Thursday, March 14, 2013

March 14 2013

The only difference vs. yesterday was lower volume and longer boredom period. The rest is the same, profitable and mostly inactive.


Session Time: Thu Mar 14 00:00:00 2013
[08:38] {patel} Good Morning Room,
[08:41] {cipher} gm
[08:50] {nemo} markets are never going down again
01[08:53] {Threei}  morning guys
[08:53] {nemo} you know better
01[08:56] {Threei}  well... it is morning, isn't it?
[08:56] {nemo} wow amd 3.6 8 core with liquid cooling system $170
[08:56] {nemo} true
[09:05] {jdetente} Good morning
01[09:06] {Threei}  jd :)
[09:15] {dptl} gm
01[09:17] {Threei}  dp :)
[09:21] {ese} morning
01[09:21] {Threei}  ese :)
[09:21] {dino} gm
01[09:21] {Threei}  dino :)
[09:21] {ese} dino vad thom
[09:22] {Will49} gm
[09:22] {ese} mornin will
[09:23] {Will49} mornin
[09:24] {ese} pope seems like a nice enough fellow..........was going to invite him for a Grimbergen beer this friday...........what do you think?
01[09:24] {Threei}  will :)
[09:24] {Will49} great idea...better invite Vad too :)
01[09:25] {Threei}  I stay away from religious gatherings
[09:25] {ese} oh ya.....lol
[09:27] {Les} morning
01[09:28] {Threei}  les :)
[09:28] {backman} morning
[09:28] {nemo} spy looks like wants to open above R1
01[09:28] {Threei}  backman :)
[09:28] {ese} les backman nemo
[09:28] {nemo} oh shit, now I have the batman theme song from the 60's going through my head BACKMAN!
[09:29] {backman} Robin!!
[09:29] {nemo} Catwoman  ;-)
[09:29] {ese} lol
[09:29] {nemo} the associations my mind make scare the bejeezus out of me
01[09:30] {Threei}  SLW swan dive
[09:31] {ese} and well they should
[09:33] {dino} out ebay from yesterday trigger, .30, +1.29
01[09:33] {Threei} Short Setup: GDX  .60 break
01[09:33] {Threei}  If holds  .70
01[09:34] {Threei}  Invalidated
[09:34] {cipher} SBUX L .71
[09:34] {cipher} out .85
[09:34] {Will49} nice payday dino
01[09:35] {Threei} Short Setup: BBRY  .60 break
01[09:35] {Threei}  If holds  .70
[09:35] {patel} not shortable
[09:36] {cipher} same here
[09:36] {jdetente} no shares
[09:36] {cipher} good one
01[09:36] {Threei}  it is here
01[09:36] {Threei}  1:1
[09:36] {cipher} vra l .50
[09:36] {Will49} you must have gotten the last lot Vad
01[09:36] {Threei}  I guess, some came at .60
01[09:37] {Threei}  1:2, out
[09:37] {jdetente} nice trade
[09:37] {cipher} sorry  vra=CAR
[09:37] {nemo} R2 in .10 this market just goes
[09:37] {nemo} probably keeps going until next earnings season
[09:38] {cipher} out car .60 +.10
[09:38] {dino} cvi sm l ave .02
[09:39] {dino} stop .78
[09:39] {thomcbell} ebay looking for a short setup at some point - hell of a rally back from all that selling
[09:39] {cipher} CVI L .80
[09:39] {nemo} not really thom look at daily
01[09:39] {Threei} Short Setup: GDX  .80 break
01[09:39] {Threei}  If holds  .90
[09:39] {cipher} GMCR L .70
[09:40] {dino} tbell down about 5 bucks ebay
[09:40] {dino} cipher join ya at .90
[09:43] {dino} cvlt?
[09:43] {cipher} tsla l .00
01[09:46] {Threei} Short Setup: LVS  .05 break
01[09:46] {Threei} Short Setup: .15
[09:47] {cipher} SBUX L .62
[09:48] {cipher} out .80
[09:48] {cipher} czr l.35
01[09:50] {Threei}  1:1
[09:50] {cipher} out czr .66 +.31
[09:52] {cipher} AWAY L .95
[09:54] {ese} out dks from yesterday .63 +.44
[09:58] {Will49} ese..nice beer money
[09:58] {Will49} dks
[09:58] {dino} out cvi .49, +.59
[09:58] {ese} eggzactilly
[09:58] {nemo} learn how to spell ese
[09:58] {Will49} another nice one dino
[09:59] {cipher} infi spike
[09:59] {ese} lol
01[09:59] {Threei} Short Setup: CAT  .55 break hl
[09:59] {nemo} grind grind grind
01[10:00] {Threei}  If holds  .65
01[10:00] {Threei}  aggressive for .50
01[10:00] {Threei}  1:1
[10:00] {nemo} should be good to .10
[10:00] {nemo} oops maybe only .19
[10:02] {nemo} the way cat's chart looks, if it gets through 88, it'll look to test the low back on jan 31
[10:02] {nemo} imo
[10:02] {nemo} opinions are like certain bodily orifices
[10:02] {nemo} btw...cat is number one on weak side of algo
01[10:03] {Threei}  {--- spots those better than any algo
[10:03] {nemo} better put the sling on
[10:03] {cipher} infi s.49
01[10:03] {Threei}  just reached for it
01[10:03] {Threei}  and dislocated shoulder in the process
[10:04] {cipher} out away .15 +.21
[10:04] {cipher} out cvi .41 +.61 thx dino
[10:04] {dino} whats up w/cvlt. i can't find anything
01[10:05] {Threei}  1:2
[10:05] {dino} np cipher
01[10:05] {Threei}  nothing here either dino
[10:06] {cipher} is there news on infi?
[10:06] {dino} messing w/85 strike perhaps?
01[10:06] {Threei}  nope, not since Mar 6 cipher
[10:06] {cipher} thx
[10:07] {cipher} spiked for no reason then
[10:08] {cipher} cov infi .55 -.06
[10:10] {dino} cvlt smr s .68
[10:12] {Les} slw .50 bd?
[10:12] {ese} whos this reshi ...............
[10:12] {Les} never mind
[10:12] {cipher} cvlt s .83
[10:13] {dino} thing won't fall cipher
[10:14] {dino} when/if it does expect a buck...
[10:14] {nemo} keep lube handy
[10:14] {dino} stopped .09, -.39
[10:14] {nemo} 85.50ish likely
[10:15] {dino} reload s .56
[10:15] {Les} nope cvlt plays definitely not for me
[10:17] {Will49} out cat tks vad
[10:19] {dino} wtf cvlt dollar spike
[10:20] {patel} tks Vad on CAT
01[10:20] {Threei}  yw
[10:20] {dino} theres your 85.50 nemo, nice call
[10:21] {nemo} and no news
01[10:21] {Threei}  1:3
01[10:21] {Threei}  {--- walking algo
[10:21] {nemo} algo=ego
[10:21] {cipher} lbtyk l .44
[10:21] {nemo} sorry
[10:21] {nemo} not really
[10:22] {cipher} out lbtyk .59 +.15
[10:23] {nemo} wow
[10:23] {nemo} cvlt
[10:25] {cipher} CVLT S .37
[10:25] {dino} nice
[10:25] {cipher} cov .93 +.35
[10:25] {cipher} too soon
[10:25] {nemo} yeah but being too late is fatal
[10:26] {cipher} spwr l.84
[10:26] {dino} lower high...
[10:27] {cipher} damn no fill @ .60
[10:27] {dino} sm s .00
01[10:29] {Threei} Long Setup:  SLW  .60 break
01[10:29] {Threei}  If holds  .50
[10:31] {nemo} this first support for cvlt
[10:31] {nemo} 83 shaping up as strong
[10:32] {dino} yeah, see that vwap area
01[10:32] {Threei}  1:1
01[10:33] {Threei}  1:2
01[10:33] {Threei}  algo you sayz?
[10:33] {nemo} the walking ego, I mean algo
01[10:33] {Threei}  :)
[10:33] {Les} ty sir out +.18
01[10:33] {Threei}  yw
[10:34] {cipher} cvlt s .54
[10:34] {jdetente} thanks Vad
[10:35] {nemo} watch cat for short here
01[10:35] {Threei}  :)
[10:35] {cipher} cov cvlt .15 +.39
[10:35] {patel} thanks VAD
[10:35] {cipher} WPRT DROP
[10:35] {Will49} tks Vad
[10:36] {nemo} you have price action breakout at 83.10 on cvlt along with fib and vwap support, see if it gets there
[10:37] {nemo} finnies weak
[10:37] {dino} ok boss
[10:37] {nemo} wise ass
[10:38] {dino} :)
[10:38] {cipher} wprt l .87
[10:38] {dino} you in it nemo/
[10:38] {dino} ?
[10:38] {nemo} no
[10:38] {dino} 84.20s tough area so far
[10:38] {Les} +.10 ty cipher
[10:38] {nemo} this is middle distance, no place to be anywhere
[10:39] {nemo} don't like standing in my opponents power zone
[10:39] {cipher} out wprt .15 +.28
[10:39] {dino} no mans land
[10:39] {cipher} yw les
[10:39] {nemo} yeah
[10:40] {nemo} no news...weird
[10:40] {nemo} now they try to go back and check the high
[10:41] {nemo} stuck at the 1 min 20 so far
[10:43] {ese} anybody wary of the mrkt right now......i'm lookin for some kinda blow off top that doesn't seem to be happening
[10:43] {nemo} I think it keeps going until next earnings season at least
[10:43] {Les} blow off top ese?
[10:43] {Les} crap if only
[10:44] {dino} no thoughts on it ese
[10:44] {ese} some kinda parabolic move les should signal a reversal of some kind
[10:44] {nemo} outside of a currency blowing up, why sell?
[10:44] {ese} i guess eh
01[10:44] {Threei}  we had nothing even close to blow off top thus far... slow creep-up
[10:44] {nemo} all reports good, earnings good, bad news and good news being bought
[10:44] {Les} sure and would be readable ese
[10:44] {Les} grind up sux
[10:44] {nemo} only two days without pomo this month
01[10:45] {Threei}  well, a few things could happen nemo
[10:45] {nemo} Bennie is dumping $1 million a minute into the market
[10:45] {nemo} of course something could happen
01[10:45] {Threei}  Europe... Iran...
[10:45] {Les} really? nice guy...
[10:45] {ese} ya korea
[10:45] {nemo} Yeah, it would be great if Iran would nuke Switzerland as a demonstration
01[10:45] {Threei}  he is, isn't he
[10:45] {ese} lol
[10:45] {nemo} kill two birds with one stone
01[10:46] {Threei}  providing nothing of these geo-scaled things happen, than monetary injection continues propping markets
[10:46] {nemo} Iran would be destroyed, and...
[10:46] {nemo} we'd never hear from Les again
[10:46] {ese} nuke switzerland........now that was funny
[10:46] {ese} of course not the canton where your living eh les
[10:46] {Les} Les no more
01[10:46] {Threei}  plus, there is just nothing else to invest in
[10:46] {cipher} infa l .36
[10:46] {nemo} I was hoping they'd target Les' toilet
[10:46] {ese} lol
[10:47] {ese} thats a brutal visual
[10:47] {Les} infa +.10 ty cipher
[10:48] {Les} bomb switzerland and you bomb half the capital of Europe and a fair few of its billionaires...
[10:48] {cipher} it has more juice me thinks
[10:48] {nemo} lefties will be psyched
[10:48] {nemo} cvlt might be worth a short here
[10:49] {cipher} dnkn l.50
[10:50] {nemo} look for GMCR short between hear and .70
[10:50] {nemo} here
[10:50] {nemo} frickin' homonyms
[10:50] {cipher} out infa .63 +.27
[10:50] {cipher} love these plays
[10:50] {nemo} what plays cipher
[10:50] {nemo} ?
[10:50] {cipher} mine :)
[10:51] {nemo} nice
[10:51] {cipher} see above post nemo :)
01[10:51] {Threei}  shakespear of course, what else could he be talkin' about, duh
[10:51] {cipher} or am I on ignore???
[10:51] {nemo} no, I just thought you had a specific description
[10:51] {cipher} let's call them cipher plays
[10:52] {Les} +.10 DNKN you are a frikin cash machine cypher
[10:52] {nemo} I'll be nice
[10:52] {nemo} spy gonna pop
[10:52] {patel} yes
[10:53] {cipher} dnkn target .70
[10:54] {nemo} if cvlt breaks the high, could go for awhile
[10:55] {cipher} out dnkn .69 +.18 pretty close
[10:55] {cipher} sorry .68
[10:57] {cipher} cvlt s.53
[10:58] {Les} on yer own there
[10:58] {Les} that is a nasty piece of work
[11:00] {dino} scanners barely moving
[11:01] {dino} cvlt sm s .64
[11:01] {nemo} now you're bored
[11:02] {dino} caught that wrong
[11:02] {cipher} stopped .81
[11:02] {Les} looks like an ascending triangle slowly building in cvlt
[11:03] {nemo} fat finger spy
[11:04] {nemo} gone
[11:04] {cipher} cvlt s .64 last try
[11:06] {nemo} summer is going to be one loooooooong coma
[11:06] {dino} if this is an indication then yes
[11:06] {Les} tsla sm s .00
[11:06] {Will49} remember...anything can happen
[11:07] {nemo} thus sprach the market oracle
[11:07] {Will49} :)
[11:07] {nemo} spy fat finger the other way
[11:07] {Will49} only reflecting my insecurity
[11:07] {nemo} liking kors above .25
[11:08] {cipher} cov cvlt .80 -.16
[11:08] {dino} stop .00, -.36
[11:09] {nemo} http://www.youtube.com/watch?v=zUY8lBtfQEw
[11:09] {cipher} l cvlt .25
[11:09] {cipher} out .69
[11:09] {cipher} fu cvlt
[11:09] {Will49} lol
[11:09] {Les} oops no TSLA short can't borrow
[11:09] {nemo} had to turn around cipher?
[11:10] {cipher} yep
[11:10] {cipher} had to get my money back
[11:10] {dino} lol
[11:11] {cipher} cvlt s .24
[11:12] {cipher} cov .96
[11:12] {cipher} there
[11:12] {cipher} done with this dog
[11:13] {cipher} exciting day
[11:14] {dino} sm s .96
[11:14] {cipher} putting dino on ignore
[11:14] {cipher} just kidding :)
[11:15] {dino} lol, getting in your head
[11:15] {nemo} another fat finger spy, games today
[11:15] {cipher} yep cvlt got me pissed
[11:15] {nemo} first was down, then up , now down, must be headed up
[11:16] {Les} grabbed a little below .00 but not a stock I wanna mess with anymore. experience on paper is enough
[11:16] {dino} anybody think clf getting ready for bounce? thing is down about 30 days in row
[11:16] {nemo} coal? no
[11:16] {cipher} looks short to me
[11:16] {dino} iron
[11:17] {dino} 20 strike area has me thinking bounce
[11:17] {nemo} just above 20 is fib extension
[11:17] {Les} maybe here
[11:17] {Les} of .25
[11:17] {Les} or not of
[11:17] {nemo} yeah, on the 1 minute, market goes higher it could go to 21
[11:17] {Les} like the crickets nemo
01[11:17] {Threei} Short Setup: LVS  .20 break
01[11:17] {Threei}  If holds  .30
[11:17] {nemo} I gotta' leave soon anyway
[11:18] {Will49} how's you dad?
[11:18] {Will49} your
[11:21] {nemo} o.k. this surgery didn't work out as well so far, have to take him for follow up
[11:21] {cipher} infa l .23
[11:24] {Will49} hope it all works out...eyes most important imput sensors
[11:24] {Will49} input
[11:27] {ese} sure is persistant isn't he
[11:27] {dino} cov cvlt .82, +1.14
[11:27] {Les} lol pay day
[11:28] {Les} CLF can't borrow
[11:28] {dino} gl nemo
[11:28] {Les} yeh cheers Nemo
[11:28] {cipher} infi l .91
[11:28] {dino} waiting for spike to short it
[11:33] {cipher} vrtx l.27
[11:34] {dino} infi partial s .81
[11:34] {dino} ok
[11:38] {cipher} PANL L .66
[11:40] {cipher} bidu l.29
[11:40] {cipher} out vrtx .46 +.18
[11:46] {cipher} out bidu .50 +.21
[11:47] {nemo} 156.90 today it looks like
[11:50] {cipher} esrx s .47
[11:55] {cipher} cov .33 +.14
[11:56] {dino} cvlt reloaded sm s .80
[11:57] {backman} BBRY...poss failure after flag breakout
[11:57] {dino} cov .44, +.36
[12:00] {cipher} ntes drop
[12:00] {Les} giddy up miners
[12:03] {cipher} out panl .79 +.14
[12:04] {Les} ESRX cover +.23 ty
[12:05] {Les} sold PAnl +.06 TY
[12:05] {cipher} esrx l.15
[12:06] {cipher} ntes l .44
[12:08] {cipher} out esrx .36 +.21
[12:09] {cipher} out ntes -.13
[12:12] {dino} infi stop -.21
01[12:17] {Threei}  68% of GOP Voters Have Favorable View of Jeb Bush
[12:20] {cipher} infi spike agin
[12:20] {cipher} ntes s .79
[12:21] {Les} you are a trading god cipher
[12:21] {Les} son of VAd I call you
[12:22] {dino} rgr drop
[12:22] {cipher} out infi .30 +.39
[12:22] {Les} flipped flopped on INFI as Dino shorted it but it never broke the initial hammer support my bad. went long .95 out .05 and .20 ty
[12:23] {cipher} cov ntes .62 +.17
[12:23] {dino} that pause had me thinking drop
[12:23] {dino} cvlt sm s .91
[12:24] {cipher} rgr l .84
[12:24] {dino} cov .57, +.34
[12:24] {Les} yeh I had a stop and didn't hold it, got out green but not stinking filthy green
[12:25] {cipher} out rgr .10 +26
[12:25] {cipher} too soon maybe
[12:26] {cipher} taking a little break
[12:51] {dino} hmmm, wanted clf at .00 area, no go
[12:55] {Les} RGR l .02
[13:03] {Les} out +.18
[13:06] {Les} CLF sitting on VWAP support here
[13:09] {Les} crap quick drop and can't borrow bummer
[13:17] {dino} sssssllllllooooowwwwwwwww markets
[13:17] {dino} going to take a break
[13:21] {Les} ESRX small long .34
[13:25] {dino} calling it a day. good one. thx all
01[13:25] {Threei}  hah
[13:25] {Les} cheers
01[13:25] {Threei}  and we need to suffer alone
[13:26] {dptl} yeah..me too..calling it  a day , good one, see ya tomorrow all
[13:29] {ese} was sleeping.........am not away........just like the band "Asleep at The Wheel".........."there ain't nobody here but us Chickens" maybe one of there best tunes
[13:33] {Les} out esrx +.05
[13:50] {Will49} yawn......
[13:51] {Les} GS dociley let's me on board for a long. This market is gonna roll heads when it is over...
[13:56] {Will49} make sure it's not yours Les
[13:57] {Les} easier said than done :)
[14:00] {ese} What a nothing day this is my scanners have showed basically nothing
[14:01] {cipher} my scanner was pretty busy earlier
[14:02] {ese} Ya earlier for me as well but then nothing
[14:02] {ese} Those last two messages were dictated to this computer from Mountain lion apples new operating system
[14:03] {ese} This is really cool I may never have to type ever again
[14:03] {ese} Also I'll be able to send messages quicker driving you all crazy a lot faster
[14:03] {ese} Awesome
[14:03] {Will49} oh noooooo
[14:04] {ese} Oh yes
[14:04] {Will49} :)
[14:05] {ese} Did you notice how fast that reply was
[14:05] {ese} I wonder if I can swear with this as well
[14:05] {ese} Let's try it Nemo you Nimrod!
01[14:05] {Threei}  try post a smile
[14:05] {ese} Awesome
[14:06] {ese} Smile
[14:06] {ese} hmmmmmmmmmmmm
[14:06] {Will49} back to the drawing board
[14:07] {ese} lol
[14:07] {Will49} i try to dictate to my wife but it rarely works
[14:08] {ese} Good luck to you that's one smart intelligent woman there she won't be standing for a whole lot of that
[14:08] {Will49} yeah but she's not much of a beer drinker
[14:08] {ese} lol
[14:09] {Will49} so, every time we go out i say :let's have a beer and i end up with one and a half
[14:09] {Will49} pretty good deal
[14:10] {ese} Yep sounds like you win either way
[14:10] {cipher} reminds me of my brother in law...
[14:10] {ese} He's a woman
[14:10] {cipher} barely finishes half a bottle
[14:10] {cipher} might as well be :)
[14:10] {Will49} ouch
[14:11] {ese} Okay now that was funny
[14:11] {cipher} what kind of guy can't finish 1 stinking bottle???
[14:11] {cipher} and we're not talking euto 1/2 liter
[14:11] {cipher} euro
[14:11] {ese} That's a very good question you pose there
[14:11] {Will49} you have to be able to do a 2/4 in one day to get your Canadian citizenship
[14:12] {ese} rotflol
[14:12] {ese} definitely
[14:12] {Will49} or did they let you substitute vodka vad?
[14:12] {ese} And will can speak from experience
[14:12] {Will49} :)
[14:13] {ese} Yep his citizenship test was definitely the harder vodka route
[14:13] {Will49} maybe back at university
01[14:13] {Threei}  they stamped my papers when I downed second bottle and ask whether they have Crpwn Royal to wash it down
[14:13] {Les} lol
[14:13] {ese} lol
[14:13] {Will49} hahah
[14:14] {ese} That is hard-core and I expect nothing less from the leader of this board
01[14:16] {Threei}  jokesd aside, I once sent a table of dining traders in deep shock
01[14:17] {Threei}  that was the very first traders expo I participated in, dinner of am attendees, about a dozen and a half, room members, some industry folks
[14:17] {ese} cool
[14:17] {Les} what year?
01[14:17] {Threei}  as usual, jokes about ruissians and vodka started
[14:17] {ese} 1955
01[14:18] {Threei}  hmm... gotta look photos
06[14:18] * Les slap around ese with a bottle of reb wine
[14:18] {Les} red wine
[14:18] {Les} ooops
01[14:18] {Threei}  I think 2001 - 2002, but gotta look it up
[14:18] {ese} Okay so I overestimated a little
01[14:18] {Threei}  so, someone calls a waitress,
01[14:19] {Threei}  tells her: pour this guy a glass of vodka, to the rim
01[14:19] {Threei}  girl nods, brings a glass, I look at it,
01[14:19] {Threei}  there is about half glass filled with ice
[14:20] {Les} can see where this is going :)
[14:20] {ese} I can't keep going
01[14:20] {Threei}  which makes it ridiculously small dose for an experiencefd drinker whi knows the technique of downing full glass in one gulp
01[14:20] {Threei}  So, I decide to go for a kill
[14:21] {ese} lol
01[14:21] {Threei}  and tell the gilr:
[14:21] {ese} this is too funny
01[14:21] {Threei}  honey, I will need something to wash it down with
01[14:21] {Threei}  she nods, says Sprite, Coke?
[14:21] {Les} heheh
[14:21] {ese} lol
01[14:21] {Threei}  I say, no, bring another one just like this
01[14:22] {Threei}  she pauses, makes sure she heard right
01[14:22] {Threei}  You mean vodka?
01[14:22] {Threei}  I say yes
01[14:22] {Threei}  she hear accent, thinks maybe I don't understand what this is
[14:22] {ese} I'm hanging on your every word here
01[14:22] {Threei}  says "this is vodka, you know? V-o-d-k-a
01[14:23] {Threei}  I say, listen I am thristy, you gonna brong it to me or talk me to death?
[14:23] {cipher} LOL
[14:23] {ese} This story is epic
01[14:23] {Threei}  she shrugs, returns with another glass,
[14:23] {Les} sm short CVLT .97
01[14:24] {Threei}  everyone looks at me, girl doesn't leave this time, she wants to see it
[14:24] {ese} And and
01[14:24] {Threei}  I inhale first glass, take second in my hand, make a pause, as if I listen to myslef, nod to myself and inhale another one,
01[14:24] {Threei}  dead silence around,
01[14:25] {Threei}  someone pushes a dish with finger food to me, called "crocodile bites"
01[14:25] {Threei}  says quick eat something!
01[14:25] {Threei}  I say, nah, I'll have a cigarette first
[14:25] {Les} ahhahaha
01[14:25] {Threei}  from another end of the table I hear someone saying
[14:26] {Les} wasn't 100 proff I hope
[14:26] {Les} proof
01[14:26] {Threei}  I would f**ing fdie right here
[14:26] {ese} rotfrigginflol
01[14:26] {Threei}  girl says: you need anything else?
01[14:26] {Threei}  I say certainly not vodka...
01[14:26] {Threei}  she says I hope so!
[14:26] {Will49} lol
01[14:26] {Threei}  I finish: for the next 15 min
01[14:27] {Threei}  I heard legends about that dinner for a few years after that :)
[14:27] {Will49} great story
[14:27] {ese} Epic is the word and legend
01[14:28] {Threei}  but really, it's all technique
01[14:28] {Threei}  you just need to know how it's done
[14:28] {ese} Possibly the best story I've ever heard you tell from this board vad
[14:28] {Will49} so...ese, guess we don't challenge that guy to any drinking games eh?
[14:29] {ese} That'll be a negatory Big Ben
[14:29] {ese} Interesting thing is he still alive to tell this story I thought he was a little rough looking the first time I met them
[14:29] {ese} him
01[14:30] {Threei}  thnat was fresh from winnipeg {G}
[14:30] {Les} cover CVLT .75
01[14:31] {Threei}  and really ese... this is nothing vs stories about mafia
[14:32] {cipher} chkp l .50 stop .45
[14:36] {cipher} call drop
[14:37] {ese} Well I'm glad those Maffia types convinced you to come here
[14:38] {Will49} most people don't need much convincing to leave Winnipeg
[14:39] {Will49} one winter and se ya later
[14:39] {Will49} see
[14:39] {ese} Well maybe ....... the saying on the license plate says friendly Manitoba and it's the truth
[14:39] {ese} I enjoyed my five years there
[14:39] {Will49} they need all the friends they can get
[14:39] {ese} lol
[14:40] {ese} Although it was freaking cold during the winter that's for sure
[14:41] {Les} GDX .30 short?`
[14:42] {ese} I've got a dentist appointment everyone so have a great rest of the day and will see you tomorrow
01[14:42] {Threei}  worth a try
01[14:42] {Threei}  take care ese
[14:42] {Will49} be good
[14:42] {ese} See you vad
[14:42] {ese} Will
[14:42] {Les} woops
[14:43] {Les} didn't catch that
[14:43] {Will49} it's the thought that counts Les
[14:43] {Will49} no thats wrong!
[14:43] {Les} doesn't pay
[14:44] {Les} chkp stop +.02
[14:52] {Les} 1:1 any takers?
[14:54] {jdetente} nice one Les...was away when you took it
[14:54] {Will49} dropped like a rock as soon as i looked
[14:54] {Will49} missed it
[14:55] {cipher} dino you see any support on CALL?
[14:56] {Les} .20 is daily pivot. may consolidate and drop further
03[14:57] * Retrieving #discussions modes...
[14:58] {cipher} would like quick drop below 13
[14:58] {cipher} 70-sh area
[14:59] {Les} yeh bit of volume in 85-75 area S3 was .26
[14:59] {Les} .85-.75
[15:01] {cipher} in .11
[15:01] {cipher} bouncing off whole
[15:04] {cipher} athn l .10
[15:05] {Les} nice bounce
[15:06] {Les} ATHN bouncin off the ten day
[15:12] {cipher} call target .50
[15:13] {cipher} so is athn
[15:13] {Les} nice setups dinner time here kids knawing at my ankles
[15:14] {cipher} bon apetit
[15:16] {cipher} athn at target
[15:17] {cipher} out athn .51
[15:18] {Will49} nice on cipher
[15:18] {Will49} one
[15:18] {cipher} ty
[15:20] {Les} 1:2 GDX
[15:20] {Les} VWAP is here
[15:27] {cipher} athn l.50
[15:30] {jdetente} VXX just keeps making new lows and we keep grinding up it seems
[15:30] {jdetente} snooze
[15:34] {Les} wild ride ATHN
01[15:39] {Threei} Long Setup:  CAT  ,80 break
01[15:39] {Threei}  If holds  .70
01[15:44] {Threei}  actually, let's keep a stop at .74
[15:45] {cipher} out athn .55 +.05
01[15:45] {Threei}  half out
[15:46] {cipher} +.10 cat thx
01[15:46] {Threei}  is it nice finishing scalp or what
[15:46] {cipher} kids don't try this at home
01[15:46] {Threei}  hehe
[15:46] {cipher} athn dumped on me while taking a bathroom break
[15:47] {cipher} took a chance and it worked
[15:47] {cipher} but 90% of the time it doesn't
01[15:47] {Threei}  lol
[15:47] {cipher} I don't use hard stops
01[15:47] {Threei}  that's one easy to misread sentence you constructed there
[15:48] {cipher} you know what I mean :)
01[15:48] {Threei}  yes :)
[15:49] {Les} SPY ATH around here isn't it?
01[15:50] {Threei}  what's ath?
[15:50] {Les} all time high
01[15:50] {Threei}  yeah
[15:51] {Les} think we just crosse dit
01[15:52] {Threei}  good job Ben
[15:53] {Les} missioni accomplished
01[15:53] {Threei}  another bubble to clean up after
[15:54] {cipher} zumz drop
01[15:54] {Threei}  ok guys, thank you all
01[15:54] {Threei}  have a good evening, see you tomorrow
[15:54] {Les} cheers
[15:54] {backman} thnk u
[15:56] {jdetente} good night all
[15:56] {backman} nite
[15:56] {Will49} see ya

Wednesday, March 13, 2013

March 13 2013

Replica of the last days. Nicely profitable, unhurried, somewhat boring. Another day in the office.

 Session Time: Wed Mar 13 00:00:00 2013

[08:34] {patel} Good Morning
[08:40] {cipher} hi patel
[08:40] {cipher} gm
01[08:50] {Threei}  patel, cipher :)
01[08:57] {Threei}  (DE) German Govt spokesperson Seibert: German Chancellor Merkel, France Pres Hollande and EU's Barroso to meet Monday, March 18th in Berlin -
01[08:57] {Threei}  finally... that bottle of cognjac was getting stale
[09:14] {jdetente} gm
01[09:14] {Threei}  jd :)
[09:14] {Les} good afternoon
01[09:14] {Threei}  les :)
[09:20] {ese} gm
[09:20] {ese} out yndx .70 +.33
01[09:20] {Threei}  ese :)
[09:21] {Will49} good morning
[09:21] {ese} will
01[09:21] {Threei}  will :)
[09:23] {Will49} hey ese
[09:24] {ese} thought that this mrkt would be tanking with Kim Junk eel.....whatever his name is...cancelling the Korean war armistice
[09:25] {dino} gm
01[09:25] {Threei}  dino :)
[09:26] {Will49} hard to take NK seriously
01[09:26] {Threei}  unless you are dennis rodman
[09:27] {Will49} he's a joke too
[09:27] {dino} that pretty much describes nk thinking
01[09:27] {Threei}  let's skip first couple minutes
01[09:28] {Threei}  nothing looks like clear opening play so far, so let's let setups shape up
[09:28] {nemo} Quad witching
[09:28] {ese} ? huh
[09:29] {Will49} like sand witching
[09:29] {dptl} gm
[09:29] {ese} dddddddddddddddddddppppppppppppppppppppppp
[09:29] {nemo} how long u been doing this ese?
01[09:29] {Threei}  dp :)
[09:29] {backman} gm
01[09:29] {Threei}  backman :)
[09:29] {ese} ah.....with vad........about 5years
[09:30] {ese} or more
[09:30] {dino} egl?
[09:30] {nemo} and you don't know what quad witching is?
01[09:31] {Threei}  very good report yesterday dino
[09:32] {ese} ese hanging head sheepishly..........um no...said quietly
[09:32] {cipher} PCRX L .43
[09:32] {cipher} GILD L.88
01[09:32] {Threei} Short Setup: GDX  .85 break
01[09:32] {Threei}  If holds  .05
[09:33] {jdetente} .85 or .95?
01[09:33] {Threei}  .95, sorry
01[09:33] {Threei}  fat fingers
[09:33] {jdetente} cool, thanks :)
[09:34] {ese} armh
01[09:34] {Threei} Short Setup: JNJ  .25 break hl
[09:34] {cipher} hmin l .35
01[09:34] {Threei}  If holds  .35
[09:35] {cipher} ctsh l .57
01[09:36] {Threei}  (US) USDA Spokesman: There has been no decision made as to how the USDA could reduce sugar surplus***Earlier in the session, there were reports that USDA was considering buying 400K tons of sugar under a govt price support program
01[09:36] {Threei}  is there any single hole where government would stick its nose?
01[09:36] {Threei}  wouldn't
[09:36] {nemo} sugar subsidies have been around forever
[09:37] {cipher} krft l .15
01[09:37] {Threei}  that's not subsidy
01[09:37] {Threei}  that's price support
01[09:37] {Threei}  even worse
01[09:38] {Threei}  GDX 1:1
[09:38] {Les} scalped ty
01[09:38] {Threei}  yw
[09:39] {dino} 07 red
01[09:39] {Threei}  1:2
[09:39] {Les} scalpers regret
01[09:39] {Threei}  1/4 more out, trail
01[09:39] {Threei}  I dunno why you were in such rush to exit
[09:39] {Les} pivot .85
01[09:40] {Threei}  shrug
[09:40] {Les} true could've left a piece
01[09:40] {Threei}  what's with pivot religion
[09:40] {Les} GDX been respecting it lately
01[09:40] {Threei}  it's not like they turn on pivots necessary
[09:40] {nemo} he's using it wrong
01[09:40] {Threei}  yup
[09:40] {Les} :P
01[09:40] {Threei}  1:3, out in full
[09:41] {jdetente} nice and easy
[09:41] {jdetente} ty
01[09:41] {Threei}  yw
01[09:41] {Threei}  this is morning, your best chance to accumulate profits for the day, before stall starts
01[09:41] {Threei}  utilize it
[09:41] {jdetente} so true
01[09:41] {Threei}  let's trail JNJ to .31
[09:42] {Les} yes been analysing this and you are right of course
[09:42] {nemo} I think you've been ass-ylzing it
01[09:42] {Threei}  even that was too soon
[09:42] {Les} I think you are in fine form this morning nemo
[09:42] {nemo} retail report analysis came out
[09:42] {nemo} you bring out the best in me Les
[09:43] {Les} glad to be back
01[09:43] {Threei}  [EUR/USD] Sets fresh 2013 lows
[09:43] {nemo} not the sentiment I had
[09:43] {Les} :)
[09:43] {jdetente} jeez guys..get a room
[09:44] {jdetente} :P
01[09:44] {Threei}  I already tried... opened #nemoles for them yesterday
[09:44] {nemo} Hey, newbie...stfu
01[09:44] {Threei}  built it... and they didn't come
[09:44] {Les} #floor is always available jd
[09:44] {jdetente} lol
[09:44] {nemo} good one Les...gawd I hate to say that
01[09:44] {Threei}  lose that .20 already JNJ
[09:45] {nemo} jnj probably strong today
[09:45] {nemo} staples and healthcare
[09:45] {jdetente} GDX too soon
[09:45] {jdetente} no complaints though
01[09:46] {Threei} Short Setup: LVS  .50 break hl
01[09:46] {Threei}  ugh, too fast
[09:46] {cipher} out hmin .69 +.34
01[09:46] {Threei}  If holds  .60
[09:46] {nemo} cramer came out postive on LVS this morning
01[09:47] {Threei}  lol
01[09:47] {Threei}  clown never ceases to deliver
[09:47] {jdetente} that's the best short sell indicator out there
01[09:47] {Threei}  no chance for entry... too bad
[09:47] {jdetente} i filled at .49
01[09:47] {Threei}  hah
01[09:47] {Threei}  wtg
[09:47] {cipher} out krft -.13
01[09:47] {Threei}  you know what to do
01[09:48] {Threei}  1:2
[09:48] {Les} nice one jd
[09:48] {Les} guess it does pay to ignore nemo
01[09:49] {Threei}  (US) Preview: Jan Business Inventories due out at 10:00ET (14:00 GMT)**Consensus expectation: 0.5%e v 0.1% prior
[09:49] {cipher} ctsh l .31
[09:50] {nemo} you delete me from skype yet Les?
01[09:50] {Threei}  I get it... JNJ is sent to us as trading gods' punishment for all the fast plays we do
[09:51] {jdetente} out last quarter of LVS on trail
[09:51] {cipher} out ctsh -.04
[09:51] {jdetente} thanks Vad
01[09:51] {Threei}  they laugh up there on the top of Trading Olympus, saying "here, wait THIS out"
01[09:51] {Threei}  yw
[09:52] {Les} take SLW .75 shor vad?
01[09:53] {Threei}  can't tell, SPY is unlcear here
01[09:53] {Threei}  and numbers in 8 min
[09:53] {Les} k
01[09:53] {Threei}  7
[09:53] {cipher} out arun .82 +.19
[09:54] {cipher} qcor l .91
[09:55] {nemo} not very liquid morning
[09:55] {jdetente} JNJ may be last trade of day...then drinking starts
[09:56] {jdetente} :D
01[09:56] {Threei}  no way
[09:56] {jdetente} I kid
[09:56] {Les} bit early, even for an east coaster no?
[09:56] {jdetente} just trying to catch up to Nemo
[09:56] {Les} as for Vad, that'd be breakfast
[09:56] {nemo} I have to drive today, so it'll be the DTs
[09:57] {Les} there's a pill for that
[09:57] {nemo} there's a pill for you too
[09:57] {nemo} it's called strychnine
[09:57] {Les} :)
[09:58] {Les} http://en.wikipedia.org/wiki/Strychnine
[09:58] {Les} charmer u r
[09:58] {ese} L dks .7499
[09:58] {nemo} yeah, I'm great with rattlesnakes, wolverines, and tasmanian devils
[09:59] {cipher} out ctsh .40 +.07
[10:00] {cipher} mcrs l .71
[10:00] {Les} booom goes jnj
[10:00] {jdetente} yowza
[10:00] {nemo} thought that might happen
[10:01] {cipher} prgo l .51
[10:02] {cipher} out pcrx .81 +.32
[10:02] {nemo} watch what ebay does around .75ish
01[10:02] {Threei}  *(US) JAN BUSINESS INVENTORIES: 1.0% V 0.5%E
[10:02] {nemo} that's bad
01[10:02] {Threei}  previous revised higher as well
[10:03] {Les} too much inventory?
[10:03] {nemo} that's very bad, means retail advances are a mirage behind higher gas prices
[10:03] {nemo} shoulda' just gone short ebay
01[10:03] {Threei}  things don't move through the pipe, les
01[10:03] {Threei}  weak demand
[10:04] {nemo} sheesh, gotta' teach him trading AND Economics,,,,wtf
[10:04] {Les} so inventory stocking would be playing a part in previous GDP figures?
[10:04] {Les} Q4 for ex.
[10:04] {Les} with no demand backing up that inventory?
[10:05] {Les} whatever
01[10:05] {Threei} Short Setup: CAT  .35 break hl
[10:05] {nemo} would like to see ebay get back to .90, but this coudl be it here
01[10:05] {Threei}  If holds  .45
[10:07] {dino} nothing matters but the tape les
[10:07] {Les} yeh I know, but the fundamental game behind it is of itnerest. will take it elsewhere
[10:07] {dino} f the fundy's
[10:08] {cipher} out mcrs .85 +.14
[10:08] {nemo} red side on algo loading up
01[10:09] {Threei}  CAT is valid
[10:10] {cipher} akam l .39
[10:10] {dino} cvi sm l .75
[10:10] {jdetente} meh
01[10:10] {Threei}  no go
[10:11] {cipher} mfrm l .08
[10:11] {dino} psx sm l .28
[10:12] {cipher} out mfrm -.08
[10:13] {cipher} thrx l .11
[10:14] {cipher} mfrm s .00
01[10:14] {Threei} Long Setup:  LVS  .80 break
01[10:14] {Threei}  If holds  .70
[10:15] {cipher} out thrx .20 +.09
01[10:16] {Threei}  Invalidated
[10:17] {cipher} ebay s .18
[10:17] {nemo} kors setting up possible short
[10:18] {cipher} cov ebay .05
[10:19] {ese} dick dick dick dickie............
[10:19] {cipher} mfrm stopped .97 +.03
[10:20] {ese} l some more dks avg .76
[10:20] {dino} out cvi .15 +.40
[10:20] {dino} pamt
[10:20] {cipher} kors s .76
[10:21] {dino} pamt sm l .38 gappy
[10:21] {ese} stop .65
[10:24] {cipher} +.28 pamt thx din
[10:25] {dino} np
[10:25] {cipher} kors finally
[10:28] {cipher} what's your target nemo?
[10:29] {nemo} get's trhrough .60 next targt is .50 then .35 then .00
[10:30] {nemo} what a frickin' mess in the indexes
[10:30] {nemo} looking for mcp short here
[10:30] {ese} dick dick dick dick dickie..........out 1/2 .90 +.14 1200 to go
01[10:30] {Threei} Long Setup:  FB  .25 break
01[10:30] {Threei}  If holds  .15
[10:31] {cipher} kors stop -.11
[10:31] {nemo} they're pushing to the other side of the ranges in the indexes
[10:31] {dino} out pamt .08, +.70
[10:32] {cipher} wtg
[10:32] {dino} ty
[10:32] {ese} nice dino..awesome
[10:32] {ese} you've had a few of those lately.......big one like that
[10:32] {dino} thx buddy
01[10:34] {Threei} Long Setup:  WFC  .30 break hl
01[10:34] {Threei}  If holds  .20
[10:34] {patel} WFC
01[10:34] {Threei}  WDC
[10:34] {ese} everytime i see that stock symbol i always think your swearing...."wtf"
[10:34] {cipher} kors s .25
01[10:34] {Threei}  what's with symbols mistype today
01[10:35] {Threei}  to make sure,
01[10:35] {Threei} Long Setup:  WDC  .30 break hl
[10:35] {ese} bizzare eye trick
01[10:36] {Threei}  Invalidated  FB
[10:36] {ese} nemo...just checked my emails......saw yours...got in to late last night to answer....am just getting to it
[10:36] {nemo} np
[10:37] {nemo} Hey, I wouldn't answer emails from me either
[10:37] {patel} to fast
[10:37] {Will49} ripped
01[10:37] {Threei}  anyone got it?
[10:38] {Will49} no
[10:38] {Les} nope
[10:38] {patel} no
[10:38] {patel} saw .29 and hten .35
01[10:38] {Threei}  ok, 1:1, so no secondary entries
[10:40] {dino} ese, out psx .98, +.70
[10:41] {nemo} boy they don't want the spy or iwm to get under that trend line
[10:42] {dino} dtv spike
[10:43] {patel} GDX dropped hard.
[10:43] {dino} same as gld patel
[10:44] {dino} damn, wanted dtv re-test for short
01[10:45] {Threei}  darn WDC
01[10:46] {Threei} Short Setup: SLW  .50 break
01[10:46] {Threei}  If holds  .60
[10:46] {nemo} they sold the indices down to support then up we go
[10:47] {jdetente} WDC didn't hit my stop...I'm still in my last quarter
[10:48] {jdetente} didn't hit because I accidentally entered a lower stop...otherwise known as user error
[10:49] {dino} roflol
[10:49] {nemo} a fortuitous f-up
[10:49] {jdetente} yes indeed
[10:49] {jdetente} embarrassed but I will take the windfall
[10:50] {nemo} yeah, cipher oversold on a long, and then made more on the downside yesterday
[10:51] {Les} you pulled plug on me nemo? :(
[10:53] {Les} bastard
[10:53] {Les} faded SLW setup l.61
[10:53] {Les}  half out
[10:54] {Les} Cipher started my first live trade shorting KORS. Will remember this event :)
[10:55] {cipher} IDCC L .97
[10:57] {Les} q .80
[10:57] {cipher} did it work out les?
[10:57] {Les} two attempts... no :)
[10:57] {dino} bummer. did you keep your stops?
[10:58] {Les} yep
[10:58] {nemo} look for kors long in ..70 area
[10:58] {cipher} let's blame it on nemo
[10:58] {cipher} it was not my call
[10:58] {Les} will keep at it on paper. getting more comfortable taking my own setups
[10:58] {cipher} :)
[10:58] {Les} easily done
[10:58] {dino} a good trader knows how to take a profit, a great trader knows how to take a stop
[10:58] {nemo} and les knows how to take it in the...
[10:59] {Will49} ouch
[10:59] {dino} bohica
[10:59] {Will49} haha
[10:59] {nemo} sorry, have to take the setups when they come  ;-)
[10:59] {Les} fair enough :)
[11:00] {dino} this is a "buy the dips" market lately
[11:00] {Les} glad Vad has tolerated you all these years. room wouldn't be the same
[11:00] {nemo} you speaking to a mirror les?
[11:01] {Les} sigh
[11:01] {nemo} watch kors around here
01[11:01] {Threei}  well, he is the best in plowing his way through the crowd to the bar counter and returning with 4 glasses of vodka
[11:01] {nemo} being a former bouncer has it's advantages
[11:02] {nemo} manners are not one of them though
[11:02] {Les} has his uses then hey...
[11:02] {Les} market nearing turn point again
[11:03] {nemo} hard to say, Quad witching
[11:03] {nemo} watch Kors for bounce around here
[11:03] {nemo} look for pay short here
[11:04] {nemo} spy right at pivot
[11:04] {nemo} so aren't finnies
[11:06] {Will49} nemo..you're very loquatious this morning
[11:07] {nemo} even loquacious
[11:07] {Will49} :)
[11:07] {nemo} I'm leaving shortly
[11:07] {nemo} HURRAHHHHH!!!!!
[11:09] {cipher} out idcc .07 +.10
[11:09] {nemo} watch for nke bounce around .10
[11:09] {Les} off doin some Tao stuff?
[11:09] {nemo} father's eye surgery
[11:10] {Les} k. wish him well for us
[11:10] {nemo} ty, cataracts
[11:10] {Les} old dog hey...
[11:11] {nemo} yep
[11:11] {nemo} Kors obeyed, watch NKE here
[11:11] {nemo} gotta' eat something before I leave
[11:12] {Will49} nemo..you should get on twitter
[11:12] {Will49} I'd follow you
[11:13] {Will49} gotta know what you're gonna eat
[11:13] {Will49} :)
01[11:14] {Threei}  he eats rabbit meat I guess
[11:14] {Will49} or crow
[11:14] {Les} bunny gets around does she?
[11:14] {Les} final q stopped .69
[11:15] {cipher} nke l .14
[11:15] {nemo} I am on twitter, stuffed pork tenderloin
[11:16] {Will49} do you cook?
[11:16] {dino} ebay sm l .50 trig
[11:16] {nemo} yeah
[11:16] {nemo} three Ks
[11:16] {nemo} Kook Klean Kill
[11:17] {Will49} kooky
[11:18] {dino} i prefer the 3 d's
[11:18] {nemo} oh boy, dino's gonna' make a funny
[11:19] {dino} deny, deny, deny
[11:20] {nemo} NKE behaved
[11:21] {nemo} lvs running
[11:21] {nemo} strong side loading up on algo
[11:22] {cipher} out nke .27 +.13 thx nemo
01[11:22] {Threei}  Equity Markets Remain in Holding Pattern At Five-Year Highs
01[11:23] {Threei}  - After some softness in the early going US equities are nearly back to unchanged. The Feb retail sales data came in at twice the expected gain, definitively showing that the US consumer kept spending in February despite the higher payroll taxes.
01[11:23] {Threei}  - The greenback rallied following the positive US data while the euro had been struggling after the lackluster Italian BTP bond auction, which featured limp demand and a bid-to-cover at its lowest level in over a year. EUR/USD was at its 2013 lows around 1.2930 in mid-morning trading.
01[11:30] {Threei} Short Setup: SLW  .60 break
01[11:30] {Threei}  aggressive entry for .50
[11:33] {dino} ebay stop -.26
01[11:35] {Threei} Short Setup: GDX  .20 break
01[11:35] {Threei}  If holds  .30
01[11:42] {Threei}  SLW, plan is obvious
01[11:42] {Threei}  cover half near .50 and see if it breaks this last line of defense
01[11:42] {Threei}  and ies horrible death
01[11:43] {Threei}  while we are cheering on a sideline
01[11:44] {Threei}  half out
[11:44] {Les} accidently loaded up 700...
01[11:45] {Threei}  trail stop by the book
01[11:46] {Threei}  good boy
[11:46] {cipher} ebay s .40
01[11:46] {Threei}  let's go for 1:3
01[11:47] {Threei}  and GDX, stop to .26
01[11:47] {Threei}  let's keep it tight
[11:48] {cipher} cov ebay .20 +.20 that was easy
01[11:48] {Threei}  no kidding
01[11:48] {Threei}  wtg
[11:48] {cipher} just go with the flow
[11:48] {cipher} ty
01[11:48] {Threei}  be water
01[11:49] {Threei}  just make sure you are not water in nemo rabbit's bowl
[11:49] {dino} gj
[11:49] {cipher} lol
[11:50] {cipher} cov slw & gdx thx vad
01[11:50] {Threei}  yw
[12:01] {cipher} yy l .10
[12:01] {Les} vad sorry yer 1 min bb's are which setting?
[12:01] {Les} gone and lost my layout
01[12:02] {Threei}  13 and 1.7
[12:02] {Les} ty thought so
[12:05] {cipher} yy stopped .05 -.05
[12:09] {Will49} going to be a long lunch doldrum
[12:11] {cipher} yy dropping lower
[12:12] {thomcbell} yy near the 50 sma might be interestintg
01[12:13] {Threei}  GDX 1:1
[12:16] {cipher} ibm l. 50
[12:20] {cipher} tna l .75
[12:24] {cipher} LPNT drop
[12:25] {cipher} out tna +.15
[12:27] {cipher} out ibm .68 +.18
[12:30] {cipher} LPNT L .31
[12:31] {cipher} stopped .35 +.04
[12:32] {cipher} gotta love stops that make money
01[12:33] {Threei}  hehe
01[12:33] {Threei}  hey, while nemo is not here, I found his life slogan
01[12:34] {Threei}  'I don't go crazy. I AM crazy. I go normal from time to time"
[12:34] {cipher} yep that's him :)
01[12:34] {Threei}  as we know and love him {G}
[12:35] {Les} have yet to encounter the latter side of his :)
[12:35] {cipher} omg tna makes me feel stupid
[12:36] {dino} smr l shos .26 wide/risky
[12:37] {cipher} you mean short dino?
[12:40] {ese} back L dks .19
[12:42] {dino} long
[12:42] {dino} thing dropped 6 beans yesterday
[12:43] {thomcbell} apparently Obama said there was no debt problem on national tv
[12:43] {dino} to him there isn't
01[12:44] {Threei}  of course not, he won't have to pay it
01[12:45] {Threei}  trivia
01[12:45] {Threei}  who said this:
01[12:45] {Threei}  The fact that we are here today to debate raising America's debt limit is a sign of leadership failure. It is a sign that the US Government cannot pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government's reckless fiscal policies.
01[12:45] {Threei}  Increasing America's debt weakens us domestically and internationally. Leadership means that, 'the buck stops here.' Instead, Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren.
01[12:46] {Threei}  America has a debt problem and a failure of leadership. Americans deserve better.
01[12:46] {Threei}  end of quote
[12:46] {Will49} sounds like O'bummer
01[12:46] {Threei}  Senator Barack H. Obama, March 2006
[12:46] {Will49} typical politician
[12:47] {cipher} tza l .49
[12:51] {cipher} lpnt s .43
[12:59] {Les} Vad never took GDX due to layout issues. 37 new setup?
01[13:00] {Threei}  pretty much, yesd
[13:02] {ese} wasn't that you that said that vad?
01[13:04] {Threei}  ?
[13:06] {cipher} out tza +.01 pathetic
[13:10] {dino} nothing moving cipher
[13:11] {cipher} I see that
[13:16] {cipher} cov lpnt .36 +.07
[13:17] {cipher} taking a break
[13:22] {jdetente} a break sounds good. going to take one myself
[13:24] {Les} http://www.slate.com/articles/news_and_politics/politics/2013/03/barack_obama_promised_transparency_the_white_house_is_as_opaque_secretive.html
[13:24] {Les} pays to be a democrat
[13:25] {Les} quote: In March 2010, the Associated Press found that, under Obama, 17 major agencies were 50 percent more likely to deny FOIA requests than under Bush.
[13:46] {dino} ebay sm l .40
[13:52] {ese} zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzgasniff....gort plat.........snork uchhhhhhhmmmmmmmm...zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz
[13:53] {Will49} is it too early to have a beer?
01[13:54] {Threei}  never
01[13:54] {Threei}  but GDX may trigger any hour now
[13:54] {Will49} aha, smebody's awake
[13:54] {Will49} somebody
01[13:54] {Threei}  yup
01[14:05] {Threei}  1:1 for new setup
01[14:05] {Threei}  1:3 for original one
[14:06] {Will49} break .90?
[14:07] {Will49} you can see i'm not awake
01[14:07] {Threei}  ?
[14:08] {Will49} must have missed something
[14:08] {Will49} me
01[14:08] {Threei}  original GDX setup was .20 break
01[14:08] {Threei}  just reached 1:3
[14:08] {Will49} tks
01[14:08] {Threei}  new one was this:
01[14:08] {Threei}  [12:59] {Les} Vad never took GDX due to layout issues. 37 new setup?
01[14:08] {Threei}  [13:00] {Threei} pretty much, yes
[14:08] {Will49} yea, i missed that comment
01[14:08] {Threei}  just reached 1:1
[14:09] {patel} I took iat at 37 break off Les's idea.
[14:12] {Les} god forbid that I have an idea
[14:12] {Les} a brain yes, but not a frikin clue
01[14:18] {Threei}  Les... what's the connection??
[14:18] {Les} no idea
01[14:18] {Threei}  less thinking, more good trades
01[14:18] {Threei}  believe me
01[14:19] {Threei}  white smoke... crowd goes crazy
[14:19] {Les} the believers have anew boss do they?
[14:20] {dino} ntwk drop
[14:21] {dino} cvi drop
[14:22] {dino} out shos .90, -.38
[14:28] {Les} CVI for .10 ty dino
[14:31] {cipher} QCOR DROP
[14:32] {cipher} qcor l .57
[14:32] {dino} np
[14:34] {cipher} out qcor +.09
[14:35] {Les} out flat. got in late
[14:35] {cipher} me too
[14:35] {Les} stop boasting :)
[14:35] {cipher} lol les
[14:36] {thomcbell} ebay volume spike last bar
[14:37] {thomcbell} of 5 min
[14:40] {cipher} ebay subpenny prints
[14:42] {cipher} ebay l .10
[14:44] {Les} with ya
[14:44] {cipher} cool now I feel better :)
[14:44] {Les} hehehe
[14:44] {Les} piss off nemo
[14:47] {Les} stop -.06
[14:48] {ese} this is no way to trade have been on the phone for almost 1 1/2 hrs to all over bloody europe and north america..........somebody pour me a stiff one............and find me a manager
[14:48] {Les} u comin over again ese?
[14:48] {Will49} ese...you trying to find out who new Pope is?
[14:49] {dino} lol
[14:49] {ese} ya twice les........Denmark apr 11 to 19th and in the summer with the pro band "the Midnights August 16th to the 28th
[14:50] {Les} summer is italy again?
[14:50] {ese} no........been checking in on the Live Pope Cam though on CBC
01[14:51] {Threei}  btw ese, in case you need any books for europe tour... they are available in Chapters on Govrnment now
[14:51] {ese} not this summer maybe next......probably for sure next
[14:51] {Will49} i had a pope cam in a 1965 Chevy
[14:51] {ese} thats awesome vad
[14:52] {cipher} ebay stopped -.15
[14:53] {dino} that things broken
[14:53] {Les} should have sold it
[15:01] {Les} there was the bottom. stopped out of ebay for -.16
[15:02] {dino} probably it
[15:02] {dino} break of .00 i will try for final time
[15:02] {cipher} uthr l .00
[15:03] {Les} was aiming for .50
[15:04] {dino} hlf getting slapped around again
01[15:09] {Threei}  "Those who are skilled in combat do not become angered, those who are skilled at winning do not become afraid. Thus the wise win before the fight, while the ignorant fight to win."
[15:10] {Will49} did the new Pope just say that?
01[15:10] {Threei}  he wishes
01[15:10] {Threei}  Les must know
01[15:10] {Threei}  for author of the quote is a great master of Aikido
[15:13] {Les} http://en.wikipedia.org/wiki/Morihei_Ueshiba
[15:13] {Les} ?
01[15:13] {Threei}  one and only
[15:13] {Les} not going to cheat and google the text
01[15:13] {Threei}  of course not
01[15:15] {Threei} Short Setup: SLW  .45 break
[15:16] {cipher} hlf huge jump
01[15:17] {Threei}  (US) President Obama: Enjoyed the meeting with the House GOP this afternoon
01[15:17] {Threei}  lol
[15:17] {dino} he's so full of it
01[15:17] {Threei}  this one is not much better:
01[15:17] {Threei}  (US) US House Speak Boehner: Discussion with the president was productive; Obama does not want to solve long-term debt problem
[15:17] {dino} give him an hour and he'll be demonizing gop
01[15:17] {Threei}  so how exactly it was productive?
01[15:18] {Threei}  he meant he enjoyed telling them off, dino
[15:18] {dino} most likely
01[15:27] {Threei}  bew pop is 76
01[15:27] {Threei}  new
[15:41] {Les} the juniors just let go GDXJ
[15:42] {dptl} gn all
01[15:43] {Threei}  take care dp
[15:43] {Les} ciao dp
[15:44] {dino} cya dp
[15:45] {cipher} lmca drop
[15:50] {cipher} lmca l .43
[15:50] {dino} missed at .30
[15:52] {cipher} out .63 +.20
[15:52] {dino} gj
[15:52] {jdetente} ok guys calling it a day. Cheers
01[15:52] {Threei}  take care jd
[15:53] {thomcbell} gn all
[15:53] {Les} cheers jd
[15:53] {cipher} gn
[15:53] {Les} thom
[15:53] {Les} etc
[15:54] {dino} ccya jd, tbell
01[15:56] {Threei}  thank you all
01[15:56] {Threei}  have a good evening, see you tomorrow
[15:56] {Will49} Take care guys
[15:56] {dino} later all, thx for ideas
[15:58] {patel} have a good evening

Tuesday, March 12, 2013

March 12 2013

Another day, exactly like last one: nicely profitable, with most action concentrated in the morning.



Session Time: Tue Mar 12 00:00:00 2013
[08:22] {nemo} mmmhhhh...anybody here to play with?
[08:57] {dino} gm
01[08:57] {Threei}  morning dino
[08:59] {cipher} gm
01[08:59] {Threei}  cipher :)
[09:08] {Les} guten morgen
01[09:09] {Threei}  les :)
[09:12] {patel} good morning
01[09:12] {Threei}  patel :)
[09:14] {jdetente} good morning all
01[09:14] {Threei}  jd :)
[09:19] {ese} morning
01[09:19] {Threei}  ese :)
[09:20] {ese} hey vad
[09:24] {Will49} gm
[09:25] {ese} will
01[09:25] {Threei}  wull :)
01[09:25] {Threei}  u=i
[09:25] {ese} lol
[09:26] {Will49} or wool
[09:26] {Will49} hey ese
[09:27] {ese} i promise i won't harang you about your drinking habits today
[09:27] {Will49} what a relief
[09:27] {patel} EBAY dropping
[09:32] {Les} RHT
01[09:32] {Threei} Long Setup:  FCX  .75 break
01[09:33] {Threei}  If holds  .65
[09:33] {cipher} YNDX L .50
[09:34] {cipher} out .25
[09:34] {cipher} lqdt l .01
[09:35] {cipher} fast l .88
[09:36] {dino} ebay gap fill jan
01[09:36] {Threei}  no go
01[09:37] {Threei}  BA is a bit ahead of itself
[09:37] {cipher} out fast .40 +.52
[09:38] {Les} nice
[09:38] {ese} L yndx .44
[09:39] {cipher} AKAM L .11
01[09:39] {Threei} Short Setup: SBUX  .35 break
[09:39] {dino} ebay sm l .47
[09:40] {dino} out ebay .77, +.30 thanks patel
[09:40] {patel} np
01[09:41] {Threei} Short Setup: JOY  .85 break hl
[09:41] {cipher} EBAY +.25 thx dino
[09:43] {cipher} out akam .21 +.10
01[09:43] {Threei}  1:1 in a hurry
[09:43] {nemo} yeah, jumped too quick
[09:44] {cipher} ONXX L .68
01[09:44] {Threei}  SBUX is still valid
[09:44] {dino} np
01[09:44] {Threei}  not anymore
01[09:45] {Threei}  anyone got JOY?
[09:45] {patel} I did
[09:45] {Will49} no
01[09:45] {Threei}  as in stock symbol
[09:45] {patel} still in it
01[09:45] {Threei}  start partialing
[09:45] {patel} same here
[09:46] {nemo} try to stay in though, that has .00 written all over it
[09:46] {Les} covered .65 ty
[09:46] {jdetente} have  a quarter left in Joy...
01[09:46] {Threei}  :)
01[09:46] {Threei}  there must be a lot of jokes in that...
[09:47] {jdetente} lol
01[09:47] {Threei}  drops like a stone
[09:47] {cipher} out onxx -.08
[09:47] {patel} took soem more out at .55
[09:47] {Les} starting to take SLW long. nice bottom at .30
[09:48] {Will49} nice call on joy
[09:48] {Will49} but no joy here:(
[09:48] {jdetente} out last of Joy
[09:48] {jdetente} Great call Vad. Thanks!
[09:48] {nemo} look to reenter...look at the daily
01[09:48] {Threei}  yw
[09:49] {cipher} onxx l.43
[09:49] {cipher} hibb l .92
[09:49] {Les} l Joy .50 on paper
[09:51] {patel} took some more at .46
01[09:51] {Threei}  trail stop to .61, patel
[09:52] {cipher} out onxx -.21
01[09:52] {Threei} Short Setup: BAM  .30 break
[09:52] {patel} thanks
[09:52] {patel} nice trade
[09:52] {Les} exit +.16
[09:52] {cipher} ONXX L .15 LAST TRY
[09:54] {nemo} yum
[09:55] {cipher} out bbry +.09
[09:56] {ese} L some more yndx avg .47
[09:58] {cipher} dnkn l ..69
01[09:58] {Threei} Long Setup:  GDX  .75 break
01[09:58] {Threei}  If holds  .65
[10:02] {cipher} vprt l .04
01[10:04] {Threei}  GDX 1:1
[10:06] {dino} elli sm l .50, thin
[10:06] {Les} RHT small long .00 on paper
[10:06] {cipher} out onxx .56 +.41
[10:06] {dino} shos sm l .15 gappy
[10:07] {dptl}  gm
01[10:07] {Threei}  dp :)
[10:08] {nemo} grind up
01[10:09] {Threei}  how surprising
[10:10] {Les} RHT stop -.06
01[10:10] {Threei}  and so totally unexpeted... and unprecedented
[10:10] {Les} take GS then
[10:10] {nemo} slw
01[10:11] {Threei}  backman, look pm please
[10:11] {Les} GS says no interesting
[10:12] {cipher} out vprt .25 +.21
[10:12] {ese} L pbr .65
01[10:13] {Threei}  BAM stop .36
[10:15] {Les} sm GS l .31
[10:15] {Les} paper
[10:15] {dino} shos stop .90, -.25
01[10:17] {Threei}  BAM 1:1
[10:18] {Les} took .22 on yer signal wanna bag this sucker ty
01[10:18] {Threei}  yw
[10:19] {dino} ever sm l .59
01[10:19] {Threei}  GDX 1:2, out
[10:20] {Will49} tks Vad :)
01[10:20] {Threei}  yw
01[10:20] {Threei}  smooth sailing
[10:20] {Les} cleared .98 ty sir
01[10:20] {Threei}  :)
[10:21] {jdetente} out at 38.00 Ty
01[10:21] {Threei}  wow, 1:3
[10:21] {patel} out at 38.04
[10:21] {patel} thanks
01[10:21] {Threei}  yw guys
[10:21] {Les} GS stopped -.11
[10:22] {Les} last try we go up or we go to hell in a handbasket
[10:22] {Les} .40
[10:22] {jdetente} dang 1:4
01[10:23] {Threei}  even wower, 1:4
[10:23] {Les} giddy up
01[10:23] {Threei}  didn't expect this thing to have so much momo
[10:23] {Les} .80 was R3
[10:23] {Les} GDX
[10:23] {Les} horse has the bit
[10:25] {cipher} ever +.13 thx dino
[10:27] {cipher} ever s .75
[10:28] {cipher} shos l .40
[10:28] {dino} np
[10:29] {dino} shos sm ave .45
[10:32] {cipher} cov ever .72 +.03
[10:32] {dino} out ever .70, +.11
[10:33] {Les} stop GS -.16
[10:34] {Les} ignored that spike up
[10:34] {dino} damn ever, spiked
[10:35] {Les} maybe a lower low GS putting in here
[10:35] {Les} following yesterdays db
[10:35] {Les} dt
[10:36] {dino} out shos .76, +.31
[10:37] {cipher} anss drop
01[10:38] {Threei}  GDX 1:2, out
01[10:38] {Threei}  ummm
01[10:38] {Threei}  BAM that was
01[10:38] {Threei}  can I go home?
[10:38] {patel} still holding a litte more
[10:39] {dino} thought you worked from home/
[10:40] {cipher} asml l.36
[10:40] {patel} he might be working from the beach today
[10:41] {cipher} out shos .85 +.45
[10:41] {Will49} patel..good combo of patience and greed :)
[10:44] {cipher} CTRX L .99
[10:45] {Les} C attempting 47
[10:46] {Les} short of .90 if it holds resistaqnce?
01[10:46] {Threei}  no clesar setup
[10:47] {Les} k
01[10:48] {Threei}  where is scottie
[10:49] {Will49} was wondering same
[10:52] {dino} ctrx sm l .76
[10:54] {dino} he's working on the warp drive system
[10:54] {Les} hehe
[10:54] {Will49} that's it!
[10:54] {nemo} shit, I wish North Korea would send a missile to japan, that would get the markets moving
[10:54] {cipher} out asml .62 +.26
[10:55] {Les} oh you are a nasty piece of work
[10:56] {nemo} Oh Les...you say such nice things
[10:56] {ese} stopped pbr .42 -.24 grrrrrrrrrrrr
[10:56] {nemo} gdx long here might be worth it
[11:00] {dino} ese, that pbr makes me think of beer
01[11:00] {Threei}  (US) House Budget Chairman Ryan (R-WI): Congress owes the American people a balanced budget- Tax reform should seek to set top individual tax rate at 25%. - Not looking to reopen terms of the Fiscal Cliff deal, but continue efforts to repeal Obamacare.
[11:00] {ese} how so dino?
[11:01] {ese} just rent it?
[11:01] {ese} easy come easy go
[11:01] {dino} pabst blue ribbon, we alwats said, lets get some pbr's
[11:01] {nemo} disgusting
[11:01] {ese} ahhhhhh
[11:01] {patel} out of BAM at .99
[11:02] {dino} not much different than a bud nemo
[11:02] {jdetente} both are pretty gross
[11:02] {nemo} yeah, that too
[11:02] {nemo} I had the real stuff in the Czech Republic
[11:02] {nemo} Budwar
[11:02] {jdetente} yeah those are good
[11:02] {dino} you guys are tough, if its cold i'll drink it
[11:02] {nemo} reminds me...
[11:03] {cipher} fyi they sell Budvar in the US
[11:03] {cipher} under a diff name
[11:03] {nemo} and that is?
[11:03] {cipher} Czechvar
[11:03] {cipher} it's the same beer
[11:03] {nemo} haven't seen it, then again, don't look for beer much anymore
[11:04] {dino} sometimes when the taste isn't right, i have a few more to make sure
[11:04] {cipher} ctrx lod
[11:04] {nemo} dino's been on a roll lately
[11:05] {dino} & when bartender asks if i want another, i say "of course i do, otherwise i would not be here"
[11:05] {nemo} ese...rim shot please!
[11:06] {nemo} o.k. oldie but goodie....
[11:06] {ese} ba dap bap
[11:06] {nemo} "I'll be your huckleberry"
[11:07] {ese} thats sick
[11:07] {Will49} hey ese, with tha beer behaviour we could  make dino an honourary Canadian
[11:07] {dino} ctrx stop -.30
[11:08] {ese} oh ya eh
[11:08] {dino} indeed, mooseheag, labatts, molsen, luv 'em
[11:08] {cipher} penn l.77
[11:09] {nemo} we used to call molsen skunk piss
[11:09] {nemo} although liked the malt liquor
[11:09] {dino} nemo, s/p up or down here?
[11:09] {nemo} you mean spy?
[11:09] {dino} y
[11:10] {nemo} spy has support here IWM maybe, finnies no
[11:10] {nemo} I think they might try to test the trend down around 155.40
[11:11] {nemo} algo I follow all red
[11:11] {dino} ty, still holding those vxx calls
[11:11] {nemo} and it was strong green earlier
[11:11] {nemo} you lookin' good
[11:12] {nemo} vxx coming into weekly level at old support
01[11:12] {Threei}  tbell... missed nice morning
[11:12] {cipher} vrsk l.28
[11:13] {Les} nice. bought VXX yesterday on your call but realised it was an overnight thingy
[11:13] {nemo} this is devastating....a down day so far
[11:13] {thomcbell} i always seem to
[11:13] {thomcbell} glad you all did well :)
[11:13] {dino} les, figured 11 days in row up...
[11:14] {nemo} they're trying to put a bottom in the futures
[11:14] {ese} ya gotta figure theres a little nervousness out there
[11:17] {dino} out vxx calls +.23 or 15^
[11:17] {cipher} out penn .02 +.25
[11:18] {dino} %
[11:18] {dino} ctrx sm l .50 trig
[11:18] {cipher} lrcx drop
01[11:20] {Threei} Long Setup:  C  .60 break
01[11:20] {Threei}  If holds  .50
[11:21] {nemo}  interesting, oil stocks have dropped below they're vwap, they were stong this morning, this might turn into a trend day
[11:24] {dino} gmed drop
[11:24] {dino} \sm l .86
01[11:24] {Threei}  meh
[11:29] {nemo} spy at trend iwm at support, finnies not their yet
[11:30] {nemo} look for fas to test 162 with 161.80 inflection
[11:32] {cipher} BSFT L.54
[11:33] {cipher} tna l .49
[11:34] {dino} ever drop
[11:34] {cipher} rose l.46
[11:34] {dino} sm l .00
[11:35] {cipher} I'm on board with ya
[11:36] {dino} giddy-up
[11:39] {cipher} out tna .68 +19
[11:39] {cipher} ever +.17 thx dino
[11:40] {dino} np
[11:41] {cipher} YY L.26
[11:42] {dino} unxl drop
[11:43] {cipher} UNXL L.12
[11:45] {dino} out gmed .42, +.54
[11:45] {dino} opps, +.56
06[11:46] * Les smacks dino jealously with a calculator
[11:46] {dino} lol, my dollartree one must be breaking down
[11:48] {nemo} mnst short in the .90 area, if market continues weak is probably good
[11:48] {cipher} pcrx l .22
[11:49] {nemo} .04 is support area
[11:51] {cipher} panl .04
[11:54] {cipher} expd l .24
[11:57] {cipher} out expd +.10
[11:58] {Les} +.07 ty
[12:00] {dino} out ever .40, +.40
[12:04] {dino} brb
[12:06] {cipher} out bsft .60 +.06
[12:07] {cipher} pcrx stopped -.14
[12:08] {cipher} tna l .65
[12:09] {cipher} out .80 +.15
[12:09] {cipher} to soon
[12:11] {cipher} out unxl .30 +18
[12:29] {nemo} Tried Greek yogurt...too pasty for my tastes
[12:29] {nemo} didn't want u guys to think I was keeping anything from u
[12:31] {dino} thanks
[12:31] {dino} just had leftover corned beef and cabbage
[12:31] {backman} hi i am in via irc
[12:31] {patel} I bought some Chobani yogurt today
[12:32] {backman} tyvm
01[12:33] {Threei}  cool beans backman
[12:33] {Les} hi backman
03[12:33] * Looking up Threei user info...
[12:34] {cipher} hi backman
[12:34] {ese} ah back in
[12:34] {nemo} backman?   mmmmhhhhh....think of the possibilities
[12:35] {Les} put that guy on your ignore list backman
[12:35] {nemo} ever seen Full Metal Jacket backman?
[12:35] {dino} bunny
[12:35] {nemo} what about bunny?
03[12:36] * Looking up Threei user info...
[12:36] {Les} aren't the bunnies in apocalypse now?
[12:36] {nemo} what does that have to do with Full Metal Jacket?
[12:37] {nemo} you forgot your ritalin, didn't u?
[12:37] {cc_8} setup
[12:38] {cc_8} setup
[12:38] {Les} nah I'm bored and you're the only person within reach to dick around
[12:38] {dino} wasn't bunny the knucklehead in full metal jacket, matt damon/
[12:38] {dino} smashed the guys brains in
[12:39] {nemo} no, not Damon, his brother was an actor too
[12:39] {dino} maybe i'm thinking platoon
[12:39] {nemo} yeah, I think so
[12:40] {nemo} Kevin Dillon, Matt's brother
[12:40] {dino} ok
[12:40] {Les} didn't know that. looks nothign like him
[12:40] {nemo} yeah, they do
[12:42] {Les} http://tinyurl.com/a6vdn8c
[12:42] {Les} NO, they DON?T
[12:43] {nemo} You like flaunting your inability to see similarities?
[12:43] {cc_8} setup
[12:43] {cc_8} alert
[12:43] {dino} ilmn drop
[12:43] {Les} sigh
[12:43] {nemo} all work and no play makes +cc_8 a dull boy
[12:44] {nemo} all work and no play makes +cc_8 a dull boy
[12:44] {nemo} all work and no play makes +cc_8 a dull boy
[12:44] {nemo} all work and no play makes +cc_8 a dull boy
[12:44] {nemo} all work and no play makes +cc_8 a dull boy
[12:44] {nemo} all work and no play makes +cc_8 a dull boy
[12:44] {Will49} ok ok cc i know
[12:45] {nemo} unh breakout setup, just don't like the time
[12:45] {Les} +.11 ty dino ilmn
[12:45] {dino} gj
[12:45] {dino} i wanted s3 on it, never hit
[12:46] {cc_8} haha
[12:46] {Les} way outta BB's after big volume spike down
[12:47] {Les} u comin or going patel?
[12:48] {Les} mirc no likey patel
[12:48] {nemo} mmmhhhh...must have Patel confused with you
[12:48] {Les} oh come on
[12:49] {Les} take your meds or drink harder
[12:49] {Les} but that is pathetic
[12:49] {Les} even for you
[12:49] {nemo} you think it was pathetic Dino?  Vad?  Raven?
[12:50] {dino} you two remind me of my son and daughter bickering
[12:50] {nemo} I'm cranky, didn't get much sleep last night
01[12:50] {Threei}  we may have to create a separate room for you
[12:51] {Les} I agree Vad put him somewhere else
[12:51] {nemo} hey Les, delete me from your Skype, will ya...
01[12:51] {Threei}  actually I meant "two of you" {G}
[12:51] {cc_8} short setup
[12:51] {cc_8} long setup
[12:51] {nemo} wow, Charles gone over the edge
[12:52] {nemo} long sleeves, rubber room, no sharp objects, slip on shoes
[12:52] {Les} oh
[12:52] {backman} he's guiding me into Mirc bliss....be kind to him
[12:52] {cipher} splk l .75
01[12:53] {Threei}  type "/join #nemoles" and enjoy the privacy {GGG}
[12:53] {nemo} wow, sounds like a disease
01[12:54] {Threei}  no? well, I am closing it then
[12:57] {cc_8} haha
[12:57] {cc_8} comments too funny
[12:57] {Les} ty cipher splk +.10
[12:58] {Les} IWM testing VWAP here SPY too banksters wellshort of VWAP
[12:58] {Les} damn SPLK
[12:59] {nemo} spy couldn't violate trendline, and iwm regained it
[12:59] {cipher} our splk +.20
01[12:59] {Threei}  LOL:
01[12:59] {Threei}  All people bring you happiness. Some by their presence, some by absence.
[12:59] {nemo} Some by their suffering
[13:00] {Les} :)
[13:00] {dino} out splk .04, +.29 ty cipher
[13:00] {nemo} was that over the top?
[13:00] {Les} I'm guessing target of that post
[13:00] {backman} some brighten a room.... when they leave
01[13:00] {Threei}  what about you isn't?
[13:00] {nemo} my height
[13:03] {dino} out ctrx .72, +.22
[13:08] {patel} long setup
[13:08] {dino} scanners barely moving
[13:08] {patel} Short Setup
[13:10] {cc_8} long setup
[13:10] {cc_8} long setup
[13:11] {patel} works
[13:11] {patel} short setup
[13:11] {nemo} poor Charles
[13:14] {nemo} mjn interesting, could be short here or wait until it get's back to 72ish
[13:15] {nemo} http://deadsp.in/XoBQkY  you should take up golf, Les
[13:15] {patel} NEE dropage
[13:16] {Will49} Charles learned everything he knows by dragging me into mIRC :)
[13:16] {nemo} http://bit.ly/XoC6Ai
[13:16] {nemo} I don't have to run faster than the bear, just faster than you...
[13:17] {Les} s MJN .74
[13:17] {nemo} Or the classic, you think you're really gonna' hurt the bear with that little pistol?   No, but I was planning to shoot you in the kneecaps
[13:18] {Les} everyman for himself sort of guy huh
[13:18] {nemo} After me, you come first
[13:30] {Les} cover MJN +.09 ty
[13:43] {dino} nee sm l .23
[13:51] {dino} nee to b/e stuck
[13:53] {dino} to .33
[13:55] {dino} patel, ty for idea on nee, out .45, +.22
[13:57] {cipher} idxx l .14
[13:57] {patel} no problem.
[13:57] {patel} Thats 2 dino....
[13:57] {dino} yeah, thanks buddy. i owe you a couple
[13:58] {Les} C deciding on higher or lower here at .50 short since .64 missed HoD
[13:58] {Les} .40 was previous intraday low
[14:17] {Les} all covered .50
[14:29] {dino} crus drop
[14:34] {cipher} vrsk drop
[14:34] {dino} advs
[14:36] {cipher} vrsk l .91
[14:38] {dino} advs sm s .05 wide, jumpy
[14:39] {cipher} advs s.91
[14:39] {cipher} cov .71 thx dino
[14:39] {dino} yw
[14:40] {dino} cov .45, +.60
[14:40] {cipher} wtg
[14:40] {dino} thx
[14:40] {nemo} they do it without nets
[14:41] {Will49} gunslingers
[14:41] {cipher} crus drop
[14:41] {Will49} a etrm of endearment :)
[14:41] {Will49} term
[14:41] {dino} just doing my job
[14:42] {Will49} well, you're way over my paygrade fella
[14:42] {cipher} crus l .60
[14:43] {dino} crus drop w/aapl
[14:43] {nemo} crus still has a persistent offer according to my algo
[14:44] {Les} aapl bullish divergence here
[14:44] {cipher} vrsk stop .85 -.06
[14:46] {cipher} out crus .80 +.20
[14:46] {dino} gj
[14:46] {cipher} oops dold too much crus
[14:46] {cipher} sold
[14:46] {nemo} hate that
[14:47] {cipher} crus s .80 fat finger
[14:47] {cipher} cov .75
[14:47] {cipher} :)
[14:47] {cipher} enough for chinese lunch
[14:47] {nemo} what you getting for yuan exchange rate?
[14:48] {cipher} lemme check...
[14:48] {cipher} 50 rice beans
[14:48] {Les} out +.10 ty crus
[14:48] {dino} usna drop
[14:50] {Les} drive a truck through that spread..
[14:51] {dino} hooker spread
[14:51] {Les} lol
[14:51] {nemo} clap
[14:51] {nemo} tight, huh
[14:51] {dino} dkl drop
[14:52] {Les} LOL as for DKL...
01[14:52] {Threei} Short Setup: GDX  .80 break
01[14:53] {Threei} Short Setup: CAT  .50 break
[14:55] {dino} mlnx machine today
[14:55] {nemo} been on bid side of algo all day
[14:56] {dino} advs, do they want the 30 strike
[15:00] {Les} here ADVS
[15:00] {Les} too spready for me to grab .49 short
[15:01] {dino} gut says to 30 strike
[15:01] {dino} maybe not
[15:02] {cipher} thx for usna dino great call
[15:03] {dino} np
[15:03] {dino} room seems to be helping each other out more
[15:04] {nemo} Less Les is more
[15:04] {Les} bite me bunny boy
[15:04] {nemo} time to roll out the gravestone Vad
[15:04] {Les} :)
[15:05] {nemo} Pahan?
01[15:06] {Threei}  your wish is my command
01[15:06] {Threei}  http://www.realitytrader.com/vad/LES.JPG
[15:06] {Les} oh you been saving that on yer own server...
[15:06] {nemo} ty Pahan
[15:06] {Les} I'm touched
[15:06] {Les} me stopped out on ADVS
[15:06] {dino} advs new hod
[15:06] {Les} were I in it
[15:06] {nemo} what news?
[15:07] {dino} out elli .45 -.05
[15:08] {dino} all day to lose a mickle
[15:08] {dino} n=m
[15:08] {jdetente} this may help soothe the pain http://www.realbeer.com/blog/images/20070209-michelob.jpg
[15:09] {dino} .
[15:09] {nemo} michelob?  you're kidding, right?
[15:09] {jdetente} hehe
[15:09] {Will49} PhilMicleson
[15:09] {jdetente} PBR upgrade
[15:09] {dino} ahh lefty
[15:10] {nemo} the ole' vwap grind-up
[15:11] {ese} aye laddie......it's got to be a GrimBergen
[15:11] {ese} doubled dn on yndx avg .36
[15:12] {Will49} the best ese
[15:12] {dino} really guys, this week should be guinness
[15:12] {ese} hmmmmmmmmm
01[15:13] {Threei}  I'll stick with my Innis&Gunn...
[15:13] {Les} guk
[15:13] {Les} yuk
[15:13] {Les} Canadians have vineyards?
[15:14] {Les} GS crossing vwap
01[15:14] {Threei}  and Sleeman Honey Gold for canucks
[15:14] {ese} head thrown back....mouth wide open........gak gak gak gak gak gak done.........does this resemble your drinking habits?
[15:14] {nemo} and there are the vwaps, just finnies to go
[15:15] {nemo} bet we close green
[15:15] {nemo} boy, that's sticking my neck out
[15:15] {ese} was just thinkin that nemo
[15:18] {Les} C squeezing the shorts hard
[15:21] {nemo} finnies reach vwap
[15:21] {nemo} are there any shorts left?
[15:22] {Les} ashes scattered across digital cyberspace
[15:23] {jdetente} no joy for CAT
01[15:23] {Threei}  no
[15:23] {dino} calling it a day. thx all, very good day
[15:23] {Les} cheers
01[15:23] {Threei}  take care dino, wtg
[15:23] {Will49} me too...see ya guys
[15:23] {cipher} cya dino
[15:24] {cipher} and will
[15:27] {Les} short c .95
[15:27] {Les} cover half .90
[15:29] {dptl} gn all
01[15:29] {Threei}  take care dp
[15:30] {ese} dentist appt....cya tomorrow
[15:33] {Les} 2nd part cover flat
[15:35] {Les} http://www.businessweek.com/news/2013-03-12/universities-pile-on-faculty-perks-as-student-costs-grow
[15:35] {Les} even US colleges playing Wall St game
[15:38] {Les} lot of talk of Fed holding mortgages, when theire main balance sheet item is student debt. So another bubble being blown thanks to Ben, with profs taking their cut
01[15:39] {Threei}  what isn't a bubble at this point?
[15:39] {Les} true
01[15:39] {Threei}  govt debt? stocks? mortgages? student debt?
01[15:39] {Threei}  muni? state?
[15:40] {Les} bubble or zombie or both
01[15:49] {Threei}  OK guys thank you all
[15:49] {Les} cheers
01[15:49] {Threei}  have a good evening, see you tomorrow
[15:49] {jdetente} gn all
[15:55] {cipher} ulta drop
[15:57] {nemo} guess gap up tomorrow

Monday, March 11, 2013

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 &%รง 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

Saturday, March 9, 2013

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)  ;-) :