Wednesday, February 19, 2014

Feb 19 2014

A bit jerky day, with nice wins ranging from 1:2 to 1:4, and a few stops here and there. Winning trades were easy to get so finishing slightly positive

Session Time: Wed Feb 19 00:00:00 2014
01[08:55] {@Threei}  morning guys
[08:55] {fish_49} gm Vad
01[08:56] {@Threei}  fish :)
[08:56] {nemo} we'll never get the smell out of the room
[09:00] {fish_49} Love you too Nemo
01[09:01] {@Threei}  this reminded me of nemo for some reason:
01[09:01] {@Threei}  Better shoot, recharge and shoot again than point the the flashlight and ask "who is there?"
[09:01] {nemo} yeah, flashlight just gives them something to shoot at
[09:02] {fish_49} why would they have something to shoot at? you already shot them twice..  Are you that bad of a shot?
[09:03] {nemo}, why come down with a flashlight giving away your location before you shoot?
[09:03] {nemo} always get a kick out of that on tv
[09:03] {nemo} mount the flashlight on the gun, or hold it right under the gun as you hold the gun smack in the middle of your body
[09:04] {fish_49} who said the flashlight was on
[09:04] {nemo} minor, but important detail
01[09:04] {@Threei}  yeah, that always strikes me as highly idiotic: loud sound from the kitchen when no one is supposed to be home, character asks nervously "who is there??"
[09:04] {fish_49} Vad said in broken english...  Shoot First ask questions second
01[09:05] {@Threei}  as if serial killer is about to say "yeah, I am here, wanna sandwich?"
[09:08] {darekj} gm all
01[09:08] {@Threei}  darek :)
[09:08] {fish_49} gm daekj
[09:18] {RonS} gm gents & curmudgeon(s)...
01[09:18] {@Threei}  ron :)
01[09:21] {@Threei}  FOMC minutes tpday
[09:21] {fish_49} yea
[09:21] {fish_49} housing numbers not good
[09:22] {fish_49} Feds highly unlikely  to make any changes to plan in my opinion  so sideways  markets  until 2 pm  perhaps?
[09:24] {RonS} big dog dino chase cars...catch them...take to bank...
[09:24] {goinshort} gm all !
[09:25] {fish_49} gm Gs
[09:25] {nemo} look at vxx, a little fear creeping into the market
01[09:25] {@Threei}  gs :)
[09:27] {dino} lol ron
[09:28] {RonS} hey ese
[09:28] {ese} morning.....
[09:28] {ese} ron!!!!!!!!!!!
01[09:28] {@Threei}  ese :)
[09:29] {ese} vad
01[09:30] {@Threei} Short Setup: C  .20 break break
[09:31] {dino} ande?
01[09:31] {@Threei}  .c .30
01[09:31] {@Threei}  If holds  .30
[09:31] {dino} ohh, split
01[09:34] {@Threei}  stop to .26
01[09:34] {@Threei}  1:1
[09:34] {fish_49} out
[09:34] {fish_49} ty
01[09:34] {@Threei}  yw
01[09:37] {@Threei} Short Setup: FB  .80 break hl
01[09:37] {@Threei}  If holds  .90
[09:38] {nemo} open air for facebook
01[09:38] {@Threei}  Invalidated
01[09:40] {@Threei} Short Setup: AIG  .90 break
01[09:40] {@Threei}  If holds  58
[09:41] {fish_49} big range  lol
01[09:41] {@Threei}  lol
01[09:41] {@Threei}  2 shares position
01[09:41] {@Threei}  If holds  50  of course
01[09:42] {@Threei}  Invalidated
01[09:45] {@Threei}  FB is starting to look ridiculous
[09:45] {nemo} look at daily, in the channel
01[09:47] {@Threei}  one more spike and should be ready
[09:47] {nemo} top of channel is .50 and R2ish on daily
[09:47] {dino} sm smr wide, l .56
[09:48] {dino} dorm spike
[09:49] {nemo} hah! fb kissed R2 and dropped
01[09:49] {@Threei}  got away
[09:50] {fish_49} buying the pullback since trend is up?
[09:50] {dino} sm stopped, that sucked
01[09:54] {@Threei} Short Setup: AIG  .90 break
01[09:54] {@Threei}  If holds  50
01[09:56] {@Threei}  Invalidated
[09:57] {fish_49} any read on HD  Vad?
[09:57] {dino} sm smr l .10
01[09:57] {@Threei} Short Setup: HD  77 break
01[09:58] {@Threei}  If holds  .10
01[09:58] {@Threei} Long Setup:  FB  .40 break hl
01[09:58] {@Threei}  If holds  .30
[10:00] {nemo} twtr weak
01[10:00] {@Threei}  meh
[10:02] {dino} tex smr l .51
01[10:08] {@Threei}  1:1  HD
[10:08] {fish_49} 1:1
[10:10] {nemo} they're going for SPY all time highs
01[10:13] {@Threei} Long Setup:  P  .10 break hl
01[10:13] {@Threei}  If holds  37
01[10:17] {@Threei}  come on already
[10:17] {nemo} P weak today, likely a short at .30ish
01[10:18] {@Threei}  no problem, let's just get there
[10:18] {fish_49} there was nice support at .07 that left in a blink of an eye b4 price even hit .07
01[10:19] {@Threei}  nah
01[10:23] {@Threei}  rinse
01[10:23] {@Threei}  this is just indecent
[10:25] {thomcbell} splk 85.50 short break if holding 85.60
[10:27] {thomcbell} splk invalidated
01[10:27] {@Threei} Long Setup:  C  .30 break
01[10:27] {@Threei}  If holds  .20
[10:37] {dino} oii drop
01[10:37] {@Threei}  no go
[10:38] {fish_49} C sucks  Im gonna go use my Citi Credit card and refuse to pay them
[10:39] {dino} that'll show them
01[10:40] {@Threei} Short Setup: CAT  .60 break
01[10:40] {@Threei}  If holds  .70
01[10:40] {@Threei}  hl
[10:43] {dino} out sm 74.45, m+1.35
[10:43] {dino} x the m
[10:44] {fish_49} NICE
[10:44] {dino} ty
01[10:46] {@Threei}  wtg
01[10:50] {@Threei}  1:1
[10:55] {thomcbell} splk valid again
[10:55] {thomcbell} 85.50 break if holding 85.60 half lot for me
[10:56] {dino} sm .50 wall, break may go
[10:58] {dino} sm giddy-up
01[10:58] {@Threei}  1:2
01[11:00] {@Threei}  1:3
01[11:00] {@Threei}  out
01[11:00] {@Threei}  finalky something decent
[11:00] {thomcbell} splk invalid obviously
[11:02] {darekj} ty Vad
01[11:02] {@Threei}  :)
[11:03] {goinshort} nice Vad -thanks
01[11:03] {@Threei}  yw
[11:03] {nemo} probably into the pre-minutestrual period
01[11:10] {@Threei}  C stop dictated CAT short, in a way
01[11:10] {@Threei}  same setup...
01[11:10] {@Threei}  long didn't work
[11:10] {fish_49} I was occupied  and didnt ge in CAT  waa
01[11:11] {@Threei}  wow... this is second day in a row when you don't get in the best trade of the day
01[11:11] {@Threei}  AIG yesterday
[11:11] {fish_49} Yea
[11:12] {fish_49} I'ts not best trade of day  I know u have a $:1  up your sleave
[11:12] {fish_49} Hey Vad  you know what is worse than being insulted by Nemo?
[11:12] {fish_49} Not realizing you were insulted  lol
[11:13] {fish_49} HD 2:1
[11:13] {RonS} nemo insult never's like watching Picasso paint...
[11:13] {fish_49} I got out at 1:1  waaa
01[11:13] {@Threei}  lol
01[11:14] {@Threei}  wow CAT
01[11:14] {@Threei}  almost 1:6
[11:14] {fish_49} you mean Nemo and Dead man  looks same?
[11:15] {dino} once again, banks not participating
01[11:15] {@Threei}  speaking of... you know what Picasso model said to the guy who was hitting on her in the bar when he put his hand on her leg?
[11:16] {fish_49} no
01[11:16] {@Threei}  "Young man, I am a Picasso model for a reason. What you are looking is located behind my right ear"
[11:16] {RonS} ready ese?
[11:16] {RonS} go ese...rim shot...
01[11:17] {@Threei}  sigh... whatever
01[11:17] {@Threei}  I miss will
[11:17] {fish_49} lol
[11:17] {RonS} lol
[11:17] {fish_49} loll
[11:17] {dino} ???
[11:17] {fish_49} where is the old man
[11:17] {RonS} working on his skin cancer...
[11:17] {fish_49} ohhhhh
[11:18] {fish_49} Sorry Will
01[11:19] {@Threei}  listening to all the commentators blabbing about Ukraine is laughable in the extreme
01[11:19] {@Threei}  they have no idea what actually happened over there to trigger all this
01[11:19] {@Threei}  but are full of platitudes
01[11:19] {@Threei}  "democracy, freedom..."
[11:19] {dino} talking heads, just reading a teleprompter
[11:20] {fish_49} sounds like CNBC
01[11:23] {@Threei}
01[11:25] {@Threei}  in case you haven't seen my octopus shots,
[11:26] {fish_49} he is lucky he didnt lose the camera
[11:26] {fish_49} the pics he got was worth the risk  wow
01[11:27] {@Threei}  considering that these things grow up to 30 ft, he is lucky it wasn't a full grown sample
[11:32] {fish_49} here is a desert pic I took and proud of
[11:33] {fish_49}
[11:33] {fish_49} except the little whit blur in center of pic is the reflection of a van that  I removed from the pic and forgot to remove the reflection
01[11:34] {@Threei} Short Setup: AIG  .85 break
01[11:35] {@Threei}  If holds  .95
01[11:40] {@Threei}  One of Parliament reps on Maidan: Yanukovich, you will end up as Qaddafi
01[11:40] {@Threei}  really starts looking like that
[11:41] {fish_49} and who would be the replacement?
01[11:41] {@Threei}  at this point it doesn't matter anymore
01[11:42] {@Threei}  people want this thug out
01[11:42] {@Threei}  sending Berkut squads to kill protesters was over the top
[11:43] {fish_49} world is ok with that unless he used WMD
[11:43] {fish_49} and then the world is still ok
[11:43] {thomcbell} oxy 96.13 long break
[11:44] {thomcbell} if holding 96.03
[11:47] {dino} exactly fish
01[11:49] {@Threei}  Protesters stake out Mt. Gox's Tokyo HQ to get bitcoins back
[11:51] {thomcbell} oxy 1:1
[11:53] {goinshort} took the OXY scalp -thanks thom
01[11:53] {@Threei}  wtg
[11:56] {dino} gj
[11:56] {RonS} hlf sm l .45 s/l lod
[11:58] {fish_49} !:1
[11:58] {fish_49} 1:1
[11:59] {nemo} wtf
01[11:59] {@Threei}  1:1
01[11:59] {@Threei}  no news
[11:59] {dino} mkt drop
[12:04] {thomcbell} IMF Warns G-20 of Risks of Deflation, Emerging-Market Turmoil
[12:04] {thomcbell} think that may have been what it was
01[12:04] {@Threei}  yup
[12:05] {nemo} yeah, to drastic a drop to not be news related
[12:05] {nemo} as a rule that is
01[12:06] {@Threei}  1:2  AIG
[12:06] {nemo} funny...saw finnies drop below vwap and then double top against it, which is usually a good signal...which it was
01[12:09] {@Threei}  1:3
[12:09] {dino} hlf smackdown
[12:11] {darekj} ty Vad!
01[12:12] {@Threei}  :)
01[12:13] {@Threei}  1:4
01[12:13] {@Threei}  out
01[12:13] {@Threei}  fish... tell me you got this one
[12:13] {fish_49} yes  but jumped out  at 1:1.5
[12:13] {fish_49} lol
01[12:16] {@Threei}  Russia out of men's hockey tourney with 3-1 loss to Finland
[12:16] {fish_49} huh?
[12:16] {nemo} twitter Vad
[12:16] {fish_49} what happened  to them?
01[12:16] {@Threei}  I guess a few new forest cutters about to appear in Siberia
[12:16] {nemo} for the glory of the proletariat
[12:17] {fish_49} damn  Nemo using another  big  word  I need to look up...  thank god it's lunch time
[12:17] {thomcbell} short setup 49.50 break if holding 49.60
[12:17] {fish_49} thom  ?
[12:17] {nemo} obviously not a student of Hegel and Marx
[12:18] {thomcbell} sorry guys that was ubnt
[12:19] {thomcbell} 1:1
[12:19] {thomcbell} target is 49
[12:19] {thomcbell} 1:2
[12:19] {nemo} nice
[12:19] {nemo} twtr short break of .80 but time of day iffy
[12:20] {thomcbell} 1:3
01[12:20] {@Threei}  wtg
[12:21] {thomcbell} 1:4
01[12:21] {@Threei}  AIG 1:5
[12:21] {fish_49} HD 1:5
[12:21] {fish_49} lol
[12:23] {dino} gj
01[12:23] {@Threei}  (US) Fed's Lockhart (moderate, FOMC alternate): Asset purchases likely to have been completely wound down by Q4; taper process to continue despite weaker jobs data
[12:23] {nemo} we'll just call him "dino"
[12:24] {fish_49} huh  I thought they would not be releasing any info to public until 2:00
01[12:25] {@Threei}  this is not minutes, just usual fed interviews
[12:25] {fish_49} ahhhhh
[12:26] {thomcbell} ubnt 1:7 and out
[12:26] {dino} wtg
[12:26] {RonS} gj
[12:27] {fish_49} next time  tell us  or your going back to Tinkerbell
[12:30] {dino} z gap fill
[12:31] {thomcbell} fish i did it
[12:31] {dino} ande hl l .41
[12:31] {thomcbell} just omitted the ticker on first entry
01[12:33] {@Threei}  as an insignificant detail
[12:33] {thomcbell} i corrected the text a minute later at 49.40
01[12:34] {@Threei}  I wouldn't...
01[12:34] {@Threei}  he who can read your mind deserves the trade
[12:41] {dino} sm smr l .50
[12:42] {RonS} ya l sm .41...
[12:47] {RonS} dino thinking here that sm can go $2...opinion?
[12:54] {dino} 76, yes
[12:55] {dino} ron, thing is, it breaths pretty big (.40-.60)
[12:55] {nemo} whoa!  DP!
[12:56] {dptl} lol...good afternoon...hows things?
01[12:56] {@Threei}  hey dp :)
[12:56] {nemo} gets any better I'm calling the undertaker
[12:56] {dptl} hey Vad
[12:56] {dino} hey dp
[12:56] {dptl} Dino:)
06[12:57] * @Threei slaps dptl around a bit with a large fresh wild salmon
01[12:57] {@Threei}  just so you feel at home
[12:57] {dino} ron, 75 wall it seems
[12:57] {dptl} feels
01[12:58] {@Threei}  at your service :)
[13:02] {dino} out sm .80, +.30
[13:03] {RonS} out sm .75 +.31
01[13:03] {@Threei}  wtg
[13:04] {dino} ty
[13:04] {dino} ron see that breath, drops .50 in blink
[13:11] {dino} tex to .95 taking hours
[13:12] {dino} to .99
[13:14] {dino} to .09
[13:15] {dino} out tex .21, +.70
[13:15] {RonS} wtg
[13:15] {dino} ty
[13:15] {RonS} as predicted...big dog day
[13:16] {fish_49} everyday is Big Dog day
[13:16] {fish_49} I'm waiting for Big Fish Day
[13:16] {fish_49} lol
[13:16] {RonS} dino says: it's good to be a big dog...
[13:16] {dino} slow day, only 4 trades
[13:20] {dino} jo spike
01[13:25] {@Threei} Long Setup:  GLD  .25 break
01[13:25] {@Threei}  If holds  .15
[13:29] {RonS} games w/ ande bid/asks...
[13:32] {dino} lol, ya think
[13:32] {dino} where you in at?
01[13:32] {@Threei}  YESSS!!! Canadian bobsled duo wins gold at Sochi Games
01[13:32] {@Threei}  what's bobsled btw?
[13:33] {fish_49} lol  your serious?
01[13:33] {@Threei}  half
01[13:33] {@Threei}  this one I know
01[13:33] {@Threei}  but there are quite a few that I don't
01[13:33] {@Threei}  halfpipe??
[13:33] {RonS} dino in ande .30...
01[13:33] {@Threei}  mogul?
01[13:33] {@Threei}  skeleton?
[13:33] {dino} good entry, .41 here
01[13:34] {@Threei}  wtf
[13:34] {fish_49} lol
[13:34] {fish_49} lol
[13:34] {fish_49} Mogul  just bumps in the course
[13:34] {RonS} had .16 break as s/l so wanted lower...
[13:34] {fish_49} Half is 180
[13:34] {fish_49} no idea about skeleton
01[13:35] {@Threei}  see?
01[13:35] {@Threei}  and the day I understand how curling is sport, please shoot me
[13:36] {RonS} should be re-named sweeping...
01[13:36] {@Threei}  mopping
[13:36] {RonS} bowling for norwegians...
01[13:36] {@Threei}  vigorous mopping
01[13:36] {@Threei}  vigorous mopping with cheering
[13:37] {fish_49} ever heard of a Curling injury?
[13:37] {RonS} fashion show for those high...
01[13:37] {@Threei}  stop... my mind goes in very gutteral places
[13:37] {fish_49} I was almost demoted once when I asked my boss how he broke his leg...
[13:37] {RonS}
[13:37] {fish_49} I laughed at him so hard when he said it was a sports injury  (Bowling)
01[13:38] {@Threei}  I guess it wasn't In Russia
01[13:38] {@Threei}  laugh at your boss, get demoted from live to dead
[13:38] {fish_49} lol
01[13:39] {@Threei}  speaking of... dp, can you believe your eyes looking at what happens in Ukraine?
[13:39] {dptl} crazy...
01[13:43] {@Threei}  Goldman trader turned neuroscientist says our physiology causes market crashes to worsen as cortisol spikes
01[13:43] {@Threei}  wait... I thought it was HFT
01[13:43] {@Threei}  and algos
[13:43] {thomcbell} what time are minutes 2:00?
01[13:43] {@Threei}  turns out it's damn cortisol
01[13:43] {@Threei}  yes thom
01[13:44] {@Threei}  so, injection of testosteron should stop market crashes?
[13:44] {fish_49} very possible  Vad
01[13:45] {@Threei}  {--- proud of his knowledge of the human biochemistry
[13:45] {dino} panw drop
01[13:45] {@Threei}  that's cortisol, dino
[13:46] {fish_49} or expired Viagra
01[13:46] {@Threei}  no wait, it's news
01[13:46] {@Threei}  PANW Ticks lower on circulation of potentially adverse court ruling in case against Juniper
01[13:46] {@Threei}  OK, it's cortisol spike caused by news
01[13:48] {@Threei}  - The minutes of the Jan 28-29th meeting are outdated at this point, with more disappointing data and a number of Fed speakers commenting since. New Fed Chair Yellen testified before Congress last week, emphasizing policy continuity and suggesting little has changed in the Fed's view since the December meeting. Other Fed officials have largely indicated that tapering will not be thrown off track by a few bad data points that could be attributable to bad weather. Apart from the temporary impacts of the weather, the minutes could show discussion of other external risks like the emerging market upset in January.
[13:55] {RonS} sm should be s&m...
[13:56] {dino} yeah, missed the re-entry on it
[13:57] {RonS} freakin ande...every time bid put in someone auto cuts it...
[13:58] {RonS} have cancelled 6 orders already
[13:58] {dino} i see it. just want .71, but not putting ask in yet, want to wait a bit
01[13:59] {@Threei}  no go GLD
01[14:02] {@Threei} Long Setup:  IWM  115 break hl
01[14:02] {@Threei}  If holds  .90
01[14:05] {@Threei}  ok, direction seems to be determined
01[14:05] {@Threei}  move your butt SPY
01[14:05] {@Threei}  and take IWM with you
01[14:06] {@Threei}  1:1
01[14:07] {@Threei}  1:2
[14:08] {thomcbell} swks 31.45 long break if holding 31.40
[14:10] {dino} out ande .71, +.30
01[14:12] {@Threei}  out on a trail
[14:12] {RonS} gj ande must be male hooker...still getting jerked off here...
01[14:12] {@Threei}  lol
01[14:12] {@Threei}  ese, you here?
[14:12] {dino} lol
[14:15] {RonS} out ande .76 +.46
[14:15] {thomcbell} swks invalid
[14:15] {dino} that bid drop is a bitch
[14:15] {nemo} real jerk around
[14:23] {dino} there goes that bid again
01[14:29] {@Threei} Short Setup: GLD  .80 break hl
01[14:29] {@Threei}  If holds  .90
[14:32] {dino} damn, tex and sm went about .80 more after my exits
[14:32] {fish_49} you made money right?
01[14:33] {@Threei}  valid
[14:34] {dino} indeed i did.
[14:34] {fish_49} share it
[14:34] {dino} never
[14:34] {fish_49} you get snow or rain today?
[14:35] {dino} about an inch or two of snow in late morning. yesterday 4"
[14:35] {fish_49} I got lucky  all rain this am
[14:36] {dino} we're supposed to hit 40-50s f thursday-saturday. over 30" on ground, so possibly some flooding
[14:37] {fish_49} yea  hope we dont flood out  down here  from the susky
[14:37] {dino} ron, sm pullback, from .70s to teens, wickeed
[14:38] {RonS} ergo s&m...
01[14:39] {@Threei}  still valid
[14:41] {fish_49} hit sell when printed .79  filled at .81
[14:42] {nemo} slippage
01[14:43] {@Threei}  no crying
[14:43] {fish_49} lol
06[14:44] * nemo passes the KY to fish
01[14:44] {@Threei}  if fish cries under water, is there tears?
[14:44] {fish_49} nobody knows
[14:44] {nemo} are there
[14:45] {nemo} fish dcc
01[14:45] {@Threei}  merh
01[14:46] {@Threei}  we are not friends with GLD today
[14:46] {dino} sm big drop
[14:46] {nemo} all that glitters is not gold
01[14:51] {@Threei}  English is the weirdest language
[14:56] {nemo} gld coming to a conclusion soon
01[14:57] {@Threei} Long Setup:  IWM  .75 breeak
01[14:57] {@Threei}  If holds  .70
01[14:58] {@Threei}  Invalidated
01[15:04] {@Threei}  *(&^%$( GLD
[15:07] {thomcbell} lly is very impressive
01[15:07] {@Threei} Long Setup:  IWM  .70 break
01[15:07] {@Threei}  If holds  .60
01[15:10] {@Threei}  Invalidated
[15:11] {dino} you're trying to make something of nothing, relax
01[15:11] {@Threei}  me?
[15:11] {fish_49} long side Bias?
[15:11] {dino} yes, you keep wanting long w/trend down
01[15:12] {@Threei}  there was clear setup
[15:12] {dino} ron, sm
[15:12] {RonS} ya, brutal
01[15:12] {@Threei}  you guys misread me I guess
[15:12] {dino} will be on iyt tomorrow
[15:12] {nemo} I agree...spy iwm rejected vwap, finnies couldn't even get back there
[15:12] {nemo} might see some short covering a little later
[15:13] {dino} maybe 3i, just seems you want long
01[15:13] {@Threei}  look at 1 min IWM
[15:13] {dino} as long as you know what you are seeing. you're much better trader than i
01[15:13] {@Threei}  see clear double bottom that would have triggered should it break .70?
[15:13] {nemo} fas coming into 50 day @.75
01[15:13] {@Threei}  it lost .60, no more setup
[15:14] {thomcbell} fb vad
01[15:15] {@Threei}  FB looks short tome but stop placement is not very clean
[15:15] {thomcbell} i know we need to make it tradeable here
[15:32] {fish_49} knock knock  Who Shot the sheriff?
01[15:35] {@Threei} Long Setup:  FB  .10 break hl
01[15:35] {@Threei}  If holds  68
01[15:37] {@Threei}  change to 68 break if holds .90
01[15:38] {@Threei}  SPY's bouncing
01[15:39] {@Threei}  nah
01[15:47] {@Threei}  finishing with selling
01[15:49] {@Threei}  thank you all, have a good evening
01[15:49] {@Threei}  see you tomorrow
[15:50] {fish_49} take care Vad
[15:50] {fish_49} bye all
[15:50] {dino} done here too, gn all, thx for ideas
[15:51] {darekj} gn all