Monday, October 21, 2013

Oct 21 2013

Strong opening to the week, with many trades working nicely in both directions. GDX, GLD, CAT (this one gave us one win and one small stop), FB - usual suspects so to speak.

Session Time: Mon Oct 21 00:00:01 2013
[09:06] {dino} gm
01[09:08] {&Threei}  morning dino
[09:15] {dino} empty room today
01[09:16] {&Threei}  folks wake up last minute
[09:18] {RonS} howdy y'all
01[09:18] {&Threei}  ron :)
[09:18] {Will49} gm
01[09:18] {&Threei}  will :)
01[09:19] {&Threei}  see dino, they sleep till last drop of sleep because they haven't discovered the great truth about trading: you don't have to wake up at all for that
[09:20] {nemo} Never argue with stupid people. They will drag you down to their level and then beat you with experience." –Mark Twain
[09:20] {nemo} I guess I should stop talking to Les
01[09:21] {&Threei}  judging from my couple weeks ago experience of talking with some members of the most militant BC union, that's true
01[09:22] {&Threei}  you wouldn't believe it... key phrase after which I realized the only way to talk to them is not to talk to them:
[09:22] {Alexs} gm
01[09:23] {&Threei}  "seeing all the unfairness and inequality, why don't we simply transfer all the monetary decisions - pricing, salaries etc - and economic assets to the government, and let people electing it rule themselves"
01[09:23] {&Threei}  alex :)
01[09:24] {&Threei}  I swera, this was actually said, and they all nodded
[09:26] {ese} gm
01[09:26] {&Threei}  ese :)
[09:27] {ese} morning vad
01[09:28] {&Threei}  will, judging by Fri, CAT has something against you personally
01[09:28] {&Threei}  you weren't here, and it performed rather admirably
[09:28] {Will49} i can hardly wait
[09:28] {ese} hmmmm...i see jp morgan has put aside 23B to pay for criminal investagations re mortgage backed securities
[09:29] {thomcbell} banans
[09:29] {thomcbell} bananas
01[09:29] {&Threei}  tbell :)
[09:29] {ese} i'll just take 1 mil of that ......i can then retire
[09:32] {dino} jpm witchhunt is bs. govt begged them to buy bear
[09:32] {thomcbell} yup
01[09:32] {&Threei}  yesterday's favorite is tomorrow's villain
01[09:33] {&Threei}  see Stalin cleansing waves
01[09:33] {&Threei} Short Setup: GDX  .50 break
01[09:33] {&Threei}  If holds  .40
[09:33] {Alexs} long?
01[09:33] {&Threei}  grr
01[09:33] {&Threei}  yes
01[09:33] {&Threei}  lol
01[09:33] {&Threei}  too used to shorting it
01[09:34] {&Threei} Long Setup:  GDX  .50 break
[09:34] {Alexs} took that short alraedy
[09:34] {Will49} me too
01[09:35] {&Threei}  it spent enough tome at .51 to cover...?
[09:37] {thomcbell} brcm very interesting daily pattern
01[09:37] {&Threei}  stop to .44
[09:37] {thomcbell} 27.19 long break at some point
01[09:38] {&Threei}  blast from the past... haven't heard of BRCM in years
[09:38] {cc_9} UNH, this is one to keep an eye on
01[09:39] {&Threei}  half out GDX
01[09:40] {&Threei}  1:1
01[09:41] {&Threei} Short Setup: JPM  .10 break
01[09:41] {&Threei}  If holds  .20
01[09:41] {&Threei}  half lot
[09:41] {cc_9} UNH $0.60 from Friday's lows
01[09:43] {&Threei}  1:2
[09:43] {cc_9} UNH critical here, no position yet
01[09:43] {&Threei}  Invalidated  JPM
[09:45] {cc_9} UNH 67.60 from friday trying to hold here
[09:45] {cc_9} next support $66.00 flat
01[09:46] {&Threei} Short Setup: JPM  .50 break hl
01[09:46] {&Threei}  If holds  .60
01[09:47] {&Threei}  1:1
01[09:50] {&Threei}  (US) Three people have been shot at a Bally's hotel/casino on the Las Vegas strip; suspect is in police custody - local media
[09:52] {thomcbell} brcm 27.21 long break if holding 27.11
01[09:53] {&Threei} Long Setup:  FB  .25 break
01[09:53] {&Threei}  If holds  .20
[09:53] {dino} safm hl l .87
01[09:55] {&Threei}  1:1
[09:56] {nemo} gmcr
[09:56] {dino} egn spike
01[09:58] {&Threei} Short Setup: CAT  .40 break
01[09:58] {&Threei}  If holds  .46
01[10:00] {&Threei}  *(US) SEPT EXISTING HOME SALES: 5.M V 5.30ME
[10:00] {nemo} they'll blame that on the shutdown
01[10:00] {&Threei}  *Reminder: This data is privately collected and was unaffected by the Govt shutdown
01[10:00] {&Threei}  1:1
[10:01] {nemo} what's your point?
01[10:01] {&Threei}  ?
01[10:01] {&Threei}  just copied what I thought was worth of note
[10:01] {nemo} the democrats will blame it on the shutdown
01[10:01] {&Threei}  of course they will
01[10:01] {&Threei}  they will blame poor weather on shutdown
01[10:01] {&Threei}  and hurricane on sequester
01[10:02] {&Threei}  too bad we had no hurricanes to speak of this year
01[10:02] {&Threei}  global warming folks will have to come up with answer to this one... and I suspect shutdown will be the answer
01[10:03] {&Threei}  - Median existing home price: $199.2K v $209.7K m/m (revised from $212.1K) - Total Months Supply: 5 v 4.9 prior - Distressed sales: 14% v 12% prior - All cash sales:33% v 32% m/m
01[10:03] {&Threei}  Yessss:
01[10:03] {&Threei}  - NAR Chief Economist: "Affordability has fallen to a five-year low as home price increases easily outpaced income growth," Expected rising mortgage interest rates will further lower affordability in upcoming months. Next month we may see some delays associated with the government shutdown."
01[10:04] {&Threei}  didn't take long, did it
[10:06] {thomcbell} there is a serious real estate bubble in brooklyn ny
[10:06] {thomcbell} absolutely crazy
01[10:07] {&Threei}  will, you make friends with CAT?
[10:08] {Will49} :)
[10:09] {thomcbell} brcm invalidated but i think still 1/2 lot or buy pullback to 27.10
[10:09] {Will49} trading CAT is like kissin your sister
[10:09] {Alexs} are you in brooklyn tbell?
[10:09] {nemo} well, of course, depending on what your sister looks like...
[10:09] {thomcbell} yes - i live in clinton hill
[10:10] {Alexs} I live in brooklyn too actually don't see any bubble yet
[10:12] {dino} out safm .70, +.83
[10:12] {Will49} nice dino
[10:12] {drewj} wtg dino
[10:12] {dino} ty drew
[10:13] {Will49} applause from the peanut gallery
[10:13] {drewj} :)
[10:13] {Will49} what does that even mean?
[10:15] {thomcbell} nice volume bar on the brcm long break
[10:15] {thomcbell} im there
[10:15] {cc_9} UNH setting up
[10:18] {thomcbell} brcm 1:1
[10:19] {Alexs} fb short .70?
01[10:20] {&Threei}  can't tell
[10:20] {cc_9} VJEt at this pps = playing with fire
01[10:22] {&Threei}  .75 break should finally take last piece of GDX to 1:3
[10:27] {thomcbell} stop on brcm balance to 27.22
01[10:29] {&Threei} Long Setup:  JPM  .50 break
01[10:29] {&Threei}  If holds  .40
[10:29] {thomcbell} flat
[10:29] {thomcbell} brcm
[10:29] {thomcbell} thought that pattern had more oomph than that
[10:29] {thomcbell} market misbehaved
01[10:30] {&Threei}  yeah, market drop put brakes on that
01[10:30] {&Threei}  GDX 1:3
01[10:30] {&Threei}  out
01[10:31] {&Threei}  JPM valid
[10:37] {drewj} jpm still a go?
01[10:37] {&Threei}  yes
[10:37] {ese} L noah .66
[10:39] {thomcbell} looking for swk short setup
[10:39] {thomcbell} pivot way down
[10:40] {ese} nope out noah .50 -.16
01[10:41] {&Threei}  .15 break SWK
[10:43] {Will49} so, is that an alert Vad?
01[10:44] {&Threei}  a bit out of my risk preferences... just tossing an idea to tbell
[10:44] {Will49} ok
[10:45] {Will49} a bit confused why we didn
[10:45] {thomcbell} i think im more interested in shorting a spike up to 77.40 for now
[10:45] {Will49} tinvalidate JPM
[10:45] {Will49} but i'm easily confused
01[10:45] {&Threei}  because it reestablishes after going back in the range and reconsolidating
[10:46] {Will49} you da boss
01[10:46] {&Threei}  when it comes to JPM, Dimon is
[10:46] {Will49} haha
01[10:46] {&Threei}  for now at least
[10:46] {Will49} 23b boss
[10:47] {thomcbell} unh nice
[10:56] {thomcbell} nothing there swk
01[11:00] {&Threei} Long Setup:  CAT  .40 break
01[11:00] {&Threei}  If holds  .30
[11:02] {Will49} my sister just walked in
[11:04] {nemo} go kiss her will
[11:05] {Will49} not yet
[11:05] {Will49} i will if we only go 1:1 on CAT
01[11:10] {&Threei}  nah
[11:10] {drewj} it's will's fault
01[11:10] {&Threei} Short Setup: GLD  .10 break
01[11:11] {&Threei}  drew,,, Les is not here, and by unbreakable rule installed by nemo, it's always fault of the one who is not in the room right now
[11:12] {drewj} poor les...
01[11:12] {&Threei}  when Les is in, it's fish's fault
[11:12] {drewj} he sure takes a beating
01[11:12] {&Threei}  until he is bak from Korea
01[11:13] {&Threei}  stop .16 now
01[11:14] {&Threei}  GLD half out
[11:14] {dino} kalu hl l .00
01[11:14] {&Threei}  on Friday we would blame any stop on goinshort... but we had no stops so he lucked out
01[11:14] {&Threei}  stop .11 now
[11:23] {thomcbell} swk looks like a long now
[11:26] {dino} man drop
[11:35] {RonS} took kalu .15 to .65 +.50  thanks dino
01[11:36] {&Threei}  wtg
[11:36] {dino} out kalu .86, +.86
[11:36] {dino} gj ron, yw
[11:37] {dino} brb
01[11:43] {&Threei} Short Setup: FB  .95 break
01[11:43] {&Threei}  If holds  .05
[12:07] {RonS} qcor toasted by Barrons
[12:07] {thomcbell} swk was nice long - didnt play
01[12:09] {&Threei}  QCOR yeah, was in our sunday e-mail
[12:16] {dino} gaps 54.50s and 52
[12:17] {Alexs} makes sense to trail FB to.01?
01[12:17] {&Threei}  after .90 loss
[12:18] {Alexs} ok
01[12:30] {&Threei}  let's trail
01[12:31] {&Threei}  who would have though FB could turn into chinese water torture
[12:31] {drewj} yes normally it moves really fast
[12:31] {Will49} you just picked this trade to keep me away from the pool :)
[12:31] {drewj} or anything actually fun
[12:32] {Will49} yeah
01[12:32] {&Threei}  gotta avoid that prune-like skin, will
[12:32] {Will49} lol
01[12:32] {&Threei}  I do my best to prvent that... anf chlorine bleach
01[12:32] {&Threei}  1:1
01[12:32] {&Threei}  there
01[12:32] {&Threei}  you all are meanies
[12:33] {Will49} :)
[12:33] {drewj} didn't you write an article called the unbearable bordom of trading?
01[12:33] {&Threei}  I am sure I have
01[12:34] {&Threei}  and still you all are so mean to me.... sniff sniff
[12:34] {drewj} omg
[12:35] {drewj} i have never made fun of you but if  you keep it up i might start
06[12:36] * &Threei wieghs a fresh trout in his hand, shrugs, puts it away, opens a freezer and takes out frozen trout, hard as a stone and sharp as a razor
06[12:36] * &Threei slants at drew
[12:36] {drewj} omg
[12:36] {drewj} first you cry now you threaten me
[12:36] {Will49} now you've done it drew
[12:36] {drewj} what a bully
06[12:36] * &Threei lift his left brow with silent question" still want to make fun of me?
[12:37] {drewj} ok vad...i will console you
[12:37] {drewj} do you want a hankie?
06[12:37] * &Threei lifts the trout in launch position
[12:37] {drewj} i'm done...for real
[12:38] {drewj} i count on you too much to waste time upsetting  you
[12:38] {drewj} but the hankie offer still stands
01[12:38] {&Threei}  lol
[12:51] {nemo} time for sentry technique
[12:55] {Will49} is that a sexula thing?
[12:55] {Will49} sexual
01[12:55] {&Threei}  with nemo, most things are
[12:56] {nemo} well, no it's not sexual, but depending on your predilictions it can be quite gratifying
[12:56] {Will49} i see!
[13:00] {Will49} so...what IS the sentry technique?
[13:01] {dino} qcor sm l .06
01[13:10] {&Threei} Long Setup:  JPM  .30 break
01[13:10] {&Threei}  If holds  .22
01[13:11] {&Threei}  if the trade is stopped with such size of a stop, is it "3/4 of no go" or "1 1/2 meh"?
[13:12] {Will49} hmmmm
[13:14] {Alexs} it's go meh yourself
[13:14] {Will49} that's it!
01[13:14] {&Threei}  well, in JPM case many would tell them to do just that, lol
01[13:33] {&Threei}  stop to .24
01[13:33] {&Threei}  now it wualifies for meh
01[13:33] {&Threei}  qualifies
[13:34] {drewj} i'm calling it a day after this one
[13:34] {Alexs} hope it qualifies for 1:3
[13:34] {drewj} me too
01[13:34] {&Threei}  so, we can have 3 1:3ers we have planned for the last hour for ourselves??
01[13:34] {&Threei}  cool
[13:35] {drewj} awwweee
01[13:36] {&Threei}  but that's OK, fear not - if you cry inconsolably, I will hand you that hankie back {GGG}
[13:36] {drewj} i was going to make a joke about you crying yourself to sleep but i will keep it to myself
[13:37] {drewj} something about big russian tears hitting the pillow
[13:37] {Will49} only crying vad does is when a bottle of vodka falls and breaks
[13:37] {drewj} i bet
[13:37] {RonS} that's not crying...that's bawling...
[13:37] {Will49} lol
01[13:38] {&Threei}  you guys don't get it... that's one manly tear slowly sliding down the unshaved face
[13:38] {dino} qcor to .50
01[13:39] {&Threei}  then the sight firmly sets on the one who dropped that bottle, with no expression whatsoever
[13:39] {Will49} yikes
01[13:39] {&Threei}  until he realizes he has to run and get the replacement
[13:39] {dino} out qcor .50, +.44
[13:39] {drewj} nice one dino
01[13:39] {&Threei}  wtg dino
[13:40] {dino} ty
[13:40] {drewj} come on jpm
[13:41] {RonS} took qcor .04  out .65  +.61 thanks dino
[13:41] {Will49} nice one guys
[13:42] {dino} gj ron
[13:43] {drewj} take care guys
[13:43] {drewj} got to go
[13:43] {Will49} c ya drew
01[13:43] {&Threei}  take care drew
01[13:56] {&Threei}
[13:56] {cc_9} PBR pop
[13:56] {cc_9} see if it slows down for a short
01[14:03] {&Threei}  meh
[14:05] {Les} hey
01[14:06] {&Threei}  hey Les
[14:07] {cc_9} JCP this is just sad, very sad
[14:07] {Les} GLD approaching the lows
[14:07] {cc_9} new 100 year low
[14:08] {RonS} thinkin bax about 50 cents away from a reversal...
01[14:10] {&Threei}  missed very good morning Les
01[14:10] {&Threei} Short Setup: GLD  .95 break
[14:12] {nemo} bounce time
[14:13] {Les} yeh pisses me off to be working the trading hours
[14:13] {Les} c'est la vie
[14:14] {nemo} doesn't bother me les
[14:14] {Les} you're free to be an a**hole
[14:15] {Les} am I allowed to say that?
[14:15] {Les} sorry... janitor
01[14:15] {&Threei}  well... it's inelegant
[14:16] {Les} I like that
[14:16] {Les} I am feeling ... inelegant tonight
[14:16] {nemo} it's so Les
01[14:16] {&Threei}  I like insults to be sophisticated
[14:16] {Les} take a rain check on that
[14:17] {nemo} bad expectations Vad
01[14:17] {&Threei}  GLD stop is .06 for now
01[14:17] {&Threei}  after .90 loss trail to .01
[14:18] {Les}
[14:18] {Les} oh boy, she wants to hand it all over to Brussels
[14:19] {Les} that's like handing over the keys to the whisky bar to Nemo
[14:19] {Les} drunken sailor...
[14:20] {Alexs} stop .01  now?
01[14:21] {&Threei}  yes, let's trail
01[14:21] {&Threei}  things are very slow, let's keep risk as small as possible
01[14:22] {&Threei}  we did too well today to risk needlessly
01[14:22] {&Threei}  and we still have last hour for activity to pick up
[14:23] {Les} shit sso .75/.85 looked like it but this is supposed to be BTFD market
[14:24] {Les} wanna be shortin the bounces here
[14:24] {Les} I wanna anyway
[14:29] {RonS} market acting like O on tv...
[14:30] {Will49} so what's wrong with Oprah?
01[14:30] {&Threei}  what isn't
[14:31] {Will49} she has a lot of inflamation
[14:32] {RonS}
[14:32] {nemo} I think he means she's fat
[14:32] {RonS} ...will has seen her kankles?
[14:32] {Alexs} Vad, when I take one small stop it's actually 7 cents, is it correct?
[14:32] {Will49} that'll do
[14:33] {Les} lol this conversation gettin interesting
01[14:33] {&Threei}  if everything goes by the book, yes
[14:34] {Alexs} do you usually do different?
01[14:34] {&Threei}  not really
[14:35] {Alexs} just checking if I do it right
[14:36] {Will49} ? can you explain 7 cents vad?
01[14:36] {&Threei}  if she serves breakfast hot and on time...
01[14:36] {&Threei}  alex means a cent added on entry and exit, since we work on break of the thresholds
[14:36] {Will49} if you get in at 1 cent below trigger and stop out 1 centa above
01[14:37] {&Threei}  correct
[14:37] {Alexs} yes
[14:37] {Will49} isn't that 12 cent stop?
01[14:37] {&Threei}  with 5 cents stop he means
[14:37] {Will49} ah
[14:37] {Alexs} yes
01[14:37] {&Threei}  see word "amll" on his question
01[14:37] {&Threei}  small
01[14:37] {&Threei}  in
01[14:37] {&Threei}  jeez
[14:37] {Will49} ok got it
[14:38] {Will49} wasn't thinking (again)
01[14:38] {&Threei}  that's good
[14:38] {cc_9} QCOR monster come back
[14:39] {Les} wow seriously below s3 at the LoD
[14:40] {nemo} looks like it should fall here
[14:41] {Les} yeh notable vol. resistanc here
01[14:55] {&Threei}  1:1
[14:55] {Les} kaching baby
01[14:55] {&Threei}  money making continues
[14:56] {dino} fang spike
[14:56] {Les} qcor small short .79
[14:58] {Les} half cover .66
[14:58] {dino} gj
[14:59] {Les} ty sir
[14:59] {Les} 2nd half cover flat
[14:59] {Les} no dive for me
01[15:00] {&Threei}  yw
01[15:00] {&Threei}  flat?
[15:00] {Les} you too are welcome sir
[15:01] {Les} [20:57] {Les} qcor small short .79
[15:01] {Les} [20:58] {Les} half cover .66
01[15:01] {&Threei}  ah
01[15:01] {&Threei}  was looking at GLD
01[15:01] {&Threei}  which never went back to flat
[15:09] {mrcanada} would QCOR be considered a head and shoulders?
[15:09] {mrcanada} excuse me not a h&s but rather a cup and handle?
01[15:10] {&Threei}  inverted, yes
[15:10] {Les} u looking at all day chart mrcanada?
[15:10] {mrcanada} yes
[15:11] {Les} yeh I see both patterns... sorta
[15:11] {mrcanada} we will see
[15:12] {Les} but Nemo would say I see pink elephants in these charts, so no comment
[15:14] {Will49} what are you smokin Les?
[15:15] {RonS} must be a dictionary?
[15:15] {Will49} haha
[15:16] {dino} todays valued-added research, jpm eaises tsla to 93 from 83, rating neutral. wtf, it trades at 171
[15:16] {dino} eaises=raises
[15:16] {Les}
[15:18] {Les} full episode
[15:18] {Les}
[15:19] {RonS} ...thinkin mr canada first name must be oh...which would mean he's very inspirational...
[15:20] {mrcanada} eh?
01[15:21] {&Threei}  that's "eh" ron... jeez, you yankies
[15:21] {mrcanada} got my pop!
[15:21] {RonS} ...someone wrote the national anthem after you...means yu are inspirational...
[15:21] {Les} wtf with you lot
01[15:21] {&Threei}  we put "oh" in that specifically for you, but north of border we sing it Eh Canafa
01[15:21] {&Threei}  Canada
[15:22] {RonS} lol
[15:22] {Will49} lol Vad
[15:23] {RonS} good to know...outta Les would say a+...
[15:23] {Les} that's trademarked Ron
[15:24] {cc_9} SCTY here any takers ?
[15:25] {Les} a buck higher?
01[15:26] {&Threei}  take care Ron
[15:26] {Will49} not with that spread
[15:27] {mrcanada} Vad...where would u get out of qcor if you got in under 63$
[15:27] {Les} lol
[15:27] {cc_9} GNTX pop
01[15:28] {&Threei}  where had you had your stop?
[15:28] {mrcanada} brought it up to 63.25
01[15:28] {&Threei}  no, I mean original
01[15:29] {&Threei}  to determine risk reward
01[15:29] {&Threei}  that's how we define the targets, via r/r ratios
[15:29] {mrcanada} 63.75
01[15:29] {&Threei}  62.75 you mean?
[15:30] {mrcanada} right now i am at 1:2
[15:30] {mrcanada} the 62.75
[15:30] {Les} sm short gntx .38 holding .45
01[15:30] {&Threei}  I would be 3/4 out here, and stop at .35
[15:30] {mrcanada} k...i am out half
[15:31] {mrcanada} my stop is at .35
[15:31] {cc_9} funny when people wrote off NFLX in 2011
[15:32] {cc_9} calling Hastings the worst CEO on Wall St.
[15:32] {cc_9} helluva turnaround on value and content
[15:33] {mrcanada} how long should I let it go?
[15:33] {Les} stopped
[15:34] {mrcanada} stop at .50
01[15:34] {&Threei}  let market answer that by trailing stop with each new support level formed
[15:34] {mrcanada} k
01[15:34] {&Threei}  when it reverses, it will tag your stop
01[15:35] {&Threei}  .49 now
01[15:37] {&Threei}  (GR) Greece PM Samaras: Reiterates Greece will have a primary surplus in 2013
01[15:37] {&Threei}  (under his breath) because we told out bean counters to make it so
[15:37] {Will49} of olive oil
01[15:37] {&Threei}  - Expect European lenders to help with Greece debt in November as promised. - Greece Fin Min: GDP to decline by 3% in the third quarter
01[15:37] {&Threei}  lol
01[15:37] {&Threei}  and we were wondering where Iraq minister of information went
01[15:38] {&Threei}  remember, the one who was saying "we are winning, US troops are fleeing" till last day
[15:39] {thomcbell} hi
01[15:39] {&Threei}  (CA) Canada PM Harper: Canada to loosen foregin takeover review limit to C$1.5B ***Note that BlackBerry's market cap is around $4.3B presently
[15:40] {thomcbell} anything happening
01[15:40] {&Threei}  hey tbell
01[15:40] {&Threei}  yeah, got couple more while you were gone
01[15:40] {&Threei}  alex, I guess you still can't buy Victoria at this point...
[15:41] {cc_9} RSH parabolic
01[15:41] {&Threei}  QCOR, time becomes an issue, I'd trail stop to .65
[15:44] {Will49} nice trade mr Canada
[15:44] {nemo} whoa
[15:44] {nemo} somebody shut off the algo
01[15:44] {&Threei}  see how trailing stop saves your behind?
[15:44] {Les} 2nd go gntx .78 short
01[15:45] {&Threei}  all gains evapporate in a blink of an eye if you don't manage your trade propelry
[15:46] {Will49} shheeesh Vad..the ONE day i stay to the trades :(
[15:46] {mrcanada} yes....I am use to trading on a longer time frame....but the same happens but is slower :-)
[15:46] {Les} ya missus leave ya along for an afternoon Will?
01[15:46] {&Threei}  sorry will... nothing shaped up
[15:47] {Will49} right on les
[15:47] {nemo} Les will never shape up
[15:47] {Will49} she's shopping
[15:48] {Will49} i know Vad...just trying to get a rise out of you
[15:48] {nemo} Vad's too old
[15:48] {Les} always dwelling in lowly places without ego
[15:48] {Will49} lol nemo
01[15:48] {&Threei}  GNTX works
[15:48] {Les} half cover AGNT .70
01[15:48] {&Threei}  good one to finish with Les
[15:49] {Les} yeh ignored your r/r and almost had my head handed to me on a platter
[15:49] {Les} 1:2
01[15:49] {&Threei}  ignore my r/r at your peril
01[15:50] {&Threei}  they are derived from a decade and half of observations
[15:50] {Les} wanna score like Dino
[15:50] {Les} +1.00
[15:50] {Les} +2.00
[15:50] {Les} +.5xx!!!
01[15:50] {&Threei}  crawl... walk... run...
[15:50] {Les} sight
01[15:50] {&Threei}  dino wasn't born dino either, he developed into this T-Rex
[15:50] {Les} -t
[15:51] {Les} full covered 1:2
[15:51] {mrcanada} do u guys buy 1k shares of a stock that trades at 50+ $
[15:52] {mrcanada} or would u buy a smaller amount of shares...say 600?
01[15:52] {&Threei}  depends on one's account size, risk rtolerance, objectives
[15:52] {Les} gotta sleep a+
[15:53] {mrcanada} i c
[15:53] {mrcanada} just trying  to find out...what I should and should not be doing...
01[15:53] {&Threei}  see this article:
[15:53] {nemo} just don't listen to Les
[15:53] {cc_9} ok guys, see you all tomorrow
01[15:54] {&Threei}
01[15:54] {&Threei}  and generally, make sure you read this whole selection:
01[15:54] {&Threei}
01[15:55] {&Threei}  thank you all, have a great evening
01[15:55] {&Threei}  see you tomorrow
[15:55] {mrcanada} thanks