Tuesday, April 1, 2014

Apr 1 2014

Slowish day, with 3 larger wins (C, GM, WMT)  a a few small stops. Positive mostly thanks to a 1:3er on GM in the afternoon. DAL becomes quite a good trader lately


Session Time: Tue Apr 01 00:00:00 2014

[09:06] {dino} gm, spring must be here, i need my visor on this a.m, sun in my eyes
01[09:06] {@Threei}  morning dino
01[09:07] {@Threei}  still dark here
01[09:07] {@Threei}  Russia warned Ukraine against integration with NATO on Tuesday, saying Kiev's previous attempts to move closer to the defence alliance had had unwelcome consequences.
01[09:07] {@Threei}  no kidding
[09:16] {RonS} hello everyone
01[09:16] {@Threei}  Ron :)
[09:17] {dptl} good morning
[09:17] {thomcbell} gm
01[09:17] {@Threei}  dp, thom :)
[09:20] {ese} morning.....
01[09:20] {@Threei}  ese :)
[09:20] {ese} mornin vad
[09:24] {dino} as jesse livermore would say, "when you get lucky, take it". out data 78.08 leftover shares from yesterday, +1.78
01[09:25] {@Threei}  wtg
[09:25] {thomcbell} vrnt is up 4.5% after earnings
[09:25] {thomcbell} these guys could catch a bid
01[09:31] {@Threei} Short Setup: GM  .80 break
01[09:31] {@Threei}  If holds  .90
01[09:33] {@Threei}  trail to .86
01[09:33] {@Threei}  meh
01[09:35] {@Threei} Short Setup: C  .70 break
01[09:35] {@Threei}  If holds  .80
01[09:35] {@Threei}  GM rinse
01[09:37] {@Threei}  Invalidated
[09:38] {thomcbell} aal great chart
[09:38] {thomcbell} looking for a setup long
[09:38] {thomcbell} too erratic
01[09:39] {@Threei} Long Setup:  TZA  .37 break
01[09:39] {@Threei}  If holds  .33
01[09:40] {@Threei}  valid
01[09:41] {@Threei}  Invalidated
[09:41] {nemo} market probably erratic until numbers
[09:43] {dino} markets leaving behind couple gaps down
[09:44] {nemo} Yellen put in place
[09:44] {thomcbell} wow aal
[09:44] {thomcbell} took off
01[09:44] {@Threei} Long Setup:  C  .80 break
01[09:46] {@Threei}  If holds  .75
01[09:48] {@Threei}  IWM non-stop
01[09:49] {@Threei}  1:1
01[09:56] {@Threei}  1/4 more out
01[09:56] {@Threei}  stop .89
01[09:56] {@Threei}  1:2
[09:56] {dptl} out .99 ty
01[09:56] {@Threei}  yw
01[09:57] {@Threei}  stop to .94
[09:58] {dino} gj
01[09:58] {@Threei}  out in full
01[09:58] {@Threei}  too close to numbers
01[09:58] {@Threei}  and to 1:3
01[09:58] {@Threei}  ty
01[09:59] {@Threei}  slowish but smooth trade
01[09:59] {@Threei}  *(US) FEB CONSTRUCTION SPENDING M/M: 0.1% V 0.0%E
[09:59] {dino} these gap higher opens are not my thing
01[09:59] {@Threei}  *(US) APR IBD/TIPP ECONOMIC OPTIMISM: 48.0 V 46.0E
01[10:00] {@Threei}  *(US) MAR ISM MANUFACTURING: 53.7 V 54.0E; ISM PRICES PAID: 59.0 V 59.5E
01[10:00] {@Threei}  to be fair, they are nobody's thing, dino :)
01[10:00] {@Threei}  except 401K holders
[10:01] {thomcbell} aal trades a lot of volume everyday
01[10:09] {@Threei}  ok... this relentless climb has to end somewhere
[10:10] {nemo} mutual fund day we'll nap soon
01[10:10] {@Threei} Long Setup:  TZA  .15 break
01[10:10] {@Threei}  If holds  .10
[10:16] {ese} L plug
[10:16] {ese} .25
01[10:17] {@Threei}  (US) S&P 500 approaches all time high near 1883.50
[10:17] {ese} yup
01[10:19] {@Threei}  President Obama to give a statement on Obamacare at 4:15 pm ET in the Rose Garden
01[10:19] {@Threei}  victory lap?
[10:25] {dino} sheesh, we just going to sit all day like yesterday?
01[10:25] {@Threei}  god, I hope not
[10:25] {dino} ditto
[10:25] {nemo} well, you could always go spend time with your wife
[10:25] {dino} joined you on tza
[10:26] {dino} she's working nemo
01[10:26] {@Threei}  with 5 cents stop, as good pastime as any :)
[10:26] {dino} somebody has to
[10:26] {nemo} we're so close to all time highs, and monthly mutual fund money enters on the closing print today
01[10:26] {@Threei}  so we should see intraday pullback then
[10:28] {ese} don't know bout you all but PLUG is working fine for me
01[10:28] {@Threei}  SPY 188 loss would help us immenselly
01[10:28] {@Threei}  meh
01[10:31] {@Threei} Long Setup:  CAT  .95 break hl
01[10:31] {@Threei}  If holds  .85
[10:38] {ese} hmmmmmmmm interesting article.....KGB(now FSB) favorite method of elimination these days is poison..CBC News: 01,2014 5:00amThe mystery of Irwin Cotler's poisoning in Russia Canadian MP's strange and sudden illness was never investigated
01[10:39] {@Threei}  has been for many years already
[10:39] {ese} appears so
[10:40] {thomcbell} spwr looking long here
01[10:40] {@Threei}  famous spy pollonium poisoning in London
[10:40] {ese} tried to poison a former Ukrainian president in 2004
01[10:40] {@Threei}  yup
[10:40] {ese} ya remember that
01[10:41] {@Threei}  what was it Bush said? Looked in Putin's eyes and saw a soul?
[10:41] {ese} Dioxin.....the stuff backfired but it disfigured him
[10:41] {ese} idiot
[10:41] {cosmo} how about heart attacks?
01[10:41] {@Threei}  no more than Obama
[10:41] {cosmo} they gota be up there
[10:41] {ese} ya get that from being on this board
[10:42] {cosmo} :)
[10:42] {cosmo} i know the feeling
01[10:42] {@Threei}  at least unlike Obama, Bush never confused diplomatic niceties for reality
[10:43] {cosmo} he should said he saw his spirit
[10:44] {dino} bush gets blamed for everything
01[10:44] {@Threei}  haven't you heard? Crimea is his fault
01[10:45] {@Threei}  CAT stop to .89
01[10:45] {@Threei}  1 cent from 1:1
01[10:51] {@Threei}  frikin TZA works now
[10:56] {dino} still in
[10:56] {dino} market thoughts nemo?
[10:58] {nemo} I'm skittish about the mutual fund stuff today...having said that, watch finnies and spy when they get back to vwap, if they can't get above, then we might retrace further...Qs so frickin' strong today, and finnies so weak...crosscurrents
[10:58] {dino} thx, moving stop to .22
[11:02] {thomcbell} aal 37.50 long break if holding 37.40
01[11:03] {@Threei}  gj dino
[11:03] {thomcbell} cancelling that one - AAL
[11:06] {dino} prsc
[11:06] {dino} ty
[11:07] {dino} out tza .25, +.09
01[11:08] {@Threei}  better than my -.06
[11:09] {dino} .04 was stop, got lucky
01[11:09] {@Threei} Long Setup:  WMT  .75 break
01[11:09] {@Threei}  If holds  .65
01[11:10] {@Threei}  (US) All cars are to have rear-view cameras by 2018
[11:10] {dino} smr s prsc .71 risky
[11:14] {dino} cov prsc 35.71, +1.00
01[11:15] {@Threei} Short Setup: CAT  .80 break hl
01[11:15] {@Threei}  If holds  .90
[11:17] {thomcbell} ko 38.61 short break if holding 38.70
01[11:27] {@Threei}  CAT to .86
01[11:28] {@Threei}  HLF Ticks lower on circulation of another China press article that discusses its MLM structure
01[11:30] {@Threei}  WMT to .69
01[11:33] {@Threei}  1/2 meh CAT
[11:37] {dino} prsc ranging 35.50-36.70
01[11:40] {@Threei}  1:1  WMT
[11:40] {thomcbell} im cleaning up ko flat here
[11:40] {thomcbell} not a mover
[11:43] {ese} cmon......lets get a move on here PLUG nickel
01[11:44] {@Threei} Long Setup:  IWM  .25 break hl
01[11:44] {@Threei}  If holds  .15
01[11:48] {@Threei}  1:2  WMT
01[11:48] {@Threei}  with patience, some of them work
01[11:48] {@Threei}  but heck... that's a lot of patience required, LOL
[11:49] {nemo} iwm spy finnies rejecting vwap
[11:52] {thomcbell} dal 35.31 long break
01[11:56] {@Threei}  give us 1:3 WMT
01[11:56] {@Threei}  as a blue light special
01[11:58] {@Threei}  stop to .99
01[12:00] {@Threei}  out
01[12:00] {@Threei}  1:2.5
01[12:01] {@Threei}  nice one DAL, thom
[12:03] {thomcbell} tu
[12:06] {thomcbell} 1:1 finally
[12:19] {dino} gj
[12:20] {ese} gotta go out plug .44 +.19  cya tomorow
01[12:23] {@Threei}  take care ese
[12:23] {dino} gj
[12:24] {thomcbell} taking the dal trader
[12:25] {thomcbell} trade
[12:30] {RonS} ha!  Colorado town considers letting residents shoot at drones: http://bloom.bg/1mvGOUW
01[12:31] {@Threei}  are amazon drones included?
[12:33] {thomcbell} thats awesome
[12:33] {thomcbell} truly
[12:40] {cosmo} it has to during drone season though
[12:40] {cosmo} has to be...
01[12:41] {@Threei}  are they hyperactive at certain time of year?
[12:41] {cosmo} you don't want them to breed...
01[12:42] {@Threei}  right
[12:59] {dino} prsc back to hod
[13:11] {RonS} htgc gone pulp
[13:24] {dino} axe drop
[13:27] {dino} news? can't find anything
[13:28] {RonS} hearing axe buyer balking over price...
01[13:28] {@Threei}  AXE Moves lower on report sales process has stalled out
[13:28] {dino} hmmm
01[13:32] {@Threei}  (US) House Democrat Leader Pelosi (D-CA): President Obama will announce later today that Obamacare has reached 7M enrollments
[13:46] {nathan} HI GENTS
01[13:47] {@Threei}  hey nathan
[13:47] {dino} hey nat
[13:52] {RonS} 1.  how many are paid?  2.  how many had insurance before?
01[13:53] {@Threei}  come on ron... all you need is faith
01[13:57] {@Threei} Long Setup:  DAL  .55 break
01[13:57] {@Threei}  General Motors Corp CEO plans press conference for 16:00ET, following House Commerce Panel hearing at 14:00ET
[13:57] {dptl} yhoo .50 long?
01[13:58] {@Threei}  yes but let's limit it to hl
01[13:58] {@Threei}  time of the day
01[14:05] {@Threei}  OK things... break out
[14:07] {nathan} in
01[14:16] {@Threei}  if DAL continues moving with this blazing speed it risks blisters on its skin
01[14:18] {@Threei}  I mean, just 8 min, and we are already up 4, yes FOUR cents!
[14:18] {nathan} :-)
01[14:18] {@Threei}  10 min
01[14:18] {@Threei}  but still
01[14:19] {@Threei}  anyway... that's faster than Russian troops withdrawal from Ukraine border
01[14:19] {@Threei}  and much faster than fixing Obamacare website
[14:21] {nathan} what happened with the site?
[14:21] {nathan} hacked?
01[14:21] {@Threei}  no... just built by 14 years old, since they were too cheap to hire 16 years old
[14:22] {thomcbell} aal looks like a 38.14 long break here
[14:22] {nathan} what a shame!
[14:22] {dino} axe smr l .63
[14:23] {nathan} dino what does smr means?
01[14:24] {@Threei}  1:1  DAL
[14:24] {nathan} 1:1 DAL
[14:24] {nathan} thanks Vad
01[14:24] {@Threei}  yw
[14:32] {dino} out axe .13, +.50
01[14:34] {@Threei}  wtg
[14:34] {dino} ty
[14:34] {nathan} gj
[14:38] {RonS} lqdt sm l .90
[14:43] {dino} i'll join ya ron
[14:43] {RonS} out flat seeing too much supply lqdt
[14:43] {dino} just bought your shares
[14:43] {RonS} lol...did you see that nathan axed you a question?
[14:44] {nathan} he just ignored me
01[14:44] {@Threei} Long Setup:  GM  .50 break
[14:44] {nathan} lol
01[14:44] {@Threei}  If holds  .45
[14:45] {dino} no
[14:46] {dino} nathan, smr smaller shares = 300
[14:46] {nathan} many thanks!
[14:46] {dino} lqdt stop -.33
[14:50] {dptl} have to go...see ya tomorrow all
01[14:51] {@Threei}  take care dp
[14:51] {dino} cya dp
01[14:58] {@Threei}  wow DAL
[14:59] {nathan} what a pity not to keep some shares
01[15:00] {@Threei}  GM baby
[15:00] {nathan} wwowww
01[15:00] {@Threei}  1:2
[15:00] {nathan} you did that?
01[15:00] {@Threei}  1:3
01[15:01] {@Threei}  happily out
[15:01] {nathan} me too
[15:01] {nathan} thanks
01[15:01] {@Threei}  yw
[15:01] {nathan} happy ending
[15:01] {nathan} nice spike
01[15:01] {@Threei}  GM Reports March US sales +4% y/y to 256K units v 247Ke
[15:02] {nathan} well gents, have  a good night
[15:02] {nathan} dinner is waiting on the table
[15:02] {dino} gn
01[15:02] {@Threei}  you too
01[15:03] {@Threei}  so... nathan had a happy ending, then dinner??
01[15:03] {@Threei}  those europenas are weird...
[15:03] {dino} yeh, should be other way around
[15:03] {dino} lqdt smr l .40
[15:21] {dino} lqdt stop
[15:23] {dino} ron, lqdt a bit messed up
[15:23] {RonS} no kidding
[15:24] {RonS} strange, very few blocks
[15:25] {dino} no news
[15:25] {dino} be watching it tomorrow
[15:28] {dino} gap around 21.34
01[15:38] {@Threei} Short Setup: DAL  .70 break
01[15:38] {@Threei}  If holds  .75
01[15:45] {@Threei}  meh
[15:53] {dino} calling it a day, thx all, decent one
01[15:55] {@Threei}  thank you all, have a good evening
01[15:56] {@Threei}  see you tomorrow