Jan 30 2013

FOMC days are rarely easy but this one worked fine. Would have been even better if we hadn't closed last RIMM short prematurely. We've decide to be patienter tomorrow. And grammarer.


Session Time: Wed Jan 30 00:00:00 2013
[08:23] {cipher} gm
01[08:48] {Threei}  cipher :)
[08:52] {jdetente} Good morning!
01[08:53] {Threei}  jd :)
[09:00] {dino} gm
01[09:05] {Threei}  dino :)
[09:16] {ese} morning
01[09:16] {Threei}  ese :)
[09:16] {ese} D day for rimm............
01[09:16] {Threei}  yes...
[09:16] {_bbobr} gm
01[09:17] {Threei}  I have my suspicion about how it's going to go
01[09:17] {Threei}  bbobr :)
[09:17] {ese} i'd like to see it do well........being a canadian company and all
[09:17] {ese} bb
01[09:18] {Threei}  I'd like too, mostly because I don't like AAPL and iEverything
[09:18] {scottie} good morning
01[09:18] {Threei}  but I am afraid RIMM lost its way for real and forever
01[09:18] {Threei}  scottie :)
[09:18] {ese} ya.......i'm getting that way as well......even though i'm on apple
[09:19] {ese} scottie
[09:19] {scottie} ese
01[09:19] {Threei}  see? why are you not on BB, even though it's canadian company and all :)
[09:19] {ese} maybe........at least it's not crooked like Nortel was.......
01[09:20] {Threei}  well... let's hope it's not
01[09:20] {Threei}  we might still find out later, lol
01[09:22] {Threei}  US economy shrinks 0.1% in 4th quarter, 1st time in 3-1/2 years
[09:22] {ese} hmmmmmmm
01[09:22] {Threei}  which takes us back to that debate...
01[09:22] {Threei}  here is my verdict:
01[09:23] {Threei}  the growth optimists pointed to was never there for one simple reason which is:
01[09:23] {Threei}  you can't BUY growth
01[09:23] {Threei}  and what was done by Fed and govt over these years was just that, attempt to buy it
01[09:24] {Threei}  you inject money - economy grows,
01[09:24] {Threei}  you stop injecting it - grows disappears,
01[09:24] {Threei}  and what you left with is...
01[09:24] {Threei}  your cue, ese
[09:24] {ese} lol
01[09:24] {Threei}  here, let me help:
01[09:24] {Threei}  DEBT
01[09:25] {Threei}  ever growing debt with no economy growth
01[09:25] {Threei}  private sector crowded out by goverment
01[09:25] {Threei}  interest payments that will explode when rates rise
01[09:26] {Threei}  and bond investors looking at all this hoopla with growing fear
01[09:26] {Threei}  which will trigger rates rise when finally materializes.
01[09:26] {Threei}  Tell me again how Fed action saved us
[09:30] {dptl} gm
01[09:30] {Threei}  dp :)
01[09:30] {Threei} Short Setup: FB  .90 break
01[09:30] {Threei}  If holds  31
01[09:32] {Threei}  meh
01[09:34] {Threei} Short Setup: FCX  .45 break
01[09:34] {Threei}  If holds  .55
[09:34] {ese} nice........new facebook stalking app..............wonder if that will sink the company........all his other stupid moves haven't maybe this one will
01[09:35] {Threei}  stalking ap?
[09:36] {cipher} cost l .56
[09:36] {cipher} out .69
01[09:36] {Threei}  FCX two-sided
[09:37] {ese} what in H is he thinking..............ya vad.......brand new facebook graph searches
[09:38] {ese} have a read vad:   Actual Facebook Graph Searches blog highlights creepy results by John Bowman Posted: January 23, 2013 2:19 PM Last Updated: January 23, 2013 2:29 PM Read 32 comments32 Categories: Community, Science & Technology
[09:38] {dino} f l .13
[09:39] {dino} e sm l .66
01[09:39] {Threei}  it's uselless crap, IMO... but stalking app? you can call any search tool that to the same degree
01[09:40] {Threei}  FCX 1 cent to 1:1
01[09:40] {Threei}  let's trail to .49
01[09:41] {Threei}  experiment, ese... google your name
01[09:41] {Threei}  see what comes up
[09:41] {ese} Facebook's informational page about the new service includes examples showing how Graph Search works. Instead of searching for words and phrases, Facebook Graph Search allows you to search your Facebook network using categories such as "Music my friends like" or "Photos before 1980."
01[09:41] {Threei}  1:1
01[09:41] {Threei}  half out
[09:42] {ese} You can also refine searches and link them together to find things like "Photos of my friends in New York," "Restaurants in London my friends have been to," or "People who like Cycling and are from my hometown."
[09:43] {ese} how bout this one:"all of my married co-workers who liked photos of women in bikinis"
[09:43] {cipher} FIRE L .26
[09:44] {ese} OR.......and you can let your imagination run after this:"people within five miles of X who have posted photos of toddlers"
[09:44] {cipher} out fire .58
[09:44] {ese} This article is avery interesting read...........am not on facebook and this just sealed it
01[09:44] {Threei}  you realize of course that all that is simply a tool for seeing what people themselves posted online?
01[09:45] {Threei}  you don't want it to be public - you don't post it
01[09:45] {Threei}  you posted it - you made it public
01[09:46] {Threei}  I am on FB, I post only things I don't mind to become visible
01[09:46] {Threei}  someone can search for thwm - I am glad, that's what I posted them for
01[09:47] {Threei}  there are people who bought my photos after seeing them on FB
01[09:47] {Threei}  ditto for trading courses
01[09:47] {Threei}  second half FCX stopped on a rail
01[09:47] {Threei}  trail
[09:47] {ese} for sure...........what stuns me is why most people want thenselves to be public like that...............what are they looking for?  I can't figure that part out.
01[09:48] {Threei}  sure, that's idiocy
01[09:48] {Threei}  but how is it a fault of search tool?
01[09:48] {Threei}  again, google your name
[09:48] {cipher} CTXS L .84
01[09:48] {Threei} Long Setup:  SLW  .30 break
[09:49] {cipher} out ctxs .09
[09:49] {thomcbell} lvs acts like garbage
01[09:49] {Threei}  If holds  .25
[09:50] {dino} prxl hl l .85
[09:50] {ese} being public is scary to be honest..........I run 2 programs that are very public here with a reputation and in the last 4 years......i'm getting people recognizing me all over the place.....ie signed up with a new dentist yesterday........the dentist recognizes me from a show we did for her collegues last summer
[09:51] {cipher} tcbi l.40
[09:52] {ese} it takes you a back a little............it now happening a couple of times a week........it's a little unsettling to be honest
[09:52] {ese} actually...........i just say i know you vad to deflect all that attention to you
01[09:53] {Threei}  give them my FB page and tell them to buy my photos {GG}
01[09:53] {Threei}  http://photography.realitytrader.com/2013/01/best-of-2012.html
[09:53] {ese} actually...........lol
[09:53] {ese} i've done that.........tried to put people onto your photos
01[09:53] {Threei}  LVS, watching for short into bounce
[09:54] {dino} prxl stop -.30
[09:54] {cipher} tcbi stopped .39 -.01
01[09:55] {Threei} Long Setup:  RIMM  .15 break
01[09:55] {Threei}  If holds  .10
[09:56] {thomcbell} what time is the rimm presentation Vad?
01[09:56] {Threei} Short Setup: LVS  .20 break
[09:56] {ese} come!!!!!! on!!!!!! swks..............still L there .38..........this is the last day i'm going to hold it.............it works or it doesn't
01[09:56] {Threei}  If holds  .25
01[09:57] {Threei}  10 EST start, tbell
[09:57] {cipher} veco l .01
01[09:57] {Threei}  RIMM 1:1
01[09:58] {Threei}  formally speaking it's 1:2, but... :)
[09:58] {dino} prxl rinsed
[09:58] {cipher} out veco .13
01[09:58] {Threei}  (CA) Canada PM Harper: tax rates must remain low in Canada
[09:58] {ese} good
01[09:58] {Threei}  don't you dare badmouth him, ese {G}
[09:58] {thomcbell} what were you seeing there on lvs vad ?
[09:59] {ese} lol
01[09:59] {Threei}  you love Obama, you move south
01[09:59] {Threei}  out RIMM in full
01[09:59] {Threei}  .36
[09:59] {thomcbell} excellent rimm vad
[09:59] {ese} no problem.........am not going to jeopordize the shiskabob party
01[09:59] {Threei}  not too shabby for 6 cents risk
[10:00] {ese} thats barbecue suicide.............
01[10:00] {Threei}  just looking for reversal into sharp spike, tbell
[10:00] {cc_8} Among the companies with shares expected to actively trade in Wednesday’s session are Amazon.com Inc. (AMZN), Copano Energy LLC (CPNO) and Chesapeake Energy Corp. (CHK).
01[10:00] {Threei}  .20 is important level
[10:00] {ese} or drinking vodka with dp
01[10:01] {Threei}  probing above it and losing it is a short signal
[10:01] {ese} pure lunacy is what that would be
01[10:01] {Threei}  not very pronounced one but risk is small
01[10:02] {Threei}  ILLINOIS POSTPONES $500 MILLION BOND OFFER
01[10:03] {Threei}  wow, out too soon, RIMM
01[10:05] {Threei}  I even switched to CNBC to watch it
01[10:05] {Threei}  sholuld also be at CNN.com/live
01[10:06] {Threei}  1:1 FCX
01[10:06] {Threei}  umm
01[10:06] {Threei}  LVS
[10:06] {scottie} fcx +.10 tks Vad
01[10:06] {Threei}  lol
01[10:06] {Threei}  KVS you mean
01[10:06] {Threei}  LVS
[10:07] {dptl} s..missed exit lvs
01[10:07] {Threei}  here it is again
[10:07] {scottie} lvs yes lol
01[10:07] {Threei}  :)
01[10:09] {Threei}  you ok now, dp?
[10:09] {thomcbell} fio squeezable
01[10:10] {Threei}  FIO: tbell, that's private...
[10:11] {dptl} out half ye ..ty
[10:11] {thomcbell} lol
[10:11] {thomcbell} i like it long - no def setup there per your method vad but im long looking for 20.40
01[10:13] {Threei}  I guess one can make case for 20 break
01[10:13] {Threei}  I personally will stay awasy but it's a valid setup
01[10:14] {Threei}  "awasy" is "away" said with strong russian accent and dead drunk
[10:17] {dptl} i am out lvs
[10:17] {jdetente} and not a second too soon
01[10:17] {Threei}  no kidding
[10:18] {jdetente} had a trailing at .18...whew
01[10:18] {Threei}  good thing to have a method and follow it with no second guessing
01[10:18] {Threei}  or that thing, umm, how do you csll it
01[10:18] {Threei}  "thinking"
[10:19] {thomcbell} yes - that being said FIO setup was INVALIDATED TOM
[10:21] {scottie} BP s .20 if holds .25 ?
01[10:22] {Threei}  looks right to me
01[10:22] {Threei}  SPY weakens
[10:24] {ese} L rimm .40
[10:26] {scottie} BP two-sided ?
01[10:27] {Threei}  I'd stay with short side if triggers and ignore long
[10:27] {scottie} tks
01[10:27] {Threei}  BB10 makes appearance
[10:28] {cipher} idcc l .05
[10:28] {ese} rimm stop is .12
01[10:28] {Threei}  RIMM changing corporate name to Blackberry
[10:28] {ese} this is the 5th time it's bumped up against .40 now...............one of these days Alice!
01[10:29] {Threei}  trading symbiol will be BBRY
[10:29] {cipher} vrtx .68
[10:29] {ese} interesting
01[10:29] {Threei}  Research in Motion Ltd CEO: Blackberry 10 (BB10) allow better multitasking, moving from app to app without hitting home button - BB10 launch presentation- Blackberry secure network will keep the user continually connected to their personal data. - BB10 is the "starting line, not the finish line." - CEO shows two phones models, including 1 with a visible keyboard
[10:29] {ese} am i gonaa be stopped
[10:30] {ese} yup
[10:30] {ese} .13
[10:30] {ese} what the heck is that all about
01[10:31] {Threei}  anti-climatic
[10:31] {cipher} out vrtx .89 +.21
[10:31] {ese} wow tankola
[10:32] {ese} didn't think a name change could be that devastating
[10:32] {ese} :D
[10:33] {dptl} cof long?
[10:33] {ese} or should that have been ;)
01[10:33] {Threei}  can't tell COF
01[10:33] {Threei}  it's not name change
01[10:34] {Threei}  it was widely expected and advertised event, there had to be a lot of people going long for that
01[10:34] {Threei}  now that it's here, why hold?
[10:34] {ese} for sure
01[10:34] {Threei}  they exit
[10:34] {ese} sell the news........
01[10:34] {Threei}  there is nothing revolutionary in presentation
[10:34] {ese} was just kidding about the name change
01[10:34] {Threei}  "it's beautiful" CEO says
[10:35] {cipher} out idcc .09 +.04
[10:35] {ese} what is........
01[10:35] {Threei}  yeah... so is iToaster, sASamsung, and Kate Upton
[10:36] {ese} like irealitytrader
01[10:42] {Threei}  that's brutal selling
[10:42] {jdetente} RIMM taking it in the shorts
[10:43] {dino} kmr hl l .20
01[10:45] {Threei}  BP would have been a trap on a long side, scottie
[10:46] {scottie} yes I see
[10:46] {dptl} btu .50 lomg?
01[10:48] {Threei}  ummm
01[10:48] {Threei}  yes
01[10:48] {Threei}  lol
[10:49] {dptl} five .70 long?
01[10:51] {Threei}  nah
[10:56] {scottie} X l .90 if holds .80 ?
01[10:58] {Threei}  hl
[10:59] {scottie} still valid you think ?
01[10:59] {Threei}  yup, just don't count on much
[10:59] {scottie} I'll leave it for now
[11:01] {dptl} btu looks like .40 short now?
01[11:01] {Threei}  pretty much, yes
[11:01] {jdetente} are you taking it Vad?
01[11:03] {Threei}  yes, but hl
01[11:03] {Threei}  it can get jumpy sometimes
01[11:06] {Threei} Long Setup:  CAT  .70 break
01[11:06] {Threei}  If holds  .60
[11:09] {dino} e to .99, slow one
06[11:13] * Threei kicks CAT in the rear
[11:13] {dino} out e .99, +.33
[11:14] {thomcbell} rimm actually acting ok at this point
01[11:15] {Threei}  well... that only confirms how low the bar is :)
[11:15] {dptl} swks .20 sh?
01[11:15] {Threei}  I mean, "not tanking" is OK :)
01[11:16] {Threei}  SWKS, yes but may have to take profit even less than 10 c
01[11:16] {Threei}  very narrow
[11:17] {dptl} i'll skip it
[11:17] {dino} srpt drop
[11:18] {scottie} stop .64 ?
01[11:18] {Threei}  I think so... would prefer to trail after breaking .75, but it takes so long that probably better trail it
01[11:19] {Threei}  we are in a pre-FOMC stretch now
[11:19] {dptl} what time?
01[11:21] {Threei}  2:15
[11:22] {dptl} ty...btu again?
01[11:23] {Threei}  dino, SPRT:
01[11:23] {Threei}  Sarepta Therapeutics Hearing volatility attributed to fake "Citron Research" tweet being circulated - Link to FAKE CITRON RESEARCH tweet https://twitter.com/citreonresearc/statuses/296652773804621825
[11:24] {thomcbell} srpt
[11:29] {dino} mgam hl s .15 bstop hod
[11:31] {dptl} gmcr .10 long?
01[11:31] {Threei}  hl
01[11:32] {Threei}  hey... CAT may come to 1:1 this, yes THIS century
01[11:33] {Threei}  yesssss
[11:33] {scottie} +.08 tks Vad
01[11:33] {Threei}  yw
01[11:34] {Threei}  so far, nice day... started with stop, and worked fine ever since
01[11:34] {Threei}  but where is nemo?
[11:34] {dino} cov mgam .05, +.10
[11:34] {jdetente} good trading Vad
01[11:34] {Threei}  ty sir
[11:34] {jdetente} I always seem to get the losing FB trades though...I must be the cooler
01[11:34] {Threei}  we need to find nemo...
[11:34] {scottie} took only two trades, but won them both, can't complain :)
06[11:35] * Threei looks in aquarium
[11:36] {dptl} in gmcr
[11:39] {dptl} half out
[11:39] {dptl} .25
[11:41] {dptl} out
[11:43] {dptl} jcp .76 long?
01[11:44] {Threei}  not sure
01[11:58] {Threei}  arpt
01[11:58] {Threei}  sorry, wrong window
01[12:12] {Threei} Short Setup: RIMM  .50 break
01[12:13] {Threei}  If holds  .60
[12:17] {ese} am outta here supervising an exam......swks finally doing it's thing i'm +.12 there......ya don't wanna know how many shs....but iw will be out of it today
01[12:21] {Threei}  take care ese
[12:25] {dino} ntgr hl l .50
[12:25] {dptl} btu .20 short may be?
01[12:26] {Threei}  this is what, third attempot to find setup on it?
01[12:26] {Threei}  don't know, just leave it be
01[12:26] {Threei}  some stocks are easier to read than others
01[12:27] {Threei}  this is the other
[12:27] {dptl} ok
01[12:27] {Threei}  or as dino likes to quote, there are better worlds than this
[12:31] {dino} indeed
[12:37] {thomcbell} rimm actually looks like that was a long break 14.65
[12:37] {thomcbell} not touching it
[12:46] {dino} inap hl s .58
01[13:01] {Threei}  hey
[13:01] {jdetente} time to spike my coffee
01[13:01] {Threei}  GDP decline is conservatuives fault!
01[13:01] {Threei}  lookie here:
01[13:01] {Threei}  (US) White House Pres Sec Carney: More needs to be done on the economy, headwinds likely due to upcoming sequester program- Notes that uncertainty played a part in GDP decline
01[13:01] {Threei}  there... now we know
[13:03] {dptl} jcp .85 long?
01[13:03] {Threei}  good chart, bad time
01[13:03] {Threei}  don't know
01[13:03] {Threei}  btw, look at BTU
01[13:03] {Threei}  aren't you glad you backed away from that
[13:04] {dptl} ye..jcp just .05 c risk i think
[13:07] {dino} stop inap -.12
[13:09] {thomcbell} duh FIO
[13:14] {dptl} what about kss short? .70
[13:16] {dino} ntgr stop -.14
[13:19] {dino} kmr to .33
[13:21] {dino} out kmr +.13
01[13:38] {Threei}  ok, while we have to fight unbearable boredom, who hasn't looked at http://photography.realitytrader.com/2013/01/best-of-2012.html yet??
01[13:39] {Threei}  go look!
01[13:39] {Threei}  or trout is about to start swining
01[13:39] {Threei}  swinging too
01[13:39] {Threei}  frozen one
[13:39] {jdetente} those are some beautiful shots
01[13:39] {Threei}  ty
[13:40] {jdetente} I used to love doing photography back in the dark room days
[13:40] {jdetente} the ancient days that is
01[13:40] {Threei}  me too... but I learned to love digital as well :)
[13:55] {thomcbell} after the fed announcement - long setup splk 32.75 break if holding 32.65
[13:56] {thomcbell} they didnt want to wait on splk
01[13:59] {Threei}  let's wait for first two moves after announcement,
01[13:59] {Threei}  sharp spike, countermove, then only look for setups
01[14:16] {Threei}  *(US) FOMC HOLDS FED FUNDS RATE TARGET AT 0.25% (AS EXPECTED): HOUSEHOLD SPENDING AND BUSINESS INVESTMENT HAS INCREASEDD- Vote 11-1 (George dissented)
01[14:16] {Threei}  WILL CONTINUE TO PURCHASE $45B IN TREASURIES PER MONTH
01[14:17] {Threei}  Affirms will maintain purchases until labor market outlook improves substantially and inflation remains below 2.5%
[14:18] {dino} wow, thats the tamest market move ever on fed
01[14:20] {Threei}  probably everything is as expected
01[14:20] {Threei}  nothing changes
[14:20] {dino} these markets are dead in afternoon
01[14:21] {Threei}  - Committee will 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. The Committee is maintaining its existing policy of reinvesting principal payments from its holdings of agency debt and agency mortgage-backed securities in agency mortgage-backed securities and of rolling over maturing Treasury securities at auction
01[14:23] {Threei} Short Setup: CAT  .60 break
01[14:23] {Threei}  If holds  .70
01[14:29] {Threei}  meh
[14:29] {dptl} stopped cat
[14:30] {dino} endp spike/halt
[14:30] {dptl} what did you see in that cat trade Vad?
01[14:32] {Threei}  hmm?
01[14:32] {Threei}  quite standard breakdown
[14:32] {dptl} i see .65 yes...but .60 break?
[14:34] {dino} csii drop
[14:34] {dino} l .63
[14:34] {dino} endp open
01[14:35] {Threei}  ENDP in talks to sell the company
[14:37] {dptl} vrx Dino
[14:40] {scottie} X s .45 ?
01[14:41] {Threei}  two-sided I think
01[14:41] {Threei}  .45 short or .50 long
[14:41] {scottie} ok
[14:42] {dino} endp sm s .93
01[14:44] {Threei} Short Setup: RIG  .50 break
01[14:44] {Threei}  If holds  .60
[14:47] {dino} ot csii flat
01[14:51] {Threei}  1:1
[14:52] {dptl} out half ty
[14:52] {scottie} +.08 tks Vad
01[14:52] {Threei}  yw
[14:52] {dptl} all out
[14:53] {jdetente} +.20 all out. ty!
01[14:54] {Threei}  :)
[14:54] {jdetente} nice and easy
01[14:54] {Threei}  jusat as we like'em
[15:03] {dptl} whats up with jcp?
01[15:05] {Threei}  Blackrock disclosed 6.65% stake
[15:05] {scottie} ALGN l .50 if holds .45 ?
01[15:05] {Threei}  hl
01[15:05] {Threei}  a bit too volatile
[15:07] {dino} cov endp .63, +1.30
[15:08] {scottie} I see
[15:08] {dptl} .80 jcp
[15:08] {dino} no takers?
[15:08] {dptl} long?
[15:08] {dptl} ah  got away
[15:09] {scottie} great dino
[15:09] {dino} thx scottie
01[15:09] {Threei}  I lost speech for a sec dino
[15:09] {dino} lol
[15:12] {dptl} ntap .38 sh?
[15:14] {scottie} PNY  s .65 ?
01[15:15] {Threei}  ntap, don't know
01[15:15] {Threei}  pny, i like
[15:15] {scottie} can't short
[15:20] {dptl} fio .75 sh?
01[15:22] {Threei}  late
[15:23] {dptl} yeah
01[15:23] {Threei}  but yes
01[15:23] {Threei}  lol
[15:23] {dino} gotta hop. thx all. gn
[15:23] {scottie} dino
[15:24] {dino} :)
01[15:25] {Threei}  take care dino :)
01[15:33] {Threei} Short Setup: RIMM  14 break
01[15:33] {Threei}  If holds  .10
01[15:36] {Threei}  (CL) Magnitude 6.7 earthquake strikes in central Chile
01[15:44] {Threei}  held by fingertips
01[15:44] {Threei}  out .04
[15:47] {jdetente} got out .03
[15:47] {jdetente} whew
01[15:48] {Threei}  great, now it drops more :)
01[15:48] {Threei}  ah well
[15:48] {jdetente} argh
01[15:48] {Threei}  wasn't really worth the rsik
[15:50] {dptl} gn all........see ya tomorrow
[15:50] {scottie} gn all
01[15:51] {Threei}  thank you all, have a good evening
01[15:51] {Threei}  see you tomorrow
[15:51] {jdetente} gn all
01[15:51] {Threei}  crap, 1:1 RIMM :)
[15:51] {jdetente} not watching...lol
01[15:51] {Threei}  neither am I
01[15:52] {Threei}  1:2, and I am still not watching
01[15:53] {Threei}  1:3, watching even less than not watching
[15:53] {scottie} your call was great, we just didn't have enough patience
01[15:54] {Threei}  true... oh well, will be smarter tomorrow
[15:54] {scottie} think so ? lol
01[15:54] {Threei}  patienter
01[15:54] {Threei}  lol
[15:54] {scottie} there...
[15:54] {dptl} no thinking
[15:55] {_bbobr} gn

Jan 29 2013

Active and nicely profitable morning, dead afternoon. Frequent scenario during market slow climb. I miss selloff days when activity spreads throughout the whole day much more evenly.


Session Time: Tue Jan 29 00:00:00 2013
[09:02] {dino} gm
01[09:02] {Threei}  dino :)
[09:04] {cipher} gm
01[09:06] {Threei}  cipher :)
[09:18] {nemo} Think I'll try JD Honey in my coffee
01[09:19] {Threei}  hmmm
01[09:19] {Threei}  not sure what coffee has to do with it... but hey, whatever makes you tick
[09:20] {nemo} makes coffee taste like bacon ;-)
[09:21] {nemo} Wow...no comment out of Vad
[09:21] {nemo} He must have left to go find some
[09:21] {scottie} good morning
[09:22] {nemo} your opinion
01[09:22] {Threei}  no... (looking away and covering something crispy with my hands)
01[09:22] {Threei}  scottie :)
[09:22] {nemo} bidu going for the 200 day
01[09:24] {Threei}  no clear opening play, will wait a few minutes
[09:25] {nemo} awww...throw a dart at vmw short
01[09:27] {Threei}  FB on watch
[09:27] {nemo} where's the communist teacher?
[09:29] {ese} gm
01[09:29] {Threei}  ese :)
[09:30] {nemo} wow....ask and you shall receive
01[09:30] {Threei}  lol
[09:30] {nemo} Good morning komrade teacher
01[09:31] {Threei} Long Setup:  FB  .80 break hl
01[09:31] {Threei}  If holds  .75
[09:31] {nemo} I've got vmw support between 72.50 and 73.50ish
[09:32] {ese} mornin nemo
01[09:33] {Threei}  a lot of resistance
01[09:33] {Threei}  half out
[09:33] {nemo} dcc ese
01[09:33] {Threei}  stop to .79
01[09:34] {Threei}  out
[09:36] {dptl} gm
01[09:36] {Threei} Short Setup: LVS  .60 break hl
01[09:36] {Threei}  dp :)
[09:36] {cc_8} Among the companies with shares expected to actively trade in Tuesday’s session are VMware Inc. (VMW), Valero Energy Corp. (VLO) and Yahoo Inc. (YHOO).
01[09:36] {Threei}  If holds  .70
01[09:36] {Threei}  Invalidated
[09:37] {cipher} QLIK L .20
01[09:38] {Threei} Long Setup:  FCX  .73
01[09:38] {Threei}  If holds  .65
[09:38] {cipher} out qlik .33
[09:39] {nemo} I have stink bid BIDU short in at 113.85
01[09:39] {Threei}  LVS got away
[09:39] {nemo} or offer, as the case may be
[09:39] {dino} anac hl l .04
01[09:40] {Threei}  change FCX to .70 break
01[09:40] {Threei}  aggressive
[09:40] {nemo} oh the spell of making
01[09:40] {Threei}  If holds  .60
01[09:40] {Threei}  friking LVS... 1:1
[09:42] {cipher} stx l .00
01[09:42] {Threei} Long Setup:  FB  .65 break
01[09:42] {Threei}  If holds  .55
01[09:43] {Threei}  target 1:2
[09:44] {cipher} fslr l .28
01[09:44] {Threei}  1:1
[09:44] {scottie} +.09 tks
01[09:44] {Threei}  Euro vs US Dollar Euro approaching 1.35 handle for fresh 13-month highs
01[09:44] {Threei}  we are saved
01[09:44] {Threei}  yw
[09:44] {dptl} slw?
[09:44] {dptl} long?
01[09:44] {Threei}  US) Preview: Jan Consumer Confidence expected at 10:00 ET (15:00 GMT)- Consensus expectations: 64.0e v 65.1 prior (**Note the Dec reading was the lowest since Aug)
01[09:45] {Threei}  two longs are not enough for you?
01[09:45] {Threei}  want a thrid?
[09:45] {cipher} out fslr .42
[09:45] {cipher} out stx .18 +.18
01[09:45] {Threei}  trail FCX stop to .63
[09:47] {ese} aig making a fun for it
[09:47] {ese} more people buying insurance these days
[09:47] {thomcbell} aig trying to break out
01[09:47] {Threei}  FCX 1:1
[09:47] {cipher} amzn l .04
[09:48] {scottie} +.09 again tks vad
01[09:48] {Threei}  yw
[09:48] {cipher} out amzn .65 +.61
01[09:48] {Threei}  wtg
[09:48] {cipher} thx
01[09:50] {Threei} Long Setup:  RIMM  .70 break
01[09:50] {Threei}  If holds  .60
01[09:50] {Threei}  FCX 1:2, out
[09:51] {ese} L swks avg .38
[09:51] {ese} still holding that position from yesterday
[09:52] {cipher} amzn l .06
[09:52] {cipher} out .50 +.44
[09:52] {nemo} surprised you guys aren't playing vmw cipher and dino
[09:53] {cipher} too busy nemo
01[09:53] {Threei}  they are like kids in a candy store, nemo
[09:53] {cipher} too many picks
01[09:53] {Threei}  see? :)
[09:53] {cipher} I wish I had 10 monitors
01[09:53] {Threei}  and 12 arms
01[09:54] {Threei}  you may want to spend your next vacation in Chernobyl cipher
[09:54] {cipher} :)
[09:54] {nemo} well, I'm in vmw from 78.32
01[09:54] {Threei}  just make sure you have all the kids youi wanted to have :)
01[09:55] {Threei}  RIMM, trail to .64
[09:55] {cipher} bidu l .64
[09:56] {cipher} out .84
[09:57] {cipher} CHUY  s. 50
01[09:57] {Threei} Short Setup: LVS  .60 break
[09:58] {nemo} waiting for mumber, than like bidu above .70
[09:58] {thomcbell} looks like another long setup here on fb vad
01[09:58] {Threei}  If holds  .65
01[09:59] {Threei}  .70 break tbell?
01[09:59] {Threei}  I like it
[09:59] {thomcbell} yes
01[09:59] {Threei}  if numbers don't send market down
[09:59] {nemo} right, that's why I'm waiting
01[09:59] {Threei}  which they do
01[10:00] {Threei}  58.6 vs 64E
01[10:00] {Threei}  LVS baby
[10:00] {nemo} I'm so looking forward to the apocalypse
01[10:00] {Threei}  1:1
[10:00] {cipher} cov chuy .42 +.08
01[10:01] {Threei}  *(US) JAN CONSUMER CONFIDENCE: 58.6 V 64.0E (lowest since Nov 2011)- Expectations index: 59.5 v 66.5 prior
01[10:01] {Threei}  recovery's the better and better... confidence lower and lower
01[10:01] {Threei}  RIMM stopped
[10:01] {dino} f l .25 stop blod
[10:02] {cipher} trip l.09
01[10:02] {Threei}  can it be that oublic finally realizes the real cost of this recovery?
01[10:02] {Threei}  nah
[10:03] {cipher} out trip -.04
[10:04] {cipher} RIMM L.32
[10:05] {cipher} out .39
[10:06] {cipher} pcyc l .18
[10:07] {scottie} PFE l .40 if holds .30 ?
01[10:07] {Threei}  LVS 1:2, out
01[10:07] {Threei}  not sure PFE
[10:07] {scottie} tks
[10:14] {dptl} infa .70 sh?
01[10:14] {Threei}  hl
[10:15] {cipher} out pcyc .48 +.30
[10:17] {dino} cof nov gap fill
[10:17] {dino} hl l .50
[10:17] {cipher} ilmn l .77
[10:18] {cipher} out .85
[10:19] {thomcbell} rimm getting emotional
01[10:19] {Threei}  I think let's let it lose 15, and look for long entry after that flushing sound
[10:21] {cipher} scty l.81
01[10:22] {Threei}  here comes the flush
01[10:22] {Threei} Long Setup:  RIMM  15 break
01[10:22] {Threei}  hl
[10:23] {cipher} rimm l.92
01[10:23] {Threei}  If holds  .90
[10:23] {scottie} too fast
01[10:23] {Threei}  was that good idea to ait for under 15 or what
01[10:23] {Threei}  wait
01[10:23] {Threei}  1:1
[10:24] {cipher} out rimm .10
[10:24] {thomcbell} yes indeed
01[10:24] {Threei}  cipher's aggressive was the best
01[10:24] {Threei}  look at daily
[10:24] {cipher} was watching it for a while
01[10:25] {Threei}  15 was such obvious support, it just had to be broken, to shake out those who had stops right under it
01[10:25] {Threei}  thus quick dive and immediate bounce
01[10:25] {Threei}  isn't it amazing... 100 years old principles of tape reading, still work
[10:26] {dino} f stop -.11
[10:29] {ese} sell the news.............nice rimm dive
[10:30] {scottie} YHOO s 20 ?
[10:30] {cipher} RIMM L .91
01[10:31] {Threei}  YHOO seems bounce ready
[10:31] {ese} go c go!
[10:31] {scottie} .10 l ?
[10:31] {cipher} out rimm .95
01[10:31] {Threei}  yeah
01[10:31] {Threei}  ese, news? I don't see anything on RIMM
[10:31] {ese} awesome
[10:32] {cipher} out scty .92 +.11
[10:32] {ese} blackberry release today
01[10:32] {Threei}  tomorrow...
01[10:32] {Threei}  but heck
01[10:32] {Threei}  this is so very widely expected
[10:32] {ese} ahhhhhhhh........thought it was today
01[10:32] {Threei}  and so very likely to fizzle out
01[10:33] {Threei}  RIMM is very close to no one cares anymore territory
01[10:33] {Threei}  remember Playbook?
[10:33] {ese} yes indeed
01[10:33] {Threei}  it was very nice tablet, in many regards better than competitors
[10:33] {cipher} RIMM L .69
01[10:33] {Threei}  total failure
[10:34] {ese} yes it was
01[10:34] {Threei}  not because of tablet failure... it's a company that lost its way
[10:34] {cipher} out rimm  .78
01[10:34] {Threei}  BB10 can easily meet same fate - nice tech, no one cares
01[10:34] {Threei}  best technology doesn't always win
01[10:35] {Threei}  Betamax vs VHS?
[10:35] {dptl} stz .30 l?
[10:35] {ese} think beta and vhs....beta was better tech
01[10:35] {Threei}  right
[10:35] {ese} man your fast....beat me to it
01[10:35] {Threei}  not delighted, dp...
[10:35] {cipher} NTES L.78
01[10:35] {Threei}  more recent history, blue ray vs hd dvd
[10:36] {thomcbell} decent pullback there in fb
[10:36] {thomcbell} real flush
01[10:36] {Threei}  RIMM may be better off focusing on QNX car-related tech
[10:36] {dino} f l .00
[10:37] {ese} whos the winner there.......
[10:37] {ese} hd seems to be
01[10:37] {Threei}  blue ray won, hd dvd was arguably better tech
[10:37] {cipher} ntes stopped .77 -.01
[10:38] {ese} time to replace that huge screen in your viewing room........?
01[10:38] {Threei}  why
[10:38] {ese} my kids loved it.....
[10:39] {ese} to upgrade of course
[10:39] {ese} follow the trend
01[10:39] {Threei}  50", quite enough
[10:39] {ese} be with the "IN" crowd
01[10:39] {Threei} Long Setup:  YHOO  20 break
[10:39] {cipher} f l.92
01[10:39] {Threei}  If holds  .90
[10:40] {nemo} think I'll wait until .90
[10:41] {cipher} out f .98
01[10:41] {Threei}  Invalidated
[10:42] {nemo} o.k. in stop to .85
[10:43] {nemo} wanna partial .96
[10:43] {nemo} add liquidity and all that
[10:44] {nemo} should add some "liquidity" to myself
[10:44] {nemo} stop below the low
[10:46] {nemo} might be getting higher low to set up another trade in yhoo
[10:46] {nemo} .94 important level
[10:47] {nemo} wow...volume I'm out below .90 now
[10:47] {nemo} it breaks above .95 methinks it's long
[10:47] {dptl} hal long?
[10:48] {nemo} yhoo
[10:48] {cipher} gmcr s .79
[10:48] {nemo} gap fill here cipher
[10:48] {cipher} cov .72
[10:49] {cipher} thx nemo
[10:49] {cipher} gmcr l .82
[10:49] {nemo} you were out already
01[10:49] {Threei}  can't tell HAL
[10:49] {nemo} ahhh
[10:49] {nemo} I got .81
[10:49] {cipher} I know but it helps :)
[10:49] {nemo} sure
[10:50] {cipher} whats your target gmcr?
[10:50] {nemo} I'm scalping, it's hard to say no momentum in the market, but .40ish if it can get through the whole
[10:51] {nemo} major support in the .20 area.  you have 8day ema and a big fib retrace
[10:52] {nemo} Yesterday felt different in the market, today the market feels like I do during a hangover
01[10:53] {Threei}  refreshed and invigorated?
[10:53] {nemo} eyes bleeding, head pounding, knuckles bloody
01[10:54] {Threei}  "but you should see the other guy"
[10:54] {nemo} other "guys"  plural
[10:56] {cipher} unxl l.01
[10:57] {cipher} out gmcr .94
[11:00] {dptl} stz .10 sh?
01[11:03] {Threei}  nah
[11:04] {cipher} out unxl .10 +.09
[11:06] {dptl} syx short?
[11:06] {dptl} stx
01[11:07] {Threei}  yes
01[11:07] {Threei}  nice setup
[11:07] {dptl} 34?
01[11:07] {Threei}  break
[11:08] {dptl} stop .06?
[11:09] {dino} f stop -.03
01[11:09] {Threei}  I'd orefer .10
[11:09] {dptl} ok
[11:10] {nemo} now if gmcr breaks here, should get that .40ish move
[11:11] {cipher} syna l .05
[11:11] {nemo} gona gap close pal like it short
[11:11] {nemo} 33.86
[11:14] {dptl} no way to get it stx
[11:14] {scottie} wow stx went down fast
01[11:14] {Threei}  no
01[11:14] {Threei}  got away
01[11:14] {Threei}  too bad, perfect setup
[11:14] {scottie} too many horses at the gate
[11:16] {cipher} STX L .86
[11:16] {scottie} EMC l .75 ?
[11:16] {scottie} too late
01[11:18] {Threei}  nice setup
[11:18] {scottie} yeah, too bad
[11:19] {cipher} out stx .94
01[11:20] {Threei}  cipher leaves no crumbs
01[11:20] {Threei}  swallows around you would be dying of starvation
[11:22] {cipher} out syna .09 +.04
[11:22] {cipher} feels like pulling teeth
[11:22] {nemo} flossing with barbed wire
[11:23] {cipher} finishing at higher high
[11:23] {cipher} cya
01[11:24] {Threei}  CAT
01[11:24] {Threei} Long Setup:  CAT  .50 break
01[11:24] {Threei}  If holds  .40
[11:28] {dino} ntgr hl l .05
[11:31] {scottie} YHOO l .95 ?
01[11:32] {Threei}  nah
[11:32] {scottie} ok
[11:43] {dptl} clf .40 long?
01[11:43] {Threei}  yup
[11:43] {dptl} in .41
01[11:43] {Threei}  make it hl
[11:44] {dptl} .42 actually
[11:51] {dino} ntgr stop -.14
[11:53] {ese} gotta go all........just monitoring swks...cya tomorrow
01[11:54] {Threei}  take care ese
[11:56] {dptl} sigh...stopped clf
01[11:56] {Threei}  we have Fed tomorrow, right?
[11:58] {jdetente} morning all
01[12:01] {Threei}  jd :)
[12:05] {dptl} fslr .20 sh?
01[12:05] {Threei}  yes, hl
01[12:14] {Threei} Short Setup: LVS  .50 break
01[12:14] {Threei}  If holds  .60
[12:19] {dino} e drop
[12:20] {dino} sm l .75
01[12:22] {Threei}  1:1
[12:25] {dptl} gmcr .60 short?
01[12:26] {Threei}  1/3 lot
01[12:26] {Threei}  you closed LVS in full?
[12:26] {dptl} i steped out missed it
01[12:32] {Threei}  1:2, out
[12:33] {jdetente} ty! Good way to start the day for me
01[12:34] {Threei}  too bad you missed morning... was quite good too
[12:36] {jdetente} slapping myself in the head now...
[12:36] {jdetente} :)
01[12:36] {Threei}  with trout?
[12:36] {jdetente} that's in my coffee
01[12:36] {Threei}  make sure it's not the one nemo hands to you... he tends to freeze it first
[12:37] {jdetente} why am I not surprised
01[12:37] {Threei}  cofee with trout... how european
01[12:37] {Threei}  KS drinks it daily
[12:38] {jdetente} I'll take mine with irish whiskey
[12:39] {dptl} yum long?
01[12:40] {Threei}  small shares...
[12:40] {dptl} if holds .90
[12:42] {dptl} in
[12:45] {dptl} stopped
[12:45] {thomcbell} very nice lvs by the way vad - now it looks like a 51.38 break long
[12:46] {thomcbell} LVS 1:1
01[12:46] {Threei}  good catch
[12:47] {thomcbell} standard scalping procedures
[12:49] {dptl} jcp .60 sh?
[12:53] {thomcbell} tightening lvs to 51.44 to preserve small profit
[12:54] {thomcbell} out lvs
[12:54] {thomcbell} market very reslient
[13:07] {dptl} fslr again....20 sh?
01[13:08] {Threei}  ?
01[13:10] {Threei} Long Setup:  CAT  .50 break hl
01[13:10] {Threei}  If holds  .40
[13:16] {dptl} .20 break fslr tjat was
01[13:17] {Threei}  yeah but it was at .13 as soon as I typed sumbol in
[13:17] {dptl} ye iy was fast
[13:18] {thomcbell} fio looks fulnerable here 19.61 break - half lot
01[13:19] {Threei}  yup
01[13:20] {Threei}  nice setup
[13:21] {dptl} in fio .58
[13:23] {dptl} where would be stop here?
[13:23] {dptl} .66?
01[13:23] {Threei}  yup
01[13:28] {Threei}  half out .51
[13:42] {scottie} SDRL l .50 ?
[13:44] {nemo} whoa, bids got pulled on vmw
[13:45] {nemo} wow
[13:45] {dptl} vlo DT?
01[13:46] {Threei}  SDRL, a bit too slow
01[13:46] {Threei}  most everything is though
[13:46] {nemo} August is a tough month
01[13:46] {Threei}  VLO... could be...
[13:47] {dptl} 43 short may be?
01[13:47] {Threei}  I liked .10, to keep .20 as stop
01[13:47] {Threei}  see if bounces back in there
[13:48] {scottie} sdrl gone
[13:50] {dptl} what about jcp short?
01[13:51] {Threei}  not sure
01[13:51] {Threei}  here comes VLO
01[13:51] {Threei}  .10 break short
01[13:51] {Threei}  If holds  .20
[13:52] {dptl} in .08
[13:52] {thomcbell} fio we got the 1:1 stop goes to 19.58 on balance
[13:53] {thomcbell} rimm had a lot in it i see
[13:56] {dptl} stopped vlo
[13:57] {dptl} missing winners and getting loosers today :(
01[13:58] {Threei}  morning series was mostly easy to get...
01[13:58] {Threei}  and created good buffer
[13:59] {thomcbell} lets do a 31 break and back above ala rimm trade earlier Vad
01[14:00] {Threei}  on what?
[14:00] {nemo} rimm will likely bounce around .30
01[14:00] {Threei}  FIO 1:2
01[14:00] {Threei}  me out
01[14:00] {Threei}  me happy
01[14:01] {Threei}  dop, you got this one, right?
01[14:01] {Threei}  dp
[14:01] {thomcbell} me as well
[14:01] {thomcbell} on fio im out
01[14:01] {Threei}  13:21] {dptl} in fio .58
[14:01] {dptl} was out .51
01[14:01] {Threei}  in full? why?
01[14:02] {Threei}  trend wasn't broken
[14:02] {thomcbell} i hope it goes down another 0.20 to 0.30 cents where i will look for a long entry on fio - they report tomorrow and it is really not a proper comp for VMW
01[14:02] {Threei}  new lows as SPY near high
[14:02] {dptl} was just scalping that hlaf lot so...
[14:04] {nemo} gmcr might be DBing
[14:05] {nemo} question is does it test the whole first
[14:06] {dptl} long .32 gmcr .10 stop
[14:06] {dptl} .21
[14:11] {thomcbell} FB worked Vad - but i didnt play meaningfully
01[14:12] {Threei}  oh, that's what you meant when said let's play 31 ala RIMM
01[14:12] {Threei}  you haven't named to symbol :)
[14:13] {thomcbell} yes
[14:13] {thomcbell} im sneaky like that
[14:13] {thomcbell} split tape big time
[14:16] {thomcbell} rimm 15.43 break if holding 15.54 half lot due to insanity quotient
[14:20] {dptl} stopped gmcr
[14:21] {dino} adnc drop
[14:21] {dptl} i'll stop trading for today...looks like i am lost or somthing.....see ya tomorrow all
[14:22] {thomcbell} rimm got 1:1
[14:22] {thomcbell} stop is break even
[14:23] {dino} cya dp
[14:23] {scottie} dp
[14:23] {scottie} STX s .65 ?
[14:24] {scottie} if holds .70 ?
[14:24] {nemo} vmw 78 seller
01[14:25] {Threei}  DTX, no...
01[14:25] {Threei}  STX
01[14:25] {Threei}  dpesn't feel right
[14:26] {scottie} tks
[14:27] {thomcbell} rimm scalpers win Vad
01[14:29] {Threei}  yeah
01[14:30] {Threei}  FB... short or not...
[14:31] {thomcbell} the pattern says yes
[14:37] {nemo} correction VMW HFT delight
[14:38] {nemo} sheesh
[14:39] {thomcbell} watching lvs for a long entry
[14:40] {thomcbell} no setup here
[14:43] {scottie} looks like the answer to your FB question was yes
01[14:49] {Threei}  yeah... skipped it, crying now
01[14:49] {Threei}  bitterly
01[14:49] {Threei}  thinking hard how to make it nemo's fault
[14:49] {nemo} wait until I leave, and decry my existence....
01[14:50] {Threei}  I am too impatient
01[14:50] {Threei}  here: it's nemo's fault
[14:51] {scottie} lol
01[14:51] {Threei}  how's that for shortcut?
06[14:51] * nemo unlocks footlocker
06[14:51] * nemo grabs rocket launcher
06[14:52] * nemo plots coordinates to Vad's house
06[14:52] * Threei moves around the table so ese is between him and nemo
[14:52] {nemo} Hey Vad, pull the shades, will ya
01[14:53] {Threei}  ese, pull that cord please
06[14:58] * nemo loads Vad's DNA signature
06[14:59] * Threei drinks neighbor's blood
[14:59] {nemo} whoa
[14:59] {jdetente} hahaha
01[15:00] {Threei}  crap... I knew there was a reason why I didn't reflect in mirror...
[15:00] {nemo} they break when you look in them?
[15:04] {scottie} gotta go now, see you all tomorrow
[15:04] {dino} cya
[15:04] {scottie} dino
01[15:05] {Threei}  take care scottie
01[15:16] {Threei} Long Setup:  CAT  .50 break
01[15:22] {Threei}  let's keep tight stop
01[15:22] {Threei}  .44
[15:26] {nemo} why is vlo up so much today?
[15:26] {thomcbell} earnings
[15:26] {nemo} wow
[15:37] {nemo} lvs spitting the bit
[15:42] {jdetente} CAT just flopping around
01[15:44] {Threei}  everything is
[15:45] {dino} you can say that again
[15:45] {jdetente} Note to self: Do not miss morning trades :)
01[15:47] {Threei}  durong market slow creep-up mornings usually exhaust activity for the day
01[15:48] {Threei}  it's when we finally get nice selloff that activity will be spread throughout the day more evenly
[15:49] {dino} feels like every month afternoons get progressively slower
[15:49] {nemo} As I said earlier, I hate August
[15:49] {dino} feels like august all year
[15:52] {dino} ilmn drop
[15:56] {dino} calling it a day, gn all
01[15:58] {Threei}  thank you all
01[15:58] {Threei}  have a good evening, see you tomorrow
[16:02] {_bbobr} thank you Vadim, gn all

Jan 28 2013

Very nice day with trade after trade working perfectly. Couple small stops couldn't make a dent.




[09:10] {KSystems} dont know why it was down
[09:10] {KSystems} i didnt reboot it
[09:10] {KSystems} X-(
01[09:10] {Threei}  mother*&^$
01[09:10] {Threei}  it has life of its own
03[09:11] * Retrieving #discussions modes...
[09:13] {dino} gm
01[09:13] {Threei}  dino :)
[09:15] {jdetente} gm all
01[09:15] {Threei}  jd :)
[09:17] {scottie} good morning
01[09:17] {Threei}  scottie :)
[09:17] {Alert} Hello
06[09:18] * Threei hands Alert gps - don't get lost next time
01[09:18] {Threei}  no mirroring to the #floor, KS
01[09:18] {Threei}  ahha, here it is
[09:23] {dptl} gm
01[09:23] {Threei}  dp :)
[09:24] {cipher} gm
01[09:25] {Threei}  cipher :)
[09:27] {ese} gm
01[09:27] {Threei}  ese :)
01[09:28] {Threei}  FB looks relatively weak
[09:30] {nemo} cat should test 100 today
01[09:31] {Threei}  need pullback for a sane entry
01[09:32] {Threei} Long Setup:  FB  .85 break
01[09:32] {Threei}  If holds  .80
01[09:33] {Threei}  1:1
[09:33] {dino} v sm l aapl .00
01[09:33] {Threei} Long Setup:  CAT  .10 break hl
01[09:33] {Threei}  lol
01[09:34] {Threei} Long Setup:  CAT  .85 break hl
01[09:34] {Threei}  sheesh
[09:34] {dptl} cog .16 short?
[09:34] {nemo} .42 support
[09:35] {nemo} cat
01[09:35] {Threei}  fragile those runs are, aren't they
01[09:36] {Threei}  let's wait out this opening volatility in CAT
[09:36] {dptl} missed it cog
01[09:36] {Threei}  FB was/is much more tradeable
01[09:37] {Threei}  1:2, out
01[09:37] {Threei}  not CAT support till 97, it seems
01[09:39] {Threei} Short Setup: GDX  .85 break
01[09:39] {Threei}  If holds  .95
01[09:40] {Threei}  CAT low 97.02
01[09:40] {Threei}  good luck finding entry though
[09:40] {nemo} DDD wtf
[09:40] {dptl} fast .10 long?
01[09:40] {Threei}  no news DDD
[09:40] {nemo} had to have a bid ini around .12 and .00
01[09:41] {Threei}  not a fan of FAST here
[09:41] {dptl} k
[09:41] {thomcbell} im still there Vad on FB - tyvm
[09:41] {thomcbell} great entry
01[09:41] {Threei}  :)
[09:42] {thomcbell} "not a scalp for me" trade as you would say
01[09:42] {Threei}  nice patience
[09:42] {thomcbell} stock looked good in every time frame
[09:42] {nemo} mos
[09:43] {dptl} vlo long?
01[09:43] {Threei}  on pullback near .30 - .35, yes
[09:44] {thomcbell} took it thanks 32.30
01[09:44] {Threei}  yw
01[09:44] {Threei}  .s mos .60 break hl
01[09:44] {Threei} Short Setup: MOS  .60 break hl
01[09:44] {Threei}  If holds  .75
01[09:44] {Threei}  FB was classic pullback entry, pure pkeasure
[09:44] {thomcbell} two sided splk 34.10 break long - 34 break short
[09:45] {nemo} mmmhhh market a little different this morning
01[09:45] {Threei}  trail GDX to .91
01[09:46] {Threei}  was 1 cent from 1:1
[09:46] {thomcbell} no stock there on splk
[09:46] {thomcbell} going to leave it alone
[09:49] {dptl} in mos .64
01[09:49] {Threei}  nice aggressive entry
01[09:49] {Threei}  same stop, above .75
[09:50] {dptl} yep
01[09:50] {Threei}  held resistance nicely
01[09:50] {Threei} Short Setup: CAT  .90 break hl
01[09:50] {Threei}  If holds  98
01[09:50] {Threei}  start covering MOS
01[09:50] {Threei}  1:1
[09:50] {dptl} half out .45
01[09:51] {Threei}  1:2
01[09:51] {Threei}  get out and be happy
[09:52] {dptl} all out
[09:52] {dptl} .35
[09:52] {nemo} wow, fat finger
01[09:52] {Threei}  CAT 1:1
01[09:52] {Threei}  1:2
01[09:52] {Threei}  1:3, out
[09:52] {scottie} out cat +.22 tks Vad
01[09:52] {Threei}  damn, I am good
06[09:53] * Threei slants at nemo - no sarcastic remark??
[09:53] {dptl} mcp .80 long?
01[09:54] {Threei}  meh
01[09:54] {Threei}  GDX 1:1
01[09:56] {Threei}  wow, CAT 1:6
[09:56] {dptl} vrx .75 long?
[09:56] {dptl} ahh
01[09:56] {Threei}  really?
01[09:56] {Threei}  with this spread and jumpiness?
01[09:57] {Threei}  laurels of dino and cipher bother you?
[09:57] {dptl} it was ok at the moment
[09:57] {dino} lol
01[09:57] {Threei}  it had 4 cents spread
[09:58] {nemo} bidu launched
01[09:58] {Threei}  CAT
01[09:58] {Threei}  double bottom near 97?
01[09:58] {Threei}  let's see if there is a trigger
[09:58] {nemo} try it near 97, something is different today
01[09:58] {Threei} Long Setup:  CAT  .15 break hl
01[09:58] {Threei}  If holds  97
01[09:59] {Threei}  probably teo-sided
01[09:59] {Threei}  two
[09:59] {thomcbell} lvs near pivot somewhat interesting as a long
01[09:59] {Threei}  risky as hell here either way
[09:59] {nemo} I think they play both sides of the number
[09:59] {nemo} they'
01[09:59] {Threei}  bad numbers
[09:59] {nemo} they're gonna' get the shorts going below, and the longs who had stops at the whole
01[09:59] {Threei}  *(US) DEC PENDING HOME SALES M/M: -4.3% V 0.1%E; Y/Y: +4.9% V 12.5%E
01[10:00] {Threei}  1:1
01[10:01] {Threei}  I like this morning very much, this is our type of market
01[10:02] {Threei}  volatile, readable, moving against most people's exepctations
[10:02] {dptl} kbh 18 long?
[10:02] {nemo} ssys dino cipher
[10:02] {dptl} no
[10:02] {dino} that and ddd
[10:02] {dino} rprx
[10:02] {nemo} yep
[10:03] {thomcbell} took fb trade at 32.30
[10:03] {nemo} short ddd in .75 area
01[10:03] {Threei}  DDD still no news
[10:04] {scottie} ABX l .60 ?
01[10:04] {Threei}  if no new low, yes
[10:04] {goryl} u taking it vad?
01[10:04] {Threei}  yup
01[10:05] {Threei}  not counting on much but should be scalpable
[10:05] {nemo} ddd
[10:05] {nemo} sorry
[10:07] {scottie} stop .54
01[10:07] {Threei}  yup
[10:08] {dptl} kbh again 18 long?
[10:08] {nemo} bounce territory
01[10:09] {Threei}  KBH, I think so
01[10:09] {Threei}  can be one of those on again off again
01[10:09] {Threei}  but when market finally helps, should be good
01[10:09] {Threei}  just a scalp though, IMO
[10:09] {nemo} spy WPP 149.49  IWM 89.42
01[10:11] {Threei}  out ABX
[10:11] {scottie} out +.09
01[10:13] {Threei}  dp, change KBH to .90 break
01[10:13] {Threei}  if holding .80
[10:13] {ese} heres an odd one28 Jan 07:08[QIHU] CFO: Believe that removal of most of the apps from Apple store is a temporary situation; in close communication with Apple - Source TradeTheNews.com
[10:13] {dptl} was thinking the same :)
[10:14] {goryl} u taking it vad?
01[10:14] {Threei}  yeah
01[10:14] {Threei}  with this kind of morning, I'll take anything
[10:17] {ese} my god.........what will people do with there cell phones?   ummmmmmm........just make a call with it
[10:17] {ese} what a stupid idea........making a call with there phones instead of playing games on it
[10:18] {_bbobr} sorry, new here. R u taking KBH  long ?
01[10:18] {Threei}  on .90 break, yes
[10:18] {_bbobr} thanks
01[10:19] {Threei}  make sure to read this: http://www.realitytrader.com/tradingroom/#instructions
[10:19] {cc_8} Among the companies with shares expected to actively trade in Monday’s session are Jos. A. Bank Clothiers Inc. (JOSB), Caterpillar Inc. (CAT) and Transocean Ltd. (RIG, RIGN.VX).
[10:22] {dino} usna spike
[10:22] {nemo} wtf whr
[10:23] {cc_8} Activist investor Carl Icahn increased his stake in Transocean to 5.6% and urged the company to declare a $4-a-share dividend, saying he believes the company’s shares are undervalued. Shares were up 2.5% to $58.20 premarket.
[10:26] {dptl} cnx .30 long?
01[10:26] {Threei}  no
[10:27] {nemo} frickin bird
[10:27] {dino} larry?
[10:27] {Raven} {}
[10:27] {ese} ?
[10:27] {dptl} why you dont like it Vad?
01[10:28] {Threei}  questionable volume, can easily go either way
[10:29] {nemo} ahhhhh, that kinda' stock
01[10:29] {Threei}  right
[10:29] {dptl} ok
[10:29] {thomcbell} splk shame
[10:29] {ese} dino..........when something spikes like USNA what do you do with it and how do you interpret it...........wiat on it lo get in or do you see it as a blow off top...etc etc...whats your modus operandi
[10:29] {thomcbell} nice liftoff
01[10:30] {Threei}  *(US) JAN DALLAS FED MANUFACTURING ACTIVITY: 5.5 V 3.0E
[10:30] {nemo} rim might be shortable here
[10:31] {nemo} expect them to pop it through the whole
[10:31] {dptl} len 42 short?
01[10:31] {Threei}  yesm hl
[10:32] {dino} ese wait to see if lower high made, then short
[10:33] {dino} rprx a world of blood
[10:33] {ese} tks.....just wondering cause it showed up on this turbo break screen on intelliScan......was interesting just i just saw it a little before you posted
[10:34] {ese} because I
[10:34] {ese} was wondering what you were thinking
[10:34] {ese} tks
[10:34] {dino} none avail for me, wanted s at 37.80
[10:35] {nemo} rimm short .99
[10:35] {nemo} bid for half .82
01[10:37] {Threei}  out KBH
[10:37] {dino} aapl stop to 448.24
[10:37] {scottie} +.09 tks dp
[10:38] {dino} out aapl, +8.24
[10:38] {dino} opps, +9.24
[10:38] {dptl} out kbh
[10:38] {dptl} 18
01[10:39] {Threei}  sheesh dino
[10:39] {dino} lucky
[10:39] {dino} unfortunately it was only 100 shares, thing moves too much
[10:39] {nemo} half out rimm
[10:40] {ese} nice dino!!!
[10:41] {nemo} yeah, only 924 bucks...you suck
[10:41] {dino} :)
[10:41] {nemo} Vad is it to early to continue drinking?
[10:41] {jdetente} what if you never stopped
[10:41] {jdetente} ?
[10:42] {dino} usna drop
[10:42] {ese} not in my opinion
[10:42] {nemo} stopped out 2nd half rimm
[10:42] {nemo} and, of course, it drops immediately
[10:42] {nemo} notice my question DP
[10:43] {dptl} stopped len....i think its alway good time Nemo go for it :)
[10:43] {thomcbell} rig got strong agin
[10:43] {nemo} gotta' make sure I have my blanky and teddy...err bunny near, I'll need a nap
01[10:43] {Threei}  sorry nemo, was to busy uncorking next bottle to answer
[10:44] {_bbobr} Vadim, would u take long  CAT ?
01[10:44] {Threei}  no long setup here
[10:44] {dino} \usna sm l .00 wide
[10:44] {nemo} no. gonna test low, then .35...drops that look for 95.50
01[10:44] {Threei}  doesn't mean it can't go up but we are trading our setups, not guesses
[10:45] {_bbobr} I see
[10:45] {_bbobr} I see
[10:48] {dptl} what happend to gild?
[10:48] {nemo} nflx looks short here
01[10:49] {Threei}  lol, just split
[10:49] {dptl} ah...lol
01[10:50] {Threei}  Gilead Sciences Inc Approves 2-1 stock split- Split to be effected through a stock dividend. Stockholders of record as of the close of business on January 7, 2013 will be entitled to a stock dividend of one additional share of common stock for every share of common stock they own - The company's stock will begin trading at the post-split price on January 28, 2013. Any shares purchased after January 7, 2013 through January 28, 2013 will come with a "due-bill" entitling the buyer to one additional share for each share purchased.
01[10:50] {Threei}  HLF saga will never end
01[10:50] {Threei}  Herbalife Ltd. Hearing weakness in multi-level-marketing stocks attributed to circulation of announcement that FTC is planning to shortly announce action against an "alleged pyramid scheme"- Steve Baker, Director of the FTC's Midwest Region Office, and Kentucky Attorney General Jack Conway will be available to answer reporters' questions. - The preview for the FTC press conference does not mention what entity the action will be taken against.
[10:52] {scottie} NEM s .70 if holds .80 ?
01[10:52] {Threei}  I think so
[10:52] {thomcbell} FB good action
[10:53] {dino} ddd lod
01[10:54] {Threei}  FB, little pullback, holding .30 and break of .40 as long
01[10:54] {Threei}  like this
01[10:54] {Threei} Long Setup:  FB  .40 break
[10:54] {nemo} 59.89 dino on ddd
[10:56] {cc_8} Facebook Rallies on Analyst Comments Ahead of Earnings Report
[10:57] {scottie} in NEM .69
[10:58] {dino} ok nemo
01[10:58] {Threei}  Invalidated  FB
[10:58] {dptl} half out nem thx Scottie
[10:58] {scottie} half out
[10:58] {scottie} yw
01[10:58] {Threei}  good one
[10:59] {nemo} whr dino
[11:00] {scottie} tks
[11:01] {dino} watching
[11:02] {nemo} now with DDD would think it might retest the whole area
01[11:02] {Threei}  FB is valid again
[11:02] {jdetente} breaking .40 still?
01[11:03] {Threei}  yes, if honlding .30
[11:03] {nemo} market strengthening though
01[11:04] {Threei}  "honlding..." sounds dirty a bit
[11:04] {nemo} ?
01[11:04] {Threei}  nevermind, your mind is dirty as it is, no way I'd add fuel
[11:05] {nemo} wuss
[11:06] {scottie} stop .66
[11:07] {dino} out usna .85, +.85
[11:07] {_bbobr} does it mean .30 is initial stop if entered ?
[11:07] {thomcbell} rig there was no setup - but that was a great move
[11:09] {scottie} out NEM
01[11:09] {Threei}  just under .30
[11:09] {ese} L swks.40
01[11:10] {Threei}  bbobr, please make sure to read this: http://www.realitytrader.com/tradingroom/#instructions
[11:10] {_bbobr} I will
[11:11] {ese} welcome to the board by the way.........
[11:11] {_bbobr} thanks
[11:12] {ese} drinking credentials?.......may we see those papers please
[11:14] {thomcbell} AIG trades well
[11:14] {dptl} in fb
[11:19] {ese} Skywork Solutions SWKS: new electronic liquor cabinet monitor.........monitors every bottle so that you can keep fully stocked at all times
[11:19] {_bbobr} ese, only drink in two occasions ......
[11:20] {ese} ?
01[11:20] {Threei}  wake up and go to sleep?
01[11:20] {Threei}  no go FB
01[11:20] {Threei}  first stop
[11:20] {_bbobr} when it's raining
[11:20] {dptl} ye stopped
[11:21] {ese} when you live basically in the same neighborhood as vad.......things go missing.......the Electronic liquor cabinet monitor is the perfect solution
[11:21] {_bbobr} and when it's not
[11:21] {dino} mw sm l .85
[11:22] {ese} they haven't come up with that solution yet
[11:22] {dino} hlf, nus drop
[11:23] {scottie} NAV l .30 if holds .20 ?
[11:23] {_bbobr} what  neighborhood is it ?
01[11:24] {Threei}  come on ese, it was all Will's fault
[11:24] {dino} josb lod
[11:24] {ese} lol
[11:24] {ese} oh ya.......forgot about that
01[11:24] {Threei}  he was all like "let's get drunk," and I was like "Dude, it's 4 am" and he was like "ese has a few bottles in the basement, and I know where he keeps spoare key"
[11:25] {ese} lol
[11:25] {scottie} opinion on NAV Vad ?
01[11:26] {Threei}  none... not a time for breakouts, and no clear short setup
[11:26] {scottie} tks
01[11:26] {Threei}  AIG maybe ready for short though
01[11:26] {Threei}  .30 break
01[11:26] {Threei}  If holds  .35
01[11:27] {Threei}  now Will enjoys Maui vacation, and I am here, taking all the blame...
[11:27] {ese} as it should be
01[11:28] {Threei}  we need to get nemo to visit... it will be legen-(wait for it)-dary, and we will blame him for years for all the mischief
[11:29] {nemo} Yeah, Vancouver Island will be forced to secede
[11:29] {dino} lol
[11:29] {ese} Skyworks is a great company not only do they supply Apple with tech but.......they've also invented the the "Electric Dog and Cat polisher".........some that every househld with pets hould have
[11:29] {ese} something
[11:30] {_bbobr} vad, your KBH call is impressive !  Btw, CAT long is working as well
01[11:30] {Threei}  yeah, I have my moments
01[11:30] {Threei}  nemo thinks they are fewer and father between though
01[11:31] {Threei}  farther too
[11:31] {nemo} no, that's the spacing between your hairs
01[11:32] {Threei}  that, as mirror is my witness, becomes less and less of a roblem
01[11:32] {Threei}  AIG... there has to be a short here somewhere
01[11:33] {Threei} Short Setup: AIG  .40 break
01[11:33] {Threei}  If holds  .45
01[11:33] {Threei}  aiming only for these very small stop setups now
[11:33] {dptl} gmcr .20 long?
01[11:33] {Threei}  why not .10?
01[11:34] {Threei}  AIG is valid
[11:34] {dino} mw to .99
[11:35] {ese} think i'm going to join that call to arms dp......Lgmcr .17
[11:36] {ese} ddddddddddddddppppppppppppp!!!!!!!!
[11:36] {dptl} not in alist aig
01[11:36] {Threei}  aim for about .45 on GMCR, IMO
[11:37] {ese} will do
01[11:37] {Threei}  with partial near .30
[11:37] {dptl} i only got 40 shares lol
[11:37] {dino} out mw +.14
01[11:37] {Threei}  hey, don't spend it all at once
[11:37] {ese} now i can afford one of them glass AK47's filled with vodka that dp bought you
01[11:38] {Threei}  get AK-47M... it's refillable
[11:38] {nemo} ddd dino
[11:38] {ese} lol
01[11:38] {Threei}  and don't forget grenade with chili pepper vodka
[11:39] {dptl} laser stopped
[11:39] {ese} 1/2 gmcr .37 +.20
[11:39] {ese} balance to break even
[11:40] {ese} dp?.....allow me to get your Ferry fare over to the island next time eh
[11:41] {dptl} laser problem here
[11:42] {ese} call skywork solutions
[11:42] {ese} i'm long there.........they could use the cash
01[11:42] {Threei}  server 7 works
[11:42] {dptl} just restarted
01[11:42] {Threei}  chart server 2
[11:45] {dptl} cant beleive i only got 40 shares
[11:45] {dptl} is your laser stopping too Vad?
[11:46] {ese} whoa........is that ever an open question..............
[11:46] {ese} wheres nemo when you really need him
01[11:47] {Threei}  just reloaded, looks good for ther time being
01[11:47] {Threei}  GMCR is almost at target
[11:47] {dptl} ugu
01[11:48] {Threei}  direct hit
[11:49] {ese} out full gmcr .52
[11:49] {nemo} huh, what
01[11:49] {Threei}  wtg
[11:49] {ese} +.35
[11:49] {nemo} gmcr going to .80 anyway
[11:49] {ese} tks
[11:49] {scottie} gj ese :)
[11:49] {dino} gj
[11:50] {ese} tks.......but tks to dp spotting it
[11:50] {_bbobr} Vadim, any particular target on FB ?
[11:50] {nemo} yeah VADIM
[11:50] {nemo} this market cracks me up...and up...and up
01[11:51] {Threei}  it's in uncharted territory
01[11:51] {Threei}  no way to tell where it tops
[11:51] {ese} yup
[11:52] {nemo} mmmhhh gmcr could stop at .60
[11:53] {_bbobr} how about July high area ?
[11:53] {dptl} cc...do they have problems there ?with software
[11:54] {dptl} just keep stop working
01[11:54] {Threei}  around 33.40? could be
[11:54] {_bbobr} yes
01[11:54] {Threei}  doubt it can reach it today though
[11:59] {ese} du du du du du...........skyworks need to come up with a different solution to me being long at .40
[12:04] {dptl} rtn 55 long?
01[12:05] {Threei}  hl
[12:10] {nemo} http://www.youtube.com/watch?v=8v3KtvZURdM
[12:12] {scottie} cute
[12:13] {scottie} must be your dream... twin bunnies
[12:15] {dptl} hmm..so is that all they do all day long, nemo?
[12:15] {nemo} usually they sleep during the day and don't like to be bothered
[12:15] {ese} ok...that was cute
[12:16] {ese} where did you find that one
[12:16] {nemo} youtube
[12:17] {dptl} well who likes to be bothered when sleeping
[12:18] {dptl} yum 64 long?
[12:19] {ese} somebody was right about gmcr almost at .00
01[12:21] {Threei}  YUM, I think so
[12:41] {scottie} dp are you still monitoring YUM and RTN ?
01[12:42] {Threei}  only as much as he can look at the screen between swallows of vodka
[12:42] {scottie} of course
01[12:44] {Threei}  hmmm... maybe we sould account for occasional passing out as well
01[12:45] {Threei} Long Setup:  FB  .25 break
01[12:45] {Threei}  just a scalp
[12:49] {scottie} stop on FB ?
[12:49] {scottie} .19 ?
01[12:50] {Threei}  yeah
[12:53] {dptl} missed yum
[12:56] {scottie} missed it too, good call dp
[12:59] {dptl} wlt .30 long?
01[13:01] {Threei}  nah
[13:01] {dino} uan hl l .75
01[13:01] {Threei}  (IR) White House Press Sec: reports over the weekend of an explosion at the Fordo nuclear facility in Iran unlikely to be credible
[13:09] {nemo} guess I shoulda said I shorted amgn around .92
[13:10] {scottie} stopped FB .24
[13:20] {ese} am outta here......cya omorrow
01[13:21] {Threei}  take care ese
[13:24] {jdetente} I've gotta run also. Good trading everyone.
[13:24] {scottie} jd
01[13:24] {Threei}  see you tomorrow jd
[13:24] {nemo} slam the door on his ass, will ya'
01[13:25] {Threei}  you arwe so insensitive nemo
[13:25] {nemo} bunny doesn't think so
01[13:26] {Threei}  she just doesn't want to offend you
01[13:26] {Threei}  unlike you, she is sensitive
[13:27] {nemo} mmmhhh...don't think so, you should see the scars in my hand
[13:28] {nemo} think fas a long here
[13:28] {dino} out uan .99, +.24
[13:28] {nemo} scalp though
[13:28] {nemo} needs to hold .30
[13:29] {nemo} amgn
[13:29] {nemo} sorry
[13:32] {dino} hlf, nus drop again
[13:34] {nemo} fas get's past this .47 area goes to .60sh
[13:35] {dino} nus sm l .77
[13:35] {nemo} stopped out of last part amgn .66
[13:36] {nemo} partial fas .66
[13:38] {nemo} stop under .60, think I can see the bears grabbing their ankles
[13:39] {nemo} 4 Canadian banks just cut by Moody's
[13:39] {nemo} whoa...and they were the assholes who rated all those great CDO's
01[13:43] {Threei}  6 banks
01[13:44] {Threei}  (CA) Moody's lowers ratings one notch on 6 Canada banks, including Bank of Montreal and Bank of Nova Scotia, CIBC and Toronto Dominion; Outlook Stable- TD rating cut to Aa1 from Aaa - BNS cut to Aa2 from Aa1 - Caisse Centrale Desjardins (CCD) cut to Aa2 from Aa1 - CIBC cut to Aa3 from Aa2 -BMO cut to Aa3 from Aa2 - National Bank of Canada cut to Aa3 from Aa2 -
[13:44] {dino} nus stop -.34
[13:44] {nemo} CHO might be a short here
[13:44] {nemo} COH
[13:45] {thomcbell} nemo - that was some idea to short the rimm retracement near 17
[13:45] {nemo} I'm no dumb bunny
[13:45] {thomcbell} ha
[13:46] {nemo} speaking of, she must have crawled under the covers last night....she left some souvenirs
[13:49] {nemo} out fas
[13:50] {nemo} RIMM might retest the whole, but .94 is gap
[13:52] {dino} nus sm l .04
[13:53] {nemo} ya' might want to watch for a DT on amgn around 85, however could go to 85.20ish if it breaks
[14:00] {nemo} o.k. puke and short level amgn
[14:01] {nemo} volume coming in, this is momo now
[14:07] {scottie} RSG l .60 ^
[14:07] {scottie} ^
[14:07] {scottie} 6
01[14:07] {Threei}  lol
01[14:08] {Threei}  not sure what you are trying to say
01[14:08] {Threei}  but ye
[14:08] {scottie} can{t hit the question mark
01[14:08] {Threei}  yes
01[14:08] {Threei}  try the key to the left or the right shift
01[14:08] {Threei}  or = of
01[14:09] {Threei}  that's where I usually find "?"
[14:09] {scottie} ?
[14:09] {scottie} there it is
01[14:10] {Threei}  unless I and Will ride ese's wone cellar
01[14:10] {Threei}  in which case "?" can be found in place of %, *, or even #
[14:11] {scottie} usually it{s shift/6 but for some strange reason, it{s not there anymore
01[14:11] {Threei}  you have several keyboard layouts installed probably
[14:11] {scottie} probably right
[14:12] {scottie} missed RSG
[14:12] {dptl} drinking again Scottie? eh?
01[14:12] {Threei}  I have English US, English Canadian and Russian... and ou shouldf see what comes out if I mix them up
[14:12] {scottie} sure dp
01[14:13] {Threei}  especially after speaking over skype with someone in Russia, then typing something to nemo or cc
[14:13] {scottie} I have english Canada and french Canada installed
01[14:13] {Threei}  their reaction is usually: "yes... of course"
[14:16] {nemo} actually, I wonder if for Vad it's time for the Kossack solution
01[14:18] {Threei}  which is?
[14:19] {nemo} strap your ass to a sled in your pajamas and send you on a sleigh ride into the siberian night
01[14:19] {Threei}  thanks, I already lived in Winnipeg
[14:19] {nemo} or were they the ones to leave the bodies out for the wolves...I forget
[14:21] {_bbobr} nemo, u ever been to siberia ?
[14:22] {nemo} no, but I'm being threatened with Mongolia
[14:29] {nemo} I think I'll try an omelet with this Jack Daniels Honey stuff
[14:29] {nemo} amgn bull flagging again
[14:37] {nemo} is cipher alive?
[14:52] {scottie} NTE s 13 ?
01[14:53] {Threei}  NTE hl
01[14:53] {Threei}  can be jumpy
01[14:53] {Threei}  lol
[14:53] {scottie} fast...
01[14:54] {Threei}  didn't take l,ong for it to illustrate "jumpy" eh?
[14:54] {dino} out nus .34 +.30
[14:54] {scottie} lol
[14:59] {scottie} EWBC .75 if holds .70 ?
01[15:01] {Threei}  I think so
01[15:01] {Threei} Long Setup:  FB  .40 break
01[15:01] {Threei}  If holds  .35
[15:11] {dptl} nte .10long?
01[15:11] {Threei}  the way it jumps, doesn't matter much what I answer, lol
01[15:12] {Threei}  meh FB
[15:12] {dptl} right :)
[15:15] {_bbobr} has not break it's down trend yet   ( NTE) right ?
01[15:16] {Threei}  no... locked in a narrow range for many hours
[15:17] {dptl} gmcr short?
01[15:18] {Threei}  .25 break?
[15:18] {dptl} ye
01[15:18] {Threei}  hl... could be
[15:19] {dptl} die
[15:21] {dptl} half out
01[15:22] {Threei}  good one
[15:22] {dptl} :)
[15:25] {dptl} dont like this tales
01[15:25] {Threei}  tales?
[15:26] {dptl} last two candles
01[15:26] {Threei}  oh, tails
01[15:26] {Threei}  man... :)
[15:26] {cc_8} haha
01[15:26] {Threei}  Tales of two candles
01[15:26] {Threei}  dickens, my a$$ :)
[15:26] {cc_8} Sonic and Tales
[15:26] {dptl} lol...my spelling eh and you say you are bad lol
01[15:27] {Threei}  my spelling is perfect - my typing is not unlike seal using his fins
[15:27] {cc_8} double negative
01[15:28] {Threei}  yeah right (double positive)
[15:28] {dptl} i am just terrible with spelling
[15:29] {dptl} stop to .21
[15:33] {dptl} out
[15:34] {dptl} gn all...see ya tomorrow
01[15:34] {Threei}  take care dp
[15:35] {dptl} nte .80 short    jumpy but looks good
[15:35] {dptl} :)
01[15:35] {Threei}  go away
[15:35] {dptl} lol
01[15:35] {Threei}  you already wanted it long at .10
01[15:35] {Threei}  make up your mind :)
[15:40] {scottie} gn all see you tomorrow
01[15:40] {Threei}  take care scottie
01[15:43] {Threei}  now FB decided to climb
[15:49] {nemo} now, they run spy into the close for a green day?  as usual
01[15:49] {Threei}  or not
01[15:49] {Threei}  let's watch, it's interesting
01[15:49] {Threei}  "they" didn't do it on Fri
[15:49] {nemo} pviot .96, they probably don't drive it below that
[15:50] {nemo} they rammed it higher into the close
[15:52] {dino} calling it a day. thx all
01[15:53] {Threei}  thank you all
01[15:53] {Threei}  have a good evening, see you tomorrow
[15:53] {nemo} you are welcome Vad
01[15:53] {Threei}  see nemo} you CAN be polite
[15:53] {_bbobr} Thank you !
[15:54] {nemo} it's the alcohol
01[15:54] {Threei}  yw, see you tomorrow
01[15:54] {Threei}  whatever works, nemo
[15:54] {nemo} my liver can't take this politeness
01[15:54] {Threei}  it's just that with alcohol you are polite but make no sense

Nemo's Findings week of 01/27/2013

(Course on chart pattern recognition is available now: http://www.realitytrader.com/111trades.html 

Groundhog week...up, up, and away....Eco news was neutral to positive.  There was some stink about the housing numbers being bad, but the previous months were revised upward significantly, and the bad numbers for the month were attributed to lack of supply.  So, the markets shrugged off "bad" news.  

Thursday and Friday's tops were held in check by the confluence of the weekly R2 and yearly R1 in IWM  and the weekly R3 in the financials.  However, they appear to be forming rising wedges, and actually went higher after the close.  It would be reasonable to expect a gap up on Monday.   

The week that was...

 

S

The week that is...well before I do that, where might we be going?  Talkin' fibonacci...at the close on Friday, the spy touched the 100% extension of the Nov '12 low to Dec. '12 high.  The projection begins from the Dec. '12 low to today.  The IWM reached a similar extension created from the June '2 low to the Sep. '12 high projected from the Nov. '12 low. So fib traders will start thinking about profit taking.  The IWM is already at all time highs so there's no overhead stops waiting. It's just a matter of when people decide to hit the exits.

The spy has 152.09, 154.50 and 156.70 as swing highs on the weekly to go. No reason to think we don't get there.

Here are the weekly financials, looks like a long to me ...

In the good old days of "normal" markets tech usually sold off after Xmas.  As you can see, on the monthly, we're at the 50% retracement of the millennial debacle, so, tech might get a bit wishy washy here providing a headwind.

And here is a look at bonds... looks like 116 could be in the cards.

 So, that leads to the week that is...

 

Market Week Wrap-up

Markets At Fresh Five-Year Highs Despite a Bruised Apple


- It was an action-packed week despite US markets being closed on Monday for the Martin Luther King holiday. President Obama's second term officially began with his inauguration on Monday, and later in the week Congressional Republicans passed a three-month extension of the debt ceiling in order to lower the temperature in Washington ahead of the looming confrontation over the budget and spending. In Japan, the BoJ yielded to pressure from newly-elected PM Abe and agreed to a 2% inflation target and an open-ended asset buying program. In contrast with Japan, Europe showed the first sign of moving away from emergency measures as the ECB announced that more than half of the banks that took out three-year LTRO funding a year ago would begin repaying funds in Q1, with the initial round coming in much higher than expected. On Friday, German stocks benefited from better than expected German Ifo Business Climate data sending the DAX out on a positive note. The UK's advance Q4 GDP reading came in at -0.3%, indicating Britain could be on course for its third recession in four years. In earnings news, there was a maniacal focus on Apple's quarterly numbers, with shares of the company dropping nearly 14% in the two sessions after the report. For the week, both the Dow and the S&P500 hit fresh five-year highs, with the DJIA up 1.8%, the S&P 500 gaining 1.1% and the Nasdaq up 0.5%. Meanwhile, the 10-year yield moved to 1.95%, back toward January highs.

- The slow, steady US housing market recovery has been a real source of strength over recent months, and the soft December new and existing home sales readings this week are not being seen as evidence of a real slowdown. December existing home sales fell 1.0% following a 4.8% rise in November (revised from 5.9%). December new home sales fell to 369K from a revised November figure of 389K.

- Apple more or less met earnings and revenue expectations in its first quarter and its iPhone shipments rose to an all-time high of 47.8M units, but still missed consensus expectations for more than 50M units. This miss plus a big contraction in margins and signs of cannibalization of iPad sales by the new iPad mini drove the huge sell-off. Analyst sentiment shifted after the report, with many asserting that the best days of the Apple growth story is now over and that high-margins will continue to erode as competitive dynamics demand a lower-priced (and lower margin) handset offering. When the dust cleared, Apple lost its title of most valuable company in the world as the market cap fell below that of Exxon Mobil.

- Microsoft met expectations in its Q2, with revenue at record highs even as earnings fell slightly. However, the real focus was on the company's Windows division, where revenue grew around 25% y/y. Windows 8 was available only about halfway through the quarter, and correcting for the firm booking early Windows 8 revenues, the unit only saw an 11% revenue increase. In any case, both figures were far below the Windows division's 70% revenue increase seen in the quarter when Microsoft released Windows 7.

- Shares of Netflix are up 60% since its quarterly report, trading around 14-month highs. Netflix shocked markets with a tidy quarterly profit versus expectations of a loss, and it nearly doubled its streaming net adds to more than two million users on a sequential basis. Note that the company attributed much of its impressive gain in streaming to consumers snapping up tablet computers and smart TVs over the holidays.

- In other earnings news, IBM and Google had solid quarterly. Google saw higher paid clicks, lower costs and steady advertising revenue. IBM modestly topped expectations and saw excellent growth in emerging markets. General Dynamics had a terrible Q4 and blamed the slowdown in defense spending, while Lockheed and Raytheon did well. Shares of all three fell on the threat of Pentagon spending cuts. McDonalds managed to top lowered expectations in its Q4 report, although analysts are concerned about the firm's negative comps in the Asia Pacific business and flat December comps. Airlines United Continental and Southwest had misses in their Q4 reports, however the overall rosy outlook offered by executives from both firms supported the shares and helped keep the Dow Transportation Average at record levels.

- Japan has come under fire this week for new monetary policies that critics say deliberately devalue the yen, and rekindled discussion of a "currency war." The BoJ's new 2% inflation target and open-ended asset purchases were seen as somewhat compromised. Two board members voted against the inflation target, while the asset buying program is tilted toward the very short end of the curve and only begins in 2014 (when its current round of bond buying expires). USD/JPY had pushed out to 31-month highs above ¥90.20 ahead of the decision but reversed those gains to trade down just shy of ¥88, thanks to the compromises in the program plus fears that the 2% inflation target was already priced in. More verbal intervention from Japanese officials sent the pair higher later in the week, especially after Deputy Econ Minister Nishimura said USD/JPY at 100 would not pose a problem. The EUR/JPY cross got an additional boost after Japan's largest hedge fund said it would be back in market for EFSF bonds after a two-year absence.

- EUR/USD trading was listless for most of the week, well contained within the 1.3250-1.3400 corridor. On Friday, the ECB disclosed that it would receive higher initial three-year LTRO repayments than expected. This caused short-term interest rates to pop higher in Europe and sent the EUR/USD to fresh 11-month highs around 1.3470.

- The pound hit 10-month lows on turbulence from questions about the UK's position in the European Union and initial look at the UK's Q4 GDP. Technical charts suggested that more downside momentum could take place in GBP/USD pair with a double-top formation in play related to its September price action. The neckline was seen at 1.5830 with 1.53 as price objective. PM Cameron proposed a referendum take place on the question of UK membership in EU in 2017 if the Conservative party wins the next round of parliamentary elections.

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