Friday, June 20, 2014

June 20 2014

Must be the slowest 1:4 this year:


Nice day overall, with solid profits and ending with almost 1:2 on IWM.


Session Time: Fri Jun 20 00:00:00 2014
[08:45] {cosmo} early to bed; early to rise; girls go out with other guys...sheesh
[08:46] {cosmo} need coffee...
01[08:47] {@Threei}  lol
[09:04] {RonS} hey there bunny boy, how is your dad doing?
[09:06] {RonS} trgp pulp du jour
01[09:06] {@Threei}  ron :)
[09:08] {nemo} Quad witching...sleepy time
[09:08] {dino} gm
[09:08] {nemo} dcc Ron
01[09:10] {@Threei}  dino :)
[09:12] {RonS} sheesh, missed that the difference between wti and brent was blowing out...the refiners would have been a layup yesterday
[09:12] {nemo} sucks getting old and decrepit
[09:15] {RonS} db brutal
[09:18] {dino} hitting tues lod db
[09:19] {troub} good morning you all
01[09:20] {@Threei}  troub :)
[09:28] {Alexs} gm
01[09:28] {@Threei}  slex :)
01[09:28] {@Threei}  s=a
01[09:31] {@Threei} Long Setup:  FB  .40 break
01[09:31] {@Threei}  If holds  .35
01[09:32] {@Threei}  valid
01[09:32] {@Threei}  1:1
01[09:34] {@Threei}  1:2
01[09:38] {@Threei} Long Setup:  TWTR  .85 break
01[09:38] {@Threei}  If holds  .75
01[09:38] {@Threei}  1:1
01[09:41] {@Threei}  ese: a) sleeps in; b) stand in picket line; c) googling new arguments in support of socialism
[09:43] {dino} db hl l .80
01[09:45] {@Threei}  wow
01[09:45] {@Threei}  no news
01[09:46] {@Threei}  someone tripped TWTR
01[09:49] {@Threei} Long Setup:  FB  .75 break
01[09:49] {@Threei}  If holds  .65
01[09:53] {@Threei} Short Setup: C  .65 break
01[09:53] {@Threei}  If holds  .75
01[09:54] {@Threei}  nah FB
[09:58] {Alexs} JPM looks more interesting
01[09:59] {@Threei}  *(EU) EURO ZONE JUN ADVANCE CONSUMER CONFIDENCE: -7.4 V -6.5E
01[10:00] {@Threei}  US Govt adds additional individuals from Ukraine and Russia to sanctions list for their roles in promoting insurgent rebel activity in the eastern region
[10:02] {RonS} “If God had wanted man to play soccer, He wouldn't have given us arms” -  Mike Ditka
01[10:02] {@Threei}  lol
01[10:04] {@Threei}  stop to .71
[10:08] {Alexs} Ron in the soccer players use their feet and heads in the football feet and hands, so they don't need their heads then?
01[10:09] {@Threei}  why, they use them to play, unlike arms
[10:09] {Alexs} football players?
01[10:09] {@Threei}  soccer
01[10:10] {@Threei}  they also eat by them
01[10:10] {@Threei}  oh, you are making distinction between football and soccer
01[10:10] {@Threei}  no, they don't, but... what else is new?
[10:11] {Alexs} Vad Ditka is a football player so ...
[10:11] {dino} insm sm s .66
01[10:11] {@Threei}  well, this is first time in my life I hear the name, so you'll have to forgive me {G}
[10:11] {dino} unfl hl l .73 gappy
[10:11] {Alexs} lol
[10:12] {RonS} unfl?
[10:13] {dino} unfi
[10:13] {dino} sorry
[10:13] {dino} you guys were talking football, brought back unfl memories
[10:15] {Alexs} lol dino
[10:15] {dino} :)
01[10:20] {@Threei}  1:1
01[10:20] {@Threei}  (unlike JPM)
[10:20] {Alexs} master was right :)
01[10:21] {@Threei}  I also am calllous and vengeful
01[10:22] {@Threei}  ok, so far so good trades wise, but action has slowed already
[10:22] {Alexs} is it a threat ?
01[10:23] {@Threei}  no, stating a fact
[10:23] {nemo} Quad Witching action
01[10:23] {@Threei}  my wife told me I need to confess at least one sin a day
01[10:24] {@Threei}  so I could list them all in about 3-4 years
01[10:24] {@Threei}  so I started today
01[10:25] {@Threei}  m?
[10:27] {Alexs} lol it looks like hacker's attack
01[10:31] {@Threei}  die C
[10:36] {dino} insm bs to .39
[10:40] {nathan} gm all
[10:41] {dino} cov insm .37, +.29
[10:41] {RonS} gj
[10:42] {dino} ty
01[10:43] {@Threei}  hey hathan
[10:45] {RonS} jmei down on big volume for it...
01[10:46] {@Threei}  1:2
[10:46] {nathan} any problem with DAS?
[10:47] {nathan} couldnt cover my position
01[10:47] {@Threei}  no
[10:48] {nathan} ok
01[10:50] {@Threei} Long Setup:  GLD  .90 break
01[10:51] {@Threei}  If holds  .85
01[10:51] {@Threei}  a little late...
01[10:51] {@Threei}  see if pulls back by cent or two
01[10:52] {@Threei}  ok
01[10:54] {@Threei}  nah
[10:56] {RonS} dino, think db can do 37.25?
[10:57] {dino} jmei sm l .60 stop lod brk
[10:59] {RonS} one yr old grandaughter middle name mei...
[10:59] {nathan} long GILD .85 break?
01[11:00] {@Threei}  half lot
[11:01] {nathan} if holda .75
[11:01] {nathan} holds
01[11:01] {@Threei}  yup
[11:01] {RonS} almost thinking nathan an italian
[11:01] {nathan} :-)
[11:04] {dino} ron, dk, was looking for 37.03
[11:04] {RonS} ya, now wondering if it can do 36.90...lol
[11:05] {nathan} meh
[11:05] {dino} lol, wondering the same...great minds eh?
[11:06] {RonS} one sick pup...db...maybe a run w/ europe close...
[11:08] {Alexs} Poll: Fewer Americans blame poverty on the poor http://www.cnbc.com/id/101776211
[11:09] {dino} theres .90 lol
[11:14] {nathan} 3i finally get in .95!!
[11:14] {nathan} :-(
01[11:15] {@Threei}  ?
[11:15] {nathan} GILD
01[11:20] {@Threei}  CAT... break or DKTK...
[11:21] {nathan} gents gotta leave. Have a nice weekend
01[11:25] {@Threei} Long Setup:  CAT  109 break
01[11:25] {@Threei}  If holds  .90
[11:26] {Alexs} I see somebody gave you the answer Vad
01[11:26] {@Threei}  you know... prayer, promise not to sin...
01[11:27] {@Threei}  pouring ashes on my head
[11:35] {Alexs} CAT .90 short?
01[11:37] {@Threei}  nah
01[11:39] {@Threei}  - Just a day after NATO Chief Rasmussen warned that Russia was boosting troop levels on Ukraine's borders, there are fresh reports that Russia is sending tanks, armored vehicles and artillery over the border to resupply pro-Russia insurgents.
[11:46] {thomcbell} jmei stabilizing a bit
01[11:46] {@Threei}  let's lose .40 C
01[11:46] {@Threei}  I want 1:4
[11:47] {Alexs} bacon Vad...
[11:48] {dino} db stop .69 -.11
[11:59] {Alexs} that was fast did you get it Vad?
01[12:00] {@Threei}  didn't look at the moemnt
01[12:00] {@Threei}  saw it already at .08
[12:00] {Alexs} lol so did I
01[12:02] {@Threei}  anyone got CAT?
[12:03] {dino} emes
01[12:05] {@Threei}  Starbucks Corp To increase prices for various products, including packaged coffee and drinks; effective 6/24, cites spike in coffee prices from earlier in the year
[12:06] {Alexs} $6 for a cup of coffee was already too much
[12:08] {dino} agree
[12:08] {Alexs} can't understand those people who drink sturbucks every day
[12:08] {dino} me either, $1 at mcdonalds
[12:09] {nemo} I can't understand drinking coffee when alcohol is available
[12:09] {dino} like to add jamisons to it
01[12:10] {@Threei}  can't understand those people who drink sturbucks, period
[12:12] {cosmo} all their stores smell the same....maybe that's what they like
[12:12] {dino} added emes sept calls
01[12:17] {@Threei} Long Setup:  CAT  .90 break
01[12:17] {@Threei}  If holds  .85
01[12:17] {@Threei}  just a scalp most likely
01[12:19] {@Threei}  1:3  C
01[12:20] {@Threei}  finally
01[12:20] {@Threei}  must be the slowest 1:3 we've got this year
01[12:20] {@Threei}  but I still want 1:4
[12:20] {Alexs} add little bit bacon to the prayer
01[12:21] {@Threei}  1:1  CAT
01[12:21] {@Threei}  no alex... my finest wines and cheeses are not for such lowly use
[12:24] {Alexs} you're a Bacchus worshiper :)
[12:25] {Alexs} Ukraine Announces Ceasefire to June 27: Interior Ministry
[12:26] {Alexs} it means they fully control the border with Russia?
01[12:26] {@Threei}  hold on, let me ask the boss... psst nemo, is it Bachus we worship?
01[12:27] {@Threei}  they absolutely don't
[12:28] {Alexs} that was the condition Proshenko was talking about
01[12:28] {@Threei}  this is practically meaningless step having only diplomatic purposes in mind
01[12:28] {@Threei}  read the conditions:
01[12:28] {@Threei}  - Ukraine military forces will defend themselves if attacked but will not take any offensive actions. - Ukraine peace plan to call for 10-km buffer zone on Russia border - The plan drops criminal charges against rebels who committed no "serious crimes" and provides a guaranteed corridor for Russian and Ukrainian mercenaries to leave.
01[12:29] {@Threei}  there is no buffer zone,
01[12:29] {@Threei}  rebels who did commit crimes, what will they do?
01[12:29] {@Threei}  and finally,
01[12:29] {@Threei}  mercenaries will not leave.
01[12:29] {@Threei}  This pause will be used to resupply separatists
01[12:30] {@Threei}  all Ukraine will have to show for it is going to be "see, we tried"
01[12:30] {@Threei}  yesterday Slovyansk was practically surrounded and blocked, and commader sounded panicky,
01[12:31] {@Threei}  today he is happy and relaxed.
01[12:31] {@Threei}  my prediction: this will accomplish absolutely nothing
[12:34] {Alexs} who knows, maybe it's a good chance for the mercenaries to go back to Russia and Putin will order them to save his play...
[12:35] {Alexs} I think he's alredy got what he wanted
01[12:36] {@Threei}  they won't, and he didn't
[12:37] {Alexs} otherwise if Poroshenko had a winning position why he did it now
01[12:37] {@Threei}  he didn't have much of a winning position...
01[12:37] {@Threei}  he managed to create a noose
01[12:38] {@Threei}  but he still couldn't order full-out attack, with hundereds of thousands of residents still in towns
01[12:38] {@Threei}  1:4!
01[12:38] {@Threei}  finally!
01[12:38] {@Threei}  out
01[12:38] {@Threei}  whew
[12:38] {thomcbell} good job vadym
01[12:39] {@Threei}  ty sir
01[12:39] {@Threei}  ...and Russia started moving heavy military equipment over the border,
01[12:39] {@Threei}  which meant even more fighting and blood.
01[12:39] {@Threei}  Not much of a winning position
[12:39] {Alexs} I do think they have some kind of agreement with Putin
[12:42] {thomcbell} pva 15.05 long break if holding 15
01[12:42] {@Threei}  what can they agree on?
01[12:43] {@Threei}  Poroshenko is signing EU economic agreement on June 27
01[12:43] {@Threei}  he can't not to, he will get another Maidan if he dares
[12:44] {Alexs} I meant end of war
01[12:44] {@Threei}  in exchange for what?
01[12:44] {@Threei}  if Putin backs off now, what did he win?
01[12:44] {@Threei}  he can back off if Poroshenko rejects EU
01[12:44] {@Threei}  or releases DNR and LNR
[12:44] {Alexs} Crimea
01[12:45] {@Threei}  ?
01[12:45] {@Threei}  Crimea is done deal, it'asnot in discussion anymore
[12:45] {Alexs} disputed territory will prevent Ukraine from joining NATO
[12:46] {Alexs} and EU as well
01[12:46] {@Threei}  if that was all, why all this hoopla?
01[12:46] {@Threei}  take crimea, go home'
[12:47] {Alexs} it would be more hard sanctions for Crimea if it was just one case
01[12:47] {@Threei}  nemo!
01[12:47] {@Threei}  we have optimist here!
[12:48] {Alexs} now Russia will look like a peacemaker almost
[12:49] {Alexs} we  will see it in a week
[12:50] {dino} well, thats what they called the pistol in the 1800s
01[12:51] {@Threei}  lol
[12:54] {cosmo} They're all so polite when everybody wears'em...
[12:56] {nemo} optimist?  where...?  shoot the bastid
01[12:57] {@Threei}  that's what I call you for
[12:57] {nemo} where?
01[12:57] {@Threei}  nemo the optimist slayer
[12:57] {nemo} give me an address?
01[12:57] {@Threei}  not as hot as buffy, mind you
[12:57] {nemo} I'll google map it see what I'll need
01[12:57] {@Threei}  but hopefully just as effective
[12:57] {nemo} looking in to getting my own drone
01[12:58] {@Threei}  lol
01[12:58] {@Threei}  crap... this headline gave me a second of hope:
01[12:58] {@Threei}  Ukraine gets its own Janet Yellen
[12:58] {nemo} spy was ex-div today, yes...so where are they going to pin it, 196?
01[12:58] {@Threei}  I thought we send here over there
01[12:58] {@Threei}  her
[13:01] {nemo} not sure when I'll be here Monday...Rheumatlogist appt.  
01[13:01] {@Threei}  for dad?
[13:01] {nemo} yeah
[13:01] {nemo} this condition is getting bad again
[13:02] {nemo} pain and suffering has made him a convert to Qi Quong
[13:07] {dino} ahh yes, buffy, now she was something else
01[13:07] {@Threei}  :)
[13:13] {nemo} mdt might be long here
[13:21] {RonS} in size i'm guessing:  Nestle sending super-plants to Ivory Coast to fight global coffee shortfall: http://bloom.bg/1pq1kJp
[13:23] {RonS} come on guys the Nestle ceo said yesterda "size matters"...
01[13:23] {@Threei}  ahhh
[13:23] {RonS} ...tough corwd or everyone taking nap...
01[13:24] {@Threei}  lol, I forgot
[13:24] {RonS} crowd
01[13:24] {@Threei}  didn't make a connection
[13:25] {thomcbell} pva 1:1
[13:35] {dino} wgp, eqm spike
[13:42] {dino} wow eqm
[13:44] {dino} cmge drop
[13:51] {thomcbell} PVA 1:2
[13:55] {thomcbell} out PVA last bit 15.28
01[13:55] {@Threei}  nice one thom
01[13:59] {@Threei}  A ceasefire was also flatly rejected by representatives of separatist forces when the president’s plans for a ceasefire first surfaced on June 18.
01[13:59] {@Threei}  “This proposal by Poroshenko to lay down our arms is simply a tactical ploy. If people fall for it, there will be a new mopping-up operation. We will not put our weapons away,” said a spokesman for self-proclaimed Donetsk People’s Republic
[14:02] {dino} cnl
[14:03] {dino} hl s .01
[14:04] {dino} cov cnl .31, +.70
[14:07] {dino} gmlp spike
[14:09] {dino} tough crowd today
[14:10] {troub} just got back, great job Di
[14:10] {troub} dino
[14:10] {nemo} didn't know he had a sex change
[14:10] {troub} and Fri. afternoon too
[14:11] {troub} just when I thought nemo was asleep.
01[14:11] {@Threei}  lol
[14:11] {dino} ty troub
01[14:11] {@Threei}  that's amistake... nemo strikes when the least expected
[14:18] {nemo} finnies can't get above bearish level
[14:24] {dino} cnl smr s .04
[14:24] {dino} meg spike
[14:24] {dino} too fast
[14:25] {dino} cov cnl .64, +.40
[14:26] {dino} ypf spike
[14:30] {dino} lot of mlp spikes
[14:31] {Alexs} is it a new guy who's trying to get in all the day Vad?
01[14:31] {@Threei}  trialer... for some reason practoces in-and-out routine second day :)
[14:32] {RonS} catoon guy...skoby doo?
[14:32] {Alexs} lol
01[14:32] {@Threei}  people are so weird, I stopped asking questions
01[14:32] {@Threei}  some register and never appear,
01[14:33] {@Threei}  some send e-mails with questions I don't know where to bwgin answering
01[14:33] {@Threei}  like:
[14:33] {dino} how are you
[14:33] {dino} :)
01[14:33] {@Threei}  I connect the room, no one is there, are you ever going to fulfill your obligations?
01[14:33] {@Threei}  that's from the guy who connects at 3 am
[14:34] {Alexs} rofl
[14:34] {dino} damn, i'll have to log on tonight for him
01[14:34] {@Threei}  in that case I couldn't help myself and answered:
01[14:34] {@Threei}  there is just one kind of obligations I am allowed to fulfill at 3 am
[14:34] {Alexs} :)
[14:34] {nemo} I'll leave it alone
[14:34] {nemo} that was too easy
01[14:35] {@Threei}  thank you
[14:35] {RonS} lol
[14:35] {Alexs} eating bacon I guess
[14:36] {Alexs} people from Ukrain knows that 3 a.m.  is the beat time to eat bacon
[14:36] {Alexs} beat= best
[14:36] {cosmo} early to bed; early to rise; girls go out with other guys...
[14:37] {dino} all work and no play, makes you a dull lay
01[14:38] {@Threei}  US concerned about buildup of Russian troops near Ukraine
01[14:39] {@Threei}  and I am sure Honduras lost sleep over thatg
[14:40] {dino} have no fear, obummer will scold them
01[14:40] {@Threei}  already sanctioned 5 more
[14:41] {dino} "you take another city and we will sanction 3, no wait, 5 more of your buddies
[14:42] {dino} basicaaly means no gambling in vegas for you
[14:50] {dino} jmei stop
[14:52] {RonS} outta here...see you guys next week
01[14:53] {@Threei}  take care ron
[14:57] {Alexs} when the volume picks up at the last hour?
01[14:57] {@Threei}  should in 15 - 20 min
[14:58] {Alexs} the day doesn't look like 'witching'
[15:01] {ese} afternoon
01[15:02] {@Threei}  hey ese
[15:02] {ese} had to take the 5:30 to 10:30 picket line shift
[15:02] {ese} thought that i would pop in to say have a great weekend and hope to see you monday
01[15:03] {@Threei}  you too
[15:03] {ese} howd everyone do....good day/slow day
01[15:03] {@Threei}  both, good and slow
01[15:03] {@Threei}  got 1:4, and it took about 3 frikin hours
[15:03] {ese} well...variety is good
[15:03] {ese} lol
[15:04] {ese} your the best at it chief
[15:04] {ese} cya ...have a great weekend
01[15:04] {@Threei}  trying...
01[15:04] {@Threei}  take care
[15:04] {ese} hey..actually......what Will up too...have you heard from him
[15:05] {ese} whats
01[15:05] {@Threei}  yup, just exchanged e-mails
01[15:05] {@Threei}  will meet him next week
[15:05] {ese} ahhhh
[15:05] {ese} oh good.....so he's back from down south
[15:06] {ese} cya
01[15:18] {@Threei} Long Setup:  CAT  .21 break
01[15:18] {@Threei}  If holds  .15
01[15:21] {@Threei}  meh
[15:21] {troub} good weekend all
01[15:21] {@Threei}  have a good one troub
01[15:29] {@Threei} Long Setup:  IWM  .10 break
01[15:29] {@Threei}  If holds  .05
01[15:33] {@Threei}  half out .17
01[15:34] {@Threei}  stop .09
01[15:40] {@Threei}  Russia says Ukraine's ceasefire is ultimatum, not peace offer
[15:41] {Alexs} then I was wrong
[15:41] {dino} z spike
01[15:42] {@Threei}  if IWM moves to about .25, let's close whole position with last win for the day
01[15:42] {@Threei}  you misread Russia's intentions I believe, alex
[15:43] {Alexs} but I don't understand what's Poroshenko doing then
01[15:44] {@Threei}  he has no good options
01[15:44] {@Threei}  he moves from one bad to another
01[15:44] {@Threei}  there is no win unless russia fully pulls back
01[15:44] {@Threei}  and it won't
01[15:44] {@Threei}  he can't retreat, he can't attack
01[15:45] {@Threei}  you seem to be under impression that there is a satsifactory solution to this situation... there is none
01[15:45] {@Threei}  frikin CAT
[15:46] {cosmo} it goes back centuries?
01[15:46] {@Threei}  what does?
[15:46] {cosmo} no solution
01[15:46] {@Threei}  there was never such a problem
[15:46] {cosmo} oh
01[15:46] {@Threei}  Russia and Ukraine haven't been at war
[15:47] {cosmo} ic
01[15:50] {@Threei}  remains to be seen of course, but so far my read is:
[15:50] {dino} amrk drop
01[15:51] {@Threei}  Poroshenko is trying to keep all the diplomatic channels open and look like trying to make peace,
01[15:52] {@Threei}  when options for that are cut down, push with military offensive and let Russia invade, openly or covertly.
01[15:52] {@Threei}  It's a loss-loss for him, but at least by making Russia make such a push he isolates it internationally as much as possibly
01[15:53] {@Threei}  and makes it put another economic anchor on its neck
01[15:53] {@Threei}  here comes IWM
01[15:53] {@Threei}  out .27
01[15:53] {@Threei}  Thank you all, have a good weekend
01[15:53] {@Threei}  see you Monday