Thursday, March 21, 2013

March 21 2013

Uneven but profitable day; as many days lately, required patience and careful picking of the trades.


Session Time: Thu Mar 21 00:00:00 2013
[09:13] {patel} gm
01[09:13] {Threei}  patel :)
[09:15] {jdetente} good morning
01[09:15] {Threei}  jd :)
[09:16] {dptl} gm
[09:17] {Les} afternoon
01[09:17] {Threei}  dp, les :)
[09:18] {nemo} wombat poker
[09:18] {Les} bunny batter
[09:19] {Les} frikin pain in the ass losing an hour a day before market opening can't wait for our own changover
01[09:19] {Threei}  can't wait for someone to come to their senses and ban this twice-a-year nonsense
[09:20] {nemo} never happen, it's a political decision
[09:20] {Les} used to think it was saving electricity in winter
[09:20] {nemo} oxymoron
[09:20] {Les} apparently it's for savings in summer
[09:20] {Les} whether there are any savings however...
[09:21] {cipher} gm
01[09:21] {Threei}  cipher :)
[09:23] {Will49} gm
01[09:23] {Threei}  will :)
[09:23] {backman} gm
01[09:23] {Threei}  backman :)
01[09:26] {Threei}  a lot of power oitages reported from yesterday's wind storm... I haven't noticed much of wind, lol
[09:27] {Will49} wa wild down here
[09:27] {Will49} was
01[09:27] {Threei}  I guess there is a nice little protected pocket here
[09:28] {Will49} yeah, the west wind comes right down the Straights and hits us hard
01[09:28] {Threei}  ese must be in Texas by now
[09:29] {Will49} band trip?
01[09:29] {Threei}  no, wind
[09:29] {Will49} :)
01[09:31] {Threei} Long Setup:  GDX  .90 break
01[09:31] {Threei}  If holds  .80
[09:32] {_littleal} morning
01[09:32] {Threei}  al :)
01[09:32] {Threei}  stop to .84
01[09:33] {Threei}  opening plays should work faster
[09:33] {Les} SLW selling off
01[09:33] {Threei} Short Setup: BBRY  .15 break
[09:33] {nemo} lulu
[09:34] {cipher} AVGO L .17
01[09:34] {Threei}  If holds  .25
[09:34] {cipher} PCAR L .50
01[09:34] {Threei}  Invalidated
01[09:36] {Threei} Short Setup: DD  .50 break
01[09:36] {Threei}  If holds  .60
[09:38] {cipher} deck s .50
01[09:38] {Threei}  no go
[09:40] {cipher} cov DECK .34 +.17
[09:40] {ese} morning...reading the business news and forgot to sing in
01[09:40] {Threei}  ese :)
[09:40] {cipher} out avgo .44 +.27
[09:40] {nemo} thought it was too pleasant
01[09:40] {Threei} Long Setup:  BBRY  .10 break
01[09:41] {Threei}  If holds  16
[09:41] {ese} ouch
[09:41] {nemo} nothin' personal
[09:41] {ese} ya sure....ya sure
[09:41] {nemo} ahh go beat your skins
[09:41] {Les} dd
[09:42] {nemo} weird morning
[09:43] {nemo} market waiting on the 10:00 news
01[09:44] {Threei} Long Setup:  LVS  .95 break hl
01[09:45] {Threei}  Invalidated
[09:46] {nemo} weird day
[09:47] {ese} l acad .37
[09:47] {nemo} "a cad"  how fitting ese
[09:47] {ese} lol
[09:48] {Les} LVS sucking in the openers me thinks
[09:48] {ese} cad this buddy i'm up .10 almost
[09:48] {Les} vwap at .40 watching for bounce or drop
[09:48] {nemo} 10 o'clock news this market is sitting on it
[09:49] {ese} out acad .57 +.20
01[09:49] {Threei}  BBRY target 1:3
[09:49] {nemo} alright, I'm gonna porn surf for 10 minutes
01[09:50] {Threei}  1:1
[09:50] {ese} lol
[09:50] {backman} orcl
01[09:50] {Threei} Long Setup:  LVS  .50 break hl
01[09:51] {Threei}  If holds  .40
[09:51] {cipher} chtr l .01
[09:51] {nemo} orcl might have further to go
[09:51] {nemo} 32ish
01[09:51] {Threei}  nice doji LVS
[09:51] {nemo} pervert
[09:52] {backman} thank u for noticing
[09:52] {nemo} was talking about 3i
01[09:52] {Threei}  go back to your porn nemo
[09:52] {nemo} you just jumped Les in rankings backman
[09:52] {backman} :=)
[09:54] {nemo} na nanananananananana BACKMAN!!!
01[09:54] {Threei}  no go LVS
[09:54] {nemo} market setting bullflag, take a flyer long?
[09:55] {cipher} out CHTR .68 +.67
[09:55] {nemo} nice
[09:55] {cipher} out deck .50 +.26
[09:56] {ese} L acad .51
[09:56] {nemo} kbh up housing must be good
[09:56] {Les} CHTR looking like inside reversal day still outside daily bb's
[09:57] {Les} vwap is 104
01[09:57] {Threei} Long Setup:  CAT  87 break hl
01[09:57] {Threei}  too fast
[09:58] {Les} looking good in longer time frames a pullback entry might be nice
01[09:58] {Threei}  1:2 and more
[09:58] {cipher} ibm L .75 STOP .65
01[09:59] {Threei}  1:2 BBRY
01[09:59] {Threei}  1/4 more out
01[09:59] {Threei}  stop to .15
[09:59] {cipher} WDC L .77
01[10:00] {Threei}  *(US) FEB EXISTING HOME SALES: 4.98M V 5.0ME
[10:00] {nemo} what does the market do with expected news
01[10:00] {Threei}  *(US) FEB LEADING INDICATORS: 0.5% V 0.4%E
01[10:00] {Threei}  ravi!
[10:01] {Les} s gdx .78
[10:01] {Les}  stop .85
[10:02] {Les} stopped
01[10:03] {Threei}  BBRY to .19
[10:03] {ese} out acad .59 +.08
[10:03] {backman} ORCL on lows
[10:04] {cipher} out 1/2 IBM +.00 +.25
[10:04] {Les} SLW bb's really tight waiting for a direction
01[10:05] {Threei}  up
[10:07] {cipher} LBTYK L.04
[10:08] {nemo} esrx could be nice short
[10:09] {nemo} drop of .70
01[10:09] {Threei}  probably two-sided
[10:09] {nemo} yeah, frankly would like it better short up near 60
[10:09] {ese} thats one persistent dude vad ole ravi............."what an ultra maroon"....quote from the old Bugs Bunny Show
[10:10] {nemo} X long break of .85?
01[10:10] {Threei}  I expect him to come back with new nick any day nowq
01[10:10] {Threei}  4th in a row
01[10:11] {Threei}  I like it... but I was looking at it 40 cents ago
01[10:11] {Threei}  X I mean
01[10:12] {Threei}  not sure why I skipped it
[10:13] {nemo} damn LEN
01[10:13] {Threei}  come on BBRY, 2 cents of 1:3?
[10:14] {Will49} are we doing X long?
[10:14] {Will49} at .86
01[10:14] {Threei}  not sure
[10:15] {Will49} tks
[10:15] {Will49} if you're not sure, i'm sure as hell not sure
[10:16] {Will49} :)
[10:17] {Les} LVS sniff sniff
01[10:17] {Threei}  ravi should have learned by now that concrete walls are kind of hard to break with one's forehead... no?
[10:18] {Les} not sure he's trader material. But then again, i've been banging for years
[10:18] {Will49} oh no Les, say it isn't so
[10:18] {nemo} frickin' wombat poker
[10:18] {Les} well, not on vad's door. I pay for professionalism
[10:19] {Will49} oh, i thought you were speaking in code
[10:19] {nemo} X against the market
[10:21] {ese} wombat poker?........i gotta tel ya.........i learn more on this board daily .....than.....i don't know what......wombat poker?
[10:21] {Will49} had to look it up
[10:21] {backman} l orcl .33
[10:21] {Les} SLW flat trade at .30 no energy. not risk on for PM's
01[10:22] {Threei}  I am scared to look it up
[10:22] {Les} lovely animal the wombat
[10:22] {nemo} Les sees it from behind all the time
[10:22] {ese} ouch
[10:23] {nemo} frickin' X
[10:23] {Will49} LOL
[10:23] {jdetente} wait, wha??
[10:23] {ese} what happened jd
[10:23] {jdetente} Les sees what nemo?
[10:23] {Les} GDX setting up a daily ascending triangle. But without SLW joining the party... strange
[10:24] {Will49} i know jd, wierd morning everywhere
[10:24] {Will49} in this room specially
01[10:24] {Threei} Long Setup:  FB  .95 break
01[10:25] {Threei}  If holds  .85
[10:26] {Les} goddamn jd don't u even know wha ta wombat is?
01[10:26] {Threei}  done with BBRY
[10:26] {nemo} maybe JD is from Tennessee..their family trees down there have no branches
[10:26] {jdetente} what language are you speaking Les? hehe
[10:27] {Les} hehheehehe
[10:27] {Les} vwap here on BBRY vad might be short now
01[10:27] {Threei}  australians tend to see things upside down, jd
[10:28] {jdetente} ha
01[10:29] {Threei}  (CY) Germany CSU's Michelbach: Plan B in Cyprus raises many questions, appears to be short by �1B- Notes the plan for Cyprus fund would only add to its debt
[10:29] {ese} hmmmmmmmm.....jd........that was ahhhhhhh  ehh ah.......interesting observation les seeing nemo.....or vis versa..........i'm gonna have to concur with that.........it gets one to thinkin
[10:29] {backman} Orcl .08 partial
[10:30] {Will49} no thinkin ese
[10:30] {Will49} you know th rules
[10:30] {jdetente} Les and Nemo may need to resurrect that private room that Vad set up for them...
[10:31] {Will49} the padded one
01[10:31] {Threei}  I made an error in naming it
[10:31] {Les} can't borrow BBRY
01[10:31] {Threei}  I called it "nemoles" and les told me he'll enter it only if I change name to "nemoless"
01[10:32] {Threei}  after breaking 26 trail stop to .89
[10:34] {Will49} ey ey my capitan
[10:34] {nemo} reminds me of that star trek episode where the matter and anti-matter individuals are trapped between dimensions.  F that
[10:35] {Will49} F? are you watching Ford?
[10:35] {nemo} Will, go sit in your car in the garage and turn on the ignition
[10:35] {Will49} :)
[10:35] {nemo} was that harsh?
[10:35] {cipher} IBM L.50
[10:35] {Will49} we don't have garages in Victoria...no need
[10:36] {backman} should he have the garage door closed or...?
[10:36] {jdetente} closed I would think
[10:36] {nemo} yeah, with a vacuum hose extended from the tailpipe into the cab
01[10:36] {Threei}  1:1
[10:36] {jdetente} garden hose would work as well
[10:36] {nemo} yeah
[10:36] {ese} no ...not harsh at all.........I know will.......he deserves it
[10:37] {Will49} will dabs at eye with kleenex
[10:37] {Will49} feels so bad
[10:37] {Will49} rejection again
[10:37] {ese} man.....i seriously underestimated ACAD
[10:45] {patel} yeah. I was watching ACAD for long watch
[10:45] {patel} but I was in ORCL
01[10:45] {Threei}  ORCL works nicely
[10:46] {patel} yeah I was short from .65
[10:46] {patel} now I am completely out at .51
[10:46] {nemo} orcl might be worth a short between .55-.65
[10:48] {patel} AWAY long??
01[10:50] {Threei}  can't tell
01[10:51] {Threei}  (US) House approves continuing resolution stop gap spending bill- Bill funds the US govt through the end of the fiscal year on Sept 30, preventing a govt shutdown.
01[10:52] {Threei}  uh oh
01[10:52] {Threei}  (US) US Senator Warner (D-VA): Deficit deal has a greater than 50-50 chance to be reached; working on new methods to raise revenue
01[10:52] {Threei}  you know what it means when democrat talks about new ways to raise revenue?
[10:52] {Les} guess they got the Cyprus news
01[10:56] {Threei} Long Setup:  C  .90 break
01[10:56] {Threei}  If holds  .80
[10:57] {cipher} TNA l .65
[10:59] {nemo} they're holding iwm and spy and FAS under vwap, down seems more likely
01[11:01] {Threei}  SPY bout of selling
[11:01] {Les} GS leading the way
[11:06] {Les} GS opening low looks good
[11:07] {cipher} SPY gonna retest 155 imo
[11:08] {ese} BMC  theres one for ya....talk about your instantant overbought condition
[11:09] {Les} ORCL bb's tightening here with vwap resistance just overhead
[11:12] {nemo} if the market were an ekg, it would be....
01[11:13] {Threei}  C no worky
01[11:17] {Threei} Long Setup:  CAT  .80 break
01[11:17] {Threei}  If holds  .70
[11:17] {nemo} bored, huh?
01[11:18] {Threei}  ?
[11:18] {nemo} cat call
01[11:18] {Threei}  what's wrong with catcall?
[11:18] {nemo} looks like boredom call
01[11:19] {Threei}  double bottom on pullback, market climbing
01[11:19] {Threei}  now, you could have been pocketing 1:1 right now instead of gauging my state of mind
[11:20] {cipher} here goes SPY 155
01[11:20] {Threei}  good call cipher
[11:21] {Les} orcl pops vwap and tests its support
[11:22] {cipher} ibm short squeeze coming imo
01[11:24] {Threei}  1:2
01[11:25] {Threei}  how's that for boredom?
[11:25] {jdetente} very boring very very boring. :) thanks VAD!
[11:25] {Will49} love it
01[11:25] {Threei}  :)
01[11:26] {Threei}  cc_8... on your way in, have you seen ravi nearby, trying to sneak in the door as you open it?
[11:27] {cipher} out TNA  .10 +.45
[11:27] {backman} OrcL 3:1...
01[11:27] {Threei}  nice
[11:27] {cipher} out IBM .18 + .68
[11:30] {cipher} LNCO L.59
01[11:32] {Threei}  watching BBRY for entry under .20
[11:34] {Les} vwap .24 bouncing off it
[11:34] {ese} L etfc .74
[11:40] {cipher} gtls drop
[11:40] {cipher} GTLS L.10
[11:44] {ese} out etfc .81 +.07 sloth
[11:44] {Les} ORCL back to opening price
[11:48] {Les} out .20 last pice cat ty
[11:49] {backman} vad, this Orcl BO is similar to EBAY chart from yesterday...most helpful
[11:49] {backman} yw
06[11:51] * Les yodels for Vad
[11:51] {Les} he gone
[11:56] {Les} or am I alone?
[11:56] {Will49} i'll never tell
01[11:58] {Threei}  Les... what's with desperate solitude?
[11:58] {Les} I need a hug
01[11:58] {Threei}  will handshake do?
[11:58] {Les} sometimes I miss the grating nonsense of nemo
[11:59] {Les} ORCL
[11:59] {Les} .80/.85
[11:59] {Les} s
01[11:59] {Threei}  BBRY got under .20 but gave no setup with clear entey
01[11:59] {Threei}  watching for db
[12:04] {nemo} FDX
01[12:05] {Threei}  - There is no shortage of bad news in markets this morning to keep US equities in the red. The Cyprus situation is no closer to resolution, the first reading of the March German manufacturing PMI data indicated the series has returned to contraction and Oracle reported very weak Q3 results. On the bright side, the March Philly Fed survey roared back to positive after Feb's big negative reading and the prelim Markit PMI manufacturing was pretty good.
01[12:06] {Threei}  - Pressure is building on Cyprus to get a deal done to stave of financial disaster. With the Cyprus finance minister not making any headway with the Russians in Moscow, Cyprus government officials are discussing Plan B centered around the creation of a "solidarity fund" funded with various state assets. Eurozone officials say the nation would have to basically wind down their biggest banks and wipe out depositors if they didn't agree to the proposed levy, but comments from various sources suggest the levy is a dead letter.
01[12:06] {Threei}  Note that yesterday the ECB told Cyprus that it has until Monday to reach a deal or emergency ELA funding would be cut off.
[12:09] {cipher} ibm s.51
[12:10] {Les} orcl .79
[12:10] {Les} s
[12:10] {Les} stop .90
[12:11] {Les} nice drop in FDX
01[12:13] {Threei}  still doesn't looklike it's ready for bounce to me
[12:13] {Les} FDX?
01[12:14] {Threei}  yeah
[12:14] {Les} no db here?
01[12:14] {Threei}  I doubt it
[12:14] {Les} k
01[12:14] {Threei}  I'd rather go for .90 short
[12:14] {Les} k
[12:15] {Les} risk better defined than Nemo's good call
[12:15] {nemo} think it goes to 94ish
[12:16] {cipher} cov IBM .30 +.21
01[12:17] {Threei}  1:1
[12:18] {Les} u the man
[12:18] {jdetente} scalped it only got half the shares I wanted too. thanks Vad
01[12:18] {Threei}  last time I checked, yes
01[12:18] {Threei}  yw
[12:20] {cipher} FDX L.85
[12:21] {cipher} out .90
[12:23] {Les} dumped ORCL -.02 aion't dropping
[12:24] {Les} l fcx .87
[12:25] {Les} half .95
[12:27] {Les} FDX not FCX sorry
[12:29] {Les} cutting the rest at .87
[12:29] {cipher} asml l .41
[12:33] {ese} Is it my imagination or is it like zero going on......... can't find anything with my screens
[12:33] {Les} UPS potential short at pivot resistance .60
01[12:43] {Threei}  FDX proves to be weaker than McDonadls coffee
[12:43] {Les} McDonald's probably resents that remark
01[12:44] {Threei}  considering my dyslexic spelling, they can't even sue me
[12:44] {Les} lol
01[12:45] {Threei}  (you've no idea how much troubles dyslexia saves)
[12:45] {Les} and it creates... we're the ones reading yer words
[12:46] {cipher} NTGR L.60
01[12:46] {Threei}  if I don't point out it, you won't even it notice
[12:46] {Les} good try
[12:46] {cipher} out ASML .62 +.21
01[12:47] {Threei}  http://goo.gl/bkKwG
[12:47] {backman} orcl tightening again
01[12:48] {Threei}  should be a short on .80 break
[12:48] {Les} that sounds pretty disgusting coming from a handle called backman
[12:48] {Les} UPS short works half out .50
06[12:48] * Threei hands backman 2x4 to slap les with
[12:48] {backman} les, thanks for paying attention
[12:50] {Les} trying long .82
[12:50] {Les} shorts ain't worked on it
[12:51] {jdetente} fading Vad's call...hmmm
[12:51] {jdetente} 2 x 4 may be coming for you Les.
[12:52] {nemo} put poisoined nails in it, will ya?
01[12:52] {Threei}  well, .80 hasn't gotten broken yet
01[12:52] {Threei}  so fade is not a violation of my dignity
[12:53] {Les} cover q UPS .40
01[12:53] {Threei}  "gotten broken"... somewhere angel of english lost his wings I think
01[12:54] {Threei}  and Raven fainted
[12:54] {cipher} PCYC l .30
[12:56] {Les} AWAY at 33
[12:56] {backman} JCP?
[12:56] {cipher} NTGR stopped .57 -.03
01[12:57] {Threei}  JCP, .65 break long, maybe
01[12:57] {Threei}  not exactly sure yet
[12:58] {backman} thnx
[12:59] {Les} UPS might let go here for new lows
[12:59] {Les} stillholdign a piece
[13:00] {Les} orcl stop -.05
[13:00] {nemo} UPS should keep going
01[13:00] {Threei}  forget JCP
[13:00] {Les} short .77
[13:01] {backman} yes..thanx...stopped last piece of orcl
[13:01] {nemo} orcl rebate trading
[13:02] {nemo} TNA has a 1.37 range today, wow
[13:02] {Les} last go on ORCL
01[13:03] {Threei}  (CH) SNB's Zurbruegg: Franc is still overvalued, there is fresh uncertainty about whether the EU could further push up the Swiss Franc- Swiss economy is well positioned to weather the difficult environment. - Reiterates defense of the EUR/CHF floor to remain in place for the foreseeable future.
[13:03] {Les} some nice FX reserves he's accumulating there last time I looked
[13:03] {Les} read huge frikin risk of loss
01[13:03] {Threei}  (CY) Cyprus President said to have called for a meeting of party leaders; bills to create a solidarity fund and restructure the banking system are said to be under discussion at meeting - financial press***Note that the Cyprus cabinet is currently meeting to discuss the "solidarity fund" According to prior reports, the fund would issue bonds or preferred shares to pension funds in exchange for a �2.8B contribution, and would receive transfers of natural gas rights, state property and possibly even church property.
01[13:04] {Threei}  "solidarity fund" eh
[13:05] {nemo} Solidarnosc
[13:05] {Les} had enough of ORCL
01[13:09] {Threei}  die ORCL
01[13:10] {Threei}  1:1 baby
01[13:10] {Threei}  now Les... let's see
[13:10] {Les} :(
01[13:10] {Threei}  why do 5 trades with no setup instead of waiting for one but clearly defined?
[13:10] {jdetente} step by step
[13:11] {Les} because I like punishing myself
01[13:11] {Threei}  you go long, stop by a few cents, short, stop by a few cents
[13:11] {backman} BBRY
01[13:11] {Threei}  this is not trading
01[13:11] {Threei}  this is dart shooting
01[13:11] {Threei}  wait for frikin setup and take it
01[13:11] {Threei}  no setup, no trade
[13:11] {nemo} you mean death by 1000 cuts?
01[13:12] {Threei}  result is that, yes
01[13:12] {Threei}  let me show you what I saw
[13:12] {nemo} GS on lows
[13:12] {nemo} oh Gawd, not that Vad
[13:12] {jdetente} took a scalp on that ORCL. thanks Vad
01[13:12] {Threei}  after nice double bottom at .20, it made 70 cents move
01[13:12] {Threei}  yw
01[13:13] {Threei}  move has ended with sharp spike at 12:25 - 37,
01[13:13] {Threei}  retreat, consolidation above support at .80
01[13:13] {Threei}  bbs tightened, nice and clean shiort setup
01[13:14] {Threei}  can't help but ask... what made you take all those multiple atempts?
01[13:14] {Threei}  let me cite this analogy which might help
01[13:15] {Threei}  stop thinking of trading as machine gun shooting in hopw to hit a target with one of the bullets
01[13:15] {Threei}  think of it as sitting in the hide
01[13:15] {Threei}  and waiting for a weak anthelope to walk by
01[13:15] {Threei}  you may havfe to sit long and get bored
[13:16] {Les} this is something I have to work on
[13:16] {Les} when market stops
[13:16] {Les} I get dangerous and delusional
01[13:16] {Threei}  but if you chose to shoot at anything that walks or runs by instead, what are yiour chances to hit anything worthy?
01[13:17] {Threei}  OK, so here are two methods for you to chose fropm
01[13:17] {Threei}  One:
01[13:17] {Threei}  grab a post-it note,
01[13:17] {Threei}  write on it in bold red letters:
01[13:17] {Threei}  Is there a setup or do I get D&D?
[13:18] {Les} d&d?
01[13:18] {Threei}  where first D stands for dangerous and second for delusional
01[13:18] {Threei}  and look at it before clicking that button
01[13:18] {Threei}  Second is described in MPP
01[13:19] {Threei}  calculate a monetary loss caused by these drive-by trades
01[13:19] {Threei}  write it on post-it in a form:
[13:19] {nemo} I think he should cut off his hands
01[13:19] {Threei}  $xxx - price of stupidity. Still want to click that button??
01[13:19] {Threei}  slap it on your monitor
01[13:20] {Threei}  so you can't not see it
[13:20] {jdetente} 1:2 for the non-scalpers on ORCL
01[13:20] {Threei}  yup, 1:2, I am out
[13:20] {nemo} do bad he couldn't get a pop up window everytime he loads a stock
01[13:20] {Threei}  nice and easy
[13:21] {Les} took orcl AGAIN .76 holding last piece here
[13:21] {Les} will do vad
01[13:21] {Threei}  seriosuly, do
01[13:21] {Threei}  it works
[13:21] {Les} yeh it's a block to my performance
[13:21] {nemo} can he read?
01[13:22] {Threei}  I don't remember whether I wrote about it in MPP,
[13:22] {nemo} think you did
01[13:22] {Threei}  but I had a mentoring vlient with a problem kike this,
01[13:22] {Threei}  like this
01[13:22] {Threei}  he hd some kind of inner demon possessing him to bklow his stops
01[13:23] {Threei}  three killed accounts, he still couldn't make himself keep his stops
01[13:23] {Threei}  I had him do extreme version of this "post-it" self-conditioning
01[13:23] {Threei}  he wrote about 20 of them
01[13:23] {Threei}  some were on his monitor,
01[13:24] {Threei}  some in his fridge, on the dishes and bottles he reached for,
01[13:24] {Threei}  some in pcokets on various pieces of clothing,
01[13:24] {Threei}  and even in his shoes
01[13:24] {Threei}  He was stumbling onto those "HOLD YOUR F***ING STOPS!" everywhere
01[13:25] {Threei}  in two weeks his wife e-mailed me with question,
[13:25] {patel} surprised he didnt tatatoo that on his body somewhere.
01[13:25] {Threei}  said: "I love what I see and how it helps him, and I started adding those,
01[13:26] {Threei}  I make sure I write a post-it and slap on a mirror in the washroom so he sees it in the morning,
01[13:26] {Threei}  on his coffee mug, etc,
01[13:26] {Threei}  just one thing... may I skip the swearing, kids, you know"
01[13:27] {Threei}  I said, well, I didn't think he'd take it that literally..
01[13:27] {Threei}  I inserted the word just in a course of conversation
01[13:27] {Threei}  long story short, it worked
[13:30] {Les} ORCL covered .61 +.16
01[13:30] {Threei}  there you go
01[13:30] {Threei}  one meaningful trade instead of 5 guesses
01[13:31] {Threei}  you are not dp's long lost brother, are you?
01[13:31] {Threei}  he used to do same thing
[13:31] {dptl} still fighting this
01[13:33] {Threei}  it's not as if I don't know hot it feels... I did the same thing in 1997, and I even remember a stock
01[13:33] {Threei}  ASND
[13:33] {Les} UPS averaged in a little on new lows at .35 covered last piece .93 +.64
01[13:33] {Threei}  not listed anymore
01[13:33] {Threei}  Ascend communications or something like this
[13:34] {Les} big thank you to Nemo for heads up
01[13:34] {Threei}  it was dropping like crazy that day, then bouncing like crazy
01[13:34] {Threei}  I for some reason decided it was full of opportunities
01[13:35] {Threei}  when I was done with it, or better put it was done with me, I counted 16 trades (and commissions were 25 bucks one way back then) and $2,800 loss
01[13:44] {Threei}  ese, do you want a daffodil farm in my neck of the woods?
[13:44] {Les} how much vad?
01[13:44] {Threei}  $20.4 mil, but I am sure we can negotiate it down to 20
[13:45] {Les} ouch
01[13:45] {Threei}  http://www.timescolonist.com/news/local/vantreight-central-saanich-farm-rezoned-for-residents-and-listed-to-sell-for-20-4m-1.95564#story-carousel
01[13:52] {Threei} Long Setup:  LYB  .50 break hl
01[13:53] {Threei}  If holds  .40
01[13:56] {Threei}  dam is holding for now
[13:59] {Les} short the new low?
[13:59] {Les} if it comes?
01[14:00] {Threei}  most l,ikely yes
[14:00] {nemo} timber day
01[14:00] {Threei}  (CY) Cyprus Central Bank chief confirms the bank restructuring legislation under review in parliament will guarantee safety of deposits under �100K- Bank bill would allow for banks to reopen on Tuesday and review continued funding assistance from the ECB (ELA); alternatives to bill would be the closure of the Cyprus banks
01[14:01] {Threei}  so, will they just increase levy on accounts above 100K?
01[14:02] {Threei}  it's so fascinating to watch this self-destruction
[14:02] {Les} Hitler's epoch doesn't look so exceptional in light of present european behaviour
01[14:03] {Threei}  in many regards different from xUSSR, and in many very similar
01[14:03] {Threei}  1:1 on the fade
01[14:05] {Threei}  you took it les?
[14:06] {Les} yeh yeh
[14:06] {Les} ty
01[14:06] {Threei}  yw
[14:06] {Les} missus is home. no time to be bored anymore
[14:07] {nemo} hehehe, time for your kneepads Les?
01[14:07] {Threei}  just like water... tried to break the dam, couldn't, so it went to look for another way out
[14:07] {Les} new UPS short?
[14:07] {Les} .70?
01[14:07] {Threei}  not sure
[14:07] {nemo} you're getting really extreme on the iwm finnies and spy I'd be real careful
01[14:07] {Threei}  may do a db here
01[14:07] {Threei}  yes
[14:07] {Les} k
01[14:07] {Threei}  believe me, it's very painful to say,
[14:07] {nemo} we could have a collapse, but, odds aren't with you
01[14:08] {Threei}  but nemo is right
01[14:13] {Threei}  there you go
01[14:13] {Threei}  (CY) Troika approves the lates Cyprus banking legislation
01[14:14] {Threei}  which ultimately includes controls on capital outflows
01[14:17] {Threei}  VCLK halt
[14:17] {Les} SPY  .60 short if holding .65}?
[14:17] {Les} never mind
01[14:26] {Threei}  "Nothing is more effective in demoralizing an enemy than seeing Scottish parachutists"
[14:27] {Les} oh I get it.... finally
[14:27] {nemo} duh
[14:27] {Will49} size matters...even in warfare
[14:35] {Les} yeh well I was imagining scots in cam fatigues not kilts. makes a world of difference
[14:36] {Will49} oh yeah!
[14:49] {ese} well.......computer jam........nice...stupid frickin thing.
[14:50] {ese} Vad saw that article on the Vantwreight properties........interesting.....i thought that you should buy it
01[14:50] {Threei}  meh
[14:51] {ese} ya
[14:56] {nemo} well think DDD has bottomed
01[14:58] {Threei}  now we need it topped
[14:59] {Les} GDX too for the moment
01[15:01] {Threei}  Cyprus - Bill would limit withdrawls and restrict the capital circulation
01[15:01] {Threei}  oh good
01[15:02] {Threei}  because we have too few restraints and too much capital circulation, and limiting those improves life
[15:06] {Les} GS
[15:06] {Les} db?
01[15:07] {Threei}  who knows
01[15:07] {Threei}  no indication
01[15:12] {Threei} Short Setup: BBRY  .20 break
01[15:12] {Threei}  If holds  .30
01[15:15] {Threei} Short Setup: JPM  .50 break
[15:22] {Les} ya took all me shares vad can^'tborrow bbry
01[15:30] {Threei}  stop .56
01[15:30] {Threei}  hit 1 cent of 1:1
01[15:40] {Threei}  BBRY 1:1
01[15:45] {Threei}  JPM 1:1 is close enough, half out
01[15:45] {Threei}  time becomes an issue
01[15:45] {Threei}  stop to .51
01[15:45] {Threei}  1:1
01[15:46] {Threei}  let's see if we can get a mini-collapse on last minutes
01[15:46] {Threei}  or a maxi one
01[15:46] {Threei}  I love them all
[15:46] {ese} Done for the day I'll catch you tomorrow morning.....
01[15:46] {Threei}  nothing like a collapsing market
01[15:46] {Threei}  short at will and count money
[15:47] {Will49} see ya ese
01[15:47] {Threei}  take care ese
[15:47] {ese} And the collapsing ese
[15:55] {patel} take care everyone
01[15:55] {Threei}  *(CY) S&P LOWERS CYPRUS SOVEREIGN RATING TO CCC FROM CCC+
01[15:55] {Threei}  Cyprus has rating?
01[15:55] {Threei}  I thought it was "dust"
[15:56] {Les} see Russian money is legit :)
01[15:56] {Threei}  (CY) Eurogroup concludes conference call on Cyprus; Statement expected shortly; Reiterates important to guarantee deposits under �100K- Eurogroup is prepared to discuss the new draft proposal with Cyprus. - Expecting Cyprus to present a new proposal quickly; Will continue talks after} Troika conducts analysis of details. - Reiterates Eurogroup is prepared to assist Cyprus in its reform effort. - Separately, press reports suggest Cyprus govt is ready to present its "internal borrowing" plan; Cyprus govt also opposes any deposit tax and insists that if Troika demands such a tax it should be very small.
01[15:57] {Threei}  ok, closing balance KPM
01[15:57] {Threei}  saved by the bell
01[15:57] {Threei}  JPM too
[15:57] {Will49} Tks Vad..decent day
01[15:57] {Threei}  yup
[15:57] {jdetente} yeah thanks Vad
[15:57] {Les} cheers
01[15:58] {Threei}  inch by inch
01[15:58] {Threei}  thanks guys
[15:58] {backman} my first green day...thnx
01[15:58] {Threei}  have a good evening, see you tomorrow
01[15:58] {Threei}  backman :)
01[15:59] {Threei}  frikin JPM, lol

Wednesday, March 20, 2013

March 20 2013

About flat to slightly positive day, started well with 3 wins, proceeded with a few stops as action became very choppy and ended with a few wins again. Overall, one of those days that make a broker happy.


Session Time: Wed Mar 20 00:00:00 2013
[08:48] {nemo} Well, I guess the rally has resumed.  Russian Mob now controls Cypress, and Putin should get that warm water Naval port now
[08:50] {jdetente} Good morning
01[08:51] {Threei}  morning guys
[09:07] {dptl} gm
01[09:08] {Threei}  dp :)
[09:09] {cipher} gm
01[09:09] {Threei}  cipher :)
[09:12] {Les} afternoon
01[09:12] {Threei}  les :)
01[09:12] {Threei}  headlines from Cyprus are non-stop
01[09:13] {Threei}  Cyprus Govt official: Denies reports that it sold Popular Bank to Russian investors
01[09:13] {Threei}  Troika rejects Cyprus alternative plans; want two Cyrus banks to be shut down - govt official
[09:15] {nemo} Fed Day.....yawwwwn
[09:16] {patel} Good Morning. I bet Reshi beat me to the room this morning
[09:17] {nemo} that was brutal...almost a 3 day bear market
01[09:17] {Threei}  patel :)
[09:20] {dptl} fomc today?
[09:21] {patel} yes sir at 2 pm
[09:21] {dptl} ty
[09:21] {nemo} should be boring
[09:21] {ese} mornin
[09:22] {Will49} gm
[09:22] {ese} will
[09:22] {thomcbell} bbry
[09:22] {Will49} hey!
01[09:22] {Threei}  ese, will :)
[09:22] {ese} akam +.44 so far
[09:22] {Will49} nemo, you're never boring
[09:23] {nemo} what I do now?
01[09:23] {Threei}  nothing yet but we know you won't leave us hanging
[09:27] {backman} gm
[09:27] {nemo} Adam West
01[09:27] {Threei}  backman :)
[09:27] {backman} Robin, it's almost spring time
[09:28] {nemo} I expected you to be a troglydite
[09:28] {backman} that's my other persona
[09:29] {nemo} I must have been Don Rickles in another life
[09:29] {Will49} there's a thought
[09:29] {nemo} it just flows out of me
[09:29] {nemo} c'mon Les, there's a setup for ya'
01[09:31] {Threei} Short Setup: C  .10 break
01[09:31] {Threei}  If holds  .20
[09:32] {cipher} pamt l .47
01[09:32] {Threei}  change to .15
01[09:32] {Threei}  If holds  .25
01[09:33] {Threei} Short Setup: JPM  .40 break
[09:33] {nemo} spy iwm and finnies bsically at the Monthly R2
01[09:33] {Threei}  If holds  .50
01[09:34] {Threei}  JPM change to .45 break
01[09:35] {Threei}  C 1:1
01[09:36] {Threei}  JPM stop to .51
[09:38] {nemo} that renshi again
01[09:38] {Threei} Short Setup: GDX  .50 break
[09:38] {cc_8} Among the companies with shares expected to trade actively in Wednesday’s session are FedEx Corp., Adobe Systems Inc. and Williams-Sonoma Inc.
[09:38] {cc_8} FedEx Corp.’s fiscal third-quarter earnings fell 31% as the global shipping giant was hurt by expenses related to its cost-cutting efforts and continued pressure in its international business that will result in capacity cutbacks in Asia. Shares fell 3.9% to $102.30 in premarket trade.
[09:38] {cc_8} Adobe Systems Inc.’s fiscal first-quarter earnings fell 65% on higher expenses due in part because subscriptions for its digital creative and marketing services grew ahead of expectations. Shares were up 5.8% to $43.11 premarket.
[09:39] {cipher} hain l .53
01[09:39] {Threei}  yup... ravi = reshi
01[09:39] {Threei}  change of tactics
[09:40] {nemo} $ down almost .5%
[09:40] {cipher} out hain .75 +.22
[09:40] {cipher} out pamt .84 +.37
01[09:41] {Threei}  1:1
01[09:41] {Threei}  yeah right
01[09:41] {Threei}  JPM 1:1
01[09:41] {Threei}  finally
[09:41] {cipher} gdx l .39
[09:42] {cipher} out .44 +.05
01[09:43] {Threei}  1:2 JPM
01[09:43] {Threei}  3:3... e-mail to reshi should indicate that he would have paid for a month membership this morning if traded with us instead of coming up with new username
[09:48] {Will49} great start ad
[09:48] {nemo} this opening is the weekly pivot in IWM
[09:48] {Will49} Vad
01[09:48] {Threei}  don't tell me will, tell reshi {G}
01[09:48] {Threei}  I guess we should be thankful to this guy, a source of neverending entertainment
[09:49] {Will49} that's he attitude
[09:49] {Will49} the
[09:51] {cipher} VRSK L .60
[09:51] {nemo} mmmhhhhh no dino
01[09:51] {Threei} Short Setup: SLW  .20 break
01[09:51] {Threei}  dino is off for a week
[09:51] {nemo} ahhh
[09:53] {cipher} out VRSK -.10
01[09:59] {Threei}  (DE) German Chancellor Merkel: Raising taxes in Germany would be the wrong policy, economy is still fragile- Notes there will be more tough talks with the Cyprus Govt, need a lasting solution for the crisis - Does not want to see deposts under �100K taxed in Cyprus
01[09:59] {Threei}  but everything over is a fair game
[09:59] {backman} slw stop .3
[09:59] {backman} ?
01[09:59] {Threei}  .31
01[10:00] {Threei}  isn't it unbelieavble how they consider confiscation acceptable solution?
[10:00] {Les} it is
[10:01] {Les} the idea that people must share the burden for their stupidity
[10:01] {jdetente} I would like to say it is...but am really not surprised.
[10:01] {Les} return to the middle ages
01[10:02] {Threei}  I guess I am, because ever after leaving xUSSR I thought I'd never see this kind of things
[10:03] {jdetente} socialism has become acceptable in the western world over the last 20 years
[10:03] {jdetente} and these kinds of actions follow close behind
01[10:04] {Threei}  so, what to do when there is nowhere to immigrate anymore?? :)
[10:04] {Will49} mars
01[10:04] {Threei}  Titan...
[10:04] {Les} the caverns of mercury
01[10:04] {Threei}  sirens are really pretty
[10:05] {nemo} Les why don't you try the Marianna Trench
[10:05] {backman} vlo?
[10:05] {Les} and you going back to sleep
[10:05] {nemo} wow...
[10:05] {nemo} vicious...
[10:06] {Will49} hey!
[10:06] {Les} working on Mushin last night at Aikido Nemo
01[10:06] {Threei}  VLO, nothing yet
[10:06] {nemo} No mind is your natural state, don't know why you have to work at it?
[10:07] {Les} didn't need to aks for that one
[10:07] {Les} zen meditation remains best means of working on this at home?
[10:07] {nemo} yep, just take the opponents momentum and use it against him
[10:08] {nemo} must be trained both ways
[10:08] {nemo} You get a more isolated purer sense of it in meditation, but...
[10:08] {nemo} the key is to put it in conscious practice in actions
01[10:08] {Threei} Short Setup: GDX  .40 break
01[10:08] {Threei}  If holds  .50
[10:17] {cipher} PAMT L .85
[10:19] {Les} CAT trying to hold on here
[10:20] {cipher} CAT L .25
[10:23] {cipher} out CAT -.10
01[10:25] {Threei}  let's trail SLW to .26
[10:26] {cipher} BSFT S .27
01[10:27] {Threei}  and let's trail GDX to .46
01[10:27] {Threei}  market stalled
[10:28] {cipher} cov BSFT .35 -.08
01[10:28] {Threei}  with FOMC ahead and three winning trades under our belt, let's limit risk to a minimum and hope for Cyprus to spice things up
[10:29] {jdetente} well that was that
01[10:29] {Threei}  yup, closed both
[10:30] {cipher} BSFT S .38
[10:34] {Will49} spice things up Vad...not spike things up:)
[10:34] {Les} we bored will?
[10:34] {Will49} not me
[10:35] {Will49} had 2 trades on at once (two times) a first for me
[10:35] {Will49} very exciting
[10:35] {Will49} and stressful
[10:35] {Will49} one was great
[10:35] {Will49} one set was...well:(
[10:36] {Les} was my reference to Mushin earlier will
[10:36] {Will49} yeah
[10:36] {Les} trying to create no mind trading philosophy
[10:37] {Les} frame work
[10:37] {Les} no good
[10:37] {Les} no bad
[10:37] {Will49} teach me Les, teach me
[10:37] {Les} damn hard to implement
[10:37] {Les} speak to bunny boy
01[10:37] {Threei}  why is it hard to implement? the most natural thing
[10:37] {Les} or vad
[10:39] {patel} yeah I coudlnt keep up with C and JPM
[10:39] {patel} chose C instead
[10:39] {cipher} out PAMT .03 + .18
[10:45] {Les} missed TNA recross of the bottom of the range. looking for a 2nd chance
01[10:45] {Threei}  darn SLW rinsed
[10:46] {jdetente} son of a gun
[10:46] {ese} Lcnw .88
[10:46] {patel} is littleal aka reshi aka ravi
[10:46] {ese} thats L cnw
[10:46] {jdetente} no, that's a guy I know...recommended he sign up for trial
[10:47] {nemo} fresh meat
01[10:47] {Threei}  jd, explain him about undescore
[10:47] {jdetente} I just sent him an email
01[10:47] {Threei}  he doesn't read his e-mails
01[10:47] {Threei}  well, not from us anyway :)
01[10:48] {Threei}  grrr SKW
01[10:48] {Threei}  and GDX
[10:48] {cipher} onxx drop
[10:48] {Les} l tna .81 stop under .73
[10:49] {jdetente} darn SLW and GDX
01[10:49] {Threei}  shouldn't have tightened stop, eh?
[10:49] {cipher} ONXX L .01
[10:49] {Will49} fricken is a better emosional word
[10:49] {Will49} emotional
[10:49] {jdetente} I didn't suggest tightening stop this time...I'm off the hook hehe
[10:50] {Les} stop -.11
01[10:50] {Threei}  that's OK jd, I can alway blame nemo
[10:50] {jdetente} by default
01[10:52] {Threei}  yeah, that's my first "go to"
[10:52] {Will49} fricken ravi
[10:52] {Will49} there, i said it
[10:53] {nemo} go wash your mouth out with lye
[10:53] {Will49} now this gentleman deserves to be here
[10:54] {nemo} sounds so cute
[10:54] {_littleal} Morning
[10:54] {nemo} like the sound a baby chick makes when you step on it
[10:54] {jdetente} welcome to the fun house
[10:54] {Les} afternoon
01[10:54] {Threei}  hi al, welcome
[10:54] {cipher} EXPD L .64
01[10:54] {Threei}  overcame the Great Barrier of Underscore? :)
[10:54] {_littleal} Yep
[10:54] {Will49} can al send ravi an email?
01[10:55] {Threei}  no
[10:55] {Will49} jk
01[10:55] {Threei}  ravi is mine
[10:55] {nemo} mmmhhh, I know we're in a range, but I have upward pressure on the indexes
[10:56] {Les} yeh me too
[10:56] {Les} but after blowing that first tna entry...
01[10:56] {Threei}  GDX 1:1 too... grrr
[10:58] {Will49} better see a doc Les if you have upward pressure on your index
01[10:59] {Threei}  rofl
01[10:59] {Threei}  I'd nominate it for the best joke of the day, will...
[10:59] {Will49} tks :)
01[11:00] {Threei}  if not for an e-mail I've got 5 min ago
01[11:00] {Threei}  *(EU) EURO ZONE MAR ADVANCED CONSUMER CONFIDENCE: -23.5 V -23.2E
[11:00] {ese} well........thats certainly a statement that open for interpretation
[11:00] {ese} thats
01[11:00] {Threei}  lord give me strength not to answer some of the e-mails
01[11:02] {Threei}  "I am willing to give your 111 trades course a try if you promise to talk me via skype through each and every trade I take for the next 3 months"
[11:02] {patel} WOW
[11:02] {nemo} if you wan't a boredom trade, short oxy here
[11:02] {patel} just tell them
[11:02] {patel} there's only 24 hours in a day.
01[11:02] {Threei}  Certainly. Absolutely. Personal mentoring is $200/hour, and I talk slowly.
[11:02] {patel} like u told me
[11:02] {nemo} as you told me
[11:03] {nemo} "like" is a comparison
[11:03] {Will49} come on Vad, your fee was only $100 yesterday
[11:03] {nemo} inflation
[11:03] {Will49} inflation
01[11:03] {Threei}  :)
[11:03] {ese} vad just told me to "get lost"
[11:04] {backman} ese, do u follow any of his advice
[11:04] {_littleal} When I have nothing to say my fee is only $50.00 per hour lol
[11:04] {ese} indeed.........it's the reason i'm talking to you now
[11:04] {Will49} don't answer that
01[11:04] {Threei}  no al... I won't remain silent for such measly fee
[11:04] {backman} i am humbled
[11:05] {patel} the way to get around Vad fees is to send you a bottle of vodka
[11:05] {patel} *him
[11:05] {Will49} every day
[11:05] {patel} yeah and he let you drink the whole botlte
[11:05] {ese} best one thought was I had made $45000.00 one morning about 4 years back......and it scared the crap out of me and I had to call him personally to find out what to do............
[11:05] {patel} then get on Skype and make him go over tradews
[11:05] {patel} LOL
[11:06] {ese} sorry 35000.00
[11:07] {nemo} inflation
01[11:07] {Threei} Short Setup: LVS  .20 break hl
01[11:07] {Threei}  If holds  .30
[11:07] {patel} if I made 45000 one morning yall wouldnt see me in here for a month.
[11:07] {ese} actually can't remember whether I talked you vad or it was email.........anyway it was funny like you were holding my hand..............."ok....now do this........now do this.............now do this"
01[11:08] {Threei}  that was dcc
[11:08] {Will49} look what you've done ese...made me miss an entry
01[11:09] {Threei}  here it is again will
01[11:09] {Threei}  just keep it to half lot
01[11:09] {Threei}  too much uncertainty
[11:09] {ese} I'll buy you a beer seeing as how you can't afford it now......hows that
[11:09] {Will49} deal
[11:10] {Will49} i may miss a bunch more this morning
01[11:10] {Threei}  no go
[11:10] {Will49} tks ese for making me miss that
[11:10] {ese} lol........good plan......thats the way i think
[11:10] {Will49} buy you a beer?
[11:11] {ese} you just have to show up........they give you free rounds.....forget buying
[11:11] {nemo} OXY 1:1
[11:12] {Will49} you washing clothes this morning?
[11:12] {ese} cnw is doing it's technical version of the narrow range 7000 bars..........sheesh ...get up there
[11:13] {Les} holding oxy for more
[11:13] {ese} who me?
[11:13] {Will49} no, forget it
[11:13] {Will49} weak try at humour
[11:14] {ese} oh......I get it........oxy the detergent............sorry fella your humor is too deep for me
[11:14] {Will49} good boy
[11:14] {ese} lol
[11:14] {Will49} drummers usually miss those
[11:15] {Les} shorting iwm .49
[11:15] {Will49} come on les, we're trying to chat here
[11:15] {ese} ba dap bap
[11:15] {Will49} what do you think this room is for anyway
01[11:16] {Threei} Short Setup: CAT  .90 break
[11:16] {nemo} cog looks good short here
01[11:16] {Threei}  If holds  87
[11:16] {nemo} sina looks short here
[11:17] {Les} cover half iwm .45
01[11:18] {Threei}  frikin LVS
01[11:18] {Threei}  rinse
[11:19] {jdetente} LVS took oxy to us
01[11:19] {Threei}  CAT, aiming for 1:2 at least
[11:19] {Les} nother quarter iwm .40 rest is on the house
01[11:19] {Threei}  may be more, will decide later
01[11:19] {Threei}  1:1
[11:19] {dptl} choppy choppy today
01[11:19] {Threei}  FOMC day
01[11:19] {Threei}  no wonder
[11:20] {Les} no bias. up, down, fat, skinny, want it all...
01[11:20] {Threei}  hmmm
[11:20] {dptl} thinking to go back to bad :) happy i dont have any account in Cypress
[11:20] {Will49} LOL
01[11:21] {Threei}  bad is waiting for you I am sure
[11:21] {Les} whose bad?
01[11:21] {Threei}  that's what bad usually do
[11:21] {dptl} bed lol....
[11:21] {dptl} its time i think lol
[11:21] {nemo} think you can drop the stop to .40 on oxy
01[11:22] {Threei}  CAT second half is stopped on a trail
01[11:22] {Threei}  really choppy
[11:22] {dptl} lets all go back to bed
01[11:23] {Threei}  uh oh
01[11:23] {Threei}  that would have to be one bad bed...
[11:23] {dptl} roflol
[11:23] {Will49} les has a bad index
01[11:23] {Threei}  I will have to respectfully decline the invitation
[11:24] {Will49} can't go to bed with anyone
[11:24] {Will49} Les that is
[11:25] {Les} covered oxy .11 ty Nemo
[11:25] {Les} made .25 target without me
01[11:25] {Threei} Long Setup:  BP  .85 break
01[11:25] {Threei}  If holds  .80
01[11:25] {Threei}  just a scalp
[11:34] {jdetente} darn CAT
01[11:34] {Threei}  yeah
01[11:35] {Threei}  chop chop
[11:35] {dptl} too bad i said its time for bed...there :)
[11:35] {ese} akam +.83 so far...........this is the way life was meant to be..........sitting here relaxed making money.........and when the spirit moves you.... insult nemo a bit then Les for a bit............what could be better
01[11:36] {Threei}  (CY) Eurogroup Finance Ministers reportedly planning to conduct a call on Cyprus later today
[11:36] {Will49} life works, doesn't it?
01[11:36] {Threei}  not for Cyprus deposit holders
[11:36] {ese} definitely
[11:37] {Les} I read legit Russian business dealings grinding to a halt with Cyprus. Good for the economy and confidence that...
01[11:37] {Threei}  legit russian business?
[11:37] {Les} oxymoron?
[11:37] {Will49} oxycontin
01[11:38] {Threei}  if there is any, why would it use Cyprus
[11:38] {Les} watching too much advertising will
[11:38] {ese} they better really have a good think about taxing those bank accts..........that in no uncertain terms will devestate that country..........will most certainly undermine confidence in the baniking system there for sure
[11:38] {Les} special tax status on dividends etc
01[11:38] {Threei}  no go BP
[11:38] {Will49} just a good ole American consumer les
[11:38] {jdetente} choppy morning indeed
01[11:39] {Threei}  yeah, first 20 min were all we got for confident trading
01[11:39] {Threei}  after that randomness took over
01[11:40] {Threei}  market is nervously waiting for another headline from Cyprus, and has Ben to listen to later on
[11:41] {patel} my big miss today was ULTA.
01[11:42] {Threei}  CAT...
01[11:42] {Threei}  sheesh
[11:42] {ese} that will tank the mrkt for sure.........i don't think the mrkt has ever gone up once after Bernackers has shot off his mouth.........mr negative that man
[11:42] {Will49} i hate cats anyway
01[11:42] {Threei}  got the right read, disipline was too strict
[11:43] {ese} does nothing to instill confidence
01[11:43] {Threei}  lol
01[11:43] {Threei}  ese, you just don't quit, do you
[11:43] {ese} never
01[11:44] {Threei}  if 85 billion dollars monthly he injects in the market is not enough, what do you think he can do?
01[11:44] {Threei}  put a price on confidence then
[11:45] {ese} injecting the money is not aconfidence builder
01[11:45] {Threei}  what is?
01[11:45] {Threei}  saying "everything is hunky dory"?
[11:45] {ese} lol
01[11:45] {Threei}  Obama does that
01[11:45] {Threei}  where is confidence?
[11:46] {nemo} Les, not sure I'd take this range bottom in IWM
[11:47] {ese} am thinking ...don't have answer for yet.........but the resilience of the US economy is a good place to start......everyone was assuming armageden by now
01[11:47] {Threei}  what does ben have ti do with it?
01[11:48] {Threei}  you expect him to stand up and say "US economy is resilient" and you think things will look up after that?
[11:48] {Les} note we are back at bottom of the rane
[11:48] {Les} range
01[11:48] {Threei}  again, Obama said that about 200 times. Helped much?
[11:48] {cipher} out ONXX .42 +.41
[11:48] {ese} no not necessarilly
[11:49] {ese} well..........were into a rally aren't we
01[11:49] {Threei}  of course
[11:49] {cipher} Z L.92
[11:49] {nemo} mmmhhhh, if I believed in rigged markets, I'd say they're looking to bottom CAT out around 86 when Bennie speaks
01[11:49] {Threei}  and as we discussed about 200 times, thanks to 85 billion dollars monthly injection
01[11:50] {Threei}  you think there is direct link between market performance and economy?
[11:50] {nemo} Yeah, Bennie buys the riskier securities from the banks so they now have more room to upgrade their risk profile with US Treasuries
[11:50] {nemo} If Bennie stops buying, things get interesting
01[11:51] {Threei}  seriously, do you have an idea what is goijg to happen to the market if BVen stops bouying bonds?
[11:51] {ese} yup
01[11:51] {Threei}  see how market drops with any sioghltest hint that they may stop buying this year
[11:51] {Les} covered iwm. 1:3 +.15
01[11:51] {Threei}  so, you realize that market rallies thanks to this buying?
01[11:52] {Threei}  and economy state is irrelevant to this rally?
[11:53] {ese} and the amount of capitol that has still not been committed....in the trillions
01[11:53] {Threei}  sdo we are back to:
01[11:53] {Threei}  what is it you want Ben to do?
[11:54] {ese} lol
01[11:54] {Threei}  here is a kicker:
01[11:54] {Threei}  we both don't like Ben and what he is doing,
01[11:54] {Threei}  only I want him to stop doing it, and you want him to do more
01[11:55] {Threei}  - Despite the market optimism, the situation in Cyprus remains highly volatile. The consensus view is that Europe needs to find a way to restore confidence in Cyprus by this weekend or the banking system and economy could collapse. Plan A has been voted down and Plans B and C (whatever they were) have been dismissed.
01[11:56] {Threei}  Meanwhile, the ECB is balking at using the ELA for a bank recap, claiming that Cyprus's banking system is functionally insolvent. The Cyprus finance minister is in Moscow negotiating with the Russians, who have reportedly shown interest in granting a loan in exchange for natural gas assets and/or a naval base, but this route is problematic as well, also for diplomatic reasons.
01[11:56] {Threei}  After dropping below 1.2900 and the 200-day moving average during yesterday's session, EUR/USD has retaken 1.2950 overnight on vain hopes a solution was near.
[11:59] {Les} TNA longs are bane of my existance today another stop .16
[11:59] {Les} keeping it 100 shares
[11:59] {nemo} Les, what did I say above
[11:59] {Les} besides insulting me at every opportunity?
[12:00] {Les} I'm happy. took IWM short on full loadout
[12:03] {Les} last try .43
[12:03] {nemo} that's a big stop
[12:03] {nemo} looks good though
[12:04] {Les} yeh bullish divergence now in 1min with 3 turning up
[12:04] {Les} we'll see
[12:04] {nemo} only issue is the size of the stop
01[12:05] {Threei} Short Setup: FB  .05 break
01[12:05] {Threei}  If holds  .15
[12:07] {Les} outu .35
[12:07] {Les} spy dropping
[12:09] {_littleal} BOTT is in 3 trades currently,  LVS, GMCR and DDD.  If you want the details let me know.  I am in DDD and GMCR and closed out my LVS this morning.
[12:10] {cipher} out Z .87 -.05
01[12:11] {Threei}  who is bott?
[12:13] {_littleal} Sorry posted here in error.  He is another guy I am following.
[12:14] {Will49} we practice monogamy here :)
[12:15] {jdetente} no polygamy here hehe
01[12:15] {Threei}  well, unless dp takes over with his orgy suggestions'
[12:15] {jdetente} yikes
[12:15] {patel} we just practice backpage here.
[12:15] {Will49} omg
[12:15] {Will49} haha
[12:16] {dptl}  lol
[12:16] {backman} ahh, i knew i joined this rm for a reason
[12:16] {patel} We like to go to FB to find our CAT.
[12:16] {patel} and hten go to JPM.
[12:16] {jdetente} dp and his pal
[12:16] {jdetente} http://lifefromthestep.files.wordpress.com/2011/06/wild-steve-martin.jpg
[12:17] {Will49} good one patel
01[12:17] {Threei}  (CY) Cyprus cabinet reportedly to begin debate on capital controls; banks will remain closed through week end - financial press
01[12:20] {Threei}  ok FB... it's time
[12:21] {jdetente} time for the 2 x 4
01[12:21] {Threei}  The best name for the home Wi-Fi network guaranteed to give your neighbors shivers: FBI Surveilance Van
[12:21] {Will49} Yes!
[12:27] {backman} tighten FB stop?
01[12:28] {Threei}  formally yes... informally, this is what took us out of two winning plays today, lol
01[12:28] {Threei}  let's leave it to your discretion
[12:29] {jdetente} I keep giving CAT the evil eye
[12:29] {jdetente} it just laughs back at me lol
[12:29] {Will49} cat's eye
[12:44] {cipher} ONXX L .37
[12:45] {cipher} out .44
[12:52] {cipher} onxx l .34
[13:02] {Les} CAT
[13:07] {cipher} out ONXX .65 +.28
[13:08] {patel} coem on FB break 26
06[13:11] * Threei hits FB over the head with 2x4
[13:13] {ese} out cnw.........00 +.12  had enough watin there
[13:13] {nemo} well, with what's going on in Europe Bennie can't say anything bad for the market
01[13:18] {Threei}  ok, with FB bouncing just couple cents of 1:1, this time I do trail dtop
01[13:18] {Threei}  stop
01[13:18] {Threei}  .11
[13:21] {nemo} finnies been maintaing a trend since 10:30
[13:23] {Les} LVS pushing it today
[13:23] {backman} EBAY also
01[13:26] {Threei}  if FB works, it will be officially nominated as the longest hold of 2013
06[13:34] * Threei pours poison in FB's coffee
[13:34] {nemo} would you do Les' first
[13:35] {Will49} try slapping its face-book
01[13:35] {Threei}  I would never ever do that
01[13:36] {Threei}  I am a very peaceful human being deeply detesting violence in all its forms
[13:36] {nemo} VXX dropping so nobody seems to be worried about Bennie
06[13:36] * Threei slaps nemo around a bit with a large anti-violence banner, spiked with rusty nails
[13:36] {cipher} ONXX L .01
[13:37] {nemo} that's it, I'm outta' here...frickin' crunchy granola Ukranians, sheesh
06[13:37] * Threei slaps nemo around a bit with a large piece of a raw beef spiked with hemlock and rusty nails
[13:38] {nemo} you'll have to do better than that
01[13:38] {Threei}  see just how anti-violence I am?
06[13:40] * Threei slaps nemo around a bit with a concrete streetlight pole decorated with pink tie
[13:40] {patel} speaking of violence
[13:40] {patel} After he came into the courtroom, Lane calmly unbuttoned his blue dress shirt to reveal the T-shirt reading "killer," which the prosecutor noted was similar to one he wore during the shooting.
[13:40] {patel} At one point, Lane swiveled around in his chair toward the gallery where his own family members and those of the slain teenagers were sitting and spoke suddenly, surprising even his lawyer.
[13:40] {patel} "The hand that pulled the trigger that killed your sons now masturbates to the memory," he said, then cursed at and raised his middle finger toward the victims' relatives.
[13:41] {Les} wow vad
[13:41] {Les} u did it
01[13:41] {Threei}  wow... did I??
01[13:41] {Threei}  can't believe it
[13:41] {patel} this was some teenager in Ohio that shot 3 students
01[13:42] {Threei}  FB!
01[13:42] {Threei}  probing 1:1
01[13:42] {Threei}  1 h 37 minutes
[13:43] {jdetente} miracles do happen
[13:43] {jdetente} FB a patience tester
[13:55] {patel} we holding FB into FOMC
01[13:56] {Threei}  half, with b/e stop...
01[13:56] {Threei}  for better or worse
01[13:56] {Threei}  till Ben does us part
01[14:00] {Threei}  *(US) FOMC HOLDS FED FUNDS RATE TARGET AT 0.25% (AS EXPECTED): WILL CONTINUE TO PURCHASE TREASURIES AT $45B/MONTH - Vote 11-1
01[14:01] {Threei}  decided to continue purchasing additional agency mortgage-backed securities at a pace of $40 billion per month and longer-term Treasury securities at a pace of $45 billion per month.
01[14:01] {Threei}  there ese... happy?
01[14:02] {Threei}  Committee reiterates it decided to keep the target range for the federal funds rate at 0 to 1/4 percent and currently anticipates that this exceptionally low range for the federal funds rate will be appropriate at least as long as the unemployment rate remains above 6-1/2 percent, inflation between one and two years ahead is projected to be no more than a half percentage point above the Committee's 2 percent longer-run goal, and longer-term inflation expectations continue to be well anchored.
[14:02] {Les} can we go back to sleep now?
[14:04] {Will49} don't worry, they can "fudge" the unemployment numbers any time they please
[14:04] {Les} lvs  short .60?
[14:04] {Will49} rate will likely get "fixed" in time for next Dem President to be elected
[14:05] {Will49} Will lowers his jaded head
01[14:05] {Threei}  .60?
01[14:05] {Threei}  too far from here
[14:05] {Les} obviously not
[14:05] {Les} now
[14:06] {cipher} LMCA L .30
[14:07] {cipher} out .53 +.23
[14:07] {nemo} homebuilders being bid
[14:07] {Les} short lvs .72
[14:08] {Les} cover half .65
[14:08] {Les} DT baby
[14:12] {Les} out last half .71 not hanging around
[14:15] {ese} Not good enough.......he needs to sound happier whe he says stuff like that
[14:16] {ese} akam +1.00
[14:17] {jdetente} gj ese
[14:18] {Les} nice one ese
[14:18] {cipher} LMCA S.88
[14:19] {nemo} I'm not coming in on Fed Days anymore
[14:20] {Will49} way to go ese
[14:21] {cipher} cov LMCA .69 +.19
[14:22] {ese} put the stop in at 35.......am gonna let it ride
[14:23] {ese} 37.50 is next resistance according to my iscan........gonna see if it can make that
[14:23] {ese} it would have been there today if Bernackers would have sounded hapier
[14:24] {Les} big volume coming into lvs at R3
[14:25] {nemo} pullback over  on to new highs on the year
[14:30] {nemo} add back the dividend 156.12 would be new highs
[14:35] {Les} LVS didn't give me a 2nd run above 55 to short...
[14:37] {cipher} ONXX may get short squeeze
[14:38] {Les} vad I'm a little confused by the volume price action in LVS
[14:38] {Les} first spike at 55
[14:39] {Les} 2nd breaking through it
[14:39] {Les} that constitutes the topping action?
[14:39] {Les} not exactly a DT
01[14:39] {Threei}  (US) Fed Chairman Bernanke: Job market has shown signs of improvement over last six months, economic data has returned to positive growth after a pause - press conference- Inflation expectations are stable, running below FOMC objectives. - Most participants agree that QE continues to provide meaningful support to the economic recovery - Risks to financial stability include threats to the functioning of securities markets and low rates spurring excessive risk-taking behavior. FOMC decided that the risks continue to be manageable. - FOMC could vary pace of asset purchases, although at current meeting decided not to vary the purchases. - Reiterates that the Fed's policy thresholds are not automatic triggers for changes in monetary policy
01[14:42] {Threei} Short Setup: FB  .95 break
01[14:43] {Threei}  If holds  26
[14:46] {cipher} out ONXX .55 +.51
01[14:46] {Threei}  wtg
[14:46] {Les} good call on the run cipher
[14:46] {ese} Nice one C
[14:46] {cipher} thx
[14:47] {cipher} saw it coming
[14:47] {cipher} shorter got caught with his pants down
01[14:47] {Threei}  and those were lulu pants to begin with
[14:47] {cipher} yep
[14:47] {Will49} lol
[14:47] {Will49} i mean lulululu
[14:48] {ese} Everyone on the board bought there LuLu Lemon see through clothes
[14:49] {Will49} is that a question?
[14:49] {ese} i
[14:49] {ese}  could be.......i've kinda left that up in the air
[14:50] {Will49} i refuse to answer on the grounds that....
[14:50] {ese} I say we get some will and wear them to vads shiskabob party
[14:50] {ese} dp......you have to get some as well
[14:50] {Will49} yeah man
[14:51] {Will49} he'll be able to see some russian guns
[14:51] {ese} hmmmmmmmmmmmmmmmm
[14:51] {patel} yes
[14:51] {Will49} i left that up in the air
01[14:53] {Threei}  considering dp's inclination we learned of just today... will you really take this risk?
[14:53] {Les} covered half at .88 ty
01[14:54] {Threei}  halt out FB .87
[14:54] {Will49} long as you keep your lulus on
[14:54] {ese} thats another hmmmmmmmmmmmmmm
01[14:54] {Threei}  I mean... [11:22] {dptl} lets all go back to bed
01[14:56] {Threei}  bidding 1/4 .81
[14:56] {ese} lol
01[14:57] {Threei}  ok, .83
[14:57] {Les} done ty
[14:57] {Will49} out at .82 tks Vad
01[14:57] {Threei}  and keeping last peice to see if we can break .80
[14:57] {Les} hmmm new lows per chance?
01[14:57] {Threei}  yw
[14:57] {Les} volume looks good
[14:57] {Les} daily
01[14:57] {Threei}  and I just hate the company
01[14:58] {Threei}  (as if has anything to do with trading)
[14:58] {Les} oh
[14:58] {Les} I thought you meant my company
06[14:59] * Threei unties pink tie from the concrete streetlight pole and hits nemo with it whe he expects it the least
01[14:59] {Threei}  stop .91
01[15:00] {Threei}  see Les... when I managed to beat nemo out the door, it was not the conrete pole that did it... it was pink tie
[15:01] {Les} he homophobic as well?
[15:01] {Will49} he's hemoglobin
[15:01] {nemo} if I can put up with you Les, I can put up with anybody
[15:01] {Les} you mean he doesn't have green goblin blood will?
01[15:02] {Threei}  he sent me hateful e-mail to the effect: poison me, beat me up, shoot me, throw grenade at me... I will all too happy to return all these favors. But pink tie?? I just turn away and walk away, keeping my head up, in proud silence.
[15:02] {Les} love you too Nemo
[15:02] {Les} bwaahahahahhaaaa
[15:02] {nemo} now he's imagining things
[15:02] {Les} wow UPS
[15:03] {Les} what's happening to freight
01[15:03] {Threei}  why, I can even hsow the e-mailm, just give me couple min to fake it
[15:03] {nemo} same as FDX
[15:03] {Les} ;)
[15:03] {Les} woooow
[15:03] {Les} FDX death
[15:03] {Les} trannies gonna cave quikc at that rate
01[15:04] {Threei}  bad report and poor guidance
[15:04] {ese} gotta go all.....family heading out for lunch......catch ya tamara...
[15:04] {Will49} be good ese
01[15:04] {Threei}  {tamara} you sure? I run fast
[15:04] {ese} cya will
[15:04] {ese} yes indeedee
01[15:17] {Threei}  die FB
01[15:17] {Threei}  lose .80 and die
01[15:18] {Threei}  daily is horrible
01[15:18] {Threei}  nothing but air down to 25
01[15:18] {Threei}  and if that is lost...
[15:19] {Les} zuckerburger loses a pretty penny if he ain^'t already cashed out
[15:19] {nemo} options
01[15:23] {Threei}  btw, in case you didn't know... nemo recently discovered a way to make pedestrians to move away much faster when he drives. He replaced his standard car honk with new one, imitating gunshots.
[15:24] {nemo} semi-automatic bursts actually
[15:25] {Les} always the charmer
[15:25] {nemo} frickin' proletariat pains in the ass
[15:25] {Les} Nemo for President
01[15:26] {Threei}  he has my vote
[15:26] {Will49} Les for precedent
01[15:26] {Threei} Short Setup: CAT  .90 break
01[15:27] {Threei}  If holds  87
01[15:27] {Threei}  a tad late alert... sorry
[15:27] {jdetente} missed
[15:27] {jdetente} shoot
[15:27] {Will49} me too
01[15:27] {Threei}  yeah, was just a second late to post
[15:28] {Les} just bounced off vwap resistance might keep going down
01[15:29] {Threei}  ok
01[15:29] {Threei}  in
[15:30] {_littleal} so if CAT hit 87 you would stop out?
01[15:30] {Threei}  if it breaks it
01[15:30] {Threei}  http://www.realitytrader.com/tradingroom/#instructions
01[15:31] {Threei}  make sure you read it to understand alerts
[15:33] {nemo} and don't spend too much time talking to Les, it'll take 20 points off your IQ
01[15:33] {Threei}  1:2
01[15:33] {Threei}  1:1
[15:34] {_littleal} thx for the help.
01[15:34] {Threei}  sure thing
[15:36] {Les} oh nemo
[15:39] {nemo} so, take out the little Cypress blip and add back the dividend, we're basically trading flat, building a base at the highs in IWM SPY and Finnies
01[15:39] {Threei}  pretty much
01[15:40] {Threei}  but with Cyprus uncertainty, who knows which way it resolves
[15:40] {Les} more free money
[15:40] {nemo} I figure we keep moving higher into earnings season, get next months fund inflows, then begin the usual May selloff
01[15:41] {Threei}  yes but all that is providing nothing else happens - and with idiots running the world show, anything can happen any moment'
01[15:41] {Threei}  we have potential government shutdown in a week or so,
01[15:41] {Threei}  Cyprus,
01[15:41] {Threei}  Spain,
01[15:41] {Threei}  Italy,
[15:42] {nemo} nah, Republicans won't let government shut down
01[15:42] {Threei}  and before I list about 200 other countries let's just say, there is no lack of idiots, whatever locale you have in mind
[15:42] {Les} hey I'm still here
[15:44] {Les} finally got that fricker tna .04 to .30
01[15:44] {Threei}  wtg
[15:44] {Les} niuce short squeeze to give it some mom
[15:44] {Les} mom o
01[15:44] {Threei}  probably time to start paying attention to BBRY again
01[15:44] {Threei}  when is the US launch? Match 22 or so?
01[15:45] {Threei}  march
01[15:46] {Threei}  yes
01[15:46] {Threei}  BlackBerry Confirms AT&T To Launch BlackBerry Z10 March 22 For $199.99, Pre-Sales Begin March 12- Reminder: On BBRY reports indicated the model release date for AT&T was March 22 - Note: Reports on 3/1 were that Sprint had opted against offering the Blackberry Z10 touch screen handset; will wait to sell the Q10
01[15:47] {Threei}  unless it offers sensational resul;tsa, I'd think it will be a great short opportunity
01[15:47] {Threei}  no more surprizes, quiet fizzle out
01[15:48] {Threei}  only break ober 18.30 will change my perception
[15:51] {jdetente} freakin CAT
[15:51] {Les} s fdx .89
[15:51] {Les} stop 99
[15:53] {cipher} wow TNA
[15:53] {cipher} nice whipsaw
01[15:56] {Threei}  BBRY nice drop
01[15:56] {Threei}  gotta keep and eye on it from tomorrow
[15:56] {Les} vwap here
01[15:56] {Threei}  OK guys, thank you all
01[15:56] {Threei}  have a good evening, see you tomorrow
[15:56] {Will49} TTFN
[15:56] {jdetente} gn all
[15:56] {Les} cheers
[15:57] {cipher} gn
[15:57] {Les} cover .93 fdx




Tuesday, March 19, 2013

March 19 2013

Decent day, not without stops but with quite a few 1:2 and 1:3ers. One even deserved a screenshot:



Session Time: Tue Mar 19 00:00:00 2013

[09:01] {patel} Good Morning
01[09:04] {Threei}  patel :)
[09:05] {patel} Vad, I had a bad day after close yesterday.
[09:05] {nemo} did you trade in the aftermarket?
01[09:05] {Threei}  aftre close??
[09:05] {patel} Talk about Hail. It hailed for about 30 minutes nonstop.
[09:06] {patel} baseball size hail torched my car.
[09:06] {nemo} Well, if you were Les, you probably would have ben out standing in it
[09:08] {dino} gm. nemo, sending snow your way, just work up to 8" of snow
[09:08] {nemo} we have sleet
01[09:08] {Threei}  dino :)
01[09:09] {Threei}  hard tp believe there is snow somewhere...
[09:13] {patel} I think SPY will break 155.60 today and will be tight range bound sideways.
01[09:14] {Threei}  you do know that in two hours Cyprus will vote on deposits tax?
[09:14] {jdetente} good morning all
01[09:14] {Threei}  jd :)
[09:14] {nemo} yeah
[09:19] {Will49} gm
[09:19] {dino} tax/theft being rejected, looks like.
01[09:19] {Threei}  will :)
01[09:19] {Threei}  yes... which will make EU decided bail them out or not
[09:20] {Les} afternoon
[09:20] {dino} lol, lulu womens yoga pants too sheer/revealing
01[09:20] {Threei}  of they say yes, their attempt to impose strict terms will have failed
01[09:21] {Threei}  les :)
01[09:21] {Threei}  if they say no, russian offer is the only option on the table for Cyprus
01[09:21] {Threei}  idiots overplayed their hand and put themselves in dead end
[09:23] {ese} morning
01[09:23] {Threei}  ese :)
[09:23] {ese} morning vad
01[09:24] {Threei}  will, ese... recognize this?
01[09:24] {Threei}  http://goo.gl/kCtcV
[09:24] {Les} yeh not a card shark, but I recognise a dumb move when I see one in Cyprus. Troika doesn't know how to play poker
[09:25] {cipher} gm
[09:25] {dptl} gm
[09:25] {backman} gm
01[09:25] {Threei}  cipher, dp, backman :)
[09:27] {Will49} beeeeerrr
[09:28] {Will49} now i'm distracted before market even opens
[09:28] {thomcbell} BHP Weak
[09:28] {thomcbell} fcx?
01[09:29] {Threei}  ?
[09:29] {thomcbell} may look for an opening setup short
[09:31] {Les} GDX sitting smack on 10 day moving average
[09:31] {nemo} probably see if it can test yesterday's resistance than 156
[09:31] {ese} nice picture of OOB Hotel vad....
[09:33] {cipher} CRZO L .76
01[09:34] {Threei} Long Setup:  WFC  .93 break
01[09:34] {Threei}  If holds  .85
[09:34] {cipher} LAMR L .99
[09:37] {cipher} shoo l .22
[09:38] {cipher} out shoo .15 -.07
01[09:38] {Threei} Short Setup: LVS  .40 break
01[09:39] {Threei}  eeck
[09:39] {nemo} did the market open
[09:39] {cipher} stx l.66
[09:39] {Les} cipher setup
[09:39] {Les} .27 pivot lvs
[09:39] {Les} .22 sorry
[09:39] {patel} anyone get that LVS
01[09:39] {Threei}  if you took .38 LVS instead of typing that question, you'd be taking profit now, nemo
[09:40] {cipher} out stx .75
[09:41] {Will49} no lvs here
[09:42] {Les} early signs of bankster vwap rejection watching for throwback maybe c .50 short?
[09:42] {nemo} lulu looks heavy
[09:42] {cipher} SHOO L .14
01[09:43] {Threei} Long Setup:  JPM  .75 break
01[09:44] {Threei}  If holds  .70
[09:44] {nemo} if you took lulu, look for bounce here with re-short at 63
[09:47] {nemo} nope
01[09:48] {Threei}  1:1
01[09:49] {Threei}  1:2
[09:49] {thomcbell} nice combo on the lvs - between vad entry and pivot shout out guys
[09:50] {cipher} apei l .50
01[09:50] {Threei}  you took long tbell?
[09:51] {Will49} tks Vad 1"2
[09:51] {cipher} out LAMR .45 +.46
01[09:51] {Threei}  yw
[09:51] {Will49} 1:2
[09:51] {Les} forgot about it tbellnice one
[09:51] {jdetente} thanks Vad
[09:52] {patel} thanks VAD
01[09:52] {Threei}  :)
[09:52] {thomcbell} ebay has really become a volatile stock
[09:52] {dino} lulu sm l .80
[09:52] {backman} vlo?
[09:53] {cipher} out apei -.11
[09:53] {cipher} lulu +.12 thx dino
[09:53] {dino} yeah tbell
[09:54] {dino} upgrade today on it
[09:56] {dino} lol
[09:56] {nemo} market showing heaviness
[09:56] {patel} reshi reshi reshi....I have to condemn you on your work ethic in getting the chatroom but you will need other methods to get in the room. The method you are using are surely not working.
[09:58] {cipher} ROSE L .81
01[09:58] {Threei}  "if you see a closed door, try to open it with your forehead. If it doesn't work on first 100 attempts, proceed till 200."
[09:59] {dino} out lulu .20, +.40
[09:59] {patel} haha
[09:59] {patel} hopefully he reads the chatroom logs and gets the idea.
[09:59] {Will49} wtg dino
01[10:00] {Threei}  he doesn't read his own e-mails
[10:00] {cipher} out CRZO .75 +.19
[10:00] {dino} ty will
[10:00] {dino} gj ciph
01[10:00] {Threei} Short Setup: C  .80 break
01[10:01] {Threei}  If holds  .85
[10:01] {cipher} out rose .98 +.17
[10:01] {cipher} apei l.40
[10:03] {cipher} CSTR L .03
01[10:05] {Threei}  (US) US Supreme Court ruling supports "gray market" for discounters
[10:05] {Les} ?
01[10:05] {Threei}  ummm... hoorray, I think?
[10:08] {dino} lulu new lod
[10:09] {cipher} out APEI .45 +.05
[10:10] {dino} out asps from yesterday, 78.09, +1.72
[10:11] {Will49} wow
[10:11] {Les} GS swan dive
01[10:11] {Threei}  wtg dino
[10:11] {cipher} lulu +.24 thx dino
[10:12] {dino} ty
[10:12] {dino} np cipher
[10:12] {cipher} out SHOO .50 +.36
01[10:13] {Threei}  no go C
[10:14] {Will49} reshi must have a algo set for your room entry
01[10:15] {Threei}  well, I have an algo set to kick him out
[10:15] {Will49} :)
[10:15] {nemo} give me his email, I'll give him the "hey douchebag!" email
01[10:16] {Threei} Long Setup:  LVS  .25 break
[10:17] {nemo} frickin' eagle cams freeze up
01[10:17] {Threei}  I guess downside of using fake e-mail for repeat trial is that you don't read e-mails :)
01[10:17] {Threei}  Invalidated
[10:19] {Les} faded lvs short .16 cover half .06 holding a piece for break of whole
[10:20] {nemo} wow wag
[10:22] {Les} cover last piece -.03
[10:23] {Les} short JPM .76 stop above .85
[10:24] {Les} JPM relatively weaker than c
[10:24] {nemo} boy is Summer gonna' be dead...dead...dead...rotting...dessicated
[10:24] {Les} speaking of C
[10:24] {Les} was a rinse
[10:25] {dino} 07 red
01[10:25] {Threei}  hmmm
01[10:25] {Threei}  no news
01[10:25] {Threei}  oh nemolk, stop with predictions
[10:26] {Les} cover half .70 +.06
[10:26] {cipher} ROSE L .95
[10:26] {dino} wag sm s .48
[10:27] {Les} 3 min bb's being pierced here could be snap back
01[10:28] {Threei}  careful with bounces
[10:28] {Les} yeh
[10:28] {dino} lulu sm l .65
01[10:28] {Threei}  this is not a technical selling
01[10:29] {Threei}  oh come on
01[10:30] {Threei}  (talking to reshi)
[10:31] {dino} cov wag .24, +.24
[10:32] {Les} let him in, take him aside and give him 4x2
[10:32] {nemo} 2X4
[10:32] {Les} 4b2 in Oz speak
[10:32] {dino} nemo, ty wag
[10:32] {nemo} figures it's backwards
[10:33] {Les} harmony
[10:33] {nemo} look for bounce by 44.80ish probably 45 a test
[10:35] {Les} cover q jpm .61
[10:35] {nemo} fas iwm and spy coming into daily pivots
[10:35] {thomcbell} prints on rose there cipher
[10:35] {thomcbell} i bought small
[10:36] {thomcbell} 45.57
[10:36] {cipher} IC
[10:39] {nemo} wag bounce territory
[10:40] {cipher} ROSE L.46
[10:40] {nemo} all the eagle cams lock up on me
01[10:41] {Threei}  stop trying to introduce yourself as reshi
[10:42] {dino} lol
01[10:42] {Threei} Long Setup:  WFC  .75 break
01[10:43] {Threei}  nah, disregard this one
01[10:43] {Threei} Long Setup:  JPM  .65 break
01[10:43] {Threei}  If holds  .60
[10:44] {nemo} wag 45 battle
[10:44] {cipher} out CSTR .59 +.56
01[10:44] {Threei}  change JPM to .60 break
01[10:45] {Threei}  If holds  .55
01[10:45] {Threei}  watch GS as leading indicator
[10:45] {Les} want .51 to cover last piece first :)
[10:47] {patel} nice job Les
[10:47] {cipher} ZUMZ L .20
[10:47] {dino} 07 red
[10:47] {nemo} cypress stories about leaving the Euro
[10:48] {nemo} Europe is DEAD I tell you!
[10:48] {Les} welcome to my nightmare
[10:48] {nemo} jeez Les, do you have to serve up such fat pitches right down the middle of the plate
[10:48] {ese} lots of greedy sob's over there
[10:49] {nemo} don't worry, just take it from the rich
01[10:49] {Threei}  nightmare?
01[10:49] {Threei}  the sooner this ugly contraption galls apart the better
01[10:49] {Threei}  falls
[10:49] {nemo} I get a kick out of it.  Europe has significantly higher taxes as well as huge VAT taxes and gas taxes and they're still going broke, and we think that will work
[10:50] {Les} all covered jpm .44 +.32
[10:50] {nemo} wag looks long here
[10:50] {ese} sea of red in front of me here
[10:50] {nemo} nice tight stop
[10:50] {dino} same cipher, scanners scrolling red
[10:52] {Les} JPM daily pivot is .39 might be a db setup if banksters strengthen
[10:53] {Les} fAS holdign at pivot uspport
[10:53] {Les} .43
[10:54] {Les} GS long lost that support
[10:54] {nemo} WAG hit 1:1
[10:54] {Les} watching for potential TN A long at the .00
[10:54] {ese} Ldvn .59
01[10:55] {Threei}  7% Think Balanced Budget Very Likely In Next 10 Years
[10:56] {Will49} there's confidence for you!
[10:56] {dino} thts as many that are betting i get a hole in one this week
01[10:56] {Threei}  lol
[10:56] {nemo} thought you were married dino?
[10:57] {dino} i am
[10:58] {ese} and shes a lucky women
01[10:58] {Threei}  interestingly enough, no news through this whole selling period
[10:58] {dino} :)
[10:58] {nemo} yeah, but does she think so
[10:58] {ese} profit taking for next leg of rally
[10:58] {dino} is it vote time in cypress?
01[10:58] {Threei}  almost
01[10:59] {Threei}  ese, you are not paying much attention, do you
01[10:59] {Threei}  what profit taking, it's all about Cyprus
[10:59] {nemo} wag long setup again
[10:59] {nemo} iwm spy and fas long setups too
[11:00] {ese} ya but that just happened to come along right in the middle of a 10 period run
[11:00] {ese} it was bound to retrace
[11:00] {ese} regardless of cypress
[11:00] {nemo} I wish the human race would retrace
[11:00] {dino} db taking a hit
[11:01] {ese} we have.....
[11:01] {ese} we are getting stupider by the day
01[11:01] {Threei}  JPM
[11:01] {nemo} If Les died the world average would go up 10 points
01[11:01] {Threei}  let's try for double bottom
[11:01] {Les} took TNA .91 stop -.15 ain't ready
[11:01] {ese} I expect the words common sense to be struck from the dictionary any day now
[11:02] {Les} yeh nemo, in age
[11:02] {Les} you old fart
01[11:02] {Threei} Long Setup:  JPM  .45 break
[11:02] {nemo} I was talking world IQ
01[11:02] {Threei}  If holds  .35
[11:02] {Les} hehehe DUH
01[11:03] {Threei}  watch GS
01[11:03] {Threei}  this one will lead JPM
01[11:03] {Threei}  if it loses .90 and drops, JPM will invalidate
01[11:04] {Threei}  if breaks 151 and runs, should trigger
[11:04] {Les} pivot suport here for GS
[11:04] {Les} .82
[11:04] {nemo} setu[s are good this frickin Cypriot shit though
[11:04] {Les} yeh "do u feel lucky punk..."
[11:05] {nemo} WAG nice setup
[11:05] {nemo} there goes wag  looking for .25 area
[11:05] {ese} in 44 aggressive
01[11:05] {Threei}  well, anything can happen anytime, that's what stops are for
[11:05] {ese} jpm
[11:06] {Les} yeh
01[11:06] {Threei}  and that's why we are more careful today than usual
01[11:07] {Threei}  Cyprus cituation is too confusing for everyone right now
[11:07] {nemo} cyprus is defining rich as having more than $26k in the bank
[11:07] {ese} give it up ya money making sloth ya
01[11:08] {Threei}  if they reject the tax, what's next, EU softening stance on bailout? Or stay firm and let Cyprus fall in hands of Russia?
[11:08] {dino} eu softens
01[11:08] {Threei}  I believe so
01[11:08] {Threei}  but they won't do it at once, they need to save face
[11:08] {dino} they are afraid if one drops, then greece, spain, ireland, etc
01[11:08] {Threei}  so we will mopst likely see a few days of uncertainty
[11:09] {nemo} Cypress is a retirement home for oligarchs anyway
01[11:09] {Threei}  and during this time market is likely to make a bet on EU retreating, thus rally back to highs
[11:10] {dino} i think you have fed on wednesday
[11:10] {ese} jpm gonna take off me thinks
[11:10] {nemo} be interesting if bunny shows up while the eagles are vocal
[11:11] {ese} nice
01[11:11] {Threei}  yes, 2 pm
01[11:11] {Threei}  followed by Ben's press-conference at 2:30
[11:12] {nemo} spy and finnies green
[11:12] {ese} do it jp
[11:12] {ese} ya know ya want to
01[11:12] {Threei}  (CY) Germany Fin Min reportedly tells German MPs that Cyprus situation is very serious, no idea when or if parliament will vote on bailout - press- Believes that without a bailout program, liquidity in Cyprus financial sector will be at risk and banks won't be able to open
[11:12] {ese} vad 2X4 please
01[11:12] {Threei}  2x4 is for shorts ese
[11:13] {patel} what about a concrete block?
[11:13] {ese} hmmm what for ongs
[11:13] {dino} boot
01[11:13] {Threei}  heavy duty army boots kick in the rear
[11:13] {ese} nice
[11:14] {thomcbell} rose bounce off 200 sma
[11:14] {nemo} kors looks long here
[11:14] {ese} that should do it
01[11:14] {Threei}  (EU) ECB's Mersch: Financial integration remains on the agenda for the EMU; integration is important for transmission of monetary policy- Stronger financial integration will help the economy
01[11:14] {Threei}  really Mersch?
01[11:15] {Threei}  I for one beg to differ
01[11:15] {Threei}  and I am sure whole island of Cyprus
01[11:15] {Threei}  and Greece
01[11:15] {Threei}  and Italy
[11:16] {ese} shoulda taken that .05 when i had it
[11:16] {dino} they were fools giving up currency control
[11:16] {patel} exactly 50 minutes from last entry
[11:17] {ese} ya doof ...get lost can't ya see i'm concentrating
01[11:17] {Threei}  lol
[11:17] {ese} not you patel..........the reshi looser
[11:17] {patel} haha ese
01[11:17] {Threei}  think he has a script probing every 50 min?
01[11:17] {Threei}  nopem it was 15 min before that
[11:18] {jdetente} definitely a script he's running
[11:18] {ese} L some more jpm
[11:18] {ese} .44
01[11:18] {Threei}  I didn't expect JPM to be this meek... normaly it has more fire under its behind
[11:19] {Les} indexes almost at vwap while banksters lag
01[11:19] {Threei}  especially considering GS run
[11:19] {dino} 07 green
[11:19] {ese} ya true
[11:20] {ese} still think it'll do ok
01[11:20] {Threei}  another break GS
01[11:20] {Threei}  come on JPM, look at big brother
06[11:20] * Threei kicks JPM in the rear with heavy duty steel toe army boots
[11:21] {patel} dino what does 07 mean?
[11:21] {ese} thank you
[11:21] {Les} jpm salmon
[11:21] {ese} indeed
[11:21] {dino} out lulu .15, +.50, toughie
01[11:22] {Threei}  out of three possible followers to GS (C, WFC and JPM), this one looked the most promising
[11:22] {ese} dino looks a indicators from 2007 at same time and if they were green then there green now and he goes long
01[11:22] {Threei}  so far, doesn't justify our trust
[11:23] {ese} just kidding Patel
[11:23] {Will49} means James Bond gives market thumbs up
[11:23] {dino} ese, ese, ese.....what am i to say to that?
[11:23] {patel} haha
[11:23] {patel} I was like thats bs
[11:23] {ese} rotflol
01[11:23] {Threei}  it is patel... in truth, those indicators are ftom 1997
[11:23] {ese} hmmmmmmm didn't think that i could fool ya
[11:24] {dino} patel, its my primary scanner, 25 stocks constantly scrolling
01[11:24] {Threei}  let's scratch JPM
01[11:24] {Threei}  no energy whatsoever
[11:24] {dino} ya think
01[11:25] {Threei}  I don't... but thanks for flattering assumption
[11:25] {ese} gonna give it one more shot
[11:25] {dino} ;)
[11:25] {ese} opps maybe not
[11:27] {ese} stopped jpm
[11:27] {ese} i needed some excitement though
[11:27] {dino} nsm drop
[11:28] {ese} am making it up with DVN  though
01[11:28] {Threei} Long Setup:  CAT  .45 break hl
01[11:28] {Threei}  If holds  .35
01[11:29] {Threei}  aggressive for .50
01[11:31] {Threei}  what the deuce
01[11:31] {Threei}  ah
01[11:31] {Threei}  news
01[11:31] {Threei}  Cyprus Fin Min Resigns
[11:31] {dino} ]'c'mon stewey
01[11:31] {Threei}  shrug
[11:31] {Les} took the easy way out hey
[11:32] {dino} most likely received a threat les
[11:32] {Will49} some Russian guiy showed him his gun
01[11:32] {Threei}  why stick with bunch of losers and idiots... wait, he is one of them
01[11:34] {Threei}  you think lulu pants are sold in russia, will?
[11:35] {Will49} LOL
[11:35] {Les} like I said the easy way out
01[11:36] {Threei}  hold that line CAT
[11:36] {ese} lets face it .......you know that Finance minister has been skimming off the top somewhere
01[11:36] {Threei}  you can do it
[11:37] {jdetente} http://www.youtube.com/watch?v=ZcVEOc7ZYgk
01[11:37] {Threei}  well ya... but when Ivan the Enforcer and Yuri the Kneecapshooter apprear at your door in lulu pants...
[11:38] {dino} cat stop -.10
01[11:38] {Threei}  ugh... no go CAT
[11:38] {jdetente} ah dang I thought Toto would help CAT
[11:38] {ese} great tune JD
[11:44] {ese} L akam .59
[11:45] {ese} that was an excellent band.......very musical.....more than mose
[11:45] {ese} most
[11:46] {jdetente} yeah they were pretty good...kinda cheesy but all good musicians
[11:46] {dino} wac getting whacked
01[11:48] {Threei} Short Setup: LVS  .15 break
[11:48] {Les} s JPM .29
01[11:48] {Threei}  If holds  .25
[11:49] {Les} cover half .21
01[11:49] {Threei}  (CY) Parliament vote on Cyprus bank levy said to still be expected to transpire today, with the ruling party exploring a possible abstention from vote - financial press- Parliament set to vote down the current proposals - Note: There have been conflicting reports throughout the day on whether or not this vote would go ahead
[11:51] {Les} damn covered twice by accident so nothing left in JPM
01[11:51] {Threei}  Euro vs US Dollar Sets fresh session lows below 1.2900
01[11:51] {Threei}  wtf
01[11:51] {Threei}  ever since opening wins, I pick exactly wrong stocks
[11:51] {Les} indexes went to vwap and reversed
[11:51] {ese} don't really follow forex that much........what does this one mean vad
[11:51] {Les} bankster were biiig market laggers
01[11:52] {Threei}  SPY mostly follows Euro these days
[11:52] {ese} ahhhhhhhhh
[11:52] {ese} ok
01[11:52] {Threei}  and Euro is a walking corpse
01[11:52] {Threei}  zombie
01[11:52] {Threei}  die LVS
[11:53] {Will49} die reshi
01[11:53] {Threei}  rofl
[11:53] {jdetente} lol\
[11:53] {thomcbell} gld and miners moving
01[11:53] {Threei}  man, this is one persistent door knocker
[11:53] {jdetente} CAT dying
01[11:54] {Threei}  everything is but no, I had to pick LVS
01[11:54] {Threei}  some days you are just not feeling it...
01[11:54] {Threei}  I'd suggest you shoot me but I am sure nemo will glaldy oblige
01[11:55] {Threei}  - It has become clear that Cyprus's Parliament will most likely reject the terms of the �10B bailout package, forcing Cyprus to return to the negotiating table. However the island nation may be damned if it accepts the package and damned if it rejects it: Cyprus Central Bank Gov Demetriades said that if the deposit levy measure passes, the banking sector could see outflows of at least 10% in a few days, while if it doesn't Cyprus could be forced to leave the eurozone.
[11:56] {jdetente} LVS is dying a slow death
01[11:56] {Threei}  1:1
[11:56] {jdetente} there it is
01[11:56] {Threei}  yes but we like fast one
01[11:56] {Threei}  and desirably painful
01[11:56] {Threei}  uhhh... I might have overcommunicated with nemo...
01[11:57] {Threei}  1:2
01[11:57] {Threei}  finally
[11:57] {Will49} out tks vad
01[11:57] {Threei}  yw
[11:57] {nemo} ?
[11:57] {jdetente} nice out LVS
[11:58] {jdetente} thanks Vad
01[11:58] {Threei}  1:3, out
01[11:58] {Threei}  whew
01[11:59] {Threei}  someone copy this play and send it to reshi
[11:59] {jdetente} lol!
[11:59] {patel} give me his email
01[12:00] {Threei}  with comment: this one would have paid for month in the room
[12:00] {patel} and his mailing address
01[12:00] {Threei}  hehe
[12:00] {patel} i will email it and mail a copy
[12:00] {Will49} no no no, that'll encourage him
[12:00] {patel} alphaguru aka reshi
01[12:00] {Threei}  oh good, he changed the nick
01[12:00] {Threei}  man... some people
[12:00] {patel} he is the guru of the alphabet
[12:00] {ese} hmmmmm crap. stopped dvn ..10 -.49.
[12:00] {ese} sm shs but still......not a good day
01[12:01] {Threei}  (CY) Reminder: Cyprus parliament expected to convene in the next few hours to debate the bank deposit levy and bailout program- Reports have said a vote could occur today to reject the original deposit levy plan. The situation is very fluid and its currently not clear if another vote might occur tomorrow after more meetings amongst Cypriot MPs. Cyprus President Anastasiades made it clear that Parliament would reject the original deposit levy plan that taxed all accounts at a minimum of 6.75% and up to 9.9%. Reports yesterday said Cyprus could revise those levies to exempt smaller accounts of up to �20K (or possible all the way up to �100K), which would require higher levies on larger accounts. Other ideas that have been floated include raising up to �400M from senior debt holders of failed banks, and making the bank levies more punitive on foreign depositors. Another notion was circulated was for Cyprus to trade development rights for its offshore gas fields in exchange for Russia giving Cyprus additional support. - Banks will be closed at least through Wednesday to prevent a run on banks ahead of the bailout vote being taken. - The Eurogroup made it clear yesteday and today that Cyprus has flexibility in setting the parameters of the "bail in" but that it must raise �5.8B no matter how it is framed. - Ahead of the Cypriot parliament debate, markets are generally in risk off mode on speculation about the fallout of a failed vote in Cyprus, which might include anything up to a default or a Euro Zone exit.
01[12:02] {Threei}  see, thnis is how they corner themselves:
01[12:02] {Threei}  The Eurogroup made it clear yesteday and today that Cyprus has flexibility in setting the parameters of the "bail in" but that it must raise �5.8B no matter how it is framed.
01[12:03] {Threei}  imbeciles
[12:03] {Les} it's clear domestic politics now trumps EU politics
01[12:04] {Threei}  that's what centripetal forces means
01[12:05] {Threei}  and that's the major conflict that lies in the foundation of EU predetermined demise
[12:07] {Les} sm gpor long .73
[12:10] {dino} csl drop
[12:11] {Les} stop .64
01[12:11] {Threei}  cisual http://goo.gl/BiCfk
01[12:11] {Threei}  visual too
[12:14] {thomcbell} rose - lol
[12:14] {thomcbell} shinook
03[12:14] * Retrieving #discussions modes...
01[12:15] {Threei}  hmm?
[12:15] {thomcbell} right back up to vwap
06[12:16] * Threei slaps cc_8 around a bit with a alarm clock
[12:16] {thomcbell} i gotta go - guys trade well
01[12:16] {Threei}  take care tbell
[12:16] {Les} ciao t
01[12:17] {Threei}  you guys might think it's insane but
01[12:17] {Threei} Short Setup: LVS  .80 break
[12:17] {Les} nah was looking at the same thing
01[12:17] {Threei}  If holds  .90
01[12:17] {Threei}  ok, then it is for sure insane
[12:18] {Les} agreed
[12:20] {dino} lulu sm l .26
01[12:20] {Threei}  Invalidated
[12:21] {Les} CAT long .82 sm bottomfishing
[12:22] {dino} wac sm l .50 break
[12:25] {Les} managed to get 35 shares off at .92 lol
[12:26] {jdetente} here it goes
01[12:27] {Threei}  35 shares? don't spend all your winnings at once
[12:27] {Les} :)
[12:27] {jdetente} lunch buffet
01[12:27] {Threei}  you may cause hyperinflation singlehandedly
[12:28] {Les} another 65 at .99 yay
[12:28] {Les} tna 86.25 ain't looking so expensive anymore...
[12:30] {Les} all out +.11
01[12:30] {Threei}  (CY) Cyprus ruling party said to have requested postponement of vote on bailout package -
[12:30] {Les} these guys sound like greeks
01[12:30] {Threei}  exactly same MO
[12:32] {Les} possibility for DB's in indexes coming
[12:32] {Les} db's in 3 min, which is what I seek
[12:40] {Les} damn CAT kept going
[12:40] {Les} maybe a short a t 88 if market reverses again
[12:48] {nemo} had short signal 2 min ago
[12:50] {Les} yeh 1 min was good but 3 min still strong. let eating dogs lie its lunchtime
[12:51] {nemo} let sleeping dogs lie
[12:51] {Les} paraphrased to account for lunch Nemo
[12:51] {Les} jeeeez
[12:51] {nemo} did you take a short bus to school Les?
[12:51] {Will49} haha...short bus
[12:51] {Les} special bus?
[12:57] {nemo} watch lulu for a reshort in the .70 area
01[12:57] {Threei}  there must be a joke in there somewhere
01[12:57] {Threei}  considering the reason for LULU weakness
[12:58] {Les} GS back to lows
[12:58] {Will49} i have a weakness for Lulu pants
[12:58] {Will49} on women
01[12:59] {Threei}  thanks for this elabiration
[12:59] {Will49} not so much Russians with guns
01[12:59] {Threei}  i=o
[12:59] {Les} oooh nice will
[12:59] {Les} looking at images
[13:02] {Les} GS at lows FAS might be making higher lower here
[13:04] {Les} CAT back to lows
[13:06] {dino} life
[13:07] {Les} yeh I know I need to get one dino
01[13:07] {Threei} Long Setup:  AIG  .05 break
01[13:07] {Threei}  If holds  .98
[13:09] {Les} CAT break of lows?
01[13:10] {Threei}  .70 break, if SPY drops... sure
01[13:11] {Threei}  LVS old setup is valid too
01[13:19] {Threei}  LVS baby
01[13:19] {Threei}  anyone took?
01[13:20] {Threei}  coming on 1:2
[13:20] {jdetente} yes sir
[13:20] {Les} yeh small
01[13:20] {Threei}  :)
01[13:20] {Threei}  CAT slowly claws its way to 1:1 too
[13:20] {jdetente} 1:2 and out
01[13:20] {Threei}  me too
01[13:20] {Threei}  with LVS today I feel I went to this well enough times
[13:20] {dino} dropping
[13:20] {Will49} Tks vad...getting better
[13:21] {Will49} with LVS
01[13:21] {Threei}  this is third short on it
01[13:21] {Threei}  first broke down too fast right at the open, we missed it
01[13:22] {Threei}  two others worked
01[13:22] {Threei}  with JPM long for 1:2 earlier, quite nice
[13:24] {jdetente} LVS at 1:3
[13:25] {Les} crap managed to go long LVS .60  that was a cockup
[13:25] {jdetente} over covered?
[13:25] {Les} yeh don't like fusion as much as laser
[13:27] {Les} all covered on CAT and off to Aikido c u's tomorrow
01[13:27] {Threei}  CAT bounced 2 cents of 1:2
01[13:27] {Threei}  take care Les
[13:27] {dino} cya
[13:33] {jdetente} Vad I've got a beer for you to try. A really tasty Russian Imperial Stout
[13:33] {jdetente} http://www.northcoastbrewing.com/beer-rasputin.htm
01[13:36] {Threei}  haven't seen it in out stores... will keep an eye out, thanks
01[13:37] {Threei}  dexcriptuion sounds like the kind I'd like
01[13:37] {Threei}  description too
[13:37] {nemo} 153.38 is weekly S3 on the spy
[13:38] {jdetente} pretty high alcohol and a rich taste. It's a good one for the cold months.
01[13:43] {Threei}  I don't want to be seen as difficult or disagreeable jd, but I must ask: what's wrong with all that during hot months?
01[13:44] {Threei}  (CY) Cyprus Fin Min denies earlier reports that he had submitted his resignation
01[13:44] {Threei}  OK, I guess russian mob phoned and said "what resignation, you little prick? You go back in there and fix it, or we will help you resign from this planet"
[13:44] {jdetente} I can't fight your logic on that one
[13:45] {nemo} No...help his family resign from the planet
01[13:45] {Threei}  really? I thought my statement that "I don't want to be seen as difficult or disagreeable" will send you on the floor in stitches
01[13:45] {Threei}  I am sure nemo fainted when read that
01[13:46] {Threei}  crap did we cover LVS too soon or what
[13:46] {jdetente} oh man
[13:46] {jdetente} that really tanked
[13:56] {dino} wac drops again
01[13:56] {Threei}  btw will... you realize room becomes 12% cheaper for you next month? :)
[13:56] {dino} for me?
01[13:56] {Threei}  will
[13:57] {Will49} ?
01[13:57] {Threei}  our province axes HST
[13:57] {Will49} oh yeah
01[13:57] {Threei}  under GST/OST combo educational courses are not taxed
[13:58] {Will49} the next change is to NDP governement
01[13:58] {Threei}  nor membership in clubs, investment groups etc, so however they qualify us, we are tax-free
01[13:58] {Threei}  well, that one I appreciate less
[13:58] {Will49} agree
01[13:58] {Threei}  but it's inevitable
01[13:59] {Threei}  then again, ese will be probably happy... so let's enjoy it vicariously through him {G}
[13:59] {Will49} oops
[14:01] {dino} out lulu .76, +.50
01[14:01] {Threei}  wtg
01[14:01] {Threei} Long Setup:  CAT  .76 break hl
01[14:01] {Threei}  .75
01[14:02] {Threei}  If holds  .65
[14:04] {dptl} done for today...see ya tomorrow all
01[14:04] {Threei}  take care dp
[14:04] {Will49} be good dp
[14:04] {dino} cya dp
[14:04] {dino} elli sm l .25
01[14:07] {Threei}  1:1
01[14:08] {Threei}  1:2
01[14:08] {Threei}  The continent of Europe is so wide,
01[14:08] {Threei}  Mein Herr.
01[14:08] {Threei}  1:3, out
[14:08] {jdetente} out
[14:08] {jdetente} thanks Vad
01[14:08] {Threei}  Inch by inch...
01[14:08] {Threei}  Step by step...
01[14:08] {Threei}  Mile by mile...
01[14:08] {Threei}  Trade by trade
[14:09] {dino} asps sm l .85
01[14:09] {Threei}  who knew Liza Minelli was a trader, and foresaw European crisis
[14:09] {dptl} lol
[14:09] {jdetente} now that had me rolling
[14:09] {Will49} :)
01[14:11] {Threei}  dp, you left I thought
[14:11] {patel} nice call on CAT
01[14:11] {Threei}  I have my moments...
[14:11] {dptl} i am..just counting something here
01[14:11] {Threei}  with age they are fewer anf farther between though
01[14:11] {Threei}  counting something?
01[14:12] {Threei}  money I guess?
[14:12] {dptl} well..what else at this time..lol
01[14:13] {Threei}  and btw, speaking of Liza and EU,
01[14:13] {Threei}  isn't it a song of Cyprus, Greece etc:
01[14:13] {Threei}  Bye-Bye, Mein Lieber Herr.
01[14:13] {Threei}  Farewell, mein Lieber Herr.
01[14:13] {Threei}  It was a fine affair,
01[14:13] {Threei}  But now it's over.
01[14:13] {Threei}  And though I used to care,
01[14:13] {Threei}  I need the open air.
01[14:13] {Threei}  You're better off without me,
01[14:13] {Threei}  Mein Herr.
[14:15] {Will49} when Vad sings ese bails out
01[14:15] {Threei}  me? no
01[14:15] {Threei}  me only listens
01[14:15] {Threei}  good thing Les left though... he obviosuly doesn't like Liza
01[14:18] {Threei}  LOL:
01[14:18] {Threei}  How do I approach my neighbor and tell him that his WI-FI isn't working?
01[14:18] {Threei}  OK
[14:18] {Will49} LOL
01[14:18] {Threei}  Cyprus bill is rejected
01[14:19] {Threei}  as expected
[14:19] {Will49} ask your neighbour for his new password
[14:19] {Will49} :)
[14:19] {patel} damn and I thought Reshi was cheap.
[14:20] {dino} lol
01[14:20] {Threei}  lol
01[14:20] {Threei}  that's a good one patel
[14:21] {patel} haha
01[14:23] {Threei}  the best though was an e-mail from some guy in russia, set new record I think:
01[14:24] {Threei}  "I managed to download Techniques of Tape Reading, and I have some questions... here they are: etc"
[14:24] {Will49} the gall
01[14:24] {Threei}  in russian btw
[14:25] {jdetente} wow haha
[14:25] {jdetente} no shame
01[14:25] {Threei}  mentality is different over there... it's so normal to download pirated content that he didn't even realize how ridiculous it sounds
01[14:26] {Threei}  "I stole your book, now can you help me understand it?"
[14:26] {Will49} and you said....?
[14:26] {patel} atleawst he could have said
01[14:27] {Threei}  "Not even for the price of the book. Personal mentoring runs at the rate of $100/hour"
[14:27] {patel} I bought your book of Ebay.
[14:27] {patel} thanks for the download idea. I didnt know u were that famous.
[14:27] {patel} hahah
[14:27] {patel} jk
01[14:28] {Threei}  TTR was stolen and put on torrents in two weeks after McGraw Hill published it in ebook form
[14:29] {Will49} it was reshi that did it
01[14:29] {Threei}  lol
[14:30] {jdetente} reshi works in mysterious ways
[14:30] {patel} speaking of which
01[14:30] {Threei}  a week or two morte of this, and we will conclude he also ruined Carphagen, killed Kennedy and stole Faberge eggs
[14:30] {patel} I need to torrent Mirc...
01[14:31] {Threei}  why?
01[14:31] {Threei}  they don't insist on paying, it remains functional, you just get a nag
[14:31] {patel} oh okay
[14:31] {patel} thing says I only have 25 days
[14:31] {patel} reamining
[14:32] {nemo} we can only hope
01[14:32] {Threei}  unless something changed... it's been many years since I got mine
[14:32] {Will49} hahaha nemo
[14:32] {jdetente} lol
[14:33] {jdetente} nemo is just your friendly neighbourhood misanthrope
[14:33] {Will49} misanthrope anyway
[14:33] {nemo} mmmhhhh....I think those terms are mutually exclusive
[14:34] {jdetente} you know the guy that smiles to your face and then poisons your lawn
[14:34] {jdetente} ha
[14:34] {nemo} No, I'll sneer in your face and then shove my boot up your ass
[14:34] {jdetente} let me rephrase...violent misanthrope
[14:35] {nemo} Don't worry, I won't hurt your animals
[14:35] {jdetente} what about my bunny traps?
[14:35] {Will49} misanthrope=guy who won't save you from drowning
[14:35] {nemo} It'll be fun skinning you
[14:35] {nemo} alive
[14:36] {jdetente} http://knoji.com/images/user/rabbit_trap_interior_view%281%29.jpg
[14:45] {ese} awesome.......akam making up for earlier losses
01[15:05] {Threei} Short Setup: JPM  .95 bresak
01[15:06] {Threei}  If holds  .05
[15:08] {patel} Call Reshi neighbor up and tell him to change teh WiFi password.
01[15:09] {Threei}  man... this is incredible, lol
[15:09] {Will49} yeah..
01[15:09] {Threei}  never saw anything like this
01[15:12] {Threei}  (CY) Germany CDU Deputy Chief Meister: Conditions for Cyprus bailout have not been met, rejection of bailout plan was Cypriots own decision- Must review possible measures to help protect the Euro
01[15:12] {Threei}  Bye-Bye, Mein Lieber Herr...
01[15:13] {Threei}  (CY) Cyprus party leaders said to have discussed plan B and C following defeat of bailout program involving levy upon banking deposits - press- Cyprus President schedules talks for tomorrow morning (Wednesday) to handle the bailout
01[15:13] {Threei}  no go JPM
[15:14] {jdetente} good stop out
[15:14] {jdetente} look at it go
[15:14] {dino} rally
[15:14] {patel} market up up and up
01[15:14] {Threei}  new news
01[15:14] {Threei}  yup
01[15:15] {Threei}  ECB caved
01[15:15] {Threei}  15:14(CY) ECB to provide liquidity to Cyprus within existing rules
01[15:22] {Threei}  so, are they really preaperd to fully withdraw their requirement, and provide whole 10-15B?
01[15:23] {Threei}  what a PR disaster
[15:26] {Will49} speaking of disasters
01[15:26] {Threei}  man
01[15:26] {Threei}  lol
[15:26] {nemo} is Les back?
01[15:27] {Threei}  I feel like iceberg of which Titanic crashes repeatedly for some reason... backs off and hits it again
[15:28] {Will49} maybe he'll sink one of these times
01[15:28] {Threei}  iceberg's like "man, go away, will ya..."
[15:28] {dino} lol, tiny cyprus rules the ecb
01[15:29] {Threei}  contagion man, contagion...
01[15:29] {Threei}  altrenative response: see? size doesn't matter!
[15:36] {patel} not according to her
[15:36] {patel} She says size always matter!
01[15:37] {Threei} Long Setup:  AIG  .20 break
01[15:37] {Threei}  If holds  .15
01[15:38] {Threei}  want one last scalp
[15:43] {Les} what r we in?
01[15:44] {Threei}  AIG with .14 stop
01[15:46] {Threei}  move your butt AIG, I want my JPM stop back
06[15:49] * Threei pokes AIG in the ribcage with sharp stick
01[15:51] {Threei}  half out
01[15:51] {Threei}  time's running out, so cutting risk a bit
01[15:51] {Threei}  stop to .19
01[15:52] {Threei}  good boy'
01[15:52] {Threei}  1/4 more out .34
01[15:52] {Threei}  JPM stop is gotten back
01[15:53] {Threei}  5 min to go over .40 AIG
01[15:53] {Threei}  do it
01[15:53] {Threei}  stop .23 btw
[15:56] {nemo} DIA green
01[15:57] {Threei}  2 min
06[15:58] * Threei recharges electrostick and pokes AIG in the ribcage again
01[15:58] {Threei}  1 min
[15:59] {Will49} good finish Vad...tks
01[15:59] {Threei}  OK, out .35
01[15:59] {Threei}  saved by the bell, AIG, lol
01[15:59] {Threei}  look, .39
01[15:59] {Threei}  grrr
01[15:59] {Threei}  .40 right on the bell
01[15:59] {Threei}  OK guys, thank you all
[16:00] {Will49} see ya tomorrow
01[16:00] {Threei}  have a good evening, see you tomorrow
[16:00] {dino} thx all. see you monday or tuesday
01[16:00] {Threei}  have fun dino!
[16:00] {jdetente} g'night all