May 3 2013

Despite slow gap'n stall day, we did admirably well, by staying relaxed, taking the most compelling trades and booking realistic profits. Good way to finish a good week.


Session Time: Fri May 03 00:00:00 2013
[07:18] {KSystems} morning
[07:28] {thomcbell} GM
[08:37] {nemo} might as well take the day off, this isn't tradeable
[08:43] {KSystems} you sound like there are _any_ tradeadble markets for you nemo
[08:45] {nemo} no, but big gap ups, and this is a monster, usually are grind days with no range
[08:45] {KSystems} :-)
01[08:52] {Threei}  ummm... yikes?
[08:52] {KSystems} oh
[08:54] {nemo} yeah....belly button lint cleaning time
[09:02] {nemo} 161.61-.75 area next resistance
[09:05] {patel} good morning
01[09:06] {Threei}  patel :)
[09:06] {stevw} g'mornin
01[09:07] {Threei}  stev :)
[09:07] {thomcbell} Stevie w
[09:07] {stevw} howdy
[09:13] {jdetente} good morning all
[09:13] {dino} gm
[09:14] {nemo} go back to bed, dino
01[09:14] {Threei}  jd, dino :)
[09:14] {Alexs} gm
01[09:15] {Threei}  alex :)
[09:15] {jdetente} has volatility officially died?
01[09:16] {Threei}  ?
[09:16] {nemo} no, we gapped up so hard on jobs, unless it comes in, probably done the range for today
[09:16] {jdetente} just looking at the VXX
01[09:16] {Threei}  oh
[09:16] {nemo} next resistance between .61-.75
[09:16] {nemo} nobody will buy vxx today, overseas markets will rocket higher on Monday
[09:19] {Will49} gm
01[09:19] {Threei}  will :)
[09:21] {RonS} gm
01[09:21] {Threei}  ron :)
01[09:23] {Threei}  poor goldbugs
01[09:25] {Threei}  GDX begs to be shorted on .60 break
01[09:25] {Threei}  will it wait for us?
[09:29] {cipher} gm
[09:29] {backman} gm
01[09:29] {Threei}  cipher, bman :)
01[09:30] {Threei} Short Setup: GDX  .60 break if stays under .70
01[09:31] {Threei}  valid still
01[09:36] {Threei} Short Setup: SWY  .55 break
[09:38] {Alexs} stop .65?
01[09:39] {Threei}  yup
01[09:39] {Threei}  .66 of course
01[09:39] {Threei}  this is going to be teeth pulling day
[09:39] {nemo} flossing with barbed wire and rinsing with alcohol
01[09:41] {Threei}  merely 10 min in, scanner isn't moving
[09:41] {cipher} LBTYA L.21
[09:42] {cipher} out .41 +.20
[09:42] {jdetente} good day for a bourbon...oh wait that's everyday
[09:42] {nemo} start now
[09:43] {dino} adnc sm l .93
[09:44] {jdetente} the excuse is that it's Kentucky Derby weekend, right?
01[09:44] {Threei}  there is a need in excuse?
01[09:44] {Threei} Short Setup: GDX  .80 break
[09:44] {backman} my toothpaste is laced with it
01[09:45] {Threei}  If holds  .88
01[09:46] {Threei}  SWY no go
01[09:48] {Threei} Short Setup: LO  .70 break hl
01[09:48] {Threei}  If holds  .80
[09:48] {cipher} SINA L.19
[09:49] {cipher} out .31
01[09:50] {Threei}  trail GDX to .86
[09:50] {cipher} ADNC L.82
[09:51] {cipher} athn l.61
01[09:52] {Threei}  GDX 1:1
[09:52] {cipher} out .43
[09:53] {cipher} out ADNC .99
01[09:53] {Threei}  trail LO to .76
[09:57] {RonS} took adnc .89 to 14.20  +.31 thanks dino
[09:57] {thomcbell} long setup ddd 41.01 break if holding 40.90
01[09:57] {Threei}  wtg
[09:57] {dino} np ron
[09:58] {thomcbell} ddd invalid
[09:58] {thomcbell} still watching
[10:00] {thomcbell} slw
01[10:00] {Threei}  (US) MAR FACTORY ORDERS: -4.0% V -2.9%E
01[10:01] {Threei}  *(US) APR ISM NON-MANUFACTURING COMPOSITE: 53.1 V 54.0E
[10:01] {nemo} above 50 is expansion, by vwap
01[10:01] {Threei}  (US) Mar Durable goods revised to -5.8 from -5.7%
[10:02] {dino} out adnc .10, +.17
[10:03] {nemo} HUM looks short
01[10:04] {Threei}  LO 1:1 is close enough, half out
01[10:04] {Threei}  stop to .71
[10:04] {nemo} scalp if you're shorting
[10:05] {jdetente} feels like that kinda day
[10:06] {jdetente} or shall I say appears...leaving feelings out of it :)
[10:07] {dino} rwt sm l .27
[10:08] {thomcbell} prlb looking for short entry - ddd way off highs
[10:11] {backman} got booted...miss..anything
[10:11] {Will49} missed falling asleep
[10:13] {backman} dreamy brown eys
[10:13] {Will49} see Bman?...just you and I awake
[10:13] {jdetente} the rest of us are drunk
[10:13] {Will49} :)
01[10:13] {Threei}  try this: attempt to slap your cheeks with your ears. This should wake you right up
01[10:14] {Threei}  if it doesn't work, try the cross pattern,
01[10:14] {Threei}  left cheek with right ear and vice versa
[10:14] {backman} reminds of an experience with a hooker i once knew
[10:14] {Will49} LOL
01[10:14] {Threei}  ummm
01[10:14] {Threei}  lol
[10:14] {jdetente} ahahaha
[10:15] {jdetente} hey Nemo did you find Redux?
[10:15] {jdetente} https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgcL5zpuNZ70goWK5jlsj6aTspogNekAjRuS43-XekncXifizXBPzpxgBmvvGmVkpbARcPDSoflCYM0TaIRVis_IFizFlQLl5DOE0dHFETY6Z8nbStdVqrthoeEfO6haTCL8eRniVLBAcTG/s1600/Funny+Rabbit+Pictures_1.jpg
[10:19] {patel} TNA break of 45?
[10:19] {dino} adnc sm l .98
[10:19] {cipher} ACHC S.95
[10:20] {cipher} cov .79
[10:21] {nemo} oh, I got one of those
[10:22] {cipher} ACHC L.83
[10:23] {cipher} EVEP drop
[10:25] {nemo} yeah, Redux is around
[10:25] {dino} watching it cipher
[10:26] {dino} sm l .94
[10:26] {cipher} evep l.94
[10:26] {cipher} stopped .80
[10:28] {dino} hooker
[10:28] {nemo} vad email
01[10:33] {Threei}  cute
[10:34] {nemo} post redux, would ya?
01[10:34] {Threei}  it requires firing up photoshop
01[10:34] {Threei}  cropping it etc
[10:34] {nemo} 30 seconds or so
01[10:35] {Threei}  it's not about 30 seconds, it's about photoshop covering 2 out olf my 4 monitors
01[10:35] {Threei}  having trade open and looking for more, may I do this in an hour? thank you for your kind consideration {G}
[10:35] {nemo} yeah, there's just so much going on right now
01[10:35] {Threei}  sigh
[10:37] {patel} out of TNA +.30
01[10:37] {Threei} Short Setup: CAT  .50 break hl
01[10:37] {Threei}  If holds  .60
[10:37] {dino} evep stop .69, -.25
[10:37] {cipher} QCOR L .92
[10:39] {cipher} evep s .71
[10:40] {cipher} cov .52
01[10:41] {Threei}  Invalidated
[10:41] {cipher} evep l.50
[10:41] {backman} nice patel
[10:43] {nemo}  pic.twitter.com/QC2a2GLzWO
03[10:43] * Retrieving #discussions modes...
[10:46] {jdetente} cute little guy
[10:46] {nemo} grown already
[10:47] {nemo} I sent it to Vad to post, but the meany wouldn't do it
[10:49] {patel} http://www.cnn.com/2013/05/03/world/asia/kyrgyzstan-us-aircraft-missing/index.html?hpt=hp_t2
[10:50] {Les} yo, what are we in?
[10:51] {Les} like that is it?
[10:51] {Will49} everybody sleeping
01[10:51] {Threei}  one half open trade
[10:51] {nemo} Les...Redux:   pic.twitter.com/QC2a2GLzWO
[10:51] {cipher} JAZZ L.85
01[10:51] {Threei}  but not worth getting in now
[10:52] {Les} k, morning all
[10:52] {Les} still living and getting bigger is it Nemo?
[10:52] {nemo} yeah, bigger since he showed up
[10:52] {Will49} morning Les
[10:53] {Will49} what time is it there?
[10:53] {Les} FCX gap closure form April drop
[10:53] {Les} 5pm
[10:54] {Will49} so, where were you at 3:30?
[10:54] {Will49} just prying :)
[10:55] {Les} job interview
[10:55] {Les} OSTK sucking em in
01[10:57] {Threei} Short Setup: C  .25 break
[10:58] {RonS} wprt
[10:58] {Les} GDX 30 recross holding .90?
[10:58] {Les} or wait for a db?
01[10:59] {Threei}  don't see much edge either way
[10:59] {Les} k
[11:01] {dino} evep .50 break l
[11:02] {dino} teva spike
[11:03] {Les} looks like a Friday Merdic as they say in French
[11:05] {Les} break of FXE 130 if holding .10?
[11:05] {Les} selling the Euro
[11:05] {dino} teva sm s .31
[11:05] {backman} jpm trying to hold bottom
[11:06] {nemo} tna at support
[11:07] {Les} quick 1:1 for Euro trash
[11:08] {Les} wanna be there selling this trash currency when it jumps off a cliff
[11:08] {Les} short JPM .15 stop .20
01[11:08] {Threei}  DJIA tops 15,000 for the first time, fresh record high
[11:09] {Les} stop on C?
[11:09] {thomcbell} fb - i guess that was 100mm shares of short covering yestserday
[11:09] {Will49} regular stop on C vad?
01[11:10] {Threei}  standard, yeah
[11:10] {Will49} tks
[11:10] {dino} adnc stop -.33
01[11:10] {Threei}  it spent so much time under .30... will trail it quicker than usual as it moves
[11:11] {cipher} VRTX L.29
[11:11] {Les} cover half jpm .05
01[11:12] {Threei}  stop to .31
[11:13] {Les} banksters don't see eye to eye with Dow 15k
[11:13] {nemo} you seen the FAS?
[11:14] {Les} hmmmm
[11:14] {Les} so why JPM and C?
[11:15] {Les} looks like GS found resistance at 50dma here. see how it goes
[11:18] {dino} cov teva .81, +.50
[11:18] {RonS} good call hum nemo...you take it?
[11:19] {nemo} huh?  no...don't trust shorts in this market, but looking at that should be good to .25ish
01[11:19] {Threei}  1:1
[11:19] {Les} jpmj 1:2
[11:20] {dino} rwt stop -.07
01[11:21] {Threei}  1:2
01[11:21] {Threei}  me out
[11:21] {Will49} me too tks Vad
[11:21] {cipher} acor l .54
01[11:21] {Threei}  :)
[11:21] {jdetente} thanks Vad
[11:22] {nemo} bounce spot FAS
[11:22] {Les} see your reasoning on the big vol. drop into support all covered ty
[11:22] {Les} JPM full covered .86
[11:22] {Les} as we say in Oz, near enough is good enough
01[11:23] {Threei}  nice nail on two banks
[11:23] {cipher} out VRTX .56 +.27
[11:23] {Les} nice work if you can get it
01[11:23] {Threei}  I haven't looked at JPM since it became too narrow recently
[11:23] {Les} just used a blank one minute chart
01[11:24] {Threei}  haha
[11:24] {Les} and it was screaming llllleeeeessssssss!!
01[11:24] {Threei}  it works, doesn't it
01[11:24] {Threei}  there you go
01[11:25] {Threei}  conversation I have from time to time:
01[11:25] {Threei}  OK, so I went over your chart patterns, fine, they look useful, realistic, etc,
01[11:26] {Threei}  but what defines the setup?
01[11:26] {Threei}  I: ummm... huh? Those same opatterns do
01[11:26] {Threei}  - Hmmm... yeah, I saw them... but, when I am looking for a trade, what should I be looking at?
01[11:26] {Threei}  I: ummm... huh? At these same patterns
01[11:27] {Threei}  amazing how people just can't believe that it's really this simple, and nothing else is needed
01[11:30] {Threei}  wow, JPM really takes it on the chin
[11:31] {Les} starting to relax and let market decide, which definitely improves P&L sheet
[11:32] {backman} so, my trading was really struggling....I've started trading last few days without charts for first 2 hours....just taking calls...then, open charts, reflect on setups, etc...oh, yes,,,,green last few days
[11:32] {Les} http://www.spiegel.de/international/europe/new-memoto-mini-camera-captures-life-in-30-second-snippets-a-897900.html
01[11:32] {Threei}  meaning, not taking the trades from ideas different from our setups?
[11:33] {Les} yeh Bman been doing that for years. The drugs are helping, but so is letting go
[11:33] {backman} yes, none of my own trades for 1st 2 hours
01[11:33] {Threei}  good
01[11:33] {Threei}  doesn't mean there is no place for one's own trades,
[11:34] {thomcbell} nice c&h in process on bx in 1 minute chart
01[11:34] {Threei}  but basics must be mastered before you start working on your own deviations
[11:35] {Will49} I say amen to that
01[11:36] {Threei}  great tp heat it works for you, bman
01[11:36] {Threei}  to hear
[11:36] {backman} thanx
[11:36] {backman} no ego ...no distractions
[11:37] {RonS} cutting edge photography:  bloom.bg/16yvm5E
[11:39] {Les} rig .10 short?
[11:39] {Les} barely trading
01[11:40] {Threei}  can't tell
[11:43] {cipher} evep short covering?
[11:45] {RonS} vrtx db
[11:45] {RonS} vrtx L 76.10
[11:46] {thomcbell} bx invalidated
[11:46] {Les} http://jessescrossroadscafe.blogspot.ch/2013/05/greg-palast-introducing-obamas-new.html
[11:46] {Les} Obama shows his hand
[11:47] {Les} fraudsters r us
[11:47] {dino} out evep .92, +.40
[11:48] {cipher} vrtx l .18
[11:48] {RonS} nuts missed thor...selloff due to gs downgrade from conviction buy to buy
[11:50] {RonS} good thing ese gone Les...he would be whining now...
[11:51] {dino} thor lower heart pump sales i think ron
01[11:51] {Threei}  he is back on Monday, and I am telling
[11:51] {RonS} thx
[11:51] {Les} He an O man is he?
[11:52] {RonS} ever known a musician and/or teacher who wasn't a bleeding heart liberal?
[11:52] {RonS} it's in the DNA...
[11:53] {Les} I used to be one of those...
[11:53] {Les} then vad showed me how to follow the money
[11:53] {thomcbell} vad you see anything here on gdx slw
01[11:54] {Threei}  great, I am responsible for another fallen soul
01[11:54] {Threei}  GDX... .80 break
[11:54] {dino} greed is good
01[11:54] {Threei}  I am just not sure it hasd enough drive
01[11:54] {Threei}  SLW, .75 break
01[11:54] {Threei}  this one probably had better chance of working
[11:56] {RonS} out vrts flat not acting well...
[11:56] {Les} new bankster dive
[11:57] {dino} taking a break
[11:57] {nemo} more stuf showing up on weak side
[11:58] {nemo} fcx
[11:58] {nemo} fcx
[11:58] {nemo} fcx
01[11:58] {Threei}  SLW 1:1
[12:03] {nemo} nke
[12:03] {nemo} seller at .54
01[12:04] {Threei}  what was that seizure about FCX?
[12:04] {nemo} irrational exuberance
01[12:05] {Threei}  ah
[12:06] {Les} NKE .50 short holding .55?
[12:06] {nemo} almost a two way, and the problem is lunch on Friday
[12:07] {Les} yeh
[12:09] {backman} can u send a test alert?....i didn't receive an audio?
[12:09] {cipher} out VRTX .43 +.25 thx Ron
[12:11] {cipher} RPRX S.00
[12:13] {cipher} out EVEP .00 +.50
[12:15] {nemo} lulu might be a short
[12:17] {nemo} fas showing short
[12:17] {nemo} .45 should be resistance
[12:22] {Les} bunny boy, you were watching an FBI sci fi series yesterday. what was it called?
[12:22] {nemo} Fringe
[12:22] {nemo} Supposed to take place in Boston
[12:22] {Les} series 1 worth watching?
[12:22] {nemo} yeah
[12:22] {Les} 1st season
[12:22] {cipher} cov rprx .90 +.10
[12:23] {nemo} cracks me up
[12:23] {nemo} They find a "victim" in Roxbury
[12:23] {nemo} If you're from around here, and you see that scene, you'll laugh because it's all wrong
[12:24] {Les} hmmm so it's a yocal thing then? Not some revamped X files I could chew on?
[12:24] {nemo} although, there was a scene showing the outside of a bar in South Boston out of which I fell more than a few times in my younger days
[12:24] {cipher} athn l.35
[12:24] {nemo} well, I think it comes from a similar tree, characters are pretty good
[12:25] {nemo} look for jpm short setup here , or perhaps closer to 48
[12:25] {Les} DT on FAS .50 would be nice
[12:28] {cipher} out athn .05 -.30
[12:28] {nemo} crus
[12:28] {nemo} might want to close the gap
[12:29] {Les} vad fas .45 short?
[12:29] {Les} holding .50?
01[12:29] {Threei}  meh
[12:29] {Les} ah bon?
01[12:29] {Threei}  .50 ling is more likely
01[12:29] {Threei}  long
[12:29] {Les} k
[12:35] {nemo} rax
[12:36] {dino} adnc sm l .25
[12:36] {cipher} athn s .70
[12:41] {cipher} cov .61
[12:42] {nemo}  cat
[12:42] {Alexs} fas valid?
[12:42] {cipher} RPRX L.85
[12:43] {cipher} PETM L.77
[12:48] {thomcbell} slim pickings
01[12:48] {Threei}  really can't twll, market fully stalled
[12:49] {cipher} ATHN L.07
[12:53] {nemo} jpm
[12:56] {nemo} vrtx
[12:57] {thomcbell} nasty drop wprt
[13:00] {cipher} wprt l.20
[13:02] {thomcbell} long setup su 31.10 break if holding 31
[13:02] {thomcbell} large cup and handle on 10 min
[13:02] {cipher} PETM stopped -.13
[13:12] {backman} man....CAT is hanging on a clif
[13:12] {thomcbell} kors - 58.64 long break
[13:13] {thomcbell} will look for a quick 1:3 if it triggers
[13:13] {cipher} out WPRT .50 +.30 thx tbell
[13:13] {thomcbell} cool
[13:13] {thomcbell} what a wild stock
[13:13] {thomcbell} today
[13:14] {Les} JPM weakness returning
[13:20] {dino} manh drop
[13:20] {thomcbell} slw gdx complex looks vulnerable again
[13:22] {RonS} sgmo blood
[13:22] {thomcbell} kors invalidated
[13:32] {dino} manh sm l .70
[13:38] {Les} wanna hit JPM lows vad? .55, .50?
[13:39] {Les} might e good for another bounce here
[13:39] {dino} adnc to .65
01[13:39] {Threei}  don't have a feel for it
[13:39] {Les} k
[13:40] {thomcbell} gdx right near pivot here - slw still 0.30 cents above
[13:52] {Les} someone want s out of JPM
[13:54] {dino} mrin drop
[13:56] {Les} TNA dt if its gonna happen
[13:56] {Les} DB
[13:58] {thomcbell} wow jpm
[14:00] {Les} db JPM would be nice
[14:02] {dino} out adnc .80, +.55
[14:03] {nemo} dltr bounce territory
[14:04] {dptl} good afternoon all :)
[14:04] {thomcbell} su invalidated - never triggered
[14:04] {nemo} pickles and vodka to you
01[14:04] {Threei}  hey dp
[14:05] {dptl} sounds good :) did you miss me Nemo i see :) Hey Vad
[14:06] {nemo} ahhhh...see why jpm weakness
[14:06] {nemo} http://bit.ly/105nk1q
[14:06] {nemo} not really dp
[14:06] {nemo} I'm just trying to fake like I care
[14:07] {dptl} i thought so lol...
[14:07] {Will49} dp!!!!! how you doin'?
[14:07] {dino} manh to .00
[14:07] {dino} dp!
[14:08] {dptl} hey Will , Dino......
01[14:12] {Threei} Long Setup:  JPM  .20 break
01[14:12] {Threei}  If holds  .10
[14:15] {Alexs} whats the target jpm?
01[14:15] {Threei}  should be capable of 1:2
[14:16] {nemo} .50 easy
01[14:16] {Threei}  beyond that, can't tell
01[14:16] {Threei}  1:1
[14:17] {nemo} oh oh
01[14:19] {Threei}  what?
[14:19] {Les} oh just ignore him vad
01[14:20] {Threei}  you know the secret to these huge gap up and stall days?
[14:20] {Les} had right idea. took wrong ticker. false breakdown in TNA is beautiful setup
[14:20] {Les} IWM so so
01[14:21] {Threei}  as much as they are not favorable for our trading approach, you still can squeeze some juice out of them, as we do today,
01[14:21] {Threei}  by coming into the day with this idea:
01[14:21] {Threei}  there will be no trades.
01[14:21] {Threei}  at all
01[14:21] {Threei}  none
01[14:21] {Threei}  going to sit and do nothing
01[14:21] {Threei}  Unless...
01[14:21] {Threei}  something is so obvious, so screaming "take me"
01[14:22] {Threei}  with small risk
01[14:22] {Threei}  and even half of those you'll dismiss
01[14:22] {Threei}  and take only those that youi just can't ignore
01[14:22] {Threei}  this si exactly what we did so far today, and look... low stress, nicely in profit
[14:22] {dino} manh to .10
01[14:23] {Threei}  look at SPY... locked in flat line since 10:30
[14:23] {dino} out manh .09, +.39
01[14:24] {Threei}  yet we do find some victim here and there, and gnaw at its throat with determination not unsimilar to nemo's when he open another bottle of rum
[14:24] {Les} nature is unkind
06[14:25] * Threei pats himself on the back for a good metaphore
[14:25] {nemo} whoa
06[14:25] * Threei dislocates shoulder and goes for his own bottle of rum
01[14:25] {Threei}  what? you didn't like my definition of extreme determination?
01[14:26] {Threei}  1:2
01[14:26] {Threei}  my a$$ is out
01[14:26] {Threei}  .50 could be a toughie...
[14:26] {nemo} I don't believe I indicated favor or disdain
01[14:26] {Threei}  don't want to break that wall with my forehead
01[14:26] {Threei}  so I have your approval?
01[14:26] {Threei}  well... no I... my analogy
[14:27] {nemo} oh, damn
[14:27] {nemo} I was hoping
[14:27] {dino} that elli is one strange trade. beats by .03 and drops 3 bucks
[14:27] {dino} raised guidance too
01[14:27] {Threei}  how many times we've seen that, dino :)
[14:27] {nemo} mnst coming into bounce territory
[14:27] {thomcbell} all indexes at new high except iyt -
01[14:27] {Threei}  by now I deem strange those that do go up when raise, or drop when lower guidance
[14:27] {thomcbell} spx djia comp mid iwm
[14:28] {dino} indeed vad. still amazes me. others miss by .03 and go up 5 points
01[14:28] {Threei}  yup :)
01[14:29] {Threei}  and those idiot academics still talk about logical and efficient markets
[14:29] {dino} hate to do it, but pullback to 24 and i may (dare I say it) buy for a swing
[14:29] {dino} or, maybe buy calls
[14:35] {backman} any thoughts on C here?
01[14:36] {Threei}  not really... kind of drifting aimlessly
[14:41] {thomcbell} ddd small long 40.10
[14:43] {cipher} ddd l.12
[14:47] {stevw} short FB at .23
[14:48] {cipher} thrx l.69
[14:55] {cipher} out DDD .17
[14:55] {cipher} out THRX .72
01[14:58] {Threei}  nice FB
[15:00] {thomcbell} amazing how bad fb after a fairly consturctive day yest
[15:02] {stevw} well that sucked!
01[15:02] {Threei}  C Reportedly wins an injunction to prevent the approx $385M award in arbitration
01[15:07] {Threei} Long Setup:  JPM  .50 break
01[15:07] {Threei}  If holds  .40
[15:11] {patel} any targets
01[15:12] {Threei}  no... just partial and trail by the book
[15:19] {cipher} aegr l.98
[15:25] {cipher} acor l.17
[15:27] {cipher} ilmn l.65
01[15:31] {Threei}  Official: DNA samples taken from Boston bomb shows no match to Tsarnaev's widow
[15:31] {jdetente} JPM touched 1:1 a minute ago...
[15:34] {cipher} out ilmn .88 +.23
[15:39] {_passmm} thanks Vad, good week... hope to be back some day
[15:40] {backman} have a good wknd all ....out of here
[15:40] {Will49} see ya guys
[15:40] {thomcbell} take it easy all
[15:40] {Les} cheers
01[15:40] {Threei}  have a good one guys
01[15:41] {Threei}  OK, let's call it a day
01[15:41] {Threei}  a week too
[15:41] {Les} noooooooooooooooooooooooooooooo
01[15:41] {Threei}  glad you had fun passmm
[15:41] {Will49} be good everyone
[15:41] {Les} dunno what I missed, but good day nonetheless a+
[15:41] {jdetente} good trades for a slow day. Thanks Vad. Good weekend all.
01[15:41] {Threei}  your nearest chance to be back id this MOnday :)
01[15:42] {Threei}  have a great weekend guys, we certainly will here with +23C promised
[15:42] {patel} take care
01[15:45] {Threei}  btw, BBRY acts like a piece of crap on this very strong day
[15:47] {thomcbell} yes along with FatBook
[15:47] {thomcbell} FB
[15:58] {dino} gn all

May 2 2013

Very decent day with couple stops and a few nice trades working to 1:2 and 1:3. Nothing extra-spectacular, just routine profitable day.


Session Time: Thu May 02 00:00:00 2013


[09:01] {stevw} hmm ... seems a little sleepy in here
01[09:02] {Threei}  a little? I for one am trying to cover my eyes with my ears, to prolong the state of denial
[09:03] {stevw} were the canucks playing last night or something?
01[09:04] {Threei}  don't know
[09:06] {Les} do we need to know?
[09:06] {Les} morning
01[09:06] {Threei}  les :)
[09:07] {Les} hmmm potential DB in doctor copper futures
[09:07] {Les} found yer pills or drink Nemo? Ready to start the day?
[09:08] {nemo} Just got back from father's doctor's appointment, was out of the house at 6 am
[09:08] {Les} how's he doing?
[09:08] {nemo} fine....eye doing o.k.
[09:10] {Les} good stuff
[09:10] {nemo} and you think I'm incorrigible
[09:11] {jdetente} good morning all
01[09:11] {Threei}  jd :)
[09:12] {Les} FDX seeking out new yearly low
[09:16] {Les} dollar greening up with equities. Super Mario said something reassuring?
[09:17] {Les} think the ECB spoke today
01[09:17] {Threei}  as usual
01[09:17] {Threei}  we will do all we can to kill the hope that we may go away
[09:18] {Les} heh brother of Ben
01[09:18] {Threei}  Germa fin min demonstrated total lack of imagination:
01[09:19] {Threei}  - German Fin Min Schaeuble stated that he was considering withdrawing flat-rate withholding tax. He added that the anti-Euro party won't succeed and he could not imagine Euro collapsing
[09:19] {Les} it's surprising the number of people ive spoken to who say no way euro can disappear
[09:20] {Les} this big project mentality seems to leave an imprint on the imagination, or lack of
[09:20] {Les} can it nemo
01[09:20] {Threei}  how many in 1990 would answer yes to a question whether USSR coluld dissolve?
[09:21] {nemo} Master Tai did in the 60's...just didn't know when
[09:21] {Will49} gm
01[09:21] {Threei}  will :)
[09:22] {Alexs} gm
[09:22] {cipher} gm
01[09:22] {Threei}  alex :)
01[09:22] {Threei}  cipher :)
[09:22] {Les} yeh, in this sense of trading and everything else that goes on in this world, I see importance of Mushin, Zanshin and Wu wei
[09:23] {Les} wu wei definitely the hardest
[09:25] {RonS} gm tm et al...
01[09:26] {Threei}  ron :)
[09:26] {jfjf64} mornin boys
01[09:26] {Threei}  jf :)
01[09:28] {Threei}  with gap slowly fading, first ray of hope would be GDX 30 break short
01[09:28] {Threei}  providing it waits for us, and stays under .10
01[09:29] {Threei}  yeah right
[09:29] {jfjf64} lol
[09:29] {Will49} it's the thought that counts
01[09:29] {Threei}  whole lot of waiting it did, eh :)
[09:30] {jdetente} 1:2 lol
[09:30] {stevw} FB gap higher open
01[09:30] {Threei}  yeah, this one on radar
[09:31] {nemo} watch for fdx failure in .60 area
01[09:32] {Threei} Long Setup:  FB  .20 break
01[09:32] {Threei}  If holds  .10
[09:33] {nemo} right
01[09:33] {Threei}  Invalidated
01[09:33] {Threei} Short Setup: GDX  .80 break
01[09:33] {Threei}  If holds  .90
[09:34] {nemo} well, maybe .45 on that fdx
01[09:35] {Threei}  1:1
01[09:36] {Threei}  1:2
01[09:37] {Threei}  1:3, over and out
[09:37] {jfjf64} ty sir
[09:37] {Alexs} ty Vad
01[09:37] {Threei}  yw
[09:37] {Les} by the book ty
01[09:37] {Threei}  good thing first ray of hope wasn't last
[09:37] {Will49} Tks Vad, way to start
01[09:37] {Threei}  :)
01[09:38] {Threei}  I don't know what we are going to do when miners reverse their downtrend... life as we know it will be over
[09:38] {Les} FB reversal setup
[09:38] {Les} ?
01[09:40] {Threei} Long Setup:  LVS  .20 break hl
01[09:40] {Threei}  change to .10
01[09:40] {Threei}  If holds  57
[09:41] {nemo} spready early
[09:43] {thomcbell} short setup C 45.96 braek
[09:44] {nemo} lvs two way now
[09:46] {nemo} could go for gap close
[09:46] {nemo} oh yeah
01[09:46] {Threei}  meh
[09:46] {jdetente} well that was a huge gap meh
[09:47] {Will49} hairy thing to trade
[09:47] {nemo} indexes doing nothing, gap, makes sense
01[09:47] {Threei}  that's why hl
[09:47] {backman} spread on it keeps me away
[09:47] {nemo} should bounce .60
[09:47] {thomcbell} c 1:1
[09:47] {Will49} I was half scared
01[09:48] {Threei} Long Setup:  CAT  .40 break hl
01[09:49] {Threei}  If holds  .30
[09:49] {nemo} lvs too
[09:49] {thomcbell} lvs is lunacy
[09:49] {thomcbell} c 1:2
[09:50] {nemo} look yesterday's high on lvs thom
[09:52] {thomcbell} y i see it
[09:52] {nemo} first 15 minutes of market is low liquidity, easy to get bounced...those early levels usually the places
[09:53] {thomcbell} c cleaning up last qtr here 45.70
01[09:54] {Threei}  wtg
[09:55] {thomcbell} vz at gap
[09:56] {nemo} getting that doji feel again
01[09:57] {Threei}  SPY has hard time
01[09:57] {Threei}  if can't break 159, going back to shorting
[09:58] {nemo} if it gets through, .35 area next price resistance, with .10ish R1
[09:58] {thomcbell} vz long 52.20
[09:58] {cc_9} morning fellas
01[09:59] {Threei}  still feels as it should
01[09:59] {Threei}  cc9 :)
[09:59] {nemo} well, he can tell time
01[10:00] {Threei}  ok, this SPY push should get us there
[10:00] {thomcbell} vz out 52.50
01[10:01] {Threei}  gj
01[10:01] {Threei}  hmmm... CAT wouldn't follow
[10:02] {thomcbell} vad i didnt have time to type it - my thinking was VZ going back under 52.20 and then using 52.20 as the long trigger
01[10:02] {Threei}  good thinking
[10:03] {thomcbell} i really recommend reading vad's section on those types of setups in 101 trades
[10:03] {thomcbell} im finding so many trades with it
[10:03] {nemo} wlt looks good long here
[10:04] {Les} missed LVS using inverse setup tbell, busy with boys homework
01[10:05] {Threei}  strange SPY stall
01[10:05] {Threei}  would expect it later in the day, not this early
01[10:07] {Threei} Long Setup:  SLW  .45 break
01[10:09] {Threei}  ok CAT, it's time... take .45 and move your butt
01[10:09] {Threei}  finally
01[10:09] {Threei}  1:1
[10:10] {Les} scalped ty
01[10:10] {Threei}  Invalidated  SLW
[10:11] {Les} http://www.spiegel.de/international/business/kremlin-targets-russian-facebook-clone-vkontakte-a-897487.html
[10:11] {Les} Putin doesn't like popular social media...
01[10:11] {Threei}  I am with him on that
[10:11] {Les} hehehe
[10:11] {jdetente} he only likes long horseback rides without a shirt
01[10:11] {Threei}  lol
[10:12] {Les} malboro man
[10:12] {jdetente} and walks on the beach
[10:12] {jdetente} hehe
[10:12] {Les} childhood dream of being actor has found new outlet
01[10:12] {Threei}  I too love those long walks to the fridge
01[10:13] {Threei}  1:2
01[10:15] {Threei}  ok, I'd say my morning experiment proved mostly successful: you CAN trade with your eyes covered by your ears
[10:15] {jdetente} out at 1:2 thanks Vad
01[10:15] {Threei}  yw
01[10:15] {Threei}  holding last piece for 1:3
01[10:16] {Threei}  CAT too likes those long romantic walks
[10:16] {jdetente} the kitty appreciates the pretense...lol
01[10:16] {Threei}  :)
[10:19] {backman} TNA having a good day
01[10:19] {Threei}  SLW still works a hedge
01[10:19] {Threei}  as a
01[10:19] {Threei}  out last CAT on a tril
01[10:24] {Threei} Short Setup: SLW  .20 break
01[10:24] {Threei}  If holds  .25
01[10:27] {Threei}  TNA was a toughie
01[10:27] {Threei}  no reversal setup that I could find,
01[10:27] {Threei}  then .40 break, nice it it was from the point of view of taking resistane, was untradeable
01[10:27] {Threei}  since it spiked right into .40 and broke it with no consolidation of pullback
[10:28] {Les} buy as close to 41 as possible and pray
01[10:29] {Threei}  SLW valid
[10:30] {Les} GLD reversal off 142?
01[10:31] {Threei}  .95 break, yeah
01[10:31] {Threei}  hl
[10:31] {nemo} market gonna' have a little pull in me thinks
[10:33] {thomcbell} long setup hig 28.16 break if holding 28.10
[10:36] {backman} slw bck at .20
01[10:39] {Threei}  no go
[10:41] {jdetente} so going back to Putin. Did you guys see his reaction to the topless protesters from FEMEN?  He gave them a thumbs up.. lol
[10:41] {jdetente} http://www.spiegel.de/fotostrecke/photo-gallery-femen-takes-on-putin-in-germany-fotostrecke-95276.html
01[10:43] {Threei}  probably before he read what they wrote on themselves
[10:43] {nemo} better than looking at tsarina
[10:43] {jdetente} my Russian is a little rusty...
01[10:43] {Threei}  profanity in his address, very rude
01[10:44] {Threei}  of those that start bar fights
[10:47] {nemo} apa short
[10:48] {thomcbell} hig i got stopped
[10:48] {thomcbell} bad setup for time of day - in hindsight
[10:49] {thomcbell} tail on aig vad
01[10:49] {Threei}  at the top?
01[10:50] {Threei}  kangaroo
[10:51] {Les} OSTK one to watch. being hyped as next amazon
01[10:52] {Threei}  rofl
[10:52] {Les} the owner is selling into this rally
01[10:52] {Threei}  for a CEO that spends decades complaining how short sellers suppress the price of his stock, that's a bit rich
[10:52] {nemo} what's up with PRU?
01[10:53] {Threei}  reported yesterday
[10:53] {Les} squeeze day
[10:53] {thomcbell} pru good earnings and met too
[10:53] {thomcbell} lvs vulnerable here
[10:53] {thomcbell} not doing anything with it
01[10:54] {Threei}  speaking of PRU... MET should be a long on .50 break
01[10:54] {Threei} Long Setup:  MET  .45 break
01[10:54] {Threei}  aggressive
01[10:55] {Threei}  If holds  .40
[10:55] {nemo} or when pru breaks  .00
01[10:56] {Threei}  I'd watch PRU as a leader for MET
[10:56] {nemo} right
[10:56] {nemo} that's what I said
[10:56] {jfjf64} who s on first
01[10:56] {Threei}  MET valid
[10:57] {nemo} jf not
[10:57] {backman} .10 stop or .05?
01[10:58] {Threei}  .38 stop if breaks from here
[10:58] {Les} hehehe jf classic
[10:59] {jfjf64} lol
[10:59] {nemo} makes sense Les would find humor in that
01[11:00] {Threei}  1:1
01[11:00] {Threei}  target 1:2 or 1:3
01[11:01] {Threei}  can't tell
01[11:01] {Threei}  just play by the book
[11:01] {Les} didn't sweep me holding .45 as stop now
[11:02] {thomcbell} c 45.88 break if holding 45.98
[11:02] {thomcbell} short setup
[11:03] {thomcbell} lvs wow didnt think it had 0.50 cents in it
[11:04] {Les} PRU just found its top
[11:04] {Les} at least in short term
01[11:05] {Threei}  MET is holding though
[11:05] {Les} yeh
[11:06] {Les} first thunderstorm for the year moving in
[11:06] {nemo} pnc might bounce here
[11:07] {nemo} why don't you go out on the roof, and hold up an antenna
[11:07] {cc_9} WLT = sexiest chart of the day.
[11:07] {Les} antenna?
[11:08] {Les} everything's buried in this country ya dufus, like your head
[11:08] {Will49} be nice kids!
[11:08] {nemo} like it short here  0 of 9
[11:08] {Les} .50 break PRU?
01[11:08] {Threei}  nah
01[11:08] {Threei}  enough of these spread-jumpers
[11:09] {Will49} amen
[11:09] {Les} agreed
[11:11] {Will49} hwy...never more, how are you?
[11:11] {Will49} hey
01[11:11] {Threei}  careful will... you know you are in troubles when Raven starts circling above you
[11:11] {Will49} only buzzards bother me
[11:12] {nemo} going for all time highs on spy
01[11:12] {Threei}  really? you haven't heard about the owl attacking people in Beacon Hill park then
[11:12] {Will49} yeah..did
[11:13] {Will49} Park is a dangerous place in nesting season
[11:13] {Raven} {}
[11:13] {dino} cp spike
[11:13] {Will49} specially crows
[11:14] {RonS} 2 mos ago had an owl fly 5 feet right over my head, looking down...diaper time...
[11:14] {dino} sm s .49
[11:14] {backman} got booted....did MET make 1:2 ?
[11:14] {Will49} trivia: Victoria is crow capital of North America
01[11:14] {Threei}  no
[11:14] {jdetente} not yet
[11:15] {backman} tu
01[11:15] {Threei}  great horned once amazed me flying inches from my cheel - absolutely silently
01[11:15] {Threei}  no sound at all
[11:16] {nemo} almost had an owl land on me while sitting in a treestand
01[11:16] {Threei}  I have its photos somewhere, lemme find them...
[11:16] {Will49} he liked your beard
01[11:16] {Threei}  http://photography.realitytrader.com/2012/08/great-horned-owl.html
[11:16] {dino} cp stop .69, -.20
[11:17] {dino} rinsed
[11:18] {RonS} nemo needs copies so can show bunny to make her tremble
[11:18] {nemo} think cat might be a short here
[11:18] {nemo} got to show Redux now too
01[11:19] {Threei} Long Setup:  C  46 break
01[11:19] {Threei}  If holds  .94
[11:21] {nemo} here come spy new highs
01[11:21] {Threei}  it touched 160 yesterday before open, nemo
[11:21] {nemo} 160.12 to be exact
[11:22] {nemo} they have to give CNBC something to cheerlead about
[11:25] {backman} stop on c .93?
01[11:25] {Threei}  right
01[11:25] {Threei}  target 1:2
[11:27] {nemo} mpc looks short under .30
[11:28] {nemo} volume spike last minute
01[11:29] {Threei}  half out .09
[11:34] {thomcbell} pru coming in a bunch
[11:40] {Will49} MET = bladder buster
01[11:40] {Threei}  lol
[11:41] {Will49} that's what hard stops are for, right Vad?
01[11:41] {Threei}  pretty much
01[11:41] {Threei}  slow stock, won't kill you on a stop
[11:42] {Will49} now there's a kangaroo tail
[11:42] {Les} unless you need a diaper change Will?
[11:42] {Will49} big cork meets my needs
[11:43] {Les} just remember to wash your thumb afterwards
[11:43] {Will49} we have rubber gloves for that over here
[11:44] {Will49} Europeans use bare hands?
[11:44] {Les} no, toilets
[11:44] {Les} you canucks are a sorry lot
[11:44] {RonS} they got no corn cobs...
[11:44] {jdetente} I thought Les used the bidet.
[11:45] {Will49} well at least you spelled it right this time
[11:45] {Will49} canucks
[11:48] {Will49} Vancouver Canucks are shark-bitten this morning
[11:48] {RonS} san jose?
[11:48] {Will49} yes
[11:49] {RonS} my mom's team
[11:49] {Will49} may win it all if goaltending holds up
[11:50] {Will49} best coaching staff in league, imho
01[11:53] {Threei}  MET... can't it be?
[11:54] {Les} took quarter off into thsi spike
[11:54] {Will49} ahhhh, sweet relief
01[11:54] {Threei}  lol
[11:54] {Les} finally pissed yer pants hey
[11:55] {Will49} big empty coffee cup
[11:56] {Will49} anyway, at my age, i have a stack of depends nearby
01[11:56] {Threei}  1:2 baby
[11:58] {thomcbell} lovely
[11:58] {Les} wlt .65 short?
[11:58] {jdetente} 1:3 nice
[11:59] {Will49} out 1:3 worth the painful wait :)
01[12:00] {Threei}  woohoo
01[12:00] {Threei}  Ripley's trade
[12:00] {Les} Ripley?
[12:00] {Will49} rip my bladder
01[12:00] {Threei}  as in \Ripley's Believe it or Not
[12:00] {Les} ah
01[12:01] {Threei}  WLT, coin toss
[12:01] {Les} k
01[12:01] {Threei}  Warren Buffett Joins Twitter
01[12:01] {Threei}  on.wsj.com
01[12:01] {Threei}  Pigs aren�t flying, lambs aren�t lying down with lions, and hell isn�t getting any cooler. But Warren Buffett is joining Twitter.
01[12:02] {Threei}  C 1:2, out
01[12:02] {Threei}  can I go home?
[12:03] {Les} cost you a fifth of vodka
[12:03] {jdetente} didn't C cross back down below entry after hitting 1:1?
01[12:03] {Threei}  it did?
01[12:03] {Threei}  I left for a few min, didn't see it
[12:03] {Les} 100 or 200 shares worth yeh
[12:03] {jdetente} hit 45.98 I believe
01[12:04] {Threei}  lucky bathroom break for me then
[12:04] {jdetente} see it pays not to use depends
[12:04] {backman} yes...i wondered if stop was BE once u unloaded 1/2 at .09?
01[12:05] {Threei}  yes
01[12:05] {Threei}  so... should I return the profit from the second half to the maket?
[12:06] {jdetente} lol
[12:06] {backman} no....plz send to my nigerian trading account
[12:07] {backman} CAt might be reversing...never can be too sure
01[12:22] {Threei} Short Setup: GLD  142 break hl
[12:26] {Will49} is this alert just designed to keep me in my seat thru lunch? :)
[12:26] {jdetente} not anymore
01[12:26] {Threei}  lol
[12:26] {Will49} there!
01[12:27] {Threei}  wow MET
[12:27] {Will49} free to have a s/s/s/s
[12:27] {jdetente} you killed the trade Will
01[12:27] {Threei}  who'd have thought
[12:27] {Will49} sorry
[12:27] {Les} HoD here MET
01[12:27] {Threei}  what's that? 4 rolls of sushi?
[12:27] {jdetente} 4 rolls of something
01[12:27] {Threei}  curled up bacon?
[12:27] {Will49} sh**, shower, shave and shampoo
[12:28] {Will49} old military lingo
01[12:28] {Threei}  excuse me... you mean you traded unshaved??
01[12:28] {Threei}  no tie??
01[12:28] {Threei}  I am shocked
[12:28] {jdetente} I trade in suit
[12:28] {Will49} oh gawd....busted
[12:29] {Will49} yeah jd...birthday suit i bet
[12:29] {jdetente} hehe
[12:29] {jdetente} now I'm busted :(
[12:29] {Will49} does anybody what Les wears?
[12:30] {Will49} wonder
[12:30] {Will49} nemo?
01[12:30] {Threei}  and all this despite [10:15] * Buster (Buster@2a2ca4.30175d.a80f2d.3b7541) Quit
[12:30] {jdetente} leiderhosen?
[12:30] {Will49} haha
[12:30] {nemo} very long sleeved jacket with extra belts
01[12:31] {Threei}  as long as Les is not scottish, I don't care
[12:31] {Will49} LOL
01[12:31] {Threei}  is he is, make sure he is not a parachutist
[12:31] {jdetente} lol
01[12:31] {Threei}  is = if
[12:31] {nemo} as long as he lands on a barbed wire fence
[12:31] {jdetente} Scottish paratrooper...deadliest armed forces
[12:31] {Les} we bored
01[12:32] {Threei}  jf and ron must have forgotten how insane we can be
[12:32] {Will49} don't worry Les, we are too
01[12:32] {Threei}  I mean, vision of scottish parachutists is not for faint heart
[12:33] {Will49} be careful Vad, I'm half Scot and half Viking
[12:33] {Will49} guess which half
[12:33] {nemo} so you're beserk
01[12:33] {Threei}  so... kilt and hat with horns for the next party?
[12:33] {jdetente} I found Les :(
[12:33] {jdetente} http://www.starpulse.com/news/media/Bruno-Lederhosen-3.jpg
01[12:33] {Threei}  my eyes
[12:33] {Will49} LOL Vad
01[12:33] {Threei}  retina burned
[12:34] {nemo} pru looks short here
01[12:34] {Threei}  (DE) Germany Chancellor Merkel: Emerging economies in Latin America and China are a threat to Germany
01[12:34] {Threei}  seriously?
[12:35] {Will49} it's OK passmm, we'll be finished horsing around shortly
01[12:35] {Threei}  your frikin union is a threat to Germany
01[12:35] {Threei}  and if you don't see it, you are a threat to Germany
[12:35] {Les} she wanna do what? start up the German war machine again?
[12:36] {nemo} Redux escaped.....little bastard
01[12:36] {Threei}  sooner or later it'll happen
01[12:37] {Threei}  when US withdraws its military presence, a lot of military machines are going to be restarted all over the world
[12:37] {nemo} Germans are pussies now
[12:38] {Les} beer drinking pussies with beautiful blondes. that counts
[12:39] {jdetente} Europe is lost...and U.S./Canada heading down the same path
[12:40] {Les} what outta the house nemo?
[12:41] {Will49} see any owls around nemo?
01[12:41] {Threei}  in an unlikely turn of events, Canada suddenly became the most conservative of the bunch
01[12:41] {Threei}  who would have thought
[12:41] {jdetente} seriously
[12:41] {Will49} wait till we unleash our 3-ship navy
01[12:41] {Threei}  GLD
01[12:41] {Threei}  setup is back
01[12:42] {Threei}  we also have 2 planes and three Canadian Geese in confederate hats, will
[12:42] {Will49} :)
[12:45] {nemo} haven't seen any owls since hunting season
[12:45] {Will49} it's the one you don't see that gets Redux
[12:46] {nemo} nah, not in the house
[12:47] {Les} MET DT
01[12:50] {Threei}  http://www.raesidecartoon.com/dbtest/index.php?com=default&o=0&i=2664&category=73#image
[12:50] {jdetente} GLD does not want us to short it
[12:50] {nemo} the world uses the US as it's army
[12:51] {Will49} good one Vad
01[12:51] {Threei}  and swears at US fpor being the world's police, nemo
[12:51] {nemo} yep
[12:51] {Will49} nemo, how do you think we keep our health care costs low?
01[12:52] {Threei}  I say withdraw from everywhere and let them fend for themselves
[12:52] {nemo} Same with the rest of the world
[12:52] {nemo} we should charge the world, or else
[12:52] {Will49} sorry, you're stuck with us
[12:52] {nemo} cough it up Canada, or say bye bye Montreal
[12:52] {nemo} takes care of two problems
01[12:53] {Threei}  hmmm
[12:53] {nemo} francophiles
[12:53] {Will49} we're holding our breath till the day you come after our fresh water
01[12:53] {Threei}  you can have whole Quebec but leave us Montreal please
[12:53] {nemo} nah
01[12:54] {Threei}  in another rather ironic turn of events... you know the only war US lost, and to whom?
[12:54] {Will49} our francophiles are much like their french cousins, only more polite
[12:54] {nemo} irrelevant...part of the disease
[12:54] {Les} no, which one?
[12:55] {nemo} Vietnam
[12:55] {nemo} France was there right before that
01[12:55] {Threei}  http://www.lutins.org/1812.html
[12:56] {Les} oh, ok
[12:56] {Les} wasn't think trick question, like Mexico or Cuba, Spain
[12:56] {Les} was thinking trick
01[12:56] {Threei}  1812, war with Canada
[12:56] {Les} early century stuff
[12:56] {Les} went to war against canada?
[12:56] {nemo} British colony
[12:59] {Les} MET .90 long?
01[12:59] {Threei}  no
01[12:59] {Threei}  right chart, wrong time
[13:01] {Les} WLT cup and handle was good for 1:2
[13:07] {nemo} apa short
[13:07] {Les} hmmm WLT 17 break down if it holds .10?
01[13:15] {Threei}  can't tell
[13:15] {Les} see if it heasds back to LoD as the close approaches
[13:17] {stevw} BBRY possible c&h forming
[13:24] {stevw} well ... i did say "possible"
01[13:24] {Threei}  GLD
01[13:24] {Threei}  again
01[13:24] {Threei}  one of thesde times
01[13:24] {Threei}  feels like it's time for it to obey the gravity
[13:29] {Will49} not on short list
[13:42] {RonS} quote from nemo?  I can tell people are judgmental just by looking at them.
[13:43] {Will49} LOL
[13:57] {Alexs} r u in GLD trade Vad?
01[13:58] {Threei}  yes, and dying of boredom
06[14:00] * Threei trips GLD and pushes it over the edge of the cliff
[14:01] {nemo} reminds me of subway technique
[14:01] {Will49} sheeesh, i tried 3-4 times to short but got declined
[14:02] {Will49} discrimination against canucks:)
[14:02] {Les} always the charmer Nemo
[14:02] {nemo} try one of the inverse gold etfs
[14:03] {jdetente} well I've got a meeting to go to...ditching GLD. See you all tomorrow.
[14:03] {nemo} yeah, gently step on the foot, little shoulder shot into an oncoming train, no problem
[14:03] {Les} cheers jd
[14:04] {jdetente} thanks for the trades Vad
01[14:04] {Threei}  take care jd
01[14:04] {Threei}  yw
[14:05] {Les} oh come on vad wave magic 2x4 at GLD
01[14:06] {Threei}  should die without that
01[14:06] {Threei}  there you go
01[14:06] {Threei}  1:1
01[14:06] {Threei}  perseverance
[14:06] {Les} threats
[14:07] {Les} 1:3 target?
01[14:07] {Threei}  if we find this much patience, yes
[14:08] {Les} hehehe wise word
[14:08] {Les} s
[14:10] {Les} lower high WLT
[14:10] {nemo} tink the top is in for the day
01[14:14] {Threei}  1:2
[14:14] {Les} quarter at .81
[14:15] {Les} http://ireport.cnn.com/docs/DOC-966426
[14:15] {Les} bitcoin ponzi coming unstuck
[14:16] {Les} out on a trail ty
01[14:17] {Threei}  yw
[14:43] {Les} .
[14:44] {Will49} your point?
01[14:44] {Threei}  not to put too fine point on it
[14:44] {Les} no point
[14:44] {Will49} as nemo would say, only at the top of your head
01[14:45] {Threei}  hmmm... we have a resort here, called Point No Point
[14:45] {Les} BBRY warming up with a bit of volume
[14:46] {Les} dunno if failure to hold 16 shourl suver as short. indexes want up
[14:48] {nemo} the SIMAGA rally is starting
[14:51] {Les} SMH breaking out of a 9 year pennant
[14:51] {Les} could be start of something new
[14:55] {Les} vad FCX .35 short?
01[14:56] {Threei}  I like
01[14:56] {Threei}  tight stop, .41
[15:09] {Les} http://www.imdb.com/title/tt1535108/
[15:09] {Les} cool, one of my favourite sci fi directors gotta new film for summer
[15:10] {Les} I like the space station eden for uber wealthy
[15:17] {RonS} 6 in of snow almost gone in 42 degree mile high sunshine  :O
[15:27] {Les} stopped and outta here. decent day overall. a+
[15:29] {Will49} see ya Les
[15:29] {Les} will miss 1st half trading tomorrow vad, c u for afternoon fishies
[15:29] {Les} cy will
[15:47] {nemo} nflx
[15:47] {nemo} not the stock
[15:47] {nemo} I'm so bored
[15:47] {nemo} I'm watching
01[15:48] {Threei}  finishing with stall
01[15:48] {Threei}  can't find last trade
[15:48] {nemo} bathroom stall?
[15:48] {Will49} I'm going back in my stall too for the afternoon
[15:49] {nemo} watching "Fringe"  good show
[15:49] {Will49} nice hay sandwich waiting for me
01[15:49] {Threei}  ok... running out of time
01[15:49] {Threei}  thank you all, have a good evening
[15:49] {Will49} Not a bad day...be good everyone
01[15:49] {Threei}  see you tomorrow

May 1 2013

FOMC days are rarely easy but we handled this one nicely, with 5 wins out of 7 trades. 


Session Time: Wed May 01 00:00:00 2013

01[08:58] {Threei}  morning patel
[08:58] {stevw} g'mornin
01[09:00] {Threei}  stev :)
01[09:00] {Threei}  *(US) APR ADP EMPLOYMENT CHANGE: +119K V +150KE (lowest since Sep 2012)- Prior ADP Employment Change revised lower from +158K to +131K
[09:01] {dino} gm & ugh
01[09:02] {Threei}  dino :)
[09:02] {stevw} what's up dino?
[09:02] {dino} flipped fire afterhours for 2 bucks, thing is now up 5
[09:03] {dino} i got out at 49.62
[09:04] {stevw} what were you seeing - capitulation?
[09:04] {dino} yes hit 45's
[09:06] {Les} screw Nemo and good morning to the rest of ya
01[09:07] {Threei}  how delightfully impolite
[09:08] {Les} not sure I got first insult in for the day, but I try
[09:08] {cipher} gm
[09:08] {Les} ya bunny still living Nemo?
01[09:10] {Threei}  cipher :)
[09:10] {nemo} probably longer than you Les
[09:11] {Les} hehehe
[09:11] {Les} I'll take bunny off yer hands with a plate of polenta any time you want
[09:12] {jdetente} morning all
[09:12] {nemo} I'm thinking Fava beans and a chianti
01[09:12] {Threei}  jd :)
[09:13] {Les} ugh green beans, that's like ... healthy crap. u can sell that to vad
[09:13] {Les} and the metals futures are lighting up
[09:18] {Les} risotto of summer black truffel mushrooms and rabbit fricasée...
[09:18] {Les} almost the season
[09:20] {thomcbell} can you freeze that and send it to nyc for me - :)
[09:20] {thomcbell} Les
[09:20] {stevw} hmm ... i don't recall this kind of stuff on the Market Muse Morning Tuneup cd
[09:21] {Will49} gm
[09:21] {Alexs} gm
[09:21] {Les} philistine tbell
[09:21] {Les} Italian cooking, straight off the pan and into the gullet
[09:21] {nemo} vxx could be tradeable today very liquid, likely to have range
01[09:21] {Threei}  will, alex :)
01[09:22] {Threei}  this is our newest approach, stec... pretend market doesn't exist
[09:22] {stevw} aah - sound more zen than tao
[09:24] {Les} still have fond memories of small family restaurant in Lecco in Italy, Grandma pumping out trolley after trolley of risotto, lasagne, spaghetti alle vongole... This is what Europe is about, not this frikin Euro BS
[09:25] {Les} Italy could be great again once it drops the single currnecy
03[09:25] * Retrieving #discussions modes...
[09:31] {backman} .
[09:32] {Les} can we stop pretending market doesn't exist now? :)
01[09:32] {Threei} Long Setup:  GDX  .35 break
01[09:33] {Threei}  If holds  .27
[09:34] {Les} vad 17 1.3 or 13 1.7 bb's?
01[09:35] {Threei}  13 1.7
[09:36] {Les} ty adding em in today
01[09:36] {Threei}  1 cent to 1:1
[09:36] {Les} misread you took .30 break half out
01[09:36] {Threei}  trail stop to .29
01[09:37] {Threei}  half out
01[09:37] {Threei}  1:1
[09:37] {RonS} gm...quite the troop these days  :)
01[09:37] {Threei}  stop to .34
01[09:38] {Threei}  Ron!!
01[09:38] {Threei}  welcome back!
[09:38] {cc_9} Good morning Fellas
01[09:38] {Threei}  cc9 :)
[09:39] {RonS} ty...been slipping into old bad habits...time to come to Jesus  ;)
[09:39] {Les} lol
01[09:39] {Threei}  1:2
[09:40] {Les} all out .57 from .33 ty
[09:40] {thomcbell} hig pivot test - will look for a long setup somewhere in here
[09:41] {jdetente} all out too. thanks Vad.
01[09:41] {Threei}  :)
[09:41] {dino} rbc sm l .00 gappy
[09:42] {Will49} nice start...ty Vad
01[09:43] {Threei}  yw
[09:46] {nemo} Hey Ron...nephew came home with another baby rabbit the other day
01[09:46] {Threei} Short Setup: SLW  .90 break
[09:46] {RonS} ya, been reading the log...you're nuts with those things...
[09:46] {dino} rbc stop .65 -.35
[09:47] {nemo} nephew's fault
01[09:47] {Threei}  he is nuts, period
[09:47] {nemo} Vad...remember, I'm an exorcist...which means not only can I take them out...I can put them in
[09:48] {Les} yeh, he's nuts
01[09:48] {Threei}  good to know
[09:48] {Les} not HIS nuts, he's nuts
[09:48] {dino} ccg drop
[09:49] {nemo} obviously, Les is in need of my services.."Nuts"
[09:49] {Les} bout time you came over and said hello0
[09:49] {nemo} cat
[09:51] {patel} stop on SLW
[09:51] {dino} ccg sm l .99
[09:51] {patel} 24
01[09:51] {Threei}  standard
01[09:51] {Threei}  just above
[09:53] {thomcbell} long setup tyc 32.09 break if holding 32
[09:54] {nemo} mpc
01[09:54] {Threei}  oh come on SLW, die already!
[09:54] {thomcbell} long setup hig 27.94 break if holding 27.86
[09:58] {Les} violence time for slw me thinks
[09:59] {cipher} TSLA L .70
[09:59] {cipher} out .87
[09:59] {Will49} SLW=SLOW
01[10:00] {Threei}  quite uncharacteristically I might add
[10:00] {cipher} TITN L .06
01[10:00] {Threei}  *(US) APR ISM MANUFACTURING: 50.7 V 50.6E; PRICES PAID: V 52.6E
01[10:00] {Threei}  *(US) MAR CONSTRUCTION SPENDING M/M: -1.7% V 0.6%E
[10:01] {dino} ipgp
[10:01] {dino} sm l .90 pulp
[10:01] {cipher} ntap l.76
01[10:02] {Threei} Short Setup: GDX  .60 break
01[10:02] {Threei}  If holds  .65
[10:03] {cipher} out NTAP .90 +.14
[10:04] {nemo} got resistance at .70 Vad
[10:06] {dino} rbc .00 trig
[10:07] {stevw} short setup on C?
[10:08] {Les} spy touched 160 premarket back to 159 bounce time if ever
01[10:08] {Threei}  was at 46
[10:08] {thomcbell} hig out
[10:09] {stevw} yup, too late
[10:09] {cipher} sgen l .08
01[10:09] {Threei}  SPY shoud lose 159 now
01[10:09] {Threei}  flash down, and then bounce
[10:10] {dino} out ipgp .44, +.54
01[10:10] {Threei}  come on, what's with this struggle
01[10:11] {Threei}  things shouldn't be this slow this early
[10:11] {stevw} battle for 42 in TNA
[10:11] {Les} if only the market knew the dark side of the force
[10:11] {dino} fed day
[10:11] {thomcbell} kors curiously strong - chart was settin gup in multiple time frames
[10:12] {Les} canning GDX .53 +.05 holding slw
01[10:13] {Threei}  GDX 1:1, finally
[10:14] {Les} nice candle IWM
[10:14] {Les} daily
01[10:15] {Threei}  half out SLW
[10:15] {cipher} uthr l .95
01[10:15] {Threei}  stop to .95
01[10:17] {Threei}  I didn't sign up for being so patient at such early time
01[10:17] {Threei}  SLW 1:1, double finally
01[10:17] {Threei}  GDX 1:2
01[10:17] {Threei}  OK, patience is still a virtue
[10:18] {Les} story of my life, or lack of
01[10:18] {Threei}  I don't know why you are in such a hurry
01[10:18] {Threei}  let them work
01[10:18] {Threei}  vu wei
01[10:18] {Threei}  there is natural flow of things, don't meddle
[10:18] {Les} is that austrian?
[10:19] {nemo} FrankenLes
[10:20] {Les} I know I have to get greedier on the good days, but after the last few days happy to collar them quicker
01[10:21] {Threei}  for those who still haven't read A Taoist Trader,
01[10:21] {Threei}  One of Taoism�s most important concepts is wu wei, which is sometimes translated as �non-doing� or �non-action.� A better way to think of it, however, is as a paradoxical �Action of non-action.� Wu wei refers to the cultivation of a state of being in which our actions are quite effortlessly in alignment with the ebb and flow of the elemental cycles of the natural world. It is a kind of �going with the flow� that is characterized by great ease and awake-ness, in which - without even trying - we�re able to respond perfectly to whatever situations arise.
[10:21] {cipher} VCLK L.67
[10:24] {nemo} fdx
01[10:25] {Threei} Short Setup: CAT  .50 break hl
01[10:25] {Threei}  If holds  .60
[10:27] {Les} RIG 51 short might be a setup
[10:27] {Les} if it drops
01[10:27] {Threei}  1:1
01[10:29] {Threei}  1:2, out
[10:29] {Les} me 2 ty
[10:30] {patel} wow man
[10:30] {patel} just lost internet while in middle of the CAT trade.
[10:30] {jdetente} yikes
[10:30] {patel} had to call my broker to close my trade.
[10:30] {jdetente} that happened to me a couple of weeks ago..no fun
[10:30] {patel} oh yeah its no fun.
[10:31] {patel} Good thing CAT was in my direction
[10:31] {jdetente} switched to my smart phone to close the trade. lol
01[10:31] {Threei}  yeah
[10:31] {patel} anyways out +.20
[10:31] {patel} thanks Vad
01[10:31] {Threei}  sure thing
[10:31] {Will49} nice on Cat tks...out a bit early
[10:32] {cipher} out UTHR .17 +.22
[10:32] {Les} fusion just did an auto reconnect on me so perhaps not just local to patel
[10:33] {patel} Les, I lost everything
[10:33] {patel} internet, phone
[10:33] {patel} and I am on DAS trader.
[10:33] {nemo} that was me Les
01[10:33] {Threei}  lol
[10:34] {stevw} watching TNA for a setup - can't figure it out yet
[10:34] {nemo} o.k. bellbutton cleaning time until Bennie
[10:35] {nemo} this low on IWM is the new monthly pivot as of last night.
01[10:35] {Threei}  I don't see anything clear on TNA yet, stev
[10:36] {dino} agn drop
[10:36] {Les} miners have almost stopped trading
[10:36] {Les} might argue inverted cup and handle here on GDX
[10:37] {Les} or H&S
[10:37] {dino} agn sm l .80 pulp
[10:41] {cipher} out VCLK .86 +.19
[10:42] {dino} out agn .30, +.50
[10:44] {cipher} wtg
[10:44] {cipher} I only got .+30
[10:45] {dino} elli sm l .45
[10:45] {dino} lol cipher
[10:45] {dino} ccg to .15
[10:46] {dino} out ccg +.15
[10:47] {nemo} whoa, bids pulled in ffiv
[10:48] {dino} thg gap fill
[10:49] {cipher} thg l.12
[10:49] {dino} sm l .12
[10:49] {dino} huge beat yesterday
[10:53] {backman} GDX..on the way to new lows?
[10:53] {dino} maybe so
[10:53] {thomcbell} ctrying to double bottom
[10:55] {cipher} MEOH L .97
[10:55] {Will49} looks like Fed news leaked early again
01[10:55] {Threei}  hard to tell, GDX
[10:56] {Les} that'd be shocking will
01[10:56] {Threei}  activity dies down for Fed
[10:58] {nemo} fdx
[10:58] {nemo} drop of .90, but got a whack-a-mole feel about it
[11:00] {backman} GDX had big breakout above .40 yesterday...fwiw
[11:00] {dino} stop thg .92 -.20
[11:03] {cc_9} IWM/TNA weaker than overall market
[11:03] {cc_9} already back to lows
[11:04] {dino} 07 green
[11:04] {nemo} yeah, low is new montly pivot, 50 sma just below around .50ish, weekly pivot 92.20
01[11:04] {Threei} Long Setup:  TNA  .70 break hl
[11:04] {nemo} fat finger stop hunt on fdx, likely means lower
01[11:04] {Threei}  If holds  .60
[11:04] {dino} thg rinse
[11:05] {backman} tna 2 waa?
[11:06] {dino} agn drop
01[11:06] {Threei}  I don't think you can short TNA
[11:06] {nemo} short iwm
[11:06] {dino} halt/
01[11:08] {Threei}  AGN US appeals court affirms in part and reverses in part case against Watson, Novartis
01[11:08] {Threei}  AGN Exec: Darpin eye drug phase 2 data does not support taking it directly to Phase 3 trial - conf call comments
01[11:09] {Threei}  1:1
01[11:09] {Threei}  1:2
[11:09] {Les} sweet. ty
01[11:09] {Threei}  yw
[11:10] {patel} THANK YOU
[11:10] {patel} sorry about hte caps
01[11:10] {Threei}  :)
[11:10] {jdetente} good trading. Thanks Vad.
06[11:10] * Les SLAPS PATEL FOR BAD ETTIQUETTE
01[11:10] {Threei}  welcome guys... 5:5 so far
01[11:11] {Threei}  with 7:8 yesterday, I think we slapped them back good for Monday
[11:12] {Will49} your mojo workin'
[11:12] {cipher} HMIN L.47
[11:12] {Will49} have no idea what a "mojo" is
[11:12] {Les} AUS/USD getting closer to break 36 mth range. could be bye bye to commodity wealth for aussies soon
[11:13] {Les} could be signalling
01[11:14] {Threei}  have to ask Austin Powers, will
[11:14] {Will49} :)
[11:15] {Will49} Mojo may refer to: Mojo (African American culture), a magical charm bag used in hoodoo.
[11:15] {Les} http://www.youtube.com/watch?v=a6Acigj8isc
01[11:16] {Threei}  lol
[11:17] {Will49} LOL
[11:17] {cipher} BSFT L.87
01[11:17] {Threei}  no questions remain unanswered for too long here, eh will? :)
[11:17] {Will49} What the h**** did we do before the internet?
01[11:17] {Threei}  there was "before the internet"?
[11:18] {Les} 20 years old, yeh
[11:18] {backman} like when porn was on paper?
[11:19] {Will49} what is porn?
[11:19] {Les} didn't take em long to get internet out of physicists room and into porn yeh
01[11:19] {Threei}  what is paper?
[11:19] {Will49} haha
[11:19] {Les} got shelves of it surrounding me
01[11:19] {Threei}  porn?
[11:19] {Les} hehhehe paper
[11:19] {nemo} got there first
[11:19] {Will49} toilet paper?
[11:19] {RonS} BREAKING: Three suspects in custody in Boston Marathon bombing: Boston police
[11:20] {Les} not ready for tablet reading yet
01[11:20] {Threei}  (US) Boston police indicate that they have taken 3 additional suspects in to custody related to the investigation into the Boston Marathon bombing
[11:21] {cipher} THG stopped .99 -.13
[11:24] {patel} FCX short under 30
[11:24] {Will49} waht time is Fed news expected?
[11:24] {Will49} what
01[11:25] {Threei}  way too narrow, patel
[11:25] {nemo} 2:15
01[11:25] {Threei}  will hold you hostage for hours
[11:25] {Will49} tks nemo
[11:26] {nemo} EXPE
[11:26] {backman} cat approaching new low
[11:26] {nemo} frickin' dis
01[11:33] {Threei}  suspects arrested are college students
01[11:33] {Threei}  I say close the colleges
[11:35] {backman} yah...we need more uninformed traders
[11:37] {jdetente} going to college makes you uninformed...
[11:37] {jdetente} un-informed that is hehe
01[11:37] {Threei}  uniformly uninformed
[11:37] {cipher} SODA L .87
[11:38] {ese} mornin ladies and gents.....just poppin in for a few minutes from Memphis Tenn
[11:38] {ese} how the hell are ya
01[11:38] {Threei}  hey ese!
[11:38] {ese} vad
01[11:38] {Threei}  we are good
[11:39] {ese} so are we......and we made Canadian Music history here
[11:39] {backman} FCX breaking down with gdx
[11:39] {cc_9} TNA getting boring
01[11:39] {Threei}  when are you back?
[11:39] {ese} first band from canada to play at stax to the max festival
[11:39] {ese} next week
[11:40] {Will49} congrats ese
[11:40] {Will49} wouldn't have happened without you
[11:41] {ese} the founder of stax Al Bell came back stage after our show in tears.....this is the man that signed Isaac Hayes, the Staple Singers,,Ottis Redding, Wilson Picket.......he loved us and might be signing one of the girls
[11:41] {Will49} excellent
[11:42] {ese} it's awesome down here........maybe the friendliest people on the planet
[11:42] {ese} especially in the Soulsville community
[11:42] {ese} am off to the civil rights museum....cya next week
[11:43] {ese} take care
01[11:43] {Threei}  have fun
[11:43] {Will49} peace
[11:43] {ese} tks vad will
[11:44] {patel} fcx
[11:44] {patel} sorry
[11:47] {cc_9} TNA cliff dive
[11:55] {dino} azpn drop
[11:55] {dino} sm l .97
[12:01] {dino} out azpn .57, +.60
[12:02] {dino} taking break
01[12:02] {Threei}  wtg
[12:11] {RonS} 6in of snow here since 6 am...more 'til morning  :P
[12:12] {dino} that sucks ron
01[12:13] {Threei}  wow
01[12:13] {Threei}  in May
[12:14] {dino} you're breaking snow and cold records aren't you/
01[12:14] {Threei}  global warming decided to skip most of the globe
[12:15] {dino} in ne pa we broke most consecqutive days below 10 f, frpm the 1940s
[12:16] {Les} back for close a+
[12:17] {thomcbell} long setup kors 57.10 break if holding 56.99
[12:20] {Will49} Ron, where are you?
[12:20] {RonS} Denver CO
[12:21] {Will49} Wow, that is surprising
[12:21] {Will49} in the mountains?
[12:21] {RonS} no
[12:21] {Will49} egads
[12:21] {Will49} as they say on Downton Abbey
[12:24] {cc_9} KBH looks good here for 21.97 s/l
[12:28] {patel} This internet issue is really annoying.
[12:28] {patel} Was just told by Comcast it will be fixed by 3:25 pm
01[12:28] {Threei}  wow, such precision
[12:42] {cipher} ADSK L .56
[12:43] {cipher} EVEP L.85
[12:46] {cipher} CSTR L.04
[12:47] {thomcbell} cstr intresting righ tnear 200sma
[12:49] {cipher} ADSK stoped  .52 -.04
[12:57] {cipher} out EVEP .05 +.20
[13:08] {cipher} IBM L.26
[13:08] {stevw} didn't miss much by going to the gym for the last hour, did I!
01[13:08] {Threei}  not at all
01[13:08] {Threei}  unless you count hearing loud snoring as a miss
[13:08] {dino} elli sm l .95
[13:12] {backman} TNA bounce?
[13:12] {stevw} maybe BBRY will soon stop doing what it's been doing
01[13:13] {Threei}  TNA doesn't look ready yet
01[13:13] {Threei}  you mean sucking, stev?
01[13:13] {Threei}  I doubt it :)
[13:13] {stevw} hey, you're not making fun of a local company, are you?
[13:14] {stevw} (local to me)
01[13:14] {Threei}  one of privileges og libing on island, you don't view the mainland as local :)
01[13:14] {Threei}  of living
[13:15] {stevw} i don't say there's a smart trade coming up, but that seems to be a narrowing triangle that will break one way or another soon
01[13:15] {Threei}  it needs some new catalyst for activity, became too narrow and boring lately
[13:16] {cipher} out IBM .56 +.30
[13:19] {dino} gj
[13:20] {cipher} ty
[13:23] {cc_9} TNA is trading as if it kidnapped someone, still hanging around in the basement.
[13:24] {stevw} the selling seems to have abated, though
[13:24] {cc_9} 3pt drop on the day, jeez
[13:24] {cc_9} thats what i thought before it got clubbed another .60
[13:24] {cipher} INCY L .50
[13:24] {cc_9} VIX is not even that high today, sitting tight on KBH long for now
[13:38] {cipher} out INCY .55
[13:49] {dino} bofi drop thin
[13:50] {dino} sm l .84 ave
[13:51] {cc_9} TNA more death geez
[13:51] {cc_9} KBH got stopped
[13:51] {dino} watch tna off of fed
[13:51] {dino} tlt too
[13:56] {cipher} JBHT L.20
[13:57] {nemo} algo's should be pulling liquidity
01[14:00] {Threei}  *(US) FOMC HOLDS FED FUNDS RATE TARGET AT 0.25% (AS EXPECTED): WILL CONTINUE TO PURCHASE LONG TERM TREASURIES AT $45B/MONTH AND $40B/MONTH IN MBS- Vote 11-1 (dissenter Esther L. George, who was concerned that the continued high level of monetary accommodation increased the risks of future economic and financial imbalances and, over time, could cause an increase in long-term inflation expectations.)
[14:00] {cc_9} good call dino
[14:02] {cc_9} welp, that was short lived.
[14:02] {Will49} same old, same old
[14:02] {cipher} out JBHT .30 +.10
[14:03] {cc_9} it ain't nuffin' but a reptilian thang
[14:05] {dino} tna sm l .20
[14:05] {dino} angi drop
[14:05] {dino} sm l .15
[14:06] {RonS} citron research commenting on angi accting
[14:09] {dino} out angi .55, +.40
[14:09] {nemo}   0 of 9 is off his meds
[14:09] {dino} ty ron
[14:10] {nemo} ron dcc
[14:11] {dino} big gap angi 20.40 range last week
[14:11] {dino} out tna flat
01[14:12] {Threei}  Telegraph: Franco-German axis that drove EU affairs since 1950s is "collapsing before our eyes"
[14:13] {nemo} Hope they invade France again
01[14:14] {Threei}  I heard France capitulated to North Korea recently, just in case
[14:15] {nemo} hfc looks short
01[14:15] {Threei}  Court papers: Two defendants destroyed and concealed bombing suspect Tsarnaev's backpack, laptop
[14:15] {dino} tna sm l .05
[14:17] {dino} out bofi .14, +.30
[14:18] {dino} angi sm l .01
[14:20] {dino} out tna .35, +.30
[14:26] {dino} out angi .35, +.34
[14:33] {dino} angi sm l .02
[14:34] {dino} stop is .79
01[14:35] {Threei}  watching GDX for bounce to short
[14:35] {nemo} fFiv looking short
01[14:38] {Threei} Short Setup: GDX  .80 break
01[14:38] {Threei}  If holds  .85
[14:41] {dino} tna sm l .01
[14:42] {dino} angi sm l .55
[14:42] {dino} stop is .48
01[14:47] {Threei}  no go
[14:49] {dino} out angi .05, +.50
[14:49] {cipher} wtg
[14:49] {dino} ty
[14:50] {dino} imo, rally starting
01[14:52] {Threei} Long Setup:  TNA  .10 break
01[14:52] {Threei}  If holds  41
01[14:52] {Threei}  target 1:4
01[14:55] {Threei}  159 SPY break should set it free
[14:59] {cipher} CLMT L.01
01[15:00] {Threei}  grrr
01[15:01] {Threei}  not getting after-FOMC mood right
[15:02] {backman} buy break of 41....tight stop?
01[15:02] {Threei}  this is not a valid swtup, this is guess
[15:03] {backman} how totall out of character for me
[15:09] {jdetente} alright fellas calling it a day. Catch ya tomorrow...
[15:09] {jdetente} thanks for the trading ideas Vad
01[15:09] {Threei}  sure thing
[15:14] {Les} Where is the play and what is my part?
[15:15] {Les} what we in?
[15:15] {backman} u are the jester...keep smiling
01[15:15] {Threei}  nothing right now
06[15:15] * Les smacks backman for speaking the truth
[15:16] {backman} thank u sir...may i have another?
06[15:16] * Les obliges bman with another 4x2
[15:21] {Les} http://tinyurl.com/boncfdt
[15:23] {Les} surprisingly enjoyable film still after 15 years
[15:23] {Les} miners caving in
[15:26] {Les} VMW interesting, but not yet a setup
[15:27] {Les} PVH short 1115?
[15:27] {Les} 115 hl?
[15:28] {Les} spread is large
01[15:28] {Threei}  yeah
[15:29] {Les} GMCR just left the gate from 57
[15:30] {Les} and just like PVH, not selling off in a hurry
[15:31] {Les} impression that its just the index ETF's being pushed lower
[15:34] {Les} benny have anything worth hearing today?
[15:34] {Les} say
01[15:37] {Threei}  not really
[15:37] {Les} nothing new to feed the bulls?
[15:37] {Les} ...the addicts
01[15:38] {Threei}  "we will increase or decrease depending on decreasing or increasing"
01[15:39] {Threei}  "getting better but more work to do and risks remain"
01[15:39] {Threei}  ese would not be happy with ben
[15:39] {Les} yeh sounds like he's laying ground work for his happy ever after biography
01[15:40] {Threei}  just wait for Ben's successor... you will miss ben
[15:41] {cipher} CLMT stopped -.10
01[15:51] {Threei}  ok guys, thank you all
01[15:51] {Threei}  have a good evening, see you tomorrow
[15:51] {Les} cheers
[15:53] {dino} gn all
[16:00] {backman} tu

Apr 30 2013

As customary with us, next day after a rare losing one we get them right back. One stop out of 8 or 9 trades, the rest are all wins. Ranging from scalps to 1:3, long and short, GDX, C, FB and whatnot.


Session Time: Tue Apr 30 00:00:00 2013
[09:04] {jdetente} Good morning...
01[09:06] {Threei}  morning jd
[09:09] {nemo} I have a bunny attached to my neck
01[09:10] {Threei}  I don't even know what to say... that's beyond any normal conversation-starters
[09:11] {dino} gm
01[09:12] {Threei}  dino :)
[09:12] {cipher} gm
01[09:12] {Threei}  cipher :)
[09:20] {Will49} gm
01[09:20] {Threei}  will :)
[09:21] {backman} gm
[09:21] {Les} yo
01[09:21] {Threei}  bman, les :)
01[09:22] {Threei}  - Euro Zone Unemployment hits fresh EMU record of 12.1%
01[09:23] {Threei}  - Equity markets in Europe are mostly higher
01[09:23] {Threei}  yup... sounds about right
[09:24] {KSystems} morning
01[09:24] {Threei}  KS :)
[09:26] {Alexs} gm
01[09:26] {Threei}  alex :)
01[09:32] {Threei} Long Setup:  GDX  .45 break
01[09:33] {Threei}  If holds  .40
01[09:33] {Threei}  Invalidated
[09:33] {dino} aegr spike
01[09:33] {Threei} Long Setup:  C  .90 break
01[09:34] {Threei}  If holds  .80
01[09:34] {Threei}  GDX got away
01[09:34] {Threei}  C 1:1
01[09:35] {Threei} Long Setup:  GDX  .40 break
01[09:35] {Threei}  If holds  .30
[09:35] {thomcbell} hig very strong out of the gate on earnings
01[09:37] {Threei}  C 1:2
[09:37] {nemo} finnies ripping
01[09:38] {Threei}  GDX 1:1
[09:39] {nemo} cat
[09:39] {cipher} PRGO L .85
01[09:40] {Threei}  C 1:3, out
[09:40] {cipher} FFIV L.81
[09:40] {cipher} INFA L.55
01[09:41] {Threei}  wow
[09:41] {Les} strong market
[09:41] {cipher} out FFIV .23 +.42
01[09:41] {Threei}  are we looking at the same market les? :)
[09:41] {Les} yes, forgot the smiley face
[09:42] {Les} :)
[09:42] {cipher} out INFA .70 +.15
01[09:43] {Threei}  no news... what was that?
[09:43] {Les} turnaround tuesday
01[09:44] {Threei}  *(US) APR CHICAGO PURCHASING MANAGER: 49.0 V 52.5E
01[09:45] {Threei}  Prices Paid: 51.0 v 61.0 prior - New Orders: 53.2 v 53.0 prior - Employment: 48.7 v 55.1 prior -
01[09:45] {Threei}  deflation and underemployment
01[09:45] {Threei}  ugly
[09:45] {Les} C .95?
[09:45] {Les} short?
01[09:46] {Threei}  no
01[09:46] {Threei} Short Setup: GDX  .30 break
01[09:46] {Threei}  If holds  .40
01[09:47] {Threei}  1:1
[09:48] {Les} can smell the printer ink being primed from switzerland
[09:49] {cipher} LOGM L.60
[09:49] {nemo} mouse clicks dude
[09:49] {cipher} sial l.33
[09:49] {cipher} out SIAL .59
[09:50] {Les} C death...
[09:52] {backman} NUAN..nothing good to say
[09:53] {dino} osk sm l .32 piulp
01[09:53] {Threei} Long Setup:  CAT  .60 break hl
01[09:53] {Threei}  If holds  .50
01[09:53] {Threei} Long Setup:  C  .70 break
01[09:54] {Threei}  If holds  .65
[09:54] {Les} 2 way?
01[09:54] {Threei}  CAT was
[09:54] {dino} axll sm l .95
01[09:54] {Threei}  C, can't tell
[09:56] {cc_9} Better late than never.
[09:56] {cc_9} Morning gents.
01[09:56] {Threei}  cc9 :)
01[09:56] {Threei}  numbers at 10, let's wait out
[09:57] {cipher} ibb l.81
[09:58] {thomcbell} wow that quicck double top in lvs 1:6
[09:58] {thomcbell} in 10 min
01[09:59] {Threei}  *(US) APR CONSUMER CONFIDENCE: 68.1 V 61.0E
[10:02] {dino} out osk .89, +.67
01[10:03] {Threei} Short Setup: CAT  .50 break
01[10:03] {Threei}  If holds  .60
[10:03] {Les} C db?
[10:04] {dino} wtf .50 slip hard stop out axll -89
[10:04] {Les} ouch
[10:06] {dino} .axll sm l .18
01[10:06] {Threei} Short Setup: C  .60 break
01[10:06] {Threei}  If holds  .70
[10:09] {dino} wll sm l .22
[10:09] {cipher} infa l.26
01[10:10] {Threei}  stop to .66
[10:11] {dino} symc
01[10:12] {Threei}  out
[10:15] {cipher} out INFA .43 +.17
[10:15] {cipher} UTEK L.01
01[10:15] {Threei} Long Setup:  LVS  56 break
01[10:15] {Threei}  If holds  .90
[10:16] {thomcbell} thc 44.14 break if holding 44.04
[10:17] {cipher} ilmn l.62
01[10:18] {Threei}  1:1
[10:20] {thomcbell} thc 1:1
[10:20] {thomcbell} briefly 1:2
[10:20] {Les} CAT might setup c&h if it holds here
[10:21] {nemo} think more likely to short if gets back to 84 unless market runs
[10:22] {thomcbell} thc 1:2
[10:22] {Les} yeh contemplated .90 short, but so close to 84 wanted to see a recross
[10:22] {nemo} thing has been weak since the get go and you're looking for a long to go where?
[10:22] {nemo} just call Les "javelin catcher"
[10:23] {thomcbell} thc 1:3
[10:23] {Les} contrary, looking for aggressive entry to hand it over too longs at 84
[10:23] {thomcbell} 1:4
[10:23] {thomcbell} 1:5
[10:23] {Les} something like this
[10:24] {thomcbell} and out
01[10:24] {Threei}  wtg
[10:24] {thomcbell} tu
[10:26] {thomcbell} long setup hca 40 break if holding 39.91 - looks not ready yet but will move well if triggered
[10:26] {dino} out axll .43, +1.25
[10:27] {thomcbell} hca invalid
[10:28] {thomcbell} hca might have been a shakeout there
01[10:31] {Threei}  IBM *RAISES DIVIDNED; AUTHORIZES BUYBACK
[10:32] {dino} ironic, they always issue low and buy high
[10:34] {nemo} allows the officers to sell back to the company before the price tanks
[10:34] {dino} better use would be just dividend
[10:35] {nemo}  for whom?
[10:35] {dino} common
[10:35] {nemo} ibm at the 200 day
[10:36] {thomcbell} phwew thc
[10:48] {dino} out wll .67, +.45
01[10:49] {Threei}  US President Obama: Syria has been a slow unfolding disaster, the US has not been a bystander, reiterates President Assad must step down
01[10:49] {Threei}  Assad: yes... gimme coupla min to get my things
[10:50] {KSystems} :D
[10:50] {KSystems} {Assad} wtf
[10:51] {dino} tfx?
01[10:54] {Threei}  nothing on TFX since earnings in the morning
[10:54] {Les} GDX short .10?
[10:54] {dino} feels like wants up
[10:54] {dino} tfx
[10:54] {dino} lol, and drops
[10:55] {dino} .50 break trig
01[10:56] {Threei}  I think so Les
01[10:56] {Threei}  chart's right, time is not very conducive
[10:57] {cipher} DISH L .90
[11:01] {cipher} +.40 TFX thx dino
[11:02] {dino} gj
[11:05] {thomcbell} good spot for a db to form on aig - at marning low
[11:05] {thomcbell} morning
01[11:06] {Threei}  GDX worked
[11:06] {thomcbell} hca setup there again with 40 long break
[11:07] {cipher} DISH stopped .92 +.02
[11:12] {dino} tfx wall .75
01[11:14] {Threei} Short Setup: LVS  .15 break
01[11:14] {Threei}  If holds  .25
01[11:18] {Threei}  1:1
01[11:18] {Threei}  so far so good... what are we, 5 for 6 or something?
01[11:20] {Threei}  don't answer all at once
[11:21] {cipher} DISH L .75
[11:21] {Will49} too busy watching
[11:21] {Will49} but yes, nice morning
01[11:22] {Threei}  you mean you are trading with your eyes open will??
[11:22] {Will49} the other way didn't work too well
01[11:22] {Threei}  interesting concept...
[11:22] {Will49} more profit with eyes open
01[11:23] {Threei}  well, I can't open them since watching yesterday's election debate... my retina is burned
[11:23] {thomcbell} wow should have stuck with thc
[11:23] {thomcbell} for additional entries
[11:23] {Will49} when you call a trade at half lot, i only open one eye
[11:23] {thomcbell} instead of looking for hca
[11:23] {Will49} yeah, leaders debate was a pure bore
01[11:24] {Threei}  those are our choices, eh
[11:24] {Will49} pretty sad
[11:24] {Will49} kinda liked Jane Sterk's style though
[11:26] {cipher} biib l.11
[11:29] {KSystems} grmpf
01[11:29] {Threei}  no such symbol
[11:29] {KSystems} rrrr?
01[11:30] {Threei}  there was RRRR in 90s
[11:30] {Will49} you must be a pirate Ksystems
[11:31] {KSystems} like...Arrr?
[11:31] {Will49} :)
[11:32] {thomcbell} hca still valid
[11:39] {Les} sorry vad was doing taxi missed gDX
01[11:40] {Threei}  out last part LVS
[11:41] {Will49} nice trade...tks Vad
[11:41] {dino} geva drop thinny
01[11:41] {Threei}  :)
[11:43] {cipher} BIIB stopped .99 -.12
[11:49] {cipher} BIIB L .31
[11:50] {cipher} out .57
[11:50] {cipher} got him back
[11:57] {nemo} one could make an argument for shorting the indexes here
[11:57] {nemo} I would prefer to see IWM break 94 first
[11:58] {nemo} gap closes around 94.02
[11:58] {nemo} give or take an HFT spread
[12:03] {Les} GDX 29 short?
[12:04] {nemo} you want to do a breakdown at lunch?
[12:04] {Les} I want you to belt up
[12:04] {nemo} riding shotgun with you will definitely shorten my life
[12:04] {Les} gap closure to .25 is a potential
[12:05] {Les} on wathc for later
01[12:09] {Threei}  I remember widespread complaints about Apple maps being unreliable
01[12:09] {Threei}  with cartoons of penguins walking among polar bears, swearing about iPhone maps
01[12:10] {Threei}  yet:
01[12:10] {Threei}  Apple Inc Said to be planning an "aggressive" move into automobile integration, to embed maps and siri functionality into cars - CNET- Apple is currently working with car makers to integrate iPhones and perhaps iPods into car consoles. Apple envisions a way for iPhone owners to plug their devices into cars and then use specially optimized versions of Siri and Maps for in-vehicle use
[12:11] {dino} \going after msft sync
[12:12] {nemo} try mpc short les
[12:14] {cipher} +.10 mpc thx nemo
[12:14] {nemo} np, should be good to the whole
01[12:14] {Threei}  nice one
[12:15] {stevw} SLW off db support at 23.40 while SLV is well above morning lows
[12:15] {stevw} opinions?
01[12:15] {Threei}  new bunny looks to be quite keen on the market moves
[12:15] {nemo} below the whole
[12:15] {nemo} yeah, old bunny really discombobulated
01[12:15] {Threei}  it's at .48, stec... ?
[12:16] {nemo} this long term trend line MPC
[12:16] {stevw} i was a little slow to call it
01[12:16] {Threei}  anyway, a bit too narrow
01[12:17] {Threei}  don't see it as a play
[12:17] {cipher} mpc l .00
[12:17] {cipher} out .21
01[12:18] {Threei}  .40 break, maybe...
[12:19] {thomcbell} short setup abv - 40.49 break if holding 40.60
[12:20] {nemo} wow, that MPC trendline was strong bounce
[12:21] {dino} cnh sm l .00 break
[12:22] {thomcbell} abv invalid
[12:25] {thomcbell} rptp got approbal on a drug - on a tear
01[12:25] {Threei} Short Setup: SLW  .40 break
[12:26] {Les} inverted cup and hanlde?
01[12:27] {Threei}  kind of
[12:27] {Les} k
[12:28] {dino} cnh no go
[12:29] {nemo} mgn looks good short here
[12:29] {cipher} rptp s .50
[12:29] {Les} mgn?
[12:29] {nemo} len too
[12:30] {cipher} cov .30 +.20
[12:31] {nemo} wlt coming into bounce terrritory
[12:31] {nemo} vxx being bought
[12:32] {nemo} frickin' rabbit crawled down my shirt
[12:33] {jdetente} vxx and various similar etfs have been a consistent short all year
[12:33] {cipher} BIIB L .51
01[12:35] {Threei}  Invalidated
[12:36] {nemo} vrtx interesting spot
[12:40] {jdetente} HCA 1:1
[12:42] {nemo} vrtx good short against .10
[12:43] {nemo} except...indexes and aapl headed up...indexes probably get held up until aapl decides what it wants to do at 460
[12:46] {nemo} here comes IWM gap fill
[12:46] {jdetente} HCA 1:2
[12:46] {nemo} uninstalled IE10...was screwing with my system
[12:47] {Will49} rabbit distracted you
[12:47] {nemo} no
01[12:47] {Threei}  I haven't opened IE any single time ever since installing Win7
[12:47] {nemo} my system has been acting a bit screwy, so I default to investigating microsoft software
[12:47] {nemo} I only use it for Freestockcharts
01[12:48] {Threei}  Chrome
[12:48] {nemo} yeah, I have to kill chrome once or twice a day, silverlight has stability problems on it, no surprise, it's a microsuck product too
[12:49] {nemo} I'm very tempted to put Linux on my next box
01[12:49] {Threei}  if you have many tabs open, make sure you set Chrome to open with all tabs it had when closed
01[12:49] {Threei}  then you won;t have to reopen them one by one
[12:49] {nemo} wow volume coming into iwm
[12:53] {thomcbell} hca got 1:2
[12:53] {thomcbell} stopping last 1/4 40.03
01[12:55] {Threei}  how on earth did I forget about TNA .10 break
01[12:56] {Threei}  had it on a backburner
[12:56] {cipher} MELI S.88
[12:58] {nemo} Redux is dreaming, twitching
[12:59] {jdetente} needs to be nursed?
[13:00] {nemo} eats hard foods now, but was trying to nurse of of Bunny, she was verklemmt
[13:00] {jdetente} that must of been quite the scene
[13:01] {nemo} funny as hell
[13:01] {nemo} but poor Bunny is confused about her territory now
[13:01] {thomcbell} short setup jcp 16.78 break if holding 16.86
01[13:02] {Threei}  *(SI) MOODYS CUTS SLOVENIA SOVEREIGN RATING TO JUNK; cut two notches to Ba1 FROM Baa2; outlook remains negative- Moody's cites deterioration of Govt balance sheet and the state of the banking sector - Feels country faces undertain funding prospects and the increasing probability that it will need external assistance
01[13:02] {Threei}  heh
[13:04] {dino} shocking
[13:15] {cipher} FAST L .45
[13:16] {cipher} LBTYA L .32
[13:17] {cipher} VPRT L .45
[13:19] {cipher} out fast .65 +.20
[13:19] {thomcbell} jcp 1:1
01[13:23] {Threei} Short Setup: FCX  .95 break
01[13:23] {Threei}  If holds  30
[13:25] {cipher} out LBTYA .40 +.08
[13:28] {cipher} SPWR L .30
[13:37] {Les} C creeping closer to intraday low
[13:39] {Will49} out JCP..tks Tbell
[13:40] {Will49} shheeesh Tbell...don't take it so hard :)
[13:43] {jdetente} FCX valid again?
[13:45] {Will49} that question is above my pay grade
01[13:46] {Threei}  yes
[13:47] {jdetente} thanks Will...
[13:47] {Will49} :)
01[13:51] {Threei}  no
01[13:51] {Threei}  maybe
[13:52] {cipher} out SPWR .39 +.09
[14:05] {Les} spectacular drop from RIG this morning. closer to 51 for a short play into close maybew
[14:07] {cipher} splk l.02
[14:10] {cipher} FIRE L.07
[14:10] {jdetente} hmmm I guess FCX kinda got away
01[14:11] {Threei} Short Setup: GFX  .40 break
[14:11] {dino} nihd l .65
[14:11] {Les} that's gotta be GDX
01[14:11] {Threei}  sigh... yes
[14:14] {cipher} out FIRE .34 +.27
[14:14] {cipher} out SPLK .07 +.05
[14:16] {dino} out nihd .82, +.17
01[14:16] {Threei}  invalidated anyway
[14:17] {Les} short MON here vad?
[14:17] {Les} hl?
[14:17] {Les} h&s
01[14:17] {Threei}  yup
[14:21] {Les} HD .45 short holding .55?
01[14:21] {Threei}  can't tell
[14:22] {Les} well... ask it :)
[14:22] {Les} I swear we need a woman in this room
[14:23] {nemo} we have you
[14:23] {Will49} you mean another woman Les
[14:23] {dino} fire drop
[14:23] {Les} yeh straight on Nemo's head please dino
[14:25] {dino} fire l .34
[14:27] {dino} stop -.32
[14:27] {dino} rinsed
01[14:31] {Threei}  Upon hearing GPS agreeing with my wife, I swore off ever arguing with her again.
[14:31] {Will49} LOL
[14:33] {backman} wife....or gps?
01[14:33] {Threei}  both actually
[14:33] {nemo} vrtx
[14:34] {backman} dang, this GDX move rly has no volume in it....tempted
01[14:35] {Threei}  me too, waiting for a setup to form
01[14:35] {Threei} Short Setup: GDX  .60 break
01[14:35] {Threei}  If holds  .65
[14:36] {nemo} Hey Les, when were you in NH?  http://yhoo.it/YbDGmV
[14:36] {Les} no go MON
[14:37] {jdetente} life savings eh?
[14:37] {jdetente} haha
[14:37] {Les} his ego almost as big as yours Nemo
[14:37] {nemo} can't fix stupid
[14:38] {cipher} SPLK L.79
[14:38] {nemo} vrtx not ready to give up that level I guess
[14:40] {cipher} expe l .80
[14:40] {cipher} out EXPE .88
[14:41] {Will49} sweet
[14:42] {patel} hello
[14:42] {Will49} hey
01[14:43] {Threei}  hey patel
01[14:43] {Threei}  missed good morning...
[14:43] {patel} figured.
[14:43] {patel} atleast yall had a good morning.
01[14:43] {Threei}  not spectacular
01[14:44] {Threei}  (trying to make you feel better)
[14:44] {patel} yeah this morning would have been great
[14:45] {cipher} SPLK stopped .72 .-07
[14:48] {Les} notice GDX closed gap from yesterdays intraday low here
[14:48] {Les}  afternoon low
[14:49] {nemo} cat might be a short here
[14:50] {Les} GDX short .75?
[14:50] {Les}  holding .80?
01[14:50] {Threei}  yes
[14:50] {Les} watching slw for break of support here
01[14:51] {Threei}  same setup repeating itself at different peice levels, has to trigger at some point
[15:08] {jdetente} 1:1
[15:08] {Les} took some off at .666
[15:08] {Les} .66
01[15:08] {Threei}  has to be capable of 1:2
[15:08] {Les} first number be Nemo's skype handle
[15:09] {nemo} rubber crutch funny
01[15:11] {Threei}  [GM] Exec: not giving up on its Chevy Volt electric vehicle, despite losing money on every sale; will get cheaper to produce over time- Next generation of Volt will be $7-10K cheaper to produce.
[15:11] {Les} LOL sounds like a gold bug's investing strategy
[15:13] {Will49} even though we're losing money on every car, we're making it up on volume
[15:17] {Les} scalp scalp calp
01[15:23] {Threei} Long Setup:  FB  .75 break
01[15:23] {Threei}  If holds  .70
01[15:29] {Threei}  what on earth gave groupon an idea that I would want to go on Guided Himalayan Trek to Mount Everest Base Camp
[15:29] {Les} 100 sherpas beating up some european hikers I guess
[15:29] {Les} now no one wants to go
[15:29] {Les} groupon picks up on the cheap :)
[15:30] {Les} http://www.guardian.co.uk/world/2013/apr/30/everest-climbers-sherpa-mob-attack
[15:33] {Les} show me the link, I'll post Nemo one as a gift
01[15:34] {Threei}  half out FB
01[15:47] {Threei}  I guess 160 tomorrow for SPY
[15:48] {nemo} there's a ton of econ info coming out in the next 15 hours or so starting with China
[15:48] {nemo} 161 tomorrow ;-)
[15:48] {nemo} if the news is good
01[15:48] {Threei}  it will be mostly negative, and market will shake it off and go up
01[15:49] {Threei}  that's my version of the future
[15:49] {nemo} I see a bottle in your future
[15:51] {dino} fed tomorrow i think
01[15:51] {Threei}  yeah
01[15:51] {Threei}  non-event
[15:52] {nemo} be dead from 10:30 until then though
[15:56] {Will49} great day Vad...let's keep it rollin'(tomorrow)
01[15:56] {Threei}  thank you all
01[15:56] {Threei}  have a good evening
[15:56] {Les} cheers
[15:56] {jdetente} gn all
01[15:56] {Threei}  as always, we get them right back
01[15:56] {Threei}  see you tomorrow
[15:58] {patel} take care