Market Week Wrap-up

TradeTheNews.com  Weekly Market Update: Markets Maintain Positive Tone as Holiday Shopping Season Starts Strong

- For the most part, equity markets in the US and Europe continued to glide higher as the US celebrated the Thanksgiving holiday which also kicks off the peak shopping season. Early indications are that Thursday and Black Friday retail sales got off to a good start -online sales on Thanksgiving Day were up 20% overall, and Walmart announced it had processed over 10M transactions at its stores on Thursday night. Despite some concerns being raised about equity markets starting to get "bubbly," stocks continued to march higher, with the Nadaq breaking above 4,000 this week for the first time since the internet bubble popped. For the week, the DJIA gained 0.1%, the S&P500 rose 0.1%, and the Nasdaq added 1.7%. November saw the S&P rise 2.8% and the Nasdaq up 3.6%.

- Housing industry data out this week indicated the US housing recovery remains firmly on track. Permits for home construction rose to their highest in over five years in October and the S&P/CaseShiller Index showed prices for single-family homes continued to rise in September. Noted housing skeptic Robert Shiller said the data makes it look like we are "off and running" again, although he said there were still reasons to be cautious. Pending home sales declined for the fifth straight month in October as the US government shutdown delayed sales, mostly from buyers waiting for IRS income verification for mortgage approval.

- The headline October durable goods orders fell 2.0% as expected, however the various subcomponents were much weaker than expected. Including defense and aircraft, orders fell 1.9% versus expectations for a 0.9% gain, for the third decline in the last four months. Note that this report contrasts sharply with the October ISM manufacturing and the October factory orders data out earlier in the month.

- The P5+1 negotiations with Iran yielded an interim deal last weekend. The broader oil embargo will remain in place, but the US will give Iran $6-7B in sanctions relief, much of it in the form of oil revenue frozen in banks, in exchange for Iran halting uranium enrichment above a 5% threshold and dismantling its system to enrich uranium above that threshold. Iranian oil production has fallen to about 2.7M barrels a day from around 4M five years ago. Iran exports averaged 1.1M in the first nine months of this year, and the current deal holds exports to the current short list of buyers. Market reaction was limited, with prices only dropping slightly from the $94-95 corridor where they had been for most of November.

- Political developments in Germany and Italy were closely watched. In Germany, the center-right CDU/CSU group reached a deal with the left-wing SPD party to form a governing coalition. The 474K members of the SPD will now vote on the coalition agreement, with the result due on December 14th. A poll out last week indicated SPD voters barely favored the coalition, with 49% supporting and 44% opposed to one. Chancellor Merkel is scheduled to begin her third term as chancellor on December 17th. In Italy, Silvio Berlusconi was expelled from the senate, but the Italian government remains firmly in control. On November 16th, Berlusconi and his loyalists launched themselves as Forza Italia while former partner Angelino Alfano and his loyalists departed PDL to form the New Centre Right (NCD), which will continue to support the Letta government.

- Fiat has put off the IPO of Chrysler until next year, at the earliest. The company had been moving forward with plans to price the offering as soon as this month, however the process had stalled due to disagreements between Fiat and the UAW on buying back the UAW pension trust's 41.5% stake in Chrysler. The trust's administrators thought Fiat's offer, reportedly about $3 billion, was too low. According to financial data in a prospectus published this week, Chrysler posted Q3 net profit $476M v $422M y/y and Rev $17.6B v $15.5B y/y. In other IPO news, Hilton announced plans to launch a $1.25B IPO on the NYSE. Hilton was taken private in 2007 by Blackstone Group.

- Shares of Hewlett-Packard saw strong gains midweek after the firm reported solid results in its fourth quarter. HP met EPS expectations and beat revenue targets, but with the exception of the enterprise group, HP's revenues continue to contract. CEO Whitman talked up the progress made in restructuring and promised new products in 2014 in the tablet and 3D printing areas.

- Men's Wearhouse turned the tables on rival Jos. A. Bank, offering to buy JOSB for $55/share in cash in a deal that would value the company around $1.2B. Recall that back in early October, Jos. A Bank offered to buy Men's Warehouse for $48/share, or around $2.3B in cash. MW ignored the offer, and JOSB later withdrew it.

- The Bank of Japan posted the minutes accompanying its October 31 policy meeting and the release of its semi-annual report with updated inflation and GDP projections for the next two years. Despite slightly raising its core inflation outlook for the current fiscal year to 0.7%, the minutes revealed three board members increasingly unsure the two-year timeframe for return to a 2% core inflation can be achieved - one went as far as to suggest that the rate of change in the CPI may have already peaked with the recent waning in yen depreciation. Later in the week, Japan released its latest inflation data showing a slight uptick in core CPI to a 5-year high of 0.9%, in line with analysts' consensus. BOJ Governor Kuroda also spoke in Parliament, suggesting he would consider adding to stimulus if risks to economy threaten the 2% inflation target. USD/JPY pair traded up to a 6-month-high ¥102.50 level, while EUR/JPY approached ¥140 - its 5-year high.

- Saber-rattling in the East China Sea escalated last weekend with the announcement of an "air defense identification zone" by the Chinese Defense ministry in the area of the disputed Senkaku islands. Since the statement, US State and Defense departments denounced the China attempt to test the US resolve in protecting its regional security interests in partnership with Japan. US Air Force has also flown two B-52 bombers through the area and Japan continued to operate commercial flights to Taiwan without a hitch. By Friday, China responded by sending two military aircraft to "investigate" the incursion, but made no other threats of further action. Separately, China will release is official November manufacturing PMI data late on Saturday, expected to show a slight decline from last month's 18-month high of 51.4.

- In the FX market, the yen was broadly weaker with USD/JPY at 6-month highs just above the 102 handle and GBP/JPY and EUR/JPY crosses at 5-year highs. The USD/JPY movement coincided with a minor correction in the Nikkei225 Index from 6-month highs. The EUR/USD hovered around the 1.36 handle for the bulk of the week despite ECB members reiterating forward guidance was a headwind for the Euro. Dealers noted that German State CPI reading this week likely put off any ECB rate action at next week's policy meeting. It was the October German inflation readings that likely vaulted the ECB into action earlier this month in the surprise cut in the 7-day Main Refi rate to 0.25%. The preliminary November CPI data in Germany out on Thursday showed positive month over month readings. The Euro held its ground late in the week despite an unexpected drop in German retail sales and sovereign downgrade for the Netherlands on Friday. The ECB's Coeure noted that outright asset purchases were a tool the ECB could use to implement monetary policy but not warranted to resort to large scale as seen by the BOJ or Fed.

- The second reading of UK Q3 GDP saw no revisions. The data confirmed that the UK has entered an expansionary phase, a positive factor for the pound. The GBP/USD tested above 1.6350 for fresh 2013 highs after the BOE announced changes to its Funding-for-lending scheme (FLS), ending support for new mortgages starting January 1st and focusing the FLS solely on supporting small businesses (SMEs). Dealers noted that a break above 1.6380 would ignite upside pressure.

TradeTheNews

Nov 27 2013

On a slow pre-holiday trading session, 1:4 is a gift. And FB is always a pleasure to short. Very clean reversal setup with great follow-through

Session Time: Wed Nov 27 00:00:00 2013
[08:58] {nemo} had to hook bunny up to the treadmill to run the generator
01[08:59] {&Threei}  no power?
[09:01] {nemo} no we have power...I was being melodramatically humorous, imo of course...
[09:02] {nemo} we could lose it, winds whipping pretty good
01[09:02] {&Threei}  yikes
[09:03] {nemo} I was gonna' drive to NJ last night but I would have been driving right through the storm
[09:03] {nemo} I't s supposed to be over around dinner time tonight, so I'l leave late
[09:05] {Les} road trip time?
01[09:07] {&Threei}  hey Les
[09:07] {Les} gm
[09:07] {nemo} yep
[09:07] {RonS} gm
[09:07] {dino} gm
01[09:08] {&Threei}  ron, dino :)
[09:12] {drewj} gm
01[09:12] {&Threei}  drew :)
[09:16] {Will49} gm
01[09:17] {&Threei}  will :)
01[09:23] {&Threei}  ugh
01[09:23] {&Threei}  GLD dcided not to wait for us with .50 break
[09:28] {ese} gm
01[09:28] {&Threei}  ese :)
[09:31] {cc_9} Hello folks
01[09:31] {&Threei}  cc9 :)
[09:31] {drewj} hey cc
[09:31] {Les} mornin c
01[09:31] {&Threei} Short Setup: GLD  .50 break
01[09:32] {&Threei}  If holds  .60
[09:33] {cc_9} BLOX death open
[09:33] {cc_9} GDX long light 21.92
[09:34] {Les} don't be like that cc come play with us
[09:34] {nemo} put ur muzzle on first Les
01[09:34] {&Threei}  let's move GLD stop to .56
[09:34] {cc_9} long ADT here for reversal
[09:34] {Les} woof woof
01[09:35] {&Threei}  out
01[09:35] {&Threei} Long Setup:  C  .05 break
01[09:35] {&Threei}  If holds  .95
[09:36] {cc_9} BLOX being defended on this downside
[09:36] {Les} seriously tight ass 15 min bb's stall or new trend coming on c...
[09:36] {cc_9} BLOX getting some traction, will be interested if gets through $36
[09:36] {dino} blox gap fill aug
[09:37] {Les} c 2 way?
01[09:38] {&Threei}  no, not liking short
[09:38] {Les} k
[09:38] {Les} small gld short
[09:38] {Les} holding .60
[09:40] {cc_9} NUAN turding
[09:41] {nemo} support at 0 cc?
[09:41] {cc_9} -1
[09:41] {cc_9} company has to owe shareholders, before it finds a bottom
01[09:41] {&Threei}  change C to 53 break
[09:41] {nemo} whoa, ya' know, I think we should call you knuckles
01[09:41] {&Threei}  If holds  .90
[09:41] {cc_9} GDX turding on me
[09:41] {Les} no thanksgiving for gold bugs
01[09:41] {&Threei}  they didn't deserve it
[09:42] {Les} die conspiracy nuts
01[09:42] {&Threei}  have you seen SLR?
[09:42] {Les} paratrooper
[09:42] {nemo} ha! aapl
[09:42] {Les} death from above
[09:42] {drewj} good call on gld les
01[09:43] {&Threei}  Chi PMI must be good
[09:43] {dino} blox sm l .01 risky
[09:43] {cc_9} GDX sob'ing
01[09:44] {&Threei}  *(US) NOV CHICAGO PURCHASING MANAGER: 63.0 V 60.0E
01[09:45] {&Threei}  sub-indices paint differernt picture though:
01[09:45] {&Threei}  Sub-indices: - Prices Paid: 63.7 v 56.7 prior - New Orders 68.8 v 74.3 prior - Employment: 60.9 v 57.7 prior - Inventories: 61.1 v 48.0 prior - Supplier Deliveries: 56.2 v 52.3 prior - Production: 64.3 v 71.1 prior - Order Backlogs: 59.8 v 61.0 prior
01[09:45] {&Threei}  yikes
[09:45] {drewj} everything is slower
[09:45] {Will49} building into inventory, not sales
01[09:46] {&Threei}  where, oh where that ever so elusive economic recovery
[09:46] {drewj} yea
[09:46] {nemo} inventory build before Xmas?
01[09:46] {&Threei}  nah
[09:46] {dino} blox stop -.26
01[09:46] {&Threei}  look at prices, production, employment
01[09:46] {&Threei}  this is halloween, not a thanksgiving
[09:47] {ese} blox being pummeled
[09:47] {Les} guess Wall St can look to Jumbo Janet for more fall harvest bounty
[09:47] {nemo} FFIV weak, but no volume
[09:47] {cc_9} GDX trying a little here
01[09:47] {&Threei}  inventories highest in 7 years
01[09:48] {&Threei}  must be one hell of a christmas to sell that
[09:48] {Will49} and retailers are in panic mode already
[09:49] {cc_9} NUAN cannot find a bottom to save its life.
[09:49] {cc_9} few cents from losing $13
01[09:49] {&Threei}  yep... PRE-Black Friday sales??
[09:49] {Les} oh cc that is so naughty
[09:49] {cc_9} SPY confirmed for single direction index
[09:49] {cc_9} ponzie confirmed
[09:50] {cc_9} FB popping
01[09:50] {&Threei}  but hey, count on Obama coming on TV and referring to the number as good
[09:50] {Les} hey you guys believe it...
01[09:50] {&Threei}  we so do
[09:51] {cc_9} ECTE crashish
01[09:51] {&Threei}  ok C, it's time
[09:51] {ese} out invn last half .30 +.49 1k worth
[09:51] {RonS} gj
[09:52] {cc_9} bitcoin just hit the $1,000 mark : http://bitcoinity.org/markets
[09:52] {Les} small gdx short .78 hlding .82
[09:52] {Les} see if we got further downside
[09:52] {Will49} nice ese
[09:53] {ese} tks....was a nice swing trade from last friday.
01[09:53] {&Threei}  stop to .94
[09:53] {ese} nice work if you can get it
01[09:54] {&Threei}  *(US) NOV FINAL UNIVERSITY OF MICHIGAN CONFIDENCE: 75.1 V 73.1E
01[09:54] {&Threei}  see? we do believe
[09:54] {Les} see people believe the obummer shit
[09:55] {cc_9} ECTE tempting
[09:55] {Les} hehehe
[09:55] {ese} missed blox.......anybody take it...it's a buck bounce
[09:55] {dino} blox sm l .75
[09:55] {cc_9} GDX...dog
[09:55] {Les} IT'S THE C WORD
[09:56] {Les} probably the only decent thing i learnt from that fella over the other site
[09:56] {Les} gdx 1:1
[09:56] {dino} 35 wall
[09:56] {Les} what was that Russian song?
[09:57] {Les} gdx short the song that keeps on playing...
01[09:57] {&Threei}  fur boots?
[09:57] {Les} vxx challenging morning highs here
[09:57] {cc_9} ECTE sideways
01[10:00] {&Threei}  (CA) IMF: Bank of Canada should start hiking rates in early 2015
01[10:00] {&Threei}  wow, really?
[10:00] {Will49} kinda early to be watching paint dry
01[10:00] {&Threei}  C heard you, will
[10:00] {Will49} :)
[10:00] {nemo} qtww
[10:00] {drewj} it's never too early for that will
[10:01] {Will49} you're not suppose to sniff it drew
01[10:01] {&Threei}  as long as you don't sniff it before 11 am
[10:01] {drewj} what else is it for then?
[10:01] {Will49} good point
[10:01] {Les} hehehe
[10:01] {drewj} sometimes i just eat the paint chips
[10:01] {Les} national sport in some parts of Oz
01[10:01] {&Threei}  with ice or neat?
[10:02] {nemo} ahhh, now that explains Les!
[10:02] {Les} attention deficiency... I'm already mentally handicapped
[10:03] {dino} blox banging its head at 35 again
[10:03] {Les} I know now not to walk into the casino without full adult dosage of the good stuff, otherwise same old same old from yours truly
[10:03] {dino} hammer to ice theory
[10:04] {Les} doc advised me not to overdue it on a daily basis, so gotta ration accordingly for the afternoon shift
01[10:05] {&Threei}  1:1
[10:05] {Les} wooohoooo
[10:05] {cc_9} taking a gamble, long ECTE $4.00 for a bs bounce
[10:06] {Les} taken extra quarter off anticipating tight ass slow day
[10:07] {Will49} nemo..how does SPY volume compare to yesterday?
[10:07] {Les} like that short cc
[10:08] {Les} vwap is .18 or thereabouts
[10:09] {cc_9} so short it Les.
[10:09] {Les} below  .90 support
[10:09] {Les} bounce is good
[10:09] {Les} smart ass
[10:10] {nemo} pre market was low Will, melt up or jerk around is most likely
[10:10] {Will49} tks
[10:10] {cc_9} im offering 4.23
[10:10] {cc_9} you can short those from me if you wish
[10:10] {Les} what a nice guy
[10:10] {dino} nice read ecte cc
[10:11] {cc_9} soon as its done eating the 4.20 it should spike
[10:11] {cc_9} its a 10M float, moves on air
[10:11] {dino} air, gas, solar...as long as it moves
[10:12] {cc_9} its a little shit stock with a bunch of new bagholders
[10:12] {Les} vxx looking breaky
[10:12] {dino} sort of like the bag of shit that gets lit
[10:14] {dino} blox 35 wall again....go you &$#r
[10:15] {ese} l blox .11 real crappy fill tried to get it in the 90's
[10:15] {ese} sm at least
[10:15] {cc_9} NUAN trying to bottom out
[10:16] {dino} should get to 36, but pulls back hard, .50s
[10:16] {ese} blox dino
[10:16] {ese} ?
[10:17] {dino} yeah
[10:17] {ese} am thinkin same thing
[10:19] {ese} stopp is .11 for me because of crappy fill
[10:19] {ese} stopped at we speak
[10:19] {dino} see that .31 drop
[10:19] {ese} .10 -.10
[10:19] {ese} ya brutal
[10:20] {dino} kind of a prick
[10:20] {ese} your in .75 right
[10:21] {dino} y
[10:21] {cc_9} out ECTE for b/e, not worth the gamble.
[10:22] {ese} don't know how to type i see only lost -.01 cent not .10
[10:23] {cc_9} did you guys see how the SPY finished yesterday ? It did indeed tank into the close, that's why i kept updating on the VIX ticking up even with the market "holding" up last 30mins
[10:24] {dino} out blox .01, +.26, should have broke out
[10:26] {cc_9} lol VJET continues to gain traction
[10:26] {ese} still might dino
[10:27] {dino} theres the .50 pullback
[10:27] {cc_9} ADT looking crashish, out -$0.43
[10:27] {dino} want .60 to re-load
[10:28] {RonS} tivo crushed earn....  .75 break up looks long to me...
[10:29] {cc_9} energy numbers out in 5seconds
[10:29] {cc_9} long USO 33.14
[10:30] {cc_9} Crude Inventories 2.95M build vs consensus of 750k build
01[10:31] {&Threei} Short Setup: FB  .30 break
01[10:31] {&Threei}  If holds  .40
[10:31] {ese} approaching .60 now dino
[10:31] {cc_9} read my mind there Vad.
[10:31] {cc_9} I was about to say FB looking toppish
[10:31] {dino} tivo sm l .65
01[10:31] {&Threei}  let's see if it gets crashish now :)
[10:32] {dino} blox, the slow drop may mean more downside
[10:33] {ese} L blox .71
[10:34] {ese} ya ...givin it a shot
[10:35] {ese} i like that 56 thousand shs at .66 support
[10:35] {dino} want to, but the pause gives me paws
[10:36] {ese} 50 now
01[10:36] {&Threei}  1:1 baby
[10:36] {Les} wow FB still got it
[10:36] {nemo} not real ese
[10:36] {nemo} every time I look on FB there are more ads than entries now
[10:37] {ese} and be sides traders like to go towards size so the 50 means nothing really
[10:37] {dino} nice entry ese
[10:37] {robbers} Nice call, half out at .16
[10:38] {goinshort} nice call V !!!
[10:38] {ese} tks
[10:38] {ese} lookin ok so far
01[10:38] {&Threei}  :)
[10:41] {drewj} 1:4 on this one vad?
[10:42] {Will49} your bladder can't hold out that long
[10:42] {drewj} omg
[10:42] {drewj} yes it can
[10:43] {cc_9} come on USO, give me .25
01[10:43] {&Threei}  lol
01[10:43] {&Threei}  very possible drew
[10:43] {cc_9} NUAN so far so good on reversal
[10:43] {Will49} half wat there drew
[10:43] {ese} blox stop to .75
[10:43] {dino} blox sm l .97
[10:43] {drewj} i'm going to try just to prove will wrong
[10:44] {cc_9} FB needs a flush under 46
[10:44] {Les} 1:2 covered ty
[10:44] {cc_9} NUAN bottom is in.
[10:44] {cc_9} 48 hour rule.
[10:45] {Les} GDX stopped no follow thru
[10:45] {ese} lookin like it go for it dino
[10:45] {ese} could go
[10:45] {dino} y
[10:46] {ese} daaaa bastard
[10:47] {cc_9} NUAN slowly upticking, i like this for a full day hold
01[10:47] {&Threei}  C... now, that's bastard
[10:48] {cc_9} GDX :) pls come back to $22.00 now that Les experience pain.
[10:49] {cc_9} die FB die
[10:50] {dino} what are you trying to say?
[10:50] {ese} ½ blox .11 +40
[10:50] {cc_9} ¥
[10:50] {cc_9} FB death nice!
[10:50] {ese} cents that is
[10:50] {cc_9} { $46.00
[10:51] {robbers} Out in full on spike
[10:51] {robbers} Thanks.
[10:51] {dino} lol
[10:51] {dino} gj ese
[10:51] {dino} gj robbers
01[10:51] {&Threei}  FB
[10:51] {drewj} 1:4 baby!
[10:51] {ese} tks
01[10:51] {&Threei}  beauty
01[10:51] {&Threei}  out
01[10:51] {&Threei}  1:4
[10:51] {cc_9} FB crash!
[10:51] {Will49} nice one
[10:51] {Will49} on a day like this
01[10:51] {&Threei}  we were on top of it cc
[10:51] {drewj} should have held some more shares
[10:51] {cc_9} my man!
01[10:52] {&Threei}  like a drunken sailor on... errr
[10:52] {cc_9} all out FB 45.85 from 46.25, lovely
06[10:52] * &Threei withdraws the analogy
[10:52] {Les} ... a deserted island togethor?
[10:53] {Les} FB long setup?
[10:53] {Les} .90 holding .80?
01[10:53] {&Threei}  easy to get rinsed here
[10:53] {Les} yeh
[10:54] {cc_9} (; ・_・)
[10:54] {Les} translated cc?
[10:54] {cc_9} (･_･ )
[10:54] {Les} vix hitting vwap and retreating
[10:55] {Les} nope still going for it
[10:56] {ese} just reading the Q again for blox........it ain't that bad......man serious overreaction on this one
[10:56] {cc_9} ಠ_ಠ
[10:56] {Les} u hit it cc
[10:57] {Les} ?
[10:57] {dino} agreed ese
[10:57] {RonS} guidance ese...  conf call "we need to digest the growth of last few qtrs"
[10:57] {ese} ok cc.......how do you do that
[10:57] {cc_9} BLOX needs 48 hour rule
[10:57] {cc_9} just like NUAN did
[10:57] {dino} a penny is worth 23%
[10:57] {cc_9} stock crashes first day, you give it another 24 hours to find a bottom
[10:57] {cc_9} also, ಠ_ಠ
[10:58] {ese} in the mean time....i'm gonna make some money on it
[10:58] {ese} never looked at it like that dino
[10:58] {ese} good point
[10:59] {cc_9} testing the "wtf now" face ლ(ಠ_ಠლ)
[11:00] {ese} those nyse boys have had to soak up alot of stock on this with all the selling ....ya just know there going to want there money back
[11:00] {cc_9} NUAN baby! .30s on deck
[11:00] {cc_9} im going to intraday swing NUAN until about 13.75
[11:01] {ese} lol......cc your nuts
[11:01] {cc_9} you're
[11:01] {cc_9} unless you meant something else
[11:01] {ese} bite me
[11:01] {cc_9} (¬▂¬)
[11:02] {ese} lol
[11:02] {cc_9} NUAN 13.35 go go go
[11:03] {Les} BLOX short .99?
[11:03] {Les} testing vwap support
[11:03] {ese} i hope not......i'm long .71
[11:03] {Les} looking long
[11:04] {Les} not 35.70 I hope?
[11:04] {ese} noppers
[11:04] {ese} 34
[11:04] {Les} nice
[11:05] {ese} tks ...but i may not be able to hold on to this much longer......have a class to teach so will be leaving soon
[11:05] {Les} well sell and i'll ride the short with ya :)
[11:06] {cc_9} In the next statement, im going to attempt to mimic the "Motley Fool"
[11:06] {cc_9} "well investors, today we will tell you why a stock crashed yesterday, because now we know why"
[11:06] {cc_9} who the fuk reads the Motley Fool...seriously
[11:07] {Les} funny
[11:07] {ese} agreed!!!!!
[11:07] {Les} since taking ritalin, stopped reading everyone and everything except GRaifer and Armstrong
[11:07] {Les} the penny falls into place
[11:07] {ese} those douuufs are so frickin fickle it;s unbelievable
[11:07] {robbers} That's why they call it Motley FOOL.
[11:08] {ese} thats probably the one website that i hate the most
[11:08] {Les} amazing how many hours a week i spent seaking the answer in blogs...
[11:09] {cc_9} NUAN chart }}} http://img547.imageshack.us/img547/396/nf7e.png
[11:09] {ese} out blox balance .03 +.32
[11:09] {ese} gotta go cya all
[11:09] {nemo} spy pop coming
[11:10] {Will49} peace ese
01[11:10] {&Threei}  well, you know what the monk running amonastery gift shop answered when asked where is the change from $10 bill while selling $3.99 item...
[11:10] {nemo} o.k. I'll bite, what
[11:10] {dino} 08 area a real bugger
[11:10] {cc_9} NUAN @ HOD :D
01[11:10] {&Threei}  "Change comes from within..."
[11:10] {Will49} hahaha
[11:10] {dino} lol
[11:11] {robbers} Funny line.
[11:11] {nemo} ahhh that's like the "How many pschologists does it take to change a light bulb?" joke
[11:11] {cc_9} piss also comes from within
[11:11] {nemo} psychologists
[11:12] {Will49} well?
[11:12] {nemo} ?
[11:12] {Will49} shhhesh, punch lines are slower than prices
[11:13] {nemo} oh, I figured at your age you'd heard everything
[11:13] {cc_9} long FB light 45.75
[11:13] {Will49} yes, but forgot most of it
[11:13] {nemo} "One, but the lightbulb has to really want to change."
[11:13] {cc_9} possible intraday double bottom from earlier at the 45.60ish range
[11:13] {Will49} tks
[11:13] {robbers} From my days writing in LA:  How many agents does it take to replace a light bulb.  Two, the writer to hold it and the agent to screw the writer.
[11:13] {Will49} as cc would say...i knew that!
[11:14] {cc_9} 凸ಠ益ಠ)凸
[11:14] {Will49} lol robbers
[11:14] {nemo} Anybody remember the book, "Real men don't eat Quiche"?
[11:14] {dino} out blox .98 +.01
[11:14] {robbers} Yeah.
[11:14] {Will49} i'm trying to remember
[11:14] {nemo} How many real men does it take to change a light bulb?
[11:15] {cc_9} out FB +$0.20 :D
[11:15] {nemo} None...real men aren't afraid of the dark
01[11:15] {&Threei}  well?
01[11:15] {&Threei}  ah
01[11:15] {&Threei}  lol
[11:15] {nemo} How does a real man know when a woman orgasms?
[11:16] {Will49} now that i remember
[11:16] {cc_9} he asks the neighbor ?
[11:16] {nemo} not bad
[11:16] {nemo} no
[11:16] {nemo} A real man doesn't care
06[11:16] * Les slaps nemo around a bit with a large trout
[11:16] {cc_9} i wish i could slap you with 5 trouts
01[11:16] {&Threei}  in Russia, there were a lot of jokes about certain nationalities... one of them asked again how many of them were needed to change the bulb,
01[11:16] {&Threei}  and answer was 9.
01[11:16] {&Threei}  1 standing on the table and holding the bulb,
06[11:16] * nemo slaps cc_9 with 5 trout
01[11:17] {&Threei}  4 grabbing the table by corners and walking counterclokc-wise,
[11:17] {nemo} How many Harvard grads does it take?
[11:17] {cc_9} get off the stage you nonce
01[11:17] {&Threei}  and 4 walking clockwise, so forst 4 wouldn't get izzy
[11:17] {nemo} Just one to hold it, while the world revolves around them
[11:17] {Les} lol cc
[11:17] {Will49} hahaha
[11:18] {Will49} oh boy....my sock drawer is beckoning
[11:18] {Will49} wait...i sorted that yesterday
[11:19] {dino} dr. tells blonde she's pregnant. blonde replies, "are you sure it's mine?"
[11:19] {Will49} ol
[11:19] {Will49} lol
[11:19] {nemo} Blonde locks her keys in the car
[11:19] {nemo} Takes her two days to get out
[11:19] {cc_9} It would have been funnier if the car was a convertible
[11:19] {cc_9} step your game up.
[11:19] {dino} blonde tells dr. it hurts everywhere she touches. dr says your fingers broken
[11:20] {cc_9} dino, leave now and enjoy the holidays.
[11:20] {cc_9} before you start smelling of fish
[11:20] {Les} lol not bad dino
[11:22] {cc_9} ugh, NUAN stalling
[11:22] {Will49} don't change the subject!
[11:22] {robbers} cc, very nice reversal on FB.
[11:23] {cc_9} robbers, yes, i took the scalp too fast
[11:24] {robbers} Yeah, but it spiked so that was the right play at the time.
01[11:37] {&Threei} Short Setup: FB  46 break
01[11:37] {&Threei}  If holds  .10
[11:39] {dino} les, nice read blox
[11:39] {nemo} nuan coughing up a furball
[11:40] {robbers} Testing theory that you should always flush twice.
[11:40] {Will49} LOL
[11:41] {nemo} in Les's case I can see that as being necessary
[11:42] {cc_9} in nemo's case, only a shower will do
[11:42] {nemo} I prefer a bidet
[11:42] {cc_9} of course you would.
[11:42] {nemo} gives me that tingly sensation
[11:43] {Les} thought bunny did that for ya?
[11:43] {nemo} nah, too tough to clean her fur
[11:43] {Will49} here we go
[11:43] {cc_9} degeneracy
[11:44] {Les} he started it!
[11:44] {Will49} next step down from democracy
[11:44] {nemo} Mmmmhhhh....how many people that watch reality TV do you want voting?
[11:45] {cc_9} Berlusconi ousted !!!!!!!!!!!!!!!!!!!
[11:45] {cc_9} aaaaaaaaaaahahahaha
[11:45] {Les} bout bloody time
[11:45] {nemo} thought he was in jail
[11:45] {Les} slippery fish
[11:45] {Will49} degenerate
[11:45] {cc_9} GDX double bottom
[11:46] {cc_9} VJET crashing
[11:47] {RonS} speaking of...that tv seires "scandal" had the female vp's husband stoinking the gay chief of staff's partner, right on prime time...unfreakin real...
[11:47] {cc_9} total degeneracy
[11:48] {cc_9} they always need to add the gay element to satisfy the libs
[11:48] {cc_9} they are slowing pushing the envelope, yet it seems to never push back
[11:49] {cc_9} the only thing they want our youth to do, is to push each other's turds in.
[11:49] {Les} sm blox long
[11:49] {RonS} oof...but lol
[11:49] {dino} starting to seem that way
[11:49] {Les} .57 holdig .45
[11:49] {cc_9} not a single mainstream media condemned the "teens" for racially targeting white people with their new "knockout" game
[11:50] {cc_9} And CNN had the audacity to call Zimmerman "Hispanic" now that he is somehow not white anymore.
[11:50] {cc_9} cherry picking at its finest...
[11:50] {Will49} my era people can not believe whats happening
[11:50] {Will49} what's
[11:50] {cc_9} if you dont conceal carry, then you deserve to be beaten
[11:51] {cc_9} I keep praying that a group of "youth" come my way to play, i will teach them shootout.
[11:51] {Will49} scary
[11:51] {nemo} honestly, awful tough to get a pistol out when you're in the fray
[11:51] {cc_9} carry an axe
01[11:51] {&Threei}  have it out and ready all the time
01[11:51] {&Threei}  ummm... I mean pistol
[11:52] {dino} lol
[11:52] {cc_9} the boon loves shiny things, he will think your ax is jewlery
[11:52] {nemo} Can't do that in MA, it's considered assault with a deadly weapon if a gun is visible even if it's holstered under your jacket.  If you're jacket falls open, and someone sees it, you can be charged
[11:52] {cc_9} then you can ax him into pieces before he gets a chance to axe you questions
[11:52] {nemo} saw that coming
[11:53] {nemo} what caliber you like cc?
[11:53] {cc_9} 9MM
[11:53] {nemo} what loads?
[11:53] {cc_9} i dont go anywhere without my sig sauer p226
[11:53] {nemo} I'm a 229 guy myself
[11:53] {cc_9} very nice
[11:54] {cc_9} check out the new Beretta Nano
[11:54] {cc_9} (not a Beretta fan, but those little guys are pretty decent)
[11:54] {nemo} Yeah, we sell 'em, but I don't like the rake angle
[11:54] {nemo} my natural point is best in Sig's and 1911s
[11:55] {dino} scanners barely moving
[11:55] {cc_9} yes, 1911 nice
[11:55] {Les} vxx moving higher
[11:56] {nemo} Oh, cc, another nice one, I was very impressed is the Steyr...great pointing characteristics
01[11:58] {&Threei}  who wants to check whether you are left or right brained predominantly: http://en.sommer-sommer.com/braintest/
01[11:58] {&Threei}  (hair-brained not included in test)
[11:58] {cc_9} GDX crashing
[11:59] {cc_9} VJET sinking faster now
[11:59] {cc_9} spooky shiet
[12:00] {nemo} cc you got a Florida license or Utah one?  Utah the best
[12:01] {cc_9} I prefer Florida, its the new wild wild west
01[12:01] {&Threei}  Meteorite strike may have caused loud boom along Quebec - Ontario border
01[12:02] {&Threei}  Will... maybe it's Quebec separating finally?
01[12:02] {&Threei}  can we be that lucky?
[12:02] {nemo} Yes, The Florida license is good in 29 states, I think the Utah, which you can get is good in 34
[12:02] {nemo} http://bit.ly/uFFMDf
[12:02] {nemo} It was supposed to land in Tungusia
[12:02] {Will49} yeah...they'll go out with a bang alright!
01[12:02] {&Threei}  lol
[12:03] {Les} short fb .05 holding .10 but friker holding on
01[12:03] {&Threei}  I just need to evacuate my daughter in time... or they'd leave Montreal to Canada?
[12:04] {Will49} that's all the new Quebec would be...Montreal thru to Quebec City
[12:04] {Will49} First Nations will go to the barricades to protect the rest
[12:05] {dino} sm l pdce .51 ave
[12:06] {cc_9} VJET big bounce
[12:08] {Les} TNA long break of the round number?
01[12:11] {&Threei}  hl
[12:12] {cc_9} VJET recrash hopefully for another trade
[12:14] {nemo} iwm likely to try and test 113
[12:15] {cc_9} VJET all out crash
[12:16] {cc_9} keep an eye for another bounce play
[12:17] {cc_9} VJET trying here again
[12:18] {cc_9} long VJET here 40.75 fir a gamble trade
[12:18] {cc_9} either i eat a bigger turkey, or i eat a mcdouble
[12:18] {cc_9} my target is 41.50
[12:19] {cc_9} each time it sold off, it bounced about $1.50
[12:19] {cc_9} lets see if works out this 3rd time around
[12:21] {cc_9} NUAN back in the .30s, keeping the faith
[12:23] {cc_9} VJET needs to get through 41
[12:24] {cc_9} big wall, frak
[12:27] {Les} switched from short to long FB
[12:28] {cc_9} out VJET -$0.25
[12:28] {Les} lost .05 long .12
[12:28] {cc_9} looking more crashish, unless its effing with me
[12:28] {Les} stop to trigger
[12:29] {Les} leaswt i read it right strong as an ox as the market retreated
[12:29] {Les} quarter .28
[12:29] {cc_9} I got rused out of my VJET position
[12:32] {Les} potential top in vxx here at yesterdays high
[12:33] {Les} FB trail stop
[12:34] {cc_9} NUAN :D
[12:35] {cc_9} VJEt you sob
[12:37] {Les} www.youtube.com/watch?v=Hgpi_CqVh4M
[12:37] {Les} son of a...
[12:39] {cc_9} MOTHER EFFER VJET
[12:39] {cc_9} YOU RUSED ME!
[12:42] {Les} sma sso long
[12:42] {Les} .71
[12:42] {Les} holding .65
[12:42] {Les} tna bouncing straight bavk to trigger no setup
[12:47] {cc_9} TSO H&S formation, possible short
[12:48] {Les} sso no dice
01[12:50] {&Threei} Long Setup:  TZA  .45 break
01[12:51] {&Threei}  If holds  .40
[12:51] {cc_9} TSO H&S so far so good, needs under .60 to flush faster
[12:57] {dino} vjet drop
[12:58] {Les} vxx break of yesterdays high
[12:58] {Les} nice cup and handle in voilatility 3 min
[13:00] {cc_9} VJET refried beans
[13:02] {cc_9} SPY trying to hold its b/e pps
[13:06] {nemo} oxy cc
[13:06] {cc_9} nice chart nemo, but no momo there, slow grind down
[13:06] {cc_9} will add to list for next week fo'sho'
[13:07] {nemo} Iran fallout
[13:07] {nemo} all oils like that
[13:07] {nemo} slb
[13:16] {dino} calling it a day/week/month. just spinning my wheels here.
[13:17] {dino} happy thanksgiving all. back dec 4th
[13:17] {Will49} peace dino
01[13:17] {&Threei}  safe travel dino
01[13:17] {&Threei}  have fun
[13:17] {Will49} happy TG
[13:17] {dino} respect all, ty
[13:30] {Les} vxx spike and stall. not sure it's flagging
[13:37] {Les} c'mon vxx let's go
[13:48] {cc_9} enjoy the holidays everyone
[13:48] {Will49} u 2 cc
01[13:57] {&Threei}  so, cc9 compklains abut people who say bye and disconnect before we have a chance to answer
01[13:57] {&Threei}  then does the same within seconds
[13:57] {Will49} he bad
01[13:59] {&Threei}  baddest
[13:59] {Les} badderer
[14:00] {Will49} don't say bladder
[14:00] {Les} you could go out to a restaurant before this stock resolves will...
[14:00] {Will49} it's too suggestive for me
[14:00] {Will49} already did
[14:00] {Les} anyway don't have yer adult diaper on?
[14:00] {Will49} ran out
[14:02] {Will49} you know the old story.....when you gotta go...you gotta go! and if you don't go when you gotta go, you find out you'v already gone
[14:02] {Will49} ergo.....depneds:)
[14:02] {Will49} depends
[14:07] {Will49} Les...Vad picks these kind of trades when he senses I'm ready to wander
01[14:07] {&Threei}  well, you might want to sweep your office for bugs {G}
[14:08] {Will49} haha
[14:08] {Will49} I recall you being very interested in my trading room
[14:09] {Will49} oh oh,,,what's that little webcam doing in here?
06[14:09] * &Threei quickly hits off witch
[14:09] {Will49} caught ya
01[14:09] {&Threei}  nothing, there is no even red light under "recording" label...
01[14:11] {&Threei}  bet you thought all those cases whan a call is made while you leave for 30 seconds to ppur coffee were by accident eh?
[14:11] {Will49} imagine what we'd see if we had a cam in Les' place
01[14:11] {&Threei}  my eyes...
[14:11] {Les} order
[14:11] {Les} cleanliness
01[14:11] {&Threei}  but les...
01[14:12] {&Threei}  pj parties...
[14:12] {Les} the malady of a neurotic
[14:12] {Les} ladies only affair
[14:12] {Will49} stopped me from drinking coffee Vad :)
01[14:12] {&Threei}  good... m,ight have saved you from hypertension :)
[14:12] {Will49} tks
[14:12] {Les} welll think of yopurself and your bacon problem
01[14:13] {&Threei}  how is it a problem?
01[14:13] {&Threei}  you remind me that exchange between a shring and a visitor
01[14:13] {&Threei}  shrink: any in your family suffers from mental disorders?
01[14:13] {&Threei}  visitor: no, they all seem to enjoy it
[14:14] {Will49} lol
[14:14] {Les} heh
[14:14] {Will49} sounds like my siblings
[14:15] {Les} as long as the doc is prescribing good stuff all is well
01[14:16] {&Threei}  you might remember the develeopments with eggs... from "oh so bad for you with all the cholesterol" to "forget it all, we were full of crap, the best thing you can eat"
01[14:16] {&Threei}  I am waiting for the same thing to happen with bacon
[14:16] {Les} will never happen
[14:17] {Les} pigs sleep and root in shit; that's a dirty animal
[14:17] {Les} I don't eat dog either
[14:18] {Will49} ever seen a beef feedlot Les?
01[14:18] {&Threei}  man... you went through some serious brainwashing :)
[14:18] {Les} oh c'mon
[14:18] {Les} PULP FICTION
01[14:18] {&Threei}  ever saw chicken farm?
01[14:18] {&Threei}  turkey?
[14:20] {Les} http://www.youtube.com/watch?v=ZA_Tl1kvlQU
01[14:21] {&Threei}  that's a very reliable source of nutritional information
[14:21] {Les} :)
[14:21] {Les} that's Tarantino
01[14:22] {&Threei}  I am aware...
[14:23] {Les} cool source of nutritional information. reliability be damne
[14:23] {Les} d
[14:24] {Will49} gawd...another 90 minutes of this monotony
[14:27] {Les} C looking ready to lose 53
01[14:29] {&Threei}  meh TZA
[14:31] {Will49} there goes the monotony
[14:32] {Will49} that's it for me....Happy TG you Yanks
[14:32] {Will49} see you next week
01[14:43] {&Threei}  btw guys, what have we decided about Friday?
01[14:43] {&Threei}  lert's trade or let's sleep?
[14:44] {Les} frik that not dooing this again
[14:44] {RonS} vote here...skip it...
01[14:44] {&Threei}  yeah, probably not worth it
01[14:45] {&Threei}  whatever number of traders show up for wotk, all that turkey in their stomachs will keep them sleeping anyway
01[14:56] {&Threei} Long Setup:  CAT  .85 break
01[14:56] {&Threei}  If holds  .80
[14:59] {Les} 2 way?
[15:00] {Les} nah
[15:04] {goinshort} I say skip Friday
[15:04] {nemo} F friday
[15:04] {Les} yes nemo F is for Friday
[15:05] {nemo} sigh
[15:05] {Les} have a lollipop
01[15:06] {&Threei}  done deal then
01[15:07] {&Threei}  I will however leave room open, to read later who came to tarde and thought he was in parallel universe
[15:07] {Les} COOOOOOOOL
01[15:07] {&Threei}  cc9... ese...
[15:07] {Les} VIRTUAL PARTY, VAD'S PLACE 3PM FRIDAY
01[15:07] {&Threei}  lol
[15:08] {Les} I'll bring the online hook..... uh female company
01[15:08] {&Threei}  "company whores"?
[15:08] {Les} what u've got them now?
01[15:09] {&Threei}  board still reviews my request
[15:09] {Les} what r u? corporate democracy?
[15:09] {Les} crush them
01[15:09] {&Threei}  wife says yes, democracy, and she runs it
[15:09] {Les} oh
[15:10] {Les} well thats different
[15:10] {nemo} probably breaks 183 on Friday
[15:12] {Les} http://tinyurl.com/lgksc3g
[15:12] {Les} France taking another step forwaard
[15:12] {Les} men deemed sexual predators and arrested accordingly for soliciting if new bill is paassed
[15:13] {Les} that'll fix the issue
[15:18] {Les} so trading tomorrow?
[15:18] {Les} half day?
[15:18] {RonS} closed
[15:19] {nemo} douche
[15:19] {Les} all day? ok
[15:19] {Les} not till 1pm
[15:19] {RonS} that is Friday
[15:19] {Les} no problem. outta here c u's Monday enjoy yerselves
[15:19] {nemo} I hope he's under adult supervision
[15:23] {nemo} Interesting chart I saw today on what has powered the various markets this year.  Whereas Japan's run was based on earnings expansion, the US run was based on P/E expansion
[15:27] {goinshort} cya all monday ........
[15:27] {RonS} same here everyone...
[15:27] {nemo} cya after jury duty
01[15:28] {&Threei}  have a great Thanksgiving and weekend guys
01[15:28] {&Threei}  see you Monday

Nov 26 2013

Very very boring day with very low volume, very narrow range and very slow movements. On a profitable side, but boring. Very. Not surprising for a short week though.


Session Time: Tue Nov 26 00:00:00 2013
[08:41] {nemo} spy volume: 376,541
[08:51] {nemo} I setup my chin pillow
[09:11] {dino} gm
[09:12] {+cc_9} GM fellas
[09:12] {+cc_9} another day, another 3D bubble : CAMT / ECTE are the latest ones
[09:12] {nemo} I'm getting ahead of myself but I'm so excited for jury duty next week
[09:12] {dino} lol
[09:13] {Les} who u gonna beat up on Nemo, and be careful what you say here
[09:13] {nemo} ?
[09:13] {nemo} jury duty les
01[09:13] {&Threei}  dino, cc9, les :)
[09:13] {Will49} gm
01[09:13] {&Threei}  will :)
[09:16] {nemo} going to court is like visiting a really downmarket Walmart
[09:17] {Les} k
[09:17] {Les} just saying careful what you say here, if related to the defendant
[09:17] {Les} but I know you ain't THAT DUMB
[09:17] {nemo} thank you solicitor
[09:19] {nemo} Well, I figure when I get interviewed I'll use derogatory un PC slang terms for different racial groups and how I hate them, and how Massachusetts should have the death penalty,   I should be out of their in 5 minutes
[09:19] {Les} seen stranger things on those jury duty reality bs
[09:19] {Les} lol
[09:19] {Les} k it's likie that is it
[09:20] {nemo} Gawd...I remember when they interviewed jurors from the OJ trial.  Their IQs couldn't have been as large as my belt size
[09:21] {drewj} gm
[09:21] {Les} dunno, looks like you been porkin a little in those recent images
01[09:21] {&Threei}  drew :)
[09:21] {+cc_9} Watch list today : CAMT - ECTE - TIF - CCL - ADT - NUAN
[09:21] {nemo} haha, I'm still a 31
[09:24] {Les} that is a small IQ
[09:24] {Les} I feel better now
[09:24] {nemo} What?  That there are others like you?
[09:24] {Les} well at least a steup up from america
[09:24] {Les} :P
[09:24] {Les} step up
[09:25] {nemo} mmhhh spy volume stepped up a bit
[09:27] {Les} frikin russian cold startin to bite here
[09:27] {+cc_9} GDX falling ahead of the open
[09:28] {+cc_9} under $22.00 now
[09:28] {Les} FB vol dump into support
[09:28] {nemo} pivot 22.04
[09:29] {nemo} s1 21.68
[09:30] {Les} GLD
[09:30] {+cc_9} long ADT 61.65
[09:30] {+cc_9} tgt $42+
[09:30] {+cc_9} NUAN tanking
01[09:31] {&Threei} Long Setup:  GLD  120 break
01[09:31] {&Threei}  If holds  .90
[09:32] {+cc_9} CAMT beautiful short
[09:33] {ese} morning
[09:33] {Les} hi ese
[09:33] {ese} mornin les
[09:34] {+cc_9} ADT here comes the $42.00 breakout
01[09:34] {&Threei}  ese :)
[09:36] {ese} dino ya there......how did that adt trade turn out for you yesterday
[09:38] {+cc_9} long GDX 21.90
[09:38] {+cc_9} looking for 22.10
[09:38] {+cc_9} CAMT crashing :D
[09:39] {Les} half ty GLD
01[09:39] {&Threei}  1:1
[09:39] {Les} crap
[09:40] {Les} that was interesting
[09:40] {drewj} wtf
01[09:41] {&Threei} Short Setup: GDX  .80 break
01[09:41] {&Threei}  If holds  .85
[09:41] {dino} josb sm s .82
01[09:43] {&Threei} Long Setup:  C  .30 break
01[09:43] {&Threei}  If holds  .25
[09:43] {ese} out ½ invn .15 +.41
[09:44] {+cc_9} CAMT the crash continues :D
01[09:44] {&Threei}  meh
[09:45] {Les} loved CAMT from a 3 min. perspective cc. missed the bounce to .85 for short
[09:46] {dino} cov josb .58, +.24
[09:46] {+cc_9} I shorted CAMT @ the open, it will tank even harder shortly
[09:47] {dino} gj cc9
[09:47] {Les} ballsy move but gj
[09:48] {+cc_9} freaking ADT can;t get $42
[09:50] {ese} dino?......how'd the rest of that adt trade work out for you yesterday
01[09:51] {&Threei} Long Setup:  FB  .90 break
01[09:51] {&Threei}  If holds  .80
01[09:52] {&Threei}  Invalidated
[09:52] {dino} josb sm s .55
[09:52] {+cc_9} NUAN decimated
[09:53] {Les} Japan's EWJ humungous daily ascending triangle pulling back into support after false break...
[09:53] {+cc_9} GDX catching a little bid here, need 21.95
[09:54] {Les} index inverted c&h
[09:54] {+cc_9} Eco data out in 5mins
01[09:54] {&Threei} Long Setup:  SLW  .25 break
[09:55] {+cc_9} Consumer Confidence / Mnfc Index
01[09:55] {&Threei}  If holds  .15
[09:56] {dino} cov josb .45, +.10 stuck
[09:57] {ese} in slw
[09:57] {+cc_9} P crashing
[09:58] {ese} nice fill .249999
01[09:58] {&Threei}  *(US) NOV RICHMOND FED MANUFACTURING INDEX: 13 V 4E
[09:58] {+cc_9} out ADT, not working.
[09:59] {+cc_9} in GDX and looking @ P for long entry
[09:59] {ese} thats as close as you can get to .25 without it being .25
[09:59] {+cc_9} long P 27.26
01[09:59] {&Threei}  *(US) NOV CONSUMER CONFIDENCE INDEX: 70.4 V 72.6E
[09:59] {+cc_9} shooting for 27.45
01[10:00] {&Threei}  stop to .19
01[10:00] {&Threei}  1:1
[10:00] {+cc_9} GDX / P so far so good.
[10:00] {+cc_9} GIDDY UP
[10:01] {ese} out .35 +.10 slw....tks vad
01[10:01] {&Threei}  yw
[10:01] {+cc_9} out GDX +$0.21
[10:01] {+cc_9} out P +$0.19
[10:02] {ese} slw nicely taking off for you vad
[10:02] {+cc_9} GDX :D
01[10:02] {&Threei}  1:2
[10:02] {Les} nicely timed
[10:03] {Les} sometimes more wizard than vulcan
[10:04] {+cc_9} buying back P here again 27.25
[10:04] {+cc_9} Keeping an eye on GMCR from early tank
[10:05] {+cc_9} SPY testing yesterday's low range 180.40ish
[10:06] {Les} GLD short time?
[10:07] {+cc_9} P giddy up, round II
01[10:07] {&Threei}  not sure, GLD
[10:08] {+cc_9} NUAN full on crash under $14.00
[10:08] {+cc_9} (this is the company that created Siri for Apple)
[10:08] {+cc_9} P should get a nice spike once SPY holds
[10:08] {+cc_9} 27.50+ tgt
[10:09] {+cc_9} out half P for $0.20, holding rest for .50+
[10:09] {ese} nuan cc?  created siri
[10:10] {+cc_9} all out + +$0.27
[10:10] {+cc_9} P = my cash cow today!
[10:11] {+cc_9} P 27.70 now :D
[10:11] {RonS} ttok P .30 to .65 +.35  thanks cc...
[10:11] {+cc_9} wtg Ron
[10:11] {Les} P .20 support was spot on chose GLD short instead
[10:12] {Les} trailing to .25
[10:13] {+cc_9} P behaved as expected, it bounced very fast soon as SPY held its lows of yesterday 180.40ish
[10:13] {Les} miners straight back to the lows good shit
[10:13] {+cc_9} 10:05 cc_9 SPY testing yesterday's low range 180.40ish
[10:13] {+cc_9} 10:09 cc_9 P should get a nice spike once SPY holds
[10:13] {+cc_9} GMCR looking for long once breaks $65.00
01[10:14] {&Threei} Short Setup: FB  .25 break
01[10:14] {&Threei}  If holds  .35
[10:14] {RonS} sm l LGF .40
[10:15] {Les} didn't see what FB just did then crazy stuff
[10:15] {Les} oh errant print to .15
[10:16] {ese} facebook...unpredicable......like it's idiotic ceo
[10:17] {nemo} hlf weak today]
[10:17] {nemo} ddd also
[10:17] {+cc_9} FB ceo is far from idiotic.
[10:17] {ese} he's a looser
[10:17] {dino} scty sm l .96
[10:17] {+cc_9} He has a $15B bankroll and not even 30 years old, I'd say anything but idiotic.
[10:18] {+cc_9} You and I would both trade places with him in a heart beat, lets keep it real :)
[10:18] {ese} nope
[10:18] {nemo} I don't know, you seen his wife?
[10:18] {RonS} woof
[10:18] {Les} ooph MNemo
[10:18] {ese} good or bad?
[10:19] {RonS} woof
[10:19] {nemo} I was not impressed
[10:19] {nemo} I"m sure she's a nice girl
01[10:19] {&Threei}  he is a lot of things, few of them are complimentary... but loser? Last definition I'd apply to him
[10:19] {+cc_9} Says the guy with a pet bunny
[10:19] {ese} ahhhhhh...then for sure no
[10:19] {Les} GLD covered for a scalp
[10:19] {RonS} absolute dog
[10:19] {nemo} bunny is very predictable
[10:20] {+cc_9} GDX back under 21.90
01[10:20] {&Threei} Short Setup: GDX  .85 break
[10:20] {+cc_9} looking for long entry
01[10:20] {&Threei}  If holds  .90
01[10:20] {&Threei}  two-sided
[10:20] {ese} kids around my school don't like FB anymore.....it's not cool......wonder if he knows that yet
[10:20] {nemo} that was diplomatic
[10:20] {+cc_9} NUAN abused
[10:22] {dino} out scty .36, +.40
[10:22] {+cc_9} lol NUAN every single candle on the 5min is red since 9:25AM
01[10:22] {&Threei}  how we feel about certain businesses and wether we understand their model is pretty much irrelevant to their stock price
[10:23] {ese} have to agree with that
01[10:23] {&Threei}  one good example would have been netflix
[10:23] {+cc_9} ese, when you have $15B bankroll, there are a lot of things you stop caring about.
[10:23] {dino} agreed vad, just read the tape
[10:23] {+cc_9} FB for sure is losing traction as far as users go
01[10:23] {&Threei}  when they started their mailing DVD business I thought it was the most ridiculous idea I've ever heard
[10:24] {+cc_9} now FB has to force users to check ads and interact with ads
[10:24] {ese} as long as it's not golf and music................then i don't care
01[10:24] {&Threei}  also, let me offer you this for consideration
[10:25] {dino} ese, speaking of golf, supposed to be in myrtle beach this weekend
[10:25] {ese} nice
[10:25] {ese} which course
01[10:25] {&Threei}  if I told you I like the business model where you sell goods in wearhouse setting, make people buy in bulk and charge for the right to buy, would you classify that as a good idea?
[10:25] {+cc_9} NUAN at 4 year lows ! LOL
[10:25] {dino} oyster bay, glen dornich, thistle
[10:26] {ese} that would be costco
01[10:26] {&Threei}  exactly
[10:26] {RonS} Sol Price invented that model 50 years ago
[10:26] {Les} vad avoided long setup on GDX
[10:26] {+cc_9} Actually yes, it is a good business idea, you cater to smaller businesses and shops rather than the usual retail guy
[10:26] {Les} take short ssetup or let consolidate a little?
[10:27] {Les} I avoided
[10:27] {ese} that company is based on a french model that 2 gentlemen started there....listened to it on CBC one morning
[10:27] {RonS} baloney
[10:27] {+cc_9} P 27.90 :)
01[10:27] {&Threei}  apparently it is as costco demonstrates... but by the sound of that description, I don't think many would thought of it that way :)
01[10:27] {&Threei}  no Les, too fast drop
[10:28] {Les} k
[10:28] {RonS} Sol Price fahioned his model from the px's and bx's of the military
[10:28] {+cc_9} NUAN can it find a bottom today ? lol
[10:28] {drewj} why does the speed of the drop matter?
[10:29] {dino} panic
01[10:29] {&Threei}  sharp moves lead to exhaustion and reversal rahter than continuation
[10:29] {drewj} which means rebound?
[10:29] {RonS} ...his first clubs in the '50's were restricted to fed government employees and relatives
[10:29] {dino} fast drop usually capitulation phase drew
[10:29] {dino} dino likes fast drops, fast spikes
[10:29] {dino} my contrarian trades
[10:30] {+cc_9} NUANA first green candle
[10:30] {RonS} ...it all started in San Diego...wife's grandfather was one of the px buyers...
[10:31] {RonS} ...during wwII
[10:31] {ese} as well..............did not like the way he treated his shareholders ....the week before the FB ipo..........he decides (without consultation)...to increase the share distribution which effectively cost his shareholders a year of greif
[10:31] {+cc_9} WFT sued by SEC for dealings with Iran
[10:31] {dino} rig starting to work on that gap to .49
[10:31] {dino} 49
[10:31] {RonS} ...they going to sue O too?
[10:31] {ese} that ranks him as greedy in my books............and stupid
[10:32] {drewj} did you enter long on gdx vad?
01[10:32] {&Threei}  yes
[10:32] {+cc_9} NUAN trying to base, needs 13.75 to confirm
[10:32] {drewj} so are you stopped out?
[10:32] {+cc_9} WFT continues to crash
01[10:33] {&Threei}  of course, .85 was support for stop
[10:33] {+cc_9} WFT damn it, shoulda filled $15.10 :(
[10:33] {Les} RIG short .35 holding .40?
01[10:34] {&Threei}  yup
01[10:34] {&Threei}  nice looking setup
01[10:34] {&Threei}  a bit narrow but still
[10:34] {Les} dino's find
[10:35] {+cc_9} WFT ! :(:(:(
[10:35] {ese} clf dino...........not working it's way dn to gap but has passed support at 25.00 this thing should bounce soon...6 dollar haircut so far
[10:35] {nemo} mmhhh, can't short sso anymore
[10:35] {nemo} but you can short sds
[10:36] {+cc_9} you can try UPRO nemo
[10:36] {Les} GDX dead meat
[10:36] {nemo} forgot about them, what's the opposite of UPRO?
[10:37] {+cc_9} SPXU
[10:37] {RonS} Costco was started by execs who made their money originally as a food vendor at the Seattle Worlds Fair in the '60's....they then created the Britannica jean company who invented the original patch jean, and stonewashing
[10:37] {nemo} ty couldn't remember
[10:38] {+cc_9} lol, we're still talking about costco ?
[10:38] {RonS} Sol Price had started Price Club in San Diego, and the Britannica guy sent execs down to work for Sol
[10:38] {ese} have I got the wrong company?
[10:39] {RonS} ...they got the concept down...went back to Seattle and cranked Costco
01[10:39] {&Threei}  I won't forgive Seattle for Starbucks anyway
[10:39] {RonS} ...years later they bought Price Club...by that time Sol Price was about 85
[10:39] {nemo} spy 18.7 million
[10:39] {+cc_9} NUAN trying to set a bottom, break still needs 13.75
[10:39] {dino} higher low nuan
[10:40] {+cc_9} NUAN pushing here
[10:40] {RonS} ...sorry for the history lesson but retail concepts take time to develop when they are game changing...
[10:41] {dino} sm l ..73 nuan
[10:41] {nemo} spxu
[10:41] {nemo} sorry
[10:41] {RonS} RH Macy went bankrupt 3 times befor his department store concept took off
[10:41] {nemo} upro not shortable but spxu is
[10:41] {+cc_9} NUAN here we go
[10:42] {Les} sm. RIG short .34 hiolding .40
[10:43] {+cc_9} NUAN looking to dump 13.87
[10:43] {ese} I'm pretty sure i've got the right facts ron...............i remember listening to that interview and it was french idea that they took......
[10:43] {RonS} one tweet from Icahn and NUAN took go +$2 in a heartbeat
[10:45] {RonS} wow Dec $13 put volume 23k nuan w/ oi 2700
[10:45] {Will49} RIG FRIG
[10:45] {Les} RIG no go on watch
[10:45] {Les} noticed BP selling too here. News?
[10:45] {+cc_9} oh God...P is $1.00 above my initial buy
[10:46] {drewj} dino what's your target on NUAN?
[10:46] {+cc_9} Les, probably gotta do with possible cheaper oil bc of Iran
[10:46] {+cc_9} Drew, NUAN im peging 13.87 target
[10:46] {Les} k. still looking for gap closure on RIG
[10:46] {drewj} ty
[10:48] {+cc_9} :(:(:( http://img844.imageshack.us/img844/9039/dq71.jpg
[10:49] {Les} your screenshot ain't eliciting sympathy cc :P
[10:49] {+cc_9} omg WFT...kicking myself for not buying this on the drop, "SEC suing" kept me off.
[10:51] {+cc_9} FB baby fade
[10:51] {+cc_9} NUAN trying } 13.80
[10:56] {dino} out nuan .75, +.02
[10:56] {+cc_9} TSLA another daily low
[10:57] {dino} nuan, damn
[10:58] {+cc_9} +$0.02 is better than getting jumped by "teens" and getting knocked out
[10:58] {drewj} just won't budge
[10:58] {dino} yeah, figured .75 tick would drop it
[10:59] {nemo} saw a story where one of those teens tried on a guy with a concealed carry permit  ;-)
[10:59] {dino} and maybe it will
[10:59] {Les} what u on about bunny boy?
[10:59] {dino} knockout game
[11:02] {Les} vol. enetering here on RIG
[11:02] {ese} ah ha.......costco is a culmination of a couple of ideas......jim sinegal including one the pricecostco warehouses and molded costco.....part of the idea came from Cash and Carry in the UK......I swear though that membership part is a french idea......heard this interview in the spring
[11:02] {+cc_9} all out NUAN +$0.21
[11:02] {+cc_9} large block
[11:03] {RonS} ese...Sol Price is the grandfather of it all...the guy was a true pioneer
[11:03] {ese} from jim sinegal...........he went and iterviewed a bunch of people from various companies
[11:04] {RonS} doesn't mena those people knew what they were talking about
[11:04] {ese} ya he used to work there and took that original model and expanded on it with ideas from a bunch of these other companies
[11:05] {dino} gj cc9
[11:05] {RonS} one time in San Diego...Sol had a ship come into port and sole $3 million of Yokohoma tires in one weekend...righ off the boat
[11:05] {RonS} sole= sold
[11:05] {+cc_9} ty dino, taking rest of day easy, morning was great.
[11:06] {ese} it's a great concept for sure
[11:06] {ese} the last time i was at costco.......i ran into vad
[11:06] {RonS} hurt yourself?
[11:06] {ese} and i've only been 3 times in my whole life
[11:07] {+cc_9} COH dropping on a downgrade.
[11:08] {+cc_9} So Boardwalk Empire is over...that was a sad moment for me.
[11:08] {+cc_9} What a terrific show / ending...gonna miss it
[11:08] {ese} well he was in the lineup and my wife and i were talking to his wife
[11:08] {Les} was it any good boardwalk?
[11:08] {ese} he may not have know i was there
[11:09] {Les} like HBO stuff
[11:09] {+cc_9} Les, Boardwalk Empire is one of the best shows ever. I don't say this lightly either.
[11:09] {Les} hmmmm
[11:09] {Les} ROME
[11:09] {+cc_9} Great writing, acting, directing...just perfect.
[11:09] {Les} DEADWOOD
[11:09] {Les} some solid company
[11:11] {Will49} what was show about Baltimore drug scene a few years ago?
[11:12] {Will49} the wire
[11:12] {Will49} great series
[11:13] {dino} you guys watching coven?
[11:13] {RonS} Copper...great series
[11:13] {ese} cya tomorrow........take over ok will
[11:13] {dino} cya ese
[11:13] {ese} dino
[11:14] {RonS} haven't been...those babes as hot as the promos?
[11:16] {dino} indeed ron. that emma roberts has really grown up. hot as hell
[11:19] {dino} nuan drop
01[11:20] {&Threei}  CAMT Camtek Ltd Discloses clarification of position on 3D printing - filing- Announced that in light of the high trading volume of the Company's shares and rumors that have been circulating in the media over the course of the past few days, it wishes to clarify that, as reported previously, it is now in the advanced stages of the development of the GreenJet, a digital 3D printing system used for the deposition of solder mask designated for the printed circuit board industry (the "GreenJet System").
[11:22] {dino} smacking vwap, camt
[11:22] {Les} RIG back to lows
[11:22] {+cc_9} lol MBIS another 3D bubble
[11:22] {dino} rig wants the gap fill, 49.04ish
[11:23] {dino} maybe not today, but soon
[11:23] {Les} yeh Vad RIG short here with a little consolidation?
[11:24] {Les} GDX back to lows
01[11:24] {&Threei}  dunno... it's similar setup to the one that failed
[11:24] {Les} yeh
[11:24] {dino} its a fat f*@ker, would rather short a thinny
01[11:25] {&Threei} Short Setup: GDX  .70 break
01[11:25] {&Threei}  If holds  .80
[11:29] {Les} sm. rig short .23 holding .30
[11:30] {Les} 200 dma .50 lower
[11:34] {nemo} Les, look at iwm and fas 1 min charts on fsc
[11:35] {Les} plenty of divergence and a good long position for banksters
[11:35] {nemo} no, the gaps in the dat
[11:35] {nemo} data
[11:36] {Les} yeh seen in FAS
[11:36] {Les} teleporting
[11:38] {Les} guessing ultra low BATS vol. or no trades
[11:38] {Les} ?
01[11:40] {&Threei}  ok GDX
01[11:40] {&Threei}  let's do something worthy remembering
01[11:41] {&Threei}  like, dropping 1 dollar in drunken stupor
[11:41] {dino} uan app lod
[11:41] {dino} nuan
[11:41] {Les} wait, let me back up the truck
[11:42] {dino} brb
[11:42] {dino} btw, first snowstorm today, go 4" of snow
[11:43] {Les} normal for you?
[11:43] {dino} actually a bit behind on snowfall so far
[11:43] {Les} yeh cold but dry here
[11:43] {dino} we average around 50 inches of it/season
[11:45] {nemo} sheesh iwm onward and upward
[11:47] {RonS} BREAKING: Affordable Care Act's birth-control rule gets Supreme Court review on First Amendment grounds
[11:47] {nemo} huh?
[11:48] {RonS} forcing people to pay for something that is against their religion...infringes concept of free speech
[11:50] {RonS} didn't work for me...was against my religion to pay for other's health care...
[11:50] {Will49} killing is against most religions but we are made to pay taxes to fund armed forces
[11:51] {Will49} also capital punishment
[11:51] {nemo} killing is so un pc  we should call it helping someone's soul transition
[11:51] {Les} ah that be perogative of the state and not the people Will. You vote for it every time at the ballot
[11:52] {Will49} if state takes lives, it debases human life
01[11:52] {&Threei}  US Supreme Court agrees to take up challenge to the Obamacare contraceptive insurance mandate on religious freedom grounds
[11:58] {dino} ve drop
[12:00] {RonS} ve = french garbage
[12:00] {Les} hey I take exception to that European slander
[12:01] {dino} lol
01[12:01] {&Threei}  lol
[12:01] {Les} come try and live with those idiots before bagging them out
01[12:02] {&Threei}  no thanks, we will designate you as our ambassador
[12:02] {RonS} ve biz garbage collection in fr...
01[12:02] {&Threei}  save on travel expenses anyway
[12:02] {Les} well lend me a few cruise missiles while you're at it
[12:02] {Les} I know hwere to aim them
[12:02] {Will49} speaking of travelling Vad
[12:02] {+cc_9} any news on VE ?
[12:02] {Will49} any Xmas trips planned?
[12:02] {+cc_9} cant find anything other than volume sell
01[12:03] {&Threei}  Electricite de France Initiates sale of Veolia environment stake - Initiated today the sale of a total of 22,024,918 Veolia Environnement S.A. (VIE.PA) shares, representing 4.01% of the share capital and 4.12% of the voting rights of Veolia Environnement as of June 30, 2013, by means of a private placement through an accelerated book building for institutional investors.
01[12:03] {&Threei}  not so far will
[12:03] {RonS} out LGF .95 +.55
[12:04] {Will49} nice ron
[12:04] {dino} pretty slow day when a .40 move has us all talking, ve
[12:04] {dino} wtg ronzo
[12:04] {RonS} ty
01[12:04] {&Threei}  why, you wanted to tag along?
[12:04] {+cc_9} Keep an eye on GS for a bounce.
[12:05] {Will49} just wondering...we're likely doing Maui again
01[12:05] {&Threei}  cool
[12:06] {Will49} hope it's not too cool:)
01[12:07] {&Threei}  oh btw
01[12:07] {&Threei}  let me brag a little... http://www.oceandiscovery.ca/get-snapping-photo-contest
[12:07] {Les} gj on that vad
[12:07] {Les} frikin luckier than dino
01[12:07] {&Threei}  ty
[12:07] {Will49} congrats Vad
01[12:08] {&Threei}  :)
[12:08] {drewj} gj vad...killer pic:)
[12:08] {Les} let's go RIG
[12:08] {Les} loss of .20
[12:09] {Les} understand what dino means by fatty.
[12:09] {Will49} let's go ANYTHING
[12:09] {robbers} WTG Vad.
01[12:09] {&Threei}  thanks
[12:09] {Les} hehe
01[12:09] {&Threei}  we have a short week, right?
01[12:09] {&Threei}  Thursday off
[12:09] {Les} wtf?
[12:09] {RonS} fri early close
01[12:09] {&Threei}  explains slower than usual trading
[12:09] {Les} you commy bastards taking days of during the week?
[12:10] {Will49} hahaha
[12:10] {dino} gj vad
01[12:10] {&Threei}  I am pretty sure Thanksgiving is not a commie holiday
[12:10] {robbers} That would be Thankstaking.
01[12:10] {&Threei}  lol
[12:11] {Les} hehe robbers
[12:11] {dino} lol, especially coming from robbers
[12:11] {Will49} yeah..thanks for welfare, SNAP etc
[12:14] {Les} RIG exit flat. try and get to aikido.
[12:14] {Les} give GDX a little more time
[12:20] {+cc_9} GS slowly coming back
01[12:20] {&Threei}  will... GDX hurries as much as it can
01[12:21] {&Threei}  it might even win a race against one-legged snail in mollasses and a turtle superglued to the floor
[12:21] {Les} well its not jolly well good enough
[12:22] {Les} GLD sliding here
[12:41] {dino} zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz
[12:44] {+cc_9} TOL breaking out on daily chart (some volume too)
[12:51] {drewj} this is painfully slow
[12:52] {nemo} just coming up from my migraine for a moment, IWM has Weekly and Monthly R1 and Daily R3 right around 112.90, that and the natural 113 whole number is likely inflection area
[12:59] {Les} you can go back to yer migraine now
[13:14] {+cc_9} YAWWWWWWWWWWWWWWWWWWWWW
[13:14] {+cc_9} ...........
[13:14] {+cc_9} WWWWWWWWWWWWWWWWWWWWWWWWWN
[13:15] {Les} you got enough vol to tank a stock for us cc?
01[13:29] {&Threei}  even august was faster than today
[13:31] {Les} everyone all in?
[13:31] {Will49} indoors..yeah
06[13:31] * Les slaps Will49 around a bit with a large trout
[13:32] {Will49} sheeeesh...have to break up the monotomy somehow
06[13:32] * Les slaps Will49 around a bit with a large trout
[13:32] {Les} works for me
[13:32] {Will49} Les...send me a photo of you
[13:33] {Will49} watch Will try to get under Les' skin
[13:33] {Les} http://tinyurl.com/mxz4zy5
[13:34] {RonS} rotflol
[13:34] {Will49} wow....you are a good looking guy
[13:34] {Les} god I'm sexy
[13:34] {Will49} reminds me of someone
[13:36] {Will49} Here'mine http://www.google.ca/imgres?imgurl=http://kikiandtea.com/wp-content/uploads/nerd.jpg&imgrefurl=http://kikiandtea.com/2012/11/the-rise-of-the-nerd/&h=370&w=300&sz=34&tbnid=yFNYAZDsE_ASTM:&tbnh=118&tbnw=96&zoom=1&usg=__fKlh3mUHCQ4EtcxHq9FzjH0Rqyk=&docid=DwKO5aLgL0MNRM&sa=X&ei=GOqUUs-9PM72oATj44DoCA&ved=0CC0Q9QEwAQ
[13:36] {Les} heh
06[13:36] * Les smacks Will aroudn with a tinyurl banner
[13:37] {Will49} i think I'll go sort my socks
[13:38] {drewj} have fun
[13:39] {Will49} gotta be more exciting than this eh drew?
[13:39] {drewj} i'm watching paint dry
[13:39] {Will49} mine's better exercise
[13:39] {drewj} i'm actually watching hulu
[13:39] {drewj} catching up on my network television
[13:39] {Les} so what was cc on about?
[13:40] {Les} that HBO series... forgotten the name
[13:40] {drewj} i'm only going to trade until about 11 tomorrow ant friday...i can't take this
[13:40] {Les} think can skip friday
[13:40] {drewj} the one about the gamblers les?
[13:41] {Les} unless Russia invades the Ukraine
[13:41] {Les} maybe, what was the name drew
[13:41] {drewj} not sure
[13:42] {Les} boardwalk... found it
[13:42] {drewj} right
[13:42] {Les} steve buscemi actor I appreciate a lot
[13:43] {drewj} he's always good
[13:43] {dino} same here drew, stopping by 11 tomorrow. taking friday, monday, tuesday off
[13:43] {drewj} nice long vacation dino
[13:44] {drewj} got 4-5 inches here...ready to hit the slopws
[13:44] {dino} going south, golfing instead of hunting this year
[13:44] {drewj} slopes
[13:44] {drewj} where too?
01[13:44] {&Threei}  {slopes} what did we do to you?
[13:45] {drewj} today you tortured me with this gdx trade:)
[13:45] {Les} not bad not bad
[13:45] {Les} gld vwap is here
[13:46] {+cc_9} CAMT need this dog to crash under $5.00 already
[13:46] {Les} stilll short from this morning?
[13:46] {+cc_9} GERN tank
[13:47] {+cc_9} GERN study withdrawn prior to enrollment
[13:47] {+cc_9} pls go under $5.10 so i can pick up (GERN)
[13:47] {+cc_9} sob bouncing already ugh
[13:48] {+cc_9} CAMT good girl!
[13:49] {+cc_9} FB short ?
01[13:50] {&Threei}  .90 break... could be
[13:52] {+cc_9} she does look tired
[13:55] {+cc_9} CAMT turd flussssshhhhh
[14:02] {Les} RIG crash SOMG
[14:03] {Les} short from vwap is the lession
[14:03] {dino} rig is a pig
[14:03] {Les} playin games
[14:03] {nemo} 49.72 is 200 day on rig
[14:03] {Les} yeh know
[14:03] {Les} playing it by vad's rules and getting tossed for it
[14:03] {+cc_9} TEVA pop
[14:03] {Les} need to hit it at vwap
[14:04] {+cc_9} other than downgrade, not finding else on RIG
[14:06] {Les} want to hit it for the gap closure. not an easy trade
[14:06] {+cc_9} FB looks a little top heavy, but needs under .80 to confirm
[14:10] {+cc_9} come on FB, lose .90 bid already damn it
[14:10] {+cc_9} yes, die die die
[14:11] {Les} I sense a disturbance in the force in cc
[14:12] {Les} crap vad we ain't gonna hold GDX to stop again are we?
01[14:13] {&Threei}  shrug
[14:13] {Les} gld back into vwap
01[14:13] {&Threei}  what do you suggest?
[14:13] {Les} hmmmm
01[14:13] {&Threei}  it sat at .62 - .63 for a while
01[14:13] {&Threei}  if it bothers you this much, why not take a scalp
[14:14] {+cc_9} FB, I command you to lose .80 bid and drop to the .70s!
[14:14] {+cc_9} gooooooooooood girl
[14:15] {Les} GODDAMMIT MAN DO YOU HAVE TO BE SO LOGICAL!
[14:16] {Will49} settle down Les...no need to shout
[14:16] {+cc_9} I cannot wait to see tomorrow's volume
[14:16] {Les} pretty sure I am quoting Captain Kirk no?
[14:16] {Les} capitals for emphasis
[14:17] {Will49} ok
[14:17] {nemo} no Les
[14:17] {Les} scalp taken on FB ty cc
[14:17] {nemo} Doctor McCoy
[14:17] {Les} ah right
[14:17] {Les} remember something along those lines from one of the old movies
[14:19] {+cc_9} covered batch 45.78 +$0.19
[14:19] {+cc_9} hold rest for under .75
[14:19] {+cc_9} gj Les
[14:21] {+cc_9} shit, took my eye off GERN and it re-crashed under $5.00 for another bounce
[14:21] {+cc_9} obummer
[14:23] {+cc_9} FB no fear, smack back down
[14:23] {+cc_9} stop set @ cost on rest of position 45.97
[14:23] {+cc_9} letting her flush
[14:25] {+cc_9} GERN, you son of a fatherless ape
[14:25] {+cc_9} 13:48 cc_9 pls go under $5.10 so i can pick up (GERN)
[14:26] {+cc_9} :(:(:(
[14:26] {+cc_9} } $5.40 now, time to accidentally fall on a sharp object face first.
[14:27] {+cc_9} FB { 45.75, at least something is working
[14:28] {+cc_9} all out FB +$0.25 on rest
[14:28] {Les} sweet
[14:29] {+cc_9} pas mal
[14:30] {+cc_9} je prends ce que je peux aujourd'hui
[14:30] {+cc_9} et demain la meme chose encore, en fait, toute la semaine.
[14:31] {+cc_9} Gents, I present to you the new room Mascot, this, gents, is a what a motherless goat looks like
[14:31] {+cc_9} http://img703.imageshack.us/img703/315/ifn5.jpg
[14:31] {Les} c'est reussi, j'ai bien apprecié CAMT vendu vers .35
[14:31] {nemo} selfie there cc?
[14:32] {+cc_9} yes, arent I purdy
[14:32] {nemo} that was a different movie and species I think
[14:32] {+cc_9} soon i post the goat, nemo is back online
[14:32] {+cc_9} nemo, put the goat down.
[14:33] {nemo} no I'm sitting back in my chair away from the screens with a wireless keyboard and mouse...this headache toomuch
[14:33] {Les} bottle of JB handy?
[14:34] {Les} did the right thing throwing away the alcohol
[14:34] {Les} visited long time friend of ours
[14:34] {Les} 50, single, drinking and smoking in a pad like a brothel
[14:35] {Les} kids change us... sometimes for the better
[14:35] {dino} stml drop
[14:36] {dino} how old are your kids les?
[14:37] {Will49} he can't remember
[14:37] {Les} old enough to be setting the example
[14:37] {Les} 11 and near 13
[14:37] {dino} 13 and 16 here
[14:37] {Les} they ease up between 11 and 16?
[14:38] {drewj} 16 8 and 7 here
[14:38] {Les} big gap there in age drew
[14:38] {drewj} perfect for babysitting
[14:38] {dino} past that phase
[14:38] {Les} hehe
[14:39] {nemo} every time I tell people I want to have kids, they start writing me checks
[14:40] {Les} hehehe
01[14:40] {&Threei}  every time I tell kids I want them to startt writing chevks, they apply for orphan status
[14:40] {Les} yeh but sacrificing them in the Tao temple for target practise is not what they had in mind when offloading to you
[14:41] {Les} lol 3i bit stingy for a grandad aren't ya?!
[14:41] {+cc_9} FB dying
01[14:42] {&Threei}  1:2
[14:48] {Les} Italy as illustrated by Milan appears to be up shit creek. 20% pop. in poverty...
[14:49] {Les} if a town catering to wealthy is crapping out...
[14:49] {Les} http://tinyurl.com/nst6soa
[14:51] {+cc_9} FB looking for another trade here
[14:52] {+cc_9} VJET, can't believe we let this one slip...
[14:52] {+cc_9} one of the weirdest looking bounces on the 30mins
[14:53] {+cc_9} not even a U or W, just a line going at a 30 degree angle to the right
[14:54] {Will49} Les...loved this line from the news article: Commissioner D'Alfonso basically prefers not to comment anymore on the case, but he repeats that tax evasion in times of crisis is "morally reprehensible."
[14:54] {Will49} as if it was OK during normal times  LOL
[14:54] {Les} yeh politicians are such bastions of integrity
[14:55] {Les} but Italy is all under the table
[14:56] {Will49} no integrity anymore...anywhere!
[14:56] {Will49} oh and by the way :get off my lawn"
[14:57] {Will49} never thought I'd turn into a grumpy old fart
[14:58] {Les} is that it? thought it was a kanuck greeting
[14:58] {Les} canuck
[15:00] {+cc_9} CCJ looks like possible breakout if can get 21.15
[15:00] {Will49} hey have some respect....Capitalize that word... Canuck
[15:00] {Les} what does it mean canuck?
[15:01] {Will49} term of endearment for a Canadian
[15:01] {Les} doesn't mean anything?
[15:01] {nemo} ucky canadian backwards
[15:01] {Will49} we are not backwards:)
[15:01] {Les} WAKE UP VAD
[15:02] {nemo} think he went to get his chin stitched
[15:02] {+cc_9} any of you guys picked up RIG in the .20s ?
[15:02] {Les} wanted it short, not for a bounce
[15:03] {Will49} The Random House Dictionary notes that: "The term Canuck is first recorded about 1835 as an Americanism (American term), originally referring specifically to a French Canadian. This was probably the original meaning, though in Canada and other countries, "Canuck" refers to any Canadian."
[15:03] {+cc_9} why would you want it for a short...it always bounces near lows
[15:03] {Les} so I ignore it
01[15:03] {&Threei}  why Les?
01[15:04] {&Threei}  is there important enough anything to wake up for?
[15:04] {Les} GDX "almost" made 1:1
[15:04] {Les} damn had .61 bid and missed...
[15:04] {Will49} caerful Les.....
[15:04] {Les} waking up russian bear
[15:04] {Will49} yeah
[15:05] {Les} half cover FB here .81 ty cc
[15:06] {Les} low risk short hitting the round number short again
[15:06] {dino} twc spike
[15:06] {dino} chtr too
[15:07] {+cc_9} good job
[15:07] {+cc_9} FB is the gift that keeps on giving
[15:08] {Les} triyng for test of .70 again
[15:08] {+cc_9} CAMT negative lololol
[15:09] {+cc_9} X @ resistance/breakout on 15min
[15:10] {+cc_9} CCJ breaking out
[15:10] {+cc_9} NUAN continues to dig for minerals
[15:13] {+cc_9} ECTE price target raise lol
01[15:14] {&Threei}  OK... half out GDX
[15:14] {Les} WOOOHOOOO
[15:15] {Les} 3 and a half hours
[15:15] {Les} gotta be record for me
[15:15] {dino} twc sm s .12
01[15:17] {&Threei}  view it as patience training
[15:17] {Les} oh f7&( patience
[15:17] {Les} give me sugar rush
[15:17] {+cc_9} ok guys, lets call em
[15:17] {+cc_9} 1) we rally into the close
[15:18] {+cc_9} 2) we dump into the close
[15:18] {+cc_9} 3) we stay flat into the close
[15:18] {+cc_9} my vote : 2
[15:18] {dino} cov .90, +.22
[15:18] {dino} twc
[15:19] {Les} maybe training in letting go Vad. If that be patience...
[15:19] {dino} 4) dino doesn't stay for close
[15:19] {Les} hehehe
[15:19] {Les} never short a dull market, that's all I know
[15:20] {+cc_9} staying for the close or not, won't change the fact that the bell will ring.
[15:20] {nemo} unless the stock exchange get's blown up
01[15:20] {&Threei}  Les... if you have something better to trade, sure. As it is, I see no reason to dump a trade
[15:20] {dino} if nobody is here does the bell make a noise?
[15:20] {Les} hehehe
[15:21] {Les} well wanted to do aikido tonight, but can't be everywhere at once. made a choice
[15:21] {+cc_9} I was at the exchange a few months ago (NYSE)
[15:21] {Les} for DAS
[15:21] {Les} ?
[15:21] {+cc_9} you would be surprised that the people there at their desks don't do anything but baby sit computers
[15:21] {+cc_9} the Goldman Desk was just hanging out, doing dick
[15:22] {+cc_9} all they gotta do is make sure the algos from their nearby buildings are running smoothly
[15:22] {dino} calling it a day, thx all, bit light but profittable
[15:22] {Les} a+
[15:22] {Les} hey if they're getting paid to dick cc...
[15:22] {+cc_9} take it ez dino
[15:22] {Will49} see ya dino
[15:23] {+cc_9} dino, why do you leave before you get to read our "later dino" posts
[15:23] {+cc_9} dino, pls
01[15:24] {&Threei}  lol
[15:25] {+cc_9} X breakout continues
[15:26] {Les} Ritalin's gone and I am brain dead... er. gotta sleep
[15:27] {nemo} wow, that's a setup
[15:27] {Les} "The drugs don't work" http://www.youtube.com/watch?v=bR8XH3R95xE
[15:27] {nemo} spy looks brekoutish
[15:28] {+cc_9} nemo, look @ the VIX
[15:28] {+cc_9} its also upticking into the close
[15:28] {+cc_9} re-crashed beans
[15:29] {Les} cover fb for scalp
[15:29] {Les} cover extra quarter gdx
[15:29] {Les} want out now
01[15:32] {&Threei}  if it loses .60, it may drop much faster
01[15:32] {&Threei}  and eod is conducive to speed-up as well
[15:32] {Les} got a little left
[15:34] {+cc_9} VIX still upticking
[15:35] {+cc_9} i smell some triple fried beans EOD
[15:41] {Les} done. outta here
[15:41] {Les} a+
01[15:42] {&Threei}  Ok guys
01[15:42] {&Threei}  thank you all
01[15:43] {&Threei}  have a great evening, see you tomorrow
[15:43] {Will49} over and out
[15:46] {+cc_9} told you guys
[15:46] {+cc_9} there is SPY tanking lol
[15:47] {+cc_9} when i saw the VIX spike, it all made sense.
[15:47] {+cc_9} Have a good one

Nov 25 2013

Very strong day with many trades working to 1:3 and 1:2, and just two small stops. C, FB, GDX, CAT made the day.


Session Start: Mon Nov 25 08:47:18 2013

[09:06] {barbo} GM
01[09:06] {&Threei}  barbo :)
[09:07] {drewj} gm i mean
01[09:08] {&Threei}  drew :)
[09:11] {Will49} gm
01[09:12] {&Threei}  will :)
[09:14] {nemo} watch the game Dino?
[09:14] {Les} hey
01[09:15] {&Threei}  les :)
[09:19] {ese} GM
[09:19] {dino} gm
01[09:19] {&Threei}  ese, dino :)
[09:19] {+cc_9} Good morning all.
01[09:19] {&Threei}  cc9 :)
[09:20] {+cc_9} CAMT going nuts pre-market
[09:20] {+cc_9} (its shortable)
[09:21] {Les} sounds dangerous
[09:22] {+cc_9} I wish GDX would stop bouncing pre-open :(
[09:22] {+cc_9} want it near lows for more juice
[09:22] {dino} 3d printer launch camt
[09:22] {RonS} gm y'all
01[09:22] {&Threei}  ron :)
[09:23] {Les} try GLD around these levels CC
[09:23] {Les} if it loses .15 holding .20...?
[09:24] {Les} but GLD is waaaay oversold at the open here. good chance of bounce first
[09:24] {Les} or sideways action
01[09:24] {&Threei}  hmm? It has bounced 70 cents from pre-market lows
01[09:25] {&Threei}  about half of initial gap
01[09:25] {&Threei}  if anything, it overbounced :)
[09:25] {+cc_9} No Les, I dont trade GLD, i only trade GDX
[09:25] {Les} why?
[09:25] {+cc_9} USO will also give a good trade.
[09:26] {+cc_9} why ? because its what I do.
[09:26] {Les} what do you do?
[09:26] {+cc_9} say things that dont make sense.
[09:26] {Les} I'll stop
[09:28] {Les} cc dcc stp
03[09:28] * Retrieving #discussions modes...
[09:29] {Les} FB sell premarkat
[09:30] {+cc_9} Long GDX here
[09:31] {+cc_9} CAMT wowza...
[09:32] {Les} cc skype
01[09:33] {&Threei} Short Setup: C  .70' break
01[09:33] {&Threei}  If holds  .75
01[09:34] {&Threei} Short Setup: C  .75 break
01[09:34] {&Threei}  If holds  .80
[09:34] {+cc_9} GDX so far so good.
[09:35] {+cc_9} +$0.15 GDX, still in
01[09:35] {&Threei}  1:1
[09:36] {+cc_9} CAMT holy crap....
[09:36] {+cc_9} all out GDX +$0.20
[09:36] {drewj} market loves 3d printers
[09:36] {dino} qcom sm l .75
[09:37] {+cc_9} GDX } $22.00
[09:37] {+cc_9} USO coming back as well
[09:37] {Les} missed c and didn^t come back for me
[09:37] {Les} DT?
[09:37] {Les} setup?
01[09:38] {&Threei}  sure
01[09:38] {&Threei}  dame .76 stop
01[09:38] {&Threei}  same
[09:38] {+cc_9} short CAMT small 5.10
[09:38] {+cc_9} looking for $4.60
[09:38] {+cc_9} dangerous trade
01[09:38] {&Threei}  I mean, same as we have now after partialing
[09:38] {Les} in .68
[09:39] {Les} holding .80
[09:39] {+cc_9} CAMT die die die
01[09:40] {&Threei}  why .80? .76
[09:40] {Les} shadow up to .79
[09:40] {Les} or candlewick
[09:40] {+cc_9} CAMT needs to lose 4.75 bid for a nice flush sub 4.60
01[09:40] {&Threei}  that was first top
01[09:41] {&Threei}  second was lower one, topping out at .75
[09:41] {Les} ok, for reduced risk certainly would have been beteter
01[09:41] {&Threei} Short Setup: GDX  22 break
01[09:41] {&Threei}  If holds  .05
01[09:42] {&Threei}  Invalidated
[09:42] {+cc_9} CAMT fighting 4.75
[09:43] {Les} GLD
[09:44] {+cc_9} Les }} 09:30 cc_9 Long GDX here
[09:44] {+cc_9} ;)
[09:45] {Les} oversold in 3 and 15 boucning back into vv range
[09:45] {+cc_9} all out CAMT short +$0.45 :D
[09:45] {Les} bb range
[09:45] {+cc_9} 09:39 cc_9 short CAMT small 5.10
[09:45] {+cc_9} ;)
[09:46] {Les} GDX short 22?
01[09:46] {&Threei} Short Setup: GDX  .05 break
[09:46] {ese} rig approaching 200 ma for bounce one of these days les
01[09:46] {&Threei}  If holds  .11
[09:48] {Les} yeh that $50 level is a magnet ese
01[09:49] {&Threei}  1:1
[09:49] {ese} L adt .69
[09:49] {ese} sm
[09:49] {Les} ese RIG might provide some bounce joy here
01[09:50] {&Threei}  you in GDX Les?
[09:50] {Les} SIR YES SIR
[09:50] {Les} ty half cover
01[09:50] {&Threei}  yw
[09:51] {Les} TNA .,75 loevel looking like pivotal area here cc
[09:52] {Les} am I nuts or is this index trap closure?
[09:53] {nemo} ?
[09:53] {Les} don't worry bout me
[09:53] {Les} let's see a BTFD episode
[09:54] {Les} only my stupidity is sufficient to ellicite an effort from Nemo
[09:54] {dino} adt sm l .52
[09:55] {ese} adt stopped .40 -.29 and now shooting up bastard
01[09:55] {&Threei} Short Setup: C  .20 break
01[09:55] {&Threei}  If holds  .25
[09:56] {+cc_9} I want my CAMT short back :(
[09:56] {nemo} how many mortgage payments cc?
[09:57] {dino} adt stop
[09:57] {+cc_9} nemo, about 2, depends on location.
[09:57] {nemo} for your, seclusion shack or the manse?
[09:58] {nemo} why finnies so strong today, it's Monday?
[09:59] {+cc_9} Eco data out
[09:59] {+cc_9} pending home sales -0.6% vs est +1.%
[10:00] {Les} someone offering big at .24 to scare the bids
[10:01] {Les} other indexes lagging horse got the bit on the banksters
01[10:02] {&Threei}  SPY is about to make new lows
[10:04] {Les} vad if I see 8000 on L2
[10:04] {Les} is equivalent to 8 million shares?
01[10:04] {&Threei}  1 = 100 shares
[10:05] {Les} 800'000 then?
[10:05] {Les} no, 8 million I think
01[10:05] {&Threei}  800 000
[10:05] {Les} whatever
[10:05] {Les} hurting my brain
[10:05] {nemo} stand up Les
01[10:05] {&Threei}  why don't you settle on "a lot"
[10:06] {Les} works for me
01[10:06] {&Threei}  that's what I do... " a lot", " a whole lot"
[10:06] {Les} lotter...?
[10:06] {dino} adt sm l .00
01[10:06] {&Threei}  a wholer lotter
[10:06] {Les} phew glad got that sorted out
01[10:07] {&Threei}  ask, and...
[10:07] {drewj} who said trading is an exact science?
[10:07] {Les} mah mama said lafe is like a box of chocolates
01[10:07] {&Threei}  with smoked fish inside
[10:07] {Les} ugh
[10:08] {Les} bubba shrimp smoked chocolates hmmmm
[10:08] {ese} adt L .06
01[10:09] {&Threei}  meh C
[10:09] {Les} flagging and off to the races
[10:13] {+cc_9} "Even though I walk through the darkest valley of dips, I will fear no bids, for you are with me; your rod and your staff, they comfort me to bftd" -  jc_9
[10:13] {ese} adt stop
[10:13] {Les} c .55 previous high. FAS begins to lag
[10:17] {ese} how many times do you give a stock a shot dino before you say to H with it
01[10:17] {&Threei}  1:2 GDX
[10:17] {drewj} wtg vad
01[10:17] {&Threei}  ty
[10:19] {Will49} good call Vad
[10:22] {ese} L adt .98
[10:24] {Les} took C again but at only half volume :(
[10:24] {Les} short .28
[10:25] {RonS} ubnt sm l .74
[10:27] {+cc_9} QIHU all over the map
[10:27] {RonS} alway is...
[10:28] {+cc_9} JCP strong today
[10:31] {dino} ese, usually 3x, but everything operates on its own
[10:33] {ese} ya ...giving this one my 3x shot
[10:34] {ese} no neg news really to speak of....it should shoot up there
01[10:35] {&Threei} Long Setup:  CAT  .95 break hl
[10:36] {Les} indesxes
01[10:36] {&Threei}  If holds  .85
[10:36] {dino} ese, agreed. have to see where she goes
01[10:37] {&Threei}  Invalidated
[10:38] {ese} 16 dollar swing in 4 days.....a little excessive ....but who knows
[10:38] {RonS} on what?
[10:38] {Will49} only the shadow knows
[10:39] {ese} adt ron
[10:39] {+cc_9} UBNT trying to put a bottom in
[10:39] {+cc_9} JCP still hitting fresh highs
[10:41] {ese} adt out .35 +.37
[10:41] {Will49} nice
[10:41] {dino} gj, dstill in from .00
[10:43] {ese} L invn .74
01[10:45] {&Threei}  stop to .92
01[10:48] {&Threei}  to .86
[10:49] {+cc_9} JCP nonstop
[10:49] {Les} VXX flaaging and breaking higher intraday
[10:49] {ese} L adt .24
01[10:50] {&Threei}  1:3
01[10:50] {&Threei}  out
[10:50] {drewj} nice vad
01[10:50] {&Threei}  good thing I haven't had coffee yet
[10:50] {drewj} what is that principle where you don't interrupt?
01[10:51] {&Threei}  Vu Wei
[10:51] {drewj} ty
01[10:51] {&Threei}  GDX moved just right for my sans coffee speed
[10:51] {ese} lout adt .38 +.14
[10:52] {ese} now were even!!!!!!!!!! bastard!!!!!!!
[10:52] {ese} nothing personell you understand
[10:53] {+cc_9} we're*
[10:53] {dino} lol
[10:53] {ese} it sa justa bezznuss......whatsa matter fu you
[10:54] {Will49} noncha worry..i'm da jutch
[10:54] {+cc_9} JCP, how about a short down to $9.20 ?
[10:54] {ese} ya eh
[10:54] {RonS} ese read war & peace and didn't learn to spell...(personal*) lol
[10:54] {Les} vad C short .15?
[10:55] {Will49} ese is writing in Italian
[10:55] {ese} you gad a probleem wit dat eh?
[10:55] {RonS} now it's cajun...
[10:55] {ese} whatsa matta fu  u eh?
[10:55] {Will49} hoser
[10:55] {+cc_9} JCP big run up...no fade yet
01[10:55] {&Threei}  can't tell C
[10:56] {ese} lol
[10:56] {+cc_9} JCP short here 9.32
[10:57] {+cc_9} looking for $0.10 only
01[10:58] {&Threei} Short Setup: FB  .50 break hl
01[10:58] {&Threei}  If holds  .60
01[11:00] {&Threei}  1:1
[11:02] {ese} It would appear as though we missed the bounce  in rig les
[11:04] {+cc_9} P dumpathon since the open
[11:04] {dino} reload qcom .55
[11:05] {+cc_9} JCP does not want to fade with market fading, only up when market turns. yawn
[11:06] {+cc_9} ADT : Citigroup saying sell-off is an over-reaction
[11:06] {+cc_9} i.e : they need to dump
[11:07] {Les} funny that there stock is so strong here
[11:07] {Les} small short from .15 working
01[11:07] {&Threei}  1:2
[11:07] {nemo} adt can't get above vwap
[11:07] {Les} cover fb ty sir
01[11:07] {&Threei}  yw
[11:08] {drewj} and Vu wei to you vad...
01[11:08] {&Threei}  lol
[11:08] {nemo} gag
06[11:08] * Les smacks Nemo around with Lavender scented compliments
[11:09] {Will49} oh oh
01[11:09] {&Threei}  wow Les... talk about cruel and unusual punishment
[11:09] {Les} only the best for bunny boy
[11:09] {Will49} escalating admiration
01[11:09] {&Threei}  you know you renedered nemo unconcsious for the next 2 hours, right?
[11:09] {Les} won't see me complaining vad
01[11:09] {&Threei}  lol, didn't think so
[11:09] {nemo} won't see me coming Les
[11:10] {+cc_9} JCP come on girl...time to give it up
01[11:10] {&Threei}  FB, my darling
01[11:11] {&Threei}  give us 1:3
[11:11] {Will49} aren't we all amorous this morning?
01[11:11] {&Threei}  with all the trades earlier that will make for the best Monday possible
[11:11] {RonS} all this sweet talk is freaking me out...
[11:11] {Les} cc .25 short JCP don't think its got more downside?
[11:12] {drewj} so with half lots you still do 3 partials vad?
[11:12] {+cc_9} Les, im short JCP from 9.31, my target is 9.21
01[11:12] {&Threei}  with FB, yes, it moves wide
[11:12] {drewj} for SOP then no?
[11:12] {Les} yeh but u targeted only .10 move
[11:12] {Les} would like 2nd bounce for new entry short
[11:12] {+cc_9} All out JCP +$0.10
01[11:13] {&Threei}  sorry ron, I am checking this weird theory...
01[11:13] {&Threei}  that stocks behave when you talk nicely to them
[11:13] {+cc_9} P trying to bounce a little here
[11:14] {Les} GLD kicking bucket
01[11:14] {&Threei}  so temporary replace steel toe army boots and 2x4 with sweet talk
01[11:14] {&Threei}  so far I find them equally effective but I enjoy violence more
[11:14] {Will49} FB would be a feminine stock
[11:15] {Will49} CAT too
[11:15] {+cc_9} QCOR Citron hit
[11:15] {RonS} what about dikebook?
[11:16] {Will49} feminine stock=unpredictable
[11:16] {Will49} look out ron
[11:16] {+cc_9} QCOR tank
01[11:16] {&Threei}  Questcor Pharma Citron Research: The FTC is now investigating Questcor over Synacthen deal - Link: http://www.citronresearch.com/ftc-investigates-questcor-serious-jeopardy-for-synacthen-deal/
[11:17] {+cc_9} P keep an eye for bounce
[11:18] {Will49} nice Vad on FB
[11:18] {+cc_9} P looking for $0.25 on bounce
[11:19] {+cc_9} QCOR needs to crash harder to get some attention...
[11:19] {nemo} mmmhhh srpt
[11:20] {+cc_9} QCOR lets get a death drop under 56
[11:20] {drewj} vad for most half lot plays do you use two partials or three?
[11:21] {+cc_9} here we go, QCOR baby crash here
01[11:22] {&Threei}  usually 3
[11:22] {drewj} ok
[11:23] {+cc_9} GDX fresh lows
[11:24] {+cc_9} long P here 27.86 for reversal over $28.00
[11:24] {+cc_9} Citron running out of juice on QCOR
[11:24] {+cc_9} get it...yea
[11:29] {Les} looks like we're digesting last weeks gains. No more out of C
[11:31] {dino} ese, wait for it....out adt 41.10, +1.10
[11:31] {Will49} outstanding
[11:31] {drewj} wtg
[11:32] {Les} nice one dino
[11:32] {dino} out qcom .98, +.43
[11:32] {dino} ty guys
[11:35] {RonS} out ubnt .98 +.24 time to unleash this thing...
[11:35] {Les} gj
[11:36] {Will49} good one
[11:36] {Will49} but don't unleash your ubnt
[11:36] {Will49} his is a family room
[11:36] {Will49} this
[11:36] {RonS} lol
[11:37] {Les} damn GLD was one heck of a long at the open
[11:38] {+cc_9} FB breakout is $44.80. watching it here
[11:38] {Les} small short GLD .68 holding  78
[11:38] {Les} .78
01[11:39] {&Threei}  hakim, look private message please
[11:41] {Les} 1:1 gld
[11:41] {Les} can we break that support...
[11:45] {nemo} P drop of .80, vad if stays under .90?
01[11:46] {&Threei}  I think so
01[11:46] {&Threei}  half lot
01[11:46] {&Threei} Short Setup: FB  .55 break
01[11:47] {&Threei}  If holds  .60
01[11:47] {&Threei}  1:1 in a hurry
[11:47] {drewj} missed it
[11:48] {+cc_9} GDX slight bounce here
01[11:48] {&Threei}  will? did hover trick help this time?
[11:49] {+cc_9} SPY pls tank
[11:49] {Will49} no...was looking at P alert at the time:(
[11:49] {Will49} but am in P
01[11:49] {&Threei}  oh
01[11:49] {&Threei}  finally, pouring cup of coffee in me... now I can do stupid things faster and with more energy
[11:49] {Will49} or am i in the S?
01[11:50] {&Threei}  no... P looks right
[11:50] {Will49} :)
01[11:52] {&Threei}  1:1
01[11:53] {&Threei}  P
01[11:54] {&Threei}  isn't it a pleasure when things just work
[11:54] {Les} gotta stop working on half lots
[11:54] {Will49} no kidding?
[11:55] {Les} more full lot workies please :)
01[11:55] {&Threei}  well, size dcepends on stock's volatility
[11:55] {Will49} size counts
01[11:55] {&Threei}  we had just two half lot trades today I think
[11:55] {Les} no it doesn't
01[11:55] {&Threei}  the rest were full lot
[11:55] {Les} how u use it will
[11:55] {Will49} true too
[11:56] {Will49} not the size of the wand but the magic in it
[11:56] {Will49} old high school saying
[11:56] {Les} sweet
[11:56] {Les} you went to disneyland college?
01[11:57] {&Threei}  as one gal told me many years ago when I asked her if that was true... "how you use it counts when the size is not there" {GGG}
[11:57] {Will49} how did you know?
[11:57] {Les} ooof
[11:57] {Will49} yeah Vad..
[11:57] {Les} bit of realism from the feminine perspective
01[11:57] {&Threei}  sobering, eh? :)
[11:57] {Les} hehe
[11:57] {Les} wonder if that's why Nemo...
[11:58] {RonS} disneyland college...classic Les...
[11:58] {Les} came to mind as
[11:58] {Les} disneyland in paris once again close to closing
[11:59] {+cc_9} P double bottom
[11:59] {Will49} always struck me as a mickey mouse kind of organization anyway
[11:59] {Les} lol we bored
[12:00] {RonS} lost popularity when the guy playing goofy quit to become pm?
[12:00] {Les} hehehe not bad
[12:00] {Will49} LOL
[12:01] {Les} yeh no need to pay anymore :)
[12:01] {Will49} though he became mayor of Toronto
[12:01] {Will49} thought
[12:01] {Les} goofies everywhere
[12:01] {Les} new aussie PM graduated from the school
[12:02] {dino} brb
[12:03] {ese} just noticed adt dino....hope you hung in there on that......
[12:03] {Will49} excuse yourself dino!
[12:03] {ese} gotta go all....cya tomorrow
[12:03] {Will49} peace ese
01[12:03] {&Threei}  take care ese
[12:03] {Les} a+ ese
[12:05] {RonS} siro d'bergewhacked
[12:05] {nemo} another classic ronism
[12:05] {nemo} not to be confused with ronin
01[12:10] {&Threei}  ronin... rogue samurai
[12:13] {Les} GLD looking for lower
[12:13] {Will49} out P...tks nemo
[12:25] {+cc_9} SPY keeps licking that 181. Same channel since 10:30AM
01[12:26] {&Threei} Short Setup: SLW  .90 break
01[12:27] {&Threei}  If holds  .96
01[12:27] {&Threei}  just a scalp most likely
[12:27] {drewj} so all out at 1:1?
[12:27] {+cc_9} CAMT came back, will eye for another short this afternoon
01[12:29] {&Threei}  I think so drew
01[12:33] {&Threei}  meh
[12:33] {RonS} opk gone pulp off some article on somethin called streetsweeper
[12:40] {+cc_9} GDX surge
[12:40] {Les} into vwap
[12:42] {RonS} Jailed Ukrainian opposition leader Yulia Tymoshenko launches 'unlimited hunger strike,' her lawyer says
[12:42] {Les} lol
[12:42] {Les} sound anti-McDonalds
[12:42] {Les} sounds
01[12:42] {&Threei}  no such thing... any hunger strike is limited by definition
[12:42] {RonS} ...changing name to Bulimia Anorexia?
[12:50] {Les} hehehe there u go with that logic again Vad
01[12:51] {&Threei}  yeah... even though all my life experience says Ukraine and logic never even exchanged postcards on Christmas
[12:52] {Les} must have been hard for ya
[12:52] {Les} Canada workin out any better?
01[12:52] {&Threei}  well, what do you think
[12:53] {+cc_9} GDX rocketing
[12:53] {Les} DIA looking to break either way
[12:55] {Les} vad long c .35?
[12:55] {+cc_9} look @ that 12:48 volume on SPY
[13:00] {Les} c&h C 15 min here
[13:03] {RonS} lol...Greenpeace captain stunned at treatment in Russia after two months in prison for piracy | http://bloom.bg/1fCUpJD
01[13:06] {&Threei}  stunned at or stunned by?
[13:07] {Will49} look out fot the grammer police
01[13:07] {&Threei}  IMO, .40 break is more interesting les
[13:07] {Will49} for
[13:07] {+cc_9} SPY just tank already....jeez
[13:09] {+cc_9} lol @ headline "Topeka says FB is getting aggressive in asking users to review businesses, which the firm feels could be disruptive in the space already dominated by YELP"
01[13:15] {&Threei} Long Setup:  C  .40 break
01[13:15] {&Threei}  If holds  .35
[13:16] {+cc_9} SCTY waterfall
[13:21] {nemo} think we might get index bounces here
[13:23] {+cc_9} id much rather see a sell-off, but no takers
[13:23] {+cc_9} not even 40M shares SPY
[13:23] {nemo} look at channels from thursday friday in iwm spy,  yeah loooooow volumen
[13:23] {nemo} sheesh, spelling like Vad
[13:24] {+cc_9} SPY volume per day : http://finance.yahoo.com/q/hp?s=SPY+Historical+Prices
[13:24] {+cc_9} P slowly coming back
[13:24] {nemo} crm interesting possible here
[13:28] {+cc_9} sitting on hands for the rest of the day is a more interesting setup
[13:28] {nemo} palms up?
[13:29] {+cc_9} what ever makes you happy
[13:29] {+cc_9} JCP finally giving back its run up
01[13:30] {&Threei}  time to make a decison re: C
01[13:30] {&Threei}  kind words or violence?
06[13:30] * &Threei kicks C in the rear with heavy duty army boots
[13:30] {+cc_9} P giddy up!
[13:30] {Will49} i knew you'd revert to that!
06[13:31] * &Threei pokes C in the ribs with sharp stick
01[13:31] {&Threei}  I like variety
[13:31] {RonS} lgf going hungry
[13:31] {Les} nah cc gets off on sharp sticks
[13:31] {Will49} whatever gets us thru thenight
[13:31] {Les} weirdo he is, something dull and heavy
[13:31] {+cc_9} SCTY catching some bids
[13:32] {+cc_9} ok P, give me my damn $0.25 so I can call it a day
[13:34] {Les} outta here a+
01[13:40] {&Threei}  half out
01[13:40] {&Threei}  stop to .39
[13:40] {+cc_9} JCP there she gives up
[13:44] {+cc_9} SPY another upper intraday channel test of $181
[13:44] {+cc_9} P slowly but surely :)
[13:44] {drewj} what's up with the size of the offers on c?
[13:45] {drewj} vad?
01[13:46] {&Threei}  what';s so unusual about them?
01[13:46] {&Threei}  it's a thick stock
01[13:46] {&Threei}  has nice momentum, so those who want out offer what they have
01[13:46] {&Threei}  seeing this kind of sizes on a illiquid stock would be significant
01[13:47] {&Threei}  on C it's not
01[13:47] {&Threei}  looks how they get eaten up
[13:48] {+cc_9} SCTY slowly creeping back up
01[14:00] {&Threei}  1:2
[14:00] {drewj} good call vad
01[14:00] {&Threei}  vu wei to you all
01[14:00] {&Threei}  :)
[14:00] {drewj} should be kinda like aloha!
[14:00] {Will49} yes...nice one
[14:08] {nemo} mmmhhh things started melting up in my abscence
[14:09] {Will49} absence makes the heart grow fonder
[14:09] {Will49} also abstinence
01[14:11] {&Threei}  lol
01[14:12] {&Threei}  thanks for not adding incontinence in that list
[14:12] {Will49} hahaha
[14:17] {dino} i miss much?
[14:17] {nemo} daily melt up
[14:17] {dino} then not really
01[14:22] {&Threei}  worked fine for our trades dino
01[14:22] {&Threei}  your extremes, not so many of those today
01[14:22] {&Threei}  cc9 broke two keyboards with his chin
01[14:22] {&Threei}  and works on a desk
[14:29] {+cc_9} could not even get QCOR to tank proper
[14:35] {dino} 3i, yeah, guess you're right. does seem really slow. 07 barely moving
01[14:47] {&Threei} Short Setup: FB  .90 break hl
01[14:47] {&Threei}  If holds  45
[14:53] {nemo} mpc vad
01[14:55] {&Threei}  82 break long?
[14:55] {nemo} yeah, gap fill 82.25
01[15:01] {&Threei}  1:1 close enough, half out
01[15:01] {&Threei}  stop to .96'
01[15:02] {&Threei}  to .91
[15:03] {drewj} got to go guys
[15:03] {drewj} have a good evening
01[15:03] {&Threei}  you too drew
[15:03] {drewj} vu wei to you all
01[15:03] {&Threei}  decent day
01[15:04] {&Threei}  with vu wei
[15:04] {Will49} peace drew
01[15:04] {&Threei}  gosh... it rhymes
[15:04] {drewj} yes...thanks
[15:04] {drewj} poet and didnt' know it
01[15:04] {&Threei}  rofl
[15:09] {+cc_9} reeeeeeeeeee craaaaaaaaaaash
01[15:09] {&Threei}  nice
01[15:10] {&Threei}  love the selloff at the eod
01[15:10] {&Threei}  no news
01[15:10] {&Threei}  die FB
[15:11] {+cc_9} Breaking News " the market is down on no news "
[15:11] {Will49} lol
[15:12] {nemo} Crisis 2013:  The market is red...
01[15:12] {&Threei}  you think you are joking? there was a company, some brokerage, about 10 years ago, that used to put some news out daily,
01[15:12] {&Threei}  one day they posted: we have no news to report today
01[15:12] {&Threei}  on all major news wires
01[15:13] {&Threei}  1:2
[15:18] {+cc_9} Breaking News "Economy on the Brink, DOW hits all time highs then goes negative 20 points, Fed must STEP IN!"
01[15:19] {&Threei}  lol
[15:19] {nemo} spy pivot
[15:19] {nemo} .46
[15:20] {+cc_9} do i have to spell it again ?
[15:23] {nemo} spell what
[15:25] {nemo} your favorite acronym?
[15:26] {+cc_9} hehe
[15:26] {nemo} Les does that
[15:26] {nemo} please don't
[15:26] {nemo} do a smiley face or somethin'
01[15:26] {&Threei}  send nemo scented candle
[15:27] {nemo} you and Les got a conspiracy against me or somethin'?
01[15:27] {&Threei}  I don't discriminate... I am equal opportunity mocker
[15:28] {Will49} thye don't like poeople who drop their "g"s
[15:29] {Will49} how's that for spellin'?
01[15:29] {&Threei}  and that's just a smallest of sins...
01[15:29] {&Threei}  now, people whomix their they're/there/their...
01[15:29] {&Threei}  ugh
[15:30] {nemo} then there are those who have no eye deer how to use an article
01[15:30] {&Threei}  that would be me
01[15:31] {&Threei}  then, article is the most usless particle in the whole English language
[15:31] {Will49} article particle testicle
01[15:32] {&Threei}  its value added is akin to Pershing downgrade of HLF
01[15:33] {&Threei}  I mean have a look at my previous line, and compare it to this:
01[15:33] {&Threei}  then, article is most usless particle in whole English language
01[15:33] {&Threei}  two "thes" are out
01[15:33] {&Threei}  have you lost any meaning?
01[15:33] {&Threei}  was it more difficult to understand?
[15:34] {RonS} to the or not two thee, that is the question...
[15:35] {nemo} I think this is one of the more extreme levels of boredom here I've seen in a while
01[15:35] {&Threei}  yet quite profitable
[15:36] {dino} yes
[15:37] {Will49} sterling day Vad....gotta bail
[15:37] {Will49} see ya
01[15:38] {&Threei}  take care will
01[15:55] {&Threei}  ok guys, thank you all
01[15:55] {&Threei}  have a great evening, see you tomorrow