Thursday, October 17, 2013

Oct 17 2013

Morning has been decent, then slow creep-up started, and over last weeks we kind of forgot how to handle that mode. Finishing negative after a few afternoon stops and invalidations.

Session Time: Thu Oct 17 00:00:00 2013
[09:12] {thomcbell} hello all
01[09:12] {&Threei}  morning tbell, welcome back
[09:12] {thomcbell} thank you - good to be back
[09:12] {RonS} hi thom, nice to see you...gm everyone
[09:13] {drewj} gm all
01[09:13] {&Threei}  ron, drew :)
[09:15] {ese} morning
01[09:15] {&Threei}  ese :)
[09:16] {Will49} gm
[09:16] {ese} was i actually on the board yesterday..............damn busy day from the get go and couldn't remember
01[09:16] {&Threei}  will :)
[09:16] {ese} will
[09:17] {Will49} hey ese
01[09:17] {&Threei}  great, now you want us to track your movements... get a GPS! {G}
[09:17] {ese} lol
[09:18] {ese} ok heres the deal..........and i could use some suggestions here
01[09:18] {&Threei}  what kind of GPS? Garmin, IMO
[09:19] {ese} my band The Midnights have been given a prime spot in the up coming Jazz Fest International here in Victoria
[09:19] {Will49} congrats
[09:19] {ese}  2014...
[09:19] {ese} but
[09:20] {ese} the director would like us to do it with a prominant artist like we did 8 years ago with motown superstar Martha Reeves....
[09:20] {ese} i've been spending my days searching out an artist
01[09:20] {&Threei}  don't look at me
01[09:21] {&Threei}  these days I prefer to shy the crowds
[09:21] {Will49} there are 3-4 excellent female jazz singers in Washington State
[09:21] {ese} who will?
[09:21] {Will49} if you go to KPLU.org they have bios ans clips
[09:22] {Les} gm
[09:22] {ese} ahhhh thanks
[09:22] {Will49} and
[09:22] {ese} ?
01[09:22] {&Threei}  les :)
[09:22] {ese} les
[09:22] {Les} :)
[09:23] {dino} gm
[09:23] {ese} dino
01[09:24] {&Threei}  dino :)
01[09:24] {&Threei}  you guys want me to post the details of the deal in Congress?
01[09:24] {&Threei}  or we don't care?
[09:24] {Les} let's here it
[09:25] {Les} hear
[09:25] {ese} don't care...is the markt going up or down
01[09:25] {&Threei}  - The two-week standoff between the Republican-led House and the White House came to a head late on Wednesday, just hours before the Treasury-imposed default deadline of midnight. Cooler heads prevailed, as Senate leaders Reid and McConnell brokered a deal in the US hours, subsequently receiving the commitment from House leadership to go along with the accord which some have quickly dismissed as "kicking the can down the road."
01[09:25] {&Threei}  Indeed, under the provisions of the agreement, the govt will be funded through Jan 15 and debt limit extended through Feb 7th, with the Treasury granted the authority to use extraordinary measures to extend debt limit through March of 2014.
01[09:25] {&Threei}  Arguably however, the White House may have emerged out of this crisis stronger. Pres Obama will now hold the veto power to proceed with an increase in the debt ceiling, requiring a 2/3rd Congressional majority for an override and potentially diminishing the likelihood of another standoff in early 2014.
01[09:26] {&Threei}  Instead, the two sides will be forced into a more active discussion on the implications of controversial Obamacare reform and other fiscal matters with the mandated formation of a bipartisan budget panel established by mid-December to facilitate negotiations on a longer term debt reduction agreement. In the mean time, US Senate voted overwhelmingly 81-18 in favor of the end of govt shutdown and debt limit extension. In the House, over 80 Republican lawmakers crossed over to vote with the unanimous Democrat bloc for an overall 285 Yea to 144 Nay count.
01[09:26] {&Threei}  end
[09:27] {Will49} so now can we make some money:) ?
[09:27] {ese} republicans have signed there death warrant...........they are going to get creamed in the next election
01[09:28] {&Threei}  gosh, you so materialistic
[09:28] {Will49} no doubt
[09:30] {Les} Vad US dollar monthly
[09:30] {Les} chart. What sort of formation can we call that?=
01[09:30] {&Threei}  ask again in an hour pls
[09:30] {Les} sorry
01[09:31] {&Threei} Short Setup: GDX  .20 break
01[09:32] {&Threei}  If holds  .30
01[09:32] {&Threei}  stop to .26
01[09:34] {&Threei}  1:1
01[09:35] {&Threei} Short Setup: GLD  .80 break hl
01[09:36] {&Threei}  If holds  .90
[09:37] {ese} in .90
[09:38] {ese} agressive.....got the stop at .00
[09:39] {ese} am watching the spyders advance so thought i would give it a try
01[09:40] {&Threei} Short Setup: C  .55 break
01[09:40] {&Threei}  Invalidated
[09:42] {ese} moves slower than molassas vad gld
01[09:42] {&Threei}  should accelerate once .80 is lost
[09:42] {drewj} c still good?
[09:42] {ese} no
01[09:42] {&Threei}  [09:40] {&Threei} Invalidated
[09:43] {drewj} thought that was for gld
01[09:43] {&Threei} Short Setup: BBY  42 break hl
01[09:43] {&Threei}  If holds  .10
[09:44] {ese} come on gld....die already
[09:45] {ese} daaaaaaaa
[09:47] {dino} partial fill petm l .27
[09:47] {ese} stopped gld .00
[09:48] {ese} soethings out of wack............usually when mrkt heads up gold goes down
[09:48] {ese} -.10
[09:48] {nemo} earnings are bad so market is still in the euphoria and rationality beginning to seep in
[09:49] {thomcbell} SWK bad guidance and left for dead making new lows this am
[09:50] {nemo} IBM and GS lousy
[09:50] {thomcbell}  C looks like 50.51 break if holding 50.61
[09:52] {drewj} cat dbi?
01[09:53] {&Threei}  probably
[09:53] {dino} sell the news
01[09:53] {&Threei}  yup
01[09:53] {&Threei}  BBY 1:1
[10:00] {thomcbell} SWK looks like beginninngs of something on long side
01[10:00] {&Threei}  *(US) OCT PHILADELPHIA FED BUSINESS OUTLOOK: 19.8 V 15.0E
[10:00] {drewj} wfc breakout?
[10:01] {dino} out petm .88, +.61
01[10:01] {&Threei}  I'd rather fade it
[10:01] {drewj} ok
01[10:01] {&Threei}  look under the hood of the Phil Fed great numbers:
[10:02] {drewj} market too weak?
01[10:02] {&Threei}  Prices Paid: 21.7 v 25.3 prior - New Orders: 27.5 v 21.2 prior - Employment: 15.4 v 10.3 prior (highest since May 2011) - Inventories: 7.3 v -1.8 prior
[10:02] {drewj} major slowdown...
[10:02] {thomcbell} swk long setup 75.25 break if holding 75.15
[10:03] {Les} like that price deflation
[10:03] {Will49} inventory number is scary
[10:03] {thomcbell} invalidated
01[10:03] {&Threei}  just not enough momentum in finnies, drew
01[10:03] {&Threei}  no confident play
[10:03] {drewj} what are finnies?
01[10:03] {&Threei}  financials
01[10:04] {&Threei}  WFC is one
[10:04] {dino} lol
[10:05] {drewj} newbie dino...
[10:05] {dino} understood
[10:05] {drewj} I am that is:)
[10:06] {drewj} what with all this advanced trader lingo
[10:07] {Will49} my favourite is WTF
01[10:07] {&Threei}  lol
[10:07] {drewj} is that an etf?
[10:07] {Will49} haha
[10:08] {dino} pulp, my fav
[10:08] {thomcbell} covering C flat here
[10:08] {drewj} i've been meaning to ask you what you mean by that...?
[10:09] {dino} seinfeld episode, george costanzza gets hit in the eye w/orange pulp, "pulp moves baby". for trading, a fast mover
[10:09] {ese} my fav.....rotfflol........rolling on the frickin floor laughing out loud
[10:10] {dino} :)
[10:10] {drewj} i've used urban dictionary several times since starting here
[10:11] {ese} lol
[10:11] {dino} bohica was big for awhile
[10:11] {Will49} yeah, good old DP
[10:11] {ese} ?
[10:11] {Will49} hope he comes back soon
[10:12] {ese} Even I don't know that one
[10:12] {drewj} is this the one dino? http://www.youtube.com/watch?v=1xCXbn4MTnk
[10:12] {nemo} watch for ebay bounce .00-.10
[10:12] {Will49} you remember dp...ese?
[10:12] {nemo} back to porn?
[10:12] {drewj} ha
[10:12] {Will49} the OTHER big vodka drinker
[10:13] {ese} ya but don t remember bohica
[10:13] {Will49} oh
[10:13] {Will49}  starts with bend over
[10:13] {nemo} my term ese
[10:13] {Will49} yeah nemos
[10:13] {dino} here it
01[10:13] {&Threei} Short Setup: WFC  .20 break
[10:14] {nemo} I think I told ya', way back when, when I worked for a systems integration company, we installed a corporate wide system
[10:14] {nemo} We named each of the servers Bohica...
[10:14] {nemo} Every employee, and there were hundreds
[10:14] {nemo} logged in in the morning and saw Bohica
01[10:14] {&Threei}  If holds  .28
[10:15] {drewj} did they know what it mean?
[10:15] {drewj} meant
[10:16] {nemo} nope
[10:16] {nemo} It was a unix based system, so I had to go around often to deal with issues
[10:16] {nemo} Not one person ever made a comment
[10:16] {dino} swk sm l .90 stop .74
01[10:17] {&Threei}  you were right on C, tbell
[10:18] {dino} stop swk -.16
[10:18] {drewj} vad does the volume on wfc show institutional selling?
01[10:19] {&Threei}  I don't know how you can distinguish that in such time frame
01[10:20] {&Threei}  nor do I understand why you'd need that
[10:20] {drewj} all the big volume bars are on red but price still moves up...
[10:20] {drewj} maybe not institutions but showing weakness.
01[10:20] {&Threei}  up?
[10:20] {nemo} huh?
01[10:20] {&Threei}  where do you see price moving up?
[10:21] {drewj} from the opening
[10:21] {dino} opens are messes
[10:21] {drewj} i'm just trying to see how you looked to fade
[10:22] {ese} s vrtx L .11
[10:22] {RonS} s?
[10:24] {dino} expe l .80
[10:25] {dino} ptla drop
[10:25] {RonS} oled pipe beaten
[10:26] {ese} out vrtx .29 +.18
[10:27] {Will49} :) ese
[10:28] {ese} tks
[10:31] {dino} giddy-up
[10:33] {ese} "Don't Change Horese in the Middle of The Stream"   giddy up....giddy up....high ho Silver........by Tower Of Power
[10:33] {ese} great tune
[10:34] {ese} anw dino
[10:34] {ese} i missed an entry at .20
[10:34] {dino} thx ese
[10:35] {nemo} Yeah, Garibaldi drummed for them I think, and Ellis Hall was in that band for a while
[10:36] {nemo} Hall used to play the Boston area alot in the 70's and early 80's
[10:37] {ese} oh ya he did...........been down to his house in San Fran for a couple of lessons 92/93
[10:37] {dino} anw l .44
[10:37] {nemo} indexes arguably short here
[10:37] {ese} i believe he lives in Seattle now
[10:37] {RonS} ...they played at a dance i attended in Saratoga...1971
[10:37] {ese} awesome
[10:38] {Les} wasn't even born then...
[10:38] {nemo} O.K.  my first concert was Crosby Stills Nash & Young in 1974
[10:38] {nemo} were you born then Les?
[10:39] {RonS} saw the black dude who originally did "Your Still a Young Man" down in Gulfport MS...2 mos before he died...can't remember his name...guy was great...
[10:40] {nemo} Now why can't you remember Ron?
[10:40] {RonS} Harold Melville? Mervin?
[10:40] {nemo} I remember not remembering being at a few shows myself
[10:41] {RonS} was playing in a casino...not advertised...totally stumbled into it
[10:42] {RonS} ese...check it out...was the real deal:  http://en.wikipedia.org/wiki/Harold_Melvin_%26_the_Blue_Notes
[10:42] {thomcbell} swk looks like short setup still
[10:42] {thomcbell} looking for move back over 74.60
[10:43] {nemo} Yeah, I stumbled into an allen collins gig in Hamburg by accident
[10:43] {Will49} kinda boring without the yappers in DC eh?
[10:44] {ese} that would have been cool ron
[10:44] {nemo} Had come from a "Tom Tom Club" gig-which was the "Talking Heads" without David Byrne.  I come around a corner and there's a bus parked in front of a club, and the sign placard above the windshield says "Albert Collins"  so, in I went.
[10:47] {thomcbell} SWK 74.50 break if holding 74.65 half lot
[10:48] {thomcbell} SWK 1:2
[10:48] {Les} nice
01[10:48] {&Threei}  wtg
[10:48] {thomcbell} chickened out on the above 74.60
[10:48] {thomcbell} looks like it wants that reaction low below 73.50
[10:49] {dino} gj
[10:49] {RonS} elli under pressure
[10:49] {dino} out anw .59, +.15, ty ese
[10:51] {thomcbell} swk flat
[10:52] {ese} well done dino
[10:52] {dino} out expe .92, +.12
[10:54] {nemo} scty weak, vwap around 55.80
[11:01] {nemo} ffiv:  could go to 85.60ish, top shoud be 86.80ish-87
[11:09] {nemo} SPY new highs is like Sauron to his ring
[11:09] {Les} he kept fucking losing it?
[11:10] {Les} to hobbits
[11:10] {nemo} isn't it like you to draw the wrong conclusion to an analogy
01[11:10] {&Threei} Short Setup: GLD  .30 break
01[11:10] {&Threei}  If holds  .40
[11:13] {Les} someone's gotta have fun with boring shits like you
[11:13] {Will49} come on les...put a smiley face on that
01[11:14] {&Threei}  US markets have spent most of the morning in negative territory after Congress reached a deal to resolve the debt standoff on a very temporary basis. Note that terrible Q3 earnings at Goldman Sachs and IBM have slammed the DJIA.
[11:14] {Les} oops sorry
01[11:14] {&Threei}  if market went up, this headline would say:
[11:14] {Will49} this is your father speaking :)  Les
01[11:14] {&Threei}  market enthusiasm cou;n't be supressed even by terrible earning... etc
[11:15] {Les} coulda made it "Les, I AM YOUR FATHER!"
[11:15] {Les} that woulda been funny
01[11:15] {&Threei}  lol
[11:15] {Will49} lol les
01[11:16] {&Threei}  light sabres and heavy breathing
[11:17] {Les} two old geriatrics that need comedy lessons
[11:18] {Les} Vad, I can see you putting out a new book soon
01[11:18] {&Threei}  old geriatrics - isn't it a buttered butter?
[11:19] {Les} can't lay that buttered butter on thick enough I says
01[11:19] {&Threei}  ok GLD... how about you give us 126.90
[11:21] {drewj} seriously?
01[11:21] {&Threei}  if trade works, that's the target
01[11:23] {&Threei}  ot doesn't
[11:28] {Alexs} JPM moving nicely wtf with WFC
[11:28] {RonS} lol...Obama: I am looking for willing partners who are wanting to work with me
[11:28] {RonS} Interpretation: KNEEL BEFORE ZOD!
[11:31] {nemo} frickin grind up
[11:33] {nemo} no sign of index short setups on higher time frame for day
01[11:34] {&Threei}  WFC no go
01[11:34] {&Threei}  annoying day after first 30 min
[11:37] {nemo} if you account for dividend, 172.80 is spy all time high
[11:45] {nemo} Vad, you got the SPY all-time high party hat ready?
01[11:45] {&Threei}  gotta dust it off
[11:54] {thomcbell} vad do u have anything on right now?
01[11:54] {&Threei}  looking around...
01[11:54] {&Threei}  no
01[11:54] {&Threei}  slow creep-up
01[11:54] {&Threei}  need reversal for setups to start appearing again
01[12:01] {&Threei} Short Setup: MCD  .20 break
01[12:01] {&Threei}  If holds  .25
[12:04] {Alexs} MCD triggered?
01[12:04] {&Threei}  not yet
[12:04] {Alexs} k ty
01[12:05] {&Threei}  now it did
[12:05] {Alexs} now I see
[12:06] {Les} SLW coming down GDX may follow here
[12:06] {Les} .40 short?
[12:06] {Les} nah
[12:07] {Les} forgetit
01[12:07] {&Threei}  why
01[12:07] {&Threei}  if holds .45
01[12:07] {&Threei}  why not
[12:07] {nemo} should be good to .35 then seee what happens
[12:07] {Les} was gonna avoid guessing the top
[12:07] {Les} waiting for it to come down a little
01[12:08] {&Threei}  it's a valid setup
01[12:08] {&Threei}  .40 is a good support, .45 is a good resistance
01[12:10] {&Threei}  did MCD really dive to .11 or is it erroneous print?
[12:10] {Alexs} it did
[12:10] {Les} yeh
01[12:10] {&Threei}  missed it
[12:11] {Alexs} it was just 200 shares
01[12:11] {&Threei}  ok... useless then
01[12:11] {&Threei}  but let's trail to .22 now
[12:14] {dino} .
01[12:15] {&Threei}  that's a good point actually
[12:15] {nemo} yep...we're bored
[12:15] {ese} outta here cya tomorrow
01[12:16] {&Threei}  take care ese
01[12:18] {&Threei}  meh
[12:19] {drewj} when will the trend end???
[12:19] {Will49} that's it for me today
[12:19] {Will49} cheers guys
01[12:19] {&Threei}  take care will
[12:19] {drewj} take care will
[12:19] {nemo} party hat time
[12:20] {dino} swk hl l .49
[12:38] {thomcbell} I bought 74.51 break on SWK a few minutes back
[12:38] {thomcbell} FYI
01[12:39] {&Threei}  good one
[12:39] {thomcbell} 1:1
[12:41] {thomcbell} swk 1:2
[12:41] {dino} followed me, huh tbell
[12:42] {thomcbell} yes - it added conviction to my vad setup
[12:43] {thomcbell} tu
[12:43] {dino} stop to .73
[12:44] {dino} out +.24
[12:49] {dino} anik spike
[12:52] {nemo} looks like spy wants to get the stops above 173
[12:53] {nemo} btw, I think the top of the channel from last November when this rally kicked off is just above 173
[12:57] {RonS} prkr
01[12:58] {&Threei} Long Setup:  BBY  .85 break
01[12:58] {&Threei}  If holds  .80
[12:59] {RonS} prkr 20 mil sh short ...danger...
[13:02] {Alexs} bby more looks like dbi doesn't it?
01[13:03] {&Threei}  no... why dbu?
01[13:03] {&Threei}  are you looking at whole day chart?
01[13:03] {&Threei}  or some limited time window, like an hour or two?
01[13:03] {&Threei}  I see nothing even close to DBI
[13:04] {Alexs} last 15 min I mean
01[13:05] {&Threei}  if you cut them out of the day chart, yes... but that's not how you evaluate the chart configuration
[13:05] {dino} prkr patent win over qcom
[13:06] {dino} nus drop
01[13:15] {&Threei}  sigh
[13:15] {dino} hgis
[13:17] {RonS} ?
[13:19] {thomcbell} my stop on swk is 74.70 on last 1/4
[13:24] {RonS} z pressure...
[13:25] {Alexs} fb long 52?
01[13:25] {&Threei}  yup
[13:29] {Alexs} stop .89?
01[13:29] {&Threei}  of course
01[13:29] {&Threei}  after making new high I'd trail to .94
[13:30] {Alexs} no worky
01[13:30] {&Threei}  what the deuce
01[13:31] {&Threei}  moved as if there were news
01[13:31] {&Threei}  but there is none
[13:31] {Alexs} looks like a rinse
01[13:33] {&Threei}  no... honest stop
[13:33] {Alexs} yes
01[13:38] {&Threei}  be back in 30 min
[13:39] {dino} ufpi smr s .75 ave
[13:46] {RonS} kors selloff
[13:47] {Alexs} news?
[13:48] {RonS} came out of closet...turns out he's straight...
[13:49] {dino} kors sm l .04
[13:51] {dino} kors stop .74 -.30
01[13:56] {&Threei}  back
01[13:56] {&Threei}  Michael Kors Holding Ltd Hearing weakness attributed to cautious industry (NPD) data
[13:57] {dino} kors sm l .84
[14:00] {dino} out kors .64, +.80
[14:01] {Alexs} nailed the bastard dino
[14:01] {dino} overall, yeah, lucky
[14:01] {RonS} ns, lost connection here...
[14:02] {dino} thx ron for heads up on kors
[14:09] {Alexs} GLD looks short .45
01[14:09] {&Threei}  very much so
01[14:10] {&Threei}  I am just a bit hesitant, seeing how a few last trades of this kind went
[14:10] {Alexs} yes it's different today
[14:12] {dino} yes, we are working for our cake today
[14:27] {Alexs} c long on .86?
[14:27] {Alexs} or .80 recross
01[14:28] {&Threei}  .80 short looks more entising
01[14:28] {&Threei}  snticing
01[14:28] {&Threei}  enticing
[14:28] {Alexs} lol
[14:28] {nemo} interesting
01[14:28] {&Threei}  tempting
01[14:28] {&Threei}  there
[14:29] {Alexs} ok
[14:33] {dino} tw drop
[14:37] {RonS} nus peeling...
[14:37] {nemo} indexes are actually looking long
[14:40] {dino} partial fill cov ufpi .35, +.40, gappy sucker
[14:40] {dino} ok, filled
[14:40] {dino} tw news?
01[14:41] {&Threei}  nothing fresh
[14:41] {nemo} old, rancid, unbathed news
[14:41] {dino} spoiled
[14:42] {nemo} adulterated
[14:42] {nemo} deflowered
[14:42] {nemo} Bohica'd
[14:42] {Les} slapped
[14:42] {Les} outta here a+
01[14:43] {&Threei}  lol
[14:43] {nemo} I'm frickin' outta' my mind bored
01[14:44] {&Threei}  good old slow creep-up... we forgot how infuriating it can be
[14:44] {nemo} arguably now finnies and spy showing short, but I don't think it will have much range to it
[14:44] {dino} i hear ya nemo, only 2 trades in last 3 hours
[14:45] {dino} damn missed tw
[14:45] {nemo} FAS offered a nice entry around 10:45 other than that, the indexes have been a slow grind
[14:54] {RonS} busted momo...slca
[14:55] {RonS} ffiv looking for a cliff dive...
[14:55] {nemo} yeah, I missed the setup at 1:15
[14:58] {dino} tw lod
[15:00] {nemo} gmcr
[15:00] {dino} tw moves a buck in seconds
01[15:01] {&Threei}  pilp
01[15:01] {&Threei}  pulp
[15:01] {RonS} lol
[15:01] {nemo} gmcr likely to close the gap soon
[15:01] {RonS} thinkin pilp is pulpeyer than pulp
[15:02] {RonS} pulpier
[15:02] {RonS} wmt 5 day low
[15:02] {dino} wmt drop
[15:02] {RonS} gmcr 112 day low
01[15:04] {&Threei}  that was out of bounds print on WMT I guess
[15:04] {dino} thinking same, saw 71s
[15:04] {Alexs} gap form may 8 nemo?
01[15:04] {&Threei}  yup, with huge volume
[15:05] {nemo} then it will probably bounce up to test the 200 day
[15:06] {nemo} that's the generally accepted definition of a bull bear line for a stock
[15:06] {nemo} forgot, it's op ex week
[15:08] {dino} yeah, 3rd friday
01[15:09] {&Threei} Short Setup: BBY  .60 break
01[15:09] {&Threei}  If holds  .70
[15:11] {RonS} lol, was just thinkin...always thought pulp referred to how oats moves through my system...sheesh
[15:14] {dino} lol
[15:14] {nemo} yeah, TMI
[15:23] {RonS} at least it didn't trigger...
[15:23] {nemo} sheesh, gdx gave up the ghost
[15:23] {drewj} that's all for me guys...have a good day
01[15:24] {&Threei}  take care drew
01[15:24] {&Threei}  some days are just...
[15:24] {nemo} LVS running ahead of earnings
[15:30] {Alexs} aig short .65
01[15:30] {&Threei}  will we get any selling into eod
01[15:30] {&Threei}  in hope that we will,
01[15:30] {&Threei} Short Setup: C  51 break
[15:30] {nemo} I don't think so with Op Ex
01[15:30] {&Threei}  If holds  .06
[15:33] {thomcbell} big cup in process on 15 min
[15:33] {thomcbell} and 10 minute but really a nice one on 15
[15:33] {thomcbell} on s[y
[15:33] {thomcbell} spy
01[15:34] {&Threei}  yes
[15:36] {Alexs} c valid?
01[15:36] {&Threei}  I think so
01[15:37] {&Threei}  looks double-toppish
01[15:37] {&Threei}  any help by SPY should send it down
01[15:39] {&Threei}  Invalidated
01[15:39] {&Threei}  AIG is, too
[15:39] {nemo} spy is likely going to the .20 area
01[15:42] {&Threei} Short Setup: GLD  .25 break
01[15:42] {&Threei}  If holds  .35
01[15:42] {&Threei}  last attempt
[15:44] {nemo} you can short indexes here real tight stop
01[15:45] {&Threei}  Invalidated
[15:45] {Alexs} it's not our day
01[15:45] {&Threei}  no
[15:45] {nemo} https://twitter.com/nemome/status/390744991179358209/photo/1
[15:46] {nemo} nope
[15:47] {dino} bummer, decent day here
[15:47] {nemo} grind up days are almost never good days for the Sith Lord
[15:48] {nemo} huge buy imbalances
01[15:48] {&Threei}  well, when market was in that mode long enough we did adjust to it
01[15:48] {&Threei}  but when it's a one-off...
01[15:48] {&Threei}  index stop would have been hit too
01[15:49] {&Threei}  ok guys, let's close on this
01[15:49] {&Threei}  we will get them tomorrow
[15:49] {nemo} yeah, the imbalances just came out big to the buy side this is going up
[15:49] {nemo} there is no book up here, clean air

Wednesday, October 16, 2013

Oct 16 2013

Decent day with profitable balance, even though couple trades rinsed us. Overall though, headline risk diminished greatly

Session Time: Wed Oct 16 00:00:00 2013
[08:37] {nemo} In honor of the ongoing debt ceiling debate:  There's light at the end of the tunnel...Let's hope it's not an oncoming train!  ;-)
01[08:54] {&Threei}  well... it is
[08:54] {nemo} yeah
[08:56] {nemo} when this thing is finally resolved we're gonna' have a huge untradeable move, probably north
01[08:56] {&Threei}  except for PMs
[08:56] {nemo} yeah
[09:07] {drewj} gm
01[09:08] {&Threei}  drew :)
[09:09] {drewj} hey
[09:09] {drewj} i was reading your book last night and i have a question when you have time...
01[09:09] {&Threei}  dhoot
01[09:10] {&Threei}  d=s
[09:10] {drewj} what do you mean when you say you buy with the buyers and sell with the buyers?
01[09:10] {&Threei}  buy when stock turns uo, sell before it turns down
[09:11] {dino} gm
01[09:11] {&Threei}  in othert words, sell when you can, not when you have to
01[09:11] {&Threei}  dino :)
[09:11] {drewj} hey dino
[09:12] {drewj} that's how you stick to taking part of a move then...right?
01[09:12] {&Threei}  pretty much
[09:12] {drewj} makes sense...gracias
01[09:12] {&Threei}  market history is full of people who got the move right, and lost money
[09:12] {nemo} same thing can be said about divorce
01[09:12] {&Threei}  simply because they stuck around for too long
01[09:13] {&Threei}  see oil a few years ago
01[09:13] {&Threei}  see gold for the last couple years
[09:13] {nemo} or idiots in gmcr right now
01[09:13] {&Threei}  see tech boom in 2000
01[09:13] {&Threei}  and drilling deeper in history, see tulip mania :)
[09:13] {drewj} so it's just taking pieces of the pie instead of getting greedy
[09:14] {dino} gm drew, 3i
[09:14] {nemo} or do it the government way and steal it from the citizenry
[09:14] {drewj} ty
[09:14] {nemo} looks like a 171 test on the spy
[09:16] {Will49} gm
01[09:16] {&Threei}  will :)
[09:17] {drewj} hey will
[09:18] {Will49} yo drew
[09:18] {Will49} iobot really cleaned things up for me
[09:18] {Will49} took about two hours
[09:19] {drewj} now how's it running?
[09:19] {Will49} i think my laptop even had a venereal disease :)
[09:19] {RonS} good morning everyone...
[09:19] {Will49} a lot quicker
01[09:20] {&Threei}  ron :)
[09:20] {drewj} there's more  you can do but we should talk on another channel so we don't anger cc...:)\
[09:20] {Will49} hey ron
[09:20] {Will49} good idea drew
[09:20] {RonS} aap nuts...2 mil shares short...
[09:21] {RonS} regn...buy any dips...
[09:21] {drewj} for now just clean it once a week...especially if you use the internet
[09:21] {Will49} ok tks drew
[09:23] {Alexs} gm
01[09:24] {&Threei}  alex :)
[09:24] {+cc_9} Mornin'
01[09:25] {&Threei}  cc9 :)
[09:29] {ese} gm
01[09:29] {&Threei}  ese :)
[09:29] {+cc_9} VISN this thing is a beast...
[09:30] {dino} rcpt sm s .69
[09:32] {+cc_9} VISN whoa
01[09:34] {&Threei} Short Setup: GDX  .55 break
01[09:34] {&Threei}  If holds  .65
[09:35] {+cc_9} SWK plunging
[09:36] {dino} lowered guidance
[09:36] {+cc_9} IVZ continuing yesterday's death
[09:36] {dino} gap around 75 swk
01[09:37] {&Threei}  1:1
[09:40] {nemo} aap
01[09:40] {&Threei}  1:2
01[09:42] {&Threei}  {GDX} Will, I heard you have laptop troubles, so I decided to move slowly, not to overtax your technical resources
[09:42] {Les} gm
01[09:42] {&Threei}  les :)
[09:42] {Will49} what a guy :)
[09:42] {drewj} c breakout?
01[09:42] {&Threei}  well, it was so proud to be designated as our Fur Boots sing
[09:43] {Will49} you also likely heard that I'd love a couple of 1:3 to start
01[09:43] {&Threei}  chart is right drew, but SPY retreats
01[09:43] {&Threei}  I'll skip it
[09:43] {drewj} ok
[09:43] {drewj} i actually saw that too
[09:44] {Will49} vad...tks to drew (and nemo) laptop is much better today
01[09:44] {&Threei}  in many cases I actually like this combination as it may work as a sign of nice relative strength
[09:44] {drewj} you mean for trades later in the day?
01[09:44] {&Threei}  but C can be unusually treacherous sometimes
01[09:45] {&Threei}  I saw that will, that's nice program drew showed
[09:45] {Will49} gonna load it on my pc back home also
01[09:45] {&Threei}  see how C moved both up and down with no rhyme or rhythm
[09:45] {drewj} the paid version is better and i think that it supports up to 3 pc's
[09:45] {drewj} for $20
[09:45] {drewj} lifetime subscription too
[09:46] {Will49} good deal
[09:46] {drewj} cat breakdown?
01[09:47] {&Threei} Long Setup:  ABX  .70 break
01[09:47] {&Threei}  If holds  .60
[09:47] {+cc_9} Talk about leaving money on the table...http://img266.imageshack.us/img266/9969/mwfn.jpg
[09:48] {Les} hehe shit ourselves did we cc?
[09:50] {nemo} condition you know well Les?
[09:51] {dino} cov rcpt .89, +.80
[09:51] {Les} someone say something?
[09:51] {Will49} f off les
[09:51] {Les} :)
[09:51] {Will49} how's that?
[09:52] {Les} not bad for a geriatric
[09:52] {Will49} lol
[09:52] {nemo} this market wants up so badly, when they settle this thing it's gonna' be a rocket ride higher
[09:53] {dino} or a big sell the news
[09:53] {nemo} no, that's what will be expected
[09:53] {nemo} this should push spy to new all time highs
01[09:54] {&Threei}  no go
[09:56] {+cc_9} DUST $41.00 ugh
[09:57] {RonS} hearing... zerohedge tweet just said Boehner caves in,  said to agree with Senate plan.
[09:58] {+cc_9} of course he is going to
[09:58] {nemo} but does he have the votes
[09:58] {+cc_9} he caved for his daughter marrying bob marley's long lost nephew
01[09:58] {&Threei}  (US) House to reportedly consider voting on Senate debt ceiling/funding bill before the Senate votes in order to expedite the bill - Politico.com- Politico notes that if the House passes the bill first and sends it to the upper chamber, it would eliminate some burdensome procedural hurdles in the Senate and require just one procedural roll call with a 60-vote threshold needed to advance the bill toward final passage in the Senate. - Follow up: Senate negotiators are said to be very close to announcing a deal, according to aides. - Congressional aide confirms Senate and House leaders are talking about ways to expedite passage of the bill, Boehner to allow vote in House to pass with Democratic votes.
[09:59] {+cc_9} SWK coming back some
[10:05] {dino} out leftovers z from thursday, 82.90, +3.90
[10:06] {Will49} cheater:)
[10:06] {dino} lol
[10:10] {dino} inv hl l .75 stop lod
01[10:10] {&Threei} Short Setup: SLW  .90 break
01[10:11] {&Threei}  If holds  22
[10:11] {RonS} dino ???
[10:12] {Les} SDS 35 break is interesting
[10:12] {dino} ron?
[10:12] {RonS} inv?
[10:13] {nemo} just short sso
[10:13] {dino} opps ivz sorry
[10:13] {dino} wow, way off on that
[10:23] {dino} fang sm s .32
01[10:28] {&Threei} Long Setup:  C  .20 break
01[10:28] {&Threei}  If holds  .10
[10:28] {dino} cov fang .60 -.28
[10:29] {Alexs} and pray for good news
01[10:31] {&Threei}  or no news
01[10:31] {&Threei}  either would work
[10:32] {Alexs} today no news impossible
01[10:32] {&Threei}  well, for the duration of the trade
[10:32] {Alexs} lol
[10:33] {Alexs} ok Boehner is ready
[10:33] {dino} elli sm l .30
[10:35] {nemo} aap setting up for bounce here
[10:39] {Alexs} what about .10 entry?
[10:39] {dino} elli struggling, stop is b \ lod
01[10:39] {&Threei}  yup
01[10:39] {&Threei}  change to .10 break
01[10:39] {&Threei}  If holds  .05
[10:43] {dino} ivz to b/e
[10:44] {Alexs} oh no
[10:47] {dino} out ivz .99, +.24
01[10:50] {&Threei}  Senate deal about to be announced, sources say
[10:50] {dino} elli stop -.08
01[10:50] {&Threei}  Bipartisan deal in hand to reopen government, avoid default, Republican senator says
01[10:51] {&Threei} Short Setup: GLD  .70 break
01[10:51] {&Threei}  If holds  .80
[10:53] {dino} wtf elli
[10:54] {RonS} Tom Caughlin?
[10:54] {Alexs} stop still .81?
[10:54] {RonS} ...saying that regularly...
01[10:55] {&Threei}  .76
[10:55] {dino} takes me ou at .23, runs to .80s
[10:55] {Alexs} k
[10:55] {Les} inverted cup and handle slw
[10:56] {dino} fang rinsed also
01[10:57] {&Threei}  1:1
[10:58] {RonS} ya, i sold you your cover at .60 and held...want .10...
[10:59] {dino} you sob, :)
[10:59] {RonS} got shook out of elli like you, if that makes you feel better :)
[11:00] {dino} that was a f job, figured break lod and go to high .60s below for re-load, no go
01[11:00] {&Threei}  frikin GLD, reversed 2 cents from 1:2
01[11:02] {&Threei}  C... sheesh
[11:02] {Alexs} bby
01[11:09] {&Threei} Short Setup: C  .40 break
01[11:09] {&Threei}  If holds  .45
[11:10] {RonS} elli tackled...
[11:11] {nemo} spy likely has to get to .21 before a C short possible
01[11:12] {&Threei}  1:1
[11:15] {nemo} 1:2
01[11:15] {&Threei}  ?
01[11:15] {&Threei}  not yet
[11:15] {nemo} .05 stop
01[11:15] {&Threei}  then 1:3
[11:15] {nemo} hell, you're 1:3
[11:15] {Alexs} lol
01[11:16] {&Threei}  we agreed to count r/r in 10 cents even when stop is 5
01[11:16] {&Threei}  since we rarely if ever take 5 cent profits
[11:16] {Les} sounds like a wall st accounting gimmick to me
01[11:16] {&Threei}  and to keep it uniform...
01[11:16] {&Threei}  imagine:
[11:17] {nemo} so youdon't have to think....I understand
01[11:17] {&Threei}  1:1 but since it's 5 cents stop we don't take profit here
01[11:17] {&Threei}  1:2
01[11:17] {&Threei}  actually, the opther way around Les
01[11:17] {&Threei}  stats would have looked way better if I counted r/rs from 5 cent stops point of view
[11:18] {Les} I don't wanna think and this is hurting my head...
01[11:18] {&Threei}  so I adopt this way for trading correctness sake while sacrificing PR
01[11:18] {&Threei}  right now I would be announcing 1:4 if not for that
[11:20] {Les} watching SDS for DB
[11:22] {RonS} mr fat chance?
[11:22] {Will49} lol ron
[11:24] {Alexs} makes sense to trail to .21?
[11:24] {dino} wait for it.... out bofi from thursday, 69.75, +5.25
[11:25] {Will49} aw come on dino
01[11:25] {&Threei}  .25...
06[11:25] * Les slaps dino around with a huge roll of cash
[11:25] {dino} i know, cheating
[11:26] {dino} if it makes you feel better ot was only 300 sh
[11:26] {Will49} buy a lottery ticket today
[11:26] {dino} elli sm l .15
[11:26] {Will49} makes me feel good when you do good
[11:26] {dino} thx
[11:26] {Will49} you're my hero :)
[11:27] {Will49} after Vad, that is
[11:27] {Will49} i know....brown noser
01[11:27] {&Threei}  to .21 now
[11:40] {+cc_9} SWK creeping up
[11:40] {RonS} racheting?
[11:44] {Les} c JBE
[11:48] {Les} great entry on ELLI dino
[11:48] {Les} wanted over .20 but a bit spready and jumped fast
[11:49] {Alexs} what's your target SWK cc?
[11:49] {+cc_9} Need it first over $78 before anything
[11:50] {+cc_9} if stays sideways, algos will keep it flat on spread trading till the bell
[11:50] {Alexs} ok thanks
[11:51] {dino} out elli .68, +.53
[11:52] {dino} thx ron for heads up on it 11:11
[11:52] {RonS} np
[11:56] {Alexs} c forming c&h
[11:59] {RonS} lulu
[12:00] {dino} lulu drop
[12:03] {dino} missed, was waiting 73.02
[12:04] {Les} vad IVZ short .70?
01[12:05] {&Threei}  nah
[12:05] {Les} sorry BBY
01[12:05] {&Threei}  .80. maybe
[12:05] {Les} wrong ticker
01[12:05] {&Threei}  yup, this one looks nice
[12:05] {Les} BBY short .70
[12:05] {+cc_9} LULU nice alert.
[12:07] {Les} nasty one to play with though cc .70 cent candles
[12:07] {Will49} Vad..clarify call on BBY please
[12:09] {+cc_9} no such thing as nasty  Les
[12:09] {+cc_9} LULU has a pattern of recovering on any intraday sell-off
[12:09] {+cc_9} its back near 75 now
01[12:09] {&Threei} Short Setup: BBY  .70 break
01[12:10] {&Threei}  If holds  .80
[12:10] {Will49} tks
[12:13] {Les} lulu coming down for a second go
[12:13] {dino} oils rockin
[12:17] {+cc_9} SWK there she goes!
[12:18] {+cc_9} Alexs, keep on radar
[12:18] {Alexs} thanks cc
01[12:20] {&Threei}  stop to .76
[12:21] {Les} lulu looking like its getting dumped
[12:21] {Will49} DB Vad?
01[12:21] {&Threei}  shouldn't be
[12:21] {Will49} why the drop in stop?
[12:21] {+cc_9} SWK clearing .30 bid here
[12:22] {dino} amx spike
01[12:22] {&Threei}  topped round .70 on the bounce and revisited the low...
[12:22] {Will49} aha
[12:22] {Will49} tks
[12:22] {dino} amx sm s .16
01[12:23] {&Threei}  let's over half
01[12:23] {&Threei}  too much hesitance near 1:1
[12:23] {RonS} AMX withdrawing offer for KPN
01[12:23] {&Threei}  don't want to miss the cover and then bitch about 1 cent
01[12:23] {&Threei}  over = cover
[12:23] {Les} especially as it is my first setup since returning
[12:24] {Les} need some good vibes
01[12:24] {&Threei}  gernuine 1:1 now
[12:24] {dino} thx ron
[12:24] {Les} Danny got me up and running on DAS
01[12:24] {&Threei}  -r
01[12:24] {&Threei}  here come good vibes
01[12:24] {&Threei}  *(US) SENATE LEADERS CONFIRM BIPARTISAN PLAN ON REOPENING GOVT AND DEBT LIMIT EXTENSIONProvisions include: - Funding govt through Jan 15 - Debt limit extension through Feb 7 - Negotiations on a longer term debt reduction agreement to be reached by mid-December. Sen Murray and Rep Ryan to lead the budget conference committee. - Agreement does not limit Treasury authority to use extraordinary measures to extend debt limit [which would allow Treasury to extend debt deadline through March 2014]. - Senate Minority Leader McConnell (R-KY): Confident that govt will be reopened, spending issues to be addressed. Republicans will continue to try to overturn Obamacare, claims Obamacare is 'ravaging the country'. - Separately, Republican Senators say they do not expect Senator Cruz to hold up passage of the deal in the Senate.
[12:24] {Les} hehehe
[12:25] {Les} DIE!!!!!!!
[12:25] {dino} amx cov .12, +.02
01[12:26] {&Threei}  (CA) Canada PM Harper office under evacuation by the police as a result of a suspicious package- Canada press- Suspect is in custody
[12:26] {RonS} Sen. Ted Cruz, R-Texas, says he won't block a vote in Senate to end debt ceiling crisis - @CNNPolitics
[12:26] {Les} you sending meatloaf in the mail again vad?
[12:27] {Les} russian sausage?
[12:27] {Alexs} so where is the rally?
[12:27] {Alexs} looks like market doesn't care
[12:27] {RonS} spy up 22 and Alex wonders where is rally?
[12:28] {dino} reload amx sm s .44
[12:28] {RonS} spx...
01[12:29] {&Threei}  1:2
[12:29] {Les} yeh baby
[12:30] {dino} 07 red
[12:30] {Les} guess wall st needed 5 mins to put down their buritos
[12:32] {dino} cov amx .04, +.40
[12:34] {Will49} nice 1:2 vad
[12:34] {Les} out ty
01[12:34] {&Threei}  :)
[12:34] {Will49} managed to catch the .50 right on
[12:36] {Les} thought about it Will but wanna stretch out the r/r something failed to do last time
[12:36] {Will49} yeah...i feel a little guilty exiting too
[12:37] {Will49} not going by our rules
[12:38] {Will49} but then again.....
[12:38] {Will49} evn the master pinched the 1:1 by a cent
[12:38] {Will49} even
[12:38] {Les} :)
[12:39] {Will49} Vad nervous=me nervous
[12:39] {Will49} someday i'll get nervous on my own
[12:40] {dino} lol
[12:46] {nemo} aap lookin gshort
01[12:49] {&Threei}  lol
01[13:03] {&Threei}  "Creditworthiness is like virginity, It can be preserved but not restored very easily." - Buffett
[13:03] {Will49} LOL
[13:03] {Will49} not funny, i guess
06[13:09] * Les slaps Warren Buffet around with a packet of condoms
[13:09] {Les} sds cup and handle breakout
[13:12] {nemo} spy just testing vwap for first time, not yet
[13:13] {nemo} finnies haven't tested it
[13:13] {Les} yeh stright into vwap sds
[13:13] {nemo} if it resists .80 then things getting interesting for short
[13:21] {Les} outta here a+
[13:24] {dino} rcpt spike
[13:29] {dino} ugh! partial fill rcpt s .74
[13:46] {dino} stop rcpt .97 -.23
[13:47] {drewj} dino how do you find these stocks?  Are you using vad's scanner?
[13:47] {dino} not vads, my own scanners
[13:48] {drewj} would you mind telling me what they are?
[13:48] {dino} 07 is a constantly moving 20 stocks, each must move by .07 to show
[13:48] {dino} others top 25% movers up/down for today and afterhours
[13:49] {drewj} i understand the second thing you said but what about 07 and 20?
[13:49] {dino} on the .07, it must be new daily hi or low, if hits multiple times, its pulp
[13:49] {drewj} what site or platform do you use for this?
[13:50] {dino} now that you know, i must kill you
[13:50] {drewj} oh boy
[13:50] {drewj} take it easy goose
[13:50] {dino} its in my trading platform, i just adjusted it to suit my "edge"
[13:51] {drewj} what platform do you use?
[13:51] {dino} ron and cipher must use somthing similar, they post some of the same stuff my scanners kicking out
[13:52] {dino} street smart edge
01[13:52] {&Threei}  any scanner showing large moves will spit those out
[13:53] {RonS} use madscan here...
[13:54] {dino} rinsed rcpt
[13:59] {dino} rcpt sm s .55
01[13:59] {&Threei}  beige book
01[13:59] {&Threei}  usual bs
01[14:00] {&Threei}  *(US) FED'S BEIGE BOOK: ECONOMY GREW AT MODEST TO MODERATE PACE IN MOST DISTRICTS
01[14:00] {&Threei}  (US) House Republican caucus to meet at 1500ET; Senate vote to come after 17:00ET, House expected to vote later tonight - CNBC- Rep Lankford (R-OK): The deal is expected to pass the House - CNBC - Follow up: Senate aides indicate House and Senate will pass the deal later today, allowing President Obama to sign it into law before the Oct 17th deadline. - Indicates bill will include back pay for Federal workers. - Follow up 13:35ET: House to allow Senate to vote first on the debt agreement - House Minority Leader Pelosi: Would have liked to see debt celing lifted beyond February; hopeful bill can be in the House this evening - Senate Vote expected at around 1700ET; House vote later in the evening.
[14:01] {dino} paid vacations for fed workers, sheesh
[14:02] {nemo} The Dems are going to be able to put through any legislation they want now.  Republicans have castrated themselves
[14:02] {RonS} ...they were on vacation anyway so double pay?
01[14:04] {&Threei}  this will teach those repubs how to defund the government. Not only they haven't saved any money, they also allowed fed workers to have nice couple weeks off, with full pay
01[14:04] {&Threei}  spineless clueless bunch...
[14:04] {dino} grmn spike
[14:05] {Alexs} they got just one thing all democratic congress next year
[14:06] {nemo} that means FTT and an end to day trading
[14:06] {RonS} FTT?
[14:06] {dino} ?
01[14:06] {&Threei}  I doubt that
[14:06] {nemo} Financial Transaction Tax
[14:06] {dino} no way
[14:06] {nemo} yep
01[14:07] {&Threei}  there is appetite for that only in extreme fringe left
[14:07] {nemo} Europe is doing it
[14:07] {RonS} ...only if Congress exempted
[14:07] {dino} better chance jets winning superbowl
[14:07] {nemo} no my guy here from Southie all for it
01[14:07] {&Threei}  Europe is regretting it
[14:07] {nemo} Congress already exempted from everything regarding trading
[14:07] {dino} sure, they sold few weeks ago and bought yesterday
[14:09] {Will49} gotta go take care of the home fires
01[14:09] {&Threei}  if alex is right and we have hourse turning democratic next fall, it will be official: republicans' brand is the worst PR folks ever
01[14:09] {&Threei}  home fires?
[14:09] {Will49} see ya Monday...good luck in the last hour
01[14:09] {&Threei}  take care will
[14:09] {dino} fall is a long time away, lots can happen
[14:09] {nemo} if economy gets worse, that goes democrats way
01[14:10] {&Threei}  is it new code word for wife, home fire?
[14:11] {RonS} ...never known a guy who admits to being whipped so often...well, uh, except Les...
[14:11] {dino} lol
[14:17] {nemo} the only reason the GOP held on to the House was re-districting\
[14:18] {RonS} wherer? the dems screwed the republicans here...
[14:18] {RonS} total gerrymander
[14:19] {nemo} Yeah, happens in MA too, but that's all that helped them hold the House
[14:20] {dino} two words; term  limits
[14:21] {nemo} never happen
[14:24] {RonS} the thing that pisses me off is how dems srew up a state and it gets so bad they move to a repub state...
[14:24] {RonS} ...and carry their same politics, change it, and screw it up...
[14:25] {RonS} CO, NC, SC to name a few...
[14:26] {nemo} and all the MAssholes leave here and fuck up Maine NH and VT
[14:26] {RonS} first Clinto election there were 200k more repubs than dems in CO...next election even...next +200k dems...freakin dem white flight from CA
01[14:31] {&Threei}  Club for Growth recommends conservatives vote against the bipartisan Senate deal- Note: Reports yesterday evening indicated that the House did not come to a vote after the Heritage Action Committee threatened poor marks for any Republicans who supported the deal.
01[14:31] {&Threei}  {--- crying
01[14:32] {&Threei}  poor marks eh
01[14:32] {&Threei}  and gold stars for those who vote against?
01[14:33] {&Threei}  hey, I can paint within the lines (I think) - do I get a gold star?
01[14:33] {&Threei}  I am sure this skill is quite advanced for that crowd
[14:33] {Alexs} lol
01[14:34] {&Threei} Long Setup:  C  .61 break
01[14:34] {&Threei}  If holds  .55
[14:36] {dino} rcpt stop .77 -.22
[14:42] {dino} wow rcpt
01[14:44] {&Threei}  http://media.cmgdigital.com/shared/lt/lt_cache/thumbnail/400/img/photos/2013/10/15/cf/92/14-obamacare-restaurant-sign_560x375_1.jpg
01[14:50] {&Threei}  1:1
[15:14] {nemo} well, at least we should be able to get this headline risk out of the way for a while
[15:16] {dino} rcpt rinsed again, crazy one
[15:37] {+cc_9} i am not on auto away screw you mibbit!
01[15:38] {&Threei}  lol
[15:40] {nemo} mibbit has good taste
[15:42] {RonS} uri
[15:43] {nemo} news?
01[15:43] {&Threei}  market is finishing as JBE
[15:43] {RonS} earnings release...
01[15:43] {&Threei}  United Rentals, Inc Reports Q3 $1.63 adj v $1.58e, R$1.31B v $1.31Be- Guides FY13 adj EBITDA $B (prior $2.25-2.35B)
[15:43] {nemo} gotta' get those all time highs sooner or later, however IBM could put a damper on that after hours
[15:45] {nemo} wow
[15:46] {dino} couple big gaps below on spy, dia
[15:46] {nemo} and one above
[15:46] {dino} 172.73?
[15:47] {nemo} yeah starting around .32 I think
[15:47] {nemo} IWM forming a wedge, couldn't get below vwap all day, finnies either
[15:48] {nemo} probably boom higher tomorrow as a relief rally
[15:48] {dino} leaving another gao i imagine
[15:48] {dino} gap
[15:51] {Alexs} ty and gn all
01[15:52] {&Threei}  thank you all
01[15:52] {&Threei}  have a good evening, see you tomorrow
[15:52] {dino} thx vad, gn all

Tuesday, October 15, 2013

Oct 15 2013

The day started well, then as every fool who wanted a mike got one and introduced sudden spikes in the market, a few stops took us below the waterline. Then 1:4 trade on GLD restored order of things effectively taking us slightly in positive territory. I reckon we have two more days of this intense attention-seeking from the clowns. Actually no,  I like clowns.

Session Time: Tue Oct 15 00:00:00 2013
[09:00] {dino} gm
[09:00] {RonS} gm
[09:02] {drewj} gm
01[09:04] {&Threei}  morning dino, ron, drew
01[09:15] {&Threei}  wow
[09:18] {Will49} gm
01[09:18] {&Threei}  will :)
01[09:19] {&Threei}  so, this drop caused by this only: (US) House Rep Ryan (R-WI): Senate provisions on budget are not enough to solve the problems ?
[09:19] {+cc_9} good morning everyone
01[09:19] {&Threei}  cc9 :)
[09:21] {Alexs} gm
01[09:22] {&Threei}  alex :)
[09:24] {+cc_9} keep an eye out on TDC @ the open, took a beating yesterday, came back pre-market from $44.00 flat line now hugging $45
[09:24] {ese} gm
01[09:24] {&Threei}  ese :)
01[09:30] {&Threei} Long Setup:  C  .56 break
01[09:30] {&Threei}  If holds  .45
[09:30] {+cc_9} that drop earlier Vad was a btfd opp
01[09:31] {&Threei}  as they come out and speak of whatever they ate at breakfast, lunch or had for a snack, it will repeat throuigh today and tomorrow I assume
01[09:32] {&Threei} Long Setup:  C  . 15 break
01[09:32] {&Threei}  If holds  .05
01[09:33] {&Threei}  no go
01[09:35] {&Threei} Long Setup:  JPM  .55 break
01[09:35] {&Threei}  If holds  .45
[09:36] {+cc_9} TDC sitting at $44.00 from pre-M if holds will look for long entry, if loses it will wait for where it puts bottom
01[09:38] {&Threei}  ik JPM
01[09:38] {&Threei}  it's time
01[09:38] {&Threei}  move your butt
01[09:38] {&Threei}  oh boy... republicans' remarks are coming on TV
[09:39] {+cc_9} Long here C looks better
[09:39] {Les} gm
[09:39] {Les} and Nemo
01[09:39] {&Threei}  les :)
[09:40] {Les} MVD inspection time. gonna clean up the old girl
[09:40] {Les} not a frikin word Nemo
[09:40] {Les} gotta
01[09:40] {&Threei}  MVD?
[09:40] {nemo} NKVD
[09:41] {Les} whadya u yanks call it? Motor vehicle dept?
[09:41] {nemo} old Soviet Joke
[09:41] {nemo} Beria, my hero
[09:41] {Les} nother leg down for this theatre show
[09:42] {+cc_9} ACAD breaking out on 60min chart
[09:42] {+cc_9} @ highest pps since the plunge
[09:42] {+cc_9} nearing $25
[09:42] {Les} might be godd short here cc
[09:44] {+cc_9} House to move with its own bill tonight
01[09:46] {&Threei} Short Setup: GLD  .15 break
01[09:47] {&Threei}  If holds  .25
[09:48] {Alexs} nice, how do you like republicans Vad?
[09:48] {Les} ok 2nd attempt for ACAD breakout
01[09:48] {&Threei}  I don't like either side
01[09:48] {&Threei}  1:1
01[09:49] {&Threei}  1:2
[09:49] {dino} tdc sm l .55
[09:50] {Les} spot on sir
[09:50] {+cc_9} ACAD nonstop
[09:50] {Les} yeh
[09:50] {Les} news?
[09:50] {ese} infa L 76
[09:50] {ese} .76
[09:50] {Les} dt in sso would be nice
[09:51] {Les} db sso sorry
[09:51] {+cc_9} It tanked with no news, its coming back with no news
[09:51] {+cc_9} It still has another point ahead of it imo
[09:51] {+cc_9} ACAD } $25.00
[09:51] {ese} out infa .90 +.14
[09:52] {Les} gj
[09:54] {ese} tks
[09:56] {Will49} out GLD on trail...tks Vad
[09:56] {ese} good job will
[09:56] {Will49} tks
01[09:56] {&Threei}  yw
[09:58] {+cc_9} SCTY blowing up
01[09:58] {&Threei} Short Setup: SLW  .20 break
01[09:59] {&Threei}  If holds  .30
01[09:59] {&Threei}  with trail to .26 after losing .15
01[09:59] {&Threei}  trail to .26
01[09:59] {&Threei}  1:1
[10:00] {Will49} missed
[10:00] {drewj} me too
01[10:00] {&Threei}  1:2
01[10:00] {&Threei}  anyone got it?
[10:01] {Alexs} i'm still in the GLD
[10:05] {robbers} Just out of GLD.
01[10:05] {&Threei}  nice
[10:07] {Will49} gj robbers
[10:09] {drewj} so vad are you waiting until the market gets to the next resistance level?
01[10:10] {&Threei}  just looking at the charts and waiting for the right setup
01[10:10] {&Threei}  “According to the latest poll, a record 73 percent of Americans think the country is headed in the wrong direction. But the good news: Gas is so expensive that we’ll never get there.”
01[10:10] {&Threei}  ~ Jay Leno
[10:10] {Will49} good Vad
[10:11] {Will49} don't you be fallin asleep now :)
[10:11] {drewj} does the overall market have a lot to do with which setups you choose?
01[10:11] {&Threei}  sure
01[10:11] {&Threei} Short Setup: MCD  .60 break
01[10:11] {&Threei}  If holds  .70
01[10:12] {&Threei}  market at the resistance after run-up, MCD formed kangaroo tail - short setup
[10:13] {drewj} got it
01[10:13] {&Threei}  it goes over .70, trade is invalidated - which is exactly the point of the setup strcture, to give us road signs
[10:14] {drewj} i'm starting to see how it all works together
[10:15] {dino} good to hear drew
[10:15] {drewj} thanks dino
01[10:15] {&Threei}  in a few months you won't be able to remember what it waas that you didn't see
[10:15] {Les} I'm still trying to see
[10:15] {Les} :P
[10:15] {dino} thought we might lose you there
[10:16] {Les} ACAD coming down
[10:16] {drewj} who dino?
01[10:16] {&Threei}  you are a different case Les... your task is to unsee
01[10:16] {&Threei}  and I am not kidding
[10:16] {+cc_9} NFLX losing some steam on 15min
[10:16] {drewj} so what's my task then vad?
[10:16] {Les} I can dig that
[10:16] {dino} you drew, thought you were going to quit, glad yuo didn't
01[10:17] {&Threei}  I'd put it this way drew:
[10:17] {drewj} I'm here for the long haul...I just had to retreat to think about what i'm learning.
06[10:17] * Les slaps drewj around a bit with a large trout
[10:17] {Les} I'm here for the free slappin
01[10:18] {&Threei}  yours is to stop feeling puzzled, stop pushing too hard to get it all at once and let yourself get soaked in this, so understanding comes gradually and naturally
[10:18] {nemo} what's worse, with Les, there's nothing to lobotomize
[10:18] {drewj} thanks for including me les...i was beginning to feel left out!
[10:18] {Les} hehehe
[10:18] {Les} dunno what Vad is on about, I don't see shit as it is
01[10:18] {&Threei}  that's because you saw wrong thing for too long and paid it too much attention
[10:19] {drewj} I picked up  on that vad...
[10:19] {nemo} we talking about marriage again?
01[10:19] {&Threei}  un-seeing it is necessary to frewe the room for seeing the right thing
[10:19] {Les} can't help if porn keeps popping up on my screen while trading
01[10:19] {&Threei}  yeah, that can be tough
[10:19] {drewj} I was also using way too many shares which was really causing me too much stress...
01[10:19] {&Threei}  ok MCD
01[10:19] {&Threei}  let's do it
[10:20] {dino} out tdc .00, +.45
01[10:22] {&Threei}  goingshort, look dcc please
01[10:22] {&Threei}  nice one dino
[10:24] {Les} Vad MCD is sub s3
[10:25] {Les} 4% likelihood finishing here if I remember Nemo correctly
01[10:25] {&Threei}  I've no idea what this means
[10:25] {nemo} ?
[10:25] {Les} me neither
[10:26] {nemo} oh, price gets to S4 less than 10% of the time
[10:26] {Les} refresh my memory on the stats
[10:26] {Les} thought it was lower
[10:26] {nemo} as Vad said
06[10:27] * Les slaps Les around a bit with a large trout
[10:30] {Alexs} no go MCD
01[10:30] {&Threei}  nope
01[10:31] {&Threei}  just a function of what SPY did
[10:31] {nemo} MCD just about at VWAP here
01[10:31] {&Threei}  nothihng to do with S#, % etc
[10:31] {Alexs} looks like market doesn't care about politics any more
[10:32] {Will49} wouldn't that be nice
01[10:32] {&Threei}  got over previous scare and returned to the mode "they will craft something out in the end anyway"
[10:34] {Alexs} I'm beginning to doubt
[10:35] {Will49} need some tech advice
[10:35] {nemo} shotgun
[10:35] {nemo} OO Buck or bigger
[10:35] {Will49} during first hour, my curser jumps around if i have a fast markey on screen
[10:36] {Will49} SPY for instance
[10:36] {nemo} your mouse curser?
[10:36] {Will49} if i select a slower market, curser settle down
[10:36] {Will49} yes mouse curser
[10:36] {dino} it swears at you
[10:36] {nemo} what chip you running with how much memory Will?
[10:37] {Will49} haha
[10:37] {Will49} don't know nemo...am trading on my laptop here in AZ
[10:37] {nemo} windows&
[10:37] {nemo} windows7?
[10:38] {Will49} back in BC on my tower PC..didn't have the problem
[10:38] {Will49} XP
[10:38] {nemo} how old is it?
[10:38] {Will49} 3 years
[10:38] {nemo} mhhh, likely dual core
[10:38] {nemo} what trading system?
[10:38] {nemo} DAS?
[10:39] {Will49} V120 AMD processor
[10:39] {Will49} yes...DAS
[10:39] {Will49} 2 GB DDR3 memory
[10:39] {Les} what a piece of ....
[10:39] {nemo} oh jeez
06[10:39] * Les slaps Will49 around a bit with a large trout
[10:40] {Will49} whaaa?
[10:40] {dino} dhi l .87
[10:40] {nemo} right click on the montage?
[10:40] {nemo} you should see under the left hand column  "Performance" box
[10:40] {nemo} chec "Optimized Paint (for slow computer)
[10:41] {Will49} yes...that was checked
[10:41] {nemo} how many charts you running
[10:41] {Will49} one now
[10:41] {nemo} mmhhhh
01[10:41] {&Threei}  who said what where
[10:41] {nemo} one montage and one T&S window?
[10:41] {Will49} was running two earlier but shut one down to try to solve problem
[10:41] {Will49} yes
01[10:41] {&Threei}  (US) House Speaker Boehner reportedly calls the bipartisan Senate proposal a 'hand grenade'
01[10:42] {&Threei}  see MCD?
[10:42] {Will49} even now, if i bring up SPY the curser jumps around
[10:42] {nemo} download cleanmem.exe from  PC WinTech
[10:42] {Will49} change to WMT and it is OK
[10:43] {Les} yeh, indexes had one last gasp to help MCD higher
[10:43] {nemo} headline risk is nutz
01[10:43] {&Threei}  yeah
01[10:43] {&Threei}  market reacts on each of them
[10:43] {Will49} tks nemo...I'll do that during lunch
01[10:43] {&Threei}  and they come at unpredictable times
[10:44] {Les} DAS working otherwise for ya on that laptop will?
[10:44] {Will49} yes Les, except for the jumpy curser thing
[10:44] {Will49} love DAS
[10:44] {Les} low end spec stuff u using dude
[10:45] {Les} will be back in using DAS next week
[10:45] {Les} hasn't been love at first sight
[10:45] {Les} with DAS
[10:46] {nemo} what kind of laptop is it
[10:46] {dino} beats that 286 vad uses
[10:46] {Will49} emachine
01[10:46] {&Threei}  I am yet to upgrade to that
01[10:46] {&Threei}  commodore 64 here
[10:46] {nemo} you using a touchpad?
[10:46] {Will49} yeah Les....pretty cheap hardware
[10:47] {Will49} have deactivated touchpad....that was one of obvious solutions
[10:47] {nemo} so, using a usb mouse?
[10:47] {Will49} had the touchpad AND mouse going at same time
[10:47] {nemo} oh, that's not good
[10:47] {Will49} yes usb bouse
[10:47] {Will49} mouse
[10:48] {Will49} wonder if it's a graphics card issue?
[10:48] {nemo} look in the mouse control boxes in control panel, see if there are any "enhanced" control stuff
[10:48] {nemo} doubt it's grahics card
[10:48] {nemo} if it's moving that means a signal is being created to move the cursor
[10:49] {drewj} i agree...
[10:49] {drewj} it's probably the mouse
[10:50] {drewj} the way to check is to disconnect the mouse and try the pad again.
[10:50] {drewj} if it stops then you know
[10:50] {Will49} in control panel, touchpad was still activated even though I killed it using Fn F7
[10:51] {Will49} drew....neither touchpad OR mouse behaves during fast prices
[10:51] {Will49} NOR
[10:52] {drewj} that sounds more like processor speed
[10:52] {drewj} it can
[10:52] {drewj} it can't handle  a lot of data
[10:52] {nemo} he's running a 2 gig memory dual core
[10:52] {Will49} yeah...have a pretty basic machine
[10:52] {nemo} squirrel strapped to a treadmill
[10:53] {Will49} what should I have nemo?
01[10:53] {&Threei} Short Setup: BBY  41 break
[10:53] {drewj} you can use advanced system care free to deactivate non-essential programs to free up memory and speed
01[10:53] {&Threei}  If holds  .10
[10:53] {drewj} there are a lot of background services that are running that you really don't need while you are trading
[10:54] {Les} or you can give it to the missus for poolside FB chats and upgrade
01[10:54] {&Threei}  it's a temporary travel solution...
[10:54] {Les} oh this is temporary is it?
[10:54] {Will49} yes Vad
01[10:55] {&Threei}  BBY is valid
[10:55] {Les} thought you wanted to be buried out my way
[10:56] {Les} http://www.flickriver.com/photos/highranger/3830713669/
[10:58] {drewj} here is the link... http://www.iobit.com/advancedsystemcareper.php
[10:58] {nemo} It's funny about that:  more than likely it was a .45 long colt.  The .44s didn't become popular until the 20th century
01[10:59] {&Threei}  1:1
[11:02] {Will49} tks drew
[11:02] {drewj} yw
[11:03] {nemo} be careful when you install, make sure you're not installing extra software
[11:04] {drewj} it is system optimizer that will restore your operating system to the way it was when it was first installed.
[11:04] {nemo} and ads
[11:05] {drewj} then you can use the turbo boost program while you are trading which will shut down bulky background services.
[11:05] {drewj} it does not have ads
[11:05] {drewj} i have been using it for years on my slower computers
[11:06] {drewj} i have the paid version on my trading pc which is better and only $20
[11:07] {Will49} tks to both you guys for the advice
[11:07] {drewj} sure
[11:07] {Will49} instead of going to the pool, i'll work on this :)
[11:08] {drewj} once you install it the program will do the rest
01[11:09] {&Threei}  here comes Boehner
01[11:10] {&Threei}  still as tanned as ever
[11:10] {Will49} drew..i assume i won't lose DAS or Mirc when i do this
[11:10] {drewj} it won't change your programs
[11:11] {Will49} tks, as you can see i am a bit behind the times on this stuff
[11:12] {drewj} the turbo boost function will change things like printer support so maybe try that after hours.
[11:12] {nemo} sheesh, new headline every hour
[11:12] {drewj} i don't think it will stop das in any way.
[11:12] {drewj} i use das
01[11:13] {&Threei}  (US) White House: Senate appears to be acting in good faith on budget; House republican plan is a partisan attempt to appease the Tea Party members
01[11:13] {&Threei}  heh
[11:13] {Les} down up down up
[11:13] {drewj} the best a computer can run if the hardware is good is when an operating system is freshly installed.
01[11:13] {&Threei}  those to be appeased are elcted just as any other
[11:14] {drewj} if you have an older model and you have not optimized it or re-installed an operating system then chances are you have a lot of junk files and it is pretty disorganized over all which will really slow it down.
[11:14] {drewj} my daugher has an emachine laptop and i keep it running well
[11:14] {Will49} yeah...it"really slow
[11:15] {drewj} have  you ever cleaned it or run the defragment program?
[11:15] {Will49} defrag every once in a while but doesn't seem to help much
[11:15] {Will49} cleaned if a couple of weeks ago....hear that heat is a problem, no?
[11:16] {Les} http://download.cnet.com/Auslogics-Disk-Defrag/3000-2094_4-10567503.html
[11:16] {drewj} as a computer gets used more and more the files get changed and become further and further apart
[11:16] {Les} here's a fast defragger
[11:16] {nemo} with amd chips they run hotter
[11:16] {nemo} also, you do need to clear the radiators periodically
[11:16] {drewj} the further apart they are the slower the computer seems to run.
[11:16] {drewj} it's not really broken...just disorganized
[11:16] {Will49} looks like i've got some work to do
[11:16] {drewj} you have to get the operating system back to its original state
[11:17] {Will49} tks Les
[11:17] {drewj} das is a really light program.
[11:17] {drewj} the program will do most of the work
[11:17] {Will49} OK
[11:18] {Will49} sorry for the caps there
[11:18] {drewj} was it fast when you bought it?
[11:18] {Alexs} first of all will try wipe up the screen
[11:18] {Will49} didn't mean to terminate the discussion :)
[11:18] {Will49} wipe up?
[11:19] {Alexs} lol just wipe
[11:19] {Will49} yeah drew..was fast as far as i recall
[11:20] {drewj} i'm pretty sure that with a dual core it should handle das with ease
[11:20] {Will49} but just started trading on it two weeks ago
[11:20] {drewj} how much ram do you have?
[11:20] {Will49} 2 gigs
[11:21] {drewj} that's not too much but i bet it will run smoothly when you clean it.
[11:22] {drewj} i notice a difference in performance on most computers after a month.
[11:22] {drewj} if you have not optimized it for a couple of years that may be a problem
[11:22] {drewj} good luck.
[11:22] {Will49} a month after you buy them you mean?
[11:22] {drewj} yes
[11:23] {Will49} tks again...i'll give you a progress report tomorrow
[11:23] {drewj} using the internet even a little will slow down any computer
[11:23] {+cc_9} did you folks buy the dip this morning ?
01[11:23] {&Threei}  depends of frequency of visiting porn sites... some might destroy it in hours
[11:23] {+cc_9} because we can't keep bringing this up anymore
[11:23] {drewj} ok
[11:24] {drewj} sorry cc
[11:26] {Will49} are we paying per character on Mirc or something?
[11:27] {Will49} or are we just boring you cc:)
01[11:29] {&Threei} Short Setup: SLW  .90 break
01[11:29] {&Threei}  If holds  21
[11:31] {Alexs} ?
01[11:31] {&Threei}  22
01[11:31] {&Threei}  come on
[11:36] {Les} Dino IVZ might be up your alley here
[11:37] {Les} wow FDX
01[11:43] {&Threei}  (US) Senate Majority Leader Reid (D-NV): House plan is an 'extreme' piece of legislation; Senate continues to make progress- House plan is no part of what was negotiated in the Senate
[11:46] {Alexs} looks like nobody negotiating any more everybody make speeches
01[11:47] {&Threei}  they still have 2 days
01[11:47] {&Threei}  it's 2 more days of looking important
01[11:47] {&Threei}  basking in attention
01[11:48] {&Threei}  interviews, TV appearances, blaming each other
01[11:48] {&Threei}  who in their right mind would cut that short
01[11:50] {&Threei}  oh, and the longer it draws the more you look like a savior in the end
01[11:51] {&Threei}  asking them to stop this is not unlike asking an actor to leave the scene
[11:53] {Alexs} In the past two weeks, investors have sold mountains of short-term debt issued by the government. Banks have also reduced their holdings, trimming such debt by more than 50% over that period, according to data from the Federal Reserve Bank of New York
[11:58] {Alexs} does it make sense to trail the stop?
01[11:59] {&Threei}  not really... no clear resistance to trail to
[12:00] {Alexs} k
[12:02] {RonS} sheesh...snowing...
01[12:02] {&Threei}  yikes
[12:02] {nemo} doin' lines again Ron?
[12:03] {Will49} lol
[12:03] {nemo} the old Peruvian snow storm
[12:11] {nemo} fb might be due for a bounce here
[12:13] {nemo} fib and pivot support
[12:13] {nemo} close to the whole number
[12:16] {Les} IVZ massive reversal day gap close coming
[12:17] {+cc_9} That's a pretty chart Les, added to watch list
[12:17] {Les} short covering EOD for starters
[12:18] {nemo} 32,54 us s4
[12:29] {Les} FDX dbi setup?
01[12:32] {&Threei}  kind of...
[12:33] {Les} given the vol. thinking 121 recross long
[12:34] {nemo} did that hurt?
[12:36] {Les} poor choice of verb
[12:43] {Alexs} slw stopped finally
[13:03] {Les} potential bottom here in IVZ
01[13:21] {&Threei}  be back in 40 min
[13:26] {+cc_9} Les, IVZ almost closing full gap now
[13:29] {Les} yeh onscreen.
[13:33] {Will49} drew...downloaded iobit systemcare...looks neat
[13:33] {drewj} nice
[13:33] {drewj} press the care button and watch it work
[13:33] {drewj} it will tell you how many problems you have...i'm curious what it will say
[13:34] {Will49} will let you know
[13:34] {drewj} ok
[13:34] {+cc_9} IVZ light here Les, stop loss 31.95
[13:34] {Will49} Vad...any setups since SLW
[13:34] {+cc_9} see if this thing can pop back to $33
[13:35] {Les} looking for a db
[13:38] {+cc_9} IVZ some bids
[13:38] {Les} no db let's go
[13:38] {+cc_9} IVZ need some .50s for a reversal
[13:40] {Alexs} now it more looks like a bear flag IVZ
[13:40] {Les} .25 break if holding .15
[13:40] {Les} nemo can argue over the hammer tail support area
[13:50] {+cc_9} IVZ back to the .40s
[13:50] {+cc_9} look @ IVZ on 15min volume + candle
[13:53] {+cc_9} .50s on deck
[13:53] {+cc_9} so far so good.
[13:53] {Les} where's yer entry?
[13:53] {+cc_9} .31
[13:53] {+cc_9} im shooting for 33.00 tgt
[13:54] {Les} looks good
[13:57] {+cc_9} .60s giddy up
[13:57] {Les} great reversal setup paying 1:3 already gj cc
[13:57] {+cc_9} gap filled to the T
[13:57] {+cc_9} Les, it was your alert, to thanks!
[13:57] {+cc_9} so*
[13:57] {drewj} cc is the gap at .70?
[13:57] {Les} I see these things, but gotta define it according to Vad's game plan this time, or gonna destroy myself again
[13:58] {+cc_9} drew, gap from 10/9
[13:58] {drewj} ok
[14:00] {+cc_9} IVZ .75 printing
[14:00] {+cc_9} $0.25 to go
[14:01] {+cc_9} out hakf .76
[14:01] {+cc_9} riding rest stop @ cost. Thanks Les, this was my last one for today.
[14:06] {Les} hope my future holds the same. you're welcome. good crew here in this room
[14:07] {Will49} drew...guess Vad has stepped away..were there any alerts after SLW at 12:43 ?
[14:08] {drewj} no that was the last one
[14:08] {Will49} tks
[14:08] {drewj} sure...anytime
01[14:10] {&Threei}  back
01[14:10] {&Threei}  wow, I missed a lot I see
[14:12] {Les} IVZ was a nice reversal setup
[14:12] {Les} and Nemo drank himself into another stupor
[14:13] {nemo} not a drop
[14:13] {nemo} or a gallon
[14:14] {Les} let's speak setup support bunny boy
[14:14] {nemo} ?
[14:14] {Les} hammer on IVZ at 1:32
[14:14] {nemo} Yeah, I said gap close was .19
[14:14] {Les} to tail or not to tail, what is the appropriate support
[14:14] {nemo} ?
[14:15] {Les} I used the body and alittle bit of the tail, not the entire tail
[14:15] {nemo} what?  u talkin' sheep again?
[14:15] {RonS} kinky...
[14:18] {Alexs} fb short .85?
01[14:19] {&Threei}  50/50
[14:20] {Alexs} it's better when in casino
[14:21] {nemo} is he gone?
01[14:24] {&Threei}  (US) Senator Murphy (D-CT): "Negotiations have stopped in the Senate" - NBC tweet- NBC tweets that Murphy said "I have never seen Democratic senators so upset during a Tuesday lunch meeting." - Murphy is a junior Senator, who assumed office in Jan of this year. **Note: A press confernce is currently being set up at Capitol Hill
01[14:25] {&Threei}  another idiot opened his mouth
[14:25] {nemo} trade by headline
01[14:26] {&Threei}  (US) Senator Durbin: Senate negotiations have been suspended until House Republicans work out a plan to proceed on debt limit
[14:26] {Will49} effin ridiculous
01[14:26] {&Threei}  meanwhile:
01[14:26] {&Threei}  (US) Some members of the GOP said to be considering requesting the Boehner proposal become more stringent, while others want to vote on a clean CR
[14:26] {Will49} all the world's a stage...but DC is an insane assylum
[14:29] {Alexs} fb worked nicely
01[14:30] {&Threei}  headline help
[14:33] {Alexs} yes everything is falling
[14:37] {nemo} index bounce spot...good for trap too
01[14:37] {&Threei}  - Senator Feinstein (D-CA): Budget talks have fallen apart
01[14:37] {&Threei}  too many imbeciles and microphones
[14:38] {Alexs} nice for day trading
01[14:39] {&Threei}  not if you get setup in one direction and headline comes at unscheduled time sending market in another
01[14:39] {&Threei} Short Setup: GLD  .90 break
01[14:40] {&Threei}  If holds  124
01[14:40] {&Threei}  let's do hl
[14:40] {nemo} not really Alex, too much headline risk
[14:40] {Alexs} just kidding
[14:40] {nemo} frickin' pizdah
[14:41] {Alexs} ty nemo
[14:41] {Alexs} feeling myself in russia
01[14:41] {&Threei}  lol
[14:42] {nemo} spasibo
01[14:43] {&Threei}  goinshort, you here?
[14:44] {goinshort} back now
01[14:44] {&Threei}  look dcc please
01[14:50] {&Threei}  crap, missed GLD top
01[14:51] {&Threei}  .25 eas trigger, just happend too fast
[14:51] {Alexs} don't miss a bottom
[14:52] {nemo} somebody's aide just came out and said talks could restart
[14:52] {nemo} the frickin' newsreading algo's are brutal
01[14:55] {&Threei}  (US) Rev Flemming: House could vote on a new debt ceiling plan tonight or tomorrow morning
[14:55] {Alexs} lol
01[14:55] {&Threei}  or not
01[14:56] {&Threei}  cretins, fine; but cretins wioth microphones, oy
[14:56] {Alexs} everybody just makes money
01[14:57] {&Threei} Long Setup:  FB  .60 break
01[14:57] {&Threei}  If holds  .50
01[14:57] {&Threei}  and pray another idiot doesn't come to mike and says no deal ever
[14:59] {drewj} vad do you ever try to use news as a trading decision?
01[14:59] {&Threei}  not directly
01[15:00] {&Threei}  you can't be a first
01[15:00] {&Threei}  and when you are not, you better read charts
[15:00] {nemo} we send Les first
[15:00] {drewj} funny
01[15:00] {&Threei}  there is an article about it I wrote at some point...
[15:00] {drewj} usually there is:)
[15:01] {nemo} he loves stepping on landmines
01[15:01] {&Threei}  well, what do you know
01[15:01] {&Threei}  http://blog.realitytrader.com/2011/09/news-tradeem-or-fadeem.html
[15:03] {+cc_9} JCP, this is just sad now
[15:07] {Alexs} frikin' FB
[15:07] {nemo} McConnel aid came out said repubs haven't walked away from agreement
01[15:08] {&Threei}  (US) Senate Minority Leader McConnell (R-KY) Spokesman: Senate GOP leaders have not walked away from a deal with Majority Leader Reid, talks are simply on hold until the House acts
01[15:08] {&Threei}  unfrikinbeliavable
[15:08] {Will49} on hold until both houses can maximize their equity holdings
01[15:09] {&Threei} Short Setup: GLD  .85 break
01[15:09] {&Threei}  change to .90 break
01[15:09] {&Threei}  If holds  124
01[15:10] {&Threei}  target 1:5
01[15:10] {&Threei}  1:1
01[15:10] {&Threei}  1:2
01[15:12] {&Threei}  - Majority Leader Reid (D-NV) Spokesman: Talks have not broken down, Senate is waiting to see what the House does, Senate deal will be back after the House plan fails.
01[15:12] {&Threei}  lol
01[15:14] {&Threei}  1:3
01[15:19] {&Threei}  1:4
[15:20] {nemo} gdx looks short
01[15:20] {&Threei}  ,GDX} and I spent so much on clothes with vertical stripes...
01[15:20] {&Threei}  out last piece on a trail
[15:21] {Will49} good one vad
01[15:21] {&Threei}  4 cents shy of 1:5
[15:21] {Will49} gotta run
[15:26] {robbers} Sorry to say I just got back to my desk and missed GLD, good call though.
01[15:26] {&Threei}  ugh
[15:31] {nemo} I might just wait until they get this thing settled
[15:32] {drewj} EOD for me.  Take care guys.
[15:32] {drewj} see you tomorrow
01[15:35] {&Threei}  take care drew
01[15:46] {&Threei}  OK guys, no more trades
01[15:46] {&Threei}  thank you all, have a great evening
[15:46] {+cc_9} take care
01[15:46] {&Threei}  see you tomorrow for another he said she said

Monday, October 14, 2013

Oct 14 2013

Pretty awesome day, with 6 wins, 1 5-cent stop, ending with 1:3er on GLD. Good start to the week and nice to perform like this on Canadian Thanksgiving.


Session Time: Mon Oct 14 00:00:00 2013
[08:54] {nemo} "The only difference between a tax man and a taxidermist is that the taxidermist leaves the skin." -- Mark Twain
[09:03] {dino} gm
01[09:03] {&Threei}  morning dino
[09:03] {RonS} gm
01[09:03] {&Threei}  ron :)
[09:08] {drewj} gm
01[09:08] {&Threei}  drew :)
01[09:14] {&Threei}  so... deal or no deal?
[09:16] {dino} none yet
01[09:16] {&Threei}  will they or won't they
01[09:17] {&Threei}  dems feel they have a winning hand and push foer moee
01[09:17] {&Threei}  more
[09:19] {Will49} gm
01[09:19] {&Threei}  will :)
[09:20] {Les} Damn, no Nemo to smack around
[09:20] {Les} GM
01[09:20] {&Threei}  les :)
[09:21] {Les} so you guys get yer fiscal shit squared away this weekend?
01[09:21] {&Threei}  not just yet
[09:22] {Les} 3 days to go then
[09:22] {Les} wondering if Obummer wants to take this to default...
01[09:22] {&Threei}  always the same story... up to last hour
01[09:22] {&Threei}  I doubt it
[09:22] {cipher} gm
[09:22] {Alexs} gm
01[09:22] {&Threei}  cipher :)
01[09:22] {&Threei}  alex :)
01[09:23] {&Threei}  they just squeeze last drops of disobedience out of those unruly republicans
01[09:24] {&Threei}  and when time runs out and each thinkable advantage is taken, they'll have mercy
01[09:25] {&Threei}  now it's about "let's backtrack sequester cuts"
[09:28] {ese} morning
01[09:28] {&Threei}  ese :)
[09:28] {Les} hey ese
[09:28] {ese} morning vad ....happy thanksgiving
[09:28] {ese} hey les
01[09:28] {&Threei}  thanks, you too
[09:29] {ese} do they celebrate anything in Europe this weekend Les
[09:29] {Les} US market holiday comingup soon?
[09:29] {Les} every day is aholiday here ese?
[09:29] {Les} - ?
[09:29] {ese} lol
[09:29] {Les} This is Europe man...
01[09:30] {&Threei} Short Setup: JPM  .90 break
01[09:30] {&Threei}  If holds  52 
[09:30] {+cc_9} good late morning!
01[09:31] {&Threei}  cc9 :)
[09:31] {Les} hehe
[09:32] {RonS} glad Les is here
06[09:32] * Les glances suspiciously at Ron
[09:32] {RonS} nemo going to be pissed and have to take it out on someone...
01[09:32] {&Threei} Short Setup: GLD  .90 break
[09:32] {Les} lol
01[09:32] {&Threei}  If holds  124 
01[09:33] {&Threei}  from nemo over skype:
01[09:33] {&Threei}  [9:32:10 AM] My antivirus is seeing Les in the chatroom, it won't let me enter...Nemo
[09:33] {RonS} lol
[09:33] {Les} hehe
[09:34] {cipher} SSO L .68
[09:34] {+cc_9} the dip, you know what to do with it
01[09:35] {&Threei}  put chips in it?
[09:35] {Les} slippery dip?
[09:35] {+cc_9} well, before you put chips in it
[09:35] {RonS} wow, did not expect this...
[09:35] {+cc_9} you need to BUY it
[09:35] {Les} TNA .00 entry was good
01[09:36] {&Threei}  this should be 1:4 play with any luck
01[09:36] {&Threei}  1:1
[09:36] {+cc_9} Les yes, TNA is gold here
[09:36] {cipher} out sso .05
[09:37] {Les} gj ci
01[09:37] {&Threei}  1:2
[09:37] {dino} expe sm l .52
[09:37] {robbers} Out, thanks.
01[09:37] {&Threei}  :)
[09:38] {Will49} nice start Vad
[09:39] {Les} indexes suggest sell the bounce here
[09:40] {+cc_9} http://www.freep.com/article/20131014/FEATURES08/310140077/Craze-sports-supplements-methamphetamine-Detonate-meth
[09:41] {dino} expe stop .20 -.32
[09:42] {ese} sheesh cc............man whats next
[09:42] {nemo} see how long this lasts...
[09:42] {dino} expe sm l .85
[09:42] {Les} press the button again vad
01[09:44] {&Threei}  ?
[09:44] {Les} the eviction button
[09:44] {Les} [15:32] * nemo (ierardo@jas-66910E25.bstnma.fios.verizon.net) Quit (Connection reset by peer)
[09:45] {nemo} funny as a rubber crutch...or you breeding
[09:46] {Les} rubber what?
[09:46] {nemo} omg
01[09:46] {&Threei} Long Setup:  BBY  .15 break hl
01[09:47] {&Threei}  If holds  .05 
[09:48] {dino} out expe .65, -.20
[09:49] {Les} spy vwap support here potential SSO long setup
[09:50] {cipher} sso l.77
01[09:53] {&Threei}  1:1
[09:56] {cipher} out .90
01[09:58] {&Threei} Short Setup: SLW  .20 break
[09:58] {dino} z sm l .90
01[09:58] {&Threei}  If holds  .30 
[10:00] {nemo} no bond market, Washington in Limbo...I'm outta' booze again...Boston sports wiped out my liquor cabinet yesterday
[10:00] {dino} expe sm l .51
[10:01] {dino} out z .45, 
[10:01] {dino} +.55
[10:02] {Les} nice one
[10:02] {dino} out expe .91, +.40
[10:02] {dino} ty
[10:03] {ese} that one is workin nice dino....z.....
[10:03] {dino} pulp
01[10:05] {&Threei}  1:1
[10:06] {cipher} HAIN l.97
[10:06] {robbers} Out half at .04
01[10:07] {&Threei}  1:2 close enough
[10:13] {nemo} this was priceless: http://usat.ly/19J9uRm
[10:14] {cipher} SSO l.85
[10:15] {ese} L petm .02
[10:17] {ese} nope stopped .87 -.15
[10:17] {dino} expe sm l .45
[10:19] {dino} z sm l .34
[10:23] {ese} L petm .05
[10:29] {Will49} ZZZZZZZZZZZZZZZZZZZ as Yogi Berra said...It's getting late earlier and earlier
[10:30] {Will49} or was that nemo?
[10:30] {Les} might be coincidence, but happy hour getting earlier too. 
[10:30] {Will49} that's agood thing where I am
[10:34] {RonS} goose that dog ese...in petm .82 s/l .90 want .45
[10:35] {RonS} rare morning thunderstorm here now...pullease keep the power on...
[10:36] {RonS} wow boomer...
[10:38] {cipher} IBB l..07
[10:39] {+cc_9} HLF pulp
01[10:40] {&Threei} Long Setup:  CAT  .30 break
01[10:41] {&Threei}  If holds  .25 
[10:41] {+cc_9} LFT } 64
[10:41] {+cc_9} HLF*
01[10:41] {&Threei}  Herbalife Ltd. Strength attributed to positive chatter surrounding Price Waterhouse financials review- Reminder: HLF hired PriceWaterHouse Coopers as new auditor following KPMG departure due to insider trading alegations.
01[10:44] {&Threei}  EU citizens who have never worked in Germany but have been living in the country for a long time can claim unemployment benefits, a court ruled on Thursday, in a decision which could affect 130,000 foreigners in Germany.
[10:45] {Les} lol
[10:45] {Les} should read their roman history
01[10:46] {&Threei}  any sane country left on this planet?
[10:46] {Les} I hear Antarctica remains relatively free of human habitation
[10:46] {cipher} sso l.89
01[10:47] {&Threei}  as one USSR would-be-defector deciding where to go said after reviewing the globe, "Sorry, is it the only globe you've got?"
[10:47] {+cc_9} WHR keep an eye on this if it can crack 133
[10:48] {ese} I thought about marketing alchohol as a herbal life type natural remedies........definitely derived from plants......wha da ya think?
01[10:48] {&Threei}  I like
01[10:49] {&Threei}  meh CAT
01[10:49] {&Threei}  I even got the marketing slogan for you, ese
[10:49] {Will49} i hate
[10:49] {ese} lol
[10:49] {ese} ok
01[10:49] {&Threei}  "Alcohol doesn't help finding answers. It helps forgetting questions"
[10:49] {Will49} lol
[10:50] {ese} hmmmmmm....ya perfect.  or.......
01[10:50] {&Threei}  Alternative: "Alcohol doesn't solve your problems. Neither does milk"
[10:51] {ese} "IF WALKING THROUGH DOORS DOESN'T OPEN UP OPPORTUNITIES FOR YOU......THEN STUMBLE TROUGH THEM WITH ESE'S MAGIC WINE HERBAL LIFE REMEDY"
[10:51] {+cc_9} WHR breaking out
[10:53] {Will49} hey ese...have you applied for a BC Bud retail licence yet?
[10:53] {dino} out expe .95, +.50
[10:53] {ese} would that be breaking ot in a rash
[10:54] {ese} .......try ese's "herbal life alchoholic rash eraser"
[10:54] {ese} no not yet
[10:54] {Will49} now THAT'S waht i'm talkin about
[10:54] {Will49} what
[10:54] {ese} lol
[10:55] {Will49} be a big seller here in "old codger" land
[10:56] {Will49} eases itch of depends rash
01[10:56] {&Threei}  somg CAT
[10:56] {Will49} sheeeesh...i really hate cat
[11:01] {Les} SLW 
[11:01] {Les} 2nd go at support
[11:01] {Les} 3rd... whatever
06[11:02] * Les slaps nemo around a bit with a large trout
[11:03] {nemo} I'm doing an interview, leave me alone
[11:03] {Will49} looking into your dark side?
[11:03] {Will49} inter-view
[11:04] {RonS} bunny as dianne sawyer?
[11:04] {Will49} guess that would be an intra-view, eh?
[11:04] {RonS} nah, babs walters...making you cry...
[11:06] {ese} new trading term "Range Bound With Avengence"
[11:06] {Les} SLW should be good here Vad
01[11:06] {&Threei}  action is way too slow
[11:07] {Les} clearly Wall ST needs to be taking more of CC 9's workout powder
01[11:10] {&Threei} Long Setup:  BBY  .05 break
01[11:11] {&Threei}  If holds  .95 
[11:14] {RonS} gold hit...
[11:14] {Les} reading the SLW tea leaves...
01[11:15] {&Threei}  (US) Reportedly Senate leaders continue to negotiate, talks centered on length of debt ceiling increase and spending levels in funding bill - financial press- Reportedly Senate aide rejects reports that there is any stalemate in talks between Majority Leader Reid and Minority Leader McConnell. Deal possible within a day.
[11:20] {ese} hmmmmmm...futures not reflecting that
[11:21] {RonS} why should they...q is what is the deal and how will the House react?
[11:23] {ese} true
01[11:29] {&Threei}  I am sure idiots will drag this out till last minute as always, and as always will agree on some compromise
01[11:29] {&Threei}  Obama needs USA default in his legacy as nemo's bunny needs a condom
[11:30] {Will49} haha
[11:30] {Les} lol
[11:30] {nemo} bunny is female, if that was your point
[11:30] {nemo} spy headed for pivot
[11:32] {Will49} sheeesh...to think i chose to trade today instead of taking the shuffleboard basics course this morning
[11:32] {dino} out z .33, +.99
[11:32] {Will49} nice
[11:33] {dino} ty
01[11:34] {&Threei}  your bunny gender considerations remind me an application a russian nouveau riche fills up in US consulate, applying for a guest visa... In the line Sex he indicates: "6 times a day." Reviewing application, a gal behind the counter says "This asks male or female!" He says "oh, it absdolutely doesn't matter"
[11:36] {ese} petm............it's about friggin time
01[11:38] {&Threei}  I have to say, this is the quietest Oct on memory
[11:39] {ese} spyders at pivot point
[11:41] {Les} understandable though Vad... interesting times and all...
01[11:42] {&Threei}  finally BBY
01[11:42] {&Threei}  hope it rewards you for that shuffleboard basics course, will
[11:42] {Will49} yeah :)
01[11:43] {&Threei}  dunno what you folks are complaining about... 4 wins, 1 meh
[11:43] {Will49} by 'folk' you mean me?
01[11:44] {&Threei}  no, it's general "to whom it may concern" kind of address
[11:45] {Will49} shuffleboard thing was just a tired attempt at humour
[11:45] {Will49} my attempt...npt yours
[11:45] {Will49} not
01[11:46] {&Threei}  1:2
[11:46] {robbers} Nice .99 dino.
[11:46] {Will49} that's better:)
[11:47] {Will49} shuffleboard can wait:)
[11:49] {dino} ty robbers
[11:56] {ese} tks nemo for chapters on pivot points....just finished reading them very informative
[11:58] {RonS} petm out .45 +.63 guess that dog will hunt...
[12:00] {ese} out 1/2 petm .51 +.46
[12:00] {ese} definetly
[12:01] {robbers} wtg
[12:01] {ese} best thing about market orders..........they work while your in the can
[12:03] {Will49} or the pool
[12:03] {ese} have to discover that yet
[12:06] {Will49} be back for last hour (if allowed)...see ya later
01[12:06] {&Threei}  lol
01[12:06] {&Threei}  took 1:3?
[12:06] {Alexs} why not
01[12:07] {&Threei}  well, with mind focused ona pool... or shuffleboard
[12:07] {Alexs} oh you ask will
01[12:07] {&Threei}  yeah :)
01[12:08] {&Threei}  (US) White House: The House and Senate leadership of both parties to meet with President Obama at 15:00ET- President Obama to reiterate that he will not "pay any ransom" for a debt ceiling and funding deal.
01[12:08] {&Threei}  so, my way or high way?
01[12:09] {&Threei}  - NYSE volume 175M shares, about 27% below its three-month average; . - NASDAQ volume 610M shares, about 15% below its three-month average
01[12:09] {&Threei}  wow
[12:12] {ese} petm balance to break even .06
[12:12] {ese} gonna let that puppy run
[12:13] {RonS} ...hearing the Repubs have already caved...will put up Senate bill in the House for a vote...rumor, yes...
[12:14] {ese} ron...where did you get in on petm
01[12:15] {&Threei}  I would call this bluff if I were in their shoes
[12:15] {RonS} 71.82
01[12:15] {&Threei}  it is bluff
[12:15] {ese} nice......
[12:16] {RonS} what bluff and whose shoes?
01[12:22] {&Threei}  in shoes of republicans, bluff of Obama who pretends he is willing to let deafult happen
[12:24] {+cc_9} http://img716.imageshack.us/img716/9498/iy01.gif
[12:45] {RonS} rgr shot
[12:45] {nemo} haha
[12:46] {Les} http://tinyurl.com/ovshpbs
[12:46] {Les} nationalists cracking open the old left right divide in regional french elections
01[12:49] {&Threei}  when is general election in France?
[12:49] {Les} '16 I think
01[12:50] {&Threei}  too long
[12:50] {Les} first up European elections
[12:50] {Les} next May apparently
01[12:50] {&Threei}  thins thing must unravel way before that
[12:50] {Les} US won't unravel until Europe unravels
[12:51] {Les} so she's one to watch
01[12:51] {&Threei}  US won't unravel
01[12:51] {&Threei}  EU will
[12:55] {Les} I mean the economic/financial situation
[13:01] {Les} outta here gotta sleep a+
01[13:11] {&Threei}  (US) Senate Majority Leader Reid: we are getting closer to a deal; Hopeful to have fiscal plan to present to President Obama by the 1500ET scheduled meeting- Follow up: President Obama: Seems that progress has been made, but we will see if the progress is real when he meets with Congressional leaders at 15:00ET. If the Republicans cannot resolve this standoff, we stand a good chance of default. Hopeful the spirit of cooperation will allow the US to move forward within the next couple hours.
03[13:12] * Retrieving #discussions modes...
[13:13] {+cc_9} "btfd" 
[13:13] {+cc_9} everyday, anyday
[13:14] {+cc_9} entire gap today closed, 1.5 on the spx
01[13:14] {&Threei}  yeah
01[13:14] {&Threei}  whole thing was caused by the fear
01[13:14] {&Threei}  and the closer deadline is the stronger realisation is that the deal will be reached
01[13:15] {&Threei}  so we are back to usual programming
[14:04] {nemo} stealth grind up wtf
01[14:06] {&Threei} Long Setup:  BBY  .30 break
01[14:06] {&Threei}  If holds  .20 
01[14:22] {&Threei}  (US) Majority Leader Reid (D-NV): I am very optimistic that a Senate deal can be reached this week- Minority Leader McConnell (R-KY): Reid and I have had very constructive talks, I share his optimism
01[14:22] {&Threei}  oh good
[14:22] {ese} swing trade tibx out in full .47 +.95 1250shs
01[14:22] {&Threei}  they are both optimists
[14:25] {ese} out petm balance .68 +.53
[14:25] {ese} am done for the day all...........cya tomorrow
01[14:25] {&Threei}  take care ese
[14:25] {ese} going for a walk done to the Oak Bay beach hotel vad
01[14:25] {&Threei}  careful with that turkey
01[14:26] {&Threei}  cool
[14:26] {ese} definitely
01[14:26] {&Threei}  I have a meeting in Sindye
01[14:26] {&Threei}  or I'd join you
[14:26] {ese} take care eh
01[14:34] {&Threei}  1:1 close enough
01[14:35] {&Threei}  half out and srtop to .24
01[14:36] {&Threei}  this is what, 6 wins and 1 meh?
06[14:36] * &Threei slants at Alex suspiciously
01[14:36] {&Threei}  stop to .29 now
[14:38] {Alexs} I take it as fair share
01[14:39] {&Threei}  I am more worried about your math abilities exceeding mine by a fair magnitude
01[14:40] {&Threei}  and when I get it wrong, your calculations set me straight and narrow
01[14:40] {&Threei}  making look like a douche in the process
[14:41] {Alexs} lol 5 wins and 1 meh of course
01[14:41] {&Threei}  there... see?
01[14:41] {&Threei}  1:2 close enough
01[14:41] {&Threei}  1/4 more out
01[14:41] {&Threei}  stop .34
01[14:42] {&Threei}  (US) White House: 15:00 meeting with Congressional leaders has been postponed
01[14:42] {&Threei}  sigh
01[14:42] {&Threei}  imbeciles
[14:45] {Alexs} I guess Obama just has a good time at a local food kitchen
01[14:46] {&Threei}  it's just Monday... deadline is Thursday... why would they hurry and make a deal if they can play this flute for three more days
[14:48] {+cc_9} meeting postponed lol
[15:10] {dino} spike
01[15:16] {&Threei} Short Setup: GLD  .20 break
01[15:24] {&Threei}  If holds  .30 
[15:25] {Alexs} we don't need stops
01[15:33] {&Threei}  GLD heard you
[15:34] {Alexs} not very clear though
01[15:41] {&Threei}  it's a bit slow on uptake, what can you do
[15:43] {Alexs} slap it over the head?
01[15:43] {&Threei}  there
[15:44] {Alexs} works
01[15:44] {&Threei}  {GLD} HEY!!!
01[15:44] {&Threei}  1:2.5
[15:44] {Alexs} lol
01[15:47] {&Threei}  as far as I am concerned that was awesome day, suitable for a Thanksgiving
[15:47] {Alexs} for Columbus day
01[15:47] {&Threei}  in Canada it's Thanksgiving
[15:48] {dino} happy thanksgiving
01[15:48] {&Threei}  ty
[15:49] {Alexs} are you going to eat turkey today?
01[15:49] {&Threei}  well, being a rebel I am, I ate it last week
[15:49] {Alexs} lol
01[15:50] {&Threei}  weather was great, so I smoked it
[15:50] {RonS} ...living on the edge...
01[15:50] {&Threei}  lol
[15:50] {dino} tough on your lungs i guess
01[15:50] {&Threei}  rofl
[15:50] {Alexs} that's why we had a problem with trading gods
[15:50] {RonS} lol
01[15:50] {&Threei}  OK, I cooked it in a smoker if you want me to be this precise :)
[15:50] {dino} :)
01[15:51] {&Threei}  fantastic way to cook it btw... if anyone is interested. I'll give a you recipe, there are some important nuances
01[15:51] {&Threei}  die GLD
01[15:53] {&Threei}  1:3
01[15:56] {&Threei}  ok guys
01[15:56] {&Threei}  thank you all
01[15:56] {&Threei}  have a great evening
01[15:56] {&Threei}  see you tomorrow
[15:57] {Alexs} make a good secrifice today Vad
01[15:58] {&Threei}  ok
01[15:58] {&Threei}  duck
01[15:58] {&Threei}  smoked one
[15:58] {Alexs} :)
[16:00] {dino} gn all
[16:00] {Alexs} gn