Thursday, May 28, 2015

May 28 2015

Slightly positive day, most trades were merely scalps. Low volume trading

Session Time: Thu May 28 00:00:00 2015
[08:51] {dino} gm 3i
01[08:51] {@Threei}  dino :)
01[09:23] {@Threei}  - ECB's Nowotny reiterated view that ECB was a rule-based institution and had no no flexibility to provide interim support for Greece
01[09:32] {@Threei} Long Setup:  FCX  20 break
01[09:35] {@Threei}  If holds  .90
01[09:38] {@Threei} Short Setup: FB  .80 break
01[09:39] {@Threei}  If holds  .90
01[09:40] {@Threei}  1:1
01[09:40] {@Threei}  1:2
[09:43] {dino} amag sm l .65 gappy
[09:43] {nemo} new girlfriend?
[09:44] {dino} lol
[09:45] {dino} out amag .15, +.50
[09:45] {dino} good girl
[09:45] {nemo} no such thing
01[09:45] {@Threei}  :)
01[09:46] {@Threei}  FB again
01[09:46] {@Threei}  same setup
01[09:46] {@Threei}  two-sided this time
01[09:46] {@Threei}  .80 short or .90 long
01[09:47] {@Threei}  long is more likely
01[09:48] {@Threei}  .80 rejects hard
01[09:49] {@Threei}  hectic
[09:51] {dino} avgo smr s .82
[09:51] {dino} cov .20, +.62
01[09:54] {@Threei}  wtg
01[09:54] {@Threei} Long Setup:  MCD  98 break
01[09:55] {@Threei}  If holds  .90
01[09:56] {@Threei}  Invalidated
[09:56] {nemo} shit thought you meant short...I took it that way
[09:57] {nemo} stop to .l93
[09:57] {nemo} .93
01[09:58] {@Threei} Long Setup:  MCD  .80 break
01[09:58] {@Threei}  If holds  .70
01[09:59] {@Threei}  that's interesting... how do you take word "long" for "short" and green color for red, unless you start drinking at 6 am
[09:59] {nemo} you know me so well
[09:59] {nemo} setup looked short to me
[09:59] {dino} greens and reds mess me up
01[10:00] {@Threei}  most setups can be taken either way depending on which side triggers first
[10:00] {nemo} they're both usually amphetamines
01[10:00] {@Threei}  *(US) APR PENDING HOME SALES M/M: 3.4% V 0.9%E; Y/Y: 13.4% V 10.9%E
[10:00] {nemo} you running for office Vad?
[10:00] {cosmo} instinct is key
[10:00] {nemo} funny...I think it's lack of sobriety
[10:01] {nemo} stop to .83
[10:01] {nemo} algo opening very red
01[10:01] {@Threei}  CAT should be ready soon
[10:02] {nemo} already @S3
01[10:02] {@Threei} Long Setup:  CAT  .35 break
01[10:02] {@Threei}  If holds  .25
[10:02] {nemo} little late
[10:03] {dino} in .39
01[10:03] {@Threei}  1:1
01[10:03] {@Threei}  here is an idea: keep your order ready for pullback instead of typing how late you are {G}
[10:04] {nemo} that means I have to put the shot glass down
01[10:05] {@Threei}  not necessary
01[10:05] {@Threei}  beer hat will solve all your problems
[10:05] {nemo} IV?
[10:05] {cosmo} it might be good for initiating instinct, neo
[10:05] {nemo} pxd
[10:05] {cosmo} nemo i mean
[10:05] {nemo} yeah, wtf...this isn't the Matrix
01[10:05] {@Threei}
[10:05] {nemo} I took the other pill
[10:06] {cosmo} :)
[10:06] {cosmo} i took a white one
[10:06] {nemo} aspirin doesn't count
01[10:06] {@Threei}  lol
[10:06] {cosmo} its good for pain
[10:06] {nemo} vodka
[10:07] {cosmo} liquid asprin
[10:07] {nemo} EXPE dino
[10:08] {dino} on it
[10:09] {nemo} market goes south, that has a gap to fill
[10:09] {nemo} weak stocks:  rcl pxd mmm
[10:09] {nemo} joy
[10:09] {nemo} fslr
[10:09] {nemo} expe
[10:09] {nemo} apa
[10:09] {nemo} nov
[10:09] {nemo} alxn
[10:09] {nemo} slb
[10:10] {nemo} strong:  twtr vfc
01[10:10] {@Threei}  1:1  MCD
[10:12] {cosmo} IWM needs to hold 123.8  imo
[10:12] {nemo} that's the 34 ema
01[10:12] {@Threei} Long Setup:  AIG  .90 break
01[10:12] {@Threei}  If holds  .80
[10:17] {dino} cat stopped -.26
01[10:19] {@Threei}  1:1
[10:21] {dino} cat whippy
[10:21] {dino} rinsed
01[10:28] {@Threei} Long Setup:  FB  .50 break
01[10:28] {@Threei}  If holds  .40
01[10:30] {@Threei}  no go
01[10:31] {@Threei}  crap, greeks fault
01[10:31] {@Threei}  (GR) IMF comments on Greece; expecting Greece authorities to make their payments to the IMF
01[10:34] {@Threei} Long Setup:  VXX  .10 break
01[10:34] {@Threei}  If holds  19
01[10:39] {@Threei}  stop to .04
01[10:42] {@Threei} Short Setup: FB  .35 break
01[10:42] {@Threei}  If holds  .45
01[10:48] {@Threei}  nah
01[10:49] {@Threei}  breakdown didn't happen
[10:59] {nemo} aapl looks sick
[11:07] {nemo} think I'll watch a movie
01[11:08] {@Threei} Long Setup:  CAT  .30 break
01[11:08] {@Threei}  If holds  .20
[11:08] {nemo} ballsy, can't get above vwap
01[11:09] {@Threei}  Invalidated
[11:11] {dino} adding cat calls
[11:11] {dino} adding uri calls
01[11:13] {@Threei}  Putin says FIFA arrests shows US meddling abroad
01[11:14] {@Threei}  of course... he bought that 2018 world championate, and now is told it was illegal
[11:14] {dino} lol, how about putin getting 8 goals in the pro hockey game last week? who does he think he is, kim of n korea
01[11:16] {@Threei}  goalie fainted when saw him with pack
01[11:16] {@Threei}  it's let the pack through or go to Siberia
[11:16] {dino} who really believes this junk?
01[11:16] {@Threei}  you wouldn't believe how many...
01[11:16] {@Threei}  I hardly believe myself
01[11:17] {@Threei}  for a while I thought it was Stalinist times 2
01[11:17] {@Threei}  now I see it's worse
[11:17] {dino} looking more like facism
01[11:17] {@Threei}  in first version, people knew and understood what happened, and went along simply because alternative was deasth
01[11:18] {@Threei}  now, a lot of them really believe
01[11:18] {@Threei}  maybe much more powerful technologies of brainwashing help, maybe something elsde, don't know
01[11:35] {@Threei}  in case anyone needs a refresher on various methods of order execution in Logix,
01[11:41] {@Threei}  drew, missed link to logix order routing?
[11:41] {drewj} yes...internet problems
01[11:42] {@Threei}
[11:42] {drewj} ty
01[12:03] {@Threei} Short Setup: CAT  86 break
01[12:03] {@Threei}  If holds  .10
01[12:09] {@Threei}  1:1
[13:37] {nemo} Vad?
[13:37] {nemo} Vad?
[13:38] {nemo} ad?
[13:38] {nemo} Vad?
[13:38] {dino} lol
[13:38] {nemo} should I sober up?
01[13:38] {@Threei}  ??
01[13:38] {@Threei}  why would you do that?
[13:39] {nemo} I have to drive in a couple of hours
01[13:39] {@Threei}  so?
[13:39] {dino} take one for the ditch
[13:39] {nemo} I'm going through 2 liters of vodka a week
[13:40] {nemo} I have to get a wand scan at the airport because my liver won't get through a metal detector
01[13:44] {@Threei} Long Setup:  CAT  86 break
01[13:44] {@Threei}  If holds  .90
[13:49] {nemo} I get so bored...should have been watching expe all day
[13:50] {dino} bored here too
[13:50] {nemo} shouldn't you be pumping Iron about now
01[13:50] {@Threei}  I feel guilty
[13:51] {nemo} comes with being Jewish
01[13:51] {@Threei}  then again, if I tried to dance to entertain you, I'd have even more reason to feel guilty
[13:51] {dino} should, but i'm tired
[13:51] {nemo} would wolverine bitch about being tired?
[13:51] {nemo} how about Ahnold?
[13:51] {nemo} get off ur ass
[13:51] {dino} no?
[13:52] {nemo} you can rest when ur dead
01[13:52] {@Threei}
[13:52] {nemo} EXPE below 109 could be intersting
[13:52] {nemo} especially if market comes in
[13:53] {nemo} oh yeah, oldie but goodie
[13:53] {nemo} tight stop above .05
[13:54] {nemo} gap ahoy!
[13:54] {dino} pretty big gap 106 area
[13:55] {nemo} ur kinda' girl
[13:55] {dino} 106 lbs
[13:55] {nemo} doesn't need a life preserver
[13:55] {nemo} and no gag reflex
[13:57] {nemo} arguably .20 is also a resistance level
[13:59] {nemo} aapl looking short
[13:59] {dino} flat lining too me
[14:00] {dino} to
[14:00] {nemo} yeah, but time is coming
[14:00] {dino} no spikes, no capits......c'mon
[14:01] {nemo} methinks you'll have to change ur style for the summer...or go teach golf
[14:01] {dino} hope you're wrong
[14:01] {nemo} without a crisis, gonna' be very dead this Summer
01[14:02] {@Threei}  I disagree
[14:03] {nemo} whatever
01[14:03] {@Threei}  there always will be individual stocks with news
[14:03] {nemo} just looking at volume
[14:03] {nemo} 50 mil today, shit lowest last August was 48 mil
01[14:03] {@Threei}  dino's style is uniquely positioned in this regard, with as little connection to general market as it gets
01[14:04] {@Threei}  you maye have no volume in the market, yet a given stock with news will see action
[14:04] {nemo} Dino is unhinged from reality...good on ya'!
[14:04] {dino} i have to agree w/vad. always spikes/capits going on
[14:04] {nemo} really?  how's today been?
[14:04] {dino} reality is real nemo, not sure i want to be there
[14:04] {nemo} sucks dude
[14:05] {nemo} when you start dealing with other dimensions, gets real complicated
[14:05] {dino} today, as spock would say, the days' not over yet
[14:05] {nemo} which doesn't answer the concrete question I posed
[14:06] {dino} ?
[14:06] {nemo} who do you think ur talking to....Les?
[14:06] {dino} lol, that bring back memories
[14:06] {nemo} [14:05] {nemo} really?  how's today been?
[14:06] {dino} day is not over yet
[14:06] {dino} busy morning
[14:07] {dino} amag, avgo were nice
[14:08] {nemo} hard stop in expe above .06
01[14:13] {@Threei}  (EU) Spokesperson for IMF's Lagarde rebuts earlier Germany press attribution of her comments about the possibility of Greece's exit from the EMU - Reminder: Earlier (GR) IMF Lagarde said to feel that a Greece exit from the EMU may be a possibility as the talks have not led to substantial results
[14:14] {dino} lol, they talk both sides daily
[14:14] {dino} been going on for 3 years now
[14:15] {dino} greece leaves once they stop loaning it money for the payment due
[14:16] {dino} frgi spike
01[14:17] {@Threei} Long Setup:  VXX  19 break
01[14:18] {@Threei}  If holds  .95
[14:22] {dino} 07 green
[14:26] {dino} frgi s .16
[14:28] {dino} cov .01, +.15
01[14:28] {@Threei} Long Setup:  IWM  .45 break
01[14:28] {@Threei}  If holds  .35
[14:30] {dino} dwti drop
[14:34] {dino} gme spike
[14:34] {dino} syt spike
[14:36] {dino} gme sm s .96
[14:45] {dino} cov .95, out of time. back in 30 or so
01[15:03] {@Threei}  let's go IWM
01[15:03] {@Threei}  it's time
01[15:13] {@Threei}  US) Fed's Kocherlakota (non-voter, dove): Raising interest rates this year is not consistent with the Fed's mandate - would require 3 more years of job gains similar to that seen in 2014 for full employment to be reached; at full employment, the rate would likely not be below 5%
01[15:17] {@Threei} Long Setup:  TWTR  .90 breask
[15:26] {dino} miss much?
01[15:26] {@Threei}  nah
[15:27] {dino} clls spike
01[15:27] {@Threei}  LLS Said to be in talks to sell the company - financial press- Holder Pfizer (~10% holder) speculated as a suitor -
01[15:27] {@Threei}  CLLS
[15:44] {dino} gotta hop, gn all
01[15:45] {@Threei}  1:1  IWM
01[15:45] {@Threei}  finally
01[15:54] {@Threei}  OK, closing UWM
01[15:54] {@Threei}  I
01[15:54] {@Threei}  thank guys, have a good evening, see you tomorrow