Wednesday, January 29, 2014

Jan 29 2014

Very strong day with many plays working like charm for nice large moves. FB, C, GLD, CAT performed admirably, both before and after FOMC.



Session Time: Wed Jan 29 00:00:00 2014
[08:09] {nemo} wow, can't short spy today or sso...short list getting, how can I say this.......short
[08:11] {Joebi_Wan} go lond sds?
[08:11] {Joebi_Wan} long
[08:11] {nemo} I understand, it's the range
[08:12] {nemo} I think there might be a problem with the shortable list at the moment.  Many stocks that were shortable yesterday, aren't today
[08:14] {nemo} think about not being able to short the SPY
[08:14] {nemo} although, I've noticed the other indexes getting harder to short
[08:28] {nemo} everything o.k. with the short list CC_7?
[08:47] {nemo} wow is the vix going
01[09:09] {@Threei}  yawn
01[09:09] {@Threei}  why are we dropping like there is gravity?
[09:09] {nemo} Plunge Promotion Team
01[09:10] {@Threei}  ah
01[09:10] {@Threei}  did they win fistfight with plunge protection one?
[09:10] {nemo} evil twin
[09:12] {thomcbell} fb might be long squeeze here at the open
[09:12] {thomcbell} 54.85 short setup as of now
[09:12] {dino} gm
01[09:12] {@Threei}  dino :)
01[09:12] {@Threei}  or .90 long, tbell
[09:15] {thomcbell} yes it will have multiple trades today with earnings out tonight
[09:25] {dino} .
01[09:27] {@Threei}  FB at the open will be too volatile most likely, going to let it calm down a little
[09:29] {dino} cvlt?
01[09:30] {@Threei}  earnings... conf call going
[09:30] {thomcbell} 1:7 vad
01[09:30] {@Threei}  CVLT Weakness attributed to conf call comments about margin concerns
[09:30] {Les} DIAA sm long .52
[09:31] {Les}  holding .40
01[09:32] {@Threei} Long Setup:  JPM  55 break
01[09:32] {@Threei}  If holds  .90
[09:33] {Les} 1:1 DIA
[09:33] {dino} cvlt sm l .95
01[09:34] {@Threei}  Invalidated
01[09:34] {@Threei}  valid again
[09:36] {Les} DIA 1:2 without me stop flat 2nd half
01[09:37] {@Threei} Long Setup:  FCX  .60 break
01[09:37] {@Threei}  If holds  .55
[09:37] {nemo} fb dieng
[09:37] {nemo} dieing
[09:38] {nemo} can't short fb or twtr
[09:38] {nemo} wow
[09:38] {nemo}  lotsa no shorts today
[09:39] {dino} 66.30 wall cvlt
[09:39] {dino} bam
01[09:39] {@Threei}  1:1
[09:39] {thomcbell} wow not borrowable? fb and twtr?
[09:40] {nemo} yeah, lots not borrowable today
[09:40] {nemo} no spy sso vxx
[09:40] {Les} nice flush from DIA on the retest of mondays low
[09:41] {nemo} if it's not a technical difficulty, that means not much around for cheap...SPY was tough to borrow last week
[09:42] {thomcbell} fb 53.81 long break
01[09:43] {@Threei}  1:2
[09:43] {thomcbell} fb 1:1
[09:44] {Les} ty tbell
01[09:45] {@Threei}  last 1/4 stop .75
01[09:45] {@Threei}  missed .89 exit
01[09:46] {@Threei}  nice FB
[09:46] {Les} fb dirty rinser only made scalp
[09:46] {thomcbell} dow looking for a long break here
[09:47] {thomcbell} fb 1:3
[09:47] {thomcbell} for a second
[09:50] {Joebi_Wan} gld short?
01[09:52] {@Threei}  122 break, if holds .10
01[09:52] {@Threei}  out last 1/4 FCX on a trail
[09:54] {thomcbell} fb 1:4
01[09:54] {@Threei}  GLD 1:1
01[09:54] {@Threei}  good spot joebi
01[09:54] {@Threei}  power is with you
[09:54] {Joebi_Wan} thanks
[09:54] {Joebi_Wan} lol
[09:54] {dino} c sm l .80
[09:55] {Joebi_Wan} the force, vad
01[09:55] {@Threei}  yes, sorry
01[09:55] {@Threei}  1:2
[09:55] {Les} missed it long DIA from .70 but also lost sound out of headphones for vad's callsneed to fix it
01[09:56] {@Threei}  sometimes movies that I first saw in russian I tend to translate back to english instead of remembering exact word used in original :)
01[09:58] {@Threei} Long Setup:  CAT  .55 break hl
[09:58] {Les} volatility's a bitch indexes shaking every effort
01[09:58] {@Threei}  If holds  .45
[10:02] {thomcbell} stop on fb to 53.99
01[10:02] {@Threei}  trail CAT to .49
01[10:02] {@Threei}  1:1
[10:03] {thomcbell} out fb
01[10:04] {@Threei}  1:2
01[10:05] {@Threei}  1:3
01[10:05] {@Threei}  out
[10:05] {Joebi_Wan} nice CAT
[10:05] {Les} holding CAT last piece ty
01[10:05] {@Threei}  most cats are
01[10:05] {@Threei}  yw
[10:06] {Les} out CAT .94 ty
[10:09] {nemo} wow Fed dead already
01[10:09] {@Threei}  :)
[10:09] {Les} ? Nemo
[10:10] {nemo} Fed day Les
[10:10] {Les} real fed or just notes release?
[10:10] {nemo} former
01[10:11] {@Threei}  real
[10:20] {Les} DIA back to support with bullish divergences 3 min. Not taking more risk here
[10:23] {dino} .
01[10:25] {@Threei} Long Setup:  GLD  .10 break
01[10:26] {@Threei}  If holds  122
01[10:27] {@Threei}  look who swam in
[10:28] {fish_49} lol  I see a bull trap and wanted to share it with the room
01[10:28] {@Threei}  hey fish
[10:28] {fish_49} Hello Vad
[10:28] {fish_49} I have a Buill trap and wanted to warn everyone
01[10:28] {@Threei}  FOMC day...
01[10:29] {@Threei}  anything's possible
[10:29] {fish_49} http://s1332.photobucket.com/user/bkhmd/media/bulltrap3_zps584785f5.jpg.html
[10:29] {fish_49} here is the bull trap  don't fall for it
01[10:29] {@Threei}  do they continue taper or do they put it on pause
01[10:29] {@Threei}  lol
[10:29] {Les} ouch fish
[10:29] {fish_49} cc you have email sir
[10:30] {dino} they should just shut up and do
[10:30] {fish_49} I agree Dino
01[10:30] {@Threei}  BBRY Ticking higher on chatter of an activist investor building a stake
[10:31] {Les} wasn't the Defence Dept. supposed to be saving BBRY last week?
[10:31] {dino} they denied order
[10:31] {thomcbell} twtr tempted to short this pullback up to resistance here
[10:32] {fish_49} as far as security goes, they have a superior product  and it runs on itself not on top of another platform.
[10:32] {fish_49} If they could just make it prettier  people would buy their products
[10:32] {fish_49} lol
[10:33] {Les} guessing support is still at zero then for BBRY
[10:33] {dino} 66.75 wall cvlt
[10:34] {thomcbell} rally i meant on twtr
[10:34] {dino} better worlds les, imo
01[10:35] {@Threei} Long Setup:  FB  .70 break
[10:35] {RonS} refiners going crazy over oil report and big earnings beats...
[10:36] {dino} natty gas up big too, boil/kold
01[10:36] {@Threei}  no go GLD
01[10:36] {@Threei}  1:1  FB
[10:37] {thomcbell} dow 44.90 short break
[10:40] {dino} db sm l .75
01[10:41] {@Threei}  1:2
[10:42] {thomcbell} beautiful Vad
[10:42] {Joebi_Wan} ty vad
01[10:42] {@Threei}  :)
01[10:42] {@Threei}  1:4
[10:43] {RonS} out cvlt 67.50 from 4.50  +3.00
[10:43] {Joebi_Wan} wow, nice
[10:44] {munky} munky faints
[10:44] {munky} falls out tree
[10:44] {Joebi_Wan} lol
[10:44] {munky} lands on stockpile of bananas
01[10:44] {@Threei}  lol
01[10:44] {@Threei}  wtg ron
[10:47] {Les} ty tbell
[10:47] {thomcbell} dow 1:1
[10:50] {Joebi_Wan} FCX L .80 Break?
[10:51] {Joebi_Wan} missed
[10:51] {thomcbell} trail stop to 44.81 on dow
[10:52] {thomcbell} and there it is
[10:53] {dino} out cvlt 68.10, +3.15
[10:54] {RonS} gj
[10:54] {dino} thx
01[10:54] {@Threei}  too bad FCX broke with not much chance to enter
01[10:54] {@Threei}  good setup
01[10:54] {@Threei}  wtg dino
[10:55] {dino} ty
[10:55] {thomcbell} vad that was serious sniper action on fb
[10:55] {thomcbell} 1:7
[10:56] {munky} reminicent of stalingrad
[10:56] {thomcbell} i got 54.34 on my last 1/3 there Vad
[10:56] {thomcbell} thanks vm
[10:56] {dino} out c .10, +.30
01[10:56] {@Threei}  :)
[10:56] {thomcbell} watching kors here for long setup
[10:57] {thomcbell} needs some sideways between 79.80 and 80
[10:57] {RonS} ya, in kors here at .90
[10:59] {thomcbell} kors 80.01 long break if holding 79.91 hl
[10:59] {thomcbell} nope
[10:59] {thomcbell} still going to watch this one
[11:00] {nemo} getting in to Fed jerk around time
[11:04] {fish_49} My humble opinion is fed says no hike in rate.  Fed says  no decrease in spending yet.  Keep plugging away business as usual...Continue to monitor inflation rate
[11:05] {RonS} ...and that once Ben leaves Yellen will get a shave...
[11:06] {dino} i think they cut another 10b off this month, rates stay same, watching global issues
[11:06] {fish_49} Mr.  I mean Miss Yellen  don't want to make too much wave in her first month
01[11:06] {@Threei}  no hike is a given...
[11:06] {fish_49} I'm good with that Dino  I hope that is the case.  More cuts  should send message that economy is ready to stand on own
[11:06] {dino} don't bet on it, she's big time dove, may stop the 10b cuts
01[11:07] {@Threei}  it's taper more or pause that is in question
01[11:07] {@Threei}  she is so dove, actual doves consider her a whimp
[11:07] {dino} taper happened again under ben, next month yelping yellen does nothing
01[11:07] {@Threei}  and feel like bald eagles next to her
[11:08] {fish_49} we were at 85B  and last meeting we went  to 75B  right?  and your thinking  she may say go back up to 85B ?
01[11:08] {@Threei}  I doubt it fish
[11:08] {dino} janet "jackson" yellen "nasty if you please"
01[11:08] {@Threei}  she may stay at 75 though
[11:08] {dino} no fish, stay at whatever we are at today
01[11:08] {@Threei}  going back to 85 would be seen as extraordinary measure
01[11:09] {@Threei}  and can be counterpoductive as it might start panic
[11:09] {fish_49} yea  that is my take  stay or even another 10b cut in spending  but  last weeks drop was more than Fed fear  I'm thinking
[11:09] {dino} out db .05, +.30
[11:10] {fish_49} gj dino
[11:11] {dino} ty
[11:12] {nemo} dino, ilmn
01[11:12] {@Threei} Short Setup: FCX  .90 break
01[11:13] {@Threei}  If holds  33
[11:14] {munky} fb looks short
[11:20] {fish_49} did FCX print .89?
[11:20] {dino} dk nemo, still messing around w/last half cvlt
[11:21] {dino} stop to .80
[11:25] {dino} out remaining cvlt .95, +4.00
[11:26] {RonS} 3i, X play?
01[11:27] {@Threei}  .05 break?
01[11:27] {@Threei}  worth trying
01[11:27] {@Threei}  market in slow ckimb mode
01[11:27] {@Threei}  climb too
[11:28] {dino} hmmm, no comments huh?
[11:29] {nemo} Bow to Zod?
01[11:29] {@Threei}  lol
[11:29] {dino} :)
[11:29] {dino} lucky morning
[11:29] {RonS} fer chrissakes dino sometimes we are busy...
[11:29] {nemo} dino cleaned up on a trade...what's new?
[11:29] {dino} did my week in a day
[11:31] {fish_49} WOW  Dino  Awesome trade
[11:32] {nemo} yeah WOW we should erect a statue to him
[11:32] {nemo} declare a national holiday
[11:32] {nemo} suggest him for sainthood
[11:32] {munky} how many shares may i ask?
[11:32] {fish_49} as long as he shares his earnings  I vote for all of the above  Toad
[11:32] {dino} ok, i get it. i'll go to monastary
[11:33] {Les} short fcx
[11:33] {dino} 600 in all cvlt. 400 on c and db
[11:33] {Les} .98 holding the high
[11:33] {fish_49} I'm sending a help desk tiket  to DAS help  on the montage  I will post it here  in a pic  maybe it's  just an issue with demo not live platform.  Look at it  when slow time
[11:34] {munky} wow 600 on that one, nice
[11:34] {dino} thx
[11:34] {RonS} watch cuda for some volume...this could pop and run today...
[11:35] {dino} ok barra
[11:35] {fish_49} http://s1332.photobucket.com/user/bkhmd/media/montagepriceentry_zps6336fc02.jpg.html
[11:38] {dino} scanners slowing down
[11:39] {Les} FCX 1:1
[11:40] {fish_49} what price did u get Les?
[11:40] {Les} retook it after stopping out vad's setup
[11:40] {munky} .
[11:40] {Les} didn't make it over .05
[11:41] {fish_49} ok I took it short on the break of 33
[11:41] {fish_49} in demo  trying to make sure  auto stop works
[11:42] {Les} ok yeh short .98
[11:42] {Les} .98125
[11:45] {RonS} out kors +.08 acting heavy, flat for fed...
01[11:47] {@Threei} Long Setup:  FB  .50 break hl
01[11:47] {@Threei}  If holds  .40
[11:54] {nemo} grind up shorts out of the way before fed
01[11:57] {@Threei}  1:1
[11:57] {fish_49} good call Vad
[11:58] {munky} ur nailing fb vad
01[11:58] {@Threei}  shhh... my wife might see this
[11:58] {Joebi_Wan} thats a lot of people..
[11:58] {Les} out .73 ty sir
[11:58] {munky} out .77 ty
01[11:59] {@Threei}  yw
[11:59] {Les} pissed at myself for missing the early short
[11:59] {Les} shot at fb
[12:00] {Joebi_Wan} out FB, thanks vad
01[12:00] {@Threei}  1:2
01[12:00] {@Threei}  :)
[12:00] {Les} fcx back to 33
[12:00] {Les} last q stopped
[12:00] {Les} broker's winning here. break till post-Fed
01[12:01] {@Threei}  1:3
01[12:01] {@Threei}  out
[12:01] {munky} out fb .94 last 300
[12:02] {fish_49} Awesome show on FB
[12:07] {munky} fb prolly good short somewhere along the way
[12:07] {nemo} yeah, except can't short it
[12:08] {munky} i just did by accident
[12:08] {munky} to see'
01[12:08] {@Threei}  shows shortable here
[12:08] {munky} sh .80
[12:08] {nemo} whoa, can short it here, just not showing up on montage
[12:09] {RonS} cuda l .05 ave
[12:09] {munky} u owe me a banana nemo
[12:09] {nemo} hah, reloaded software, there it is
[12:11] {fish_49} munky,,your thinking perhaps it will not fill gap today?
[12:11] {Les} VAAAAAAAAAAAAAAAAAAAAAAD
[12:11] {munky} dunno
[12:11] {Les} fish used the 't' word
[12:12] {fish_49} I didn't say I was T'ing  lol
01[12:12] {@Threei}  tsk tsk tsk
[12:12] {Les} this room hiding a bunch of Bolsheviks
[12:12] {Les} where's ese when ya need someone to slap
01[12:12] {@Threei}  just wait till ese's back
[12:13] {RonS} out cuda .85 ave +.80 ese size
[12:13] {fish_49} whats that word kanucks  or something like that?  While on Vacation, I had a guy ask me if I was a Kanuck  or whatever Canadians call each other
[12:13] {munky} i may owe u a banana nemo
01[12:14] {@Threei}  canuck
[12:14] {nemo} JD Honey please
01[12:14] {@Threei}  nice FB
[12:14] {Les} FCX lower high
01[12:14] {@Threei}  wtg ron
[12:15] {RonS} ty
[12:16] {dino} gj
[12:17] {Les} DOW
[12:17] {thomcbell} what happened FB
[12:17] {thomcbell} someone shorted up there
[12:18] {munky} i did by accident off .80
[12:18] {Les} "there are no accidents"
[12:18] {nemo} Folks, if you are on DAS and something doesn't seem kosher, like today the "S" for shortable wasn't displaying for many stocks, and sometimes my gainer/loser grids don't completely populate, either reload  the .dsk file, a different one, or shutdown and restart the software completely
[12:19] {nemo} except when it came to your birth Les, exception that proves the rule
[12:19] {munky} cant make me lol
[12:19] {dino} seems fine here nemo
[12:19] {Joebi_Wan} brutal.
[12:19] {Les} lol
[12:19] {Les} think DAS dislikes u
[12:19] {nemo} just info in the event something doesn't seem kosher
[12:19] {Les} fine here
[12:19] {Les} or u been drinking again
[12:19] {nemo} never stopped
[12:20] {fish_49} Les?
06[12:20] * Les slaps fish_49 around a bit with a large trout
[12:20] {Les} oops thats no kosher
[12:20] {fish_49} your gonna let Nemo get away with that birth insult?
[12:21] {Les} god yeh
[12:21] {Les} sometimes he's actually funny
[12:21] {fish_49} Ohhh My  Les  you slap me  when nemo insults u?  I see how u are
[12:21] {Les} who said nemo insulted me?
[12:21] {fish_49} Changing my trade plan  to read  "Insult Les on Daily Basis"
[12:22] {Les} you must be mistaking me for ese
[12:22] {nemo} Stockholm syndrome Fish
[12:23] {fish_49} yea  you have him in your hands  now
[12:23] {dino} hmmm ung up 27% in two weeks
[12:23] {fish_49} go in for the kill
[12:23] {munky} die fb die
[12:24] {fish_49} it should pause or bounce a bit at .47
[12:24] {munky} lower like ,42
[12:26] {Les} FCX consolidating around this resistance. post fed should be intersting
[12:28] {dino} surprised fcx up w/chaos in world
[12:28] {nemo} look at daily, technical bounce
[12:29] {nemo} the low is the quarterly vwap
[12:29] {nemo} oops
[12:29] {nemo} I liked but still technical, it's trying to stay above the 200
[12:31] {Les} yeh let's see which way the market swings post Femme Fed flash
[12:31] {munky} fb should tank
[12:31] {munky} theres .44
[12:31] {nemo} sending me the JD?
[12:31] {fish_49} yep  my .47 was wrong
[12:32] {munky} dont monkey with the munky
06[12:32] * nemo takes out the 12 ga.
[12:33] {munky} thinkin .20's
[12:33] {fish_49} .24   lol
[12:35] {munky} printed .28\
[12:37] {thomcbell} dow not really pulling back during market pullback -
[12:37] {thomcbell} long estup dow 44.69 long break
[12:39] {thomcbell} if holds 44.60
[12:42] {thomcbell} emphatically invalidated Dow
01[12:43] {@Threei}  emphatically
01[12:43] {@Threei}  lol
[12:44] {dino} taking a break, back for fed at 2
[12:48] {thomcbell} fb vwap is what dino?
01[12:50] {@Threei}  54.73
[12:50] {munky} ok, covered sh here .25
[12:50] {munky} from accidental .80
01[12:51] {@Threei}  lol
01[12:51] {@Threei}  some accident
[12:51] {thomcbell} is that right?
[12:51] {thomcbell} that cant be right
01[12:51] {@Threei}  that's what my das shows
[12:51] {thomcbell} thats what mine does as well
01[12:51] {@Threei}  beyond that, ask nemo
01[12:52] {@Threei}  resident vwao guru
01[12:52] {@Threei}  vwap
[12:52] {munky} anyone figure out sound alerts for das? only want it for order fills
[12:53] {munky} fb a slauter
[12:54] {thomcbell} dow hehe
[12:59] {RonS} cuda making me feel like Yogi here...Yogi Barra
01[13:05] {@Threei}  somewhat contrived
01[13:06] {@Threei}  but it'll do, I was starting to worry you get rusty
[13:07] {RonS} ya, should have reversed it...and said feel like Barra here...Yogi
[13:08] {RonS} tear jerker:  http://tinyurl.com/l63aatt
[13:08] {fish_49} Could be Yogi the bear  Hey BooBoo  wheres the picknic basket
[13:09] {RonS} 55 and sunny here today, then back to cold and snow for at least 10 days...
[13:10] {fish_49} where Ron?
[13:10] {RonS} Denver
[13:10] {fish_49} ohhhh
01[13:12] {@Threei}  sheesh... I never liked Bud, now I hate it
[13:12] {RonS} lol...hilarious
[13:13] {fish_49} come on Vad  admit it.  That was a good Video
01[13:13] {@Threei}  what's next ad for gun full of roses opening in slo mo?
[13:13] {fish_49} I don't like Bud either but the video was cool  lol  My wife told me to say that
01[13:14] {@Threei}  ok, I got really lucky with my wife... she wanted to puke too
[13:14] {fish_49} lol  ur bad
01[13:15] {@Threei}  rose petal on the canon's barrel... there, great idea for an ad for, I dunno... women's hygiene products?
[13:16] {munky} ok, whats scoop on fed day, knee jerk reaction then a reversal reaction? sereiously
[13:16] {fish_49} If Will was here  we could say Depends
01[13:17] {@Threei}  two-three sharp jumps in opposite directions... then picking up direction and crawling
01[13:17] {@Threei}  lol fish
[13:17] {munky} thats what i'm asking
[13:17] {munky} ty
[13:17] {munky} hey fish
[13:17] {fish_49} yes sir?
01[13:17] {@Threei}  Will infuriatingly can't decide to stay in Maui for another month or return
06[13:17] * munky slaps fish_49 around a bit with a large trout
[13:18] {fish_49} Thanks Munky  I love you too.  Almost as much as I love Nemo
[13:18] {munky} nemo seems like trouble lol
[13:19] {fish_49} I have been emailing back and forth with DAS support  or maybe Nanko support  about  montage
[13:19] {fish_49} there are times when the price in the price field has to be entered manually
[13:19] {fish_49} they tell me its just the way it is
[13:19] {fish_49} lol
[13:19] {munky} dammit, fb
[13:19] {munky}  i knew it
[13:20] {Joebi_Wan} you accidentally covered too early
[13:20] {munky} roflollllll
[13:21] {munky} anyone take dino's picks regularly?
[13:22] {fish_49} I have not
01[13:22] {@Threei}  munky} nemo seems like trouble lol
01[13:22] {@Threei}  {Trouble} excuse me... leave me out of this, I want no association
[13:22] {Joebi_Wan} lol
[13:22] {munky} lol
[13:23] {nemo} mmmhhhh?
[13:23] {nemo} Hey fish, see that new bullet by that mfg. down in Georgia?
01[13:23] {@Threei}  {Trouble} oops... {baccking away slowly}
[13:23] {fish_49} no
[13:24] {nemo} buddy of mine was out at the SHOT show told me about it
[13:24] {fish_49} penetrate vest?
[13:24] {nemo} I haven't either but supposedly alot of buzz about being quite the manstopper..won't penetrate Level IIIs
[13:25] {fish_49} anything that strong would at least knock you back a step or two
[13:25] {nemo} gotta' lean into it a bit
[13:26] {nemo} http://goo.gl/ehKfo2
[13:26] {fish_49} this slap thing  I never did figure it out
[13:26] {fish_49} how do I use it
[13:27] {thomcbell} oh dow
01[13:27] {@Threei}  you have mirc or mibbit?
[13:27] {fish_49} Nemo is that real?
[13:27] {Joebi_Wan} that bullet insane
[13:27] {fish_49} mibbit
01[13:27] {@Threei}  ah... no slap then
[13:27] {nemo} I remember the stink over the Black Talon
[13:28] {Les} DOW VWAP resistance is here at 45
[13:28] {nemo} which is what the FBI uses as there standard carry ammo
[13:28] {fish_49} oh  so I have to simulate slap?
[13:28] {fish_49} Fish_49 slaps Three1 with some Bokeh
06[13:28] * nemo Slaps Fish with a picture of his in-laws
01[13:30] {@Threei}  (US) Senate Majority Leader Reid (D-NV): Senate to consider minimum wage legislation in March, would be best not to push forward with fast track authorization for the trade protection authority (TPA) at the moment
[13:31] {Les} sm DOW short .89
[13:31] {Les} holding the round number
[13:32] {thomcbell} big bounce
[13:32] {thomcbell} im looking for another long entry
[13:32] {Les} yeh might be doing same trick as before
01[13:33] {@Threei}  (US) Preview: FOMC rate decision and policy statement due 14:00ET- The Fed is expected to continue to taper QE at today's policy meeting, the last of Bernanke's tenure. Another $10B reduction is on tap, split evenly between Treasuries and MBS, taking the QE program down to $65B. By not setting a fixed schedule for tapering, the committee has indicated that it still has flexibility to vary the pull back of the QE program, but members have made it clear that it would take some significantly bad news to pause or reverse the process.
01[13:34] {@Threei}  - Note that the new voting membership rotates in for today's FOMC meeting. The new slate has a more hawkish tilt, including Dallas Fed President Fisher and Philadelphia Fed President Plosser. Rotating out of the voting membership are some of last year's biggest doves, including St. Louis Fed President Bullard, and Boston's Rosengren, who dissented against the start of tapering at the last meeting
[13:39] {munky} how do i customize the slap?
[13:40] {fish_49} Like this
[13:40] {munky} fish, is there a live chat for das?
[13:41] {fish_49} yea  let me find it  but good luck
[13:41] {munky} is it live? slow?
[13:42] {fish_49} http://dastrader.com/support.html
[13:42] {fish_49} look down and see Live Chat Support
[13:42] {fish_49} yes Live
[13:42] {Les} dow .85 supporting dam lot of selling not moving
[13:42] {Les} out
[13:43] {munky} ok, thank u, i dont see why nemo and vad talk so bad about u lol
[13:43] {Les} SPY ready to let go
[13:43] {nemo} badly
[13:43] {fish_49} you will in time  Munkey
[13:43] {dino} .
[13:43] {munky} lose the "e" he he
[13:43] {fish_49} munky*
01[13:44] {@Threei}  Munkehy - canadian munky
[13:44] {munky} vad,how i customixze the slap?
01[13:44] {@Threei}  just use /me command
01[13:44] {@Threei}  easiest way
06[13:45] * Les slaps Vad for giving up state secrets
01[13:45] {@Threei}  other than that, you need a file with new script, lod it in mirc...
01[13:45] {@Threei}  load
01[13:45] {@Threei}  hassle
[13:46] {fish_49} Fish_49 slaps Munky with a big Manual Focus Ring
06[13:46] * @Threei slaps Les around a bit with a folder titled "Highest level of security - Must be eaten before reading"
[13:46] {munky} how'd u do that? /me command?
[13:46] {Les} you be slapping me with bacon... ?
[13:47] {Les} like that
01[13:47] {@Threei}  yes
[13:47] {munky} wheres /me
[13:47] {fish_49} munky  did you get thru  to the support folks?
06[13:47] * Les withdraws banana from munky's cage for failing test
[13:47] {fish_49} is your question related to sound?
[13:47] {munky} yes
[13:48] {Les} it's the alternative character on the number 7 key
[13:48] {fish_49} in that link I gve you scroll down and you will see manuals
[13:48] {fish_49} you might find it there?
[13:48] {fish_49} a bunch of PDF files
[13:48] {munky} i did, set it up, no worky
[13:48] {fish_49} ok  turn on speakers
[13:49] {fish_49} lol
[13:49] {munky} also, my globaldefault is not transferring to other montages
[13:49] {fish_49} if that don't fix the issue  then check the air in the tires
[13:49] {fish_49} I'm practicing to be Online Support for DAS
[13:54] {munky} ok, i can see that chats gonna be a joke
[13:56] {fish_49} you mean the online support?
[13:56] {fish_49} actually give it a chance
[13:57] {fish_49} the support part is not bad but they are limited to functionality of the application  and I found that some of their support folks are clueless  and it is batter to send email with attached pictures
[13:58] {fish_49} better*
[14:00] {fish_49} long cat .03
01[14:00] {@Threei}  *(US) FOMC HOLDS FED FUNDS RATE TARGET AT 0.25%: REDUCES BOND PURCHASES BY ADDITIONAL $10B (FURTHER TAPER) TO $65B (AS EXPECTED)
01[14:00] {@Threei}  Vote: 10-0 (prior was 9-1 with Rosengren as a dovish dissenter. Rosengren is no longer a voter)
[14:01] {fish_49} out cat -.10  lol
01[14:01] {@Threei}  right on FOMC... don't
[14:01] {fish_49} the auto stop loss worked
01[14:01] {@Threei}  wait a few first spikes out
[14:02] {munky} exi created the global
[14:02] {munky} oops
[14:03] {munky} i go to tmp on xtra montages, set up, check use global, but it does not
[14:03] {munky} crap
[14:04] {Les} lucky I wasn't in anything
[14:05] {RonS} gold drop
01[14:06] {@Threei}  lycky?
01[14:06] {@Threei}  it should be a deliberate decision to be flat at FOMC time
01[14:06] {@Threei}  watching GLD to short on bounce
[14:06] {fish_49} unless your testing order entry  lol
[14:07] {Les} FCX db long .60?
01[14:07] {@Threei}  if holds .55
01[14:07] {@Threei}  wth such stop, why not
[14:09] {Les} small gld short .
[14:09] {dino} c smr l .26
[14:09] {Les} cover half
[14:10] {Les} 2nd half stop
01[14:10] {@Threei} Short Setup: GLD  .85 break
01[14:10] {@Threei}  hl
01[14:11] {@Threei}  Invalidated
[14:12] {dino} typically 15 minutes after announcement we get counter-mover
01[14:12] {@Threei} Short Setup: GLD  122 break
01[14:12] {@Threei}  If holds  .10
01[14:12] {@Threei}  risk is still high, half lot plays
01[14:13] {@Threei}  1:1
[14:15] {fish_49} Im out in full I grabbed it short at .07
[14:16] {Les} yeh a scalp here take it while its good
[14:16] {Les} ty sir
01[14:16] {@Threei}  yw
[14:17] {Les} bouncing around meaner than nemo's bunny on raisin sugar high
[14:17] {dino} db smr l .54
[14:18] {dino} strange, no counter bounce yet
[14:19] {Les} hmmm DB db?
[14:19] {fish_49} your expecting bounce up?
[14:20] {dino} down up down
[14:20] {dino} tomorrow a reverse of todays close
[14:20] {fish_49} the news was nothing more nothing less than what was expected.  I wonder what folks were expecting?
[14:20] {Joebi_Wan} the unexpected
[14:21] {thomcbell} based on how market traded in futures this am maybe if it wasnt a fed day it would have been a trend down day
[14:21] {dino} the force is w/you joebi
[14:21] {Joebi_Wan} :)
01[14:22] {@Threei}  a lot of analysts (those that post articles for a living) insisted that energing markets turmoil had to make fed back off
[14:22] {dino} kold crushed
[14:22] {Joebi_Wan} whoa
[14:22] {dino} how they back off when already cut back before the issues arose?
[14:23] {Les} yeh ain't Argentina in a bind...
[14:23] {dino} they/fed are reporting the past
01[14:23] {@Threei}  back off as in put taper on pause
[14:24] {dino} maybe they will in coming month, but they reported what they did last month
[14:24] {dino} last month all was well in world
01[14:24] {@Threei}  why last month?
01[14:25] {@Threei}  they cut further 10B
01[14:25] {@Threei}  to 65 a month
[14:25] {dino} they just said they cut 10b off
01[14:25] {@Threei}  yes, it's a second cut
[14:25] {fish_49} I guess I just don't get it.  We knew what was coming nothing shocking  so under normal circumstances we should rally
[14:25] {dino} missing my point, the past has happened, they can change mind going forward
[14:25] {dino} think of it this way...yesterday is dead
01[14:26] {@Threei}  ok... you are missing kine, those analysts posted prediction before today's announcement :)
01[14:26] {@Threei}  mine
[14:26] {dino} thats why they are called anal-ysts
01[14:26] {@Threei}  I am talking about expoectations before fomc
[14:26] {fish_49} lol
[14:26] {Joebi_Wan} lol
01[14:26] {@Threei}  and yes, they are clueless
01[14:26] {@Threei}  well, most of them
01[14:26] {@Threei}  like 99,5%
[14:27] {dino} bouncing +70
[14:27] {Les} DIA db looks great in the rear view mirror
[14:28] {dino} ung rocking
[14:29] {Joebi_Wan} you short kold dino?
[14:29] {dino} no, chicken on it, was thinking long, maybe in day or so
[14:30] {dino} altho it is pretty cold here
[14:31] {dino} out c .41, +.16
[14:34] {dino} cut too soon
01[14:36] {@Threei}  maybe not... wacthing for possible pullback entry
[14:36] {fish_49} on C?
01[14:36] {@Threei}  yes
[14:37] {Les} IN!!!!!
[14:37] {fish_49} huh?
[14:37] {dino} well we had about a 90 pt bounce
[14:38] {dino} out db .58, +.04, stuck
[14:38] {dino} maybe here comes the next down wave
[14:38] {dino} we had the down -220 the up -120, now....
[14:39] {Les} cha cha cha
[14:39] {dino} lol
[14:39] {fish_49} lol
[14:39] {Les} c
[14:41] {fish_49} how deep of a pull back would be appropriate on C  if pulled back to .20  on low VOL  is that what you would look for Vad?
01[14:43] {@Threei}  I'd get interested under .30
[14:43] {munky} r we in anything? was with tech
[14:44] {fish_49} ty
01[14:44] {@Threei}  no, flat
01[14:44] {@Threei}  got any answers about sound?
[14:45] {munky} not avail, but i got my 4 montage windows in sync, another issue i was having
[14:51] {dino} strange, usually more playable moves after announcement
01[14:52] {@Threei}  yeah, quite subdued
[14:52] {nemo} tells you how baked in the announcement was methinks
[14:53] {fish_49} baked in is correct  However, a lot of money on the sidelines and I would have expected that money to come back into the markets since we have confirmation nothing drastic will change
[14:53] {nemo} we're at vwap of spy finnies and vix
[14:53] {nemo} market probably waiting for reaction around the world before it comes in...watch advfn.com/world  overnight
01[14:54] {@Threei}  well, if that's the case and this 10B cut is built-in, we are about to resume rally
[14:54] {fish_49} I know I'm not supposed to think  but that's what me thinks  Vad
[14:54] {fish_49} we should be in rally mode
[14:54] {fish_49} uinless something else is broken that I don't know about
[14:54] {Les} why?
[14:54] {nemo} you should go unicorn shopping
[14:55] {dino} its all broken fish...but so what
01[14:55] {@Threei}  really
[14:55] {fish_49} It's all part of the learning process on my journey to be like Nemo
01[14:55] {@Threei}  lol
[14:55] {dino} lol
[14:55] {Les} db's around these levels on the daily lets see if it holds into close/tomorrow
[14:56] {nemo} insane?
[14:56] {nemo} psychopathic?
[14:56] {Les} hehehe
[14:56] {fish_49} Gay
[14:56] {nemo} not a term usually used in reference to me
[14:56] {Les} yeh watch him laugh as he breaks yer neck
[14:56] {nemo} beastial, perhaps
01[14:56] {@Threei}  rabbit's ears perk up
[14:57] {fish_49} lol  sorry nemo that was rude
[14:57] {fish_49} lol
01[14:57] {@Threei}  fish...
[14:57] {fish_49} yes sir?
01[14:57] {@Threei}  you were rude to nemo - and you apologize??
01[14:57] {@Threei}  you made his day!
[14:57] {fish_49} yea because I noticed it actually hurt his feelings
01[14:57] {@Threei}  you want to hurt him be extremely polite
[14:58] {nemo} I would have to first have feelings
01[14:58] {@Threei}  offer him sympathy
[14:58] {fish_49} that's why I tell him I love him  lol
01[14:58] {@Threei}  wish him good morning or whatever rtime of the day
01[14:58] {@Threei}  that makes him cringe
01[14:58] {@Threei}  wilt
[14:58] {fish_49} Muahh  Nemo  Hows your day sir?
[14:58] {fish_49} lol
[14:58] {fish_49} lol
[14:59] {nemo} bow to Zod
[14:59] {fish_49} Honestly is my way of thinking wrong?  we should be in Rally Mode,...  Nothing changed to bring the markets down the way they have fell in past weeks
01[15:00] {@Threei} Long Setup:  C  .20 break
[15:00] {nemo} market has been falling, right?
[15:00] {fish_49} C in pull back mode
[15:00] {fish_49} ur fast Vad
[15:00] {fish_49} good Eye
01[15:00] {@Threei}  all three of them
01[15:01] {@Threei}  If holds  .15
[15:03] {nemo} ahhh, today is T3
01[15:05] {@Threei}  meh
[15:05] {Les} lock em in day heh
[15:08] {dino} well heres the drop
[15:09] {Les} is it safe to get onto the dance floor...
[15:09] {dino} fish, it could be emerging markets issues, lots of currency problems lately
[15:09] {fish_49} yes Dino  I'm reading about that now
[15:10] {dino} turkey just went tp 13% rates, argentina socializing/blowwing up, venezuela too
[15:10] {nemo} [14:54] {nemo} market probably waiting for reaction around the world before it comes in...watch advfn.com/world  overnight
[15:11] {Les} {nemo} [14:54] {nemo} market probably waiting for reaction around the world before it comes in...watch advfn.com/world  overnight
[15:11] {dino} then again, it could be nothing, markets just f'ing w/us
[15:11] {Les} 'cause Nemo likes the sound of his own advice
[15:12] {dino} what i'm thinking, is calling it a day. why mess it up
[15:12] {Les} I like that
[15:12] {Les} the drugs don't work, so I need to sleep anyway
[15:12] {Les} a+
[15:13] {nemo} big earnings day tomorrow also
[15:14] {nemo} jobless claims
[15:14] {nemo} December home sales
[15:14] {dino} going for lod
[15:16] {dino} dji -5% from jan highs
[15:17] {dino} -4% s/p
[15:31] {dino} thx all, dino afk, gn
[15:31] {fish_49} gn dino
[15:32] {nemo} gotta' go P&Q
[15:32] {dino} :)
[15:32] {nemo} fish...why don't you go swim through a dam
[15:32] {fish_49} whats P&Q
[15:32] {nemo} Peace & Quiet
[15:32] {nemo} the older I get the more of it I want
[15:32] {fish_49} Bite my Tail Nemo Toad
[15:40] {fish_49} C giving us a low risk scalp set up long  Break .98 with stop .87
[15:42] {munky} missed good bounce fb off lows
[15:43] {fish_49} Out C  + 0.09
[15:45] {munky} nice one
01[15:45] {@Threei}  :)
01[15:45] {@Threei}  double bottom
01[15:45] {@Threei}  good one
[15:46] {fish_49} ty
[15:46] {munky} vad, ur not supposed to miss a bounce in fb like this
01[15:47] {@Threei}  right, start pressuring me into calling the trades
[15:47] {fish_49} hey see you guys tomorrow  thanks for the great trades
01[15:47] {@Threei}  take care fish
01[15:51] {@Threei}  thank you all, have a good evening
01[15:51] {@Threei}  see you tomorrow
[15:51] {Joebi_Wan} thanks vad
[15:52] {Joebi_Wan} see you
[15:52] {munky} ty