Wednesday, June 4, 2014

June 04 2014

Almost perfect day with many strong wins and two small stops. We adjusted to this low volume environment quite well, winning handily day after day.

Session Time: Wed Jun 04 00:00:00 2014
[08:58] {thomcbell} gm
[08:58] {nemo} matter of opinion
[08:58] {thomcbell} nice nemo
[08:59] {nemo} such modifiers are not often used in my case
01[08:59] {@Threei}  thom, nemo :)
[09:00] {nemo} NQ active
[09:02] {nemo} by the way, the modern BBC rendition of Sherlock Holmes with Benedict Cumberbatch is quite entertaining
[09:02] {thomcbell} yes i really like that show
01[09:02] {@Threei}  I agree
01[09:05] {@Threei}  unlike Elementary which started out decently but quickly fizzled out
[09:06] {RonS} hey dudes...
01[09:06] {@Threei}  ron :)
[09:07] {nemo} yeah, but I can look at Lucy Liu
[09:07] {RonS} Lucy Liu has got to be the hottest 40+ year old on the planet
[09:07] {nemo} 44
01[09:07] {@Threei}  yup
[09:07] {dino} gm all
01[09:07] {@Threei}  dino :)
[09:07] {cosmo} sf dino
01[09:07] {@Threei}  she is the only thing that show has going for it
[09:07] {cosmo} sf = so far...
[09:08] {RonS} nq short fry ongoing
[09:10] {nemo} closed the gap in premarket
[09:10] {nemo} SPY volume not bad this morning, but we might see a fizzle out into the ECB tomorrow
[09:11] {RonS} p pasted
[09:12] {nemo} freestock charts seems to have stopped it's ad column
01[09:14] {@Threei}  so, NQ seems to be a case where muddy waters have made false claim
[09:14] {dptl} good morning
01[09:14] {@Threei}  dp :)
[09:15] {RonS} scty burning down the house
[09:15] {nemo} thank you Mr. Byrne
01[09:17] {@Threei}  Pandora Reports May audience metrics: active listeners +9% y/y to 77M v 70.8M y/y - Listener hours 1.73B, +28% y/y - Share of total radio listeners 9.13% v 7.29% y/y
[09:19] {RonS} vnda strength for some reason...
01[09:20] {@Threei}  Vanda Pharmaceuticals Inc European Medicines Agency Accepts HETLIOZ (tasimelteon) Marketing Authorization Application for Non-24-Hour Sleep-Wake Disorder in the Totally Blind
[09:21] {RonS} ese conspicuously absent...
[09:26] {thomcbell} Solar ones to watch
[09:29] {thomcbell} tsl and jks would be most effected
[09:29] {RonS} affected fwiw...pru strength
01[09:31] {@Threei} Long Setup:  FB  .30 break
[09:31] {RonS} met too...something about rule change
[09:32] {dino} wheres' scty get its panels from, china?
01[09:32] {@Threei}  If holds  .20
[09:33] {thomcbell} aig watching
01[09:33] {@Threei}  1:1
01[09:34] {@Threei}  1:2
01[09:38] {@Threei} Short Setup: YHOO  .50 break
01[09:38] {@Threei}  If holds  .55
01[09:40] {@Threei}  1:1
[09:43] {dino} idcc hl l .75
01[09:44] {@Threei}  *(US) MAY FINAL SERVICES PMI: 58.1 V 58.2E
[09:45] {dino} scty smr l .75 wide...pulp type
01[09:48] {@Threei} Long Setup:  FB  .40 break
01[09:48] {@Threei}  ugh, late
[09:50] {dino} idcc to .99
01[09:52] {@Threei}  grrr
[09:53] {dino} idcc to .25
[09:56] {dino} out scty .10, +.35
[09:56] {mrcanada} g'day
01[09:56] {@Threei}  nrc
01[09:56] {@Threei}  mrc
[09:56] {thomcbell} trn getting some footing here
[09:57] {dino} idcc to .45
01[09:58] {@Threei} Long Setup:  EBAY  .10 break
01[09:58] {@Threei}  If holds  50
01[09:59] {@Threei}  *(US) MAY ISM NON-MANUFACTURING COMPOSITE: 56.3 V 55.5E
[10:01] {dino} slip, out idcc .40, +.65
[10:01] {thomcbell} ebay still valid vad for time being correct
01[10:03] {@Threei}  yes
[10:05] {dino} emes drop
[10:07] {dino} pall drop
01[10:13] {@Threei}  1:1
[10:17] {dino} out ua calls from last month, +.60/30%
01[10:22] {@Threei}  1:2
01[10:23] {@Threei}  3:3, and one late alert which would have been 1:4
01[10:23] {@Threei}  can I go home?
[10:29] {dino} indeed
[10:29] {thomcbell} fb entry was fabulous
[10:31] {dino} data leftovers stop to .48
[10:33] {dino} out data, slip, .41, +.66
01[10:33] {@Threei}  1:3
01[10:33] {@Threei}  out
01[10:40] {@Threei} Long Setup:  FB  .10 break
01[10:40] {@Threei}  If holds  63
01[10:42] {@Threei}  Invalidated
01[10:44] {@Threei}  The United States on Tuesday handed back its only Central Asian airbase to the government of Russia's close ally Kyrgyzstan, as President Barack Obama winds down U.S. involvement in Afghanistan and Moscow makes a comeback in its old imperial backyard.
[10:44] {nemo} wow gm
01[10:44] {@Threei}  US allots $5 million to Ukraine on body armor, night vision, communications devices
01[10:45] {@Threei}  Pandora Exec: See huge growth opportunities in the US - annual meeting
01[10:48] {@Threei}  FB's valid again
01[10:53] {@Threei}  1:1
01[10:54] {@Threei}  1:2
[11:08] {dptl} tsl .70 break long
01[11:24] {@Threei} Short Setup: GM  .45 break
01[11:24] {@Threei}  If holds  .55
01[11:31] {@Threei}  stop to .51
01[11:38] {@Threei}  Shell has halted shale gas exploration in eastern Ukraine over concerns for the safety of personnel, the regional administration in Donetsk region said
01[11:38] {@Threei}  another win for Putin
01[11:52] {@Threei}  Ukrainian President-Elect Petro Poroshenko has said that he is ready to sign the economic part of the Association Agreement between Ukraine and the European Union as soon as he is officially sworn in as president of Ukraine.
01[11:52] {@Threei}  ih oh
[11:52] {nemo} gm might be long here
01[11:52] {@Threei}  watch for sharp escalation in war
[11:59] {nemo} gm
01[11:59] {@Threei}  gd to you too
[11:59] {nemo} GM
01[11:59] {@Threei}  GM to you too
[11:59] {nemo} you know better
01[11:59] {@Threei}  :)
[11:59] {nemo} that's it!
[12:00] {nemo} you're out of my will!
01[12:00] {@Threei}  oops
01[12:00] {@Threei}  I am sorry?
01[12:00] {@Threei}  very sorry?
[12:00] {nemo} that's an understatement
[12:00] {nemo} there goes GM
01[12:00] {@Threei}  out GM
[12:01] {dptl} vlo .50 break long
[12:01] {nemo} worth a try, watch though.. up to .63 gonna' be a tough slog
[12:02] {nemo} btw dp...this is the traditional season for refiner's t start to sell off
[12:02] {nemo} refiners
01[12:05] {@Threei}  good one dp
[12:05] {dptl} :)
01[12:08] {@Threei}  troub... missed great morning...
[12:10] {troub} More sorry than you know
01[12:10] {@Threei}  I was hot like Kniphofia
[12:11] {troub} installed 8.1 and nothing but problems.
[12:11] {dino} gj dp
06[12:11] * @Threei puctures nemo googling that word
01[12:11] {@Threei}  ugh... why do you need it?
01[12:11] {@Threei}  win 7 works perfectly
[12:12] {troub} couple of programs I need work better on it
[12:12] {troub} at least I'm ok here and broker
01[12:13] {@Threei}  so you made it work?
[12:13] {troub} yes, but caused router and private network problems working out
[12:13] {troub} thanks for interest
[12:14] {troub} probably need Nemo to come fix it
[12:17] {_brian28} test
01[12:17] {@Threei}  pass
[12:18] {_brian28} excellent
01[12:18] {@Threei}  :)
01[12:18] {@Threei}  since action slowed down and you missed active period of morning trading... any questions we might answer?
[12:18] {dino} wow scty
[12:19] {dptl} p .85 break short
[12:19] {_brian28} Just going to sit back and observe for the afternoon to see if I have any
[12:23] {dptl} stop .91 p
01[12:27] {@Threei}  another good one dp... you are one little Kniphofia today as well
[12:28] {dptl} :)
[12:28] {dino} welcome to our jungle b28
[12:29] {dino} rkt drop
01[12:36] {@Threei}  brian, see private message
[12:41] {dptl} short tibx .58
[12:44] {nemo} think we're going into an ecb coma
[12:48] {nemo} should be pretty good gaps one way or the other tomorrow morning
01[12:51] {@Threei}  sheesh, nemo was always master of disguise but this is a bit too much:
01[12:51] {@Threei}  Indian girl, 13, becomes youngest to climb Everest
[12:51] {dino} lol
01[12:52] {@Threei}  what wouldn't people do to hide the bodies where no one will look...
[12:54] {dino} rkt all over the tape
[12:54] {dptl} out tibx
01[12:54] {@Threei}  gj
[12:55] {dptl} ty
[12:56] {dino} quitting early today, golf match. thx for ideas and gn/gl
01[12:56] {@Threei}  take care dino
[12:56] {dino} u2
01[12:57] {@Threei} Long Setup:  SUNE  .25 break
01[12:57] {@Threei}  If holds  .15
01[13:13] {@Threei}  Invalidated
01[13:28] {@Threei} Long Setup:  IWM  .40 break
01[13:28] {@Threei}  If holds  .30
01[13:36] {@Threei}  two-sided
[13:38] {dptl} short pru
01[13:38] {@Threei}  80 break
01[13:39] {@Threei}  half lot
[13:39] {dptl} stop .11 pru
01[13:39] {@Threei}  this one can be unexpectedly volatile sometimes
[13:39] {dptl} small
01[13:42] {@Threei}  good one
06[13:42] * @Threei slaps dptl around a bit with a large roll of cash
[13:42] {dptl} :)
[13:50] {thomcbell} fslr drifting for a while - 65.30 is vwap
[13:50] {thomcbell} looking for a setup there
01[13:55] {@Threei}  1:1
[14:01] {_brian28} Vad, when you said two-sided and 80 break, what did you mean, and which stock were you referring to?
01[14:02] {@Threei}  this was one call:
01[14:02] {@Threei}  [13:28] {@Threei} Long Setup: IWM .40 break
01[14:02] {@Threei}  [13:28] {@Threei} If holds .30
01[14:02] {@Threei}  [13:36] {@Threei} two-sided
01[14:02] {@Threei}  remark about 80 break was response to
01[14:02] {@Threei}  [13:38] {dptl} short pru
[14:04] {dptl} 88 actualy
01[14:04] {@Threei}  yeah
[14:06] {_brian28} okay, so what did you mean when you said two-sided in regards to IWM
[14:06] {_brian28} I thought the 80 comment was about pru, but wasn't sure
01[14:06] {@Threei}  range was .30 - .40 at the moment, and the call: buy .40 break if holds .30
01[14:07] {@Threei}  "Two-sided" addition means:
01[14:07] {@Threei}  .30 break short if holds .40 is a valid setup as well,
[14:07] {_brian28} ahh okay, now I understand
[14:07] {_brian28} thank you
01[14:07] {@Threei}  so whichever trigger comes first, determines direction of the trade
01[14:07] {@Threei}  .40 triggered making it long
[14:08] {dptl} bmy long.35
[14:10] {nemo} wow, we could beat the lowest spy trading volume of the last 1000 trading days today
[14:13] {RonS} 3i's photography competition?  pic.twitter.com/QcAaHMhk2S
01[14:14] {@Threei}  no competition... such flexibility is way beyond my wildest dreams {G}
[14:24] {dptl} stop to .34 bmy.....its either go now or not
[14:28] {dptl} will trail it small shares
[14:36] {dptl} out
[14:44] {dptl} sune again? Vad?
01[14:45] {@Threei}  not sure
01[14:45] {@Threei} Short Setup: IWM  .25 break
01[14:45] {@Threei}  If holds  .35
[14:48] {nemo} this market is mind numbing
01[14:48] {@Threei}  1:1
01[14:48] {@Threei}  not at all... mine's functioning quite well
01[14:49] {@Threei}  then again, I have this delusion for years
[14:54] {dptl} short jks .90
[15:00] {dptl} out
01[15:10] {@Threei} Long Setup:  FB  .50 break
01[15:10] {@Threei}  If holds  .40
01[15:15] {@Threei}  change to .40 break
01[15:16] {@Threei}  If holds  .35
01[15:17] {@Threei}  meh
01[15:19] {@Threei} Long Setup:  IWM  .25 break
01[15:25] {@Threei}  stop under .15 for now
01[15:26] {@Threei}  with trail to .19 after .30 break
[15:27] {nemo} look how thin the book is on iwm
01[15:27] {@Threei}  trail
01[15:30] {@Threei}  1:1
01[15:41] {@Threei}  .29 now
01[15:42] {@Threei}  actually... .34
01[15:45] {@Threei}  1:2
01[15:46] {@Threei}  very nice day continuing very nice week
[15:46] {goinshort} 1:1 +   thanks V!
01[15:46] {@Threei}  thank you all, have a great evening
01[15:46] {@Threei}  see you tomorrow