Thursday, April 17, 2014

Apr 17 2014

Nice solid day, especially considering thin pre-long weekend trading. No fireworks, just "another day in the office" profits.

Session Time: Thu Apr 17 00:00:00 2014
01[09:13] [@Threei}  Wal-Mart Stores Inc Introduces Exclusive in store Money Transfer Service, Cuts Fees by up to 50% for Customers- Powered by Ria (subsidiary of Euronet Worldwide), Walmart-2-Walmart brings lower fees and simplicity to the money transfer market
[09:13] [cosmo} weird
[09:14] [cosmo} wanna be banker...
01[09:14] [@Threei}  Walmart-2-Walmart offers a clear fee structure with just two pricing tiers: customers can transfer up to $50 for $4.50 and up to $900 for $9.50. Competitive offerings often include 10 or more fee tiers and charge up to $70 for transferring less than $1,000
[09:23] [dptl} good morning
01[09:23] [@Threei}  dp :)
[09:25] [ese} morning
01[09:25] [@Threei}  ese :)
[09:25] [RonS} gm
[09:25] [ese} vad
[09:25] [ese} ron
01[09:25] [@Threei}  ron :)
[09:28] [Les} yo
01[09:29] [@Threei}  Les :)
01[09:30] [@Threei} Long Setup:  C  .30 break
01[09:31] [@Threei}  change to .25 break
01[09:31] [@Threei}  If holds  .15
01[09:32] [@Threei}  no go
01[09:36] [@Threei} Short Setup: WMT  .20 break
01[09:36] [@Threei}  If holds  .30
[09:37] [nemo} slow open my system isn't taxed at all
01[09:37] [@Threei}  Invalidated
[09:37] [thomcbell} mu maybe short setup soon
01[09:38] [@Threei} Long Setup:  YHOO  .10 break
01[09:38] [@Threei}  If holds  36
[09:40] [dptl} in yhoo
01[09:41] [@Threei}  half out .19
[09:42] [Les} tza
[09:42] [Les} sorry
01[09:44] [@Threei}  closed YHOO
[09:44] [dptl} out balance yhoo
[09:45] [ese} mgi.....fish that got away....didn't catch it soon enough
01[09:46] [@Threei} Long Setup:  JPM  .50 break
01[09:46] [@Threei}  If holds  .40
[09:51] [dptl} stopped jpm
01[09:51] [@Threei}  no go
[09:52] [thomcbell} damn it mu
[09:52] [thomcbell} took ye off it
01[09:53] [@Threei} Long Setup:  EBAY  .70 break
01[09:53] [@Threei}  If holds  .60
[09:55] [dptl} valid?
01[09:55] [@Threei}  yes
[09:57] [dptl} got only half
01[09:58] [@Threei}  1:1
[09:59] [nathan} good morning gents
01[09:59] [@Threei}  morning nathan
01[09:59] [@Threei}  *(US) APR PHILADELPHIA FED BUSINESS OUTLOOK: 16.6 V 10.0E
01[10:01] [@Threei}  stop to .74 for the balance
01[10:02] [@Threei}  PLUG Plug Power Inc Ticks higher on chatter that it could announce Ford as a customer
01[10:04] [@Threei}  1/4 more out
01[10:04] [@Threei}  stop .79
01[10:05] [@Threei}  closed
[10:05] [dptl} out
[10:06] [dptl}  somehow only got half of the pos on this one
01[10:09] [@Threei} Short Setup: JPM  .35 break
01[10:09] [@Threei}  If holds  .45
[10:09] [ese} been watchin plug all morning...gonna take that bet L plug .30
[10:10] [ese} 1/2
01[10:13] [@Threei}  frikin EBAY rinsed last 1/4
01[10:13] [@Threei}  JPM stop .41
01[10:14] [@Threei}  half out
[10:14] [nathan} 1:1
[10:14] [nathan} ty vad
01[10:15] [@Threei}  yw
[10:15] [dptl} where?
01[10:15] [@Threei}  .27
01[10:15] [@Threei}  1:1
01[10:16] [@Threei}  stop .36
01[10:16] [@Threei}  by the book from here
01[10:18] [@Threei}  1:2
[10:22] [thomcbell} wow twtr very strong here
[10:23] [dptl} what was your entry jpm Vad?
01[10:24] [@Threei}  .33
[10:24] [dptl} ok same
[10:25] [ese} ok am gonna do this L plug avg .29
[10:25] [ese} alot
[10:26] [ese} i'll give you a hint...dn .01 am down 44bucks
[10:27] [ese} am up .03...puuuuuuurrrrrrrfect
[10:27] [ese} opps
[10:29] [dptl} closed jpm
[10:29] [Les} just scalped JPM long, but staying on the side otherwise.
[10:30] [Les} Market more confused than Nemo after a date with a woman
[10:31] [nathan} lol
[10:31] [nemo} at least I didn't get married
[10:32] [dptl} lol
[10:32] [nemo} Les' wife been regretting it ever since
[10:36] [nemo} http://goo.gl/v2Hujj
[10:37] [dptl} gis, i think its a nice looking set up for long
[10:40] [Les} ooophtouché
06[10:41] * nemo thinks, "should I drop the hammer on Les....mmmhhhhh."
[10:41] [Les} vxx otential db or setting up for dbi
[10:42] [nemo} I think it might be a bit early for that
[10:45] [ese} ok thats enough of a dangerous game out plug .42 +.13.....4400shs
01[10:45] [@Threei}  wtg
[10:45] [ese} tks...learned from the best
[10:46] [Les} gj ese
[10:46] [ese} tks les......can afford to come and see you in switzerland sometime
[10:46] [nemo} probably wouldn't be good for your IQ ese
[10:47] [Les} Nemo's right as always
[10:47] [ese} ouch
[10:47] [Les} but Montreux Jazz is only weeks away ese
[10:47] [Les} that blind black fella gonna be there
[10:47] [ese} memories for sure......last time there summer 81
[10:48] [Les} crikey was but a wee lad in a diaper at that time
[10:49] [Les} DV vxx stands
[10:49] [Les} db
[10:50] [Les} shit ese you were the market in plug
[10:51] [RonS} no way Les, that stock is the most over-followed and over-owned stock out there by the retail trders in the US
[10:51] [ese} hardly buddy.....9.6mil to this point......just a drop in the bucket
[10:51] [Les} c'mon Ron permit me some hyperbole
[10:52] [ese} am thinkin about reloading with half of that 1/2
[10:52] [RonS} just sayin...the whole thing feels like a huge setup
[10:52] [Les} yeh I getchya
[10:56] [RonS} plug has 3200 followers on stocktwits and the message volume on it is so high i had to turn it off...
[10:56] [ese} ron.....i would agree if your talkin bout the mrkt as a whole ...check out the head and shoulders pattern on the spyers 1 min chart
[10:57] [ese} damn close
[10:57] [ese} hmmmmmm maybe not heading up
[10:58] [RonS} h&s is the most failed pattern in the last 5 years, concocted for idiots imo...
01[10:59] [@Threei}  yup, I never use it as standalone
[10:59] [ese} well ...looks like it just failed now
[11:00] [ese} i don't use it either but alot still do which puts some kinda value to it......got be awre imo
[11:00] [ese} aware
[11:06] [RonS} vwap, points of control, pivot points, sentiment charting...these are what is being used...h&s and traditional technical analysis do not work in the era of algo trading...again imo
[11:07] [nemo} I agree, although you can see variations that show weakness that telegraph off of those levels...You see that chart formation on vwap or one of the pivot levels it's more likely to work
[11:08] [ese} i'd agree....i certainly use pivots(nemo got me into that) and vwap ....but still ....just basic price momentum works
[11:09] [nemo} this is such a weird day with op ex and the holiday
[11:09] [ese} indeed
01[11:13] [@Threei} Long Setup:  TZA  .81 break
01[11:13] [@Threei}  If holds  .71
[11:14] [dptl} in tza
[11:17] [dptl} out half
01[11:17] [@Threei}  1:1
[11:18] [Les} PLUG loses vwap. not shortable
[11:20] [ese} patience my little padua......i smell more money here.....if i don't have to go to school first
[11:20] [Les} you wanna paddle me? Isn't that illegal in Canada?
[11:23] [ese} lol
[11:24] [ese} theres always a comedian in the crowd
[11:25] [Les} between Ritalin and meditation don't feel like  making wisecracks
[11:25] [Les} making effort for Nemo
[11:25] [Les} entirely too quiet for his own good
[11:26] [Les} outta here night shift comin a+
[11:30] [ese} L plug .2798......sheesh
[11:32] [ese} cool .28.....i'm up .0002
[11:33] [ese} could things get any better.........i think not.....think of the exchange rate with that in Russia
[11:33] [ese} i probably just made 30 bucks
01[11:34] [@Threei}  in sime countries you could live a month on that
01[11:34] [@Threei}  some
[11:34] [ese} lol
[11:35] [dptl} cuba
[11:35] [ese} nah ...hell no... a great cuban cigar is $200
01[11:36] [@Threei}  not in cuba
01[11:36] [@Threei}  Obama approves sending helmets, sleeping mats and water purification systems to Ukraine, Defense Secretary Hagel says
01[11:36] [@Threei}  hmmm... no crayons?
01[11:36] [@Threei}  how rude
[11:36] [RonS} porta potties?
[11:36] [ese} helmuts?
[11:37] [RonS} why not just send the stuff to Russia and skip the middle man?
[11:37] [ese} what a moron!
01[11:37] [@Threei}  Defense Secretary Chuck Hagel: US moves not meant to 'provoke or threaten Russia'
[11:37] [ese} i like the guy but man hes gettin stupider
01[11:37] [@Threei}  because Russia could get, well, mad?
01[11:38] [@Threei}  I strongly vote for sending crayons
[11:38] [dptl} lol
01[11:38] [@Threei}  no ese... it's you looking closer
01[11:38] [@Threei}  he is what he always was
[11:38] [RonS} wanna see Biden on Russian border blowing kisses...
01[11:39] [@Threei}  blowing, maybe...
01[11:39] [@Threei}  kisses? who over there needs them from him?
[11:39] [RonS} ut oh
01[11:40] [@Threei}  want a shock of a lifetime, Ron?
01[11:40] [@Threei}  go to Moscow, take a walk on one pf the main streets any time of the day, look at the women
01[11:41] [@Threei}  supermodel catwalk by Western standards,
01[11:41] [@Threei}  casually strolling around you
01[11:41] [@Threei}  clothes, makeup, whole enchilada
[11:42] [dptl} out some more tza here...ty
01[11:42] [@Threei}  just out to the corner store
[11:42] [RonS} enchilada...lol
01[11:42] [@Threei}  1/4 more out too
01[11:42] [@Threei}  not many dress up for the opera here the way they dress up for casual dash out
[11:43] [dptl} where is your stop now Vad?
01[11:43] [@Threei}  .89
[11:43] [dptl} k
[11:44] [RonS} wonder if Les knows what an enchilada is?...
[11:46] [ese} same in Rome vad.......shoes are the biggie
01[11:47] [@Threei}  haven't been there but did hear from a few Canadian friends who visited both and had opportunity to compare
01[11:48] [@Threei}  according to them, Moscow wins by a good margin
01[11:49] [@Threei}  one of my classmates named in this article is behind this campaign:
01[11:49] [@Threei}  http://www.kyivpost.com/content/ukraine/kolomoisky-promises-a-reward-for-fighting-against-separatists-343970.html
[11:49] [RonS} ese look biof
[11:51] [thomcbell} ubnt looking vulnerable
[11:51] [thomcbell} what a run this thing had
[12:01] [thomcbell} wb open
[12:03] [dptl} closed tza ty
01[12:03] [@Threei}  :)
01[12:13] [@Threei} Long Setup:  IWM  .75 break
01[12:13] [@Threei}  If holds  .65
01[12:16] [@Threei}  nah
[12:16] [thomcbell} yhoo 35.99 short break
[12:17] [thomcbell} if holding 36.10
[12:19] [thomcbell} 1:1
[12:21] [ese} gotta go ......cya next week
[12:25] [thomcbell} flat yhoo
[12:25] [thomcbell} all it had was 1:1
01[12:35] [@Threei} Long Setup:  VXX  .15 break
01[12:35] [@Threei}  If holds  .05
01[12:38] [@Threei}  Invalidated
[12:38] [goinshort} morning all !
01[12:39] [@Threei}  hey gs
01[12:39] [@Threei}  morning eh?
[12:39] [goinshort} up early been busy
[12:40] [goinshort} is there a way in mirc to see whats been going on?
01[12:40] [@Threei}  no
01[12:40] [@Threei}  log will be posted as usual though
01[12:41] [@Threei}  look back is available only in mibbit, and limited to certain time
01[12:41] [@Threei}  30 min or something like that
[12:41] [goinshort} ok thanks- you trading anything at the moment
01[12:41] [@Threei}  no, flat
01[12:44] [@Threei}  this market spike is mostly a misread statement from Geneva
01[12:51] [@Threei} Long Setup:  VXX  42 break
01[12:51] [@Threei}  If holds  .90
01[12:58] [@Threei} Long Setup:  IWM  .80 break
01[12:59] [@Threei}  If holds  .70
[13:00] [dptl} in iwm
01[13:01] [@Threei}  1:1
[13:01] [thomcbell} fio 9.50 long break if holding 9.45
[13:01] [dptl} out half
[13:03] [dptl} out more here
01[13:03] [@Threei}  1:2
06[13:03] * @Threei slaps dptl around a bit with a large roll of cash
[13:04] [dptl} :)
[13:06] [dptl} closed
[13:06] [dptl} ty
01[13:08] [@Threei}  yw
[13:13] [goinshort} iwm 1:2+  thanks !
01[13:15] [@Threei}  :)
[13:15] [nemo} iwm banged on the ceiling three times
[13:16] [nemo} which is the Monthly S1 to the penny
[13:38] [nemo} index charts look like yesterday's
[13:48] [thomcbell} selling 1/2 fio at 9.54 - this is a waste of time
01[13:54] [@Threei}  20:14 Associated Press: Deal reached on calming Ukraine tensions
01[13:54] [@Threei}  20:16 Armed men raid Donetsk region broadcasting facility
01[13:54] [@Threei}  heh
01[13:55] [@Threei}  all these negotiations and agreements are waste of paper... Putin is beyond point of no return on Ukraine
[13:58] [cosmo} who's armed men?
01[14:00] [@Threei}  Russian
[14:02] [nathan} hi again,
[14:02] [nathan} my connection...
01[14:02] [@Threei}  hey nathan
[14:03] [nathan} markt close as usual today?
01[14:03] [@Threei}  yes
[14:03] [nathan} tx
01[14:10] [@Threei} Long Setup:  VXX  .75 break
01[14:10] [@Threei}  If holds  .68
[14:26] [dptl} hmm..its still holding
[14:27] [nemo} vxx might have a hard time getting traction in this low volume environment, indexes move up easily
01[14:28] [@Threei}  yes but at the same time, look at IW spike, yet VXX stays put
[14:28] [nemo} I understand
01[14:28] [@Threei}  IWM
[14:28] [nemo} vxx a funny thing, it doesn't necessarily maintain it's correlations
01[14:29] [@Threei}  yes
[14:29] [nemo} time of day, time of week
[14:29] [dptl} still .75 long?
01[14:29] [@Threei}  this divergence right now is exactly what makes me interested
01[14:29] [@Threei}  yes
01[14:29] [@Threei}  and nemo... shame on you
01[14:29] [@Threei}  "it's correlations"???
[14:30] [nemo} trout me
06[14:30] * @Threei slaps nemo around a bit with a Grammar Guide for English-Challenged
01[14:31] [@Threei}  you can spell "bread" as "beer," I won't even blink
01[14:32] [@Threei}  but their-there-they're, I feel like you stubbed me
[14:32] [nemo} or vodka as water
[14:32] [nemo} mother's milk
01[14:32] [@Threei}  and its-it's is right behind
[14:32] [nemo} manna
[14:34] [dptl} in vxx
01[14:34] [@Threei}  In responding to a question from an elderly woman about whether Russia would now seek to take back Alaska, once part of the Russian Empire, Putin hinted at the strategic importance of Crimea's warm-water ports. "Faina Ivanovna, dear, why do we need Alaska?" he said, adding that Alaska is "cold." Putin said he knows that Alaska is now jokingly called Ice Cream, a play on "Krym," the Russian word for Crimea.
[14:35] [nemo} germans use Krym too
01[14:37] [@Threei}  lol
01[14:37] [@Threei}  remember the joke I cited once
01[14:37] [@Threei}  (or twice)
[14:37] [nemo} you've told jokes?
[14:37] [RonS} lol
[14:37] [nemo} that was too easy\
01[14:37] [@Threei}  "Argentina and Mongolia signed peace agreement between Chile and Ukraine"
01[14:37] [@Threei}  now read this:
[14:37] [nemo} I can hear him now under his breath "frickin' pizdah"
01[14:38] [@Threei}  why under? I said that out loud
01[14:38] [@Threei}  Obama and Merkel agreed during the call that Russia should use its influence on armed groups in eastern Ukraine to calm the situation
[14:38] [nemo} yeah, but nobody can hear u
01[14:38] [@Threei}  wife can
[14:38] [nemo} kinda' open ended
[14:38] [dptl} lol
[14:38] [nemo} how to calm them
01[14:38] [@Threei}  she said understandingly "talking to nemo again?"
[14:38] [nemo} AK's tanks and rockets!
[14:38] [nemo} nice
[14:39] [nemo} your wife loves me
01[14:39] [@Threei}  deep-fried, yes
[14:39] [cosmo} Krym de la krym
[14:40] [thomcbell} sndk coming off
[14:40] [nemo} arguably a short setup in iwm or spy but....never short a dull market
[14:40] [nemo} great, we get to hear about a stock's sex life
[14:45] [dptl} out half here
[14:45] [thomcbell} agreed on dull market
[14:47] [nemo} wow since 2 less than 10 million shares of spy
01[14:52] [@Threei}  1:1
[14:53] [dptl} out some more .87
[14:57] [nathan} out too
[14:57] [nathan} tx vad
01[14:57] [@Threei}  yw
[15:03] [dptl} closed...ty
01[15:04] [@Threei}  yw
01[15:04] [@Threei}  but why?
[15:04] [dptl}  have to go, have a good weekend all...thanx Vad :)
01[15:04] [@Threei}  take care, have a good one
[15:10] [nathan} well gents have a nice weekend
[15:10] [nathan} see you on monday
01[15:10] [@Threei}  you too nathan
[15:17] [goinshort} be back monday - thanks Vad
01[15:17] [@Threei}  :)
[15:26] [nemo} http://www.watching-grass-grow.com/
[15:27] [RonS} have a nice weekend everyone.  see you all monday.
01[15:29] [@Threei}  you too ron
01[15:29] [@Threei}  OK guys, lwet's have great relaxing long weekend
01[15:29] [@Threei}  happy Easter, see you on Monday!