Wednesday, November 13, 2013

Nov 13 2013

Very nice day with trades working in our favor with great ratio. Mostly usual suspects (GLD, GDX, JPM, WMT etc etc).



Session Time: Wed Nov 13 00:00:00 2013
[09:09] {dino} gm
01[09:09] {&Threei}  morning dino
[09:10] {dino} cc9, dcc
[09:10] {+cc_9} Goooooood morning dip buyers! :D
[09:10] {+cc_9} and...Vad
01[09:10] {&Threei}  cc9 :)
[09:15] {dino} +cc_9 dcc
01[09:16] {&Threei}  need attention-getter dino?
06[09:16] * &Threei slaps cc_9 around a bit with a frozen trout
01[09:16] {&Threei}  there
[09:19] {Will49} gm
01[09:19] {&Threei}  will :)
[09:22] {RonS} howdy y'all
01[09:22] {&Threei}  ron :)
[09:22] {Will49} hi ron
[09:24] {+cc_9} MET - RAX - TNA - FB what i got on my list
[09:27] {RonS} retail off m report:  jwn wsm ltd m
01[09:28] {&Threei}  FB on daily... coming into major support area
[09:29] {Alexs} gm
[09:29] {+cc_9} MET hate how spread is massive even with only 1 min...needs to open
01[09:29] {&Threei}  alex :)
[09:29] {ese} morning
01[09:29] {&Threei}  ese :)
01[09:32] {&Threei}  (RU) Russia Fin Min Siluanov: Sees 2013 inflation +6.0-6.2%**Note earlier today: (RU) Russia Central Bank First Deputy Yudaeva: Inflation might exceed upper end of 5.0-6.0% target this year
01[09:32] {&Threei}  Ben: I am so full of envy
[09:32] {+cc_9} the dip
[09:32] {+cc_9} the dip must be bot
[09:32] {+cc_9} long TNA here
[09:33] {dino} itc sm l .15 wide
[09:33] {Alexs} lol Vad
[09:34] {+cc_9} MET new lows
[09:34] {nemo} rax dropping
[09:34] {ese} still long invn from yesterday .52
[09:34] {ese} eyeing NQ
[09:35] {+cc_9} arent you brave
[09:35] {thomcbell} nq long or short
[09:35] {+cc_9} long MET here 49.00
[09:35] {thomcbell} i think its a long
[09:35] {+cc_9} TNA so far so good
[09:35] {ese} yup
[09:36] {ese} missed nq
[09:36] {+cc_9} TNA looking for 66.10
[09:36] {ese} nice run from 13 to 13:50
01[09:36] {&Threei} Long Setup:  FB  .50 break hl
01[09:36] {&Threei}  If holds  .40
[09:37] {+cc_9} out TNA +$0.45
[09:38] {+cc_9} 09:32 cc_9 the dip must be bot
[09:38] {+cc_9} :D
01[09:39] {&Threei}  1:1
[09:42] {+cc_9} MET very strange, nobody is taking any prints over 49
[09:42] {+cc_9} all going through at the bid or spread
[09:42] {+cc_9} max people going to is .99
[09:42] {+cc_9} hmmm
[09:42] {+cc_9} need some offer fills to get a big move
[09:43] {ese} out ½ invn .82 +.30 1K to go
[09:44] {dino} gj
[09:44] {Will49} atta bot ese
[09:44] {Will49} boy
01[09:44] {&Threei} Long Setup:  FB  .30 break hl
01[09:44] {&Threei}  If holds  .20
01[09:46] {&Threei}  1:1
[09:48] {dino} yy sm l .75
01[09:48] {&Threei}  1:2
[09:48] {Will49} good calls Vad
[09:48] {robbers} Yep.
06[09:49] * &Threei takes a bow
[09:50] {RonS} fb .30 to .58 +.28 thanks 3i
01[09:50] {&Threei}  1:3, out
01[09:50] {&Threei}  yw
[09:50] {dino} out yy .46, +.71
[09:51] {Will49} neat dino
[09:51] {dino} ty
[09:51] {robbers} wtg
[09:54] {+cc_9} MET nooooooo :(
[09:54] {nemo} poor Mr. Bill
[09:54] {thomcbell} nq nice
[09:57] {+cc_9} GDX session lows
01[09:59] {&Threei} Long Setup:  MCD  .90 break
01[09:59] {&Threei}  If holds  .80
[09:59] {+cc_9} "BTFD"
[09:59] {ese} well.......was terminated
[09:59] {+cc_9} TNA blowing up
[10:00] {+cc_9} GDX tank
[10:00] {ese} but am back with avengence and was out of invn .02 +.50 with the other K
01[10:00] {&Threei}  stop to .84
[10:00] {+cc_9} GMCR volume + pop
[10:02] {+cc_9} CSIQ eyeing for a short fade
[10:02] {Will49} beauty ese
[10:03] {ese} tks....am buying you the grimbergen next time
[10:03] {+cc_9} GMCR so far so good
[10:03] {+cc_9} looking for 58.50+ on  it
[10:04] {Will49} ese :)
[10:05] {Will49} compliments work with you:)
[10:05] {ese} ;)
01[10:08] {&Threei}  wow
01[10:08] {&Threei}  meh
01[10:08] {&Threei}  what was that on SPY
[10:08] {+cc_9} GMCR giddy up you dog
[10:09] {thomcbell} nq pretty firm
[10:09] {thomcbell} after big up move
[10:10] {+cc_9} SRPT another day, another crash
[10:13] {dino} feels like 10s
01[10:14] {&Threei} Long Setup:  GDX  .80 break
01[10:14] {&Threei}  If holds  .75
[10:15] {+cc_9} GMCR so far so good, need 58.25 bid for breakout
[10:16] {nemo} spready today
[10:16] {+cc_9} dont matter
[10:16] {+cc_9} going up
[10:16] {+cc_9} GMCR :D
[10:18] {+cc_9} all out GMCR +$0.50
[10:19] {ese} ya gotta love the symbol on this stock FU
[10:20] {ese} and it beats this mornin to boot
01[10:20] {&Threei}  it's a spinoff of FUBAR
[10:20] {ese} ah
[10:20] {Will49} lol
[10:20] {ese} indeed
[10:20] {Will49} ACAFUBAR
01[10:20] {&Threei}  which in turn was a result of merger of MF and GFY
[10:21] {ese} lol
[10:21] {Will49} :)
01[10:21] {&Threei}  acquisition of WTF finalized the name choice
[10:22] {ese} not sure that i've ever heard of this one before.FAB Universal Corp
01[10:24] {&Threei}  half out GDX
[10:24] {+cc_9} GDX so far so good
01[10:24] {&Threei}  strangely narrow today
01[10:24] {&Threei}  stop to .79
[10:24] {nemo} we've been getting 3 narrow days a week for a while now, plus throw in the Monday bank holiday
[10:25] {+cc_9} FB coming through
[10:25] {nemo} amazing, algo very strong, but no index movement
[10:26] {+cc_9} I have this feeling FB wants to squeeze today
[10:26] {nemo} Queue Ron
[10:28] {+cc_9} "the dip, the dip must be bot"
[10:28] {+cc_9} TNA now turning positive.
[10:38] {+cc_9} FB :)
[10:40] {+cc_9} FB squeeeeezing :D
[10:40] {dino} odd w/options exp nemo
[10:41] {nemo} what, FB?  where's max pain, and then "It's a bull market!"
[10:42] {dino} no, just the narrow trade days this week, usually we get a few swings
[10:43] {nemo} we've been averaging two days a week with looseness.  It's been about 3 days a week for the last few weeks that ranges have been tight
[10:44] {+cc_9} 10:26 cc_9 I have this feeling FB wants to squeeze today
[10:44] {+cc_9} That's all I know.
[10:45] {Will49} ha...cc...you can't fool us
[10:46] {Will49} you know everything!
[10:48] {+cc_9} yes, i know that too
[10:48] {Will49} lol
[10:49] {nemo} wfm C&H
[10:49] {+cc_9} I did a collabo with Vad, this was our book : http://emotibot.net/pix/5001.jpg
[10:50] {Will49} good one
01[10:50] {&Threei}  and we paid big bribe to a street bum to pose for the cover
[10:50] {Will49} haha
[10:50] {Will49} is he from Victoria?
01[10:50] {&Threei}  not anymore
[10:50] {nemo} or is that a British actor of middle eastern descent posing as a street bum?
01[10:51] {&Threei}  moved to hawaii after the book was out
[10:51] {nemo} yum
[10:51] {+cc_9} British people look more like somalians than the guy in pic
[10:51] {+cc_9} don't you know this ? multiculturalism is great!
[10:51] {Will49} ouch
[10:52] {RonS} 15k somalis around here...believe me, don't look british...
[10:53] {nemo} no, and Somali's are African
[10:53] {Will49} brits sent all the good looking guys to Aussie prisons
[10:53] {Will49} right Les?
[10:53] {nemo} with one exception
[10:53] {Will49} lol
[10:54] {+cc_9} Britan is the next France
[10:54] {Will49} they'll never learn the language
01[10:54] {&Threei}  except the food
[10:57] {RonS} 10k ethiopians here...is why southpark guys came with "starvin marvin"..
[10:57] {+cc_9} FB new highs even though market not going with it
[10:57] {RonS} twtr moving also
01[10:59] {&Threei}  gentlemen.. this country is officially insane
01[10:59] {&Threei}  http://news.yahoo.com/us-doctors-urge-wider-cholesterol-drugs-213122632.html
01[11:00] {&Threei}  under the new advice, one-third of U.S. adults — 44 percent of men and 22 percent of women — would meet the threshold to consider taking a statin.
[11:00] {+cc_9} how about they just tell people to stop eating like c**ts ?
[11:01] {RonS} rotflol
[11:01] {RonS} you have been warning us against statinism 3i...
[11:01] {nemo} interesting how western medicine actually makes the species weaker
01[11:02] {&Threei}  all kinds of it, ron :)
[11:03] {RonS} beam in the drink...
[11:05] {+cc_9} DVN beautiful chart on 30min, plenty upside
[11:06] {+cc_9} im surprised nobody brought up GLD long
[11:06] {Will49} ron...statinism......brilliant :)
[11:08] {+cc_9} its those damn reptilians Ron
[11:08] {+cc_9} GMCR continues to the upside
[11:08] {ese} thats what most of the kids are at school these days......."stalin"......so they can get outta doing there homework
[11:09] {+cc_9} the shape shifting lizardmen who made a pact with ETs to dominate the human race
[11:09] {+cc_9} brb, gotta clean the crack pipe
[11:09] {RonS} no, this brilliant: def of malapropism:  "if loving you is Wong, i don't want to be white"  sang to the tune of "if living you is wrong i don't want to be right"...
[11:09] {Will49} LOL
01[11:09] {&Threei}  oh boy
01[11:09] {&Threei}  lol
[11:10] {nemo} wow
[11:10] {nemo} I think we should discuss the Somati and Shamballa land
[11:10] {Will49} oh..let's do
[11:10] {+cc_9} all out FB for $0.45, done for the morning
[11:10] {nemo} stick to reality, ya' know what I mean
01[11:11] {&Threei}  nemo, you are needed here
01[11:11] {&Threei}  If things go according to plans, Oak Bay hopes to start killing off its deer population in 2014.
[11:11] {Will49} not a minute too soon
[11:11] {nemo} got an extra bedroom Vad?
[11:12] {nemo} and a freezer?
[11:12] {RonS} is the delay so they can tell the deer to live it up?...
[11:12] {Will49} Vad..walking thru Ross Bay cemetary the other day
[11:12] {nemo} thinking about moving in Will/
[11:12] {Will49} big buck and a couple of ladies grazing
[11:12] {nemo} ?
[11:12] {nemo} ahhh...stay away from the bucks especially this time of year
[11:12] {Will49} walked up to them to see if they's bolt
[11:13] {Will49} buck just stared at me
[11:13] {RonS} so, black guy with some fat white chicks?
[11:13] {nemo} yeah
[11:13] {Will49} will back off and went on my way
[11:13] {+cc_9} full $0.80 since 10:26 cc_9 I have this feeling FB wants to squeeze today
01[11:13] {&Threei}  https://www.facebook.com/photo.php?fbid=551670018245851&set=pb.483178015095052.-2207520000.1384359203.&type=3&theater
[11:13] {Will49} you guys are a hoot
[11:14] {Alexs} fb short .40?
[11:15] {Will49} nemo...am thinking about moving in
01[11:15] {&Threei}  not yet... thinking, one last spike
[11:15] {Will49} just finished writing my "last" 25 year plan
01[11:15] {&Threei}  you are 5x more optimistic than USSR was, Will... they were writing 5 year plans
[11:16] {RonS} lol
[11:17] {Will49} last action step...move into Ross Bay Cemetary
[11:18] {Will49} probably need some help
[11:18] {+cc_9} GDX drop
01[11:18] {&Threei} Short Setup: FB  .35 break
01[11:18] {&Threei}  If holds  .45
01[11:19] {&Threei}  Invalidated
01[11:19] {&Threei}  from China Communist Party Plenum:
01[11:19] {&Threei}  Party leadership painted in broad strokes, with the most notable update being the transition toward a more "decisive" market role in allocating resources from a "basic" role and also giving little hint on what it would do to deepen fiscal/tax reform and improve macroeconomic control.
01[11:20] {&Threei}  this sounds awfully familiar
01[11:20] {&Threei}  that's how USSR collapse started
[11:20] {dino} lol will
[11:20] {Will49} :)
[11:21] {+cc_9} FB is the rapetrain, and as we all know, the rapetrain does not stop in any station
[11:21] {+cc_9} nearing 49.50
[11:21] {+cc_9} 47.50*
[11:21] {Will49} Dino...taking my project management experience too far
[11:22] {RonS} historically regime change in China has occurred after a series of natural disasters...ie floods and earthquakes...only exceptions were the two time women ran the country...
[11:22] {Will49} haha
01[11:22] {&Threei}  sorry... how is it an exception?
[11:22] {Will49} USA may get a chance to be run by a woman soon
01[11:22] {&Threei}  just the same disaster
[11:23] {RonS} 'cause it's 2 out of guessing 15...
01[11:23] {&Threei}  hey... get Warren to run this country and watch how it dissolves
[11:23] {nemo} the fake indina
[11:23] {nemo} indian
[11:23] {Will49} Warren Buffett may do OK
01[11:23] {&Threei}  looking at the alternatives, I start thinking Hillary might not be all that bad
[11:24] {nemo} blonde blue eyed, figured she was indian...wtf
[11:24] {RonS} but she's not a woman she's a squaw...
[11:24] {RonS} man, am i on a roll or what...guess trying to offend every ethnicity out there...
01[11:24] {&Threei}  one more bounce FB, please
01[11:25] {&Threei}  to above .50
01[11:25] {&Threei}  and we would short recross
[11:26] {Will49} hey ese...Vad likes Hiliary for Pres
[11:26] {Will49} wtf?
[11:27] {ese} huh!
01[11:27] {&Threei}  over Elizabeth Warren? Any day
01[11:28] {&Threei}  you however forgot one detail will... prsented with Warren as alternative, ese will be charmed {G}
[11:28] {nemo}  next president will be a woman because this country is in a "check off the box mode"  next will likely be a hispanic on transgendered person
[11:28] {ese} I've taken a drubbing for ........risked my shiskabob party invitation only to hear that...........life is over for me
[11:29] {nemo} tighten the fucking string on your panties, for crissakes you wuss!
[11:29] {Will49} if Vad starts leaning left, i won't go to BBQ
[11:29] {ese} rotflol!!1
01[11:29] {&Threei}  no worry will
[11:29] {nemo} he'll have me come up and kill him first
01[11:29] {&Threei}  hell will freeze over 5 times before that happens
[11:29] {RonS} omg...just gave ese the idea to kick him in the left knee...
01[11:29] {&Threei} Short Setup: FB  .40 break
01[11:29] {&Threei}  If holds  .50
[11:30] {+cc_9} GDX another drop
[11:30] {ese} am outta here all..........been a good day cya tomorrow
[11:30] {nemo} sensitive...isn't he?
[11:30] {ese} don't kill yourselves until i get back
[11:30] {ese} cya
[11:31] {Will49} peace
01[11:31] {&Threei}  if goes over .50, change to .50 break with .60 resistance level
01[11:31] {&Threei}  shouldn't though
01[11:31] {&Threei}  take care ese
[11:31] {RonS} just not fair...ese gets to leave everyday before Les is here...
[11:32] {nemo} oh jeez...here we go about "fair" again
01[11:32] {&Threei} Short Setup: FB  .50 break
01[11:33] {&Threei}  If holds  .60
[11:34] {+cc_9} MET boomage
01[11:38] {&Threei}  stop to .56
[11:41] {thomcbell} nq 14.15 long break if holding 14.05
[11:41] {thomcbell} half lot
01[11:42] {&Threei}  1:1
[11:42] {thomcbell} invalid
01[11:44] {&Threei}  1:2 close enough
01[11:44] {&Threei}  1/4 more out .33, stop to .46
[11:44] {goinshort} nice V thanks !!!
01[11:45] {&Threei}  :)
[11:45] {thomcbell} think nq is still ok as long as 1/2 lot
01[11:51] {&Threei}  Toronto Mayor Rob Ford admits to city council he has purchased illegal drugs within last 2 years
[11:52] {Will49} the national embarrassment continues
[11:53] {Will49} guy is a bear for punishment
[11:54] {Will49} but the late night comics are getting tired of him
[11:54] {Will49} thankfully
[11:55] {thomcbell} nq got 1:1
01[11:55] {&Threei}  wtg
[11:55] {dino} gj
[11:58] {nemo} http://bit.ly/HTQbPE
01[11:59] {&Threei}  BlackBerry BMO making cautious comments
01[11:59] {&Threei}  lol
01[11:59] {&Threei}  caytuis?
01[11:59] {&Threei}  really?
01[11:59] {&Threei}  didn't that horse leave the barn long ago?
[12:03] {Les} hey how goes it?
[12:04] {Les} c'est comme ça heh...
[12:06] {RonS} hi Les
[12:06] {drewj} How is it to be you today les?
[12:06] {Les} show me the money and I'll think about it
[12:07] {drewj} sounds good...
[12:07] {Les} Hmmm FB looking like a lower high ignored .40 b/d its lunchtime
[12:07] {Alexs} fb short .30?
[12:08] {Les} I'm not touching it
[12:08] {Les} hope you were asking vad alex
[12:08] {Alexs} yes lol
[12:08] {Les} otherwise you need to see a doctor
[12:08] {Alexs} :)
01[12:09] {&Threei}  hey Les
01[12:09] {&Threei}  missed great morning
01[12:10] {&Threei}  no alex
01[12:10] {&Threei}  let's short bounces
[12:10] {Les} worked a great morning, there's a difference
01[12:10] {&Threei}  just as we did at .50
[12:11] {Les} work has a nobler quality in giving my excuses for not being here...
[12:12] {Alexs} JPM short .60?
01[12:13] {&Threei}  yup, liking this one
[12:14] {Alexs} stop .66?
01[12:14] {&Threei}  .71 for now
01[12:18] {&Threei}  let's see if we can modify it
01[12:19] {&Threei} Short Setup: JPM  .70 break
01[12:19] {&Threei}  If holds  .75
[12:20] {+cc_9} DDD the G.O.A.T
01[12:20] {&Threei}  Invalidated
[12:23] {Will49} news?
01[12:23] {&Threei}  ?
[12:24] {Will49} SPY bounce during noon hour?
01[12:24] {&Threei} Short Setup: IWM  .75 break
01[12:24] {&Threei}  If holds  .80
01[12:24] {&Threei}  no... just cc_9 overloaded on potato chips, so buying all the dip he can
[12:25] {Will49} lol
01[12:27] {&Threei}  meh
[12:36] {dino} mwe drop
[12:38] {+cc_9} }hey guys, FB is going to squeeze, im telling you this while the price is 46.60
01[12:38] {&Threei} Short Setup: FB  .80 break
01[12:38] {&Threei}  If holds  .85
[12:38] {+cc_9} }no thanks cc_9, we prefer to talk about space lizards instead
01[12:40] {&Threei}  we did two longs on FB in the morning
[12:41] {+cc_9} im talking about $0.50+ moves on the squeeze
[12:41] {Will49} cc knows that Vad
[12:41] {+cc_9} will, i know that vad knows
[12:41] {+cc_9} do i have to tell you everytime ?
[12:42] {Will49} yes...i still can't accept that you are as good as you are
[12:42] {Les} SLW .45 b/d holding .50?
01[12:43] {&Threei}  looks doable
[12:43] {Les} might bounce, but if it fails...
01[12:44] {&Threei}  invalidated for now
[12:45] {Alexs} it stopped didn't it?
01[12:45] {&Threei}  talking about SLW
[12:45] {Alexs} oh ok
[12:48] {+cc_9} USU pulp
[12:52] {dino} can't borrow
[12:55] {Les} small slw short .53 holding .60
[12:56] {Les} GLD lost vwap and looking to test the lows
[12:59] {Les} tempted by JPM here...
[12:59] {Les} squeeze over?
01[13:00] {&Threei}  hard to tell
[13:00] {Les} yeh
01[13:00] {&Threei}  SPY tries again
[13:00] {Les} so not too tempted
[13:01] {RonS} ctxs
[13:04] {Les} cover half slw .46 support from last time
[13:08] {Les} 1:1 and at vwap support
[13:09] {RonS} ctxs vmw drubbed off amzn new competition...
[13:16] {RonS} pcyc gone pulp
[13:20] {+cc_9} USU gone ape
[13:20] {+cc_9} i mean obama
[13:20] {Les} indexes trying again
[13:20] {dino} pcyc sm l .50
[13:24] {dino} out pcyc 120.50, +.3 ty ron!
[13:24] {goinshort} cya tomorrow !!
[13:25] {dino} :)
01[13:25] {&Threei}  take care gs
[13:25] {dino} 2 bucks too soon
[13:25] {dino} opps thats +3.00 not .30
[13:26] {dino} 117.50-120.50
[13:26] {dino} and nobody cares
[13:26] {drewj} yes we do...
[13:27] {drewj} gj
[13:27] {dino} thx drew
[13:27] {drewj} np
[13:27] {thomcbell} swk short setup 82.44 break
[13:27] {thomcbell} if holding 82.50
[13:29] {+cc_9} dino, PCYC what the fug is going on there
[13:29] {Les} GLD crash
[13:30] {thomcbell} swk two sided
[13:30] {RonS} pcyc drug approval
[13:31] {dino} drug approval
[13:31] {dino} why they sold on it, beats me, i bought
[13:32] {Les} small gld long .46 holding .40
[13:33] {RonS} hlf gone pulp
01[13:38] {&Threei} Short Setup: JPM  .90 break
01[13:38] {&Threei}  If holds  54
[13:43] {Les} where did you buy pcyc dino?
[13:44] {RonS} scroll up Les he posted it...
[13:44] {Les} oh already out. just saw the pop
[13:45] {Les} more like squeeze...
[13:45] {dino} 117.50 les (had to step away, dog freaking out)
[13:46] {Les} lol what race of dog?
[13:46] {Les} GLD 1:1 half off
[13:46] {dino} mutt (border collie, beagle & who knows what else)
[13:47] {Les} depends if Nemo been near the mother
[13:47] {RonS} lol
[13:47] {Will49} yikes
[13:47] {Les} pcyc looking toppy here
[13:47] {Les} no thanks
[13:47] {RonS} best comment ever so far...
[13:48] {Les} wait, gonna copy past and frame that Ron
[13:48] {RonS} plus he left...rotflol
[13:48] {Les} probably for the best
[13:49] {Les} for my health anyway :)
01[13:49] {&Threei}  russian saying: hybrid of Dachshund and suitcase
[13:50] {RonS} lol...that's it?
01[13:51] {&Threei}  yes :)
[13:51] {RonS} yank saying:  heinz 57
[13:51] {Les} ? for a dog
[13:52] {RonS} mixed breed...yes...
01[13:53] {&Threei}  lol... "Don't argue with idiots": http://www.youtube.com/watch?v=JMJXvsCLu6s
[13:53] {Les} was thinking might need to get the hienz bbq quality controlled here in switzerland, after the horse scandal in France...
[13:53] {Les} heinz bbq sce
[13:54] {Les} funny vad
01[13:54] {&Threei}  ok JPM
01[13:55] {&Threei}  get off your butt and make some money
[13:55] {Will49} first wife used to say that
01[13:55] {&Threei}  lol
[13:56] {Les} what u do with her Will?
[13:56] {Will49} i used to a lot of things with her
01[13:57] {&Threei}  Les... answer: http://farm1.staticflickr.com/164/345038673_ddb7da7cc8_z.jpg?zz=1
[13:57] {Les} hmmmm think that is not pg rated answer Will
[13:57] {Les} Vad u look at some wierd stuff
[13:57] {Will49} you're right
01[13:58] {&Threei}  http://en.wikipedia.org/wiki/Bluebeard
[13:58] {+cc_9} well, for shits and giggles }}} http://img189.imageshack.us/img189/4580/kiyq.jpg
01[13:58] {&Threei}  read the classic literature
[13:59] {RonS} FU...stocktwits fave...
01[13:59] {&Threei}  lol
01[14:00] {&Threei}  *(US) OCT MONTHLY BUDGET STATEMENT: -$91.6B V -$102.0BE- Receipts: $198.9B v $184.3B y/y - Outlays: $290.5B v $304.3B y/y
01[14:01] {&Threei}  one little govt shutdown, and look... we can ,live within our means, at least for a month
01[14:01] {&Threei}  well... not reall, but at least move in that direction
[14:02] {Les} no doubt Oboy is gonna capitalise on this
[14:04] {RonS} he is stuck in the muck on Ocare...nothing else matters
[14:04] {RonS} Bill Clinton and Feinstein came out yest saying law needed changes...
[14:05] {RonS} Feinstein got 35k calls of the 1 mil droped CA people...
[14:05] {RonS} dropped
01[14:06] {&Threei}  well, Clinton is now in Hillary nomination stage, so he doesn't care much about predecessor achievements
01[14:06] {&Threei}  they rather serve as steps on the ladder
[14:06] {Alexs} lol
01[14:06] {&Threei}  spot unpopular ones and promise to fix them
[14:06] {RonS} that's why Feinstein mention...blue state safe seat
[14:06] {Les} DAS lockout
[14:06] {Les} anyone else?
[14:07] {Will49} not here
[14:07] {Les} GLD 1:2 all out DAS back
01[14:08] {&Threei}  wtg
01[14:08] {&Threei}  1:1 JPM
[14:08] {Les} ty metal bounce hasn't triggered slw stop yet
06[14:09] * Les slaps nemo around a bit with a large trout
[14:10] {Les} GLD at pivot. decent resistance here
[14:10] {nemo} frickin' flies buzzing around this trading room
[14:10] {Will49} decaying trout
[14:11] {nemo} Les must have forgotten to douche again
[14:11] {Will49} oooh
[14:11] {dino} flies, this time of year nemo?
[14:11] {nemo} thanks for the setup will
[14:11] {Will49} my pleasure
[14:11] {dino} its only 26 degrees f here
[14:11] {nemo} they're wearing under armor
[14:12] {dino} lol
[14:12] {dino} only in boston
[14:12] {Les} back to yer bottle boy
[14:12] {RonS} ctxs more pressure...
[14:12] {Will49} are you a pirate Les?
[14:13] {RonS} ...only a scalliwag Will
[14:14] {Les} yay half cover jpm
[14:15] {dino} ctxs sm l .10
[14:16] {Will49} scalliwag +simply a Ho commonly used as a synonym for skanks, sluts, or skiwpskops
[14:17] {+cc_9} USU cash cowing
[14:20] {dino} usu tarrif ruling
[14:27] {dino} going to have to put ron on payroll. out ctxs .40, +.30 and he gave me the $3 in pcyc
[14:27] {Will49} you'll have to provide health care
[14:27] {RonS} lol...coulda beat your +6 w/ a +10 on that one...
[14:27] {dino} heathcare is a deal breaker, sorry ron
[14:28] {Les} and you'll have to provide Alex with his cut dino
[14:28] {Will49} better go on welfare dino
[14:28] {Will49} you're getting taxed to death
[14:29] {dino} now, where is alex wheezling in from, ron made the calls
[14:29] {+cc_9} }in the year of 2013
[14:29] {+cc_9} }there are people still paying taxes
[14:29] {+cc_9} }i seriously hope you guys dont do this
[14:30] {Will49} canucks experts at paying taxes
[14:30] {+cc_9} unless Obama comes in the chat tomorrow and gives us plays, paying taxes on trading is silly
[14:30] {dino} nsa is watching you
[14:31] {+cc_9} }implying I am not actually the nsa and im just fishing for tax cheats
[14:32] {+cc_9} we've already had the burrito inside the taco bell analogy
[14:36] {Les} GLD pop into vwap reistance
01[14:38] {&Threei}  White House Press Secretary Carney says enrollment numbers for http://Healthcare.gov to be announced later today
01[14:38] {&Threei}  JPM, give us 1:2
[14:39] {Les} 1:2?
[14:39] {Les} I want 1:4
[14:39] {dino} after they fudge w/the numbers, debating what to report
[14:39] {Les} vwap or bust
01[14:39] {&Threei}  to get to 1:4 it has to go to 1:2 first, no?
[14:40] {Les} not sure
[14:40] {Les} my maths always been dodgy
[14:40] {Will49} not if the govt measures it
[14:40] {Les} hehe
[14:42] {dino} trla spike
01[14:45] {&Threei}  1:2
[14:45] {+cc_9} RAX death by bid
[14:47] {+cc_9} TRLA through 39
[14:47] {+cc_9} tempted to short
[14:50] {+cc_9} shorted some here, looking to cover under 38.60
[14:50] {+cc_9} scary trade
[14:50] {+cc_9} since no clue why running
[14:51] {+cc_9} M&a chatter TRLA
[14:52] {+cc_9} should play out like ELLI yesterday...needs to get below 38.80 first
[14:54] {+cc_9} refuses to lose its bid...hmmm
[14:55] {+cc_9} there she goes
[14:56] {+cc_9} time to get paid
[14:57] {+cc_9} all out TRLA +$0.60
[14:58] {Les} nice one
[14:58] {Les} 39 was a nice clean setup trigger
[14:59] {+cc_9} TRLA trade, my last one for the day : entry + exit }}} http://img850.imageshack.us/img850/2448/up6k.jpg
[14:59] {+cc_9} Thanks dino for the alert.
[15:02] {dino} np, gj buddy
[15:02] {+cc_9} GDX doodoo
[15:07] {+cc_9} ok guys, good day here again
[15:07] {+cc_9} see you all tomorrow :)
[15:09] {RonS} ctxs more pressure
[15:11] {nemo} deck
01[15:15] {&Threei} Short Setup: GLD  .99
01[15:15] {&Threei}  If holds  .10
[15:17] {dino} ctxs sm l .94
[15:19] {dino} thx ron, out ctxs .14, +.20
[15:20] {dino} out trla calls from thursday, +.70 or 31%
[15:20] {RonS} gj
[15:21] {dino} ty, 10 of those buggers
[15:21] {RonS} dino, want to know a routine to get better options prices?
01[15:22] {&Threei}  buy them at Walmart?
[15:22] {dino} yes
[15:22] {RonS} do you have directed option trading?
[15:22] {dino} yes
[15:23] {RonS} 1.  go to the OIC website and locate the by exchange trade stats for the prev mo
[15:24] {RonS} 2.  choose the exchange on no 2 that runs the most volume for that issue
[15:24] {RonS} 3.  direct your order to that issue...splitting the bid/ask
[15:25] {RonS} 4.  the mm will take you out so he can maintain his spread for the suckers...
01[15:25] {&Threei}  1:1
[15:25] {RonS} 5 or 10 cents on both sides can add up to real money...
[15:26] {dino} thx ron, sur can. i am using them as a complement to my daytrade style, calls on capits, puts on euphoria. i.e. over-reactions
[15:26] {dino} so i end up swinging the options most times
[15:26] {RonS} on highly liquid options w/ 5 cent spread what am suggesting is not worth it...
[15:27] {dino} my main issue is i need to wait a little longer (day or so) before entering
[15:30] {dino} trying to generate an extra week/month if you understand
[15:32] {RonS} might want to play around using a spread to start so you can cover the sold leg if the primary position bleeds...
01[15:33] {&Threei}  TSLA Hearing weakness blamed on rumors circulating about a possible fire at a Tesla plant
01[15:33] {&Threei}  wow
01[15:33] {&Threei}  fires just follow them around
[15:34] {Alexs} lol
01[15:34] {&Threei}  (US) HHS Secretary Sebelius: 106K people signed up for new health plans under Obamacare through Nov 2nd- The figure include 26,794 people who signed up for private health insurance plans through the technologically-challenged federal marketplace serving 36 states. An additional 396,261 people were deemed eligible for the government's Medicaid program or the Children's Health Insurance Program
01[15:35] {&Threei}  technologically-challenged
[15:35] {Alexs} rofl
01[15:35] {&Threei}  I'd say, this doesn't even begin to descrobe the ways in which federal everything is challenged
[15:36] {Alexs} 106K! lol
01[15:36] {&Threei}  meanwhile over 4 mil govt bumped off their former plans
01[15:37] {&Threei}  will... are you dotting all this down for your next session with ese? {G}
[15:37] {Will49} for sure
01[15:38] {&Threei}  any chance of un-brainwashing that brain? :)
[15:38] {Will49} not much
[15:38] {Will49} have to ply him with beer
01[15:39] {&Threei}  it doesn't count... anyone gets smart while under beer influence, but then sovers up and dumbs down again
01[15:39] {&Threei}  sobers
[15:39] {Will49} he seems to listen better with a couple of grimbergers in him
[15:39] {Will49} he has to really listen before he "gets it"
[15:40] {Les} well that explains nemo then vad
[15:40] {nemo} gap up tomorrow
01[15:40] {&Threei}  you think?
01[15:40] {&Threei}  I doubt anything can explain nemo
01[15:40] {&Threei}  nemo is inexplicable
[15:41] {dino} no idea nemo. just seems like gaps every day then finish positive
[15:41] {Les} dunno, thought your alchohol makes provisional intelligence the best theory on him yet
01[15:41] {&Threei}  well, let's keep it as hypothesis
01[15:42] {&Threei}  then again, next challenge is:
01[15:42] {&Threei}  suppose you explain nemo... but what are you going to do with cc_9??
01[15:43] {&Threei}  that's not just another planet, that's whole different universe
[15:43] {Les} outta here a+
01[15:43] {&Threei}  :)
[15:43] {Les} prefer cc remains mystery
[15:48] {dino} lol les
[15:48] {Will49} lol
[15:53] {dino} calling it a day, thx all, some great ideas today
[15:53] {Will49} peace dino
01[15:53] {&Threei}  thank you all, very decent day
01[15:54] {&Threei}  have a great evening
01[15:54] {&Threei}  see you tomorrow
[15:54] {Will49} cheers
01[15:55] {&Threei}  Toronto council votes 37-5 to ask Mayor Rob Ford to take leave of absence; Ford not bound by vote, vows to stay on