Session Time: Wed May 14 00:00:00 2014
[08:59] {dino} gm
01[08:59] {@Threei} dino :)
[09:06] {troub} good morning to the 4 of you
01[09:06] {@Threei} troub :)
01[09:06] {@Threei} people sleep to the last moment
[09:09] {dptl} good morning
[09:09] {RonS} hi guys
01[09:09] {@Threei} dp :)
01[09:09] {@Threei} ron :)
[09:10] {nemo} no spy volume to speak of
[09:11] {nemo} and I'm out of vodka
01[09:11] {@Threei} uh oh
01[09:11] {@Threei} we don't want that
[09:11] {nemo} gonna' be a rough day
[09:12] {nemo} PPI was up against estimates
01[09:15] {@Threei} *(CA) CANADA HOUSE PRICE INDEX: 161.28 V 160.42 PRIOR
01[09:15] {@Threei} never stopped rising
[09:15] {nemo} nor do the taxes
01[09:15] {@Threei} not really
01[09:16] {@Threei} slightly lower even
01[09:17] {@Threei} we are bucking the world's leftist trend
[09:24] {nemo} spy not even a million shares, gonna' likely be a quiet day
01[09:24] {@Threei} stock selective trading
[09:25] {Alexs} good morning
01[09:25] {@Threei} alex :)
01[09:26] {@Threei} some imagery is just... a military camp has been set in former child summer camp. Here is result:
01[09:26] {@Threei} http://www.kyivpost.com/media/images/2014/05/14/p18nt1sgpt1lom9qo132g1b58sh74/big.jpg
01[09:27] {@Threei} sign written in childishly looking letters says "welcome"
01[09:31] {@Threei} Short Setup: FB .40 break hl
01[09:31] {@Threei} If holds .50
01[09:31] {@Threei} nah
[09:33] {cosmo} knife bounced
[09:33] {nemo} GMCR likely in play on short side today
[09:34] {dino} data smr l .20
01[09:34] {@Threei} Long Setup: IWM .85 break
01[09:34] {@Threei} If holds .75
01[09:34] {@Threei} Invalidated
01[09:35] {@Threei} wow
01[09:36] {@Threei} what was that
01[09:36] {@Threei} (RU) Reportedly the US is building the case for targeted sanctions against Russia energy industry; US may be able to apply sanctions without EU support - FT- US would like to block exports of oil and gas technology only for new projects run by state-controlled companies, but allow exports of oil and gas equipment and services to existing oil and gas fields. - Goal would be to put the future development of Russia's energy infrastructure and industry in doubt. - Exempting private sector companies would also help their local rivals such as Novatek, the Russian independent gas group, which would probably be allowed to go ahead with Yamal LNG - The US is seeking support from European countries for its plan, but that may not be necessary
01[09:37] {@Threei} Long Setup: FB .45 break
01[09:37] {@Threei} If holds .35
01[09:37] {@Threei} 1:1
01[09:37] {@Threei} that was fast
01[09:38] {@Threei} Long Setup: IWM .60 break
01[09:38] {@Threei} If holds .50
01[09:38] {@Threei} 1:1
01[09:39] {@Threei} sheesh FB
01[09:39] {@Threei} I doubt anyone got it but if you did, exit time
[09:39] {cosmo} unnecessary because they already requested it?
[09:43] {dino} data to .68
01[09:43] {@Threei} IWM is coming back for one more entry
01[09:43] {@Threei} desirably from under .60
01[09:44] {@Threei} FB hit 1:6, lol
[09:44] {dino} out data .89, +1.69
01[09:44] {@Threei} wtg
[09:44] {dino} ty
[09:46] {troub} very good dino
[09:46] {dino} ty
01[09:47] {@Threei} Short Setup: FB .05 break
01[09:47] {@Threei} If holds .15
01[09:48] {@Threei} trail to .11
01[09:48] {@Threei} 1:1
01[09:50] {@Threei} trail to .01
[09:51] {dino} wow zu on lockup exp
01[09:52] {@Threei} Short Setup: WMT .55 break
01[09:52] {@Threei} If holds .65
[09:53] {dino} zu smr l .33
[09:53] {dino} out zu .73, +.40
[09:55] {dino} pall
[09:55] {dino} to fast
[09:56] {dino} too, too
01[09:56] {@Threei} two toos?
[09:57] {dino} tu-tu
01[09:57] {@Threei} trail to .61
01[10:00] {@Threei} meh
[10:00] {dino} 07 green
01[10:01] {@Threei} feels like one last pullback, and then melt-up
01[10:06] {@Threei} Long Setup: P .50 break
01[10:06] {@Threei} If holds .40
[10:06] {thomcbell} in what Vad
[10:06] {thomcbell} in market in general?
01[10:06] {@Threei} melt-up?
01[10:06] {@Threei} yes
01[10:06] {@Threei} market
[10:06] {nemo} DAX flat
01[10:07] {@Threei} rcford, see private message please
[10:07] {nemo} wow...he gets a private message
01[10:25] {@Threei} mama
01[10:25] {@Threei} It's May 14 and it's snowing at Portage Avenue and Main Street in Winnipeg.
01[10:25] {@Threei} Long Setup: IWM .50 break
01[10:25] {@Threei} If holds .40
[10:28] {dino} dxpe smr l .45
01[10:29] {@Threei} this should be it... up and away
01[10:30] {@Threei} Long Setup: TWTR .55 break hl
01[10:31] {@Threei} If holds .45
01[10:32] {@Threei} 1:1
01[10:32] {@Threei} Long Setup: FB .20 break
01[10:33] {@Threei} If holds .10
01[10:33] {@Threei} change to .15 break
01[10:33] {@Threei} If holds .05
[10:38] {Alexs} FB valid?
01[10:38] {@Threei} yes
01[10:39] {@Threei} no go
01[10:43] {@Threei} hmmm... no enthusiasm
[10:46] {dino} twtr stop -.12
01[10:49] {@Threei} here comes my long expected melt-up
01[10:51] {@Threei} Long Setup: CAT .65 break
01[10:51] {@Threei} If holds .55
01[10:53] {@Threei} Invalidated
01[10:53] {@Threei} for now
01[10:53] {@Threei} Long Setup: CAT .50 break
01[10:54] {@Threei} If holds .40
[10:54] {Alexs} CAT hl?
01[10:55] {@Threei} 3/4...
[10:55] {Alexs} lol
01[10:55] {@Threei} seriously
[10:55] {Alexs} ok
01[10:55] {@Threei} it's not as volatile as to warrant hl
01[10:55] {@Threei} not as thick as to allow full lot
[10:55] {Alexs} yes
01[10:57] {@Threei} hmmm... rally can't take firm root
[10:58] {nemo} DAX flat
[10:59] {dino} doesn't seem to want to hold
[10:59] {dino} 07 red
[11:10] {dino} jgw blood
01[11:13] {@Threei} Long Setup: ABBV .60 break
01[11:13] {@Threei} If holds .50
01[11:22] {@Threei} let's trail CAT to .44
01[11:24] {@Threei} 1:1
01[11:24] {@Threei} finally
[11:31] {dino} jgw l .64
01[11:32] {@Threei} ABBV stop to .54
[11:32] {dino} out jgw .86, +.22
01[11:32] {@Threei} forms nice C&H
01[11:33] {@Threei} that's too fast dino... you can't do that
01[11:33] {@Threei} let's take half off ABBV
[11:35] {dino} sorry, i'll give it back
01[11:35] {@Threei} please
01[11:36] {@Threei} 1/4 more out
[11:37] {dino} dxpe maybe open gap attack
01[11:40] {@Threei} 1:2
01[11:48] {@Threei} 1:3
01[11:48] {@Threei} out'
01[11:48] {@Threei} obscure stock treades better than many of maonstream ones
01[11:48] {@Threei} 1/2 cat
01[11:48] {@Threei} 1:2 CAT
[11:51] {dino} gj
01[11:51] {@Threei} ty
01[12:16] {@Threei} Short Setup: P 24 break
01[12:16] {@Threei} If holds .10
[12:37] {dino} cyn smr l .85
[12:42] {thomcbell} A 56 long break if holding 55.90
[12:45] {Alexs} time for dktk setaps Vad?
[12:45] {nemo} napizdiel
[12:45] {Alexs} setups too
[12:47] {Alexs} lol nemo now I see you have a great expertise in russian translation
01[12:47] {@Threei} i think so alex
01[12:47] {@Threei} lol
[12:47] {thomcbell} A 1:1
[12:48] {nemo} just enough to be dangerous
[12:48] {nemo} I take Russian on Monday nights
[12:48] {nemo} byproduct of book night
[12:52] {RonS} whr spin out
[12:52] {nemo} yeah, number 5 weak on the algo today pnc lvs de len whr
[12:54] {RonS} probably purchased 20000 whr pieces in former career
[12:55] {RonS} 6-12 truckloads per week
[13:01] {dino} cyn stop .67 -.18
[13:08] {RonS} fwiw major appliance biz is amazingly seasonal
[13:08] {RonS} may, june, july, november the big months
[13:09] {RonS} may = laundry, june, july = reefers, nov = cooking
[13:11] {RonS} freekin soda missed us biz big and is up 3%
[13:15] {nemo} LVS
[13:22] {dino} panw sm l .15
01[13:31] {@Threei} LVS looks interesting for recovery
01[13:31] {@Threei} Long Setup: LVS .81 hl
01[13:31] {@Threei} and will add another half on pillback or on break of .90
[13:33] {Alexs} explain pls about add on pullback Vad
01[13:34] {@Threei} if .80 break after pullback from .90 is real entry point, LVS should break .90 and go, as it already rinsed firsat buyers, so we can add half lot at .90 break.
01[13:34] {@Threei} If it's not, then another rinse will follow,
01[13:35] {@Threei} and actual entry should occur around .70
01[13:35] {@Threei} The odds are fairly even,
01[13:35] {@Threei} so I am trying to accomodate both scenarios
01[13:35] {@Threei} by taking half here
[13:35] {troub} and stp @70?
01[13:35] {@Threei} and adding half on .90 break or around .70
[13:35] {Alexs} ok thanks
01[13:35] {@Threei} no
01[13:36] {@Threei} .70 would be adding another half, with stop for the whole thing under .65
01[13:36] {@Threei} so far first scenario plays out
[13:36] {troub} ok
01[13:36] {@Threei} second half here
01[13:36] {@Threei} average is about .86
01[13:36] {@Threei} stop .75
01[13:37] {@Threei} jujst under the low of that long red bar
[13:37] {Alexs} so 1:1 is about .95
01[13:37] {@Threei} 13:28
01[13:37] {@Threei} right
01[13:38] {@Threei} of course if you are more comfortable with scalp, you can simply start taking profit around 1:1 from first entry
01[13:38] {@Threei} it's good to have options
01[13:44] {@Threei} trail stop to .79 now
01[13:44] {@Threei} under the low of this last pullback, bottomed out at .81
01[13:44] {@Threei} love the clear structure of this play
[13:45] {Alexs} lol
01[13:46] {@Threei} what? look at the chart, it's so logical
01[13:46] {@Threei} my engineer's nature appreciates this kind of things
[13:47] {Alexs} my animal nature prefer 1:3 ASAP
01[13:47] {@Threei} well, yes... can't argue with that
[13:47] {Alexs} :)
01[13:47] {@Threei} but be careful reevealing your animal nature with avid hunter nemo around
[13:48] {Alexs} oh yeah am scared
01[13:49] {@Threei} oh well
[13:50] {Alexs} that was entertaining
[13:55] {thomcbell} zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz
01[13:57] {@Threei} 40 cents SPY range
01[13:58] {@Threei} ABBV is about the only darling of the day
[14:02] {dino} afternoons are dead
01[14:02] {@Threei} today afternoon started early, lol
[14:08] {nathan} hi sirs
01[14:09] {@Threei} hi nathan
01[14:09] {@Threei} gravity suddenly appeared
01[14:10] {@Threei} not muc but still
[14:10] {nathan} what happened today? SPY only 36M???
01[14:10] {@Threei} yeah, light trading
[14:10] {nathan} you didnt play today?
[14:10] {nathan} :-)
[14:11] {nemo} 48 million is the lowest volume over the last 1000 trading days
[14:11] {dino} wow
[14:11] {nathan} we'll have a new record
[14:11] {nemo} I lied 45,368,800
[14:12] {dino} only good thing i can see is thats its low volume on down day
[14:12] {thomcbell} so we are on pace for the slowest trading day in 1000 days?
[14:12] {dino} which makes it feel like a thousand years
[14:12] {nemo} Having said that, you kinda' got to throw out 2008-2010 as volume extremes given the period
[14:13] {dino} yeah, but they are not within 1000 days
[14:13] {Alexs} 1000 days is a very important range I guess
[14:13] {nemo} 1000 trading days
[14:14] {nemo} you have about 220 trading days a year
[14:14] {dino} ok
[14:14] {Alexs} in the USSR thay liked 5 years more
[14:14] {nemo} actually 365-104-8
[14:15] {nemo} hahahaha
[14:15] {nemo} you should spend more time with Les
[14:17] {nemo} I just have daily data going back that far
[14:18] {dino} panw stop -.23
01[14:22] {@Threei} Long Setup: ABBV 53 break
01[14:22] {@Threei} If holds .90
[14:34] {dino} wtf, panw and cyn both rinsed
[14:41] {nathan} I stop for today
[14:42] {nathan} wtf of day
[14:42] {nathan} gn gents! see you tomorrow
01[14:43] {@Threei} what did you trade?
[14:43] {nathan} I tried FN
[14:43] {nathan} FB
[14:43] {nathan} bad read
01[14:43] {@Threei} Invalidated ABBV
[14:48] {nathan} nice fall FB now
01[14:48] {@Threei} no news
[14:51] {nathan} should we see a spike meaning the end of the fall?
01[14:52] {@Threei} with this volume, anyone's guess
01[14:52] {@Threei} rather yes
01[15:04] {@Threei} Long Setup: FB .55 break
01[15:04] {@Threei} .c .45
01[15:04] {@Threei} If holds .45
[15:04] {RonS} ire drop
01[15:05] {@Threei} two sided
01[15:05] {@Threei} ugh, late
01[15:05] {@Threei} argh
01[15:06] {@Threei} 1:1 on short side
01[15:06] {@Threei} was a tad late with alert
01[15:09] {@Threei} shoot me now
01[15:15] {@Threei} Long Setup: FB .25 break
01[15:15] {@Threei} If holds .15
[15:17] {dino} emes drop
[15:17] {dino} smr l .10
01[15:19] {@Threei} half out
01[15:19] {@Threei} 1:1
[15:26] {nemo} check out an sso long here above .37 stop under .30
[15:28] {dino} out emes .40, +1.30
01[15:28] {@Threei} whew
01[15:28] {@Threei} that was nice one dino
[15:29] {dino} lucky
01[15:29] {@Threei} of course
01[15:34] {@Threei} Short Setup: LVS .50 break
01[15:35] {@Threei} If holds .60
[15:37] {nemo} 188.75 spy is S4 on daily
[15:45] {dptl} see ya tomorrow all
01[15:46] {@Threei} take care dp
01[15:57] {@Threei} probably a breather day
01[15:57] {@Threei} pullback on light volume
[15:57] {dino} gn all
01[15:57] {@Threei} thank you all, have a good evening
01[15:57] {@Threei} see you tomorrow
Session Time: Thu May 15 00:00:00 2014
