Thursday, May 9, 2013

May 09 2013

Catch of the Day, thing of beauty. Double top, some consolidation forming support level, then breakdown.


Decent day overall, although a lot of back and forth, and many scalps, as trading is quite choppy.

For swing traders, new resource is at http://www.realitytrader.com/swingtrader.html. Check it out.

Session Time: Thu May 09 00:00:00 2013
[03:25] {KSystems} GM
[03:26] {KSystems} l 6EM3 1.3152 stp 1.3142 tgt 1.3162
[03:34] {KSystems} l GCLM3 96.26 stp 96.16 tgt 96.36
[03:34] {KSystems} its 10-tick-day
[03:46] {KSystems} out 6EM3 1.3162 (+0.0010)
[04:24] {KSystems} out GLCM3 96.16 (-0.10)
[04:25] {KSystems} l GGCM3 1469.4 stp 1468.6 tgt 1470.2
[04:42] {KSystems} l GCLM3 96.22 stp 96.11 tgt 96.33
[04:47] {KSystems} out GGCM3 1470.2 (+0.8)
[04:47] {KSystems} out GCLM3 96.33 (+0.11)
[04:52] {KSystems} s GCLM3 96.31 stp 96.41 tgt 96.21
[04:58] {KSystems} out GCLM3 96.21 (+0.10)
[06:33] {KSystems} s GGCM3 1471.4 stp 1472.5 tgt 1469.3
[06:43] {KSystems} out GGCM3 1469.3 (+2.1)
[06:48] {KSystems} l GGCM3 1469.7 stp 1468.5 tgt 1470.9
[07:09] {KSystems} out GGCM3 1468.5 (-1.2)
[07:53] {KSystems} l YMM3 15057 stp 15045 tgt 15067
[07:53] {KSystems} morning
[07:57] {KSystems} bye
[08:07] {KSystems} out YMM3 15045 (-12)
[08:44] {nemo} Vad...warn me so I can log out for a few minutes
01[08:45] {Threei}  oh man up and suffer
[08:46] {nemo} Oh, and having to deal with Les on a daily basis isn't suffering enough?!
[08:46] {nemo} Listen...if I wanted to occupy my day with suffering, I'd get married
[08:52] {nemo} http://bit.ly/12gybUVhttp://bit.ly/12gybUV
[09:00] {patel} GM
[09:01] {KSystems} morning :)
01[09:01] {Threei}  patel, ks :)
[09:01] {KSystems} that was a reply *G* I've been here for a few hours
[09:08] {jdetente} Good morning...
01[09:08] {Threei}  jd :)
[09:08] {stevw} g'mornin
[09:09] {thomcbell} TSLA
01[09:09] {Threei}  stec, tbell :)
01[09:09] {Threei}  c=v
[09:10] {backman} gm
01[09:10] {Threei}  bman :)
[09:11] {stevw} TSLA short? (or is that just an electric car joke?)
[09:13] {stevw} news on TSLA is first-ever profit
01[09:15] {Threei}  it can't be
01[09:15] {Threei}  no electric car company ever made profit
[09:15] {jdetente} must be some sort of accounting voodoo
[09:15] {jdetente} cooked books
[09:17] {Will49} gm
[09:17] {KSystems} hey
01[09:18] {Threei}  will :)
[09:18] {RonS} howdy
01[09:19] {Threei}  ron :)
[09:20] {Alexs} gm
01[09:21] {Threei}  alex :)
01[09:23] {Threei}  SPY looks to me ready to shrug off bad numbers and put another run
[09:23] {nemo} of course
01[09:23] {Threei}  with pullback at the open probably
01[09:27] {Threei}  BBRY takeover chatter
01[09:27] {Threei}  pathetic really
[09:27] {nemo} oh, those again...
[09:27] {nemo} my liver would be rotted if I took a drink every time I heard one of those
01[09:27] {Threei}  you don't?
[09:28] {RonS} plus that would double your input...
[09:28] {nemo} barely scratch the surface actually
[09:28] {RonS} :)
01[09:29] {Threei}  GDX... dropped prematurely... let's see if bounces for short
[09:29] {Les} MORNIGN
01[09:29] {Threei}  les :)
01[09:32] {Threei} Long Setup:  C  .10 break
[09:32] {dptl} gm
01[09:32] {Threei}  change to 49 break
01[09:32] {Threei}  dp :)
01[09:33] {Threei}  USD firms against the major pairs with real money accounts said to be buyers - dealers
01[09:34] {Threei}  1:1
[09:35] {ese} gm....late
01[09:35] {Threei}  nore from parents?
[09:35] {thomcbell} looking for short entry in ddd
01[09:35] {Threei}  note
[09:35] {Les} GDX
01[09:36] {Threei} Short Setup: GDX  30 break
[09:36] {nemo} rax
01[09:36] {Threei}  If holds  .10
[09:36] {nemo} .38 level
[09:37] {thomcbell} fast 0.50 cents in ddd with no setup - next
01[09:37] {Threei}  C 1:2
[09:37] {thomcbell} retarded
[09:37] {nemo} hah
[09:37] {nemo} guess .36 wasn't low enough to catch a short on drop of .38
01[09:38] {Threei}  out in full C
[09:39] {Will49} tks vad, good start
[09:40] {ese} L ne .71
01[09:40] {Threei}  Invalidated  GDX
01[09:41] {Threei}  SPY is green as if nothing happened
[09:41] {backman} C is back to entry
[09:42] {ese} out ne .91 +.20
01[09:42] {Threei}  should make new low, C
01[09:42] {Threei} Short Setup: C  .90 break hl
01[09:43] {Threei}  If holds  49
01[09:43] {Threei}  stop to .96
01[09:43] {Threei}  cover half
01[09:43] {Threei}  stop to .91
01[09:44] {Threei}  .80 might be tough to break
[09:44] {jdetente} covered the full thanks Vad
01[09:44] {Threei}  yw
01[09:45] {Threei}  ok... scalp it is
01[09:45] {Threei} Short Setup: GDX  .05 break
[09:48] {thomcbell} ddd wow
01[09:50] {Threei}  If holds  .15  of coyrse
[09:52] {ese} L ne .74
[09:55] {ese} out ne .87 +.12
01[09:55] {Threei} Short Setup: C  .95 break
01[09:56] {Threei}  If holds  49
[09:56] {nemo} gmcr 70
[09:56] {ese} ok....now i can talk.............how ya'll doing out there........
[09:57] {backman} u still like C?
01[09:57] {Threei}  no
01[09:57] {Threei}  Invalidated
[09:57] {ese} I like him in James Bond
[09:57] {backman} ese, I missed u man
[09:58] {ese} tks.......your the only one
[09:58] {Will49} i'm trying to keep it a secret
[09:58] {Will49} that i missed you
[09:58] {ese} Les despises me....nemo can't stand me...will puts up me......and vad just goes.....sheesh......it's my lot in life on this board
[09:59] {backman} it will get better ...just like my trading some day
01[09:59] {Threei}  noese, you are just fishing for extra portion of shishkebab
[09:59] {dino} ntwk sm l .44
[09:59] {nemo} I like you ese...I have compassion for the mentally ill
[10:00] {ese} indeed I am......indeed I am.........I may be stupid....but I'm not DAMN stupid
[10:00] {ese} lol
01[10:00] {Threei} Long Setup:  CAT  .20 break hl
[10:00] {Les} liberal = mentally ill?
[10:00] {ese} someone give me take on SLW here?
01[10:01] {Threei}  change to .10 break
01[10:01] {Threei}  If holds  90
01[10:04] {Threei}  no read on SLW here
[10:05] {ese} tks
01[10:05] {Threei}  SPY is somewhat nervous today
[10:05] {ese} thouhgt it was going to consolidate at .65 and then go.....no such luck
01[10:06] {Threei}  no go CAT
[10:07] {Les} back to 00 for 2 indexes
[10:07] {Les} vxx popping higher than yesterday
[10:08] {nemo} good place for index longs here
[10:08] {Les} db turned into stop rinse yesterday
[10:09] {robbers} GM, nice to see so many familiar names.  I'm here for a short time on a temporary visa. To trade mornings mostly.  Hi to all.
[10:09] {backman} morning
[10:09] {Will49} Hi
[10:09] {Will49} you recognize ese?
01[10:10] {Threei}  robbers, welcome back
[10:10] {robbers} Yep.
[10:10] {robbers} Thanks.
01[10:11] {Threei} Long Setup:  C  .80 break
01[10:11] {Threei}  If holds  .75
01[10:12] {Threei}  Invalidated
[10:12] {ese} ROBBERSSSSSSSSS!!!!!!!!!!!!!!!!!!!!!!!!!! welcome back buddy
[10:13] {backman} GILD is green how atypical
[10:13] {robbers} Thanks man.
[10:13] {ese} I gotta get me one ah dem dare new fangol....tradin visa's
[10:14] {ese} ya tks will.......wha da ya mean recognise?
[10:14] {Will49} hehehe
[10:14] {dino} hey robbers
[10:14] {robbers} Hi dino, nice to see you again.
[10:15] {Will49} we need some action....nemo's not bugging Les
[10:15] {Will49} so I'm trying to fill the void :)
[10:15] {ese} lol
01[10:15] {Threei}  C is valid again
[10:15] {ese} tough act to follow ole les
01[10:15] {Threei}  with .72 stop
[10:16] {ese} or was that ole nemo.....nah......ole les and ole nemo........hmmmmmmm
[10:16] {cc_9} JAZZ needs volume, otherwise 15min looks nice
01[10:16] {Threei} Long Setup:  TNA  .30 break
01[10:16] {Threei}  If holds  .20
01[10:18] {Threei}  Invalidated
[10:18] {jdetente} meh no go C
01[10:19] {Threei}  (US) Fed's Evans (dove, FOMC voter): FOMC looks at both sides of its mandate, reiterates that the Fed could either increase or decrease QE purchases- It is critical that global banks maintain substantial capital cushions
01[10:19] {Threei}  jd?
[10:20] {jdetente} C triggered
[10:20] {jdetente} printed .81
01[10:20] {Threei}  [10:15] {Threei} with .72 stop
[10:20] {jdetente} .75
[10:20] {jdetente} no?
01[10:20] {Threei}  10:20] {Threei} [10:15] {Threei} with .72 stop
[10:20] {jdetente} oh shoot...didn't see second
01[10:20] {Threei}  SPY is weak again
01[10:24] {Threei}  what the deuce
[10:24] {Les} TNA 46
[10:24] {nemo} 162 bounce
[10:25] {nemo} oops, not reading it right .80
[10:29] {Les} tna .90 long if db to .80? market hesistation suggests potential bottom
[10:30] {Les} premarket lows in spy taken out
01[10:30] {Threei}  can't tell
[10:30] {Les} k
[10:30] {Les} iwm
[10:30] {Les} sorry
[10:31] {dino} boil drop
[10:33] {RonS} lanced?...sorry...
[10:34] {dino} sm l .90 boil
[10:34] {nemo} sucks ya' can't short tsla
[10:34] {RonS} ya
[10:34] {ese} L tol .36
[10:34] {dino} out boil .40, +.50
[10:34] {RonS} $100,000 electric cars...what could go wrong?
[10:35] {RonS} gj dino
[10:35] {dino} ty
[10:35] {dino} buy a lot of gas for 50k or so
[10:35] {nemo} tna good to .35 or so
[10:37] {RonS} tsla dude elon musk chairman of solar city...currently suing fed for $350 mil of solar subsidies...elon big dem contributor...most crony corrupt admin since US Grant
[10:38] {RonS} of=for
01[10:42] {Threei} Long Setup:  BBY  .70 break
01[10:42] {Threei}  If holds  .60
[10:44] {nemo} I would take some tna here
[10:45] {Les} alphaguru...rings a bell
[10:45] {nemo} ?
[10:45] {Les} not an alias?
[10:46] {Les} of whatshisname?
01[10:46] {Threei}  reshi
[10:46] {nemo} oh jeez
[10:46] {Les} thai net address
01[10:46] {Threei}  kidding
[10:46] {Les} one of the cc's?
[10:46] {nemo} fslr
[10:47] {Les} TNA above 3 min bb's. pullback to 46 low sould be nice here
[10:47] {thomcbell} long setup hlss 23.50 long break if holding 23.40
[10:47] {nemo} not expecting much of a pullback
[10:47] {ese} out tol .5706 +.2106...........one must strive to be accurate these days
[10:48] {Les} nice
[10:48] {ese} tks
[10:49] {dino} ddd sm l .00
[10:51] {thomcbell} ddd is a crazy stock
[10:51] {thomcbell} massive moves
[10:52] {jdetente} especially with that second equity offering after hours today
[10:52] {RonS} really? is it priced?
01[10:52] {Threei}  stop to .64
[10:52] {thomcbell} well it has held up incredibly well
[10:52] {jdetente} it will be priced I should say
01[10:53] {Threei}  3-D Systems Corp Anticipates pricing its previously announced, anticipated offering to sell shares of its common stock after the close of trading on the New York Stock Exchange on Thursday, May 9- On May 7, 2013, the company announced a proposed underwritten public offering of approximately $250M. In addition to the $250M from 3D Systems, certain stockholders, including certain officers and directors and their affiliates, are offering an aggregate of approximately 1.3M shares in the offering. - 3D Systems intends to use the net proceeds from the offering to finance future acquisitions of other entities or their assets and for working capital and general corporate purposes. The Company will not receive any proceeds from the sale of shares by the selling stockholders
[10:53] {RonS} so, price in the ah today?
[10:58] {Les} IWM looking a lot stronger than SPY here. if spy lifts above 163 again
[10:58] {ese} L ddd .06 smallish
[10:58] {jdetente} 1:1 BBY
[10:59] {nemo} wdc gonna close gap
01[10:59] {Threei}  1:1
[11:00] {nemo} mnst
[11:00] {ese} out ddd .31 +.25
[11:02] {Les} sm tna . .42
[11:02] {nemo} nflx on disney deal, poor shorts
[11:02] {Les} cut half
[11:04] {robbers} Vad, thanks BBY.
01[11:06] {Threei}  :)
01[11:06] {Threei}  out in full
[11:09] {jdetente} out last piece at .95. Thanks Vad
01[11:10] {Threei}  yw
01[11:10] {Threei}  had me hesitating a tad when couldn't break .75 for a good while
[11:11] {Les} I thank you for the setup, but late in taking my drugs, forget to set an exit
[11:11] {Les} started overthinking, so drugs not entirely to blame
[11:11] {Les} shut up nemo
[11:12] {Alexs} why didn't u stop on trail after 1:1 Vad?
[11:12] {Les} and got cold virus again. curse europe's weather
[11:12] {Will49} was wondering that too
[11:12] {patel} Yeah, I got trail stopped after 1;1
[11:12] {Will49} after 1:1 i trailed stop to .69
[11:13] {Will49} and stopped out
[11:13] {Les} bb's tigthening on indexes
[11:13] {ese} L ddd .18
[11:14] {ese} trying to drive the price up for dino
[11:14] {ese} anything for a friend eh
[11:14] {Les} price arbitrage. iwm up spy down
[11:15] {Les} tna 1:2 stop to .50
[11:15] {dino} ddd to .35
[11:15] {dino} out +.35
01[11:16] {Threei}  because of a frikin phone call
01[11:16] {Threei}  just now saw that it did tag the trailing stop
[11:16] {Will49} lol
[11:17] {jdetente} that drop after hitting 1:1 was quick...I had walked away
01[11:17] {Threei}  not good really
[11:17] {Will49} your lucky day Vad
01[11:17] {Threei}  well, yeah, but this is not the way to trade
01[11:17] {Threei}  sometimes administratibe stuff gets in the way
[11:17] {Les} CAT too mornign resistance here
[11:17] {Les} nice cup CAT
01[11:18] {Threei}  more than that... I haven't seen your questions in the room about it
01[11:18] {Threei}  got a dcc from one of members who asked the same question, and only after that saw it
06[11:18] * Threei hangs his head in shame
[11:19] {Will49} Guru is human :)
[11:19] {ese} out ddd .34 +.16
06[11:19] * Les furiously scribbles down this account for future reference
[11:23] {Les} tna to .60
[11:25] {nemo} disconnect between iwm spy and fas
[11:29] {Les} tna to .70
[11:32] {Les} stopped +.27 TNA
[11:34] {Les} IWM rode it's 3 min bb's up to premarket resistance. should have shorted
01[11:34] {Threei} Short Setup: C  .50 break
01[11:34] {Threei}  If holds  .60
01[11:50] {Threei}  ese, dcc please
[11:53] {dino} out ntwk .74, +.30
[11:53] {nemo} kss in bounced territory
01[12:06] {Threei}  not liking that C ignores SPY drop
[12:07] {nemo} gmcr
01[12:08] {Threei} Short Setup: SBUX  .20 break
01[12:08] {Threei}  If holds  .30
01[12:11] {Threei}  no go C
[12:12] {stevw} how do you like that c&h on FCX?
[12:13] {RonS} fb rip
[12:13] {nemo} fb jump on cooperman saying he'ss long, get ready dino
[12:14] {stevw} i had an .02 bid on the FB retest, but didn't get taken
01[12:18] {Threei}  FCX, I like the chart
01[12:18] {Threei}  not sure SPY cooperates
01[12:19] {Threei}  Cooperman merely said he "continues to hold"
01[12:19] {Threei}  shrug
[12:20] {Alexs} where is entry on fcx?
01[12:20] {Threei}  33.05 would be C&H break
[12:21] {Alexs} tu
01[12:21] {Threei}  with this SPY drop, I am not sure it's worth it
[12:21] {Alexs} k
[12:21] {stevw} coiuld be interesting if it now claws back up to form smaller secondary c&h
01[12:22] {Threei}  come on SBUX, couigh up couple more cents
01[12:24] {Threei}  1:1
[12:25] {jdetente} there we go
[12:26] {stevw} out of last half of BBY - tried to let it run, but settled for a match of the first half - many thanks vad!
01[12:27] {Threei}  yw
01[12:34] {Threei}  you may get your wish, stev
01[12:35] {Threei}  FCX starts evening out and consolidating
[12:35] {stevw} keeping a close eye on it
[12:37] {nemo} bidu two way here
[12:37] {stevw} c'mon sbux, let's have a big spill
[12:38] {nemo} long
[12:38] {nemo} finnies spx trying to push higher
01[12:41] {Threei}  I like how it stays at the lows while SPY tries to bounce
01[12:41] {Threei}  and I don't like their coffee
[12:41] {thomcbell} tsla shocking explosion off the low
[12:43] {stevw} you didn't laugh at my electric car joke, so don't expect a laugh from me
01[12:44] {Threei}  I must've missed it... lemme scroll
[12:44] {stevw} it was a weak early morning attempt
01[12:45] {Threei}  hmmm... OK, I found it...
01[12:45] {Threei}  luck of caffein in your blood can be an exuse :)
[12:45] {stevw} sure, let's go with that
01[12:46] {Threei}  just please, whatever you do, do NOT try to fix it with SBUX coffee
[12:46] {jdetente} you prefer Green Mountain Vad??
01[12:46] {Threei}  it's not even an excuse for coffee
01[12:46] {Threei}  meh
[12:46] {jdetente} hehe
01[12:47] {Threei}  buy java colombia beans, grind them, brew a real coffee in, umm, what's the english for it
01[12:47] {Threei}  cezve
[12:47] {thomcbell} how do u get those Vad
01[12:47] {Threei}  Costco sells them here in Canada
01[12:48] {Threei}  vacuum packed, very fresh
[12:48] {thomcbell} http://images.costco.com/image/media/350-677981-847__1.jpg
[12:48] {thomcbell} oh no thats ethiopian
[12:49] {RonS} seeing an ad elsewhere for a $2500 bitcoin miner...wtf?
01[12:49] {Threei}  lol
[12:50] {jdetente} I like Illy's coffee (espresso) myself
01[12:50] {Threei}  just forget those machine brews, whether traditional or single cup, that's not coffee at all
01[12:51] {Threei}  drop ones I mean
01[12:51] {Threei}  drip
[12:51] {jdetente} drip
[12:53] {Alexs} CAT short .40?
01[12:54] {Threei}  not sure about CAT...
01[12:54] {Threei}  it usually works niely on this kind of setup
01[12:54] {Threei}  but last few days it's just imossible
[12:54] {Les} GDX another prospective breakout candidate at .95
01[13:04] {Threei}  lol, local news tweet:
01[13:04] {Threei}  Apologies go out to Vic-Beacon Hill candidate John Shaw of the Communist Party. The News misstated his name in our May 8 questionnaire.
01[13:04] {Threei}  did they call him Karl Marx?
01[13:05] {Threei}  friking SBUX remained a scalp
[13:05] {Will49} That;s my riding Vad
[13:05] {jdetente} day of the scalp...
[13:05] {Will49} now I've got an alternative to Libs and NDP :)
01[13:05] {Threei}  don't tell me it's your pseudonim
[13:05] {Will49} busted!
01[13:06] {Threei}  SPY went green
01[13:07] {Threei}  FCX remains indifferent though
[13:07] {Les} c .75 long holding .70?
01[13:07] {Threei}  50/50...
[13:07] {Les} k
01[13:09] {Threei}  CAT would have stopped that entry
[13:10] {Alexs} yes tu
[13:12] {Les} fcx .05 long?
[13:12] {Les} holding .95?
[13:13] {RonS} tsla loaded up some shorts and now driving them over the cliff
[13:13] {RonS} lucky here...thank god no shares to short...
01[13:14] {Threei}  yes FCX
01[13:15] {Threei}  TSLA is a total squeeze, yeah... Consumer Report added fuel to the fire
[13:15] {nemo} charge to the battery
[13:15] {stevw} zapped it
[13:16] {stevw} we're still doing electric car jokes, eh
[13:16] {jdetente} I see those money pits driving around every once in a while...just shake my head
[13:16] {nemo} call that a a joke stevw?
[13:16] {Alexs} stop fcx .95?
[13:17] {jdetente} .94
[13:17] {stevw} about as good as mine get
[13:17] {backman} any thought on shorting GDX on break of curent low?
01[13:17] {Threei}  yes, just under
01[13:17] {Threei}  GDX... hmmm
01[13:18] {Threei}  .74 you have in mind, bman?
[13:18] {backman} therabouts....74/.73
01[13:22] {Threei}  with .81 stop
[13:22] {backman} sure
[13:28] {backman} if it fails here, i'm gestimating .50's ...
[13:29] {Will49} no gesticulating though
01[13:29] {Threei}  .45 my target
[13:29] {backman} keep ur hands to yourself will
[13:30] {Les} nice one b. missed it for doing dinner
[13:30] {Will49} :)
01[13:31] {Threei}  1:1
01[13:32] {Threei}  sigh
01[13:32] {Threei}  another scalp
[13:33] {backman} and so it goes
[13:33] {Les} grind up....
01[13:39] {Threei}  gring FCX, grind
[13:41] {backman} that spike on GDX just fels like a short stop..no followthru
[13:41] {backman} right back at same trigger
01[13:44] {Threei}  chop chop
[13:44] {Alexs} C long .80?
01[13:44] {Threei}  this SPY push should take FCX to 1:1
[13:44] {Will49} puuuuuush
01[13:44] {Threei}  C, yes
[13:45] {backman} JPM in here?
01[13:45] {Threei}  hate the way this thing trades today but this setup is a must
[13:45] {jdetente} 1:1 FCX
01[13:45] {Threei}  1:1 FCX
01[13:46] {Threei}  JPM, this one I'd rather skip
[13:47] {ese} Don't know if you all are noticing this but a lot of small caps moving to me indicating the last part of a bull run
01[13:47] {Threei}  ese, look dcc pls
[13:48] {Les} e.g., ese?
01[13:50] {Threei}  mazon Developing Smartphone With 3-D Screen
01[13:50] {Threei}  sounds about right... how long should we put up with this 2F crap
01[13:50] {Threei}  2D
[13:51] {Les} bring 3D goggles and virtual keyboard into the living room and I'll be impressed
01[13:51] {Threei}  if buddy sends me a video of his dog humping his stuffed toy, how am I supposed to enjoy it wiithout 3D?
[13:52] {dptl} lol
[13:52] {Les} ugh
[13:52] {Les} all the uses for the technology right...
[13:52] {Will49} pretty low-level porn Vad
[13:52] {Les} lol
01[13:52] {Threei}  what can I do... each of us has his ceiling, right?
[13:53] {Will49} :)
01[13:53] {Threei}  ese, you here?
[13:53] {Will49} everybody's gotta be someplace
06[13:54] * Threei slaps ese around a bit with a pokes ese with hypodermic needle full of strong coffee brew
[13:54] {Les} GDX might drop for real here. some consolidation would be nice
01[13:54] {Threei}  hmmm... that was complicated move
[13:54] {stevw} so much for existentialism
01[13:55] {Threei}  FCX, give us 1:2
01[13:55] {Threei}  yesss
[13:55] {jdetente} good timing
01[13:55] {Threei}  C mercifully never trigered
[13:55] {Les} got it. now one more
[13:56] {dino} fxy drop
01[13:56] {Threei}  what else is new
[13:56] {Les} GDX bouncing around here
01[13:56] {Threei}  FXY does nothing but drops last few months
[13:56] {Les} DB?
01[13:56] {Threei}  but yeah, this is sharp dive
01[13:57] {Threei}  what about DB?
[13:57] {Les} GDX
[13:57] {Les} strange
[13:57] {Les} but looks like DB
[13:58] {Les} or just new range developing
01[13:58] {Threei}  re: FXY:
01[13:58] {Threei}  US Dollar vs Japanese Yen USD tests above �100; first time since April 2009
01[13:58] {Threei}  no, GDX isn't
[13:58] {Les} k
01[13:58] {Threei}  and I looked at symbol DB becxause of you
[13:59] {jdetente} I thought he was calling you names...
01[14:00] {Threei}  he does, under his breath
01[14:00] {Threei}  I take it as a given
[14:00] {jdetente} is C still on table or has it given us enough hell today already?
01[14:01] {Threei}  I hate it today but the chart is too good... I am torn
[14:01] {jdetente} half lot?
01[14:01] {Threei}  good compromise
01[14:02] {Threei}  let's: a) take it, b) limit it to hl and c) swear at it all the time the trade lasts
[14:02] {jdetente} d) if it doesn't work use good hot sauce for keyboard
01[14:03] {Threei}  can't frikin believe it
01[14:03] {Threei}  the lens I was hunting for during last few months, usually costing about $1300, popped up on Ebay for 800
01[14:03] {Threei}  I hoped for 1000
01[14:04] {Threei}  snatched it within 5 minutes after it was posted :)
[14:04] {stevw} what one?
01[14:04] {Threei}  Zuiko 7-14
[14:04] {stevw} macro?
[14:04] {Les} hoped?
[14:04] {stevw} never heard of it
[14:04] {Les} you offered 1000 on the spot?
01[14:04] {Threei}  bought it for 800
01[14:05] {Threei}  ultrawide, super high grade, water proof, amazing optics
[14:05] {Les} we seen what it does yet?
[14:06] {stevw} oh, olympus
01[14:06] {Threei}  http://www.cameralabs.com/reviews/OlympusE714mm/
01[14:06] {Threei}  I just bought it, Les
01[14:06] {Threei}  widest I had was 9-18
[14:09] {Les} GDX...
[14:13] {Will49} well...off to mainland, see you all next week
[14:13] {Will49} and good luck
[14:14] {Alexs} Vad what is a size of standart lot in price range we trade?
01[14:14] {Threei}  take care will, have fun
01[14:14] {Threei}  1000 shares, Alex
[14:14] {Alexs} ty
[14:14] {Les} cheers wiull
01[14:15] {Threei}  unless you are ese
01[14:15] {Threei}  he doesn't recognize anything under 5K
01[14:15] {Threei}  with dino/cipher trades it's less of course
[14:15] {Alexs} :O
01[14:15] {Threei}  their stops are wider
[14:17] {Les} damn 2 min at table and FXY is off
[14:20] {Les} RIG flirting with 55 but not setup I see
[14:22] {Les} LVS just broke down short bounce into resistance here?
01[14:22] {Threei}  hl
01[14:23] {Threei}  on .40 recross
[14:24] {Les} c broke south
[14:26] {dino} fslr spike
[14:29] {dptl} FIO .70 short?
01[14:30] {Threei}  nah
[14:32] {dptl} VLO .50 long?
01[14:32] {Threei}  die LVS
[14:32] {patel} What was the entry on LVS
01[14:32] {Threei}  short
01[14:33] {Threei}  14:22] {Threei} hl
01[14:33] {Threei}  [14:23] {Threei} on .40 recross
01[14:33] {Threei}  no VLO
[14:34] {Les} short C .69 small
[14:37] {Les} c covere half .61
[14:38] {Les} paretial cover lvs ty
01[14:38] {Threei}  1:1
01[14:38] {Threei}  LVS owed us
01[14:43] {Threei}  here is a head-scratcher:
01[14:43] {Threei}  Google Inc Apple is said to have been awarded a court order against Google in ongoing patent suit against Samsung
01[14:43] {Threei}  who sues whom for what against whom?
01[14:44] {Threei}  and here is one content guy:
01[14:44] {Threei}  Fed's Plosser: Not worried about the slowing pace of inflation, not worried about disinflation
[14:44] {nemo} hey dino, you should trade dust
01[14:45] {Threei}  you mean Greece?
01[14:45] {Threei}  I remember Moody's downgrading then to dust recently
[14:48] {Les} C stop to .60
01[14:48] {Threei}  lol, what's with guy trying to connect recently without even registering for a trial
01[14:48] {Threei}  guys
[14:48] {nemo} http://bit.ly/147bKla
[14:49] {dino} why dust nemo?
[14:49] {nemo} look how much it moves, and it's low volume, your kinda' stock
[14:49] {nemo} or etf as the case may be
[14:50] {dino} yeah 5 buck range
[14:50] {dino} whoa 9 buck
[14:50] {nemo} sportin' wood there kid?
[14:50] {dino} lol
01[14:51] {Threei} Long Setup:  GLD  .30 break hl
01[14:51] {Threei}  If holds  .20
01[14:52] {Threei}  LVS baby
01[14:52] {Threei}  1:2
01[14:52] {Threei}  Invalidated  GLD
01[14:52] {Threei}  fpr now
[14:52] {Les} c covered .51
[14:52] {Les} lvs partial 1:2
01[14:52] {Threei}  wtg
[14:53] {Les} ty
[14:54] {backman} followed your earlier comment re: JPM weakness...after I dumped my long....flipped it short :=)
01[14:54] {Threei} Long Setup:  GLD  141 break hl
01[14:54] {Threei}  If holds  .90
01[14:55] {Threei}  good one bman :)
01[14:56] {Threei}  what pulled rug from under the market
[14:56] {nemo} could get a bounce here
01[14:56] {Threei}  bounce time GLD, wake up
01[14:57] {Threei}  nope
01[14:58] {Threei}  wow
01[14:58] {Threei}  what the deuce
[14:58] {jdetente} seriously
[14:58] {jdetente} weird day
[14:58] {nemo} article saying Bennie gonna' take the foot off the pedal
01[14:59] {Threei}  as if anyone knows
[14:59] {nemo} know shit
[15:00] {nemo} no pun intended
[15:00] {Les} LVS covered +.37
01[15:00] {Threei}  my belief is, yes, sooner or later for this or that reason they will have to do that,
01[15:00] {Threei}  and all hell will break loose,
01[15:00] {Threei}  but the timing is up to anyone
[15:01] {Les} god wu wei is so important sometimes. so tempted to reign in these trades for scalp and BAM! they work
01[15:01] {Threei}  closed LVS at 1:3 btw
01[15:01] {Threei}  look at the chart
01[15:01] {Threei}  if that's not a calssic
01[15:01] {Threei}  our short entry I mean
[15:01] {nemo} ay calassic?
06[15:02] * Threei slaps nemo around a bit with a dictionary of Threeiish
[15:03] {nemo} now those are big boy bars in SPY
[15:04] {Les} TNA back to 46 for a potential DB
01[15:06] {Threei}  http://goo.gl/5rZ4L
[15:06] {nemo} what chart that in?
[15:06] {nemo} program that is
[15:12] {Les} Uncle Buck ruining everyone's day. no news?
[15:13] {nemo} mmmmmhhhh....had the same thought about you
01[15:13] {Threei}  rofl
01[15:13] {Threei}  no, USD strength was noted from the morning
01[15:14] {Threei}  but I will beg to differ about tuining EVERYONE's day
[15:14] {nemo} you talking about the $ or Les?
01[15:14] {Threei}  I for one can't waith till this slow creep-ip crap is over, and we crash
[15:14] {nemo} yeah, and hopefully I'm short
[15:16] {Les} hehe not bad bunny boy
[15:17] {Les} yeh surviving the grind without burning myself, being ready for the blood is the goal
[15:18] {nemo} lotsa futures buying going on
[15:19] {nemo} trying to get this thing back up
01[15:19] {Threei}  they will
01[15:19] {Threei}  bull market is far from over
[15:19] {nemo} methinks 2
01[15:19] {Threei}  these drops are just testing of the watwer
01[15:20] {Threei}  luring in suckers that think they need to be short before the actual reverrsal
[15:20] {nemo} yeah, they'll hold this up through op ex, then see what happens
01[15:20] {Threei}  killing them by new highs
[15:21] {dptl} Vad, you still using old version of laser?
01[15:21] {Threei}  yes
01[15:22] {Threei}  what they don't get is,
01[15:22] {Threei}  Fed is not going to change the policy willy-nilly
01[15:22] {Threei}  they will do that only when pressed in the corner
01[15:22] {Threei}  or when political climate changes
01[15:22] {Threei}  and different ideology comes to rule the day
01[15:23] {Threei}  who wrote that article nemo? I missed it
[15:26] {nemo} not sure
01[15:28] {Threei}  GLD bounce hasn't really offered clear entry chance
[15:33] {Alexs} gdx l. 30?
01[15:33] {Threei}  yes, but let's do half lot
[15:33] {nemo} need consolidation, you're lat to the party
[15:33] {nemo} late
01[15:33] {Threei}  still
01[15:34] {Threei}  eod should bring sme covering
[15:34] {nemo} 30.15 then .30.25 possible
[15:34] {nemo} indexes in short setups though
01[15:37] {Threei}  well, GDX acted for a long while as a hedge to SPY
01[15:37] {Threei}  not today though
01[15:37] {Threei}  so it's kind of hard to judge to which degree we can use index as a leader
[15:37] {nemo} which index?
01[15:38] {Threei}  SPY
[15:38] {nemo} I look at spy finnies and iwm
01[15:38] {Threei}  you must have too many eyes
[15:48] {dino} gn all
01[15:48] {Threei}  take care dino
[15:50] {dptl} gn all see ya tomorrow
01[15:51] {Threei}  you too dp
01[15:52] {Threei}  meh
01[15:52] {Threei}  Ok guys, thank yiu all
[15:53] {jdetente} have a good one.
01[15:53] {Threei}  have a good evening, see you tomorrow
[15:53] {Alexs} ty see you tomorrow

Wednesday, May 8, 2013

May 08 2013

Some days are not meant to be. Setups work in one case out of 4, and most of those that work are just scalps. Some days you are bug; tomorrow we will be a windshield again. 


Session Time: Wed May 08 00:00:00 2013
[03:35] {KSystems} GM
[05:26] {KSystems} l GCLM3 95.61 stp 95.52 tgt 95.70
[05:38] {KSystems} out GCLM3 95.52 (-0.09)
[05:59] {KSystems} l 6EM3 131.28 stp 131.06 tgt 131.50
[06:14] {KSystems} out 6EM3 131.50 (+0.22)
[06:31] {KSystems} l GCLM3 95.53 stp 95.43 tgt 95.63
[07:40] {KSystems} s GCLM3 95.53 stp 95.66 tgt 95.40
[08:24] {thomcbell} ddd - stock issue
[09:01] {nemo} Oh oh, I see I haven't missed all the morning niceties....oy vay
[09:01] {thomcbell} fio
01[09:01] {Threei}  we agreed to keep them until you are in
[09:01] {thomcbell} must have been some pretty valuable employees
[09:01] {nemo} thanks for thinking of me Vad
[09:01] {nemo} NOT!!!
[09:01] {jdetente} oh nemo is here. Isn't it a beautiful morning!
01[09:02] {Threei}  it so is!
[09:02] {jdetente} Rainbows and unicorns!
[09:02] {nemo} Yeah, I didn't sleep much, so I drove into Boston to mug the drunks
01[09:02] {Threei}  and vodka?
[09:02] {nemo} thanks for reminding me vad
[09:02] {stevw} that's how you see unicorns
01[09:03] {Threei}  well, I am trying to siften the shocks
01[09:03] {Threei}  soften
[09:03] {nemo} I used to go practice my sucker punches at the school for the blind
01[09:03] {Threei}  I mean, nemo riding the unicorn under the rainbow... and without bottle of vpfka in hand?
[09:04] {jdetente} I think there's a bottle of vodka at the end of the rainbow
[09:04] {stevw} to borrow a youthful phrase - omg!
01[09:04] {Threei}  lol
[09:06] {nemo} omg...we're down over $.30!!!...it's a frickin' depression
[09:07] {dino} gm
01[09:07] {Threei}  dino :)
[09:08] {dino} value added research, jefferies raises cvlt to 74. stock is at 76
[09:09] {nemo} wow 250 gig SSD for $160
[09:11] {RonS} hi y'all
01[09:12] {Threei}  ron :)
[09:15] {patel} good morning
01[09:16] {Threei}  patel :)
[09:16] {nemo} kneecap
[09:17] {backman} gm
01[09:17] {Threei}  bman :)
[09:17] {backman} can we plz have a revenge short on CAT? :=)
[09:17] {stevw} dr. nemo, not captain nemo?
[09:17] {ese} gm
01[09:17] {Threei}  ese :)
01[09:18] {Threei}  is it me or this mother day gift suggestion sounds a wee bit dirty? http://goo.gl/Ybtl7
[09:18] {nemo} I'm impressed stevw..now go get psychiatric help immediately
01[09:18] {Threei}  revenge short?
[09:18] {nemo} too funny, IWM and SPY bounce right at today's pivot point
[09:18] {RonS} ese, think PF needs to go on your watchlist for a breakout...
[09:18] {nemo} as does fas
[09:19] {Will49} gm
01[09:19] {Threei}  will :)
[09:22] {Alexs} gm
01[09:22] {Threei}  alex :)
[09:22] {Les} morning
[09:22] {Les} piss off Nemo
01[09:22] {Threei}  les :)
[09:23] {nemo} ty
[09:23] {Les} always here for ya
01[09:23] {Threei}  he can't, he is riding a unicorn
[09:23] {ese} tks ron will do......held iqnt overnight......was hoping for a push up today....no such luck am gonna exit at open and look eslewhere
[09:23] {nemo} killed it
[09:23] {Les} bunnies, unicorns, what next?
[09:23] {dptl} gm
01[09:23] {Threei}  rainbows
01[09:23] {Threei}  dp :)
01[09:23] {Threei}  morning dew drops on the rose petals
[09:24] {nemo} I prefer the thorns and poison ivy, venus fly traps, pitcher plants
01[09:25] {Threei}  it's not about what you prefer anymore... we decided to make you a kind and gentle man
[09:25] {ese} lol
[09:26] {Les} civilise the beast eh? Not sure about that
[09:26] {nemo} Thank Barack
[09:26] {cipher} gm
[09:26] {nemo} turn me into a lefty...I doubt it
01[09:26] {Threei}  cipher :)
01[09:26] {Threei}  well, we don't go this far
[09:27] {nemo} I'm doing God's work
[09:27] {Will49} that stopped the discussion
[09:30] {ese} maybe the best line of the year...."doing gods work" ?  lol
[09:30] {nemo} yeah, helping souls transition
[09:30] {jdetente} lol
[09:30] {nemo} maybe they don't want to go when I send them, but I know better
01[09:30] {Threei} Short Setup: C  48 break
01[09:31] {Threei}  If holds  .10
01[09:34] {Threei}  let's trail to .06
[09:35] {dino} fio sm l .00
[09:36] {jdetente} .01 from .90. Grrr.
01[09:36] {Threei}  out
01[09:36] {Threei}  yeah
[09:37] {cipher} INCY L.54
[09:38] {cipher} CRUS L .65
01[09:38] {Threei} Short Setup: GDX  .30 break
[09:39] {ese} out iqnt .4916 +.03 on 2k.........ahhhhhhh  what can ya do eh
[09:39] {cipher} Z L.72
[09:39] {ese} ya win some ya loose some
[09:39] {cipher} out Z .19 +.44
[09:39] {nemo} ddd halted
[09:39] {nemo} vclk short
[09:40] {cipher} CRUS stopped .69 +.04
[09:40] {nemo} nope, didn't break 26
[09:41] {dino} z sm l .57 wide
01[09:41] {Threei} Long Setup:  CAT  .30 break hl
01[09:41] {Threei}  yeah right
[09:42] {ese} just lookin at vclk nemo
[09:42] {Les} was dialling down shares to grab a little higher but too late
[09:42] {cipher} LBTYK L.58
[09:42] {ese} cut to mrkt perform.............thats it?
[09:42] {cipher} LBTYA L.80
[09:42] {Les} yeh VCLK 2 way watched it
[09:42] {cipher} out INCY .71 +.17
[09:42] {Les} nuts
[09:42] {ese} l vclk .44
[09:43] {Les} cipher jacked your account has he ese?
[09:43] {ese} out vclk .56 +.12
[09:43] {Les} nice
[09:43] {ese} tks
01[09:43] {Threei}  sheesh CAT
[09:44] {Les} .35 ain't so expensive now...
[09:44] {nemo} pre market was the pullback
[09:44] {ese} ya press a button....and then ya press a button and ya make money........great work if you can get it
[09:44] {ese} out too soon
[09:45] {Will49} waht about the beads of blood that break out on my forhead?
[09:45] {Les} VAd, I found the author of your email from yesterday.
[09:45] {cipher} out LBTYA .98 +.18
[09:45] {Les} It's gotta be ese
[09:45] {ese} lol
[09:45] {Les} ask vad later
[09:45] {cipher} out LBTYK .79 +.21
01[09:46] {Threei} Short Setup: CAT  .75 break hl
01[09:47] {Threei}  If holds  .85
01[09:47] {Threei}  change to .80 break
01[09:48] {Threei}  If holds  .90
01[09:49] {Threei}  1:1
[09:50] {ese} fslr just going nuts these days.........thats another one on my hit list
01[09:50] {Threei}  that's all?
[09:50] {jdetente} thought there was a 1:2 in CAT...oh well
01[09:51] {Threei} Short Setup: GDX  .45 break
01[09:51] {Threei}  If holds  .53
[09:51] {ese} so far
[09:52] {ese} sheesh...........just back from Denmark and Memphis........gotta go at this slow
[09:52] {cipher} Z L.64
01[09:52] {Threei}  Invalidated
[09:53] {ese} l fslr .75
[09:53] {Les} definitely divergence between slw and gdx
[09:53] {ese} nice....an even number for a change
01[09:53] {Threei}  I was talking to CAT, ese... lol
[09:53] {backman} that CAT rinse at the open was the revenge short i had in mind :=)
[09:54] {ese} out fslr .88 +.13
01[09:54] {Threei}  wasn't really a trade you can read or even execute safely
[09:54] {backman} i believe u
[09:54] {ese} oh ya sure!!!!! ya bastard.......as soon as i exit...it shoots up......thats twice today
[09:55] {ese} i don't like your game vad...........
[09:55] {cipher} out Z .40 +.76
[09:55] {Will49} nice
[09:55] {Les} slw .90 short holding 24?
[09:56] {ese} whoa....nice one C
01[09:57] {Threei} Short Setup: GDX  .50 break
01[09:57] {Threei}  If holds  .56
[09:58] {cipher} ISIS L .04
[09:59] {ese} l ga .59
[10:00] {cipher} out ISIS .29 +.25
01[10:00] {Threei}  1:1
[10:00] {ese} out ga .67 +.09
[10:01] {ese} opps +.08........excuse me
[10:02] {nemo} I would say the central banks have firm control of the markets
01[10:03] {Threei} Short Setup: CAT  .90 break hl
01[10:04] {Threei}  If holds  90
[10:04] {Les} 2 way?
[10:04] {nemo} algo purely green, not one red stock
01[10:04] {Threei}  no, won't go long
[10:04] {cipher} CLMT L .02
[10:05] {backman} sto[ 90.01?
01[10:05] {Threei}  yes
[10:06] {Les} well when we hear talking heads speak of "new plateau" in equity markets you know its time to walk Nemo
[10:07] {nemo} no, you don't know anything
[10:07] {nemo} DIS here
[10:08] {nemo} long probably, wht 64.80 next level
[10:08] {Les} I know history old man
[10:08] {nemo} doesn't mean you know how to apply it
[10:09] {Les} I pay somebody else for that
[10:09] {Les} heck I'm here for kicks and giggles
[10:11] {cipher} Z L.95
[10:11] {Les} DIS .90 short?
[10:11] {nemo} next support is .80, how's your R/R
[10:11] {cipher} Z stopped .91 -.04
[10:12] {Les} no idea. no FSC. no indicators
[10:12] {nemo} look at your chart
[10:12] {cipher} rprx l .27
01[10:12] {Threei}  DIS, nah
[10:12] {nemo} 64.80 support
[10:13] {Les} forgot I could pull these trade screens timeframes out. used to having 1 min only. see it
01[10:13] {Threei}  give up CAT
[10:13] {nemo} you bred, didn't you?
[10:13] {nemo} please tell me you adopted
[10:14] {cipher} out CLMT .35 +.33
[10:15] {jdetente} this for CAT http://www.youtube.com/watch?v=3HUGeA2lur4
[10:15] {Les} 1:1 DIS
[10:16] {Les} stripped off excess screens to work purely with price and vol. Need to make greater use of trade station now
[10:16] {cipher} out RPRX .32 +.07
[10:16] {nemo} you need to make greater use of cyanide
[10:17] {Les} you need to zip it
[10:17] {nemo} ow
01[10:18] {Threei}  yuck
[10:18] {jdetente} wtf CAT
[10:18] {Les} http://www.youtube.com/watch?v=fK8mneO8yvU
[10:19] {cipher} lnco drop
[10:19] {cipher} LNCO L .27
[10:20] {backman} now is when cat it'll puke...after choking the shrorts.....
[10:21] {cipher} out LNCO .44 +.17
[10:23] {Les} DIS 1:3
[10:24] {jdetente} nice one Les
[10:24] {nemo} dis looks bounce ready
[10:25] {nemo} yeah volumen here
[10:25] {ese} anyone know what the news pending on ddd is
[10:25] {nemo} they have to get an FFL
[10:26] {ese} whats an ffl
[10:27] {ese} or should i not ask
[10:27] {nemo} joke...Federal Firearms License, because 3d printers can make guns
01[10:27] {Threei}  disgusting rinse CAT
[10:27] {jdetente} a rinse with extreme prejudice
[10:27] {ese} ah
[10:29] {nemo} dis .65 break
[10:29] {nemo} stop under .56
[10:29] {nemo} this could be a shake with a drop to .50
[10:29] {dino} axll drop
[10:30] {cipher} axll l.51
[10:30] {cipher} out .77
[10:30] {cipher} thx dino
[10:32] {Les} RIG short 55 holding .10?
01[10:33] {Threei}  you really see a setup here?
[10:33] {nemo} nope
01[10:33] {Threei}  name it
[10:33] {nemo} seller .64 ebay
[10:33] {Les} it's messy, but with some consolidation close to trigger?
[10:33] {nemo} Psyllocibin setup
[10:34] {nemo} dis has a .64 seller also
[10:34] {Les} never mind
01[10:34] {Threei}  I see no slightest sign of consolidation
[10:34] {nemo} jumped my bid
[10:35] {nemo} if you got dis, probably good to 65
[10:35] {Les} FDX at $100 resistance
[10:35] {jdetente} got some Nemo...maybe second chance here
[10:36] {nemo} make your stop the bottom of the BBs
[10:36] {nemo} that doji likely key
01[10:37] {Threei} Short Setup: C  .60 break
[10:37] {cipher} INFI L.57
01[10:37] {Threei}  If holds  .70
[10:37] {cipher} out ..86 +.29
[10:39] {jdetente} 1:1 DIS
[10:39] {jdetente} 1:2
[10:40] {Les} nice catch. paper traded .70 long
[10:40] {nemo} I'm taking a partial here
[10:42] {jdetente} I did too holding last bit stop to .74
01[10:45] {Threei}  come on
01[10:45] {Threei}  1 cent to 1:1 again?
[10:45] {jdetente} C ticking me off today
01[10:45] {Threei}  sigh
[10:45] {Les} JPM gunning for .50
[10:45] {Will49} Well....this is no fun
[10:46] {Les} $50
[10:46] {nemo} one could make an argument for adding to dis over .90
[10:46] {nemo} stop under .80
[10:46] {cipher} FEIC L.99
[10:47] {nemo} looking for shrot setup in mnst
[10:48] {jdetente} 1:3
[10:48] {nemo} 65.10 target
[10:48] {nemo} dis, that is
[10:51] {ese} L rdn ..02 L bx .55
[10:51] {cipher} out FEIC .15 +.16
[10:52] {cipher} FAST L.21
[10:54] {jdetente} out DIS on trail. Thanks Nemo
[10:55] {jdetente} makes up for disgust with C
[10:55] {Les} JPM .85 cross for 50 dollar target?
[10:55] {Les} hlding .80?
[10:56] {Les} not sure if finnies have got another leg in em, but 50 is close for JPM
01[10:57] {Threei}  it may very well go theree, but this is not the reason for a trade
01[10:57] {Threei}  tell me what kind of setup is that?
[10:57] {cipher} FAST stopped .16 -.05
[10:58] {nemo} hum long here above .80
[10:59] {Les} not a setup inyour book
[10:59] {nemo} hum nope
01[11:00] {Threei}  so you suggest that I just guess? :)
[11:00] {ese} hmmmmmm am gonna have to endure some longer consolidations with rdn an bx than i figured
[11:01] {Les} so better to wait new consolidation...
[11:01] {nemo} heheheh...dis forming c&h
[11:02] {nemo} but, that 65 area becoming strong resistance
[11:03] {ese} vad...comment please...with rdn i was trying to employ a strategy from your chart patterns where the higher low is inside the BB Band after a decline....wondering if the decline should be sharper
[11:03] {ese} 1 min chart
01[11:05] {Threei}  what's the entry?
[11:05] {nemo} Oh Vad, this is so you:  http://goo.gl/8VTch
[11:06] {dptl} lol
[11:06] {ese} was going after .00 after the long bar at 10:49....missed it
[11:06] {ese} got .02
[11:06] {stevw} FB inverse c&h near lod
[11:07] {cipher} THRX L .55
01[11:07] {Threei}  with stop under .90... chart wise looks right, entry wise I'd prefer around .95
[11:07] {ese} ok tks
01[11:07] {Threei}  you are so behind times nemo... I posted this on my FB two weeks ago
[11:08] {nemo} sorry
[11:08] {nemo} should I post the one about ridding the world of Ukranians?
[11:08] {ese} how about the decline....should it have been sharper.....more chance of short covering
[11:09] {ese} ?
[11:10] {stevw} FB invalidated
01[11:10] {Threei}  depends on what kind of trade you are going for... 20-30 cents drop is fine if you aim for 10-20 cents trade... bot if we are talking a swing trade for a dollar or more
01[11:10] {Threei}  bot = not
[11:11] {Les} FAS at highs, JPM too... DT or breakout
[11:11] {ese} ya that was pretty much it.10 to .20....not swing
[11:13] {ese} have watched a few of these lately........i like the feel of them
[11:13] {cipher} infi drop
[11:16] {nemo} kors looks short
[11:17] {cipher} INFI L .30
[11:18] {nemo} .65 break stop .71ish
[11:19] {nemo} looking for test of 57
[11:20] {nemo} nice little stop hunt on kors, likely going lower
[11:22] {RonS} took infi .35 to .65 +.30  thanks c
[11:22] {dino} me too cipher, ty
[11:22] {nemo} cam looks short, but a little low volume
[11:23] {nemo} .30 break
01[11:25] {Threei}  DDD: D Systems Says Expecting to Price Offering After Market Close on May 9th"
[11:25] {nemo} cam been weak today, if market comes in this should easily test 64ish
[11:25] {nemo} kors going well, looking to hold until 57
01[11:25] {Threei} Long Setup:  TNA  .50 break
01[11:26] {Threei}  If holds  .40
[11:26] {jdetente} thanks for KORS Nemo...out at .27
[11:27] {dino} ese blood
[11:27] {RonS} did he bang his head on keyboard?
[11:28] {cipher} out THRX .70 +.15
[11:28] {dino} ol ron, symbol
[11:29] {nemo} ddd open
[11:29] {ese} rdn stopped
01[11:30] {Threei} Long Setup:  CAT  .70 break hl
01[11:30] {Threei}  If holds  .60
01[11:31] {Threei}  Invalidated
[11:31] {Les} Nemo what DIS saying to you here
[11:31] {nemo} Nemo you're an asshole!
[11:31] {Les} apart from that
01[11:31] {Threei}  lol
[11:31] {Les} this we know
[11:31] {jdetente} out half CAM
[11:31] {nemo} takes one and all that
01[11:31] {Threei}  DIS is master of the obvious
[11:31] {nemo} look to short this .05 level, but lunch time
[11:32] {backman} CAT;;; did you mean 60 if it holds 50?
01[11:33] {Threei}  not at the moment
[11:33] {cipher} DDD L.59
01[11:33] {Threei}  but this setuo might be coming now
01[11:33] {Threei}  SPY weakens though
[11:33] {jdetente} what's going on today...all of Nemo's trades working like charm?
[11:33] {cipher} out DDD .99 +.40
[11:34] {jdetente} hehe thanks Nemo. I kid.
[11:34] {nemo} cipher six-gun, fastest man in the west
[11:34] {nemo} chicken sacrifices
[11:34] {jdetente} figured some sort of voodoo going on
[11:35] {jdetente} DIS going to hit your goal looks like
[11:35] {nemo} it could actually keep going...hiqh quality stock, and even the detritus is being bought in this market
[11:35] {cipher} INFI could get squeezed if it gets above .70
[11:36] {nemo} yeah
[11:37] {nemo} hey cipher, they may want to test the 200 day on infi
[11:37] {nemo} look for short setup too
[11:37] {cipher} k
[11:37] {nemo} but long could work to 33.40 to 33.70 before it heads south
01[11:38] {Threei}  frikin CAT
01[11:38] {Threei}  got away
[11:38] {nemo} try chasing rabbits
01[11:38] {Threei}  ok TNA... you better work, or will have to eat someone's keyboard
01[11:39] {Threei}  1:1
[11:39] {nemo} when spy pops
[11:39] {stevw} bacon and keyboards is not a great diet, vad
01[11:39] {Threei}  no but what can I do
[11:39] {nemo} 65.30 next test for DIS
01[11:39] {Threei}  bacon I love and keyboards I have to
[11:40] {stevw} and vodka? love or have to?
01[11:40] {Threei}  depends
[11:40] {nemo} poured myself another shot and forgot about it
[11:43] {jdetente} CAM 1:2
[11:47] {nemo} fas gonna' pop at the trend line
[11:47] {nemo} 64.20ish is pretty good resistance
[11:51] {nemo} infi teasing on long and short side..bitch
[11:52] {jdetente} out CAM thanks Nemo (again)
[11:52] {nemo} send check
[11:52] {jdetente} made out to bunny?
[11:52] {nemo} Redux
[11:52] {nemo} my affinity for rabbits probably messes up my reputation
[11:53] {nemo} Redux is smarter than Bunny
[11:53] {cipher} meli drop
[11:53] {Les} kids always are
[11:54] {Les} you'd be embarrassed if you had one now
[11:54] {nemo} ?
[11:56] {Les} redux is smarter than bunny
[11:56] {ese} L rdn .86
[11:57] {cipher} MELI L.00
01[11:59] {Threei}  ok TNA... make it to 1:2, and we may have a future together
[12:01] {jdetente} FAS worked also out 64.02
[12:01] {jdetente} I do not like this debt I'm racking up with Nemo...
01[12:02] {Threei}  he accepts liquid currency
01[12:02] {Threei}  he calls it sound money
[12:02] {jdetente} isopropyl alcohol?
01[12:02] {Threei}  he calls it that too
01[12:03] {Threei}  he has propensity for big words
[12:03] {jdetente} or maybe nyquil
01[12:03] {Threei}  after all, how often do you meet people who call a nose proboscis
[12:03] {stevw} uh, you might want to go with the ethyl alcohol
01[12:04] {Threei}  doeasn't matter stev, nemo's stomach is lined with stainless steel
[12:05] {Will49} "propensity" for big words....good one Vad
[12:05] {nemo} yes...I am predisposed to sesquipedalianism
[12:05] {Will49} good one
[12:06] {stevw} well then someone should call the cops
01[12:06] {Threei}  I knew someone would notice :)
[12:06] {nemo} and stevw is predisposed to Lesianism...that's fatal
[12:06] {stevw} ok, gonna have to look them both up now
[12:07] {nemo} while you're at it, practice omphalosskepsis
01[12:07] {Threei}  and I for a change am predisposes to omphaloskepsis
01[12:07] {Threei}  awww... he typed it forst!
[12:07] {nemo} can you see your omphalos?
[12:07] {RonS} does Les' middle name start w/ B?
01[12:08] {Threei}  lol
[12:08] {Les} god haven't heard purile shit like that since high school
[12:08] {nemo} it's puerile
[12:08] {Les} what age r we here?
[12:08] {jdetente} r?
[12:08] {jdetente} what is this text speak?
[12:09] {nemo} Les is typing with his tail
[12:09] {jdetente} 2 funny.
01[12:10] {Threei}  well, he is still doing better than I am typing with my knees, or putting swimming fins on my hands
[12:10] {nemo} don't encourage him, Vad
01[12:10] {Threei}  truth us truth
01[12:10] {Threei}  is
[12:13] {nemo} ahh, damn forgot about MPC
[12:14] {cipher} ARIA L.07
[12:15] {nemo} somebody keep an eye on ESRX to short in the .20 area
[12:15] {Les} GDX stopped at 30 resistance
[12:15] {cipher} MPC L.61
[12:16] {nemo} think that would be a scalp on the long side, likely going to 78
[12:19] {cipher} orly l .32
[12:20] {nemo} that tail makes me think MPC short here
[12:21] {cipher} orly stopped .22
[12:22] {Les} DT GDX?
[12:22] {Les} 2 way maybe
01[12:22] {Threei}  of loses .95 while holding 30
[12:23] {Les} short only?
01[12:23] {Threei}  if
01[12:23] {Threei}  I think so
[12:23] {cipher} out MPC .80 +.19 thx nemo
[12:24] {cipher} watching ORLY for entry
[12:25] {cipher} ORLY L .00
[12:27] {nemo} vxx up for last two days, must be insurance into the unemployment numbers tomorrow
[12:28] {jdetente} sounds about right
01[12:29] {Threei}  done with TNA
[12:29] {jdetente} there's that MPC drop after the scalp
[12:29] {cipher} ORLY stopped -.14
[12:29] {stevw} me too on TNA - had moved my stop to breakeven
01[12:30] {Threei}  right
[12:30] {cipher} MPC L.42
[12:31] {cipher} out .52
[12:31] {jdetente} cipher = rifleman
[12:31] {jdetente} Chuck Connor style
[12:32] {cipher} ZUMZ L .78
[12:33] {cipher} out .92
[12:35] {dptl} ETR .20 short?
01[12:35] {Threei}  hl
[12:36] {cipher} INFI trying again
[12:36] {jdetente} you still holding DIS nemo?
[12:37] {jdetente} great trade
[12:41] {cipher} TNA L.51
[12:44] {cc_9} DDD keep an eye on a $41 breakout
[12:47] {cc_9} =)
[12:47] {Les} DIS starting to spike
[12:48] {Les} ETR ty DP half covered
[12:48] {cipher} out TNA .62 +.11
[12:49] {cc_9} DDD new highs, so far so good. tgt .50
[12:51] {Les} CAT .75 short?
[12:51] {Les} if holding .85?
[12:52] {cipher} out INFI .95 +.65
01[12:53] {Threei}  .80 break aggressivem yes
01[12:53] {Threei}  .75, no
[12:53] {Les} if holding .85?
01[12:53] {Threei}  look at the chart, it bounces from the lower envelop without reaching 1:1 on such breaks
01[12:53] {Threei}  right
[12:54] {cc_9} FIO big ass curl + volume
[12:54] {cc_9} DDD out +$0.45, goes higher but don't care.
01[12:54] {Threei}  if .80 break works, then .75 break takes you to .70, enough profit from .80 but not from .75
[12:54] {Les} k
[12:58] {jdetente} CAT does not want to cooperate today in any way
[12:58] {jdetente} full moon
[12:58] {cc_9} DDD, there goes the .50 =)
[13:03] {cipher} JAZZ L.90
[13:06] {cipher} out .20 +.30
[13:07] {cc_9} anyone got a piece of NUGT today ? good lord look @ that ramp
01[13:07] {Threei}  38% Give Obama Positive Marks for Job Creation
[13:08] {cc_9} FIO still pushing
[13:09] {Alexs} I guess mostly people who don't work
01[13:09] {Threei}  *(US) TREASURY'S $24B 10-YEAR NOTE AUCTION DRAWS 1.81%; BID-TO-COVER RATIO: 2.7 V 2.68 PRIOR AND 2.59 AVG OVER THE LAST 3 AUCTIONS- Indirect bidders take 33.9% of competitive bids; 16.9% direct bidders, primary dealers take 49.25% - 94.12% allotted at the high - Median 1.774%, low 1.699%
01[13:09] {Threei}  looks like this pushed GLD
[13:15] {Les} DT GDX .40 /.45?
[13:16] {Les} gone
[13:16] {Les} .47 plutot
[13:18] {cipher} gild l.02
[13:20] {Les} GLD short interesting here
[13:20] {cipher} out GILD .21 +.19
[13:25] {cipher} GILD S .40
[13:26] {cipher} cov .45
[13:26] {cipher} GILD S .43
[13:27] {ese} hmmmm am back
[13:27] {nemo} ffiv interesting spot
[13:27] {Will49} no school ese?
[13:29] {Will49} or is that a colloquialism for being profitable?
[13:31] {cipher} meli l.50
[13:31] {cipher} out .92 +.42
[13:32] {cipher} cov GILD .35 +.08
[13:34] {Les} cover half GLD .51
[13:35] {Les} 2h .40 me out
[13:41] {nemo} can make an argument for dis short break of .90
[13:41] {nemo} R/R is iffy though
[13:46] {Les} ETR covered 1:2 ty DP
[13:46] {dptl} VLO .40 short?
[13:50] {Les} nice inverted c&h vlo
[13:51] {dptl} out half .25
[13:54] {nemo} BIDU important level on daily
01[13:54] {Threei}  so, looks like when I am habing an off day, all I need to do is shut up, and you guys find nice trades
06[13:55] * Threei contemplates retirement
[13:57] {Will49} don't retire until about 10PM
[13:57] {Will49} then you'll be rarin' to go tomorrow morning:)
[13:58] {ese} hey will....yes...i do have classes but i was on the phone to denmark again for the summer......am going now though
[13:58] {nemo} look for FAS bounce in .50-.60 area
[13:58] {ese} cyou al tomorrow
[13:58] {Will49} peace
[13:58] {Les} ciao
[13:58] {nemo} holy shit, something went below vwap...wtf
[13:58] {ese} ciao boys
01[13:59] {Threei}  take care ese
01[14:04] {Threei} Short Setup: C  .10 break
01[14:04] {Threei}  anfd if this one doesn't give us 1:3...
[14:05] {nemo} anf ?
06[14:05] * Threei looks around the room to decide whose keyboard to eat
[14:05] {nemo} vwap at 48.90 which is also R2...want some ketchup with that?
01[14:06] {Threei}  it hasn't even triggered yet
[14:06] {dptl} out a bit more .16 vlo
[14:06] {nemo} might as well be ready
[14:06] {dptl} stop .31
[14:06] {Les} just disinficted mine. it's clean
01[14:06] {Threei}  and don't talk as if VWAPs or Rs never get broken
[14:07] {Alexs} stop .15 on C?
01[14:08] {Threei}  that's too tight
01[14:08] {Threei}  standard, .20
[14:08] {Alexs} k
[14:08] {dptl} to .26 vlo
[14:08] {jdetente} "that's too tight"...there's a joke there somewhere...
[14:08] {jdetente} which I will not make
[14:08] {nemo} yeah...trying to figure out how to make it about Les
01[14:09] {Threei}  please don't
01[14:09] {Threei}  I am still not over that mother's day gift ad
[14:09] {nemo} oh, it's the old "now clap your hands" line
01[14:10] {Threei}  http://www.youtube.com/watch?v=cvMy1xOh6cw
[14:11] {jdetente} if C doesn't work this will be a sad day
[14:12] {nemo} how's the keyboard Vad?
01[14:12] {Threei}  havn't even picked one yet
[14:12] {jdetente} we have 2 cents to choose
[14:12] {nemo} eat the wireless one
[14:12] {patel} u like Wireless keyboards or wired keyboards
01[14:12] {Threei}  I really don't discriminate
[14:13] {nemo} You eat the keys separately?
[14:13] {patel} Which row u start with?
[14:13] {Will49} do i send my keyboard by UPS?
01[14:13] {Threei}  and chew thoroughly
01[14:13] {Threei}  from left upper corner of course
[14:13] {jdetente} what are you going to rinse it down with?
[14:14] {jdetente} when C hits 49 lol
[14:14] {patel} Is hte spacebar your desert?
[14:14] {patel} dessert
[14:14] {nemo} the mouse
01[14:14] {Threei}  numeric pad is dessert
[14:15] {nemo} lyb looks short here
[14:16] {nemo} especially if SPY and FAS test VWAP
[14:18] {nemo} SPY teasing the bears again
[14:24] {nemo} forgot about infi
[14:26] {dptl} all out vlo .93...+.41
01[14:26] {Threei}  see? it's dp and nemo who you should be following today
[14:26] {Will49} congrats
01[14:26] {Threei}  dismissing me like a mop from Titanic
[14:26] {dptl} :)
[14:27] {nemo} refiners are behaving like the used to...sprint higher after the first of the year, and sell off after April
01[14:27] {Threei}  all wrung dry and still uselss
[14:27] {jdetente} 1:1 LYB
[14:27] {nemo} are you talking about Les?
[14:27] {Les} nice one dp
[14:27] {Les} talking about your sex life nemo
[14:27] {nemo} oooooooooohhhhhhhhh
[14:28] {Les} :P
[14:28] {Les} watching IWM flirt with 96 here. maybe long entry to finish
[14:28] {Les} with tna
[14:29] {nemo} careful, I think spy and fas have a date with vwap today
[14:30] {Les} what levels?
[14:30] {nemo} piss off Les
[14:30] {Les} hehehe
[14:31] {Les} .00 for spy and iwm here
01[14:34] {Threei}  crrrrap
01[14:34] {Threei}  .30 vreak CAT, setup that I'd call with no hesitation on any other day
01[14:34] {Threei}  byt today trying to keep activity to minimum, I decided to skip it
01[14:35] {Threei}  Stanley Drunkenmiller: Recent selloff in commodity prices is not a 'correction', but instead the end of a supercycle
[14:36] {RonS} original...people have been saying that for a month...
01[14:37] {Threei}  well, a lot of them still refer to it as correction
01[14:37] {Threei}  especially in PMs
[14:37] {Les} watch the ozzie dollar
[14:37] {nemo} F' it...just watch the charts
[14:38] {Les} break that range been in last 12 months
[14:38] {dptl} lol ..Nemo
[14:38] {Les} seek db TNA
[14:38] {nemo} I find the Les I read or listen to the better
[14:38] {Les} ?
[14:39] {Les} oh ok
[14:39] {nemo} o.k. finnies at VWAP it's SOGOTP time
[14:39] {Les} damn .90 tna was it
[14:39] {thomcbell} i am the same after many years of reading and listening to everything nemo
[14:39] {nemo} you're just at the bottom of the range for iwm at pivot
[14:39] {nemo} I listen to the vodka bottle
01[14:39] {Threei}  it shuld give you second chance Les
01[14:40] {Threei}  watch it for revisiting the low
[14:40] {nemo} I would play fas or spy derivative here, they're running the show today
[14:42] {nemo} vxx popped BIG time
[14:42] {nemo} thought it was awful happy today
[14:42] {Les} .00 if holding .90?
[14:42] {nemo} no longs here for me, vxx something up
01[14:43] {Threei}  tes but watch SPY
[14:43] {nemo} I do...all day
01[14:43] {Threei}  not you... les
[14:43] {nemo} long setup there
[14:44] {Les} oh, I don't watch spy
[14:44] {nemo} what, checking for polyps again?
[14:45] {jdetente} LYB had more in it...too bad stopped on trail
[14:45] {Les} merde
[14:45] {nemo} having lunch are you Les?
[14:46] {Les} potential DT VXX
[14:47] {nemo} ok, important level in SPY and FAS
[14:49] {Les} vxx short term top
[14:53] {dptl} HCP .80 short?
[14:53] {nemo} support at .60
01[14:55] {Threei}  I am not sure... keep .86 stop
01[14:55] {Threei}  risk is small enough
01[14:55] {Threei}  worth a shot for that reason alone
[14:55] {dptl} k
[15:08] {Les} sm. tna entry .01
[15:08] {Les} .95 stop
01[15:09] {Threei} Short Setup: FCX  .35 break
01[15:09] {Threei}  If holds  .40
[15:10] {Les} partial .10
01[15:11] {Threei}  wtg
[15:12] {Les} needs to make 1:2 to make me happy
01[15:13] {Threei}  you are easy to please, aren;t you
01[15:14] {Threei}  Invalidated
[15:17] {Will49} gotta run....see you guys tomorrow
[15:17] {Les} cheers
01[15:17] {Threei}  take care will
[15:18] {Les} 1:2
01[15:18] {Threei}  OCN
01[15:18] {Threei}  dino, cipher
[15:18] {Les} 1:3 my ass is out
01[15:18] {Threei}  getting hyped by Eisman
[15:19] {Les} slowly learning some wu wei
[15:19] {Les} and it pays
01[15:19] {Threei}  it sure does
[15:20] {stevw} son of a ... was looking at possible long entry on TNA when bam!
[15:21] {patel} We in anything.
[15:21] {nemo} [14:48] {nemo} ok, important level in SPY and FAS
01[15:21] {Threei}  no... les just closed TNA at 1:3
[15:21] {Les} disconnected two screens so only price, vol. and bb's until I'm happy with my progress
01[15:21] {Threei} Short Setup: FCX  .45 break
01[15:22] {Threei}  If holds  .50
01[15:22] {Threei}  HCP 1:1 finally
[15:23] {dptl} ye..out half
[15:25] {dptl} let me bid .61 for last part
[15:27] {jdetente} FCX printed .51... still taking this Vad?
01[15:27] {Threei}  yes
01[15:28] {Threei}  I mean at this point it's just about whether keyboard is crunchy or extra-crunchy, tight?
[15:28] {Les} hehehe
[15:29] {Les} bacon and vodka'll fix the flavour
[15:29] {dptl} ye just marinated it over night Vad :)
[15:30] {Les} hmmmm chinese pork rib marinade
[15:31] {RonS} ...fished from the Shanghai river...
[15:31] {backman} FCX still valid
[15:31] {nemo} amazing how we finish at or close to highs every day
[15:32] {nemo} unemployment report should pop us close to 165 tmorrow
01[15:33] {Threei}  yes bman
01[15:33] {Threei}  as long as you don't mind 6 cents stop
[15:33] {nemo} http://bit.ly/144eaB2
01[15:33] {Threei}  I for one just decided to criss-cross this day out of the calendar
01[15:34] {Threei}  and wake up tomorrow saying "huh, how did I go to Thu from Tue"
[15:34] {nemo} vodka
[15:34] {backman} i live for them
[15:34] {dptl} then your Christmas will come earlier Vad
01[15:34] {Threei}  hmmm...
01[15:35] {Threei}  let's just not skip summer :)
01[15:35] {Threei}  a lot of shishkebabs to eat
[15:35] {dptl} mm...
[15:35] {Les} http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2013/04-2/20130507_SPX1.jpg
[15:35] {dptl} ;
[15:35] {dptl} :)
01[15:36] {Threei}  ok FCX
01[15:36] {Threei}  die
01[15:36] {Threei}  just die, no one needs copper anymore
[15:36] {stevw} other than to replace keyboards
01[15:36] {Threei}  it's all wireless now
01[15:37] {Threei}  (US) Treasury Sec Lew: Sequestration program lowers GDP by more than 0.5%
01[15:37] {Threei}  idiot
[15:37] {nemo} that's a crock
[15:38] {dptl} hmm...i got my .61 HCP...thank you unknown seller :)
[15:39] {thomcbell} ddd hehe
[15:40] {stevw} wow!
[15:41] {dptl} when is mothers day? next sunday?
[15:41] {stevw} yes
[15:41] {thomcbell} this sunday
[15:41] {dptl} ok ty
[15:42] {stevw} 12th
01[15:42] {Threei}  paddling, dp, paddling
[15:42] {dptl} :)
01[15:42] {Threei}  http://goo.gl/Ybtl7
[15:43] {dptl} lol
[15:44] {dptl} ok..good night all see ya tomorrow
01[15:44] {Threei}  you too
01[15:45] {Threei}  FCX, you have 10 more min to die
01[15:53] {Threei}  well?
01[15:53] {Threei}  3 cents more?
[15:55] {nemo} here comes the push to get iwm to the highs
[15:56] {nemo} good unemployment number tomorrow, we see 164.20 first then 165
[15:56] {jdetente} DDD taking off
01[15:57] {Threei}  2 min FCX
01[15:57] {Threei}  hurry up
01[15:57] {Threei}  hurry down I mean
[15:58] {Les} coer +.05 ty
01[15:58] {Threei}  OK, whatever... I am taking my 6 cents
[15:58] {jdetente} taking .39
01[15:58] {Threei}  just crunchy
[15:59] {stevw} yeah, settled for it at .39
01[15:59] {Threei}  thank you asll, we will get them tomorrow
[15:59] {Les} cheers
01[15:59] {Threei}  have a good evening
[15:59] {jdetente} must I say it...Nemo saves the day??
[15:59] {stevw} thanks and g'night
[15:59] {backman} note all
[15:59] {jdetente} thanks Vad (and Nemo)
[15:59] {backman} rather, night
01[15:59] {Threei}  :)

Tuesday, May 7, 2013

May 07 2013

Another day in the office - solidly profitable with a few 1:3ers and very few well-controlled stops.



Session Time: Tue May 07 00:00:00 2013
[04:21] {KSystems} s GGCM3 1460.2 stp 1461.5 tgt 1460.2
[04:31] {KSystems} out GGCM3 1458.9 (+1.3)
[05:50] {KSystems} l GCLM3 95.57 stp 95.51 tgt 95.63
[05:56] {KSystems} out GCLM3 95.63 (+0.06)
[06:56] {KSystems} l GCLM3 95.68 stp 95.57 tgt 95.79
[07:06] {KSystems} out GCLM3 95.68 (0)
[07:06] {KSystems} s GCLM3 95.68 stp 95.79 tgt 95.57
[08:44] {KSystems} stopped GCLM3 95.79 (-0.11)
[08:53] {patel} GM
01[08:53] {Threei}  patel :)
[08:58] {stevw} g'mornin
01[08:58] {Threei}  stev :)
[08:59] {stevw} did my post-market reflection and pre-market meditation - no repeating yesterday's recklessness
[09:01] {backman} gm
01[09:01] {Threei}  backman :)
[09:02] {dino} gm
[09:03] {dino} stevw, does that meditation invlove alcohol?
[09:03] {stevw} no such treats were earned by me yesterday
01[09:04] {Threei}  dino :)
[09:09] {Les} morning, ya bunch o' /&%รง3
01[09:10] {Threei}  les :)
[09:12] {backman} yup, missed u 2 Les
[09:13] {Les} vad, going over the OSTK trade yesterday, would you agree that being on the right side of that little pump to .78, with a .65 - .80 setup would have been acceptable after 14:45?
01[09:14] {Threei}  gosh... I don't know
01[09:14] {Threei}  I need to have a trade in front of me, not in yesterday which I remember very vaguely
[09:14] {Les} k
[09:16] {jdetente} good morning all
01[09:17] {Threei}  jd :)
[09:19] {dptl} gm
[09:19] {nemo} debateable
01[09:19] {Threei}  dp :)
[09:19] {Will49} gm
[09:19] {cipher} gm
01[09:19] {Threei}  will, cipher :)
[09:20] {RonS} gm fiat
[09:20] {nemo} I definitely logged in at the wrong time
[09:20] {Will49} don't you like Ron?
01[09:20] {Threei}  ron :)
[09:20] {Les} piss off bunny boy
[09:20] {Les} there, u feel better?
[09:21] {nemo} a bit
[09:21] {nemo} kinda' hard to repair all the damage that quickly
[09:21] {Will49} whoa...off to a roarin' start
[09:21] {stevw} ahhh, feel the love!
[09:21] {Les} curious as to the colour scheme on yer little bunny
[09:21] {Les} this rust colour, or so it looks in the photo
[09:21] {nemo} I sent you a picture
01[09:22] {Threei}  John Paulson's gold fund said to be down 47% YTD and 27% in April
[09:22] {Les} sorta woodland colours your part of the US has right now?
[09:22] {nemo} yeah
[09:22] {Les} sharks circling Paulson et al.
[09:23] {Les} i guess that'd be similar to here. the dry leaves of last autumn drop only late in winter
[09:23] {nemo} in the heavy foliage, they're hidden anyway.  Their coloring lends itself to the fall and winter when the leaves drop
[09:24] {Les} ok, so they're not changing colour in winter?
[09:24] {dino} isn't paulson the guy who shorted mbs and made a billion?
[09:24] {ese} gm
[09:24] {nemo} no, pretty much the same color scheme
[09:24] {Les} yeh thats him
[09:24] {nemo} he made 12 billion I believe
01[09:24] {Threei}  yes dino
01[09:24] {Threei}  ese :)
01[09:24] {Threei}  Eurogroup chief Dijsselbloem commented that EU must not waiver on commitment for sound public finances and that a clear hierarchy was needed for creditor bail-in.
01[09:25] {Threei}  oh, so it's not "one time event, and not a template" anymore?
[09:25] {nemo} finnies popped again today, must be more news coming out
01[09:26] {Threei}  GDX... wait for us
[09:28] {Alexs} gm
01[09:28] {Threei}  alex :)
01[09:30] {Threei} Short Setup: GDX  .10 break
01[09:30] {Threei}  If holds  .20
[09:31] {thomcbell} long setup gnw 10.80 break
[09:31] {thomcbell} if holding 10.76
01[09:32] {Threei}  let's trail to .16
[09:32] {thomcbell} ddd - hehe
[09:32] {nemo} wow
[09:32] {nemo} wtf
[09:32] {nemo} didn't they have good results?
01[09:32] {Threei}  out
[09:33] {thomcbell} gnw trying to break out in daily time frame
[09:33] {thomcbell} gnw 1:1
[09:34] {thomcbell} long setup mov 30.05 break if holding 29.95
[09:37] {cipher} amba l .99
01[09:37] {Threei} Short Setup: SLW  .90 break
01[09:37] {Threei}  If holds  .95
[09:38] {thomcbell} mov 1:1 for a mini second
[09:38] {jdetente} got bumped from the board. what was the call Vad?
01[09:38] {Threei}  1:1
01[09:38] {Threei}  SLW, jd
[09:38] {jdetente} nevermind ha
[09:40] {cipher} infi l.79
01[09:40] {Threei} Long Setup:  C  .10 break
01[09:41] {Threei}  If holds  .05
01[09:41] {Threei}  Invalidated
[09:42] {thomcbell} mov stopped
[09:43] {cipher} out infi .86 +.07
01[09:43] {Threei} Short Setup: GDX  .20 break
01[09:43] {Threei}  If holds  .25
[09:43] {cipher} infi l .31
[09:44] {dino} rkus sm l .70, stop .48
[09:45] {thomcbell} gnw stop to 10.84 on balance
[09:47] {dino} line sm l .01 stop lod
[09:48] {thomcbell} flat gnw
[09:49] {dino} rkus stop
01[09:49] {Threei}  1:1
[09:51] {cipher} soda l .34
01[09:51] {Threei}  SODA Weakness attributed to vague chatter Einhorn could reveal it as one of his short ideas at Ira Sohn conf tomorrow
[09:55] {backman} jpm heading back to morning lows
01[09:57] {Threei}  1:2
[09:58] {RonS} sm l bbry .02
01[09:58] {Threei} Short Setup: CAT  .90 break hl
01[09:58] {Threei}  If holds  89
[09:59] {nemo} I have it going to 89.60 area
01[09:59] {Threei}  change to 89 break
01[09:59] {Threei}  *(US) MAY IBD/TIPP ECONOMIC OPTIMISM: 45.1 V 47.5E
01[09:59] {Threei}  Invalidated
[10:00] {nemo} bfd
[10:00] {nemo} we're going up
[10:00] {thomcbell} chuy getting smoked
01[10:00] {Threei}  depends on the market nemo... in bear one this would be end of the worls... in bull one no one blinks'
01[10:01] {Threei} Short Setup: CAT  89 break hl
01[10:01] {Threei}  If holds  .10
[10:01] {ese} gnrc looks like a good one dino
[10:02] {Les} CAT qualify as DT?
[10:03] {nemo} huh?
01[10:03] {Threei}  GDX 1:3, out
[10:03] {Les} cover GDX .91 ty
[10:03] {dptl} out last gdx .91 ty
[10:03] {nemo} you got the DTs perhaps, that's about it
[10:03] {dino} thx
[10:03] {Les} why I ask, those 2 candles, does that qualify as DT?
01[10:04] {Threei}  nah
[10:04] {Les} k
[10:04] {dino} gnrc offering 9 m sh
[10:05] {thomcbell} seemingly endless original investors like kors
[10:05] {dino} chuy sm l .09
[10:06] {jdetente} out last piece GDX 1:4. Thanks Vad
01[10:06] {Threei}  wow GDX had more in it
01[10:06] {Threei}  wtg
[10:07] {Will49} tks Vad..both SLW and GDX trades great
01[10:07] {Threei}  yw
[10:07] {jdetente} now CAT just needs to be hit over head with 2x4
01[10:07] {Threei}  SPY drops
01[10:08] {Threei}  CAT holds... barely, but
[10:08] {dino} tbell, ty chuy out .54, +.45
01[10:09] {Threei}  1:1
[10:09] {jdetente} there we go kitty
[10:09] {thomcbell} great dino
01[10:12] {Threei}  what the deuce
01[10:12] {Threei}  1:2
01[10:12] {Threei}  but what's with SPY
[10:13] {Les} banksters were suggesting a distribution day at open. might get it yet
01[10:14] {Threei}  1:3, out
[10:14] {Will49} tks Vad...super start
01[10:14] {Threei}  :)
01[10:15] {Threei}  too soon again
[10:15] {Will49} greedy, greedy :)
[10:15] {jdetente} thanks Vad
[10:15] {thomcbell} ur doing just fine Vad
01[10:15] {Threei}  lol tbell
01[10:15] {Threei}  thanks for the pep talk
[10:16] {nemo} iwm spy fas looking for long setups here
[10:16] {Will49} just trying to keep your wild russian emotions in check Vad :)
01[10:16] {Threei}  lol
[10:16] {dptl} MDLZ .35 long?
[10:16] {backman} this was the day i decided to just take 1:1, just to get green...sigh
[10:17] {thomcbell} ddd - wow
01[10:18] {Threei}  too slow and narrow, MDLZ
[10:18] {thomcbell} think they report tonight
[10:18] {thomcbell} mdlz
[10:19] {Les} JPM .30 short?
[10:19] {patel} out of CAT at .45
[10:19] {patel} thanks VAD
01[10:19] {Threei}  wow
06[10:19] * Threei slaps patel around a bit with a large roll of cash
[10:19] {Will49} way to hang in there Patel
01[10:19] {Threei}  can't tell JPM
[10:20] {thomcbell} we thrusted down to pivot here - im staying away from entries
[10:21] {dino} athn sm l .70
[10:22] {Will49} brass balls dino:)
[10:22] {Will49} that;s a term of endearment
[10:23] {dino} out athn .99, +.29
[10:23] {dino} set-up was there, market was turning
[10:24] {Will49} no explanation needed
[10:24] {dino} as cipher says, if its there you must take it
[10:24] {Will49} I'm just impressed
[10:24] {dino} don't be will. just doing my job
[10:24] {cc_9} FSLR curling
[10:25] {Will49} in my next life , I want to be you dino
[10:25] {Will49} this life, I'm trying to be Vad
[10:25] {dino} grass is alwats greener
[10:25] {dino} always
[10:25] {Will49} i guess
01[10:25] {Threei}  Always be yourself. Unless you can be Batman. Then always be Batman.
[10:26] {Will49} :)
[10:26] {dino} good point vad
01[10:26] {Threei}  :)
[10:26] {backman} oh, Robin...i love it when u talk that way
01[10:26] {Threei}  lol
[10:26] {nemo} fslr
[10:26] {backman} CAT back
[10:27] {cc_9} FSLR stepping
[10:27] {dino} sm l .29 fslr
[10:27] {cc_9} FSLR breakout is 43.60
[10:28] {nemo} look to reshort around 44
[10:28] {dptl} LOW .20 short?
[10:29] {cc_9} vol picking up on 2min chart FSLR
[10:29] {cc_9} all eyes on .60
01[10:29] {Threei}  no LOW
01[10:29] {Threei}  hmmm CAT
01[10:29] {Threei}  is it a second entry, just like first?
01[10:30] {Threei} Short Setup: CAT  89 break hl
01[10:30] {Threei}  If holds  .10
[10:30] {dino} dont like the ause
[10:30] {dino} pause
[10:30] {cc_9} stocktwits was all short FSLR, now all long lol
[10:31] {cc_9} .60 FSLR, there goes the first wall
[10:31] {dino} out fslr .59, +.30, ty nemo/cc9
[10:32] {cc_9} good exit dino, lets see if b/o .60 for another play to 44
01[10:34] {Threei}  CAT's two-sided
[10:34] {nemo} must be female
[10:34] {nemo} cnx a short here
[10:34] {nemo} stop .25
[10:35] {dino} cvlt hell of pullback on huge beat
[10:35] {ese} L ddd .05
[10:38] {ese} out ddd .25 +.20
[10:39] {nemo} cnx
[10:39] {nemo} sorry
[10:40] {dino} gj ese
[10:41] {ese} tks
01[10:41] {Threei}  the way CAT shapes up, if it works it should be another 1:3er
[10:42] {Will49} long?
01[10:42] {Threei}  yeah
[10:42] {Will49} tks
[10:42] {cc_9} DDD extended run from LOD, worth keeping an eye on.
[10:42] {nemo} Vad's got 3
[10:42] {cc_9} nvm, i see some DDDs posted up there
[10:42] {thomcbell} dddgetting all the way back to pivot here 42.56
[10:42] {thomcbell} chuy holy chower bounce
01[10:43] {Threei}  I duct tape over 2 of them nemo
01[10:43] {Threei}  don't want to see all the sorrows of the world
[10:43] {nemo} get the frickin' two part epoxy
[10:43] {nemo} no...I want to inflict the sorrows
[10:44] {nemo} was that over the top?
01[10:45] {Threei}  .20 break shoould catapult it
[10:45] {cc_9} the 43.60 wall on FSLR worked like a charm. Candle closed below.
[10:45] {Les} stop to trigger, as it has touched 1:1?
[10:46] {Les} half out
01[10:46] {Threei}  1:1
01[10:46] {Threei}  and yes, trail now
[10:48] {cc_9} FSLR another go
[10:49] {dino} cvlt sm l .00
[10:50] {nemo} cnx again here
[10:50] {nemo} sorry a tad late
[10:51] {dino} well that sucked
[10:51] {nemo} KY dino?
[10:51] {dino} yeah
01[10:52] {Threei}  ok... just a scalp
[10:53] {dino} axll drop
[10:55] {Les} FDX closing in on morning highs nice consolidation
[10:55] {dino} cvlt gap fill
[10:56] {dino} sm l .30
[10:57] {dino} out cvlt .64, +.34
[10:58] {dino} amri sm l .10
[11:01] {dptl} GILD .60 short?
[11:01] {cc_9} Poor John Paulson, worst fund on wallstreet
[11:01] {nemo} NOW
01[11:01] {Threei}  sic transit gloria mundi
[11:01] {nemo} tempest fugit
[11:01] {Les} glory is fleeting?
01[11:02] {Threei}  a bit late GILD
[11:02] {Les} ...without checking google
[11:02] {cc_9} He should have called it a career on the housing bet, he has been losing year on year after that
01[11:02] {Threei}  but I wouldn't be too jazzed about it anyway
[11:02] {nemo} frickin' one hit wonder
[11:03] {Les} ah mundi, monde en francais, the world
[11:03] {cc_9} fund heavy on gold, ETF that is
[11:04] {Les} remember rumours of sharks after paulson at least a year ago
[11:04] {Les} didn't get the hint
01[11:04] {Threei}  9:22] {Threei} John Paulson's gold fund said to be down 47% YTD and 27% in April
[11:04] {cc_9} Dino, see that .60 on FSLR, resistance trendline working once again. In case you were still watching
[11:04] {Les} now wall street eats each other
01[11:04] {Threei}  he did it to himself, what can sharks do to you if your positions are aligned with market
[11:05] {Les} true
01[11:05] {Threei}  and what is new about wall street?
[11:05] {dino} thx cc8
01[11:05] {Threei}  you think they were ever all friends?
[11:05] {cc_9} hey, im cc9!
01[11:05] {Threei}  each trades for himself
[11:05] {RonS} lol   was looking for the 8 guy...
[11:06] {dino} wall street always eats each other, zero sum game
01[11:06] {Threei}  don't buy these strange stories about wall street conspiring against the world
01[11:06] {Threei}  read Livermore again,
01[11:06] {Threei}  weren't they all always trading against each other and the rest of the world?
[11:06] {nemo} 0 of 9 at it again?
01[11:07] {Threei}  and more importantly: isn't it just how it should be?
[11:07] {cc_9} so what you are telling me Vad is that the world is not ran by reptilians from Titan and that I should trust CNN
[11:07] {dino} they smell blood
01[11:07] {Threei}  well, not exactly cc9... we, reptilians from Titan do run the world
01[11:07] {Threei}  the rest is bs
[11:07] {nemo} no, everybody knows the world is controlled by the masters in Shambala
[11:07] {dino} cc9, more like the borg running things
01[11:08] {Threei}  so, what is so wrong about it?
[11:08] {nemo} for 7 of 9, Borg o.k.
01[11:08] {Threei}  it's almost like people believe that in the ideal world, all trading atities should hold each other hands, sing kumbaya and profit all together
01[11:09] {Threei}  everyine is profitable, no one ever loses money
01[11:09] {Threei}  and is someone does, it's a proof of someone's wrongsdoing
01[11:09] {Threei}  evil intent
[11:09] {cc_9} All praise the great Yakub
[11:09] {Les} true enough. better working in competition than in collusion. too what extent one or the other... {shrug}
[11:09] {Les} http://tinyurl.com/c7tjppa
[11:09] {Les} end of facebook for me
[11:10] {jdetente} CAT finaly broke .20...too bad didn't hold our trail earlier.
[11:10] {RonS} broker quote:  winner wins, loser loses, broker always wins...2 out of 3 ain't bad
01[11:10] {Threei}  hehe
01[11:10] {Threei}  where are the customers yachts
[11:11] {jdetente} customers are underneath yachts hehe
[11:12] {Les} working the decks
[11:12] {jdetente} scraping off the barnacles
01[11:14] {Threei}  and trying to feree their feet from cement
[11:14] {dino} bsft drop
[11:14] {cc_9} FSLR either is being ran by algos and will stay sideways till the close, or we see some new momo as its flirting right below its resistance line (.60)
[11:17] {backman} CAt...short on brk of 89?
01[11:17] {Threei}  89?
[11:17] {backman} or 89.09
01[11:17] {Threei}  it's far away from there
[11:18] {KSystems} l GCLM3 95.44 stp 95.22 tgt 95.66
01[11:18] {Threei}  no, dropped too hard in that support
[11:18] {dptl} GMCR .50 short?
[11:18] {backman} kk
01[11:19] {Threei}  GMCR yes but hl
[11:21] {KSystems} s 6EM3 130.90 stp 130.97 tgt 130.83
01[11:27] {Threei}  1:1 GMCR
[11:30] {KSystems} out 6EM3 130.83 (+0.07)
01[11:30] {Threei}  hmmm... it seems we are doing good job keeping island population down:
01[11:30] {Threei}  About 60 people are waiting outside the new Target at Tillicum Mall
01[11:31] {Threei}  60 people for the grand opening
[11:31] {Les} woohoo target
[11:31] {Les} remember them from Oz nothing flash
01[11:31] {Threei}  Target CEO: we opened new store for THIS?? )last words before hanging himself)
[11:32] {Les} what is island population?
01[11:32] {Threei}  about 300K I think
[11:32] {Will49} and Tillicum Mall was a good for this level of store....not ggod news
[11:32] {Will49} Greater Victoria is about 300K
01[11:33] {Threei}  right
01[11:33] {Threei}  island as a whole about 750K
[11:33] {Will49} whole Island about 750K...as I recall
[11:33] {Will49} right on Vad
[11:33] {Les} 10% of swiss population
[11:33] {stevw} 100K government workers, 600K retirees, and the rest work
[11:34] {Will49} known as the place for the newly wed and the nearly dead
01[11:34] {Threei}  I am so out of place... I am neither
01[11:34] {Threei}  asked wife whether she minds if get newly married
[11:35] {Will49} closer to the latter than the former
01[11:35] {Threei}  she just showed me a frying pan... no idea what it meant
[11:35] {Will49} eggs for breakfast
01[11:35] {Threei}  ah
[11:35] {dptl} CLF .35 short?
[11:35] {patel} means u getting some BACON
01[11:36] {Threei}  cool then
01[11:36] {Threei}  nah CLF
[11:36] {Will49} since we're into trivial pursuit
[11:36] {Will49} what city in NA has the most restaurants per capita
[11:37] {Will49} you're right....Victoria BC
01[11:38] {Threei}  Winnipeg strongly objects
[11:38] {Will49} really?
[11:38] {Will49} the old joke
[11:39] {Will49} two guys chat in bar
[11:39] {Will49} one says. Winnipeg? there's only whores and hockey players there
[11:39] {Will49} bystander walks over says
[11:39] {Will49} hey my wife is from winnipeg
[11:40] {Will49} other guy...what team does she play for?
[11:40] {Les} potential DB gmcr
01[11:40] {Threei}  lol
[11:40] {jdetente} haha
01[11:40] {Threei}  as of 2006: 1st place SF, 2nd Winnipeg, 3rd Victoria
[11:40] {Will49} ok ok.....busted by google
01[11:42] {Threei}  but Winnipeg claims first place, trying to fight SF
[11:42] {Les} slw short .35?
01[11:42] {Threei}  yes
01[11:42] {Threei}  I like it
01[11:43] {Threei}  SLW, not Winnipeg
01[11:43] {Threei}  (just want to make sure)
[11:44] {KSystems} out GCLM3 95.66 (+0.22)
[11:46] {dino} cvlt sm l .01 wide, gappy
[11:46] {thomcbell} aig dead for sale today
[11:47] {ese} l iqnt .46
[11:47] {thomcbell} nice 10 dollar pullback in cvlt
[11:48] {ese} 10 dollar pullback.....that ain't civilt......
01[11:48] {Threei}  lol
[11:48] {Will49} good one ese
[11:49] {ese} thank you!!!!    "thank you very much"......
[11:49] {Will49} yw Elvis
[11:49] {Will49} or was that Ed Sullivan?
[11:49] {ese} was cool seeing graceland for sure.......for all the money he had.....it wasn't extravagant
[11:50] {Will49} are the surroundings still tacky?
[11:50] {Will49} was there 20 years ago
[11:50] {ese} 70's for sure
[11:51] {ese} enough shag to cover a jungle
[11:51] {Will49} haha
[11:51] {ese} speaking of that....the jungle room was cool.....who'd a thunk it
[11:52] {RonS} don't say that to Austin Powers...
[11:52] {Les} should have checked GLD first...
[11:53] {thomcbell} short setup ddd - 42.23 brak if holding 42.35
[11:53] {Will49} SLW was a DB then
01[11:54] {Threei}  hmm?
[11:54] {Will49} should have put a ? at end of statement
01[11:54] {Threei}  ok... no :)
[11:58] {dptl} SNDK .40 short?
01[11:59] {Threei}  yes as a chart
[12:00] {Les} GLD vol. spike
[12:01] {Will49} i like winnipeg better than SLW
01[12:01] {Threei}  that says a lot
[12:01] {Will49} and i hate winnipeg
[12:01] {jdetente} ouch
[12:02] {jdetente} apologize to SLW
[12:02] {Will49} :(
[12:02] {Will49} ill hangs head in shame
[12:02] {Will49} Will
[12:03] {Les} someone just printed .23 on GLD for 2000
[12:03] {Les} what is that, 2 million shares? or 200k?
[12:03] {dino} amri to .41
[12:03] {Will49} save my seat...be back after a s/s/s/s
[12:08] {thomcbell} ddd stopped
[12:12] {dino} out amri +.31
[12:14] {RonS} lol...I asked my wife what women really want & she said attentive lovers. Or maybe it was a tent of lovers. I wasn't really listening @jeffmacke
01[12:15] {Threei}  lol
01[12:15] {Threei}  SNDK worked nicely
[12:15] {dptl} still in half
[12:17] {dptl} well, my half :)
01[12:18] {Threei}  I was just going to claim that half...
[12:19] {dptl} :)
[12:19] {dptl} out
[12:22] {cc_9} FSLR espece de pute, move
[12:29] {dptl} ANF .70 short?
01[12:30] {Threei}  no read
[12:30] {nemo} think it bounces before .50
[12:30] {cc_9} FSLR 15 min looking ripe
[12:31] {nemo} short or long 9er
01[12:32] {Threei}  sheesh... things you see walking the breakwater in Victoria: http://www.vicnews.com/news/206432181.html
[12:34] {Will49} C and I were out there on Sunday but didn't see the dust-up.
[12:35] {dino} cab spike
[12:35] {Will49} new railings are quite nice and now wheelchairs and scotters can be accomodated.
01[12:35] {Threei}  yup
[12:35] {Will49} Much safer feeling when walking out there
01[12:36] {Threei}  I am amazed it was allowed to exist without rails for so long
[12:36] {Will49} So, i guess i better forget nudging wife over side
01[12:36] {Threei}  piers twice as wide would never be built without rails anywhere, ever
[12:36] {Will49} i;d have to lift her 3 feet and toss her over rail
[12:36] {Will49} too obvious
01[12:36] {Threei}  that might make some suspicious
[12:37] {Les} beautiful evening light on flowers. tulips are translucent. gorgeous
[12:37] {Will49} that's the sun setting on the EU
01[12:37] {Threei}  lol
[12:37] {Les} hehe
01[12:38] {Threei}  wow
[12:39] {KSystems} nah
01[12:39] {Threei}  SPY is losing its cool
[12:39] {KSystems} its rainy all over
[12:39] {KSystems} warm at least
[12:39] {KSystems} but rain
01[12:39] {Threei}  KS, will you guys ever put an end to this misery called EU?
01[12:39] {Threei}  get Les to help
[12:40] {KSystems} if you consider EU being there for entertainment purposes, it does an excellent job
[12:40] {Les} french will take care of everything
[12:40] {KSystems} i agree Les
[12:40] {Les} K will eventually be forced to invade it again
[12:40] {KSystems} i guess there wont be anyone there when i come
[12:41] {KSystems} theyll all be in russia
[12:41] {Les} bah break it up and let's get back to old Europe I enjoyed
[12:43] {KSystems} going to hunt something down for lunch. bbs
01[12:44] {Threei}  roadkill?
01[12:45] {Threei}  "Nothing ruins a Friday like realizing it's only Tuesday"
[12:45] {KSystems} checked already, not enough insects
01[12:45] {Threei}  lol
[12:55] {Les} CAT held 89 might push higher here
[12:59] {dino} amri l .85
[13:01] {Les} NKE interesting spot
[13:05] {Les} ooh ye back to lod for NKE
01[13:07] {Threei} Long Setup:  C  48 break
01[13:07] {Threei}  If holds  .95
[13:18] {backman} AIG on break above .35?
01[13:20] {Threei}  I think so
01[13:21] {Threei} Short Setup: GDX  .70 break
[13:22] {dptl} big offers c.05
01[13:23] {Threei}  ya think?
[13:23] {dptl} gone
01[13:23] {Threei}  forget AIG
[13:24] {backman} tu
01[13:28] {Threei}  there is a long statement by ECB, but I stopped reading after fist lime:
01[13:28] {Threei}  (EU) ECB's Asmussen: there is no crisis of the Euro
[13:31] {dino} of course
01[13:32] {Threei}  this reminds me:
01[13:32] {Threei}  last 10 min of Titanic, janitors had a hard time keeping decks dry
[13:32] {Les} huh?
01[13:33] {Threei}  which part Les?
[13:33] {Les} :P
[13:33] {Les} janitor joke ain't bad
01[13:33] {Threei}  it sounds better in russian but I can't find the good way to translate it directly
01[13:35] {Threei}  what's the english for the movement when you twist the whiping cloth to get the water out and have it dry again for further mopping?
[13:35] {stevw} wring it dry
[13:35] {Les} hmmm
01[13:35] {Threei}  ahha
01[13:35] {Threei}  so the opriginal would sound like:
01[13:36] {Threei}  Last 10 minutes of Titanic, janitors couldn't keep up wringing mopping clothes dry
01[13:36] {Threei}  or something like that
[13:36] {Les} couldn't wring the mops fast enough... yeh that sounds good
01[13:37] {Threei}  half out C
01[13:38] {Threei}  it would be so much easier jokes wise if you guys learned Russian...
01[13:38] {Threei}  too many of them are just impossible to translate
[13:38] {dino} learn russian? whats next, learn how to trade/
01[13:39] {Threei}  one in particular haunts me for years, haven't met anyone who would find the good way to say it in English
01[13:39] {Threei}  yeah dino, I retract that... what was I thinking
01[13:39] {Threei}  good boy C
[13:39] {Les} cultural tradition of jokes in Russia, or particular to soviet times?
01[13:40] {Threei}  well, I haven't lived in tsarist Russia... so, Soviet :)
[13:40] {KSystems} Question to Armjanskoje radio: Could the Chernobyl catastrophe have been avoided?
[13:41] {Les} hmmm, just thinking of secret police breathing down people's neck. Do jokes or humour arise as counterbalance to such...
01[13:41] {Threei}  in a way, yes
01[13:41] {Threei}  got the punch line too, KS?? :)
[13:42] {KSystems} -in a way yes, if Sweden wouldnt have told everybody
01[13:42] {Threei}  lol
[13:43] {backman} .10 stop on GDX?
01[13:43] {Threei}  for now, yes
[13:44] {KSystems} one more... Question to Armjanskoje radio: Is it possible to drive 75mph in a russian car on russian streets?
[13:45] {KSystems} In a way, yes, but only once
01[13:45] {Threei}  answer: just once?
01[13:45] {Threei}  :)
[13:45] {KSystems} :D
[13:46] {RonS} isn't that's why they call it russian?
[13:46] {Will49} lol
01[13:47] {Threei}  my first car, Ron, only different color:
01[13:47] {Threei}  http://cars-database.com/data_images/gallery/03/lada-2110/lada-2110-06.jpg
01[13:49] {Threei}  and this one they called the quietest car in the world: http://goo.gl/ZY9fT
01[13:49] {Threei}  reason: when you sit in it, your knees cover your ears
[13:49] {Les} lol
[13:49] {Will49} lol
[13:50] {dptl} gdx triggerd?
01[13:50] {Threei}  yes
01[13:51] {Threei}  C 1:2
[13:55] {KSystems} and your current car? :)
[13:55] {jdetente} see ya gdx
01[13:55] {Threei}  no go GDX
01[13:56] {Threei}  http://goo.gl/vCsgg
[13:56] {RonS} daughter had 2nd baby girl...9.5lb fortunately C section...fattest newbie ever seen...shoulda named her Buddha
01[13:56] {Threei}  lol
01[13:57] {Threei}  congratulations Ron
[13:57] {Will49} yeah Ron congrats
[13:57] {Les} congrats. 4kg is decent bub
[13:58] {RonS} 1st one 20 months...already sings her abc's...daughter taught high school Harlem so good teacher...
[14:00] {patel} Congrats..
[14:02] {RonS} get this...my dad in CA comments all his doctors are foreign born...Chinese, Pakistani, Indian...daughter in Shanghai doc is white guy from NYC
01[14:02] {Threei}  what irony
01[14:03] {Threei}  lol, this is probably a typo, but very appropriate:
01[14:03] {Threei}  ECB's Asmussen: Reiterates the ECB is prepared to act against if necessary
[14:03] {Les} think they've done that well enough already
01[14:03] {Threei}  yeah, below in text it says "agaiin"
01[14:04] {Threei}  but I really like "against," with no indication against what
01[14:04] {Threei}  just against
[14:05] {dino} congrats ron
[14:05] {RonS} ty all
[14:07] {RonS} OPEN pop
01[14:14] {Threei}  Chess is a very dangerous sport. You can fall asleep and hit the queen with your eye.
[14:15] {stevw} TNA attracting interest as it gets past hod
[14:17] {dino} t-n-a always attracts interest
[14:17] {stevw} lol
[14:17] {nemo} old joke
[14:18] {Will49} yehaw
01[14:18] {Threei}  enlighten a foreigner?
[14:19] {nemo}  T & A
[14:19] {Les} ?
[14:19] {Will49} watermelons
[14:19] {Les} oh
[14:19] {dino} just google it
01[14:19] {Threei}  whew... OK, got it
[14:20] {Les} yeh right
[14:20] {nemo} oh jeez
01[14:20] {Threei}  second in definition of acronyms and abbreviations, right after Time & Attendance. T&A {G}
[14:21] {stevw} how many google pages would you have to go through before t&a got you to time & attendance?!?
01[14:21] {Threei}  there is very little probablity that dino meant Telegraph and Argus (UK newspaper)
01[14:22] {Threei}  well, it really is a first in thw free dictionary, stev, believe it or not :)
01[14:22] {Threei}  http://acronyms.thefreedictionary.com/T%26A
[14:23] {stevw} well, I'll be darned - such a wholesome reference body!
[14:23] {jdetente} what about the urban dictionary?? hehe
[14:23] {dino} lol
01[14:24] {Threei}  here is the safe bet:
[14:24] {jdetente} definition number 4 in urban dictionary:
[14:24] {jdetente} Meaning Toes & Ankles. A term used by male expatriates working in Afghanistan to express the sexual frustration by being surrounded only by women wearing burkas.
[14:24] {jdetente} Damn Mike, There sure was alot of T&A at that flour mill I visited yesterday...
01[14:24] {Threei}  this room is the only place on earth that managed to get so much fun out of symbol of small stocks leveraged ETF
[14:25] {Les} can't even keep trading clean
[14:25] {Les} guess i been married too long
[14:26] {dptl} man...even Les married
[14:27] {dptl} got to go...see ya tomorrow all
[14:27] {Les} ya think the swiss would allow me to remain in their beautiful country without justifiable cause?
[14:27] {Les} ciao dp
01[14:27] {Threei}  take care dp
[14:28] {Will49} be good
[14:30] {KSystems} s GCLM3 95.62 stp 95.79 tgt 95.45
[14:30] {Les} FCX behaving strangely here at .50 support
[14:30] {dino} pcrx drop
[14:31] {dino} sm l .17
[14:32] {Les} cup and handle GDX
[14:43] {dino} motherf#%er, hard stop slip pcrx from .59 to .33
[14:46] {dino} ocls drop
[14:54] {RonS} he be Superman:  President Obama vows action after top officer for assault prevention arrested on sexual battery charges
[14:55] {dino} he's such an idiot. like there aren't rules, laws, and penalties already set
01[14:55] {Threei}  sounds about right
01[14:55] {Threei}  whatever I guard is mine
[14:55] {nemo} it's like gun laws, they have them and never enforce them, so they make more
[14:55] {RonS} couldn't be found during Benghazi fiasco...
[14:56] {nemo} Hey Ron...we got another bunny
[14:56] {backman} sounds like top officer was getting plenty of action
[14:56] {Will49} top officer=officer on top
[14:56] {RonS} bragging or bitchin?
[14:57] {nemo} depends on if it's chewing or pissing on something importantn
[14:57] {Will49} bitchin
[14:57] {RonS} lol
[14:57] {stevw} how many people did he have under him?
[14:58] {Will49} lol
[14:58] {stevw} hey, somebody has to be the straight man
[14:58] {dino} "get some"
[14:59] {nemo} tsla might be a short here
01[14:59] {Threei}  wow
01[14:59] {Threei}  C... I forgot I had last piece, lol
[14:59] {jdetente} hey looky here C at 1:3
01[15:00] {Threei}  out
[15:00] {nemo} there's a joke in there somewhere
[15:00] {stevw} involving the assault prevention officer?
[15:01] {nemo} that sucked
[15:01] {nemo} see Ron:  http://twitpic.com/corkj3
[15:03] {RonS} pls put on regular twitter...could not pull it up here...
[15:03] {nemo} mhhhhh, weird
[15:04] {nemo} http://twitpic.com/corkj3
[15:04] {nemo} nope
[15:04] {nemo} http://t.co/sYvtRlqXXn
03[15:04] * Retrieving #discussions modes...
[15:06] {nemo} mmmhhh, tsla could be long, and what's scary, although one wouldn't think there is enough time left, it could run to 59
[15:07] {RonS} tsla 40% float short makes it a problematic short...
[15:07] {nemo} it's been following short trades nicely today
[15:08] {nemo} from the short call it dropped then failed a bull flag
[15:08] {RonS} no shares to borrow here anyway...
[15:09] {nemo} yeah
[15:09] {RonS} that bunny is cute...hate to say it
[15:09] {nemo} yeah, they're all cute
[15:10] {nemo} Bunny didn't know what to make of it, especially when it tried to nurse....that was funny
[15:20] {Les} OSTK's squeeze may be coming to an end
01[15:21] {Threei} Short Setup: CAT  .60 break hl
01[15:21] {Threei}  If holds  .65
[15:24] {nemo} sheesh, now high ticker ripping
[15:26] {backman} CAT...move entry up .10?
01[15:26] {Threei}  no, no aetup yet'
01[15:26] {Threei}  setup
[15:26] {nemo} this high likely tests the whole
01[15:26] {Threei}  but watching
[15:26] {backman} k
[15:27] {nemo} http://twitpic.com/cozjbm
[15:27] {jdetente} I remember seeing a report on these companies Nemo
01[15:28] {Threei}  now, yes, .70 break short if holds .75
01[15:29] {Threei}  I fainted upon reading an e-mail I just got
01[15:29] {Threei}  To whom it may concern at Realitytrader,
01[15:29] {Threei}  I stopped by for a few minutes to read your trading log, and couldn't help but notice great inefficiency in yor trading approach. Thought I'd point it out and help you and your customers save some coin. When a stock trades at .15 and you call a buy for when it breaks .20, you can buy it RIGHT HERE RIGHT NOW and have 5 cents better entry price.
[15:30] {jdetente} Lol!
01[15:30] {Threei}  someone shoot me now
01[15:30] {Threei}  how the deuce haven';t I thought of it
[15:30] {nemo} wish I were closer
01[15:31] {Threei}  dear sender, in hope you stop by for a few more min and read this: you may want to spend a few more minutes to learn what drives our entries
[15:31] {backman} is stop on CAT .75? or .10
01[15:31] {Threei}  .76
[15:32] {nemo} he must be talking about Les
01[15:32] {Threei}  [15:28] {Threei} now, yes, .70 break short if holds .75
[15:32] {Les} I like this guy
[15:32] {Les} I'm guessing he's a goldbug
[15:33] {nemo} douchebag
01[15:33] {Threei}  now now nemo... a man tries tosave you "some coin"
[15:34] {nemo} I usually those who make that claim are actually attempting the opposite
[15:34] {Les} I swear u make up some of this crap Vad
01[15:34] {Threei}  this I couldn;t make uo if I wanted
[15:35] {jdetente} send him an email back telling him to read this part of the trading log
01[15:35] {Threei}  this just wouldn't enter my mind, lol
[15:35] {Les} I'm a dummy, but couldn't dream up such an argument
[15:35] {nemo} wish you were a crash test dummy
01[15:35] {Threei}  normally I get two kinds of stupid e-mails
[15:35] {Les} been there done that wore a parachute
[15:36] {nemo} those from Les, and...
01[15:36] {Threei}  one is when I say something that is perceived as anti-gold
[15:36] {Les} :)
01[15:36] {Threei}  lol
01[15:37] {Threei}  another is from those who think I need to go out of my way to convince them to join the room, usually either demanding steep discounts (not asking, demanding),
01[15:37] {Threei}  or demanding a proof in a form of my personal trading statements for the last X years
[15:37] {nemo} tell them RTFL!!!
01[15:38] {Threei}  that's what I do
01[15:38] {Threei}  if I bother answering at all
01[15:38] {Threei}  then there are those who say "there is no tape reading in your TTR book"
[15:38] {nemo} Where else on the web can you get great trade calls and such a high level of sophisticates insults
01[15:39] {Threei}  I just send them a link
01[15:40] {Threei}  http://blog.realitytrader.com/2007/11/whats-in-name-or-what-is-tape-reading.html rather
[15:45] {patel} http://www.cnn.com/2013/05/07/us/ohio-cleveland-ramsey/index.html?hpt=hp_t1
01[15:47] {Threei}  unbelieavable sotry
[15:48] {patel} u listen tot eh 911 call
01[15:48] {Threei}  yes
[15:48] {patel} have u seen his interview
[15:49] {KSystems} out GCLM3 95.45 (+0.17)
[15:49] {KSystems} :-)
01[15:50] {Threei}  no go CAT
[15:52] {Les} game over. c u's tomorrow
01[15:52] {Threei}  thank you all, have a good evening
[15:52] {Will49} OK guys, take the rest of the day off:)
01[15:52] {Threei}  see you tomorrow
[15:53] {Will49} peace
[15:53] {backman} night
[15:53] {Will49} decent day, all-round Vad
01[15:54] {Threei}  :)
[15:57] {patel} take care all