Jan 15 2014

High precision top call on CAT, and that's on top of 2 1:3ers and 1 1:2 earlier:

Needless to say, very nice day again, where all the fat winners far outweighed couple smallish stops.

Session Time: Wed Jan 15 00:00:00 2014

[08:39] {fish_49} US NY Empire State Manufacturing Index 12.5 vs. previous 2.22  what a jump  This must be whats making the dollar pop

[09:07] {thomcbell} gm

01[09:07] {&Threei}  morning fish, tbell

[09:07] {fish_49} gm all

[09:09] {RonS} gm eh

01[09:09] {&Threei}  ron :)

01[09:09] {&Threei}  moving up here? mastering dialect?

[09:09] {fish_49} gm ron

[09:09] {RonS} lol

[09:11] {Les} gm

01[09:11] {&Threei}  les :)

06[09:12] * Les slaps cc_7 around a bit with a large trout

[09:12] {Les} I'm sure no one else has

01[09:13] {&Threei}  hmmm... living on the edge I see

01[09:13] {&Threei}  man who can turn my buying power negative with one button push is the last one I'd start morning with slapping

[09:13] {Les} naaah, skinning Nemo's rabbit alive before him would be living on the edge

01[09:14] {&Threei}  that would be beyond the edge

[09:14] {Les} http://www.youtube.com/watch?v=eg8-dii9Ma0

[09:14] {Les} I dare you... I double dare ya!

[09:17] {+cc_7} Good morning traders

01[09:17] {&Threei}  cc7 :)

[09:18] {Les} you forgot me cc

[09:19] {Les} I'm just here for the slappin

[09:19] {Les} sorta like the titty licker in deadwood

01[09:19] {&Threei}  hint for cc: right click on Les's nick, look at the bottom line of the menu...

[09:20] {fish_49} what?

[09:21] {Les} nothing fish just making introductions

[09:22] {nemo} mmmhhhhh...is it a bull market?

[09:22] {fish_49} lol  I was asking what to see if you really would shoot

[09:23] {Les} nah we skinning wabbits Nemo...

[09:23] {fish_49} I think for sure its not a rabbit market  Nemo

[09:23] {nemo} spy just hit the monday high

[09:23] {nemo} that sucked Joe

[09:23] {Les} [15:13] * Les slaps cc_7 around a bit with a large trout

[09:23] {Les} [15:13] {Les} I'm sure no one else has

[09:23] {Les} [15:13] {&Threei}  hmmm... living on the edge I see

[09:23] {Les} [15:14] {&Threei}  man who can turn my buying power negative with one button push is the last one I'd start morning with slapping

[09:23] {Les} [15:14] {Les} naaah, skinning Nemo's rabbit alive before him would be living on the edge

[09:23] {Les} [15:14] {&Threei}  that would be beyond the edge

[09:24] {nemo} Everytime I see your nick I hear Funk49 in my head

[09:24] {nemo} waaaay beyond the edge

[09:24] {fish_49} Run Les  Vad is telling on you

[09:24] {Les} lol I just busted myself fish... :)

01[09:24] {&Threei}  as far as I can tell, he is telling on himself

[09:24] {fish_49} lol

[09:24] {Les} pathological need for trouble

[09:25] {nemo} I would absolutely go off and probably win on a temporary insanity plea

[09:25] {RonS} is Funk49 that Joe Walsh james gang tune?

[09:25] {Les} call me titty licker

[09:25] {nemo} yes Ron

[09:25] {Les} ty for DEadwood recommendation Nemo

[09:25] {Les} outstanding HBO

[09:25] {Les} nothing like that since Rome

[09:25] {Les} maybe John Adams

[09:25] {nemo} Yeah, the bar owner is incredible

[09:27] {nemo} NQ very active

[09:27] {fish_49} NQ near gap fill

[09:30] {ese} phew...made it

01[09:30] {&Threei}  ese :)

[09:30] {Les} FB

01[09:31] {&Threei} Short Setup: GDX  .87 break

01[09:31] {&Threei}  If holds  .95 

[09:33] {Les} FB

01[09:36] {&Threei} Short Setup: FB  .50 break hl

01[09:36] {&Threei}  ummm

01[09:36] {&Threei}  good luck getting that fill

01[09:36] {&Threei}  stop .60

[09:37] {Les} .60 previous highs

01[09:37] {&Threei}  GDX valif

01[09:37] {&Threei}  1:1 FB

01[09:37] {&Threei}  returned to pick us up

[09:37] {fish_49} out half

[09:39] {thomcbell} lulu might squeeze at some point 

01[09:40] {&Threei}  1:2

[09:40] {fish_49} out in full

[09:40] {robbers} Out on spike, thanks Vad.

01[09:40] {&Threei}  :)

[09:40] {Les} cover .21 ty sir

01[09:41] {&Threei}  1:3

01[09:41] {&Threei}  done

01[09:41] {&Threei} Short Setup: LULU  .60 break hl

01[09:41] {&Threei}  If holds  .70 

01[09:43] {&Threei}  not two-sided yet but I like the idea of watching for squeeze

01[09:43] {&Threei}  just imagine chant "squeeze me, lulu"

01[09:44] {&Threei}  gs... missed 1:3er

[09:45] {Les} DIA breaking downtrend channel 15 min timeframe

[09:45] {nemo} IWM just keeps going higher

[09:47] {thomcbell} DDD

[09:47] {thomcbell} near day low here 

[09:47] {Les} half lulu ty vad

01[09:47] {&Threei}  1:1 LULU

01[09:47] {&Threei}  1:2

01[09:47] {&Threei}  yw

01[09:48] {&Threei}  down girl, down

[09:48] {fish_49} wow  missed half  out on 1:1  got out full at 1:2  great mistake on my part

01[09:48] {&Threei}  lol

[09:48] {robbers} Fish, you've fallen upwards.

01[09:48] {&Threei}  hehe

[09:49] {fish_49} but not good  I need to learn this platform that could have easily been the other way around

01[09:49] {&Threei}  1:3, over and out

[09:49] {+cc_7} U.S. stocks opened higher on Wednesday, extending the prior day's rally, after data illustrated manufacturing in the New York region expanded at a more rapid clip in January and as Bank of America reported earnings and revenue that topped Wall Street's expectations.

01[09:50] {&Threei}  it's just you second day with it fish... by the end of the week you'll be like, ummm, you in the water

[09:50] {nemo} ESE!  rim shot please!

[09:50] {fish_49} I have a stop limit order in on GDX  

[09:50] {fish_49} is that 2 sided trade?

01[09:51] {&Threei}  probably

[09:51] {fish_49} in the water Vad?  Is  that like Sink or Swim Platform?

[09:51] {ese} BA DAP BAP!!!!!!!!!!!

01[09:51] {&Threei}  he who starts the day with 2 1:3ers... (I haven't come up with good end to that yet)

01[09:51] {&Threei}  lol fish

[09:51] {ese} or maybe it should be WACK!!!!!!!!!!

[09:52] {Les} ...can only go downhill

[09:52] {fish_49} yep going for gap fill

[09:54] {ese} lookin for news on solars......there going crazy a bit this morning.....anybody got anything....

[09:54] {RonS} the sun is out somewhere?

[09:55] {ese} of course......how could i miss that

01[09:55] {&Threei}  GDX 1:1 on a long side

[09:56] {fish_49} trying to short it at .11

[09:56] {fish_49} order didn't fill

01[09:57] {&Threei}  ese, this is from Jan 4:

01[09:57] {&Threei}  NYT examines the recent strength in stocks of some solar names- SCTY, SPWR, SUNE are seeing a boost amid solar power craze that is sweeping Wall Street, a sign that either the sector is finally having its day or that another mania is gripping markets.

01[09:58] {&Threei}  short what fish?

[09:58] {Les} gdx

[09:58] {ese} tks vad

01[09:58] {&Threei}  hmmm... why?

[09:58] {ese} L jks .52

01[09:58] {&Threei}  it's at 1:2 on long side

01[09:59] {&Threei}  what is it about .11 that makes it a short trigger?

[09:59] {RonS} ese didn't jks announce a secondary last night?

[09:59] {dino} qiwi smr l .20

[09:59] {RonS} mcp l .38

[09:59] {fish_49} yes I wanted to scalp .10 on the drop  but was wrong

[10:00] {ese} ½ out jks .70 +.18

[10:00] {RonS} QIWI falls after report of Russia mulling cross-border payment ban

[10:00] {ese} love these days when i look down to type and the stock shoots up there next bar......

[10:02] {ese} tks ron.....can't seem to log onto trade the news.....haven't seen that announcement

[10:03] {thomcbell} wow sndk

[10:03] {thomcbell} exploded

[10:03] {ese} jks balance to even .53

[10:04] {Les} Nemo noticed using Chrome for win 32. is there chrome for 64?

01[10:04] {&Threei} Long Setup:  HL  .65 break

01[10:04] {&Threei}  HAL

[10:05] {nemo} I don't know

01[10:05] {&Threei} Long Setup:  HAL  .65 break

[10:05] {ese} out jks .84 +.32

[10:05] {ese} good enough

01[10:05] {&Threei}  wtg

[10:05] {RonS} gj

01[10:06] {&Threei}  Invalidated  

01[10:06] {&Threei}  let's recalibrate it

01[10:06] {&Threei} Long Setup:  HAL  .60 break

[10:06] {ese} tks

01[10:07] {&Threei}  If holds  .50 

[10:08] {ese} canadian dollar taking a proper beating.....with a nut ball like Harper at the helm no wonder

[10:09] {ese} the one guy he shouldn't have turned on Nigel Wright......maybe one of the smartest financial men in the country

[10:09] {dino} out qiwi 45.20, +2.00

[10:10] {RonS} wtg

[10:10] {dino} ty

01[10:10] {&Threei}  ese... you are kidding, right?

01[10:10] {&Threei}  canafdian dollar drop is the best thing that could happen to canada economy

[10:10] {dino} any idea why viix is down 6 w/vxx flat?

01[10:11] {&Threei}  we are exporting country with positive trade balance

[10:11] {ese} I remember when he was with ONIX corp.........he was the financial genius behind all there takeovers

[10:11] {fish_49} CD hit me twice this week Im leaving it alone.  

[10:11] {ese} true....ya i get that

01[10:11] {&Threei}  so what's the problem?

[10:12] {ese} no problem.....maybe should have worded post different

01[10:12] {&Threei}  or when it comes to conservatives bashing, anything goes?

[10:12] {Les} hehe I think it's caus e he's not a communist

[10:12] {ese} definitely

[10:13] {ese} every nut case in the country hangs out there

01[10:14] {&Threei}  I really wish there was an alternative universe in which any of harper's opponents would run the country through this crisis, so you'd have an opporftunity to see what they'd do

01[10:14] {&Threei}  and how Canada would fare

[10:14] {Les} can always follow VEnezuala for example

01[10:14] {&Threei}  the best economy in G7 through the crisis, and that's still not enough

01[10:14] {&Threei}  handling it without excessive stimulus and debt amasiing

01[10:14] {&Threei}  still not enough

01[10:15] {&Threei}  come on, this is ridiculous

[10:15] {Les} awww c'mon Vad

[10:15] {Les} you did it once

[10:15] {Les} you can do it again

[10:15] {Les} embrace socialism

[10:16] {RonS} koolaid is the best

[10:16] {fish_49} huh?

01[10:16] {&Threei}  stop to .54

06[10:16] * Les slaps fish_49 around a bit with a large trout

[10:17] {fish_49} slaps Les with a large medical bill  Opps  wont cost anything under social medicine  the rich will pay for it  sorry

[10:19] {RonS} oil report in 10

[10:20] {Les} aaagh so this is what this is about

[10:21] {ese} one of the things some of you are failing to see....I grew in Saskatchewan....NDP...responsible for medicare etc and a few other things and at this moment the most financially stable and profitable province in the country.....there are alot of things in this country that are a direct result of what happened there

[10:21] {fish_49} all reports released today were great  lets get a low Oil Inventory and see what happens

[10:22] {ese} that liberal and conservative govt's are slowly erroding

01[10:22] {&Threei}  have you noticed that it's oil sands that made saskachewan profitable?

01[10:22] {&Threei}  those same oil sands left hates?

[10:22] {ese} i'm affraid there more than that vad.....

01[10:22] {&Threei}  it was have not province before oil

[10:22] {ese} and most of the oil sands are in Alberta

01[10:23] {&Threei}  most yes, but it's thiose that saskachewan has that made it profitavle

[10:23] {ese} not true ....we had prostitution in the 1800's......very profitable

01[10:23] {&Threei}  yup

[10:23] {RonS} ...and i always thought it was the sport of Sasquatch

[10:23] {RonS} export

01[10:24] {&Threei}  damn conservatives, closed that industry

01[10:24] {&Threei}  ese, I have a suggestion

[10:24] {ese} ya.....bastards

01[10:24] {&Threei}  your leftsis world view is not going to change, not faced with logic, not with facts - it;'s in your bones

01[10:25] {&Threei}  let's leave that out of this room and keep it to trading

[10:25] {thomcbell} cat

01[10:25] {&Threei}  since you are not going to change anyone else's view here either

[10:25] {thomcbell} tail vad

01[10:26] {&Threei}  no clear setup...

[10:27] {ese} who me..........change anyones point of view.......that'd be the day

[10:27] {fish_49} I left the room for a  minute

[10:27] {thomcbell} and it is breaking out 

[10:27] {fish_49} who pee'd on Vad Cherios?

[10:28] {ese} i think it was me.......

[10:28] {fish_49} Liberal View perhaps?

[10:28] {ese} hmmmmmm

01[10:28] {&Threei}  finally HAL

01[10:28] {&Threei}  1:1

[10:28] {fish_49} ok after I get out of this trade I  will call

[10:28] {Les} you keep that liberal crap to yourself fish

[10:29] {fish_49} cool  my auto target order filled

[10:29] {fish_49} lets see if the 2nd half will do the same

[10:30] {Les} anyone who hasn't been shit stirred today?

06[10:30] * Les glances at Ron and dino's handle...

01[10:30] {&Threei}  CAT is still climbing tbell

[10:30] {Les} chart wise looks interesting CAT short

[10:31] {Les} but this market on edge of momo

01[10:31] {&Threei}  if setup forms

01[10:31] {&Threei}  stop this "short at will" crap please

[10:31] {Les} everything getting dragged up

[10:31] {fish_49} LES I have been called everything in the book except Liberal

[10:31] {fish_49} lol

[10:31] {Les} just havin some fun

[10:31] {fish_49} I know

[10:31] {robbers} Out HAL, thanks.

01[10:32] {&Threei}  HAL baby

01[10:32] {&Threei}  1:2

01[10:32] {&Threei}  yw robbers

[10:32] {fish_49} hmmm I didn't fill on the 1:2

[10:33] {Les} indicator divergences short are no longer working. red flag for keeping long or out

[10:33] {nemo} yeah, it's a bull market today

[10:37] {dino} you guys keep giving me chills with that liberal word. scary

01[10:38] {&Threei}  why the multiple, dino

[10:39] {ese} CRAP!!!!!!!!  look away for brief moment and jks takes off

[10:39] {ese} off of bottom

[10:41] {dino} sm l viix .90 ave

[10:42] {dino} ddd drop

[10:43] {robbers} Dino, is that a comment on bra sizes?

[10:44] {fish_49} during lunch look at the image and tell me if I have the orders correct.  I went long 1000 shares HAL  got out half at 1:1 and looking to get out the other half on a limit order of .80  and I hope the other order is a stop loss (Market) at .61  what bothers me is the SS  meaning sell short

[10:44] {fish_49} http://s1332.photobucket.com/user/bkhmd/media/DASOrders_zps1aa40503.jpg.html

[10:45] {dino} lol robber

[10:45] {fish_49} lol robber  that must be a senior  size

[10:46] {Les} IWM above downtrend channel support, SPY below range resistance

[10:47] {ese} who was it on this board thats from Nashville?

[10:47] {robbers} That'd be me, but we prefer to call it Nashviiiiiile.

[10:47] {fish_49} not sure but my Best friend works there 

01[10:47] {&Threei}  fish, looks right to me although I'd prefer cc_7 to confirm that

[10:47] {fish_49} lives in jersey and commutes 

01[10:47] {&Threei}  two othwer things though:

[10:47] {fish_49} thanks Vad

01[10:48] {&Threei}  1: if it tags 1:2 but doesn't gio through swiping your offer, why not sell at .79-.78

[10:48] {fish_49} correct  the bid never hit my price

01[10:48] {&Threei}  and 2. after 1:2 is tagged, stop should be trailed to .60

[10:48] {ese} It looks like i'm comin to see you again next year april ish robbers

[10:49] {fish_49} thanks Vad\

[10:49] {robbers} Good Ese, you're welcome to look me up.  Let me know and will give you contact info.

[10:49] {ese} awesome

[10:50] {ese} this is assuming of course that vad doesn't kick me off the board by then .......

[10:51] {fish_49} Vodka will fix that  Ese

01[10:51] {&Threei}  why, I dstill have hope, against all odds, that you might see the light...

[10:51] {ese} lol

01[10:52] {&Threei}  let's practice some fact-finding for a second ese, shall we?

01[10:52] {&Threei}  http://en.wikipedia.org/wiki/Saskatchewan#Economy

01[10:52] {&Threei}  acroll down a little to the tavle of industries %

[10:52] {ese} not today....am outta here in a few minutes.....have a show tonight

01[10:52] {&Threei}  exclude inner churning ones

01[10:52] {&Threei}  13.0 mining, petroleum

01[10:53] {&Threei}  7.7 manufacturing

[10:53] {ese} blew my chance to make more cash with jks....am done for the day

01[10:53] {&Threei}  6.8 agriculture, forestry, fishing, hunting

01[10:53] {&Threei}  any questions what makes money for the province?

[10:53] {RonS} ag

[10:53] {ese} ok....hang on

01[10:54] {&Threei}  Among Canadian provinces, only Alberta exceeds Saskatchewan in overall oil production

[10:54] {fish_49} since it's slow and we are beating up ese  take a look?  perhaps posted here b4

[10:54] {fish_49} http://s1332.photobucket.com/user/bkhmd/media/Democrat_zpscf055c97.jpg.html

01[10:55] {&Threei}  hehe

[10:55] {Les} iwm inverted cup and ahndl.e

01[10:55] {&Threei}  even George Takei grudgingly admitted it was funny

[10:55] {ese} gotta love that AAA credit rating.......

[10:56] {fish_49} com,e on ese it was funny 

[10:56] {ese} ok....that was good one fish

[10:56] {fish_49} lol  

[10:57] {RonS} wow xon daily off frankensalmon...

[10:57] {Les} long SPY .51

[10:57] {Les} looks like IWM DB

01[10:57] {&Threei} Short Setup: CAT  .25 break

01[10:57] {&Threei}  If holds  .35 

[10:57] {ese} beat me up this morning?......THIS morning!!!!!!!  THIS MORNING!!!!!???????  EVERY MORNING!!!!!!!!!

[10:58] {ese} am outta here cya tomorrow

01[10:58] {&Threei}  not true... only the mornings you try to turn us socialists

[10:59] {fish_49} hey was ese serious  I was only teasing

01[10:59] {&Threei}  nah

[10:59] {nemo} sensitive musician...sniff sniff

[10:59] {RonS} ...at least cc's cheerleading was entertaining...

01[11:00] {&Threei}  he also forgot to mention that from 2007 his fvorite province is run by conservative govt, with increase majority in each next election

[11:01] {fish_49} I like that even though Im not from there  "Increased Conservatives"

01[11:02] {&Threei}  leftist worldview does weird things to otherwise normal people...

[11:04] {fish_49} out

01[11:04] {&Threei}  no go CAT

[11:06] {fish_49} I don't have time  to Skype  today to get order entry down  but  I did notice a problem while I had the stop and profit orders in,  I noticed no buying power and had to get out of Hal to get into Cat

01[11:06] {&Threei}  each order requires BP, yes

01[11:07] {&Threei}  but let me ask you... why do you need all those OCA orders if you are here?

[11:07] {fish_49} yea  so if  I have a stop and 2 target orders in  that could be  an issue

01[11:07] {&Threei}  I understand laying out sell order as stock climbs to your target

[11:07] {fish_49} Vad,  I just don't trust myself and I live in a place the loses electricity once or twice a month

[11:08] {fish_49} has anyone had to call the trade desk?

[11:08] {nemo} oh the communist state of Maryland and Delaware

01[11:08] {&Threei}  will had

[11:08] {fish_49} ur right nemo  Maryland always votes Democratic  I wished I could change that  lol

01[11:08] {&Threei}  as far as I know, they took him out of a trade in such situation once

[11:09] {fish_49} u don't fear losing power in the middle of a trade?

01[11:09] {&Threei}  it happened once three years ago...

[11:10] {fish_49} I think I can still make it work  

01[11:10] {&Threei}  also, it will help only if your tops are server-side

01[11:10] {&Threei}  stops

[11:11] {fish_49} correct  Im assuming they are server side

01[11:11] {&Threei}  better find out for sure

[11:11] {fish_49} it would be of no use if they were platform side

[11:11] {fish_49} yes Vad  will ask him that  tomorrow during skype

[11:13] {fish_49} one last Q; b4  I take off for dental appointment.   Is the live DAS as fast as this demo?  the fills are lightening fast on this demo

01[11:15] {&Threei}  if shares are there for tsking, it's practically instant

01[11:16] {&Threei}  you guys using those obsolete brokers are always surprised just hiow fast real direct access platforms are :)

[11:17] {fish_49} love u too Vad  lol  I just spoiled with Trade station  no need to think on order entry

01[11:18] {&Threei}  trade station is a bike

01[11:18] {&Threei}  das is a jet

[11:18] {Les} very small iwm short .04

[11:19] {Les} holding .10

01[11:19] {&Threei}  need to think is just a matter of getting used to

[11:20] {fish_49} honestly I like it so far.  

[11:21] {fish_49} off to a dental appointment  see ya tomorrow

[11:21] {fish_49} happy afternoon trading

[11:21] {fish_49} and thanks for the help

01[11:21] {&Threei}  take care fish

[11:21] {Les} i wonder if he's paying for it or putting it on the Obama tab

[11:21] {+cc_7} As for stop orders: 

[11:22] {+cc_7} The market or the ECN's providers only know Limit or Market orders

[11:22] {+cc_7} so the stop order is an algo that send your order: limit or market to the ecn's once what your trigger is reached

[11:23] {+cc_7} the order is kept at the provider server as any order, and shipped to the market only on trigger

01[11:23] {&Threei}  ok, so if fish's computer loses power, stop remain in place

01[11:24] {&Threei}  and will be executed if trigger hit

[11:24] {Les} iwm 1:1

01[11:24] {&Threei}  right?

[11:24] {+cc_7} yes, that's right

01[11:24] {&Threei}  cool, ty

01[11:24] {&Threei}  he will be glad to know

[11:24] {+cc_7} sure, no problem

[11:24] {Les} I love this room

[11:24] {+cc_7} We had a day last year - that DAS servers went down

[11:24] {Les} makes me feel a little smarter every day

[11:24] {+cc_7} for almost 3 hours

[11:25] {+cc_7} it means no firm that uses DAS and that's a lot

[11:25] {+cc_7} was able to trade

01[11:25] {&Threei}  I remember

[11:25] {Les} I bet DAS felt the heat following that

[11:25] {thomcbell} cat impervious to this pullback

[11:25] {+cc_7} after it came back we saw that all stop order had excuted as needed

[11:26] {Les} so DAS servers are not the provider servers?

[11:26] {Les} smart

[11:27] {Les} IWM stopped cold at previous resistance. See if I can hold onto small short going into afternoon

01[11:27] {&Threei}  [11:24] {Les} makes me feel a little smarter every day {--- you really put your chin out there Les... nemo must be asleep, or "then you need 10 years of this room 24/7" response would have been meted immediately

[11:27] {Les} nah

[11:27] {Les} he would have said

[11:27] {Les} well coming from your level...

[11:27] {Les} or something like that

[11:27] {Les} but yeh

[11:27] {Les} noted no Nemo

[11:27] {nemo} my work here is finished

[11:27] {Les} quickest way to verify if he is in front of screen :)

[11:28] {RonS} lol

[11:29] {Les} not bad

[11:32] {RonS} out mcp .55 +.17 ese size

[11:32] {thomcbell} mcp trying to get thru that level

[11:32] {Les} another stop on IWM

[11:33] {dino} gj ron

[11:34] {RonS} ty

[11:34] {nemo} did you short IWM Les?

[11:36] {Les} got a scalp away from .05 short but didn't continue

[11:37] {Les} lower

[11:37] {nemo} gotta' watch spy and finnies when they came into vwap they all popped

[11:37] {Les} 15 and 3 min MACD still holding green on these divergences. fat lady ain't singing yet

[11:38] {nemo} you gotta' watch finnies and spy also

[11:38] {RonS} 3i...  pic.twitter.com/GFatZV2KbI

[11:38] {dino} sm s ehth .04 gappy

[11:38] {Les} yeh divergences abound. got em on screen

[11:38] {thomcbell} lulu 49.70 long break for squeeze 

[11:39] {dino} scanners dead

01[11:39] {&Threei}  impressive shot ron

[11:40] {RonS} ese brain scan?

[11:40] {Les} ooph

[11:40] {RonS} :)

[11:40] {nemo} hey Les:  http://imagizer.imageshack.us/v2/800x600q90/802/z7s5.jpg

[11:41] {RonS} really hard to see nemo...

01[11:41] {&Threei} Short Setup: FB  .65 break

01[11:41] {&Threei}  If holds  .75 

[11:41] {nemo} you should be able to enlarge it Ron

01[11:42] {&Threei}  many e-mails I get state than nemo

01[11:42] {&Threei}  that

[11:42] {RonS} rotflol

01[11:42] {&Threei}  {GGG}

01[11:42] {&Threei}  Invalidated  

[11:42] {nemo} As I expand the size of the photoviewer the graphs get better

[11:42] {nemo} road to hell

[11:42] {nemo} no good deed goes unpunished

[11:44] {thomcbell} lulu 1:1 lomd pf 

[11:44] {thomcbell} kind of

[11:45] {thomcbell} pac crest out positive on  nflx 

[11:45] {Les} yeh the vwap bouncing

[11:45] {thomcbell} overblown on net neutrality

[11:46] {thomcbell} ok legitimate 1:1 on lulu

[11:46] {Les} gj

[11:46] {thomcbell} 1:2

01[11:48] {&Threei}  nice

[11:49] {dino} stop ehth .33 -.29

[11:49] {thomcbell} Pac Crest - AMZN / NFLX / youtube- worry over Net Neutrality ruling going around today are WAY overblown... there is NO way a broadband provider     would single out a consumer favorite like AMZN prime or NFLX and charge more for downloading them - it would be a PR nightmare - broadband providers may throttle down speeds for illicit things like BitTorrent

[11:49] {thomcbell}                    we see NO risk to increased costs from NFLX or AMZN

[11:52] {thomcbell} nice miss on cat 

[11:52] {thomcbell} like my 0.10 cent loss vad

01[11:53] {&Threei}  :)

01[11:53] {&Threei}  just imagine attamepting to average it down

01[11:53] {&Threei}  yikes

[11:53] {thomcbell} keep eyes on mu for long setup - thru 23.72 looks interesting on longer timeframes

[11:53] {thomcbell} has consolidated well

[11:57] {thomcbell} lulu 1:3

01[11:58] {&Threei}  wtg

[12:04] {dino} kpti spike

01[12:04] {&Threei} Short Setup: CAT  .10 break

01[12:04] {&Threei}  If holds  .20 

[12:05] {RonS} kpti...that name looks like some bozo couldn't spell cairo...

[12:06] {dino} lol

01[12:07] {&Threei}  lol

01[12:08] {&Threei}  1:1

[12:10] {dino} kpti smr s .75

01[12:13] {&Threei}  1:2

01[12:13] {&Threei}  nailed CAT top after all

06[12:14] * Les slaps Threei around a bit with a large trout

[12:14] {Les} almost gave me a heart attack

01[12:14] {&Threei}  we had one stop, and this trade erased even that

01[12:14] {&Threei}  why?

[12:14] {Les} Vad trying to pick tops...

01[12:14] {&Threei}  I thought it was quite smooth trade

[12:14] {Les} yeh just lack of blow off top

01[12:14] {&Threei}  never made us nervous

[12:15] {Les} oh c'mon just messin with ya

01[12:15] {&Threei}  well, 111 Trades reversal section contains other types of reversals as well

[12:15] {Les} smile for damns sake will ya

01[12:15] {&Threei}  1:3

01[12:15] {&Threei}  over and out

01[12:15] {&Threei}  I never smile while in trade

[12:15] {nemo} mid .60s a good possibility

[12:15] {Les} quiarter off .75 holding last piece

[12:15] {Les} SHOW ME THE MONEY!!!!!!!

[12:16] {nemo} need stop above 93 les

[12:16] {Les} can do

01[12:20] {&Threei}  A new study found that caffeine could strengthen your memory up to 24 hours after consumption.

01[12:20] {&Threei}  so what are those who forget to drink coffee to do?

[12:20] {Les} frikin don't work for me?

[12:20] {Les} - ?

[12:21] {nemo} I think my alcohol consumption overwhelms it though

01[12:21] {&Threei}  alcohol is different nemo

[12:21] {nemo} right, and then just associating with Les, even electronically, is a detriment

01[12:21] {&Threei}  it doesn't help you find answers

01[12:21] {&Threei}  it helps you forget questions

[12:21] {nemo} no, peyote and psyllocibin does

[12:32] {nemo} bring your stop down Les?

[12:37] {Les} yeh u can see where it is

[12:38] {Les} c'mon

[12:38] {Les} not THAT DUMB

[12:38] {Les} or do u still refuse to give credit?

[12:39] {nemo} I asked a simple question, some people would bring it down, however in the lunchtime environment jamming that stop would be relatively easier, thus some would have left it where it was

01[12:39] {&Threei}  nice CAT

01[12:39] {&Threei}  1:5

01[12:39] {&Threei}  that was very precise top hunt

[12:40] {Les} nah woulda taken a recross of .80

[12:41] {Les} cover CAT .52

[12:41] {Les} close enough to 1:6

[12:41] {nemo} vwap

[12:41] {Les} and my target

[12:41] {nemo} should get natural bounce at .50ish though

[12:42] {Les} yeh wasn't gonna wait for .30

[12:42] {Les} +.57 decent hit... been a while

01[12:42] {&Threei}  wtg

[12:42] {nemo} would set stop for above .70

[12:45] {dino} viix to .23, all dayer

[12:46] {nemo} cat bounce by .30

[12:47] {nemo} support below around .15

[12:47] {dino} lea drop

[12:50] {dino} out viix .21, +.31

[12:53] {thomcbell} oh vad i stepped away on cat 

01[12:53] {&Threei}  argh

[12:53] {thomcbell} i thought it was the last run up there above 93

[12:55] {dino} cov kpti .50, +.25

[12:58] {thomcbell} splk has a nice cup in process with 76.10 entry

[13:08] {dino} nxst drop

[13:10] {dino} smr l .43

[13:10] {nemo} 42.54 support

[13:15] {thomcbell} ssys and ddd have strength here

[13:15] {thomcbell} impressive

[13:15] {nemo} glamour stocks in a bull market

[13:16] {thomcbell} ddd 89.90 long break hl

[13:19] {dino} stopped .11, -.32

[13:20] {thomcbell} nope ddd

[13:21] {nemo} kinda wrong time for breakout 

[13:21] {thomcbell} indeed

[13:25] {Les} sm. iwm short .95 holding .00

[13:28] {Les} http://www.youtube.com/watch?v=3a7cHPy04s8

[13:36] {Les} goddamn you Maverick

[13:59] {Les} RIG death, BP too

01[13:59] {&Threei}  *(US) FEDERAL RESERVE BEIGE BOOK: ECONOMY EXPANDED AT A MODERATE PACE IN MOST REGIONS

[13:59] {nemo} water is wet

01[13:59] {&Threei}  uhhu

[14:07] {nemo} mpc looks two-way

[14:10] {Les} VEEV might have found resistance here. I had no luck at VWAP

[14:10] {Les} skinny, me no like

[14:18] {Les} didn't need diaper for VEEV, but a better padded account inthe future. first obvious resistance didn't stick. 2nd entry level worked without me

[14:18] {Les} something for the future

[14:18] {dino} thinny smr s kpti .18

[14:23] {Les} VEEV looks positively obese next to KPTI Dino...

01[14:23] {&Threei}  lol

[14:23] {dino} lol

[14:23] {Les} I redefine my opinion of a skinny

[14:30] {dino} cov kpti .71, +.48

[14:31] {dino} damn, dropped another .40

[14:31] {thomcbell} talk tomorrow fellas

[14:31] {Les} nice one

01[14:32] {&Threei}  take care tbell

[14:32] {dino} ty

[14:39] {dino} how did i miss veev?

[14:40] {nemo} to much joie?

[14:40] {Les} cause I mentioned it?

[14:41] {dino} kpti distracted me, but sheesh

[14:42] {dino} nxst huge rinse on me

[14:42] {RonS} kndi must be free...

[14:42] {dino} 4 of 6, so not complaining. thats my .666 ratio

[14:43] {nemo} mmhhhhhh

[14:43] {RonS} devilish...

[14:43] {dino} beastly

[14:43] {dino} dpz spike

[14:58] {Les} VEEV straight into S3 for the rebound. gotta love the levels

01[15:06] {&Threei} Long Setup:  FB  .80 break

01[15:06] {&Threei}  If holds  .70 

01[15:13] {&Threei}  Invalidated  

01[15:18] {&Threei} Short Setup: VLO  .65 break hl

01[15:18] {&Threei}  If holds  .75 

01[15:24] {&Threei}  held by fingetips

01[15:33] {&Threei}  meh

[15:39] {goinshort} how about CAT for a short

01[15:40] {&Threei}  ugh, .45 break was valid setup

[15:40] {dino} calling it a day, dino afk, gn

[15:40] {Les} cheers man

01[15:40] {&Threei}  let's see if gives an entry

01[15:40] {&Threei}  take care dino

[15:40] {dino} you too, thx

[15:41] {Les} not playing anymore. market has unfinished issues overhead a domani

01[15:44] {&Threei}  good spot gs

01[15:48] {&Threei}  ok guys, thank you, have a good evening

01[15:49] {&Threei}  see you tomorrow

[15:49] {goinshort} Thanks V !!

01[15:49] {&Threei}  :)

Jan 14 2014

Kangaroo tail reversal for quick and easy 1:3, makes for a nice start of the day

Reversal setups, including this one, are described in great details in our 111 Trades Online Course at http://www.realitytrader.com/111trades.html 

Very strong day overall - I'd call it "can do rarely wrong" as there were some stops, but profitable trades were many and juicy. 

Session Time: Tue Jan 14 00:00:00 2014
[09:03] {dino} gm
[09:03] {RonS} howdy
01[09:06] {&Threei}  morning dino, ron :)
01[09:23] {&Threei}  Greece Fin Min Stournaras commented that he did not see any further debt write-downs on Greece debt as they are prohibited by national constitution
01[09:23] {&Threei}  lol
01[09:23] {&Threei}  as if it stopped them before
[09:23] {dino} sure sounds famialar
01[09:23] {&Threei}  no kidding
[09:24] {Les} that's creepy, why say that now?
01[09:24] {&Threei}  my guess is, another round is coming
[09:24] {thomcbell} clf up on analyst upgrade right to broken support - will look for a short setup
01[09:28] {&Threei}  gold's week, finnies strong
[09:28] {Les} it's a week for gold is it?
[09:29] {Les} or is gold 'weak' :P
01[09:29] {&Threei}  weak
[09:29] {dino} wow viix
01[09:30] {&Threei} Short Setup: GLD  .55 break
01[09:30] {&Threei}  If holds  .60
01[09:40] {&Threei}  quiet opening
01[09:40] {&Threei}  meh GLD
01[09:40] {&Threei}  works as SPY hedge
[09:43] {thomcbell} mu bananas
[09:43] {thomcbell} into gap and exploded
01[09:43] {&Threei} Short Setup: FB  .65 break hl
01[09:43] {&Threei}  If holds  .75
[09:44] {ese} i'm here i'm here....let the bells ring let the banners fly.....i'm here!!!
[09:45] {nemo} what are all those laser dots on your chest?
[09:45] {ese} lol
01[09:46] {&Threei}  1:1
01[09:46] {&Threei}  1:2
01[09:47] {&Threei}  1:3
01[09:47] {&Threei}  me out
[09:48] {fish_49} must have been a short?
01[09:48] {&Threei}  FB, yes
[09:48] {thomcbell} lulu waants lower
[09:49] {ese} nemo....you still rig on your radar
[09:49] {nemo} huh?
[09:49] {nemo} oh
[09:49] {nemo} no
[09:49] {nemo} oil been down strong, this is a short here, but be interesting to see where oil goes today considering it's been a redheaded step-child of late
[09:51] {ese} sorry bout that RIG
[09:52] {ese} the daily looks good...consolidation mode
[09:52] {ese} was thinking yesterday could be part of higher low
[09:53] {nemo} fundamentals of oil production are changing
[09:53] {nemo} I know it's not trading, but that industry is gonna' be cloudy for awhile, unless China attacks somebody
[09:54] {ese} ya for sure
[09:57] {fish_49} SPY Filled the gap?
[09:57] {nemo} no
[09:57] {fish_49} that's what I thought
01[09:59] {&Threei}  *(US) NOV BUSINESS INVENTORIES: 0.4% V 0.3%E
[09:59] {thomcbell} swks very strong yest
[09:59] {thomcbell} looks good here
[10:01] {dino} gpor sm l .00
[10:03] {Les} sm iwm short here
[10:03] {Les} .54 hilding  .60
[10:04] {Les} should be hiting DIA but it is what it is
[10:04] {Les} 1:1
01[10:05] {&Threei} Long Setup:  C  .95 break
01[10:05] {&Threei}  If holds  .87
[10:06] {Les} 2nd half iwm stop
01[10:07] {&Threei}  1:1
01[10:10] {&Threei}  (US) Senate Majority Leader Reid (D-NV): Have held good negotiations with Republicans on extending unemployment insurance, still working to reach an agreement
01[10:11] {&Threei}  who let the clowns in?
01[10:15] {&Threei} Short Setup: FB  .85 break
01[10:15] {&Threei}  If holds  .90
01[10:16] {&Threei}  1:1
[10:18] {dino} rlyp spike
[10:25] {nemo} basically nothing on the weak side of the algo
[10:30] {fish_49} cut the longer term unemployment and see if that helps the unemployment rate.  Who heard of being on the tax payer for 2 years?  Friggin Socialism
[10:30] {thomcbell} c what a dog
[10:38] {thomcbell} mu 23.52 break if hlding 23.60
[10:39] {nemo} are u shorting?
[10:39] {nemo} this is vwap at .50 on a strong stock
[10:39] {ese} fwlt
[10:39] {dino} ctrl spike, ehth too
[10:40] {thomcbell} forget it
[10:46] {nemo} IWM back up into yesteday's range...that'll have to weaken for the market to come in
01[10:48] {&Threei} Short Setup: C  .70 break
01[10:48] {&Threei}  If holds  .80
[10:57] {nemo} frickin' grind up
[10:58] {dino} ditto
[10:58] {nemo} makes sense, it is a bull market
01[11:02] {&Threei}  stop to .76
[11:03] {fish_49} we lost our new CC so fast?
01[11:03] {&Threei}  no, he is available via Skype
[11:03] {fish_49} ahhh  ok
01[11:03] {&Threei}  room, on and off, depending on need
[11:04] {fish_49} 10-4
[11:05] {fish_49} don't have a need yet  just noticed him missing in action  thought Nemo kicked him out
[11:13] {dino} agn spike
01[11:20] {&Threei}  look at GLD
01[11:21] {&Threei}  total SPY hedge
[11:21] {dino} agn smr s .41
[11:22] {thomcbell} C what a dog ill say again
[11:23] {fish_49} Thomb  what are u expecting on C
[11:23] {thomcbell} if market weakens it is a short
[11:24] {dino} ehth sm s .48
[11:29] {dino} cov ehth .10, +.38
[11:35] {thomcbell} lulu speaking at a conf. just had  some selling pressure come into the name
01[11:36] {&Threei}  Lululemon athletica inc Exec: SSS forecast including online sales to be in up in the low single-digits - conf comments ***Reminder: On Jan 13th, the company cut its Q4 guidance to $0.71-0.73 v $0.79e, R$514-518M v $541Me and guided SSS down "low-to-mid-single digits"
01[11:38] {&Threei} Short Setup: GLD  .80 break
01[11:38] {&Threei}  If holds  .90
[11:41] {dino} tsla spike
[11:44] {thomcbell} swk 81.80 long break
[11:47] {RonS} 3i, see a twtr long trigger?
01[11:47] {&Threei}  .80
01[11:48] {&Threei}  if holds .60
[11:48] {RonS} txs
[11:48] {thomcbell} swk 1:1
[11:53] {thomcbell} thats all she had on swk
01[12:00] {&Threei} Short Setup: SLW  .50 break
[12:06] {Les} DIA ooking heavy following 2nd effort to break 163
01[12:12] {&Threei}  1:1
01[12:45] {&Threei} Long Setup:  FB  .20 break
01[12:47] {&Threei}  If holds  .10
01[12:50] {&Threei}  (US) Fed's Plosser (hawk, 2014 voter): Weak Dec jobs data should not impact taper, supportive of moving forward with Fed bond buying wind down- Repeats concerned Fed may not raise rates when the time is right; Fed should seek to end its bond purchases before the late part of 2014 - Sees potential for upside risk in inflation in the long term and reiterates future rate increases may need to be aggressive - Decline in participation rate in the workforce likely driven by demographic factors - Forecasts 2014 GDP at 3%, unemployment rate near 6.2% at year end
[12:53] {nemo} mpc
[12:57] {dino} fprx spike
[13:01] {dino} alny smr s .65
[13:02] {dino} cov .05, +.60
[13:02] {RonS} tsla on fire
[13:02] {nemo} all on comments from what's his name
01[13:03] {&Threei}  Musk
[13:03] {nemo} yeah
01[13:03] {&Threei}  Tesla Motors CEO Musk tweets: Some confusion in media reports today. No Tesla vehicles are being physically recalled by Tesla **NOTE: on 1/10: Tesla announced its would upgrade charger wall adapters following reports of fires in some customers' garages. - Media reports today (1/14) said the NHTSA confirmed the action by Tesla today referring to the adapter replacement as a "recall."
[13:04] {dino} lol, buy a tesla and burn down your house
[13:05] {Les} sm. C short at the whole
[13:05] {RonS} wife's uncle named Cologne...raises q...if a Cologne married a Musk would the EPA ban it?
[13:05] {dino} that just stinks
[13:05] {nemo} so Ron
[13:05] {nemo} nice dino
[13:05] {dino} :)
01[13:06] {&Threei}  would they call their child Bo?
01[13:07] {&Threei}  FB 1:1
[13:09] {dino} lol
[13:11] {RonS} wife's cousin married a Ho...so male offspring is a Ho Ho...would be a dessert or Santa?
[13:11] {nemo} and if she were Swiss, it could have been a yodel
[13:15] {fish_49} Ron it depends on who you ask.  Since they no longer make HoHo's it would be a santa or if you were asking someone from the ghetto it could mean a lady for hire.
[13:16] {RonS} fwiw someone bought Hostess assets and Ho Ho's back...
[13:16] {fish_49} no
[13:17] {fish_49} Twinkies are back  right  but  did they bring back HOHO's?  I am searching them
[13:18] {fish_49} was my favorite junk food  lol  In college we had contest to see who could down the most   I could easily take out an entire box in one sitting
[13:20] {dino} anv s .76
[13:21] {dino} cov anv .62, +.14
01[13:27] {&Threei}  1:2
[13:30] {dino} fish, that reminds me of the 49 contestants instead of 50 in mss usa contest
[13:30] {dino} nobody wanted to be miss i da ho
01[13:31] {&Threei}  lol
[13:32] {Les} lol
[13:32] {Les} C stop +:02
01[13:38] {&Threei}  1:3
01[13:38] {&Threei}  out
01[13:38] {&Threei}  FB is making our day today
[13:39] {dino} anv s .76
[13:45] {fish_49} lol  dino
[13:53] {dino} cov anv .68, +.08
[13:54] {dino} jah s[pike
[14:06] {dino} jah sm s .05
01[14:11] {&Threei} Short Setup: FB  .25 break
01[14:12] {&Threei}  If holds  .35
[14:15] {dino} jah stop/cov
01[14:17] {&Threei}  1:1
[14:19] {fish_49} don't need to distract but if anyone has a free second  tell me how (DAS)  to link my open positions window  to the montage
[14:20] {Les} the anchor icon on your L2 screen fish
[14:21] {Les} drag it over whatever chart you need to link it
[14:21] {nemo} no, I don't think that will work
[14:21] {nemo} it would be in the config window, but I don't see that ability there
[14:22] {nemo} I don't think you can Joe
[14:22] {fish_49} honestly  don't let it distract   what I have is a positions window open and I just want to be able to click on any position in that window and the montage should populate that ticker right?
[14:22] {Les} aah ok
[14:22] {Les} hmmm never tried it
[14:23] {fish_49} so you actually type in the symbol every time?
[14:23] {Les} Have two trading windows
[14:23] {Les} and I don't exceed that number of setups
[14:23] {Les} not with my BP anyway
[14:23] {fish_49} ok  I see a work around
01[14:24] {&Threei}  if you had some symbol on level 2 today, just click the arrow next to the symbol window, it will be in the list
[14:24] {dino} click in montage should transport it everywhere
[14:24] {fish_49} yea  or  I found a way  right click the symbol in the positions list and it will populate in the montage
[14:24] {dino} i only manually enter a symbol in montage
[14:25] {fish_49} next time u have a position in positions window right click the symbol and slect montage  it will populate
[14:26] {Les} gyrating market like the Democrats... Pissin me off.... http://www.popmodal.com/video/1592/Gun-Laws--South-Park
[14:27] {dino} non-stoppable spikes pissing me off
[14:29] {Les} aaah if I'd scalped everything instead of looking for followthru...
[14:30] {fish_49} ok Im 1:1  on a c short  how do I cover?
[14:30] {nemo} buy
[14:30] {Les} u short .90?
01[14:30] {&Threei}  with buy bitton
01[14:30] {&Threei}  button
[14:31] {dino} lol fish
[14:31] {Les} making sure you do not have default settings
[14:31] {Les} but the actual number of shares you shorted
[14:32] {fish_49} Im out  +1
[14:32] {fish_49} ;p;
[14:32] {fish_49} lol
[14:33] {fish_49} that's .01
[14:33] {Les} .01?
[14:33] {Les} heh, shorted C again when it finally lost VWAP support at .90, but again no follow thru
[14:34] {fish_49} I was not looking at it on a chart Les  just playing the video game  to learn this platform
[14:35] {fish_49} I watched the L2 and was up $100 but by the time I was able to figure out how to get out  I ended up +01
01[14:37] {&Threei}  do it in demo mode until you get it down colkd
[14:38] {fish_49} yep
01[14:38] {&Threei}  must be absolutely automatic
[14:38] {fish_49} after I get into the position can I place the stop and the target  also?
[14:38] {nemo} yeah sell stop and buy stop
[14:39] {fish_49} so Im in the position then now I want to key in my stop and my target  and just wait for them to be hit
[14:39] {fish_49} I don't want to do the hover thing
01[14:39] {&Threei} Short Setup: SLW  .35 break
[14:39] {fish_49} hand on mouse  mnouse hovering over the buy or sell button  lol
01[14:39] {&Threei}  you do it only at the moment of the break
01[14:40] {&Threei}  to make sure you get in when it moves fast after breakout
[14:40] {fish_49} I see that now
[14:40] {fish_49} lol
[14:47] {dino} shld spike
[14:48] {dino} sm s .02
01[14:48] {&Threei}  SLW stop is .41
[14:48] {dino} cov shld .32, +.70
01[14:49] {&Threei}  wtg
[14:49] {dino} ty
[14:49] {dino} xon spike
01[14:53] {&Threei}  1:1
[14:53] {Les} ty sir
01[14:53] {&Threei}  yw
01[14:53] {&Threei}  "can rarely do wrong" day
[14:54] {dino} 5 of 9
01[14:54] {&Threei}  not bad
[14:54] {dino} 3 rinses on the 4 losses
[14:54] {dino} better than last week, but should be at 6/9. thats long term average
[14:55] {fish_49} I didn't get out at 1:10  I have order in to cover half at .25  never filled
[14:55] {dino} triggers on shorts are not cooperating
[14:56] {dino} agio spike
[14:58] {fish_49} 6 out of 9 winners Dino?
[14:59] {dino} typically, but struggling so far this year
[15:01] {dino} agio going crazy
01[15:02] {&Threei}  Raid at Justin Bieber LA house, cocain found
[15:02] {fish_49} out in full
[15:02] {dino} shocking (not)
01[15:03] {&Threei}  about 3/4 of Canada jumps up and down, for the first time happy to see his name in the news
[15:04] {Les} thought my scanner had bugged my pc. setting up new scanner for negatives takes significant resources...
01[15:04] {&Threei}  hmm?
[15:05] {dino} huh?
01[15:05] {&Threei}  wait, what scanner?
[15:05] {Les} putting first negative ever under my Canon scanner for digitalisation
01[15:05] {&Threei}  rofl
[15:05] {Les} ?
01[15:05] {&Threei}  I thought you meant IntelliScan
[15:06] {Les} hehehe
[15:06] {dino} lol, i thought you were talking about stock scanner for drops
01[15:06] {&Threei}  so did I
[15:06] {nemo} Intelliscan and Les are an oxymoron
[15:06] {Les} LOL
[15:06] {Les} ah piss off bunny boy this is funny
01[15:06] {&Threei}  reread your line from that point of view Les
01[15:06] {&Threei}  you will laugh as I did
[15:06] {fish_49} negatives as in film?
[15:06] {Les} yeh I can see the traders mindset
[15:07] {Les} yeh. thought it had locked up my pc. just takes a long time
01[15:07] {&Threei}  my first thought was, jeez, decade of IntelliScan use, never heard of any bugs in it
[15:07] {nemo} if we get to 184.20ish we'll completely recover yesterday's hiccup
[15:07] {fish_49} sometimes the Chinese stink bugs get in there  Vad
01[15:07] {&Threei}  and even if something is wrong with it, how come it manifests itself only on dropping stocks?
[15:08] {fish_49} well thos Chinese stink bugs in the scanner can cause all kinds of damage.  Cups  no longer have handles  and head and sholders can be missing sholders sometimes
01[15:08] {&Threei}  and btw... anyone ever tried this tropical thing called bitter melon?
06[15:08] * Les slaps fish_49 around a bit with a large trout
01[15:08] {&Threei}  or bitter gourd
01[15:08] {&Threei}  lol fish
01[15:09] {&Threei}  man, when they call it "bitter" they are not kidding...
[15:09] {fish_49} ok so where can I review closed trades for price filled
[15:09] {fish_49} I have heard of it  but don't think I have tried it Vad.  
01[15:10] {&Threei}  unless you like bitter multiplied by bitter and by factor 10x, don't...
[15:11] {dino} click trades on tool bar, then trades again
[15:12] {fish_49} got it thanks Dino
[15:12] {dino} np
[15:12] {dino} xon another spike
[15:13] {dino} aol too
[15:23] {Les} would like to say DIA DT but that's been enough top calling for one day...
01[15:24] {&Threei}  it looks to me like another breakout
[15:24] {Les} let it alone then
[15:25] {nemo} 183.78 yesterday's pivot 184.24ish is yesterday's high, iwm .06 from yesterday's high
[15:25] {nemo} Q's ripped almost 2% finnies weakest
01[15:32] {&Threei} Short Setup: FB  .60 break hl
01[15:32] {&Threei}  If holds  .70
[15:33] {dino} teva spike
[15:45] {fish_49} ok I learned how to place a stop market order with this platform  But once it's filled I need to remember to cancel my profit target orders
[15:45] {fish_49} just learning the platform Im up 68 bucks  I feel good
01[15:46] {&Threei}  there is OCA orders I think
01[15:46] {&Threei}  One cancels another
[15:46] {fish_49} yea  I will learn that tomorrow if CC7 is here  he indicated he would be in the room tomorrow
01[15:46] {&Threei}  so you can place both target and stop, and when one is filled, other is automatically cancled
[15:46] {Les} IWM short works
[15:47] {Les} come on FB
[15:47] {fish_49} yea  I use them on my existing platform
[15:47] {fish_49} when I place an order to get in a position the stop and the profit orders go in at the same time  just in case electricity goes out
[15:47] {nemo} that only works if the order is out on the server
[15:48] {nemo} you better ask that question tomorrow
[15:48] {fish_49} yes  of course  OSO  and OCO  should be out on the server if not it would be useless
01[15:49] {&Threei}  OK, done for the day
01[15:49] {&Threei}  good one, too
01[15:49] {&Threei}  thank you all, have a great evening, see you tomorrow
[15:49] {fish_49} see ya
[15:49] {Les} a+

Jan 13 2014

Catch of the Day, GM short - 5 cents risk, 30 cents reward. This is actually second short on this name today, first resulted in 20 cents profit. 

With that, and 1:3 on FB bounce, we finished positively even though with not as much profit as we would have liked, as a few rinses made some dent.

Session Time: Mon Jan 13 00:00:00 2014
[08:51] {_thenexttick} gm
01[08:52] {&Threei}  morning tick
[08:55] {Les} gm
[08:55] {fish_49} gm tick  gm Les  Gm Vad
[08:56] {fish_49} and Robbers
[08:56] {fish_49} US and Canadian dollars on the tun this morning
[08:56] {fish_49} the Yen woke up from a long hibernation.  for once has the most volume for Currency futures
[08:58] {Les} http://www.ft.com/intl/cms/s/2/9b50c6a4-34c1-11e3-8148-00144feab7de.html#axzz2qHqjPKCU
[08:58] {Les} commentary on the US dollar worth reading
[08:59] {fish_49} thanks
01[09:00] {&Threei}  les, fish :)
[09:00] {Les} something I keep an eye on when the Swiss Franc finally gets punished for buying too many Euros
[09:02] {fish_49} the Swiss Franc and the Euro usually trade side by side.  I don't usually look at the SF because there is more volume in the Euro  usually
[09:03] {dino} gm
[09:04] {fish_49} Dino  GM
[09:04] {RonS} greetings
01[09:04] {&Threei}  dino, ron :)
[09:13] {thomcbell} gm all
01[09:14] {&Threei}  tbell :)
[09:14] {thomcbell} action was sneaky last week - very tight range but we closed high in the weeks range and the advancers beat decliners by a wide margin on friday best of week
[09:19] {nemo} Hey Dino, watch any football this weekend?
[09:20] {dino} yes, on saturday, say both games
[09:20] {nemo} I know I'm biased but given the Patriots' injuries this year, what Belichick has done is simply amazing
[09:21] {dino} yeah, who would've thought they'd turn into a running offense in the playoffs
[09:21] {thomcbell} unreal
[09:21] {nemo} They actually played that way for about the last 1/3 of the season
[09:21] {fish_49} Thanks for the help this weekend  Vad  I owe u a cup of coffee
[09:21] {ese} gm
[09:21] {nemo} punter goes down, so kicker takes over and Brady holds...wtf
01[09:21] {&Threei}  ese :)
[09:22] {dino} yeah, thats something
01[09:22] {&Threei}  np fish, let me know what you end up with
[09:22] {nemo} Brady said he hadn't done that since college
[09:22] {fish_49} http://s1332.photobucket.com/user/bkhmd/media/CoffeeMugforVad_zps5200abf1.jpg.html
[09:22] {fish_49} coffee for u
01[09:23] {&Threei}  nah... that's Canon which I dislike, and it leaks
[09:23] {ese} We up here in the north west are rooting for the seahawks.....
[09:23] {fish_49} lol
[09:24] {dino} well, brady is a cool guy under pressure, sure he could do alot of things. one of the all time best imo
[09:24] {dino} just wish he was on jets
[09:24] {nemo} that seems to be the general consensus
[09:24] {nemo} did the musician say something?
[09:25] {ese} ha ha........ha ha
[09:25] {nemo} go back and oggle your female students (lucky bastard)
[09:25] {nemo} or is it "ogle"?
[09:25] {ese} lol
[09:26] {robbers} I think the word is "appreciate."
[09:26] {ese} have 3 favorite teams down there......Packers, Cowboys and Seahawks
[09:26] {nemo} funny though, at my age, I see a beautiful woman, I appreciate it, but this neon sign flashes in my mind "Trouble!"
[09:26] {robbers} For her maybe.
[09:27] {ese} remember watching the packers in the first 3 superbowls as a kid....awesome....been a packer fan the longest
[09:27] {nemo} nah, I mind my P's and Q's   I also find myself thinking more like a parent, which scares the bejeezus out of me
[09:27] {ese} ba dap bap!!!!! nice one robbers
[09:27] {RonS} "there is no woman, however beautiful, that some guy, somewhere, thanks God he is away from her"  Dennis Rodman
[09:28] {nemo} Hah!  old line
[09:28] {RonS} only sensible thing he's ever said...
[09:28] {nemo} A Russian friend of mine told me that
[09:29] {RonS} dinasaur bowl:  Manning/Brady XV
[09:29] {nemo} good one
[09:29] {nemo} Manning may be his last year
[09:31] {RonS} Colts said that two years ago...
01[09:31] {&Threei} Long Setup:  FB  58 break hl
01[09:31] {&Threei}  If holds  .90
01[09:31] {&Threei}  1:1
01[09:32] {&Threei}  1:2
[09:32] {robbers} Good call Vad.
01[09:33] {&Threei}  was very nice of it to return and pick up late passengers
01[09:34] {&Threei}  nice rug pull
01[09:35] {&Threei}  let's see if there is another entry
[09:35] {Les} looking for iwm ressiswtance around .50 maybe dt
01[09:35] {&Threei}  somewere about .70 - .80
[09:38] {thomcbell} mu at pivot and thru
01[09:38] {&Threei}  well, .80 was an entry but happened too fast for a call
01[09:39] {&Threei} Short Setup: GLD  .25 break
01[09:39] {&Threei}  If holds  .35
01[09:39] {&Threei}  let's see if we are friends with GLD today
[09:39] {dino} bti sm l .35
[09:40] {dino} iep drop
[09:40] {Les} messy iwm entry no dice
01[09:41] {&Threei} Long Setup:  FB  .70 break
01[09:41] {&Threei}  If holds  .60
01[09:43] {&Threei}  a bit too heavy... let's trail to .64
01[09:43] {&Threei}  don't wantr to get caught into another rug pull
[09:44] {nemo} next 15 minutes is HFT party time
[09:44] {dino} 'iep smr l .09, wide/gappy
01[09:45] {&Threei}  out
01[09:45] {&Threei}  good idea to tighten
01[09:46] {&Threei}  no worky GLD
[09:47] {Les} GLD at the 50 didn't notice that
01[09:48] {&Threei} Long Setup:  C  .40 break
01[09:48] {&Threei}  If holds  .30
01[09:50] {&Threei}  SPY is indecisive
[09:50] {Les} long iwm
[09:50] {nemo} couple of the big banks report tomorrow, we may be waiting on that
[09:51] {Les} .95
[09:51] {Les} 1:1
01[09:51] {&Threei}  C stop to .34
[09:52] {Les} quarter at .13
[09:55] {Les} trail stop
[09:57] {_thenexttick} coals going WLT,ANR
01[09:58] {&Threei}  half out C
01[09:58] {&Threei}  .47
01[09:59] {&Threei}  stop .39 for the balance
[09:59] {dino} bti stop -.35
[10:01] {dino} alny crazy
01[10:02] {&Threei}  nice move IWM
[10:02] {Les} watching for c&h setup
[10:07] {Les} charts showing teleportation dogdgy data this open
[10:08] {Les} candles keep changing
[10:09] {dino} bti rinsed
01[10:10] {&Threei} Short Setup: BP  .80 break
01[10:10] {&Threei}  If holds  .85
01[10:13] {&Threei}  meh
[10:14] {nemo} freestockcharts is screwed up
[10:14] {nemo} bats exchange feed
[10:16] {Les} yeh
[10:16] {Les} short BP .83 hilding the high
01[10:23] {&Threei} Long Setup:  IWM  .40 break
01[10:23] {&Threei}  If holds  .35
01[10:23] {&Threei}  aggressive for .45
[10:24] {dino} out iep .50, +.41
01[10:24] {&Threei}  meh
01[10:25] {&Threei}  wtg dino
[10:25] {Les} BP 1:1
[10:26] {dino} added sm amt alny puts
[10:28] {dino} bti l .76
01[10:35] {&Threei}  watching GM for long entry on pullback
[10:38] {dino} vjet spike
[10:38] {dino} rcpt spike
[10:40] {thomcbell} fb looking for along setup
[10:41] {Les} BP VAD
01[10:41] {&Threei}  FB not finding footing today
[10:41] {Les} might be your short setup here
[10:42] {dino} bti stop to .99
[10:43] {thomcbell} GM migh be 40.63 long break
[10:43] {thomcbell} fb nothing
[10:46] {dino} out bti .98, +.22
01[10:48] {&Threei} Short Setup: GM  .57 break
01[10:48] {&Threei}  If holds  .64
[10:52] {RonS} took iep 112.60 out 114.45 +1.85 thanks dino and Carl...
[10:52] {Les} bitchen... gj
01[10:54] {&Threei}  cover half GM here
01[10:54] {&Threei}  sharp drop
[10:54] {nemo} c u gotta leave for awhile
01[10:54] {&Threei}  stop to .61
01[10:55] {&Threei}  to .58
[10:57] {Les} BP 2nd half stop
[10:59] {dino} vsm s alny 109.12 pulp
01[11:01] {&Threei}  give us another leg down, GM
[11:05] {dino} cov alny 107.54 +1.58
[11:05] {RonS} gj
[11:05] {dino} ty
01[11:05] {&Threei}  stop to .56
[11:06] {Les} short BP .79 last try
[11:07] {Les} holding .86
01[11:07] {&Threei}  1/4 more out
01[11:07] {&Threei}  stop to .51
[11:09] {RonS} sm l ssys 133.74 s/l lod
01[11:12] {&Threei}  closed last piece of GM
[11:16] {Les} BP 1:1
[11:16] {Les} .85 is S3, proving strong resistance at moment
[11:20] {Les} DIA inverted c&h following H&s b/d
01[11:24] {&Threei} Short Setup: MCD  .05 break
01[11:24] {&Threei}  If holds  .15
01[11:29] {&Threei}  Invalidated
[11:36] {dino} cme sm l .26
[11:52] {thomcbell} groundhog day December 26th over and over and over and over
[11:52] {thomcbell} and...........over
01[11:54] {&Threei} Short Setup: GM  .45 break
01[11:54] {&Threei}  If holds  .50
01[11:57] {&Threei}  let's lose .40 this time, GM
01[11:57] {&Threei}  and crrrrrash
01[12:00] {&Threei}  ICPT, hseesh
01[12:00] {&Threei}  insanity incorporated
[12:00] {dino} crazy one up 360 pts in 2 days
[12:01] {Les} WTF lol didn't see what the fuss was about
01[12:01] {&Threei}  weekend news on it was included in Sunday Links e-mail
01[12:01] {&Threei}  anyone reads that?
01[12:01] {&Threei}  GM 1:1
01[12:01] {&Threei}  good boy
01[12:01] {&Threei}  girl?
[12:01] {RonS} down 180 overnight...Barrons mention that the new drug causes cholesteral...the horror...
[12:01] {Les} not specific stocks, no. read the weekly market picture...
[12:03] {Les} quarter off BP at .61
[12:03] {Les} covered should say
[12:04] {Les} can we get retest of opening low???
[12:05] {dino} sure
01[12:05] {&Threei}  why not
01[12:05] {&Threei}  OGEN Halted; circuit breaker
[12:05] {Les} it was a rhetorical question given to the market messieurs...
01[12:06] {&Threei}  Textura Corp Hearing weakness attributed to Citron research tweet reiterating cautious stance- Tweet: A picture is worth 1k words. Citron proves $TXTR CEO involvement with nefarious stock promoters, and the coverup is worse.
01[12:06] {&Threei}  lol
[12:07] {dino} that was cc9 stock
[12:08] {RonS} ...thye trader formerly know as "Prince"?
[12:16] {Les} nursing last quarter of BP and getting ready for nightshift. a+
[12:19] {fish_49} good job Les
01[12:24] {&Threei}  1
[12:24] {fish_49} 2
[12:24] {fish_49} pm
01[12:24] {&Threei}  1;2 GM
01[12:27] {&Threei}  GM is our best girl today
[12:29] {dino} alny puts working nicely
[12:31] {nemo} what I miss?
[12:31] {nemo} other than the indexes letting go
[12:32] {dino} nothing
[12:32] {fish_49} gm wanting to fall further
01[12:32] {&Threei}  i hope
[12:32] {fish_49} wb Nemotoad
[12:32] {nemo} hey joe
01[12:36] {&Threei}  1
01[12:36] {&Threei}  1;3 GM
[12:37] {fish_49} 0.10 looks like a pause and perhaps bounce gm
01[12:37] {&Threei}  out in full
[12:37] {thomcbell} very nice vad
01[12:38] {&Threei}  :)
01[12:41] {&Threei}  wow
01[12:41] {&Threei}  had even more in it
[12:45] {fish_49} ya think cc9 is buying these dips?  no news  no reason for the drop in general indexes especially during lunch
01[12:45] {&Threei}  if he does, it hurts
[12:45] {fish_49} is it still fear of the end of tapering and possible rate increase?
01[12:46] {&Threei}  who knows...
[12:46] {dino} i don't think so fish
[12:48] {nemo} spy gonna' check 183
[12:48] {nemo} just the hft algo's looking for order flow
[12:48] {fish_49} whats ur opinion Dino
01[12:49] {&Threei} Long Setup:  LULU  .20 break hl
[12:49] {fish_49} getting ready to try the YM  long aoround 16296
[12:52] {dino} stc alny puts, +4 or 87%
[12:53] {RonS} wtg
[12:54] {dino} ty
[12:54] {thomcbell} mcp i have a buy stop of 5.52 in there
[12:54] {thomcbell} 5.53
[12:54] {thomcbell} thing is acting sneaky
[12:57] {thomcbell} lulu looks like 50.09 stop on long and reverse short
[12:57] {dino} mck drop
01[13:00] {&Threei}  meh
[13:04] {dino} mck smr l .12
[13:07] {dino} stop
[13:13] {dino} rinsed
01[13:20] {&Threei} Short Setup: SODA  .25 break hl
01[13:20] {&Threei}  ugh, late
01[13:22] {&Threei}  grrr... got away
[13:23] {dino} prta drop
[13:25] {thomcbell} lulu 1:2 hehe
01[13:25] {&Threei}  yeah
01[13:28] {&Threei} Long Setup:  NES  .65 break
01[13:28] {&Threei}  If holds  .60
01[13:31] {&Threei}  nope
[13:37] {goinshort} how about a BBY short?
01[13:38] {&Threei}  no clear setup yet
01[13:40] {&Threei}  frikin SODA
01[13:45] {&Threei} Short Setup: LULU  .85 break hl
01[13:45] {&Threei}  If holds  .95
01[13:50] {&Threei}  1:1
01[13:52] {&Threei}  1:2
[13:52] {fish_49} gotta swim  see ya tomorrow guys
01[13:52] {&Threei}  take care fish
[13:53] {goinshort} Nice call V - thanks
01[13:55] {&Threei}  :)
[13:56] {nemo} saw a funny tweet by @neinquarterly:  Why did the Bavarian cross the road?  He was putsched.
01[13:59] {&Threei}  (US) DEC MONTHLY BUDGET STATEMENT: $53.2B V $44.0BE
[14:05] {RonS} those Allstate daable check tv ads with aaron rogers pretty funny...george from cheers reading "ditka quarterly" and the other guy reading "bratwurst afficianado"
01[14:16] {&Threei}  I guess they don't run here
01[14:16] {&Threei}  haven't seen any
[14:16] {thomcbell} yes pretty funny
[14:17] {thomcbell} tail on C
[14:39] {thomcbell} sbux 75.50 short break if holding 75.60
[14:51] {thomcbell} sbux 1:2
01[14:52] {&Threei}  wtg
01[14:53] {&Threei} Long Setup:  LB  .95 break
01[14:53] {&Threei}  If holds  .90
01[15:00] {&Threei}  Invalidated
[15:02] {dino} viix l .91
01[15:04] {&Threei}  FB can't stop dropping
01[15:05] {&Threei}  giving serious thoughts to switching from BTFD to STFS mode
[15:05] {dino} out viix .17, +.26
[15:07] {RonS} wtg
[15:08] {thomcbell} cover rest of sbux if anyone there
[15:09] {dino} vxx s .51
[15:09] {thomcbell} fb nasty
01[15:12] {&Threei} Long Setup:  FB  .85 break
01[15:12] {&Threei}  hl
01[15:13] {&Threei}  If holds  .75
01[15:13] {&Threei}  1:1 in a hurry
01[15:15] {&Threei}  Target Corp Reportedly Democrats on House Financial Services Committee are looking to open an inquiry into events surrounding the Target data breach
01[15:16] {&Threei}  frikin busybodies
[15:16] {nemo} they oughta' look into healthcare.gov
01[15:16] {&Threei}  1:2
01[15:16] {&Threei}  as if they understand anything in that breach, or can do anything avbout it
01[15:19] {&Threei}  1:3
01[15:20] {&Threei}  out
[15:26] {thomcbell} sbux 1:6
[15:27] {thomcbell} rats
01[15:27] {&Threei}  :)
[15:27] {thomcbell} have to run guys - nice job today Vad culling some winners
01[15:27] {&Threei}  take cate tbell, ty
01[15:28] {&Threei}  culling or calling?
[15:28] {thomcbell} calling
01[15:28] {&Threei}  :)
01[15:32] {&Threei}  let's see if we get one more play off double bottom on FB
01[15:33] {&Threei} Long Setup:  FB  .95 break hl
01[15:33] {&Threei}  If holds  .85
01[15:35] {&Threei}  nope, fear closes the day
[15:52] {dino} cov vxx .42, +.09
01[15:54] {&Threei}  FB did a nice bounce
[15:55] {nemo} went with indexes
01[15:56] {&Threei}  OK guys, thank you
01[15:56] {&Threei}  have a great evening, see you tomorrow
[15:57] {goinshort} Thanks V !!
[15:59] {dino} gn all