Thursday, March 6, 2014

March 06 2014

The day started well, with 1:3 and 1:2 trades, then pattern of rinsing resumed. Ended negatively second day in the row, which is quite rare for us.

Session Time: Thu Mar 06 00:00:00 2014
[09:01] {dino} gm
[09:01] {fish_49} gm Dino  GM  all
[09:01] {RonS} ford all
01[09:01] {@Threei}  dino, fish, ron :)
01[09:01] {@Threei}  and lol
[09:04] {nemo} anybody else having problems connecting with DAS
[09:15] {mojo1} gd morning
01[09:15] {@Threei}  mojo :)
[09:18] {goinshort} gm  all
01[09:18] {@Threei}  gs :)
[09:21] {munky} morning btw
[09:21] {fish_49} same here
[09:21] {fish_49} gm Munky
[09:21] {nemo} yep...
[09:21] {munky} oh, hi fish
01[09:21] {@Threei}  munky :)
[09:25] {ese} gm
01[09:25] {@Threei}  ese :)
[09:26] {nemo} hey ese
[09:26] {ese} hey nemo
[09:26] {ese} vad
[09:28] {nemo} well, guess I'll be writing for a while this morning
[09:28] {RonS} ese:  pic.twitter.com/tZSAH4TWGK
[09:28] {ese} how do I access that Ron
[09:29] {nemo} copy paste ese
[09:29] {RonS} copy & paste?
[09:29] {ese} ok
[09:29] {munky} ok in now
[09:31] {ese} too funny
01[09:31] {@Threei} Long Setup:  GDX  .70 break
01[09:31] {@Threei}  If holds  .65
01[09:34] {@Threei}  meh
[09:34] {munky} stopped
01[09:35] {@Threei} Short Setup: FB  .70 break hl
01[09:35] {@Threei}  If holds  .80
01[09:36] {@Threei}  1:1
[09:37] {dptl} good morning all
01[09:37] {@Threei}  dp
01[09:39] {@Threei} Long Setup:  EBAY  .05 break
[09:39] {munky} ty fb
01[09:40] {@Threei}  yw
[09:40] {munky} 1:2
01[09:40] {@Threei}  If holds  59
01[09:41] {@Threei}  1:1
01[09:42] {@Threei}  .20 next dam
01[09:42] {@Threei}  broken
01[09:43] {@Threei}  1:2
01[09:43] {@Threei}  nice smooth ride
[09:44] {munky} pxlw news?
[09:44] {RonS} some deal w/ aapl
[09:44] {munky} ty
[09:45] {munky} its one for dino
01[09:45] {@Threei}  1:3  OUT
01[09:45] {@Threei}  Pixelworks Inc Reports Q4 $0.00 v $0.06e, R$15.0M v $15.0Me- CEO: We enter 2014 with significant traction on a number of exciting growth opportunities driven by strong product momentum, including the ramping of our product created as part of a co-development agreement, further monetization of our valuable technology portfolio, as well as the formal introduction of our technology into the mobile market.
[09:46] {dino} apple relationship, pxlw
[09:48] {dino} pxlw smr s .07
01[09:51] {@Threei}  FB not finding firm footing
[09:52] {munky} fb pivot 71.05
[09:52] {munky} fb s1 70.13
01[09:52] {@Threei}  eeck
01[09:52] {@Threei}  another one bitten by nemo
[09:52] {nemo} jobs report Thursday
[09:52] {RonS} $P In the release, Pandora said it "intends to discontinue its monthly disclosure of key audience metrics.
[09:52] {munky} u never know with this animal
01[09:53] {@Threei}  probably because it's too good Ron
[09:53] {RonS} hehe
01[09:53] {@Threei}  they don't want others to get jealous
[09:53] {fish_49} what is s1 Munky?
[09:53] {ese} frickin basements got water in now from all the flippin rain we've been having......i'm toast for the day cya tomorrow
[09:53] {munky} vad, is that an eeck like geek or eeck like peck?
01[09:54] {@Threei}  wow ese
01[09:54] {@Threei}  good thig I have no basement
[09:54] {dino} cya
[09:54] {munky} seriously fish?
[09:54] {dino} i trade from basement office
01[09:54] {@Threei}  how do I know munky... I barely know how to type things, let alone how to pronounce them
[09:55] {munky} lol
[09:55] {munky} just wanted proper sound effect vad
[09:55] {nemo} squeal like a pig
[09:56] {nemo} you got purdy lips
01[09:56] {@Threei}  grrr
01[09:57] {@Threei}  looking fir short setup on FB, can't find an entry
[09:57] {fish_49} Yea  I was serious Munky  but  now I see you typed  S1 as in Pivot  I thought  you were taking it short there  sorry for the confusion
[09:57] {munky} no prob
[09:58] {dino} cov pxlw .97, +.10, entry off
[09:58] {fish_49} Nice rally this am  Putin cover his short?
[09:59] {RonS} must have since heard he changed his name from putin to callin...
[09:59] {fish_49} covered calls?
[09:59] {fish_49} lol
01[09:59] {@Threei}  lol
[09:59] {nemo} p
01[10:00] {@Threei}  *(US) JAN FACTORY ORDERS: -0.7% V -0.5%E
[10:00] {nemo} they'll shrug that off
[10:01] {fish_49} I'm not sure if true or not but I was looking at a pic on the web this a.m of him acting as a tourist while standing next to Ronnie Reagan
01[10:03] {@Threei} Long Setup:  FB  .25 break
01[10:03] {@Threei}  If holds  .15
01[10:03] {@Threei}  1:1
01[10:04] {@Threei}  here comes second stage of Crimea annexation plan
01[10:04] {@Threei}  parliament voted for joining Russia and set referendum for March 16
01[10:04] {@Threei}  1:2
[10:05] {munky} ty got .1:2
[10:05] {munky} 0ut
01[10:05] {@Threei}  :)
[10:05] {munky} .45
[10:06] {_illyakuryakin} isn't that the day after the Ides?
[10:07] {nemo} et tu?
01[10:07] {@Threei}  yes... but I don't exopect more than 3 persons in the whole Crimea to even get the reference
[10:07] {_illyakuryakin} that too
01[10:07] {@Threei}  let alone the implications
[10:07] {munky} vad, normally i'd let u go home now, but because of yesterday u can not lol
[10:07] {fish_49} why wait until the 16th?
01[10:08] {@Threei}  I don't even ask munky...
01[10:08] {@Threei}  that's how profoundly I realize my fault
[10:08] {_illyakuryakin} better for revenues, fish
01[10:08] {@Threei}  normaly I'd ask after 1:3 on EBAY
[10:09] {munky} and normally id allow it lol
[10:10] {nemo} munky's magnanimity
[10:11] {dino} bita smr l .70
[10:13] {nemo} vxx could be interesting a little later...setting up for the jobs report we might see some buying..if we don't see buying, market likely expects job report to be neutral to positive
[10:17] {dino} out bita .30, +.60
[10:17] {RonS} gj
[10:17] {dino} ty
[10:17] {munky} make the call cap'n
[10:18] {RonS} bita & swallowed...
[10:18] {thomcbell} gm
01[10:18] {@Threei}  thom
[10:18] {munky} hey thom
[10:18] {fish_49} I was watching from the sideline.  Need big  stop for that one.  When mentioned at .70  I pulled up and already at .50  area  lol
[10:20] {munky} vad, when u trade dinos pix how many shares u do?
[10:21] {dino} he doesn't
[10:21] {dino} bita smr l .38 ave
[10:22] {nemo} munky, vad is a sadist, not a masochist
[10:23] {dino} bita stop .10, -.28
[10:24] {dino} rinsed
[10:24] {fish_49} Bita Bit you that time?
[10:26] {dino} reload .30
01[10:27] {@Threei}  l twtr .70 break sm
01[10:27] {@Threei} Long Setup:  TWTR  .70 break sm
01[10:27] {@Threei}  If holds  .55
01[10:31] {@Threei}  nah
[10:32] {munky} stopped
[10:32] {munky} vad giveth vad taketh away
01[10:32] {@Threei}  vad stops making calls then
01[10:33] {@Threei}  stopeth I mean
01[10:33] {@Threei}  small shares, sheesh
[10:37] {fish_49} it's setting up short now  with 10 cent risk
[10:37] {munky} am i in room? was dropped
[10:38] {mojo1} back
[10:38] {munky} some tech issues this morn here
[10:42] {munky} cat strong
[10:42] {dino} out bita .08, +.78
[10:42] {dino} hmmm
[10:43] {fish_49} out too early?
[10:43] {dino} yes
[10:44] {fish_49} looks like could see .80
[10:44] {dino} most likely go positive, good report
[10:44] {fish_49} 50 SMA around .63
[10:44] {dino} pulls back hard tho
[10:45] {thomcbell} which are u talking about dino?
[10:45] {dino} teleport
[10:45] {dino} bita
[10:45] {munky} news bidu?
[10:45] {munky} up 9
[10:46] {dino} bita
[10:46] {nemo} china companies having good earnings reports and Chinese gov't doing there own QE
[10:46] {RonS} agree
[10:48] {dino} vjet drop
01[10:49] {@Threei} Long Setup:  CAT  .80 break
01[10:49] {@Threei}  If holds  .70
01[10:51] {@Threei}  now, this is the friendly face you want to see on the neigbor across the street: http://www.kyivpost.com/media/images/2014/03/02/p18i02hnlk9t5p96gp81i71b7o4/big.jpg
01[10:52] {@Threei}  stop .74
01[10:55] {@Threei}  meh
[11:01] {fish_49} wmt forming C&H on 3 min
01[11:03] {@Threei}  somg
[11:04] {fish_49} or SOMH
[11:04] {fish_49} Son of Male Horse
[11:09] {thomcbell} wow vwap bounce on bita
01[11:10] {@Threei} Short Setup: FB  .20 break
01[11:10] {@Threei}  If holds  .30
01[11:16] {@Threei}  nervous trade
[11:17] {fish_49} i didnt fill
[11:17] {munky} held by tooth
01[11:17] {@Threei}  hmm?
01[11:17] {@Threei}  why not?
[11:17] {munky} saw .30 but my stop was .31
01[11:17] {@Threei}  it's not like it didn't give enough time
01[11:17] {@Threei}  yes
[11:17] {munky} i meant it didnt stop
[11:18] {fish_49} not sure  hit  the sell button at first print of .19  for .18  got 0 shares
[11:19] {fish_49} too late?
01[11:19] {@Threei}  it touched 1 cent from 1;1
01[11:20] {@Threei}  I wouldn't enter it now as secondary
[11:20] {fish_49} I'll sit it out
01[11:20] {@Threei}  and trailing stop to .26
[11:20] {fish_49} munky  how many shares did you get and what fill price?
[11:21] {nemo} lulu may be short here seller at .25, break of .20, time of day becoming an issue
[11:23] {munky} 400 fish
[11:23] {munky} .21
[11:24] {fish_49} I thought so
01[11:24] {@Threei}  out
01[11:24] {@Threei}  should have taken .11
[11:25] {fish_49} Nemo  that big Ask at .25 comes and goes
[11:27] {dino} stx drop
[11:28] {munky} stopped btw
[11:28] {munky} fish
[11:28] {fish_49} sorry
[11:29] {munky} i think the mkts been very hard yesterday and today
[11:29] {nemo} monday and tuesday also because of the gaps
[11:29] {dino} stx smr l .20
[11:29] {nemo} stx is the number 1 weak on the algo dino
[11:35] {dino} meaning?
[11:35] {nemo} there's alot of downward pressure on it
[11:35] {dino} ok
[11:35] {nemo} I'll let you know if it starts to shut off
[11:36] {dino} i'll just have to buy a substantial amount more then
[11:36] {nemo} or partial
[11:36] {dino} joking
[11:38] {fish_49} LULU Classical DBI
[11:38] {dino} pxlw hod
01[11:38] {@Threei}  looking at LULU as well
01[11:39] {@Threei} Short Setup: LULU  .15 break
[11:39] {fish_49}  break of .15 with stop of .26?  or you
01[11:39] {@Threei}  If holds  .25
[11:39] {fish_49} no need to finish my question  lol
01[11:39] {@Threei}  :)
[11:39] {nemo} btw, Fish, when you see the big ask come and go, and price doesn't move up to challenge it, it means there is no buying pressure
[11:39] {fish_49} thanks Nemo
[11:40] {nemo} it's the mole that pops it's head up but nobody wants to whack it
[11:40] {dino} lol
[11:41] {dino} stx .40 wall
01[11:41] {@Threei}  because it has AK-47 in its hands
01[11:41] {@Threei}  and that friendly smile
[11:42] {fish_49} only got 300 shares  waaa
[11:42] {nemo} lulu worked
[11:42] {nemo} shoulda' shorted at .20 fish
[11:43] {fish_49} yea perhaps
[11:43] {fish_49} the risk was small
[11:43] {nemo} yeah, with that seller at .25
[11:44] {nemo} probably not gonna' 'get any biggies today, or at least not until a little later
[11:44] {nemo} stx
[11:44] {nemo} sorry
[11:44] {thomcbell} dang looks like a 17.78 short break if holding 17.90
[11:44] {nemo} that's vwap
[11:44] {thomcbell} i know
[11:44] {thomcbell} looking to short a bounce to 18.20 or so
[11:44] {nemo} and the area of yesterday's close
01[11:47] {@Threei}  frikin FB
01[11:47] {@Threei}  now it works
[11:47] {munky} yea, ur ideas are correct,alot of rinses boss
01[11:48] {@Threei}  irritating
[11:48] {munky} i got 100 .05 lulu
[11:48] {fish_49} FB on my NTL   for awhile  NTL is code for No Trade List
[11:48] {munky} partialed
[11:48] {munky} wanted more out
01[11:49] {@Threei}  trail balance to .21
[11:50] {munky} did u get half out?
[11:50] {munky} i only caufght 100 of 500
01[11:50] {@Threei}  no
[11:50] {munky} ok
[11:50] {munky} u just tightening up
[11:50] {munky} ok
01[11:51] {@Threei}  thought of doing .06 but I think a bit too slow today
[11:54] {thomcbell} great call on bita
[11:54] {thomcbell} absolutely great
[11:55] {nemo} sbux could be a short here
[11:56] {nemo} eh, indexes look like setting up for a stealth breakout
[11:57] {nemo} stx strengthening a tad dino
[11:57] {dino} ty
[12:01] {dino} wwe spike
[12:02] {nemo} cam seller at .84
[12:02] {nemo} .82 actually
[12:08] {dino} bita going to flat, sheesh, called it but sold it way early
[12:11] {fish_49} .84 looks like a struggle for bita
[12:13] {fish_49} took it out
[12:21] {dino} wwe crazy
[12:24] {dino} stx stop is .99, brb
[12:30] {dino} stopped
[12:31] {fish_49} bita  starting to look short below 44
[12:31] {fish_49} ooops  spoke too soon there is the bounce  lol
[12:38] {dino} vrx drop
[12:48] {dino} rtrx spike
[12:49] {dino} vsm l vrx .17
[12:50] {RonS} celg pressure
01[12:51] {@Threei} Short Setup: FB  .90 break
01[12:51] {@Threei}  If holds  71
01[12:52] {@Threei}  change to 71 break
01[12:52] {@Threei}  If holds  .05
01[12:54] {@Threei}  meh
[12:54] {fish_49} I lied  I traded it
[12:55] {fish_49} waaa It's really on my Do not trade list now
01[12:55] {@Threei}  it brough a lot of winning trades over last few months
01[12:56] {@Threei}  couple days it misbehaves, you drop it?
[12:56] {fish_49} until I got here
[12:56] {fish_49} lol
[12:56] {fish_49} I'm joking  I will take every call made
01[12:56] {@Threei}  and this is those same couple days whole market is jerky and patternless
[12:57] {dino} out vrx flat
[12:58] {dino} damn
[12:59] {fish_49} LULU 1:1
[13:01] {thomcbell} spwr looks like a 35.60 short break here
[13:01] {thomcbell} stocks are nuts intraday
[13:02] {dino} too fast to post, re-loaded .50 out .34, +.84 vrx
[13:04] {fish_49} 1 more tick LULU  t
[13:04] {nemo} stx turned off dino
[13:05] {RonS} celg on algo list?
[13:05] {fish_49} LULU 1:2  good call
[13:05] {nemo} yeah, full red on weak side
[13:07] {thomcbell} no go spwr
[13:08] {nemo} celg looks like bounce might be coming
[13:08] {RonS} away up up &
[13:14] {fish_49} Out LULU 1:3
[13:14] {fish_49} Thanks Toad
01[13:14] {@Threei}  wtg
[13:14] {nemo} ribbit
[13:14] {RonS} gj
01[13:14] {@Threei}  read this:
01[13:14] {@Threei}  - France President Hollande: Prep work for the June G8 summit is suspended as of now - If Russia does not engage in negotiations with Ukraine, EU will pursue travel bans, asset freezes and cancel G8 participation - If Russia does more to destabilize Ukraine, more measures will be taken - France wants to avoid suspending military contracts with Russia, will not stop sale of Mistral ships to Russia
01[13:14] {@Threei}  what an incredible hypocrisy
[13:15] {nemo} I'm sure Hollande is buying lube and kneepads
[13:15] {RonS} de Monet
[13:15] {dino} sell them the ships to fight us with
[13:15] {fish_49} We will sell you Weapons  but don't use them on Ukraine  Promise?
[13:15] {fish_49} Scouts Honor?
[13:16] {nemo} France needs the natural gas, despite how much Hollande spews
[13:17] {RonS} grow more garlic & onions?
[13:18] {_illyakuryakin} mushrooms
[13:18] {nemo} Psyllocibin?
01[13:18] {@Threei}  truffles
[13:18] {_illyakuryakin} all types
01[13:18] {@Threei}  searched for by pigs
[13:21] {dino} damn stx rinse
[13:21] {RonS} want celg around 158...might get there...many large cap bios under pressure...rotation...
[13:21] {dino} markets feeling heavy
01[13:27] {@Threei}  FAZ and TZA are supressed so heavily
01[13:27] {@Threei}  really would be nice to get serious market dcrop, these two would become real players
[13:28] {nemo} biotechs getting crushed
[13:31] {dino} wow pllw spike
[13:31] {munky} dino, symbol??
[13:31] {dino} pxlw, sorry
[13:32] {munky} pxlw
[13:32] {dino} yeah
[13:33] {munky} news?
[13:33] {RonS} jesus, you asked this morning and we answered...  :)
01[13:33] {@Threei}  lol
[13:34] {nemo} maybe he's Les
01[13:34] {@Threei}  earnings and some deal with AAPL
[13:34] {fish_49} I told y9ou yesterday He seems just like Les when Les started
[13:34] {dino} aapl news spiking it imo
[13:34] {dino} fish, nah, munky seems to trade better
[13:34] {fish_49} lol
[13:35] {munky} ty on news
[13:35] {munky} huh? fish u think i trade like les?
[13:35] {fish_49} not at all
01[13:35] {@Threei}  you guys know I copy it all in a separate file named "To show Les when he is back so he knows who mocked him the most, this missed him the most"?
[13:36] {munky} i really do not even know him
01[13:36] {@Threei}  this = thus
[13:36] {dino} would expect that
[13:36] {fish_49} Luv You Les
[13:36] {munky} has he been out since ive been in?
[13:36] {fish_49} even More than I luv Nemo
[13:37] {munky} there was someone really nailing it when i first started
01[13:37] {@Threei}  he is on and off with work schedule, munly, should be back in a month or two
[13:37] {munky} weird name like 0-99
[13:37] {nemo} they're transplanting an amoeba's brain into him...he's in recovery
[13:37] {dino} cc9
[13:38] {munky} who was the guy calling trasdes?_99 OR SOMETHING LIKE THAT?
[13:38] {fish_49} cc9 is the one that cloned the phrase BTFD  right?
[13:38] {munky} Sorry caps
[13:38] {dino} y
[13:38] {munky} oh, he was impressive
[13:38] {dino} y
[13:38] {munky} where'd he go???
01[13:38] {@Threei}  (UR) Dep Sec of State: US Govt is currently discussing how to handle US natural gas resources in a method pertaining the Ukraine crisis
01[13:38] {@Threei}  huh?
[13:39] {fish_49} he was a good trader  Just not much about support for DAS  lol
[13:39] {dino} i guess govt will "wish" it over to ukraine
01[13:39] {@Threei}  BTFD is years old internet meme
[13:39] {nemo} yeah, 2010
01[13:39] {@Threei}  there was a cartoon about it
[13:40] {nemo} youtube animation
[13:40] {fish_49} ahhh first time to hear it was when cc9 was frustrated one day
[13:40] {fish_49} Dino  you have any drilling up your way?
[13:40] {nemo} noob
[13:40] {fish_49} Perhaps more Nat Gas coming from PA
[13:40] {dino} i have leases in force with cchk, no wells yet
[13:41] {dino} chk
[13:42] {dino} they have been running new and much bigger pipelines though my area
[13:42] {dino} srne going for gap fill 12.50s
[13:45] {dino} damn missed srne gap fill entry
[13:45] {dino} too fast
01[13:46] {@Threei} Long Setup:  VXX  .40 break
01[13:46] {@Threei}  If holds  .30
[13:46] {nemo} fb
[13:47] {nemo} .80 bid fb
[13:47] {nemo} right through
[13:47] {nemo} she's going to 70
[13:49] {dino} tza l .70
[13:54] {thomcbell} dang was a better setup that last time it came down
01[13:54] {@Threei}  let's trail to .34
[13:54] {thomcbell} more of a shelf up at 18
01[13:55] {@Threei}  half out
01[13:55] {@Threei}  1:1
[13:55] {fish_49} half out also  got .49
[13:56] {munky} out half here .51
01[13:56] {@Threei}  if we get full-blown panic I'll feel much better
01[13:56] {@Threei}  mostly because I enjoy panic
01[13:56] {@Threei}  and miss bear market greatly
01[13:57] {@Threei}  remember "don't panic" sign in Airplane... switching to "OK, panic"
01[13:58] {@Threei}  sheesh FB
[13:58] {munky} maybe we should just full out when mkts like this, only a question
01[13:59] {@Threei}  hard to tell...
[13:59] {munky} s1 fb i posted earlier
[13:59] {munky} 170.13
[13:59] {dino} rnet drop, hooker
[13:59] {munky} basically did it
[13:59] {munky} that was a point higher
[14:00] {munky} vxx rebounds
[14:00] {nemo} [13:46] {nemo} fb
[14:00] {nemo} [13:47] {nemo} .80 bid fb
[14:00] {nemo} [13:48] {nemo} right through
[14:00] {nemo} [13:48] {nemo} she's going to 70
[14:01] {nemo} ain't gonna' make 70 though
[14:01] {dino} tza stop .68 -.02
[14:02] {munky} nemo agree, close enough tho
01[14:03] {@Threei}  out on a trail
[14:05] {fish_49} out on trail ,39
[14:05] {munky} stopped .34
[14:05] {RonS} btw got +.13 vxx thanks 3i
[14:05] {fish_49} ty Vad
01[14:06] {@Threei}  yw
01[14:06] {@Threei}  why .34 munky?
01[14:06] {@Threei}  1:1, stop to b/e
[14:07] {munky} ok, 1:1 gets b/e...forget and put .34 hard in
[14:08] {munky} wish i blew it all out at .51 tho
[14:08] {munky} just because todays been a real b*tch
[14:09] {fish_49} huh  today a bioth?  what do you call yesterday  lol?
[14:09] {mojo1} double biotch
[14:10] {dino} lstr spike
[14:11] {dino} partial fill rnet l .20
[14:12] {fish_49} anything hot in news  to give us that short lived panic?
01[14:14] {@Threei}  no
[14:15] {nemo} they couldn't break the overhead range, so then they go to the otherside
01[14:15] {@Threei}  just a bout of some poisonous substance spreading through someone veins
[14:15] {dino} just say "no"
[14:15] {nemo} people bought in hopes of testing the upper range, now getting out of the way for the jobs report
[14:18] {mojo1} dino what can you do with that, rnet hardly movin,  hide an order in between 90 and 50 say at 77 and hope somebody fills it
[14:18] {thomcbell} might need some sideways here but ubnt 49.50 short break
[14:20] {dino} pretty much, or wait to hit a higher bid
[14:20] {dino} report was good, a beat
[14:21] {mojo1} so where's ur stop
[14:21] {dino} lol, it is wide, thin sucker, hooker spreads, only playing w/200
[14:22] {dino} control risk thru size
[14:22] {dino} would like 49.50s
[14:23] {nemo} spy only 51 mil
[14:23] {mojo1} i don't know what kinda hooker your buying, but i'd run from that
[14:23] {dino} roflol
[14:23] {dino} but they pay me
01[14:23] {@Threei}  lol
[14:23] {dino} just chasig cars, woof!
[14:23] {mojo1} cuz ur their only customer
[14:25] {munky} nemo, i wish u called a bounce buy on fb
[14:25] {nemo} ungrateful bastid
[14:25] {fish_49} it gave you a breakout shot  Munky
[14:25] {fish_49} .62  with .42 stop  half lot
[14:25] {munky} no nemo, i mean call it out
[14:25] {dino} i'm thinking about a teqiola shot
[14:25] {nemo} I called the short, wtf
[14:25] {dino} tequila
[14:26] {munky} i called the short hours before
[14:26] {RonS} celg sm l 7.35
01[14:26] {@Threei}  full room of frikin Nostradamuses
[14:27] {nemo} no, I gave a specific break down on that big bid
01[14:27] {@Threei}  didn't he call FB short in 1654?
[14:27] {fish_49} yes he did  Vad  and he got stopped out
01[14:28] {@Threei}  lol
[14:28] {munky} dont make me come over there with a banana in my pocket nemo
[14:28] {nemo} scary...
[14:28] {nemo} TMI...
[14:29] {nemo} weird week though....gap down,  gap up, doji doji
[14:29] {fish_49} sounds like a football play being called
[14:29] {fish_49} on the break of 3
[14:29] {nemo} OMAHA!
[14:30] {fish_49} need coffee  hold  all calls  (Only the Winners)
[14:31] {RonS} out celg -.20
[14:31] {munky} good stop
01[14:32] {@Threei}  btw, here is a little guide for you lot for when Les is back:
[14:32] {mojo1} what does BTFD mean?
01[14:32] {@Threei}  http://goo.gl/kp5sGT
[14:33] {nemo} BUY THE F'N DIP!
[14:33] {mojo1} lol
[14:34] {RonS} http://www.youtube.com/watch?v=g10kNyuLuF4
[14:34] {nemo} there was another one Doug Kass posted back in 2010
[14:34] {munky} whats "F'N" mean?
06[14:35] * nemo faints
01[14:35] {@Threei}  Fornicated Nicely
[14:35] {fish_49} when I say dip you do what?
[14:37] {fish_49} what is he saying  free white nose con?
[14:37] {mojo1} candy i think
[14:37] {fish_49} what is creating out of thin air?
01[14:38] {@Threei}  money by federal reserve?
[14:38] {fish_49} Must be from the south  I clouldn't understand him  lol
[14:39] {RonS} lol
[14:39] {mojo1} why don't we BTFD
01[14:41] {@Threei}  we do when right setup prsentes itself
[14:41] {mojo1} just checking
[14:44] {munky} whats B.T.F.D ?
[14:44] {dino} hey austin powers (mojo), out rnet .40, +1.20
[14:45] {fish_49} nice  did she swallow?
[14:45] {nemo} poor janitor
[14:45] {mojo1} gj
[14:45] {dino} ty buddy
[14:46] {RonS} rnet contortionist hooker...gj
[14:46] {dino} figured you'd take a ride on that one ron
[14:47] {munky} i would dino, but i gotta know ur stop level
[14:47] {RonS} too wide for me buddy...never masterd buying & selling to myself like you...
[14:47] {munky} christ if i go and say stop it .60 cents
[14:47] {dino} $250 max loss/trade
[14:47] {munky} but u hold it thru a dollar down against
[14:48] {munky} then it rises
[14:48] {fish_49} nerves
[14:48] {dino} doesn't matter, just know your $ stop, control thru size.discipline trumps conviction.
[14:48] {nemo} smaller lot sizes
[14:49] {munky} well, u aswered the question, u are willing to take 250 loss
[14:49] {munky} is that on every trade u post in here?
[14:49] {dino} yes, only 200 on that one. vsm=200, smr=300, sm=400, hl=500, nothing mentioned 1k
[14:50] {munky} ok, so understand it as best as a simian can i guess
[14:50] {dino} munky, no. on huge gapers like that yes. but typically my stop is .33-.36 cents on a trade of 300-400 shares. on 500 -.20, on 1k -.12
[14:51] {dino} but big gappers, i must give chance to work....pulp, as we say
[14:52] {munky} my pen ran out of ink writing down vsmsmrbtfdetc
[14:52] {RonS} http://www.youtube.com/watch?v=1xCXbn4MTnk
[14:53] {dino} lol, but don't trade what i trade until you're more experienced. hookers can hurt you.
01[14:53] {@Threei}  they can?
[14:53] {nemo} not to mention you don't trade what dino trades, unless you understand it
[14:54] {dino} i've been trading full time since 2000, in this room, about 6 years, right vad?
01[14:55] {@Threei}  I'd have to look it up but by memory sounds about right
[14:55] {munky} yea like the hooker in the old movie "fort apache in the bronx"
[14:55] {dino} just remember this and you should be ok: profits=luck; losses=skill.
[14:56] {nemo} imo...indexes probably hang out in this area
[14:56] {nemo} shit gonna' get choppy
[14:56] {fish_49} they recoverd  but the NQ  is still lagging
[14:56] {fish_49} recovered
[14:57] {nemo} this is more about the spy and rut
[14:57] {mojo1} Dino, looks like you're the luckiest bastard with no skill, I've ever seen!
[14:57] {munky} munky falls out of tree laughin
[14:58] {dino} better lucky than good
[14:58] {nemo} yeah, I've said that often
[14:58] {nemo} his wife was probably homecoming queen
[14:58] {dino} timimg and luck play a big part in my life
[14:59] {dino} but remember, some create their own luck
[15:00] {nemo} must be tough to wipe your ass with that horseshoe stuck up there
[15:00] {dino} bitch to sit down
[15:01] {nathan} short MAT .95 break
[15:01] {nemo} .70 range in spy wow
[15:02] {nemo} one could make an argument for vxx long here
01[15:02] {@Threei} Short Setup: SPY  .20 break
01[15:02] {@Threei}  If holds  .30
[15:02] {nemo} pair trade then
01[15:02] {@Threei}  same idea that yours
[15:02] {nemo} yep
01[15:03] {@Threei}  a bit different chart configuration though
[15:03] {nemo} yep
01[15:03] {@Threei}  SPY is inversed C&H, aggressive entry
[15:03] {nemo} mine at vwap support, your's at vwap resistance
[15:03] {dino} nsm spike
01[15:03] {@Threei}  I don't base them on VWAP though
[15:03] {munky} but vxx is cheaper on bp
01[15:03] {@Threei}  just on charts
[15:03] {nemo} I understand
01[15:04] {@Threei}  VXX would probably be .15 break
[15:04] {nemo} vwap on my chart
01[15:04] {@Threei} Long Setup:  VXX  .15 break
01[15:04] {@Threei}  If holds  .05
[15:04] {munky} ill gao zvxx
01[15:04] {@Threei}  munky switched to Chinese
[15:04] {nemo} frickin gui lo
[15:05] {dino} f#ck, rnet at 51s
01[15:05] {@Threei}  maybe aggressivER still on SPY... .25 break
01[15:06] {@Threei}  with .36 stop
[15:06] {nemo} ahhh, rorschach stock, huh dino
[15:06] {dino} bumming, i sold at 49.40
01[15:07] {@Threei}  SPY... with any luck, this can turn into a large trade
[15:07] {fish_49} If Spy works  the VXX trade should also?
01[15:07] {@Threei}  yes
[15:08] {dino} vxx, viix
[15:08] {dino} xiv should drop
01[15:08] {@Threei}  want this paired trade to be come a day saver
[15:08] {nemo} you may actuall see an outsize gain on vxx
01[15:08] {@Threei}  2 1:3ers
01[15:09] {@Threei}  at least, may be more
01[15:09] {@Threei}  if real panic comes and that large inverted C&H hits
[15:09] {munky} so u think mkt falls into close , why?
[15:09] {nemo} methinks insurance gets bought more than spy gets sold
01[15:09] {@Threei}  because if the chart configuration?
[15:09] {nemo} weekly options coming due
01[15:10] {@Threei}  of
[15:10] {dino} nemo, think that happens more tomorrow going into weekend
01[15:10] {@Threei}  and volume
[15:10] {nemo} jobs report dino
01[15:10] {@Threei}  look how volume shapes up on that C&H
[15:10] {dino} munky, don't think.
01[15:10] {@Threei}  or at least think twice before thinking
[15:11] {dino} don't let opinions (thinking) get in the way of making $$$
[15:11] {nemo} SOMG
[15:11] {nemo} SOB
[15:11] {nemo} Les
06[15:12] * dino slaps nemo around a bit with a large trout
06[15:12] * nemo slaps dino around with an Rem 870 mariner
[15:12] {dino} raising the stakes
[15:12] {nemo} hehehehe
[15:13] {nemo} never bring a trout to a gunfight
[15:13] {dino} lol
[15:13] {fish_49} I agree
01[15:13] {@Threei}  lol
01[15:13] {@Threei}  drop already SPY
[15:13] {nemo} I used to love fly fishing for trout when I was a kid
[15:14] {_illyakuryakin} a trout will give you a good slap
[15:14] {nemo} so won't the recall from an 870
[15:14] {nemo} recoil
[15:14] {nemo} sheeesh
[15:14] {nemo} spy going back to vwap
[15:14] {fish_49} out VXX
01[15:15] {@Threei}  no go
01[15:15] {@Threei}  SPY's last hope
[15:16] {munky} tough day
[15:17] {nemo} yeah, I'll just bend over and take it like a man
[15:17] {munky} no kidding, ass cracker
[15:17] {nemo} I guess I can hope for a kiss behind the ear or a reach around
[15:17] {fish_49} most men dont bend over and take it... Tell us what yo mean Nemo
[15:18] {nemo} I'll show you when I see you fish
[15:18] {fish_49} keeping my soap on the rope
[15:19] {munky} 7 more days in a row like yester and today and u guys will be free of the munky
[15:20] {dino} hmmm, up 11 days in row here
[15:20] {dino} just jinxed myself i'm sure
[15:20] {fish_49} I will collect my share  and can I also collect for Alex?
[15:20] {munky} bend over and ill give u another horse shoe
[15:21] {fish_49} Do you ever play Horse Shoes? Munky?
[15:21] {dino} barrels
[15:22] {fish_49} quarter?
[15:22] {fish_49} Feels  like all is quiet b4 the storm  lol
[15:23] {dino} munky, w/respect. you must never forget rule # 1
[15:23] {munky} horseshoe was nemos joke
[15:23] {nemo} this is a long setup on vxx again, but indexes are so close to vwaps
[15:24] {dino} rule # 1: you must stay in the game.
[15:25] {dino} strange, 07 running mostly red but markets staying up
[15:26] {fish_49} [15:24] {dino} rule # 1: you must stay in the game.
[15:26] {fish_49} Very Good Point
[15:26] {dino} never forget that or you won't be here
01[15:31] {@Threei}  I hate today
01[15:31] {@Threei}  bit less than I hated yesterday but still
[15:31] {fish_49} more than yesterday?
01[15:31] {@Threei}  no
01[15:31] {@Threei}  got 1:3 and 1:2 earlier, and some scalps
01[15:32] {@Threei}  yesterday was hopeless
[15:32] {munky} ther last two trades were like kicking me when im down lol
[15:35] {fish_49} Toad...  VXX is  the ETF  for the VIX right?  and the Vix is supposed  to represent the fear in the S&P?
[15:35] {nemo} yep, and it looks like nobody is afraid of the jobs report
01[15:35] {@Threei}  generally, yes
[15:38] {nemo} frickin' vwap
[15:38] {fish_49} on?
[15:38] {nemo} indexes, that's where vxx iwm and spy will end up, maybe even finnies
[15:42] {mojo1} nemo are you saying vxx would end at the vwap 43.03 give or take
[15:43] {nemo} I may be wrong about vxx, since there seems to be no fear, but finnies are coming into vwap so is iwm, spy is .10 below...I expect them to be in spitting distance
[15:43] {nemo} this is time to get chopped up
01[15:45] {@Threei}  if SPY drops now I am going to eat my keyboard
[15:45] {nemo} yeah, I got the sig out
[15:45] {fish_49} Wasabi?  Soy Sauce?
[15:45] {nemo} ?
01[15:45] {@Threei}  also, ask munky for banana and cut my wrist with it
[15:46] {dino} gun to the head time
[15:46] {mojo1} me too
[15:46] {nemo} nah, I'll just put it in my mouth
[15:46] {nemo} .40 cal glaser rounds....should be sufficient
01[15:46] {@Threei}  TMI
[15:46] {fish_49} you dont live in high rise  do you Vad?
01[15:46] {@Threei}  mother... 1:1
01[15:46] {@Threei}  another rinse
[15:46] {fish_49} oh ur still in the SPY trade?  I didnt  take it
01[15:47] {@Threei}  no
01[15:47] {@Threei}  it rinsed
01[15:47] {@Threei}  and no on high rise
[15:47] {mojo1} rinsed me too
[15:48] {mojo1} and i getting ready to jump out the window
01[15:48] {@Threei}  don't remember last time when we had 2 losing days in a row
[15:48] {fish_49} I would jump out my window  but  I'm in the basement
[15:49] {nemo} saw movie Last Vegas...it was o.k., but there is a hilarious scene with Morgan Freeman escaping out the window
[15:49] {fish_49} ok  spy bounce here  07
01[15:49] {@Threei}  nope...
01[15:49] {@Threei}  it will drop now and make me cry
[15:49] {fish_49} it bounced  Vad
[15:49] {fish_49} I didnt  say how high
01[15:49] {@Threei}  yes... 3 cents
[15:49] {fish_49} but it bounced  lol
[15:51] {fish_49} according to the rules ,  it has to bounce back up to .32  b4 the close
01[15:51] {@Threei}  1:2
01[15:51] {@Threei}  this is one not very tasty keyboard
[15:51] {fish_49} I'm holding breath  Please let me know when it bounces
[15:52] {fish_49} vxx short here
01[15:52] {@Threei}  let me try to bite of the other part, numeric
01[15:52] {@Threei}  nah, same crap
[15:52] {munky} interesting nemo, vxx made to vwap
[15:53] {nemo} yep
[15:53] {dino} nemo's good at picking areas
[15:53] {nemo} now let's see what they do with the indexes
[15:53] {dino} calling it a day all, happy hour calls
[15:54] {dino} thx for ideas
[15:54] {fish_49} take care Dino
01[15:54] {@Threei}  takecare dino
01[15:54] {@Threei}  SPY... can't believe this rinse
[15:54] {dino} will do, gn
[15:54] {fish_49} I'm waiting  to see if Vad  can eat the entire KB  in one sitting
[15:54] {nemo} here comes a bounce, let's see
[15:55] {nemo} need my doji
[15:55] {fish_49} ok  so there is the bounce  I called
[15:55] {fish_49} and  there is the short on the VXX
[15:55] {fish_49} I called it back in 1856
[15:55] {fish_49} lol
[15:56] {fish_49} hey  good night all
[15:56] {fish_49} it was a losing day but  I had fun and learned a bit doing it
[15:56] {fish_49} thanks
01[15:56] {@Threei}  OK guys, have a good evening
01[15:56] {@Threei}  see you tomorrow
[15:57] {munky} ok goodnite
[16:01] {mojo1} otay
[16:01] {mojo1} gn