Tuesday, November 5, 2013

Nov .05 2013

About flat to slightly positive day, with some interesting trades on a risky side of the market discussed in the room, along the lines of risk tolerance, control, management etc. Read through the discussion of OXBT trades, some bits might be of interest education wise.

Session Time: Tue Nov 05 00:00:00 2013
[09:14] {dino} gm
01[09:15] {&Threei}  dino :)
[09:16] {RonS} hello...wishing cipher was here...regn...
01[09:16] {&Threei}  ron :)
01[09:16] {&Threei}  GLD gears for .80 breakdown
[09:17] {RonS} endp...12% float short...lit up
01[09:18] {&Threei}  REGN Files mixed securities shelf of indeterminate amount - filing
[09:19] {Will49} gm
[09:19] {+cc_9} Good morning.
01[09:19] {&Threei}  will cc9 :)
01[09:19] {&Threei}  will, welcome back
[09:19] {Will49} tks
01[09:19] {&Threei}  trip was OK?
[09:19] {Will49} yes...uneventful but long
01[09:20] {&Threei}  car?
[09:20] {Les} u survived trip across Obamaland Will?
[09:20] {Will49} yes
[09:20] {Will49} boy....people are upset
01[09:20] {&Threei}  about health care?
[09:20] {Will49} ys
01[09:20] {&Threei}  tell them to talk to ese
[09:21] {Will49} haha
01[09:21] {&Threei}  he will explain life to them
01[09:21] {&Threei}  :)
[09:21] {Will49} i was actually referring people to you
[09:21] {Will49} din't you get a call from John Macain?
01[09:22] {&Threei}  ummm... no
01[09:22] {&Threei}  why, is he running for prez again?
[09:22] {Will49} hope not
01[09:22] {&Threei}  lol
[09:27] {Alexs} gm
01[09:27] {&Threei}  alex :)
01[09:30] {&Threei}  GLD got away
[09:30] {+cc_9} GTAT puply
01[09:31] {&Threei} Long Setup:  GDX  .55 break
01[09:31] {&Threei}  If holds  .50
[09:32] {+cc_9} YHOO, what's with the nasty spread
[09:34] {+cc_9} long YHOO on this drop 32.75
[09:34] {RonS} dtv
01[09:34] {&Threei}  1:1
[09:36] {+cc_9} KORS killing it
[09:36] {+cc_9} FB session highs
[09:37] {+cc_9} FB about to get positive here
[09:38] {+cc_9} YHOO trading very weak
01[09:38] {&Threei}  (US) CFTC launches revised proposals for position limits in commodity markets to curb speculative activities - financial press- The revision will allow exemptions for positions held by firms in which banks own stakes of up to 50% (v 10% in earlier proposal that courts struck down) - The CFTC rules will limit a trader's maximum size in derivatives to 25% of the estimated deliverable supply of the underlying commodity, for a range of agricultural, energy and metal contracts.
01[09:40] {&Threei} Short Setup: FB  .35 break hl
01[09:40] {&Threei}  If holds  .45
01[09:40] {&Threei}  1:1 if you got it
[09:41] {+cc_9} +$0.45 on FB long
[09:41] {+cc_9} out YHOO +$0.12
[09:42] {+cc_9} Piper stops coverage of NQ, stock tanks
[09:45] {+cc_9} NQ very attractive, but HELL no.
[09:46] {+cc_9} YHOO trade }}} http://img703.imageshack.us/img703/5856/z268.jpg
[09:49] {+cc_9} FB still going strong
01[09:49] {&Threei}  looks double toppy here
01[09:50] {&Threei} Short Setup: FB  .70 break hl
01[09:50] {&Threei}  If holds  .80
01[09:51] {&Threei}  meh
[09:51] {drewj} no more fb please
[09:52] {drewj} :(
01[09:52] {&Threei}  ??
01[09:52] {&Threei}  that was half lot play
[09:52] {+cc_9} YHOO nice base @ .80
[09:52] {drewj} fb is my nemesis
[09:53] {+cc_9} YHOO is my new darling :D
[09:53] {drewj} i noticed
[09:54] {+cc_9} I left $0.60 on FB :(:(
[09:55] {drewj} sorry to hear
[09:55] {Les} no we're not someone smack cc
[09:56] {+cc_9} NQ the fun continues
[09:57] {Les} gld inverted c&h
[09:57] {+cc_9} ISM #s due shortly
01[09:57] {&Threei} Short Setup: GDX  .45 break
[09:58] {+cc_9} BTFD ?
[09:59] {+cc_9} TSLA here for a pop
[10:00] {Les} gld sharp drop
01[10:00] {&Threei}  *(US) OCT ISM NON-MANUFACTURING COMPOSITE: 55.4 V 54.0E
01[10:01] {&Threei}  If holds  .55
[10:01] {+cc_9} long TNA here 66.30
[10:01] {nemo} nope
01[10:01] {&Threei}  *(US) NOV IBD/TIPP ECONOMIC OPTIMISM: 41.4 V 42E
[10:01] {+cc_9} Good #s, market sinks
[10:02] {Les} GLD don't look
[10:03] {+cc_9} TNA looking for 66.75
[10:04] {+cc_9} come on BTFD
[10:04] {+cc_9} out TNA +$0.51
[10:04] {+cc_9} BOOOOOOOOOOOOYAH
01[10:04] {&Threei}  let's trail to .51, takes too long
[10:05] {+cc_9} TNA OH NO
[10:05] {+cc_9} +$1.00
[10:05] {Alexs} nice call cc
[10:06] {drewj} yup
[10:06] {Les} gld second hit
[10:06] {Les} frik me 1:6+
[10:06] {Les} who are these inconsiderate idiots holding onto the miners?
[10:07] {+cc_9} the miners themselves
[10:07] {+cc_9} its all leverage debt
[10:07] {Les} last one standing?
[10:07] {RonS} gimo gyno'd
[10:08] {+cc_9} Wait until we start mining asteroids
[10:08] {+cc_9} ABX will be a pink sheet stock
[10:08] {dino} \ppo sm l .01
[10:08] {+cc_9} YHOO if anyone kept an eye, another nice bounce off early .70s
[10:09] {+cc_9} YHOO could go really nice if can break .95
[10:09] {+cc_9} YHOO breaking out
[10:10] {Les} HD interesting here
[10:10] {Les} might be for you cc
[10:11] {+cc_9} looks good Les
[10:12] {+cc_9} OXBT, pulp
[10:13] {Les} small FB long .00
[10:13] {dino} thc calls added
[10:14] {Les} FB topppy here
[10:14] {Les} going short now
[10:14] {Les} 1:1 on way pu
[10:15] {Les} shit sold for 1:1 on way down
[10:15] {Les} cover error
01[10:16] {&Threei} Short Setup: C  .30 break
01[10:16] {&Threei}  If holds  .35
[10:19] {+cc_9} YHOO { 32.70
[10:20] {Les} FB 1:3 without me
[10:20] {+cc_9} long YHOO 32.68 because why not
[10:20] {Les} binkey
[10:20] {+cc_9} OXBT is shortable fwiw
[10:21] {+cc_9} YHOO hit new LOD, still in.
[10:25] {+cc_9} SPY runing, looking for a bid in on YHOO
01[10:28] {&Threei}  lose .25 and die, C
[10:29] {+cc_9} YHOO lets get some .70s in
[10:29] {Les} 200 dma is .10 on C or thereabouts
[10:29] {Les} finnies getting tired
[10:31] {Les} JPM letting go
01[10:32] {&Threei}  C bouncing for some reason though
[10:32] {nemo} wow, look at ddd
[10:32] {+cc_9} whoa
[10:32] {nemo} that's what you call a viagra daily
[10:33] {nemo} finnies are short
01[10:34] {&Threei} Long Setup:  IWM  .55 break
01[10:34] {&Threei}  If holds  .45
[10:34] {+cc_9} YHOO setting up offers .77/.78/.79
01[10:37] {&Threei}  C stop to .31
01[10:37] {&Threei}  no risk
01[10:38] {&Threei}  IWM stop to .49
[10:38] {+cc_9} out YHOO batch .77 & .78
[10:39] {+cc_9} love this stock!
[10:39] {nemo} kors new alltime highs
[10:39] {Les} using tna 1:1 on .40 break half out
01[10:40] {&Threei}  11
[10:40] {Les} 1:2 tna me out
01[10:40] {&Threei}  1:2 close enough
01[10:40] {&Threei}  \1/4 more
[10:40] {Les} nice pop
[10:43] {+cc_9} KORS lovely since the open, still going strong
[10:43] {+cc_9} (i hold this in my long term)
[10:44] {Les} FB
[10:50] {+cc_9} YHOO pop :D
[10:50] {+cc_9} well, overall market pop ;)
[10:52] {nemo} ddd pulling back
[10:53] {dino} trla gap fill
[10:55] {nemo} HOT interesting on daily
[10:55] {+cc_9} YHOO cash cow
[10:56] {+cc_9} nothing has changed folks...market down today before ISM = BTFD
[10:56] {nemo} yeah, we haven't even gotten to the irrational exuberance stage of the market yet
[10:57] {dino} agreed
[10:59] {+cc_9} DDD this could be nice for a flip
[10:59] {nemo} 68.40 area
[10:59] {nemo} 69 might be a bounce too
[11:01] {dino} out ppo .30, +.30
[11:01] {RonS} gj
[11:02] {dino} ty, things a dog
[11:02] {nemo} it's a "Les", you mean
[11:02] {nemo} vwap just below 68 on ddd
[11:03] {+cc_9} FB flying
[11:03] {RonS} ^}...hand sign for gj
[11:03] {Will49} what's hand sign for a bj?
[11:04] {RonS} rotflol
[11:04] {nemo} that's tongue in cheek...no pun intended
[11:04] {Will49} lol
01[11:04] {&Threei}  see Rom... we missed Will for a reason yesterday {G}
[11:04] {nemo} left that one over the plate
[11:05] {+cc_9} anyone got in DDD ?
[11:05] {Les} what buy the dip?
[11:05] {dino} lol
[11:05] {nemo} you for sale, Les?
[11:06] {Les} your ass maybe
[11:06] {nemo} we can depend on your crudity of response
[11:06] {Les} ;)
[11:07] {dino} adding trla dec calls
01[11:07] {&Threei} Short Setup: CAT  .45 break
01[11:07] {&Threei}  If holds  .55
[11:08] {Alexs} maybe .50-.60?
[11:09] {+cc_9} DDD another lil flush
[11:10] {Les} s iwm .48 holding .60
01[11:11] {&Threei}  Alex, aggressive entry is a matter of preference
[11:12] {Alexs} ok
[11:13] {Les} 1:1 iwm
01[11:15] {&Threei}  noce setup les
[11:16] {Les} ty sir not sure it's got much in it
[11:16] {Les} iwm vwap bounce likely here
[11:16] {nemo} oh God, your gonna' give him a swelled glial cell
[11:17] {Les} can't leave you out in the cold can we nemo?
[11:17] {nemo} ?
[11:17] {Les} Isn't he a nice guy everyone. Love ya Nemo
[11:18] {+cc_9} NQ crashing
[11:18] {Les} nice short setup here
[11:18] {Les} nq
[11:19] {+cc_9} no available shares to short on NQ
[11:19] {+cc_9} for obvious reasons
[11:19] {+cc_9} also, lol : http://stocktwits.com/Betatrada
[11:19] {Les} aah
[11:19] {+cc_9} Khan is the name of NQ CEO, this guy is screaming his name as the stock is tanking
[11:20] {Les} but wait
[11:20] {nemo} Oh, so CC has seen a Star Trek movie or two
[11:20] {Les} he says teh pushed all weak hands off a cliff now its up
[11:20] {Les} they not teh
[11:22] {Les} iwm straight back to bottom db or down?
[11:22] {+cc_9} NQ tanking even more
[11:22] {+cc_9} boy this is going to be fun
[11:23] {drewj} nq DB?
01[11:23] {&Threei}  gosh
01[11:24] {&Threei}  if FB is too much for you, stay the hell away from NQ
[11:24] {Les} hehehe
01[11:24] {&Threei}  this is a widowmaker
[11:24] {Les} aaagh been there done that too many frikin times
[11:24] {drewj} I have bad luck with fb
[11:24] {Les} indexes looking long
01[11:25] {&Threei}  no such thing
01[11:25] {&Threei}  it moves in the way yuou have hard time handling
[11:25] {Les} iwm stopped for scalp db'd shy of 1:2
01[11:25] {&Threei}  NQ is doubly so
01[11:25] {&Threei}  or triply
[11:27] {drewj} actually vad i feel a lot more comfortable with reversals
[11:28] {+cc_9} those are my fav plays drew!
[11:28] {drewj} you guys have helped a lot with that because i've seen you do a lot of them
[11:28] {drewj} they also show up on the scanners clearly
[11:29] {+cc_9} yes, easy to find
[11:29] {drewj} it's a lot harder for me to see the continuation plays
01[11:29] {&Threei}  well, NQ is about to kill bottom gishers
01[11:29] {&Threei}  but in case with FB and NQ it's not about the type of setup
[11:29] {Les} drew I used to say the same thing
[11:29] {drewj} yeh?
[11:30] {drewj} yeah?
[11:30] {Les} back this time and clarity with Vad's outlook is much better
[11:30] {drewj} good
[11:30] {Les} can see we floundering around these index peaks with indecision
[11:31] {+cc_9} stocks with beta too high that it might warrant a halt are just not worth it.
[11:31] {Les} so reversals working very well
[11:31] {+cc_9} (coming from someone who sat through the NQ halt)
[11:31] {Les} while vad waits new trend
[11:31] {Les} I can play accordingly now. takes time
[11:31] {RonS} LF
[11:33] {Les} tna might be ready here
[11:33] {drewj} good to hear les
[11:33] {Les} gotta survive my first year, then will pat myself on back
[11:33] {Les} or
[11:34] {Les} I come over to Mexico and Nemo pats me on back
[11:34] {drewj} it's the volume on the contiuation plays that are hard for me
01[11:35] {&Threei}  volume on the contiuation plays?
01[11:36] {&Threei}  not sure I understand
[11:36] {drewj} yes...reversals have more obvious characteristics...
[11:36] {Les} http://tinyurl.com/nenr3qg
[11:36] {Les} I see Obama bout to change tack on selling debt
[11:37] {Les} begin shifting to long end of the curve next year
[11:37] {RonS} Lestradamus...
[11:38] {drewj} funny
[11:38] {+cc_9} NQ pulling the rug
[11:39] {+cc_9} its time for salvation
01[11:40] {&Threei}  see NQ drew?
[11:40] {drewj} yes
01[11:40] {&Threei}  you casn safely bet that a few more dozen lose their trading accounts today
[11:41] {drewj} you were right
[11:41] {Les} ? treasury change of tack... et puis alors?
01[11:41] {&Threei}  and the number of traders this thing put out of business over last weeks is probably in hundreds
[11:41] {drewj} sure
01[11:41] {&Threei}  cc_9 probably has better grip on magnitude of these numbers
[11:41] {drewj} but i understood what what happening there...
01[11:42] {&Threei}  whatcha think, cc?
[11:42] {+cc_9} hi
[11:42] {+cc_9} let me read up
[11:42] {+cc_9} Vad is correct in that assessment.
06[11:42] * &Threei takes a bow
[11:43] {+cc_9} Last month EQ per account took a hit on NQ
[11:43] {+cc_9} same today with people chasing it pre-market and being commited till now
[11:43] {+cc_9} the argument is "its a cheap stock, let me work my way out"
[11:43] {+cc_9} but the P&L is showing a couple thousands in loss. Its sickening.
01[11:43] {&Threei}  hey... I have an article about that!!
[11:43] {drewj} I'm not disputing you vad...I'm just saying that capitulation and euphoria are clear to me.
01[11:44] {&Threei}  imagine that... who would have thought
[11:44] {RonS} sm L cimt .48
01[11:44] {&Threei}  http://blog.realitytrader.com/2009/06/averaging-down-yea-or-nay.html
[11:44] {+cc_9} there are situations where you can avg down, but most of the time its not a good idea.
[11:45] {RonS} sm l LF .73
[11:45] {+cc_9} What I do is not so much the idiotic avg down on hope, I scale in small batches at a time to secure a solid position @ a good cost
[11:45] {drewj} i've learned that cc
[11:45] {+cc_9} then do the same when unloading
01[11:45] {&Threei}  read that cc9, see if you agree
01[11:48] {&Threei}  https://www.youtube.com/watch?v=bvoIAR4xwEA
[11:48] {Les} nice JBE setup IWM but lunchtime
[11:48] {+cc_9} you make good points of course Vad.
[11:48] {Les} you pull out the shotgun vad?
01[11:49] {&Threei}  nemo you need to move here
[11:49] {Les} gotta see that someday
[11:49] {Les} they just wandering the streets?
01[11:49] {&Threei}  yup
[11:49] {Les} cool
01[11:49] {&Threei}  municipalities want to do something though
01[11:49] {&Threei}  they attract cougars...
01[11:50] {&Threei}  and become a threat to traffic
[11:51] {RonS} out cimt .68 +.20
01[11:51] {&Threei}  wtg
[11:51] {ese} morning Everyone just popped in to say hello
01[11:51] {&Threei}  hey ese
[11:51] {RonS} hi ese
[11:51] {ese} hey vad
[11:51] {ese} ron
[11:53] {Les} hey ese
[11:53] {Les} http://www.youtube.com/watch?v=R-1K2mT5NCM
[11:53] {ese} Was out doing clinics for some band directors this morning they are very interested in the program that I do at Vic High and so they wanted to know how I do it.
[11:53] {ese} hey les
01[11:53] {&Threei}  how about this one, Les: https://www.facebook.com/photo.php?fbid=542750365803923&set=a.343873319024963.77642.343794965699465&type=1&theater
[11:53] {Les} lol
[11:54] {+cc_9} DDD anyone took it for that ride ?
[11:54] {ese} You saving that for me les
[11:54] {Les} eh, bored ese. nothing happening
[11:55] {Les} cheer you up with some union music
[11:55] {ese} Not bored I was teaching middle school band this morning and showing doing a clinic for all the band directors here in Victoria
[11:55] {ese} lol
[11:55] {ese} That's a good when Union music
[11:56] {ese} one
[11:56] {Les} :P how goes yer kids?
[11:56] {Les} music program
[11:57] {ese} I get to europe reasonably often there les you need to think about this because the next time I'm there I'm going to flatten the tires on your car
01[11:57] {&Threei} Long Setup:  GM  .20 break
[11:57] {RonS} get a room or go on Dr Phil together?
[11:57] {Les} hehehe when you coming to Montreux jazz?
01[11:57] {&Threei}  If holds  .15
[11:57] {ese} boy I would sure love to get back there again have been twice
[11:58] {Les} will welcome you to next one with mace and a baton charge :)
[11:59] {ese} vad an awesome picture of those bears in that skidoo
[11:59] {ese} lol
01[11:59] {&Threei}  grizzly found their way to the island
[12:00] {Les} yeh right
01[12:00] {&Threei}  this is first time I think they are recorded here
[12:00] {Les} can see you sneaking em in the trunk on the ferry vad
01[12:00] {&Threei}  only black bears were seen before
[12:00] {Les} for a photo op
[12:00] {ese} Really
[12:00] {RonS} bet peta did it...
[12:00] {ese} There is a fact I didn't know
01[12:01] {&Threei}  this is real photo les
[12:01] {Les} yeh I know
[12:01] {Les} said it likely you snuck them on to island
01[12:01] {&Threei}  here is another: https://www.facebook.com/photo.php?fbid=542838225795137&set=p.542838225795137&type=1&theater
[12:05] {Les} who said "buy the dip" this morning?
[12:06] {RonS} dino signed it, cc typed it...
[12:06] {+cc_9} do you even need to ask
01[12:07] {&Threei}  lol
01[12:07] {&Threei} Long Setup:  IWM  .65 break
01[12:07] {&Threei}  If holds  .60
01[12:08] {&Threei}  aggressive for .70
[12:08] {+cc_9} Let me show you something about BTFD : my first mrkt fill on TNA }}} http://img707.imageshack.us/img707/5623/p2y3.jpg
[12:08] {+cc_9} i bot on ISM release, sold on ISM reaction
[12:09] {+cc_9} either or : btfd
[12:09] {Les} nice
[12:10] {Les} YHOO looks like its ready to drop
[12:10] {+cc_9} its been holding that .80 for past hour
[12:10] {+cc_9} i need it to drop to { 32.70
[12:11] {+cc_9} im really starting to like YHOO, thanks to who ever brot it up yesterday. I always dismissed this stock, but the liquidity and spreads are pretty good
[12:13] {+cc_9} account created 11/05 (also known as today) : http://stocktwits.com/StockZen
[12:13] {+cc_9} lol ^ 9,000
[12:14] {+cc_9} "hey guys relax"
[12:14] {+cc_9} "its legit"
[12:14] {+cc_9} I can't take this lol
[12:15] {nemo} that's not you is it CC?
[12:16] {+cc_9} top post = top lol http://stocktwits.com/kietloc
01[12:18] {&Threei}  Toronto mayor just admitted he smocked crack cocain
01[12:18] {&Threei}  ok IWM... let's do it
[12:18] {goinshort} "paid chinese pumper"  LOL
01[12:18] {&Threei}  hehe
01[12:19] {&Threei}  I am scared to think how many ways you can spin it
01[12:19] {&Threei}  1:1
01[12:20] {&Threei}  drew... this was continuation play :)
[12:20] {Les} ski riding bears and cocaine smoking mayors love Canada
[12:20] {drewj} thanks vad...i wasn't sure
01[12:21] {&Threei}  lol les
01[12:21] {&Threei}  1:2
01[12:23] {&Threei}  out in full
01[12:23] {&Threei}  +.25
[12:23] {+cc_9} ENDP crazy intraday chart
[12:24] {+cc_9} not for the faint of heart
[12:24] {RonS} out LF .86 +.13
[12:25] {RonS} oof too soon
[12:25] {+cc_9} HTZ bouncing
[12:26] {+cc_9} too late for me to get in...buy was under $20.50 :(
[12:26] {Les} ty vad
01[12:26] {&Threei}  yw
[12:27] {+cc_9} another chinese pump account : http://stocktwits.com/KsN
[12:27] {Les} IWM dt play here vad?
[12:28] {Les}  .85?
[12:28] {RonS} that kid looks like a preemie...
01[12:28] {&Threei}  if holds .90
[12:29] {Alexs} is it official setup?
[12:29] {+cc_9} lol Ron
[12:29] {+cc_9} each day I see new NQ stocktwits account pop out
[12:30] {+cc_9} damage control
[12:30] {Les} pop out?
[12:30] {nemo} no double top spy yet les
01[12:30] {&Threei}  just answering the question
[12:30] {Alexs} lol
[12:30] {Les} yeh seen Nemo
[12:33] {+cc_9} OXBT keeps on going
01[12:34] {&Threei}  IWM works
[12:34] {Les} yeh indexes running smack into overhead resistance worth a a try
01[12:35] {&Threei}  doing well, eh Les?
[12:35] {Les} cover half
[12:35] {Les} yeh fixed income helps to focus on process, not end of month pay packet
[12:36] {+cc_9} Shorting OXBT here small position 7.70
[12:36] {Les} covered half .76 given quarter theory support
[12:36] {+cc_9} only looking for { $7.50
01[12:36] {&Threei}  just stay focused... no searchign videos for cc-( while in trade {G}
[12:36] {Les} hehehe you know when I need to take my meds
[12:36] {Les} when I start wandering off....
[12:37] {+cc_9} ohhhh boy, OXBT looks like she wants $8.00
[12:37] {+cc_9} going to stay short light on extended-rally profit taking
[12:37] {nemo} I heard hemlock tea will relax you Les
[12:38] {Les} really?
[12:38] {nemo} oh definitely
[12:38] {Les} read my Plato dumbass
[12:38] {nemo} I tried
[12:38] {+cc_9} OXBT } $8.00
01[12:38] {&Threei}  hehe
[12:39] {Les} or should say Aristotle was the writer
[12:39] {+cc_9} no profit taking on near $1.00 pop in past 10 minutes
[12:39] {nemo} yeah, it was about whom?
[12:40] {Les} Plato's Republic I think is where trial and death is commented can't remember
[12:40] {nemo} Socrates
[12:40] {nemo} you were probably more familiar with the philosophy of Crete
01[12:40] {&Threei}  who was it, Bernard Shaw? exchange with lady who said "if I were your wife, I'd give you a poison too"
01[12:40] {&Threei}  to which he answered "if you were my wife, I'd take it"
[12:40] {+cc_9} OXBT even with wide spread, offers keeping getting hit
[12:41] {+cc_9} damn, need some sellers @ bid
[12:42] {+cc_9} OXBT die under $7.90 already!
[12:43] {Les} 2nd half stop iwm
[12:43] {+cc_9} offer cant break $7.90 sob...
[12:43] {+cc_9} need ask under 7.90 for a flush
[12:45] {+cc_9} OXBT you dog, go down!
[12:45] {+cc_9} doube top weakness, come in sellers
[12:45] {+cc_9} flush this pos under $7.90 petty please
[12:46] {+cc_9} 7.90 major bids
[12:46] {+cc_9} needs to lose that
[12:46] {+cc_9} taking .87s
[12:47] {+cc_9} come on...more down
[12:48] {+cc_9} sitting on 8.01 cost, staying with it
[12:56] {Alexs} getting new mayor in nyc today, promissed to narrow the gap between the rich and the poor :)
01[12:59] {&Threei}  nothing new here... remember promise of 1917? "No more rich!"
[13:00] {Alexs} yes but they don't know it here, how it works
01[13:00] {&Threei}  to which a daughter of one of the revolutionarties of 19 century said "weird, my dad was fighithing undder the banner "No more poor!"
[13:01] {+cc_9} OXBT punishing
01[13:01] {&Threei}  if I got to run USA for 5 min, I'd sign one decree only
01[13:01] {&Threei}  every resident of USA must study USSR history
01[13:02] {&Threei}  and hold exam before going to voting booth
[13:02] {Alexs} new mayor has just one recipe: raise taxes on the wealthy
01[13:02] {&Threei}  of course
01[13:02] {&Threei}  country sleepwalking toward the abyss
01[13:03] {&Threei}  incredible to watch
[13:03] {Alexs} 40000 people in NYC pay 50% taxes
01[13:03] {&Threei}  let's milk them for all 100%
[13:03] {Alexs} lol
[13:03] {Alexs} I doubt they will wait
[13:03] {Les} GLD approaching LOD
[13:04] {Les} afternoon lows rather
01[13:04] {&Threei}  not a good time for this kind of setups Les
01[13:04] {&Threei}  rinses more than works
[13:05] {+cc_9} OXBT went full retard mode almost $8.50
[13:07] {+cc_9} im going to stay short OXBT until $7.75
[13:07] {Alexs} Atlas Shrugged is not a fiction any more, documentary
[13:08] {Les} ok
[13:09] {+cc_9} OXBT im feeling the squeeze
01[13:10] {&Threei}  careful Laex... progressive thend to burn those who like that book on a stake
01[13:10] {&Threei}  Alex
[13:10] {Alexs} I didn't say I like it :)
01[13:11] {&Threei}  want to see a progressive getting blue in face? Say "Ayn Rand"
[13:11] {+cc_9} OXBT float = 5M
[13:11] {+cc_9} stock trading 23M shares
[13:11] {Les} you givin in yet cc?
[13:12] {+cc_9} No, slowly scaling
[13:12] {+cc_9} 8.43 cost :(
[13:12] {+cc_9} there has to be some profit taking before EOD, that's the trade im in
[13:12] {+cc_9} but then again, it can just run ape shit and gap to hell the next day
[13:14] {+cc_9} each pullback gets bot, which is very odd on a low float small bio
[13:14] {+cc_9} usually there is a massive profit taking wave
[13:14] {+cc_9} none here yet
[13:16] {+cc_9} my idea is that once selling begins, it will be a domino effect
[13:16] {Alexs} ENDP short .25?
01[13:17] {&Threei}  too jumpy for my taste
[13:18] {+cc_9} OXBT some selling here
01[13:18] {&Threei}  wow... what a piece of incredibly valuable and rare seen info... as dino says, value added:
01[13:18] {&Threei}  (US) Fed's Lacker: Employment market has been weak for some time
01[13:18] {&Threei}  no sh*t Sherlock!
[13:18] {+cc_9} under 8.60 OXBT should start hitting stops and flush
[13:18] {RonS} value added
01[13:19] {&Threei}  precious insight
[13:19] {Les} need a trendline breakdown cc
[13:19] {nemo} spy breakdown setting up
[13:23] {+cc_9} OXBT settting up for its flush here
[13:23] {+cc_9} come on down
[13:24] {+cc_9} ugh ...
[13:24] {+cc_9} i need to make a chinese stocktwits account and bash OXBT
[13:24] {nemo} we'll call you spring waters
[13:25] {+cc_9} look@ the size of the .60 bid
[13:25] {+cc_9} on OXBT
[13:26] {+cc_9} its like a chinese wall
[13:26] {+cc_9} 103x5
[13:27] {+cc_9} the .90s offers are out of this world
[13:27] {+cc_9} volume bar BONANZA
[13:29] {+cc_9} I admit, I cannot read this low float dog
[13:29] {Les} cost me a couple of stops following you, left it right alone
[13:30] {+cc_9} unreal, $3.00 yesterday, $9.00 today, still no profit taking
[13:31] {+cc_9} OXBT was $1.50 last week lol
[13:32] {Alexs} it was $60 in 2012 lol
[13:32] {+cc_9} and $0.20 in April lol
01[13:33] {&Threei}  come on Lea... one look at level 2 is enough to know it's not a stock for you
01[13:33] {&Threei}  Les
[13:33] {+cc_9} Alex, you mean $0.60
[13:33] {Les} first setup was legit
[13:33] {Les} 12:45 and using half shares lower high breakdown
01[13:33] {&Threei}  who cares? it's out of risk tolerance parameters
[13:33] {+cc_9} which stock Les
[13:34] {Les} oxbt
[13:34] {Les} yeh understood vad 8 breakdown was tempting
[13:34] {+cc_9} yes, i went by the 12:30PM pattern
[13:34] {Alexs} no  I see $60 in Feb 2012
[13:34] {+cc_9} new highs = fade
[13:34] {Les} 2nd time just sucker for punishment
[13:34] {+cc_9} 4x
[13:34] {+cc_9} this last run is a testicles kicker
[13:35] {nemo} yelp
01[13:35] {&Threei}  stop playing this kind. Your trading account is not a toy
01[13:35] {&Threei}  don't treat it as an entertainment vehicle
[13:35] {Les} wasn't entertainment
[13:36] {nemo} ahhh....who else
[13:36] {Les} but yes outside my risk parametres as you say
[13:36] {+cc_9} Made on YHOO . FB . TNA , coin made, OXBT is what will eat those profits away
01[13:36] {&Threei}  so why the f**k would you take that trade?
01[13:36] {&Threei}  amateurs chase profits. professionals evaluate risk
01[13:37] {&Threei}  keep risk controlled, profits will take care of themselves
[13:37] {+cc_9} Professionals remortgage their houses and buy all they can of NQ
01[13:37] {&Threei}  true
01[13:37] {&Threei}  lol
[13:37] {Alexs} rofl
[13:37] {Les} yeh first trade since returning unhappy with
[13:38] {+cc_9} Les, are you familiar with Boardwalk Empire ?
[13:38] {Les} nope
[13:38] {+cc_9} if yes, think of me as Rothstein.
01[13:38] {&Threei}  if not, think of me as Rothstein anyway
[13:38] {Alexs} lol
[13:39] {+cc_9} what Vad said
01[13:39] {&Threei}  let me offer this thought
01[13:39] {&Threei}  and it hurt enough to think it, so listen carefully
01[13:39] {&Threei}  in each and every trading gathering, forum or room,
01[13:40] {&Threei}  there are folks that take risks larger than average.
01[13:40] {&Threei}  Some of them have no idea what they are doing and are just gamblers,
01[13:40] {&Threei}  and they blow up invariably.
01[13:40] {&Threei}  Some arrived to that style of trading over a long time and with a lot of experience,
[13:41] {+cc_9} OXBT losing bids
01[13:41] {&Threei}  they know what they are doing, how to keep their risk within their risk tolerance,
[13:41] {+cc_9} Threei Some arrived to that style of trading over a long time and with a lot of experience,
[13:41] {+cc_9} amen.
01[13:41] {&Threei}  and their returns are steady and usually larger than average - which is normal if you think of it in terms of risk/return parameters.
[13:42] {+cc_9} OXBT { 9.25 bids
01[13:42] {&Threei}  No matter whether they belong to fist or second kind,
01[13:42] {&Threei}  they become a subject of admiration and mimicking,
[13:42] {nemo} btw SWN at the 200 day here
01[13:42] {&Threei}  but here is the kicker:
[13:42] {+cc_9} dont mimick anyone, find your own style
01[13:42] {&Threei}  majority of newer traders can't tell first kind from second,
01[13:43] {&Threei}  and don't see how to apply what they are doing to themselves.
[13:43] {Les} well no, I thought of that already
01[13:43] {&Threei}  So they just try to follow them and mimick them,
[13:43] {Les} post trade reflection
[13:43] {+cc_9} Vad, in defense of Les
01[13:43] {&Threei}  and get destroyed.
[13:43] {+cc_9} his loss on OXBT is tiny
[13:43] {Les} knowing cc's targets and wins
[13:43] {Les} I realised he can afford that
[13:43] {Les} I cannot
01[13:43] {&Threei}  I am not attacking him, no need to defend him.
[13:44] {Les} not
[13:44] {Les} defending myself
[13:44] {Les} realised different risk tolerances and parametres
[13:44] {Les} ditto Dino
[13:44] {Alexs} but cc is a secont type isn't he, Vad?
01[13:44] {&Threei}  I am describing the typical situation
[13:44] {Les} ditto Nemo sometimes
01[13:44] {&Threei}  we have a few of such folks in the room,
01[13:44] {&Threei}  dino, ron, cc_9, cipher
01[13:44] {&Threei}  they all are of a second kind,
01[13:45] {&Threei}  what they do is quite amazing
01[13:45] {&Threei}  but try to folow them without their experience, you get chewed up and spat out in a matter of weeks.
[13:46] {Alexs} one day enough I think
01[13:46] {&Threei}  so, I thought I'd better describe this situation and give you my take on it, lest someone gets into that trap of thinking what they do is easy
[13:46] {+cc_9} OXBT 9.20 breakdown, if worth anything, some T/A :)
[13:47] {+cc_9} loss of .20 means no support till .00
[13:47] {+cc_9} which should come rather fast
[13:48] {+cc_9} { $9.10 bid, some sellers at last
[13:48] {drewj} I'm very new here but if there is something that one of those guys do I will do the trade with 1-10 shares...
[13:49] {Les} FB retesting the highs
[13:49] {drewj} that way I get the experience with almost no loss
[13:49] {drewj} I have learned a lot that way
01[13:49] {&Threei}  that'sd a very good eay to test it drew
01[13:49] {&Threei}  great that you have a good sense to keep risk non-existent
01[13:49] {&Threei}  many do not
[13:49] {drewj} it's cheap education
01[13:50] {&Threei}  in fact, it amazes me just how many do not
[13:50] {drewj} I've had day's where i've had as many as 80 trades but only down $20 on the day.
[13:50] {+cc_9} GDX session lows
01[13:50] {&Threei}  it's as though market is an environment in which idiocy is revealed the most clearly
01[13:51] {&Threei}  litmus test of idiocy
[13:51] {drewj} some amazing plays also...like plus $10.00
[13:51] {+cc_9} OXBT this last attempt was pathetic, sellers stepping in
[13:51] {Alexs} with 1-10 shares you can't experience what they do actually
[13:51] {drewj} i disagree
[13:51] {+cc_9} OXBT testing $9.00, here comes the fun
[13:51] {+cc_9} stops about to get eaten, volume surge
[13:51] {+cc_9} look @ bid size 9
[13:51] {+cc_9} 164x4
01[13:52] {&Threei}  you may not experience the fear of monetary loss, alex... the rest is close
[13:52] {drewj} right...the only difference is share size
[13:52] {Alexs} scaling with 1 share?
01[13:52] {&Threei}  no... trailing
01[13:52] {&Threei}  trying to maximize gain
[13:53] {drewj} once my accuracy in terms of win loss ratio is high then i can confidently add shares and become much more profitable
01[13:53] {&Threei}  get +$3.00 instead of +.30
[13:53] {drewj} right
[13:53] {drewj} without losing $3.00
01[13:53] {&Threei}  notice the differences in how dino trades
01[13:53] {&Threei}  smaller lots,
01[13:53] {&Threei}  woder stops,
01[13:53] {&Threei}  larger targets,
01[13:53] {&Threei}  trailing
01[13:54] {&Threei}  Ron, the same if I get it right
01[13:54] {&Threei}  cipher the same
01[13:54] {&Threei}  cc_9... well, cc_9 is insane
[13:54] {Alexs} lol
01[13:54] {&Threei}  :)
01[13:54] {&Threei}  but that's how we came to know and like him
[13:55] {+cc_9} oh yea, so I don't forget
[13:55] {drewj} yes...he likes to average down:)
[13:55] {+cc_9} some brokers actually dont even like odd lots (under 100 shares per execution)
[13:55] {+cc_9} it creates crappy clearing
01[13:55] {&Threei}  but notice, he doesn;t do it as in first part of that article
01[13:55] {&Threei}  his averaging down is thought through and preplanned,
01[13:55] {&Threei}  and there is a disaster stop
[13:56] {+cc_9} drew, I don't average down on every single trade, nor do I do it because "im a believer". Its how I step into the trade. I start light and slowly build my position having a target in mind
[13:56] {drewj} sorry to make your job harder CC:)
[13:56] {+cc_9} no worries drew :)
[13:56] {drewj} I was just playing cc...
01[13:56] {&Threei}  come on drew, learn from nemo
[13:56] {+cc_9} lol
[13:56] {drewj} I've taken 1 share on your trades too cc_9
01[13:57] {&Threei}  "this is how I can make your life harder?? Yesssss!!!"
[13:57] {drewj} 101 shares from now on:)
[13:57] {dino} .
[13:57] {+cc_9} 1 share ?
[13:57] {+cc_9} 1 as in one ?
[13:57] {drewj} yes cc
[13:57] {drewj} 1
[13:57] {Les} is that allowed? 1 share?
[13:57] {drewj} supreme risk management
[13:57] {drewj} I can keep my account forever
[13:57] {nemo} what I do?
[13:58] {drewj} with $10 equity
[13:58] {Les} you exist
01[13:58] {&Threei}  doesn't matter nemo, just keep doing it
[13:58] {nemo} oh
[13:58] {nemo} ok
01[13:58] {&Threei}  lol
[13:59] {nemo} I'm putting another scope on my rifle. I've been hearing all this beeping in the room I come over and see my name, I'm like wtf
[13:59] {dino} cc9, looking over das, think i understand it.
[13:59] {dino} question for group. any das traders here?
[13:59] {nemo} oh shit
[13:59] {drewj} that's what i use
[13:59] {+cc_9} dino, if you need any help with the Das platform let me know...i've come to learn it inside out
[14:00] {dino} will do cc9.
[14:00] {+cc_9} hotkeys / defaut routes/shares / spread trading on ARCAL etc...just ask away
[14:00] {dino} is drew the only user here?
[14:00] {drewj} just make sure you use 401 shares at all times in order to make CC_9's life easier dino.
01[14:00] {&Threei}  will uses it too dino
01[14:00] {&Threei}  and Les
[14:00] {+cc_9} drew, just do 400 instead of 401 :)
[14:00] {+cc_9} multiples of 100
[14:01] {nemo} drew try 4.1416
[14:01] {nemo} 3.1416
[14:01] {drewj} exactly
01[14:01] {&Threei}  lol
[14:01] {nemo} or some product of the fib sequence
[14:01] {drewj} multipled by pi
[14:02] {nemo} actually ever done the 9 multiplication table and then summed the digits of the product...that's trip
[14:02] {Will49} dino...i use DAS
[14:02] {drewj} no but i will enter my orders with the sums to make things easier
[14:02] {Les} FB retreats from HoD very quickly dunno if 2nd short opp coming
[14:03] {dino} i see its faster than edge. but no scanner?
[14:04] {drewj} i wanted to ask about the scanner also
[14:06] {Les} FB .50 short?
[14:06] {Les} if holding .55?
[14:06] {Les} moving fast now
01[14:06] {&Threei}  hard to tell les
01[14:06] {&Threei}  not sure'
01[14:07] {&Threei}  no clear setup
01[14:07] {&Threei}  there is a scanner windo,
01[14:07] {&Threei}  called Top List
[14:07] {+cc_9} OXBT lower highs, break down still $9.00
01[14:08] {&Threei}  not sure exactly what it does, cc_9 is better to ask
01[14:09] {&Threei}  and there is Hi/Low hit list
01[14:11] {&Threei}  Will... there some commotion near Beacon Hill Park... SWAT squad is there, streets are closed
01[14:11] {&Threei}  where did ese say he was going?
[14:12] {+cc_9} top list is for stocks hitting hod/lod ranges
[14:12] {+cc_9} TLA breaking out
[14:12] {+cc_9} TSLA*
01[14:12] {&Threei}  or maybe ducks and peacocks cross the road...
[14:12] {drewj} cc I have tried to buy tsla but it said that i can't
[14:13] {drewj} ducks with guns
[14:13] {+cc_9} We took TSLA from the tradable list
[14:13] {drewj} oh
01[14:13] {&Threei}  drew, https://www.facebook.com/photo.php?fbid=555604334519086&set=a.488848774527976.1073741828.483178015095052&type=1&theater
01[14:14] {&Threei}  so many were at risk of blowing up with it, cc9?
[14:14] {drewj} looks dangerous
[14:14] {drewj} the ducks i mean
[14:14] {+cc_9} There was an error for a couple of accounts that were trading TSLA, they got erroneous fills, we tried to get our clearing firm to adjust, but at no avail. We then made the decision to halt the trading in TSLA, people were bleeding too much on it.
[14:14] {Will49} sorry vad..stepped away
01[14:14] {&Threei}  and caused all that??
01[14:15] {&Threei}  never step away anymore pls
[14:15] {Will49} maby a deer fight :)
[14:15] {Will49} maybe
01[14:15] {&Threei}  Victoria police budget can't handle your escapades
[14:15] {drewj} turf warfare
[14:15] {+cc_9} Vad, no. The traders jumped on TSLA the day after it halted some months ago
[14:15] {+cc_9} they ended up with a fill ~$10.00 from market price
[14:15] {Will49} vad...do you have a police scanner?
01[14:15] {&Threei}  yikes
01[14:15] {&Threei}  no
[14:15] {+cc_9} meanwhile OXBT look @ that drop
[14:16] {Will49} I can see the flagpole at top of park but that's all...so don't know what's happening
[14:16] {+cc_9} HTZ :(
01[14:17] {&Threei}  police standoff with a man in highrise near the scool
[14:17] {Les} sounds like ese
01[14:17] {&Threei}  which believe it or not, is called Soth Park School
01[14:17] {&Threei}  South
[14:17] {Will49} no kidding?
01[14:18] {&Threei}  no
01[14:18] {&Threei}  tourists love to photograph it
[14:18] {Will49} probably a BC civil servant
[14:18] {Les} http://www.southparkstudios.com/full-episodes/s01e01-cartman-gets-an-anal-probe
01[14:18] {&Threei}  https://southpark.sd61.bc.ca/
[14:18] {Will49} protesting oil tankers in the straits
[14:18] {Les} 1st episode, classic in the genre
[14:20] {Will49} Va... the guy probably is armed with a slingshot
[14:20] {Will49} watch the cops tazer him
[14:21] {Will49} Vad
[14:22] {Will49} cops here are pussys
[14:22] {nemo} mnst
[14:22] {Will49} pussies?
[14:22] {RonS} "don"t taze me, eh?"
[14:22] {Les} FB getting jiggy with it
[14:22] {Will49} yeah...they tazered an 80 yr old woman a few weeks back
[14:22] {Les} who said to BTFD
[14:23] {RonS} lol...first orgasm in decades...
[14:23] {Will49} haha
01[14:23] {&Threei}  just try to start your lawmover at 8 am, and watch those pussies tazering you into oblivion as if you tried to launch intercontinental missile
[14:23] {Will49} lol
[14:23] {RonS} rotflol
[14:23] {Les} 8am? that's harsh
[14:24] {+cc_9} OXBT, bids getting tired. all eyes on 9.00 bid size
[14:25] {+cc_9} OXBT HAMMMMERRRRRRRRRRRRRR
[14:25] {+cc_9} OXBT VOLUME BARRRRRRRRRRRRRRRRR
[14:25] {+cc_9} TAAAAAAAAAAAAAAANKIIIINNNNNNNNNNNNNNG
[14:25] {+cc_9} $$$$$$$$$$$$$$$$$$$$$$$
[14:26] {+cc_9} sorry guys, waited all day for this :D
01[14:26] {&Threei}  that's OK, glad you finally can exhale
[14:26] {+cc_9} it was all about that 9.00 bid, look @ the volume size once that shit failed
01[14:26] {&Threei}  that blue shade in your face couldn't be healthy
[14:26] {+cc_9} half a million in 3 seconds
[14:26] {+cc_9} im staying short, more selling pressure imo
[14:26] {Les} ah what's your ave. price now cc?
[14:27] {+cc_9} 8.86
[14:27] {+cc_9} nothing to be proud of
[14:27] {+cc_9} but not underwater anymore
[14:27] {+cc_9} im going to try and cover under 8.40
01[14:27] {&Threei}  total shame in fact
[14:27] {Les} k
[14:28] {+cc_9} watch the bids fall  here
01[14:28] {&Threei}  it goes much lower... keep part
[14:28] {nemo} fb new highs
[14:28] {+cc_9} im covering the same way I shorted, in partials
[14:28] {+cc_9} { $8.30 :D
01[14:28] {&Threei}  :)
[14:28] {+cc_9} TIMBERRRRRRRRRRRRRRRRRRR
[14:29] {+cc_9} all out OXBT
[14:29] {+cc_9} F**K, that was not healthy for the lungs, brb
[14:29] {RonS} gj, had no borrow here...
01[14:29] {&Threei}  what cc_9 does have is a very very healthy borrow list
[14:30] {nemo} his sense of humor ain't bad either
[14:31] {nemo} kinda' makes me look like a choir boy
[14:31] {Will49} thing i like about cc is that he's so humble
[14:31] {Les} yeh well look who led him into the brothel
[14:31] {nemo} that was cc_8
[14:32] {nemo} brothel's are the only place to find honest women
[14:32] {Les} screw honesty
[14:32] {nemo} yep  Les been married long time
01[14:32] {&Threei} Short Setup: FB  .80 break
01[14:33] {&Threei}  hl
01[14:33] {&Threei}  If holds  .87
[14:34] {nemo} is there news on sbux?
[14:34] {nemo} coh
[14:34] {nemo} sorry
[14:34] {+cc_9} Ron, check this out }}} http://img593.imageshack.us/img593/5311/dktj.png
[14:34] {+cc_9} Everyone else on Das, please look @ image above
01[14:34] {&Threei}  nothing fresh
[14:35] {nemo} quite the day it's having
[14:35] {+cc_9} each time you see the S on the Level II, it means the security is shortable
01[14:36] {&Threei}  meh
[14:37] {nemo} magnet to 50
[14:37] {+cc_9} Les, this is what I meant earlier "idea is that there will be profit taking, and I am going to remain short"
[14:37] {+cc_9} OXBT tanking
[14:37] {+cc_9} almost under $8.00 :)
[14:40] {+cc_9} HTZ, the prettiest V bounce today, textbook
[14:42] {Les} https://www.youtube.com/watch?v=KeWqAWAQIMI#t=42
[14:43] {Les} guess skydiving just ain't extreme enough for some now
[14:46] {+cc_9} you want extreme ? OXBT about to break 8.20 lol
01[14:46] {&Threei}  it won't even hold 8, IMO
[14:46] {nemo} fb getting interesting now
[14:46] {+cc_9} I want to hear that attitude when its over $9.00
[14:46] {+cc_9} sometimes, gotta stick with your trade.
[14:47] {+cc_9} OXBT is going to have a nutty EOD imo
[14:47] {+cc_9} some expect a gap up, others are seeing EOD profit taking
[14:48] {+cc_9} { $8.20, bids about to take a doo
[14:48] {Will49} They got the guy.... Around 8:30 a.m. today a woman called police to say her son was threatening to harm her in an apartment building on 150 Gorge Rd. W., near Earl Grey Street.
[14:48] {Will49} The man, who has a history of mental illness, refused to come out for patrol officers, who negotiated with him for hours, said police spokesman Sgt. Steve Eassie.
[14:48] {Will49} Police have been to the second-floor apartment several times before to deal with the man who suffers from mental illness and drug addiction, Eassie said.
[14:48] {Will49} The man could face charges of uttering threats.
[14:49] {Will49} cops must have left the tazer at home this morning
[14:49] {goinshort} how about a CAT reversal?
[14:49] {nemo} fb
01[14:49] {&Threei}  alll the tazers were taken by lawnmover control squad
[14:50] {Will49} haha
[14:50] {Les} wanna see it pop a 2nd time nemo
01[14:50] {&Threei}  looking at it gs
01[14:50] {&Threei}  very tempting
[14:50] {RonS} Denver cops would have shot him dead, planted a knife on him, and the DA would clear them of justified shooting...
01[14:50] {&Threei}  but no clear setup yet
[14:50] {goinshort} stalled there
[14:51] {Will49} yeah Ron, we'll be sending our guys dow there for a seminar on how to do that
[14:51] {Will49} down
01[14:51] {&Threei} Short Setup: CAT  .10 break
01[14:51] {&Threei}  If holds  .15
01[14:52] {&Threei}  double top with minimal risk
[14:52] {+cc_9} give me 3.74 on SIRI and i'll call it a day
[14:53] {+cc_9} SIRI 1min, they dropped the bid to fill the .71s lol...sneaky
[14:53] {+cc_9} triggered 2M shares
[14:55] {Les} short fb .97
[14:55] {Les} holding .10
[14:56] {+cc_9} OXBT about to lose $8.10
01[14:56] {&Threei}  8
01[14:56] {&Threei}  will be lost
[14:56] {+cc_9} OXBT fighting for $8.00 aaaaaaahahaha
[14:56] {Les} fb 1:1 cover half
[14:56] {Les} ty nemo
[14:56] {Les} just needed 2nd top
[14:59] {+cc_9} OXBT true support and also 50% fib is $7.50ish
[15:00] {nemo} this market feels like it's setting up for a gap up tomorrow
01[15:00] {&Threei}  there
[15:01] {+cc_9} OXBT losing $8.00 ehehe
01[15:01] {&Threei}  if that new bid by EDGE is taken out, let the real panic begin
[15:01] {nemo} depends on where you start it, do an overlay from the low 6 days ago
[15:01] {Alexs} you still trade it cc?
[15:01] {nemo} vwap 7.65, that's likely it today
[15:01] {+cc_9} I;m all out @ 8.31 Alex
[15:02] {+cc_9} i covered all on the first big dump under $8.50
[15:02] {+cc_9} 14:29 cc_9 all out OXBT
01[15:05] {&Threei}  meh
[15:06] {Will49} gotta bail and do some errands
[15:06] {Will49} see ya tomorrow
01[15:06] {&Threei}  take care will
[15:06] {Les} cheers
01[15:12] {&Threei} Long Setup:  GLD  .55 break
01[15:12] {&Threei}  If holds  .50
01[15:12] {&Threei}  aggressive for .60
[15:13] {Les} 1:2 FB covered
[15:13] {Les} gotta sleep working thru to 8am again
[15:13] {Les} a+
[15:13] {Les} Ron gets and F-
[15:13] {Alexs} at the end of a day we usually short GLD Vad :)
[15:13] {Les} an
[15:13] {Les} :P
01[15:14] {&Threei}  that's if we remember Alex... early onset of Altzheimer hiwever changes it all
[15:14] {Alexs} lol
[15:19] {Alexs} don't you see it short .50?
01[15:19] {&Threei}  no
[15:20] {Alexs} i love the exact answer
01[15:21] {&Threei}  :)
[15:22] {Alexs} makes my hands stronger :)
01[15:22] {&Threei}  you may want to try dumbells...
[15:23] {Alexs} lol
[15:24] {Alexs} I tried doesn't make money for me
01[15:26] {&Threei}  well, by that criteria I'd have to clear my house almost to bare walls... {G}
[15:26] {Alexs} rofl
[15:26] {dino} ocir drop
01[15:26] {&Threei}  and what to do what the wifey...
01[15:26] {&Threei}  with
[15:27] {Alexs} :)
01[15:31] {&Threei}  still valid
01[15:32] {&Threei}  and if triggers, should accelerate
[15:32] {Alexs} catapult?
01[15:32] {&Threei}  well... maybe too strong a word...
01[15:35] {&Threei}  crawl with 1.21X speed {G}
[15:39] {+cc_9} all eyes on OXBT EOD how it closes
[15:39] {+cc_9} for now, its climbing back near $9.00
[15:42] {Alexs} if you would have to stop at what level you did it cc?
01[15:44] {&Threei}  sigh
01[15:44] {&Threei}  all these 5 cent stop plays today were disappointing
[15:46] {Alexs} it would stop at .44 either
[15:47] {+cc_9} ok folks
[15:47] {+cc_9} see you all tomorrow morning
01[15:47] {&Threei}  take care cc
01[15:47] {&Threei}  OK guys, thank you all
[15:47] {+cc_9} good trading today, lets keep it coming
[15:47] {+cc_9} ciao Vad
01[15:47] {&Threei}  have a good evening, see you tomorrow
[15:48] {goinshort} thanks Vad!!!
[15:49] {dino} gn all