Session Time: Thu Aug 29 00:00:00 2013
[08:59] {dino} gm
01[08:59] {&Threei} morning dino
[09:15] {+cc_9} gm
01[09:16] {&Threei} cc9 :)
[09:19] {+cc_9} dumpathon pre-open eh
[09:19] {cipher} gm
01[09:19] {&Threei} cipher :)
[09:24] {nemo} chopped liver here?
01[09:25] {&Threei} ?
01[09:26] {&Threei} what is it that makes you all bothered?
01[09:26] {&Threei} tell us so we could do it again
[09:27] {Alexs} gm
01[09:27] {&Threei} alex :)
[09:27] {+cc_9} es fast dump past 15mins
[09:31] {nemo} gdx taking it in the shorts again
[09:31] {bbobr} gm
01[09:31] {&Threei} bbobr :)
[09:31] {nemo} sniff, sniff
01[09:31] {&Threei} waiting for bounce on it
[09:34] {+cc_9} SPY coming off lows
[09:34] {nemo} prescient
01[09:35] {&Threei} Short Setup: GDX 28 break
01[09:35] {&Threei} If holds .05
01[09:35] {&Threei} 1:1 in a blink of eye
01[09:35] {&Threei} 1:1 in a blink of second eye
01[09:36] {&Threei} 1:2 in a blink of second eye
[09:36] {fish_49} too quick for me my Blink button didn't work
[09:36] {robbers} Yep, I missed it too.
[09:36] {Alexs} ditto here
[09:37] {+cc_9} SPY reversal solid
01[09:37] {&Threei} cc9... people's Eye Command software has a glitch this morning
[09:37] {nemo} you've got a third never mind the pink one
[09:37] {+cc_9} working on it
01[09:40] {&Threei} Short Setup: C .55 break
01[09:41] {&Threei} If holds .60
01[09:41] {&Threei} meh
[09:42] {fish_49} Hate C in the morning
01[09:42] {&Threei} "hate..." too much emotions for a 5 cents stop
[09:42] {fish_49} lol
01[09:42] {&Threei} I like my "meh"
[09:43] {fish_49} yea I should reserve hate for Obama
[09:43] {fish_49} lol
[09:43] {Alexs} love O
01[09:45] {&Threei} ever since you turned progressive, eh?
[09:45] {Alexs} yes!
[09:45] {+cc_9} STX dump
01[09:45] {&Threei} Long Setup: TZA .95 break
01[09:46] {&Threei} If holds .87
01[09:47] {&Threei} valid
[09:47] {fish_49} in
01[09:47] {&Threei} with .84 stop
[09:51] {dino} htwr thinny sm l .55
01[09:52] {&Threei} no go
01[09:53] {&Threei} Short Setup: GDX .30 break
01[09:53] {&Threei} If holds .35
[09:54] {+cc_9} STX bouncing here
01[09:56] {&Threei} 1:1
[09:56] {fish_49} out half
[09:57] {Alexs} optimists half in
06[09:58] * nemo loads the shotgun
01[09:58] {&Threei} lol
01[09:58] {&Threei} careful Alex... nemo may or may not forgive you for being a peogressive... but being an optimist, no chance
[09:58] {fish_49} out in full
01[09:59] {&Threei} 1:2
[09:59] {nemo} he'd make good worm food
[09:59] {goinshort} out gdx nice Vad!
[10:00] {fish_49} whre are my manners today Thanks Vad
[10:00] {nemo} polite worm food
01[10:00] {&Threei} yw guys
[10:01] {+cc_9} STX still going
[10:01] {+cc_9} +$0.55 so far
01[10:02] {&Threei} 1:3, out
[10:03] {fish_49} gj
[10:03] {Alexs} optimists full out
[10:03] {nemo} he likes to rub it in
[10:03] {+cc_9} VZ waterfall
[10:04] {nemo} I'd call it more of a flume
[10:09] {RonS} wdc getting hit
[10:09] {+cc_9} STX WDC same sector stocks
[10:17] {+cc_9} STX double bottom off 37.20
01[10:17] {&Threei} Long Setup: GDX 28 break
01[10:18] {&Threei} change to .95 break
01[10:18] {&Threei} .c .90
01[10:18] {&Threei} Invalidated
01[10:21] {&Threei} wow
[10:21] {fish_49} It should bounce nicely at arount .45 Just a guess
[10:22] {nemo} gap down there
[10:26] {dino} pbth drop
[10:26] {dino} lrn spike
[10:34] {+cc_9} who here called NOAH a few days ago ?
[10:34] {+cc_9} Its coming back fwiw
[10:34] {nemo} dino
[10:35] {nemo} bounced at 50 day hesterday7
[10:36] {+cc_9} IWM beautiful performance on the reversal thus far
[10:36] {dino} i did
[10:41] {+cc_9} VZ watching if we get another fade play, decent bounce off that dump so far
[10:43] {dino} safm leftovers from yesterday stop to .05
[10:44] {+cc_9} Squeeze reversal on indexes, superb
01[10:45] {&Threei} Long Setup: FCX .45 break
01[10:45] {&Threei} If holds .40
01[10:47] {&Threei} .50 break should catapult it
[10:54] {dino} out safm .00, +1.82
[10:55] {dino} htwr to .05
[11:00] {+cc_9} WDC recovering
06[11:02] * &Threei kicks FCX in the rear
01[11:14] {&Threei} asnyone's breathing?
01[11:14] {&Threei} fell asleep waiting for FCX?
01[11:14] {&Threei} hodling your breath this entire time?
01[11:14] {&Threei} that blue shade can't be healthy
[11:14] {Alexs} progressive optimists waiting for catapult
01[11:15] {&Threei} rofl
[11:15] {Alexs} and fair shot
01[11:15] {&Threei} A+ for humor
01[11:15] {&Threei} and for provocation aimed at nemo
01[11:16] {&Threei} but alex... learn the progressive vocabulary, will ya
01[11:16] {&Threei} it's "fair share"
[11:16] {Alexs} yes sir
01[11:16] {&Threei} that everyine "deserves"
01[11:17] {&Threei} nemo falls out of his chair
[11:17] {Alexs} lol
01[11:17] {&Threei} rips cord out of his router
[11:18] {dino} htwr to .67
01[11:19] {&Threei} here... progressive optimists got their fair share
01[11:19] {&Threei} 1:1
[11:19] {fish_49} out thanks
01[11:19] {&Threei} :)
[11:21] {Alexs} that's what O promissed yesterday
[11:21] {Alexs} feel happy now
[11:21] {goinshort} nailed it also thanks!
01[11:21] {&Threei} wait... so I deliver on his promises???
01[11:21] {&Threei} ye guys :)
01[11:21] {&Threei} yw
01[11:22] {&Threei} folks let's be gentle now... I am afraid we might cause severe brain hemmorrage for nemo
[11:23] {Alexs} that's the essence of progressivism
[11:23] {Alexs} you promiss somebody deliver
01[11:23] {&Threei} lol
01[11:23] {&Threei} good point
01[11:23] {&Threei} generosity with someone else's money or efoort
[11:32] {dino} out htwr .71, +1.16
01[11:33] {&Threei} wtg
[11:40] {nemo} I'm reproofing my oilskin coat
[11:40] {nemo} that way the bloodspatter doesn't soak in
01[11:40] {&Threei} why?
01[11:40] {&Threei} oh
01[11:40] {&Threei} 1/4 more out
[11:41] {RonS} miners putting on an impressive reversal today
[11:41] {nemo} just about kissed the gap
[11:42] {nemo} I think Alex should be the first recipient of the Les Award
01[11:42] {&Threei} why not Les?
01[11:42] {&Threei} logic says, Les should be first recipient of Les Award
[11:42] {nemo} he's not here, and it's the most insulting thing I could think of to say to Alex on short notice
01[11:43] {&Threei} ummm
01[11:43] {&Threei} OK, 2 comments
01[11:43] {&Threei} 1. he will be here soon enough
[11:43] {nemo} my logic and economy are impeccable
[11:43] {Alexs} ty nemo
01[11:43] {&Threei} and 2. you really need to work on those short notice insults
[11:43] {nemo} Without Les here, I don't get nearly enough practice.
01[11:43] {&Threei} I mean this is really meek
[11:44] {nemo} Ron doesn't say much
[11:44] {nemo} no Will
01[11:44] {&Threei} do what all martial arts guys do, practice with mirror
[11:45] {nemo} not this one
01[11:45] {&Threei} and will will be here on Tuesday
[11:51] {Alexs} still waiting for my fair 1:3 share
[11:51] {nemo} hytraya zhopa
[11:51] {Alexs} spasibo
[11:52] {nemo} privyet
01[11:52] {&Threei} rofl
[11:55] {RonS} NBG kind of ripping...any news 3i?
01[11:55] {&Threei} just this:
01[11:55] {&Threei} National Bank of Greece SA Reports 1H profit €344M v €125Me- 1H loan loss provisions €853M v €1.2B y/y - 1H results improved thanks to improvement at Turkish subsidiary Finansbank, and lower loan loss provisions.
01[11:55] {&Threei} but it's 10:30
01[11:55] {&Threei} not fresh
[11:57] {RonS} thanks
01[11:58] {&Threei} lol
01[11:58] {&Threei} line on the bottom on TV
01[11:58] {&Threei} prime minister speaks, line says
01[11:58] {&Threei} Harper Makes Crime Announcement
01[12:00] {&Threei} alex... nemo knows a few russian words thanks to some folks in his surroundings... unfortunately, most of them sre swear words that he uses non-discriminately and non-sparingly
[12:01] {nemo} and rude drinking toasts
[12:08] {bbobr} rude toasts ? like what ?
01[12:08] {&Threei} you are waking up a monster, bbobr...
[12:08] {bbobr} he-he
[12:08] {nemo} stob huei stayal y dengi bili
01[12:09] {&Threei} there...
01[12:09] {&Threei} 1:3 is close... while we are waiting: http://goo.gl/FVL1tw
01[12:09] {&Threei} lol
[12:10] {bbobr} neploho !
[12:11] {Alexs} rofl nice one
01[12:20] {&Threei} stop .59 now
[12:21] {Alexs} no stop please I need my fair share
01[12:22] {&Threei} because you deserve it
[12:22] {Alexs} exactly!
01[12:22] {&Threei} :)
[12:23] {Alexs} and I was promised...
01[12:23] {&Threei} by O
01[12:23] {&Threei} that I will deliver
01[12:23] {&Threei} kind of: Belarus and Argentina signed peace agreement between Ukraine and Mongolia
[12:24] {Alexs} lol
01[12:34] {&Threei} dino... we are kings of abbreviation. We took 700-pages long Atlas Shrugged and successfuly shortened it for Alex in 5 lines.
01[12:34] {&Threei} ultimate cliff notes
[12:37] {Alexs} yeah this book became a turning point in my perception of the world because of you guys
01[12:43] {&Threei} you mean each and every of our 5 lines?? wow... we did good!
01[12:44] {&Threei} now... who is john galt... {G}
[12:44] {nemo} what five lines?
01[12:44] {&Threei} well, we relid whole content of the book in about that many, lol
01[12:45] {&Threei} relied
[12:45] {dino} so alexs is on board w/atlas shrugged?
[12:46] {dino} the man who stopped the world
[12:52] {Alexs} looks like those freemarketeers don't want to give me my fair share in FCX
01[12:52] {&Threei} lol
[12:53] {Alexs} "even as corporate profits soar, even as the pay of a fortunate few explodes."
01[12:57] {&Threei} I guess making correction for quiet time and taking profit in full at .72 - .73 was an option
01[12:57] {&Threei} on the other hand... what's our hurry
01[12:57] {&Threei} they often climb slowly during this time
01[13:24] {&Threei} Short Setup: GDX .65 break
01[13:24] {&Threei} If holds .70
01[13:25] {&Threei} nah
[13:26] {Alexs} and who is to blame?
01[13:26] {&Threei} ummm
01[13:27] {&Threei} guys, here is a suggestion for you to keep in mind
[13:27] {Alexs} the guy who's not delivered
01[13:28] {&Threei} starting Sept, let's do a Q/A session each Wed around lunch time on best practices of trading software use,
01[13:28] {&Threei} specific to cc9's offering
01[13:28] {&Threei} and him being the one to answer.
01[13:29] {&Threei} if you use their software, it's your opportunity to ask your questions and benefit from other's,
01[13:29] {&Threei} if you don't it's your chance to find out more about it and contemplate possibler switch
01[13:29] {&Threei} particularly, such missed entries as this morning's are less likely with fast direct access platform
01[13:30] {&Threei} Sounds good?
01[13:30] {&Threei} oh and GDX, you are a SoMG
01[13:30] {&Threei} 1:2...
01[13:31] {&Threei} anyone's interested or am I wasting my breath?
[13:31] {Alexs} same money why not
[13:33] {bbobr} what software, missed something ?
01[13:34] {&Threei} trading platform
01[13:35] {&Threei} wickedly fast
[13:35] {+cc_9} DMA system
[13:35] {+cc_9} with co-location
[13:35] {+cc_9} direct market ECN routing
[13:36] {+cc_9} basically, instead of the usual MM retail brokers have, you direct flow through the ECN directly, so you pay less
[13:36] {bbobr} is there a website ?
[13:36] {+cc_9} You also pay per/share as opposed to per/trade in the case you were to scale in/out of trades instead of 1 hit
[13:36] {+cc_9} http://www.(gently edited out)
[13:36] {Alexs} actually a have the same thing
[13:37] {bbobr} I have that on IB
[13:38] {Alexs} what are the comissions?
[13:39] {+cc_9} They range, depends on volume/activity, generally .005/share
01[13:41] {&Threei} you don't have the same executions on IB
[13:41] {+cc_9} if you need a demo to try the software, just email me support@(gently edited out)
[13:41] {nemo} nope, not even close
01[13:41] {&Threei} and you have to have 25K
[13:42] {nemo} 9's system runs very lean on the computer also
[13:42] {+cc_9} its a light system
[13:43] {nemo} yeah, and considering the functionality of the charts, which are quite extensive, it's even more impressive
[13:43] {nemo} I wish it made better cappucino though
01[13:44] {&Threei} cappucino?? don't tell me you drink that crap
[13:44] {bbobr} Will look into it, thanks
[13:45] {nemo} well, espresso
[13:48] {Alexs} what's wrong with execution on IB?
01[13:49] {&Threei} try real broker, you'll see :)
[13:49] {nemo} doesn't compare Alex
[13:49] {Alexs} i'm using lightspeed
[13:49] {Alexs} works very good
[13:49] {nemo} Lightspeed good functionality but their execution is not great
[13:50] {nemo} it's a heavy system with latency problems
[13:51] {+cc_9} LSP is good, but they are retail
[13:51] {bbobr} Can you trade right on the chart on that platform ?
[13:51] {Alexs} if I see a price on level II i get it never had a problem
01[13:51] {&Threei} why do you think you didn't get this morning's opening call?
[13:52] {nemo} alex, if you have market order you'll always get it
[13:52] {nemo} but that can be dangerous
[13:52] {Alexs} just didn't want it with 2 cents, call was late
01[13:52] {&Threei} no
01[13:53] {&Threei} price was there
01[13:53] {&Threei} briefly but was
01[13:53] {&Threei} you couldn't catch it in time because of latency
[13:53] {Alexs} never use market order
[13:53] {Alexs} to eneter a trade
01[13:53] {&Threei} with DMA the chance to get it was much higher
[14:00] {Alexs} as I know lightspeed is a DMA
01[14:01] {&Threei} alex... just try it
01[14:01] {&Threei} many went this road, and the difference is not something they imagined
[14:01] {nemo} Alex I've used Lightspeed, DAS, Laser, Takion...Lightspeed is not as good from an execution standpoint. It's that simple
[14:01] {Alexs} can I try it with no money?
01[14:02] {&Threei} demo, yes
[14:02] {nemo} you can get a demo I believe but the fills won't be real
[14:02] {Alexs} that's what I mean
[14:03] {Alexs} demo works well all the time
01[14:03] {&Threei} OK
01[14:03] {&Threei} don't :)
[14:03] {nemo} yeah, fine...don't believe us, fuck it.
01[14:03] {&Threei} this is a suggestion, not a matter of arguing
[14:03] {Alexs} how much deposit to try
[14:06] {+cc_9} Min account start is $2,500
[14:06] {+cc_9} You get about $50k to daytrade with
[14:06] {+cc_9} But if you want to be super duper cheap and just to "test", I can allow for $1k for a test account you can either keep after that or close.
[14:07] {Alexs} sounds nice :)
01[14:07] {&Threei} LOL, you can open whole account with your August winnings
01[14:08] {&Threei} and 1:20 margin? can you get this with your IB?
[14:10] {bbobr} no
[14:10] {Alexs} lets make little bit more today so I can try it with todays winnings
01[14:11] {&Threei} man... those progressives... never enough {GGG}
[14:11] {Alexs} lol
[14:17] {nemo} ok everything doing the vwap shuffle right now
01[14:24] {&Threei} Long Setup: CAT .70 break
01[14:24] {&Threei} If holds .60
[14:24] {Alexs} hl?
01[14:25] {&Threei} looks slow eniugh for 2/3
01[14:25] {&Threei} or 3/4
[14:25] {Alexs} thanks
[14:31] {dino} cc9, you can daytrade on your platform with as little as $2k? what platform is it?
[14:32] {nemo} DAS trader
[14:32] {+cc_9} Yes can
[14:32] {+cc_9} Let me get you link
[14:33] {+cc_9} http://www.(gently edited out)
[14:33] {+cc_9} Some screen shots you can view
[14:33] {fish_49} cat still a trade?
01[14:33] {&Threei} if course
[14:33] {nemo} Yeah, but it's very flexible as far as layouts and charts
01[14:33] {&Threei} of
[14:33] {fish_49} was away then reading
01[14:34] {&Threei} slowly clawing its way through to 1:1
[14:34] {fish_49} oh already triggered
01[14:34] {&Threei} yes
01[14:34] {&Threei} havn't hit 1:1 yet so if pulls back, get it
01[14:34] {&Threei} ok... 1:1
01[14:34] {&Threei} that's it alex, no excuses
06[14:34] * &Threei slaps Alexs around a bit with a large roll of cash
[14:34] {fish_49} what platform were we talking about 1:20 leverage
[14:35] {Alexs} love it
[14:35] {Alexs} that's what O promised
01[14:35] {&Threei} one offered by cc9, fish...
[14:35] {fish_49} ahhh the replacement to laser?
01[14:36] {&Threei} yes, or I would say, it's successor
01[14:36] {&Threei} its
[14:36] {fish_49} cc u still there?
[14:37] {nemo} electronically speaking
[14:37] {fish_49} since it's offshore do they report earning to IRS?
[14:37] {fish_49} lol
[14:38] {+cc_9} I am here.
[14:38] {+cc_9} Who is "they" ?
[14:38] {+cc_9} Traders or firm ?
[14:38] {fish_49} firm
[14:38] {+cc_9} Firm is offshore, does not need to report anything
01[14:41] {&Threei} (SY) US State department: Political solution is the only option in Syria; military options being discussed are limited and not aimed at regime change- Does not see this as being similar to Iraq
[14:42] {nemo} just keep a jar of KY jelly on your desk and work on your lower back flexibility
[14:44] {dino} confused, if offshore, does firm issue k9's or do you get 1099's?
[14:44] {+cc_9} We don't issue anything.
[14:44] {+cc_9} At the end of fiscal year, traders export their reports
[14:44] {+cc_9} for yearly P&L
[14:44] {dino} ok
[14:44] {+cc_9} and they use it for their tax purposes.
[14:47] {fish_49} I wont tell Big Brother if you don't tell Big Brother
[14:47] {nemo} Lubyanka for you
[14:48] {dino} big bro is already reading this i bet
[14:48] {fish_49} Translate that Vad
01[14:48] {&Threei} Lubyanka - street in Moscow where KGB offices were located
[14:50] {fish_49} I report all
01[14:50] {&Threei} so do I
01[14:50] {&Threei} to the cent
01[14:50] {&Threei} to half cent
01[14:51] {&Threei} even though they did away with pennies
[14:51] {fish_49} fuzzy math here I round up to the nearest thousand
[14:51] {dino} still have pennies here
01[14:51] {&Threei} we don;t anymore up in Canada, other than elctronic :)
[14:53] {dino} i like pennies, they make great ball markers on the greens
[14:53] {dino} this has been the slowest month that i can remember. afternoons are d e a d
[14:54] {nemo} still better then Les' sex life
[14:54] {fish_49} hahahahahha
[14:54] {fish_49} holiday week
[14:54] {dino} lol
01[14:54] {&Threei} lol
01[14:55] {&Threei} nemo is gearing up
[14:55] {nemo} poor bastard
01[14:55] {&Threei} dino, slow yes, but surprisingly proftable
[14:55] {dino} i'm light this week
[14:55] {nemo} Dino, you watch any "Justified" yet?
01[14:56] {&Threei} normaly it was July that provided more or less decent resault with Aug being very dead... this year it's opposite, tough July but nice Aug
[14:56] {Alexs} since I joined that trade room August is the best month
[14:56] {dino} no nemo, been falling asleep on couch too early. fighting a bad cold for last 2 weeks
01[14:57] {&Threei} usually we have the best season in the fall
[14:59] {nemo} modern day Western based on an Elmore Leonard story
[14:59] {dino} what night is it usually on/
[15:00] {nemo} How big are your monitors Dino?
01[15:01] {&Threei} wow, that's very personal question
01[15:01] {&Threei} and... plural???
[15:01] {dino} 18
[15:01] {nemo} Ya' know, I had that fleeting thought, but with Les not here, I figured nobody would say anything
[15:01] {nemo} shoot yourself Vad
01[15:02] {&Threei} why, I have to provide worthy substitution
[15:02] {nemo} anti-worthy in Les' case
01[15:02] {&Threei} thankfully alex helped me out with ese's absence, taking on proigressibe role
[15:02] {nemo} he's in Brookly, I'll take care of that
01[15:03] {&Threei} and I don't know what I;d do about toads should cc9 take leave of absence
01[15:09] {&Threei} Short Setup: C .60 break
01[15:10] {&Threei} If holds .70
[15:22] {Alexs} valid?
01[15:23] {&Threei} watching... maybe recalibrate it if bounces one more time
01[15:24] {&Threei} no bounce... valid as it is
01[15:24] {&Threei} but if goes over .65, let's make .65 recross a trigger
01[15:29] {&Threei} half out
[15:29] {fish_49} out in full
01[15:29] {&Threei} stop to .66
[15:29] {fish_49} thanks Vad
01[15:30] {&Threei} yw sir
01[15:30] {&Threei} stop to .61
[15:34] {robbers} out in full, thanks for the nice call.
01[15:35] {&Threei} 1:2
01[15:35] {&Threei} yw :)
[15:37] {dino} calling it a day, thx
01[15:37] {&Threei} take care dino
[15:37] {fish_49} tc Dino
[15:45] {fish_49} good night all
[15:45] {fish_49} Thanks Vad
01[15:45] {&Threei} thank you all
01[15:45] {&Threei} have a great evening
01[15:45] {&Threei} see you tomorrow
[15:46] {bbobr} gn all
[15:47] {Alexs} good night fat cats :)
[15:47] {nemo} svena madka
[15:48] {Alexs} spokoinoy nochi nemo
[15:50] {bbobr} Is it Brooklyn's saying ?
[15:50] {Alexs} da
[15:50] {nemo} sheesh
[15:53] {+cc_9} later folks
