Oct 08 2009

Freeport, Bahamas conference - January 2010

Vad's sessions - 2 days, including live trading

A bit tougher day but still worked out nicely, mostly thanks to couple bigger trades. CAT short for 40 cents and AIG short for 30 something helped while a few scalps balanced out couple stops.

Session Time: Thu Oct 08 00:00:00 2009

[05:48] {KSystems} mornink

[08:01] {magoo} morning

[08:01] {nemo} magus

[08:12] {ese} good morning....this being in reasonably good shape has got to stop.....it's too easy to wake up

[08:12] {nemo} dude

[08:12] {ese} dude

[08:20] {Threei} (US) Preview: Initial Jobless Claims and Continuing Claims due out at 8:30amET

[08:20] {Threei} - Expectations for initial claims are 540K v prior release of 551K (range seen from 530K to 560K)

[08:20] {Threei} - Continuing claims seen at 6.105M v prior 6.090M. (range seen from 6.000M to 6.190M)

[08:23] {ese} they need to register for your stock trading/scalping course

[08:23] {Threei} I am not holding my breath

[08:24] {gnslng} could someone answer a question please, how do you'all follow the major sectors?

[08:24] {ese} if i can finally see the light.......so can they

[08:24] {nemo} gnslng...you can make a watch list of etfs

[08:25] {Threei} scanner also has a few ways to do hat

[08:25] {Threei} that

[08:25] {ese} yes....thats how i do it

[08:25] {ese} bkx bmx

[08:25] {ese} cmr

[08:25] {ese} dfx

[08:25] {ese} cyc

[08:25] {gnslng} hmmm, is there a standard list of 10 etf's that follow it well?

[08:25] {ese} drg

[08:25] {ese} etc etc etc

[08:26] {ese} 365

[08:26] {ese} just kidding

[08:26] {ese} about 20 for me

[08:27] {gnslng} thankyou

[08:28] {strider} Morning everyone.

[08:28] {nemo} Dunedin

[08:28] {Threei} strider :)

[08:29] {ese} strid

[08:29] {strider} :)

[08:30] {Threei} INITIAL JOBLESS CLAIMS: 521K V 540KE; CONTINUING CLAIMS: 6.040M V 6.106ME

[08:31] {nemo} kinda' funny, we're adding half a million people to the unemployment rolls and the market takes it as good news.

[08:32] {ese} isn't that a 1/2 mil less

[08:33] {nemo} initial...I think...means first time jobless claims

[08:33] {ese} 6.04 v 6.1

[08:33] {nemo} those are continuuing claims...are those people going back to work...or simply running out of benefits

[08:33] {Threei} and that's just 60K

[08:33] {nemo} and..right

[08:33] {nemo} and he teaches math

[08:34] {Threei} lol

[08:34] {ese} hmmmmmmmm

[08:34] {magoo} why is GLD dropping?

[08:35] {magoo} bouncer?

[08:36] {ese} ohhhhh nooooo just spilt coffee on vad's scalping course.........

[08:37] {magoo} i hit GLD long .20

[08:37] {ese} pheeeeeeeeew....plastic cover

[08:37] {Threei} careful ese... price doubles for repeat orders

[08:38] {ese} shs mags?

[08:38] {magoo} 4k

[08:38] {magoo} gonna scalp

[08:39] {ese} nice

[08:42] {fernp} good morning everybody

[08:42] {Threei} fern :)

[08:43] {ese} fern

[08:43] {magoo} AAPL vad, bouncer?

[08:44] {Threei} shrug

[08:44] {magoo} WAKE UP :)

[08:46] {ese} too funny boys

[08:52] {strider} .

[08:52] {dptl} good morning all

[08:52] {strider} gm

[08:52] {Threei} dp :)

[08:53] {ese} ddddddddddppppppppppp1!!!!!!!!

[08:56] {Threei} EUR/USD ECB's Trichet: Reiterates that excess volatility is not desired in currencies; US strong dollar statements are 'extremely important'

[08:57] {Threei} STATEMENTS are important??

[08:57] {Threei} or actual implementation?

[08:57] {Threei} man...

[08:57] {nemo} funny...integrity of action was always important...the higher up you go the more important it is to be superficial...go figure

[08:58] {Threei} market knows better:

[08:58] {Threei} EUR/USD Euro firms following ECB's Trichet's "Tepid response" to currency question - dealers

[09:02] {strider} C&H BAC

[09:03] {strider} morning trevor:)

[09:03] {lasertrev} gm strider

[09:03] {lasertrev} vad

[09:03] {Threei} trev :)

[09:03] {magoo} hey trev

[09:04] {lasertrev} magoo

[09:06] {larisa} gm :)

[09:06] {nemo} hi lari

[09:07] {larisa} nemo :)

[09:07] {Threei} larisa :)

[09:08] {larisa} :)

[09:15] {ese} mags you still hangin in gld

[09:15] {magoo} no

[09:17] {ese} Thursday, October 08, 2009 6:03:10 AM Blackstone Vice Chairman Byron Wien: Believe both the S&P500 and gold will hit 1200 in 2009 - CNBC interview

[09:17] {dino} gm all

[09:17] {Threei} dino :)

[09:18] {ese} dino

[09:18] {dino} gymb? raises and drops?

[09:19] {ese} mags.....i found that little news article interesting

[09:19] {ese} a bold statement to make

[09:24] {dino} wien's es?

[09:25] {Threei} ECB's Trichet: not campaigning for international use of currency

[09:25] {Threei} - This is in response to a question on whether the Euro would become a commodity pricing currency

[09:25] {Threei} idiots

[09:25] {Threei} generously mixed with imbecils

[09:25] {Threei} and sprikled with cretins on top

[09:28] {ese} not sure dino......thats the name that was on the news item

[09:29] {KSystems} ok good luck today

[09:31] {dino} ty

[09:32] {Threei} Long Setup: BAC .60

[09:32] {dino} scanners' flying

[09:34] {Threei} invalidated as break, watching for bounce

[09:35] {Threei} Long Setup: BAC .51

[09:35] {ese} l cenx .70

[09:35] {Threei} stop .45

[09:36] {magoo} in

[09:36] {ese} out cenx .77 +.07

[09:41] {Threei} Preview: Aug Wholesale Inventories due out at 10amET

[09:41] {Threei} **consensus expectation: -1.0%e v -1.4% prior (estimates range between -1.8% to -0.5%)

[09:42] {Threei} BAC stopped

[09:42] {fernp} no go

[09:43] {Threei} MG IPO begins trading at $12.30 (12.34, -0.16, -1.28%)

[09:45] {nemo} where's the "always on top" command for mirc?

[09:45] {dino} mind the strikes for next 5 days

[09:45] {Threei} right click blue bar on top

[09:45] {dino} stc

[09:46] {dino} wlp

[09:48] {Threei} Short Setup: CAT .50 break

[09:48] {Threei} stop above .65

[09:50] {Threei} 1:1

[09:50] {Threei} scalpers get out

[09:50] {Threei} day traders cover half

[09:51] {dino} wow, aa beats big up .50 only

[09:51] {strider} +.12 CAT, thx

[09:51] {dino} gj

[09:52] {strider} :)

[09:52] {Threei} 1:2, 1/4 more out

[09:52] {Threei} stop to above .40 for the last piece

[09:53] {strider} BAC bounce?

[09:54] {Threei} BAC Exec: Krawcheck is "terrific" where she is

[09:54] {Threei} lol

[09:54] {Threei} no read on it here

[09:54] {strider} thx

[09:55] {Threei} US) Senator (D) Dodd: Remains hopeful that expanded FHA home limits will be extended

[09:55] {Threei} - States that time is right to begin coverstion of GSE's Fannie and Freddie

[09:56] {Threei} CAT cover in full

[09:56] {Threei} +.40

[09:56] {fernp} WFC strong

[09:56] {Threei} yeah sudden spike

[09:56] {Threei} let's see if we get a pullback for entry

[09:57] {fernp} nice daily too

[09:57] {Threei} nice is understatement...

[09:57] {Threei} thing looks like a runner potentiasl

[09:58] {Threei} somewhere under .30... hard to tell exactly in advance

[09:59] {Threei} in

[09:59] {Threei} stop under .20 for scalpers

[09:59] {Threei} under .15 for day traders

[10:00] {Threei} *(US) AUG WHOLESALE INVENTORIES: -1.3% V -1.0%E

[10:00] {nemo} what I miss?

[10:00] {Threei} WFC

[10:00] {Threei} didn't miss really

[10:01] {nemo} only saw bac

[10:01] {Threei} it's still there

[10:01] {nemo} mirc f'd up on me

[10:01] {nemo} what wfc call?

[10:01] {Threei} JAZZ Hearing renewed takeover chatter circulating (timing uncertain) (8.49, +0.49, 6.13%)

[10:01] {nemo} any others?

[10:01] {Threei} .30 break

[10:01] {Threei} stop under .20 or .15

[10:02] {nemo} missed that...anything after bac?

[10:02] {Threei} you better click that buy than chatter

[10:02] {Threei} ogf course you miss itr

[10:02] {nemo} system screwed up had to reboot...mirc wouldn't display

[10:02] {Threei} CAT short after back for +.40

[10:02] {Threei} after BAC

[10:02] {nemo} great

[10:03] {Threei} WFC really loves you

[10:03] {Threei} comes back for you for the third time

[10:07] {dino} stc sm l .15

[10:07] {dino} .10 i mean

[10:09] {dino} wlp wants 45 imo

[10:10] {Threei} keeping an eye on LVS

[10:10] {Threei} interesting resilience

[10:11] {Threei} want pullback entry around .80-.85

[10:14] {fernp} out WFC .39 (my 1:1) ty Vad

[10:14] {dino} nue sm l .75

[10:15] {Threei} fern :)

[10:15] {Threei} missed LVS I guess

[10:16] {nemo} cat rebounded

[10:16] {fernp} no pullback LVS

[10:16] {ese} l cmcsk .91

[10:17] {nemo} might get lvs pull back here

[10:18] {strider} stop for WFC, Vad?

[10:20] {fernp} [15:59] {&Threei} stop under .20 for scalpers

[10:20] {fernp} [16:00] {&Threei} under .15 for day traders

[10:20] {Threei} not sure whether trailing it to under .25 makes sense, but to under .20 for everyone, for sure

[10:20] {nemo} yeah...yesterday's close

[10:21] {ese} out cmcsk .91 +.00

[10:21] {ese} -.00 which ever

[10:21] {strider} futs not helping

[10:22] {Threei} US Rep Frank: Congress has begun to closely evaluate 'interchange fees' (related DFS COF AXP MA V )

[10:22] {Threei} what's that?

[10:22] {ese} new one on me

[10:23] {strider} LVS gone again

[10:30] {Threei} Market Internals update at 10:30amET

[10:30] {Threei} - NYSE volume 255M shares, about 10% below its three-month average; decliners lead advancers by 4.5:1.

[10:30] {Threei} - NASDAQ volume 540M shares, about 4% below its three-month average; decliners lead advancers by 2.1:1.

[10:30] {Threei} - VIX index -1% to just under 24.50

[10:30] {Threei} no go WFC

[10:30] {Threei} scalpers win

[10:33] {strider} rimm?

[10:33] {ese} l cenx .65

[10:35] {Threei} RIMM is very market-dependend

[10:35] {dino} nue to b/e

[10:35] {nemo} lvs volume on last three peaks not good

[10:36] {nemo} or trend

[10:36] {strider} trying

[10:37] {nemo} I speak...it changes

[10:37] {strider} out +.09 LVS

[10:39] {strider} CTXS

[10:39] {nemo} aig .85 break stop .65?

[10:40] {Threei} doesn't feel right

[10:41] {nemo} invalumidated

[10:41] {nemo} quite the caat bounce

[10:41] {nemo} cat

[10:42] {dino} wlp 45

[10:43] {dino} semi's not participating

[10:45] {Threei} Short Setup: AIG .45 break

[10:45] {Threei} if stays below .60

[10:46] {Threei} valid again

[10:47] {dino} wlp sm l .86

[10:48] {strider} TOO FAST FOR ME

[10:48] {dino} bit soon

[10:48] {Threei} 1:1

[10:48] {fernp} ty ty

[10:48] {Threei} yw yw

[10:49] {fernp} :)

[10:49] {Threei} did you short double lot or what? :)

[10:49] {Threei} 1:2

[10:49] {fernp} yes, how do u konw that?

[10:49] {fernp} lol

[10:50] {Threei} hehe

[10:50] {Threei} I mean he he

[10:51] {dino} nue flat out

[10:54] {Threei} (US) Roubini: sees no reason for gold to keep increasing

[10:54] {Threei} sigh

[10:54] {Threei} and this is someone considered one of the brightest

[10:55] {Threei} althoug having missed an LVS play which I saw just in time, I can't really complain too much

[10:56] {Threei} getting AIG right is a consolation... but then again, WFC...

[10:59] {strider} lamr consolidating

[11:01] {dino} wlp stopped

[11:07] {strider} BRCM short?

[11:07] {Threei} yes

[11:07] {Threei} .60 break

[11:07] {Threei} wow... not available

[11:08] {strider} le bummer

[11:08] {Threei} anyway... as a papertrade, stop above .70

[11:08] {Threei} for bigger trade, above .80

[11:08] {strider} I already have enough paper. :)

[11:17] {ese} out cenx . 79 +.13

[11:17] {Threei} 1:1

[11:18] {ese} opps+,14

[11:19] {dino} stec l .50 stop .34

[11:19] {strider} AIG quotes & charts don't match

[11:19] {strider} no T&S

[11:20] {ese} 12k of the little blighters .....jolly good raaathaa.....hiphip what oh and ooool that. drinks at the club this evening vad ...shall we say 6...dinner at 7 and croquet at 8

[11:20] {fernp} yes not working strider

[11:20] {dino} hod

[11:20] {Threei} LVS... relentless

[11:20] {dino} lol es

[11:21] {nemo} fcx too

[11:21] {Threei} trevor... some T&S p[roblem on selected stocks?

[11:21] {nemo} strider...change quote server?

[11:22] {strider} matching now. still no t&S

[11:22] {nemo} I think fcx hits 77 today

[11:23] {dino} stec to .62

[11:23] {nemo} L1 in aig screwy

[11:23] {dino} to .71

[11:25] {strider} ntap euphoria

[11:25] {dino} out stec .70 ave slip, +.20

[11:26] {Threei} NTAP Guides Q2 $0.29-0.30 v $0.29e, R$870-885M v $862Me; guides Q3 $0.35-0.36 v $$0.33e, R$910-930M v $$894Me - analyst day comments

[11:26] {Threei} (US) Pelosi: Windfall profits tax on insurers may be considered; "very preliminary" idea

[11:26] {Threei} - Insurers can put more money on table.

[11:27] {nemo} how they'll pay for healthcare

[11:28] {strider} +.13 ntap

[11:28] {nemo} cat quotes/charts bad too

06[11:29] * Threei slaps lasertrev around a bit with a large question mark

[11:29] {ese} dino you still in anything

06[11:29] * nemo slaps lasertrev around a bit with a large porcupin quill-impregated 2X4

[11:30] {magoo} dont trade anything starting from a to c

[11:30] {nemo} oh jeez...my typing

[11:30] {nemo} brcd is o.k.

[11:32] {fernp} VCLK level2 doesn't work

[11:33] {Threei} GLD back to high... got anything to say Roubini?

[11:36] {larisa} you think he is a scalper ? you may be have different highs :)

[11:36] {larisa} somebody said GOlD to 1500 soon

[11:37] {dino} \stj sm l .03

[11:38] {Threei} no... but my point is a bit different

[11:39] {Threei} his comment has absolutely nothing to do with how the process of price discovery works

[11:40] {Threei} I guess he is "efficient market" guy

[11:41] {dino} roflol

[11:41] {dino} efficient market, cracks me up

[11:41] {larisa} "take that" on upticking GLD was funny though :)

[11:41] {Threei} yeah... bunch of academics having zero idea of what market is about

[11:42] {dino} bottom line, all are opinions. and opinions are like asses, everybody has one

[11:43] {Threei} larisa... I just realized

[11:43] {Threei} you questioned my common sense and praised my sense of humor

[11:43] {Threei} this is truly a first!

[11:44] {nemo} earnings are being treated as good news even though they're all, so far as a result upod and cost cutting

[11:44] {nemo} oh and dino...they all stink

[11:44] {magoo} theresan ass for every seat dino..so sit down lol

[11:44] {Threei} upod?

[11:44] {nemo} Under Promise Over Deliver

[11:44] {Threei} ah

[11:44] {Threei} well

[11:45] {Threei} no problem with cost cutting part

[11:45] {dino} indeed nemo

[11:45] {Threei} this is healthy process in recession

[11:45] {dino} backwards magoo

[11:45] {Threei} and in fact is what recessions are needed for

[11:45] {nemo} agree 3i

[11:45] {Threei} upod... yeah, that's a bit out there

[11:45] {Threei} but nothing new to it

[11:45] {nemo} no

[11:46] {nemo} nothing new in the universe

[11:46] {Threei} market's reactions on earnings was always based on comparison to estimates

[11:46] {Threei} which is open to a ,lot of questions

[11:46] {dino} and estimates are basically opinions

[11:46] {dino} so we've come full circle again on the opinion statement

[11:46] {Threei} I mean, if analysts say .02 per share and company comes up with .04,

[11:47] {nemo} my point...going forward what are their expectations...I expected them to deliver this 14

[11:47] {nemo} 1/4

[11:47] {Threei} how do we deciede whether to buy company or to sell analysts?

[11:47] {nemo} shoot analysts

[11:47] {Threei} but whatever... those are the rules game is played under,

[11:48] {Threei} so as traders, what are we to do but learn to rules and exploit them

[11:48] {Threei} to = the

[11:49] {nemo} ok. market taking a breather

[11:51] {Threei} hmmm

[11:51] {Threei} GLD and market disconnected

[11:51] {nemo} $ and gld not

[11:51] {Threei} then $ and market disconnected

[11:52] {Threei} 'cause in my eyes gold move is purely counter-$ move at this point

[11:54] {strider} cenx

[11:55] {nemo} aig works again

[11:58] {Threei} lol... Manitoba, first snowfall of the season

[11:58] {nemo} yeah, they've opened ski areas out west already...global warming...er...climate change

[11:58] {Threei} Saskatchewan too

[12:02] {dino} hwk

[12:02] {dino} sm s .01

[12:03] {dino} liz

[12:04] {nemo} lvs salmon

[12:13] {dino} liz sm s .40

[12:13] {Threei} Short Setup: LVS .55 break

[12:13] {Threei} if stays under .60

[12:15] {Threei} loss of .50 should send it down screaming

[12:16] {strider} stop?

[12:16] {Threei} [12:13] {Threei} if stays under .60

[12:16] {Threei} stopped

[12:28] {Threei} new high GLD

[12:32] {Threei} Preview: Treasury's $12B 30-year bond reopening results due out just after 1PM ET

[12:32] {Threei} - $12B is unchanged from the Sep reopen but remains substantially above the summer reopening bringing the cumulative size to another record high.

[12:32] {Threei} - Bid to cover ratio at the Sep reopening was 2.92 with an average of 2.52 over the last 6

[12:33] {Threei} YRCW

[12:33] {Threei} no news

[12:40] {dino} stc stop to .24

[12:43] {nemo} lvs Vad, short?

[12:43] {Threei} can't tell

[12:43] {dino} stj stopped -.33

[12:51] {Threei} no idea

[12:51] {Threei} sorry, wrong window

[12:51] {nemo} hehehehe

[12:52] {dino} liz stopped -.11

[12:52] {strider} H&S BRCD?

[12:53] {Threei} kind of

[12:53] {Threei} but shorting here is abit too far from resistance

[12:53] {strider} .55?

[12:53] {Threei} closer to .60, yeah

[12:55] {nemo} tck has been just behind fcx today

[13:08] {KSystems} Vad, have there been any news 10 mins ago?

[13:09] {KSystems} The T-Bonds are going nuts

[13:09] {KSystems} I dont see any

[13:09] {Threei} TREASURY'S $12B 30-YEAR BOND REOPENING draws 4.009%; BID-TO-COVER RATIO 2.37 V 2.92 PRIOR AND 2.52 AVE OVER THE LAST 6 REOPENINGS

[13:09] {Threei} - indirect bidders take 34.5% of competitive bids with 27.53% alotted at the high

[13:09] {KSystems} uh huh

[13:09] {KSystems} thanks!

[13:09] {KSystems} right direction at least....i sold a T-Bonds Call as well

[13:10] {dino} gj ks

[13:11] {KSystems} thx

[13:14] {Threei} so I take it this result of the auction is good for USD

[13:14] {nemo} not so far

[13:15] {Threei} no?

[13:15] {Threei} gold is down, market is down

[13:15] {nemo} uup hasn't moved

[13:15] {nemo} unless datafeed screwed up....TREV

[13:15] {dino} 22.55

[13:15] {nemo} just droppe

[13:17] {Threei} it jumped after the auction

[13:18] {Threei} one day I'll understand it...

[13:18] {lasertrev} whats up nemo

[13:18] {nemo} then you can go to tibet

[13:18] {nemo} just busting you trev

[13:18] {lasertrev} lol

[13:18] {nemo} I'll dcc if it's important...or call and wake you up

[13:21] {lasertrev} can i go back to sleep now?

[13:21] {nemo} try a coma

[13:21] {lasertrev} ouch

[13:21] {Threei} why ouch

[13:21] {Threei} works for us

[13:21] {Threei} Short Setup: GLD .50 break

[13:22] {Threei} if stays under .60

[13:26] {Threei} most likely not a scalp if sets up

[13:26] {Threei} has a lot of air under .50

[13:27] {Threei} (what do you know, I tarde in Roubini direction....)

[13:27] {fernp} in

[13:28] {Threei} BRCD near H&S resistance

[13:29] {ese} well i'm off....been fun ...see ya tomorow

[13:29] {ese} drinks at the club this evening vad?

[13:29] {Threei} take care ese

[13:29] {Threei} wehat club

[13:29] {Threei} I am not allowed ito any

[13:29] {ese} me either

[13:30] {Threei} oh

[13:30] {ese} cya

[13:30] {Threei} then we need to start our own

[13:30] {Threei} cub of club refused

[13:30] {strider} where do see support for GLD?

[13:30] {nemo} hitting 200 right here

[13:31] {Threei} only minot ones here ad there, nothing serious till 103

[13:31] {strider} that would be nice

[13:31] {Threei} doesn't matter it just proceeds to there

[13:31] {Threei} umm

[13:31] {Threei} doesn't mean

[13:32] {Threei} but support is far enough to try for more than just scalp

[13:32] {Threei} 1:1

[13:32] {fernp} thanks for these easy trades :)

[13:32] {Threei} :)

[13:33] {Threei} tougher today than it was last few days, but still

[13:33] {dino} stec going for gap fill, fri close

[13:35] {Threei} larisa, I take back my tirade... Roubini made us money

[13:35] {dino} bingo

[13:36] {larisa} :)

[13:38] {dino} stec sm l .55

[13:39] {dino} stc to .39

[13:40] {dino} out stc +.29

[13:40] {nemo} stc or stec

[13:43] {strider} CTXS holding

[13:44] {dino} out stc from morning

[13:44] {dino} srec still in

[13:45] {larisa} lol

[13:45] {dino} and ironically i had stj earlier

[13:45] {dino} stec still in

[13:45] {larisa} we all misspell now

[13:45] {dino} it is the "st" day for me

[13:49] {Threei} let's see if there is a play in STT, dino?

[13:50] {fernp} thinking in a db, Vad?

[13:51] {Threei} that too... but mostly trying to find another "st" fo dino

[13:51] {dino} :)

[13:52] {dino} mstr gap fill mon close. it has an st in it

[13:57] {Threei} larisa... I resume my anti-Roubini rant... all he was good for turned out to be just a scalp

[13:58] {Threei} something very morbid to this news:

[13:58] {Threei} Bank of America Corp Reportedly seeking to sell $800M claim against Lehman Brothers to hedge funds - unconfirmed report

[13:58] {Threei} - Face value is $800M; sources say claims against Lehman with similar terms have been selling at around $0.37 on the dollar.

[13:59] {fernp} STT double bottom wasn't bad idea :)

[13:59] {Threei} hehe

[14:00] {nemo} afternoon rally shoul start soon

[14:01] {nemo} oops...sorry Lari 'ally

[14:01] {larisa} I bet we will sell :)

[14:02] {dino} shoul=ghoul for october(fest)

[14:03] {nemo} What?

[14:03] {Threei} rofl

[14:03] {nemo} oh

[14:03] {nemo} 3i school of typing

[14:03] {Threei} your constant misspelling of everything and anything makes me ashamed guys

[14:04] {Threei} I mean asheamet

[14:04] {nemo} taking another title away?

[14:04] {Threei} konstant

[14:04] {dino} darn stj rinsed me by 4 cents

[14:06] {dino} nemo you in stce/

[14:06] {nemo} huh?

[14:06] {dino} lol stec

[14:06] {larisa} I think dino does it on purpose :)

[14:07] {nemo} no...whish I had looked at it 20 minutes ago...funny took it out of my watch list this morning

[14:07] {dino} no, one handed typing on far right keybord, not looking

[14:07] {nemo} not funny actually

[14:08] {dino} stop to .95

[14:08] {strider} where are time stamps in mIRC?

[14:08] {strider} the option for them?

[14:08] {Threei} right click on the button with channel name on it

[14:08] {Threei} and find a line that says...

[14:08] {Threei} wait for it...

[14:08] {Threei} wait for it...

[14:08] {Threei} drumbeat

[14:09] {strider} baited breath

[14:09] {Threei} TIMESTAMP!

[14:09] {strider} AHHHH!

[14:09] {strider} .

[14:09] {strider} yep. that works. :)

[14:09] {nemo} caught on quicker than mags

[14:10] {strider} sell short TROIT

[14:10] {strider} TROUT

[14:10] {Threei} well... it's unfair comparison

[14:10] {nemo} fair

[14:10] {nemo} aig vad

[14:11] {strider} CVTXS has left the station and is never coming back.

[14:11] {strider} CTXS

[14:11] {strider} .

[14:12] {dino} it's contagious

[14:17] {dino} stec to .05

[14:17] {nemo} s1 is .12

[14:20] {dino} mkt drop, stec to .08

[14:20] {nemo} gld short vad?

[14:21] {Threei} 50/50

[14:21] {Threei} my heart says yes

[14:21] {Threei} chart says "I can go either way"

[14:21] {nemo} a "bi" chart?

[14:21] {dino} always the romantic

[14:21] {Threei} lol

[14:22] {dino} "gut" i trust

[14:22] {nemo} guess I'll have to gain weight then

[14:22] {Threei} well... I don't believe in gold as a store of intrinsic value

[14:22] {dino} vad you ever watch gold off of gld? moves w/slight delay and bigger

[14:23] {dino} i know patience does

[14:23] {Threei} true but would have to cut down size

[14:23] {Threei} it's thinner

[14:23] {Threei} more volatile

[14:23] {dino} 2 million to me is thick

[14:23] {Threei} look at size at level 2

[14:24] {Threei} sl,ippage is bigger

[14:24] {Threei} GLD, no slippage

[14:24] {dino} 4 cents

[14:24] {dino} ok bit more

[14:24] {Threei} you mean spread

[14:25] {Threei} but sizes are way smaller too

[14:25] {dino} mstr bugging me nemo

[14:25] {dino} wide tho

[14:26] {dino} ok vad

[14:29] {strider} mIRC: how to make it beep when a post is entered?

[14:30] {Threei} nemo just says out loud: mirc, beep!!

[14:31] {strider} I treid that already.

[14:31] {strider} tried

[14:31] {dino} stec to .13

[14:32] {dino} tighten it

[14:33] {dino} got lucky on it "easy button"

[14:35] {dino} out .25, +.70

[14:35] {larisa} nice

[14:36] {dino} ty

[14:37] {nemo} cya tomorrow boys and girl..

[14:37] {larisa} kinda perfect entry at 13:38, very nice even :)

[14:37] {larisa} bye nemo

[14:39] {dino} cya nemo

[14:39] {Threei} take care nemo

[14:43] {dino} die hwk

[14:49] {dino} hwk stopped .18 ave, -.17

[14:50] {Threei} FCX, C&H on 1 min

[14:50] {Threei} let's see if we get a little consolidation

[14:50] {Threei} as it stands, support is too far from 75

[14:51] {Threei} maybe a little pullback from here

[14:51] {Threei} then break

[14:52] {Threei} good

[14:52] {Threei} Long Setup: FCX 75 break if stays above .85

[14:52] {Threei} .90 for hard core scalpers

[14:56] {Threei} come on, trigger

[15:00] {Threei} invalidated

[15:01] {Threei} one litle pullback and will reestablish itself

[15:02] {Threei} if dives under 75, will be a pullback entry

[15:02] {Threei} if just goes - let it go

[15:03] {dino} run dmc market

[15:05] {fernp} Good evening everybody. see you all tomorrow

[15:05] {Threei} take care fern

[15:08] {dino} sm l mstr .19

[15:08] {dino} cya fern

[15:09] {Threei} FCX never looked back

[15:10] {dino} chfc

[15:10] {dino} thin

[15:11] {Threei} good pullback, watching

[15:17] {Threei} Long Setup: RIMM 69 break

[15:18] {Threei} invalidation is under .85, but if sets up from here stop can be placed under .90

[15:24] {dino} bulls on parade

[15:25] {Threei} strtuggling to find a play to follow though

[15:25] {Threei} anyone wants to hear guy named tarullo speaking?

[15:26] {dino} nope

[15:26] {Threei} some apparently do

[15:26] {Threei} Preview: Fed Gov Tarullo scheduled to speak on the economic crisis at 3:35pmET

[15:26] {Threei} - Speaking at a lunch with community leaders in L.A. Advance text and audience Q&A are expected

[15:26] {Threei} RIMM invalidated

[15:26] {dino} oh him, thats right, thats the conference dino is speaking at

[15:27] {Threei} ACPW Hearing chatter company may have won a contract with Google (0.91, +0.10, 12.35%)

[15:27] {Threei} rumor bunker is at work today

[15:28] {Threei} we really need nemo to penetrate their defenses and become our guy in rumor bunker

[15:29] {dino} he is the bunker

[15:29] {Threei} I hope he reads the log today

[15:30] {Threei} (JP) Japanese government adopting emergency measures to spur job creation - Nikkei News

[15:30] {dino} where do you think he goes at 3;00, to the rumor bunker, he's on night shift

[15:30] {Threei} well, then I have no choice but to ask: why don't we get the symbls in advance...

[15:30] {Threei} what kind of "our man" he is, really

[15:30] {strider} short RIMM .89 to .71, thx. VAD :)

[15:31] {dino} good point

[15:31] {Threei} sure thing

[15:31] {Threei} fading the invalidated setup

[15:31] {Threei} legit way to trade

[15:31] {strider} Do I still have to pay you?

[15:31] {Threei} yes, and send me 50% of profit

[15:32] {strider} Let's see. Today that would be exactly, uh zero

[15:32] {dino} we should rally in 5 min.

[15:32] {Threei} how is my fault?

[15:32] {strider} :)

[15:32] {dptl} have a good evening all

[15:33] {Threei} my calls are in profit... so you send me hypotetic amount, calculated as if you trook all of my calls,

[15:33] {Threei} and followed them as I did

[15:33] {strider} Didn't mean that at all.

[15:33] {Threei} take care dp

[15:34] {Threei} BKS Planning to introduce own e-book reader; to start sales as soon as next month -WSJ (21.42, -2.47, -10.34%) (related AMZN 6758.JP )

[15:35] {strider} I missed one call this morning....forget which one...was the best play of the morning

[15:35] {strider} short of someething.

[15:35] {larisa} CAT :)

[15:35] {strider} yeah

[15:35] {Threei} no chance... we will caount that profit for the purposes of your check anyway :)

[15:35] {strider} I understand.

[15:36] {dino} cya dp

[15:36] {Threei} lol dino... tyou really need something faster than 14.4 dial-up modem

[15:39] {dino} lol, i'm a busy guy, so behind on this board

[15:39] {dino} rally time imo

[15:40] {larisa} :)

[15:40] {Threei} FCX bounce candidate if market reverses up

[15:40] {Threei} semae setup

[15:40] {Threei} 75 break

[15:40] {Threei} .85 support

[15:40] {dino} seseme?

[15:41] {Threei} grrr

[15:41] {Threei} same

[15:42] {dino} van halen on

[15:44] {dino} asei

[15:50] {dino} 3:40 pattern again

[15:53] {dino} out mstr flat

[15:53] {larisa} this market is boring

[15:54] {Threei} all atrenoon, yeah

[15:54] {Threei} morning was OK

[15:55] {Threei} variation of answer:

[15:55] {dino} should have followed thru better imo

[15:55] {Threei} sorry larisa, I don't have other market fo you

[15:55] {Threei} this one is built on the idea:

[15:56] {Threei} if girl is unhappy, apologize quickly

[15:56] {Threei} doesn't matter whether you are guilty or not

[15:56] {dino} if the girl is unhappy, you will be too

[15:57] {larisa} thats ok, I still have Roubini guy, he has diff market for me :)

[15:58] {Threei} see... even apology didn't help

[15:58] {Threei} she is already looking for another guy

[15:58] {dino} ok, still have dji gaps 9599, 9725; ndx 1675, 1698; s/p 1040, 1050

[15:59] {dino} 1057, 1710 i mean

[15:59] {Threei} okay guys, thank you all

[15:59] {Threei} have a good evening

[15:59] {Threei} see you tomorrow

[15:59] {larisa} bye :)

[15:59] {strider} Thx Vad, and everyone. I'll be gone tomorrow. See you all on Monday.

[16:01] {dino} cya strider

[16:02] {dino} larisa too

[16:02] {dino} gotta hop