Sept 24 2013

Beautiful trading day, with 3 1:3 trades (GLD and two MCD, which gave us new joke about taking hamburgers from babies thus saving them from obesity), and a few smaller ones, plus three small stops that couldn't even make a dent.


Session Time: Tue Sep 24 00:00:00 2013
[09:02] The aim of art is to represent not the outward appearance of things, but their inward significance. 
01[09:02] <&Threei>  deep
[09:02] after the "reach around" quote I thought I'd change the approach
[09:03] low pre-market spy volume
[09:11] gm
01[09:11] <&Threei>  drew :)
[09:12] hello everyone
01[09:12] <&Threei>  ron :)
[09:13] gm
01[09:14] <&Threei>  dino :)
[09:17] gm
01[09:17] <&Threei>  will :)
[09:21] gm
01[09:21] <&Threei>  cipher :)
[09:22] gm
01[09:22] <&Threei>  alex :)
01[09:22] <&Threei>  I feel like a doorman
[09:23] gm
01[09:23] <&Threei>  ese :)
[09:23] lol
[09:23] if you don't say good morning to everyone every day .....we have crappy days.....we depend on you vad
01[09:24] <&Threei>  gotta start weening you off that
[09:24] thats a pressure gig saying good morning to everyone
[09:24] gm all!
01[09:25] <&Threei>  just imagine nemo doing that
01[09:25] <&Threei>  gs :)
[09:25] gs
[09:25] arghhh!!!!!! un imaginable
01[09:26] <&Threei>  he would have to go kill a goat or something, each morning
01[09:26] <&Threei>  just to restore mental balance
[09:26] can just see it now......cipher you goof......will morning you knob......ese morning you idiot......stuff like that
[09:26] <+cc_9> gm folks
01[09:26] <&Threei>  cc9 :)
[09:27] cc
[09:28] morning all
[09:29] jd
01[09:29] <&Threei>  jd :)
01[09:31] <&Threei>  must be a joke:
01[09:31] <&Threei>  BlackBerry Cowen Raised BBRY to Neutral from Underperform, price target: $9- Firm notes news that Fairfax Financial will acquire BBRY and take it private.
01[09:31] <&Threei>  value added
01[09:34] <&Threei> Short Setup: FCX  .50 break
01[09:34] <&Threei>  If holds  .60
[09:35] <+cc_9> Looking @ another play in GMCR today
01[09:37] <&Threei>  stop to .56
[09:37] fun spread in gmcr
01[09:37] <&Threei>  meh
01[09:38] <&Threei>  somg
[09:38] <+cc_9> Starter GMCR 78.45
01[09:41] <&Threei> Long Setup:  GLD  .45 break
01[09:41] <&Threei>  If holds  .37
[09:41] <+cc_9> GMCR > $79.00, looking for $80 tgt
[09:42] <+cc_9> going back to the same well :D
01[09:42] <&Threei>  frikin FCX
01[09:42] <&Threei>  GLD stop .39
01[09:43] <&Threei>  1:1
[09:44] <+cc_9> Out half GMCR 79.10 + 0.65
01[09:44] <&Threei>  wtg
[09:44] <+cc_9> Holding rest for $80+
[09:45] spyders don't seem to be pushing down with much force
[09:45] <+cc_9> GMCR > $79.50 :D
[09:45] could be a repreive from the selling pressure today
[09:46] <+cc_9> GMCR > 79.70, here it goes
[09:48] <+cc_9> GMCR @ $80.00 tgt, trade out.
[09:49] nicely done
[09:49] gj
[09:49] nice one cc
[09:49] <+cc_9> ty
01[09:50] <&Threei>  1:2
[09:50] Out GLD, thanks.
01[09:51] <&Threei>  1:3, out
01[09:51] <&Threei>  yw
01[09:51] <&Threei>  look and learn FCX, that's how you shpi;d behave when we trade you
[09:56] rht sm l .01
01[09:58] <&Threei>  *(US) SEPT RICHMOND FED MANUFACTURING: 0 V 12E
[09:58] numbers
[09:58] oops
[09:59] oh oh
01[09:59] <&Threei> Short Setup: GDX  .95 break
01[09:59] <&Threei>  *(US) SEPT CONSUMER CONFIDENCE INDEX: 79.7 V 80.0E
01[10:00] <&Threei>  If holds  .03
[10:00] <+cc_9> 169.40 support for SPY
01[10:01] <&Threei>  meh
[10:01] hmmmmmmm
[10:02] .03 of that committee wern't dinking hard enough
[10:03] say what?
[10:04] just got this in my email dinoWIN A MYRTLE BEACH GOLF GETAWAY One lucky golfer and three pals will be visiting Myrtle Beach – FREE. Be sure to register to win our FALL GOLF GETAWAY, which includes 6 Nights and 6 Rounds, $100 gift cards and more.
[10:04] gl ese, great place
[10:05] am gonna do this ...on the bucket list...will be giving yo a call when i do
[10:05] ok
[10:06] shot a crappy 87 though last weekend.....3 putted 10 holes
[10:06] sheesh
[10:07] thats like giving away your wife or girlfriend
[10:07] how do you qualify as "one lucky golfer"?
[10:07] lol
[10:07] lol
[10:07] ya don't
[10:07] simple as that
[10:10] GDX....
01[10:11] <&Threei>  another somg
[10:11] ese...you must have been hiting the greens like a pro
[10:11] if you had 30 puts
[10:12] on ten holes
[10:13] I was 
[10:13] I heard that you teachers play golf evety afternoon :)
[10:13] every
[10:14] "Governor, think of your secretary"
[10:14] pipe dream
[10:16] that ain't me.....thats dino
[10:16] and cc
[10:16] not me, play once or twice a week aside from 3 trips/year. season ends here in about 4 weeks
01[10:16] <&Threei> Short Setup: BAC  14 break
[10:16] ccl sm l .75
[10:19] Obama talking
[10:20] what's new?
01[10:23] <&Threei> Long Setup:  FAZ  .40 break
01[10:23] <&Threei>  If holds  .35
[10:23] ya but you have easy access to Burmuda......and destinations south if need be
[10:27] yes. myrtle beach is best for golf
[10:28] 07 green
[10:29] what is the flag placement on 07 green?
[10:30] dq nuts
[10:30] lol will
[10:30] sorry....had some mind altering red meat last night
[10:31] sad attempt at humour
[10:31] *sad face* 
01[10:34] <&Threei> Long Setup:  CAT  .85 break
01[10:34] <&Threei>  If holds  .75
01[10:35] <&Threei>  1:1
[10:35] Missed it, darn.
[10:35] me too
[10:36] just a quick glance at BAC level 2 and it was gone :)
[10:37] craaaap
01[10:37] <&Threei>  1:2... anyone got it?
[10:37] Yep, very nice call.
[10:37] regn l 295.30
[10:38] is there a statute of limitations on BAC?
[10:39] BAC is a slow mover. Doubt it triggers
[10:39] tks jd
[10:40] out ccl .20, +.45
01[10:43] <&Threei>  Invalidated  BAC
[10:43] my bladder gives thanks
[10:44] LOL
[10:44] gotta get me one of them thar nemo hunting bottles
[10:47] out REGN 296.31 +1.01
[10:48] ese size?
[10:48] not yet...
[10:48] slowly working up to it
[10:50] nole in one cipher!
[10:50] hole
[10:50] cat looks long again
01[10:50] <&Threei>  wtg
[10:51] is .10 a trigger Vad?
01[10:51] <&Threei>  ?
[10:51] CAT
01[10:52] <&Threei>  chart ias right
[10:54] lvs sheesh
[10:54] exam spike
[10:59] Vad..C&H on CAT?
[10:59] developing
01[11:00] <&Threei>  kind of, yeah
01[11:00] <&Threei>  .25 break...
[11:00] tks
01[11:00] <&Threei>  I am a bit hesitant to chase that far
[11:01] I bow to your experience
01[11:04] <&Threei> Short Setup: FCX  .90 break
01[11:04] <&Threei>  If holds  .95
[11:07] SDS l .66
[11:07] expecting pullback on indexes
[11:07] Did you get this one, Will?
[11:08] yes
[11:08] .89
[11:08] Me too.  But let's not hold hands.
01[11:08] <&Threei>  that's disturbing image
[11:08] No doubt.
[11:09] what a disappointment :)
01[11:09] <&Threei>  President Obama directs Secretary of State Kerry to pursue nuclear weapons deal with Iran, says 'diplomatic path must be tested'
[11:09] of course
01[11:09] <&Threei>  why not, after all he handles Syria brilliantly
[11:09] what a joke
[11:09] next they will propose sitting around campfire singing kumbaya
[11:10] idiots. iran buys time again
[11:10] admission he has been doing nothing about Iran... 
01[11:11] <&Threei>  now, I want what this guys is smoking, obviously fantastic stuff:
01[11:11] <&Threei>  McConnell: If five Senate Democrats vote against the Majority Leader, Obamacare will be defunded.
01[11:11] <&Threei>  and if my grandfather had wheels...
[11:12] keeping the troops in line
[11:12] if the queen had balls...she'd be king
[11:13] Repubs are rudderless
[11:13] tea partiers have a hand on the tiller
[11:13] "diplomatic path" is really just the path of least resistence.
[11:19] they're going to go nuclear and there's nothing anybody is going to do about it.  It's just pomp and circumstance
[11:19] amen
[11:19] agreed nemo. they are just sucking some $ out of us. same as north korea does
01[11:19] <&Threei>  1:1
[11:20] obummer is an idiot falling for this again. sanctions were really starting to hurt iran
[11:20] No hope for an Israeli intervention, nemo?
01[11:21] <&Threei>  http://goo.gl/Wcsvg6
[11:21] logistically it's very difficult for them to do
01[11:21] <&Threei>  couple decent charts on market bubble psychology
[11:23] I recommend a Rodman/Carter/Obama peace mission
[11:23] NetanYahoo had an interesting statement:  "If humans have access to it, it can be destroyed."
[11:24] they're nuclear program is spread over numerous sites
01[11:24] <&Threei>  I'd add miley cyrus to the team, will
[11:24] haha
[11:24] the three stooges and minless miley
01[11:24] <&Threei>  some twerking won't hurt the mission, don't you think
[11:24] mindless
[11:24] That makes four stooges.
[11:24] a necessity
[11:25] And two boobs.  Will, maybe four boobs.
[11:25] lol
01[11:25] <&Threei>  lol
01[11:25] <&Threei>  FCX slowly improves its behavior
01[11:25] <&Threei>  notice CAT would have been stopped on that .25 break
[11:26] it better
[11:26] has robbers and me to answer to
[11:26] Yep, FCX finding the path of least resistence, down baby.
01[11:26] <&Threei>  beautiful H&S reeversal on 1 min
01[11:27] <&Threei>  and we got it just when right shoulder started forming
[11:29] here comes the pullback 
[11:30] ezch into its gap
[11:31] ezch spike
01[11:33] <&Threei>  EZCH Hearing strength attributed to comments by Cisico at its event introducing new Network Convergence System
01[11:33] <&Threei>  - Cisco exec notes that new chips will not replace EZChip. Earlier today, weakness in the name was attributed to the rollout of Cisco's new system.
[11:35] ILMN drop
[11:36] tso sm s .62
[11:39] ilmn spread hooker wide
01[11:40] <&Threei>  Ron is a living proof that even intelligent person can and will be corrupted by this room
01[11:40] <&Threei>  and nemo
[11:41] lol, all you need to say is hooker, wide implied
[11:42] felt obligated to quote mags verbatim
01[11:42] <&Threei>  :)
[11:43] ILMN L .07
[11:44] gotta go all am  L tibx .51  stop is in catch ya tomorrow
01[11:45] <&Threei>  take care ese
[11:45] peace
[11:45] cya ese
[11:45] hit'em straight
[11:45] keep your head down
[11:45] cya vad.....will.....think grimbergens friday
[11:45] leaving for Arizona
[11:45] sorry
[11:45] will not be able to after a few grimbergens on friday
[11:46] No Will, that's instructions for Miley.
[11:46] ha
01[11:46] <&Threei>  lol
[11:46] have a great trip
[11:46] cya
[11:46] tks
[11:51] ILMN stopped .32 +.25
[11:52] dissapointing
[11:52] pulp moves, wanted .75, missed
[11:55] dino look at the gap on vrtx...thing is on the ledge looking down
[11:55] foot hanging over abyss
[11:55] too much air below
[11:59] feels like short vrtx ron
[11:59] .40 do or die probably will test the whole
[12:00] SDS stopped .64 -.02
[12:01] triple top spy?
[12:04] finally, out rht .42, +.62
[12:04] nice!
[12:04] ty
01[12:04] <&Threei>  wtg
[12:05] tso bstop is .81, brb
[12:05] ILMN s.61
[12:09] stopped .67 -.06 damn pulp
[12:09] up around .90 might be a better level
[12:16] tso to .38
[12:16] ILMN  s .75
[12:17] to .32
[12:18] finnies stopped right at the 50 day
[12:18] cov tso .30, +.32
01[12:24] <&Threei> Short Setup: MCD  .50 break
01[12:24] <&Threei>  If holds  .60
[12:25] ILMN stopped .71 -.04
[12:25] ILMN l .75
[12:28] stop still .61?
[12:29] ilm double top?
01[12:29] <&Threei>  .56
01[12:29] <&Threei>  don't see it, IWM
[12:30] iwm grinding to all time highs
[12:30] it's headed that way
01[12:30] <&Threei>  1:1
01[12:30] <&Threei>  .61 now
01[12:30] <&Threei>  .51
[12:31] stopped .73 -.02 done with it
01[12:32] <&Threei>  1:2
01[12:33] <&Threei>  nemo... let's start stuffing Halloween bags for kids... I dunno what to do with these candies anymore
[12:33] razor blades and arsenic
01[12:34] <&Threei>  did someone hand you a toothbrush at some point in childhood?
[12:36] ?
01[12:38] <&Threei>  just trying to find where that trauma originates from
[12:38] past lives
[12:39] nemo doesn't have a dark side
[12:39] he's all dark
01[12:39] <&Threei>  lol
01[12:40] <&Threei>  means they flipped him evenly on the grill
[12:40] lol
01[12:40] <&Threei>  or used rotisserie
01[12:41] <&Threei>  1:3
01[12:41] <&Threei>  out
01[12:41] <&Threei>  drew, here?
[12:43] REGN  l.02
[12:43] are you still in FCX trade Vad?
01[12:43] <&Threei>  FCX tugged trailing stop
01[12:43] <&Threei>  after 1:1
01[12:44] <&Threei>  anyone traded MCD??
[12:44] :) ty
01[12:44] <&Threei>  whew
[12:44] was in the frickin shower
[12:44] lol
[12:45] who showers in middle of trading day?
[12:45] appearantly I do
[12:45] first shower this month
[12:46] lol
[12:46] very expansive shower
[12:46] and I had to pick a 1:3 trade to do it
[12:46] that's it for shower for me
[12:47] I'll sit here an offgas until market closes
01[12:47] <&Threei>  for the next three months?
[12:47] and offgas
[12:47] if need be
[12:49] dq crazy, five days 12-29
[13:12] OK, I'm out of the shower, did I miss anything?
[13:13] lol
01[13:13] <&Threei>  lol
[13:13] ha ha funny guy
[13:14] though that after holding hands you wouldn't be so hard on me
[13:14] thought
[13:14] wait wait wha??
[13:14] holding hands
[13:14] shower
[13:14] will and robbers??
[13:14] busted
[13:14] holding hands in shower
[13:14] alternative lifestyle indeed
[13:16] Nah, Will was in the shower getting twerked by Miley.
[13:16] in my dreams
[13:16] Pretty sure that'd be wet dreams, being a shower and all.
[13:17] https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgC9IkW1c-f9ODfrPJCO53_cXX0XWbwunTRxcULhfP1A6MqG7dW4RyCcfq6J_hwMwT5eZStqbaskhZ2nvlLuqdeHXRZML5gnszMAC5f0r2-0c30PzvT36A3LHUmsyywOoHzrBlPAG5yhAA/s1600/miley-cyrus-vma-mtv-music-awards-raw-chicken.jpg
[13:17] Tastes like chicken.
[13:18] *barf
01[13:19] <&Threei>  need... a trade... urgently...
[13:19] please
[13:19] Yeah.
[13:20] gotta take the spotlight off robbers
[13:20] he's then shy type
[13:20] the shy type
01[13:21] <&Threei> Short Setup: WMT  .30 break
01[13:21] <&Threei>  If holds  .35
01[13:22] <&Threei>  I don't care how valid setup is, this is "save the room from ultimate deterioration" trade
[13:22] lol
[13:22] LOL and true.
[13:22] inmates running the asylum on ya' there Vad?
01[13:22] <&Threei>  :)
[13:22] you're welcome Vad
[13:23] COST s .67
[13:25] stopped .74
[13:26] cl lod
[13:46] meh
[13:46] double meh
[13:46] take a shower will
[13:47] yeah...doesn't matter what I do today
[13:47] have you tried douching
[13:47] ?
[13:47] could you guarantee a fair share if I go take a shower?
[13:47] LOL
[13:48] lol
[13:48] isn't douching communicating with you?
[13:48] Les
[13:49] sorry nemo...didn;t realize who I was speaking to
[13:49] to whom I was speaking
[13:49] SDS l.55
[13:49] spy could go to .60ish first cipher
[13:50] nothing on the short side of the algo cipher
[13:56] walmart you damn dirty goat
[13:57] expecting 170.20-ish on SPY
[14:04] going by gut feel rather than algos
[14:15] SPY 20-s
[14:24] :)moment of truth
[14:25] sellathon
[14:26] out SDS .66
01[14:26] <&Threei>  frikin WMT
[14:27] nice rug pull on SPY
01[14:28] <&Threei>  (US) Senate Majority Leader Reid (D-NV) reiterates the Senate will not pass any bills that defund Obamacare
01[14:28] <&Threei>  so who blinks first?
[14:31] I think we should fire the senate
[14:32] agreed
01[14:33] <&Threei>  I strongly disagree
01[14:33] <&Threei>  we have no senate in your sense of the word in Canada, and look - we have no legitimate entity to bitch about
01[14:34] <&Threei>  Parliament is the closest substitute but since it doesn't decide much in majority government...
[14:34] problem is our senate is simply tax and spend,,,,,
01[14:35] <&Threei> Short Setup: MCD  .90 break
01[14:35] <&Threei>  If holds  98
01[14:35] <&Threei>  yes but... doesn't it reflect the state of the society
01[14:35] <&Threei>  it's people who elect those tax-and-spenders
01[14:35] <&Threei>  and expct them to bring home bacon
[14:36] yes that's what people want
[14:36] you buy votes by giving things
01[14:36] <&Threei>  what other system would work better?
[14:36] and that's good nemo
[14:36] me, as a dictator, would suit me fine
[14:36] it eventually becomes tax and spend, because you eventually get a rich and poor class...middle classes are periodic historical anomalies
01[14:37] <&Threei>  well, yes
[14:37] good, bad, it is what is
01[14:37] <&Threei>  benevolent dictator is a great thing, with one revervation
01[14:37] <&Threei>  reservation
01[14:37] <&Threei>  one who comes next is always malevolent one
[14:38] who said i would be benevolent?
01[14:38] <&Threei>  lol
[14:38] yeah, fuck that
[14:38] What is good?
[14:38] agreed. its like real estate, you need a dictator, otherwise nothing gets accomplished
01[14:39] <&Threei>  well... Russia tried that with Stalin
[14:39] yeah, plus you get all the sex you want without having to buy them anything
[14:39] or put up with their shit
01[14:39] <&Threei>  and Beria did that too
[14:39] good old Levanti
[14:40] "Show me the person, and I'll find you the crime." - Lavrentii Beria,
[14:45] was talking to a buddy just now, his dog got whacked by coyotes yesterday...sheesh
[14:46] that sucks
[14:46] in Boston?
[14:46] 25 miles south
[14:46] hear them every night
[14:47] but a few years back a woman's dog bought it in Brighton, which is part of Boston
[14:47] yeah, me two
[14:47] too
[14:47] wow it's not far for Brooklyn
[14:47] from
[14:47] ?
[14:47] lol nemo
[14:47] coyotes adapt quite well to urban environments
[14:48] I always carry a pistol now during hunting season
[14:49] they like progressives
[14:49] pack animals, single dog does not stand a chance
[14:49] nope, that's the problem too, there are so many now, they're starting to pack up
[14:50] tough bastards too...I put a 12 guage slug into one once, good shot placement too, thing was still alive when I walked over to it
[14:50] stomped its neck
01[14:53] <&Threei> Short Setup: MCD  98 break
01[14:53] <&Threei>  If holds  .05
[14:54] hamburger runs away from us today
[14:55] hamburglar
01[14:55] <&Threei>  well, we got one 1:3er on it, no?
[14:55] forgot it already
01[14:56] <&Threei>  with mustard
[14:56] REGN l.83
01[14:56] <&Threei>  no bun
01[14:56] <&Threei>  what's that saying Alex...
01[14:56] <&Threei>  stomach doesn't remeber yesterday's favors
[14:56] lol
01[14:56] <&Threei>  :)
[14:57] czr gone pulp
[14:57] how did we do today?
[14:57] can we start over?
[14:57] took a shower fish?
01[14:58] <&Threei>  suffice it to say, roadsides are lined with hungry children
[14:59] afternoons are still d e a d
[14:59] no  I was teaching a class on OSO and OSO orders
[15:00] I ran into 20 traders that could really use this room  lol
01[15:00] <&Threei>  well, you can continue teaching since I've no idea what those are
[15:00] CC u have a pm
01[15:00] <&Threei>  and you don't send them here why?
[15:00] Because I didn't have your business card  I sent cc a pm asking for cards
[15:01] It would not be polite to the company I was teaching for to send all those folks to you  lol
[15:01] what are oso orders?
[15:01] Order Sends Orders  and Order Cancel Order
01[15:01] <&Threei>  really... OCO, I know
01[15:02] <&Threei>  OCA even
01[15:02] <&Threei>  One Cancels Another
[15:02] yes
01[15:02] <&Threei>  (IR) US President Obama will not meet withe new Iran President at the UN due to complications in having such a meeting take place - press
[15:02] so in the case of OSO  orders  well you would not like Vad  but new traders  will love it
01[15:02] <&Threei>  meanong, no clean room?
[15:03] <+cc_9> trigger orders Fish
[15:03] OSO  means  when I place my original the stop is also placed and up to 3 targets  
[15:03] yes  
[15:03] cc you have a pm
01[15:04] <&Threei>  (US) Senate Majority Leader Reid (D-NV): Senate bill will extend govt spending through Nov 15th (vs. House bill funding through Dec 15), strips out Obamacare defunding - Senate could complete its version of the budget bill on Sunday, Sept 29th (Federal government FY ends on Sept 30th) - Reiterates the Senate will not pass any bills that defund Obamacare. Reiterates will not negotiate on debt ceiling.
[15:04] out REGN .10 +.27
[15:05] gj
[15:07] ty
[15:10] fish you have chance to get into MCD trade
[15:10] no
[15:10] can you share your earnings with me?
[15:11] of course, tomorrow
[15:11] lol
01[15:12] <&Threei>  fish, alex is a not a share-sharer, he is a share-sharee
[15:12] lol
[15:13] ESRX drop
[15:21] <+cc_9> that's a pretty chart cipher
[15:23] REGN l.91
[15:24] looks like spy locking in on the daily pivot/vwap
[15:24] fish if yor have 20 students you can open your own room 
[15:25] just need to give them Vad's setups
[15:25] I was thinking about that  I am in practice now  to cut and paste  Vads  calls
[15:25] hahahahahah
[15:25] want to go half on it Alex?
[15:26] sure
01[15:26] <&Threei>  cute
[15:26] has Vad ever shown you his gun?
[15:26] you can even copy the jokes
06[15:26] * &Threei instructs admin to revoke fish and alex room access
[15:27] honestly,  After teaching tht class, I know know who is on the other side of my trades
01[15:31] <&Threei>  1:1
[15:31] we're beating up the hamburglar and pushing him down the stairs
01[15:32] <&Threei>  taking hamburgers from babies
[15:32] lol
[15:32] fat babies
01[15:32] <&Threei>  not anymore
[15:32] Out, thanks Vad.
01[15:33] <&Threei>  RealityTrader - saving babies from obesity for 13 years
01[15:33] <&Threei>  yw
[15:33] nice end of the day
[15:34] Drew make money today?
[15:34] it was a positive day
[15:34] you?
[15:34] just got here
01[15:34] <&Threei>  getting better drew?
[15:34] yes
[15:34] closed P&L $7.60
01[15:34] <&Threei>  great to hear
[15:35] less stress
01[15:35] <&Threei>  eventually there will be none
[15:35] if i get frustrated i just switch to paper trading
[15:35] i bet
[15:35] <+cc_9> FB dropping hard EOD
[15:37] where did you get $7.60 fish?
[15:37] you'll get it drew, hang in there
[15:37] @ym
[15:37] thanks dino
[15:38] i guess i have been learning to think contrarian also
[15:38] last few afternons tough for me, just sitting doing nothing. hard to stay awake
[15:39] sorry to hear
01[15:39] <&Threei>  that problem ceased to bother me since I learned to trade and comment in my sleep
[15:39] I'll share my $7.60 if you share your earnings  today Alex?
[15:39] :)
[15:39] decent mornings, but...sheesh...give me an afternoon capit or spike
01[15:39] <&Threei>  MCD 1:2
[15:39] do you take half days sometimes?
01[15:40] <&Threei>  babies beg to leave them a bun with traces of mustard
[15:40] yes. may-aug fridays
[15:40] otherwise you are at your computer all day then...
[15:41] pretty much
01[15:41] <&Threei>  I came up with new marketing slogan
01[15:41] <&Threei>  You haven't made money today? You haven't been in our room then
01[15:41] <&Threei>  shameless enough?
[15:41] very
01[15:41] <&Threei>  cool
[15:41] very confident
[15:41] spy should bounce soon
01[15:42] <&Threei>  I've learned that shameless is a basis of effective marketing
01[15:42] <&Threei>  which explains why I am not good at it
01[15:42] <&Threei>  fish, see dcc
[15:43] you learned that from Miley Cyrus?
01[15:43] <&Threei>  we spoke of her eaerlier today
[15:43] say what you want, but that miley's pretty hot
01[15:43] <&Threei>  you mised fun part
[15:43] SSO l.41
[15:44] agree Dino
[15:44] her dad had a wild youth
[15:45] My wife worked at a hospital where he was once treated for an STD
[15:45] madonna put out much worse stuff. remember her whoring movie
[15:45] and her penthouse photos
[15:46] yes  the issue is Miley had a wholesome youth following and then over night became a different person
[15:46] caused a huge stink with parents  but  who can blame her,  there is more money in what she is doing
[15:46] madonna doesn't look that stupid
[15:46] bet she doesn't have a gag reflex
01[15:46] <&Threei>  1:3
[15:46] she does now
[15:47] nice day Vad ty
01[15:47] <&Threei>  yw
01[15:47] <&Threei>  over and out
01[15:47] <&Threei>  thank you all, have a great evening
01[15:47] <&Threei>  see you tomorrow
[15:48] bye all
[15:48] vlrs spike
[15:50] good eve  all
[15:50] gn all
[15:50] gn
[15:50] <+cc_9> ok guys
[15:50] <+cc_9> enjoy

Sept 23 2013

Calm and solidly profitable day, with evenly paced trades slowly making their way to 1:2 targets.


Session Time: Mon Sep 23 00:00:00 2013
[08:41] {nemo} "A bikini is not a bikini unless it can be pulled through a wedding ring.
[09:07] {dino} gm
01[09:07] {&Threei}  morning dino
[09:09] {nemo} http://bit.ly/17Wh2CO
[09:10] {dino} .
01[09:11] {&Threei}  ..
[09:11] {nemo} so the drug gangs are upping the firepower in Chicago
01[09:15] {&Threei}  canons?
[09:16] {nemo} AK
[09:18] {Will49} gm
01[09:18] {&Threei}  will :)
[09:20] {dino} ironic as thats obummers town
[09:20] {jdetente} morning all
01[09:20] {&Threei}  not surprising though
01[09:20] {&Threei}  jd :)
[09:20] {nemo} gang drug wars
[09:21] {nemo} that's what they never tell you
[09:21] {nemo} they just say another shooting
[09:21] {nemo} but it's about drug turf there
[09:22] {ese} gm
[09:22] {RonS} gm
01[09:22] {&Threei}  ese, ron :)
[09:23] {drewj} gm
01[09:24] {&Threei}  drew :)
[09:24] {ese} will and I  had to shoot our into vads place last time ....he wasn't going to let us into thw shiskabob party.....serious violence oer that one
[09:25] {cipher} gm
[09:25] {ese} c
[09:25] {Will49} I'm still nursing my wounds
01[09:25] {&Threei}  cipher :)
[09:26] {Will49} oh no...that was from the vodka
[09:26] {nemo} I've got to give up that JD Honey myself
[09:26] {+cc_9} Good morning folks
[09:26] {Will49} JD=Mother's milk
01[09:26] {&Threei}  cc9 :)
[09:27] {ese} lol
[09:27] {nemo} yeah, but it goes down so damn easily...one minute there's a full bottle, next thing I know I've killed almost 2 liters
01[09:28] {&Threei}  2 deer and 1 bear
[09:28] {nemo} ?
01[09:28] {&Threei}  next thing I know I've killed almost 2 liters...
01[09:28] {&Threei}  2 deer and 1 bear
[09:28] {nemo} sorry I don't see the connection
01[09:28] {&Threei}  just finishing your sentence
[09:28] {ese} lol
[09:28] {Alexs} gm
01[09:28] {&Threei}  alex :)
01[09:31] {&Threei} Short Setup: C  50 break hl
01[09:31] {&Threei}  If holds  .10
01[09:32] {&Threei}  1:1
[09:35] {+cc_9} JPM @ lowest pps since 09/06
01[09:36] {&Threei}  1:2 close enough
[09:37] {+cc_9} GDX poking its head out, 25.80 is trigger
01[09:37] {&Threei} Short Setup: GLD  .40 break
01[09:38] {&Threei}  Invalidated
[09:39] {+cc_9} Long GDX 25.80
[09:39] {+cc_9} s/l 25.45
[09:41] {+cc_9} BBRY slow turn around
01[09:41] {&Threei}  scary to touch with 10 ft pole
01[09:41] {&Threei}  this dog won't bark again
[09:42] {+cc_9} Not if you're long @ 8.30
[09:42] {RonS} rbc came w/ $2 target
01[09:42] {&Threei}  you run a risk of halt any moment
[09:42] {jdetente} cc likes to live on the edge
01[09:42] {&Threei}  news coming fast and furious on this one, and one of them will the the last
01[09:43] {&Threei}  RBC is wrong... if it goes to $2, it goes to zero
[09:43] {+cc_9} GDX catching some bids
[09:43] {+cc_9} http://rt.com/on-air/kenya-mall-attack-police/
[09:45] {nemo} index bounce setups forming
01[09:49] {&Threei} Long Setup:  TZA  .06 break
[09:49] {nemo} .10 area spy .36 area IWM .25-.30 area FAS
01[09:49] {&Threei}  If holds  23
[09:50] {+cc_9} Keep an eye on QCOR if it takes Friday's lows
[09:51] {nemo} srpt hit resistance at Friday high
[09:51] {+cc_9} SRPT tough one to short (HTB)
01[09:51] {&Threei}  TZA valid
[09:52] {nemo} watch .36 area IWM
01[09:53] {&Threei} Short Setup: GDX  .70 break
01[09:53] {&Threei}  If holds  .80
[09:54] {nemo} gmcr very weak, at 50 day
01[09:56] {&Threei}  Invalidated  GDX
[09:56] {+cc_9} GDX so far so good, new session highs
[09:56] {+cc_9} SPY no bottom yet
[09:58] {+cc_9} GMCR should be a decent trade if ti can break 81.60
[09:58] {nemo} SPY at WS1 IWM at weekly pivot, finnies still a tad above support
[10:01] {+cc_9} GMCr catching some .30s bids
[10:02] {+cc_9} GMCR long light 81.4
[10:03] {nemo} P looks short
[10:04] {+cc_9} SPY fresh lows
[10:04] {nemo} damn close to the gap
[10:05] {+cc_9} $170 test
01[10:05] {&Threei} Short Setup: C  .70 break
01[10:05] {&Threei}  If holds  .80
[10:06] {cipher} SPY headed below 170
[10:07] {dino} target?
01[10:08] {&Threei}  oh btw
01[10:08] {&Threei}  {dptl} thanx and say hi to everyone for me.... see ya soon :)
[10:10] {+cc_9} Long SPY here 170.00
01[10:11] {&Threei}  let's scratch TZA
01[10:12] {&Threei}  not clear anymore
[10:12] {+cc_9} GMCR slight consolidation, any market reversal should give it a push back over $82
[10:12] {cipher} spy bounce around 169.70 -ish
[10:13] {cipher} short SPY here
[10:13] {+cc_9} SPY gap from 9./13 is @ about 169.50. But I doubt we visit that area
[10:14] {cipher} me neither
[10:14] {cipher} at least not in the am
01[10:15] {&Threei}  trail c to .76
[10:15] {+cc_9} GMCR failure back under 81, ugh
[10:16] {cipher} XOOM DROP
[10:17] {+cc_9} SPY tgt 170.40
01[10:19] {&Threei}  meh
[10:20] {jdetente} I got booted off my internet connection. TZA still on the table right?
[10:21] {Alexs} no jd closed at be
[10:21] {jdetente} ok thx
[10:22] {+cc_9} GMCR, the pain train is leaving the station
[10:24] {nemo} gmcr at 50 day
[10:25] {RonS} Jeff Beck playing and Rod Stewart singing "People Get Ready"?
01[10:25] {&Threei} Short Setup: GLD  .90 break
01[10:26] {&Threei}  If holds  128
01[10:26] {&Threei}  will trail to .96 after .85 break
01[10:26] {&Threei}  trail
[10:28] {cipher} SPY new low coming
[10:29] {cipher} NDLS dumping
[10:29] {jdetente} TZA blah
[10:30] {cipher} ndls l.26
[10:30] {+cc_9} GDX back to 25.80
[10:30] {+cc_9} GMCR still flushing ugh
[10:31] {+cc_9} GDX .90s, well at least something is working
[10:31] {nemo} so many stops just dripping like frickin' chinese water torture
[10:33] {+cc_9} SPY/GDX on cruise control, GMCR turning into a death trap
[10:33] {nemo} ebay may setup short between .80 and the whole
[10:33] {dino} out sds calls +.41/45%
[10:37] {+cc_9} GMCR come on doggie, get your sh* together
[10:39] {+cc_9} GMCR some bids at last
01[10:39] {&Threei}  what was that on GLD
01[10:39] {&Threei}  no news
[10:42] {+cc_9} out GDX 26.00 from 25.80
[10:43] {RonS} DATA interrupted
[10:43] {nemo} finnies holding the 50 day
[10:44] {dino} data blood
[10:44] {fish_49} Ron  who do you use as a broker?
[10:44] {nemo} ebay may be double topping at vwap here
[10:45] {nemo} .75 would be trigger
[10:45] {RonS} can't say fish...always upsets 3i...
[10:46] {nemo} E. F. Hutton
[10:46] {+cc_9} GMCR needs some .20 bids here
[10:46] {fish_49} lol
[10:46] {+cc_9} SPY doing absolutely nothing here
01[10:47] {&Threei}  lol
[10:47] {nemo} can see those shitty commercials running through my head
01[10:47] {&Threei} Long Setup:  FAZ  .80 break
[10:47] {nemo} iwm at lows
[10:47] {cipher} out ndls .09 +.83
[10:47] {RonS} health care providers under pressure again  aet wlp
[10:48] {nemo} ebay triggered
01[10:48] {&Threei}  wtg cipher
[10:48] {RonS} gj cipher
[10:48] {+cc_9} GMCR same pattern now as the one from 9:54 to 10:10
[10:48] {cipher} ty
[10:49] {nemo} ffiv may test the whole, interested Vad?
01[10:49] {&Threei}  .c .70
[10:50] {nemo} selling pressure abating on the algo
01[10:50] {&Threei}  If holds  .70
01[10:50] {&Threei}  FFIV, no... unmanageable risk
[10:51] {nemo} oh, ebay drops .65 gnite
[10:51] {cipher} SPY finally
[10:51] {cipher} akam s.47
[10:51] {nemo} SPY be a good girl
[10:52] {Will49} luck be a lady tonight
[10:52] {nemo} no, GO DOWN!
[10:52] {Will49} lol
[10:52] {jdetente} freakin tza
[10:53] {+cc_9} GMCR back to session lows, ditto SPY
[10:53] {cipher} here we go SPY
[10:54] {cipher} still short
[10:55] {dino} damn sold the sds calls too soon
[10:55] {RonS} charade:  President Obama to push UN to increase pressure on Syria to surrender chemical weapons
[10:55] {cipher} covering SPY shorts here
[10:55] {cipher} reversing soon
01[10:55] {&Threei}  1:1
01[10:56] {&Threei}  farce, Ron
[10:58] {+cc_9} whoa, i was wrong about SPY not wanting that gap close 169.50
[10:59] {dino} 167.72 next gap
[11:00] {+cc_9} GMCR 10:56 vol could mark intraday bottom. $5.50 range.
[11:00] {cipher} SPY gonna bounce here
[11:01] {cipher} REGN l.48
[11:02] {dino} partial fill bofi l .10
[11:03] {nemo} P can't bounce
[11:03] {Will49} will off a hard surface
[11:03] {nemo} bbry support at 0
[11:05] {jdetente} haha
01[11:06] {&Threei}  for some weird reason, Techniques of Tape Reading has sold 10x copies in first 6 months of 2013 vs usual
[11:06] {fish_49} why weird  it was a good book
[11:06] {nemo} makes a great door stop
[11:06] {+cc_9} GMCR, any news I'm missing here ?
01[11:07] {&Threei}  well, it was just as good book in 2012, 2011 etc :)
[11:07] {nemo} this is quarterly vwap right here on gmcr
01[11:07] {&Threei}  why 10 times increase
[11:07] {nemo} home construction is up
[11:07] {fish_49} economy bad Vad more people trying to Day trade?  lol
[11:07] {Will49} only sold 1 in 2012
06[11:08] * &Threei slaps nemo around a bit with a reminder: author equals insult of his book to insult of his children
[11:08] {nemo} your daughter is cute
[11:08] {Alexs} now more people consider this book as a fiction
06[11:08] * &Threei slants at Will
[11:09] {Will49} I bought it Vad...don't slant at me
[11:10] {Will49} is the word slant another term for waterboarding?
01[11:10] {&Threei}  it's a prelude
[11:10] {jdetente} prelude eh?
01[11:10] {&Threei}  and it keeps options open, between waterboarding, clubbing...
[11:10] {Will49} a Japanese car
[11:12] {+cc_9} SPY full gap closed....
[11:12] {nemo} this is s2 on the daily in spy s3 on finnies
[11:13] {nemo} within the proverbial hair in finnies
01[11:13] {&Threei}  1:2
[11:14] {+cc_9} SSO vol spike
[11:14] {cipher} regn L 292.75
[11:14] {nemo} not in iwm or spy or fas though
[11:14] {dino} vmw sm l .65
[11:15] {nemo} or xlf
[11:15] {nemo} gdx double top?
[11:15] {nemo} yeah, looks it
[11:16] {cipher} SSO l.20
01[11:16] {&Threei}  or C&H in the making
[11:18] {+cc_9} GMCR dipping in second scale 78.75. New cost 79.86. Married till 81
[11:19] {dino} out vmw .99, +.34
[11:19] {+cc_9} Keeping an eye on YELP
[11:19] {+cc_9} under a lot of pressure today, no reversal since the open, straight down
[11:20] {+cc_9} NFLX $20.00 range today
[11:21] {nemo} vmw got a date with  83ish
[11:21] {+cc_9} GMCR, one step forward, 10 back
[11:22] {+cc_9} bounce to $79, bid back to 78.15
[11:22] {cipher} conn s .57
[11:22] {nemo} wow is that stretched
[11:23] {+cc_9} almost feels like the same seller on GMCR is also on YELP
[11:24] {+cc_9} GMCR { $78 wow...
[11:25] {Will49} no school today?
[11:28] {+cc_9} GMCR not a single 15min green candle today, 2 hours into the open.
[11:35] {cipher} out REGN 294.92 +2.17
[11:35] {Will49} excellent
[11:36] {cipher} a bit too soon
[11:37] {cipher} conn dump
[11:38] {cipher} conn l .98
[11:38] {cipher} spy target 60-ish
[11:38] {cipher} sorry SSO
[11:39] {dino} gj cipher
[11:39] {+cc_9} SPY bounce, GMCR @ lows
[11:40] {Will49} out FAZ...tks Vad
01[11:40] {&Threei}  :)
[11:45] {+cc_9} GMCR -8% new lows every 15mins
01[11:50] {&Threei}  frikin FAZ
01[11:51] {&Threei}  how about this "kitty" I had a chance to photograph recently: http://goo.gl/1SLZqd
[11:51] {cipher} gmcr bids
[11:51] {nemo} is that your daughter's cat?
01[11:51] {&Threei}  this is African Serval, you doofoos
[11:52] {fish_49} new name in the room
[11:52] {fish_49} doooofoos
01[11:53] {&Threei}  you can add oo's at your discretion
[11:53] {RonS} request to play foosball?  doofoos?
01[11:54] {&Threei}  the name's Ramses
[11:54] {nemo} wasn't that the name of a condom?
01[11:54] {&Threei}  no idea
[11:55] {jdetente} yes
[11:55] {jdetente} the joke being of course that Ramses had hundreds of children
01[11:55] {&Threei}  there is vidfeo on youtibe of this cat being driven through Vancover in Lamborgini
[11:56] {dino} pru sm l .85
[11:56] {Will49} condom story
[11:56] {Will49} when I was 18, need some condoms, went into a drug store
[11:57] {Will49} two 18-19 year old girls behind the counter
[11:57] {+cc_9} GMCR, surprised that dip buyers are still not stepping in. Stock trading its entire avg daily volume already
01[11:57] {&Threei}  and ther he was, Ramses
[11:57] {Will49} in those days condoms were kept behind counter
[11:57] {Will49} i said..gimme a package of ramses please
[11:57] {+cc_9} GMCR 78 attempt
[11:57] {Will49} vacant look on both faces
[11:58] {Will49}  girls start looking around behind counter
[11:58] {Will49} after about 5 min one girls blurts out
[11:58] {Will49} oh, I know what he wants...throat lozenges!
[11:58] {+cc_9} GMCR some 78.20 bids now
[11:59] {Will49} I fled the store empty handed
[11:59] {cipher} scalped GMCR out .20 +.91
[11:59] {cipher} thx cc9
[11:59] {+cc_9} good job cipher
01[11:59] {&Threei}  lol
[11:59] {fish_49} scalp?
[11:59] {cipher} yes fish
[11:59] {cipher} my type of scalp
[11:59] {fish_49} sounds more like a swing trade  lol  good job Cipher
[12:00] {+cc_9} im going to baby sit until $80+
01[12:00] {&Threei} Long Setup:  WMT  .25 break hl
01[12:00] {&Threei}  If holds  .15
[12:03] {+cc_9} GMCR can't even get through 78.50 blah
[12:05] {fish_49} gotta run
[12:06] {fish_49} have a great afternoon all
[12:06] {jdetente} see ya fish
01[12:07] {&Threei}  take care fish
[12:10] {cipher} SSO target
[12:10] {cipher} out SPY longs
[12:11] {cipher} IPGP l.15
01[12:12] {&Threei}  stop .19 if you haven't taken any off the table, .24 if you have
[12:14] {cipher} IPGP stop .18 +.03
[12:14] {Alexs} you partialed WMT already?
[12:16] {dino} xoom hl l .49
01[12:16] {&Threei}  missed it at .34
01[12:16] {&Threei}  but I would if I wre awake at the moment
[12:17] {Alexs} why , it still looks good
[12:18] {cipher} SHPG l..06
01[12:18] {&Threei}  yes
01[12:18] {&Threei}  but being half cent of 1:1, why not take partial
01[12:18] {&Threei}  lunch time
[12:19] {nemo} hey dino, vmw looks ready to come in again, vwap at .60ish
[12:19] {dino} on my screen
[12:24] {nemo} http://www.videb.com/video/185/
[12:28] {+cc_9} GMCr another leg up
[12:28] {+cc_9} last time had trouble 78.40, another attempt here
[12:29] {+cc_9} GMCr, come on baby push, this is no time to slack
[12:30] {cipher} out SHPG .36 +.30
[12:30] {+cc_9} GMCR 78.50 offer
[12:31] {+cc_9} here we go, at last
[12:31] {+cc_9} 15min looking a tad better
[12:34] {cipher} conn getting ready
[12:34] {cipher} conn l .06
01[12:35] {&Threei}  hald out
[12:35] {+cc_9} GMCR come on now,
[12:38] {+cc_9} GMCR at last!
[12:38] {Alexs} wmt 1:1 finaly
[12:39] {+cc_9} GMCR closing in on $79 :D
[12:39] {+cc_9} rollercoaster trade
[12:41] {jdetente} how many diaper changes?
[12:41] {+cc_9} none, going raw on the chair
[12:43] {+cc_9} } $79.00 come on
[12:43] {+cc_9} lets get some teens here
[12:49] {+cc_9} i swear its like they can see my offer sitting at 79.15...
[12:49] {+cc_9} goes to .11 and drops back on bid
[12:49] {+cc_9} take my .15 !
[12:50] {+cc_9} ok thank you!
[12:50] {+cc_9} } $79.20, unloading
[12:50] {cipher} out CONN .34 +.28
[12:53] {+cc_9} All out GMCR, last batch 79.41
[12:54] {cipher} CONN l.40
[12:56] {+cc_9} GMCR im going to regret having made money
[12:57] {cipher} out CONN .69 +.29
[12:58] {dino} gj
[13:09] {dino} out xoom ave .87 +.39
[13:11] {dino} cste crazy
[13:11] {dino} out pru .20, +.35
[13:12] {cipher} infi s .00
[13:17] {cipher} stopped .98 +.02
[13:26] {cipher} conn s .22
[13:27] {cipher} stopped .24 -.02
[13:28] {RonS} hey, i thought you were supposed to make money on your stops...
01[13:28] {&Threei}  lol
[13:28] {cipher} lol
01[13:28] {&Threei}  drew, how are you doing?
[13:31] {Alexs} bbry halted
01[13:32] {&Threei}  BlackBerry Enters into LOI with Consortium led by Fairfax Financial (holds 10% stake) to be acquired for $9/shr in cash; total deal valued approx $4.7B
01[13:32] {&Threei}  told ya, takeunder
01[13:32] {&Threei}  majority of holders have it way way higher
[13:32] {cipher} INFI l .02
[14:14] {Alexs} looks like $9 for bbry is still a very good price
[14:14] {nemo} 0 is too expensive
[14:19] {+cc_9} ok back
[14:19] {+cc_9} GMCR $81.00 ???? nooooooooooooooooooo
[14:23] {nemo} awwww. Mr. Bill
[14:23] {nemo} gmcr bounce here
[14:25] {jdetente} oh no Mr. Bill
[14:26] {dino} afternoons are still dead
[14:29] {+cc_9} hope someone caught YELP
[14:33] {+cc_9} oh yea, i also see BBRY spiked earlier :D
[14:34] {nemo} fb bounce territory
01[14:44] {&Threei} Long Setup:  FB  .10 break
01[14:45] {&Threei}  If holds  47
[14:51] {jdetente} there was 1:1
01[14:51] {&Threei}  1:1 :)
01[14:52] {&Threei}  babies are candiless today again
[14:55] {robbers} Out half at .29
01[14:56] {&Threei}  :)
[15:21] {nemo} aapl is holding up the market today
01[15:28] {&Threei} Long Setup:  GLD  .70 break
01[15:28] {&Threei}  If holds  .60
[15:35] {dino} wcg spike
[15:37] {RonS} got nothing wcg
[15:37] {dino} sm s .54
[15:38] {dino} stop .84
[15:38] {nemo} ow
[15:40] {dino} short .00 break
[15:42] {nemo} gdx
[15:43] {dino} cov wcg .54, +.44
01[15:43] {&Threei}  drew, you here?
01[15:43] {&Threei}  wtg dino
[15:43] {dino} ty
[15:50] {Will49} Interesting day Vad...tks for the calls
[15:50] {Alexs} Vad remind me please that tech analysis book
[15:50] {nemo} Magee
[15:51] {nemo} http://amzn.to/19ukRhM
[15:52] {Alexs} ty nemo
01[15:52] {&Threei}  yup
[15:52] {nemo} don't ask me to share anymore
01[15:52] {&Threei}  thank you all
01[15:52] {&Threei}  have a great evening, see you tomorrow
[15:52] {Alexs} lol
[15:52] {jdetente} thanks Vad. See ya guys manana
[15:54] {dino} wcg again

Market Week Wrap-up

TradeTheNews.com  Weekly Market Update: Fed Confounds Expectations on QE Taper; Summers Steps Aside

- Two Fed-related surprises drove the market action this week. First, on Sunday, Larry Summers withdrew from the Fed Chairman selection process, setting off a risk-on rally based on expectations that the more dovish and collegial Janet Yellen was again the frontrunner to replace Chairman Bernanke. Then on Wednesday, the FOMC surprised markets by deciding not to reduce monthly asset purchases under its QE3 program. Coming into the week, the consensus view was that the Fed would announce a reduction of $10-15B in asset purchases (to $70-75B a month) at the Wednesday FOMC meeting. After the decision, Bernanke said unemployment remains at unacceptable levels and economic data does not yet warrant a reduction in asset purchases. Global equity markets moved sharply higher after the decision and sovereign bond yields dropped, with the yield on the 10-year UST falling as low as 2.67% after just about touching 3.00% in the prior week. Gold has gained more than 6% in the aftermath of the Fed announcement, with spot gold trading as high as $1,370. The US data out this week was mixed, with relatively strong Empire and Philadelphia Fed manufacturing surveys, while initial weekly jobless claims are poised to drop below 300K. August existing home sales hit another six-year high, although the August housing starts and building permits did not quite rise to high expectations. Some of the market gains after the Fed surprise on Wednesday were erased by Friday, in part due to the Fed denting its credibility with the markets. For the week, the DJIA gained 0.6%, the S&P500 rose 1.3% and the Nasdaq added 1.4%.

- For sharp observers, the Fed's decision to hold pat on QE should not have been terribly surprising. Chairman Bernanke and the full spectrum of Fed officials have reiterated for three months that any decision to taper would be primarily data-driven, and there was a minority view among analysts that recent data softness might stay the Fed's hand. In retrospect, the decision to hold was even less surprising given the growing likelihood of a fiscal crackup in Washington later this month. Many observers commented that Bernanke appeared to downplay the 7% unemployment threshold after he neglected to mention the level until asked about it in the press conference by a journalist. Bernanke responded by saying there is "no magic number" the Fed is looking at for tapering and ending QE. The sole dissenter in the decision, Ester George, did say that the taper should have begun this month as waiting for more good data unnecessarily discounts very real economic progress, and warned that Fed credibility is now at risk. Now the focus is on whether the taper will begin at the next FOMC conclave in October or the December meeting, or later.

- Larry Summers removed himself from consideration to succeed Chairman Bernanke, citing high likelihood of an "acrimonious" confirmation process. Congressional opposition to Summers had been gradually building over the summer, and late last week a brace of key US senators said they would vote against his confirmation if he were selected. The move left Janet Yellen as the de-facto front-runner, although there was talk that former Fed vice chairman, Don Kohn, was also in the running.

- With Congress racing toward the end of the federal government's fiscal year on September 30, the deadline to avert a government shutdown, the House GOP continued to place roadblocks in the way of short-term budget extension. Democratic and Republican Congressional leaders traded rhetorical barbs all week long but there was no substantial progress in resolving the budget standoff. On Friday, the House passed a bill with a short-term extension of government funding that would also defund Obamacare. Senate Majority Leader Reid said the House bill was dead on arrival in the Senate, and Speaker Boehner indicated he fully expected the political wrangling over the stopgap spending bill would stretch at least into next weekend.

- Over the weekend, the US and Russia agreed to a plan to corral Syria's chemical weapons that gave the Assad regime one week to disclose a comprehensive listing of stockpiles and requires it to allow inspectors to complete weapons liquidation by mid-2014. By Friday Damascus had submitted an "initial disclosure" of its chemical weapons program to the UN. WTI crude futures dropped to their lowest levels since before the August 21st chemical weapons attack, closing out trade on Friday below $105/barrel.

- The German parliamentary elections are set for this weekend, pitting Chancellor Angela Merkel's conservative CDU/CSU and FDP coalition against a leftist coalition led by the SPD. Last Sunday, Merkel allies won a strong victory in the Bavarian state election, which also saw increasing support for the anti-euro AfD party. The latest polls suggest the CDU/CSU block should take about 40% of the vote, although the FDP is polling right around 5%, the threshold for getting any seats in the Bundestag. If FDP misses the threshold for representation, Merkel will face the difficult choices of forming a new coalition with the troublesome anti-euro AfD party or a grand coalition with her old rival, the SPD.

- With the fall earnings season now on the horizon, firms have begun offering Q3 profit warnings. Manufacturer Rockwell Collins offered a terrible FY14 view on the assumption that the sequester is here to stay. Shares of Outerwall (formerly known as Coinstar) dropped sharply on Monday after the firm trimmed its financial targets for the current quarter and the full year. Trucker Werner Enterprises offered a Q3 outlook that fell well short of the consensus view, citing a wide range of issues. Steel names Nucor, Steel Dynamics and AK Steel all offered Q3 guidance, although only the latter offered a divergent view, which was way below consensus. Friday afternoon, Blackberry confirmed it would slash over 30% of its workforce and reported preliminary Q2 results far below expectations, blaming it on weak demand for the new Z10, its entrant into the high end touchscreen smartphone market.

- Currency markets moved primarily off of the Fed announcement this week. EUR/USD held very steady around 1.3350 into the decision and then rose more than two big figures to trade just shy of 1.3570 on Thursday morning, before settling down to 1.3540 at the end of the week. The yen came into the decision pivoting around 99, then dipped as low as 97.80 on Wednesday and finally rising right back up to around 99.50 on Thursday and into the end of the week.

- The other big central bank news this week was from India, where the RBI surprised markets by hiking its Repurchase Rate by 25 bps to 7.50%.





TradeTheNews

Sept 20 2013

Nice way to start the day, one of two winning trades before even first 15 min passed by:

  7 X 7 OFFER dwindled to 2 X 2

                                                          ONLY 2 LEFT!
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We are running a 10% discount for this course as a limited time and number of participants offer. Starting tomorrow and for the next (formerly 7) 2 days, (formerly 7) 2 courses are offered with coupon 15765B6679. Copy it and paste in Coupon Number field when signing up for the course. Offer will run from Sept 13th to Sept 21st or until 7 courses are purchased, whichever comes first!

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6 calls, 6 wins, 100% day. Can Friday be any better to close successful week? 


Session Time: Fri Sep 20 00:00:00 2013
[08:51] {nemo} You are a little soul carrying around a corpse. ~ Epictetus
[08:52] {nemo} gonna' wanna' look at ivv instead of spy today because of ex div.
[09:03] {dino} gm
01[09:04] {&Threei}  morning dino
[09:17] {robbers} Morning, Drew, nice to have you back.
01[09:18] {&Threei}  robbers :)
[09:18] {nemo} I'll be nice
[09:18] {ese} gm
01[09:18] {&Threei}  I appreciate the effort
[09:18] {nemo} I'll have to start drinking though
01[09:18] {&Threei}  couldn't be easy for you
01[09:18] {&Threei}  ese :()
[09:18] {nemo} ese's here too
[09:18] {nemo} this is gonna' be really hard
[09:18] {robbers} To you nice is a four-letter word.
[09:18] {nemo} love
[09:19] {ese} fat chance
[09:19] {nemo} that's four letters
[09:19] {jdetente} morning all
[09:19] {robbers} Wrong four.
[09:19] {ese} jd
[09:19] {Will49} gm
[09:19] {nemo} "punch"
[09:19] {nemo} ese dcc
[09:19] {RonS} gm...fore is a four letter word...
01[09:20] {&Threei}  jd, will, ron :)
01[09:20] {&Threei}  four is four letter word
[09:21] {ese} hmmmmm....doof, nerd........?
[09:22] {RonS} drmr?
01[09:23] {&Threei}  no such symbol
[09:23] {drewj} hey robbers...thanks
[09:23] {drewj} gm all
01[09:24] {&Threei}  drew :)
[09:24] {RonS} ese's license plate for drummer...
01[09:24] {&Threei}  lol
[09:24] {+cc_9} Good morning people
01[09:25] {&Threei}  cc9 :)
[09:25] {+cc_9} Kind pre-market remind : Today is triple witching
[09:25] {Will49} go back to bed
[09:25] {+cc_9} no u
01[09:25] {&Threei}  oh you two
[09:25] {Will49} should have been a question cc
[09:26] {Will49} go back to bed?
[09:26] {cipher} gm
[09:26] {+cc_9} RNA = went public in June.
[09:26] {+cc_9} Today its -75% overnight
01[09:26] {&Threei}  cipher :)
[09:27] {Will49} is the strategy any different for us on triple witching day?
[09:27] {RonS} failed trial  rna
01[09:27] {&Threei}  btw, yesterday I figured out how nemo is different from other humans
[09:27] {Alexs} gm
01[09:27] {&Threei}  alex :)
01[09:27] {&Threei}  we were all taught to do what when life hands us lemons?
01[09:27] {&Threei}  right
01[09:27] {&Threei}  not nemo though
[09:28] {Will49} uses them for target practice?
01[09:28] {&Threei}  he makes lemonade, finds someone to whom life naded vodka and has a party
01[09:28] {&Threei}  handed
[09:28] {jdetente} smart man
01[09:28] {&Threei}  alex... missed your fair share yesterday
01[09:28] {&Threei}  we handed it to nemo instead
[09:29] {Alexs} :)
01[09:29] {&Threei} Short Setup: GDX  .85 break
01[09:29] {&Threei}  late
01[09:30] {&Threei}  ugh
[09:30] {+cc_9} RNA $6.00 lol
[09:31] {nemo} yeah, took it in the shorts 60 grit
01[09:32] {&Threei} Short Setup: GDX  .85 break
[09:32] {nemo} 50 sma is 27.14ish
01[09:32] {&Threei}  If holds  .92
[09:32] {+cc_9} RNA $6.20
[09:32] {nemo} you might want a 2 sider for that because the 50 is just overhead
[09:33] {+cc_9} RNA $6.40 lol
[09:33] {nemo} what news?
01[09:34] {&Threei}  stop to .91
01[09:34] {&Threei}  1:1
01[09:34] {&Threei}  by the book from here
[09:35] {+cc_9} RNA blowing up $6.60
01[09:35] {&Threei}  1:2
[09:35] {robbers} Out, thanks.
[09:36] {jdetente} nice way to start a Friday
01[09:36] {&Threei}  :)
01[09:36] {&Threei}  (US) House expected to vote today around 10:30ET on stop-gap funding bill that would also defund Obamacare
01[09:36] {&Threei}  yeah
01[09:36] {&Threei}  out in full
01[09:36] {&Threei}  close enough to 1:3
01[09:36] {&Threei}  and dropped quite hard
[09:37] {Will49} nice start Vad tks
01[09:38] {&Threei}  yw
[09:39] {dino} pru sm l .58
[09:39] {+cc_9} RNA $6.70 boooom
01[09:39] {&Threei} Short Setup: GLD  .60 break
01[09:40] {&Threei}  If holds  .70
[09:40] {+cc_9} $6.90 blowing upppppppp
[09:40] {+cc_9} $7.20000000
[09:40] {+cc_9} sorry guys, its just the excitement
[09:40] {nemo} 10 likely
[09:41] {nemo} change your underwear
[09:42] {+cc_9} all out
01[09:42] {&Threei}  wtg
[09:42] {+cc_9} RNA Long entry }}} http://img833.imageshack.us/img833/4156/1jdg.jpg
[09:42] {jdetente} nice one cc
[09:42] {nemo} you doing ese lots on that cc?
[09:42] {+cc_9} RNA exit }}} http://img708.imageshack.us/img708/1438/kmao.jpg
[09:42] {+cc_9} thanks guys :D
[09:43] {dino} icpt pulp all over the place
[09:44] {+cc_9} RNA going to $8.00 without meeeeeeeeeee
[09:44] {+cc_9} brb, going to ebay to order new monitors
[09:44] {RonS} qcor into the gap...
[09:44] {nemo} first fib level above 10
[09:45] {dino} vsm l icpt .01
[09:47] {+cc_9} Ron, you in QCOR ?
[09:47] {robbers} Out thanks.
01[09:47] {&Threei}  uh oh
01[09:47] {&Threei}  Habitable conditions on Earth will be possible for at least another 1.75 billion years, according to astrobiologists.
01[09:47] {&Threei}  gotta hurry...
[09:49] {jdetente} GLD dropping nicely
[09:50] {dino} out pru .89, +.31
01[09:50] {&Threei}  wtg
[09:50] {dino} ty
[09:51] {+cc_9} QCOR nonstop
[09:51] {+cc_9} gap does not close until 52s, but i doubt it needs to go there in a single session
[09:55] {+cc_9} largest volume bar all day QCOR
[09:55] {+cc_9} could see bottom shortly.
[09:55] {dino} phh sm s .99
[09:55] {ese} ya but.....just think of the potential revenue for 1.75 billion iphones eh
[09:55] {ese} go long apple i'd say
[09:56] {dino} think you just did
[09:58] {+cc_9} QCOR see if it can clear $57.00 on this reversal
[09:58] {dino} gap is the siren call
[09:58] {nemo} women...
[09:59] {ese} I have 1 shs of it dino at 382.00 for the hell of it ...it's been interesting to watch
[09:59] {dino} 200 from 34 few years ago
[10:00] {ese} nice.....that beats my 1 for sure......bought it july 11 just before the run up 2012
[10:01] {dino} i need chart to find date long time ago. ipod beginning. in joint account, got lucky
[10:01] {+cc_9} QCOR coming back
[10:01] {ese} lol
01[10:01] {&Threei}  drew, how are you doing?
[10:02] {drewj} fine...just paper tradeing today
[10:03] {drewj} i thought a lot about what you guys said the other day about price being the most important thing
[10:03] {drewj} makes a lot of sense
[10:04] {dino} daytrading is a different beast drew. gl
[10:04] {drewj} support and resistance are extreemly important
[10:04] {nemo} Dolly Parton's mantra
[10:05] {drewj} lovely lady
[10:05] {Will49} :)
[10:05] {+cc_9} QCOR wall now 57
[10:06] {dino} going for lod qcor
[10:07] {dino} hmmm, or not
[10:08] {+cc_9} 56 - 56.50 jam with 57 wall/breakout
[10:08] {RonS} qcor pulp, srpt extreme pulp
[10:08] {+cc_9} longs will get back in on 57 break
[10:08] {dino} drug failure srpt
[10:09] {nemo} aem short
[10:09] {+cc_9} dino, no
[10:09] {+cc_9} GSK failure
[10:09] {+cc_9} but affecting other bios yes
[10:09] {dino} rival, just saw that, sorry
[10:09] {+cc_9} GSK failure = GSK stock up
[10:10] {dino} cov phh .69, +.30
[10:13] {dino} out icpt .70, +.69
[10:13] {dino} wicked
[10:13] {+cc_9} notice how each time QCOR gets close to lows, they put ~ 0.15-0.20 spread
[10:14] {Will49} dino on fire
[10:15] {+cc_9} QCOR crater
01[10:19] {&Threei} Long Setup:  IWM  .05 break
01[10:19] {&Threei}  If holds  .95
01[10:23] {&Threei}  stop to .99
[10:29] {dino} ioc drop
[10:30] {nemo} algo view:  http://bit.ly/1dZdQfB
[10:31] {+cc_9} good ol' IOC, the king of pulp
[10:31] {dino} pretty much
[10:33] {dino} txtr
[10:33] {+cc_9} QCOR a comeback attempt from the depths of hell
[10:35] {nemo} reshort would likely be 57 area
[10:36] {ese} L tibx .55
[10:39] {ese} am hoping the spyders have made there low of the day.......anyone want to offer me an opinion
[10:39] {nemo} you're out of your mind
[10:40] {+cc_9} ese, today is triple witching, could get out of whack towards the close
[10:40] {ese} lol
[10:40] {nemo} Quad witching I thought
[10:40] {ese} ya true cc
[10:40] {+cc_9} octo witching, f**k it
[10:40] {RonS} lol
[10:40] {ese} lol
[10:40] {nemo} heavy flow day I guess
[10:41] {+cc_9} QCOR pulling an old Tim Tebow
[10:41] {RonS} praying?
[10:41] {fish_49} Nemo  what is triple witching day and are you wearing sunglasses?
[10:41] {+cc_9} that too
[10:41] {nemo} no...drinking appt got switched to Sunday
[10:41] {+cc_9} Fish, triple witching : http://bit.ly/1fhAfCM
[10:42] {nemo} Fish, quad witching : http://bit.ly/18G0Et8
[10:43] {+cc_9} Fish, ocot witching : http://bit.ly/Jlsc9d
[10:43] {nemo} it tends to artificially affect price action
[10:43] {RonS} w/ weeklies now isn't it poly witching today?
[10:43] {nemo} wiccan expiration
[10:44] {nemo} somebody should have shot that bitch
[10:44] {RonS} who?
[10:44] {nemo} Octomom
[10:44] {RonS} ah
[10:44] {+cc_9} QCOR the comeback kid, $57_
[10:44] {nemo} cc's seems to have a fetish for her
[10:44] {RonS} what about the doc?
[10:44] {nemo} draw and quarter
[10:45] {RonS} yep
[10:45] {nemo} I'd take him apart one joint...nah, I'd skin him
[10:45] {nemo} leave the sob alive
[10:45] {+cc_9} those are some wild fantasies you got there nemo
[10:46] {+cc_9} take it easy bud
[10:46] {nemo} just take the top 3 or 4 dermal layers from his entire body.. I'd also slice his achilles
[10:46] {RonS} thinking you need hunting seaon...
[10:46] {RonS} season
[10:46] {nemo} nah, not same kind of gratification as making assholes suffer
[10:47] {Will49} nemo...do you watch Dexter?
[10:47] {nemo} no
[10:47] {nemo} frickin' amateur hour
[10:47] {Will49} right up your alley
[10:47] {RonS} no need...he is?
[10:47] {Will49} Dexter Plus
[10:47] {nemo} frickin' choirboy
[10:48] {fish_49} Ahh thanks Nemo.  I knew about the rollover  just didn't hear it called that b4.  I already switched over trading the Z (December) Contracts
[10:48] {Will49} every trading room should have at least one psychopath
[10:48] {nemo} I'm hardly a pscyhopath...I just have the ability to go wherever the situation requires mentally and physically
[10:49] {RonS} always liked it when there was another...magoo...
[10:49] {Will49} hey look! NSA is actually trying to get in the room
[10:49] {+cc_9} nemo is a sick man
[10:49] {fish_49} Magoo?  did not see that name for a long time  what happened to magoo?
[10:49] {nemo} cartoon was cancelled
[10:49] {RonS} lol
[10:50] {+cc_9} uh oh
[10:50] {nemo} QCOR this area for reshort
[10:50] {RonS} sounds like one of mine...
[10:50] {+cc_9} did someone call the party van ?
[10:50] {nemo} right here might be a good idea
[10:51] {ese} speaking of magoo......dino?   what da heck is he up too...........make sure you say hi to him for us....and we miss him on the board
[10:52] {+cc_9} lol @ nsa unable to get access
[10:52] {ese} and well he should be with a nick like that
[10:52] {RonS} we don't need no stinkin NSA...
[10:52] {nemo} I'm going to a ceremony at Ft. Meade next Spring
[10:52] {+cc_9} its for your own good Ron
[10:52] {ese} ya well ....the stuff we talk here is national security stuff don't you know
[10:53] {Will49} they want nemo
[10:53] {nemo} nah, they're naming the education complex after my uncle
[10:53] {Will49} haha
[10:53] {Will49} really?
[10:53] {nemo} I'm serious
[10:54] {nemo} He was a legend at the agency
[10:54] {nemo} spoke 16 languages
[10:54] {Will49} too bad you got left out of the gene pool
[10:54] {RonS} was his tongue double jointed?
[10:54] {nemo} last 10 years of his career he ran training world-wide
[10:54] {nemo} GS-18 Deputy Director
[10:55] {RonS} wow
[10:55] {+cc_9} Is that how you learned to skin people nemo ?
[10:55] {fish_49} 18?
[10:55] {nemo} yep
[10:55] {nemo} No, that was someone else
[10:55] {RonS} Rambo
[10:56] {nemo} not exactly, ex Spetznaz/Legion de Francais Colonel
[10:56] {fish_49} after 15 it goes to SES (Senior Executive Staff)
[10:56] {nemo} yeah, they changed the designations in the 90's I think...either way, he was an 18
[10:57] {+cc_9} QCOR still pushing, 57.20s offer
[10:57] {fish_49} ahhh I retired as a 13  Jumior Exec Staff  lol
[10:57] {nemo} He was one of the charter employees, went over from State when Truman signed the order establishing NSA in 1952
[10:58] {ese} thats cooler than cool nemo......
[10:58] {ese} what an honor
[10:58] {fish_49} Ahhh  really?  He was in the State Department?  what a cool place to work...
[10:58] {nemo} Oh, he was awesome guy, we had a great time together
[10:58] {Will49} yeah nemo...you are obviously very proud of him
[10:58] {ese} is he there to cut the ribbon and stuff......or ...are you doing it
[10:58] {RonS} unless you were in Benghazi...
[10:59] {nemo} I don't think he'll be there...remember Summer of '10 when I was kinda AWOL, he was dying, I was helping take care of him...I actually gave the eulogy at his funeral mass
[11:00] {fish_49} touching   I make rule #8 in my plan not insulting Nemo for one day
[11:00] {ese} yes......
[11:01] {Will49} amen
[11:01] {nemo} Guy had serious joie de vivre
[11:01] {ese} nice
[11:01] {nemo} when he retired he added a library to his house
[11:01] {nemo} vaulted ceilings stacked with books
[11:01] {nemo} we'd never leave that room
[11:03] {nemo} I'd sit down to read a book, then he'd pull another one that addressed the same subject from a different angle, plus we both spoke German-we'd go over the German poets and literature, drink wine...always a joyful learning experience with him....I was Veeeeeeery Lucky
[11:04] {nemo} Funny as hell, when he was in Germany in his early 50's back in 83-84, he had an office party.  Made all the men from the Office play "The Country Game"
[11:04] {Will49} biggest influence in your life?
[11:04] {RonS} wow def of pulp srpt
[11:04] {jdetente} that's really awesome nemo
[11:04] {nemo} It's a drinking game where you start with the letter A and proceed accordingly, each time you had to pick a different booze
[11:05] {nemo} Next morning we're slouched at the breakfast table
[11:05] {nemo} He told me just before he died, that was the last time he played
[11:06] {nemo} I think I made it to M
[11:07] {nemo} I don't know if he was the biggest, but right up there...You don't get to meet many like him
[11:08] {nemo} One of his former employees said about him, "You never feared him, you just never wanted to disappoint him."
[11:08] {nemo} Now that's a boss
[11:08] {fish_49} agreed
01[11:10] {&Threei}  that can be said only of a big person
[11:10] {+cc_9} QCOR 57.40+
[11:11] {nemo} He was a teacher first
[11:11] {Will49} thanks for sharing that nemo
[11:12] {nemo} Although he could be a soloist of the highest virtuosity, his greatest joy was in the choir of family and friends around him
[11:13] {nemo} Sure
[11:13] {nemo} I guess I kinda' ruined my image, huh?
[11:14] {Will49} if softening = ruining...yes
01[11:15] {&Threei}  not even close to my mafia roof guy who ran the neighborhood, about 1/3 of a city, when he confessed that when he has insomnia he cleans the house
[11:15] {Will49} :)
[11:15] {fish_49} Glad he didn't clean your house Vad
01[11:16] {&Threei}  hehe
01[11:16] {&Threei}  we were friends... as much as you can be friend with this type
01[11:16] {&Threei}  I was sad when he was shot
[11:17] {fish_49} shot dead?
01[11:17] {&Threei}  yes
[11:17] {fish_49} oh BTW Vad  I wanted to say thanks
01[11:17] {&Threei}  leaving the bar at 3 am
01[11:18] {&Threei}  3 shooters, execution style
[11:18] {Will49} did he leave a toilet seat up?
01[11:18] {&Threei}  two took out his guards, one emptied machine gun into him
[11:18] {fish_49} Who cleans his house now?
[11:18] {RonS} lol
01[11:18] {&Threei}  I didn't stick around to find out
01[11:19] {&Threei}  thanks for what, fish?
[11:19] {fish_49} I may have knew from school years but forgot and was reminded last night that we bought Alaska from Russia
01[11:19] {&Threei}  ah yes
01[11:20] {&Threei}  generations regretted that, and still do
[11:21] {fish_49} I thank the Japs also if there are any in the room
01[11:21] {&Threei}  what did they give you?
[11:21] {fish_49} because they occupied parts of Alaska during WWII we created the major highway that people said could never be built because of the rough terrain
[11:22] {RonS} oof, learned the hard way US Japanese-Americans hate the word Jap
[11:22] {jdetente} Yeah that's not really a good word
[11:22] {RonS} didn't understand until saw a life-size replica of the camps at the Smitsonian Museum
[11:22] {fish_49} ohhh sorry hope I did not offend anyone
[11:23] {RonS} Smithsonian
[11:23] {fish_49} Japs Yanks  not really a bad term in my mind
[11:23] {robbers} Yeah, lived in Tokyo for three years, they do hate that, it's the "N" word to them.
06[11:23] * &Threei slaps fish_49 around a bit with a Dictionary of Political Correctness
[11:23] {robbers} So I used Nip instead.
[11:23] {jdetente} hahahaha
[11:23] {dino} lol
[11:23] {RonS} could give a shit if a Japanese does not like Jap...they are Japs
[11:24] {jdetente} there was a ton of racism out here in California during the war
[11:24] {jdetente} people dispossessed of land etc
[11:25] {RonS} Fave magazine cover (from UK) was when PM of Japan was visiting UK for the first time in history:  "There's a Little Nip in the Air"
[11:26] {robbers} On a cold night, many nips in the air there.
[11:26] {fish_49} the Older Koreans  Hate the Japanese,  My wife is ok with them but her parents wont allow her to own and Japanese products
01[11:26] {&Threei}  no photograhy as a hobby for her then
[11:27] {jdetente} yeah the Japanese themselves have a very long history of racism towards all of the other Asian cultures...
[11:27] {fish_49} yea  she is stuck with small Samsung cam on her phone
[11:27] {fish_49} lol
[11:27] {jdetente} plus massacres
01[11:27] {&Threei}  well... unless you agree to pay for Leika :)
01[11:27] {&Threei}  which btw lately is made by Panasonic anyway, lol
[11:28] {fish_49} yes JD  and when they left Korea they took a lot of ladies and children with them to be slaves
[11:28] {jdetente} yup. lot of ugly things happened over there
[11:29] {jdetente} plus the Japanese government has never apologized for all of the bs they pulled during the war
[11:29] {jdetente} anyway enough serious talk...haha
01[11:30] {&Threei}  I challenge anyone to show any area in the world where no ugly things happened
[11:30] {Will49} Tibet
01[11:30] {&Threei}  uhhu
01[11:30] {&Threei}  lol
[11:31] {jdetente} nice one Will haha
01[11:31] {&Threei}  ask Dalai lama
[11:31] {nemo} Tibet is not the nice pacifist place it's passed of as being
[11:31] {Will49} No?
[11:31] {nemo} no
[11:31] {Will49} how so
[11:32] {Will49} ?
[11:32] {nemo} They're no different than anybody else, you don't want to be a foreigner wandering in there un escorted
01[11:32] {&Threei}  go to Maui, enjoy amazing nature and climate, visit Iao Needle, soak in the view - then read how local natives wars unfolded there to a degree where the river was literally blocked by bodies
[11:32] {Will49} come to think about it, the young monks are getting militant
[11:32] {RonS} the whole country is a religious shakedown...Tibet
[11:33] {nemo} Tibetan Buddhism is not Buddhism it's the Bud-ha
[11:33] {Will49} and Buddhism isn't a religion
[11:33] {nemo} spiritual discipline
[11:33] {nemo} kinda'
[11:33] {Will49} yes
01[11:33] {&Threei}  (US) House of Reps passes stopgap spending bill funding govt through Dec 15; eliminating all funding for the Affordable Care Act, as expected**Reminder: 09/19 : (US) Senate Majority Leader Reid (D-NV): Any bill that defunds Obamacare is dead on arrival in the Senate
[11:34] {RonS} prefer my Bud-cold...
[11:34] {Will49} lol
[11:36] {+cc_9} QCOR pushing near $58
[11:38] {fish_49} they love playing games
[11:42] {+cc_9} QCOR } $58.30, the mother of all comebacks!
[11:44] {nemo} finnies coming into support, look for spy bounce
[11:45] {RonS} oldie but goody:  We go to the movies to be entertained, not to see rape, ransacking, pillage and looting. We can get all of that from the stock market. – Kennedy Gammage
01[11:46] {&Threei}  lol
01[11:46] {&Threei}  good thing about stock market though...
01[11:46] {&Threei}  any guess??
[11:46] {RonS} no
01[11:47] {&Threei}  it's us who get a chance to do pillaging and looting
[11:47] {nemo} no rape?
[11:47] {RonS} lol
[11:47] {RonS} look srpt
01[11:47] {&Threei}  nah... I enjoy having asking nicely and being given, umm... the askee

A few edited out comments intended for strictly adult audience

[11:48] {fish_49} man the room going to hell now
[11:49] {fish_49} where do you find these people Vad?
[11:49] {fish_49} lol
[11:49] {Will49} sounds like some sort of tool nemo
01[11:49] {&Threei}  that's one of my multiple talents
[11:49] {nemo} surgical alterations
[11:51] {nemo} P short here
[11:51] {jdetente} that's a hell of a thing to admit nemo
[11:51] {nemo} P=Pandora
[11:51] {nemo} at my age J
[11:51] {jdetente} suuuure
01[11:52] {&Threei}  rofl
[11:52] {nemo} I've got the perfect relationship for my age
[11:53] {fish_49} it took me a minute to understand JD  but now lol  I said I would not insult him but ok for others  to do it
[11:53] {fish_49} lol
[11:53] {+cc_9} i left a little bit ago when nemo was talking about skinning people, only posted updates on QCOR, now im back and reading...and what the shi*t am I reading about gagging and tears for ?
[11:53] {nemo} no one made you
[11:54] {nemo} that was an insult, oy
01[11:54] {&Threei}  ok, let's drop it before heavy editing becomes an issue
[11:54] {RonS} lol...heavy editing...
[11:54] {nemo} skip it today, tell them you took the day off
[11:54] {nemo} yeah, my though exactly Ron
[11:55] {nemo} who did that album?
[11:55] {+cc_9} #requesting backup, all units codenemo#
[11:55] {jdetente} LOL
[11:55] {RonS} lol...roomcleanup police
[11:57] {+cc_9} ok back to market
[11:57] {+cc_9} SPY fresh lows
[12:00] {+cc_9} im just now noticing SSO did not actually gap down while SPY did
[12:00] {nemo} ex div
[12:00] {+cc_9} SPY near its price pre-Fed announcement, SSO way above
[12:00] {+cc_9} ahhhhhhh
[12:00] {+cc_9} nemo finally coming in handy
[12:00] {nemo} mmmmhhhh
[12:01] {nemo} look at ivv cc
[12:03] {+cc_9} yup, thats more like it
[12:03] {nemo} yeah, this will screw up pivots for Monday
[12:03] {nemo} on spy
[12:04] {+cc_9} Lets hope for a massive price adjustment on equities EOD
[12:04] {nemo} yeah, rebalancing today
[12:06] {nemo} Oh guys, one more interesting tidbit on my uncle:  When they diagnosed his brain tumor at the age of 80 at John's Hopkins, two thinks stood out:  His was the largest physical brain they had ever measured, and it had the plasticity of a person in their 20's
[12:08] {fish_49} most of his family have High IQ?
[12:09] {nemo} yes...but I could argue with some of the programming
[12:10] {RonS} how do you measure brain plasticity pre mortem?
[12:10] {nemo} I don't know how they could, it may be the quality of MRI's allow that now
[12:11] {fish_49} Gentics passed on his genes
[12:11] {nemo} I know there were significant resolution improvements in newer machines from ones pre-2004
[12:12] {nemo} Funny, I remember sitting watching him read books.  To me it looked like he was just flipping pages
[12:12] {nemo} sheesh
[12:12] {fish_49} should have saved brain tissue  to clone
[12:15] {nemo} interesting how tight a range IWM is holding, but the finnies and SPY are weak
[12:21] {+cc_9} no trading till last hour imo
[12:21] {nemo} you know what they say about opinions...
01[12:22] {&Threei}  let me offer you some visul pleasure while there are no compelling plays:
01[12:22] {&Threei}  http://photography.realitytrader.com/2013/09/september-marvels.html
[12:23] {+cc_9} harvest moon last pic = best
[12:23] {fish_49} Vad  how far away from the hawk were you when taking that pic?
[12:23] {fish_49} Agree CC
[12:23] {fish_49} Both harvest moon pics are awesome
01[12:23] {&Threei}  quite far... top of the tall tree
[12:24] {fish_49} its a great zoom
[12:24] {fish_49} your near the base of that tree or further away?
01[12:24] {&Threei}  50-200... unfortunately I didn't have teleconverter then
01[12:25] {&Threei}  I was over the pond
[12:25] {fish_49} Now that I'm retired I want to buy a nice camera and a couple good lens.
01[12:25] {&Threei}  with my 1.4 converter and new camera coming soon, this kind of shots will be more spectacular
[12:25] {fish_49} Come on Vad  make some 1:6 calls  I need that camera
01[12:26] {&Threei}  sorry, mine is spoken for
01[12:27] {&Threei}  killer whale shots were the toughest technique wise
01[12:27] {&Threei}  the rest is easy stuff
[12:27] {fish_49} how much photoshop done on the harvest moon pics?
01[12:28] {&Threei}  not much... some cleanup, little curve correction
01[12:29] {&Threei}  in the last one, combining of two shots for focus stacking
01[12:29] {&Threei}  can't get both moon and driftwood in focus in one shot with tele lens
[12:29] {fish_49} piece it together in photoshop?
01[12:29] {&Threei}  so one shot is focused on the moon, another on driftwood, put together in pp
01[12:30] {&Threei}  they are identical, jujst focused on different points
[12:32] {RonS} Z death
[12:32] {+cc_9} there you have it guys, GDX back to pre-Fed announcement prices :)
[12:34] {+cc_9} Z wow
[12:34] {+cc_9} That's $10 from session highs
01[12:35] {&Threei}  tells you all you need to know about its future
[12:36] {+cc_9} Z : http://www.citronresearch.com/category/citron_reports/
[12:36] {fish_49} Let me have some fun and say I see GDX pause at and bounce at 25.86 and then if it gets to 25.61 is a long for a nice pop
01[12:36] {&Threei}  GLD/GDX become "spike on disaster fear" plays
[12:37] {+cc_9} Z another Citron target.
01[12:37] {&Threei}  (US) Fed's George (hawkish, FOMC dissenter): Decision to hold QE steady was disappointing, expectations were tapered rather than bond purchases- Many costly preparations were made, including Fed communications, to get markets ready for changes to QE. - Fed cannot let markets dictate policy, markets get things wrong occationally.
[12:37] {+cc_9} When Z is done tanking, could see similar move to QCOR
01[12:38] {&Threei}  (PT) S&P places Portugal bank ratings on watch Negative- The factors that could potentially lead us to downgrade Portugal could also have negative implications for our view of the creditworthiness of the Portuguese banking industry in general, and of individual banks. -- We are therefore placing on CreditWatch negative the long- and short-term counterparty credit ratings on all the banks we rate in Portugal
[12:40] {+cc_9} Z trying to catch some bids here
01[12:40] {&Threei}  "Never install subwoofer in Smart car - it will tear the car in half"
[12:41] {+cc_9} Z beautiful
01[12:41] {&Threei} Long Setup:  GDXC  .10 break
[12:42] {+cc_9} Thank you Ron for Z
[12:42] {cipher} thx for heads up on it cc
[12:42] {+cc_9} Z scalp (thanks to Ron) }}} http://img209.imageshack.us/img209/3977/xoyc.jpg
[12:42] {cipher} took a scalp too +.86
01[12:42] {&Threei} Long Setup:  GDX  .10 break
01[12:42] {&Threei}  good job guys
[12:42] {+cc_9} nice going cipher!
01[12:42] {&Threei}  If holds  26
[12:44] {dino} rkt going for 106 gap area
[12:44] {cipher} 2 scalps on Z and my day is fixed lol
[12:44] {cipher} been threading water all day
[12:45] {+cc_9} sometimes, its all you need cipher
[12:45] {dino} gj cipher
[12:46] {+cc_9} I got lucky today catching RNA early, then did some death play on QCOR which worked out after a hellish tank, and finished it with Z. All done now, just watching from a distance.
[12:46] {cipher} thx dino
[12:47] {cipher} same here just sitting back sipping martinis :)
[12:47] {cipher} it's friday after all
[12:48] {+cc_9} that a boy
[12:48] {cipher} got some good trades on ES in the other acct though
[12:48] {nemo} yeah, good time to be sitting back, looking down on the top of a head
[12:48] {cipher} all short
[12:48] {fish_49} same here
[12:48] {+cc_9} gona sit tight till last 30 mins, hopefully indexes get some movement around then
[12:50] {cipher} ok guys, it's been a fun day see ya next week
[12:50] {fish_49} later
[12:50] {fish_49} have a great weekend
[12:50] {+cc_9} Take it easy.
01[12:50] {&Threei}  hace a good weekewnd cipher
[12:50] {dino} cya cipher
[12:52] {RonS} wow, never seen scanner so slow...
[12:54] {+cc_9} this is just for fun, but keep an eye on RNA once the algos let her go off this sideways channel
[12:55] {dino} txtr odd, pulp all over on a secondary?
[13:01] {RonS} de going for the fed pop round trip
[13:05] {+cc_9} RNA new session highs ;)
[13:06] {+cc_9} and now that they let her go, RNA pushing $8.00 round
[13:06] {+cc_9} notice how volume increased @ 12:45PM on RNA after sideways action (spread algo trading if I were to guess)
[13:07] {+cc_9} Also, Z is back to LOD
01[13:08] {&Threei} Short Setup: MCD  .40 break
01[13:10] {&Threei}  GDX stop to .04
01[13:11] {&Threei}  1:1
01[13:13] {&Threei}  have you guys see this incredible footage froma camera on an eagle's back?
01[13:14] {&Threei}  http://thechive.com/2013/09/18/somebody-strapped-a-gopro-to-an-eagle-and-the-results-were-simply-stunning-video/
[13:14] {RonS} ioc doing Mel Brooks
[13:15] {RonS} "It's good to be the King"
[13:15] {nemo} everybody, thank the Queen
[13:16] {+cc_9} Z double bottom, but rules are rules. Done means done.
[13:16] {nemo} I love my peasants!
[13:16] {+cc_9} (internally furious for not picking it back up @ $89)
[13:16] {+cc_9} [screams internally]
[13:17] {+cc_9} RNA hooking $8.00 offer / Z $1.50 bounce (#$%#)
[13:19] {jdetente} that eagle footage is awesome
01[13:20] {&Threei}  isn't it
01[13:20] {&Threei}  hard to believe what latest tech made posasible
[13:20] {jdetente} did you see this one?
[13:20] {jdetente} http://www.youtube.com/watch?v=1XNL9F2Urqs&feature=youtu.be&t=2m40s
01[13:21] {&Threei}  wow
[13:21] {fish_49} cool that they had sound also  sounded like he crashed into something
[13:21] {jdetente} killed that duck
01[13:23] {&Threei}  got some closeup shots of falcon
01[13:23] {&Threei}  amazing bird
[13:23] {fish_49} I was watching Mountain Men last night  the guy raised a falcon for 10 years and set it free after a good meal...  He cried
01[13:25] {&Threei}  https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjVvV1gFbIPeM1_0LAS8gbampinfyeo_tsBx0tfpdcQrIR_sjqNCQD0j2QYPEe85Sfac5WPwz5N0UeGJ-umJXs9ePHyO0RD2kTLTeHIy2IUCIZKvmYWAL6Qu0XOCjIbVGUHgAAvcy0kY8E/s1600/Image00003.jpg
[13:25] {jdetente} that is a great shot
[13:25] {jdetente} beautiful
01[13:25] {&Threei}  staring contest you are not likely to win
[13:25] {nemo} what's that, a piece of meat on it's beak?
01[13:25] {&Threei}  yes
[13:25] {nemo} hawk snot
01[13:26] {&Threei}  here is sideview: https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhVfzvw0Y_0oOPOertTpTahVF9zI2L6kTUM1lqit_0kl7opvd4tolXUqqnpKlnmVnG0t9gLO9xuR5Fwfj6YeKbheoOm6AKnyd9QQNJaATS1bo6p3DDClRTN2cXMleXWKTKYcvMinDUBLyE/s1600/Image00001.jpg
01[13:27] {&Threei}  and another magnificent bird: http://photography.realitytrader.com/2012/08/great-horned-owl.html
[13:29] {+cc_9} Since we are on the nature subject, here is a beautiful video I think Vad and you guys will enjoy : http://www.liveleak.com/view?i=cee_1379644379
[13:30] {nemo} shrooms ;-)
[13:30] {fish_49} fish  cool
[13:30] {fish_49} lol
01[13:31] {&Threei}  wow
[13:31] {nemo} I'd rather cuddle rattlesnakes and shoot people
[13:31] {fish_49} ok Les Junior
[13:31] {fish_49} that's not an insult  it's a step up for you Nemo
[13:32] {nemo} wow...
[13:32] {nemo} frickin' noobs
[13:33] {fish_49} what was the name of that plant that had the bug  for lunch?
[13:34] {+cc_9} the last animal in that video is freaking awesome
[13:34] {RonS} fish...nemo?
[13:35] {fish_49} yes?
[13:36] {nemo} sea creature-fish?
[13:36] {nemo} looks like it might be more closely related to a jelly fish
[13:37] {fish_49} seemed  to have electricity
[13:37] {+cc_9} I think its a mechanism that reflects what ever light is around
[13:38] {+cc_9} but i could be wrong
[13:38] {nemo} depends on depth
[13:38] {nemo} too deep likely  a chemical reaction
[13:38] {+cc_9} Yes, abyss critters create their own light
[13:39] {+cc_9} my great uncle was GS-19 Cousteau
[13:39] {nemo} how gauche
[13:39] {+cc_9} come on...
[13:39] {nemo} come on what?
[13:39] {+cc_9} You take offense too quickly.
[13:40] {+cc_9} There is no need to be upset :)
[13:40] {nemo} Cousteau was actually a nazi-sympathizer
[13:40] {nemo} I'm not taking offense, I'm just being a dick
[13:40] {+cc_9} Nazi sympathizer or not, he was good at what he did.
[13:40] {nemo} stick your chin out like that, what you think I'm not gonna' hit it
[13:41] {nemo} Absolutely, in the 70's there were a series of TV specials "The Undersea World of Jacque Cousteau"  they were awesome
[13:41] {nemo} one of the inventors of SCUBA gear
[13:41] {+cc_9} Yes
[13:41] {nemo} that's why I said it
[13:41] {nemo} sheesh
[13:42] {+cc_9} est ce que c'est de ta nature d'etre casse couilles ?
[13:42] {jdetente} no frog speak please
[13:42] {nemo} Ich habe keine Ahnug was du gesagt hast?
[13:42] {jdetente} nor kraut
[13:42] {+cc_9} lol
[13:43] {+cc_9} Along with the nature video, if anyone is into cooking, this is pretty awesome too : http://www.liveleak.com/view?i=4f3_1379616471
[13:43] {nemo} I'm into eating
[13:44] {nemo} frickin' pottery class
01[13:46] {&Threei}  we have what, 5 for 5 today?
01[13:47] {&Threei}  Alex... how's extraction of fair share going?
01[13:47] {&Threei}  drew? diego?
[13:47] {drewj} what's up
[13:48] {dino} swir spike
01[13:48] {&Threei}  just making sure you are OK
01[13:48] {&Threei}  follow along
01[13:48] {&Threei}  see what we see, execute with no probl;ems
[13:48] {Alexs} thank you Vad for our happy childhood
[13:48] {drewj} actively
01[13:48] {&Threei}  know what to do
01[13:48] {&Threei}  rofl Alex
01[13:48] {&Threei}  Stalin times slogan, for those who don't know
01[13:50] {&Threei}  http://stat17.privet.ru/lr/0a03f16a4538de73ff2d59090d8c244b
01[13:50] {&Threei}  text says what Alex said
[13:50] {Alexs} lol
[13:50] {drewj} so stalin made the poster?
[13:51] {dino} trip spike
01[13:51] {&Threei}  not himslef of course
01[13:51] {&Threei}  he had a lot of talents, but graphoc design pribably was not bloody enough for him
[13:51] {drewj} but he was giving credit to himself
01[13:52] {&Threei}  rather, he made sure that those who didn't give credit to him didn't live to see next week
[13:52] {nemo} I like the match factory story
[13:53] {drewj} How old were you when you left russia?
01[13:53] {&Threei}  35
[14:00] {+cc_9} CTRX 5min, all blood
[14:01] {fish_49} Thanks
[14:02] {+cc_9} GDX : elevator up, stairs down
[14:02] {+cc_9} 15min looks pretty
[14:03] {jdetente} push down the stairs
[14:04] {RonS} wow srpt
[14:30] {dino} scanners dead
01[14:39] {&Threei}  I am afraid I fvorgot about MCD in my math... that must be 6 for 6... no?
[14:40] {Alexs} 5
[14:40] {Will49} 5 X 5
[14:41] {Will49} just an excellent day (so far)
01[14:41] {&Threei}  babies clubbed into oblivion stand on the roadside begging for some candy to be handed back
[14:41] {Will49} lol
01[14:41] {&Threei}  hands extended
01[14:42] {&Threei}  that start of the week mutiny is sipressed mercilessly
[14:43] {fish_49} Drew you did ok today?  Followed rules?  Made money sir?
[14:43] {drewj} actually fish i paper traded today
[14:43] {drewj} no regrets though
[14:44] {drewj} thanks for asking
01[14:44] {&Threei}  paper or not... but, followed the rules strictly? understood all the trades?
[14:44] {drewj} yes
01[14:44] {&Threei}  to a degree where you know you would have executed them just the same with real money?
[14:44] {fish_49} awesome
01[14:44] {&Threei}  that's what matters
[14:44] {drewj} right
01[14:45] {&Threei}  if you do, you will be able to translate that experience in actual trading
01[14:45] {&Threei}  step by step... inch by inch
01[14:45] {&Threei}  cent by cent
[14:45] {drewj} i can see that
01[14:45] {&Threei}  support is there
[14:46] {drewj} that helps a lot
01[14:46] {&Threei}  Lisa Minelli singing
01[14:46] {&Threei} Short Setup: GDX  .75 break
[14:46] {drewj} :)
[14:50] {Alexs} stop .86?
01[14:51] {&Threei}  for now, yes
01[14:51] {&Threei}  want to trail after .70 break
01[14:51] {&Threei}  but it held it this time
[14:54] {fish_49} Out  in full thanks Vad
01[14:54] {&Threei}  already?
01[14:54] {&Threei}  shut up nemo
[14:55] {fish_49} yea
01[14:55] {&Threei}  trail to .82
01[14:55] {&Threei}  .81
01[14:55] {&Threei}  that's 6 x 6
[14:55] {nemo} weird the difference between iwm and spy today, regardless of the ex div
[14:56] {+cc_9} nemo, look at stocks like PB
[14:56] {+cc_9} you see its up today vs the market
[14:56] {+cc_9} PB is a component of the Russell
[14:56] {+cc_9} looks like all those kind of stocks are holding up vs SPY/QQQ
[14:57] {nemo} yes, one would think if the iwm were holding up the components would be also
[14:57] {dino} ok, calling it a week. thx all
01[14:57] {&Threei}  have a good weekend dino
[14:58] {+cc_9} so why is it "weird" that IWM and SPY are not matching today ?
[14:58] {Alexs} why you trail to .81 Vad?
[14:58] {+cc_9} or for lack of better words, moving in tandem.
[14:59] {nemo} seems strange, likely bodes higher prices on Monday if the more speculative stuff is staying up]
01[14:59] {&Threei}  with very good buffer of profit, want to give it a tad more breathing room, to try and utilize bigger drop
01[14:59] {&Threei}  it's in a no lose territory anywat
01[15:00] {&Threei}  and profit protection can be loosened a tad here
[15:00] {nemo} bbry halted
01[15:00] {&Threei}  BlackBerry Said to have hired advisor PriceWaterHouse Coopers (PWC) to assist in possible sale of the company - financial press- Reminder: in early September reports were that the company had hired boutique investment bank Perella Weinberg as one of its advisors as it continues to explore strategic options On 5/29/12, BBRY announced that it had hired J.P. Morgan and RBC Capital to help it review strategic options.
01[15:01] {&Threei}  BlackBerry Halted: news pending
[15:01] {fish_49} oh myyyyy
01[15:03] {&Threei}  it can't be good
01[15:03] {&Threei}  any reasonable takeover price will look as a takeunder to many holders
[15:06] {fish_49} in Government you had to have a blackberry it was the only thing most departments would allow.  over the past year or two many offices were switching to apple products
[15:08] {+cc_9} putting CTRX on watch for Monday for sure.
01[15:21] {&Threei}  BlackBerry Reports prelim Q2 -$0.51 to -$0.47 v -$0.17e, R$1.6B v $2.99Be; board continues to evaluate strategic alternatives; to take charge, cut 4,500 employees
[15:25] {jdetente} alright fellas calling it a week
[15:25] {jdetente} see everyone Monday
[15:25] {Will49} peace jd
[15:26] {fish_49} later JD
[15:26] {jdetente} great way to end the week. Thanks Vad
[15:26] {+cc_9} ok guys, outa here
[15:26] {+cc_9} see you all Monday
[15:27] {Will49} cheers ese
[15:27] {fish_49} have a good weekend
[15:28] {Alexs} fish don't forget to leave my share before you leave
[15:28] {fish_49} I will
[15:28] {fish_49} I made a handful in the room but  cleaned house on the YM shorts
01[15:29] {&Threei}  take care jd, cc
[15:29] {fish_49} they left an hour ago Vad
[15:29] {fish_49} lol
01[15:30] {&Threei}  well, I can only type when I open my eyes
01[15:30] {&Threei}  typing with my eyelids shut is a skill I am working on
01[15:30] {&Threei}  not there yet
[15:30] {Alexs} bbry reopen
01[15:30] {&Threei}  and on last hours I blink sloooooowly
[15:31] {fish_49} Im watching the YM  (DOW futures)  violating a demand zone  I should have held for end of day
[15:31] {fish_49} I took it short all day on pull backs  settled for scalps when if I would have just held all day would have been better off
[15:32] {nemo} you enter, partial, hold a piece, and do additional scalps
01[15:32] {&Threei}  ugh GDX
[15:33] {drewj} have a good weekend guys
[15:34] {fish_49} now it's official  GDX gave back everything from the pre Ben speach
[15:34] {fish_49} you too Drew
[15:34] {fish_49} your right Nemo  however,  I only trade one contract
[15:35] {nemo} ahh
[15:35] {fish_49} if I get good  I will increase
01[15:35] {&Threei}  take care drew
01[15:35] {&Threei}  BBRY...
01[15:35] {&Threei}  man
[15:35] {fish_49} the halt didn't seem to work
[15:36] {fish_49} I wonder if it has a safety trigger to halt again?
[15:36] {fish_49} or let the market be a market?
[15:37] {Will49} have a great weekend guys
01[15:37] {&Threei}  ok folks
[15:37] {fish_49} take care will
01[15:37] {&Threei}  let's call it a day and a week
[15:37] {fish_49} thanks for a good day Vad
01[15:37] {&Threei}  thasnk you all
01[15:37] {&Threei}  have a breat weekend
[15:37] {fish_49} Nemo  take care bro
01[15:37] {&Threei}  I'll see you on Monday!