Sept 27 2013

Perfect end to a very good week. 6 calls, 6 wins, 3 of them are 1:3. 5 winning days out of 5, and ending with such fireworks - is there better way to go to the weekend?

01[08:55] {&Threei}  Blackberry reports $965 million loss

01[08:55] {&Threei}  who could have seen this coming

[08:58] {fish_49} good thing it was not $966 million loss...

01[08:58] {&Threei}  yeah

[09:03] {cc_9} Happy Friday everyone.

[09:03] {cc_9} & gm

01[09:03] {&Threei}  morning cc_9

[09:03] {fish_49} morning  CC

[09:03] {cc_9} Looks like a fun day ahead.

[09:03] {fish_49} your bias on direction?

[09:04] {cc_9} btfd

[09:04] {cc_9} we tested 168.91 on SPY which was our last support from Wednesday, depends if we hold it @ the open.

[09:12] {dino} gm

01[09:12] {&Threei}  dino :)

[09:20] {Will49} gm

01[09:20] {&Threei}  will :)

01[09:21] {&Threei}  what is it gold is happy about this morning?

[09:21] {cc_9} JCP selling 930M worth of stock to fund its turn-around lol

[09:24] {drewj} gm all

01[09:25] {&Threei}  drew :0

01[09:25] {&Threei}  how's daughter?

[09:25] {cc_9} SPY flush

[09:25] {drewj} little virus...back to school today

[09:25] {cc_9} market just tanked

[09:25] {drewj} thanks for asking

01[09:25] {&Threei}  :)

01[09:25] {&Threei}  no news

[09:27] {ese} I'm here ...I'm here....let the bells ring let the banners fly....i'm here

[09:27] {Alexs} gm

[09:27] {Will49} we're saved

01[09:28] {&Threei}  ese, alex :)

[09:28] {jdetente} morning guys

01[09:28] {&Threei}  jd :)

[09:28] {Will49} hi jd

[09:28] {cc_9} Look @ that FU chart on 60min

01[09:29] {&Threei}  I still can't believe this is actual symbol

[09:29] {cc_9} lol

01[09:29] {&Threei}  where there is no FUMF

01[09:30] {&Threei}  why

[09:30] {drewj} i actually just looked it up to see if that was a joke...

01[09:30] {&Threei}  or foreign stock... FUFMF

01[09:30] {&Threei}  what the...

[09:30] {drewj} :)

[09:31] {ese} lol

01[09:31] {&Threei}  is it some kind of software malfunction again?

[09:31] {Will49} yikes

[09:31] {nemo} 168.50 strong support level

01[09:31] {&Threei}  staying away for now

[09:31] {Will49} armaggdeon

[09:31] {jdetente} the end is nigh

[09:31] {Will49} or something

[09:32] {Will49} up and down likw milet cyrus' shorts

[09:32] {Will49} miley

01[09:33] {&Threei}  now, that's yikes

[09:33] {jdetente} yeah seriously

[09:33] {Will49} i'm trying too hard

[09:33] {jdetente} hmmmm

[09:33] {jdetente} interesting choice of words

[09:33] {Will49} go ahead...sara not here

[09:33] {cc_9} FU hehehe

[09:33] {Will49} :)

[09:34] {Will49} how do we know sara is a lady?

[09:34] {nemo} how do you know I'm human?

01[09:34] {&Threei}  we don't

01[09:34] {&Threei}  in latter case

[09:34] {Will49} some doubt about nemo

01[09:35] {&Threei}  we don'twatching FB for long on pullback

[09:35] {cipher} CLDX drop

01[09:35] {&Threei}  watching FB for long on pullback

[09:35] {cc_9} SPY time to flip and head back to yesterday's close

[09:35] {cipher} l .95

[09:35] {cipher} SAVE L.39

[09:35] {Will49} scary candles

[09:35] {nemo} wuss

01[09:35] {&Threei}  are we the only guys in the world seeing them?

01[09:36] {&Threei}  no single word anywhere

01[09:36] {&Threei}  not in news, CNBC or twitter

[09:36] {Will49} did somebody break in and adjust the algos?

01[09:38] {&Threei} Long Setup:  FB  50 break

01[09:38] {&Threei}  If holds  .90 

[09:39] {dino} ach sm l .00

01[09:39] {&Threei} Long Setup:  GDX  .40 break

01[09:39] {&Threei}  late

01[09:40] {&Threei}  FB 1:1

01[09:40] {&Threei}  ^%#(*&@ GDX

[09:40] {nemo} you forgot to capitalize the caret

[09:40] {jdetente} got it

[09:40] {jdetente} thanks Vad

01[09:40] {&Threei}  yw

01[09:40] {&Threei}  lifted eyes after typing and it was at .43

[09:41] {ese} L ctxs .58

[09:41] {cipher} out CLDX .40 +.45

01[09:41] {&Threei}  wtg

01[09:41] {&Threei}  wait... how can you capitalize the caret??

[09:42] {cc_9} nemo, forgot to say, good call on the gap down today

[09:42] {Will49} ridem cowboy

[09:42] {ese} out ctxs .79 +.21

[09:42] {robbers} Out FB, thanks.

[09:42] {jdetente} yeah great one Vad

[09:42] {nemo} at my age I forget what i said 5 minutes ago

[09:43] {ese} hate that stock....spread too big for my liking

[09:43] {jdetente} get off my lawn?

01[09:43] {&Threei}  1:2

01[09:43] {&Threei}  1:3 I mean

[09:43] {fish_49} ty Vad  and yea  stay off my sidewalks JD

01[09:43] {&Threei}  :)

[09:43] {cipher} out SAVE .88 +.49

[09:43] {Will49} :)

01[09:44] {&Threei}  cipher, stop it

01[09:44] {&Threei}  leave some money in the market for other kids

[09:44] {fish_49} lol

01[09:44] {&Threei} Short Setup: GLD  129 break

01[09:45] {&Threei}  If holds  .10 

[09:45] {nemo} want motion sickness, look at whr open

[09:45] {cipher} CLMT l.20

[09:45] {nemo} vad LVS

[09:46] {nemo} break of .20 me thinks, hold .10

[09:46] {nemo} if that doesn't bounce play off the whole

01[09:46] {&Threei}  spread is a bit wide

[09:46] {nemo} should tighten up soon

[09:47] {nemo} there

01[09:47] {&Threei}  why not take ,10 break aggressively

01[09:47] {&Threei}  soread tightening as it lost .10 was a good signal of reversdal

01[09:48] {&Threei}  there you go, 1:1

01[09:48] {&Threei}  Invalidated  GLD 

[09:49] {jdetente} 1:2 coming up

[09:49] {nemo} finnies grinding up

[09:52] {Will49} hi sara

01[09:52] {&Threei} Short Setup: CAT  .50 break

01[09:53] {&Threei}  If holds  .60 

01[09:53] {&Threei}  sorry will

[09:53] {Will49} egad!

01[09:53] {&Threei}  but it was a toss up between you with CAT and fish with C... it's your turn

[09:53] {Will49} tks

01[09:53] {&Threei}  gotta pick between your idiosyncrasies

[09:54] {_sara} Good afternoon

01[09:54] {&Threei}  hi sara

01[09:54] {&Threei}  missed good play earlier

01[09:54] {&Threei}  *(US) SEPT FINAL UNIVERSITY OF MICHIGAN CONFIDENCE: 77.5 V 78.0E

[09:55] {jdetente} saved for now Will

01[09:55] {&Threei}  not yet

01[09:55] {&Threei}  change to .55 CAT

[09:55] {dino} out acn .63, +.63

[09:55] {jdetente} torturing poor will

01[09:55] {&Threei}  If holds  .63 

[09:56] {Will49} arggggh

[09:57] {Will49} in .54 ")

01[09:57] {&Threei}  let's see if we can improve that stats

[09:59] {ese} spread of .60 on cigx...sheesh

[09:59] {ese} opps down to .25

01[09:59] {&Threei}  yeah, that's much better

01[09:59] {&Threei}  lol

[10:00] {ese} back to .98

[10:00] {ese} man this one would kill a rookie

01[10:00] {&Threei}  rookie shouldn't touch it with 10 ft pole

[10:00] {ese} holy doodly

[10:01] {ese} eggzactilly

[10:01] {dino} cgix spike

[10:01] {cipher} FSLR  s.81

[10:02] {nemo} that looks good cipher

01[10:02] {&Threei}  1:1

01[10:02] {&Threei}  14:19] {Will49} 4 wins 4 losses and missed entry on 5

01[10:02] {&Threei}  that's 5:4 now, will

[10:02] {nemo} spy 50 day around 168.23

[10:03] {Will49} yippee

[10:03] {nemo} you're 5 for 4?

[10:03] {Will49} I love CAT

[10:03] {drewj} stop to .53?

01[10:03] {&Threei}  .56

01[10:03] {&Threei}  why .53?

01[10:03] {&Threei}  trigger was .55

[10:04] {drewj} right

[10:04] {nemo} it's two fibonacci numbers together

[10:04] {drewj} ok

[10:04] {cipher} cov FSLR .40 +.41

01[10:04] {&Threei}  Realitytrader - healing your insecurities and teaching you to love cats from 2010

[10:04] {Will49} :)

01[10:04] {&Threei}  we have to work on Les btw, he doesn't like cats

[10:04] {dino} cipher cooking today, gj

01[10:05] {&Threei}  someone stop cipher

[10:05] {ese} speaking there off......where is the man

[10:05] {nemo} wow yoga the place to be today

01[10:05] {&Threei}  this is why we have low volumes... no one wants to come out and play anymore

01[10:05] {&Threei}  everyone's like "what's the point, cipher and dino get all the money and cool toys anyway"

[10:06] {dino} lol

[10:06] {ese} toys?

[10:06] {cipher} fslr L.43

[10:06] {Will49} meowww

01[10:06] {&Threei}  ok... "cutest gilrs"

01[10:07] {&Threei}  ok, done with CAT for now... fish, you are up next

[10:07] {fish_49} Just say no to C

[10:07] {ese} grils i get.............every guy loves car grils

01[10:07] {&Threei}  hmmm

[10:07] {jdetente} some like car grills others like Piers Morgan

01[10:07] {&Threei}  rofl

[10:07] {Will49} haha

[10:07] {ese} indeed!

01[10:08] {&Threei}  I like cars and girls

01[10:08] {&Threei}  keep piers please

[10:08] {Will49} what a dink he is

[10:09] {nemo} wow, haven't heard that in a long time

[10:09] {Will49} remember...i'm from yesteryear

[10:09] {Will49} like the lone ranger

[10:09] {nemo} yestereon

[10:09] {Will49} that too

[10:10] {Will49} from the mad men generation

[10:10] {cc_9} Long SSO here  85.15

[10:11] {nemo} you just do a partial long with the .50 so close CC?

[10:13] {cc_9} say what nemo

[10:13] {cc_9} SSO tgt 85.50+

[10:13] {nemo} the 50 day on the spy is down at .23

[10:14] {cipher} out FSLR .65 +.22

[10:14] {fish_49} your thought is it is too far away form the 50?  Nemo?

[10:14] {nemo} so I was wondering if it were a starter position in sso

[10:14] {nemo} Well, that 50 is a likely magnet for price action

[10:15] {fish_49} thanks for the answer

[10:15] {dino} vsm s cgix .74 pulp

01[10:15] {&Threei} Long Setup:  C  .90 break

01[10:15] {&Threei}  If holds  .85 

[10:15] {cipher} wfm L.93

[10:15] {fish_49} Go get'em JD  I sit this one out

[10:15] {cc_9} instant gratification SSO :D

01[10:15] {&Threei}  come on fish, face your fears

[10:16] {cc_9} nailed SSO bouce

[10:16] {cipher} SSO BTFD trade

[10:16] {cipher} nice one cc

[10:16] {cc_9} that is correct.

[10:16] {dino} mont?

[10:16] {ese} mont ..interesting ipo...up 24%today

[10:17] {cc_9} thx cipher

[10:17] {ese} make that 27

01[10:17] {&Threei}  fresh IPO

01[10:17] {&Threei}  MONT

[10:17] {cipher} WFM stopped .01 +.08

[10:17] {ese} yup 2 or 3 days

[10:17] {cipher} dltr dumping

[10:19] {ese} ahhhhhhhh haaaaaaaaa!!!!!!!!! for once i'm actually looking at stock before cipher gets to it

[10:20] {cc_9} nemo, i just see your comment

[10:20] {dino} cgix stop

[10:20] {cc_9} no i dont use any EMA or SMAs

[10:20] {cc_9} I just use volume / price action / trendlines.

[10:20] {cc_9} I keep it as simple as possible.

[10:20] {cipher} wfm s .01

[10:20] {cipher} DLTR l.54

01[10:21] {&Threei}  so progressives... who said this:

01[10:21] {&Threei}  The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure. It is a Sign that the US Government cannot pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government’s reckless fiscal policies. …Increasing America’s debt weakens us domestically and internationally.

01[10:21] {&Threei}  Leadership means that ‘the buck stops here’. Instead, Washington is shifting the burden of bad choices today onto the backs of our children and Grandchildren. America has a debt problem and a failure of leadership. Americans deserve better.

[10:21] {nemo} Obama

01[10:21] {&Threei}  end of quote

[10:21] {jdetente} before he was elected

[10:21] {nemo} 2006 I believe

[10:22] {cipher} wfm stopped .04 -.03

01[10:22] {&Threei}  Senator Barack Obama, March 2006

[10:22] {jdetente} bingo

[10:22] {nemo} not as dumb as I look...

[10:22] {nemo} I know...

[10:22] {nemo} Nobody could be THAT dumb!

[10:23] {cc_9} FU, silly name and pos, but the bounce off $7.00 was bretty good

[10:23] {dino} cgix rinsed

01[10:23] {&Threei}  move your butt, C

[10:23] {ese} nervy play dino..........was looking at that and didn't know how to approach it

[10:24] {nemo} Mmmmhhhh....the older I get the parts of my body I dont want to get stiff, get stiff, and the parts of my body I do, don't...

[10:25] {Will49} too much info

[10:25] {fish_49} TMI  Nemo

[10:25] {ese} way way way too much info

[10:25] {nemo} says the "Depends" man

[10:25] {fish_49} They make a pill for that Nemo  Forgot the color  since I have never used it

[10:26] {dino} reload cgix vsm s .75

[10:26] {nemo} oh, forgot your Alzheimer's meds today, huh minnow-brain

[10:26] {ese} lol

[10:26] {fish_49} Fish Slaps Nemo witht the left hand of _Sara

[10:26] {fish_49} Hello Sara

[10:27] {nemo} o.k. no googling on this one, what does "sarah" mean?

[10:27] {ese} perfect

[10:27] {ese} sara lee cakes

[10:27] {nemo} I believe it's "wise" or "wisdom" in Hebrew

01[10:27] {&Threei}  I just googled "no googling..." didn't get any results

[10:27] {fish_49} lol

[10:27] {fish_49} lol

[10:27] {fish_49} lol

[10:27] {ese} rotf

[10:28] {nemo} so you're rotf ing, huh?

[10:28] {ese} indeed i am

[10:29] {cipher} TFM  s.83

01[10:30] {&Threei} Long Setup:  TNA  .80 break

01[10:30] {&Threei}  kl

01[10:30] {&Threei}  hl

01[10:30] {&Threei}  If holds  .70 

[10:30] {nemo} good old T&A

01[10:30] {&Threei}  1:1

01[10:30] {&Threei}  1:2

01[10:31] {&Threei}  1:3, out

01[10:31] {&Threei}  thing of beauty

[10:31] {jdetente} magic

[10:31] {Will49} quick on your feet Vad

[10:31] {cc_9} SSO taking some off here 85.42 +$0.26 :D

[10:31] {fish_49} did not even have time to scalp it

[10:31] {fish_49} thanks Vad

[10:31] {ese} nice one chief

[10:31] {cc_9} rest on limit pending .49

01[10:31] {&Threei}  yw

[10:33] {cipher} TFM  stopped .91 -.08

[10:34] {cc_9} All out SSO. tgt 85.50 hit

[10:34] {cc_9} 10:13 cc_9 SSO tgt 85.50+

[10:34] {dino} cc9 ty sso, took .30 out of it

[10:35] {cc_9} good work dino

[10:35] {cc_9} Like I said pre-market "btfd"

[10:35] {fish_49} nice push up

[10:36] {cipher} TFM  l.03

01[10:36] {&Threei}  sheesh TNA

01[10:36] {&Threei}  can I have it back?

[10:36] {fish_49} only if u take back C

01[10:36] {&Threei}  C 1:1

[10:36] {fish_49} ohhhhh

[10:37] {fish_49} can I have it back?

01[10:37] {&Threei}  told ya... work through your fears and walk through your pain

[10:37] {fish_49} I will I took baby step yesterday for a scalp right?

01[10:38] {&Threei}  yes but you should have taken second step today

[10:38] {fish_49} the day is not over

[10:38] {cipher} out TFM .27 +.24

[10:38] {fish_49} you usually make 20 - 30 C calls  a day  just because I don't like C

[10:38] {fish_49} lol

01[10:39] {&Threei}  with 4 winning trades two of which were 1:3... maybe let's call it a day? :)

[10:39] {cc_9} Good Lord, TSLA near $200

[10:43] {drewj} where is stop on c?

01[10:43] {&Threei}  .89

01[10:43] {&Threei}  after 1:1 stop is trailed to the trigger

01[10:44] {&Threei}  after 1:2 stop is trailed to 1:1

[10:44] {drewj} and if it hits 1:2?

[10:44] {drewj} still stop at trigger?

[10:44] {jdetente} same formula one cent below 1:1

01[10:44] {&Threei}  [10:44] {&Threei} after 1:2 stop is trailed to 1:1

[10:44] {drewj} ok

[10:44] {drewj} awesome morning btw

[10:44] {drewj} ty

01[10:45] {&Threei}  yw

[10:45] {jdetente} yeah we're rockin and rollin

[10:45] {fish_49} Good work Drew

01[10:45] {&Threei}  followed everything by the book?

[10:45] {drewj} again by the book...i get what you meant

[10:45] {drewj} just trade with the team

[10:45] {dino} gj

01[10:45] {&Threei}  does it become easier?

[10:45] {drewj} absolutely

01[10:46] {&Threei}  great to hear

01[10:46] {&Threei}  in a month you won't believe you used to find it difficult

01[10:46] {&Threei}  in two you won't be able to remember what it was you struggled with

[10:47] {Will49} true dat

[10:47] {drewj} i trust that will be the situation:)

[10:47] {fish_49} after you get it all down Drew, we will work on your other weakness

01[10:47] {&Threei}  enough folks went through that to confirm :)

01[10:47] {&Threei}  C 1:2

[10:47] {drewj} sounds like a good plan...

[10:48] {fish_49} I noticed you are way too polite and don't insult Nemo enough

[10:48] {dino} lol

[10:48] {drewj} i really enjoyed the last few days which is nice

[10:48] {cipher} regn l .308.50

[10:48] {ese} thats gotta make you feel loved nemo

[10:48] {drewj} i will be sure to put him down more when i get better at this:)

01[10:48] {&Threei}  it does become enjoable when you stop fighting market and yourself

[10:49] {drewj} he really deserves it and strangely seems to like it

01[10:49] {&Threei}  trading is not a fight

[10:49] {fish_49} Good Observation Drew

[10:49] {nemo}  ?

[10:49] {Will49} CAT fight for me :)

[10:49] {nemo} love?

01[10:49] {&Threei}  in fact, I am sure I have written an article about that...

[10:49] {nemo} What is good?

[10:50] {drewj} what article?

01[10:50] {&Threei}  ah yes

01[10:50] {&Threei}  http://blog.realitytrader.com/2012/02/is-market-battlefield-for-you.html

[10:50] {ese} CAT fighting?

[10:50] {nemo} To crush your enemies, to see them driven before you, and to hear the lamentations of their women. 

[10:50] {fish_49} no   ...  Insulting Nemo

[10:50] {fish_49} it's on page 147

[10:50] {Will49} hate trading CAT

01[10:50] {&Threei}  I start typing some thought and have this vague feeling I already wrote about that, lol

[10:50] {drewj} got it here

[10:52] {ese} i've read that article...........i'm usually in a calm confident state until i get to this board......then i start nashing my teeth.....tense up ....and wanna get at it

[10:52] {nemo} that's projection from your marriage

[10:53] {ese} lol

01[10:53] {&Threei}  lol

[10:53] {Will49} his wife has a contract out on him

[10:53] {Will49} she asked me to do it but I was busy sorting my socks

01[10:53] {&Threei}  you are doing rather well supressing your violent instincts, ese

[10:54] {ese} tks

01[10:54] {&Threei}  I noticed yiou haven't even tried to defend Obama today

[10:54] {ese} life is tough all over then you die

[10:54] {fish_49} Speaking of Obama

[10:54] {ese} have had enough of you lot on that subject....

[10:55] {Will49} Obama is a dink

01[10:55] {&Threei}  worse yet - after you die, you come back as a bat

[10:55] {fish_49} So is dink the cousin of Dork?

[10:55] {ese} have just come to accept the fact that you all just don't think he's a good man..........(ese ducks)

[10:55] {Will49} yeah...how did you know?

01[10:55] {&Threei}  why, he might be a good man

[10:55] {fish_49} lol

01[10:55] {&Threei}  horrible president is what we are saying

[10:55] {fish_49} ok  ok  So we know Obama made it to heaven  here is my proof

[10:56] {nemo} look, politician's suck. They all have to lie to get elected and stay elected.  My cow theory of politics at work

[10:56] {Will49} oh so true

[10:56] {fish_49} An old man dies  (Not Will)  and he makes it up to the gates  and notices a bunch of clocks as he enters the gates

[10:56] {ese} political system in the US is preventing him from doing a good job.......can't get anything done

01[10:56] {&Threei}  lol

[10:56] {fish_49} He asked Peter what is with all the clocks

01[10:56] {&Threei}  is this your latest consolation?

[10:57] {nemo} Remember: 84% of the people have average, to less than average intelligence, but 100% of them think they are smart

[10:57] {Will49} and excellent drivers

01[10:57] {&Threei}  I say he has done enough to screw up whatever good left

[10:57] {fish_49} Peter replies  well that one over there is Abe Lincoln's clock  the hand only moved two ticks  because Abe told two lies

[10:57] {fish_49} see that clock over there? it's the clock of Mother Teresa she never told a lie and the hand has not moved

[10:58] {fish_49} the guy (Again  not Will) says  where is Obama's  clock?

[10:58] {fish_49} Peter points up and says "We are using it as a ceiling fan"

[10:58] {ese} lol

[10:58] {Will49} haha

[10:58] {fish_49} its ok to laugh Nemo it was funny

[10:58] {Will49} good joke other than your references to old will

01[10:59] {&Threei}  variation of an old rissian joke

[10:59] {fish_49} yea  Putin clock on turbo

[10:59] {fish_49} lol

01[10:59] {&Threei}  where wife asked same question and was told that clocks reflect the number of times husbands cheated on them

01[11:00] {&Threei}  when she asked about her husband clock, answer was: we haven't rfeally see it, it was more like a chopper and flew away

[11:00] {cc_9} oh hey guys

[11:00] {fish_49} I wont touch that,  Wife might read the board later

[11:00] {cc_9} look @ that FU I was talking about @ the open 

01[11:00] {&Threei}  C 1:3

01[11:00] {&Threei}  out

[11:00] {fish_49} rub it in Vad

01[11:00] {&Threei}  oh I will

01[11:00] {&Threei}  count on it

[11:00] {fish_49} Revising Trading Plan

01[11:00] {&Threei}  this is third 1:3er today

[11:00] {fish_49} Line #9  take all C trades

01[11:00] {&Threei}  lol

[11:01] {ese} thats a nice pullback from the lows cc

[11:02] {cc_9} ese, yes

[11:02] {cc_9} let me show you chart I drew pre-market for entry

[11:02] {ese} k

[11:02] {cc_9} http://img209.imageshack.us/img209/1778/yih0.jpg

[11:02] {cc_9} This is what I used for long entry, simple trendline

[11:03] {cipher} REGN stopped 308.80 +.30

[11:03] {fish_49} what was your entry again CC?

[11:03] {cc_9} FU was 7.47

[11:04] {ese} support / resistance line you mean

[11:04] {cc_9} sold 8.05

[11:04] {cc_9} Fish, FU trade entry/exit }}} http://img546.imageshack.us/img546/593/k6w2.jpg

[11:04] {cc_9} I missed the second boat again @ the $7.00s, was busy with SSO 

[11:05] {ese} nice one cc.........it's fun watching you work

[11:05] {nemo} Since good men are scarce and bad men

[11:05] {nemo} are the majority, the good the Sages do to the world is little and the evil great.

[11:05] {Will49} out C on trail...tks Vad

[11:05] {ese} gj will

[11:06] {fish_49} and the hammer back on the 23rd was what got you looking?  So you seen it falling like a knife and wanted to find the right place to enter?

[11:06] {cc_9} will post more of these kinda plays 

[11:06] {Will49} am getting better at hangin' in there for 1:2 and 1:3s

[11:07] {robbers} Will, how did you find the discipline for that?

[11:07] {Will49} i set a goal at start of trading

[11:08] {Will49} goal is to get as many 1:2 and 1:3 as possible

[11:08] {ese} he's a man of steel robbers

[11:08] {fish_49} change that ese

[11:08] {fish_49} he's an oldman of steel

[11:08] {Will49} AND don't look at your p & l

[11:09] {ese} when you meet him you'll see what i mean.....shows up in a superman outfit

[11:09] {Will49} best advice Vad ever gave me

[11:09] {Will49} OK batman!

[11:09] {Will49} you should see ese and me in a bar...lots of attention

[11:10] {ese} gotta go all.....have an early friday schedule.....take care have a great weekend eh!

[11:10] {Will49} peace

[11:10] {fish_49} take care ese

[11:10] {ese} will fish

[11:11] {robbers} Appreciate the thoughts, Will, I'll try to work on that.

[11:13] {Will49} np

01[11:13] {&Threei}  I worked out this method of teaching

01[11:13] {&Threei}  I say random things and some of them work

[11:13] {fish_49} carry big stick?

01[11:14] {&Threei}  those that don't well, I say, "hmm, then let's try this"

01[11:14] {&Threei}  also, I ask what folks do and tell them not to do that

[11:14] {Will49} that "random" advice of hiding the p&l really re-focussed me Vad

01[11:15] {&Threei}  in that case, I asked will what he does when enters a trade

[11:15] {nemo} wow, for FAS to have a .70 range

01[11:15] {&Threei}  he started listing step by step,

01[11:15] {&Threei}  and I said "oh no, don't do that"

01[11:15] {&Threei}  It happened to be looking at P/L

01[11:16] {&Threei}  scard to think would could have happened if he said "having breakfast"

[11:16] {Will49} or a shower

[11:17] {robbers} No showers allowed.

[11:17] {Will49} no kidding

01[11:17] {&Threei}  stems from another old russian joke, of Gorbachev times

[11:17] {Will49} and i thought the cost of a shower was only water and electricity!

01[11:18] {&Threei}  during his visit, farmers complained about chickens dying

01[11:18] {&Threei}  He saud, oh, no worry, just draw a red square on the barn wall.

01[11:19] {&Threei}  They did... in a week he called to find out how it worked and they said, no change, still dying

[11:19] {dino} last try sm s .cgix .85

01[11:19] {&Threei}  He said, ah, OK, then draw a green circle

01[11:19] {&Threei}  week later, same call and same answer,

01[11:19] {&Threei}  so he gives third recipe, draw a blue triangle

01[11:20] {&Threei}  Week later, he phones, they say, well, no more adice needed, last of them dies.

[11:20] {Will49} hahaha

01[11:20] {&Threei}  He: ohhh, too bad, I had so many great ideas still...

[11:20] {Will49} lol

[11:21] {Will49} a joke with 2 punch lines

[11:21] {fish_49} end of joke?

[11:21] {fish_49} lol

[11:24] {Will49} fish..i think we insulted Vad

[11:24] {Will49} at least you did:)

[11:24] {nemo} insult Vad?

[11:24] {Will49} oxymoron?

[11:25] {fish_49} he didn't kick me out of the room yet...  Maybe he is just thinking about it

01[11:25] {&Threei}  I never think about it

[11:25] {Will49} yeah, we're close to the line

01[11:25] {&Threei}  if there is a reason, I just do

[11:26] {Will49} no warning, eh?

[11:26] {fish_49} {------- Back to behaving mode

01[11:26] {&Threei}  nope... what is it, kindergarten?

01[11:26] {&Threei}  think of it as a mafiosi advice about gun

01[11:26] {&Threei}  never take it out to threaten

[11:31] {cipher} SDS l.22

[11:33] {dino} acn sm l .76

[11:35] {cipher} REGN s .57

[11:37] {cipher} SDS stopped .16

[11:42] {cipher} REGN  double top on daily

[11:42] {cipher} if loses 307 should slide considerably

[11:49] {cipher} REGN target 3 bucks min

[11:50] {dino} i'll be out at 306

[11:51] {cipher} are you in dino?

[11:51] {dino} sm s .00

[11:51] {dino} you have the hot hand today, i am paying attention

[11:55] {_sara} FCX c&h i

[11:55] {_sara} could be

01[11:55] {&Threei}  yes

01[11:56] {&Threei}  I'd short it with .50 stop

[11:59] {cipher} sds l.17

[12:01] {dino} acn to .25

[12:02] {dino} out acn .25, +.49

[12:10] {cipher} REGN to 306

[12:10] {dino} tough to cover

[12:11] {cipher} 305 should trigger some stops

[12:11] {cipher} just bid dino, simple

[12:11] {dino} cov .oo, +1, ty cipher

[12:11] {cipher} np buddy

[12:12] {dino} missed your picks last two months, you weren't posting much. glad you are now

[12:12] {cipher} :)

[12:12] {cipher} been busy trading the picks :)

[12:12] {dino} i understand

[12:13] {cipher} my SDS is starting to look better

[12:18] {jdetente} you should get that looked at by a doctor

[12:18] {drewj} ha

[12:19] {drewj} rofl

[12:19] {drewj} omg that was funny

[12:19] {drewj} hey vad...

01[12:20] {&Threei}  ?

[12:20] {drewj} when you are looking at a setup which is more important...the stop placement or the trigger

01[12:21] {&Threei}  both are just parts of the setup

01[12:21] {&Threei}  without any of them there is no trade

01[12:21] {&Threei}  none is more or less important, they need to be there

[12:22] {drewj} when i am looking at setups that you play many times the triggers are clearer to me than the stops...

[12:23] {drewj} you just never take a trade with wider than a 10 cent stop?

01[12:23] {&Threei}  sometimes

01[12:24] {&Threei}  but mostly I am looking for ranges where stop can be 5-10 cents

[12:24] {Will49} so if trigger is 1 cent below and 1 cent above, the minimum risk is 12 cents?

[12:24] {drewj} are the stops on a long play support at a lower level? 

[12:24] {Will49} 1 cent above stop

[12:24] {drewj} how do you recognize them?

01[12:25] {&Threei}  ?

01[12:25] {&Threei}  not sure I underatsnd the question

[12:26] {drewj} ok 

[12:26] {drewj} what is important when looking for a stop?

[12:26] {drewj} just tight range?

01[12:26] {&Threei}  chart configuration determines the stop placement

01[12:26] {&Threei}  111 Trades course shows it all

[12:27] {cipher} CTXS drop

[12:28] {Alexs} drew looks like you don't read anytjhing just asking

[12:28] {drewj} i'm trying to determine how the stop relates to a valid setup

[12:29] {drewj} alex  ?  you mean vad's books?

[12:29] {Alexs} vad's the best

[12:29] {drewj} no argument there

[12:29] {fish_49} if he pays you for saying that Alex  you have  to share

[12:30] {Alexs} and trading room instructions it's free

[12:32] {cc_9} SPY, here comes the push

01[12:34] {&Threei}  you word the question stranely, drew...

01[12:34] {&Threei}  "how the stop relates to a valid setup"?

[12:34] {drewj} i know that

01[12:34] {&Threei}  stop is a part of it

[12:35] {jdetente} maybe he's asking about deciding between 5 cent stop and 10 cent stop?

01[12:35] {&Threei}  it doesn;t relate to a setup any more than, say, yout wife relates to your family

01[12:35] {&Threei}  she is just a part of it

[12:35] {fish_49} may I try to explain?

[12:35] {drewj} ok

[12:35] {fish_49} I will anyways

01[12:35] {&Threei}  to me? no

01[12:35] {&Threei}  I don't want to understand :)

[12:36] {fish_49} Think of the stop as a point in where you would say "Oooops  I was wrong"

[12:36] {drewj} right

[12:36] {drewj} nice job

[12:36] {drewj} so where do you get that number?

[12:37] {fish_49} from my hat

01[12:37] {&Threei}  from the chart

01[12:37] {&Threei}  you read 111 Trades

[12:37] {cipher} REGN round 2 

01[12:37] {&Threei}  there are chart configurations shown in that

[12:37] {cipher} SPY double top

01[12:37] {&Threei}  they demonstrate how you dertive both trigger and srtop levels from the chart

01[12:38] {&Threei}  look at those configurations again

01[12:38] {&Threei}  you'll see them

[12:38] {drewj} in the book the examples are clear but when i look at charts throughout the day it is not so clear

[12:38] {dino} drew, from risk:reward, ex. i risk .25 for reward of .25

[12:39] {nemo} reading charts in a dynamic situation is more difficult because of the immediacy of the situation

[12:39] {nemo} you have to make decisions

[12:40] {drewj} so if the chart does not fit the parameters of those outlined in the book then you do not take the trade?

[12:40] {nemo} tunnel vision develops

01[12:40] {&Threei}  correct

[12:40] {drewj} right nemo

[12:40] {Alexs} so do you have 111 trades drew?

[12:40] {drewj} yes

[12:40] {Alexs} just read it 

[12:41] {drewj} i believe i start to look for those setups in too short of a timeframe...like nemo said...tunnel vision

[12:42] {nemo} forest for trees, look at bigger time frames 5 and 15 minute and daily

[12:43] {drewj} that was going to be my next question...how do you view the setups in relation to different time frames

01[12:43] {&Threei}  wait

01[12:43] {&Threei}  when you look at let's say 1 minute chart,

01[12:44] {&Threei}  do you see whole day on your chart? or jujst last xx min?

[12:44] {drewj} i try to look at the whole day but tunnel vision does develop

[12:45] {drewj} the later in the day it is the harder it gets

[12:45] {nemo} go out to the longer time frames see where support and resistance are then move in to the smaller time frame where you trade

01[12:45] {&Threei}  look at FCX

[12:45] {drewj} on it

[12:45] {dino} cern animal

01[12:46] {&Threei}  at 11:56 sara asked abloit inverted C&H

[12:46] {drewj} she was right

01[12:46] {&Threei}  can you identify it?

01[12:46] {&Threei}  where cup is

01[12:46] {&Threei}  where handle is

01[12:46] {&Threei}  where trigger is

[12:46] {drewj} yes i was watching that one

01[12:47] {&Threei}  see where stop should be placed after trigering?

01[12:47] {&Threei}  you have it all right then

[12:47] {cc_9} time to get long the market, vote whispers should be out

[12:47] {drewj} i remember you said .50

01[12:47] {&Threei}  not sure why you question your own vision

01[12:48] {&Threei}  just watch for these patterns, recognize them and trades will become very clear

[12:48] {drewj} because the higher low at 11:38 is well above .50...

01[12:48] {&Threei}  but then there is anothe low

[12:48] {fish_49} how can I share a jpg file,  I have a good example that he will understand

01[12:48] {&Threei}  11:49

01[12:49] {&Threei}  it formed new resistance

01[12:49] {&Threei}  this is extremely simplistic system

01[12:49] {&Threei}  in fact, so simple, people don't believe me this is all I trade on

[12:49] {drewj} so the stop was the most recent high

[12:50] {nemo} btw, this is support for  fcx

01[12:50] {&Threei}  a bit more nuanced than this, but never mind that fornow

[12:54] {nemo} cern

[12:54] {fish_49} https://plus.google.com/photos/115107886423602693276/albums/5928346598813289137/5928346601600576818?banner=pwa&pid=5928346601600576818&oid=115107886423602693276

[12:54] {fish_49} drew look at that pic

[12:54] {fish_49} tell me when you seeit

[12:54] {drewj} ok

01[12:54] {&Threei}  You do not have permission to view this album.

[12:54] {drewj} i requested access

01[12:55] {&Threei}  I would never do that

[12:55] {Alexs} fish is it access to your trading room?

[12:55] {nemo} nke

01[12:56] {&Threei}  open the gate on my approach or grenade launcher will do that

[12:56] {drewj} i bet it has a lot of vad's calls in it

[12:56] {fish_49} try again Drew

[12:56] {drewj} i see it

[12:56] {fish_49} lets say we want to take it long at the break of .50  

[12:56] {cipher} CTXS bouncing

[12:57] {fish_49} where would we be wrong?

[12:57] {drewj} .40

01[12:57] {&Threei}  depends on who we are... if we are nemo, everywhere

[12:57] {fish_49} bingo  so our stop would be of the break of .40

06[12:57] * nemo racks slide

[12:57] {fish_49} so your asking  always 10 cents?

06[12:57] * &Threei lifts grenade launcher

[12:58] {fish_49} that just happened to be a 10 cent range

[12:58] {drewj} kind of

[12:58] {nemo} I can shoot farther than that launcher can launch

[12:58] {drewj} so the most recent range DOES determine the stop?

[12:58] {fish_49} so what vad is saying  is  that in any stock there is a place  to put a stop  but he searches  for trades  that  have a 5 to 10 cent risk  

[12:59] {drewj} so it's the range within the setup...

[12:59] {fish_49} correct

01[12:59] {&Threei}  within my risk tolerance

[12:59] {drewj} which is usually .10

01[12:59] {&Threei}  for the suze I want to trade, yes

01[13:00] {&Threei}  size

[13:00] {fish_49} there have been times  when we would see more than 10 cents Drew

01[13:00] {&Threei}  I may go for 15 cents setup but I will cut down shares size

[13:00] {fish_49} but you have  to look in the direction your taking the stock to make sure there is equal amount of reward available

[13:00] {cipher} CTXS l.29

[13:00] {drewj} which is the distance to the next support or resistance?

[13:01] {cc_9} ok, here comes the push

[13:01] {fish_49} if your sitting up against  another resistance level 7 cents up  would you take the trade risking 10 cents  to earn 7?

[13:01] {cc_9} algos warming up

[13:01] {drewj} the reward i mean

[13:01] {fish_49} correct Drew

[13:01] {drewj} so basically you are comparing the most recent support and resistance levels to further out support and resistance levels?

[13:02] {fish_49} that pick happens  to be a JBE setting up  

[13:02] {fish_49} somewhat  but you have  to quantify the level

[13:02] {drewj} quantify...how?

[13:02] {cipher} CTXS stopped .25 -.04

[13:03] {fish_49} how strong does the next level of support or resistance look?

[13:03] {dino} cern sm s .13, stop hod

[13:03] {fish_49} what did price do last time it was there?

[13:03] {drewj} on fcx?

[13:03] {fish_49} that was not FCX in the example

[13:03] {Alexs} Vad you can leave now fish will finish the day

[13:04] {drewj} ha

[13:04] {fish_49} if I'm wrong  samck me

[13:04] {fish_49} sometimes  noob speaks the language of another noob

[13:04] {fish_49} lol

[13:04] {drewj} the picture i'm looking at is pretty small

06[13:04] * &Threei is scared to ask what "samcking" involves

[13:04] {Alexs} lol

[13:05] {drewj} don't ask don't tell

[13:05] {fish_49} you don't want to know Vad  if you really want to know  we should get Alex  to demonstrate on Nemo

[13:05] {dino} cov cern .73, +.40

[13:06] {fish_49} but really  Drew you don't need to worry yourself about that  for a few months...  I promise  you one thing...  If you take the trade and then evaluate later after hours  and ask Why did vad call a stop there, you will see it in time

[13:07] {drewj} it's cool...

[13:07] {fish_49} and after 6 months your eyes will go right to the stop on the chart and you wont even need to ask

[13:07] {fish_49} Time is the key

[13:07] {fish_49} look watch and evaluate

[13:07] {drewj} i got at what i was asking about

[13:07] {fish_49} coool

[13:07] {fish_49} {-------back to being a nooob

[13:07] {cipher} DXCM l.92

[13:08] {Alexs} back to samcking

[13:08] {fish_49} lol  

[13:08] {drewj} i don't want to watch

[13:08] {cc_9} SPY HH & HL since 10AM

[13:09] {nemo} actually last swing high was  a tad lower

01[13:09] {&Threei}  scrolling through today's jokes, I nominate for the first prize this one:

01[13:09] {&Threei}  [12:57] {fish_49} where would we be wrong?

01[13:09] {&Threei}  [12:57] {&Threei} depends on who we are... if we are nemo, everywhere

[13:09] {nemo} IWM and finnies forming a pennant

[13:10] {Alexs} rofl

[13:10] {cc_9} nemo, yes. SPY wall for now is ~ 169.10

[13:10] {cc_9} that's yesterday's low level EOD and today's high level

[13:10] {cc_9} so 169.20 is our breakout range all the way to 169.70

[13:11] {fish_49} I caught that Vad but is it a joke or reality?

[13:11] {drewj} i thought jd's SDS joke was pretty damn funny

[13:12] {cc_9} here nemo : http://img30.imageshack.us/img30/1886/iex.JPG

[13:12] {nemo} If I had to take a guess, I'd say it's gonna' drop

[13:12] {Will49} thought our rule was that you can't nominate your own jokes

01[13:13] {&Threei}  that was close contender, drew

[13:13] {cc_9} I think we go up nemo

01[13:13] {&Threei}  but since this one was mine, I eleted it

01[13:13] {&Threei}  elected

[13:13] {drewj} of course

[13:13] {cc_9} we crack that wall .10s and should push to get suckers back in

[13:14] {fish_49} https://plus.google.com/u/0/115107886423602693276/posts

[13:14] {fish_49} one more pic Drew

[13:14] {Will49} shamefull promoter you Vad:)

[13:14] {drewj} ok

[13:14] {fish_49} this was the result

[13:14] {fish_49} it came back to test the breakout area

[13:14] {nemo} who's the ugly guy standing next to the fish?

[13:14] {nemo} fish

[13:15] {fish_49} that's my twin

[13:15] {drewj} :)

[13:15] {cc_9} SPY cracking HOD here 

[13:15] {cc_9} $0.20 to go

[13:15] {cc_9} i mean $0.02*

[13:15] {Alexs} which one is you fish in the right hand?

[13:16] {fish_49} left

[13:18] {cc_9} FU slowly creeping as well

[13:19] {cc_9} SPY hitting wall, back under 169.10. yawn

[13:19] {cipher} out DXCM .39 +.47

[13:19] {nemo} it's the weakness in IWM and the finnies

[13:20] {cipher} REGN to 305

[13:20] {fish_49} do we rally into the close or drop as deadlines are approaching for our lovely government to act

[13:21] {cc_9} We rally fish

[13:21] {fish_49} ty for your opinion

[13:21] {cc_9} lol np

[13:22] {cc_9} we all know the outcome of the vote

[13:22] {cc_9} deadline or not

[13:22] {cipher} REGN target 304 -ish

[13:22] {fish_49} I'm looking to get long on a pullback on the YM or NQ but just did not have the courage to pull the trigger

[13:23] {cc_9} oh, well, in that case, close your platform and watch some cartoons

[13:23] {Alexs} lol

[13:23] {fish_49} or finish cutting grass

[13:23] {fish_49} lol

[13:25] {cipher} regn TO 304.50

[13:26] {fish_49} still in?

[13:26] {cipher} you bet 

[13:26] {dino} gj

[13:27] {Chaeron} cc - pm

[13:27] {Chaeron} Good morning all... sorry... forgot my manners

[13:28] {nemo} well, when you ferry dead people around all day

[13:28] {nemo} cern might be shortable here

[13:28] {fish_49} What time zone are you on Chaeron?

[13:29] {nemo} Stygian

[13:29] {cipher} cov REGN 304.55 + 3.02

[13:29] {fish_49} great  Cipher

[13:29] {Chaeron} Been here awhile... just busy as heck... Pacific - 

[13:29] {fish_49} Cipher  what share size  do you use when trading a stock with that price?

[13:29] {cipher} [11:49] {cipher} REGN target 3 bucks min

[13:30] {cipher} if I tell ya I'd have to kill ya

[13:30] {cipher} proprietary info

[13:30] {fish_49} ok

[13:31] {cipher} let's say smaller than usual size

[13:31] {cipher} REGN is an animal

[13:31] {fish_49} you tamed it

[13:31] {cipher} but if you learn to tame it...

[13:31] {cipher} it magically turns into an ATM

[13:32] {cipher} with that said, i'm done

[13:32] {cipher} did ok today

[13:32] {cipher} good weekend all

[13:33] {fish_49} take care enjoy the weekend

01[13:33] {&Threei}  take care cipher, good job'

[13:34] {Will49} peace cypher

[13:35] {dino} 'gj cipher

[13:41] {fish_49} another push up

[13:42] {fish_49} maybe not

[13:42] {fish_49} lol

01[13:43] {&Threei} Short Setup: GLD  .10 break

01[13:43] {&Threei}  If holds  .20 

01[13:43] {&Threei}  let's do hl

01[13:43] {&Threei}  not that it's too volatile, I just want to preserve profit ahead of the weekend

[13:52] {cc_9} CERN holy crap

[13:53] {dino} watching that

[13:53] {fish_49} they make medical testing equipment?

[13:53] {cc_9} intraday shorts getting fried

[13:54] {dino} wow contract for hospital group, cern

[13:54] {cc_9} CERN no profit taking yet since noon

[13:55] {cc_9} yes, news is big, but look @ the buying volume that came in affter 1:45PM

[13:56] {cc_9} Taking a CERN short gamble here bc why not

[13:56] {dino} fish, hospital info company

[13:57] {fish_49} yea  I thought I heard my wife mention that name

[13:57] {cc_9} there has got to be some profit taking at some point

[13:57] {dino} i het it a little while ago, 53.13 to 52.63

[13:58] {cc_9} uh oh, $55s

[13:59] {cc_9} gona look to cover under 54

[14:00] {dino} cern sm s .56

[14:00] {cc_9} sell it boys sell

[14:01] {Alexs} trail GLD to .16?

[14:01] {nemo} #2 on the twits

01[14:01] {&Threei}  yes

[14:02] {cc_9} .30s, come on down

[14:02] {fish_49} out in full thanks Vad

01[14:03] {&Threei}  yw

[14:03] {cc_9} .30s, come on down

[14:03] {cc_9} .20s bid, come on down

[14:03] {cc_9} covering half at 54.18

[14:03] {cc_9} rest under 54

[14:04] {cc_9} lovely

[14:04] {cc_9} .10s, come on down

[14:05] {dino} cov cern .16, +.40

[14:05] {cc_9} 54.10 come on down

[14:06] {cc_9} gj dino

[14:06] {dino} ty, u2

[14:06] {cc_9} in case it hits 54 and bounce, all out 54.10 rest

[14:07] {cc_9} i will regret it, but $ is $

[14:07] {cc_9} FUUU*****

[14:07] {Alexs} fish you're braking tha rules

[14:07] {cc_9} CERN { $54

01[14:07] {&Threei}  1:1

01[14:07] {&Threei}  this is what, 5:5 today?

[14:07] {fish_49} no  Alex  I just not in the sharing mood today   Pay you half  tomorrow

[14:08] {cc_9} CERN dying under $54

01[14:08] {&Threei}  Alex, don't fall for it... mood has nothing to do with it

[14:08] {cc_9} I can't think of a better short entry than the one we had here, kudos

[14:08] {dino} cgix sm s .85 ave

01[14:08] {&Threei}  let them skip one payment on "mood" basis, tomorrow you will have to break a klot of arms to restore the sharing mood

[14:09] {fish_49} yea  but  I don't want to be a liar  Vad   tomorrow is Saturday and I know he wont be here

01[14:09] {&Threei}  lol

[14:09] {fish_49} actually Alex, I scalped it, you are the one that should be sharing

01[14:11] {&Threei}  1:2

[14:11] {drewj} totally awesome day vad.  thanks.

01[14:12] {&Threei}  drew... this is one of the cleanest setups where you should be able to see all the levels very clearly

[14:12] {drewj} i'm going to take off.

[14:12] {drewj} have a great day

[14:12] {dino} cov cgix .44, +.41

01[14:12] {&Threei}  good to hear you were able to take full advantage of it

[14:12] {fish_49} Have a great weekend Drew

[14:12] {drewj} bye all

[14:12] {dino} gj drew

[14:13] {Will49} out at 1:2 gotta go..leaving for Arizona

[14:13] {cc_9} Chaeron check privvy, pw reset

[14:13] {Will49} be back online next Mon or Tues

01[14:13] {&Threei}  got some road money today will, eh? :)

[14:13] {Will49} oh yeah!

[14:13] {dino} cya will

01[14:13] {&Threei}  when are going to be back to Victoria?

[14:13] {Will49} tks Vad...nice day

[14:13] {Will49} Nov 4th

[14:13] {fish_49} take care WIll

01[14:14] {&Threei}  ok,,, let's plan something

[14:14] {Will49} tks Fish

01[14:14] {&Threei}  tasty and sprckled with alxcohol

[14:14] {Will49} yeah Vad...sounds good!

01[14:14] {&Threei}  have a safe trip, say hello to C

[14:16] {dino} med

[14:17] {dino} too fast

[14:17] {fish_49} wow  what a skinny stock

01[14:19] {&Threei}  if will still was here, he would say "I had a girlfriend like that once"

[14:19] {fish_49} lol

[14:19] {fish_49} Sara are you there?

[14:19] {Alexs} is he actually 75?

01[14:20] {&Threei}  yes Alex

01[14:20] {&Threei}  you wouldn't think so though if met him

[14:20] {Alexs} yeah I saw him on your picture

[14:21] {fish_49} Sara not around Alex

[14:21] {fish_49} I was going to tell her about the rules in where she needs to share with us

[14:22] {nemo} Everybody, thank the Queen for being such a good sport!

[14:22] {fish_49} thanks Queen

[14:22] {fish_49} what did she do Nemo

[14:22] {nemo} flashbacks

[14:24] {fish_49} gonna log out for the day

[14:24] {fish_49} thanks for a great Day Vad

01[14:24] {&Threei}  yw sir

[14:24] {fish_49} take care all

01[14:24] {&Threei}  have a great weekend

[14:26] {robbers} I'm taking off, too, thanks much.

01[14:27] {&Threei}  yw robbers, have a good one

[14:29] {nemo} you might want to try bounce play on cern in .20 to .30 area

[14:42] {_sara} Good weekend all

[14:42] {_sara} bye

[14:42] {dino} cya

[14:42] {dino} one thing, we had more action this afternoon than rest of week

[14:43] {cc_9} CERN

[14:43] {cc_9} there goes another mortgage

[14:44] {dino} yeah, we covered that about 1.50 too soon

[14:45] {cc_9} All your fault dino

[14:45] {dino} always is

[14:45] {cc_9} looking @ the chart, could actually play out as a long trade here from this big fade

[14:45] {cc_9} gona grab long here

[14:45] {cc_9} will try to dump } $53

[14:45] {nemo} yeah, just bounced at vwap

[14:52] {cc_9} CERN sideways for 10mins

[14:52] {cc_9} lets see if consolidation

[14:52] {nemo} doesn't sideways=consolidation?

[14:53] {cc_9} going up/down is not consolidation, correct nemo

[14:53] {cc_9} sideways is

[14:53] {nemo} so somebody who is getting fat, thus growing sideways, is just consolidating?

01[14:54] {&Threei}  lol

01[14:54] {&Threei}  chaeron, look pm

[14:54] {cc_9} i have yet to meet someone who is growing down

[14:55] {dino} lol

[14:56] {nemo} http://read.bi/178PJFU

[14:59] {cc_9} lol

[14:59] {cc_9} Obama to speak at 3PM

[14:59] {nemo} I think it would be more of a story if he didn't speak on a given day

01[14:59] {&Threei}  lol

[15:00] {cc_9} if anyone has a stocktwits account, please PM this guy and tell him to stfu

[15:00] {nemo} which guy?

[15:00] {cc_9} 10.5k+ posts always hindsight bs

[15:00] {cc_9} http://stocktwits.com/1nvestor

01[15:00] {&Threei}  not lately,... but first term of his, there was a good reason why we had this "guess who's on tv" standing joke daily

[15:01] {cc_9} every stock i go to i have to see his dumb face posting some sh*t that supposedly thinks will make him look smart

[15:01] {nemo} hey CC how can you get the DAS charts to show a fixed amount of bars in a window...mine always keep adding bars and they get scrunched

01[15:01] {&Threei}  just click + on the chart

[15:02] {cc_9} Which bars ? If you can show me a screen shot it would help

01[15:02] {&Threei}  7s buttion from the left

[15:02] {nemo} I want it to show a fixed number of 1 min bars

[15:02] {nemo} and never vary having the time frame just pass through

[15:03] {cc_9} you can zoom in hitting the + button on the top

[15:03] {cc_9} or use the mouse wheel on your mouse

[15:03] {cc_9} as a new minute closes, it will add a new candle/bar, which is normal i would think

[15:03] {nemo} Yes I know, but I wanted to just set it as fixed so that I always have a set number.

[15:04] {cc_9} So when a new minute forms, you want it to push the last one back and keep the same #s to view ?

[15:04] {nemo} yes

[15:05] {nemo} so, I always want say 60 bars

[15:05] {cc_9} arent you picky

[15:05] {cc_9} well, like I said, each mouse wheel tick = 1 bar

[15:05] {nemo} lazy more like it

[15:05] {cc_9} so every minute push the mousewheel 1 tick

01[15:05] {&Threei}  he wants what in Married with Children was called Kelly's brain

[15:05] {cc_9} as far keeping a fix #, I dont think can do that by default

[15:05] {dino} just want kelly

01[15:05] {&Threei}  lol

[15:07] {dino} fete drop

[15:07] {dino} feye

[15:09] {cc_9} CERN go already...

[15:12] {nemo} fas doing a pole dance around vwap, sheesh

[15:12] {dino} fuel blood

01[15:13] {&Threei} Short Setup: TNA  .60 break hl

01[15:13] {&Threei}  If holds  .70 

[15:13] {nemo} you can't short tna

01[15:13] {&Threei}  cipher can

[15:13] {nemo} wow

01[15:13] {&Threei}  cc_9 can too

01[15:14] {&Threei}  can you?

[15:14] {nemo} holy shit, they never used to allow that

[15:14] {dino} cov remainder cgix .91, +.94

[15:14] {nemo} whoa! I'm sporting wood

[15:14] {Alexs} I can short it

01[15:15] {&Threei}  you are obsolete nemo

06[15:15] * nemo crawls into cave

06[15:15] * nemo shuts door

01[15:15] {&Threei}  1:1

06[15:15] * nemo pulls blanky over head

06[15:15] * nemo grabs teddy

[15:15] {cc_9} ugh

06[15:15] * nemo sucks claw

[15:16] {nemo} oh crist, bunny's coughing

[15:16] {dino} fuel news?

01[15:17] {&Threei}  not that I see

[15:21] {nemo} my nephew just called to let me know how things are going

[15:21] {nemo} he's working 90 hour weeks, so I never see him

[15:21] {nemo} so he calls to keep in touch, oy vay

[15:21] {dino} wow

[15:22] {nemo} graduated from vocational high school in June in hvac...one of only two kids in the program working in his field...he got two jobs

[15:22] {dino} awesome

[15:23] {nemo} yeah, he's a good kid

01[15:23] {&Threei}  he has to be exceptional, to overcome the influence of an uncle

[15:23] {nemo} I'm a little worried he might burn out a bit and get sick, but, he's getting good experience.  He's working with a coupla' old-timers and they like him

[15:23] {dino} nemo toughened him up, good for him

[15:24] {nemo} well, he got dealt some tough cards

01[15:24] {&Threei}  probably, but I couldn't miss such a chin, could I

[15:24] {nemo} did you say something Vad?

[15:24] {dino} bus stop time, back in ten or so

[15:25] {nemo} iwm looks long now

01[15:25] {&Threei}  no... I tyoed something but I already forgot what it was

01[15:25] {&Threei}  typed

[15:25] {nemo} I hope it was an attempt at an insult, as weak as it may have been

01[15:26] {&Threei}  well, it was quite similar to your yesterday's shot at drew

01[15:26] {&Threei}  so either that was weak too

01[15:26] {&Threei}  or mine was just as good

[15:26] {nemo} ahhh, powder puff shot anyway, then

01[15:26] {&Threei}  make your pick

[15:26] {nemo} "take" your pick

01[15:26] {&Threei}  whatever you prefer

[15:27] {cc_9} CERN here we go

[15:27] {cc_9} need to crack .70s

[15:27] {cc_9} Anyone here still in CERN ?

[15:31] {cc_9} lol ok then

[15:32] {nemo} SMB Capital @smbcapital

[15:32] {nemo} funny line from the prop desk: maybe President Obama will say something about $JCP

[15:37] {cc_9} someone asked me earlier what i thot about EOD : BTFD

[15:37] {nemo} what's 3:30 without a rally

[15:40] {dino} ricks cabaret new 52 wk high. hee, hee

01[15:40] {&Threei}  (IR) Iran President Rouhani and US President Obama had a phone conversation regarding the nuclear issue - Iran news agency/Rouhani tweet

[15:41] {nemo} how do you say fuck you in Farsi?

01[15:41] {&Threei}  farsiuk you?

[15:41] {dino} exactly nemo. o being the big sucker on this one

[15:41] {nemo} on muslim helping out another

01[15:42] {&Threei}  - President Obama confirms conversation took place; repeated to Iran President that there are many obstacles, but confident can reach a diplomatic solution on the issue

01[15:42] {&Threei}  well... I guess Nuclear Iran is all but certain

[15:42] {cc_9} CERN, finally

[15:44] {cc_9} going flat everything, calling it a week

[15:44] {cc_9} you guys have a great weekend

[15:44] {dino} you too cc9, gj

[15:44] {cc_9} enjoy your evening, cio

01[15:44] {&Threei}  you too

[15:48] {dino} adios all, thx for ideas, good day

01[15:52] {&Threei}  thank you all, have a great weekend

[15:52] {Alexs} gn

[15:52] {jdetente} good week. see everyone Monday

[15:52] {Alexs} ty Vad

01[15:53] {&Threei}  :)

Sept 26 2013

Pretty boring day as volume has been strangely low. The day was about flat to slightly positive for us, as decent morning was followed by lackluster afternoon with a few stops.



Session Start: Thu Sep 26 00:00:00 2013

[09:09] {dino} gm
[09:10] {RonS} gm
01[09:10] {&Threei}  dino, ron :)
[09:12] {fish_49} GM all
01[09:12] {&Threei}  fish :)
[09:23] {ese} gm
[09:23] {Will49} gm
[09:23] {+cc_9} gm folks
[09:23] {ese} ah ha...beat ya
01[09:23] {&Threei}  ese, will, cc9 :)
[09:23] {cipher} gm
01[09:23] {&Threei}  cipher :)
[09:27] {drewj} gm
01[09:27] {&Threei}  drew :)
[09:27] {drewj} chelenj02
[09:27] {+cc_9} Looking for a bounce in LLY today
01[09:29] {&Threei}  GDX forming inverted C&H
[09:29] {jdetente} morning all
01[09:29] {&Threei}  jd :)
01[09:29] {&Threei}  with .45 break
01[09:29] {&Threei} Short Setup: GDX  .45 break
01[09:29] {&Threei}  If holds  .55
[09:32] {bryl} morning
01[09:33] {&Threei}  bryl :)
01[09:33] {&Threei}  man, you are missing great market action
[09:33] {+cc_9} grabbing some GMCR 76.50
01[09:34] {&Threei} Short Setup: GLD  .55 break
[09:34] {bryl} yeah I read the logs
01[09:34] {&Threei}  If holds  .65
01[09:35] {&Threei}  is market open?
01[09:35] {&Threei}  strangely slow
[09:35] {+cc_9} GMCR cracking 77.00 , out half +$0.50
[09:36] {+cc_9} Out rest GMCR 77.30 +$0.80
[09:36] {+cc_9} Man do I love this stock or what
01[09:36] {&Threei}  wtg
[09:37] {jdetente} good stuff cc
[09:38] {+cc_9} thanks guys
01[09:39] {&Threei}  finally
01[09:40] {&Threei}  1:1
[09:40] {ese} nice one cc
[09:40] {cipher} SDS l.84
[09:42] {drewj} so stop is .56?
01[09:42] {&Threei}  half out and stop to .56, yes
[09:45] {dino} wprt sm l .00
[09:47] {cipher} SDS stopped -.04
01[09:47] {&Threei} Short Setup: GDX  .55 break
01[09:47] {&Threei}  If holds  .65
01[09:50] {&Threei}  I don't think we had such slow opens even in the summer
[09:50] {fish_49} out gld  thanks Vad
[09:50] {jdetente} that was a fair bit of insolence from GLD..2 cents from 1:2
01[09:50] {&Threei}  yw
[09:50] {jdetente} we will take full  share of candy later
01[09:51] {&Threei}  yeah, was fully ready to crash
[09:51] {jdetente} and here it goes haha
01[09:51] {&Threei}  actually, does just that now... lol
01[09:52] {&Threei} Short Setup: C  .25 break
01[09:52] {&Threei}  If holds  .30
[09:53] {nemo} bbby
[09:53] {nemo} looks short under .70
[09:53] {cipher} SDS l.79
01[09:54] {&Threei}  1:1
[09:54] {fish_49} out in full thanks Vad
01[09:55] {&Threei}  wiw fish... you overcome your distaste for C
[09:55] {fish_49} only scalps  lol
01[09:55] {&Threei}  wtg
[09:56] {ese} tibx position from monday working nicely L .51 +.43 so far
01[09:56] {&Threei}  wtg
[09:57] {cipher} REGN s 304.18
01[09:58] {&Threei}  good read on BBBY
01[09:59] {&Threei}  come on C, let's make fish regret taking scalp
01[09:59] {&Threei}  also, we need to grab as much as possible before Alex comes in
01[09:59] {&Threei}  *(US) AUG PENDING HOME SALES M/M: -1.6% V -1.0%E; Y/Y: 2.9% V 6.3%E
[09:59] {jdetente} GDX not behaving
[09:59] {ese} oh oh
[10:00] {cipher} cov REGN 302.52 +1.65
[10:00] {RonS} wtg gj
01[10:01] {&Threei}  - Prior MoM revised lower from -1.3% to -1.4% - Prior YoY revised lower from 8.6% to 8.5%
[10:01] {cipher} REGN my personal ATM
[10:01] {Will49} yesir cipher
[10:01] {jdetente} stopped GDX. Let's get 1:2 on C
[10:01] {ese} i'll say
01[10:01] {&Threei}  gj cipher
[10:01] {cipher} ty
01[10:01] {&Threei}  didn't GDX invalidate?
[10:01] {jdetente} I didn't see that before it triggered
[10:01] {jdetente} did it?
01[10:01] {&Threei}  9:51
01[10:01] {&Threei}  .67 high
[10:01] {jdetente} sigh
[10:02] {jdetente} or d'oh choose one
[10:02] {fish_49} C getting help from the indexes
[10:02] {nemo} IWM all time high in target
[10:02] {fish_49} if it behaves the way I want it to and falls to .96 I will be a believer again
[10:02] {nemo} IWM at major-ass resistance
01[10:02] {&Threei}  JPMorgan Chase and Co No settlement announcement expected today - CNBC- Earlier reports said that CEO Dimon was meeting with US Atty Gen Holder today to discuss a comprehensive settlement
01[10:03] {&Threei}  what do they settle? still that london whale trade??
[10:04] {cipher} WDC  l.53
[10:04] {RonS} thinking its the mbs thing...
01[10:04] {&Threei}  ah
[10:05] {cipher} WDC stopped .59 +.06
[10:06] {+cc_9} BBRY, pretty decent bounce from the abyss
[10:07] {ese} just looking at that cc
[10:08] {ese} abyss would be the nicest way to describe it
01[10:08] {&Threei}  Jabil Circuit Inc Guides initial FY14 $2.36-2.60 v $2.66e - conf call summary- Faced with potential of having to disengage with BlackBerry entirely (2nd largest customer).
[10:09] {ese} ouch
[10:09] {ese} to bad......i liked that company
01[10:09] {&Threei}  BlackBerry Canada pension funds said to be holding talks with Fairfax Financial regarding acquisition of Blackberry - press- Ontario Teachers and Alberta Investment funds reportedly only want parts of Blackberry, not interested in whole company
[10:09] {cipher} GLNG l.03
01[10:09] {&Threei}  it's dead
01[10:09] {&Threei}  it might still be walking but it's dead
[10:10] {ese} yup
[10:10] {fish_49} parts are worth more than the whole
[10:11] {ese} at least though if there is a positive here it's the fact that it went broke being legitimate.....not like and Enron or Nortel where the public was mis led
[10:11] {cipher} GLNG stopped .08 +.05
[10:12] {ese} doesn't help the share holders but......
[10:12] {fish_49} what killed them? what is it that people don't like about their devices?  Screen size?
[10:13] {nemo} de
[10:13] {ese} thats a good question
[10:13] {fish_49} when it comes to OS security they beat IOS and Android by far
[10:13] {ese} for security encription it can't be beat.....
[10:13] {RonS} de what?  long or short?
01[10:14] {&Threei}  just de
[10:14] {ese} US govt uses them
[10:14] {RonS} some agencies letting employees go to aapl
[10:14] {nemo} Boehner on the tube
[10:14] {ese} yes
[10:15] {jdetente} GDX red bars nice
[10:16] {cipher} TNA L .80
[10:16] {fish_49} market bounce what did cry baby Bonner say?
[10:16] {cipher} SSO L .59
[10:17] {ese} marketing geniuses at apple i guess fish......look at beta and VHS....beta was much better format yet the marketing geniuses convinced the public other wise
01[10:17] {&Threei}  I think it's more than that in this case
[10:18] {ese} whats your take vad
[10:18] {Will49} now boys...
[10:18] {cipher} tna stopped -.11
01[10:18] {&Threei}  RIMM stayed too long with their keyboard thingy while AAPl's touch screens won hearts and minds
[10:18] {ese} ya true eh
[10:18] {cipher} SSO stopped -.08
01[10:18] {&Threei}  and when RIMM followed, it was too late, market share was lost
[10:18] {nemo} frickin' ebay
01[10:19] {&Threei} Short Setup: C  .10 break
[10:19] {ese} ya very good point
[10:19] {fish_49} blackberry people love that keyboard  but perhaps not enough of them.  IT guys love it because of the security built into the OS
[10:19] {ese} yup
01[10:19] {&Threei}  If holds  .20
[10:20] {ese} didn't they have a 2 or 3 day shut down of service......that was the turning point
01[10:20] {&Threei}  AAPL turned their phone and then tablet into new way of interacting with world
[10:21] {fish_49} yea awhile back  it shook the world
01[10:21] {&Threei}  RIMM was same old same old, e-mail, messenger, whatever
[10:21] {ese} ya vaguely recall that
01[10:21] {&Threei}  it lost excitment part
[10:22] {nemo} I just saw 56 5/16 go by on my T&S
01[10:22] {&Threei}  one year blakcberry folks were the coolest
[10:22] {ese} i communicate the old fashion way.....i walk over or drive over to someones house
[10:22] {fish_49} yea  everyone had to have them
01[10:22] {&Threei}  next year they became old boring suits
[10:22] {ese} security encription that way can't be beat
[10:22] {fish_49} I just use my shoe phone
[10:22] {cipher} RGDO L .55
[10:22] {ese} lol
[10:23] {ese} Maxwell Smart style
[10:23] {fish_49} was that Maxwell Smart that had a shoe phone?
[10:23] {fish_49} yea
[10:23] {fish_49} lol
01[10:23] {&Threei}  as far as phones are concerned, I move backward
[10:23] {ese} think so .....
[10:23] {cipher} SDS l.77
[10:23] {fish_49} I was gonna ask Will I'm sure he can recall that
01[10:23] {&Threei}  had this ancient motorola, flip phone
01[10:23] {&Threei}  lost it
[10:23] {ese} ouch
01[10:24] {&Threei}  found one I used before that
[10:24] {Will49} same to you fish
01[10:24] {&Threei}  not only it's prehistoric,
01[10:24] {&Threei}  it doesn't even have blue tooth in it
[10:24] {ese} wow
01[10:24] {&Threei}  so now I am unreachable during driving
01[10:24] {&Threei}  and happy about that
[10:25] {fish_49} good
[10:25] {fish_49} Maryland starts no cell use  while driving
[10:25] {fish_49} in October
01[10:25] {&Threei}  we have it
01[10:25] {&Threei}  for a year or two I think
[10:25] {fish_49} I guess I can no longer drive with knees and text
[10:25] {ese} but nobody follows it
[10:25] {Will49} Victoria's new law: can't drive if you have blue hair
[10:26] {RonS} ya same here...every single woman on the road is on the phone...
[10:26] {ese} was almost hit the other day again on my bike by some women talking on one while driving
[10:26] {Will49} your wife has a contract out on you ese
[10:28] {ese} the thing thats really bad about the keyboards on a cell phone is that....when your driving its a bitch trying to type with your toes.....
[10:28] {ese} thats the part i found hardest
[10:28] {ese} manipulating the thing with your feet
[10:28] {fish_49} some lady was yelling and screaming at me  the other day while I was driving
[10:29] {fish_49} I told her if she don't like the way I drive then get the hell off the sidewalks
[10:29] {Will49} lol
[10:29] {ese} lol
[10:29] {RonS} channeling Will?
[10:29] {Will49} :)
[10:29] {Will49} get the hell off my lawn
[10:30] {nemo} ebay double top
[10:30] {fish_49} C 5 minute  almost looks like DB
[10:30] {ese} lol
[10:32] {cipher} TNA s .49
01[10:32] {&Threei}  oh, and one more thing about RIMM
01[10:33] {&Threei}  I thought it was over when they advanced an argument that they are very popular in India and someplace else because their internet is slow and can't handle iphone
01[10:33] {&Threei}  how pathetic
[10:33] {fish_49} lol
[10:33] {fish_49} lol
[10:33] {fish_49} 2nd class phone
[10:33] {fish_49} lol
[10:34] {fish_49} RIMM used to be the hot popular stock to day trade 4 years ago
01[10:34] {&Threei}  we got our fair share from it
01[10:34] {&Threei} Short Setup: JPM  52 break
[10:35] {cipher} cov TNA .19 +.30
[10:37] {ese} didn't see that argument
[10:38] {ese} seems to me its correct
[10:38] {dino} sds hl l .80
[10:39] {ese} if i recall correctly.......they have internet through barbed wire cable don't they
[10:39] {dino} bax sm l .75
[10:41] {fish_49} so if JP Morgan settles before October 12, will we still need to raise the debt ceiling?
[10:41] {fish_49} lol
01[10:41] {&Threei}  let's trail to .16
01[10:41] {&Threei}  this is annoying
[10:42] {cipher} still holding SDS :)
[10:43] {cipher} had a hunch
[10:44] {cipher} REGN s 305.50
[10:44] {cipher} waterfall
[10:45] {ese} nice jump sds cc
[10:45] {+cc_9} ese yes
[10:45] {+cc_9} nice market pullback, another scalp opp
[10:45] {cipher} not yet imo
[10:46] {ese} yup
[10:46] {cipher} this is going lower
[10:46] {cipher} SP target is 1693
[10:46] {fish_49} whats driving this selloff?
01[10:46] {&Threei}  JPM 1:1
[10:46] {ese} is there news on it
[10:46] {ese} sds that is
[10:46] {cipher} don't care
[10:46] {cipher} it's price action
[10:46] {ese} rotflol
[10:47] {ese} yup
[10:47] {+cc_9} good answer chipher
[10:47] {jdetente} C came around by the way
[10:47] {cipher} just watch the tape
[10:47] {+cc_9} that is always the answer
[10:47] {fish_49} out JPM in ful
[10:47] {fish_49} thanks Vad
[10:47] {+cc_9} grabbing SSO for a scalp
01[10:47] {&Threei}  yw
[10:47] {+cc_9} 86
01[10:47] {&Threei}  no news at all
[10:47] {jdetente} nice calls
[10:48] {cipher} scalp only imo
[10:48] {cipher} more selling coming
[10:48] {+cc_9} looking for $0.15 on SSO
[10:49] {cipher} can I have my tna short back?
[10:49] {ese} 1 per customer
01[10:50] {&Threei}  lol
01[10:51] {&Threei}  as salesperson in good ole USSR would say, "you are many, I am but one"
[10:51] {ese} hmmmmm interesting saying
01[10:52] {&Threei}  another one, addressing someone who tries to put away rotten produce while picking fresh:
[10:52] {+cc_9} Come on SSO, need $0.07 more
01[10:52] {&Threei}  and who is going to buy that? stop pickingm take 3 good ones and 1 rotten
[10:53] {ese} ok now......thats goofy
01[10:53] {&Threei}  that's reality
[10:54] {ese} i'm giving that a maybe
01[10:54] {&Threei}  want to ask anyone who lived there?
[10:54] {cipher} round 2
01[10:54] {&Threei}  what maybe, this is how it was
[10:54] {ese} i'm afraid your my only contact
[10:55] {cipher} fasten your seatbelts
[10:55] {ese} you were kinda forced to take the rotten one
[10:55] {fish_49} up or down Cipher?
01[10:56] {&Threei}  when I hear all these discussions about how socialism might not be a bad idea, I want to grab all idiots musing about that by the collar and put them in that reality for a month
[10:56] {cipher} down
[10:56] {ese} ya which way you going C
[10:56] {fish_49} He didn't mean you Alex
01[10:59] {&Threei}  here is a picture for you ese, while we are waiting for 1:2 on JPM
[10:59] {+cc_9} any 169.50 print on SPY should trigger a reversal, same as yesterday
[10:59] {ese} ok
01[10:59] {&Threei}  you want to do a grocery shopping
01[10:59] {&Threei}  1:2
01[11:00] {&Threei}  bread - make sure you are in the store before 10 am or between 5 and 7 pm, othjerwise shelves are empty
[11:00] {cipher} SPY new low
01[11:00] {&Threei}  cheese - 1 or 2 kinds, mostly stale and hard
01[11:01] {&Threei}  sausage, 2 kinds, be very careful not to get week-old one
01[11:01] {&Threei}  meat - forget it, go to farmer market, desirably before 8 am
[11:02] {drewj} sorry to interupt..is stop .81 now?
01[11:02] {&Threei}  fruit - apples, pear, you don't get to pick, you tell a salesperson how much you need, you are handed a mix of fresh and rotten
[11:02] {cipher} here we go folks
01[11:02] {&Threei}  no, .91
[11:02] {ese} that would have been hard
[11:02] {ese} we certainly have never experienced that reality here
[11:03] {fish_49} our parents did  in the 40's
[11:03] {fish_49} Will may have
01[11:03] {&Threei}  1:3,ut
01[11:03] {&Threei}  out
[11:03] {Will49} fish...just get the hell off my lawn:)
[11:03] {fish_49} lol
[11:03] {ese} lol
01[11:03] {&Threei}  milk - take somethign to pour it into, go the place where they brong a barrel on wheels, stay in line for an hour. Has to be done around 6 am
01[11:04] {&Threei}  that's central planning for you
[11:04] {fish_49} is it still that way today Vad?
01[11:04] {&Threei}  no
01[11:04] {&Threei}  stores are full now, problem is jobs
[11:04] {cipher} almost there
01[11:04] {&Threei}  and decent salaries
01[11:05] {&Threei}  drew, handled 1:3er as per manual?
[11:05] {drewj} textbook
01[11:05] {&Threei}  high five
[11:05] {fish_49} awesome Drew
[11:05] {fish_49} great job
[11:05] {drewj} right back at you
01[11:05] {&Threei}  that's just grocery part ese
[11:05] {+cc_9} new SSO cost 85.91
01[11:06] {&Threei}  want to know how you would buy a car?
[11:06] {ese} mafia
[11:06] {+cc_9} SPY 60min looks pretty scary
01[11:06] {&Threei}  no... I am talking about USSR, no mafia yet
[11:06] {fish_49} with a screw driver  Vad?
[11:06] {dino} gj drew
[11:06] {dino} out sds .05, +.25
[11:06] {drewj} thanks guys
[11:06] {Will49} nice job drew
[11:06] {+cc_9} Let me find you guys
[11:06] {cipher} out SDS 36.07 +.30
[11:07] {+cc_9} a post that is extremely interesting about the action today
[11:07] {+cc_9} yesterday and the day before
01[11:07] {&Threei}  assuming you managed to get money for it, whtihc is no small feat considering that car cost 5-6K and your salary is 150/month,
[11:07] {+cc_9} every day for the past 3 days, market tanked around 11AM
[11:07] {cipher} SSO l.80
[11:07] {cipher} for a scalp
[11:07] {+cc_9} someone is triggering the same program around this time
[11:07] {ese} agreed cc
01[11:07] {&Threei}  you apply for it, and are given a place in the line, about 3-5 years long
[11:08] {ese} LADA
01[11:08] {&Threei}  yup
[11:08] {fish_49} I bet no smog problems then
01[11:08] {&Threei}  huge
[11:08] {ese} on the contrary
01[11:08] {&Threei}  from all the plants with no envuronmental protection whatsoever
[11:08] {fish_49} if no cars  why smog?
[11:08] {cipher} cov REGN 303.71 +1.79
[11:08] {fish_49} factories?
01[11:08] {&Threei}  yes
[11:08] {fish_49} ahhhh\
[11:09] {dino} coal
01[11:09] {&Threei}  JPM, what a perfect target hit
[11:09] {ese} teaching collegue in Manitoba had one.....that one vehicle was the smog problem for all of Manitoba
[11:09] {fish_49} When I first arrived in Korea in 1983 it was that way  but  very clean country now
[11:13] {+cc_9} SPY, needs fast a furious reversal here
[11:13] {cipher} want .95 on SSO
[11:13] {+cc_9} $0.20 for b/o
[11:13] {cipher} come on SPY
[11:14] {nemo} think I'll go beat the bunny
[11:14] {Will49} is that code for something?
[11:15] {nemo} today's pivot is the WS1 in spy
01[11:15] {&Threei}  don't give him ideas will
[11:15] {cipher} where is that nemo?
[11:15] {nemo} I just thought I'd throw it out there
[11:15] {nemo} 169.30
[11:15] {cipher} hmm
[11:16] {cipher} out SSO .86
[11:16] {cipher} thx nemo
[11:16] {nemo} np, hold on  I'll give you some levels for today
[11:16] {cipher} k
[11:16] {ese} ok am off the phone....soooooo.......summarizing vad.....you prefer to live here where I can show up on your door step anytime un announced.........?
[11:17] {cipher} looks like the elevator is going lower
[11:17] {ese} oh....and will as well
[11:17] {ese} ahhhh....and dp
[11:18] {cipher} I'm out of ideas today
01[11:18] {&Threei}  well, that's certainly a downside ese... but you would have to work hard to outweigh all that
[11:18] {cipher} will call it a day
[11:18] {cipher} did pretty well
01[11:18] {&Threei}  wtg cipher
[11:18] {ese} rotflol
[11:18] {Will49} nice work
[11:18] {fish_49} have a great day Cipher
[11:18] {ese} nice one C
[11:18] {fish_49} We wont tell Alex about your earnings
[11:18] {cipher} lol
[11:19] {cipher} cya tomorrow
01[11:19] {&Threei}  notice, I haven't told you anything about buying furniture, clothes, appliances etc
[11:19] {ese} I did notice......
[11:19] {nemo} spy levels for today: http://bit.ly/174lBLZ
[11:19] {fish_49} how much for a pair of Levis
[11:19] {cipher} thx nemo
[11:19] {ese} mot to mention preperty etc etc
01[11:19] {&Threei}  just going to let you keep some illusions :)
01[11:20] {&Threei}  what property?
[11:20] {fish_49} why do I remember hearing a pair of Levi Jeans could go for $500 back then
01[11:20] {&Threei}  you couldn't have any
[11:20] {ese} well........I'm glad your here vad
[11:20] {RonS} interesting:  The $3890 Stir Kinetic desk is the latest crazy thing in the Internet of Things... -by @LaurenGoode http://dthin.gs/1arCMqp
01[11:20] {&Threei}  your apartment belonged to the state
01[11:21] {&Threei}  what's that ron?
[11:21] {nemo} go clean out your nostrils ese
[11:22] {+cc_9} Come on SPY
[11:22] {+cc_9} Lets do this already
[11:22] {ese} lol
[11:22] {Will49} Vad..just got an alert from Canada Immigration. Say's if there's any more bad-mouthing RIMM in this room...they send you back to Russia
[11:23] {ese} man ....i can do alot of golf for 3800.00......whats next.....
01[11:23] {&Threei}  only if they are willing to shoot me
[11:23] {RonS} variable height desk that senses you and communicates adjustment periodically
[11:23] {nemo} IWM running the show today, it's the only index that topped and bottomed at major levels to the penny
01[11:23] {&Threei}  because there is no way to deport me alive
[11:23] {fish_49} The could Hire Les  to do that Vad
[11:24] {Will49} that's the spirit Vad
[11:24] {+cc_9} come on....
[11:25] {nemo} iwm chart:http://bit.ly/174n3h6
[11:25] {+cc_9} come on some more
[11:25] {+cc_9} give me north of 169.50
[11:26] {Will49} really gay colours on that chart nemo:)
[11:26] {fish_49} JCP  found some cash to pay bills?
01[11:28] {&Threei}  - Jitters about the stability of the Italian government took European stocks to their lows just as US traders were coming into the market, although the fresh six-year lows in weekly claims helped futures turn around and move global indices higher into the first hour of US cash trading.
01[11:28] {&Threei}  With time growing short for a fiscal deal in Washington, DC, the UST 10-year yield has started moving back up after finding a post-Fed bottom around 2.628%.
[11:28] {+cc_9} fish yes, proceeds from shorting its own stock
01[11:28] {&Threei}  lol
[11:29] {fish_49} lol  CC
[11:29] {fish_49} I hate to see them go under  I'm rooting for them to do well
[11:29] {fish_49} When I was growing up, shopping at JCP was upscale
01[11:30] {&Threei}  Shares of JC Penny have fallen more than 20% over the last two days as reports and rumors made the rounds that the company was talking to investment bankers about another big, dilutive capital raise. This morning the firm addressed the rumors without affirming or denying that it was looking to raise money, saying only that it was starting to see greater predictability in its performance
01[11:30] {&Threei}  Then after the open, CNBC reported that JC Penny's CEO said the company is not seeing conditions that would warrant a need to boost liquidity. Shares spiked higher on this story, up as much as 5% on the day at one point.
[11:31] {+cc_9} SPY what's the holdup...Mr.Orange ?
[11:32] {fish_49} watch JPM
[11:32] {fish_49} Holder talking on tv
[11:32] {+cc_9} Holder
[11:32] {+cc_9} "we have made an agreement with Mr. Dimon"
[11:32] {+cc_9} 2 years later, Holder retires in Bermuda
[11:32] {RonS} lol
[11:32] {fish_49} lol
[11:33] {Will49} our CEOs are as bad as our politicians
[11:33] {Will49} if that's possible
[11:33] {fish_49} no news
[11:34] {+cc_9} SPY here comes the bounce, in 5...4...3...
[11:35] {fish_49} don't studder  CC
[11:35] {+cc_9} one of the engines is leaking, brb
[11:36] {nemo} fricking O rings
[11:36] {nemo} where's Feynman when you need him
[11:38] {+cc_9} Fuel umbilical purge to open.
[11:39] {+cc_9} SPY forming a slight W if this .30 can hold
[11:40] {+cc_9} Prop 2, top first stage LOX to 100 percent levels.
[11:41] {+cc_9} RCO, report range go for launch.
[11:41] {+cc_9}  LC SPY, you're go for launch.
[11:42] {RonS} is this Cape Canaveral?
[11:42] {fish_49} nemo what is the Vwap on Spy?
[11:42] {nemo} currently .64
[11:42] {+cc_9} dont worry about such things as Vwap fish, rocket fuel is all you need
[11:43] {nemo} that shit is nasty
[11:43] {fish_49} not worried  I don't trade the spy  I just wanted to calibrate
[11:43] {+cc_9} fish pls stop worrying...
[11:43] {fish_49} I hae a vwap indicator  and wanted  to know  if it is reset daily or just continues  to average out data
[11:44] {+cc_9} ok guys, hold on to your butts, SPY here we go
[11:44] {nemo} don't know your charting software
[11:44] {nemo} vwap on some software can be adjusted by period
[11:44] {fish_49} well it must be  somewhat accurate  on my chart it shows .63  a cent difference
[11:45] {fish_49} thanks Nemotoad
[11:45] {+cc_9} SPY clearing 169.50 offer, scaling out SSO @ 86.10
[11:47] {+cc_9} this is the post about the 11AM thing : http://www.zerohedge.com/news/2013-09-25/deja-pomo-deja-pomo
01[11:49] {&Threei} Short Setup: CAT  .10 break
01[11:50] {&Threei}  If holds  .20
[11:51] {fish_49} missed that call
[11:54] {nemo} no probs eukaryote
[11:54] {+cc_9} 11:39 cc_9 SPY forming a slight W if this .30 can hold
[11:55] {+cc_9} http://img542.imageshack.us/img542/1436/ae0n.jpg
[11:57] {fish_49} one good thing about Nemo is that he is going to make me smarter by looking up all these big words
[11:57] {Will49} that's debatable
[11:57] {nemo} well, smarter implies a dynamic relationship
[11:57] {nemo} I'm just forcing you to potentially take up space in your hard drive
[11:58] {nemo} that has nothing to do with the performance capability of your wetware
[11:58] {nemo} sorry, can't help myself when people stick their chin out like that
[11:58] {nemo} just gotta' hit it
[11:58] {nemo} was tough on my mother
[11:58] {fish_49} Wetware? you must be talking to Will now
[11:59] {nemo} no...your organic computer
[11:59] {Will49} nemo..that's the third time this week you've apologized....what's wrong?
[11:59] {nemo} I'm being patronizing
[11:59] {+cc_9} and now SPY clears the top of that W to push its way back to 169.70
[11:59] {jdetente} is this for Will?
[11:59] {jdetente} http://www.ispot.tv/ad/7Zb7/depend-shields-and-guards-featuring-tony-siragusa
[12:01] {jdetente} wetware/wetworks not sure of the difference
[12:01] {fish_49} protects the man space
[12:01] {nemo} don't forget the desitin
[12:01] {Will49} jd...right up my alley
[12:01] {jdetente} lol
[12:01] {nemo} oh shit, gotta' change over my magazines
[12:02] {Will49} magazines as in people magazine?
[12:02] {nemo} no
[12:02] {nemo} I change them out quarterly to give the springs a rest
[12:02] {Will49} I do that with my bed
[12:03] {nemo} the old posturepedic polka?
[12:03] {Will49} :)
[12:03] {fish_49} Does Playboy give any more support than hustler?
[12:04] {nemo} ya' know, that's not bad
[12:04] {nemo} subtle
[12:10] {robbers} I have a favor to ask.  My company (TranquilityTV) is soon putting out an Apple mobile app.  For Android users, you can get it via Vimeo (vimeo.com) right now.  15-minute relaxation shows are $1.99.  It'd be real helpful if you guys would buy a show and then review it.  Reviewing it is the important point.  Try this link to the TranquilityTV VOD page:  http://vimeo.com/search?q=tranquilityt
[12:10] {robbers} v   And thanks in advance.
[12:11] {nemo} says "Please try again"
[12:12] {robbers} If the link doesn't work, just go to vimeo.com and search TranquilityTV.
[12:13] {robbers} When the Apple app is out, will let you know.
[12:13] {Will49} sheeesh Vad, I swear you call this kind of trade just to keep me from having a shower during noon lull :)
01[12:13] {&Threei}  you got me
[12:13] {Will49} thought so
01[12:14] {&Threei}  that's exactly the idea behind that but I hoped the jig wasn't up yet
[12:14] {RonS} lol
[12:15] {Will49} if you're not careful, I'll start using hard stops
[12:15] {nemo} nothin' robbers
[12:15] {fish_49} love hard stops
[12:15] {nemo} douching again today Will?
[12:15] {fish_49} Vad is old school
[12:16] {Will49} can't wait
01[12:16] {&Threei}  http://vimeo.com/search?q=tranquilitytv
[12:16] {+cc_9} yawn
01[12:16] {&Threei}  missed v at the end :)
[12:16] {nemo} nope
[12:16] {RonS} what a cluster...Obamacare online sign-up delayed for small firms
[12:16] {Will49} wet wipes and douches...story of my life
[12:17] {robbers} Hmmm, sure you're spelling TranquilityTV correctly?  Anyway, thanks for trying Nemo, appreciate it.  Here's the link to the TTV app website, FYI:  http://tranquilitytvapp.com/
[12:17] {nemo} duschen is "to shower" in German
[12:17] {nemo} I'm clicking on the frickin' link
01[12:17] {&Threei}  http://vimeo.com/search?q=tranquilitytv
[12:17] {Will49} I was using the French idea
[12:17] {nemo} ahhh that one worked
01[12:17] {&Threei}  click this nemo
[12:17] {fish_49} Ron  they are saying that Plans cost less than your cell phone...  Did you check it out yet?
[12:17] {nemo} Oh dude...I've been meditating for 35 years
01[12:18] {&Threei}  non-stop?
01[12:18] {&Threei}  24/7?
01[12:18] {&Threei}  that explains a lot...
[12:18] {jdetente} one of this videos "Fluid Relaxation"
[12:18] {robbers} Are you on Apple Nemo?  That may be "blocking" the VOD page.
[12:18] {jdetente} nice
[12:18] {RonS} tsla all time high...again...
[12:18] {nemo} no not an applehead
[12:19] {robbers} Nemo, there's a show specific to meditation:  "High Altitude Meditation."
[12:19] {nemo} Yeah, at the temple we do travelling meditation
[12:19] {nemo} all that shamanic shit
01[12:19] {&Threei}  crap... I clicked on Transition to sleep... see youuuu in aaaa... snoorrrrr....
[12:19] {nemo} how'd you get into this stuff
[12:19] {fish_49} Vad you should sell some of your pics  to them
[12:21] {robbers} My Mom got brain cancer and, taking care of her, I realized hospitals and docs don't really address the emotional, mental, and spiritual side of patients.  And I get that from nature, so created a 24/7 TV channel, mostly for hospitals, that was eight years ago.
[12:21] {robbers} The app is an attempt to bring the healing attributes to the masses.
[12:21] {Will49} wow...neat
01[12:22] {&Threei}  cool idea
01[12:22] {&Threei}  robbers knows my photography
[12:22] {dino} gl robbers
[12:22] {robbers} The core business website:  www.tranquilitytv.com
[12:22] {jdetente} that is cool robbers
[12:22] {nemo} yeah, I'm in the Boston area..John Cabot Zinn has been working that angle up here since the 80s.  TCM considers cancer to be a disease of stress
[12:23] {+cc_9} Check out that W support again from earlier @ .30 on SPY
[12:23] {robbers} Yeah, Vad, that's one reason I love your work.  The other is that I minored in photography so can just appreciate nice work.
[12:23] {nemo} yeah, that's the daily pivot and weekly S1
[12:23] {nemo} robbers, you ever check out enterpointe's stuff?
[12:24] {robbers} No, but will do that.
[12:24] {nemo} not visual, audio
[12:26] {robbers} Nice thing about TTV is there's nature video with music, so you can just listen, just watch, or both.  Check out the two-minute video.  Or just buy a show.  I'll reimburse the $1.99, LOL.
[12:27] {robbers} Anyway, I've taken way more than enough time here, thanks guys.
[12:27] {+cc_9} Beautiful SPY on that .30 support
[12:27] {Chaeron} robbers.... like this type stuff? } http://www.youtube.com/watch?v=MuAGGZNfUkU
[12:27] {fish_49} How do you buy?
[12:27] {+cc_9} Fish, asking me ?
[12:27] {fish_49} on an android device?
[12:28] {fish_49} no
[12:28] {fish_49} lol
[12:28] {fish_49} sorry CC
[12:28] {+cc_9} k confused lol np
[12:28] {fish_49} Robbers?
[12:28] {fish_49} but I do have a question for you CC
[12:28] {fish_49} if you have time
[12:28] {robbers} Chaeron, same idea but those are stills, mine is video, and done a bit better.
[12:29] {Chaeron} nice.... familiar with the healing concept you mentioned. Thanks for what you do there
[12:29] {+cc_9} out SSO 86.10
[12:29] {+cc_9} at last
[12:29] {+cc_9} free at last
[12:30] {robbers} Fish, the Apple app will be ready in a couple weeks, for now you should be able to buy via vimeo.com.  Go there and do an internal search for TranquilityTV, should take you to the VOD page where you can buy the 15-minute shows.
01[12:30] {&Threei}  SPY got inspired all of a sudden
[12:30] {nemo} vwap run
[12:31] {+cc_9} SPY CHART }}} http://img33.imageshack.us/img33/5854/tig.JPG
[12:31] {fish_49} 2...  1....
[12:31] {+cc_9} (ahead of the move ;))
[12:31] {fish_49} cc_9 SPY here comes the bounce, in 5...4...3...
[12:31] {fish_49} CC that's a long studder in your speach
[12:32] {fish_49} u can say 2...1....  now
[12:32] {+cc_9} lol sorry guys
[12:32] {+cc_9} i bot the parts from North Korea
[12:32] {+cc_9} a little delay, but bounce nonetheless
[12:32] {fish_49} lol
[12:32] {fish_49} you were long SSO?
[12:32] {+cc_9} Yes
[12:33] {+cc_9} You can check chat up
[12:34] {+cc_9} ended up with a 85.91 avg with a tgt 86.10
[12:34] {fish_49} easier  to just ask  and you answered
[12:34] {fish_49} Im too lazy to look up
01[12:51] {&Threei}  chaeron, dcc pls
[12:54] {drewj} break time...school called...got to go pick up my daughter who is feeling sick.
[12:55] {fish_49} take care Drew
[12:55] {fish_49} hope she is ok
[12:55] {drewj} ty
01[13:02] {&Threei}  (US) White House: Federal small business healthcare exchange's online enrollment related to the affordable care act (Obamacare) has been pushed back to Nov 1- notes that the exchange for small businesses will not be fully ready on the Oct 1 scheduled date -
[13:02] {Will49} your government: efficient, effective
01[13:02] {&Threei}  read this:
01[13:03] {&Threei}  (US) Fed's Kocherlakota (dovish, FOMC alternate): Fed may have to accept above-target inflation in order to help repair the job market
01[13:03] {&Threei}  frikin imbecile
01[13:04] {&Threei}  the rest is even better:
01[13:04] {&Threei}  - Facing a pivotal point on fixing unemployment, Fed should not toloerate a more gradual decline in unemployment - Low inflation gives the Fed a lot of room to act agressively on monetary policy, everything should be on the table, including additional stimulus. - Fed should stimulate job creation even if it prompts more concerns about asset bubbles. - Hiring has been weaker than the unemployment rate suggests.
01[13:04] {&Threei}  why did I just offend all the imbeciles?
[13:05] {Will49} yeah...these guys are leaders of the pack
[13:19] {Chaeron} The term arises from the Latin word imbecillus, meaning weak, or weak-minded. It included people with an IQ of 21–50, between "moron" (IQ of 51–70) and "idiot" (IQ of 0–20).[3].... By that definition, you were being kind Threei
01[13:20] {&Threei}  where does cretin fall then?
[13:21] {Chaeron} somewhere between spastic and lunatic...
01[13:22] {&Threei}  this all is so confusing...
01[13:22] {&Threei}  see dcc, chaeron :)
[13:22] {fish_49} whats confusing Vad?
01[13:23] {&Threei}  the classification of fibble-minded
[13:23] {RonS} think that cretin comes from the Greeks who called those from Crete cretin...but since they considered them to be knuckledraggers ergo cretin similar to troglodyte...
[13:23] {fish_49} Im glad your confused
[13:26] {nemo} wow low spy volume again
[13:29] {dino} welcome sara
[13:29] {_sara} hello
01[13:30] {&Threei}  hello sara, welcome to the room
[13:30] {RonS} almost fainted...thought it was nemo who said that so quickly...
01[13:32] {&Threei} Short Setup: CAT  84 break
01[13:33] {&Threei}  If holds  .10
[13:33] {nemo} oh oh
01[13:34] {&Threei}  what, you are going to have to behave now?
[13:34] {nemo} yeah, really sucks
[13:35] {RonS} well...try to hold out until at least when Les comes back...
[13:37] {jdetente} welcome to the room sara
[13:37] {_sara} hello, ty
[13:38] {fish_49} Drew was the daughter ok?
01[13:39] {&Threei}  I don't think he is back yet
[13:40] {nemo} boy do I have a comment for that...
01[13:44] {&Threei}  (US) White House: Will not agree on a repeal of medical device tax (included in Obamacare) as part of legislation for continued Govt funding- Would not agree to Keystone XL pipeline measures as part of any legislation.
01[13:44] {&Threei}  and they called Soviet Minister of Foreign Affairs Mister No?
[13:45] {nemo} Gromyko?
01[13:45] {&Threei}  yup
[13:45] {fish_49} he has the upper hand this time  he can pretty much do as he wants
01[13:45] {&Threei}  meanwhile in Canada:
[13:45] {Will49} let the games begin
[13:45] {nemo} GOP has no leverage in anything
01[13:45] {&Threei}  (CA) Canada PM Harper: Current fiscal situation allows for low taxes, Canada is the best place for investment- Logic in favor of approving the Keystone pipeline is overwhelming, optimistic that it will eventually be approved
[13:46] {fish_49} so if jobs are lost to Canada  who can we blame?
01[13:46] {&Threei}  Canada of course
[13:46] {RonS} no, nemo of course...
[13:46] {fish_49} Alex is not here  I should refrain from putting blame on him
01[13:47] {&Threei}  http://www.youtube.com/watch?v=vxPRHXgYVlk
01[13:48] {&Threei}  (US) Fed's Kocherlakota: Rates must remain low until unemployment reaches 5.5% - comments to reporters
01[13:48] {&Threei}  debil
[13:48] {nemo} the beatings will continue until morale improves
01[13:49] {&Threei}  feels like SPY wants new lows today
01[13:53] {&Threei}  incredible slow and low volume day
[13:54] {fish_49} come on Cat you have used up your 9 lives  Die please
[13:54] {fish_49} I need to cut grass
[13:54] {nemo} oh please, that line has been used so often...sheesh
[13:55] {fish_49} Lay down Nemo I invented that line
[13:55] {nemo} listen noob....
[13:55] {fish_49} no sound on this Mibbit
[13:56] {Chaeron} geesh... like the two old guys in the balcony of the Muppets
[13:56] {jdetente} bunny and fish
[13:56] {nemo} hey boatman! start rowing!
[13:58] {fish_49} I don't know Chaeron yet so I can insult him.  Can you do it for me Nemo?
[13:58] {fish_49} can't*
[13:58] {nemo} Here's a picture of Chaeron:  http://bit.ly/174Qgsq
[13:58] {nemo} "deviant art" how appropo
[13:58] {Chaeron} Nemo... this isn't the "fish" that we used to bust 8 years ago is it?
[13:59] {nemo} no
[13:59] {Chaeron} heck... I don't like that pic... I blinked
01[13:59] {&Threei}  SPY is dropping
[13:59] {nemo} why does everybody think I'm a fish?
[14:00] {fish_49} I don't
[14:00] {fish_49} your a toad we all know that
[14:00] {nemo} I think that fantasy is purely ur own
01[14:01] {&Threei}  I swera the most boring summer days had more action than today
[14:01] {Will49} on top of that CAT is a terible thing to trade
[14:01] {nemo} yeah, I tried to get bunny to come out and play, but she's having her siesta
[14:01] {jdetente} money has been made though Vad
[14:01] {dino} agreed, afternoons are really dead lately
[14:01] {jdetente} Therefore whisky is being enjoyed
01[14:01] {&Threei}  yes, morning worked for us
[14:02] {fish_49} Why is CAT bad Will
01[14:02] {&Threei}  but I still want a few more
[14:02] {fish_49} because it starts with a C ?
[14:02] {Will49} looked back..my record on CAT is 1 win 8 losses
[14:02] {nemo} Man suffers because of Desires
[14:02] {nemo} so much for your 9 lives Will
[14:02] {+cc_9} whoa SPY
[14:02] {fish_49} wow  I have that record with C
[14:02] {Will49} amen
[14:02] {fish_49} well now 2 - 8  lol
[14:03] {Will49} I swore I wouldn't take any more CAT trades
[14:03] {Will49} but I'm addicted to Vad's calls
[14:03] {nemo} Damn, can't say it
[14:03] {fish_49} good
[14:04] {jdetente} hehe
[14:04] {Will49} hopefully the new make up of the room will hold you back from beating up on the old guy
[14:04] {jdetente} you're even older than my Dad Will...
[14:04] {jdetente} scary
[14:04] {fish_49} lol
[14:04] {Will49} well then...be nice
[14:04] {fish_49} sorry will I had  to laugh
01[14:05] {&Threei}  unless you want to go over will's knee
[14:05] {jdetente} I have to respect my elder I guess
[14:05] {Will49} no respect:)
[14:05] {Will49} I'm so old...I talk to empty chairs
[14:05] {+cc_9} Grabbing some SSO 85.75 light
[14:05] {fish_49} long?
01[14:05] {&Threei}  let's trail CAT stop to .06
01[14:05] {&Threei}  was 2 cents from 1:1
[14:05] {Will49} thank you daddy
[14:06] {jdetente} do you talk to the tv also Will?
01[14:06] {&Threei}  heck, I talk to TV remote
[14:06] {Will49} not when my wife is around
[14:06] {+cc_9} Fish, asking me ?
[14:06] {jdetente} lol
[14:06] {fish_49} yes
[14:06] {+cc_9} yes long
[14:06] {+cc_9} if short, i would grab SDS
[14:06] {fish_49} but I assumed you were taking it long
[14:07] {nemo} man all these good lines...killin' me
[14:07] {jdetente} jokes...must resist making them
[14:07] {+cc_9} i was hoping nobody would notice
[14:07] {+cc_9} who am i kidding
[14:07] {+cc_9} yes fish, long and strong
[14:07] {jdetente} hey-o!
[14:08] {Will49} nemo..good opportunity for you to practice restraint
[14:08] {jdetente} yes we have guest in room
[14:08] {jdetente} welcome to the asylum Sara
[14:08] {fish_49} yes  cc just stuck his neck out
01[14:08] {&Threei}  nemo is blue in the face
[14:08] {nemo} I'm gonna' have to take my bat and ball and go home
[14:08] {fish_49} holding breath?
[14:08] {+cc_9} take the bait nemo
[14:09] {jdetente} ...
[14:12] {fish_49} took me out
[14:12] {+cc_9} tgt SSO 86.05
[14:12] {fish_49} watch it fall
[14:12] {+cc_9} for a nice $0.30 and calling it a day
[14:12] {Will49} CAT 1 and 9
01[14:12] {&Threei}  doesn't sound right to me will
01[14:12] {&Threei}  we had a lot of great trades with CAT
[14:13] {Will49} probably made a few mistakes
[14:14] {fish_49} CAT scared at the GAP
[14:15] {fish_49} need to cut the Crabgrass
[14:15] {fish_49} see you guys tomorrow
[14:15] {Chaeron} fish... stay, make some $ and hire a gardener
01[14:16] {&Threei}  lol
01[14:17] {&Threei} Short Setup: TNA  63 break
01[14:17] {&Threei}  If holds  .10
[14:17] {nemo} well, sorry guys, now only Vad is going to see my off color wise-cracks
01[14:18] {&Threei}  lucky me
[14:18] {nemo} Heavy is the head that wears the crown
01[14:18] {&Threei}  not even advil helps...
[14:19] {nemo} Oxy dude
[14:19] {nemo} speaking of...
[14:19] {nemo} had to give up the JD Honey
[14:19] {Will49} Vad..looked back for real on CAT
[14:19] {nemo} just taste too damn good
[14:19] {Will49} 4 wins 4 losses and missed entry on 5
01[14:19] {&Threei}  hah!
01[14:20] {&Threei}  I knew it was not that bleak :)
[14:20] {Will49} I still hate it
01[14:20] {&Threei}  well, you know what they say
[14:20] {Will49} careful!
01[14:20] {&Threei}  if you don't like cats, you just don't know how to cook them
[14:20] {Will49} LOL
01[14:22] {&Threei}  and btw, I hate this saying, since I like cats :)
01[14:22] {&Threei}  1:1
[14:22] {nemo} Well shit, I prefer rattlesnakes to humans
[14:23] {nemo} kinda' looks like spy might test 169 and the gap close
01[14:23] {&Threei}  sara... for the next week or so, allow me to apologize in advance for anything nemo says
[14:23] {drewj} i missed that one...should i get in if price gets to .99?
01[14:23] {&Threei}  and no nemo, it doesn't mean that from now on you can say anything you want
01[14:24] {&Threei}  no drew, 1:1 has been reached
[14:24] {_sara} lol
[14:24] {drewj} too late
01[14:24] {&Threei}  so no secondary entry anymore
[14:24] {drewj} live and learn
[14:24] {nemo} Vad, you have no idea what kind of restraint I've exercised in the last 45 minutes
[14:24] {nemo} well, actually you do
01[14:24] {&Threei}  I know nemo... and appreciate it
[14:24] {drewj} should i keep it now?
01[14:24] {&Threei}  that blue color in your face can't be healthy
[14:24] {nemo} Look, while Sara's here, Les can't come back
[14:24] {drewj} i'm at break even
01[14:25] {&Threei}  keep .06 stop drew
[14:25] {drewj} ok
[14:26] {nemo} I guess I'll have to regain the edge I had during the days of Larissa and Patience
[14:26] {Chaeron} good luck
[14:26] {drewj} that sucked
01[14:26] {&Threei}  Larisa was strict with you
[14:27] {Chaeron} yeah... she like me tho
[14:27] {nemo} well, we'll give her that one
[14:27] {Chaeron} said I was "polite" :D
[14:27] {+cc_9} SPY tgt 169.50 again on this range
[14:27] {nemo} can you prove this?
[14:28] {Chaeron} old logs
01[14:28] {&Threei}  that's interesting chaeron... because she liked me because I was impolite
[14:28] {Chaeron} lol
[14:28] {Chaeron} yin and yang
01[14:28] {&Threei}  ah
[14:28] {nemo} oh no, he's going Taoist on me
[14:29] {Chaeron} ahd to after reading threei's book
01[14:29] {&Threei}  If holds  .65
[14:29] {Chaeron} (you owe me for the plug btw Vad...)
01[14:29] {&Threei} Short Setup: JPM  .60 break
01[14:29] {&Threei}  that was plug?
[14:30] {nemo} btw...showed it to Al last night, he liked your photography too
01[14:30] {&Threei}  "everyone, whatever you do, stop doing it and go buy vad's book. If you bought it already buy it again"
01[14:30] {&Threei}  that's plug
01[14:30] {&Threei}  showed what, Taoist Trader?
[14:31] {nemo} yeah
01[14:31] {&Threei}  and he liked it?
01[14:31] {&Threei}  or photography ponly?
01[14:31] {&Threei}  only
[14:31] {nemo} both
01[14:31] {&Threei}  hey... thank you, that means a lot
01[14:31] {&Threei}  endorsement from a guy of that caliber
[14:31] {nemo} we were drunk of course
01[14:31] {&Threei}  of course
[14:32] {nemo} I showed him a couple of sections, and how it was based on Essence after you read Truth
01[14:33] {&Threei}  I think I read both by the time of finishing Taoist Trader
[14:34] {nemo} btw ebay could be short here with stop at .52
[14:34] {nemo} target would be .10
[14:34] {nemo} mmmhh
[14:34] {nemo} if it drops .45 after that candle
01[14:35] {&Threei}  needs clearer trigger
01[14:35] {&Threei}  .45 would do
[14:35] {nemo} yeah, I think that candle was the stop hunt
01[14:35] {&Threei}  ok JPM
01[14:35] {&Threei}  die
[14:35] {+cc_9} SPY setting up for a violent last hour
[14:36] {nemo} test of 169 and gap close coming
01[14:36] {&Threei}  feels that way, and my feel is down
[14:36] {nemo} and I thought you like to feel up
[14:36] {nemo} oops
01[14:36] {&Threei}  with severe cascading selloff
01[14:36] {&Threei}  sigh
[14:36] {nemo} frickin' pessimist
06[14:37] * &Threei slaps nemo around a bit with a Book of Pleasant Manners
[14:37] {nemo} what, you a friend of Emily Post
[14:37] {drewj} amen
[14:37] {nemo} hey droobie the noobie
[14:37] {nemo} shhhhhhhhhhhhhh
[14:38] {drewj} awwweeee
[14:38] {nemo} Listen, they set you up so good earlier, and I didn't swing, YOU OWE ME BIG TIME!!!
[14:38] {drewj} wan't askin for permission
[14:38] {Chaeron} man I missed this.........
01[14:38] {&Threei}  lol
[14:38] {nemo} o.k. gloves off
[14:39] {nemo} ahem!
[14:39] {nemo} [13:39] {fish_49} Drew was the daughter ok?
06[14:39] * &Threei puts gloves back on nemo, wraps his head in duct tape and puts a plasic bag on top
[14:39] {nemo} How could she be, she's got Drew as a father
[14:40] {drewj} you never miss an opportunity to be an ....
[14:40] {Will49} ouch
01[14:40] {&Threei}  he does sometimes, drew... and cries till morning
[14:40] {nemo} yes I did, I held back but no....I try to get out (In my best Pacino voice) and they pull me back in!
[14:41] {Chaeron} Die SPY....
01[14:41] {&Threei}  it's about to
01[14:41] {&Threei}  .15 loss should trigger cascade
[14:41] {nemo} All kidding aside, if she is not well, I mean no disrespect and I hope she's o.k.  There is no worse pain for a parent
[14:41] {drewj} why the switch...?
01[14:41] {&Threei}  here we go
[14:42] {nemo} 169 test and when  you reach 69....
[14:42] {drewj} i expect no less than disgusting behavior from you nemo...
01[14:42] {&Threei}  that's a mistale drew
01[14:42] {&Threei}  he is bipolar
[14:42] {+cc_9} SPY snap back
[14:42] {Chaeron} let me know when to cover...
[14:43] {+cc_9} that drop didnt have much volume with it
[14:43] {nemo} long setups fas iwm spy
[14:43] {+cc_9} the stop eater drop has not yet been triggered
01[14:43] {&Threei}  it would if we were on the last hour...
[14:43] {+cc_9} big ol SPY bounce
01[14:43] {&Threei}  still a bit early for the decisive selloff
[14:44] {+cc_9} now thats a wick on 15
[14:44] {+cc_9} wowza
[14:44] {nemo} gap close and bounce
[14:44] {nemo} actually didn't close by .02
01[14:44] {&Threei}  Google Inc Updates search algorithm to be more effective for the longer and more complex search requests that are becoming more common- New 'Hummingbird' algorithm affects 90% of searches worldwide
01[14:45] {&Threei}  so, now I can search for "why some clownfish, also known as mad captai of a submarine, is so impolite"?
[14:45] {nemo} you'll have to go back to Greek history
01[14:45] {&Threei}  let's try it...
01[14:46] {&Threei}  hmmm
01[14:46] {&Threei}  by the results, this new searhc needs a lot of work, lol
01[14:47] {&Threei}  but wow
01[14:47] {&Threei}  try this:
01[14:47] {&Threei}  what's common between clownfish and mad captain of a submarine
[14:47] {Chaeron} I was looking for "Trading rooms with quality banter and wit"
[14:47] {Will49} hahaha
01[14:47] {&Threei}  first two result
[14:47] {drewj} you found it
[14:47] {Will49} good one
01[14:47] {&Threei}  direct hit
[14:47] {nemo} "quality" is an esoteric philosophical discussion
01[14:47] {&Threei}  good jog Google
[14:47] {_sara} Time to go, I'll try to say something tomorrow
[14:47] {nemo} What is "the good"
01[14:47] {&Threei}  take care sars, see you tomorrow
[14:47] {Will49} bye sara
[14:48] {_sara} something funny with my english
[14:48] {Chaeron} yeah sara... we'll believe it when we see it
[14:48] {_sara} bye
[14:48] {nemo} just don't look at the log afte 1:45
01[14:48] {&Threei}  what's your native?
[14:48] {_sara} spain
01[14:48] {&Threei}  cool
[14:48] {nemo} oh, we had a woman from Spain last year
[14:48] {_sara} see you tomorrow
01[14:48] {&Threei}  yes
[14:49] {Chaeron} Estamos deseando que llegue mañana y ver que sara
[14:49] {nemo} sara or sera
[14:50] {Chaeron} Теперь остальные из вас вернуться к работе!
[14:50] {Will49} redacted
[14:50] {nemo} frickin' pizdah!
01[14:50] {&Threei}  wow
01[14:50] {&Threei}  lol
[14:50] {Chaeron} и передать мне водки ....
01[14:50] {&Threei}  oh boy...
01[14:50] {&Threei}  I am under the table
[14:51] {Chaeron} SPY heading for 69 even...
[14:51] {Chaeron} and then when I say it it bounces
[14:51] {nemo} maybe Velody will have someone visit Chaeron
[14:52] {Chaeron} no one visits me... I come for them...
[14:52] {nemo} wrong weight class
[14:52] {+cc_9} SPY this EOD is going to be odd
[14:52] {+cc_9} trend past 5 days down, trading some beta @ 169 with 1 hour to go
[14:54] {+cc_9} 168.90 is last support on 15
[14:55] {nemo} .63-.73 daily and monthly level
[14:56] {+cc_9} Bloomberg just confirmed 1691 on SPX lol
[14:57] {nemo} you can't let Les back with Sara here.  With her in Spain, he might threaten to visit her
[15:02] {nemo} 53 million shares of SPY traded...wtf
[15:02] {+cc_9} SPY you dog, climb to .30
[15:03] {+cc_9} today's chart looks like sh*t, can't make sense of it, the W worked good, but this last drop changes the EOD
[15:03] {nemo} EOQ action today and tomorrow, so it'll be a CF
[15:04] {nemo} everyting looking short again
[15:07] {+cc_9} SPY 5min those are some odd moves the last 4 candles
[15:07] {+cc_9} almost trying to base, but vol not there
[15:08] {+cc_9} giddy up
01[15:08] {&Threei}  meh
[15:08] {+cc_9} no meh vad, no meh
[15:08] {+cc_9} up up up
[15:08] {+cc_9} :D
[15:11] {+cc_9} ugh...get back over .30 SPYdog
[15:14] {Chaeron} now?
[15:14] {Chaeron} heheh
[15:14] {+cc_9} welp, 45mins on the clock
[15:14] {drewj} ok folks...i've got to take my girl to the doctor.
[15:15] {drewj} have a great day
[15:15] {+cc_9} ciao
[15:15] {Chaeron} bye drew!
01[15:15] {&Threei}  take care drew, hope she is OK
[15:15] {drewj} ty
[15:16] {nemo} this action since 2 has been algo chop
[15:16] {+cc_9} agreed nemo
[15:16] {+cc_9} setting up for bizzarro EOD
[15:17] {RonS} ya, some trying to remember when the last time the action has been like this...
[15:17] {nemo} today is T-3, so tomorrow we might get better action...Arguably they try to drive the indexes up for EOM to give the mutual funds high prints for new money
[15:18] {+cc_9} we sold off EOD each past couple of days
[15:18] {+cc_9} might reverse that pattern today
[15:19] {+cc_9} 169.37 im thinking is the close
[15:19] {nemo} they still haven't tested the other side of 169 for stops
[15:20] {+cc_9} Yes, thats also true
[15:20] {nemo} and of course everybody is looking for that
[15:20] {+cc_9} So another reason why it might not happen
[15:20] {nemo} right
[15:21] {nemo} it would be a higher pucker factor to press the futures overnight and gap down and get them to puke on the open
[15:23] {+cc_9} come on .30, get back on the bid, i got sh*t to sell
[15:23] {nemo} haha whatsa' a coupla thousand shares over night between friends
[15:24] {+cc_9} no, thats ok lol
[15:24] {nemo} hedge with weekly options...;-)
[15:24] {+cc_9} put .85 on SSO offer and ill pass you mine ;)
[15:25] {nemo} SPY on 3 min says no setups coming
[15:26] {nemo} those frickin' voices in my head again
[15:27] {nemo} you should get .30 that's the pivot
[15:27] {Chaeron} here comes your .30
[15:28] {nemo} watch the algo's jump in front at .299999999999999
[15:28] {+cc_9} nemo, here is how i'm sitting right now : http://img818.imageshack.us/img818/5481/aind.jpg
[15:28] {+cc_9} finger on trigger to cancel all/close all if comes down to it.
[15:28] {nemo} my eyes are too old to read it
[15:28] {+cc_9} loldamn
[15:28] {nemo} why 250 share orders?
[15:28] {+cc_9} i admit, crappy screen shot
[15:29] {nemo} doesn't that screw with your costs?
[15:29] {+cc_9} they saw the .85 order, so they only put up .84
[15:29] {+cc_9} t-thanks algos...
[15:29] {nemo} pisses me off they get to trade fractions of pennies
[15:29] {+cc_9} go look what SIRI is doing on the T&S
[15:29] {+cc_9} 5 digits
[15:30] {nemo} rebate heaven
[15:30] {+cc_9} yes
[15:30] {+cc_9} trying to sit on the top of the order book is near impossible
[15:30] {+cc_9} you sit there for 2 hours to collect $0.01
[15:30] {nemo} well, we'll be finding out real soon if there are any shorts in the market
[15:31] {+cc_9} they are gonna wait till the last 5 mins on this one
[15:31] {+cc_9} ok .80s back on SSO, come on .85s...
[15:31] {nemo} and to think you used to be able to rebate trade manually
[15:31] {+cc_9} lol nemo, I used to do that on C 4 years ago
[15:31] {+cc_9} alright
[15:31] {+cc_9} all those orders on SSO getting taken
[15:32] {+cc_9} 750 left out of 3k
[15:33] {+cc_9} here ya go nemo, see if this is clearer : http://img15.imageshack.us/img15/689/b8yx.jpg
[15:33] {nemo} let me get my sunglasses
[15:33] {+cc_9} lol
[15:33] {+cc_9} I stacked them only $0.01 apart bc i was running out of faith
[15:34] {nemo} she that ugly
[15:34] {+cc_9} For anyone else that clicked, this is why its good to set your orders ahead of time, it prevents from fumbling when price finally moves, you also get to sell @ the offer and collect a credit
[15:34] {nemo} I had girlfriends named Faith and Hope, never Charity
[15:34] {nemo} yeah liquidity add
[15:34] {+cc_9} I had a girlfriend i used to call her bambi
[15:35] {+cc_9} she asked me if it was bc she was cute
[15:35] {+cc_9} i told her its bc i killed her mother
[15:35] {RonS} lol
[15:35] {nemo} yeah, our season starts teh 21st
[15:35] {nemo} saw a coupla' girls out on front lawns last night
[15:36] {nemo} mhhh, spy breaks here, ambe a vwap run
[15:36] {+cc_9} i made my bet, 3k SSO, cashed out
[15:36] {+cc_9} calling it a day
[15:36] {+cc_9} needed .30 on SPY, got it
[15:37] {nemo} here it goes
[15:38] {+cc_9} 15:19 cc_9 169.37 im thinking is the close
[15:38] {+cc_9} lets see how that plays out.
[15:41] {dino} well that hasn't happened in awhile
[15:41] {dino} fell asleep in my chair
01[15:41] {&Threei}  lol
[15:41] {nemo} getting old
[15:41] {+cc_9} welcome back
01[15:41] {&Threei}  tells you all you need to know about today
[15:41] {dino} miss anything?
01[15:41] {&Threei}  not at all
[15:41] {nemo} yeah, I insulted drewj real bad
[15:45] {+cc_9} and thats when the room goes quiet
[15:45] {+cc_9} how about that SPY guys...
[15:45] {nemo} see if it has vwap in it
01[15:46] {&Threei}  I want to short GLD on .60 break but time is too tight
[15:46] {+cc_9} last 15 minutes are to be a spectator only, imo that is.
[15:48] {+cc_9} I want those 3k SSO back
[15:48] {nemo} there it is
[15:48] {+cc_9} $#%$#%#%%^$%^
[15:48] {nemo} vwap
[15:48] {nemo} you spelled it wrong
[15:49] {+cc_9} oh god, i left 2 mortgage payments on the table.
01[15:49] {&Threei}  Ok guys, thank you all
01[15:49] {&Threei}  about flat day
[15:50] {nemo} thanks for the fish
01[15:50] {&Threei}  and very very boring
01[15:50] {&Threei}  other than our banter
[15:50] {jdetente} zzzz
[15:50] {nemo} excuse me?
[15:50] {nemo} ahh
[15:50] {jdetente} banter always good
01[15:50] {&Threei}  have a good evening, see you tomorrow
[15:50] {nemo} we'll read about drew tomorrow
[15:50] {RonS} see u Monday, traveling tomorrow...good weekend to all...
[15:50] {nemo} he'll complain to the principle I'm a bully
[15:50] {Will49} peace
[15:51] {nemo} principal
[15:51] {nemo} wow, like rats deserting a sinking ship
[15:51] {+cc_9} im staying here till 169.37
[15:51] {nemo} look how flat iwm is
[15:51] {+cc_9} 8mins on the clock
[15:52] {nemo} Qs made it back to vwap too
[15:52] {+cc_9} SPY smack right off that .50 wall
[15:52] {+cc_9} good girl
[15:52] {nemo} interesting price action on FAS since 3:15
[15:53] {nemo} that should give her a flat head...perfect
[15:54] {+cc_9} last 2 minutes we sell some
[15:54] {+cc_9} and close at .37 :)
[15:55] {+cc_9} lack of juice not bringing in suckers
[15:56] {nemo} now iwm getting off the schneid