Friday, January 31, 2014

Market Week Wrap-up

TradeTheNews.com  Weekly Market UpdateAs January Goes...


- Global equity markets saw even more turbulence this week, although the equity declines were more muted overall. The final week of January saw the Federal Reserve taper asset purchases for a second consecutive meeting, reducing the pace of monthly buys by $10 billion to $65 billion, split equally between US treasuries and MBS. There was little change in the Fed's language and no press conference, but the absence of any commentary on the emerging market currency rout was unsettling for some. Three of the "fragile five" nations (Brazil, India, Indonesia, Turkey, and South Africa) raised interest rates in an attempt to stem capital flight and bolster currencies, but the sense is that the emerging market situation will only be getting worse. US GDP and inflation data were pretty solid, while European unemployment and inflation data was anything but, which pummeled the euro and drove key UST-Bund spreads to their widest levels in six months. For the week, the DJIA dropped 1.1%, the S&P500 lost 0.4% and the Nasdaq declined 0.6%, leaving all three major indices down low-single digit percentages for the opening month of 2014.

- US advance fourth quarter GDP met expectations at +3.2% and the personal consumption expenditures component hit its highest growth rate since 2010. Recall that the Q3 final GDP figure was +4.1%; the Commerce Department said that the deceleration reflected lower nonresidential investment, a larger decrease in federal spending and weaker PCE and exports. It was estimated that the government shutdown subtracted 0.3% from the Q4 headline GDP growth, while Federal spending fell 12.6% y/y in the quarter, pushing total government spending down 4.9% y/y. Some analysts speculated that in the absence of Federal austerity measures, GDP would have been above 4%.

- The Fed's favored measure of inflation inched higher in December. The core PCE price index rose 0.1% from a month earlier, bringing the y/y core inflation rate to 1.2% from 1.1%. The core measure remains well short of the Fed's 2.0% inflation target. Contrast the US data with the Eurozone flash January CPI reading: headline inflation was 0.7%, matching the four-year low seen in October. The German state CPIs for January all sank lower. The ECB has vocally dismissed arguments that Europe is facing deflation, however the bank cut rates by 25 bps to 0.25% in the wake of the October CPI report. The next ECB rate decision will be on Thursday, and many analysts are now forecasting another 15-20 bps rate cut. Recall that after the bank's last decision, President Draghi stated two contingencies would force the ECB to act: a worsening inflation outlook or unwarranted money market tightening. In the wake of the two inflation reports, the US-German 2-year spread hit six-month highs, at a little more than 26 bps. EUR/USD dropped below the 1.3500 level for the first time in two months.

- Three emerging market central banks boosted interest rates this week in attempts to grapple with the volatility seen in currency markets. India hiked its base rate by 25 bps to 8.00%, Turkey raised its overnight lending rate by a huge 425 bps to 12.00% and the South Africa Central Bank raised its key rate by 50 bps to 5.50%. The moves have limited the decay of the three nations' currencies for now, but they have hardly reversed the ugly trend. USD/INR remains just shy of the 63.5 high seen before the decision. The Turkish Lira had spiked to a fresh all-time low of nearly 2.40 to the dollar and dropped to 2.16 after the decision, but weakened back to the 2.25 area in the second half of the week. The South Africa Rand got close to all-time lows, hitting 11.36 to the greenback before the decision, and has only strengthened slightly after the rate hike.

- Industrial names Boeing, Ford, and Caterpillar offered decent but not excellent results for the December quarter. Cat's Q4 earnings and revenue totals widely topped expectations, with profits higher y/y but revenue down 10% from last year's Q4. The firm's initial FY14 earnings outlook was also very good, although executives cautioned that the mining industry would remain weak in the near term. At first glance, Ford's earnings crushed the consensus view, but before a big tax benefit profits fell nearly 25% y/y. Likewise Boeing's EPS blew out expectations, but only because of a very low corporate tax rate. Ford warned that the launch of a big range of new models, including the new aluminum body F-150, would hold back North America earnings in FY14. Boeing's guidance for commercial deliveries around 715-725 planes indicates another year of growth for the firm.

- Revenue and weak production figures were the main focus in earnings out of Chevron, ConocoPhillips, and Exxon. Conoco's fourth quarter revenue declined 15% y/y, Exxon's fell 3% y/y while Conoco's declined 7%, and all three firms missed expectations. Profits were better, although COP's earnings were bolstered by asset sales and Chevron's fell by more than 30% y/y. The firms saw production fall Q4 and offered anemic production growth forecasts for 2014. In other sector news, the State Department's long-awaited statement on the stalled Keystone XL pipeline said it would have only a limited environmental and climate impact, removing one more roadblock for the project.

- Shares of Apple are down about 10% in the wake of Cupertino's Q4 report, thanks to perceptions that the company's iPhone business is leveling off. Apple sold 51 million iPhones in the quarter, +6.7% y/y, missing analyst expectations of 55-57 million. Executives hinted the low growth was due to a contraction in North American sales, but also highlighted rest-of-world sales up by double or even triple digits. Carl Icahn took the opportunity to buy the dip, acquiring another $500 million of the company's shares.

- After several quarters of tiny or zero profits, Amazon earned $510M in its fourth quarter on pretty decent margins, but its headline EPS and revenue figures missed tough consensus expectations. After running up 5% on Thursday in anticipation of the earnings release, the online retailer's shares dropped over 10% on Friday. Facebook's EPS and revenue saw very good y/y growth and beat estimates. Advertising revenue grew a whopping 76% y/y to $2.34B, while mobile users increased nearly 40% y/y, accomplishing the key goals laid out by both management and the analyst community. Google more or less met revenue expectations in its fourth quarter, on a solid 31% increase in paid clicks, but profits were a bit short. The day before reporting, Google agreed to sell the Motorola Mobility device business to Lenovo for $2.6B in cash and Lenovo stock (back in 2012, the company paid $12.5 billion for Motorola). Lenovo gets the Motorola brand, its portfolio of devices (Moto X and Moto G) and some patent assets. Google will hold on most of the patents it has extracted from the company.

- Walmart cut its Q4 and FY14 guidance to "slightly below" the low end of its prior ranges. The firm's outlook for Q4 SSS was bumped lower to slightly negative from flat. The retailer blamed cold, heavy winter storms and a steeper-than-expected impact from the reduction in certain welfare payments (namely SNAP, the government's Supplemental Nutrition Assistance Program).

- In China, an unnamed investor stepped in to save ICBC's China Credit Trust Co. unit from defaulting on its high-yield "Credit Equals Gold" fund. The mysterious rescue prevented what could have been a very bad moment for China's creaking financial system but many commentators drew parallels to the rescue of Bear Sterns in early 2008, a precipitating moment in the Great Recession.

- There was contrasting January manufacturing PMI data out of China and Japan. In Japan, the Markit/JMMA report hit 56.6, the highest reading in the series since February 2006. The upcoming sales tax hike was a key factor driving the recent gains, as customers ordered early to avoid higher tariffs, but analysts suggest the continued expansion of employment indicates the depth of the upturn. The China HSBC/Markit manufacturing PMI entered contraction for the first time in six months, and the employment component showed the fastest rate of job losses since early 2009. The official Chinese government manufacturing PMI reading is due out Friday night (20:00ET), and could be an early indicator for next week's market action. The Yen ended the week around 102.2, more or less flat, after a brief run up to 103.4 mid-week.

Jan 31 2014

Quite amazing trading day actually. Started out very slow and looked dead for a while, with tiny profit and no activity. The trades started trickling in, making day brigther and brighter and finally amassed to solidly profitable day. Among others, 1:3ers on YHOO and near end of day C were especially nice - slow enough to be easy to execute and fast enough not to test our patience. Very good end to a very good week.

Session Time: Fri Jan 31 00:00:00 2014
[09:02] {RonS} gm...another fun day in the neighborhood
01[09:04] {@Threei}  ron :)
[09:11] {mib_cuibnh} knock knock
[09:11] {nemo} we don't want any!
06[09:11] * nemo racks the slide
[09:11] {mib_cuibnh} why is my name nib_cuilbnh
[09:11] {nemo} Not In my Backyard
[09:11] {Les} cause you are Spanish?
[09:12] {Les} Swahili maybe
06[09:12] * nemo turns on the laser sight
[09:12] {Les} oh do grow up bunny boy
[09:12] {nemo} not in a good mood this morning
[09:13] {Les} you know where the bottle is
[09:13] {nemo} empty...that's why I'm not in a good mood
[09:14] {mib_cuibnh} this never happened  b4  I logged in just like I do every day
[09:14] {mib_cuibnh} not sure whats up
[09:14] {mib_cuibnh} this is Fish
[09:14] {nemo} should have let me shoot him
[09:14] {Les} fish is dead
[09:14] {Les} this is mib... whatever
[09:14] {nemo} long live fish
[09:15] {mib_cuibnh} ok I give in  whats the gig?
[09:15] {thomcbell} fb flush down to 59.20 to 58.75ish is a great spot - 3 day trailing pivot - 38% retrace and prior resistance becoming support
[09:15] {nemo} MA
[09:15] {thomcbell} dont know if it makes it there but......
[09:16] {fish_49} ok  No clue what that was all about
[09:16] {fish_49} seems fine now
[09:17] {Les} no you can shoot him
[09:17] {Les} now
[09:29] {RonS} lol nemo:   Photo released of @justinbieber's arrest. pic.twitter.com/XftoqgfQjn”
[09:29] {nemo} yeah
[09:32] {Les} someone drag vad away from the bacon
01[09:32] {@Threei} Short Setup: FB  .60 break hl
01[09:33] {@Threei}  Invalidated
01[09:33] {@Threei} Short Setup: FB  .70 break hl
01[09:33] {@Threei}  If holds  .80
01[09:33] {@Threei}  Invalidated
01[09:34] {@Threei} Long Setup:  C  .40 break
01[09:34] {@Threei}  If holds  .30
01[09:35] {@Threei}  1:1
01[09:37] {@Threei} Short Setup: FB  .90 break hl
01[09:37] {@Threei}  If holds  61
[09:39] {thomcbell} fb feeling long to me
01[09:39] {@Threei}  meh
[09:39] {thomcbell} vad
01[09:39] {@Threei}  yes
[09:42] {thomcbell} fio vulnerable here
01[09:42] {@Threei} Short Setup: SLW  .80 break
01[09:42] {@Threei}  If holds  .90
[09:43] {thomcbell} fb
[09:43] {thomcbell} darn
01[09:47] {@Threei} Short Setup: CAT  .90 break hl
01[09:47] {@Threei}  If holds  94
01[09:49] {@Threei}  change to .95 break
01[09:49] {@Threei}  If holds  .05
01[09:50] {@Threei}  Invalidated
[09:50] {nemo} indexes look up, doubhtful cat will come in
[09:50] {fish_49} yea indexes finally getting a bounce
01[09:54] {@Threei}  frikin CAT got away
[10:01] {Les} smal cat long
[10:01] {Les} holding .20
[10:02] {Les} 1st payload away
[10:04] {Les} made 1:2 q off
[10:04] {Les} out on the trail
[10:05] {RonS} gj
[10:05] {Les} nailed fb long at pivot but too fast for me scalponly
[10:05] {Les} ty
[10:05] {thomcbell} ua very impressive
[10:06] {Les} getting there. was all over the place yesterday
[10:07] {Les} gld crapped itself without us
01[10:13] {@Threei} Short Setup: YHOO  .25 break
01[10:13] {@Threei}  If holds  .30
01[10:14] {@Threei}  Invalidated
[10:15] {Les} fb at resistance
[10:17] {Les} woud like to short CAT here dunno if ready
[10:17] {thomcbell} yhoo invalid but im still interested in finding a setup on this one  vad
01[10:18] {@Threei}  yup
01[10:21] {@Threei} Short Setup: CAT  .40 break
01[10:21] {@Threei}  If holds  .50
[10:22] {thomcbell} fio 11.34 long break
[10:25] {thomcbell} no go
[10:26] {thomcbell} now looks like a short setup
[10:26] {nemo} frickin' hurry up and wait day
[10:30] {thomcbell} wow yhoo a beast
[10:31] {RonS} the lure of alibaba...yhoo
[10:31] {thomcbell} fio 11.21 short setup
01[10:31] {@Threei} Short Setup: YHOO  .60 break
01[10:32] {@Threei}  If holds  .65
01[10:33] {@Threei}  no go CAT
[10:33] {nemo} that's pretty uniform buying in Yhoo
[10:35] {thomcbell} very big bid at 35.60
[10:36] {nemo} someone is buying a position in yahoo
[10:37] {nemo} kinda' like cat yesterday
[10:37] {nemo} 35.80ish resistance
[10:38] {nemo} bid thickening on yhoo
[10:39] {Les} CAT interesting again
[10:40] {thomcbell} lvs down to test pivot level
[10:40] {thomcbell} wynn still up well
[10:42] {Les} shoret cat
[10:42] {nemo} yhoo volume
[10:44] {Les} scratch that
[10:45] {nemo} LVS pivot
01[10:45] {@Threei}  DDD Citron research again makes cautious comments, citing a Motley Fool article
[10:50] {Les} CAT dam break coming
[10:51] {Les} yho spiking
[10:51] {RonS} rut hod w/ biggest positive tick in days
[10:53] {Les} sm yahoo cat short
[10:56] {Les} yhoo 1:1 without me
01[10:56] {@Threei} Short Setup: YHOO  .05 break
01[10:57] {@Threei}  If holds  .15
01[10:58] {@Threei}  1:1
[10:58] {Les} ty
01[10:58] {@Threei}  just don't be a scalp
[11:01] {Les} scaratch cat
[11:04] {Les} the inability to detach emotionally and go long... CAT. Perfect JBE
[11:05] {thomcbell} lvs great pivot play
[11:08] {Les} CAT spiking
01[11:11] {@Threei} Short Setup: CAT  .50 break hl
01[11:11] {@Threei}  If holds  .60
01[11:13] {@Threei}  1:1
01[11:13] {@Threei}  come on YHOO, a bit more
01[11:14] {@Threei}  stop to .01 YHOO
[11:17] {Les} quarter here ty sir
01[11:17] {@Threei}  1:2
01[11:17] {@Threei}  yw
01[11:17] {@Threei}  finally nailed both
01[11:18] {@Threei}  one is just a scalp, another is nice
[11:18] {Les} 2nd entry cat
[11:18] {Les} .43
[11:19] {Les} stop to .45
[11:19] {Les} 1:1
01[11:19] {@Threei}  wtg
[11:19] {Les} ty sir
01[11:19] {@Threei}  :)
[11:19] {Les} if we're a little off, the charts usually tell me to get in again
[11:19] {Les} but patience ain't my strong suit
[11:22] {Les} stop to .40
[11:23] {Les} made 1:2 holding for more
[11:29] {Les} no dice bunced at  the quarter
[11:31] {thomcbell} vxx small long
[11:32] {thomcbell} fb looks like a short
[11:34] {nemo} vxx gonna' be a higher probability trade this afternoon
[11:35] {thomcbell} ok thanks for input
[11:35] {nemo} buying insurance into the weekend
[11:35] {Les} there goes CAT
[11:52] {Joebi_Wan} test
[11:53] {Les} shutting down for lunch a+
01[11:56] {@Threei}  market activity is nil
01[12:04] {@Threei} Short Setup: WMT  75 break
01[12:04] {@Threei}  If holds  .10
01[12:10] {@Threei}  Invalidated
01[12:10] {@Threei} Long Setup:  YHOO  36 break
[12:10] {thomcbell} yhoo 36 long break if holding 35.90
01[12:10] {@Threei}  lol thom
[12:10] {thomcbell} why vad
01[12:10] {@Threei}  look one line up
[12:13] {nemo} vwap probably a good long now
[12:13] {nemo} vxx
[12:13] {nemo} sorry
[12:13] {nemo} duh
[12:13] {thomcbell} hehe
[12:13] {thomcbell} just saw vad
01[12:13] {@Threei}  :)
[12:16] {Joebi_Wan} what were your indicators for vxx, nemo?
[12:17] {nemo} spy looked like top, 50% retrace of vxx range, now we're getting close to where they'll want to buy insurance into the weekend so good time to start looking
01[12:17] {@Threei}  WMT is va;id again
[12:17] {nemo} if spy can't make new high, or iwm/finnies that will likely be it
01[12:17] {@Threei}  same setup
[12:18] {thomcbell} hmmm wmt
01[12:19] {@Threei}  if nemo is half right, that's the play
01[12:19] {@Threei}  and if he is 70% right it's The play
01[12:19] {@Threei}  1:1
[12:19] {fish_49} glass half full?
[12:19] {nemo} nah, I'm out
[12:20] {nemo} the glass that is
01[12:20] {@Threei}  we know about first 50% :)
[12:22] {thomcbell} msft want to buy it but no setup
[12:22] {thomcbell} could really go thru the highs with this overhang out of the way
[12:25] {Joebi_Wan} fcx short?
01[12:25] {@Threei}  don't see firm setup here... .40 break was much easier to read
[12:26] {Joebi_Wan} k
[12:31] {nemo} vxx boom
[12:32] {nemo} 48.10 the tuff spot for vxx
[12:35] {nemo} if vxx get's through this high 48.70 possible
[12:36] {thomcbell} MSFT 37.48 long break if holding 37.39
[12:36] {thomcbell} contrary to how im feeling about the indexes here
[12:36] {thomcbell} but like the setup
[12:46] {thomcbell} msft 1:1
01[12:46] {@Threei} Short Setup: SLW  .50 break
01[12:46] {@Threei}  If holds  .60
[12:48] {thomcbell} 1:2 msft
01[12:49] {@Threei}  nice
[12:50] {thomcbell} sold half at 37.68 - using a 36.60 stop on balance
[12:51] {thomcbell} 37.6 rather
[12:54] {thomcbell} msft 1:3
[12:55] {fish_49} Tinker  great trade great trade management  your stop .65 now?
[12:55] {thomcbell} yes 0.64
[12:56] {Les} incredible that CAT went straight back to the HoD. possibly big ascending triangle forming if market pushes higher
[12:57] {Les} FB incredible
[12:57] {thomcbell} FB annoying
01[12:59] {@Threei}  incredibly annoying?
[12:59] {thomcbell} y
[12:59] {Les} Mr incredibly annoying
[12:59] {Les} I see a sequel for disney
[12:59] {thomcbell} i was looking long all day and didnt trust the setups
[13:00] {thomcbell} stop to 37.74 msft
[13:00] {thomcbell} and out
[13:01] {Les} VXX forming higher bottom potential here
[13:01] {Les} probably too late here
[13:16] {RonS} going to take off...have a good weekend all...see you Monday...son-in-law in town from Shanghai interviewing (for 3 days) for Sr Director of Strategic Planning for DaVita which is now based here...would be real nice to have my daughter and grandkids around...had a real nice week, thanks everyone...
[13:16] {fish_49} ron  Good luck with that  and have a great weekend
[13:18] {nemo} getting them out of the pollution in Shanghai wouldn't be bad either
[13:19] {Joebi_Wan} vxx two girls, one cup and handle?
[13:36] {thomcbell} yhoo vad
01[13:36] {@Threei}  can't tell which way
[13:37] {thomcbell} 35.97 long break
[13:37] {thomcbell} but figure is right above
[13:38] {nemo} look at overhead supply you have to break
[13:38] {thomcbell} after the spike it really hasnt given up much
01[13:40] {@Threei} Long Setup:  YHOO  36 break
01[13:41] {@Threei}  If holds  .90
[13:47] {thomcbell} yhoo 1:1 if using aggressive tinkerbell entry
01[13:48] {@Threei}  1:1
01[13:48] {@Threei}  we were eyeballing this one since forever thom :)
01[13:54] {@Threei}  1:2
[13:57] {thomcbell} perfect
01[13:58] {@Threei}  1:3
01[13:58] {@Threei}  nice, slow enough to enter and exit with no troubles, and not as slow as to test our patience too much
01[13:58] {@Threei}  my a$$ is out
01[13:58] {@Threei}  who else did it??
[13:58] {fish_49} great job
[13:59] {fish_49} I did not get in (Demo)   still creating hot keys  and when I went to get in had error message.  CC just cleared my error
01[13:59] {@Threei}  ty... look when we spotted it first:
01[13:59] {@Threei}  [12:10] {@Threei} Long Setup: YHOO 36 break
01[13:59] {@Threei}  [12:10] {thomcbell} yhoo 36 long break if holding 35.90
[14:03] {thomcbell} lvs 77.17 long break
[14:05] {thomcbell} nope
[14:17] {Joebi_Wan} X short .35 break?
01[14:18] {@Threei}  hmmm
01[14:18] {@Threei}  no
01[14:18] {@Threei}  came down 20 cents pretty fast
01[14:21] {@Threei}  now after some consolidation looks better
[14:23] {thomcbell} wmt looks vulnerable
[14:23] {thomcbell} cup and handle but looks failure prone
[15:02] {Joebi_Wan} msft holding up
01[15:03] {@Threei} Short Setup: GLD  .70 break
01[15:03] {@Threei}  If holds  .80
[15:03] {thomcbell} msft trades great
[15:03] {thomcbell} day high
01[15:16] {@Threei}  Invalidated
01[15:16] {@Threei}  for noqw
01[15:16] {@Threei}  for now
01[15:16] {@Threei}  still watching
[15:20] {Joebi_Wan} wow vxx nemo
[15:20] {nemo} yep
01[15:20] {@Threei}  .s c .70 break
[15:20] {nemo} little later than I expected
01[15:20] {@Threei} Short Setup: C  .70 break
01[15:20] {@Threei}  If holds  .80
[15:21] {nemo} spy coming into yesterday's lows then vwap around .10 then the whole
[15:22] {fish_49} Missed C  on the first call got it on the way back down
[15:23] {thomcbell} vxx
[15:23] {thomcbell} beautiful
[15:27] {fish_49} Les no work tonight?
01[15:36] {@Threei}  1:1
01[15:38] {@Threei}  can you believe what we squeezed out of this day that looked so hopelessly emoty in the morning?
[15:38] {fish_49} :)
[15:39] {thomcbell} have a good weekend everyone -
[15:39] {Joebi_Wan} nice job
01[15:39] {@Threei}  you too thom
[15:39] {Joebi_Wan} Thanks everyone
[15:39] {fish_49} and my hot key got me out Half on the C trade like a champ
01[15:39] {@Threei}  cool
[15:39] {fish_49} c y tinker  have great weekend
[15:39] {Joebi_Wan} thanks Vad, talk to ya soon
01[15:39] {@Threei}  :)
[15:41] {Joebi_Wan} give nemo a truckload of JD Honey for that vxx call
01[15:42] {@Threei}  I would but his liver says please don't
[15:42] {Joebi_Wan} lol
06[15:42] * nemo told his liver to shutup
01[15:43] {@Threei}  sorry, I probably shouldn't have talked to it behind your back
01[15:43] {@Threei}  but it begged and yelled
[15:43] {nemo} It'll be screaming tonight, Chinese New Year
01[15:44] {@Threei}  which you have what to do with?
01[15:44] {@Threei}  besides absolutely nothing I mean
[15:44] {fish_49} justification to drink
[15:44] {nemo} ?
01[15:44] {@Threei}  C baby
[15:45] {nemo} nah, gotta' go to ceremony
[15:45] {nemo} then eating and drinking
[15:45] {fish_49} I will be out in full @ .53
[15:46] {fish_49} good call Vad  my hot keyes worked
[15:46] {fish_49} Im a happy camper
01[15:46] {@Threei}  1:2
01[15:46] {@Threei}  :)
[15:47] {fish_49} have a great weekend  guys
[15:47] {fish_49} thanks Vad
01[15:47] {@Threei}  people should stop exiting before thweir good bye can be answered
01[15:50] {@Threei}  1:3
01[15:50] {@Threei}  out
01[15:50] {@Threei}  thank you guys, have a great weekend
01[15:50] {@Threei}  see you Monday

Thursday, January 30, 2014

Jan 30 2014

Another strong day with trades coming in from all walks in all directions. Just right market activity - volatile enough to give us room for profit but not as much as to make risk too difficult to control. Along with faster plays like FB and CAT there were nicely paced ones like SLW, FCX, GLD etc, wotking for nice and easy 1:2 and 1:3 and more.

Session Time: Thu Jan 30 00:00:00 2014
[08:35] {thomcbell} good lord fb
01[08:50] {@Threei}  wow
01[09:11] {@Threei}  oh, and... poor goldbugs
[09:11] {Les} what about poor me? Nemo's alive another day
[09:12] {nemo} may you live forever
01[09:12] {@Threei}  look at the bright side
[09:13] {nemo} spy 4.9 mill so far..another active day
[09:14] {dino} gm
01[09:14] {@Threei}  dino :)
01[09:14] {@Threei}  FB, most likely will be untradable at the open
[09:14] {nemo} notice Vad can't come up with a "bright side"
01[09:15] {@Threei}  no... thought of it long and hard
01[09:15] {@Threei}  and decided if Les asks, I'll just say "not sure"
[09:15] {nemo} looks like turn-around-thursday
01[09:16] {@Threei}  dino, ron... FB today might be your client
[09:16] {nemo} twtr as a sloppy second
[09:16] {nemo} oh shit...Germans are drinking less beer
[09:18] {Joebi_Wan} and having less children
[09:18] {nemo} Goog and V way up
[09:19] {nemo} yeah, a survey about 6 months ago:  39% of single males said the perfect family size was.....
[09:19] {Les} sloppy daily db's. good exit strategy yesterday dino
[09:19] {nemo} wait for it....
[09:19] {nemo} ZERO
[09:21] {nemo} think about it...
[09:21] {nemo} doesn't it scare you that Les has reproduced?
[09:22] {Les} well someone has to ying your nasty little yang
[09:22] {nemo} getting personal there Les
[09:23] {ese} morning
[09:23] {Les} bout bloody time
[09:23] {Les} starting to think you were emotionally brain dead
01[09:23] {@Threei}  hey ese
01[09:24] {@Threei}  how was your trip?
[09:24] {nemo} Les DCC
[09:24] {nemo} Les DCC
[09:24] {ese} The trip was good vad...Will be going a few more times...hey Les....been in Red Deer Alberta.....my mother is not doing well (cancer)
01[09:25] {@Threei}  sorry... :(
[09:25] {Les} aaagh shit, sorry to hear it ese
[09:25] {ese} Was back tuesday.....was laying low
[09:25] {ese} it's all good ...... it's one of them "it's a part of life things"
[09:27] {Les} true, but not a path I've yet had to tread. feel for ya buddy
[09:28] {ese} tks Les
[09:29] {dino} sorry ese
01[09:30] {@Threei}  sheesh FB
[09:30] {Joebi_Wan} going berserk
01[09:30] {@Threei} Long Setup:  GDX  .30 break
01[09:30] {@Threei}  If holds  .25
01[09:32] {@Threei} Long Setup:  C  .55 break
01[09:32] {@Threei}  If holds  .45
[09:32] {ese} tks dino
[09:33] {dino} tsco sm l .95
01[09:34] {@Threei}  1:1  GDX
01[09:36] {@Threei}  trail c to .49
01[09:36] {@Threei}  touched 1:1... too fast for exit
01[09:36] {@Threei}  but trail is in order
01[09:37] {@Threei}  meh
[09:38] {dino} tsco stop -.35
[09:39] {thomcbell} holy chowder look at that move in lvs
[09:41] {thomcbell} splk looks like a short setup there
01[09:41] {@Threei} Long Setup:  FB  .50 break hl
01[09:41] {@Threei}  If holds  .35
01[09:43] {@Threei}  held by fingertips
01[09:43] {@Threei}  1:1
[09:43] {Joebi_Wan} dang, i stopped out
01[09:45] {@Threei}  out
01[09:45] {@Threei}  seriously volatile
01[09:46] {@Threei}  ugh
[09:47] {thomcbell} fio unreal
[09:47] {munky} out .91 ty
01[09:48] {@Threei}  wtg
[09:48] {munky} lil scary
[09:50] {dino} mur sm l .11
[09:51] {munky} fb closed like 53, could really fall
[09:51] {munky} dangerous
[09:54] {munky} coulda been a stellar short tho
01[09:55] {@Threei} Long Setup:  CAT  .10 break
01[09:55] {@Threei}  If holds  91
01[09:55] {@Threei}  1:1 if you caught it
[09:55] {dino} mur stop
01[09:59] {@Threei}  home sales in 1
01[10:00] {@Threei}  *(US) DEC PENDING HOME SALES M/M: -8.7% V -0.3%E; Y/Y: -6.1% V -0.3%E
01[10:00] {@Threei}  yikes
[10:02] {fish_49} Is that not a typical number for winter?
[10:02] {Joebi_Wan} y/y
01[10:03] {@Threei}  weather sure had an impact form m/m but for y/y it's too large
[10:03] {fish_49} ahhh  yea  I see that  now  y/y  I was reading wrong
[10:03] {fish_49} Hope improves  soon  My house going on the market in March
[10:03] {RonS} rsol l 4.0649
01[10:05] {@Threei}  anyone did CAT?
01[10:05] {@Threei}  1:3
[10:06] {Joebi_Wan} too fast
[10:06] {munky} missed it
[10:06] {RonS} missed
[10:06] {Les} this market too fast for me
01[10:08] {@Threei} Long Setup:  FCX  .05 break
01[10:08] {@Threei}  If holds  .95
[10:08] {dino} aegr rockin
01[10:12] {@Threei} Long Setup:  SLW  .70 break
01[10:12] {@Threei}  If holds  .60
01[10:13] {@Threei}  1:1  SLW
01[10:13] {@Threei}  just right speed this time
01[10:14] {@Threei}  easy toexecute and didn't make us wait too long
[10:14] {munky} out .87 ty, nice one
01[10:14] {@Threei}  :)
[10:15] {goinshort} nice one !!! also in GLD long
01[10:15] {@Threei}  sibling play... nice
01[10:15] {@Threei}  from 120 break?
[10:15] {goinshort} 119.85
01[10:15] {@Threei}  wow
01[10:16] {@Threei}  gj
[10:16] {goinshort} stop just took me out +.28
[10:17] {Joebi_Wan} fcx still good?
[10:17] {fish_49} it triggered
01[10:17] {@Threei}  yes
[10:19] {dino} clb drop
[10:20] {nemo} stuff slowed down
[10:20] {nemo} wow
[10:24] {thomcbell} ryl looks like a short setup here
[10:24] {thomcbell} currently too wide
[10:25] {munky} com'on fcx
[10:25] {munky} sheesh
[10:25] {munky} there
[10:25] {Les} give that munky a banana
[10:25] {munky} just ask
[10:25] {Joebi_Wan} lol
[10:26] {RonS} ask again
[10:27] {munky} u btry it
[10:27] {munky} try
[10:28] {RonS} patience was the one that could kick this stock...
[10:28] {RonS} she was like a siren...
[10:31] {RonS} wow UA
[10:31] {munky} best i saw was .13, not quite 1:1
01[10:31] {@Threei}  let's tighten to .99
[10:32] {RonS} whr pulp
[10:33] {munky} if it hits .17 im outta here
[10:33] {munky} or there
[10:34] {thomcbell} ryl worked
[10:35] {RonS} heard UA signed Navy and Notre Dame...now they have guns & Jesus on their side
[10:36] {Les} sounds like a breakaway brance of the republican party ron
[10:36] {Les} branch
[10:37] {dino} c l .13
[10:37] {RonS} maybe since the dems use drones and the nsa...
[10:38] {munky} kickin fcx oiin rear
[10:39] {RonS} esi getting hit
01[10:39] {@Threei}  1:1  FCX
[10:39] {thomcbell} lvs 75.25 long break
[10:40] {thomcbell} sorry guys i was late
[10:40] {thomcbell} oh my god
[10:40] {munky} out .17 ty
[10:40] {thomcbell} and i didnt put my order in either
01[10:40] {@Threei}  yw
[10:41] {thomcbell} u see that vad
01[10:41] {@Threei}  yeah
01[10:42] {@Threei}  iksplozhion
[10:42] {Joebi_Wan} ha. phonetics
01[10:42] {@Threei}  :)
01[10:43] {@Threei}  btw, remember the professor from Princeton or whatever who claimed FB was about to eat itself or something like that? I hope he shorted it
[10:43] {RonS} out fcx .22 +.16 thanks 3i
01[10:44] {@Threei}  these imbeciles thinking their "virus dissemination" theories can be used in market deserve to be punished
01[10:44] {@Threei}  yw ron
[10:45] {Les} sounds imaginative, serious and sexy to me
[10:45] {Les} but then again, I've been in contact with nemo too long
[10:45] {nemo} Ahhh, your sexual orientation is my fault
[10:46] {Les} nah we talking intellectual attraction
[10:46] {Les} slw short
[10:46] {Les} .69
[10:46] {nemo} then you must be into amoeba
[10:46] {Les} holding .75
[10:46] {Les} no you don't
[10:46] {Les} can't use same descriptive twice in one week
[10:46] {nemo} fine...protozoans
[10:47] {thomcbell} splk 64.96 long setup
[10:47] {nemo} we'll lower the bar for you
[10:47] {Les} friking walking txt bok
[10:47] {Les} book
[10:49] {thomcbell} lvs 1:10 in 10 minutes
[10:49] {thomcbell} vad do i get extra credit even though i didnt catch it?
[10:49] {nemo} I would say crossopterygian ganoid, but that's much too far up the food chain for you
[10:49] {Les} now you are just being silly
[10:50] {Les} GLD letting go of vwap support
[10:50] {dino} out c .09 -.03
[10:50] {nemo} it's a lungfish of the Devonian period
[10:50] {Les} need to slw to follow
[10:50] {nemo} arguably our first ancestor to rise out of the oceans, since you're still in the slime, I can understand why you wouldn't know
[10:51] {Les} show some respect for your elders
01[10:51] {@Threei}  tbell... yes but it's not transferrable to cash
[10:52] {thomcbell} still feel good i suppose
[10:52] {thomcbell} i could have been somebody.....i could have been a contender
[10:52] {fish_49} Vad you have  to call him Thom not Tbell  Tbell reminds me of the Disney Fairy Tinker Bell
[10:53] {thomcbell} im long the splk will use a 74.74 stop - something not right
01[10:53] {@Threei}  hmmm
[10:53] {fish_49} no offense  Tbell
[10:53] {nemo} his subconscious identity
[10:53] {RonS} had a boss once who would say: "if you're not making money you are just jacking off"...  :)
[10:54] {Joebi_Wan} turn off your web cam
[10:54] {fish_49} Ron?  Which one feels better?
[10:54] {thomcbell} data just ripped
01[10:54] {@Threei}  some cultural associations don't exist for me for obvious reasons
[10:54] {Les} slw stopped
[10:54] {fish_49} lol  Vad
[10:54] {fish_49} I will just live with it  like Nemo lives with Joe
[10:54] {thomcbell} agree on making money as well as the Tinker bell
[10:55] {thomcbell} Tinker bell worse than Taco
[10:55] {fish_49} lol  that's my fav  fast food Thom
[10:55] {Les} wonder if tinker bell tastes nicer than tacos?
01[10:55] {@Threei}  ok... thom it is
[10:55] {fish_49} I heard  taste like plastic
[10:56] {thomcbell} splk 1:1
[10:56] {fish_49} http://fairies.disney.com/tinker-bell
[10:56] {thomcbell} actually more like .5 to 1
[10:56] {fish_49} that one Vad
[10:56] {Les} spy cup and handle forming
[10:57] {RonS} useless but interestg: taco bell founded by Don Bell, right down the road (US 66) from the McDonald bros place in San Bernardino CA
01[10:57] {@Threei}  yeah... definitely changing, this is as far from how I envision thom as it only possible
[10:57] {thomcbell} fio 11.50 long break if holding 11.40
[10:57] {fish_49} lol
[10:57] {fish_49} lol
[10:58] {fish_49} Taco Bell owned by YUM  right?
01[10:58] {@Threei}  argh
01[10:59] {@Threei}  how did we miss CAT .40 long??
[10:59] {Les} LVS smack into 50 day resistance here
[11:00] {munky} 13 red bars c
[11:01] {thomcbell} fio 1:1
[11:02] {thomcbell} out fio
01[11:02] {@Threei}  C .10 was very clean DBI...
[11:02] {Joebi_Wan} nice call thom
[11:02] {thomcbell} splk 1:1
[11:02] {thomcbell} not a scalp for me
[11:03] {thomcbell} fio got 1:2 for a second
[11:03] {thomcbell} ;vs ;ppls ;ole ot cpi;d breal tjri
[11:03] {thomcbell} wow
[11:03] {thomcbell} vad u cant beat that
[11:03] {thomcbell} lvs looks like its going to break thru
01[11:04] {@Threei}  hmmm
01[11:04] {@Threei}  this reminds me old soviet joke (Ron groans) about a girl seeking to be hired as secretary
[11:05] {munky} explicit content here?
01[11:05] {@Threei}  asked how many letters a minute she can type, she answers confidently: 15,876 a minute!
01[11:05] {@Threei}  then adds timidly: although what comes out is a total nonsense...
[11:06] {Les} hehe
[11:06] {munky} yea, but is she hot?
[11:06] {RonS} lol
01[11:06] {@Threei}  I think so but that's another joke
06[11:06] * Les throws munky an iced banana
[11:07] {thomcbell} didnt keep my word sold 1/3 splk at 75.18
[11:07] {ese} cya tomorrow.....1st day second semester......
01[11:08] {@Threei}  take care ese
[11:08] {thomcbell} lvs
01[11:09] {@Threei} Long Setup:  C  .90 break
01[11:09] {@Threei}  If holds  .80
[11:11] {dino} celg too fast, in 150.88 out 152
[11:11] {thomcbell} splk 1:4
[11:11] {thomcbell} or 1:2 if your being a stickler
[11:12] {dino} c l .90
01[11:12] {@Threei}  1:1
[11:13] {Les} half out .99 ty
01[11:13] {@Threei}  yw
[11:13] {Les} gotta rejig sound with speakers and Mirc instructions vad. missed half of your clalls today
[11:13] {thomcbell} sold another 1/3 splk 75.68
[11:13] {Les} lost the alarm
[11:15] {Les} hmmm GS underperforming today
[11:15] {Les} not so untouchable anymore these banksters
[11:16] {thomcbell} out splk 75.80
01[11:16] {@Threei}  they never were
[11:17] {dino} gj tbell
01[11:17] {@Threei}  just remember how GS was beaten during market drop in 2008
[11:17] {Les} oooph no memory
[11:17] {Les} was just beginning to ask questions
01[11:17] {@Threei}  this is just another conspiracy thoery
[11:17] {Les} like WTF is going on
[11:18] {Les} found B's place in 2008 I think
[11:18] {Les} like yesterday, like decades ago
[11:20] {Les} wellthey were looking pretty good when they didn't have a single losing day during a few quarters there
[11:20] {Les} taking 1/8 off fcx here at .31
[11:21] {Les} last quarter chopped in half again. looking for higher prices eod
[11:21] {RonS} ya, they were winning so consistently goldman was considering changing firm ane to:  dino
[11:21] {RonS} name
[11:21] {Les} lol
[11:21] {Les} is dino really dino?
[11:22] {thomcbell} how splk
[11:22] {thomcbell} wow
01[11:25] {@Threei}  1:2  FCX
01[11:25] {@Threei}  a ,lot of patience this one took
01[11:25] {@Threei}  but heck
[11:25] {dino} utek spike
[11:26] {fish_49} it gave me plenty of time  to play with order entry  and hot keys
[11:26] {dino} smr s .65
[11:32] {thomcbell} splk 1:19
[11:33] {thomcbell} gimme a break
[11:33] {dino} cov utek .10, +.55
01[11:35] {@Threei}  closed in full at 1:3
[11:41] {Les} C dirty rinser
01[11:42] {@Threei}  rinser of the dirt
[11:42] {Les} was tempted by 2nd entry but began looking at JPM. should have stuck with C
[11:43] {RonS} out rsol 4.25 +.1851 ese size
[11:43] {Les} gj
[11:46] {dino} out c .10, +.20
01[11:47] {@Threei}  it had even more in it
01[11:48] {@Threei}  and so did FCX
01[11:48] {@Threei}  interesting how these slow creepers sometimes have such potential
[11:51] {fish_49} Munky  did you get answers to the sound issue?
[11:51] {Les} was nice db in 15 time frame. should have reentered following the stop (which happily is becoming automatic). the 3 and 15 said it should keep going higher.
[11:52] {Les} similarly holding FCX, which tried to stop us out
[11:53] {Les} 200 day is overhead. wonder if it'll bust it EoD
01[11:55] {@Threei}  he did fish, it's not available
[11:55] {fish_49} ty
[12:14] {munky} fish, its not a feature avail to us
[12:14] {munky} sound
[12:16] {fish_49} ty Munky
[12:17] {fish_49} ok to show off some pics from my trip last week?
[12:17] {fish_49} http://s1332.photobucket.com/user/bkhmd/media/P1220183vad_zpsf59ab468.jpg.html
[12:17] {dino} monkeys, fish, dinosaurs, birds, what else will show up here?
[12:17] {fish_49} http://s1332.photobucket.com/user/bkhmd/media/P1230202_zps2a0bc9eb.jpg.html
[12:18] {Les} wher eis it fish?
[12:18] {fish_49} your forgot A$$ Holes Dino  ohhh wait  Nemo has that one covered
[12:18] {fish_49} the first one was Grand Turk Island
[12:19] {dino} roflol
[12:19] {fish_49} the second was Half Moon Cay Island
[12:19] {Les} ouch
[12:19] {fish_49} http://s1332.photobucket.com/user/bkhmd/media/P1200038_zpsd45fc6ea.jpg.html
[12:19] {fish_49} that one is Miami Florida
[12:20] {fish_49} http://s1332.photobucket.com/user/bkhmd/media/P1230266_zps102cfa2d.jpg.html
[12:20] {fish_49} that one Half Moon Cay
[12:29] {thomcbell} mu 23.60 short break if holding 23.70
[12:31] {thomcbell} cancelling that idea
[12:38] {dino} petx spike
[12:50] {thomcbell} lvs spike
[12:50] {thomcbell} shocking
[12:52] {Les} lol C u f&%k
[12:55] {Les} FB showing tradeable long setup
[12:55] {Les} 2 wy
[12:56] {Les} way
[12:57] {dino} same hear les on c, got out at .10, ugh
[13:00] {Les} last fcx out .44
[13:03] {RonS} gj
[13:04] {Les} ty
[13:09] {Les} FB says down
[13:09] {Les} nice tight setup too
[13:12] {dino} har crazy
[13:14] {RonS} hardy har har?
[13:14] {fish_49} dating yourself Ron
[13:15] {fish_49} I mean in the sense of age  not self pleasure
[13:15] {fish_49} lol
[13:15] {RonS} well, i am the only person who will go out with me...
01[13:15] {@Threei}  lol
[13:18] {dino} ozrk spike
[13:21] {nemo} why?
[13:29] {RonS} atk getting shot
[13:30] {Les} fb
[13:30] {Les} long .42
[13:30] {RonS} (atk military ammo)
[13:30] {Les} stop is clear
[13:30] {Les} not go
[13:30] {Les} no go
[13:31] {nemo} atk owns firearms company and civilian ammo companies too
[13:34] {thomcbell} wow cat vad
[13:36] {dino} ozrk smr s .30
[13:41] {dino} f#ck, ozrk halted
01[13:42] {@Threei}  OZRK Reportedly planning to acquire Summit Bancorp - local press
[13:43] {dino} ty
[13:44] {RonS} need amazon to deliver diapers?
01[13:44] {@Threei}  via dron
[13:45] {dino} yeah, halts always screw ya
01[13:46] {@Threei}  I remember dptl once getting incredibly lucky on one
01[13:46] {@Threei}  but that was rather exception
[13:46] {thomcbell} splk 1:30
[13:46] {dino} i usually lose on them
01[13:46] {@Threei}  lol thom
[13:47] {thomcbell} and i used your line SPLK not a scalp for me
01[13:47] {@Threei}  I usually stop counting at 10
01[13:47] {@Threei}  for obvious reason
[13:47] {thomcbell} yup
01[13:47] {@Threei}  huh... nemo still hasn't chimed in
[13:48] {Les} playin with bunny
[13:48] {RonS} lol
[13:49] {nemo} yeah, bunny wants me to leave the room
[13:49] {nemo} says it's not good for me to stay here
01[13:49] {@Threei}  we keep you sharp
[13:49] {nemo} as a butter knife
01[13:49] {@Threei}  well... Les does
[13:50] {nemo} nah, that's like swatting a half dead fly
01[13:50] {@Threei}  see?
01[13:51] {@Threei}  but I strill can't believe you haven't named exact reason why I stop counting r/r ratio at 1:10
[13:51] {nemo} you didn't take your shoes off
[13:51] {Les} c .50 long break?
01[13:51] {@Threei}  there
01[13:51] {@Threei}  not sure about C
01[13:52] {@Threei}  formally it's a double bottom
[13:52] {Les} was looking for DB
01[13:52] {@Threei}  but somehow feels a bit too random
[13:52] {Les} k, wanted below .40
01[13:53] {@Threei}  yes, with aggressive entry I'd be more comfortable with this setup
01[13:53] {@Threei}  TRP Canada Govt official indicates that the report on the Keystone XL pipeline from the US State DEpt could be ready by next week
01[14:00] {@Threei}  no time for resumption yet, dino
01[14:00] {@Threei}  know where to monitor that?
[14:00] {dino} no
01[14:00] {@Threei}  http://www.nasdaqtrader.com/Trader.aspx?id=Tradehalts
[14:01] {dino} thx
01[14:01] {@Threei}  better than stare at level 2 :)
01[14:01] {@Threei}  it'll give you time of reumption in advance
[14:02] {thomcbell} short setup syna 58.56 break if holding 58.65
[14:02] {dino} ty
[14:05] {thomcbell} talk tomorrow guys
[14:05] {dino} cya
01[14:05] {@Threei}  take care thom
[14:05] {thomcbell} have stuff to do with kids
[14:05] {fish_49} later tinker
01[14:05] {@Threei}  slap's in order
[14:05] {thomcbell} tatatatata
[14:05] {fish_49} lol
01[14:06] {@Threei}  there is something intriguing in fish being slapped with trout...
[14:06] {fish_49} cousin slap  lol
01[14:06] {@Threei}  it's alomst like slapping bunny with rabbit
[14:06] {fish_49} lol
06[14:06] * @Threei slants at nemo
[14:06] {fish_49} or vodka with ice
[14:07] {nemo} careful
01[14:07] {@Threei}  or munkey with gorilla
01[14:07] {@Threei}  or dino with t-rex
[14:07] {nemo} Les with a brain
[14:07] {fish_49} or ese with obama
06[14:08] * @Threei falls under the table laughing
[14:12] {Les} hopefully not at me
[14:12] {Les} I'm sensitive about my IQ
[14:12] {nemo} just remember your belt size, you'll never forget your IQ
[14:12] {Les} how the hell woudl I know that?
[14:13] {nemo} usually on the inside of the belt
[14:13] {Les} DIA potential db
[14:13] {nemo} maybe you should tattoo your name on your hand
[14:13] {Les} me things lower
[14:19] {dino} pran spike
[14:29] {Joebi_Wan} internet freakin out
[14:34] {Les} fas rams straight up to resistance while c doesn't move
[14:39] {Les} DIA cup and hanlde
[14:48] {dino} got lucky, cov pran .70, +.60
01[14:48] {@Threei}  OZRK
01[14:49] {@Threei}  quotes started
[14:49] {dino} opps ozrk covered, watching pran
01[14:49] {@Threei}  looks good dino
01[14:49] {@Threei}  ah
[14:49] {dino} covered
01[14:49] {@Threei}  congratulations
[14:49] {Les} gj
[14:49] {dino} lucky, could have gone eother way
[14:50] {dino} bounced to 63.80s at open
[14:55] {munky} vad, what r u watching
[14:56] {dino} pran
01[14:56] {@Threei}  CAT and FB
[14:56] {munky} ah, me too
[14:56] {munky} munky see...munky do
01[14:57] {@Threei}  hehe
[14:57] {fish_49} looking for long fb around .45?  or breakout above .78?
[14:57] {munky} wondering if IF fb will attempt to close at highs
01[14:58] {@Threei}  not sure yet about FB setup, just watching if it forms something
[14:58] {munky} u got 3 eyes, so use number 3 on C ok
[14:59] {Les} fb flirtin above below vwap
[15:03] {nemo} fb looks short
[15:06] {munky} missed cat
[15:06] {Les} FB back to vwap
[15:09] {munky} nice sh read
01[15:15] {@Threei} Short Setup: GLD  .95 break
01[15:15] {@Threei}  If holds  .05
[15:26] {Les} CAT loosk short
[15:26] {Les} lower high
01[15:27] {@Threei}  .30 break yeah
01[15:27] {@Threei}  hl
01[15:28] {@Threei}  GLD stop to .01
[15:28] {Les} guess not
[15:30] {Les} they're going ballistic Mav!
[15:33] {Les} Vad how do I put alarm back on your name
01[15:33] {@Threei}  just run configurator again
[15:33] {Les} ?
01[15:33] {@Threei}  on our trading room page there is a mirc configurator
01[15:34] {@Threei}  aside of login it also puts a sound alert
[15:36] {Les} username and pw?
01[15:37] {@Threei}  ?
01[15:37] {@Threei}  you don't know yours?
[15:37] {Les} hmmmm
01[15:37] {@Threei}  username is... drum roll
[15:37] {Les} no I just get you to log me every year I come back
01[15:37] {@Threei}  Les
[15:39] {Les} speak, speak to us master!
[15:39] {Les} CAT looking close to dt
[15:40] {fish_49} took fb long at .97 and filmed the trade on my camera but then realized no sound  waaa
01[15:41] {@Threei}  1:1
[15:41] {Les} hmmmm no sound there
01[15:43] {@Threei}  setup
01[15:44] {@Threei}  any sound now?
[15:44] {Les} better
01[15:44] {@Threei}  there you go
[15:44] {Les} ty
01[15:44] {@Threei}  alert is on word setup typed by me
[15:44] {Les} K
[15:45] {dino} calling it a week guys. back on wednesday. heading south for some myrtle beach golfing. tired of the single digit temps here in pa
01[15:45] {@Threei}  have fun dino
01[15:46] {@Threei}  warm up a bit
[15:46] {Les} CHEERS
[15:47] {dino} thx all, gl over next few days
01[15:47] {@Threei}  die GLD
01[15:47] {@Threei}  die faster
01[15:47] {@Threei}  die harder
01[15:48] {@Threei}  (no "death by viagra" jokes please)
[15:48] {Joebi_Wan} aw
01[15:55] {@Threei}  3 min more
01[15:55] {@Threei}  good girl
[15:56] {Les} q .77
[15:57] {Joebi_Wan} out .76 Thanks vad.. have a good night all
01[15:57] {@Threei}  out too
01[15:57] {@Threei}  almost 1:2
[15:57] {Joebi_Wan} good enough
01[15:57] {@Threei}  thank you all, have a good evening
01[15:57] {@Threei}  see you tomorrow
[15:58] {Les} a+
[15:58] {fish_49} good night all
[15:58] {fish_49} great day
01[15:58] {@Threei}  :)
[15:59] {munky} thanx vad, everyoner

Wednesday, January 29, 2014

Jan 29 2014

Very strong day with many plays working like charm for nice large moves. FB, C, GLD, CAT performed admirably, both before and after FOMC.



Session Time: Wed Jan 29 00:00:00 2014
[08:09] {nemo} wow, can't short spy today or sso...short list getting, how can I say this.......short
[08:11] {Joebi_Wan} go lond sds?
[08:11] {Joebi_Wan} long
[08:11] {nemo} I understand, it's the range
[08:12] {nemo} I think there might be a problem with the shortable list at the moment.  Many stocks that were shortable yesterday, aren't today
[08:14] {nemo} think about not being able to short the SPY
[08:14] {nemo} although, I've noticed the other indexes getting harder to short
[08:28] {nemo} everything o.k. with the short list CC_7?
[08:47] {nemo} wow is the vix going
01[09:09] {@Threei}  yawn
01[09:09] {@Threei}  why are we dropping like there is gravity?
[09:09] {nemo} Plunge Promotion Team
01[09:10] {@Threei}  ah
01[09:10] {@Threei}  did they win fistfight with plunge protection one?
[09:10] {nemo} evil twin
[09:12] {thomcbell} fb might be long squeeze here at the open
[09:12] {thomcbell} 54.85 short setup as of now
[09:12] {dino} gm
01[09:12] {@Threei}  dino :)
01[09:12] {@Threei}  or .90 long, tbell
[09:15] {thomcbell} yes it will have multiple trades today with earnings out tonight
[09:25] {dino} .
01[09:27] {@Threei}  FB at the open will be too volatile most likely, going to let it calm down a little
[09:29] {dino} cvlt?
01[09:30] {@Threei}  earnings... conf call going
[09:30] {thomcbell} 1:7 vad
01[09:30] {@Threei}  CVLT Weakness attributed to conf call comments about margin concerns
[09:30] {Les} DIAA sm long .52
[09:31] {Les}  holding .40
01[09:32] {@Threei} Long Setup:  JPM  55 break
01[09:32] {@Threei}  If holds  .90
[09:33] {Les} 1:1 DIA
[09:33] {dino} cvlt sm l .95
01[09:34] {@Threei}  Invalidated
01[09:34] {@Threei}  valid again
[09:36] {Les} DIA 1:2 without me stop flat 2nd half
01[09:37] {@Threei} Long Setup:  FCX  .60 break
01[09:37] {@Threei}  If holds  .55
[09:37] {nemo} fb dieng
[09:37] {nemo} dieing
[09:38] {nemo} can't short fb or twtr
[09:38] {nemo} wow
[09:38] {nemo}  lotsa no shorts today
[09:39] {dino} 66.30 wall cvlt
[09:39] {dino} bam
01[09:39] {@Threei}  1:1
[09:39] {thomcbell} wow not borrowable? fb and twtr?
[09:40] {nemo} yeah, lots not borrowable today
[09:40] {nemo} no spy sso vxx
[09:40] {Les} nice flush from DIA on the retest of mondays low
[09:41] {nemo} if it's not a technical difficulty, that means not much around for cheap...SPY was tough to borrow last week
[09:42] {thomcbell} fb 53.81 long break
01[09:43] {@Threei}  1:2
[09:43] {thomcbell} fb 1:1
[09:44] {Les} ty tbell
01[09:45] {@Threei}  last 1/4 stop .75
01[09:45] {@Threei}  missed .89 exit
01[09:46] {@Threei}  nice FB
[09:46] {Les} fb dirty rinser only made scalp
[09:46] {thomcbell} dow looking for a long break here
[09:47] {thomcbell} fb 1:3
[09:47] {thomcbell} for a second
[09:50] {Joebi_Wan} gld short?
01[09:52] {@Threei}  122 break, if holds .10
01[09:52] {@Threei}  out last 1/4 FCX on a trail
[09:54] {thomcbell} fb 1:4
01[09:54] {@Threei}  GLD 1:1
01[09:54] {@Threei}  good spot joebi
01[09:54] {@Threei}  power is with you
[09:54] {Joebi_Wan} thanks
[09:54] {Joebi_Wan} lol
[09:54] {dino} c sm l .80
[09:55] {Joebi_Wan} the force, vad
01[09:55] {@Threei}  yes, sorry
01[09:55] {@Threei}  1:2
[09:55] {Les} missed it long DIA from .70 but also lost sound out of headphones for vad's callsneed to fix it
01[09:56] {@Threei}  sometimes movies that I first saw in russian I tend to translate back to english instead of remembering exact word used in original :)
01[09:58] {@Threei} Long Setup:  CAT  .55 break hl
[09:58] {Les} volatility's a bitch indexes shaking every effort
01[09:58] {@Threei}  If holds  .45
[10:02] {thomcbell} stop on fb to 53.99
01[10:02] {@Threei}  trail CAT to .49
01[10:02] {@Threei}  1:1
[10:03] {thomcbell} out fb
01[10:04] {@Threei}  1:2
01[10:05] {@Threei}  1:3
01[10:05] {@Threei}  out
[10:05] {Joebi_Wan} nice CAT
[10:05] {Les} holding CAT last piece ty
01[10:05] {@Threei}  most cats are
01[10:05] {@Threei}  yw
[10:06] {Les} out CAT .94 ty
[10:09] {nemo} wow Fed dead already
01[10:09] {@Threei}  :)
[10:09] {Les} ? Nemo
[10:10] {nemo} Fed day Les
[10:10] {Les} real fed or just notes release?
[10:10] {nemo} former
01[10:11] {@Threei}  real
[10:20] {Les} DIA back to support with bullish divergences 3 min. Not taking more risk here
[10:23] {dino} .
01[10:25] {@Threei} Long Setup:  GLD  .10 break
01[10:26] {@Threei}  If holds  122
01[10:27] {@Threei}  look who swam in
[10:28] {fish_49} lol  I see a bull trap and wanted to share it with the room
01[10:28] {@Threei}  hey fish
[10:28] {fish_49} Hello Vad
[10:28] {fish_49} I have a Buill trap and wanted to warn everyone
01[10:28] {@Threei}  FOMC day...
01[10:29] {@Threei}  anything's possible
[10:29] {fish_49} http://s1332.photobucket.com/user/bkhmd/media/bulltrap3_zps584785f5.jpg.html
[10:29] {fish_49} here is the bull trap  don't fall for it
01[10:29] {@Threei}  do they continue taper or do they put it on pause
01[10:29] {@Threei}  lol
[10:29] {Les} ouch fish
[10:29] {fish_49} cc you have email sir
[10:30] {dino} they should just shut up and do
[10:30] {fish_49} I agree Dino
01[10:30] {@Threei}  BBRY Ticking higher on chatter of an activist investor building a stake
[10:31] {Les} wasn't the Defence Dept. supposed to be saving BBRY last week?
[10:31] {dino} they denied order
[10:31] {thomcbell} twtr tempted to short this pullback up to resistance here
[10:32] {fish_49} as far as security goes, they have a superior product  and it runs on itself not on top of another platform.
[10:32] {fish_49} If they could just make it prettier  people would buy their products
[10:32] {fish_49} lol
[10:33] {Les} guessing support is still at zero then for BBRY
[10:33] {dino} 66.75 wall cvlt
[10:34] {thomcbell} rally i meant on twtr
[10:34] {dino} better worlds les, imo
01[10:35] {@Threei} Long Setup:  FB  .70 break
[10:35] {RonS} refiners going crazy over oil report and big earnings beats...
[10:36] {dino} natty gas up big too, boil/kold
01[10:36] {@Threei}  no go GLD
01[10:36] {@Threei}  1:1  FB
[10:37] {thomcbell} dow 44.90 short break
[10:40] {dino} db sm l .75
01[10:41] {@Threei}  1:2
[10:42] {thomcbell} beautiful Vad
[10:42] {Joebi_Wan} ty vad
01[10:42] {@Threei}  :)
01[10:42] {@Threei}  1:4
[10:43] {RonS} out cvlt 67.50 from 4.50  +3.00
[10:43] {Joebi_Wan} wow, nice
[10:44] {munky} munky faints
[10:44] {munky} falls out tree
[10:44] {Joebi_Wan} lol
[10:44] {munky} lands on stockpile of bananas
01[10:44] {@Threei}  lol
01[10:44] {@Threei}  wtg ron
[10:47] {Les} ty tbell
[10:47] {thomcbell} dow 1:1
[10:50] {Joebi_Wan} FCX L .80 Break?
[10:51] {Joebi_Wan} missed
[10:51] {thomcbell} trail stop to 44.81 on dow
[10:52] {thomcbell} and there it is
[10:53] {dino} out cvlt 68.10, +3.15
[10:54] {RonS} gj
[10:54] {dino} thx
01[10:54] {@Threei}  too bad FCX broke with not much chance to enter
01[10:54] {@Threei}  good setup
01[10:54] {@Threei}  wtg dino
[10:55] {dino} ty
[10:55] {thomcbell} vad that was serious sniper action on fb
[10:55] {thomcbell} 1:7
[10:56] {munky} reminicent of stalingrad
[10:56] {thomcbell} i got 54.34 on my last 1/3 there Vad
[10:56] {thomcbell} thanks vm
[10:56] {dino} out c .10, +.30
01[10:56] {@Threei}  :)
[10:56] {thomcbell} watching kors here for long setup
[10:57] {thomcbell} needs some sideways between 79.80 and 80
[10:57] {RonS} ya, in kors here at .90
[10:59] {thomcbell} kors 80.01 long break if holding 79.91 hl
[10:59] {thomcbell} nope
[10:59] {thomcbell} still going to watch this one
[11:00] {nemo} getting in to Fed jerk around time
[11:04] {fish_49} My humble opinion is fed says no hike in rate.  Fed says  no decrease in spending yet.  Keep plugging away business as usual...Continue to monitor inflation rate
[11:05] {RonS} ...and that once Ben leaves Yellen will get a shave...
[11:06] {dino} i think they cut another 10b off this month, rates stay same, watching global issues
[11:06] {fish_49} Mr.  I mean Miss Yellen  don't want to make too much wave in her first month
01[11:06] {@Threei}  no hike is a given...
[11:06] {fish_49} I'm good with that Dino  I hope that is the case.  More cuts  should send message that economy is ready to stand on own
[11:06] {dino} don't bet on it, she's big time dove, may stop the 10b cuts
01[11:07] {@Threei}  it's taper more or pause that is in question
01[11:07] {@Threei}  she is so dove, actual doves consider her a whimp
[11:07] {dino} taper happened again under ben, next month yelping yellen does nothing
01[11:07] {@Threei}  and feel like bald eagles next to her
[11:08] {fish_49} we were at 85B  and last meeting we went  to 75B  right?  and your thinking  she may say go back up to 85B ?
01[11:08] {@Threei}  I doubt it fish
[11:08] {dino} janet "jackson" yellen "nasty if you please"
01[11:08] {@Threei}  she may stay at 75 though
[11:08] {dino} no fish, stay at whatever we are at today
01[11:08] {@Threei}  going back to 85 would be seen as extraordinary measure
01[11:09] {@Threei}  and can be counterpoductive as it might start panic
[11:09] {fish_49} yea  that is my take  stay or even another 10b cut in spending  but  last weeks drop was more than Fed fear  I'm thinking
[11:09] {dino} out db .05, +.30
[11:10] {fish_49} gj dino
[11:11] {dino} ty
[11:12] {nemo} dino, ilmn
01[11:12] {@Threei} Short Setup: FCX  .90 break
01[11:13] {@Threei}  If holds  33
[11:14] {munky} fb looks short
[11:20] {fish_49} did FCX print .89?
[11:20] {dino} dk nemo, still messing around w/last half cvlt
[11:21] {dino} stop to .80
[11:25] {dino} out remaining cvlt .95, +4.00
[11:26] {RonS} 3i, X play?
01[11:27] {@Threei}  .05 break?
01[11:27] {@Threei}  worth trying
01[11:27] {@Threei}  market in slow ckimb mode
01[11:27] {@Threei}  climb too
[11:28] {dino} hmmm, no comments huh?
[11:29] {nemo} Bow to Zod?
01[11:29] {@Threei}  lol
[11:29] {dino} :)
[11:29] {dino} lucky morning
[11:29] {RonS} fer chrissakes dino sometimes we are busy...
[11:29] {nemo} dino cleaned up on a trade...what's new?
[11:29] {dino} did my week in a day
[11:31] {fish_49} WOW  Dino  Awesome trade
[11:32] {nemo} yeah WOW we should erect a statue to him
[11:32] {nemo} declare a national holiday
[11:32] {nemo} suggest him for sainthood
[11:32] {munky} how many shares may i ask?
[11:32] {fish_49} as long as he shares his earnings  I vote for all of the above  Toad
[11:32] {dino} ok, i get it. i'll go to monastary
[11:33] {Les} short fcx
[11:33] {dino} 600 in all cvlt. 400 on c and db
[11:33] {Les} .98 holding the high
[11:33] {fish_49} I'm sending a help desk tiket  to DAS help  on the montage  I will post it here  in a pic  maybe it's  just an issue with demo not live platform.  Look at it  when slow time
[11:34] {munky} wow 600 on that one, nice
[11:34] {dino} thx
[11:34] {RonS} watch cuda for some volume...this could pop and run today...
[11:35] {dino} ok barra
[11:35] {fish_49} http://s1332.photobucket.com/user/bkhmd/media/montagepriceentry_zps6336fc02.jpg.html
[11:38] {dino} scanners slowing down
[11:39] {Les} FCX 1:1
[11:40] {fish_49} what price did u get Les?
[11:40] {Les} retook it after stopping out vad's setup
[11:40] {munky} .
[11:40] {Les} didn't make it over .05
[11:41] {fish_49} ok I took it short on the break of 33
[11:41] {fish_49} in demo  trying to make sure  auto stop works
[11:42] {Les} ok yeh short .98
[11:42] {Les} .98125
[11:45] {RonS} out kors +.08 acting heavy, flat for fed...
01[11:47] {@Threei} Long Setup:  FB  .50 break hl
01[11:47] {@Threei}  If holds  .40
[11:54] {nemo} grind up shorts out of the way before fed
01[11:57] {@Threei}  1:1
[11:57] {fish_49} good call Vad
[11:58] {munky} ur nailing fb vad
01[11:58] {@Threei}  shhh... my wife might see this
[11:58] {Joebi_Wan} thats a lot of people..
[11:58] {Les} out .73 ty sir
[11:58] {munky} out .77 ty
01[11:59] {@Threei}  yw
[11:59] {Les} pissed at myself for missing the early short
[11:59] {Les} shot at fb
[12:00] {Joebi_Wan} out FB, thanks vad
01[12:00] {@Threei}  1:2
01[12:00] {@Threei}  :)
[12:00] {Les} fcx back to 33
[12:00] {Les} last q stopped
[12:00] {Les} broker's winning here. break till post-Fed
01[12:01] {@Threei}  1:3
01[12:01] {@Threei}  out
[12:01] {munky} out fb .94 last 300
[12:02] {fish_49} Awesome show on FB
[12:07] {munky} fb prolly good short somewhere along the way
[12:07] {nemo} yeah, except can't short it
[12:08] {munky} i just did by accident
[12:08] {munky} to see'
01[12:08] {@Threei}  shows shortable here
[12:08] {munky} sh .80
[12:08] {nemo} whoa, can short it here, just not showing up on montage
[12:09] {RonS} cuda l .05 ave
[12:09] {munky} u owe me a banana nemo
[12:09] {nemo} hah, reloaded software, there it is
[12:11] {fish_49} munky,,your thinking perhaps it will not fill gap today?
[12:11] {Les} VAAAAAAAAAAAAAAAAAAAAAAD
[12:11] {munky} dunno
[12:11] {Les} fish used the 't' word
[12:12] {fish_49} I didn't say I was T'ing  lol
01[12:12] {@Threei}  tsk tsk tsk
[12:12] {Les} this room hiding a bunch of Bolsheviks
[12:12] {Les} where's ese when ya need someone to slap
01[12:12] {@Threei}  just wait till ese's back
[12:13] {RonS} out cuda .85 ave +.80 ese size
[12:13] {fish_49} whats that word kanucks  or something like that?  While on Vacation, I had a guy ask me if I was a Kanuck  or whatever Canadians call each other
[12:13] {munky} i may owe u a banana nemo
01[12:14] {@Threei}  canuck
[12:14] {nemo} JD Honey please
01[12:14] {@Threei}  nice FB
[12:14] {Les} FCX lower high
01[12:14] {@Threei}  wtg ron
[12:15] {RonS} ty
[12:16] {dino} gj
[12:17] {Les} DOW
[12:17] {thomcbell} what happened FB
[12:17] {thomcbell} someone shorted up there
[12:18] {munky} i did by accident off .80
[12:18] {Les} "there are no accidents"
[12:18] {nemo} Folks, if you are on DAS and something doesn't seem kosher, like today the "S" for shortable wasn't displaying for many stocks, and sometimes my gainer/loser grids don't completely populate, either reload  the .dsk file, a different one, or shutdown and restart the software completely
[12:19] {nemo} except when it came to your birth Les, exception that proves the rule
[12:19] {munky} cant make me lol
[12:19] {dino} seems fine here nemo
[12:19] {Joebi_Wan} brutal.
[12:19] {Les} lol
[12:19] {Les} think DAS dislikes u
[12:19] {nemo} just info in the event something doesn't seem kosher
[12:19] {Les} fine here
[12:19] {Les} or u been drinking again
[12:19] {nemo} never stopped
[12:20] {fish_49} Les?
06[12:20] * Les slaps fish_49 around a bit with a large trout
[12:20] {Les} oops thats no kosher
[12:20] {fish_49} your gonna let Nemo get away with that birth insult?
[12:21] {Les} god yeh
[12:21] {Les} sometimes he's actually funny
[12:21] {fish_49} Ohhh My  Les  you slap me  when nemo insults u?  I see how u are
[12:21] {Les} who said nemo insulted me?
[12:21] {fish_49} Changing my trade plan  to read  "Insult Les on Daily Basis"
[12:22] {Les} you must be mistaking me for ese
[12:22] {nemo} Stockholm syndrome Fish
[12:23] {fish_49} yea  you have him in your hands  now
[12:23] {dino} hmmm ung up 27% in two weeks
[12:23] {fish_49} go in for the kill
[12:23] {munky} die fb die
[12:24] {fish_49} it should pause or bounce a bit at .47
[12:24] {munky} lower like ,42
[12:26] {Les} FCX consolidating around this resistance. post fed should be intersting
[12:28] {dino} surprised fcx up w/chaos in world
[12:28] {nemo} look at daily, technical bounce
[12:29] {nemo} the low is the quarterly vwap
[12:29] {nemo} oops
[12:29] {nemo} I liked but still technical, it's trying to stay above the 200
[12:31] {Les} yeh let's see which way the market swings post Femme Fed flash
[12:31] {munky} fb should tank
[12:31] {munky} theres .44
[12:31] {nemo} sending me the JD?
[12:31] {fish_49} yep  my .47 was wrong
[12:32] {munky} dont monkey with the munky
06[12:32] * nemo takes out the 12 ga.
[12:33] {munky} thinkin .20's
[12:33] {fish_49} .24   lol
[12:35] {munky} printed .28\
[12:37] {thomcbell} dow not really pulling back during market pullback -
[12:37] {thomcbell} long estup dow 44.69 long break
[12:39] {thomcbell} if holds 44.60
[12:42] {thomcbell} emphatically invalidated Dow
01[12:43] {@Threei}  emphatically
01[12:43] {@Threei}  lol
[12:44] {dino} taking a break, back for fed at 2
[12:48] {thomcbell} fb vwap is what dino?
01[12:50] {@Threei}  54.73
[12:50] {munky} ok, covered sh here .25
[12:50] {munky} from accidental .80
01[12:51] {@Threei}  lol
01[12:51] {@Threei}  some accident
[12:51] {thomcbell} is that right?
[12:51] {thomcbell} that cant be right
01[12:51] {@Threei}  that's what my das shows
[12:51] {thomcbell} thats what mine does as well
01[12:51] {@Threei}  beyond that, ask nemo
01[12:52] {@Threei}  resident vwao guru
01[12:52] {@Threei}  vwap
[12:52] {munky} anyone figure out sound alerts for das? only want it for order fills
[12:53] {munky} fb a slauter
[12:54] {thomcbell} dow hehe
[12:59] {RonS} cuda making me feel like Yogi here...Yogi Barra
01[13:05] {@Threei}  somewhat contrived
01[13:06] {@Threei}  but it'll do, I was starting to worry you get rusty
[13:07] {RonS} ya, should have reversed it...and said feel like Barra here...Yogi
[13:08] {RonS} tear jerker:  http://tinyurl.com/l63aatt
[13:08] {fish_49} Could be Yogi the bear  Hey BooBoo  wheres the picknic basket
[13:09] {RonS} 55 and sunny here today, then back to cold and snow for at least 10 days...
[13:10] {fish_49} where Ron?
[13:10] {RonS} Denver
[13:10] {fish_49} ohhhh
01[13:12] {@Threei}  sheesh... I never liked Bud, now I hate it
[13:12] {RonS} lol...hilarious
[13:13] {fish_49} come on Vad  admit it.  That was a good Video
01[13:13] {@Threei}  what's next ad for gun full of roses opening in slo mo?
[13:13] {fish_49} I don't like Bud either but the video was cool  lol  My wife told me to say that
01[13:14] {@Threei}  ok, I got really lucky with my wife... she wanted to puke too
[13:14] {fish_49} lol  ur bad
01[13:15] {@Threei}  rose petal on the canon's barrel... there, great idea for an ad for, I dunno... women's hygiene products?
[13:16] {munky} ok, whats scoop on fed day, knee jerk reaction then a reversal reaction? sereiously
[13:16] {fish_49} If Will was here  we could say Depends
01[13:17] {@Threei}  two-three sharp jumps in opposite directions... then picking up direction and crawling
01[13:17] {@Threei}  lol fish
[13:17] {munky} thats what i'm asking
[13:17] {munky} ty
[13:17] {munky} hey fish
[13:17] {fish_49} yes sir?
01[13:17] {@Threei}  Will infuriatingly can't decide to stay in Maui for another month or return
06[13:17] * munky slaps fish_49 around a bit with a large trout
[13:18] {fish_49} Thanks Munky  I love you too.  Almost as much as I love Nemo
[13:18] {munky} nemo seems like trouble lol
[13:19] {fish_49} I have been emailing back and forth with DAS support  or maybe Nanko support  about  montage
[13:19] {fish_49} there are times when the price in the price field has to be entered manually
[13:19] {fish_49} they tell me its just the way it is
[13:19] {fish_49} lol
[13:19] {munky} dammit, fb
[13:19] {munky}  i knew it
[13:20] {Joebi_Wan} you accidentally covered too early
[13:20] {munky} roflollllll
[13:21] {munky} anyone take dino's picks regularly?
[13:22] {fish_49} I have not
01[13:22] {@Threei}  munky} nemo seems like trouble lol
01[13:22] {@Threei}  {Trouble} excuse me... leave me out of this, I want no association
[13:22] {Joebi_Wan} lol
[13:22] {munky} lol
[13:23] {nemo} mmmhhhh?
[13:23] {nemo} Hey fish, see that new bullet by that mfg. down in Georgia?
01[13:23] {@Threei}  {Trouble} oops... {baccking away slowly}
[13:23] {fish_49} no
[13:24] {nemo} buddy of mine was out at the SHOT show told me about it
[13:24] {fish_49} penetrate vest?
[13:24] {nemo} I haven't either but supposedly alot of buzz about being quite the manstopper..won't penetrate Level IIIs
[13:25] {fish_49} anything that strong would at least knock you back a step or two
[13:25] {nemo} gotta' lean into it a bit
[13:26] {nemo} http://goo.gl/ehKfo2
[13:26] {fish_49} this slap thing  I never did figure it out
[13:26] {fish_49} how do I use it
[13:27] {thomcbell} oh dow
01[13:27] {@Threei}  you have mirc or mibbit?
[13:27] {fish_49} Nemo is that real?
[13:27] {Joebi_Wan} that bullet insane
[13:27] {fish_49} mibbit
01[13:27] {@Threei}  ah... no slap then
[13:27] {nemo} I remember the stink over the Black Talon
[13:28] {Les} DOW VWAP resistance is here at 45
[13:28] {nemo} which is what the FBI uses as there standard carry ammo
[13:28] {fish_49} oh  so I have to simulate slap?
[13:28] {fish_49} Fish_49 slaps Three1 with some Bokeh
06[13:28] * nemo Slaps Fish with a picture of his in-laws
01[13:30] {@Threei}  (US) Senate Majority Leader Reid (D-NV): Senate to consider minimum wage legislation in March, would be best not to push forward with fast track authorization for the trade protection authority (TPA) at the moment
[13:31] {Les} sm DOW short .89
[13:31] {Les} holding the round number
[13:32] {thomcbell} big bounce
[13:32] {thomcbell} im looking for another long entry
[13:32] {Les} yeh might be doing same trick as before
01[13:33] {@Threei}  (US) Preview: FOMC rate decision and policy statement due 14:00ET- The Fed is expected to continue to taper QE at today's policy meeting, the last of Bernanke's tenure. Another $10B reduction is on tap, split evenly between Treasuries and MBS, taking the QE program down to $65B. By not setting a fixed schedule for tapering, the committee has indicated that it still has flexibility to vary the pull back of the QE program, but members have made it clear that it would take some significantly bad news to pause or reverse the process.
01[13:34] {@Threei}  - Note that the new voting membership rotates in for today's FOMC meeting. The new slate has a more hawkish tilt, including Dallas Fed President Fisher and Philadelphia Fed President Plosser. Rotating out of the voting membership are some of last year's biggest doves, including St. Louis Fed President Bullard, and Boston's Rosengren, who dissented against the start of tapering at the last meeting
[13:39] {munky} how do i customize the slap?
[13:40] {fish_49} Like this
[13:40] {munky} fish, is there a live chat for das?
[13:41] {fish_49} yea  let me find it  but good luck
[13:41] {munky} is it live? slow?
[13:42] {fish_49} http://dastrader.com/support.html
[13:42] {fish_49} look down and see Live Chat Support
[13:42] {fish_49} yes Live
[13:42] {Les} dow .85 supporting dam lot of selling not moving
[13:42] {Les} out
[13:43] {munky} ok, thank u, i dont see why nemo and vad talk so bad about u lol
[13:43] {Les} SPY ready to let go
[13:43] {nemo} badly
[13:43] {fish_49} you will in time  Munkey
[13:43] {dino} .
[13:43] {munky} lose the "e" he he
[13:43] {fish_49} munky*
01[13:44] {@Threei}  Munkehy - canadian munky
[13:44] {munky} vad,how i customixze the slap?
01[13:44] {@Threei}  just use /me command
01[13:44] {@Threei}  easiest way
06[13:45] * Les slaps Vad for giving up state secrets
01[13:45] {@Threei}  other than that, you need a file with new script, lod it in mirc...
01[13:45] {@Threei}  load
01[13:45] {@Threei}  hassle
[13:46] {fish_49} Fish_49 slaps Munky with a big Manual Focus Ring
06[13:46] * @Threei slaps Les around a bit with a folder titled "Highest level of security - Must be eaten before reading"
[13:46] {munky} how'd u do that? /me command?
[13:46] {Les} you be slapping me with bacon... ?
[13:47] {Les} like that
01[13:47] {@Threei}  yes
[13:47] {munky} wheres /me
[13:47] {fish_49} munky  did you get thru  to the support folks?
06[13:47] * Les withdraws banana from munky's cage for failing test
[13:47] {fish_49} is your question related to sound?
[13:47] {munky} yes
[13:48] {Les} it's the alternative character on the number 7 key
[13:48] {fish_49} in that link I gve you scroll down and you will see manuals
[13:48] {fish_49} you might find it there?
[13:48] {fish_49} a bunch of PDF files
[13:48] {munky} i did, set it up, no worky
[13:48] {fish_49} ok  turn on speakers
[13:49] {fish_49} lol
[13:49] {munky} also, my globaldefault is not transferring to other montages
[13:49] {fish_49} if that don't fix the issue  then check the air in the tires
[13:49] {fish_49} I'm practicing to be Online Support for DAS
[13:54] {munky} ok, i can see that chats gonna be a joke
[13:56] {fish_49} you mean the online support?
[13:56] {fish_49} actually give it a chance
[13:57] {fish_49} the support part is not bad but they are limited to functionality of the application  and I found that some of their support folks are clueless  and it is batter to send email with attached pictures
[13:58] {fish_49} better*
[14:00] {fish_49} long cat .03
01[14:00] {@Threei}  *(US) FOMC HOLDS FED FUNDS RATE TARGET AT 0.25%: REDUCES BOND PURCHASES BY ADDITIONAL $10B (FURTHER TAPER) TO $65B (AS EXPECTED)
01[14:00] {@Threei}  Vote: 10-0 (prior was 9-1 with Rosengren as a dovish dissenter. Rosengren is no longer a voter)
[14:01] {fish_49} out cat -.10  lol
01[14:01] {@Threei}  right on FOMC... don't
[14:01] {fish_49} the auto stop loss worked
01[14:01] {@Threei}  wait a few first spikes out
[14:02] {munky} exi created the global
[14:02] {munky} oops
[14:03] {munky} i go to tmp on xtra montages, set up, check use global, but it does not
[14:03] {munky} crap
[14:04] {Les} lucky I wasn't in anything
[14:05] {RonS} gold drop
01[14:06] {@Threei}  lycky?
01[14:06] {@Threei}  it should be a deliberate decision to be flat at FOMC time
01[14:06] {@Threei}  watching GLD to short on bounce
[14:06] {fish_49} unless your testing order entry  lol
[14:07] {Les} FCX db long .60?
01[14:07] {@Threei}  if holds .55
01[14:07] {@Threei}  wth such stop, why not
[14:09] {Les} small gld short .
[14:09] {dino} c smr l .26
[14:09] {Les} cover half
[14:10] {Les} 2nd half stop
01[14:10] {@Threei} Short Setup: GLD  .85 break
01[14:10] {@Threei}  hl
01[14:11] {@Threei}  Invalidated
[14:12] {dino} typically 15 minutes after announcement we get counter-mover
01[14:12] {@Threei} Short Setup: GLD  122 break
01[14:12] {@Threei}  If holds  .10
01[14:12] {@Threei}  risk is still high, half lot plays
01[14:13] {@Threei}  1:1
[14:15] {fish_49} Im out in full I grabbed it short at .07
[14:16] {Les} yeh a scalp here take it while its good
[14:16] {Les} ty sir
01[14:16] {@Threei}  yw
[14:17] {Les} bouncing around meaner than nemo's bunny on raisin sugar high
[14:17] {dino} db smr l .54
[14:18] {dino} strange, no counter bounce yet
[14:19] {Les} hmmm DB db?
[14:19] {fish_49} your expecting bounce up?
[14:20] {dino} down up down
[14:20] {dino} tomorrow a reverse of todays close
[14:20] {fish_49} the news was nothing more nothing less than what was expected.  I wonder what folks were expecting?
[14:20] {Joebi_Wan} the unexpected
[14:21] {thomcbell} based on how market traded in futures this am maybe if it wasnt a fed day it would have been a trend down day
[14:21] {dino} the force is w/you joebi
[14:21] {Joebi_Wan} :)
01[14:22] {@Threei}  a lot of analysts (those that post articles for a living) insisted that energing markets turmoil had to make fed back off
[14:22] {dino} kold crushed
[14:22] {Joebi_Wan} whoa
[14:22] {dino} how they back off when already cut back before the issues arose?
[14:23] {Les} yeh ain't Argentina in a bind...
[14:23] {dino} they/fed are reporting the past
01[14:23] {@Threei}  back off as in put taper on pause
[14:24] {dino} maybe they will in coming month, but they reported what they did last month
[14:24] {dino} last month all was well in world
01[14:24] {@Threei}  why last month?
01[14:25] {@Threei}  they cut further 10B
01[14:25] {@Threei}  to 65 a month
[14:25] {dino} they just said they cut 10b off
01[14:25] {@Threei}  yes, it's a second cut
[14:25] {fish_49} I guess I just don't get it.  We knew what was coming nothing shocking  so under normal circumstances we should rally
[14:25] {dino} missing my point, the past has happened, they can change mind going forward
[14:25] {dino} think of it this way...yesterday is dead
01[14:26] {@Threei}  ok... you are missing kine, those analysts posted prediction before today's announcement :)
01[14:26] {@Threei}  mine
[14:26] {dino} thats why they are called anal-ysts
01[14:26] {@Threei}  I am talking about expoectations before fomc
[14:26] {fish_49} lol
[14:26] {Joebi_Wan} lol
01[14:26] {@Threei}  and yes, they are clueless
01[14:26] {@Threei}  well, most of them
01[14:26] {@Threei}  like 99,5%
[14:27] {dino} bouncing +70
[14:27] {Les} DIA db looks great in the rear view mirror
[14:28] {dino} ung rocking
[14:29] {Joebi_Wan} you short kold dino?
[14:29] {dino} no, chicken on it, was thinking long, maybe in day or so
[14:30] {dino} altho it is pretty cold here
[14:31] {dino} out c .41, +.16
[14:34] {dino} cut too soon
01[14:36] {@Threei}  maybe not... wacthing for possible pullback entry
[14:36] {fish_49} on C?
01[14:36] {@Threei}  yes
[14:37] {Les} IN!!!!!
[14:37] {fish_49} huh?
[14:37] {dino} well we had about a 90 pt bounce
[14:38] {dino} out db .58, +.04, stuck
[14:38] {dino} maybe here comes the next down wave
[14:38] {dino} we had the down -220 the up -120, now....
[14:39] {Les} cha cha cha
[14:39] {dino} lol
[14:39] {fish_49} lol
[14:39] {Les} c
[14:41] {fish_49} how deep of a pull back would be appropriate on C  if pulled back to .20  on low VOL  is that what you would look for Vad?
01[14:43] {@Threei}  I'd get interested under .30
[14:43] {munky} r we in anything? was with tech
[14:44] {fish_49} ty
01[14:44] {@Threei}  no, flat
01[14:44] {@Threei}  got any answers about sound?
[14:45] {munky} not avail, but i got my 4 montage windows in sync, another issue i was having
[14:51] {dino} strange, usually more playable moves after announcement
01[14:52] {@Threei}  yeah, quite subdued
[14:52] {nemo} tells you how baked in the announcement was methinks
[14:53] {fish_49} baked in is correct  However, a lot of money on the sidelines and I would have expected that money to come back into the markets since we have confirmation nothing drastic will change
[14:53] {nemo} we're at vwap of spy finnies and vix
[14:53] {nemo} market probably waiting for reaction around the world before it comes in...watch advfn.com/world  overnight
01[14:54] {@Threei}  well, if that's the case and this 10B cut is built-in, we are about to resume rally
[14:54] {fish_49} I know I'm not supposed to think  but that's what me thinks  Vad
[14:54] {fish_49} we should be in rally mode
[14:54] {fish_49} uinless something else is broken that I don't know about
[14:54] {Les} why?
[14:54] {nemo} you should go unicorn shopping
[14:55] {dino} its all broken fish...but so what
01[14:55] {@Threei}  really
[14:55] {fish_49} It's all part of the learning process on my journey to be like Nemo
01[14:55] {@Threei}  lol
[14:55] {dino} lol
[14:55] {Les} db's around these levels on the daily lets see if it holds into close/tomorrow
[14:56] {nemo} insane?
[14:56] {nemo} psychopathic?
[14:56] {Les} hehehe
[14:56] {fish_49} Gay
[14:56] {nemo} not a term usually used in reference to me
[14:56] {Les} yeh watch him laugh as he breaks yer neck
[14:56] {nemo} beastial, perhaps
01[14:56] {@Threei}  rabbit's ears perk up
[14:57] {fish_49} lol  sorry nemo that was rude
[14:57] {fish_49} lol
01[14:57] {@Threei}  fish...
[14:57] {fish_49} yes sir?
01[14:57] {@Threei}  you were rude to nemo - and you apologize??
01[14:57] {@Threei}  you made his day!
[14:57] {fish_49} yea because I noticed it actually hurt his feelings
01[14:57] {@Threei}  you want to hurt him be extremely polite
[14:58] {nemo} I would have to first have feelings
01[14:58] {@Threei}  offer him sympathy
[14:58] {fish_49} that's why I tell him I love him  lol
01[14:58] {@Threei}  wish him good morning or whatever rtime of the day
01[14:58] {@Threei}  that makes him cringe
01[14:58] {@Threei}  wilt
[14:58] {fish_49} Muahh  Nemo  Hows your day sir?
[14:58] {fish_49} lol
[14:58] {fish_49} lol
[14:59] {nemo} bow to Zod
[14:59] {fish_49} Honestly is my way of thinking wrong?  we should be in Rally Mode,...  Nothing changed to bring the markets down the way they have fell in past weeks
01[15:00] {@Threei} Long Setup:  C  .20 break
[15:00] {nemo} market has been falling, right?
[15:00] {fish_49} C in pull back mode
[15:00] {fish_49} ur fast Vad
[15:00] {fish_49} good Eye
01[15:00] {@Threei}  all three of them
01[15:01] {@Threei}  If holds  .15
[15:03] {nemo} ahhh, today is T3
01[15:05] {@Threei}  meh
[15:05] {Les} lock em in day heh
[15:08] {dino} well heres the drop
[15:09] {Les} is it safe to get onto the dance floor...
[15:09] {dino} fish, it could be emerging markets issues, lots of currency problems lately
[15:09] {fish_49} yes Dino  I'm reading about that now
[15:10] {dino} turkey just went tp 13% rates, argentina socializing/blowwing up, venezuela too
[15:10] {nemo} [14:54] {nemo} market probably waiting for reaction around the world before it comes in...watch advfn.com/world  overnight
[15:11] {Les} {nemo} [14:54] {nemo} market probably waiting for reaction around the world before it comes in...watch advfn.com/world  overnight
[15:11] {dino} then again, it could be nothing, markets just f'ing w/us
[15:11] {Les} 'cause Nemo likes the sound of his own advice
[15:12] {dino} what i'm thinking, is calling it a day. why mess it up
[15:12] {Les} I like that
[15:12] {Les} the drugs don't work, so I need to sleep anyway
[15:12] {Les} a+
[15:13] {nemo} big earnings day tomorrow also
[15:14] {nemo} jobless claims
[15:14] {nemo} December home sales
[15:14] {dino} going for lod
[15:16] {dino} dji -5% from jan highs
[15:17] {dino} -4% s/p
[15:31] {dino} thx all, dino afk, gn
[15:31] {fish_49} gn dino
[15:32] {nemo} gotta' go P&Q
[15:32] {dino} :)
[15:32] {nemo} fish...why don't you go swim through a dam
[15:32] {fish_49} whats P&Q
[15:32] {nemo} Peace & Quiet
[15:32] {nemo} the older I get the more of it I want
[15:32] {fish_49} Bite my Tail Nemo Toad
[15:40] {fish_49} C giving us a low risk scalp set up long  Break .98 with stop .87
[15:42] {munky} missed good bounce fb off lows
[15:43] {fish_49} Out C  + 0.09
[15:45] {munky} nice one
01[15:45] {@Threei}  :)
01[15:45] {@Threei}  double bottom
01[15:45] {@Threei}  good one
[15:46] {fish_49} ty
[15:46] {munky} vad, ur not supposed to miss a bounce in fb like this
01[15:47] {@Threei}  right, start pressuring me into calling the trades
[15:47] {fish_49} hey see you guys tomorrow  thanks for the great trades
01[15:47] {@Threei}  take care fish
01[15:51] {@Threei}  thank you all, have a good evening
01[15:51] {@Threei}  see you tomorrow
[15:51] {Joebi_Wan} thanks vad
[15:52] {Joebi_Wan} see you
[15:52] {munky} ty

Tuesday, January 28, 2014

Jan 28 2014

Volatile day with a very strong opening, annoyingly random afternoon and strong close. Opened several 1:3ers and scalps, took a few stops in the afternoon and ended with another 1:3er - positive, and looking forward to tomorrow's FOMC day action. Most likely active morning, then lackluster market into FOMC and usual up/down after rate announcement. 



Session Time: Tue Jan 28 00:00:00 2014

06[09:10] * Les offers Nemo a lovely Chianti with a great mushroom risotto to accompany his rabbit
[09:10] {nemo} funny, I was thinking of making use of you for some sweetbread stew
[09:10] {Les} well at least I know Mirc is working today
[09:10] {nemo} then again, you probably don't have any to use
[09:11] {Les} with present company, who needs em?
[09:11] {Les} :P
01[09:11] {Threei}  morning
[09:11] {Les} no its not
[09:11] {nemo} you would need them in the company of amoeba
[09:11] {Les} aaaahahhaha
[09:11] {Les} not bad not bad
[09:15] {Les} found myself scalping my way up as the buying got more and more urgent yesterday arvo
[09:16] {Les} pity didn't have energy to sit out the short side into close
[09:26] {RonS} gm
01[09:27] {Threei}  ron :)
01[09:31] {Threei} Long Setup:  C  .50 break
01[09:31] {Threei}  If holds  .40
01[09:34] {Threei}  no go
[09:35] {dino} rcii sm l .40
[09:37] {dino} rcii stopp -.30
01[09:39] {Threei} Long Setup:  FB  .70 break hl
[09:39] {dino} reload .04
01[09:39] {Threei}  If holds  .60
01[09:41] {Threei}  1:1
01[09:41] {Threei}  1:2
01[09:42] {Threei}  1:3
01[09:42] {Threei}  out
01[09:45] {Threei}  C rinsed
01[09:47] {Threei} Long Setup:  CAT  .85 break
01[09:47] {Threei}  If holds  .75
01[09:49] {Threei}  trail to .79
[09:49] {dino} cit sm s .99
01[09:50] {Threei}  1:1
[09:53] {Les} sm. DIA long here
01[09:53] {Threei}  1:2
[09:53] {Les} ty for CAT
01[09:53] {Threei} Short Setup: FB  55 break
01[09:53] {Threei}  If holds  .10
01[09:53] {Threei}  yw
01[09:53] {Threei}  Invalidated
[09:54] {Les} half DIA +.18
01[09:54] {Threei}  1:3
01[09:54] {Threei}  out
[09:54] {_Joebi_Wan} Thanks Vad
01[09:55] {Threei}  :)
[09:56] {Les} out DIA
[09:57] {Les} sm FB short
[09:57] {Les} half cover
[09:57] {Les} out
01[09:59] {Threei}  *(US) JAN RICHMOND FED MANUFACTURING INDEX: 12 V 13E
01[09:59] {Threei}  *(US) JAN CONSUMER CONFIDENCE: 80.7 V 78.0E
[10:02] {dino} cit stop/cov .14-.15
[10:03] {dino} rinsed
[10:05] {munky} .
01[10:05] {Threei}  munky...
01[10:05] {Threei}  missed 2 1:3ers
[10:05] {munky} i knew it...internet down until now
01[10:06] {Threei}  ugh
[10:06] {munky} i knew it tho
[10:06] {munky} figuired 1:5 ers
[10:06] {_Joebi_Wan} C was
[10:06] {_Joebi_Wan} but rinsed us
01[10:07] {Threei}  well yes, but we exited too soon :)
[10:07] {munky} so u done for day? lol
01[10:07] {Threei}  can I?
01[10:08] {Threei}  or, switching to English, may I?
[10:08] {munky} only if u want me to quit the room he he
01[10:08] {Threei} Long Setup:  FB  .15 break
01[10:08] {Threei}  If holds  .05
01[10:09] {Threei}  1:1
[10:10] {Les} IWM potential DT
[10:10] {Les} short DIA
[10:10] {Les} .97 holding .03
[10:11] {Les} half .90
[10:12] {Les} 2nd half flat
[10:13] {Les} SOMG
[10:13] {Les} DT folloing yesterdays high
01[10:19] {Threei} Short Setup: C  .65 break
01[10:20] {Threei}  If holds  .75
[10:24] {Les} long TZA
[10:24] {Les} .07 holding .00
[10:25] {Les} screwed up theshort side yesterday see if can do better here
[10:26] {Les} stop to .05
[10:26] {Les} half out .14
[10:28] {Les} quarter at .17 this is vwap resistnace
[10:29] {Les} all out
[10:29] {Les} me stopping here. got RDV with my boy's teacher. good morning's trading. A+
01[10:30] {Threei}  no go
01[10:31] {Threei}  leaving C be for today, no cooperation
[10:35] {dino} irix partial l .25
[10:38] {dino} cit sm s .15
01[10:42] {Threei} Long Setup:  CAT  .05 break
01[10:42] {Threei}  If holds  .95
[10:47] {dino} cov cit .90, +.25
01[10:48] {Threei}  trail to .99
01[10:49] {Threei}  who unplugged SPY?
01[10:50] {Threei}  meh CAT
[10:57] {dino} out rcii .75, +.70
01[10:58] {Threei}  wtg
01[10:58] {Threei} Long Setup:  FB  .75 break
01[10:59] {Threei}  If holds  .65
01[11:01] {Threei}  1:1
01[11:06] {Threei}  we seem to go back to scalping mode
01[11:07] {Threei}  not very surprising, considering FOMC tomorrow
[11:08] {dino} pcom smr s .20 thinnny/gapper
[11:11] {dino} rcii drop
[11:18] {dino} rcii sm l .15
[11:20] {RonS} srcl hit over Herb Greenberg piece saying DOJ investigation coming...
[11:23] {RonS} Deseret Times article saying no. SLC facility has toxic emissions...
01[11:24] {Threei} Short Setup: IWM  .40 break
01[11:24] {Threei}  If holds  .50
[11:26] {munky} not avail i guess
[11:26] {_Joebi_Wan} not shortable here...
[11:26] {nemo} nope...gotta' use tza
01[11:26] {Threei}  yeah
01[11:26] {Threei}  TZA is too narrow
01[11:27] {Threei} Short Setup: FB  .40 break
01[11:27] {Threei}  If holds  .50
[11:32] {munky} fb looks like double bottom
[11:36] {munky} nice u win
01[11:37] {Threei}  1:1
01[11:37] {Threei}  1:2
[11:37] {_Joebi_Wan} nice call
[11:37] {goinshort} nice V!
01[11:37] {Threei}  :)
[11:38] {_Joebi_Wan} RON, I'm in SLC, the air is terrible right now
[11:40] {RonS} temp inversion no uncommon slc this time of the year...
01[11:40] {Threei}  will try for 1:4 on FB
01[11:40] {Threei}  1:3
01[11:42] {Threei}  out last piece on a trail
[11:46] {munky} u see a bounce in fb coming?
01[11:50] {Threei}  tough call
[11:51] {munky} prolly needs mkt help, bounce
01[11:52] {Threei}  watching IWQM for double bottom, pullback entry around .10
[11:53] {munky} IWM?
[11:53] {dino} pcom cov .87, +.33
01[11:53] {Threei}  IWM
01[11:56] {Threei}  got away
[11:56] {munky} how about cat?
01[11:57] {Threei}  not sure about it
01[11:57] {Threei}  kind of lost will to move
01[12:00] {Threei}  if anything, CAT looks like short to me now
[12:00] {RonS} hlf nus pressure
01[12:01] {Threei}  HLF Ticks lower following NY Post article indicating that Canada Govt regulators have launched formal investigation into whether company is operating a pyramid scheme
01[12:02] {Threei} Short Setup: CAT  .75 break
01[12:02] {Threei}  If holds  .85
[12:02] {RonS} doesn't sound "nice"...wtf?
01[12:02] {Threei}  we will say "sorry" after each conclusion point, ron
[12:02] {RonS} lol
01[12:02] {Threei}  and before
[12:03] {RonS} rotflol
01[12:03] {Threei}  and insert one mid-sentence for a good measure'
[12:03] {dino} nus drop
01[12:04] {Threei}  "Sorry, our investigation shows that your sorry company is a scam of the earth, sorry"
01[12:04] {Threei}  how's that for nice?
01[12:04] {Threei}  Invalidated  CAT
01[12:12] {Threei}  valid again
[12:15] {_Joebi_Wan} down kitty
01[12:16] {Threei}  nah
[12:21] {munky} frustrating for me today, miss open tech probs, mkt blows after
[12:40] {thomcbell} fb 54.49 break vad
01[12:41] {Threei}  I'd prefer .50 :)
01[12:44] {Threei}  crap
01[12:44] {Threei}  had alert ready for .35 long IWM, and missed it
[12:44] {thomcbell} 1:1
01[12:44] {Threei}  yup, FB works
01[12:53] {Threei}  need one more leg down for a better setup
01[12:55] {Threei}  what the deuce, missed again
01[12:55] {Threei}  .30 was it
01[12:55] {Threei}  tough read
[12:58] {dino} out irix flat
01[13:07] {Threei} Short Setup: FB  .55 break
01[13:07] {Threei}  If holds  .65
01[13:11] {Threei}  Invalidated
[13:18] {dino} kold drop
[13:18] {dino} l .98
[13:25] {dino} out kold .68, +.70
[13:26] {_Joebi_Wan} nice knock out...
[13:26] {dino} ty, lucky
[13:47] {nemo} joebi going for Ron's title
[13:50] {dino} kold lod
[13:53] {dino} lissed it
[13:53] {dino} missed
01[14:19] {Threei} Long Setup:  FB  .90 break
01[14:19] {Threei}  If holds  .80
01[14:25] {Threei}  if dives under .80, let's look for DKTK setup
[14:28] {munky} ?
01[14:29] {Threei} Long Setup:  FB  .80 break
01[14:29] {Threei}  If holds  .75
01[14:29] {Threei}  ?
[14:30] {munky} dktk?
01[14:31] {Threei}  didn't we discuss it a few days ago
01[14:31] {Threei}  "don't kid the kidder"
[14:31] {nemo} yep
[14:31] {munky} ah
01[14:35] {Threei}  FB, are you blind or what
01[14:35] {Threei}  look at SPY
[14:42] {thomcbell} u have to wait for people to short it
[14:42] {thomcbell} for the long to work
01[14:42] {Threei}  meh
[14:47] {dino} hem
[14:49] {RonS} starting a thread with hem?
[14:51] {dino} :)
[14:51] {dino} kold new lod
[14:55] {thomcbell} nice 0.25 cent rally out of nowhere FB
[14:55] {thomcbell} lol
01[14:55] {Threei}  SoMG
[14:57] {munky} somg?
01[14:57] {Threei}  son of a motherless goat
[14:57] {nemo} start calling him "Les"
01[15:05] {Threei}  no news for SPY dump
01[15:07] {Threei} Long Setup:  FB  .70 break
01[15:08] {Threei}  If holds  .64
01[15:09] {Threei}  Invalidated
01[15:12] {Threei} Short Setup: CAT  .40 break
01[15:13] {Threei}  If holds  .46
01[15:19] {Threei}  FB is total SoMG today
[15:20] {RonS} live shot dead
[15:20] {thomcbell} clf what a short
[15:20] {thomcbell} investment short from pre-open
01[15:21] {Threei}  Ron fights back
01[15:23] {Threei}  second half of the day is not mine today
[15:26] {thomcbell} talk tomorrow guys
01[15:26] {Threei}  take care tbell
[15:30] {munky} u still in cat sh?
[15:31] {munky} well not now
01[15:32] {Threei}  no
[15:36] {RonS} ...the Fed has too many freakin meetings...
01[15:36] {Threei}  no kidding
01[15:37] {Threei}  setting rate every month
01[15:37] {Threei}  once a quarter would be just fine
01[15:37] {Threei}  with emergency meeting thrown in when really needed
[15:37] {RonS} ...may beg the q...did they set schedule accrding to the Politburo?
[15:38] {RonS} ...and then the minutes separate ferchrissake
01[15:38] {Threei}  I don't believe the economy of this size moves as quickly to justify such frequent rate reset
01[15:39] {Threei}  last try
01[15:39] {Threei} Long Setup:  FB  .90 break
[15:39] {RonS} i vote dino for fed chair
[15:39] {RonS} besides...gotta be better looking...
[15:40] {dino} just another reason to tell themselves that they are important (and get a free meal/hotel room)
01[15:40] {Threei}  well, goinshort is out of question simply because the name would give birth to too many conspiracy theories
01[15:40] {Threei}  but munky might be very intriguing name for that
[15:40] {dino} lol, dino for fed, sweet
[15:40] {goinshort} lol
01[15:41] {Threei}  nemo is out of running for similar reason
01[15:41] {Threei}  although not many know it's more than a lost fish
01[15:42] {Threei}  raven won't do either... "nevermore" is no good for rate cut
[15:42] {dino} joebi wan could use the force
01[15:43] {Threei}  who will be luke?
01[15:43] {Threei}  come on FB
01[15:43] {Threei}  or maybe better question... who will be Leia
01[15:44] {Threei}  janet yellen as leia...
01[15:44] {Threei}  ugh
[15:44] {_Joebi_Wan} please no
01[15:44] {Threei}  didn't think so :)
[15:44] {_Joebi_Wan} FB .80 stop?
01[15:45] {Threei}  .84
01[15:45] {Threei}  no point in risking too much this close to eod
01[15:46] {Threei}  half out
01[15:46] {Threei}  1:1
01[15:47] {Threei}  glad to finish the day with a win, afternoon was too random
01[15:48] {Threei}  move move FB
01[15:48] {Threei}  time's an issue
[15:48] {_Joebi_Wan} Im out, thanks Vad!
01[15:48] {Threei}  :)
[15:49] {_Joebi_Wan} see ya all
01[15:49] {Threei}  take care joebi
01[15:49] {Threei}  1/4 more out
01[15:50] {Threei}  1:2
01[15:51] {Threei}  FB works hard to rectify its somg status
01[15:53] {Threei}  wow SPY
01[15:56] {Threei}  extremely jerky
[15:57] {nemo} pre-Fed action
01[15:57] {Threei}  looks like after-fed, lol
01[15:57] {Threei}  soike down, spike up
01[15:57] {Threei}  ok guys, thank you all
01[15:57] {Threei}  have a great evening, see you tomorrow
01[15:59] {Threei}  out .16
[15:59] {dino} gn all