Thursday, April 10, 2014

Apr 10 2014

8 calls, 7 wins, 1 stop for 6 cents. Almost perfect day, with notable 1:4 on WMT short. When  market has a direction, it's embarrassingly easy to make money.

Session Time: Thu Apr 10 00:00:00 2014
[08:51] {thomcbell} gm
01[08:53] {@Threei}  morning thom
[08:55] {thomcbell} are u having  issue signing in today Vad?
[08:56] {cosmo} last night's after (US) market precious metals spike was stronger than usual...fwiw
01[08:56] {@Threei}  no, looks fine thom
01[08:57] {@Threei}  reaction on dowish FOMC minutes I think, cosmo
[08:57] {dptl} good morning
[08:59] {cosmo} k
01[09:00] {@Threei}  dp :)
[09:14] {dptl}  connection problem here
01[09:15] {@Threei}  huh
01[09:15] {@Threei}  contacted mark?
[09:15] {dptl} yes he said there are issues
[09:16] {thomcbell} me too
[09:17] {dptl} they have no idea for how long
[09:28] {ese} morning
[09:28] {RonS} gm
[09:28] {ese} ron
01[09:28] {@Threei}  ese, ron :)
[09:28] {ese} vad
[09:29] {ese} well...i did something stupid this morning.....started downloading the new windows 8.1 an hour and a half ago and it's still not done
[09:29] {ese} am gonna miss the opening
[09:29] {ese} doh!!!!
[09:30] {thomcbell} feye 54.80 short break
[09:31] {nemo} you're done for the day
[09:31] {dptl} you connected Thom?
[09:31] {thomcbell} no
[09:31] {thomcbell} gave it to u all
[09:32] {thomcbell} splk probably a short
01[09:32] {@Threei} Short Setup: EBAY  55 break hl
[09:32] {thomcbell} impv
01[09:32] {@Threei}  Invalidated
01[09:33] {@Threei} Short Setup: EBAY  .05 break hl
01[09:33] {@Threei}  If holds  .15
[09:34] {thomcbell} cien on short watch
[09:34] {thomcbell} 20.93 short break if holding 21
01[09:35] {@Threei}  stop to .11
01[09:35] {@Threei}  1:1
01[09:38] {@Threei}  stop to .01
01[09:38] {@Threei}  1:2
[09:38] {thomcbell} cien got 1:1
[09:39] {thomcbell} same stop
[09:41] {thomcbell} FB looking for a long setup to emerge
01[09:43] {@Threei} Long Setup:  CEAK
[09:43] {nemo} ?
01[09:43] {@Threei} Long Setup:  C  47 break
[09:43] {nemo} wow
01[09:44] {@Threei}  If holds  .90
01[09:45] {@Threei}  1:3  EBAY
01[09:45] {@Threei}  out
[09:45] {thomcbell} spwr looks vulnerable if 30 gives
01[09:45] {@Threei}  1:3  EBAY
01[09:45] {@Threei}  out
[09:45] {nemo} ya know' ebay may be an all day dripper
01[09:45] {@Threei}  grrr
01[09:45] {@Threei}  need to change keyboard
[09:46] {nemo} that 54.94ish was it's attempt to get above vwap, couldn't do it
[09:46] {thomcbell} spwr 30 short break if holding 30.10
[09:49] {thomcbell} cien 1:2
[09:49] {thomcbell} spwr 1:1
01[09:49] {@Threei}  stop to .94
01[09:49] {@Threei}  good read thom
01[09:51] {@Threei}  1:1
[09:51] {thomcbell} spwr 1:2
[09:52] {thomcbell} look to close at 29.70
[09:53] {thomcbell} spwr i would be out
[09:53] {thomcbell} 1:3
[09:53] {dptl} das working now Thom
01[09:55] {@Threei}  interesting divergence between C and JPM
[09:56] {nemo} c warned JPM reports tomorrow
[09:56] {dptl} long pg
[09:59] {thomcbell} fb 62 long break half lot if holding 61.80
[09:59] {thomcbell} too slow
[09:59] {nemo} after 4 days up I'd look for shrots
[09:59] {nemo} shorts
[09:59] {thomcbell} oh boy
[09:59] {nemo} on fb
01[10:01] {@Threei} Short Setup: WMT  .80 break
01[10:01] {@Threei}  If holds  .90
[10:04] {thomcbell} panw on short watch here
[10:04] {thomcbell} the rest of them are getting smoked
01[10:06] {@Threei}  1:1
01[10:08] {@Threei}  nice on PG, dp
[10:09] {dptl} ty
01[10:10] {@Threei}  ese... do you upgrade from Windows XP? or 7?
[10:10] {dptl} short jnj
[10:11] {ese} was from windows 8.0
[10:11] {ese} new operating system on new computer last year...strictly for trading
01[10:11] {@Threei}  I see
[10:12] {ese} don't mind it....it's nuclear fast....
[10:13] {ese} am back on line 25 mins ago
[10:13] {thomcbell} chs 16.87 long break if holding 16.77
01[10:14] {@Threei} Long Setup:  RIG  .25 break hl
01[10:14] {@Threei}  If holds  .15
01[10:14] {@Threei}  WMT stop to .76
[10:17] {dptl} half out jnj
[10:20] {ese} in
01[10:23] {@Threei}  1:1  RIG
[10:24] {thomcbell} if anyone did cien - clean it up here 20.64
[10:24] {ese} out rig ½ .35 +.09
01[10:24] {@Threei}  4 for 4 this morning... Buster, that was repeat of yesterday for you :)
[10:25] {thomcbell} but nonko down
[10:25] {thomcbell} so paper trading which is ok on one level
[10:25] {nemo} did you shut it down then reopen it?
[10:25] {thomcbell} i did
[10:25] {nemo} http://dastrader.com/support.html
[10:25] {dptl} its all good now Thom
[10:26] {thomcbell} do i need to restart the computer too?
[10:26] {nemo} no
[10:26] {dptl} you actualy have to change server, contact admin Thom
[10:27] {thomcbell} ok
[10:27] {nemo} just use that link, connect to live support
[10:28] {ese} rig stopped on balance .23 =.03
[10:28] {ese} -.03
[10:28] {ese} tks vad will take it
[10:30] {ese} 3D systems just taking a Sh....kicking
[10:32] {ese} about 8 bucks down from major support
[10:32] {ese} well...which will be resistance now
[10:38] {ese} dino ya hangin
[10:38] {nemo} he's golfing
[10:38] {ese} IMPV   21.00 haircut
01[10:38] {@Threei}  he is off till Tuesday
[10:39] {nemo} ese's off for life
[10:39] {ese} my news just says price target reduction
[10:39] {ese} lol lol lol
[10:40] {ese} i do believe you have that inate ability to drown in a parking lot puddle some days there buddy!
[10:41] {nemo} just call me Ludwig II
01[10:41] {@Threei}  Amazon.com Inc CEO: Intend to roll out Sunday delivery to large portion of US population; "Prime Air" drone program is now testing its 5th and 6th generations zones with two more generations currently being designed
[10:41] {ese} van Beethovan
[10:41] {dptl} watching cop for short
[10:42] {ese} hmmmmmmm...interesting point dp
[10:42] {nemo} Ludwig II of Bavaria..."drowned" in 6" of water on a duck pond on the castle grounds
[10:42] {dptl} in cop
01[10:42] {@Threei}  police in Vancouver on high alert
[10:42] {nemo} also known as "The Mad King"  couple dots short on the dice
01[10:42] {@Threei} Long Setup:  TZA  .40 break
01[10:42] {@Threei}  If holds  .35
[10:43] {ese} ah yess.....didn't make that connection
[10:43] {nemo} sure wasn't talking about Ludwig drums
01[10:44] {@Threei}  1:1
[10:44] {dptl} half out cop
[10:49] {ese} if I remember right...he was the dude who wasn't really mad.....he just spent the bavarian treasury until there was notheing left.......they declared him insane to get rid of him....was responsible for alot of fabulous artwork and things.....Bavaria was abosorbed into Germany
[10:49] {dptl} out balance cop
01[10:50] {@Threei}  "he just spent the bavarian treasury until there was notheing left.......they declared him insane to get rid of him" can USA do the same within next 2 years?
[10:50] {ese} hmmmmmm maybe
[10:50] {ese} not sure if i got that right but i think thats the dude
[10:51] {ese} theres a movie out on him.......brought him back from the dead to feature him in the movie i think
01[10:52] {@Threei}  1/4 more out
01[10:53] {@Threei}  stop .44
01[10:57] {@Threei}  1:2
01[10:58] {@Threei}  1:3
01[10:58] {@Threei}  out
01[11:00] {@Threei}  1:4
01[11:00] {@Threei}  not too shabby for 5 cents risk entry
[11:07] {dptl} watching cop for short again
[11:07] {dptl} .25 break
[11:09] {dptl} in
[11:12] {dptl} stopped
[11:13] {thomcbell} jpm looking for a long setup vad - report tomorrow
[11:15] {thomcbell} nothing there yet
01[11:24] {@Threei}  - BlackBerry's CEO said the company would consider exiting its handset business if it remains unprofitable
01[11:24] {@Threei}  there... said it a year ago that QNX is probably the only valuable thing remaining for them
[11:25] {dptl} short luv
[11:27] {RonS} nympho midget?
01[11:27] {@Threei}  well, after unsuccessful attempt to short cop...
[11:28] {dptl} lol
01[11:28] {@Threei}  alternatively, it might be a reference to prematute ejaculation
[11:30] {dptl} stop to .51
[11:33] {thomcbell} jpm 58.51 long break if holding 58.41 for a chop
[11:36] {thomcbell} wow jom invalidated
[11:41] {dptl} all you need is luv,,,lol half out
[11:47] {thomcbell} alk probably vulnerable here with airline theme
[11:47] {dptl} little more luv out
01[11:48] {@Threei} Long Setup:  WMT  .75 break
01[11:48] {@Threei}  .c .70
01[11:48] {@Threei}  If holds  .70
[11:58] {thomcbell} jpm 58.40 long break if holding 58.30
[12:02] {thomcbell} stopped jpm
[12:27] {RonS} .
01[12:27] {@Threei}  you might wake up someone ron
[12:27] {thomcbell} for the crazy - feye 51 short break if holding 51.10
01[12:28] {@Threei}  dp is taking a nap after his short luv
[12:28] {thomcbell} nope - interested in shorting rallies in this one
[12:43] {thomcbell} wfc 48.26 short break if holding 48.36
[12:44] {thomcbell} jpm nearing 50sma
[12:45] {thomcbell} wfc 1:1
01[12:46] {@Threei} Long Setup:  TZA  .10 break
01[12:46] {@Threei}  If holds  17
[12:52] {thomcbell} stop to 48.19 on wfc
[12:57] {thomcbell} wfc 1:2
01[12:57] {@Threei}  wtg
[12:58] {thomcbell} 1:3
01[12:58] {@Threei}  wtg x 1.5
01[12:59] {@Threei}  half out TZA
[12:59] {thomcbell} clean up wfc here
01[12:59] {@Threei}  stop to .08
[12:59] {thomcbell} jks 27.81 short break
[13:00] {thomcbell} 27.80 if holding 27.90
01[13:00] {@Threei}  Moscow warns Kyiv against building dictatorship
01[13:00] {@Threei}  now this is rich
01[13:00] {@Threei}  "We expect that Kyiv will realize that repression and police methods will not resolve the issue the country is facing. The path of building a dictatorship is unlikely to contribute to overcoming the crisis,"
01[13:01] {@Threei}  coming from country where protester get beat up, jailed or disappear routinely
[13:02] {cosmo} a sign of the times
01[13:04] {@Threei}  closed TZA on trail
01[13:04] {@Threei}  6 for 6
[13:12] {thomcbell} jpm trying to do some sort of a double bottom here
[13:12] {thomcbell} wfc much better - at least some fight there
[13:14] {thomcbell} jks 1:1
[13:16] {thomcbell} 1:2
01[13:17] {@Threei}  ugh, missed another TZA drive
[13:17] {nemo} none of the indexes have brokend their downtrends
[13:19] {thomcbell} jks 1:3
[13:19] {thomcbell} 1:4
[13:20] {thomcbell} clean it up here jks
01[13:20] {@Threei}  wtg
01[13:20] {@Threei}  you more than made up for morning connection issue, thom
[13:22] {thomcbell} im trying
[13:22] {dptl} short mu
[13:22] {dptl} .86 stop
01[13:22] {@Threei}  great day, the only regret is missing this second TZA entry
[13:22] {thomcbell} FB how about those upgrades today
[13:24] {Les} pity I missed the morning. but work is work
[13:25] {dptl} nah out flat mu...dont like it
01[13:25] {@Threei}  yeah, another good day
01[13:25] {@Threei}  Court in Milan rules former Italian PM Silvio Berlusconi will serve 1-year sentence for tax fraud doing community service
01[13:26] {@Threei}  Putin: told ya bud, should have taken Russian citizenship
01[13:26] {@Threei}  would have been drinking with Depardeu now
[13:27] {dptl} lol yeah
[13:29] {thomcbell} almost time for jpm to work
01[13:30] {@Threei}  The European Union is interested in resolving the situation in Ukraine diplomatically and without more sanctions
01[13:30] {@Threei}  noticed the shift?
[13:30] {thomcbell} jpm 57.52 long break if holding 57.46
01[13:30] {@Threei}  instead of former "what you did in Crimea is illegal and will be pinished,"
01[13:31] {@Threei}  ot's now "just don't do anything any more, and we will be fine, Crimea be damned"
01[13:31] {@Threei}  and Putin knew that perfectly in advance
01[13:32] {@Threei}  and will not stop until real pushback appears
01[13:32] {@Threei}  and ese thinks he is stupid
[13:32] {nathan} hi gents
01[13:32] {@Threei}  hey nathan
[13:33] {nathan} day for shorting?
01[13:33] {@Threei}  certainly
01[13:33] {@Threei}  although we did some good ones on long side too
01[13:33] {@Threei}  C in particular
[13:33] {nathan} but unemployment data was good?
01[13:33] {@Threei}  who cares
01[13:34] {@Threei}  you don't make money on data... you make money on market movement
[13:34] {nathan} that's true
[13:35] {dptl} watching mrk .35 break long
[13:37] {dptl} in
[13:41] {thomcbell} not giving jpm any room - 57.53 stop
[13:45] {Les} can't log in and can'^t be friked talking with tech to fix it today. a+
[13:46] {nathan} use nko.dastrader.org in setup}network
[13:46] {nathan} it happened to me too
[13:47] {thomcbell} out jpm
[13:50] {dptl} no out mrk flat....dont like it
[13:51] {nemo} I don't think  you want to think about longs
[13:51] {dptl} not yet
[13:52] {nemo} they sold heavy through lunch, that means you might get short covering near the close
[13:53] {dptl} right
[13:53] {nemo} emphasis on "might"
[13:54] {dptl} hmm mrk worked after all
01[13:55] {@Threei}  GM To add additional repair to vehicles that have been recalled for ignition switch fix; to take charge of $1.3B to cover recall - press
01[13:57] {@Threei} Short Setup: WMT  .15 break
01[13:57] {@Threei}  If holds  .20
01[13:57] {@Threei}  want .10 but would prefer aggressive entry with very tight stop
[14:04] {thomcbell} what a rinsing in jpm
[14:05] {thomcbell} gimme a break
02[14:07] * Disconnected
Session Close: Thu Apr 10 14:07:23 2014

Session Start: Thu Apr 10 14:07:23 2014
Session Ident: #discussions
02[14:11] * Attempting to rejoin channel #discussions
03[14:11] * Rejoined channel #discussions
01[14:12] {Threei}  internet disconnection
[14:12] {RonS} changing name to ese?
01[14:13] {Threei}  and getting response "no dice, he is one and only"
[14:13] {RonS} lol...true 'dat
01[14:16] {Threei}  trying WMT
01[14:17] {Threei}  stop .23
01[14:21] {Threei}  lose .10 WMT
01[14:21] {Threei}  and cascade
01[14:22] {Threei}  good boy
01[14:22] {Threei}  just please look up "cascade"
01[14:22] {Threei}  it's different frpm "slide slowly"
01[14:23] {Threei}  1:1
[14:24] {nathan} 1:1 tx vad
01[14:24] {Threei}  yw
[14:31] {thomcbell} aal 35.30 short break if holding 35.40
[14:32] {dptl} half out cmcsa
[14:33] {dptl} stop to .76...
01[14:34] {Threei}  1:2
[14:35] {thomcbell} aal 1:1
[14:40] {thomcbell} cleaning up aal
01[14:42] {Threei}  be back in 25
[14:43] {dptl} done with cmcsa
[14:47] {dptl} bounce time yet?
[14:57] {RonS} data no mercy
01[15:00] {Threei}  back
[15:03] {dptl} lol...did you hit the market Vad?
01[15:03] {Threei}  WMT, out in full
01[15:03] {Threei}  left stop in place, never tagged it while I was away
01[15:03] {Threei}  returned to 1:4
[15:03] {dptl} nice one
01[15:04] {Threei}  7 for 7... looking for one last trade but don't want it to be high risk
01[15:05] {Threei}  not to spoil perfect day
[15:09] {nemo} o.k. who in there right mind is gonna' step in front of the Polar BEAR Express
[15:10] {nemo} Les
[15:10] {nemo} then again
[15:10] {nemo} he's not in his right mind
[15:10] {nemo} there=their
[15:11] {thomcbell} wo
[15:11] {thomcbell} wow
[15:15] {dptl} watching mrk .90 long
[15:16] {nemo} dp, be careful, this day might still see a woosh down
[15:16] {dptl} small
[15:16] {dptl} .84 stop
[15:21] {dptl} out
01[15:23] {Threei} Long Setup:  TZA  .40 break
01[15:23] {Threei}  If holds  .35
[15:32] {nathan} have a good night!
[15:32] {nathan} hope to c u tomorrow
01[15:32] {Threei}  you too
01[15:42] {Threei}  ok guys, no more trades
01[15:42] {Threei}  hatnk you all, have a great evening
01[15:43] {Threei}  see you tomorrow
[15:43] {dptl} see ya tomorrow
[15:46] {thomcbell} take care guys