Monday, February 3, 2014

Feb 03 2014

Very active day with a lot of trades and nice profits. Stops were there but wins overwhelmed them in both numbers and size. FB behaved, so did GLD, and C, and a lot more.

Session Time: Mon Feb 03 00:00:00 2014
[08:21] {fish_49} testing Mirc
06[08:22] * fish_49 slaps Threei around a bit with a large trout
01[08:47] {@Threei}  I'd say it's working
[08:48] {nemo} ?
[08:48] {fish_49} yes it's working
01[08:48] {@Threei}  08:21] {fish_49} testing Mirc
01[08:48] {@Threei}  [08:22] * fish_49 slaps Threei around a bit with a large trout
[08:48] {nemo} ahhh
06[08:49] * nemo stabs fish_49 with angelfish spines
[08:50] {fish_49} now I just need to make sure it makes sound when Vad types and changes any typing from nemo to polite true words like Fish Rules  or Fish is Best
[08:50] {fish_49} lol
[08:51] {nemo} stop using a mirror for a monitor
01[09:10] {@Threei}  Greece register growth for first time in 52 months
01[09:10] {@Threei}  eeck
[09:11] {Les} let me guess, new accountant doing the stats
01[09:11] {@Threei}  that was my first guess
01[09:11] {@Threei}  and second
[09:12] {Les} you can fool the people some of the time
01[09:12] {@Threei}  next paragraph:
01[09:12] {@Threei}  German Fin Min Schaeuble reiterates view that more aid for Greece is possible
01[09:12] {@Threei}  heh
[09:12] {Les} ah some clarity
[09:13] {Les} like Stalinist soap opera
[09:15] {fish_49} if they are showing growth  then why would they need more Aid
01[09:17] {@Threei}  well... after all, it was an accountant with strong creative side who coined a phrase "negative growth"
01[09:17] {@Threei}  maybe that's it
[09:20] {Les} lot of negativity in this room
01[09:22] {@Threei}  kidding? we are nothing if not a rose petal on the gentle wave lapping at the shore of serenity... especially nemo
[09:22] {Les} I think the following Colonel sums up Schaeuble nicely:
[09:22] {Les}
[09:23] {Les} Inside every Greek there is a German trying to get out
[09:24] {Les} the same folly befalls us once again
[09:30] {munky} morning
01[09:30] {@Threei}  munky :)
[09:30] {RonS} gm
01[09:30] {@Threei}  ron :)
01[09:31] {@Threei} Long Setup:  GLD  .55 break
01[09:31] {@Threei}  If holds  .45
01[09:32] {@Threei}  no go
01[09:34] {@Threei} Long Setup:  FB  63 break hl
01[09:34] {@Threei}  If holds  .90
01[09:35] {@Threei}  1:1
01[09:35] {@Threei}  1:2
[09:35] {fish_49} missed it
01[09:36] {@Threei}  got .03
01[09:36] {@Threei}  hl...
01[09:36] {@Threei}  1:3
[09:37] {munky} out .37 ty
[09:37] {munky} got63
01[09:37] {@Threei}  wtg
[09:37] {munky} fast bugger
01[09:37] {@Threei} Short Setup: C  .75 break
[09:38] {fish_49} wow  fast fingers
01[09:38] {@Threei}  If holds  .85
[09:38] {thomcbell} surprised this akam is working this well off barrons
[09:38] {nemo} 10 oclock numbers
01[09:40] {@Threei}  1:1
01[09:41] {@Threei}  1:2
[09:42] {Les} vxx spiking into 50 resistance again
[09:43] {RonS} GM Jan US vehicle sales down 12% versus Street estimate of 2.5% drop $GM
[09:44] {fish_49} C Stop to .66?
01[09:44] {@Threei}  sure
01[09:44] {@Threei}  stanrdard operational procedure
[09:46] {fish_49} out in full here  Thanks Vad
01[09:46] {@Threei}  )
01[09:46] {@Threei}  :)
[09:47] {munky} gm smacked
01[09:48] {@Threei}  1:3
01[09:48] {@Threei}  out
[09:48] {munky} spy smacked
[09:49] {Les} IWM bottom of range here
[09:50] {Les} small scalp taken
[09:50] {Les} looking for retest
01[09:55] {@Threei} Short Setup: FB  .55 break hl
01[09:55] {@Threei}  If holds  .65
01[09:56] {@Threei}  1:1
[09:56] {fish_49} mised it
[09:56] {fish_49} missed it
01[09:56] {@Threei}  hmmm
01[09:56] {@Threei}  this time it gave enough time
[09:56] {fish_49} yea
[09:57] {fish_49} fat fingers
[09:57] {munky} whats at 10 am, numbers?
[09:57] {nemo}
01[09:58] {@Threei}  S) Preview: Jan ISM Manufacturing expected at 10:00 ET (15:00 GMT)**Consensus expectations: - ISM Manufacturing: 56.0e v 57.0 prior - Prices Paid: 54.0e v 53.5 prior
[09:58] {nemo} home page
[09:58] {munky} nice bounce gm
[09:58] {munky} ty
01[09:58] {@Threei}  (US) Preview: Dec Construction Spending due out at 10:00ET (15:00 GMT)- Consensus expectations MoM: 0.0%e v 1.0% prior
[09:58] {Les} for december? weren't the US under snow in dec?
[09:59] {Les} frik me not even a retest yet. 1:6 IWM ugh
01[09:59] {@Threei}  US is large...
[10:00] {Les} here we go
01[10:00] {@Threei}  Nissan Motor Co Ltd Reports US Jan sales +11.8% y/y to 90.5K units v 88Ke
01[10:00] {@Threei}  *(US) JAN ISM MANUFACTURING: 51.3 V 56.0E; PRICES PAID: 60.5 V 54.0E
01[10:00] {@Threei}  yuck
01[10:01] {@Threei}  *(US) DEC CONSTRUCTION SPENDING M/M: 0.1% V 0.0%E
01[10:01] {@Threei}  Sub Indices: - New Orders Index: 51.2 v 64.2 prior (lowest since May) - Production index: 54.8 v 62.2 prior - Employment Index: 52.3 v 56.9 prior (lowest since June) - Inventories index: 44 v 47.0 prior - Spread (new orders to inventories): 7.2 v 17.2 prior - ISM's Holcomb: "The past relationship between the PMIand the overall economy indicates that the PMI for January (51.3 percent) corresponds to a 2.7 percent increase in real gross domestic product (GDP) on an annualized basis."
01[10:03] {@Threei} Long Setup:  GM  .35 break
01[10:03] {@Threei}  ugh
01[10:03] {@Threei}  too fast
01[10:03] {@Threei}  ok, in
01[10:03] {@Threei}  If holds  .25
01[10:04] {@Threei}  1:1
01[10:04] {@Threei}  how nice of it to come back and pick us up
[10:04] {fish_49} i still missed it
01[10:04] {@Threei}  ??
01[10:04] {@Threei}  it traded at .36
01[10:04] {@Threei}  on pullback
[10:05] {Les} half out ty
01[10:05] {@Threei}  even if you simply left your entry order in place it would have filled you
01[10:05] {@Threei}  doing something wrong fish
01[10:05] {@Threei}  we have 4 winning trades in a row
[10:06] {fish_49} yea I had a stop limit entry at .35  and didnt get it in time
[10:06] {fish_49} user error on the montage
01[10:06] {@Threei}  .35 is wrong number, yes
[10:06] {fish_49} so was .37
[10:06] {thomcbell} akam
[10:07] {fish_49} had trigger at .37 limit at .35
[10:07] {munky} dont use that style to get in fish
01[10:07] {@Threei}  ah I see, other way around
[10:07] {fish_49} your using market orders?
01[10:07] {@Threei}  no
01[10:07] {@Threei}  just manual limit
01[10:07] {@Threei}  buy at .37
[10:07] {munky} just load ur price ahead of call, say .35 and hit buy
01[10:07] {@Threei}  that's it
[10:08] {munky} when it gets there
01[10:08] {@Threei}  .35 broken, hit buy
01[10:08] {@Threei}  pr use hover
01[10:08] {@Threei}  or
01[10:08] {@Threei}  but don't mess with these autotriggers
[10:08] {munky} also, use arcal
01[10:08] {@Threei}  they take more time
[10:08] {fish_49} yea  I will try that I prefer stop limit orders when there is time  but I can see in morning  that is not an option
[10:08] {munky} best executions
[10:08] {fish_49} yep
[10:09] {fish_49} I will create  a macro  to load the screen appropriately
01[10:09] {@Threei}  and I hate all those auto orders anyway
[10:09] {fish_49} lol
01[10:09] {@Threei}  any out of bounds print will set them off
01[10:09] {@Threei}  why do you need this headache?
[10:09] {fish_49} I gave up on auto stop loss
[10:09] {munky} auto orders are good for stops on slower stox, but not entries
01[10:10] {@Threei}  yup
01[10:10] {@Threei}  and even then they have severe limitations
01[10:10] {@Threei}  they are better than nothing if you must leave your computer
[10:10] {fish_49} yea  just provides me with peace of mind  in the case of a power outage  lol
[10:12] {Les} iwm breaking the range here
[10:14] {munky} when is fb gonnna dive, always does
[10:14] {munky} mkt divibng
[10:15] {munky} boy when c goes down, it really goes down
[10:15] {munky} coffee brb
[10:17] {Les} looking at IWM here or quick flush to .50
[10:18] {munky} fb dive
[10:19] {Les} GM DB potential at 35vad?
01[10:19] {@Threei} Long Setup:  GM  .10 break
01[10:19] {@Threei}  If holds  35
[10:19] {Les} love the way his mind works
[10:20] {munky} crap fb, i knew it, i blew it
[10:20] {Les} we knew it, but finding a setup on it munky...
[10:20] {munky} loss of .00 classic setup
01[10:20] {@Threei}  nope
[10:21] {fish_49} loss of .35  but  the stop would have been .58  too big
[10:21] {munky} please explain vad
[10:22] {Les} another test of support would be ok?
[10:23] {Les} for entry GM?
01[10:23] {@Threei}  yes
01[10:23] {@Threei}  ecplain?
01[10:23] {@Threei}  what?
[10:24] {fish_49} half out
[10:25] {munky} sorry, i thought nope was at me
01[10:25] {@Threei}  no, at GM
[10:28] {munky} out gm .30 ty
01[10:28] {@Threei} Long Setup:  C  .20 breal
01[10:28] {@Threei}  If holds  .15
[10:32] {fish_49} Munky  I was abale to get the Sound working  "Order Filled"  in the demo
[10:32] {fish_49} Will try live  later today or tomorrow if my account is turned on
[10:32] {munky} not a beep though, correct?
[10:32] {fish_49} the word Order Filled
[10:32] {munky} voice?
[10:32] {fish_49} yes
[10:33] {fish_49} but u will need the wav  file I can send to u
[10:33] {munky} was it difficult to set up
[10:33] {fish_49} or create your own wav  file saying "Order Filled"  or anything you want to hear  when order is filled
[10:33] {munky} oh oh, im a techno moron
[10:33] {fish_49} i can send to u  but wait until I test in live platform
01[10:34] {@Threei}  I have my favorite sound file for that... something inbetween csamera shutter click and gun shot
[10:34] {fish_49} lol
[10:34] {fish_49} lol
01[10:34] {@Threei}  used it for years
[10:35] {fish_49} not Clint Eastwoods "Go ahead make my day"
01[10:35] {@Threei}  meh
01[10:35] {@Threei}  (CA) IMF sees the CAD as overvalued; Canada has the ability to wait to raise interest rates- IMF calls on Canada Govt to lower its exposure to mortgage insurance - forecasts 2014 GDP at 2.25%; IMF sees first interest rate hike in 2015 - housing market has cooled - sees housing as overvalued by 10%
01[10:35] {@Threei}  idiots have spoken
[10:35] {munky} but vad, can it work with das
[10:36] {fish_49} what was meh?
01[10:36] {@Threei}  sound file is sound file
01[10:36] {@Threei}  whatever program calls it, it will produce sound
[10:36] {fish_49} yep
[10:39] {Les} sm all long wfc
[10:39] {Les} .12 holding .905
[10:39] {Les} 05
[10:40] {munky} so u can send me the "click" file?
01[10:41] {@Threei}  sure
[10:42] {munky} well that would be gggggggrrrrrrreeeeeeaaaatttt in my best tony-the-tiger
[10:42] {fish_49} u can use any wav file u want
[10:43] {fish_49} search internet for a wav file that u like and just tell DAS to call that file
[10:43] {Les} hullo? AT&T?
[10:46] {Les} scratch WFC -.02
[10:46] {Les} bankster aren't boucing
01[10:47] {@Threei} Long Setup:  CAT  .70 breK
01[10:47] {@Threei}  If holds  .60
[10:48] {thomcbell} akam 46.48 long break
[10:48] {thomcbell} target 47
[10:48] {fish_49} plenty of time for a stop limit order
[10:51] {thomcbell} no go akam
[10:52] {munky} akam like a dino trader? not familiar with it
[10:52] {fish_49} it looked like a good set up
[10:53] {RonS} usually akam is really thick, today barrons pimp spike it and ism tanked it...
[10:53] {munky} ok
[10:54] {thomcbell} unreal
[10:54] {thomcbell} i shorted it at 49.40
[10:54] {fish_49} {----Slaps CAT in the whiskers
[10:55] {thomcbell} and then screwed up getting lon git
[10:55] {fish_49} .18 is the long entgry right?
[10:59] {Les} nice plunge on WFC
01[10:59] {@Threei}  munky, sent you the file
[11:00] {munky} great, ty
01[11:00] {@Threei}  fish, on what stock?
[11:01] {fish_49} AKAM  that was a bit ago  I was looking at a 5 min chart  looked like .18 would have been a good long trade  for a scalp
[11:02] {fish_49} but  now it looks more like a short  break of  .18  lol
[11:02] {fish_49} .17
01[11:04] {@Threei} Short Setup: KPM  .75 break
01[11:04] {@Threei} Short Setup: JPM  .75 break
01[11:04] {@Threei}  If holds  .85
01[11:06] {@Threei}  1:1
01[11:12] {@Threei}  1:2
01[11:14] {@Threei}  1:3
06[11:14] * @Threei sends flowers to JPM
[11:14] {fish_49} lol
01[11:16] {@Threei}  out
01[11:16] {@Threei}  .38
[11:16] {fish_49} great trade
[11:16] {thomcbell} akam getting footing as market weakens
[11:16] {Les} like JPM long here
01[11:18] {@Threei} Long Setup:  C  .80 break hl
01[11:18] {@Threei}  If holds  .60
01[11:18] {@Threei}  .70 of course
01[11:26] {@Threei}  1:1
[11:28] {Les} iwm final flush to .75 or .50 would be nice
[11:30] {Les} spy higher lower
[11:30] {Les} low if holds
[11:31] {Les} game on
[11:34] {Les} SPY trying to get its game face on
[11:34] {RonS} took +.20 C thanks 3i
01[11:35] {@Threei}  :)
[11:39] {munky} me too, out .94 ty
[11:39] {munky} and btw, no u may not
01[11:39] {@Threei}  lol
01[11:43] {@Threei}  we have just above freezing temp... severe cold for Victoria
[11:43] {fish_49} I was wondering where Dino is today.  I'm thinking he is getting hammered  with snow
01[11:44] {@Threei}  no, he is off for a few days
[11:44] {fish_49} Im a few hours south of him and it started as rtain  and now snowing
[11:44] {fish_49} n x coworker got stuck at the airport trying to go to work.  I dont miss travel on days like today
01[11:44] {@Threei}  [15:45] {dino} calling it a week guys. back on wednesday. heading south for some myrtle beach golfing. tired of the single digit temps here in pa
[11:45] {fish_49} yea  he missed a great day yesterday it hit 55
[11:45] {fish_49} lol
[11:46] {Les} rising IWM daily channel lower limit around .50
[11:47] {Les} and DOW kissing 200 daily
[11:47] {RonS} meantime market says:
[11:48] {fish_49} lol  Ron
01[11:49] {@Threei}  lol
[11:49] {fish_49} that was good enough to share on FB  Ron  lol
[11:50] {munky} the file did not show up in inbox vad, junk niether
01[11:51] {@Threei}  do you have alternate e-mail?
[11:52] {munky} no, but ill send over to u now, u reply
01[11:53] {@Threei}  check again
[11:53] {munky} got it
[11:53] {fish_49}
[11:54] {fish_49} 7 or 8 down are cameras
01[11:54] {@Threei}  I checked those fish... mine's better
01[11:54] {@Threei}  want to check it out?
[11:54] {munky} i c fish is out techno guru lol
[11:55] {fish_49} share it Vad
01[11:55] {@Threei}  sent
[11:55] {fish_49} ty
[11:57] {fish_49} I agree it's louder
[11:57] {fish_49} is anyone still In C?
01[11:58] {@Threei}  why, it went under trailed stop for the balance
[11:58] {nemo} F#
[11:59] {fish_49} ok then I can wish it to drop  lol
[11:59] {fish_49} I am testing something  with the montage
[11:59] {fish_49} I place a stop loss order  with POS as the share count
[11:59] {fish_49} then later used a hot key to scale out all but 1/4 of my position
[12:00] {fish_49} I want to see if the stop loss order is wise enough to calculate new position or will it sell 1/4  and go short the other 3/4's
[12:01] {munky} oy
[12:02] {munky} fish, u downloaded vads click into das?
[12:02] {fish_49} yes  but I have not had an order fill yet
[12:02] {munky} cool
[12:02] {thomcbell} finally going after the pretty girl FB
[12:03] {thomcbell} mu
01[12:03] {@Threei}  fish... if I tried to dso what you do, I'd feel like this:
[12:03] {fish_49} I prefer  the camera shutter sound  because my other platform uses "Order Filled"  and it's better to differentiate
[12:03] {fish_49} lol
[12:03] {fish_49} lol
[12:03] {thomcbell} qihu too
[12:04] {munky} mkts ugly
[12:04] {fish_49} ok I got my answer
[12:04] {nemo} unless u r an anarchist munky
[12:05] {fish_49} the remaining 1/4 of my position (250) filled as a sell then it took me short 750 shares
[12:06] {fish_49} lol  Vad
[12:06] {Les} F looks ready for .50 break long on market bounce
[12:06] {fish_49} Vad if I try the hover method   this is how I feel
[12:06] {Les} or lod short
[12:07] {fish_49}
01[12:07] {@Threei}  lol
[12:10] {Les} potential index db here
[12:14] {munky} fb bounce time?
[12:14] {munky} fast
01[12:17] {@Threei} Short Setup: GLD  .55 break
01[12:17] {@Threei}  If holds  .65
[12:22] {Les} sm. index long
[12:23] {Les} 1:1
[12:23] {Les} on spy
[12:24] {Les} 1:2
[12:24] {Les} great inverse GLD short
[12:24] {munky} nice,was wondering if anyone took index
01[12:24] {@Threei}  1:1
[12:25] {Les} finally gave me correct db signal
[12:25] {Les} 1:3
[12:31] {munky} if mkt continues bounce..shoiuldn't gld continue down?
[12:31] {nemo} depends on level of correlation
[12:31] {nemo} people may see it as a safe haven,
[12:31] {munky} i guess thats what im asking
[12:31] {nemo} what's price telling u?
01[12:31] {@Threei}  most likely, yes
[12:31] {Les} broken vwap support, which is what is important
[12:32] {munky} vwap+?
[12:32] {nemo} yeah, but it's lunch, expect lunch-time action to be stop testing in a range
[12:32] {munky} =
[12:32] {nemo} chunky
[12:32] {nemo} dumpy
[12:32] {nemo} lumpy
[12:32] {nemo} funky
[12:32] {nemo} stunky
[12:32] {nemo} drunky
[12:32] {munky} frumpy
[12:32] {nemo} flunky
[12:32] {fish_49} grease
01[12:33] {@Threei}  1:2
[12:34] {Les}
[12:34] {munky} out .32 ty
[12:35] {munky} les vwap??
[12:35] {Les} Monkey, Volume Average Weighted Price... VWAP. see the dotted line in GLD as traders decide to dump it. VWAP loss is important
[12:35] {fish_49} LEs you give that alot of weight?  no pun intended
[12:35] {munky} i need to conf on my charts
[12:36] {fish_49} not trying to be a suck up But Damn Vad your in tuned with the markets today
[12:36] {RonS} fish is brown (nosed) trout?
[12:36] {munky} u may not
[12:37] {Les} nah, just use it like other support/resistance levels
06[12:37] * munky slaps fish_49 around a bit with a large trout
[12:37] {Les} can be place to short stuff
[12:37] {Les} in chop chop
[12:37] {fish_49} why cant he Munky  you scared?
[12:37] {fish_49} if your scared.. It's  ok
[12:37] {fish_49} lol
[12:59] {Les} IWM triple bottom if holds the low here. other indexes are higher
[13:05] {thomcbell} pretty girl fb day low
[13:08] {fish_49} toad  check DCC
[13:12] {munky} .
01[13:25] {@Threei} Short Setup: C  .55 break
01[13:25] {@Threei}  If holds  .65
[13:27] {thomcbell} lvs vulnerable here day low
[13:28] {fish_49} Munky did you get the sound to work sir?
[13:29] {munky} not yet, i may need help
[13:29] {fish_49} ok lets wait till lunch time tomorrow?
[13:29] {munky} ok,or after close
[13:30] {fish_49} sure but then you cant test until next day
[13:30] {fish_49} well perhaps you can in demo mode
[13:31] {munky} ah true
[13:32] {fish_49} do you have the file Vad sent you?
[13:32] {munky} yes
[13:33] {fish_49} actually better if I create a word file with pictures  and instructions
[13:33] {munky} stopped c
[13:33] {fish_49} did it trigger?
01[13:33] {@Threei}  it did
[13:33] {munky} yes
[13:33] {fish_49} wow  I didnt fill
[13:33] {fish_49} had order ready and in
[13:34] {munky} u gotta fill like we xplained earlier
[13:35] {nemo} are you in demo fish?
[13:35] {fish_49} yes
[13:36] {nemo} then it won't fill until you eclipse the price at which you sent the order
[13:36] {nemo} it doesn't compare the time of your order versus the time of the orders in the LII
[13:36] {nemo} which would happen if you were live
[13:36] {fish_49} let me try the load prepare function
[13:38] {Les} C svalida gain?
[13:39] {Les} DIA might hold here DB but indexes look like next leg down
[13:40] {Les} ah I c C triggered prior
01[13:40] {@Threei}  look how DKTK would have worked on C
01[13:40] {@Threei}  time of the day...
[13:40] {Les} was eating lunch
[13:41] {Les} sm DIA long
[13:43] {Les} not following IWM...
[13:46] {Les} no go
01[14:18] {@Threei}  frikin C
01[14:18] {@Threei}  rinsed us
[14:32] {fish_49} wb Les
[14:32] {fish_49} we are short FB  from 65.50
[14:32] {fish_49} u missed it
[14:32] {Les} short?
[14:33] {Les} took a break
01[14:33] {@Threei} Short Setup: FB  .65 break
01[14:33] {@Threei}  If holds  .75
[14:34] {fish_49} I was joking Les  then Vad calls Short FB  lol  I was watching it short .65 or long .87
01[14:34] {@Threei}  1:1
[14:34] {Les} you want me to send nemo round to kneecap ya
01[14:34] {@Threei}  joking?
01[14:34] {@Threei}  joking??
01[14:34] {@Threei}  I made a call because of your joke!
[14:34] {fish_49} yea  I picked a number  65.50
[14:35] {nemo} why he got married too
[14:35] {fish_49} would u like to be short from 65.50?
01[14:37] {@Threei}  1:2
06[14:38] * @Threei intends to wait for the next fish joke to make another call
[14:38] {fish_49} lol
[14:38] {nemo} {fish_49} PCLN looks short
01[14:38] {@Threei}  making money is no joking matter, ya know
[14:38] {nemo} {fish_49) BRKA looks short
[14:39] {fish_49} I think it was lost in translation
[14:40] {nemo} what?
01[14:40] {@Threei}  out last piece on a trail
[14:40] {nemo} nobody want to trade 4 and 6 digit stocks?
[14:40] {fish_49} I took it on your call Nemo  but I only grabbed half lot
[14:40] {nemo} ahhh...that was your call fish
[14:41] {fish_49} PCLN  out
[14:41] {fish_49} lol
[14:41] {nemo} hehehehehe
[14:41] {fish_49} trades in increments of 4 dollars
[14:41] {fish_49} lol
[14:41] {nemo} yeah, I don't even like bringing it up on the montage lest I hit the wrong key combination
[14:42] {fish_49} ohhh good point
[14:42] {nemo} sheesh...remember when I was on Takion
[14:42] {nemo} keys only
[14:42] {nemo} didn't even think I was in a montage, next thing I know I shorted 1000 shares of aapl and didn't know it
01[14:42] {@Threei}  they are too risky even to papertrade
[14:43] {nemo} then there was some relatively illiquid stock I got short in the premarket by accident....that was fun
[14:43] {fish_49} yikes
[14:43] {fish_49} awhile ago, I let CC7 know  my account was funded
[14:44] {munky} getting caught in a halt is alot of laughs....not
[14:44] {nemo} oh yeah, and no sound look down at the order and position windows and your asshole locks shut
[14:44] {fish_49} he says  It dont work like that  we will let you know when its ready  lol
[14:44] {fish_49} I replied  Ohhh  Are you going to share your earnings  I mean the earnings you make on my money?  I dont think they have such a sense of humor
[14:44] {fish_49} lol
[14:45] {nemo} yeah, funny....didn't do #2 for a week
[14:46] {fish_49} Nemo that is why when I teach OSO and OCO orders  I tell  students  to make sure the oreders are GTC  
[14:47] {fish_49} they place a DAY OSO/OCO order thinking they have a stop in place  on a swing position  only to wake up to a nice fat red P/L column
[14:47] {nemo} well, they then need a liquidate on close order
[14:49] {nemo} be interesting to see if we get short covering nearer the close
[14:49] {fish_49} my bet is yes
[14:49] {nemo} watch the vix too...
[14:50] {nemo} that'll tell how much fear there is going into the overnight
[14:50] {munky} anyone here allowed the imbalances?
[14:51] {fish_49} imbalance in supply and demand?
[14:51] {fish_49} explain
[14:51] {munky} coming into closing, the market makers have to matchg up the buys and sells
[14:51] {fish_49} ahhhhh
[14:52] {nemo} I'll hear it and let you know
[14:52] {nemo} only slight buy side bias at the moment
01[15:00] {@Threei}  wow FB
[15:01] {munky} not surprised, i think it sees day low
[15:02] {munky} but it rinses constantly
[15:02] {munky} wow gld
[15:02] {fish_49} add C  to the wow list
[15:02] {munky} wow C lol
[15:03] {munky} wow 300 down dow'
[15:03] {munky} wow vads lost weight
[15:03] {fish_49} Ad  NQ  to the list  down 111  thats huge
[15:03] {fish_49} add
[15:04] {nemo} haven't traded until you get up in the morning and see the market is below limit down before the open
[15:04] {nemo} huh Vad...
[15:04] {fish_49} days like today I wished my IRA was in cash
[15:05] {munky} so les, i have a rather straight blue line on charts now for vwap, correct?
[15:05] {munky} les?
[15:05] {nemo} munky....
[15:05] {nemo} Les is usually drunk by now
[15:06] {munky} lol
[15:06] {nemo} he's in Switzerland
[15:06] {RonS} les spanking his munky?
[15:06] {munky} ah poor bastard
[15:06] {fish_49} lol
[15:06] {fish_49} lol
[15:06] {nemo} nice Ron
[15:06] {nemo} kinda' a double insult
[15:06] {nemo} I'm jealous
[15:06] {RonS} lol
[15:06] {munky} us munky's vwatch alot of porn, be back in 3 minutes lol
01[15:11] {@Threei} Short Setup: FB  .20 break hl
[15:12] {munky} in
01[15:12] {@Threei}  If holds  .30
01[15:12] {@Threei}  a bit of 50/50ish here, so hl
01[15:12] {@Threei}  might be a double bottom bounce
[15:12] {munky} small here
01[15:13] {@Threei}  meh
[15:14] {munky} hhem
01[15:15] {@Threei}  double bottom it is
[15:15] {nemo} we're coming into short covering time
01[15:15] {@Threei}  then GLD should be a victim here
01[15:15] {@Threei} Short Setup: GLD  .10 break hl
[15:16] {nemo} its real money Vad
01[15:16] {@Threei}  yes
01[15:16] {@Threei}  sound too
01[15:16] {@Threei}  If holds  .20
[15:22] {munky} munky dangling banana to gld much lower
01[15:24] {@Threei}  you sute you determined its back and front correctly?
01[15:24] {@Threei}  sure
01[15:27] {@Threei}  meh
[15:28] {munky} crap, oh for two shorts in a row
01[15:28] {@Threei}  count how many were winners and for what kind of moves
[15:30] {munky} no problem...just cant hold my day high
[15:32] {munky} plus the lil bastard stole my banana
01[15:32] {@Threei}  and went the wrong way, adding insult to injury
[15:33] {fish_49} you may get a second chance around .40
[15:43] {nemo} 350 million net to buy
[15:43] {nemo} nothing special
[15:46] {nemo} dia imbalances: ugly
[15:47] {nemo} 19 out of 30 for sell
01[15:47] {@Threei}  no covering
01[15:47] {@Threei}  selloff
01[15:47] {@Threei}  C was our best short
[15:47] {nemo} tomorrow gonna' be ugly
[15:47] {nemo} uuuuuugggggllllllyyyyy
[15:48] {Les} yo mama
[15:48] {fish_49} tomorrow we rally
01[15:48] {@Threei}  {Tomorrow} I am not even here yet, and he already insults me
[15:48] {nemo} too obvious
[15:49] {munky} thanx nemo imbal
[15:49] {nemo} yw
[15:49] {nemo} I'll give you my paypal acct.
01[15:49] {@Threei}  last trade?
01[15:49] {@Threei} Long Setup:  C  .30 break
[15:49] {fish_49} yea
01[15:49] {@Threei}  If holds  .25
01[15:50] {@Threei}  small stop
01[15:50] {@Threei}  with closing scalp in mind
01[15:53] {@Threei}  move already C, time to cover some shorts
[15:53] {munky} already have it nemo lol
01[15:53] {@Threei}  SPY is bouncing
[15:53] {nemo} send a donation's tax deductible.  I'm a 501c charity
[15:53] {fish_49} shorts are all down in warmer weather
[15:53] {fish_49} lets go C
[15:53] {nemo} Hah!  SPY bounced right at the weekly S3
01[15:54] {@Threei}  couple more cents please
01[15:54] {@Threei}  good girl
[15:54] {nemo} ?
[15:54] {fish_49} good call Vad
[15:54] {fish_49} great day
01[15:54] {@Threei}  1:1
[15:55] {munky} out .41 donka
[15:55] {goinshort} nice Vad!
01[15:55] {@Threei}  :)
[15:55] {thomcbell} gn all
01[15:55] {@Threei}  munky got his banana back
[15:55] {fish_49} have a great night all
[15:55] {fish_49} yea
01[15:55] {@Threei}  thank you all
[15:55] {munky} now...NOW...u can go home
01[15:56] {@Threei}  have a great evening, see you tomorrow'
[15:56] {nemo} munky...
01[15:56] {@Threei}  lol
[15:56] {nemo} he is home
[15:56] {munky} i know lol
[15:56] {nemo} stop acting like Les
[15:56] {munky} thanx all
[15:56] {nemo} it will negatively affect your IQ
[15:57] {munky} ok, goodnite