Friday, November 21, 2014

Market Week Wrap-up

TradeTheNews.com Weekly Market Update: US Data Rocks, Europe Buys Paper, China Scissors Rates
Fri, 21 Nov 2014 16:09 PM EST

US equity markets racked up their fifth consecutive week of gains and the S&P500 closed out Friday at another all-time high. Meanwhile the ECB launched its ABS program as Europe hovers at the very edge of full-blown deflation, Japan entered technical recession as it reported its second consecutive quarter of economic contraction, and the PBoC sprung a surprise rate cut on Friday to reassure China about its own economic problems. Preliminary November European PMI data was not encouraging, while the flash November HSBC China PMI data was just at the edge of contraction. Meanwhile in the US, October housing data was excellent, weekly jobless claims fell to their lowest level since 2000, and the Philly Fed business outlook index rocketed to its highest reading since 1993. For the week, the DJIA rose 1%, the S&P500 added 1.2% and the Nasdaq gained 0.5%.

The unexpected contraction in Japan's preliminary Q3 GDP data (-1.6% y/y, -0.4% q/q) drove the Nikkei down 3% on Monday and gave the excuse Japanese PM Abe needed to delay the planned sales tax hike. Abe said he would call early elections to cement his "three arrows" economic reform program. The yen continues to be a one-way ride, with USD/JPY rising from 115.5 to 119, another seven-year low for the yen.

China's PBoC responded to recent soft economic data by cutting its benchmark lending and deposit rates by 40 basis points and 25 basis points, respectively. Meanwhile, the deposit rate ceiling was increased to 1.2x the benchmark deposit rate. In a note, Goldman Sachs said while the move itself is unlikely to have much of an impact on the economy, it sends a very clear signal that Beijing is willing to loosen its policy stance to support the economy and its willingness to use a broad spectrum of policy tools, much as it did earlier in 2014.

The minutes from the Oct 28-29th FOMC meeting showed that members are looking ahead to next year, continuing discussions about how exit strategy should be communicated. Only one member advocated dropping the key "considerable time" clause on forward guidance, but many said that it would be helpful if the Fed would soon clarify its approach to the pace of interest rate hikes. The committee observed that problems in overseas economies presented only a "limited" impact on the US recovery. The need to watch inflation was highlighted, and the notes observed that market-based measures of inflation had declined somewhat, but survey-based measures of longer-term inflation expectations had remained stable.

On Monday Draghi provided his quarterly update to the EU Parliament, and apart from familiar monetary policy talking points he offered heavy suggestions that sovereign bond buying by the ECB was still in the realm of possibility. Later in the week, Draghi recalled his landmark "whatever it takes" moment by saying the ECB will "do what we must to raise inflation and inflation expectations as fast as possible." Draghi said he fears low inflation could percolate through the economy and worsen the economic situation. His comments were taken as a strong signal that the ECB will forge ahead with quantitative easing in the months ahead. EUR/USD tanked late in the week, testing 1.2400 after the second Draghi speech and the ECB officially launched it ABS assets purchase program.

WTI crude pivoted around $75 this week before breaking out above $77 on Friday while Brent rose back above $81, aided by the implications of the PBoC rate cut. The OPEC guessing game of cut or no cut continued all week, with both analysts and OPEC nations seemingly split on the prospects for lowered quotas at the organization's meeting in Vienna on November 27th. Smaller non-Arab members led by Venezuela want to cut production and halt the slide in prices, while Persian Gulf members want steady policy. Non-OPEC member Russia is deeply distressed by lower oil prices and there was talk that the Russians might preemptively cut production to bolster prices.

Gold and EUR/CHF were whipped around by polls out ahead of Switzerland's "Save Our Gold" referendum, scheduled for November 30th. In recent weeks, polls had suggested more support in favor of the measure than against it, however two polls out this week suggested the no vote at well above 50%. Spot gold traded as low as $1,170 after the release of the new polls, but rebounded late in the week on the Chinese interest rate cuts. EUR/CHF had been testing 1.2010 all week, but backed off after the polls and talk of additional SNB intervention to defend the 1.2000 floor.

President Obama unveiled a sweeping executive order on immigration reform, including measures to let five million undocumented aliens remain in the country, to increase border security, and to provide more visas for high skilled foreign workers. The directive does not provide a pathway to citizenship. The Republicans widely condemned the move.

Retailers reported more third-quarter results this week, with nearly all citing a very highly competitive environment that is crimping margins. Big box retailer Target delivered an upside surprise, although y/y growth in profits and revenues was pretty anemic. BestBuy's margins, profits and revenue all saw healthy growth, while US comps were good and online comps were strong. Gap Inc met expectations but cut its FY guidance, while same store sales were negative. L Brands had a decent quarter with good comp sales gains.

Two gigantic deals took markets by storm on Monday. After a week of rumors, Actavis reached a deal to acquire Allergan for $219/share in cash and stock, in a total deal valued around $66B. Allergan's hostile suitor Valeant said it could not justify matching the price, giving up the fight. Baker Hughes agreed to be acquired by Halliburton in a cash-and-stock valued at around $34.6 billion.


Nov 21 2014

Very nice day finishing very nice week. It was unusually slow trading right of the bat, as even the first trade took about 30 minutes to resolve - normally opening plays work much faster. Jokes helped wait out slow period, then things picked up, and great JPM short and IWM  reversal catch right at the bottom made it a solid profitable day. 


AAAAAAAAAA
Session Time: Fri Nov 21 00:00:00 2014
[08:57] {nemo} OP EX and a massive gap...just grab the vodka
01[08:58] {@Threei}  could be...
[09:00] {nemo} $2 jump in spy
[09:06] {dino} gm
[09:06] {nemo} go back to bed dino
01[09:07] {@Threei}  dino :)
[09:08] {dino} :)
[09:10] {Jenh} gm
01[09:10] {@Threei}  jen :)
[09:15] {_chasj} gm all
01[09:16] {@Threei}  chas :)
[09:18] {RonS} gm
01[09:19] {@Threei}  ron :)
[09:26] {nemo} so Jen...what computer you have today?
[09:27] {jfjf64} morning all
[09:27] {Jenh} thanks for asking. i still have apple
01[09:27] {@Threei}  jef :)
01[09:27] {@Threei}  Upside:
01[09:27] {@Threei}  -SPLK +9% (earnings)
01[09:27] {@Threei}  -ICLD +9% (announced a new $4.2M professional services contract)
01[09:27] {@Threei}  -VALE +7% (China cut rates - BHP/CAT/FCX/RIO also higher on the news)
01[09:27] {@Threei}  -HIBB +7% (earnings)
01[09:27] {@Threei}  -ROST +6% (earnings)
01[09:27] {@Threei}  -SCTY +5.5% (new solar installation projects with WMT)
01[09:27] {@Threei}  -CERS +4.2% (FDA accepts IDE supplement for INTERCEPT blood system treatment for Ebola)
01[09:27] {@Threei}  -ADSK +3.5% (earnings)
01[09:27] {@Threei}  -MRVL +3.4% (earnings)
01[09:27] {@Threei}  Downside:
01[09:27] {@Threei}  -OTIV -14% (priced 6.25M shares at $1.60/shr)
01[09:27] {@Threei}  -WAIR -13% (earnings)
01[09:27] {@Threei}  -GME -10% (earnings)
01[09:27] {@Threei}  -LXRX -8% (secondary pricing at $1.005/shr)
01[09:27] {@Threei}  -GPS -3% (earnings)
01[09:27] {@Threei}  -TFM -2.8% (earnings)
[09:28] {Jenh} they seem to have fixed it
[09:31] {RonS} nemo's post?  Charles Manson is getting married — which is weird because I thought he was already serving a life sentence.
[09:32] {nemo} hehehehe
[09:32] {nemo} good one
[09:32] {nemo} confirms he's going to hell
[09:32] {jfjf64} great one
[09:32] {jfjf64} rs
[09:32] {jfjf64} how true
[09:32] {Jenh} lol
[09:32] {dino} so, we have japan, europe, and china all easing
[09:33] {nemo} what's gonna' be fun is if deflation continues and the market figures out CBs ain't working
[09:33] {dino} big if, but we'll have to wait and see
[09:34] {nemo} all "ifs" are big...since they exist in the realm of unicorns
[09:34] {nemo} thank god for the reality of vodka
01[09:36] {@Threei} Short Setup: JPM  .85 break
[09:36] {dino} "if" is a word in the middle of life
01[09:36] {@Threei}  If holds  .95
[09:37] {nemo} it's also in the middle of "wife"
01[09:38] {@Threei}  Invalidated
[09:38] {nemo} tna
[09:38] {nemo} sorry
01[09:38] {@Threei} Long Setup:  VXX  .80 break
01[09:39] {@Threei}  If holds  .70
01[09:41] {@Threei}  stop to .74
[09:45] {dino} fl
06[09:45] * @Threei hits SPY over the head with 2x4
[09:45] {dino} sm l .35 wide
01[09:52] {@Threei}  1 cent to 1:1... shouldn't be so, umm, retentive
[09:53] {nemo} yeah, not today betting on a risk indicator
01[09:57] {@Threei} Short Setup: GLD  .60 break
[10:00] {jfjf64} nemo is it time for first shot
01[10:00] {@Threei}  Invalidated
[10:01] {nemo} Fed governor speaks @10...these central bank maneuvers are so well orchestrated
[10:05] {RonS} Foot Locker $FL says looking at European M&A opportunities
01[10:06] {@Threei}  (US) Republicans in the House of Reps have filed a lawsuit to combat the Affordable Care Act (obamacare)
01[10:11] {@Threei}  half out VXX
01[10:12] {@Threei}  stop to .79
01[10:12] {@Threei}  don't think we ever had opening play lasting this long
[10:13] {dino} round two, fl sm l .90
[10:16] {jfjf64} with ya dino
[10:17] {jfjf64} lets get to vwap
[10:17] {jfjf64} .80
[10:18] {jfjf64} out
[10:18] {dino} gj jf
[10:18] {jfjf64} ty
[10:20] {dino} stop to .76
[10:20] {jfjf64} +65 cents
[10:20] {dino} out fl .76, +.86
[10:20] {jfjf64} me so happpy
[10:20] {jfjf64} ty
[10:21] {dino} yw
[10:21] {jfjf64} right to nemo vwap
[10:21] {jfjf64} crazy
[10:21] {dino} nemo's onto something w/his pivots
[10:22] {jfjf64} 100 percent
[10:22] {jfjf64} he knows vodka too
[10:22] {jfjf64} look at this fl
[10:23] {jfjf64} gps
[10:23] {jfjf64} lookin for bottom
[10:23] {jfjf64} ?
[10:25] {jfjf64} bery
[10:25] {jfjf64} l .28
[10:25] {jfjf64} out .49
[10:30] {nemo} so far gap up and OP EX playing out as expected
01[10:31] {@Threei}  yeah
01[10:31] {@Threei} Short Setup: WMT  .95 break
01[10:31] {@Threei}  If holds  .05
[10:32] {nemo} oh, jf...I know German wines too
[10:32] {nemo} and some...umm...er...non PC stuff
[10:35] {JoebiWan} gonna buy some of that Hangar tonight
[10:35] {nemo} best drunk straight, not as a mixer.
[10:36] {JoebiWan} oh man, i was gonna mix it with koolaid
[10:36] {nemo} have to kick you out of the Order for that
[10:36] {jfjf64} no mixer jbw
[10:36] {JoebiWan} ;)
[10:37] {jfjf64} on rocks
[10:37] {JoebiWan} always straight
[10:37] {nemo} mmmhhh...I'm never straight
[10:37] {jfjf64} had that feelin bout ya
[10:42] {_chasj} on short setup on WMT, did If holds .05 mean stop at 85.00
01[10:43] {@Threei}  ?
01[10:43] {@Threei}  .05 means .05
01[10:43] {@Threei}  break of .05 will signify stop
[10:43] {_chasj} ty
[10:44] {_chasj} meaning 85.05
01[10:44] {@Threei}  of course
01[10:44] {@Threei}  alerts are always price
01[10:44] {@Threei}  not the number of cents
[10:44] {_chasj} thank you
[10:45] {_chasj} got it
01[10:45] {@Threei}  holding by fingertips
01[10:45] {@Threei}  also, you, vodka drinkers... "on rocks"???
01[10:45] {@Threei}  what the duece
01[10:45] {@Threei}  no ice
01[10:46] {@Threei}  chill drink itself in the fridge
01[10:46] {@Threei}  or use chilling stones
01[10:46] {@Threei}  but ice dilutes when melts
[10:47] {dino} i like the ice
01[10:47] {@Threei}  so have the ice
01[10:47] {@Threei}  and vodka separately
01[10:48] {@Threei}  no go WMT
[10:48] {dino} well, usually do both, shots chilled, or glass w/ice
[10:49] {jfjf64} vxx
[10:49] {jfjf64} .80 break
[10:50] {Jenh} nice job jf
[10:51] {dino} fl app lod
01[11:01] {@Threei}  nice move VXX
[11:01] {jfjf64} ty
[11:02] {jfjf64} 30000order just went through
[11:03] {jfjf64} out
[11:03] {RonS} prob ese
[11:03] {jfjf64} lol
[11:03] {nemo} first level of vxx support is .95
[11:03] {jfjf64} yeah he runs like that
[11:06] {jfjf64} fl
[11:06] {jfjf64} another leg up
[11:06] {jfjf64} dino
01[11:09] {@Threei}  two of oldtimers say hello and are about to rejoin the jungle,
[11:09] {nemo} and......
01[11:09] {@Threei}  dptl, will meet with him in two weeks and he should pop back up in Dec
01[11:09] {@Threei}  and robbers, probably in new year
[11:09] {nemo} finally getting out of detox?
01[11:10] {@Threei}  or unglued his eyes from the screenshot of ese female singers
[11:13] {dino} jf, yeah, think so, want to see .75 break
[11:14] {jfjf64} keep I on
[11:15] {dino} db maybe
[11:17] {jfjf64} little down from here
[11:18] {jfjf64} looks lk db
[11:18] {jfjf64} .21
[11:19] {jfjf64} .25
[11:19] {jfjf64} break
[11:20] {dino} .
01[11:23] {@Threei}  http://www.arrestinglight.com/blog/2014/11/november-highlights
[11:24] {dino} fl sm l .26
[11:24] {jfjf64} .27
[11:25] {_chasj} 3i, is that Vancouver
01[11:27] {@Threei}  Victoria
[11:27] {_chasj} beautiful
[11:28] {dino} fl stop is brk lod
[11:30] {jfjf64} yes
[11:30] {_chasj} what does brk mean
[11:30] {jfjf64} target
[11:30] {jfjf64} vwap
[11:30] {JoebiWan} in with ya sml .19
[11:30] {nemo} break
[11:30] {dino} break of low of day
[11:30] {nemo} two more frickin' letters dino...wtf
01[11:30] {@Threei} Long Setup:  DAL  .75 break
[11:30] {RonS} lol
01[11:32] {@Threei}  oh boy
01[11:32] {@Threei}  (EU) France Fin Min Sapin: Too much criticism of the ECB places its independence at risk
01[11:33] {@Threei}  lol
01[11:33] {@Threei}  worthy of idiot comment of the day award?
01[11:33] {@Threei}  change DAL to .70 break
01[11:33] {@Threei}  If holds  .65
[11:35] {nemo} oops...just poured vodka in my coffee
[11:35] {dino} stopped
[11:35] {nemo} I did stop
01[11:36] {@Threei}  why oops?
01[11:36] {@Threei}  sounds like right course of action
[11:36] {nemo} rather in a shot glass
01[11:36] {@Threei}  now, had you poured coffee in vodak, that would be questionable act
01[11:38] {@Threei} Short Setup: JPM  .78 break
01[11:39] {@Threei}  If holds  .85
01[11:39] {@Threei}  somewhat OCD numbers, lol
[11:39] {jfjf64} yes I say
01[11:40] {@Threei}  half out DAL
01[11:40] {@Threei}  stop .69
01[11:45] {@Threei}  1/4 more out DAL
01[11:45] {@Threei}  stop .74
[12:00] {dino} \fl rinsed
[12:02] {jfjf64} ahh shit
[12:03] {dino} fl sm l .31
[12:10] {dino} mid .60s wall last time
[12:10] {nemo} think you can move the stop down on jpm a bit
[12:10] {dino} added calls
[12:11] {jfjf64} on
[12:11] {dino} fl
[12:12] {dino} i use options to swing trade
[12:12] {jfjf64} adsk
[12:13] {jfjf64} gonna bust out
[12:13] {jfjf64} k
[12:15] {dino} 07 red
01[12:18] {@Threei}  1:1  JPM
01[12:18] {@Threei}  almost fell asleep
[12:21] {nemo} I moved my stop down to .73
[12:23] {nemo} I
[12:23] {nemo} I'll bet max OP EX pain is around 205
[12:23] {nemo} they won't get it that far, but they'll try to get it to 206
01[12:25] {@Threei}  1:2  JPM
01[12:26] {@Threei}  lol... thing at this image: http://cdn.diply.com/img/5f04df6a-6d3b-475e-91b9-66d928113a15.jpg
01[12:27] {@Threei}  called Looq System Adjustable Tablet Tripod / Monopod with Selfie Shutter Button
01[12:27] {@Threei}  reviewer comment:
01[12:27] {@Threei}  I wouldn't touch this thing with a Looq System Adjustable Tablet Tripod / Monopod with Selfie Shutter Button.
[12:27] {JoebiWan} lol
[12:28] {nemo} stop to .66 JPM
[12:30] {cosmo} it takes out the goofy wide angle...
01[12:32] {@Threei}  there us nothing under the sun that would take goofiness out of selfies
[12:33] {cosmo} use an slr
01[12:33] {@Threei}  the only thing that outgoofes selfies, and unsurprizingly both go together often, is a duck face
[12:33] {nemo} btw...me thinks .42ish will be bottom on jpm
[12:36] {nemo} well, that is if it doesn't stop me out here
01[12:40] {@Threei}  this has to be the cutest/funniest video I've seen in 5 days
[12:40] {nemo} iwm vwap run
01[12:40] {@Threei}  https://www.facebook.com/video.php?v=10152159740881795
[12:43] {_chasj} That's a funny video
[12:44] {JoebiWan} lol spaz cat
01[12:44] {@Threei}  total heart attack
[12:44] {nemo} this may be a double bottom on JPM at R2
01[12:45] {@Threei}  and in case you wander why exactly 5 days - today is Friday, and my long term memory wipes clean every weekend
01[12:45] {@Threei}  wonder
01[12:45] {@Threei}  short term memory - every time I blink
[12:45] {nemo} stand up, it'll take the pressure off your brain
01[12:46] {@Threei}  (blink)
01[12:46] {@Threei}  nemo? who are you?
[12:46] {nemo} no man
[12:46] {nemo} nice setup
01[12:46] {@Threei}  now, what's this Post-Ot on my keyboard...
01[12:47] {@Threei}  "Cover JPM if hits .50"
[12:47] {nemo} "My name is Vadim Graifer, I live at...."
01[12:47] {@Threei}  no, that one is in my wallet, with headline: to whoever finds me wandering the streets
01[12:48] {@Threei}  awww... jen missed it all
[12:49] {nemo} I would hardly call enduring your sense of humor a "miss"
[12:50] {nemo} at least in a negative sense
[12:50] {Jenh} what did i miss?
01[12:50] {@Threei}  sigh... nemo says nothing
[12:51] {nemo} I'm busy looking through porn sites...have my stops in
[12:51] {Jenh} oh just read above
[12:51] {Jenh} very funny :)
01[12:51] {@Threei}  see nemo??
01[12:51] {@Threei}  some do find me funny
[12:51] {nemo} she was talking about MY commentary, not yours
01[12:51] {@Threei}  ah...
[12:51] {Jenh} yeah this whole chat room is great
01[12:51] {@Threei}  does your mibbit show you the vido link, Jen?
01[12:51] {@Threei}  video
[12:52] {Jenh} i'm usually either giggling or laughing from 9:30-4
[12:52] {Jenh} awesome job!
01[12:52] {@Threei}  if you make money too, that's the best way to spend a day
[12:52] {Jenh} yeah, i just saw the cat and gekkos?
01[12:52] {@Threei}  yes
[12:53] {Jenh} poor kitty
01[12:53] {@Threei}  yeah... lost one of his 9 lives I bet
[12:54] {Jenh} yeah, and the lizard's self esteem is through the room
[12:54] {Jenh} *roof
[12:54] {nemo} oooohhh...might just have to move my stop down again
01[12:54] {@Threei}  hehe... "let me tell you the great story how I scared that cat..."
01[12:54] {@Threei}  ok JPM
01[12:54] {@Threei}  time to die
[12:54] {Jenh} exactly
[12:55] {nemo} are you quoting Rutger Hauer?
[12:56] {nemo} just under .50 is the 61.8 retrace in JPM
[12:56] {nemo} moved my stop to .58
01[12:57] {@Threei}  1:3
[13:00] {JoebiWan} out ty vad
01[13:00] {@Threei}  yw
[13:00] {nemo} mmmhhh.  why don't you just move your stop down?
01[13:02] {@Threei}  pains me to say so, but
01[13:02] {@Threei}  nemo was rr
01[13:02] {@Threei}  rrig
01[13:02] {@Threei}  no, I can't
[13:02] {nemo} what was I rrig about?
01[13:03] {@Threei}  you were rrig about [12:33] {nemo} btw...me thinks .42ish will be bottom on jpm
[13:03] {nemo} talk about moth memory...I forgot
01[13:04] {@Threei}  I scotch-taped my eyelids to avoid blinking
01[13:04] {@Threei}  thus preserving short temr memory from erasing
[13:04] {nemo} try cyanoacrylate
01[13:05] {@Threei}  nah, they tried it on Rasputin... not very effective
[13:05] {nemo} it wasn't invented until the 60's so I doubt that
01[13:05] {@Threei}  ah... maybe that's why it was ineffective
[13:06] {nemo} it's a good thing I don't live near you.  You're wife would have killed us both already
01[13:07] {@Threei}  she gave up on that
[13:07] {nemo} moved my stop down to .53
01[13:08] {@Threei}  I distinctly remember her murmuring "hell, even cyanide doesn't work on him"
[13:08] {nemo} silver bullets and a stake
[13:08] {nemo} spy likely to 206.10 now
[13:08] {nemo} no guarantees of course
[13:09] {nemo} needs to stay under .50
[13:09] {nemo} that was quite a volume spike right there
[13:09] {jfjf64} drink nemo drink
[13:10] {nemo} waaaaaaaaaay ahead of ya' jf
[13:12] {nemo} this is weekly pivot on IWM
[13:13] {_Jenh} nemo, how did you figure out 206.10?
[13:13] {nemo} oh boy, if spy and iwm drop these hammers
[13:13] {nemo} proprietary jen, if I tell you....
[13:13] {_Jenh} Bid share or other day
[13:13] {nemo} nope
[13:13] {nemo} what, u think I'm easy?
[13:14] {nemo} I might be a slut, but...
[13:14] {nemo} I have standards
[13:14] {_Jenh} if you tell me you have to kill me?
[13:14] {_Jenh} ok, i'll just take it as magical knowledge
[13:14] {nemo} I didn't say that
[13:14] {nemo} u have no idea
[13:15] {_Jenh} so this is warlock schooling showing through with u?
[13:15] {nemo} I prefer "shaman" or "exorcist"
01[13:15] {@Threei}  1:4
[13:15] {_Jenh} ic
01[13:16] {@Threei}  how come I was never schooled in shamanism? :(
[13:16] {nemo} you were from Ukraine, not Tungusia
[13:16] {_Jenh} us muggles are just not lucky
01[13:16] {@Threei}  I smell discrimination
[13:17] {RonS} fl heavy pedi...
[13:17] {cosmo} the Carpathians come to mind for shamans
[13:17] {nemo} oh jeez, Ron's hitting the grape juice again
[13:18] {nemo} because your information is bad cosmo
[13:18] {nemo} Carpathians a bunch of pagans
[13:18] {cosmo} checking...
[13:18] {nemo} they confused Qi vampires with blood suckers
[13:18] {RonS} arun tripped
[13:19] {cosmo} nope, its them all right
[13:19] {nemo} minor leagues cosmo
[13:19] {cosmo} today maybe
[13:19] {nemo} stop to .46
[13:20] {RonS} twitter hacked?  recieved nothing here for hours...lol...maybe they banned me
01[13:20] {@Threei}  looks ok
[13:21] {nemo} wow, except for the first 10 minutes in this JPM short, it's been better than _______
[13:22] {RonS} wow...China's new climate plan requires 1,000 new nuclear reactors
[13:24] {nemo} won't need streetlights, everything will glow in the dark
[13:24] {nemo} my mind scares me
[13:26] {nemo} volume spikes spy
[13:27] {nemo} o.k spy may bounce here, but .35 overhead resistance
[13:27] {nemo} keeping jpm stop at .46 for now
[13:27] {nemo} jpm volume spike
[13:28] {nemo} vodka break....
[13:28] {jfjf64} crazy s o b
[13:28] {nemo} you talkin' about my mother?
[13:29] {nemo} she died in 2001
[13:29] {jfjf64} never just u
[13:30] {nemo} always would nail ese with that one
[13:30] {nemo} stop to .42
[13:31] {nemo} o.k they'll try to jack the whole number in SPY j
[13:31] {nemo} Jen...
[13:31] {_Jenh} yes
[13:31] {nemo} Jen...
[13:31] {_Jenh} what's up?
[13:31] {nemo} 206.10 is the two day VWAP, algo's like that
[13:31] {_Jenh} ahhhh, thank you
[13:32] {_Jenh} i have neither vwap or algo so figured it had to be magic
[13:32] {nemo} .25 now overhead resistance on spy
[13:33] {_Jenh} thanks
[13:33] {nemo} np...send check or money order
[13:34] {_Jenh} to where?
[13:34] {nemo} we're back to the "If I tell u..." scenario
[13:34] {_Jenh} sorcery, warlock, or which school
[13:34] {_Jenh} :)
[13:34] {nemo} shaman/exorcist
[13:35] {_Jenh} can't remember the harry potter place and tried to wiki
[13:35] {_Jenh} that's right, i forgot "shaman/exorcist"
[13:35] {nemo} ohhhh Puleeeeeeeese!
[13:35] {_Jenh} i have to keep my magical people people straight
01[13:35] {@Threei}  they are
01[13:36] {@Threei}  ?
[13:36] {nemo} we're "forward" never "straight"
01[13:36] {@Threei}  not thast there is anything wrong with that
[13:37] {nemo} what can I say, I luv Bunny....
[13:37] {nemo} see how SPY having problems with .25 so far
[13:37] {nemo} get's through that next resistance .47 and dropping
[13:38] {_Jenh} yes, i saw that. thanks!
[13:38] {nemo} JPM low is R1
[13:40] {nemo} itneresting, IWM likely to retest 117, and IWM .40ish, JPM not going with so far
[13:41] {nemo} ahhh...IWM 117 and SPY .40ish
[13:41] {nemo} I'm not as think, as you drunk I am
[13:45] {dino} fl sm l .76
[13:46] {nemo} nobody buying JPM in this upmove so far
[13:47] {nemo} they're trying though
[13:47] {jfjf64} keep driving nemo
[13:47] {jfjf64} ya doing great
[13:47] {nemo} not in my condition
[13:48] {jfjf64} comon
[13:48] {jfjf64} ya really drinkin already
[13:48] {nemo} real simple, stop is .42
[13:48] {nemo} arguably first resistance is .38, but key is what spy does @.44
[13:49] {nemo} imo, that is
[13:50] {nemo} btw...weak side on algo is weakening, so likely hood of indexes going up is growing
[13:50] {nemo} see volume in JPM, that makes this level important
[13:50] {nemo} imo, that is
[13:51] {jfjf64} imo
[13:51] {jfjf64} ofcourse
[13:53] {nemo} SPY holds .44 I should get swtopped out
[13:55] {nemo} stopped
[13:56] {nemo} just a little too tight
[13:57] {jfjf64} what ever ya like
[13:58] {nemo} still ended up better tha 1:3
[13:58] {nemo} just slow
[13:59] {jfjf64} great hearing ya narrate trade
[13:59] {RonS} gj
[13:59] {nemo} I'm not usually sober this late in the day
[13:59] {jfjf64} ya alright nemo
[13:59] {_Jenh} gj nemo
[14:00] {JoebiWan} sobered up already?
06[14:00] * nemo "blushes"
[14:00] {nemo} no...just getting started, running heavy machinery and firearms a little later
[14:00] {jfjf64} gps
[14:01] {jfjf64} should go
[14:02] {dino} tcp drop/gap fill
[14:02] {JoebiWan} where you doin that nemo?
[14:03] {dino} sm l .02
[14:03] {nemo} Massachusetts
[14:03] {JoebiWan} i mean, you run a machine shop or somethin?
[14:03] {nemo} no, but the playing with firearms is accurate
[14:04] {nemo} vad, whaddy think about spy long here?
[14:04] {nemo} I'm thinking above .55, or sso above .80
[14:05] {jfjf64} dino ya long fl
[14:05] {jfjf64} shhhh vg sleepin
01[14:06] {@Threei}  me no sleep
01[14:06] {@Threei}  me try think
[14:06] {nemo} ahhh, his beauty coma
01[14:06] {@Threei}  my duccesful not
01[14:06] {@Threei}  d=s
[14:06] {jfjf64} I know
01[14:06] {@Threei}  feels like break will get rinsed here, nemo
01[14:07] {@Threei}  how about DKTK?
[14:07] {nemo} spy nees to hold .45
[14:07] {jfjf64} ?
01[14:07] {@Threei}  look IWM
[14:07] {nemo} works for me
01[14:07] {@Threei}  .75 break is setup,
[14:07] {nemo} IWM showing bi-setup
01[14:07] {@Threei}  let's let it go, wait for a rinse
[14:07] {dino} out tcp .62, +.60
[14:07] {nemo} finnies iffy too
01[14:07] {@Threei}  and enter around .65 after stops are hit
01[14:08] {@Threei}  wtg dino
[14:08] {dino} ty
[14:08] {nemo} these indexes might all be bi-setups
01[14:12] {@Threei} Long Setup:  IWM  .65 break
01[14:12] {@Threei}  If holds  .60
01[14:12] {@Threei}  how about this forecast rinse?
01[14:12] {@Threei}  am I fit for candidate to shamans?
[14:13] {nemo} it chooses u
[14:13] {_Jenh} lol
01[14:13] {@Threei}  or it doesn't
[14:13] {JoebiWan} lol
[14:14] {nemo} time for you to call Chaeron, Vad
[14:15] {nemo} SPY under bearish level now
[14:18] {dino} wow, sold tcp about a buck too soon
[14:18] {nemo} watching for IWM bounce
[14:21] {jfjf64} .521
[14:21] {jfjf64} .51
[14:25] {nemo} .45 break?
01[14:25] {@Threei}  no clear setup yet
[14:25] {nemo} nope
[14:26] {nemo} .15 level spy
[14:30] {nemo} haa, look at JPM now
01[14:31] {@Threei} Long Setup:  IWM  .20 break
01[14:31] {@Threei}  If holds  .15
[14:31] {nemo} got .22
[14:31] {nemo} might be a tad early
[14:32] {nemo} spy might want to check 206 again
[14:34] {jfjf64} common vg 1:4
[14:34] {nemo} ..65 a distinct possibility
[14:35] {nemo} heavy sledding between here and .35
[14:36] {nemo} stop to be
[14:38] {nemo} SPY and finnies puking
01[14:41] {@Threei}  1:2
[14:42] {jfjf64} buy mortama buy
[14:42] {JoebiWan} trailing or out at 1:3
01[14:43] {@Threei}  1:3
01[14:43] {@Threei}  out
01[14:43] {@Threei}  man, am I good or what
[14:43] {nemo} stop to .34
06[14:43] * @Threei pats himself on the back, dislocates shoulder and goes back to his corner
[14:44] {JoebiWan} gj vad. ty
[14:44] {nemo} spy holds .35 we might be looking at a vwap run
01[14:44] {@Threei}  yw
[14:45] {dino} back in 30 or so, hard stop fl at .72
[14:49] {nemo} stop to .44
[14:50] {nemo} watching spy and finnies for weakenss
[14:50] {jfjf64} ty nemo
[14:50] {nemo} weakness
[14:50] {jfjf64} let me pour ya shot
[14:50] {jfjf64} and yes ty vg
[14:50] {jfjf64} shot for ya also
[14:51] {nemo} dogfight for spy up through .55
[14:52] {jfjf64} holdin .35
[14:52] {nemo} finnies not following yet
[14:52] {jfjf64} explodeeeeeeeeeeeeeee
[14:53] {nemo} not unless finnies follow
[14:53] {nemo} we're getting close to the .60 target
[14:53] {jfjf64} bam
[14:53] {nemo} first target hit
[14:54] {jfjf64} relode
[14:54] {nemo} not me
[14:54] {jfjf64} fireeeeeee
[14:54] {nemo} move stop up to .52
[14:54] {jfjf64} got it
[14:54] {jfjf64} ty
[14:55] {nemo} spy needs to stay above .38
[14:55] {jfjf64} im gonna milk this bitch
[14:55] {jfjf64} vg bitch
[14:55] {nemo} jf, there are women in the room
[14:55] {nemo} oh oh spy
[14:56] {jfjf64} out
[14:57] {jfjf64} sorry jen
[14:57] {nemo} eh, hasn't hit my stop yet, and spy only momentarily broke .35
[14:57] {nemo} it drops that doji, then it's over imo
[14:58] {jfjf64} careful dino fl
[14:59] {jfjf64} holdin .35 spy
[14:59] {nemo} yep
[15:00] {jfjf64} nemo what a good geman red
[15:00] {nemo} German reds?  good? not really, they have a red grape they grow on the Saar/Ruwer river, forgot the name of it off hand...it's o.k. but their Rieslings are to die for
[15:01] {_Jenh} lol u guys don't have to be so worried about what you write while i'm around
[15:01] {_Jenh} i'm fine with the language
[15:01] {_Jenh} you know everything is online so I can see stuff from years ago through 111 Trades
[15:01] {jfjf64} ahhh
[15:02] {nemo} stop to .58
[15:02] {_Jenh} i have seen enough to know how this group is
[15:02] {jfjf64} I do apol for potty mouth
[15:02] {_Jenh} np
[15:02] {nemo} vwap run just became a distinct possibility
[15:03] {nemo} IWM target .90ish
[15:03] {_Jenh} i curse over hear when a trade doesn't go my way to (or to help it) ;)
[15:03] {_Jenh} *too
[15:03] {nemo} you mean like "gosh darn"  "dagnabbit
[15:04] {_Jenh} sure. i totally sound like a looney toons character in the middle of a trade
[15:04] {nemo} "sufferin' succotash!"
[15:05] {_Jenh} that's me to a t
[15:05] {nemo} well, that's Warner Bros.
[15:05] {jfjf64} dats all folks
[15:05] {_Jenh} :)
[15:05] {nemo} the Universe is a strange place
[15:08] {nemo} spy volume spike, needs to stay above .40
[15:08] {nemo} frankly though this is  a short setup right here in IWM but I'll hold the stop
01[15:10] {@Threei}  look where we got IWM... 5 cents from bottom
[15:10] {nemo} out
[15:10] {jfjf64} very nice job
[15:11] {nemo} oh frig me
[15:11] {jfjf64} patience ya waited for set up
[15:11] {_Jenh} gj
[15:11] {nemo} mudda fugga
[15:11] {nemo} I got pennied out
[15:11] {jfjf64} ?
[15:11] {jfjf64} mudda fugga
[15:11] {nemo} I moved stop to .58 shoulda been .54
[15:12] {jfjf64} oh boy
[15:12] {nemo} jf...use your imagination...stand up to take the pressure off your brain
[15:12] {jfjf64} looks like higher
[15:12] {nemo} no shit, vwap run
[15:13] {nemo} stop too tight
[15:13] {jfjf64} common ya said that to vg already today
[15:13] {nemo} got .64 and .58 so not bad, but...
[15:13] {jfjf64} ya said stop .54
[15:13] {jfjf64} when I got out
[15:13] {nemo} [15:02] {nemo} stop to .58
[15:14] {jfjf64} na pretty good
[15:14] {jfjf64} ahh missed that post
[15:14] {nemo} lucky you did
[15:14] {jfjf64} I was apol to jenny
[15:14] {jfjf64} at time
[15:15] {_Jenh} oh jf :(
[15:15] {_Jenh} thanks for being gentlemanly
[15:15] {jfjf64} oh ty
[15:16] {nemo} just stop wearing the plaids and the stripes together JF
[15:16] {RonS} outta here...good weekend to all
[15:16] {nemo} looks like that might be it
[15:16] {JoebiWan} cya ron
[15:17] {jfjf64} what ya fireing tonight heavy artilery
[15:17] {_Jenh} have a great weekend Ron
[15:17] {jfjf64} enjoy Alaska ron
[15:17] {nemo} nah, instinct shooting
[15:18] {jfjf64} whats that
[15:18] {nemo} no sights
[15:18] {jfjf64} I need all sights I cd get
[15:18] {nemo} that's the paradox, u don't
[15:19] {nemo} wow, we're going higher
[15:19] {jfjf64} why wouldn't we
[15:19] {jfjf64} Obama baby
[15:20] {jfjf64} mkts love em
[15:20] {nemo} that .58 stop looks bad now
[15:21] {jfjf64} yep
[15:21] {jfjf64} look iwm
[15:21] {jfjf64} going to vwap
[15:22] {nemo} maybe
[15:22] {nemo} .55 support
[15:23] {nemo} could be forming short setup here
[15:23] {nemo} so, no man's land if we had stayed in
[15:24] {jfjf64} swimming no life jacket
[15:25] {nemo} yeah, that tightened stop looks worse all the time
[15:25] {nemo} frickin' Les, if it weren't for him....
[15:26] {jfjf64} how finnies
[15:27] {nemo} holding but looking a tad weak
[15:27] {jfjf64} jpm
[15:28] {nemo} Vad IWM long setup here
[15:29] {nemo} tna .81 long
01[15:29] {@Threei}  looks like
[15:29] {nemo} stop .74
[15:29] {jfjf64} grr
[15:29] {nemo} partial .93 getting late
[15:30] {nemo} stop to BE
[15:30] {jfjf64} missed both
[15:30] {nemo} I was a little slow, can't pour shots and type at the same time
[15:31] {nemo} target 76.60ish
[15:31] {JoebiWan} i got tna
[15:31] {JoebiWan} the stock....
[15:31] {nemo} I love TnA
[15:31] {jfjf64} ahhh
[15:31] {JoebiWan} ty nemo
[15:31] {jfjf64} jbw
[15:31] {nemo} padawan
[15:31] {JoebiWan} out here
[15:31] {jfjf64} ya fit in jungle just fine
[15:32] {nemo} what was that about "milking the bitch"? JF
[15:32] {jfjf64} go tna
[15:32] {jfjf64} even though nemo post 10 cents in money
[15:32] {nemo} no about .03
[15:32] {nemo} I hit the buy and then posted
[15:33] {nemo} sorry, tna can move fast
[15:33] {jfjf64} lol
[15:33] {jfjf64} kiddin
[15:33] {nemo} TNA tucked me good earlier this week
[15:33] {jfjf64} im out here
[15:33] {jfjf64} enjoy all
[15:34] {nemo} had one of those vacuum trap door drops
[15:34] {jfjf64} ty vg
01[15:34] {@Threei}  take care jf
[15:34] {JoebiWan} cya jf
[15:34] {nemo} target IWM vwap
[15:34] {jfjf64} look at that
[15:35] {jfjf64} hit the bottom vg perfect
[15:35] {_Jenh} have a great weekend jf
01[15:35] {@Threei}  :)
[15:35] {nemo} look at spy at the same time jf
[15:35] {nemo} tested 206
[15:35] {jfjf64} I see
[15:36] {nemo} stop is iwm .85
[15:37] {nemo} I'm also out if spy hits vwap first
[15:37] {dino} fl stopped -.04
[15:38] {nemo} love those trades that take off right after you enter without going red on ya
[15:38] {nemo} out
[15:38] {nemo} .01
[15:39] {nemo} eh
01[15:48] {@Threei}  OK guys, this was a sweet week
01[15:49] {@Threei}  thank you all, let's have a great relaxing weekend
01[15:49] {@Threei}  see you on Monday
[15:49] {JoebiWan} bye all ty
[15:49] {_Jenh} bye! have a great weekend everyone

Thursday, November 20, 2014

Nov 20 2014

Classic breakout setup, serving as aggressive entry for day high break. That in turn led to an explosive move 

(chart courtesy of broker)

The day continued in the most pleasant way, offering trade after trade adding to the early profits. TWTR served as our ATM of the day, although some other added too.

Session Time: Thu Nov 20 00:00:00 2014
[09:03] {JoebiWan} gm
01[09:07] {@Threei}  jw :)
[09:09] {RonS} howdy y'all
01[09:10] {@Threei}  ron :)
[09:11] {_chasj} gm all
01[09:11] {@Threei}  jw, you downgraded yourself?
01[09:11] {@Threei}  chas :)
[09:13] {dino} gm
01[09:13] {@Threei}  dino :)
[09:21] {jfjf64} gm
01[09:21] {@Threei}  jf :)
01[09:32] {@Threei}  Upside:
01[09:32] {@Threei}  -MAGS +20% (earnings)
01[09:32] {@Threei}  -CZR +12% (considering adjusting largest operating unit into a REIT)
01[09:32] {@Threei}  -WSM +7% (earnings)
01[09:32] {@Threei}  -MBLY +6% (earnings, guidance)
01[09:32] {@Threei}  -BBY +5.6% (earnings)
01[09:32] {@Threei}  -GLOG +4.2% (earnings)
01[09:32] {@Threei}  -PLCE +3.4% (earnings)
01[09:33] {@Threei}  Downside:
01[09:33] {@Threei}  -JMEI -16% (earnings)
01[09:33] {@Threei}  -LOCO -7.2% (priced offering of 6M shares ar $27/shr)
01[09:33] {@Threei}  -RMTI -7.2% (priced 6.5M shares at $9/shr)
01[09:33] {@Threei}  -GPRO -7% (prices 10.4M shares at $75/shr)
01[09:33] {@Threei}  -CRM -3.2% (earnings)
01[09:33] {@Threei}  -GMCR -2% (earnings)
01[09:34] {@Threei} Long Setup:  IWM  .90 break
01[09:34] {@Threei}  If holds  .80
01[09:35] {@Threei}  1:1
01[09:38] {@Threei} Long Setup:  FB  .85 break
01[09:38] {@Threei}  If holds  .75
[09:41] {jfjf64} bby
[09:41] {jfjf64} watchin
[09:41] {jfjf64} dtop
[09:43] {nemo} two more minutes dino
01[09:45] {@Threei} Long Setup:  DAL  44 break
01[09:45] {@Threei}  If holds  .90
01[09:47] {@Threei}  no go
[09:52] {dino} lol nemo
[09:52] {nemo} ;-)
01[09:52] {@Threei}  rinse
[09:52] {dino} 07 scrolling green
01[09:52] {@Threei}  somg
[09:52] {_chasj} dal WAS A NO GO
[09:53] {_chasj} DAL wass a no go should you have gotten in on the rebound
01[09:53] {@Threei}  no
[09:54] {dino} anet smr l .92 hooker
[09:54] {dino} db hl l .09
[09:55] {dino} gild sm l .90
01[09:56] {@Threei} Short Setup: GLD  .60 break
01[09:56] {@Threei}  If holds  .70
01[09:59] {@Threei}  *(US) OCT EXISTING HOME SALES: 5.26M V 5.15ME
01[10:00] {@Threei}  *(US) OCT LEADING INDEX: 0.9% V 0.6%E
01[10:00] {@Threei}  1:1
01[10:00] {@Threei}  1:2
[10:00] {jfjf64} kick in the finn ass
01[10:00] {@Threei}  *(US) NOV PHILADELPHIA FED BUSINESS OUTLOOK: 40.8 V 18.5E
[10:00] {jfjf64} die biatch
[10:01] {dino} out gild .20, +.30
[10:01] {jfjf64} jf little hang over
[10:01] {jfjf64} hanger 1
[10:01] {jfjf64} nice dino
[10:01] {dino} ty
[10:01] {nemo} good stuff
[10:01] {nemo} huh JF?
[10:01] {jfjf64} yes
[10:02] {jfjf64} ya known ya vodka
[10:02] {jfjf64} made with grapes
[10:02] {nemo} I hang out with Russians
[10:02] {jfjf64} who was that in video yest
[10:02] {nemo} russian that makes me drink vodka
[10:03] {jfjf64} part ya Russian crew
[10:03] {nemo} as you can see, it's best to do what he tells you
[10:03] {jfjf64} lol
01[10:03] {@Threei}  1:3
01[10:03] {@Threei}  out
[10:03] {jfjf64} good job
[10:03] {jfjf64} rince job dal
[10:04] {jfjf64} yest too
[10:04] {JoebiWan} ty vad
01[10:04] {@Threei}  yw
01[10:04] {@Threei}  yesterday DAL invalidated
[10:04] {jfjf64} sorry
[10:04] {jfjf64} vg
[10:04] {jfjf64} lol
[10:05] {dino} anet stop ave .63 -.29
[10:06] {jfjf64} gps short40 break
[10:08] {nemo} LVS
01[10:09] {@Threei}  global cost of obesity reached $2T
[10:09] {jfjf64} fat basterds
[10:09] {nemo} yeah, well the global cost of stupidity is immeasurable
01[10:10] {@Threei}  no idea how they calculate that... but I did my part in savings, down 25+ lbs in less than 1 year
[10:10] {RonS} turkey bacon?
01[10:10] {@Threei}  no way
01[10:10] {@Threei}  bacon must come from pig
01[10:10] {@Threei}  it just must
[10:11] {_chasj} starvation?
[10:11] {dino} gj 3i
01[10:11] {@Threei}  kidding? no siongle minute a day do I feel hungry
[10:11] {jfjf64} congrats vg
01[10:11] {@Threei}  ty dino
01[10:12] {@Threei} Long Setup:  TWTR  40 break
[10:12] {jfjf64} getting down to fightin weight
01[10:12] {@Threei}  If holds  .90
[10:13] {dino} out db .03 -.06
01[10:13] {@Threei}  change to .95
01[10:15] {@Threei}  If holds  .88
01[10:18] {@Threei}  half out
01[10:18] {@Threei}  stop to .94
01[10:24] {@Threei}  1/4 more out
01[10:24] {@Threei}  stop to .99
01[10:26] {@Threei}  to .04 now
[10:34] {jfjf64} fb hod
[10:34] {_chasj} 3i still in TWTR?
01[10:37] {@Threei}  1/4, yes
01[10:42] {@Threei}  closed
[10:43] {_chasj} 3i, you really milk the co
[10:43] {JoebiWan} gj twtr
01[10:45] {@Threei}  that's what cow is for, right?
[10:46] {dino} bofi smr l .88 thinny
[10:55] {_chasj} was it just me, did anyone else lose the connection?
01[10:55] {@Threei}  no... we are fine
[10:56] {_chasj} trouble 2 day now
[11:16] {RonS} what bs...  Government scientists say average ocean and land temperatures for October were highest since record keeping began in 1880
01[11:16] {@Threei}  lol
[11:16] {nemo} did they say what planet?
[11:16] {_chasj} go tell that to Buffalonians
[11:18] {JoebiWan} lol nemo
01[11:18] {@Threei} Long Setup:  TWTR  .10 break
01[11:18] {@Threei}  If holds  40
[11:19] {nemo} aapl setting up for higher
[11:19] {nemo} market can't come in unless it does
[11:25] {nemo} Hah, this is next town over from me: http://goo.gl/aERYMl
01[11:25] {@Threei}  lol
[11:25] {JoebiWan} wow
[11:25] {nemo} the one to the right used to be a Karvel ice cream store
[11:27] {nemo} I actually hunt behind that apartment building...it backs up to an office park that is heavily wooded
01[11:28] {@Threei}  break .20 and fly, TWTR
01[11:28] {@Threei}  1:1
[11:29] {JoebiWan} youve done this before, i see
01[11:30] {@Threei}  couple times
[11:30] {RonS} awkward... Montana now the the 34th U.S. state to legalize gay marriage with South Carolina to come
01[11:30] {@Threei}  lol
01[11:30] {@Threei}  1:2
[11:30] {nemo} When can I marry sheep?
[11:31] {RonS} ...searching for Daisy?
[11:32] {nemo} I'm into pedophilia I want the lambs
[11:32] {JoebiWan} out twtr. great trade vad ty
[11:32] {nemo} or is that just veal?
01[11:32] {@Threei}  1:3
01[11:32] {@Threei}  yw
[11:33] {nemo} probably going to .60ish
[11:35] {nemo} indexes next leg up looks like
[11:36] {nemo} aapl
[11:36] {_chasj} nemo my political buddie, your right
[11:36] {nemo} about what?
[11:37] {_chasj} 60ish
[11:37] {nemo} oh aapl coming in
[11:37] {nemo} I'm actually relatively apolitical, I just study it as a byproduct of my other stuff
[11:37] {_chasj} thought you were still watching twtr
[11:38] {nemo} might be worth shorting the indexes here
[11:39] {nemo} see the doji two days ago, it's low was .60ish
[11:39] {nemo} figured it would get about there
01[11:39] {@Threei}  illustration to thinking behind the trade: http://tradinglog.realitytrader.com/2014/11/nov-20-2014.html
01[11:39] {@Threei}  welll... rather "weird process in me that goes for thinking"
[11:40] {dino} bofi to .92
[11:41] {cosmo} Are those B-Bands?
[11:41] {nemo} yep
01[11:41] {@Threei}  yeah
[11:42] {dino} to .25
[11:43] {_chasj} 3i, whats your settings on B Bands?
[11:43] {nemo} 13 1.7
[11:43] {dino} don't use them
[11:43] {_chasj} thanks
01[11:43] {@Threei}  what nemo said
[11:43] {nemo} no....
[11:43] {nemo} what I wrote
01[11:43] {@Threei}  that's for 1 min chart
[11:43] {nemo} or typed
01[11:43] {@Threei}  for daily use standard 20/2
[11:44] {_chasj} ty
[11:48] {_chasj} I watch 5 charts 1,5,15,60 & day.  Too many?
01[11:49] {@Threei}  to me, way too many
01[11:49] {@Threei}  sk yourself what they add
[11:49] {dino} out bofi ave .99, +1.11
01[11:49] {@Threei}  do you see on all of them something that you wouldn't on just 1 min and daily?
[11:49] {JoebiWan} gj dino
[11:49] {dino} ty, bad slip
01[11:50] {@Threei}  wtg
[11:50] {_chasj} I was taught that way but since been in your room have only been watching about 3
[11:51] {dino} dds spike
[11:52] {dino} vsm s .42
[11:54] {dino} stop .68 -.26
[11:54] {dino} shit, rinsed
[11:55] {dino} smr s .40
[11:56] {dino} cov .80, +.60
01[11:57] {@Threei}  there is plenty of unneeded crap being taught by various people
01[11:57] {@Threei}  do they demonstrate their stuff working profitably, day in day out, as we do here?
[11:58] {dino} k.i.s.s. method here
[11:58] {_chasj} He is profitable but does not get as many right as you
01[11:59] {@Threei}  hey... if he is profitable, that's already an achievement... most of them are just fraud, plain and simple :)
[12:00] {dino} smr s dds .17
[12:01] {dino} stop .28 -.11. it tasks me
[12:01] {_chasj} gets about 1/2 right but by putting good stops in and getting out as you do 1:2 1
[12:02] {RonS} Marcato: Plan Would Value Cos at Combined $193 Per Shr }DDS
[12:02] {dino} thx ron
[12:02] {_chasj} 1:3
[12:02] {RonS} Marcato: Dillard's 'Could Unlock Tremendous Value' With REIT Spinoff
01[12:22] {@Threei}  The Philly Fed's manufacturing outlook crushed expectations and delivered the highest headline figure since December 1993. Expectations of 18.5 were down slightly from last month's 20.7 reading. The new orders index rose 18 points to 35.7. Analysts note that the striking numbers runs counter to other surveys this month, with both the Empire State manufacturing report and flash PMI reports coming in mixed. Others note the series has had spikes followed by big revisions in the past.
[12:22] {nemo} oh jeez, Pats signed LeGarrette Blount
01[12:23] {@Threei}  The October existing home sales pushed out to a one-year high of 5.26 million units, while the supply of homes on the market fell to a seven-month low of 5.1 months equivalent.
01[12:23] {@Threei}  this last one was btw one of the reasons behind our GLD short trade
01[12:24] {@Threei}  by all other numbers in this venue I expected this one to be good, and GLD works as a fade to SPY these days
01[12:24] {@Threei}  so shorting it near its low right in front of the housing numbers made perfect sense to me
01[12:24] {@Threei}  both technical setup and fundamentals came together for a nice juicy trade
01[12:31] {@Threei} Long Setup:  IWM  116 break
01[12:31] {@Threei}  If holds  .90
01[12:33] {@Threei}  1:1
[12:35] {nemo} BABA
[12:38] {RonS} practicing for the sheep, eh?
[12:38] {nemo} not bad
[12:38] {nemo} ron showing some flexibility beyond his usual Ronisms
01[12:49] {@Threei} Short Setup: TWTR  .10 break
01[12:50] {@Threei}  If holds  .20
01[12:50] {@Threei}  ugh... late alert by a second
[12:50] {nemo} frickin' JPM
01[12:51] {@Threei}  ok, in on bounce
[12:55] {dino} zayo spike
01[13:01] {@Threei}  1:1
01[13:01] {@Threei}  1:2
[13:02] {nemo} aapl going
[13:38] {nemo} CRM
[13:38] {nemo} popped
[13:38] {nemo} too late
[13:46] {_chasj} because my little man in the chatting box is green, does that signify me as a rookie?
[13:46] {nemo} no...that's in your settings
[13:47] {nemo} I think pink would be more your color
[13:47] {dino} lol
[13:47] {jfjf64} lol
[13:47] {_chasj} thanks buddie
[13:48] {_chasj} I could wear my wife's pink blouse
06[13:48] * @Threei hands chas 2x4 sized as 4x6, about 2 yards long, and suggests using it on nemo anytime he please
[13:48] {_chasj} lol
06[13:49] * nemo unholsters the P229 loaded with Glasers
06[13:49] * nemo thinks, "It's about this time, Vad hands the rocket launcher to chasj."
01[13:49] {@Threei}  I prefer Grad
[13:50] {_chasj} thats a laugh
01[13:50] {@Threei}  much more effective
[13:50] {jfjf64} oh boy
01[13:50] {@Threei}  some collateral damage is inevitable but...
[13:50] {nemo} gotta' break some eggs
01[13:51] {@Threei}  http://en.wikipedia.org/wiki/BM-21_Grad
[13:51] {_chasj} breaks the monotony
01[13:51] {@Threei}  the nickname grad means "hail"
01[13:51] {@Threei}  hail from hell
[13:51] {nemo} oh great Katyushas...gotta' carpet rocket them
[13:52] {jfjf64} lotta use
01[13:52] {@Threei}  it's a grandson of katusha
[13:52] {nemo} yeah, runs without guidance
[13:53] {nemo} WDC
[13:53] {nemo} a bit thin
[13:53] {nemo} look at that daily though
[13:54] {jfjf64} have another shot nemo
[13:54] {jfjf64} startin to see things
[13:54] {nemo} mmmhhhh...have to handle weapons soon
[13:54] {nemo} that's a frickin' C&H on the daily jf
[13:55] {jfjf64} salute
[13:57] {nemo} I need to take up knitting, or needlepoint
[13:58] {JoebiWan} you could borrow that blouse from chas
[13:58] {nemo} and do what with it?
[13:58] {jfjf64} was thinkin same
[13:58] {nemo} scary padawan, you think like JF...time to fall on your light saber
[13:59] {JoebiWan} lol
01[13:59] {@Threei}  and chas's wife will have legit excuse for new wardrobe shopping
[13:59] {nemo} IWM new highs
01[13:59] {@Threei}  everyone wins
[14:00] {_chasj} you can have the blouse i don't fill it out in front
[14:00] {nemo} toilet paper chas
01[14:00] {@Threei}  this is an image in my head I didn't need at all
[14:00] {_chasj} lol
[14:00] {nemo} slow markets are not good for my mental health
01[14:02] {@Threei}  as if anything is
[14:03] {_chasj} my wife does not need an excuse
01[14:04] {@Threei}  they ususally don't
[14:05] {_chasj} she finds things in closet she has never worn
[14:07] {dino} toilet paper, that reminds me of the wife that wanted a boob enlargement. husband says, just rub tp on your boobs, it worked on your ass
[14:08] {jfjf64} hehe
01[14:12] {@Threei} Long Setup:  TWTR  .90 break
01[14:12] {@Threei}  If holds  .85
[14:12] {nemo} BABA looks long here
[14:19] {jfjf64} dal
[14:19] {jfjf64} lod
01[14:20] {@Threei}  1:1
[14:22] {nemo} FB
01[14:26] {@Threei}  1:2
01[14:27] {@Threei}  TWTR is our ATM today
[14:28] {JoebiWan} right on vad, great day
01[14:29] {@Threei}  yeah, we work with irritating consistency
[14:45] {dino} rax spike
[14:46] {nemo} buyout rumor probably
01[14:48] {@Threei}  [RAX] Ticks higher on circulation of previously reported news that Jana Partners has taken a stake
01[14:48] {@Threei} Long Setup:  VXX  .50 break
01[14:48] {@Threei}  If holds  .40
[14:54] {nemo} IWM
01[15:02] {@Threei}  1:1
[15:14] {dino} cyt drop
[15:15] {dino} damn, i'm too slow today
[15:15] {nemo} this action will lull you to sleep
[15:16] {jfjf64} what ya using stop vg
[15:16] {nemo} after 1:1 usually entry
[15:17] {jfjf64} ty vg
[15:17] {jfjf64} .55 looked support
[15:18] {nemo} yeah, however, wouldn't be unusual for it to test just below "obvious" support levels and still above your entry
01[15:19] {@Threei}  .49 for now
[15:19] {_chasj} what is usually entry?
01[15:19] {@Threei}  but after ,65 break, yes, I'd trail to .54
[15:19] {nemo} this may be the afternoon ramp
01[15:20] {@Threei}  he means that usually we trail to the entry point after partialling at 1:1
[15:21] {jfjf64} ofcourse while wearing pink shirt
[15:21] {_chasj} ty VG
[15:21] {_chasj} lol
[15:21] {jfjf64} lol
01[15:21] {@Threei}  well... if you are allergic to pink, tutu will do too
[15:22] {_chasj} can't dance
[15:22] {jfjf64} nemo likes wearing tutu  correct
01[15:22] {@Threei}  and nemo was spotted once wearing ballet point shoes
01[15:22] {@Threei}  pointe
01[15:22] {@Threei}  don't have to dance... just wear
01[15:23] {@Threei}  although rain dance sometimes helps stocks move
01[15:23] {@Threei}  just as chicken entrails, human sacrifice or bringing finest wines and cheeses
[15:23] {_chasj} i3 now I've got to buy your other book !!!
[15:24] {nemo} never thought of Vad as an aaple product
01[15:24] {@Threei}  TTR you mean?
01[15:25] {@Threei}  I fond it hard to believe anyone involved in trading wtill wouldn't read it
01[15:25] {@Threei}  find
01[15:25] {@Threei}  still
01[15:25] {@Threei}  jeez
[15:26] {jfjf64} no die mkt
[15:29] {_chasj} did not know the name of it, yes TTR
[15:29] {jfjf64} or if ya prefer TUTU
01[15:30] {@Threei}  ever after ese story I call it "one worth 120 other trading books"
[15:31] {jfjf64} IM GONNA FLY
[15:31] {jfjf64} SEE ALL TOMMOROW
[15:31] {jfjf64} ty vg
01[15:31] {@Threei}  easy on mushrooms
01[15:31] {@Threei}  yw :)
[15:31] {jfjf64} Portobello
[15:31] {dino} cya jf
[15:31] {jfjf64} nice shrooms
[15:31] {jfjf64} cya dino
[15:32] {_chasj} thanks VG, tomorrow
01[15:32] {@Threei}  :)
[15:32] {JoebiWan} bye all good day
[15:32] {JoebiWan} ty
01[15:32] {@Threei}  what's with mass exodus... can I go home too?
[15:32] {dino} cya chas, joe
[15:33] {dino} thought you were home 13
[15:33] {_chasj} adios
[15:33] {nemo} vaya con diablo
[15:34] {_chasj} gracias time ffor a modelo
01[15:36] {@Threei}  OK guys, thank you all
01[15:36] {@Threei}  have a great evening, see you tomorrow

Wednesday, November 19, 2014

Nov 19 2014

Nice day with solid gains, pleasantly finished off with FB long for easy 1:2.


Session Start: Wed Nov 19 00:00:00 2014

[08:58] {dino} gm
01[08:59] {@Threei}  dino :)
[09:14] {jfjf64} gm
01[09:14] {@Threei}  jf :)
[09:15] {RonS} gm, dudes and squares
01[09:15] {@Threei}  ron :)
[09:16] {Jenh} gm
01[09:16] {@Threei}  squares?
01[09:16] {@Threei}  jen :)
[09:16] {RonS} jfjf...
01[09:16] {@Threei}  how's new computer?
01[09:16] {@Threei}  ah
[09:16] {_chasj} gm
[09:17] {RonS} Z pop on Sohn Conference comments
[09:18] {nemo} should be veeeeerrrrrryyyyy slow today
01[09:18] {@Threei}  chas :)
01[09:19] {@Threei}  loonie down half cent on failed pipeline vote
[09:19] {RonS} wow, freakin Buffalo NY... knew a guy who was there in '76...never forgave the boss who sent him there
01[09:19] {@Threei}  lol
[09:19] {Jenh} oh, thanks for asking, still have old computer until possibly tomorrow
01[09:19] {@Threei}  ah, OK
[09:19] {nemo} what you getting?
[09:20] {Jenh} apple said they would work on things, so I have meeting with them tomorrow, but if not, a Dell
[09:20] {Jenh} I already have one ready just in case
[09:20] {nemo} what cpu and what video cards?
[09:21] {Jenh} I think it's a quatro-core? I'm not sure about the video cards
[09:22] {JoebiWan} if dell, my guess core i-7
[09:22] {Jenh} i think so
[09:23] {_chasj} born if buffalo, glad i left. armpit of world
[09:23] {Jenh} had long talk with apple yesterday and the Promised they would fix whatever is going on.
[09:23] {nemo} that'll work question then becomes how many monitors can you run on the internal graphics card, and can you use the internal card with installed external cards
[09:24] {Jenh} wow. I just looked to see if it had enough USB ports for monitors. :)
[09:24] {Jenh} i have three monitors. I think it will be ok
[09:25] {Jenh} thanks for the computer info nemo. really helped when I was looking
01[09:25] {@Threei}  monitors connect via USB these days?
01[09:25] {@Threei}  wow, I am way behind
[09:26] {RonS} ugaz big move...
[09:26] {nemo} well, main monitors shouldn't...they should be dvi or hdmi
[09:27] {Jenh} Mine are through hdmi now with thunderbolt, which is like USB
[09:27] {Jenh} it's a little attachment
[09:28] {nemo} I suggest you run your main screens through hdmi...all new computers usually allow for 2 monitors
[09:28] {Jenh} really? ok thanks.
01[09:28] {@Threei}  Upside:
01[09:28] {@Threei}  -OPLK +14% (being acquired by Koch Industries for $24.25/shr)
01[09:28] {@Threei}  -GSAT +10% (insider activity)
01[09:28] {@Threei}  -LITB +6.2% (earnings)
01[09:28] {@Threei}  -SUNE +5.5% (momentum from TERP deal; positive broker commentary)
01[09:28] {@Threei}  -LOW +5% (earnings)
01[09:28] {@Threei}  -LZB +5% (earnings)
01[09:28] {@Threei}  -MACK +4.2% (received FDA fast-track designation for MM-398 treating pancreatic cancer)
01[09:28] {@Threei}  -PETM +4% (KKR & CD&R said to be preparing a joint $7.5B+ bid)
01[09:28] {@Threei}  -D: +3.6% (earnings)
01[09:28] {@Threei}  -SPLS +3% (earnings)
01[09:28] {@Threei}  -TGT +3% (earnings)
01[09:28] {@Threei}  -JACK +3% (earnings)
[09:28] {Jenh} will do
01[09:28] {@Threei}  Downside:
01[09:28] {@Threei}  -CLF -14% (pursuing exit options for Eastern Canadian operations)
01[09:28] {@Threei}  -VIPS -8% (earnings)
01[09:28] {@Threei}  -TSLA -2.3% (MS lowered FY15 EPS outlook)
01[09:32] {@Threei} Long Setup:  IWM  .90 break
01[09:32] {@Threei}  If holds  .80
01[09:33] {@Threei}  Invalidated
[09:35] {nemo} wtf
[09:36] {nemo} spy bounced S1
[09:38] {dino} vsm s aink 94.70
[09:38] {nemo} not 9:45 dino
[09:39] {dino} thx
06[09:39] * nemo smashes dino in the face with his own rules
[09:39] {dino} i know, i know
[09:40] {nemo} sit on your hands, palms up
01[09:40] {@Threei} Long Setup:  VXX  .60 break
[09:40] {dino} most likely i will pay for that
01[09:40] {@Threei}  If holds  .50
[09:40] {nemo} I'm your conscience..bwahahahahahahahahaha!!!!
[09:40] {nemo} now that's a scary frickin' thought
[09:41] {nemo} LVS looks short
01[09:41] {@Threei}  struggle
01[09:42] {@Threei}  let's tighten to .54
01[09:42] {@Threei}  opening plays should work faster
[09:42] {nemo} FED wednesday
[09:42] {nemo} op ex Wednesday
[09:42] {nemo} is Les here jinxing us?
[09:42] {dino} sncr blood
[09:43] {dino} fed today?
[09:43] {nemo} minutes
[09:43] {dino} ainc stopping out
06[09:44] * nemo gives dino a big I TOLD YOU SO!!!!
01[09:44] {@Threei}  1:1
06[09:44] * nemo slinks back to his cave
06[09:45] * dino slaps nemo around a bit with a large trout
06[09:45] * @Threei hands dino even larger trout
06[09:45] * nemo asks: speckled, brown, rainbow, lake, brook
06[09:45] * @Threei hands dino even larger trout with rebar inside
[09:45] {nemo} I grew up fly fishing for trout
[09:46] {RonS} crank the gulags:  "Outright bribery, theft, won’t go unnoticed,” Putin announced in corruption crackdown
06[09:46] * nemo thinks, "Must be a lake trout?"
01[09:46] {@Threei}  outright?
01[09:46] {@Threei}  other kinds are fine?
[09:46] {dino} putin, outright theft? what about crimea
01[09:47] {@Threei}  or his and his cohortes fortunes
[09:47] {nemo} old Chinese saying, "Steal a hook, hang as a crook.  Steal a kingdom, be made a duke."
[09:48] {RonS} kite flying
01[09:49] {@Threei}  soaring?
[09:49] {jfjf64} look fb chart
01[09:51] {@Threei}  untradable
01[09:51] {@Threei}  need it to calm down a bit
[09:53] {dino} vips hl l .95 stop .74
01[09:53] {@Threei}  1.4 more out
01[09:53] {@Threei}  1/4
01[09:54] {@Threei}  stop to .64
[09:54] {nemo} twtr
01[09:56] {@Threei}  1:2
01[09:56] {@Threei}  stop to .69
[09:57] {nemo} FB
01[09:58] {@Threei} Long Setup:  FB  .85 break
01[09:58] {@Threei}  If holds  .75
[09:58] {nemo} support @ .64 also
[09:58] {dino} baba gap filing 106.25
[09:58] {dino} filling too
[09:58] {jfjf64} one more drop
01[09:59] {@Threei}  no go
[10:01] {nemo} FB
[10:01] {nemo} .70 break likely
[10:01] {nemo} stop .60
[10:01] {nemo} touched support from the 13th
[10:01] {nemo} 12th
[10:02] {dino} ainc vsm s .60
[10:03] {dino} out vips .20, +.25
[10:04] {nemo} nothing green on algo
01[10:05] {@Threei}  1:3
01[10:05] {@Threei}  out
[10:06] {nemo} FB
01[10:10] {@Threei} Long Setup:  LVS  .85 break
01[10:11] {@Threei}  If holds  .80
01[10:11] {@Threei}  Invalidated
[10:11] {nemo} looking for .60 bounce myself
[10:14] {jfjf64} lets go fb
01[10:14] {@Threei} Long Setup:  FB  70 break
01[10:15] {@Threei}  If holds  .60
[10:18] {jfjf64} need Russian boots steel toe pls
[10:19] {Jenh} nice work with steel boots
01[10:21] {@Threei}  stop to .64
01[10:21] {@Threei}  1:1
01[10:21] {@Threei}  by the book from here
[10:21] {jfjf64} what book
01[10:21] {@Threei}  THE book
[10:25] {dino} wtf ainc off my screen
[10:31] {jfjf64} iwm
[10:40] {_chasj} jfjf64 you were right about IWM short
[10:41] {_chasj} jfjf64 you were right about  IWM short
[10:41] {jfjf64} yes
[10:42] {_chasj} you were right about IWF short
01[10:43] {@Threei}  ummm
01[10:43] {@Threei}  you think he didn;t get it first time? :)
[10:43] {jfjf64} ?
[10:43] {JoebiWan} chas shootin blanks
[10:44] {nemo} meds, dude
[10:44] {jfjf64} oh boy
01[10:44] {@Threei} Long Setup:  FB  .70 break
01[10:44] {@Threei}  If holds  .60
[10:44] {jfjf64} lets go vg
[10:44] {_chasj} won't print
[10:45] {jfjf64} get this party going
[10:45] {jfjf64} shot in hand
[10:45] {jfjf64} .71 cheers
[10:45] {nemo} good idea
[10:45] {jfjf64} hv to wait
[10:46] {jfjf64} what ya drinkin nemo
[10:46] {jfjf64} little early for ya
[10:46] {nemo} New Amsterdam Vodka
[10:46] {jfjf64} nevertried
[10:46] {nemo} IWM
[10:46] {jfjf64} like vol bar
[10:47] {jfjf64} red
[10:47] {jfjf64} gld getting beat down
[10:49] {nemo} grind up yesterday, drip down today
01[10:55] {@Threei}  1:1
01[10:55] {@Threei}  http://globalnews.ca/news/1680489/video-of-grizzly-bear-photographer-shows-playful-curious-bear/
[10:58] {_chasj} I would type it in and wuoldn't show
[10:59] {_chasj} Had to log out & back in
01[10:59] {@Threei}  you changed font color to white
01[10:59] {@Threei}  so you couldn't see it, but we could
[10:59] {_chasj} OH!
01[10:59] {@Threei}  3 times :)
[10:59] {_chasj} lol
[11:01] {_chasj} made 1st trade in room while i was incognito and it worked thanks....   getting confidence
01[11:02] {@Threei}  vool beans
01[11:02] {@Threei}  c
[11:02] {dino} gj
[11:02] {nemo} you drool beans?
[11:02] {Jenh} nice chasj!
[11:03] {_chasj} thanks all
[11:03] {RonS} hey dino...
[11:03] {dino} yeah?
[11:04] {RonS} mnk...watching for 83.50 and europe close at bottom of hour...
[11:04] {dino} on screen
[11:06] {RonS} omg, mexicans taking old roof off neighbor's house...like waiting on train wreck...
[11:06] {JoebiWan} it is... never seen the wreck though
[11:06] {jfjf64} vg iwm here ?
[11:07] {RonS} how any of these guys are still alive is beyond me...
[11:07] {nemo} this looks bottomish
01[11:07] {@Threei}  can't tell
[11:07] {nemo} spy finnies Qs look long, IWM needs viagra
01[11:08] {@Threei}  Jen, look pm please
[11:08] {jfjf64} oh boy
[11:08] {Jenh} pm?
01[11:08] {@Threei}  provate message
01[11:08] {@Threei}  private
[11:09] {nemo} or dcc
[11:09] {jfjf64} careful jen
[11:09] {jfjf64} lol
[11:09] {nemo} it's vad, it's o.k.  if it were me....
[11:09] {jfjf64} I make my self laugh
[11:09] {dino} mnk sm l .23
[11:09] {jfjf64} that's true nemo
[11:09] {nemo} you're the only one
[11:10] {jfjf64} lol
[11:10] {JoebiWan} gld tightening
01[11:10] {@Threei}  lol
[11:10] {jfjf64} hey ya back that was quick
[11:10] {JoebiWan} oh god
[11:11] {nemo} padawan, it's the FORCE!!!!
[11:11] {jfjf64} god not permitted in room
[11:11] {nemo} he's a jr.  jedi
[11:11] {JoebiWan} why are other imaginary things?
[11:11] {JoebiWan} like unicorns?
[11:11] {nemo} huh?
[11:12] {nemo} wtf?
[11:12] {jfjf64} lol
[11:12] {jfjf64} wtf
01[11:12] {@Threei}  unicorns are allowed only when wrapped in bacon
[11:12] {dino} mmmm bacon
[11:12] {nemo} bacon wrapped in bacon
[11:13] {jfjf64} was thinkin samedino
[11:13] {dino} mnk stop .91
[11:13] {dino} not my week guys
01[11:13] {@Threei} Long Setup:  DAL  44 break
01[11:13] {@Threei}  If holds  .90
[11:14] {jfjf64} all good dino
[11:14] {jfjf64} ya human
[11:14] {jfjf64} beer some bacon
[11:14] {jfjf64} get em tommorrow
[11:14] {dino} thx
[11:15] {jfjf64} this mkt sucks
[11:15] {nemo} some days you get the bear....
[11:15] {nemo} VWAP run
[11:15] {nemo} LVS
[11:16] {jfjf64} what mks ya think that nemo
[11:17] {nemo} because SPY is almost there
[11:17] {nemo} just the look
[11:17] {nemo} finnies almost there
[11:17] {jfjf64} k
[11:17] {jfjf64} just question
[11:17] {nemo} just answer
[11:17] {jfjf64} like ta pick ya brain
[11:17] {nemo} I don't expect it to go much above until the minutes
[11:18] {nemo} that's a real short job there jf
[11:18] {jfjf64} naa
[11:19] {jfjf64} lvs gets to vwap send ya bottle new amstedame vodka
[11:19] {nemo} jf, see if you can find "Hangar 1" and try that...awesome
[11:20] {jfjf64} will look for it
[11:20] {jfjf64}  wher is that made
[11:21] {RonS} vat?
[11:22] {RonS} Hanger 10 from Hawaii?
[11:24] {RonS} http://en.wikipedia.org/wiki/Hangar_One_(Mountain_View,_California)
[11:24] {RonS} goog just leased it...lol
[11:27] {RonS} NASA & GSA select Planetary Ventures (a subsidiary of Google) to manage Hangar One and Moffett airfield,[17][18][19] and Google pays $1.16 billion over 60 years for the lease
[11:29] {RonS} the Navy sub finders used to fly out of there...out in the a.m., in at night...for decades
01[11:29] {@Threei}  Invalidated
[11:34] {jfjf64} going to lunch see ya later boys/gals
[11:38] {RonS} sheesh wmt
[11:38] {_chasj} VAL working after all
01[11:41] {@Threei}  yeah
01[11:41] {@Threei} Long Setup:  GB  .90 break
01[11:41] {@Threei}  If holds  .80
[11:41] {RonS} gb?
01[11:41] {@Threei}  FB
[11:41] {Jenh} gb?
01[11:41] {@Threei}  sorry
01[11:41] {@Threei}  still there though
01[11:42] {@Threei}  broke
[11:42] {dino} gild hl l .00
01[11:43] {@Threei}  1:1
01[11:45] {@Threei}  1:2
01[11:45] {@Threei}  jf be crying
01[11:46] {@Threei}  and nemo be like bwahahaha
[11:46] {dino} out gild .30, +.30
01[11:46] {@Threei}  wtg
[11:46] {dino} ty
[11:52] {RonS} agio wow
01[12:14] {@Threei}  Equity indices and the 10-year have both been seeing losses this morning ahead of the release of the October FOMC meeting minutes. The 10-year UST yield is up 3.5 bps to 2.35%. Bets are off as traders wait for clarity on the changes made to the Fed's statement last month.
01[12:14] {@Threei}  Data continues to show that the US housing market is looking pretty healthy. The October housing starts and building permit totals climbed to a six-year high. Single-family home starts last month hit the best pace in nearly a year at 696K
01[12:14] {@Threei}  This afternoon the Fed will release its minutes from the October meeting, during which the FOMC's policy statement underwent notable changes. Observers will be looking for color on the debates that shaped the changes, including the retention of the infamous "considerable time" clause and the replacement of "significant underutilization of labor resources" with a line saying that labor market slack was "gradually diminishing."
01[12:15] {@Threei}  Gold and EUR/CHF were whipped around ahead of polls on the Swiss gold referendum. Ahead of the release of the poll numbers at 11:00ET, spot gold dropped 1.5%, to $1,178 while EUR/CHF spiked up to 1.2026. The SRF/Ecopop poll showed 39% of respondents in favor of "Save Our Gold" referendum and 56% opposed, as support for the gold measures melts away.
01[12:15] {@Threei}  gosh... poor goldbugs won't survive this
01[12:15] {@Threei}  they put so much hope in this referendum
01[12:32] {@Threei}  The head of east Ukraine’s separatist People’s Republic of Luhansk (LNR) has challenged Ukrainian President Petro Poroshenko to a duel to bring a decisive end to the conflict between government loyal forces and pro-Russian rebels in Ukraine’s east.
01[12:32] {@Threei}  debil
[13:24] {JoebiWan} too bad DAL invalidated
[13:26] {JoebiWan} at 1:7 lol
01[13:29] {@Threei}  ah well
01[13:29] {@Threei}  sometimes you catch them, sometimes they get away
01[13:29] {@Threei}  and sometimes it rains
[13:50] {_chasj} slow pm
01[13:50] {@Threei}  well, Fed day
01[13:50] {@Threei}  everyine is hunkering down
01[13:51] {@Threei}  you read that article on boring trading, right?
[13:51] {_chasj} yes
01[13:52] {@Threei}  good... implement the concept and learn to enjoy the boredom :)
01[13:52] {@Threei}  profit is first... entertainment is second
[13:53] {JoebiWan} should pick up in a bit, no?
01[13:53] {@Threei}  after Fed minutes, yes
[13:53] {nemo} miss me
01[13:54] {@Threei}  yes but we are resolved to aim better next time
[13:56] {nemo} not bad
[13:57] {nemo} decided with all the excitement to take my father grocery shopping
[13:57] {nemo} it's kinda' like herding cats
01[13:59] {@Threei}  FB looks short
01[13:59] {@Threei}  undless minutes interfere
[13:59] {nemo} GMCR WLP
[13:59] {nemo} look short
01[13:59] {@Threei}  (US) MINUTES OF THE OCT 28-29TH FOMC MEETING: INFLATION WAS MODERATELY BELOW 2% LEVEL; DECIDED NOT TO COMMENT ON MARKET VOLATILITY; COULD BE SOON HELPFUL TO CLARIFY PACE OF INTEREST RATE HIKES
[14:02] {nemo} o.k. need the obligatory new ATH
01[14:04] {@Threei} Long Setup:  FB  .95 break
01[14:05] {@Threei}  If holds  .85
01[14:16] {@Threei}  ok FB, held like a champ, now go
01[14:16] {@Threei}  run
01[14:16] {@Threei}  fly
01[14:17] {@Threei}  and, I am not efraid to say so, iqksploude
[14:18] {JoebiWan} efraid.... fear of the internet?
01[14:19] {@Threei}  yes, electronic version
01[14:19] {@Threei}  ugh
[14:26] {nemo} Fed Wednesday in OP EX week
[14:31] {nemo} they might be looking to pin spy at 205
[14:35] {nemo} FB
[14:40] {_chasj} lost my internet server
[14:41] {RonS} CenturyLink?
[14:42] {_chasj} comcast
[14:43] {_chasj} glad i as was in a trade
[14:45] {_chasj} glad i was not in a trade, bad typing today
[14:58] {nemo} FB might be a short here below .60
01[15:01] {@Threei}  looks good
[15:02] {nemo} Democracy is a pathetic belief in the collective wisdom of individual ignorance. - H. L. Mencken
[15:03] {nemo} it had that drippy look
[15:07] {RonS} sounds like gruber studied Mencken...
01[15:07] {@Threei}  lol
[15:07] {nemo} it's simply statistics
[15:08] {nemo} bell curve says 84.1% of people are organically of average or less intelligence
01[15:09] {@Threei}  but 90% consider themthelves belonging to upper 10%
[15:09] {_chasj} gruber is the stupid one for divulging what he did
01[15:09] {@Threei}  idiots like him are always arrogant
[15:09] {nemo} in the day of the smartphone, and go pro, everything is recorded
01[15:10] {@Threei}  just ask Romney
[15:10] {nemo} might get a 73 test out of FB if the indexes cooperate
[15:10] {nemo} that was whom of which I was thinking
[15:11] {nemo} or of whom I was thinking
[15:11] {_chasj} Romney still has not admitted that is was wrong for Mass.
[15:11] {nemo} he's actually a very nice guy
[15:11] {nemo} a friend of mine was his Bishop
[15:12] {_chasj} I know i like him but he would have done better if he had admitted that it was bad
[15:13] {nemo} if what was bad?
[15:13] {nemo} looks like indexes might cooperate
01[15:13] {@Threei} Long Setup:  IWM  .20 break
01[15:14] {@Threei}  If holds  .10
[15:14] {nemo} I'll fade that, thank you
[15:14] {_chasj} the healthcare for Mass that was the forerunner to obama care, gruber was instrumental in that as well
[15:14] {nemo} two different programs
[15:14] {nemo} function differently
[15:16] {nemo} stop above .35 FB
[15:16] {nemo} S3 is 73
[15:16] {_chasj} maybe not that different but one of the reasons he was not elected was Romney care, again I like him & voted for him
[15:17] {nemo} I think the Carter video is what fucked him
[15:18] {_chasj} that & the last debate with BO
[15:18] {nemo} yeah, I didn't see that
[15:18] {nemo} Obama is a a great orator...and that's about it
[15:19] {nemo} o.k. indexes not cooperating
[15:19] {nemo} 3:20, starting the rally early
[15:19] {_chasj} not only as he attacked by BO but by the narrator as well
[15:19] {nemo} as most republican candidates are...look what happened in NH
01[15:20] {@Threei}  1:1
01[15:20] {@Threei}  1:2
[15:20] {_chasj} true
01[15:20] {@Threei}  15:14] {nemo} I'll fade that, thank you {--- no, thank you for that fade
[15:20] {jfjf64} was waitin for ya vg
[15:20] {jfjf64} thougt ya fell off chair again
01[15:21] {@Threei}  fell? I never bother to get up
[15:21] {jfjf64} go iwm
01[15:21] {@Threei}  I crawl to my computer, peek over the desk and slump back the floor
[15:22] {nemo} nah, it never dropped .15, which is what I was looking at as a trigger
[15:22] {jfjf64} .60 was trigger
[15:22] {jfjf64} ty
[15:22] {jfjf64} neeemoooooooooo
[15:22] {nemo} I'm just curious when they might throw a 3:30 drop at us instead of a rally...they're conditioning the rats
01[15:22] {@Threei}  I know but I can't help myslef
[15:22] {nemo} IWM jffffffffffffffffffffffffffffffff
[15:22] {nemo} FB was .60
[15:22] {nemo} pisdah
[15:23] {nemo} pizdah
[15:23] {jfjf64} 14:58 nemo
[15:23] {nemo} holy shit, market is red
[15:24] {jfjf64} fb short here
[15:24] {nemo} right
[15:24] {nemo} then I talked about fading Vad's IWM call, where he was calling the stop @.10
[15:24] {jfjf64} exactly
[15:25] {jfjf64} then I played vg call
[15:25] {jfjf64} ran from fb
[15:25] {nemo} both worked
[15:25] {jfjf64} yes
[15:25] {nemo} I need a shot
[15:25] {jfjf64} ty
[15:25] {nemo} let's see
[15:25] {jfjf64} mee to
[15:25] {nemo} vodka, or .40 cal
[15:25] {nemo} mmmmhhhhh
[15:25] {jfjf64} what was bottle ya told me to try
[15:26] {nemo} Hangar 1
[15:26] {nemo} almost a sweetness to it
[15:26] {nemo} $25 for 750 ml here
[15:26] {jfjf64} wiil see if my liquor store has tonight
[15:26] {nemo} New Amsterdam is 1.75 ml for 16.99 and remarkably smooth
[15:27] {jfjf64} I hv to ask the Russian what he thinks of hanger 1
[15:27] {jfjf64} you try vg
[15:27] {nemo} My russian loved it
[15:27] {jfjf64} lol
[15:27] {nemo} brought some to russia with him
[15:27] {nemo} I'm not kidding
[15:28] {jfjf64} really
[15:28] {nemo} Vad...tell him
[15:28] {jfjf64} he still on floor
[15:28] {jfjf64} don't mind him today
[15:28] {nemo} changing his Depends more than likely\
[15:28] {jfjf64} lol
[15:28] {nemo} yeah, I'm not kidding jf
[15:28] {nemo} I'll show u a video of him
[15:29] {jfjf64} depends or hanger 1
[15:29] {nemo} my Russian friend
[15:29] {jfjf64} fb
[15:29] {jfjf64} should of held piece
[15:30] {nemo} dcc jf
[15:30] {jfjf64} 73.58
[15:30] {nemo} yeah, too tight a stop should have kept it above that .45 swing hihg
[15:30] {nemo} high
01[15:31] {@Threei}  haven't seen it in our stores
[15:32] {nemo} FB looks long here
[15:36] {RonS} have Gallo wine?
[15:36] {nemo} Ernest and Julio
01[15:38] {@Threei} Long Setup:  FB  .25 break
01[15:38] {@Threei}  If holds  .15
[15:41] {nemo} son now IWM lets go
01[15:42] {@Threei}  valid still
[15:43] {nemo} SPY holding vwap
[15:43] {nemo} c'mon they can't let the market close red...wtf
01[15:43] {@Threei}  change to .15 break
01[15:44] {@Threei}  If holds  .10
[15:47] {nemo} how many liters of vodka a day is too much?
[15:47] {dino} out gnw calls from last week +.20/13%
[15:48] {nemo} what's the closest etf to crude...uso?
01[15:48] {@Threei}  yeah
[15:48] {dino} yes
[15:48] {RonS} ya, but it's screwed up...
[15:49] {RonS} uses a mix of futures...
[15:49] {nemo} yeah, but gives a general picture, looks like it'll tes the lows
01[15:49] {@Threei}  and lose it
[15:49] {dino} could try "pil"
[15:49] {dino} oil
[15:50] {nemo} looks the same
01[15:51] {@Threei}  1:1
[15:51] {dino} try dig
[15:51] {nemo} for what?
[15:51] {nemo} Vad...what's 1:1
[15:51] {nemo} ahhh, I see
01[15:51] {@Threei}  15:43] {@Threei} change to .15 break
01[15:51] {@Threei}  fb
01[15:52] {@Threei}  nice finishing touch
[15:52] {dino} oil
[15:53] {JoebiWan} yeah. pretty decent day here
[15:53] {dino} gj guys
[15:54] {jfjf64} gn all
[15:54] {jfjf64} ty vg
01[15:54] {@Threei}  1:2
[15:54] {jfjf64} nemo off to liquor store
01[15:54] {@Threei}  you too jf
[15:55] {JoebiWan} thx vad cya all
01[15:55] {@Threei}  jw :)
01[15:55] {@Threei}  ok guys, thank you all
01[15:55] {@Threei}  have a great evening, see you tomorrow
[15:56] {_chasj} great ending
01[15:56] {@Threei}  I would say, happy ending
01[15:56] {@Threei}  but I won't
[15:56] {dino} lol
[16:00] {dino} gmcr blood


Tuesday, November 18, 2014

Nov 18 2014

Positive day although still a bit boring and slowish. 



Session Time: Tue Nov 18 00:00:00 2014
[09:00] {dino} gm
[09:00] {JoebiWan} mornin
01[09:01] {@Threei}  dino, jw :)
[09:02] {_chasj} gm, I am new, ? if setup triggers resistance at $10 is broken. Does that mean that you get in at exactly @ $10.01 or wait for a close at 10.01 or above?
01[09:02] {@Threei}  hi chas
[09:03] {_chasj} Hi
01[09:03] {@Threei}  as soon as offer at 10 is broken, and perints go above it, we enter
01[09:03] {@Threei}  prints
01[09:03] {@Threei}  no waiting for close, too much can happen withn one min
01[09:03] {@Threei}  you are likely to miss the trade
[09:04] {_chasj} Thank You
01[09:04] {@Threei}  np
01[09:04] {@Threei}  make sure you read http://www.realitytrader.com/tradingroom/#instructions
[09:05] {_chasj} I have will read again
[09:07] {dino} welcome -chasj
[09:07] {_chasj} thanks dino
[09:10] {Jenh} gm
01[09:10] {@Threei}  jen :)
[09:12] {_chasj} another ? do you get in with market price or stop market?
01[09:14] {@Threei}  neither
01[09:14] {@Threei}  limit order, couple cents away from current price
01[09:15] {@Threei}  in your exa,ple, as soon as 10 is broken, limit order at 10.02 is sent,
01[09:15] {@Threei}  it will get you shares at 10.01 and maybe 10.02, but not higher
[09:15] {_chasj} thanks 3i
01[09:15] {@Threei}  market order could get you in too high if stock spikes fast after the break
01[09:21] {@Threei}  Japan PM Abe formally delayed the 2nd phase of the planned sales tax hike and to dissolve Parliament on Friday, Nov 21st to prepare for snap elections
01[09:27] {@Threei}  Upside:
01[09:27] {@Threei}  -ONVO +12% (announced commercial release of the exVive3D human liver tissue)
01[09:27] {@Threei}  -TERP +18%
01[09:27] {@Threei}  -SUNE +11% (deal to with TERP acquire First Wind for $2.4B)
01[09:27] {@Threei}  -JASO +9% (earnings)
01[09:27] {@Threei}  -ZTS +2% (analyst day today)
[09:27] {jfjf64} morning all
01[09:27] {@Threei}  Downside:
01[09:27] {@Threei}  -NBS -22% (announced initial data from Phase 2 PreSERVE AMI clinical trial)
01[09:27] {@Threei}  -OME -21% (earnings)
01[09:27] {@Threei}  -CYTR -13% (announced partial clinical hold affecting Aldoxorubicin)
01[09:27] {@Threei}  -FOLD -6% (offering $75M in shares)
01[09:27] {@Threei}  -CORR -6% (offering 13M shares)
01[09:27] {@Threei}  -URBN -4.5% (earnings)
01[09:28] {@Threei}  jf :)
01[09:28] {@Threei}  RIO, VALE BHP are down on iron ore prices
01[09:35] {@Threei} Long Setup:  MCD  .60 break
01[09:35] {@Threei}  If holds  .50 
[09:37] {nemo} S&P going for ATH
01[09:37] {@Threei} Short Setup: FB  .40 break
01[09:37] {@Threei}  If holds  .50 
01[09:37] {@Threei}  fast...
01[09:37] {@Threei}  1:1  
[09:37] {jfjf64} go away
01[09:39] {@Threei}  MCD, change to .45 break
01[09:40] {@Threei}  If holds  .40 
01[09:40] {@Threei}  sheesh
[09:41] {JoebiWan} teleport
01[09:41] {@Threei}  yes
[09:41] {jfjf64} you say sheees I say shit
[09:41] {nemo} like you have a mouthful
[09:42] {JoebiWan} did you enter on pullback? or no, because hit 1:1 so fast
[09:42] {nemo} he usually doesn't enter on pullback if already hit 1:1
[09:42] {JoebiWan} ty
01[09:43] {@Threei}  right
01[09:43] {@Threei} Long Setup:  FB  .45 break
01[09:44] {@Threei}  If holds  .35 
[09:44] {jfjf64} patience
01[09:44] {@Threei}  valid
01[09:45] {@Threei}  lol
[09:45] {JoebiWan} that was awesome
01[09:45] {@Threei}  wasn't it
[09:45] {jfjf64} wtf
[09:45] {JoebiWan} somehow i got in
01[09:45] {@Threei}  get out
[09:45] {nemo} don't you mean, "shit" jf?
[09:45] {JoebiWan} i did lol
01[09:45] {@Threei}  hehe
01[09:45] {@Threei}  wtg
01[09:46] {@Threei}  what price you got?
[09:46] {JoebiWan} .46
01[09:46] {@Threei}  and you are unhappy with logix, lol
[09:46] {Jenh} nice!
[09:46] {jfjf64} wow
[09:46] {Jenh} gj
[09:46] {JoebiWan} not unhappy, just miss DAS :)
[09:47] {nemo} Ram Das?
01[09:47] {@Threei}  yeah, my buddy tried that once... his wife somhow didn't buy "I am not unhappy with you, just miss my gf of 10 years ago"
[09:47] {JoebiWan} hahaha
[09:48] {nemo} probably had something to do with oral skills
[09:48] {nemo} oh yeah, just got out of a tree
01[09:49] {@Threei} Long Setup:  JPM.37  break
01[09:49] {@Threei} Long Setup:  JPM  .37 break
01[09:49] {@Threei}  If holds  .30 
01[09:55] {@Threei} Long Setup:  FB  .60 break
01[09:55] {@Threei}  If holds  .50 
[09:57] {jfjf64} vxx.15 break
[09:57] {jfjf64} like
01[09:58] {@Threei}  no go FB
01[09:59] {@Threei}  1:1  JPM 
01[10:00] {@Threei}  *(US) NOV NAHB HOUSING MARKET INDEX: 58 V 55E
01[10:03] {@Threei} Long Setup:  TWTR  .95 break
01[10:03] {@Threei}  If holds  .85 
[10:03] {nemo} twtr
[10:03] {nemo} sorry
01[10:06] {@Threei}  1:1  
01[10:11] {@Threei}  1:2  
01[10:11] {@Threei}  1:2  JPM  too
01[10:11] {@Threei}  life becomes brighter
[10:11] {JoebiWan} great start TY vad
06[10:11] * @Threei slaps jfjf64 around a bit with a with dose of patience
[10:11] {RonS} twtr +.23 here thanks 3i
01[10:11] {@Threei}  yw
[10:12] {jfjf64} patience my friend
[10:12] {JoebiWan} brb
[10:14] {nemo} remember the old saying "escalator up, elevator down"?
[10:14] {nemo} other way around now
[10:23] {dino} anet smr l .87 thinny
[10:25] {RonS} hal l .72 thicky
[10:25] {dino} lol
[10:28] {nemo} iwm bounce
01[10:28] {@Threei}  out JPM
01[10:28] {@Threei}  1:3 is close enough
01[10:39] {@Threei}  wow... it has more
01[10:39] {@Threei} Short Setup: FB  .35 break
01[10:39] {@Threei}  If holds  .45 
01[10:41] {@Threei}  Invalidated  
[10:46] {RonS} nemo to Chile?  Chilean thieves have a new way of stealing cash from ATMs: they blow them up
01[10:47] {@Threei}  how unsophisticated
[10:47] {nemo} LVS
[10:48] {jfjf64} cat
[10:48] {jfjf64} keeps getting hit
[10:48] {RonS} dks whacked
[10:49] {JoebiWan} omg lol
[10:49] {nemo} dicks is limping
[10:49] {RonS} sorry dks bris
[10:49] {jfjf64} ouch
[10:51] {dino} lol
01[10:53] {@Threei}  while market is unclear, let me distract you with this:
01[10:53] {@Threei}  https://www.facebook.com/VadymGraiferPhotography/photos/a.488848774527976.1073741828.483178015095052/747353012010883/?type=1&comment_id=747355965343921&reply_comment_id=747361202010064&offset=0&total_comments=8&notif_t=photo_comment
01[10:53] {@Threei}  acrually better link https://www.facebook.com/VadymGraiferPhotography/photos/a.488848774527976.1073741828.483178015095052/747353012010883/?type=1&theater
[10:55] {_chasj} great photos 3i
01[10:56] {@Threei}  ty
[10:56] {JoebiWan} very nice
01[10:59] {@Threei} Long Setup:  IWM  .50 break
01[10:59] {@Threei}  If holds  .40 
01[11:01] {@Threei}  half out
01[11:01] {@Threei}  .60 might be tough to break
01[11:01] {@Threei}  let's lighten the load
01[11:01] {@Threei}  stop to .45
[11:03] {dino} baba smr l .51
01[11:03] {@Threei}  meh
[11:03] {jfjf64} baba
[11:03] {nemo} I see that as a vwap short dino
[11:04] {dino} out baba .95, +.44
[11:04] {RonS} stunning volume
[11:04] {jfjf64} nice
[11:05] {RonS} that trade reminds me of cc9...
[11:05] {dino} ty
[11:06] {nemo} wonder if he's in prison yet
[11:06] {dino} that guy had cajones
[11:06] {dino} smr l .01 bava
[11:06] {dino} baba
[11:07] {RonS} gl, can't watch any more LII making me dizzy...
[11:09] {dino} baba stop .89 -.12
[11:09] {nemo} tight stop for you
[11:11] {dino} pulp
[11:12] {RonS} ya want pulp?...jdst
[11:12] {dino} ainc
[11:14] {dino} ainc vsm s .78
[11:14] {dino} .76
[11:15] {RonS} what the heck is it, vinfiz and stocktwits does not show...
[11:15] {dino} ashford inc, hotel i think
[11:15] {jfjf64} fb
[11:15] {jfjf64} lod
[11:16] {RonS} new issue with no volume...roach motel...
01[11:16] {@Threei}  it's a spinoff of AHT, Rpn
01[11:16] {@Threei}  ron
01[11:16] {@Threei}  gfresh, just several days ago
[11:17] {dino} may have made a mistake on it
01[11:17] {@Threei}  11 Nov 21:26 [AHT] Announces distribution ratio for spin-off of Ashford Inc - Announced that the distribution ratio for the spin-off of Ashford Inc. (NYSE MKT: AINC) common stock will be one share of Ashford Inc. common stock for every 87 shares of Ashford Trust common stock held by such stockholder on November 11, 2014 (the "Record Date").
[11:24] {nemo} JPM
[11:32] {nemo} sheesh look at some of the share sizes in SPY
[11:32] {nemo} 5, 6, 7 share lots
[11:32] {nemo} 66
[11:32] {nemo} 3
[11:32] {nemo} wtf
[11:33] {RonS} signaling...
[11:33] {nemo} or algo probing
[11:33] {RonS} don't algo probe me dude...
01[11:34] {@Threei}  lol
[11:37] {nemo} FB
01[11:49] {@Threei} Long Setup:  FB  .15 break
01[11:50] {@Threei}  If holds  .05 
01[11:53] {@Threei}  Invalidated  
01[11:53] {@Threei}  still on radar though
[11:53] {nemo} lunch time
[11:55] {dino} kof drop
[11:55] {jfjf64} lower to me fb
[11:55] {dino} sm l .55
[11:55] {jfjf64} and mkt
01[11:57] {@Threei} Long Setup:  TZA  .55 break
01[11:57] {@Threei}  If holds  .50 
01[11:58] {@Threei}  FB valid again
01[11:58] {@Threei}  same setip
01[11:58] {@Threei}  i=u
[12:00] {_chasj} what does  i=u mean?
[12:00] {jfjf64} hmm
01[12:00] {@Threei}  correcting mistype in word setup
[12:00] {nemo} he does it alot
[12:01] {_chasj} thanks
06[12:02] * @Threei slaps nemo around a bit with a code book that says "dude doth point out other dude's mistypes not"
[12:02] {_chasj} lol
01[12:03] {@Threei}  and... "alot?"
06[12:05] * @Threei kicks FB in the rear
[12:05] {nemo} sorry "dude"
[12:05] {nemo} he does it "often"
01[12:05] {@Threei}  call me simply Your Dudeness
[12:05] {nemo} sacrilege
01[12:05] {@Threei}  1:1  
06[12:07] * @Threei wears heavy duty military boots saved from Russian Army times and repeatedly kicks FB in the rear
[12:07] {nemo} expropriated
01[12:07] {@Threei}  why, they let you keep it after dismisssal
[12:08] {nemo} see what I mean chas
[12:08] {JoebiWan} snake!
[12:08] {nemo} ?
[12:08] {JoebiWan} sssss
[12:08] {nemo} listen padawan
[12:09] {JoebiWan} sup nemo
06[12:09] * @Threei grabs a bag of popcorn
[12:09] {_chasj} Fun trading room, just watching for first day but loving it!!!
[12:09] {nemo} oh, thought you were gonna' bust my balls
01[12:09] {@Threei}  hehe
[12:09] {nemo} was waitin'
[12:09] {dino} stop kof .25 -.30.
[12:09] {dino} not my day, taking hour break
01[12:10] {@Threei}  lunch time trading can be boring... gotta keep ourselves entertained
[12:10] {nemo} yeah, had a trap door stop this monring myself
01[12:10] {@Threei}  and good trading is always boring btw
[12:10] {nemo} Joebi, was that a Sig you got back?
[12:11] {JoebiWan} yeah Sig 1911 c3
01[12:11] {@Threei}  read this after we are done with FB:
01[12:11] {@Threei}  http://blog.realitytrader.com/2012/10/unbearable-boredom-of-trading.html
[12:11] {nemo} right
[12:11] {JoebiWan} wasn't damaged at all thankfully
[12:11] {nemo} we'll have to start calling you Kundera
[12:12] {nemo} that's a steel lower though if I remember correctly
[12:12] {nemo} not alloy like their P series
[12:13] {JoebiWan} you are correct
[12:13] {nemo} I take a field trip to their Exeter HQ every once in a while..they'll let you shoot what they got
[12:13] {JoebiWan} awesome
[12:14] {nemo} They had a world wide corporate reorg last year, doing business with them, especially in MA has gotten a bit squirrely
[12:14] {nemo} BHI
01[12:22] {@Threei}  LOL... jf can't stand it
01[12:25] {@Threei}  closed FB
01[12:25] {@Threei}  too bad, for a min looked like a good move was coming
[12:35] {nemo} mmmhhhh...maybe JF and Jen are dating
[12:36] {nemo} maybe not
[12:36] {Jenh} g2g 
[12:36] {Jenh} getting new computer 
01[12:36] {@Threei}  PC?
[12:36] {Jenh} bye everyone! good luck trading 
01[12:36] {@Threei}  take care jen
[12:36] {Jenh} yeah. 
[12:37] {Jenh} thanks for the advice nemo
[12:37] {Jenh} with the computer companies 
[12:37] {nemo} oh shit
[12:37] {Jenh} bye
[12:37] {RonS} lol
01[12:37] {@Threei}  Surprisingly big gains in the Eurozone and Germany ZEW business conditions survey provided a rare glimmer of hope for the European economy, driving equity gains and helping to stem the softness in the euro. In addition, Japan PM Abe has called new elections after the terrible GDP data.
[12:37] {nemo} reminds me of when I convinced a friend of mine to go through chemo
01[12:38] {@Threei}  WTI crude prices dipped back below $75 this morning. In the US, the EIA warned that shale oil production could flatten out if WTI crude prices fell to $60/bbl
01[12:38] {@Threei}  sheesh... poor oil exporters
[12:38] {nemo} duh...that's the whole point
01[12:38] {@Threei}  yup
[12:39] {nemo} whack solar shale and alternatives
01[12:40] {@Threei}  Saudis (and the rest of arab oil producers), Iran, Russia, Venezuela and in lesser degree Canada
[12:41] {_chasj} missed FB
01[12:41] {@Threei}  as far as Canada is concerned it won't be huge shock on the country scale, but Alberta will be devastated
01[12:45] {@Threei}  wow
01[12:45] {@Threei}  someone just bought this photo of mine for $100: http://www.arrestinglight.com/p887556776/h31208483#h31208483
01[12:46] {@Threei}  caviar on a cake of trading profits for the day :)
[12:46] {JoebiWan} gj 
[12:47] {JoebiWan} you sell photos often?
01[12:47] {@Threei}  regularly
01[12:47] {@Threei}  but online version rarely goes for this kind of price
[12:47] {nemo} how'd that happen?
[12:47] {nemo} acn
[12:47] {nemo} sorry
01[12:48] {@Threei}  http://www.arrestinglight.com/ is my photography site
[12:57] {JoebiWan} nice pics vad. How long have you been fotograefickin?
[12:58] {nemo} valiant effort
[12:58] {JoebiWan} lol
01[12:58] {@Threei}  lol
[12:58] {nemo} mixed foto and ficken....impressive
01[12:58] {@Threei}  on and off, since childhood
01[12:59] {@Threei}  my very first camera: http://ru.pc-history.com/wp-content/uploads/smena-6.jpg
[13:05] {_chasj} FB like a rocket
[13:06] {nemo} BHI 65
[13:08] {jfjf64} ya like short or long nemo
[13:08] {jfjf64} I hv no read
[13:08] {nemo} hard to tell, it's up on takeover offer
[13:11] {nemo} what a grind up
01[13:12] {@Threei}  (NL) ECB's Knot (Netherlands): Low inflation is a global problem as a result of oil prices; have seen no classic deflation in the EMU - comments in Parliament
01[13:12] {@Threei}  exactly right
01[13:12] {@Threei}  these idiots scared of deflstion ignore the nature of it
01[13:12] {@Threei}  not all deflation is the same
01[13:13] {@Threei}  deflation due to lack of buying power, unemployment etc is bad, no doubt,
01[13:13] {@Threei}  but deflation caused by abundance of certain goods, ort mature technology is fine
01[13:14] {@Threei}  to put it simple, deflation by lack of demand vs abundance of supply
01[13:14] {@Threei}  VCR used to cost $400-600 when first came ouyt
[13:14] {nemo} now you can't buy them
01[13:14] {@Threei}  now you wouldn';t be able to sell it for $20
01[13:15] {@Threei}  and during whole technlogy cycle its price was sliding unstoppably
01[13:15] {@Threei}  how is it bad
01[13:15] {@Threei}  but idiots politicians make no such fine distinctions
01[13:15] {@Threei}  they are told deflation is bad, period
01[13:20] {@Threei} Long Setup:  IWM  .70 break
01[13:20] {@Threei}  If holds  .60 
01[13:21] {@Threei}  with trail to .64 after .75 break
01[13:21] {@Threei}  trrrail
[13:32] {dino} most deflation is in things you want, unflation in things you need, except fpr recent oil drop
[13:32] {dino} inflation not unflatiomn
01[13:33] {@Threei}  save is not much better dino
[13:33] {dino} no, typing too fast
01[13:34] {@Threei}  but it's OK, usually takes me three attempts until I get it right
01[13:34] {@Threei}  jeez IWM
[13:34] {nemo} put the vodka down first, Vad
01[13:34] {@Threei}  come on already
01[13:34] {@Threei}  now why would I do that??
01[13:34] {@Threei}  to look at this world with sober eyes?
01[13:34] {@Threei}  this is masochism
[13:35] {nemo} yes, being in this room is
01[13:35] {@Threei}  this is so untrue
01[13:35] {@Threei}  you yourself don't believe that
[13:36] {nemo} of course it is, masochists enjoy pain, that's why we're here
[13:36] {jfjf64} lol
[13:36] {nemo} now ur a frickin' mindreader!?
[13:36] {jfjf64} you2 r nuts
[13:36] {nemo} since when did you become a wife?
06[13:36] * @Threei slaps nemo around a bit with a with 2x4 endowed with rusty nails pointy ends out, demanding the truth, only truth and nothing but truth
[13:36] {nemo} why don't you go shopping for unicorns
01[13:37] {@Threei}  I bought all I needed yesterday
01[13:37] {@Threei}  out IWM
01[13:37] {@Threei}  and intend to make a shishkebab out of them today
01[13:38] {@Threei}  unicorn shiskebab: http://www.realitytrader.com/vad/Shishkebab11.jpg
[13:39] {JoebiWan} mmmmmm
[13:39] {JoebiWan} no bacon wrapped unicorn?
01[13:40] {@Threei}  nah, I prefer jam and flies on separate plates
[13:48] {dino} dead afternoon
[13:51] {nemo} like lVS long here 3i
[13:51] {nemo} little late
01[13:53] {@Threei}  ?
01[13:53] {@Threei}  UVS?
01[13:53] {@Threei}  I
01[13:53] {@Threei}  Mauna Kea on the Big Island dipped to 31F today
01[13:54] {@Threei}  sheesh... no place to hide
[13:54] {nemo} yeah, was looking at it @.55
01[13:54] {@Threei}  IVS??
[13:54] {RonS} what elevation?
[13:54] {nemo} LVS
[13:54] {dino} 15 degrees f here at 6:00 am, only 30 now
01[13:54] {@Threei}  4,205 m
01[13:54] {@Threei}  13,800 ft
[13:56] {RonS} well shit in CO it can be that temp at that altitude in Aug when denver is a 100...besides they have a volcanic flow for warmth...  :)
01[13:56] {@Threei}  yeah, heating by lava
[13:57] {RonS} ...the natural way... round up the greenies
01[13:57] {@Threei}  there is whole town over there warming up this way over last few months :)
01[13:57] {@Threei}  Pahoa
01[13:57] {@Threei}  https://www.youtube.com/watch?v=X8pxv_KaAAQ
[13:59] {_chasj} I'm in denver area 39f right now. but once skied in Vail @ 50 below wind chill
[14:00] {nemo} why?
[14:00] {_chasj} not for long!
[14:00] {jfjf64} why 2x
01[14:00] {@Threei} Long Setup:  CAT  .20 break
01[14:00] {@Threei}  If holds  .10 
[14:01] {RonS} got a friend in Denver named chas j...hmmm
[14:01] {nemo} how much u have to pay him?
01[14:02] {@Threei}  it's really incredible to see these footage from Big Island... those are my fsvorite places, absolutely awesome
[14:03] {_chasj} maybe we know each other
[14:03] {jfjf64} hmmmmmmm
01[14:03] {@Threei}  1:1  
[14:04] {jfjf64} lets get 1:4 vg
01[14:04] {@Threei}  I don't mind
01[14:04] {@Threei}  but you know cats... difficult to herd them
[14:05] {jfjf64} got to talk nice to emm
01[14:06] {@Threei}  cats or stocks?
01[14:06] {@Threei}  cats yes
01[14:06] {@Threei}  stocks, only violence
01[14:06] {@Threei}  1:2  
01[14:06] {@Threei}  heavy duty steel toe army boots
[14:07] {jfjf64} agree
01[14:33] {@Threei} Long Setup:  FB  .45 break
01[14:33] {@Threei}  If holds  .37 
01[14:37] {@Threei}  1:1  
[14:39] {nemo} sheesh
01[14:50] {@Threei}  VXX... on pullback to .95 should be a long
[14:51] {_chasj} door bell just rang, UPS, received The Master Profit Plan
01[14:51] {@Threei}  I know author...
[14:52] {_chasj} lol
01[14:52] {@Threei}  :)
[14:52] {dino} enjoy
01[14:53] {@Threei}  hope today has paid for it :)
01[14:53] {@Threei} Long Setup:  VXX  28 break
01[14:53] {@Threei}  If holds  .90 
01[14:53] {@Threei}  with trail to .94 after .05 break
[14:54] {_chasj} Just watching today
01[14:54] {@Threei}  nemo, not a word
[14:56] {_chasj} its ok got thick skin
[14:56] {_mindview} :)
01[14:56] {@Threei}  with nemo around, you better!
[14:56] {_chasj} ha ha
01[15:05] {@Threei}  ugh... guys, I have to apologize again, gotta leave earlier today. Last time, I am sure
01[15:05] {@Threei}  you know how to manage the eid
01[15:05] {@Threei}  should end with closing rally
01[15:05] {@Threei}  have a good evening, see you tomorrow
[15:57] {_chasj} bye all