Tuesday, October 22, 2013

Oct 22 2103

9 calls, 8 wins - need I say more? One of those days when patterns just work, despite all the assurances from everywhere that HFT, algos and whatnot have destroyed them da patterns. And stole your lunch. And breakfast. GDX, GLD, FCX, CAT, FB - things just work when there is volume.


Session Time: Tue Oct 22 00:00:00 2013

[09:04] {dino} gm
01[09:04] {&Threei}  morning dino
[09:12] {drewj} morning guys
01[09:12] {&Threei}  drew :)
[09:13] {nemo} I wish I could get a bottle of vodka like Thor's draught horn
[09:15] {dino} i just wish i could get a bottle of vodka
[09:15] {nemo} wife won't let you?
[09:16] {dino} no, just thinking that i need to pick up some vodka. any recommendations?
[09:17] {nemo} Tito's, Grey Goose, Ketel 1
01[09:17] {&Threei}  Russian Standard
[09:17] {dino} tito's, i will look for, never had it
[09:17] {nemo} doubles as napalm
[09:17] {nemo} Russian standard that is
01[09:17] {&Threei}  Iceberg, if it's sold in your stores
[09:18] {dino} ok, i will be looking this week
[09:18] {nemo} listen to me Dino, Vad's a Ukranian, I drink with real Russians
[09:18] {Will49} gm
[09:18] {dino} lol
01[09:18] {&Threei}  that bs sir
01[09:19] {&Threei}  will :)
[09:23] {RonS} greetings & salutations everyone
[09:24] {Will49} and to you kind sir
01[09:24] {&Threei}  ron :)
[09:25] {nemo} why is fcx up so much?
01[09:26] {&Threei}  good report
01[09:26] {&Threei}  Freeport McMoran Copper & Gold Inc Reports Q3 $0.79 v $0.63e, R$6.17B v $5.71Be- Reaffirms FY13 CAPEX to $5.5B (prior $5.5B on July 23rd)
[09:27] {ese} gm
[09:28] {Alexs} gm
01[09:28] {&Threei}  ese, alex :)
[09:31] {+cc_9} good late morning
01[09:31] {&Threei}  cc9 :)
[09:32] {+cc_9} read a report from an economist at Credit Suisse stating that the market will move up on the #s today (for 30minutes). He even gave how much the market will move.
[09:32] {nemo} would you call him and have him email me 6 numbers please
[09:33] {Alexs} why he still works as economist?
01[09:33] {&Threei}  lol
01[09:34] {&Threei} Long Setup:  GDX  .50 break
01[09:34] {&Threei}  If holds  .40
[09:34] {+cc_9} OSIR
01[09:35] {&Threei}  1:1
01[09:35] {&Threei}  thank you Credit Suisee economist
[09:36] {+cc_9} OSIR here we go
[09:36] {+cc_9} low volume pulpy one, but large movement yesterday
[09:39] {+cc_9} UNH ripe on 15min if can get through 69
01[09:39] {&Threei} Short Setup: FCX  .40 break
01[09:39] {&Threei}  If holds  .50
[09:40] {dino} coh sm l .10
01[09:40] {&Threei}  1:1
[09:40] {+cc_9} RSH gave back all its run EOD yesterday
[09:41] {RonS} rsh report horrible
[09:41] {+cc_9} yes
[09:42] {robbers} Out, thanks Vad.
01[09:43] {&Threei}  don't thank me thank Credit Suisse economist
[09:43] {robbers} Maybe he's one of us, LOL.
01[09:43] {&Threei}  I take all my trades of first 30 min per his guidance
[09:44] {robbers} Can't he be more precise, like a call for a five minute window?
01[09:44] {&Threei}  those economists...
01[09:44] {&Threei} Long Setup:  SLW  /95 break
01[09:44] {&Threei}  If holds  .85
01[09:49] {&Threei}  GDX 1:2
[09:50] {ese} Larmh .53
01[09:50] {&Threei}  SLW 1:1
01[09:50] {&Threei}  thank you Credit Suisse economist
[09:52] {robbers} Out, feels toppy to me, ty.
01[09:52] {&Threei}  :)
[09:54] {robbers} Plus, the 30 minutes is almost up.
01[09:54] {&Threei}  lol
01[09:54] {&Threei}  still... he said 30
01[09:55] {&Threei}  I am holkding onto them for 6 more minutes
01[09:55] {&Threei}  5
01[09:55] {&Threei}  and ending him invoice if things turn down earier
01[09:55] {&Threei}  seidning
[09:55] {ese} armh stopped .20
01[09:55] {&Threei}  should I try third time?
[09:56] {dino} brew spike
[09:56] {robbers} Dino drinking again.
01[09:56] {&Threei}  not yet, he is deciding between vodka suggestions he got earlier
01[09:57] {&Threei}  [09:16] {dino} no, just thinking that i need to pick up some vodka. any recommendations?
01[09:57] {&Threei}  [09:17] {nemo} Tito's, Grey Goose, Ketel 1
01[09:57] {&Threei}  [09:17] {&Threei} Russian Standard
01[09:57] {&Threei}  [09:17] {dino} tito's, i will look for, never had it
01[09:57] {&Threei}  [09:17] {nemo} doubles as napalm
01[09:57] {&Threei}  [09:17] {nemo} Russian standard that is
01[09:57] {&Threei}  [09:17] {&Threei} Iceberg, if it's sold in your stores
[09:59] {ese} ok then......armh taking a beating......rev report yesterday was ok.....any news out there that i'm missing
01[09:59] {&Threei}  brew spike eh... that's fine just don't spike brew, OK?
[09:59] {ese} this should bounce
[09:59] {robbers} So what is the economist's call for the next 30 minutes, I'm not trading till we get that.
[09:59] {dino} brew hl s .42
01[09:59] {&Threei}  *(US) OCT RICHMOND FED MANUFACTURING INDEX: 1 V 0E
[09:59] {Will49} egads.....had 3 trades on a once...first time ever
[10:00] {Will49} still in 2
[10:00] {ese} super star
01[10:00] {&Threei}  1:3 GDX
[10:00] {ese} go will go
[10:00] {robbers} Role model for me.
[10:00] {Will49} now 1
01[10:00] {&Threei}  there is first time for evertything will :)
[10:00] {Will49} so they say
[10:00] {dino} nothing ese
[10:00] {Will49} i still remeber my first time :)
[10:00] {nemo} Les is the exception...he's never had an intelligent thought
01[10:00] {&Threei}  I still remember our first kiss with GDX... I am in love ever since
[10:01] {robbers} Yeah, I'm 58 and expecting to get laid any day now.
[10:01] {ese} tks dino
[10:01] {dino} lol
[10:01] {nemo} any sheep farms nearby there robbers?
[10:01] {ese} want back into that one at some point
[10:01] {Will49} lol robbers
[10:01] {robbers} All I have to say to that is BAAAAAAAA!!
[10:01] {nemo} gap and grind day
[10:02] {dino} armh sm l .70
[10:02] {Will49} haha
[10:02] {+cc_9} OSIR tanking here, worth keeping an eye on
[10:03] {+cc_9} it snapped about $2.00 yesterday on its sell-off
[10:04] {robbers} Nice recovery by SLW, but I was too busy on the sheep dating site.
[10:04] {ese} l armh .75
[10:04] {ese} sm
[10:04] {Will49} yes!
[10:04] {Will49} out SLW 1:3
[10:05] {Will49} out GDX 1:3
[10:05] {robbers} Nice Will, great patience.
[10:05] {Alexs} 1:3 .35 will
[10:05] {Will49} now THAT'S what i'm talkin about
01[10:05] {&Threei}  out
[10:05] {robbers} Am trying to learn from you.
[10:05] {ese} wtg will
[10:05] {Will49} tks
01[10:06] {&Threei}  2 1:3ers and scalp in first 35 min - that's what having Credit Suisse economist on your side does
[10:06] {Will49} :)
01[10:06] {&Threei}  ARMH starts working
01[10:07] {&Threei}  good entry dino
[10:07] {+cc_9} MDVN scary chart but very nice $ movement
[10:07] {Alexs} slw didn't touch 1:3 did it?
[10:07] {robbers} High of 31.5
[10:07] {ese} out armh 23 +.43
01[10:08] {&Threei}  not precisely but 30 min is up and last couple cents are immaterial
[10:08] {ese} oh vad........you always liked dino best!!!!!!
[10:08] {ese} i'm hurt
01[10:08] {&Threei}  [10:02] {dino} armh sm l .70
01[10:08] {&Threei}  [10:04] {ese} l armh .75
[10:08] {ese} ya ......
[10:09] {dino} gj ese
01[10:09] {&Threei}  his entry is 2 min earlier and 5 cents lower
[10:09] {dino} and i want a $
[10:09] {ese} lol
[10:09] {dino} want, want, want....
[10:09] {ese} yup yup yup
[10:10] {dino} mdvn odd, thing should rock
01[10:10] {&Threei} Short Setup: FCX  .60 break
[10:10] {dino} sm l .50, wide
01[10:10] {&Threei}  If holds  .70
[10:12] {+cc_9} MDVN on the move
[10:12] {dino} out mdvn .80, +.30
01[10:13] {&Threei}  1:1
[10:13] {Will49} crap---missed
[10:13] {dino} .10 seems to be resistance mdvn
[10:13] {drewj} me too will
[10:13] {robbers} Excellent call on FCX.
[10:14] {Will49} Vad on a roll
[10:15] {dino} brew stop
[10:15] {Will49} called a pub
[10:16] {dino} mdvn sm l .00
[10:16] {dino} lool will
[10:17] {dino} lol
[10:17] {robbers} Funny Will, your sense of humor is even better when you're up a few hundred, eh?
[10:17] {Will49} true dat
[10:17] {dino} ghetto, huh will
[10:17] {Will49} ask my wife
[10:18] {RonS} Mistress Helga?
[10:18] {Will49} true dat is an old scottish saying
[10:18] {ese} wow dino...the 30 candles on mdvn look bizzare
[10:18] {ese} 30 min
[10:18] {Will49} mistress days are over Ron:)
01[10:19] {&Threei}  does she know that?
[10:19] {+cc_9} another old scottish saying for "I would like some of that" is "gibsme dat"
[10:19] {Will49} haha
[10:19] {Will49} you have to axe yourself...
[10:20] {dino} ese, wait for it.... out armh .71, +1.01
[10:20] {Will49} oy vey
[10:25] {ese} lol.....awesome dino
[10:25] {robbers} I'll have to try "gibbsme dat" on the Scottish women, maybe that'll get me laid.
[10:25] {robbers} wtg dino.
[10:26] {Will49} from what i hrea..it'll take more than that robbers :)
[10:26] {Will49} hear
[10:26] {ese} i will pobably under achieve all my trading life because vad likes you best
[10:26] {RonS} pic.twitter.com/SJZNzemm5e
[10:26] {dino} thx robbers
[10:27] {ese} he's turned everyone against me......will won't come out for beers with us.....nemo and les insult me......i' i'm i'm hurt
[10:28] {Will49} ese...all you do is sit around and pick my brain for trades
[10:28] {ese} lol
[10:29] {thomcbell} gm all
[10:29] {ese} T
01[10:29] {&Threei}  tbell :)
01[10:29] {&Threei}  missed perfect morning... 4:4
[10:29] {ese} T vad has turned everyone against me today
[10:29] {ese} will you be my friend
[10:30] {Will49} ok
[10:30] {Will49} you buy
[10:30] {ese} lol.....alright
[10:32] {Will49} as a bonus, i'll give you a couple of tips :)
[10:32] {ese} oh alright
[10:32] {+cc_9} slow 10:30
[10:32] {+cc_9} need some of those tankers/runners
[10:33] {ese} don't eat yellow snow
[10:33] {ese} ?
[10:33] {dino} brew sm s .38
[10:33] {Will49} good tip
[10:34] {Will49} my first life lessons, don't eat yellow snow and don't pee into the wind
[10:35] {nemo} Zappa and Croce
[10:35] {Will49} also, don't put tongue on frozen handrail
[10:35] {thomcbell} glad to hear 4:4
[10:35] {nemo} A Christmas Story
[10:36] {Will49} nemo...you mean those guys wrote a song about it?
[10:36] {dino} double dog dare
01[10:39] {&Threei}  TSLA National Highway Transportation Safety Administration (NHTSA) confirms is gathering information on the 10/2 crash; no formal investigation yet decided upon - press
[10:39] {ese} as soon as the 1min 20min ma in armh crosses below then back above the 1min 50 ma....i'm going to be back in that one with avengence
[10:41] {ese} what crash was that?
[10:42] {dino} battery explosion fire
[10:42] {ese} hmmmmm  what vehicle?
[10:42] {dino} tesla
[10:43] {ese} make i mean
[10:43] {dino} dk
[10:43] {ese} my wife has a prius
01[10:43] {&Threei}  maker is Tesla
01[10:43] {&Threei}  dream of environmental hypocrites
[10:43] {ese} what model vad
[10:44] {dino} ran over something on road, it hit battery, explosion
01[10:44] {&Threei}  why, you pick among their models?
[10:44] {+cc_9} QQQ @ LOD pps
01[10:44] {&Threei}  they are all crap
[10:44] {ese} hmmmmmm...that sounds like extreme bad luck
[10:44] {ese} because my wife has a prius
01[10:45] {&Threei}  prius has nothing to do with those
[10:45] {+cc_9} NFLX $50 flush
01[10:45] {&Threei}  it's a tested and proven model
[10:45] {ese} the time goes for a couple of months on a tank of gas
[10:45] {ese} thing
[10:45] {ese} thats what i wanted to know
01[10:45] {&Threei}  teslas are pure electric, bleeding edge
[10:46] {Alexs} I think tesla is the best electric car ever
[10:46] {thomcbell} FB long small
01[10:46] {&Threei}  look very cool on a first glance, in 5 min start feeling like a stuff from dated sci fi movie
[10:47] {Alexs} that 10/2 crash is a nonsense
[10:47] {ese} we get from here to your place totally electric...don't even use gas
[10:47] {RonS} nflx...heard Hastings said market exhuberance like '06...nflx fell 70% that year...conf call oops...
[10:47] {ese} how so A
[10:48] {ese} armh....going according to plan
01[10:48] {&Threei}  until they start making money from selling their cars to the public, it's all exercise in futility
[10:48] {+cc_9} QQQ starter here @ .30
[10:48] {ese} is Ballard still around......
01[10:48] {&Threei}  as of today, they make money from selling carbon credits
[10:49] {ese} carbon credits?
[10:49] {ese} whats that
[10:49] {RonS} ya, Ballard still south of Seattle...
01[10:49] {&Threei}  another idiotic goverment scheme of taking from one to give to another
[10:49] {RonS} ba hasn't bombed it yet...
[10:49] {+cc_9} FB flushing hard
[10:49] {ese} they were in vancouver at one point i thought
[10:51] {RonS} Ford went for 5 years of fires before investigation...
[10:51] {Will49} oh oh...here comes another Canuck into the room
[10:51] {+cc_9} Tech dumping hard
[10:52] {RonS} ...but where is Mr. Canada?
[10:52] {Will49} getting his name changed
[10:52] {ese} mrcanada?
[10:52] {Will49} good timing ron
[10:52] {RonS} ...putting on his RMCP suit?
[10:53] {RonS} sheesh MDVN...
[10:54] {Will49} wtf with the market?
[10:54] {ese} ya .....
01[10:54] {&Threei}  that economist was wrong by whole 20 min
[10:54] {+cc_9} tech stocks mostly are the ones crashing here
[10:54] {+cc_9} FB GOOG AAPL NFLX etc... QQQ already deep in red
[10:55] {+cc_9} SPY still a tad green, IWM @ break even
[10:55] {ese} those back to back doji's on the 30 min chart ron ......definitely pre cursor of something weird to dome
[10:55] {ese} come
[10:55] {nemo} spy just entering the gap
[10:55] {+cc_9} MDVN grabbing some long here
[10:56] {Will49} any idea why tech is crashing?
[10:56] {ese} morning gone weird .....we still haven't had the customary october tank the mrkt to scare the crap out of traders  ...event yet
[10:56] {dino} thinking the same cc9
[10:56] {+cc_9} MDVN looking for $50+ on reversal
[10:57] {ese} L mdvn .07
[10:57] {+cc_9} Will, I believe this is what algo trading means
[10:57] {Will49} must be eh?
[10:57] {+cc_9} once a couple of the high beta stocks on the nasdaq start flushing, signal go to flush the rest in tandem
[10:58] {Will49} sheesh.....nice trading environment
[10:58] {dino} mdvn sm l .20
[10:58] {+cc_9} dino, need MDVN spread to calm down a bit, big is too far off. Need some .50 bid for a nice push
[10:58] {ese} out mdvn .41
[10:59] {ese} +.33
[10:59] {+cc_9} MDVN so far so good here
[10:59] {+cc_9} almost @ $50 target
[10:59] {Will49} good one ese
[10:59] {ese} whoa....look at it go
[10:59] {dino} partial cov brew .52, +.86
[10:59] {ese} nice one dino
[10:59] {Will49} dino!!!!!
[11:00] {dino} lucky
[11:00] {Will49} you always say that
[11:00] {dino} out mdvn .86, +.66
[11:00] {+cc_9} MDVN through $50.00, all out $50.05
[11:00] {+cc_9} +$1.13
[11:00] {Will49} nice goin guys
[11:00] {dino} gj cc9
[11:01] {+cc_9} good work everyone, needed this one
[11:01] {ese} ya i know eh!!!1 man is almost a frickin genius with that technique
[11:01] {dino} will, some create their luck
[11:01] {Will49} absolutely
[11:02] {dino} remember the old saying; "profits = luck, losses are skill
[11:02] {ese} good job cc!!!
[11:02] {Will49} luck=the intersection of preparation and good timing
[11:02] {+cc_9} thanks :D !
[11:03] {dino} "money lives on the other side of fear"
[11:03] {Will49} amen
[11:03] {dino} cov remainder brew .52, +.86
[11:03] {robbers} cc wtg,
[11:04] {Will49} i'm the poster boy for that one dino
[11:04] {robbers} Dino cashes in on the brew buzz.
[11:04] {dino} refreshing trade
[11:04] {Will49} lol
[11:04] {thomcbell} wow - the money is in the waitin g
[11:05] {robbers} Did the .86 include the head on the brew?
[11:05] {dino} no, but it's making me thirsty
[11:05] {dino} was drinking barking squirrel over the weekend, pretty good
[11:05] {Will49} hahaha
[11:06] {Will49} barking squirrel
[11:06] {dino} a micro-beer, like an octoberfest
[11:06] {Will49} gonna get me some...gonna be 90F in Mesa today
[11:07] {Will49} sit around the pool and think up tips for ese and drink beer
[11:08] {+cc_9} SAC closing down London office
[11:10] {+cc_9} figured, who gives a s**t
01[11:12] {&Threei} Short Setup: FCX  .10 break
[11:13] {dino} coh sm l .00
01[11:13] {&Threei}  If holds  .20
01[11:19] {&Threei}  stop to .16
[11:22] {dino} z drop
[11:23] {+cc_9} Will
[11:23] {Will49} yes?
[11:23] {Will49} you called master?
[11:24] {+cc_9} How do they don't think it be like it is but it do ?
[11:24] {+cc_9} You're the ebonics expert here, so I come to you
[11:24] {Will49} oh yeah
[11:24] {Will49} don't axed me anymo
[11:25] {+cc_9} no doub' main
[11:25] {Will49} ooops...feels like being too close to the line
[11:25] {Will49} if you knows waht i means
[11:25] {+cc_9} well, looks like i dont have to be so bored
[11:25] {+cc_9} market falling back for another possible trade on weakness
[11:26] {+cc_9} IWM back to b/e pps
01[11:26] {&Threei}  1:1
01[11:26] {&Threei}  that's 5th win in a row
01[11:26] {&Threei}  can I go home?
[11:26] {drewj} aren't  you already at home?
[11:27] {drewj} long iwm?
[11:27] {+cc_9} damn it FB, too fast
01[11:27] {&Threei}  drew, you are challenging my status of captain obvious
01[11:28] {&Threei}  IWM, no
[11:28] {dino} lol
[11:29] {ese} L armh .04
[11:30] {RonS} ha, didn't wait for your signal, eh?
[11:31] {dino} armh royalty revs a few million light
[11:34] {ese} a little aggressive
[11:36] {RonS} Europe just closed, interesting to me that only 2 blocks have traded...relativley low volume considering 445 mil sh outstanding...L armh .06
[11:38] {RonS} coh needs some horses...
[11:38] {+cc_9} MDVN flat lining
[11:38] {+cc_9} COH ditto Ron
[11:38] {+cc_9} taken hostage by the spread algo :(
[11:40] {+cc_9} gonna just buy 50k shares of SIRI and try to get 2 pennies :(
[11:41] {+cc_9} MDVN } $51 :(
[11:41] {dino} patience ron
[11:41] {RonS} where? she was the one who had it...
[11:41] {dino} :). put hard stop on it and let it trade
01[11:42] {&Threei} Short Setup: FCX  36 break
01[11:42] {&Threei}  If holds  .10
[11:42] {+cc_9} NFLX sideways for 1 hour
[11:44] {ese} this should truck on up there now Ron
[11:45] {ese} armh that is......i hope soon ....have gotta leave soon
[11:45] {ese} might take my .10 to .15 and be done with it
[11:45] {RonS} abg
[11:46] {Will49} first invalid call today
[11:46] {Will49} keep on truckin' Vad
[11:47] {thomcbell} i was looking at it too Vad
01[11:48] {&Threei}  no trigger no harm
01[11:48] {&Threei}  and still on radar
01[11:48] {&Threei}  that support is lucrative
[11:49] {Will49} still valid?
01[11:49] {&Threei}  watching
01[11:49] {&Threei}  US) Federal Court Judge declines to dismiss lawsuit challenging ACA healthcare law's insurance subsidies, expected to rule later today on a request to temporarily block subsidies - press
[11:49] {Will49} k
01[11:50] {&Threei}  if subsidies are blocked, this effectively means ACA is suspended
[11:53] {Will49} hate to miss another nice trade...but gotta bail....back for last hour (hopefully)
01[11:53] {&Threei}  or I should say, made so unfavorable economically that no one will want to sign up
[11:53] {RonS} and the judge gets assasinated and the fascist libs carry on...
01[11:53] {&Threei}  have fun will
01[11:53] {&Threei}  FCX valid
[11:54] {thomcbell} lvs short setup 71.92 short if holding 72.01
01[11:55] {&Threei} Long Setup:  FB  .30 break hl
01[11:55] {&Threei}  If holds  .20
[11:56] {thomcbell} lvs two sided with 72.01 break
01[11:57] {&Threei}  stop to .24
[11:59] {thomcbell} cancel short side lvs
01[11:59] {&Threei}  1:1
[12:00] {thomcbell} lvs 1:1
[12:00] {thomcbell} 1:2
01[12:00] {&Threei}  wtg
[12:01] {thomcbell} stop to 73.04
[12:01] {thomcbell} 72.04
[12:01] {ese} ok ou armh avg .23 +.18 on 1500
[12:01] {ese} gotta go cyou tomorrow.......wanted to do more with that
[12:02] {+cc_9} later essey'
[12:02] {ese} indeed
[12:02] {thomcbell} flat lvs
[12:02] {RonS} later osprey..gj
[12:02] {thomcbell} stuff is just wicked today
[12:04] {RonS} speaking of those broads on that Fox witch show look hottt...
[12:06] {RonS} strike up the band...
[12:07] {RonS} sorry, can't help myself...was missing you earlier...
01[12:13] {&Threei}  national debt has crossed 17 T
01[12:14] {&Threei}  that's why ese ran away... he must have been watching the debt clock, and didn't want to answer "what's next"
[12:14] {dino} i suppose its bush's fault
01[12:15] {&Threei}  no doubt
[12:18] {+cc_9} implying the debt matters
[12:18] {+cc_9} implying anyone is going to collect that debt
[12:18] {nemo} might be getting into fcx re short territory
[12:18] {+cc_9} implying implications
[12:20] {dino} ronzo, thoughts on the coh trade?
[12:20] {RonS} target .45...
[12:21] {dino} hmmm, was thinking more, but its slow
[12:22] {dino} lad drop
[12:22] {RonS} man .40 wall
[12:23] {Les} yo
[12:24] {Les} :( no one loves me
[12:24] {Les} shit uncle buck getting smacked
[12:24] {Les} news?
[12:24] {dino} not really
[12:25] {robbers} Dino got some POT to go with his BREW.
[12:25] {dino} just say no
[12:25] {robbers} Just say later.
[12:25] {Les} for CHF/USD this is upper limits of very large range. If the SNB gonna step in gonna be here
[12:25] {thomcbell} hal lvs
[12:25] {dino} alcohol is enough for me
01[12:26] {&Threei}  hey Les
[12:26] {Les} we bored huh?
01[12:26] {&Threei}  we not
01[12:27] {&Threei}  we 5:5
01[12:27] {&Threei}  we happy
[12:27] {Les} protecting the $$ equally good
[12:28] {Les} GNTX awesome gap up sell off
[12:30] {Will49} ok...can somebody send a message with word "setup" in it please?
[12:30] {Les} crap GNTX just lost its low
[12:30] {robbers} Setup
[12:30] {Will49} tks robbers
[12:30] {Will49} looks like this will work
[12:31] {Will49} don't have to drag my stuff over to the computer lab every morning from now on
[12:39] {Will49} were there any alerts after FCX about 8:40?
01[12:41] {&Threei}  [11:55] {&Threei} Long Setup: FB .30 break hl
01[12:41] {&Threei}  [11:55] {&Threei} If holds .20
01[12:41] {&Threei}  hit 1:1 before crapping out
[12:42] {Will49} tks Vad
[12:43] {Les} IWM sorta head and shoulders spy testing 175
[12:43] {Les} anything weak on your radar vad?
[12:43] {thomcbell} DANG 10.41 long break if holding 10.34
[12:43] {thomcbell} im doing HL
01[12:45] {&Threei} Short Setup: FCX  .30 break
01[12:45] {&Threei}  If holds  .40
[12:56] {RonS} wow nus range...
[13:00] {Les} NUS interesting here
[13:00] {Les} not for me though
[13:05] {Alexs} fcx looks long now
01[13:05] {&Threei}  if SPY continues yes... I'll refrain personally
[13:05] {Les} yeh went and bought sso as a hedge .62 long
[13:06] {dino} armh hl l .99
[13:08] {robbers} So Vad, FCX follows the spy...true for all metals and metal miners or not?
[13:08] {Alexs} fcx depends more on SPY or GLD?
[13:09] {Les} little more off sso 1:2
01[13:11] {&Threei}  difficult to say today alex, they seem to move together more or less
01[13:11] {&Threei}  robbers, it changes... today they move together. Often they move in opposite directions
01[13:11] {&Threei}  depends on the underlying reason
01[13:12] {&Threei}  when it's USD weakness that drives everything, they tend to move together
[13:12] {robbers} Yeah, it would seem something like GLD would usually move opposite.  But I do understand the exceptions.
01[13:12] {&Threei}  when it's some kind of disaster, SPY tends to drop while PMs tend to move up
[13:13] {robbers} Thanks for the education, really interesting.
[13:14] {robbers} So, a disaster like Congress being in session, LOL.
01[13:15] {&Threei}  well
01[13:15] {&Threei}  kind of
[13:16] {Les} market already factored these idiots in lol
01[13:16] {&Threei}  which reminds me a joke one gal offered when we spoke about Congress
01[13:17] {&Threei}  and someone said "idiots, etc"
01[13:17] {&Threei}  She said, you guys know the major complaint women have about man's vital organ?
01[13:17] {&Threei}  There is a man attached to the other end of it.
01[13:18] {&Threei}  Similarly, complaints about Congress should be viewed through the same prism - it's YOU good folks who elect them
01[13:18] {&Threei}  You are attached to the other end of it.
01[13:18] {&Threei}  No go FCX, first stop
[13:20] {robbers} I don't vote for US politicians.  It's always a choice between dumb and dumber.
[13:21] {thomcbell} wow lvs
[13:22] {RonS} somg nus
[13:22] {RonS} wanted 101.50...
[13:23] {RonS} those bozos sold 445 mil of that crap in China last qtr up from 171...
[13:28] {RonS} curious volume dump on armh with no block trades...
[13:29] {nemo} index short setups here
[13:29] {+cc_9} yawwwwwwwwwwwwwwwwwwwwwwn
[13:34] {Les} still got a piece long in sso
[13:37] {Les} GLD pennant at .50 suppoprt
[13:37] {+cc_9} AAPL doing its thing with new product launch
[13:42] {dino} wsh spikeout armh .23, +.24
[13:43] {RonS} gj
[13:44] {Les} banksters might try .25 break here JBEW
[13:44] {Les} JBE
[13:44] {Les} they're holding back my last piece of sso
01[13:45] {&Threei} Short Setup: FCX  .44
01[13:45] {&Threei}  If holds  .50
[13:46] {+cc_9} don't you guys realize the entire economy right now rides on the new iPad ?
01[13:46] {&Threei}  and next streaming flick on NFLX
[13:47] {Les} a virtualised streaming house of cards :)
[13:50] {+cc_9} come on SIRI, go just $0.01 so I can pay for commission
[13:50] {+cc_9} been sitting on this to make $0.02 for hours
[13:52] {Les} sso giddy up
[13:54] {Les} out .98
[13:55] {Les} close enough to 1:4
[13:55] {Les} one good trade for the day
[13:55] {Will49} nice les
01[13:55] {&Threei}  wtg
[13:56] {Will49} you'll be able to quit the day job at this rate
[13:56] {Les} nah want the both
[13:56] {Les} this room for the nutters
[13:56] {Les} my job for the girls
[13:56] {nemo} glass house
[13:57] {Les} at least until this house of cards collapses
[13:57] {nemo} Hey Les they have the 5.7 FN over there?
[13:57] {Les} the belgian job?
[13:58] {nemo} yep, interesting round
[13:58] {+cc_9} come on SIRI give me .14 lol
[13:58] {Les} lemme have a look google
[13:58] {Les} shit they look like supersonic rounds
[13:58] {+cc_9} new iPad you guys, it would be a blasphemy to miss : http://www.bloomberg.com/tv/
[13:59] {Les} all I ever used in my life was belgian
[13:59] {Les} FN FAL in my youth
[13:59] {nemo} 3200 feet per second
[13:59] {Les} recoil?
[14:00] {Les} forgot the Steyr is Austrian
[14:00] {nemo} yeah, impressive, shot one yesterday
[14:00] {Les} Europeans masters of death weaponry
[14:00] {nemo} Steyr makes a nice pistol too
[14:00] {Les} what happened to you lot in the US of A...
[14:00] {nemo} regarding?
[14:00] {Les} did use the M60 briefly
[14:00] {Les} weapons of war
[14:00] {Les} 60 was a piece of shit
[14:00] {robbers} Fracking great call on FCX, half out.
[14:01] {nemo} wow, bid just dropped out of fcx
[14:01] {+cc_9} CVS pop
01[14:01] {&Threei}  :)
[14:03] {Les} so pissed for second guessing FCX 2nd time round
[14:03] {Les} good call
[14:03] {+cc_9} CVS keep an eye for a fade back to 62
[14:03] {nemo} cat might finally be a short
[14:04] {Will49} oh no....
[14:04] {Will49} please don't Vad....pretty please
[14:05] {+cc_9} CVS fade so far so good
01[14:05] {&Threei}  lol
01[14:05] {&Threei}  .90 was a giood entry point on CAT
[14:05] {Will49} was
01[14:05] {&Threei}  here, I am not too keen on that
[14:05] {Les} hehe
[14:05] {+cc_9} CVS faded down to 62
[14:07] {+cc_9} THEY CALLED IT THE iPAD AIR
[14:07] {+cc_9} OMG, BUY YOU FOOLS
[14:07] {Will49} for air heads
[14:08] {nemo} Hurry up Les
[14:08] {+cc_9} CVS trade fwiw }}} http://img405.imageshack.us/img405/6752/9it9.jpg
[14:08] {+cc_9} .44, can't complain
[14:10] {Les} someone say something?
[14:11] {+cc_9} talk about covering CVS early
[14:13] {Les} crap CVS WHY DIDN'T U SAY SOMETHING CC!!!
[14:14] {Les} u probably did... too tired and tanked now
[14:14] {RonS} he did...you were involved with your sso boner...
[14:14] {Les} and a damned good fondue that I was missing out on...
[14:14] {Les} seriously cheese everywhere in the house a cause of me
[14:15] {Will49} les...Canada just signed a trade agreement with UE and cheese is a big part of it
[14:15] {Will49} our cheese market is regulated and we pay thru the nose
[14:16] {Will49} may be lower prices ahead
[14:16] {Will49} cheese is good for you...no shit
[14:16] {RonS} ...smuggle it in from Wisconsin?
[14:16] {Les} dunno, can americans make good cheese?
[14:16] {Will49} cheese whiz
[14:17] {dino} mdvn getting luv
[14:17] {+cc_9} Good lord did I leave a mortgage on CVS short
[14:17] {robbers} Sure, a lot of us Americans are cheesy.
[14:17] {RonS} Costco in Bellingham?  got all the EU foo foo stuff...
[14:17] {Les} hehe this I know robbers
01[14:18] {&Threei}  will, don't tell ese harper did something good for Canada
[14:18] {Will49} Costco Bellingham....my wife's favourite store
[14:18] {Will49} yea Vad, i'm going to vote for him twice next time
[14:20] {+cc_9} Les, maybe ask Vad if he wants to grace me with red font :D
[14:20] {+cc_9} so you can see the CVS
[14:21] {Les} dunno there are some good callers here
[14:22] {Les} but if I go and alarm all of ya's I'll never find the time to take a wizz
[14:23] {Les} either way, seeing market reality lot better now
[14:23] {Les} good calls like that I will follow thru on when I am not drunk or away or working or asleep
[14:25] {Les} outta here a+
[14:25] {RonS} bnny shot
[14:26] {RonS} ...ran into nemo's dad...
[14:27] {nemo} ?
01[14:27] {&Threei}  lol
[14:28] {RonS} bnny...annies uses a rabbity for a logo...
[14:28] {RonS} rabbit
[14:29] {RonS} 80 p/e food co...what could go wrong...bnny
01[14:44] {&Threei}  lol, https://www.youtube.com/watch?v=2Qtx_ZcHOjw#t=144
01[14:52] {&Threei} Long Setup:  CAT  .90 break hl
01[14:52] {&Threei}  If holds  .80
01[14:52] {&Threei}  aggressive for 89 break
01[14:54] {&Threei}  sorry will
[14:54] {Will49} just make sure i win:)
01[14:59] {&Threei}  half out
[15:00] {+cc_9} Bloomberg just said that Apple created the tablet.
[15:00] {+cc_9} FSLR / SCTY catching some bids fwiw
01[15:00] {&Threei}  there you go will... making good with CAT
[15:01] {Will49} :)
[15:10] {robbers} Thanks for a really good day, Vad.  Heading out to buy groceries now that I have money, he he.  Cya.
01[15:11] {&Threei}  lol, good thing we saved you from starvation!
[15:11] {nemo} spy probably goes for the stops above the highs
[15:12] {Alexs} Still need some money to buy Victoria Vad
[15:12] {Will49} Vad buys from Victoria's Secret
[15:13] {nemo} holy shit look at AA...when a piece of shit like that is flying
[15:14] {nemo} irrational exuberance
01[15:14] {&Threei}  alex, to buy it you need to make a promise to never ever try to build a bridge to mailand... and desirably close the island to new arrivals
[15:15] {Will49} i'll second that emotion
[15:15] {Alexs} I will destroy all transportation
[15:15] {Will49} stop the Amirkans from buying up the place
[15:16] {+cc_9} Last trade for the day, and I'm all done
[15:16] {+cc_9} SCTY trade }}} http://img542.imageshack.us/img542/9898/87ke.jpg
[15:16] {nemo} how poetic cc
[15:16] {+cc_9} good day overall, thanks to the Credit Suisse economist
[15:16] {+cc_9} as we know, without him, we would be dead meat
01[15:17] {&Threei}  really
01[15:17] {&Threei}  what an unexpected favor
[15:17] {Will49} three cheers for CS
[15:17] {+cc_9} :D:D:D
[15:19] {+cc_9} RSH ss into the close is tempting
[15:19] {+cc_9} ugh
[15:19] {Alexs} I think tomorrow they will appoint him a new CEO of CS
[15:20] {Alexs} or he just buy it
01[15:23] {&Threei} Short Setup: GLD  .45 break
01[15:23] {&Threei}  If holds  .72
01[15:23] {&Threei}  If holds  .52
[15:30] {+cc_9} 15:19 cc_9 RSH ss into the close is tempting
[15:31] {+cc_9} +$0.10 might not seem like much, but on 20k shares its pretty cute
[15:34] {+cc_9} ok folks, decent day
[15:35] {+cc_9} catch you all demain
[15:35] {+cc_9} enjoy!
[15:35] {Will49} peace
01[15:35] {&Threei}  stop to .51
01[15:45] {&Threei}  by the book, to .46 now
[15:46] {Alexs} by the book to .15 better
01[15:47] {&Threei}  stop??
01[15:47] {&Threei}  lol'
[15:48] {Alexs} call it a stop :)
[15:49] {dino} calling it a very good day, thx all
01[15:49] {&Threei}  dino :)
01[15:55] {&Threei}  ok guys
01[15:55] {&Threei}  thank you all
01[15:55] {&Threei}  have a great evening, see you tomorrow
[15:55] {Will49} fun day Vad...tks a heap :)
01[15:55] {&Threei}  :)