Tuesday, November 18, 2014

Nov 18 2014

Positive day although still a bit boring and slowish. 



Session Time: Tue Nov 18 00:00:00 2014
[09:00] {dino} gm
[09:00] {JoebiWan} mornin
01[09:01] {@Threei}  dino, jw :)
[09:02] {_chasj} gm, I am new, ? if setup triggers resistance at $10 is broken. Does that mean that you get in at exactly @ $10.01 or wait for a close at 10.01 or above?
01[09:02] {@Threei}  hi chas
[09:03] {_chasj} Hi
01[09:03] {@Threei}  as soon as offer at 10 is broken, and perints go above it, we enter
01[09:03] {@Threei}  prints
01[09:03] {@Threei}  no waiting for close, too much can happen withn one min
01[09:03] {@Threei}  you are likely to miss the trade
[09:04] {_chasj} Thank You
01[09:04] {@Threei}  np
01[09:04] {@Threei}  make sure you read http://www.realitytrader.com/tradingroom/#instructions
[09:05] {_chasj} I have will read again
[09:07] {dino} welcome -chasj
[09:07] {_chasj} thanks dino
[09:10] {Jenh} gm
01[09:10] {@Threei}  jen :)
[09:12] {_chasj} another ? do you get in with market price or stop market?
01[09:14] {@Threei}  neither
01[09:14] {@Threei}  limit order, couple cents away from current price
01[09:15] {@Threei}  in your exa,ple, as soon as 10 is broken, limit order at 10.02 is sent,
01[09:15] {@Threei}  it will get you shares at 10.01 and maybe 10.02, but not higher
[09:15] {_chasj} thanks 3i
01[09:15] {@Threei}  market order could get you in too high if stock spikes fast after the break
01[09:21] {@Threei}  Japan PM Abe formally delayed the 2nd phase of the planned sales tax hike and to dissolve Parliament on Friday, Nov 21st to prepare for snap elections
01[09:27] {@Threei}  Upside:
01[09:27] {@Threei}  -ONVO +12% (announced commercial release of the exVive3D human liver tissue)
01[09:27] {@Threei}  -TERP +18%
01[09:27] {@Threei}  -SUNE +11% (deal to with TERP acquire First Wind for $2.4B)
01[09:27] {@Threei}  -JASO +9% (earnings)
01[09:27] {@Threei}  -ZTS +2% (analyst day today)
[09:27] {jfjf64} morning all
01[09:27] {@Threei}  Downside:
01[09:27] {@Threei}  -NBS -22% (announced initial data from Phase 2 PreSERVE AMI clinical trial)
01[09:27] {@Threei}  -OME -21% (earnings)
01[09:27] {@Threei}  -CYTR -13% (announced partial clinical hold affecting Aldoxorubicin)
01[09:27] {@Threei}  -FOLD -6% (offering $75M in shares)
01[09:27] {@Threei}  -CORR -6% (offering 13M shares)
01[09:27] {@Threei}  -URBN -4.5% (earnings)
01[09:28] {@Threei}  jf :)
01[09:28] {@Threei}  RIO, VALE BHP are down on iron ore prices
01[09:35] {@Threei} Long Setup:  MCD  .60 break
01[09:35] {@Threei}  If holds  .50 
[09:37] {nemo} S&P going for ATH
01[09:37] {@Threei} Short Setup: FB  .40 break
01[09:37] {@Threei}  If holds  .50 
01[09:37] {@Threei}  fast...
01[09:37] {@Threei}  1:1  
[09:37] {jfjf64} go away
01[09:39] {@Threei}  MCD, change to .45 break
01[09:40] {@Threei}  If holds  .40 
01[09:40] {@Threei}  sheesh
[09:41] {JoebiWan} teleport
01[09:41] {@Threei}  yes
[09:41] {jfjf64} you say sheees I say shit
[09:41] {nemo} like you have a mouthful
[09:42] {JoebiWan} did you enter on pullback? or no, because hit 1:1 so fast
[09:42] {nemo} he usually doesn't enter on pullback if already hit 1:1
[09:42] {JoebiWan} ty
01[09:43] {@Threei}  right
01[09:43] {@Threei} Long Setup:  FB  .45 break
01[09:44] {@Threei}  If holds  .35 
[09:44] {jfjf64} patience
01[09:44] {@Threei}  valid
01[09:45] {@Threei}  lol
[09:45] {JoebiWan} that was awesome
01[09:45] {@Threei}  wasn't it
[09:45] {jfjf64} wtf
[09:45] {JoebiWan} somehow i got in
01[09:45] {@Threei}  get out
[09:45] {nemo} don't you mean, "shit" jf?
[09:45] {JoebiWan} i did lol
01[09:45] {@Threei}  hehe
01[09:45] {@Threei}  wtg
01[09:46] {@Threei}  what price you got?
[09:46] {JoebiWan} .46
01[09:46] {@Threei}  and you are unhappy with logix, lol
[09:46] {Jenh} nice!
[09:46] {jfjf64} wow
[09:46] {Jenh} gj
[09:46] {JoebiWan} not unhappy, just miss DAS :)
[09:47] {nemo} Ram Das?
01[09:47] {@Threei}  yeah, my buddy tried that once... his wife somhow didn't buy "I am not unhappy with you, just miss my gf of 10 years ago"
[09:47] {JoebiWan} hahaha
[09:48] {nemo} probably had something to do with oral skills
[09:48] {nemo} oh yeah, just got out of a tree
01[09:49] {@Threei} Long Setup:  JPM.37  break
01[09:49] {@Threei} Long Setup:  JPM  .37 break
01[09:49] {@Threei}  If holds  .30 
01[09:55] {@Threei} Long Setup:  FB  .60 break
01[09:55] {@Threei}  If holds  .50 
[09:57] {jfjf64} vxx.15 break
[09:57] {jfjf64} like
01[09:58] {@Threei}  no go FB
01[09:59] {@Threei}  1:1  JPM 
01[10:00] {@Threei}  *(US) NOV NAHB HOUSING MARKET INDEX: 58 V 55E
01[10:03] {@Threei} Long Setup:  TWTR  .95 break
01[10:03] {@Threei}  If holds  .85 
[10:03] {nemo} twtr
[10:03] {nemo} sorry
01[10:06] {@Threei}  1:1  
01[10:11] {@Threei}  1:2  
01[10:11] {@Threei}  1:2  JPM  too
01[10:11] {@Threei}  life becomes brighter
[10:11] {JoebiWan} great start TY vad
06[10:11] * @Threei slaps jfjf64 around a bit with a with dose of patience
[10:11] {RonS} twtr +.23 here thanks 3i
01[10:11] {@Threei}  yw
[10:12] {jfjf64} patience my friend
[10:12] {JoebiWan} brb
[10:14] {nemo} remember the old saying "escalator up, elevator down"?
[10:14] {nemo} other way around now
[10:23] {dino} anet smr l .87 thinny
[10:25] {RonS} hal l .72 thicky
[10:25] {dino} lol
[10:28] {nemo} iwm bounce
01[10:28] {@Threei}  out JPM
01[10:28] {@Threei}  1:3 is close enough
01[10:39] {@Threei}  wow... it has more
01[10:39] {@Threei} Short Setup: FB  .35 break
01[10:39] {@Threei}  If holds  .45 
01[10:41] {@Threei}  Invalidated  
[10:46] {RonS} nemo to Chile?  Chilean thieves have a new way of stealing cash from ATMs: they blow them up
01[10:47] {@Threei}  how unsophisticated
[10:47] {nemo} LVS
[10:48] {jfjf64} cat
[10:48] {jfjf64} keeps getting hit
[10:48] {RonS} dks whacked
[10:49] {JoebiWan} omg lol
[10:49] {nemo} dicks is limping
[10:49] {RonS} sorry dks bris
[10:49] {jfjf64} ouch
[10:51] {dino} lol
01[10:53] {@Threei}  while market is unclear, let me distract you with this:
01[10:53] {@Threei}  https://www.facebook.com/VadymGraiferPhotography/photos/a.488848774527976.1073741828.483178015095052/747353012010883/?type=1&comment_id=747355965343921&reply_comment_id=747361202010064&offset=0&total_comments=8&notif_t=photo_comment
01[10:53] {@Threei}  acrually better link https://www.facebook.com/VadymGraiferPhotography/photos/a.488848774527976.1073741828.483178015095052/747353012010883/?type=1&theater
[10:55] {_chasj} great photos 3i
01[10:56] {@Threei}  ty
[10:56] {JoebiWan} very nice
01[10:59] {@Threei} Long Setup:  IWM  .50 break
01[10:59] {@Threei}  If holds  .40 
01[11:01] {@Threei}  half out
01[11:01] {@Threei}  .60 might be tough to break
01[11:01] {@Threei}  let's lighten the load
01[11:01] {@Threei}  stop to .45
[11:03] {dino} baba smr l .51
01[11:03] {@Threei}  meh
[11:03] {jfjf64} baba
[11:03] {nemo} I see that as a vwap short dino
[11:04] {dino} out baba .95, +.44
[11:04] {RonS} stunning volume
[11:04] {jfjf64} nice
[11:05] {RonS} that trade reminds me of cc9...
[11:05] {dino} ty
[11:06] {nemo} wonder if he's in prison yet
[11:06] {dino} that guy had cajones
[11:06] {dino} smr l .01 bava
[11:06] {dino} baba
[11:07] {RonS} gl, can't watch any more LII making me dizzy...
[11:09] {dino} baba stop .89 -.12
[11:09] {nemo} tight stop for you
[11:11] {dino} pulp
[11:12] {RonS} ya want pulp?...jdst
[11:12] {dino} ainc
[11:14] {dino} ainc vsm s .78
[11:14] {dino} .76
[11:15] {RonS} what the heck is it, vinfiz and stocktwits does not show...
[11:15] {dino} ashford inc, hotel i think
[11:15] {jfjf64} fb
[11:15] {jfjf64} lod
[11:16] {RonS} new issue with no volume...roach motel...
01[11:16] {@Threei}  it's a spinoff of AHT, Rpn
01[11:16] {@Threei}  ron
01[11:16] {@Threei}  gfresh, just several days ago
[11:17] {dino} may have made a mistake on it
01[11:17] {@Threei}  11 Nov 21:26 [AHT] Announces distribution ratio for spin-off of Ashford Inc - Announced that the distribution ratio for the spin-off of Ashford Inc. (NYSE MKT: AINC) common stock will be one share of Ashford Inc. common stock for every 87 shares of Ashford Trust common stock held by such stockholder on November 11, 2014 (the "Record Date").
[11:24] {nemo} JPM
[11:32] {nemo} sheesh look at some of the share sizes in SPY
[11:32] {nemo} 5, 6, 7 share lots
[11:32] {nemo} 66
[11:32] {nemo} 3
[11:32] {nemo} wtf
[11:33] {RonS} signaling...
[11:33] {nemo} or algo probing
[11:33] {RonS} don't algo probe me dude...
01[11:34] {@Threei}  lol
[11:37] {nemo} FB
01[11:49] {@Threei} Long Setup:  FB  .15 break
01[11:50] {@Threei}  If holds  .05 
01[11:53] {@Threei}  Invalidated  
01[11:53] {@Threei}  still on radar though
[11:53] {nemo} lunch time
[11:55] {dino} kof drop
[11:55] {jfjf64} lower to me fb
[11:55] {dino} sm l .55
[11:55] {jfjf64} and mkt
01[11:57] {@Threei} Long Setup:  TZA  .55 break
01[11:57] {@Threei}  If holds  .50 
01[11:58] {@Threei}  FB valid again
01[11:58] {@Threei}  same setip
01[11:58] {@Threei}  i=u
[12:00] {_chasj} what does  i=u mean?
[12:00] {jfjf64} hmm
01[12:00] {@Threei}  correcting mistype in word setup
[12:00] {nemo} he does it alot
[12:01] {_chasj} thanks
06[12:02] * @Threei slaps nemo around a bit with a code book that says "dude doth point out other dude's mistypes not"
[12:02] {_chasj} lol
01[12:03] {@Threei}  and... "alot?"
06[12:05] * @Threei kicks FB in the rear
[12:05] {nemo} sorry "dude"
[12:05] {nemo} he does it "often"
01[12:05] {@Threei}  call me simply Your Dudeness
[12:05] {nemo} sacrilege
01[12:05] {@Threei}  1:1  
06[12:07] * @Threei wears heavy duty military boots saved from Russian Army times and repeatedly kicks FB in the rear
[12:07] {nemo} expropriated
01[12:07] {@Threei}  why, they let you keep it after dismisssal
[12:08] {nemo} see what I mean chas
[12:08] {JoebiWan} snake!
[12:08] {nemo} ?
[12:08] {JoebiWan} sssss
[12:08] {nemo} listen padawan
[12:09] {JoebiWan} sup nemo
06[12:09] * @Threei grabs a bag of popcorn
[12:09] {_chasj} Fun trading room, just watching for first day but loving it!!!
[12:09] {nemo} oh, thought you were gonna' bust my balls
01[12:09] {@Threei}  hehe
[12:09] {nemo} was waitin'
[12:09] {dino} stop kof .25 -.30.
[12:09] {dino} not my day, taking hour break
01[12:10] {@Threei}  lunch time trading can be boring... gotta keep ourselves entertained
[12:10] {nemo} yeah, had a trap door stop this monring myself
01[12:10] {@Threei}  and good trading is always boring btw
[12:10] {nemo} Joebi, was that a Sig you got back?
[12:11] {JoebiWan} yeah Sig 1911 c3
01[12:11] {@Threei}  read this after we are done with FB:
01[12:11] {@Threei}  http://blog.realitytrader.com/2012/10/unbearable-boredom-of-trading.html
[12:11] {nemo} right
[12:11] {JoebiWan} wasn't damaged at all thankfully
[12:11] {nemo} we'll have to start calling you Kundera
[12:12] {nemo} that's a steel lower though if I remember correctly
[12:12] {nemo} not alloy like their P series
[12:13] {JoebiWan} you are correct
[12:13] {nemo} I take a field trip to their Exeter HQ every once in a while..they'll let you shoot what they got
[12:13] {JoebiWan} awesome
[12:14] {nemo} They had a world wide corporate reorg last year, doing business with them, especially in MA has gotten a bit squirrely
[12:14] {nemo} BHI
01[12:22] {@Threei}  LOL... jf can't stand it
01[12:25] {@Threei}  closed FB
01[12:25] {@Threei}  too bad, for a min looked like a good move was coming
[12:35] {nemo} mmmhhhh...maybe JF and Jen are dating
[12:36] {nemo} maybe not
[12:36] {Jenh} g2g 
[12:36] {Jenh} getting new computer 
01[12:36] {@Threei}  PC?
[12:36] {Jenh} bye everyone! good luck trading 
01[12:36] {@Threei}  take care jen
[12:36] {Jenh} yeah. 
[12:37] {Jenh} thanks for the advice nemo
[12:37] {Jenh} with the computer companies 
[12:37] {nemo} oh shit
[12:37] {Jenh} bye
[12:37] {RonS} lol
01[12:37] {@Threei}  Surprisingly big gains in the Eurozone and Germany ZEW business conditions survey provided a rare glimmer of hope for the European economy, driving equity gains and helping to stem the softness in the euro. In addition, Japan PM Abe has called new elections after the terrible GDP data.
[12:37] {nemo} reminds me of when I convinced a friend of mine to go through chemo
01[12:38] {@Threei}  WTI crude prices dipped back below $75 this morning. In the US, the EIA warned that shale oil production could flatten out if WTI crude prices fell to $60/bbl
01[12:38] {@Threei}  sheesh... poor oil exporters
[12:38] {nemo} duh...that's the whole point
01[12:38] {@Threei}  yup
[12:39] {nemo} whack solar shale and alternatives
01[12:40] {@Threei}  Saudis (and the rest of arab oil producers), Iran, Russia, Venezuela and in lesser degree Canada
[12:41] {_chasj} missed FB
01[12:41] {@Threei}  as far as Canada is concerned it won't be huge shock on the country scale, but Alberta will be devastated
01[12:45] {@Threei}  wow
01[12:45] {@Threei}  someone just bought this photo of mine for $100: http://www.arrestinglight.com/p887556776/h31208483#h31208483
01[12:46] {@Threei}  caviar on a cake of trading profits for the day :)
[12:46] {JoebiWan} gj 
[12:47] {JoebiWan} you sell photos often?
01[12:47] {@Threei}  regularly
01[12:47] {@Threei}  but online version rarely goes for this kind of price
[12:47] {nemo} how'd that happen?
[12:47] {nemo} acn
[12:47] {nemo} sorry
01[12:48] {@Threei}  http://www.arrestinglight.com/ is my photography site
[12:57] {JoebiWan} nice pics vad. How long have you been fotograefickin?
[12:58] {nemo} valiant effort
[12:58] {JoebiWan} lol
01[12:58] {@Threei}  lol
[12:58] {nemo} mixed foto and ficken....impressive
01[12:58] {@Threei}  on and off, since childhood
01[12:59] {@Threei}  my very first camera: http://ru.pc-history.com/wp-content/uploads/smena-6.jpg
[13:05] {_chasj} FB like a rocket
[13:06] {nemo} BHI 65
[13:08] {jfjf64} ya like short or long nemo
[13:08] {jfjf64} I hv no read
[13:08] {nemo} hard to tell, it's up on takeover offer
[13:11] {nemo} what a grind up
01[13:12] {@Threei}  (NL) ECB's Knot (Netherlands): Low inflation is a global problem as a result of oil prices; have seen no classic deflation in the EMU - comments in Parliament
01[13:12] {@Threei}  exactly right
01[13:12] {@Threei}  these idiots scared of deflstion ignore the nature of it
01[13:12] {@Threei}  not all deflation is the same
01[13:13] {@Threei}  deflation due to lack of buying power, unemployment etc is bad, no doubt,
01[13:13] {@Threei}  but deflation caused by abundance of certain goods, ort mature technology is fine
01[13:14] {@Threei}  to put it simple, deflation by lack of demand vs abundance of supply
01[13:14] {@Threei}  VCR used to cost $400-600 when first came ouyt
[13:14] {nemo} now you can't buy them
01[13:14] {@Threei}  now you wouldn';t be able to sell it for $20
01[13:15] {@Threei}  and during whole technlogy cycle its price was sliding unstoppably
01[13:15] {@Threei}  how is it bad
01[13:15] {@Threei}  but idiots politicians make no such fine distinctions
01[13:15] {@Threei}  they are told deflation is bad, period
01[13:20] {@Threei} Long Setup:  IWM  .70 break
01[13:20] {@Threei}  If holds  .60 
01[13:21] {@Threei}  with trail to .64 after .75 break
01[13:21] {@Threei}  trrrail
[13:32] {dino} most deflation is in things you want, unflation in things you need, except fpr recent oil drop
[13:32] {dino} inflation not unflatiomn
01[13:33] {@Threei}  save is not much better dino
[13:33] {dino} no, typing too fast
01[13:34] {@Threei}  but it's OK, usually takes me three attempts until I get it right
01[13:34] {@Threei}  jeez IWM
[13:34] {nemo} put the vodka down first, Vad
01[13:34] {@Threei}  come on already
01[13:34] {@Threei}  now why would I do that??
01[13:34] {@Threei}  to look at this world with sober eyes?
01[13:34] {@Threei}  this is masochism
[13:35] {nemo} yes, being in this room is
01[13:35] {@Threei}  this is so untrue
01[13:35] {@Threei}  you yourself don't believe that
[13:36] {nemo} of course it is, masochists enjoy pain, that's why we're here
[13:36] {jfjf64} lol
[13:36] {nemo} now ur a frickin' mindreader!?
[13:36] {jfjf64} you2 r nuts
[13:36] {nemo} since when did you become a wife?
06[13:36] * @Threei slaps nemo around a bit with a with 2x4 endowed with rusty nails pointy ends out, demanding the truth, only truth and nothing but truth
[13:36] {nemo} why don't you go shopping for unicorns
01[13:37] {@Threei}  I bought all I needed yesterday
01[13:37] {@Threei}  out IWM
01[13:37] {@Threei}  and intend to make a shishkebab out of them today
01[13:38] {@Threei}  unicorn shiskebab: http://www.realitytrader.com/vad/Shishkebab11.jpg
[13:39] {JoebiWan} mmmmmm
[13:39] {JoebiWan} no bacon wrapped unicorn?
01[13:40] {@Threei}  nah, I prefer jam and flies on separate plates
[13:48] {dino} dead afternoon
[13:51] {nemo} like lVS long here 3i
[13:51] {nemo} little late
01[13:53] {@Threei}  ?
01[13:53] {@Threei}  UVS?
01[13:53] {@Threei}  I
01[13:53] {@Threei}  Mauna Kea on the Big Island dipped to 31F today
01[13:54] {@Threei}  sheesh... no place to hide
[13:54] {nemo} yeah, was looking at it @.55
01[13:54] {@Threei}  IVS??
[13:54] {RonS} what elevation?
[13:54] {nemo} LVS
[13:54] {dino} 15 degrees f here at 6:00 am, only 30 now
01[13:54] {@Threei}  4,205 m
01[13:54] {@Threei}  13,800 ft
[13:56] {RonS} well shit in CO it can be that temp at that altitude in Aug when denver is a 100...besides they have a volcanic flow for warmth...  :)
01[13:56] {@Threei}  yeah, heating by lava
[13:57] {RonS} ...the natural way... round up the greenies
01[13:57] {@Threei}  there is whole town over there warming up this way over last few months :)
01[13:57] {@Threei}  Pahoa
01[13:57] {@Threei}  https://www.youtube.com/watch?v=X8pxv_KaAAQ
[13:59] {_chasj} I'm in denver area 39f right now. but once skied in Vail @ 50 below wind chill
[14:00] {nemo} why?
[14:00] {_chasj} not for long!
[14:00] {jfjf64} why 2x
01[14:00] {@Threei} Long Setup:  CAT  .20 break
01[14:00] {@Threei}  If holds  .10 
[14:01] {RonS} got a friend in Denver named chas j...hmmm
[14:01] {nemo} how much u have to pay him?
01[14:02] {@Threei}  it's really incredible to see these footage from Big Island... those are my fsvorite places, absolutely awesome
[14:03] {_chasj} maybe we know each other
[14:03] {jfjf64} hmmmmmmm
01[14:03] {@Threei}  1:1  
[14:04] {jfjf64} lets get 1:4 vg
01[14:04] {@Threei}  I don't mind
01[14:04] {@Threei}  but you know cats... difficult to herd them
[14:05] {jfjf64} got to talk nice to emm
01[14:06] {@Threei}  cats or stocks?
01[14:06] {@Threei}  cats yes
01[14:06] {@Threei}  stocks, only violence
01[14:06] {@Threei}  1:2  
01[14:06] {@Threei}  heavy duty steel toe army boots
[14:07] {jfjf64} agree
01[14:33] {@Threei} Long Setup:  FB  .45 break
01[14:33] {@Threei}  If holds  .37 
01[14:37] {@Threei}  1:1  
[14:39] {nemo} sheesh
01[14:50] {@Threei}  VXX... on pullback to .95 should be a long
[14:51] {_chasj} door bell just rang, UPS, received The Master Profit Plan
01[14:51] {@Threei}  I know author...
[14:52] {_chasj} lol
01[14:52] {@Threei}  :)
[14:52] {dino} enjoy
01[14:53] {@Threei}  hope today has paid for it :)
01[14:53] {@Threei} Long Setup:  VXX  28 break
01[14:53] {@Threei}  If holds  .90 
01[14:53] {@Threei}  with trail to .94 after .05 break
[14:54] {_chasj} Just watching today
01[14:54] {@Threei}  nemo, not a word
[14:56] {_chasj} its ok got thick skin
[14:56] {_mindview} :)
01[14:56] {@Threei}  with nemo around, you better!
[14:56] {_chasj} ha ha
01[15:05] {@Threei}  ugh... guys, I have to apologize again, gotta leave earlier today. Last time, I am sure
01[15:05] {@Threei}  you know how to manage the eid
01[15:05] {@Threei}  should end with closing rally
01[15:05] {@Threei}  have a good evening, see you tomorrow
[15:57] {_chasj} bye all