Comatose

09:28:51 From Dennis Parmelee : good morning
09:28:56 From Simon : Thanks Dennis. Hi all
09:29:26 From Renato : thanks E
09:29:30 From Renato : GA Simon
09:29:59 From Zeek Snodgrass : if this theta burn week, expect even smaller range for the week
09:30:37 From Mike : yep lonely biz
09:31:59 From Zeek Snodgrass : 53.75-50 is half gap
09:32:22 From Zeek Snodgrass : lwm is xxx
09:33:13 From Zeek Snodgrass : I am here till 11:30 then depends
09:33:24 From Zeek Snodgrass : if we have 3 pt range for first 2 hr, dfd
09:33:47 From Zeek Snodgrass : this is the calm before the war
09:34:52 From Zeek Snodgrass : It can be military or political or both
09:35:08 From Zeek Snodgrass : article on zero hedge about bots never selling
09:35:48 From Dennis Parmelee : look for 59.25 as first key resistance
09:35:52 From Dennis Parmelee : xxxx
09:36:25 From Zeek Snodgrass : no economic news rest of day
09:36:39 From Zeek Snodgrass : watch first hour volume
09:37:12 From Zeek Snodgrass : thinking if we get xxxx that we can go back and fill 49.5 gap
09:37:29 From Zeek Snodgrass : thinking xxx for expiration theta burn
09:37:50 From Mike : yep agree
09:47:28 From Dennis Parmelee : back in a bit
09:58:19 From Zeek Snodgrass : 56.5 is rth demon
10:01:55 From Zeek Snodgrass : NQ about to make more new highs
10:02:33 From Zeek Snodgrass : no reward for shorting and holding
10:02:36 From Zeek Snodgrass : scalping okay
10:02:57 From Zeek Snodgrass : at end of first hr we can get a pb on profit taking
10:03:23 From Zeek Snodgrass : watch for Sears to file bankruptcy soon
10:03:36 From Zeek Snodgrass : it will have a domino effect on retail industry
10:03:46 From Zeek Snodgrass : lack of credit will doom most of the retailers
10:04:01 From Zeek Snodgrass : Sam Zell said to sell and he is very good
10:08:39 From Zeek Snodgrass : I do think we can break 52 today
10:08:54 From Zeek Snodgrass : upside limited, downside limited, rth range 3.25
10:09:34 From Zeek Snodgrass : Nq did not make a new high
10:10:05 From Zeek Snodgrass : 6111 is rth open
10:10:25 From Zeek Snodgrass : 09.5 rth low
10:11:01 From Zeek Snodgrass : AAPL up on upgrade
10:11:11 From Zeek Snodgrass : I think their reasoning is wrong
10:11:23 From Zeek Snodgrass : AAPL desperately news new innovative products
10:11:29 From Zeek Snodgrass : not a new version of an old idea
10:11:40 From Zeek Snodgrass : they are becoming a commodity company
10:12:00 From Zeek Snodgrass : I like and use a lot of AAPL prodcuts
10:12:11 From Zeek Snodgrass : but nothing excites me
10:12:22 From CS : same here
10:12:33 From Zeek Snodgrass : AAPL watch is not interesting
10:12:56 From CS : the battery is supposed to suck
10:13:00 From Zeek Snodgrass : Tim Cook will be fired in next 2-3 yearss
10:13:44 From Zeek Snodgrass : only question: Are the innovators and engineers capable of delivery innovative products still at AAPL?
10:13:56 From Zeek Snodgrass : I don’t know the answer
10:15:03 From Mike : y much bigger struggle for them to lead the way they have in the past i think
10:15:33 From Zeek Snodgrass : Cook is a manufacturing wizard, not an innovator
10:15:50 From Zeek Snodgrass : He also may venture into the political which is bad for the company
10:16:01 From Zeek Snodgrass : no need to alienate any customers
10:16:10 From Mike : good pt i can see that happening too
10:17:14 From Zeek Snodgrass : big short squeeze in copper today
10:17:22 From Zeek Snodgrass : angle broken rth
10:18:10 From Zeek Snodgrass : angel
10:18:22 From Zeek Snodgrass : nnq broke rth low too
10:18:52 From Zeek Snodgrass : test globex rain line
10:19:05 From Zeek Snodgrass : so normal to bounce and then we see where if goes
10:21:19 From Zeek Snodgrass : 2 ticks left on gap
10:21:41 From Renato : Nice call, Zeek.
10:22:13 From Zeek Snodgrass : 52 low hit
10:24:25 From Zeek Snodgrass : this is second entry for longs
10:24:44 From Zeek Snodgrass : we go back to 52, expect it travel lower 50.25 Fri rth low
10:26:40 From Zeek Snodgrass : we came a bit more than 5 pts back from 57.75 high
10:26:49 From Zeek Snodgrass : now is the battle for control
10:26:58 From Zeek Snodgrass : for aout next 15 minutes
10:27:06 From Zeek Snodgrass : 54.75 pg
10:33:29 From Zeek Snodgrass : bears xx
10:33:36 From Zeek Snodgrass : see if they can follow through
10:34:06 From Zeek Snodgrass : no rth angel
10:36:29 From Zeek Snodgrass : NFLX earnings tonight
10:36:41 From Zeek Snodgrass : NQ fate riding on great numbers
10:44:39 From Simon : All the AAPL gaps above filled now. Only gaps remaining are below.
11:13:38 From Zeek Snodgrass : 2 tries to break 52
11:14:01 From Zeek Snodgrass : neutral day os far with 6 pt range
11:14:15 From Zeek Snodgrass : xxx still teh working idea
11:14:22 From Mike : hard to believe mid october
11:14:24 From Zeek Snodgrass : volume is ultra dreadful today
11:14:38 From Mike : y
11:16:27 From Mike : after netflix today the other three darlings aren’t until next week
11:21:35 From Zeek Snodgrass : AAPL excuses will be interesting
11:22:00 From Zeek Snodgrass : AMZN does no tmake money if you include interst expense on their growing debt
11:22:09 From Zeek Snodgrass : FB is a fad
11:23:01 From Mike : FB will have trouble with demographics too unless they completely change
11:35:30 From Dennis Parmelee : back for a few
11:35:40 From Dennis Parmelee : beautiful back and fill
11:35:55 From Dennis Parmelee : xxxx
11:36:06 From Dennis Parmelee : back to rain on 5
11:36:15 From Dennis Parmelee : back to rain on 15
11:36:42 From Dennis Parmelee : awful range
11:37:16 From Dennis Parmelee : xxx
11:37:20 From Dennis Parmelee : xxxx
11:37:28 From Dennis Parmelee : xxxx
11:38:03 From Dennis Parmelee : 55.5 friday’s high is the key
11:46:17 From Mike : have to run out for a bit, back later
11:48:04 From Dennis Parmelee : ok mike
11:48:10 From Dennis Parmelee : primary trade done
11:48:18 From Dennis Parmelee : neutral
11:51:23 From Zeek Snodgrass : looks like we may be stuck in the mud rest of the day withoout news
11:55:04 From Zeek Snodgrass : lunch bbl
11:55:10 From Dennis Parmelee : give back has been non-existent
11:59:07 From Dennis Parmelee : angel 52.75 demon 56.5
11:59:24 From Dennis Parmelee : xxx
11:59:44 From Dennis Parmelee : reflecting importance of dbl bottom
11:59:47 From Dennis Parmelee : 52
12:00:02 From Dennis Parmelee : friday late dbl 50
12:00:15 From Dennis Parmelee : bbl
12:16:23 From Dennis Parmelee : looks like 51/50 test
12:19:36 From Dennis Parmelee : shakeout both sides of overnihgt range
12:26:48 From Dennis Parmelee : we know we are in trouble when we break both ends of overnight range, back and fill, and its lunchtime with less than 7 point range for day
13:55:22 From Dennis Parmelee : 54.25 day’s middle
13:55:29 From Dennis Parmelee : yuk
13:56:03 From Dennis Parmelee : xxx
13:56:11 From Dennis Parmelee : xxxxx
13:56:56 From Dennis Parmelee : risk 1 make 1.5
14:20:41 From Zeek Snodgrass : dfd
14:23:41 From Mike : back but good grief
14:23:47 From Mike : i thought summer was over
14:25:38 From Mike : probably done too for the day
14:25:40 From Dennis Parmelee : death of a trader
14:25:48 From Dennis Parmelee : overtrading
14:26:05 From Dennis Parmelee : theta burn
14:26:16 From Dennis Parmelee : no interest in buying or selling
14:26:26 From Dennis Parmelee : do nothing
14:26:28 From Renato : One good trade is all we need… watching…
14:39:56 From Dennis Parmelee : too scattered here today
14:41:56 From Renato : true
14:44:32 From Mike : yep
14:44:40 From Mike : 5.5 pt IB and we’re right in the middle of it
14:47:12 From Dennis Parmelee : xxx
14:47:24 From Dennis Parmelee : 90 suport 20 resistance
14:50:07 From Dennis Parmelee : dont over trade guys
14:50:09 From Mike : catch you all later
14:50:22 From Mike : taking off now ty
14:50:33 From Mike : y ill check the last 30 or so
14:50:33 From Renato : later Mike
14:50:34 From Dennis Parmelee : bye
14:50:42 From Dennis Parmelee : ok
14:51:00 From Dennis Parmelee : market is bearish nunder 55.5
14:51:06 From Dennis Parmelee : bullish above 52
14:58:55 From Dennis Parmelee : this is not trading
14:59:04 From Dennis Parmelee : they have killed the market
14:59:19 From Dennis Parmelee : go get a job
14:59:23 From Renato : lol
14:59:36 From Dennis Parmelee : lol
15:00:04 From Renato : AMZN is hiring.
15:02:28 From Dennis Parmelee : yeah if u are a drone
15:02:59 From Dennis Parmelee : one more retest of 5.5 today maybe
15:03:09 From Dennis Parmelee : xxxxx
15:03:22 From Dennis Parmelee : xxxx
15:03:28 From Dennis Parmelee : typo
15:03:38 From Dennis Parmelee : even my fingers are not working
15:04:55 From Renato : I think I’m dftd.
15:04:59 From Renato : watching…
15:06:16 From Dennis Parmelee : i may take look after 330
15:06:22 From Dennis Parmelee : not interested
15:06:25 From Dennis Parmelee : back later
15:06:36 From Dennis Parmelee : night to all in case u bolt
15:19:27 From Evan’s iPhone : thanks for everything again E, as always makes these days better
15:44:34 From CS : thanks everyone- cya laters!
15:45:43 From Renato : GN ALL
15:45:50 From Renato : Thank you!
16:04:33 From Dennis Parmelee : u bet
16:09:44 From Dennis Parmelee : https://content.screencast.com/users/EMWS/folders/Jing/media/913a30f6-ff74-4458-8f9c-3de500d5eb1d/2017-10-16_1608.png