Wednesday, December 11, 2013

Dec 11 2013

Not really our day as morning generated a few too many stops in a low volume patternless movements. A few scalps and one 1:3er in the afternoon took some sting off but still left us in the red.

Session Time: Wed Dec 11 00:00:00 2013

[08:42] {fish_49} where is everyone?  The market closed today?  lol  No premarket routine?  slackers....
[08:48] {nemo} smells like fish in here
[08:48] {fish_49} ever smelled a fish fart?
[08:48] {nemo} seen the bubbles
[08:49] {nemo} actually now that you mention it, was diving the Great Barrier Reef...saw this fish take a dump right in front of me...that was different
[08:49] {fish_49} Mortgage Apps huge jump
[08:49] {fish_49} and we have Sec Lew Speech today
[08:49] {nemo} spy volume pretty low this morning
[08:50] {fish_49} Lew Speech impact themarkets normally?
[08:50] {nemo} no...Fed next week
[08:50] {fish_49} a budget deal last night so no closing GOV
[08:51] {fish_49} ahhh perhaps it will be a slow vol day today waiting retail sales tomorrow?
[08:53] {nemo} probably...also, things are likely to become more stock specific as opposed to indexes...
[09:00] {barbo} GM
01[09:01] {Threei}  morning barbo
[09:01] {mrcanada} gday
01[09:01] {Threei}  mrc
01[09:01] {Threei}  shouldn't both houses still vote on a deal?
[09:01] {drewj} gm all
01[09:01] {Threei}  drew
01[09:02] {Threei}  I am not sure why it sounds like deal is reached when it's merely preliminary document to present for approval
[09:02] {mrcanada} don't understand all these deals in the U.S. government about budget....just do it each year
[09:04] {nemo} oh mrcanada, don't be silly
[09:04] {nemo} today is looking very dead
[09:05] {fish_49} my gut feeling is it will pass Vad
[09:05] {mrcanada} why does the U.S. do it every month?
[09:05] {fish_49} lol
[09:06] {fish_49} because we have nothing better to do in Washington
[09:06] {nemo} mrcanada...don't ask questions that cannot be answered
[09:06] {mrcanada} o I c
01[09:06] {Threei}  mine too fish
01[09:06] {Threei}  but still, it sounds like two senators agreed, and that's all
[09:07] {barbo} has to be passed by the house and senate then signed by Obama to become law.
01[09:07] {Threei}  right
[09:07] {fish_49} The far right should object but when it comes down to it they must pass it because this is the first time the Dems and Repubs have actually worked together.  They will let this slide  to live another day
01[09:07] {Threei}  mrc... every month?
01[09:07] {Threei}  it's an annual deal
01[09:08] {Threei}  it's FOMC rate set that occurs every month
[09:08] {fish_49} it was a joke Vad
01[09:09] {Threei}  with today's state of affairs in US, it's difficult to say where joke ends :)
[09:09] {fish_49} We in the US still trying to get budget passed for 2012
[09:09] {fish_49} lol
[09:09] {mrcanada} hahaha
[09:09] {mrcanada} yes....but atleast u don't have to pay any taxes then...
[09:10] {fish_49} Gov Employees and retirees  took a big hit but it could have been worse
[09:10] {mrcanada} so then the government saved $$
[09:11] {mrcanada} to put against the debt?
[09:11] {fish_49} The way Im reading it, it's future money  nothing immediate
[09:12] {mrcanada} do they pay much to retirees in the U.S. ?
[09:13] {Will49} gm
[09:13] {fish_49} lol
01[09:13] {Threei}  will :)
[09:14] {fish_49} MRC the GOV retiree pay is from a pension, 401K and social security which usually adds up to about 80% of working salary
[09:14] {dino} gm
01[09:14] {Threei}  dino :)
[09:15] {mrcanada} that's better than in Canada....
[09:16] {mrcanada} at least according to my inlaws...that sounds better
[09:17] {fish_49} are the CDN Gov  workers?
01[09:17] {Threei}  if you are in Victoria, about hallf of them are, fish
[09:19] {fish_49} ahhhh
[09:19] {fish_49} back when I started with the Gov , nobody wanted my job
[09:19] {fish_49} now that the economy is bad, they are crying that I earned too much
01[09:21] {Threei}  not very active pre-market
[09:21] {nemo} It's not so much that fish, it's that there are no market forces that act on government compensation.  There's one customer the taxpayer, and they, in all reality, have no power at all
[09:22] {nemo} [09:05] {nemo} today is looking very dead
[09:22] {nemo} mmmhhh, where's knuckles this morning?
01[09:22] {Threei}  you are so melodramatic
01[09:23] {Threei}  do you consider everyone who is not very active to be very dead? {G}
[09:23] {fish_49} hahahahha
[09:23] {fish_49} good point  VAD
[09:23] {nemo} o.k....today is looking somnolently lethargic
01[09:23] {Threei}  lol
[09:24] {fish_49} Will not dead  Nemo
[09:24] {mrcanada} what about COST ?
[09:24] {nemo} joy
[09:25] {nemo} index volumes thin mrcanada
[09:25] {fish_49} they have news  today  JOY
01[09:25] {Threei}  COST is on radar
[09:25] {fish_49} earnings  right?
[09:25] {nemo} joy
[09:25] {nemo} why is joy down
[09:25] {fish_49} earnings?
[09:25] {mrcanada} yes....I didn't spend enough there yesterday
01[09:25] {Threei}  guided lower
01[09:26] {Threei}  JOY Reports Q4 $1.11 v $1.11e, R$1.18B v $1.11Be- Guides initial FY14 $3.00-3.50 v $3.65e, R$3.6-3.8B v $3.78Be
[09:26] {cc_9} Morning lads
01[09:26] {Threei}  cc9 :)
[09:26] {nemo} knuckles!
[09:26] {mrcanada} Vad...where did u get this report?
01[09:27] {Threei}  Costco Wholesale Corp Reports Q1 $0.96 v $1.02e, R$25.0B v $25.2Be- Net sales: $24.5B v $23.2B y/y
01[09:27] {Threei}  news wire
[09:27] {fish_49} Cost earnings  lower but sales up?  Overhead issues?
01[09:28] {Threei}  merchandising costs increase
[09:28] {Will49} are they buying back shares?
[09:28] {cc_9} CYTR - ULTA - GILD - LL - BBRY - GERN
01[09:28] {Threei}  - US SSS 3% (ex gas 4%) - International SSS 1% (ex gas 6%) - Total SSS 3% (ex gas 5%) - Op margin (implied) 2.7% v 2.7% y/y - Merchandising costs: $21.8B v $20.7B y/y - Costco currently operates 648 warehouses, including 461 in the United States and Puerto Rico, 87 in Canada, 33 in Mexico, 25 in the United Kingdom, 18 in Japan, 10 in Taiwan, nine in Korea and five in Australia
01[09:29] {Threei}  BBRY?
01[09:29] {Threei}  what do you see in that mortally wounded corpse?
[09:30] {fish_49} gold in teeth?
01[09:30] {Threei}  lol
[09:31] {cc_9} CYTR if you're feeling like a hero
01[09:32] {Threei} Long Setup:  GDX  .90 break
01[09:32] {Threei}  If holds  .85
[09:34] {cc_9} GILD long small
[09:34] {cc_9} keeping eye on LL
01[09:35] {Threei} Short Setup: C  .50 break
01[09:35] {Threei}  If holds  .55
01[09:35] {Threei}  C two-sided
01[09:35] {Threei}  long it is
01[09:36] {Threei}  meh C
[09:37] {nemo} .40 support
01[09:37] {Threei}  should have stays with short
01[09:37] {Threei}  stayed too
[09:38] {cc_9} out GILD +$0.41
01[09:38] {Threei}  wtg
[09:39] {cc_9} CYTR going nuts here again
[09:39] {cc_9} this gonna be a good short imo
01[09:41] {Threei}  after it kills all the premature shorts
[09:42] {cc_9} if it cannot get through HOD, will be a nice short
[09:42] {cc_9} eyes on $4.30
[09:43] {cc_9} back to $4.00
01[09:44] {Threei} Long Setup:  MCD  .55 break
[09:44] {cc_9} GILD flushing again
01[09:44] {Threei}  If holds  .45
[09:46] {cc_9} CYTR no flush yet, too much bid support
01[09:46] {Threei}  don't be a scalp
01[09:47] {Threei}  ok... scalp
01[09:47] {Threei}  SPY lost will to live
[09:48] {cc_9} SPY flash crash
[09:48] {dino} pdce odd
[09:48] {cc_9} CYTR @ highs
[09:48] {nemo} spy might enter gap
[09:48] {cc_9} GILD holding up while market crashing
[09:48] {cc_9} long GILD here again
01[09:49] {Threei} Long Setup:  TNA  .30 break hl
[09:49] {fish_49} out MCD  thanks Vad
01[09:49] {Threei}  If holds  .20
[09:50] {cc_9} SPY "I dont want to live in this world anymore"
01[09:50] {Threei}  no go
01[09:50] {Threei}  tough read today so far
[09:50] {nemo} spy into the gap
[09:51] {dino} gild blood
01[09:51] {Threei} Short Setup: MCD  .45 break
01[09:51] {Threei}  If holds  .55
[09:52] {cc_9} ok guys, this is it
[09:52] {cc_9} time to buy the dip at this level
[09:53] {cc_9} buy all you can, we bounce now
01[09:54] {Threei}  very low volume on a bounce...
[09:55] {dino} pdce sm l .90 gappy sucker
[09:55] {cc_9} CYTR lord have mercy
[09:56] {cc_9} Loaded GILD to the GILLS
[09:56] {cc_9} we bounce over $72
[09:56] {cc_9} 09:53 cc_9 buy all you can, we bounce now
[09:58] {cc_9} here we go GILD
[09:58] {cc_9} time to soar
[09:58] {cc_9} $$$$$$
[09:58] {dino} arcw app hod
[09:59] {cc_9} still going up GILD
[10:00] {cc_9} Printing money on this GILD bounce
[10:00] {cc_9} here comes $72
[10:00] {cc_9} and then more upside
[10:00] {dino} gj
01[10:01] {Threei} Long Setup:  C  .25 break
01[10:02] {Threei}  If holds  .15
[10:02] {cc_9} SPY weak bid, GILD going up
01[10:04] {Threei}  if this is SPY bottom, C should be easy 1:3. If not, I want a banana to cut my wrist with
[10:04] {dino} arcw crazy, news?
[10:04] {nemo} that's getting old vad
01[10:04] {Threei}  ARCW Brean Capital, LLC Initiates ARCW with Buy, price target: $25
[10:04] {dino} damn missed it air pocket arcw
[10:05] {cc_9} CYTR needs to flush damn it
[10:05] {cc_9} good ol fashion clean flush
01[10:06] {Threei}  sheesh
[10:06] {cc_9} whoa SPY
[10:06] {cc_9} the hell was that
01[10:06] {Threei}  trading gods woke up today and said "let's watch his calls and kill them"
[10:06] {nemo} gap filling
[10:07] {fish_49} give Vad the Banana
[10:07] {fish_49} lol
01[10:07] {Threei}  dino, see IEP?
[10:07] {fish_49} put some salt in the banana  first
[10:08] {fish_49} C  DB?
[10:08] {dino} yes
[10:08] {cc_9} CYTR still no sellers
[10:08] {dino} its a crazy trade type iep
01[10:08] {Threei}  yup
[10:08] {cc_9} GILD trying to hold double bottom here again
[10:08] {cc_9} reloading for bounce #3
01[10:10] {Threei} Short Setup: VLO  .80 break
01[10:10] {Threei}  If holds  .90
01[10:11] {Threei}  1:1
[10:12] {fish_49} missed it
[10:12] {Will49} me too
01[10:12] {Threei}  :(
[10:12] {Will49} was already down 5 cents
[10:13] {Will49} at .75 and no retrace
[10:13] {Will49} oh well
[10:13] {cc_9} GILD lets go
[10:14] {cc_9} CYTR, the suckers need to start dumping under $4.00 damn it
[10:14] {cc_9} GILD go go go  :D
[10:15] {cc_9} back to almost its previous high before market dumped
[10:15] {cc_9} GILD is my #1 bounce ticket for today
01[10:16] {Threei}  who pulled rug from under gold?
[10:16] {dino} sorry
[10:17] {Will49} who shot the sherriff?
[10:17] {cc_9} GILD gonna go full on URANGORILLA when sees $72
[10:17] {cc_9} im holding all shares
01[10:17] {Threei}  everything I watch today is patternless
01[10:18] {Threei}  sudden spikes and drops
[10:18] {cc_9} each time GILD tries to breakout, SPY flushes down
[10:18] {nemo} stop looking at Les's brainscans
[10:18] {dino} gmlp drop
[10:19] {cc_9} CYTR, can we finally get these sellers under $4.00 ???
01[10:19] {Threei} Short Setup: SLW  .70 break
01[10:19] {Threei}  If holds  .80
[10:19] {nemo} mmhhh gild dt'd under vwap
01[10:19] {Threei}  clean inverted C&H
[10:20] {cc_9} GILD is like the cool guy that tries to get the ladies, SPY keeps ruining his game
[10:20] {dino} pretty good decline
[10:20] {cc_9} I'm selling GILD only when over $72.00
01[10:20] {Threei}  if this doesn't work, I'll leave to nemo to invent something new so he doesn't berate me for recycling jokes
[10:20] {cc_9} Ackman type trade "will stay with it till the end of the world"
[10:21] {cc_9} CYTR tried a little under $4.00 but not enough pressure on it
[10:21] {cc_9} SPY getting a leg, lets see if GILD reacts up with it here
01[10:22] {Threei}  Invalidated
[10:23] {cc_9} SPY headfake central
[10:25] {cc_9} GILD going for triple bottom
[10:27] {cc_9} GILD must hold 71.20 LOD range here
[10:27] {cc_9} SPY putting major drag
[10:27] {cc_9} VXX still at highs
[10:27] {cc_9} today's direction = throw a dart
01[10:28] {Threei}  pretty much
01[10:28] {Threei}  every time pattern forms, sudden move against it ruins the setup
01[10:29] {Threei}  this kind if days is relatively rare, but I hate them nonetheless
[10:30] {cc_9} energy inventories out
[10:30] {cc_9} w/e the numbers are, SPY wants to crash anyways
01[10:30] {Threei}  P Pandora Spotify unveils new free mobile music service at press conference- Free music streaming available to all mobile devices. - Lets users skip tracks and create playlists. ***Reminder: On Dec 5th, there were press reports that Spotify would introduce a free music service for mobile.
[10:30] {cc_9} CYTR die you dog
01[10:31] {Threei} Short Setup: FB  .75 break
01[10:31] {Threei}  If holds  .85
[10:31] {cc_9} VXX fresh highs nonstop
[10:32] {nemo} Ackman?  you still in GILD?
[10:32] {cc_9} nemo yes
[10:33] {cc_9} its still over yesterday's lows
01[10:33] {Threei}  that's some bid at .70
[10:33] {cc_9} selling the fear is never a smart trade
[10:33] {nemo} figure they'll try to shake this whole number level for stops
[10:34] {cc_9} yes
[10:34] {cc_9} so im sticking with it for now
[10:34] {cc_9} ill shave off once gets back 71.40s
[10:34] {cc_9} right now just need VXX to slow the f down so we get a dead cat
[10:35] {cc_9} never ever ver sell the fear
01[10:35] {Threei}  ok... it's official
01[10:35] {Threei}  should go back to bed now
[10:35] {cc_9} SPY trying a little here, GILD somehow finding no love
[10:35] {fish_49} did CC say Sell CAT?
[10:36] {cc_9} very straight since it was the most loved on the first 2 sell-offs
[10:36] {cc_9} strange*
[10:36] {cc_9} GILD should be bouncing ahead of the market here, no dice for now :(
[10:37] {dino} pdce re-load .35
[10:37] {cc_9} GILD needs through 71.20s for love
[10:38] {cc_9} CYTR i could not get much under $4.00, took what I could
[10:38] {cc_9} focusing on GILD only for now
[10:40] {cc_9} SPY nobody stepping here for now
[10:40] {cc_9} needs through 179.90 to get some bids
[10:41] {cc_9} LL on the other hand is bouncing and back to green
[10:42] {fish_49} Did Vad really go back to bed?  lol   Vad no trading in PJ's  it's not allowed
[10:42] {cc_9} GILD .30s come on SPY dont fail me now
[10:42] {nemo} he's got those bunny ear slippers too
[10:42] {cc_9} long some LL here for bounce to 92
[10:42] {fish_49} I hope not your Bunny  Nemo.  YOur dad and the bunny getting along?
[10:43] {cc_9} LL about to fly
[10:43] {nemo} Yeah...although she was obnoxious last night
[10:43] {nemo} I keep a few treats under the pillow in case she visits in the middle of the night
[10:43] {nemo} Well....
[10:43] {nemo} it's progressed from a treat to her punching my pillow to wake me up to give her some
[10:43] {fish_49} She mistakes your ummm for a carrot?
[10:43] {Will49} used to do that with my first wife
[10:44] {nemo} nah,  just spoiled female
[10:44] {fish_49} can you house train a rabbit?
[10:45] {cc_9} LL +$1.20 so far
[10:45] {cc_9} jesus christ...GILD catches a bid, SPY tatnks on it
[10:45] {cc_9} here we go again...
[10:46] {fish_49} shhhh you might wake up Vad
[10:46] {Will49} let him sleep:)
[10:46] {cc_9} unfreakingreal....
01[10:46] {Threei}  I am not sleeping... I am too busy packing finest wines and cheeses for trading gods
[10:46] {cc_9} finally catching bids, SPY comes flushing it all back to lows
[10:47] {cc_9} on a good note, VXX is not upticking much for now, so maybe bottom for SPY is in
[10:47] {nemo} this is s3 daily for spy
[10:47] {nemo} and finnies
[10:47] {nemo} s2 iwm
[10:48] {cc_9} LL so far so good, staying with it till $92
01[10:48] {Threei}  should I throw some chicken entrails in for a good measure?
[10:48] {cc_9} another market flush....
[10:48] {cc_9} SPY sabotaging all trades right now...
[10:48] {nemo} gets into the keyboard vad
[10:50] {cc_9} SPY trying to put a double bottom here
[10:50] {cc_9} like i said, that 179.90 is key for breakout and reversal today
[10:50] {nemo} they're setting up for the retail report tomorrow
01[10:50] {Threei} Long Setup:  CAT  .85 break
01[10:51] {Threei}  If holds  .75
[10:51] {cc_9} VXX winning
01[10:51] {Threei}  aggressive for .90
[10:51] {dino} anly halt?
[10:51] {cc_9} need VXX under 46.00
[10:51] {cc_9} SPY threading in dangerous waters here
01[10:51] {Threei}  from Aug 28, dino
[10:52] {dino} lol, thx
01[10:52] {Threei}  8/28/2013 7:55:18 AM Halted; news pending; To be acquired for $6.45/shr (61% premium to closing price)
01[10:52] {Threei}  lol
[10:52] {cc_9} LL so far so good, still long
01[10:52] {Threei}  (US) House Speaker Boehner (R-OH): House could hold vote on budget deal tomorrow; have not seen any acceptable proposal from the White House on extending unemployment benefits
[10:53] {cc_9} LL today is ULTA of yesterday
[10:53] {cc_9} same exact play/idea
01[10:53] {Threei}  your GILD should break .40 and fly now, cc...
01[10:54] {Threei}  canadians, saw this?
01[10:54] {Threei}  http://www.cbc.ca/news/canada/ottawa/canada-post-to-phase-out-urban-home-mail-delivery-1.2459618
[10:54] {cc_9} Vad, GILD each time catchs a bid, SPY downticks and kills momo
[10:55] {cc_9} but my LL is doing good
[10:55] {cc_9} LL nonstop
[10:55] {cc_9} $92.00 target BOING
[10:57] {cc_9} SPY block trade
[10:58] {cc_9} nvm, error print
[10:58] {cc_9} SPY trying some
[10:59] {cc_9} GILD lagging, needs 71.40
[10:59] {cc_9} VXX coming down here under 46
[10:59] {cc_9} jeez GILD, get it together....
[10:59] {nemo} .60 the likely roof on gild
[11:01] {cc_9} you're saying thats the top ?
[11:01] {cc_9} im not sure about that
[11:01] {cc_9} GILD once cracks 71.40 should be good till at least 71.80 double top
[11:01] {nemo} likely=probable
[11:01] {nemo} not sure
[11:01] {cc_9} GILD volume coming in
[11:03] {cc_9} SPY must taget 180 for BTFD signals
[11:03] {cc_9} VXX under 45.90 should be nice
[11:04] {cc_9} of course not...why should SPY get to where it needs to be then flush again
01[11:05] {Threei}  here it comes cc
01[11:05] {Threei}  .40 break and, ummm, iksplozhion
[11:05] {cc_9} needs to be in tandem here Vad
[11:05] {cc_9} SPY must cooperate so GILD gets some breakout love
01[11:05] {Threei}  this is how you spell it, right?
[11:05] {cc_9} anything over 180.10 will be great
01[11:05] {Threei}  or is it eeqsplozhion?
[11:06] {nemo} today
[11:06] {nemo} today's action would imply a roof on spy of 180.10
[11:06] {cc_9} god damn it
[11:06] {nemo} or, I'm inferring said roof
[11:06] {cc_9} it takes GILD 40 minutes to reverse $0.40
[11:06] {cc_9} and with 1 SPY downtick loses it all
[11:07] {nemo} looks like db 3minute vxx
[11:08] {cc_9} god damn it...
[11:08] {cc_9} every single time GILD gets a bid, SPY comes ruining the party
[11:11] {cc_9} when the hell are we going to get our fast and furious SPY bounce today....
[11:11] {nemo} spy hit the telephone pole today
[11:11] {cc_9} so far nothing but sideways boredom
[11:14] {cc_9} SPY another tank on the way, VXX moving higher
[11:14] {nemo} twitter keeps going
[11:14] {dino} pdce tear down that 53 wall
[11:14] {cc_9} Tell me again why did I cover CYTR too early ?
[11:14] {cc_9} damn it
[11:15] {nemo} spy bearflaggish
[11:15] {cc_9} VXX going, SPY about to lose it
[11:15] {cc_9} on a good note : 10:42 cc_9 long some LL here for bounce to 92
[11:15] {cc_9} HOD was indeed 92 on the nose
[11:16] {cc_9} sell algos about to trigger for flush
[11:17] {cc_9} SPY another LOD test
[11:17] {dino} good girl pdce
[11:17] {cc_9} GILD trying very hard to hold here while market dumping
[11:19] {cc_9} FB is a new inverse SPY ETF
[11:21] {cc_9} GILD come on, hold it together while we get passed this phase
[11:21] {fish_49} get'm Nemo
[11:22] {nemo} spy 179.48 is S4  we only get there 3% of the time
[11:23] {cc_9} so you're saying BTFD ?
[11:23] {nemo} I'm not implying anything, I stated exactly what I was thinking
[11:23] {cc_9} ok guys, nemo said btfd
[11:23] {dino} out pdce .45, +1.10
[11:24] {nemo} just like my frickin' girlfriend
[11:24] {nemo} sheesh
[11:24] {fish_49} I think Nemo was a Lawyer in his previous life
[11:24] {dino} nobody followed pdce?
[11:25] {cc_9} i think we get 1 more SPY flush to get all intraday stops
[11:26] {nemo} monthly pivot is 179.20  iwm 50 day approx: 109.80
[11:27] {cc_9} so let me get it straight
[11:27] {cc_9} SPY tanks, GILD tries to hold up
[11:27] {cc_9} SPY tries to bounce, SPY goes down
[11:27] {cc_9} ok, got it now
[11:27] {nemo} call Les, he'll explain it to you
[11:31] {cc_9} no mercy on SPY today, 0 buyers for now
[11:31] {cc_9} back and forth nonsense at session lows, i.e wants to flush lower
[11:31] {cc_9} getting ready for another SPY crash
[11:31] {cc_9} and there it is
[11:34] {cc_9} on a sidenote, GILD is not crashing....
[11:34] {nemo} iwm checked 110
[11:37] {nemo} vxx dt?
[11:37] {cc_9} SPY tagged 179.50 on the nose, round #
[11:38] {cc_9} if SPY can get 179.75, going to pick up some XIV
[11:39] {cc_9} SPY wants another leg down
[11:39] {cc_9} VXX just upticking at highs
[11:40] {cc_9} this is far from a normal "btfd" day on sell-off, this looks like people are cashing out for 2013 all together
01[11:40] {Threei} Long Setup:  TZA  .95 break
[11:40] {nemo} ok Ving
01[11:41] {Threei}  shooting straight upward, and missing the sky - second best description of my trading today
01[11:42] {Threei}  first being, can't trade my way out of wet paper bag
[11:42] {Will49} no whining Vad :)
01[11:42] {Threei}  wait, I have one more
01[11:42] {Threei}  may I?
01[11:42] {Threei}  it will annoy nemo
[11:43] {Will49} ok then
[11:43] {nemo} the banana
01[11:43] {Threei}  can't trade 25 cents for a phone call
[11:43] {nemo} pheeeewwww
01[11:43] {Threei}  it's even older than banana
[11:43] {nemo} why rax so happy today
01[11:43] {Threei}  it got VVUS shares
[11:44] {nemo} wow, crashed and burned on that one Vad
[11:44] {nemo} interesting vix really coming in and spy go not
[11:44] {cc_9} VXX dumping here, could finally see market lift up
01[11:46] {Threei}  half out TZA
[11:46] {cc_9} well of course not...that would make too much sense
01[11:46] {Threei}  stop to .94
[11:46] {nemo} IWM to test the 50 day
[11:47] {cc_9} long XIV here 31.95
[11:48] {cc_9} GILD losing steam, crap
[11:49] {cc_9} this is where GILD should be moving higher now that SPY somewhat stable...
[11:49] {RonS} dino, LH...
[11:51] {dino} on it
[11:51] {cc_9} ron, LH imo same as ULTA / LL
[11:51] {cc_9} needs 24 hours to find bottom first
[11:51] {dino} iep new lod
[11:51] {cc_9} ULTA did same, crash first day, went next day
[11:52] {cc_9} LL crash first day, bounce next day
[11:52] {RonS} dino iep...icahn selling $2 mil more new shares...has not priced
[11:53] {RonS} -$
[11:53] {cc_9} SPY way too close to LOD for comfort
[11:53] {cc_9} and splat...back to fresh lows on index
[11:54] {dino} ron, lh downgrade city, lowered guidance.
[11:54] {dino} over daily goal, so getting picky here
[11:54] {dino} brb
[11:55] {cc_9} GILD largest volume block all day
[11:55] {cc_9} looks like it was buyers
01[11:56] {Threei}  TZA... just a scalp...
[11:57] {cc_9} anyone else see the volume surge on GILD 1/2min ?
[11:57] {nemo} I see it now
01[11:57] {Threei}  was it one block or a lot of smaller prints?
[11:58] {cc_9} not really sure, but it happened twice
[11:58] {cc_9} should get more volume if gets back over .20
[11:59] {RonS} PCYC
[11:59] {cc_9} XIV fast uptick, market should go now
[12:00] {cc_9} GILD losing bids...what a migraine of a trade
[12:00] {cc_9} i should just ell so it goes to 72
01[12:01] {Threei}  - Rep Ryan and Senator Murray announced their $85B budget package last night. The agreement would undo $63B of sequester cuts that are set to take place over the next two years and puts 2014 spending at $1.012T, higher than the $967B that would have taken effect under the sequester law on Jan 15th. The package does not include an extension of unemployment insurance demanded by Democrats. The modest deal has already drawn heavy criticism from fiscal conservatives, even as senior Congressional Republican leaders voiced their support. S&P called the modest deal a positive.
01[12:01] {Threei}  - It appears that a truce in the budget battles of the last several years may be in the offing this morning, offering hope that one of the last major source of uncertainty for the recovery could be dragged out of the way. And as usual, this very good news may be inspiring many participants to bet on an earlier taper and to sell, sell, sell.
01[12:02] {Threei}  by the way, the guy who came up with word "Dectaper" must be taken out and shot
01[12:02] {Threei}  I mean, no one appreciates butchering language more than I do, but this is just lame
[12:03] {RonS} pcyc sm l .30
[12:03] {nemo} Pot meet kettle
[12:03] {cc_9} SPY 179.70 previous intraday support now wall
[12:03] {cc_9} we are stuck in a $0.20 channel on SPY
[12:04] {cc_9} 179.50 - 179.70, therefore, need at least 179.80 to start reversing
[12:04] {cc_9} damn it all to hell, lets go -500 today to get it over with already
[12:05] {nemo} tested s4 daily spy twice
[12:07] {cc_9} proper crash, no way around it
[12:08] {cc_9} and this so far today aint even the crash yet
[12:09] {cc_9} looks like GILD really wants LOD test :(
[12:12] {nemo} finnies holding the monthly pivot, spy trying to hold daily S4, looks like they're trying to get IWM to the 50 day
[12:13] {cc_9} yes, IWM so far biggest drag
[12:13] {nemo} this monthly on finnies also daily S4
[12:13] {nemo} No CC
[12:14] {cc_9} soon as we see 179.60, i think bottom for day is put
[12:14] {nemo} lowest I think possible is .20
[12:15] {nemo} IWM 50 day
[12:16] {cc_9} SPY absolutely no bottom
[12:16] {cc_9} each small bounce gets dumped, nonstop since 11AM
[12:16] {cc_9} it wants under 179
[12:16] {cc_9} about to get brutal
[12:17] {nemo} got 2 levels to get through
[12:18] {cc_9} GILD they finally crashed it
[12:18] {cc_9} VXX soaring, shits about to get super ugly
[12:19] {nemo} spy tested monthly, finnies kinda holding
[12:19] {dino} ron pcyc, you in at 108.30 ?
01[12:21] {Threei}  frikin TZA
[12:21] {RonS} no 9.68 ave
[12:21] {nemo} you're so stretched to the downside Vad
[12:21] {cc_9} GILD all out crash
[12:21] {dino} thx
[12:22] {cc_9} GILD held through the SPY pullbacks, but they are fast dumping it now, almost as if they are going at it sector at a time liquidation
[12:23] {cc_9} GILD now testing yesterday's lows, ultra ugly now that lost 71 for good
[12:23] {cc_9} SPY no sign of reversal, slow decay
[12:23] {dino} sitting, waiting...
[12:24] {cc_9} no floor on SPY...she wants under 179
[12:25] {nemo} fill that gap
01[12:25] {Threei}  (US) ShopperTrak: In-store shopper activity falls following busy Thanksgiving shopping period- Consumers spent a majority of last week recovering from "Black Weekend" holiday shopping.
01[12:25] {Threei}  recovering from shopping
[12:25] {dino} spy gap 179.01
01[12:25] {Threei}  just how backwards our heads are?
[12:25] {nemo} when the going gets tough, the tough go shopping
[12:25] {cc_9} just down down down, everything down
[12:25] {nemo} like a good girll
[12:26] {nemo} s3 iwm
[12:26] {cc_9} IWM i see nothing till 109
[12:26] {dino} lol shoppertrak, as if the severe weather didn't keep people from shopping
[12:26] {dino} we've had 3 days of ice, nobody downtown
[12:26] {cc_9} SPY nothing till 178.80
[12:27] {dino} gap 179.01 area
[12:28] {cc_9} i tell ya, nothing, SPY wants under 179
[12:29] {dino} what are you trying to say?, lol
[12:30] {cc_9} im trying to say SPY going to 0.00 today mate
[12:30] {cc_9} no such thing as bottom today
[12:31] {cc_9} no dip buyers, nada
[12:31] {cc_9} once we give up, then market will reverse lol
01[12:32] {Threei}  that's how it works
[12:32] {nemo} that should be it for vix
[12:32] {cc_9} vad yes, its usually at maximum pain and near capitulation that finally the trade works
[12:33] {cc_9} (on days like today)
01[12:33] {Threei}  eqzaktly
[12:33] {cc_9} although SPY is trying a little here, chart still unreadable
01[12:34] {Threei}  meanwhile, I finally finished Breaking Bad
[12:34] {cc_9} will only make sense as far as giving it a name once we get back to 179.70. anything under is uncharted for intraday
[12:34] {cc_9} oh goodie, now you can start on Boardwalk Empire
01[12:35] {Threei}  'twas good, although I wouldn't necessary agree with title of the best ever
[12:35] {cc_9} GILD = 0 love on this SPY bounce
[12:36] {nemo} weak side dropping fast on algo, but no correspoinding buying
[12:37] {cc_9} GILD needs 70.80 to put bottom
[12:38] {cc_9} i did not think id be typing a zero after the first 7 as far as GILD goes today
[12:38] {cc_9} VXX losing bids, lets see if helps
[12:40] {cc_9} VXX that was strange
[12:41] {cc_9} were those .30s actual prints or just skinny finger
[12:42] {nemo} gotta' figure iwm won't give up the 50 day today
[12:42] {nemo} at least on a close basis
[12:45] {cc_9} VXX still losing bids
[12:45] {cc_9} SPY needs at LEAST 179.60 to buck this trend
[12:46] {cc_9} GILD some bids at last
[12:47] {cc_9} XIV tagging 32 at last
[12:48] {cc_9} GILD this is it, time to freaking break 71 and stay above it
[12:49] {cc_9} i should have not even said anything, it was going just fine on its own
[12:50] {cc_9} XIV, if I can get 32.30 ill be happy
[12:50] {cc_9} SPY some trouble 179.40, needs .50s to clear upside
[12:52] {cc_9} QQQ major wall 85.60
[12:54] {dino} lunch time might be hard time to get markets moving
[12:55] {cc_9} the market dumped at its most starting 12PM ET
01[12:55] {Threei}  The case for using comma in a screenshot:
01[12:55] {Threei}  https://www.facebook.com/photo.php?fbid=820373951325393&set=a.223098324386295.105971.205344452828349&type=1&theater
01[12:56] {Threei} Long Setup:  GLD  .35 break
01[12:56] {Threei}  If holds  .25
[12:57] {cc_9} VXX fast pop
[12:58] {cc_9} this SPY pullback is good so long that it holds 179.20 to make a higher low
[12:59] {cc_9} QQQ fresh lows
[12:59] {nemo} OK going to see if I can find something to kill
[12:59] {cc_9} you mean someone ?
[13:00] {nemo} Only got a deer license...if I could get a human license...or...a more convenient way to get rid of the body....
[13:00] {cc_9} GILD back to .80, another 71 test on the way
[13:00] {cc_9} last high on GILD bounce was .90
01[13:01] {Threei}  *(US) TREASURY'S $21B 10-YEAR NOTE REOPENING DRAWS 2.824%; BID-TO-COVER RATIO: 2.61 V 2.58 PRIOR AND 2.75 OVER THE LAST 6 REOPENINGS
[13:02] {cc_9} anyone else buying GILD at these levels ?
[13:02] {cc_9} SPY about to start bouncing now
01[13:02] {Threei}  decent auction
01[13:02] {Threei}  supports SPY
01[13:02] {Threei}  - Indirect bidders take 48.9% of competitive bids, with 74.9% allotted at high - 10.57% go to direct bidders; 40.5% go to dealers - Median 2.783%, Low 2.735%
[13:03] {nemo} 10 year?  Bennie is buying all those
01[13:03] {Threei}  look at bidders distribution
01[13:04] {Threei}  this is not all Bennie anymore
[13:04] {cc_9} XIV, at last!
[13:04] {cc_9} i can smell the freedom
[13:04] {cc_9} GILD what the hell no bounce! :(
[13:10] {cc_9} no crack at 71 :(
01[13:13] {Threei}  TNA... watching for pullbck entry
01[13:14] {Threei}  ideally, around .30
01[13:21] {Threei} Long Setup:  TNA  .30 break
01[13:21] {Threei}  If holds  .20
01[13:23] {Threei}  1:1
01[13:27] {Threei}  I see my parcel with wines and cheeses is half way to the Mt Olympus
01[13:27] {Threei}  they start allowing scalps
[13:28] {cc_9} SPY no follow through...lame
01[13:28] {Threei}  no
01[13:28] {Threei}  weak bounce instead of picking up and proceeding to new highs
[13:29] {cc_9} SPY is once again .20 away from cracking session lows
[13:29] {cc_9} QQQ is already there
[13:31] {cc_9} GILD accumulation before the pop
[13:31] {cc_9} through $71 brings back buyers
[13:31] {cc_9} $0.10 to go
[13:31] {cc_9} giddy
[13:32] {cc_9} GILD $71 offer
[13:32] {cc_9} come on, break it
[13:33] {cc_9} good goy GILD, get through 71
[13:33] {cc_9} yesssss
[13:35] {cc_9} ok chartists, where do you see GILD pushing now
[13:36] {cc_9} QQQ needs 85.60 for ape zoo move
01[13:38] {Threei}  frikin TNA
01[13:38] {Threei}  hate it when you get the idea right and timing is just a tad off, enough to leave you in a dust
[13:39] {cc_9} can always get back in Vad
[13:39] {cc_9} plenty room to the upside
[13:39] {cc_9} i aint sold a single GILD share
[13:39] {cc_9} and still holding XIV to 32.30
[13:39] {cc_9} }implying its ever going there
01[13:39] {Threei}  didn't get any aetup on the ultimate bounce
01[13:39] {Threei}  it just rocketed up
[13:40] {cc_9} GOLD give me 71.30s so i can start unloading
[13:43] {cc_9} GILD*
[13:43] {cc_9} sorry for poor english...smegma butter etc...
01[13:43] {Threei}  john kill?
01[13:43] {Threei}  no
[13:44] {cc_9} LOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOL
01[13:44] {Threei}  TNA... ^%#!@(*&^
01[13:44] {Threei}  this just has to be nemo's fault
[13:45] {cc_9} im gonna get arrested for all these shekels im collecting on XIV
01[13:45] {Threei}  if you don't give us our fair share, you will
01[13:47] {Threei}  PM: Canada is deeply concerned about Ukraine political unrest
01[13:47] {Threei}  reallY?
01[13:47] {Threei}  why?
[13:47] {cc_9} im dumping GILD by the metric ton
[13:47] {cc_9} im almost all out
[13:47] {cc_9} if it goes higher, i will ask to be arrested
[13:48] {dino} bnft spike
01[13:48] {Threei}  last I checked, Canada's interests are as intervened with Ukraine's as Mongolia's camel breeding techniques with Argentina's oyster gathering
[13:49] {cc_9} all out GILD
01[13:49] {Threei}  wtg
01[13:49] {Threei}  this one took a lot of patience
01[13:50] {Threei}  and will to suffer
[13:50] {cc_9} yes, thanks guys for the moral support
[13:50] {cc_9} i want to dedicate this trade to all dip buyers from all around the world
01[13:50] {Threei}  and Mongolia camel breeders?
[13:50] {cc_9} all of it
[13:50] {cc_9} anyone who makes smegma butter
[13:51] {cc_9} So, fellers, am I gonna regret this ? }}} http://img22.imageshack.us/img22/7620/ojic.jpg
01[13:52] {Threei}  you know you are nemo's favorite, right?
01[13:52] {Threei}  and here is the reason:
01[13:52] {Threei}  [14:04] {nemo} that boy is a piece of work
01[13:52] {Threei}  [14:04] {nemo} he makes me look socially acceptable
01[13:53] {Threei}  (US) Israel's Fischer reportedly a leading candidate for the Fed Vice Chairman job - press- The Vice Chair position will be left open when Yellen is approved as Chairman
01[13:53] {Threei}  ???
[13:54] {cc_9} im gona laugh so hard im gona be depressed when SPY flies rest of the day
[13:54] {cc_9} and GILD goes to $72
[13:54] {cc_9} pls crash market!
01[13:54] {Threei}  I wouldn't regret if I were you
01[13:54] {Threei}  can't grab each last 1/8
[13:54] {cc_9} u saw my sells Vad ?
01[13:55] {Threei}  that was a bvery decent return on your troubles
01[13:55] {Threei}  yes
[13:55] {cc_9} nearly all @ the top of the rally
[13:55] {cc_9} i usually leave a tiny position, 500 shares or so in case goes higher
[13:55] {cc_9} but this trade took me all day, kinda tired
[13:59] {RonS} out pcyc 10.95 +1.27
01[14:00] {Threei}  wtg
01[14:00] {Threei}  *(US) NOV MONTHLY BUDGET STATEMENT: -$135.2B V -$140BE- Receipts: $$182.4B v $161.7B y/y- Outlays: $$317.6B v $333.8B y/y
[14:00] {dino} wtg ron
[14:02] {cc_9} ok
[14:02] {cc_9} i do not regret my GILD sells
[14:02] {cc_9} :D
01[14:14] {Threei}  pk... TNA wants us to have second cnace
[14:15] {cc_9} SPY tankish
[14:15] {cc_9} niiiiiiiice
01[14:16] {Threei}  no news
01[14:16] {Threei} Long Setup:  TNA  .10 break
01[14:16] {Threei}  If holds  67
01[14:17] {Threei}  1:1
[14:18] {cc_9} GILD vad
[14:18] {cc_9} creme of the crop
[14:18] {cc_9} just dipped to 71
[14:18] {cc_9} back up $0.30 ahead of the market
01[14:18] {Threei}  no kidding
01[14:18] {Threei}  even if it does go higher, I wouldn't regret that sale of yours
01[14:19] {Threei}  that was high time to cash out
[14:19] {cc_9} yes
[14:19] {cc_9} no tears
[14:19] {cc_9} the top was .45
[14:19] {cc_9} i sold .45 and .43
[14:19] {cc_9} cant get better fills
01[14:21] {Threei}  ok TNA
[14:21] {cc_9} i think getting long GILD here is good for another pop
01[14:21] {Threei}  stop fooling around
01[14:21] {Threei}  .60 is our target
01[14:21] {Threei}  just go there
01[14:22] {Threei}  1:2
[14:22] {cc_9} GILD going again
01[14:23] {Threei}  1:3
[14:24] {dino} sni spike
01[14:25] {Threei}  out last piece on a trail
01[14:25] {Threei}  finally something decent
[14:25] {cc_9} GILD trouble at .50 first wall, SPY also not helping
[14:25] {cc_9} will revisit GILD on .50 break
01[14:26] {Threei}  come on... anyone took that??
[14:26] {cc_9} GILD if tanks back 71, will re-load
[14:34] {cc_9} long GILD here 71.25
[14:34] {cc_9} held nicely on SPY crashola
[14:38] {cc_9} whats with this whole ron burgundy shit...its not even funny or anything
[14:38] {cc_9} did everyone just turn 12 all of a sudden
01[14:39] {Threei}  ?
01[14:39] {Threei}  burgundi?
[14:40] {cc_9} "anchorman"
[14:40] {dino} overboard w/it. its just a stupid movie
[14:40] {cc_9} its kinda lame really
01[14:40] {Threei}  I don't even know what you are talking about, lol
[14:40] {cc_9} i get the jokes and the humor...its just too weak
[14:40] {cc_9} What is Google ?
[14:40] {cc_9} thats a good start Vad
[14:40] {cc_9} actually, dont
[14:40] {cc_9} its not even worth knowing about
[14:41] {RonS} saw him do an interview w/ Peyton Manning...hilarious
01[14:41] {Threei}  I refuse to use that
[14:41] {cc_9} the humor is just "meh"
[14:41] {Will49} Vad...TNA gapped fom .09 to .15 in one jump and I decided not to chase
01[14:42] {Threei}  got .12 here...
[14:42] {Will49} not me
01[14:42] {Threei}  lol, this is a good humor, just from TV:
01[14:42] {Threei}  in Ukraine, protesters refuse to meet with Yanukovich until he meets their demands. They demand that he resigns...
01[14:43] {Threei}  so, they'll meet with him only after he resigns. Got it
[14:44] {cc_9} QQQ trying to put a bottom in
[14:44] {cc_9} VXX big volume + drop
[14:45] {cc_9} GILD being a twat
[14:47] {cc_9} QQQ lets break 85.60
[14:53] {cc_9} XIV losing bids, QQQ no dice on the .60 break
[14:53] {cc_9} blahhh
[14:53] {cc_9} last hour about to get started
[14:53] {Will49} no kidding
[14:55] {Will49} sorry cc...i get grumpy in a losing day :)
[14:55] {cc_9} u losing today ?
[14:55] {cc_9} well, it was a tough day for sure
[14:55] {Will49} uh huh
[14:55] {cc_9} GILD i want either 72 or 70.50
[14:55] {cc_9} this sideways shit is putting me to sleep
[14:56] {cc_9} SPY just needs the usual buy algos EOD then recrash last 10 minutes
01[14:57] {Threei} Long Setup:  GILD  .20 break
01[14:57] {Threei}  If holds  .10
[14:57] {cc_9} Market down = headline reads "talk about tapering making markets nervous"
[14:57] {cc_9} Market up = headline reads "no taper, market new all time highs, buy buy buy you fucking shmucks"
[14:57] {cc_9} amazing
01[14:58] {Threei}  same event is mentioned with "because of" or "despite" depending on what marjet did after
01[14:58] {Threei}  Invalidated
[14:59] {cc_9} loading some GILD here 71.08
[15:00] {cc_9} ill sell some .28 if XIV decides to get a freaking bid
01[15:00] {Threei}  bitcoin/us dollar Ernst & Young Analyst: Bitcoin should be seen as a payment system, not a currency replacement - Guardian- Ernst and Young "have a balanced view" on bitcoin. There are definite possible gains, in terms of lowered transaction costs, but there are some significant negatives, in terms of accountability and how to deal with anonymous users.
[15:00] {cc_9} ok, let me say it again for the record : Vad, I do not regret any of my GILD sells lol
01[15:00] {Threei}  lol
[15:01] {cc_9} SPY double bottom
[15:02] {cc_9} possible a fake before they pull the rug
[15:02] {cc_9} and get under 179
01[15:02] {Threei} Long Setup:  TZA  .15 break
01[15:02] {Threei}  If holds  .05
[15:03] {cc_9} GILD should be good now
[15:03] {cc_9} back to .20s
[15:03] {cc_9} beybey
[15:04] {cc_9} SPY wants to crash to 179
01[15:04] {Threei}  at least
[15:04] {cc_9} this double bottom fake is a joke, even newbies can see it
01[15:04] {Threei}  this can easily turn into full blown panic
01[15:05] {Threei}  which is my favorite kind of panic
01[15:05] {Threei}  as opposite to partially blown one
[15:05] {cc_9} kinda like aids right ?
01[15:05] {Threei}  I guess
[15:06] {cc_9} SPY, here we go
[15:07] {cc_9} either it holds LOD and does a newbie bounce
[15:07] {cc_9} or dog crash and get panic mode engaged
[15:08] {cc_9} I hope I am wrong (yes Will, I do), but i think the SPY will flush below the LOD so fast, most wont even get a chance
[15:08] {cc_9} yup, here we go
01[15:08] {Threei}  well, we are positioned just for that
01[15:09] {Threei}  so the sooner the better
01[15:09] {Threei}  and the deeper the betterest
[15:12] {cc_9} GILD dog tank
[15:14] {cc_9} there goes all the stops under 179
01[15:16] {Threei}  stop to .09
[15:17] {mrcanada} just got back from Christmas shopping...what is happening?
01[15:17] {Threei}  market is trying to tank
01[15:17] {Threei}  we are trying to profit
[15:17] {cc_9} trying to tank ?
[15:18] {Will49} your bank account just dropped
[15:18] {cc_9} market tanked and then some
[15:18] {mrcanada} oh well....nothing new
01[15:19] {Threei}  ok TZA... 3 cents more please
01[15:19] {Threei}  oh, and canada post is about to stop delivering mail to your door, mrc
[15:20] {mrcanada} that is all over the news stations about Canada post....
01[15:20] {Threei}  1:1
01[15:20] {Threei}  the sheer volume of moaning all over internet is mind boggling
[15:20] {mrcanada} my lane is 3/10 of a kilometer long....I never got mail delivered to my door
01[15:21] {Threei}  half of victoria if not more gets mail in community mailboxes
[15:21] {mrcanada} that's the way it should be
[15:21] {mrcanada} everywhere!
01[15:21] {Threei}  no one complains - and this is in Victoria where complaining is a favorite sport
[15:21] {cc_9} looks like no bounce at all...
[15:21] {cc_9} market totally giving up
[15:22] {cc_9} GILD : "why did you not just stay away once you sold ?"
01[15:22] {Threei}  ok Will, don't tell me you are not in TZA
[15:22] {cc_9} cc_9 : "because i wanted a few more shekels "
[15:23] {Will49} am
01[15:24] {Threei}  whew
[15:26] {cc_9} wow...VXX back to session highs
[15:26] {cc_9} SPY no bottom
[15:27] {cc_9} QQQ @ lows
[15:27] {cc_9} XIV losing all forms of bids
[15:27] {dino} pdce drop
[15:27] {cc_9} yea, this aint looking pretty, at all.
01[15:27] {Threei}  one of the silliest compaints: we have established relationship with postmen, we talk, we say hello... you don't talk to anyone when go to mailbox
01[15:27] {Threei}  really? you are willing to pay more to have a chance to talk to a postman?
01[15:27] {Threei}  talk to your dog
[15:27] {dino} lol
[15:30] {cc_9} SPY just nothing...straight crash
[15:30] {cc_9} cant even bounce $0.50 to save a life
01[15:30] {Threei}  tell you what... life depending on SPY bounce is not worth saving
01[15:31] {Threei}  even jonh kill
[15:32] {mrcanada} Warren Kinsella the great Liberal statesman has said that this one issue (no postal service to the door) will get Justin Trudeau as our next PM
[15:33] {cc_9} they might trap the market by crashing it
[15:33] {mrcanada} when he promises to restore it in the next election
[15:33] {Will49} tell me it isn't so
[15:33] {cc_9} with the clock running out
[15:33] {cc_9} SPY more crash
[15:33] {cc_9} god damn it
01[15:34] {Threei}  look at the positive side, mrc... if that happens, we are going to have practically bottomless well of jokes
01[15:34] {Threei}  Justin is guaranteed to deliver in that department
[15:34] {cc_9} very rare that market does not get ONE bounce on day like today
[15:34] {mrcanada} listen we have bottomless well of jokes now...
01[15:34] {Threei}  rob ford?
01[15:35] {Threei}  true...
01[15:35] {Threei}  but competition is good :)
[15:35] {mrcanada} cc...will this continue or bounce back tomorrow and start a santa rally?
[15:35] {Will49} Bieber
[15:36] {cc_9} im afraid no santa rally this year, market up too much, we are seeing nothing but profit taking past few days
01[15:36] {Threei}  quote:
01[15:36] {Threei}  I guess I'm old school because I love my mail carrier! We chat, we give him cookies and cupcakes, he waves to us when he sees us around town! I'll be sad to lose that connection.
[15:36] {cc_9} SPY new lows
[15:37] {cc_9} and nothing but new lows
01[15:37] {Threei}  true story
[15:37] {cc_9} surprisingly, IWM is not @ lows yet, QQQ and SPY crashing
01[15:37] {Threei}  I mean... get a life!
[15:37] {Will49} my grandmother used to say the same thing about the milkman
[15:37] {RonS} lol
[15:38] {mrcanada} yes...I remember the breadman too....
01[15:38] {Threei}  also, who said you can't wave hands to your FORMER mail carrier?
01[15:38] {Threei}  or give him cookie?
[15:38] {cc_9} SPY running the clock while tanking, typical EOD trap
[15:38] {Will49} how about the iceman?
[15:38] {cc_9} Market is still open no ?
[15:38] {mrcanada} he can come and mow my lawn or shovel my long laneway!
01[15:38] {Threei}  we are waiting for it to tank cc
01[15:39] {Threei}  we are in TZA still
[15:40] {mrcanada} should I sell my national bank stock?
01[15:41] {Threei}  only to your mail carrier
[15:41] {cc_9} Jeez...not even one freaking bounce ?
[15:42] {cc_9} GILD trying to bounce without market
[15:44] {cc_9} no mercy, SPY full on crash, VXX near 47
[15:45] {cc_9} wow, lotta paint SPY
[15:46] {dino} calling it a day. nothing since noonish, but over goal. thx and gn
01[15:46] {Threei}  wtg dino
[15:46] {cc_9} nothing since noonish ?
[15:46] {cc_9} market literally crashed
[15:46] {dino} no trades
[15:46] {cc_9} VXX going nuts now as fear sets in
01[15:47] {Threei}  good
01[15:47] {Threei}  a few more cents, TZA
01[15:48] {Threei}  stop to .14 btw
[15:48] {cc_9} Now we get our dead cat bounce
01[15:48] {Threei}  we need no stinkin' bounce
01[15:48] {Threei}  we need full-on crash
[15:49] {cc_9} well i loaded XIV here and GILD for small bounce
[15:49] {cc_9} i think max pain we just hit on SPY
[15:49] {cc_9} SPY trying to bounce = GILD doing down
01[15:49] {Threei}  stop to .19, time becomes an issue
[15:50] {cc_9} SPY look @ that volume bar
[15:50] {cc_9} on 5 min
[15:50] {cc_9} thats max pain
[15:52] {cc_9} damn...clock running out, no bounce
[15:52] {cc_9} they gona bounce it the last 30 seconds
01[15:53] {Threei}  5 min
01[15:54] {Threei}  move your heavy butt, TZA
[15:55] {cc_9} come on SPY, bounce for me
[15:55] {cc_9} i need about 179, but im not gona see it
01[15:55] {Threei}  nope
01[15:55] {Threei}  unless world peace is announced next 2 min
[15:55] {cc_9} we bounce here
[15:55] {cc_9} and we bounce heavy
[15:55] {cc_9} to get suckers back in
01[15:56] {Threei}  and kill them tomorrow
[15:56] {cc_9} here comes the bounce
[15:56] {cc_9} come on VXX tank
[15:56] {Will49} peace guys..c ya tomorrow
01[15:57] {Threei}  ok guys, time's running out. Out last part of TZA, happy to finish this miserable day with a few wins
01[15:57] {Threei}  see you tomorrow