Wednesday, April 30, 2014

Apr 30 2014

Not very active day, especially for a FOMC day - quite muted reaction on announcement. We did well however, finding a few nicely profitable trade and staying firmly in black. 1:3 on FB, good DAL trades and a few others. 


Session Time: Wed Apr 30 00:00:00 2014

[08:35] {dino} gm
[08:48] {thomcbell} gm dino
01[08:48] {@Threei}  dino, thom :)
[08:53] {dptl} good morning
01[08:53] {@Threei}  dp :)
[09:03] {Phil} good morning
01[09:03] {@Threei}  phil :)
[09:05] {Phil} found this quite amusing regarding the Ukraine situation
[09:05] {Phil} http://www.independent.co.uk/incoming/article9210040.ece/alternates/w1024/daily-cartoon-20140322.jpg
01[09:07] {@Threei}  looks about right
[09:07] {nemo} good times always slip away and _troub(le) always stays ;-)
[09:13] {RonS} howdy dudies
[09:14] {nemo} bathroom humor?
01[09:14] {@Threei}  ron :)
[09:15] {Alexs} gm
01[09:15] {@Threei}  alex :)
[09:23] {_troub} good morning all
[09:24] {ese} morning
01[09:24] {@Threei}  troub, ese :)
[09:24] {ese} maybe i get a chance to make a trade today......wow wouldn't that be nice
[09:24] {ese} no looming business that I can see
[09:25] {RonS} in canada isn't it looning business?
01[09:26] {@Threei}  lol
[09:28] {ese} indeed it is ron indeed it is
01[09:32] {@Threei} Long Setup:  TZA  .80 break
01[09:32] {@Threei}  If holds  .70 
01[09:35] {@Threei}  1:1  
[09:35] {ese} nice one vad
01[09:36] {@Threei}  moderately nice for now... want one more leg to qualify it as fully nice
[09:36] {dptl} out .90 ty
01[09:36] {@Threei}  yw
01[09:36] {@Threei}  nah, just a scalp
01[09:39] {@Threei} Long Setup:  EBAY  .10 break hl
01[09:41] {@Threei}  1:1  
01[09:41] {@Threei}  nervous trade
01[09:42] {@Threei}  1:2  
[09:42] {nemo} yeah, spread variable
01[09:42] {@Threei}  that's why hl
01[09:42] {@Threei}  1:3  
01[09:42] {@Threei}  out
[09:42] {nemo} numbers in 2
01[09:43] {@Threei}  so, out just in time
[09:43] {Phil} nice trade, thanks
01[09:43] {@Threei}  thanks, forgot about those
01[09:43] {@Threei}  will sit out numbers
01[09:43] {@Threei}  yw phil
01[09:44] {@Threei}  (US) Preview: Apr Chicago Purchasing Manager expected at 09:45 ET (13:45 GMT)- Consensus expectations: 57.0e v 55.9 prior (**Note: March reading was lowest since Sept 2013)
01[09:44] {@Threei}  *(US) APR CHICAGO PURCHASING MANAGER: 63.0 V 57.0E
[09:46] {dino} trla hl l .89
01[09:46] {@Threei}  interstingly. WMT more and more trades opposite to SPY
01[09:48] {@Threei} Long Setup:  DAL  .10 break hl
01[09:48] {@Threei}  If holds  37 
[09:50] {nemo} that was difficult
01[09:51] {@Threei}  stop to .04
01[09:51] {@Threei}  not liking this SPY sharp drop
[09:51] {nemo} frickin' fed day
01[09:52] {@Threei}  out
[09:52] {dptl} out dal
01[09:52] {@Threei}  2 cents from 1:1
[09:54] {dino} cnqr smr l .69
01[09:55] {@Threei} Short Setup: WMT  .70 break
01[09:56] {@Threei}  If holds  .75 
[09:57] {dino} out trla .19, +.30
01[09:59] {@Threei}  nice
[10:00] {dino} out cnqr .49, +.80
01[10:01] {@Threei}  almost triple as nice
[10:01] {dino} ty and ty
01[10:01] {@Threei}  couldn't you get .90 to save me typing this "almost"
01[10:01] {@Threei}  ?
[10:01] {dino} could've but sell was in and i was to slow on the change
01[10:02] {@Threei}  how unthoughtful of you...
01[10:02] {@Threei}  wow DAL
01[10:02] {@Threei}  there was no short setup that I could see... too bad
[10:05] {nemo} yhoo maybe bounce time, should be getting the Ali Baba flying carpet treatment soon
[10:06] {Les} huh?
[10:07] {dino} cnqr smr l .55
01[10:08] {@Threei}  fall, I thought?
01[10:08] {@Threei}  or I confuse something?
[10:09] {Les} thanks bunny boy
[10:09] {Les} scalped
[10:10] {dino} cnqr stop is lod
01[10:14] {@Threei}  meh
[10:15] {dino} out cnqr .05, +.50
01[10:18] {@Threei}  somg
[10:19] {thomcbell} aal 35.40 long break 
[10:20] {thomcbell} if holding 35.30
[10:21] {thomcbell} nope
[10:22] {RonS} took cnqr 74.85 ave out 79.95 +1.10  thanks dino, nice find
[10:22] {RonS} 75.95 bad typo
[10:23] {dino} cnqr .15 wall
[10:24] {dino} trig imo
[10:25] {Phil} TZA inv. C&H forming?
[10:25] {dino} giddy-up
01[10:25] {@Threei}  TZA is not shortable
01[10:25] {@Threei}  you'd have to buy TNA on that idea
[10:26] {Phil} oops
[10:26] {dptl} i was actualy short tza two days ago
01[10:26] {@Threei}  which has right chart but much more volatile
01[10:26] {@Threei}  really? something changed then
01[10:26] {@Threei}  hah, you are right
01[10:26] {@Threei}  shows available
01[10:27] {@Threei}  that's new
[10:27] {dptl} yep not intended but it filled my offer...i forgot to cancel
[10:29] {dino} cnqr stop .01 -.14
[10:31] {thomcbell} aal still watching 
[10:33] {dino} cnqr smr l .00 pulp
[10:34] {dino} out cnqr .55, +.55
[10:35] {dino} damn too soon
01[10:51] {@Threei} Long Setup:  FB  .40 break
01[10:51] {@Threei}  If holds  .30 
01[10:52] {@Threei}  1:1  
01[10:54] {@Threei}  Dark Matter Could Send Asteroids Crashing Into Earth, otentially causing mass extinctions like the cataclysm that ended the Age of Dinosaurs, Harvard Scientists Say
01[10:54] {@Threei}  finally
[10:54] {Les} count me in
[10:55] {Alexs} nice to be paid for that kind of predictions
01[10:56] {@Threei}  yes, precision is really high - such event may occur within nearest 30-40 million years they said
[11:00] {Les} why dark matter? why not just klingons or some other baddy?
01[11:01] {@Threei}  I think they started with Kryptonite... at the end decided dark matter had the best ring to it
[11:02] {dino} hmmm, 30-40 m years, what to do in the meantime.
01[11:05] {@Threei}  not a problem for our neck of the woods
01[11:05] {@Threei}  we are waiting for a big earthquake, any moment nearest 500 years
[11:07] {Alexs} how it was last time in BC Vad?
01[11:07] {@Threei}  well, I was really yong back then...
01[11:07] {@Threei}  young too
[11:07] {Alexs} lol
01[11:08] {@Threei}  January 26, 1700
01[11:11] {@Threei}  look at this precision:
01[11:12] {@Threei}  In the case of the Juan de Fuca plate, seismologists know that a large earthquake occurs roughly between 200 to 850 years apart. And by ‘big one,’ seismologists mean a magnitude-9. The last one was in 1700, which means that, statistically, B.C. could expect one.
01[11:12] {@Threei}  “We’re right in that window, where certainly we should be prepared for one of those earthquakes.”
[11:14] {dino} sm? beats?
01[11:16] {@Threei}  one thing is certain: there is a mad rush among local university folks studying earthquakes - every time their grant expires, and they need another one. All kinds of scary articles appear, reporters are invited to their labs to film them running from room to room with very very concerned look
01[11:16] {@Threei}  yes dino, yesterday after bell
[11:16] {RonS} sm was right at resistance and w/ oil sub $100 why not sell it off...
[11:16] {dino} ok, can't find much on it, just the beat
[11:19] {thomcbell} azpn trading below vwap and 43 could be a break level
[11:20] {thomcbell} all things considered however it trades pretty well
01[11:23] {@Threei} Long Setup:  FB  .15 break
01[11:23] {@Threei}  grrr
01[11:23] {@Threei}  lol
01[11:23] {@Threei}  exploded while I typed
01[11:23] {@Threei}  ok, in on pullback
01[11:24] {@Threei}  stop under .05
01[11:25] {@Threei}  to .09
01[11:26] {@Threei}  1:1  
01[11:27] {@Threei}  1:2  
01[11:30] {@Threei}  1:3  
01[11:30] {@Threei}  out
[11:30] {Phil} ty
01[11:30] {@Threei}  yw
[11:31] {_troub} thanks.   walked in door, grabbed and heading back out.
01[11:31] {@Threei}  lol
[11:31] {_troub} is that hit and run?
01[11:31] {@Threei}  drive by trading
01[11:33] {@Threei}  Prosecutor says Yanukovych cost Ukraine up to $100 billion
01[11:33] {@Threei}  hmmm... I think Obama has him beat
[11:35] {RonS} wrld of hurt
01[11:36] {@Threei}  not bad
[11:37] {Alexs} honestly I think it's a bull... about Yanukovich if he stole that amount of money Ukrain just disappeared
01[11:37] {@Threei}  sorry alex, not sure what you are saying
01[11:38] {@Threei}  try again pls :)
[11:38] {Alexs} it's more money than Ukrain had in total
01[11:38] {@Threei}  no, not really
01[11:39] {@Threei}  this is not some kind of total laying in the bank
01[11:39] {@Threei}  it's ongoing contracts - mostly gas
01[11:39] {@Threei}  supplies from Russdia to Europe via Ukraine
01[11:39] {@Threei}  schemes of making money from that were designed by Timoshenko in the beginning of 1990'
01[11:40] {@Threei}  to be exact, by people behind her
01[11:40] {@Threei}  and in insignificant variations, worked ever since
01[11:41] {@Threei}  add military supplies from several major factories, coal from Donbass
01[11:41] {@Threei}  and you have quite substantial money flow
[11:41] {Alexs} yes I understand it but to skim $100bln you need much more time than 4 years
01[11:42] {@Threei}  well, if he stole 50B and they now want to mask their own stealing under his total... :)
[11:42] {Alexs} rofl
01[11:43] {@Threei}  the thing is, Ukraine x-USSR history is not an honest ruler-thief-honest-thief
01[11:43] {@Threei}  they all were theives, no exception
01[11:43] {@Threei}  this money pump never stopped, they just fought for the spot at the spigot
01[11:44] {@Threei}  Yanukovich was somewhat different from the rest
01[11:45] {@Threei}  they all were Dnepropetrovsk mafia, he is Donetsk
[11:45] {Alexs} he knew he had a short time
01[11:45] {@Threei}  so when he came to power, aside of garden variety stealing he also started huge process of redistribution of what was already stolen
01[11:46] {@Threei}  pressing Dnepr guys out
01[11:46] {@Threei}  and transfering their businesses to his guys
01[11:46] {@Threei}  so, if they calculate their losses nowm, they might include those redistributed sums s well, lol
01[11:47] {@Threei}  kind of: we stole 50B, he stole 50B, and he took our 50B from us - total he stole is 100B
01[11:47] {@Threei}  see the logic? :)
[11:47] {Alexs} lol
01[11:48] {@Threei}  now to add irony to all that, imagine Putin coming in and saying "wtf are you all doing here stealing without me??"
01[11:48] {@Threei}  and you have what we have today
[11:49] {Alexs} ok now they have last $16 bln
01[11:49] {@Threei}  if that...
01[11:49] {@Threei}  but IMF promised more
01[11:49] {@Threei}  so it's something to look forward to steal, so they are encouraged again
[11:50] {Alexs} otherwise nobody wanted to be a president
[11:51] {cosmo} so how do the Tartars come out on this?
01[11:51] {@Threei}  tatars?
[11:52] {cosmo} small contingent
01[11:52] {@Threei}  they are f**ked
[11:52] {cosmo} Crimea
[11:52] {cosmo} oh
01[11:53] {@Threei}  they returned to Crimea over last 20 years, started rebuilding,
01[11:53] {@Threei}  opened some businesses.
01[11:54] {@Threei}  Now Russia overtook it all, making them again fringe, undesirable and owning what others want
[11:54] {cosmo} Cossacks too?
01[11:55] {@Threei}  that's too general term
[11:55] {cosmo} i c
01[11:55] {@Threei}  there are a lot of sub-divisions among Cossacks, geographic, historic and cultural
01[11:56] {@Threei}  Don, Kuban, Crimea, they are all cossacks but very different groips
01[12:07] {@Threei} Long Setup:  FB  .70 break hl
01[12:07] {@Threei}  If holds  .60 
01[12:08] {@Threei}  valid
01[12:16] {@Threei}  Invalidated  
01[12:22] {@Threei}  (US) US Treasury Dept: It is a priority to stop the reincorporation of US companies overseas for tax reasons
01[12:22] {@Threei}  yeah, shoot them all
01[12:22] {@Threei}  or, perish the thought... lower taxes?
[12:52] {thomcbell} BX 29.50 long break if holding 29.40 
[12:52] {thomcbell} time of day suspect
[12:53] {nemo} yeah, dead til Fed
[12:53] {thomcbell} will do it small
[12:57] {nemo} fb starting news conference look at it
01[13:15] {@Threei}  BX's nice, thom
[13:26] {thomcbell} pretty decent retrorockets there 
01[13:37] {@Threei}  XOM *INCREASES DIVIDEND TO $0.69 FROM $0.63
[13:38] {thomcbell} bud looks vulnerable here vad 
[13:38] {thomcbell} 106 break
01[13:39] {@Threei}  love the chart
01[13:39] {@Threei}  hate the time, nearing FOMC
[13:39] {thomcbell} dont know how much more it can do today 
[13:39] {nemo} clearinng the decks for the fed
[13:39] {thomcbell} not exactly a splk
[13:40] {thomcbell} ATR is 1.50
01[13:59] {@Threei}  *(US) FOMC HOLDS FED FUNDS RATE TARGET AT 0.25%: REDUCES BOND PURCHASES BY ADDITIONAL $10B (FURTHER TAPER) TO $45B/MONTH (AS EXPECTED)
01[14:04] {@Threei}  quite confused reaction
01[14:06] {@Threei}  US government says it lost $11.2 billion on GM bailout.
01[14:06] {@Threei}  Taxpayers: oh thank you for saving autoindustry
01[14:09] {@Threei}  for when you have nothing to do, live feed from hummingbird nest: https://www.youtube.com/watch?v=xrM34fdmloc#t=1708581
[14:10] {nemo} wow, this is the most sedate reaction in years
01[14:10] {@Threei} Long Setup:  FB  .10 break
01[14:11] {@Threei}  If holds  59 
01[14:11] {@Threei}  Invalidated  
01[14:12] {@Threei} Short Setup: GLD  .40 break
01[14:12] {@Threei}  If holds  .50 
01[14:15] {@Threei}  1:1  
01[14:15] {@Threei}  1:2  
01[14:16] {@Threei}  FB got away... .90 was good trigger
[14:35] {dptl} dal .75 long?
01[14:37] {@Threei}  no read
[14:37] {dptl} k
01[14:41] {@Threei}  can I change answer to "decisively no?"
[14:41] {dptl} :)
01[15:07] {@Threei}  hummer feeds chicks
01[15:08] {@Threei}  right now
01[15:09] {@Threei} Short Setup: DAL  .75 break
01[15:10] {@Threei}  If holds  .85 
01[15:11] {@Threei}  theater of absurd:
01[15:11] {@Threei}  The Russian Foreign Ministry expressed concern on April 30 about "militaristic statements" from Kyiv after acting President Oleksander Turchynov said Ukraine's armed forces were on full alert in case of a Russian invasion.
01[15:11] {@Threei}  A says he is ready to fight B's invasion; B says that's a militant statement
01[15:12] {@Threei}  peaceful statement would be what, "invade at will?"
[15:15] {dptl} valid still?
01[15:15] {@Threei}  yes
01[15:16] {@Threei}  1:1  
[15:17] {dptl} out ty
01[15:18] {@Threei}  yw
01[15:21] {@Threei}  Biden says Russia can't alter Europe borders by force
01[15:21] {@Threei}  Putin: I'll take that bet
01[15:23] {@Threei}  Biden: but if you do, we will sanction 5, yes, 5 more of your people!
01[15:23] {@Threei}  Putin: oops... I better don't then...
[15:24] {Alexs} actually I don't think he has a balls to invade Ukraine
[15:24] {dino} more like putin says; "baahaahaa"
[15:25] {dino} i hope he doesn't but i think he does it
01[15:25] {@Threei}  he most likely won't have to
01[15:25] {@Threei}  these guys he sent to Ukraine to take over towns and buildings will organaize referendum
01[15:26] {@Threei}  and his folks will make sure 142% vote for separation
[15:26] {nemo} http://goo.gl/vwUhUa
01[15:27] {@Threei}  troops on the border are there for the case Ukraine finds guts to send troops in those towns and tries to get rid of separatists
01[15:27] {@Threei}  then plan B is activated and russian tropps will "protect" them
01[15:28] {@Threei}  (UR) Ukraine interim Pres Turchynov: Ukraine is "helpless" to quell pro-Russian separatist movements in the eastern part of the country - Ukraine press- Says: "The security bodies ... are unable to carry out their duties of protecting citizens. They are helpless in those matters. Moreover, some of those units are either helping or cooperating with terrorist organizations." - Security forces to focus on protecting Kharkiv and Odesa Oblasts, which are not yet under the control of pro-Russian separatists.
01[15:29] {@Threei}  see? they pretty much gave up on Donetsk and Lugansk
[15:29] {dino} be like you canadians taking over florida next winter
01[15:30] {@Threei}  well, as a rule we don't tirture and kill locals :)
[15:30] {dino} :)
01[15:31] {@Threei}  although... we are not good tippers generaslly, and that might be considered an act of war
01[15:31] {@Threei}  you guys don't act on it onl,y because you are scared that we surrender immediately
01[15:32] {@Threei}  and demand your welfare etc
[15:33] {dino} good point
[15:36] {cosmo} warfare is welfare for some
01[15:36] {@Threei}  very astute observation
[15:37] {dino} deep
[15:43] {dino} adms spike
[15:46] {dino} missed it too quick
[15:47] {dptl} see ya tomorrow all
01[15:47] {@Threei}  take care dp
01[15:48] {@Threei}  positive today?
[15:48] {dptl} yes 
01[15:48] {@Threei}  good
[15:51] {dino} gj dp
[15:51] {dptl} :)
01[15:51] {@Threei}  thank you all, have a great evening
01[15:52] {@Threei}  see you tomorrow
[15:52] {dino} out of here too, gn all

Tuesday, April 29, 2014

Apr 29 2014

Quite slow, narrow and mostly empty day, finishing about even or just slightly up.

Session Time: Tue Apr 29 00:00:00 2014
[08:44] {dino} gm
[08:46] {dptl} good morning
01[08:50] {@Threei}  dino, dp :)
[09:00] {dino} ddd blood
[09:06] {_troub} good morning all
01[09:06] {@Threei}  troub :)
[09:07] {RonS} hello everyone
01[09:07] {@Threei}  ron :)
[09:13] {thomcbell} gm
01[09:14] {@Threei}  thom :)
[09:23] {ese} morning
01[09:23] {@Threei}  ese :)
[09:23] {ese} vad
01[09:24] {@Threei}  fish says hello to everyone, should drop by this week to update on his nearest plans
[09:25] {Alexs} gm
01[09:25] {@Threei}  alex :)
[09:27] {ese} alex
[09:28] {ese} whats fish up to
01[09:29] {@Threei}  sells house, travels
[09:29] {ese} nice
[09:30] {ese} trades from around the world
01[09:30] {@Threei} Long Setup:  TZA  .45 break
01[09:30] {@Threei}  If holds  .35
01[09:31] {@Threei}  Invalidated
01[09:34] {@Threei} Long Setup:  TZA  .30 break
01[09:34] {@Threei}  If holds  .20
01[09:36] {@Threei}  1:1
[09:36] {dptl} half out
[09:38] {dptl} out balance
01[09:40] {@Threei}  IBM *INCREASES DIVIDEND 16% TO $1.10 FROM $0.95
[09:40] {Les} full steam ahead
01[09:43] {@Threei} Long Setup:  C  .60 break
01[09:44] {@Threei}  If holds  .55
[09:46] {Les} JPM 56
01[09:47] {@Threei} Long Setup:  TZA  .30 break
01[09:47] {@Threei}  If holds  .25
[09:50] {dptl} stopped tza
[09:52] {nemo} DAX ripping
[09:55] {dptl} ko .80 short?
01[09:55] {@Threei} Long Setup:  WMT  .70 break
01[09:55] {@Threei}  If holds  .65
[09:56] {dino} ua hl l .65
[09:57] {dptl} in wmt
[10:01] {dptl} out some
01[10:02] {@Threei}  1:1
[10:07] {Buster} Did the Consumer confidence come out?
01[10:10] {@Threei}  yes
01[10:10] {@Threei}  market didn't react much
01[10:10] {@Threei}  *(US) APR CONSUMER CONFIDENCE: 82.3 V 83.2E
[10:10] {Buster} OK Thanks.
[10:12] {dino} ua stop
01[10:15] {@Threei} Short Setup: FB  .40 break hl
01[10:15] {@Threei}  If holds  .50
01[10:16] {@Threei}  change to .50 break
01[10:16] {@Threei}  If holds  .60
[10:17] {nemo} probably gonna' check .90
[10:18] {dptl} valid ?
01[10:18] {@Threei}  no
[10:21] {dino} ua shl l .30
[10:21] {dino} l hl
[10:22] {dptl} do you like ebay .50 short Vad?
01[10:23] {@Threei}  I'd do .55
01[10:23] {@Threei}  with .61 stop
[10:23] {dptl} i see
01[10:25] {@Threei}  there
01[10:25] {@Threei}  like a charm
[10:26] {nathan} hi gents
01[10:26] {@Threei}  FB got away
01[10:26] {@Threei}  hey nathan
[10:26] {Les} ty ebay
[10:26] {dptl} yeah...i didt get it ..with wmt still and dont have source :)
01[10:27] {@Threei}  argh FB
[10:28] {Les} hmmm indexes vxx outside 3min bbs potential bounce time
[10:35] {dino} vmw smr l .99
[10:36] {dino} markets very strange last 3 -5 days
[10:40] {Les} good to know. will leave it for the day here. Let Yellen say her piece tomorrow. a+
[10:43] {dptl} ok wmt..its time :)
01[10:51] {@Threei} Long Setup:  TZA  .35 break
01[10:51] {@Threei}  If holds  .25
[10:52] {dptl} in
[11:05] {dino} vmw stop -.35
01[11:05] {@Threei}  Russian foreign minister 'rejects' US, EU sanctions over Ukraine
01[11:05] {@Threei}  hmmm
01[11:06] {@Threei}  I like this idea
01[11:06] {@Threei}  next year I'll refuse to pay taxes and when they come after me, I'll "reject" their sanctions
[11:06] {Alexs} rofl
01[11:07] {@Threei}  stop to .29
01[11:07] {@Threei}  it's time
01[11:08] {@Threei}  now or never
[11:08] {dptl} oh tza....ok
01[11:08] {@Threei}  I reject your refusal to go up, TZA
[11:09] {RonS} twtr gone pulp
01[11:13] {@Threei}  finally
01[11:13] {@Threei}  1:1
[11:13] {dptl} out half, and closed wmt
[11:14] {Alexs} so rejection works Vad
[11:14] {Alexs} try this trick with your tax
01[11:16] {@Threei}  I feel encouraged to do that
[11:16] {Alexs} :)
[11:25] {dptl} closed tza.....dont know why i didt take some out at .53 :)
[11:35] {dptl} do you like wfm .30 short Vad?
01[11:37] {@Threei}  yes, but needs to reconsolidate
[11:38] {dptl} ye...invalidated for now
[11:41] {dptl} abbv? .30 break
01[11:41] {@Threei}  not sure
[11:41] {dptl} k
01[11:44] {@Threei}  can I change to yes?
[11:44] {dptl} :)
[11:44] {dptl} its a nice looking chart isnt it?
[11:45] {goinshort} morning all !!!
01[11:45] {@Threei}  gs :)
[11:46] {dptl} wfm coming to .30 again...lets see if its consolidates a bit here
01[11:46] {@Threei} Long Setup:  VXX  .70 break
01[11:46] {@Threei}  If holds  .60
[11:50] {dptl} still valid ?
01[11:50] {@Threei}  yes
01[11:50] {@Threei}  WFM, I don't like it much anymore
[11:50] {dptl} k
01[11:53] {@Threei}  ideally, VXX holds .65 here and breaks
[11:55] {dptl} invalidated too
01[11:55] {@Threei}  gor now, yes
01[11:55] {@Threei}  for
01[11:56] {@Threei}  LOL:
01[11:56] {@Threei}  https://scontent-a-sea.xx.fbcdn.net/hphotos-prn2/t1.0-9/10314574_933849479977839_4110233295691885653_n.jpg
[11:57] {dptl} lol
[12:01] {dptl} really slow today...qoutes barrely moving
[12:02] {dino} same here dp, not doing much
[12:06] {thomcbell} BX might be a long setup here 29.98 long break if holding 29.88
[12:15] {thomcbell} bx invalidated
01[12:15] {@Threei}  yeah
[12:25] {fish_49} Can someone keep an eye on Alex and make sure he is sharing well?
01[12:25] {@Threei}  FISH!
[12:25] {Alexs} hey fish!
[12:25] {fish_49} Hey Alex
[12:25] {fish_49} I was on vacation and took a pic of Nemo  wanna see?
01[12:25] {@Threei}  you lost the plot man... Alex is not sharing, Alex is gathering his share from others
[12:26] {Alexs} :)
[12:26] {fish_49} oh  so that means Alex is not trading  He just collecting?  so  I should collect 50% of what he collects
[12:26] {dptl} was always wondering what fish is Fish :)
[12:26] {fish_49} here is my vacation pic of Nemo
[12:27] {fish_49} http://s1332.photobucket.com/user/bkhmd/media/P4270187_zps760570d2.jpg.html
[12:28] {fish_49} another pic of Nemo
[12:28] {fish_49} http://s1332.photobucket.com/user/bkhmd/media/Bear1_zps8c0d616e.jpg.html
[12:28] {RonS} lol...perfect
[12:28] {dptl} lol
[12:28] {fish_49} here is a pic of Ron  the cousin of Nemo
[12:28] {fish_49} http://s1332.photobucket.com/user/bkhmd/media/Bear2_zps1d3e12c3.jpg.html
[12:29] {nemo} needs to lose some weight
01[12:29] {@Threei}  meanwhile I took selfie... http://goo.gl/3P2jS1
[12:29] {fish_49} will the real nemo stand up  here
[12:30] {fish_49} lol  soup nazi
[12:30] {fish_49} last pic of Nemo
[12:30] {fish_49} http://s1332.photobucket.com/user/bkhmd/media/aP4270235c_zps475f7ada.jpg.html
[12:31] {fish_49} that guy ran out in front of the car almost hit him
[12:31] {fish_49} here is my attempt  to calm the water
[12:31] {nemo} think it's a female
[12:31] {fish_49} http://s1332.photobucket.com/user/bkhmd/media/P4270108_zps8df0c17f.jpg.html
[12:32] {fish_49} ok thats it  I wont disturb your lunch break
[12:32] {fish_49} how was the morning Alex?  how much did you collect?
[12:32] {nemo} could you try not to disturb our year
[12:32] {Alexs} not enough yet
[12:35] {fish_49} Nemo didn't even miss me  wait  I think YM coming into short territory
01[12:35] {@Threei}  he did... he just masks it well
01[12:35] {@Threei}  he is afraid we see his real inner ego, gentle, sensitive...
[12:36] {fish_49} lol  you made him sick Vad
[12:36] {fish_49} lol
01[12:36] {@Threei}  I am trying... every day
01[12:36] {@Threei}  it's tough
01[12:37] {@Threei}  but I am getting better at it
[12:38] {fish_49} he get his connection issues resolved?
[12:38] {RonS} no, still not married...
[12:38] {fish_49} still here Toad
[12:38] {fish_49} lol  Ron I thought that is why he has a bunny
[12:38] {fish_49} lol
01[12:40] {@Threei}  lol
[12:42] {dptl} Vad you like sbux short.90 break ?
01[12:42] {@Threei}  not really
01[12:42] {@Threei}  50/50
[12:42] {dptl} k
01[12:42] {@Threei}  market is floating here aimlessly
[12:50] {fish_49} so we float higher on low vol until the Fed news tomorrow?
01[12:51] {@Threei}  probably... unless Ukraine flares up
[12:51] {dptl} how about fti .80 short? Vad
[12:52] {dptl} a bit late now
[12:54] {fish_49} Gonna run...  Alex  make sure you collect my share.  I will be back Late May to pick it up
01[12:54] {@Threei}  have fun fish
[12:54] {Alexs} take care fish :)
[12:55] {fish_49} I just put my house on the market and have a week or so more of yard work to do then a couple weeks in Alaska and should return to the markets after that.
[12:55] {fish_49} Take care all  and Happy trading
[12:55] {RonS} be safe fish...
[13:06] {thomcbell} bx still trying here
[13:15] {dino} ua stop .99, +.69
01[13:16] {@Threei}  wtg
[13:16] {dino} ty
[13:18] {thomcbell} are there fed comments today?
[13:18] {nemo} no, and there won't be tomorrow either
[13:18] {nemo} however, Granmama is speaking on Thursday somewhere
[13:22] {Alexs} tomorrow FOMC meeting announcement
[13:24] {nemo} taper continues rates stay unchanged
06[13:54] * nemo slaps Threei around a bit with a large trout
06[13:54] * nemo slaps Threei around a bit with a large trout
06[13:54] * nemo slaps Threei around a bit with a large trout
06[13:54] * nemo slaps Threei around a bit with a large trout
06[13:54] * nemo slaps Threei around a bit with a large trout
[13:54] {dptl} wow...lol
06[13:55] * nemo slaps dptl around a bit with a large trout
06[13:55] * nemo slaps dptl around a bit with a large trout
06[13:55] * nemo slaps dptl around a bit with a large trout
[13:55] {dptl} lol...bored ?
[13:55] {nemo} that obvious huh?
06[13:55] * @Threei racks AK-47
[13:56] {dptl} wait i'll grab pop corn :)
[13:58] {_troub} are there some time periods better than others?
[13:58] {nemo} I can own one, you can't Vad...
[13:58] {nemo} lunch time is always slower...first two and last two hours tend to be busier
[13:58] {nemo} today, with the Fed tomorrow, maybe not
01[13:58] {@Threei}  for shooting nemo troub? no, any time is good
[13:58] {nemo} Vad's a lousy shot
01[13:59] {@Threei}  oh for trading... yes, nemo's right
01[13:59] {@Threei}  not true at all
[13:59] {nemo} what's not true?
[13:59] {_troub} thanks.  And I'm a darn good shot.
[13:59] {nemo} at what distance, and with what tool?
01[13:59] {@Threei}  during soviet military training, I was A+ at shooting... grenade throwing got me to B+
[14:00] {nemo} was that with an AK 47 74 or dragunov?
01[14:00] {@Threei}  mostly because the grenade I threw at the test landed at the feet of a colonel who led the comission
[14:00] {_troub} twelve gauge at 10 ft'
[14:01] {nemo} ahhh, real precision work there, hey troub...
[14:01] {nemo} slugs, or shot?
[14:02] {_troub} bird shot.  don't want to hurt somebody too bad.
[14:02] {nemo} gotta' work on that there troub
[14:02] {_troub} having fun with this nemo.
[14:02] {nemo} btw...you really don't want somebody giving law enforcement a conflicting story
[14:02] {_troub} enjoyed quail hunting over a good pointer.
[14:03] {nemo} ahhh
[14:03] {nemo} I enjoyed head shots with the victim's leg in the jaws of a Rottweiler
[14:04] {_troub} spoken like a true conservative
[14:04] {nemo} not really...Taoist by training
01[14:04] {@Threei}  neme is the one who came up with concept "warning shot in the head"
[14:04] {nemo} I am not particularly fond of either side
[14:05] {nemo} looks like the refiners might be giving up the ghost soon
[14:05] {_troub} guess I better be nice with my last day tomorrow until I come back
[14:05] {nemo} where u going?
[14:05] {Alexs} that's the problem of America that conservatives have that reputation
[14:06] {Les} yo
[14:06] {nemo} well, there are Republicans and Democrats, wouldn't call Republicans conservatives necessarily
[14:06] {nemo} oh jeez...collective IQ of the room just went down 20 points
[14:06] {Les} oh crikey... politics
[14:06] {nemo} not really
[14:06] {Les} yeh outta here a+
[14:06] {nemo} never been that easy
[14:06] {_troub} trial ends tomorrow.  In another room paid up to May 30. Hate to double spend and they won't refund.
[14:07] {nemo} ahhh
[14:09] {dino} troub, not happy here? how did you do in this room?
[14:10] {nemo} new it was too good to be true
[14:10] {_troub} I'll be knocking on door to get in June 2.
[14:10] {nemo} knew
[14:10] {Les} homophonic boy
[14:10] {nemo} Now I'm hearing Paul McCartney songs
[14:10] {dino} good to hear, but i suspect you vwill miss a good may here
[14:10] {_troub} very pleased, dino.
[14:10] {nemo} Yeah, bring a chin pillow for the Summer
[14:11] {nemo} homonymistic Les
[14:11] {dino} pretty much, and you can forget about trading fridays, time better spent golfing or mowing lawn
[14:11] {_troub} I may say to heck with cost and come back sooner.
[14:11] {Les} 1 in a 1000 setup. fired up DAS to find YHOO on screen. took it long for .08 but it might roll over here
[14:12] {nemo} yeah, and comic relief is no extra charge
[14:12] {dino} where do you make more $ troub? that answers it
[14:12] {nemo} Yahoo gonna' start running soon, this might be the first shot
[14:12] {dino} gj les
[14:12] {Les} hoping it holds and on't shake me loose
[14:12] {dino} hard stop it
[14:13] {_troub} will here, dino. spent this week with very low shares learning different approach on trades
[14:13] {dino} find your edge
[14:14] {nemo} odds leaning a bit towards the indexes coming in here
[14:16] {Les} yhoo was 80% scalp, so good for the day. Slow market bad for me. keep an eye on yhoo. a+
01[14:23] {@Threei}  troub, see private messaage please
01[14:25] {@Threei} Long Setup:  FB  .10 break
01[14:25] {@Threei}  If holds  58
01[14:25] {@Threei}  half lot I think
[14:28] {dptl} ye got half lot
01[14:30] {@Threei}  Poll: More than half Ukrainians favor EU membership
01[14:30] {@Threei}  good luck with that
01[14:30] {@Threei}  tzar will make sure you stay put
[14:32] {Alexs} more than half russians favor EU membership too I think
01[14:32] {@Threei}  especially as long as they enter EU on tanks
01[14:32] {@Threei}  meh FB
[14:32] {dptl} out fb
[14:33] {nathan} grrr FB
[14:33] {dptl} hated this stock..jumps like crazy all the time
[14:34] {Alexs} yeah I don't even try to trade FB
06[14:34] * @Threei wispers under breath: whimps...
[14:34] {Alexs} lol
[14:45] {dptl} do you like ebay .30 short?
01[14:46] {@Threei}  if SPY establishes downtrend from here... but that's exactly what I am trying to read
[14:47] {dptl} ok
[14:47] {thomcbell} pretty dull tape
[14:48] {nemo} oh crissakes, waiting for DDD to break 45, goes right to 45.17
[14:49] {nemo} holy shit
[14:50] {dptl} and crm .60 break short?
01[14:51] {@Threei}  same idea but liking it more than EBAY
[14:52] {dptl} too late i think
[14:52] {dptl} are you shorting ebay?
01[14:53] {@Threei}  no
[14:53] {dptl} ye..i messed crm
[14:53] {dptl} missed
[14:53] {dptl} may be now on pullback?
01[14:53] {@Threei}  good thing you corrected that, they might have sued you
01[14:54] {@Threei}  nah
01[14:54] {@Threei}  it's not as compelling play, to hurry and get it on bounce
[14:54] {dptl} i see
[14:57] {dptl} cbs?
01[14:59] {@Threei}  ?
01[14:59] {@Threei}  don't see anything there
[15:00] {dptl} .45 short was thinking
[15:00] {Alexs} you should turn on TV Vad
01[15:00] {@Threei}  which channel?
[15:01] {Alexs} CBS I guess
01[15:02] {@Threei}  oh... lol
[15:02] {nathan} well gents gn!
[15:02] {nathan} take care
01[15:02] {@Threei}  take care nathan
01[15:07] {@Threei}  Alex, we need a rule... no jokes that I don't understand
[15:07] {Alexs} :)
01[15:08] {@Threei}  (no idea how you are going to predict which ones I won't, but good rule of thumb: my level is pretty much limited to "tree pretty, fire bad")
[15:11] {Alexs} I think Putin has the same rule in Russia and it works good
01[15:11] {@Threei}  lol
[15:12] {thomcbell} lvs shocking day
01[15:12] {@Threei}  have you heard the new song, Polite People?
[15:12] {thomcbell} strong as 10 men
01[15:12] {@Threei}  I couldn't believe my ears, thought it was a parody
01[15:13] {@Threei}  I looked at it couple times, thom... was a bit too volatile
01[15:13] {@Threei}  still is
[15:14] {thomcbell} y
[15:14] {Alexs} No I haven't Vad waht is it?
01[15:14] {@Threei}  search youtube for polite people, in russian
01[15:15] {@Threei} Long Setup:  TZA  .38 break
01[15:15] {@Threei}  If holds  .28
01[15:15] {@Threei}  dp, you too
[15:15] {dptl} ok
01[15:15] {@Threei}  parallel universe, I swear
01[15:16] {@Threei}  soviet union is back from grave
[15:18] {Alexs} noooo it's a joke!
01[15:19] {@Threei}  it's not
[15:19] {Alexs} can't believe it
01[15:20] {@Threei}  explanation for non-russian speaking: http://www.japantimes.co.jp/news/2014/04/24/world/offbeat-world/russian-army-choir-lauds-polite-people/
01[15:22] {@Threei}  troub, you here?
[15:24] {dptl} well...what can i say...
01[15:25] {@Threei}  amazing that they don't ever hear how chilling some lines sound... "simply stand nearby politely holding their weapons"
01[15:30] {@Threei}  change of plan
01[15:30] {@Threei}  .l iwm .70 break
01[15:30] {@Threei} Long Setup:  IWM  .70 break
01[15:30] {@Threei}  If holds  .60
[15:31] {dptl} inval
01[15:31] {@Threei}  not yet, watching
01[15:32] {@Threei}  change to .60 break
[15:32] {dptl} isnt it just sitting in a range all day?
[15:32] {dptl} tza valid ?
01[15:33] {@Threei}  TZA, no
[15:33] {dptl} ok
[15:34] {dptl} what you see in iwm Vad?
01[15:35] {@Threei}  just an idea of the market tending lately to run up into close
[15:36] {dptl} oh....tza looks like would work
01[15:36] {@Threei}  well, such spike from under the support makes it not very tradeable to me
01[15:37] {@Threei}  I prefer break after consolidation, not on sharp spike into resistance
[15:37] {dptl} i see
01[15:37] {@Threei}  ok, last attempt IWM
01[15:37] {@Threei}  right here
01[15:37] {@Threei}  .32
01[15:37] {@Threei}  stop .24
[15:40] {Alexs} 1:1 is .40?
[15:40] {dptl} i got .34
01[15:40] {@Threei}  anything above
01[15:40] {@Threei}  but as time presses, anything becomes fair game
[15:43] {dptl} out
01[15:44] {@Threei}  nah
01[15:44] {@Threei}  oh well
01[15:44] {@Threei}  largely empty day
01[15:44] {@Threei}  thank you all, have a good evening
01[15:44] {@Threei}  see you tomorrow
[15:44] {dptl} see ya tomorrow
[15:44] {dino} cya
[15:45] {goinshort} thanks V! - traveling tomorrow cya thursday?
[15:45] {Alexs} good night all
01[15:45] {@Threei}  ok gs, safe travel
[15:46] {goinshort} thanks

Monday, April 28, 2014

Apr 28 2014

Nice day, started a bit shaky with 2 stops, then a few 1:3 and 1:2 plays put us solidly in black. YHOO, TZA (this one gave us 1:4), and a few more nice trades made for a very nice day.

Session Time: Mon Apr 28 00:00:00 2014
[08:46] {dino} gm
01[08:46] {@Threei}  morning dino
[08:54] {Phil} good morning
01[08:55] {@Threei}  phil :)
[08:57] {dptl} good morning
01[08:57] {@Threei}  dp :)
[08:59] {dino} .
01[09:11] {@Threei}  (RU) US confirms new sanctions to be imposed surround 7 individuals and 17 Russia companies
01[09:11] {@Threei}  lol
[09:11] {nemo} so, the Kabuki theater continues
01[09:12] {@Threei}  at this rate, if Putin invades whole Europe, sanctions might hit 150 individuals
[09:13] {nemo} yeah, they won't let Russians buy any more property in London
[09:19] {_troub} good morning all
01[09:19] {@Threei}  troub :)
[09:23] {ese} morning....am here for a good time....not a long time....can't stick around too long today......who wrote that tune by the way
01[09:23] {@Threei}  ese :)
[09:23] {ese} vad
[09:24] {nemo} live hard, drive fast, die young, and leave a beautiful corpse....James Dean
[09:24] {ese} ahhhhhhh
[09:24] {ese} mornin nemo
[09:24] {nemo} yes, it is
01[09:27] {@Threei}  light opening, no reak indications either way
01[09:27] {@Threei}  real
[09:27] {nemo} spy solid premarket volume
[09:28] {nemo} Fed Week
[09:29] {Alexs} gm
01[09:29] {@Threei}  akex :)
01[09:29] {@Threei}  k=l
01[09:29] {@Threei}  someone should move l and k apart
01[09:30] {@Threei} Short Setup: JPM  .50 break
01[09:30] {@Threei}  If holds  .60
01[09:31] {@Threei}  Invalidated
01[09:33] {@Threei} Long Setup:  FB  .70 break hl
01[09:33] {@Threei}  If holds  .60
01[09:33] {@Threei}  change to .65 break
01[09:33] {@Threei}  If holds  .55
01[09:34] {@Threei}  valid still
01[09:34] {@Threei}  Invalidated
[09:36] {nemo} fb either wholen number bounce or 56.85ish
01[09:36] {@Threei} Long Setup:  JPM  .25 break
01[09:36] {@Threei}  If holds  .17
01[09:38] {@Threei}  meh
[09:38] {dptl} out jpm
01[09:38] {@Threei}  FB must be almost ready
01[09:38] {@Threei}  ni singke green bar yet since open
01[09:39] {@Threei} Long Setup:  FB  .80 break hl
01[09:39] {@Threei}  If holds  .70
01[09:39] {@Threei}  wow
[09:39] {dptl} ouch...out
[09:39] {nemo} looks like fb going for swing lows on daily
01[09:42] {@Threei} Long Setup:  YHOO  .20 break
01[09:42] {@Threei}  If holds  .10
[09:43] {dino} fb sm l .75
01[09:45] {@Threei}  1:1
01[09:47] {@Threei}  stop to .24
01[09:47] {@Threei}  1:2
01[09:47] {@Threei}  .29 of course'
[09:47] {dino} now hl l .40
01[09:48] {@Threei}  frikin FB, fooled me
01[09:49] {@Threei}  (US) Preview: Mar Pending Home Sales expected at 10:00 ET (14:00 GMT)**Consensus expectations: - MoM: +0.7%e v -0.8% prior - YoY: -10.2%e v -10.2% prior
01[09:50] {@Threei}  stop to .34
[09:50] {dptl} k
01[09:51] {@Threei}  1:3
01[09:51] {@Threei}  out
[09:51] {dptl} all out ty
[09:51] {Alexs} nice catch yhoo Vad :)
01[09:51] {@Threei}  :)
[09:51] {Phil} ty
01[09:51] {@Threei}  now, can someone slap FB silly
01[09:57] {@Threei} Short Setup: P  .75 break hl
01[09:57] {@Threei}  If holds  .85
[09:57] {Les} vxx db
[09:57] {nemo} numbers
[09:57] {dino} now stop to .45
[09:57] {Les} k
[09:57] {dino} out now .44, +1.04
[09:57] {RonS} wtg
[09:58] {dino} ty
[09:58] {Les} nice one dino
[09:58] {dino} too tight on stop tho
[09:58] {Les} question, why not buy off db at .50? why wait till .75?
[09:59] {nemo} numbers
01[09:59] {@Threei}  *(US) MAR PENDING HOME SALES M/M: 3.4% V 0.7%E; Y/Y: % V -10.2%E
[09:59] {Les} is there anything you can say besides numbers numbnuts?
[10:00] {nemo} hope you got into a short just before them
[10:00] {nemo} how's that
01[10:00] {@Threei}  so far he saved your bacon
[10:00] {nemo} frickin' lumpen
[10:02] {Les} charlie and the chocolate factory?
[10:03] {Les} fb boucne territory
01[10:04] {@Threei} Short Setup: WMT  .70 break
01[10:04] {@Threei}  If holds  .80
[10:04] {Alexs} two sided?
01[10:05] {@Threei}  formally yes, but I don't feel easy about buying WMT up $1.20
01[10:05] {@Threei}  also, market ran a lot since 9:55, yet WMT stayed in this range
01[10:07] {@Threei}  short's valid still
[10:10] {nemo} index short setups
01[10:11] {@Threei} Long Setup:  AIG  .20 break
01[10:12] {@Threei}  If holds  .10
[10:12] {dptl} in aig
[10:12] {nemo} hold off on the index shorts
[10:12] {nemo} qqq's still strong because of aapl
01[10:13] {@Threei}  feels breakoutish to me
01[10:13] {@Threei}  AIG stop to .14
01[10:15] {@Threei}  half out
01[10:15] {@Threei}  1:1
[10:16] {dptl} 'oops i got almost all out...:)
[10:17] {dino} taking some fb off, .80, +1.05, remainder swinging
01[10:18] {@Threei}  be thankful it's not a car... getting "almost all out" would be a horrible experience
01[10:18] {@Threei}  wtg dino
[10:18] {dino} lol
[10:18] {dptl} lol
[10:18] {dino} ty
01[10:18] {@Threei}  took revenge for our stop
01[10:18] {@Threei}  "almost all in" is tough too
[10:19] {nemo} I think there's a very insulting sexual joke there
[10:19] {dptl} had offer at .30 and then didt canceled took some off .29, and then .30 got filled
01[10:19] {@Threei}  1:2
01[10:20] {@Threei}  I was still talking about a car nemo... keep your imagination at bay, will ya
[10:20] {nemo} right
[10:20] {Les} joined ya late aig, but thanks out 1:2
01[10:20] {@Threei}  yw
[10:20] {Les} at least nemo is dependable
01[10:21] {@Threei}  out in full here AIG
01[10:21] {@Threei}  1:3 is close enough
01[10:21] {@Threei}  and market is still dizzy after the weekend
[10:23] {dptl} out too...ty
01[10:23] {@Threei}  yw
01[10:23] {@Threei} Long Setup:  TZA  17 break
01[10:24] {@Threei}  If holds  .90
[10:24] {nemo} think spy want's to close the gap
[10:26] {dptl} in tza
01[10:26] {@Threei}  feels ready to retreat to me
01[10:27] {@Threei}  (UR) Bomb blast has reportedly killed a Ukraine soldier in eastern city of Donetsk
01[10:28] {@Threei}  stop to .94
[10:28] {dptl} k
01[10:28] {@Threei}  under low of 10:25 candle
01[10:30] {@Threei}  *(US) APR DALLAS FED MANUFACTURING ACTIVITY: 11.7 V 6.0E
[10:30] {ese} have a great day eh!! cya tomorrow
01[10:30] {@Threei}  take care ese
[10:31] {nemo} after what 3 or 4 days down, shorting should be tough until after europe closes
[10:31] {nemo} gotta watch google and aapl too
[10:31] {Les} fuck europe
[10:32] {Les} commie dickless whinging bunch of pricks
[10:32] {nemo} language you frickin' sheila
01[10:32] {@Threei}  half out
01[10:33] {@Threei}  stop to .99 now
[10:34] {dptl} k
01[10:36] {@Threei}  1.4 more out
01[10:36] {@Threei}  1/4
[10:37] {dptl} under .10 now?
01[10:38] {@Threei}  yup
01[10:38] {@Threei}  1:2
[10:39] {Les} taken 1:2. got some connectivity issues. brb
[10:39] {nemo} yeah, between your brain and mouth
01[10:40] {@Threei}  nemo is too fast... I just started typing "nemo, no comment!"
01[10:41] {@Threei} Long Setup:  AIG  .40 break
01[10:41] {@Threei}  If holds  .30
01[10:46] {@Threei}  Invalidated
01[10:50] {@Threei}  will try for 1:4 on TZA
01[10:50] {@Threei}  downtrend seems to take root
[10:50] {dptl} out some more .29
01[10:50] {@Threei}  1:3
[10:50] {dptl} ty
01[10:50] {@Threei}  yw
01[10:51] {@Threei}  with somewhat rocky start, day becomes bright
[10:51] {dptl} yep...:)
[10:52] {dptl} under .20 stop tza now
[10:56] {Les} yeh nice clawback
[10:58] {Les} SPY .25 /15 long setup?
01[10:58] {@Threei}  50/50
[10:58] {Les} forget it
[10:58] {Les} yeh
[10:58] {Les} support is in .10 area
[10:58] {Les} watching vxx return to test lows
[10:59] {dptl} wy short? ..just watching
01[11:00] {@Threei}  nah
[11:00] {dptl} k
01[11:00] {@Threei}  and don't interruprt my grieving process... why why didn't I call AIG two-sided?
06[11:00] * @Threei pours ashes on his head
[11:01] {Les} wow nice dt
[11:01] {Les} on aig
[11:04] {Les} just ordered a desktop box. Letting the kids watch tv after 5 year hiatus. think the connectivity kinks are ironed out now
[11:06] {thomcbell} spwr looks vulnerable
01[11:08] {@Threei}  TZA baby
01[11:08] {@Threei}  1:4
[11:08] {Les} lets see if spy firms up on retest of support here
01[11:08] {@Threei}  happily out
[11:08] {Les} nice one
01[11:08] {@Threei}  may have more in it but easy money is made
[11:08] {dptl} out too...ty :)
[11:08] {Les} yeh post 11am
01[11:09] {@Threei}  and out of two words, "work" and "hard" I equally hate both
[11:09] {Phil} th Vad, nicely held
01[11:09] {@Threei}  :)
[11:10] {dino} still destroying tech
[11:13] {Les} vxx vwap test here
01[11:14] {@Threei}  1:5
[11:14] {Les} and testing the morning high
[11:15] {Les} spy
[11:15] {Les} sorry
01[11:16] {@Threei}  1:6... mama :)
01[11:16] {@Threei}  look at our entry on intraday chart
[11:16] {dptl} charts look like its on viagra  now...lol tza
[11:16] {nemo} unless you're looking at tna
01[11:16] {@Threei}  precision of an archer schooled by nemo who stayed sober for a week
01[11:17] {@Threei}  (which we all know happens about never)
[11:17] {Les} yeh outside the 15 min bb bands. woulda been nice to double down on the entry
[11:17] {nemo} sober for a week...perish the thought
[11:17] {dptl} lol
[11:17] {nemo} book night tonight ;-)
[11:21] {dino} 07 scrolling red
[11:23] {dptl} do you like sbux short Vad?
01[11:24] {@Threei}  here, not sure
01[11:24] {@Threei}  btw, look at WY
01[11:24] {@Threei}  useless
[11:24] {dptl} ye looking...just staying there
[11:25] {goinshort} morning all !
01[11:25] {@Threei}  gs :)
[11:29] {nemo} index bounces
[11:30] {nemo} maybe vwap
[11:35] {Les} ty nemo
[11:35] {Les} and ty dino
[11:35] {Les} finally waited for a frikin higher low to form
[11:37] {dino} :)
[11:37] {nemo} finnies tested lows, which were near the Monthly S1, SPY tsted pivot, which was near price support and the pivot,   IWM tested just below the S1, which was just above the 200 day...confluence
[11:38] {nemo} across markets
[11:38] {Les} is confluence contagious?
[11:38] {nemo} you have to have a brain to catch it, don't worry
[11:38] {Les} lol touché
[11:43] {Les} scalp only. back after lunch
[11:57] {thomcbell} fb at bottom of gap
[11:58] {dino} showing 53.75
[11:59] {thomcbell} i see 54.93
[12:00] {thomcbell} on FB
01[12:01] {@Threei}  FB ,looks ready
01[12:01] {@Threei}  bottoming out
01[12:03] {@Threei}  .20 break, half lot
01[12:03] {@Threei}  stop .05
01[12:04] {@Threei}  only if you have adrenalin deficiency
01[12:05] {@Threei}  nah
[12:05] {dptl} i decided to let it be...to jumpy for me
[12:05] {thomcbell} now getting emotional
[12:05] {thomcbell} which i like
01[12:08] {@Threei}  dp... that, and why not stay in profit protection mode
[12:08] {dptl} yes and that too :)
[12:14] {dino} not seeing the fb gap you are seeing, my charts showing 53.62 to fill it
[12:16] {thomcbell} jan 29th
[12:16] {thomcbell} high was 54.93
[12:18] {dino} ok, high, but closed 53.62, thats the gap
[12:18] {dino} no matter
[12:20] {dino} mnk spike
[12:21] {dino} wow
01[12:25] {@Threei}  Merck & Co Inc Reckitt confirms its in discussions to acquire the company's consumer health business- RB confirms that it is in discussions with Merck regarding an offer for its consumer health business
[12:39] {dptl} c .70 long?
01[12:40] {@Threei}  not sure
[12:41] {dptl} k
01[12:43] {@Threei}  changin my answer to no {G}
[12:44] {dptl} :) yes dont like now too
[12:46] {dino} panw sm l .40 ave
[12:58] {dptl} do you like dal short , Vad?
01[12:59] {@Threei}  yes, but let's do half lot
[13:00] {dptl} oh got in finaly
01[13:01] {@Threei}  on bounce?
[13:01] {dptl} ye
[13:02] {dptl} missed first and then got it
[13:03] {dptl} out half
[13:05] {dino} panw stop
[13:06] {goinshort} little scalp on DAL -thanks guys!
[13:06] {dino} gj
01[13:06] {@Threei}  :)
[13:07] {dptl} more out ty
[13:09] {nemo} bonce time
01[13:09] {@Threei}  nice clean play
[13:09] {dino} the naz is hitting about an 80 point range today, 2%
[13:09] {dptl} wait let me close dal at .50 :)
[13:17] {dptl} all out ty
[13:18] {Alexs} good spot dp
[13:18] {dptl} ty :)
01[13:18] {@Threei}  dp can find a pearl in the pile of fertizier.. just gotta keep him inactive in 8 out of 10 of his finds
[13:19] {dptl} lol...
[13:22] {dptl} it must be going for the gap fill from few days ago
01[13:22] {@Threei}  it just slides with SPY, IMO
[13:23] {dptl} yes and that helpes
01[13:27] {@Threei}  bottoming process it seems
01[13:27] {@Threei}  wathcing for pullback and db
01[13:27] {@Threei} Long Setup:  DAL  .30 break hl
[13:28] {dptl} oh..missed
01[13:28] {@Threei}  1:1
[13:28] {dptl} nice :)
01[13:29] {@Threei}  I decided not to insult anyone's intelligence by menntioning stop level
01[13:29] {@Threei}  (how's that for an excuse for laziness?)
[13:29] {dptl} lol
[13:30] {Les} take it on poullback to db?
01[13:30] {@Threei}  not sure... generally, after 1:1 I wouldn't
01[13:30] {@Threei}  but let's watch it
[13:35] {Les} got iwm
[13:35] {Les} long
[13:35] {Les} higher low
[13:42] {Les} 1:3 want more
[13:43] {Les} pivot 110
[13:50] {Les} done +.44. too early on SPY bottom so IWM makes it back and a bit more
01[13:52] {@Threei}  wtg
[13:53] {Les} ty. focusing on what dino said
[13:53] {Les} clear reversal signal, preferably higher low
[13:54] {thomcbell} what did dino say?
01[13:54] {@Threei}  what did dino say? except "golf time!!" of course
01[13:54] {@Threei}  thom :)
[13:55] {Les} Nemo's advice of course everpresent. no game in middle ground. IWM .50, spy needed .00 and db fas .25 to make the turn around
[13:58] {dino} lol
[14:21] {dptl} sbux .30 long?
[14:22] {dptl} bit to late
[14:23] {thomcbell} godspeed all - have to check out early
01[14:24] {@Threei}  take care thom
01[14:36] {@Threei}  eod move is likely to be down
01[14:36] {@Threei}  probably a bit too early for that though
[14:37] {dptl} vxx tza screens are on :)
[14:42] {Les} sm vxx long here
[14:42] {Les} holding  the low
[14:47] {Les} indexes want vwap
[15:09] {Les} ok heres vwap for the indexes
01[15:11] {@Threei}  watchin TZA closely
01[15:11] {@Threei}  one more leg down probably
01[15:13] {@Threei} Long Setup:  TZA  .65 break
01[15:13] {@Threei}  If holds  .60
[15:15] {dptl} valid ?
01[15:15] {@Threei}  change to .60 break
01[15:15] {@Threei}  If holds  .55
[15:16] {dptl} in
01[15:18] {@Threei}  meh
[15:18] {dptl} out
[15:20] {Les} hmm did TZA just dt in the daily...
[15:20] {dino} what a swing on the naz 96 pts range to positive
[15:21] {dino} btfd
[15:21] {Les} 2 long tails IWM holding the 200 day...
[15:21] {Les} yeh still
01[15:33] {@Threei} Long Setup:  TZA  .50 break
01[15:33] {@Threei}  If holds  .40
01[15:36] {@Threei}  .l vxx 41 break hl
01[15:36] {@Threei} Long Setup:  VXX  41 break hl
01[15:36] {@Threei}  If holds  .90
[15:38] {nemo} look at the spy candle on the daily
[15:43] {nemo} Ukraine Kumbaya news
01[15:43] {@Threei}  ?
[15:44] {nemo} some troops supposedly pulled back from the border, and nice nice comments from the Russian Defense minister to the US Secretary of Defense
01[15:44] {@Threei}  lol
01[15:45] {@Threei}  they still don't get it
[15:45] {dptl} in tza
[15:47] {nemo} http://t.co/4A0IEkLvmQ
[15:47] {nemo} DAX should gain big tomorrow
01[15:47] {@Threei}  half out
01[15:47] {@Threei}  time's pressing
[15:48] {dptl} oops...ye you right...lol
[15:48] {dptl} out some
[15:52] {dptl} ok i am out ty...to close
01[15:52] {@Threei}  yw
[15:52] {dptl} see ya tomorrow all
01[15:52] {@Threei}  thank you all
01[15:52] {@Threei}  have a great evening
01[15:52] {@Threei}  see you tomrrow
[15:52] {Alexs} gn all
[15:52] {goinshort} thanks V !
01[15:53] {@Threei}  :)
[15:53] {Phil} Thanks Vad, cya guys
[15:55] {_troub} I'm learning and enjoying.  Thanks Vad and room
01[15:55] {@Threei}  take care troub :)
[15:56] {dptl} oh s..
[15:57] {dptl} forgot to cancel now short tza...lol
[15:57] {dptl} man...got filled my ofeer .61
[15:58] {dptl} out .63.....thats what i miss about laser is auto cancel feature

Friday, April 25, 2014

Market Week Wrap-up

TradeTheNews.com  Weekly Market UpdateRussia Menaces Ukraine, Squelches Earnings Enthusiasm


- US equity markets bounced erratically between earnings enthusiasm and Ukraine-induced fear this week in a low-volume, post-Easter holiday environment. Strong quarterly results from major tech names and Dow components helped push indices higher, with Apple and Facebook the particular standouts. In addition, several huge merger deals in the pharmaceutical space also helped risk appetite. But the steady deterioration in the Ukraine situation dragged things lower and the continuing rotation out of momentum names whipped around the Nasdaq all week. For the week, the DJIA is down 0.3%, the S&P500 is off 0.1% and the Nasdaq fell 0.5%.

- The Ukraine crisis deepened this week as Kiev pressed its "anti-terrorist" operations in Eastern Ukraine and Russia conducted "military exercises" along the border. At one point, Russian armor was said to have moved in force to within one kilometer of the border, inspiring real fears that the invasion was imminent. Russia President Putin called the use force against pro-Russian forces in Ukraine "a crime" that will have consequences, while Russia's UN ambassador went as far as invoking a nation's right to self-defense under the UN charter as a justification for potential direct intervention in Ukraine. Officials in Kiev warned that any Russian incursions would be met directly with military force, while the Western powers convened on Friday to discuss arranging possible sanctions on the broader Russian economy.

- New home sales in the US tumbled to eight-month low in March, dropping 14.5% y/y. However the January and February totals were revised up 3% and 2%, respectively. Affordability is likely becoming a big factor for the market: the median new home price rose to a record high of $290K, up 13% y/y.

- Front month WTI crude lost over 3% this week, dropping from nearly $104 to just above $100 on profit taking. Concerns about further builds in US crude oil inventories overshadowed tensions between Russia and Ukraine. Last Wednesday, the EIA weekly report showed that US crude inventories were only 3.4 million barrels below the peak reached in May 2013. This week's EIA report pushed US crude oil inventories above the 2013 high to 397.7 million barrels, levels not seen in 80 years.

- Excellent earnings from Apple, Facebook and Netflix could not save the Nasdaq from Amazon and the continuing rotation out of hot tech stocks this week. Both Facebook and Apple beat earnings and revenue targets, while Apple crushed expectations for iPhone shipments and boosted capital returns to shareholders. Facebook saw solid gains in user metrics and an 82% y/y gain in advertising revenue. Netflix sustained decent metrics and met expectations. Apple sustained 8% gains on the week, while gains in FB and NFLX evaporated rapidly. Amazon dropped 5% on the week after operating income shrank y/y and the firm's second quarter revenue guidance fell short of consensus expectations. Microsoft offered solidly in-line, vanilla results.

- Results from the big US automakers were hampered, like everything else, by bad weather, although there were some self-inflicted wounds as well. General Motors beat earnings forecasts, despite a big decline in profits due to its recent recalls. Ford's first quarter profit was down from the same period last year and missed expectations. Caterpillar posted a quarterly profit that topped analysts' estimates and raised its full-year outlook on a stronger-than-expected rebound in sales in the construction industry.

- Defense names Lockheed Martin, Northrup Grumman and General Dynamics beat top- and bottom-line expectations, and raised FY14 guidance, although revenue at the companies declined y/y as Pentagon budget cuts continued to eat into business. Integrated manufacturers United Technologies and Boeing saw revenue growth driven by non-defense related demand. Raytheon's revenue also dropped, but unlike its competitors it was unable to raise guidance. Only Boeing closed out the week in the black, with the other firms all flat or in the red on the week.

- The global pharmaceutical business was rocked by news of multiple megadeals this week. Canadian pharma giant Valeant teamed up with activist investor Bill Ackman's Pershing Square in a $46-billion hostile bid for eye and skin care company Allergan, which is currently reviewing the deal. Ackman accumulated a 9.7% stake in Allergan in the days and weeks leading up to the deal announcement, using a veiled options strategy. The SEC is investigating the trades, which some commentators have called unethical. Novartis sold its animal health unit to Eli Lilly for $5.4 billion in cash and its vaccines unit to GlaxoSmithKline for $7.1 billion. In turn, Novartis is buying Glaxo's oncology products business for $14.5 billion and up to $1.5 billion in milestones. There were also UK press reports that Pfizer offered $100 billion for AstraZeneca recently, but negotiations went nowhere. Some analysts said another approach is in the works.

- EUR/USD was locked in a fairly narrow range between 1.3790 and 1.3850 as FX traders debated the probability of unsterilized large-scale ECB quantitative easing. ECB President Draghi, Vice President Constancio and several other core Eurozone ECB members reiterated the now familiar line that it is too early to say whether QE will be needed and that deflation is not a problem right now. USD/JPY zipped into the week at two week highs around ¥102.60 after the Japan March trade deficit came in wider than expected, much to Japan's advantage. The yen strengthened modestly to 102 on Friday. Trades watched the Chinese yuan continue to weaken, as USD/CNY traded above 6.25 for the first time since 2012.

- Japan March national CPI figures met expectations and the FY13/14 core CPI reading of 0.8% was above the 0.7% BOJ target ahead of next week's central bank update on growth and inflation projections. April Tokyo CPI, a forward looking gauge reflecting adjustment for the April 1st start to the higher sales tax, rose to a 22-year high on core basis at 2.7%. Analysts are divided whether the data is sufficiently high enough to keep the BoJ on the sidelines without more easing. President Obama paid a long-delayed state visit to Japan with hopes of coming home with a bilateral trade deal, however agricultural interests in Japan torpedoed the agreement. The failure bodes ill for the Trans-Pacific Partnership (TPP) negotiations, and Japan government officials were very hesitant about the TPP's chances in the near term.

- The resumption of the IPO process in China following a 14-month moratorium continued to weigh on mainland markets. The pre-IPO disclosure tally rose steadily to 97 filings by the end of the week, adding a profound headwind of dilution to investment sentiment already hampered by the slowing economy. HSBC flash manufacturing PMI for April offered yet another reminder that the consistently disappointing data points in early 2014 reflected more than seasonality around the holidays. Despite rising for the first time in four months, HSBC PMI has now been in contraction territory for four months and counting. Moreover, the closely monitored new exports and employment sub-indices were decidedly negative - the former "changed direction" and is now decreasing while the latter is "decreasing at a faster rate" - signifying both a soft external demand and the challenges in implementing Beijing's ambitious "urbanization" program. The accompanying statement from resident HSBC economist saw the recently announced "targeted stimulus" by the government as too limited, forecasting more fiscal measures to be unveiled in the coming months. The Shanghai Composite ended its second consecutive down week off by 2.9%.




Apr 25 2014

Somewhat difficult day as action was too jerky to exploit right even though we had correct general idea on the direction. A few decent trades kept the day afloat so ended just a tad negative. 


Session Time: Fri Apr 25 00:00:00 2014
[08:50] {dptl} good morning
01[08:51] {@Threei}  dp :)
[09:08] {Phil} good morning
01[09:10] {@Threei}  phil :)
[09:13] {dino} gm
01[09:14] {@Threei}  dino :)
[09:20] {_troub} Good Morning
01[09:21] {@Threei}  troub :)
[09:22] {RonS} good morning everyone
01[09:23] {@Threei}  ron :)
[09:23] {Alexs} gm
01[09:23] {@Threei}  Alex!
01[09:23] {@Threei}  how have you been?
[09:23] {Alexs} :)
[09:24] {Alexs} nice to see you again
01[09:24] {@Threei}  likewise, welcome back
01[09:27] {@Threei}  no clear opening play
[09:27] {dino} cvlt blood
01[09:27] {@Threei}  FB looks breakdownish but it's way too volatile at the open
[09:28] {RonS} mas minus
[09:29] {dino} banging s3
[09:29] {dino} cx that
01[09:29] {@Threei}  here comes FB dump
[09:30] {nemo} ua too
01[09:31] {@Threei} Long Setup:  C  .20 break
01[09:31] {@Threei}  If holds  .10
[09:31] {dptl} in
01[09:34] {@Threei}  no go
[09:34] {dptl} stoped
[09:35] {thomcbell} wft looking for short setup
01[09:35] {@Threei}  (DE) Germany Chancellor Merkel: Need to think about imposing additional sanctions on Russia due to lack of progress
01[09:36] {@Threei} Long Setup:  FCX  34 break
01[09:36] {@Threei}  If holds  .90
[09:37] {dino} cvlt smr l .20 wide
[09:37] {dptl} in fcx
01[09:41] {@Threei}  1:1
[09:41] {dptl} out half
[09:43] {dino} fb sm l .51
[09:43] {dptl} out more fcx ty
01[09:44] {@Threei}  1:2
01[09:44] {@Threei}  yw
01[09:44] {@Threei}  *(US) APRIL PRELIMINARY MARKIT SERVICES PMI: 54.2 V 55.5E
01[09:46] {@Threei}  nice entry dino
[09:47] {dptl} closed fcx
01[09:47] {@Threei}  yup
01[09:47] {@Threei}  nice rug pull on SPY
[09:47] {dino} vmw smr l .06 oulp
[09:47] {dino} pulp
[09:48] {dptl} do you like yhoo short Vad?
01[09:50] {@Threei}  not sure
01[09:50] {@Threei}  chart itself looks right but no connection with SPY
[09:50] {dptl} it was .70 break i was looking
01[09:51] {@Threei}  difficult to read popular stock without leading indicator
01[09:51] {@Threei}  I understand
01[09:53] {@Threei} Long Setup:  EBAY  .20 break hl
01[09:53] {@Threei}  If holds  .10
[09:54] {dptl} got .22
01[09:54] {@Threei}  *(US) APR FINAL UNIVERSITY OF MICHIGAN CONFIDENCE: 84.1 V 83.0E
01[09:55] {@Threei}  meh
[09:55] {dptl} out ebay
01[09:56] {@Threei}  (RU) Latvia Foreign Minister notes that NATO actions do not seek to escalate the Russia Ukraine crisis; though have seen Russia significantly increase its helicopter group near Latvia
01[09:56] {@Threei}  market is jittery, with these headlines coming in
01[10:04] {@Threei} Long Setup:  TZA  .95 break
01[10:04] {@Threei}  If holds  .85
[10:05] {dptl} got .97
[10:07] {dino} cvlt smr l .51
[10:08] {dino} vmw smr l .78
01[10:10] {@Threei}  no go
[10:10] {dptl} stopped tza
01[10:11] {@Threei}  not getting a read today
01[10:13] {@Threei} Long Setup:  VXX  .10 break
01[10:13] {@Threei}  If holds  42
[10:14] {nemo} yeah, vxx should be in play today, just not sure it won't be until this afternoon
[10:14] {thomcbell} my success ratio with VXX is god awful
01[10:14] {@Threei}  that's plan B... short into close
[10:14] {nemo} think about it
[10:14] {Les} he said the "t" word
[10:14] {nemo} with the Ukranian situation, people will buy insurance into the weekend
[10:14] {nemo} stand up Les, take the pressure off
[10:15] {dino} agree
[10:15] {Les} ooph that's better
01[10:15] {@Threei}  that's what plan B is based on... but nemo... asking me to think??
01[10:15] {@Threei}  Invalidated
[10:15] {nathan} hi gents
01[10:15] {@Threei}  ney nathan
[10:15] {nemo} rhetorical pavlovian filler phrase
01[10:16] {@Threei} Long Setup:  WMT  .45 break
01[10:16] {@Threei}  If holds  .38
[10:17] {dino} edn drop
01[10:18] {@Threei}  what the deuce
01[10:18] {@Threei}  not liking today
[10:19] {dptl} it didnt realy break...couple of trades went at .46 only
[10:19] {dino} air pockets all over the place
[10:20] {nemo} got granmama next Wednesday
[10:21] {Les} what's that?
[10:21] {dptl} lol
[10:21] {nemo} Yellen
01[10:23] {@Threei} Long Setup:  AIG  .35 break
01[10:23] {@Threei}  If holds  .25
01[10:24] {@Threei}  Invalidated
01[10:24] {@Threei}  for now
01[10:30] {@Threei}  VXX... cheater
[10:30] {nemo} it held the vwap
[10:35] {Les} will look into that vxx setup afer lunch
[10:35] {Les} a+
01[10:35] {@Threei}  ok... need one more VXX/TZA pullback
01[10:36] {@Threei}  and need to get it right, and then ride it into sunset
01[10:37] {@Threei}  EU ready to sign remaining part of Association Agreement with Ukraine after presidential elections
01[10:37] {@Threei}  Putin: what elections?
[10:40] {thomcbell} panw 66.90 short break if holding 67.10 half lot
[10:42] {nathan} FB on free fall
[10:44] {dino} impressive quarter, buy somewhere
[10:45] {dino} myl spike
[10:45] {dino} myl smr s .48
[10:46] {dino} cov myl .49, +.99
[10:46] {nemo} spiked to just above R3
[10:49] {dino} cov that too soon
[10:49] {nemo} what's the news?
[10:49] {dino} none
[10:52] {dino} wow fb
[10:55] {thomcbell} panw 1:4
01[10:55] {@Threei}  MYL Meda AB-A shs Mylan said to have raised offer for the company to SEK 145/shr vs SEK130/shr prior which had been rejected - financial press- new offer values Meda in excess of $9B
[10:55] {dptl} how did you get it Thom?
[10:56] {RonS} ese should read this and then tell me how groovy O is:  The D.C.-Ottawa phone call that established Keystone XL as a "bilateral irritant:" http://bloom.bg/PyNi9Q
[10:59] {dino} wtg tbell
[11:02] {thomcbell} i shorted it before the break
[11:02] {thomcbell} at 66.90
[11:02] {dptl} i see..
[11:02] {thomcbell} ended up covering it at 66.70
[11:03] {thomcbell} didnt have bids in
01[11:03] {@Threei}  Ron... to ese anyine who irritated harper is a hero :)
01[11:04] {@Threei}  and oil is a dirty thing that should be buried back in the ground
[11:05] {RonS} ya well, thought maybe since he is a western candian he could see how this is not helping Canada...huge missed opportunity to improve lives
[11:05] {RonS} the construction union boss here has just been roasting O...he is really pissed
01[11:05] {@Threei}  he would if he worked in private sector and his well-being depended on actual economy
01[11:07] {@Threei}  crap... can't believe having right idea of the direction I haven't found the right way to exploit it with VXX/TZA
[11:08] {dino} they are going to use the tar oil either way, usa is crazy not building pipeline
01[11:08] {@Threei}  it'll be routed to China
01[11:08] {@Threei}  but watch ese comrades protesting that too
[11:09] {dino} same problem in my area, bunch of greens have stopped nat. gas fracking
[11:10] {dino} funny, they don't compensate me for my lost earnings on it, seems i only rent the land i own
[11:12] {dptl} sbux?
[11:13] {dptl} was looking .40 break long
01[11:15] {@Threei} Long Setup:  AIG  .75 break
01[11:15] {@Threei}  If holds  .70
[11:16] {dptl} in .76
[11:20] {dptl} stop .74?
[11:21] {nemo} DAX closes in 9 minutes, then we'll find out what's happening
01[11:21] {@Threei}  personal preference
01[11:21] {@Threei}  it was very tight to begin with
[11:21] {dptl} went almost to 1:1
01[11:22] {@Threei}  now yes
01[11:22] {@Threei}  retesting 1:1
01[11:22] {@Threei}  so protect fron dt
01[11:22] {@Threei}  1:1
[11:22] {dptl} ok...out half
01[11:26] {@Threei}  1:2
[11:26] {dptl} out more
01[11:27] {@Threei}  next will be "out morest?"
01[11:27] {@Threei}  that's how I would put it
01[11:27] {@Threei}  Ron... after this article, what's your impression of Harper, especially parts Phoned Again and Harsh Words?
[11:27] {dptl} ye...lol.....stop to .84 now ?
01[11:28] {@Threei}  of course
01[11:28] {@Threei}  just play by the book
[11:28] {dptl} k
01[11:28] {@Threei}  don't invent entities withiout need
[11:28] {RonS} seems like a businessmn not a politician...
[11:28] {RonS} man
01[11:28] {@Threei}  in a way he is
01[11:28] {@Threei}  a bit too straightforward sometimes
[11:29] {RonS} as are most good businessmen...
01[11:29] {@Threei}  as far as I am concerned, he is the best thing that happened to Canada in decades
01[11:30] {@Threei}  but don't leave ese alone near the plug of his breathing machine should he find himself in a hospital :)
01[11:32] {@Threei}  VXX pullback is getting better
01[11:32] {@Threei}  sorry... "gooder"
01[11:33] {@Threei}  {--- gotta maintain reputation of the language butcher
[11:33] {RonS} most corporate executives talk out of both sides of their mouths, like politicians...worked for a guy once that could do it in the same conversation...it was unreal
01[11:38] {@Threei}  one last leg down VXX, and should be ready
[11:38] {RonS} worked for another guy who patterned himself after George Patton...even borrowd a national guard tank and ran over the competitor's product for an internal promotional event...wore the helmet and everything...freakin hilarious
01[11:38] {@Threei}  lol
[11:39] {dino} lol
[11:39] {dino} business, as in real estate, requires a dictator
[11:39] {nemo} emphasis on....
[11:39] {dino} as is should be and
[11:40] {nemo} I censored myself
06[11:40] * @Threei notes unusual restrain on nemo part
[11:41] {nemo} oh, so, I wake up in the middle of the night...rabbit is standing on my frickin head
[11:41] {RonS} nemo must think Phil is a female....
[11:41] {nemo} I think keeping a few treats under my pillow was not a good idea
06[11:41] * @Threei hands Phil a 2x4
[11:41] {RonS} lol
[11:41] {nemo} now it's become a demand on her part
01[11:41] {@Threei}  appeasement nemo...
[11:42] {nemo} rabbit stew Vad
01[11:42] {@Threei}  it opens door to world wars
[11:42] {nemo} I can see the look on my nephew's face.   "Wow, this is good uncle Nemo"  "What is it?"
[11:42] {nemo} Bunny
01[11:43] {@Threei} Long Setup:  VXX  .20 break
01[11:43] {@Threei}  If holds  .10
[11:43] {nemo} or buy it now, because of that hammer
01[11:43] {@Threei}  you will get broken on shrink fees, enmo
01[11:43] {@Threei}  nemo
[11:44] {nemo} shrink fees?  oh, no just have to keep him away from my guns, swords, chucks, tonfa, bokkens, knives, etc.
[11:44] {dptl} closed aig ty
01[11:44] {@Threei}  yw
[11:45] {dptl} in vxx
01[11:50] {@Threei}  grrr
[11:50] {dptl} ouch...out
01[11:51] {@Threei}  gotta leave this idea for eod
[11:51] {Phil} ebay long setting up?
01[11:51] {@Threei}  looks like, yes
[11:51] {RonS} wow, look at the ramp in DG...some wondering why WMT is moving also
[11:52] {Phil} same pattern as VIX yesterday
[12:03] {RonS} Report: Armed separatists in eastern Ukraine seize bus carrying OSCE mediators, interior ministry says - @Reuters http://www.breakingnews.com/t/NCb
[12:08] {dino} just wait until mexico invades usa to protect their citizens
[12:08] {dptl} emc long?
01[12:08] {@Threei}  way too narrow
[12:09] {dptl} ok
01[12:11] {@Threei}  dino, you reminded me a joke of soviet times... How to impove our quality of life? - Announce a war on England and immediately surrender
[12:13] {dino} lol
[12:13] {dino} glad i could brighten your day
[12:16] {RonS} took vmw 93.80 out 94.80 +1.10  thanks dino
[12:16] {RonS} 94.90 typo
01[12:16] {@Threei}  wtg
[12:17] {dino} still in it
[12:17] {dino} great job
[12:26] {dptl} chk .05 break long?
01[12:26] {@Threei}  come on
01[12:27] {@Threei}  do you look at daily range?
01[12:27] {@Threei}  15 cents since 10 am
[12:27] {dptl} i see...
01[12:28] {@Threei}  unless you want to scalp 2 cents on 15K shares...
[12:28] {dptl} :)
01[12:32] {@Threei}  but then you will called HFT, widely hated, cursed and possibly sent to Siberia
[12:33] {_troub} .Vad, where do I find instructions on setting up audio alert on your calls?
01[12:33] {@Threei}  just need to install mirc and run our configurator, troub, it will do everything automatically
01[12:33] {@Threei}  instructions are on trading room webpage
01[12:34] {@Threei}  http://www.realitytrader.com/tradingroom/, under TRADING ROOM LOGIN
[12:34] {_troub} did, but no sound.  Computer sound is on and shows logged in widget01.mibbit.com/?wett
01[12:35] {@Threei}  that's mibbit
01[12:35] {@Threei}  not a mirc
01[12:35] {@Threei}  see point 2 in trading room login
[12:36] {_troub} i'll take another look but thought had followed.
01[12:36] {@Threei}  you logged in via mibbit, point 1
03[12:36] * Looking up _troub user info...
01[12:37] {@Threei}  those are different ways to login, either mibbit or mirc
01[12:47] {@Threei} Long Setup:  VXX  .10 break
01[12:47] {@Threei}  should be time finally
01[12:47] {@Threei}  If holds  42
[12:48] {dptl} in
01[12:53] {@Threei}  Russia has been performing troop exercises on Ukraine's border. But an invasion would not trigger a NATO military response - and probably not even strong economic sanctions, says the director of Carnegie Europe.
[12:53] {dino} sheesh, why not just say invade
01[12:53] {@Threei}  Latvia: good bye cruel world...
01[12:54] {@Threei}  Poland: shoot me now
[12:54] {dino} this could have been stopped with show of unity
[13:02] {dptl} should go now
01[13:02] {@Threei}  1:1
[13:02] {dptl} out half
[13:04] {nathan} aig bounce?
01[13:05] {@Threei}  .75 break, if holds ,70... marginal setup, not delighted
01[13:05] {@Threei}  .70 break short is a bit better odds
[13:06] {nathan} strong bid at .70
01[13:06] {@Threei}  which makes break of it stronger setup
[13:07] {nathan} not clear yet
[13:11] {nathan} you were right, short better odds
[13:14] {dptl} out more here vxx ty
[13:14] {dptl} .29
01[13:14] {@Threei}  1:2  VXX
[13:14] {nemo} it's likely to run try to hold a piece
01[13:14] {@Threei}  thinking the same
[13:15] {dptl} ok
01[13:15] {@Threei}  well... as much as this process of mine can be called thinking
[13:15] {dptl} stop to .19
[13:15] {nemo} well, Ukraine, weekend, risk
[13:15] {nemo} put your stop below vwap
[13:15] {nemo} could very well be an attempt to flush before it goes
[13:17] {nemo} oh oh, darkness just fell
[13:17] {Les} hopefully on your head
[13:17] {nemo} no, with your arrival
[13:18] {nathan} 1:1 AIG
[13:19] {Les} only FCX this morning, so up nicely. no pushing into close. mind u, spy interesting here
[13:20] {nathan} Nemo I see you love Les, what's behind your history for the new ones?
[13:20] {nathan} lol
[13:20] {nemo} my history for the "new" ones, please define "new"?
[13:20] {nathan} myself
01[13:20] {@Threei}  did you short AIG nathan?
[13:20] {nemo} what, you a masochist?
[13:20] {nathan} yep
01[13:20] {@Threei}  good
[13:21] {nathan} i made 1:1
01[13:21] {@Threei}  quite clean setup
[13:21] {nathan} kinda nemo
[13:21] {nathan} :-)
[13:22] {nathan} TEVA looks like double botton in 15min
[13:24] {dptl} closed vxx
[13:28] {dptl} gm .75 short?
[13:29] {nemo} see why the stop under vxx vwap?
01[13:30] {@Threei}  if holds under .80
[13:30] {nemo} still might get stopped, but figured it would flush to there first
[13:34] {nemo} frickin vxx
[13:34] {Les} ?
[13:35] {Les} stop ya?
[13:35] {nemo} no, did exactly what I thought, saw dp pull out
[13:35] {nemo} was like
[13:35] {nemo} nah, seen this before
[13:35] {nemo} now, does spy test it's low, and perhaps go to the 50 day?
[13:37] {Les} the obvious move getting smacked
[13:37] {nemo} so isn't my bottle of vodka
[13:40] {dptl} canceling gm  dont like it anymore
01[13:40] {@Threei}  {GM} et tu dp...
[13:41] {dptl} lol
[13:42] {dptl} i'll just wait for your calls :)
[13:44] {nemo} well, looks like spy wants vwap, bummmer on vxx
[13:46] {dptl} hmm ....gm is not moving with spy
[13:47] {dino} cnl spike
01[13:47] {@Threei}  Kyiv official: Ukraine to qualify movement of Russian troops across border as invasion, to destroy attackers
01[13:47] {@Threei}  with harsh words I assume
01[13:48] {@Threei}  they may not bother, US is to rescue: Obama issued yet anoter warning to Putin today
[13:48] {Les} listening to news
[13:48] {Les} ukraine minister accusig putin of provoking world war 3
[14:00] {dino} cnce drop
01[14:05] {@Threei}  GM starts looking tempting, dp
[14:06] {dptl} short, yes...but its wierd stack in this range
[14:06] {dptl} you going to try it short?
[14:06] {dino} smr l cnce .09
01[14:06] {@Threei}  yes
01[14:06] {@Threei}  Ashton, Kerry insist all parties implement Geneva agreement, call for restraint
[14:06] {dptl} ok
01[14:06] {@Threei}  ObamaL Kerry, stop it. Any more restraint, I'll have to cuff myself
[14:09] {nemo} vxx very sneaky
[14:10] {nemo} came down and took the stops out from under vwap...bastid
[14:10] {Les} yeh got stopped out for -.12 first time round long .10 as the indexes bumped against resistance
[14:10] {Les} stringing out the r/r to cover the loss
[14:11] {Les} 100 left. friking market trying to get up again
[14:12] {dino} out cnce .79, +.70
[14:12] {nathan} gj dino
[14:12] {dino} ty
[14:12] {dino} odd one
[14:13] {dptl} ok in gm
[14:18] {nemo} spy should have a bounce around the whole number, 50 day real close
[14:20] {Les} last piece for next pivot resistance
[14:21] {Les} done
[14:21] {Les} a+ bon weekend
01[14:21] {@Threei}  take care Les
[14:21] {dino} gj les
[14:21] {nemo} don't let the door club you over the head on the way out
[14:23] {dptl} i hope we get 1:1 on gm today...:)
01[14:29] {@Threei}  you are so demanding
01[14:29] {@Threei}  high maintenance, aren't you
[14:29] {dptl} he he :) ...do you like sbux short?
[14:29] {dptl} 71?
01[14:30] {@Threei}  half lot
[14:30] {dptl} ok
[14:31] {nemo} like that frickin vxx action?
[14:35] {dptl} invalidated sbux
01[14:35] {@Threei}  yup
[14:38] {nemo} look at THAT 50 SMA bounce
[14:42] {dptl} stock as good as they cars lol
[14:42] {dptl} gm that is
01[14:42] {@Threei}  not really... no one yet profited from their cars, while we did from GM
01[14:43] {@Threei}  Kyiv has called on Moscow to invalidate the Russian Federation Council's resolution entitling the president to use the armed force outside of Russia
01[14:43] {@Threei}  Russian Federation CouncilL yeah right... so he would invade Russian Federation Council instead?
[14:50] {dptl} oh....out gm
[14:51] {dptl} so fast got out .83
01[14:57] {@Threei}  Latvia's defense minister said on April 25 Russia was trying to stir unrest in the Baltic state by using "specially-trained, professional provocateurs" in the wake of its intervention in Ukraine.
01[14:57] {@Threei}  Next stage
[14:58] {dptl} so that is double top spy....vxx .30 long?
01[14:59] {@Threei}  watching... not clear yet
01[15:03] {@Threei}  btw guys, when you have a few minutes over the weekend, whatch this, amazing mastery: https://www.facebook.com/photo.php?v=682144768498356
01[15:03] {@Threei}  presentation's not bad either
[15:04] {dptl} oh ye...nice i've seen that
[15:04] {dptl} hard to believe
[15:06] {nathan} nice chick ;-)
01[15:06] {@Threei}  brave too
[15:07] {dptl} lol...you should watch balls
[15:07] {nathan} balls?
[15:09] {dptl} :)
[15:09] {dptl} see they put chick on the table to distract you...
01[15:11] {@Threei}  still unclear... waiting
[15:11] {dptl} triple top now
01[15:11] {@Threei}  oh boy... http://i1.i.ua/prikol/pic/5/9/297995.jpg
01[15:12] {@Threei}  text in the middle says: Stalin's Channel
[15:12] {dptl} lol
01[15:12] {@Threei}  text at the top:
01[15:13] {@Threei}  So, a channel between Canada and Mexico, you say, comrade Kurchatov... (russian nucklesr scientist's name)
01[15:13] {@Threei}  this is today's Russian propaganda
01[15:14] {@Threei} Long Setup:  VXX  .30 break hl
01[15:14] {@Threei}  somewhat unusual structure to this play:
01[15:14] {@Threei}  let's take half lot on .30 break,
01[15:15] {@Threei}  if pulls back under .20, take second half on .20 recross
[15:16] {dptl} so still half on .20 if it comes firs?
01[15:17] {@Threei}  dpn't know yet
[15:19] {nathan} oh well... enough for today
[15:19] {nathan} c u next week
01[15:20] {@Threei}  take care nathan
[15:20] {dino} cya nat
01[15:20] {@Threei}  ok
01[15:20] {@Threei}  half lot on .20 break
01[15:20] {@Threei}  if holding .10
[15:21] {dino} vhc spike
[15:23] {RonS} hearing 40% float short ...careful vhc
[15:23] {dino} thx, staying away for now
[15:23] {dino} patent company, maybe buyout rumor
01[15:26] {@Threei}  this entry is invalidated too
[15:26] {dptl} yeah
[15:26] {RonS} court ruling more likely...if anything
[15:28] {dino} could be, no news here yet
[15:30] {RonS} have a good weekend everyone...regardless how your day or week went be thankful you are here...hearing blowups happening right and left a la '01 and '08...
[15:30] {dino} blowups, as in accounts?
01[15:31] {@Threei}  have a great weekend ron
[15:31] {dino} enjoy ron
[15:31] {RonS} yep...a major blogger is down 38% this week...
01[15:31] {@Threei}  really??
01[15:31] {@Threei}  how??
[15:31] {nemo} yeah, The Real Fly
[15:31] {nemo} poor George
[15:31] {nemo} vxx
01[15:31] {@Threei}  sheesh
[15:31] {dino} hmmm, maybe blowups are some of the selling.
01[15:32] {@Threei}  people just have no concept of risk control eh?
[15:32] {dino} lol vad, lot of people i know just have no concept
[15:33] {dino} risky, but i am going to ad a few small swings
01[15:33] {@Threei}  when it's ingrained as deep as it is in me, it's just difficult to imagine
[15:33] {dino} vhc keeps going up
[15:40] {thomcbell} vxx
[15:40] {thomcbell} watching for a setup
[15:40] {thomcbell} thing constantly misbehaves
[15:41] {dptl} heh..in Georgia you can bring gun everywhere even in school
[15:42] {dptl} new gun low
[15:42] {dptl} law
01[15:45] {@Threei}  a bit difficult day
[15:45] {dptl} yeah
01[15:45] {@Threei}  a few trades worked nicely but overall, finishing on a negative side
[15:46] {dptl} we'll make it back on monday :)
01[15:46] {@Threei}  well, certainly not on Sunday
[15:46] {dptl} lol
[15:47] {Phil} Thanks Vad, cya guys
01[15:47] {@Threei}  unless I somehow come up with an idea how to get paid for sleepong, walking alone to ocean shore and watching TV
01[15:47] {@Threei}  take care phil
01[15:47] {@Threei}  along
01[15:47] {@Threei}  grrr
01[15:48] {@Threei}  and to = the
01[15:48] {@Threei}  what's with typing...
01[15:48] {@Threei}  OK guys, thank you
01[15:48] {@Threei}  have a good weekend
01[15:48] {@Threei}  see you Monday
[15:48] {dptl} lol...i was just thinking to come and keep you company...
01[15:48] {@Threei}  ummm
[15:49] {dptl} alone...lol
01[15:49] {@Threei}  :)
01[15:49] {@Threei}  go away
[15:49] {dptl} lol
[15:49] {dptl} see ya monday :)
[15:55] {dino} calling it a week, gn all
[16:26] {_troub} Vad, you still here?

Thursday, April 24, 2014

Apr 24 2014

Not overly active day but more so than yesterday. Finishing on a positive side, with last trade being 1:2 on VXX

Session Time: Thu Apr 24 00:00:00 2014
[09:04] {dino} gm
01[09:05] {@Threei}  morning dino
[09:08] {_troub} good morning
01[09:09] {@Threei}  morning troub, welcome
[09:09] {_troub} thank you  looking forward to a fun week.
[09:14] {Phil} good morning/afternoon
01[09:16] {@Threei}  phil :)
01[09:16] {@Threei}  does mirc work?
[09:17] {Phil} yes seems to, thanks for your help
01[09:17] {@Threei}  yw
[09:18] {dino} fti gap filling
[09:18] {dptl} good morning
[09:18] {RonS} hello everyone
01[09:19] {@Threei}  dp, ron :)
[09:19] {dino} .
[09:21] {RonS} China Strips Sina of Publication, Distribution Licenses Over Lewd Content
01[09:22] {@Threei}  6.7 magnitude earthquake off NW Vancouver Island yesterday evening
01[09:24] {@Threei}  Five dead, one wounded as anti-terror operation continues in Slaviansk
01[09:24] {@Threei}  well... ball is in Putin's court
[09:24] {RonS} fcx pop
01[09:24] {@Threei}  and I don't think it's going to stay there for too long
[09:26] {ese} morning
01[09:27] {@Threei}  ese :)
[09:27] {ese} morning vad
[09:27] {dino} ua?
[09:27] {ese} didn't feel that quake last night......did you?
01[09:27] {@Threei}  UA Reports Q1 $0.06 v $0.04e, R$641.6M v $597Me
[09:28] {ese} my wifes realtives said they could feel it in Vancouver
01[09:28] {@Threei}  I didn't
01[09:28] {@Threei}  yeah, more reports from mainland, even though it was to the west of island
01[09:28] {@Threei}  dp must have felt it
[09:29] {ese} felt it!....he probably caused it...fell over after drinking too much
[09:30] {dptl} lol....no.didt feel anything
01[09:30] {@Threei} Long Setup:  C  .40 break
01[09:30] {@Threei}  If holds  .35 
01[09:31] {@Threei}  1:1  
01[09:32] {@Threei}  was very nice of it to return and pick us up
01[09:32] {@Threei}  that's what I call courteous stock
[09:32] {dino} ua smr l .60
01[09:33] {@Threei}  UA Tier 1 Firm reiterates Buy rating, price target $60
01[09:34] {@Threei}  FDA formally releases its proposal extending authority over additional tobacco production including e-cigarettes- Consistent with currently regulated tobacco products, under the proposed rule, makers of newly deemed tobacco products would, among other requirements: --Register with the FDA and report product and ingredient listings; --Only market new tobacco products after FDA review; --Only make direct and implied claims of reduced risk if the FDA confirms that scientific evidence supports the claim and that marketing the product will benefit public health as a whole
01[09:34] {@Threei}  if goes through, that ends small companies selling e-cigarettes
01[09:36] {@Threei} Long Setup:  GLD  123 break
01[09:36] {@Threei}  If holds  .90 
01[09:38] {@Threei}  1:3  
01[09:38] {@Threei}  this train never stopped at 1:1 or 1:2
[09:38] {Phil} wow, what a trade, thanks Vad
01[09:38] {@Threei}  yw
[09:39] {dino} ua stop flat
[09:39] {dino} reload .69
[09:40] {thomcbell} watching cien for a short entry 
[09:44] {RonS} took ua 49.96 out 50.85 +.89  thanks dino
01[09:44] {@Threei}  eeck GLD
[09:44] {dino} yw, gj ron
01[09:44] {@Threei}  nice one guys
[09:47] {dino} reload ua .56
01[09:48] {@Threei}  bounce time very soon, SPY
[09:48] {RonS} cree gonna run the $50 stops
01[09:48] {@Threei}  watching AIG for bounce setup
01[09:49] {@Threei} Long Setup:  AIG  .60 break
01[09:49] {@Threei}  If holds  .50 
01[09:51] {@Threei}  can't believe I was looking at TZA for 16.05 break setup, and decided against it
01[09:51] {@Threei}  idiot
01[09:51] {@Threei}  1:1  AIG 
01[09:52] {@Threei}  that earthquake must have impacted me
[09:53] {dino} cree sm l .93
[09:56] {dino} wow ua
01[10:01] {@Threei} Long Setup:  VXX  .50 break hl
01[10:02] {@Threei}  1:1  
01[10:04] {@Threei}  Russian tanks, APCs, trucks mobilizing 10 kilometers from eastern border
[10:05] {dino} calling obummer's bluff
01[10:05] {@Threei}  look how scenario we outlined plays out, to the letter:
01[10:06] {@Threei}  he original plan for Sloviansk today was to recapture the town from separatists, including all government buildings they had taken over, a senior security official told the Kyiv Post. The operation, however, has been halted for the moment as the government is reformulating the plan based on their latest intelligence from the eastern border, the official said.
[10:06] {dino} i saw in todays paper syria renewed gas attacks on its people
01[10:06] {@Threei}  According to Ukrainian intelligence, the risk of Russian troops crossing the border has increased dramatically, according to a senior security official in the government.
01[10:06] {@Threei}  Russian Defense Minister Sergei Shoigu said on April 24 that the violence stemming from Ukraine's anti-terror operation in eastern Ukraine has prompted Russia to launch military drills in western Russia.
01[10:07] {@Threei}  "If this military machine is not stopped today, it will lead to a large number of dead and wounded," he continued.
01[10:07] {@Threei} Long Setup:  TZA  .80 break
01[10:08] {@Threei}  If holds  .70 
01[10:08] {@Threei}  stop to .74
01[10:08] {@Threei}  to protect from double top
[10:11] {dino} adding ua calls
01[10:11] {@Threei}  meh
01[10:11] {@Threei}  Associated Press: Putin calls the Internet a 'CIA project'
01[10:12] {@Threei}  really
01[10:12] {@Threei}  not Al Gore's?
[10:12] {dino} lol putin drinking early this am?
01[10:14] {@Threei}  The Kremlin has been anxious to exert greater control over the Internet, which opposition activists — barred from national television — have used to promote their ideas and organize protests.
01[10:14] {@Threei}  Russia's parliament this week passed a law requiring social media websites to keep their servers in Russia and save all information about their users for at least half a year. Also, businessmen close to Putin now control Russia's leading social media network, VKontakte.
01[10:14] {@Threei}  Speaking Thursday at a media forum in St. Petersburg, Putin said that the Internet originally was a "CIA project" and "is still developing as such."
[10:14] {nemo} so, he's just jealous
01[10:14] {@Threei} Long Setup:  FCX  .10 break
01[10:15] {@Threei}  If holds  34 
01[10:17] {@Threei}  two-sided
[10:17] {RonS} re-loaded ua 49.45 out 50.45 +1.00 thing is a beaut...
01[10:17] {@Threei} Short Setup: FCX  34 break
01[10:17] {@Threei}  If holds  .10 
[10:17] {dino} ron, having fun w/it here too
01[10:17] {@Threei}  wtg Ron
01[10:18] {@Threei}  found your ATM for the day eh? :)
[10:18] {dino} indeed
01[10:21] {@Threei}  long it is
01[10:22] {@Threei}  1:1  
[10:23] {dino} ua wants s3
01[10:35] {@Threei}  stop for the balancer to .14
01[10:35] {@Threei}  -r
01[10:36] {@Threei}  1:2  
01[10:39] {@Threei}  will try to 1:4
01[10:39] {@Threei}  .40 is good resistance to break and spike... if SPY helps any
[10:41] {nemo} GS never went red on that woosh down this morning
01[10:42] {@Threei}  while we are waiting for FCX, look at my two latest "tulip mania" shots
01[10:42] {@Threei}  https://www.facebook.com/photo.php?fbid=639982482747937&set=a.488848774527976.1073741828.483178015095052&type=1&theater
01[10:43] {@Threei}  https://www.facebook.com/photo.php?fbid=639989449413907&set=a.488848774527976.1073741828.483178015095052&type=1&theater
[10:44] {_troub} beautiful. Your work?
01[10:44] {@Threei}  yes
[10:44] {nemo} yep
[10:44] {Phil} very nice! have you seen that new lytro camera?
01[10:44] {@Threei}  photography, not growing tulips :)
01[10:45] {@Threei}  yeah... not a fan of those lytros
[10:45] {Phil} interesting technology
01[10:47] {@Threei}  picked a rainy day for that photo session, and was rewarded with quite a few shots of tulips with water drops on the petals
01[10:48] {@Threei}  while normal people try to pick up sunny days to visit gardens, lol
[10:48] {Phil} you could try a sunny day and a watering can lol
01[10:49] {@Threei}  I don't know how Butchart Gardens would take on me tending to their flowers :)
01[10:50] {@Threei}  and sun is rarel;y a good partner for garden photography... too much contrast from undiffused light
01[10:58] {@Threei}  closed on a trail
[10:59] {RonS} hot going cold
01[11:00] {@Threei}  I don't know about this one Ron...
01[11:09] {@Threei}  watching IWM for pullback entry
01[11:10] {@Threei}  no pullback
01[11:17] {@Threei} Long Setup:  TZA  .30 break
01[11:17] {@Threei}  If holds  .25 
[11:18] {dino} going up imo
01[11:18] {@Threei}  yup
[11:19] {nemo} pivots between market hour and after hour data very different  spy and iwm just getting to extended hours pivots now
[11:19] {nemo} difference is with spy
01[11:30] {@Threei} Long Setup:  TZA  .25 break
01[11:30] {@Threei}  If holds  .20 
01[11:39] {@Threei}  meh
01[11:43] {@Threei}  rinse?
[11:50] {thomcbell} wow aal
[11:54] {dino} tbell, ty aal took .30 out of it
01[11:55] {@Threei}  it scary to mention something in dino's presence... he will find the way to profit from it
[11:56] {dino} just trying to do my job
[11:57] {thomcbell} bananas
01[11:57] {@Threei}  let's see how you profit from THAT!
01[11:58] {@Threei}  AAL Exec: Q2 RASM forecasted +4-6%; op profit +10-12% - conf call comments
[11:58] {dino} hot drop
[12:00] {dino} hot sm l .91
[12:00] {dino} reden spike
[12:00] {dino} gs sale talk rden
[12:02] {dino} rden smr s .10
[12:04] {dino} rden all over- pulp
01[12:05] {@Threei}  RDEN Reportedly hires advisors to help pursue a possible sale of the company - financial press
[12:06] {dino} hot to flat
[12:07] {dino} rden adj ave s .30
[12:09] {dino} hot stop .98 +.07
01[12:13] {@Threei} Long Setup:  VXX  .25 break
01[12:13] {@Threei}  If holds  .15 
[12:14] {Les} AIG getting ready to run
01[12:15] {@Threei}  unless SPY gives up
01[12:16] {@Threei}  nice setup, bad time
[12:17] {dino} stop rden -.25
[12:18] {dino} reload rden sm s .90
[12:18] {ese} enjoyed watching the goin's on......busy days for me ...cya tomorrow
01[12:18] {@Threei}  take care ese
[12:18] {ese} cya vad
06[12:18] * Les slaps ese around a bit with a large trout
[12:19] {dino} ua spike
[12:22] {dino} ua stop to 51.39
[12:23] {dino} out ua +1.70
[12:23] {dino} calls still riding
01[12:23] {@Threei}  wtg
[12:23] {RonS} gj
[12:24] {dino} cree stop to .49
[12:26] {dino} rden bs to .01
[12:27] {dino} stopped/slipped out .11 -.21
01[12:27] {@Threei}  VXX valid
[12:34] {nemo} the indexes are likely to go up
[12:34] {dino} rden stalling, hl s .90 break trigger
01[12:35] {@Threei}  Facebook Acquires Activity-Tracking App Moves for undisclosed amount
01[12:35] {@Threei}  they didn't track us enough, you see
[12:36] {dino} ua cup forming?
01[12:42] {@Threei}  kind of... lopsided one
01[12:42] {@Threei}  not really noble china, mind you
[12:42] {dino} cree to .63
[12:42] {dino} handle messed up
01[12:46] {@Threei}  die already SPY
01[12:46] {@Threei}  we want panic
01[12:46] {@Threei}  we need panic
01[12:46] {@Threei}  we love panic
[12:47] {nemo} DAX recaptured all its losses and finished in the green
[12:47] {dino} what are yuo seeing to lead to panic? markets seem ok to me
[12:47] {_troub} .
[12:47] {dino} troub (le)
[12:47] {nemo} troub (adour)
[12:49] {dino} dadadadadadaaaaa, got hectic for a few, now dead
[12:50] {dino} question is, can ua get to flat?
[12:51] {dino} looking at s2
[12:51] {_troub} dino, nemo being new have to ask what is (ie) & (adour)?
[12:51] {dino} (LE) for trouble
[12:52] {dino} rden, wtf, drop already
[12:53] {_troub} dumb me of course, and it is trouble.
[12:53] {dptl} are you in vxx Vad?
[12:53] {dino} roflol, you'll fit in just fine
01[12:54] {@Threei}  yes
[12:54] {nemo} yeah, I was being positive and constructive, go figure
[12:54] {nemo} I guess I should pour boiling water on my hand more often
[12:55] {nemo} on second thought...
[12:56] {nemo} I wouldn't doubt UA closing the gap
[12:56] {dino} rden not cooperating, bs to .16
[12:58] {dino} giddy-up ua
[12:58] {dino} theres s2
[12:58] {nemo} having said that, this latest high in UA on decreasing momentum
[12:59] {dino} yes and no, more than the calm but less than 12:30 spike
[13:02] {dino} damn nemo, perhaps you were onto somethng there
01[13:03] {@Threei}  Reuters: France, Germany show EU support for Georgia as Ukraine crisis mounts
01[13:03] {@Threei}  this makes total sense to me
[13:03] {dino} for georgia?
01[13:03] {@Threei}  during crisis in Georgia they showed support for Ukraine
01[13:04] {@Threei}  and vica versa
01[13:04] {@Threei}  this way you always show your support for someone and never have to do anything
[13:04] {dino} lol
[13:05] {dino} obummers' whisper during re-election coming back to haunt him (we'll get rid of those missles after the election to putin)
[13:11] {dino} crr crazy
[13:16] {dino} rden stop -.26, done w/it
[13:20] {thomcbell} lvs cup and handle ish looking 
[13:20] {thomcbell} report tonight 
[13:20] {thomcbell} looks too wide 
01[13:21] {@Threei}  GOOG Google+ (social network) chief Vic Gundotra reportedly leaving the company
01[13:21] {@Threei}  because of G+ thunderous success I assume
[13:22] {cosmo} missils aren't the problem dino ... its the meteorites
[13:23] {cosmo} the astroids
01[13:23] {@Threei}  controlled from Titan?
01[13:23] {@Threei}  and loaded with cryptonite?
[13:24] {cosmo} i wasn't sure...thanks
01[13:24] {@Threei}  sure thing... I monitor those
[13:24] {dino} oh
[13:24] {cosmo} dash cam?
01[13:25] {@Threei}  with brief interruptions during remission... my doc says I can't take over galactic while in remission
[13:26] {cosmo} i c
01[13:28] {@Threei}  so, if someone's doc is not that strict, feel free to take over me for a while, so our expansion toward Alpha Centaurs never stops?
[13:29] {cosmo} sorry...my doc is very strict
[13:34] {RonS} coup overthrown
[13:35] {Phil} potential short on FB setting up?
[13:36] {dino} all dayer, out cree .63, +
[13:36] {dino} .70
[13:36] {RonS} gj
[13:36] {dino} ty
01[13:39] {@Threei}  grrr... sorry phil, missed your question
01[13:39] {@Threei}  that was a good setup
[13:39] {dptl} watching btu for long
01[13:40] {@Threei}  .75 break
[13:40] {Phil} no worries, just pleased I spotted one
01[13:40] {@Threei}  perfect spot
01[13:40] {@Threei}  inverted C&H
01[13:41] {@Threei}  VXX, you are irritating
[13:52] {dptl} watching hal fol long set up....60 break
[13:55] {dptl} or .50 short
[13:58] {Les} awesome c&h vxx 15 min chart
01[14:00] {@Threei}  which is what I tried to trade
01[14:01] {@Threei}  but yesterday's eartquake is probably still impacting whatever goes for brain in my skull
[14:05] {dino} high beta getting killed again, now, dfata, panw, dwre, etc
01[14:06] {@Threei}  this meme is getting old in a hurry, so I hope I'll show it last time... https://fbcdn-sphotos-h-a.akamaihd.net/hphotos-ak-ash3/t1.0-9/10256512_10152324127137808_2590800457645641951_n.jpg
[14:07] {Phil} lol
01[14:08] {@Threei}  that's Victoria for you... our city stops if we have half inch of snow on the ground :)
[14:08] {dino} directionless
[14:08] {dptl} yhoo .15 break short
[14:08] {nathan} hi gents
01[14:08] {@Threei}  hey nathan
[14:11] {dptl} in yhoo
[14:11] {dptl} stop .26
[14:15] {dino} fb hl l .15
01[14:15] {@Threei}  had alert prepared for 61 break, dino :)
01[14:15] {@Threei}  happened so fast that I didn't even bother to send it
[14:16] {dino} was watching it there too, phone rang, distracted
[14:16] {dino} good reports are getting killed
[14:27] {dptl} mu  .08 break short
[14:28] {nathan} very nice FB dino!!!
[14:29] {nathan} Vad you should include it in the manual
[14:30] {nathan} :-)
[14:31] {dino} ty
[14:37] {dptl} stoped yhoo
[14:39] {dptl} stopped mu
[14:39] {_troub} Vad, have time for a question on entry, exit?
01[14:40] {@Threei}  sure
[14:41] {_troub} thanks, to you and all.  do you usually use last price or ask and bid to enter/exit?  And use limit or stop limit to enter?
[14:42] {_troub} Mkt to exit?
01[14:42] {@Threei}  trigger in our setups is a break of a certain level,
01[14:42] {@Threei}  so when a call is "}10 break" entry signal is offer lifting to .11, and prints going off at .11
01[14:42] {@Threei}  That constitutes a break.
01[14:43] {@Threei}  Entry order is limit, a cent or two above the trigger
01[14:43] {@Threei}  so you give some room but not "get me in at any price"
[14:43] {dino} never market
[14:43] {nathan} never
01[14:44] {@Threei}  So, a call "break of .10" would result in limit order to buy at .12, submitted at the moment when offer moves to ,11 and print occures at that price.
01[14:45] {@Threei}  Such order will swipe everything there is at .11 and .12, but won't get you an uncotrollable higher price
01[14:45] {@Threei}  and will turn into a bid which might still get filled
01[14:45] {@Threei}  Exit, I prefer to lay it out in advance
01[14:46] {@Threei}  for ionstance , half sell at .20
01[14:46] {@Threei}  so if they take me out, I get ECN rebate
01[14:46] {@Threei}  which cuts down trading cost significantly
01[14:48] {@Threei}  does it answer your question?
[14:49] {_troub} yes it answers fully.  
01[14:49] {@Threei}  :)
[14:49] {_troub} appreciate it
[14:54] {Les} VXX interesting. a little late here
[14:54] {Les} if IWM let's go of this support level
01[15:01] {@Threei}  Margarita Simonyan, the chief editor of Russia Today, the Kremlin's flagship English language news organization, tweeted "Ukraine. R.I.P." early in the morning on April 24
[15:04] {dino} out fb .58, +.43
01[15:04] {@Threei}  bitter laughter:
01[15:04] {@Threei}  Ukraine gives Russia 48 hours to explain exercises
01[15:05] {@Threei}  Russia: oh, you will get your answer faster than that...
[15:08] {Les} AIG .50 short?
01[15:08] {@Threei}  if holds .55
01[15:08] {@Threei}  yeah
[15:08] {Les} maybe another leg up
[15:08] {Les} 2 way
01[15:14] {@Threei} Long Setup:  VXX  .35 break
01[15:15] {@Threei}  If holds  .25 
01[15:19] {@Threei}  ok market, where is out panic
01[15:19] {@Threei}  our
01[15:20] {@Threei}  lose that .80, SPY
01[15:20] {@Threei}  and crash
[15:20] {Les} kill em all, let Yellen sort em out
01[15:21] {@Threei}  trail to .29
01[15:23] {@Threei}  SPY, do you realize that war is breaking out overnight?
[15:25] {nathan} good night gents
[15:25] {nathan} see u tomorrow
01[15:25] {@Threei}  take care nathan
[15:25] {Les} huh? what about war?
01[15:25] {@Threei}  well, war maybe too stron word for what is about to happen
01[15:26] {@Threei}  amputation is probably better one
[15:26] {Les} russia bout to make its move?
01[15:26] {@Threei}  I believe so
01[15:26] {@Threei}  all the pieces fell in place
[15:29] {dptl} see ya tomorrow all
[15:29] {Les} bye dp
01[15:29] {@Threei}  take care dp
01[15:30] {@Threei}  gosh SPY...
01[15:30] {@Threei}  will you ever drop that .80?
01[15:30] {@Threei}  VXX is getting tired of drumming its fingers on the desk
[15:31] {Les} me too :)
01[15:31] {@Threei}  and humming "give me panic or give me death"
01[15:32] {@Threei}  1:1  
01[15:32] {@Threei}  finally
01[15:32] {@Threei}  you better watch sky over your head Les... Russian military planes violated Dutch airspace yesterday
01[15:33] {@Threei}  not too far to your neck of the woods from there
[15:33] {Les} the old bears and badgers. would like to see one
[15:33] {Les} Remember being close to airport when B-52's took off for local aussie exercise.
[15:33] {Les} my god the ground shook
[15:34] {Les} cold war relics
01[15:34] {@Threei}  yeah, those are huge beasts
[15:35] {Les} dangerous games these fools play, but love the machines those engineers created
[15:37] {Les} cutting vxx here. ty a+
01[15:38] {@Threei}  yw'
[15:40] {goinshort} took 1:1 on VXX - thanks V!
01[15:41] {@Threei}  :)
[15:42] {goinshort} cya !
[15:43] {_troub}  have to leave.  Thanks for $ and the lessons.  Looking forward to tomorrow
01[15:44] {@Threei}  take care triub, see you tomorrow
01[15:44] {@Threei}  troub
01[15:44] {@Threei}  ok VXX
01[15:44] {@Threei}  give us last spike
[15:44] {dino} cya troub
01[15:49] {@Threei}  1:2  
01[15:49] {@Threei}  finally this thing works
[15:49] {dino} gj
01[15:49] {@Threei}  ty
[15:49] {Phil} nice:)
01[15:51] {@Threei}  OK guys, closed it
01[15:51] {@Threei}  have a great evening, see ypoui tomorrow