Friday, November 1, 2013

Nov 01 2013

Catch of the day: Picture perfect pullback entry on IWM, on top of a very good day finishing a very good week. Plenty of other good plays for 1:2, 1:3 and what have you. GM short even hit 1:4 for us. Total windshield day.

Session Time: Fri Nov 01 00:00:00 2013
01[09:13] {&Threei}  question of the day: as a drug wears off, do I dare to reread what I said over the course of last two days or let it remain unknown?
[09:14] {nemo} take more drugs
01[09:14] {&Threei}  that's typical hangover solution
01[09:14] {&Threei}  which of coirse is always an option, lol
[09:15] {nemo} yeah, but you tend not to have the hangover
[09:15] {dino} gm
[09:15] {nemo} coming off one, I am initimately familiar
01[09:15] {&Threei}  dino :)
[09:15] {RonS} gm
01[09:16] {&Threei}  ron :)
[09:18] {RonS} a report that 90% of Ocare enrolees have been Medicare...offcials "astounded"...
01[09:19] {&Threei}  explain for a canuck the meaning and implication ron, pls?
[09:19] {+cc_9} Good morning gentlemen.
01[09:19] {&Threei}  cc9 :)
[09:19] {RonS} sick people signing up, healthy are not...
01[09:20] {&Threei}  heh
[09:22] {dino} going to dramatically increase premium rates
01[09:23] {&Threei}  yup
[09:23] {+cc_9} ABX crushed pre-market
[09:23] {ese} morning.............well basically through an october and no disasters
01[09:23] {&Threei}  whole thing is a disaster of epic proportions, in many more ways than the state of health care
01[09:23] {&Threei}  ese :)
[09:24] {ese} meant markt crashes
[09:24] {RonS} abx $3 bil secondary at $18...
[09:24] {dino} elli blood
[09:25] {RonS} looking to buy acad on any pullback...parkinsons drug gets to skip an approval stage and go to market...
01[09:27] {&Threei}  has room to go to recent highs at 30...
[09:27] {Alexs} gm
01[09:28] {&Threei}  alex :)
[09:28] {nemo} fslr
[09:31] {+cc_9} ABX pop
[09:33] {nemo} wow talk about divergence between iwm and spy
01[09:34] {&Threei} Long Setup:  GDX  .55 break
01[09:34] {&Threei}  If holds  .50
01[09:35] {&Threei}  1:1
[09:35] {+cc_9} nice call
06[09:35] * &Threei takes a bow
[09:35] {+cc_9} i picked up some ABX here
[09:35] {+cc_9} would like to see 18.60
[09:38] {dino} syna sm l .62
01[09:39] {&Threei} Short Setup: GLD  .70 break
01[09:39] {&Threei}  If holds  .80
[09:39] {+cc_9} FB squeezing
[09:40] {RonS} grpn
01[09:41] {&Threei}  Invalidated
[09:42] {dino} out syna .94, +.42
[09:42] {dino} opps +.32
01[09:43] {&Threei}  wtg anyway
[09:43] {+cc_9} NQ, painful to watch this reversal and not be in it
[09:47] {+cc_9} ABX .30s again
[09:47] {+cc_9} IWM weak today vs SPY
[09:47] {nemo} [09:34] {nemo} wow talk about divergence between iwm and spy
01[09:47] {&Threei} Long Setup:  GDX  .50 break
[09:47] {+cc_9} yup
01[09:47] {&Threei}  If holds  .45
[09:48] {nemo} fslr getting ready to retrace me thinks
[09:48] {Alexs} dktk setup Vad?
[09:49] {+cc_9} looking back, SPWR did indeed close positive yesterday
01[09:49] {&Threei}  kind of
01[09:49] {&Threei}  more on SLW than on GDX, with idea of GDX following it
[09:49] {+cc_9} GDX trying here
[09:50] {+cc_9} NEM & ABX need to catch a bid to wake GDX up a little
[09:52] {+cc_9} looks like ABX wants to repeat its sideways action all of yesterday...lame
[09:53] {+cc_9} AUY new lows, not helping GDX
[09:53] {+cc_9} GG same
01[09:57] {&Threei}  meh
01[09:57] {&Threei}  oh boy...
[09:57] {+cc_9} Miners not looking to be the play this morning, all @ lows
01[09:58] {&Threei}  yeah, this sector is in more troubles than goldbugs would have you believe
01[09:58] {&Threei} Long Setup:  CAT  .40 break hl
01[09:58] {&Threei}  If holds  .30
[09:59] {nemo} .48 offer
[09:59] {+cc_9} meanwhile Bitcoin is flying
[10:00] {nemo} staclomg /48
[10:00] {+cc_9} GDX sinking now
01[10:00] {&Threei}  (US) OCT ISM MANUFACTURING: 56.4 V 55.0E
01[10:01] {&Threei}  OK, this is so wrong...
01[10:01] {&Threei}  sub indices are bad
01[10:01] {&Threei}  yesterday's PMI was great, and sub indices were incredibly good
01[10:01] {&Threei}  better than ahnything we've seen in a year or two, by mile
[10:01] {nemo} algo filling out on the short side so far
01[10:02] {&Threei}  I call bs
01[10:02] {&Threei}  1:1
01[10:02] {&Threei}  someone is fudging the numbers on yesterday's report
01[10:02] {&Threei}  1:2
[10:02] {+cc_9} SPY some bids on post reaction
01[10:02] {&Threei}  will will be crying seeing this CAT trade
[10:03] {+cc_9} IWM tumble
01[10:03] {&Threei}  ese, you better greet him with beer
01[10:04] {&Threei}  (US) Fed's Bullard: Would like to exit the 'unchartered territory' of monetary policy if possible - Q&A- Believes nearly all the decline in US labor force participation since 2000 can be accounted for by demographic trends. - Very aware of risk the Fed may be fueling asset bubbles in certain areas. Risk of asset price bubbles is a huge issue for the FOMC.
[10:05] {+cc_9} getting long IWM here
[10:06] {+cc_9} instant gratification
01[10:06] {&Threei}  our favorite kind
[10:06] {+cc_9} wait till SPY hits new highs
[10:06] {+cc_9} should give a nice lift-off IWM
01[10:06] {&Threei}  out of all gratifications I experienced, instant one is the most gratifying...
[10:07] {+cc_9} here we go!!!!!!!
01[10:07] {&Threei}  1:3 CAT
01[10:07] {&Threei}  my a$$ is out
[10:07] {+cc_9} IWM killing it
[10:07] {robbers} Nice call.
[10:07] {+cc_9} BOOOOOOOOOOOOOM
[10:07] {goinshort} nice V !!
01[10:08] {&Threei}  :)
[10:08] {+cc_9} holy F****G SHIT
[10:08] {+cc_9} all out IWM
01[10:08] {&Threei}  that was something
[10:08] {Alexs} GM .70 short?
01[10:09] {&Threei}  nah
01[10:09] {&Threei}  good numbers
01[10:09] {&Threei}  momentum is upward for now
[10:09] {+cc_9} How I traded IWM : Entry + Exit }}}
01[10:09] {&Threei}  let it exhaust itself before looking for short
01[10:10] {&Threei}  all car manufacturers report nice October
[10:10] {ese} L prbr .09
01[10:10] {&Threei}  meanwhile look how close you can see salmon during its run in Victoria:
01[10:10] {&Threei}
[10:11] {RonS} prbr?
[10:11] {ese} out prbr .34 +.25.....nope do not like the way that one trades
[10:11] {ese} sorry prlb
01[10:13] {&Threei} Long Setup:  IWM  .20 break
01[10:13] {&Threei}  If holds  .15
01[10:13] {&Threei}  meh
[10:14] {dino} that was good to me yesterday ese
[10:14] {+cc_9} IWM tank mode 2.0
[10:16] {+cc_9} IWM sinking new lows
[10:16] {+cc_9} Grabbing TNA 66.20
[10:16] {ese} vad was he picture of that garage with the leaves on it and the starway next to it in uplands just down from my house
[10:17] {+cc_9} wowza SPY
01[10:17] {&Threei}  no, it's on the other side of cattle point
[10:18] {+cc_9} added here
01[10:18] {&Threei}  no fresh news
[10:19] {+cc_9} Should get another sharp snap back
[10:19] {ese} you know how to trade those with those kinda spreads dino......hard for me to judge them.  Got fillled at .09 saw it pop up to .28 then while i was typing and looked back it was .88 then in the next split second at .34 and i went nope!!!....enough of that
[10:19] {+cc_9} 175.62 15min support
[10:20] {ese} yes thats where i mean vad close to the Royal Victoria Yacht club
[10:20] {nemo} big selling on algo
[10:20] {nemo} no buying
[10:20] {+cc_9} First bounce here to $176
[10:20] {nemo} maybe even vwap
[10:22] {+cc_9} IWM some bids
01[10:23] {&Threei} Short Setup: GM  38 break
[10:23] {nemo} algo:
01[10:23] {&Threei}  If holds  .10
[10:24] {ese} check my last post question when you get a chance vad
[10:24] {+cc_9} SPY here comes the bounce
01[10:24] {&Threei}  I don't know where yacht club is
01[10:24] {&Threei}  for a very respectable reason :)
[10:25] {+cc_9} SPY stuck under $176
[10:25] {ese} would have taken that picture from a small open area...small park across the street from that house
[10:25] {+cc_9} needs through 176.07 for reversal
[10:26] {+cc_9} IWM has much more ground to cover (109.10)
01[10:26] {&Threei}  1:1
[10:27] {+cc_9} SPY silly price action here...
[10:27] {nemo} it probably wants to get back to vwap
[10:27] {ese} They are friends of mine......he owns a Chemical company that exports product all over the planet......and my pro band has done 3 shows for party at the Laurel point and 2 in his living room
[10:27] {+cc_9} Alright $176  on deck
[10:28] {nemo} got to pivot
[10:28] {+cc_9} IWM moving ahead 108.9 on deck
[10:29] {+cc_9} too tight of a band here nemo
[10:30] {+cc_9} need VIX under 13.50
[10:31] {ese} cc....i almost went after the russell at the pivot .69
01[10:31] {&Threei}  1:2
[10:31] {ese} correction first support
[10:31] {+cc_9} SPY another test $176, IWM lag
[10:31] {+cc_9} VIX downtick, needs $0.05 lower
[10:32] {+cc_9} 108.9 B/O on IWM.  $176.10 on SPY
[10:34] {+cc_9} What a jam on SPY 1min 175.9 - 176
[10:35] {+cc_9} the stop buys over !76 should give traction
[10:37] {+cc_9} IWM dirt nap
[10:39] {nemo} PushmePullyou market
[10:39] {+cc_9} yup...
[10:40] {ese} L aig .51
[10:40] {+cc_9} IWM eager to hit few lows, SPY still positive
[10:40] {+cc_9} SPY back to $176.00, IWM lost $0.11 in value lol
[10:41] {+cc_9} VIX downtick, IWM downtick, SPY unchanged
[10:41] {+cc_9} Halloween I thought was yesterday
[10:41] {Thomcbell} LVS. - 70.21 long break
[10:43] {+cc_9} SPY near $176.10. IWM in the toilet still
[10:43] {nemo} nah, just praying to the porcelain god
[10:43] {+cc_9} VIX downtick 13.51, IWM being a stubborn child
[10:43] {Thomcbell} LVS almost 1:2
[10:44] {ese} out aig .59 +.08
[10:45] {Thomcbell} 1:2
[10:46] {+cc_9} Although I am light long on this pullback, I have this gut feeling of "market setting up for a friday crash"
[10:46] {+cc_9} SPY action very strange
[10:47] {nemo} can't get above vwap, usually setting up for down day, finnies are the fly in the ointment
01[10:47] {&Threei} Short Setup: ABX  .10 break
[10:47] {+cc_9} they are doing fine for now nemo, JPM, BAC etc..
01[10:47] {&Threei}  If holds  .15
[10:47] {nemo} yes, they need to come in
[10:48] {+cc_9} I just want to dump IWM @ 109 and call it a week.
[10:49] {+cc_9} DIA bids
[10:49] {+cc_9} uptick 5 cents, come down 4, uptick 6, come down 5...blah
[10:50] {ese} Laig .41
[10:50] {+cc_9} get through 176.10 and should be fine., somehow that pps is impossible to attain, even @ $0.02 off the offer
[10:51] {Thomcbell} Flat LVS
[10:52] {ese} daaaa out aig .34 -.07
[10:53] {nemo} spy at vwap
[10:53] {+cc_9} VIX { $13.50
[10:53] {+cc_9} DIA bidding
[10:53] {+cc_9} SPY through 176.10
[10:53] {+cc_9} IWM taking a massive crap
[10:54] {+cc_9} what a lagging dog its being today this IWM
[10:54] {nemo} 176.30 next spot
[10:54] {+cc_9} (good thing is that when market slowdown, it will hold its own)
01[10:54] {&Threei}  1:1 is close enough
01[10:54] {&Threei}  half out
[10:55] {nemo} hfc looks short here
[10:55] {+cc_9} SPY going, DIA going, VIX dropping. IWM ? piece of crap...
[10:56] {goinshort} abx trading more than spy
[10:57] {ese} L aig .47
01[10:57] {&Threei}  GM 1:3
01[10:58] {&Threei}  1:4, out
[10:58] {+cc_9} IWM no participation on the bounce, will def participate on the fade
[10:59] {ese} am good for the day if this thing takes of towards 49
[11:00] {ese} daaaaaaaaaa
[11:00] {+cc_9} SPY 1 downtick, IWM near LOD...god damn it
01[11:00] {&Threei}  alex... that's how you hunt for the top... letting it get tired and sink under its own weight :)
[11:01] {ese} nice one vad gm
[11:01] {Alexs} nice call Vad
01[11:02] {&Threei}  ty
[11:05] {+cc_9} IWM fresh lows by the minute
[11:06] {+cc_9} SPY @ b/e pps
[11:09] {+cc_9} DIA trying to DB
[11:10] {+cc_9} need one of those intraday dumpers for a trade, out IWM for loss
[11:11] {+cc_9} -$0.83 :(
[11:11] {ese} whats up with the mrkt
[11:12] {RonS} thinking its statement made by Bullard today...
[11:12] {+cc_9} you mean, what's down with the mrkt
[11:13] {+cc_9} VIX session highs, my mistake was trading IWM as opposed to SPY directly.
[11:13] {+cc_9} DIA @ negative
[11:13] {ese} l aig avg .489
[11:14] {+cc_9} back in TNA 64.85
01[11:14] {&Threei}  I doubt he has any weigth Ron...
01[11:14] {&Threei}  he is one of few hawks over there
01[11:14] {&Threei}  and show is run by doves
01[11:14] {&Threei}  he and Fisher dissent constantly
01[11:14] {&Threei}  and it never changed anything
[11:15] {+cc_9} stop loss TNA 64.71
01[11:15] {&Threei}  we had Ben the Dove, aka Ben'dOver for years,
[11:15] {+cc_9} if no dice, will wait till late afternoon :(
01[11:15] {&Threei}  now we get Yellen the Doviette
01[11:16] {&Threei}  and she is is twice as dovish as ben ever was
[11:16] {dino} have to leave for hour or so, dl all
[11:16] {dino} gl
01[11:16] {&Threei}  I mean a woman honestly believes that society will work if you double and triple the wages
01[11:16] {&Threei}  we will be here dino
[11:17] {+cc_9} out TNA stop....sitting tight till faster direction picks up
[11:17] {+cc_9} once again, the SL should also mark the LOD
[11:17] {nemo} gonna get 108 test
[11:18] {+cc_9} I think my stop loss is the LOD
[11:18] {nemo} 175.20-.32 is confluence area on spy
[11:18] {+cc_9} Its one of those days where I have to go buy a new office
[11:18] {nemo} finnies at low test
[11:18] {+cc_9} see...look @ it go once .71 stop taken
[11:18] {nemo} trading on the iphone?
[11:19] {+cc_9} No, using a friend as power of attorney. Trading from corrections facility phone due to aggression
[11:19] {+cc_9} 11:15 cc_9 stop loss TNA 64.71
[11:19] {+cc_9} LOD 65.71
[11:19] {nemo} how do you do that with a straight jacket on?
[11:19] {+cc_9} quick, someone grab a shotgun, shorten the barrel and fire away towards me
01[11:20] {&Threei}  voice recognition
[11:20] {nemo} Wouldn't it be best to shoot you in the ass?
[11:20] {nemo} That way, we get your brain...
[11:20] {+cc_9} that's implying its useful
[11:20] {nemo} yeah, bad assumption...sorry
[11:21] {+cc_9} welp, going back in TNA here 65.07, stop @ 64.70
[11:21] {+cc_9} Vad, please make this the top news for the day : 11:15 cc_9 stop loss TNA 64.71
[11:22] {+cc_9} make sure you take a screen shot of the LOD on TNA as well
[11:22] {+cc_9} well, i guess im making some back
[11:22] {+cc_9} TNA stop raised to break even 65.07
[11:32] {+cc_9} SPY repeating same price action earlier when stuck under $176
01[11:32] {&Threei}  you want to make me work too hard...
[11:36] {RonS} bozos:  Two days after health exchange went live, just 248 people nationwide successfully enrolled: docs |
01[11:37] {&Threei}  resounding success
[11:38] {nemo} this is gonna' be a clusterfuck of galactic proportions
[11:38] {+cc_9} DIA back to lows
01[11:38] {&Threei}  this is just the beginning
[11:38] {+cc_9} What a cluster fuck as is
[11:38] {nemo} healthcare industry reorganization
[11:39] {+cc_9} SPY wild green candle appears
[11:39] {nemo} I said way back, the re-engineering phase was a total failure, and that was an attempt to shape individual companies
01[11:40] {&Threei}  "we will give you new insurance, better than your previous crappy one (even though it's more expensive), and you have no choice"
01[11:40] {&Threei}  just think of it in terms of buying a car
01[11:40] {&Threei}  you want a nimble corolla
01[11:40] {&Threei}  govt says nah, you get a cadillac
01[11:40] {&Threei}  it's a better car, even though a bit more expensive
01[11:41] {&Threei}  you say but I don't want a cadillac
[11:41] {RonS} ...the point is that it is a Yugo at a cadillac price because you are paying for the expensively sick...
01[11:41] {&Threei}  govt says, tough nuggets, you have to buy it so we could give corollas to those who can't afford them
01[11:42] {&Threei}  then you get your cadillac, start it, and engine falls out
01[11:42] {&Threei}  oops, ron, already covered it
01[11:42] {&Threei}  so, you have cadillac that runs worse than that corolla
01[11:43] {&Threei}  and pay for corollas for other people, who btw find their corollas running niot much better than your cadillac
01[11:43] {&Threei}  sooner or later you all are riding bicycles
[11:44] {+cc_9} SPY  175.70 is the new 176. Wall + B/O
01[11:45] {&Threei}  look under the hood of this beauty:
01[11:45] {&Threei}  General Motors Corp Exec: US Govt shutdown was concerning and caused slight impact in October but are quickly overcome within a month- Inventories on Volt are running low, are adding production for the vehicle
01[11:45] {&Threei}  great, eh?
01[11:45] {&Threei}  until you realize that GM loses money on each and every Volt it sells,
01[11:45] {&Threei}  gets huge subsidy for them,
01[11:46] {&Threei}  and concern they mentioned was the concern that govt wouldn't be able to subsidize them
01[11:46] {&Threei}  because of a shutdown.
01[11:46] {&Threei}  So, as soon as shutdown was over, they started adding production back up.
[11:47] {ese} sheesh........just go to the washroom and ya get cut off....tough rules around here
01[11:47] {&Threei}  yeah, sanitary before all
[11:47] {+cc_9} IWM @ lows
[11:48] {RonS} meantime...rgr 5 day high...
[11:48] {nemo} 107.96-108 is confluence on SPY
[11:49] {nemo} I like their revolvers, not a fan of their other stuff
[11:49] {ese} L aig .18 avg .35
[11:49] {RonS} nq 'balled
[11:50] {+cc_9} Lots of suckers got back in NQ today
[11:50] {+cc_9} very late to the party
[11:56] {ese} am outta here.....make a great weekend swing trading aig big time .....but will be out by the end of the day or sonner
[11:56] {ese} cya
[11:57] {+cc_9} directionless market
01[11:57] {&Threei}  take care ese
[12:02] {Alexs} CAT ready for breakdown?
01[12:03] {&Threei}  looks this way... not sure about SPY help
[12:04] {nemo} this strong support for iwm and spy, if it breaks it, should take everything down with it
01[12:13] {&Threei}  CST worked
01[12:13] {&Threei}  CAT
01[12:13] {&Threei}  not very active but very nice day so far
[12:15] {robbers} Yeah, thanks Vad, am heading out, good trading and good weekend to you guys.
[12:15] {Alexs} still keep  half ABX Vad?
01[12:16] {&Threei}  take care robbers
01[12:16] {&Threei}  yes alex
01[12:16] {&Threei}  .11 stop
01[12:18] {&Threei}  you took CAT or skipped it?
[12:24] {+cc_9} well, there goes some bounce
[12:30] {_barbo} U R wrong, paid subscriber
[12:31] {nemo} ?
[12:31] {nemo} Vad doesn't pay me
[12:32] {_barbo} RE: ChanServ
01[12:32] {&Threei}  that's the priocess of registration, barbo :)
01[12:32] {&Threei}  you'll have an e-mail in a few min
[12:33] {_barbo} ok
01[12:36] {&Threei} Long Setup:  CAT  83 break hl
01[12:37] {&Threei}  If holds  .90
01[12:39] {&Threei}  there you go, registration went through... welcome to full membership
[12:39] {nemo} NOW DROP AND DO 50!
01[12:39] {&Threei}  (US) A terminal at Los Angeles Airport (LAX) has been evacuated as a result of reports of a shooting
[12:39] {nemo} shooter down
01[12:46] {&Threei}  1:1
[12:52] {dino} .
01[12:52] {&Threei}  good point
[12:53] {dino} lol
[12:55] {goinshort} somebody kick that CAT !!!
01[12:56] {&Threei}  {PETA} WHAT?????
[12:58] {goinshort} lol
[12:58] {Les} evening
[12:58] {Les} you guys change winter time this sunday?
01[12:59] {&Threei}  yeah
[12:59] {Les} cool
[12:59] {Les} GLD just DBI'd
[13:01] {Les} FDX dbi potential if it can consolidate here
[13:04] {Les} how was the day?
[13:04] {barbo} 49 -------50
[13:04] {Les} oh
01[13:08] {&Threei}  pretty nice
01[13:08] {&Threei}  I didn't run the score though... counted on Alex
01[13:09] {&Threei}  remember 1 1:4er
01[13:09] {&Threei}  GM short
[13:10] {Alexs} 5:7 Vad
01[13:11] {&Threei}  cool, ty :)
01[13:11] {&Threei}  every time I err, he smacks me with large abacus... so I know he watches me :)
[13:14] {Les} MON JBE potential
[13:19] {Les} MPEL DBI potential
[13:20] {Les} FB DBI potential
[13:21] {Les} 2 way?
01[13:23] {&Threei}  can't tell
01[13:23] {&Threei}  too slow
01[13:23] {&Threei}  can easily do a headfake and snap either way
01[13:29] {&Threei} Long Setup:  IWM  .30 break
01[13:32] {&Threei}  change to .20 break
01[13:32] {&Threei}  If holds  .15
01[13:35] {&Threei}  1:1
01[13:38] {&Threei}  1:2
[13:38] {+cc_9} major market bounce now
01[13:38] {&Threei}  this one was for you Les... you were feeling particularly eager :)
01[13:38] {&Threei}  1:3, out
[13:39] {goinshort} Nice V !!!
01[13:39] {&Threei}  :)
01[13:40] {&Threei}  perfect pullback entry
01[13:48] {&Threei}  niraj, you are skipping the most profitable days or parts of it with mastery worth of a better application :)
[13:49] {+cc_9} IWM now is going to play major catchup
01[13:56] {&Threei}  NQ Mobile Inc. Muddy Waters issued additional cautious commentary, says Chinese media articles refute purported partnerships
[13:57] {+cc_9}
[13:57] {+cc_9} IWM getting some bids again
[13:58] {+cc_9} no wall till 108.75 ($66 TNA)
[13:59] {nemo} vwap
[13:59] {nemo} but spy and finnies are above vwap, if they hold above, iwm won't have any resistance
01[14:09] {&Threei}  be back in 20 min
[14:14] {+cc_9} NQ someone is flushing the toilet
[14:15] {RonS} muddy came w/ another piece saying Chinese media saying their partnerships are bogus...
[14:20] {+cc_9} yes, i posted the link above.
[14:21] {RonS} ah so, knew i saw it
[14:22] {+cc_9} how do i use the trout Vad
[14:22] {+cc_9} trout
[14:22] {+cc_9} {send trout} ron {/send trout}
[14:22] {+cc_9} success!
[14:23] {RonS} watch out...3i is the color police...
[14:24] {dino} ipgp sm l .00
06[14:32] * &Threei slaps cc_9 around a bit with a demand to stay with B&W, lest trade alerts get lost in cc_9s rainbow
[14:36] {RonS} so...lest...a word that fits les to a t...
01[14:38] {&Threei}  wow
01[14:38] {&Threei}  that's deep
[14:39] {RonS} meatime...miss will...need an audience...
[14:39] {RonS} meantime
01[14:40] {&Threei}  well... he travels through your large country
[14:40] {dino} da da da uhuh uhuh
[14:40] {RonS} not flying?
[14:41] {RonS} tough drive, although scenic...
[14:41] {RonS} soda pasted...
01[14:41] {&Threei}  not sure
01[14:42] {&Threei}  friends of mine who bought a winter house in Scottsdale usually drive
[14:42] {RonS} wow
01[14:43] {&Threei}  but they are not in a hurry... make it a mini-vacation in itself
01[14:44] {&Threei} Short Setup: FB  .90 break
01[14:49] {&Threei}  If holds  50
01[14:50] {&Threei}  so, Les comes in, asks about couple trades... I serve him easy 1:3er, and he leaves with not as much as "bye." It hurts...
01[14:50] {&Threei}  really really hurts
[14:50] {nemo} Yeah, but Les leaving is like getting that rotted tooth pulled
[14:50] {nemo} You're better for it
01[14:51] {&Threei}  I appreciate the consolation
[14:51] {nemo} His kids are probably giving him remedial lessons in how to tie his shoes
[14:52] {RonS} oh
[14:52] {nemo} he thinks the bidet is a water fountain
[14:52] {nemo} drinking water that is
01[14:53] {&Threei}  FB 1:1
[14:53] {nemo}
01[14:53] {&Threei}  except one day when pain set in and drugs haven't kicked in yet, this week is pure zen
01[14:54] {&Threei}  trades work like charm
[14:58] {+cc_9} IWM drop again
[14:58] {nemo} bei interesting if they try to hold in the vwap area, no sense scaring the sheep until you can give them a proper buggering for several days in a row
[14:59] {+cc_9} SPY holding vwap, IWM downtick
[15:02] {Alexs} FB looks short again?
[15:03] {nemo} lotta' support between here and .60
01[15:03] {&Threei}  not sure
01[15:08] {&Threei}  alex...
01[15:08] {&Threei}  can I change my answer to yes?
[15:08] {Alexs} ?
[15:09] {Alexs} lol
01[15:09] {&Threei}  :)
[15:10] {+cc_9} Will SPY pull through here and get $176+
[15:10] {+cc_9} looks like yes
[15:10] {nemo} yes
[15:11] {Alexs} so short again?
[15:11] {Alexs} :)
01[15:12] {&Threei}  no
[15:12] {Alexs} ok
01[15:12] {&Threei}  I'd rather start looking for long entry
01[15:13] {&Threei}  this tail at 15.10 is very likely to mark the bottom
01[15:13] {&Threei}  15:10
01[15:14] {&Threei} Long Setup:  FB  .85 break
01[15:15] {&Threei}  If holds  .75
01[15:16] {&Threei}  if you like, aggressive .80 break is possible
01[15:16] {&Threei}  less chance of working
01[15:16] {&Threei}  tighter stop
[15:16] {Alexs} double bottom?
01[15:17] {&Threei}  yuo
01[15:17] {&Threei}  o=p
[15:17] {nemo} pu
[15:18] {Alexs} A is A
[15:20] {Alexs} did you get agressive?
01[15:20] {&Threei}  yes
01[15:20] {&Threei}  1 cent to 1:1, lol
[15:26] {Alexs} do you see it short now?
[15:27] {nemo} iths having trouble with the support levels below
01[15:27] {&Threei}  no
[15:27] {nemo} plus the indexes are still showing strength
[15:27] {Alexs} ok
[15:27] {nemo} or lack of weakness
[15:29] {+cc_9} they cant tank the market just yet, they need suckers for end of year
[15:29] {+cc_9} close neeeds to be sharp climb
[15:29] {nemo} [15:00] {nemo} bei interesting if they try to hold in the vwap area, no sense scaring the sheep until you can give them a proper buggering for several days in a row
[15:29] {+cc_9} at least 176.50
[15:30] {+cc_9} that's correct nemo
01[15:31] {&Threei}  1:1
01[15:31] {&Threei}  1:1 for regular entry
[15:32] {Alexs} nice Vad
01[15:32] {&Threei}  :)
[15:32] {+cc_9} good call
[15:32] {+cc_9} going long IWM here for EOD
06[15:32] * &Threei takes a bow
[15:32] {+cc_9} moonshot
01[15:32] {&Threei}  1:2
[15:32] {+cc_9} ill be happy with 108.60
[15:33] {+cc_9} Fb that was probably the best entry all day
[15:33] {nemo} you should get it unless spy and finnies go balls up
[15:33] {+cc_9} I just need SPY through 176.20
[15:33] {+cc_9} then should get next level retard mode
[15:36] {+cc_9} the SPY long setup just looks...too easy, which is why its spooking me a bit
[15:36] {+cc_9} never an easy setup last 20mins on a Friday...
[15:37] {+cc_9} lol @ licks 176.20 and reject
[15:39] {nemo} looks like spy and finnies gonna pull back a bit here, probably to vwap
[15:39] {+cc_9} IWM catching bids through
[15:40] {+cc_9} thats going to help
[15:40] {+cc_9} get through .20 with the force and fury of 1,000 suns
[15:40] {nemo} sheesh...ease of the 5 hour energy will ya'!
[15:42] {+cc_9} .20 on the offer
[15:43] {+cc_9} giddy up donkey
[15:43] {nemo} peyote or cilocybin?
[15:44] {+cc_9} 15:33 cc_9 going long IWM here for EOD
[15:44] {+cc_9} so far so good :D
[15:44] {+cc_9} 15:33 cc_9 ill be happy with 108.60
[15:44] {+cc_9} got it and then some
[15:44] {+cc_9} Have a great weekend all!
[15:45] {Alexs} wtg cc
01[15:55] {&Threei}  OK guys, thank you all
01[15:55] {&Threei}  have a great weekend
01[15:55] {&Threei}  see you Monday
[15:55] {Alexs} gn all