Market Week Wrap-up

TradeTheNews.com Oil Carnage Spills Into Deflation Fears
Fri, 28 Nov 2014 13:53 PM EST

OPEC's decision to refrain from a production ceiling cut drove most of the trading action this week. As the cartel confirmed on Thursday that it would not reduce its 30M bpd production target, oil prices plummeted to multi-year lows dragging down energy related equities, and oil-leveraged currencies like the Ruble and Norwegian Krone hit multi-year lows. The move in oil reinvigorated the broader market debate about whether the biggest impact of cheap energy will be the benefit to consumers or the threat of creating a deflationary wave. This was further substantiated by more weak CPI readings out of Europe and Japan. The other big trend of the week, the start of the holiday shopping season, got off to a solid start with preliminary Thanksgiving Day and Black Friday sales showing good year over year growth. The second read on US Q3 GDP came in better than expected, further validating the US as the leading edge of the economic recovery. For the week, the DJIA rose 0.1%, the S&P500 gained 0.2%, and the Nasdaq added 1.7%.

Third-quarter US economic growth was revised higher in the preliminary GDP reading, to +3.9% from +3.5% in the advance reading, well ahead of the +3.3% expected. The economy has grown at or above a 3.5% quarterly rate for four out of the last five quarters, although many observers suggest this pace of growth is not sustainable. Spending on investment in housing and by business grew strongly over the advance reading. In other US data, the headline October durable goods was up very slightly, driven up by a spike in bookings for military aircraft, but the core business investment segment looked weak. October personal income and spending was slightly lower than expected but bounced back from September's flat reading, returning to the steady rate of growth seen over recent months. The PCE series, the Fed's preferred measure of inflation, was pretty much flat in October.

Oil prices fluctuated in the first half of the week as major oil producers horse traded ahead of Thursday's OPEC meeting in Vienna. Prior to the meeting, oil ministers from Saudi Arabia and Venezuela met with non-OPEC nations Russia and Mexico to discuss falling prices. The four countries, which together account for about a third of global oil production, agreed to "monitor" prices and come together again in three months to assess the market. Interestingly, Rosneft CEO Sechin, the de facto oil tsar of Russia who was at the four-party meeting, said that even oil prices falling below $60/barrel would not force Russia to cut production. As the week wore on, it became clear that OPEC would not cut its production ceiling, and after the official announcement on Thursday crude futures plunged nearly 10%, dragging down oil-related equities. OPEC took the stance that the cartel does not want to give up market share and put the onus on the "new" players (i.e. North American shale oil) to reduce their production to stabilize the oversupplied market. For its part, OPEC indicated it may better enforce the cartel's 30 million bpd targeted production ceiling, which could trim 300 thousand bpd of overproduction if members adhere to their quotas. Brent crude ended Friday testing the $70/barrel level and WTI finished around $66/barrel.

Earnings reports were mixed this week. Deere's fourth-quarter results were stronger than expected but declined on a y/y basis, while the initial FY15 outlook was not very positive. The firm warned that farm equipment sales and profits would keep falling in 2015, but on the conference call insisted that next year would represent the trough in the cycle. Hewlett-Packard shares surged to a fresh three year high as headline results were about in line, but underlying trends continued to improve. Executives said that for the first time in several years HP saw operating margin expansion in every one of its business segments. Tiffany shares rose on Tuesday despite a slight miss on the top and bottom line for Q3 and trimming its fiscal year revenue guidance. Same store sales in the Americas region were a bright spot for the luxury retailer, rising in 11%, helping to offset a drop in Asia comps.

For the forex market, disinflation remained a key theme in both Asia and European. Dealers note that decline in oil prices following the OPEC meeting would make it even more difficult for central banks in Europe and Japan to push up inflation. Emphasizing that issue, the Euro Zone Nov Flash CPI estimate came in line with expectations, but matched a 5-year low. The focus is now turning to next Thursday's ECB rate decision for any hints that the central bank would be the next to carry the QE baton. ECB council members have stated that they want more time to assess the effects of prior stimulus measures to materialize, but European bond yields moved back to record lows in both core and peripheral nations on QE hopes.

The Shanghai Composite was lifted to fresh 3-year highs of 2,650 this week by the momentum of last Friday's surprise interest rate cut. PBoC has solidified the easing bias of its "prudent" policy stance with more cosmetic liquidity injections. On Tuesday, the central bank's offering yield in its 14-day repo operations was reduced by another 20bps to 3.20% - the 4th such cut in the cycle. Then on Thursday, PBoC deferred on further regular drain for the first time in 4 months, resulting in the net weekly injection of CNY35B, the biggest in 3 months. Increasingly proactive monetary policy has been further justified by more instances of deteriorating economic data out of the mainland, as China October industrial profits slumped by 2.1% y/y - the biggest decline since August 2012. Meanwhile in Hong Kong, the diminishing support for the Occupy Central movement has finally emboldened law enforcement to retake the protest site, as police moved in to clear the Mong Kok area, arresting student leaders and over 100 of their followers.

In Japan, the BOJ released the minutes from its controversial October policy meeting, when the central bank unveiled a fresh round of Quantitative Easing in a tight 5-4 vote. The minutes revealed that the dissenters feared the side effects of more QE, reinforcing the depth of the split in the policy committee and also suggesting the minority camp is well-entrenched in its position to take a less aggressive approach. Separately, the Cabinet Office November report maintained its overall economic assessment, but lowered its view on the Employment segment for the first time in 2 years. On Friday, Japan core CPI figures marked fresh multi-month lows, as slumping oil prices offered stiff resistance to the weak Yen in expanding Japan inflationary trend.

Nov 26 2014

Finished the low volume trading session early and decided to take a long relaxing weekend. Happy Thanksgiving, and till Monday!



Session Start: Wed Nov 26 00:00:00 2014

[08:42] {JoebiWan} gm
01[08:43] {@Threei}  jw :)
[08:45] {JoebiWan} we working friday?
01[08:45] {@Threei}  let's decide when folks are in
[08:51] {dino} gm, snow is falling
01[08:52] {@Threei}  dino :)
[08:54] {JoebiWan} mornin dino
[09:00] {RonS} gm...wow...the gang's all here
01[09:00] {@Threei}  ron :)
[09:01] {chasj} gm all
01[09:01] {@Threei}  chas :)
[09:02] {RonS} 3i, dredged this from the net...in case you might not have understood my "no joy in Mudville" post (classic Americana):  http://www.poetryfoundation.org/poem/174665
01[09:06] {@Threei}  lol... thanks Ron :)
01[09:07] {@Threei}  so, I guess crowd tore the umpire in half after the third strike?
[09:09] {RonS} i think he took a swing, and if not, back in the day this was written, people just yelled and sreamed...unlike Ferguson...
01[09:10] {@Threei}  those were simple times...
01[09:10] {@Threei}  people actually assigned blame where blame was due...
01[09:10] {@Threei}  how unsophisticated
01[09:10] {@Threei}  unenlightened
[09:13] {Jenh} gm
01[09:13] {@Threei}  jen :)
[09:15] {nemo} DE KLAC CTRP
[09:15] {dino} lol nemo, same 3 i'm watching
[09:16] {dino} vnet, sdrl too
[09:16] {nemo} Frankly, I was thinking specifically of you
[09:16] {nemo} yeah saw SDRL
[09:16] {RonS} wow nemo, ghostly and ghastly...wasn't that song one of johnny Cash's last?
01[09:16] {@Threei}  uh oh dino... he wakes up thinking of you...
[09:17] {nemo} ahhh...Seadrill suspends divident payments
[09:17] {RonS} and missed badly
[09:17] {RonS} de guided next Q rev -21%
[09:18] {RonS} yr -15%
[09:19] {RonS} lake drained
01[09:20] {@Threei}  lol
[09:20] {jfjf64} mornin
[09:20] {nemo} oh...did sexy Rexy get fired?
[09:20] {dino} that lake pisses me off, none available and no options
[09:21] {RonS} would be a bad deal in one of those suits...
[09:22] {RonS} rex has been acting like a dead man walking for three weeks...
01[09:22] {@Threei}  jf :)
[09:23] {pamsv} hi all!
01[09:23] {@Threei}  pam :)
[09:23] {dino} klac dividend 16
01[09:23] {@Threei}  Upside:
01[09:23] {@Threei}  -BLOX +11% (earnings)
01[09:23] {@Threei}  -LFC +8.0% (Shanghai to test tax-deferred pension schemes next year)
01[09:23] {@Threei}  -VEEV +6.4% (earnings)
01[09:23] {@Threei}  -TASR +5.3% (Ferguson, Winston-Salem police department purchase)
01[09:23] {@Threei}  -ADI +4.3% (earnings)
01[09:23] {@Threei}  -DWA +3.4% (broker upgrade)
[09:23] {nemo} ahhhh
01[09:24] {@Threei}  Downside:
01[09:24] {@Threei}  -SOL -15% (earnings)
01[09:24] {@Threei}  -VNET -14% (earnings)
01[09:24] {@Threei}  -CTRP -11% (earnings)
01[09:24] {@Threei}  -SDRL -11% (earnings)
01[09:24] {@Threei}  -AVAV -6.5% (earnings)
01[09:24] {@Threei}  -PWRD -2.8% (earnings)
01[09:24] {@Threei}  -DE -2.6% (earnings)
01[09:24] {@Threei}  -TIVO -2.4% (earnings)
[09:24] {ese} mornin...any filthy stinkin rich yet?
[09:24] {ese} whats with ya
[09:24] {ese} get at it eh!!!
01[09:25] {@Threei}  hey ese :)
01[09:25] {@Threei}  how's your jaw?
[09:25] {cosmo} I thought they stopped using tasers...
[09:25] {ese} mornin vad
[09:25] {cosmo} don't work, ya know...
01[09:25] {@Threei}  oh boy... -40 with windchill in Winnipeg
[09:25] {RonS} been chewing jerky, ese?
[09:25] {ese} nice
[09:25] {ese} lol!
[09:26] {RonS} din, CUB
[09:26] {ese} no...but I still have stitches in my mouth
[09:26] {RonS} +o
[09:27] {ese} at least no Tylynol 3's today with codine
[09:27] {nemo} unfortunately they didn't stitch your typing hands together
[09:27] {ese} ouch......
[09:28] {dino} ok
[09:28] {ese} true ....but I've kept a stash of them to deal with the pain of having to deal with nemo and les
[09:28] {dino} get well ese
[09:29] {dino} btw guys, quitting around 1 today. golf trip friday through tuesday. so back on wednesday next week
[09:29] {ese} nice....where to
[09:30] {dino} myrtle beach
01[09:32] {@Threei} Long Setup:  SDRL  .90 break hl
01[09:32] {@Threei}  If holds  .80
01[09:33] {@Threei}  lol
[09:33] {JoebiWan} wow
01[09:33] {@Threei}  teleportation
01[09:35] {@Threei} Long Setup:  VXX  .20 break
01[09:35] {@Threei}  If holds  .10
[09:35] {dino} ron, you get cub, nice spot
[09:36] {RonS} no, tried to sucker bid...missed...
[09:36] {dino} same here, was at 44.90
[09:37] {RonS} gone here later...'till next thurs, Puerto Vallarta...
[09:37] {dino} have fun buddy
[09:37] {RonS} lol...was at 44.10
01[09:37] {@Threei} Long Setup:  SDRL  .80 break hl
01[09:37] {@Threei}  Invalidated
01[09:38] {@Threei}  Invalidated  VXX
[09:39] {dino} premarket
01[09:40] {@Threei} Long Setup:  DAL  .35 break
01[09:40] {@Threei}  If holds  .25
01[09:42] {@Threei}  nope
01[09:44] {@Threei}  *(US) NOV CHICAGO PURCHASING MANAGER: 60.8 V 63.0E
01[09:45] {@Threei} Long Setup:  SDRL  .40 brea hl
01[09:45] {@Threei}  If holds  .30
01[09:46] {@Threei}  Hearing reports 7.0 magnitude earthquake strikes Indonesia
[09:48] {cosmo} No quake on my screens...
[09:49] {RonS} shake it...
01[09:49] {@Threei}  DAL again
01[09:49] {@Threei}  same setup
01[09:51] {@Threei}  SDRL seems to find support finally
01[09:51] {@Threei} Long Setup:  SDRL  .15 break hl
01[09:51] {@Threei}  If holds  17
01[09:54] {@Threei}  *(US) NOV FINAL UNIVERSITY OF MICHIGAN CONFIDENCE: 88.8 V 90.0E
01[09:55] {@Threei}  1:1  SDRL
01[09:55] {@Threei}  stop to .09
01[09:55] {@Threei}  too .14
[09:56] {dino} out db calls from last week, +.70/34%
[09:56] {RonS} gj
[09:56] {JoebiWan} nicer
[09:56] {JoebiWan} -r
[09:56] {dino} ty
[09:56] {Jenh} gj
01[09:56] {@Threei}  1:2
01[09:57] {@Threei}  no go DAL
01[09:58] {@Threei}  SDRL stop .29
[09:59] {dino} out fl calls from friday +.64 / 40%
[09:59] {JoebiWan} wtg
01[09:59] {@Threei}  closed on a trail
01[10:00] {@Threei}  10:00 *(US) OCT PENDING HOME SALES M/M: -1.1% V 0.5%E; Y/Y: 2.2% V 2.5%E
[10:02] {dino} ty
[10:03] {RonS} net comment:  "On to the next Ferguson. Feelings required. No evidence necessary."
[10:04] {dino} thats what they wanted, sad but true
01[10:08] {@Threei} Long Setup:  IWM  .20 break
01[10:08] {@Threei}  If holds  .10
01[10:09] {@Threei}  change to .15 break
01[10:10] {@Threei}  If holds  .08
01[10:12] {@Threei}  1:1
[10:19] {nemo} this will scare the shit out of you:  http://goo.gl/Ru3s3b
01[10:19] {@Threei} Long Setup:  TASR  22 break
01[10:19] {@Threei}  If holds  .90
[10:22] {RonS} tasr not just selling body cameras but a eco system whereby they take and manage the info on the cloud...
01[10:25] {@Threei}  what's with stubborn seller returning
01[10:32] {@Threei}  no go TASR
[10:41] {nemo} Nothing in life is so exhilarating as to be shot at without result. - Winston Churchill
[10:44] {nemo} He obviously never got divorced
[10:45] {RonS} hrl went ham...
[10:45] {nemo} what exactly entails going "ham"
[10:46] {JoebiWan} lol ron
[10:46] {nemo} eponymous in his case
[10:46] {RonS} when you hunt entrails go ham so figure it out...
[10:47] {nemo} you can just hear the gears grinding away
[10:48] {nemo} I think this cold is breaking up...I'm clearing some world-class loogers
[10:50] {RonS} poor ese and 3i...won't be able to eat oysters until thy can forget that...
[10:51] {nemo} or escargot
[10:51] {dino} r.e. sidetracted. might have just sold that little foreclosure i bought end of october
[10:52] {ese} i've read Winston Churchhill's " The Second World War"...all six volumes.....thought i'd get an insiders view point but it was not that revealing.....was looking for more behind the scenes revelations but it wa not to be
[10:52] {ese} eloquent writer though...as in vads quote above
[10:53] {nemo} whose?
[10:53] {nemo} [10:42] {nemo} Nothing in life is so exhilarating as to be shot at without result. - Winston Churchill
[10:53] {RonS} lol
[10:53] {ese} Churchhill
[10:53] {dino} ese, read the bloodlands.
[10:53] {ese} whos that by
[10:54] {nemo} RCL looks short
[10:55] {dino} tim snyder
[10:56] {ese} am reading "The Code Book" " The Secret History of Codes and Code-Breaking" by Simon Singh......this is a very interesting take on how some events in history turned out as they did
[10:56] {RonS} nemo has a code...
[10:56] {ese} no doubt
[10:56] {nemo} yeah...omerta
[10:57] {ese} lol
[10:57] {RonS} sdrl 142 blocks...wow
[10:57] {RonS} head code...
[10:57] {nemo} wow...that was actually kinda' funny
[10:58] {nemo} now if I only had some CODEin
[10:58] {nemo} CODEine
[10:58] {RonS} hehe
[10:58] {ese} sdrl really getting punished ron
[10:58] {nemo} that was subtle ese
[10:59] {RonS} well when you drop a $2 dividend...
[11:00] {nemo} RON!  He was goading you to come up with a Ronism...
[11:00] {ese} 05:56 [SDRL]  Wells fargo reiterates Underperform rating in SDRL citing suspension of dividend; Believes DO, RIG will ultimately follow suit - Source TradeTheNews.com
[11:01] {ese} ya just read that ron......
[11:02] {ese} rig being punished as well
[11:02] {ese} just looking at the sector
[11:04] {RonS} wow sdrl book/sh 21.60
[11:04] {ese} they must be freaking in the middle east.... Saudi Arabia....the world going solar and renewable electric they'll be dirt poorer sooner than we think
[11:05] {RonS} get 'em 3i...
01[11:06] {@Threei}  it's painkillers talking
[11:06] {ese} need to buy into camel livestock stocks.....get in on the ground floor
01[11:07] {@Threei}  they are losing money but solar has nothing to do with it
[11:07] {ese} what are you p killers for vad?
[11:07] {ese} on
[11:07] {RonS} lol
[11:07] {JoebiWan} the confusion is real
01[11:07] {@Threei}  lol
[11:08] {RonS} huge bids sdrl
[11:09] {nemo} conference call at noon
[11:09] {RonS} thanks for that...
[11:10] {nemo} np
01[11:11] {@Threei}  frikin TASR
[11:16] {RonS} wow de hod
[11:17] {ese} Hey wow...concert violinist now a CEO:08:13 [TEVA] Yitzhak Peterburg Elected Chairman of Teva’s Board of Directors Board of Directors has elected Professor Yitzhak Peterburg as Chairman, effective January 1, - Source TradeTheNews.com
[11:18] {ese} or maybe thats "Perlman"
[11:19] {ese} sheesh.......tough crowd
[11:22] {ese} you all will never understand my musical humor
[11:23] {nemo} I understand exactly what you said
[11:23] {ese} that may not be a good thing
[11:23] {nemo} frankly I was trying to remember the company that makes joint replacement parts to say that's who Perlman would probably join
[11:24] {RonS} syk and zmh
[11:24] {ese} rotflol
[11:25] {ese} I think i've got his name wrong to.....I think it's Itzhak.....with no Y
[11:25] {Jenh} srry ese. I'm sure it was funny. I'm just not a music person
[11:26] {nemo} No...it's ese, so it's not funny
[11:26] {nemo} I'm funny
[11:26] {Jenh} wow :)
[11:26] {ese} stick with me Jenn........I'll learn ya up!
[11:26] {nemo} poor Vad, he's ruined so many keyboards because of me
[11:27] {ese} lol
[11:27] {ese} yup
[11:27] {ese} and ive seen em!
[11:28] {ese} big pile of em in his back yard......just chucks em out the back door to a certain spot
[11:28] {ese} must be 50 at least
01[11:29] {@Threei}  and mark with chalk those that are nemo's fault
[11:29] {ese} yup seen those 2
[11:29] {RonS} marks last 10 seconds in the rain?
[11:29] {ese} what?   what rain?  wha da ya talkin about?
[11:29] {nemo} crimminy...wtf Ron
[11:30] {ese} theres no rain here
01[11:30] {@Threei}  I keep them under makeshift cover, to make sure I collect the evidence against nemo
[11:30] {nemo} The rain in ese's brain...oh wait
[11:30] {ese} ouuuuuuu....fancy yer self a song writer do ya
[11:30] {nemo} no...Dichter
[11:31] {ese} ?
[11:31] {ese} what the H is that
[11:31] {nemo} I don't make it simple, do I?
[11:31] {nemo} It's German for "poet"
[11:32] {ese} hmmmm didn't know that....cool ...learn something new every day
[11:32] {nemo} JPM
[11:32] {nemo} don't worry, you'll forget
[11:32] {Jenh} i'm lost....3i y do u loose so many keyboards?
[11:32] {nemo} occupational hazard...between spitting liquids, and chin-breaking boredom...
[11:33] {Jenh} ah ic now
[11:34] {ese} you all have a great rest of the day eh.......and happy thanksgiving to all you Ameican neighbors.......I'm thankful your around...take care huh!
01[11:35] {@Threei}  nemo has this horrible manner to say something funny right when I drink coffee
[11:35] {RonS} cya ese
[11:35] {nemo} this is gonna' hurt....
01[11:35] {@Threei}  take care ese
[11:35] {nemo} hope you feel better ese
01[11:35] {@Threei}  btw guys
01[11:35] {@Threei}  let's decide on Fri
[11:35] {Jenh} beye! happy thanksgiving
[11:35] {nemo} I'll be in the woods trying to kill Bambi
01[11:35] {@Threei}  do we want this low volume half day tirture, or let's have looong weekend?
01[11:36] {@Threei}  torture
[11:37] {Jenh} i'm game either way
[11:37] {nemo} I'll leave that one alone
[11:37] {Jenh} i'm too new to really decide i think
06[11:37] * @Threei hands Jen 2x4 to slap nemo with
[11:37] {nemo} Very simple Jen, what do you want to do with your time?
[11:37] {Jenh} y this time?
01[11:38] {@Threei}  anyone has an opinion?? :)
[11:38] {nemo} no, in general, so everytime
[11:38] {Jenh} oh ok :)
01[11:39] {@Threei}  let me reiterate: frikin TASR
[11:39] {Jenh} i want to learn, but I could spend the time reading instead of trading, so really...whatever every else agrees on
[11:40] {nemo} As I said, I'll be looking to kill Bambi
[11:40] {Jenh} wait!? bambi? y bambi?
[11:40] {nemo} brothers sisters, whatever
[11:40] {nemo} dad mum
[11:41] {Jenh} so it was u who killed his mom
[11:41] {nemo} I plead the 5th
[11:41] {Jenh} lol
[11:42] {nemo} We don't seem to be able to check crime, so why not legalize it and then tax it out of business? - Will Rogers
[11:43] {JoebiWan} vad, Ill be online either way friday
[11:47] {dino} Gotta hop, Happy Thanksgiving all, see you on Wednesday. fwiw 5" of snow and still falling hard
[11:47] {RonS} cya dino
[11:47] {nemo} yeah, getting a bit icy here
01[11:48] {@Threei}  take care dino, drive safe and have fun
[11:48] {Jenh} bye dino! have a happy thanksgiving!
[11:48] {JoebiWan} see ya dino gl with golf
[11:48] {dino} ty all
[11:53] {Jenh} i'm heading out too. have a wonderful thanksgiving everyone! I'll check to see if anyone is on Fri. If not, have a great weekend too!
[11:55] {pamsv} ok see you all - have a good one
[11:55] {nemo} P&Q
[12:09] {nemo} VMW
01[12:23] {@Threei} Short Setup: TASR  22 break
01[12:23] {@Threei}  If holds  .10
01[12:30] {@Threei}  valid still
[12:33] {JoebiWan} quick
01[12:33] {@Threei}  1:1
[12:33] {nemo} tasr
[12:33] {nemo} sorry
[12:41] {chasj} Bye all & happy thxgiving
[12:41] {JoebiWan} cya chas
01[12:47] {@Threei}  OK guys, let's have a very very very long relaxing weekend
01[12:47] {@Threei}  see you Monday!
[12:47] {JoebiWan} cya all
[12:47] {RonS} cya 3i
01[12:47] {@Threei}  happy thanksgiving
01[12:48] {@Threei}  show that turkey who is da boss

Nov 25 2014

Very quiet day, slightly positive but with a few more stops than we prefer. Short week...


Session Time: Tue Nov 25 00:00:00 2014
[08:57] {JoebiWan} gm
01[08:58] {@Threei}  jw :)
01[08:58] {@Threei}  chas, you can drop the _
01[08:58] {@Threei}  log in without it
[09:08] {dino} gm
01[09:10] {@Threei}  dino :)
[09:13] {dino} 8-10" of snow hitting me starting tomorrow
[09:13] {RonS} gm...go inside?
[09:13] {dino} lol
01[09:14] {@Threei}  lol
01[09:14] {@Threei}  ron :)
[09:16] {Jenh} gm
01[09:16] {@Threei}  jen :)
[09:17] {RonS} dino wday...they beat...
[09:18] {dino} ty on screen
[09:18] {RonS} got +1.10 wday pre already...
[09:18] {JoebiWan} gj ron
01[09:18] {@Threei}  is this legal?
[09:18] {__chasj} gm
01[09:19] {@Threei}  chas :)
01[09:19] {@Threei}  chas, go in without _
01[09:19] {@Threei}  log in
[09:19] {Jenh} gj
[09:19] {__chasj} 3i got your message
[09:20] {RonS} qihi spike
[09:20] {RonS} qihu
01[09:20] {@Threei}  just log out and log back in again as chasj
[09:20] {__chasj} ok
01[09:21] {@Threei}  much better
[09:21] {dptl} good morning all
[09:22] {dino} wtg ron
01[09:22] {@Threei}  dp :)
[09:23] {dino} vxx app 52 week low
[09:24] {chasj} 3i can u set my time in the room to eastern time rather than mountain time?
01[09:24] {@Threei}  I don't set it
[09:25] {chasj} oh ok
01[09:25] {@Threei}  it takes time from your comouter clock
01[09:25] {@Threei}  computer
[09:25] {chasj} ok thx
[09:26] {nemo} I feel like puppy poop
01[09:26] {@Threei}  so, back to normal
[09:26] {RonS} lol
[09:26] {pamsv} hi all
01[09:26] {@Threei}  pam :)
[09:26] {nemo} and by the way...vodka doesn't really work as a decongestant, but I'll keep testing
[09:26] {JoebiWan} lol
01[09:27] {@Threei}  you need to pour it through the nostrils
01[09:27] {@Threei}  Upside:
01[09:27] {@Threei}  -DSKY+11% (earnings)
01[09:27] {@Threei}  -LIVE +11% (robust increase in traffic from recent mobile ad campaign)
01[09:27] {@Threei}  -LAKE +7.9% (press story re: high Ebola suit demand)
01[09:27] {@Threei}  -VMEM +7.8% (earnings)
01[09:27] {@Threei}  -DSW +7.0% (earnings)
01[09:27] {@Threei}  -NUAN +5.3% (earnings)
01[09:27] {@Threei}  -PBR +5.3% (Citigroup upgrade)
01[09:27] {@Threei}  -QIHU +4.8% (earnings)
01[09:27] {@Threei}  -KANG +4.7% (earnings)
01[09:27] {@Threei}  -TIF +3.7% (earnings)
01[09:27] {@Threei}  -CBRL +3.1% (earnings)
[09:27] {nemo} nah, my nose has never been the same since the 70's
01[09:27] {@Threei}  Downside:
01[09:27] {@Threei}  -XCRA -9.0% (earnings)
01[09:27] {@Threei}  -WDAY -8.7% (earnings)
01[09:27] {@Threei}  -POST -7.5% (earnings)
01[09:27] {@Threei}  -P -4.8% (brokerage downgrades)
01[09:27] {@Threei}  -YGE -4.7% (earnings)
01[09:27] {@Threei}  -CYBR -4.3% (brokerage downgrades)
01[09:27] {@Threei}  -BRCD -4.2% (earnings)
01[09:27] {@Threei}  -DGLY -3.9% (potential profit taking from Ferguson)
01[09:27] {@Threei}  -DANG -2.3% (earnings)
01[09:28] {@Threei}  -MDGN -10% (secondary pricing)
[09:30] {jfjf64} morning
01[09:30] {@Threei}  jf :)
01[09:31] {@Threei} Short Setup: P  .10 break hl
01[09:31] {@Threei}  If holds  .20
01[09:33] {@Threei}  ,eh
[09:33] {RonS} sig smokin
01[09:33] {@Threei}  and DANG...?
[09:33] {RonS} shoes runnin...bws dsw
01[09:34] {@Threei}  rinse P
01[09:34] {@Threei}  grrr
01[09:35] {@Threei} Long Setup:  FB  .35 break
01[09:35] {@Threei}  If holds  .35
01[09:36] {@Threei}  change to .30
01[09:37] {@Threei}  If holds  .20
[09:37] {nemo} AAPL likely to try 120 and then pull back
01[09:38] {@Threei}  1:1
01[09:40] {@Threei}  O... another grrr
01[09:41] {@Threei}  got the idea right, but darn thing had to rinse first
[09:41] {dptl} p :)
01[09:41] {@Threei}  yeah, P
01[09:41] {@Threei}  "I am so disgusted with you, I can't even say your name"
[09:42] {dino} tif sm s .71b/s .01
01[09:42] {@Threei}  FB held SPY drop well
01[09:42] {@Threei}  must be a runner
01[09:43] {@Threei}  1:2
01[09:43] {@Threei}  let's try for 1:5
[09:43] {nemo} o.k. dino, ur good to go
01[09:44] {@Threei}  how come? 2 min more
[09:44] {nemo} I had 37 seconds
[09:44] {dino} yeah, jumped the gun again
06[09:44] * @Threei send nemo new watch
[09:45] {RonS} lake rising
[09:45] {nemo} Greg Lake?
01[09:46] {@Threei}  that's a third for ron this morning
[09:46] {RonS} is he dead?
[09:46] {nemo} don't think so
01[09:46] {@Threei}  sig smoking... shoes running... lake rising
[09:46] {jfjf64} im lost
[09:46] {nemo} as a matter of fact, he has done a lot of recording with Pete Townshend
01[09:46] {@Threei}  can't believe he omitted DANG though
01[09:48] {@Threei}  out FB on a trail
01[09:50] {@Threei} Short Setup: JPM  .40 break
01[09:50] {@Threei}  If holds  .50
[09:50] {chasj} IWM
[09:51] {dino} cov tif .71, +1.00
[09:51] {jfjf64} that a boy dino
[09:51] {JoebiWan} out tif +.55
[09:52] {JoebiWan} ty dino
[09:52] {dino} ty
01[09:52] {@Threei}  wtg
[09:52] {dino} gj joe
[09:53] {nemo} numbers at 10
[09:54] {dino} whats up w/gild last week or so, -15 or so?
[09:56] {RonS} thinking it's neg sentiment flow on high priced drugs...
01[09:56] {@Threei}  trail JPM to .46
[09:56] {dino} aeri spike
[09:57] {dino} dk ron, maybe call time on it
01[09:59] {@Threei}  *(US) NOV RICHMOND FED MANUFACTURING INDEX: 4 V 16E
[09:59] {jfjf64} die jp
01[09:59] {@Threei}  *(US) NOV CONSUMER CONFIDENCE: 88.7 V 96.0E
[10:01] {dino} numbers odd
[10:01] {RonS} how could the e be 96?
01[10:02] {@Threei}  - Expectations index: 87.0 v 93.8 prior (revised from 95.0)- Present situation index: 94.4 v 91.3 prior (revised from 93.0)- Those saying jobs are "plentiful": 16.0% v 16.5% prior- Those saying jobs are "hard to get": 29.0% v 29.2% prior (revised from 29.1% prior)- Prior consumer confidence revised lower from 94.5 to 94.1
01[10:02] {@Threei}  looks right
[10:05] {jfjf64} weird
[10:05] {jfjf64} jpm
[10:05] {jfjf64} ?
01[10:06] {@Threei}  ?
[10:06] {jfjf64} not following spy
01[10:06] {@Threei}  jf, you'll have to speak english... I barely understand that, let alone these modifications
[10:06] {jfjf64} lol
01[10:06] {@Threei}  it does
01[10:06] {@Threei}  1:1
[10:07] {jfjf64} ahh
[10:07] {jfjf64} love jpm
01[10:07] {@Threei}  1:2
01[10:07] {@Threei}  (close enough)
[10:07] {JoebiWan} brb
01[10:07] {@Threei}  it did same thing yesterday... sat for a while, then went fast
01[10:08] {@Threei}  it's a solid bank, you see... it would be unbecoming for it to jump as soon as we enter
[10:10] {RonS} dino:  Express Scripts covers 85 million patients and the list of drugs they won't buy is growing: http://bloom.bg/1vaWdiL
[10:12] {chasj} jpm, nice 1:3
[10:13] {chasj} thx 3i
01[10:13] {@Threei}  yw... but it's just 1:2 still
[10:14] {nemo} could argue jpm long .30 break here
01[10:14] {@Threei}  yeah, looks that way
01[10:14] {@Threei}  closed last 1/4
01[10:17] {@Threei}  wow FB
[10:17] {dptl} :)
[10:17] {jfjf64} going to 80.00
[10:20] {Jenh} thanks for jpm 3i!
01[10:20] {@Threei}  :)
[10:22] {dino} damn, should have stayed short tif
[10:23] {jfjf64} yep
01[10:26] {@Threei} Long Setup:  TWTR  .80 break
01[10:26] {@Threei}  If holds  .70
01[10:28] {@Threei}  what's with stubborn seller
[10:29] {dptl} heh
[10:29] {dino} fb luv
[10:29] {Jenh} darn twtr
[10:29] {Jenh} too quick
[10:29] {JoebiWan} anybody catch that?
[10:30] {dptl} only now
01[10:30] {@Threei}  in on pullback
01[10:30] {@Threei}  stop .74
[10:30] {dptl} on pull back
01[10:33] {@Threei}  meh
01[10:35] {@Threei}  hectic
01[10:36] {@Threei}  grr
[10:37] {dptl} a bit tight stop
[10:37] {chasj} double grr
[10:39] {jfjf64} vol spike tif
[10:40] {jfjf64} lod jpm
[10:41] {dino} gild gap 97
[10:42] {nemo} HD drops .30 should be good, especially if SPY tests other side of 207
01[10:44] {@Threei}  FB is unstoppable
[10:44] {dino} wday drop
[10:45] {nemo} aapl goog and fb are holding everything up
[10:45] {nemo} V
[10:45] {RonS} becn roof crashing
[10:46] {dino} too much snow on it
[10:46] {jfjf64} 107.49 s tif
[10:47] {RonS} post toastie
[10:48] {RonS} ...bet 3i doesn't get that one...
01[10:48] {@Threei}  sigh
[10:48] {jfjf64} pullbk fb
01[11:05] {@Threei} Short Setup: GDX  .85 break
01[11:05] {@Threei}  If holds  .90
[11:10] {RonS} someone bought 34k xle puts 12/5 85's for .95...3.23 mil bet
[11:12] {RonS} bet? probably the Saudi's are front running them blowing up the price of oil
01[11:13] {@Threei}  or Putin
01[11:31] {@Threei} Long Setup:  IWM  .80 break
01[11:31] {@Threei}  If holds  .70
[11:31] {dino} upld spike
01[11:39] {@Threei}  stop to .74
01[11:42] {@Threei}  half out IWM
01[11:42] {@Threei}  stop to .79
[11:43] {dino} ndrm drop
01[11:43] {@Threei}  1:1
[11:46] {nemo} wow...they had a barbecue in Ferguson last night
[11:46] {dino} yeah, no respect for rule of law
[11:46] {nemo} well, there's no respect for it at the top of the food chain either
[11:47] {nemo} problem there is all they are doing is screwing themselves
[11:47] {chasj} nemo that is true
01[11:47] {@Threei}  lesson from USSR... those who own nothing value nothing
[11:48] {nemo} old chinese saying:  "Steal a hook, hang as a crook, steal a kingdom, be made a duke."
[11:48] {dino} my point is that the mob had it planned to riot on any decision that went with police.
[11:48] {nemo} I understand dino
[11:48] {dino} mob wasn't about right or wrong
[11:49] {nemo} nope
[11:49] {nemo} http://goo.gl/SRSHQh
[11:58] {jfjf64} sad
[12:00] {jfjf64} lock +load
[12:16] {dino} wday sm l .50
01[12:18] {@Threei}  1:1  GDX
[12:18] {JoebiWan} gdx paysheints
[12:22] {jfjf64} fb .25 break
01[12:25] {@Threei}  The very good third quarter US GDP numbers gave markets a real sugar rush this morning, putting US futures in the black and sending European shares out to their highs. The rush did not last and the S&P500 is in the red at its lows and Europe has given up some or all of their gains.
01[12:25] {@Threei}  All eyes are on Vienna this morning, where oil ministers from Saudi Arabia, Russia, Mexico and Venezuela met for talks ahead of the official OPEC meeting on November 27th. The four nations reportedly agreed to meet regularly to "monitor" oil prices but did not agree to a collective production cut. Interestingly, Rosneft CEO Sechin said that even oil prices falling below $60/bbl would not force Russia to cut production.
01[12:26] {@Threei}  After running up as high as $76.60 before the meeting, WTI crude futures dropped back below $74 when it became clear the nations would not agree to cut.
[12:26] {dino} out wday .90, +.40
[12:28] {JoebiWan} gj dino
01[12:31] {@Threei}  http://postimg.org/image/klxuy04il/
[12:34] {dino} ty
[12:36] {chasj} 3i, has to be Buffalo
01[12:36] {@Threei}  I like to think of it as "anywhere but Victoria"
01[12:37] {@Threei}  at least as far as Canada is concerned
[12:37] {chasj} lol
01[13:03] {@Threei} Long Setup:  FB  .30 break
01[13:03] {@Threei}  ugh, late
01[13:03] {@Threei}  see if pyulls back
[13:04] {nemo} AAPL
[13:04] {chasj} too late
01[13:05] {@Threei}  got away
[13:06] {nemo} AAPL GOOG FB were carrying the market this morning
[13:09] {nemo} aapl .10 break
[13:10] {nemo} stop under .00
[13:10] {nemo} stop to BE
[13:10] {nemo} should get .40
[13:11] {nemo} gawd I feel like doo doo
[13:11] {jfjf64} that a boy nemo
[13:11] {jfjf64} or doo doo
[13:11] {jfjf64} what ever prefer
[13:12] {nemo} stop to .05
[13:14] {nemo} partialing @.39
[13:14] {dino} zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz
[13:14] {nemo} stop to .08
[13:16] {nemo} stop to .18
[13:16] {nemo} sorry, I'm out of it this week...I haven't been this sick in I don't know how long
[13:17] {nemo} stop to .18
[13:17] {nemo} right...said that
[13:17] {jfjf64} yes doo doo
[13:17] {jfjf64} good job
[13:17] {nemo} if it gets above .50 and holds, stop to .44
[13:17] {jfjf64} ty
[13:18] {nemo} this high right here is crucial
[13:18] {nemo} imo
[13:18] {nemo} end of the world kinda' shit
[13:18] {jfjf64} why
[13:19] {nemo} If I tell you...
[13:19] {nemo} ya' know the rest
[13:19] {nemo} one can make an argument for .34 stop
[13:20] {nemo} if you want to play the averages for a bigger gain, set stop to .18
[13:20] {nemo} you're profitable on a holiday week so...WTF!
[13:21] {jfjf64} stop .34
[13:21] {nemo} if aapl breaks this high.  .65 likely
[13:24] {nemo} stop remains, pubic hair stop to .28
[13:25] {jfjf64} what ya use fibs
[13:25] {nemo} sometimes, but not in this case
[13:25] {nemo} you can raise loose stop to .20
[13:27] {jfjf64} im starving see ya hour
[13:27] {nemo} thanks for the warning
[13:27] {jfjf64} vg no 1:4 till I ge back
[13:27] {nemo} just set stop orders
[13:27] {nemo} one cancels other
[13:27] {jfjf64} never
[13:28] {jfjf64} afraid that
[13:28] {nemo} fine, stick a carbide drill up ur  . . . .!
[13:28] {jfjf64} im out .34
[13:28] {nemo} I suggest you play with them, they work
[13:29] {jfjf64} ya sound like ya old self nemo
[13:29] {jfjf64} ya coming around
[13:29] {jfjf64} some more hot brandy
[13:29] {jfjf64} look this aapl
[13:30] {nemo} o.k. tight stop to .24, loose stil .18
[13:30] {nemo} aapl gets above these highs another .30 coming
[13:32] {nemo} stop .24
[13:32] {nemo} this is looking like a double top
[13:34] {nemo} low of .28, sheesh
[13:34] {nemo} aapl holds above .26 it goes
[13:34] {nemo} .46
[13:37] {nemo} this could be a bull flag on AAPL but you'l have to be willing to lower your stop
[13:40] {dptl} dal .30 break long may be
[13:42] {nemo} if you held aapl, stop below .15
[13:42] {nemo} needs to hold above .45ish
[13:46] {jfjf64} .55 break fb short
[13:47] {nemo} ahhh well, so much for the appl of our eye
[13:48] {jfjf64} did great job nemo
[13:49] {nemo} ty
[13:49] {nemo} one of my broken clock moments
[13:49] {nemo} FB is two way
[13:49] {jfjf64} just thinkin follow aapl
[13:49] {jfjf64} d top
[13:50] {nemo} you're short is correct, but above this high is long
[13:50] {jfjf64} looks higher
[13:50] {jfjf64} vol
[13:51] {nemo} look at 30 min
[13:51] {nemo} C&H
[13:52] {nemo} SPY IWM Looking short
[13:55] {jfjf64} .60 break
[13:55] {jfjf64} lower risk
[13:55] {jfjf64} worth shot
[13:57] {nemo} IWM weak, spy not so qqq iffy
[13:57] {nemo} tought calls
[14:00] {jfjf64} ya with me nemo
[14:00] {nemo} watching FB
[14:00] {nemo} still two way
[14:00] {jfjf64} .59 short me
[14:01] {nemo} Relative volume week, but not that week.  Today more treacherous than it looks
[14:02] {jfjf64} 1:1
[14:09] {jfjf64} thought I be hittin more stops on way down
[14:10] {nemo} see what I mean by treacherous?  Shorts favor high volume conditions
[14:11] {nemo} we've got negative 20 day relative volume...yesterday as a percentage of SPY price was one of th lowest relative range days in 5 years
[14:11] {nemo} shorts are a slog
[14:15] {dptl} see ya tomorrow all :)
[14:15] {jfjf64} enjoy dp
[14:16] {Jenh} bye dp!
[14:25] {jfjf64} see all tommorrow
01[14:25] {@Threei} Long Setup:  VXX  .15 break
01[14:25] {@Threei}  If holds  .05
01[14:25] {@Threei}  take care jf
01[14:25] {@Threei}  no crying if it does 1:3
[14:25] {jfjf64} I aint leavin yet
[14:26] {jfjf64} preesure on vg
01[14:26] {@Threei}  too late, you saud you were
01[14:26] {@Threei}  now you have to
01[14:45] {@Threei}  ok market, time to drop
[14:46] {nemo} btw...James Cromwell is one of the more underrated actors
01[14:47] {@Threei}  and scented candles have the most inpleasant smell
01[14:47] {@Threei}  (since we spew out random phrases having nothing to do with anything)
[14:48] {dino} no bones in ice cream
[14:48] {RonS} tough crowd...
01[14:48] {@Threei}  and Neanderthals were bad at drawing
01[14:49] {@Threei}  man, the educational value of this room is beyond comprehension
[14:49] {nemo} No...
[14:50] {nemo} life is about moments being indescribable...else they are mundane, and most of life is mundane...funny hearing such bullshit from a photographer/artist such as you...;-)
[14:51] {jfjf64} jf is peein his pants
[14:51] {jfjf64} lol
01[14:51] {@Threei}  nemo, you owe jf new pants
[14:52] {nemo} I'll buy him a box of Depends
[14:52] {jfjf64} oh thanks can lend to vg
[14:54] {nemo} Internet is a funny thing..impersonal, distant, disconnected...yet the paradox is....sometimes, we can connect with the core of all things.
01[14:54] {@Threei}  like, with server?
[14:54] {nemo} I have yet to be taught the proper Russian response
01[14:55] {@Threei}  nah, simple "smart a**" will do
[14:55] {jfjf64} lol
01[14:56] {@Threei}  this is not the case for heavy artillery
[14:56] {RonS} lol
[14:56] {nemo} nice cover Vad
[14:56] {jfjf64} common one hour of sellin
[14:57] {jfjf64} maybe to much to ask
[14:57] {jfjf64} 10 min
[15:01] {RonS} Canada is experiencing a shortage of cowboys.
[15:01] {RonS} $LAKE CEO Christopher Ryan said "the rush of Ebola-related orders “has led to a material improvement in our business”
01[15:02] {@Threei}  VXX stop .09
01[15:02] {@Threei}  was 1 cent from 1:1
[15:08] {RonS} lol...Louisville Coach Rick Pitino "Played Four White Guys and an Egyptian" to Try and Avoid Embarrassing a Team
[15:10] {RonS} "If I don't have any hand sanitizer with me, I'll pour a little vodka on my hands. Vodka's high alcohol content makes it a great disinfectant."
[15:14] {dino} saw that earlier ron, what a waste of vodka
[15:15] {RonS} from a flight attendant...probably stealing the booze from the airline...
[15:19] {dino} casy partial fill, l .40
[15:20] {pamsv} cheers guys - cya
[15:20] {nemo} LVS here
01[15:21] {@Threei}  take care pam
[15:23] {RonS} lol...hope that's not my wife...
[15:23] {dino} cya pam
01[15:29] {@Threei} Long Setup:  IWM  .05 break
01[15:29] {@Threei}  If holds  .95
[15:40] {chasj} IWM ouch !!!
01[15:41] {@Threei}  ?
[15:43] {chasj} got stopped out at 117.95, isn't that ere the stop was to be?
[15:43] {chasj} ere-Were
01[15:43] {@Threei}  yes... but why three exclamation marks, as if you got stopped $1 lower?
[15:44] {chasj} just a newbie, what can I say, but had a good day.
[15:44] {JoebiWan} dino 81 stop casy?
[15:45] {dino} chas lol
01[15:45] {@Threei}  stop is stop, take it and forget it
01[15:45] {@Threei}  no emotions
[15:45] {dino} joe yeah
[15:45] {chasj} gotcha
[15:48] {RonS} ...no joy in mudville...
[15:50] {dino} hsic spike
01[15:50] {@Threei}  Ok guys, boring day
01[15:50] {@Threei}  short week is short week
01[15:51] {@Threei}  thank you all, have a great evening
01[15:51] {@Threei}  see you tomorrow
[15:51] {Jenh} thanks 3i!
[15:51] {Jenh} gn everyone
[15:51] {chasj} nite all
[15:51] {dino} cut it joe
[15:51] {JoebiWan} yeah did..
[15:51] {JoebiWan} cya all ty
[15:51] {dino} out .12 -.28
[15:51] {JoebiWan} -.24
[15:52] {chasj} thx Vad
[15:55] {nemo} too bad...cat bounce here

Nov 24 2014

It's a rare case that opening play lasts this long, but 1:4 is 1:4. Patience is a virtue. 

(Chart courtesy of a broker)

With a few more trades here and there, polished by a final run to almost 1:3 target on IWM, decent day despite slowness of a short week.


Session Start: Mon Nov 24 02:11:11 2014

[09:08] {dino} gm
01[09:09] {@Threei}  dino :)
[09:10] {RonS} hi guys...hearing a dumperooskie heading to the northeast
01[09:10] {@Threei}  ron :)
01[09:10] {@Threei}  who's that?
[09:11] {RonS} 10" of snow
01[09:11] {@Threei}  I am not familiar with that word either
[09:13] {RonS} utx gap fill down
[09:13] {nemo} I feel like doo doo
[09:14] {cosmo} doo something then
[09:14] {RonS} cold or flu?
01[09:14] {@Threei}  lol
[09:14] {nemo} chest, throat, nose, head
[09:14] {nemo} I can't remember the last time I was sick
[09:14] {nemo} physically that is
01[09:16] {@Threei}  - Greece and Troika official set to meet in Paris on Tuesday, Nov 25th to discuss the stalled review
01[09:16] {@Threei}  lol'
[09:16] {nemo} 817k spy...gonna be slow with bias up
01[09:16] {@Threei}  see,. Greece can't remember last time when it was healthy
[09:17] {dptl} good morning all :)
01[09:17] {@Threei}  dp!
[09:18] {__chasj} gm
01[09:18] {@Threei}  chas :)
[09:18] {nemo} anybody see Pats game yesterday?
[09:19] {__chasj} saw broncos yeah!
[09:19] {nemo} methinks this might be Peyton's last year
[09:20] {Jenh} gm
[09:20] {__chasj} maybe
01[09:20] {@Threei}  jen :)
[09:21] {nemo} mmmhhh this illness seems to be affecting my sight too
[09:22] {RonS} outr 115 day pre high
[09:26] {jfjf64} morning all
01[09:26] {@Threei}  jf :)
01[09:26] {@Threei}  Upside:
01[09:26] {@Threei}  -RNA +62% (reiterated expectation of complete NDA submission for Drisapersen in Q1 '15)
01[09:26] {@Threei}  -PTP +20% (announced entry into a definitive merger agreement with RenaissanceRe Holdings at $76/shr)
01[09:26] {@Threei}  -TTPH +17% (strength attributed to recirculating chatter on financial blogs the company looking to sell itself)
01[09:26] {@Threei}  -SRPT +11% (momentum from RNA Drisapersen news)
01[09:26] {@Threei}  -STRZA +11% (acquisition talks heating up)
01[09:26] {@Threei}  -RGLS +7.8% (positive broker commentary; momentum from last week's RG-012 data)
01[09:26] {@Threei}  -GERN +5% (positive broker commentary)
[09:26] {pamsv} Hi all
01[09:26] {@Threei}  hi pam, welcome
[09:26] {pamsv} thanks :)
01[09:26] {@Threei}  Downside:
01[09:26] {@Threei}  -LGF -3.2% (Mockingjay opening weekend numbers)
01[09:26] {@Threei}  -BMRN -1.5% (RNA news of Drisapersen NDA submission)
01[09:26] {@Threei}  -UTX -1% (reiterated FY14 EPS, named CFO new CEO effective immediately)
[09:29] {dino} cbi?
[09:30] {dino} ahh gs downgrade
01[09:30] {@Threei}  yeah
01[09:30] {@Threei}  with 46 target
01[09:32] {@Threei} Long Setup:  FB  .60 break
01[09:32] {@Threei}  If holds  .50
01[09:33] {@Threei}  1:1
01[09:34] {@Threei}  1/4 more out
01[09:34] {@Threei}  stop .64
[09:35] {RonS} ocr drop
01[09:36] {@Threei} Short Setup: JPM  .25 break
01[09:37] {@Threei}  If holds  .30
[09:37] {dino} ocr drop
01[09:37] {@Threei}  a bit tight for opening play, but we better look for another entry if stopped
01[09:41] {@Threei}  die already JPM
01[09:42] {@Threei}  wow FB
01[09:42] {@Threei}  rug pull
01[09:44] {@Threei}  *(US) NOV PRELIMINARY MARKIT US SERVICES PMI: 56.3 V 57.3E
[09:45] {dino} ocr sm l .46
01[09:46] {@Threei}  TSLA Finance blog claims Tesla may have an undisclosed SEC probe
01[09:51] {@Threei} Long Setup:  TWTR  .85 break
01[09:51] {@Threei}  If holds  .75
01[09:52] {@Threei}  1:1  JPM
01[09:52] {@Threei}  took its sweet time
01[09:53] {@Threei}  Invalidated  TWTR
[09:56] {dino} ainc spike
01[09:57] {@Threei}  1/4 more out JPM
01[09:57] {@Threei}  stop .21
01[09:58] {@Threei} Long Setup:  TWTR  .80 break
01[09:58] {@Threei}  oops
01[09:58] {@Threei}  late
01[09:58] {@Threei}  ok in
01[09:58] {@Threei}  If holds  .70
01[09:58] {@Threei}  1:2  JPM
01[09:58] {@Threei}  stop to .16
01[09:59] {@Threei}  no go TWTR
01[10:01] {@Threei}  rinse
01[10:01] {@Threei}  somg
[10:02] {JoebiWan} http://www.youtube.com/watch?v=M2FmDysvDr8
01[10:02] {@Threei}  there you go
[10:03] {Jenh} lol
[10:05] {nemo} freestockcharts messed up today
[10:06] {jfjf64} trading view much better imo nemo
[10:06] {nemo} much more flexibility with FSC especially Beta 2
[10:10] {dptl} dal .80 break long may be
[10:11] {RonS} dp! didn't notice you came in...
[10:11] {dino} rnr smr l .35
01[10:12] {@Threei}  he sneaked in therouhg the backdoor
[10:12] {dptl}  Ron :)...yep ...sneaky little dude lol
[10:12] {dptl} 1:1 dal
[10:16] {dino} out ocr .96,
[10:16] {dino} +.50
[10:18] {jfjf64} nice dino
[10:18] {dino} ty
[10:21] {dino} out rnr .05, +.70
[10:21] {jfjf64} nice dino
[10:21] {dino} ty
[10:21] {jfjf64} missed that one
06[10:22] * dino slaps jfjf64 around a bit with a large trout
[10:23] {jfjf64} my charts messed up logix
[10:23] {jfjf64} anyone
[10:23] {nemo} yep me too
[10:23] {nemo} spy disappeared
[10:23] {nemo} FSC having problems today
[10:23] {jfjf64} mutta f   ka
[10:23] {dptl} spy chart yes
[10:23] {nemo} vodka almost gone
[10:23] {jfjf64} cant work like this
[10:24] {jfjf64} need shot
[10:27] {jfjf64} iwm
[10:27] {jfjf64} looks lk gonna explode
[10:28] {jfjf64} yeah sure
[10:28] {jfjf64} lol
01[10:30] {@Threei}  *(US) NOV DALLAS FED MANUFACTURING ACTIVITY: 10.5 V 9.0E
01[10:31] {@Threei} Long Setup:  VXX  .65 break
01[10:31] {@Threei}  If holds  .57
01[10:46] {@Threei}  things stalled
01[10:46] {@Threei}  chas, see pm please
[10:47] {__chasj} how
01[10:48] {@Threei}  doubleclick on my nick
[10:49] {nemo} sounds a bit perverted
01[10:49] {@Threei}  that's your dirty mind
[10:49] {dptl} lol
01[10:49] {@Threei}  to you, a bench in a park is perversion... somehow
[10:50] {nemo} "Pot, meet kettle."
01[10:51] {@Threei}  you get w window with my message, chas?
[10:53] {__chasj} never have done this don't know how to find mess
01[10:54] {@Threei}  doubleclick on Threei, there will be a pop-up window
[10:54] {jfjf64} chas sounds nervouse
[10:54] {jfjf64} careful
[10:54] {jfjf64} don't where pink blouse
01[10:54] {@Threei}  type in that window
[10:55] {nemo} where=wear
[10:56] {jfjf64} lol
[10:56] {RonS} lol...Turkey's Erdogan lashes out at U.S. after meeting Vice President Biden
[10:56] {nemo} don't blame him
[10:56] {__chasj} Not nervous just ignorant haha
01[10:56] {@Threei}  who wouldn't ron
[10:56] {nemo} mmmmhhh...fresh meat
[10:57] {RonS} Biden...the real reason the O can do whatever he wants...
01[10:57] {@Threei}  if I had to meet biden, I'd lash out at anything and anyone
01[10:57] {@Threei}  yeah... who would want to impeach him if biden wad an alternative
[10:57] {RonS} but what if you needed to study hair plugs?...
[10:59] {__chasj} is vxx still valid
01[10:59] {@Threei}  yes
[11:00] {__chasj} tkx
[11:00] {__chasj} thx
01[11:00] {@Threei}  all this time I trieds to think of any possible reason I would want to study hair plugs... I come up empty
[11:00] {RonS} if you were balding?
01[11:00] {@Threei}  I am
[11:01] {RonS} sorry to hear...
01[11:01] {@Threei}  (gracefully)
01[11:01] {@Threei}  if JPM breaks down here, will try for 1:4
[11:04] {RonS} gild pressure
01[11:07] {@Threei}  1:3  JPM
01[11:07] {@Threei}  very unhurried and quite nice trade
01[11:09] {@Threei}  1:4 baby
01[11:09] {@Threei}  out
[11:09] {JoebiWan} out ty vad
01[11:09] {@Threei}  yw
01[11:09] {@Threei}  is it weird to call a monstrous bank "baby?"
06[11:10] * @Threei slants at nemo, world reknown specialist in perversions
[11:11] {RonS} ...prob in bed sniffling...
[11:13] {__chasj} VXX taking its sweet time
01[11:14] {@Threei}  slow day
01[11:14] {@Threei}  let's trail it to .69
[11:15] {nemo} wow chart data feed problems
01[11:17] {@Threei}  to .59, lol
[11:21] {RonS} cna't help it...SKUL exploding
[11:21] {RonS} or type
01[11:23] {@Threei}  wow... JPM 1:5
01[11:26] {@Threei}  lok ron
01[11:26] {@Threei}  lol too
[11:27] {RonS} was thinking...look at what?
[11:27] {RonS} fold has bills flying...
01[11:27] {@Threei}  at my skillful typing of course
01[11:28] {@Threei}  who wouldn't marvel at that
[11:30] {RonS} where's Mr. "got my jaw jacked"?
01[11:32] {@Threei}  gosh... what's that, lol
[11:32] {RonS} ese
01[11:32] {@Threei}  oh
01[11:32] {@Threei}  haven't heard from him since surgery
01[11:32] {@Threei}  visual: http://tradinglog.realitytrader.com/2014/11/nov-24-2014.html
[11:49] {dptl} nice one
01[11:54] {@Threei} Long Setup:  FB  .20 break
01[11:54] {@Threei}  If holds  .10
[11:56] {nemo} my spy data just disappeared again
[11:56] {dptl} yeah
[11:57] {jfjf64} me too
[12:24] {__chasj} me too
01[12:26] {@Threei}  Invalidated  FB
[12:53] {dino} .
01[13:04] {@Threei} Long Setup:  VXX  .55 break
01[13:04] {@Threei}  If holds  .50
[13:19] {jfjf64} nemo charts wking logix
[13:20] {nemo} yeah...but everything a bit squirrely today
[13:20] {jfjf64} yes
[13:20] {nemo} I'll be watching a stock on a chart, and then the chart disappears
01[13:22] {@Threei}  this is new training feature
[13:25] {jfjf64} common vxx
[13:26] {jfjf64} get off ya ass and run
01[13:26] {@Threei}  ladies, feel free to slap jf silly
[13:26] {jfjf64} me like slap
[13:33] {dino} having option chain issues trademonster
[13:33] {nemo} probably part of the data feed issues today
[13:34] {nemo} aapl
[13:34] {nemo} about to break out again
[13:49] {dino} rnr sm l .70 stop .39
01[14:01] {@Threei}  meh
[14:06] {jfjf64} dino where stop
[14:06] {dino} .89
[14:11] {dino} to .11
[14:13] {dino} to .16
[14:15] {dino} out rnr .18, +.48
[14:15] {jfjf64} +43 cents
[14:15] {jfjf64} ty
[14:15] {dino} yw, gj
01[14:16] {@Threei}  wtg
[14:17] {jfjf64} dino did ya go long gps on friday
[14:17] {jfjf64} swing
[14:17] {dino} no, fl calls
[14:18] {jfjf64} good
[14:18] {jfjf64} both good
[14:18] {dino} fl was odd friday, nice baet and raise
[14:19] {dino} beat too, sheesh
[14:26] {nemo} spy looks breakoutish
[14:57] {jfjf64} gps short.04
[15:17] {jfjf64} zzzzzzzzzzzzzzzzzz
[15:17] {dino} indeed
[15:18] {dino} full day wednesday and half day friday, right?
[15:20] {jfjf64} think so
01[15:21] {@Threei}  correct
01[15:21] {@Threei}  November 27, 2014 Thanksgiving Day - U.S. Closed
01[15:21] {@Threei}  November 28, 2014 Early Close - U.S. 1:00 p.m.
01[15:22] {@Threei}  short week explains narrow acion today
[15:23] {cosmo} a long week for others
[15:24] {dino} a tough week for turkeys
01[15:24] {@Threei}  lol
[15:24] {jfjf64} lol
[15:24] {RonS} reason nemo has cold?
[15:25] {RonS} ...tough week for turkeys...
01[15:25] {@Threei}  he tries to get as many of them as possible before president's pardin?
01[15:25] {@Threei}  i=o
01[15:25] {@Threei} Long Setup:  IWM  .75 break
01[15:25] {@Threei}  If holds  .65
[15:26] {cosmo} pardin all turkeys by e.o.
[15:27] {cosmo} hmm...too late me thinks
01[15:30] {@Threei}  .80 break and iekqsplozhieon
01[15:30] {@Threei}  man... spellcheck just dainted
01[15:30] {@Threei}  fainted too
01[15:31] {@Threei}  1:1
01[15:31] {@Threei}  iekqsplozhieon it is
[15:31] {JoebiWan} lol
01[15:33] {@Threei}  just got a call from The Butchers of English Language Club. They elected me their president, no competition
[15:34] {__chasj} what does  .80 break and iekqsplozhieon mean?
[15:34] {dino} lol
[15:34] {JoebiWan} haha
01[15:34] {@Threei}  follow-up comment to .75 setup on IWM
[15:34] {dptl} lol
[15:34] {__chasj} ho ho with xmas spirit
01[15:35] {@Threei}  iekqsplozhieon, well... I'll be darned if I can explain it :)
01[15:35] {@Threei}  my sense of humor is weird, wretched and occasionally callous
[15:36] {__chasj} well i caught it thats what matters
01[15:36] {@Threei}  then again, I have an excuse - I communicate with nemo for years
[15:36] {__chasj} now i understand
01[15:36] {@Threei}  and we did have that party on a boat...
01[15:37] {@Threei}  in Nassau
01[15:39] {@Threei}  ah, here it is
01[15:39] {@Threei}  (gently edited out)
01[15:39] {@Threei}  see those glasses in front of us?
[15:40] {dptl} where is Nemo?
01[15:40] {@Threei}  sheesh... guess
[15:40] {dptl} lol
01[15:40] {@Threei}  are there so many variants?
[15:40] {__chasj} need nick names to coordinate
01[15:41] {@Threei}  when we run low on vidka, we found out that we are practically locked behind the table, no way to go around
01[15:41] {@Threei}  so, he just climbed onto the table and stepped over everything and everyone,
01[15:41] {@Threei}  went to the bar counter,
01[15:42] {@Threei}  realized that he doesn't want to do that again,
[15:42] {nemo} I'm convalescing
01[15:42] {@Threei}  so he grabbed a few full glasses of vodka, neat
[15:42] {__chasj} come on expose yourselves lol
[15:42] {dptl} lol
01[15:42] {@Threei}  and here is the kicker:
01[15:42] {@Threei}  next day I had full frikin day seminar!
[15:42] {nemo} oh yeah, that chick's husband didn't like me
01[15:42] {@Threei}  I mean as a soeaker
01[15:42] {@Threei}  speaker
01[15:43] {@Threei}  no he didn't
[15:43] {nemo} I kept telling her to pay attention to her husband
[15:45] {nemo} this being sick shit sucks
01[15:45] {@Threei}  1:2  IWM
01[15:45] {@Threei}  while nurturing last 1/4, yesterday's portrait I made:
[15:45] {__chasj} i thought maybe the pic was of the reality crew. thats why my crazy questions.
01[15:45] {@Threei}  https://www.facebook.com/VadymGraiferPhotography/photos/a.488848774527976.1073741828.483178015095052/750304858382365/?type=1&theater
01[15:46] {@Threei}  just me and nemo, chas... girls are seminar attendees
[15:46] {nemo} BTFD as always, governments buying stocks  FED and all central banks expanding balance sheets
[15:47] {__chasj} is that nemo next to you?
[15:47] {dptl} lol
[15:47] {dptl} roflol
[15:47] {nemo} yeah, back when I was seeing if I could grow my gray hair long
[15:47] {nemo} it's very short now
01[15:48] {@Threei}  and when I was 30 lbs heavier than I am today
[15:48] {__chasj} i had blk hair , dyed it grey HAHA
[15:49] {Jenh} 3i, did you add the black background to the peacock pic?
[15:49] {nemo} My hair was really curly when I was younger, all I could do was grow an afro...so the gray was straighter, thought I'd see what would happen.
01[15:49] {@Threei}  it was pitch black, I darkened it just a tad
[15:49] {nemo} Got to my shoulders and said, "o.k. did that."
[15:50] {Jenh} oh, really? nice. it's a great pic.
01[15:50] {@Threei}  flash lit peacock up
01[15:50] {@Threei}  ty
[15:50] {Jenh} i was wondering how you could get such a dark background, but if it was already dark...
[15:50] {Jenh} ah ic
[15:50] {__chasj} must have been good vodka
[15:50] {nemo} Vad doesn't drink bad vodka
[15:51] {dptl} :)
01[15:51] {@Threei}  otherwise would have to isolate the bird in photoshop, and paint the rest black... doable too if needed, kust requires time
[15:51] {jfjf64} 118
[15:51] {jfjf64} explode
[15:51] {Jenh} yeah that's what i was wondering, if you had to go around each one of those feathers
01[15:51] {@Threei}  yikes
01[15:52] {@Threei}  I have just one life :)
[15:52] {Jenh} lol
[15:52] {__chasj} I couldn't handle another
01[15:53] {@Threei}  wow... someone just bought this for $80: http://www.arrestinglight.com/p887556776/h1C738AD5#h1c738ad5
[15:53] {Jenh} ha, your life rough enough already chas?
01[15:53] {@Threei}  people need strangest images
01[15:53] {@Threei}  good thing I've got those
01[15:53] {@Threei}  btw, this is example of isolation in photoshop, jen
[15:53] {__chasj} good & bad times more good tho
[15:53] {Jenh} the peahen looks a little angry, but cute :)
[15:54] {Jenh} thanks, didn't know the word for it
01[15:54] {@Threei}  ok IWM
01[15:54] {@Threei}  do 1:3 and we are friends
[15:54] {nemo} Pahan?
01[15:54] {@Threei}  lol
[15:54] {dptl} lol..yep
[15:55] {jfjf64} me out ty
01[15:55] {@Threei}  I have 3 min more worth of patience
[15:55] {jfjf64} lol
[15:55] {jfjf64} see all tommorrow
[15:56] {dino} ty and gn
[15:56] {__chasj} bye all
[15:56] {Jenh} bye jf!
[15:56] {dptl} see ya tomorrow all :)
01[15:56] {@Threei}  thank you all
01[15:56] {@Threei}  have a great evening
01[15:56] {@Threei}  see you tomorrow
[15:56] {Jenh} gn everyone! ty
[15:56] {JoebiWan} ty cya all

Market Week Wrap-up

TradeTheNews.com Weekly Market Update: US Data Rocks, Europe Buys Paper, China Scissors Rates
Fri, 21 Nov 2014 16:09 PM EST

US equity markets racked up their fifth consecutive week of gains and the S&P500 closed out Friday at another all-time high. Meanwhile the ECB launched its ABS program as Europe hovers at the very edge of full-blown deflation, Japan entered technical recession as it reported its second consecutive quarter of economic contraction, and the PBoC sprung a surprise rate cut on Friday to reassure China about its own economic problems. Preliminary November European PMI data was not encouraging, while the flash November HSBC China PMI data was just at the edge of contraction. Meanwhile in the US, October housing data was excellent, weekly jobless claims fell to their lowest level since 2000, and the Philly Fed business outlook index rocketed to its highest reading since 1993. For the week, the DJIA rose 1%, the S&P500 added 1.2% and the Nasdaq gained 0.5%.

The unexpected contraction in Japan's preliminary Q3 GDP data (-1.6% y/y, -0.4% q/q) drove the Nikkei down 3% on Monday and gave the excuse Japanese PM Abe needed to delay the planned sales tax hike. Abe said he would call early elections to cement his "three arrows" economic reform program. The yen continues to be a one-way ride, with USD/JPY rising from 115.5 to 119, another seven-year low for the yen.

China's PBoC responded to recent soft economic data by cutting its benchmark lending and deposit rates by 40 basis points and 25 basis points, respectively. Meanwhile, the deposit rate ceiling was increased to 1.2x the benchmark deposit rate. In a note, Goldman Sachs said while the move itself is unlikely to have much of an impact on the economy, it sends a very clear signal that Beijing is willing to loosen its policy stance to support the economy and its willingness to use a broad spectrum of policy tools, much as it did earlier in 2014.

The minutes from the Oct 28-29th FOMC meeting showed that members are looking ahead to next year, continuing discussions about how exit strategy should be communicated. Only one member advocated dropping the key "considerable time" clause on forward guidance, but many said that it would be helpful if the Fed would soon clarify its approach to the pace of interest rate hikes. The committee observed that problems in overseas economies presented only a "limited" impact on the US recovery. The need to watch inflation was highlighted, and the notes observed that market-based measures of inflation had declined somewhat, but survey-based measures of longer-term inflation expectations had remained stable.

On Monday Draghi provided his quarterly update to the EU Parliament, and apart from familiar monetary policy talking points he offered heavy suggestions that sovereign bond buying by the ECB was still in the realm of possibility. Later in the week, Draghi recalled his landmark "whatever it takes" moment by saying the ECB will "do what we must to raise inflation and inflation expectations as fast as possible." Draghi said he fears low inflation could percolate through the economy and worsen the economic situation. His comments were taken as a strong signal that the ECB will forge ahead with quantitative easing in the months ahead. EUR/USD tanked late in the week, testing 1.2400 after the second Draghi speech and the ECB officially launched it ABS assets purchase program.

WTI crude pivoted around $75 this week before breaking out above $77 on Friday while Brent rose back above $81, aided by the implications of the PBoC rate cut. The OPEC guessing game of cut or no cut continued all week, with both analysts and OPEC nations seemingly split on the prospects for lowered quotas at the organization's meeting in Vienna on November 27th. Smaller non-Arab members led by Venezuela want to cut production and halt the slide in prices, while Persian Gulf members want steady policy. Non-OPEC member Russia is deeply distressed by lower oil prices and there was talk that the Russians might preemptively cut production to bolster prices.

Gold and EUR/CHF were whipped around by polls out ahead of Switzerland's "Save Our Gold" referendum, scheduled for November 30th. In recent weeks, polls had suggested more support in favor of the measure than against it, however two polls out this week suggested the no vote at well above 50%. Spot gold traded as low as $1,170 after the release of the new polls, but rebounded late in the week on the Chinese interest rate cuts. EUR/CHF had been testing 1.2010 all week, but backed off after the polls and talk of additional SNB intervention to defend the 1.2000 floor.

President Obama unveiled a sweeping executive order on immigration reform, including measures to let five million undocumented aliens remain in the country, to increase border security, and to provide more visas for high skilled foreign workers. The directive does not provide a pathway to citizenship. The Republicans widely condemned the move.

Retailers reported more third-quarter results this week, with nearly all citing a very highly competitive environment that is crimping margins. Big box retailer Target delivered an upside surprise, although y/y growth in profits and revenues was pretty anemic. BestBuy's margins, profits and revenue all saw healthy growth, while US comps were good and online comps were strong. Gap Inc met expectations but cut its FY guidance, while same store sales were negative. L Brands had a decent quarter with good comp sales gains.

Two gigantic deals took markets by storm on Monday. After a week of rumors, Actavis reached a deal to acquire Allergan for $219/share in cash and stock, in a total deal valued around $66B. Allergan's hostile suitor Valeant said it could not justify matching the price, giving up the fight. Baker Hughes agreed to be acquired by Halliburton in a cash-and-stock valued at around $34.6 billion.

Nov 21 2014

Very nice day finishing very nice week. It was unusually slow trading right of the bat, as even the first trade took about 30 minutes to resolve - normally opening plays work much faster. Jokes helped wait out slow period, then things picked up, and great JPM short and IWM  reversal catch right at the bottom made it a solid profitable day. 

AAAAAAAAAA
Session Time: Fri Nov 21 00:00:00 2014
[08:57] {nemo} OP EX and a massive gap...just grab the vodka
01[08:58] {@Threei}  could be...
[09:00] {nemo} $2 jump in spy
[09:06] {dino} gm
[09:06] {nemo} go back to bed dino
01[09:07] {@Threei}  dino :)
[09:08] {dino} :)
[09:10] {Jenh} gm
01[09:10] {@Threei}  jen :)
[09:15] {_chasj} gm all
01[09:16] {@Threei}  chas :)
[09:18] {RonS} gm
01[09:19] {@Threei}  ron :)
[09:26] {nemo} so Jen...what computer you have today?
[09:27] {jfjf64} morning all
[09:27] {Jenh} thanks for asking. i still have apple
01[09:27] {@Threei}  jef :)
01[09:27] {@Threei}  Upside:
01[09:27] {@Threei}  -SPLK +9% (earnings)
01[09:27] {@Threei}  -ICLD +9% (announced a new $4.2M professional services contract)
01[09:27] {@Threei}  -VALE +7% (China cut rates - BHP/CAT/FCX/RIO also higher on the news)
01[09:27] {@Threei}  -HIBB +7% (earnings)
01[09:27] {@Threei}  -ROST +6% (earnings)
01[09:27] {@Threei}  -SCTY +5.5% (new solar installation projects with WMT)
01[09:27] {@Threei}  -CERS +4.2% (FDA accepts IDE supplement for INTERCEPT blood system treatment for Ebola)
01[09:27] {@Threei}  -ADSK +3.5% (earnings)
01[09:27] {@Threei}  -MRVL +3.4% (earnings)
01[09:27] {@Threei}  Downside:
01[09:27] {@Threei}  -OTIV -14% (priced 6.25M shares at $1.60/shr)
01[09:27] {@Threei}  -WAIR -13% (earnings)
01[09:27] {@Threei}  -GME -10% (earnings)
01[09:27] {@Threei}  -LXRX -8% (secondary pricing at $1.005/shr)
01[09:27] {@Threei}  -GPS -3% (earnings)
01[09:27] {@Threei}  -TFM -2.8% (earnings)
[09:28] {Jenh} they seem to have fixed it
[09:31] {RonS} nemo's post?  Charles Manson is getting married — which is weird because I thought he was already serving a life sentence.
[09:32] {nemo} hehehehe
[09:32] {nemo} good one
[09:32] {nemo} confirms he's going to hell
[09:32] {jfjf64} great one
[09:32] {jfjf64} rs
[09:32] {jfjf64} how true
[09:32] {Jenh} lol
[09:32] {dino} so, we have japan, europe, and china all easing
[09:33] {nemo} what's gonna' be fun is if deflation continues and the market figures out CBs ain't working
[09:33] {dino} big if, but we'll have to wait and see
[09:34] {nemo} all "ifs" are big...since they exist in the realm of unicorns
[09:34] {nemo} thank god for the reality of vodka
01[09:36] {@Threei} Short Setup: JPM  .85 break
[09:36] {dino} "if" is a word in the middle of life
01[09:36] {@Threei}  If holds  .95
[09:37] {nemo} it's also in the middle of "wife"
01[09:38] {@Threei}  Invalidated
[09:38] {nemo} tna
[09:38] {nemo} sorry
01[09:38] {@Threei} Long Setup:  VXX  .80 break
01[09:39] {@Threei}  If holds  .70
01[09:41] {@Threei}  stop to .74
[09:45] {dino} fl
06[09:45] * @Threei hits SPY over the head with 2x4
[09:45] {dino} sm l .35 wide
01[09:52] {@Threei}  1 cent to 1:1... shouldn't be so, umm, retentive
[09:53] {nemo} yeah, not today betting on a risk indicator
01[09:57] {@Threei} Short Setup: GLD  .60 break
[10:00] {jfjf64} nemo is it time for first shot
01[10:00] {@Threei}  Invalidated
[10:01] {nemo} Fed governor speaks @10...these central bank maneuvers are so well orchestrated
[10:05] {RonS} Foot Locker $FL says looking at European M&A opportunities
01[10:06] {@Threei}  (US) Republicans in the House of Reps have filed a lawsuit to combat the Affordable Care Act (obamacare)
01[10:11] {@Threei}  half out VXX
01[10:12] {@Threei}  stop to .79
01[10:12] {@Threei}  don't think we ever had opening play lasting this long
[10:13] {dino} round two, fl sm l .90
[10:16] {jfjf64} with ya dino
[10:17] {jfjf64} lets get to vwap
[10:17] {jfjf64} .80
[10:18] {jfjf64} out
[10:18] {dino} gj jf
[10:18] {jfjf64} ty
[10:20] {dino} stop to .76
[10:20] {jfjf64} +65 cents
[10:20] {dino} out fl .76, +.86
[10:20] {jfjf64} me so happpy
[10:20] {jfjf64} ty
[10:21] {dino} yw
[10:21] {jfjf64} right to nemo vwap
[10:21] {jfjf64} crazy
[10:21] {dino} nemo's onto something w/his pivots
[10:22] {jfjf64} 100 percent
[10:22] {jfjf64} he knows vodka too
[10:22] {jfjf64} look at this fl
[10:23] {jfjf64} gps
[10:23] {jfjf64} lookin for bottom
[10:23] {jfjf64} ?
[10:25] {jfjf64} bery
[10:25] {jfjf64} l .28
[10:25] {jfjf64} out .49
[10:30] {nemo} so far gap up and OP EX playing out as expected
01[10:31] {@Threei}  yeah
01[10:31] {@Threei} Short Setup: WMT  .95 break
01[10:31] {@Threei}  If holds  .05
[10:32] {nemo} oh, jf...I know German wines too
[10:32] {nemo} and some...umm...er...non PC stuff
[10:35] {JoebiWan} gonna buy some of that Hangar tonight
[10:35] {nemo} best drunk straight, not as a mixer.
[10:36] {JoebiWan} oh man, i was gonna mix it with koolaid
[10:36] {nemo} have to kick you out of the Order for that
[10:36] {jfjf64} no mixer jbw
[10:36] {JoebiWan} ;)
[10:37] {jfjf64} on rocks
[10:37] {JoebiWan} always straight
[10:37] {nemo} mmmhhh...I'm never straight
[10:37] {jfjf64} had that feelin bout ya
[10:42] {_chasj} on short setup on WMT, did If holds .05 mean stop at 85.00
01[10:43] {@Threei}  ?
01[10:43] {@Threei}  .05 means .05
01[10:43] {@Threei}  break of .05 will signify stop
[10:43] {_chasj} ty
[10:44] {_chasj} meaning 85.05
01[10:44] {@Threei}  of course
01[10:44] {@Threei}  alerts are always price
01[10:44] {@Threei}  not the number of cents
[10:44] {_chasj} thank you
[10:45] {_chasj} got it
01[10:45] {@Threei}  holding by fingertips
01[10:45] {@Threei}  also, you, vodka drinkers... "on rocks"???
01[10:45] {@Threei}  what the duece
01[10:45] {@Threei}  no ice
01[10:46] {@Threei}  chill drink itself in the fridge
01[10:46] {@Threei}  or use chilling stones
01[10:46] {@Threei}  but ice dilutes when melts
[10:47] {dino} i like the ice
01[10:47] {@Threei}  so have the ice
01[10:47] {@Threei}  and vodka separately
01[10:48] {@Threei}  no go WMT
[10:48] {dino} well, usually do both, shots chilled, or glass w/ice
[10:49] {jfjf64} vxx
[10:49] {jfjf64} .80 break
[10:50] {Jenh} nice job jf
[10:51] {dino} fl app lod
01[11:01] {@Threei}  nice move VXX
[11:01] {jfjf64} ty
[11:02] {jfjf64} 30000order just went through
[11:03] {jfjf64} out
[11:03] {RonS} prob ese
[11:03] {jfjf64} lol
[11:03] {nemo} first level of vxx support is .95
[11:03] {jfjf64} yeah he runs like that
[11:06] {jfjf64} fl
[11:06] {jfjf64} another leg up
[11:06] {jfjf64} dino
01[11:09] {@Threei}  two of oldtimers say hello and are about to rejoin the jungle,
[11:09] {nemo} and......
01[11:09] {@Threei}  dptl, will meet with him in two weeks and he should pop back up in Dec
01[11:09] {@Threei}  and robbers, probably in new year
[11:09] {nemo} finally getting out of detox?
01[11:10] {@Threei}  or unglued his eyes from the screenshot of ese female singers
[11:13] {dino} jf, yeah, think so, want to see .75 break
[11:14] {jfjf64} keep I on
[11:15] {dino} db maybe
[11:17] {jfjf64} little down from here
[11:18] {jfjf64} looks lk db
[11:18] {jfjf64} .21
[11:19] {jfjf64} .25
[11:19] {jfjf64} break
[11:20] {dino} .
01[11:23] {@Threei}  http://www.arrestinglight.com/blog/2014/11/november-highlights
[11:24] {dino} fl sm l .26
[11:24] {jfjf64} .27
[11:25] {_chasj} 3i, is that Vancouver
01[11:27] {@Threei}  Victoria
[11:27] {_chasj} beautiful
[11:28] {dino} fl stop is brk lod
[11:30] {jfjf64} yes
[11:30] {_chasj} what does brk mean
[11:30] {jfjf64} target
[11:30] {jfjf64} vwap
[11:30] {JoebiWan} in with ya sml .19
[11:30] {nemo} break
[11:30] {dino} break of low of day
[11:30] {nemo} two more frickin' letters dino...wtf
01[11:30] {@Threei} Long Setup:  DAL  .75 break
[11:30] {RonS} lol
01[11:32] {@Threei}  oh boy
01[11:32] {@Threei}  (EU) France Fin Min Sapin: Too much criticism of the ECB places its independence at risk
01[11:33] {@Threei}  lol
01[11:33] {@Threei}  worthy of idiot comment of the day award?
01[11:33] {@Threei}  change DAL to .70 break
01[11:33] {@Threei}  If holds  .65
[11:35] {nemo} oops...just poured vodka in my coffee
[11:35] {dino} stopped
[11:35] {nemo} I did stop
01[11:36] {@Threei}  why oops?
01[11:36] {@Threei}  sounds like right course of action
[11:36] {nemo} rather in a shot glass
01[11:36] {@Threei}  now, had you poured coffee in vodak, that would be questionable act
01[11:38] {@Threei} Short Setup: JPM  .78 break
01[11:39] {@Threei}  If holds  .85
01[11:39] {@Threei}  somewhat OCD numbers, lol
[11:39] {jfjf64} yes I say
01[11:40] {@Threei}  half out DAL
01[11:40] {@Threei}  stop .69
01[11:45] {@Threei}  1/4 more out DAL
01[11:45] {@Threei}  stop .74
[12:00] {dino} \fl rinsed
[12:02] {jfjf64} ahh shit
[12:03] {dino} fl sm l .31
[12:10] {dino} mid .60s wall last time
[12:10] {nemo} think you can move the stop down on jpm a bit
[12:10] {dino} added calls
[12:11] {jfjf64} on
[12:11] {dino} fl
[12:12] {dino} i use options to swing trade
[12:12] {jfjf64} adsk
[12:13] {jfjf64} gonna bust out
[12:13] {jfjf64} k
[12:15] {dino} 07 red
01[12:18] {@Threei}  1:1  JPM
01[12:18] {@Threei}  almost fell asleep
[12:21] {nemo} I moved my stop down to .73
[12:23] {nemo} I
[12:23] {nemo} I'll bet max OP EX pain is around 205
[12:23] {nemo} they won't get it that far, but they'll try to get it to 206
01[12:25] {@Threei}  1:2  JPM
01[12:26] {@Threei}  lol... thing at this image: http://cdn.diply.com/img/5f04df6a-6d3b-475e-91b9-66d928113a15.jpg
01[12:27] {@Threei}  called Looq System Adjustable Tablet Tripod / Monopod with Selfie Shutter Button
01[12:27] {@Threei}  reviewer comment:
01[12:27] {@Threei}  I wouldn't touch this thing with a Looq System Adjustable Tablet Tripod / Monopod with Selfie Shutter Button.
[12:27] {JoebiWan} lol
[12:28] {nemo} stop to .66 JPM
[12:30] {cosmo} it takes out the goofy wide angle...
01[12:32] {@Threei}  there us nothing under the sun that would take goofiness out of selfies
[12:33] {cosmo} use an slr
01[12:33] {@Threei}  the only thing that outgoofes selfies, and unsurprizingly both go together often, is a duck face
[12:33] {nemo} btw...me thinks .42ish will be bottom on jpm
[12:36] {nemo} well, that is if it doesn't stop me out here
01[12:40] {@Threei}  this has to be the cutest/funniest video I've seen in 5 days
[12:40] {nemo} iwm vwap run
01[12:40] {@Threei}  https://www.facebook.com/video.php?v=10152159740881795
[12:43] {_chasj} That's a funny video
[12:44] {JoebiWan} lol spaz cat
01[12:44] {@Threei}  total heart attack
[12:44] {nemo} this may be a double bottom on JPM at R2
01[12:45] {@Threei}  and in case you wander why exactly 5 days - today is Friday, and my long term memory wipes clean every weekend
01[12:45] {@Threei}  wonder
01[12:45] {@Threei}  short term memory - every time I blink
[12:45] {nemo} stand up, it'll take the pressure off your brain
01[12:46] {@Threei}  (blink)
01[12:46] {@Threei}  nemo? who are you?
[12:46] {nemo} no man
[12:46] {nemo} nice setup
01[12:46] {@Threei}  now, what's this Post-Ot on my keyboard...
01[12:47] {@Threei}  "Cover JPM if hits .50"
[12:47] {nemo} "My name is Vadim Graifer, I live at...."
01[12:47] {@Threei}  no, that one is in my wallet, with headline: to whoever finds me wandering the streets
01[12:48] {@Threei}  awww... jen missed it all
[12:49] {nemo} I would hardly call enduring your sense of humor a "miss"
[12:50] {nemo} at least in a negative sense
[12:50] {Jenh} what did i miss?
01[12:50] {@Threei}  sigh... nemo says nothing
[12:51] {nemo} I'm busy looking through porn sites...have my stops in
[12:51] {Jenh} oh just read above
[12:51] {Jenh} very funny :)
01[12:51] {@Threei}  see nemo??
01[12:51] {@Threei}  some do find me funny
[12:51] {nemo} she was talking about MY commentary, not yours
01[12:51] {@Threei}  ah...
[12:51] {Jenh} yeah this whole chat room is great
01[12:51] {@Threei}  does your mibbit show you the vido link, Jen?
01[12:51] {@Threei}  video
[12:52] {Jenh} i'm usually either giggling or laughing from 9:30-4
[12:52] {Jenh} awesome job!
01[12:52] {@Threei}  if you make money too, that's the best way to spend a day
[12:52] {Jenh} yeah, i just saw the cat and gekkos?
01[12:52] {@Threei}  yes
[12:53] {Jenh} poor kitty
01[12:53] {@Threei}  yeah... lost one of his 9 lives I bet
[12:54] {Jenh} yeah, and the lizard's self esteem is through the room
[12:54] {Jenh} *roof
[12:54] {nemo} oooohhh...might just have to move my stop down again
01[12:54] {@Threei}  hehe... "let me tell you the great story how I scared that cat..."
01[12:54] {@Threei}  ok JPM
01[12:54] {@Threei}  time to die
[12:54] {Jenh} exactly
[12:55] {nemo} are you quoting Rutger Hauer?
[12:56] {nemo} just under .50 is the 61.8 retrace in JPM
[12:56] {nemo} moved my stop to .58
01[12:57] {@Threei}  1:3
[13:00] {JoebiWan} out ty vad
01[13:00] {@Threei}  yw
[13:00] {nemo} mmmhhh.  why don't you just move your stop down?
01[13:02] {@Threei}  pains me to say so, but
01[13:02] {@Threei}  nemo was rr
01[13:02] {@Threei}  rrig
01[13:02] {@Threei}  no, I can't
[13:02] {nemo} what was I rrig about?
01[13:03] {@Threei}  you were rrig about [12:33] {nemo} btw...me thinks .42ish will be bottom on jpm
[13:03] {nemo} talk about moth memory...I forgot
01[13:04] {@Threei}  I scotch-taped my eyelids to avoid blinking
01[13:04] {@Threei}  thus preserving short temr memory from erasing
[13:04] {nemo} try cyanoacrylate
01[13:05] {@Threei}  nah, they tried it on Rasputin... not very effective
[13:05] {nemo} it wasn't invented until the 60's so I doubt that
01[13:05] {@Threei}  ah... maybe that's why it was ineffective
[13:06] {nemo} it's a good thing I don't live near you.  You're wife would have killed us both already
01[13:07] {@Threei}  she gave up on that
[13:07] {nemo} moved my stop down to .53
01[13:08] {@Threei}  I distinctly remember her murmuring "hell, even cyanide doesn't work on him"
[13:08] {nemo} silver bullets and a stake
[13:08] {nemo} spy likely to 206.10 now
[13:08] {nemo} no guarantees of course
[13:09] {nemo} needs to stay under .50
[13:09] {nemo} that was quite a volume spike right there
[13:09] {jfjf64} drink nemo drink
[13:10] {nemo} waaaaaaaaaay ahead of ya' jf
[13:12] {nemo} this is weekly pivot on IWM
[13:13] {_Jenh} nemo, how did you figure out 206.10?
[13:13] {nemo} oh boy, if spy and iwm drop these hammers
[13:13] {nemo} proprietary jen, if I tell you....
[13:13] {_Jenh} Bid share or other day
[13:13] {nemo} nope
[13:13] {nemo} what, u think I'm easy?
[13:14] {nemo} I might be a slut, but...
[13:14] {nemo} I have standards
[13:14] {_Jenh} if you tell me you have to kill me?
[13:14] {_Jenh} ok, i'll just take it as magical knowledge
[13:14] {nemo} I didn't say that
[13:14] {nemo} u have no idea
[13:15] {_Jenh} so this is warlock schooling showing through with u?
[13:15] {nemo} I prefer "shaman" or "exorcist"
01[13:15] {@Threei}  1:4
[13:15] {_Jenh} ic
01[13:16] {@Threei}  how come I was never schooled in shamanism? :(
[13:16] {nemo} you were from Ukraine, not Tungusia
[13:16] {_Jenh} us muggles are just not lucky
01[13:16] {@Threei}  I smell discrimination
[13:17] {RonS} fl heavy pedi...
[13:17] {cosmo} the Carpathians come to mind for shamans
[13:17] {nemo} oh jeez, Ron's hitting the grape juice again
[13:18] {nemo} because your information is bad cosmo
[13:18] {nemo} Carpathians a bunch of pagans
[13:18] {cosmo} checking...
[13:18] {nemo} they confused Qi vampires with blood suckers
[13:18] {RonS} arun tripped
[13:19] {cosmo} nope, its them all right
[13:19] {nemo} minor leagues cosmo
[13:19] {cosmo} today maybe
[13:19] {nemo} stop to .46
[13:20] {RonS} twitter hacked?  recieved nothing here for hours...lol...maybe they banned me
01[13:20] {@Threei}  looks ok
[13:21] {nemo} wow, except for the first 10 minutes in this JPM short, it's been better than _______
[13:22] {RonS} wow...China's new climate plan requires 1,000 new nuclear reactors
[13:24] {nemo} won't need streetlights, everything will glow in the dark
[13:24] {nemo} my mind scares me
[13:26] {nemo} volume spikes spy
[13:27] {nemo} o.k spy may bounce here, but .35 overhead resistance
[13:27] {nemo} keeping jpm stop at .46 for now
[13:27] {nemo} jpm volume spike
[13:28] {nemo} vodka break....
[13:28] {jfjf64} crazy s o b
[13:28] {nemo} you talkin' about my mother?
[13:29] {nemo} she died in 2001
[13:29] {jfjf64} never just u
[13:30] {nemo} always would nail ese with that one
[13:30] {nemo} stop to .42
[13:31] {nemo} o.k they'll try to jack the whole number in SPY j
[13:31] {nemo} Jen...
[13:31] {_Jenh} yes
[13:31] {nemo} Jen...
[13:31] {_Jenh} what's up?
[13:31] {nemo} 206.10 is the two day VWAP, algo's like that
[13:31] {_Jenh} ahhhh, thank you
[13:32] {_Jenh} i have neither vwap or algo so figured it had to be magic
[13:32] {nemo} .25 now overhead resistance on spy
[13:33] {_Jenh} thanks
[13:33] {nemo} np...send check or money order
[13:34] {_Jenh} to where?
[13:34] {nemo} we're back to the "If I tell u..." scenario
[13:34] {_Jenh} sorcery, warlock, or which school
[13:34] {_Jenh} :)
[13:34] {nemo} shaman/exorcist
[13:35] {_Jenh} can't remember the harry potter place and tried to wiki
[13:35] {_Jenh} that's right, i forgot "shaman/exorcist"
[13:35] {nemo} ohhhh Puleeeeeeeese!
[13:35] {_Jenh} i have to keep my magical people people straight
01[13:35] {@Threei}  they are
01[13:36] {@Threei}  ?
[13:36] {nemo} we're "forward" never "straight"
01[13:36] {@Threei}  not thast there is anything wrong with that
[13:37] {nemo} what can I say, I luv Bunny....
[13:37] {nemo} see how SPY having problems with .25 so far
[13:37] {nemo} get's through that next resistance .47 and dropping
[13:38] {_Jenh} yes, i saw that. thanks!
[13:38] {nemo} JPM low is R1
[13:40] {nemo} itneresting, IWM likely to retest 117, and IWM .40ish, JPM not going with so far
[13:41] {nemo} ahhh...IWM 117 and SPY .40ish
[13:41] {nemo} I'm not as think, as you drunk I am
[13:45] {dino} fl sm l .76
[13:46] {nemo} nobody buying JPM in this upmove so far
[13:47] {nemo} they're trying though
[13:47] {jfjf64} keep driving nemo
[13:47] {jfjf64} ya doing great
[13:47] {nemo} not in my condition
[13:48] {jfjf64} comon
[13:48] {jfjf64} ya really drinkin already
[13:48] {nemo} real simple, stop is .42
[13:48] {nemo} arguably first resistance is .38, but key is what spy does @.44
[13:49] {nemo} imo, that is
[13:50] {nemo} btw...weak side on algo is weakening, so likely hood of indexes going up is growing
[13:50] {nemo} see volume in JPM, that makes this level important
[13:50] {nemo} imo, that is
[13:51] {jfjf64} imo
[13:51] {jfjf64} ofcourse
[13:53] {nemo} SPY holds .44 I should get swtopped out
[13:55] {nemo} stopped
[13:56] {nemo} just a little too tight
[13:57] {jfjf64} what ever ya like
[13:58] {nemo} still ended up better tha 1:3
[13:58] {nemo} just slow
[13:59] {jfjf64} great hearing ya narrate trade
[13:59] {RonS} gj
[13:59] {nemo} I'm not usually sober this late in the day
[13:59] {jfjf64} ya alright nemo
[13:59] {_Jenh} gj nemo
[14:00] {JoebiWan} sobered up already?
06[14:00] * nemo "blushes"
[14:00] {nemo} no...just getting started, running heavy machinery and firearms a little later
[14:00] {jfjf64} gps
[14:01] {jfjf64} should go
[14:02] {dino} tcp drop/gap fill
[14:02] {JoebiWan} where you doin that nemo?
[14:03] {dino} sm l .02
[14:03] {nemo} Massachusetts
[14:03] {JoebiWan} i mean, you run a machine shop or somethin?
[14:03] {nemo} no, but the playing with firearms is accurate
[14:04] {nemo} vad, whaddy think about spy long here?
[14:04] {nemo} I'm thinking above .55, or sso above .80
[14:05] {jfjf64} dino ya long fl
[14:05] {jfjf64} shhhh vg sleepin
01[14:06] {@Threei}  me no sleep
01[14:06] {@Threei}  me try think
[14:06] {nemo} ahhh, his beauty coma
01[14:06] {@Threei}  my duccesful not
01[14:06] {@Threei}  d=s
[14:06] {jfjf64} I know
01[14:06] {@Threei}  feels like break will get rinsed here, nemo
01[14:07] {@Threei}  how about DKTK?
[14:07] {nemo} spy nees to hold .45
[14:07] {jfjf64} ?
01[14:07] {@Threei}  look IWM
[14:07] {nemo} works for me
01[14:07] {@Threei}  .75 break is setup,
[14:07] {nemo} IWM showing bi-setup
01[14:07] {@Threei}  let's let it go, wait for a rinse
[14:07] {dino} out tcp .62, +.60
[14:07] {nemo} finnies iffy too
01[14:07] {@Threei}  and enter around .65 after stops are hit
01[14:08] {@Threei}  wtg dino
[14:08] {dino} ty
[14:08] {nemo} these indexes might all be bi-setups
01[14:12] {@Threei} Long Setup:  IWM  .65 break
01[14:12] {@Threei}  If holds  .60
01[14:12] {@Threei}  how about this forecast rinse?
01[14:12] {@Threei}  am I fit for candidate to shamans?
[14:13] {nemo} it chooses u
[14:13] {_Jenh} lol
01[14:13] {@Threei}  or it doesn't
[14:13] {JoebiWan} lol
[14:14] {nemo} time for you to call Chaeron, Vad
[14:15] {nemo} SPY under bearish level now
[14:18] {dino} wow, sold tcp about a buck too soon
[14:18] {nemo} watching for IWM bounce
[14:21] {jfjf64} .521
[14:21] {jfjf64} .51
[14:25] {nemo} .45 break?
01[14:25] {@Threei}  no clear setup yet
[14:25] {nemo} nope
[14:26] {nemo} .15 level spy
[14:30] {nemo} haa, look at JPM now
01[14:31] {@Threei} Long Setup:  IWM  .20 break
01[14:31] {@Threei}  If holds  .15
[14:31] {nemo} got .22
[14:31] {nemo} might be a tad early
[14:32] {nemo} spy might want to check 206 again
[14:34] {jfjf64} common vg 1:4
[14:34] {nemo} ..65 a distinct possibility
[14:35] {nemo} heavy sledding between here and .35
[14:36] {nemo} stop to be
[14:38] {nemo} SPY and finnies puking
01[14:41] {@Threei}  1:2
[14:42] {jfjf64} buy mortama buy
[14:42] {JoebiWan} trailing or out at 1:3
01[14:43] {@Threei}  1:3
01[14:43] {@Threei}  out
01[14:43] {@Threei}  man, am I good or what
[14:43] {nemo} stop to .34
06[14:43] * @Threei pats himself on the back, dislocates shoulder and goes back to his corner
[14:44] {JoebiWan} gj vad. ty
[14:44] {nemo} spy holds .35 we might be looking at a vwap run
01[14:44] {@Threei}  yw
[14:45] {dino} back in 30 or so, hard stop fl at .72
[14:49] {nemo} stop to .44
[14:50] {nemo} watching spy and finnies for weakenss
[14:50] {jfjf64} ty nemo
[14:50] {nemo} weakness
[14:50] {jfjf64} let me pour ya shot
[14:50] {jfjf64} and yes ty vg
[14:50] {jfjf64} shot for ya also
[14:51] {nemo} dogfight for spy up through .55
[14:52] {jfjf64} holdin .35
[14:52] {nemo} finnies not following yet
[14:52] {jfjf64} explodeeeeeeeeeeeeeee
[14:53] {nemo} not unless finnies follow
[14:53] {nemo} we're getting close to the .60 target
[14:53] {jfjf64} bam
[14:53] {nemo} first target hit
[14:54] {jfjf64} relode
[14:54] {nemo} not me
[14:54] {jfjf64} fireeeeeee
[14:54] {nemo} move stop up to .52
[14:54] {jfjf64} got it
[14:54] {jfjf64} ty
[14:55] {nemo} spy needs to stay above .38
[14:55] {jfjf64} im gonna milk this bitch
[14:55] {jfjf64} vg bitch
[14:55] {nemo} jf, there are women in the room
[14:55] {nemo} oh oh spy
[14:56] {jfjf64} out
[14:57] {jfjf64} sorry jen
[14:57] {nemo} eh, hasn't hit my stop yet, and spy only momentarily broke .35
[14:57] {nemo} it drops that doji, then it's over imo
[14:58] {jfjf64} careful dino fl
[14:59] {jfjf64} holdin .35 spy
[14:59] {nemo} yep
[15:00] {jfjf64} nemo what a good geman red
[15:00] {nemo} German reds?  good? not really, they have a red grape they grow on the Saar/Ruwer river, forgot the name of it off hand...it's o.k. but their Rieslings are to die for
[15:01] {_Jenh} lol u guys don't have to be so worried about what you write while i'm around
[15:01] {_Jenh} i'm fine with the language
[15:01] {_Jenh} you know everything is online so I can see stuff from years ago through 111 Trades
[15:01] {jfjf64} ahhh
[15:02] {nemo} stop to .58
[15:02] {_Jenh} i have seen enough to know how this group is
[15:02] {jfjf64} I do apol for potty mouth
[15:02] {_Jenh} np
[15:02] {nemo} vwap run just became a distinct possibility
[15:03] {nemo} IWM target .90ish
[15:03] {_Jenh} i curse over hear when a trade doesn't go my way to (or to help it) ;)
[15:03] {_Jenh} *too
[15:03] {nemo} you mean like "gosh darn"  "dagnabbit
[15:04] {_Jenh} sure. i totally sound like a looney toons character in the middle of a trade
[15:04] {nemo} "sufferin' succotash!"
[15:05] {_Jenh} that's me to a t
[15:05] {nemo} well, that's Warner Bros.
[15:05] {jfjf64} dats all folks
[15:05] {_Jenh} :)
[15:05] {nemo} the Universe is a strange place
[15:08] {nemo} spy volume spike, needs to stay above .40
[15:08] {nemo} frankly though this is  a short setup right here in IWM but I'll hold the stop
01[15:10] {@Threei}  look where we got IWM... 5 cents from bottom
[15:10] {nemo} out
[15:10] {jfjf64} very nice job
[15:11] {nemo} oh frig me
[15:11] {jfjf64} patience ya waited for set up
[15:11] {_Jenh} gj
[15:11] {nemo} mudda fugga
[15:11] {nemo} I got pennied out
[15:11] {jfjf64} ?
[15:11] {jfjf64} mudda fugga
[15:11] {nemo} I moved stop to .58 shoulda been .54
[15:12] {jfjf64} oh boy
[15:12] {nemo} jf...use your imagination...stand up to take the pressure off your brain
[15:12] {jfjf64} looks like higher
[15:12] {nemo} no shit, vwap run
[15:13] {nemo} stop too tight
[15:13] {jfjf64} common ya said that to vg already today
[15:13] {nemo} got .64 and .58 so not bad, but...
[15:13] {jfjf64} ya said stop .54
[15:13] {jfjf64} when I got out
[15:13] {nemo} [15:02] {nemo} stop to .58
[15:14] {jfjf64} na pretty good
[15:14] {jfjf64} ahh missed that post
[15:14] {nemo} lucky you did
[15:14] {jfjf64} I was apol to jenny
[15:14] {jfjf64} at time
[15:15] {_Jenh} oh jf :(
[15:15] {_Jenh} thanks for being gentlemanly
[15:15] {jfjf64} oh ty
[15:16] {nemo} just stop wearing the plaids and the stripes together JF
[15:16] {RonS} outta here...good weekend to all
[15:16] {nemo} looks like that might be it
[15:16] {JoebiWan} cya ron
[15:17] {jfjf64} what ya fireing tonight heavy artilery
[15:17] {_Jenh} have a great weekend Ron
[15:17] {jfjf64} enjoy Alaska ron
[15:17] {nemo} nah, instinct shooting
[15:18] {jfjf64} whats that
[15:18] {nemo} no sights
[15:18] {jfjf64} I need all sights I cd get
[15:18] {nemo} that's the paradox, u don't
[15:19] {nemo} wow, we're going higher
[15:19] {jfjf64} why wouldn't we
[15:19] {jfjf64} Obama baby
[15:20] {jfjf64} mkts love em
[15:20] {nemo} that .58 stop looks bad now
[15:21] {jfjf64} yep
[15:21] {jfjf64} look iwm
[15:21] {jfjf64} going to vwap
[15:22] {nemo} maybe
[15:22] {nemo} .55 support
[15:23] {nemo} could be forming short setup here
[15:23] {nemo} so, no man's land if we had stayed in
[15:24] {jfjf64} swimming no life jacket
[15:25] {nemo} yeah, that tightened stop looks worse all the time
[15:25] {nemo} frickin' Les, if it weren't for him....
[15:26] {jfjf64} how finnies
[15:27] {nemo} holding but looking a tad weak
[15:27] {jfjf64} jpm
[15:28] {nemo} Vad IWM long setup here
[15:29] {nemo} tna .81 long
01[15:29] {@Threei}  looks like
[15:29] {nemo} stop .74
[15:29] {jfjf64} grr
[15:29] {nemo} partial .93 getting late
[15:30] {nemo} stop to BE
[15:30] {jfjf64} missed both
[15:30] {nemo} I was a little slow, can't pour shots and type at the same time
[15:31] {nemo} target 76.60ish
[15:31] {JoebiWan} i got tna
[15:31] {JoebiWan} the stock....
[15:31] {nemo} I love TnA
[15:31] {jfjf64} ahhh
[15:31] {JoebiWan} ty nemo
[15:31] {jfjf64} jbw
[15:31] {nemo} padawan
[15:31] {JoebiWan} out here
[15:31] {jfjf64} ya fit in jungle just fine
[15:32] {nemo} what was that about "milking the bitch"? JF
[15:32] {jfjf64} go tna
[15:32] {jfjf64} even though nemo post 10 cents in money
[15:32] {nemo} no about .03
[15:32] {nemo} I hit the buy and then posted
[15:33] {nemo} sorry, tna can move fast
[15:33] {jfjf64} lol
[15:33] {jfjf64} kiddin
[15:33] {nemo} TNA tucked me good earlier this week
[15:33] {jfjf64} im out here
[15:33] {jfjf64} enjoy all
[15:34] {nemo} had one of those vacuum trap door drops
[15:34] {jfjf64} ty vg
01[15:34] {@Threei}  take care jf
[15:34] {JoebiWan} cya jf
[15:34] {nemo} target IWM vwap
[15:34] {jfjf64} look at that
[15:35] {jfjf64} hit the bottom vg perfect
[15:35] {_Jenh} have a great weekend jf
01[15:35] {@Threei}  :)
[15:35] {nemo} look at spy at the same time jf
[15:35] {nemo} tested 206
[15:35] {jfjf64} I see
[15:36] {nemo} stop is iwm .85
[15:37] {nemo} I'm also out if spy hits vwap first
[15:37] {dino} fl stopped -.04
[15:38] {nemo} love those trades that take off right after you enter without going red on ya
[15:38] {nemo} out
[15:38] {nemo} .01
[15:39] {nemo} eh
01[15:48] {@Threei}  OK guys, this was a sweet week
01[15:49] {@Threei}  thank you all, let's have a great relaxing weekend
01[15:49] {@Threei}  see you on Monday
[15:49] {JoebiWan} bye all ty
[15:49] {_Jenh} bye! have a great weekend everyone