Tuesday, April 29, 2014

Apr 29 2014

Quite slow, narrow and mostly empty day, finishing about even or just slightly up.

Session Time: Tue Apr 29 00:00:00 2014
[08:44] {dino} gm
[08:46] {dptl} good morning
01[08:50] {@Threei}  dino, dp :)
[09:00] {dino} ddd blood
[09:06] {_troub} good morning all
01[09:06] {@Threei}  troub :)
[09:07] {RonS} hello everyone
01[09:07] {@Threei}  ron :)
[09:13] {thomcbell} gm
01[09:14] {@Threei}  thom :)
[09:23] {ese} morning
01[09:23] {@Threei}  ese :)
[09:23] {ese} vad
01[09:24] {@Threei}  fish says hello to everyone, should drop by this week to update on his nearest plans
[09:25] {Alexs} gm
01[09:25] {@Threei}  alex :)
[09:27] {ese} alex
[09:28] {ese} whats fish up to
01[09:29] {@Threei}  sells house, travels
[09:29] {ese} nice
[09:30] {ese} trades from around the world
01[09:30] {@Threei} Long Setup:  TZA  .45 break
01[09:30] {@Threei}  If holds  .35
01[09:31] {@Threei}  Invalidated
01[09:34] {@Threei} Long Setup:  TZA  .30 break
01[09:34] {@Threei}  If holds  .20
01[09:36] {@Threei}  1:1
[09:36] {dptl} half out
[09:38] {dptl} out balance
01[09:40] {@Threei}  IBM *INCREASES DIVIDEND 16% TO $1.10 FROM $0.95
[09:40] {Les} full steam ahead
01[09:43] {@Threei} Long Setup:  C  .60 break
01[09:44] {@Threei}  If holds  .55
[09:46] {Les} JPM 56
01[09:47] {@Threei} Long Setup:  TZA  .30 break
01[09:47] {@Threei}  If holds  .25
[09:50] {dptl} stopped tza
[09:52] {nemo} DAX ripping
[09:55] {dptl} ko .80 short?
01[09:55] {@Threei} Long Setup:  WMT  .70 break
01[09:55] {@Threei}  If holds  .65
[09:56] {dino} ua hl l .65
[09:57] {dptl} in wmt
[10:01] {dptl} out some
01[10:02] {@Threei}  1:1
[10:07] {Buster} Did the Consumer confidence come out?
01[10:10] {@Threei}  yes
01[10:10] {@Threei}  market didn't react much
01[10:10] {@Threei}  *(US) APR CONSUMER CONFIDENCE: 82.3 V 83.2E
[10:10] {Buster} OK Thanks.
[10:12] {dino} ua stop
01[10:15] {@Threei} Short Setup: FB  .40 break hl
01[10:15] {@Threei}  If holds  .50
01[10:16] {@Threei}  change to .50 break
01[10:16] {@Threei}  If holds  .60
[10:17] {nemo} probably gonna' check .90
[10:18] {dptl} valid ?
01[10:18] {@Threei}  no
[10:21] {dino} ua shl l .30
[10:21] {dino} l hl
[10:22] {dptl} do you like ebay .50 short Vad?
01[10:23] {@Threei}  I'd do .55
01[10:23] {@Threei}  with .61 stop
[10:23] {dptl} i see
01[10:25] {@Threei}  there
01[10:25] {@Threei}  like a charm
[10:26] {nathan} hi gents
01[10:26] {@Threei}  FB got away
01[10:26] {@Threei}  hey nathan
[10:26] {Les} ty ebay
[10:26] {dptl} yeah...i didt get it ..with wmt still and dont have source :)
01[10:27] {@Threei}  argh FB
[10:28] {Les} hmmm indexes vxx outside 3min bbs potential bounce time
[10:35] {dino} vmw smr l .99
[10:36] {dino} markets very strange last 3 -5 days
[10:40] {Les} good to know. will leave it for the day here. Let Yellen say her piece tomorrow. a+
[10:43] {dptl} ok wmt..its time :)
01[10:51] {@Threei} Long Setup:  TZA  .35 break
01[10:51] {@Threei}  If holds  .25
[10:52] {dptl} in
[11:05] {dino} vmw stop -.35
01[11:05] {@Threei}  Russian foreign minister 'rejects' US, EU sanctions over Ukraine
01[11:05] {@Threei}  hmmm
01[11:06] {@Threei}  I like this idea
01[11:06] {@Threei}  next year I'll refuse to pay taxes and when they come after me, I'll "reject" their sanctions
[11:06] {Alexs} rofl
01[11:07] {@Threei}  stop to .29
01[11:07] {@Threei}  it's time
01[11:08] {@Threei}  now or never
[11:08] {dptl} oh tza....ok
01[11:08] {@Threei}  I reject your refusal to go up, TZA
[11:09] {RonS} twtr gone pulp
01[11:13] {@Threei}  finally
01[11:13] {@Threei}  1:1
[11:13] {dptl} out half, and closed wmt
[11:14] {Alexs} so rejection works Vad
[11:14] {Alexs} try this trick with your tax
01[11:16] {@Threei}  I feel encouraged to do that
[11:16] {Alexs} :)
[11:25] {dptl} closed tza.....dont know why i didt take some out at .53 :)
[11:35] {dptl} do you like wfm .30 short Vad?
01[11:37] {@Threei}  yes, but needs to reconsolidate
[11:38] {dptl} ye...invalidated for now
[11:41] {dptl} abbv? .30 break
01[11:41] {@Threei}  not sure
[11:41] {dptl} k
01[11:44] {@Threei}  can I change to yes?
[11:44] {dptl} :)
[11:44] {dptl} its a nice looking chart isnt it?
[11:45] {goinshort} morning all !!!
01[11:45] {@Threei}  gs :)
[11:46] {dptl} wfm coming to .30 again...lets see if its consolidates a bit here
01[11:46] {@Threei} Long Setup:  VXX  .70 break
01[11:46] {@Threei}  If holds  .60
[11:50] {dptl} still valid ?
01[11:50] {@Threei}  yes
01[11:50] {@Threei}  WFM, I don't like it much anymore
[11:50] {dptl} k
01[11:53] {@Threei}  ideally, VXX holds .65 here and breaks
[11:55] {dptl} invalidated too
01[11:55] {@Threei}  gor now, yes
01[11:55] {@Threei}  for
01[11:56] {@Threei}  LOL:
01[11:56] {@Threei}  https://scontent-a-sea.xx.fbcdn.net/hphotos-prn2/t1.0-9/10314574_933849479977839_4110233295691885653_n.jpg
[11:57] {dptl} lol
[12:01] {dptl} really slow today...qoutes barrely moving
[12:02] {dino} same here dp, not doing much
[12:06] {thomcbell} BX might be a long setup here 29.98 long break if holding 29.88
[12:15] {thomcbell} bx invalidated
01[12:15] {@Threei}  yeah
[12:25] {fish_49} Can someone keep an eye on Alex and make sure he is sharing well?
01[12:25] {@Threei}  FISH!
[12:25] {Alexs} hey fish!
[12:25] {fish_49} Hey Alex
[12:25] {fish_49} I was on vacation and took a pic of Nemo  wanna see?
01[12:25] {@Threei}  you lost the plot man... Alex is not sharing, Alex is gathering his share from others
[12:26] {Alexs} :)
[12:26] {fish_49} oh  so that means Alex is not trading  He just collecting?  so  I should collect 50% of what he collects
[12:26] {dptl} was always wondering what fish is Fish :)
[12:26] {fish_49} here is my vacation pic of Nemo
[12:27] {fish_49} http://s1332.photobucket.com/user/bkhmd/media/P4270187_zps760570d2.jpg.html
[12:28] {fish_49} another pic of Nemo
[12:28] {fish_49} http://s1332.photobucket.com/user/bkhmd/media/Bear1_zps8c0d616e.jpg.html
[12:28] {RonS} lol...perfect
[12:28] {dptl} lol
[12:28] {fish_49} here is a pic of Ron  the cousin of Nemo
[12:28] {fish_49} http://s1332.photobucket.com/user/bkhmd/media/Bear2_zps1d3e12c3.jpg.html
[12:29] {nemo} needs to lose some weight
01[12:29] {@Threei}  meanwhile I took selfie... http://goo.gl/3P2jS1
[12:29] {fish_49} will the real nemo stand up  here
[12:30] {fish_49} lol  soup nazi
[12:30] {fish_49} last pic of Nemo
[12:30] {fish_49} http://s1332.photobucket.com/user/bkhmd/media/aP4270235c_zps475f7ada.jpg.html
[12:31] {fish_49} that guy ran out in front of the car almost hit him
[12:31] {fish_49} here is my attempt  to calm the water
[12:31] {nemo} think it's a female
[12:31] {fish_49} http://s1332.photobucket.com/user/bkhmd/media/P4270108_zps8df0c17f.jpg.html
[12:32] {fish_49} ok thats it  I wont disturb your lunch break
[12:32] {fish_49} how was the morning Alex?  how much did you collect?
[12:32] {nemo} could you try not to disturb our year
[12:32] {Alexs} not enough yet
[12:35] {fish_49} Nemo didn't even miss me  wait  I think YM coming into short territory
01[12:35] {@Threei}  he did... he just masks it well
01[12:35] {@Threei}  he is afraid we see his real inner ego, gentle, sensitive...
[12:36] {fish_49} lol  you made him sick Vad
[12:36] {fish_49} lol
01[12:36] {@Threei}  I am trying... every day
01[12:36] {@Threei}  it's tough
01[12:37] {@Threei}  but I am getting better at it
[12:38] {fish_49} he get his connection issues resolved?
[12:38] {RonS} no, still not married...
[12:38] {fish_49} still here Toad
[12:38] {fish_49} lol  Ron I thought that is why he has a bunny
[12:38] {fish_49} lol
01[12:40] {@Threei}  lol
[12:42] {dptl} Vad you like sbux short.90 break ?
01[12:42] {@Threei}  not really
01[12:42] {@Threei}  50/50
[12:42] {dptl} k
01[12:42] {@Threei}  market is floating here aimlessly
[12:50] {fish_49} so we float higher on low vol until the Fed news tomorrow?
01[12:51] {@Threei}  probably... unless Ukraine flares up
[12:51] {dptl} how about fti .80 short? Vad
[12:52] {dptl} a bit late now
[12:54] {fish_49} Gonna run...  Alex  make sure you collect my share.  I will be back Late May to pick it up
01[12:54] {@Threei}  have fun fish
[12:54] {Alexs} take care fish :)
[12:55] {fish_49} I just put my house on the market and have a week or so more of yard work to do then a couple weeks in Alaska and should return to the markets after that.
[12:55] {fish_49} Take care all  and Happy trading
[12:55] {RonS} be safe fish...
[13:06] {thomcbell} bx still trying here
[13:15] {dino} ua stop .99, +.69
01[13:16] {@Threei}  wtg
[13:16] {dino} ty
[13:18] {thomcbell} are there fed comments today?
[13:18] {nemo} no, and there won't be tomorrow either
[13:18] {nemo} however, Granmama is speaking on Thursday somewhere
[13:22] {Alexs} tomorrow FOMC meeting announcement
[13:24] {nemo} taper continues rates stay unchanged
06[13:54] * nemo slaps Threei around a bit with a large trout
06[13:54] * nemo slaps Threei around a bit with a large trout
06[13:54] * nemo slaps Threei around a bit with a large trout
06[13:54] * nemo slaps Threei around a bit with a large trout
06[13:54] * nemo slaps Threei around a bit with a large trout
[13:54] {dptl} wow...lol
06[13:55] * nemo slaps dptl around a bit with a large trout
06[13:55] * nemo slaps dptl around a bit with a large trout
06[13:55] * nemo slaps dptl around a bit with a large trout
[13:55] {dptl} lol...bored ?
[13:55] {nemo} that obvious huh?
06[13:55] * @Threei racks AK-47
[13:56] {dptl} wait i'll grab pop corn :)
[13:58] {_troub} are there some time periods better than others?
[13:58] {nemo} I can own one, you can't Vad...
[13:58] {nemo} lunch time is always slower...first two and last two hours tend to be busier
[13:58] {nemo} today, with the Fed tomorrow, maybe not
01[13:58] {@Threei}  for shooting nemo troub? no, any time is good
[13:58] {nemo} Vad's a lousy shot
01[13:59] {@Threei}  oh for trading... yes, nemo's right
01[13:59] {@Threei}  not true at all
[13:59] {nemo} what's not true?
[13:59] {_troub} thanks.  And I'm a darn good shot.
[13:59] {nemo} at what distance, and with what tool?
01[13:59] {@Threei}  during soviet military training, I was A+ at shooting... grenade throwing got me to B+
[14:00] {nemo} was that with an AK 47 74 or dragunov?
01[14:00] {@Threei}  mostly because the grenade I threw at the test landed at the feet of a colonel who led the comission
[14:00] {_troub} twelve gauge at 10 ft'
[14:01] {nemo} ahhh, real precision work there, hey troub...
[14:01] {nemo} slugs, or shot?
[14:02] {_troub} bird shot.  don't want to hurt somebody too bad.
[14:02] {nemo} gotta' work on that there troub
[14:02] {_troub} having fun with this nemo.
[14:02] {nemo} btw...you really don't want somebody giving law enforcement a conflicting story
[14:02] {_troub} enjoyed quail hunting over a good pointer.
[14:03] {nemo} ahhh
[14:03] {nemo} I enjoyed head shots with the victim's leg in the jaws of a Rottweiler
[14:04] {_troub} spoken like a true conservative
[14:04] {nemo} not really...Taoist by training
01[14:04] {@Threei}  neme is the one who came up with concept "warning shot in the head"
[14:04] {nemo} I am not particularly fond of either side
[14:05] {nemo} looks like the refiners might be giving up the ghost soon
[14:05] {_troub} guess I better be nice with my last day tomorrow until I come back
[14:05] {nemo} where u going?
[14:05] {Alexs} that's the problem of America that conservatives have that reputation
[14:06] {Les} yo
[14:06] {nemo} well, there are Republicans and Democrats, wouldn't call Republicans conservatives necessarily
[14:06] {nemo} oh jeez...collective IQ of the room just went down 20 points
[14:06] {Les} oh crikey... politics
[14:06] {nemo} not really
[14:06] {Les} yeh outta here a+
[14:06] {nemo} never been that easy
[14:06] {_troub} trial ends tomorrow.  In another room paid up to May 30. Hate to double spend and they won't refund.
[14:07] {nemo} ahhh
[14:09] {dino} troub, not happy here? how did you do in this room?
[14:10] {nemo} new it was too good to be true
[14:10] {_troub} I'll be knocking on door to get in June 2.
[14:10] {nemo} knew
[14:10] {Les} homophonic boy
[14:10] {nemo} Now I'm hearing Paul McCartney songs
[14:10] {dino} good to hear, but i suspect you vwill miss a good may here
[14:10] {_troub} very pleased, dino.
[14:10] {nemo} Yeah, bring a chin pillow for the Summer
[14:11] {nemo} homonymistic Les
[14:11] {dino} pretty much, and you can forget about trading fridays, time better spent golfing or mowing lawn
[14:11] {_troub} I may say to heck with cost and come back sooner.
[14:11] {Les} 1 in a 1000 setup. fired up DAS to find YHOO on screen. took it long for .08 but it might roll over here
[14:12] {nemo} yeah, and comic relief is no extra charge
[14:12] {dino} where do you make more $ troub? that answers it
[14:12] {nemo} Yahoo gonna' start running soon, this might be the first shot
[14:12] {dino} gj les
[14:12] {Les} hoping it holds and on't shake me loose
[14:12] {dino} hard stop it
[14:13] {_troub} will here, dino. spent this week with very low shares learning different approach on trades
[14:13] {dino} find your edge
[14:14] {nemo} odds leaning a bit towards the indexes coming in here
[14:16] {Les} yhoo was 80% scalp, so good for the day. Slow market bad for me. keep an eye on yhoo. a+
01[14:23] {@Threei}  troub, see private messaage please
01[14:25] {@Threei} Long Setup:  FB  .10 break
01[14:25] {@Threei}  If holds  58
01[14:25] {@Threei}  half lot I think
[14:28] {dptl} ye got half lot
01[14:30] {@Threei}  Poll: More than half Ukrainians favor EU membership
01[14:30] {@Threei}  good luck with that
01[14:30] {@Threei}  tzar will make sure you stay put
[14:32] {Alexs} more than half russians favor EU membership too I think
01[14:32] {@Threei}  especially as long as they enter EU on tanks
01[14:32] {@Threei}  meh FB
[14:32] {dptl} out fb
[14:33] {nathan} grrr FB
[14:33] {dptl} hated this stock..jumps like crazy all the time
[14:34] {Alexs} yeah I don't even try to trade FB
06[14:34] * @Threei wispers under breath: whimps...
[14:34] {Alexs} lol
[14:45] {dptl} do you like ebay .30 short?
01[14:46] {@Threei}  if SPY establishes downtrend from here... but that's exactly what I am trying to read
[14:47] {dptl} ok
[14:47] {thomcbell} pretty dull tape
[14:48] {nemo} oh crissakes, waiting for DDD to break 45, goes right to 45.17
[14:49] {nemo} holy shit
[14:50] {dptl} and crm .60 break short?
01[14:51] {@Threei}  same idea but liking it more than EBAY
[14:52] {dptl} too late i think
[14:52] {dptl} are you shorting ebay?
01[14:53] {@Threei}  no
[14:53] {dptl} ye..i messed crm
[14:53] {dptl} missed
[14:53] {dptl} may be now on pullback?
01[14:53] {@Threei}  good thing you corrected that, they might have sued you
01[14:54] {@Threei}  nah
01[14:54] {@Threei}  it's not as compelling play, to hurry and get it on bounce
[14:54] {dptl} i see
[14:57] {dptl} cbs?
01[14:59] {@Threei}  ?
01[14:59] {@Threei}  don't see anything there
[15:00] {dptl} .45 short was thinking
[15:00] {Alexs} you should turn on TV Vad
01[15:00] {@Threei}  which channel?
[15:01] {Alexs} CBS I guess
01[15:02] {@Threei}  oh... lol
[15:02] {nathan} well gents gn!
[15:02] {nathan} take care
01[15:02] {@Threei}  take care nathan
01[15:07] {@Threei}  Alex, we need a rule... no jokes that I don't understand
[15:07] {Alexs} :)
01[15:08] {@Threei}  (no idea how you are going to predict which ones I won't, but good rule of thumb: my level is pretty much limited to "tree pretty, fire bad")
[15:11] {Alexs} I think Putin has the same rule in Russia and it works good
01[15:11] {@Threei}  lol
[15:12] {thomcbell} lvs shocking day
01[15:12] {@Threei}  have you heard the new song, Polite People?
[15:12] {thomcbell} strong as 10 men
01[15:12] {@Threei}  I couldn't believe my ears, thought it was a parody
01[15:13] {@Threei}  I looked at it couple times, thom... was a bit too volatile
01[15:13] {@Threei}  still is
[15:14] {thomcbell} y
[15:14] {Alexs} No I haven't Vad waht is it?
01[15:14] {@Threei}  search youtube for polite people, in russian
01[15:15] {@Threei} Long Setup:  TZA  .38 break
01[15:15] {@Threei}  If holds  .28
01[15:15] {@Threei}  dp, you too
[15:15] {dptl} ok
01[15:15] {@Threei}  parallel universe, I swear
01[15:16] {@Threei}  soviet union is back from grave
[15:18] {Alexs} noooo it's a joke!
01[15:19] {@Threei}  it's not
[15:19] {Alexs} can't believe it
01[15:20] {@Threei}  explanation for non-russian speaking: http://www.japantimes.co.jp/news/2014/04/24/world/offbeat-world/russian-army-choir-lauds-polite-people/
01[15:22] {@Threei}  troub, you here?
[15:24] {dptl} well...what can i say...
01[15:25] {@Threei}  amazing that they don't ever hear how chilling some lines sound... "simply stand nearby politely holding their weapons"
01[15:30] {@Threei}  change of plan
01[15:30] {@Threei}  .l iwm .70 break
01[15:30] {@Threei} Long Setup:  IWM  .70 break
01[15:30] {@Threei}  If holds  .60
[15:31] {dptl} inval
01[15:31] {@Threei}  not yet, watching
01[15:32] {@Threei}  change to .60 break
[15:32] {dptl} isnt it just sitting in a range all day?
[15:32] {dptl} tza valid ?
01[15:33] {@Threei}  TZA, no
[15:33] {dptl} ok
[15:34] {dptl} what you see in iwm Vad?
01[15:35] {@Threei}  just an idea of the market tending lately to run up into close
[15:36] {dptl} oh....tza looks like would work
01[15:36] {@Threei}  well, such spike from under the support makes it not very tradeable to me
01[15:37] {@Threei}  I prefer break after consolidation, not on sharp spike into resistance
[15:37] {dptl} i see
01[15:37] {@Threei}  ok, last attempt IWM
01[15:37] {@Threei}  right here
01[15:37] {@Threei}  .32
01[15:37] {@Threei}  stop .24
[15:40] {Alexs} 1:1 is .40?
[15:40] {dptl} i got .34
01[15:40] {@Threei}  anything above
01[15:40] {@Threei}  but as time presses, anything becomes fair game
[15:43] {dptl} out
01[15:44] {@Threei}  nah
01[15:44] {@Threei}  oh well
01[15:44] {@Threei}  largely empty day
01[15:44] {@Threei}  thank you all, have a good evening
01[15:44] {@Threei}  see you tomorrow
[15:44] {dptl} see ya tomorrow
[15:44] {dino} cya
[15:45] {goinshort} thanks V! - traveling tomorrow cya thursday?
[15:45] {Alexs} good night all
01[15:45] {@Threei}  ok gs, safe travel
[15:46] {goinshort} thanks