Wednesday, April 23, 2014

Apr 23 2014

Very narrow and inactive day. Among a few scalps and couple small stops, 1:4 on AIG long pretty much made the day.

[15:41] {dino} ty, gn 
[15:49] {dino} out mdso may calls, +.60 or 34%
[15:49] {dino} sweet way to start after vacation
[15:54] {dino} gn all, thx for ideas
Session Time: Wed Apr 23 00:00:00 2014
[08:58] {dptl} good morning
01[08:59] {@Threei}  dp :)
[09:05] {dino} gm
01[09:05] {@Threei}  dino :)
[09:06] {RonS} gm...hope ese didn't get plug'ed...tried to warn him
01[09:06] {@Threei}  ron :)
01[09:07] {@Threei}  PLUG Files to offer 15M shares of stock (10.4% of shares outstanding)
01[09:07] {@Threei}  same story, zillionth time...
[09:08] {RonS} ya, get the little guys involved...and kill them
[09:08] {Phil} Hi all
01[09:09] {@Threei}  hi Phil, welcome
01[09:09] {@Threei}  some headlines... look at this:
[09:09] {Phil} thanks, glad to be here
01[09:09] {@Threei}  Agence France-Presse: Ukraine rebels brace for new assault as US troops head to region
01[09:09] {@Threei}  from this, you'd think US troops are coming to help
01[09:10] {@Threei}  in reality, it's 600, and deplyed in other countries thousands miles away
[09:11] {dino} welcome to our jungle phil
[09:12] {nemo} asylum
[09:12] {dino} good series asylum on american horror story
[09:15] {RonS} Russia cancels over half a billion dollars in bond sales due to lack of bids:
01[09:16] {@Threei}  huh? but I thought Angola supported Russia. Why won't they buy their bonds?
[09:18] {dino} no, that was nigeria
[09:18] {dino} the prince is buying
[09:19] {nemo} spy volume very low
01[09:19] {@Threei}
01[09:19] {@Threei}  :)
01[09:25] {@Threei}  low activity pre-market often results in a slight pullback at the open, then floating up
01[09:25] {@Threei}  let's take it as a working scenario for now
[09:29] {nemo} dal looks short
01[09:29] {@Threei}  FB swan dive
01[09:31] {@Threei} Long Setup:  C  48 break
01[09:31] {@Threei}  If holds  .90 
01[09:33] {@Threei}  1:1  
[09:36] {dino} vmw gap fill feb
01[09:36] {@Threei}  FB FTC approves acquisition of Occulus VR
01[09:36] {@Threei}  wow DAL
[09:39] {dino} cree blood
01[09:42] {@Threei} Long Setup:  YHOO  .70 break
01[09:42] {@Threei}  If holds  .60 
01[09:44] {@Threei}  nah
[09:44] {Les} SPY
01[09:46] {@Threei} Long Setup:  AIG  .10 break
01[09:46] {@Threei}  If holds  51 
01[09:56] {@Threei}  gosh AIG... move your butt already
[09:57] {Les} that's it, harsh language
[09:57] {Les} indexes respecting vwap for the moment
01[09:58] {@Threei}  VWAP: they better. I accept no disrespect
01[09:59] {@Threei}  1:1  
[09:59] {Les} aah older brother of nemo I name thee
[09:59] {Les} scalped and out
[09:59] {Les} ty
01[09:59] {@Threei}  *(US) MAR NEW HOME SALES: 384K V 450KE
01[09:59] {@Threei}  yw
01[10:00] {@Threei}  is it still weather? or there is some new excuse in the air?
[10:05] {Les} what's wrong with the weather?
[10:05] {Les} bloody nice here
01[10:05] {@Threei}  for a few months, any bad number was explained away by weather
[10:05] {dino} vmw smr l .47 gappy
[10:05] {Les} tomatoes are going in today
01[10:07] {@Threei} Short Setup: WMT  78 break
01[10:07] {@Threei}  .c .08
01[10:07] {@Threei}  If holds  .08 
01[10:08] {@Threei}  Invalidated  
[10:09] {dino} adding cree calls
01[10:10] {@Threei}  DAL Look forward to updating plans on returning capital to shareholders and the 5-year operational plan in early May - conf call
01[10:11] {@Threei}  ok AIG, go to 1:4 and make out morning
01[10:12] {@Threei}  1:2  
01[10:17] {@Threei}  Brussels calls on Ukraine to refrain from using force while protecting territorial integrity
01[10:17] {@Threei}  I call on Brussels to refrain from breaking eggs while making an omelet
01[10:18] {@Threei}  stop .24 AIG
01[10:18] {@Threei}  briefly touched 1:3
[10:18] {dino} how they hell can you protect w/o force?
[10:18] {dino} they are giving russia ukraine
01[10:18] {@Threei}  Brussels will show how it's done by making that omelet I assume...
[10:19] {dino} egg beaters?
[10:19] {Les} Chamberlain showed how it was done. look to history
[10:19] {dino} looking familiar
01[10:20] {@Threei}  1:3  
[10:20] {dino} gj
01[10:20] {@Threei}  ty, want 1:4
01[10:21] {@Threei}  I am pretty sure Ukraine will be broken down by a few pieces before presidential election takes place
[10:22] {dino} i wonder if brussels would refrain from using force to protect itself
01[10:23] {@Threei}  their usual blah blah
01[10:23] {@Threei}  Ukraine is damned if they do and damned if they don't...
01[10:24] {@Threei}  no force means separatists bite off new and new towns and territories
01[10:24] {@Threei}  force means an excuse for Russia to send troops in
[10:24] {RonS} wow...this looks cool...Four Seasons new branded jets offer in-flight chefs and a concierge for its 52 passengers
[10:25] {dino} what, no dancers?
01[10:25] {@Threei}  $119,000 per person for double occupancy and $130,000 to travel solo.
[10:26] {Phil} not sure what use a concierge would be at 35000 feet? maybe "can you get me another double vodka"
01[10:26] {@Threei}  DAL should do that
01[10:27] {@Threei}  well, with in-flight chefs they might be able to add cranberry juice to that vodka...
[10:28] {dino} out vmw 96.17, +1.70
[10:28] {RonS} gj
01[10:28] {@Threei}  wtg
[10:28] {dino} ty
[10:29] {Les} like CREE here
[10:29] {dino} in calls
[10:29] {RonS} indian lover?
[10:30] {Les} resistance stillholding yeh saw that
[10:30] {dino} having trouble around 52.60s
01[10:30] {@Threei} Short Setup: GLD  .55 break
[10:30] {Les} vwap + 34ema strong 
01[10:31] {@Threei}  lol ron
[10:31] {Les} woha
01[10:32] {@Threei}  1:1  
01[10:46] {@Threei}  AIG 1:4 close enough
01[10:46] {@Threei}  out
[10:46] {Les} nice
[10:46] {Phil} nice trade
01[10:46] {@Threei}  so far working assumption works
01[10:47] {@Threei}  (I guess that's why they call it working)
[10:47] {Les} btfd?
01[10:47] {@Threei}  pullback, then slow climb back up
[10:47] {Les} tell that to GLD. stomp on it
01[10:47] {@Threei}  [09:25] {@Threei} low activity pre-market often results in a slight pullback at the open, then floating up
01[10:47] {@Threei}  [09:25] {@Threei} let's take it as a working scenario for now
[10:51] {thomcbell} aal on watch for a long here 
[10:53] {dino} wow, sold vmw way too soon
[10:59] {Les} trying a little cree .95
[10:59] {Les} stop under .80
[11:09] {dino} prta spike
[11:09] {dino} um smr l .78
[11:10] {dino} yum
[11:13] {dino} stop is lod
[11:15] {Les} 2nd go CREE
[11:15] {Les} .76
[11:15] {nemo} short, or long?
[11:15] {Les} long
[11:15] {Les} you insulting my already limited intelligence
[11:15] {dino} typical cree, earnings decent, drops hard. in 3 days it will be above todays high
01[11:16] {@Threei}  I see no any discernable setup there
01[11:16] {@Threei}  and spread is horrible
01[11:16] {@Threei}  are you just throwing darts Les?
[11:16] {Les} yeh like options
[11:18] {dino} theres your trigger les, higher/high
[11:18] {Les} trade is paid for
[11:18] {dino} higher/low
[11:18] {Les} half out
[11:18] {Les} yeh bit early on the trigger
[11:18] {Les} my wife been telling me that for years
[11:18] {nemo} how did you have kids then
[11:18] {Les} big guns compensate
[11:19] {Phil} lol
[11:19] {nemo} not without putting the ammunition in the right place
[11:19] {Les} ;)
[11:19] {dino} lol
[11:19] {Les} now now family site this is
[11:21] {Les} no vad key reversal points with indicator help. should have let .75 be tested instead of buying the spike like a chump
[11:21] {Les} VWAP or bust now
[11:22] {nemo} fas with a tight stop long here worth it
[11:22] {nemo} stop under .85
[11:22] {nemo} bastids
[11:23] {Les} pivot...
[11:23] {nemo} so much for never shorting a dull market
[11:23] {dino} yum air pockets, wtf, had .20 now down .20
[11:23] {nemo} no range, no volume today, easy to push in either direction
01[11:23] {@Threei}  SODA Hearing recent strength attributed to Israel press speculation that SBUX could take a 10% stake in the company valuing the company in excess of $1.1B
[11:24] {thomcbell} hd 79.30 short break if holding 79.40
[11:25] {dino} vmw smr l .30 wide
01[11:26] {@Threei}  crap... was looking at EBAY short at 55, for some reason decided it wasn't the right trade
[11:28] {dino} lamr spike
[11:28] {dino} irm spike
[11:28] {dino} eqix spike
[11:29] {thomcbell} hd cancel
01[11:29] {@Threei}  LAMR Confirms Receipt of IRS Private Letter RulingProvides 2014 Guidance
[11:30] {dino} lamr hl s .99
[11:32] {dino} out vmw .70, +.40
[11:32] {dino} cov lamr .69, +.30
[11:33] {RonS} here it comes...FM Lavrov: “Russian citizens being attacked is an attack against the Russian Federation”
01[11:33] {@Threei}  scenario plays out to the t
[11:33] {RonS} a++
[11:33] {dino} thought they were ukrainians speaking russian
01[11:36] {@Threei}  that's new nationality, dino... Chameleonis RusUkr, they call it
[11:36] {RonS} father-in-law called me a half-breed...russian hands and roman fingers...
[11:36] {dino} lol
[11:38] {dino} vad, i am reading "bllodlands, europe between hitler & stalin", very interesting, especially w/this ukrainian situation today
[11:38] {dino} bloodlands
01[11:38] {@Threei}  haven't read that particular one, but I believe I know the story well
01[11:40] {@Threei}  can you believe how it all plays out once again?
[11:40] {dino} very similar. the occupation reasons are the same
01[11:40] {@Threei}  doubtlessly, history teaches us nothing
01[11:41] {@Threei}  read somewhere a week or two ago comparison between patriotic speeches by Hitler back then and Putin these days... it's beyond chilling
01[11:42] {@Threei}  "Our nation is rising from its knees"
[11:42] {dino} wait for the forced deportations
01[11:42] {@Threei} Long Setup:  EBAY  .80 break
01[11:42] {@Threei}  If holds  .70 
[11:55] {dptl} double sided?
01[11:57] {@Threei}  looks like, yes
01[12:03] {@Threei} Long Setup:  WMT  .10 break
01[12:03] {@Threei}  If holds  78 
[12:11] {dino} yum rinsed
01[12:16] {@Threei}  "pause" day so far... very slow and narrow
01[12:17] {@Threei}  I guess market does it for Phil, to let him adapt on his first day :)
01[12:18] {@Threei}  Russian beauties are hoping to connect with you TODAY. A man like you wants the best in life. Discover it at AnastasiaDate where you?? find the most remarkable collection of ravishing women anywhere.
01[12:18] {@Threei}  ravishing eh
01[12:18] {@Threei}  dp, want me to forward you this e-mail?
[12:19] {dptl} lol...its ok :) i have some numbers
01[12:19] {@Threei}  OK... deleting then
01[12:19] {@Threei}  just make sure those are not your bank account numbers
01[12:19] {@Threei}  those ravishing women, you know...
[12:20] {dptl} yeah....
[12:23] {Phil} sorry been trying to sort MIRC, did you get some spam from me?
01[12:23] {@Threei}  unless you run russian dating agency, no
[12:24] {Phil} only on weekends
01[12:24] {@Threei}  let's trail WMT to .04
01[12:24] {@Threei}  and EBAY to .76
[12:33] {nemo} late August trading
01[12:33] {@Threei}  .15 break may take us to .16
01[12:33] {@Threei}  which if we are very lucky will be followed by .17
01[12:36] {@Threei}  closed EBAY
01[12:43] {@Threei}  ok WMT, it's time
01[12:45] {@Threei}  stubborn EDGX seller
01[12:47] {@Threei}  finally
01[12:47] {@Threei}  1:1  
01[12:48] {@Threei}  half out, stop to .09
[12:49] {dptl} watching low for .55 break short
01[12:53] {@Threei}  (RU) US NATO ambassador Confirms earlier press report that NATO jets chased off Russia military surveillance planes that violated Dutch airspace.
[13:12] {dino} arhm sm l .65
[13:15] {dino} opps armh
[13:41] {dino} vmw smr l .40
[13:41] {mib_ss76vq} hello
[13:41] {mib_ss76vq} hello hello
01[13:41] {@Threei}  ?
[13:42] {mib_ss76vq} whats up
[13:42] {dino} slow afternoon
01[13:42] {@Threei}  see private message
[13:42] {nathan} hi gents
01[13:42] {@Threei}  hey nathan
[13:43] {dino} hey nat
[13:43] {nathan} what's up dino?
01[13:43] {@Threei}  mib_ss76vq, see private message
[13:43] {dino} bored
[13:43] {nathan} yep
[13:43] {nathan} so slow
01[13:44] {@Threei}  nathan... I tired to entertain them with 1:4 on AIG... but they are still bored
[13:44] {nathan} lol
01[13:44] {@Threei}  some are never happy {G}
[13:44] {nathan} :-)
01[13:47] {@Threei} Long Setup:  TZA  .30 break
01[13:47] {@Threei}  If holds  .20 
01[13:48] {@Threei}  watch VXX for possible pullback entry, around .10
[13:49] {dino} achc drop
[13:49] {thomcbell} wow that thing is ugly 
01[13:50] {@Threei}  {that thing} I want second opinion
[13:51] {nathan} oh shit BK
[13:52] {dino} bk spike
[13:52] {nathan} kick me out
[13:52] {nathan} i was in  :-(
[13:52] {nathan} in the wrong direction
[13:52] {RonS} $BK working w/ GS for apparent unit sale
[13:52] {dino} s bk .46
01[13:53] {@Threei}  nathan... why were you in??
[13:54] {nathan} there were some kind of double botton
01[13:54] {@Threei}  but you were short
[13:54] {nathan} double top
[13:54] {nathan} i sorry
01[13:55] {@Threei}  I don't see it
01[13:55] {@Threei}  or any other short setup
01[13:55] {@Threei}  didn't we agree that trading on "I think" is a no-no?
[13:56] {nathan} true, but there were some kind of double top: -cog at 15 min graph, 2 max a 1min graph
01[13:57] {@Threei}  setup has to be strictly defined
01[13:57] {@Threei}  what serves as a trigger, what serves as a stop, what serves as an invalidation
[13:59] {dino} armh stop -.30
01[14:05] {@Threei} Long Setup:  VXX  .10 break
01[14:05] {@Threei}  If holds  41 
01[14:15] {@Threei}  half out vxx
01[14:15] {@Threei}  half out TZ\A
01[14:15] {@Threei}  TZA
01[14:17] {@Threei}  today feels different into eod, panic is likely
01[14:17] {@Threei}  and you know how I love panic
[14:17] {Phil} Vad, am I right seeing a C&H on C?
01[14:18] {@Threei}  yup
01[14:18] {@Threei}  not sure it's wprth a trade but chart confguration is there'
01[14:18] {@Threei}  1:1  VXX 
[14:18] {Phil} OK thanks, just trying to train my eye still
[14:28] {dino} cov bk +.05 won't move
[14:28] {nemo} what is moving?
[14:28] {dino} lol, good point
01[14:49] {@Threei}  ok TZA
01[14:49] {@Threei}  make our evening
[14:55] {thomcbell} swks very impressive
[14:56] {dino} cramer pushing it
01[15:07] {@Threei}  ok, where is my panic?
[15:09] {dino} not here, going green
01[15:09] {@Threei}  :(
[15:10] {dino} they want 7 up in row
01[15:11] {@Threei}  even if market manageds to contain the loss to what it is right now, it's a success for bulls
01[15:11] {@Threei}  breather before resuming uptrend
[15:13] {dino} out vmw .20, +.80
01[15:13] {@Threei}  not too shabby
[15:14] {dino} ty, took about 2 hours, but what the hell
01[15:16] {@Threei}  I don't know... there is a rule somwehere that if it took more than an hour to make profit, you have to transfer half to charity named "SEC"
[15:16] {dino} just my luck
[15:25] {nemo} finnies have been strong all day
01[15:31] {@Threei}  that C&H worked on C, Phil
01[15:34] {@Threei} Long Setup:  JPM  .05 break
01[15:34] {@Threei}  If holds  56 
01[15:34] {@Threei}  finishing scalp with very small risk
[15:39] {Phil} yes, hopefully will help me build confidence
01[15:43] {@Threei}  meh
[15:49] {nemo} $.62 range on the spy today, sheesh
01[15:50] {@Threei}  yeah, narow
01[15:52] {@Threei}  okay guys, thank you all
01[15:53] {@Threei}  have a good evening, see you tomorrow
[15:53] {dino} same here, gn all
[15:53] {Phil} thanks, see you tomorrow
[15:53] {dptl} see ya tomorrow all

Tuesday, April 22, 2014

Apr 22 2014

Made some corrections to yesterday's strategy by cutting trades during afternoon inactivity. Result is eight winning trades ranging from scalps to 1:3, making it a "can't lose" day.

Session Time: Tue Apr 22 00:00:00 2014
[09:02] {RonS} gm, cosmo...been watching your big brother's show on tv...
01[09:02] {@Threei}  ron :)
01[09:02] {@Threei}  Kramer?
[09:03] {RonS} Cosmos
01[09:04] {@Threei}  ok... 3 brothers then
[09:05] {RonS} maybe 4, the oldest might be Cosmost...
01[09:05] {@Threei}  lol
[09:09] {RonS} always cracked me up that George Foreman named his four boys George...
01[09:09] {@Threei}  easier to remember.,..
[09:10] {RonS} understood it though since my Dad, got into this habit of naming every other three brothers before calling us by our name...
01[09:11] {@Threei}  with each next year, I can see better and better how that happens :)
01[09:19] {@Threei}  dino can't stop golfing?
[09:26] {ese} morning
01[09:26] {@Threei}  ese :)
[09:27] {nemo} spy volume low
01[09:28] {@Threei}  overall, not much drive in the market either way
01[09:29] {@Threei}  slowly floating up, cautious and ready to retreat on a moment notice
[09:29] {nemo} no retreat...Europe gonna' unleash the QE spigots
01[09:31] {@Threei} Long Setup:  C  .95 break
01[09:31] {@Threei}  If holds  .85
01[09:33] {@Threei} Short Setup: FB  .70 break hl
01[09:34] {@Threei}  1:1
01[09:34] {@Threei}  too fast for entry
01[09:34] {@Threei}  1:1  C
01[09:37] {@Threei}  FB is quite detremined this morning
01[09:38] {@Threei} Short Setup: FB  .90 break hl
01[09:39] {@Threei}  If holds  63
01[09:39] {@Threei}  valid
01[09:41] {@Threei}  half out
01[09:41] {@Threei}  .83
01[09:41] {@Threei}  stop .96
01[09:41] {@Threei}  1:1
01[09:42] {@Threei}  1:2
01[09:43] {@Threei}  1:3
01[09:43] {@Threei}  done
01[09:45] {@Threei} Long Setup:  FB  .60 break hl
01[09:45] {@Threei}  If holds  .50
01[09:46] {@Threei}  1:1
01[09:48] {@Threei} Short Setup: GLD  .05 break
01[09:48] {@Threei}  If holds  .15
01[09:51] {@Threei}  disregard, stays in a narrow range too long
01[09:52] {@Threei} Long Setup:  DAL  .75 break
01[09:52] {@Threei}  If holds  .65
01[09:53] {@Threei}  stop to .69
01[09:53] {@Threei}  touched 1:1, no fill
[09:54] {dino} gm
01[09:54] {@Threei}  hey dino
01[09:54] {@Threei}  1:1
01[09:54] {@Threei}  done golfing?
[09:55] {dino} yea, back to work for couple months
01[09:55] {@Threei}  right... as we know, golf is very stressful
01[09:56] {@Threei}  1:2
01[09:57] {@Threei}  your cortisol levels shoot up so much, you better stock up on Rhodiola
01[09:58] {@Threei}  *(US) APR RICHMOND FED MANUFACTURING: +7 V +2E
01[09:59] {@Threei}  *(US) MAR EXISTING HOME SALES: 4.59M V 4.56ME
01[10:00] {@Threei}  huh... GLD triggered after all
01[10:03] {@Threei} Long Setup:  FB  .70 break hl
01[10:03] {@Threei}  If holds  .60
01[10:05] {@Threei}  let's trail to .64... a bit too much resistance
01[10:05] {@Threei}  out
01[10:11] {@Threei} Short Setup: DAL  .90 break
01[10:11] {@Threei}  If holds  35
06[10:13] * @Threei slaps Les around a bit with a large alarm clock
01[10:14] {@Threei}  missed 4 wins...
[10:15] {Les} night shifts a bitch
01[10:16] {@Threei}  that's OK... we all have our demons to fight. Ask dino, he is being tortured by golf demon
01[10:17] {@Threei}  1:1  DAL
[10:17] {Les} huh it's a hard luck life
01[10:17] {@Threei}  that was for you personally... but I am not doing one pesonal for dp when he wakes up
[10:18] {Les} sorry, outside smelling the flowers. another one pleasee
[10:19] {Les} short the spy .84
06[10:19] * @Threei weighs a police baton in one hand and 2x4 in another
[10:20] {__pricetime} was that .90 break a simple Price Action play? thanks
01[10:20] {@Threei}  rather setup based on chart pattern
01[10:21] {@Threei}  which is actually price action, yes... but presented in a visual form easy to identify
[10:21] {__pricetime} aha yes ty
01[10:21] {@Threei}  sure thing
01[10:22] {@Threei}  frikin GLD got away
01[10:22] {@Threei}  1:3 since original trigger
01[10:23] {@Threei} Long Setup:  GM  .30 break
01[10:23] {@Threei}  If holds  .25
01[10:23] {@Threei}  just a scalp most likely
[10:26] {Les} SPY cutflat
[10:27] {nemo} low volume no selling pressure anywhere
[10:27] {Les} taking too long
[10:27] {Les} what won't go donw
01[10:27] {@Threei}  action slows down early this week
01[10:28] {@Threei}  yesterday we lost all the drive in the market about 11
01[10:28] {@Threei}  stayed locked in a narrow range into close
[10:28] {dino} mdso sm l .70
01[10:28] {@Threei}  so taking only low risk plays now, like GM
01[10:29] {@Threei}  FB worked like charm earlier
01[10:29] {@Threei}  and DAL on a long side
01[10:29] {@Threei}  and again... can't believe we canceled planned entry on GLD short
01[10:29] {@Threei}  look at this slimy bastard
01[10:30] {@Threei}  124.05 short was the idea
[10:31] {Les} typed in GME by error. Nice setup
[10:32] {dino} mdso stop is brl lod
[10:32] {dino} brk
[10:34] {dino} mdso stop -.22
[10:36] {dino}  lxk sm l .60 stop lod break
01[10:37] {@Threei}  half out GM
01[10:38] {@Threei}  stop to .29
[10:39] {Les} VXX smack into vwap resistance
01[10:42] {@Threei}  here he comes
[10:42] {dptl} good morning
06[10:43] * @Threei slaps dptl around a bit with a huge alarm clock
[10:43] {dptl} just was busy...just got back
01[10:43] {@Threei}  missed 6 winning plays, and no, I am not calling another one specifically for you
[10:44] {dptl} 6? wow
01[10:44] {@Threei}  1:3, 2 1:2s...
[10:44] {dino} scanners barely moving
[10:44] {dptl} nice :)
01[10:45] {@Threei}  US backs Ukraine, warns Russia with Biden visit
01[10:46] {@Threei}  Russia: oh yeah, we are so scared of Biden
[10:46] {dino} and his joker smile
01[10:46] {@Threei}  Biden: US to support civil society in Ukraine
01[10:47] {@Threei}  Ukraine: we have one? wow
01[10:47] {@Threei}  who let this clown out?
[10:48] {__pricetime} amazing Vad, добро жилаю. Have a great day all
01[10:48] {@Threei}  thank you
[10:51] {Les} cyrilic script... cool
[10:54] {dino} dds spike
[10:56] {dino} dds smr s .11 wide
[10:59] {ese} gotta go...too much school stuff on the go....cya tomorrow
01[10:59] {@Threei}  take care ese
[11:00] {dino} dds stop and reload smr s .33
01[11:04] {@Threei} Long Setup:  AIG  .10 break
01[11:04] {@Threei}  If holds  51
01[11:07] {@Threei}  Invalidated
[11:15] {Les}
[11:15] {Les} the future of state control
[11:16] {RonS} don't have one...
[11:16] {Les} That dead Ukrainian president uses state telecom to target text everyeone protesting
[11:17] {RonS} from the other side?
[11:17] {RonS} spooky...
[11:17] {Les} son of Nemo I name you
01[11:17] {@Threei}  lol
01[11:25] {@Threei}  Armstrong is absolutely right about IMF
[11:25] {RonS} mcd getting greasy...
[11:25] {thomcbell} cien kangaroo tail vad
01[11:25] {@Threei}  McDonald's Corp CEO: recent signs of economies stabilizing in our major markets; remain cautious on Europe - conf call- China Q1 SSS +6.6%. Plan to open 300 new China restaurants this year; on track to increase franchises from 15% in current quarter to goal of 20-25% franchise stores.
01[11:26] {@Threei}  CIEN, if bounces over .60, short with .70 resistance
01[11:28] {@Threei} Short Setup: CIEN  .60 break
01[11:28] {@Threei}  If holds  .70
[11:28] {dino} dds bs to .80
[11:29] {dino} lxk to .83
[11:30] {dino} mdso gap below around 37
[11:31] {dino} lxk to .99
[11:33] {dino} out lxk .03, +.41
01[11:34] {@Threei}  wtg
[11:34] {dino} ty
[11:34] {dino} dds stuck tighten bs
[11:36] {dino} cov dds .86, major slip, +1.47
01[11:42] {@Threei}  that's a slip, eh?
[11:42] {dino} was at .76
[11:55] {Les} scalped cien outta here a+
01[12:11] {@Threei}  (UR) Ukraine military aircraft has reportedly been struck by gunfire emanating from a town controlled by pro-Russian activists - press
[12:17] {thomcbell} met looks kind of interesting long here
01[12:33] {@Threei}  deep freeze
01[12:34] {@Threei}  not repeating yesterday's mistake, spoiling good morning with pushing trades during inactive time
[12:35] {thomcbell} yes agreed
[12:40] {dino} adding mdso calls
[12:47] {thomcbell} feye looking vulnerable here - too wide a pattern
[12:47] {RonS} they always say that about tina...
01[12:49] {@Threei}  lol
01[13:01] {@Threei}  Freddie Mac Strength attributed to chatter that GSE reform effort could be delayed- A financial blogger suggests today that "Housing-finance reform looking less likely this year"
01[13:01] {@Threei}  really
[13:01] {RonS} realized over the past several weeks that when adfn and flow show up with fair sized offers on Level II someone is trying to keep a lid on the price so they can buy lower...example mdso at 39.24
01[13:01] {@Threei}  what's the rush
01[13:01] {@Threei}  just 6 years since housing meltdown, why would we want to reform that so soon
01[13:02] {@Threei}  Ron... you may want to review scalping video course, part about level 2 use :)
[13:03] {RonS} ya well, you taught me this stuff...
01[13:04] {@Threei}  there was even an acronym
01[13:04] {@Threei}  NITBB
01[13:04] {@Threei}  no intention to buy bids
01[13:04] {@Threei}  and NITSO
01[13:04] {@Threei}  (I'll wait for you to decode that :) )
[13:05] {RonS} :) ) = smile from a guy with a double chin?
01[13:05] {@Threei}  and a week or two ago nemo posted a link to SEC idiots prosecuting some small prop firm for that
01[13:05] {@Threei}  stuff old as market itself
01[13:07] {@Threei}  no, it's a smile within brackets
01[13:08] {@Threei}  Acting President of Ukraine Turchynov ordered the nation's security forces to restart the anti-terrorist operation in the east of the country.
01[13:08] {@Threei}  Putin: finally!
01[13:10] {@Threei}  New York Times: With sharp rebuke to Russia, Biden... (I couldn't read the rest)
[13:29] {nathan} hi gents
01[13:29] {@Threei}  hey nathan
[13:29] {nathan} how was the morning?
01[13:29] {@Threei}  7 wins, 1 stop
[13:30] {nathan} good ratio
[13:40] {RonS} lol: Florida Man Tries to Keep Low Profile Hauling 800lb Shark in Pick-Up Truck …
01[13:40] {@Threei}  lol
[13:47] {dino} wag spike
[13:48] {dino} smr s .84 wag
[13:48] {dptl} nem interesting here on pullback
[13:49] {RonS} sune now
[13:50] {RonS} hearing sune news re einhorn
01[13:51] {@Threei}  SUNE Ticking higher on circulation of letter from Greenlight Capital asserting valuation should be as high as $35/shr
[13:52] {dino} conn spike
[13:53] {thomcbell} wow that sune traded a ton of volume in last 5 minutes
[13:53] {RonS} sune 52 mil sh short
[13:54] {RonS} smoke 'em if you got 'em...
[13:56] {dino} cov wag .34, +.50
[13:57] {RonS} gj, dino wag's the tail...
[13:57] {dino} lol, ty
[14:00] {RonS} mdso thicker than oprah after going to Popeye's...
[14:01] {dino} lol
[14:01] {thomcbell} lord god Ron
[14:01] {dino} put a liitle dds s on .07, missed posting, sidetracked w/wag
[14:08] {dino} cov dds .74, +.33
[14:11] {RonS} 3i, fyi Popeye's is a fried chicken chain popular with US blacks and activley slobbered over on air by oprah...
[14:12] {RonS} case the spelling police show up...
[14:13] {RonS} conn still running
[14:15] {RonS} conn turned
[14:16] {dino} wag spikes again
01[14:21] {@Threei}  got it Ron
01[14:21] {@Threei}  it was lost on me as you guessed :)
[14:23] {dptl} watching pep for .20 break short
[14:25] {RonS} conn run on greenlight too
[14:27] {dino} pumping his own book
01[14:30] {@Threei}  US official: People in Ukraine's east enthusiastic about presidential election - yup, about as much as they are about gonorrhea
01[14:31] {@Threei} Short Setup: MCD  .20 break hl
01[14:31] {@Threei}  If holds  .30
01[14:36] {@Threei}  Invalidated
[14:36] {dino} mdso gap fills
[14:39] {dino} mdso hl l .50
[14:40] {thomcbell} sune pretty impressive back and fill
[14:51] {dino} mdso stop
[14:55] {dino} rinsed
01[15:03] {@Threei}  (UR) EU reportedly agrees to delay any new sanctions on officials related to the Crimea issue in light of Geneva agreement; additional sanctions to be implemented if Geneva agreement fails
01[15:03] {@Threei}  just as we assumed - Crimea is written off
01[15:04] {@Threei}  which sends a mesage: as long as you just do what you want and wait it out, howling will remain just that, and will die down with time
[15:06] {cosmo} howling dies down because of the SSRI's
01[15:07] {@Threei}  I need a decoder ring...
[15:08] {cosmo} looking...
01[15:08] {@Threei} Short Setup: MCD  .50 break
01[15:08] {@Threei}  If holds  .60
01[15:12] {@Threei}  Wall Street Journal: Tensions flare in eastern Ukraine despite Biden warning to Russia
01[15:13] {@Threei}  can you believe it... they defy him
[15:13] {dino} nbr little spike
01[15:18] {@Threei}  1:1
[15:22] {dino} mdso hl l .75
[15:23] {dino} out .05,
[15:23] {dino} +.30
01[15:24] {@Threei}  wtg
[15:24] {thomcbell} WB coming back towards the pivot may look for a long setup
[15:25] {dino} ty
[15:26] {dino} gap fill and run, i played it wrong
[15:27] {nathan} have fun gents
[15:27] {nathan} see u tomorrow
01[15:27] {@Threei}  take care nathan
01[15:30] {@Threei}  closed on a trail
[15:31] {dino} klic spike
01[15:36] {@Threei}  OK guys, great day we had. Allow me to leave early as wife is a birthday girl today and requires due attention
01[15:36] {@Threei}  have a good evening, see you tomorrow
[15:36] {thomcbell} alright Vad take care happy bday
[15:36] {RonS} have a nice evening
01[15:36] {@Threei}  ty
01[15:37] {@Threei}  KLIC dino: Kulicke & Soffa Industries Inc. Lemelson Capital Management announces stake, delivers letter to management and board members urging immediate share repurchase

Monday, April 21, 2014

Apr 21 2014

Back and forth day: started with a few nice wins, continued with a few stops, finished with nice 1:3er. All in all, about flat.

Session Time: Mon Apr 21 00:00:00 2014
[09:02] {dptl} good morning
01[09:02] {@Threei}  dp :)
[09:18] {thomcbell} some firm put a $50 price target on MU
[09:18] {thomcbell} Stock been grinding all morning
01[09:19] {@Threei}  Micron Technology Inc Price Target raised to $50 from $30 at Drexel Hamilton, reiterates Buy rating- Firm notes low priced mobiles and data center competition already pushing DRAM and believes this summer is looking a replay of last years firm pricing.
[09:23] {RonS} top 'o a spring week everyone
01[09:23] {@Threei}  Ron :)
[09:24] {ese} lock and load
[09:24] {ese} errrrrrrrr
[09:24] {ese} i mean good morning
01[09:24] {@Threei}  lol ese
[09:24] {ese} mornin vad
[09:27] {RonS} so, 3i, wife needed a new computer...bought first aapl product, mac all-in-one has a picture resolution that is just stunning
01[09:27] {@Threei}  yeah, artsy types usually prefer that
[09:28] {cosmo} hmmm...can't do it; i love PC's
[09:28] {RonS} lol, that's not me but spent years being a video and audio guy
[09:29] {RonS} has an intel chip...
[09:29] {cosmo} amd here
[09:31] {RonS} my pc guru says "pay the extra $100 for an intel chip, they are much more reliable than amd" amd pc at the time was becoming crashish...
01[09:31] {@Threei} Long Setup:  C  .20 break
01[09:31] {@Threei}  If holds  .10
[09:32] {cosmo} oh...
01[09:32] {@Threei}  change to .10 break
01[09:32] {@Threei}  If holds  48
01[09:34] {@Threei}  trail to .04
01[09:34] {@Threei}  1:1
01[09:37] {@Threei} Long Setup:  MU  .70 break
01[09:38] {@Threei}  If holds  .60
01[09:38] {@Threei}  1:1
01[09:40] {@Threei}  1:2
01[09:41] {@Threei}  1:3
01[09:41] {@Threei}  out
[09:41] {RonS} ty mu 3i
01[09:41] {@Threei}  :)
[09:43] {dptl} out last mu ty
[09:43] {dptl} .11
01[09:43] {@Threei}  yw
01[09:43] {@Threei}  nice patience
01[09:43] {@Threei}  unless you just fell asleep midtrade
[09:44] {dptl} lol..
01[09:47] {@Threei} Long Setup:  SLW  .80 break
01[09:47] {@Threei}  If holds  .70
01[09:48] {@Threei}  Invalidated
01[09:49] {@Threei} Long Setup:  MU  .85 break
01[09:50] {@Threei}  If holds  .75
01[09:51] {@Threei}  trail to .79
[09:53] {RonS} atls buckling
01[09:54] {@Threei}  lol
01[09:54] {@Threei}  weak knees for such a load?
01[09:55] {@Threei}  why didn't we short SLW
01[09:59] {@Threei}  1:1
01[09:59] {@Threei}  *(US) MAR LEADING INDEX: 0.8% V 0.7%E
01[10:00] {@Threei}  PLUG Signs MOU with Hyundai to Form Fuel Cell Joint Venture in Asia
01[10:01] {@Threei}  - Plug Power today announced that in line with its aggressive international growth strategy it has signed a non-binding memorandum of understanding (MOU) with Hyundai Hysco Co. Ltd. (Hysco), to create a joint venture partnership to develop and sell hydrogen fuel cells in countries throughout Asia using Hysco's advanced stack and plate technology. Specifically, the proposed five-year joint venture will develop, manufacture and sell fuel cell solutions, products and stacks for applications in Asian markets. Under the terms of the MOU, the companies must finalize the details of the joint venture by July 31, 2014
01[10:01] {@Threei}  daily looks attractive on PLUG
01[10:03] {@Threei}  New York Times’ David Brooks Says Obama Has ‘A Manhood Problem In Foreign Policy"
01[10:03] {@Threei}  Ukraine: I disagree, he screwed me good
01[10:04] {@Threei}  1:2
[10:04] {ese} L plug .52
[10:04] {cosmo} well, there's always Michell
01[10:04] {@Threei}  no new news, quite a drop
01[10:05] {@Threei}  will MU give us second 1:3er this morning?
[10:07] {dptl} closed mu ty
[10:08] {ese} out plug .79 +.27
01[10:08] {@Threei}  yw
01[10:08] {@Threei}  nice morning, 3 for 3
01[10:16] {@Threei} Long Setup:  EBAY  .90 break
01[10:16] {@Threei}  If holds  .80
[10:18] {nemo} mu looks short
[10:20] {ese} daaaaaaaaa what the H is that all about.....screen goes black then i loose everything.....daaaaaaaaaa
01[10:20] {@Threei}  wow
01[10:21] {@Threei}  disconnected too
06[10:21] * nemo "it worked ;-)"
[10:21] {ese} you as well
01[10:21] {@Threei}  no
01[10:21] {@Threei}  sounds like your computer set to go to sleep after some inactivity
[10:21] {ese} L avg plug .49 on the way dn
01[10:23] {@Threei}  no go
[10:23] {dptl} stoped ebay
01[10:25] {@Threei}  Plug Power Inc Exec: Will dramatically increase sales team in 2014; will expand in Asia - business update call comments- Confirms deal with Volkswagen
[10:27] {ese} thats good....
01[10:28] {@Threei}  I don't know...
01[10:28] {@Threei}  more good-sounding news, it drops more
01[10:29] {@Threei}  it had a good run, maybe it's sell the news
[10:30] {thomcbell} now the short interest has to go up again before it works long
[10:31] {ese} ya you could be right
01[10:35] {@Threei} Short Setup: C  .80 break
01[10:35] {@Threei}  If holds  .90
01[10:36] {@Threei}  JASO Ticking higher on circulation of financial blog chatter of a potential deal with Tesla
[10:40] {ese} hmmmmmm looked back at a few charts like thinks plug is gonna make it back to 8 today or there abouts.......get rid of the weak hands ...should make it back
[10:41] {ese} if not or 2
[10:51] {dptl} still like c short? Vad
01[10:51] {@Threei}  yes
[10:52] {ese} L plug avg .42
[10:57] {RonS} something for ese while he is waiting:
01[10:58] {@Threei}  so Ron, a few years ago I built myself a computer, and faced that chopice between intel and amd... did some digging around,
01[10:59] {@Threei}  the conclusion I came to was, it's a religious war
[10:59] {nemo} intel systems faster, but the price/performance falls to AMD usually
01[10:59] {@Threei}  canon vs nikon among photographers
[11:00] {nemo}
01[11:00] {@Threei}  decided on amd eventuallky, works flawlessly
01[11:01] {@Threei}  for extreme gamers there might be a difference
[11:02] {nemo} you got intel, yes?
01[11:02] {@Threei}  [11:00] {@Threei} decided on amd eventually
[11:02] {nemo} ahhh
[11:03] {nemo} yeah, intel at highest end better for extreme gamers...AMD was always cool for the overclockers, but Intel has become more accessible in that area also
01[11:16] {@Threei} Long Setup:  VXX  .15 break
01[11:16] {@Threei}  If holds  .05
01[11:19] {@Threei}  change to .10 break
[11:20] {dptl} in
[11:21] {dptl} stop .04 ?
01[11:21] {@Threei}  yeah
01[11:21] {@Threei}  no need for wider
[11:21] {dptl} k
01[11:21] {@Threei}  action slowed down dramatically
[11:24] {nemo}
[11:26] {RonS} hearing significant put buying going on in the indicies
01[11:29] {@Threei}  feels that way Ron
01[11:35] {@Threei}  SPY needs to lose .70
[11:35] {nemo}
[11:35] {nemo} sorry
[11:38] {dptl} out half here
01[11:38] {@Threei}  good idea
[11:38] {dptl} .18
[11:39] {dptl} trailing under .10
[11:40] {thomcbell} this athn looks like it could keep going over the coming weeks
[11:47] {nemo} sheesh bid pulls in tna
[11:53] {nathan} hi gents
[11:54] {dptl} out vxx
01[11:55] {@Threei}  hey nathan
01[11:56] {@Threei} Short Setup: WMT  .50 break
01[11:57] {@Threei}  If holds  .55
01[12:04] {@Threei} Long Setup:  PLUG  .05 break
01[12:04] {@Threei}  If holds  .95
[12:10] {dptl} dal .95 break long ?
01[12:11] {@Threei}  no read
[12:12] {dptl} k
[12:13] {thomcbell} cien 18.98 long break if holding 19.89
[12:13] {thomcbell} only half lot due to big fat big figure
[12:17] {dptl} plug still valid right?
01[12:18] {@Threei}  yes
01[12:24] {@Threei}  so Ron... tell me you are using that new brilliant high-res display to view the images at {G}
[12:27] {RonS} not yet, need to take the old computer over to load the new one with files...
[12:27] {RonS} thanks for the link however...
01[12:28] {@Threei}  always... I am happy to share my link with my dazzling images :)
01[12:28] {@Threei}  and saying "my images" I don't mean "images of me"
01[12:28] {@Threei}  that wouldn't be as dazzling
01[12:30] {@Threei} Long Setup:  TZA  .75 break
01[12:31] {@Threei}  If holds  .70
[12:33] {dptl} in .76
[12:34] {dptl} in plug
[12:40] {dptl} can we trail tza to .74?
01[12:41] {@Threei}  hmmm
[12:43] {nemo} only 30mil spy
[12:43] {dptl} ok and plug stil .94 stop right?
01[12:43] {@Threei}  plus .99
01[12:43] {@Threei}  plug
[12:43] {dptl} ok
[12:48] {RonS} get this, neighbor acquired a mature male st bernard for a companion to her newfoundland...
[12:48] {RonS} begins by exploring the local area...
[12:49] {RonS} neighbpor goes away to store...leves bernard in the hous...
[12:50] {RonS} ...leaves a screened window open on 2nd floor...bernard breaks through the screen and climbs onto roof...
[12:50] {RonS} damndest thisg you have ever seen...150 pound dog on a roof
[12:53] {RonS} that was a day after witnessed a border collie jump up into a tree following its master...about a 5 foot jump...
[12:55] {ese} no i'm not.....i'm lurking
[12:57] {RonS} come natural to a teacher of teen girls?  :)
[12:57] {ese} ah no
[12:58] {nemo} teen boys?
[12:58] {RonS} lol
[12:58] {ese} like
[13:14] {dptl} stopped plug
[13:17] {dptl} stopped tza
01[13:44] {@Threei} Long Setup:  IWM  .15 break
01[13:45] {@Threei}  If holds  .115
01[13:45] {@Threei}  If holds  .05
01[13:47] {@Threei}  Invalidated
[13:50] {nathan} watching gild
[13:50] {nathan} doent look like getting exhausted
01[13:51] {@Threei}  GILD short seup with .60 break
[13:52] {nathan} i tried 2 times before and got stopped :-(
[13:52] {nathan} at earlier levels...
[13:52] {nemo} still haven't done 35 million shares of spy
01[13:52] {@Threei}  why did you short it?
[13:53] {nathan} i "thought" it was exhausted, i "saw" double top
01[13:53] {@Threei}  because you were thinking that it was too hgih and it was time for it to drop
01[13:53] {@Threei}  surefire way to get killed
[13:53] {nathan} you're right
[13:54] {nathan} i f*!*"· two times
01[13:54] {@Threei}  there was short setup forming, kangaroo tail
01[13:54] {@Threei}  now it's invalidated
[13:54] {nathan} kangaroo tail?
[13:55] {nemo} candle formation
[13:55] {nathan} ok
01[13:55] {@Threei}  one of setups from 111 Trades
[13:55] {nathan} ok
01[14:02] {@Threei} Long Setup:  IWM  .15 break
01[14:02] {@Threei}  If holds  .05
01[14:08] {@Threei}  grrr
[14:08] {dptl} out
01[14:22] {@Threei}  wow
01[14:22] {@Threei}  something killed GILD
01[14:22] {@Threei}  ah news
01[14:22] {@Threei}  GILD CVS reportedly may try to promote competition and slow the uptake of Gilead's new drug
[14:27] {nathan} i could finally short it successfully
01[14:28] {@Threei}  if you read the future and knew about news coming
[14:28] {thomcbell} gild reports tomorrow
[14:29] {thomcbell} after bell
[14:30] {nathan} if I could...
01[14:31] {@Threei}  frikin IWM
01[14:38] {@Threei}  that's what it was supposed to do last time around
01[15:00] {@Threei}  gotta wait for deeper pullbacks on it it seems
01[15:04] {@Threei}  (RU) US State Dept indicates it could consider placing sanctions on Russia President Putin as well as other Russia Govt officials - press- Would impose sanctions on many other issues before imposing sanctions on Putin himself
01[15:04] {@Threei}  that would be a badge of honor
01[15:05] {@Threei}  his popularity is at 80%, would shoot to 90
[15:05] {thomcbell} putin probably has billions stocked away
[15:05] {thomcbell} shocking amounts
01[15:06] {@Threei}  "probably??" :)
01[15:06] {@Threei}  latest estimation, 30
[15:06] {thomcbell} make arafat and mubarak look like shmos
01[15:07] {@Threei}  better yet - as long as he is in power, he doesn't need any
[15:07] {RonS} didn't he have to split it in the divorce?  :)
01[15:07] {@Threei}  lol
[15:07] {RonS} lol
01[15:09] {@Threei}  In a locker-room humor style, in this annual broadcasting marathon, fielded dozens of generally uncritical questions from citizen, Putin told viewers about the need to get his ex-wife remarried before he can think about getting himself a new wife
[15:12] {nathan} take care gents
[15:12] {nathan} see you tomorrow
01[15:12] {@Threei} Long Setup:  GILD  .45 break
01[15:13] {@Threei}  If holds  .35
01[15:13] {@Threei}  take care nathan
[15:16] {thomcbell} this WB trades pretty orderly for a new issue since about 11
[15:17] {thomcbell} makes me think it could have a decent up move into the bell
01[15:19] {@Threei}  Invalidated
01[15:24] {@Threei} Long Setup:  FB  .95 break
01[15:26] {@Threei}  If holds  .85
01[15:28] {@Threei}  1:1
01[15:33] {@Threei}  Russia claims Ukraine is ‘grossly breaching’ agreement, hints at military intervention
01[15:33] {@Threei}  hints?
01[15:33] {@Threei}  lol
01[15:34] {@Threei}  I guess anyuthing short of tanks rolling is a "hint"
01[15:34] {@Threei}  for a long time I was wondering about one thing...
01[15:35] {@Threei}  how could Germany residents greet Hitler's delusional speeches with enthusiam
01[15:36] {@Threei}  Now observing what happens in Russia, for the first time in my life I understand how it happens
01[15:37] {@Threei}  until you see it for yourself, you've no idea how horrifying mass hysteria is
01[15:38] {@Threei}  I should add, patriotic mass hysteria
01[15:40] {@Threei}  1/4 more out
01[15:41] {@Threei}  stop .99
[15:43] {RonS} ...was pulling this up for Putin but really sounds like the O:  If you tell a lie big enough and keep repeating it, people will eventually come to believe it. The lie can be maintained only for such time as the State can shield the people from the political, economic and/or military consequences of the lie. It thus becomes vitally important for the State to use all of its powers to repress
[15:43] {RonS} dissent, for the truth is the mortal enemy of the lie, and thus by extension, the truth is the greatest enemy of the State.
[15:43] {nemo} hitler
[15:43] {nemo} or Goebbels
[15:43] {RonS} Goebbles
01[15:43] {@Threei}  lastter
01[15:43] {@Threei}  latter
[15:43] {nemo} Na ja
01[15:45] {@Threei}  actually, come to think of it, Ron... I can name very few state rulers to whome this wouldn't apply :)
[15:45] {nemo} it goes back to the Greeks
01[15:46] {@Threei}  I would probably name Harper, but ese would take a severe umbrage
[15:46] {RonS} ya, I was thinking the early Popes too...
[15:46] {RonS} ...maybe all of them...
[15:47] {cosmo} i was thinking of maybe 'failed leaders'
[15:47] {cosmo} they be into truth
[15:47] {nemo}
01[15:47] {@Threei}  maybe Honduras... because no one cares what they say
[15:47] {RonS} lol
[15:48] {cosmo} or that
01[15:48] {@Threei}  and because the name of the country sounds like something you shouldn't scratch so it doesn't itch
[15:48] {RonS} tourism campaign:  Honduras...home of the truth
01[15:48] {@Threei}  rofl
[15:49] {cosmo} Iceland?
01[15:49] {@Threei}  unless they claim the title of the warmest place on Earth, maybe
[15:50] {RonS} nah Iceland...home of hot blondes, and hotter water
01[15:50] {@Threei}  sounds true enough
[15:50] {cosmo} there's always a hitch
[15:51] {RonS} of course this:  Russia...home of hot blondes that can get you into hot water
01[15:51] {@Threei}  ok FB
01[15:51] {@Threei}  last spike please
01[15:52] {@Threei}  not just blondes... all hair colors are present
01[15:52] {@Threei}  melting pot of sorts
01[15:52] {@Threei}  out FB
01[15:52] {@Threei}  almost 1:3
01[15:53] {@Threei}  thank you all, have a great evening
01[15:53] {@Threei}  see you tomorrow
[15:53] {goinshort} cya -thanks
[15:53] {dptl} see ya tomorrow all

Thursday, April 17, 2014

Market Week Wrap-up  Weekly Market UpdateChinese Medicine for a Dizzy Market

- The vague sense of unease in global markets continued on Monday and Tuesday as heightened volatility sapped risk appetite and drove the yield on the 10-year UST as low as 2.60%. China's Q1 GDP reading on Tuesday night (7.4% v 7.3%e) seemed to calm nerves and equity markets in the US, Europe and Japan moved higher in the second half of the week. Despite the better overall GDP growth, other Chinese March economic data was less reassuring. US corporate earnings were not especially strong, as firms across a wide spectrum of industries failed to show appreciable revenue growth. Early in the week, the situation in Ukraine only got worse, with Kiev seeming to botch attempts to reassert its authority in the restive eastern cities. On Thursday, four-party talks (Russia, Ukraine, the US and the EU) generated a tentative plan to de-escalate the crisis, but it remains to be seen if Russia and its partisans in Ukraine will play along. A mid-week policy speech from Fed Chair Yellen gave some solace to markets, reiterating that rates will likely stay lower for longer in this cycle due to lingering aftereffects of the economic crisis. For the week, the DJIA added 2.4%, the Nasdaq rose 2.4%, and the S&P500 gained 2.7%, for the best week in the broad index since July.

- Housing market reports out this week indicated the industry continues to weaken even after getting past severe winter weather. March building permits and housing starts missed expectations, driven by a slowdown in multi-family starts. The April NAHB housing market index was weaker than expected, moving to an anemic 47 from the 46 seen in the March report, marking the third consecutive month the index has been in contraction territory.

- Factory data yielded better results. The March US industrial production data came in at +0.7%, beating expectations, and the February numbers were revised higher. More importantly, capacity utilization rebounded to 79.2% from 78.4% in February, putting utilization at its highest level since the very beginning of 2008. This is only 0.9 percentage points below the long-run (1972-2013) utilization average.

- The flood of IPOs continued, although market turmoil has been hard on new issues. Out of the 10 IPOs that launched this week, eight priced below their expected ranges and two, Chinese firms Weibo and Leju Holdings priced at the low end of their expected range. The most anticipated new offer was the Twitter of China, Weibo, whose shares gained nearly 20% in trading on Thursday. Chinese e-commerce giant Alibaba, which owns an 18% stake in Weibo, is expected to file for its own US IPO as early as Monday.

- Gold prices tumbled approximately 2.5% on Tuesday, with spot gold dropping below $1,300 from $1,325. There was no immediate catalyst for the move, and prices closed out the week below $1,300. Commentators cited stronger US growth and flagging demand that would follow lower economic growth in China, and ignored the tensions in Ukraine. Silver and copper both moved lower along with gold.

- Earnings season picked up pace with a flurry of financial firms reporting. First quarter results out of Bank of America and Citigroup were mixed. Citi's headline results beat expectations, with net income up y/y and revenue down about 1% y/y, driven by an 18% decline in fixed income revenue. However, the firm's income growth came mostly from lower losses at Citi Holdings as the unit rolls off beleaguered legacy assets. Bank of America reported a headline loss of $0.05, well below expectations, but this was after $6.0 billion in litigation expense ($0.40) related to the FHFA legal settlement and reserves for mortgage-related matters. Much like JPMorgan and Wells Fargo last week, BoA's consumer residential mortgage originations were horrible, down 65% y/y.

- Both Goldman Sachs and Morgan Stanley posted good headline first quarter results, beating top- and bottom-line expectations. However, a deeper look at Goldman's results show a more mixed picture profit and revenue declined on a y/y basis whereas Morgan's profits were up 18% y/y. Goldman's FICC trading arm saw net revenue continue to slump, while Morgan's fixed income business grew its revenue take. Investment banking units at both firms saw double-digit revenue gains.

- United Heath was the first insurer to report earnings for the period covering the rollout of Obamacare, and it claimed health insurance reform related costs (plus lingering sequestration costs) reduced earnings by around $0.35/share. Executives warned that additional losses were possible related to the ACA.

- Investors were unhappy with quarterly results out of Google and IBM after both firms missed revenue expectations. Yahoo was more or less in line, and reported more modest gains in key advertising revenue metrics. Google saw solid y/y growth in profits and revenue, but the key paid clicks metric was negative, raising eyebrows. Sandisk crushed earnings expectations thanks to a big increase in margins and very good retail sales.

- Industrials General Electric and Honeywell, and chemicals name DuPont all missed revenue targets. Revenue and profits fell modestly on a y/y basis at GE and sharply at DuPont, although the latter had warned investors of the slump in guidance a month ago. Honeywell saw modest revenue and earnings growth, and said the firm was "cautiously optimistic on the macro environment, even with some nice momentum exiting the quarter."

- Extensive verbal intervention by European officials continued to exert little downward pressure on the EUR/USD pair. Press sources reported that the next move by the ECB would be to adopt a negative deposit rate, perhaps as soon as the June meeting. EUR/USD bounced around in the 1.3800 handle all week long. GBP/USD hit a 4.5 year high above 1.6800 after the UK unemployment rate moved below the BoE's 7.0% threshold.

- China released a full gamut of March economic data plus Q1 GDP this week. GDP slightly topped expectations, calming fears raised earlier when March M2 money supply increased at the slowest rate in years and aggregate funding fell 19% y/y. The China stats bureau noted consumption was a "decisive contributor" to Q1 GDP growth, and it also said it may begin releasing online sales figures. A researcher with China's top economic planning agency NDRC said that even a slowdown to 6.5% in 2014 overall would be acceptable without triggering more stimulus. On Thursday, a separate report showed that China foreign direct investment fell 1.5% y/y in March, for its first decline in over a year.

Apr 17 2014

Nice solid day, especially considering thin pre-long weekend trading. No fireworks, just "another day in the office" profits.

Session Time: Thu Apr 17 00:00:00 2014
01[09:13] [@Threei}  Wal-Mart Stores Inc Introduces Exclusive in store Money Transfer Service, Cuts Fees by up to 50% for Customers- Powered by Ria (subsidiary of Euronet Worldwide), Walmart-2-Walmart brings lower fees and simplicity to the money transfer market
[09:13] [cosmo} weird
[09:14] [cosmo} wanna be banker...
01[09:14] [@Threei}  Walmart-2-Walmart offers a clear fee structure with just two pricing tiers: customers can transfer up to $50 for $4.50 and up to $900 for $9.50. Competitive offerings often include 10 or more fee tiers and charge up to $70 for transferring less than $1,000
[09:23] [dptl} good morning
01[09:23] [@Threei}  dp :)
[09:25] [ese} morning
01[09:25] [@Threei}  ese :)
[09:25] [RonS} gm
[09:25] [ese} vad
[09:25] [ese} ron
01[09:25] [@Threei}  ron :)
[09:28] [Les} yo
01[09:29] [@Threei}  Les :)
01[09:30] [@Threei} Long Setup:  C  .30 break
01[09:31] [@Threei}  change to .25 break
01[09:31] [@Threei}  If holds  .15
01[09:32] [@Threei}  no go
01[09:36] [@Threei} Short Setup: WMT  .20 break
01[09:36] [@Threei}  If holds  .30
[09:37] [nemo} slow open my system isn't taxed at all
01[09:37] [@Threei}  Invalidated
[09:37] [thomcbell} mu maybe short setup soon
01[09:38] [@Threei} Long Setup:  YHOO  .10 break
01[09:38] [@Threei}  If holds  36
[09:40] [dptl} in yhoo
01[09:41] [@Threei}  half out .19
[09:42] [Les} tza
[09:42] [Les} sorry
01[09:44] [@Threei}  closed YHOO
[09:44] [dptl} out balance yhoo
[09:45] [ese} that got away....didn't catch it soon enough
01[09:46] [@Threei} Long Setup:  JPM  .50 break
01[09:46] [@Threei}  If holds  .40
[09:51] [dptl} stopped jpm
01[09:51] [@Threei}  no go
[09:52] [thomcbell} damn it mu
[09:52] [thomcbell} took ye off it
01[09:53] [@Threei} Long Setup:  EBAY  .70 break
01[09:53] [@Threei}  If holds  .60
[09:55] [dptl} valid?
01[09:55] [@Threei}  yes
[09:57] [dptl} got only half
01[09:58] [@Threei}  1:1
[09:59] [nathan} good morning gents
01[09:59] [@Threei}  morning nathan
01[09:59] [@Threei}  *(US) APR PHILADELPHIA FED BUSINESS OUTLOOK: 16.6 V 10.0E
01[10:01] [@Threei}  stop to .74 for the balance
01[10:02] [@Threei}  PLUG Plug Power Inc Ticks higher on chatter that it could announce Ford as a customer
01[10:04] [@Threei}  1/4 more out
01[10:04] [@Threei}  stop .79
01[10:05] [@Threei}  closed
[10:05] [dptl} out
[10:06] [dptl}  somehow only got half of the pos on this one
01[10:09] [@Threei} Short Setup: JPM  .35 break
01[10:09] [@Threei}  If holds  .45
[10:09] [ese} been watchin plug all morning...gonna take that bet L plug .30
[10:10] [ese} 1/2
01[10:13] [@Threei}  frikin EBAY rinsed last 1/4
01[10:13] [@Threei}  JPM stop .41
01[10:14] [@Threei}  half out
[10:14] [nathan} 1:1
[10:14] [nathan} ty vad
01[10:15] [@Threei}  yw
[10:15] [dptl} where?
01[10:15] [@Threei}  .27
01[10:15] [@Threei}  1:1
01[10:16] [@Threei}  stop .36
01[10:16] [@Threei}  by the book from here
01[10:18] [@Threei}  1:2
[10:22] [thomcbell} wow twtr very strong here
[10:23] [dptl} what was your entry jpm Vad?
01[10:24] [@Threei}  .33
[10:24] [dptl} ok same
[10:25] [ese} ok am gonna do this L plug avg .29
[10:25] [ese} alot
[10:26] [ese} i'll give you a hint...dn .01 am down 44bucks
[10:27] [ese} am up .03...puuuuuuurrrrrrrfect
[10:27] [ese} opps
[10:29] [dptl} closed jpm
[10:29] [Les} just scalped JPM long, but staying on the side otherwise.
[10:30] [Les} Market more confused than Nemo after a date with a woman
[10:31] [nathan} lol
[10:31] [nemo} at least I didn't get married
[10:32] [dptl} lol
[10:32] [nemo} Les' wife been regretting it ever since
[10:36] [nemo}
[10:37] [dptl} gis, i think its a nice looking set up for long
[10:40] [Les} ooophtouché
06[10:41] * nemo thinks, "should I drop the hammer on Les....mmmhhhhh."
[10:41] [Les} vxx otential db or setting up for dbi
[10:42] [nemo} I think it might be a bit early for that
[10:45] [ese} ok thats enough of a dangerous game out plug .42 +.13.....4400shs
01[10:45] [@Threei}  wtg
[10:45] [ese} tks...learned from the best
[10:46] [Les} gj ese
[10:46] [ese} tks les......can afford to come and see you in switzerland sometime
[10:46] [nemo} probably wouldn't be good for your IQ ese
[10:47] [Les} Nemo's right as always
[10:47] [ese} ouch
[10:47] [Les} but Montreux Jazz is only weeks away ese
[10:47] [Les} that blind black fella gonna be there
[10:47] [ese} memories for sure......last time there summer 81
[10:48] [Les} crikey was but a wee lad in a diaper at that time
[10:49] [Les} DV vxx stands
[10:49] [Les} db
[10:50] [Les} shit ese you were the market in plug
[10:51] [RonS} no way Les, that stock is the most over-followed and over-owned stock out there by the retail trders in the US
[10:51] [ese} hardly buddy.....9.6mil to this point......just a drop in the bucket
[10:51] [Les} c'mon Ron permit me some hyperbole
[10:52] [ese} am thinkin about reloading with half of that 1/2
[10:52] [RonS} just sayin...the whole thing feels like a huge setup
[10:52] [Les} yeh I getchya
[10:56] [RonS} plug has 3200 followers on stocktwits and the message volume on it is so high i had to turn it off...
[10:56] [ese} ron.....i would agree if your talkin bout the mrkt as a whole ...check out the head and shoulders pattern on the spyers 1 min chart
[10:57] [ese} damn close
[10:57] [ese} hmmmmmm maybe not heading up
[10:58] [RonS} h&s is the most failed pattern in the last 5 years, concocted for idiots imo...
01[10:59] [@Threei}  yup, I never use it as standalone
[10:59] [ese} well ...looks like it just failed now
[11:00] [ese} i don't use it either but alot still do which puts some kinda value to be awre imo
[11:00] [ese} aware
[11:06] [RonS} vwap, points of control, pivot points, sentiment charting...these are what is being used...h&s and traditional technical analysis do not work in the era of algo trading...again imo
[11:07] [nemo} I agree, although you can see variations that show weakness that telegraph off of those levels...You see that chart formation on vwap or one of the pivot levels it's more likely to work
[11:08] [ese} i'd agree....i certainly use pivots(nemo got me into that) and vwap ....but still ....just basic price momentum works
[11:09] [nemo} this is such a weird day with op ex and the holiday
[11:09] [ese} indeed
01[11:13] [@Threei} Long Setup:  TZA  .81 break
01[11:13] [@Threei}  If holds  .71
[11:14] [dptl} in tza
[11:17] [dptl} out half
01[11:17] [@Threei}  1:1
[11:18] [Les} PLUG loses vwap. not shortable
[11:20] [ese} patience my little padua......i smell more money here.....if i don't have to go to school first
[11:20] [Les} you wanna paddle me? Isn't that illegal in Canada?
[11:23] [ese} lol
[11:24] [ese} theres always a comedian in the crowd
[11:25] [Les} between Ritalin and meditation don't feel like  making wisecracks
[11:25] [Les} making effort for Nemo
[11:25] [Les} entirely too quiet for his own good
[11:26] [Les} outta here night shift comin a+
[11:30] [ese} L plug .2798......sheesh
[11:32] [ese} cool .28.....i'm up .0002
[11:33] [ese} could things get any better.........i think not.....think of the exchange rate with that in Russia
[11:33] [ese} i probably just made 30 bucks
01[11:34] [@Threei}  in sime countries you could live a month on that
01[11:34] [@Threei}  some
[11:34] [ese} lol
[11:35] [dptl} cuba
[11:35] [ese} nah ...hell no... a great cuban cigar is $200
01[11:36] [@Threei}  not in cuba
01[11:36] [@Threei}  Obama approves sending helmets, sleeping mats and water purification systems to Ukraine, Defense Secretary Hagel says
01[11:36] [@Threei}  hmmm... no crayons?
01[11:36] [@Threei}  how rude
[11:36] [RonS} porta potties?
[11:36] [ese} helmuts?
[11:37] [RonS} why not just send the stuff to Russia and skip the middle man?
[11:37] [ese} what a moron!
01[11:37] [@Threei}  Defense Secretary Chuck Hagel: US moves not meant to 'provoke or threaten Russia'
[11:37] [ese} i like the guy but man hes gettin stupider
01[11:37] [@Threei}  because Russia could get, well, mad?
01[11:38] [@Threei}  I strongly vote for sending crayons
[11:38] [dptl} lol
01[11:38] [@Threei}  no ese... it's you looking closer
01[11:38] [@Threei}  he is what he always was
[11:38] [RonS} wanna see Biden on Russian border blowing kisses...
01[11:39] [@Threei}  blowing, maybe...
01[11:39] [@Threei}  kisses? who over there needs them from him?
[11:39] [RonS} ut oh
01[11:40] [@Threei}  want a shock of a lifetime, Ron?
01[11:40] [@Threei}  go to Moscow, take a walk on one pf the main streets any time of the day, look at the women
01[11:41] [@Threei}  supermodel catwalk by Western standards,
01[11:41] [@Threei}  casually strolling around you
01[11:41] [@Threei}  clothes, makeup, whole enchilada
[11:42] [dptl} out some more tza here...ty
01[11:42] [@Threei}  just out to the corner store
[11:42] [RonS}
01[11:42] [@Threei}  1/4 more out too
01[11:42] [@Threei}  not many dress up for the opera here the way they dress up for casual dash out
[11:43] [dptl} where is your stop now Vad?
01[11:43] [@Threei}  .89
[11:43] [dptl} k
[11:44] [RonS} wonder if Les knows what an enchilada is?...
[11:46] [ese} same in Rome are the biggie
01[11:47] [@Threei}  haven't been there but did hear from a few Canadian friends who visited both and had opportunity to compare
01[11:48] [@Threei}  according to them, Moscow wins by a good margin
01[11:49] [@Threei}  one of my classmates named in this article is behind this campaign:
01[11:49] [@Threei}
[11:49] [RonS} ese look biof
[11:51] [thomcbell} ubnt looking vulnerable
[11:51] [thomcbell} what a run this thing had
[12:01] [thomcbell} wb open
[12:03] [dptl} closed tza ty
01[12:03] [@Threei}  :)
01[12:13] [@Threei} Long Setup:  IWM  .75 break
01[12:13] [@Threei}  If holds  .65
01[12:16] [@Threei}  nah
[12:16] [thomcbell} yhoo 35.99 short break
[12:17] [thomcbell} if holding 36.10
[12:19] [thomcbell} 1:1
[12:21] [ese} gotta go ......cya next week
[12:25] [thomcbell} flat yhoo
[12:25] [thomcbell} all it had was 1:1
01[12:35] [@Threei} Long Setup:  VXX  .15 break
01[12:35] [@Threei}  If holds  .05
01[12:38] [@Threei}  Invalidated
[12:38] [goinshort} morning all !
01[12:39] [@Threei}  hey gs
01[12:39] [@Threei}  morning eh?
[12:39] [goinshort} up early been busy
[12:40] [goinshort} is there a way in mirc to see whats been going on?
01[12:40] [@Threei}  no
01[12:40] [@Threei}  log will be posted as usual though
01[12:41] [@Threei}  look back is available only in mibbit, and limited to certain time
01[12:41] [@Threei}  30 min or something like that
[12:41] [goinshort} ok thanks- you trading anything at the moment
01[12:41] [@Threei}  no, flat
01[12:44] [@Threei}  this market spike is mostly a misread statement from Geneva
01[12:51] [@Threei} Long Setup:  VXX  42 break
01[12:51] [@Threei}  If holds  .90
01[12:58] [@Threei} Long Setup:  IWM  .80 break
01[12:59] [@Threei}  If holds  .70
[13:00] [dptl} in iwm
01[13:01] [@Threei}  1:1
[13:01] [thomcbell} fio 9.50 long break if holding 9.45
[13:01] [dptl} out half
[13:03] [dptl} out more here
01[13:03] [@Threei}  1:2
06[13:03] * @Threei slaps dptl around a bit with a large roll of cash
[13:04] [dptl} :)
[13:06] [dptl} closed
[13:06] [dptl} ty
01[13:08] [@Threei}  yw
[13:13] [goinshort} iwm 1:2+  thanks !
01[13:15] [@Threei}  :)
[13:15] [nemo} iwm banged on the ceiling three times
[13:16] [nemo} which is the Monthly S1 to the penny
[13:38] [nemo} index charts look like yesterday's
[13:48] [thomcbell} selling 1/2 fio at 9.54 - this is a waste of time
01[13:54] [@Threei}  20:14 Associated Press: Deal reached on calming Ukraine tensions
01[13:54] [@Threei}  20:16 Armed men raid Donetsk region broadcasting facility
01[13:54] [@Threei}  heh
01[13:55] [@Threei}  all these negotiations and agreements are waste of paper... Putin is beyond point of no return on Ukraine
[13:58] [cosmo} who's armed men?
01[14:00] [@Threei}  Russian
[14:02] [nathan} hi again,
[14:02] [nathan} my connection...
01[14:02] [@Threei}  hey nathan
[14:03] [nathan} markt close as usual today?
01[14:03] [@Threei}  yes
[14:03] [nathan} tx
01[14:10] [@Threei} Long Setup:  VXX  .75 break
01[14:10] [@Threei}  If holds  .68
[14:26] [dptl} hmm..its still holding
[14:27] [nemo} vxx might have a hard time getting traction in this low volume environment, indexes move up easily
01[14:28] [@Threei}  yes but at the same time, look at IW spike, yet VXX stays put
[14:28] [nemo} I understand
01[14:28] [@Threei}  IWM
[14:28] [nemo} vxx a funny thing, it doesn't necessarily maintain it's correlations
01[14:29] [@Threei}  yes
[14:29] [nemo} time of day, time of week
[14:29] [dptl} still .75 long?
01[14:29] [@Threei}  this divergence right now is exactly what makes me interested
01[14:29] [@Threei}  yes
01[14:29] [@Threei}  and nemo... shame on you
01[14:29] [@Threei}  "it's correlations"???
[14:30] [nemo} trout me
06[14:30] * @Threei slaps nemo around a bit with a Grammar Guide for English-Challenged
01[14:31] [@Threei}  you can spell "bread" as "beer," I won't even blink
01[14:32] [@Threei}  but their-there-they're, I feel like you stubbed me
[14:32] [nemo} or vodka as water
[14:32] [nemo} mother's milk
01[14:32] [@Threei}  and its-it's is right behind
[14:32] [nemo} manna
[14:34] [dptl} in vxx
01[14:34] [@Threei}  In responding to a question from an elderly woman about whether Russia would now seek to take back Alaska, once part of the Russian Empire, Putin hinted at the strategic importance of Crimea's warm-water ports. "Faina Ivanovna, dear, why do we need Alaska?" he said, adding that Alaska is "cold." Putin said he knows that Alaska is now jokingly called Ice Cream, a play on "Krym," the Russian word for Crimea.
[14:35] [nemo} germans use Krym too
01[14:37] [@Threei}  lol
01[14:37] [@Threei}  remember the joke I cited once
01[14:37] [@Threei}  (or twice)
[14:37] [nemo} you've told jokes?
[14:37] [RonS} lol
[14:37] [nemo} that was too easy\
01[14:37] [@Threei}  "Argentina and Mongolia signed peace agreement between Chile and Ukraine"
01[14:37] [@Threei}  now read this:
[14:37] [nemo} I can hear him now under his breath "frickin' pizdah"
01[14:38] [@Threei}  why under? I said that out loud
01[14:38] [@Threei}  Obama and Merkel agreed during the call that Russia should use its influence on armed groups in eastern Ukraine to calm the situation
[14:38] [nemo} yeah, but nobody can hear u
01[14:38] [@Threei}  wife can
[14:38] [nemo} kinda' open ended
[14:38] [dptl} lol
[14:38] [nemo} how to calm them
01[14:38] [@Threei}  she said understandingly "talking to nemo again?"
[14:38] [nemo} AK's tanks and rockets!
[14:38] [nemo} nice
[14:39] [nemo} your wife loves me
01[14:39] [@Threei}  deep-fried, yes
[14:39] [cosmo} Krym de la krym
[14:40] [thomcbell} sndk coming off
[14:40] [nemo} arguably a short setup in iwm or spy but....never short a dull market
[14:40] [nemo} great, we get to hear about a stock's sex life
[14:45] [dptl} out half here
[14:45] [thomcbell} agreed on dull market
[14:47] [nemo} wow since 2 less than 10 million shares of spy
01[14:52] [@Threei}  1:1
[14:53] [dptl} out some more .87
[14:57] [nathan} out too
[14:57] [nathan} tx vad
01[14:57] [@Threei}  yw
[15:03] [dptl} closed...ty
01[15:04] [@Threei}  yw
01[15:04] [@Threei}  but why?
[15:04] [dptl}  have to go, have a good weekend all...thanx Vad :)
01[15:04] [@Threei}  take care, have a good one
[15:10] [nathan} well gents have a nice weekend
[15:10] [nathan} see you on monday
01[15:10] [@Threei}  you too nathan
[15:17] [goinshort} be back monday - thanks Vad
01[15:17] [@Threei}  :)
[15:26] [nemo}
[15:27] [RonS} have a nice weekend everyone.  see you all monday.
01[15:29] [@Threei}  you too ron
01[15:29] [@Threei}  OK guys, lwet's have great relaxing long weekend
01[15:29] [@Threei}  happy Easter, see you on Monday!

Wednesday, April 16, 2014

Apr 16 2014

Very nice day that started with some back and forth trades, then broke decisively our way with 2 1:3ers on IWM and short AIG, and ended with another strong long trade on AIG that didn't reach 1:3 by a few cents being saved by bell. 

Session Time: Wed Apr 16 00:00:00 2014
[08:53] {dptl} good morning
01[08:54] {@Threei}  dp :)
[09:01] {dino} gm
01[09:03] {@Threei}  dino :)
[09:20] {RonS} hello mutes   :)
01[09:20] {@Threei}  ron :)
01[09:26] {@Threei}  watching GDX for 24 break short
[09:27] {RonS} BREAKING: Yamana, Agnico Eagle in pact to buy Osisko for about C$3.9 billion.
[09:28] {ese} i'm here i'm here....let the bells ring let the banners fly i'm here!
01[09:28] {@Threei}  ese :)
01[09:29] {@Threei}  nemo is not here for the morning so you may run free
[09:29] {ese} hmmmmmm that was wasted....nemo and Les arn't can you drive someone crazy if there not here
[09:29] {RonS} dino's std to you ese...
[09:29] {RonS} golf clap
[09:29] {ese} lol
[09:29] {dino} std?
01[09:29] {@Threei} Short Setup: GDX  24 break
[09:30] {RonS} sexually transmitted disease...std
[09:30] {dino} yuk
[09:31] {dino} hell of an open gap
01[09:31] {@Threei} Long Setup:  C  .60 break
01[09:31] {@Threei}  If holds  .50
01[09:32] {@Threei}  change to .50 break
01[09:32] {@Threei}  Invalidated
[09:34] {ese} got csx on the radar
01[09:35] {@Threei} Long Setup:  JPM  .90 break
01[09:35] {@Threei}  If holds  .80
[09:35] {dino} me too ese
[09:35] {dino} gap 26.50 area
[09:35] {ese} dino csx dn ¾% on positive news....might be worth a look
01[09:35] {@Threei}  CSX Guides FY14 EPS up modestly, sees FY15 EPS up by double digits, expects this rate of earnings growth to be sustainable - conf call slides
[09:36] {ese} 3 to 4 % not 3/4
[09:36] {dino} see above ese, on it
01[09:37] {@Threei}  change JPM to .80 break
01[09:37] {@Threei}  If holds  .75
01[09:38] {@Threei}  Newsweek: After Ukraine, countries that border Russia start thinking about nuclear deterrents
[09:38] {ese} blind
[09:39] {ese} L sm csx .25
[09:40] {dino} csx sm l .25
[09:40] {RonS} wow csx has 1 bil sh outstanding
01[09:41] {@Threei}  GDX stop .09
01[09:42] {@Threei}  half out JPM
01[09:42] {@Threei}  stop to .79
[09:45] {dino} nsc sm l .59
01[09:46] {@Threei}  half out GDX
01[09:46] {@Threei}  stop to .01
01[09:48] {@Threei}  closed JPM
[09:48] {dino} out nsc .29, +.70
01[09:48] {@Threei}  wtg
[09:48] {dino} ty
[09:49] {ese} wow dino ...nice one...expect nohing less
[09:50] {dino} got lucky
[09:51] {dino} csx to .59
[09:51] {RonS} golf trips pay off, realizing that the weather is different in the south v the north...
[09:51] {dino} out csx .60, +.35
[09:51] {ese} out csx .68 +.43
[09:51] {RonS} gj
[09:51] {ese} tks
[09:52] {dino} ty
[09:52] {dino} gj ese
[09:52] {ese} tks
[09:53] {dino} markets pulling back
01[09:53] {@Threei} Long Setup:  C  .90 break
[09:53] {dino} 07 red
[09:54] {ese} csx should be cash cow lookin to get in after pullback
01[09:54] {@Threei}  Invalidated
[09:54] {dino} 27.25 area
[09:54] {ese} was thinkin .40 area  maybe little lower
[09:55] {ese} looks like some support there
[09:55] {dptl} long hd
[09:55] {ese} csx maybe...fundamentals are good
[09:57] {dino} stj drop
[09:57] {dino} trades air pocket like
[09:57] {ese} she be jammin and jammin "Stevie Wonder, Master Blaster"...might not make it to .40
[09:58] {ese} as i type it did
[09:58] {ese} dn to .25
[09:59] {dino} stj smr l .52 pulp
[10:01] {Les} sm vxx long ty dino 07 red
[10:02] {Les} scalp only
[10:04] {Les} chop chop
01[10:04] {@Threei} Long Setup:  TZA  .45 break
[10:04] {dptl} stopped hd
[10:04] {dino} out stj .12, +.60
01[10:04] {@Threei}  If holds  .35
[10:05] {dino} np les, hope it helped
[10:05] {ese} man dino......go man go.....well done
[10:05] {dino} thx
[10:06] {ese} L csx .45111
01[10:06] {@Threei}  no go
[10:06] {ese} give me a break
[10:08] {Les} IWM trying to recover the daily uptrend channel
01[10:09] {@Threei}  SPY feels like breakdown still
[10:10] {ese} technically looks like breakdown
[10:11] {dino} fwiw 07 red
[10:12] {ese} hmmmm may have gotten into csx slightly too soon.....thought my  1min 8ma had turned up
01[10:12] {@Threei} Long Setup:  VXX  .45 break
01[10:12] {@Threei}  If holds  .35
[10:12] {dino} 07 green, lots of indecision
[10:12] {ese} alas poor friggin did not
[10:13] {ese} i remember asking this a few weeks back....what is your 07 dino
[10:13] {dptl} watching amat .50 break short
[10:14] {ese} highest cap stocks in all the sectors
01[10:14] {@Threei}  no way
01[10:14] {@Threei}  I am not editing log again {G}
[10:14] {dptl} in amat
[10:14] {dptl}  .56 stop
[10:14] {dino} scrolling scanner of constantly changing 25 stocks moving in increments of .07 or greater, up and down
01[10:15] {@Threei}  1:1
[10:15] {ese}
[10:15] {dino} glog spike
[10:15] {ese} so the stock base is constantly changing
01[10:16] {@Threei}  just a scalp
[10:16] {Les} ty vad. still chopperoony
01[10:16] {@Threei}  yes
[10:16] {dino} yes, its a pulp scanner, whatever moves in .07 or greater shows
[10:16] {ese} L csx a heck of alot more avg .44
[10:16] {dino} capits/euphoria
[10:17] {Les} SPY sitting on christmas top now serving as support. tug of war here
[10:17] {ese} cool...interesting
[10:17] {dino} its where i get 80% of my plays
[10:20] {dptl} stopped amat
[10:23] {ese} and the grammy for the best in the "heck of alot more" category goes to OUT CSX .63 +.19 AT 3K!!!!!!1 thunderous applause
[10:23] {Les} frik me ese. nice one
[10:24] {ese} tks....always loved the grammys
[10:24] {Les} garden beckons a+
[10:24] {ese} haven't done that in a while.......the spirituality of the moment has to be right
01[10:24] {@Threei} Long Setup:  IWM  112 break
01[10:25] {@Threei}  If holds  .90
[10:26] {dino} es4e, nice
01[10:26] {@Threei}  not ready yet
[10:26] {ese} and besides......if dino is seeing green...........that spells money with a capitol M
[10:27] {ese} tks
[10:27] {dino} lol
[10:27] {dino} could be the irish in me
[10:27] {ese} am considering 1k back in here again
01[10:28] {@Threei} Short Setup: RIG  .50 break
01[10:29] {@Threei}  If holds  .60
[10:29] {ese} this thing "csx" is operating independantly of the's easy to read
[10:29] {dino} "better worlds" trading theory
[10:29] {dino} i live by it
01[10:31] {@Threei}  Invalidated
01[10:33] {@Threei} Long Setup:  GM  .60 break
01[10:33] {@Threei}  If holds  .55
01[10:33] {@Threei}  change to .55 break
[10:33] {ese} better worlds?   whats that a book?
01[10:33] {@Threei}  If holds  .50
01[10:34] {@Threei}  quote from the book...
01[10:34] {@Threei}  "there are better worlds than this"
[10:34] {ese} whats the booK?
[10:34] {dino} yes, king
[10:34] {dino} dark towers?
01[10:35] {@Threei}  Stephen King, Dark Towers
[10:35] {dino} csx hl l .45
[10:35] {ese} L csx .47
[10:36] {ese} ascending triangle if i ever saw one on a 1 min chrt
[10:40] {ese} L csx avg .486745
[10:41] {ese} quick calculation in my head .486745 to ahhhhh.....hmmmmmm that puts my profit at......sheesh
06[10:42] * @Threei hands ese an abacus
[10:42] {ese} lol
[10:43] {RonS} imagine if his spelling was so exact  :)
01[10:43] {@Threei}  mind boggles
01[10:43] {@Threei}  meh GM
[10:43] {dino} csx stop .48, +.03
[10:43] {ese} ya ya....ya ya......always a wise guy in the crowd
01[10:44] {@Threei}  ese, nemo is not here... ron has to carry double weight on his shoulders today
[10:44] {ese} yes indeed he does
01[10:45] {@Threei}  Google Inc FireEye uncovers major hole in Android security, Google issues software patch - tech blogs- Google has issued a patch for an attack that could lead an Android user to a phishing site. FireEye recently spotted an malicious Android application that could modify the icons of other applications so that when they're launched, they send victims to a phishing website.
[10:45] {ese} hmmmmm whats that .03 cents 10K dino.......nice
[10:45] {dino} i wish
01[10:46] {@Threei}  so, Kyiv sends 6 armored vehicles in one of the cities overtaken by Russian paramilitary... guess what happens next
[10:46] {ese} I Wish is by Stevie Wonder
01[10:46] {@Threei}  right, those vehicles are now driving under Russian flag
[10:47] {ese} "lookin back on when I, was a little nappy headed boy"
[10:51] {ese} ok may be right....this is an aweful long hang here with csx and it notgoin anywhere
[10:52] {ese} oops....there we go
[10:53] {ese} no punchy through the upper B band......hmmmmmm
01[10:53] {@Threei} Short Setup: WMT  .20 break
01[10:53] {@Threei}  If holds  .30
[10:57] {dptl} watching gt for .85 break long
[10:58] {dino} adtn drop
[11:03] {dptl} hpq .40 break short...watching
[11:04] {ese} out csx .54 +.05?????? gotta go all cya tomorrow
01[11:04] {@Threei}  take care ese
[11:04] {ese} cya vad dino dp ron et al
[11:06] {dptl} all my watching invalidated
[11:06] {RonS} always wonder, if al gets et, how can he still be around?
01[11:07] {@Threei}  lol
01[11:07] {@Threei}  took me a sec
[11:15] {dptl} in gt
[11:15] {dino} cnmd?
01[11:15] {@Threei}  no go WMT
01[11:15] {@Threei}  back and forth day
[11:16] {RonS} CNMD Conmed Explores Sale
01[11:16] {@Threei}  CONMED Corporation Said to have recently hired advisors to help advise on possible sale of the company - financial press
01[11:16] {@Threei}  that's yesterday though
[11:17] {RonS} CONMED ($CNMD) Worth up to $59/Share in Takeover - Needham & Company
[11:17] {dptl} half out gt
[11:18] {dino} ty
[11:20] {dptl} stop to .84 gt
[11:24] {dptl} out
01[11:25] {@Threei} Long Setup:  IWM  .80 break
01[11:25] {@Threei}  If holds  .70
[11:25] {dptl} will do scalps from now on today
01[11:28] {@Threei}  {scalps}??
[11:28] {dino} cvlt sm l .00
01[11:28] {@Threei}  IWM valid still
01[11:28] {@Threei}  1:1
[11:28] {dptl} yes will scalp whole pos
01[11:29] {@Threei}  nevermind... that was a joke
01[11:29] {@Threei}  scalps were outraged by the threat of violence
01[11:29] {@Threei}  1:2
[11:29] {dino} out cvlt .24, +.24
[11:29] {dptl} :)
01[11:30] {@Threei}  (RU) Russia Fin Min Siluanov: Fiscal policy needs to be tightened, sending more budget funding into the economy is unreasonable given level of capital flight
01[11:30] {@Threei}  or try to occupy 2-3 more countries
01[11:30] {@Threei}  maybe capital returns
[11:33] {dptl} watching sbux
01[11:38] {@Threei} Long Setup:  FB  .65 break
01[11:38] {@Threei}  If holds  .55
01[11:41] {@Threei}  1:1
[11:45] {dino} gj
01[11:45] {@Threei}  ty
01[11:46] {@Threei}  SPY is in the state of uneasy calm
[11:48] {nemo} looks boring out there
01[11:49] {@Threei}  oh, you missed so much
01[11:50] {@Threei}  [09:28] {ese} i'm here i'm here....let the bells ring let the banners fly i'm here!
01[11:50] {@Threei}  [09:28] {@Threei} ese :)
01[11:50] {@Threei}  [09:29] {@Threei} nemo is not here for the morning so you may run free
01[11:50] {@Threei}  [09:29] {ese} hmmmmmm that was wasted....nemo and Les arn't can you drive someone crazy if there not here
01[11:50] {@Threei}  "there not here" might become my new fav
01[11:51] {@Threei}  so many layers "there"
[11:51] {nemo} yeah
[11:51] {nemo} I see C&Hs just broke on fas spy and iwm
01[11:52] {@Threei}  IWM is a toughie today
[11:52] {nemo} Granmama is speaking today
[11:54] {dino} stj spike
01[11:59] {@Threei} Long Setup:  IWM  112 break
01[11:59] {@Threei}  If holds  .90
[11:59] {dptl} long met...stop under .15
[11:59] {dino} stj l .70
01[12:02] {@Threei}  1:1
01[12:04] {@Threei}  European Union Commissioner for Enlargement and European Neighborhood Policy Stefan Fule has said that Russian propaganda today is more aggressive than during the Cold War
01[12:05] {@Threei}  that's true... I haven't heard such vitriol against West since ever
01[12:06] {@Threei}  1:2
[12:06] {dino} out stj .71 +.01 don't like it
01[12:07] {@Threei}  dp... this IWM drive is its reaction on your "scalps only" {G}
[12:09] {dptl} out met :)
[12:11] {dptl} fine met...just keep i am all out
01[12:11] {@Threei}  1:3
[12:11] {dptl} boy...i need a break :)
[12:14] {dino} lol
[12:21] {nathan} hi  gents
01[12:21] {@Threei}  hey nathan
01[12:23] {@Threei} Short Setup: AIG  .30 break
01[12:23] {@Threei}  If holds  .40
01[12:25] {@Threei}  stop to .36
01[12:31] {@Threei}  Fed's open market committee expects interest rates to remain low for 'considerable time,' chairwoman says
01[12:32] {@Threei}  1:1
[12:33] {nathan} nice
01[12:33] {@Threei}  that's me... nice
01[12:33] {@Threei}  many don't think so
01[12:33] {@Threei}  so I beat them into submission with 2x4
01[12:33] {@Threei}  so they agree that I am nice
[12:34] {nathan} :-)
01[12:35] {@Threei}  as russian joke goes... "good will surely defeat the evil... put evil on its knees and kill it horribly"
[12:37] {dptl} short lltc
[12:37] {dptl} .10 break
[12:38] {dptl} stop above .15, will keep it tight
01[12:40] {@Threei}  remember my prediction that Donetsk becomes Russian within 1 month, made on Apr 13?
[12:40] {thomcbell} im looking at it long fyi
[12:40] {thomcbell} lltc
01[12:41] {@Threei}  Pro-Russian activists in Donetsk region are planning a referendum for May 11 where one would be asked to vote on whether one wanted the region to be an independent state, remain part of Ukraine, or become part of Russia.
01[12:41] {@Threei}  right on schedule
[12:41] {thomcbell} setupnot there either way - vwap below and not clearly long setup obviously
[12:42] {dptl} stopped lltc
[12:46] {thomcbell} dp they sold right into that spike
[12:47] {dptl} yeap
[12:47] {dptl} speechless
01[12:48] {@Threei}  balance stop to .27, AIG
[12:51] {dptl} watching esv for .90 break short
[12:58] {dino} back in 30 minutes or so
[13:00] {dptl} in esv
01[13:00] {@Threei}  1:2
01[13:01] {@Threei}  with these last two, IWM for 1:3 and AIG 1:2 so far, day looks nice
01[13:03] {@Threei}  Yellen is finally takes her favorite seat, read the last words:
01[13:03] {@Threei}  (US) Fed Chair Yellen: Labor market is behaving in perplexing ways, developing new patterns, employment recovery has been frustratingly slow- Fed to adjust policy to drive healing in the job market. - Not just seeing cyclical problems, seeing technological and institutional change, growing inequality.
[13:04] {nathan} back in 10min
[13:04] {thomcbell} lltc looks like 44.93 short break here dp
01[13:04] {@Threei}  to remind, this is the gal who always advocated for raising minimum vage drastically as a method of healing all society ills
01[13:04] {@Threei}  1:3  AIG
01[13:04] {@Threei}  out
[13:06] {dptl} half out esv
[13:14] {dptl} out balance
[13:17] {dptl} watching yhoo .10break short may be
[13:18] {dptl} oops i am in
[13:19] {RonS} you say that to all the girls...
[13:19] {dptl} lol
[13:20] {nathan} lol
01[13:22] {@Threei}  and scalps are scared of him to death after he promised to "do them"
[13:24] {dptl} stopped
[13:24] {dptl} dont understand today
[13:27] {thomcbell} what a circus
[13:29] {dino} .
[13:31] {dino} that was me yesterday morning dp
01[13:31] {@Threei}  CYBX Ticks lower cautious mention by financial blog- TheStreetSweeper says Cyberonics products linked to 9,000 deaths and injuries since 1998.
[13:34] {dino} cvlt big range on daily
[13:35] {dino} stj running 61-61.40 back and forth
[13:50] {dino} scanners are dead
01[13:50] {@Threei}  yeah, quiet
01[13:50] {@Threei}  before the storm, I suspect
[13:53] {nathan} can't belive it
[13:53] {nathan} hit 2 time my 1:1 and the third only sold me 141 of 300
[13:54] {nathan} that's bad luck
01[14:30] {@Threei} Long Setup:  AIG  .10 break
01[14:30] {@Threei}  If holds  50
[14:32] {dptl} in
[14:38] {dino} calling it a good day and week. back on tuesday. good luck all and happy easter
[14:39] {thomcbell} take care dino
01[14:39] {@Threei}  happy easter dino, have fun
01[14:39] {@Threei}  we promise to leave some money in the market for you
[14:39] {dino} :)
[14:40] {nathan} take care dino
[14:43] {nemo} indexes gonna' pop
01[14:43] {@Threei}  that's what I feel too
[14:43] {nemo} relative volume is so low
[14:44] {nemo} path of least resistance
[14:44] {nemo} too many frickin' bears around too
[14:44] {thomcbell} day has been a bit maddening
[14:44] {nemo} why?
[14:45] {thomcbell} havent gotten it done today
[14:45] {thomcbell} lots of stops
[14:45] {nemo} stilted range in the indexes
[14:45] {nemo} not much moving
[14:45] {nemo} coming to the end of the holiday week too
[14:46] {thomcbell} havent adapted to the environment of the last few days
[14:46] {dptl} you tightening stop aig now ? Vad?
01[14:46] {@Threei}  .04
[14:46] {dptl} k
01[14:51] {@Threei}  1:1
[14:52] {dptl} out half ty
[14:53] {nathan} 1:1 tx vad
01[14:53] {@Threei}  :)
[15:01] {dptl} i'll move stop to .14 now
01[15:02] {@Threei}  I'd prefer .25 break for trailing to .14
01[15:03] {@Threei}  but admittedly, it's a persinal preference
01[15:03] {@Threei}  personal too
[15:03] {dptl} ok ..will keep 09
01[15:09] {@Threei}  trail to .14 now to protect from double top
[15:09] {dptl} k
06[15:28] * @Threei kicks AIG in the rear
[15:29] {thomcbell} gm trading very well here
[15:29] {thomcbell} looks like 34 long break
[15:29] {thomcbell} if holding 33.90
[15:32] {nathan} well gents have long weekend
[15:32] {nathan} happy easter
01[15:32] {@Threei}  take care nathan
[15:33] {dptl} market open tomorrow?
01[15:33] {@Threei}  yes
[15:33] {dptl} oh ye...friday closed
01[15:39] {@Threei}  1/4 more out
01[15:39] {@Threei}  stop .19
01[15:39] {@Threei}  time's pressing
[15:40] {dptl} out some too
01[15:47] {@Threei}  1:2
01[15:47] {@Threei}  stop to .24
01[15:48] {@Threei}  either it spikes on last minutes or we close it here
[15:48] {dptl} ok
[15:48] {dptl} offered .39 last
06[15:50] * @Threei slaps dptl around a bit with a large roll of cash
[15:50] {dptl} :)
01[15:58] {@Threei}  ok
01[15:58] {@Threei}  out .35
[15:58] {dptl} out
01[15:58] {@Threei}  saved by the bell :)
01[15:58] {@Threei}  no complaints at all
01[15:58] {@Threei}  good day
01[15:59] {@Threei}  thank you all, have a great evening
01[15:59] {@Threei}  see you tomorrow
[15:59] {thomcbell} gn