Monday, March 24, 2014

March 24 2014

Nice way to start the week, with 1:3 opening trade (short EBAY), and many more winners throughout the day. MCD, WMT, YHOO, VXX etc.

01[13:44] {@Threei}  ant_trade, what are you doing here?
Session Time: Mon Mar 24 00:00:00 2014
01[09:08] {@Threei}  (US) Feb Chicago Fed National Activity Index: +0.14 v +0.10e
[09:15] {dino} .
[09:16] {cosmo} good point dino
01[09:16] {@Threei}  morning guys
[09:17] {fish_49} gm all
01[09:18] {@Threei}  fish :)
[09:21] {RonS} hello gents
01[09:21] {@Threei}  ron :)
[09:23] {mojo1} gm all
01[09:23] {@Threei}  mojo
[09:26] {ese} morning
01[09:26] {@Threei}  ese
01[09:26] {@Threei}  C is interesting so far, for .35 break
[09:27] {ese} spring break over.......f.irst day back at school
[09:27] {RonS} the beat goes on, eh ese?
01[09:27] {@Threei}  you are very happy, I bet
[09:28] {munky} morn
[09:28] {ese} would rather be spending it with you all for sure......but the kids in my program are great
[09:29] {ese} ron munky
01[09:29] {@Threei}  munky
[09:29] {ese} yup the beat goes on ron
[09:30] {cosmo} yea...the famous 4/4 beat...
[09:30] {goinshort} morning all !!!
01[09:30] {@Threei}  gs :)
01[09:30] {@Threei} Long Setup:  C  .30 break
01[09:30] {@Threei}  If holds  .20 
01[09:31] {@Threei}  Invalidated  
01[09:31] {@Threei} Short Setup: EBAY  .40 break hl
01[09:31] {@Threei}  If holds  .50 
01[09:33] {@Threei}  1:1  
01[09:33] {@Threei}  1:2  
[09:33] {thomcbell} hlf looks like 53 long break
[09:34] {thomcbell} with 0.50 cent wide 
01[09:35] {@Threei}  1:3  
01[09:35] {@Threei}  out
[09:35] {fish_49} ty  good call
01[09:35] {@Threei}  yw
[09:35] {goinshort} thanks V !!
01[09:35] {@Threei}  :)
01[09:36] {@Threei} Long Setup:  EBAY  .10 break hl
01[09:36] {@Threei}  If holds  57 
[09:37] {RonS} naz dive
01[09:37] {@Threei}  change to .05 break
01[09:37] {@Threei}  If holds  .95 
01[09:37] {@Threei}  hl still
01[09:38] {@Threei}  nope
[09:38] {fish_49} it will go
[09:38] {fish_49} just not right now  lol
[09:39] {dino} fri swing, out geos 65.75, +3.75
01[09:39] {@Threei} Long Setup:  C  .30 break
01[09:40] {@Threei}  If holds  .20 
[09:40] {dptl} good morning
01[09:40] {@Threei}  dp
01[09:44] {@Threei}  ok C, let's go
[09:45] {fish_49} If C goes to 1:4  I won't include them when I file Bankruptcy
01[09:46] {@Threei}  no go
[09:46] {fish_49} C Sucks
[09:46] {fish_49} lol
[09:46] {fish_49} wmt?
01[09:47] {@Threei}  not yet
[09:47] {dino} bio blood bath again
01[09:47] {@Threei}  watching it for a while, uncertain
01[09:53] {@Threei} Long Setup:  IWM  .40 break hl
01[09:53] {@Threei}  If holds  .30 
[09:53] {ese} ddddddddddddddddddddppppppppppppppppppp!!!!!!!!!!!!!!!111
[09:53] {dino} lci smr l .99, hooker type
[09:55] {dino} gild smr l .97
01[09:56] {@Threei}  stop to .34
01[09:56] {@Threei}  half out
01[09:57] {@Threei}  stop to .39
[09:58] {dptl} ese :)
[09:59] {nemo} tight frickin' market
[10:00] {munky} feels weak
[10:00] {munky} stromnger to downside
01[10:03] {@Threei} Long Setup:  WMT  .20 break
01[10:03] {@Threei}  If holds  .10 
[10:03] {dino} lci stop -.35
01[10:05] {@Threei}  no news for this market slide
01[10:06] {@Threei}  feels like genuine fear of something ahead
[10:06] {RonS} other than the Russian Army massing on the Ukraine border?
01[10:07] {@Threei}  who knows
01[10:07] {@Threei}  maybe that
01[10:07] {@Threei}  maybe something else
[10:08] {RonS} airliner teleported to spaceship?
[10:08] {RonS} ese goes back to school?
01[10:08] {@Threei}  tensions are very high over there, rallies demanding referendum and cessation in Donets and Khariv, with people killed
01[10:09] {@Threei}  Donetsk
01[10:09] {@Threei}  stop .19
01[10:11] {@Threei}  out balance on a trail
[10:12] {fish_49} FB dying today
[10:13] {RonS} NSA gonna kill them over Zuck criticism?
01[10:14] {@Threei}  lol
[10:14] {fish_49} yea  Big Brother Always wins
01[10:14] {@Threei} Long Setup:  JPM  .80 break
01[10:14] {@Threei}  If holds  .70 
[10:15] {dino} lci reload ave smr l .25
[10:15] {dino} wide
[10:16] {ese} in
01[10:17] {@Threei}  SPY looks ready for a bounce finally
01[10:20] {@Threei} Long Setup:  IWM  .45 break hl
01[10:20] {@Threei}  If holds  .35 
[10:21] {dino} out gild .37, +.40
01[10:21] {@Threei}  1:1  
01[10:21] {@Threei}  JPM
[10:22] {ese} jpm ½ +.15
[10:22] {RonS} took +.20 JPM  thanks 3i
01[10:22] {@Threei}  1:2  
01[10:22] {@Threei}  yw
[10:22] {ese} tks from me as well
[10:22] {ese} full .99 +.19
[10:23] {dino} gj guys
[10:23] {RonS} entered jpm at .78 after .80 break...
01[10:23] {@Threei}  1:1  IWM 
[10:24] {RonS} unreal tick is positive and has not been bad all morning...
01[10:25] {@Threei}  out last 1/4 on a trail
[10:25] {fish_49} ty
[10:26] {dino} markets feel heavy
01[10:27] {@Threei}  feels like controlled fear of sorts
[10:27] {fish_49} markets need to go to Houston
01[10:27] {@Threei}  "I want out but orderly, not in panic"
[10:28] {RonS} ?
[10:28] {fish_49} that is where all the Heavies go to get that special surgery
[10:29] {fish_49} you never watch that show Ron?  600 pound beauties?
[10:29] {ese} egggzatilly.........ya ya ya no .........ya don't ;panic....................phew
[10:29] {RonS} why show? just go to Walmart...
[10:29] {fish_49} lol
[10:31] {fish_49} no longer orderly
[10:33] {dino} bib smr l .15data gap fill early feb
[10:33] {dino} bib cx
01[10:33] {@Threei} Long Setup:  FB  .60 break hl
01[10:34] {@Threei}  If holds  .50 
01[10:34] {@Threei}  change to .55 break
01[10:34] {@Threei}  too fast
01[10:35] {@Threei}  if took .60, 1:1
[10:40] {munky} u got read WMT vad?
01[10:40] {@Threei}  would get interested on pullback onder .25
[10:41] {dino} bib smr l .15 gappy
01[10:44] {@Threei} Long Setup:  EBAY  .50 break hl/l wmt .25 break
01[10:44] {@Threei}  grr
01[10:44] {@Threei} Long Setup:  WMT  .25 break
01[10:45] {@Threei}  If holds  .20 
[10:45] {fish_49} missed
01[10:45] {@Threei} Long Setup:  EBAY  .50 break hl
01[10:46] {@Threei}  If holds  .40 
01[10:47] {@Threei}  1:1  WMT 
01[10:47] {@Threei}  change EBAY to .40 break
[10:49] {dino} bib stop
[10:49] {dino} taking a break
01[10:49] {@Threei}  Invalidated  
[10:59] {fish_49} The plane was found in the Indian Ocean
01[11:00] {@Threei} Short Setup: MCD  .50 break
01[11:00] {@Threei}  If holds  .60 
01[11:01] {@Threei}  1:1  
[11:15] {RonS} .
01[11:16] {@Threei} Long Setup:  EBAY  .45 break hl
01[11:16] {@Threei}  If holds  .35 
01[11:21] {@Threei}  Russia announced on Monday that it was barring 13 Canadian officials, lawmakers and public figures from the country in retaliation for sanctions imposed by Canada over Russia's annexation of Crimea.
01[11:21] {@Threei}  Harper won't be able to have his kids educated in Kaluga??
[11:22] {fish_49} he can buy cheap booze in the duty free shop on the way home
01[11:22] {@Threei}  stop to .46 MCD
01[11:23] {@Threei}  do these three look like a happy bunch?
01[11:26] {@Threei}  1/4 more out MCD
01[11:26] {@Threei}  stop to .41
01[11:30] {@Threei}  no go EBAY
01[11:35] {@Threei}  closed last piece MCD
01[11:44] {@Threei}  (RU) President Obama recommends expulsion of Russia from G8
[11:45] {fish_49} who will vote?
01[11:45] {@Threei}  asked Puting racking up his rifle?
[12:26] {dino} .
[12:35] {RonS} scty flameout
[12:36] {dino} partial out enta .03, +1.88
[12:37] {fish_49} nice
[12:37] {dino} out remainder
[12:37] {munky} i think market tanks into bell today down 300 +
[12:37] {dino} ty, needed that
[12:37] {dino} last time you said that it did
[12:38] {munky} just now power in any bounce attempts
[12:38] {munky} was panicy this morn
[12:48] {dino} just feels off, if you know what i mean
[12:49] {munky} not off, terrific downward pressure, if we were short most of morning be grinning
[12:50] {munky} but the ole BTFD was crap today
[12:50] {munky} still is so far
[12:50] {fish_49} The STFR Munky
[12:51] {fish_49} then*
[12:54] {RonS} gmcr crush
[12:55] {dino} not really munky, the bio btfd worked, just had to find bottoms
[12:55] {dino} look, gild, bib, enta, lci
[12:56] {munky} WMT was a superstar
[12:56] {munky} again
[12:56] {munky} and vxx
[12:56] {dino} data interesting, another gap 75.41
01[12:58] {@Threei} Short Setup: EBAY  .20 break
[13:01] {RonS} bwld broken wing bounce
[13:01] {dino} mojo, you see geos?
01[13:02] {@Threei}  GEOS Seafloor Geophyisical says planning to raise the needed equity during this summer and will take delivery from Geospace after that funding is in place
[13:03] {dino} rode it from fri close to close 62 until this a.m., 65.75. mojo and i were discussing it
[13:03] {munky} yup remember that
[13:04] {mojo1} how'd u make out
[13:04] {munky} and vad and i werre talking about wmt
[13:05] {dino} took 3.75 out of it
[13:05] {mojo1} gj
[13:05] {dino} damn missed data
01[13:13] {Threei}  Invalidated  
[13:30] {RonS} adbe sm l .87 s/l lod
01[13:31] {Threei} Long Setup:  WMT  .65 break
01[13:31] {Threei}  If holds  .60 
[13:35] {munky} u got any target? .90 area?
[13:35] {munky} over 77?
01[13:35] {Threei}  no idea
01[13:36] {Threei}  just riding it
01[13:36] {Threei}  1:1  
[13:43] {nathan} hi all!
[13:43] {munky} hi nat
01[13:43] {Threei}  hey nathan
[13:43] {fish_49} Good Day Nathan
[13:44] {nathan} is everything better than friday
01[13:44] {Threei}  pretty good
[13:44] {munky} sell from hell this morn
[13:44] {nathan} good to know
[13:44] {fish_49} If WMT goes to 1:7  I will buy all my Christmas gifts at wally world  next Christmas
01[13:46] {Threei}  .80 is main treshold now
[13:47] {RonS} adbe to b/e
[13:52] {RonS} adbe to .00
01[13:55] {Threei}  nice C&H WMT
[13:55] {dino} gj
01[13:55] {Threei}  let's break
[14:02] {RonS} adbe to .10
[14:07] {RonS} out adbe 65.18 +.31
[14:07] {fish_49} nice
01[14:07] {Threei}  wtg
[14:08] {dino} gj
01[14:10] {Threei} Short Setup: EBAY  .60 break
01[14:11] {Threei}  If holds  .70 
01[14:12] {Threei}  with trail to .66 after losing .55
01[14:16] {Threei}  trail
[14:16] {munky} vad any read vxx?
[14:16] {munky} nemo, u got a read on vxx ?
01[14:17] {Threei}  pullback ro .80 would get me interested
01[14:17] {Threei}  1:1  
01[14:19] {Threei}  closed WMT balance on a trail
[14:20] {fish_49} same here  I heard Click Click while taking a restroom break  lol
[14:26] {fish_49} out Ebay on Trail  ty
01[14:26] {Threei}  yw
01[14:28] {Threei} Long Setup:  VXX  .70 break hl
01[14:28] {Threei}  If holds  .60 
01[14:31] {Threei}  trail to .64
01[14:31] {Threei}  1:1  
[14:39] {dino} hum-dee-dum
[14:40] {fish_49} out on trail  ty
01[14:40] {Threei}  yw
[14:49] {nathan} my worst day in a long day
01[14:49] {Threei}  ?
[14:49] {nathan} i f**** it up  in every trade
01[14:49] {Threei}  how?
[14:50] {nemo} he got out of bed
[14:50] {nathan} following my belives not the market
01[14:50] {Threei}  every trade since you connected was a small but winner
[14:50] {dino} nemo kicking them when they are down
[14:50] {nathan} yeah i follow mine today and..
01[14:50] {Threei}  trade what you see, not what you think
[14:50] {nemo} love tap dino
[14:50] {nathan} overtrade and revenge trading
[14:50] {nathan} sucks
[14:51] {nemo} I haven't been able to read diddly squat today
[14:51] {nathan} you're right vad, but...
01[14:51] {Threei}  nathan... if I may chime in with suggestion...
01[14:52] {Threei}  I see this sometimes, in different variations:
[14:53] {nathan} yes pls go ahead
[14:53] {nemo} indexes look short here, but question is do they drop vwap
01[14:53] {Threei}  people join our room, and trade whatever they think is right, as if the very fact of being in the room should make them profitable
[14:53] {fish_49} Nemo cant read squat today?  and how is that different from any other day?  I bet Nemo Squats  to pee
[14:53] {nemo} oh fish
[14:53] {RonS} oof
[14:53] {nemo} I'm so fragile
01[14:53] {Threei}  it's not enough to be here, also got to trade with us
[14:53] {nemo} questioning my nemohood
[14:54] {fish_49} lol
[14:54] {RonS} lol...classic
[14:54] {fish_49} Love you brother
[14:54] {nemo} yeah, like Cain loved Abel
[14:54] {dino} haven't had a trade since 1:00ish, not seeing anything
[14:55] {nathan} yep but the fact is that today I made old mistakes i thought i they were overcome
01[14:55] {Threei}  if you don't feel that our trades are in tune with your vision, back off and paper trade them until you get comfortable with our read, your own read or some combination of both,
01[14:55] {Threei}  but take advantage of being here
[14:55] {nemo} may I interject...
[14:56] {nathan} thanks Vad
01[14:56] {Threei}  and on making olf mistakes, let's do this
01[14:56] {Threei}  any trade shough be based on a certain setup
01[14:56] {Threei}  not on your idea of where the market should go.
01[14:56] {Threei}  So, grab a Post-It,
01[14:56] {Threei}  write on it in big red letters:
01[14:57] {Threei}  "IS THERE SETUP FOR THIS TRADE???"
01[14:57] {Threei}  slap it on your monitor,
[14:57] {nathan} i'm doing it right now
01[14:57] {Threei}  and look at it every time before clicking that buy button
01[14:57] {Threei}  if not, slowly back off
[14:57] {nemo} and then ask yourself one more question..."Am I taking this call because it's a valid setup, or is an emotion driving me?"
[14:57] {dino} good advice. my rules are posted on the wall
01[14:58] {Threei}  and if this doesn't work, here is stronger version
01[14:58] {Threei}  take a summary of the month when you traded what you thought and not the setups,
01[14:58] {Threei}  write the total of your loss on another Post-Ot,
[14:58] {nathan} I got plenty examples of it
01[14:59] {Threei}  with comment: PRICE OF MY STUPIDITY: $XXX
01[14:59] {Threei}  and again, look at it every time
[14:59] {nemo} can also just ask opinions here as a gauge
01[14:59] {Threei}  and ask yourself whether this trade is going to contribute to that stupidity fudn
01[14:59] {Threei}  it's rude, and it works
01[15:00] {Threei}  because it's brutrally honest
[15:00] {nemo} I was dcc'ing with Vad this morning:  [10:52] {nemo} shitty reads here for me
[15:00] {nemo} [10:53] {Threei} yeah, jelly
[15:00] {nemo} [12:24] {nemo} now we've been flat since 11
[15:00] {nemo} [12:24] {Threei} and I ceased the calls
[15:00] {nathan} thanks a lot for your contributions, believe me i'll do so
[15:00] {dino} gnca spike
[15:01] {nemo} [14:11] {nemo} kinda' like shoving barbed wire up your @%#$
[15:01] {nemo} [14:11] {Threei} ouch
[15:01] {nemo} [14:11] {Threei} don't
[15:01] {nemo} [14:11] {Threei} I havbe vivid imagination
[15:01] {nemo} [14:24] {nemo} find myself forcing
[15:02] {RonS} nathan, if all that fails, buy a cat-o-nine this :  ...and get to it...
[15:02] {nemo} a scourge
[15:02] {nemo} buy
[15:03] {nathan} what's this band???
[15:03] {RonS} we are devo d e v o...
[15:03] {nemo} lat 70's
[15:03] {nemo} guitar player just died
[15:03] {dino} nathan, sometimes for me, best thing is to walk away for an hour. take the dog for walk. clear your head. then come back, its as new day has started
[15:03] {nemo} late 70's
[15:04] {dino} i took an hour break today, first couple trades went wrong
[15:04] {RonS} nus nuked
[15:05] {RonS} guessing newman showed up...
[15:05] {dino} nus, i don't know how to trade it, too much headline risk for me
[15:05] {nathan} thanks dino
[15:06] {dino} np, we all have those kind of dats
[15:06] {RonS} ergo nus as in noose...
[15:06] {nemo} could be worse, could be Les, he has that kind of life
[15:06] {nemo} yeah right
[15:06] {dino} kdats=days
[15:06] {nemo} living in Switzerland
[15:06] {nemo} sheesh
[15:06] {dino} lol, dats=days
[15:07] {nemo} dinospeak
[15:07] {dino} need to look at keyboard more when typing
[15:07] {nemo} dinoero
[15:07] {nathan} lol
06[15:07] * nemo pats himself on the back
06[15:08] * nemo thinks, "I'm quite witty."
01[15:08] {Threei}  careful
01[15:08] {Threei}  that's how shoulders get dislocated
01[15:08] {Threei}  ask me how I know
[15:09] {nemo} yeah, did that once on the rings in the middle of an iron cross
[15:09] {nemo} "pop!"
[15:09] {nemo} by the time I hit the ground it had popped back in
[15:11] {nemo} think I consumed a fair amount of liquid pain killer that night
[15:12] {dino} if you can't remember, then yes you did
[15:12] {nemo} it was 35 years ago
[15:12] {RonS} TMI...nemo as a spinner...that picture several years ago, you looked too big...
[15:13] {nemo} huh?
[15:13] {RonS} neighbor or someone with a buck...
[15:13] {nemo} mmmhhhh...nope I'm all of 5' 6"
[15:13] {fish_49} truth be said, it was an injury in the McDonalds Play Land Room
[15:14] {nemo} yeah, was trying to pick up a date
[15:14] {RonS} wow, explains a lot...Napolean complex and all...
[15:14] {dino} lol
[15:14] {RonS} Napoleon
[15:14] {nemo} nah, homicidal, not Napoleon
[15:14] {nemo} just leave bunny out of this
[15:15] {nemo} although....
[15:15] {nemo} helping souls transition is, in the words of Lloyd Blankfein, "doing God's work..."
[15:15] {nathan} take care guys
[15:16] {fish_49} have a good one Nathan
[15:16] {nathan} hope to see you tomorrow
[15:16] {nemo} go have a pitcher of sangria
[15:16] {nemo} or three
[15:16] {nathan} jajaja
[15:16] {nathan} did u taste it?
[15:16] {nemo} of course
[15:16] {nemo} lots of it
[15:16] {nemo} also made the mistake of drinking the water
[15:16] {nathan} until yo got drunk
[15:16] {nemo} oops
[15:17] {nathan} lol
[15:17] {nemo} that was 30 years ago
[15:17] {nemo} I was on the Costa Brava, and then in Barcelona
[15:17] {nathan} really?
[15:17] {nemo} yes...even went to a bullfight
[15:18] {fish_49} did you wath the bulls run the streets?
[15:18] {nemo} lotta' jelly fish down there
[15:18] {nathan} like the good tourists!
[15:18] {nemo} no...wasn't in Pamplona
[15:18] {nemo} I'm insane, not stupid
[15:18] {nemo} there is a difference
[15:18] {munky} lex luther was a genius but insane
[15:18] {nathan} lol
[15:19] {nemo} yeah a bullhorn suppository was not high on my agenda
[15:20] {fish_49} but a Bull named Bob was?
[15:20] {nemo} come to think of it though, did see a matador get launched over the wall
[15:20] {nemo} weak fish
[15:20] {fish_49} yea weakfish is a cousin of mine
[15:20] {fish_49} Sea Trout
[15:20] {nemo} saw that coming
[15:20] {dino} gn nathan
[15:21] {nemo} Can't see any self-respecting trout having anything to do with you
[15:21] {fish_49} damn  I don't have a come back for that one Toad ...  Good one
[15:22] {nemo} Reminds me...watched "A River Runs Through It" again this weekend
[15:23] {munky} luv that movie
[15:23] {RonS} have seen the Madison from Ennis Mt to Bozeman, great river...
[15:23] {nemo} yeah, they really got fly fishing right
[15:24] {RonS} went up there over July 4th and it freakin snowed...unreal
[15:25] {nemo} @DougKass Today's lesson: "Never chase an irrational tape" -Stanley Shopkorn
[15:25] {fish_49} snow in July would be unrel
[15:25] {fish_49} unreal
[15:25] {nemo} unless you're in South America
[15:25] {fish_49} we are supposed to get some more snow tomorrow  it's killing me
06[15:26] * nemo thinks, "We can only hope."
[15:26] {fish_49} man  Nemo is back from the dead
[15:27] {nemo} nothing really happening...nothing worse than a bored nemo
[15:27] {RonS} "I love to chase an irrational tape"  Jimmy Shopkorn (and I don't care)
[15:27] {nemo} ROTFLMAO!
[15:28] {RonS} thinkin 3i thinking, wtf?
[15:28] {nemo} yeah, he wonders why he keeps this place open
[15:30] {fish_49} DOW back in the green
01[15:31] {Threei}  G7 leaders agree to hold summit in Brussels in June instead of attending the G8 hosted by Russia in Sochi - financial press citing France diplomatic source **Note: G7 leaders are meeting at a Nuclear Summit from Mar 24-25th at the Hague; the summit is also discussing the situation in Ukraine
[15:33] {RonS} so, 3i do the Ukrainians have any willingness or capability to fight the Russians?
01[15:34] {Threei}  in open batle, capable of causing damage, way beyond what Gerogians could do, but in all-out will lose ultimately
[15:35] {RonS} tick +1200
[15:36] {fish_49} But the Russian AirForce now has one less Mig 23.  They have to send one to Syria to replace the one shot down last night
01[15:36] {Threei}  I really doubt though that open battle in the steppes is what Putin has in mind
01[15:36] {Threei} Short Setup: EBAY  .65 break hl
01[15:37] {Threei}  If holds  .75 
[15:43] {nemo} vxx might be long here
[15:43] {thomcbell} 44.34 long break 
[15:44] {nemo} or .35 but looks like indexes advancing
[15:49] {nemo} interesting, indexes coming in a bit, but vxx not moving...
01[15:50] {Threei}  1:1  
[15:50] {nemo} there, makes a liar out of me
[15:50] {nemo} well I was that before
[15:53] {dino} calling it a day, gn all
[15:53] {goinshort} see ya all -thanks !!!
01[15:56] {Threei}  closed EBAY
[15:56] {fish_49} same
[15:56] {fish_49} ty
01[15:56] {Threei}  thank you all, have a good evening
01[15:56] {Threei}  see you tomorrow
[15:56] {fish_49} have a great night
[15:56] {dptl} gn