Thursday, November 5, 2009

Nov 05 2009

Nice and active day with a lot of successful plays and very few stops. Most of trades were on RIMM and HIG, RIMM being played both long and short

Session Time: Thu Nov 05 00:00:00 2009
[08:04] {magoo} mcmorning
[08:12] {Threei} US) Preview: Initial Jobless Claims and Continuing Claims due out at 8:30amET
[08:12] {Threei} - Expectations for initial claims are 522K v prior release of 530K (range seen from 510K to 535K)
[08:12] {Threei} - Continuing claims seen at 5.750M v prior 5.797M (range seen from 5.730M to 5.860M)
[08:13] {Threei} good morning
[08:13] {Threei} they seem to be set in expectations of losing half mil jobs every week
[08:14] {Threei} so much for "we will create or save"...
[08:25] {KSystems} he has the nobel prize
[08:25] {KSystems} dont critisize him
[08:25] {KSystems} or else.
[08:26] {Threei} I will soon too
[08:26] {Threei} I applied for it, referring to my intention to write the most significant book in history within next 5 years
[08:26] {Threei} and since those prizes are being given out for the intentions these days I fully expect to get it
[08:30] {Threei} US) INITIAL JOBLESS CLAIMS: 512K V 522KE; CONTINUING CLAIMS: 5.749M V 5.750ME
[08:30] {Threei} *(US) Q3 PRELIMINARY NONFARM PRODUCTIVITY: 9.5% V 6.5%E; UNIT LABOR COSTS: -5.2% V -4.2%E
[08:31] {Threei} this is so bizarre
[08:32] {nemo} you looking in the mirror 3i?
[08:32] {Threei} btw magoo... will you help me with spelling for that book?
[08:32] {Threei} look who woke up
[08:32] {nemo} look who just got in
[08:32] {nemo} I was sitting in a tree for a couple of hours
06[08:32] * Threei slaps nemo around a bit with a large mirror because both nemo and his, Threei's reflection are simply irritating
[08:33] {nemo} no...mine's disease-inducing
[08:37] {nemo} so much for the big crash, huh?
[08:38] {Threei} ?
[08:38] {nemo} yesterday had that nice drop after I left, now big bounce
[08:38] {Threei} who said we were going to open down?
[08:39] {Threei} trading day is ahead still, no?
[08:39] {nemo} the voices in my head
[08:39] {Threei} oh
[08:39] {cosmo} you too nemo?
[08:39] {strider} morning crazy people
[08:39] {nemo} pot calling kettle black?
[08:39] {Threei} {--- makes a point of not answering strider
[08:40] {strider} and good morning to Vad, also.
[08:40] {nemo} Bird man chime in yet Vad?
[08:41] {Threei} hi strider
[08:41] {nemo} [08:39] {&Threei} {--- makes a point of not answering strider
[08:41] {strider} :)
[08:42] {Threei} nemo... getting lost in my motives and their changes?
[08:43] {nemo} your whimsical vaccillations?
[08:43] {nemo} vacillations
[08:43] {Threei} oh well... I didn't think it was so hard to figure out but...
[08:47] {magoo} vad, u got a sec?
[08:47] {Threei} depends
[08:47] {magoo} my system puked and i lost everthing, so setting p new laser screen here
[08:47] {Threei} ouch
[08:47] {Threei} need my layout?
[08:47] {magoo} which level 1 u use? is it board view?
[08:48] {magoo} nah, getting there
[08:48] {Threei} I don't
[08:48] {Threei} boardview is a list of stocks with L1 quotes
[08:48] {magoo} so u only follow stox thru charts and lev 2?
[08:48] {Threei} right
[08:48] {strider} Do you maybe have it saved as remote layout, magoo?
[08:49] {magoo} i did, total system crash-a-roo
[08:49] {magoo} ok, vad..where i fuiind the hard stop window/blotter
[08:50] {Threei} OMS module for stops
[08:50] {Threei} under Modules
[08:50] {magoo} ah..ok ty
[08:50] {strider} I thought remote layout was saved on Laser server.
[08:50] {Threei} blotter is under View
[08:50] {Threei} yes... mags, when you are done remaking it, save it as remote as well as local
[08:50] {strider} ah..can't get to it.. I see. sorry .
[08:50] {Threei} strider is correct
[08:52] {magoo} oh,ok i only saved local
[08:53] {magoo} so vad, curious..how u watch alot of potential stox with no lev 1/ how many charts u got up?
[08:54] {Threei} why would I want to watch A LOT of potential stocks?
[08:54] {Threei} procedure:
[08:54] {Threei} scanner spits them,
[08:54] {Threei} I surf through them,
[08:55] {Threei} when something looks good for setup, it stays on one set of L2/charts/T&S,
[08:55] {Threei} I surf further via second set,
[08:55] {Threei} when something appeals to me, it stays on second
[08:55] {Threei} do I really want to watch more?
[08:55] {Threei} how many positions at the same time can one manage?
[08:57] {Les} "Don't interrupt your brain's work by thinking". hmmm this place will be harder than I thought.
[08:57] {Les} gm :)
[08:57] {Threei} lol
[08:57] {Threei} morning
[08:57] {Threei} how is it hard?
[08:57] {Threei} most people find it easy not to think
[08:58] {Threei} couple more beers and they are there
[08:58] {magoo} how many lev 2 u got up
[08:59] {Threei} 2
[09:00] {dptl} morning
[09:00] {Threei} dp :)
[09:00] {fernp} Good morning everybody
[09:00] {Threei} fern :)
[09:01] {magoo} how many open positions u do vad
[09:02] {Threei} depends on how fast stocks are
[09:02] {magoo} vad, charts setup here
[09:02] {Threei} I can manage two relatively fast ones at the same time, with one or two more slow ones sitting on a background,
[09:03] {Threei} if we are talking about hystreically fast, just one
[09:04] {Threei} what about chart? I have Volume and BB, price is in Candliesticks
[09:04] {Threei} bar width 2
[09:05] {magoo} candle width? 50 and 200 mioving
[09:05] {Threei} only 20 moving on intraday
[09:05] {Threei} 20 and 50 on daily
[09:06] {Threei} bar width 9 on daily
[09:06] {magoo} i minute right
[09:06] {Threei} on intraday yes
[09:11] {dino} gm all
[09:11] {Threei} dino :)
[09:11] {Les} afternoon dino
[09:12] {lasertrev} morning
[09:13] {Threei} trev :)
[09:14] {dino} :)
[09:15] {larisa} gm :)
[09:16] {Threei} larisa :)
[09:16] {bkhmd} gm all
[09:16] {Threei} bk, welcome back
[09:16] {bkhmd} ty
[09:16] {Threei} people need to srtop taking vacations
[09:17] {bkhmd} i wished it was vacation
[09:17] {bkhmd} lol
[09:17] {Threei} don't ruin it for me
[09:17] {Threei} I was going somewhere with this
[09:17] {bkhmd} continue
[09:17] {bkhmd} lol
[09:17] {Threei} make a few reproachful remarks about someone's vacations,
[09:18] {Threei} preparing ground for mine :)
[09:18] {bkhmd} not allowed
[09:18] {Les} no vacation for you vad
[09:18] {Threei} see?
[09:18] {larisa} I am taking one next week, so go ahead
[09:18] {Threei} thank you!
[09:18] {bkhmd} wasnt larisa just on vacation?
[09:18] {Threei} you are my only beam of light in the kingdom of darkness
[09:19] {nemo} it's your frickin' kingdom!
[09:19] {larisa} I wish i was bk :)
[09:19] {Threei} but it's dark
[09:19] {Threei} andf hey, don't ruin it for me
[09:19] {bkhmd} you hVE ONE COMING UP IN jANUARY WARM TROPICAL PLACE vAD
[09:19] {bkhmd} ooops fat fingers
[09:19] {Threei} I just found a good solid reason to make a compiment to larisa
[09:19] {ese} well my goodness......i'm hooked in from cloudy downtown kelowna BC
[09:19] {bkhmd} now i cant give vad rude comments on his typing
[09:19] {Threei} ese :)
[09:20] {ese} hey vad....
[09:20] {bkhmd} ese
[09:20] {Threei} that's not a vacation bk, that's hard work
[09:20] {bkhmd} yea sure it is
[09:20] {Threei} speaking for two days in a row
[09:20] {ese} I WISH Larisa......were doing that Stevie Wonder tune
[09:20] {bkhmd} its your story
[09:20] {ese} BK
[09:20] {Threei} yes, and I am sticking to it
[09:21] {bkhmd} I have wanted to tell vad to take off the gloves for the longest time then i hit the caps lock ruined my future dig
[09:22] {Threei} see? there is a reson why god doesnt give horns to aggressive cows
[09:22] {bkhmd} lol
[09:22] {cosmo} i thot he does
[09:23] {cosmo} oh wait... wrong species
[09:23] {Threei} not very good translation of russian sayiong... vbut the best I can do on the fly
[09:23] {bkhmd} btw i read the post from room last few days ... congrats and good calls vad
[09:23] {bkhmd} sorry i missed them
[09:23] {Threei} ty
[09:23] {bkhmd} keep the good calls coming today
[09:24] {Threei} no pressure eh?
[09:24] {bkhmd} hahaha
[09:24] {bkhmd} scared money here
[09:24] {bkhmd} lol
[09:24] {Threei} two things I want to try and catch morning pullbacks on:
[09:24] {Threei} HIG and RIMM
[09:26] {strider} With analysts saying that its share price had fallen too far, Research In Motion Ltd. /quotes/comstock/15*!rimm/quotes/nls/rimm (RIMM 59.22, +1.61, +2.80%) announced Thursday it would repurchase $1.2 billion of its stock.
[09:26] {Threei} yeah
[09:26] {Threei} I don't put much weight into buyback itself
[09:27] {Threei} most of them never happen
[09:27] {Threei} other than create nice soundbite
[09:27] {Les} wow hardened cynic you are vad
[09:28] {Threei} why? it's just a fact
[09:28] {Threei} 80-90% of announced buyback never come to fruition
[09:28] {dino} agree 3i, most never get completed. and usually the ones that do are completed at highs, not lows. they usually issue at lows
[09:29] {Threei} there you go
[09:29] {nemo} why is it realists are called cynics?
[09:29] {dino} plus, w/rimm, i feel the risk is the 48 gap coming into exp
[09:29] {Threei} RIMM gets initial pop out of it but mostly will simply move wit market
[09:29] {Les} so no thinking. cynicism is realism (wait, I'm just writing all these down):)
[09:30] {Threei} and no drinking hard liqor before 10 ama
[09:30] {Les} lol
[09:30] {Threei} now your mantras for the day are complete
[09:30] {bkhmd} nice gap
[09:30] {Les} oops my bad.
[09:30] {strider} here we go
[09:30] {ese} man this is bad news with rimm back at 59
[09:31] {ese} well.....i won't give up hope for 50
[09:31] {Threei} need deeper pullbacks on both
[09:31] {nemo} aig ballistic
[09:31] {Threei} initially thought of RIMM under 59 but happened too fast
[09:33] {Threei} I know it's really early but... guess who is onTV
[09:33] {nemo} Selma Hyek
[09:33] {Threei} OK, here comes HIG
[09:33] {Threei} you wish
[09:33] {cosmo} jerry springer
[09:33] {nemo} gag
[09:33] {Threei} dive into .10 should be it for HIG
[09:34] {Threei} and RIMM, doub,le bottom
[09:34] {Threei} 59 recross long'
[09:34] {Threei} .85 stop
[09:35] {Threei} .10 recross HIG long
[09:36] {Threei} stop under 24
[09:36] {Threei} HIG 1:1
[09:36] {bkhmd} ty
[09:36] {fernp} missed RIMM, still valid Vad?
[09:37] {bkhmd} same here
[09:37] {Threei} RIMM stalled a few cents under 1:1
[09:37] {Threei} yeah, same setup
[09:37] {dino} pru
[09:37] {Threei} with .85 being invalidation
[09:37] {fernp} ty for HIG
[09:37] {Threei} :)
[09:37] {Threei} HIG will be new setup very soon
[09:37] {Threei} argh
[09:37] {Threei} missed
[09:38] {dino} sm l .50 pru
[09:40] {dino} out pru .96 +.46
[09:42] {dino} .
[09:42] {fernp} RIMM and fern are imcompatible
[09:42] {Threei} RIMM, if works - changing to not a scalp for me designation
[09:42] {Threei} intend to partial
[09:43] {strider} out +.1w partial
[09:43] {strider} 12
[09:43] {Threei} 1:1
[09:43] {dino} pru retesting
[09:43] {Threei} half out .17
[09:43] {fernp} ty Vad
[09:43] {Threei} see fern? compatible
[09:44] {Threei} just give it a chance
[09:44] {Threei} maybe some marriage counselling
[09:44] {fernp} maybe...
[09:44] {fernp} I don't like the way it moves
[09:44] {Threei} 1/4 more .25
[09:45] {Threei} stop under b/e
[09:45] {Threei} offering the rest .35
[09:45] {nemo} ty
[09:45] {Threei} welcome giys
[09:45] {Threei} direct hit
[09:45] {Les} rimm
[09:46] {strider} out in full...thanks vad
[09:46] {Les} sorry wrong screen
[09:46] {strider} that was a struggle
[09:46] {Threei} {fernp} I don't like the way it moves - what is it a pole dancer?? :)
[09:46] {Les} stopped out on HIG Vad. was moving fast and messy exit
[09:46] {dino} pru sm l .00
[09:46] {Threei} magoo, tell me you got it... totally your kind of tade
[09:47] {Threei} les... on the very first entry, 10?
[09:47] {Les} yeh
[09:47] {dino} theres the +100 3i
[09:47] {Threei} it went to .28, how do you get stopped on that?
[09:47] {bkhmd} i didnt know it reached .85
[09:48] {Threei} yeah dino... my bet stays though
[09:48] {dino} pru stop is .67 fwiw
[09:48] {Les} didn't get order filled. was trying to sell when realised hadn't even bought. something new to learn... entry and exits
[09:48] {Threei} ummm
[09:48] {Threei} I am lost
[09:49] {Threei} if you haven't entered how sdo you take stop?
[09:49] {Les} makes two of us
[09:49] {nemo} you and 3i lost together...how romantic
[09:49] {Threei} ok, that desrves a slap, but I am laughing too hard
[09:49] {nemo} Hig long coming?
[09:49] {Les} late fill. distracted by kids in background. should have cut the buy order
[09:49] {Threei} yikes
[09:50] {bkhmd} who is 3i?
[09:50] {bkhmd} no kids allowed page 43 of the book
[09:50] {nemo} hig .70 break stop under shit
[09:50] {Threei} entering on original trigger on the way back is questionable even after 1:1 is reached, let alone 1:2
[09:51] {strider} good call dino, pru
[09:51] {nemo} I don't see it Vad
[09:51] {Les} sounds like laser is good for scalping, but I'll practice with IB on paper. Will see how it works out for me entering/exiting fast trades like that
[09:51] {dino} ty strider
[09:52] {Threei} Short Setup: RIMM .35 break, half lot
[09:52] {Les} double bottom on HIG?
[09:52] {nemo} Nothing about kids on pg .43
[09:52] {Threei} if stays under .50
[09:52] {Threei} no on HIG
[09:52] {nemo} too fast rimm
[09:52] {fernp} too fast
[09:53] {Threei} yeah... too bad, quick 1;1
[09:53] {strider} {--------oh ye of little faith.
[09:53] {bkhmd} wrong page?
[09:53] {bkhmd} NEMOOOOO u looked?
[09:53] {strider} didn't believe RIMM
[09:53] {nemo} classic double top 2nd inside bollingers
[09:54] {strider} still good?
[09:54] {strider} not now
[09:54] {dino} out pru .38, +.38
[09:54] {dino} back in 30
[09:54] {Threei} plus staying under itshigh while NASDAQ made new high at 9:51
[09:54] {Threei} good job dino
[09:55] {nemo} HIG holing while qs spy dropping
06[09:55] * strider slaps strider around a bit with a large a copy of Techniques of Tape Reading
[09:56] {nemo} nothing on 44 either
[09:56] {bkhmd} lol
[09:56] {bkhmd} im sure its there
[09:56] {Les} :)
[09:56] {Les} :)
[09:58] {Threei} I start thinking of HIG as short
[09:59] {Threei} .50 break is obvious trigger but we are too far from there,
[09:59] {Threei} something more aggressive would benicer
[10:00] {nemo} unless you get lower high here?
[10:00] {Threei} need clean setup
[10:00] {fernp} HIG is holding while FAS is falling
[10:00] {Threei} yeah, ruined
[10:00] {Threei} leaving the idea
[10:01] {Les} so u were suggesting big sell off today vad
[10:01] {strider} GLD looking restrained this morning.
[10:01] {Les} still thinking that?
[10:01] {Threei} and bet some beer to dino on that
[10:01] {Threei} thinking? you are flattering me
[10:01] {nemo} aig double top?
[10:01] {Les} shit. my bad
[10:02] {Les} oops I said naughty word sorry
[10:02] {Threei} GLD... this one I'd short with pleasure
[10:02] {Threei} but I asm biased
[10:02] {Threei} I always see it as short, lol
[10:03] {nemo} $ down oil down ???
[10:03] {strider} GRMN bouncing today...interesting daily chart
[10:03] {strider} down up down up
[10:03] {Threei} and gold donw
[10:03] {nemo} mind out of the gutter strider
[10:03] {Threei} remember I said recently they are likely to decouple soon?
[10:04] {nemo} more innuendo
[10:04] {Threei} what's with ENMD?
[10:04] {Threei} moves day after day, no news since August
[10:05] {Threei} and this is that same ENMD that gappen from 11 to 80 once in 1998 I think
[10:05] {strider} Yeah, I see what you were saying about nemo,Vad
[10:05] {strider} (when he wasn't here)
[10:05] {Threei} I don't remember what I said but I vote with both hands for that
[10:09] {Threei} Short Setup: HURN .90 break half lot
[10:09] {Threei} if stays below 27.05
[10:10] {Threei} eeck
[10:10] {strider} some bad spreads there
[10:10] {nemo} yeah...boom
[10:10] {fernp} jumpy
[10:10] {Les} i was gonna say. like a lead bloody balloon
[10:11] {Threei} oh well
[10:11] {Threei} next
[10:11] {Threei} this fish got away
[10:11] {Threei} look at it dropping
[10:11] {nemo} go fishy!!!
[10:12] {strider} LEAP dbl bottom or breakdown
[10:12] {Threei} RIMM short was beautiful idea... look at it
[10:13] {nemo} too painful
[10:13] {Threei} good
[10:13] {nemo} fyvm
[10:14] {Threei} good manners is the latest victim of our dimming civilization I see
[10:14] {Threei} LEAP is rather breakdown, strider
[10:14] {nemo} For Your Virtuous Magnificence
[10:14] {Les} HIG setting up for another go?
[10:14] {Les} rimm
[10:15] {Threei} HIG is losing gas I believe
[10:15] {strider} hmin?
[10:16] {strider} I know it's thin
[10:16] {Threei} thin and jumpy
[10:16] {Threei} ok, there must be a short in HIG somewhere
[10:16] {strider} LEAP Vad?
[10:16] {dino} pru lod
[10:16] {Threei} [10:14] {Threei} LEAP is rather breakdown, strider
[10:17] {strider} reasonable stop?
[10:17] {Threei} I don't even see a reasonable entry, lol
[10:17] {strider} That's very reasonable
[10:18] {strider} hgsi?
[10:18] {Les} U find bambi Nemo?
[10:19] {Threei} FNM Announces 'deed for lease' program to assist homeowners - CNBC
[10:19] {Threei} - allows homeowners facing foreclosure to remain in their homes (
[10:19] {Threei} ok, who is ready to try, HIG
[10:19] {Threei} .60 break
[10:19] {Threei} if stays under .70
[10:19] {nemo} Not close enough...to does about 60 yards through brush
[10:19] {Threei} HGSI is rather a momo stock
[10:19] {Threei} not really technical read
[10:19] {Les} A doe?
[10:20] {Les} A deer?
[10:20] {Les} A female deer?
[10:20] {nemo} here it comes
[10:20] {Threei} invalidated HIG
[10:20] {Threei} les leave it for later please
[10:20] {larisa} at least first hour can we guys stay focused?
[10:20] {Threei} market is still active
[10:20] {nemo} range forming on qs and spy
[10:21] {Les} ok
[10:21] {nemo} rimm at bottom of open
[10:21] {strider} rimm lod
[10:21] {nemo} big gap under
[10:22] {Threei} RIMM is double bottom/bounce here
[10:22] {Threei} more selling later on but should be good for a scalp
[10:22] {nemo} hig staying under BB MA
[10:23] {Threei} Long Setup: .75 rimm
[10:23] {Threei} if stays above .60
[10:23] {Threei} Long Setup: RIMM .75
[10:23] {Threei} there... looks better
[10:26] {Threei} invalidated
[10:26] {fernp} FITB interesting for short here
[10:29] {strider} c&h stld
[10:29] {strider} big range
[10:29] {Threei} RIMM starts looking like short at will and let it drop
[10:30] {Les} QCOM ready to drop into gap?
[10:31] {Threei} Market Internals update at 10:30amET
[10:31] {Threei} - NYSE volume 260M shares, about 7% below its three-month average; advancers lead decliners by 6.2:1.
[10:31] {Threei} - NASDAQ volume 535M shares, about 5% below its three-month average; advancers lead decliners by 3.3:1.
[10:31] {Threei} - VIX index -4.5% to just under 26.50
[10:31] {Threei} QCOM looks like short on 43 break to me
[10:31] {Threei} I'd just prefer to do it with market dropping
[10:31] {Threei} but looks good
[10:32] {fernp} lots of candles w/shadows in BAC. bizarre
[10:32] {nemo} battleground
[10:33] {Threei} plenty of out of bounds prints on it for some reason
[10:33] {fernp} look at the current candle goes from .85 to .95 continuously
[10:34] {Threei} look at T&S
[10:34] {Threei} you'll see why
[10:34] {fernp} y
[10:35] {Threei} RIMM... down and down
[10:35] {Threei} so much for that buyback?
[10:37] {Les} and someone came to rescue QCOM
[10:37] {bkhmd} where did that surge come from
[10:37] {Les} spy
[10:38] {nemo} aig making 2nd attempt at r1 .52
[10:40] {strider} nemo, what charts are you using for pivots?
[10:41] {nemo} freestockcharts.com...uses Microsoft Silverlight, which can be an issue
[10:41] {strider} OK. I've been using that some also. No problems with silverlight. I use Firefox if that makes a difference.
[10:42] {nemo} can stick a bit with firefox...I run it in Chrome
[10:42] {strider} haven't had any problems so far
[10:42] {nemo} kewl
[10:43] {Threei} Long Setup: AIG .20 break half lot if stays above .10
[10:44] {nemo} ba quotes again
[10:45] {fernp} something is happening with financials today, i am trading WFC and FITB and both make out of bounds prints very often... better i leave them alone
[10:45] {fernp} AIG too
[10:45] {Threei} yes
[10:46] {Threei} seems to be widespread quote problem
[10:46] {Threei} trev... any insight?
[10:46] {nemo} it's them again
[10:46] {nemo} excuse me...it's they again
[10:46] {fernp} i am out .25
[10:46] {Threei} 1:1 AIG
[10:46] {lasertrev} checking into it now
[10:47] {strider} I got out flat...can't trade with those stupid quotes
[10:47] {fernp} yeah
[10:48] {Threei} watching RIMM for short setup
[10:49] {Threei} Short Setup: RIMM .70 break half lot
[10:49] {Threei} if stays under .85
[10:49] {dino} mxwl .50 sm l
[10:51] {lasertrev} quoteserver 8 works well
[10:51] {Threei} held by fingertips RIMM
[10:53] {strider} stop dino?
[10:53] {dino} lod
[10:54] {strider} thx
[10:54] {dino} eyes on pru again
[10:55] {dino} stride, mxwl may take awhile, put hard stop on it and move on to other imo
[10:56] {strider} thx
[10:59] {Threei} come on market, let's start selloff
[10:59] {Threei} I have that beer on the line
[11:00] {bkhmd} after lunch
[11:00] {Threei} in case it's important for someone:
[11:00] {Threei} *(HU) HUNGARY OCT BUDGET BALANCE YTD (HUF): -1.04BV -1.1B PRIOR
[11:01] {Threei} die RIMM
[11:02] {strider} out RIMM +.10
[11:02] {strider} not the best exit
[11:02] {Threei} 1:1
[11:03] {Threei} taking scalp
[11:04] {Threei} dino... I believe I still have a shot at that beer, but just n case... what kind you prefer?
[11:05] {bkhmd} dont give up vad its coming after lunch just not sure which day
[11:05] {bkhmd} lol
[11:05] {bkhmd} lol
[11:05] {Threei} 15:59] {dino} vad, a beer bet, up 100+ tomorrow's close
[11:05] {Threei} [16:00] {Threei} my bet for tomorrow is red close
[11:05] {Threei} [16:00] {Threei} beer it is
[11:05] {Threei} [16:00] {Threei} I'll take my favorite
[11:05] {Threei} [16:00] {Threei} Innis&Gunn
[11:05] {bkhmd} did you specify day?
[11:06] {dino} becks
[11:06] {strider} Got to read up on hard stops in Laser. Anyone use them?
[11:06] {Threei} only if I have to leave opwen position
[11:06] {bkhmd} ohhhhalways
[11:07] {Threei} it's quite intuitive to set up
[11:07] {Threei} OMS module
[11:07] {dino} but the day is young 3i, we lost this much yesterday
[11:07] {strider} stopped mxwl
[11:07] {Threei} and panel is pretty much like your typical VCR
[11:07] {dino} yes strider, sorry
[11:08] {strider} yeah....see it....select 'stop' and enter price, then click buy or sell?
[11:08] {strider} Hey, dino...nobody's twistin my arm here. I'm riding your coattails:)
[11:08] {Threei} no
[11:09] {Threei} after you set the order and clicked OK,
[11:09] {Threei} use green arrrow to activate order
[11:09] {Threei} red square to stop it
[11:09] {strider} I'm in the wrong place..don't seee what you're talking about. Where is OMS module?
[11:10] {Threei} ok
[11:10] {Threei} look at the menu
[11:10] {dino} understood
[11:10] {Threei} Modules
[11:10] {Threei} OMS module
[11:10] {strider} whoa..
[11:10] {strider} there tis
[11:10] {Threei} in the new window that pops up,
[11:10] {Threei} third button from the left is Add a new order
[11:11] {Threei} set all parameters,
[11:11] {Threei} click OK
[11:11] {strider} gotcha.
[11:11] {strider} what if price jumps stop price?
[11:11] {Threei} now use arrow and square to activate or desactivate order,
[11:11] {Threei} Modify button to change it
[11:11] {dino} fsys
[11:11] {Threei} etc
[11:11] {strider} do you set it as market exit?
[11:12] {Threei} I do the same as I do manuals,
[11:12] {Threei} a few cents leeway
[11:12] {strider} k
[11:12] {Threei} if it's very thick stock, I use market
[11:13] {dino} same here
[11:13] {fernp} when I use stops, I enter them directly from Level2, route-}stop, type-}stop, the stop price... and seem to work fine
[11:13] {dino} when you want to get out, get out
[11:13] {dino} tkes all emotion away
[11:13] {dino} takes
[11:14] {dino} and we know what emotion is....
[11:14] {Threei} I am not sure how that thing works fern
[11:14] {Threei} I mean I don't know mechanics
[11:14] {fernp} i think the difference is these stops are client side and OMS ofers server side stops
[11:14] {strider} fern...do you have to click sell or buy after entering stop price?
[11:14] {fernp} offers
[11:14] {Threei} I'd prefer trev to explain that
[11:15] {fernp} yes strider
[11:15] {Threei} last time I looked into that one it was mostly non-functional
[11:15] {Threei} and software guys told me it was in works
[11:15] {Threei} it was a few versions back andf I never asked again
[11:15] {strider} but it's working for you, fern?
[11:15] {fernp} this monday worked well
[11:16] {Threei} as a market order?
[11:16] {Threei} and how it routed?
[11:16] {fernp} Stop or StopL
[11:16] {fernp} StopL -} limit
[11:16] {fernp} stop -} market
[11:17] {strider} so stop and stopL works for either side of trade? Profit exit or loss exit?
[11:17] {fernp} yes
[11:17] {Threei} huh... I don't have stopL
[11:17] {strider} Can't do both though?
[11:17] {Threei} only stop
[11:17] {fernp} no profits is a limit order
[11:18] {strider} I've got Stop , StopL, and StopT===I guess trailing
[11:18] {strider} I'll go back and watch the videos.
[11:19] {Threei} funny... I don't even understand where you see those :)
[11:19] {strider} have to use advancedd style mouse menu.....
[11:19] {strider} lvl ii
[11:20] {dino} pru getting interesting again
[11:22] {strider} as long }
[11:22] {strider} ?
[11:23] {dino} y
[11:23] {dino} imo
[11:24] {dino} break of ,75 or on a whoosh down to .25ish
[11:24] {dino} break it is sm .75 l
[11:25] {dino} stop is .43
[11:26] {dino} tighten that to .49
[11:29] {strider} just watching PRU
[11:30] {dino} not working
[11:32] {strider} trying to stay afloat
[11:32] {dino} stopped
[11:33] {dino} that darn 11:00 curse
[11:34] {strider} FAST consolidating
[11:34] {strider} narrow range
[11:37] {dino} look whoosh to .15, gut was right
[11:37] {dino} brain was wrong
[11:38] {bkhmd} did u see 3 minute chart Dino?
[11:38] {dino} y
[11:39] {bkhmd} 3 min looks much different set up
[11:43] {dino} what do you see
[11:43] {dino} breakdown, whoosh, bounce i see
[11:43] {dino} wfmi app. lod
[11:43] {dino} lamr strong
[11:46] {dino} breaking down now pru
[11:47] {bkhmd} i wanted to short it when it fell below .62 but was scared lol
[11:49] {Threei} let the selling begin
[11:49] {Threei} I really want that beer
[11:50] {strider} HIG headless horseman
[11:50] {dino} you were right
[11:50] {dino} 42.52ish gap aug.
[11:50] {dino} strange tho, significant guidance raise
[11:51] {Threei} kay guys, my view is clouded by beer bet,
[11:51] {Threei} but
[11:51] {strider} wfmi interesting
[11:51] {Threei} if you feel selling is in cards
[11:51] {Threei} QID is our vehicle
[11:51] {Threei} either .80 long if stays above .70
[11:52] {Threei} or shorting market into bounce by attempt to catch QID long closer to .60
[11:52] {Threei} word of warning: can cost a stop or two while downtrend establishes
[11:53] {Threei} SRS is another option
[11:53] {Threei} .30 break
[11:54] {Threei} with stop under .20 for scalpers, under .15 for day traders
[11:55] {strider} quotes stuck again
[11:55] {bkhmd} its not ur system
[11:56] {Threei} quotes look OK here
[11:56] {strider} Had QID lvlii stuck
[11:56] {Threei} there are some odd prints but I don't think it's Laser
[11:56] {bkhmd} i froze also Stride but ok now
[11:56] {strider} wasn't in sync with t&s
[11:57] {Threei} see these wird ones at .67 on QID?
[11:57] {Threei} they are out of bounds
[11:57] {Threei} not real
[11:57] {strider} I think I remember that Qcharts had some routing options.
[11:58] {strider} when these problems arose
[11:58] {Threei} but whatever the reason is, let's not miss this golden opportunity:
06[11:58] * Threei slaps lasertrev around a bit with a large out of bounds prints
[11:59] {strider} long QID .81 small
[11:59] {fernp} is Laser Vad, in my other plataform there are no problem and charts have not those shadows
[11:59] {bkhmd} why lasertrev fault?
[11:59] {Threei} ty fern
[12:00] {Threei} all the more reasons to slap trev
[12:00] {Threei} Market Internals update at 12:00pmET
[12:00] {Threei} - NYSE volume 470M shares, about 3% below its three-month average; advancers lead decliners by 4.7:1.
[12:00] {Threei} - NASDAQ volume 980M shares, about 3% below its three-month average; advancers lead decliners by 3.2:1.
[12:00] {Threei} - VIX index -5.3% to just under 26.50
[12:00] {fernp} .81 long?
[12:03] {strider} me, ferN/? yeah. Wasn't that the call?
[12:03] {strider} or one of them?
[12:03] {fernp} i think so
[12:03] {strider} I',m sm shares...may average in if looks like a bounce at .60
[12:04] {magoo} what internet access u guys using? cable , adsl?
[12:05] {strider} I've got cable, with DSL backup
[12:05] {nemo} cable
[12:05] {Threei} cable
[12:05] {magoo} what speedtest resulyts u have ?
[12:05] {strider} may drop the dsl in a few months.
[12:05] {magoo} u too vad, speedtest it please
[12:05] {Threei} what do you use to measure speed?
[12:05] {magoo} speedtest.net
[12:06] {Threei} let's compare on the same soirce
[12:06] {nemo} pcpitstop
[12:06] {Threei} ok, lemme try
[12:06] {magoo} mega bites per sec mb/s
[12:06] {fernp} i have both with a network balancer (try to do that w/windows) lol
[12:06] {nemo} 15
[12:07] {dino} missed pru, phone call
[12:08] {Threei} 19.14
[12:08] {larisa} I have cable, test shows download 28 mb/s, upload 5.5 mb/s. Almost never have problem with quotes.
[12:09] {larisa} unless laser has them of course :)
[12:09] {magoo} mine so bad, thats what ive been up too this morn, just made appointment to nswitch too cable next week
[12:09] {dino} thx, going cable next week
[12:09] {magoo} vad, upload or download speed?
[12:10] {Threei} download
[12:10] {larisa} you need to worry about download mostly
[12:10] {Threei} yeah, upload is mostly irrelevant
[12:11] {larisa} at the beginning of trading era I was trading through dish that would only download. Upload was diap up :)
[12:11] {Threei} what are you getting magoo?
[12:12] {nemo} aig volatility
[12:13] {Threei} PRU Hearing defended at UBS (timing uncerrtain) (44.01, -2.55, -5.48%)
[12:13] {magoo} what was your upload vad because im switching and curious?
[12:13] {Threei} takes a while to develop from the frozen state, but unless shakes us out first, should be a good downtrend
[12:13] {Threei} 3 mags
[12:13] {dino} whippy
[12:14] {strider} Vad, what's your nominal download, e.g., what isp says you're buying?
[12:14] {Threei} if things go as I feel they should, it won't be a scalp
[12:14] {Threei} I see QID going to 23.20, and possibly higher,
[12:14] {nemo} QID vad
[12:15] {Threei} but then again, it may be beer bet talking
[12:15] {dino} slurring
[12:15] {Threei} I don't remember strider... been quite a while since I signed up with them
[12:15] {Threei} nemo?
[12:16] {nemo} answered
[12:16] {strider} Nice bull flag on QID (he says, hopefully)
[12:16] {magoo} vad, our test shows .64 download mb/s UNREAL..theres the issue
[12:16] {strider} triangle, rather
[12:17] {Threei} .64???
[12:17] {Threei} sheesh
[12:17] {magoo} yeah
[12:17] {Threei} there you go
[12:17] {Threei} that's the root of your quote problems
[12:17] {magoo} yup...unfortunately after smashing 2 computers and buying the fastest mothers out there
[12:17] {strider} It's going to vary a lot, depending on where the server is you're pinging.
[12:18] {Threei} it's less than larisa was getting with half-shot satellite rusted from outside and inside
[12:18] {magoo} wed next week enter information age
[12:19] {Threei} you can use postal pigeons with the same success
[12:19] {dino} then i can make mistakes much faster
[12:19] {Threei} hehe
[12:19] {strider} and get shat upon for your efforts.
[12:19] {nemo} janitor!
[12:20] {nemo} you guys are so close to NY too
[12:21] {nemo} everybody I know who has had dsl hates it
[12:22] {dino} we do now too
[12:22] {dino} and get this, cable will be less$
[12:22] {fernp} mags, could be someone downloading movies, software, etc... if someone is using p2p programs can saturate bandwidth
[12:23] {Threei} you mean, magoo downloading porn will negatively affect dino's trading?
[12:23] {bkhmd} hahahahah
[12:23] {bkhmd} hahahahah
[12:23] {fernp} EXACTLY
[12:23] {fernp} you read my mind, but i am a bit polite
[12:23] {nemo} not on dsl...cable
[12:24] {bkhmd} downloading is not the problem viewing is what creates the problems bad for eyes
[12:24] {Threei} count on me for being impolite
[12:24] {dino} roflol
[12:24] {Threei} btw, during initial DSL/cable war this argument of shared pipe was main one cited by DSL
[12:24] {Threei} never really happened
[12:24] {nemo} back to the thumb joke?
[12:25] {Threei} AFAIK, cable winds handily
[12:25] {strider} lots of outside the market trades on QID also.
[12:25] {nemo} Vad on this last aig rise you've got descending volumes at peaks and at resistance
[12:26] {Threei} I don't see any significance to it
[12:26] {Threei} it's a listless time
[12:27] {Threei} things move in narrow range up and down with no rhyme or reason
[12:27] {nemo} yeah, but dropped big at 11:40
[12:27] {Threei} until we see decisive break, nothing is really readable
[12:29] {Threei} for a change, Jon Voight on TV
[12:29] {Raven} I have AT&T DSL bundle with TV and VOIP ... download speed 6M ... workslike a charm
[12:29] {nemo} slow download
[12:29] {Raven} 6M is slow?
[12:30] {nemo} very
[12:30] {Threei} 19 here R
[12:30] {Threei} 28 for larisa
[12:30] {nemo} I average 15
[12:30] {bkhmd} 13 here
[12:30] {Raven} I can get 20M if I pay more ... does not seem necessary
[12:30] {nemo} the US has the slowest average internet speeds in the developed countries
[12:30] {Threei} well, you don't have brother downloading porn next to you
[12:31] {Raven} there is that
[12:31] {bkhmd} hahahah
[12:31] {bkhmd} hahah
[12:31] {bkhmd} takes all the bandwidth
[12:31] {Raven} I ditched cable long ago ... the speed varied all over the map
[12:31] {bkhmd} i would think it would depend on area
[12:31] {Raven} DSL is rock steady
[12:32] {nemo} cable architecture siphons bandwith as users are added
[12:32] {Raven} and yes ... the area makes a difference for sure
[12:33] {Raven} right nemo ... and my neighbors must have been downloading a lot of porn
[12:33] {bkhmd} If your close to the DMARC then DSL is great
[12:33] {nemo} farther away from the cities slower cable is also
[12:33] {Raven} like most shit ... everything is local;
[12:34] {bkhmd} HIG trying to break?
[12:34] {nemo} quoting Tip Rraven?
[12:34] {Raven} I guess
[12:36] {strider} Don't interrupt your brain's thinking by working.
[12:41] {nemo} C&H on Hig?
[12:41] {strider} Anyone besides Vad know what their nominal download speed is from ISP? I need to upgrade mine, and don't want to under-or -overbuy.
[12:41] {nemo} or, no lunch-time break outs
[12:41] {Threei} it's so little
[12:41] {Threei} I don't think I'd trust it
[12:41] {nemo} 15
[12:42] {strider} k
[12:42] {Raven} 6
[12:42] {dino} going to 15
[12:42] {strider} Nemo, you''ve still been having 'issues', though, haven't you.....with freezing.
[12:42] {bkhmd} 13
[12:42] {bkhmd} 13 but i pay lil extra i wanted more speed for the porn
[12:42] {bkhmd} lol
[12:42] {bkhmd} lol
[12:42] {bkhmd} hate waiting
[12:42] {bkhmd} lol
[12:43] {nemo} only in Laser, everything ele works fine
[12:43] {strider} I've only got 5 at the moment....but I used to run MBTrading and 7 screens of QCharts on 3 mg and never had freezin problems.
[12:44] {strider} Not hving problems now with MBT either.
[12:44] {nemo} o.k. I bring up board view in LASER but the header so I can move the window is above the upper border of LASER..what do I do?
[12:44] {strider} I'm thinking it has to do with one of the nodes of the route Laser takes to get to us.
[12:45] {strider} Nemo..have to temporarily change resolution of your monitor to get it.
[12:45] {strider} Increase resolution.
[12:45] {strider} Or you might be able to go into monitor settings and move screen around .
[12:46] {nemo} no, it's not above my monitor, it's above the LASER desktop
[12:47] {strider} in that case, you're screwed.
[12:48] {strider} Vad are you in QID?
[12:48] {strider} If so, what's your stop}
[12:49] {Threei} half strider
[12:49] {Threei} with intend to add second half around .60 if it strengthens from there or get stolpped if loses it
[12:49] {strider} Nemo...can you change Laser to full screen? Square box at top right? that might do it.
[12:49] {strider} thx vad
[12:50] {magoo} in anything else
[12:50] {Threei} kind of trying to combine two strategies in one
[12:51] {_vgdanger} hello..im new to this room. had a question on the hig play off he open was it a capitulation play or low bb play? also was hurn play euphoria?
[12:51] {Threei} hi
[12:51] {magoo} hi
[12:51] {Threei} HURN I remember,
[12:52] {Threei} that was JBE failure kind of setup,
[12:52] {Threei} loss of support of consolidation range
[12:52] {Threei} HIG first play I need to referesh
[12:52] {_vgdanger} i see
[12:52] {Threei} let me look
[12:53] {Threei} ahha... 59 trigger
[12:53] {Threei} no
[12:53] {nemo} hig was capitulation
[12:54] {Threei} 24.10
[12:54] {Threei} yes, capitulatory selloff
[12:56] {nemo} sort aig .99
[12:59] {_vgdanger} now du have have hard 15 cent 10 outs for most of your plays..im having a hard time figuring out the logic behind your break and stops..are they base on your own risk management?
[12:59] {_vgdanger} kind of different from your book and scalping course
[13:00] {Threei} there is nothing different, it's the same system and those same setups
[13:00] {Threei} show me a particular play so I could explain the logic of stop placement
[13:04] {fernp} nemo to drag that board view, you can go to window --} cascade. But all your others windows are going to mess
[13:04] {nemo} ty
[13:04] {_vgdanger} ure....how bout the hig? i understand the play but the low from what i remember was below 24...like around 23.84 based on the candle unless im getting the time of call and relevant 1 min candle messed up
[13:04] {nemo} i'm in the middle of aig right now
[13:05] {fernp} good luck then :-)
[13:05] {Threei} 09:35] {Alert} Threei .10 recross HIG long
[13:05] {Threei} [09:36] {Alert} Threei stop under 24
[13:05] {nemo} mesed up the stop
[13:05] {Threei} this one?
[13:06] {_vgdanger} thats the one
[13:06] {Threei} HIG lost 24 only on 9:38
[13:06] {Threei} at that moment 24 was unbroken low
[13:07] {Threei} and it went up to .28 after breaking .10
[13:07] {Threei} which constitutes solidly over 1:1 for a scalp
[13:07] {_vgdanger} gotcha
[13:08] {Threei} :)
[13:10] {_vgdanger} ive noticed you play hig quite a bit based on the trading logs....any particular reason.? just a good read on it i suppose?
[13:10] {Threei} I tend to stick with what works until it stops working
[13:10] {Threei} and HIG behaves amaZingly well lately
[13:10] {_vgdanger} that does make sense
[13:11] {Threei} one day it will stop and I'll drop it like 17 years old drops his girlfried if she stops dying her hair
[13:11] {_vgdanger} lol
[13:11] {nemo} never heard that one before
[13:11] {Threei} because I just came up with it
[13:12] {nemo} let it be the last time
[13:12] {Threei} and believe me I had 3 less politically correct versions
[13:12] {nemo} dcc please
[13:12] {Threei} it reallt changes
[13:12] {Threei} really
[13:12] {Threei} I remember periods whehn different stocks worked for aheile
[13:12] {Threei} then stopped
[13:13] {nemo} wow, what butchering
[13:13] {Threei} UAUA was our hero for a while,
[13:13] {Threei} DRYS
[13:13] {Threei} PALM
[13:14] {_vgdanger} so now ts hig and rimm,,,i remember cat was a frequent play on your logs
[13:15] {Threei} right
[13:15] {_vgdanger} so now its^
[13:15] {Threei} then CAT became so jumpy
[13:15] {Threei} I am hesitant to play it these days
[13:15] {fernp} also some solars vad
[13:16] {Threei} yeah... ESLR, when it was a decent stock and not today's cheap piece of crap
[13:17] {Threei} and AIG, oh my dear AIG
[13:17] {Threei} how beuatiful you used to be
[13:17] {Threei} but along with those usual suspects now and then scanner spits out something new
[13:17] {Threei} like NTRI a day ago
[13:17] {nemo} waxing poetically here 3i
[13:17] {Threei} that's me... all poetic
[13:19] {_vgdanger} also what is your criteria on buying on pullbacks on a one minute? what makes you decide to play an aggressive entry in general.
[13:20] {Threei} a bit too general question... there are variations
[13:20] {Threei} oullback into clearly defined support for instance
[13:20] {Threei} pullback
[13:20] {Threei} it's easy to show on the chart
[13:20] {_vgdanger} i see
[13:20] {Threei} aggressive entries are not always pullback entries by default
[13:21] {Threei} sometimes it's simply entry "in advance", before actual breakout
[13:21] {bkhmd} RIMM recovered
[13:21] {Threei} btw, guess who is on TV - and this time it's not Jon Voigt
[13:22] {bkhmd} Melissa Lee?
[13:22] {nemo} aig momo again?
[13:22] {Threei} it is
[13:22] {Threei} mags
[13:22] {Threei} see AIG?
[13:23] {_vgdanger} do u use all the scanner windows that come with scanner. any ones that are used more frequently than others?
[13:23] {_vgdanger} there are quite a bit
[13:23] {Threei} lookk at AIG 1 min
[13:23] {Threei} see support at .50?
[13:23] {Threei} pullback to it would be a clean example of pullback entry
[13:24] {Threei} and if it behaves like it does when momo comes, it goes to 39.50 soon
[13:24] {Threei} at least
[13:24] {nemo} Qs and spy's flattening...faz DB?
[13:24] {Threei} scanner windows - not all at once of course
[13:25] {Threei} they are good for different markets
[13:25] {Threei} breakouts, breakdowns
[13:25] {_vgdanger} i see what u mean with the aig
[13:25] {Threei} 39 be taken
[13:27] {Threei} like hot knife through margarine
[13:29] {Threei} pullback after break
[13:29] {Threei} rather normal for this animal
[13:29] {Threei} support is right here
[13:29] {Threei} around .70
[13:30] {Threei} see the middle line of BBs?
[13:30] {Threei} touched it and bounced
[13:30] {_vgdanger} yes i see it
[13:30] {Threei} this is not a very strong support but it dropped very fast into it
[13:30] {Threei} I wouldn't consider it an entry if it slid slowly
[13:30] {Threei} but fast vertical drop, yes
[13:31] {Threei} kind of hard to comment this kind of fundamental things on so fast stock, but just trying to describe what I am l,ooking for
[13:31] {Threei} immediate resolution helps to see how concepts work
[13:31] {nemo} market and $ decoupled to . $ barely down
[13:32] {Threei} .50 - .55 next support
[13:32] {_vgdanger} would you ever consider pay once the 39 lifted originally?
[13:33] {_vgdanger} hoping for a run to 50c?
[13:33] {Threei} buying 39 break?
[13:33] {Threei} no, not on AIG
[13:33] {Threei} AIG is much better play on pullbacks during momo
[13:33] {Threei} on breakouts it tends to shake out hard
[13:33] {nemo} this not as strong momo as Tuesday though
[13:33] {Threei} what magoo calls heavy breather
[13:34] {nemo} that's after he's downloaded
[13:34] {Threei} and I don't want to even think where he got the reference
[13:34] {fernp} lol
[13:34] {magoo} :)
[13:34] {Threei} now look how it paused
[13:35] {Threei} this I don't like as a forecaster of bounce after pullback
[13:35] {Threei} I want it to dive into support rapidly
[13:35] {Threei} this is more like slide in AIG terms
[13:35] {Threei} I wouldn't try to entr near .50 now, rather wait for fast break
[13:36] {Threei} and see if you can get .35 - .40
[13:37] {larisa} 39 38.50 short AIG scary as hell
[13:37] {Threei} wtg larisa
[13:37] {Threei} you are fearless gal
[13:37] {larisa} stopped out 38.95 -39, shorted again :)
[13:37] {Threei} shorting into such momo takes dino's guts
[13:38] {dino} gj lari
[13:38] {larisa} I am always early
[13:38] {Threei} bounce eventually worked but this is not my cup of tea
[13:39] {bkhmd} {---slaps larisa with Jewels Flowers and whatever else she wants
[13:39] {bkhmd} good call
[13:40] {Threei} whatever else she wants? someone's smitten...
[13:41] {larisa} 13.31 bounce top was much safer short
[13:43] {larisa} I dunno if it shows on time bars though, i use ticks for scalps like that
[13:43] {strider} yo8 buying here vad?
[13:43] {dino} sm l ddm .00
[13:44] {Threei} buying what?
[13:44] {strider} QID
[13:44] {Threei} not into selling
[13:44] {Threei} if it strengthens and starts upticking yes
[13:45] {Threei} lost support instead
[13:45] {strider} I'm out
[13:45] {Threei} yeah
[13:47] {nemo} think you're going to owe beer today Vad
[13:47] {larisa} what was the bet?
[13:47] {Threei} that'll be very unfortunate
[13:47] {Threei} dino bet on +100 close, I bet on red
[13:48] {larisa} I wanted red today too
[13:49] {strider} HIG c&h?
[13:49] {dino} remind me not to send you xmas card larisa
[13:49] {dino} :)
[13:50] {Threei} yes on HIG
[13:50] {larisa} lol
[13:50] {larisa} I did not know about your bet :)
[13:51] {dino} in that case, all is forgiven
[13:51] {larisa} ty
[13:51] {dino} you are going to laugh, but "gut" is saying up 250 or so today
[13:52] {Les} various tech analysts were looking for retest of long term trend line today. guess its playing out
[13:53] {larisa} 10k enemy line :)
[13:53] {Les} that's aggressive talk :)
[13:55] {Threei} 'em are fighting words
[13:56] {dino} pru sm l .30
[13:57] {Threei} what the heck is going on with USD?
[13:57] {_vgdanger} whats ur out on pru?
[13:57] {Threei} you see this on UUP?
[13:58] {bkhmd} wghat was that Vad
[13:58] {nemo} holy shit
[13:58] {Threei} that was my question bk
[13:58] {dino} .98
[13:58] {Threei} unfair to throw it back at me
[13:59] {nemo} you want fair.duh
[13:59] {Threei} must be some data error
[13:59] {Threei} I've never seen anything like this
[13:59] {Les} strange. no change in dollar index
[14:00] {magoo} look RIMM here boss
[14:01] {Threei} hmmm
[14:01] {Threei} something with data today, all over the map... I don't feel comfortable
[14:01] {magoo} oh shit..vad, i need that trade "click" sound when i fill...no longer there
[14:02] {Threei} dcc me your e-mail, I'll send it to you
[14:02] {fernp} look at FAA (airlines etf)
[14:02] {fernp} 4 prints all day
[14:02] {magoo} sent
[14:03] {Threei} sent back
[14:03] {nemo} I just sent it also
[14:04] {magoo} oh oh..another setup issue
[14:04] {magoo} in trade settings vad, Route out "check all of them correct"?
[14:05] {Threei} yes
[14:05] {magoo} Reserve {in center} uncheck all correct?
[14:06] {magoo} reserve vad?
[14:06] {Threei} your choice
[14:06] {Threei} I have them checked
[14:06] {Threei} might be my general sneakiness
[14:06] {magoo} and Default..what u doing there?follow lev 2 "check?
[14:07] {Threei} unchecked on mine
[14:07] {magoo} nasdaq ?listed?
[14:07] {bkhmd} RIMM DB?
[14:07] {Threei} no
[14:07] {bkhmd} ty
[14:07] {Threei} okay... we start looking like selloff coming again...
[14:07] {Threei} a bit torn here
[14:08] {Threei} don't want to try same thing again and again
[14:08] {magoo} in default, u write anything in box after nas and listed?
[14:08] {Threei} and don't want to miss it when it comes
[14:08] {Threei} I am not sure mags, it seems lkike a lot changed... ask trev is it still matters
[14:09] {larisa} chart spikes all over the place, it is not only Laser problem
[14:09] {magoo} ok
[14:10] {nemo} it's they again
[14:10] {larisa} always :)
[14:10] {Threei} I suspected as much, it didn't look like platform problem
[14:11] {Threei} it's feed that creates such strange discrepancies
[14:11] {fernp} Have to go. good evening everybody. see u all tomorrow.
[14:11] {larisa} tired of clearing up the spikes today :)
[14:11] {larisa} bye fern
[14:11] {Threei} in such cases, sometimes all platforms are affected, and sometimes some of them
[14:11] {nemo} noches fern
[14:11] {Threei} take care fern
[14:11] {lasertrev} later fern
[14:12] {bkhmd} tc fern
[14:12] {dino} cya fern
[14:12] {magoo} vad dcc quick
[14:14] {nemo} calm before the storm
[14:15] {fernp} btw strider, vad, i was stopped out QID using a hard stop placed with level2... and worked
[14:15] {fernp} i am late, bye
[14:15] {Threei} ty fern
[14:26] {Threei} Short Setup: RIMM .50 break
[14:26] {Threei} if stays under .60 - .65
[14:27] {nemo} look at uup now
[14:27] {dino} whoa
[14:28] {Threei} I am beyond lost
[14:28] {Threei} dollar just doesn't move like this
[14:28] {nemo} yeah...relationships are breaking down
[14:28] {dino} run out of new shares uup
[14:28] {magoo} AIG
[14:28] {Threei} neither USO or HLD reflect anything even remotelyresembling what's going qith UUP
[14:28] {dino} could make uup run up higher than underlying value
[14:29] {dino} needs sec clearance foe more shares
[14:29] {nemo} scary, but could signal confidence in the economy
[14:29] {Threei} AIG momo may come
[14:30] {Threei} RIMM 1:1
[14:30] {bkhmd} out ty vad
[14:30] {Threei} welcome
[14:30] {dino} nemo, no uup out of shares, same thing happened w/other indexes, gas, etc. drives them up
[14:31] {jmb} thanks vad
[14:31] {Threei} :)
[14:31] {Threei} despite losing beer bet dramatically, our hit rate looks very nice today
[14:31] {Threei} I haven't counted though... just from memory
[14:33] {magoo} perfect time for AIG squeeze
[14:33] {magoo} '
[14:33] {Threei} how would you know, 5 minutes ago you didn't even have sound alert on executed order
[14:34] {bkhmd} lol
[14:34] {magoo} but i do now :)
[14:34] {larisa} lol
[14:34] {bkhmd} rofl
[14:34] {Threei} hehe
[14:34] {magoo} in .38
[14:34] {Threei} this si so illogical, I just couldn't resist
[14:34] {magoo} if IF takes 40 its ON
[14:34] {Threei} it will
[14:34] {magoo} i mean today
[14:35] {Threei} may breathe ard again, but it should tag 40 today
[14:35] {magoo} 3rd try ..near it yester morn
[14:35] {magoo} and tues
[14:42] {magoo} long CVS ,50
[14:43] {magoo} AIg
[14:47] {strider} +.40 AIG
[14:47] {strider} thanks for the head's up magoo
[14:47] {Threei} wtg
[14:47] {bkhmd} awsome
[14:47] {magoo} welcome
[14:47] {magoo} methodical grinde up here
[14:47] {magoo} bodes well for more
[14:47] {dino} wtg strider
[14:47] {Threei} no guts - nice lookinf waist
[14:48] {strider} as you can imagine, was very small
[14:48] {magoo} 3k?
[14:48] {strider} not tiny!
[14:48] {magoo} 1:2 CVS
[14:49] {dino} giddy-up
[14:49] {Threei} whew
[14:49] {Threei} out .85 AIG
[14:49] {Threei} no way I touch it today again
[14:49] {magoo} SEE stripper
[14:49] {Threei} here comes my 40
[14:50] {larisa} where did you enter? around 14.40 double bottom?
[14:50] {Threei} how did you know?
[14:51] {larisa} I would enter right there. But I fed up with AIG for today :)
[14:51] {Threei} :)
[14:51] {Threei} well, at least I made enough to buy that beer
[14:51] {larisa} still 10 min, do not give up
[14:51] {dino} lol
[14:52] {Threei} 10 min?
[14:52] {dino} 10 beers
[14:52] {larisa} oops, I thought we are done for the day
[14:52] {Threei} what planet is your market on?
[14:52] {dino} then again, lots of time
[14:52] {Threei} or you forgot to move your watch?
[14:52] {larisa} this is why did not want to take AIG
[14:53] {nemo} why? because it makes you say silly things?
[14:53] {dino} you see 3i, i joined forces w/stewie on his time machine
[14:53] {larisa} thought it is almost 4pm
[14:53] {Threei} that's unfair dino... I'll have to tag Doc and go back to the future then
[14:54] {dino} gl
[14:54] {nemo} got an extra flux capacitor?
[14:54] {Threei} and he is truly mad
[14:54] {nemo} smoked too much dope on Taxi
[14:54] {dino} and delorean
[14:54] {Threei} no, we use gravitsapa to move pepelats out of garage
06[14:55] * nemo pulls out Threeish dictionary
[14:55] {Threei} no use nemo
[14:55] {Threei} that's for Russians... movie reference
06[14:55] * strider slaps Threei around a bit with a large copy of Oxford English Dictionary
[14:56] {Threei} don't know if Wiki has it... look up Kin Dza Dza
[14:56] {nemo} Zaire?
[14:56] {Threei} OK, who gave strider that script, lol
[14:56] {strider} Now I'm armed!
[14:56] {nemo} you told me to
[14:56] {Threei} RIMM more downside... who knew
[14:57] {Threei} I thought you understood newspeak nemo...
[14:57] {dino} wall at .70 on pru
[14:57] {dino} tag/drop/tag/drop
[14:57] {Threei} when Stalin told his security "take this guy out, make sure he is comfortbale, show him our best hosipitality", guy was dead in 5 minutes
[14:58] {dino} here comes +200
[14:58] {Threei} http://en.wikipedia.org/wiki/Kin-dza-dza!
[15:00] {Threei} Pepelatz an interplanetary spacecraft
[15:00] {Threei} Gravitsapa a component for the pepelatz which allows intergalactic travel
[15:00] {Threei} there
[15:01] {Threei} Tsapa a component for different machines. A big tsapa is a very important component for the pepelatz. A small tsapa is a component for the gravitsapa; without the small tsapa, a gravitsapa will not work. Tsapa is similar to a very rusty screwnut
[15:01] {dino} we just say rocket fuel and rocket
[15:01] {Threei} well, try for this last part then
[15:01] {strider} Gravitsapa -sounds like what you eat with mashed potatoes.
[15:01] {dino} grappa
[15:03] {bkhmd} AIG wow
[15:03] {dino} 10k
[15:03] {nemo} so much for the correction
[15:04] {Threei} look at RIMM
[15:04] {Threei} so much for shares buyback
[15:04] {Threei} who called me a cynic?
[15:04] {nemo} whoa
[15:05] {larisa} AIG is so scared of 40 :)
[15:05] {Threei} AIG bounce time
[15:05] {nemo} I caught that last downdraft, need a crowbar
[15:05] {Threei} (US) House approves homebuyer tax credit and unemployment benefits extension; bill awaiting President Obama's signature
[15:05] {Threei} - Note: Senate approved the bill yesterday
[15:05] {Threei} - jobless benefits extended for up to 20 weeks; current homeowners are now eligible for credit
[15:07] {nemo} rimm just closed gap
[15:07] {nemo} and then some
[15:07] {Threei} AIG right on cue
[15:07] {Threei} if you go for these bounces, keep it to scalps
[15:07] {nemo} got a crowbar?
[15:07] {Threei} RIMM a dollar down from short call
[15:07] {Threei} why did we ever bother to cover?
[15:21] {dino} out ddm .25
[15:21] {dino} +.25
[15:22] {larisa} nice
[15:28] {nemo} gotta' go, you can start talking about me behind my back
[15:28] {bkhmd} LATER NEMO
[15:28] {nemo} Ow
[15:28] {bkhmd} oops caps
[15:28] {larisa} bye nemo
[15:28] {Threei} take care nemo
[15:29] {magoo} that nemos pain in arse ey vad :)
[15:29] {Threei} sure is
[15:29] {lasertrev} later nemo
[15:30] {Threei} dino's right, UUP spike is new shares registration issue
[15:30] {Threei} meaningless move in terms of USD reflection
[15:31] {dino} say that again please, i don't hear that much
[15:32] {dino} pru to flat, distracted w/hess
[15:32] {Threei} I can't dino, I am busy researching option for beer home delivery
[15:39] {dino} DDpB
[15:40] {Threei} larisa... think I still have as chance?
[15:40] {Threei} Market Internals update at 3:30pmET
[15:40] {Threei} - NYSE volume 905M shares, about 2% above its three-month average; advancers lead decliners by 7.3:1.
[15:40] {Threei} - NASDAQ volume 1.81B shares, about 3% below its three-month average; advancers lead decliners by 3.4:1.
[15:40] {Threei} - VIX index -7.5% to just over 25.50
[15:40] {Threei} volume is not impressive
[15:40] {Threei} selling is to resume tomorrow or Monday, I am sure
[15:41] {larisa} lol
[15:42] {Threei} scalped UUP 23 break
[15:43] {Threei} really didn't want to call it, this thing is so strange
[15:45] {dino} it could be a squeeze
[15:53] {Threei} my ultrawide angle lens has arrived
[15:53] {Threei} see you all in two weeks
[15:53] {bkhmd} lol
[15:54] {Threei} or, is it's all it's crancked up to be, in a month
[15:54] {Threei} if
[15:54] {larisa} need another spelling bet
[15:54] {Threei} no way
[15:54] {Threei} if I amlosing trading bets, what chance do I have at spelling?
[15:56] {Threei} I don't fight at enemy's territory... not competing with Raven at grammar or with nemo at obnoxiousnes
[15:56] {Threei} with larisa I am not competing, period
[15:56] {dino} wel vad, 210 was about all it could go
[15:57] {Threei} it's twice what you bet on still, lol
[15:57] {Threei} your bet was 100
[15:57] {dino} yes, mid day thought we'd get 250
[15:57] {Threei} so at 200 I'd say I owe you not one but, get this,
[15:57] {Threei} drumroll please,
[15:57] {Threei} two, yes, TWO beers
[15:57] {dino} q is tomorrow. gut says pop and drop
[15:57] {bkhmd} lol
[15:57] {Threei} tomorrow is red
[15:57] {patience} i'm with you dino
[15:58] {dino} being the nice guy i am, i'll take two
[15:58] {Threei} you must
[15:58] {Threei} it's nemo who claimed the obnoxious spot
[15:58] {Threei} you have nice only left
[15:58] {dino} lol
[15:59] {bkhmd} good night all
[15:59] {bkhmd} thanks vad
[15:59] {Threei} okay guys
[15:59] {Threei} nice day
[15:59] {Threei} thank you asll
[15:59] {larisa} sigh
[15:59] {Threei} have a good evening, see you tomorrow
[15:59] {bkhmd} is it cold up there?
[15:59] {bkhmd} Vad?
[15:59] {Threei} no why?
[16:00] {larisa} bye all
[16:00] {dino} snow flurries here tonight
[16:00] {Threei} yikes
[16:01] {patience} roses still blooming here
[16:01] {patience} one of those winters where you have to mow the lawn throughout
[16:01] {Threei} so far, yes
[16:03] {dino} chris grey asks on realmoney; "if deficits and money printing don't matter, why do we need interest rates and taxes?" lol
[16:03] {Threei} good question actually
[16:06] {dino} he goes on "why not borrow an infinite amount of money at zero rates and never pay it back? then we would all be rich, right?...:)
[16:06] {Threei} no need even to borrow
[16:06] {Threei} if oprinting doesn't mattre, print
[16:07] {dino} hopefully the politicians don't really believe this
[16:08] {Threei} many left ones do
[16:08] {dino} unfortunately true

Wednesday, November 4, 2009

Nov 04 2009

Nice day with 4 wins out of 5 calls, and the stop was whooping 6 cents. The only disappointment was that we got the right read on the selling closer to the end of day but haven't found right entry for FAZ, missing potentially full dollar play.


Session Time: Wed Nov 04 00:00:00 2009

[07:10] {ese} good morning.......
[07:11] {ese} i have this sneaking suspicion that no one is going to be up this early but i'm just chiming into to say that i have to catch a 7:00am ferry off the island
[07:13] {ese} my rhythm and blues band is heading to Kelowna British Columbia today for a show this evening and tomorow morning.......may not see you all until friday morning
[07:14] {ese} am still long my sm position in ctsh at 41.30 and have a sell order in for 1/2 at 42.00
[07:15] {ese} am going about it vads way finally and letting 1/2 ride
[07:24] {ese} with other 1/2 stop at break even
[08:08] {nemo} dunedin :)
[08:08] {strider} morning nemo
[08:08] {nemo} dude :)
[08:08] {nemo} How's the weather down your way strider?
[08:08] {strider} Did you see STEC?
[08:09] {nemo} wow...another downgrade?
[08:10] {ese} have a great day all am outta here
[08:10] {nemo} why ese?
[08:10] {strider} no. Just some news about a customer having more inventory than expected.
[08:10] {strider} ese:)
[08:11] {strider} Listened to conference call last night. Didn't seem so terrible to me, but what do I know?
[08:11] {nemo} well...a couple of months ago they got kiboshed by the perceived threat of coming competition
[08:12] {strider} Yeah. dino pointed it out to me. He said you & he played it then.
[08:12] {nemo} yeah
[08:12] {nemo} looks like it might break here
[08:12] {strider} I'm long sm in another acct..from 15.99
[08:12] {strider} fromm last night.
[08:12] {nemo} really?
06[08:13] * nemo slaps strider around a bit with a large trout
[08:13] {strider} yeah
[08:13] {nemo} there she goes
[08:13] {strider} Well there was 45% short going into last night, so...
[08:14] {nemo} aig and rimm should be players today after yesterday...famous last words, of course
[08:14] {strider} seems like some of those guys should be covering about now.
[08:14] {nemo} where do you get your short info?
[08:14] {strider} unless they covered last night.
[08:15] {strider} Yahoo finance? Is it wrong?
[08:15] {nemo} with any of that stuff, it's how fresh the data
[08:15] {strider} They only publish it once a month , don't they? Was from the middle of October.
[08:16] {nemo} That's my point. Like swinging at a fastball after the catcher is throwing it back to the pitcher
[08:19] {Les} gm
[08:19] {nemo} perhaps
[08:19] {nemo} no French?
[08:21] {KSystems} morning
[08:22] {nemo} Gruezi
[08:23] {Les} no, my french sucks
[08:24] {Les} written french that is, can speak it ok
[08:24] {nemo} yeah, but we won't know
[08:24] {Les} true. "Gruezi" sounds impressive. is it a real word?
[08:24] {nemo} In the kindgdom of the blind the one eyed man is king
[08:25] {nemo} yeah, Bayerisch...
[08:25] {nemo} K is German (northern)
[08:26] {Les} wow strider you were listening in on a conference call. I thought by hanging out here I could avoid that sort of nerdish stuff? :)
[08:26] {nemo} You can Les
[08:27] {nemo} damn! adult supervision just showed up
[08:27] {nemo} Hi Raven
[08:27] {Raven} morning
[08:27] {nemo} agreed
[08:28] {Les} gm Raven. What's with the little speaker icon marked "voice" next to your name?
[08:29] {Raven} dunno ... you must not be logged on with MIRC ... I see no such icon
[08:29] {Les} can't remember which is which. I haven't downloaded the other software yet for accessing this blog. Should I?
[08:30] {cosmo} blog?
[08:30] {Raven} morn c
[08:30] {Les} chat/blog etc etc
[08:30] {cosmo} mourn r
[08:30] {nemo} try it and see if you like it les
[08:30] {nemo} cos
[08:30] {magoo} morn
[08:30] {nemo} Hi Mags :
[08:31] {strider} main thing about mIRC is that it makes better use of monitor space, imo.
[08:31] {cosmo} morn rather
[08:31] {nemo} gonna' chop up aig again Mags?
[08:31] {Raven} mourn is OK
[08:31] {cosmo} its seasonal
[08:31] {nemo} don't forget Strider, yo can trout
[08:32] {Raven} yea ... weather looks like mourn around here
[08:32] {cosmo} three days after a nite on bald mountain
[08:33] {nemo} Ahhh...I favor the quiet of Pictures at an Exhibition
[08:33] {Raven} maybe that's it
[08:33] {Raven} Respeegee
[08:33] {Raven} lol
[08:34] {nemo} had a night like that on an island once cosmo. Thought the lodge was gonna' blow down
[08:34] {cosmo} Ottorino Respighi - AllTheAnswers.com
[08:34] {cosmo} Prounciation: [respeegee] ... Dates: (18791936)
[08:35] {Raven} nice
[08:36] {cosmo} ....next one
[08:40] {nemo} Mussorgsky
[08:40] {cosmo} hmm
[08:40] {nemo} "next one"
[08:40] {magoo} glad NJ thru thaat asshole corzine out : )
[08:41] {nemo} won't make a difference
[08:41] {magoo} well..it hurts him and that helps lol
[08:41] {Threei} morning
[08:41] {Threei} lol mags
[08:44] {magoo} vad:)
[08:46] {Threei} Les, look dcc please
[08:47] {Threei} Meredith Whitney out with two reports reaffirming her long term cautious view on the Banking Sector
[08:47] {Threei} - Reiterates core view that current expectation on banking est's will continue to dissapoint
[08:47] {Threei} - Belief based on 4 key elements: further deleveraging, industry restructuring, on-going regulatory uncertainity and further withdrawal of credit from system
[08:47] {Threei} - See up to $7T in unused credit facilities being reduced through Q4 2010
[08:47] {Threei} - Note: Today's note makes no ratings changes: JPM, BAC, GS, MS, AXP, DFS still rated Neutral; WFC, C still rated Sell
[08:56] {fernp} Good morning everybody
[08:56] {Threei} fern :)
[08:56] {nemo} looks like strong up day to start
[09:00] {Threei} *(US) TREASURY'S QUARTERLY REFUNDING: TOTAL $81B
[09:00] {Threei} - 3 year notes:$40
[09:00] {Threei} - 10 year notes:
[09:00] {Threei} - 30 year bonds: $16B
[09:00] {Threei} - TIPS
[09:00] {strider} gm everyone
[09:01] {Threei} strider :)
[09:01] {strider} vad:)
[09:02] {Les} gm vad. dcc?
[09:02] {Threei} private message
[09:02] {strider} dcc=desultory carbon copy
[09:02] {Threei} look for new cgannel with my nick
[09:05] {cosmo} STEC pre mkt high = 16.23 fwiw
[09:05] {cosmo} should hold 16
[09:05] {nemo} I've got 16.35 pre market cos
[09:05] {Threei} hey guys... before you started stressing out over something trading related, have a look at http://www.realitytrader.com/photography/
[09:05] {cosmo} oops
[09:06] {nemo} shrooms
[09:06] {cosmo} well....flashbacks maybe
[09:06] {nemo} beautiful area Vad..saw those last night
[09:06] {Threei} :)
[09:11] {strider} Those pics look great, vad. How long you been doing photog?
[09:11] {fernp} those places really exist or are virtual places? :-) nice pics, Vad
[09:11] {Threei} they do fern, just ask patience or ese :)
[09:11] {Threei} depends on how you count strider...
[09:12] {strider} fingers and toes?
[09:12] {Threei} first camear I held in my hands was Smena 6, and I was 8
[09:12] {cosmo} nice racoon you got there
[09:12] {Threei} developing B&W film and making prints in my own darkroom
[09:13] {strider} If you can remember that, it obviously was important to you then.
[09:13] {Threei} something fascinated me about it that early, yes
[09:13] {Threei} now, 40 years and countless cameras later, it became major hobby
[09:14] {lasertrev} morning
[09:14] {Threei} trev :)
[09:14] {strider} Do you sell them?
[09:14] {Threei} only as a stock, just to make a hobby pay for itself
[09:15] {cosmo} the real money comes after the artist dies
[09:15] {Threei} but I will look into selling them as prints... when I find time to look into it :)
[09:15] {strider} STEC isn't exactly jumping off the chart, is it nemo?
[09:15] {Threei} hmmm... don't give me any ideas cosmo
[09:15] {cosmo} consider it .. the boobie prize
[09:16] {Les} saw your photo of magic mushrooms Vad. Cool acid trip, all those pretty colours.
[09:16] {nemo} no Strider
[09:21] {larisa} gm :)
[09:21] {nemo} suspects Vad?
[09:21] {Threei} larisa :)
[09:21] {Threei} ummm
[09:22] {Threei} not that she is suspect
[09:22] {larisa} lol
[09:22] {dino} gm all
[09:22] {nemo} femme fatale that one
[09:22] {Threei} dino :)
[09:23] {Threei} so far usual ones plus STEC
[09:26] {strider} fwiw,vad, STEC was 45% short from Oct.
[09:27] {Threei} that's a lot of people celebrating today
[09:27] {strider} yep. Question is, did they bail out ah yesterday, or are going to do so today?
[09:27] {dptl} morning all
[09:27] {Threei} dp :)
[09:27] {Threei} some will do today... some will hold out for more,,,
[09:29] {magoo} whats AMZN short interest nemo?
[09:29] {nemo} 5.14%
[09:30] {Threei} PIMCO's Crescenzi: Fed unlikely to make any major changes in today's policy statement
[09:30] {Threei} - Reminder: reports circulated last week in the FT stating that the Fed was considering softening its committment to keeping rates low "for an extended period"
[09:30] {magoo} ty
[09:30] {Threei} HIG sharp dive
[09:30] {magoo} AIG too
[09:31] {Threei} see if it does it again
[09:31] {Threei} feels like new low
[09:31] {Threei} not likely to hold the low of first drop
[09:31] {Threei} don't rush in
[09:32] {Threei} here is new low
[09:32] {Threei} a bit too hectic here
[09:32] {magoo} i cant help myself he he
[09:32] {Threei} lol
[09:32] {Threei} sheesh
[09:32] {nemo} scorpion and the frog
[09:34] {nemo} where you in mags?
[09:34] {magoo} not
[09:34] {nemo} good thing I was sitting down
[09:34] {Threei} new low is coming IMO
[09:35] {magoo} RIMM hit
[09:39] {Threei} Long Setup: HIG .80 break if stays above .70
[09:39] {nemo} sigh
[09:39] {Threei} invalidatedx
[09:39] {nemo} thank god you didn't spell it correctly
[09:40] {Threei} save it for later please
[09:40] {nemo} k
[09:40] {Threei} Long Setup: HIG .60 break if stays above .50
[09:41] {magoo} in
[09:41] {Threei} Preview: Oct ISM Non-Manufacturing Composite due out at 10amET
[09:41] {Threei} **consensus expectation: 51.5e v 50.9 prior (most estimates range between 49 and 54)
[09:41] {Threei} - the Sept reading of 50.9 was the highest reading since May 2008, and the first time above 50 since Aug 2008
[09:42] {fernp} ty Vad
[09:42] {magoo} long AMZN .77
[09:42] {Threei} welcome
[09:43] {magoo} AIG animal
[09:43] {strider} out +.11
[09:43] {fernp} WFC falling hard
[09:43] {Les} hgsi pushing through yesterdays close
[09:44] {Les} and failing and dropping very hard
[09:45] {magoo} futes killed all
[09:47] {strider} hmin
[09:47] {dino} watching it
[09:47] {dino} mxwl, hsic, trlg too
[09:51] {strider} hgsi
[09:51] {Threei} HIG
[09:51] {Threei} becoming interesting for better bounce
[09:51] {strider} news hgsi?
[09:51] {Threei} no
[09:52] {strider} thxzx
[09:52] {Threei} Long Setup: HIG 26 break
[09:52] {Threei} if stays above .85
[09:53] {Threei} not a scalp for me, want to partial and try for 1:2
[09:53] {Threei} 1:1
[09:53] {strider} out +.10
[09:53] {dino} mxwl sm l .66
[09:54] {fernp} ty very much double lot here
[09:54] {Threei} yw yw
[09:54] {Threei} 1:2, 1/4 more out or full out, your choice
[09:56] {Threei} 1:3, full out
[09:56] {fernp} gj
[09:56] {magoo} AIG complete xmas tree
[09:56] {Threei} rofl
[09:56] {Threei} xmas tree setup
[09:56] {nemo} or turkey?
[09:59] {strider} stec spike
[10:00] {Threei} OCT ISM NON-MANUFACTURING COMPOSITE: 50.6 V 51.5E
[10:02] {nemo} should quiet things a bit
[10:02] {magoo} yea..quiet there
[10:02] {magoo} FUTES
[10:03] {Threei} yeah, that's quiet
[10:03] {Threei} lol
[10:03] {magoo} vad..we getting very n-sync of late
[10:03] {nemo} wfc
[10:03] {nemo} oops wrong window
[10:04] {nemo} so numbers come in below expecations and we get a spike
[10:05] {Threei} my feeling is, it's not about any numbers today,
[10:05] {Threei} it's about language in FOMC decision
[10:05] {Threei} either they stay with "keeping rates low for extended period of time"
[10:06] {dino} ash sm l .52
[10:06] {nemo} so market thinks, so far anyway, Fed not pulling the punch bowl for the big banks?
[10:06] {Threei} or they say "may start hiking rates sooner than expected" - and market drops like there is no tomorrow
[10:06] {dino} cedc jumpy
[10:07] {Threei} HIG was worth third trade eh
[10:07] {Threei} .50 break
[10:07] {Threei} I guess I just wasn't too jazzed about going to the sxame well one too many times, lol
[10:08] {strider} data problems this morning, laser
[10:08] {strider} & charts
[10:08] {nemo} yeah I'm still having quote freezes
[10:09] {magoo} me too
[10:09] {nemo} last few days been having problems
[10:10] {magoo} very bad this week
[10:11] {dino} ok today, mon. tues. had problems
[10:12] {dino} stec getting interesting
[10:12] {nemo} yeah they locked up on me on that last call by Vad T&S said one thing, LII something else, and LI something else again
[10:13] {nemo} as a matter of fact, LII and LI frozen right now
[10:13] {dino} ethiopia's nat/l bank paid millions for "gold plated bars"
[10:13] {fernp} everything fine here
[10:13] {nemo} you laser fern?
[10:13] {fernp} yes
[10:14] {strider} east coast routing problem?
[10:14] {magoo} must be
[10:14] {magoo} im stuck here
[10:14] {nemo} dunno? dcc'd lasertrev, but he hasn't replied
[10:15] {Threei} fine here
[10:15] {lasertrev} gotcha nemo
[10:15] {strider} left coast guy
[10:15] {magoo} sticky quotes here too trev all week, im east coast pewnnsy
[10:16] {nemo} there closer to that fundo thing
[10:17] {lasertrev} it has been freezing up a little once in a while
[10:17] {lasertrev} i will investigate
[10:17] {lasertrev} will let you know
[10:17] {magoo} east coasrt should have best feed..closest, but not so it seems
[10:17] {nemo} communist plot
[10:17] {strider} anyone have ipaddress for laser?
[10:18] {strider} can ping it.
[10:18] {Threei} sometimes internet weather is not a straightforward logic, mags
[10:18] {nemo} there are a series of network tests you can do at pcpitstop.com
[10:20] {fernp} you should try to disable your antivirus when you are running laser
[10:20] {fernp} I have noticed a marked improvement receiving data since I did that
[10:21] {strider} which antivirus are you using?
[10:21] {fernp} NOD32
[10:21] {Les} u still keep a firewall going don't you fern?
[10:21] {strider} that's informative:)
[10:21] {nemo} that's really dangerous fern
[10:21] {fernp} yes my firewall is active
[10:22] {nemo} doesn't matter
[10:22] {nemo} You running Unix
[10:22] {fernp} Linux
[10:23] {fernp} and some winxp in virtual machines
[10:23] {nemo} well, that's understandable then...not a good idea for us Windows based people to shut off virus software
[10:23] {nemo} how many monitors you running fern?
[10:24] {fernp} five
[10:25] {dino} stec sm l .20
[10:26] {Threei} CTDC... what's up
[10:26] {dino} fern, you are an animal, :)
[10:27] {Threei} or politically speaking, what up
[10:29] {Threei} hmm
[10:29] {gnslng} dino, if i may ask did you do small lot only for the reson of risk control?
[10:29] {Threei} dino, I am no specialist in botany, but I am pretty sure fern is a plant {G}
[10:30] {Threei} *DOE CRUDE: -3.9M V +1.5ME
[10:30] {Threei} GASOLINE: -290K V +500KE; DISTILLATE: -380K V -500KE
[10:30] {fernp} sorry dino, yes I am animal with two eyes
[10:30] {dino} gn, yes, because i tend to trade big drops big pops, entries are harder to place
[10:31] {gnslng} ty
[10:31] {dino} my sm = 300 to 400 shares
[10:31] {lasertrev} laser, most users are not having quote issues, but they are looking into it
[10:31] {strider} hgsi c&h forming
[10:32] {strider} oncea again, damn lvl 2 is stuck
[10:32] {Threei} just switch the server
[10:32] {strider} I do.
[10:33] {magoo} they all stick vad
[10:34] {magoo} i switched thru all 20
[10:34] {Threei} someothing on your coast sounds like... they are all good here
[10:34] {strider} we need to raise taxes
[10:35] {dino} obama plot to stop evil speculators
06[10:35] * nemo slaps strider around a bit with a large lead pipe impregnated with bubonic plague
[10:36] {strider} I love you too, nemo
[10:36] {nemo} xxxooo
[10:37] {nemo} USL hasn't moved much on those oil numbers
[10:37] {strider} big seller on hgsi
[10:37] {nemo} hig triple bottom
[10:38] {Threei} no
[10:38] {Threei} breakdown
[10:39] {Les} for when u have a couple minutes idle time. Winning photos, Australian weather calender:http://www.telegraph.co.uk/earth/earthpicturegalleries/6501752/Australian-Weather-Calendar-2010.html
[10:39] {dino} scanners red
[10:39] {dino} out ash flat
[10:40] {Les} I love Oz for those colours
[10:40] {dino} fwiw stec stop is .87
[10:42] {dino} grmn sinks
[10:43] {strider} 15.01 is low for stec from last night
[10:44] {Les} USO popped. inventory down Vad?
[10:45] {dino} look ma, yesterday drops 12ish, today 3 pts higher than the drop gap
[10:45] {nemo} but it was stable after the announcement
[10:45] {dino} this maret is scewed up
[10:45] {nemo} huh?
[10:45] {Threei} scroll up Les
[10:45] {Threei} I posted 15 min ago
[10:45] {dino} shoot first ask q's later
[10:46] {Les} my bad
[10:49] {nemo} rimm below .80 would be good for .40
[10:53] {fernp} LVS trying to break 15.70 and MGM on lows
[10:57] {strider} cover stec short +.12
[10:58] {dino} stec stopped
[11:06] {strider} hig short?
[11:07] {Threei} not sure
[11:08] {nemo} rimm vad
[11:08] {Threei} ?
[11:09] {nemo} too late I should have said rimm read vad
[11:15] {gnslng} .
[11:15] {dino} markets frozen
[11:15] {nemo} yeah, waiting on the FOMC
[11:20] {dino} out mxwl, .08, +.42
[11:20] {nemo} aig, what a tease
[11:20] {strider} wtg, dino
[11:22] {dino} grmn sm l .70
[11:22] {dino} ty
[11:22] {dino} trlg sm l .85
[11:23] {dino} ouch grmn, stopped -.35
[11:23] {strider} :(
[11:24] {Les} wow. Toyoto withdrawing from F1. Subaru withdrawn from WRC. Japanese companies see bad times ahead.
[11:25] {Threei} or just don't see the need to spend money on that
[11:25] {nemo} F1 high end racing though
[11:26] {Threei} self-indulgence more than practically useful advertising venue at this point
[11:27] {Les} really. I thought they took brand advertising in racing more seriously.
[11:27] {Threei} things tend to shrink during tough economic times, and unnecessary fat gets trimmed first
[11:27] {dino} grmn rinsed
[11:27] {fernp} Vad, buy some Qs shares to see if the chart moves a bit
[11:28] {Threei} lol
[11:28] {Threei} thank you for such a strong faith in my market-moving powers
[11:28] {fernp} lol
[11:28] {Threei} HIG
[11:28] {Threei} let;s see if we get double bottom
[11:28] {Threei} dive to .55-.60 area
[11:28] {Threei} for entry with stop under .50
[11:30] {Threei} .60 break long
[11:30] {Threei} stop under .50
[11:30] {Threei} scalp or partial, personal choice
[11:30] {Threei} can't tell anything really
[11:31] {Threei} will do a compromise: partial 2/3
[11:31] {fernp} scalped from .57 to .67 ty Vad
[11:31] {Threei} welcome sir
[11:32] {Threei} 1:1
[11:32] {Threei} 2/3 out
[11:32] {Threei} stop to .54
[11:33] {Threei} 1:2
[11:33] {Threei} out in full
[11:33] {Threei} .83
[11:33] {Threei} that was easy
[11:34] {Les} +.11 paper trades until further notice
[11:34] {Threei} elegant setup, planned in advance and worked like textbook example
[11:35] {fernp} today HIG is really our friend. 4 trades here, 4 winners :)
[11:35] {dino} elegant, hmmmm
[11:35] {dino} stec lod
[11:35] {Threei} too metrosexual term dino?
[11:35] {Threei} HIG is my favorite stock of late fern
[11:36] {nemo} aig jumped my bid
[11:36] {Threei} we have like 8 out of 10 hit rate on it
[11:38] {Threei} four reasons for my relative inactivity
[11:38] {Threei} 1. we have 100% hit rate today so far, and I want to keep it this way so I could ask "can I go home/"
[11:38] {strider} my relatives aren't that active, either.
[11:38] {Threei} 2. market is solid frozen at the moment
[11:38] {Threei} lol strider
[11:39] {Threei} 3. the closer we are to FOMC the less readability in the market
[11:39] {Threei} and
[11:39] {nemo} NUMBER FOUR!!!!
[11:39] {Threei} 4. fern totally has me confused - I have hard time envisioning plant as an animal with two eyes
[11:39] {nemo} shouldn't cogitate such things
[11:40] {Threei} and now nemo makes me reach for dictionary
[11:40] {strider} stec looks pretty sick
[11:40] {nemo} cogito ergo sum...same thing
[11:40] {Threei} doesn't matter.... I see word longer than two syllables, I reach for dictionary... reflex
[11:41] {nemo} but you use that fundibulum thing all the time
[11:41] {strider} Russian doesn't have 2 syllable words , does it? All 10 and 12 syllables.
[11:41] {Threei} chronoclastic infundibulum
[11:41] {nemo} yeah....that
[11:41] {Threei} but that's Kurt Vonnegut's fault
[11:42] {nemo} Ahhh...pick on the dead guy
[11:42] {Threei} why strider... vod-ka
[11:42] {strider} oh, yeah. And 'purple jesus'
[11:42] {Les} ??
[11:42] {strider} southern drink
[11:43] {strider} grape juice and anything alcoholic
[11:43] {strider} really nasty
[11:43] {Les} ok. Was thinking not well chosen marketing idea if the brandname was purple jesus
[11:44] {strider} You could sell it here....if it didn't cost more than 99 cents
[11:44] {Les} over here we call that wine
[11:44] {strider} no. PJ comes from a bottle. Wine comes from a box.
[11:44] {strider} now, hig gets dbl bottom
[11:45] {nemo} lower volume than the last
[11:47] {strider} dio, hsic?
[11:47] {strider} dino
[11:48] {dino} freaking rinses today
[11:49] {Threei} fern, you here?
[11:49] {fernp} yes, and you have been very imprudent. You have pronounced "...sexual" word, being mags near here
[11:49] {Threei} tru... my mistake
[11:49] {fernp} anything can happen
[11:49] {dino} hsic, watching it, but it moved quite a bit off lows imo
[11:50] {strider} true. average range only 1.12
[11:50] {Threei} I just wanted to tell you: if you are having crisis of identity, don't worry about it... nemo can't tell whether he is a lost fish or mad captain of a submarine for years, and it doesn't prevent him from trading
[11:51] {nemo} or the guy that stuck a stick in the cyclops eye
[11:51] {fernp} lol thank you I needed those words
[11:51] {Threei} or that
[11:54] {strider} re: HIG. Vad I'd noticed that you seem to be trading mostly listed these days.
[11:54] {fernp} don't you remenber the email you got from that guy who claimed, we are not real traders because we are kidding all time?
[11:55] {fernp} I think he was right :-)
[11:55] {Threei} lol
[11:56] {Threei} strider, there is a very thin, almost non-existent line between OTC and listeds these days
[11:56] {Threei} ever since ECNs were introduced on NYSE and AMEX, this line became fuzzy,
[11:57] {Threei} and they progresessed to almost similar trading
[11:57] {dino} that grmn is trading a buck range in minutes
[11:57] {Threei} It was very different when specialists handled most of the trading on listed stocks
[11:57] {Threei} and about what we tade at this moment, well,
[11:58] {Threei} NASDAQ and listeds are different in sectors represenattion,
[11:58] {Threei} we go more toward NASDASQ trading when techs start getting active
[11:58] {Threei} remember calls on JNPR for instance?
[11:58] {strider} yeah
[11:59] {Threei} and when it's financials that are most active, we are NYSE-bound almost by definition
[12:00] {dino} red scanners
[12:03] {strider} Even when charts aren't freezing, there often seems to be a slight lag betw. t&S and chart update. Anyone else notice that?
[12:03] {magoo} mine froze just then
[12:03] {magoo} TERRIBLE
[12:04] {Threei} really something on your coast guys.. ruunning smoothly here
[12:04] {magoo} almost unusable at this point
[12:04] {strider} They've got 20 quote servers and only 5 chart servers.
[12:05] {fernp} I think T/S is always more reliable than chart and Level2
[12:06] {Threei} yes fern
[12:07] {nemo} yeah, there's gonna' be a chart lag
[12:07] {dino} hsic strider, lets see if it holds .00
[12:09] {strider} almost shorted that sucker at .75
[12:10] {dino} sorry, thought you were going long at .75
[12:10] {dino} feels long to me here
[12:10] {strider} un-uh/
[12:12] {strider} it's still 1.50 off the lows. I'm not going to risk a long play hhere.
[12:14] {strider} was a CC at 10AM/ Vad, you got any news on hsic?
[12:15] {Threei} not since earnings at 7
[12:15] {strider} thanks.
[12:15] {dino} earnings
[12:16] {dino} lowered guidance
[12:16] {Threei} LVS seling picks up
[12:17] {Threei} not ready for bounce yet
[12:23] {dino} pru lod
[12:28] {Les} hgsi @ 27?
[12:28] {dino} pru l sm .50
[12:28] {Threei} why?
[12:28] {dino} .51
[12:29] {nemo} what why?
[12:30] {Threei} [12:28] {Les} hgsi @ 27?
[12:30] {nemo} oh..thought you referring to dino
[12:30] {dino} who what
[12:30] {Threei} lol
[12:30] {dino} 3i has me on ignore
[12:31] {Threei} it's on and off dino, depending on how I feel about T-rexes and stegosauruses on a particular day
[12:31] {Les} ok, me. 27, round number, good for a bounce? MACDh coming off bottom and heading to zero.
[12:32] {Threei} I don't trade like this Les
[12:32] {Threei} I need a setup
[12:32] {strider} hsic looking more like a short, eh dino?
[12:32] {Threei} whole number is just something to watch for but not a setup in and off itself
[12:33] {dino} dk strider, holding well, it to market imo
[12:33] {Threei} and MACD... I wouldn't know, I don't watch it all :)
[12:33] {strider} you want extra cheese with that?
[12:33] {nemo} hgsi double bottom, would need break of .05 with stop of .95 and increasing volume
[12:33] {dino} but who knows, your guess as good (or better) than mine
[12:33] {Les} 27 is earlier zone of horizantal consolidation, yeh I know u don't watch it
[12:34] {dino} grmn feels like re-test in making
[12:34] {strider} do you play shorts/?
[12:34] {nemo} don't wear shorts
[12:34] {dino} yes
[12:34] {Les} ok, so lack of vol. not helping out...
[12:34] {strider} just didn't remember.
[12:36] {dino} more longs last few day, mkt down 7% fast. odds, imo
[12:36] {dino} grmn sm l .50
[12:36] {dino} we get around 10,100; 1090 shorting more
[12:41] {Les} there's yer volume in HGSI
[12:41] {nemo} see that volume increas on break of .05, that would have been it
[12:42] {Les} yeh there is definate pattern to that. that's what i came here to learn
[12:44] {fernp} PRU on lows, will it break lod?
[12:44] {Threei} Long Setup: LVS .05 if stays above 15
[12:45] {nemo} big stop
[12:46] {Threei} no read on PRU
[12:46] {fernp} ok
[12:46] {nemo} in by the way
[12:46] {strider} in
[12:48] {Threei} no go
[12:48] {fernp} no go
[12:49] {Threei} US Senate passes procedural vote on extension of homebuyer credit and jobless benefits; final vote due later today
[12:53] {strider} more downside to FITB?
[12:53] {Threei} we are too close to FOMC now
[12:53] {strider} k
[12:53] {Threei} stay away from stocks that are likely to be affected by announcement
[12:54] {Les} Im in total ignorance Vad
[12:54] {Les} what is FOMC?
[12:54] {Threei} Fed rate decision today
[12:54] {nemo} Federal Open Market Committee
[12:54] {Threei} 2;15
[12:54] {Les} ah, to increase or not to increase, that is the question is it?
[12:55] {Threei} while rates themseves will stay put, language about future policy is a major concern
[12:55] {magoo} fellow obama meathead comrades
[12:55] {nemo} who?
[12:55] {Threei} rofl
[12:55] {nemo} nice mags
[12:55] {Les} lol well done
[12:56] {Threei} couple days ago when one of meatheads said they may "change language", which was perceived as hint of rate hikes coming sooner than expected, market dropped like stone
[12:57] {dino} missed hsic
[12:57] {nemo} wonder if that was purposely run up the flagpole to adjust the language for today?
[12:58] {Threei} you just can't let any conspiracy pass by, can you
[12:58] {nemo} that would be prudent
[12:58] {nemo} probing market reactions
[12:58] {nemo} I wouldn't call that a conspiracy
[12:58] {Threei} what to probe
[12:59] {nemo} market reaction to language change
[12:59] {Threei} I can tell you market reaction on such announcement without any probing
[12:59] {Threei} do you think Ben can't?
[12:59] {nemo} Nobody is Darth Vad
[13:00] {Threei} here, let me go out on a limb:
[13:01] {strider} Crash!
[13:01] {Threei} if they say they start tightening in Q1 2010, market will be lucky to finish today -300
[13:01] {Threei} -500 most likely
[13:02] {Threei} buy all FAZ and QID you can
[13:02] {nemo} if not +300 +500 most likely
[13:02] {Threei} faint for two hours
[13:02] {Threei} come out of it stinkin rich
[13:02] {Threei} nope, that part is wrong
[13:03] {Threei} no +500 today in any case
[13:03] {Threei} and +300 is very unlikely
[13:04] {magoo} so odds favor down then, because in both scenarios..1 gets u 500 pts and other not even close
[13:05] {Threei} that's my bias
[13:05] {Threei} and remember, first minutes after annoucement are extremely volatile
[13:06] {Threei} especially you guys at east coast, be double careful
[13:07] {Threei} BCRX Ticks higher on renewed takeover speculation (9.68, +0.37, 3.97%)
[13:07] {Threei} long time no see
[13:07] {nemo} at least 3 weeks
[13:10] {strider} anyone here tried Fly on the WAll?
[13:10] {Threei} TTN is better
[13:10] {magoo} yea..guarenteed system will freeze on announcemt
[13:11] {nemo} good point
06[13:11] * nemo slaps lasertrev around a bit with a large trout
[13:11] {strider} what will freeze? FOTW or TTN?
[13:11] {nemo} laser
[13:12] {magoo} system
[13:12] {strider} Do you have the audio feed, Vad?
[13:12] {Threei} yes but I rarely use it
[13:12] {strider} That would drive me nuts.
[13:12] {Threei} yeah, a bit annoying
[13:13] {nemo} who says you aren't already there Strider?
[13:13] {Threei} but if you want the sppediest spped of all speeds possible...
[13:13] {strider} like nemo?
[13:13] {nemo} eqkzaktly
[13:14] {strider} I probably don't need to pay for the very best. Just need something better than Yahoo Financial.
[13:14] {nemo} the suspense...
[13:14] {nemo} try finviz.com
[13:14] {Threei} ok, for later arrivals and to relax your tense muscles, again: newest and prettiest autumn colors at http://www.realitytrader.com/photography/
[13:14] {nemo} back to the opposable thumb thing?
[13:15] {Threei} pushing it, nemo...
[13:15] {Threei} but it's iteresting to see which of jokes got your most attention
06[13:15] * nemo crawls in cave...closes door...grabs pacifier...pulls blanket over head
[13:16] {nemo} I use padded tweezers
[13:16] {strider} re: finviz. Yeah this is just what I want. first news item listed: Sinatra Hometown Hoboken Elects Zimmer as First Female Mayor
[13:16] {Threei} lol
06[13:17] * strider slaps nemo around a bit with a large trout
[13:17] {fernp} BCRX rocketing
[13:18] {Threei} no new news
[13:20] {Threei} Preview: FOMC rate decision and statement due around 2:15pmET
[13:20] {Threei} Though several central banks worldwide have started to raise their rates, forecasters unanimously expect the FOMC to continue to hold its rate at 0.25% today. The debate amongst analysts focuses on how and to what extent the FOMC statement today will be modified. Some analysts believe the Fed is eager to show its intention present exit strategies in the near term, while others argue against such a move today.
[13:21] {Threei} Most of the talk has been centered on the "extended period" language in the policy statement. Many analysts are looking for some tweak of that statement as a signal that the FOMC is getting serious about its exit strategy, even if it has no intention of raising rates any time soon. Other posit that the FOMC will take a more cautious approach today, given the bad reaction markets had to the recent confirmation that Fed has been testing reverse repo operations for the last several months.
[13:21] {nemo} yeah...conspiracy...
[13:22] {magoo} quote freeze now..u nemo?
[13:22] {nemo} no
[13:22] {strider} not me.
[13:22] {Threei} fine here...
[13:22] {magoo} grrrrrrrrrrrr
[13:23] {dino} you know, it's a ridiculous to worry about the wording. they are not raising rates for a very long time
[13:23] {nemo} I'm only concerned with the market reaction, not the wording
[13:24] {dino} the banks can't handle it, nore can employers, the debtors, and the unemployed
[13:24] {Les} I dunno Vad. Do they have any vestige of pride in US monetary policy? US is joke of the world now. Do they keep playing the dunce or start to seriously address issue?
[13:24] {nemo} Dunce
[13:24] {Les} talking rate rise at some point in future
[13:25] {Threei} you know,
[13:25] {Les} I'd like to think they'll talk about it...
[13:25] {magoo} doesnt matter dino..nemo correct{cant bbelieve i said that} all matters is mkt reaction and its 100% gonna be based off wording
[13:25] {Threei} I don't believe the world fares that much better that it could hold US as a joke
[13:25] {Les} i know i know its mkt reaction but....
[13:25] {nemo} hurts, huh Mags
[13:25] {dino} the only way out is through inflation les, we know it, but to raise too soon will have reverse effect, deflation which will bankrupt the entire system. so steady we go for 6-10 months
[13:26] {nemo} yeah, especially with Commercial Real Estate fiasco coming
[13:26] {Threei} I mean, show me who is so wise and strong that they could be prud of their achievets and belittle USA?
[13:26] {Threei} UK?
[13:26] {Threei} Freance?
[13:26] {Threei} Russia?
[13:27] {magoo} canada he he
[13:27] {dino} deflation will shut it all down, so rate increases not an option, yet
[13:27] {Threei} who avoided getting involved in whole finacial debacle?
[13:27] {dino} nobody
[13:27] {dino} we actually sold the junk to them, lol
[13:28] {Threei} so why don't they all stop playing suprior and shut the f up
[13:28] {nemo} mmmhhh...may be worth janitorial attention
[13:28] {Threei} I just hate this whiff of superiority
[13:28] {dino} who cares what "talking heads say" just watch the bond market
[13:29] {Threei} coming from those who try to sdell their impotence as a virtue
[13:29] {dino} i think there's a pill for that
[13:29] {Threei} lol
[13:31] {Threei} BCRX, wth
[13:31] {strider} tbsi dbl bottom dino.
[13:33] {dino} es is better w/the shippers, i defer to him
[13:36] {Les} nah nah nah Vad it's more now. Wall St are getting perks at taxpayers expense like no other financial industry group on earth. This is what the joke is
[13:36] {Les} sure, we were all stupid enough to load up on bad debt
[13:37] {Threei} I was answswering the "US becoming a joke" part... don't change the subject on me :)
[13:37] {Les} BUT thats what the joke is!
[13:38] {Les} no banks being nationalised yet. it'll happen, but not the way politicians and wall st want it to
[13:39] {Threei} whatever... if Canada takes over the world, I'll be just a part new empire... not first time for me, lol
[13:39] {Les} BCRX might perk up in a moment
[13:39] {Threei} part of
[13:39] {Les} :)
[13:40] {dino} les, bac and c are pretty much nationalized, as is gm
[13:40] {strider} For any other new users of Laser out there: I recommend the Lvl II advanced mouse style over the regular mouse style. price scrolling button is way too close to the sell button. Don't ask me how I know.
[13:42] {Threei} hmmm
[13:42] {fernp} lol
[13:42] {Threei} my price scrolling arrow is near Cancel button
[13:42] {Threei} not sell
[13:43] {fernp} above Cancel button
[13:43] {strider} Yeah. The volume scroll button. sorry.
[13:43] {strider} Was doing it from memory.
[13:44] {strider} Same difference.
[13:49] {strider} Laser: Does fast sell function also work in short positions? i.e., fast buy?
[13:49] {Threei} no
[13:49] {fernp} no
[13:50] {Threei} your buy orser will go through but old onbe won't be canceled
[13:50] {Threei} so make sure you kill it
[13:50] {strider} yeah
[13:58] {strider} nemo, Brett Steenbarger mentions FinViz in his blog today.
[13:59] {nemo} Who do you think he got the idea from?
06[13:59] * strider slaps strider around a bit with a large trout
[13:59] {nemo} try a lead pipe
[13:59] {strider} you won't let me have one.
[13:59] {nemo} ask magoo
[14:00] {strider} Nah. Then he'd have to tell me how to install it. He can't be bothered with that nonsense.
[14:00] {Threei} 15 minutes till FOMC
[14:00] {nemo} send email address
[14:02] {dino} ok, down to flat or slightly neg., then up to hod, then down into close, close +30 dji
[14:02] {strider} see pm nemo
[14:06] {nemo} got any dramamine dino?
[14:07] {dino} nah, not real concerned.
[14:07] {dino} by tomorrow it won't matter
[14:07] {nemo} 2012, nothing matters hehehehe
[14:08] {cosmo} ... until it passes
[14:08] {nemo} kidney stone cosmo?
[14:09] {cosmo} in a way
[14:10] {dino} out grmn .92, +.42
[14:10] {Threei} wtg
[14:11] {dino} ty
[14:11] {dino} out pru .88, +.38
[14:11] {dino} opps, .37
[14:13] {dino} watch 2:35ish for market change after initial move imo
[14:13] {Threei} 2 min
[14:14] {KSystems} *drumroll*
[14:14] {dino} lunch was late last mtg
[14:15] {Threei} Market Internals update at 2:00pmET
[14:15] {Threei} - NYSE volume 670M shares, about 2% below its three-month average; advancers lead decliners by 1.7:1.
[14:15] {Threei} - NASDAQ volume 1.29B shares, about 10% below its three-month average; advancers and decliners are about even.
[14:15] {Threei} - VIX index -4.75% to just under 27.50
[14:17] {nemo} took .30 on aig
[14:17] {nemo} .20
[14:17] {nemo} sorry
[14:17] {strider} .10
[14:18] {Threei} where are they?
[14:18] {Les} nerve wracking watching FAZ for big move...
[14:18] {nemo} now...aig at 37 went to 37.30 from .80
[14:18] {strider} I was just futzing with nemo. not in.
[14:18] {nemo} I was
[14:19] {Threei} FOMC HOLDS RATES AT 0.25%; REITERATES RATES TO STAY EXCEPTIONALLY LOW FOR "EXTENDED PERIOD"
[14:19] {nemo} wow fcx just jupe .80
[14:19] {Threei} up
[14:19] {nemo} quotes frozen
[14:19] {Threei} down now
[14:20] {Threei} even downer
[14:21] {lasertrev} quotes working?
[14:21] {nemo} LII frozen
[14:21] {Threei} ok here
[14:21] {strider} ok here
[14:21] {fernp} fine here
[14:21] {nemo} server 4 and 6 froze
[14:22] {dino} ok here
[14:22] {strider} I"m on 15
[14:22] {lasertrev} 10 works good
[14:22] {nemo} that's what I switched too
[14:23] {Threei} Vote was unanimous (10-0)
[14:23] {Threei} - household spending seems to be expanding
[14:23] {lasertrev} good now nemo?
[14:23] {dino} grmn dropped
[14:23] {nemo} so far
[14:26] {Threei} Economic activity "has continued to pick up"; businesses still cutting back on fixed investment
[14:27] {Threei} FOMC Cuts agency debt program to 'about' $175B from $200B
[14:27] {dino} grmn lod
[14:29] {fernp} FAS is not happy
[14:29] {Threei} told ya, down in any case
[14:30] {Threei} faz rocket
[14:30] {Threei} AIG like stone
[14:31] {Les} I got burnt trying to play the shake up. Ouch, it hurt! I guess no one round here plays this sort of movement
[14:31] {dino} grmn sm l .25
[14:32] {dino} cedc sm l .15
[14:32] {Threei} [13:05] {Threei} and remember, first minutes after annoucement are extremely volatile
[14:32] {Les} :P
[14:32] {Les} paper money
[14:33] {Threei} if you play paper moner recklessly, what's the point?
[14:33] {Threei} paper trading is intended to test real methiods that you intend to apply with real money
[14:33] {Les} Thought I could buck the system
06[14:33] * nemo slaps Les around a bit with a large trout
[14:34] {dino} if you learned you can't gj
[14:34] {Threei} now, what is the worst thing that hasppens when you do this with paper money?
[14:34] {Les} yes now I have to be additionally patient in awaiting your setups
[14:34] {Les} bad technique/habits
[14:34] {Les} but FAZ looked so juicy...
[14:36] {Les} who or what is doing this? computers, retail investors, institutional?
[14:36] {nemo} don't think about it Les, just trade
[14:37] {dino} "they" are
[14:37] {nemo} yeah...leave the paranoid conspiracies to me
[14:38] {Les} lesson learnt...
[14:38] {dino} grmn stopped -.35
[14:39] {Threei} les... 1. not a single layer is doing it, it's conglomerate of market participants
[14:39] {Threei} and 2. what difference does it make?
[14:39] {Threei} as in: if there is a way to find an answer to that, how does it help your trade?
[14:40] {dino} i think it's john galt
06[14:40] * nemo slaps dino around a bit with a large copy of Atlas Shrugged
[14:40] {dino} lol
[14:41] {cosmo} its our collective, global mind.....its currupted
[14:41] {cosmo} corrupted?
[14:41] {Threei} gues who is on TV
[14:41] {dino} woke you up
[14:41] {nemo} Gina Lolabrigida
[14:41] {Threei} nice spelling
[14:42] {nemo} have no idea
[14:42] {cosmo} DRIV
[14:42] {cosmo} hod
[14:42] {cosmo} 25
[14:43] {cosmo} testing
[14:43] {magoo} frozen lev2
[14:43] {strider} TRY SERVER 15
[14:48] {Les} and... who is on TV?
06[14:49] * nemo slaps Les around a bit with a large copy of TVGuide
[14:49] {Threei} these europians are so innocent :)
[14:49] {fernp} lol
[14:49] {nemo} nice euphemism
[14:49] {Les} oh this is running joke is it...
[14:49] {nemo} back of the bus Les
[14:49] {Threei} who in your mind is the biggest star on US TV, Les? :)
[14:50] {Threei} daily appearanaces,
[14:50] {Threei} most days a few times
[14:50] {fernp} O _ A _ A
[14:50] {nemo} nice fern
[14:50] {Les} ahhh, its not dave letterman today
[14:50] {Les} I dont have tv
[14:50] {nemo} crissakes you don't even have to buy a vowel
[14:51] {Les} lol I dunno Oprah?
[14:51] {Les} :P
[14:51] {cosmo} hmm...close
[14:51] {Les} Opraha
[14:52] {cosmo} closer
[14:52] {Threei} lol
[14:52] {fernp} lol
[14:53] {fernp} this is cruel, im sure Lsrisa is not here
[14:53] {Threei} thank goodness
[14:53] {fernp} lol
[14:54] {Threei} looks like down from here
[14:55] {Les} I didn't realise, all the times I read this joke you were referring to your televangalist leader
[14:55] {Threei} yeah... now you know how often he is on TV
[14:55] {Threei} Long Setup: FAZ .70 break
[14:55] {Threei} if stays above .60
[14:56] {Threei} 1:1
[14:57] {fernp} ty ty
[14:57] {Threei} yw yw
[14:57] {strider} out +.10
[14:57] {strider} thanks vad.
[14:57] {Threei} sure thing
[14:58] {Threei} that's how we do it les... wait out period of unreadable volatility, let setup shape up, trade real trigger with controllable risk
[14:58] {nemo} oh, so when I went on aig momo...bad
[14:58] {Threei} and leave gambling to suckers
[14:58] {Threei} why
06[14:58] * nemo {---sucker
[14:58] {Threei} if you can read it or have feel for it, fine
06[14:59] * nemo {--not sucker?
[14:59] {Threei} but don't let me disabuse you of this last belief of yours {G}
[14:59] {nemo} I'm sure you'll never...never....EVER...let me forget
[14:59] {Threei} trust your instincts
[14:59] {Threei} you CAN count on me
[14:59] {strider} {-------slaps nemo around with a large sucker.
[14:59] {Threei} delivering max pain possible
[15:00] {Threei} and selling it as umm
[15:00] {nemo} all's right with the world (except that strider dude)
[15:00] {Threei} as our leader called it
[15:00] {Threei} teachable moment
[15:00] {Les} thanks. its not easy money, it's slow, but I picked up another .9 instead of losing I won't say how much...
[15:01] {nemo} another faz set up break of .80
[15:01] {Threei} what do you mean slow
[15:01] {Threei} whole pay took what, 1 min?
[15:01] {Les} days like today.... slow
[15:01] {Threei} oh
[15:01] {Les} its not like this all the time is it
[15:01] {Threei} yeah well
[15:01] {patience} good day for gold plays though Les
[15:02] {nemo} ya know patience, you could pipe up about that once in a while...please :)
[15:02] {Threei} if someone wants to play all the time, being in the maerket every free minute, I'll advice something other than our room
[15:02] {Threei} psych ward maybe
[15:02] {nemo} psst...this is an asylum
[15:03] {Threei} 1;2
[15:03] {strider} Les, depends on whether you want to make money or just play a computer game.....from someone who knows.
[15:03] {Threei} it is nemo but we don't call it that
[15:03] {Les} ouch. I've been watching since 12pm European time. That make me a loser? Should I rehook up the TV again?
[15:04] {Threei} OK, I have to ask... ilana, you do it on purpose?? :)
[15:04] {strider} Les. I was just commenting on your observation that things were slow.
[15:04] {strider} Not meant as an offense.
[15:04] {Threei} you disconnected a couple minutes before the call, and connected back after we took profit
[15:05] {Les} no offence strider. I was having a go at Vad.
[15:05] {ilana} lol. no
[15:05] {Threei} strider... you make a comment and don't want to offend??
[15:05] {Les} I want to play all the time :)
[15:05] {strider} so solly.
[15:05] {Threei} what's up with that??
[15:05] {strider} Mother, is that you?
[15:05] {nemo} Yeah...offensive
[15:05] {patience} nemo, i tend to pick strong momo stocks in commodity sectors...watch them, rotate through them, scalp them
[15:06] {Threei} people who don't want to offend are not welcome here, sorry to say... he who wants to be the worthy member of this room must be able to offend and take offense
[15:06] {Threei} ilana... just pity that you miss profitable calls
[15:06] {fernp} 12pm Les? Where are you located?
[15:06] {strider} yeah, well, ok....your momma!
[15:06] {nemo} Switzerland
[15:06] {Les} Switzerland. Bern Paris time
[15:06] {Threei} we had 4 wins out of 5 calls today, and you managed to nbe in the room for that one single loss!
[15:07] {nemo} ahhh,,,that's it!!!
[15:07] {ilana} np, vad. What offend?? not a all
[15:07] {fernp} paris, madrid same time. GMT+1
[15:07] {ilana} thanks for asking, though
[15:07] {Threei} no, offensd part was aimed at strider :)
[15:07] {ilana} oh
[15:07] {nemo} Ilana, where are you?
[15:08] {Threei} I tend to offend men mostly
[15:08] {Les} fern where are you?
[15:08] {fernp} Sevilla. Spain
[15:08] {strider} Or whoever else is in the room, so I've heard.
[15:08] {nemo} nice
[15:08] {ilana} canada
[15:08] {nemo} another rusky canucky
[15:08] {ilana} capital of mosquitos
[15:08] {nemo} just like Siberia
[15:09] {Threei} aka armpit of Canada...
[15:09] {strider} Maine is the true capital of mosquitoes.
[15:09] {ilana} same weather
[15:09] {nemo} no seeums
[15:09] {strider} true.
[15:09] {fernp} at "our" 12pm this room is closed
[15:09] {Les} true. watching premarket. AIB would have been a nice gain before opening
[15:10] {Les} Saw Bill's comment about rigged Irish bank equity, decided to watch
[15:10] {Les} bank stocks
[15:10] {patience} fern, my partner's children honeymooned in Sevilla...he says it is beautiful
[15:11] {strider} NTES just keeps on ticking..
[15:12] {Threei} Goldman Sachs Chief US Economist Hatzius: monetary tightening unlikely until the end of 2010 - CNBC
[15:12] {fernp} in europe the big news today have been "GM doesn't sell OPEL to MAGNA"
[15:12] {nemo} frickin' brilliant
[15:12] {Threei} today?
[15:12] {fernp} yup
[15:12] {Threei} what are you guys live on yesterday's calendar?
[15:12] {Threei} it was on US wires yesterday :)
[15:12] {Les} Vad, what did you see in FAZ call? I see small ascending wedge...
[15:13] {fernp} double top on FAS?
[15:13] {Threei} that was it les, with a few little moves consolidating right under .70, with .60 established as a strong support
[15:14] {Threei} I don't see it fern
[15:14] {fernp} no, that's what i saw in FAZ
[15:14] {Threei} I think we are going to sell off
[15:14] {Threei} and I rarely think
[15:15] {strider} now you tell us.
[15:15] {Threei} headaches, premature baldness, you know...
[15:15] {Threei} why now? look at the room topic
[15:15] {strider} premature????
[15:15] {strider} When does your family mature?
[15:16] {strider} (just trying to fit in, you know.)
[15:16] {Threei} doing it wrong
[15:16] {Threei} take aim at nemo
[15:16] {strider} damn
[15:16] {Threei} at magoo if you feel lucky
[15:16] {strider} nemo, you're mama buys STEC
[15:17] {nemo} my mother is dead strider
[15:17] {Threei} take a look at FAZ chart
06[15:17] * strider slaps nemo around a bit with a large trout
06[15:17] * strider slaps strider around a bit with a large trout
[15:17] {Threei} does it look to you like uptrend slowly establishing?
[15:17] {strider} what period chart?
[15:18] {Threei} 1 min
[15:18] {nemo} 1 minute
[15:18] {strider} no
[15:18] {strider} lower high
[15:18] {Threei} counting from which high?
[15:19] {strider} 3:13
[15:19] {strider} or about 2:30
[15:19] {strider} for all day
[15:19] {Threei} nah, 2:30 is largely irrelevant
[15:19] {strider} methought
[15:20] {Threei} hysteric spike on extreme volatility after FOMC
[15:20] {Threei} 3:13 is legit
[15:20] {Threei} whether it's a top or we just form bull flag, remains to be seen
[15:20] {Threei} my bet it, bull flag
[15:20] {Threei} and move to new high
[15:20] {Les} we attack?
[15:20] {Threei} I just can't find good entry so far
[15:20] {fernp} could be a bullish Triangle
[15:21] {fernp} ooops
[15:21] {Threei} but watching
[15:21] {Threei} (US) House approves bill that moves up the effective date of new credit card rules
[15:21] {nemo} after the $#((@$&^@) horses are already out of the barn!!!
[15:21] {strider} Still got a few sleazebags that haven't upped their rates yet.
[15:22] {nemo} Hope they move up Universal Default
[15:23] {nemo} gotta' go...might be late tomorrow..gonna' try and whack Bambi's parents
[15:23] {Threei} cruel
[15:23] {Threei} take care nemo
[15:23] {nemo} tasty
[15:23] {strider} b**tard
[15:23] {Threei} tasy beats cruel every time
[15:24] {dino} gl nemo
[15:24] {nemo} you eat meat strider?
[15:24] {strider} sure. And I've hunted also. Just jerking your chain.
[15:24] {nemo} ty...man after my own heart
[15:24] {nemo} gag
[15:24] {Threei} uh oh
[15:24] {Threei} metro again
[15:24] {fernp} bye nemo. What are you doinh still here...
[15:24] {Threei} you be careful strider
[15:25] {strider} really?
[15:25] {Threei} nemo's affection/ I'd be scared to death
[15:25] {strider} Oh, I can fix that...anytime I want. :)
[15:26] {strider} I have "people" who do things for me.
[15:26] {Threei} and judging from my experience on the boat in Nassau, he starts with alcohol
[15:26] {dino} lol
[15:26] {strider} haha
[15:26] {strider} might as well go right to the source of the problem..
[15:26] {Threei} thank goodness cute chinese chick distracted him
[15:26] {strider} sobriety.
[15:26] {Les} sounds like a man after my own heart :D
[15:27] {Threei} market tightens
[15:27] {Threei} BBs tighten
[15:27] {Threei} break and spike is coming... stil no clear indication which way
[15:27] {strider} you still wearing those things?
[15:27] {patience} ok, cutting a third of my gold trades today...gold nearing 1100. selling hgu, abx and kinross
[15:27] {Threei} wtg patience
[15:28] {patience} been a great week, thanks
[15:29] {Threei} okay guys,
[15:29] {cosmo} driv again
[15:30] {cosmo} gets busy here
[15:30] {Threei} this action tells me I am right and down market goes,
[15:30] {dino} gj patience
[15:30] {Threei} no clean FAZ entry,
[15:30] {patience} thanks dino, loaded to the hilt today...makes me nervous
[15:30] {Threei} so, if it does under 22, just grab it with .85 stop
[15:30] {Threei} and let it trade
[15:30] {strider} FAZ long?
[15:30] {Threei} yes
[15:31] {Threei} market down - FAZ up
[15:31] {strider} gotcha
[15:31] {Threei} new high
[15:31] {Les} do we chase?
[15:31] {Threei} crrrrap
[15:31] {Threei} we hate to chase
[15:31] {strider} rewind.
[15:31] {Threei} Market Internals update at 3:30pmET
[15:31] {Threei} - NYSE volume 980M shares, about 11% above its three-month average; advancers lead decliners by 1.9:1.
[15:31] {Threei} - NASDAQ volume 1.79B shares, about 4% below its three-month average; decliners lead advancers by 1.1:1.
[15:31] {Threei} - VIX index -6.25% to just over 27.00
[15:32] {Threei} this is what I hate the most
[15:32] {Threei} being right, getting read and not getting clean entry
[15:32] {Threei} make sure you hear real Russian RRR in the cRRRap
[15:33] {strider} you're going to bruise your pallete.
[15:33] {Les} so gut feeling being right, we can take chances going with slightly higher price? I had finger on button at .04, wasn't sure
[15:35] {Threei} as long as you are fine with risk, and collect some experience about your gut instinct...
[15:35] {Threei} remember that risk control comes first
[15:35] {Les} not my gut instinct, yours.
[15:35] {Threei} profit potential second
[15:37] {Threei} new low is coming
[15:39] {dino} coming close to that +30 close
[15:41] {Threei} shoot me now
[15:41] {Threei} 50 cents play into close
[15:41] {strider} You can go home.
[15:41] {Threei} and I missed it
[15:42] {strider} I'm satisfied with today.
[15:42] {Threei} yeah, th eday was good
[15:42] {Threei} but having ben so confident in dowdraft into close and not exploiting this feel
[15:43] {Threei} 70 cents
[15:43] {fernp} don't worry. We do not chase
[15:43] {Threei} let me reiterate: CRRRAP
[15:43] {Threei} ok, this will help:
[15:43] {Threei} http://www.realitytrader.com/photography/2009/11/more-autumn-colors.html
[15:44] {Threei} ese is not here... patience, confirm for fern, this is real place
[15:44] {Threei} and real colors
[15:44] {Threei} he thinks I created it digitally :)
[15:44] {patience} i have been to this spot every year for 49 years
[15:44] {patience} each season it looks different
[15:45] {fernp} this one http://www.realitytrader.com/photography/uploaded_images/PA313521-copy-797125.jpg is PERFECT
[15:45] {dino} 30s
[15:45] {fernp} I have new wallpaper :-)
[15:46] {Threei} tell me if you want it in high resolution... I'll send it to you :)
[15:46] {Threei} this one is resized for web
[15:46] {Threei} down to +30
[15:46] {gnslng} ty and have a nice evening all
[15:46] {Threei} can we close in red?
[15:47] {Threei} gnsl :)
[15:47] {fernp} Yes I'd like it Vad
[15:47] {Threei} will do
[15:47] {fernp} i like those colors
[15:48] {Threei} first and last
[15:48] {dino} ndx red
[15:48] {Threei} are my favorites
[15:48] {fernp} transmits tranquility
[15:48] {strider} see ya, gnslngr
[15:51] {Threei} 17
[15:52] {dino} s/p red
[15:53] {KSystems} finally looks like mkt decided which way...
[15:53] {KSystems} sheesh
[15:54] {fernp} Good evening everybody. See you all tomorrow.
[15:54] {strider} see ya fern. good night everyone.
[15:54] {Threei} take care fern, strider
[15:54] {KSystems} bye fern
[15:54] {lasertrev} gn fern, strider
[15:55] {dino} right around that +30
[15:56] {dino} tomorrow up 100+
[15:56] {Threei} naaah
[15:56] {dino} take care you guys
[15:56] {Threei} tmorrow we close in red
[15:56] {Threei} deep
[15:57] {lasertrev} gn dino
[15:58] {Les} thanks Vad. Night all. Big move tomorrow? Good, looking to recover my account tomorrow after my stupidity today.
[15:58] {Threei} wait
[15:58] {lasertrev} later les
[15:58] {Threei} you mean paper account and paper stupidity?
[15:58] {Les} even if its funny money
[15:58] {Threei} ok... whew
[15:58] {Threei} I got scared you secretly are doing it with real money
[15:59] {Threei} let me oput it this way:
[15:59] {dino} vad, a beer bet, up 100+ tomorrow's close
[15:59] {Threei} paper stupidity preserves us from real one
[15:59] {Les} no hurry to set up with real money I think. Need to learn discipline first
[15:59] {Les} ciao
[15:59] {Threei} nailed it dino
[15:59] {Threei} +30
[15:59] {Threei} yes
[16:00] {Threei} my bet for tomorrow is red close
[16:00] {Threei} beer it is
[16:00] {Threei} I'll take my favorite
[16:00] {Threei} Innis&Gunn
[16:00] {Threei} thank you all
[16:01] {dino} :)
[16:01] {Threei} have a good evening
[16:01] {Threei} see you tomorrow for resolution of beer bet with dino
[16:02] {lasertrev} have a good night vad
[16:02] {Threei} you too trev
[16:02] {lasertrev} thx