Nemo's findings week of 4/21/2013

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

Well, we've run into a bit of a hiccup in this bull run. No new highs this week...sky is falling.   As a matter of fact we went two weeks where the indexes closed under the Weekly Pivot, then last week above, and this week under the Weekly S1's The financials, the Russell and the SPY tested significant support this week recovering above the 50 day moving average-except for the IWM, which remains under.  Thursday was the first time in 74 days the SPY had tested the 50 day.

 

As you can see, FAS filled the gap going back to the beginning of March, then bounced to close above the 50 day.

IWM came back to support going back to February.

 

The SPY tested the top of the gap, which also coincided with the 23.6% retrace of the November 2012 bottom closing above the 50 day.

 Here is the 15 minute view for the week:

Not really a surprise that the first drive below the 50 day in the SPY and the finnies would be short-lived.  Can't imagine they would want to close below to scare the sheep over the entire weekend.  Given that the bottom of the SPY was the 23.6% retrace from November, one could reasonably expect some more bounce.  Notice the gaps above in FAS, SPY and IWM.  It wouldn't be surprising to see them fill on or before Wednesday.  

However, earnings have been relatively weak, and unlike bad news previously during the bull run, stocks have not really been bought.  So, things may be changing, but the market is not the economy.  So, for the market to continue south would not be unexpected, there is still that gap fill down to 152.92 on the SPY. Now although I am not plotting longer term Pivot levels, I am including them when they correspond tightly to shorter term, so this week the Quarterly pivot in the SPY and the Yearly R2 in the FAS were plotted.


The week that is:

 

 

Market Week Wrap-up

TradeTheNews.com  Weekly Market Update: Markets Facing Headwinds and Heavy Hearts

- The combination of weak Chinese data, troubling US corporate earnings and the Boston Marathon bombing took global equity markets lower this week. China's Q1 GDP and March industrial production both came in lower than expected, adding more evidence of a spring swoon. The April German ZEW sentiment survey dropped into the 30s, suggesting that the situation in Europe is getting worse, not better. US corporate earnings saw some notable flops, especially among blue-chip Dow components such as IBM and McDonalds. But the defining event of the week was the bombing of the Boston Marathon on Monday, in which three bystanders were killed and scores wounded, making for the worst domestic US terrorist incident in years. By Friday one suspect in the bombing was dead and another was on the run. For the week, the DJIA fell 2.1%, the S&P 500 declined 2.1% and the Nasdaq lost 2.7%, the tech index's biggest drop since the second week of October.

- Commodity markets faced another round of heavy selling pressure from liquidation early in the week. Spot gold saw its biggest one-day decline in decades on Monday after it plunged to test below $1,325/oz while silver slumped to $22.00/oz. Copper prices fell into bear market territory, and mining names have been hit hard. There was a slight bounce later in the week and spot gold almost managed to close above $1,400 on Friday.

- US Treasury yields remain near multi-month lows helped by weakness in equities. Bond prices were further aided by a noticeable ratcheting down of inflation expectations: the March CPI was in the red (for the first negative reading since last November) and commodity prices slid lower. Thursday's five-year TIPS auction included an 8 basis point tail and a low BTC ratio signaling the lowest investor demand since Oct 2008. For the week, the 5-year TIPS breakeven spread narrowed 30 basis points back toward 2%.

- On the earnings front, Citigroup and Goldman Sachs both did very well in Q1. Citi modestly topped expectations on net income that was up 30% y/y. Citi managed to hold NIM steady, unlike many other big retail banks. Goldman Sachs widely beat both top- and bottom-line expectations and saw a very strong 36% y/y growth in investment banking revenue. Morgan Stanley contrasted strongly with Goldman: trading revenue fell more than 25% y/y. Bank of America saw a huge y/y increase in net profit, although it was not enough to satisfy the Street. BoA's mortgage originations grew to $24B (from $15B y/y), but revenue made on the business actually declined.

- Certain precincts of the tech sector had a grim first quarter. IBM posted a rare quarterly EPS miss as a sliding yen hurt earnings from Japan and it failed to close some major deals. Microsoft's Windows business held up better than expected, but unit revenue was flat y/y, adding evidence of a very weak launch for Windows 8. Intel's earnings and revenue declined from last year, and the PC business suffered. In contrast Google had an excellent Q1, with strong earnings growth, paid clicks up sharply and executives chatty about a full pipeline of new hardware products from Motorola.

- Shares of Apple gave up another 8% this week, dropping below $400/share for the first time since December 2011. Note that Apple reports quarterly results after the close next Tuesday.

- McDonald's managed to eke out a higher Q1 profit even as global comp sales turned negative for the first time in a decade. The company also warned that sales for April are expected to fall slightly. EPS from GE was up 16% y/y, beating consensus targets, but the firm trimmed the FY outlook for its industrial segment slightly.

- Dish Network offered to buy Sprint Nextel for $25.5B in cash and stock. Shares of Sprint rose sharply after Dish's surprise offer, which exceed the $20B takeover deal Japan's SoftBank reached with Sprint last fall.

- EUR/USD shook off a worse-than-expected German ZEW Survey and maintained a fairly steady tone this week. Dealers noted that the pair saw little volatility despite the events on Monday (both the gold sell-off and the Boston Marathon bombing). The euro seemed aided by ZEW comments that 81% of survey respondents see no change in short-term rates over the next six months. The euro strengthened mid-week as journalists and traders read too deeply into a comment by noted hawk and Bundesbank President Weidmann, who said that the ECB could adjust rates if new information warrants a change. Later in the week Weidmann commented that his remarks were not at all meant to signal a change in his policy view.

- USD/JPY strengthened early in the week in response to the Boston bombing and China's weak data, testing below the 95 handle just over a week after the BoJ's big pivot. The pair spent the rest of the week creeping back toward the 99 handle, aided by the G20 giving Tokyo a pass on its bold easing measures despite the group's explicit stance against competitive devaluation.

- Last weekend China released another round of shaky economic data, deepening concerns that the global economic recovery is facing serious headwinds. China Q1 GDP missed expectations, dropping to +7.7% from the +7.9% a year ago. After the release, the China Stats Bureau insisted that China was off to a steady start for 2013 but also warned the potential GDP rate is a moving target with a pronounced downside bias but acknowledged that the Q1 slowdown was due in part to government policy controls. The China March industrial production figure was +8.5%, the lowest pace of growth since May 2009.


TradeTheNews

Apr 19 2013

Finishing a day positively, even though not as spectacular as we got used to over last couple weeks, ending the week on a great note, with a very strong result and newer members reporting their best week ever. Good way to retire for the weekend.


Session Time: Fri Apr 19 00:00:00 2013
[08:44] {thomcbell} GM
[08:44] {thomcbell} good morning
[08:48] {nemo} not in my neck of the woods
[08:49] {thomcbell} some guy leaning on his truck horn here in brooklyn - somewhat jarring
[08:49] {nemo} I'm in MA...
[08:49] {thomcbell} oh no -
[08:50] {nemo} I live south of what's going on, but I know those neighborhoods well
[08:50] {jdetente} stay safe Nemo
01[08:50] {Threei}  morning guys
[08:50] {nemo} I'm fine...chechens
[08:50] {thomcbell} sounds crazy - stay safe is right
01[08:51] {Threei}  what's going on?
[08:52] {jdetente} one of the bombing suspects killed
[08:52] {jdetente} they killed a police office at MIT and the second guy is on the run
[08:52] {nemo} literally...things blew up last night...one of the suspects dead, manhunt for the other...brothers of Chechen descent...
[08:52] {nemo} yep
01[08:52] {Threei}  wow
01[08:52] {Threei}  gotta turn TV on
[08:52] {nemo} towns of Watertown and Newton on lockdown
[08:53] {nemo} they're southwest of Boston
[08:53] {jdetente} the one was hurling explosives at the police before he was killed
[08:53] {jdetente} out of the car
01[08:53] {Threei}  so it's muslim fanatics?
[08:54] {nemo} whoda' thunk?
[08:54] {nemo} when the pictures went out, they were described as "white"  You look at the pictures and go "huh?"  definitely ethnic
[09:04] {nemo} police say Dzhokhar Tsarnaev is posting online "i will kill all of you because you killed my brother."
[09:05] {nemo} so, the sons of Stalin strike
[09:10] {Les} you livin in a warzone
[09:12] {cipher} gm
01[09:12] {Threei}  cipher :)
[09:12] {nemo} a little bet north of here
[09:17] {Will49} gm
01[09:17] {Threei}  will :)
[09:21] {Les} anyone, nough of the doom and gloom. Morning all!
01[09:21] {Threei}  les :)
[09:21] {Les} rain returns
[09:21] {Les} and I am celebrating
[09:22] {Les} bloody pollen levels were ridiculous this last week with the switch to warm and sunney
[09:24] {Les} DeNiro 70 this year. Damn time is moving on
01[09:24] {Threei}  is there some connection trouble?
[09:25] {Les} yeh I'm using up all the bandwidth chattering
[09:28] {Les} reading an interview with DeNiro, discovered a 70's movie of his by Scorsese I didn't know - Mean Streets. Any good?
[09:28] {thomcbell} yes good
[09:28] {nemo} very raw
[09:28] {thomcbell} raw
[09:28] {nemo} Harvey Keitel too
[09:28] {thomcbell} eggsactly nemo
[09:28] {Les} damn they're young looking fellas
[09:28] {nemo} many of the early group
01[09:28] {Threei}  will skip first minutes, don't see clear opening play
[09:29] {Les} Notice metals trying to get that bounce into resistance happening. Not very enthusiastic
[09:29] {Les} gold leading means risk off
[09:32] {jfjf64} mornin
01[09:32] {Threei}  jf :)
01[09:32] {Threei} Long Setup:  GLD  .50 break hl
01[09:33] {Threei}  If holds  .35
01[09:34] {Threei}  nah
[09:35] {Les} woha grabbed GDX for a wild drop
01[09:36] {Threei} Long Setup:  GDX  .70 break
01[09:36] {Threei}  If holds  .60
[09:36] {thomcbell} long setup gwre 37.37 break hl
[09:38] {Alexs} gm
01[09:38] {Threei}  alex :)
[09:38] {thomcbell} slw could db here
01[09:39] {Threei}  1:1
01[09:40] {Threei}  GLD goes now
[09:40] {Les} 2nd entry GDX if holding .60{'
[09:40] {Les} ?
01[09:41] {Threei}  jumped
[09:41] {Les} bit crazy for me
[09:41] {Les} VWAP is holding it down at .80
[09:42] {cc_9} GM folks.
01[09:42] {Threei}  cc9 :)
01[09:43] {Threei} Long Setup:  SLW  .28 break
[09:43] {Les} banksters showing early weakness... C
01[09:43] {Threei}  If holds  .20
01[09:45] {Threei}  come on... 1 cent to 1:1?
01[09:45] {Threei}  yeah
[09:45] {Les} VWAP again
[09:46] {jdetente} AAPL getting closer to half off the all time highs...
[09:46] {jdetente} be still my heart..lol
[09:46] {Les} CAT 80 short?
[09:47] {Les} wild ride there too
01[09:47] {Threei} Long Setup:  C  .10 break
01[09:47] {Threei}  If holds  45
[09:49] {Les} 2 way on C?
01[09:49] {Threei}  Invalidated
01[09:49] {Threei}  no
[09:50] {Les} CAT 2 way vad?
01[09:50] {Threei}  short yes, long no
[09:50] {cipher} veco l .70
[09:50] {Les} k hl
[09:52] {cipher} out veco .05 +.35
[09:52] {Les} BBRY very weak
01[09:52] {Threei} Long Setup:  LVS  .70 break hl
01[09:52] {Threei}  If holds  .60
[09:53] {cipher} out cavm .35 +.44
01[09:56] {Threei}  1:1
[09:57] {Buster} Thanks Vad
[09:57] {cipher} infa l .45
01[09:57] {Threei}  yw
01[09:57] {Threei}  1:2
01[09:57] {Threei}  1:3, out
[09:57] {cipher} CRZO L.31
[09:57] {Les} huge disreprency between SLW and GDX
[09:57] {Will49} tks Vad (whew)
01[09:58] {Threei}  :)
01[09:58] {Threei}  1:4... is "awww" an emotion?
01[09:58] {Threei} Short Setup: SLW  23 break
01[09:58] {Threei}  If holds  .10
[09:58] {cipher} out  INFA .63 +.18
01[10:00] {Threei}  1:1
[10:00] {thomcbell} long setup hig 26.24 break if holding 26.20
[10:00] {thomcbell} splk long setup 40.20 break if holding 40.10
[10:00] {cipher} out ctxs .53 +.22
[10:01] {thomcbell} hig 1:1
[10:01] {Les} lvs 53 reversal?
[10:02] {thomcbell} splk 1:1
01[10:02] {Threei}  yes but keep it to hl
[10:02] {thomcbell} splk not a day trade for me
[10:02] {thomcbell} not a scalp rather
[10:03] {thomcbell} target 40.75
[10:03] {cipher} nxpi l.92
[10:03] {cipher} out .99
[10:04] {cipher} out crzo .41 +.10
[10:04] {thomcbell} gwre 1:3
[10:05] {cipher} rose l .05
[10:06] {cipher} out .25
[10:08] {cipher} nxpi s .28
[10:09] {cipher} stopped .25 +.03
01[10:09] {Threei} Short Setup: C  .30 break
01[10:09] {Threei}  If holds  .35
01[10:10] {Threei}  too fast
01[10:10] {Threei}  late alert, sorry
01[10:10] {Threei}  1:1, no secondary entry
[10:12] {Les} lvs 1:1
[10:15] {Les} 1:2 all covered
[10:15] {Les} SLW playing games again
01[10:17] {Threei} Long Setup:  GDX  .45 break
01[10:17] {Threei}  If holds  .35
[10:19] {cipher} abx l .40
[10:19] {thomcbell} gwre out
01[10:19] {Threei}  1:1
[10:19] {cipher} RGLD L.03
[10:20] {thomcbell} hig stop to 26.32
01[10:20] {Threei}  frikin C... why did you have to run away
[10:21] {cipher} ABX stopped . 33 -.07
[10:22] {Les} CAT
[10:22] {Les} .60? holding .70{?
[10:22] {Les} .75?
01[10:23] {Threei}  no read
[10:23] {Les} k
[10:24] {thomcbell} vad what do u think cit long setup
[10:24] {Les} BBRY BBY trying to squeeze shorts
[10:25] {Les} BBRY resistance should be around here
[10:25] {Les} SLW new short .70?
01[10:26] {Threei}  don't see it clearly tbell
[10:26] {thomcbell} cit nothing there now
[10:26] {cipher} out RGLD .13 +.10
01[10:27] {Threei}  not clear, SLW... chart is right but SPY weakens
01[10:27] {Threei}  and SLW tends to hedge
01[10:27] {Threei}  look how perfect that double top was on C, when I called short at .30
[10:28] {nemo} too frickin' tired to be insulting today
01[10:28] {Threei}  still mourning being 1 sec late with alert, lol
[10:28] {Les} don't see it clearly
[10:28] {Les} the DT
01[10:28] {Threei}  10:08 and 10:10
[10:28] {Les} I see the vol. as it exhausts itself
01[10:29] {Threei}  second one is lower, both with upward tails
01[10:29] {Threei}  one peakas above BB, second is contained
[10:29] {Les} 10:07 and :09 on my screen. Ok I see that
01[10:29] {Threei}  classic
[10:30] {Les} BBRY trying hard here at resistnace to squeeze some more
[10:30] {thomcbell} cit 41.54 break if holding 41.45 half lot
[10:30] {thomcbell} didnt realize this was such a thin name
[10:31] {Les} BBRY .55 short if holding .65?
[10:31] {thomcbell} hig got stopped on balance at 26.32 - +0.08
[10:31] {Les} looks like DT at .61 or .62
[10:32] {Les} or small ascending triangle for fresh breakout
[10:32] {Les} you been up with the bunny all night again boy?
[10:32] {Les} should leave her little tail alone
[10:32] {Will49} nemo was out shooting the Boston bombers
[10:32] {nemo} couldn't sleep, then all hell broke loose about 2am with the bomber shit
[10:33] {Les} u leave ur telly on, or the neighbours were all out patrolling the streets?
[10:33] {cipher} ABX L.27
[10:33] {Will49} did you get him on the first shot?
[10:33] {Les} Vad C tightening for a new move here
[10:34] {Will49} will go either up or down Les
[10:35] {Will49} guess!
01[10:35] {Threei}  up
[10:35] {jdetente} Here's an interesting article detailing the bomber that was killed.
[10:35] {jdetente} http://deadspin.com/heres-everything-we-know-about-tamerlan-tsarnaev-the-476415081
[10:35] {Les} frikin CANuck that's what setups are for
[10:35] {jdetente} as an aside
[10:36] {Les} don't care about the individual. I am curious that Chechnya is leaking onto domestic US territory.
[10:36] {thomcbell} nice trade there on lvs - was that you les?
[10:36] {nemo} muslims
[10:36] {Les} which one?
[10:36] {thomcbell} somebody shorted lvs
[10:36] {jdetente} read the article les
[10:36] {Les} yeh chechnya got the marchandise needed. Muslim terrorists welcome
[10:36] {jdetente} it's more about his religious fanaticism
[10:36] {Les} yeh that was me
[10:38] {Les} yeh jd, so in that sense, muslim fascists taking their fight out of Europe
[10:38] {Will49} so Vad, are you calling C break .20?
[10:38] {Will49} didn't want to miss it
[10:38] {Les} I like C short
[10:39] {Will49} my simple system: if Vad doesn't call it- i don't take it
01[10:39] {Threei}  am not
[10:40] {Will49} Les is king
[10:40] {Les} been busting 15 min BB's as resistance just overhead.
[10:40] {Will49} for 5 minutes
[10:40] {Les} no thanks
[10:40] {Les} just defining setups as I see em
[10:41] {Will49} you're not rising to the bait this morning Les
[10:41] {Les} no ritalin working fine and I ain't mixing alcohol
[10:41] {Will49} thought I'd take over for nemo
[10:41] {Will49} as he's busy cleaning his gun
[10:41] {Les} cleaning his bunny
[10:42] {jdetente} gun and bunny
01[10:42] {Threei}  gun with bunny
[10:42] {jdetente} lmao!
[10:42] {Les} hmmm
[10:42] {Les} not sure about that
[10:42] {Will49} good one Vad
06[10:42] * Threei takes a bow
[10:42] {jdetente} poor Peter Cottontail
[10:43] {Les} GDX might be ready for a litlte upside here
[10:43] {Les} but no setup
[10:43] {Les} oooh JPM
[10:44] {Les} forget it
[10:44] {Les} might break down but... tighter than the bore on Nemo's pop guns
[10:46] {nemo} chrome lined
[10:47] {Les} chrome lined bores?
01[10:49] {Threei} Short Setup: GDX  .30 break
01[10:49] {Threei}  If holds  .40
01[10:49] {Threei}  Invalidated
[10:50] {Les} was a bit cantankerous earlier in the wake due to rapid wake up of every frikin pollinating tree in Switzerland all letting go at the same time. Mixing some strong stuff to survive the day Tue/Wed.
[10:50] {Will49} well, that explains everything
[10:50] {Les} week, not wake
[10:51] {Will49} now I like you Les
01[10:51] {Threei}  less?
[10:51] {Will49} :)
[10:51] {backman} more...or less?
[10:51] {Les} went from wet and 10 degrees to 21 and sunny overnight. Trees that normally pollinate as far back as Feb all letting go at same time
[10:52] {Les} less is no more
[10:52] {Will49} is that why you left Aus?
[10:52] {Will49} allergies?
01[10:52] {Threei}  I start thinking of Les's Switzerland as some kind of mortal danger zone
[10:52] {Les} didn't have any in Oz
[10:52] {Les} gift from Europe
[10:53] {Les} poor daughter's face was blowing up like a balloon. obviously allergic as well
[10:53] {Will49} so you moved to Switzerland to be closer to your money
[10:53] {Les} my wife's money
[10:53] {Les} ;)
[10:54] {Will49} even better
01[10:54] {Threei}  as much as I like an idea of being close to Les wife's money, I will stay away from Switzerland
[10:55] {thomcbell} splk 1:3
[10:55] {Will49} yeah, I couldn't get used to wearing the short pants with suspenders the men have to wear
[10:56] {Les} so-called global warming ain't making life easier
01[10:56] {Threei}  and when I think of how close those Scottish parachutists are...
[10:56] {Will49} LOL
[10:56] {Les} http://www.spiegel.de/international/zeitgeist/the-1970s-craze-for-lederhosen-porn-from-bavaria-germany-a-889164.html
[10:56] {cipher} out ABX .43 +.16
[10:58] {Will49} Les, NOW i see
[10:58] {Les} there's lederhosen and there's lederhosen...
[10:58] {Will49} do you have a spare room? I want to visit
[10:59] {Les} something about invasive species I recall....
[10:59] {cipher} EVEP drop
[10:59] {Will49} :)
[10:59] {Les} :)
[11:00] {cipher} EVEP L.18
01[11:00] {Threei}  (SI) Slovenia Fin Min: Slovenia will not be a repeat case of Cyprus
[11:00] {Les} http://www.youtube.com/watch?v=RM3W5XBrVEA
[11:00] {Les} u Kanucks seen this?
[11:01] {Les} Canucks?
[11:02] {Will49} watching
[11:03] {Les} I like tar sands "Mordor"
[11:03] {Will49} hahahaha
[11:04] {patel} gm
01[11:04] {Threei}  patel :)
[11:04] {patel} I miss anything
01[11:05] {Threei}  decent morning... not spectacular but positive
[11:05] {patel} Had to take my wife to the doctor's this morning.
01[11:05] {Threei}  is everything OK?
[11:05] {patel} yeah
01[11:06] {Threei}  you know, I think these folks whining abvout pollution in Canada never left Canada
[11:06] {Will49} Les...that's a classic :)
[11:08] {Will49} even we deniers find it hillarious
[11:08] {cipher} EVEP stopped .-28
01[11:09] {Threei}  I met my tax preparer yesterday. I find nothing hillarious today
[11:09] {Les} heh
01[11:09] {Threei}  In fact I hate life today
[11:09] {Will49} you one-perceners have to PAY, Vad
[11:09] {Will49} percenters
[11:10] {Les} both SLW and GDX at their vwap resistance
[11:10] {cipher} EVEP L.49
01[11:10] {Threei}  (US) Reports of a suspicious package at a Visitor's center in Capitol Hill, Washington DC, evacuations ongoing
01[11:11] {Threei} Short Setup: C  .20 break
01[11:11] {Threei}  If holds  .25
01[11:12] {Threei}  two-sided
[11:14] {Les} taking JPM long too
01[11:14] {Threei}  stop .18
[11:14] {Les} stronger
[11:14] {jfjf64} l kmb 105.00
[11:15] {thomcbell} cit 1:1
01[11:18] {Threei}  keep shares small oln that one jf, can be really volatile
[11:18] {jfjf64} ty
[11:18] {cipher} out EVEP .20 +.71
01[11:18] {Threei}  wtg
[11:18] {thomcbell} a+
[11:18] {cipher} ty
[11:20] {backman} who is the clown on ARCA at 45.27?
01[11:21] {Threei}  whoever he is, if GS finally breaks over .80 he is going to get steamrolled
[11:21] {Les} GS underperforming the rest. at VWAP resistance
[11:24] {thomcbell} vad i sent you message
01[11:24] {Threei}  you assume I can read
[11:25] {thomcbell} fyi guys i sold 1/2 splk here in the 40.50's - it names really not great
[11:28] {thomcbell} using a 40.50 stop on balance of splk
[11:28] {cipher} EVEP L.11
01[11:28] {Threei}  1 cent of 1:1 again??
[11:30] {cipher} AREX L..60
01[11:30] {Threei}  tbell, dcc :)
[11:31] {backman} when u trade C with a tighter stop, do you have narrower profit targets
01[11:32] {Threei}  normally, no
01[11:32] {Threei}  maybe partial at .34 in this case is a good idea
01[11:32] {Threei}  since .35 proves to be a problem
01[11:33] {Threei}  but I think it was GS sudden drop that caused C to retreat
01[11:33] {Threei}  1:1
01[11:33] {Threei}  GS is back to high, now either it breaks or double-tops
01[11:33] {Threei}  and that will determine futher C fate
[11:35] {jfjf64} kmb
[11:35] {backman} tu
[11:35] {jfjf64} got scared with that bg of pullbk
[11:36] {cipher} out AREX .66 +.06
[11:36] {thomcbell} out rest splk here in 40.60's - + 0.42
[11:37] {Will49} nice Tb
[11:37] {thomcbell} tu - needed a good day
[11:37] {Les} gj
[11:40] {cipher} out EVEP .29 +.18
[11:41] {thomcbell} darn splk hit target
01[11:42] {Threei}  jf, that's an untradeable stock
[11:44] {backman} GDX bouncing off its lows
[11:44] {Les} damn miners just died after touching vwap
[11:44] {cipher} ACTG L .01
[11:46] {cipher} out -.11
[11:47] {cipher} ACTG S.91
[11:47] {cipher} cov .66 +.25
[11:47] {cipher} almost got the bottom
01[11:51] {Threei}  where is dino today?
[11:51] {Will49} Jurasic Park
01[11:51] {Threei}  you may have overcommunicated with me will...
[11:51] {Will49} ooops
01[11:52] {Threei}  recognizable and questionable humor {G}
[11:52] {Les} I thought that was funny
[11:52] {Les} but don't mind me
[11:52] {Will49} thanks Les, my friend:)
[11:55] {Les} not sure you can replace Nemo, but as a stand in ... yeh why not. :)
[11:55] {cipher} ACTG L.14
[11:58] {cipher} out .39 +.25
[11:59] {cipher} got my revenge, I'm satisfied
01[12:00] {Threei}  :)
[12:02] {Les} slw returning to lows. not sure for a db or consolidation and further selling
[12:03] {Les} .25 long GDX?
[12:03] {Les} holding .20?
01[12:03] {Threei}  *(UK) FITCH DOWNGRADES UK SOVEREIGN RATING TO AA+
01[12:03] {Threei}  nah
[12:03] {Les} still too scared to call UK junk?
[12:04] {thomcbell} possible short setup here splk 40.96 break if holding 41.03
01[12:12] {Threei} Short Setup: SLW  .50 break
01[12:13] {Threei}  If holds  .60
01[12:13] {Threei}  aggressive for .40, target 1:3
[12:20] {Les} missed yer call vad, can take full load short here?
01[12:20] {Threei}  hmm?
[12:20] {Les} slw at .40
01[12:21] {Threei}  call is .50
[12:21] {cipher} ACTG L.28
[12:21] {Les} missed it
01[12:21] {Threei}  why would you want to take it at .40?
[12:21] {Les} consolidating at the lows
[12:21] {Les} and looking ready to go lower
[12:21] {Les} GDX falling
01[12:21] {Threei}  personal preference
[12:21] {Les} k
01[12:22] {Threei}  this is a new setup
01[12:22] {Threei}  and inlight of mine, riskier
[12:22] {Les} how can I tar and feather you if you force me to accept responsibility for my actions?
[12:22] {Les} ;)
[12:22] {thomcbell} splk 1:1
[12:23] {cipher} out ACTG .42 +.14
01[12:23] {Threei}  with 2x4
[12:24] {Les} manipulation with violence huh...
01[12:24] {Threei}  but for that you'd have to get within striking distance of me... and hating life after yesterday's meeting with accountant, I tend to set a machine gun on "shoot automatically on approach"
[12:24] {nemo} so violent
[12:25] {Will49} great comment nemo...coming from you:)
01[12:26] {Threei}  considering that supplied me with motion autodetect syustem for that gun...
01[12:26] {Threei}  that he supplied
[12:26] {thomcbell} Stop to b/e on splk
[12:35] {backman} how do u trade thes stocks with .05 spreads...VRTX was .08 earlier today
[12:35] {thomcbell} splk 1:2
[12:36] {thomcbell} last 1/4 using a 40.85 stop
[12:37] {thomcbell} u mean splk?  Batman?
01[12:37] {Threei}  with deep disgust and periodic swearing
[12:40] {backman} i feel the love .....no VRTX left me gasping for breath....
01[12:40] {Threei}  see? if you swore while trading it, it would have evened out your breathing
01[12:41] {Threei}  one caveat though
01[12:41] {Threei}  you have to study Russian for that... english swearing is too short
01[12:42] {Threei}  ok SLW
01[12:42] {Threei}  give us 1:2 now
01[12:42] {Threei}  there... good boy
01[12:42] {Threei}  that's better
01[12:43] {Threei}  good winning percentage, and couple of them are juicy enough to make a day worth waking up
01[12:43] {Threei}  although that accountant... ugh
[12:44] {patel} hey hey hey dont talk about accountants or I might have to come an audit you.
06[12:45] * Threei checks motion detect system on the machine gun, and oils moving parts anew
[12:46] {thomcbell} splk 1:3
01[12:46] {Threei}  wtg
01[12:47] {Threei}  SLW 1:3 target hit, out
01[12:47] {Threei}  don't you love aggressive entrues
[12:47] {patel} Thanks
01[12:47] {Threei}  yw
[12:47] {patel} I missed the 1st entry
[12:47] {patel} but I took it on the pullback.
01[12:47] {Threei}  so you pulled Les?
01[12:47] {Threei}  oh I see
[12:48] {patel} I guess still got in at .49
01[12:48] {Threei}  yeah, but after it reached 1:1?
01[12:48] {Threei}  if so, then your stop would have to be .51
01[12:48] {Threei}  not the original .61
[12:49] {patel} oh crap. Yes I just see where it hit .36
[12:49] {patel} when I came back I saw .40's
01[12:49] {Threei}  the logic here is:
01[12:49] {Threei}  if you go for a conservative entry after 1:1 is reached, you take bigger risk of a trade not working,
[12:50] {patel} true
01[12:50] {Threei}  since if it goes over original entry, it stops the balance out.
01[12:50] {Threei}  To compnesate for it, you diminish the risk in monetary terms,
01[12:50] {Threei}  by putting your stop where the stop for the balance is after hitting 1:1
01[12:50] {Threei}  , in terms of this play - .51.
[12:50] {thomcbell} splk 1:4 and out
[12:51] {patel} I see. Thanks for letting me know.
01[12:51] {Threei}  If you keep it at original .61 level, it misalings with the whole setup,
01[12:51] {Threei}  sinve partiasl will be stopped for those who took regular entry,
[12:51] {Will49} wtg tbell
01[12:51] {Threei}  and you with conservative one is still in for some reason
01[12:52] {Threei}  so... making changes, make sure the logic of the setup is still there
[12:52] {backman} how about looking at similars....GDX kept selling after breaking dl...why not expext SLW to do the same?
01[12:52] {Threei}  normally it's the way to do it,
01[12:53] {Threei}  use a leader to trade the sheep
01[12:53] {Threei}  In this case, two things that made me close it at 1:3
01[12:53] {Threei}  One, GDX and SLW disconnected today earlier somewhat
01[12:54] {Threei}  I am not sure they are still as cvonnected at the hip as they used to be.
01[12:55] {Threei}  Another is, it's friday after losing day yesterday which interrupted two-weeks long winning streak,
01[12:55] {Threei}  I want to make sure we go home solidly positive
01[12:55] {Threei}  and considering howmany plays today ended up being just scalps, want to secure fat 1:3er
[12:56] {backman} gotcha....thnk u
01[12:56] {Threei}  If I need to sacrifice possibility of bigger move on it, so be it, view it as an insuranve
[12:56] {Les} not my day today and missed the ones that have paid off
[12:57] {backman} green certainly isures much
01[12:58] {Threei}  les, you displayed today this "trade after trade, asking for the next one before previous even set up" pattern
01[12:58] {Threei}  rarely good sign
01[12:58] {Threei}  settle down and breathe... it's not the number of trades that counts
[12:59] {Les} I recognise the day. Dead shit slow. Not my thing. But adjusting to appropriate behaviour difficult, especially once a hole is dug
01[13:00] {Threei}  how do you dig it? We are nicely up
01[13:00] {Threei}  plenty of calls worked
[13:00] {Les} by missing those reeeeally slow ones that pay off
[13:00] {Les} or stopping out prematurely
01[13:00] {Threei}  how do you miss slow one??
01[13:01] {Threei}  how do you stop out if a stop is not hit?
[13:01] {Les} cause I don't wanna spend 30 mins in front of a frikin screen
01[13:01] {Threei}  why do you set a stop at any other level than what is dictated by a setup?
01[13:01] {Threei}  wow
01[13:01] {Threei}  you have some strange p[riorities
01[13:01] {Threei}  mine is to make money
[13:01] {Les} sure. 2 kids that require attention
01[13:02] {Threei}  yours is to spend certain amount of time in front of a cscreen?
[13:02] {Les} normal action that occurs withîn minutes is great. get in, get out, get dinner done
01[13:02] {Threei}  OK... on behalf of all the stocks that are so incosiderate and do not reach the target within one minute, I sincerely apologize
[13:03] {Les} and rightly so
[13:05] {Les} yesterday recovered no problem. setups change a little is all. But this is punishment to me
[13:11] {nemo} DE coming into vwap
[13:12] {Les} http://www.hark.com/clips/kwwlkhblzj-i-cannot-teach-him-the-boy-has-no-patience
[13:13] {backman} JPM very similar setup to yesterday ....same time of day.....sold off nicely yesterday off it
01[13:28] {Threei}  todasy is not yesterday, JPM says... :)
[13:31] {dino} i miss much?
01[13:31] {Threei}  dino :)
01[13:31] {Threei}  not bd day
01[13:31] {Threei}  not bad
01[13:31] {Threei}  cipher found his victims alright, and killed them... so I presume you'd have, too
[13:33] {dino} :)
01[13:33] {Threei}  also, Will sense of humor deteriorated to the level of mine
01[13:33] {Threei}  [11:51] {Threei} where is dino today?
01[13:33] {Threei}  [11:51] {Will49} Jurasic Park
[13:35] {dino} lol
01[13:35] {Threei}  don't laugh... this is tragedy
01[13:36] {Threei}  next shishkebab gathering, his wife will look me in the eye and ask what I did to him
01[13:36] {Threei}  and I will have to hang my head in shame
[13:36] {Will49} I just remembered, I have to stay home and sort my socks that day
01[13:37] {Threei}  well, I am not giving her your portion as a takeout
01[13:37] {Threei}  you want shishkebab, you come here and face whatever challenge is presented
[13:37] {Will49} she has to stay home with me and make sure I match colours
01[13:38] {Threei}  think something will stop ese and dp from eating your portion?
01[13:38] {Threei}  hah!
[13:38] {Will49} what do I have to do to get back in your good graces?
01[13:38] {Threei}  oh, it's not me
01[13:39] {Threei}  I am fine with that humor, it's MY level of humor after all
[13:39] {dino} athn sm l .74 ave
[13:39] {Will49} so who di I suck up to?
[13:39] {Will49} do I
[13:39] {thomcbell} upl kind of interesting to me here with a 20.49 stop
[13:39] {thomcbell} havent pulled the trigger yet
01[13:39] {Threei}  it's your wife that will ask where her once sophisticated man went
01[13:40] {Threei}  and I will be held responsible
[13:40] {Will49} sheeesh, better pull myself together
01[13:40] {Threei}  wacthing if GDX forms a top here
[13:41] {Will49} Ya Vad, you're going to take the blame for this
01[13:41] {Threei}  I know
[13:41] {Will49} she already thinks you are responsible for me hiding in "the man cave) for 7 hours every day
01[13:42] {Threei}  I'll just tell her it's porn...
[13:42] {thomcbell} ok upl 20.55 break if holding 20.50
[13:42] {Will49} oh yeah....that'll work
[13:43] {thomcbell} might be two sided too
01[13:43] {Threei}  long looks more probable to me here, tbesll
01[13:43] {Threei}  -s
[13:44] {Les} apologies for before Vad
[13:44] {thomcbell} me too
[13:45] {Les} an area of my trading I must work on
01[13:45] {Threei} Short Setup: GDX  .25 break
01[13:45] {Threei}  If holds  .31
01[13:46] {Threei}  somewhat weird stop placement, but
01[13:46] {Threei}  it's a very recognizable one for me Les, same demon that dp fights
[13:47] {Will49} and me Les
01[13:52] {Threei}  IPL works slowly
01[13:52] {Threei}  UPL
[13:52] {thomcbell} y so far so good -
[13:54] {patel} HXM climo
[13:56] {dino} out athn .05 +.31
[13:56] {cc_9} GILD, anyone thinking a fade here ?
[14:00] {Will49} not me
[14:00] {Will49} there...you got a response:)
[14:00] {Will49} I felt sorry for you
[14:00] {dino} gild sm s .45
[14:01] {Will49} there's the best resonse right there
[14:01] {dino} bstop is .61
[14:01] {Will49} response
[14:03] {cc_9} ill make sure i include hookers and grain alcohol in my next question
[14:03] {cc_9} i think i finally understand
01[14:03] {Threei}  there!
[14:04] {Will49} you fit right in here cc
[14:04] {Les} lol scanning posts and I see hookers and alcohol!
[14:04] {Les} got my attention
01[14:04] {Threei}  see?
[14:04] {dino} gild to b/e
01[14:04] {Threei}  this is frikin locker room
01[14:05] {Threei}  good one on GILD
[14:05] {patel} now just post some porn links and Les will be alive.
[14:05] {Will49} a virtual "Man cave"
01[14:05] {Threei}  janitor won't like it
[14:05] {Will49} LOL
[14:06] {patel} "sticky fingers"
[14:06] {dino} better than stinky
[14:06] {jdetente} oh boy lol
01[14:07] {Threei}  1 cent from 1:1 GDX
01[14:07] {Threei}  sigh
[14:08] {dino} out gild flat
[14:14] {thomcbell} long setup lvs 53.05 braek if holding 52.97
[14:15] {thomcbell} vad did u stop out of 2nd half of upl?
01[14:16] {Threei}  no, it didn't go under .55
[14:22] {thomcbell} ok good
[14:22] {thomcbell} was unsure if u used 0.55 or 0.54 as a stop
01[14:25] {Threei}  my stops are always "just under" or "just above" the trigger level
01[14:26] {Threei}  on a trail I mean
[14:29] {thomcbell} long setup kors 53.55 break if holding 53.43
[14:30] {thomcbell} hl only
01[14:40] {Threei} Short Setup: WFC  .60 break
[14:46] {thomcbell} kors invalidated obviously
[14:48] {thomcbell} goog what a beast today
[14:48] {patel} along with CMG
[14:54] {Will49} crap.....PC seized up
[14:54] {Will49} panic time
01[14:55] {Threei}  while in trade?
[14:56] {Will49} yes, but OK after reboot
01[14:56] {Threei}  keep cc_9 number on a speed dial... phone and scream "get me out!!" until his ears fall off
[14:56] {Will49} luckily WFC didn't go anywhere while I was off line
[14:57] {Will49} seriously? wouldn't it be easier to fire up my laptop with laser on
01[14:59] {Threei}  yes
01[14:59] {Threei}  but would it be more fun?
[15:00] {Will49} screaming at him you mean?
01[15:00] {Threei}  yes... and his ears falling off
[15:01] {Will49} ears falling off has a different connotation for me
01[15:02] {Threei}  OK WFC, Will is back, now die
[15:02] {Will49} yes, be my guest
[15:05] {Will49} Vad, did you call for a tighter stop while I was away?
01[15:05] {Threei}  no, but .66 is a good idea now
01[15:05] {Threei}  GS drops
01[15:05] {Threei}  so WFC better follow
[15:05] {cipher} EBAY drop
[15:10] {backman} WFC...seems like it's best friends with buy the dip crowd
[15:11] {cipher} did you mean BTFD crowd?
06[15:13] * Threei pokes WFC in the ribcage with electrocharged sharp stick
[15:14] {backman} yes...i expected when it hit earlier lows of .55/.56 they would leave in droves
01[15:16] {Threei}  IMF's Lagarde: Cyprus situation should convince Europe that banking union is needed ASAP
01[15:16] {Threei}  really? I'd come to opposite conclusion
01[15:17] {Threei}  (EU) Germany Fin Min Schaeuble: No one should expect high growth rates in Europe for years
01[15:17] {Threei}  don't worry, we don't
01[15:18] {Threei}  - Democracy could be put in danger if Europe encounters another crisis similar to what was seen in 2008.
01[15:18] {Threei}  encounters?
[15:18] {Will49} creates
01[15:18] {Threei}  he means you just walk down the street and suddenly encounter crisis?
01[15:18] {Threei}  imbecile
[15:18] {Les} speaks with forked tongue that fella
01[15:19] {Threei}  (EU) ECB's Draghi: ECB has seen no economic situation improvement in the last two weeks.
01[15:20] {Threei}  what is it, Idiot Friday?
[15:20] {backman} ebay...trying to bounce through 52
01[15:20] {Threei}  no one told me
[15:24] {Will49} beginning to look like one of those last 5-minute nail biters
01[15:26] {Threei}  yeah
01[15:26] {Threei}  just trying to pick the safest ones for the end of the week, to make sure we do go hom in black
01[15:26] {Threei}  the opposite side of that is slow
01[15:30] {Threei}  not much fear into close
[15:30] {Will49} except in my chair")
[15:31] {Will49} :)
[15:31] {Will49} JK
01[15:31] {Threei}  fear not
[15:31] {Will49} whatever will be will....
[15:34] {patel} target on WFC
01[15:34] {Threei}  gosh... something :)
01[15:35] {Threei}  ut'as about to get stopped
[15:36] {cc_9} HXM, to short or to have a good weekend, that is the only question
01[15:37] {Threei}  out
[15:38] {Will49} poop
[15:38] {patel} damn Will large share size will make you poop
[15:38] {Will49} (emotion)
[15:45] {Will49} Well...regardless of the poop,that was my best week yet, so I go home a happy camper
01[15:45] {Threei}  :)
[15:46] {Will49} so thanks Vad. There's hope for me yet
[15:46] {patel} good job
[15:47] {Will49} tks
06[15:47] * dino slaps Will49 around a bit with a large trout
[15:48] {Will49} is that good?
[15:48] {dino} :)
[15:52] {dino} calling it a week, take care all
01[15:52] {Threei}  ok guys, let's call it a day
01[15:52] {Threei}  and a week
01[15:52] {Threei}  thank you all
[15:52] {patel} thanks
[15:52] {Will49} Cheers
01[15:52] {Threei}  have a great weekend, see you Monday
[15:53] {Les} cheers
[15:56] {backman} thanx

Apr 18 2013

I guess after two weeks of very strong performance it was a high time for us to have a losing day. Got a few winners to trim the damage down as much as possible and cut down on activity, so it came out as a trivial loss. Some days you are a windshield  some days you are a bug.


Session Time: Thu Apr 18 00:00:00 2013
[08:49] {patel} good morning
[08:49] {nemo} not again...sheesh
01[08:49] {Threei}  lol
01[08:49] {Threei}  patel :)
[09:09] {Les} piss off nemo
[09:09] {Les} right, having got that out of the way
01[09:09] {Threei}  see patel? that's the greeting nemo can appreciate
[09:09] {Les} morning all
01[09:09] {Threei}  les :)
[09:09] {cipher} gm
01[09:10] {Threei}  cipher :)
[09:10] {nemo} wombat poker
[09:16] {jdetente} gm
01[09:16] {Threei}  jd :)
[09:20] {Will49} gm
01[09:21] {Threei}  will :)
[09:22] {Alexs} gm
01[09:22] {Threei}  alex :)
01[09:23] {Threei}  shouldn't ese be back from Denmark yet?
[09:23] {dino} gm
01[09:23] {Threei}  dino :)
[09:23] {Will49} don't know
01[09:26] {Threei}  I want to know what exactly is rotten over there
[09:26] {Will49} :)
[09:30] {cc_9} Morning Gents.
01[09:30] {Threei}  cc9 :)
[09:30] {nemo} wow that's raisin Les' status
[09:31] {jfjf64} mornin all
01[09:31] {Threei} Short Setup: GDX  .70 break
[09:31] {backman} gm
01[09:31] {Threei}  jf, bman :)
01[09:32] {Threei}  stop is so obvious, I won't insult your intelligence by mentioning it
[09:33] {Les} better, for Nemo's sakes
[09:33] {Les} -s
01[09:33] {Threei}  not bad
01[09:33] {Threei} Short Setup: SLW  22 break
01[09:34] {Threei}  If holds  .10
01[09:34] {Threei}  GDX to .76
01[09:34] {Threei}  Invalidated  SLW
01[09:34] {Threei}  for now at least
01[09:35] {Threei}  out GDX
01[09:37] {Threei} Short Setup: SLW  .10 break
01[09:37] {Threei}  If holds  .20
[09:38] {thomcbell} WOW LVS
01[09:39] {Threei}  frikin GDX
01[09:39] {Threei}  rinse
01[09:39] {Threei}  1:1 SLW
[09:39] {Les} 'they' be reading your blog vad
[09:40] {cipher} BIDU L .99
[09:40] {cipher} TNA L .91
[09:41] {dino} nice bidu entry
[09:43] {patel} SLW frickin rinse for 1:2.
01[09:44] {Threei} Short Setup: LVS  .10 break hl
01[09:44] {Threei}  If holds  .20
01[09:45] {Threei}  no go
[09:45] {dino} len sm l .86
01[09:46] {Threei}  both GDX and SLW are irritating today
[09:46] {cipher} out BIDU .68 +.69
[09:47] {dino} gj
[09:47] {cipher} ty
[09:47] {dino} tna nice too
[09:48] {dino} sndk drop
01[09:49] {Threei}  nice one cipher
[09:50] {cipher} DECK L .06
01[09:50] {Threei} Short Setup: GDX  .90 break
01[09:51] {Threei}  Invalidated
01[09:51] {Threei}  change to 28 break
[09:51] {cipher} out DECK -.07
01[09:51] {Threei}  If holds  .10
01[09:52] {Threei}  If holds  .10VALID
01[09:52] {Threei}  valid still
[09:52] {cipher} DNKN L.51
[09:54] {thomcbell} at the 50 day dnkn - i joined
01[09:54] {Threei}  no go
01[09:54] {Threei}  not my morning so far
[09:55] {cipher} out DNKN .46 -.05
[09:57] {nemo} sndk short here
01[09:57] {Threei} Short Setup: C  .35 break
01[09:58] {Threei}  If holds  .45
[09:58] {nemo} numbers coming
[09:58] {nemo} philly fed, that could move things
[09:58] {dino} sndk sm l .80
[09:59] {nemo} indexes setup for long
[09:59] {nemo} bad numbers
[09:59] {cipher} SNDK +.26 thx dino
01[09:59] {Threei}  bad
01[09:59] {Threei}  both
[10:00] {dino} yw
01[10:00] {Threei}  Fil Fed 1.3 vs 3E
01[10:00] {Threei}  Leading -.1 vs .1
[10:00] {dino} printing press continues
01[10:01] {Threei}  1:1
01[10:02] {Threei}  1:2
[10:03] {backman} out C...ty
01[10:03] {Threei}  1:3, out
01[10:03] {Threei}  yw
[10:03] {Will49} tks Vad
[10:04] {cipher} ibm l.22
[10:04] {backman} gdx selling ....expect bounce in finnie
[10:04] {cipher} out .48 +.26
01[10:05] {Threei}  nice
01[10:06] {Threei} Short Setup: RIG  .85 break hl
01[10:07] {Threei}  If holds  .95
[10:07] {jdetente} out 1:4 on C. Thanks Vad
01[10:07] {Threei}  :)
[10:07] {thomcbell} rumor about a french bank in trouble a friend tells me
01[10:08] {Threei}  why, out of all countries, French one failing will please me the most...
[10:10] {cipher} IBM L.73
[10:11] {dino} sndk sm l .15 stop lod
[10:11] {backman} any trail on Rig
01[10:12] {Threei}  not yet
01[10:12] {Threei}  meh
[10:13] {Les} stopping here
[10:13] {Les} break time
[10:13] {jdetente} hmmm drinking Les?
[10:13] {jdetente} a little early
[10:14] {Les} :)
[10:14] {dino} elli sm l .95
[10:14] {jdetente} speaking of I tried a pretty good American Rye yesterday :)
[10:14] {Les} nursing a small short in SLW from .20 otherwise wanna let this volatility settle down
[10:14] {jdetente} Bulleit Rye 95
[10:16] {cipher} out IBM .90 +.17
[10:20] {nemo} arguably mos a short here, but it's right at it's 200 day
[10:20] {cipher} IBM L.47
[10:21] {backman} c gonna follow Jpm?
[10:21] {dino} c sm l .00
[10:22] {cipher} out IBM .67 +.20
[10:23] {Les} yanks making whiskey is like a Scottish doing a texas rodeo...
[10:24] {Les} frik it. time to open the new bottle
[10:25] {Will49} Jack Daniels=mother's milk
[10:26] {cipher} FFIV L.45
[10:27] {dino} joining ya at .60
[10:28] {cipher} out FFIV .72 +.26
[10:29] {jdetente} Les you need to go back to putting together your cuckoo clock
[10:29] {thomcbell} fb horrendous today
[10:30] {dino} out ffiv .98, +.38 ty cipher
01[10:30] {Threei}  gj
[10:32] {dino} out c .32, +.32
[10:32] {cipher} yw
[10:33] {dino} 07 all green
[10:33] {backman} out c 1:1
[10:35] {nemo} I think "erudition" is not a word to be affiliated with Les
[10:36] {Les} I'm erudite...
[10:37] {Les} with my wife sometimes
[10:37] {Les} the chickens not so often
[10:37] {Les} just checking the definition
[10:37] {nemo} I would say you are *rud**e
[10:37] {Will49} not rude Les, erudite!
01[10:38] {Threei}  I am luddite... nothing to do with erudite but it rhymes
[10:38] {Les} lol good one
[10:38] {nemo} Phillistine too
[10:38] {nemo} sndk
[10:38] {Will49} things are slowing, let's pile on Les:)
[10:41] {cipher} IBM S.76
[10:44] {cipher} cov .80 -.05
[10:47] {Les} BBY looking like it wants lower but not giving me a setup to work with
[10:49] {Les} GDX SLW cup and handles forming
01[10:51] {Threei} Long Setup:  CAT  .95 break
01[10:52] {Threei}  If holds  .85
01[10:52] {Threei}  aggressive for 81
01[10:52] {Threei}  target 1:3
01[10:53] {Threei}  1:1
[10:54] {Les} screwed it and scalped ty
01[10:54] {Threei}  yw
01[10:55] {Threei}  grrr... 1 cent to 1:2
[10:55] {Les} ran out of ritalin lol and the doc ain't in till tomorrow
[10:55] {Les} not in peak peformance
06[10:55] * Les slants at Nemo slyly
[11:00] {cipher} MELI S .25
[11:00] {nemo} that ritalin or ricin?
[11:02] {Les} do I need to call the FBI?
[11:02] {Les} VAD GDX 28 short?
[11:03] {nemo} heard they've been looking for you
01[11:03] {Threei}  looks like
[11:03] {Les} SLW failing to push premarket resistance
01[11:03] {Threei}  chart is right, I just don't have a good feel for it today
[11:04] {nemo} bet you have a good feel for the vodka bottle?
[11:04] {Les} at this point I'd say something about you having a good feel for bunny but that'd probably be cause for the janitor
[11:06] {Les} ...
[11:06] {nemo} actually Les, your wife was asking about the ricin
01[11:06] {Threei}  what, hemlock doesn't work anymore?
[11:06] {nemo} she muttered something about inflicting suffering
[11:07] {Les} dude, she'd go to a professional not some animal loving liberal tosh who pretends to be bad
01[11:07] {Threei}  you called nemo liberal
[11:08] {Les} yep
01[11:08] {Threei}  this is probably way too far
[11:08] {nemo} ROTFLMAO!!!!!
01[11:08] {Threei}  GDX invalidated
01[11:11] {Threei}  poor AAPL
[11:12] {Les} curious to hear its next numbers release
[11:12] {Les} Ithingy overexpensive gadget BS
[11:12] {Les} BBY .20 break?
[11:12] {Les} holding .30?
[11:12] {nemo} I told bunny...never seen a rabbit roll over on her back laughing before
01[11:13] {Threei} Short Setup: FB  .75 break
01[11:13] {Threei}  If holds  .85
[11:14] {cc_9} GDX breaking out a bit here new high
[11:16] {cipher} LBTYA L .06
[11:16] {cipher} UTEK .13
[11:16] {backman} NUGT threatening to do same as gdx
[11:18] {cc_9} ABX also due for a baby comeback.
06[11:22] * Threei hits FB over the head with 2x4
01[11:23] {Threei}  1:1
01[11:23] {Threei}  violence works
[11:23] {cipher} UTEK stopped .80 -.33
01[11:29] {Threei}  1:2
[11:31] {Les} SLW short here just made me flat. will stop until close otherwise just paying the broker
[11:31] {Les} will check in at 3pm a+
01[11:32] {Threei}  day becomes a bit brighter
01[11:32] {Threei}  not really bright yet but brighter
[11:46] {nemo} well, the blackspot did leave for awhile
01[11:46] {Threei} Short Setup: CAT  .25 break hl
01[11:46] {Threei}  If holds  .35
01[11:47] {Threei}  Invalidated
[11:47] {nemo} spy at 50 should bounce here
01[12:10] {Threei} Short Setup: FB  .50 break
01[12:10] {Threei}  If holds  .60
01[12:25] {Threei}  meh
[12:25] {nemo} frickin' Rod Serling Territory
[12:34] {dino} sndk sm l .70 stop lod
[12:35] {backman} long nugt....62   small
01[12:37] {Threei} Short Setup: BBY  23 breask
01[12:37] {Threei}  If holds  .10
[12:39] {backman} out -.06
[12:53] {Will49} we're in probability hell :)
[12:54] {nemo} it would be much worse if Les were here
01[12:54] {Threei}  also known as clkusterf**k :)
[12:54] {dino} out sndk .30, +.60
[12:54] {Will49} LOL
[12:56] {dino} unxl sm l .25
[12:56] {Will49} dino - nice
[12:56] {patel} just coming back
[12:56] {patel} miss anything
[12:56] {Will49} ha
01[12:56] {Threei}  not by me
01[12:56] {Threei}  dino and cipher are still cleaning it
[12:56] {dino} out unxl .63, +.38
[12:56] {Will49} double nice
[12:57] {dino} ty
01[12:57] {Threei}  see?
[12:57] {patel} yeah
[12:58] {nemo} https://www.youtube.com/embed/ROrpKx3aIjA
[13:01] {nemo} fcx potential short
[13:02] {nemo} or long above .60
[13:04] {Will49} amazing utube
[13:04] {nemo} lucky they're in one piece
[13:04] {Will49} amen
[13:04] {nemo} well looks like they want to check the other side of the range
[13:06] {nemo} wow coh
[13:06] {nemo} dino!!!
[13:06] {nemo} news?
[13:07] {dino} m s .10
01[13:07] {Threei}  not that I see
[13:07] {Will49} oh oh, my wife's out shopping
[13:07] {dino} bstop is .40
[13:07] {dino} stop
[13:08] {nemo} http://bit.ly/115Bzjs
[13:09] {dino} sm s .30
[13:09] {dino} hod bstop
[13:10] {nemo} kors had a sympathy run
[13:11] {dino} cov coh .80, +.50
[13:12] {dino} ty nemo
[13:12] {Will49} will be nice some day when we don't need that Saudi oil
[13:12] {nemo} never happen, they're part of the world cartel
[13:12] {thomcbell} L’Oreal CEO Says Luxury Business Doing ‘Really Well’ in China  12:54   Luxury business performance extremely good in U.S., CEO Jean-Paul Agon says on conf. call. • Only problem in luxury division is S. Korea• Says he’s “pretty happy” with overall growth acceleration in Brazil• Confident eastern Europe is back to sustainable growth
[13:14] {Will49} some day Nemo...not likely in my lifetime though
[13:14] {Will49} there was once a world cartel in whale oil
[13:22] {dino} rh sm l .80, wide
[13:23] {dino} octx drop, otc
[13:31] {nemo} fdx
[13:33] {cc_9} yawwwwwwwwwwwn
[13:34] {nemo} 3rd try at the high for fdx
[13:38] {thomcbell} aapl looks like its going to break again
[13:39] {thomcbell} verizon reported a 33% drop in iphone sales
[13:44] {dino} lulu drop
[13:44] {dino} sm l .80
[13:45] {dino} out lulu .33, +.53
[13:45] {dino} out rh .30, +.50
[13:47] {Will49} nice pair dino
[13:47] {dino} ty
[13:50] {thomcbell} slw 23.16 short break
01[13:51] {Threei}  isn't FB a rat bastard?
[13:52] {patel} I think "rat bastard" was a nicer term for FB.
01[13:53] {Threei}  ok... rat bastard squared?
[13:53] {Will49} we need them to change to symbol to RB
01[13:54] {Threei}  lol
[13:57] {dino} sndk db?
[13:57] {dino} sm l .60
[13:58] {dino} stop is .39
01[13:59] {Threei}  with any luck should give you 53.10 or so
[13:59] {dino} heck of a stock, beats by .05 and raises, then crushed
01[14:02] {Threei}  3 upgrades too
[14:03] {dino} efficeimt market
01[14:04] {Threei}  hehe
01[14:04] {Threei}  frikin FB at 1:2 almost
01[14:05] {Threei}  SNDK loses will to live
[14:05] {dino} good old fade-book
[14:06] {backman} any read on C?
[14:06] {dino} following dji, watch that for c imo
[14:06] {nemo} spy walking the 50 day
01[14:06] {Threei}  45 short is the only setup I see here
01[14:07] {Threei}  if SPY helps, great
[14:07] {backman} tu
01[14:07] {Threei}  if not, leave it be
[14:09] {backman} out JPM 2:1
01[14:10] {Threei}  wtg
[14:12] {dino} gj
[14:12] {dino} sndk was stopped
[14:15] {thomcbell} so was slw
01[14:16] {Threei}  if SPY loses 154, it should turn into cascade
[14:21] {dino} spy gap around 153 feb
[14:24] {cc_9} XIV anyone ? =)
[14:24] {Les} cracking the harder of two nuts in SLW and having my patience tested for it...
[14:26] {dino} sndk sm l .12 stop lod break
[14:27] {cc_9} EBAY interesting here, big candle forming
[14:30] {thomcbell} what time frame cc
[14:31] {cc_9} 15min
[14:34] {dino} meli drop
[14:34] {nemo} love it when silverlight shits the bed
[14:34] {cc_9} tbell, got a 52.08 L with s/l 52.70 $EBAY
[14:35] {cc_9} tgt 53.50 - .75, raising stop to cost on the first break of .25 bid
[14:35] {nemo} you mean 52.80?
[14:35] {cc_9} 53.08* sorry
[14:35] {nemo} don't go Les on us...can't take two of you
[14:37] {cc_9} SPY shitting the bed but EBAY trying hard to hold that 52.75 intraday support
[14:37] {nemo} 154.25ish is the 50 day, not sure SPY is gonna' give that up today
[14:38] {cc_9} nemo, SPY I got my support  @ 153.75 (3/19 & 4/5 + today)
[14:39] {nemo} yeah, but the 50 day is real important
[14:41] {dino} gap around 153
[14:42] {cc_9} Thanks for the alert on MELI dino, so far so good =)
[14:42] {dino} np, gl
[14:42] {nemo} so you have those levels pretty  close together..they ain't gonna' make it easy today
[14:42] {dino} i was waiting at s3, no go
[14:44] {nemo} unh
[14:44] {dino} lowered
[14:45] {cc_9} SPY hanging on to 154 with the skin of its teeth
[14:45] {nemo} the proverbial "hair"
[14:46] {nemo} believe it or not, they're is some upward pressure building on the higher time frames
01[14:47] {Threei}  when
01[14:47] {Threei}  C 1:1
01[14:47] {Threei}  when = whew
01[14:47] {Threei}  took its sweet time eh
[14:47] {Les} and no one told me :(
01[14:48] {Threei}  35 min since trigger
[14:49] {nemo} you should take the hint, Les
[14:49] {cc_9} $153.75ish, im going long there and grabbing my pack of smokes
[14:49] {Les} chose between GDX SLW reversal at 13:30, boy did I choose the wrong stock to short
[14:49] {cc_9} SPY
[14:49] {Les} good one Nemo
[14:50] {nemo} you provide more fertilizer than a herd of cows
[14:50] {Les} and you keep blowing it up
[14:50] {nemo} ?
[14:51] {Les} never mind
[14:51] {nemo} go practice mushin, it should come naturally
[14:52] {Les} naaah not since taking ritalin funnily enough
[14:52] {Les} before as ADD boy, not a problem dropping everything from the mind
[14:53] {cc_9} Lets see if this .70s holds for SPY, thick trendline. Long here, looking for slight reversal
[14:54] {cc_9} also, took the filter off the cig, time to get dizzy
[14:54] {dino} lol
[14:55] {Les} some big volume entering on SPY
[14:55] {nemo} trying to put in a bottom
[14:55] {nemo} yeah, that's serious
[14:55] {cc_9} it only counts when the 15min candle closes. Intraday capitulation
[14:56] {nemo} I've found that of late, over 1.5 million means the big boys are testing the wathers
[14:56] {nemo} over two minutes
[14:57] {cc_9} if by big boys you mean 100 GPUs crossfired, I agree
[14:57] {nemo} or SLI
[14:57] {nemo} no
[14:57] {nemo} institutions
[14:59] {Les} I hate myself for choosing the stronger of the two to short. gotta be able to drop further I says to myself
[14:59] {nemo} do you feel like you're talking to a stump?
[14:59] {Les} with u yes
[14:59] {cc_9} So far so good SPY
[15:00] {Les} good reminder of why we choose relative strength and weakness
[15:00] {nemo} not bad
[15:00] {nemo} what's this "we" shit Tanto?
[15:00] {Les} royal we
[15:01] {nemo} royal "we"
[15:01] {Les} pfff u wanna marry my wife carrying on with bullshit like that
[15:02] {nemo} ain't touchin' that one
[15:03] {Les} :)
[15:03] {cc_9} SPY : http://i45.tinypic.com/zsrfx3.jpg
[15:04] {nemo} ahhh crayon level
[15:04] {cc_9} Don't be mad bc you can't into bumblebee style
[15:04] {nemo} I what?
[15:04] {nemo} you sharin' ritalin with this dude, Les?
[15:05] {Les} hehehe yellow and black chart he means
[15:05] {cc_9} I'm his supplier
[15:05] {Les} lol
[15:05] {nemo} ahhhh, remember the days when....nevermind
[15:05] {Les} speaking of which cc
[15:05] {Les} how can I change my volume colour?
[15:05] {cc_9} .80s, bumblebee strong
[15:06] {nemo} yeah, well you guys are making like the dinosaur the last few years
[15:06] {Les} fusion only allows 1 colour for vol
[15:06] {cc_9} .90s, bumblebee strong like russian woman
[15:06] {dino} sndk sm l .51
[15:06] {cc_9} Les, in Das right click in the volume and edit the study, modify
[15:07] {nemo} yeah, it's easy
[15:07] {Les} DAS?
[15:07] {nemo} he's got Fusion
[15:07] {nemo} I think they put training wheels on it for him
[15:07] {cc_9} Fusion does not have bumblebee feature
[15:08] {Les} had templates with selling and buying colour volume, but lost it...
[15:09] {Les} can you send me a large screen template please?
[15:09] {cc_9} sure
[15:10] {Les} actually, is it really that important... Nemo and Vad?
[15:10] {Les} I've gotten use to seeing just volume bar in monocolour
[15:10] {Les} with price action
[15:10] {Les} is there something to be gleaned from colour?
01[15:10] {Threei}  I'd say, adds a little visual help but nothing crucial
[15:10] {nemo} after 4 do join me and share your screen Les, I'll figure it out
[15:11] {nemo} but first, go to Paypal and...
[15:11] {cc_9} EBAY XIV SPY, run you bastards run
[15:11] {nemo} run Forrest run!!!
[15:13] {cc_9} I got one of those electric cigartte things and emptied the liquid in my drink. I highly recommend this cocktail
[15:13] {nemo} Hey Vad, how much Vodka you go through a week?
[15:13] {cc_9} SPY 154, them .70s were delicious
[15:14] {cc_9} bumblebee strong
01[15:16] {Threei}  I am a social drinker
[15:17] {nemo} mmmhhh, I'm an anti-social drinker
01[15:18] {Threei}  I am anti-social when sober
[15:18] {Les} not to self, need to show up to Vad's house with at least 1 bottle
[15:19] {Les} probably 2
[15:19] {nemo} note to Les, do Vad a favor....don't show up at all
[15:19] {Les} if I'm allowed to set foot on continent
[15:22] {Will49} Les, we have an invasive species regulation here, so you'd be barred
[15:22] {nemo} nice Will
[15:22] {nemo} wish I'd thought of that
[15:22] {Will49} :)
01[15:23] {Threei}  http://bigrab.files.wordpress.com/2011/09/100_0320.jpg
[15:24] {Les} yeh right. I carry Aussie foot and mouth disease
[15:24] {Will49} yeah Vad, we also bar Swiss knothead
[15:24] {nemo} he's an aussie wombat poker
[15:25] {Will49} gawd, even that's on our list
[15:25] {Will49} so no chance Les
[15:25] {Les} guess I'll have to enter via the French speaking part
[15:26] {nemo} that's worse
[15:26] {Les} how many of u kanuks can speak froggo?
[15:26] {nemo} it's "
[15:26] {nemo} canucks
[15:26] {Les} whatever
[15:26] {Will49} with a capital C
[15:27] {nemo} frickin' phillistine
[15:28] {Will49} we Canucks can all speak french, but refuse to
[15:31] {cc_9} SPY, 154.30 on deck, well, that was my last trade for the day.
[15:34] {cc_9} pre : http://i45.tinypic.com/zsrfx3.jpg
[15:34] {cc_9} post : http://i48.tinypic.com/21algtf.jpg
[15:34] {cc_9} Have a good EOD fellas.
[15:34] {Will49} be good cc
01[15:34] {Threei}  take care cc
[15:35] {Les} cheers
[15:44] {Les} http://www.abc.net.au/news/2013-04-18/auditor-warns-china-debt-crisis-could-dwarf-gfc/4636648?section=business
[15:44] {Les} Chinese auditors no longer signing off on muni debt auctions...
[15:44] {Les} looks like someone's trying to take the punchbowl away
[15:45] {Les} doesn't sound very inflationary
01[15:45] {Threei}  heh
[15:45] {Will49} had a shaw failure here Vad, you?
01[15:45] {Threei}  no... looks ok
[15:46] {Will49} any alerts in last 8 minutes?
01[15:46] {Threei}  no
[15:46] {Will49} tks
01[15:46] {Threei}  not seeing anything reliable
01[15:48] {Threei}  well, diminished the damage but haven't made it into black
01[15:48] {Threei}  oh well, I guess we were due to a losing day
[15:49] {patel} take care.
[15:49] {Will49} can't win 'em all
[15:49] {thomcbell} take care all
01[15:49] {Threei}  thank you all, we will get them tomorrow
[15:49] {Will49} cheers
[15:49] {dino} out elli .03, +.08 from morning
01[15:49] {Threei}  have a good evening
[15:49] {Les} cheers
[15:50] {dino} out sndk .01, +.50
01[15:53] {Threei}  wtg
[15:53] {dino} calling it a day, thx all

Apr 17 2013

I start sounding like a broken record but what can I do - we had another very strong day with a lot of nice juicy winners. This is our market.

Session Time: Wed Apr 17 00:00:00 2013

[08:51] {patel} Good Morning

[08:51] {nemo} personal opinion

[08:53] {patel} about what?

01[08:54] {Threei}  patel :)

[08:56] {nemo} Vad....please, take care of this

[08:56] {nemo} I have to get the vodka

[09:01] {dino} gm

01[09:02] {Threei}  foino :)

01[09:02] {Threei}  ummm

01[09:02] {Threei}  wow

01[09:02] {Threei}  dino :)

[09:06] {nemo} Vad?

01[09:06] {Threei}  umm?

[09:07] {nemo} oh, sausage fingers, I get it

[09:07] {nemo} your zephyr-like touch of the keyboard

01[09:08] {Threei}  lol

[09:08] {nemo} you make The Incredible Hulk look like a prima ballerina

01[09:08] {Threei}  he types?

[09:14] {Les} yo

01[09:15] {Threei}  hey Les... missed 1:3 on GLD yesterday

[09:15] {Les} you missed 1:3 on GDX and SLW

[09:16] {Les} read the log last night. can't believe I said I like receiving...

[09:16] {Les} Nemo must hve been on another planet

01[09:16] {Threei}  can you believe how retsrained we all were?

[09:16] {Les} good of you. much obliged

[09:17] {nemo} sorry, I was otherwise occupied...missed the juvenile banter

[09:17] {Les} I know I'm sick when I load up to the gills with booze before bed

[09:17] {Les} strangely though, best day I've had yet

[09:17] {nemo} mmmhhh, my modus operandi

[09:18] {Les} will have to look into correlation of killing brain cells with trade performance

[09:18] {dino} eliminates thinking

[09:18] {cc_9} Morning Gents.

[09:18] {nemo} don't bother, you're an outlier

01[09:18] {Threei}  cc9 :)

[09:18] {Les} hehehe

[09:19] {Les} ...and Nemo

[09:19] {nemo} poor

[09:20] {Alexs} good morning

[09:20] {Will49} gm

01[09:20] {Threei}  alex, will :)

[09:21] {cipher} gm

01[09:22] {Threei}  cipher :)

[09:23] {jfjf64} mornin

[09:23] {jdetente} gm

01[09:24] {Threei}  jf, jd :)

01[09:24] {Threei}  jf, missed 1:3 on GLD yesterday

01[09:24] {Threei}  ok, mission accomplished:

01[09:24] {Threei}  [15:15] * Threei makes a mental note to tease les and jf tomorrow about 1:3er after they left

[09:25] {Les} Will, Vad not only provides fish, but also teaches how to catch

[09:25] {Will49} that's good

[09:25] {Les} GDX and SLW breakdowns from round number yesterday arvo

[09:25] {Les} both 1:3

[09:26] {Les} fooling around with other stuff keeping one eye on charts until they set up. SLW was so slow that I opened the trading platform while it was .98 and it still let me on

[09:27] {Les} best I keep away when market is moving so slowly

[09:28] {nemo} yeah, then he starts to think

[09:29] {Les} which is bad

[09:30] {thomcbell} kors vulnerable 

[09:30] {nemo} illiquid for the first 15 minutes or so

[09:31] {thomcbell} same with aapl new low for move 

01[09:32] {Threei} Short Setup: FCX  .80 break

01[09:32] {Threei}  If holds  .90 

01[09:34] {Threei}  stop to .86

[09:34] {thomcbell} wow kors got smacked 

01[09:34] {Threei}  1:1

01[09:35] {Threei}  1:2

[09:35] {Les} out ty

01[09:35] {Threei}  yw

[09:35] {jfjf64} ty

01[09:35] {Threei}  :)

[09:35] {Alexs} ty vad

[09:35] {thomcbell} hah

[09:35] {Will49} tks vad

01[09:35] {Threei}  yw guys

[09:35] {thomcbell} got it 1:3 almost vad 

01[09:35] {Threei}  cool... nice breakdown

[09:35] {cipher} cbst l .84

01[09:36] {Threei}  rug pull is fun when you stay off the rug

[09:36] {backman} c puke...bounce?

01[09:37] {Threei}  no setup yet

[09:37] {Les} potential for bearish engulfing on C daily

[09:39] {thomcbell} not a bearish engulf on daily 

[09:40] {jfjf64} ya still in 3i

[09:40] {cipher} KRFT L .75

01[09:40] {Threei}  no, closed at 1:3

[09:40] {jfjf64} nice

01[09:43] {Threei} Long Setup:  GDX  .50 break

[09:43] {patel} thanks Threei on FCX

[09:43] {patel} just closed it out

[09:43] {nemo} o.k. bill

01[09:43] {Threei}  yw

[09:43] {cipher} ACOR L .55

[09:44] {cipher} IBM L.23

01[09:44] {Threei}  1:1... and, shut up nemo

[09:44] {patel} way 2 fast

[09:44] {Les} wow

[09:44] {nemo} ;-)

[09:44] {Will49} missed

01[09:45] {Threei}  1:2... and, nemo, shut up

[09:45] {thomcbell} fb shinook

[09:46] {cipher} out IBM .38 +.15

[09:47] {dino} partial fill, l athn .70

[09:47] {jdetente} out .90

[09:47] {jdetente} thanks Vad

[09:47] {Alexs} nice call Vad

[09:47] {thomcbell} fabulous 

01[09:47] {Threei}  yw sir

01[09:47] {Threei}  oh, and nemo...

01[09:47] {Threei}  :)

[09:47] {patel} nice call. 

[09:47] {jfjf64} ty

[09:47] {dino} len sm l .01

[09:48] {Les} I spent too long looking at it

[09:48] {Les} I blame Nemo

01[09:48] {Threei}  thwe difference between calls and photos: photos are to look at, calls are to trade

[09:49] {Les} yeh .53 wasn't so expensive after all

[09:49] {dino} csv hl l .28

01[09:49] {Threei} Short Setup: C  .10 break hl

01[09:49] {Threei}  If holds  .20 

01[09:50] {Threei}  setup is here but a little bit against the grain at the moment, so hl

01[09:51] {Threei}  1:1

[09:51] {jfjf64} target

[09:51] {Les} mum and pop market day? cause FSC just don't wanna load

[09:51] {jfjf64} ??

01[09:51] {Threei}  not sure

01[09:51] {Threei}  just partial and trail

01[09:52] {Threei}  let it decide

01[09:52] {Threei}  1:2

01[09:52] {Threei}  kangaroo tail in all its glory

[09:52] {Les} ty out

[09:52] {Les} need to get around looking that setup up

[09:53] {thomcbell} which one is kangaroo vad 

[09:53] {dino} mktx spike

01[09:53] {Threei}  C

[09:53] {patel} thanks for C

01[09:53] {Threei}  btw, while both of them are in front of us... why did I call GDX long and not C, even though both jumped pretty well?

01[09:53] {Threei}  yw

[09:54] {Les} .50 as important number?

[09:54] {Les} tight setup too

01[09:54] {Threei}  look at the chart at the bottom

[09:54] {Les} hmmmm

01[09:55] {Threei}  on C, with these longish tails, stop woulf have to be about 20 vents

[09:55] {Les} right

01[09:55] {Threei}  and it gave no connsolidation which would allow for toghter range

01[09:55] {Threei}  thus no setup wothin our risk tolerance

01[09:55] {Threei}  unlike GDX which actually gave 5 cents stop

01[09:56] {Threei}  (that was my educational bit for the day)

[09:56] {Les} can I start drinking now?

01[09:56] {Threei}  you ever stopped?

[09:57] {thomcbell} mktx decent back and fill

[09:57] {dino} atls?

01[09:58] {Threei}  confusing news on it dino:

01[09:59] {Threei}  APL Atlas Pipeline Partners LP To acquire Eagle Ford Midstream business For $1B in cash from TEAK Midstream

01[09:59] {Threei}  Atlas Pipeline Partners is APL

01[09:59] {Threei}  but ATLS is mentioned as sympathy

01[10:00] {Threei}  ATLS is Atlas Energy

01[10:00] {Threei}  they are obviously connected but requires some investigation

[10:01] {dino} yeah, ty

[10:01] {dino} break of .00 will s sm

[10:02] {Les} fcx break of .30?

[10:02] {Les} if holding .40?`

[10:02] {Les} or maybe two way here

01[10:03] {Threei}  can't tell

[10:03] {Les} will watch it a little longer

[10:03] {nemo} watch BWA for short entry

01[10:04] {Threei} Short Setup: GDX  29 break

01[10:05] {Threei}  stop .07

01[10:05] {Threei}  out

01[10:06] {Threei} Short Setup: LVS  .40 break

01[10:06] {Threei}  If holds  .50 

[10:06] {Les} 2 waqy?

01[10:06] {Threei}  nah

01[10:06] {Threei}  just invalidated

[10:08] {Les} C trying to hold on

[10:08] {Les} looks ready to drop again

01[10:09] {Threei}  LVS is valid again

01[10:11] {Threei}  1:1

01[10:12] {Threei}  1:2

[10:12] {Les} cover ty

01[10:12] {Threei}  yw

[10:12] {Alexs} ty vad

01[10:12] {Threei}  :)

[10:12] {thomcbell} prlb looks short 

[10:12] {jfjf64} cheers

[10:14] {thomcbell} aapl

01[10:15] {Threei}  1:3, out

[10:15] {cipher} cern l .33

[10:15] {Les} FCX

[10:15] {patel} thanks 

[10:15] {Les} consolidatoin followed by break of .30?

01[10:16] {Threei}  no read on it

[10:17] {Les} k

[10:18] {thomcbell} short setup splk 41.90 break if holding 42 half lot 

[10:19] {Les} CAT trading near lows

[10:19] {thomcbell} aapl 5% lower 

[10:20] {thomcbell} big pressure on market 

[10:21] {Les} RIG melting down to 47

[10:21] {Les} sm FCX short .28

[10:22] {Les} well that worked well

[10:22] {thomcbell} lvs at 50 sma 

[10:24] {thomcbell} out acor thanks dino

[10:25] {dino} np

[10:25] {cipher} out ACOR .93 +.38

[10:26] {cipher} tna l .55

[10:28] {dino} wbc sm l .80

[10:29] {Les} SLW at 23

[10:31] {cipher} out TNA -.18

[10:31] {thomcbell} kors look for DT here 

[10:31] {thomcbell} invalid 

[10:33] {Les} FCX rinse

[10:33] {thomcbell} kors at pivot 

[10:34] {thomcbell} nasty defense 200

[10:34] {thomcbell} short setup kors 53.30 break

[10:35] {thomcbell} target 1:4

[10:36] {thomcbell} kors 1:1

[10:36] {thomcbell} kors 1:2.5

[10:37] {thomcbell} lol

01[10:38] {Threei} Short Setup: CAT  .98 break hl

01[10:39] {Threei}  too fast

[10:39] {Les} VWAP is overhead

[10:39] {thomcbell} kors 1:3

[10:40] {Les} 2nd entry?

01[10:40] {Threei}  valid again, with stop above .08

[10:40] {thomcbell} kors flat

[10:42] {Les} 38.2% fib of entire 09-12 rally is .86 approximately for CAT

[10:43] {Les} half out ty

01[10:43] {Threei}  1:1

01[10:43] {Threei}  9-12?

[10:43] {Les} 2009-12

01[10:43] {Threei}  lol

01[10:43] {Threei}  come on

[10:44] {Les} useless things I know you're interested in

01[10:44] {Threei}  yuo can't really think this matters for an intraday trade

[10:44] {Les} ah no not trying to influence you. just a small tidbit

01[10:45] {Threei}  "interesting fact"

[10:45] {Les} :) you're welcome

[10:45] {jfjf64} vxx flyin

[10:45] {Les} certainly no suggestion of it wanting to stop here

[10:46] {Les} slw back to 23 again

[10:47] {nemo} they're trying to bottom with this spy volume...if it drops 155 could get Really nasty

[10:47] {Les} vxx showing market reversal potential here

[10:48] {thomcbell} flat splk -0.1

01[10:49] {Threei}  1:2

[10:51] {Will49} out C tks

[10:51] {Les} FCX teasing me

01[10:52] {Threei}  C?

[10:52] {Will49} sorry , CAT

01[10:52] {Threei}  ah

[10:53] {nemo} if market lets go, cat should test the whole

[10:53] {Will49} must be a tomcat

01[10:56] {Threei}  on top of everything else, it looks like goldbugs are about to have a fight with silverbugs

01[10:57] {Threei}  gold tries to hold while silver continues selloff

[10:57] {nemo} very uniform selling in iwm and spy

[10:57] {Les} http://armstrongeconomics.com/2013/04/17/gold-the-conspiracy-theories-what-about-etfs/

[10:57] {Les} $907 to clean out the newsletter writers ouch

[10:57] {Les} potential gold target

[10:58] {Les} talk about getting yer clocked cleaned

01[10:58] {Threei}  don't know abouyt exact 907, but my feeling that something under 1000 is going to happen too

01[10:58] {Threei}  let me offer simple metric:

[10:58] {Will49} clock cleaning must be a big business wjere you are Les

[10:58] {dino} \50% retrace standard

[10:58] {Les} good one will

[10:59] {Will49} :)

01[10:59] {Threei}  take a percentage of sellogg of oil from 150 to 35, apply it to gold, see what price you come up with

[10:59] {Les} want to sell what little I hold VAd, but I don't see a credible bounce to sell into

01[10:59] {Threei}  then tell me, if it can happen to oil which everyone needs, why can't it happen to gold?

[11:00] {Will49} Vad the Predictor?

01[11:00] {Threei}  nah

01[11:00] {Threei}  just identifying the patterns

[11:00] {dino} could be a few hedge funds as well as cypress. hedgies will have to sell everything w/this gold drop

[11:01] {dino} margin calls, raise cash where you can

01[11:01] {Threei}  plus funds like Paulson's, which is reported to have lost 1B over last week or two, faces possible redemptions

01[11:01] {Threei}  which will add fuel

[11:02] {dino} yes, anybody in trouble in sell what you can mode

[11:02] {Les} ok so I don't wanna hang around too long waiting for a bounce into resistance

[11:02] {Les} gotta better use for a kilo of metal than sitting in safety deposit box losing value

01[11:02] {Threei}  I don't know Les, I am niot a financial advisor

[11:03] {Les} sure

[11:03] {Les} but I know it will take months, if not a year for another base to develop from which new trend can emerge

01[11:03] {Threei}  but tell me what price you come up with if projecting oil decline on gold

[11:03] {Les} wait

[11:04] {dino} when there's blood les, the sharks circle (short)

[11:04] {Les} what is that, a 75% haircut?

01[11:04] {Threei}  what am I, your calculator? {G}

[11:04] {Les} I suck

[11:05] {Les} that's a serious haircut for gold

[11:05] {Will49} no advertising on this room

01[11:05] {Threei}  150 to 35 is 76%

[11:05] {Les} you said 140

[11:05] {Les} never mind

01[11:05] {Threei}  [10:59] {Threei} take a percentage of sellogg of oil from 150 to 35, apply it to gold, see what price you come up with

[11:06] {Les} ...

[11:07] {Les} $450 POG or thereabouts would have the 99% pulling out there hair

01[11:07] {Threei}  there you go

[11:07] {Les} oh come on I worked it out some time ago

[11:08] {Will49} true goldbugs will average down

[11:08] {Les} just shaking my head at the consequences of it

[11:08] {Les} somewhat stunning potential

01[11:08] {Threei}  it looks as incredible right now as oil $32 looked when it traded at 120-130

01[11:08] {Threei}  and they were arguing that it coulnd't go any lower

[11:11] {nemo} well, this is good risk area for index long

[11:11] {Les} cipher tna

[11:14] {cipher} missed it

[11:15] {Les} would be happier with index db

[11:15] {nemo} 50 sma on spy down around 154.12

[11:19] {cipher} CELG L .43

[11:22] {Les} GDX at vwap resistance

[11:22] {Les} slw woefully underperforming

[11:25] {dino} elli sm l .15

[11:25] {thomcbell} 1442 to 1440 ish spx cash is an enormous support level in imho

[11:46] {cipher} out CELG .73 +.30

[11:51] {cipher} UNFI L .67

01[11:52] {Threei}  been a while (about 2 days) since I got any hate mail, so let the new sh*tstorm begin:

01[11:52] {Threei}  http://goo.gl/L0GgC

[11:53] {Les} oh stop with the common sense will ya

01[11:53] {Threei}  I can't

01[11:53] {Threei}  I mourn its death

[11:54] {Les} well go emigrate to another planet

01[11:55] {Threei}  I might have to

01[11:55] {Threei}  Titan looks better by day

01[11:56] {Threei}  I just need to decide what to do about chronoclastic infundibula

01[11:57] {Threei}  and I need a pepelatz with working gravitsapa

[11:57] {Les} well I'd like to know more about he future. like when the precious metals bull is back on.

[11:57] {Les} off you go

01[12:00] {Threei}  http://rense.com/general92/deathof.htm

01[12:02] {Threei} Short Setup: SLW  .70 break

01[12:02] {Threei}  If holds  .80 

[12:05] {thomcbell} aapl should hold 400 on first attempt 

[12:07] {cipher} out UNFI .72 +.05

[12:22] {dino} athn to .62

[12:23] {dino} to .75

01[12:24] {Threei}  no go SLW

[12:25] {dino} out athn .75, +1.05

[12:26] {dino} tough crowd today

01[12:27] {Threei}  just stunned :)

[12:27] {dino} took about 2 hours, but...

[12:27] {patel} SLW starting to look like a rinse

01[12:27] {Threei}  no kidding

01[12:27] {Threei}  rat bastard

01[12:28] {Threei}  don't you hate when they do that

[12:28] {patel} sucks

[12:28] {patel} but oh well. 

[12:28] {jdetente} SLW is just a creep lol

[12:29] {jdetente} no biggy

[12:29] {jfjf64} who does what

[12:29] {jfjf64} is there a who

01[12:29] {Threei}  lol

[12:29] {jfjf64} are ya sayin they see our stop

[12:29] {jdetente} what's the saying about another bus around the corner...

[12:31] {dino} c sm l .10

01[12:38] {Threei} Short Setup: GDX  .45 break

01[12:38] {Threei}  aggressive for .40

01[12:39] {Threei}  If holds  .55 

[12:40] {dino} bmi partial fill l .72

01[12:40] {Threei}  1:1

01[12:44] {Threei}  SLW rinse made me change a strategy a bit, take aggressive entry instead of regular

01[12:44] {Threei}  aggressive wprked, regular would have been a torture

01[12:44] {Threei}  adjust and adapt...

01[12:44] {Threei}  (and drink)

[12:45] {jfjf64} i got out flat 2nd piece  gdx

[12:45] {jfjf64} mistake

01[12:45] {Threei}  stop is trailed to .46

[12:46] {Alexs} ty gdx Vad

01[12:47] {Threei}  yw

01[12:49] {Threei}  1:2

[12:51] {backman} 1:1 AIG

[12:51] {cipher} BEAV L .45

01[12:52] {Threei}  frikin SLW

[12:52] {cipher} SCTY L .05

[12:54] {cipher} out BEAV .65 +.20

[12:55] {dino} gj

[12:55] {cipher} ty

[12:55] {dino} i prefer s beav

[13:04] {dino} unxl drop

01[13:08] {Threei}  1:3, out

[13:08] {jfjf64} good job

01[13:09] {Threei}  ty

[13:12] {Will49} well...that goes to show you

[13:12] {Will49} at 9:04 I took the SLW trade

01[13:12] {Threei}  ?

[13:13] {Will49} when it failed, went to have shave/shower

[13:13] {Will49} came back and see I missed 1:3 GDX

[13:13] {Will49} Guess I'll grow a beard

01[13:13] {Threei}  why do you think I grew one?

[13:14] {Will49} now I know

[13:15] {patel} I guess I will need to start bringing my lunch. 

[13:15] {patel} Missed that 1:3 trade during lunchtime slowdown.

[13:17] {Will49} I'm also going to have a big empty coffee cup ready for any bladder calls

[13:17] {dino} yuk

[13:17] {Will49} bathroom is 10 seconds away...too far

[13:19] {Will49} 10+10+10 =30 seconds..could miss two trades in this room

01[13:19] {Threei}  lol

[13:21] {patel} hahaha

[13:21] {patel} or just trade on the potty

[13:21] {Will49} now there's an idea

[13:21] {patel} Get a desk setup 

[13:22] {Will49} or a G suit like pilots wear

[13:22] {Will49} just go when you need too without moving

[13:22] {Will49} to

01[13:23] {Threei}  http://www.realitytrader.com/vad/h.jpg

01[13:23] {Threei}  like my house?

[13:23] {Will49} nice view too

01[13:23] {Threei}  a bit windy but what a view

01[13:24] {Threei}  (US) Officials in Boston may have identified a possible suspect in the Marathon bombings, making substantial progress in the investigation - CNN- Authorities are said to have an image of a suspect carrying, and perhaps dropping, a black bag at the second bombing scene - Boston Globe - Another press conf to be held at 17:00ET

[13:26] {nemo} they want to bring them to justice...how will that stop it from happening again?

01[13:26] {Threei}  absence of claim of responsibility leads to two versions

06[13:27] * Les returns to work unburdened by last precious metal holdings...

01[13:27] {Threei}  one is, domestic imbecile

[13:27] {nemo} unburdened by a brain too

01[13:27] {Threei}  another, it's a dry run for bigger one

01[13:27] {Threei}  nemo is back to his usual self... whew

01[13:27] {Threei}  I was worried

[13:27] {Les} found a friend outside the PM shop holding a bottle of Oban.

[13:28] {Les} drowned what emotions I had left for the metals

[13:28] {nemo} did you say "friend"?

[13:33] {dino} \out bmi .55 -.17

[13:34] {dino} c to .40

[13:35] {cipher} GLNG L .82

[13:36] {Les} well it certainly wasn't you 

01[13:37] {Threei}  and here comes first hate mail

01[13:38] {Threei}  "Your defense of manipulators makes me think you are one of them"

01[13:38] {Threei}  Yesss! You got me!

[13:38] {nemo} yeah, you and that russian mafia you front

01[13:38] {Threei}  man, idiots come in so many many kinds, shapes and colors :)

[13:38] {dino} lol, you trade so huge that yo cn manipulate markets

01[13:39] {Threei}  yeah, last time I dumped 10 tins of gold... {GGG}

01[13:39] {Threei}  tons

[13:39] {dino} c to .55

[13:39] {dino} rally brewing

[13:41] {dino} the only markey vad could manipulate is pork bellies

[13:41] {dino} market

[13:41] {cipher} out GLNG .99 +.17

01[13:41] {Threei}  lol

[13:42] {dino} ll spike

[13:42] {Les} old friend I help out from time to time gave me a bottle of 'Riesling Auslese' today as a favor for helping round the house. Ten years old and it is frikin fantastic. you guys familiar with Hungarian Tokay or French Sauternes?

[13:43] {dino} beer, vodka, and tequila for me les

[13:44] {Les} damn dino west coast just dripping with good wines your way

[13:44] {dino} east coast, pennsylvania

[13:45] {Les} anyway, this is what Europe should stick to. Making great food and wine, less of these stalinist projects

[13:45] {dino} c to .60. like walking a dog

01[13:45] {Threei}  Hungarian Tokay, yes

01[13:45] {Threei}  wine of my student youth

[13:46] {Les} a lot of money moved in. great stuff made today

01[13:46] {Threei}  hadn't had it in ages

[13:46] {Les} dunno your epoch

[13:46] {dino} out c .60, +.50

01[13:46] {Threei}  quite unusual taste for a wine

[13:46] {Les} the ageing is particular

[13:47] {Les} methodology

[13:47] {dino} "live in sin, c'mon in"

[13:47] {Les} will have to educated you heathens when I come over

[13:47] {Les} educate

[13:48] {dino} ll again

01[13:49] {Threei}  GDX anoter leg down

01[13:50] {Threei}  gold makes another inside day

01[13:50] {Threei}  not a good sign

[13:54] {Les} .30 slw short?

[14:00] {Will49} isn't your dinner time yet Les?

[14:01] {Will49} it

[14:02] {Les} GDX .00 short?

[14:02] {Les} eating on the fly will

[14:02] {Will49} I have a coffee cup you can use

[14:03] {Les} C stuck between VWAP and a drop

[14:03] {nemo} dog dish better idea will

[14:04] {Will49} that'll do

[14:04] {nemo} too late to have him fixed

01[14:04] {Threei}  not sure about GDX

[14:06] {nemo} http://derekhernquist.com/supply-side-trading/

01[14:06] {Threei}  SLW us beyond horrible

[14:10] {nemo} do you think taking up a collection to pay Les to LEAVE would work?

01[14:11] {Threei}  becareful, he might take the money and use it to buy out your room connection {GGG}

[14:11] {nemo} scary

[14:11] {Les} what sort of money we talking?

[14:11] {Les} enough to buy a hitman?

[14:12] {nemo} Les, I have many Russian friends between, oh London, Moscow, SWITZERLAND, and, well...keep it up

[14:13] {Les} all talk all talk

[14:13] {cipher} VPRT L .20

01[14:13] {Threei}  "Talk the Talk. Walk the walk. Or, at least drink the drink"

[14:13] {nemo} it's all talk, talk until the "knock,knock" especially if the accent is Bulgarian

[14:14] {Les} interesting article u posted numbnuts

[14:14] {nemo} thank you lepus gonads

[14:14] {Will49} So much for the civilized insults

[14:14] {nemo} at least mine was Latin

01[14:15] {Threei}  I give up... that was about as eye-pleasing as camel dancing salsa

[14:15] {nemo} little index short possible here

[14:16] {nemo} should check the other side of 155

01[14:16] {Threei}  some news networks start reporting arrest in Boston bombing

[14:16] {Les} homeless person?

[14:16] {Les} muslim?

01[14:16] {Threei}  not confirmed yet

[14:16] {Les} gay or othewise vilified minority?

[14:17] {Les} guess I could throw them a bone, a guy in Mass...

[14:17] {cipher} out VPRT .25 +.05

[14:18] {Les} GDX back to 28, yet SLW sits .10 higher

[14:18] {dino} out elli ave .27, +.12

[14:18] {dino} tol waking up

01[14:23] {Threei} Short Setup: GDX  .05 break

01[14:23] {Threei}  If holds  .10 

01[14:23] {Threei}  very low risk aggressive entry

[14:26] {dino} out tol +.20

01[14:26] {Threei}  nice scaping

[14:26] {dino} ty, that kind of day, untrusting

01[14:30] {Threei}  time for new low, GDX

[14:30] {jfjf64} yup

[14:31] {jfjf64} print .95

01[14:31] {Threei}  and die

[14:31] {dino} builders moving up, tol, len, ll etc

01[14:31] {Threei}  good boy

[14:31] {jfjf64} yes and die

01[14:31] {Threei}  1:1

01[14:31] {Threei}  now die

01[14:32] {Threei}  die more

01[14:32] {Threei}  1;2

[14:33] {Les} almost perfect day

[14:34] {Les} maybe even perfect. Nemo is back to normal.

[14:34] {Les} Darth Vader for my Obiwan

01[14:34] {Threei}  see nemo? we were all worried

[14:34] {jfjf64} wher is ya stop 3i

01[14:34] {Threei}  .96

[14:34] {jfjf64} .95

[14:35] {jfjf64} k

[14:38] {jfjf64} good job 3i

[14:38] {Les} gonna go cradle my late harvest riesling with a bit of WoW Vad

[14:38] {Les} another good day

[14:38] {Les} a+

[14:43] {cipher} QLIK L .95

[14:47] {cipher} out .09 +.14

[14:47] {dino} gj

[14:49] {cipher} ty, slim pickings

[14:49] {cc_9} Anyone wants to call the close on AAPL ? :)

[14:49] {thomcbell} 387

[14:49] {dino} 390

01[14:49] {Threei}  395.40

[14:50] {thomcbell} pretty muted bounce off first stab at 400

01[14:54] {Threei}  GDX... mama

[14:54] {cc_9} 400 around the corner, plenty time on the clock.

01[14:55] {Threei}  FBI denies arrest has been made

[14:55] {cc_9} FBI should arrest itself.

[14:56] {cc_9} first they want to take the guns, now they also want the rice cookers.

[15:00] {thomcbell} gdx atr trendline 

[15:00] {thomcbell} at trendline on 10 min

[15:01] {nemo} 405.90

[15:10] {dino} wow tol positive

01[15:11] {Threei}  {AAPL} I wish I could say the same..

[15:12] {nemo} we're at the bottom of important channels in iwm spy and finnies, not to mention we tested toe 50 day in finnies and spy today

[15:12] {dino} linkin park, new divide, rockin' out

[15:12] {nemo} I don't think they slam this into the close

[15:14] {thomcbell} long setup thc 39.51 break if holding 39.43 - didnt type it quickly enuf 

[15:14] {thomcbell} im a buyer on shallow pullback

[15:15] {nemo} so, they're at the bottom of the channel, do they try to shake out tomorrow, and get some more stops below, or start heading to the other side...this is a perfect setup for unemployment claims tomorrow morn ing

[15:15] {dino} drop and rock up imo

[15:15] {nemo} unemployment at 8:30 so yeah, maybe sell down the futes overnight

[15:16] {thomcbell} INTC 4% div yield and chatter of new CEO, usually good 

[15:16] {dino} staying away from intc, semis are dead for awhile

[15:17] {nemo} yeah, july or august

[15:17] {dino} better worlds, tbell

[15:18] {dino} len knocking hod

[15:22] {cc_9} $400.00 closing in on the bid $AAPL

[15:24] {dino} out len ,32, +.30

[15:24] {thomcbell} dino do u see what Elliott did to kors today - nasty bounce off the 200

[15:25] {dino} sohu spike

[15:25] {dino} i don't watch elliott, kiss system here

[15:26] {dino} vwaps, pivots, capits, spikes. pretty much it

01[15:26] {Threei}  thnat's about 4 things more than I watch :)

[15:27] {dino} :)

01[15:27] {Threei}  I am always so ashamed to admit the emptiness of my charts...

01[15:27] {Threei}  that look I get...

[15:28] {thomcbell} thc 1:3

01[15:28] {Threei}  what, nothing else?? no MACD, no stochastic,. no RSI?

[15:28] {dino} nor i

01[15:28] {Threei}  Chaikin? Breadth?

01[15:28] {Threei}  Ichimoku cloud?

01[15:28] {Threei}  waves?

[15:28] {dino} k(eep)i(i)s(imple)s(tupid)

[15:28] {dino} t

[15:29] {cc_9} Bounce off $400, algos hard at work.

[15:29] {thomcbell} i am fully on board how we do things here - however doing some of the other chart work culls good ideas that can be more explosive using our intraday methods

[15:30] {dino} sure. i just know my edge. not saying there aren't thousands of other ways to trade

[15:31] {dino} back in 10 or so

01[15:31] {Threei}  sure tbell

01[15:32] {Threei}  just gotta remember that under all the spices there must be food itself

01[15:32] {Threei}  too many get lost in those indicators while forgetting common sense and basic chart formations

01[15:32] {Threei}  http://goo.gl/IDJbn

[15:43] {jdetente} calling it a day. Heck of a day. Thanks Vad.

[15:43] {cipher} LBTYK L .31

01[15:47] {Threei}  take care jd

01[15:47] {Threei}  OK guys, thank you all

01[15:47] {Threei}  have a good evening, see you tomorrow

[15:47] {Will49} peace

[15:48] {patel} take care. 

[15:48] {thomcbell} thc long watch tomorrow

[15:48] {dino} .

[15:48] {cc_9} Sad day to be NUGT

[15:49] {thomcbell} yes just incredible 

[15:50] {cc_9} ABX will radar for rest of week.