Thursday, November 8, 2012

Nov 08 2012

Very nice day with a lot of effective trades. One that was dubbed "No support in sight" made Catch of the Day grade.





Session Time: Thu Nov 08 00:00:00 2012
[09:01] {Les} afternoon
01[09:01] {Threei}  hi les
[09:02] {cipher} gm
01[09:02] {Threei}  cipher :)
[09:03] {dino} gm
01[09:03] {Threei}  dino :)
[09:03] {nemo} grunt
01[09:04] {Threei}  it's OK nemo, it'll be over soon
[09:04] {nemo} define soon
[09:04] {Les} enjoying some weather I see
[09:04] {nemo} yeah, if you're a Polar Bear
[09:05] {nemo} with scuba gear
[09:07] {dino} got lucky here nemo, supposed to get 4" of snow, got nothing
[09:08] {Les} http://tinyurl.com/bm4au4s
[09:08] {Les} if it makes you feel any better...
[09:09] {Les} enjoying the lakeside this morning
[09:13] {Les} no? screw you then. freeze yer ass off
[09:14] {nemo} what?
[09:14] {nemo} didn't take your estrogen this morning?
[09:15] {Beau} good morning
[09:15] {Les} didn't take my antideppresent before bumping into you
01[09:16] {Threei}  beau :)
01[09:19] {Threei}  so far, feels to me like selling is about to resume
[09:21] {will49} gm
01[09:21] {Threei}  will :)
[09:21] {nemo} well there smack in the middle of a range to test down at 139 or above at 141
[09:21] {thomcbell} yup with that financial close yesterday - jpm et al might be worth a look for an early reversal
01[09:25] {Threei}  C gap looks excessive to me
[09:25] {nemo} oh boy did I just screw myself
[09:25] {nemo} frickin keyboard
01[09:26] {Threei}  what did you do?
[09:26] {nemo} shorted srpt was just looking at it
01[09:27] {Threei}  doesn't look like much harm
[09:27] {Les} and you lost 1 frikin cent?
[09:27] {nemo} and was actually trying to type in another window
[09:27] {nemo} $1 difference between bid and offer and I'm short, that's $300 bucks
[09:28] {nemo} that
[09:28] {Les} pain is not knowing the inside out of Fusion yet and leaving open orders when you close...
01[09:29] {Threei}  what price did you get?
[09:30] {ese} morning......looks like all hell broke loose yesterday
01[09:30] {Threei}  ese :)
01[09:32] {Threei} Short Setup: FCX  .10 brezk hl
[09:32] {nemo} whoa pulled out a profit
01[09:32] {Threei}  If holds  .20
01[09:33] {Threei}  change to .15 break
01[09:33] {Threei}  If holds  .25
01[09:34] {Threei} Short Setup: C  .30 break
01[09:34] {Threei}  If holds  .40
[09:35] {cipher} srpt l .34
01[09:36] {Threei}  Invalidated  C
[09:36] {nemo} frickin cipher
[09:36] {nemo} guess he's done for the morning
[09:36] {cipher} out .00
01[09:36] {Threei}  lol
[09:37] {cipher} not yet
[09:37] {cipher} but thanks
01[09:37] {Threei} Short Setup: CAT  .80 break hl
01[09:38] {Threei}  no go
[09:38] {nemo} looks like spy will test the .16 level at daily pivot if it moves above loook for 141
[09:39] {ese} L btu .52
01[09:39] {Threei}  not FCX
[09:42] {nemo} .26 is weekly S1
01[09:42] {Threei}  jeez
01[09:43] {Threei}  CAT, that was really disgusting rinse
[09:43] {thomcbell} aapl trades so poorly very nice stuff this am
01[09:44] {Threei} Short Setup: C  .55 break
01[09:44] {Threei}  If holds  .65
01[09:46] {Threei}  trail to .61
[09:47] {ese} stop to .60 btu
01[09:48] {Threei} Short Setup: JPM  .40 break
01[09:48] {Threei}  ugh, late
01[09:50] {Threei} Short Setup: MRO  .05 break
01[09:50] {Threei}  If holds  .10
[09:51] {ese} daaaaa stopped .59 +.07
01[09:52] {Threei}  C half out
01[09:52] {Threei}  stop to .56
01[09:52] {Threei}  1:1
[09:52] {ese} suucraa day blu...........some days you win big some days small
01[09:52] {Threei}  lol
01[09:52] {Threei}  cry me a river
[09:52] {ese} anddddddd...........naturally it takes off
01[09:53] {Threei}  C baby
01[09:53] {Threei}  1:2
01[09:53] {Threei}  out
[09:53] {ese} nice one vad
[09:54] {nemo} MCD
[09:54] {Les} last at .32 ty sir
01[09:54] {Threei}  :)
[09:54] {Les} looks like a db
[09:56] {nemo} esrx at 55 important level
[09:56] {cipher} mcrs l .97
01[09:58] {Threei} Short Setup: /S  wy 27 break
01[09:58] {Threei}  umm
01[09:58] {Threei} Short Setup: WY  27 break
[09:58] {nemo} huh?
01[09:59] {Threei}  If holds  .10
01[09:59] {Threei}  ok MRO
01[09:59] {Threei}  lose 30 and die
01[10:00] {Threei}  I mean cascade
[10:00] {nemo} should be good to .70ish
[10:00] {nemo}  if it does
[10:01] {ese} L btu .79
01[10:01] {Threei}  to 50MA on daily?
[10:01] {nemo} y
01[10:02] {Threei}  a bit too slow for such removed target
[10:02] {nemo} so much action on the daily in this area though
01[10:02] {Threei}  on other hand, C was slow at first too
[10:02] {ese} out ,82
[10:02] {nemo} well, C is so frickin liquid
[10:02] {ese} +.03
01[10:02] {Threei}  then accelerated like enthelope with turpentine up its butt
[10:02] {ese} ouuuuu  saw that dive in the spyders
[10:02] {nemo} antelope?
01[10:03] {Threei}  ?
01[10:03] {Threei}  oh
[10:03] {ese} antelope?
01[10:03] {Threei}  you try to type with fins
[10:03] {Les} enthelope sounds more Dr Suess
[10:04] {Les} you can sell the film rights
[10:04] {ese} anddddddddd!!!!!! it will take off you just watch
01[10:04] {Threei}  no one is dusturbed by the image of anthelope with turpentine... it's mistype that attracts attention
[10:04] {ese} lol
[10:04] {ese} indeed
[10:05] {Les} sound logic
01[10:05] {Threei}  you guys are deeply deeply worrisome
01[10:05] {Threei}  MRO 1:1
[10:05] {ese} lol...........yes.........we are indeed
[10:06] {ese} as a matter of fact.........i represent that remark
[10:06] {will49} everybody crazy except you and i
01[10:06] {Threei}  which one, anthelope with turpentine or mistype?
[10:06] {will49} and i worry about you
[10:07] {ese} L btu .70
01[10:07] {Threei}  let's trail WY to .06
[10:07] {nemo} esrx looks nice short here
01[10:08] {Threei}  which short doesn't?
[10:08] {nemo} rgr
01[10:08] {Threei}  WY 1:1
01[10:08] {Threei}  lol
[10:08] {ese} hl with btu.....this should work this time
01[10:08] {Threei}  even that maybe
[10:09] {ese} I like the way its holdng up against the spyders
01[10:09] {Threei}  after initial hiccup, 3 trades work nicely
[10:10] {Les} http://www.youtube.com/watch?v=zM9zMQ179CM
[10:10] {Les} I want some more...
[10:11] {nemo} hah, kirsten dunst
[10:11] {ese} more of what?
[10:12] {Les} £££££££££££££££££
[10:12] {ese} explain yourself
[10:12] {Les} or $$$$$$$$$ as the case may be
01[10:12] {Threei}  http://www.youtube.com/watch?v=nGJku2nZaYw
[10:13] {nemo} it feels like the trap door is about to open
[10:13] {nemo} which means it will go the other way ;-)
[10:13] {nemo} wow aapl getting sold off
[10:14] {Les} RIG
[10:14] {ese} nobody liking the new 13" macbook pro retina display perhaps
01[10:16] {Threei}  MRO 1:2
[10:18] {Les} RIG death
[10:22] {Les} all covered MRO ty
01[10:22] {Threei}  1:3, over and out
01[10:22] {Threei}  nemo was right
01[10:23] {Threei}  wow, it's painful
[10:23] {Les} damn Nemo's not only good looking...
[10:23] {will49} finally got 1:2 on C. tks vad
01[10:23] {Threei}  :)
[10:23] {will49} make that 1:3
01[10:23] {Threei}  right
01[10:23] {Threei}  though so
[10:23] {nemo} Les, you're married
01[10:24] {Threei}  WY 1:2
[10:24] {Les} and here I thought you were just a new age spiritual bimbo
[10:24] {nemo} aapl got worms
01[10:24] {Threei}  idea of selling resumption was right, were were just a little early in the morning
01[10:24] {Threei}  as soon as that initial spike exhausted itself, it was short at will
[10:25] {Les} way outside 15 min bands all these stocks
[10:25] {Les} but after yesterday, ain't gonna guess the bounce
[10:25] {Les} presume the bounce
[10:27] {nemo} well, my reasoning:  so much activity in this area on the daily going back to September where's the logical bounce spot
[10:27] {nemo} drops the 50, got the open on that daily and then the low from 3 days ago, then the 200
[10:29] {nemo} you, as a cross between neanderthal and cro magnon have genetics working against you
[10:29] {Les} who me?
[10:29] {dino} cnqr hl l .50
[10:29] {nemo} would I speak to anyone else in this room like that?
[10:30] {Les} I dunno. Robbers maybe?
[10:30] {Les} Will?
[10:30] {nemo} you're proving my point
[10:30] {will49} careful
[10:30] {Les} :)
[10:30] {will49} i always speak highly of you Les
[10:30] {Les} apologies Will
[10:31] {nemo} you won't for long
01[10:31] {Threei}  lol
[10:31] {Les} you speak to whom?
[10:31] {nemo} will
[10:31] {will49} anyone who'll listen
[10:31] {thomcbell} fcx looking long here
[10:31] {thomcbell} waiting a bit
01[10:31] {Threei}  wow will... if I limited myself like that, mirror would be my only listener
[10:31] {will49} :)
01[10:32] {Threei} Long Setup:  GLD  .30 break
[10:32] {dino} osk hl l .25
01[10:32] {Threei}  If holds  .20
[10:32] {dino} out osk .74, +.49
[10:33] {Les} nice dino
[10:33] {thomcbell} fcx 38.62 break if holding 38.52
[10:33] {Les} holy crap OSK
[10:33] {cipher} tna l .20
[10:34] {dino} ty
[10:34] {scottie} good morning
[10:34] {nemo} partial here cipehr
01[10:34] {Threei}  Oshkosh Corp Icahn sends open letter to shareholders; not conducting tender offer to take the company private- Urges shareholders to tender before the Dec 3 deadline. **REMINDER: 10/26: OSK board rejects Icahn $32.50/shr offer as inadequate and highly conditional; adopts shareholder rights plan.
01[10:34] {Threei}  scottie :)
[10:34] {nemo} spy touched vwap
[10:34] {nemo} imo of course
[10:34] {Les} Nemo was just talking about you Scottie
01[10:34] {Threei}  1:1
01[10:35] {Threei}  that's 4th winner in a row
01[10:35] {Threei}  can I go home?
[10:35] {nemo} nice deflection wombatpoker
[10:35] {scottie} Absents are always wrong, of course
01[10:35] {Threei}  Les, you wanted more
[10:35] {cipher} out 1/2 tna .51 +.31
01[10:35] {Threei}  no more for les
01[10:36] {Threei}  or, to use classic quote, http://www.youtube.com/watch?v=nGJku2nZaYw
[10:36] {robbers} Very nice trading this morning, Vad, thanks.
01[10:36] {Threei}  :)
[10:37] {dino} less cis more, lol
[10:37] {dino} 'is
[10:37] {will49} yes Vad...you're cookin'
[10:37] {Les} no, Les wants more
01[10:37] {Threei}  http://www.realitytrader.com/vad/LES.JPG
[10:38] {nemo} speaking of Raven
[10:38] {nemo} not a peep out of him in a while
01[10:38] {Threei}  he circles
[10:39] {will49} he also quoths
[10:39] {dino} esv hl l .70
[10:39] {nemo} yeah....we've been down that road will
[10:40] {cipher} osk s .95
[10:40] {will49} well...excuse ME
[10:40] {nemo} careful, will put you in the Les category
[10:40] {will49} oops sorry about the caps
01[10:41] {Threei} Short Setup: SLW  .70 break
01[10:41] {Threei}  awww'
01[10:41] {Threei}  late
[10:41] {nemo} BIG spy volume
[10:42] {Les} yeh what give
[10:42] {Les} s
01[10:42] {Threei}  no news yet
[10:42] {dino} out cnqr .76, +.26
01[10:42] {Threei}  ah, here it is
01[10:42] {Threei}  (GR) EU ministers said to be delayed decision on Greece aid for a few weeks; still awaiting Troika report - financial press- Now see making decision on Nov 26
01[10:42] {Threei}  believe it or not, it's Greece again
01[10:43] {Threei}  they run out of duct tape
[10:44] {nemo} wow, two accidental trades, now....thought I was pouring a cup of coffee and it turned out to be a glass of wine
[10:44] {Les} you're worse than my wife
[10:45] {nemo} Oh, Les...cmon!!! Big softball, right down the middle of the plate
[10:45] {Les} I can see the wheels turning...
01[10:45] {Threei}  EU is Titanic that see a big iceberg named Spain not very far away but can't even get to it, continuously crashing in my smaller one named Greece
01[10:45] {Threei}  my - much
[10:45] {nemo} MNST
[10:45] {will49} you should write for the WSJ Vad
01[10:46] {Threei}  they don't pay that well
[10:46] {cipher} cov osk .90 +.05
[10:46] {dino} out esv .05, +.35
[10:47] {robbers} wtg dino.
[10:48] {Les} lol just watched best bits of soup nazi episode. funny...
[10:48] {dino} ty
01[10:49] {Threei}  you mean you haven't watched whole Seinfield?
[10:50] {nemo} cat
[10:50] {Les} god no. nauseating nasal New Yorker voice gives me the horrors
[10:50] {Les} Elaine's a gas though
01[10:50] {Threei}  boy, you Europeans are weird...
[10:50] {will49} haha
[10:50] {Les} LVS
[10:50] {Les} CAT
[10:51] {nemo} [10:50] {nemo} cat
[10:51] {Les} duh
[10:52] {Les} FCX maybe too
[10:58] {scottie} VZ s .40 ?
[10:58] {scottie} if holds .50
[10:59] {ese} gotta go all.....was stopped out of btu .60 -.09 ah well .....just one of dem tings.......cya tomorrow
01[10:59] {Threei}  yes
01[10:59] {Threei}  good-looking chart
[10:59] {nemo} Prudential has been selling in the future for the last couple of weeks they announced a big derivatives loss yesterday, and they are still selling...something big is going on
[10:59] {Les} ciao ese
01[10:59] {Threei}  take care ese
[10:59] {ese} ciao les
[10:59] {ese} vad
[10:59] {will49} bye ese
[10:59] {dino} esv hl l .40
[11:00] {dino} out esv .64, +.24
[11:02] {nemo} vrsn
[11:06] {thomcbell} long setup fio 22.86 break if holding 22.75
[11:06] {thomcbell} target is 1:3
[11:07] {thomcbell} invalidated
[11:07] {scottie} TOT l .10 ?
[11:07] {thomcbell} still will be watching for the entry
[11:08] {nemo} .14 is vwap scottie
[11:08] {scottie} ok tks
01[11:08] {Threei}  I'd take it here
01[11:08] {Threei}  with stop under 48
[11:08] {nemo} looks short to me
01[11:08] {Threei}  less chance of working, very small stop, much better potential
[11:08] {nemo} triple top
[11:09] {nemo} up against vwap
01[11:09] {Threei}  it tests low of ascending vhannel, nemo
01[11:09] {Threei}  and SPY reverses
01[11:09] {Threei}  good long entry
[11:09] {nemo} then again spy looking stronger
[11:10] {dino} esv hl l .05
01[11:10] {Threei}  now offer half into spike after break
[11:11] {dino} out esv .33, +.28
01[11:12] {Threei}  wtg
[11:12] {dino} ty
[11:12] {dino} thing = pulp
[11:18] {scottie} TOT stopped, nemo wins
01[11:19] {Threei}  not per my method
01[11:19] {Threei}  .03 entry, half out at .10, stop at .01 second half
01[11:20] {Threei}  that's what god created aggressive entries for
[11:21] {scottie} Guess I don't master the technique yet
[11:21] {thomcbell} i am long small fio again 1/2 lot
[11:21] {nemo} yeah TOT kissed vwap and dropped
01[11:21] {Threei}  you missed my comment earlier?
[11:22] {thomcbell} looking for 23.30
01[11:24] {Threei}  nice find tbell
[11:27] {thomcbell} tu
[11:29] {Les} PM sector spike
[11:33] {scottie} FL s .75 ?
01[11:33] {Threei}  yes
[11:34] {scottie} in .74
[11:37] {nemo} GDX SLW
[11:42] {nemo} a Richard Branson joke:  A mother and her young son were flying on Virgin Australia, from Brisbane to Melbourne. The son turned to his mother and asked: “If big dogs have baby dogs and big cats have baby cats, why don't big planes have baby planes?”
[11:42] {nemo} The mother, who couldn't think of an answer, told her son to ask the flight attendant. So the boy asked the flight attendant: “If big dogs have baby dogs and big cats have baby cats, how come big planes don't have baby planes?”
[11:42] {nemo} The flight attendant responded: “Did your mother tell you to ask me?”
[11:42] {nemo} The boy admitted that this was the case.
[11:42] {nemo} “Well, then, tell your mother that there are no baby planes because Virgin Australia always pulls out on time. Ask your mother to explain that to you."
[11:43] {will49} lol
[11:43] {nemo} gold stocks all rocketat at 11:20
[11:43] {scottie} lol
[11:43] {Les} lol we bored
[11:43] {will49} even Australian women are cocky
01[11:43] {Threei}  lol
[11:43] {Les} yeh was contemplating the 40 break but that was strange
[11:44] {Les} CAT wants vwap break here
[11:45] {nemo} breakout at lunch meh
[11:45] {will49} hate when that happens
[11:46] {Les} how long do you fat cats go out to lunch for?
[11:47] {will49} give him an english lesson nemo
[11:47] {Les} Vad how goes that tablet of yours? The ASUS
[11:47] {nemo} For how long do you fat cats go out to lunch?
[11:47] {will49} yes
[11:50] {Les} VRSN might offer a 43 b/d shortly
01[11:51] {Threei}  oerfect tool Les
01[11:51] {Threei}  perfect too
[11:51] {will49} ha....
[11:51] {will49} Freudian slip Vad
[11:53] {nemo} vrsn!!!
[11:55] {scottie} PBR s 21 ?
[11:56] {thomcbell} wll - look at this intraday chart
01[11:58] {Threei}  not sure PBR
[11:58] {scottie} ok
01[11:58] {Threei}  FL finally
01[11:58] {Threei}  1:1
[11:58] {nemo} think .20 possible
[11:58] {scottie} half out
[11:59] {scottie} stop above .75
[11:59] {nemo} indexes feel long here to vwap
[12:02] {nemo} or not
01[12:02] {Threei}  not to me
[12:05] {nemo} yeah, still looks like a vwap run coming but that's not far
[12:11] {dino} 07 still all red
[12:12] {scottie} 1/4 more out
[12:13] {dino} thr hl l .51
[12:19] {scottie} stop above .65
[12:19] {thomcbell} thc looks terrible here
[12:19] {thomcbell} easy come easy go i suppose
[12:26] {Les} VRSN b/d here vad?
[12:26] {Les} maybe long again
01[12:28] {Threei}  not sure
[12:29] {will49} finally 1:2 on FL tks scottie
01[12:29] {Threei}  coming on 1:3
[12:29] {scottie} yw :)
[12:30] {will49} was late getting in
[12:33] {scottie} stop above .61
01[12:33] {Threei} Long Setup:  RGR  .10 hl
01[12:34] {Threei}  actually, 1/4 lot
01[12:34] {Threei}  If holds  .90
[12:34] {scottie} very spready ?
01[12:34] {Threei}  yes
01[12:37] {Threei}  disregard
01[12:37] {Threei} Long Setup:  MCD  .60 break hl
01[12:37] {Threei}  If holds  .50
[12:40] {scottie} fl stop .56
[12:41] {scottie} out FL +.28
[12:41] {scottie} .29
01[12:41] {Threei}  wtg
[12:42] {nemo} rax interesting
[12:42] {scottie} tks
[12:43] {thomcbell} thc long setup 26.40 break if holding 26.33
01[12:45] {Threei}  market looks breakdownish
01[12:45] {Threei} Short Setup: LVS  .45 break
01[12:45] {Threei}  If holds  .50
01[12:47] {Threei}  no go MCD
01[12:48] {Threei}  LVS loses .40, no support in sight
[12:48] {nemo} 42.73
[12:57] {thomcbell} thc still valid - fyi
[12:57] {thomcbell} has not triggered
[12:58] {nemo} slw and gdx look bullflaggish
[12:59] {thomcbell} fio what a nuisance
[13:00] {thomcbell} thc in
01[13:03] {Threei}  FINALLY!!!
01[13:03] {Threei}  EU and ten Latin American nations have signed agreement to end banana trade dispute
[13:03] {will49} :D
01[13:03] {Threei}  our troubles seem to be over
01[13:04] {Threei}  if we can resolve banana dispute, fiscal cliff or debt burden is peanuts
[13:04] {will49} maybe Obummer can take credit fir that too
01[13:05] {Threei}  you mean he was leading negotiations from behind?
[13:05] {will49} BOHICA governing
[13:05] {Les} TNA
01[13:05] {Threei}  there is talk about Geithner resigning
01[13:06] {Threei}  can't happen soon enough
[13:06] {will49} he saved the world, what would he do for an encore/
[13:06] {Les} return to GS
[13:06] {Les} or is it JPM?
01[13:07] {Threei}  resolve spinach dispute?
01[13:07] {Threei}  or lead artichoke negotiations?
01[13:08] {Threei}  die LVS
01[13:10] {Threei}  half out
01[13:10] {Threei}  .32
01[13:16] {Threei}  1/4 more out
[13:17] {thomcbell} good patience kiddo
01[13:17] {Threei}  will try to cover the last piece around 43.05
01[13:17] {Threei}  thatnks dad
[13:17] {thomcbell} hehe
01[13:17] {Threei}  :)
[13:19] {Les} quarter at .20ty
01[13:19] {Threei}  yw
[13:22] {Les} seems those die hard communists are good for something after all
01[13:22] {Threei}  ?
[13:22] {Les} threatening Macau's special status or the rumour of such
01[13:22] {Threei}  ah
[13:24] {Les} got a great photo of Chinese woman fingering my daughter in Macau
[13:24] {Les} she'd never seen skin so white
01[13:24] {Threei}  LVS baby
01[13:25] {Threei}  stop to .15
01[13:25] {Threei}  choking it
[13:25] {dino} so down 400 pts since election
[13:25] {thomcbell} 1380 is upward sloping 200 sma FYI
01[13:25] {Threei}  to .11
[13:25] {dino} feels like we break it
[13:26] {dino} selling picking up
01[13:26] {Threei}  to .06
[13:26] {Les} out .99 ty
01[13:26] {Threei}  seems like market realized: obamacare is here to stay and suffocate companies,
01[13:27] {Threei}  taxes will rise,
[13:27] {Les} family about to tear me apart if I don't serve them dinner
01[13:27] {Threei}  fiscal cliff will be resolved the ugliest way possible, eliminating jobs even more
[13:27] {dino} esv getting interesting again
01[13:27] {Threei}  welcome les
[13:27] {dino} hl l .35
01[13:28] {Threei}  deficit and debt problem is not going to be dealt with
01[13:28] {Threei}  any wonder market tanks?
01[13:33] {Threei}  to .01
[13:39] {dino} out esv .61, +.26
01[13:39] {Threei}  wtg
[13:44] {dino} ty
01[13:46] {Threei}  out
01[13:46] {Threei}  happy
[13:46] {will49} Excellent trade Vad
01[13:46] {Threei}  ty
[13:59] {thomcbell} thc 1:1
[14:02] {dino} out thr .70, +.20. thing won't move
[14:21] {scottie} AG l .80 ?
01[14:24] {Threei}  probably... ahtough I'd really prefer pullback entry
[14:25] {scottie} ok, waiting for pullback
[14:30] {will49} Vad...how far does the pullback need to be for an .80 entry?
01[14:32] {Threei}  what I mean is, if it drops to about .70, I'd be interested in aggressive entru
[14:32] {will49} tks
01[14:33] {Threei}  Ashley Judd considering a senate run in 2014
01[14:33] {Threei}  shoot me now
[14:33] {scottie} do you think AG is still interesting
01[14:33] {Threei}  near .60 even better
01[14:34] {Threei}  unless SPY loses .50 support
[14:35] {nemo} geez  appl only down 17 today
[14:35] {nemo} aapl
[14:39] {Les} keep missing these vrsn breaks
[14:39] {Les} maybe back to R3
[14:39] {scottie} I don't understand that kind of setup Vad, don't know when to enter
01[14:40] {Threei}  there was no clear entry here
[14:40] {scottie} ok
01[14:41] {Threei}  dive under .60 and recross is normal approach, but happened too fast for any discernable setup
01[14:47] {Threei}  will... interection of Montreal Street and Simcoe Avenue - how far from you?
[14:48] {will49} about  a mile
01[14:48] {Threei}  couple hours ago, cougar sighting
[14:48] {nemo} I like older women
01[14:48] {Threei}  she may still be there if you hurry
[14:49] {will49} Long run from Bellingham
[14:49] {will49} still there
[14:49] {Les} lol nemo nice one
01[14:49] {Threei}  although competition ight be severe:
01[14:49] {Threei}  Officers are currently on scene searching for the cougar, and local schools have been advised
[14:49] {will49} htought you were asking how far from my house
01[14:49] {Threei}  oh, I thought you were back already
[14:50] {will49} leaving in an hour
01[14:50] {Threei}  nah, I think those from "local schools" will be faster... don't rush :)
[14:50] {will49} Carolyn needs two days here to do maximum damage
01[14:51] {Threei}  what is it, grocery shopping?? :)
[14:51] {will49} Oh ya
[14:51] {will49} plus any other kind of shopping
[14:52] {will49} clothes yesterday, groceries today
01[14:53] {Threei}  how do you get there, via Coho or Vancoiver?
01[14:53] {Threei}  or anacortes?
[14:53] {will49} Thru Peace Arch
[14:53] {will49} Anacortes pretty but slow
[14:54] {will49} Wait at Peace Arch Tues was only 10 min
[15:04] {dino} zzzzzzzzzzzzzzzzzzzzzzzz
[15:04] {Les} VRSN dino, just broke
[15:05] {dino} good day but afternoons suck since june
[15:05] {dino} not thrilled w/it les
01[15:06] {Threei}  pretty much
[15:06] {Les} s .30
[15:08] {Les} out .01 for real continue partialling on paper
[15:08] {Les} stop .20
[15:08] {Les} R3 is 41.50
[15:12] {dino} vrsn would'veworked short, good spot les
[15:13] {Les} not my ideal setup
[15:13] {Les} break .30 and hope it keeps going. had .40 stop in case of failure to break down
[15:18] {Les} stop .10
[15:20] {scottie} Leaving now, bye everyone, day off tomorrow, will see you monday
01[15:20] {Threei}  take care scottie, have a good weekend
[15:20] {will49} See ya scottie
[15:20] {scottie} Vad, Will
[15:20] {Les} ciao man
[15:20] {scottie} Les
[15:21] {will49} Guess I'd better drag my wife out of Obummer country
[15:21] {will49} cheers everyone
01[15:21] {Threei}  hmmm
01[15:21] {Threei}  look here will:
01[15:21] {Threei}  http://i.imgur.com/9lBaf.png
01[15:22] {Threei}  you may contribute to GDP just as well while you are there, they could use it
01[15:22] {Threei}  especially considering this:
01[15:22] {Threei}  http://i.imgur.com/CmOE0.gif
[15:22] {will49} We did as much as we could:)
[15:23] {Les} .00
01[15:23] {Threei}  last one is Average U.S. Hourly Earnings
01[15:28] {Threei}  (US) S&P forecasts 15% chance that the US will go over the 'fiscal cliff' due to political brinksmanship- Sees highest likelihood that the Govt reaches a compromise to avoid most and possibly all of the negative economic impacts of going over the cliff
[15:29] {Les} .90
[15:30] {Les} ok off to bed
[15:30] {Les} c u's tomorrow
01[15:31] {Threei}  take care Les
01[15:31] {Threei} Short Setup: AG  .80 break
01[15:31] {Threei}  If holds  .86
[15:41] {dino} calling it a day, thx all
01[15:42] {Threei}  take care dino
[15:47] {nemo} what up with wprt
[15:48] {thomcbell} why is it up?  It has gotten killed
[15:48] {nemo} halted
01[15:48] {Threei}  Westport Innovations Inc Reports Q3 -$0.59 v -$0.39e, R$76.1M v $84.6Me- Affirms FY12 Rev $340-350M v $373Me (prior $340-350M)
01[15:48] {Threei}  AG 1:1
01[15:49] {Threei}  covered and done for the day
01[15:49] {Threei}  thank you all, have a good evening
01[15:49] {Threei}  see you tomorrow
[15:49] {nemo} spy going for the 200 sma

Wednesday, November 7, 2012

Nov 07 2012

Not really our day - there were fine trades working for 1:2 and 1:3, but a few too many stops kept the day overall negative.

Session Time: Wed Nov 07 00:00:00 2012
[09:07] {scottie} good morning
01[09:07] {Threei}  morning scottie
[09:09] {Les} afternoon
01[09:10] {Threei}  les :)
[09:13] {cipher} gm
[09:14] {nemo} Good Morning Komrades from the USSA(R)
01[09:15] {Threei}  cipher, nemo :)
[09:15] {ese} morning
01[09:15] {Threei}  ese :)
[09:16] {ese} just to show you haw busy i've been.........i thought the election was today........was surprised when i heard results last night after coming out of Italian lessons
[09:16] {ese} sheesh
01[09:16] {Threei}  lol
01[09:22] {Threei}  wow, look at RGR reaction
[09:22] {nemo} what about smith&wesson
[09:22] {ese} just looking at that
01[09:23] {Threei}  that too
[09:23] {nemo} we're expecting an onslaught of new gun laws
[09:24] {ese} hmmmmmmmmm
01[09:25] {Threei}  not sure why stocks are down... I mean, all that left to launch next rally is to duct-tape Greece to sinking ship of EU
[09:26] {ese} I don't see any news on BTU and it's tanking -.2.00 and change so far....anyone see anything
01[09:26] {Threei}  coal
[09:27] {robbers} Coal companies wanted Romney, that's part of it.
01[09:27] {Threei}  right
[09:27] {ese} hmm
01[09:27] {Threei}  your boy obama is not very coal-friendly
[09:27] {Les} symbol for swith and wesson is?
01[09:27] {Threei}  SWHC
[09:28] {nemo} ese...instead of taking italian lessons, may I suggest a couple of courses in economics may be in order
[09:28] {Les} ty. RGR R3 reversal candidate
[09:28] {ese} go ahead.....get your licks........
01[09:31] {Threei} Long Setup:  C  .70 break
01[09:31] {Threei}  If holds  .60 
01[09:31] {Threei}  change to .60 break
[09:31] {nemo} oh oh, market in ifffy territory
01[09:32] {Threei}  stop .53
01[09:32] {Threei}  target .85 - .90
[09:33] {ese} L btu .52
01[09:34] {Threei}  no go
[09:34] {robbers} Market is really pissed off.
[09:34] {ese} sm
01[09:35] {Threei} Long Setup:  FCX  .70 break hl
01[09:35] {Threei}  If holds  .60 
[09:36] {nemo} capital gains and dividend taxes going up so assets need to reprice significantly lower
01[09:36] {Threei}  wow, SPY can't hold any of supports
[09:37] {nemo} no it's gonna test the volum supporat down to 140.50ish this is s3 on the daily
[09:37] {nemo} All the 401k's will shit the bed on Obama's watch hehehehehehe
[09:37] {nemo} 4 more years!!!!
01[09:37] {Threei}  well, FCX seems to be done dropping
01[09:38] {Threei}  or not
01[09:38] {Threei}  let's trail stop to .64
01[09:39] {Threei}  want to keep things as tight as possible
[09:39] {ese} L btu avg .56
01[09:40] {Threei}  out
01[09:41] {Threei}  good tightening, no supports hold
[09:42] {Les} 1 min bb's tightening indexes are south. possible bounce coming
01[09:42] {Threei}  let's see if SPY makes double bottom here
01[09:44] {Threei} Long Setup:  SLW  .95 break
01[09:44] {Threei}  If holds  .85 
[09:44] {thomcbell} gdx 50.55 long break ttoo
[09:45] {dino} cnc spike
01[09:45] {Threei}  Invalidated  
[09:45] {ese} hmmmmmm  what would dino do?
[09:45] {thomcbell} same with GDX 
[09:46] {dino} lol ese, sidetracted day for me, might get a trade off
01[09:47] {Threei} Long Setup:  SLW  .90 break
[09:47] {ese} am in btu .56
[09:47] {ese} am trying to think like you
01[09:47] {Threei}  If holds  .80 
[09:47] {dino} watching bsft, bcor, crus, catm, esrx, fio, z, cnc
01[09:49] {Threei}  it's actually an aggressive entry for 40 break
01[09:49] {Threei}  not a scalp, target 1:3
[09:50] {thomcbell} which one Vad
01[09:50] {Threei}  SLW
[09:51] {thomcbell} slw daily chart much better than gdx too 
[09:54] {ese} out btu .12 +.56
01[09:54] {Threei}  a lot of uncertainty in the market
[09:54] {ese} am lovin you right now dino
01[09:54] {Threei}  wtg ese
[09:54] {dino} crus hl l .55
[09:54] {ese} tks
01[09:56] {Threei}  don't feel that SLW shapes up right anymore, lost ascneding channel's low
01[09:56] {Threei}  ascending too
01[09:56] {Threei}  yeah
01[09:56] {Threei}  not liking this morning at all
01[09:56] {Threei}  in many regards, lol
[09:56] {nemo} no very foggy...feels like a hangover
01[09:57] {Threei}  �Never underestimate the power of stupid people in large groups.� ? George Carlin
[09:57] {cc_8} Stocks Slammed as Draghi Says Germany SlowingPosted on: Wednesday, November 7, 2012 - 9:48am
[09:57] {cc_8} U.S. stock futures initially traded higher after it was officially revealed that President Obama had won his bid to be reelected, but quickly reversed direction and headed lower after European Bank
[09:57] {Les} so it's those pesky Europeans again is it...
[09:58] {ese} ya!
01[09:58] {Threei}  yup, initial raction was as foretold: USD down, equities and gold up
01[09:58] {Threei}  then whole EU charade came back in play
[09:59] {ese} l btu ..03
01[09:59] {Threei} Short Setup: FCX  .40 break
01[09:59] {Threei}  If holds  .50 
[10:00] {dino} cnc hl s .24 stop hod
[10:01] {dino} cov cnc .92, +.32
01[10:02] {Threei}  1:1
[10:02] {dino} covered too soon
01[10:03] {Threei}  good one anyway
[10:04] {dino} ty
[10:04] {ese} out btu .31 +.28 1/2 lot
01[10:04] {Threei}  will forgot where the door is
[10:04] {ese} good enough......i'm done for the day.......cya tomorrow
01[10:05] {Threei}  take care ese
[10:05] {ese} cya vad
[10:05] {nemo} so dow gave up yesterday's gains and then some
[10:05] {thomcbell} lvs they love it 
[10:07] {will49} hey guys
01[10:07] {Threei}  will :)
[10:08] {will49} hello from Bellingham WA
[10:08] {will49} home of the Canadian shopping paradise
[10:08] {nemo} sbux breaking resistance
01[10:09] {Threei}  cool... you are there to buy some just legalized stuff I guess
[10:10] {will49} lol
01[10:12] {Threei} Long Setup:  LVS  45 break
01[10:13] {Threei}  If holds  .95 
[10:13] {nemo} .06 offer
01[10:14] {Threei}  stop is tight
01[10:14] {Threei}  not taking much chance today, emotions rin hot
[10:14] {nemo} spy in nowheresville
01[10:14] {Threei}  run too
01[10:15] {Threei}  no go
01[10:15] {Threei}  FCX however tries for 1:2
[10:15] {thomcbell} jpm dead for sale along with WFC
[10:15] {nemo} all financials will go in the tank
[10:15] {nemo} it is the wil of Allah
01[10:15] {Threei}  yeah... they are looking forward to see Warren in control
[10:15] {nemo} will
01[10:15] {Threei}  FCX 1:2
[10:18] {nemo} should hit freefall here
[10:18] {nemo} or as you say....cascade
[10:18] {robbers} out FCX, thanks Vad.
01[10:18] {Threei}  I see you made your peace with that word
01[10:18] {Threei}  welcome sir
01[10:19] {Threei}  1:3, over and out
[10:19] {nemo} gld going lower...deflation
[10:19] {nemo} wheels coming off hehehehehe
01[10:19] {Threei}  deflation on 1 min time frame?? :)
01[10:19] {Threei}  that's new, lol
[10:19] {nemo} but gold wasn't up that means recession look
[10:20] {nemo} bonds ripping
[10:20] {nemo} iwm coming into 200
[10:20] {nemo} WS1 on finnies spy and Qs
[10:20] {cipher} tna l .24
01[10:20] {Threei}  well, bonds simply react on monetary policy staying the course for the foreseeable future
[10:20] {scottie} AIG s .30 ?
[10:20] {nemo} yeah, reasonable bet cipher...have diaper ready
01[10:21] {Threei}  AIG, I doubt it
[10:21] {scottie} ok
01[10:21] {Threei}  doesn't look for short herem, unless consolidates for a few more minright
[10:23] {cipher} out tna -.11
[10:23] {dino} fio hl l .15 stop .98
[10:24] {cipher} tna l.20
01[10:25] {Threei}  EXC
01[10:25] {Threei}  daily starts looking like bounce time
01[10:25] {Threei}  intraday, so-so
01[10:25] {Threei}  but with tight stop, probably time to start looking
[10:26] {nemo} they may want to test 140 level in spy although I have confluence between .15-.24
01[10:27] {Threei} Long Setup:  TNA  .20 break hl
[10:27] {dino} 200ma at 1380
01[10:27] {Threei}  Invalidated  
[10:28] {Les} 3 min bullish divergence on TNA almost there
01[10:29] {Threei}  yeah, it's on a verge of reversal
01[10:29] {Threei} Long Setup:  TNA  .10 break hl
01[10:29] {Threei}  If holds  55 
01[10:30] {Threei}  Invalidated  
01[10:30] {Threei}  where is beau... drinking happily or what
01[10:31] {Threei}  uh oh
01[10:31] {Threei}  'The best is yet to come,' Obama tells Americans after re-election as U.S. president
01[10:31] {Threei}  it has been a great country...
[10:32] {robbers} Yeah, but he didn't say that will be in China.
[10:32] {Les} yep he's got nothing to lose now
[10:32] {Les} gonna sweep house and fix everything
01[10:32] {Threei}  what do you mean nothing to lose?? next match of golf??
[10:32] {nemo} l tna .01
01[10:32] {Threei} Long Setup:  EXC  .50 break
[10:33] {nemo} see finnies and spy seemed to have bottomed
[10:33] {nemo} partialed .16
01[10:33] {Threei}  crap, TNA got away
[10:33] {nemo} not from me......
[10:34] {nemo} look for a db formation though
01[10:35] {Threei}  (GR) Germany Chancellor Merkel: Notes that more fiscal policy integration in the EMU is needed; can see a time when EU organizations may be provided the power to intervene in nations that have failed to achieve national budget requirements put forth by the EU treaty
01[10:35] {Threei}  socialism is victorious everywhere
06[10:35] * Threei starts eyeing Antarctica
[10:36] {dino} atlas shrugged begins
[10:36] {Les} I hear global warming will be good for Antarctica
01[10:36] {Threei}  not if you are a penguin, les
[10:36] {Les} r u a penguin?
01[10:37] {Threei}  probably not, I hate cold
01[10:37] {Threei}  but I am sympathetikc to their cause
[10:40] {thomcbell} angry bounce slw
01[10:41] {Threei}  any bets on where US debt stands by the time 2nd term is over? I say 20T or more
[10:41] {Les} where is it now?
[10:41] {thomcbell} well thats part of the plan no?
[10:41] {nemo} looking for vwap run on spy and iwm
01[10:41] {Threei}  16.2
01[10:42] {Threei}  EXC stop is obvious, let it trade
[10:42] {dino} at least 20t 3i
01[10:43] {Threei}  that's my bet dino... you won't win a beer from me on that number :)
[10:45] {dino} ok, i'll go 21t
01[10:46] {Threei} Short Setup: CAT  86 break
01[10:46] {Threei}  hl
01[10:46] {Threei}  If holds  .10 
[10:47] {nemo} lower high on spy in that volume zone
[10:48] {nemo} AGU
[10:49] {nemo} mos
[10:49] {dino} new lows
01[10:49] {Threei}  1:1
[10:51] {cc_8} UPDATE: Merkel Says Europe Must Better Define Rules For Financial markets, Harmonize regulation; Says Can Envision Giving European Institutions Real Rights to Intervene in Cases Where National Budgets Are in Violation of EU Rules
[10:51] {robbers} out CAT, thanks.
01[10:51] {Threei}  yw
01[10:52] {Threei}  1:2
[10:52] {scottie} cat +.18 tks
[10:54] {nemo} o.k. worth a bounce play around spy 140
01[10:54] {Threei}  scottie :)
01[10:55] {Threei}  day is not great still but becomes better
[10:55] {Les} you got your conspiracy defence ready Vad?
01[10:56] {Threei}  about what?
[10:56] {nemo} oh oh, don't hold 140, nothing until 139 area
[10:57] {Les} about market action today
01[10:57] {Threei}  why would any be needed?
[10:57] {Les} on other web site...
[10:58] {Les} "they" are doing it again
01[10:58] {Threei}  "they" always are, aren't they :)
[10:59] {Les} I took up Fusion cause lower monthly fee until you make yer first $500
[11:00] {Les} what they didn't tell me is that account stop limit for day is $150
[11:00] {Les} sheesh
[11:00] {nemo} trade smaller
[11:00] {Les} no, already happened
[11:00] {nemo} o.k. this is capitulation volume
[11:01] {Les} but daily loss limit can be raised if accepting full price plan, which I've asked our broker to change
01[11:04] {Threei}  no go EXC
01[11:04] {Threei}  still not delighted by today
[11:11] {scottie} VZ s .50 ?
01[11:12] {Threei}  no
01[11:12] {Threei} Long Setup:  AIG  .40 break
01[11:12] {Threei}  If holds  .30 
[11:15] {nemo} oh oh, thumbs in the dyke might not work
[11:15] {nemo} try fisting
[11:15] {nemo} sorry
[11:15] {nemo} not really
[11:16] {nemo} women and children overboard
[11:17] {dino} gotta hop
01[11:18] {Threei}  said he and hopped faster than we could blink
01[11:20] {Threei}  come on... no long setups are gping to work today??
[11:22] {Les} 15 min histograms are nearly positive. Could be waiting for afternoon longs
01[11:29] {Threei}  so far, slide continues
01[11:30] {Threei}  look at CAT
01[11:30] {Threei}  down a buck since our short
[11:30] {nemo} no support until 139 area on spy, IWM coming into volume support under 80 financials got another .30 cents
[11:34] {Les} first green histogram bar 15 mins. some capitulation volume here
01[11:34] {Threei} Long Setup:  LVS  .10 break
01[11:34] {Threei}  If holds  44 
01[11:35] {Threei}  aiming for 1:3
01[11:39] {Threei}  1 cent to 1:1?
01[11:39] {Threei}  some days one better stay in bed, lol
[11:40] {nemo} this could be it but they'll probably test finnies iwm spy and Qs all bottomed at levels
[11:40] {nemo} levels I have mapped that is
[11:40] {nemo} Europe closed too, so they're out of the mix now
01[11:50] {Threei}  1:1
01[11:50] {Threei}  finally
[11:55] {nemo} I would look for spy to head back to 140.80 area
[12:00] {cc_8} VirnetX Soars on Legal Victory Over ApplePosted on: Wednesday, November 7, 2012 - 11:51am
[12:00] {cc_8} Shares of VirnetX (NYSE: VHC) rallied strongly on Wednesday after a jury ruled that tech giant Apple (NASDAQ: AAPL) must pay the company damages totalling $368.2 million. .
[12:02] {cc_8} Research In Motion (NASDAQ: RIMM) shares are down more than 7% following comments from Pacific Crest's James Faucette.
[12:06] {scottie} VZ l .40 ?
01[12:06] {Threei}  looks right
[12:09] {scottie} in .41
[12:14] {Beau} good morning
01[12:15] {Threei}  beau :)
01[12:15] {Threei}  we thought your were drunk
[12:15] {Beau} why?  something special last night?
01[12:16] {Threei}  not really, more of the same
[12:16] {Beau} OK. Just didn't waqnt to miss something
01[12:16] {Threei}  hehe
01[12:16] {Threei}  LVS 1:2
01[12:16] {Threei}  VZ works too
01[12:16] {Threei}  life becomes a bit easier
[12:17] {scottie} half out
[12:22] {Les} scalped last entry lvs
[12:23] {Les} was gonna ask if new entry here, but don't wanna buy breaks
[12:25] {nemo} not at lunch
[12:26] {nemo} although if iwm and spy continue north, probably good to vwap
01[12:26] {Threei}  so yesterday Reid was saying "Romney is delusional if he thinks he will get bipartisan support from Senate"
01[12:27] {Threei}  today:
01[12:27] {Threei}  (US) Senate Majority Leader Reid (D-NV) Americans are tired of partisan gridlock; Democrats need Republicans to help in compromising -
01[12:27] {Threei}  what a difference day makes
01[12:27] {Threei}  - Talks on the fiscal issues need to begin now; deficit problem needs a balanced approach - Would like to adjust the 'filibuster' rules that have blocked legislation progress. - Will likely consider a debt limit increase after Jan 1, 2013
01[12:34] {Threei}  7.4 magnitude #earthquake reported off the Pacific Coast of Mexico
[12:34] {nemo} where you been, saw that 2 hours ago
01[12:35] {Threei}  hmmm
01[12:35] {Threei}  I guess I am much further to the north
01[12:35] {Threei}  took a while to reach me
[12:35] {nemo} o.k. market looks like ready to make another move
[12:47] {nemo} o.k.  maybe not...
[12:47] {nemo} Boy does the weather SUCK here today
[12:48] {nemo} spy being sneaky gonna' go to vwap
[12:48] {Beau} snow, rain or both?
01[12:51] {Threei}  beau, where nemo lives all you listed comes for a a normal weather
[12:52] {nemo} rain 
[12:52] {nemo} but windy biting weather
01[12:57] {Threei}  market has stalled but it feels like pause, not an end of activity for the day
[12:58] {scottie} out LVS but went to 1:2 with it, tks Vad
01[12:58] {Threei}  :)
[13:01] {nemo} that was serous spy volume a few minutes ago, and price moved higher, we're going
[13:04] {nemo} here's the run to VWAP and S3
[13:05] {scottie} 1/4 more out VZ
01[13:05] {Threei}  still in VZ, scottie?
[13:05] {nemo} looking for 140.80 on spy
01[13:05] {Threei}  1:2 there
[13:05] {scottie} see above
01[13:06] {Threei}  now, that's a visual you don't often see in corporate speak:
01[13:06] {Threei}  AGU CEO: Have not been approached by buyers for the retail unit, though there has been some 'sniffing' around
01[13:06] {Threei}  yes, I saw it right after I hit enter :)
[13:06] {nemo} spy eclipsed vwap iwm almost there as are the finnies, probably get quiet for a while and then we go to S3
01[13:13] {Threei}  LVS 1:3
[13:14] {thomcbell} u dog u 
[13:15] {scottie} rinsed me for the last piece
01[13:22] {Threei}  Romney lost his chance to earn my disrespect... too bad, I am equal opportunity disrespecter
[13:22] {Les} ?
01[13:23] {Threei}  ?
[13:23] {Les} vad quote is it?
01[13:23] {Threei}  no
01[13:23] {Threei}  that's me
01[13:23] {Threei}  Obama earned it fair and square
[13:23] {Les} oh right
01[13:23] {Threei}  I was looking forward for Romnry to do the same
[13:23] {Les} did u see the new bond film?
01[13:24] {Threei}  Fri
01[13:24] {Threei}  will be much more enetrtaining than election, I am sure
[13:25] {Les} watched Casino Royale again last weekend. Definitely the finest Bond I know
01[13:25] {Threei}  totally
01[13:25] {Threei}  well, maybe 1 notch under Connery
[13:26] {Les} not my generation
[13:27] {nemo} Gonna be fun to watch the EU break up
[13:27] {Les} even more fun to be living it
[13:28] {nemo} your in Switzerland
[13:29] {nemo} you're
[13:29] {Les} that changes nothing
[13:29] {nemo} they were smart enough to stay out of it
[13:31] {Les} smash credit markets & hi-tech exports, watch tidal wave of liquidity blow 1.20 Euro peg out of water... ugh
[13:32] {Les} whether swiss franc remains safe haven at that time, not clear. Smart money moving to Singapore already
[13:34] {Les} SNB holding enough foreign FX reserves on its book to maintain the 1.20 peg to potentially blow us all to kingdom come. Inflation bomb
[13:36] {Les} Canada will look nice when that time comes...
[13:36] {nemo} So won't Australia...hint hint
[13:37] {Les} no thanks
[13:37] {nemo} o.k. setting up the run to S3
[13:40] {Les} need to come over and learn some game hunting skills
[13:40] {nemo} yeah, we'll give you a brown coat and an antler hat and have you run around the woods
[13:40] {Les} dumbass
01[13:41] {Threei}  lol
01[13:42] {Threei}  you might want to work on your comebacks Les... :)
[13:42] {Les} yeh
[13:43] {Les} IWM long on pullback?
[13:43] {Les} near .50?
[13:44] {nemo} no setup yet
[13:44] {nemo} remember, it's ready, aim, fire...not ready, fire, aim
01[13:44] {Threei}  betetr one would be diving under .50, holdng the low of the dive, consolidating - then recross as a trigger
[13:45] {nemo} you want to see FAS hold .65ish too
[13:48] {scottie} out VZ in full
[13:49] {nemo} fas bouncing at .60ish
01[13:50] {Threei}  you took IWM Les?
01[13:50] {Threei}  .44 stop
[13:51] {nemo} bunny out for a visit
[13:51] {Les} no
[13:51] {Les} watching the banksters
[13:51] {Les} don't appear ready to follow
01[13:52] {Threei}  TNA is more of a guide for IWM, I'd think
[13:54] {Les} JPM, GS weak not tempted by index breakout
01[13:59] {Threei} Short Setup: CAT  .35 breeak hl
01[13:59] {Threei}  If holds  .45 
01[14:02] {Threei}  change to .40 break
01[14:02] {Threei}  If holds  .50 
01[14:02] {Threei}  Invalidated  
[14:02] {robbers} You scared it, Vad.
01[14:03] {Threei}  I guess
01[14:03] {Threei}  I tend to do that to stocks
01[14:03] {Threei}  people
01[14:03] {Threei}  children
[14:03] {robbers} They know you were for Romney, revenge.
01[14:03] {Threei}  I guess
01[14:04] {Threei}  although I'd argue, I was not so much for romney as I was againsta obama :)
[14:04] {robbers} Yeah, distinctly different.  You can vote for one candidate....or against the other.
[14:05] {Les} or not vote at all
[14:05] {robbers} Or just cash in your chips and vote for Ron Paul.
01[14:05] {Threei}  the only way republicans wouldn';t get my endorsement would be if they ran Karl Marx as their candidate
[14:05] {Les} lol
[14:05] {Les} the guy was brilliant
[14:06] {Les} his analysis turned political remedy sucked though
01[14:06] {Threei}  sure... so was Stalin
[14:06] {Les} no way
[14:06] {Les} well
[14:06] {Les} maybe
[14:06] {Les} a cunning rodent
[14:06] {robbers} Yeah, Karl Marx or Putin.  Or is it the same person?
[14:06] {nemo} yeah, older I get more I appreciate Uncle Joe
[14:06] {scottie} THC l .55 ?
01[14:06] {Threei}  yes
01[14:06] {Threei}  looks right
[14:07] {scottie} C&H ?
01[14:07] {Threei}  you know more effective mass murderer? it takes a lot of brilliance to terrorize country of such size
01[14:07] {Threei}  just JBE
01[14:07] {Threei}  not really robbers
[14:08] {thomcbell} wow one of the best charts in the market in daily timefreame
01[14:08] {Threei}  Putin is a Stalin's reincarnation, not Marx's
[14:08] {Les} might be lower high forming here on THC
01[14:09] {Threei}  THC is one of those benefitting from Obama reelection
[14:09] {Les} how?
01[14:10] {Threei}  unlike say, ANR
[14:10] {Les} oh healthcare
01[14:10] {Threei}  right
01[14:11] {Threei}  neverending drama:
01[14:11] {Threei}  (or, to wit, drachma)
01[14:11] {Threei}  (GR) Greece PM Samaras: Working to restore credibility; measures are appropriate and structural in nature - address before parliament vote on austerity legislation- Notes that noone should be exempt from the measures - Vote today will 'decide the future of Greece within the EMU'; only alternative is a return to the Drachma - Have been fighting for the next aid tranche to be more than the scheduled �31B
[14:11] {nemo} oh...thought you were talking about pot legalizaation
01[14:11] {Threei}  (US) President Obama reportedly calls leaders of both parties to request they work together -
[14:12] {nemo} riiiiiiiiiiiiigggggghhhhhhttttttt
[14:12] {Les} I c u can marry now Nemo... legally
[14:12] {nemo} yeah, interspecies
01[14:12] {Threei}  bunny??
[14:12] {Les} hehehe
[14:12] {nemo} turned me down
01[14:12] {Threei}  huh... didn't take your offer to make her an honest, umm
01[14:13] {Threei}  female bunny
[14:13] {nemo} bared her teeth
01[14:13] {Threei}  OK{ tat's scary
[14:13] {nemo} yeah, she's bit me before...nasty
[14:15] {Les} u certainly don't need a wife do ya
[14:15] {will49} oooh
[14:16] {Les} the maintenance is certainly cheaper...
[14:17] {will49} been looking around...no MJ retail stores open yet in WA
01[14:19] {Threei}  MJ?
[14:19] {will49} you know...BC flag
[14:20] {will49} they used to call in maryjane in my day
[14:20] {robbers} Interesting article:  http://www.marketwatch.com/story/gephardt-warns-of-bad-days-for-markets-2012-11-07?link=MW_latest_news
01[14:20] {Threei}  got it
01[14:21] {Threei}  sorry, sonme of these references get lost on this foreigner
[14:21] {will49} generational thjing too Vad
01[14:22] {Threei}  they spilled 3000 litres of fuel yesterday in Port Angeles by overfilling a barge, will - my guess is, they were stoned
[14:22] {will49} lol
[14:22] {will49} hope nobody lights a match in Victoria
01[14:23] {Threei}  lol
[14:23] {will49} or is it "lites" a match?
[14:24] {thomcbell} slw shaping up as is gdx here
01[14:24] {Threei}  a bit too narrow tbell, I doubt there is room for profit
[14:25] {scottie} PFE l .40 ?
01[14:25] {Threei}  I think so
01[14:27] {Threei} Short Setup: ANR  .40 break
01[14:27] {Threei}  If holds  .50 
01[14:29] {Threei}  I almost feel liker I can speak Greek:
01[14:29] {Threei}  (GR) Greece Syriza Party (opposition) leader Tsipras: Current Govt has no kept its election promises
[14:30] {thomcbell} i bought small gdx 50.56 
01[14:30] {Threei}  will, next time we drink with ese, let's switch to Greek
[14:31] {will49} it's all greek to me
01[14:31] {Threei}  one of us will say "ese, you have drink your vodka to bottom", antoher add: "oppa!"
[14:31] {will49} :)
01[14:31] {Threei}  or rather" you have no drink"
[14:34] {dino} what i miss
01[14:35] {Threei}  not much
01[14:35] {Threei}  some bounce
01[14:35] {Threei}  but mostly stall
01[14:36] {Threei}  so we study Greek, spill fuel in the ocean and smoke just-legalized stuff, while discussing nemo's interspecies marital intentions
[14:36] {will49} what alife
[14:37] {nemo} productive day
01[14:37] {Threei}  isn't it
01[14:37] {Threei}  too bad ese had to leave
[14:37] {will49} he\s celebrating
[14:38] {dino} lol
01[14:38] {Threei}  yeah, I can hear fireworks from his 'hood
[14:38] {will49} with all his socialist schoolteachers
[14:38] {thomcbell} 1:1 gdx
01[14:38] {Threei}  wtg
01[14:38] {Threei}  ANR nice consolidation
[14:38] {thomcbell} gs day low 
01[14:38] {Threei}  shouyld be effective breakdown
[14:39] {will49} hooray..somebody making coin
[14:39] {will49} tbell
[14:41] {scottie} USB s .50 ?
01[14:41] {Threei}  yes
[14:42] {scottie} in .49
[14:44] {thomcbell} capitulative volume for a contra move on FIO ?
[14:44] {thomcbell} hate this daily chart though
01[14:46] {Threei}  not sure about FIO, I don't see any setup
[14:47] {thomcbell} gdx 1:2
[14:49] {thomcbell} there was your volume spike on FIO
01[14:50] {Threei}  yes
01[14:50] {Threei}  watching
01[14:51] {Threei}  for double bottom
01[14:51] {Threei} Long Setup:  FIO  .90 break hl
01[14:52] {Threei}  If holds  .80 
[14:54] {dino} fio hl l .95 stop .79
01[14:54] {Threei}  with any help, should be capable of 30 - 40 cents move
[14:56] {scottie} +.12 on fio tks Vad
[14:56] {thomcbell} 23.60 breakdown area is my target 
01[14:57] {Threei}  :)
01[15:00] {Threei}  (GR) Greece Syriza Party (opposition) leader Tsipras: Says the austerity bill will destroy the lives of the Greek people.
01[15:00] {Threei}  of course but where have you been while your country was borrowing and borrowing and borrowing...
[15:01] {Les} partying partying partying
01[15:01] {Threei}  there you go
[15:01] {will49} that's what my wife calls me "austerity bill"
01[15:01] {Threei}  everyone smartens up only when collecting agency comes knocking
[15:01] {Les} the wife notices more greek, spanish, french cars on swiss roads during working hours
[15:02] {Les} austerity drive to better working pastures I guess
01[15:04] {Threei}  we need FIO to take 23 and hold it firmly... then it's only up from there
[15:05] {scottie} jumped in fio at .88, sold half at 23, and the rest at .88, thought the trade was over !
01[15:06] {Threei}  14:54] {Threei} with any help, should be capable of 30 - 40 cents move
01[15:07] {Threei}  staying with this view so far
[15:08] {thomcbell} could have a nasty flush of bottom fishers first 
01[15:08] {Threei}  flushed will we be then
01[15:09] {Threei}  correction: are
01[15:09] {Threei}  ANR trigered
01[15:09] {Threei}  if this one doesn't work I will be on strike from 4 pm till 9:30 am
01[15:10] {Threei}  scottie's scalping ways saved his bacon
01[15:10] {Threei}  or his montreal smoked meat
[15:11] {scottie} did the trade by the book, Vad, sold half at 1:1, raised my stop to .89, and went out at .88
[15:11] {nemo} spy looks like aapl kinda
01[15:11] {Threei}  will, whatever route you chose on your way back, do not drive past Cowichan lake
[15:12] {will49} why?
01[15:12] {Threei}  A driver was killed near #LakeCowichan after a rock from a passing logging truck flew through the windshield
01[15:12] {Threei}  this morning
[15:12] {nemo} golden bb
[15:12] {dino} gj scott
[15:13] {scottie} tks dino
01[15:13] {Threei}  that's why they write those books...
01[15:13] {Threei}  for us to trade by them
01[15:13] {Threei}  maybe I need to read some
[15:13] {scottie} can't short ANR, error 3599, anybody knows what that means?
01[15:14] {Threei}  try enter .40 offer
[15:14] {nemo} they don't have it in inventory
[15:14] {scottie} CC8 ?
01[15:14] {Threei}  if accepts it, it's an uptick rule
[15:14] {nemo} yeah
[15:14] {nemo} it's on uptick rule
01[15:14] {Threei}  stock is down more than 10%, uptick rule goes in effect
[15:15] {scottie} tks
01[15:15] {Threei}  does it take your .40 offer?
[15:16] {scottie} got it
01[15:17] {Threei}  when you try to short stock that is down 10% and more, use ARCA
01[15:17] {Threei}  it has better algorythm for such cases
[15:18] {scottie} good to know tks
[15:20] {dino} thg spike
[15:23] {will49} hotel check-out time! Good luck guys
01[15:23] {Threei}  drive safe will
[15:23] {scottie} have a nice safe trip will
[15:24] {will49} :D thanks
[15:24] {dino} cya will
01[15:24] {Threei}  frikin FOI rinsed us
01[15:24] {Threei}  FIO
[15:25] {cc_8} Emerging Markets Bond ETFs Showing Post-Election MettlePosted on: Wednesday, November 7, 2012 - 2:32pm
[15:25] {cc_8} As U.S. equities falter following the results of Tuesday's presidential election, one of this year's most popular asset classes is proving quite study: Emerging markets bonds.
[15:25] {dino} 07 green, rally
[15:26] {scottie} out USB -.08
[15:26] {cc_8} Obamacare Stocks Go Crazy in Wake of President's Re-ElectionPosted on: Wednesday, November 7, 2012 - 3:21pm
[15:26] {cc_8} Not surprisingly, insurance stocks are going crazy on Wednesday after President Barack Obama was re-elected in a decisive victory over Republican challenger Mitt Romney.
[15:27] {dino} lnc hl l .90
[15:29] {scottie} anr stpo .46 ?
[15:29] {scottie} stop
01[15:30] {Threei}  yeah
[15:33] {thomcbell} wow gdx 
01[15:37] {Threei}  meh
01[15:37] {Threei}  not our day
01[15:37] {Threei}  not a disaster but negative
[15:37] {scottie} enough of this, see you all tomorrow
01[15:38] {Threei}  you too scottie, we will get them tomorrow
01[15:38] {Threei}  we always do
[15:38] {Les} yeh off to bed here. c u's tomorrow
01[15:38] {Threei}  take care les
[15:55] {thomcbell} GS garbage 
[15:58] {Beau} vad, please note--did not gloat. Just quietly smiled .
[15:58] {Beau} modest like most texans
01[15:59] {Threei}  I appreciate it beau
01[15:59] {Threei}  gracious winners, not so sore losers :)
[15:59] {Beau} take care all
01[15:59] {Threei}  also... what to gloat about... 20T in debt in 4 years? :)
[15:59] {robbers} Take care.
01[15:59] {Threei}  we are all losers in that scenario
[16:00] {Beau} I'll keep that to see how accurate in Nov 2016.
[16:01] {Beau} good night.
01[16:01] {Threei}  thank you all
01[16:01] {Threei}  have a good evening, see you tomorrow


Tuesday, November 6, 2012

Nov 06 2012

Fairly decent day, even though slow. Catch of the day SLW short is total textbook:



Session Time: Tue Nov 06 00:00:01 2012
[08:50] {dino} gm
01[08:51] {Threei}  morning dino
[09:05] {ese} morning.........
01[09:05] {Threei}  ese :)
[09:05] {ese} hey vad
[09:08] {scottie} good morning
[09:08] {ese} scottie
[09:08] {scottie} ese
01[09:11] {Threei}  scottie :)
[09:11] {cipher} gm
01[09:11] {Threei}  cipher :)
[09:11] {ese} c
[09:13] {Les} afternoon
[09:13] {ese} hey les
01[09:15] {Threei}  les :)
01[09:17] {Threei}  FINAL National Tracking Poll: #Romney 49%, #Obama 48%
01[09:17] {Threei}  ummm... not exactly final, but I'll take it :)
[09:18] {ese} my polls say obama by a landslide
[09:18] {Les} u still using NASDAQ for routing vad?
01[09:18] {Threei}  you mean in your household?
01[09:18] {Threei}  mostly, yes
[09:19] {ese} no national poll
01[09:19] {Threei}  switching to ARCAZ when shorting stock that is down a lot
[09:19] {Les} ARCAZ?
01[09:19] {Threei}  -Z
[09:19] {Les} k
01[09:19] {Threei}  national in Canada ese? yup, 78%
01[09:20] {Threei}  15:15] {Threei} practically all countries in the world vote for obama
01[09:20] {Threei}  [15:16] {Threei} if he loses, you guys can easily auction him, export him to a winner and plug some budget holes
01[09:20] {Threei}  [15:16] {Threei} Canada, 78/12
[09:20] {Beau} good Democrat morning
01[09:20] {Threei}  beau :)
[09:20] {ese} the es pacific..the es central ..the es prarries...and es atlantic.....one friend in each 2 in central and prarries and they all vote obama..  6 out of 6
[09:26] {ese} hmmmmmmm 5min..............thought sure i was going to get raked over the coals for that last joke........
[09:27] {ese} tough crowd
01[09:27] {Threei}  meh... come tomorrow morning, you lose
01[09:27] {Threei}  btw, notice: you lose whoever wins election
01[09:27] {Threei}  Romney wins, you lost your election bet,
01[09:27] {Threei}  Obama wins, you lost your chance to economy to ever recover
[09:28] {ese} lol
01[09:28] {Threei}  so, considering such state if affairs, as merciful comrades we don't beat up on you today :)
[09:28] {ese} lol
01[09:29] {Threei}  (watch nemo puking at the word "merciful")
[09:30] {nemo} not in my vocabulary
[09:30] {Beau} wonder how long before we know for sure-days, weeks?
[09:31] {nemo} sure chad will be hanging around
[09:31] {robbers} Chad is well hung.
01[09:31] {Threei}  I guess depends on how close deciding ridings are
01[09:31] {Threei}  rofkl
[09:31] {nemo} well Dixeville Notch ended in a tie
[09:32] {Les} day begins well
01[09:32] {Threei}  may be over before central zone votes, ot may drag till Nov 17
[09:32] {ese} out btu .74 +.74 held it over night
01[09:32] {Threei}  wtg
[09:32] {ese} tks
01[09:33] {Threei} Short Setup: FCX  .55 break hl
01[09:33] {Threei}  If holds  .65
[09:35] {nemo} wow wtw just dropped 2 bucks in a nano second
01[09:35] {Threei} Short Setup: CAT  .35 break hl
[09:35] {nemo} I was thinking short too
01[09:35] {Threei}  If holds  .45
[09:36] {nemo} wow, anybody holding that long must have just defecated
01[09:36] {Threei}  Invalidated  FCX
01[09:36] {Threei}  no go cat
[09:38] {cipher} WTW L.40
01[09:40] {Threei} Short Setup: SLW  39 break
01[09:40] {Threei}  If holds  .10
01[09:40] {Threei}  not a scalp
[09:42] {cipher} out WTW .42 +1.02 thx nemo
01[09:42] {Threei}  wtg
[09:44] {ese} nice one c
[09:44] {cipher} ty
[09:45] {cipher} s wtw .48
[09:46] {cipher} cov .45 +.03 bummer
[09:47] {cipher} no hit on my bid @ .25
01[09:47] {Threei}  1:1
01[09:48] {Threei}  will try for 1:3
[09:50] {Les} scalping today ty
01[09:50] {Threei}  yw
01[09:50] {Threei}  guys, I have good news and bad news
[09:50] {nemo} ffiv
01[09:50] {Threei}  good: election noise will be over soon
[09:50] {Beau} romney conceded?
01[09:50] {Threei}  bad... this won't be over for a good while:
[09:50] {Les} hehehe
01[09:50] {Threei}  (IT) Italy 5-star movement leader Grillo: Italy cannot afford to stay in the Euro; Should have referendum
01[09:51] {Threei}  you wish beau :)
[09:51] {Les} oooh yeh I want italy back on the lira
01[09:51] {Threei}  Greece, Spain, Italy... this will obviously be dragged out as long as humanly possible
01[09:52] {Threei}  then power of extraterrestrials will be invoked
[09:52] {Les} Bernanke
[09:52] {dino} bsft hl l .91
01[09:52] {Threei}  you don't think he is human?
[09:53] {dino} out bsft .26,
[09:53] {dino} +.35
01[09:53] {Threei}  wtg
[09:53] {cc_8} Hearing Windows 8 Phones to Go on Sale in China in DecemberPosted on: Tuesday, November 6, 2012 - 8:48amNokia, HTC, and Huawei will launch five Microsoft (NASDAQ: MSFT) Windows Phone 8 smartphones in December
[09:53] {nemo} fslr the last couple of days, sheesh
01[09:53] {Threei} Short Setup: MON  .90 break hl
01[09:53] {Threei}  If holds  88
01[09:54] {Threei}  Invalidated
[09:54] {nemo} coal stocks are happy Romney must be winning
[09:54] {nemo} 4 more years of a Muslim COmmunist?
01[09:55] {Threei}  or it's their wishful thinking :)
01[09:55] {Threei}  MON, should have called 2-sided, eh
01[09:56] {Threei}  good boy SLW
01[09:56] {Threei}  1:2
[09:56] {dino} bsft hl l .85
01[09:57] {Threei}  this is actually a good election call:
01[09:57] {Threei}  PIMCO ?@PIMCO
01[09:57] {Threei}  Gross: Whew! It�s over. To the victor belongs the spoils of political power but to the US voter only continuing frustration will accrue.
[09:58] {Les} speaks his book bluntly
[09:58] {cipher} bsft l .87
[09:59] {dino} out bsft .09, +.24
01[09:59] {Threei}  wow MON
01[09:59] {Threei}  notice how SLW short works against SPY
[09:59] {nemo} 88.85 today
01[10:00] {Threei}  there was a good reason to label it "not a scalp"
[10:00] {cipher} out bsft .21 +.34
01[10:00] {Threei}  Oct ISM New York: 45.9 v 52.9 prior; 12-month low**Responces was collected before Hurricane Sandy and has no impact on its reading
[10:00] {nemo} slw could get to 38.10 or lower
01[10:01] {Threei}  nice recovery going there
06[10:01] * Threei slants at ese
[10:01] {cc_8} UPDATE: AOL Posts Upbeat Q3 Revenue Posted on: Tuesday, November 6, 2012 - 7:34amAOL (NYSE: AOL) reported better-than-expected third-quarter revenue. . . AOL's quarterly revenue came in at $531.7 million, beating analysts' estimates of $521.6 million.
[10:01] {dino} bsft pulp huh cipher?
01[10:01] {Threei}  SLW baby
[10:02] {dino} z hl l .80, stop .68
[10:02] {scottie} +.28 tks Vad
01[10:02] {Threei}  :)
[10:02] {ese} 3 slants noted
[10:03] {cipher} +.34 z thx dino
[10:03] {dino} out z .21, +.41
[10:03] {dino} np
[10:03] {cipher} pulp baby
[10:04] {ese} L tna .69
[10:05] {nemo} grind up day
[10:06] {ese} out tna .65
[10:06] {ese} -.04
[10:07] {ese} man ...that thing moves like grease lightning
[10:07] {ese} thought it wa gonna dive on me
01[10:08] {Threei}  visual: http://goo.gl/lbJSq
[10:10] {ese}  i remember that chart from your chart reading tutorial
01[10:10] {Threei}  :)
[10:11] {ese} which i will review again this weekend when i get some time
01[10:11] {Threei}  I think I have enough material to make an additional collection of charts
[10:12] {ese} i say go for it
[10:12] {Les} fcx break?
01[10:13] {Threei}  I think so
[10:13] {nemo} Len
[10:13] {Les} 3 mins says wait a little. I will watch
[10:14] {nemo} Les likes to watch
[10:14] {Les} not quite sure how to respond to that...
[10:15] {nemo} ;-)
[10:18] {scottie} SO l 45 if holds .35 ?
01[10:19] {Threei}  I'd really prefer short side on it
[10:19] {scottie} ok
01[10:19] {Threei}  long looks labored
01[10:19] {Threei}  contrived
[10:19] {scottie} Don't start talking like nemo
[10:20] {cc_8} Stocks Hitting 52-Week HighsPosted on: Tuesday, November 6, 2012 - 10:03amYahoo! (NASDAQ: YHOO) shares jumped 0.76% to create a new 52-week high of $17.50. Yahoo's trailing-twelve-month profit margin is 79.94%. .
[10:20] {nemo} frickin Phillistine
[10:21] {dino} cbm hl l .00
[10:23] {dino} out cbm .24, +.24
[10:23] {cipher} +.18 cbm thx dino
[10:23] {dino} gj
[10:23] {cipher} full lot though :)
[10:23] {cipher} I think I have enough
[10:23] {dino} sweet
[10:24] {cipher} cya tomorrow
[10:24] {cipher} thx for ideas
[10:24] {dino} take care buddy
01[10:24] {Threei}  take care cipher, gj
[10:24] {Les} ciao C
01[10:24] {Threei}  SO so dead
[10:24] {scottie} didn't take it
[10:25] {Les} .25 potential bounce time
01[10:25] {Threei}  why not
01[10:26] {Threei}  1:1
[10:26] {scottie} No particular reason, just didn't feel comfortable with it :(
[10:27] {nemo} cde
01[10:27] {Threei}  interesting
01[10:28] {Threei}  was very easy decision to me, and felt very natural
[10:30] {dino} z hl l .71
[10:30] {nemo} qcom interesting territory
01[10:31] {Threei}  1:2, over and out
[10:32] {dino} out z .97, +.26
[10:35] {nemo} esrx might be a short here
01[10:36] {Threei}  1:3, without me, but look at this move
[10:41] {Les} db in TNA looks good. Hindsight is 20/20
01[10:43] {Threei}  Harry Reid: �Mitt Romney�s fantasy that Senate Democrats will work with him to pass his �severely conservative� agenda is laughable�
01[10:43] {Threei}  good start
[10:45] {nemo} Black Panthers back at it in Philly
[10:45] {nemo} This just came across twitter feed
[10:45] {nemo} BREAKING! SEALS have arrived at polling places in Phillie where Black Panthers are intimidating voters! God bless our Navy SEALs!
[10:46] {nemo} boy would I love to be there to see that
[10:46] {nemo} probably BS though
[10:48] {nemo} stx sheesh
[10:51] {scottie} TEL l .40 ?
01[10:52] {Threei}  if holds above .35
[10:53] {nemo} http://blogs.denverpost.com/thespot/2012/11/05/hold-sweatshirt/85784/
[10:55] {scottie} in .42
[11:01] {nemo} .50 level getting interesting for ESRX
[11:02] {scottie} half out
01[11:05] {Threei}  :)
01[11:05] {Threei} Short Setup: FCX  40 break
01[11:06] {Threei}  If holds  .10
01[11:15] {Threei}  SPY foesn't cooperate
01[11:15] {Threei}  f=d
01[11:16] {Threei}  stopped
[11:25] {scottie} out TEL +.18
01[11:25] {Threei}  wtg
[11:25] {scottie} ty
[11:32] {scottie} QIHU l .30 if holds .20 ?
01[11:34] {Threei}  not sure
01[11:34] {Threei}  something's off with this one
[11:34] {scottie} ok, will leave it alone
01[11:34] {Threei}  can't quite put a finger on it
[11:35] {nemo} lunchtime
[11:36] {nemo} spy gonna' test 143
[11:37] {nemo} wow
01[11:37] {Threei}  what the deuce
[11:37] {nemo} testing 143
[11:37] {Les} OBAMA -WINS!!
[11:37] {nemo} MPP is here
[11:41] {Les} Fed hedge fund playing it's hand here :)
[11:42] {scottie} VIV s .55 ?
[11:43] {nemo} 143.70ish possible, that's where 50sma hanging out
01[11:43] {Threei}  can't tell
[11:43] {scottie} ok
[11:44] {nemo} 143.25 area major resistance
[11:52] {nemo} stx
[11:54] {dino} bcor hl l .60 stop .49
[11:55] {nemo} methinks the correction is over
01[12:05] {Threei}  no idea where these spikes are coming from
[12:05] {Les} "them"
01[12:05] {Threei}  oh
[12:06] {nemo} spy should go for a test of the 50 now
[12:06] {Les} Vad can you provide me with Laser screenshot u use please. need a comparitive look at this new thingy before me.
01[12:07] {Threei}  http://www.realitytrader.com/vad/Scr2.png
01[12:07] {Threei}  http://www.realitytrader.com/vad/Scr3.png
01[12:07] {Threei}  http://www.realitytrader.com/vad/Scr4.png
[12:07] {Les} ty
01[12:13] {Threei} Short Setup: FCX  .60 break
01[12:13] {Threei}  If holds  .70
01[12:44] {Threei}  1:1
[12:44] {nemo} esrx looks longer
01[12:47] {Threei}  got my revenge on FCX
01[12:53] {Threei}  anyone's breathing?
01[12:54] {Threei}  or you all left to vote
[12:54] {nemo} hi
01[12:54] {Threei}  you may not bother
[12:54] {Les} I voted for a few glasses of red to pass the time
01[12:55] {Threei}  meanwhile I've got a winning call
01[12:56] {Threei} Short Setup: LVS  .65 break
01[12:56] {Threei}  If holds  .70
[12:56] {nemo} i'd say two way on that one
01[12:58] {Threei}  could be...
01[12:59] {Threei}  not really jazzed about longs here
01[13:00] {Threei}  closest presidenatial race in almost 80 years
[13:01] {Les} .50 b/d fcx?
01[13:01] {Threei}  not sure
01[13:02] {Threei}  *(US) TREASURY'S $32B 3-YEAR NOTE AUCTION DRAWS 0.392%; BID-TO-COVER RATIO: 3.41 V 3.96 PRIOR AND 3.59 AVG OVER THE LAST 10 AUCTIONS- Indirect bidders take 25.1% of competitive bids; Direct bidders take 22.3% of competitive bids, Dealers take 48.7%. - 82.8% allotted at high - Median 0.377%, Low 0.303%
01[13:05] {Threei}  Victoria is ranked the 5th most romantic city in Canada
01[13:05] {Threei}  hmmm
[13:06] {nemo} there goes LVS, should test the fig
[13:06] {nemo} I think 45.40 possible if market moves again
[13:16] {Les} http://www.youtube.com/watch?v=cpP7b2lUxVE
[13:16] {Les} admiring Romney's foreign policy approach
[13:16] {Les} tongue in cheek of course
01[13:19] {Threei}  you guys are so weird in Europe
[13:19] {Les} :P
01[13:24] {Threei}  in your eyes Romney is a war monger but Obama is worthy of Nobel price for peace
[13:24] {Les} LOL you are so WRONG!!
01[13:25] {Threei}  me?
01[13:25] {Threei}  heh
[13:25] {Les} Obama's drone kill cowardice is well known here
01[13:25] {Threei}  look at all your Europena polls
[13:25] {Les} but politely ignoed
[13:25] {Les} ignored
[13:25] {scottie} CSC l .50 ?
01[13:25] {Threei}  if you could, you would have flew over in US to vote for him
[13:26] {Les} better the devil u know? Yeh probably
[13:26] {Beau} drone kill cowardice?
01[13:26] {Threei}  tough one scottie
[13:26] {scottie} ok
01[13:26] {Threei}  jumpy
[13:26] {Les} he's a marvel at signing kill orders by remote control beau
[13:27] {Les} leaves George Bush for dead
01[13:27] {Threei}  never mind beau, europenas have ther heads screwed up worse than anyone in US, lol
[13:27] {Les} pun intended
[13:27] {Les} :P
01[13:28] {Threei}  as far as I am concerned, if he does anything right, it's those drones
[13:28] {Beau} wish we had drones in Europe twice or Iraq etc
[13:28] {Les} whaaaaaaaaaaaaaat???
01[13:28] {Threei}  scottie... see what I mean?
01[13:28] {Threei}  exactly beau
01[13:29] {Threei}  give it some thoughts Les, will ya... instead of swallowing that propaganda
[13:29] {scottie} SO l .20 ?
01[13:29] {Threei}  yes
[13:33] {scottie} if holds .14 ?
01[13:33] {Threei}  yup
01[13:35] {Threei}  oh lord
01[13:35] {Threei}  (EU) Germany and Finland reportedly express concerns that the single bank supervisor may not ensure separation of the ECB roles as monetary authority- Recommends the increase in power of the supervisory board and limit the ECB's Governing council roles; Supervisory board must be allowed to make decisions without approval of the Governing council
01[13:36] {Threei}  - Major decisions taken by the supervisory council will require Governing council approval - National supervisories should be given the main roles to handle smaller financial institutions - Chief of the Supervisory Board should be given a 5 year term that is not renewable
01[13:37] {Threei}  IMO, all EU head figures should be given 5 years term... and some much longer
01[13:43] {Threei}  another Victoria honorable achievement: http://goo.gl/3BQJp
01[13:48] {Threei} Short Setup: MON  .55 break
01[13:48] {Threei}  never mind
01[13:51] {Threei}  Country running must be delegated to proctologists. They'll still do everything the same way but at least they'll do it professionally.
01[13:52] {Threei} Short Setup: MON  .55 break
01[13:52] {Threei}  hl
01[13:52] {Threei}  If holds  .65
[13:54] {Les} VMW
[13:54] {Les} never mind no second entry
01[13:55] {Threei}  MON is valid
[13:57] {dino} bsft lod, gap around 28
01[13:59] {Threei}  1:1
[14:04] {nemo} mon should be good to 89
01[14:04] {Threei}  I'll be happy with 1:3
01[14:05] {Threei}  1:2
01[14:10] {Threei}  1:3, out
[14:10] {nemo} why don't you hold a piece?
01[14:11] {Threei}  not enough shares to partial much
01[14:11] {Threei}  was a half lot play in a first place
01[14:11] {Threei}  anyone's trading those, or I am wasting my breath?
[14:11] {nemo} ahhhh
[14:12] {scottie} was away for a few minutes and missed it, great trade Vad
01[14:13] {Threei}  :(
[14:22] {dino} i effectively froze bcor
01[14:22] {Threei}  hehe
01[14:22] {Threei}  what power
[14:24] {nemo} tna looks long here
[14:25] {nemo} higher timeframes look higher
[14:33] {scottie} MRO l .80 ?
01[14:33] {Threei}  hmmm
01[14:33] {Threei}  50/50 between breakout and double top
[14:34] {scottie} ok
[14:37] {Les} shold short VMW .99 at 2pm, covered at 2:17 flat....kill me nemo
01[14:38] {Threei}  nemo??
[14:38] {Les} someone call 911
[14:39] {nemo} nah, cripple you for life
01[14:39] {Threei}  uh oh
[14:39] {Les} saddist
01[14:39] {Threei}  oh, whew
01[14:39] {Threei}  he is OK
[14:39] {nemo} sadist as in Marqis de Sade
[14:39] {nemo} Marquis
[14:39] {Les} don't get all frenchy on me ya kraut lover
[14:40] {nemo} wombatpoker
01[14:49] {Threei}  MRO starts looking like valid breakout at .80
[14:52] {scottie} Gotta go see you all tomorrow
[14:52] {Les} ciao scottie
[14:52] {scottie} les
[14:52] {Les} may all your dreams for president come true tomorrow...
01[14:53] {Threei}  take care scottie
[14:53] {scottie} tks Vad
[14:55] {nemo} wtf
01[15:00] {Threei} Short Setup: C  .40 break
01[15:00] {Threei}  If holds  .50
01[15:08] {Threei}  MRO was worth a fade eh
[15:08] {Les} was watching it hold support as indexes plunged. stopped looking after that
01[15:09] {Threei}  that holding support made me think long on a break
01[15:09] {Threei}  never triggered, then gravity took over
[15:18] {dino} bcor to .80
[15:20] {dino} out +.20 bcor
01[15:20] {Threei}  wtg
[15:21] {dino} took all afternoon
01[15:21] {Threei}  such are these last election cycle days
[15:42] {Les} c'mon vad belt this sucker
01[15:42] {Threei}  sorry, fell asleep
06[15:42] * Threei hits C over the head with 2x4
[15:42] {Les} I discovered 'Family Guy' today....
[15:43] {nemo} I'm speechless
[15:43] {Les} and here I thought the Simpsons lewd
01[15:44] {Threei}  lol
01[15:44] {Threei}  first 4 seasons were great
01[15:44] {Threei}  then it went downhill in a hurry
01[15:44] {Threei}  jokes became tasteless and not funny
01[15:45] {Threei}  outrageous for outragenousness sake
[15:45] {Les} OK will order some 2nd hand dvd's
01[15:46] {Threei}  "what the deuce" we use often here is Stewie's catchphrase :)
[15:47] {Les} I like to think of him as Nemo's brother
[15:51] {Les} tasteless and not funny... I get it
[15:55] {dino} brian the dog cracks me up
01[15:55] {Threei}  :)
[15:56] {dino} calling it a day, thx all
[15:56] {Les} cheers
01[15:56] {Threei}  time's running out
01[15:56] {Threei}  covering C breakeven
01[15:57] {Threei}  OK guys... good evening, let's see how the drama resolves
01[15:57] {Threei}  see you tomorrow!
[15:57] {Les} cheers

Monday, November 5, 2012

Nov 05 2012


Very very inactive day with low volume and almost non-existing patterns. Gotta wait out this election/Greece stalemate.

Session Time: Mon Nov 05 00:00:00 2012
01[09:05] {Threei}  (GR) Dealer chatter circulating that the Greek Justice Minister Roupakiotis (Democratic Left member) will not sign off on austerity measures and that he may be forced to resign- Refusal to sign the measure would complicate the situation in Greece
01[09:05] {Threei}  German press report noted that ECB treated �18B in Spain bills too generously when used as collateral by banks, did not apply large enough haircuts and broke its own rules
01[09:07] {Threei}  [EBAY] Anonymous hackers claim they have gotten ahold of 28,000 PayPal passwords
[09:09] {scottie} good morning
06[09:09] * Les slaps Nemo with a bambi in rigor mortis
01[09:10] {Threei}  scottie :)
01[09:10] {Threei}  lol les
01[09:10] {Threei}  good one to start the day
[09:11] {nemo} nice one
[09:11] {nemo} my back is still out, so no bambiwhacking
01[09:12] {Threei}  I heard bambies petition nearest farmacy to keeo them from selling back pain medication
[09:12] {Les} hehehe
[09:13] {Les} still no account
[09:13] {Les} scottie been grabbing great setups
[09:13] {Les} so gonna reconfigur to get intelliscan up somewhere
[09:17] {Les} hadn't seen the damage done to AAPL Friday
[09:21] {Will49} Good Morning
01[09:21] {Threei}  will :)
[09:27] {ese} morning......reading the news and almost forgot to log on......
[09:27] {Will49} Hey ese
01[09:27] {Threei}  ese :)
[09:27] {ese} vad will
[09:27] {nemo} for some reason reminds me of the joke, "If I promise to miss you, will you promise to go away?"
[09:28] {ese} anything new in trading land........is Les making a market in Alp Horns yet
[09:28] {ese} lol
01[09:28] {Threei}  nothing new ese, Greece is still in tatters
[09:29] {ese} reminds me of a country tune "How can I say goodbye If You Won't Leave"
[09:30] {nemo} now there is a genre that has morphed over the years
[09:31] {ese} definitely....more market share than rock and pop
[09:31] {cc_8} who made the joke up
[09:31] {nemo} but is more like rock these days than country
[09:32] {nemo} saw Steven Tyler doing Aerosmith tunes on the country channel the other day...sheeesh
01[09:32] {Threei} Short Setup: FCX  .20 break hl
[09:32] {ese} ya ...the country guitar players are using more distortion than the rock guys
01[09:32] {Threei}  If holds  .30
01[09:33] {Threei}  no go
[09:33] {nemo} was that a no-worky or an invalidated
01[09:35] {Threei} Short Setup: LVS  .70 break
01[09:35] {Threei}  If holds  .80
[09:38] {Les} CAT
01[09:38] {Threei}  target 1:2
01[09:39] {Threei}  SPY is jumpy
01[09:40] {Threei}  1:1
[09:41] {scottie} +.19 tks Vad
01[09:41] {Threei}  :)
01[09:41] {Threei}  that was very quick dive to 1:2
01[09:41] {Threei}  had to have order laid out to get a fill
01[09:41] {Threei}  but it's there again
[09:42] {Les} sbux?
[09:42] {Will49} Tks vad 1:2
01[09:43] {Threei}  yw
01[09:43] {Threei}  SBUX is double top, but no clear resistance to place stop
[09:43] {Les} ok nice death LVS
[09:44] {scottie} aig l .50 ?
01[09:44] {Threei}  yes
01[09:44] {Threei}  unless SPY drop destroys .40 as support
[09:45] {nemo} think aig tests 32, and then the 200 around 31.50ish
01[09:45] {Threei}  thought of 1:3 target to LVS, but market was too jerky, decided to stay on conservative side
[09:47] {scottie} invalidated aig
01[09:47] {Threei}  yup, invalidated
[09:47] {Beau} good morning
01[09:47] {Threei}  wow LVS
[09:47] {ese} B
01[09:47] {Threei}  can we have our position back?
01[09:47] {Threei}  beau :)
[09:47] {nemo} should bounce by .75
[09:49] {Les} sbux dbi here?
[09:49] {ese} L btu .175
[09:49] {Les} .06 is pivopt resistance
01[09:49] {Threei}  no, I'd leave it alone
[09:50] {Les} k
01[09:51] {Threei} Short Setup: SLW  .95 break
01[09:52] {Threei}  If holds  .05
01[09:53] {Threei}  1:1
[09:56] {ese} btu stop to break even
[09:57] {Les} wow RIG
[09:58] {ese} love these situations were your playing with free money..........it's someone coming up to you and say.."heres some spare change ..go buy yourself a Maseratti.." "it's on me"
[09:58] {nemo} .75 level BMRN
01[10:00] {Threei}  1:2
[10:00] {ese} opps
01[10:00] {Threei}  *(US) OCT ISM NON-MANUFACTURING COMPOSITE: 54.2 V 54.5E
[10:00] {Les} good call on sbux
01[10:01] {Threei}  that was rather easy
[10:01] {Les} consolidating u say
[10:01] {Les} ?
01[10:01] {Threei}  look at SPY at 9:42 and next 5 min
01[10:01] {Threei}  big sudden drop
01[10:01] {Threei}  look at SBUX
[10:02] {Les} ah ok
01[10:02] {Threei}  didn't even lose closest support
01[10:02] {Threei}  if it doesn't drop when market falls like this, what would possibly be the reason for it to drop?
[10:02] {ese} Les......i'm expecting to make big money on your advice about any company that markets Alp Horns.......just say the word and i'll buy the stock
[10:05] {Les} expecting the return of fascism ese?
[10:05] {Les} they really are a nationalist's instrument of choice
[10:05] {ese} perfect..........
[10:05] {Les} for parochial, narrow minded Switzerland for the Swiss type people.
[10:05] {Les} lol
[10:06] {nemo} clf
[10:09] {ese} hmmmmmm.....to take my .08 btu profit or not......hmmmmmmmm
[10:09] {Will49} there goes the Maseratti
[10:10] {nemo} guys, it's "Maserati"
[10:10] {ese} be a while before i can afford the Maseratti at this rate for sure
[10:10] {Will49} I'm not Italian
[10:10] {nemo} bunch of frickin' illiterates
[10:10] {ese} me neither
[10:10] {ese} but
[10:10] {Will49} frickrn has a g at end
[10:10] {ese} ah wait..........
[10:10] {nemo} actually, an apostrophe
[10:11] {ese} yes...it looks like that maserati is getting closer
[10:12] {ese} btu stop to .23
[10:13] {ese} hmmmmmmmm....don't think the $250 dn payment is gonna do it
[10:14] {Will49} maybe a 184 Maserati
[10:14] {Will49} 1984
[10:14] {ese} nemo can i borrow your Ferrari?
[10:14] {ese} wanna get a feel for this type of vehicle
[10:14] {nemo} sorry dude...Lamborghini man
01[10:15] {Threei}  nemo is extremely environmentally conscious ese... he drives Prius
[10:15] {Les} bwahahahaha
01[10:15] {Threei}  and carpools
[10:15] {nemo} Yeah, I drive it out to the end of the rifle range
[10:16] {nemo} CAM strong
[10:16] {nemo} mmmhhhh, spy looks long above .10
01[10:16] {Threei}  I have one election prediction to make
[10:16] {nemo} Perot won't win?
01[10:17] {Threei}  Wed morning 48% of the country will wake up extremely disappointed
[10:17] {Les} why 48?
[10:17] {ese} lol
01[10:17] {Threei}  tat's what polls say :)
[10:17] {Les} for both?
01[10:17] {Threei}  yup
[10:18] {Les} 4% swinging idiots
01[10:18] {Threei}  no
01[10:18] {Threei}  4% don't know the names of the contenders
[10:18] {Les} hehehe
[10:19] {Les} http://www.youtube.com/watch?v=0YOh-rpvjYg
01[10:20] {Threei}  and if you think I am joking, watch that street interview by Howard stren
[10:21] {cipher} tna l. 61
01[10:21] {Threei}  http://goo.gl/BsI2L
01[10:22] {Threei} Long Setup:  SLW  .05 break
01[10:22] {Threei}  If holds  39
[10:22] {ese} ok....plus .40ish.......now were takin dino territory
[10:23] {Will49} nice one on btu ese
01[10:23] {Threei}  wtg
[10:24] {cipher} lvs l .42
[10:26] {cipher} cat l .27
[10:26] {cipher} out 1/2 tna .91 +.30
[10:26] {ese} tks will
[10:29] {nemo} unh
[10:30] {nemo} like ctxs short below .80
[10:30] {Les} bullish divergence 3 min lvs
[10:31] {nemo} think it needs to test the whole but could go back to the 50sma at .75 first
[10:31] {nemo} Having said that mybuddy's algo has a persistent offer on LVS
[10:31] {ese} am outta here all..............got that down payment in.........i mean the stop loss on the maseriti at .25....see what happens end of day...have a good one cya tomorrow
[10:31] {nemo} as a matter of fact, it's the #1 weak stock
[10:32] {Will49} be good ese
[10:32] {Will49} he hung up on me
01[10:33] {Threei}  that's being good as he sees it
[10:33] {Will49} meh
[10:33] {Les} ciao ese
01[10:33] {Threei}  SLW... did you have to invalidate the trade by 2 cents?
[10:35] {cipher} out 1/4 more tna .01 +.40
[10:35] {cipher} out 1/2 lvs .62 +.20
[10:36] {nemo} might as well go for the vwap on lvs
[10:36] {cipher} out cat .37 +.10
[10:37] {cipher} what's vwap on lvs?
[10:38] {nemo} just below 45
[10:39] {cipher} thx nemo
[10:39] {nemo} this is right about where the 50 day is
[10:40] {cipher} out last piece tna .11 +.50
[10:41] {cipher} out rest lvs .90 +.48
[10:41] {Will49} nice trading cipher
[10:41] {cipher} ty
[10:41] {cipher} done for the day
[10:41] {cipher} cya tomorrow
[10:41] {Will49} I guess
[10:42] {Les} ciao c
01[10:46] {Threei}  take care cipher
[10:46] {nemo} could short lvs here with stop above the whole
[10:54] {nemo} grind up, yahoo
[10:56] {scottie} so s .75 if holds .80 ?
01[10:57] {Threei}  yes
01[10:57] {Threei}  lol
01[10:57] {Threei}  took me a few to understanfd that SO is stock symbol
[10:57] {scottie} lol
01[10:57] {Threei}  sounded like... soo... short .75? :)
01[10:57] {Threei}  let's capitalize them
01[10:57] {Threei} Short Setup: LVS  .85 break
01[10:57] {Threei}  aww, late
01[10:58] {Threei}  second chance
01[10:58] {Threei}  If holds  .95
[11:04] {scottie} SO too fast
01[11:04] {Threei}  so so fast
[11:04] {scottie} :)
01[11:04] {Threei}  1:1 LVS
[11:04] {nemo} 142 is the weekly pivot on spy, likely going there
01[11:08] {Threei} Long Setup:  GLD  .15 break
01[11:08] {Threei}  If holds  .05
01[11:12] {Threei}  SPY almost stopped trading
[11:13] {Les} nicely done on lvs
01[11:13] {Threei}  no go GLD
[11:14] {scottie} LVS +.18 tks
01[11:14] {Threei}  yw
[11:17] {Les} lvs 1:4 incredible
[11:20] {cc_8} Shares of Jack in the Box (NASDAQ: JACK) have enjoyed a fairly strong rally in 2012, trading up from near $21 at the start of the year to just over $26.30 on Friday.
[11:23] {nemo} why lvs incredible I said you could short against 45  and it will likely test 44, it broke it's 50 day
[11:24] {Les} that it's playing so nicely dude
[11:25] {Les} ah ok the daily makes sense
[11:26] {Les} from the daily it makes sense
[11:26] {scottie} STT .50 if holds .45 ?
01[11:27] {Threei}  I thiknk so
[11:28] {scottie} in .52
[11:34] {scottie} out -.09
[11:36] {scottie} Vad, should have I waited for the break of .53 on that one, or break of .50 was correct ?
01[11:39] {Threei}  nah, .50 was valid trade
01[11:39] {Threei}  just didn't work, that's all
[11:39] {scottie} tks
01[11:39] {Threei}  SPY reversed sharply
01[11:39] {Threei}  not every loss is a lesson to avoid
01[11:40] {Threei}  some are just tribute to gods of uncertainty
[11:43] {scottie} ANV s .50 if holds .60 ?
01[11:44] {Threei}  ptrobably two-sided
[11:44] {scottie} tks
[11:47] {scottie} in .48
01[11:51] {Threei}  grrr
[11:51] {scottie} out -.14
[12:01] {nemo} scottie having a bug day
[12:03] {Les} watching RIG and .23/.20 level
01[12:03] {Threei}  having a bug day once in a while is a requirement
[12:03] {Les} vwap is here .27
01[12:03] {Threei}  no good trader can live without those
[12:05] {Les} Vad, rig .20 b/d?
01[12:07] {Threei}  looks right to me
[12:07] {Les} higher time frames appear aligned
[12:09] {Les} paper trade only
[12:11] {Les} 1:1
01[12:14] {Threei}  nice one
[12:15] {Les} ty
[12:21] {Les} 1:3
[12:22] {Les} that's what I like
[12:22] {Les} that's logged for archives
[12:28] {Les} LVS is way way out of bb's in hourly and approaching 44
01[12:29] {Threei}  on 1 min there is nothing urgent
01[12:29] {Threei}  most likely breakdown and another leg down
[12:30] {Les} some capitulation vol. would be nice
01[12:32] {Threei}  here is my breakdown
01[12:32] {Threei}  (EU) Spain Fin Min De Guindos: Will request a bailout when the time is right, no country is pressuring Spain to get a bailout; Spain wanted to see a Spanish candidate for ECB seat, OMT bond buying program has reduced yields
01[12:32] {Threei}  lol
01[12:32] {Threei}  Will request a bailout when the time is right
[12:32] {Les} Monty Python at its finest
01[12:34] {Threei}  to quote Sunday Links e-mail,
01[12:34] {Threei}  ask me to rescue you finally before you drown!
01[12:35] {Threei}  Oh wait, rescuer is not much of a swimmer himself
[12:35] {Les} lol was about to question that 2nd part...
01[12:36] {Threei}  you don't get our sunday e-mail?
01[12:36] {Threei}  #Ohio: #Romney 49%, #Obama 49%
[12:37] {Les} ah no I didn't see you added text
[12:37] {Les} I just saw the email and popped by the website afterwards
01[12:38] {Threei}  well, sometimes we write clever things in it
[12:38] {Les} didn't see that you've added info in the email itself
01[12:38] {Threei}  more often we just think they are clever though
[12:38] {Les} profits on greek debt? Are they joking?
[12:40] {Les} good. the account's ready
[12:40] {Les} quitter nemo
[12:49] {scottie} CRUS s 32 ?
01[12:49] {Threei}  half lot
[12:51] {scottie} once again, too fast
[12:51] {Will49} whoa
[12:52] {Les} nice
01[12:52] {Threei}  that's why half lot... imagine being on a wrong side of such move
[12:52] {scottie} Can't see it drop, I got tears in my eyes
[12:52] {Will49} lol
[12:53] {Will49} sorry scottie, I meant boo hoo
[12:54] {scottie} lol
[12:54] {Will49} capitulation Vad?
01[12:54] {Threei}  yes
01[12:55] {Threei}  .65 break worth trying
01[12:56] {Threei}  :)
[12:57] {scottie} hesitation, missed it on the upside too :(
[12:57] {Les} might head back to 32 and higher
[13:04] {scottie} HUM l 75 ?
01[13:04] {Threei}  even smaller than hl
[13:07] {scottie} no
[13:12] {Les} wow lvs
[13:40] {scottie} THC l .60 ?
01[13:40] {Threei}  yes but I'd really prefer pul.lback entry
01[13:40] {Threei}  closer to .50
[13:40] {scottie} tks
[13:47] {scottie} in .62
[13:50] {scottie} thought you'd love that stock will
[13:51] {scottie} THC is what BC flags are made of
01[13:51] {Threei}  lol
[13:51] {Will49} sorry scottie, was watching a couple of paper trades
[13:51] {Will49} oh i get it now....little slow this morning
[13:53] {Will49} i hand nemo an opening and he's sleeping
[13:56] {scottie} half out
[13:57] {scottie} finally, one that's working
[14:04] {scottie} Stop .64
01[14:04] {Threei}  :)
[14:11] {nemo} that was fun...computer malware
01[14:12] {Threei}  wow
01[14:12] {Threei}  virus?
[14:12] {nemo} malware...my nephew dowloads games, dowloaded the claro toolbar...pain in the ass
01[14:13] {Threei}  yikes
[14:13] {nemo} took care of it
01[14:13] {Threei}  just wait till he gets into whole porn thingy...
[14:14] {nemo} I'll get him his own computer
[14:15] {nemo} mon looks good here with .50 as support
[14:18] {scottie} out
[14:18] {nemo} like that volume spike on MON there we go
[14:18] {nemo} this is going at least to the number
[14:19] {nemo} think 88.30 is a good possiblity
[14:31] {nemo} mjn very interesting level
[14:32] {nemo} partialed .96, should go to .30 next
[14:32] {Will49} nice to watch that one nemo
[14:32] {Beau} nemo your MON was a good one
[14:33] {nemo} it's bee3n strong all day then you can see that resistance at .50 break, drop and rebid of the level, made for good support
[14:34] {nemo} stop .90ish
[14:40] {nemo} stop to the whole
[14:40] {nemo} hfc
[14:41] {nemo} this is another one
[14:44] {nemo} cmon mon
[14:44] {nemo} that's not me speaking with a jamaican accent
[14:47] {nemo} next partial .26
[14:52] {nemo} mmmhhhhhh....thinking stop under .10
[15:00] {nemo} frickin mon
[15:04] {thomcbell} wow that was quick
01[15:05] {Threei}  wow
01[15:05] {Threei}  tbell, welcome back
01[15:06] {Threei}  you OK?
[15:09] {thomcbell} just no power until yesterday - i live in northern nj and there were tons of trees and power lines down
[15:09] {thomcbell} all things considered me and my family are more than fine
[15:09] {thomcbell} thanks for asking
[15:09] {Will49} good to hear tbell
[15:09] {robbers} Glad to hear it.
01[15:09] {Threei}  thought that power was the problem, but didn't know how you were
01[15:10] {Threei}  good everything's OK
01[15:10] {Threei}  you and cipher were out for days but he got back online faster
01[15:12] {Threei}  who wrote this headline, I want to know:
01[15:12] {Threei}  Pot watchers in B.C. focus on legalization votes in Washington and other states
01[15:12] {Threei}  Read more: http://www.theprovince.com/watchers+focus+legalization+votes+Washington+other+states/7496880/story.html#ixzz2BNgYUbwk
01[15:12] {Threei}  pot watchers...
01[15:13] {Threei}  and look at that flag, lol
[15:14] {Will49} I'm watching :)
01[15:15] {Threei}  practically all countries in the world vote for obama
01[15:16] {Threei}  if he loses, you guys can easily auction him, export him to a winner and plug some budget holes
01[15:16] {Threei}  Canada, 78/12
[15:21] {robbers} I'm bailing out for the rest of the day, celebrating that I have electricity by turning on all the lights.  See you guys in the morning.
[15:21] {Will49} light up your life robbers
01[15:22] {Threei}  take care robbers
01[15:26] {Threei} Short Setup: RGR  44 break hl
[15:28] {scottie} That's it for me guys, see you all tomorrow
01[15:28] {Threei}  take care scottie
[15:28] {Will49} see ya scottie
[15:28] {scottie} Tks Vad
[15:28] {scottie} will
[15:32] {Will49} Have to run also. Off tomorrow-back Wed
01[15:33] {Threei}  will :)
01[15:41] {Threei}  another low volume day
01[15:50] {Threei}  ok guys, thank you all
01[15:50] {Threei}  have a good evening, see you tomorrow
[15:50] {Les} thanks vad. tomorrow