Wednesday, January 29, 2014

Jan 29 2014

Very strong day with many plays working like charm for nice large moves. FB, C, GLD, CAT performed admirably, both before and after FOMC.



Session Time: Wed Jan 29 00:00:00 2014
[08:09] {nemo} wow, can't short spy today or sso...short list getting, how can I say this.......short
[08:11] {Joebi_Wan} go lond sds?
[08:11] {Joebi_Wan} long
[08:11] {nemo} I understand, it's the range
[08:12] {nemo} I think there might be a problem with the shortable list at the moment.  Many stocks that were shortable yesterday, aren't today
[08:14] {nemo} think about not being able to short the SPY
[08:14] {nemo} although, I've noticed the other indexes getting harder to short
[08:28] {nemo} everything o.k. with the short list CC_7?
[08:47] {nemo} wow is the vix going
01[09:09] {@Threei}  yawn
01[09:09] {@Threei}  why are we dropping like there is gravity?
[09:09] {nemo} Plunge Promotion Team
01[09:10] {@Threei}  ah
01[09:10] {@Threei}  did they win fistfight with plunge protection one?
[09:10] {nemo} evil twin
[09:12] {thomcbell} fb might be long squeeze here at the open
[09:12] {thomcbell} 54.85 short setup as of now
[09:12] {dino} gm
01[09:12] {@Threei}  dino :)
01[09:12] {@Threei}  or .90 long, tbell
[09:15] {thomcbell} yes it will have multiple trades today with earnings out tonight
[09:25] {dino} .
01[09:27] {@Threei}  FB at the open will be too volatile most likely, going to let it calm down a little
[09:29] {dino} cvlt?
01[09:30] {@Threei}  earnings... conf call going
[09:30] {thomcbell} 1:7 vad
01[09:30] {@Threei}  CVLT Weakness attributed to conf call comments about margin concerns
[09:30] {Les} DIAA sm long .52
[09:31] {Les}  holding .40
01[09:32] {@Threei} Long Setup:  JPM  55 break
01[09:32] {@Threei}  If holds  .90
[09:33] {Les} 1:1 DIA
[09:33] {dino} cvlt sm l .95
01[09:34] {@Threei}  Invalidated
01[09:34] {@Threei}  valid again
[09:36] {Les} DIA 1:2 without me stop flat 2nd half
01[09:37] {@Threei} Long Setup:  FCX  .60 break
01[09:37] {@Threei}  If holds  .55
[09:37] {nemo} fb dieng
[09:37] {nemo} dieing
[09:38] {nemo} can't short fb or twtr
[09:38] {nemo} wow
[09:38] {nemo}  lotsa no shorts today
[09:39] {dino} 66.30 wall cvlt
[09:39] {dino} bam
01[09:39] {@Threei}  1:1
[09:39] {thomcbell} wow not borrowable? fb and twtr?
[09:40] {nemo} yeah, lots not borrowable today
[09:40] {nemo} no spy sso vxx
[09:40] {Les} nice flush from DIA on the retest of mondays low
[09:41] {nemo} if it's not a technical difficulty, that means not much around for cheap...SPY was tough to borrow last week
[09:42] {thomcbell} fb 53.81 long break
01[09:43] {@Threei}  1:2
[09:43] {thomcbell} fb 1:1
[09:44] {Les} ty tbell
01[09:45] {@Threei}  last 1/4 stop .75
01[09:45] {@Threei}  missed .89 exit
01[09:46] {@Threei}  nice FB
[09:46] {Les} fb dirty rinser only made scalp
[09:46] {thomcbell} dow looking for a long break here
[09:47] {thomcbell} fb 1:3
[09:47] {thomcbell} for a second
[09:50] {Joebi_Wan} gld short?
01[09:52] {@Threei}  122 break, if holds .10
01[09:52] {@Threei}  out last 1/4 FCX on a trail
[09:54] {thomcbell} fb 1:4
01[09:54] {@Threei}  GLD 1:1
01[09:54] {@Threei}  good spot joebi
01[09:54] {@Threei}  power is with you
[09:54] {Joebi_Wan} thanks
[09:54] {Joebi_Wan} lol
[09:54] {dino} c sm l .80
[09:55] {Joebi_Wan} the force, vad
01[09:55] {@Threei}  yes, sorry
01[09:55] {@Threei}  1:2
[09:55] {Les} missed it long DIA from .70 but also lost sound out of headphones for vad's callsneed to fix it
01[09:56] {@Threei}  sometimes movies that I first saw in russian I tend to translate back to english instead of remembering exact word used in original :)
01[09:58] {@Threei} Long Setup:  CAT  .55 break hl
[09:58] {Les} volatility's a bitch indexes shaking every effort
01[09:58] {@Threei}  If holds  .45
[10:02] {thomcbell} stop on fb to 53.99
01[10:02] {@Threei}  trail CAT to .49
01[10:02] {@Threei}  1:1
[10:03] {thomcbell} out fb
01[10:04] {@Threei}  1:2
01[10:05] {@Threei}  1:3
01[10:05] {@Threei}  out
[10:05] {Joebi_Wan} nice CAT
[10:05] {Les} holding CAT last piece ty
01[10:05] {@Threei}  most cats are
01[10:05] {@Threei}  yw
[10:06] {Les} out CAT .94 ty
[10:09] {nemo} wow Fed dead already
01[10:09] {@Threei}  :)
[10:09] {Les} ? Nemo
[10:10] {nemo} Fed day Les
[10:10] {Les} real fed or just notes release?
[10:10] {nemo} former
01[10:11] {@Threei}  real
[10:20] {Les} DIA back to support with bullish divergences 3 min. Not taking more risk here
[10:23] {dino} .
01[10:25] {@Threei} Long Setup:  GLD  .10 break
01[10:26] {@Threei}  If holds  122
01[10:27] {@Threei}  look who swam in
[10:28] {fish_49} lol  I see a bull trap and wanted to share it with the room
01[10:28] {@Threei}  hey fish
[10:28] {fish_49} Hello Vad
[10:28] {fish_49} I have a Buill trap and wanted to warn everyone
01[10:28] {@Threei}  FOMC day...
01[10:29] {@Threei}  anything's possible
[10:29] {fish_49} http://s1332.photobucket.com/user/bkhmd/media/bulltrap3_zps584785f5.jpg.html
[10:29] {fish_49} here is the bull trap  don't fall for it
01[10:29] {@Threei}  do they continue taper or do they put it on pause
01[10:29] {@Threei}  lol
[10:29] {Les} ouch fish
[10:29] {fish_49} cc you have email sir
[10:30] {dino} they should just shut up and do
[10:30] {fish_49} I agree Dino
01[10:30] {@Threei}  BBRY Ticking higher on chatter of an activist investor building a stake
[10:31] {Les} wasn't the Defence Dept. supposed to be saving BBRY last week?
[10:31] {dino} they denied order
[10:31] {thomcbell} twtr tempted to short this pullback up to resistance here
[10:32] {fish_49} as far as security goes, they have a superior product  and it runs on itself not on top of another platform.
[10:32] {fish_49} If they could just make it prettier  people would buy their products
[10:32] {fish_49} lol
[10:33] {Les} guessing support is still at zero then for BBRY
[10:33] {dino} 66.75 wall cvlt
[10:34] {thomcbell} rally i meant on twtr
[10:34] {dino} better worlds les, imo
01[10:35] {@Threei} Long Setup:  FB  .70 break
[10:35] {RonS} refiners going crazy over oil report and big earnings beats...
[10:36] {dino} natty gas up big too, boil/kold
01[10:36] {@Threei}  no go GLD
01[10:36] {@Threei}  1:1  FB
[10:37] {thomcbell} dow 44.90 short break
[10:40] {dino} db sm l .75
01[10:41] {@Threei}  1:2
[10:42] {thomcbell} beautiful Vad
[10:42] {Joebi_Wan} ty vad
01[10:42] {@Threei}  :)
01[10:42] {@Threei}  1:4
[10:43] {RonS} out cvlt 67.50 from 4.50  +3.00
[10:43] {Joebi_Wan} wow, nice
[10:44] {munky} munky faints
[10:44] {munky} falls out tree
[10:44] {Joebi_Wan} lol
[10:44] {munky} lands on stockpile of bananas
01[10:44] {@Threei}  lol
01[10:44] {@Threei}  wtg ron
[10:47] {Les} ty tbell
[10:47] {thomcbell} dow 1:1
[10:50] {Joebi_Wan} FCX L .80 Break?
[10:51] {Joebi_Wan} missed
[10:51] {thomcbell} trail stop to 44.81 on dow
[10:52] {thomcbell} and there it is
[10:53] {dino} out cvlt 68.10, +3.15
[10:54] {RonS} gj
[10:54] {dino} thx
01[10:54] {@Threei}  too bad FCX broke with not much chance to enter
01[10:54] {@Threei}  good setup
01[10:54] {@Threei}  wtg dino
[10:55] {dino} ty
[10:55] {thomcbell} vad that was serious sniper action on fb
[10:55] {thomcbell} 1:7
[10:56] {munky} reminicent of stalingrad
[10:56] {thomcbell} i got 54.34 on my last 1/3 there Vad
[10:56] {thomcbell} thanks vm
[10:56] {dino} out c .10, +.30
01[10:56] {@Threei}  :)
[10:56] {thomcbell} watching kors here for long setup
[10:57] {thomcbell} needs some sideways between 79.80 and 80
[10:57] {RonS} ya, in kors here at .90
[10:59] {thomcbell} kors 80.01 long break if holding 79.91 hl
[10:59] {thomcbell} nope
[10:59] {thomcbell} still going to watch this one
[11:00] {nemo} getting in to Fed jerk around time
[11:04] {fish_49} My humble opinion is fed says no hike in rate.  Fed says  no decrease in spending yet.  Keep plugging away business as usual...Continue to monitor inflation rate
[11:05] {RonS} ...and that once Ben leaves Yellen will get a shave...
[11:06] {dino} i think they cut another 10b off this month, rates stay same, watching global issues
[11:06] {fish_49} Mr.  I mean Miss Yellen  don't want to make too much wave in her first month
01[11:06] {@Threei}  no hike is a given...
[11:06] {fish_49} I'm good with that Dino  I hope that is the case.  More cuts  should send message that economy is ready to stand on own
[11:06] {dino} don't bet on it, she's big time dove, may stop the 10b cuts
01[11:07] {@Threei}  it's taper more or pause that is in question
01[11:07] {@Threei}  she is so dove, actual doves consider her a whimp
[11:07] {dino} taper happened again under ben, next month yelping yellen does nothing
01[11:07] {@Threei}  and feel like bald eagles next to her
[11:08] {fish_49} we were at 85B  and last meeting we went  to 75B  right?  and your thinking  she may say go back up to 85B ?
01[11:08] {@Threei}  I doubt it fish
[11:08] {dino} janet "jackson" yellen "nasty if you please"
01[11:08] {@Threei}  she may stay at 75 though
[11:08] {dino} no fish, stay at whatever we are at today
01[11:08] {@Threei}  going back to 85 would be seen as extraordinary measure
01[11:09] {@Threei}  and can be counterpoductive as it might start panic
[11:09] {fish_49} yea  that is my take  stay or even another 10b cut in spending  but  last weeks drop was more than Fed fear  I'm thinking
[11:09] {dino} out db .05, +.30
[11:10] {fish_49} gj dino
[11:11] {dino} ty
[11:12] {nemo} dino, ilmn
01[11:12] {@Threei} Short Setup: FCX  .90 break
01[11:13] {@Threei}  If holds  33
[11:14] {munky} fb looks short
[11:20] {fish_49} did FCX print .89?
[11:20] {dino} dk nemo, still messing around w/last half cvlt
[11:21] {dino} stop to .80
[11:25] {dino} out remaining cvlt .95, +4.00
[11:26] {RonS} 3i, X play?
01[11:27] {@Threei}  .05 break?
01[11:27] {@Threei}  worth trying
01[11:27] {@Threei}  market in slow ckimb mode
01[11:27] {@Threei}  climb too
[11:28] {dino} hmmm, no comments huh?
[11:29] {nemo} Bow to Zod?
01[11:29] {@Threei}  lol
[11:29] {dino} :)
[11:29] {dino} lucky morning
[11:29] {RonS} fer chrissakes dino sometimes we are busy...
[11:29] {nemo} dino cleaned up on a trade...what's new?
[11:29] {dino} did my week in a day
[11:31] {fish_49} WOW  Dino  Awesome trade
[11:32] {nemo} yeah WOW we should erect a statue to him
[11:32] {nemo} declare a national holiday
[11:32] {nemo} suggest him for sainthood
[11:32] {munky} how many shares may i ask?
[11:32] {fish_49} as long as he shares his earnings  I vote for all of the above  Toad
[11:32] {dino} ok, i get it. i'll go to monastary
[11:33] {Les} short fcx
[11:33] {dino} 600 in all cvlt. 400 on c and db
[11:33] {Les} .98 holding the high
[11:33] {fish_49} I'm sending a help desk tiket  to DAS help  on the montage  I will post it here  in a pic  maybe it's  just an issue with demo not live platform.  Look at it  when slow time
[11:34] {munky} wow 600 on that one, nice
[11:34] {dino} thx
[11:34] {RonS} watch cuda for some volume...this could pop and run today...
[11:35] {dino} ok barra
[11:35] {fish_49} http://s1332.photobucket.com/user/bkhmd/media/montagepriceentry_zps6336fc02.jpg.html
[11:38] {dino} scanners slowing down
[11:39] {Les} FCX 1:1
[11:40] {fish_49} what price did u get Les?
[11:40] {Les} retook it after stopping out vad's setup
[11:40] {munky} .
[11:40] {Les} didn't make it over .05
[11:41] {fish_49} ok I took it short on the break of 33
[11:41] {fish_49} in demo  trying to make sure  auto stop works
[11:42] {Les} ok yeh short .98
[11:42] {Les} .98125
[11:45] {RonS} out kors +.08 acting heavy, flat for fed...
01[11:47] {@Threei} Long Setup:  FB  .50 break hl
01[11:47] {@Threei}  If holds  .40
[11:54] {nemo} grind up shorts out of the way before fed
01[11:57] {@Threei}  1:1
[11:57] {fish_49} good call Vad
[11:58] {munky} ur nailing fb vad
01[11:58] {@Threei}  shhh... my wife might see this
[11:58] {Joebi_Wan} thats a lot of people..
[11:58] {Les} out .73 ty sir
[11:58] {munky} out .77 ty
01[11:59] {@Threei}  yw
[11:59] {Les} pissed at myself for missing the early short
[11:59] {Les} shot at fb
[12:00] {Joebi_Wan} out FB, thanks vad
01[12:00] {@Threei}  1:2
01[12:00] {@Threei}  :)
[12:00] {Les} fcx back to 33
[12:00] {Les} last q stopped
[12:00] {Les} broker's winning here. break till post-Fed
01[12:01] {@Threei}  1:3
01[12:01] {@Threei}  out
[12:01] {munky} out fb .94 last 300
[12:02] {fish_49} Awesome show on FB
[12:07] {munky} fb prolly good short somewhere along the way
[12:07] {nemo} yeah, except can't short it
[12:08] {munky} i just did by accident
[12:08] {munky} to see'
01[12:08] {@Threei}  shows shortable here
[12:08] {munky} sh .80
[12:08] {nemo} whoa, can short it here, just not showing up on montage
[12:09] {RonS} cuda l .05 ave
[12:09] {munky} u owe me a banana nemo
[12:09] {nemo} hah, reloaded software, there it is
[12:11] {fish_49} munky,,your thinking perhaps it will not fill gap today?
[12:11] {Les} VAAAAAAAAAAAAAAAAAAAAAAD
[12:11] {munky} dunno
[12:11] {Les} fish used the 't' word
[12:12] {fish_49} I didn't say I was T'ing  lol
01[12:12] {@Threei}  tsk tsk tsk
[12:12] {Les} this room hiding a bunch of Bolsheviks
[12:12] {Les} where's ese when ya need someone to slap
01[12:12] {@Threei}  just wait till ese's back
[12:13] {RonS} out cuda .85 ave +.80 ese size
[12:13] {fish_49} whats that word kanucks  or something like that?  While on Vacation, I had a guy ask me if I was a Kanuck  or whatever Canadians call each other
[12:13] {munky} i may owe u a banana nemo
01[12:14] {@Threei}  canuck
[12:14] {nemo} JD Honey please
01[12:14] {@Threei}  nice FB
[12:14] {Les} FCX lower high
01[12:14] {@Threei}  wtg ron
[12:15] {RonS} ty
[12:16] {dino} gj
[12:17] {Les} DOW
[12:17] {thomcbell} what happened FB
[12:17] {thomcbell} someone shorted up there
[12:18] {munky} i did by accident off .80
[12:18] {Les} "there are no accidents"
[12:18] {nemo} Folks, if you are on DAS and something doesn't seem kosher, like today the "S" for shortable wasn't displaying for many stocks, and sometimes my gainer/loser grids don't completely populate, either reload  the .dsk file, a different one, or shutdown and restart the software completely
[12:19] {nemo} except when it came to your birth Les, exception that proves the rule
[12:19] {munky} cant make me lol
[12:19] {dino} seems fine here nemo
[12:19] {Joebi_Wan} brutal.
[12:19] {Les} lol
[12:19] {Les} think DAS dislikes u
[12:19] {nemo} just info in the event something doesn't seem kosher
[12:19] {Les} fine here
[12:19] {Les} or u been drinking again
[12:19] {nemo} never stopped
[12:20] {fish_49} Les?
06[12:20] * Les slaps fish_49 around a bit with a large trout
[12:20] {Les} oops thats no kosher
[12:20] {fish_49} your gonna let Nemo get away with that birth insult?
[12:21] {Les} god yeh
[12:21] {Les} sometimes he's actually funny
[12:21] {fish_49} Ohhh My  Les  you slap me  when nemo insults u?  I see how u are
[12:21] {Les} who said nemo insulted me?
[12:21] {fish_49} Changing my trade plan  to read  "Insult Les on Daily Basis"
[12:22] {Les} you must be mistaking me for ese
[12:22] {nemo} Stockholm syndrome Fish
[12:23] {fish_49} yea  you have him in your hands  now
[12:23] {dino} hmmm ung up 27% in two weeks
[12:23] {fish_49} go in for the kill
[12:23] {munky} die fb die
[12:24] {fish_49} it should pause or bounce a bit at .47
[12:24] {munky} lower like ,42
[12:26] {Les} FCX consolidating around this resistance. post fed should be intersting
[12:28] {dino} surprised fcx up w/chaos in world
[12:28] {nemo} look at daily, technical bounce
[12:29] {nemo} the low is the quarterly vwap
[12:29] {nemo} oops
[12:29] {nemo} I liked but still technical, it's trying to stay above the 200
[12:31] {Les} yeh let's see which way the market swings post Femme Fed flash
[12:31] {munky} fb should tank
[12:31] {munky} theres .44
[12:31] {nemo} sending me the JD?
[12:31] {fish_49} yep  my .47 was wrong
[12:32] {munky} dont monkey with the munky
06[12:32] * nemo takes out the 12 ga.
[12:33] {munky} thinkin .20's
[12:33] {fish_49} .24   lol
[12:35] {munky} printed .28\
[12:37] {thomcbell} dow not really pulling back during market pullback -
[12:37] {thomcbell} long estup dow 44.69 long break
[12:39] {thomcbell} if holds 44.60
[12:42] {thomcbell} emphatically invalidated Dow
01[12:43] {@Threei}  emphatically
01[12:43] {@Threei}  lol
[12:44] {dino} taking a break, back for fed at 2
[12:48] {thomcbell} fb vwap is what dino?
01[12:50] {@Threei}  54.73
[12:50] {munky} ok, covered sh here .25
[12:50] {munky} from accidental .80
01[12:51] {@Threei}  lol
01[12:51] {@Threei}  some accident
[12:51] {thomcbell} is that right?
[12:51] {thomcbell} that cant be right
01[12:51] {@Threei}  that's what my das shows
[12:51] {thomcbell} thats what mine does as well
01[12:51] {@Threei}  beyond that, ask nemo
01[12:52] {@Threei}  resident vwao guru
01[12:52] {@Threei}  vwap
[12:52] {munky} anyone figure out sound alerts for das? only want it for order fills
[12:53] {munky} fb a slauter
[12:54] {thomcbell} dow hehe
[12:59] {RonS} cuda making me feel like Yogi here...Yogi Barra
01[13:05] {@Threei}  somewhat contrived
01[13:06] {@Threei}  but it'll do, I was starting to worry you get rusty
[13:07] {RonS} ya, should have reversed it...and said feel like Barra here...Yogi
[13:08] {RonS} tear jerker:  http://tinyurl.com/l63aatt
[13:08] {fish_49} Could be Yogi the bear  Hey BooBoo  wheres the picknic basket
[13:09] {RonS} 55 and sunny here today, then back to cold and snow for at least 10 days...
[13:10] {fish_49} where Ron?
[13:10] {RonS} Denver
[13:10] {fish_49} ohhhh
01[13:12] {@Threei}  sheesh... I never liked Bud, now I hate it
[13:12] {RonS} lol...hilarious
[13:13] {fish_49} come on Vad  admit it.  That was a good Video
01[13:13] {@Threei}  what's next ad for gun full of roses opening in slo mo?
[13:13] {fish_49} I don't like Bud either but the video was cool  lol  My wife told me to say that
01[13:14] {@Threei}  ok, I got really lucky with my wife... she wanted to puke too
[13:14] {fish_49} lol  ur bad
01[13:15] {@Threei}  rose petal on the canon's barrel... there, great idea for an ad for, I dunno... women's hygiene products?
[13:16] {munky} ok, whats scoop on fed day, knee jerk reaction then a reversal reaction? sereiously
[13:16] {fish_49} If Will was here  we could say Depends
01[13:17] {@Threei}  two-three sharp jumps in opposite directions... then picking up direction and crawling
01[13:17] {@Threei}  lol fish
[13:17] {munky} thats what i'm asking
[13:17] {munky} ty
[13:17] {munky} hey fish
[13:17] {fish_49} yes sir?
01[13:17] {@Threei}  Will infuriatingly can't decide to stay in Maui for another month or return
06[13:17] * munky slaps fish_49 around a bit with a large trout
[13:18] {fish_49} Thanks Munky  I love you too.  Almost as much as I love Nemo
[13:18] {munky} nemo seems like trouble lol
[13:19] {fish_49} I have been emailing back and forth with DAS support  or maybe Nanko support  about  montage
[13:19] {fish_49} there are times when the price in the price field has to be entered manually
[13:19] {fish_49} they tell me its just the way it is
[13:19] {fish_49} lol
[13:19] {munky} dammit, fb
[13:19] {munky}  i knew it
[13:20] {Joebi_Wan} you accidentally covered too early
[13:20] {munky} roflollllll
[13:21] {munky} anyone take dino's picks regularly?
[13:22] {fish_49} I have not
01[13:22] {@Threei}  munky} nemo seems like trouble lol
01[13:22] {@Threei}  {Trouble} excuse me... leave me out of this, I want no association
[13:22] {Joebi_Wan} lol
[13:22] {munky} lol
[13:23] {nemo} mmmhhhh?
[13:23] {nemo} Hey fish, see that new bullet by that mfg. down in Georgia?
01[13:23] {@Threei}  {Trouble} oops... {baccking away slowly}
[13:23] {fish_49} no
[13:24] {nemo} buddy of mine was out at the SHOT show told me about it
[13:24] {fish_49} penetrate vest?
[13:24] {nemo} I haven't either but supposedly alot of buzz about being quite the manstopper..won't penetrate Level IIIs
[13:25] {fish_49} anything that strong would at least knock you back a step or two
[13:25] {nemo} gotta' lean into it a bit
[13:26] {nemo} http://goo.gl/ehKfo2
[13:26] {fish_49} this slap thing  I never did figure it out
[13:26] {fish_49} how do I use it
[13:27] {thomcbell} oh dow
01[13:27] {@Threei}  you have mirc or mibbit?
[13:27] {fish_49} Nemo is that real?
[13:27] {Joebi_Wan} that bullet insane
[13:27] {fish_49} mibbit
01[13:27] {@Threei}  ah... no slap then
[13:27] {nemo} I remember the stink over the Black Talon
[13:28] {Les} DOW VWAP resistance is here at 45
[13:28] {nemo} which is what the FBI uses as there standard carry ammo
[13:28] {fish_49} oh  so I have to simulate slap?
[13:28] {fish_49} Fish_49 slaps Three1 with some Bokeh
06[13:28] * nemo Slaps Fish with a picture of his in-laws
01[13:30] {@Threei}  (US) Senate Majority Leader Reid (D-NV): Senate to consider minimum wage legislation in March, would be best not to push forward with fast track authorization for the trade protection authority (TPA) at the moment
[13:31] {Les} sm DOW short .89
[13:31] {Les} holding the round number
[13:32] {thomcbell} big bounce
[13:32] {thomcbell} im looking for another long entry
[13:32] {Les} yeh might be doing same trick as before
01[13:33] {@Threei}  (US) Preview: FOMC rate decision and policy statement due 14:00ET- The Fed is expected to continue to taper QE at today's policy meeting, the last of Bernanke's tenure. Another $10B reduction is on tap, split evenly between Treasuries and MBS, taking the QE program down to $65B. By not setting a fixed schedule for tapering, the committee has indicated that it still has flexibility to vary the pull back of the QE program, but members have made it clear that it would take some significantly bad news to pause or reverse the process.
01[13:34] {@Threei}  - Note that the new voting membership rotates in for today's FOMC meeting. The new slate has a more hawkish tilt, including Dallas Fed President Fisher and Philadelphia Fed President Plosser. Rotating out of the voting membership are some of last year's biggest doves, including St. Louis Fed President Bullard, and Boston's Rosengren, who dissented against the start of tapering at the last meeting
[13:39] {munky} how do i customize the slap?
[13:40] {fish_49} Like this
[13:40] {munky} fish, is there a live chat for das?
[13:41] {fish_49} yea  let me find it  but good luck
[13:41] {munky} is it live? slow?
[13:42] {fish_49} http://dastrader.com/support.html
[13:42] {fish_49} look down and see Live Chat Support
[13:42] {fish_49} yes Live
[13:42] {Les} dow .85 supporting dam lot of selling not moving
[13:42] {Les} out
[13:43] {munky} ok, thank u, i dont see why nemo and vad talk so bad about u lol
[13:43] {Les} SPY ready to let go
[13:43] {nemo} badly
[13:43] {fish_49} you will in time  Munkey
[13:43] {dino} .
[13:43] {munky} lose the "e" he he
[13:43] {fish_49} munky*
01[13:44] {@Threei}  Munkehy - canadian munky
[13:44] {munky} vad,how i customixze the slap?
01[13:44] {@Threei}  just use /me command
01[13:44] {@Threei}  easiest way
06[13:45] * Les slaps Vad for giving up state secrets
01[13:45] {@Threei}  other than that, you need a file with new script, lod it in mirc...
01[13:45] {@Threei}  load
01[13:45] {@Threei}  hassle
[13:46] {fish_49} Fish_49 slaps Munky with a big Manual Focus Ring
06[13:46] * @Threei slaps Les around a bit with a folder titled "Highest level of security - Must be eaten before reading"
[13:46] {munky} how'd u do that? /me command?
[13:46] {Les} you be slapping me with bacon... ?
[13:47] {Les} like that
01[13:47] {@Threei}  yes
[13:47] {munky} wheres /me
[13:47] {fish_49} munky  did you get thru  to the support folks?
06[13:47] * Les withdraws banana from munky's cage for failing test
[13:47] {fish_49} is your question related to sound?
[13:47] {munky} yes
[13:48] {Les} it's the alternative character on the number 7 key
[13:48] {fish_49} in that link I gve you scroll down and you will see manuals
[13:48] {fish_49} you might find it there?
[13:48] {fish_49} a bunch of PDF files
[13:48] {munky} i did, set it up, no worky
[13:48] {fish_49} ok  turn on speakers
[13:49] {fish_49} lol
[13:49] {munky} also, my globaldefault is not transferring to other montages
[13:49] {fish_49} if that don't fix the issue  then check the air in the tires
[13:49] {fish_49} I'm practicing to be Online Support for DAS
[13:54] {munky} ok, i can see that chats gonna be a joke
[13:56] {fish_49} you mean the online support?
[13:56] {fish_49} actually give it a chance
[13:57] {fish_49} the support part is not bad but they are limited to functionality of the application  and I found that some of their support folks are clueless  and it is batter to send email with attached pictures
[13:58] {fish_49} better*
[14:00] {fish_49} long cat .03
01[14:00] {@Threei}  *(US) FOMC HOLDS FED FUNDS RATE TARGET AT 0.25%: REDUCES BOND PURCHASES BY ADDITIONAL $10B (FURTHER TAPER) TO $65B (AS EXPECTED)
01[14:00] {@Threei}  Vote: 10-0 (prior was 9-1 with Rosengren as a dovish dissenter. Rosengren is no longer a voter)
[14:01] {fish_49} out cat -.10  lol
01[14:01] {@Threei}  right on FOMC... don't
[14:01] {fish_49} the auto stop loss worked
01[14:01] {@Threei}  wait a few first spikes out
[14:02] {munky} exi created the global
[14:02] {munky} oops
[14:03] {munky} i go to tmp on xtra montages, set up, check use global, but it does not
[14:03] {munky} crap
[14:04] {Les} lucky I wasn't in anything
[14:05] {RonS} gold drop
01[14:06] {@Threei}  lycky?
01[14:06] {@Threei}  it should be a deliberate decision to be flat at FOMC time
01[14:06] {@Threei}  watching GLD to short on bounce
[14:06] {fish_49} unless your testing order entry  lol
[14:07] {Les} FCX db long .60?
01[14:07] {@Threei}  if holds .55
01[14:07] {@Threei}  wth such stop, why not
[14:09] {Les} small gld short .
[14:09] {dino} c smr l .26
[14:09] {Les} cover half
[14:10] {Les} 2nd half stop
01[14:10] {@Threei} Short Setup: GLD  .85 break
01[14:10] {@Threei}  hl
01[14:11] {@Threei}  Invalidated
[14:12] {dino} typically 15 minutes after announcement we get counter-mover
01[14:12] {@Threei} Short Setup: GLD  122 break
01[14:12] {@Threei}  If holds  .10
01[14:12] {@Threei}  risk is still high, half lot plays
01[14:13] {@Threei}  1:1
[14:15] {fish_49} Im out in full I grabbed it short at .07
[14:16] {Les} yeh a scalp here take it while its good
[14:16] {Les} ty sir
01[14:16] {@Threei}  yw
[14:17] {Les} bouncing around meaner than nemo's bunny on raisin sugar high
[14:17] {dino} db smr l .54
[14:18] {dino} strange, no counter bounce yet
[14:19] {Les} hmmm DB db?
[14:19] {fish_49} your expecting bounce up?
[14:20] {dino} down up down
[14:20] {dino} tomorrow a reverse of todays close
[14:20] {fish_49} the news was nothing more nothing less than what was expected.  I wonder what folks were expecting?
[14:20] {Joebi_Wan} the unexpected
[14:21] {thomcbell} based on how market traded in futures this am maybe if it wasnt a fed day it would have been a trend down day
[14:21] {dino} the force is w/you joebi
[14:21] {Joebi_Wan} :)
01[14:22] {@Threei}  a lot of analysts (those that post articles for a living) insisted that energing markets turmoil had to make fed back off
[14:22] {dino} kold crushed
[14:22] {Joebi_Wan} whoa
[14:22] {dino} how they back off when already cut back before the issues arose?
[14:23] {Les} yeh ain't Argentina in a bind...
[14:23] {dino} they/fed are reporting the past
01[14:23] {@Threei}  back off as in put taper on pause
[14:24] {dino} maybe they will in coming month, but they reported what they did last month
[14:24] {dino} last month all was well in world
01[14:24] {@Threei}  why last month?
01[14:25] {@Threei}  they cut further 10B
01[14:25] {@Threei}  to 65 a month
[14:25] {dino} they just said they cut 10b off
01[14:25] {@Threei}  yes, it's a second cut
[14:25] {fish_49} I guess I just don't get it.  We knew what was coming nothing shocking  so under normal circumstances we should rally
[14:25] {dino} missing my point, the past has happened, they can change mind going forward
[14:25] {dino} think of it this way...yesterday is dead
01[14:26] {@Threei}  ok... you are missing kine, those analysts posted prediction before today's announcement :)
01[14:26] {@Threei}  mine
[14:26] {dino} thats why they are called anal-ysts
01[14:26] {@Threei}  I am talking about expoectations before fomc
[14:26] {fish_49} lol
[14:26] {Joebi_Wan} lol
01[14:26] {@Threei}  and yes, they are clueless
01[14:26] {@Threei}  well, most of them
01[14:26] {@Threei}  like 99,5%
[14:27] {dino} bouncing +70
[14:27] {Les} DIA db looks great in the rear view mirror
[14:28] {dino} ung rocking
[14:29] {Joebi_Wan} you short kold dino?
[14:29] {dino} no, chicken on it, was thinking long, maybe in day or so
[14:30] {dino} altho it is pretty cold here
[14:31] {dino} out c .41, +.16
[14:34] {dino} cut too soon
01[14:36] {@Threei}  maybe not... wacthing for possible pullback entry
[14:36] {fish_49} on C?
01[14:36] {@Threei}  yes
[14:37] {Les} IN!!!!!
[14:37] {fish_49} huh?
[14:37] {dino} well we had about a 90 pt bounce
[14:38] {dino} out db .58, +.04, stuck
[14:38] {dino} maybe here comes the next down wave
[14:38] {dino} we had the down -220 the up -120, now....
[14:39] {Les} cha cha cha
[14:39] {dino} lol
[14:39] {fish_49} lol
[14:39] {Les} c
[14:41] {fish_49} how deep of a pull back would be appropriate on C  if pulled back to .20  on low VOL  is that what you would look for Vad?
01[14:43] {@Threei}  I'd get interested under .30
[14:43] {munky} r we in anything? was with tech
[14:44] {fish_49} ty
01[14:44] {@Threei}  no, flat
01[14:44] {@Threei}  got any answers about sound?
[14:45] {munky} not avail, but i got my 4 montage windows in sync, another issue i was having
[14:51] {dino} strange, usually more playable moves after announcement
01[14:52] {@Threei}  yeah, quite subdued
[14:52] {nemo} tells you how baked in the announcement was methinks
[14:53] {fish_49} baked in is correct  However, a lot of money on the sidelines and I would have expected that money to come back into the markets since we have confirmation nothing drastic will change
[14:53] {nemo} we're at vwap of spy finnies and vix
[14:53] {nemo} market probably waiting for reaction around the world before it comes in...watch advfn.com/world  overnight
01[14:54] {@Threei}  well, if that's the case and this 10B cut is built-in, we are about to resume rally
[14:54] {fish_49} I know I'm not supposed to think  but that's what me thinks  Vad
[14:54] {fish_49} we should be in rally mode
[14:54] {fish_49} uinless something else is broken that I don't know about
[14:54] {Les} why?
[14:54] {nemo} you should go unicorn shopping
[14:55] {dino} its all broken fish...but so what
01[14:55] {@Threei}  really
[14:55] {fish_49} It's all part of the learning process on my journey to be like Nemo
01[14:55] {@Threei}  lol
[14:55] {dino} lol
[14:55] {Les} db's around these levels on the daily lets see if it holds into close/tomorrow
[14:56] {nemo} insane?
[14:56] {nemo} psychopathic?
[14:56] {Les} hehehe
[14:56] {fish_49} Gay
[14:56] {nemo} not a term usually used in reference to me
[14:56] {Les} yeh watch him laugh as he breaks yer neck
[14:56] {nemo} beastial, perhaps
01[14:56] {@Threei}  rabbit's ears perk up
[14:57] {fish_49} lol  sorry nemo that was rude
[14:57] {fish_49} lol
01[14:57] {@Threei}  fish...
[14:57] {fish_49} yes sir?
01[14:57] {@Threei}  you were rude to nemo - and you apologize??
01[14:57] {@Threei}  you made his day!
[14:57] {fish_49} yea because I noticed it actually hurt his feelings
01[14:57] {@Threei}  you want to hurt him be extremely polite
[14:58] {nemo} I would have to first have feelings
01[14:58] {@Threei}  offer him sympathy
[14:58] {fish_49} that's why I tell him I love him  lol
01[14:58] {@Threei}  wish him good morning or whatever rtime of the day
01[14:58] {@Threei}  that makes him cringe
01[14:58] {@Threei}  wilt
[14:58] {fish_49} Muahh  Nemo  Hows your day sir?
[14:58] {fish_49} lol
[14:58] {fish_49} lol
[14:59] {nemo} bow to Zod
[14:59] {fish_49} Honestly is my way of thinking wrong?  we should be in Rally Mode,...  Nothing changed to bring the markets down the way they have fell in past weeks
01[15:00] {@Threei} Long Setup:  C  .20 break
[15:00] {nemo} market has been falling, right?
[15:00] {fish_49} C in pull back mode
[15:00] {fish_49} ur fast Vad
[15:00] {fish_49} good Eye
01[15:00] {@Threei}  all three of them
01[15:01] {@Threei}  If holds  .15
[15:03] {nemo} ahhh, today is T3
01[15:05] {@Threei}  meh
[15:05] {Les} lock em in day heh
[15:08] {dino} well heres the drop
[15:09] {Les} is it safe to get onto the dance floor...
[15:09] {dino} fish, it could be emerging markets issues, lots of currency problems lately
[15:09] {fish_49} yes Dino  I'm reading about that now
[15:10] {dino} turkey just went tp 13% rates, argentina socializing/blowwing up, venezuela too
[15:10] {nemo} [14:54] {nemo} market probably waiting for reaction around the world before it comes in...watch advfn.com/world  overnight
[15:11] {Les} {nemo} [14:54] {nemo} market probably waiting for reaction around the world before it comes in...watch advfn.com/world  overnight
[15:11] {dino} then again, it could be nothing, markets just f'ing w/us
[15:11] {Les} 'cause Nemo likes the sound of his own advice
[15:12] {dino} what i'm thinking, is calling it a day. why mess it up
[15:12] {Les} I like that
[15:12] {Les} the drugs don't work, so I need to sleep anyway
[15:12] {Les} a+
[15:13] {nemo} big earnings day tomorrow also
[15:14] {nemo} jobless claims
[15:14] {nemo} December home sales
[15:14] {dino} going for lod
[15:16] {dino} dji -5% from jan highs
[15:17] {dino} -4% s/p
[15:31] {dino} thx all, dino afk, gn
[15:31] {fish_49} gn dino
[15:32] {nemo} gotta' go P&Q
[15:32] {dino} :)
[15:32] {nemo} fish...why don't you go swim through a dam
[15:32] {fish_49} whats P&Q
[15:32] {nemo} Peace & Quiet
[15:32] {nemo} the older I get the more of it I want
[15:32] {fish_49} Bite my Tail Nemo Toad
[15:40] {fish_49} C giving us a low risk scalp set up long  Break .98 with stop .87
[15:42] {munky} missed good bounce fb off lows
[15:43] {fish_49} Out C  + 0.09
[15:45] {munky} nice one
01[15:45] {@Threei}  :)
01[15:45] {@Threei}  double bottom
01[15:45] {@Threei}  good one
[15:46] {fish_49} ty
[15:46] {munky} vad, ur not supposed to miss a bounce in fb like this
01[15:47] {@Threei}  right, start pressuring me into calling the trades
[15:47] {fish_49} hey see you guys tomorrow  thanks for the great trades
01[15:47] {@Threei}  take care fish
01[15:51] {@Threei}  thank you all, have a good evening
01[15:51] {@Threei}  see you tomorrow
[15:51] {Joebi_Wan} thanks vad
[15:52] {Joebi_Wan} see you
[15:52] {munky} ty

Tuesday, January 28, 2014

Jan 28 2014

Volatile day with a very strong opening, annoyingly random afternoon and strong close. Opened several 1:3ers and scalps, took a few stops in the afternoon and ended with another 1:3er - positive, and looking forward to tomorrow's FOMC day action. Most likely active morning, then lackluster market into FOMC and usual up/down after rate announcement. 



Session Time: Tue Jan 28 00:00:00 2014

06[09:10] * Les offers Nemo a lovely Chianti with a great mushroom risotto to accompany his rabbit
[09:10] {nemo} funny, I was thinking of making use of you for some sweetbread stew
[09:10] {Les} well at least I know Mirc is working today
[09:10] {nemo} then again, you probably don't have any to use
[09:11] {Les} with present company, who needs em?
[09:11] {Les} :P
01[09:11] {Threei}  morning
[09:11] {Les} no its not
[09:11] {nemo} you would need them in the company of amoeba
[09:11] {Les} aaaahahhaha
[09:11] {Les} not bad not bad
[09:15] {Les} found myself scalping my way up as the buying got more and more urgent yesterday arvo
[09:16] {Les} pity didn't have energy to sit out the short side into close
[09:26] {RonS} gm
01[09:27] {Threei}  ron :)
01[09:31] {Threei} Long Setup:  C  .50 break
01[09:31] {Threei}  If holds  .40
01[09:34] {Threei}  no go
[09:35] {dino} rcii sm l .40
[09:37] {dino} rcii stopp -.30
01[09:39] {Threei} Long Setup:  FB  .70 break hl
[09:39] {dino} reload .04
01[09:39] {Threei}  If holds  .60
01[09:41] {Threei}  1:1
01[09:41] {Threei}  1:2
01[09:42] {Threei}  1:3
01[09:42] {Threei}  out
01[09:45] {Threei}  C rinsed
01[09:47] {Threei} Long Setup:  CAT  .85 break
01[09:47] {Threei}  If holds  .75
01[09:49] {Threei}  trail to .79
[09:49] {dino} cit sm s .99
01[09:50] {Threei}  1:1
[09:53] {Les} sm. DIA long here
01[09:53] {Threei}  1:2
[09:53] {Les} ty for CAT
01[09:53] {Threei} Short Setup: FB  55 break
01[09:53] {Threei}  If holds  .10
01[09:53] {Threei}  yw
01[09:53] {Threei}  Invalidated
[09:54] {Les} half DIA +.18
01[09:54] {Threei}  1:3
01[09:54] {Threei}  out
[09:54] {_Joebi_Wan} Thanks Vad
01[09:55] {Threei}  :)
[09:56] {Les} out DIA
[09:57] {Les} sm FB short
[09:57] {Les} half cover
[09:57] {Les} out
01[09:59] {Threei}  *(US) JAN RICHMOND FED MANUFACTURING INDEX: 12 V 13E
01[09:59] {Threei}  *(US) JAN CONSUMER CONFIDENCE: 80.7 V 78.0E
[10:02] {dino} cit stop/cov .14-.15
[10:03] {dino} rinsed
[10:05] {munky} .
01[10:05] {Threei}  munky...
01[10:05] {Threei}  missed 2 1:3ers
[10:05] {munky} i knew it...internet down until now
01[10:06] {Threei}  ugh
[10:06] {munky} i knew it tho
[10:06] {munky} figuired 1:5 ers
[10:06] {_Joebi_Wan} C was
[10:06] {_Joebi_Wan} but rinsed us
01[10:07] {Threei}  well yes, but we exited too soon :)
[10:07] {munky} so u done for day? lol
01[10:07] {Threei}  can I?
01[10:08] {Threei}  or, switching to English, may I?
[10:08] {munky} only if u want me to quit the room he he
01[10:08] {Threei} Long Setup:  FB  .15 break
01[10:08] {Threei}  If holds  .05
01[10:09] {Threei}  1:1
[10:10] {Les} IWM potential DT
[10:10] {Les} short DIA
[10:10] {Les} .97 holding .03
[10:11] {Les} half .90
[10:12] {Les} 2nd half flat
[10:13] {Les} SOMG
[10:13] {Les} DT folloing yesterdays high
01[10:19] {Threei} Short Setup: C  .65 break
01[10:20] {Threei}  If holds  .75
[10:24] {Les} long TZA
[10:24] {Les} .07 holding .00
[10:25] {Les} screwed up theshort side yesterday see if can do better here
[10:26] {Les} stop to .05
[10:26] {Les} half out .14
[10:28] {Les} quarter at .17 this is vwap resistnace
[10:29] {Les} all out
[10:29] {Les} me stopping here. got RDV with my boy's teacher. good morning's trading. A+
01[10:30] {Threei}  no go
01[10:31] {Threei}  leaving C be for today, no cooperation
[10:35] {dino} irix partial l .25
[10:38] {dino} cit sm s .15
01[10:42] {Threei} Long Setup:  CAT  .05 break
01[10:42] {Threei}  If holds  .95
[10:47] {dino} cov cit .90, +.25
01[10:48] {Threei}  trail to .99
01[10:49] {Threei}  who unplugged SPY?
01[10:50] {Threei}  meh CAT
[10:57] {dino} out rcii .75, +.70
01[10:58] {Threei}  wtg
01[10:58] {Threei} Long Setup:  FB  .75 break
01[10:59] {Threei}  If holds  .65
01[11:01] {Threei}  1:1
01[11:06] {Threei}  we seem to go back to scalping mode
01[11:07] {Threei}  not very surprising, considering FOMC tomorrow
[11:08] {dino} pcom smr s .20 thinnny/gapper
[11:11] {dino} rcii drop
[11:18] {dino} rcii sm l .15
[11:20] {RonS} srcl hit over Herb Greenberg piece saying DOJ investigation coming...
[11:23] {RonS} Deseret Times article saying no. SLC facility has toxic emissions...
01[11:24] {Threei} Short Setup: IWM  .40 break
01[11:24] {Threei}  If holds  .50
[11:26] {munky} not avail i guess
[11:26] {_Joebi_Wan} not shortable here...
[11:26] {nemo} nope...gotta' use tza
01[11:26] {Threei}  yeah
01[11:26] {Threei}  TZA is too narrow
01[11:27] {Threei} Short Setup: FB  .40 break
01[11:27] {Threei}  If holds  .50
[11:32] {munky} fb looks like double bottom
[11:36] {munky} nice u win
01[11:37] {Threei}  1:1
01[11:37] {Threei}  1:2
[11:37] {_Joebi_Wan} nice call
[11:37] {goinshort} nice V!
01[11:37] {Threei}  :)
[11:38] {_Joebi_Wan} RON, I'm in SLC, the air is terrible right now
[11:40] {RonS} temp inversion no uncommon slc this time of the year...
01[11:40] {Threei}  will try for 1:4 on FB
01[11:40] {Threei}  1:3
01[11:42] {Threei}  out last piece on a trail
[11:46] {munky} u see a bounce in fb coming?
01[11:50] {Threei}  tough call
[11:51] {munky} prolly needs mkt help, bounce
01[11:52] {Threei}  watching IWQM for double bottom, pullback entry around .10
[11:53] {munky} IWM?
[11:53] {dino} pcom cov .87, +.33
01[11:53] {Threei}  IWM
01[11:56] {Threei}  got away
[11:56] {munky} how about cat?
01[11:57] {Threei}  not sure about it
01[11:57] {Threei}  kind of lost will to move
01[12:00] {Threei}  if anything, CAT looks like short to me now
[12:00] {RonS} hlf nus pressure
01[12:01] {Threei}  HLF Ticks lower following NY Post article indicating that Canada Govt regulators have launched formal investigation into whether company is operating a pyramid scheme
01[12:02] {Threei} Short Setup: CAT  .75 break
01[12:02] {Threei}  If holds  .85
[12:02] {RonS} doesn't sound "nice"...wtf?
01[12:02] {Threei}  we will say "sorry" after each conclusion point, ron
[12:02] {RonS} lol
01[12:02] {Threei}  and before
[12:03] {RonS} rotflol
01[12:03] {Threei}  and insert one mid-sentence for a good measure'
[12:03] {dino} nus drop
01[12:04] {Threei}  "Sorry, our investigation shows that your sorry company is a scam of the earth, sorry"
01[12:04] {Threei}  how's that for nice?
01[12:04] {Threei}  Invalidated  CAT
01[12:12] {Threei}  valid again
[12:15] {_Joebi_Wan} down kitty
01[12:16] {Threei}  nah
[12:21] {munky} frustrating for me today, miss open tech probs, mkt blows after
[12:40] {thomcbell} fb 54.49 break vad
01[12:41] {Threei}  I'd prefer .50 :)
01[12:44] {Threei}  crap
01[12:44] {Threei}  had alert ready for .35 long IWM, and missed it
[12:44] {thomcbell} 1:1
01[12:44] {Threei}  yup, FB works
01[12:53] {Threei}  need one more leg down for a better setup
01[12:55] {Threei}  what the deuce, missed again
01[12:55] {Threei}  .30 was it
01[12:55] {Threei}  tough read
[12:58] {dino} out irix flat
01[13:07] {Threei} Short Setup: FB  .55 break
01[13:07] {Threei}  If holds  .65
01[13:11] {Threei}  Invalidated
[13:18] {dino} kold drop
[13:18] {dino} l .98
[13:25] {dino} out kold .68, +.70
[13:26] {_Joebi_Wan} nice knock out...
[13:26] {dino} ty, lucky
[13:47] {nemo} joebi going for Ron's title
[13:50] {dino} kold lod
[13:53] {dino} lissed it
[13:53] {dino} missed
01[14:19] {Threei} Long Setup:  FB  .90 break
01[14:19] {Threei}  If holds  .80
01[14:25] {Threei}  if dives under .80, let's look for DKTK setup
[14:28] {munky} ?
01[14:29] {Threei} Long Setup:  FB  .80 break
01[14:29] {Threei}  If holds  .75
01[14:29] {Threei}  ?
[14:30] {munky} dktk?
01[14:31] {Threei}  didn't we discuss it a few days ago
01[14:31] {Threei}  "don't kid the kidder"
[14:31] {nemo} yep
[14:31] {munky} ah
01[14:35] {Threei}  FB, are you blind or what
01[14:35] {Threei}  look at SPY
[14:42] {thomcbell} u have to wait for people to short it
[14:42] {thomcbell} for the long to work
01[14:42] {Threei}  meh
[14:47] {dino} hem
[14:49] {RonS} starting a thread with hem?
[14:51] {dino} :)
[14:51] {dino} kold new lod
[14:55] {thomcbell} nice 0.25 cent rally out of nowhere FB
[14:55] {thomcbell} lol
01[14:55] {Threei}  SoMG
[14:57] {munky} somg?
01[14:57] {Threei}  son of a motherless goat
[14:57] {nemo} start calling him "Les"
01[15:05] {Threei}  no news for SPY dump
01[15:07] {Threei} Long Setup:  FB  .70 break
01[15:08] {Threei}  If holds  .64
01[15:09] {Threei}  Invalidated
01[15:12] {Threei} Short Setup: CAT  .40 break
01[15:13] {Threei}  If holds  .46
01[15:19] {Threei}  FB is total SoMG today
[15:20] {RonS} live shot dead
[15:20] {thomcbell} clf what a short
[15:20] {thomcbell} investment short from pre-open
01[15:21] {Threei}  Ron fights back
01[15:23] {Threei}  second half of the day is not mine today
[15:26] {thomcbell} talk tomorrow guys
01[15:26] {Threei}  take care tbell
[15:30] {munky} u still in cat sh?
[15:31] {munky} well not now
01[15:32] {Threei}  no
[15:36] {RonS} ...the Fed has too many freakin meetings...
01[15:36] {Threei}  no kidding
01[15:37] {Threei}  setting rate every month
01[15:37] {Threei}  once a quarter would be just fine
01[15:37] {Threei}  with emergency meeting thrown in when really needed
[15:37] {RonS} ...may beg the q...did they set schedule accrding to the Politburo?
[15:38] {RonS} ...and then the minutes separate ferchrissake
01[15:38] {Threei}  I don't believe the economy of this size moves as quickly to justify such frequent rate reset
01[15:39] {Threei}  last try
01[15:39] {Threei} Long Setup:  FB  .90 break
[15:39] {RonS} i vote dino for fed chair
[15:39] {RonS} besides...gotta be better looking...
[15:40] {dino} just another reason to tell themselves that they are important (and get a free meal/hotel room)
01[15:40] {Threei}  well, goinshort is out of question simply because the name would give birth to too many conspiracy theories
01[15:40] {Threei}  but munky might be very intriguing name for that
[15:40] {dino} lol, dino for fed, sweet
[15:40] {goinshort} lol
01[15:41] {Threei}  nemo is out of running for similar reason
01[15:41] {Threei}  although not many know it's more than a lost fish
01[15:42] {Threei}  raven won't do either... "nevermore" is no good for rate cut
[15:42] {dino} joebi wan could use the force
01[15:43] {Threei}  who will be luke?
01[15:43] {Threei}  come on FB
01[15:43] {Threei}  or maybe better question... who will be Leia
01[15:44] {Threei}  janet yellen as leia...
01[15:44] {Threei}  ugh
[15:44] {_Joebi_Wan} please no
01[15:44] {Threei}  didn't think so :)
[15:44] {_Joebi_Wan} FB .80 stop?
01[15:45] {Threei}  .84
01[15:45] {Threei}  no point in risking too much this close to eod
01[15:46] {Threei}  half out
01[15:46] {Threei}  1:1
01[15:47] {Threei}  glad to finish the day with a win, afternoon was too random
01[15:48] {Threei}  move move FB
01[15:48] {Threei}  time's an issue
[15:48] {_Joebi_Wan} Im out, thanks Vad!
01[15:48] {Threei}  :)
[15:49] {_Joebi_Wan} see ya all
01[15:49] {Threei}  take care joebi
01[15:49] {Threei}  1/4 more out
01[15:50] {Threei}  1:2
01[15:51] {Threei}  FB works hard to rectify its somg status
01[15:53] {Threei}  wow SPY
01[15:56] {Threei}  extremely jerky
[15:57] {nemo} pre-Fed action
01[15:57] {Threei}  looks like after-fed, lol
01[15:57] {Threei}  soike down, spike up
01[15:57] {Threei}  ok guys, thank you all
01[15:57] {Threei}  have a great evening, see you tomorrow
01[15:59] {Threei}  out .16
[15:59] {dino} gn all

Monday, January 27, 2014

Jan 27 2014

Sometimes even profitable days can be annoying, and this was just that. Server troubles made us move twice from main room to reserve and back, most trades turned out to be just scalps, and we missed a few larger moves. All in all, finishing positive but unsatisfied.

Session Time: Mon Jan 27 00:00:00 2014
[08:46] nemo> mmmhhh...can't short IWM again
[09:09] dino> gm
[09:09] nemo> optimist
01[09:09] @Threei>  dino :)
[09:11] nemo> so cat announced big buy back
01[09:11] @Threei>  decent gap
[09:25] RonS> gm
01[09:25] @Threei>  ron :)
01[09:28] @Threei>  C decided not to wait for us...
[09:30] thomcbell> what is qqq short 3x
[09:30] nemo> tqqq
[09:31] nemo> oh, sorry that's long
01[09:31] @Threei> Long Setup:  GLD  .50 break
01[09:31] @Threei>  If holds  .40
[09:32] thomcbell> sqqq
01[09:32] @Threei> Short Setup: C  .30 break
01[09:33] @Threei>  If holds  .35
01[09:33] @Threei>  Invalidated
[09:33] dino> lbtya smr l . gappy02
01[09:34] @Threei>  1:1  GLD
01[09:34] @Threei>  ugh... C got away
02[09:34] * Disconnected

Threei: people read their e-mails not
RonS:  
(Jan 27-09:44) dino has joined.
(Jan 27-09:45) dino: test
(Jan 27-09:45) Threei: passed
(Jan 27-09:45) dino: rode lbtya from 71.02 to 73.05, +1.03
(Jan 27-09:45) Threei: nice
(Jan 27-09:48) dino: pru sm l .60
(Jan 27-09:48) Bringer of Light has joined.
(Jan 27-09:48) thomcbell has joined.
(Jan 27-09:48) _joebi_wan has joined.
(Jan 27-09:49) thomcbell: hi
(Jan 27-09:50) Threei: tbell
(Jan 27-09:51) munky has joined.
(Jan 27-09:51) munky: .
(Jan 27-09:51) Threei: Short setup C .50 break
(Jan 27-09:52) Threei: If holds .60
(Jan 27-09:52) Threei: 1:1
(Jan 27-09:56) Threei: so far scalps only
(Jan 27-09:57) Threei: Long CAT .40 break hl
(Jan 27-09:57) Threei: lol
(Jan 27-09:57) Threei: 1:1 if you got it (which I doubt very much)
(Jan 27-09:58) dino: giddy-up
(Jan 27-09:58) Bringer of Light: this is vwap, if it can't get above look to short it
(Jan 27-09:59) Threei: Long Setup C .55 break
(Jan 27-10:00) Threei: If holds .50
(Jan 27-10:00) Threei: *(US) DEC NEW HOME SALES: 414K V 455KE
(Jan 27-10:00) Bringer of Light: shorted .40
(Jan 27-10:01) Threei: meh C
(Jan 27-10:02) Threei: jerky morning
(Jan 27-10:03) Threei: no direction yet
(Jan 27-10:04) thomcbell: wow cat
(Jan 27-10:05) Threei: SPY just can't make up its mind

03[10:07] * Rejoined channel #discussions
03[10:08] * Retrieving #discussions modes...
[10:11] thomcbell> rather be short fb
[10:11] thomcbell> looking for entry

02[10:14] * Disconnected

(Jan 27-10:21) thomcbell: took my eye off it
(Jan 27-10:21) Threei: wtf
(Jan 27-10:21) thomcbell: beta is taking a serious breather
(Jan 27-10:22) Threei: sheesah FB
(Jan 27-10:23) munky: ur sunday links referrenced fb as a short
(Jan 27-10:23) Threei: yes
(Jan 27-10:23) munky: nflx twtr too
(Jan 27-10:24) Bringer of Light has joined.
(Jan 27-10:24) munky: sheesh look twtr
(Jan 27-10:24) munky: just got a lil brighter in here lol
(Jan 27-10:25) dino: mr. t market...."pain"
(Jan 27-10:29) Bringer of Light: cat going bye bye
(Jan 27-10:30) _joebi_wan has joined.
(Jan 27-10:30) Threei: Very encouraging words from tech support: "WTF???"
(Jan 27-10:30) Threei: lol
(Jan 27-10:34) dino: lbtya smr l .10
(Jan 27-10:35) Threei: Long Setup FCX .30 break
(Jan 27-10:35) Threei: If holds .20
(Jan 27-10:38) Threei: ok, FCX... trigger, work and don't be a scalp
(Jan 27-10:38) RonS has joined.
(Jan 27-10:39) munky: look C
(Jan 27-10:40) Threei: interestingly, this SPY drop doesn't helpo GLD much
(Jan 27-10:44) Threei: btw east coasters, heard from Will... you may be pleased to know that he too had whole 2 days of rain in Maui, and temperature dropped whole 2 degrees C
(Jan 27-10:47) dino: lol, we are going negative 8 f tonight, highs of 5 tomorrow
(Jan 27-10:48) Threei: in other weather-related news, yesterday in Winnipeg a thermometer knocked on the window and asked to be let inside
(Jan 27-10:49) munky: lol
(Jan 27-10:51) Threei: FCX 1:1
(Jan 27-10:51) munky: 12 green candles fb,
(Jan 27-10:52) Threei: out of 3-points instruction it fulfilled 2 so far... now proceed to 1:2 and we will endorse you for performer of the day
(Jan 27-10:53) Threei: a few folks lost in cyberspace... goinshort, robbers, fish, ese, cc7
(Jan 27-10:53) Threei: nemo
(Jan 27-10:58) dino: nemo=bringeroflight?
(Jan 27-10:58) Bringer of Light: ;-)
(Jan 27-10:58) Threei: I refuse to acknowledge this weird beast
(Jan 27-10:59) Bringer of Light: why would I want to be a member of a club that would want me?
(Jan 27-11:00) Threei: anyone who adds log editing work for me is, ummm
(Jan 27-11:00) Threei: how do I put it softly
(Jan 27-11:00) Bringer of Light: pizdah
(Jan 27-11:01) Threei: there: he doesn't make me weep with soul-reinvigorating elixir of immortality
(Jan 27-11:02) Bringer of Light: you wanna' live forever?
(Jan 27-11:03) Threei: FCX stop for the balance to .34
(Jan 27-11:03) Threei: Freddie answered that question for me...
(Jan 27-11:04) Threei: http://www.youtube.com/watch?v=_Jtpf8N5IDE
(Jan 27-11:05) RonS: Ll hammered
(Jan 27-11:06) dino: li?
(Jan 27-11:18) RonS: test
(Jan 27-11:18) Threei: passed
(Jan 27-11:18) Threei: about FB, too long to post here: https://www.facebook.com/RealityTrader/posts/711394688895209
(Jan 27-11:24) Threei: Long Setup FB .10 break
(Jan 27-11:24) Threei: If holds 53
(Jan 27-11:25) Threei: risky one, volatile more than udual today
(Jan 27-11:28) Threei: invalidated for now
(Jan 27-11:29) Threei: Manic Monday Trading as EM Volatility Roils Global Markets
(Jan 27-11:29) Threei: FB valid again
(Jan 27-11:31) RonS: cat pressure
(Jan 27-11:35) Threei: 1:1
(Jan 27-11:37) Threei: sheesh... another scalp
(Jan 27-11:37) Threei: this is annoying
(Jan 27-11:38) Threei: CAT: Miners are buying new equipment below acceptable replacement rates, boding well for future mining hardware sales Inventory declines are over
(Jan 27-11:42) Threei: ^%$#@*(&^
(Jan 27-11:50) dino: out lbtya .47, +.37
(Jan 27-11:51) Threei: crap... FB balance really got away
Jan 27-11:56) Threei: Long Setup C .80 break
(Jan 27-11:57) Threei: If holds .75
(Jan 27-11:57) Threei: word from tech support, looks like power supply unit is out
(Jan 27-11:57) Threei: they are looking for replacement
(Jan 27-11:58) Threei: C is valid
(Jan 27-11:59) Threei: not snymore
(Jan 27-12:03) Threei: Long Setup C .75 break
(Jan 27-12:03) Threei: if holds .65
(Jan 27-12:03) Threei: needs help by SPY of course but starts looking like legit bottom
(Jan 27-12:08) Threei: invalidated
(Jan 27-12:09) Threei:  is interesting for long on pullback
(Jan 27-12:09) Threei: around .70
(Jan 27-12:20) Threei: no chance
(Jan 27-12:25) dino: apam sm l .36 gappy/thin
(Jan 27-12:27) Threei: missing a lot of plays today
(Jan 27-12:42) dino: seems to be a bit of fear, sudden air pocket drops on many
(Jan 27-12:42) Threei: yes
(Jan 27-13:01) Threei: guys, main room is back up but without guarantee that they won't have to reboot the server once again, to restore all the services
(Jan 27-13:02) Threei: so we can remain here for an hour more, or move but be ready to switch again
(Jan 27-13:02) Threei: your choice
(Jan 27-13:03) Threei: Short setup GLD .90 break
(Jan 27-13:04) Threei: if holds 122
(Jan 27-13:08) Threei: 1:1
(Jan 27-13:08) Threei: if this one turns out merely a scalp, I'll...
(Jan 27-13:08) Threei: hmmm...
(Jan 27-13:08) Threei: ok, I'll allow nemo to change his nick to bringer of light in the main room
(Jan 27-13:15) Threei: 1:2
(Jan 27-13:15) Threei: finally something works
(Jan 27-13:15) Threei: for more than measly scalp
(Jan 27-13:15) Threei: sorry nemo, you are to remain a lost fish
(Jan 27-13:15) Threei: we need no stinin' light
(Jan 27-13:28) _joebi_wan has left.
(Jan 27-13:29) _joebi_wan has joined.
(Jan 27-13:30) _joebi_wan: Internet crapped out during Gld trade
(Jan 27-13:30) Threei: yikes
(Jan 27-13:30) Threei: are you still in?
(Jan 27-13:31) _joebi_wan: exited through the web trader on my phone
(Jan 27-13:31) Threei: what price did you get on exit?
(Jan 27-13:32) _joebi_wan: 121.74
(Jan 27-13:32) Threei: not too bad
(Jan 27-13:34) Threei: plenty of scalps today, this one was the only 1:2
(Jan 27-13:34) Threei: and a lot of larger moves just got away, couldn't read them
(Jan 27-13:34) Threei: Monday... and sever's troubles
(Jan 27-13:35) Threei: if Monday were a person: http://i.imgur.com/rLu8c77.jpg
(Jan 27-13:40) thomcbell: are we still on this one?
(Jan 27-13:40) Threei: depends on where you trailed... it tagged  over .80 on bounce
(Jan 27-13:40) Threei: I exited last 1/4 there
(Jan 27-13:41) Threei: if someone had more parience, 1:3 is almost here
(Jan 27-13:41) Threei: here without almost
(Jan 27-13:42) Threei: 1:4
(Jan 27-13:54) Threei: who would have thought GLD would turn a bigger mover... was quite tame lately
(Jan 27-13:58) _joebi_wan has left.
(Jan 27-13:58) _joebi_wan has joined.
(Jan 27-14:06) dino: chtr spike
(Jan 27-14:09) Threei: so far main room is stable
(Jan 27-14:09) Threei: let's move for the market close?

[14:10] thomcbell> yo
01[14:10] @Threei>  hey
[14:16] _Joebie_Wan> GLD smacked
01[14:16] @Threei>  no kidding
01[14:16] @Threei>  (US) White House: President Obama will not be providing any concessions to get a raise in the debt ceiling limit
01[14:20] @Threei> Long Setup:  GLD  .90 break
01[14:20] @Threei>  If holds  .80
01[14:20] @Threei>  looks double-bottomish
[14:24] nemo> figures, take my father to the dentist and miss the bottom
[14:25] nemo> IWM bottomed at the Monthly S! to the frickin' penny and SPY just about tested 177
01[14:31] @Threei>  no go
01[14:38] @Threei> Short Setup: SLW  .45 break
01[14:38] @Threei>  If holds  .55
01[14:38] @Threei>  aggressive for .40 break
[14:41] thomcbell> fb 54 short break
[14:41] thomcbell> 1:1
01[14:45] @Threei>  good one tbell
01[14:58] @Threei>  Les got completely lost today I guess
[15:23] dino> yrcw drop
[15:25] dino> smr l .85 wide
[15:30] dino> out yrcw .45, +.60
[15:34] dino> wtf, air pocket
01[15:36] @Threei>  no news
[15:37] RonS> ...this morning yrcw and Teamsters announced a deal...maybe details are negative...
01[15:45] @Threei> Short Setup: FB  .70 break
01[15:45] @Threei>  late aletr
01[15:45] @Threei>  sigh
01[15:45] @Threei>  OK
01[15:45] @Threei>  available for entry
01[15:45] @Threei>  usual stop, above .80
01[15:47] @Threei>  1:1
01[15:53] @Threei>  die FB
01[15:53] @Threei>  time's pressing
01[15:54] @Threei>  positive but annoying day
01[15:55] @Threei>  what with server troubles and whole lot of missed moves
[15:55] munky> yea
01[15:57] @Threei>  ok guys, closing last position
01[15:57] @Threei>  thank you all, hopefully we are back to nromal
01[15:58] @Threei>  have a good evening, see you tomorrow
[15:58] nemo> strange word to use here
01[15:58] @Threei>  strange is normal here
01[15:58] @Threei>  so back to normal means as strange as always
01[15:58] @Threei>  makes sense?
[15:58] munky> im confused
[15:58] nemo> do members of the ursine genus defecate in boreal areas?
[15:59] munky> monkeys do lol
01[15:59] @Threei>  that's also normal munky
[15:59] munky> look cat explode up
01[16:00] @Threei>  and FB and SLW dropping




Friday, January 24, 2014

Market Week Wrap-up

TradeTheNews.com  Weekly Market UpdateWinter Is Coming (for Emerging Markets) 



- Global markets went for a rollercoaster ride this week following about a month of tepid, sideways trading. A broad cohort of analysts has been calling for an inevitable correction from record highs and we may be seeing the beginning of the leg downwards. Troubling developments in Chinese financial markets and a huge devaluation in the Argentine Peso late in the week drove back-to-back, triple-digit losses on the DJIA. Over the course of Thursday and Friday, the DJIA and the S&P500 lost about 3% a piece. The first contraction in the flash China HSBC-Markit Manufacturing PMI data in six months also added weight. There was some better data in Europe, although there was almost no positive impact on equities as traders were focused on the global macro picture. The EUR and USD have both appreciated notably as investors seek safe havens, and the yield on the 10-year US Treasury has fallen to 2.72%, its lowest level since last November. For the week, the DJIA dropped 3.5%, the S&P500 lost 2.6% and the Nasdaq declined 1.7%.

- Fresh concerns about China's opaque and over-leveraged banking sector pummeled risk appetite on Thursday. Reports circulated the Industrial & Commercial Bank of China rejected requests from investors to bail out a unit's trust vehicle, China Credit Trust Co.'s high-yield "Credit Equals Gold" fund, which is headed for default on Jan 31st. There have been some reports that suggest Chinese authorities are pushing to let the vehicle default without rescue to "teach investors a lesson." Other reports suggest local provincial officials will scrape together the funds to make investors whole.

- The situation in Argentina worsened all week, and had a pronounced impact on global markets on Friday. On Wednesday, the Argentina Peso weakened by 0.25 to 7.14 to the dollar, and then on Thursday it fell to 8 pesos to the dollar, suffering its biggest daily decline since the crisis of 2002. The central bank intervened and pulled the peso back to 7.79 to the dollar, amounting to a devaluation of more than 15% in just 48 hours. There has been little official explanation for the huge devaluation, although the move comes after the central bank disclosed that foreign reserves had fallen to $29.4B (In 2013 alone, reserves plunged more than $12 billion to $31 billion, down from around $50 billion two years ago) and said it would abandon interventionist monetary policy.

- Natural gas prices spiked up into the $5.00 handle this week for the first time since 2010, as unseasonably cold weather drove up demand. Oil prices also ticked higher, rising off the $92-93 area to test above $96.80. Analysts suggest the opening of new pipelines is finally unclogging the Cushing, Oklahoma bottleneck, draining off stockpiles and boosting demand at Gulf Coast refineries.

- Iran and the west have taken the first steps toward implementing the P5+1 accord reached last November. The UN Nuclear Agency reported Iran has begun suspending uranium enrichment under the deal, leading the EU to formally suspend some sanctions for six months. The White House said it would provide modest sanctions relief per the agreement. At the same time, there were reports that the Iranian government was ready to talk with western oil majors, with even Chevron and ConocoPhillips said to have been approached. Up to 1.2M bpd worth of Iranian production could soon find its way back into markets.

- In its biannual WEO report, the IMF said the global economic recovery is strengthening as countries move away from austerity budgets and financial systems heal. The IMF increased its estimate for world growth this year slightly to 3.7% from 3.6% prior, compared to the 3.0% rate seen in 2013, although it also warned that the global growth rebound remains "weak and uneven." It boosted both China and US GDP forecasts slightly.

- Earnings season rolled along this week, although declines in major names weighed on indices and contributed to the overall slide. Johnson & Johnson, Travelers and Verizon all lost ground on Tuesday despite some decent quarterly results. Travelers more than tripled its Q4 profits versus a year ago on a big decline in catastrophe costs. J&J's saw very strong profit gains, although its initial FY14 outlook was a bit shy of estimates. Verizon's earnings and revenue were way up y/y, although net subscriber additions were less than half the year-ago figure. On Wednesday, IBM reported revenue that were down 5% y/y, thanks largely to ongoing difficulties in the Chinese market. McDonald's Q4 results were not great and comps were terrible, but executives made positive noises about a revamped value menu improving guest traffic in January.

- A few big names reported strong results and fought the prevailing currents. . Microsoft saw modest gains after earnings and revenue totals for its second quarter comfortably beat expectations and offered a rare bit of guidance for the forward quarter that was pretty strong. Consumer names Procter & Gamble and Starbucks were safe havens despite mediocre quarterly numbers. P&G gained although EPS and revenue totals only just met expectations and the firm merely reaffirmed full-year guidance. SBUX slightly topped the consensus view and tweaked its full-year a bit higher.

- At its weekly deposit auction, the ECB failed to fully sterilize bond purchases under its SMP program for the first time ever in a non-holiday market, raising some concerns as to why European banks were seeking so much extra liquidity. The came only a day after eonia spiked up to 0.35% from only 0.14% a week ago. Analysts suggested that rising short-term rates might increase pressure on the ECB to cut its repo rate in February. In any case, eonia eased off later in the week. The better Germany and France PMIs helped drive the euro higher against the dollar, with EUR/USD rising to 1.3690 from 1.3550 in the immediate wake of the data. At Davos on Friday, ECB President Draghi said that even though the recovery is still fragile and risks are to the downside, situation in the Eurozone has improved dramatically over the last year.

- With China jitters building, analysts noted that the environment was strengthening the yen while weakening the Australian Dollar. USD/JPY tested below the 102 level as of Friday, its lowest level since early December, while EUR/JPY approached 140.00. AUD/USD hit three-and-a-half year lows below $0.8760. However China was hardly the Aussie's only problem: RBA Governor Ridout kicked the AUD lower, saying the currency had not fallen enough and AUD/USD around $0.80 would be a fair level for the economy.

- Data is indicating a slow-but-steady economic recovery in the United Kingdom. The pound surged as the ILO Unemployment Rate edged closed to the BOE threshold of 7.0%. GBP/USD gained steadily through Friday morning, rising to just shy of 1.6670, its highest levels since the spring of 2011. The BOE minutes appeared to be a touch dovish and the MPC did not bring up forward guidance. There had been some speculation that BOE Governor Carney could amend forward guidance by changing the unemployment benchmark at which an interest rate hike would be considered to 6.5% from 7% after he said there is no pressing need for a rate increase.

- The Turkish Central bank resisted heavy market pressure to defend a tumbling lira and fight inflation for fear of dampening economic growth ahead of elections this year. The Lira hit fresh record lows against both USD and EUR following the central banking holding rates steady on Tuesday. With the chaos overtaking FX markets later in the week, the central bank was said to have intervened for the first time in two years, by selling dollars.




Jan 24 2014

Another very strong day, with 13:ers all over. Heroes of the day were FB, both long and short, and SLW on the short side. Really strong week for us, with plenty of nice juicy winners.



Session Time: Fri Jan 24 00:00:00 2014

[09:09] {thomcbell} gm all
[09:10] {RonS} forge on all
01[09:11] {Threei}  tbell, ron :)
[09:20] {nemo} spy touched the 50 day in the pre-market
01[09:23] {Threei}  fairly subdued so far
[09:28] {RonS} ksu drubbed
[09:31] {munky} c down
[09:31] {nemo} spy going for the 50
[09:31] {thomcbell} small long ebay
01[09:31] {Threei} Long Setup:  FB  .25 break
01[09:32] {Threei}  If holds  .15
01[09:32] {Threei}  valid
[09:32] {dino} stt beat, drop hard?
01[09:33] {Threei}  1:1 if you got it
[09:35] {thomcbell} out ebay
[09:35] {dino} stt smr l .56 wide/gappy
[09:36] {nemo} iwm gap close
[09:36] {nemo} spy at channel bottoim
[09:37] {nemo} finnies at 50 day
01[09:37] {Threei} Long Setup:  FB  .15 break break
01[09:37] {Threei}  If holds  .05
01[09:37] {Threei}  Invalidated
01[09:38] {Threei} Long Setup:  FB  .10 break
01[09:38] {Threei}  If holds  56
[09:38] {thomcbell} syna unreal
01[09:39] {Threei}  doesn't look right
01[09:39] {Threei}  yeah
01[09:39] {Threei}  If holds  .70  break
01[09:40] {Threei} Long Setup:  C  .70 break
01[09:40] {Threei}  If holds  .60
01[09:40] {Threei}  Invalidated
01[09:41] {Threei}  56 break was short actually... grr
01[09:46] {Threei} Long Setup:  C  .55 break
01[09:46] {Threei}  If holds  .50
01[09:46] {Threei}  meh
01[09:47] {Threei} Long Setup:  FB  .60 break
01[09:47] {Threei}  If holds  .50
[09:48] {dino} c smr l .50
01[09:48] {Threei}  1:1
01[09:49] {Threei}  1:2
01[09:52] {Threei}  1:3
01[09:52] {Threei}  out
[09:52] {nemo} well this is not an inspirational bounce
01[09:52] {Threei}  no, just profitable one
01[09:56] {Threei}  exited just a tad early
01[09:56] {Threei}  C still can't raise its head
[09:57] {ese} morning....just poping in to say hello and then and flying to Red Deer Alberta.....my mom is not doing well and we've been asked by her Doctor to get there.....been a difficult lcouple of days for the family.....cyou Monday
01[09:57] {Threei}  sorry to hear ese
[09:57] {ese} tks vad....have a good weekend
[09:57] {dino} db smr l .50
[09:59] {thomcbell} syna where was the short dino
[10:00] {thomcbell} lol
[10:02] {thomcbell} ebay looks sick here still
[10:02] {nemo} not much looks "well"
[10:02] {dino} sorry tbell, wrapped up in 3 banks
[10:02] {nemo} lvs spready so far
[10:03] {thomcbell} lvs 50 sma is near 76
01[10:05] {Threei} Short Setup: CAT  .50 break
01[10:05] {Threei}  If holds  .60
[10:06] {munky} missed
[10:06] {nemo} good luck with that
[10:06] {munky} anmd i was there too
[10:07] {nemo} bids just dropped out
01[10:07] {Threei}  ugh
01[10:07] {Threei}  1:2
[10:15] {dino} out db flat
[10:17] {dino} db re-load smr l .35
[10:17] {dino} markets whippy
01[10:18] {Threei}  24 Jan 09:52 [SBUX] Full speed ahead in China; recent local press reports of "overcharging" have had no effect on business - cnbc
01[10:19] {Threei}  so, chinese will have to drink SBUX coffee now
01[10:19] {Threei}  this is our revenge on them
01[10:19] {Threei}  cruel...
01[10:21] {Threei}  DDD Citron Research again makes cautious comments
01[10:21] {Threei}  - Citron says immediate target $56, longer term much lower.
01[10:25] {Threei} Short Setup: FB  56 break
01[10:25] {Threei}  If holds  .10
[10:26] {dino} out stt ave .76, +1.20
01[10:27] {Threei}  wtg
[10:27] {dino} thx
01[10:29] {Threei}  1:1
[10:31] {dino} mkt air pocket
01[10:31] {Threei}  1:2
01[10:31] {Threei}  jusat in time, I should say
01[10:32] {Threei}  1:3
01[10:32] {Threei}  out
01[10:33] {Threei}  FB is a day maker
01[10:36] {Threei}  DDD...
[10:42] {dino} wdc smr l .10
[10:46] {dino} dji -3% from jan highs, s/p -2.5%, typically -3 to - 5% gets bounce
01[10:48] {Threei}  DDD feels like another leg down is coming
[10:49] {munky} cat too
01[10:49] {Threei}  .30 break
01[10:49] {Threei}  CAT
01[10:50] {Threei}  worth a try, half lot
[10:50] {nemo} short or long
01[10:50] {Threei}  considering that it's above .30... :)
[10:51] {munky} short
[10:52] {munky} crap look ddd
[10:53] {munky} in cat sh
[10:54] {munky} ddd is .75 lower from vads short mention
[10:54] {munky} nice read
01[10:55] {Threei}  muich better since I've got reading glasses...
01[10:55] {Threei}  easier to tell CAT from EBAY
[10:55] {nemo} wife from mistresses
01[10:56] {Threei}  that's mostly palpation experience
01[10:57] {Threei}  wow FB
[10:57] {thomcbell} y just saw it vad
[10:57] {nemo} wish I had seen that, perfect short setup
[10:57] {munky} DDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDD
[10:58] {munky} didnt know its that wild tho
[10:59] {thomcbell} sm long NOW 59.88
[11:03] {munky} out cat .26 btw
[11:03] {munky} ty
[11:04] {munky} still like cat to lose 86
[11:04] {RonS} bmy pounded
[11:05] {munky} wow
[11:08] {dino} bmy smr l .57
[11:08] {thomcbell} out now
[11:08] {thomcbell} -0.40
01[11:10] {Threei}  1:1  CAT
01[11:10] {Threei}  1:2
01[11:10] {Threei}  done
[11:11] {dino} pru drop
01[11:16] {Threei}  FB... that's one underutilized short, even though it gave us 2 1:3ers
[11:16] {munky} yeah
[11:16] {munky} some nasty falls today
01[11:18] {Threei} Short Setup: SLW  .10 break
01[11:18] {Threei}  I like falls
01[11:19] {Threei}  would love to see another gold plunge... nothing drops better than GLD when goldbugs get disappointed once again
[11:20] {munky} mkt gonna lose 16k
[11:22] {dino} bmy .40 wall
[11:23] {dino} -500 pts dji since tuesday
[11:26] {munky} vad, dime stop slw?
01[11:27] {Threei}  .16
[11:27] {munky} k
01[11:31] {Threei}  1:1
01[11:38] {Threei}  1:2
[11:38] {dino} pru smr l .00
01[11:41] {Threei}  1:3
01[11:41] {Threei}  out
01[11:41] {Threei}  can I go home?
[11:41] {munky} nope
[11:42] {munky} wish i took 10k shares of that one, nice easy slow
01[11:43] {Threei}  1:4
01[11:43] {Threei}  GLD broke down too
[11:44] {dino} bmy drop
01[11:50] {Threei}  [BMY] Weakness attributed to unwillingness to comment on efficacy data regarding yervoy/pd-1 arm of 012 - conf call comments- Question was posed in Q&A. - Also lukewarm for prospects on broad lung program combo
[11:51] {dino} ty
[11:53] {nemo} look for a long trade on vxx this afternoon, people will be buying insurance this weekend
[12:06] {RonS} Smith & Wesson says it will stop selling some guns in California over a law requiring information on bullet casings | http://bloom.bg/1eY8LjB
[12:09] {RonS} deck springing
[12:10] {nemo} deck up from the mat  ;-)
[12:20] {dino} ty ron, out bmy .97, +.40 wild ride
[12:21] {RonS} np
[12:23] {RonS} live pulp
[12:25] {dino} yeah
[12:27] {dino} relentless selling, no bounces
[12:27] {dino} cof hangs tough
[12:32] {dino} stt smr l .72
[12:37] {thomcbell} syna very impressive
[12:44] {Les} yo
[12:45] {Les} kicking back with a drink and long tza .57
[12:45] {Les} holding .50
01[12:45] {Threei}  hey Les
[12:45] {Les} wary of higher low in indexes here
[12:46] {Les} took scenic lake road to avoid shitty highway traffic home this evening
[12:46] {Les} MY GOD the photographic opportunities that presented themselves
[12:46] {Les} awesome driving lakeside. gonna do it every trip
[12:46] {Les} IWM testing the earlier low
[12:46] {Les} die you prick
[12:49] {Les} don't do it
[12:50] {thomcbell} nice call vxx
[12:51] {Les} what was the setup?
[12:52] {Les} tza dumped flat long iwm
[12:52] {Les} db
[12:52] {nemo} it was a comment Les: [11:53] {nemo} look for a long trade on vxx this afternoon, people will be buying insurance this weekend
[12:53] {Les} ah ok
[12:53] {Les} watching it boucne of .75 resistance
[12:53] {nemo} it bounced right at R2
[12:53] {Les} yhge seen
[12:58] {dino} out stt .12, +.40
[12:58] {dino} opps, .06, +.35
06[12:59] * Les slaps RonS around a bit with a large trout
[13:02] {Les} iwm threatens inverse cup and handle
[13:03] {Les} spy showing higher low though
[13:09] {Les} goddam do I have to fight World War 3 for a scalp
[13:09] {Les} finally
[13:09] {Les} iwm 1:1
[13:10] {dino} lol
[13:11] {Les} well at least vad and auntie Ritalin have installed the discipline to trade the setup correctly
[13:11] {Les} but patience still ain't one of my virtues
[13:12] {RonS} good thing eloquence is though...
[13:13] {Les} I name Ron son of Nemo
[13:15] {RonS} :)
[13:16] {Les} http://www.youtube.com/watch?v=9LUv3kbmNfg
[13:16] {Les} Arnie baby
[13:16] {Les} 60 years old and still kickin it
[13:16] {nemo} yeah "Howard"
[13:20] {Les} no ones buyin this bs
[13:20] {Les} out
[13:20] {Les} vxx long interesting here
[13:20] {Les} vwap at .25... can wait
[13:31] {Les} merde VXX exploded off vwap while doing dinner
[13:42] {RonS} Ukraine unrest spreads From Kiev as EU warns of civil war | http://bloom.bg/LQRUqj  pic.twitter.com/ypmVYbxHf2
01[13:45] {Threei}  yeah
01[13:45] {Threei}  kind of incredible to see these sights of familiar places
[13:47] {RonS} hlf acting like it wants 60...
[13:49] {dino} stt smr l .63
01[13:49] {Threei}  Petition asking Prez Obama to deport Justin Bieber to Canada gains popularity
01[13:50] {Threei}  nah, you keep him
[13:50] {dino} jazz drop
[13:50] {RonS} ese fired?
[13:51] {Les} long iwm .52 holding the low last go
[13:52] {thomcbell} wuba short setup 36.25 break if holding 36.35
[13:52] {Les} 1:1
[13:52] {thomcbell} only doing a half lot
[13:54] {thomcbell} invalid - watching for another setup
[13:58] {Les} I£WM stop
[13:58] {Les} spy gonna let go
[14:00] {Les} outta here gonna watch Django Unchained. bon weekend
01[14:07] {Threei} Short Setup: FB  .90 break
01[14:07] {Threei}  If holds  55
01[14:14] {Threei}  1:1
[14:21] {nemo} gmail down globally
01[14:21] {Threei}  life as we know it is over
[14:21] {nemo} the company that designed the healthcare website must be in charge
[14:23] {RonS} hlf
[14:26] {RonS} hlf...ack ack ack!!!...
[14:27] {RonS} ...loved that movie...
[14:28] {RonS} bingo hlf 60 break...
[14:29] {dino} dji -600 pts since tuesdays' open (4 days)
[14:36] {RonS} sheesh trv beat...
[14:45] {dino} yeah, trv, wdc, cof, stt, bmy all beat
[14:45] {dino} on watch list for next week
[14:51] {dino} bmy smr l .31
[14:55] {RonS} mlm...they must think stands for multi-level marketing...
01[14:55] {Threei}  lol
[14:57] {RonS} txn purchase rumor then denied...mlm
[15:12] {nemo} vxx
01[15:24] {Threei} Short Setup: FB  .50 break
01[15:24] {Threei}  If holds  .60
01[15:26] {Threei}  time to crash, FB
01[15:27] {Threei}  good girl
01[15:28] {Threei}  no no, don't bounce... recrash
[15:34] {dino} meli down about 6 off that agentina devalue
[15:35] {dino} down about 16 i mean
[15:38] {dino} bmy stop -.20
[15:39] {RonS} outta here, see you guys Monday
01[15:40] {Threei}  take care ron
01[15:40] {Threei}  ok guys, thank you all
01[15:40] {Threei}  great end to the good week
01[15:41] {Threei}  have a good weekend, see you Monday
[15:43] {dino} cya 3i
[15:45] {thomcbell} wuba there again
[15:50] {dino} out stt flat. thats it for me, gn, dino afk

Thursday, January 23, 2014

Jan 23 2014

When you open the day like this, you have a pleasant choice - stay for more or go back to sleep.


We elected to stay and added a few more winners, including nice 1:3 on EBAY.

Session Time: Thu Jan 23 00:00:00 2014
[09:00] {Les} yo
01[09:00] {&Threei}  Les :)
[09:01] {nemo} can the day get any worse
[09:01] {Les} sure
[09:01] {Les} you could be hit by a car
[09:01] {nemo} did that already
01[09:01] {&Threei}  car is totaled?
[09:01] {nemo} it was actually an 18 wheeler hauling gasoline
[09:01] {Les} doesn't count
[09:02] {Les} girlie man
[09:02] {nemo} excuse me?
[09:02] {nemo} an 18-wheeler hauling 12,000 gallons of gasoline doesn't count?
[09:02] {Les} course it doesn't
[09:03] {Les} :)
06[09:03] * nemo is speechless
[09:03] {Les} bout bloody time
[09:03] {nemo} I can't believe how much I overestimated your cognitive abilities
[09:03] {Les} and...?
[09:04] {nemo} that's what left me speechless
[09:04] {Les} Euro higher low looking like slow asphxiation for EU
[09:10] {Les} got home midday and saw the charts... one SPY short at 1:30 constituted the day's trading
01[09:18] {&Threei}  Justin Bieber arrested for drag racing and DUI in Miami Beach, Fla., police say
01[09:18] {&Threei}  there is still hope for humanity
[09:19] {Les} hopefully he can smash himself into a tree at 150MPH too in the not too distant future
[09:20] {nemo} I like the idea of being burn't over like 90% of his body
01[09:20] {&Threei}  I am not that bloodthirsty, I will settle for release under firm promise never to sing anymore
[09:20] {nemo} and make him have a vasectomy
[09:21] {robbers} I hope he meets someone in jail who thinks he's cute.
01[09:21] {&Threei}  lol
[09:21] {RonS} howdy doodies
[09:21] {nemo} yeah, he'll really get to work on his oral skills
01[09:21] {&Threei}  ron :)
[09:21] {cc_7} Financial data firm Markit said its preliminary U.S. Manufacturing Purchasing Managers Index dipped to 53.7 from December's reading of 55.0. Economists polled by Reuters expected no change.
[09:21] {nemo} where's Dino?
[09:22] {robbers} Squeal like a pig in C minor.
01[09:22] {&Threei}  digs out?
01[09:22] {&Threei}  cc7 :)
[09:22] {RonS} managing his real estate empire?
[09:22] {nemo} he'd be a good guy to have as a landlord
01[09:22] {&Threei}  (GR) Troika doesn't want to agree any terms with Greece before their return - press- Eurogroup to state Greece must comply with the Troika - Troika doesn't want lengthy negotiations with Greece
[09:23] {RonS} ya, you pay the rent, he says he is lucky...
01[09:23] {&Threei}  do these european imbeciles even know what "troika" refers to?
[09:26] {RonS} you would think the word troika would be an anathema to a Greek
[09:27] {dino} gm
01[09:27] {&Threei}  dino :)
[09:27] {RonS} since if they were ese it would be spelled troyka...
01[09:29] {&Threei}  lol
01[09:30] {&Threei} Short Setup: C  .50 break
01[09:30] {&Threei}  If holds  .60
01[09:30] {&Threei}  1:1
01[09:31] {&Threei}  1:2
01[09:31] {&Threei}  1:3, out
[09:32] {robbers} Nice call.
[09:35] {dino} trv sm l .90
01[09:37] {&Threei} Long Setup:  FB  56 break
01[09:37] {&Threei}  If holds  .90
01[09:38] {&Threei}  struggle
01[09:41] {&Threei}  (US) Preview: Dec Existing Home Sales expected at 10:00 ET (15:00 GMT)- Consensus expectations: 4.92Me v 4.90M prior
01[09:42] {&Threei} Short Setup: C  .20 break
01[09:42] {&Threei}  If holds  .30
01[09:42] {&Threei}  FB 1:1
01[09:42] {&Threei}  finally
01[09:43] {&Threei}  1:2
01[09:43] {&Threei}  dam's broken
[09:43] {Les} straight up scalp for .17 ty
01[09:43] {&Threei}  yw
[09:43] {Les} in spy long from .86 too
01[09:44] {&Threei}  1:3
[09:44] {munky} out .34 ty nice
01[09:44] {&Threei}  out
01[09:44] {&Threei}  :)
[09:45] {Les} quarter off spy .15
[09:46] {Les} last quarter at .95 let's see if we climb outta this hole
[09:47] {Les} damn great call on FB
01[09:49] {&Threei}  C is valid again
[09:49] {dino} cof wall/trigger .00 sm l
[09:50] {dino} trv stop .60 -.30
[09:51] {nemo} hey dino: http://goo.gl/DSBj1i
[09:51] {Les} nice base C 2 way?
[09:51] {Les} if support holds?
[09:52] {Les} short it is
01[09:53] {&Threei}  1:1
[09:54] {Les} half ty
01[09:54] {&Threei}  yw
[09:54] {dino} wdc sm l .00
[09:59] {Les} VXX pop on high volume
[09:59] {Les} nevermind vol. changed
01[09:59] {&Threei}  *(US) DEC EXISTING HOME SALES: 4.87M V 4.92ME
01[10:00] {&Threei}  HLF Senator Markey (D-MA) calls on US Govt regulators to investigate the company - financial press (related USNA BTH NUS )
01[10:00] {&Threei}  hey... Ackman found support in senate
[10:00] {dino} ackman buying senators
01[10:00] {&Threei}  :)
01[10:01] {&Threei}  IMF Lagarde: Need to remain vigilant about bubbles; not observing any asset bubbles on the verge of bursting at the moment
[10:01] {Les} dumb broad
01[10:01] {&Threei}  that's right, we need to wait until they are on the verge of bursting
01[10:02] {&Threei}  imbecilette
[10:02] {Les} frik my english sux
01[10:02] {&Threei}  so's my swuahili
[10:03] {nemo} MA
[10:03] {Les} VXX potential DT
[10:04] {Les} oh no, broad is spelt like that. sheesh
[10:05] {Les} too much medication
[10:05] {dino} out wdc .80, +.80
[10:05] {Les} gj
[10:05] {dino} ty
[10:06] {nemo} hey dino:  http://goo.gl/DSBj1i
[10:10] {dino} lol
[10:10] {nemo} thought you'd get a kick out of that
[10:11] {dino} been a long time
[10:11] {nemo} what's worse, I vaguely remember watching it
[10:11] {dino} i don't
[10:11] {dino} what year was it 68?
[10:11] {RonS} 69
[10:12] {nemo} or 69 not sure, I was little, but I remember Joe Willie and my father watching it
[10:12] {dino} i was 4
01[10:21] {&Threei} Short Setup: GLD  .75 break
[10:21] {nemo} a little early, isn't it?  ;-)
01[10:21] {&Threei}  If holds  .85
01[10:21] {&Threei}  setup forms when setup forms...
[10:21] {nemo} just kidding, the afternoon short schedule
[10:22] {dino} strange 07 barely moving
[10:23] {dino} re-booting it
[10:39] {dino} rgr smr l .67 gappy
[10:58] {Les} GLD dickin around. took 2nd entry managed only  partial cover now shits itself
01[10:58] {&Threei}  GLD is being taken outside and shot
[10:59] {nemo} sloppy seconds Les, moving up in the world
[11:03] {Les} when I grow up I wanna be cynical and nasty just like you
[11:04] {nemo} just a reporter, that's all I am
[11:05] {Les} yeh unbiased and all
[11:05] {Les} took gld secondary bounce short
[11:05] {Les} yeeehaaaa
[11:06] {Les} all covered DB
01[11:08] {&Threei}  wtg
[11:09] {Les} nothing important money wise just practising my setups
[11:09] {nemo} oh
[11:10] {nemo} wearing kneepads?
[11:10] {Les} I could for you
[11:11] {Les} VXX bands tightening
[11:11] {Les} move coming
[11:12] {nemo} wow, that skeeved me wicked
[11:13] {Les} long IWM  .02 holding .94
[11:15] {Les} learning something new everyday with Nemo...
[11:15] {Les} happy to freak you out
[11:15] {Les} half out iwm
[11:19] {Les} quarter off .18
[11:19] {Les} http://www.youtube.com/watch?v=S06nIz4scvI
[11:24] {dino} trv sm l .10
[11:27] {Les} indexes weak
[11:27] {Les} still got a quarter for iwm at vwap .30
01[11:28] {&Threei}  Herbalife Ltd. Spokesperson confirms received letter from Sen Markey; look forward to addressing concerns as soon as possible
[11:32] {Les} Sen Markey shorting HLF is he?
01[11:32] {&Threei}  or invested in ackman's fund
[11:32] {Les} right
[11:34] {Les} c'mon VXX break this level
01[11:35] {&Threei} Short Setup: FB  .20 break hl
01[11:35] {&Threei}  If holds  .30
01[11:38] {&Threei}  1:1
[11:54] {Les} all out iwm +.12
[11:54] {Les} taking break
01[12:08] {&Threei} Long Setup:  MCD  .95 break
01[12:08] {&Threei}  If holds  .90
01[12:23] {&Threei}  meh
01[12:35] {&Threei}  rinse
01[12:35] {&Threei}  dirty rotten scoundrel
01[12:38] {&Threei}  1:2... ^%@*(&$
01[12:38] {&Threei}  I mean 1:3
01[12:52] {&Threei}  BlackBerry Pentagon reportedly denies any new order was placed for phones - tech blogs
01[12:52] {&Threei}  so much for resurrection
[12:53] {nemo} that should be the stake in the heart
[12:53] {nemo} support at 0
01[13:02] {&Threei}  rob ford is not the only canadian politician who can do unexpected things
01[13:02] {&Threei}  http://www.telegraph.co.uk/men/the-filter/virals/10589471/Canadian-Prime-Minister-plays-Hey-Jude-to-Israels-Benjamin-Netanyahu.html
01[13:02] {&Threei}  ese would really hate this
[13:14] {thomcbell} slw looking long here vad
[13:14] {thomcbell} 22.52 long break?
[13:15] {thomcbell} nope
01[13:17] {&Threei}  kind of meandering
01[13:17] {&Threei}  missed very good morning, tbell...
[13:17] {thomcbell} sndk and mu impressive
[13:45] {thomcbell} always Vad
01[13:46] {&Threei}  look at this: https://www.facebook.com/RealityTrader/posts/708815429153135
[13:48] {Les} starting to get interesting
01[13:48] {&Threei}  lookiong for bounces to short
[13:49] {Les} looking for intraday capitulation
[13:50] {Les} vol. ain't exciting though
[13:50] {Les} RIG might give way shortly
01[13:51] {&Threei}  IWM, if bounces into .85 - .90 zone, should be a short
[13:51] {nemo} indexes getting extended here careful
01[13:55] {&Threei} Short Setup: FB  .10 break
[14:01] {Les} db on the spy long .92
[14:03] {nemo} watch the trendline Les
[14:03] {Les} seen
[14:05] {Les} half off at resistance here
[14:05] {Les} not sure this market's got the minerals
01[14:05] {&Threei}  no go
[14:06] {Les} get up there you dog
[14:07] {Les} sit Nemo
[14:08] {thomcbell} upl 23.57 long break
[14:08] {thomcbell} if holding 0.50
[14:09] {Les} whadya reckon Nemo
[14:09] {Les} VWAP or bust?
[14:10] {Les} spy .50 certainly looks doable
[14:10] {RonS} sure, that's it...just ask ese:  Obama: My Poll Numbers Are Down Because I'm Black http://wp.me/p3KLak-26q
[14:11] {Les} yeh we aussies be throwing colour like that in detention camps now
[14:12] {Les} different sorta race politics, but that be about all they got to play now...
[14:12] {RonS} prob is...he's a half-breed...
[14:13] {Les} oooph distancing myself from that one Ron...
[14:13] {Les} at least it ain't tax related. Means the NSA won't be rounding you up :P
[14:16] {Les} quarter here at .14
[14:18] {nemo} .20 an inflection level Les
[14:20] {thomcbell} flattening upl
[14:21] {Les} last quarter .24
[14:22] {Les} that'll do donkey, that'll do
[14:26] {Les} need my beauty sleep a+
01[14:32] {&Threei} Long Setup:  EBAY  .50 break hl
01[14:33] {&Threei}  If holds  .40
01[14:40] {&Threei} Long Setup:  EBAY  .35 break hl
01[14:40] {&Threei}  If holds  .25
01[14:47] {&Threei}  1:1
02[14:50] * Disconnected
Session Close: Thu Jan 23 14:50:05 2014

Session Start: Thu Jan 23 14:50:05 2014
Session Ident: #discussions
02[14:50] * Attempting to rejoin channel #discussions
03[14:50] * Rejoined channel #discussions
01[14:50] {Threei}  oops
[14:50] {RonS} connection fell asleep?
01[14:50] {Threei}  I guess
[14:50] {nemo} old like Vad
[14:55] {dino} odd drop and pretty much sit day
[15:11] {thomcbell} molto bene ebay
01[15:11] {Threei}  1:2
[15:11] {RonS} took ebay .36 to .58 +.22 thanks 3i
01[15:11] {Threei}  :)
01[15:11] {Threei}  1:3
01[15:11] {Threei}  out
[15:11] {dino} gj
01[15:11] {Threei}  full day of 1:3ers
01[15:17] {Threei} Short Setup: GLD  .70 break
01[15:17] {Threei}  If holds  .80
[15:23] {dino} conn spike
01[15:27] {Threei}  [HLF] Icahn: Have not sold any shares of Herbalife stock, stock is undervalued
01[15:27] {Threei}  hehe
01[15:27] {Threei}  duel between these two is the highest suspense of this kind I've ever seen
[15:28] {dino} conn sm s .64
[15:28] {thomcbell} two tremendous egos
01[15:32] {Threei}  yes
01[15:32] {Threei}  but only one of them is stupid enough to walk in the room full of well-heeled egos managing huge money and say "I am short this stock to the gills"
01[15:33] {Threei}  inviting gigantic short squeeze o
[15:33] {nemo} talk about being a tall tree
01[15:33] {Threei}  ekzaqtly
01[15:33] {Threei}  and screaming loufdly "look how tall I am"
[15:34] {nemo} a violation of the three treasures if ever there was one
[15:34] {dino} cov conn .34, +.30
01[15:42] {Threei}  wtg
[15:43] {dino} ty, slow day for me
01[15:44] {Threei}  no go
01[15:44] {Threei}  OK guys, thank you all
01[15:44] {Threei}  have a great evening, see you tomorrow
01[15:49] {Threei}  (US) White House senior health-care adviser Chris Jennings to leave post - financial press- Cites health, family reasons
01[15:49] {Threei}  as in: I don't want my family to beat me up