Thursday, April 30, 2015

Apr 30 2015

Another beautiful trading session, with 5 strong wins and 1 5-cents stop.


Session Time: Thu Apr 30 00:00:00 2015
[09:16] {dino} gm
01[09:16] {@Threei}  dino :)
[09:18] {drewj} hey guys
01[09:18] {@Threei}  drew :)
[09:20] {drewj} I made a decision Vad...for the next month I am not going to trade live.  I am only going to use my demo account.
[09:20] {drewj} I'm just going to focus on learning.
01[09:20] {@Threei}  then make sure that follow the rules of paper trading, to make it most effective
[09:21] {drewj} I will
01[09:22] {@Threei}  http://blog.realitytrader.com/2009/12/paper-trading-waste-of-time-or-valid.html
[09:29] {dino} vrsk gap fill
[09:31] {jfjf64} Mornin men
01[09:31] {@Threei}  jf :)
01[09:31] {@Threei} Long Setup:  FB  .10 break
01[09:31] {@Threei}  If holds  80
01[09:32] {@Threei}  1:1
01[09:33] {@Threei}  1:2
01[09:33] {@Threei}  1:3
01[09:33] {@Threei}  out
[09:33] {jfjf64} 1:4
[09:34] {jfjf64} Ty f.  K.  Yea
01[09:34] {@Threei}  yw
[09:34] {jfjf64} Your open reads r great
[09:35] {jfjf64} What did you see there
01[09:35] {@Threei}  I'd have to kill you...
[09:35] {jfjf64} K
[09:35] {jfjf64} Keep a secret
[09:35] {jfjf64} Thank god I didn't miss
01[09:36] {@Threei} Short Setup: FCX  .65 break
[09:36] {jfjf64} Nemo missed
01[09:36] {@Threei}  If holds  .75
01[09:36] {@Threei}  he'll be in later
01[09:40] {@Threei}  1:1
[09:40] {jfjf64} House money
01[09:41] {@Threei}  my favorite kind
[09:43] {jfjf64} Next
[09:43] {jfjf64} No harm
[09:43] {jfjf64} Vrx pushin
[09:44] {jfjf64} What a bitch fcx
01[09:45] {@Threei}  *(US) APR CHICAGO PURCHASING MANAGER: 52.3 V 50.0E -
[09:47] {jfjf64} Want pullback esrx
[09:48] {jfjf64} Ha late to party
[09:49] {jfjf64} Boy fb big swings.  Up.  Down
01[09:51] {@Threei} Long Setup:  FB  .35 break
01[09:51] {@Threei}  If holds  .25
01[09:51] {@Threei}  change to .30
01[09:51] {@Threei}  If holds  .20
01[09:51] {@Threei}  to .24
[09:52] {jfjf64} K
01[09:53] {@Threei}  1:1
[09:53] {jfjf64} Hm
[09:53] {jfjf64} Gjob
01[09:54] {@Threei}  GJOB, symbol not found
[09:54] {jfjf64} Lol
01[09:54] {@Threei}  :)
[09:54] {jfjf64} B
01[09:54] {@Threei}  25 minutes in, 3 wins, 1 bad joke
[09:55] {jfjf64} Wher trail to
01[09:55] {@Threei}  .29
[09:56] {jfjf64} Get to .50 we go to hod
01[09:59] {@Threei}  closed on a trail
[09:59] {jfjf64} Yes
[10:02] {jfjf64} Fb here
[10:02] {jfjf64} .20 break
[10:03] {jfjf64} 1:1
[10:03] {jfjf64} 1:2
[10:08] {jfjf64} Spw bounce time 20
[10:08] {jfjf64} .20
[10:08] {jfjf64} Dino here today
[10:09] {jfjf64} No go
[10:10] {jfjf64} Comon
[10:10] {jfjf64} Comon
[10:12] {jfjf64} Up .80 cents
[10:15] {dino} sidetracked
[10:16] {jfjf64} Good morning so far
01[10:22] {@Threei} Short Setup: FB  80 break
01[10:23] {@Threei}  If holds  .10
[10:24] {jfjf64} Mbcomon follow aapl
[10:25] {jfjf64} Comon
[10:26] {jfjf64} .91 big line in sand
[10:26] {jfjf64} Let's break it down
[10:27] {jfjf64} Might be time to break out steel toe boots vg
01[10:29] {@Threei}  I just swore off violence
[10:30] {jfjf64} Maybe one more time
[10:31] {jfjf64} Need to go now gettin closer to 13 ma north side
06[10:32] * @Threei hits FB over the head with 2x4
[10:32] {jfjf64} Yeah
[10:32] {jfjf64} That a boy
[10:32] {jfjf64} Half out here
01[10:32] {@Threei}  there... just when I think I am out, they pull me back in
[10:32] {jfjf64} 91
[10:33] {jfjf64} Ya a team player
[10:33] {jfjf64} You sell half .91
[10:34] {jfjf64} Long here
[10:34] {jfjf64} Imo
[10:35] {jfjf64} I got you 4-0 today
[10:35] {jfjf64} Ty
01[10:35] {@Threei}  yw
[10:37] {jfjf64} I didn't play long looks nice
[10:40] {jfjf64} .91 wall
[10:41] {jfjf64} Breaks 80 I'm long pal
[10:42] {jfjf64} Maybe trap but I bit
[10:45] {jfjf64} No
01[10:46] {@Threei}  1:2
[10:46] {jfjf64} Good job
[11:04] {jfjf64} Spy
[11:14] {jfjf64} Holx .50 break
01[11:17] {@Threei} Long Setup:  TWTR  .70 break
01[11:17] {@Threei}  If holds  .60
01[11:34] {@Threei} Long Setup:  TWTR  .20 break
[11:34] {jfjf64} Twtr 20 break long
[11:34] {jfjf64} Lol
01[11:34] {@Threei}  If holds  .10
[11:35] {jfjf64} That's scary
[11:36] {jfjf64} If winner I get smiley face
[11:37] {jfjf64} If loser ya fault
01[11:37] {@Threei}  deal
01[11:39] {@Threei}  1:1
[11:42] {jfjf64} Need to get up north on 13 ma
[11:42] {jfjf64} .31
[11:42] {jfjf64} Now .33 we good
[11:44] {jfjf64} You take smiley 5-0 today
[11:44] {jfjf64} Nice
[11:49] {jfjf64} I hate twtr
[11:50] {jfjf64} Never used it
[11:51] {jfjf64} Going to lunch
01[11:52] {@Threei}  solid?
[11:52] {jfjf64} Yes
[11:53] {jfjf64} Tonight lots liquid ranger hockey
[11:53] {jfjf64} We play hockey in the states
01[13:11] {@Threei} Long Setup:  TWTR  .40 break
01[13:11] {@Threei}  If holds  .30
[13:11] {nemo} how was morning
[13:12] {nemo} don't answer me all at once
01[13:15] {@Threei}  hey
01[13:15] {@Threei}  very nice, 5:5
01[13:16] {@Threei}  jf is unconscious of happiness
[13:16] {nemo} wow, nice opening
01[13:16] {@Threei}  but have to give it to him, he regretted that you miss good trading morning
[13:16] {nemo} Tell you the truth, couldn't have had a better one myself
01[13:16] {@Threei}  09:36] {jfjf64} Nemo missed
[13:17] {nemo} missing the morning was worth every penny
01[13:17] {@Threei}  productively chased some blonde?
[13:18] {nemo} no, not quite
01[13:18] {@Threei}  unproductively then
[13:19] {nemo} hardly
[13:20] {nemo} dcc vad
[13:21] {nemo} SPY looks short but finnies and IWM noncommital
01[13:21] {@Threei}  feels like random waves
[13:22] {nemo} had good trading yesterday, down day on Monday, up day on Tuesday, probably needs to coalesce today
01[13:23] {@Threei}  you are a tad rusty
01[13:23] {@Threei}  gotta get back in the saddle
[13:23] {nemo} in regards to?
01[13:23] {@Threei}  trading
01[13:24] {@Threei}  had what, two months intermission?
[13:24] {nemo} don't know, been so busy, lost track
[13:25] {nemo} BABA looks short
01[13:26] {@Threei}  lol: https://www.facebook.com/video.php?v=771158919562430
[13:35] {nemo} AAPL looks weak
01[13:48] {@Threei} Long Setup:  TWTR  .10 break
01[13:48] {@Threei}  If holds  39
01[13:49] {@Threei}  change to 39
01[13:49] {@Threei}  If holds  .90
[14:00] {nemo} shit rinsed on aapl short
[14:04] {nemo} EBAY
[14:10] {jfjf64} Wow fb smashed
[14:11] {dino}  ocr spike
[14:11] {jfjf64} Seemed heavy
[14:11] {jfjf64} Esrx spike
[14:13] {dino} ocr sm s .00
[14:27] {jfjf64} Iwm.55 break long
[14:30] {jfjf64} Nope
01[14:37] {@Threei} Long Setup:  FCX  .45 break
01[14:37] {@Threei}  If holds  .35
[14:41] {dino} orc sm s .02
[14:41] {nemo} try that again Dino, unless you're watching LOTR
[14:42] {dino} ?
[14:43] {dino} stopped
[14:43] {nemo} ok...maybe I'm wrong, you just traded ocr, now you're trading orc
[14:43] {dino} opps, meant ocr
[14:43] {nemo} thought so
[14:43] {nemo} and it's oops
[14:43] {dino} lol
[14:43] {nemo} sheesh...Vad a bad influence
[14:44] {dino} watching too many screens today, eyes are bugging, mind is losing it
[14:44] {nemo} you're old too
[14:44] {dino} 12 windows open on two different platforms, trying to figure things out
[14:45] {nemo} you're fucked
[14:45] {nemo} too much info
[14:45] {jfjf64} Crazy
[14:45] {nemo} you should trade on one, then open the other during lunch to play
[14:45] {nemo} then shut it down for the afternoon session
[14:45] {dino} rinsed
[14:45] {nemo} know that feeling
01[14:47] {@Threei}  stop to .34
[14:49] {nemo} VXX
01[14:49] {@Threei}  meh
[14:49] {jfjf64} Vxx
[14:49] {nemo} no real bounce in market who is gonna buy now
[14:50] {dino} amot crushed this week -11
[14:53] {nemo} VXX
[14:56] {jfjf64} .70 l fb
[14:58] {jfjf64} Nope
[14:58] {jfjf64} Looked like not following mkt for min
[14:58] {jfjf64} Stupid trade
[14:59] {nemo} we could rot into the close now
[14:59] {jfjf64} Hope ya in vxx
[15:00] {jfjf64} Nice call
[15:00] {nemo} 22.01
[15:00] {jfjf64} Nice
[15:00] {nemo} stop is now .08
01[15:00] {@Threei}  wtg
[15:00] {nemo} gap close .23
[15:01] {nemo} stop .12
[15:02] {jfjf64} You partial out nemo
[15:02] {nemo} .18 no
[15:03] {nemo} out spy hit S2 on wekly
[15:05] {jfjf64} You move stop up in increments 5 cents time ?
[15:05] {nemo} depends on the candle
[15:06] {nemo} based on my erroneous estimates of movement
[15:06] {jfjf64} Sounds diffullcut
[15:07] {nemo} arguably should have stayed at .12 but we're so close to S3 daily SPY and the Weekly S2 I put it at .18 which was right below the mid point of that high hammer
[15:08] {nemo} on top of that SPY closed a gap
[15:08] {jfjf64} I use 13 ma when I don't partial
[15:08] {nemo} so conservative play, had those 3 supports not come into play, probably would have let it ride
[15:08] {nemo} sure
[15:08] {jfjf64} Stop wd be .14
[15:08] {nemo} I get a second opinion from Bunny also
[15:09] {nemo} oh oh, elevator down
[15:09] {nemo} 207.38 on tap
[15:10] {jfjf64} Bombs away
[15:10] {nemo} could be
[15:10] {nemo} algo is seriously red
[15:10] {jfjf64} My indicators say bounce here
[15:11] {nemo} volume coming in?
[15:11] {jfjf64} Yep order flow
[15:12] {jfjf64} Divergance
[15:12] {nemo} now, after the last two days, ask yourself why would anybody buy now, other than short covering
[15:12] {cosmo} iwm 121?
[15:12] {nemo} why would anybody buy?
01[15:13] {@Threei}  because bounce
01[15:13] {@Threei}  nothing goes straight up or down
[15:13] {jfjf64} Yes sir
[15:14] {nemo} definitely a support area in SPY
[15:14] {nemo} closed a gap in IWM too
[15:14] {jfjf64} Grrrrr
[15:14] {nemo} and is at price support
[15:15] {jfjf64} Didn't hv balls to pull trigger
[15:15] {jfjf64} Nailed it
[15:16] {dino} jf, you've been in the zone, go w/your gut
[15:16] {nemo} IWM has given up and is back to the December highs
[15:21] {jfjf64} .30 break s aapl
[15:22] {jfjf64} 1:1
01[15:26] {@Threei} Long Setup:  FB  .45 break
01[15:26] {@Threei}  If holds  .35
[15:26] {jfjf64} 1:2
[15:27] {jfjf64} :3
[15:27] {nemo} FB @gap
[15:27] {jfjf64} 1:4
[15:28] {jfjf64} Me out
[15:28] {nemo} long ss0 .01
[15:29] {nemo} stop under .80
[15:29] {nemo} small btw
[15:29] {jfjf64} Sso
[15:29] {nemo} SSO
[15:30] {nemo} it's SPY proxy
[15:30] {nemo} stop to 131
[15:30] {jfjf64} Fb 35
[15:30] {jfjf64} Break
[15:31] {nemo} stop to .10
[15:31] {jfjf64} 1:1
[15:31] {nemo} stop to .18
[15:31] {jfjf64} .53 res
[15:31] {jfjf64} 1:2
01[15:32] {@Threei}  nice
[15:32] {jfjf64} You in vg
[15:32] {nemo} volume coming in SOGOTP time
[15:32] {jfjf64} 1:3 out
[15:33] {nemo} stop to .29
[15:35] {nemo} out
[15:35] {nemo} probably a little too tight
[15:36] {nemo} yep
[15:36] {jfjf64} Iwm
[15:36] {nemo} should have stuck with .18
[15:36] {jfjf64} Cup/ handle
[15:37] {nemo} shuld have got into SSO @.91 but saw it too late
[15:38] {nemo} this .70 leve serious problem, it breaks this VWAP definite possibility
[15:38] {nemo} which would be the .50 level on SPY
[15:38] {jfjf64} Indicator down iwm
[15:39] {nemo} not for me yet but definitely weakening, this is the Weekly S4 on IWM
01[15:39] {@Threei}  OK guys, thank you all
01[15:39] {@Threei}  have a good evening, see youi tomorrow
[15:39] {nemo} thanks for the warning
[15:39] {jfjf64} Vg always leavin party
[15:39] {nemo} wife
[15:41] {jfjf64} .15 iwm sd get held up



Wednesday, April 29, 2015

Apr 29 2015

Perfect trading session, especially being FOMC day. One stop, the rest are profitable trades with juicy 1:5 and 1:3 all over.

Session Time: Wed Apr 29 00:00:00 2015
[09:15] {dino} gm
01[09:17] {@Threei}  dino :)
[09:18] {drewj} Morning fellas
01[09:20] {@Threei}  drew :)
[09:29] {dino} well ll slap in the face
01[09:29] {@Threei}  ?
[09:30] {dino} calls
01[09:30] {@Threei}  ah
01[09:30] {@Threei}  Upside:
01[09:30] {@Threei}  -XPO +14% (acquiring Norbert Dentressangle SA for €3.24B)
01[09:30] {@Threei}  -GPRO +11% (earnings)
01[09:30] {@Threei}  -HOT +9% (earnings)
01[09:30] {@Threei}  -ARNA +7.7% (issues favorable data on APD371 Phase 1 trial)
01[09:30] {@Threei}  -GNW +6.3% (earnings)
01[09:30] {@Threei}  -LOGM +6% (earnings)
01[09:30] {@Threei}  -IHG +4% (momentum from HOT earnings/exploring alternatives)
01[09:30] {@Threei}  Downside:
01[09:30] {@Threei}  -IG -33% (earnings)
01[09:30] {@Threei}  -LL -18% (earnings)
01[09:30] {@Threei}  -SSYS -17% (earnings & negative broker commentary)
01[09:30] {@Threei}  -BWLD -11% (earnings)
01[09:30] {@Threei}  -WYNN -9.5% (earnings)
01[09:30] {@Threei}  -SVU -7% (earnings)
01[09:30] {@Threei}  -AKAM -5% (earnings)
01[09:30] {@Threei}  -TWTR -3% (earnings)
01[09:30] {@Threei}  -PNRA -3% (earnings)
01[09:30] {@Threei}  -BC -3% (earnings)
01[09:30] {@Threei}  -LVS -2.9% (momentum from WYNN comments)
01[09:32] {@Threei} Short Setup: FB  80 break
01[09:32] {@Threei}  If holds  .10
[09:34] {jfjf64} Gn
[09:34] {jfjf64} Gm
01[09:34] {@Threei}  no go
01[09:34] {@Threei}  jf :)
01[09:35] {@Threei} Short Setup: TWTR  .60 break
01[09:35] {@Threei}  .70
01[09:35] {@Threei}  hectic
[09:36] {dino} vdsi gap fill
01[09:36] {@Threei}  got away
[09:37] {jfjf64} Lvs s .70
01[09:38] {@Threei} Long Setup:  IWM  .50 break
[09:38] {jfjf64} 1:1
01[09:38] {@Threei}  If holds  .40
01[09:39] {@Threei}  1:2
01[09:40] {@Threei}  skipped 1:1 in its morning enthusiasm
[09:44] {dino} anik drop
[09:44] {jfjf64} Gpro 54 break
[09:44] {jfjf64} Invalid
01[09:44] {@Threei} Short Setup: BP  .35 break
01[09:44] {@Threei}  If holds  .45
01[09:47] {@Threei}  1:1
[09:48] {jfjf64} Lbs .50 break short
[09:49] {jfjf64} Lvs
[09:49] {jfjf64} 1:1
[09:53] {jfjf64} Wynn 112 long
[09:55] {nemo} you went LVS short and WYNN long, interesting
01[09:55] {@Threei}  he hedges against himself
[09:55] {nemo} in the same industry no less
[09:55] {nemo} would look to short both at vwap
[09:56] {jfjf64} Was playin lvs short while Wynn was dumpin
[09:56] {jfjf64} Lvs bounced first
[09:56] {nemo} WYNN looks short here
[09:56] {nemo} oh, on the utick rule
01[09:56] {@Threei} Long Setup:  CAT  .10 break
[09:56] {dino} vdsi sm l .70
01[09:56] {@Threei}  If holds  86
[09:57] {jfjf64} I'm long 250 shares
01[09:59] {@Threei}  Invalidated
01[10:00] {@Threei}  *(US) MAR PENDING HOME SALES M/M: 1.1% V 1.0%E; Y/Y: 13.4% V 5.1%E
01[10:00] {@Threei}  valid again
[10:01] {jfjf64} Looks like Wynn down
[10:01] {dino} anik smr l .30 wide
[10:01] {dino} .80 i mean
[10:02] {dino} edge issues again, no options trading on platform for 3 days now
[10:03] {dino} jf, what platform you using?
01[10:03] {@Threei}  here kitty kitty
[10:04] {jfjf64} Logix and td
[10:05] {dino} anyone use tradstation?
[10:05] {dino} tradestation
01[10:05] {@Threei}  too heavy for intraday trading
01[10:06] {@Threei}  slowish
[10:06] {dino} reporting issues on non-usa too rigid
[10:06] {jfjf64} Love ninja charts
[10:06] {jfjf64} Wynn gettin killed
[10:08] {jfjf64} Sea of red
01[10:09] {@Threei} Long Setup:  VXX  .30 break
01[10:09] {@Threei}  If holds  .20
01[10:10] {@Threei}  change to .20 break
01[10:10] {@Threei}  If holds  .10
[10:10] {jfjf64} Bigger pul bk better
[10:11] {nemo} algo very red
[10:11] {jfjf64} Lvs lod
[10:12] {nemo} see how it went to vwap first JF
[10:14] {jfjf64} Don't ha vwap on chart what was it 52.74
[10:14] {nemo} just a bit above
[10:15] {nemo} tells you institutions have no interest buying
[10:15] {jfjf64} Breaks .20
[10:16] {jfjf64} Going down
[10:16] {jfjf64} For little
[10:16] {jfjf64} Sting line
[10:16] {jfjf64} Strong
[10:17] {jfjf64} Bam
[10:17] {jfjf64} 51.60 target now
01[10:18] {@Threei}  half out CAT
01[10:18] {@Threei}  1:1
01[10:18] {@Threei}  finally
01[10:18] {@Threei}  took its sweet time
[10:19] {jfjf64} Watchin sow bounce
[10:19] {jfjf64} Spw
01[10:22] {@Threei}  1:1  VXX
[10:23] {jfjf64} Thought we never get there
[10:23] {jfjf64} Let's sit back n enjoy
[10:24] {jfjf64} Need spy hit lod and die
[10:27] {jfjf64} LL bounce ready
[10:31] {jfjf64} ll.75 long
01[10:31] {@Threei}  ugh CAT
01[10:32] {@Threei}  rinsed second half
[10:32] {jfjf64} 1:1
[10:32] {jfjf64} 1:2
01[10:33] {@Threei}  nice
[10:33] {jfjf64} 1:3
[10:33] {jfjf64} Spw got away
01[10:34] {@Threei}  CAT lost its mind
[10:35] {nemo} might be off oil number  XOP went parabolic
[10:35] {jfjf64} Wow
[10:36] {jfjf64} 86.86 next res cat
[10:39] {jfjf64} Meow
[10:40] {jfjf64} Got eye on cat for short
[10:41] {jfjf64} Got to fall right
[10:41] {nemo} may die out up here...FED day
[10:41] {nemo} look at channel on hourly
[10:43] {jfjf64} Cd of made case for .79 entry wanted higher
[10:43] {jfjf64} 86 ish
[10:43] {jfjf64} Got divergence though
[10:44] {nemo} FED Day
[10:44] {nemo} careful
[10:44] {nemo} you have time to drink and sober up before 2:15
[10:45] {nemo} CAT full green on algo
[10:45] {jfjf64} No delivery
[10:46] {jfjf64} My algorithm 79 cd of shorted
[10:46] {jfjf64} Didn't needed more
[10:47] {jfjf64} That wd of been aggresive
[10:47] {jfjf64} Which vg thinks I'm too
01[10:48] {@Threei}  what makes you think I think?
[11:11] {jfjf64} Did I miss anything
01[11:11] {@Threei} Long Setup:  VXX  .20 break
01[11:11] {@Threei}  If holds  .10
[11:14] {jfjf64} Ual 59 break short
[11:14] {nemo} #1 red on algo also DAL
[11:15] {jfjf64} Invalid
[11:16] {jfjf64} Valid
[11:19] {jfjf64} Cat flyin
[11:22] {jfjf64} 1:1
[11:22] {nemo} German 10 yrs. doubled their yield overnight
01[11:29] {@Threei}  1:1
[11:30] {jfjf64} Dino you alive
[11:30] {jfjf64} Very quiet
[11:31] {dino} yes, investigating platforms.
[11:31] {jfjf64} What bout logix
01[11:39] {@Threei}  Logix is in-house development, I know a guy who developed it
01[11:39] {@Threei}  trader himself
[11:39] {nemo} it's still raw though
01[11:39] {@Threei}  matures quickly
01[11:40] {@Threei}  latest versions have all I'd ever need
[11:40] {nemo} yeah, but dino trades options
[11:40] {jfjf64} Cnc .80 long
[11:42] {jfjf64} Missed bounce trigger on my scanner hme
[11:43] {jfjf64} The one I miss up 80 cents
[11:43] {jfjf64} Airlines gettin hit
[11:55] {jfjf64} Etp runnin
[11:57] {dino} using options house for options, they are fine for now. just looking to move stock trading account
[12:01] {nemo}  logix will work, I just suggest you learn how to open ports on your router
[12:06] {jfjf64} Unh 113 long
[12:07] {nemo} UNH is #4 weak stock full red
01[12:07] {@Threei}  1:2  VXX
[12:07] {jfjf64} Invalid
[12:07] {dino} anik from am, stop to .85
[12:07] {jfjf64} Nice vg
[12:08] {jfjf64} Valid unh
[12:09] {dino} tp .94
[12:09] {dino} to
[12:10] {jfjf64} Invalid
[12:10] {jfjf64} Going to lunch
01[12:13] {@Threei}  1:3
01[12:13] {@Threei}  out
06[12:14] * @Threei slaps jfjf64 around a bit with a large roll of cash
[12:15] {dino} out anik .95, +1.15
01[12:23] {@Threei}  nice
[12:27] {dino} ty
[13:12] {nemo} wow HOT
[13:19] {drewj} Dino how do  you set up your scanners?
[13:19] {drewj} I look on mine but they don't show your results.
[13:23] {dino} (gently edited out)
[13:24] {dino} (gently edited out)
[13:26] {dino} (gently edited out)
[13:27] {dino} (gently edited out)
[13:27] {dino} i trust vad will erase this
01[13:28] {@Threei}  I can be bribed to do that
01[13:28] {@Threei}  a box of single malt goes a long way
[13:29] {drewj} trying to decipher your lingo...
[13:30] {drewj} sorry
[13:30] {drewj} naz/di/s/p
[13:30] {drewj} ?
01[13:30] {@Threei}  nasdaq, diamonds, spy
[13:31] {drewj} thanks...the prints are each move of .07 cents?
[13:31] {drewj} you want 5 each?
[13:34] {dino} yes
[13:34] {dino} .07 moves, need 5 fast to get my attention
[13:35] {dino} lots of sitting and waiting with my system
[13:36] {dino} i can tell vad is doing well, blended malt used to get him to erase stuff
01[13:36] {@Threei}  I am aging... my favorite malts age too :)
[13:36] {dino} and years ago i remember single beer bets
[13:38] {cosmo} and now its a 6 pack?
[13:39] {dino} inflation in the trading room
01[13:39] {@Threei}  hehe
[13:40] {drewj} thanks dino
[13:42] {dino} np, gl
01[13:59] {@Threei}  *(US) FOMC HOLDS FED FUNDS RATE TARGET AT 0.25%: ECONOMY SLOWED IN THE WINTER DUE TO TRANSITORY FACTORS
01[13:59] {@Threei}  - Vote: 10 - 0
01[14:01] {@Threei} Long Setup:  FB  .60 break hl
01[14:01] {@Threei}  If holds  .50
01[14:01] {@Threei}  1:1
[14:05] {dino} damn anik went another $
01[14:05] {@Threei}  1:2
[14:27] {dino} cat calls from 4/23 sold 2.90, +1.06 / 58%
01[14:27] {@Threei}  nice
[14:27] {dino} ty
[14:28] {dino} sold awhile ago (12:59), just checked.
01[14:29] {@Threei} Long Setup:  FB  .80 break
01[14:29] {@Threei}  If holds  .70
[14:30] {jfjf64} Ssys.15 long
01[14:31] {@Threei}  change to .75 break
01[14:32] {@Threei}  stop .64, trail to .69 after .80 break
01[14:33] {@Threei}  1:1
[14:33] {jfjf64} Nice
01[14:35] {@Threei}  1:2
[14:37] {jfjf64} Trail .86
[14:37] {jfjf64} ?
01[14:37] {@Threei}  sure
01[14:37] {@Threei}  .84
[14:37] {jfjf64} K
[14:38] {jfjf64} She get pass 81.08 she flys
[14:39] {jfjf64} Go baby
[14:40] {jfjf64} Bam
01[14:40] {@Threei}  1:3
01[14:40] {@Threei}  man, I am good
01[14:40] {@Threei}  (and extremely modest)
[14:40] {jfjf64} For sure
01[14:40] {@Threei}  1:4
[14:40] {nemo} CRM
[14:41] {jfjf64} 81.24 nxt stop
[14:41] {nemo} DINO CRM
[14:41] {jfjf64} Trail .99
[14:41] {jfjf64} ?
[14:42] {jfjf64} .05
[14:42] {nemo} they're selling it
[14:44] {jfjf64} Let's get 1:5
[14:44] {jfjf64} You still in vg
01[14:45] {Threei}  last 200 shares, yes
[14:45] {jfjf64} .08 wall
[14:45] {jfjf64} What was res/ support
[14:45] {jfjf64} 24.  24
[14:46] {dino} crm spike, you get that drew
[14:46] {jfjf64} Using .03
[14:46] {jfjf64} 13 ma
[14:47] {dino} hired investment bankers
[14:47] {drewj} I've got to set up the scanner...haven't done it yet...but I will!
[14:47] {dino} n spike
[14:48] {jfjf64} Common baby
01[14:48] {Threei}  brrrreak FB
[14:48] {jfjf64} .24
01[14:48] {Threei}  stop .04
[14:48] {dino} wow crm
[14:49] {jfjf64} Gooooooooo
[14:49] {jfjf64} Out
[14:49] {jfjf64} Ty sir
[14:49] {dino} vsm s crm .21
01[14:50] {Threei}  yw
[14:50] {dino} gj
01[14:50] {Threei}  1:5, out
[14:50] {dino} stopped crm -.50
[14:50] {jfjf64} Perfect
[14:51] {dino} vsm s crm .00
[14:51] {jfjf64} You cd short here
[14:51] {jfjf64} Fb
[14:52] {dino} cov crm .05, +.95
[14:52] {dino} too soon
[14:53] {jfjf64} Nice dinoooo
[14:53] {dino} sm s crm .95
[14:54] {dino} cov .65, +.30
[14:55] {dino} sm s .50
[14:55] {dino} cov .20, +.30
[14:55] {dino} pulp
[14:55] {nemo} 75.70ish
[14:56] {dino} vwap 74 area
[14:56] {nemo} what crm?
[14:56] {dino} but bounces in .70 incrementsyes
[14:56] {nemo} I have it 73 area
[14:56] {dino} yes
[14:56] {dino} intra
[14:57] {dino} caci drop
[15:00] {dino} sm s .90
[15:01] {dino} cov .13 -.23
01[15:02] {Threei} Short Setup: FB  .05 break
01[15:02] {Threei}  If holds  .15
[15:02] {dino} caca sm l .20
[15:02] {dino} crm rinsed
[15:03] {dino} crm sm s .80
[15:05] {dino} cov crm .40, +.40
01[15:05] {Threei}  1:1
01[15:08] {Threei}  1:2
01[15:09] {Threei}  I deserve a gold star for such trading on FOMC day
[15:09] {jfjf64} Trail .91
01[15:09] {Threei}  .95
[15:09] {dino} how about a trout instead?
[15:09] {jfjf64} K
06[15:10] * dino slaps Threei around a bit with a large trout
[15:10] {jfjf64} .74
[15:10] {dino} out caci .68, +.48
01[15:10] {Threei}  1:3
01[15:10] {Threei}  this is what I get instead of a gold star?? :)
[15:10] {nemo} CRM below VWAP
[15:11] {jfjf64} Trail .84
[15:12] {jfjf64} Me out
[15:12] {jfjf64} Ty sir
01[15:12] {Threei}  yw
[15:12] {dino} gj
01[15:12] {Threei}  ty
[15:13] {jfjf64} Little aggresive today vg
[15:14] {nemo} wow CRM giving it up, should retest vwap then we'll see
[15:14] {dino} wants 72
[15:14] {jfjf64} Twtr burried
[15:15] {dino} damn, wanted bounce to 75
[15:15] {dino} 74 i mean
[15:16] {dino} sm s .24
[15:16] {dino} cov .90, +.24
[15:16] {dino} +.34
[15:17] {dino} chickened out
[15:17] {dino} you can feel it
[15:17] {dino} thers 72
[15:17] {dino} theres
[15:18] {nemo} there's
[15:23] {nemo} see what happens at VWAP
[15:25] {dino} going thru
[15:26] {dino} nope
[15:27] {dino} sm s .85
[15:27] {dino} stop .22, -.37
[15:28] {dino} hell of a spike
[15:32] {jfjf64} Fb ? .75
[15:32] {jfjf64} Break
01[15:33] {Threei}  .70
01[15:33] {Threei}  if holds .60
[15:34] {dino} powi drop
[15:36] {jfjf64} AAPL flin
[15:36] {jfjf64} Print .75 fb
[15:37] {dino} powi sm l .25
[15:38] {jfjf64} No losses money here
[15:39] {dino} gj jf, you've been in the zone
[15:40] {jfjf64} We all hv
[15:40] {dino} been a great month
[15:40] {jfjf64} Must be Nemo presence
[15:40] {jfjf64} Lol
[15:40] {jfjf64} Yes
[15:40] {jfjf64} Been
[15:40] {dino} lol
[15:41] {jfjf64} Not to shabby the vg guy
[15:41] {dino} indeed
[15:41] {nemo} had to lift my feet off the floor
[15:41] {jfjf64} Beats workin
[15:41] {drewj} ok guys...have a nice afternoon.
01[15:41] {Threei}  done here too
01[15:41] {Threei}  thank you all, have a great evening
[15:41] {drewj} take care all
01[15:41] {Threei}  see you tomorrow
[15:42] {dino} out 3/4 powi .72, +.47
[15:42] {jfjf64} Nice
[15:42] {dino} out remainder .44 +.19
[15:42] {dino} ty
[15:42] {dino} hell of an hour
[15:43] {dino} that 07 scanner been lighting up the last hour this month

Tuesday, April 28, 2015

Apr 28 2015

Boring but positive day, with a few strong trades in the morning (1:2 to 1:4), and empty afternoon.

Session Time: Tue Apr 28 00:00:00 2015
[09:09] {dino} gm
01[09:09] {@Threei}  dino :)
[09:18] {drewj} gm
01[09:18] {@Threei}  drew :)
01[09:29] {@Threei}  Upside:
01[09:29] {@Threei}  -RTEC +8% (earnings)
01[09:29] {@Threei}  -DGLY +7.5% (unrest in Baltimore; TASR & SWHC also up on the news)
01[09:29] {@Threei}  -RCII +6.5% (earnings)
01[09:29] {@Threei}  -MRK +5% (earnings)
01[09:29] {@Threei}  -UPS +2% (earnings)
01[09:29] {@Threei}  -AET +2% (earnings)
01[09:29] {@Threei}  -SVU +1.6% (earnings)
01[09:29] {@Threei}  Downside:
01[09:29] {@Threei}  -TCS -23% (earnings)
01[09:29] {@Threei}  -CPHC -15% (no news seen)
01[09:29] {@Threei}  -AMKR -9% (earnings)
01[09:29] {@Threei}  -UTHR -8% (earnings)
01[09:29] {@Threei}  -WHR -7.4% (earnings)
01[09:29] {@Threei}  -AMRN -6% (response letter from FDA regarding Vascepa)
01[09:29] {@Threei}  -ALSN -5% (earnings)
01[09:29] {@Threei}  -PH -3.5% (earnings)
01[09:29] {@Threei}  -CUDA -3% (earnings)
01[09:29] {@Threei}  -AUDC -3% (earnings)
01[09:31] {@Threei} Long Setup:  FB  .70 break
01[09:31] {@Threei}  lol
01[09:31] {@Threei}  late
01[09:31] {@Threei}  valid again
01[09:31] {@Threei}  If holds  .50
[09:31] {jfjf64} Nov 51 break short
01[09:32] {@Threei}  two-sided
01[09:32] {@Threei}  1:1
01[09:32] {@Threei}  1:2
01[09:34] {@Threei}  wow
01[09:34] {@Threei}  rug pull
01[09:37] {@Threei} Long Setup:  IWM  .60 break
01[09:37] {@Threei}  If holds  .50
[09:38] {nemo} love computer problems
01[09:38] {@Threei}  1:1
01[09:38] {@Threei}  what happened?
[09:39] {nemo} noticed it was very sluggish, so rebooted
01[09:40] {@Threei}  1:2
[09:48] {jfjf64} Msft short .45
01[09:49] {@Threei} Long Setup:  DAL  .90 break
01[09:49] {@Threei}  If holds  .80
[09:52] {dino} amot drop
[09:52] {dino} athm drop
[09:52] {jfjf64} No go msft
[09:54] {jfjf64} Fcx nice vol
[09:56] {jfjf64} Fcx .65 break
[09:56] {jfjf64} Hold .60
[09:56] {nemo} long or short?
[09:56] {nemo} ahhh
[09:57] {jfjf64} Long
01[10:00] {@Threei}  *(US) APR CONSUMER CONFIDENCE: 95.2 V 102.2E
[10:00] {jfjf64} 1:2
01[10:00] {@Threei} Short Setup: AIG  .10 break
01[10:00] {@Threei}  If holds  .18
[10:04] {jfjf64} Gild bounce time??
01[10:05] {@Threei}  1:1
[10:05] {cosmo} is this a consumer confidance dip?
[10:05] {dino} vdsi destroys earnings and raises, but won't stay up
01[10:06] {@Threei}  who knows cosmo
[10:06] {cosmo} k
[10:09] {jfjf64} Twtr lod
[10:10] {jfjf64} Rcl under 70
[10:10] {jfjf64} Wow
[10:14] {dino} 07 fat red
[10:14] {dino} fast
[10:14] {jfjf64} Bombs away
[10:14] {nemo} yeah, algo very red
01[10:14] {@Threei}  1:3
[10:15] {jfjf64} Nice vg
01[10:15] {@Threei}  ty
[10:16] {jfjf64} Gold getting action
[10:19] {jfjf64} Take ya 1:4 vg
[10:19] {jfjf64} Nice job pal
01[10:20] {@Threei}  yup, 1:4 and out
[10:21] {jfjf64} On that note I'm gonna go have bacon and egg on a bagel
[10:21] {jfjf64} I'll be back
[10:24] {nemo} see ya' Ahnold
[10:27] {nemo} HOT
[10:33] {nemo} major volume spike
[10:44] {jfjf64} Boy ups
[10:45] {nemo} yep #2 strong on algo green across the board
02[10:52] * Disconnected
Session Close: Tue Apr 28 10:52:08 2015

Session Start: Tue Apr 28 10:52:08 2015
Session Ident: #discussions
02[10:52] * Attempting to rejoin channel #discussions
03[10:52] * Rejoined channel #discussions
[10:53] {jfjf64} Lol
[10:56] {drewj} Vad how do you organize you trade timing with spy?
01[10:58] {Threei}  I am not sure the term organize fits here
01[10:58] {Threei}  there is no any special procedure
01[10:58] {Threei}  I simply look for setups that SPY action supports
01[10:59] {Threei}  SPY was in freefall mode, I was looking for shorts
01[10:59] {Threei}  AIG fit the bill
01[10:59] {Threei}  simple as that
[11:00] {jfjf64} K I S S
[11:00] {drewj} So you are waiting for more powerful impulses?
[11:00] {nemo} no, vodka delivery
[11:00] {drewj} right JF
[11:00] {drewj} :)
01[11:00] {Threei}  I don't know how to answer that drew, I don't understand the premise of the question
[11:01] {jfjf64} ? They didn't deliver vodka today nemo
01[11:01] {Threei}  there is no "impulse" as an element of my system
[11:01] {drewj} So any trade is ok as long as it agrees with the market.
[11:01] {nemo} forgot to put my order in last night
01[11:01] {Threei}  there are chart congurations with their elements
[11:02] {jfjf64} Go to other store
[11:02] {nemo} I get a volume discount
[11:03] {jfjf64} Sounds like cd be problem
[11:03] {jfjf64} More ways then one
[11:04] {jfjf64} Spy hod
01[11:09] {Threei} Long Setup:  FCX  .75 break
01[11:09] {Threei}  If holds  .70
[11:10] {nemo} hah
01[11:12] {Threei}  ?
[11:12] {nemo} jumped the entry
[11:12] {nemo} broke .75 right 7o .78
[11:13] {jfjf64} I took. Half off
[11:14] {jfjf64} Flag in nice
01[11:25] {Threei}  closed
[11:31] {jfjf64} Rcii .40 break
01[11:34] {Threei} Short Setup: JPM  .35 break
01[11:34] {Threei}  If holds  .45
01[11:35] {Threei}  Invalidated
[11:39] {jfjf64} Vxx time vg
[11:40] {jfjf64} ?
01[11:44] {Threei}  I doubt it
01[11:52] {Threei} Long Setup:  JPM  .45 break
01[11:52] {Threei}  If holds  .40
01[12:28] {Threei}  anyone took JPM?
[12:28] {drewj} on paper!
[12:28] {drewj} does that count?
01[12:28] {Threei}  as long as you manage it appropriately
01[12:30] {Threei}  A confusing dust-up in the Persian Gulf roiled markets mid-morning. Reports emerged around 10:00ET that Iran had seized a US cargo vessel, sending indices tumbling. Within an hour, a more complete picture emerged:
01[12:31] {Threei}  apparently the Iranian Revolutionary Guard seized a Marshall Islands-flagged Maersk cargo ship in the Straits of Hormuz and the ship's distress call was answered by a US Navy destroyer, and warning shots were possibly fired by one side or the other.
01[12:42] {Threei} Short Setup: JPM  .50 break
01[12:42] {Threei}  If holds  .60
[12:53] {jfjf64} Nov .23 break lod
[12:53] {jfjf64} Little mkt help
[13:03] {jfjf64} Common mkt die
[13:08] {jfjf64} We gonna tighten up stop jpm
01[13:12] {Threei}  .56?
01[13:12] {Threei}  let's
[13:12] {jfjf64} Thinkin
[13:13] {jfjf64} Wish this mkt get hit
[13:13] {nemo} unlikely today after yesterday and with FED tomorrow
01[14:09] {Threei} Long Setup:  VXX  .15 break
01[14:09] {Threei}  If holds  .05
[14:35] {drewj} Vad are most of your trades channel trades?
01[14:35] {Threei}  I never used that name
01[14:35] {Threei}  what is channel trade?
[14:36] {drewj} isn't that in 111 Trades book?
01[14:36] {Threei}  nope
[14:37] {drewj} Breakout, range and channel no?
01[14:37] {Threei}  you are confusing me with someone else :)
01[14:38] {Threei}  what is a channel trade?
[14:38] {drewj} pullback thingy?
[14:38] {drewj} I don't know
01[14:38] {Threei}  pullback is simply a way of entry
01[14:39] {Threei}  my main definitions are trend following and trend reversal
01[14:39] {Threei}  trend following includes break of the consolidation range, pullback entry
[14:39] {drewj} makes sense
01[14:39] {Threei}  reversal setups are DT/DB, BMR
[14:43] {drewj} so in trend following what is  your way of chosing break of consolidation vs pullback entry?
01[14:44] {Threei}  observation what works
01[14:44] {Threei}  in strong flying market breaks work
01[14:44] {Threei}  in more timid one, pullbacks are preferable
[14:53] {drewj} Page 7 of 111 trades says 'Channel Trade' :)
01[14:53] {Threei}  have you looked what it is?
[14:56] {drewj} A profit taking strategy
[14:57] {drewj} right?
01[14:57] {Threei}  huh?
01[14:57] {Threei}  drew, time to reread the whole thing...
[15:03] {drewj} maybe I am using your definitions in the wrong way
01[15:04] {Threei}  channel trade as described there is a subset of a subset, pullback entry in a trending market
01[15:04] {Threei}  and the way to draw the lines on the chart to determine the probable area of entry and target
[15:14] {nemo} should probably take the morning off
01[15:15] {Threei}  huh?
01[15:15] {Threei}  why?
[15:15] {nemo} FED
[15:15] {nemo} everything will lock up until 2:00
01[15:15] {Threei}  so morning will be the most suitable time, then it will become dead till 2
[15:16] {nemo} hour maybe, but given this action already...
[15:24] {drewj} Have a good eveing guys
[15:24] {drewj} evening
[15:24] {nemo} guess the twtr leak is believed
01[15:24] {Threei}  take care drew
[15:27] {nemo} twtr halted
[15:34] {nemo} now fb
01[15:35] {Threei}  TWTR Confirms Reports Q1 $0.07 v $0.04e, R$436M v $456Me
01[15:35] {Threei}  FB trades
01[15:41] {Threei}  OK, ending on this
01[15:41] {Threei}  see you tomorrow
[15:41] {nemo} cya

Monday, April 27, 2015

Apr 27 2015

Very nice day again, with good trades in both directions, ending with 1:3er on FB short.

Also, another great review for A Taoist Trader: http://goo.gl/jn5hQV. Hard copy from Amazon or e-book from http://www.realitytrader.com/ttebook.html, get it - you won't be sorry!



Session Time: Mon Apr 27 00:00:00 2015
[08:55] {dino} gm 3i
01[08:55] {@Threei}  dino :)
[09:14] {drewj} Morning all
01[09:14] {@Threei}  drew :)
[09:16] {drewj} How are you today Vad?
01[09:16] {@Threei}  not much different from yesterday...
01[09:16] {@Threei}  which might not be a too bad thing after 40 :)
[09:16] {drewj} So how were you yesterday?
01[09:17] {@Threei}  well, you know the answer, don't you? :)
01[09:17] {@Threei}  it will involve the day before as basis for comparison
[09:17] {drewj} Are you trying to be difficult?
[09:17] {drewj} Jesus
01[09:17] {@Threei}  not really... it comes to me naturally
[09:18] {drewj} :)
01[09:18] {@Threei}  and, my sense of humor wakes up about 2 hours later than the rest of me...
[09:19] {jfjf64} Mornin all
01[09:20] {@Threei}  jf :)
[09:20] {drewj} Ask Vad how he is today JF
01[09:20] {@Threei}  guys, got you a better e-mail to use in case of tech difficulties:
01[09:20] {@Threei}  help@logixtrader.com
01[09:20] {@Threei}  faster response
[09:22] {jfjf64} How r u today vg?
01[09:23] {@Threei}  {--- crying
01[09:24] {@Threei}  but OK, let's do it again if drew insists
01[09:24] {@Threei}  [09:16] {@Threei} not much different from yesterday...
01[09:24] {@Threei}  [09:16] {@Threei} which might not be a too bad thing after 40
01[09:31] {@Threei}  Upside:
01[09:31] {@Threei}  -CANF +27% (reported positive results from Phase 2/3 psoriasis trial)
01[09:31] {@Threei}  -IBIO +9.5% (arranged production of IBIO-CFB03 for clinical development with Caliber Biotherapeutics)
01[09:31] {@Threei}  -PWRD +4.5% (enters into definitive agreement for going private transaction at $20.20/shr)
01[09:31] {@Threei}  -IGTE +3.8% (being acquired by Capgemini for $4B)
01[09:31] {@Threei}  -HSBC +3.2% (said to be considering spin-of of UK retail bank unit)
01[09:31] {@Threei}  Downside:
01[09:31] {@Threei}  -CLDN -77% (negative data for Mydicar trial: other gene therapy names also down 4-6%: BLUE, QURE, ONCE, AAVL)
01[09:31] {@Threei}  -AKRX -15% (negative broker commentary; momentum from restatement news 4/24)
01[09:31] {@Threei}  -COCO -6.5% (announced cessation of all operations)
01[09:31] {@Threei}  -AMAT -5.8% (ending merger agreement with Tokyo Electron)
01[09:31] {@Threei}  -MRVL -4.3% (negative broker commentary; momentum from reducing Q1 guidance)
01[09:32] {@Threei} Long Setup:  CLDN  3 break
01[09:32] {@Threei}  If holds  .90
01[09:33] {@Threei} Long Setup:  FB  82 break
01[09:33] {@Threei}  If holds  ,90
01[09:34] {@Threei}  Invalidated  FB
01[09:34] {@Threei}  CLDN is valid
[09:35] {jfjf64} Qsr 43 break
01[09:35] {@Threei} Long Setup:  FB  .70 break
01[09:35] {@Threei}  If holds  .60
01[09:37] {@Threei}  1:1  FB
01[09:38] {@Threei}  1:2
01[09:39] {@Threei}  1:3
01[09:39] {@Threei}  1:4
01[09:39] {@Threei}  out
[09:39] {jfjf64} Ty
01[09:39] {@Threei}  yw
[09:39] {drewj} Nice one
01[09:39] {@Threei}  :)
01[09:40] {@Threei}  CLDN, not even peek above 3?
01[09:40] {@Threei}  come on
01[09:40] {@Threei}  Invalidated  CLDN
[09:43] {jfjf64} Jd break .15
01[09:47] {@Threei} Long Setup:  JPM  .90 break
01[09:48] {@Threei}  If holds  .85
[09:50] {nemo} AAPL gravity defying before earnings
01[09:53] {@Threei}  1:1
01[09:54] {@Threei}  1:2
[09:57] {jfjf64} Vips .45 break
[09:57] {dino} drew, yuo missed a very good friday
[09:57] {dino} you
[09:58] {jfjf64} 1:1 1:2
[10:00] {drewj} I was sick...I took the day off from work as well.
[10:02] {drewj} I'll look at the log
[10:05] {jfjf64} Va .65 break short
[10:06] {drewj} How are your options plays going dino?
[10:07] {jfjf64} Stoped
[10:10] {dino} good
01[10:13] {@Threei} Short Setup: TWTR  52 break
01[10:13] {@Threei}  If holds  .10
[10:13] {dino} akrx sm ml .45
[10:14] {dino} stop is .14
[10:15] {jfjf64} Watch cldn vg
01[10:15] {@Threei}  Invalidated
01[10:16] {@Threei}  doesn't seem to have life in it jf
[10:21] {jfjf64} Dd explding
[10:23] {dino} dd sm s .66
[10:24] {dino} stop dd .97, -.31
[10:24] {dino} damn
[10:24] {dino} dd s .88
[10:25] {jfjf64} .88
[10:25] {jfjf64} Also
[10:25] {jfjf64} Stop hod
[10:26] {jfjf64} 200 shares
[10:26] {dino} akrx stopped
[10:27] {dino} 1k jf
[10:28] {jfjf64} 200
[10:28] {jfjf64} You in 1k
[10:28] {dino} y
[10:29] {dino} .60s tough
[10:29] {jfjf64} Gets pass .45
[10:29] {jfjf64} We good
01[10:30] {@Threei}  *(US) APR DALLAS FED MANUFACTURING. ACTIVITY: -16 V -12.0E
[10:30] {dino} cov dd .34, +.54
[10:33] {dino} damn, too soon
[10:33] {dino} nice read jf
[10:33] {jfjf64} Ty
[10:33] {jfjf64} Out
[10:34] {jfjf64} .74 cents
[10:34] {dino} beauty
01[10:34] {@Threei}  wtg
[10:43] {jfjf64} Tsla looks short here no?
[10:43] {jfjf64} Lol
[10:43] {nemo} no
[10:44] {nemo} UPS looks shortish here
01[10:44] {@Threei} Long Setup:  MCD  .30 break
01[10:45] {@Threei}  If holds  .20
01[10:48] {@Threei}  nah
[10:49] {nemo} or is that a "meh"
01[10:49] {@Threei}  no, meh is a 5 cents stop
[10:50] {nemo} ahhh...so "nah"="no worky"
[10:52] {dino} 3i, i saw your logix post earlier, is that who you are trading through?
[10:52] {nemo} to whom do you speak?
01[10:53] {@Threei}  yes
[11:02] {nemo} IWM looks long here
[11:02] {jfjf64} Yes
[11:02] {nemo} stop under low
[11:03] {jfjf64} Me in
[11:03] {nemo} sheesh
[11:03] {jfjf64} Me stopped
[11:03] {dino} dd hod
[11:04] {jfjf64} Buyer in there dino
[11:06] {nemo} 125.62 Weekly pivot on IWM
[11:08] {jfjf64} You short dd dino
[11:11] {dino} not yet
[11:11] {dino} having platform issues
[11:12] {jfjf64} In Iwm .91
[11:13] {jfjf64} Need to break 126
[11:13] {jfjf64} That was prob right entry
01[11:15] {@Threei}  https://www.facebook.com/VadymGraiferPhotography/photos/a.488848774527976.1073741828.483178015095052/832319220180928/?type=1
[11:16] {drewj} I just hung one of those for my daughter on our patio.
[11:16] {drewj} I was thinking of getting a few more.
01[11:17] {@Threei}  a lot of fun
[11:17] {drewj} She's got a green thumb so we've been dong a lot of gardening too.
[11:17] {drewj} 9 yrs old
[11:17] {jfjf64} 1:1 close enough
[11:18] {dino} gj
[11:18] {nemo} IWM hit pivot
[11:19] {jfjf64} You long nemo
[11:19] {nemo} no
[11:19] {jfjf64} Dd ready Dino short
01[11:20] {@Threei} Long Setup:  TWTR  .45 break
01[11:20] {@Threei}  .c .35
01[11:20] {@Threei}  If holds  .35
[11:21] {jfjf64} .60 break
[11:21] {jfjf64} Dd
[11:22] {jfjf64} Invalid
[11:27] {dino} s dd .53
[11:30] {dino} dd bs is .67
[11:33] {jfjf64} Six s .39
01[11:41] {@Threei}  no go
[11:43] {dino} dd bs to .32
[11:43] {nemo} think above .40 better
[11:44] {dino} cov dd .31, +.22. thx for idea jf
[11:44] {nemo} hasn't broken that .25 swing low
[12:02] {jfjf64} Rgls long .16
[12:03] {jfjf64} Bouncer
01[12:06] {@Threei}  Greek PM Tsipras reshuffled his team handling talks with Europe and the IMF after Finance Minister Varoufakis was sharply criticized for his performance negotiations last week. Deputy Finance Minister Tsakalatos was tapped to replace Varougakis as the main Greek negotiator, and Tsipras was reportedly preparing labor and pension concessions to satisfy European demands. The euro rose to a near three-week high on the news
01[12:06] {@Threei}  Iron ore and copper prices are up for the third consecutive session as investors bet China will take more action support the economy with stimulus of one kind or another. The reports out on Sunday suggested the PBoC might consider unconventional policies to buy assets from banks or directly buy bonds to rebuild balance sheets and reinvigorate economy.
01[12:15] {@Threei} Short Setup: TWTR  52 break
01[12:15] {@Threei}  If holds  .10
01[12:19] {@Threei}  1:1
[12:21] {jfjf64} .60 break iwm
[12:22] {jfjf64} Invalid
[12:23] {nemo} think it's close JF
[12:23] {jfjf64} Yes sir
[12:23] {jfjf64} In
[12:23] {jfjf64} Imo
[12:24] {jfjf64} I'm not in
01[12:28] {@Threei}  that pullback under .50, that was the best entry point on .50 recross
01[12:28] {@Threei}  with clear stop under .40
01[12:28] {@Threei}  aggressive entry for .60 break, double bottom
01[12:38] {@Threei}  1:1  TWTR
01[12:38] {@Threei}  1:2
01[13:15] {@Threei} Long Setup:  VXX  .30 break
01[13:15] {@Threei}  wow
01[13:15] {@Threei}  1:1
[13:29] {dino} amot drop
[13:32] {dino} amot sm l .95
[13:36] {jfjf64} Akrx short here
[13:36] {jfjf64} .20 break
[13:39] {jfjf64} 35.55 long jd
[13:42] {drewj} Hey Vad...how do you work out where to place stop and invalidation levels?
01[13:42] {@Threei}  from the chart
01[13:42] {@Threei}  nearest support or resistance
[13:43] {drewj} so you bracket the two with the price right in the middle?
01[13:43] {@Threei}  hmm?
01[13:43] {@Threei}  sorry, don't understand
[13:43] {drewj} I know I would get a lot of invalidations
01[13:44] {@Threei}  I look for a channel formed by horisontal lines
01[13:44] {@Threei}  one serves as a resistance, another as support
[13:44] {drewj} so above and below the channel
01[13:44] {@Threei}  if looking for a long, resistance serves as a trigger
01[13:44] {@Threei}  and saupport as a stop/invalidation
01[13:44] {@Threei}  and vice versa if short
[13:45] {drewj} for me some of the channels get wider than 10 cents
01[13:45] {@Threei}  sure
[13:45] {drewj} but you never use those wider ones
01[13:45] {@Threei}  then you entier: simply skip the play and go look for another
01[13:45] {@Threei}  or
01[13:45] {@Threei}  play it with smaller shares
01[13:46] {@Threei}  either
[13:46] {drewj} ok
[13:58] {dino} athm drop
01[14:16] {@Threei} Long Setup:  IWM  .40 break
01[14:16] {@Threei}  If holds  .30
[14:20] {dino} out amot .35, +.40
01[14:21] {@Threei}  wtg
[14:21] {dino} ty
[14:21] {dino} surprised it didn't bounce more
[14:21] {nemo} indexes weighing
[14:22] {dino} maybe
01[14:23] {@Threei}  1:1
[14:23] {jfjf64} AAPL .45 long
[14:23] {nemo} earnings tonight
[14:23] {jfjf64} .48
[14:23] {jfjf64} Fill
[14:27] {jfjf64} 1:2
01[14:27] {@Threei}  1:2
[14:29] {jfjf64} 1:3
[14:29] {jfjf64} Out
[14:30] {dino} gj
[14:31] {jfjf64} Ty
[14:43] {jfjf64} Vanguard group largest share holder of Apple stock
[14:43] {jfjf64} 43.9 billion
[14:43] {jfjf64} Wow
[14:44] {nemo} that's because it's the number 1 stock in the SPY and the Qs
[14:44] {nemo} they are big indexers, so they have to maintain weightings
[14:45] {nemo} If I were they, I hope they have a shitload of puts tonight
[14:45] {dino} wonder about that, aren't they long only funds
[14:45] {nemo} doesn't mean they can't own options
[14:45] {nemo} just can't be short
[14:47] {nemo} if APPL results disappoint, spy, Qs, Rut 1000, Dow gonna' STB
[15:00] {jfjf64} Emes watchin bounce
[15:03] {jfjf64} 30 break
01[15:06] {@Threei} Long Setup:  FB  .25 break
01[15:06] {@Threei}  If holds  .15
01[15:10] {@Threei}  Invalidated
01[15:10] {@Threei} Short Setup: FB  .10 break
01[15:10] {@Threei}  If holds  .20
01[15:17] {@Threei}  another review of A taoist Trader on amazon, ravingly positive
01[15:18] {@Threei}  http://goo.gl/jn5hQV
[15:20] {jfjf64} Common fb break 82 wall
01[15:23] {@Threei}  touched 1:1, so let's trail to .16
[15:28] {nemo} yeah, with AAPL after, things should get bumpy unless it lets go
[15:29] {nemo} and looks like they're gonna bring it back to VWAP
[15:29] {jfjf64} Hot .75 break s
[15:30] {nemo} .60 is support
[15:30] {drewj} OK guys, have a great rest of the day
[15:31] {nemo} vxx may be a long play into the close
01[15:31] {@Threei}  1:1
[15:31] {nemo} ass covering before aapl
01[15:33] {@Threei}  1:2
01[15:36] {@Threei}  1:3  FB  bay
01[15:36] {@Threei}  baby
01[15:36] {@Threei}  out
01[15:36] {@Threei}  nice day once again
[15:36] {nemo} there goes VXX
[15:36] {jfjf64} Nicely done
01[15:36] {@Threei}  finishing on this
01[15:36] {@Threei}  thank you all, have a great evening
01[15:36] {@Threei}  see you tomorrow
[15:36] {jfjf64} Good day


Friday, April 24, 2015

Market Week Wrap-up

TradeTheNews.com Weekly Market Update: Springtime for the Nasdaq
Fri, 24 Apr 2015 16:29 PM EST

The March quarter earnings season hit its stride this week, and just about half of the S&P500 components have released quarterly results. Global indices remain at or near all-time highs: in Asia, a PBoC RRR cut helped neutralize fears of a Chinese selloff after last Friday's regulatory crackdown (although there was another round of similar fears regulators would be tightening the screws), while in the US a few rounds of strong earnings propelled the Nasdaq above its March 2000 all-time closing high and kept the S&P near its March all-time highs. In Europe, Greece missed another deadline to present its European partners with reforms to unlock funding, but equity and bond markets seem to be reacting much less severely to the story. Leading manufacturing indicators in Asia showed a difficult start for Q2, as advance PMIs for China and Japan saw significant deterioration. Beyond the unending Greek drama, Europe was looking slightly better, with a 10-month high in the Germany April IFO survey and another month of expansion in the preliminary Eurozone manufacturing PMI data. For the week, the DJIA added 1.4%, the S&P500 rose 1.7% and the Nasdaq surged 3.2%.

There was next to no progress made in resolving the Greek crisis at Friday's Eurogroup meeting and yet another deadline for Athens to unveil its reform proposals was missed. With Europe's patience running very thin, there was talk the ECB was mulling a plan to cut off the Greek financial system from ELA support and ECB President Draghi said the council would examine the issue at a May 6th meeting. In public statements, Greek and European officials continued to talk about the need to reach a deal and Greece made a few concessions, but press reports suggested talks were very heated and Greece's creditors were considering a "final ultimatum" for Greece, with no funds released short of a comprehensive deal. The next big payment faced by Athens is a €1.4 billion bill redemption on May 8th. EUR/USD tested lows around 1.0660 on Tuesday and Thursday then rose to its highs of the week at 1.0900 on Friday.

The March home sales reports were mixed. March US existing home sales bounced higher, improving on the flattish February numbers that had been impacted by the harsh winter weather. Sales of previously owned homes climbed to the highest level since September 2013, up 13.5% y/y. Conversely, March new home sales disappointed with a 10% decline from February's relatively good level. Analysts highlighted that both reports are highly erratic and subject to big revisions. Two major homebuilders also reported contrasting quarterly results this week. DR Horton met expectations in its second quarter and offered slightly improved FY guidance, with orders up ~30% y/y. Pulte Homes widely missed earnings and revenue targets. Pulte's performance was weighed down with construction delays, which impeded closings.

In big tech, Microsoft and Amazon saw impressive gains in cloud computing revenue. Amazon's quarterly revenue rose 12% and its quarterly loss was slightly smaller than expected. Investors were happy to see the firm break out AWS metrics for the first time: AWS had revenue of $1.5 billion in the quarter, with a run rate of $5 billion a year and profits of $265 million. Microsoft's results showed CEO Nadella's turnaround well under way, with mobile hardware and cloud services revenue up sharply even as legacy licensing and PC revenue continued to decline. IBM saw its 12th straight quarter of revenue contraction, exacerbated by lower hardware sales and the strength of the dollar

Facebook's results were very good across the board, with advertising revenue up 46% y/y and user metrics up double digits. The social network joined the chorus of firms complaining about the effects of the strong dollar, saying forex headwinds would be even greater in Q2 than the 7% crimp in Q1. Google's revenue and paid clicks rose slightly less than expected, although costs were lower. Analysts had been criticizing the firm for swelling expenses over recent quarters.

Industrial names showed stress from the strength of the dollar and overseas economic weakness. Caterpillar crushed earnings expectations, however the firm warned sales and profit in each of the remaining three quarters of 2015 would be lower than the first quarter. General Motors meanwhile widely missed on earnings and revenue, with significant losses in key overseas markets. Lockheed and United Technologies both missed on revenue, although Lockheed also slightly increased its FY guidance. Boeing's revenue missed and the backlog shrank.

Consumer names Pepsi and Procter & Gamble saw flat profits and declining revenues; PG's revenue fell for the fifth quarter in a row. McDonalds disclosed grim first-quarter results: revenue declined 11% y/y and guest traffic was down in all major segments. Shares rose post-earnings after the firm said it would disclose a major turnaround plan soon and said it closed another 220 locations worldwide in the quarter. YUM! Brands saw lower profits and continuing drag in China, but tweaked its FY outlook slightly higher. Coke had a solid quarterly report. Airlines United Continental and Southwest reported very good results, citing lower fuel prices and growing demand.

Dow Chemical saw its earnings bulked up by asset sales, even as its revenue declined 14% y/y. Competitor 3M missed earnings expectations and cut its FY guidance. Both names warned FX negative impacts on sales would be substantial for the full year. Steel firms Nucor and Reliance Steel disclosed very strong first quarter results, with both companies widely beating earnings expectations. Executives from the two firms cited improving industry conditions, although they also warned pricing remains under pressure.

Comcast officially abandoned its $45 billion deal to acquire Time Warner Cable. The announcement does not come as much of a surprise, as the consensus emerged that after the FCC's net neutrality gambit the deal was next to impossible. The FCC was gearing up for hearings on the merger and press reports out this week suggested that DOJ lawyers were close to a decision to recommend blocking the merger. There is no breakup fee for either firm for walking away from the deal. Charter Communications (which is controlled by Liberty Media Corp) is widely understood to be interested in making a bid for Time Warner now that Comcast is out of the way, but reports indicate that TWC would demand a higher price than the $159/share that Comcast offered.

After weeks of rumors, Teva launched a $40.1 billion offer for rival Mylan. The cash-and-stock bid is valued at $82/share, a 48.3% premium compared to Mylan's stock price on March 10, the last trading before speculation of a link-up between the two companies. The contest won't likely be a friendly one: just last week, Mylan said a merger with Teva would be unlikely to win antitrust approval because of "significant overlap" among the two businesses. Mylan's first line of defense was making its own offer for Perrigo. However, Perrigo rejected the initial unsolicited offer of $205/share and then also spurned a formalized cash and stock offer on the grounds that Mylan's stock has been inflated by the Teva bid.

The PBoC started the week off with a bang, cutting its Reserve Requirement Ratio (RRR) by 100 bps to 18.5%, which eased some of the anxiety caused by new limits placed on margin trading last week. The economic data didn't cooperate, however. The China flash HSBC PMI registered its fourth consecutive contraction and a one year low as the headline number missed estimates. Meanwhile, Japan's preliminary April Markit manufacturing PMI missed expectations as well, and slipped into contraction for the first time in nearly a year. Japan monthly trade data saw its first surplus in almost three years, but that was at least in part due to the crash in oil prices pushing down import values.


Apr 24 2015

Inactive but still nicely profitable day, with two 1:3ers and a few scalps. Nice end to a nice week.

Session Time: Fri Apr 24 00:00:00 2015
[09:03] {dino} gm
01[09:05] {@Threei}  dino :)
[09:22] {jfjf64} Mornin men
01[09:23] {@Threei}  jf :)
01[09:30] {@Threei}  Upside:
01[09:30] {@Threei}  -LOOK +31% (announced spin-off and definitive merger agreement with Pyxis)
01[09:30] {@Threei}  -EHTH +25% (earnings)
01[09:30] {@Threei}  -GIMO +15% (earnings)
01[09:30] {@Threei}  -AMZN +13% (earnings)
01[09:30] {@Threei}  -JNPR +6.5% (earnings)
01[09:30] {@Threei}  -MSFT +5 (earnings)
01[09:30] {@Threei}  -SBUX +4.4% (earnings)
01[09:30] {@Threei}  -NEM +3.4% (earnings)
01[09:30] {@Threei}  -GOOG +3.3% (earnings)
01[09:30] {@Threei}  Downside:
01[09:30] {@Threei}  -AERI -55% (Phase 3 Rhopressa efficacy results & negative broker commentary)
01[09:30] {@Threei}  -AMSC -31% (priced 4M share offering at $6/shr)
01[09:30] {@Threei}  -UBNT -14.5% (earnings; CFO resigns)
01[09:30] {@Threei}  -DDD -11% (lowered Q1 guidance to $0.02-$0.04 v. $0.17e)
01[09:30] {@Threei}  -IMGN -9% (earnings)
01[09:30] {@Threei}  -EMES -8% (cuts distribution by 29% q/q)
01[09:30] {@Threei}  -INFY -7% (earnings)
01[09:30] {@Threei}  -AWAY -6.5% (earnings)
01[09:30] {@Threei}  -SSYS -5% (momentum from DDD guidance reduction)
01[09:30] {@Threei}  -SYNA -2.6% (earnings)
01[09:31] {@Threei} Short Setup: FB  .60 break
01[09:31] {@Threei}  If holds  .70
01[09:32] {@Threei}  Invalidated
01[09:32] {@Threei} Short Setup: FB  .70 break
01[09:32] {@Threei}  If holds  .80
[09:33] {jfjf64} Kss smashed
01[09:33] {@Threei}  Invalidated
01[09:34] {@Threei}  valid again
[09:34] {nemo} SBUX giving it back
01[09:34] {@Threei}  nah
01[09:38] {@Threei} Short Setup: JNP  .80 break
01[09:38] {@Threei}  If holds  .80
[09:38] {nemo} u mean JPM?
01[09:38] {@Threei}  JNPR
01[09:38] {@Threei}  If holds  .90
01[09:38] {@Threei}  still valid
[09:40] {jfjf64} Kss s .15
01[09:40] {@Threei}  third invalidation
[09:40] {jfjf64} 1:1
[09:41] {jfjf64} 1:2
[09:41] {dino} syna sm l .18
[09:42] {dino} kss sm l .15
[09:44] {jfjf64} Bhp 51 break long
[09:46] {jfjf64} Invalid
[09:46] {jfjf64}  Mkt heavy
01[09:46] {@Threei} Long Setup:  IWM  .20 break
01[09:46] {@Threei}  change to .15
01[09:47] {@Threei}  If holds  .05
[09:48] {dino} out kss .45, +.30
[09:49] {jfjf64} Nice
[09:49] {jfjf64} Snuck .60 break
[09:50] {jfjf64} Sbux
[09:50] {dino} ty
[09:50] {dino} rmd hl l .70
[09:51] {jfjf64} Invalid
01[09:52] {@Threei}  1:1
[09:52] {dino} kss hl l .15 ave
[09:53] {dino} asps giddy-up again
[09:55] {jfjf64} .50 break sbux
[09:57] {dino} rmd stopped -.24
[09:57] {jfjf64} Invalid
[09:58] {jfjf64} Dino you long kss
[09:58] {dino} syna drop
01[10:00] {@Threei} Short Setup: JNPR  26 break
01[10:00] {@Threei}  If holds  .10
[10:00] {dino} out kss .56, +.41
[10:01] {dino} syna hl l .54
[10:03] {dino} whippy
01[10:04] {@Threei}  1:1
[10:04] {dino} or as stewie would say, "(w)hippy"
[10:04] {dino} rmd sm l .11
[10:05] {dino} 07 red
[10:06] {dino} kss hl l .13
[10:07] {dino} out kss .43, +.30
[10:07] {dino} too soon
[10:10] {nemo} EBAY
01[10:12] {@Threei} Long Setup:  IWM  126 break
01[10:12] {@Threei}  If holds  .90
[10:16] {dino} out syna .26, +.72
01[10:17] {@Threei}  1:1
[10:21] {dino} syna sm l .89
[10:22] {jfjf64} Missed .60 break sbux
[10:22] {jfjf64} Raced up
[10:24] {jfjf64} Rsg 85 break
[10:26] {dino} syna stopped -.33
[10:28] {jfjf64} 1:1
[10:28] {dino} syna sm l .20
[10:28] {jfjf64} Dnkn lifetime high
[10:28] {dino} definition of pulp, syna
01[10:30] {@Threei}  1:2
[10:34] {dino} out syna .97, +.77
[10:35] {dino} hmm, felt drop coming...
[10:36] {dino} damn
[10:39] {jfjf64} Tso .90 break
[10:41] {jfjf64} No go
[10:43] {jfjf64} Mad myself took that
[10:46] {jfjf64} Baba hod break.55
[10:46] {jfjf64} Hold .45
[10:51] {jfjf64} 1:1
[10:51] {jfjf64} 1:2
[10:54] {jfjf64} 1:3
[10:54] {dino} gj
[10:55] {jfjf64} Ty sir
[10:55] {jfjf64} Out
[10:57] {jfjf64} Dis bam
[11:01] {jfjf64} Cat
[11:02] {jfjf64} .20 break wd of been nice cat
01[11:05] {@Threei}  1:3
01[11:05] {@Threei}  out
01[11:05] {@Threei}  took a while
[11:06] {dino} taking remainder 200 syna off, out .50, +1.30
[11:06] {dino} back in 30 or so
[11:07] {dino} out rmd .22 from earlier, got lucky, +.11
[11:07] {jfjf64} Nice job vg dino
[11:08] {dino} ty, gotta hop for awhile
[11:08] {jfjf64} Do ya thing brother
[11:08] {jfjf64} If hoppin is what it is enjoy
01[11:09] {@Threei}  lol
[11:09] {jfjf64} Lol
01[11:49] {@Threei}  hmmm
01[11:49] {@Threei}  http://www.usedvictoria.com/classified-ad/FREE-Im-Giving-Out-My-Beautiful-Jayco-Jay-Flight-28BHS_24949384
01[11:49] {@Threei}  free RV
01[11:49] {@Threei}  how about I take it, sell my house and become a nomad
01[11:50] {@Threei}  travel from campground to campground, make photos...
01[11:50] {@Threei}  drift to the south during winter, north in the summer
[11:53] {dino} miss much?
01[11:53] {@Threei}  no
01[11:53] {@Threei}  very quiet market
[11:55] {dino} alrighty then
[11:59] {dino} rmd sm l .35
[12:00] {dino} syna sm l .71
[12:05] {dino} volume drying up, scanners barely moving
[12:05] {dino} summer fridays sarting early/
[12:06] {dino} ?
[12:06] {nemo} started in February
[12:06] {dino} yeah
[12:07] {nemo} all the buybacks are taking the market private
[12:08] {dino} buybacks drive me crazy. they buy back high and issue low. waste of shareholder money, just issue dividends
[12:08] {nemo} tax differential
[12:10] {dino} wrong. keep the cash then. not the reason. they do it because they are wasteful, ran out of ideas, don't care about shareholders, p.r. stunt our stock is great investment
[12:10] {nemo} then why does Icahn demand buybacks from AAPL?
[12:10] {dino} less shares boost quartery earnings, by wasting shareholder money
[12:11] {dino} he's wrong there
[12:11] {dino} ibm wasting billions doing this for years
[12:11] {dino} fake earnings beat
01[12:13] {@Threei} Long Setup:  IWM  .10 break
01[12:17] {@Threei}  If holds  .05
[12:17] {nemo} .o1 is pivot
[12:33] {dino} out syna .91, +.30
01[12:34] {@Threei}  wtg
[12:34] {dino} ty
[12:45] {dino} wow, sold that about .80 too soon
[12:50] {jfjf64} Anything going on
01[12:51] {@Threei}  not much, except dino always finds something
[12:51] {jfjf64} Yes he does
[12:52] {nemo} if you don't mind the hooker spreads
[12:52] {jfjf64} Not my type of girls
[12:52] {nemo} lot less headaches than a wife
[12:52] {jfjf64} True
[12:53] {jfjf64} Like tighter ones
[12:53] {jfjf64} Dino don't mind messy
[12:53] {jfjf64} He knows how do deal with those
[12:53] {nemo} oh...you're talking about spreads?
[12:53] {jfjf64} Yes
[12:54] {jfjf64} Lol
[12:54] {nemo} I was gonna' say, go to Vietnam
[12:54] {jfjf64} I cd think of better places to go
[12:55] {nemo} ahhh...not for what you were talking about...Thailand maybe
[12:55] {nemo} wow less than 30 million spy
[12:56] {dino} lol
[13:07] {jfjf64} Hlf gettin hit
[13:08] {nemo} all day
[13:08] {jfjf64} Exc
[13:08] {nemo} huh?
[13:12] {jfjf64} Symbol exc
[13:12] {nemo} nuclear
[13:12] {jfjf64} Had big bar up
[13:12] {jfjf64} Hlf.20 long
[13:13] {jfjf64} Missed it
[13:13] {nemo} hooker spread
[13:15] {jfjf64} Cbi bounce time ??
[13:17] {jfjf64} Dpz lifetime high
01[13:18] {@Threei}  CBI... looks ready
01[13:18] {@Threei}  48 break
[13:18] {nemo} this is S3 on daily
[13:19] {jfjf64} Yes
[13:23] {jfjf64} Rat
[13:23] {nemo} 47.60
[13:24] {jfjf64} Support
[13:24] {nemo} break out level on hourly, could go down to .24
[13:25] {jfjf64} Not messin with it
[13:25] {jfjf64} Dpz  flyin
[13:29] {dino} upgraded to 108
[13:33] {jfjf64} Where is drew today
01[13:37] {@Threei}  just a day off
[13:40] {jfjf64} Thinkin .10 break on cbi
[13:40] {jfjf64} Hold 48.00
[13:41] {jfjf64} Didn't take
[13:44] {jfjf64} Baba lou
[13:50] {nemo} CBI came back to .60 just above the breakout area
[13:51] {jfjf64} Our thought was right timing off
[13:52] {nemo} I just forgot about it
01[13:53] {@Threei}  https://www.facebook.com/VadymGraiferPhotography/posts/830470290365821
[13:53] {jfjf64} Yum 86 break in
06[13:54] * dino slaps nemo around a bit with a large trout
[13:54] {dino} figured you missed that
06[13:54] * nemo chambers a round
[13:54] {dino} lol
[13:55] {jfjf64} Up a buck
[13:55] {dino} rmd driving me crazy, taking it off here
[13:55] {nemo} we might want to start taking 4 day weekends
[13:56] {jfjf64} Why
[13:56] {nemo} trading environment
[13:56] {dino} out rmd 81, +.46
[13:58] {dino} slow, but way over goal today
[13:58] {jfjf64} No complaints here
[13:59] {jfjf64} Out flat yum
[13:59] {dino} 9 beans net
[13:59] {jfjf64} Nice sir
[14:00] {jfjf64} You buyin 1st round
[14:00] {dino} real nice morning
[14:00] {dino} funny you should ask, just sent out some text messages asking whos showing for happy hour
[14:00] {jfjf64} I'm in
[14:01] {dino} ok, see you in couple hours
[14:01] {jfjf64} I'm going to ranger game tonight else I meet ya
[14:01] {nemo} Hah, and I have to work out
[14:01] {dino} enjoy. just hitting my sisters pub for couple
[14:01] {nemo} "sister's"
[14:01] {dino} or sisters'
[14:02] {nemo} true
[14:02] {nemo} but I think you have only one
[14:02] {nemo} who owns a pub
[14:02] {dino} ahh, good point. the other dental hygenist
[14:02] {nemo} yeah, you've talked too much over the years
[14:03] {nemo} ahhh...bunny looking for her afternoon snack
[14:03] {dino} bored. locked in a 10x10 basement office. even my dog blew me off today.
[14:03] {jfjf64} Look at cbi
01[14:03] {@Threei}  no
[14:03] {nemo} frickin' rabbit is over 5 years old
[14:04] {dino} wants vwap
[14:04] {nemo} cbi going to vwap
[14:04] {nemo} yep
[14:04] {nemo} probabaly won't go above given today's action
[14:05] {jfjf64} Vwap welcome back Nemo haven't herd that in awhile the vwap kid is back
[14:06] {nemo} all I can do to keep from swearing
[14:06] {jfjf64} Ease into it
[14:06] {nemo} Raspizdyi
[14:06] {nemo} there, I'll do it in Russian
[14:06] {jfjf64} Vg trying to promote room no swearing
[14:07] {nemo} manga La Gaza
[14:07] {jfjf64} That works
[14:07] {jfjf64} Lol
[14:07] {nemo} Pug Ma Thoin
[14:07] {jfjf64} Manga la gaza
[14:07] {nemo} thought I'd throw in Italian and Gaelic
[14:07] {nemo} yep
[14:07] {dino} ytcrfr
[14:08] {dino} or f%ck
[14:08] {nemo} dino speaks dislexic
[14:08] {jfjf64} You drinkin or quit
[14:08] {nemo} Vad...can you believe that?
[14:08] {dino} quiting at 3, drinks at 4
[14:09] {nemo} I hang out with Russians...quitting is not an option
01[14:09] {@Threei}  lol
[14:09] {nemo} shit...the guy I drink with makes me work out drunk
[14:09] {jfjf64} Sounds good dino
[14:09] {jfjf64} There goes yum
[14:09] {nemo} you ever seen two inebriated individuals going at it with swords?
[14:10] {nemo} a little tough on the walls
[14:10] {jfjf64} Twc explode
[14:10] {nemo} btw...IWM walking the 2day vwap since 12:45
[14:11] {jfjf64} Think higher or lower
[14:11] {nemo} if you short here stop above VWAP'
[14:12] {nemo} frankly,  nothing says anything at the moment
[14:12] {dino} vsm s twc .91
[14:12] {nemo} VXX weak  aapl weak, IWM SPY flat
[14:12] {jfjf64} Skx explode
[14:12] {nemo} earnings
[14:13] {nemo} MSFT
[14:13] {jfjf64} The fb of shoes
[14:13] {nemo} have you quit drinking?
[14:14] {jfjf64} Not me
[14:14] {dino} die twc
[14:14] {nemo} I was being sarcastic
01[14:15] {@Threei} Short Setup: TWTR  .95 break
01[14:15] {@Threei}  If holds  .05
[14:15] {dino} not me
[14:15] {dino} vad quit
[14:16] {jfjf64} Yeah
[14:16] {nemo} Vad?
[14:16] {jfjf64} No drink
06[14:16] * nemo faints
[14:16] {dino} cov twc .85, +1.06
06[14:16] * nemo calls 911
01[14:16] {@Threei}  wtg
[14:16] {dino} jf ty for idea
[14:16] {jfjf64} There ya go dino
[14:16] {jfjf64} Twc
[14:16] {jfjf64} Always pal
[14:17] {nemo} classic Dino (only) play
[14:17] {jfjf64} Tv
[14:18] {dino} drew missing a very good trading day
01[14:19] {@Threei}  yesterday was even better
[14:19] {jfjf64} Wed even better
[14:20] {nemo} VXX
[14:20] {jfjf64} Vxx hasn't been friend lately
[14:21] {dino} sucks lately, going to zero
[14:21] {nemo} no, but if people want to cover exposure it'll be on Friday
[14:22] {dino} syna spike
[14:23] {dino} thing should go up, decent report
[14:23] {jfjf64} Def teenager
[14:23] {jfjf64} Vxx
[14:25] {jfjf64} Good day all enjoy weekend
[14:25] {jfjf64} Go rangers
[14:25] {jfjf64} Going drinkin in big apple
[14:26] {dino} have fun jf
01[14:26] {@Threei}  take care jf
[14:26] {nemo} been to that park
[14:26] {dino} i was at a fight and a hockey game broke out
[14:26] {nemo} old joke
[14:27] {dino} yes
[14:27] {jfjf64} Lol
[14:27] {nemo} oh...NY Rangers...I hate MSG
[14:28] {nemo} IWM looking short, but not yet
[14:28] {nemo} VXX looking short, which is contradictory
01[14:28] {@Threei}  1:1
01[14:36] {@Threei}  1:2
01[14:38] {@Threei}  1:3
01[14:38] {@Threei}  out
[14:39] {dino} wtg
01[14:39] {@Threei}  ty
01[14:39] {@Threei}  nice steady day, albeight not too active
01[14:39] {@Threei}  -gh
[14:42] {dino} cavm blood, -7 two days, no news
[14:47] {dino} gotta hop, have great weekend
01[14:49] {@Threei}  ok guys, have a good weekend all
01[14:50] {@Threei}  see you Monday
[15:05] {nemo} holy shit, less than 40 mil spy

Thursday, April 23, 2015

Apr 23 2015

Classic double top, with two upward tails 

(Chart courtesy of a broker)

Beautiful day with many strong juicy trades and just one stop.

Session Time: Thu Apr 23 00:00:00 2015
[09:16] {drewj} Morning guys
[09:17] {dino} gm all
[09:17] {dino} drew you missed the classic spike on hiring investment bankers for ocr at 3:30 yesterday. i shorted it for $1.20
[09:18] {drewj} that sounds really interesting
[09:18] {drewj} i'll check it out
01[09:18] {@Threei}  drew, dino :)
01[09:19] {@Threei}  and jf got it long for a few bucks
[09:20] {dino} yeah, we hit that one hard
[09:20] {drewj} Man that was some spike
[09:20] {dino} 3i, guess what i awoke to this morning...snow covering the lawn.
01[09:21] {@Threei}  oh boy
[09:21] {drewj} depressing
[09:21] {drewj} no snow here
[09:22] {drewj} had some flakes in the afternoon yesterday
[09:22] {dino} never ends
01[09:31] {@Threei}  Upside:
01[09:31] {@Threei}  -ARRS +20% (PIC.UK recommends combination)
01[09:31] {@Threei}  -DNKN +9.0% (earnings)
01[09:31] {@Threei}  -SKX +6.9% (earnings)
01[09:31] {@Threei}  -CYTX +6.3% (reports Preclinical and Mechanistic Data Supporting Use of Cytori Cell Therapy in Wounds Combining Thermal Burn and Radiation Exposure)
01[09:31] {@Threei}  -SQM +5.4% (CEO said to resign)
01[09:31] {@Threei}  -EBAY +4.6% (earnings)
01[09:31] {@Threei}  -NCR +4.3% (said to consider strategic options including divestitures, buyback, dividend)
01[09:31] {@Threei}  -ORLY +3.9% (earnings)
01[09:31] {@Threei}  -CAT +3.7% (earnings)
01[09:31] {@Threei}  -PII +3.7% (earnings)
01[09:31] {@Threei}  -SWK +3.6% (earnings)
01[09:31] {@Threei}  Downside:
01[09:31] {@Threei}  -MOBL -33% (preliminary earnings)
01[09:31] {@Threei}  -ERIC -12% (earnings)
01[09:31] {@Threei}  -TXN -9.2% (earnings)
01[09:31] {@Threei}  -SNE -6.7% (raises FY14/15 guidance)
01[09:31] {@Threei}  -PHM -5.0% (earnings)
01[09:31] {@Threei}  -PBR -4.5% (earnings)
01[09:31] {@Threei}  -LVS -4.4% (earnings)
01[09:31] {@Threei}  -MMM -2.8% (earnings)
01[09:31] {@Threei}  -GM -2.7% (earnings)
01[09:31] {@Threei}  -FCX -2.7% (earnings)
[09:32] {jfjf64} Skx spike
01[09:32] {@Threei} Long Setup:  LVS  .60 break
01[09:33] {@Threei}  If holds  .50
01[09:33] {@Threei}  Invalidated
01[09:35] {@Threei} Long Setup:  FB  84 break
01[09:35] {@Threei}  Invalidated
01[09:36] {@Threei} Short Setup: FCX  .10 break
01[09:36] {@Threei}  If holds  .20
01[09:37] {@Threei}  1:1
01[09:38] {@Threei}  1:3
01[09:39] {@Threei}  out
[09:39] {jfjf64} Ty
01[09:39] {@Threei}  yw
[09:39] {dino} cavm?
01[09:40] {@Threei}  no fresh news
01[09:43] {@Threei}  wow FB
[09:44] {drewj} dino what percentage drop are you looking for?
01[09:46] {@Threei}  Russian Defense Ministry: US troops are present in conflict zone in eastern Ukraine
01[09:46] {@Threei}  imbecile
01[09:47] {@Threei} Short Setup: FB  ,90 break
01[09:47] {@Threei}  If holds  85
01[09:47] {@Threei}  Invalidated
[09:48] {dino} 4%+
[09:49] {drewj} ty
[09:51] {dino} cavm sm l .03
01[09:51] {@Threei} Long Setup:  LVS  .50 break
01[09:51] {@Threei}  If holds  .40
01[09:52] {@Threei}  Invalidated
[09:54] {dino} cavm out .52, +.49
[09:54] {jfjf64} Nice
[09:54] {dino} ty
[09:55] {jfjf64} Pep .85 short
[09:55] {dino} espr spike
[09:56] {jfjf64} Invalid
01[09:58] {@Threei}  visual: http://tradinglog.realitytrader.com/2015/04/apr-23-2015.html
[09:59] {jfjf64} Nice
[10:00] {dino} cavm hl l .21
01[10:00] {@Threei}  March New Home Sales 481K v 515KE
01[10:01] {@Threei} Short Setup: FB  .50 break
01[10:01] {@Threei}  If holds  .60
01[10:02] {@Threei}  1:1
[10:03] {dino} out cavm .51, +.30
[10:03] {jfjf64} Nice dino
[10:04] {dino} tso gap fill
[10:05] {dino} ty
[10:05] {jfjf64} Tso short 90 break
[10:05] {jfjf64} 1:1
01[10:06] {@Threei}  1:2
[10:08] {dino} gj, i was thinking long
01[10:08] {@Threei}  1:3
[10:08] {dino} gj vad
01[10:08] {@Threei}  ty
[10:08] {jfjf64} Ty vg out
01[10:09] {@Threei}  yw
[10:09] {jfjf64} Keep it coming boss
01[10:09] {@Threei}  btw, don;t tell anyone guys... but nemo's situation slowly clears up, should be back with us soon
[10:09] {jfjf64} Nice
[10:11] {jfjf64} Two puttin base in now dino
[10:11] {jfjf64} Tso
[10:12] {jfjf64} Pep break lod
[10:12] {jfjf64} .85
[10:12] {jfjf64} Hold .95
[10:13] {dino} good to hear 3i.
[10:13] {dino} tso hl l .75
[10:13] {dino} stop .48
[10:14] {jfjf64} Invalid pep
[10:14] {dino} lfc hl l .22
[10:15] {dino} lfc stop .98
[10:16] {dino} nord spike
[10:16] {dino} tso stopped
[10:17] {jfjf64} Tel .75 break short
[10:17] {dino} asps luv
[10:18] {jfjf64} 1:1
[10:20] {dino} gj
06[10:20] * @Threei slaps nemo around a bit with a greeting banner
[10:21] {nemo} hi
01[10:21] {@Threei}  hey :)
[10:21] {nemo} hello
[10:21] {jfjf64} Memo welcome bk
[10:21] {jfjf64} Lol
[10:21] {jfjf64} Nemo
[10:22] {nemo} I'm in and out...really  busy as a matter of fact I'm going to quit and comeback...MIRC screwing with the computer....something weird going on
[10:23] {dino} welcome back nemo
01[10:24] {@Threei}  mib, see private message
01[10:24] {@Threei} Long Setup:  FB  .70 break
01[10:24] {@Threei}  If holds  .60
01[10:24] {@Threei}  1:1
[10:24] {dino} cavm hl l .94
[10:25] {jfjf64} Tso stopped you out Dino?
[10:25] {dino} yes .48
[10:26] {dino} report looked fine
[10:31] {jfjf64} Likin zmh
[10:31] {dino} tso hl l .65
[10:32] {jfjf64} Ctxs l .30
[10:34] {jfjf64} 1:2
[10:34] {dino} gj
[10:34] {drewj} Dino so when you see the 4% drop on the scanner do you go check the news?
[10:34] {dino} yes
[10:34] {drewj} Or will you trade it just based on the chart?
[10:35] {dino} my platform has news right with the drop, so i look at it
[10:35] {dino} out .90, tso, +.25
[10:36] {dino} chart is the idea, then look for news, then trade chart if news is nothing or imo meaningless
[10:36] {jfjf64} Nice dino
[10:37] {dino} scanners pick up the spike/drop, chart confirms it, news to decide action, then chart to committ
[10:37] {dino} nord feels like one more spike coming
[10:38] {dino} giddy-up ua
[10:38] {dino} welcome back nemo
[10:38] {nemo} hi dino
[10:39] {dino} missed ya buddy, hope all is well
[10:39] {nemo} life in a very busy period
01[10:39] {@Threei}  is mirc OK now?
[10:40] {nemo} yeah, computer developed a helluva load I couldn'
[10:40] {nemo} pinpoint so rebooted
[10:44] {drewj} dino if the news is meaningless you trade it?
[10:45] {drewj} and avoid bigger stuff?
[10:45] {dino} meaningless or non-existant yes. not sure what you are asking on avoid bigger stuff
[10:45] {jfjf64} Bax .75 break
[10:46] {drewj} bigger stuff = more meaning
[10:46] {drewj} I get it though
[10:46] {dino} ahh, yes. i'm not much of a momo trader
[10:46] {drewj} you trade random spikes...
[10:46] {dino} yes
[10:47] {drewj} momo is another world
[10:47] {dino} there are "better worlds"
[10:48] {dino} thats my edge
[10:48] {jfjf64} 1:1
[10:48] {drewj} what are better worlds?
[10:48] {dino} dark towers/stephen king. for trading means better stocks
[10:48] {dino} i stay away from the crowds
[10:49] {jfjf64} 1:2
[10:49] {dino} gj
[10:50] {jfjf64} Ty
[10:51] {jfjf64} 4-0 today  most 1:2 though
[10:51] {jfjf64} Big one coming
[10:51] {dino} nice
[10:51] {dino} 3/4 w/2 still open
[10:52] {jfjf64} Nice
[10:52] {jfjf64} Wish I was in this dnkn
[10:52] {jfjf64} Came on scanner ignored
[10:53] {jfjf64} At 10:37
[10:53] {dino} mdso spike
[10:58] {jfjf64} Had feelin wd test 54 round #
[10:59] {dino} tso dropping again
[10:59] {dino} dplo spike
[11:02] {drewj} dino do you follow the same process for you options plays?
01[11:03] {@Threei} Long Setup:  LVS  .60 break
01[11:03] {@Threei}  If holds  .50
[11:03] {dino} to find ideas yes. but the options are based on over-reactions in my opinion, on a swing basis
[11:05] {drewj} so same process but different news based decisions?
[11:05] {nemo} NSC at resistance on hourly
[11:06] {dino} yea
[11:06] {jfjf64} Mdso getting over bought ready
01[11:07] {@Threei}  1:1
01[11:07] {@Threei}  1:2
[11:07] {jfjf64} Let's get hod vg
[11:07] {drewj} what is it about the news that's differnt?
[11:08] {jfjf64} Here we go
[11:09] {dino} options, i look at good news with stock knocked down couple points. then buy calls
[11:10] {jfjf64} 1:4 vg out
01[11:11] {@Threei}  1:3
01[11:11] {@Threei}  1:4
[11:11] {drewj} So you are using Vad's divergence stuff
01[11:11] {@Threei}  out
[11:11] {jfjf64} 1:4 vg
[11:12] {jfjf64} All these wins can't count
[11:12] {jfjf64} No?
01[11:13] {@Threei}  ?
[11:14] {jfjf64} Lvs as high as 1:4
[11:14] {jfjf64} I'm sorry
[11:15] {jfjf64} You were writing in green now blue
01[11:15] {@Threei}  оч
01[11:15] {@Threei}  oh
01[11:16] {@Threei}  green is scripted message
01[11:16] {@Threei}  I have those up to 1:3, the reast is manually typed
[11:16] {jfjf64} No prob keep winning I'll fig out
[11:18] {dino} lol
[11:18] {dino} vltc knocked down
[11:19] {jfjf64} Hmm cat good earnings gettin spanked
[11:21] {jfjf64} .75 short cat
[11:21] {jfjf64} Break
[11:21] {jfjf64} 1:1
[11:22] {dino} added cat calls
[11:22] {jfjf64} 1:2
[11:22] {nemo} cat pivot .30
[11:22] {jfjf64} Ty nemo
[11:23] {jfjf64} 1:3
[11:23] {dino} gj
[11:24] {jfjf64} Stop .55
[11:24] {jfjf64} 1:4
[11:24] {nemo} keep ebay on radar earnings beat but...
[11:25] {jfjf64} Out
[11:27] {dino} brb
[11:28] {jfjf64} Skx wanted at .25
[11:29] {jfjf64} Will get bk up to hod
[11:29] {jfjf64} Imo
01[11:33] {@Threei}  FB
01[11:33] {@Threei}  FB Hearing chatter that AlphaOne's Dan Niles has now sold out of stake
01[11:33] {@Threei} Long Setup:  FB  .40 break
01[11:33] {@Threei}  If holds  .30
01[11:34] {@Threei}  heavy
01[11:34] {@Threei}  on CNBC soon
01[11:35] {@Threei}  1:1
[11:35] {jfjf64} Our heavy lifting over
[11:36] {jfjf64} Love getting those 1:1
[11:36] {jfjf64} House money now
01[11:36] {@Threei}  yup
01[11:36] {@Threei}  take risk and stress off one's shoulder
01[11:36] {@Threei}  s
[11:36] {jfjf64} Basically what it comes down to
[11:37] {jfjf64} Only way to trade
[11:37] {jfjf64} See no stress
[11:37] {drewj} That's how I need to think
[11:37] {drewj} that and my 4
[11:38] {drewj} 4-7-8 breathing
01[11:38] {@Threei}  1:2
[11:38] {jfjf64} Follow vg rule
01[11:38] {@Threei}  you tried that drew?
[11:38] {drewj} yes
01[11:38] {@Threei}  how does it feel?
[11:38] {drewj} Watched Dr. Weil
[11:38] {jfjf64} 478
[11:38] {drewj} i like it
01[11:38] {@Threei}  1:3
01[11:38] {@Threei}  me out
01[11:38] {@Threei}  beautiful day
[11:39] {drewj} focus on longer breaths out
[11:39] {jfjf64} Meout
[11:39] {jfjf64} Scary day sir
[11:40] {jfjf64} Im5-0. Vg 5-0
[11:40] {jfjf64} Me going to lunch
[11:41] {jfjf64} Skx I'm in
[11:42] {jfjf64} My swing
[11:43] {jfjf64} Len getting smashed
[11:43] {jfjf64} Cat smashed
[11:44] {dino} len, that just off of sales? or phm
[11:47] {jfjf64} No idea
[11:47] {drewj} what is the panic button on logix for?
[11:47] {dino} sym?
[11:48] {jfjf64} When ya hit it little man pops out smacks ya in head
[11:48] {drewj} lol
[11:48] {dino} logix what symbol?
[11:48] {drewj} can i hit someone else with it?
[11:48] {jfjf64} R spike
[11:48] {jfjf64} All time high
[11:48] {drewj} it's on the queries tab
[11:49] {jfjf64} Sells you out of all positions
[11:49] {drewj} ty
[11:50] {jfjf64} K guys I'm out see all later
[11:50] {dino} mhk drop
[11:50] {dino} cya jf
[11:50] {dino} gfj
[11:53] {dino} tso sm l .20 ave
[11:56] {dino} hard to keep this bull market down
[11:57] {drewj} it's never going to end right
01[11:57] {@Threei}  nope
01[11:57] {@Threei}  it will go up forever
[11:57] {dino} 20k it wants
01[11:58] {@Threei}  and when we reach the limits of the Solar system, we will break out in open space
01[11:58] {@Threei}  tie me to the mast, and beyond the outer limits we go
[11:59] {dino} qe to infinity and beyond
[12:00] {dino} tso stopped, .82 -.38
[12:01] {nemo} ebay didn't really move up in that pop
[12:01] {dino} taking a break
[12:02] {nemo} this index action could be just a stop run...how it closes, we'll know
[12:03] {nemo} Qs on the verge of an all-time closing high
[12:03] {nemo} the NAS that is
01[12:08] {@Threei}  Unlike the big improvement in yesterday's March existing home sales, today's March new home sales data was disappointing. Existing home sales had bounced higher off the weather-impacted February numbers, but the March new home sales declined more than 10% from February's total
01[12:09] {@Threei}  There has been a raft of dicey Greece headlines heading into Eurogroup meeting on Friday. A Greek official claimed a deal was very close and that no "plan B" was under discussion. One notable report suggested that a potential deal may involve Greece requesting that the ESM facility be used to buy Greek government bonds held by the ECB, with the resulting proceeds used to pay for debt redemptions over the summer.
[12:10] {nemo} EBAY looks short, just don't like time of day
[12:11] {nemo} appl about to pop
[12:11] {nemo} earnings Monday night
[12:35] {jfjf64} I miss anything
01[12:36] {@Threei}  no
[12:37] {jfjf64} Dtv gonna go
[12:39] {jfjf64} R also
01[12:44] {@Threei}  mib, see private message
01[12:45] {@Threei} Long Setup:  VXX  .97 break
01[12:45] {@Threei}  If holds  .92
01[12:45] {@Threei}  just a scalp most likely
01[12:45] {@Threei}  we got our dose of 1:3ers for this morning :)
[12:54] {jfjf64} R going
[12:54] {jfjf64} Almost .50 cents
[12:54] {jfjf64} Didn't play
[12:55] {jfjf64} Dtv would of been stop
[12:59] {dino} .
01[13:05] {@Threei}  nemo, you were rigth on EBAY
[13:06] {nemo} yeah, still weak, if market comes in it'll tank
[13:06] {nemo} missed FB, was looking at it, then boom
01[13:06] {@Threei}  yes, nice saupport at .50 to break
01[13:08] {@Threei}  The Moscow Times: Russian TV reporter starts new fire for film report about devastating wildfires
01[13:08] {@Threei}  sounds about right
01[13:09] {@Threei} Short Setup: EBAY  .50 break
01[13:09] {@Threei}  If holds  .60
[13:11] {nemo} resistance could go to .70 area
01[13:11] {@Threei}  Invalidated
01[13:11] {@Threei}  for now
[13:14] {nemo} IWM on a tear
[13:22] {nemo} IWM gap fill
[13:27] {nemo} here's scary part, holding .70 makes .75 break a valid long
[13:27] {nemo} ebay
01[13:30] {@Threei} Short Setup: EBAY  .70 break
01[13:30] {@Threei}  If holds  .80
[13:32] {dino} out lfc from morning, .68, +.46
[13:33] {nemo} CAT
[13:33] {nemo} if can't get above VWAP short
[13:40] {nemo} SPY @support
01[13:45] {@Threei}  half out VXX
01[13:50] {@Threei}  stop to .96
[13:52] {dino} still snow flurries here
01[13:53] {@Threei}  1:1  EBAY
[14:00] {dino} damn uri, had bid in for calls yesterday, didn't fill
[14:09] {Chaeron} boo
[14:10] {dino} hey chaeron
[14:10] {Chaeron} hey dino, everyone
01[14:11] {@Threei}  chaeron :)
[14:24] {dino} anip spike
[14:24] {dino} chke drop
[14:41] {dino} data spike
[14:42] {drewj} data earnings?
[14:45] {dino} none i see
[14:46] {drewj} so with no news is it a candidate?
[14:52] {dino} unless earnings tonight
[14:53] {dino} earnings 5/7
[14:55] {dino} data careful on, personality is pulp
[14:57] {drewj} sorry what?  personality?
[15:00] {dino} chtr spike
[15:00] {dino} yes personality. stocks trade in personalities. data is a pulp type
[15:00] {dino} msft is thick, some are thin, etc
[15:02] {drewj} does that mean larger swings?
[15:02] {drewj} on data?
[15:04] {dino} pulp moves baby, jerry seinfeld. means a stock is going fast/or gapping
[15:05] {drewj} :)
[15:12] {dino} data smr s .48
01[15:13] {@Threei}  you've gotta be kidding me
[15:13] {dino} ?
01[15:13] {@Threei}  never mind... :)
01[15:14] {@Threei}  mib, look private message!
01[15:15] {@Threei} Long Setup:  FB  .10 break
01[15:15] {@Threei}  If holds  83
01[15:18] {@Threei}  no go
01[15:19] {@Threei}  first stop today
[15:22] {dino} cov data .06, +.42
[15:23] {dino} wes drop
[15:25] {dino} ty
[15:28] {dino} lol
01[15:33] {@Threei} Long Setup:  FB  .70 break
01[15:33] {@Threei}  If holds  .60
01[15:33] {@Threei}  trying for double bottom
[15:33] {nemo} aapl letting go indexes coming in
01[15:35] {@Threei}  1:1
01[15:36] {@Threei}  1:2
[15:37] {dino} gj
01[15:38] {@Threei}  ty
[15:41] {nemo} MSFT GOOG AMZN SBUX earnings after bell
[15:48] {dino} sgc drop
01[15:51] {@Threei}  thank you all, wonderful day we had
[15:51] {dino} gn
01[15:51] {@Threei}  have a great evening, see you tomorrow!
[15:52] {dino} i like that sgc for bounce but no time left
[15:53] {dino} may go 18.30 supp
[15:55] {dino} not mess ing w/it. calling it a day. gn all