Monday, March 3, 2014

March 03 2014

Somewhat jerky day, what with all the Ukraine/Russia news. Still, squeezed enough profit to make it worth our while. Mostly usual suspects, like FB, C, EBAY etc, with random one on LO thrown in for a good measure. Has also severe case of scalper's regret when one of our trades went to 1:10, after we took 1:3 profit.


Session Time: Mon Mar 03 00:00:00 2014
[08:47] {thomcbell} GM all
01[08:47] {@Threei}  morning thom
[08:49] {nemo} oh shit, Fasching ends tomorrow
[08:50] {nemo} so far we can't bet below S2 on the daily for IWM and SPY 
[08:56] {nemo} btw...vix should be a liquid and active play this week
[09:05] {dino} gm
01[09:05] {@Threei}  dino :)
[09:06] {dino} whoo-hoo, storm missed us
[09:06] {goinshort} gm all!
01[09:06] {@Threei}  gs :)
01[09:07] {@Threei}  thank god for small favors dino...
01[09:07] {@Threei}  one storm in the whole winter just had to leave you in luck
[09:08] {dino} teah, went from expected 12" of snow to a dusting, nice
[09:08] {dino} yeah
[09:10] {dino} i see leading from behind (the obama way) has really stopped russia
[09:10] {thomcbell} gld and gdx could be nice reversal plays 
[09:10] {thomcbell} dust too
01[09:11] {@Threei}  it so has dino
01[09:11] {@Threei}  he is trembling
01[09:11] {@Threei}  putin I mean
[09:11] {dino} say what you want, but "w" would have made them think twice
[09:12] {RonS} gm...hearing "obama launches verbs in attempt to thwart Russian advances in Crimea"... 
[09:12] {dino} lol, what no adjectives
01[09:12] {@Threei}  ron :)
01[09:12] {@Threei}  also, my favorite line from this morning:
01[09:12] {@Threei}  - France Foreign Min Fabius: Ukraine situation not bad enough to halt warship sales to Russia; seeking to stop Russia in Ukraine with diplomacy
01[09:13] {@Threei}  that tells Putin all he needs to know
[09:14] {RonS} fast sat morn snowstorm through denver triggered a 104 car accident on 8 lane I25 through central denver...1 dead, 30 to hospital...if was in East you would have heard about it...
[09:21] {ese} good morning
01[09:21] {@Threei}  hey ese
[09:22] {munky} morn
[09:22] {ese} hey vad
01[09:22] {@Threei}  munky :)
[09:22] {ese} munky
[09:23] {mojo1} gd morning
01[09:23] {@Threei}  mojo :)
[09:24] {RonS} jim morrison:  mr. mojo rising...
[09:24] {ese} couple of new handles on the board.....
[09:24] {dino} still makes me think of golf balls
[09:25] {ese} you still in 20 feet of snow there dino
[09:26] {nemo} we lucked out, got nothing
[09:26] {ese} was -35 in Red Deer last week
01[09:27] {@Threei}  (UR) Reportedly Russian Duma is debating a draft law to annex Crimea - CNN
[09:27] {nemo} frickin' global warming
[09:27] {ese} hmmmmmm.......i think that was funny
01[09:27] {@Threei}  that's for you east coast guys: https://www.facebook.com/VadymGraiferPhotography/posts/552902898141990
[09:28] {RonS} lol
01[09:30] {@Threei} Short Setup: C  .70 break
01[09:31] {@Threei}  If holds  .80 
01[09:31] {@Threei}  Invalidated  
01[09:32] {@Threei} Long Setup:  GDX  .60 break
01[09:32] {@Threei}  If holds  .55 
01[09:37] {@Threei}  meh
01[09:38] {@Threei} Long Setup:  GM  .40 break
[09:38] {dino} qiwi smr l .00
01[09:38] {@Threei}  If holds  .35 
01[09:39] {@Threei}  1:1  
01[09:44] {@Threei}  Chancellor Angela Merkel of Germany told Mr. Obama by telephone on Sunday that after speaking with Mr. Putin she was not sure he was in touch with reality
01[09:44] {@Threei}  who of them did she mean?
[09:44] {fish_49} lol
[09:45] {dino} lol
01[09:45] {@Threei} Long Setup:  GLD  130 break
01[09:45] {@Threei}  If holds  .90 
[09:46] {dino} out qiwi 43.05, +1.05
01[09:46] {@Threei}  wtg
[09:46] {dino} ty
[09:49] {ese} nice one dino
01[09:50] {@Threei}  1:1  
01[09:50] {@Threei}  1:2  
01[09:50] {@Threei}  that's GLD we know and love
01[09:50] {@Threei}  not that crawling earthworm it pretended to be
[09:53] {dino} z been wild, 90-79 then 89-81
01[09:54] {@Threei}  closed on a trail
[09:54] {ese} L KMX .02
[09:56] {thomcbell} EWG 31 LONG BREAK 
[09:56] {nemo} you got a live feed of the dax futures?
[09:57] {thomcbell} no 
[09:57] {fish_49} no
[09:57] {dino} no
[09:58] {dino} mkt drop
01[09:58] {@Threei}  (DE) German foreign ministry official / Europe State Secretary Roth: Germany prefers diplomacy to sanctions on Ukraine
01[09:58] {@Threei}  Putin: I like that
[09:58] {nemo} frickin' kaetchen
[09:58] {thomcbell} nope 
[09:59] {dino} they gave up pretty fast on ukraine
[09:59] {nemo} imo...ewg fraught with headline risk today
[09:59] {dino} w/friends like that....
01[09:59] {@Threei}  Russia and Ukraine are at war with each other and Germany tries to restore peace between them - my grandfather just turned in his grave
[09:59] {dino} russians will grab another country w/these reactions
[10:00] {nemo} remarkably un volatile open
01[10:00] {@Threei}  (UA) Ukraine Defense Min said to have indicated that it received notice from the Russia fleet that unless it surrenders in Crimea by 0300GMT, it may face a storm
01[10:00] {@Threei}  *(US) FEB ISM MANUFACTURING: 53.2 V 52.0E; PRICES PAID: 60.0 V 57.4E
01[10:01] {@Threei}  *(US) JAN CONSTRUCTION SPENDING M/M: +0.1% V -0.5%E
[10:01] {fish_49} snow quit falling  perhaps it won't be bad as predicted
[10:02] {nemo} and THAT was because of the weather
01[10:03] {@Threei} Long Setup:  FB  . 45 break hl
01[10:03] {@Threei}  If holds  .35 
01[10:06] {@Threei}  1:1  
01[10:07] {@Threei}  1:2  
[10:07] {ese} In this day and age it's mind boggling/stunning  that Putin can be this stupid.......
01[10:07] {@Threei}  stupid?
01[10:08] {@Threei}  you are kidding me
[10:08] {nemo} wtf
[10:08] {nemo} ese he's brilliant
01[10:08] {@Threei}  he gets all he wants, the rest stands and watches
[10:08] {nemo} he knows exactly what he's doing
01[10:08] {@Threei}  who is stupid?
01[10:09] {@Threei}  let me tell you what the plan is and what is going to happen
[10:09] {nemo} Crimea might be part of Ukrane but it has Looooong been attached to Russia...
[10:09] {ese} of course he's stupid.......people are gonna die
01[10:09] {@Threei}  like he cares
01[10:09] {@Threei}  1. Crimea is gone, it's Russian land now
[10:09] {ese} i guess
[10:09] {dino} har smr l .34
[10:09] {nemo} 1 person's death a tragedy, 20 million, merely a statistic
01[10:10] {@Threei}  2. Craftily staged provocations will launch similar demands for Russian protection in numver of major cities,
[10:10] {nemo} No F'n way Putin is giving up that sub base
01[10:10] {@Threei}  like Kharkiv, Donetsk, Lugansk, Odessa etc
01[10:11] {@Threei}  3. In those cities, and most of Ukraine, huge divide leads to internal war
01[10:11] {@Threei}  blood and dead people everywhere,
01[10:11] {@Threei}  and here comes part 4:
[10:12] {dino} stop har -.34
01[10:12] {@Threei}  world horrified of this asks the only force capable of stopping to intrude
01[10:12] {@Threei}  guess what this force is?
[10:12] {ese} stopped kmx .83 -.19
[10:12] {ese} canadian armed forces
01[10:12] {@Threei}  haha
01[10:12] {@Threei}  all 3 of them?
01[10:12] {@Threei}  that's frikin Russia
01[10:13] {@Threei}  this came Putin all of a sudden will become world's hope for restoration of peace
01[10:13] {@Threei}  this same
01[10:13] {@Threei}  just watch how it plays out
01[10:13] {@Threei}  He plays chess, all these folks barely learned how to put checkers on the board
[10:14] {ese} just sayin.........he's stupid
01[10:14] {@Threei}  they did nothing to stop him Georgia, and a year after incursion world returned to cooperation and trade with Russia, as if nothing happened
[10:14] {dino} i agree w/ya 3i. putin can only gain
01[10:15] {@Threei}  same will happen here
01[10:15] {@Threei}  no oner has appetite for any meaningful action, and none will come
01[10:15] {@Threei}  he knows it perfectly well, and does whatever he wants to assert his influence in the region
[10:16] {dino} bet ukrainians are missing dubya now
01[10:16] {@Threei}  if that's stupid, well...
01[10:16] {@Threei}  find a name for those who do nothing to stop him then
01[10:17] {@Threei}  Ukraine will be lucky to lose only Crimea
01[10:17] {@Threei}  if Putin dcides he wants Eastern Ukraine, there is nothing to stop him
01[10:17] {@Threei}  watching FB for bounce
[10:18] {fish_49} Yellow?
[10:19] {fish_49} lol
[10:19] {dino} z smr l /75
[10:20] {nemo} adbe
01[10:21] {@Threei}  wanted it from under 67...
01[10:21] {@Threei}  .10 looked too obvious, was high chance of a trap
[10:23] {thomcbell} gdx trying here 
01[10:27] {@Threei} Short Setup: EBAY  .90 break
01[10:27] {@Threei}  If holds  58 
[10:27] {nemo} illya Kuryakin...you must be a bit older
[10:28] {nemo} Saw you on CSI
01[10:29] {@Threei}  Invalidated  
01[10:29] {@Threei}  still watching though
[10:29] {__illyakuryakin} 66
01[10:30] {@Threei}  no clear setup, but it becomes a staple trader
[10:30] {nemo} where's your buddy Napoleon?
[10:30] {__illyakuryakin} they got him...
01[10:30] {@Threei}  lol
[10:30] {nemo} yeah, making him do law firm commercials these days
[10:31] {__illyakuryakin} sometimes i miss the commercials...haven't checked
[10:32] {nemo} can't say I go out of my way to watch TV
01[10:32] {@Threei}  how do you miss commercials?? that's all I watch
01[10:32] {@Threei}  otherwise how do I know what to buy
[10:32] {fish_49} lol
[10:33] {nemo} Vad it's simple...vodka
01[10:33] {@Threei}  yes but there are so many kinds...
[10:33] {__illyakuryakin} I'll have a slivovitz please
01[10:33] {@Threei}  TV tells me
[10:33] {nemo} one of each
[10:34] {nemo} slivovitz...oy brings back memories of drunken skiing in Oesterreich
01[10:34] {@Threei}  I bow to information gods manifesting their wishes via TV
01[10:34] {@Threei}  and goddesses
01[10:37] {@Threei} Long Setup:  FB  .50 break hl
01[10:37] {@Threei}  If holds  .40 
[10:39] {nemo} algo remarkably unpopulated and divided equally among strong and weak stocks
01[10:40] {@Threei}  1:1  
[10:40] {fish_49} ty
01[10:41] {@Threei}  yw
[10:42] {nemo} hey Illya, ever drink Spyritus
[10:42] {nemo} ?
[10:43] {nemo} I see the Oscars went politically correct last night
01[10:45] {@Threei}  where is Raven today
01[10:45] {@Threei}  I thought storm missed him
01[10:45] {@Threei}  1:2  FB 
[10:45] {fish_49} what part of the world is he from?
[10:45] {nemo} mid west
01[10:46] {@Threei}  Michigan if I remember correct
[10:47] {fish_49} ahh That is where I grew up
[10:47] {nemo} nothing getting above vwap indexes look short
[10:47] {goinshort} so did I
[10:47] {nemo} you mean where you were raised right fish?
01[10:47] {@Threei}  might be mistaken though, there is this German guy who prevents me from remembering things
[10:47] {fish_49} yea  lived there on lake erie as a guppy
[10:48] {nemo} grew up would be a real stretch
01[10:48] {@Threei}  what's his name...
01[10:48] {@Threei}  oh, Alzheimer
[10:49] {goinshort} lol
[10:49] {fish_49} you need Ginko  Vad
01[10:49] {@Threei}  is there a commercial for that?
[10:49] {fish_49} I used  to take it  for memory until someone asked me what supplements I was taking  and I couldn't remember.  was wasting money on Ginko  so I quit taking it
[10:49] {RonS} lol
01[10:49] {@Threei}  hehe
[10:50] {fish_49} true story
[10:50] {thomcbell} funny stuff fish
[10:50] {nemo} don't sit down so much fish, take the pressure off your brain
01[10:50] {@Threei}  Please give me this medicine helping with greed... and give me more, more!
[10:50] {nemo} qcom might be bear flagging
[10:50] {fish_49} Toad  that is  so lame  how old is that joke?  like maybe 3rd grade?
[10:51] {nemo} there probably are no new jokes fish...everything is repackaged
[10:51] {fish_49} agree
[10:51] {fish_49} just a different spin
[10:51] {nemo} Plu ca change plu cest le meme chose
[10:51] {fish_49} 'btw  I never told you why my bro got fired from WMT
[10:52] {nemo} I'll leave it alone
[10:52] {fish_49} he was in a meeting with his new boss  and his new boss was telling the staff about herself  and she told them  she had 2 little girls that she adopted from China
[10:53] {__illyakuryakin} Too many flashing pop ups here...won't go away
[10:53] {fish_49} my brother said in a low voice to his friend  "She is so Walmart even her kids are made in china
[10:53] {fish_49} the boss overheard it
[10:53] {fish_49} fired later that day
[10:53] {dino} lol\
[10:53] {RonS} lol
[10:53] {nemo} brilliant
01[10:58] {@Threei}  wow FB
[10:59] {munky} took out .87 fb, ty
01[10:59] {@Threei}  yw
[11:00] {ese} L kmx .99
[11:00] {thomcbell} like the tight range here in etn 
[11:01] {nemo} algo is now 2:1 strong side
[11:07] {dino} drop
[11:11] {dino} fmx smr l .65
01[11:11] {@Threei} Long Setup:  EBAY  .15 break
01[11:11] {@Threei}  If holds  .10 
01[11:13] {@Threei}  meh
[11:16] {dino} nus blood
[11:20] {nemo} here's the other reason Russia will stomp Ukraine:  http://goo.gl/nXlhGi
[11:20] {thomcbell} holy bounce in NOW
01[11:21] {@Threei}  In television interviews, Mr. Kerry suggested to expel Russia from the G-8. Germany, however, publicly expressed opposition to expulsion
01[11:21] {@Threei}  lol
[11:22] {fish_49} Kerry just wants to wipe the egg from his face  He feels used without lube
01[11:22] {@Threei}  Putin's health is in real danger. He might not survive all the laughter at the West cacophony
01[11:24] {@Threei}  EBAY somg
[11:24] {nemo} easy on the fauna there Vad
[11:29] {nemo} Going dark soon..switching ISPs today
01[11:30] {@Threei}  going to use ukrainian one, as a manifest of solidarity?
[11:31] {nemo} is that u or ese asking?
01[11:31] {@Threei}  that's right... as McCain (stupidly) claimed, "we are all Ukrainians"
[11:32] {RonS} ...which means Putin has been screwing us too...
01[11:32] {@Threei}  hehe
01[11:34] {@Threei} Long Setup:  TZA  .15 break
01[11:34] {@Threei}  If holds  .10 
[11:35] {nemo} Europe closed
01[11:37] {@Threei}  forever?
[11:38] {nemo} bored, huh?
01[11:38] {@Threei}  wow... Putin moves faster than I thought he would
[11:42] {thomcbell} vz 47.15 long break if holding 47.05
[11:43] {ese} am outta here...still long kmx
01[11:44] {@Threei}  take care ese
[11:44] {nemo} need to send him to a re-education camp
01[11:44] {@Threei}  ilya... do you have mirc?
[11:45] {_illyakuryakin} I tried, but no
01[11:45] {@Threei}  ?
[11:45] {_illyakuryakin} wont unzio i guess...
[11:45] {_illyakuryakin} unzip
01[11:45] {@Threei}  it's very easy to set up with configurator you can download from our page
[11:45] {_illyakuryakin} i did
01[11:46] {@Threei}  won't have any of those flashing ads of mibbit
[11:46] {nemo} if you add privoxy, that will take out the ads too
[11:46] {fish_49} if no ads then how will he know what to buy?
01[11:47] {@Threei}  that's why I watch all the ads I can
[11:47] {fish_49} lol
01[11:47] {@Threei}  run into real problem once though
01[11:47] {@Threei}  one of the ads was for ad-blocking app
[11:47] {fish_49} lol
01[11:48] {@Threei}  I of course installed it (afdter all it was recommended by an ad, right?)
01[11:48] {@Threei}  and lost all the ads
[11:48] {fish_49} the ad that ended all ad's
01[11:48] {@Threei}  after a week in the dark, not knowing anything and with no means of navigating therough the world I had to sacrficie something
01[11:49] {@Threei}  lustration of the ad-blocker followed
01[11:49] {@Threei}  life is good again
[11:49] {_illyakuryakin} configurator?
01[11:50] {@Threei}  http://www.realitytrader.com/rtmc.zip
01[11:50] {@Threei}  install mirc, then download this one and run it
01[11:50] {@Threei}  it will configure your mirc for our room
[11:51] {nemo} I'm going dark...see you...yeah like I'm not darkalready
[11:51] {_illyakuryakin} I thot that was mirc
01[11:51] {@Threei}  no
[11:51] {_illyakuryakin} where's mirc?
01[11:52] {@Threei}  mirc is separate software, this is a program that makes mirc configuration easy... without it mirc can be daunting
01[11:52] {@Threei}  mirc.com
[11:52] {_illyakuryakin} duh
01[11:52] {@Threei}  :)
01[11:58] {@Threei} Short Setup: C  .70 break
01[11:58] {@Threei}  If holds  .80 
01[11:59] {@Threei}  dino, ron... watching YNDX?
[12:00] {dino} i am now
01[12:04] {@Threei}  stop to .76
01[12:04] {@Threei}  1:1  
[12:05] {fish_49} huh?
01[12:05] {@Threei}  ?
[12:06] {fish_49} didnt see print 1:1
01[12:06] {@Threei}  12:05 candle, hit .60
[12:06] {fish_49} yep  see it  now  
[12:07] {thomcbell} gdx 
[12:08] {RonS} Citigroup Inc. has received subpoenas from the Federal Deposit Insurance Corp. and the U.S. attorney's office for Massachusetts over the firm's disclosure of alleged fraud in its Mexican unit, the firm disclosed in an annual regulatory filings in Monday
01[12:09] {@Threei}  fraud?
01[12:09] {@Threei}  in C??
01[12:09] {@Threei}  in Mexico???
01[12:09] {@Threei}  nooooooo
[12:09] {dino} smr l yndx .05
[12:11] {thomcbell} syna 62.28 short break
[12:11] {thomcbell} if holding 62.40 
[12:14] {thomcbell} syna stopped 
[12:14] {thomcbell} vz 1:1
[12:14] {fish_49} out C on the trail  thanks 
01[12:14] {@Threei}  :)
[12:14] {goinshort} got C thanks
01[12:14] {@Threei}  on my god
01[12:15] {@Threei}  you know what this spike is on?
01[12:15] {@Threei}  (RU) Russia navy in the Black Sea reportedly have no intent on launching an assault on the Ukraine military
[12:15] {fish_49} putin promise?
01[12:15] {@Threei}  sigh
[12:15] {goinshort} see obama scared him
01[12:15] {@Threei}  yup
01[12:15] {@Threei}  he is shaking in his sandals
01[12:16] {@Threei}  absolutely meaningless line
01[12:16] {@Threei}  there is no need in any assault, they already have whole peninsula under control
[12:17] {fish_49} c worth re=entry short?
01[12:17] {@Threei}  if it forms setup
01[12:17] {@Threei}  trading idea without setup is like wedding without bride
[12:18] {fish_49} like watering a dead plant?
01[12:18] {@Threei}  see, while nemo is not here I can risk such analogies
[12:19] {fish_49} lol
01[12:19] {@Threei}  if he were, we would get an eaeful about what to do with bride at different stages of the ceremony
[12:21] {fish_49} oh thats why the room is nice  Nemo left
[12:21] {fish_49} he took bunny to Vet?
01[12:22] {@Threei} Long Setup:  CAT  .95 break
01[12:22] {@Threei}  If holds  .85 
01[12:23] {@Threei}  Invalidated  
[12:26] {dino} out z .35, +.60
[12:26] {RonS} wtg
[12:27] {dino} ty, took awhile
[12:47] {goinshort} wow just remembered who illya kuryakin was
[12:47] {goinshort} another brain cell aweakens!
01[12:47] {@Threei}  lol
01[12:48] {@Threei}  quick gs, pour some alcohol on it
[12:48] {RonS} cried Uncle, eh?
01[12:48] {@Threei}  :)
[12:48] {goinshort} lol
[12:49] {dino} out yndx .11, +.06 thing won't move
[12:49] {goinshort} russian born spy?  very interesting?
01[12:49] {@Threei}  alcohol is Darwin-inspired way to keep the brain efficient
01[12:49] {@Threei}  killing weak brain cells
01[12:49] {@Threei}  making sure only the fittest survive
[12:50] {thomcbell} vz 1:2
[12:50] {thomcbell} nice and boring
[12:50] {nathan} g. afternoon
01[12:51] {@Threei}  hey hathan
[12:52] {dino} slxp smr l .01 ave
01[12:53] {@Threei}  European Union leaders to meet for extraordinary summit on March 6 in Brussels to discuss situation in Ukraine
01[12:54] {@Threei}  march 6? to have enough time for Putin to supply vodka for the meeting I guess
[12:54] {dino} vhc spike
[12:55] {RonS} was on halt...careful
[12:55] {dino} it will be over for ukraine by march 6
01[12:55] {@Threei}  yup
01[12:56] {@Threei}  VHC Discloses awarded an ongoing royalty of 0.98% in case against Apple - filing
01[12:56] {@Threei}  (UR) Ukraine is said to be looking for a €3B amount in its first loan payment from IMF, to receive loan within 10-40 days - press
01[12:57] {@Threei}  as far as Crimea is concerned, it's already over
[12:57] {_illyakuryakin} by standown?
01[12:58] {@Threei}  all they need to do now to legitimize it, is to stage referendum which will rubber-stamp Crimea becoming part of Russia
01[12:58] {@Threei}  which is going to be done within a month or two
01[12:59] {@Threei}  that's all, world can whine all they want
[13:00] {_illyakuryakin} wine i say
01[13:00] {@Threei}  when whining doesn't help... wining is the only remaining option
01[13:00] {@Threei}  or vodkaing as the case may be
[13:01] {_illyakuryakin} yea...too weak
[13:01] {_illyakuryakin} wine too week
01[13:01] {@Threei}  friking CAT
01[13:01] {@Threei}  got away
[13:02] {munky} i hate cats lol
[13:10] {RonS} sm l lulu .45
[13:11] {thomcbell} gdx 26.42 short break if holding 26.50
01[13:12] {@Threei}  nemo brought the light
01[13:17] {@Threei}  YNDX waited for you to bail out, dino
01[13:18] {@Threei}  dirty rotten scoundrel
[13:18] {RonS} ...and don't look Z...
[13:19] {dino} yeah, i see that. take look at qiwi, russian stock too
01[13:20] {@Threei}  Q: The safest city in Ukraine right now?
01[13:20] {@Threei}  A: Chernobyl
[13:20] {thomcbell} hah
[13:21] {dino} true
01[13:22] {@Threei}  5 million russian-speaking in Germany petitioned Putin to protect them from oppression. They are being made to speak German and work.
[13:22] {RonS} lol
[13:22] {dino} bring on the troops
01[13:23] {@Threei}  let's try to use CAT's tendency to fail breakouts at this time of the day
01[13:24] {@Threei}  let it break .20, short on recross if stays under .30
[13:25] {nemo} what news precipitated this bottom
01[13:25] {@Threei}  idiotic line
01[13:25] {@Threei}  [12:15] {@Threei} (RU) Russia navy in the Black Sea reportedly have no intent on launching an assault on the Ukraine military
[13:26] {nemo} basically perfect gap bounce on spy and IWM
01[13:26] {@Threei} Short Setup: CAT  .20 break
[13:26] {nemo} too frickin' convenient
01[13:26] {@Threei}  If holds  .30 
01[13:26] {@Threei}  let's do hl
01[13:30] {@Threei}  1:1  
01[13:31] {@Threei}  DKTK setup in its glory
[13:31] {thomcbell} covering gdx flatish here
[13:31] {RonS} epam Putin on the bris...
[13:31] {thomcbell} gld held
[13:32] {RonS} in the 3i tradition of patting self on back...thinking that was my best yet...
[13:33] {thomcbell} VZ 1:3
01[13:33] {@Threei}  fair warning Ron... patting oneself on the back comes with many dislocated joints
01[13:33] {@Threei}  ask me how I know
[13:33] {thomcbell} if anyone took it i would take the trade
[13:33] {RonS} am in CO dislocated joints everywhere...
01[13:33] {@Threei}  nice one thom
[13:34] {thomcbell} tu
[13:34] {RonS} skiing and mary jane...
01[13:34] {@Threei}  mary jane?
01[13:34] {@Threei}  is it local variation of bloody mary?
[13:34] {RonS} marijuana...
01[13:34] {@Threei}  ah
[13:38] {RonS} nus hung
[13:41] {dino} rai spike
[13:41] {nathan} watching MO
[13:42] {RonS} LO too
[13:42] {RonS} Putin must be smoking...
[13:42] {nathan} lol
[13:43] {RonS} Rumor has it that $RAI is in talks to acquire $LO, hence $LO's massive pop on the day
[13:45] {dino} rai smr s .64 wide
[13:49] {dino} cov rai .24, +.40
[13:49] {dino} peix spike
[13:53] {munky} any thoughts here? is mkt gonna crash into close or rebound to flat/green?
[13:53] {munky} nemo???
[13:53] {dino} my bet, sit about right here
[13:57] {dino} hmmm, going up
01[13:57] {@Threei}  any headline can change anything in a blink of eye
01[13:59] {@Threei}  (UR) Poland Foreign Minister: NATO will meet tomorrow to discuss aggression in Ukraine, meeting is to be held under Article IV of the NATO treaty
[13:59] {dino} poland probably a bit worried
01[13:59] {@Threei}  more than a bit
01[13:59] {@Threei}  all the countries of the former socialist block are
01[14:00] {@Threei}  memories are fresh
[14:01] {fish_49} how many are there?  and how many will assist Ukraine?
01[14:02] {@Threei}  no one will assist Ukraine
01[14:02] {@Threei}  in any military sense at least
01[14:02] {@Threei}  everyone will condemn
[14:03] {nathan} so many economic interests
[14:03] {fish_49} do yu have a pony in the race Vad?
01[14:03] {@Threei}  nope
01[14:03] {@Threei}  other than friends over there
[14:03] {fish_49} no family over there?
[14:03] {fish_49} ok
[14:03] {fish_49} in Ukraine or Russia?
01[14:03] {@Threei}  Ukraine
[14:04] {fish_49} ok I pick the side of Ukraine then  for the sake of your friends
01[14:04] {@Threei}  lol
[14:04] {fish_49} But I must admit  I kinda liked the way Putin Put Obummer in his place  lol
[14:04] {fish_49} am I bad for thinking that way?
01[14:05] {@Threei}  no, I can separate "right/wrong" from "smart/stupid"
01[14:05] {@Threei}  Putin is evil, but brilliant
[14:05] {goinshort} obummer will take credit somehow
[14:07] {munky} putin is ex-kgb correct?
01[14:07] {@Threei}  yup
[14:08] {dino} well i really bailed too soon on rai, about 2 bucks too soon
[14:09] {dino} obummer will simply say "it's not my fault" and blame bush
01[14:11] {@Threei}  well, it is bush's fault
01[14:11] {@Threei}  let me think how
01[14:11] {@Threei}  oh, what the hell, it just is
[14:14] {dino} if russia can do this without any resistance, whats to keep china out of taiwan. no fear of obummer standing firm
01[14:15] {@Threei}  Syria opened the door to this intrusion
01[14:15] {@Threei}  this oen will open the next
[14:15] {fish_49} yep  
[14:15] {dino} agreed
01[14:15] {@Threei}  price of doing nothing...
[14:15] {_illyakuryakin} Time to make peace Barry
[14:15] {RonS} taiwan will fight...
[14:15] {dino} you know n.korea and iran are loving this
[14:15] {_illyakuryakin} like Syria
[14:15] {fish_49} Putin saved Obama in Syria
[14:16] {RonS} saved?  he rolled him...
[14:16] {dino} yes
[14:17] {RonS} out lulu .85 +.40
[14:17] {dino} gj
[14:25] {fish_49} http://s1332.photobucket.com/user/bkhmd/media/1970394_10152028085132971_228444044_n_zps2c4901c9.jpg.html
[14:29] {dino} out slxp .77, +.76
[14:29] {RonS} gj
[14:30] {dino} ty
[14:30] {nathan} nice
01[14:33] {@Threei}  President Obama says Russia is 'on the wrong side of history' on Ukraine; says actions violate international law
01[14:33] {@Threei}  Putin, blushing: Ah, you are just saying that...
01[14:36] {@Threei} Long Setup:  LO  .80 break hl
01[14:36] {@Threei}  If holds  .70 
01[14:37] {@Threei}  1:1  
01[14:40] {@Threei}  Lavrov: Kerry's statements are unacceptable cliches of the Cold War times
01[14:40] {@Threei}  lol
01[14:40] {@Threei}  turning the tables on checkers' players
[14:41] {_illyakuryakin} poker
[14:41] {_illyakuryakin} vs chess
01[14:42] {@Threei}  1:2  
01[14:43] {@Threei}  1:3  
01[14:43] {@Threei}  my a$$ is out
01[14:44] {@Threei}  1:4
01[14:44] {@Threei}  Kerry? poker?
01[14:44] {@Threei}  tic tac toe
[14:45] {_illyakuryakin} yes, i bet
[14:45] {fish_49} more like Hangman
[14:45] {_illyakuryakin} bluff artest
01[14:45] {@Threei}  1:5...
[14:46] {fish_49} half out
01[14:46] {@Threei}  really?
[14:46] {fish_49} lol
[14:46] {fish_49} nooooo
01[14:46] {@Threei}  1:6
[14:46] {munky} out .31 and .41 ty
01[14:46] {@Threei}  YW
[14:46] {fish_49} I was in the garage  for a secoind  didn't see the call until 1:2
01[14:46] {@Threei}  classic BMR setup
[14:47] {fish_49} Bounce ?  ?
[14:47] {fish_49} Bounce ? Rally
[14:47] {fish_49} DBR  Drop base Rally is what I see  lol
[14:48] {fish_49} nice push up on the indexes
01[14:49] {@Threei}  look at BMR configuration
01[14:49] {@Threei}  compare with 1 min LO at the moment of the call
01[14:49] {@Threei}  1:10
[14:49] {munky} LO is gettin crazy
[14:49] {RonS} LO rdy
[14:49] {munky} could go nuts
01[14:49] {@Threei}  lol ron
[14:49] {fish_49} Base ? Rally?
01[14:49] {@Threei}  could go nuts?
[14:49] {fish_49} what is the M
01[14:50] {@Threei}  that reminds me a sign I saw in the middle of the road to Hana
01[14:50] {@Threei}  "curves ahead"
01[14:50] {@Threei}  really?? what the hell was that up to this point??
[14:50] {RonS} lol...worst drive have ever taken...
01[14:51] {@Threei}  fish... open the 111 Trades, look it up, will ya? :)
[14:51] {fish_49} ok sure I will
01[14:51] {@Threei}  bounce with mini-ranger setip
01[14:51] {@Threei}  range
01[14:51] {@Threei}  in Reversal chapter
01[14:52] {@Threei}  but spectacular as few others, eg Ron?
[14:52] {RonS} at the end...black sand beach...
[14:52] {fish_49} I still see A RBR set up
01[14:53] {@Threei}  yup... one of the most majestic beches I've seen
[14:53] {fish_49} where is that?
[14:53] {RonS} Maui
01[14:53] {@Threei}  road to hana, Maui
[14:54] {fish_49} ahhh  Never been there
[14:55] {fish_49} diid  honeymoon at Waikiki in 85  at the Big Surf inn
[14:55] {fish_49} lol
[15:10] {munky} fb pullls back
01[15:11] {@Threei}  EBAY too
[15:12] {fish_49} dow pulled back 45 points  thats  why
01[15:18] {@Threei} Long Setup:  EBAY  .10 brak
01[15:18] {@Threei}  If holds  58 
01[15:25] {@Threei}  stop .04
[15:26] {fish_49} we hit 1:1
01[15:27] {@Threei}  didn't get any prints at .20... and I was a second late to alert half out at .19
[15:28] {fish_49} i got filled  half out at .19  (500 Shares)
01[15:28] {@Threei}  cool, wtg
[15:28] {_illyakuryakin} gee...way to invest :)
01[15:28] {@Threei}  I believe right spelling is "inwest"
[15:29] {nemo} moon is made out of cheese too
[15:29] {fish_49} blue Cheese?
[15:29] {nemo} Toe cheese
[15:30] {_illyakuryakin} its amazing where they find cheese
[15:30] {nemo} aliens put it there
01[15:30] {@Threei}  and someone moves it all the time
[15:30] {nathan} thanks very much 
[15:30] {nathan} GN
01[15:30] {@Threei}  take care nathan
[15:30] {fish_49} you ever read the book Who Moved my Cheese?
01[15:31] {@Threei}  that's what I allude above
01[15:31] {@Threei}  1:1  
[15:31] {fish_49} you know what you call cheese that is not yours to move?
[15:31] {fish_49} Nacho Cheese
01[15:31] {@Threei}  Putin's cheese?
[15:32] {fish_49} nacho  not yo  notcho  nacho
[15:32] {fish_49} its  ok to laugh it was funny
01[15:32] {@Threei}  stop .09
01[15:35] {@Threei}  this is the guy I know and had some dealings with, although more with his closest partner: http://www.kyivpost.com/content/ukraine/billionaire-kolomoisky-takes-over-in-dnipropetrovsk-oblast-criticizing-putin-and-yanukovych-338261.html
[15:36] {fish_49} Brave Man
01[15:37] {@Threei}  I can't for the worls of me figure out why he took this job
01[15:37] {@Threei}  he llives in Switzerland for 10 years
01[15:37] {@Threei}  has Israelu citizenship
[15:38] {dino} bored perhaps
01[15:38] {@Threei}  well, he owns a lot of things in Ukraine
01[15:38] {@Threei}  maybe that camer under the threat of losing
[15:39] {_illyakuryakin} oh geez my firewall is blocking this guy...
01[15:39] {@Threei}  with fortune of 2-3B, you mostly have that in properties
[15:39] {fish_49} hard stop and hard profit in place  gotta use cr
01[15:40] {@Threei}  still, hnis closest partner, my classsmate, does nothing of sorts
01[15:40] {@Threei}  remains behind the curtains
[15:41] {fish_49} the iron curtains?
[15:41] {fish_49} lol
[15:41] {_illyakuryakin} digital
[15:42] {dino} "iron bars do not a prison make...but they sure do help" bugs bunny
[15:42] {RonS} i wanna shoot nemo's wabbit...elmer fudd
[15:42] {dino} lol
[15:43] {nemo} mmmhhhh....
[15:43] {fish_49} Beeep Beeep
[15:44] {nemo} ya' know...that could push me right over the edge
[15:44] {fish_49} again?
[15:44] {RonS} lol
[15:44] {nemo} I have an asshole brother that threatened the rabbit
[15:44] {dino} i have a couple of those
[15:44] {nemo} his head left a dent in the wall
[15:45] {nemo} yeah, I ascribe to the Cain and Abel school of family
[15:45] {RonS} epam spanked hard...
[15:45] {dino} lxft too
[15:47] {thomcbell} epam on earnings
[15:47] {RonS} naw, they came out and said the Ukraine thing could really screw them...
[15:48] {dino} yndx lots of exposure there too
[15:48] {dino} opps, lxft i mean
[15:48] {RonS} "material adverse condition"
01[15:48] {@Threei}  EPAM Systems Comments on Ukraine: The situation in the Ukraine is rapidly developing. Continuing to monitor, adjust our contingency plans and respond to developments; no impact yet on operations - filing- We have delivery centers in the Ukraine employing approximately 2,600 engineers, none of which are located in Crimea which is the area of reported military activity. We also have delivery centers in Russia, employing approximately 1,300 personnel located in various cities including Moscow and St. Petersburg. - At present we have not experienced any interruption in our office infrastructure, utility supply or Internet connectivity. All EPAM offices remain open and fully functional, including those we use in the Ukraine and Russia to support our clients. - We continue to monitor the situation closely. Our contingency plans include relocating work or personnel to other locations and adding new locations, as appropriate.
[15:48] {thomcbell} oh wow
[15:53] {_illyakuryakin} conciousness will prevail 
01[15:54] {@Threei}  over what?
[15:54] {_illyakuryakin} fanaticism
01[15:56] {@Threei}  it never did before, why start now
[15:56] {fish_49} oh my need to get out of Ebay  look the time
[15:56] {dino} out fmx .58 -.07, not in the mood to hold overnight
01[15:56] {@Threei}  2 min more
01[15:56] {@Threei}  hoping for last spike
[15:56] {_illyakuryakin} the day is young
01[15:56] {@Threei}  hehe
01[15:56] {@Threei}  youngish
[15:57] {_illyakuryakin} fleeting
[15:58] {fish_49} out here  thanks Vad
01[15:58] {@Threei}  ok, out EBAY into this strength
01[15:58] {@Threei}  thank you all, have a good evening
01[15:58] {@Threei}  see you tomorrow
[15:58] {fish_49} gn all
[15:58] {dino} gn all
[15:58] {munky} out ebay .26
[15:58] {munky} ty
[15:58] {dino} gj
[15:59] {goinshort} gn all

Friday, February 28, 2014

Market Week Wrap-up

TradeTheNews.com  Weekly Market UpdateMarkets Shrug Off Frigid Data and Unraveling Ukraine


Stocks moved sideways early in the week as they consolidated before testing all-time highs. The S&P500 made three runs up to all-time intraday highs on the first three days of the week but closed lower, and finally closed at all-time highs of 1854 on Thursday. The debate on whether or not US growth is flagging rages on: Fourth-quarter US GDP was revised lower, while January durable goods orders were not too bad, with the non-defense, non-transport figures defying expectations for a decline to rise slightly. Retailers offered dismal quarterly numbers but their stocks saw solid gains as traders waxed optimistic about the possibility of strong spring sales (in defiance of generally poor guidance numbers). The events in Ukraine have provided a very dramatic backdrop to trading, culminating with a fresh crisis as Russia appears to be working hard to hold onto Crimea. After peaking around $5.20, the hot air came out of natural gas futures and the contract exited the week around $4.60, in part due to the front month contract roll-over. Meanwhile crude has been rock solid in the $102 handle. The Friday afternoon equity selloff was blamed on month-end pension rebalancing and another flare up in Crimea. For the week, the DJIA rose 1.4%, the S&P500 gained 1.3%, while the Nasdaq added 1%.

In an ironic twist, Fed Chair Yellen talked on Thursday about the economic impact of severe winter weather during Senate testimony that had been delayed by severe winter weather. Yellen said it was as yet unclear to what degree the weather has disrupted the economy but was quite precise on the drag imposed by Congress's fiscal policies, which she said have subtracted 1.5% from growth. Yellen also made it pretty clear that the 6.5% unemployment threshold has been de-emphasized as a key threshold for the economy, but was vague on the indicators the FOMC would be considering moving forward. While other Fed speakers offered supportive commentary that left little doubt that the taper would continue unchanged, there was more uncertainty regarding on how to untangle communications challenges on forward guidance as the Fed considers shifting back to more qualitative guidance.

- On Friday, Fourth-quarter US GDP was revised lower in the second reading to +2.4% from the +3.2% advance reading published a month ago. Analysts see weak consumer spending in the final quarter of 2013 behind the revision lower; the personal consumption component was revised down to +2.6% from +3.3%. After the data, Fed Governor Bullard said the outlook remains pretty favorable for 2014 even if GDP was revised lower, with second half of 2013 GDP still around +3%.

- Just weeks after the FCC's 'net neutrality' rules were struck down, Netflix agreed to pay Comcast for a direct connection to its internet service customers. The terms of the deal were not disclosed, but it appears that Comcast will connect directly with Netflix - which will mean that CDNs like Level 3 and Limelight Networks will no longer be getting the same fees from Netflix. Verizon said it was working on a very similar deal with Netflix, while there were rumors AT&T has already reached a deal.

- The 2014 Mobile World Congress 2014 took place in Barcelona this week. Nokia unveiled an Android-based smartphone priced at $129 and also unveiled another bare bones smartphone that sells for $67. Ford dropped Microsoft in exchange for BlackBerry to run its Sync in-car communications and entertainment system. Deutsche Telekom said it was developing a secure voice and text app in the wake of the Snowden affair and the Facebook/WhatsApp deal.

- Shares of Tesla gained another 20% this week after the company disclosed that it was massively expanding its battery manufacturing plans with Panasonic. The two companies have agreed to invest up to $5 billion in a plant, "the gigafactory," with a capacity amounting to 30 gigawatts worth of lithium ion batteries a year by 2020. That's enough for 500K vehicles, more than total global production in 2013. Tesla offered $2B in convertible notes this week to fund the venture.



- A long list of major retailers reported fourth quarter results and the numbers were very mixed. With few exceptions, revenue and earnings declined and comps were negative. Macys eked out positive comps while Best Buy saw a big y/y improvement in profits, compared to its formerly collapsing numbers. Target and Kohls had very poor results, while corporate downer Sears Holdings' numbers were epically poor. Late in the week reports suggested Sears may also have been the victim of a data breach like the one that hit Target. Revenue and sales comps held up surprisingly well at Home Depot and Loews, given weakness in housing and tough y/y comps from Sandy last year. Abercrombie & Fitch delivered a surprising EPS beat, Gap was middling and TJX was pretty poor. JC Penny managed to report its first positive sales comp since the second quarter of 2011 and saw a big recovery in margins. Investors looked past the bad news to the possibility of a strong spring selling season after a hard winter and shares of nearly all major retailers saw solid gains on the week.

- Toll Brothers' headline numbers in its first quarter were not terrible, with earnings above expectations and revenue up very strongly on a y/y basis. However the firm's metrics reflected the housing market slowdown seen in data over recent months: orders fell 6%, the first decline in nearly three years. Additionally, Toll trimmed its FY14 homes outlook slightly and said severe winter weather was holding back sales.

- The euro stayed pretty steady for the first half of the week, until the German government failed to sell a full allotment of 30-year bunds Wednesday morning. This was the second uncovered auction in a week after a German 10-year auction was technically uncovered last week. While the declining demand for fixed income instruments is not a new story, the uncovered auction weakened the euro and sent EUR/USD down to 1.3660. The pair broke lower to 1.3640 on Thursday after German state February CPI inflation figures came in pretty weak. Better Eurozone February CPI on Friday sent EUR/USD out to fresh YTD highs, above 1.3800.

- The Chinese Yuan continues to weaken in a dramatic fashion. On Monday USD/CNY hit 6.11 and by Friday the pair had briefly seen 6.17, a ten-month high. Friday also saw the biggest one-day decline in the pair since Spring 2007 after Chinese regulator SAFE said the moves in the currency were not extreme but were normal, confirming suspicions that Beijing was happy to see the currency move lower. The emerging consensus is that the government is weakening the yuan in order to deter capital inflows and crack up the carry trade. Friday night will see the release of Chinese manufacturing PMI data that will give traders something to chew on over the weekend.




Feb 28 2014

Positive day ends a week consisting of 5 positive trading sessions. Nice streak to have. Got market reversal right and made a few nice shorts, including two on FB, some bounces on FB and EBAY, etc. EBAY has become quite nice trading vehicle lately.


Session Time: Fri Feb 28 00:00:00 2014
[08:23] {dino} gm
[08:34] {fish_49} gm Dino
[08:34] {fish_49} I just grabbed the NQ  short 3699
[08:35] {fish_49} the news was not terrible  but not good  futures  have not moved significantly yet
[08:41] {dino} bit distracted
01[08:44] {@Threei}  morning guys
[08:44] {fish_49} morning
[08:57] {nemo} GDP revised down...crickets...must be the weather...can you say "bull market"?
01[08:59] {@Threei}  well... there is always taper of taper to taper the fear
[08:59] {nemo} hurts just reading that sentence
01[09:00] {@Threei}  sorry
[09:03] {dptl} morning all
[09:06] {RonS} gm everyone...chi pmi 9:42 est...
01[09:06] {@Threei}  dp, ron :)
[09:06] {nemo} we're going higher
[09:07] {fish_49} maybe so Nemo Toad
[09:07] {fish_49} I'm getting ready to get stopped out on the NQ trade
[09:08] {nemo} you short?
[09:08] {fish_49} yea 
[09:08] {fish_49} small risk  in front of the news  my loss will be small
[09:09] {nemo} which is more than we can say regarding your prescence here
[09:09] {fish_49} thanks for recognizing
[09:17] {munky} morning
01[09:17] {@Threei}  munky :)
[09:19] {mojo1} morning
01[09:19] {@Threei}  mojo :)
[09:19] {nemo} looks like it's gonna' be a slow day
[09:20] {dino} summer friday
[09:20] {dino} :)
[09:20] {darekj} gm all
01[09:20] {@Threei}  dino, darek :)
[09:20] {dino} another 12" predicted for sunday night into monday here
[09:20] {dino} of snow
01[09:20] {@Threei}  oh boy
[09:21] {RonS} BREAKING: Citigroup cuts 2013 earnings after finding fraud at Mexico unit
[09:21] {fish_49} glad I didn't sell the snow blower yet
01[09:22] {@Threei}  fraud? in bank? in Mexico? nooooooooo,,,
[09:22] {nemo} we're getting another storm Sunday night
[09:22] {dino} must be one hell of a fraud to knock c down
[09:28] {nemo} not by much...it'll be right back up
[09:28] {nemo} bull market
01[09:28] {@Threei}  C frmed .20 - .30 range
[09:29] {dino} crm, mdvn, kbr, cgen
01[09:29] {@Threei}  couple min in this range, and open break setup will be in play
01[09:30] {@Threei} Long Setup:  C  .30 break
01[09:30] {@Threei}  If holds  .20 
01[09:32] {@Threei}  Invalidated  
01[09:35] {@Threei} Short Setup: EBAY  .85 break
01[09:35] {@Threei}  If holds  .95 
[09:36] {nemo} dino deck
01[09:36] {@Threei}  1:1  
[09:36] {munky} man i missed it 
[09:36] {munky} and fingrer on trigg
[09:36] {nathan} i missed too
01[09:36] {@Threei}  1:2  
[09:36] {fish_49} got half my l;ot
[09:37] {dino} cgen smr l .45
01[09:37] {@Threei}  1:3  
01[09:37] {@Threei}  get out fish
[09:37] {fish_49} out in full
[09:37] {RonS} cgen secondary announced...no price...
[09:37] {fish_49} never had chance to partial
[09:38] {munky} it was .87 and i had fing on trigg and blew passed me
[09:39] {darekj} ty Vad
[09:40] {dino} crm smr l .60
01[09:40] {@Threei}  darek :)
01[09:41] {@Threei} Long Setup:  EBAY  .55 break
01[09:41] {@Threei}  If holds  .45 
01[09:42] {@Threei}  no go
[09:43] {fish_49} sitting on hands until news comes out
[09:44] {nemo} bad will be blamed on the weather...don't worry about it
01[09:45] {@Threei}  *(US) FEB CHICAGO PURCHASING MANAGER: 59.8 V 56.4E
[09:45] {nemo} good news
01[09:45] {@Threei}  mostly, yes
01[09:46] {@Threei}  new orders down a little
[09:46] {fish_49} MI Sent?
01[09:46] {@Threei}  and orders backlog
[09:46] {nemo} bad news is bought so this will be in the bought category
[09:50] {dino} crm wall .00, keeps getting rejected
01[09:51] {@Threei} Long Setup:  FB  .55 break
01[09:51] {@Threei}  If holds  .45 
01[09:54] {@Threei}  come on... 1 cent to 1:1?
01[09:54] {@Threei}  stop to .49
01[09:55] {@Threei}  *(US) FEB FINAL UNIVERSITY OF MICHIGAN CONFIDENCE: 81.6 V 81.2E V
[09:55] {nemo} the lumpens have spoken
01[09:57] {@Threei}  C is positive
01[09:58] {@Threei}  out
01[10:00] {@Threei}  *(US) JAN PENDING HOME SALES M/M: 0.1% V 1.8%E; Y/Y: -9.1% V -10.8%E
01[10:03] {@Threei} Long Setup:  GM  .25 break
01[10:04] {@Threei}  If holds  .15 
01[10:05] {@Threei}  let's change it to .20 break, if holds .10
01[10:14] {@Threei} Long Setup:  P  .12 break
01[10:14] {@Threei}  If holds  .02 
[10:14] {nemo} P on red side of algo
[10:17] {fish_49} GM on their Union Lunch Break?
01[10:17] {@Threei}  no kidding
[10:18] {nemo} said the retired club Fed employee
01[10:18] {@Threei}  let's trail it to .14
01[10:21] {@Threei}  P is valid
[10:24] {thomcbell} gm
01[10:24] {@Threei}  thom :)
01[10:24] {@Threei}  ok GM... you are our last hope
01[10:24] {@Threei}  (lord help us)
[10:25] {fish_49} lol
[10:27] {fish_49} out half
01[10:29] {@Threei}  hard to believe eh?
[10:29] {fish_49} If it gets to 1:3  b4  dinner  I will start paying Union Dues
01[10:29] {@Threei}  lol
[10:30] {fish_49} out here on the trail
01[10:30] {@Threei}  btw guys, so I don't forget to impart this nugget of wisdom you may need for the weekend
01[10:30] {@Threei}  Psycologists say hugging 8 people a day lifts your mood significantly. Alterantively, hitting just one in the nose gives statistically equal result.
[10:31] {fish_49} hahahahahahaha
[10:31] {thomcbell} splk my good ness
01[10:31] {@Threei}  fish, how do you trail them?
01[10:31] {@Threei}  trailing stop is .19 now
01[10:31] {@Threei}  and it was never hit
[10:32] {fish_49} .21 in this case
[10:33] {fish_49} it's not how I normally trail
[10:33] {fish_49} I usually look for the recent low of a bounce and 1 tick under that
[10:33] {fish_49} in this case actually I would have trailed to .15
[10:33] {fish_49} but  I wanted out
[10:35] {fish_49} I didn't say I was 100% cured of my fear issue..  I said  it's getting much better
[10:35] {fish_49} lol
01[10:37] {@Threei}  watching EBAY for reversal up
[10:38] {fish_49} around .65 area?
01[10:39] {@Threei}  just need to form a setup
[10:39] {fish_49} or perhaps down near .25
[10:40] {fish_49} coffee time  hold the set up
[10:41] {dino} chaos here today, too many distractions
06[10:41] * @Threei hands dino AK-47 to deal with distractions quickly and effectively
[10:42] {fish_49} sorry Dino  I will shhhhhh
[10:43] {thomcbell} c 0.65 short break vad}
[10:43] {dino} no, i mean at my house, contractors, delivery guys, wron color fixtures, etc
01[10:43] {@Threei}  looks right although I'd prefer .70
[10:45] {dino} alny drop
[10:48] {fish_49} when you say you prefer .70  you mean long 
[10:48] {RonS} rvlt l .19
01[10:49] {@Threei} Long Setup:  EBAY.90  break
01[10:49] {@Threei}  If holds  .90 
01[10:49] {@Threei}  If holds  .80 
[10:52] {RonS} out rvlt flat...should have popped...
01[10:52] {@Threei}  1:1  
01[10:53] {@Threei}  did I wait enough for your coffee to arrive fish?
[10:53] {fish_49} yea  
[10:55] {fish_49} you asked earlier about my trails  I am trailing that  to .85  right now
01[10:57] {@Threei}  .89 here
[10:57] {munky} gm stopped correct?
[10:58] {fish_49} .99 trail now
[10:58] {dino} out ebay .11, +.19 ty vad
01[10:58] {@Threei}  yw
01[10:58] {@Threei}  1:2  
01[10:58] {@Threei}  balance srtopped on a trail after 1:1 partial out, yes
[10:58] {fish_49} out in full
[10:59] {fish_49} ty vad
[10:59] {thomcbell} swks 35.70 short break if holding 35.80 
01[10:59] {@Threei}  yw
01[10:59] {@Threei}  1:3  
01[10:59] {@Threei}  out
[11:00] {fish_49} that made up for a mistake I made this morning
01[11:05] {@Threei}  you mean that NQ short?
[11:05] {fish_49} no that was not a mistake  I was fine with that the risk was small
[11:06] {fish_49} you know  I always use hard stops
[11:06] {dino} ubnt drop smr l .98
[11:07] {fish_49} I was placing a hard stop and accidently doubled my position on a loser  
[11:07] {fish_49} Got out with the hot key but magnified my loss a bit
[11:07] {fish_49} I know you hate hard stops  But I will never give in  I will always use them
[11:11] {dino} i use them a lot fish
[11:11] {dino} except on gappers
[11:14] {mojo1} dino, ur gappers are like the grand canyon. lol
[11:16] {dino} out ubnt .38, +.40
[11:17] {dino} my edge mojo
[11:19] {RonS} mojo, dino sits on both sides bid/ask, and buys/sells to himself and makes money...Madoff taught him...
[11:20] {fish_49} lol
[11:20] {munky} lol
[11:25] {dino} lol ron, but seems to me you trade a lot of similar types
[11:26] {nemo} he's your groupie
[11:26] {munky} i noticed ron trades similar to dino, but less amplifioed
[11:27] {munky} dino vacations grande canyon...ron niagra falls
01[11:28] {@Threei}  and I have this bamboo waterfall in my backyard, 3 ft high
[11:29] {fish_49} I'm sure to an insect, it seems like Niagra
01[11:30] {@Threei}  neighbor's cat has healthy respect for it
[11:34] {dino} ubnt drops again
01[11:35] {@Threei}  statement from new Ukraine PM that can be translated: I have no idea what I am doing
01[11:35] {@Threei}  Yatseniuk intends to heal Ukraine’s economy with Euro-integration, austerity and monetary stimulus
01[11:35] {@Threei}  austerity and monetary stimulus?
[11:36] {thomcbell} small long ubnt
[11:37] {thomcbell} target 50ish
[11:37] {dino} drna drop
[11:38] {thomcbell} small ibd'er shakeout on ubnt 
01[11:39] {@Threei}  watching FB for pullback entry
[11:40] {munky} watching ebay
[11:40] {munky} strong
[11:55] {munky} .
01[11:58] {@Threei} Short Setup: FB  69 break
01[11:58] {@Threei}  If holds  .10 
01[12:01] {@Threei}  no go
01[12:02] {@Threei}  somg... rinse
[12:02] {fish_49} FacelessBook
[12:06] {nemo} was there news on sbux today
01[12:09] {@Threei}  no
[12:10] {nemo} seller 71
01[12:10] {@Threei}  this reads like total farce:
01[12:10] {@Threei}  (UA) Sec of State Kerry: Russia Foreign Min Lavrov has indicated Russia has no intention of violating sovereignty of Ukraine - Follow up: Russia press reports indicate the the armed men in Crimea have now taken control of the runway of the Sevastopol airport (vs prior reports of simply patrolling the area) - Russia President Putin: Military escalation in Ukraine would be unacceptible
[12:15] {fish_49} what did Kerry get in return?
[12:15] {fish_49} I mean what did he give
01[12:16] {@Threei}  he didn't give or get anything
01[12:16] {@Threei}  they oplay him for a fool
01[12:16] {@Threei}  EBAY... let's see if we can play DKTK here
[12:17] {dino} chaos, wrong shower had handicap handles. they bring another wrong color. they bring yet  another, wring side drain. i need a drink 
01[12:17] {@Threei}  lol
01[12:17] {@Threei}  told you... AK-47
01[12:17] {@Threei}  you shoot one, suddenly they all do everything right
[12:18] {dino} trying to support the little business, but sheesh, this has now taken 2 months and still no shower
[12:18] {fish_49} Portuguese contractors?
[12:18] {fish_49} there is a large Portuguese population in that area  right?
[12:18] {dino} no
[12:18] {fish_49} wrong city
[12:18] {dino} irish, german, italian
01[12:21] {@Threei}  crap... needed just one more cent downtick for entry
[12:24] {thomcbell} cbl 17.76 long break if holding 17.70
[12:24] {dino} gnca drop
01[12:25] {@Threei}  dirty rotten scoundrel, FB
01[12:28] {@Threei} Short Setup: EBAY  .50 break
01[12:28] {@Threei}  If holds  .60 
[12:31] {RonS} sale closeout
01[12:31] {@Threei}  lol
01[12:31] {@Threei}  1:1  
[12:45] {fish_49} 1/4 out here
[12:45] {fish_49} my stop to .43
[12:48] {dino} cgen out flat
[12:48] {fish_49} trailing stop to .38
[12:51] {fish_49} out in full ty Vad
01[12:52] {@Threei}  yw
01[12:54] {@Threei}  Carnage in Ukraine, civil unrest in Venezuela … and now, more bad news. The New York Daily News recently rocked the world with a story suggesting a looming clown shortage.
[12:54] {fish_49} Nemo willi highDmad
[12:55] {nemo} weak
[12:55] {fish_49} Nemo will be in High Demand
01[12:55] {@Threei}  no worry I think... in 3 years current white house administration will be free
[12:55] {fish_49} lol
[12:55] {fish_49} good point Vad
[12:56] {munky} picture obama in clown suit
[12:56] {munky} red nose lol
[12:57] {fish_49} Anyone heard how Fast and Furious  Holder is doing?
01[13:03] {@Threei}  {Hillary} you stop that right now, I will re-hire them all. Where would I find that many new clowns?
[13:04] {fish_49} Democrtatic Convention?
01[13:05] {@Threei}  Crimea airport overtaken by armed men does not accept flights from Kyiv
01[13:07] {@Threei}  at this rate next week Crimea will be russian territory
[13:07] {fish_49} nahhh
[13:07] {fish_49} Putin made a Promise
01[13:07] {@Threei}  oh
[13:07] {fish_49} Scouts Honor
01[13:08] {@Threei}  scout's promise to clowns?
[13:08] {fish_49} u don't trust him?
[13:08] {fish_49} lol
[13:09] {dino} funny the only people obummer takes to task are businessmen
01[13:09] {@Threei}  he still can't believe they bought that promise
[13:09] {fish_49} you r coorect Dino
[13:09] {fish_49} correct
01[13:09] {@Threei}  there is an old russian joke, popular to cite describing this kind of situations (don't groan Ron)
01[13:10] {@Threei}  about a guy who returned from Vegas with huge winnings
01[13:10] {@Threei}  asked how he managed to pull that off he said:
01[13:10] {@Threei}  well, I sat down at the table to play 21,
[13:10] {fish_49} WB Nathan
01[13:11] {@Threei}  after third round of dealing, host said he had 21,
[13:11] {nathan} hey thanks ;-)
01[13:11] {@Threei}  I asked to show the cards,
01[13:11] {@Threei}  he said "huh? it's customary here to trust the word!"
[13:11] {nathan} i'm following nemos therapy fish_49
01[13:11] {@Threei}  Well, you wouldn't believe the lucky streak I hit afdter that
01[13:12] {@Threei}  yes ron, this is the end
[13:12] {fish_49} lol  Trust but Verify is what Ronnie said to the Russians
01[13:14] {@Threei}  he actually used old russian proverb
01[13:14] {@Threei}  and even pronounced it in russian
[13:16] {thomcbell} made a small sale here ubnt 49.90 
[13:16] {thomcbell} + 0.60 
[13:17] {thomcbell} they almost got me 
01[13:17] {@Threei}  wtg
[13:19] {dino} gj
[13:19] {thomcbell} out another bit 50.19 on ubnt 
[13:22] {thomcbell} out 50.20 ubnt 
[13:23] {mojo1} fb strong
[13:23] {dino} sina sm l .95
[13:27] {thomcbell} nemo - nice vwap exit on ubnt 
[13:28] {thomcbell} thanks for the tutelage 
[13:28] {nemo} cool
[13:32] {mojo1} hey vad put down the vodka and make a trade
06[13:33] * @Threei racks AK-47
[13:33] {mojo1} racks ar-10 
[13:34] {munky} nemo, u work in gunshop?
[13:34] {nemo} yep
[13:35] {fish_49} work and nemo are both 4 letter words
[13:35] {munky} quiz..whats diff betwween ar-10 and ar-15...i know, c if u do
[13:35] {nemo} so isn't fish
[13:35] {nemo} ar-10 is a .308 7.62X51
[13:35] {munky} final answer??
[13:35] {nemo} ar -15 is a .223/5.56 and are civilian models
[13:35] {fish_49} the difference is the pin that makes one 3 round burst instead of 1 round burst?
[13:36] {nemo} actually, the lower is more heavily reinforced in the class-3 models
[13:36] {munky} correct, but u can buy ar-10/308 also
[13:36] {nemo} yes, which is a civilian model
[13:37] {fish_49} both are single round burst right?
[13:37] {nemo} civilians always are, need class-3 to get select fire which comes in semi, select (three round) and automatic
[13:38] {fish_49} but the 15 is easily modified  to give 3 round burst?
[13:38] {nemo} relatively, more complicated than the ak
[13:38] {fish_49} ok
[13:38] {nemo} have to replace the sear
01[13:39] {@Threei}  I hear the sound of Pearce Morgan puking
[13:39] {nemo} as a civilian, I would prefer not to get caught...having said that, select, or automatic is overrated unless you're laying down suppression fire
[13:39] {fish_49} hey I did not follow him  what actually happened?
[13:40] {fish_49} Believe it or not I kinda liked him even though he was a liberal
01[13:40] {@Threei}  nothing really... his disgusting smugness and anti-gun crusade wore off, ratings fell dramatically, and CNN kills his program
[13:41] {fish_49} so now if they get rid of the 360 dude, they will have a program
01[13:41] {@Threei} Short Setup: FB  .90 break
[13:41] {fish_49} so it was ratings?  I heard rumors that he was anti american  and I find that hard to believe.  I guess at some point we all are...
01[13:41] {@Threei}  If holds  69 
[13:42] {RonS} are you a Brit fish?
[13:42] {fish_49} no  just liked his style for some reason
01[13:42] {@Threei}  1:1  
01[13:47] {@Threei}  1:2  
01[13:48] {@Threei}  1:3  
01[13:48] {@Threei}  out
[13:48] {nathan} nice one Vad
[13:49] {darekj} ty Vad
01[13:49] {@Threei}  :)
[13:50] {dino} aet
[13:50] {dino} hl s .58
[13:52] {RonS} Aetna Board authorized the company to repurchase up to an additional $1 Billion of its common stock AET  
[13:53] {nathan} Vad in FB trade how did you know you could go further than 1:1?
01[13:54] {@Threei}  you never "know"
01[13:54] {@Threei}  you just follow the procedure
01[13:54] {@Threei}  partial and trail
[13:54] {dino} cov aet .44, +.14
[13:55] {nathan} everytime i try to do it i screw up
[13:56] {nemo} when you enter set an order for 1:1
[13:56] {nemo} then set your stop price and wait
[13:56] {nemo} now, you either get 1:1 or hit out if stopped
[13:57] {nathan} that's what i usually do, but when i try to hold "some" time more... 
[13:57] {nathan} then it goes against 
[13:58] {nemo} don't understand your statement
[13:58] {fish_49} thats part of the game Nat
[13:58] {thomcbell} my goodness cbl 1:1 
[13:59] {fish_49} AET suprised me
[14:00] {fish_49} I didn't take the trade but was a good learning tool.. Thanks Dino  
[14:00] {nathan} nemo i usually set my 1:1 for all shares
[14:00] {nathan} but not when I try to go for more than 1:1
[14:01] {fish_49} Nat  99% of the time  we are going for more than 1:1
[14:01] {nathan} really?
[14:02] {dino} slxp smr l .56 all over the place
[14:02] {nathan} my 99% are 1:1 :-(
[14:02] {fish_49} Can I explain why you should not do that?  I learned  the hard way
[14:02] {nathan} yes please
[14:03] {nemo} we're not going for anything
[14:04] {nathan} what u mean nemo?
[14:04] {nemo} we take what comes
[14:04] {nemo} goal versus process
[14:04] {nemo} don't get emotionally invested in a goal
[14:05] {nemo} ADBE interesting here
[14:05] {nathan} I see
[14:05] {RonS} irbt broken
[14:05] {dino} isis drop irbt drop
[14:06] {munky} lord vader, keep 1 one on ebay
01[14:07] {@Threei}  I do
[14:08] {RonS} cldx selldex
[14:08] {munky} keep another on fb
[14:08] {munky} and your 3rd at ur own discretion
[14:08] {munky} and let go of my banana
06[14:08] * @Threei whispers hopefully: porn?
[14:09] {munky} roflol
[14:09] {fish_49} ok  Lets take xyz  short on the break of .50   where are you getting filled?  .48 maybe  or .49 at best.  Where is 1:1?  .40  we sell at .40 (1:1) where are you getting filled?  .39 perhaps?  if you want .40 you will need the bid  to hit .40 which means the ask at .41 at least.  so now do the math.  at best your getting 9 cents right.  a cent or 2 goes to comms and fees,  now you have 7 
[14:09] {fish_49} cents at best.  If your in a trade and get stopped out  your losing at least 9 cents  most likely 10 cents.  so do the math if your right 50% of the time you lose.  You need a few 1:3's  to make your account grow.
[14:09] {fish_49} thats for Nat
[14:09] {nathan} thanks a lot fish!!!!
[14:10] {fish_49} change your to you're
[14:10] {fish_49} b4 nemo has a fit
[14:10] {munky} and id hope we dont lose 50% of time,try to win 2/3 rds
01[14:10] {@Threei}  that's pretty much it - if you take 1:1s only, you have to have awfully high win/lose ratio, like 75-80% to stay profitable
01[14:12] {@Threei} Long Setup:  EBAY  .20 break
01[14:12] {@Threei}  If holds  .14 
01[14:14] {@Threei}  btw, these trades with tight stops help a lot. Their win/lose ratio is not big, they are close to 50/50... but they risk a few cents while win in those same large amounts
01[14:14] {@Threei}  5-6 cents stop, but the 1:1 is still most often near 10 cents
01[14:15] {@Threei}  which is not right from formal math point of view but that's how we manage the trade
[14:15] {munky} agree with that vad
[14:15] {munky} in ebay btw
01[14:16] {@Threei}  1:1  
01[14:16] {@Threei}  I wouldn't count on 1:3 on this one, btw
01[14:16] {@Threei}  SPY is heavy
01[14:17] {@Threei}  stop .19, and if breaks .30, I'd try to exit in full between .35 and .40
[14:17] {nathan} interesting.  in my case helps me to gain confidence
[14:17] {munky} theres a bidu bounce play comuing vad
[14:17] {munky} take a look
01[14:17] {@Threei}  BIDU is out of my risk tolerance
01[14:18] {@Threei}  15 cents spread
[14:18] {dino} sina stop .70 -.25
[14:18] {munky} k
[14:19] {nathan} thank u all very much for your ideas
[14:28] {munky} pole here
[14:28] {munky} chaquita or dole?
[14:28] {fish_49} what ever is on sale
[14:28] {thomcbell} sale bananas another ibd debacle 
[14:29] {dino} ibd?
[14:29] {thomcbell} when ibd stocks start to come off they can cascasde down 
[14:30] {dino} what does ibd stand for?
[14:30] {fish_49} Investor Business daily?
[14:31] {thomcbell} yes
[14:32] {thomcbell} that looked capitulative there dino what do u think?
[14:32] {dino} adhd drop
[14:33] {dino} could be but thing is way up last few weeks
[14:33] {thomcbell} i nibbled Sale at 39.75 
[14:33] {dino} gap around 35
[14:34] {dino} gj tbell
01[14:34] {@Threei} Short Setup: FB  .50 break
01[14:34] {@Threei}  If holds  .60 
[14:35] {fish_49} wow  no fill
01[14:36] {@Threei}  1:1  
[14:36] {fish_49} you get full lot Vad?  
01[14:36] {@Threei}  1:2  
01[14:36] {@Threei}  .49, yes
[14:36] {fish_49} my order was sitting there @ .48
[14:37] {fish_49} anyone else get filled?
[14:39] {munky} missed it
[14:39] {munky} break .50 been tough to catch
[14:39] {munky} .50 then boom .45
[14:40] {munky} and its best tradfe of day'
01[14:40] {@Threei}  paused for a second at .49
[14:40] {munky} if caught it
01[14:40] {@Threei}  comeon, previous FB short went for the same 1:3
01[14:40] {@Threei}  [13:41] {@Threei} Short Setup: FB .90 break
01[14:41] {@Threei}  one hour ago... and you don't remember it anymore?
[14:41] {fish_49} lol
[14:41] {munky} forgot that one lol
[14:41] {munky} took it tho
[14:41] {fish_49} Vad has Fill Priority
01[14:42] {@Threei}  1:3  
[14:42] {fish_49} Took all the shares
[14:42] {fish_49} but even so,  I had my limit set at .48  so I should have gotten some shares
01[14:42] {@Threei}  I am sure there was someone else, there was more than my 1K at .49
[14:43] {munky} anyone else in room catch it?
[14:44] {nathan} i could not
[14:44] {darekj} ty Vad
[14:45] {darekj} Yes at .47
01[14:46] {@Threei}  yw
01[14:46] {@Threei}  1:4...
[14:46] {fish_49} grrrrrrrrrrr
[14:46] {fish_49} my order was small I only trade 500 shares with FB
01[14:47] {@Threei}  The U.S. Secret Service is investigating a possible security breach at Sears Holdings Corporation, after a series of cyber attacks on retailers that have exposed the credit-card data of millions of U.S. consumers
01[14:48] {@Threei}  SHLD...
01[14:48] {@Threei}  1:5...
[14:49] {nathan} that hurts
[14:49] {nathan} :-)
[14:51] {dino} alxn vsm l .60 wide
[14:51] {nathan} have a nice weekend
[14:52] {nathan} thanks very much Vad & Team
01[14:52] {@Threei}  yw nathan
[14:55] {RonS} rgr shooting the bid
[14:57] {dino} kin drop
[14:58] {RonS} meli smelly
[14:59] {RonS} fuel burned
[14:59] {dino} lol
[15:00] {RonS} splk funk
01[15:01] {@Threei}  (UA) Ukraine acting president Turchinov notes that Russia has 'invaded' Crimea under the guise of a military exercise; Russia is trying to provoke a conflict and annex Crimea - briefing- Calls on Putin to call back Russia forces, claims 2K Russia soldiers have landed in Crimea in an 'armed invasion' -
[15:03] {RonS} outta here...have a good weekend everyone...
01[15:03] {@Threei}  take care ron
[15:04] {mojo1} markets almost red was up 100 today
[15:07] {dino} out alxn flat, damn had a buck
[15:09] {dino} 150 pt swing
01[15:18] {@Threei}  if EBAY dives under .50, will be interested in buying recross
01[15:21] {@Threei}  no chance
[15:31] {dino} isis smr l .80
[15:35] {dino} out isis .20, +.40
[15:36] {dino} rvbd spike
[15:37] {darekj} OK guys,today is my last day using trading room. I must take few, maybe more months brake from day trading.
01[15:37] {@Threei}  we will be here when you are back darek
[15:37] {darekj} Just want to thank you Vad and others for great teachings. It was pleasure to trade together with real professionals. Thank you once again.
01[15:37] {@Threei}  yw, hope you made some coin
[15:37] {goinshort} Take Care !!!
[15:37] {dino} gl darekj
[15:37] {fish_49} Take Care DJ
[15:37] {darekj} yes:)
[15:38] {darekj} see you fish
[15:39] {dino} rvbd smr s .25 break
[15:39] {goinshort} Can I have his parking space?
01[15:39] {@Threei}  lol
[15:40] {dino} cov rvbd .85, +.40
[15:40] {fish_49} that was some serious profit taking
[15:40] {fish_49} market dip was more than a dip   
[15:40] {fish_49} more like the big dipper
01[15:42] {@Threei}  lol
01[15:42] {@Threei}  I think we handled it well
01[15:42] {@Threei}  switched to shorts and bounces just in time and got a few nice ones
[15:42] {dino} made $ on it
[15:43] {fish_49} yea like the Friggin FB  short that went to the moon and back without me  lol
[15:43] {dino} momo's got hit hard
[15:43] {dino} bio's too
01[15:43] {@Threei}  did you get first oner?
[15:43] {fish_49} FB?
01[15:43] {@Threei}  yes
[15:43] {fish_49} no
01[15:43] {@Threei}  at .90
[15:43] {goinshort} cya monday !!!
01[15:43] {@Threei}  take care gs
[15:43] {fish_49} I have terrible luck with FB
[15:43] {fish_49} later GS
01[15:44] {@Threei}  why not, that one had no troubles with executuion at all
[15:45] {fish_49} no I don't recall what happened.. I just remember being frustrated for missing it
[15:45] {fish_49} Perhaps a phone call  I dont recall
01[15:51] {@Threei}  thank you all, have a great weekend
01[15:51] {@Threei}  see you monday
[15:51] {fish_49} take care all
[15:55] {dino} calling it a good week, thx all for ideas

Thursday, February 27, 2014

Feb 27 2014

Not very exciting but positive day - kind of "another day in the office." Not much happened so finding trades was a bit more challenging - but those we did find worked out.



Session Time: Thu Feb 27 00:00:00 2014
[03:02] {jman} hello
[08:49] {munky} morning
[08:49] {fish_49} gm
01[08:49] {@Threei}  morning munky, fish
[08:49] {nemo} http://goo.gl/Cu1KSo
[08:50] {fish_49} gm all
[08:54] {fish_49} thanks for sharing that Nemo
[08:59] {nemo} sure
[09:02] {dino} gm
01[09:02] {@Threei}  wow... Ukraine situation seriously deteriorated overnight
01[09:02] {@Threei}  dino :)
[09:02] {fish_49} In my humble opinion  you can see that with an ERC (Extended Range Candle)  the Algo thing is over rated...  The extended range candle to me indicates the public caught on to institutional buying or selling. The question is, Did people like Carl get all his shares before the public caught on and moved the price.  If he didn't  then we would expect a bounce at the base of the ERC
[09:03] {fish_49} when price returns
[09:04] {fish_49} you know me  I have to comment on everything  lol
[09:04] {nemo} http://goo.gl/EepziX
[09:06] {fish_49} I love Walmart for their  egregiously ruthless business plan
[09:06] {nemo} so says the retired club Fed employee
[09:09] {nemo} I have no problem with productivity, but unfortunately humans (and I use that term loosely) are not machines...which means they'll be replaced by machines soon
[09:09] {goinshort} gm all !
01[09:09] {@Threei}  gs :)
[09:10] {nemo} can you guys take these niceties to dcc
[09:10] {nemo} I almost wretch on my keyboard
01[09:10] {@Threei}  isn't that a long standing dream of many utopists nemo?
01[09:10] {@Threei}  machines work
01[09:10] {@Threei}  humans are freed from labor,
01[09:10] {@Threei}  fly freely,
01[09:10] {@Threei}  draw... sing...
[09:10] {nemo} what dream?
01[09:11] {@Threei}  dance
[09:11] {nemo} Oh no, freed, you get me wrong, I'm a DYStopian
01[09:11] {@Threei}  and all that crap
01[09:12] {@Threei}  we just need to maske suree that machine owners spread their wealth around
[09:12] {fish_49} take this stuff to DCC leave the discussions floor to insults as intended
[09:12] {fish_49} your the cousin of Alex  Vad?
01[09:12] {@Threei}  just getting with the program fish
01[09:13] {@Threei}  and guess whose program it is
[09:13] {fish_49} If I was able to reduce my workforce by 50% and give myself a competitive edge and put money in my pocket, I will do it
[09:14] {fish_49} If the people dont like it, dont shop at my store and if the employees dont like it, go get and education and find a better job
[09:14] {darekj} gm all
01[09:14] {@Threei}  darek :)
[09:14] {nemo} spoken like a true federal retiree
[09:14] {nemo} anyway:  http://goo.gl/dfSBEY
[09:14] {nemo} there's another Jeff Gordon prank video about him taking a car for a testdrive
[09:15] {nemo} hilarious
01[09:15] {@Threei}  btw, remember yesterday's threat by Kerry?
[09:15] {nemo} Fish, here's the problem  84% of the population is of average or less than average intelligence...simple, inarguable bell curve distribution
01[09:15] {@Threei}  it turned out unexpectedly effective,
[09:16] {nemo} Unfortunately, they are arguably still human
[09:16] {nemo} Les being the exception of course
[09:16] {nemo} They cannot really do better
[09:16] {nemo} and unfortunately they continue to breed
01[09:16] {@Threei}  it rendered Putin incapable of any action for a day as he suffered sdevere bout of hysterical laughter
[09:16] {nemo} So the question becomes, how do you treat them
[09:17] {fish_49} if they can't do better than accept it and work at walmart and shut up  thats my take.
[09:17] {fish_49} if I were a smarter person and spent the money to attend Med school, I could be a brain surgeon
[09:17] {fish_49} since I didn't  I hae to accept my position in life
[09:17] {nemo} Ahh, so we treat them like machines, or beasts of burden
[09:17] {nemo} that's what they deserve
[09:18] {fish_49} nope  not at all
[09:18] {nemo} You have to accept the limitations of your life
[09:18] {fish_49} thats the job they deserve
01[09:18] {@Threei}  nemo, worse yet - they constitute significant part of purchasing power, so replacing them with machines and not giving them anything in return creates self-defeating system
[09:18] {nemo} ahhh
[09:18] {fish_49} why should I give them more money per hour  when I can find plenty of people to work for the wages I am offering?
[09:18] {nemo} Yes, but it's coming Vad...that's why they tell there employees to sign up for transfer payments from the government
[09:19] {fish_49} Yes Vad  Henry Ford Proved that.
[09:19] {nemo} Fish, I understand what you are saying...I've been studying these issues for 30 years
[09:19] {nemo} You do pay for it Fish, through your taxes
[09:19] {fish_49} there really is no solving it
[09:19] {fish_49} I just hate the Walmart Bashers
01[09:19] {@Threei}  nope, we are doomed
01[09:20] {@Threei}  well, not all of us and not at once
[09:20] {nemo} Because your Walmart products are so cheap, your taxes have to be high enough to pay for the foodstamps, Section 8 housing, and healthcare they can't afford at their jobs
[09:20] {fish_49} so lets pay them more so the cost of goods will increase and diminish our buying power?
[09:21] {fish_49} it's a never endless game
[09:21] {nemo} you missed it fish, you're paying for it anyway
[09:21] {nemo} actually more
[09:21] {fish_49} lets pay the Taco Bell workers 17 bucks an hour
[09:21] {fish_49} I dont have  to pay for it
[09:21] {nemo} think about the bureaucracies that would not be necessary to administer all those transfer payments?
[09:21] {fish_49} the democrats decided  that  for me
[09:21] {nemo} Bullshit
[09:21] {fish_49} stop paying the bennies  and see how many people go find work
[09:22] {fish_49} if Immigrants  can make it  why cant they?
[09:22] {nemo} You're not seeing the larger system...I have this discussion with my "liberal" friends all the time
[09:23] {dino} ctrx working on gap fills, next one 44 dec
[09:23] {nemo} They address problems, but don't solve them..and then we find ourselves in Toquevillian Hell
[09:23] {fish_49} I don't mind being called a friend  But I have never been called a Liberal
[09:23] {fish_49} lol
[09:23] {fish_49} ok  later conversation
[09:23] {fish_49} I let you win this one
[09:23] {nemo} Well, you were about to be checkmated
[09:24] {fish_49} I need to make fresh Walmart Coffee before the bell
[09:27] {nemo} Walmart Coffee...sure it's not manure?
[09:28] {fish_49} lol  Later  remind  me  I have a true funny story as to why Walmart fired my elder brother
[09:29] {nemo} oh gawd...I'll refrain
[09:29] {fish_49} manufacturing numbers  gooood
[09:29] {fish_49} jobs  not so good  not  so terrible
[09:29] {nemo} blame it on the weather
[09:30] {fish_49} yep  not walmart
01[09:31] {@Threei} Short Setup: EBAY  .50 break hl
01[09:31] {@Threei}  If holds  .60
01[09:31] {@Threei}  Invalidated
[09:32] {nemo} resistance at .58
[09:32] {nemo} 58
01[09:33] {@Threei} Short Setup: EBAY  .80 break hl
01[09:33] {@Threei}  If holds  .90
01[09:34] {@Threei}  Invalidated
[09:34] {munky} look at fb, crazyt
[09:35] {dino} ocn, asps more blood
01[09:35] {@Threei} Long Setup:  C  .10 break
01[09:36] {@Threei}  If holds  .05
01[09:40] {@Threei}  EBAY looks like another spike coming
[09:40] {thomcbell} cbl 18.01 long break if holding 17.90
01[09:40] {@Threei}  if takes 58
01[09:41] {@Threei} Long Setup:  EBAY  58 break hl
01[09:42] {@Threei}  If holds  .85
01[09:42] {@Threei}  stop to .89
01[09:43] {@Threei}  thought it woudl move faster after the break
01[09:43] {@Threei}  SPY pullback is slowing it down
01[09:44] {@Threei}  meh C
01[09:44] {@Threei}  1:1  EBAY
01[09:46] {@Threei}  1:2
[09:46] {fish_49} darn I didnt get in
01[09:46] {@Threei}  why?
[09:47] {fish_49} Was in the C trade  I only want to be in 1 trade at a time  for now
[09:47] {mojo1} 1:2
[09:47] {munky} stopped c .05, out ebay 1:2
[09:47] {munky} ty
01[09:48] {@Threei}  yw
[09:48] {munky} that could hurt u fish
[09:48] {munky} murphys law, the 1 u in loses
[09:48] {munky} tghe others not in u win
[09:49] {fish_49} ok I opened another montage  I will give it a shot next time
01[09:49] {@Threei}  Murphy - the most hated man in human history
01[09:49] {@Threei}  responsible for so many spoiled pieces of toast with butter
[09:50] {fish_49} Parkay
[09:50] {munky} news fb
[09:50] {munky} ??
[09:50] {munky} very jittery
01[09:51] {@Threei}  nothing fresh
01[09:51] {@Threei}  Reminder: Fed Chair Yellen to testify before US Senate Banking panel at 10:00ET- The testimony was postponed from its original Feb 13th date due to bad weather in Washington DC. - Yellen has had more data to observe since her House panel testimony two weeks ago, much of it disappointing, but attributatble to severe weather. Nonetheless, Fed-watcher Hilsenrath this morning suggests that Yellen is unlikely to change her economic outlook, as the Fed will need to see more convincing evidence that it should be revised.
01[09:53] {@Threei}  watching IWM for long from under .90
01[09:53] {@Threei}  and MCD
[09:55] {dino} fms smr l .00 hooker
[09:56] {RonS} wac sm l 24.50
[09:57] {dino} out fmx .40, +.40
[09:57] {RonS} gj
[09:57] {munky} if rest of room shorted fms 1k shares, we double its volume he he
01[09:57] {@Threei} Long Setup:  MCD  95 break
01[09:57] {@Threei}  If holds  .90
[09:58] {dino} ty
01[09:59] {@Threei}  1:1
01[09:59] {@Threei}  IWM got away
[10:01] {thomcbell} cbl 1:1
[10:04] {nemo} RIG really weak
[10:06] {munky} news rig??
[10:07] {RonS} earnings
[10:07] {RonS} ute rate sucked
01[10:07] {@Threei}  yesterday after close
[10:07] {munky} out mcd 1:2, ty
01[10:07] {@Threei}  RIG Reports Q4 $0.73 v $0.72e, R$2.33B v $2.36Be- Total rig utilization 75% v 83% q/q
[10:07] {fish_49} that small bounce was off a gap fill
01[10:09] {@Threei} Long Setup:  TZA  .75 break
01[10:09] {@Threei}  If holds  .70
[10:10] {thomcbell} rig looks like a 41.62 short break here
[10:10] {thomcbell} half lot
01[10:10] {@Threei}  market feels breakdownish
01[10:10] {@Threei}  and crashish
[10:10] {nemo} weak tdc rig cam pru slb hfc eog kor cvx jpm
[10:11] {nemo} strong aapl x adbe now nem slw aem gdx
[10:11] {dino} mkt drop
[10:12] {nemo} .44 low on rig careful here
[10:12] {thomcbell} 1:1
[10:13] {nemo} keep your finger on the trigger with rig
01[10:14] {@Threei}  half out TZA
[10:14] {fish_49} same here
01[10:14] {@Threei}  STOP .74
[10:15] {dino} data smr l .25 hoooker
01[10:15] {@Threei}  ok SPY, let's panic
01[10:15] {@Threei}  lose .40 and die
[10:15] {munky} ok, caught half out .85
01[10:16] {@Threei}  took triple size on TZA
[10:16] {dino} out data .95, +.70
[10:16] {munky} wish u mentioned that
01[10:16] {@Threei}  tight stop, thick stock...
[10:16] {nemo} look at daily volume tza munk
01[10:17] {@Threei}  standard risk control procedure
01[10:17] {@Threei}  (UA) Russia Govt notes current Ukraine Govt includes extremists and is not one of national unity
[10:20] {munky} looking
[10:21] {nemo} yeah, you can stack the T&S on tza to the moon and back on a daily basis
[10:21] {mojo1} ? TZA volume is almost 3 mill.. not that big of volume as compared to iwm 7 mill.  trying to learn of why u took triple size.
01[10:22] {@Threei}  look at the range and ease of execution
[10:22] {nemo} 60 day average is about 11.5 million
[10:22] {mojo1} ok thank you
01[10:22] {@Threei}  IWM can move 10 vents in a blink of eye sometimes
01[10:22] {@Threei}  TZA moves much smoother
[10:22] {mojo1} gotcha
[10:23] {nemo} yeah, like warm mollasses
[10:23] {nemo} molasses
01[10:23] {@Threei}  you can get a fill of 3-5K on TZA easy without any slippage
[10:24] {fish_49} you bought 25K shares that is why I got filled at .77  lol
[10:24] {dino} pega sm l .15 ave
01[10:26] {@Threei}  Arseny Yatseniuk, Ukraine's newly installed prime minister, has claimed that $70bn has gone missing from the public's balance sheets after the government of ousted President Viktor Yanukovich hid the cash away in offshore bank accounts.
01[10:27] {@Threei}  1 month of Fed largesse...
[10:27] {dino} shocking
01[10:29] {@Threei}  (US) Fed's Yellen: There is no conflict right now between the Fed's two mandates of seeking low inflation and full employment - Q&A
[10:30] {RonS} wow...really?
01[10:30] {@Threei} Long Setup:  WMT  .26 break
01[10:30] {@Threei}  If holds  .20
01[10:34] {@Threei} Short Setup: FB  .80 break hl
01[10:34] {@Threei}  If holds  .90
01[10:37] {@Threei}  Invalidated  FB
[10:38] {dino} bdbd spike
[10:39] {RonS} out wac 25.39 +.89
01[10:39] {@Threei}  wtg
[10:39] {dino} gj
[10:43] {thomcbell} if anyone did the cbl boredome trade im using a 18.09 stop on remaining shares
[10:44] {thomcbell} bored to tears
[10:44] {nemo} and I just thought you were married
01[10:48] {@Threei}  Winnipeg experiences the coldest winter in 35 years
[10:48] {fish_49} must be Global Warming
01[10:48] {@Threei}  how glad I am not to share this experience with them...
01[10:48] {@Threei}  -30C right now
[10:49] {fish_49} nasty
[10:49] {dino} 9 f here
[10:49] {dino} penn spike
[10:52] {dino} penn sm s .60
[10:54] {mojo1} newbie here dino,  how many shares is sm
[10:55] {dino} cov penn .20, +.40
[10:56] {RonS} gj
[10:56] {dino} ty
[10:59] {dino} mojo, for me sm = 400, smr = 300
[10:59] {mojo1} gotcha
[10:59] {mojo1} ty
[10:59] {dino} np, gl
01[11:00] {@Threei}  happy news guys. NASA discovered 700 new planets, at least 4 of which are habitable
01[11:00] {@Threei}  we might still have the spare exit from idiocy
[11:01] {mojo1} i wonder if they're killing each other like we are
01[11:02] {@Threei}  if not, just wait till we get there
[11:03] {nemo} Let's take up a collection to send Les to one
[11:03] {munky} wonder if any of those habital planets grow bananas?
01[11:03] {@Threei}  lol
01[11:04] {@Threei} Long Setup:  FB  .90 break hl
01[11:04] {@Threei}  If holds  .80
[11:04] {fish_49} 4 of which are habitable?
01[11:06] {@Threei}  ok FB, you know we took you for 70 break, right?
01[11:06] {@Threei}  move your butt
01[11:10] {@Threei}  wrong way you idiot
01[11:10] {@Threei}  grrr
[11:11] {fish_49} small lot no harm done
01[11:11] {@Threei}  yeah but it looked very promising for 70 break and explosion
[11:11] {fish_49} as long as the next 10 trades are 1:4's
01[11:11] {@Threei}  yes sir
01[11:11] {@Threei}  coming right up sir
[11:15] {goinshort} 1:2 C long + out
[11:15] {munky} i like mcd long vad, any read?
01[11:16] {@Threei}  not really
01[11:16] {@Threei}  way too narrow
[11:18] {RonS} wday a beast
[11:19] {mojo1} ?TZA long
[11:19] {dino} out pega .98, +.83
[11:21] {fish_49} JPM set up for a scalp  2 sided
[11:21] {mojo1} wtg dino
[11:21] {RonS} gj...could not get comfortable with that one...
[11:23] {dino} ty, understand, tough to get out of
[11:24] {dino} was waiting at 42.15 forever, said f' it took .98
[11:28] {fish_49} JPM looks short .60 break
01[11:30] {@Threei}  MCD, the mode I look at it the more it looks like short to me
[11:32] {fish_49} .88 break with .97 stop?
01[11:32] {@Threei}  yup
[11:39] {dino} lamr spike, misses and guides down
[11:41] {RonS} dang, was looking anik a.m., never pulled trigger...
[11:42] {RonS} could my prayers be answered?  Attorney General Eric Holder taken to a Washington, DC, hospital after experiencing chest pains, Justice Department official says
[11:43] {dino} bid spike
[11:45] {RonS} Third Point are to nominate members to board of Sotheby's $BID, according to sources
[11:48] {RonS} qcor could get fast...
[11:50] {nemo} sina puked
[11:52] {RonS} 50k ebay Mar 62.50/65 call spread bot...
[11:54] {fish_49} Die French Fries Die
[11:57] {RonS} With judge's order, same-sex marriage now legally recognized in Kentucky  (says twins should be able to do what they want?)
01[11:58] {@Threei}  bitcoin/us dollar Fed Chair Yellen: Fed has no authority to supervise or regulate bitcoin; would be wise for Congress to take a closer look at bitcoin- Bitcoin is a payment innovation that is taking place entirely outside of the banking industry, so the Fed has no authority to supervise or regulate Bitcoin
[12:00] {mojo1} dino sclped .10 sh lamr ty
[12:01] {fish_49} Since when did the Fed pass on a chance to regulate something?  So there is Hope?
01[12:02] {@Threei}  maybe it was a choice between regulating botcoin pr same-sex marriage for them, and they chose more saucy one
[12:02] {dino} gj mojo
[12:02] {fish_49} lolYelen won the battle?  so Holder in Hospital with hert problem?
[12:03] {fish_49} heart
[12:03] {dino} was waiting near hod to short it, never vwent back
[12:05] {fish_49} my MCD  trade not looking good
[12:05] {fish_49} ohhhhh  shaping up
01[12:06] {@Threei}  bobs up and down with SPY
01[12:06] {@Threei}  we need decisive range break... othrwise the day stays narrow and boring
[12:06] {fish_49} yea  I was thinking  at 11:30  it had such small volume  what would it be like at lunch time  Dead?
01[12:07] {@Threei}  who knows
01[12:12] {@Threei}  Hagel warns Russia on Ukraine miscalculation amid Crimea unrest
[12:12] {nemo} as Putin gets the strapon ready for Obama
01[12:12] {@Threei}  between Kerry and Hagel, Putin might not survvive these bouts of hysterical laughter... it this their plan?
[12:12] {fish_49} or else what?  he will go to congress and ask for some money to buy bullets?
[12:13] {nemo} rax going into the gap
[12:16] {RonS} gogo about to...
01[12:16] {@Threei}  MCD 1:1
[12:17] {fish_49} out  it  took 3 clicks  lol
[12:17] {fish_49} TY Vad
[12:17] {fish_49} or whoever gave us MCD
01[12:17] {@Threei}  yw
01[12:18] {@Threei}  Richard and Maurice McDonald did
01[12:20] {@Threei}  sigh... I miss will
01[12:30] {@Threei}  1:2
[12:33] {nemo} lvs bid
[12:34] {nemo} pulled the bid
[12:35] {dino} fonr spike
[12:39] {dino} panw drop
[12:45] {munky} bidu news?
[12:45] {dino} nlnk drop
01[12:49] {@Threei}  earnings yesterday
[12:49] {munky} ah
[12:57] {thomcbell} nice cup and handle on bx but vwap right above
[12:57] {thomcbell} might look to buy a quick pullback to 32.66 or so
[13:02] {munky} vad any read cat?
[13:03] {munky} thom, bx took off, nice read
01[13:03] {@Threei}  looks breakish
01[13:03] {@Threei}  .07 break
01[13:04] {@Threei}  with stop under 97
[13:05] {thomcbell} panw looks vulnerable
[13:05] {thomcbell} dont know whats happening here
01[13:05] {@Threei}  nah
01[13:06] {@Threei}  wrong time of the day for breaks
[13:06] {thomcbell} unless you are dang
01[13:06] {@Threei}  PANW:
01[13:06] {@Threei}  Palo Alto Networks The currently strong stock could take a hit from a complicated court case regarding patents - financial press (update)- Rival Juniper is currently pursuing patent claims against PANW and the trial started this week. Juniper claims that Palo Alto co-founder Nir Zuk, who worked at Juniper for about a year between 2004-2005 after Juniper acquired NetScreen (where Zuk was CTO), used some of its technology in Palo Alto's products.
[13:07] {thomcbell} gotcha
[13:07] {thomcbell} thanks
[13:11] {dino} sina sm l .01
01[13:15] {@Threei} Long Setup:  P  .75 break
01[13:15] {@Threei}  If holds  .70
[13:18] {thomcbell} dang very impressive
[13:18] {nemo} mmmhhhhh...Ron didn't pick up on that
01[13:19] {@Threei}  meh P
[13:19] {RonS} hot dang?
[13:19] {nemo} something like that
[13:19] {nemo} or Dang Impressive!
[13:21] {thomcbell} bx
[13:21] {thomcbell} come on
[13:21] {thomcbell} trade what you see not what you think - boo
[13:22] {nemo} unfortunately because of how we think, we don't always see
01[13:23] {@Threei}  my version: unfortunately because we think, we don't always see
[13:23] {nemo} what verse was "The Senses"?  11 I think
[13:24] {nemo} ebay
[13:24] {munky} i think i saw something
01[13:24] {@Threei}  lol
01[13:25] {@Threei}  I just had a thought... and it hurt like hell
[13:25] {nemo} stand up, take the pressure of your brain
01[13:25] {@Threei}  how rude
01[13:25] {@Threei}  and here I thought you were a delicate wall flower
[13:25] {nemo} pot meet kettle
01[13:26] {@Threei}  and was planning to flatten that wall
[13:26] {nathan} hi all
01[13:26] {@Threei}  hey nathan
[13:27] {nathan} LLY
[13:27] {nemo} so, we're supposed to get bombed with snow again starting Sunday night
[13:28] {fish_49} yep
[13:29] {nathan} where do you live?
[13:29] {dino} yes
[13:29] {dino} double digit accumulation they are saying
[13:29] {dino} nat, n.e. pa
[13:34] {fish_49} Piss on P
[13:36] {dino} sina stop .96 -.05
[13:36] {nathan} would u consider euphoria o LLY that volume
01[13:37] {@Threei}  .50 break starts looking like short setup
[13:38] {munky} which stk?
01[13:38] {@Threei}  frikin CAT
01[13:38] {@Threei}  LLY
01[13:38] {@Threei}  answering nathan's q
[13:38] {nemo} boy did I just get croaked
[13:38] {fish_49} like a frog? or like a Toad?
[13:39] {nathan} thanks
[13:39] {nemo} short jumped Waaaay over my stop
[13:39] {fish_49} on?
[13:39] {dino} nathan, i wouldn't
[13:39] {nemo} FAS short
[13:40] {nemo} now give me mouse control
01[13:40] {@Threei}  1:1
[13:41] {nathan} 1:1 LLY
[13:41] {nathan} not that bad
[13:47] {nemo} http://goo.gl/NdVYMT
01[13:50] {@Threei}  boring day...
[13:50] {RonS} nemo hear that robinhood is goog backed...
01[13:51] {@Threei} Short Setup: GLD  .24 break
[13:51] {nemo} yep
01[13:51] {@Threei}  If holds  .30
01[13:53] {@Threei}  so how do they make money?
[13:54] {fish_49} charging other brokers for the API  is what I think it says
01[13:55] {@Threei}  here is real answer:
01[13:55] {@Threei}  through payment for order flow where stock exchanges pay the startup to bring its trading volume to their marketplaces.
01[13:56] {@Threei}  selling order flow always was harmful to traders practice that no day trader could ever accept
01[13:56] {@Threei}  long term investor, sure, he doesn't care about 10-15 cents difference in fill
01[13:59] {@Threei}  1:1
[14:00] {fish_49} gap fill likely?
01[14:02] {@Threei}  fish... stop this thinking nonsense, will ya
01[14:02] {@Threei}  1:2
01[14:02] {@Threei}  follow the procedure
01[14:02] {@Threei}  leave thinking to academics
[14:03] {fish_49} out here
[14:03] {fish_49} ty
[14:03] {dino} anfi sm l .11
[14:03] {munky} out .07 gld, ty vads
01[14:04] {@Threei}  yw
01[14:06] {@Threei}  out in full
01[14:06] {@Threei}  1:3 is close enough
[14:06] {darekj} ty Vad
[14:07] {fish_49} great call  only 9 more just like it
01[14:07] {@Threei}  yw
01[14:07] {@Threei}  do they all have to be today fish?
[14:08] {fish_49} I prefer b4 3:30  i hate trading into the close
01[14:08] {@Threei}  got it
[14:10] {munky} take it easy on him fish
[14:11] {munky} i only want 7 more today
01[14:11] {@Threei}  oh thank you, thank you
01[14:11] {@Threei}  this marine life is merciless
[14:17] {munky} munky no like water
01[14:21] {@Threei} Short Setup: EBAY  .50 break
01[14:21] {@Threei}  If holds  .60
01[14:23] {@Threei}  1:1
[14:29] {dino} out anfi .11 flat
[14:30] {dino} gotta hop, gn all, thx for ideas
01[14:30] {@Threei}  take care dino
01[14:30] {@Threei}  (now I am sure is not a brontosaur, those never hopped)
[14:31] {munky} lol
[14:31] {munky} out .35 btw, ty
01[14:31] {@Threei}  :)
01[14:32] {@Threei}  still thinking T-rex... that purple cute dino dog was a masquerade, to make us feel safe
01[14:41] {@Threei}  LLY... missed .45 short
02[14:44] * Disconnected
Session Close: Thu Feb 27 14:44:09 2014

Session Start: Thu Feb 27 14:44:09 2014
Session Ident: #discussions
02[14:45] * Attempting to rejoin channel #discussions
03[14:45] * Rejoined channel #discussions
02[14:45] * Disconnected
Session Close: Thu Feb 27 14:45:22 2014

Session Start: Thu Feb 27 14:45:22 2014
Session Ident: #discussions
02[14:48] * Attempting to rejoin channel #discussions
03[14:48] * Rejoined channel #discussions
01[14:49] {Threei}  what the deuce
[14:59] {nathan} well have a nice evening
[14:59] {nathan} thanks a lot
01[14:59] {Threei}  take care nathan
[14:59] {fish_49} laters  Nat
01[15:01] {Threei} Short Setup: LLY  .45 break
01[15:01] {Threei}  If holds  .50
01[15:03] {Threei}  meh
[15:05] {fish_49} 2 sided
[15:05] {fish_49} long side break of .52 with stop of .43
01[15:18] {Threei} Short Setup: FB  .10 break
01[15:18] {Threei}  If holds  .20
01[15:22] {Threei}  stop to .16
01[15:23] {Threei}  1:1
01[15:23] {Threei}  now break 69
01[15:23] {Threei}  and die
01[15:24] {Threei}  stop .11 now for the balance of course
01[15:25] {Threei}  out on a trail
01[15:31] {Threei} Short Setup: GDX  .95 break
01[15:31] {Threei}  If holds  .05
01[15:39] {Threei}  change to 26 break, same condition
01[15:41] {Threei}  Invalidated
[15:42] {fish_49} that was fun to watch and learn
[15:43] {fish_49} I was tempted to take it short agressively at .05 with an .07 stop  but the ask started getting chewed up fast
[15:43] {fish_49} oh  the clock
01[15:51] {Threei}  OK guys, not very exciting day, but positive
01[15:51] {Threei}  thank you all, have a great evening
[15:52] {fish_49} tc
01[15:52] {Threei}  see you tomorrow
[15:52] {darekj} gn