Sept 06 2013

Nice end to the week, with somewhat of a roller-coaster day as market got roiled by morning numbers and Syria-related remarks. Still, squeezed out a few nice plays that overcame tight stops, and finished with nice 1:2  GLD long on last minutes. Good day to stay calm, disciplined and trade by the book.

Session Time: Fri Sep 06 00:00:00 2013

[09:00] {nemo} Bad News is good news Bull Market

[09:01] {nemo} actually spy is starting to set up short here, see if it holds the trend line

01[09:01] {&Threei}  initial reaction was sharp drop

01[09:01] {&Threei}  and gold sharp spike

01[09:02] {&Threei}  SPY recovered quickly

01[09:02] {&Threei}  gold started retreating slowly

[09:02] {nemo} .10 drop followed by .50 run higher, return to support, and grind up   -to be exact

01[09:02] {&Threei}  actually, much more than that

01[09:03] {&Threei}  tail disappeared now but it was way deeper

[09:03] {nemo} I'm talking SPY

01[09:03] {&Threei}  so am I

01[09:03] {&Threei}  you haven't watched it real time, you haven't seen it

[09:03] {nemo} that was stop hunt...amazing how you can break BBOs

[09:03] {nemo} yeah, I saw it

01[09:03] {&Threei}  then you know it wasn't 10 vcents

[09:03] {nemo} no

[09:03] {nemo} but that was orchestrated

01[09:03] {&Threei}  so you just want to be difficult

[09:04] {RonS} gm...welcome to the wrestling match...

01[09:04] {&Threei}  ron :)

[09:04] {nemo} no, but I see it enough to know it's a premarket manipulation to try and trigger stops

01[09:04] {&Threei}  wrestling? I just show my appreciation for nemo

01[09:04] {&Threei}  if he is not difficult, my world comes down crashing

[09:05] {nemo} comes crashing down

[09:05] {nemo} sheesh

[09:05] {nemo} get the idiom right

01[09:05] {&Threei}  see what I mean?

[09:05] {nemo} predictable-aren't I

01[09:05] {&Threei}  told you, I spoke Yoda before Yoda spoke Yoda

[09:06] {nemo} mmmhhhhh, bunny doing her roadrunner act

[09:06] {nemo} you been training traders for 900 years?

01[09:06] {&Threei}  I spoke Yoda before I was training traders

[09:07] {nemo} think the tribesmen are taking today off?

01[09:07] {&Threei}  who?

[09:07] {nemo} Jews

01[09:08] {&Threei}  I think so

[09:08] {nemo} another low volume day

01[09:09] {&Threei}  (SY) Russia Kremlin Aide: Obama and Putin spoke briefly on the sidelines of the G20 conference, however they are no closer on their mutual positions regarding Syria

01[09:09] {&Threei}  I can imagine that conversation

01[09:09] {&Threei}  O: umm, hi

01[09:10] {&Threei}  P: huh? oh, OK, hi

01[09:10] {&Threei}  O: so...

01[09:10] {&Threei}  P: I don't think so

01[09:10] {&Threei}  O: thought so

[09:10] {nemo} Yeah, bye the way Velody, Robert Kraft wanted me to ask about that Superbowl Ring

01[09:10] {&Threei}  P: see ya

[09:11] {RonS} O: how 'bout them Broncos?

[09:11] {RonS} P:  busted one last night...

01[09:11] {&Threei}  P: I disagree

[09:12] {nemo} Pains me to watch Wes Welker playing for another team

[09:12] {nemo} tough as they come

[09:12] {dino} lol nemo

[09:14] {nemo} man, when he first came to New England, his moves off the line left his coverage standing there with there thumbs up their asses

[09:14] {nemo} their

[09:15] {Will49} gm

01[09:15] {&Threei}  and this guy notices my errors?

01[09:15] {&Threei}  will :)

01[09:16] {&Threei}  people who use their/there/they're interchangeably should be taken out and shot

[09:17] {Will49} maybe this is the texting crowd in action

[09:17] {Will49} simplify everything

01[09:18] {&Threei}  u r 2 kind 2 nemo

[09:18] {Will49} not making excuses...just sayin'

[09:21] {nemo} I'm challenged homonystically

01[09:22] {&Threei}  not touching that one with 10 ft pole

01[09:22] {&Threei}  but lol

[09:23] {Will49} homo-nystically=challenged by same sex

[09:24] {robbers} The women must love that 10 ft. pole.

[09:24] {Will49} lol

[09:24] {RonS} lol

06[09:24] * &Threei is backing away slowly

[09:24] {nemo} homonym=similar sounding gutterbrains

[09:24] {Will49} you have to back away from a ten foot pole Vad

[09:24] {Alexs} gm

01[09:25] {&Threei}  alex :)

01[09:25] {&Threei}  missed great day yesterday

[09:25] {Alexs} (

01[09:25] {&Threei}  and we decided to make sure you let you know

01[09:25] {&Threei}  or with it, will

[09:25] {cipher} gm

01[09:25] {&Threei}  cipher :)

[09:26] {bbobr} gm

01[09:26] {&Threei}  bbobr :)

[09:27] {ese} morning

01[09:27] {&Threei}  ese :)

[09:28] {ese} ya know....the wall street journal is an interesting read in the morning......have never really done that

[09:28] {nemo} Would think you more of a Mother Jones or Utne kinda' guy

[09:28] {ese} lol

[09:28] {dino} lol

[09:29] {ese} touche

01[09:31] {&Threei} Short Setup: GDX  .95 break

01[09:31] {&Threei}  If holds  .05 

01[09:33] {&Threei}  Invalidated  

01[09:34] {&Threei} Short Setup: GDX  .28 break

01[09:34] {&Threei}  If holds  .10 

[09:35] {ese} out rax .42 +.38 out sdrl .11 +.11 held from yesterday

01[09:35] {&Threei}  wtg

[09:36] {ese} tks...good way to start the day

01[09:36] {&Threei}  1:1

[09:37] {dino} gj ese

[09:38] {+cc_9} good late morning

01[09:38] {&Threei}  cc9 :)

[09:40] {dino} coo drop

01[09:41] {&Threei} Long Setup:  C  .75 break

01[09:41] {&Threei}  Invalidated  

01[09:42] {&Threei} Long Setup:  C  .60 break

01[09:42] {&Threei}  If holds  .54 

01[09:43] {&Threei}  meh

[09:44] {ese} what the heck is the market unhappy about now.....spyders in free fall almost

[09:45] {dino} coo sm l .25

01[09:45] {&Threei} Long Setup:  JPM  .70 break

[09:45] {+cc_9} SPY, now that is fear

01[09:45] {&Threei}  If holds  .65 

[09:46] {nemo} Putin to back SYRIA in any attack

01[09:46] {&Threei}  meh

[09:46] {ese} ok ..... that should do it

01[09:46] {&Threei}  bottom is very close

01[09:47] {&Threei} Long Setup:  C  .10 break

01[09:47] {&Threei}  late

01[09:47] {&Threei}  (%#(&^

[09:48] {ese} nice call though

01[09:48] {&Threei}  (SY) Russia President Putin: Russia will help Syria if strikes are launched by the west; Russia is already providing Syria with arms

[09:49] {+cc_9} mean bounce IWM

01[09:49] {&Threei}  you should hear Putin's remarks in Russian...

[09:49] {dino} wouldn't help me

[09:49] {dino} i don't speak russian

01[09:50] {&Threei}  to say that he has very little respect for O and USA would be understatement of the century

01[09:50] {&Threei} Long Setup:  JPM  .60 break

01[09:50] {&Threei}  If holds  .50 

[09:50] {dino} i believe that. o has come off as the bleeding heart liberal

[09:50] {nemo} he's a tough SOB

[09:50] {fish_49} hold that thought Vad  hope you can translate  later

[09:53] {+cc_9} http://www.bloomberg.com/tv/

[09:53] {nemo} financial porn?

[09:53] {+cc_9} Obama speaking, lets see how market reacts.

[09:54] {nemo} wouldn't think there's anything he can say right now other than maybe he let Vlady bend him over

01[09:55] {&Threei}  stop to .54

01[09:55] {&Threei}  1 cent to 1:1

[09:56] {drewj} Hello Vad

01[09:56] {&Threei}  hi drew

[09:57] {drewj} Been a while

[09:57] {+cc_9} I want to see a mean reversal on SPY

01[09:57] {&Threei}  welcome to the room

01[09:57] {&Threei}  here it goes, cc

01[09:57] {&Threei}  or not

[09:57] {drewj} thanks

01[09:58] {&Threei}  out JPM

01[09:58] {&Threei}  not delighted

[09:58] {drewj} can i change the settings so that I can hear a sound when you post something?

01[09:59] {&Threei}  if you use mirc, yes

01[09:59] {&Threei}  mibbit, no

[09:59] {+cc_9} SPY needs 165.50 bid and the algos start pushing

[09:59] {dino} conn more blood today

[10:00] {drewj} how can I log in with mirc?

[10:00] {+cc_9} IWM fresh lows, ahead of SPY

01[10:01] {&Threei}  http://www.realitytrader.com/tradingroom/, scroll down to TRADING ROOM LOGIN, p.2

[10:03] {+cc_9} $2.00 dump on SPY since the start of this sell-off

[10:04] {nemo} nobody going long into the weekend after what Putin said, he gonna' make Barry his bitch

[10:04] {+cc_9} Getting long SPY here

[10:04] {+cc_9} 164.70

[10:04] {nemo} this is the weekly pivot

[10:05] {nemo} 164.67

[10:06] {+cc_9} So far so good

01[10:06] {&Threei}  (SY) US President Obama: Would prefer to work on the Syria issue with the security council but does not see that as likely at this time; most G20 nations agreed that Assad was responsible for the Aug 21 chemical attack- Will speak to the US public regarding Syria on Tuesday

01[10:06] {&Threei}  so, nothing happens till Wed

[10:06] {drewj} is mirc a desktop program?

[10:06] {nemo} yep

01[10:06] {&Threei} Long Setup:  C  .10 break

01[10:06] {&Threei}  If holds  49 

01[10:07] {&Threei}  yes

[10:07] {+cc_9} SPY through 165

[10:07] {+cc_9} So far so good.

01[10:07] {&Threei}  1:1

[10:08] {+cc_9} I don't think we see a 3rd leg down

[10:09] {+cc_9} i think we see slight consolidation here and a test of 165.50 again

[10:09] {drewj} where is it for download?

[10:09] {nemo} we only get to S4 10% of the time that's 164.39

01[10:09] {&Threei}  same p.2... www.mirc.com

01[10:10] {&Threei}  1:2

[10:11] {+cc_9} Ok, ere comes the leg up 

01[10:11] {&Threei}  will try for 1:4

[10:11] {nemo} here's today's spy structure: http://bit.ly/1dZ57di

[10:12] {+cc_9} Out half SPY 165.15 +$0.45

[10:12] {+cc_9} Rest im thinking we see north of 165.50

[10:14] {ese} nice cc

06[10:14] * &Threei slaps cc_9 around a bit with a large roll of cash

[10:14] {+cc_9} lol :D

[10:15] {drewj} what is the channel name?

[10:15] {nemo} hey drew, relax for now intense action save it for quiet time

01[10:15] {&Threei}  ?

01[10:16] {&Threei}  just use cpnfigurator, it will do everything for you

01[10:16] {&Threei}  1:3

01[10:16] {&Threei}  finally nailed the bastard

[10:16] {+cc_9} BOOOOOOOOOOM

[10:16] {+cc_9} all out

[10:17] {+cc_9} Not gona play the sucker's wall game.

[10:18] {+cc_9} full blown reversal, man if we could only get these once a week

[10:18] {dino} htwr sm l .27 ave

[10:18] {nemo} here's 1 min spy: http://bit.ly/1dZ72OQ

[10:18] {dino} conn sm l .00 ave wide

[10:22] {nemo} wow, we're down a whole .52

[10:22] {dino} out conn .55 +.55

[10:22] {RonS} gj

[10:23] {dino} ty

01[10:24] {&Threei}  done with last piece of C

01[10:25] {&Threei}  JPM, missed beautiful kangaroo tail reversal woth .40 trigger

01[10:25] {&Threei}  same 1:3 as C

[10:26] {fish_49} and now the translation of what putin said?

[10:26] {nemo} called O a pisdah

01[10:26] {&Threei}  lol

[10:26] {+cc_9} There goes SPY } $165.50 :D

[10:27] {fish_49} as long as it was not the N word we are ok

[10:27] {ese} L rax .31

01[10:28] {&Threei}  hard to translate, really... derisive despise

01[10:28] {&Threei}  scornful

01[10:28] {&Threei}  with tongue in cheeck add-ons like:

[10:28] {RonS} schwartza?

01[10:28] {&Threei}  "how do I say it softly, not to say what I really think"

[10:28] {nemo} Schwarzer

[10:29] {nemo} Kannst du nicht Deutsch sprechen?

[10:29] {RonS} nope only Yiddish

[10:30] {nemo} gleichsprache, nur die aussprache sind verschieden

01[10:30] {&Threei}  he speaks very colloquially, so these things are not really easy to translate

01[10:31] {&Threei}  his characterization of Snowden a while ago for instance:

[10:31] {+cc_9} IWM dumped harder and bounced more than SPY

[10:31] {+cc_9} IWM hit its yesterday's closing price already.

01[10:31] {&Threei}  he is useless, it's like to sheer a piglet - a lot of squeal, not much wool

[10:32] {fish_49} hahaha

01[10:37] {&Threei} Short Setup: GLD  .10 break

01[10:37] {&Threei}  If holds  .20 

[10:39] {nemo} oil names strong

[10:39] {RonS} hommies too

01[10:41] {&Threei}  1:1

[10:41] {fish_49} out thanks Vad

01[10:41] {&Threei}  :)

01[10:42] {&Threei}  alex... how's fair share extraction going?

[10:42] {nemo} spy likely going back to 166.50 that's the 50 day

[10:42] {nemo} IWM 50 day at 102.32

[10:43] {nemo} bull market

[10:44] {Alexs} not as fast as I wish

[10:45] {dino} wwww spike

[10:45] {dino} out htwr .77, +.50

01[10:45] {&Threei}  1:2

01[10:45] {&Threei}  life brightens by minute

[10:45] {Alexs} better now

01[10:45] {&Threei}  :)

[10:46] {fish_49} Mr O done speaking

[10:46] {fish_49} market rallies

[10:46] {fish_49} market's rally

[10:47] {fish_49} the lady who was translating for putin needs some help.  Vad could have done better

[10:47] {fish_49} lol

[10:47] {nemo} not one red stock on the algo: http://bit.ly/1dZdQfB

01[10:47] {&Threei}  Obama will delay appointing a new Fed chairman until Syria is resolved

01[10:48] {&Threei}  uh oh

[10:48] {+cc_9} boy oh boy...lookit SPY reversal

01[10:48] {&Threei}  Ben will never retire

[10:48] {dino} syria will not be resolved for years

[10:48] {nemo} 166.50 likely target

[10:48] {RonS} 800 year tenure...

[10:49] {dino} conn drop

01[10:49] {&Threei}  lol

[10:49] {dino} conn sm l .50

01[10:49] {&Threei}  Ben is having 7 years itch that he hoped to resolve by 7 years in Tibet

01[10:50] {&Threei}  might be a little while longer... by another 5 or so

[10:51] {dino} stop conn .20 -.30

[10:51] {fish_49} itching for 7 years?  That's a nasty rash

[10:51] {dino} xgti spike

01[10:55] {&Threei} Long Setup:  CAT  .30 break hl

01[10:55] {&Threei}  If holds  .20 

01[10:56] {&Threei}  1:1

[10:56] {fish_49} missed it

[10:56] {Will49} me too

01[10:57] {&Threei}  anyone caught it?

[10:58] {Alexs} :)

[10:58] {Alexs} how could i miss my fair share

01[10:58] {&Threei}  really

[10:59] {fish_49} Alex caught it?  good job

01[10:59] {&Threei}  now spread the wealth, will ya?

01[10:59] {&Threei}  1:2

[10:59] {fish_49} there should be a rule  Alex shares all profits

[11:00] {fish_49} rdistribute his wealth

[11:00] {Alexs} who is John Galt

[11:00] {fish_49} Dow back in positive territory

01[11:01] {&Threei}  1:3 close enough, over and out

[11:02] {dino} conn gap fill

[11:02] {dino} sm l .42

[11:04] {dino} out conn .75, +.32

[11:04] {ese} it's children and kids for christ sakes!!!!!!! Somebody needs to do frickin do something in Syria......end of friggin argument......forceful statement from a teacher!!!

[11:04] {+cc_9} SPY, i cannot look anymore

[11:04] {RonS} conn daily s3 at 52.70...hard to tell what those crazy texans are gonna do...

[11:04] {+cc_9} jesus christ was that an early exit

[11:05] {ese} who gives a crap  about the markets.......it's kids

[11:05] {dino} ese its women and children w/terorists too

[11:05] {ese} had to turn cnbc off give me a break

[11:05] {dino} conn sm l .80

[11:06] {fish_49} Someone needs to ask her  "Who is the Somebody that needs to do something"?

[11:06] {RonS} ese off his meds...

[11:07] {ese} out RAX .72 +,41 on 1500shs......i'm done for the day

[11:07] {Will49} nice ese

[11:07] {fish_49} good job ese  

[11:07] {dino} gj

[11:07] {ese} well i can't do anything other than get peed off............

[11:07] {RonS} hemopilia meds...so bleeding heart run rampant

[11:07] {RonS} so ese?

[11:07] {Will49} ouch

[11:08] {ese} outta here cya monday.....

[11:08] {fish_49} bye ese

[11:08] {RonS} whare have you been fro the past 2 years?  started in '11...guns and bombs better killer than chems?

[11:09] {RonS} ese off to brainwash the children...

[11:09] {dino} hell you can shoot 100k and no issues

[11:11] {RonS} really don't get the distinction here...an if you want to talk kids, etc...we would be in every freakin country in Africa...

[11:12] {Will49} if you need an excuse to go to war, what better than pic of dead kids lined up?

[11:12] {Will49} another Gulf of Tonkin in my view

[11:12] {RonS} lol...wow...are you old or what?

[11:13] {Will49} or any of the other dozens of phoney excuses used by politicians over the eaons

[11:13] {Will49} older and hopefully less naive

[11:13] {dino} let the french deal w/it

[11:14] {Will49} i'm good with that :)

[11:14] {dino} conn stop -.30. hit/miss/hit/miss

[11:16] {dino} out coo .48, +2.23

[11:17] {RonS} wtg

[11:17] {Will49} whoa baby!

01[11:17] {&Threei}  wtg

[11:17] {dino} thx, got lucky

[11:18] {Will49} too bad only 100 shares, eh?

[11:18] {Will49} :)

[11:18] {dino} 400

[11:18] {Will49} nice morning congrats

[11:19] {RonS} been thinking you woulda been rolling w/ 500 by now dino...

[11:20] {RonS} on those low vol stocks you still do 400?

[11:21] {RonS} ...if so...gutsy...

[11:23] {dino} 300-400 on them, they are gappy traders, so look for bigger moves w.o rinses

[11:23] {nemo} gonna' start calling dino Kolchak stalking the Rorschach charts

[11:23] {dino} conn sm l .70

[11:25] {drewj} Hey Vad, I got the mirc client set up.

[11:26] {nemo} lucky us

01[11:26] {&Threei}  cool

[11:26] {dino} lol

[11:26] {Alexs} lol

[11:26] {RonS} ...the hazing begins...

[11:26] {nemo} I prefer slow execution

06[11:26] * dino slaps drewj around a bit with a large trout

01[11:27] {&Threei}  rite passage

01[11:27] {&Threei}  lol

[11:27] {+cc_9} I think its safe to say we're ending the week with a punch

[11:28] {nemo} I like getting behind and whacking the 7th cervical

[11:28] {nemo} drop like a stone

[11:28] {drewj} Thanks for the welcome guys...

01[11:29] {&Threei}  get used to it drew, it's only until next new guy appears :)

[11:29] {nemo} guess he doesn't read english

[11:29] {RonS} lol

[11:30] {drewj} I'm only being kind because you can hide behind your computer nemo

[11:30] {nemo} spy walking the 50 day

[11:30] {nemo} you want me to come visit?

[11:30] {drewj} no

[11:30] {nemo} we can trade together

[11:31] {nemo} your IP puts you in California, no?

[11:31] {drewj} do you come on to all the new traders this way?

[11:31] {nemo} I'm having my period

01[11:31] {&Threei}  he is unusualy kind today, drew

[11:31] {RonS} rotflol\

[11:31] {drewj} don't you feel a little emasculated talking like that?

[11:32] {nemo} nah, I've got bunny

[11:32] {Will49} thata boy drew

[11:32] {RonS} killin me...

[11:32] {nemo} c'mon guys, he's no Les

[11:32] {drewj} don't tell me...you're into animals...

[11:32] {nemo} I'm developing my Yin side

[11:32] {nemo} only the ones I can hold down

[11:33] {Will49} go get em drew

[11:33] {drewj} to balance out your yang?

01[11:33] {&Threei}  does it involve any kind of removal?

01[11:33] {&Threei}  yang removal

[11:33] {nemo} now I'm confused

[11:33] {Will49} I'm behind you till your nose bleeds drew

[11:34] {bryl} gmorning

01[11:34] {&Threei}  hi bryl, welcome

[11:34] {nemo} oh jeez, more fresh meat?

01[11:34] {&Threei}  drew... you may have really lucked out

[11:34] {nemo} yeah, we got hair dressing

[11:34] {drewj} watch our bryl...nemo is balancing out his yang

[11:34] {nemo} spy going for the highs

[11:35] {Will49} brylcream, yeah

[11:35] {bryl} ha

[11:35] {nemo} showing our age

[11:35] {Will49} always

[11:35] {Will49} used it on my brushcut in the fifties

01[11:35] {&Threei}  oh boy... I am really scared to publish today's log

[11:35] {nemo} yeah, I'm already into the white hair

01[11:36] {&Threei}  afraid to think what types it may attract

[11:36] {nemo} so just edit it like you always do you communist

[11:36] {Will49} lol

01[11:36] {&Threei}  sigh

[11:36] {RonS} ...was stumbling around walgreens couple wekks ago...was shocked to see Vitalis on the shelf...

[11:36] {fish_49} Someone give Nemo his meds

01[11:37] {&Threei}  he spits them out

[11:37] {bryl} just make sure he doesnt drink the Vitalis

[11:37] {nemo} index shorrts here, but I think it might need one more cycle

[11:37] {Will49} you'll do well here bryl

01[11:37] {&Threei}  hey nemo... new guys are not taking it lying down:)

[11:37] {bryl} good   

[11:38] {nemo} only a matter of time

[11:38] {Will49} maybe one of the newbys is really Les incognito

[11:38] {nemo} everybody is a tough guy when they first step in the ring

01[11:38] {&Threei}  watching CAT for short into bounce

01[11:38] {&Threei}  ideally, if goes above .10

[11:38] {nemo} nah, Les resorts to ad hominem attacks by now

01[11:39] {&Threei}  short on .10 recrossd if stays under .20

[11:39] {Will49} good man Vad..get us focussed again

01[11:43] {&Threei}  no bounce

01[11:46] {&Threei}  - The August jobs report was mostly a bomb, although analysts are working hard to find the positives in the data. The non-farm measure missed expectations and the back-month revision to the July data was severe (to +104K from +162K).

01[11:46] {&Threei}  . PIMCO's Bill Gross said the Fed is still likely to taper despite today's data, perhaps on the order of $10B initially.

[11:47] {Will49} Bureau of BS

01[11:47] {&Threei}  - Syria is the other big subject this morning. With world leaders in St. Petersburg, Russia for the G20, Russia President Putin and Barak Obama have a big stage to air their opposing views of the situation. Just after the open, Putin stated that Russia would help Syria if strikes are launched by the west; later he clarified his remarks by saying Russia would merely continue its current level of support for Syria, but in any case many participants blamed the equity declines into negative territory on his remarks.

01[11:47] {&Threei}  President Obama dodged questions at a press conference about what he would do if Congress voted against military action, saying only that he would address the nation from the White House next Tuesday on the issue

01[11:47] {&Threei}  Obama?? Dodged question?? No way

[11:48] {Will49} he didn't have his teleprompter with him

01[11:56] {&Threei} Short Setup: LVS  .05 break

01[11:58] {&Threei}  If holds  .10 

[11:59] {nemo} .04 the pivot

01[11:59] {&Threei}  it's an aggressive entry for 59 break

01[11:59] {&Threei}  small stop

[12:00] {drewj} where is the stop?

[12:01] {Will49} .11

[12:01] {nemo} here's that next cycle short trigger on fas and spy

[12:02] {drewj} .11 on the bid or ask?

[12:02] {nemo} but spy basically oscillating around the 50 day here

01[12:02] {&Threei}  get out

01[12:03] {&Threei}  condition is: if holds .10. If .10 is broken, stop is hit

[12:03] {drewj} at either the bid or the ask?

01[12:03] {&Threei}  break of resistance means offer at .10 disappeared and prints go above it

[12:03] {drewj} so any print..

01[12:03] {&Threei}  while there is offer at .10, it's resistance

01[12:04] {&Threei}  when there is no more offer at .10, resistance is broken

[12:04] {drewj} ok

[12:04] {dino} conn stop -.35

[12:06] {Alexs} fb short 44?

01[12:07] {&Threei}  nah

[12:10] {drewj} how can i change the sound of a call?

03[12:14] * Looking up Threei user info...

01[12:14] {&Threei}  right click on my name - Ucentral-Highlight

03[12:14] * Looking up Threei user info...

01[12:15] {&Threei}  Edit

01[12:15] {&Threei}  Play Sound button

01[12:15] {&Threei}  and pick the sound which you want, navigating to the place on harddrive where it's located

[12:15] {drewj} got it. thanks 

[12:18] {fish_49} wow Vad very impressive

[12:18] {fish_49} now tell us how to filter out Nemo

[12:19] {nemo} yeah, I loaded a fart sound for Vad myself

[12:19] {nemo} right click on my name go to control}ignore

01[12:20] {&Threei}  before yolu do that, read this little poem nemo wrote

[12:20] {fish_49} huh  say again? Im ignoring u

01[12:20] {&Threei}  https://fbcdn-sphotos-e-a.akamaihd.net/hphotos-ak-prn1/45029_425067777605654_1736127792_n.jpg

[12:21] {nemo} I'm not as think as you drunk I am

[12:21] {fish_49} lol

[12:23] {nemo} think I'll clean some guns

[12:24] {fish_49} Can you look down the barrel of mine and check if it's clean?

[12:24] {nemo} after I clear the chamber and disassemble it

[12:24] {fish_49} It should be clean because I cleaned it the last time I shot a rabbit

[12:25] {nemo} buckin' for Les' spot, huh...

[12:25] {fish_49} no  just filling in for him while he is away

[12:25] {fish_49} lool

[12:26] {nemo} actually, have to get the hunting hardware out

[12:26] {fish_49} what do youhunt?

[12:26] {fish_49} any Moose in your area?

[12:26] {nemo} I do get funny looks when I take the SPAs 12 in the field

[12:27] {nemo} can't hunt moose here but a few have been known to loiter about

[12:27] {fish_49} the only long rifle I have is an air pellet gun

[12:27] {nemo} almost hit one once

[12:27] {nemo} what caliber?

[12:28] {nemo} get one of those PCC rifles-can get a pretty big caliber

[12:28] {fish_49} I'm not sure  let me check

[12:28] {fish_49} 22

[12:29] {fish_49} I need to get it looked at  3 times  now misfired  and fired 20 seconds after pulled trigger  almost shot out a window

[12:29] {nemo} what kind?

[12:30] {fish_49} crossman

[12:30] {nemo} you oughta' get one of these: http://bit.ly/17FcLjH

[12:30] {fish_49} with a scope

[12:30] {nemo} do you know the model?

[12:31] {fish_49} that's expensive Vad,  I'm a cheap bastard

[12:31] {nemo} Lewis and Clark took an air rifle on their expedition

[12:31] {fish_49} c8m22np

[12:32] {nemo} nitrogen piston, huh?

[12:32] {fish_49} no

[12:32] {fish_49} just air

[12:32] {nemo} that's what the "np" stands for

[12:33] {nemo} it's actually a Benjamin-Crosman bought them a few years back

[12:33] {fish_49} oh then maybe

[12:33] {fish_49} I just cock it and shoot it  never pay attention to the mechanics

[12:33] {nemo} more than likely the trigger is gunked up, and the spring restricted

[12:33] {fish_49} when you come down to get the monitors  you can fix it

[12:33] {nemo} I would say just spray some brake kleen up in there, but I don't know how much is made out of plastic on these things anymore

[12:34] {fish_49} perhaps  all  since made in china

[12:34] {nemo} nitrogen is much quieter and consistent over a greater range of temperatures

[12:34] {nemo} you have the thumbhole version?

[12:34] {fish_49} I'm impressed with it's quietness and range

[12:34] {fish_49} not sure about the thumb hole

[12:35] {nemo} yeah, that's the nitrogen, then you get a nitrogen gun with a suppressor on it, fun

[12:35] {nemo} Having said that, a regular .22 with subsonics and a quart water bottle affixed to the end of the barrel works better

[12:36] {fish_49} I have thought about that but worried I would shoot a neighbor

[12:36] {fish_49} which might not be a bad idea

[12:36] {nemo} Have you tried various different pellets?

[12:36] {fish_49} Just the pellets that came with it  and a friend gave me some pointed pellets

[12:36] {nemo} that rifle will likely shoot one weight and design the best

[12:37] {fish_49} the pellets I use  to shoot the critters  are nothing special

[12:37] {nemo} I have a Diana-it likes german Kugeln's the best

[12:37] {fish_49} expensive?

[12:37] {nemo} the gun or the pellets?

[12:37] {fish_49} both

[12:38] {nemo} Well, I paid about $300 for the gun in 2002 and the pellets were a little more expensive, but nothing major, point is to find out what shoots best and stick with it

01[12:38] {&Threei} Short Setup: CAT  .80 breeak

01[12:38] {&Threei}  If holds  .90 

[12:39] {Alexs} hl?

01[12:40] {&Threei}  full for me

01[12:40] {&Threei}  take 2/3 if not sure

01[12:41] {&Threei}  action is slow enough for full lot, IMO

[12:41] {Alexs} never sure

01[12:41] {&Threei}  1:1

[12:41] {fish_49} take a full lot Alex and give half to charity

[12:41] {nemo} should go to .40 area

[12:43] {nemo} relative volume coming in iwm and spy

[12:43] {Alexs} hard to be progressive in that room

[12:44] {Alexs} can't share my fair share

[12:45] {nemo} spoken like a true Progressive

[12:45] {fish_49} agree with Nemo  should see .39 or .40

[12:46] {nemo} CAT high was it's 50 day

[12:47] {drewj} Vad do you take a break from the chat room for lunch?

[12:47] {Alexs} lol

[12:47] {nemo} no, he takes a break from us

[12:47] {nemo} more a vodka break

[12:48] {Alexs} he never stops lunch

01[12:48] {&Threei}  for the most part, no... sometimes, when I am extremely sleepy

[12:49] {nemo} not to be confused with consciousness

[12:49] {RonS} conn wants the S3...unreal...

[12:50] {drewj} k

[12:50] {RonS} what's weird is the miss was a short term collections proble...thing is...this is a 50 year old crdit house...it will get fixed

[12:50] {RonS} credit

[12:50] {nemo} that looks destined for the 51.75 area area 

[12:51] {+cc_9} CONN daily trend shows 48-50 zone before possible reversal

[12:51] {+cc_9} for now knife

[12:52] {dino} at some point its a good bounce candidate, but where is the trick

[12:54] {nemo} potential support here, but I'm looking at that doji on 6/28

[12:57] {drewj} dino would you short that with small shares since it has been trending?

[12:59] {nemo} you're shorting in the hole down here and it's on the uptick rule, get the KY out and do some stretching

[12:59] {dino} nope

[12:59] {nemo} that's what I said

[12:59] {dino} i'm contrarian drewj. look for multi-point moves to go against

[13:00] {dino} nemo, thinking s3 or the big 50 magnet

[13:00] {nemo} This one has serious momentum, again that 6/28 doji might be it

[13:00] {drewj} got it

[13:01] {nemo} we're in it's range now

[13:02] {dino} ron, i'm w/your thinking, perhaps some 60 day out calls on it once she settles

[13:02] {drewj} how far back will you look for support?

[13:02] {nemo} 5/28

[13:02] {nemo} 6/28

[13:02] {nemo} look back as far as you have to

[13:02] {dino} i see those nemo

[13:02] {nemo} yeah

[13:03] {dino} after 1 year i don't bother drew

[13:03] {drewj} ok

[13:04] {dino} million ways to trade, find your edge

[13:04] {nemo} conn is easy, you have the hammer back on Jun 24th, which generally conicides with support going back to May, then you have the former resistance late may into early June, then that 1 doji on 6/28, which seems to be where it's found a bottom so far

[13:04] {fish_49} Fish shoots CAT with Pellet gun..  Die CAT  Die

[13:04] {nemo} which is basically the range CC defined

[13:07] {nemo} this might resistance to reshort NOW here

[13:10] {nemo} of course spy regains the 50

[13:10] {nemo} a .40 range since 11

[13:24] {nemo} you go to lunch yet Vad?

01[13:28] {&Threei}  nah

[13:28] {nemo} you go to the bottle yet?

01[13:32] {&Threei}  why would I need to go to it?

[13:32] {nemo} imprecision of language

01[13:33] {&Threei}  weird language yours is

[13:33] {fish_49} It's Friday  what more need do you reason

[13:33] {nemo} that, from the Ukranian yoda

[13:36] {nemo} subtle higher lows abound on the indexes

[13:36] {nemo} but I've got short setups forming again

[13:47] {nemo} http://wapo.st/1dNd1Ft

[13:48] {nemo} spy going for R#?

[13:48] {nemo} R3

[13:49] {nemo} unbelivable, going all the way below S3 and then back

[13:54] {dino} conn sm l .00

[13:56] {dino} no go

[13:57] {dino} maybe

[13:57] {dino} out .93 too high on entry -.07

[13:58] {nemo} classic short behaviour still

[13:58] {dino} higher lows/highs on the daily

[13:58] {nemo} daily?

[13:58] {dino} one day

[13:59] {dino} since 12:45

[13:59] {nemo} I see what you mean, but it can also be viewed as a bear flag, especially because it topped out at a critical moving average.  If it breaks above .40 maybe

[14:00] {dino} reload .00

[14:03] {nemo} keep it tight

[14:04] {nemo} gets above .50 and holds, 55.00 realistic

[14:04] {dino} vwap 55.20

[14:04] {nemo} yep

[14:05] {nemo} support is your entry though

[14:07] {nemo} drops that .10 she's a no good

[14:07] {dino} out .12

[14:08] {nemo} discretion is the better part of valor

[14:08] {dino} as they say, discipline trumps conviction

[14:09] {nemo} yep

[14:10] {dino} wtf

01[14:12] {&Threei} Long Setup:  CAT  84 break

01[14:12] {&Threei}  If holds  .90 

01[14:14] {&Threei}  change to .95 break

01[14:14] {&Threei}  tighter stop

[14:19] {dino} sm l .01

01[14:21] {&Threei}  meh

[14:31] {fish_49} Gonna Run  have a great weekend everyone

[14:31] {fish_49} Thanks Vad

[14:31] {fish_49} Still in my Corn Trade  Hope I never have to take delivery

01[14:32] {&Threei}  take care fish

[14:41] {RonS} so, was this rally off the lows...putin on the Ritz?

[14:41] {nemo} looks like pull intime

[14:41] {nemo} OMFG!

[14:42] {nemo} We're going to have to name an award after Ron

[14:42] {nemo} for the corniest line

[14:43] {drewj} Vad why did you call cat at .95 with so little room to the upside?

01[14:43] {&Threei}  dunno... I like it

01[14:43] {&Threei}  little room?

01[14:43] {&Threei}  why is it little?

01[14:43] {&Threei}  my target was .20

[14:44] {drewj} ok

[14:44] {drewj} but it failed to hit twenty the second time...

01[14:44] {&Threei}  what makes you think there was a little room, as it just pulled back from 84.20

[14:44] {drewj} isn't that more of a double top?

01[14:45] {&Threei}  ummm... sorry, are you judging the call AFTER the fact, already knowing how it developed?

[14:46] {dino} eli sm l .97

01[14:46] {&Threei}  having such benefit, you, I and anyone else can be 100% certain and 100% correct

[14:46] {drewj} so it was more of a range play then

01[14:46] {&Threei}  pullback entry

[14:47] {drewj} i get confused between pullback entries and reversals

01[14:47] {&Threei}  pullback is a retreat from the top withing an uptrend

01[14:48] {&Threei}  reversal is a change of a trend near the bottom

[14:48] {nemo} hey dino?

[14:48] {nemo} might get some short covering in conn coming up

[14:49] {drewj} it's not so much their definitions but how to go about exeuting them

01[14:50] {&Threei}  why don't you just follow the room calls for now... it takes time

[14:50] {dino} out meli .88, +.93

01[14:51] {&Threei}  wtg

[14:51] {dino} sorry that was meli

[14:51] {dino} not eli

[14:52] {RonS} had to go up then on the addition of a leter...thought you meant elli...

[14:52] {drewj} dino do you find that the larger the drop the larger the bounce?

[14:52] {nemo} you're thinking too much

[14:53] {drewj} how so?

[14:53] {nemo} just observe for awhile, and watch what happens

[14:53] {nemo} it can be big bounce, not big bounce, little bounce bigger fall

[14:53] {nemo} can depend on the news and the chart

[14:54] {dino} nothings ever the same drewj

[14:54] {nemo} It's like being married

[14:54] {dino} generally i will not buy a drop (or short a spike) unless i think it has .40+ potential

[14:55] {bbobr} not going to work with 'dead CAT " bounce....lol

[14:55] {drewj} so it's more about timing then

[14:55] {dino} but yuo are new here, so do not trade my picks until you get comfortable and find your edge

[14:56] {dino} everything in life is about timing

[14:56] {drewj} that's why i asked.  you seem to be doing something different.

[14:56] {nemo} not true dino...marriage is ignorance

[14:56] {dino} my "edge". most do not see it

[14:57] {dino} find what works for you (not what works for me...or somebody else)

[14:57] {drewj} i've had a lot more success in practice following the /es

[14:58] {dino} my advice, do what works for you and forget everybody else. there are lots of ways to trade

[14:58] {nemo} then what are you doing here?

[14:59] {drewj} learning from vad

[15:00] {drewj} i said in practice...my paper trades were good.

[15:00] {nemo} my point is, if the es speaks to you, that's where you should be.  A friend of mine sucked at equity trading, but could trade futures real well, that's where he is

[15:00] {dino} w/respect, but paper trades are always good

[15:00] {dino} nemo speaks what i am saying...find "your" edge

[15:01] {nemo} yep

[15:01] {nemo} I see some of Vad's trades, but not all of them

[15:01] {drewj} actually what has been working for me on paper is to follow the es and the broader market and actually trade tna and tza

[15:01] {nemo} Dino...frickin trades like a ...a...a...I have no idea, but I've watched him do it for 5 years, and every once in a while we converge

[15:01] {dino} then work that w/money. start small...

[15:02] {dino} cipher sees what i see

[15:03] {nemo} well, that's good then the es is related to the indexes iwm=tna/tza  spy=sso/sds  iyf=fas/faz gdx=nugt/dust

[15:04] {Alexs} what is es guys?

[15:04] {drewj} i think that it's because i can go away from the computer and come back and still pick up on what's going on.

[15:04] {nemo} imo, write down your questions, don't ask them.  Take a screen shot of the stock in question, then after the market closes take your screen shot along with longer time frame charts, and see if you can come up with an answer

[15:04] {drewj} es=spy futures

[15:05] {nemo} right, but remember the discussion dino, I and CC9 were having about conn?

[15:05] {Alexs} thanks drewj

[15:05] {nemo} You have to be fluent in the language and that comes from screentime when the market closes

[15:06] {drewj} is that like a self quiz nemo?  to see if i can teach myself or something?

[15:06] {nemo} I cannot tell you how many hours I've spent outside of market hours looking at charts

[15:06] {nemo} Yes, you can't be given a fish, you have to fish

[15:07] {nemo} there's no subtitute for it

[15:07] {nemo} You know who Branford Marsalis is?

[15:07] {drewj} musician right

[15:08] {nemo} yep...and he said "structure is art"

[15:08] {nemo} You have to learn the abc's and wrestle with them yourself to eventually become an artist, to find your edge

[15:08] {drewj} you're saying to learn the structure from reading charts after the market is over.

[15:08] {nemo} You have to learn the structures before your intuition starts speaking to you

[15:09] {nemo} charts, candles, structures, volume, whatever instruments speak to you

[15:09] {drewj} well the es sure does...i'm going to start there

[15:09] {nemo} Frankly, the questions you ask confuse you.

[15:10] {bbobr} Vad, would you short CAT now ?]

[15:10] {nemo} Spend time with structure

[15:10] {drewj} that was funny nemo...

[15:10] {+cc_9} HFC if anyone wants something to watch EOD

[15:11] {dino} don't overthink things. stocks trade, thats what they do, however somethimes they trade odd

[15:11] {nemo} 43.50 traget?

[15:11] {drewj} ok

[15:11] {drewj} i've got to go get my kids from school.  have a good weekend all

01[15:12] {&Threei}  .80 break was valid setup

[15:12] {dino} no reason for it, it just happens. remember this; "anything can happen". ask ask yourself this; "what di i believe that isn't true?"

[15:13] {bbobr} yes i took it

[15:13] {drewj} i'll think about that over the weekend.

[15:13] {nemo} btw...questions are confusing...learning to ask the right questions is a big deal

01[15:13] {&Threei}  very nice bbobr

01[15:14] {&Threei}  starting seeing them :)

[15:14] {bbobr} thanks

[15:14] {dino} conn lod

[15:14] {nemo} spy topped out at daily R3 to the penny

[15:14] {drewj} i'm betting that i really need to take a step toward trading independance

[15:14] {bbobr} how about gdx short /

[15:15] {drewj} thanks guys

[15:15] {dino} np & gl

[15:15] {drewj} bye

01[15:15] {&Threei}  GDX, no

01[15:15] {&Threei}  take care drew

[15:15] {nemo} yeah, already back to the middle

[15:18] {dino} conn sm l .05

[15:19] {dino} stop is brk lod

[15:19] {nemo} it's smack in the middle of that doji

[15:23] {dino} out conn .37, +.32

01[15:26] {&Threei} Short Setup: FB  44 break

01[15:26] {&Threei}  If holds  .10 

01[15:29] {&Threei}  Invalidated  

01[15:30] {&Threei} Long Setup:  GLD  .05 break

01[15:30] {&Threei}  If holds  134 

01[15:33] {&Threei}  1:1

01[15:34] {&Threei}  1:2 close enough

01[15:34] {&Threei}  stop .09

[15:34] {goinshort} nice T !!!

01[15:35] {&Threei}  good finish

01[15:35] {&Threei}  like to leave for the weekend on a good note

[15:39] {Alexs} you still keep hl Vad?

01[15:39] {&Threei}  1/4

01[15:39] {&Threei}  dumped 1/4 more at .23

[15:40] {Alexs} k

01[15:46] {&Threei}  well GLD

01[15:46] {&Threei}  give us final spike

01[15:47] {&Threei}  stop to .14

[15:49] {nemo} sheesh, spy back to pivot/vwap

[15:49] {nemo} frickin' conspiracy

[15:50] {Alexs} c short .30?

[15:51] {nemo} don't think spy or finnies are going anywhere now, probably not

[15:51] {Alexs} k

01[15:51] {&Threei}  too close to eod alex

01[15:51] {&Threei}  9 min

[15:51] {dino} pamt drop

[15:51] {dino} sm l .05

[15:51] {Alexs} yeah ok

[15:55] {nemo} too funny daily pivot and vwap exactly the same place on spy

01[15:55] {&Threei}  ok guys

01[15:55] {&Threei}  good week after all, even though short

01[15:55] {&Threei}  thank you all

01[15:55] {&Threei}  have a great weekend, see you Monday

[15:55] {dino} out pamt .04 -.01, no time left

[15:56] {bbobr} gn all

[15:57] {nemo} from green to red below S3 all the way back to R3 back to flat...wtf

[15:58] {nemo} you ever seen a day like this dino?

[15:59] {nemo} look at conn on the close

[16:00] {dino} not that i remember nemo

[16:00] {dino} but markets get stranger every year

[16:01] {dino} bad print?

[16:01] {nemo} yeah, news reading algo's seem to create more extreme trends

Sept .05 2013

And we are back on a winning track, with nicely profitable calm day. One of those stress-free trading sessions when everything goes smoothly and without any tensions. Except traditionally mildly funny jokes and lighthearted bickering that help spend time while waiting for a trade to resolve.

Session Time: Thu Sep 05 00:00:00 2013
[09:05] {dino} gm
01[09:06] {&Threei}  dino :)
[09:19] {Will49} gm
[09:20] {ese} gm
01[09:22] {&Threei}  will, ese :)
[09:22] {cipher} gm
01[09:22] {&Threei}  cipher :)
[09:22] {RonS} hey guys
[09:23] {nemo} chopped liver here
[09:23] {bbobr} gm
[09:24] {cc_9} gm folks
01[09:24] {&Threei}  ron, bbobr, cc_9 :)
[09:26] {ese} will....how was your summer
[09:26] {Will49} excellent ese
[09:26] {Will49} you?
[09:26] {ese} gonna be starting up the grimbergen tradition at some point
[09:26] {Will49} yeah
[09:28] {ese} too busy I think....fixing up the rental property and then traveling
01[09:30] {&Threei} Short Setup: GDX  .35 break
01[09:30] {&Threei}  If holds  .40
[09:35] {cc_9} CONN, now that's a gap.
01[09:35] {&Threei}  1:1
[09:36] {ese} L ccl .64
[09:39] {nemo} spy going for the 50 day
[09:39] {ese} out ccl .75 +.11
01[09:41] {&Threei}  1:2
[09:41] {robbers} Out in full now, thanks.
01[09:42] {&Threei}  yw
[09:46] {nemo} and there is the 50 day on the spy
[09:46] {dino} hdb sm s .65
[09:46] {cc_9} CONN back over $60
[09:47] {cc_9} clearing $61 gives it a nice few point push
[09:47] {cc_9} Clearing $60.50, there she goes
[09:50] {cc_9} Should get another leg up in CONN, catching some bids
[09:50] {dino} ibn sm s .35
01[09:50] {&Threei}  stop .21
[09:51] {dino} ibn stop .51 -.16
[09:52] {ese} L rax .01 sdrl .00
[09:52] {cc_9} CONN still cranking, .60s bid
[09:53] {nemo} 61.11 the 50 day
[09:53] {Will49} good trade, ty Vad
[09:53] {cc_9} CONN push through $61 beautiful
01[09:53] {&Threei}  yw
[09:54] {dino} hdb stop .93 -.28
01[09:55] {&Threei} Long Setup:  CAT  .20 break hl
01[09:55] {&Threei}  If holds  .10
[09:55] {cc_9} CONN } 61.50 plowing to $62
[09:55] {dino} you in conn cc9?
[09:55] {cc_9} out early 61.15 :(
[09:56] {cc_9} entry Dino }}} http://img12.imageshack.us/img12/7530/k2m9.jpg
01[09:57] {&Threei}  meh
[09:57] {cc_9} CONN through $62 like butter
01[09:59] {&Threei}  *(US) AUG ISM NON-MANUFACTURING COMPOSITE: 58.6 V 55.0E
01[10:00] {&Threei}  *(US) JULY FACTORY ORDERS: -2.4% V -3.4%E
[10:00] {dino} ibn sm s ,48 stop .55
01[10:01] {&Threei} Long Setup:  TZA  .15 break
01[10:01] {&Threei}  If holds  .05
01[10:01] {&Threei}  change to .10 break
01[10:01] {&Threei}  If holds  26
01[10:03] {&Threei}  1:1
[10:04] {dino} nice tza
[10:05] {cc_9} CONN volume still steady/high, no slowdown
01[10:05] {&Threei}  ty
01[10:12] {&Threei}  gold takes good economic numbers really hard
[10:12] {nemo} crash of dreams
01[10:13] {&Threei}  yeah
01[10:13] {&Threei}  war talk helps it for a day... how pathetic
[10:18] {dino} sap sm l .24
[10:25] {nemo} is it August?
[10:26] {Will49} another market transition day Vad?
[10:27] {nemo} well, the SPY high is pretty much the 50 day you also have the big unemployment report tomorrow
[10:27] {nemo} but finnies are strong
01[10:28] {&Threei}  so far looks good will, no?
[10:28] {Will49} just wanted to know if this is a good day to sort my sock drawer
01[10:28] {&Threei}  who knows
[10:29] {nemo} and clean out the toe jam
[10:29] {Will49} yes...so far so good Vad
[10:29] {Will49} nemo..I have a wife...no toe jam allowed
[10:31] {dino} sap stop .14 -.10
[10:32] {Will49} cc_9...on DAS, is it best to have my routing default set for ARCAL ?
[10:32] {cc_9} Will, for limit orders sure.
[10:32] {dino} sds l .90
[10:33] {Will49} only use limit orders per my boss
[10:33] {cc_9} In that case you can use ARCAL as default route.
[10:33] {nemo} your wife?
[10:33] {Will49} tks cc
[10:34] {cc_9} Same goes for if/when you decide to use hotkeys, you can auto route to ARCAL as well.
[10:34] {cc_9} Also, market dumping, no news
01[10:36] {&Threei}  aww TZA
01[10:37] {&Threei} Short Setup: GDX  .95 break
01[10:37] {&Threei}  If holds  28
01[10:40] {&Threei}  1:1
[10:42] {cc_9} SPY comment from stocktwits "$SPY It might be over. This might be it. "
[10:42] {cc_9} I've heard that daily since 2009
01[10:42] {&Threei}  no kidding, lol
[10:43] {nemo} it just bounced at the Monthly Pivot, and it's top was the 50, you've got that big unemployment report tomorrow,
[10:43] {cc_9} it might be "it" bc SPY dropped $0.40 on 2.4M shares
[10:43] {Will49} sheeesh...had a total PC choke...had to reboot
[10:44] {Will49} are we in anything?
[10:44] {Will49} other than the doldrums
01[10:44] {&Threei}  ugh... missed a play
01[10:44] {&Threei}  GDX short from .95
[10:45] {Will49} crap
01[11:05] {&Threei} Long Setup:  TZA  .35 break
01[11:05] {&Threei}  If holds  .30
01[11:09] {&Threei}  Invalidated
01[11:13] {&Threei} Long Setup:  JPM  .35 break
01[11:13] {&Threei}  If holds  .27
01[11:16] {&Threei}  Google's attorneys say their long-running practice of electronically scanning the contents of people's Gmail accounts to help sell ads is legal, and are asking a federal judge to dismiss a lawsuit that seeks to stop the practice.
01[11:16] {&Threei}  In court records filed in advance of a federal hearing scheduled for Thursday in San Jose, Google argues that "all users of email must necessarily expect that their emails will be subject to automated processing."
01[11:16] {&Threei}  really?
[11:17] {ese} whoa....big time thunder in our end of town vad....
01[11:17] {&Threei}  I don't remember "necessarily expecting" that my letter would be opened and read by post office
01[11:17] {&Threei}  same here ese
01[11:17] {&Threei}  don't see rain clouds though... maybe war started?
[11:18] {ese} ya
01[11:18] {&Threei}  The class action lawsuit, filed in May, says Google "unlawfully opens up, reads, and acquires the content of people's private email messages" in violation of California's privacy laws and federal wiretapping statutes. The lawsuit notes that the company even scans messages sent to any of the 425 million active Gmail users from non-Gmail users who never agreed to the company's terms.
[11:18] {ese} my thoughts on the google issue ......."of course the blighters are gonna do it"...people would be stupid to think otherwise
[11:19] {Will49} Americans firing across straights of Jan e Fuca
[11:19] {Will49} de
01[11:19] {&Threei}  doesn't mean it's right
[11:19] {ese} at your house will
01[11:19] {&Threei}  hope lawsuit proceeds and nails them
[11:19] {ese} vad and I are on good terms
[11:20] {Will49} yes, here too
[11:20] {ese} we regularily send send pirate kegs of whisky illegally across the straight in open boats
01[11:21] {&Threei}  might be my fault ese... I tend to drink about half of their content before loading them on a boat
[11:22] {ese} damn........how many times Have I told you!!!!!!!!!!!!
01[11:23] {&Threei}  sorry... temptation was too great to resist
01[11:23] {&Threei}  we shouldn't have made the stuff that tasty
[11:23] {Will49} Americans wouldn't have survived abolition without us
[11:24] {ese} ya just have a visit to Moose Jaw Saskatchewan.......thats where Al Capone stored his stash
[11:25] {ese} of whisky
[11:25] {Will49} good clarification
01[11:28] {&Threei}  he liked it chilled, eh?
[11:29] {Will49} :)
01[11:34] {&Threei}  1:1
01[11:34] {&Threei}  will, I think we have an answer to your question earlier... it's not a transition day, neiling them pretty good :)
01[11:34] {&Threei}  1 small stop
01[11:34] {&Threei}  the rest are wins
[11:35] {robbers} Half out.
01[11:35] {&Threei}  let's deploy profit preservation procedure, and let's not forget nag alex about missed good day when he is in
[11:37] {fish_49} good idea Vad  and don't forget lets insult Nemo in place of Les
01[11:37] {&Threei}  how could we
01[11:37] {&Threei}  we wake up with this thought
[11:37] {fish_49} lol
01[11:37] {&Threei}  we go to sleep with this thought
[11:38] {ese} The gods are not liken what I'm doing this morning.....thats some serious thunder......."Thor Baby!!!!! Take it easy!!!"
[11:39] {Will49} getting pretty dark down here on south tip
[11:40] {Will49} first thunder this year, no?
[11:41] {fish_49} is it snow thunder?
[11:41] {Will49} get lost!
[11:41] {ese} yes
[11:41] {fish_49} lol
[11:41] {ese} lol
[11:41] {Will49} actually the eskimos here rubbing noses together
[11:42] {fish_49} what are the temps there day and night?
[11:42] {Will49} you wouldn't understand celcius
[11:43] {fish_49} I have a pc  and internet  I can convert
[11:43] {Will49} see how mad he made me with that snow remark?
01[11:43] {&Threei}  I can relate will
01[11:44] {&Threei}  thought of snow makes me want to inslut nemo 3 times in a row
[11:44] {Will49} fish...parle vous Francais?
[11:44] {fish_49} no  English and korean
[11:45] {fish_49} Hangul
[11:45] {Will49} is that like fungul?
[11:45] {fish_49} very close but nothing close
[11:46] {Will49} fish...it's 18C at my house
[11:47] {Will49} can get up to 26-28C and rarely falls below 0C in winter
[11:47] {fish_49} wow  little chilly
01[11:47] {&Threei}  ocean shore
[11:47] {Will49} normal high this time of year is 20C
[11:48] {fish_49} and same as seattle  very little sunshine?
01[11:48] {&Threei}  way more that Seattle
[11:48] {Will49} sunshine that is
01[11:48] {&Threei}  we have about half of the Vancouver rain
[11:48] {RonS} agree
01[11:48] {&Threei}  that = than
[11:48] {Will49} and half the real estate prices
[11:49] {RonS} 5% of the Asians?
01[11:50] {&Threei}  maybe 10
[11:50] {fish_49} 10% or 10 Asians?
01[11:50] {&Threei}  lol
[11:51] {fish_49} cc_9  are you Asian?
01[11:51] {&Threei}  he is from Jupiter
01[11:52] {&Threei}  three little antennaes behind the ears betray him
01[11:53] {&Threei}  we Saturn residents recognize Jupiterians right away
[11:53] {nemo} http://bit.ly/15yj1tz
01[11:53] {&Threei}  you Earthlings might have a little problem telling them from Martians
[11:55] {Will49} nemo...you trying to sell me on something?
[11:55] {Will49} what was that link supposed to be?
[11:55] {nemo} couldn't see it?
01[11:55] {&Threei}  no
[11:55] {nemo} oh well
[11:55] {Will49} add for gmail
[11:55] {Will49} ad
[11:56] {nemo} I forwarded it to Vad
[11:58] {nemo} here's today's SPY structure:  http://bit.ly/15yjXOD
[11:58] {RonS} ya think?  IOC presidency candidate says concerns remain for Rio de Janeiro Olympics
[11:59] {nemo} Here's IWM:  http://bit.ly/15yk2lB
01[12:00] {&Threei}  why Ron? I missed that hoopla I think
01[12:09] {&Threei} Short Setup: SLW  .80 break
01[12:10] {&Threei}  If holds  .90
[12:11] {ese} am outta here.....still long RAX SDRL.....stops in cya tomorrow
01[12:11] {&Threei}  take care ese
[12:13] {dino} pbyi sm s .51
[12:15] {fish_49} Im in my first Futures trade @cz13 @ 459  wish me luck  lol
[12:15] {Will49} bon chance mes ami
01[12:16] {&Threei}  don't have anything to track it with fish
01[12:16] {&Threei}  let us know how it goes
[12:16] {fish_49} ahh  no date feed for futures?
01[12:16] {&Threei}  nope
01[12:17] {&Threei}  unless there are some real time websites, like for stocks
[12:19] {fish_49} can users post jpg file here?
01[12:19] {&Threei}  no such capability
[12:24] {nemo} conn at vwap
[12:25] {nemo} drops this next support .26
[12:25] {nemo} mmhhhh, where's Alex getting his fair share today
01[12:27] {&Threei}  pub?
[12:29] {fish_49} organizing his sock drawer
[12:30] {nemo} bunny is sitting in mine
[12:32] {dino} conn sm l .00
01[12:33] {&Threei}  no go
[12:33] {nemo} ,40 area resistance dino
[12:34] {dino} out conn .43, +.43
[12:34] {nemo} one in the hand
[12:35] {dino} thx nemo
[12:35] {nemo} mp
[12:45] {nemo} finnies and spy flat, iwm relatively strong
[12:47] {nemo} expe looks short
[12:57] {nemo} expe Vad?
01[12:57] {&Threei}  I like
[12:57] {nemo} you likey long time?
01[12:57] {&Threei} Short Setup: EXPE  48 break
01[12:58] {&Threei}  If holds  .10
[13:00] {dino} data drop
[13:02] {nemo} expe is a liberal plot
[13:02] {Will49} ha
01[13:05] {&Threei}  lol
[13:13] {nemo} wow, spy done less than 37.5 mil shares so far
[13:13] {nemo} wow
01[13:18] {&Threei} Short Setup: JPM  .20 break
01[13:18] {&Threei}  If holds  .25
[13:19] {cc_9} SPY action = yawn
[13:20] {nemo} SPY action=Les' sex life
[13:21] {Will49} sheeesh nemo...even in abstenia
[13:21] {Will49} abstentia
[13:21] {nemo} you always pick on people when they
[13:21] {nemo} 're not around
[13:21] {nemo} they can't defend themselves
[13:21] {Will49} are you hoping he reads the log afterward?
06[13:21] * &Threei adds another quote to the file "Everything nemo said about Les while Les was away," to be forwarded to Les for Les to be ready to come in guns blazing
[13:22] {nemo} You could give him a B-52, I'd still kill him
01[13:23] {&Threei}  maybe but we don't want Les to be gunless, do we
[13:23] {nemo} fair fight?  sheesh
01[13:23] {&Threei}  rather interesting fight
01[13:23] {&Threei}  I don't want it to be quick
01[13:23] {&Threei}  (she said)
[13:24] {nemo} you're middlename is "minuteman" right?
06[13:24] * &Threei slaps nemo around a bit with a brick
[13:24] {nemo} this room is not really a good example of adult behavior
01[13:25] {&Threei}  wasn't supposed to be
[13:25] {nemo} didn't say it was
01[13:26] {&Threei}  but... do you know what she answered when nemo said "I am going to make you the happiest woman in the world"
01[13:26] {&Threei}  ?
06[13:26] * nemo slaps threei around with a steel reinforced cinder block
[13:26] {nemo} You're leaving?
01[13:26] {&Threei}  "I'll miss you."
[13:26] {goinshort} half time show here, sure is interesting!
01[13:26] {&Threei}  lol
[13:26] {nemo} you should see Vad's cheerleader outfit
01[13:27] {&Threei}  meh... too ordinary now after Dart Vader stole it
[13:27] {goinshort} good thing no video
[13:29] {nemo} somebody remind me to buy reading glasses
[13:42] {dino} conn sm l .25
[13:43] {dino} lol nemo, i just started using them for trading this sumer
[13:43] {dino} summer
01[13:43] {&Threei}  so did I
[13:43] {nemo} I've got my computer glasses, but in lowlight, reading is difficulter
01[13:50] {&Threei}  (SY) US Ambassador to the UN Power: There is not a viable path with the UN security council to address the chemical attacks in Syria
[13:55] {cc_9} RMTI ripping short traders, no fade yet
[13:56] {fish_49} huh  honestly  tell me what the UN is designed to do?
[13:57] {nemo} we invented it and put it in New York so we could spy on them
[14:06] {Will49} Like John McCain, I'd be better off playing online poker right now
[14:07] {nemo} iwm in uptrend finnies in downtrend spy flat
[14:10] {fish_49} putin called Kerry a liar  lol  like Putin never lied?
01[14:11] {&Threei}  he never said he didn't
01[14:11] {&Threei}  or he would have lied
01[14:12] {&Threei}  (see what I did there?)
[14:12] {fish_49} yea
[14:12] {fish_49} he didn't want to be a liar  so he didn't lie
01[14:12] {&Threei}  there you go
01[14:12] {&Threei}  full version:
01[14:13] {&Threei}  he didn't want to be a liar so he didn't lie about him never lying
[14:13] {Will49} who's on first?
[14:13] {fish_49} Nemo
[14:13] {Will49} no...who's on first!
[14:14] {fish_49} nemo
[14:14] {Will49} nemo's on second base, who's on first
[14:14] {fish_49} _diego?
[14:14] {Will49} man, you've got to be bored to engage in this :)
[14:15] {fish_49} Im watching Corn Grow
[14:15] {Will49} no. diego's on third base, "who" is on first
[14:17] {Will49} http://www.abbottandcostello.net/clips/who1st.wav
[14:22] {nemo} looks like we should come in here
[14:23] {_diego} I'm diego. I'm testing the free trial
[14:25] {fish_49} Welcome Diego
[14:25] {_diego} thanks Fish
[14:25] {fish_49} I'm new here also  hope you find the room entertaining and profitable.  
[14:25] {Will49} Don't worry diego, this is a bit of a wingy place sometimes
[14:26] {Will49} just be happy to stay off nemo's radar
[14:27] {Will49} but seriously, it's agreat place to learn
[14:27] {_diego} day very quiet. with very low volumen. was hard not?
01[14:28] {&Threei}  yes but nicely profitable
01[14:28] {&Threei}  andf that's what counts
[14:28] {_diego} the operations in GDX were very nice
[14:28] {fish_49} Low volume days sometimes mean only a few setups   so when there are only a few set ups we just sit around and insult Nemo
01[14:29] {&Threei}  and enjoy his reciprocation
01[14:29] {&Threei}  also, if he insults us first, we become reciprocators
[14:30] {fish_49} I think he is petting the bunny now  not paying attention to us
[14:30] {Will49} is "petting the bunny" code for something else?
[14:30] {RonS} lol
01[14:33] {&Threei}  diego, make sure you read http://www.realitytrader.com/tradingroom/#instructions to follow the room procedures
[14:35] {fish_49} major news out tomorrow.  Could mean QE start up or delay?
[14:35] {fish_49} http://www.youtube.com/watch?v=PTUY16CkS-k
[14:35] {fish_49} covers it well
[14:35] {_diego} thanks Threei. I already read
[14:35] {fish_49} if the link don't work  see youtube and search QE explained
01[14:36] {&Threei}  :)
01[14:40] {&Threei} Short Setup: JPM  .20 break
01[14:40] {&Threei}  If holds  .30
01[14:42] {&Threei}  how does that futures trade work, fish?
[14:42] {fish_49} Corm market closed  I'm swing trading it  I'm up 3 points $150
01[14:43] {&Threei}  corner the cotton market
[14:44] {dino} boy plunger
01[14:44] {&Threei}  :)
[14:45] {fish_49} Vad is Boy Plunger
[14:45] {fish_49} I would never try to take that name
[14:45] {fish_49} Jessie would not like it
[14:46] {fish_49} Vad is the Russian Version  Boy plungr
[14:52] {fish_49} cotton looks fun for a swing trade
[14:52] {dino} bal
[15:01] {nemo} I would never have thought that a september day might actually be the lowest spy volume of the year
[15:02] {nemo} sheesh, and I'm out of hard liquor
01[15:03] {&Threei}  it's a jewish holiday nemo
[15:03] {nemo} oh yeah, forgot
[15:03] {nemo} Happy frickin' New Year
01[15:03] {&Threei}  fear not, I am here to refresh your fibble and progressively weakening memory
01[15:04] {&Threei}  and the best moment is in the future: when Les enters thew room and you politely say "good morning stranger" to him, I will rtemind you...
[15:04] {fish_49} I'm starting to think they are cousins
01[15:04] {&Threei}  or not... I might just as well leave you unaware, and let Les have his sweet revenge
[15:05] {nemo} iwm and fas setup short spy not so much
01[15:05] {&Threei}  eq\ually fun
[15:05] {nemo} Les is from Oz
[15:06] {nemo} so the Algo's went from the Hamptons in August to Temple today
[15:06] {nemo} sheesh
[15:10] {fish_49} Les is swiss right?
[15:10] {nemo} lives there, but he's aussie
[15:11] {nemo} English refuse
[15:11] {fish_49} ohhh  did not realize that
[15:12] {nemo} frickin' Marylanders
01[15:12] {&Threei}  ok JPM
01[15:12] {&Threei}  time to trigger and die
[15:18] {nemo} iwm at the bottom of the channel
[15:19] {fish_49} thts where I normally swim
[15:19] {Will49} lol
01[15:19] {&Threei}  lol
[15:19] {nemo} definitely bored if you're laughing at that
[15:20] {fish_49} lol admit it Nemo it gave u a smile
[15:20] {nemo} unfortunately, no...
[15:20] {nemo} now you with italian overshoes at the bottom of the channel....yes
01[15:21] {&Threei}  you see, nemo avoids smiling... his face cracks in the middle and he has to bandage it. and out all kinds of antibiotic cremes...
01[15:21] {&Threei}  put
[15:21] {fish_49} he saving the smiles for the bunny
[15:21] {fish_49} btw  whats the name of the bunny?
[15:22] {nemo} bunny
[15:22] {nemo} nephew's idea
[15:23] {fish_49} still lunch time at JP Morgan
01[15:24] {&Threei}  https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgHihr9_GQhhHmRb7YLKZc7NHcDui6VkHq5Ue0Q4eNbZXlNWjyuSsE-Ywrb36O7uePctLJbxPfhw8iSFkwQrc4qjsCAaP_XKM7dmpjV97AsuGxHZTVrWBs4PWv2uouqiOoKETCHR66oAIAb/s1600/GoodMorning.jpg
01[15:24] {&Threei}  https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjTEYJt94G9Ht3dmemIb0d07jPQ-xtGTbFPZgUUR9IeLdDFfQzknfbubSwCmdLy1QMknzDaQ4oGJNLU_Qdg0V3gynealKCCo3AJUu8loFAWeh0HvyFbUwrgJuc1tP9wfJTxybeJB4rh6Pej/s1600/GRUMPYCATveg.jpg
[15:24] {fish_49} lol
01[15:25] {&Threei}  I need to make another one... "I tried smiling one. It hurt."
01[15:25] {&Threei}  once
[15:30] {nemo} IWM finds support at bottom of channel which coincides with R1
[15:32] {fish_49} JPM is slower that the video Vad made title= Lunch money
01[15:33] {&Threei}  what's your hurry
[15:33] {fish_49} Dinner time  soon
[15:33] {fish_49} lol
[15:33] {fish_49} lunch is over
01[15:33] {&Threei}  I am yet to meet a salesperson in the store who says "I am sorry sir, I can't accept payment for this since this money you intend to use was made too slowly"
[15:34] {fish_49} lol
[15:34] {fish_49} lol
[15:35] {fish_49} I want to make it faster than my wife spends it
01[15:35] {&Threei}  well, I heard nemo makes special brakes for wivies spending habits
[15:36] {nemo} ?
[15:36] {nemo} maybe for oral habits
[15:36] {Will49} no, that's me Vad
01[15:37] {&Threei}  ah, OK
[15:37] {fish_49} 2 months ago the wife lost her credit card,  I didn't bother reporting it because the people who found it spend less than she does
01[15:37] {&Threei}  lol
[15:37] {Will49} LOL
[15:38] {nemo} you insulate the dog house yet?
[15:38] {fish_49} Piped in AC
[15:39] {Will49} Vad..as we get closer to close, any wisdom in tighteneing stop?
01[15:39] {&Threei}  .26, sure
[15:40] {Will49} ok
01[15:40] {&Threei}  I didn't realize we were this closde to eod... covering half at .12 - .13 would make sense
[15:41] {fish_49} moved my stop to B/E
01[15:43] {&Threei}  half out
01[15:43] {&Threei}  stop to .21
01[15:44] {&Threei}  after 2 so-so days we are back on winning streak
[15:44] {nemo} 1 day does not a streak make
01[15:44] {&Threei}  review your definition of a streak
01[15:45] {&Threei}  it was a big winning streak with 2 days brief interruption
[15:45] {fish_49} not when he runs up and down the street nakid?
[15:45] {fish_49} out in full thanks Vad
01[15:45] {&Threei}  today we return to it
[15:45] {nemo} speaking of Les jr.
01[15:45] {&Threei}  yw
01[15:47] {&Threei}  lol, imbeciles...
01[15:47] {&Threei}  start with:
01[15:47] {&Threei}  Dear Vadym,
01[15:47] {&Threei}  Recently, you received an email indicating chosen as a potential candidate to represent your professional community in the 2013 Edition of Worldwide Who's Who.
01[15:47] {&Threei}  end with:
01[15:47] {&Threei}  To ensure you are included, we must receive your verification before September 3rd.
01[15:48] {&Threei}  today is Sept 5th
[15:48] {fish_49} snail-email
01[15:48] {&Threei}  if you run a scam. can you at least get the dates right?
[15:48] {fish_49} did you sent them Nemo bank info?
01[15:49] {&Threei}  I would if I had it...
[15:50] {fish_49} do you still speak at conventions Vad?  anything coming up?
01[15:51] {&Threei}  but I have to be careful... you see, once I signed nemo up for 5 porno sites, and they complained that he slowed their servers down to crawl
01[15:51] {&Threei}  I had to apologize to them
[15:51] {nemo} Had to buy 4 more computers and triple my bandwith
[15:51] {fish_49} hahahahah  that's why he needs reading glasses
01[15:51] {&Threei}  just declined one coming up in Toronto next week, fish
[15:51] {nemo} No, at 52 it's about time
[15:52] {nemo} Toronto...mmmhhhhh, common aquaintance?
01[15:52] {&Threei}  yeah
01[15:52] {&Threei}  I do when invited as a hired gun... I don't want to organize them
[15:52] {nemo} did he take the boat to Toronto?
01[15:53] {&Threei}  stop to .16
01[15:53] {&Threei}  and to 3:58
[15:54] {nemo} I'm a fan of .357
[15:54] {fish_49} ant to even number 52
01[15:54] {&Threei}  kind of Soviet Army order... "dig from this fence to 6 pm"
01[15:55] {&Threei}  (SY) UN Sec General Ban: Not expecting a military resolution to the Syria crisis; any response to the use of chemical weapons must be within the UN charter
01[15:55] {&Threei}  which is what, saying "tsk tsk tsk"?
[15:55] {nemo} maybe Al Quaeda can bomb the UN
[15:55] {robbers} Out JPM, thanks for the slow money, will spend it slowly.
01[15:55] {&Threei}  :)
[15:56] {Will49} out, tks Vad
01[15:56] {&Threei}  yw guys
[15:56] {fish_49} have a great night guys
[15:56] {fish_49} you too Nemo
01[15:56] {&Threei}  you too
01[15:56] {&Threei}  thank you all
01[15:56] {&Threei}  have a great evening
[15:56] {nemo} cough
[15:56] {nemo} hack
[15:56] {nemo} gag
[15:56] {nemo} oy
[15:56] {Will49} cheers
01[15:56] {&Threei}  see you tomorrow
[15:56] {nemo} well wishes kill me

Sept 04 2013

What was developing as a nice day, ended about flat with a few stops closer to the end of the sessions. Oh well, market transition days are often like this - takes a few sessions to readjust. There has been interesting discussion about trading platform and pivot point levels though, so make sure to read up on that. 

Session Time: Wed Sep 04 00:00:00 2013
01[09:15] {&Threei}  yawn
01[09:15] {&Threei}  nemo, have a look what happens in this quiet town: http://www.youtube.com/watch?v=zn-7nbU9xho
[09:18] {Will49} gm
[09:18] {RonS} gm
01[09:19] {&Threei}  will, ron :)
[09:21] {dino} gm
01[09:21] {&Threei}  dino :)
[09:21] {cipher} gm
01[09:21] {&Threei}  cipher :)
01[09:22] {&Threei}  I wonder what would have happened to those dogs were the cougar a bit more hungry
[09:25] {bbobr} gm
[09:25] {Alexs} gm
01[09:25] {&Threei}  bbobr, alex :)
01[09:29] {&Threei} Short Setup: GDX  28 break
01[09:30] {&Threei}  If holds  .10
[09:31] {cc_9} gm all
01[09:31] {&Threei}  cc9 :)
01[09:32] {&Threei}  Apple Inc Tech blogs speculate that a new television product to be possibly unveiled at the Sept 10th event
[09:32] {nemo} I love speculation
01[09:32] {&Threei}  no go
[09:34] {dino} gwre sm l .80 gappy
[09:35] {dino} stop gwre .50, -.30
01[09:36] {&Threei} Long Setup:  C  .45 break
01[09:36] {&Threei}  If holds  .40
01[09:38] {&Threei}  1:1
[09:39] {cc_9} FRAN monster gap down
[09:40] {dino} gwre sm l .50
01[09:41] {&Threei}  1:2
[09:41] {dino} out gwre .00, +.50
01[09:41] {&Threei}  wtg
[09:41] {dino} abm sm l .78
01[09:42] {&Threei}  Alex, hope it helps aleviate your dislike of C in the morning
[09:42] {dino} ty
[09:42] {Alexs} :)
01[09:44] {&Threei}  1:3, out
[09:45] {Will49} nice Vad tks
01[09:45] {&Threei}  can we say we got our fait share from this bank?
01[09:45] {&Threei}  fair
01[09:45] {&Threei}  yw
01[09:47] {&Threei}  UK PM Cameron: 'I accept that Britain can't be part, and won't be part, of any military action' on Syria
[09:48] {Alexs} progressives want more
01[09:48] {&Threei}  they always do
01[09:48] {&Threei} Long Setup:  JCP  .40 break
01[09:48] {&Threei}  If holds  .35
01[09:51] {&Threei}  come on, really?
[09:54] {dino} ubnt sm l .70
[09:56] {Alexs} jcp double top?
01[09:57] {&Threei}  can't tell
01[09:57] {&Threei}  watching WMT for long etnry
01[09:58] {&Threei} Long Setup:  WMT  .80 break
01[09:58] {&Threei}  If holds  .75
01[09:59] {&Threei}  *(US) SEPT IBD/TIPP ECONOMIC OPTIMISM: 46 V 46.0E
01[09:59] {&Threei}  1:1
[10:00] {dino} cboe hl l .95
[10:01] {cc_9} iWatch release today ?
[10:01] {Alexs} you mean samsung
01[10:02] {&Threei}  General Motors Corp Reports Aug US sales +14.7% y/y at 275.9K units v 267Ke
01[10:02] {&Threei}  General Motors is undead
01[10:02] {&Threei}  04 Sep 09:58 [NSANY] Reports Aug US vehicle sales +22% y/y
01[10:03] {&Threei}  huh... I bought no Nissans this year...
[10:05] {dino} sm l fran .93
[10:10] {dino} stop to .99 ubnt
[10:10] {dino} stop to .20 cboe
[10:10] {dino} stop to .24 abm
[10:11] {dino} out abm .24, +.46
[10:11] {dino} ubnt to .10
[10:14] {dino} out ubnt .20, +.50
[10:14] {Alexs} nice trading dino wtg
[10:14] {dino} ty buddy
[10:15] {ese} mornin slept in
[10:15] {nemo} yahoo grind up day
[10:16] {dino} to your corner ese
[10:16] {Alexs} msft short .20?
[10:17] {dino} out cboe .19, +.24
01[10:17] {&Threei}  1:2
01[10:17] {&Threei}  took its time but what's our hurry
[10:17] {dino} out fran .97, +.04
01[10:18] {&Threei}  hey Alex, we are getting our fair share from the biggest retailer in the world
01[10:18] {&Threei}  morning ese
[10:18] {Alexs} very progressive
01[10:19] {&Threei}  not sure about MSFT
01[10:19] {&Threei}  I'd prefer to short into bounce
[10:19] {Alexs} k
01[10:19] {&Threei}  ese, I assume first day in school took all your energy
01[10:20] {&Threei}  you may be forgiven... but let it be the last time
[10:22] {ese} got that right vad
[10:22] {ese} ok
[10:26] {dino} panw sm l .38
[10:27] {fish_49} ese what subjects do you teach?
[10:27] {Will49} beer drinking
01[10:28] {&Threei}  out last part on a trail
[10:28] {dino} fran sm l .83
[10:30] {ese} band and mathematics fish
[10:30] {nemo} definitely not English
[10:31] {ese} wanted to teach beer drinking but the students said no.........the staff wanted me to go ahead with it
[10:32] {dino} kmi drop
[10:32] {nemo} then of the course there was the birth certificate alteration class so you could molest the students legally
01[10:33] {&Threei}  you have weird students... they said no to beer?
[10:33] {nemo} sheesh...where did that come from
[10:33] {dino} sm l .76 kmi
[10:33] {fish_49} nemo weird today
01[10:33] {&Threei}  today??
[10:33] {fish_49} Im mean lil more weird than any other day
[10:33] {fish_49} lol
[10:33] {nemo} nice setup fish
[10:34] {ese} ya......beer is too tame for them
01[10:34] {&Threei}  weird day is when nemo is not weird
[10:34] {fish_49} yea I did notice somedays he says very lil
[10:34] {nemo} see how long it took for Vad to pounce, his fingers were moving before his mind new it read your comment
[10:34] {fish_49} not often
[10:35] {nemo} wow, that was one of the more amazing examples of being in Zen I've seen in a while
06[10:35] * &Threei takes a bow
[10:36] {nemo} really think you should bend over in front of me?
01[10:36] {&Threei} Short Setup: MCD  .90 break
01[10:36] {&Threei}  If holds  95
[10:36] {fish_49} Nemo on a perversion roll today
01[10:37] {&Threei}  again...
[10:37] {nemo} always on a perversion roll, just dependent on commentary
01[10:37] {&Threei}  today?
[10:37] {nemo} don't tell 'em about the sheep vad
01[10:37] {&Threei}  and your knee high boots?
[10:38] {nemo} with high heels no less
[10:39] {dino} out kmi .00, +.25
[10:44] {dino} out fran .99, +.16
01[10:46] {&Threei}  1:1
[10:46] {robbers} Out half at .76
01[10:47] {&Threei}  today is good day for progressives, Alex... getting our fair share from big bank, biggest retailer and biggest fast food chain. We will show them how to exploit proletariiat
[10:48] {ese} kmi perfect hammer pattern there Dino
[10:48] {nemo} vodka?
[10:48] {nemo} mjn looking interesting
[10:49] {nemo} could bounce to the .30ish area first though
[10:50] {nemo} looks like iwm and spy might want their 50 day
[10:52] {dino} panw to b/e
[10:52] {ese} L tivo .05
[10:52] {dino} wrld drop, thin
[10:53] {dino} cboe drop
[10:59] {dino} out panw flat
[11:07] {nemo} bidu very weeka
[11:07] {nemo} weak
[11:07] {ese} Okay I'll little off my game I get that been away for a while for the month of August but Man!!! can  anything slower than tivo
[11:08] {ese} out tivo .10 +.05
[11:10] {nemo} 102.02 50 day on iwm
[11:10] {nemo} 166.22 on spy
01[11:11] {&Threei} Short Setup: GM  35 breal
01[11:11] {&Threei}  If holds  .10
[11:16] {dino} busy morning, but don't want to chase these moves
[11:17] {dino} ax murderer market, imo
[11:17] {cc_9} I see a bunch of traders hedged here expecting some profit taking on this run, so far under water for a few
[11:18] {cc_9} Could be one of those slow grind up days after the big push to sucker in late traders
[11:18] {dino} ax murderer="untrusting", from so i married an ax murderer
[11:23] {cc_9} that 35 bid holding for dear life Vad
[11:25] {Will49} finally able to uncross my eyes
[11:25] {Will49} and my legs
01[11:26] {&Threei}  lol
01[11:26] {&Threei}  Invalidated
01[11:27] {&Threei}  guys, as market activity dies down, let's devote some time to that Q/A session with cc_9 we discussed last week
01[11:27] {&Threei}  as a reminder,
[11:28] {Will49} great idea
01[11:28] {&Threei}  it's about trading platform his firm olffers,
[11:28] {cc_9} Speaking of, Will how are you feeling back on the platform ? All coming back ?
01[11:28] {&Threei}  how to use it to its full potential
01[11:28] {&Threei}  etc.
01[11:28] {&Threei}  Let's do it this way:
[11:28] {Will49} yes, you guys are so tight with your demos that I was forced to go live yesterday
[11:28] {Will49} and it feel better this morning
[11:29] {Will49} sorry Vad..for interupting
01[11:29] {&Threei}  cc_9 will start with some useful bits of information, you ask any questions you may have,
[11:29] {cc_9} Not so much tight Will, our technology provider offers demos using live data (not the delayed data other firms offer for paper accounts) and that expires after 14 days.
01[11:29] {&Threei}  and if I see something urgent to trade, I will post it in #floot
01[11:29] {&Threei}  so I don't interrupt you.
01[11:29] {&Threei}  Deal?
[11:29] {cc_9} How sweet.
01[11:30] {&Threei}  cc_9, podium is yours
[11:30] {Will49} appluase
01[11:30] {&Threei}  and don't call me sweet
[11:30] {Will49} applause
[11:30] {cc_9} Not sure where we left off last time we were discussing it, but I gave a link here for anyone to get a demo account to try the platform for a few weeks
[11:30] {cc_9} That would allow for enough time to compare with w/e anyone is using at the moment.
[11:31] {cc_9} Its my understanding that most are using retail brokerage solutions (either HTML5 web focused or platforms you download).
[11:32] {cc_9} If there is one main aspect that most people who try our DMA platforms vs retail its the speed of execution, the flexibility of the platform and the programmable hotkeys (if you prefer that over point & click)
[11:33] {cc_9} DMA = Direct Market Access, in other words, all transactions are facilitated through ECN routing as opposed to the usual market making.
[11:33] {ese} L mgm .36
[11:33] {Will49} as a newby, would hotkeys benefit me?
[11:34] {cc_9} That is of course one of the technical aspects. The fundamental aspect is that we assist clients in opening accounts and being able to daytrade without having to meet the $25k PDT requirement. "How?", because we are a proprietary trading firm as opposed to a retail broker dealer.
[11:34] {cc_9} Will, for hotkeys, there are two types : execution hotkeys and misc hotkeys
[11:35] {cc_9} Execution hotkeys can for example : F1 = buy market 500 shares / F2 = buy market 1,000 shares / F3 buy limit (on bid) 500 shares / F4 buy limit 1,000 shares (on bid)
[11:36] {cc_9} Misc for example are using the arrow up/down to increase/decrease price by $0.01 and right/left to increase/decrease share size by any default you want (usually 100 shares)
[11:36] {cc_9} So for a newbie, I would say use F1 to F4 as buy orders (market and limit) and F5 to F8 as sell orders.
[11:37] {cc_9} For example : I want to buy SSO 500 shares at $80.50 market price then right away set a limit to sell at 80.90
[11:38] {cc_9} I would press F1 (in this case) then hit arrow up until the price in the order entry shows $80.90 then hit F7
[11:38] {cc_9} as opposed to having to type the share size, click on price, hit buy. Click on share size, type price then hit sell.
[11:38] {cc_9} It makes a huge difference when a stock is moving fast or if you are managing more than one position at a time.
[11:39] {Will49} Hmmm.....probably best not to complicate my life at this point :)
[11:39] {cc_9} It really is not complicated at all Will, its just defining what a certain button does. Once that is defined, its set, you don't have to re-do it.
[11:40] {cc_9} I have a hotkey file I can simply give you and you just load it, nothing you need to do after that :)
[11:40] {Will49} OK thanks...I'll experiment
01[11:41] {&Threei}  just don't hit them by accident
[11:41] {cc_9} Another thing you can also do is to set an OCO (One Cancels the Other) order : in layman's terms if you own a position, you can set both your stop loss and also exit price at the same time, soon as one triggers, the other is automatically cancelled.
01[11:41] {&Threei}  I've seen that happen
[11:41] {cc_9} So you don't have to baby sit your trades.
[11:42] {Will49} that'd be nice
[11:43] {cc_9} Here is what OCO looks like : http://img543.imageshack.us/img543/7371/l3wd.jpg
[11:44] {cc_9} Top part = order 1, bottom part = order 2
[11:44] {cc_9} when one hits, the other gets auto cancelled.
[11:45] {Will49} tks cc
[11:45] {cc_9} Another technical aspect (that saves money), is you can pick what ECN you want to route your trades through.
[11:46] {cc_9} Lets say for example your commission rate is $0.005/share, you want to buy 1,000 shares using ARCA Limit. ARCA will pay you a rebate of $0.002 to add liquidity. Therefore you end up paying only $3.00 on that trade.
[11:46] {cc_9} If 500 shares entry, you pay $1.50 etc...
[11:47] {cc_9} This comes in very handy if you trade liquid stocks and prefer to sit on bid/offer to get your fills on buy/sells
[11:48] {cc_9} Here is a simple layout that I can transfer to anyone that wants it (or you can build your own) http://img33.imageshack.us/img33/5787/vkn.JPG
[11:49] {cc_9} In the center top box, you will see BP, that stands of Buying Power. Its set by default 20:1 the cash balance.
[11:50] {cc_9} So when retail such as Scottrade offers $100k on $25k, we offer $500k for the same deposit (and no, we don't charge $7.00 a trade :P)
[11:51] {cc_9} Here is the link again for those that missed on getting a demo last week : http://www.xxxxxxx.yyy
[11:51] {cc_9} Open to any Qs, technical or not.
[11:52] {Will49} can I leave the room, please?
[11:52] {fish_49} how much is the platform fees? and the Data Feed?
[11:52] {cc_9} Will, here is tutorial for OCO earlier : http://www.youtube.com/watch?v=yYSXRbXg-pY
[11:52] {Will49} tks cc
[11:53] {cc_9} Fish, platform and data are passed through from our technology provider (we don't mark them up), platform + all inclusive data (NYSE/NASDAQ/AMEX quotes + Level II + BATS book) is $150.
[11:53] {cc_9} Data is unlimited as far as how many Level II can be opened at any given time (only pointing this out because Laser caps them)
[11:54] {nemo} spy just reached monthly pivot in striking distance of 166, 50 day at 166.20 definite possibliity
[11:55] {dino} 1660 50 dma
[12:01] {cc_9} Fish, if you used Laser before, you can download Das and compare them.
[12:02] {ese} out mgm .43 +.07
[12:03] {nemo} iwm high is it's 50 day
[12:03] {nemo} spy within a few cents of it's monthly pivot
[12:06] {fish_49} I will give it some thought  CC  thanks
[12:06] {cc_9} no single pullback SPY since 9:35AM, thats the slow grind up we will get in the afternoon.
[12:06] {cc_9} Fish, np, feel free to ask if any Qs come up.
[12:10] {fish_49} I just recently took a course on Futures and want to explore futures...  Im gonna fund my futures account with my current equities account which means I will fall below the $25K required limit for equities. .  I am thinking  I could fund a $5K account with your platform and still trade equities because of the 20:1 leverage your offering...
[12:11] {cc_9} Yes, that is fine.
[12:11] {fish_49} can I use two platforms at the same time?
01[12:12] {&Threei}  keep your equities trading going, and test futures very carefully... I suspect you will be disappointed with them quickly
[12:12] {fish_49} yes  My issue is $  I have only $27K
[12:13] {fish_49} so I I'm thinking the solution CC is offering is a good idea
01[12:13] {&Threei}  yup
[12:13] {fish_49} if two platforms can be running at same time
01[12:14] {&Threei}  why not... the only limitation there is your computer's capabilities
[12:14] {fish_49} cool
[12:14] {cc_9} Yes, so long that you have screen space, you can run multiple platforms.
01[12:15] {&Threei}  what is it that atracts you in futures if I may ask?
[12:15] {cc_9} Das uses about 2-3% of memory with 10+ Level II data feed boxes, so you should be fine.
[12:15] {fish_49} currently have 2 27 inch monitors and have an additional 2 23 inch monitors not being used
01[12:16] {&Threei}  just send those to me
01[12:16] {&Threei}  I seem to burn through moniotors at unusually high rate, lol
[12:16] {fish_49} 2 x 23 inch monitors for sale  Cheap price..  Nemo next time your in MD  stop in you can have them for a buck or 2
[12:17] {nemo} where in MD are you?
[12:17] {nemo} oh yeah, the Fed
[12:17] {fish_49} 1.5 hours from your old stomping grounds
[12:17] {nemo} south or north
[12:17] {nemo} up by PA and Deleware, right?
[12:17] {fish_49} your from the Bowie  area?
[12:17] {nemo} yep
[12:17] {nemo} Delaware
[12:18] {fish_49} north of Bowie  exit 93  of the highway
[12:18] {nemo} ahhh
[12:19] {nemo} IWM hit the roof at the 50sma Monthly Pivot confluence
[12:19] {nemo} spy having problems with Monthly Pivot 166 confluence
[12:21] {fish_49} not far off 2 MA's
[12:22] {cc_9} Kerry is back in front of the truth panel : http://www.bloomberg.com/tv/
[12:22] {fish_49} yes they had the Top Secret Meeting today
[12:22] {fish_49} not sure if finished
01[12:23] {&Threei}  TSM with FSM
01[12:23] {&Threei}  Top Secret Meeting with Flying Spaghetti Monster
[12:23] {fish_49} He made a good case yesterday afternoon and it appears the president will get what he wants  just a matter of when
01[12:24] {&Threei}  yeah but does anyone know what he wants, including him?
[12:24] {fish_49} no  Im sure he just wants  to drop a few bombs  just so he can say :I mean what I say when I make a threat"
01[12:24] {&Threei}  even hardcore lefties that approve of every his word before its uttered have hard time accpeting this
[12:30] {nemo} iwm at channel support
01[12:31] {&Threei} Long Setup:  TZA  .50 break
01[12:31] {&Threei}  If holds  .40
[12:35] {nemo} that's funny, rabbit running around with an empty nip bottle in it's mouth
[12:38] {fish_49} same rabbit that was getting a bath?
[12:38] {nemo} no, mine-bunny
[12:38] {fish_49} huh  u have a rabbit?
[12:38] {nemo} yeah, hold on
[12:39] {nemo} oh shit, don't know how to post a picture
[12:39] {fish_49} I tried earlier  and got kicked
[12:39] {nemo} when it was a baby, my nephew saved it from a cat-the rest is history
[12:39] {fish_49} Im sure the rabbit is safe  since Vad said u like Sheep only
[12:40] {fish_49} you don't have sheep right?
[12:40] {nemo} correct
[12:40] {nemo} goats o.k.
[12:40] {fish_49} lol
[12:40] {Will49} SPCA took nemo sheep away...abuse
[12:41] {fish_49} good thing snakes don't have ears
[12:41] {nemo} one of my nephew's friends is greek.  I nicknamed him goat f'er.  Got nicknames for all his friends
[12:43] {ese} outta here cya tomorrow
01[12:43] {&Threei}  take care ese
[12:43] {fish_49} tc  ese
[12:46] {nemo} spy channel support at 165.70ish
[12:52] {fish_49} approaching a gap fill from 8/26
[13:02] {dino} astx
[13:02] {fish_49} wow
01[13:06] {&Threei}  oversat TZA?
[13:06] {dino} \halted
[13:06] {dino} astx
[13:06] {cc_9} Samsung showing their new product
[13:06] {cc_9} http://www.bloomberg.com/tv/
[13:07] {dino} astx open
[13:07] {dino} spike
[13:07] {fish_49} Note 3
[13:08] {fish_49} I'm in need of a new phone
[13:10] {dino} mdxg drop
[13:11] {fish_49} wow  from Note 3  to the watch phone  cool
[13:11] {fish_49} that was a good intro CC
[13:13] {nemo} https://secure.join.me/xxx  hey, if you guys want to see what I mean click on that number, I'll show you the levels I'm looking at
[13:14] {nemo} on my screen is spy currently see the shaded blue area-that is the gap.  The Yellow line is the Monthly Pivot
[13:14] {nemo} notice how spy is magically hanging out here
[13:14] {nemo} notice the 50day above, and the Weekly R1 just above that
[13:15] {nemo} I'll leave it there for a minute, then I'll show you the IWM
[13:15] {dino} mdxg blood
[13:16] {fish_49} what app is that Nemo?
[13:16] {nemo} Notice the top on the IWM, it's at the confluence of the 50 day SMA and the Monthly pivot
[13:17] {nemo} many times, especially with the indexes, there will be these support or resistance areas that don'
[13:17] {nemo} t
[13:17] {nemo} correspond with price levels, oftentimes they'll be longer term pivot levels
[13:18] {fish_49} would you not expect a turn down when reaching the 20 and 50 resistance?
[13:18] {fish_49} on the spy we are just below the crossover
[13:18] {nemo} Anyway, they're just a way to overlay a map on the levels
[13:19] {nemo} here's the spy again, notice it just closed that gap
[13:20] {nemo} now it will likely head for the 50 day
[13:20] {nemo} oh, let me show you the pivot worksheet
[13:21] {nemo} as you can see, there's alot of data on there
[13:21] {nemo} I can enter any stock, and get the current data
[13:21] {nemo} so it gives me all the current pivot levels and the levels that are within 8% of the current price
[13:22] {dino} wow mdxg
[13:22] {nemo} I only map the indexes on my charts, but these can be handy to check individual stocks
[13:22] {dino} 6 to 2
[13:23] {nemo} wow
[13:23] {nemo} any questions before I shut it down
[13:23] {fish_49} yes
[13:23] {nemo} ok. Joe
[13:23] {fish_49} what app is that your using to share screen?
[13:23] {nemo} join me
[13:23] {fish_49} thanks Bob
[13:24] {fish_49} free app?
[13:24] {nemo} yep
[13:24] {fish_49} ty
[13:24] {nemo} np
[13:24] {fish_49} now show us your sheep
[13:24] {Will49} LOL
[13:24] {nemo} let me dig up a picture of bunny
[13:25] {fish_49} btw  thanks for sharing Nemo
[13:25] {nemo} sureh
[13:25] {nemo}  that's a tired bunny stretched out under the chair
[13:25] {fish_49} that's not a bunny  it's a horse   (Long Legs
[13:25] {nemo} that's bunny sitting on her perch in the window
[13:25] {nemo} here she wants raisins
[13:26] {fish_49} I wonder what he would taste like with some carrots and a lil pinch of salt and pepper
[13:26] {nemo} this is her relaxing but pissed off
[13:26] {nemo} ok show's over
[13:26] {fish_49} will she come to you if you call her?
[13:27] {fish_49} thanks Nemo
[13:27] {nemo} yw
[13:28] {nemo} looks like iwm double topped
[13:29] {fish_49} Beige Book results have much affect on markets ?
[13:29] {nemo} no
[13:30] {nemo} once funny fish, is she will sometimes respond to your voice, but only in certain situations
[13:31] {fish_49} loud yell and she runs?
[13:31] {nemo} no, noise will startle her, but you have to invade her space to get her to run usually
[13:31] {fish_49} and she eats raisens?
[13:32] {nemo} I could get her to hop in a hot oven for raisins
[13:32] {fish_49} raisins*
[13:32] {nemo} unbelievable
[13:32] {Will49} gotta run...cya tomorrow
[13:33] {fish_49} my neighbors dog will do the same for carrots  go figure  maybe they were related in a previous life
[13:33] {fish_49} take care Will
01[13:33] {&Threei}  take care will
[13:33] {dino} mdxg vsm l .98
[13:34] {fish_49} slow afternoon  Nemo let me pick your brain
[13:34] {nemo} wow, what a setup, let's see how long it takes somebody to jump it
[13:34] {dino} out mdxg .48, +.50
[13:35] {fish_49} IWM and Spy  on a daily chart they are at a level where the 20 and 50 moving average will cross  however on a 60 minute chart they are getting support from the
[13:36] {fish_49} no serious  no pun
[13:36] {nemo} on the 60 minute chart they are getting support from what?
[13:36] {dino} mdxg sm l .66
[13:36] {fish_49} the 60 miute is showing the 50 ma  as support  but the daily shows major resistance
[13:37] {fish_49} support from the 50 period ma
[13:37] {dino} stop .45, -.31
[13:38] {nemo} what exactly is the question
[13:38] {nemo} ?
[13:39] {fish_49} your opinion  on 2 ma's converging above price  usually mean reversal?
[13:40] {nemo} can't say I use a 2 MA
[13:40] {fish_49} I know it has nothing to do with scalping and a 1 min chart  just asking...
[13:40] {nemo} I'm not sure how to answer your question
[13:40] {fish_49} thanks anyways
[13:41] {fish_49} I just recall reading in one of Alan Farleys  books about the 20 and 50 crossing right above price
[13:41] {nemo} I look at daily's to identify gaps and relationships to larger time frame moving averages like the 50 and 200 and the 8 ema, because that last one is big for swing traders
[13:41] {nemo} I also check the 65 day vwap, because that's the average price for the quarter
[13:41] {nemo} then on the daily I map gaps and standard support and resistance levels
[13:42] {nemo} for the indexes I look at the weekly and montly levels primarily and areas of confluence with other higher time frames
[13:42] {nemo} I'm mapping out areas of likely inflection and then look for reactions when it gets to that level
[13:43] {nemo} who knows what it's going to do
[13:43] {fish_49} ty
[13:43] {nemo} Some people trade on MA signals, maybe that's what you are talking about
[13:43] {dino} reload mdxg .00 sm
[13:44] {fish_49} no  I was looking at the 20 and 50 sma's on a daily chart  which is about to cross just above price  but its acting as support on a smaller time frame
[13:45] {fish_49} I have a strong feeling my observation is meaningless just wanted to educate myself on MA's
[13:45] {nemo} well, you have to be careful there, if you are looking at the 20 and 50 on the daily, and then change the time frame to 1 hour, you'd have to look at the (20x6.5) and the 50X6.5)
[13:46] {nemo} to see the same levels
[13:47] {nemo} am I clear on that fish?
[13:47] {fish_49} yes because the time period is different
[13:47] {nemo} cool
[13:48] {fish_49} ty
[13:49] {nemo} that's why, when I put up the spy and the IWM, I actually put a line in that demarcates the 50 and 200 on the daily, it will vary a coupla cents during the day, but it gives me an idea where they are-hehehe-close enough for government work
[13:49] {nemo} spy just about at channel support
[13:49] {nemo} it's at 165.80 currently
[13:50] {nemo} finnies at vwap
[13:50] {nemo} so, looks like we might get an inflection here
[13:50] {nemo} which way, not sure
[13:51] {dino} out mdxg .36, +.36
[13:51] {nemo} look how flat gdx is today
01[13:52] {&Threei} Short Setup: MCD  .10 break
01[13:52] {&Threei}  If holds  .20
[13:56] {dino} wes sm l .25
[14:02] {nemo} well, beige book should be out
01[14:02] {&Threei}  it is
01[14:02] {&Threei}  not sure it's worth posting
01[14:02] {&Threei}  usual crap
01[14:02] {&Threei}  economy grerw at moderated pace
01[14:05] {&Threei}  (US) Fed's Williams: Most data has been good, GDP was a weak point; Sept tapering will depend on the data - comments to reporters
01[14:08] {&Threei}  Fed must be careful not to overdo bond purchases, MBS purchases are more effective than the purchases of treasuries
[14:11] {fish_49} Vad  is there a name to the MCD set up or was it the scanner?
01[14:11] {&Threei}  even dove williams says time to stop that nonsense
01[14:11] {&Threei}  kind of DBI
[14:12] {fish_49} ty
[14:26] {fish_49} meh  no more big macs
01[14:26] {&Threei}  no
01[14:26] {&Threei}  not good for one's health obviously
[14:27] {fish_49} took me out at .21  watch it drop like a rock now
[14:29] {dino} kmi sm l .60
01[14:41] {&Threei}  (SY) US Senate Foreign Relations Committee begins meeting to consider resolution on Syria to allow limited air strikes
[14:42] {fish_49} do they actually vote on it in the senate  then it goes to the house? is that how it works?
01[14:44] {&Threei}  not sure
[14:47] {dino} one or the other, sometimes both come up w/bills
[14:49] {fish_49} so they vote on limited action  but never define what is limited action  lol
01[14:51] {&Threei}  you can safely argue that anything short of spending every last cent an d every last drop of human and other resources on this war is "limited," right?
[14:52] {fish_49} as long as we don't put boots on the ground  yes that is their definition after they get approval
01[14:52] {&Threei}  because only not having any dollar, any shell and any soldier left would be unlimited
[14:54] {fish_49} so their fear is that if they don't do something then the rest of the world will view us as weak and Iran and north korea will act foolishly?
01[14:54] {&Threei}  along those lines, yes
[14:54] {fish_49} they are like Nemo they already act foolishly and will continue
01[14:54] {&Threei}  they designated where red line was
[14:54] {fish_49} sorry Nemo  just filling in for Les  I know he would have put it that way
01[14:54] {&Threei}  now it's here
01[14:55] {&Threei}  don't do anything, your words are empty
01[14:55] {&Threei}  do something, you break whatever there left unbroken,
01[14:55] {&Threei}  which is admittedly not very much but as soon as you put your nose in therer it becomes yours
[14:56] {fish_49} you own it
01[14:56] {&Threei}  there is no credible opposition to support, main group fighting current regime is al qaeda filial
01[14:57] {&Threei}  so what on earth do you do?
01[14:58] {&Threei}  White House: President will meet with LGBT activists in Russia this week
[14:59] {fish_49} can I ask favor Vad?
01[15:00] {&Threei}  (carefully and hesitantly) yeaaahh... I guess....
[15:00] {fish_49} LGBT  is the lesbians gay folks?
01[15:00] {&Threei}  (carefully and hesitantly) yeaaahh... I guess....
[15:01] {fish_49} we should ban those letters from the room
01[15:01] {&Threei}  how do I call Long setup without letter L?
[15:01] {fish_49} my last year in the gov  I received at least 1000 emails with the heading  Support your local LBGT folks
[15:01] {fish_49} hahahahah
[15:02] {fish_49} I mean together  make it a Korean word Rong  not Long
[15:02] {fish_49} lol
[15:02] {fish_49} Rong Set up MCD break of .40
[15:03] {fish_49} honestly  why would he meet with those folks in Russia
[15:04] {fish_49} If i'm not mistaken,  Russia is a country that has very little tolerance for that
01[15:04] {&Threei}  well, Russia had passed a law recently that greatly oppresses them
[15:04] {fish_49} that is why nemo cant live there?
01[15:05] {&Threei}  which is seen as human rights violation
[15:05] {nemo} wow
[15:05] {dino} out wes .50, +.25
[15:05] {dino} kmr drop
[15:06] {dino} sm l .87
[15:07] {dino} stopped .65 -.22
[15:08] {Alexs} what do you mean "oppresses them Vad?
[15:08] {Alexs} they just ban gay propaganda
[15:08] {dino} kmi stopped .44 -.16
01[15:08] {&Threei}  not sure, I didn't really study the matter beyond quick glance
[15:09] {Alexs} looks like O just has a lot of free time in Russia
01[15:10] {&Threei}  well, since he canceled meeting weith Putin, he needs to pass time somehow, right?
[15:10] {Alexs} lol
[15:12] {fish_49} lol Putin and O need to kiss and make up
[15:12] {fish_49} then they can visit the LGBT folks together
[15:18] {nemo} here comes that 50 day on SPY-maybe
01[15:22] {&Threei} Long Setup:  TNA  .40 break
01[15:22] {&Threei}  If holds  .30
01[15:23] {&Threei}  Invalidated
[15:23] {fish_49} wowwwwwwwwwwwww
01[15:24] {&Threei}  (SY) Senate Panel approves the limited US military strike in Syria
[15:24] {fish_49} just a little
01[15:24] {&Threei}  that's what did it
[15:24] {nemo} it's amazing, right at the spy double top
[15:24] {nemo} the coincidence
01[15:25] {&Threei}  Senate as a whole to consider the the resolution next week
01[15:25] {&Threei}  shrug
[15:25] {nemo} news reading algos
01[15:25] {&Threei} Long Setup:  TNA  .20 break
01[15:25] {&Threei}  If holds  .10
[15:26] {dino} sale spike
01[15:27] {&Threei}  that's it, double bottom us in... go TNA
[15:28] {nemo} that's it double top
[15:29] {nemo} ahhh...Kerry saying the Arab nations will pay us to be mercernaries in Syria
[15:29] {Alexs} you guys make a decission top or bottom
[15:30] {fish_49} in or out  soft or hard  right Alex?
01[15:30] {&Threei}  I made mine... nemo is just being a pest
[15:30] {nemo} sounds like a personal question
[15:30] {Alexs} yeah lol
[15:30] {fish_49} ahhh
[15:31] {fish_49} wow  that was a fast vote
[15:31] {dino} sale sm s.35
01[15:31] {&Threei}  oh come on, 2 cents to 1:1?
[15:31] {nemo} the Old PushmePullyou
[15:31] {nemo} Dr. Doolittle trade
[15:31] {fish_49} Ariel Castro dead: Coroner confirms that Cleveland kidnapper/rapist killed himself
[15:32] {fish_49} that's what did it
[15:32] {nemo} worst case of suicide I ever did see
01[15:32] {&Threei}  watch me crying
[15:32] {nemo} too bad he died actually, would have liked to hear about him being gang raped multiple times with a wire toilet brush
[15:33] {fish_49} I agree  give him no rope  for his soap
[15:33] {nemo} give his fingers and toes the old channel lock treatment
[15:34] {Alexs} stop still .09?
01[15:34] {&Threei}  yes
[15:34] {fish_49} send him to syria
[15:34] {nemo} can use lower bollinger band as support
01[15:35] {&Threei}  it never made new support pronounced enough for trailing
01[15:35] {&Threei}  lower BB is at .10 too, lol
01[15:35] {&Threei}  just crossed it
[15:35] {nemo} gold miners spurted on that news
[15:36] {fish_49} well his party (Alex's Party) controls the house  so I'm guessing it's just a matter of time
01[15:36] {&Threei}  poor goldbugs... this is what that great trade came to, spikes on bombing news?
[15:37] {fish_49} they should donate their earnings  to charity  lol
01[15:38] {&Threei}  grrrr
[15:38] {nemo} looks like spy might want to make it's first visit to vwap today
01[15:39] {&Threei}  frikin rinse, I suspect
01[15:39] {&Threei}  no, fair stop
[15:40] {Alexs} exactly
[15:40] {Alexs} I mean : no fair share
[15:41] {nemo} now Alex probably wants the government to cover his losses
[15:41] {fish_49} lol
[15:41] {fish_49} lol
[15:41] {Alexs} taxpayers nemo
[15:41] {nemo} euphemism
[15:41] {Alexs} top 1% of them
[15:42] {nemo} great quote:  Crowded elevators smell different to midgets.
[15:42] {fish_49} Early bird gets the worm,  second mouse gets the cheese
[15:43] {nemo} o.k.  anyway, probably go after the 50 in the premarket tomorrow.  might be a selloff also before the jobs number on Friday
[15:44] {nemo} spy actually trading light today compared to yesterday
01[15:46] {&Threei}  rinse... crap!
[15:47] {dino} had a few of those today
[15:50] {Alexs} do you celebrate Rosh Hashana in BC Vad?
01[15:50] {&Threei}  in BC?
01[15:50] {&Threei}  lol
01[15:50] {&Threei}  some do, some don't I guess
01[15:50] {&Threei}  it's not like whole BC does or does not
[15:51] {Alexs} Happy New Year anyway
01[15:51] {&Threei}  thsnk you, you too
01[15:51] {&Threei}  somewhat disappointing day as last couple stops made it flat
01[15:51] {&Threei}  oh well
[15:52] {nemo} transition time
01[15:52] {&Threei}  thank you all, have a great evening
01[15:52] {&Threei}  probably
01[15:52] {&Threei}  see you tomorrow
[15:52] {fish_49} what do you expect?  u made a killing in August
[15:52] {fish_49} take care all
01[15:52] {&Threei}  I expected to make another one in Sept
[15:52] {dino} gn
[15:52] {nemo} market transitions are like this
01[15:52] {&Threei}  but heck, it's just started
01[15:52] {&Threei}  we will adjust
01[15:52] {&Threei}  we always do
[15:52] {bbobr} Shana Tova !
[15:52] {nemo} this week still kinda' summer
01[15:52] {&Threei}  bbobr :)
[15:52] {nemo} oy vay
[15:57] {dino} cov sale .25, +.10
01[15:58] {&Threei}  can you believe 1:2?
01[15:58] {&Threei}  sigh
01[15:58] {&Threei}  somg
01[15:59] {&Threei}  1:3
01[15:59] {&Threei}  give me a gun
[16:01] {bbobr} was almost a great call

Sept 03 2013

Uneven day as market tried to guess the next twist and turn in Syria decision. A few trades worked well, one of them for 1:4, and  a few stops counterbalanced them to about flat outcome overall.


Session Time: Tue Sep 03 00:00:00 2013
[08:55] {dino} gm
01[08:57] {&Threei}  morning dino
[09:08] {nemo} next year remind me that labor day parties are not the best idea
01[09:08] {&Threei}  no?
01[09:08] {&Threei}  hmmm... works for me
[09:09] {nemo} kinda' anethema to my nature
[09:09] {nemo} me and social environments and all
[09:09] {nemo} had to drink to tolerate it
[09:09] {nemo} coupla beers
[09:09] {nemo} coupla margaritas
[09:09] {nemo} coupla shots of this
[09:09] {nemo} coupla shots of that
[09:09] {nemo} coupla more this
[09:09] {nemo} coupla more that
[09:10] {nemo} oy
[09:10] {_diego} hello! i wanted to know if this is the chat room where Threei indicate your operations? I'm newby in this service
[09:10] {nemo} then the frickin' rabbit decides it's gonna climb up into the box spring and file it's teeth on the bed springs
[09:11] {nemo} that echo is surprisingly painful in a state of post-inebriation
01[09:11] {&Threei}  hi diego
01[09:11] {&Threei}  yes it is
[09:11] {nemo} if you mean calls trades, yeah
[09:11] {nemo} then I'm here to insult you
[09:11] {_diego} thanks Threei
[09:11] {nemo} speaking of, where's Les?
[09:15] {Will49} gm
01[09:15] {&Threei}  will :)
[09:15] {nemo} oh, Will will do
[09:15] {Will49} hey nemo
01[09:15] {&Threei}  enouhg of that vacation nonsense, will? :)
[09:16] {Will49} absolutley
[09:16] {nemo} spending all that time with your wife must be excruciating
[09:16] {Will49} my lips are sealed :)
[09:16] {_diego} this is my first day in the room, I followed on the website and I think are a very good team. I hope we have a good day of trading
[09:16] {nemo} "hope" is a dirty word
[09:17] {Will49} is your first name San?
[09:17] {nemo} no, his  last name is Garcia
[09:17] {Will49} ha
[09:17] {nemo} got that, impressive
[09:17] {Will49} is Les back on today
[09:18] {Will49} ?
[09:18] {nemo} I'm waiting to pounce
[09:18] {Will49} I'll bet
[09:18] {nemo} we started feeding on ourselves in his abscence
[09:18] {nemo} absence
[09:18] {nemo} kinda mixed metaphors in one word
[09:19] {Will49} :)
[09:22] {robbers} Welcome back, Will.
[09:22] {Will49} tks rob
01[09:22] {&Threei}  morning robbers
[09:22] {Will49} missed the commaradery
[09:23] {robbers} Hi Vad, GM.
[09:23] {cipher} gm
[09:23] {RonS} hello everyone
01[09:24] {&Threei}  cipher, ron :)
[09:24] {Alexs} gm
01[09:24] {&Threei}  alex :)
[09:27] {bbobr} gm
01[09:27] {&Threei}  bbobr :)
01[09:28] {&Threei}  whole mid-east confusion causes abnormal volatility
[09:28] {ese} gm
01[09:28] {&Threei}  let's be doubly careful at the open
01[09:28] {&Threei}  ese :)
01[09:31] {&Threei} Short Setup: GDX  .70 break
01[09:31] {&Threei}  If holds  .76
[09:32] {+cc_9} gm
01[09:32] {&Threei}  cc9 :)
01[09:36] {&Threei}  meh
[09:37] {nemo} big gap up
[09:37] {+cc_9} MSFT / VZ looking good.
[09:37] {+cc_9} both on M&A
[09:37] {nemo} europe down though so we'll see if this keeps up
01[09:40] {&Threei} Short Setup: FCX  ,10 break
01[09:40] {&Threei}  If holds  .15
[09:46] {nemo} so far playing out like a big gap day
01[09:46] {&Threei}  cover half
01[09:46] {&Threei}  stop to .11
01[09:46] {&Threei}  a lot of hesitation here
[09:46] {nemo} US playing catchup from yesterday, and hesitation from today
[09:47] {nemo} Europe super green yesterday, mildly negative today
[09:48] {nemo} iwm touched 50 day
[09:51] {+cc_9} HLF open + dump
01[09:53] {&Threei}  quite narrow range for SPY
01[09:56] {&Threei} Short Setup: C  .60 break
[09:56] {nemo} numbers in 4
01[09:56] {&Threei}  If holds  .66
[09:57] {+cc_9} HLF $2.00 dump from HOD
[09:57] {+cc_9} Friday LOD test range 59.10
01[09:57] {&Threei}  (SY) US President Obama reiterates that a limited strike is necessary in Syria with no troops on the ground
01[09:58] {&Threei}  novel peace prize winner, wanting to bomb another country to "punish" it
01[09:58] {&Threei}  must be a first in history
01[09:59] {&Threei}  - US has a broader strategy that will allow increased aid to the opposition forces, will ask for a prompt vote from Congress regarding the Syria mission
01[09:59] {&Threei}  that's right, let's put Al Qaeda in charge
01[09:59] {&Threei}  *(US) AUG ISM MANUFACTURING: 55.7 V 54.0E; ISM PRICES PAID: 54.0 V 51.6E
01[10:00] {&Threei}  *(US) JULY CONSTRUCTION SPENDING M/M: 0.6% V 0.4%E
[10:00] {dino} what point is a limited strike? just shows we are not serious. why bother
01[10:00] {&Threei}  ego?
01[10:00] {&Threei}  foot in mouth disease?
[10:00] {+cc_9} HLF testing Friday's LOD range
[10:00] {nemo} target practice
[10:01] {nemo} 57.50 might be destination there 9er
[10:01] {dino} s3 57.34
01[10:01] {&Threei}  (EU) ESM's Regling: Cannot yet say whether or not Greece will require a 3rd bailout, Greece has made a lot of progress but perhaps not enough
[10:01] {nemo} gap fill 58.45
01[10:02] {&Threei}  murky trading so far
[10:02] {nemo} vodka time?
[10:03] {+cc_9} HLF 15min vol accelerating
[10:03] {dino} hlf sm l .00
[10:06] {+cc_9} HLF needs a 59.20 bid for reversal.
01[10:08] {&Threei} Long Setup:  FCX  .15 break
01[10:08] {&Threei}  If holds  .08
[10:09] {+cc_9} HLF 59.20 offer printing
01[10:12] {&Threei}  regret of the day: was looking at CAT short at .20
[10:15] {+cc_9} HLF you can see it hit 59.20 twice then get rejected. That's the reversal pps imo.
[10:17] {+cc_9} HLF back to LOD, volume picking up
[10:17] {dino} stop hlf -.35
[10:17] {nemo} hlf gap fill coming
01[10:17] {&Threei}  FCX stop .09
01[10:19] {&Threei} Long Setup:  CAT  .50 breal
01[10:19] {&Threei}  If holds  .40
[10:19] {Alexs} hl?
01[10:19] {&Threei}  yeah
[10:19] {+cc_9} HLF whoa
[10:20] {nemo} 57.52 is 50 day on hlf
01[10:20] {&Threei}  valid still
01[10:21] {&Threei}  change trigger to .45 break
01[10:22] {&Threei}  nah
[10:22] {Alexs} stop .39?
01[10:22] {&Threei}  not delighted
[10:23] {+cc_9} HLF brutal downside
[10:23] {nemo} next level is 55.50
[10:25] {dino} hlf sm l .51
[10:25] {+cc_9} HLF big buy block
[10:28] {+cc_9} HLF some bids
[10:31] {+cc_9} 58s on deck again
[10:33] {dino} hlf stop to .11
[10:33] {dino} to .31
[10:33] {+cc_9} there she goes
[10:33] {dino} to .51
01[10:34] {&Threei} Short Setup: GDX  .40 brea5
[10:34] {dino} to .61
01[10:34] {&Threei}  Invalidated
[10:35] {+cc_9} BOOM HLF
[10:35] {dino} to .01
[10:35] {dino} out 59.01, +1.50
[10:35] {+cc_9} nice dino
[10:35] {dino} ty
[10:35] {RonS} gj
[10:36] {dino} ty
[10:36] {dino} beasty boys trade...."it's tricky"
01[10:41] {&Threei} Short Setup: GDX  ..60 break
01[10:41] {&Threei}  If holds  .65
01[10:45] {&Threei}  half out
01[10:46] {&Threei}  stop to .61
[10:49] {dino} 20 year crush-loa
[10:49] {robbers} Out in full, thanks.
01[10:50] {&Threei}  yw
01[10:50] {&Threei}  1/4 more out
01[10:50] {&Threei}  .40 break should really kill it
01[10:50] {&Threei}  aiming for 1:4
[11:00] {ese} am outta here first day of school....catch ya tomorrow
[11:00] {Will49} peace ese
01[11:00] {&Threei}  take care ese
[11:00] {fish_49} tc ese
[11:06] {RonS} mnst mash
01[11:14] {&Threei}  die GDX
01[11:14] {&Threei}  stop to .46 now
01[11:17] {&Threei}  1:3
01[11:17] {&Threei}  stop to .41
[11:19] {+cc_9} HLF another sell-off round
[11:19] {RonS} enr dead bunny
01[11:20] {&Threei}  done with GDX
01[11:20] {&Threei}  finally decent one
[11:20] {Will49} good one Vad
01[11:20] {&Threei}  spike probably caused by this:
01[11:21] {&Threei}  (US) House Speaker Boehner (R-OH) Will support President Obama's call for action in Syria, use of chemical weapons in Syria must be responded to and only the US appears ready to take action
[11:21] {dino} pretty good drop
01[11:23] {&Threei}  A magnitude 4.2 earthquake shook northern Vancouver Island at 5:49 a.m. Monday.
[11:24] {RonS} scared the elk?
01[11:24] {&Threei}  at most
[11:24] {Will49} thought that was my alarm clock
01[11:25] {&Threei}  and ese thought he was that good
[11:25] {Will49} LOL
[11:25] {Alexs} lol
[11:25] {Will49} first day of school...he had to be quick
01[11:26] {&Threei}  lol
01[11:29] {&Threei}  House Minority Pelosi: Attacks in Syria cannot be ignored
01[11:29] {&Threei}  {--- puking
[11:31] {fish_49} why not?
[11:31] {fish_49} the rest of the world is ignoring it  why cant we?
01[11:31] {&Threei}  because it's her president this time that wants to drop bombs
[11:32] {fish_49} he don't want to drop a bomb  he just wants to save face  lol
01[11:32] {&Threei}  when it was Bush, he was a military criminal per her
[11:32] {fish_49} correct
[11:33] {fish_49} China and Russia told him to lay down and lick his balls and he got offended that's why he wants  to bomb
[11:33] {fish_49} not a good reason
01[11:35] {&Threei} Long Setup:  CAT  82 break
01[11:35] {&Threei}  If holds  .90
[11:36] {Alexs} hl?
01[11:36] {&Threei}  3/4
01[11:38] {&Threei}  target 1:4
01[11:39] {&Threei}  stop to .95
[11:40] {Alexs} no stops for optimists
01[11:40] {&Threei}  not much chance of survival either {G}
[11:41] {Alexs} taxpayers will help
01[11:42] {&Threei}  thus spake John Galt
[11:42] {Will49} who is John Galt?
[11:43] {Alexs} lol
01[11:43] {&Threei}  :)
[11:43] {RonS} lol
[11:43] {RonS} who is spake?
01[11:43] {&Threei}  A+ will
[11:43] {Will49} tks
01[11:44] {&Threei}  that's all CAT?
01[11:44] {&Threei}  shrug
[11:45] {RonS} thus spake CAT...or is it spanked?
01[11:46] {&Threei}  l gld .80 break
01[11:46] {&Threei} Long Setup:  GLD  .80 break
01[11:46] {&Threei}  If holds  .73
01[11:47] {&Threei}  1:1
01[11:54] {&Threei} Short Setup: CAT  .90 break
01[11:54] {&Threei}  If holds  82
01[12:03] {&Threei}  nah
[12:05] {RonS} Ted Nugent
[12:05] {nemo} oh, here we go
[12:06] {Alexs} frikin conservative
[12:07] {nemo} yeah think he's missing a couple off the old 12-string
[12:14] {fish_49} I think he is suffering from Cat Scratch Fever
[12:14] {nemo} God bless him then at his age
01[12:26] {&Threei} Short Setup: BBBY  .15 break hl
01[12:27] {&Threei}  If holds  .25
01[12:34] {&Threei}  1:1
01[12:36] {&Threei}  1:2
[12:47] {+cc_9} HLF, don't look now dino.
[12:48] {+cc_9} Stock rallies on news that the CEO of Post Holdings, William Stiritz, has disclosed a 5% passive stake
[12:49] {nemo} wow, gaps closing...this not good
01[12:51] {&Threei}  1:3, out
01[12:52] {&Threei}  not that there are nop good plays... just quite inconsustent today
[12:53] {Alexs} still haven't gotten my fair share today
01[12:54] {&Threei}  which as we all know you deserve
[12:54] {nemo} bohica
[12:55] {nemo} 164 spy might beit
[12:55] {Will49} can I stand up straight now?
01[12:55] {&Threei}  lol
[12:56] {nemo} after spending that much time with your wife it might take awhile
[12:56] {nemo} fas long here could work
[12:56] {nemo} break of .50
[12:56] {Will49} looking on the bright side, this is a good day to be climbing back in the saddle...a little bit of everything
[12:56] {nemo} would need spy to hold 164 too
[12:57] {Will49} yea nemo... true dat
[12:57] {nemo} sheesh, still getting tequila burps
[12:58] {nemo} on another note,no pun intended:  http://www.youtube.com/watch?v=DSocO8zF1ho&feature=youtu.be&a
[13:00] {nemo} kid is the balls
[13:00] {Will49} amazing kid!
[13:00] {nemo} gotta' love it, God bless 'im
01[13:02] {&Threei}  BBBY had more in it
[13:32] {nemo} GMCR
[13:33] {nemo} got 84 written all over it
[13:35] {fish_49} 84.11
[13:35] {fish_49} lol
[13:35] {nemo} gonna' fillet ur ass
[13:36] {nemo} er...ur fins
[13:37] {nemo} you must have heard about this: http://read.bi/1agQvnX
[13:44] {fish_49} next  pause .45 Nemo
[13:47] {nemo} did you mean .60?
[13:47] {fish_49} just hit .45
[13:47] {nemo} the pause
[13:48] {fish_49} next level  .11
[13:48] {nemo} surely you jest
[13:48] {fish_49} I'm watching it on a 5 min  chart
01[13:53] {&Threei} Short Setup: GLD  .50 break
01[13:53] {&Threei}  change to .60 break
01[13:53] {&Threei}  If holds  .65
01[13:54] {&Threei}  change to .65 break
01[13:54] {&Threei}  searching for the top, must be close
01[13:54] {&Threei}  change to .75 break
01[13:54] {&Threei}  If holds  .80
01[13:56] {&Threei}  1:1
[13:57] {robbers} Out at .62, thanks Vad.
01[13:57] {&Threei}  :)
01[13:58] {&Threei}  clean parabolic spike top
[13:58] {Will49} knew a girl that had one of those
01[13:58] {&Threei}  lol
01[13:59] {&Threei}  Will... we missed you
[13:59] {Will49} :)
[13:59] {Alexs} nice
01[13:59] {&Threei}  but... one??
[13:59] {Will49} not telling
[13:59] {Will49} you know my wife
01[14:00] {&Threei}  ok... writing it off as unsuccessful attempt to gather blackmail material
[14:00] {Will49} yes
[14:04] {dino} enr sm l .15
01[14:16] {&Threei}  1:2
01[14:17] {&Threei}  I'll call it successful top hunt
[14:17] {dino} safm sm l .51
01[14:17] {&Threei}  to balance unsuccessful blackout material collection
01[14:19] {&Threei}  umm... blackmail*
[14:19] {Will49} my lips are sealed
[14:28] {dino} safm stop -.30
01[14:29] {&Threei}  out in full
01[14:29] {&Threei}  1:4
01[14:29] {&Threei}  me happy
01[14:29] {&Threei}  (ier)
[14:29] {Will49} nice one Vad
01[14:29] {&Threei}  :)
[14:31] {nemo} LVS strong all day
[14:35] {dino} nbix spike
[14:36] {dino} sm s .50
[14:47] {dino} cov nbix .61 -.10
[15:00] {dino} czr drop
[15:01] {dino} sm l .30
[15:02] {dino} stop .10
[15:04] {dino} damn
[15:05] {dino} enr to .55
[15:07] {fish_49} Ok Nemo  I was wrong on the .11 but hit the .45 head on.  Look at it now
[15:07] {nemo} .40
[15:07] {dino} to .65
[15:09] {fish_49} I'm talking about GMCR  the last long bar down on the 3 minute Closed right at .45
[15:09] {dino} out enr .70, +.55
01[15:09] {&Threei}  Secretary of State Kerry on Syria: 'We now have more evidence than needed to convict someone beyond a reasonable doubt'
[15:09] {nemo} I have .40
[15:10] {dino} i still say its odd that they can kill 100k + w/guns/bombs, but get 1k w/chemicals and here we come
[15:10] {nemo} yeah, remember Bopal
[15:10] {nemo} did we bomb Dupont
[15:10] {dino} indeed, heck we would have been bombed to nothing
[15:11] {Alexs} that's not a clean kill
[15:11] {fish_49} I am with you on that Dino..  Have they looked at the death rate this year in Chicago?  why are we not sending a missile to Chicago hoods
[15:11] {dino} i suppose if chems were used in the ghettos of chicago, obummer would do something
[15:11] {dino} as it is only guns, no matter
[15:12] {fish_49} I still say he wont do a thing  it's all blah blah  trying to save face...
[15:13] {fish_49} his plan backfired
[15:13] {fish_49} he cant come out and say he wanted to but the Republicans would not let him
[15:13] {dino} yeah, they called his bluff
[15:14] {fish_49} Cry Baby Boehner played him well and says  he supports it..  Knowing that Obama don't have the courage
[15:15] {Will49} well, Obama certainly changed the discussion from a crappy econmy in a hurry, no?
[15:16] {dino} indeed
[15:16] {Will49} bread and circus alternative
[15:17] {Will49} fish is right, Obummer has painted himself in a corner
[15:20] {dino} hope he finally gets that kissing dictators asses does no good
[15:21] {nemo} well, I think the CIA started the Civil War there
[15:21] {nemo} Frankly, I'm still wondering why they wanted Saddam out...he was the perfect counterweight to Iran
[15:21] {nemo} kept his people in line, no problems with Al Quaeda
01[15:22] {&Threei} Long Setup:  GLD  .50 break
01[15:22] {&Threei}  If holds  .45
01[15:23] {&Threei}  heh... both Kerry and Hagel: the word of US must mean something
01[15:23] {&Threei}  how about don't give prmises you don't intend to keep?
[15:23] {dino} funny how they are now hawks
01[15:23] {&Threei}  uhhu
01[15:23] {&Threei}  it's red line, unless UK says no
01[15:24] {&Threei}  and we will ask Congress
[15:24] {dino} so much for element of surprise. they've already moved the equipment, etc
[15:25] {Will49} and their entire air force to Iran
01[15:25] {&Threei}  reminds me my favorite mafiosi... "only amateur takes the gun out to threaten. Profession takes it out only when he intend to shoot"
01[15:26] {&Threei}  professional
[15:26] {nemo} hey will check this out:  http://www.youtube.com/watch?v=3_J0AMPPD34
[15:27] {Will49} jeeez, they must have sedated the darling
[15:27] {nemo} nah, it's awake
[15:27] {Will49} looks like bunny is having a sexual experience
[15:28] {nemo} you're worrying me Will
[15:29] {Will49} just like the way she's stroking him
[15:31] {Will49} thought bunnies cleaned themselves like cats
[15:31] {nemo} yeah, well, you know humans
[15:32] {Will49} specially you batchelors :)
[15:33] {dino} taking off early. gn all thx for ideas
[15:33] {Will49} cheers dino
01[15:33] {&Threei}  take care dino
01[15:38] {&Threei}  meh
01[15:39] {&Threei}  last one for today:
01[15:39] {&Threei} Long Setup:  CAT  .50 break hl
01[15:39] {&Threei}  If holds  .40
[15:43] {fish_49} good Night all
[15:43] {fish_49} Gonna sit out the last trade
[15:43] {fish_49} thanks Vad
[15:43] {Will49} fish or cut bait
[15:43] {Will49} :)
01[15:43] {&Threei}  :)
[15:47] {Will49} see ya tomorrow guys
01[15:47] {&Threei}  ok folks, thank you all
01[15:47] {&Threei}  have a great evening, see you tomorrow
[15:47] {Alexs} gn