March 11 2013

Very decent start to the week, with strong morning, couple stops midday and couple wins to finish it.



Session Time: Mon Mar 11 00:00:00 2013


[09:02] {cipher} gm
01[09:06] {Threei}  morning cipher
[09:12] {jdetente} good morning
01[09:12] {Threei}  jd :)
[09:17] {ese} morning
01[09:18] {Threei}  ese :)
[09:18] {ese} morning vad
[09:18] {Will49} good morning
01[09:19] {Threei}  will :)
[09:19] {ese} will
[09:20] {Will49} ese
01[09:24] {Threei}  http://goo.gl/7wLX1
[09:25] {Will49} lol
[09:25] {Will49} dino fed up with Mondays and isn't going to take it anymore
01[09:26] {Threei}  who can blame him
[09:26] {ese} lol
[09:27] {jdetente} daylight savings can't help...zzzz
01[09:27] {Threei}  European crisis seems to be creeping back in
01[09:27] {Threei}  I eant to start public campaign against time change
01[09:28] {Threei}  strangely enough, there is no serious attempts to get rid of this abomination, even though it's widely hated
[09:30] {ese} yup italian debt down graded
[09:30] {ese} for one thing
01[09:30] {Threei}  and more
01[09:30] {Threei}  German public starts vocing displesure with EU membership
[09:30] {ese} more expensive for the buggars to borrow.......thank you Berlisconi
01[09:32] {Threei} Short Setup: GDX  .25 break
01[09:32] {Threei}  If holds  .35
[09:34] {dptl} gm
01[09:34] {Threei}  dp :)
01[09:35] {Threei} Short Setup: CAT  .40 break hl
01[09:35] {Threei}  If holds  .50
01[09:35] {Threei}  yeah right
01[09:35] {Threei}  1:1 faster than we couldn't get in
[09:35] {cipher} ntes l .48
[09:36] {cipher} fslr l .88
[09:37] {jdetente} tricky kitty
01[09:39] {Threei}  GDX 1:1
[09:40] {cipher} out fslr -.08
[09:40] {cipher} EZCH L.78
01[09:43] {Threei} Short Setup: SLW  .75 break
01[09:43] {Threei}  GDX 1:2, out
[09:44] {dino} gm
01[09:44] {Threei}  dino accepted inevitable
[09:44] {jdetente} nice one. quick and easy. ty
[09:44] {dino} ?
01[09:44] {Threei}  yw
[09:44] {Will49} tks Vad...good start
01[09:44] {Threei}  [09:25] {Will49} dino fed up with Mondays and isn't going to take it anymore
01[09:44] {Threei}  :)
[09:46] {cipher} LQDT L.50
01[09:46] {Threei}  too soon GDX
[09:46] {cipher} fslr l.90
[09:46] {Will49} too fast slw
01[09:47] {Threei}  anyone got it?
[09:47] {patel} nope
[09:47] {patel} it jumped my entry
[09:47] {jdetente} yes
01[09:48] {Threei}  1:1
[09:48] {cipher} out lqdt -.08
01[09:48] {Threei}  1:2
[09:49] {cipher} exxi l .14
[09:49] {ese} out nsm position .73 +.43 on that 1500shs from thurs and fri last week
[09:49] {Will49} nice
[09:49] {cipher} wtg ese
[09:49] {ese} good enough
[09:50] {Will49} i guess
[09:50] {ese} can now afford that visa bill from all the beer Will drank last friday night
[09:50] {Will49} hahaha
[09:50] {jdetente} GDX wow...
[09:50] {thomcbell} long setup gnw 10.59 break if holding 10.50 Vad?
01[09:51] {Threei}  looks right
01[09:51] {Threei}  a bit slow
[09:52] {ese} and speaking of that........I OWE VAD A HUGE APOLOGY.......I assumed tha you were smokin busy vad and I neglected to invite you to the Oak Bay Beach hotel last friday............Will and I would like to invite you out to another one though
[09:52] {Will49} absolutely
[09:52] {ese} will conlfirms the beer has a chocolate taste to it
[09:53] {thomcbell} i got sick of posting the mtg - and it not working - and today the 4.95 long break was a thing of beauty
[09:53] {jdetente} out SLW on trail
[09:53] {jdetente} thanks Vad
01[09:53] {Threei}  yw
[09:53] {cipher} out fslr .00 +.10
[09:53] {Will49} very subtle (like me)
01[09:55] {Threei}  too late ese... out of despair I quit beer this weekend
[09:55] {jdetente} say it isn't so!
[09:55] {dino} take that back vad!
[09:55] {thomcbell} gnw - invalid
[09:55] {Will49} aw come on Vad... snif snif
[09:56] {nemo} mmmmhhhhh....
[09:56] {nemo} sounds like Vad has started menopause
[09:56] {ese} ese hangs head in shame.........never to be seen again
[09:57] {cipher} out exxi .29 +.15
01[09:57] {Threei}  watching LVS for pullback long entry
[09:57] {ese} ok...........well thats done enough mourning..............back to it
[09:57] {cipher} out ntes .88 +.40
[09:57] {nemo} I have to stay away from that JD....goes down waaaaaay too easy
[09:57] {cipher} out ezch .06 +.28
[09:58] {ese} bonus...........nice one C
[09:58] {cipher} thx
01[09:58] {Threei}  no pullback... ok, watching for reversal then
[09:59] {nemo} sheesh lvs
[10:00] {cipher} evep l .20
[10:00] {cipher} intu l .20
[10:01] {cipher} out intu .35 +.15
[10:04] {cipher} ntes l .93
[10:04] {cipher} intu l .33
[10:05] {dino} dks sm l .50
[10:06] {nemo} I've been watching that all morning
01[10:06] {Threei} Short Setup: LVS  .50 break hl
[10:06] {cipher} out intu +.06
01[10:06] {Threei}  If holds  .60
01[10:09] {Threei}  with any luck should be 1:3er
[10:09] {cipher} out ntes +.09
[10:10] {dino} out dks .80, +.30
[10:10] {dino} cx that no fill
[10:10] {dino} there it is
[10:11] {dino} out evep .50, +.30 ty cipher
[10:14] {cipher} np
[10:15] {Les} afternoon
01[10:15] {Threei}  les :)
[10:16] {dino} ezch sm l .20
[10:17] {Les} of frik off
[10:17] {Les} oh
[10:17] {Les} frikin yanks
[10:17] {nemo} he just call u a yank, Vad?
[10:17] {Les} changing yer hour when it suits ya
01[10:17] {Threei}  1:1
[10:17] {Les} in what?
01[10:18] {Threei}  LVS short
[10:18] {nemo} yeah, my hangover lasted an hour longer
01[10:18] {Threei}  1:2
[10:19] {cipher} ezch l .21
[10:19] {Will49} out tks Vad
[10:19] {patel} thanks Vad
[10:19] {jdetente} out tks VAd
01[10:19] {Threei}  yw
01[10:20] {Threei}  1 cent to 1#, lol
01[10:20] {Threei}  1:3
[10:20] {Will49} see the newbies run for cover:)
[10:20] {jdetente} that was the trailing stop..no?
01[10:21] {Threei}  where?
[10:22] {cipher} out evep .92 +.72
[10:22] {dino} gj
[10:22] {cipher} thx
[10:23] {jdetente} my mistake... :)
01[10:23] {Threei}  I am badly confused but never mind... it's my usual ans most comfortable state
[10:23] {Les} so what time u wake up today vad?
[10:23] {cipher} amgn l.83
01[10:24] {Threei}  same as always... thanks for asking though
[10:24] {Will49} careful les!
01[10:24] {Threei} Short Setup: GDX  37 break
01[10:24] {Threei}  If holds  .06
[10:26] {cipher} out amgn .02 +.19
01[10:27] {Threei}  BBRY puts brave face on today
01[10:27] {Threei}  Z10 launch in US March 22
[10:27] {jdetente} my mistake on the LVS trade was to move my stop to .36 when the bid was one cent from 1:3 instead of leaving it at .41
01[10:28] {Threei}  well, when it's this close, you can consider 1:3 reached...
01[10:28] {Threei}  I'd say, whe it dropped this fast, chance of a bounce becomes too big
01[10:28] {Threei}  and taking .22 was jusrified
01[10:29] {Threei}  almost 30 cents drop in two sharp bars
[10:29] {nemo} lvs long here unless spy drops
[10:31] {dino} bks
[10:31] {cipher} sial l .42
[10:32] {dino} out ezch .50, +.30
[10:32] {dino} wicked ride
[10:32] {Les} ty dino .29 on paper
[10:32] {dino} yw
[10:33] {dino} i can't borrow bks
[10:34] {ese} Sheesh:    Goldman removes QCOM from Conviction Buy List, maintains Buy rating - Source TradeTheNews.com...................read..........but you suckers go ahead and buy it anyway......
01[10:40] {Threei}  no go\
01[10:40] {Threei}  first stop
01[10:41] {Threei}  3:4
01[10:41] {Threei}  would be 4:5 if frikin CAT hadn't moved so fast
[10:41] {cipher} out sia  .55 +.13
[10:41] {cipher} sial
[10:42] {cipher} ezch s .56
[10:42] {cipher} cov .40 +.16
[10:45] {ese} dino ...you thinkin about looking at DKS again..........was onto that but somehow didn't get filled earlier
[10:46] {dino} ugh! distraction day...missing trades
[10:47] {cipher} dks l .71
[10:50] {cipher} stopped -.06
[10:50] {ese} L fcx .07
[10:51] {Les} ezch can't borrow here
[10:52] {cipher} akam l .51
[10:54] {cipher} akam stop .45
[10:55] {nemo} .40 area cipher maybe, but it's got persistent offer so far
[10:57] {Les} tna .81 on paper
[10:57] {cipher} akam stopped -.06
[10:58] {nemo} drops this area, .24 is 200 SMA
[10:58] {Les} out .95
[10:58] {cipher} akam l .43
[10:59] {cipher} chkp l.89
[11:00] {cipher} MKTX L.21
[11:02] {cipher} out akam .56 +.13
[11:03] {Les} +.07 on paper ty
[11:03] {cipher} out chkp .03 +.14
[11:03] {cipher} np les :)
[11:04] {Les} tna .99 on paper
[11:06] {cipher} shpg l.12
[11:07] {Les} out .20
[11:08] {Les} GS wedged between pivot and vwap here
[11:09] {cipher} out mktx .33 +.12
[11:10] {cipher} sfly l.72
[11:11] {cipher} out shpg .25 +.13
[11:12] {cipher} I feel like dentist today
[11:12] {cipher} pulling teeth
[11:12] {Les} why?
[11:12] {nemo} flossing with barbed wire
[11:12] {Les} stuff ain't moving?
[11:13] {cipher} it is but not enough
[11:14] {dino} dks sm l .20
[11:14] {cipher} out sfly .84 +.12
[11:15] {cipher} dks l .19
[11:16] {Will49} you'll just have to amke it up on volume cipher :)
[11:16] {Will49} make
[11:16] {nemo} fatfinger on dks
[11:16] {nemo} gone
[11:19] {cipher} dks stopped .21 +.02
[11:19] {cipher} #$% specialist games
[11:19] {cipher} done with it
[11:19] {nemo} there trying to test the whole
[11:20] {cipher} no he's trying to test my patience
[11:20] {cipher} screw him
[11:20] {dino} mine too
[11:20] {Les} they're out to get you
[11:20] {cipher} eqzaktly
[11:21] {nemo} your conversion is complete...you've come to the darkside
[11:21] {Les} gdx slw slow bleed
[11:21] {cipher} I've been there for a while
[11:21] {cipher} you just didn't notice :)
[11:22] {nemo} nah, you've now mastered the spelling
[11:22] {dino} i am the dark side
[11:22] {Will49} i am a back side
[11:22] {cipher} now I just have to learn to see dead people
[11:22] {cipher} :)
[11:22] {nemo} I'll make some for ya' cipher
[11:22] {dino} give it time...
[11:23] {dino} its like seeing blood on stocks
[11:23] {cipher} nah
[11:23] {Les} l dks .03 on paper
[11:23] {cipher} no need nemo
[11:24] {cipher} I can take care of myself
[11:24] {nemo} I specialize in soul transition
[11:26] {Les} out .17
[11:26] {cipher} nice les
[11:26] {cipher} I'll keep an eye on you
[11:27] {Les} taking my meds today ;)
[11:27] {nemo} why don't you take 4 or 5 extra
[11:27] {cipher} that usually helps :)
[11:27] {Les} why don't u &%ç off
[11:28] {nemo} now now les
[11:29] {Les} what I used alt symbols and all?
[11:29] {Les} janitor free insult
[11:29] {nemo} probably had to look at the keys though
[11:34] {ese} lol
[11:34] {nemo} http://read.bi/Ydn3WK
01[11:36] {Threei} Short Setup: CAT  .25 break hl
01[11:36] {Threei}  If holds  .35
[11:38] {Les} I'm cheering for the critter
[11:40] {nemo} thing must be scared
[11:40] {Les} picked up one of the domesticated versions from neighbour once. did the same thing
[11:40] {nemo} biting you makes sense
[11:41] {Les} teenage boys who bring em home and don't know how to look after em. There was a lot at the animal shelter
[11:41] {nemo} that's how I got stuck w/bunny
[11:44] {Les} C & GS look like they want down. FAS too. curious how this plays out
[11:44] {dino} cvi sm l .46
[11:45] {Les} what was it you said Sunday nemo?
[11:45] {Les} buy the f'in dip or some such thing...
[11:46] {dino} vlo drop
[11:46] {cipher} vlo l.41
[11:48] {cipher} out .48
[11:48] {dino} axll
[11:48] {cipher} way too soon
01[11:49] {Threei}  meh
[11:50] {cipher} axll s .40
[11:51] {dino} random dance market
[11:53] {dino} cvi stop -.27
[11:54] {Les} vlo in and out flat .46
[11:54] {Les} .25 is S3
[11:57] {cipher} cvi l .04
[11:59] {Les} vlo l .55
[11:59] {thomcbell} wprt?
[12:00] {dino} gj cipher cvi
[12:02] {Les} out .66
[12:02] {cipher} out cvi .58 +.54 thx dino
[12:03] {dino} np
[12:04] {ese} L fcx avg .08
[12:06] {cipher} cov axll .45 -.05
[12:08] {cipher} cvi s .69
[12:10] {cipher} cov .50 +.19
[12:11] {Les} vlo l .31
[12:11] {Les} stop
[12:12] {Les} .11
[12:12] {Les} -.11
01[12:12] {Threei} Short Setup: SLW  .15 break
[12:13] {cipher} VLO L .25
[12:13] {cipher} out .33 thx les
[12:13] {Les} long vlo .31 last go
[12:14] {cipher} cvi drop
[12:14] {cipher} cvi l .17
[12:14] {ese} for crying out loud FCX.................GET UP THERE!!!!!!!!!   vad you got like a 2X4 for sityeeations like this don't ya?........may i borrow it please
01[12:15] {Threei}  2x4 is for shorts...
[12:15] {ese} the chocolate waterfall at conventions moves faster that this lot
[12:16] {ese} ahhhhh   what do you use for longs then
01[12:16] {Threei}  heavy duty steel toe army boots
[12:17] {ese} hmmmmmmm..........ok
[12:17] {ese} would be effective or sure
[12:17] {dino} cipher, a refinery ting taking hits cvi, vlo
[12:18] {cipher} stopped cvi .19 +.02
[12:18] {cipher} thx for heads up dino
[12:18] {dino} yw
01[12:19] {Threei}  FCX is not a usual suspect anymore
01[12:19] {Threei}  it becomes a stock of interest on strong moves,
01[12:19] {Threei}  but it doesn't move as it used to on a daily basis
01[12:20] {Threei}  you remember times we played it every day, a few times a day
01[12:20] {Threei}  not anymore, it became too narrow
01[12:21] {Threei}  basket of usual suspects changes
[12:21] {ese} am finding that out..........beta of less than 1 i'm thinking
[12:21] {cipher} calling it a day
[12:21] {Les} cheers
[12:21] {cipher} see u tomorrow
[12:21] {Will49} don't be blue cipher
[12:21] {cipher} lol
[12:21] {dino} cya cipher
[12:21] {ese} what 5 grand not good enough anymore
[12:21] {ese} cya
[12:21] {cipher} gotta go count da moolah
[12:21] {Les} :(
01[12:22] {Threei}  need an abacus?
[12:22] {cipher} lol
[12:22] {cipher} I remember those
01[12:22] {Threei}  no joke... two calculators in the house died,
01[12:22] {Threei}  looked around, found thrid, old one... borken too
[12:23] {ese} too funny
01[12:23] {Threei}  looked more, and found toy abacus, lolk
[12:23] {ese} theres one on your computer
[12:23] {cipher} there is a calculator app vad
01[12:23] {Threei}  handed it to wife, saod "there"
01[12:24] {Threei}  computer isn't good, whole floor in another room is covered with papers to soprt and do the math
01[12:24] {Threei}  need something in hand
[12:25] {ese} your an engineer for crying out lud man..........use your calculus
[12:25] {dino} i buy them at dollar tree stores. $1 for basic 4x4 calclator. they last about 6 months, then throw it out
[12:26] {ese} apply some derivtives....limts.....and come up with a basic profit...thats all
[12:26] {dino} cvi drop
[12:27] {patel} in slw
[12:27] {ese} fcx freeport McMorran is not Free! port McMoney anymore....thats for sure
03[12:27] * Retrieving #discussions modes...
[12:29] {ese} cc rider having trouble getting on the board looks like
[12:29] {ese} I like his handle.......cc in Canada is Canadian Club Whiskey
[12:30] {Will49} mind on the bottle again
[12:30] {ese} beer
01[12:30] {Threei}  "again" suggests it ever left
[12:31] {Les} VLO 15 min Macd turns green here
[12:31] {Les} still long .31
[12:31] {Will49} now that I've seen him drink...i'm not so sure
[12:31] {ese} ah hem............there could be some truth in that
[12:31] {dino} dks gap fill dec.
[12:33] {Will49} if cc is having trouble, i could call him
[12:33] {ese} wheres he live
[12:33] {Will49} nevis
[12:33] {ese} ?
[12:33] {Will49} or hong kong
[12:33] {ese} lol
[12:35] {ese} there on the 36 and a 1/2 hour clock aren't they over there
[12:36] {Will49} put the beer down ese
01[12:36] {Threei}  lol:
[12:36] {ese} nah........still the hnagover from friday night
01[12:36] {Threei}  There was a tremendous turnaround in the market today. A stock brocker who jumped out of a window on the twelfth floor, saw a computer screen on the seventh floor and did a U-turn.
[12:37] {ese} lol
[12:37] {Will49} hahaha
[12:37] {patel} lol
[12:37] {cc_8} lol
[12:37] {ese} cc rider.....ya made it
[12:37] {Will49} you OK now cc?
[12:37] {cc_8} haha i think so
[12:37] {Will49} I was ready to call and help you out :)
[12:38] {ese} been there........but normally it's because vad won't let me on becasue of something i've insinuated
[12:38] {ese} or forgot to invite him to
[12:39] {cc_8} lol will
[12:39] {ese} freeport McMoney!!!!!! boyut time too
01[12:40] {Threei}  SLW stop .21
[12:43] {Les} vlo stop to .50
[12:43] {Les} .60
[12:45] {Les} .70
[12:46] {Les} stopped .69
[12:46] {Les} ty dino and ty Nemo. That was a Nemo bullish reversal +.38
[12:47] {dino} np
[12:52] {ese} out fcx ,22 +.14
01[12:52] {Threei}  ever since opening activity was over, no single decent signal
01[12:52] {Threei}  hate these slow creep-up days
[12:52] {ese} ok ....can now afford another night ouyt beer drinkin with Will........Vad you in?
[12:53] {dino} akam sm l .00
01[12:53] {Threei}  not right away, I still fight the hangover from the last one
[12:54] {ese} good thing too........when he jumped into the spa pool naked we almost got kicked outta the place
[12:55] {ese} because it was his first time there.........they gave him a break
[12:56] {Will49} now that slw crapped out i can't afford to go again
[12:56] {Will49} spa maybe
[12:56] {ese} lol
[12:56] {dino} akam stop -.32
[12:56] {Les} would like to go long on GDX. pivot and VWAP resistance at 37.00/.01 with MACD turning positive
[12:57] {Les} but not showing strength yet
[12:59] {ese} nice play vlo Les......finally got a chance to look at it
[13:01] {Les} thanks. chicken trails were correctly aligned
[13:02] {Les} entrails
01[13:03] {Threei}  hmmm... chicken trails vs. chick entrails...
[13:03] {Les} each have their relative intelligence I guess
[13:05] {Will49} i don't have any intelligent relatives
[13:05] {Les} on paper though ese. looking into dino & cipher setups for future trading
[13:11] {Les} china finds 2000 dead pigs in shanghai water source but deny there is pollution hmmm
[13:12] {ese} ya saw that............bizzare for sure
[13:13] {Les} yeh wondering why farmer would dump 2k animals
[13:14] {Will49} Jewish farmer going orthadox?
[13:18] {ese} will I invited vad for a grimbergen but he turned me down........i then had to come clean about your antics last friday(see above)...and now he's not coming for sure
[13:19] {dino} akam sm l .00
[13:19] {Will49} yeah..saw that! Can't keep a secret eh?
[13:19] {ese} lol
[13:19] {Will49} you've probably screwed up my invitation to the BBQ too
01[13:20] {Threei}  actually, I am thinmking of installing a pool till then
[13:20] {ese} I tell vad everything........can't keep secrets from the man
[13:21] {Will49} don't believe ese. He's vying to become your favourite to replace me
[13:21] {ese} L akam.00
[13:23] {ese} out akam .17 +.17......good enough with the amount of shs
[13:23] {Les} .11 ty dino
[13:23] {dino} gj
[13:23] {ese} tks dino
[13:23] {Les} vad lvs
01[13:24] {Threei}  ?
[13:25] {Les} already foregotten
01[13:25] {Threei}  that was fast
[13:26] {Les} learning from the best
01[13:36] {Threei}  (VE) US Govt expels two diplomats from Venezuela- Reminder: Following Hugo Chavez death last week, Venezuela accused the US of trying to overthrow the Govt and expelled some US officials
[13:39] {Les} s IWM .69 on paper
[13:39] {Les} spy
[13:39] {Les} sorry
[13:45] {Les} 1:1 partial
[13:45] {dino} out akam .50, +.50
[13:45] {Les} gj was thinking short but left it alone there
[13:45] {Will49} nice dino
[13:48] {dino} ty
[13:52] {ese} done for the day all...........it's been a great way to support will's beer habit
[13:53] {ese} well done dino
[13:53] {ese} cya
[13:53] {Les} cheers ese
[13:54] {Will49} glad he's gone :)
[13:54] {Will49} now maybe i can repair my reputation
01[13:55] {Threei}  easy - just tell us whet HE did after that 14th tall glass
[13:56] {Will49} i lost track of everything after 2 (glasses)
[13:56] {Les} cheap drunk
[13:57] {Will49} :)
[13:57] {Les} iwm covered .05 for a scalp my stomach is rumbling bon appetite
[13:57] {Will49} scalping makes your stomach rumble?
[13:58] {Will49} Vad, has shaw gone out up there?
01[14:00] {Threei}  no
[14:00] {Will49} tks
[14:11] {nemo} http://onforb.es/ZfRA5u
[14:16] {Les} doing the gun lobby a favor
[14:17] {Les} GS dt seupt?
[14:17] {Les} setup
[14:17] {Will49} just unbe-frikken-lieveable
[14:18] {Les} sorry C not GS
01[14:18] {Threei}  unless breaks .80
[14:19] {Les} giddy up
[14:21] {nemo} o.k. if you are nuts short C here
[14:23] {Les} :P
[14:24] {Les} http://tinyurl.com/al3n626
[14:24] {Les} I guess Abe could stoke japanese inflation via war with china
[14:26] {nemo} spy to 156
[14:30] {Les} s gs .08 stop .20
[14:30] {jdetente} Calling it a day gents. Everyone have a good one.
[14:31] {Les} bye jd
[14:31] {dino} cya
[14:31] {Will49} peace jd
01[14:32] {Threei}  take care jd
[14:33] {Les} covered +.17
[14:33] {Les} meeh
[14:34] {Les} C made it .10 higher...
[14:34] {Les} unclean setup
[14:34] {nemo} SPY couldn't get past .95
[14:42] {nemo} IC&H C?
Session Close: Mon Mar 11 14:44:54 2013

Session Start: Mon Mar 11 14:44:54 2013
Session Ident: #discussions
02[14:44] * Disconnected
02[14:44] * Attempting to rejoin channel #discussions
03[14:44] * Rejoined channel #discussions
[14:45] {dino} geeze, no spikes or hard drops
01[14:47] {Threei} Short Setup: LVS  .35 break
01[14:47] {Threei}  If holds  .45
[14:47] {nemo} here's 156, see if they pop stops
[14:53] {dino} adding vxx apr calls
[14:59] {Les} half out ty sir
[14:59] {Les} covered half rather
01[14:59] {Threei}  1:2
01[14:59] {Threei}  :1
01[14:59] {Threei}  yw
[15:03] {nemo} lvs could bounce around .15
[15:03] {Les} yeh wondering if wanna be greedy and go for .00
[15:03] {Les} the main actors aren't saying go hard
01[15:03] {Threei}  wheich is where 1:2 comes...
01[15:03] {Threei}  fine by me
[15:04] {nemo} you have an earlier low and the R2 there
01[15:04] {Threei}  here we go
01[15:04] {Threei}  my a$$ is out
[15:04] {nemo} C
[15:04] {Les} yeh thank you sir
[15:05] {Les} there goes GS
[15:06] {patel} out of it.
[15:06] {patel} Thanks VAD :)
[15:06] {Will49} out tks vad
[15:06] {dino} cov lvs +.12, ty vad
[15:06] {nemo} you talkin' the stock or your mental state patel?
[15:06] {Les} hehe
[15:06] {patel} haha
[15:06] {patel} mental state
[15:07] {Les} wam you just stuck yer neck out there
01[15:07] {Threei}  yw
[15:08] {Les} index long for another EoD market save I ponder? IWM At vwap
[15:09] {dino} gut says down
[15:09] {nemo} finnies look a tad weak
[15:09] {Les} yeh GS ain't happy is it
[15:11] {nemo} I hate August trading
[15:12] {dino} me too
[15:14] {nemo} looks like up now
[15:15] {nemo} but C letting go
[15:16] {Les} small gs long .84
[15:18] {Les} exit +.03
[15:18] {Les} ain't waiting
[15:20] {Les} and again clearer stop now
[15:21] {Les} out -.11
01[15:26] {Threei} Short Setup: C  .50 break
01[15:26] {Threei}  If holds  .60
[15:37] {patel} stop still .60
01[15:38] {Threei}  for now
01[15:38] {Threei}  let's trail after it loses .45
01[15:38] {Threei}  now
01[15:38] {Threei}  and don't scalp
01[15:39] {Threei}  it can do 1:2 or 1:3 easy
[15:39] {nemo} probably to .20
01[15:39] {Threei}  1:1
[15:40] {dino} cov c +.10, ty vad
01[15:40] {Threei}  yw
[15:40] {nemo} wow...dino...
[15:40] {dino} ?
[15:41] {nemo} you covered at 1:1
[15:41] {dino} yeah, fl, vad trade
[15:44] {Les} http://www.youtube.com/watch?v=jllJ-HeErjU
[15:44] {nemo} I remember that
[15:45] {Les} had to check the year couldn't remember
[15:45] {nemo} 3 years ago I think
[15:48] {dino} my exit looks pretty good now
01[15:48] {Threei}  yeah
01[15:50] {Threei}  ok guys, last dance for today: http://www.youtube.com/watch?v=2z9qjq7WrWQ
01[15:50] {Threei}  and let's have a good evening
01[15:50] {Threei}  thatnk you all, see you tomorrow
[15:50] {Will49} pretty good day...all in all
[15:50] {dino} cya vad
[15:50] {Will49} tks vad
01[15:50] {Threei}  it is, yw
[15:51] {Les} cheers cranky that I was late and missed the good setups
[15:51] {Les} I blame nemo
01[15:51] {Threei}  who doesn't
01[15:51] {Threei}  take a number
[15:51] {Les} what's with this music?
01[15:51] {Threei}  what music?
[15:52] {Les} your link
01[15:52] {Threei}  there is music?
[15:52] {Les} yeh
[15:52] {dptl} to many pills Les lol
[15:52] {Les} http://www.youtube.com/watch?v=QK8mJJJvaes
[15:52] {Les} here soemthing to boogy with
[15:52] {dptl} gn all
[15:53] {Les} cheers
[15:55] {thomcbell} lvs what a nutty stock

Nemo's Findings, week of 3/11/2013

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

The week that was:

As you can see for Monday  we were basically range bound where the top was inhibited seemingly by the QR2 on IWM.  Action then descended into the lunch hour where the SPY bottomed in the confluence between the -27.2 of the November low and the YR1, while the IWM bottomed at the 23.6 of the December 31st low, at the same time FAS was forming a bottom at the day's open.  All different time frames or level types, but hit them all at the same time.  After that, the day became a trend day finishing at the highs.

Here's what I was looking at when it bottomed today:

As you can see, there are bullish hammers at the bottom in the IWM and SPY.  In FAS it was a bullish engulfing. It's noteworthy that really good trades show up in somnolent days and often at lunchtime.

Tuesday in the pre-market we eclipsed the highs for the year in the SPY and the DIA...Europe was up BIG! and stayed that way.  The Dow hit an all time nominal high.  What more is there to say, onward and upward, although, some pullback here might be expected.  Same thing happened at lunch-time today also, finnies IWM and SPY bottomed.  There is now significant support at the 153.70-153.90 area.

And the unemployment numbers kept the markets going higher on Thursday, but we had one of the narrowest ranges in a long time (this frickin' font crap-sorry).  

Anyway, Friday was the jobs report, which was the day after we found out all but one financial institution passed the financial stress test.  Btw...fine print on the stress test:  it was for a mild-moderate recession.  There is a 2nd part to the test to be published next Thursday.  Look at how strong the trend was starting from Tuesday, and accelerated on Friday.  Now, in typical bullmarket fashion, the market bottomed in the morning and then began to grind up.  It did sell off a little after the close, but not sure that means anything.  Having said that...

This is the list of tracking stocks I follow.  Notice who finished at the bottom today, down 2.9%?  The Vampire Squid-the canary in the coal mine-GS.  Who finished at the top?  The Redheaded step-child of the financials-Citi.  Monday could be interesting, but it's BTFD! until it isn't.  

O.K here's next week.  Oh, the yellow fibonacci line is a symmetrical extension of the 12/31 low to 2/19 high placed at the low of the last retrace low on 2/26 .  Since we're in pretty rarefied air up here, I've placed it in to see where price action might go on this run up.  Notice , where SPY topped out-the confluence of the Monthly R2, and the 50% extension.  Noticed where FAS topped out-the 38.2 line (which is actually the 61.8 extension  (100-38.2=61.8)  ;-) :

 

 

 

Market Week Wrap-up

TradeTheNews.com Weekly Market Update: DJIA Marks All-Time High on Better US Data


- Global equity markets racked up very strong gains this week as the Dow Jones Industrial Average marked a new all-time high, and most other US and European indices are near 5-year highs. On Tuesday the DJIA closed at 14,253.77, surpassing the prior all-time high of 14,164.53 seen in October 2007. The index made subsequent record highs for the next three sessions, closing the week up 2.2% at 14,397. The S&P500 gained 2.2% and the Nasdaq added 2.4% on the week. There was little to no negative news to get in the way of the risk-on tone, and the Italian electoral crisis quickly faded from headlines despite the lack of progress in forming a government in Rome and a downgrade of Italy's sovereign rating by Fitch on Friday. There were virtually no changes in rate decisions by the ECB, BoE, BoC and the BoJ. Analysts were struck by ECB Governor Draghi's slightly less dovish tone during the post rate-decision press conference. US economic data was very good, most notably the excellent February jobs report. The US February ISM non-manufacturing composite rose to its highest level since last February. The Shanghai Composite was about the only major market not to see appreciable gains on the week. China's new government announced a slate of regulations to help cool down real estate prices, including a new 20% tax on home sale profits, higher down payments for second homes and higher interest rates on mortgages. In addition, the NDRC set its 2013 GDP target at 7.5%, which was unchanged from 2012.

- The February US jobs report was unambiguously positive: both non-farm and private payrolls widely beat expectations at +236K and +246K, respectively, and the unemployment rate fell to 7.7% from 7.9%. The non-farm payrolls number is very close to the 250K level that economists believe is needed for sustained reductions in joblessness. Clearly the February jobs report is unlikely to move the pendulum in terms of Fed policy. However the report indicates the jobs market is moving closer to the "substantial improvement" the Fed has set as the criterion for reducing its asset purchases. Commentary from Fed governors and board members suggest that the earliest this might take place is later in 2013, after the danger of another mid-year economic soft patch is past. After the data the dovish Chicago Fed President Charles Evans noted that the jobs market still has some way to go and he would like to see 200K+ payroll gains for six straight months. Goldman Economist Jan Hatzius commented that a long period of job reports similar to the February data would force the Fed to rethink the current course.

- The US 10-year Treasury yield moved out the highest level in nearly a year following the strong employment report on Friday. Prices quickly came off their lowest levels, but at 2.05% the benchmark rate backed up 20 basis points on the week. Fed fund futures prices ticked lower but still don't fully price in a rate hike until 2015.

- The Federal Reserve released the results from its stress tests of 18 systemically important financial institutions. Only one firm, Ally Financial, did not pass the tests, which simulated a very severe recession. There were surprisingly weak showings from Goldman Sachs, Morgan Stanley and JP Morgan, while Bank of New York, State Street and American Express were the best performers. The big winner was Citigroup, which failed the stress test last year. Citi passed with a good result this year and the bank's shares rose nearly 9% on the week.

- Berkshire Hathaway has released its annual shareholder's letter, warning holders that it may end its long streak of outperforming the S&P500 this year. More specifically, Berkshire's book value per share may underperform the growth in the S&P 500 when measured over a five-year period. Warren Buffett said he is looking for more big deals similar to the H.J. Heinz buy, but not in the consumer products sector.

- Shares of JC Penney lost even more ground this week after the company said it would sell 10M shares held by shareholder Vornado, which holds 23.4M shares of JC Penny stock. Reports later in the week asserted that the company had cut another 1,500 jobs to save costs. Shares of JCP fell about 15% this week.

- Dell's going-private deal got a lot more complicated. Carl Icahn took a 6% stake in the company and joined the ranks of Dell holders that are expressing dissatisfaction with the current $13.65/share LBO plan advocated by founder Michael Dell and Silver Lake. Icahn called on the board to pursue a leveraged recapitalization and pay out around $15 billion in special dividends. The board responded by asserting that they are pursuing a thorough search for alternative offers in the go-shop period.

- It was a quiet week for M&A news, with few notable deals. Private equity firm KKR reached a deal to acquire Gardner Denver for $76/share in cash, in a total deal valued at $3.74B. Teen retailer Hot Topic agreed to be acquired by Sycamore Partners for $14.00/share in cash, in a deal valued at $600M.

- The euro continued to face headwinds. EUR/USD was more or less contained within the 1.30 handle for the week through the ECB rate decision on Thursday morning. Dealers noted that someone active in the market seemed to be trying to keep Euro above 1.30 level. There had been some expectation that the ECB would lay the groundwork for more rate cuts at the press conference, however Draghi's less-dovish comments seemed to take the possibility of near-term cuts off the table. The ECB Staff projections adjusted the growth forecast modestly lower. EUR/USD climbed to around 1.3100-1.3130, and reversed all gains following the US payrolls report, closing out the week more or less where it began, around 1.2980.

- The yen returned to its gradual weakening trend, aided by the stronger dollar. USD/JPY closed out the week at its highest level since August 2009 and briefly tested above 96. The BoJ policy meeting was uneventful: rates were left unchanged and the asset purchase program was not altered, while the bank upgraded its economic assessment for the third consecutive meeting. Outgoing BOJ Governor Shirakawa ended his term and his successor, Mr. Kuroda, is expected to be approved next week.

- The trend for the pound remained weak despite a brief move higher on Tuesday. The BoE rate decision saw no changes in policy. The consensus was for no QE increase, however there the price action suggested there were some bets the other way as GBP/USD rose ahead of 1.5150 early on. By Friday, GBP/USD hit its lowest level since July 2010 as the US economic picture brightened.

- The Canadian Dollar was softer following the BoC rate decision and accompanying dovish statement. USD/CAD moved above 1.0330 after the BoC said that "considerable" amounts of stimulus would remain appropriate for "a period of time."

TradeTheNews

March 08 2013

Very nice morning and very boring afternoon. Ending up, with no losing days this week.


Session Time: Fri Mar 08 00:00:00 2013
[08:37] {patel} Good Morning
01[08:48] {Threei}  morning patel
[09:02] {dptl} gm
01[09:02] {Threei}  dp :)
[09:03] {dino} gm
[09:04] {Les} morning
01[09:04] {Threei}  dino, les :)
[09:04] {Les} ty for the color correction lesson. Here I thought it was the camera
[09:05] {Les} a bad tradesman always blames his tools :)
01[09:05] {Threei}  :)
[09:05] {dptl} i blame Nemo
01[09:06] {Threei}  who doesn't
[09:06] {Les} amen
01[09:06] {Threei}  saying in russian... "Nuts get in the way of a bad dancer" {G}
[09:06] {dptl} lol
[09:07] {dptl} sounds even funnier in english
[09:10] {ese} morning
01[09:10] {Threei}  ese :)
[09:11] {dptl} esssssssssssssssssssssssssssssseeeeeeeeeeeeeeeee
[09:11] {ese} rotflol
[09:11] {dptl} lol
[09:11] {ese} touche
[09:11] {dptl} finaly i came in before you
01[09:12] {Threei}  actually, he came in before you just for this
[09:12] {dptl} lol
[09:13] {ese} dcc vad p;ease
[09:14] {jdetente} Good morning
01[09:14] {Threei}  jd :)
[09:15] {ese} too funny ....good one dp
[09:15] {dptl} :)
[09:17] {scottie} good morning
[09:17] {Will49} gm
[09:17] {ese} sssssssccccccccoooooooottttttttttiiiiiiiiieeeeeeeeee
01[09:17] {Threei}  scottie, will :)
[09:18] {ese} i missed dp this morning so i had to do that to someone
[09:18] {dptl} gotcha :)
[09:20] {dino} nav valued added research, rbs raises to 34 from 24. yesterday it went up 7 points to 32. lol
01[09:21] {Threei}  lol
[09:21] {ese} thats a wow.......normallly that doesn't happen
[09:22] {scottie} hi ese lol
[09:23] {ese} anytime
[09:26] {cipher} gm
01[09:27] {Threei}  cipher :)
[09:31] {thomcbell} long setup ai - 25.55 long break if holding 25.45
[09:33] {Les} iwm opens at R3
[09:33] {Les} spy above
01[09:33] {Threei} Short Setup: SLW  .80 break hl
[09:33] {cipher} GTLS L .52
01[09:33] {Threei}  If holds  .90
01[09:33] {Threei} Short Setup: GDX  .55 break
01[09:33] {Threei}  If holds  .65
01[09:34] {Threei}  SLW 1:1
01[09:34] {Threei}  GDX 1:1
01[09:35] {Threei}  SLW 1:2
[09:35] {Les} wow fast and furious
[09:36] {Will49} and good
01[09:37] {Threei}  GDX 1:2
01[09:37] {Threei}  SLW 1:3, out
01[09:37] {Threei}  let's go home
[09:37] {Will49} :)
[09:37] {patel} nice call on SLW.
[09:37] {jdetente} happy friday time to hit the bar hehe
[09:38] {jdetente} good calls Vad. ty
01[09:38] {Threei}  lol, really
01[09:38] {Threei}  yw
[09:38] {cipher} SCTY L .33
[09:38] {dino} cipher nice gtls out +.40 too soon
[09:40] {cipher} EBAY S .50
[09:40] {cipher} cov .34
[09:42] {ese} out cat .61 +$1.11 400 shs from yesterday
[09:42] {cipher} aaww l.10
[09:42] {Les} niiice ese
[09:42] {ese} tks
[09:42] {cipher} sorry aaww l.00
[09:42] {Will49} beauty ese
[09:43] {ese} am still long nsm .30
[09:43] {ese} from yesterday
[09:44] {cipher} out gtls .23 +.71
[09:44] {cipher} out aaww -.10
[09:45] {cipher} CREE L .02
01[09:47] {Threei} Short Setup: JPM  .95 break
01[09:47] {Threei}  If holds  .05
01[09:48] {Threei}  1:1
[09:49] {cipher} ctsh l.11
01[09:49] {Threei}  1:2
[09:50] {Les} ty out sir
[09:50] {Les} GS extreme move too
[09:51] {Will49} tks Vad
01[09:51] {Threei}  yw
[09:51] {Les} miners breaking out
[09:51] {dino} gs upgraded
[09:52] {cipher} petm l.91
[09:53] {Les} scalped jpm on the rebound
[09:53] {cipher} out ctsh .31 +.20
[09:54] {dino} elli sm l .50
[09:55] {cipher} elli l .51
06[09:59] * Threei slaps nemo around a bit with a large alarm clock and a frozen rabbit
[09:59] {nemo} up late, lost power
[10:00] {nemo} less filling, taste great
[10:00] {nemo} which way to the zoo
[10:00] {cipher} out petm .12 +.20
[10:00] {nemo} for those keeping score at home SPY touched MR2 and dropped
[10:01] {cipher} out elli -.12
[10:01] {nemo} so banks sell off on good news  market sell off on good job news, guess everybody thinks the punch bowl is gonna' get pulled
[10:01] {dino} evep sm s .06
[10:02] {cipher} AAWW L.56
[10:02] {Will49} gld ripping
01[10:02] {Threei}  miners caught a bid though
[10:06] {Les} 10 day resistance .50 gdx
[10:06] {Les} pivot just under .30
[10:08] {cipher} GTLS L .71
[10:11] {cipher} out .50 -.21
[10:12] {dino} evep to b/e
[10:13] {cipher} GTLS L.60
[10:15] {dino} evep stop flat
[10:15] {cipher} IBB L.17
[10:16] {cipher} OUT SCTY .66 +.33
[10:16] {cipher} out CREE .12 +.10
[10:17] {thomcbell} lvs rallies back to resistance
[10:19] {nemo} GS at S3
[10:23] {Les} got it on paper thanks
[10:23] {ese} l ctrp .42
[10:24] {dino} fl sm l .26
[10:25] {cipher} out gtls .29 +.58
[10:25] {Will49} nice C
[10:25] {Will49} cipher
[10:25] {cipher} out ibb .47 +.30
[10:25] {ese} out ctrp .45 +.03 nah....that was a mistake no momo there
[10:26] {Will49} no mojo either
[10:26] {cipher} out aaww .42 -.14
[10:27] {dino} tecua drop
[10:28] {ese} hmmmmmm......i would say don't listen to me anymore.......ctrp ya peice a...;well you know what
[10:28] {nemo} well, pullback over
[10:29] {ese} looks like it nemo
[10:29] {dino} out fl .76, +.50
[10:29] {ese} well done dino.........tis to be expected
[10:30] {ese} damn.......what did i miss with ctrp
[10:30] {cipher} TECUA L .97
[10:31] {ese} vad i don't like your game anymore..........that was not nice
[10:31] {ese} totally unfair totally
01[10:31] {Threei}  hmm?
01[10:31] {Threei}  what was?
[10:31] {ese} ctrp
[10:31] {cipher} GLNG L .90
01[10:32] {Threei}  I must be sleeping still... not getting it
[10:32] {ese} went long ctrp .42 and all of a sudden momo stopped dead in it's tracks.........i get out and bang
[10:33] {ese} i'm just crying over spilt milk
01[10:33] {Threei}  oh, you mean my "prevent ese plays frpm being profitable" button
[10:33] {ese} nothing to wory about..........i'm ok
[10:33] {ese} lol
01[10:33] {Threei}  sorry, I just accidentally lean on it about 5 times a day
[10:33] {ese} ya thats the button
[10:34] {ese} lol
[10:34] {dino} nav sm s .30
01[10:34] {Threei}  each time is pure accident
[10:34] {cipher} out GLNG .05 +.15
[10:35] {ese} ya sure....ya sure.........i've heard that before
[10:37] {cipher} ctrp s .63
[10:38] {cipher} out tecua -.22
[10:38] {dino} nav stop .50 -.20
[10:40] {cipher} nav l.49
[10:41] {dino} tecua sm l .47
[10:46] {Les} nav VWAP .13
[10:47] {nemo} nav drop of the whole
[10:47] {nemo} wow, that was fast
[10:49] {cipher} cov ctrp .46 +.17
[10:49] {dino} nav big rinse
[10:51] {cipher} GLNG L .87
[10:53] {dino} in
[10:55] {dino} rprx spike
[10:57] {dino} out tecua .97, +.50
[10:58] {dino} dks
[10:59] {cipher} YY L.01
[11:00] {cipher} dks l .83
[11:00] {ese} nemo ..your the expert in this but i would call this a turn around til the spyders get above the vwap around 155 and change..........does seem right to you
[11:00] {ese} does that
[11:01] {nemo} watch coh here
[11:02] {nemo} idnexes just under vwap, and flattening, looks lower but don't know how much.  europe closes 1/2 hour, then we find out
[11:02] {ese} tks
[11:03] {ese} just considering adding some more nsm at some point
[11:03] {cipher} out dks .00 +.17 thx dino
[11:04] {ese} poor guy.......been there when vad just doesn't like you anymore
[11:04] {ese} can't get onto the board no how
[11:05] {cipher} dks s.00
[11:06] {cipher} cov .90 +.10
[11:06] {dino} gj np
[11:07] {ese} am starting to look at you as control from James Bond  cipher........"C"........striking anywhere with a licence to profit
[11:08] {cipher} out yy .41 +.40
[11:08] {Will49} top gun
[11:08] {ese} crap man.........your going to be a multi millionaire by the end of this year
[11:08] {cipher} NSM L .56
[11:09] {cipher} I wish
[11:09] {Will49} don't distract our top gun
01[11:09] {Threei} Long Setup:  HRS  .20 break sm shares
01[11:09] {Threei}  If holds  .05
[11:10] {cipher} CHTR L .18
01[11:11] {Threei} Long Setup:  PRU  .65 break
01[11:11] {Threei}  If holds  .66
01[11:11] {Threei}  .55
[11:11] {ese} that should about do it nemo.........yes / no.......spyders abouve 155
[11:12] {ese} do you base alot of your tradin decisions on what happening either side of the index vwap's
[11:12] {ese} nemo
[11:13] {cipher} in hrs
[11:14] {cipher} my kind of play
[11:14] {dino} out gnlg .03, +.13, ty cipher
[11:14] {cipher} np
[11:14] {nemo} not necessarily ese, but vwap is important for institutions...they use that as a gauge against the price they get for an order
[11:15] {cipher} out glng .04 +.17
[11:15] {ese} tks........have been looking at that alot more lately......since jan 1 basically......been pretty successful with it
[11:16] {cipher} still in tecua dino?
01[11:16] {Threei}  just don't forget to post your plays based on that so I could lean accidentally on that button
[11:16] {ese} lol
[11:16] {ese} for sure
01[11:16] {Threei}  no go PRU
01[11:17] {Threei}  HRS 1:1
[11:17] {cipher} tecua to 25
[11:17] {ese} cipher........what screen are you using to turn up plays like HRS
[11:17] {ese} nice one by the way
[11:17] {cipher} you mean hat app?
[11:18] {ese} whats that
[11:18] {ese} ohhhhhhh.......i get it
01[11:18] {Threei}  here is that screen ese:
[11:18] {ese} ha ha
01[11:18] {Threei}  [11:09] {Threei} Long Setup: HRS .20 break sm shares
01[11:18] {Threei}  [11:09] {Threei} If holds .05
[11:18] {cipher} yep it was va's call
[11:18] {cipher} but I use a scanner
01[11:18] {Threei}  he has me on ignore cipher, you see
[11:18] {cipher} vad's
[11:18] {ese} opps ....missed that
[11:19] {cipher} no kidding
01[11:19] {Threei}  so he didn't see my call but saw your entry
[11:19] {ese} i will never hear the end of this one
[11:19] {cipher} are you in ese?
[11:19] {ese} i'm not in.......
[11:19] {cipher} sorry :(
[11:19] {ese} just thought it was a great call
[11:19] {cipher} out tecua +.40 thx dino
[11:20] {ese} at this point .....all I know is that i'm in trouble
[11:20] {ese} and will have problems like patel getting on the board
01[11:21] {Threei}  optimist...
01[11:21] {Threei}  he thinks that's where his problems will end...
[11:21] {dino} tecua out at .97 awhile ago cipher
[11:21] {ese} once vads anger subsides a little and revenge motives start to take over for me not paying attention
[11:22] {nemo} cnx short below the whole
[11:22] {cipher} out hrs .40 +.22 thx vad
01[11:22] {Threei}  yw
[11:22] {ese} ese ducks.........looks both ways
[11:23] {dino} chtr
[11:25] {scottie} gotta go, tks Vad, have a nice weekend all
[11:25] {ese} cya scottie
01[11:25] {Threei}  have a good one scottie
[11:25] {nemo} up we go
[11:26] {scottie} ese
[11:27] {patel} out of HRS +.17 thanks VAD.
[11:27] {Les} ty CHTR dino got the right entry under 87
[11:27] {dino} nice
[11:28] {cipher} chtr +.67 thx dino
[11:28] {dino} gj
[11:28] {cipher} wow les you beat me
[11:28] {dino} i only got .30 on it, but fat .30
[11:29] {cipher} congrats
[11:29] {dino} fast
[11:29] {Les} yeh what I'm working on on paper cipher entries above all
[11:29] {Les} too many late entries following your calls today
[11:29] {nemo} vix dropping, nobody hedging
[11:30] {cipher} chtr s .82
01[11:32] {Threei}  crap... skipped AIG .40 break
[11:33] {dino} elli to .74 all dayer
[11:35] {dino} f it, make it .80
[11:35] {Les} pivot at .84 holding it bac
[11:35] {Les} back
[11:36] {dino} yes, see it
[11:36] {dino} should get .00 if breaks
[11:36] {dino} but protecting +.30
[11:37] {dino} to .88
[11:38] {dino} to .92
[11:38] {cipher} cov chrt .32 +.50
[11:38] {cipher} chtr
[11:38] {dino} lol, reverse slip for once out .94, +.44
[11:39] {dino} ok, taking a break, eyes tired
[11:40] {cipher} chtr l .70
[11:42] {cipher} out .80
[11:53] {cipher} chtr s .64
[11:56] {cipher} stopped .61 +.03
[12:00] {dino} ,.
[12:00] {cipher} asml l.69
[12:01] {dino} corn spike
[12:04] {cipher} chtr l.76
[12:06] {cipher} corn l.59
[12:11] {dino} nice entry
01[12:12] {Threei}  *(IT) FITCH DOWNGRADES ITALY
[12:12] {cipher} out corn .89 +.30 thx dino
[12:12] {cipher} weird stock
[12:13] {Will49} Italy....shocked ah say..shocked!
[12:13] {dino} np
[12:18] {cipher} out asml .60 -.09
[12:19] {dino} nemo, we got lucky, only 3' of snow from storm
[12:19] {dino} 3"
[12:19] {nemo} still snowing here up to 8" so far
[12:20] {Les} SLW looks like it wants to revisit lows this arvo
[12:20] {dino} hit heavy about 50 miles se of me
[12:20] {cipher} ASML L.51 scalp only
[12:24] {cipher} out asml .56 +.05
[12:24] {cipher} out chtr .28 +.52
01[12:36] {Threei}  ugh
01[12:37] {Threei}  was hoping SLW would consolidate a little above 31 to make it a valid short trigger
01[12:37] {Threei}  no such luck
[12:42] {cipher} lqdt s .89
[12:44] {cipher} chtr l .51
[12:46] {nemo} .85 area chtr cipher
[12:46] {cipher} k thx
[12:47] {nemo} see that, dark pool order last minute just got registered
[12:47] {cipher} what price
[12:47] {nemo} .62
[12:48] {nemo} watching the price, the previous candle and volume indicator changed
[12:49] {cipher} can you see dark pools?
[12:49] {cipher} I thought they were invisible
[12:49] {nemo} the data gets updated during the day
[12:49] {nemo} then it shows up on your chart
[12:50] {nemo} if your watching a stock and all of a sudden some previous candle/volume updates, that's usually what's happening
01[12:51] {Threei}  be back in 20
[12:51] {dino} bidu sm l .52
[12:56] {ese} hey all.....signing in to sign out again......have a great weekend everyone........Will see you tonight at 8:00
[12:56] {dino} cya
[12:56] {Les} enjoy
[12:58] {dino} pall
[12:59] {dino} out bidu .68, +.16
[13:00] {dino} pall sm s .08
[13:01] {thomcbell} dino - cipher keep your eye on cit for a flush here
[13:02] {thomcbell} i defer to your skill set
[13:02] {thomcbell} testing the pivot
[13:02] {dino} cov pall .60, +.48
[13:07] {cipher} bidu +.16 thx dino
[13:08] {dino} np
[13:08] {cipher} out chtr .74 +.23
[13:09] {nemo} BSFT
[13:10] {cipher} nemo you were right about chtr
[13:11] {nemo} broken clock moment
[13:11] {cipher} going to .85
[13:11] {cipher} but have to step out
[13:11] {cipher} be back later
01[13:11] {Threei}  back
[13:12] {nemo} clap.......clap.....clap.....buuuurrrrp!
[13:12] {dino} commodity spikes and pullbacks, corm, pall
[13:12] {Les} i see I'm not alone nemo
[13:12] {dino} corn, sheesh, my typing sucks
[13:13] {nemo} Les, you'd be alone in a crowd
[13:13] {Les} not bad not ad
[13:13] {Les} bad
[13:19] {dino} apam
[13:20] {dino} ipo
[13:21] {dino} adnc
[13:21] {thomcbell} good spot cit
01[13:21] {Threei} Short Setup: GDX  37 break
01[13:21] {Threei}  If holds  .10
[13:25] {patel} did it already trigger
01[13:25] {Threei}  no
[13:28] {dino} markets slowing down
[13:28] {nemo} Holy Shit, we're expected to get 14-18 inches
[13:28] {dino} that sucks. going to 50 here tomorrow
[13:29] {nemo} it was supposed to be 2-4 yesterday, storm stalled off the coast
[13:29] {Will49} waht have you east-coasters done to deserve that weather?
[13:29] {Will49} sinners all
[13:30] {nemo} Have you noticed most of the east coast are flaming lefties?
[13:30] {Will49} yeah...hahah
[13:30] {nemo} I get caught in the wash
01[13:30] {Threei}  they harbor government making this kind of statement:
01[13:30] {Threei}  (KR) US Govt official reiterates the US is fully able to defend itself against North Korea
[13:30] {dino} huh, lefties?, not!
01[13:30] {Threei}  I can't stop laughing maniacally reading that
01[13:31] {Threei}  are they serious?
01[13:31] {Threei}  they need to say that, and then reiterate that?
01[13:31] {Threei}  the only statement about it I would take as realistic would sound like:
01[13:32] {Threei}  (KR) US Govt official reiterates the US is fully able to detect North Korea military might, even if it had to confiscate microscopes from schools
[13:40] {Will49} what if NK sends a dirty bomb back in Rodman's underwear?
[13:40] {nemo} that's an interesting comment
[13:41] {patel} as long as the bomb is pierced and has color to it Rodman would be all for it.
[13:41] {dino} pretty much a given something dirty there
[13:41] {Will49} lol
01[13:42] {Threei}  lol
[13:42] {patel} Can we post links in here?
01[13:42] {Threei}  if they are not too gross
[13:42] {patel} http://www.cnn.com/video/?hpt=hp_t3#/video/us/2013/03/08/ac-ridiculist-woman-hides-gun.cnn
[13:43] {Will49} yikes
[13:43] {Will49} make that 9/11 re suadi guys
[13:44] {dino} wow 07 scanner slow. cnh lights up, i then go upstairs, let dog in and come back to my desk. cnh still showing
[13:50] {nemo} here I thought we'd open above 156 today, we still might get there
[13:50] {thomcbell} mtg starting to get its footing
[13:55] {patel} stop still .10?
01[13:55] {Threei}  yeah
[14:01] {nemo} might get apullback here, but .38 on spy good possibility first
[14:04] {dino} falling asleep
[14:05] {Will49} that's still allowed
[14:06] {nemo} how about passing out drunk?
[14:06] {Will49} you can sleep, eat junk food and watch the biggest looser...but be careful of everything else
[14:06] {Will49} loser
[14:09] {dino} nclh drop
[14:11] {dino} sm l .40
[14:12] {nemo} think I'll go bang my head against a wall
[14:16] {nemo} wow, got a .03 pop in sds
[14:17] {dino} apei drop
[14:18] {nemo} this boredom almost makes me want to take some of dino's knife catching trades
06[14:18] * Threei quickly ties a grenade to a knife
[14:18] {nemo} worse...I'm even tempted to turn on CNBC...oy frickin' vay
[14:19] {dino} live in sin, c'mon in nemo
[14:19] {Les} enjoy while you've still electricity cave boy
[14:19] {nemo} I built the place Dino
[14:19] {Will49} take a walk on the wild side
[14:19] {nemo} How can you repent if you haven't sinned?
[14:19] {dino} i got rid of tv in office 2 years ago, it helped
[14:20] {dino} talking heads put ideas in your mind screw up tape reading
[14:20] {nemo} yep
[14:20] {dino} music plays all day
[14:20] {nemo} My only issue is when the rabbit starts talking to me
[14:21] {dino} out nclh .70, +.30
[14:21] {dino} dog does that too, but...
[14:21] {Les} my wife... sometimes
[14:21] {dino} lol
[14:22] {dino} summers are tough, wife and kids home then. but sept-mid june, quiet
01[14:22] {Threei}  hmmm... how come no one is talking to me
[14:22] {dino} apei blood
[14:22] {Les} got yer own wife haven't ya?
01[14:22] {Threei}  not rbbits, not dogs
[14:22] {Will49} you're minding the store
01[14:23] {Threei}  even ese and will don't want to see me
01[14:23] {Threei}  reminds me an old russian joke
[14:23] {dino} damn missed apei
[14:24] {nemo} the meaning of life one?
01[14:24] {Threei}  "Man like women. Women like children. Children like hamsters. And only hamsters don't like anybody"
[14:24] {nemo} crickets
01[14:24] {Threei}  whatever
[14:26] {nemo} http://bit.ly/YRodV0
[14:29] {Will49} gotta run ..good weekend everyone!
[14:29] {nemo} can you run will?
01[14:30] {Threei}  take cre will
[14:30] {dino} cya
[14:31] {thomcbell} mtg - 5 break is decent setup
[14:32] {thomcbell} cup within a cup
[14:32] {dino} apam going nuts
[14:32] {dino} apei confuses me, jumping around in .40 increments
[14:51] {thomcbell} mtg setup invalid below 4.93
[14:51] {thomcbell} currently holding
[14:51] {thomcbell} sold 1/2 cit - 44.32
[14:51] {thomcbell} +0.21
[14:58] {nemo} upward momentum picking up
[14:59] {thomcbell} mtg invalidated
[14:59] {dino} chickened out on apei, wanted .00 but...
01[15:00] {Threei} Long Setup:  LVS  .40 break
01[15:00] {Threei}  If holds  .30
[15:03] {dino} i'm so bored, i'm going to have to go to happy hour tonight
[15:04] {dino} on that note, calling it a week. today was the best day of the month for me. gn all
[15:04] {Les} cheers
01[15:05] {Threei}  take care dino, till Mon
[15:05] {dino} thx
01[15:18] {Threei}  meh
[15:31] {Les} slw dropping
[15:41] {dptl} have a good weekend all
[15:42] {cipher} chtr s .91
[15:42] {cipher} nchl l .00
01[15:42] {Threei}  OK guys, thank you all
01[15:42] {Threei}  have a great weekend, see you Monday
[15:42] {patel} have a great weekend?
[15:42] {patel} !
[15:44] {cipher} out nchl .20 +.20
[15:44] {cipher} market is still open
[15:44] {cipher} sneaking out early?
[15:44] {patel} Is nchl a symbol?
[15:45] {Les} ciao all
[15:45] {cipher} nclh sorry
[15:45] {cipher} I'm slightly drunk
[15:45] {cipher} fri afternoon
[15:46] {cipher} cov chtr .87 +.04
[15:46] {cipher} too soon
[15:46] {patel} u sitting up top, getting drunk on the norwegian cruise.
[15:46] {cipher} no I'm not a cruise type of guy
[15:47] {cipher} I like to do things
[15:47] {cipher} not sit around
[15:47] {cipher} damn nchl
[15:47] {cipher} another .20
[15:50] {cipher} nclh s .39
[15:51] {cipher} beauty
[15:57] {nemo} this market is enough to make you drink
[15:58] {cipher} cov nclh .27 +.12
[15:59] {cipher} wow too soon
[16:02] {cipher} patel dcc

March 07 2013

Not as spectacular as yesterday but still nicely profitable day. 



Session Time: Thu Mar 07 00:00:00 2013
[08:59] {patel} Good Morning!!!
01[09:02] {Threei}  morning patel
[09:02] {dino} gm
01[09:02] {Threei}  dino :)
[09:03] {jdetente} Good morning
01[09:05] {Threei}  jd :)
[09:10] {scottie} good morning
01[09:11] {Threei}  scottie :)
[09:18] {dptl}  gm
01[09:18] {Threei}  dp :)
[09:20] {Will49} gm
01[09:20] {Threei}  will :)
[09:24] {ese} gm
01[09:24] {Threei}  ese :)
01[09:25] {Threei}  likewarm gap up
[09:25] {Will49} ese..are you all clmed down this morning?
[09:25] {Will49} calmed
[09:26] {ese} kinda
[09:26] {ese} was not in a good mood yesterday
[09:26] {Will49} really
[09:26] {Will49} we love you anyway
01[09:27] {Threei}  who needs calming down before ferst trades, and some distraction for the first chaotic minutes, here:
[09:27] {cipher} gm
01[09:27] {Threei}  http://photography.realitytrader.com/2013/03/twilight-sunsets-and-other-dark-matters.html
01[09:27] {Threei}  cipher :)
[09:27] {ese} parent wants to take her kids on a cruise right in the middle of the Memphis trip the R&B band has planned....effectively destroying one of the greatest opportunities a school band will ever have
[09:28] {Will49} wow
[09:28] {ese} the trip was sponsored by one of the founding directors fo the Canadian JUNO awards
[09:28] {ese} kid not kids
[09:28] {Will49} is she seeing the error of her ways?
[09:28] {ese} nope
[09:29] {nemo} kill the bitch
01[09:29] {Threei}  no replacement?
[09:29] {ese} lol
[09:29] {Will49} can see why you were bugged
[09:29] {nemo} send me a ticket
[09:29] {ese} not yet
[09:29] {ese} do you play alto sax nemo
[09:29] {nemo} no...I'll kill the bitch
01[09:29] {Threei}  ok... thinking short but will wait couple min
[09:30] {nemo} I need you to get aboutt 20 liters of Lye though
[09:30] {ese} lol
01[09:30] {Threei}  GG
[09:32] {nemo} this market is going up forever
[09:32] {cipher} rost l .90
[09:32] {nemo} whoa commie phone company
[09:32] {thomcbell} jcp
[09:33] {cipher} ibb l.33
01[09:33] {Threei} Short Setup: GG  .50 break hl
01[09:33] {Threei}  If holds  .60
01[09:33] {Threei} Short Setup: SLW  .50 break
01[09:33] {Threei}  hl
01[09:34] {Threei}  If holds  .60
01[09:34] {Threei}  change SLW to .60 break
01[09:35] {Threei}  Invalidated
[09:35] {Les} I'd say good morning but Fusion is pissing me off and it's all Nemo's fault
01[09:36] {Threei}  no go GG
[09:36] {nemo} I am a mere cat
[09:36] {Les} :)
[09:37] {cipher} out ibb -.06
[09:38] {ese} gdx
[09:40] {dino} nsm sm l .19
01[09:40] {Threei} Short Setup: LVS  .75 break hl
01[09:40] {Threei}  If holds  .85
01[09:41] {Threei}  lol
[09:41] {cipher} +. 28 nsm thx dino
01[09:41] {Threei}  good luck getting that fill
[09:41] {jdetente} yeah that was a miss err
[09:41] {dino} out nsm .59, +.40
[09:41] {cipher} out rost .36 +.46
01[09:42] {Threei}  too bad, drops nicely
[09:42] {dino} gj, np cipher
[09:42] {Les} outside 15 min bb's likely to bounce back
[09:42] {nemo} think lvs two way here
[09:43] {cipher} sgen l .27
[09:44] {Les} long .73 on paper
[09:45] {Les} partial .85
[09:45] {cipher} scty l .03
[09:46] {Les} all out .95
01[09:47] {Threei} Short Setup: SLW  .90 break
01[09:47] {Threei}  If holds  32
[09:47] {nemo} that's two way too
01[09:49] {Threei}  1:1
[09:49] {cipher} out scty .68 +.65
[09:50] {dino} nice
01[09:50] {Threei}  1:2
[09:51] {cipher} BBRY L .00
[09:51] {cipher} out .15 +.15
[09:52] {ese} good one C
[09:52] {cipher} ty
[09:52] {dino} nsm sm l .00 trigger, gappy
01[09:52] {Threei}  last 1/4 stopped on a trail .81
[09:53] {cipher} out sgen .43 +.24
[09:54] {ese} am eyeing nsm as well dino
[09:55] {ese} L nsm .94
[09:56] {ese} ugly .08 spread though
[09:56] {Will49} not ugly enough for our gunslingers
[09:56] {ese} tis true tis true
[09:56] {Les} oh btw vad, where's my 'yw' welcome this morning?
[09:57] {thomcbell} long setup mtg - 5.14 braek if holding 5.05
[09:57] {ese} will what are you doing tomorrow night?
01[09:57] {Threei}  I decided to save some innocent pixels
[09:57] {Les} what a guy
01[09:57] {Threei}  lord knows we murder enough of them here
[09:57] {dino} nsm, f the spread ese, thru size
[09:57] {Will49} no plans ese
[09:58] {ese} come and meet my wife and I over at the Oak Bay Beach hotel for a Grimbergen beer
[09:58] {Will49} let me check with wife
[09:58] {Les} vad SLW sitting smack on VWAP support here
[09:58] {cipher} scty l .09
[09:58] {ese} after the week i've had it'll be 2 of them for sure
01[09:59] {Threei}  hmmm... I am not invited...
[09:59] {Les} short slw again .82
[09:59] {Les} cover .70 easy money
[09:59] {Will49} she says yes
[09:59] {dino} w/ya cipher scty
[09:59] {Will49} what time?
[10:00] {ese} somewhere between 7 and 8 depending on when we get get done helping our son deliver his papers
[10:01] {Les} oh look you guys are scaring the other traders off
[10:01] {Les} bunch of pissheads
[10:01] {ese} will know a little closer tomorrow.......ah....lets say 8
[10:01] {Will49} 8 it is!
01[10:01] {Threei} Short Setup: GDX  .50 break
01[10:01] {Threei}  If holds  .60
01[10:02] {Threei}  Invalidated
[10:02] {ese} ok ...now onto something not as important ...let me see......hmmm trading...ya thats it
[10:03] {Will49} Vad's dating site
01[10:03] {Threei} Long Setup:  HIG  .20 break
01[10:03] {Threei}  If holds  .10
[10:03] {cipher} prgo l .69
[10:04] {dino} out scty .34, +.30 ty cipher
[10:06] {cipher} gtls l.77
[10:06] {cipher} np
[10:07] {dino} nsm tightening
[10:09] {cipher} rost l .76
[10:11] {cipher} scty bid
[10:14] {cipher} out scty .60 +.51
[10:14] {dino} nsm sm l .57
[10:14] {Will49} nice C
01[10:15] {Threei} Long Setup:  CAT  .85 break hl
01[10:15] {Threei}  If holds  .75
[10:16] {dino} mdp sm l .50
[10:17] {ese} in .86
[10:19] {thomcbell} mtg didnt quite make it and stopped
[10:20] {ese} L some more cat avg .93
[10:20] {ese} .83
01[10:20] {Threei}  .25 break should launch HIG
01[10:21] {Threei}  here we go
01[10:21] {Threei}  or as nemo'd say, thar she blows
[10:21] {Les} him and that rabbit of his...
01[10:22] {Threei}  half out
[10:22] {ese} mrkt tentative.....not helping things
[10:22] {scottie} half out
[10:22] {nemo} look at how tight the range
01[10:22] {Threei}  yeah, SPY looks hesitant
[10:22] {nemo} plus you have initial stress test reports after close today
01[10:23] {Threei}  no go CAT
[10:23] {ese} rats stopped cat .71 -.12
[10:24] {Les} bearish divergence on the 15 min range here in SPY nemo
[10:26] {ese} L cat .72
[10:31] {ese} come on there little kitty kitty......lets more than make up for the little divey divey
[10:31] {ese} yes yes
01[10:31] {Threei}  (KR) US Envoy: Will not accept North Korea as a nuclear state; assures Japan and South Korea of extended missile defense and nuclear deterence- Notes that the US will not reward North Korea for returning to nuclear talks - Separately UN Security Council unanimously approves new sanctions on North Korea after latest nuclear test. US Sec to the UN Rice: New sanctions will 'bite hard'; North Korea will achieve nothing by making threats and provocations
01[10:32] {Threei}  don't they know, they just need to play basketball with NK leader
[10:32] {Les} ?
01[10:32] {Threei}  look up dennis rodman and north korea
[10:32] {ese} nice cat...........here kitty kitty
[10:32] {patel} I say Dennis Rodman should be US ambassador to North korea.
[10:32] {patel} lol
[10:33] {cipher} mdco drop
[10:33] {cipher} mdco l .00
[10:33] {dino} rodman should move there
[10:33] {patel} yeah he fits in really well
[10:33] {ese} nice kitty ,,,,nice kitty
[10:34] {nemo} mmmhhh....lost power in the storm
[10:34] {ese} all you need is one trade per day........as demonstrated by cat and ese
[10:35] {Will49} wtg ese...3 beers for you
[10:35] {ese} out cat .01 +.29
[10:35] {ese} and for you
[10:35] {jdetente} gj ese
[10:35] {patel} nice
[10:35] {ese} tks
[10:37] {dino} gj
[10:37] {cipher} rost blood
[10:38] {scottie} CSCO l .90 ?
[10:38] {dino} mdp stop -.22
[10:39] {cipher} rost cap coming
[10:39] {ese} mrc
01[10:39] {Threei}  too narrow for my taste scottie
[10:39] {cipher} rost vl.78
[10:39] {scottie} tks
01[10:40] {Threei}  20 cents range so far
[10:40] {cipher} was off by 2 pennies on rost
[10:41] {ese} What does this mean?:06 Mar 15:24[MRC] Majority shareholder PVF Holdings LLC upsizes common stock offering from 17M to 23M shares, will sell at $28.00/shr in registered underwritten public offering .............somebodies dumping stock right?
01[10:41] {Threei}  increased secondaries
[10:42] {cipher} out rost .88 +.11
[10:42] {ese} dilution then
[10:43] {cipher} out mdco .13 +.13
[10:44] {cipher} rost reload .82
[10:44] {dino} dgaz sm l .00
[10:45] {cipher} out rost .98 +.16
[10:45] {cipher} dgaz l .05
01[10:46] {Threei} Short Setup: GDX  .50 break
01[10:46] {Threei}  If holds  .60
01[10:51] {Threei}  GDX not a scalp
[10:52] {thomcbell} cit takeover rumor and great chart
01[10:54] {Threei}  1:1
[10:54] {ese} lookin good vad......nice one
01[10:55] {Threei}  1:2
[10:56] {Les} nice of the silver bugs to give the heads up
[10:56] {ese} silver bugs?
[10:56] {patel} yes
[10:56] {patel} .31
[10:56] {Les} the believers holding SLW
[10:56] {ese} ah
[10:56] {Les} dropped first
01[10:57] {Threei}  SLW .60 was perfect short setup, I missed it... so was looking for a sympathy play
[10:57] {Les} I totally sympathise
[10:58] {ese} ya me too
[10:58] {Les} seems 10 dma was enough to stop buyers in their tracks
[10:58] {ese} it's too bad you had to make money on gdx
[10:58] {ese} feel bad about that for you
01[10:58] {Threei}  and since I am very emphatic about goldbugs' suffering...
[10:58] {ese} indeed
[10:58] {Les} empathic you mean?
01[10:59] {Threei}  you mean I an eqspekted to spell things right?
[11:00] {Les} dunno. empathic and emphatic have two very different meanings
[11:00] {cipher} amcx drop
[11:00] {nemo} lymphatic?
[11:00] {Will49} autocratic?
[11:01] {cipher} amcx l .04
[11:01] {ese} L some more nsm avg .65
[11:01] {cipher} enoc l .65
[11:01] {ese} enoc already?
[11:02] {ese} or is that enough already?
[11:02] {Les} given your attitude to gold bugs I'm inclined to think you have very emphatic attitude towards their suffering ;)
[11:03] {cipher} out amcx .15 +.11
[11:04] {ese} here kitty kitty...........l cat .99
[11:07] {nemo} vrtx might be worth a try here
[11:07] {Les} ty for GDX stopped out last part .41
[11:08] {ese} nice kitty....nice kitty.......
[11:08] {ese} thats a good kitty........good pee in nemos yard....there you go
01[11:09] {Threei}  yw
[11:10] {jdetente} yes thank you Vad...holding for 37.20 on my last quarter
[11:11] {jdetente} and got it
01[11:11] {Threei}  here it is
01[11:11] {Threei}  wtg
[11:11] {Les} shoulda woulda coulda
[11:12] {jdetente} I'm becoming more patienter...
[11:12] {jdetente} ha
[11:12] {nemo} where did you go long cat, vad?
01[11:12] {Threei}  ?
[11:12] {nemo} simple question?
01[11:12] {Threei}  betterer spellerer too jd
[11:12] {ese} it's me .99
[11:12] {nemo} TAKE YOUR HANDS OFF THE BOTTLE!
[11:13] {cipher} lamr drop
[11:13] {cipher} lamr l .41
[11:13] {nemo} my power went out, remember?
01[11:13] {Threei}  this is what we have #floor for, nemo... uncluttered way to see the calls
01[11:13] {Threei}  ahhh
[11:13] {ese} nice kitty....nice kitty....... 08:08 ese thats a good kitty........good pee in nemos yard....there you go
01[11:13] {Threei}  OK, you are forgiven
[11:13] {nemo} thanks Pahan, now where?
01[11:14] {Threei}  10:15] {Alert} Threei Long Setup: CAT .85 break hl
01[11:15] {Threei}  OK, time to look at photos
01[11:15] {Threei}  http://photography.realitytrader.com/2013/03/twilight-sunsets-and-other-dark-matters.html
[11:16] {dino} esv sm l .50
[11:16] {jdetente} got that email last night Vad. Great photos.
[11:16] {cipher} out lamr .59 +.18
01[11:16] {Threei}  :)
[11:17] {cipher} out dgaz .35 +.30 thx dino
[11:17] {cipher} shpg drop
[11:17] {Les} .90 vwap plus today's opening on CAT ese
[11:20] {ese} y
[11:20] {dino} out dgaz .23,
[11:20] {dino} +.23
[11:21] {dino} nsm sm l .50
[11:29] {Les} bands tight in GDX and slw
[11:29] {nemo} nsc
01[11:30] {Threei}  watching LVS for bounce to short
01[11:33] {Threei} Short Setup: LVS  .30 break hl
01[11:33] {Threei}  If holds  .40
[11:33] {dino} out nsm .84, +.34
[11:42] {cipher} out gtls .07 +.30
01[11:43] {Threei}  no go
[11:45] {nemo} look at spy and iwm on 3 minute strong trends
[11:46] {cipher} cone drop
[11:47] {cipher} cone l .17
[11:53] {cipher} gtls l .01
[11:55] {cipher} gtls stop .02 +.01
[11:59] {cipher} out cone .60 +.43
[12:01] {Will49} crank'em out cipher
[12:01] {cipher} hibb drop
[12:02] {Will49} machine-gun cipher
[12:02] {dino} gj
[12:03] {cipher} incy l .63
[12:07] {cipher} hibb l.99
[12:11] {ese} L some more nsm avg .30
[12:13] {cipher} breaking rules ese?
[12:13] {ese} y
[12:13] {dino} becoming an iwestor?
[12:13] {dino} inwestor?
[12:14] {ese} no
[12:14] {dino} it does look like its going up
[12:14] {ese} smelling some money
[12:14] {dino} 39.40 target
[12:14] {ese} don't try this at home
[12:14] {cipher} out incy .75 +.12
[12:18] {dino} nsm sm l .75
[12:19] {cipher} out hibb .06 +.07
[12:21] {cipher} cost drop
[12:21] {cipher} cost l .11
[12:22] {thomcbell} one more time mtg - 5.14 long break if holding 5.08
[12:23] {thomcbell} may need a day to digest this big secondary
[12:23] {thomcbell} but demand for the shares is definitely there
[12:25] {Les} ty cipher COST for .10
[12:25] {cipher} np
[12:26] {cipher} shold go to .40 aat least
[12:26] {cipher} should
[12:26] {Les} need to get a better feel for these things. picked up a couple of dead ones like HIBB cost me a couple of cents
[12:28] {cipher} out cost .43 +.32
[12:28] {cipher} perfect
[12:28] {cipher} doesn't get any better than that
[12:29] {Les} LVS trying for .50 here
[12:29] {cipher} les, yeah hibb was a bummer
[12:29] {cipher} got stopped for a small profit
[12:29] {Les} had expectations to high. didn't make my offer of .10
[12:36] {nemo} see how tight the range is today Les?
[12:40] {Les} huh?
[12:40] {nemo} about your expectations
[12:41] {Les} :)
[12:44] {Les} charts suggesting GS ready to roll over
[12:45] {nemo} not unless xlf rolls over or iwm or spy GS index unto itself
[12:45] {nemo} +stress test results after close, don't you find it interesting GS so strong before stress test results
[12:46] {dino} i would expect it to be non-issue for gs
[12:46] {nemo} that's my point, they tend to be a canary in the coal mine regarding the market too, so they are very strong...mmmmmmmmmmhhhhhhh??????
[12:47] {dino} yeah, i don't think it matters to most of the banks
[12:48] {cipher} vrsn l .01
[13:04] {ese} gotta go all........my little tour nightmare is back on my front page
[13:04] {ese} cya tomorrow
[13:04] {Les} cioa'
[13:05] {Will49} be good ese
[13:08] {dino} unxl
[13:08] {dino} none avail here
[13:09] {dino} tup drop
01[13:10] {Threei}  for crying out loud
01[13:10] {Threei}  White House: US fully capable of defending against North Korean ballistic missile attack
01[13:10] {Threei}  I hope so!!
01[13:11] {Threei}  with biggest military in the world and history, vs. the poorest schmacks on the planet
[13:11] {cipher} out vrsn .14 +.13
[13:11] {nemo} we oughta' make N Korea a nuclear test area
[13:11] {dino} indeed
[13:11] {dino} tup sm l .41
[13:11] {cipher} tup l .35
[13:11] {Les} :) cold war dead and buried vad no one remembers the nuclear umbrella
[13:12] {nemo} wish we could say the same about you
[13:12] {nemo} over the top?
[13:12] {dino} yeah
01[13:13] {Threei}  Facebook Announces redesigned news feed: want to give users a "personalized newspaper"- Feeds should include top stories in your personal areas of interest and ability to add items from any source you want including pictures and pins from Pinterest. - Allows sorting news feeds by topic. - Zuckerberg shows images of the revamped news feeds including a mobile version
[13:13] {Les} lol
01[13:14] {Threei}  stock says "eh"
[13:14] {thomcbell} monetization?
[13:15] {Les} vwap is .05
[13:15] {Les} .07
01[13:15] {Threei}  all their tweaking of late feels like they are out of ideas
[13:15] {dino} out nsm .14, +.39
[13:15] {Les} yep
[13:16] {Les} ty dino TUP +.14
[13:16] {cipher} tup should go to .70
[13:17] {cipher} cprt drop
[13:17] {jdetente} dino thanks +.40 NSM
[13:19] {dino} np
[13:19] {dino} just doing my job
[13:19] {cipher} vrsk drop
[13:19] {nemo} just the facts mam
[13:19] {jdetente} https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEihZcroGvKPzdipa5zvmq8N9Oz2GBv0vEb9XaZ4fWljFDrw4HiChbKryXDZ79Vmx6yfEzUNP1iF0prv29EC7Pg6FXUlGVKHohxPJz0GLrPXQQIy3cmgr1eeXJAL7R8e8nnc7wx3-RMJ6sc6/s1600/friday.jpg
[13:20] {nemo} nice
[13:20] {Les} vad SLW back to lows
[13:21] {Les} heading to 31?
01[13:21] {Threei}  you want me to predict what happens next?
[13:21] {Les} :P
01[13:21] {Threei}  I am simply watching for setups
[13:21] {cipher} out tup.48 +.13
[13:21] {thomcbell} mtg invalidated
[13:22] {Les} .10/.15?
01[13:22] {Threei}  leave that crap to those who never learned to trade but for some reaon think they know how to do that, as if trading skills are birthright
[13:22] {Les} suggesting it was magnet from here
01[13:22] {Threei}  I don't see any setups so far
01[13:23] {Threei}  .20 break was more or less
[13:23] {Les} k
[13:24] {cipher} vrsk l .03
[13:27] {dino} out tup -.08, stupid
[13:28] {cipher} rost l.50
[13:29] {cipher} out .69 +.19
[13:30] {thomcbell} what do u think vad fb
[13:30] {thomcbell} looks like a short break there
[13:30] {dino} sell the news, imo
01[13:31] {Threei}  hard to tell
[13:31] {thomcbell} come on bounce it back up to 28.10
01[13:31] {Threei}  looks short but
01[13:31] {Threei}  something in me whispers "trap"
[13:31] {Will49} the natives are getting restless to trade
[13:33] {dino} nav?
01[13:34] {Threei} Short Setup: GDX  .10 break
[13:34] {cipher} out vrsk .17 +.14
[13:34] {nemo} this market makes me so itchy to do something
01[13:34] {Threei}  If holds  .20
01[13:35] {Threei}  it's like honduras from ancient russian joke nemo
[13:35] {thomcbell} feel like it is short with lod target
[13:35] {cipher} amzn s .51
[13:35] {thomcbell} fb
01[13:36] {Threei}  in far east, the least likely place to discuss anything but the daily necessities, two locals with bottle of vodka, in contemplative sielnce
01[13:36] {Threei}  one suddenly says: You know, this Honduras worries me...
01[13:37] {Threei}  another: don't scratch it, it won't bother you
[13:37] {nemo} hehehehehe
[13:38] {Will49} lol
[13:39] {dino} nav sm s .25
[13:41] {cipher} cov amzn .42 +.09
[13:42] {dino} cov nav .89, +.36
[13:42] {cipher} gj
[13:42] {dino} ty
[13:47] {Les} had right idea on GS but mostly terrible setups except one. Thought I'd duck in and out but this stock bounces around harder than a chinese laundry girl
[13:47] {Les} the triple top becomes apparent in hindsight 20/20
[13:49] {Les} FB stuck at VWAP resistance.
[13:56] {jdetente} what do you think Vad keep normal stop or move to .16?
01[13:56] {Threei}  let's move to .16
[13:57] {nemo} ohoh, power getting iffy again
[14:00] {jdetente} meh
[14:00] {Les} check for fried rabbit...
[14:01] {cipher} ntap drop
[14:01] {dino} elli drop
[14:02] {cipher} ntap l .01 stop.96
[14:03] {dino} esv stop -.22
[14:10] {patel} GDX held the original stop.
01[14:10] {Threei}  ugh
[14:10] {patel} sucks
01[14:11] {Threei}  shouldn't have trailed
01[14:11] {Threei}  oh well
01[14:11] {Threei}  but I'll suggest... if 6 cents stop deserves definition "sicks"... you need to rethink priorities {G}
01[14:11] {Threei}  sucks
[14:12] {cipher} cprt drop
[14:12] {cipher} cprt l.92
[14:15] {dino} nav break .75 trig short
[14:16] {cipher} elli l .25
[14:17] {cipher} out cprt .10 +.18
01[14:20] {Threei} Short Setup: SLW  31 break
01[14:20] {Threei}  If holds  .10
[14:21] {cipher} ntap 1:1 lol
01[14:22] {Threei}  friking GDX
01[14:23] {Threei}  right idea, flawed execution
[14:23] {Les} GDX .83 daily pivot
01[14:23] {Threei}  1:1 SLW
[14:24] {Les} I shorted both
[14:24] {cipher} out elli.42 +.17 thx dino
[14:24] {cipher} ntap 2:1
[14:25] {dino} np
[14:25] {jdetente} jeez GDX...sorry I mentioned tighter stop
01[14:25] {Threei}  that'll teach you
[14:25] {Will49} all your fault jd:)
[14:25] {jdetente} for shame
[14:25] {Les} so just as GDX dropped sympathetically with SLW leading previously, SLW bounce at pivot 31 was enough to get bottom fishers on board
[14:26] {cipher} ntap 3:1
[14:26] {cipher} out ntap .16 +.15
[14:26] {cipher} stop was .05
[14:29] {Les} nice one gave itup as a sleeper
[14:29] {cipher} 5:1 now
[14:30] {cipher} les one thing I learned...
[14:31] {cipher} you can never tell in advance which one will work and which won't
[14:31] {cipher} I'm not into guessing
[14:31] {cipher} I take ALL valid setups
[14:31] {cipher} my hit rate is up there
01[14:31] {Threei}  that's the spirit
[14:31] {cipher} so if a dus comes along so be it
[14:31] {cipher} dud
01[14:31] {Threei}  see them - take them - let market sort it out
[14:32] {Will49} some do, some don't...next!
[14:32] {cipher} that's correct, I learned from vad
[14:33] {Les} fair enough, but can't watch .05 stop on these fast droppers and live trades at same time. So I dump the paper trade
[14:33] {cipher} oh I see
[14:33] {cipher} didn't know it was paper
[14:34] {cipher} :)
[14:34] {Les} gotta get my account in shape before playing these extras
[14:38] {cipher} aegr drop
[14:39] {cipher} aegr l.32
[14:40] {dino} cov nav .40, +.35
[14:43] {cipher} aegr target .50+
[14:43] {nemo} nav looks good to .20ish then maybe to below 30
[14:44] {dino} thinking the same, to vwap perhaps, but it jumps .16 each time it drops, wanted to book it
[14:44] {Les} +.12 AEGR ty
[14:45] {cipher} aegr at target
[14:45] {cipher} out .49
[14:45] {cipher} was it real or paper les?
[14:46] {Les} I'll tell you the day I go real cipher
[14:46] {dino} memorex
[14:46] {cipher} k
[14:47] {Les} but in consideration of limitations of paper account I hit bids and offers instead of laying out bids and offers most of the time
[14:47] {cipher} gotcha
[14:47] {cipher} that way it's more realistic
[14:47] {nemo} so between bank stress test part 1 and the NFP numbers we should hit 156 tomorrow
[14:48] {dino} i nthink we are up every friday this year and down every monday
[14:49] {cipher} cost l .08
[14:49] {cipher} expe on radar
[14:50] {nemo} this market could drive me to drink
[14:51] {Les} trade cipher setups its the next best thing
[14:51] {dino} lots of things do that to me nemo
[14:51] {nemo} yeah, well, you're married
[14:51] {dino} nsm any chance of breaking out here? thinking .00 trig
[14:51] {nemo} ebay
[14:51] {cipher} drinking while trading takes the boredom from it
[14:52] {nemo} 39.25 roof dino
[14:52] {cipher} alny l .56
[14:52] {dino} vwap
[14:52] {nemo} vxx is doing nothing...no fear
[14:52] {nemo} yeah dino
[14:54] {nemo} at this rate, gonna' have really tight pivot ranges tomorrow
[14:56] {cipher} l expe .30 break stop .19
[14:56] {cipher} in expe
[14:57] {nemo} sheesh trip
[14:57] {cipher} cost 1:1
[14:58] {Les} 3 min 15 min macd saying up will hold cipher
[14:58] {cipher} yeah feels like it
[14:58] {cipher} going on gut feel
[15:00] {nemo} market lulls you to sleep drops a little, and now will go for new highs
[15:00] {dino} nav 31.20s w/o me
[15:06] {cipher} expe 1:1
[15:10] {cipher} out alny .72 +.16
[15:11] {cipher} out cost .20 +.12
[15:12] {cipher} out expe .48 +.18
[15:12] {dino} nice trading cipher
[15:12] {cipher} ty
[15:13] {patel} gj cipher
[15:16] {thomcbell} cipher crazy pace
[15:17] {thomcbell} can u count a box of matches when they fall on the floor?
[15:17] {dptl} lol
[15:17] {cipher} lol what do you think I am Rain Man???
[15:17] {Les} nice exit on cost out +.05
[15:17] {thomcbell} hehe
[15:18] {thomcbell} in a good way
[15:23] {nemo} more volume was done in dark pools last month than on open exchanges
[15:29] {dino} nav spike
[15:30] {cipher} brli l.26
[15:31] {Les} COST again at 102 for a scalp
[15:31] {cipher} nice catch
[15:31] {cipher} missed it
[15:32] {dino} nav sm s .75
[15:32] {dino} too soon
[15:32] {cipher} nav is scary
[15:32] {cipher} moves like a drunk in the dark
[15:33] {dino} lol
[15:35] {dino} one hell of a new hire ceo to add 27% in a day to company value
[15:38] {cipher} out brli .33 +.07
[15:39] {thomcbell} cit big move on increasing vol
01[15:41] {Threei} Short Setup: FCX  .20 break
01[15:41] {Threei}  If holds  .26
[15:42] {Les} ty dino caught a .80/.90 setup on NAV cover .54
[15:43] {dino} gj
01[15:43] {Threei}  who hit FCX with 2x4 over the head?
[15:43] {Les} will have to log dino and cipher trades. a few weeks of solid setups like this and I'll have to put 100 shares down
[15:43] {Les} perfect timing vad
[15:43] {Les} pivot and vwap at 33
[15:44] {jdetente} FCX deserved it Vad
01[15:44] {Threei}  just a standard setup
[15:44] {dptl} have a good night all see ya tomorrow
01[15:44] {Threei}  lol jd
[15:44] {dino} cya dp
[15:44] {Will49} peace dp
01[15:44] {Threei}  take care dp
[15:44] {Les} cheers dp
01[15:44] {Threei}  let's cover half FCX here
01[15:45] {Threei}  wanted a scalp only, but it fell so fast, maybe has more
01[15:45] {Threei}  stop .21
[15:50] {nemo} yeah, they're expecting the banks to raise dividends off the reports
[15:53] {dino} stop nav -.27
01[15:55] {Threei}  out FCX in full
01[15:55] {Threei}  nice way to finish the day
[15:55] {jdetente} see 2x4 worked
[15:55] {jdetente} and it deserved it
01[15:55] {Threei}  usually does
[15:55] {Will49} Cheers guys
01[15:55] {Threei}  thank you all
[15:55] {patel} gj on FCX
[15:56] {jdetente} Have a good day all. Thanks Vad.
01[15:56] {Threei}  have a good evening, see you tomorrow
[15:56] {patel} take care all
[15:56] {Les} bye jd
[15:56] {Les} good riddance to him
[15:56] {Les} ciao patel
[15:56] {Les} NAV
[15:57] {Les} .96
[15:57] {jdetente} may you lose on all of your paper trades Les :D
[15:57] {Les} take em as seriously as a real trade jd

March 6 2013

When you go with main trend, trades are smooth and easy. Silver is still in downtrend, so...

One CAT, two shorts:

Needless to say, it was a very good day, ending with perfect 1:3 short on STT.


Session Time: Wed Mar 06 00:00:00 2013
[09:08] {dino} gm
01[09:08] {Threei}  dino :)
[09:09] {jdetente} Good morning
01[09:09] {Threei}  jd :)
[09:12] {Les} http://www.youtube.com/watch?v=9apA2K1WXuY
01[09:14] {Threei}  http://goo.gl/YQ8GY
[09:14] {Les} :)
[09:14] {nemo} I've created a monster...should never have given bunny raisins
[09:14] {Les} likes the sweet stuff hey
[09:15] {nemo} ow....what, you have that all set up to go?
[09:15] {nemo} yeah, ridiculous
[09:15] {nemo} she's sitting on my chest in the middle of the night looking for them...I mean, addict behavior
[09:16] {nemo} FCX very strong this morning
[09:16] {scottie} good morning
01[09:16] {Threei}  scottie :)
[09:16] {Will49} gm
01[09:17] {Threei}  will :)
[09:19] {Les} BBRY itching for a breakdown
[09:20] {nemo} we'll call Les RFA
[09:21] {Will49} afriad to guess what RFA means
[09:22] {Les} piss off Nemo
[09:23] {nemo} Ready, FIRE!, Aim
[09:26] {cipher} gm
01[09:29] {Threei}  cipher :)
01[09:30] {Threei}  SOHU...
01[09:30] {Threei} Short Setup: GDX  .85 break
01[09:31] {Threei}  If holds  .95
01[09:32] {Threei}  no go
[09:32] {cipher} EBAY L .64
[09:33] {cipher} out +.01
01[09:33] {Threei} Short Setup: SLW  .10 break hl
01[09:34] {Threei}  If holds  .20
01[09:38] {Threei} Short Setup: FCX  .20 break
01[09:38] {Threei}  If holds  .30
01[09:40] {Threei}  1:1
[09:40] {Les} +.13 scalp ty
01[09:40] {Threei}  fast and easy
01[09:40] {Threei}  just as we like them
01[09:41] {Threei} Short Setup: LVS  51 break hl
01[09:41] {Threei}  If holds  .10
[09:42] {cipher} URBN L .96
[09:43] {cipher} HSNI L.73
01[09:43] {Threei}  SLW if triggers is not a scalp
01[09:43] {Threei}  should have more in it
01[09:44] {Threei}  30 is obvious magnet, and most likely won't hold
[09:44] {cipher} IEP L .01
[09:45] {scottie} missed
[09:45] {jdetente} in at .08
01[09:45] {Threei}  1:1
01[09:46] {Threei}  1:2
[09:46] {Les} screwed my approach so took the scalp +.11 ty
01[09:46] {Threei}  yw...
[09:46] {Les} mucho regret
01[09:47] {Threei}  what is it you managed to screw up in such straightforward play?
01[09:47] {Threei}  1:3
01[09:47] {Threei}  (US) Fed's Plosser: Fed cannot commit to holding its assets; latest round of bond buying was a 'bad idea' - comments to reporters- Seeing some signs of some markets becoming unbalanced - Cautious about becoming too specific on tapering of asset purchases - Fiscal policy at the moment is concerning - Sees a bigger risk that the Fed could tighten too late - Would be hard to commit to not selling assets when inflation starts to rise
[09:48] {Les} took aggressive half entry at loss of .15. was prepped for stop not 2nd entry. pressed for sell again with price of .23...
[09:49] {Les} so I guess pays to stick to plan :)
[09:49] {Will49} wisdom of the day
[09:49] {jdetente} out in full. Tks Vad
01[09:50] {Threei}  yw
[09:50] {Les} if you know of any others Will, pass them now please and save me some time
[09:50] {Will49} you da man les
01[09:50] {Threei}  LVS was two-sided, eh?
[09:51] {Les} was DB at .80 legit setup vad?
[09:51] {cipher} UNXL L .32
01[09:52] {Threei}  yes but there was no clear eantry... kind of arbitrary
[09:52] {Les} j
[09:52] {Les} k
[09:52] {Les} vad fingers
[09:52] {cipher} out UNXL .47 +.15
[09:54] {cipher} out HSNI .28 +.55
[09:54] {dino} gj cipher i missed it at 23.75, stupid
01[09:55] {Threei}  wtg
[09:55] {cipher} ty
[09:56] {nemo} dow ripping
[09:59] {cipher} hsni s .39
[10:00] {scottie} GG s .85 ?
01[10:01] {Threei}  chart's right
[10:01] {scottie} but...
[10:02] {dino} tfm sm l .61
01[10:02] {Threei}  just looks to get invalidated
01[10:02] {Threei}  yeah
[10:03] {dino} stop -.30
[10:03] {scottie} ok
[10:06] {jdetente} miners turning back up
01[10:06] {Threei}  PMs too
01[10:06] {Threei}  they really start look like a hedge to SPY
[10:07] {jdetente} And lack of VXX action
01[10:11] {Threei} Long Setup:  CAT  .65 break hl
01[10:11] {Threei}  If holds  .55
[10:12] {cipher} cov hsni .19 +.20
01[10:14] {Threei}  Invalidated
[10:14] {nemo} pay momo today
[10:18] {scottie} CRUS s .40 ?
01[10:19] {Threei}  hl
01[10:19] {Threei} Short Setup: MRK  .10 break
01[10:19] {Threei}  If holds  .20
[10:22] {cipher} SOHU S .62
[10:23] {cipher} cov .39 +.23
[10:24] {cipher} adp l .12
01[10:29] {Threei}  CRUS 1:1
01[10:29] {Threei}  1:2
01[10:29] {Threei}  nice breakdown
[10:30] {nemo} missed that one
[10:30] {dino} tfm sm l .60
[10:30] {cipher} CRUS L .25
[10:30] {scottie} was invalidated before breakdown
01[10:30] {Threei}  hmm? just touched .55
01[10:30] {Threei}  never broke it
[10:30] {cipher} out CRUS .35 +.10
[10:31] {scottie} trigger was at .40
01[10:31] {Threei}  ugh, you are right... why did I have ,45 in my head
[10:31] {nemo} mine's on my desk
[10:31] {scottie} .45 in your head is not good
[10:33] {nemo} fcx not going down with the market
01[10:33] {Threei}  a lot of disconnects
[10:34] {cipher} adp stopped -.02
01[10:34] {Threei}  no go MRK
[10:34] {jdetente} goodbye MRK
[10:36] {dino} out tfm .90 +.30
[10:36] {cipher} biib l .33
[10:40] {ese} morning.....way late......working on scheduling conflicts with one of my band tours
01[10:40] {Threei} Short Setup: GDX  .50 break
01[10:41] {Threei}  ese :)
01[10:41] {Threei}  If holds  .60
[10:43] {Will49} ese...where are your priorities:)
[10:44] {ese} with what happened this morning....................drinking!
[10:44] {cipher} out BIIB .85 +.52
[10:45] {dino} gj
[10:45] {ese} pick the bar will............i'm gonna call in sick at school and i'll see you there at 1:00
[10:45] {Will49} :)
[10:46] {cipher} gdx s .83
[10:47] {cipher} biib s .85
[10:49] {cipher} cov biib .71 +.14
[10:49] {dino} gra
[10:50] {Les} TFM
[10:50] {cipher} gra s .95
[10:51] {cipher} cov .51 +.44
[10:51] {cipher} thx dino
[10:51] {dino} gj sm s gra .60
[10:52] {cipher} cov gdx .90 -.07
[10:53] {cipher} biib l .41
[10:53] {dino} cov gra .17, +.43
[10:54] {cipher} stopped biib .19 -.22
[10:55] {Will49} our gunslingers are getting good action this morning
[10:56] {cipher} syna l .66
[10:56] {Les} potential GDX blow off top coming
[10:57] {Les} daily R3 is .16
[10:57] {nemo} don't think it blows off  think 37.25 area maybe
[10:57] {Les} k
[10:58] {dino} dust choking
01[10:58] {Threei} Short Setup: CAT  .20 break hl
01[10:58] {Threei}  If holds  .30
[11:01] {cipher} SIRO L .33
[11:01] {Les} 37 was it for GDX
01[11:02] {Threei}  1:1
[11:03] {cipher} out syna .75 +.09
[11:03] {cipher} gdx s .85
01[11:04] {Threei}  1:2
[11:04] {patel} out thanks.
01[11:04] {Threei}  yw
[11:04] {Will49} tks Vad
01[11:05] {Threei}  :)
[11:07] {cipher} EVEP DROP
[11:07] {cipher} evep l.65
[11:08] {dino} esv sm l .85
[11:11] {dino} lp's are getting tagged today and yesteray
[11:12] {dino} lstr sm l .15
01[11:13] {Threei}  1:3, my a$$ is out
[11:14] {jdetente} tks Vad.
01[11:14] {Threei}  yw
01[11:16] {Threei}  awww... 1:4
[11:16] {Will49} look away...look away
01[11:18] {Threei}  I don't know where away is
01[11:18] {Threei}  ah, here it is:
01[11:18] {Threei}  http://photography.realitytrader.com/2013/03/dreamy-beaches.html
[11:19] {patel} no girls in bikinis
[11:19] {cipher} lstr l .00
01[11:19] {Threei}  got some... but don't post them there, for wifey looks at it too
[11:20] {Les} thx cipher joined you after the bounce gdx for +.10
01[11:20] {Threei}  oh, and http://photography.realitytrader.com/2013/03/cats-and-turtles.html
[11:20] {Will49} breakwater is hard on the back when sunbathing
01[11:20] {Threei}  lol
[11:20] {Will49} great pics Vad
01[11:20] {Threei}  ty
01[11:21] {Threei}  btw, every time I make new photoblog, automatic e-mail goes to the list of followers... let me know if you want to be on a list
[11:21] {jdetente} yes please
[11:21] {Will49} yes please
[11:21] {Les} you mean you wanna spam  me on FB and email?? :)
01[11:21] {Threei}  if I did, I wouldn't be asking :)
[11:21] {Will49} a liitle art will do you good les
[11:21] {Will49} little
[11:22] {Les} Vad's got me going again in the photography space will
[11:23] {Will49} excellent
[11:25] {dino} lstr stop -.30
[11:25] {cipher} out lstr -.17
[11:26] {nemo} DE interesting
[11:26] {dino} lstr messed w/us back to .99
01[11:27] {Threei}  watching LVS
01[11:27] {Threei}  let's see if we can get it on the usual trick it does midday
01[11:27] {Threei}  .70 break, sharp drop trapping breakout buyers,
01[11:27] {Threei}  and we will try to get it under .60 for bounce
[11:28] {dino} esv stop -.13
[11:29] {thomcbell} I am not following what you are looking to do on LVS Vad
[11:30] {Les} 3 min bb's tightening on DE here. New move coming
[11:30] {cipher} AAWW L .60
01[11:30] {Threei}  false break followed by rinse
01[11:31] {Threei}  I don't want to buy breakout at this time iof the day
01[11:31] {Threei}  instead I want to wait for a rinse,
01[11:31] {Threei}  and when breakout buyers dump theijr shares under .60, I want to try and catch the bottom for bounce scalp
01[11:32] {Threei}  here is breakout
01[11:32] {Threei}  meh, it worked
[11:34] {Les} market was counter thinking your thinking vad
[11:35] {cipher} esv l .61
[11:39] {jdetente} frikin LVS
[11:42] {dino} tcbi s .59
[11:43] {cipher} tcbi s .59
[11:43] {nemo} we
[11:44] {nemo} we'll just call the ciphino
[11:44] {nemo} them
[11:44] {dino} lol
[11:44] {nemo} algo's not giving the gap close today
[11:46] {Les} ty dino esv for .19
[11:47] {dino} yw
[11:47] {cipher} out esv .82 +.21 thx dino
[11:48] {cipher} evep to .80
[11:48] {dino} lstr sm l .04 ave
[11:48] {nemo} that looks like going above 58
01[11:48] {Threei} Short Setup: CAT  .80 break
01[11:48] {Threei}  If holds  .90
[11:50] {cipher} hoping that evep will get short squeeze
[11:51] {cipher} lstr l .08 tlast try
01[11:53] {Threei}  stop .86
[11:54] {cipher} out lstr -.08
[11:54] {cipher} evep to .53
[11:55] {cipher} target .30
[11:57] {dino} cov tcbi .38, +.21
01[11:58] {Threei}  1:1
[11:58] {dino} esv to .88
[12:00] {dino} stop lstr .97 -.07
[12:00] {dino} out esv +.28
[12:01] {Les} i could kiss you vad
01[12:01] {Threei}  1:2
01[12:01] {Threei}  ummm... handshake?
[12:01] {Les} gangham style
[12:01] {dino} brb
[12:02] {Will49} out tks Vad
01[12:02] {Threei}  :)
[12:03] {cipher} CBRL L.12
[12:09] {Les} looks like market addicts need another fed injection
01[12:10] {Threei}  since next fed chairman is yellen, it's forthcoming
01[12:15] {Threei}  why does my trading log gets hits from the site buyclassybags.com?
01[12:15] {Threei}  are you guys talking about purses when I am not looking?
[12:16] {dino} wpz
[12:16] {Les} I'm a longchamp man myself
[12:25] {dino} esv?
01[12:27] {Threei}  no news
[12:27] {dino} ex div is all i see
[12:27] {dino} sm l .50 trig
01[12:27] {Threei}  yeah but that's Feb 26
[12:28] {Les} bullish divergence buiding here on ESV
[12:28] {thomcbell} now lets wait for a setup
[12:34] {Les} IWM db?
[12:34] {dino} mgln
[12:36] {dino} missed it
01[12:40] {Threei}  visual: http://goo.gl/yAQIv
[12:42] {Will49} keeper
[12:43] {Les} DB worked for a TNA scalp on paper +.25
[12:48] {cipher} ftnt l .14
[12:54] {dino} jci
01[12:54] {Threei}  JCI Said to be evaluating the sale of its auto interior segment - financial press -
[12:59] {cipher} out ftnt .21 +.07
[13:03] {cipher} arii l .27
[13:11] {dino} jci sm s .70
[13:14] {dino} stop -.31
[13:21] {dino} jci sm s .35
[13:22] {thomcbell} esv nice
[13:23] {dino} indeed
[13:27] {dino} bidu drop
[13:28] {Les} +.34 on JCI ty dino
[13:28] {Les} paper trade
[13:28] {dino} gj
[13:32] {cipher} bidu l .72
[13:32] {cipher} out .88
[13:32] {cipher} thx dino
[13:32] {dino} np, gj
[13:32] {dino} any chance it searches out vwap?
[13:33] {cipher} looks weak
[13:33] {dino} jci i mean
[13:34] {nemo} has to get below .80 first
[13:34] {nemo} then .30
[13:34] {dino} .85 tough area so far
[13:34] {dino} out esv .79, +.29
[13:37] {cipher} QCOR DROP
[13:37] {cipher} qcor l.81
[13:37] {Les} rebuilding my account with Vad and trading Dino on paper for a few months. trade structure on Dino setups much clearer now
[13:37] {Les} cipher on the hand scares me
[13:37] {nemo} APC look volume over 20 minutes
[13:37] {dino} cipher is fast
[13:40] {cipher} I play slower stocks as well
[13:40] {nemo} when?
[13:40] {cipher} but of course prefer fast ones
[13:41] {nemo} cipher speak with forked tongue
[13:41] {dino} you must be younger than i cipher
[13:41] {cipher} out qcor .09 +.28
[13:41] {dino} gj
[13:41] {cipher} not by much
[13:41] {cipher} ty
[13:44] {cipher} arii to .47
[13:49] {cipher} out arii .45 +.18
[14:01] {cipher} AMZN L .00
[14:02] {dino} cov jci .74, +61
[14:02] {dino} .61
[14:07] {cipher} out amzn .18 +.18
[14:07] {dino} gj
[14:08] {cipher} ty
[14:10] {cipher} life s .83
[14:10] {cipher} cov .70 +.13
[14:13] {cipher} life l .36
[14:16] {cipher} out .49
[14:20] {Les} fcx
[14:31] {nemo} wtf...dell
[14:33] {cipher} amzn l .16
[14:37] {cipher} out .44 +.28
[14:43] {dino} aegr
[14:47] {nemo} they're gonna' run this thing
01[14:50] {Threei}  Dell Inc Carl Icahn is said to built a 6% stake and to have urged the board's special committee to pursue a leveraged recapitalization - CNBC's Faber- Icahn stake of around 6% would be over 100M shares; may be filing his 13D disclosure shortly.
[14:56] {jdetente} these slow grind up days...on verge of passing out from boredom.
[14:56] {nemo} at least you don't have to talk to Les
[14:57] {jdetente} I don't want to become an afternoon drinker like some people here...
[14:57] {nemo} That's rather offensive....
[14:57] {nemo} I start in the morning
01[14:57] {Threei}  you mean you want to remain a morning drinker?
[14:58] {jdetente} drinking is best first part and last part of the day
[14:58] {jdetente} the afternoon though...a bit depressing hehe
[14:59] {cipher} life l .28
[15:02] {Les} out +.13 Nemo thanks
[15:02] {cipher} aegr s .87
[15:02] {nemo} Oh, you're very welcome Les
06[15:03] * nemo {=polite
[15:04] {Les} sickly sweet insincerity comes across loud and clear with Nemo, even on the net
01[15:06] {Threei}  oh come on, could have been much worse... he could say "my pleasure, to serve you is first thought I wake up with every morning, you make my day by acknowldeging my modest effort"
[15:06] {Will49} ha
[15:06] {dino} vips
01[15:06] {Threei}  and that would drip with sarcasm so thick, internet would stop funstioning for a day
[15:09] {cipher} vips wow
[15:10] {cipher} out life -.11
[15:12] {cipher} cov aegr .74 +.13
[15:12] {dino} gj, its tough to get out of
[15:13] {cipher} ty
[15:15] {cipher} vips drop again
01[15:15] {Threei} Short Setup: STT  59 break
01[15:15] {Threei}  If holds  .10
[15:16] {cipher} vips l .74
[15:17] {dino} cov aegr +.06, ting too jumpy
[15:20] {cipher} disca l .50
[15:20] {dino} dust sm l .28
[15:27] {cipher} out disca -.06
[15:29] {dino} dust stop -.26
01[15:34] {Threei}  1:1
[15:35] {cipher} disca l.00
01[15:39] {Threei}  1:2
[15:40] {patel} out at .77 thanks VAD
[15:40] {patel} VAD for president
[15:40] {Will49} out tkd Vad
[15:40] {cipher} out disca .28 +.28
[15:40] {Will49} tks
01[15:40] {Threei}  yw guys
[15:40] {jdetente} dittoditto Vad. Ty!
01[15:40] {Threei}  :)
[15:41] {Les} http://www.youtube.com/watch?v=zM9zMQ179CM
[15:41] {Les} greed yhere
[15:42] {Will49} good call Vad...good day!
[15:43] {jdetente} yupypu closing the day strong
[15:44] {jdetente} *yup
[15:44] {thomcbell} long setup deck 48.89 break if holding 48.76
01[15:44] {Threei}  1:3
[15:44] {Les} vwaps are failing
01[15:44] {Threei}  over and out
[15:45] {cipher} fngn l.53
[15:47] {thomcbell} invalidated
[15:48] {Les} cover .70 nice scalp ty sir
[15:48] {Les} outta here need my beauty sleep
[15:48] {Les} ty all for great setups great day it was
01[15:50] {Threei}  yw
[15:50] {Will49} aahhhh, les didn't see you say yw
01[15:51] {Threei}  oh well
[15:51] {Will49} we shouldn't bully Les
01[15:51] {Threei}  I will send him e-mail
01[15:51] {Threei}  saying "yw"
[15:51] {Will49} :)
01[15:51] {Threei}  or will greet him by these letters tomorrow
[15:51] {nemo} Will, go to your room
[15:51] {Will49} LOL
[15:53] {jdetente} alright fellas good day. Thanks for the trades Vad.
[15:53] {Will49} Cheers guys...tks Vad -take the rest of the day off
[15:54] {Will49} see....I'm waiting to see if Vad laughs
[15:54] {dino} gn all, thx for ideas
[15:55] {Will49} gn dino
[15:55] {patel} GDX i came with 14 dollars net profit
01[15:55] {Threei}  thank you all, have a good evening
[16:01] {cipher} out fngn .70 +.17