Tuesday, June 17, 2014

June 17 2014

Decent day, not without stops but with wins handily outweighing them. A few 1:3ers surely helped, on IWM and DAL in particular


Session Time: Tue Jun 17 00:00:00 2014
[08:49] {dino} gm
01[08:49] {@Threei}  morning dino
[08:58] {thomcbell} gm all
01[08:59] {@Threei}  thom :)
[09:04] {dino} ko spike
01[09:05] {@Threei}  KO Fox News's Bartiromo talks with Wintergreen Advisors about possibility of taking Coca-Cola private
[09:11] {Alexs} gm
01[09:11] {@Threei}  alex :)
[09:12] {RonS} hi guys
01[09:12] {@Threei}  ron :)
[09:15] {troub} good morning you all
01[09:16] {@Threei}  troub :)
01[09:25] {@Threei}  urgent move by WH:
01[09:25] {@Threei}  (US) President Obama to announce creation of offshore marine preserve in the Pacific Ocean - pressUnder the plan, Obama will declare ocean areas 200 nautical miles offshore of seven US-controlled Pacific islands and atolls as a protected national monument.
[09:26] {dino} idiot
01[09:27] {@Threei}  this is all calculated I believe... now Iraqi rebels won't be able to invade those islands
[09:28] {dino} lol
01[09:28] {@Threei}  they call it containment
[09:28] {dptl} good morning
01[09:29] {@Threei}  dp :)
01[09:32] {@Threei} Long Setup:  FB  .20 break
01[09:32] {@Threei}  late
01[09:32] {@Threei}  no secondary entry, touched 1:1
01[09:33] {@Threei} Short Setup: FB  .20 break
01[09:33] {@Threei}  If holds  .30
01[09:33] {@Threei}  Invalidated
01[09:36] {@Threei} Short Setup: TWTR  .85 break
01[09:36] {@Threei}  If holds  .95
01[09:37] {@Threei}  no go
01[09:39] {@Threei} Short Setup: FB  .40 break
01[09:39] {@Threei}  If holds  .50
01[09:40] {@Threei}  Invalidated
01[09:41] {@Threei} Long Setup:  IWM  116 break
01[09:41] {@Threei}  If holds  .90
01[09:44] {@Threei}  1:1
01[09:44] {@Threei}  1:2
[09:44] {dino} gild hl l .15
[09:45] {dino} rspp spike
01[09:45] {@Threei}  1:3
01[09:45] {@Threei}  out
[09:45] {dino} gj
01[09:46] {@Threei}  ty
01[09:46] {@Threei}  too soon
01[09:46] {@Threei}  had this feeling it had more in it
01[09:47] {@Threei} Short Setup: FB  .50 break
01[09:47] {@Threei}  If holds  .60
[09:50] {thomcbell} clne 11.18 long break if holding 11.08
01[09:50] {@Threei}  Hundreds of thousands of dollars were no doubt spent by military personnel during the U.S. Navy’s visit to Victoria over the weekend, said the president of the Greater Victoria Chamber of Commerce.
01[09:50] {@Threei}  evil plans...
[09:51] {dino} hookers were busy i suppose
01[09:51] {@Threei}  and we don't tax them... :(
01[09:52] {@Threei}  die already FB
[09:52] {nemo} market going straight up
01[09:52] {@Threei}  sheesh IWM
01[09:52] {@Threei}  1:6
[09:53] {nemo} iwm going for gap close
01[09:53] {@Threei}  trail FB to .56
[09:54] {Alexs} you don't have sales tax in BC Vad?
01[09:55] {@Threei}  we do
[09:55] {Alexs} why you said you don't tax them?
01[09:56] {@Threei}  services are not taxed pn provincial level, only on federal
01[09:56] {@Threei}  1:1
01[09:56] {@Threei}  finally
01[09:56] {@Threei}  Teachers start provincewide strike today after talks fail
01[09:56] {@Threei}  A full-scale, provincewide strike is set to hit B.C. public schools this morning after a weekend of bargaining failed to produce a contract for teachers.
01[09:56] {@Threei}  ese with banner in picket line
01[09:57] {@Threei}  1:8 IWM
[09:57] {RonS} you have got to get a shot of that...
01[09:57] {@Threei}  with just one red bar
01[09:57] {@Threei}  if I find out where his line is :)
[10:00] {thomcbell} flattening clne as a flat trade here
[10:00] {thomcbell} should have gone there
01[10:01] {@Threei}  1:2
01[10:06] {@Threei}  most amazing IWM drive
01[10:06] {@Threei}  1:11
[10:07] {dino} nice
[10:21] {thomcbell} scty getting retarded here
[10:21] {thomcbell} no setup yet
01[10:21] {@Threei}  SCTY Chairman Musk: Solar City did not need to become a solar panel manufacturer until now, saw risk of panel shortages in the future - conf call comments
01[10:22] {@Threei}  - Goal is for unsubsidized solar power to cost less than grid electricity from coal or fracked gas - There will be "tens of gigawatts" of demand for rooftop solar in the future
01[10:22] {@Threei}  speaking of which, I liked the idea of solar roadways better
[10:24] {RonS} solar hats? would give new meaning to the term "lit up"...
[10:28] {RonS} then again, if you want some heat, be short Elon Musk...
01[10:29] {@Threei}  lol
01[10:29] {@Threei} Short Setup: CAT  .50 break hl
01[10:29] {@Threei}  If holds  .60
[10:32] {RonS} does everyone in Canada know Musk's mother was/is a Canadian?
01[10:33] {@Threei}  I doubt many know who Musk is
[10:33] {thomcbell} the tony stark complex is back
[10:33] {nemo} wasn't she originally from SA
[10:33] {thomcbell} tsla scty
[10:33] {RonS} she moved to SA
01[10:34] {@Threei}  1:1
[10:58] {dino} dwa l .51
01[11:03] {@Threei} Long Setup:  FB  .35 break
01[11:03] {@Threei}  If holds  .25
[11:05] {dino} ipcm drop
01[11:07] {@Threei}  no go
[11:10] {nemo} lvs
[11:11] {Alexs} at what price did you cover FB Vad?
01[11:11] {@Threei}  .21
[11:13] {dino} ghl hl l .73 stop .59
01[11:27] {@Threei} Short Setup: DAL  .35 break
01[11:27] {@Threei}  If holds  .45
[11:28] {Alexs} agressive for .30 ?
01[11:29] {@Threei}  yeah
[11:31] {dino} dwa to .62
[11:33] {dino} out dwa .62, +.11
[11:35] {troub} gj dino
[11:42] {dino} ty
01[11:48] {@Threei}  - Trading volumes and volatility continue to be very low in US equity markets, and indices are not doing much this morning ahead of Wednesday's FOMC meeting and press conference
[11:49] {RonS} cub mauled
[11:56] {goinshort} morning all - anything going on?
[11:56] {dino} mcrs spike
01[11:56] {@Threei}  hey gs
01[11:56] {@Threei}  decent morning, slowed down now
[11:57] {goinshort} looks slow
01[11:58] {@Threei}  DAL .35 short in progress
[11:58] {dino} sm l .30
[11:58] {RonS} Trading halted for Micros: Oracle nearing deal to buy Micros Systems for more than $5b via @BloombergNews sources.
[11:59] {dino} out flat
[12:06] {dino} sm l .74
01[12:10] {@Threei}  no go
[12:10] {dptl} cant beleive this dal
[12:10] {goinshort} stopped me out too
[12:12] {dino} mcrs stop is b/e, lets see f it can go
01[12:15] {@Threei} Long Setup:  IWM  .10 break
01[12:15] {@Threei}  If holds  117
[12:16] {Alexs} DKTK ?
01[12:16] {@Threei}  yup
[12:17] {nemo} iwm likely going to R3 today
[12:19] {Alexs} where is R3 ?
[12:19] {dino} out mcrs .00, +.26
01[12:20] {@Threei}  wtg
[12:21] {dino} mcrs sm s .95
01[12:22] {@Threei}  1:1  IWM  close enough
01[12:23] {@Threei}  ha;f out
[12:23] {dino} bs to .65
[12:25] {dino} cov .64, +.31
01[12:27] {@Threei}  nice scalping
[12:31] {dino} ty
[12:31] {dino} est 66.60s on 5b buy, imo
[12:33] {dino} sm s .55
[12:34] {dino} cov .15, +.40
01[12:41] {@Threei}  1:2
[12:46] {dino} cbi drop
01[12:54] {@Threei}  wpw
01[12:54] {@Threei}  4 golf players struck by lightning in Toronto
01[12:54] {@Threei}  dino... you need to find another hobby
[12:55] {dino} lol
[12:56] {Alexs} did they survive?
01[12:56] {@Threei}  3 in critical condition in the hospital
[13:02] {RonS} ever met anyone hit by lightning?...they are goofy and really are never the same person again
01[13:03] {@Threei}  no but I met someone who was wearing a protective helmet when a brick fell on his head
01[13:03] {@Threei}  he just smiled and shrugged
01[13:03] {@Threei}  and he smiles and shrugs every 10-15 seconds ever since
01[13:11] {@Threei}  3 upgraded to stable, one in critical
[13:27] {dino} gild hl l .74
[13:34] {nemo} I wonder if Les got hit by lightning
[13:37] {dino} ghl stop .80, +.08
[13:39] {dino} gmcr spike
[13:40] {nathan} hi all
01[13:40] {@Threei}  hey nathan
[13:40] {dino} hey nat
01[13:41] {@Threei}  looking to repeat IWM on pullback
01[13:53] {@Threei} Long Setup:  IWM  .30 break
01[13:53] {@Threei}  If holds  .20
01[14:01] {@Threei}  nah
01[14:05] {@Threei}  G20 financial industry regulators reportedly considering instituting new capital buffers; would include mandatory bail in bonds for global banks - Japan press- New regulations would apply to the top approximately 25 banks worldwide; requiring additional capital buffers against losses
01[14:05] {@Threei}  mandatory bail in... heh
01[14:06] {@Threei} Short Setup: DAL  .70 break
01[14:06] {@Threei}  If holds  .80
[14:07] {Alexs} next step is a mandatory nationalization
01[14:14] {@Threei}  Federal pipeline announcement coming this afternoon. Demonstrations already planned.
01[14:14] {@Threei}  lol
[14:15] {Alexs} keystone?
01[14:15] {@Threei}  no
01[14:15] {@Threei}  northern pipeline, taking alberta oil to west coast
01[14:15] {@Threei}  to supply asia
01[14:16] {@Threei}  pushback promises to be vicious
[14:16] {RonS} the real reason the teachers went on strike...
01[14:25] {@Threei}  stop to .76
01[14:27] {@Threei}  left plans so called "citizen initiative" to block the pipeline
01[14:28] {@Threei}  BC is the only province where this process succeeded
[14:34] {dino} cbi blood, rumurs shaw being written off
[14:36] {RonS} no way...
01[14:36] {@Threei}  (IQ) US Senate minority leader McConnell (R-KY): President Obama has asked to meet with leaders of Congress tomorrow at 1500ET, expectation is for discussions on Iraq
[14:37] {goinshort} dive DAL dive !
[14:38] {goinshort} that helped
06[14:38] * @Threei puts a jackhammer to DAL's head
01[14:40] {@Threei}  1:1
[14:42] {dino} move s .68
[14:44] {dino} cov move .48, +.20
[14:52] {nathan} gn guys
[14:52] {nathan} take
01[14:53] {@Threei}  take care nathan
[14:53] {nathan} care
[14:53] {dino} move s .88
[14:55] {dino} stop .05
[14:55] {dino} -.17
[14:56] {dino} reload s .17
[14:58] {nemo} we're in the FED event horizon
[14:58] {dino} cov move .81, +.36 dl
[15:07] {dino} fed tomorrow?
01[15:08] {@Threei}  yes
01[15:08] {@Threei}  1:2
01[15:08] {@Threei}  good girl DAL
[15:12] {dino} odd home sales -6% last month, but trla, z, move rocking
[15:16] {RonS} but what were the sales numbers on the even ones?
[15:18] {dino} cveo drop
[15:19] {dino} hl l .02
[15:21] {dino} stop .80 -.22
[15:23] {dino} rinsed
01[15:25] {@Threei}  closed DAL at 1:3 of course
[15:25] {dino} gj
01[15:25] {@Threei}  remember that stop it gave us earlier?
01[15:25] {@Threei}  got our revenge
[15:25] {dino} move moving again
[15:29] {nemo} could make an argument for iwm long here
[15:30] {Alexs} what the target nemo?
[15:30] {nemo} first above .90
[15:31] {nemo} sorry
[15:31] {nemo} .15
[15:31] {nemo} was looking at tna
[15:31] {dino} cveo reloaded .60
[15:31] {nemo} if it farts around too long without getting through .15 just take the scalp
[15:32] {nemo} spy and finnies look iffy
[15:32] {dino} watt spike
[15:32] {nemo} oh jeez, Ron should be popping off any second now
[15:33] {dino} out cveo .87, +.27
[15:35] {nemo} I'd have a stop under .10 now
[15:35] {nemo} bastids making it difficult
[15:37] {nemo} look at that hammer forming bastids
[15:39] {nemo} missed frickin' target by the proverbial "hair"
[15:46] {dptl} ok, see you latter all...have a good one
01[15:46] {@Threei}  thank you all
01[15:46] {@Threei}  have a good evening, see you tomorrow
[15:52] {dino} out gild .86, +.12
[15:52] {dino} calling it a day, thx all and gn