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

Feb 26 2014

That was very interesting day. How often  do you start with 4 stops in a row, and end up nicely profitable? This was exactly what happened. In the first 30-40 min we got stopped and rinsed 4 times; then made 7 winning trades most of which were 1:3ers, and ended up nicely up. Things sometimes go in clusters - stay calm and make good trades.

Session Time: Wed Feb 26 00:00:00 2014

01[08:59] {Threei}  morning dino
[09:01] {dino} another single digit day, lasting thru saturday
01[09:01] {Threei}  misery is endless this year, isn't it
[09:02] {dino} yes, started in november, been below average ever since. plus about 2 feet over in snow, with more coming today and this weekend
[09:03] {fish_49} snow again
[09:04] {dino} yes
01[09:04] {Threei}  (RU) Russian Defense Min: Russian military readiness tests are not related to Ukraine unrest*note earlier today: Russia President Putin reported orders western and central military districts to test combat readiness of troops - press
01[09:04] {Threei}  but of course
[09:04] {fish_49} lol
[09:05] {fish_49} scare tactics
01[09:06] {Threei}  dino, even we have weird winter... just one day wonder but look: https://www.facebook.com/VadymGraiferPhotography/posts/612107885535397
[09:10] {fish_49} no yellow snow there Vad  lol
[09:11] {darekj} gm all
[09:11] {fish_49} DJ
01[09:11] {Threei}  darek :)
01[09:12] {Threei}  (UR) Reportedly pro-Russia and pro-Ukraine protestors are clashing in the Crimea region city of Simferopol; reportedly explosions heard near Crimea parliament in Simferopol - press- Pro-Ukraine protestors are said to be trying to break into the regional parliament. - Reports assert that at least one protestor is dead after clashes. - Separately, Volodymyr Konstantinov, the chairman of the Supreme Council (Verkhovna Rada) of the Autonomous Republic of Crimea, has dismissed allegations circulated by some media outlets that Crimean lawmakers plan to make some radical decisions at an extraordinary plenary session, possibly including Crimea's secession from Ukraine
01[09:12] {Threei}  (US) Dallas Fed's Richard Fisher (FOMC voter, hawk): Significant market correction won't halt taper- Happy with current rate at which Fed is winding down QE
[09:13] {RonS} hello everyone
[09:13] {fish_49} Ron
[09:14] {RonS} ese coming back soon?
01[09:15] {Threei}  ron :)
01[09:15] {Threei}  he never left
01[09:15] {Threei}  he is just in and out on his own schedule
01[09:16] {Threei}  which is one of the great world misteries
01[09:16] {Threei}  mysteries
[09:16] {fish_49} when the warden lets him out?
[09:18] {dino} .
01[09:30] {Threei}  C looks two-sided .40- .50
01[09:30] {Threei} Short Setup: C  .40 break
01[09:30] {Threei}  If holds  .50
01[09:30] {Threei} Long Setup:  C  .50
01[09:30] {Threei}  If holds  .40
01[09:32] {Threei}  no go
[09:33] {fish_49} was cc8 around this morning?
01[09:33] {Threei}  first instinct was right
01[09:34] {Threei}  haven't seen him
01[09:34] {Threei}  why, your guy is cc7
[09:34] {fish_49} oh  we have assigned guys?
01[09:35] {Threei}  cc7 runs DAS-related matters
[09:35] {fish_49} I layed out my C order and it was in my orders window then in an instant gone and I never hit the keyboard
[09:35] {fish_49} I got lucky
[09:36] {fish_49} but I want him to llok at the order and see why/who cancelled
01[09:36] {Threei}  skype him
[09:36] {fish_49} yea
[09:36] {fish_49} ty
[09:36] {RonS} sm l rgr 60.93
01[09:36] {Threei} Short Setup: FB  .10 break hl
01[09:36] {Threei}  If holds  .20
01[09:40] {Threei}  meh
01[09:40] {Threei}  jerky ooening
[09:41] {dino} nice rgr ron
01[09:44] {Threei} Short Setup: FB  .50 break hl
01[09:44] {Threei}  If holds  .60
01[09:46] {Threei}  hmmm... is it one of those days when I better go back to bed?
[09:47] {fish_49} not yet
01[09:47] {Threei}  not getting rhythm right
[09:49] {fish_49} Anyone trade DLTR?
01[09:50] {Threei}  somg FB
01[09:50] {Threei}  rinsed
01[09:53] {Threei} Long Setup:  EBAY  .90 break
01[09:53] {Threei}  If holds  .80
01[09:54] {Threei}  sheesh
01[09:54] {Threei}  back to bed
[09:54] {nemo} 10 numbers
01[09:54] {Threei}  trading gods got angry with me for the last couple days of beating they took
[09:55] {nemo} better than having your liver eaten every day
[09:56] {fish_49} ebay really suckies
01[09:57] {Threei}  second rinse
[09:58] {fish_49} news in a minute or two maybe after that  things will be of some normalcy
[09:58] {fish_49} is that a word Nemo?
01[09:59] {Threei}  P Hearing strength attributed to renewed takeover chatter- MSFT speculated as possible suitor
[09:59] {fish_49} that would be a good match
01[09:59] {Threei}  *(US) JAN NEW HOME SALES: 468K V 400KE
[09:59] {nemo} yes Fish, just should never be used in conjunction with you
[10:00] {fish_49} ty Nemo  Love you bro
[10:02] {dino} out remaining z swing, +5.12
01[10:02] {Threei}  wtg
[10:02] {fish_49} nice
[10:02] {dino} ty
01[10:02] {Threei} Long Setup:  P  .40 break hl
01[10:02] {Threei}  If holds  .30
01[10:02] {Threei}  Invalidated
[10:02] {dino} dltr sm s .97
01[10:03] {Threei}  that's an improvement
[10:03] {RonS} gj z
[10:05] {dino} ty
[10:06] {dino} cri wierd
01[10:07] {Threei} Short Setup: FB  .85 break
[10:07] {dino} watching sina, rgr, cri, clh
01[10:07] {Threei}  If holds  .95
[10:08] {thomcbell} RUSSIA CLOSE TO SIGNING AGREEMENTS ON ESTABLISHING MILITARY BASES IN CUBA, VENEZUELA, NICARAGUA AND SEVERAL OTHER COUNTRIES - SHOIGU - IFX
[10:08] {dino} aegr blood
[10:09] {RonS} the O a real James Madison eh?
01[10:10] {Threei}  one of the popular jokes in certain circles, Ron:
01[10:11] {Threei}  Few leaders did as much for Russia empowerment as Obama
[10:11] {RonS} lol...that's it?
01[10:11] {Threei}  yes... sorry...
[10:12] {RonS} lol...someone needs to work on their punchline...  :)
01[10:13] {Threei}  stop to .91
01[10:13] {Threei}  1:1
01[10:13] {Threei}  by the book from here
01[10:13] {Threei}  wow... something works finally
01[10:13] {Threei}  1:2
01[10:15] {Threei}  out last piece on a trail
[10:15] {fish_49} ty
[10:15] {dino} aegr smr l .82 wide/pulp
01[10:15] {Threei}  yw... let's get 5 more like this
01[10:15] {Threei}  and I will leave this day in the calendar
01[10:16] {Threei} Long Setup:  MCD  .50 break
[10:16] {dino} out aegr .42, +.60
[10:16] {RonS} wtg
01[10:16] {Threei}  nice scalping footwork there dino
[10:16] {dino} ty
01[10:16] {Threei}  If holds  .43
[10:17] {dino} dltr stuck, tighten to .05
[10:18] {dino} crcm drop
[10:22] {dino} ty fish for idea, cov dltr .67, +.30
01[10:27] {Threei}  stop to .46
01[10:28] {Threei}  half out
01[10:28] {Threei}  stop to .49
01[10:29] {Threei}  1:1
[10:29] {dino} trla sm l .99 stop .89
[10:31] {fish_49} letting the burger run for the day with a stop at .53 on my last half
01[10:34] {Threei}  it'son a slowish side today but if takes .65, should gain some speed
[10:34] {fish_49} not much volume but the volume pattern looks right
01[10:35] {Threei}  well, low volume on burgers is rather healthy thing
[10:35] {fish_49} lol
[10:36] {fish_49} stop to .55
01[10:36] {Threei}  crap... I know what's wrong with today
01[10:36] {Threei}  mojo is not here!
[10:40] {dino} zltq hooker. sm l .70
[10:40] {fish_49} out in full
[10:40] {fish_49} ty Vad
01[10:40] {Threei}  yw
[10:42] {dino} trla stop .89 -.10
[10:44] {RonS} vjet sm long .35 hooker+
[10:44] {dino} out zltq .04, +.34
01[10:48] {Threei} Short Setup: WMT  .70 break
[10:50] {dino} crcm getting crunched
01[10:50] {Threei}  If holds  .75
[10:52] {RonS} out vjet .86 +.51
01[10:53] {Threei}  wtg
01[10:53] {Threei}  wtjet
[10:53] {dino} pega drop
[10:56] {RonS} out rge 61.80 from 60.61 ave +1.19
[10:56] {RonS} rgr
[10:57] {dino} wtg
[10:57] {RonS} missed my 62.65 target by 2 cents...man does that piss me off...
[10:58] {dino} that really sucks, lol
[11:00] {thomcbell} sbh kind of interesting here 28.26 long break if holding 28.15
01[11:03] {Threei}  half out
01[11:04] {Threei}  1:1
01[11:04] {Threei}  slowly digging out
[11:04] {thomcbell} sbh 1:1
[11:07] {dino} gj
[11:11] {dino} pega, db maybe
[11:13] {thomcbell} tol watching here
01[11:13] {Threei}  (UR) NATO: We back Ukrainian sovereignty and territorial integrity - statement from NATO defense ministers
01[11:13] {Threei}  and?
01[11:14] {Threei}  will you go to war?
[11:14] {dino} we will talk strongly but do nothing
[11:14] {thomcbell} pullback to 38.90 buyable - long small for breakout too
01[11:14] {Threei}  as you did when Putin invaded Georgia?
01[11:14] {Threei}  imbeciles
01[11:14] {Threei} Long Setup:  FB  .90 break
01[11:14] {Threei}  If holds  .80
01[11:16] {Threei}  71 break will really catapult FB
[11:16] {thomcbell} sbh 1:2
01[11:16] {Threei}  1:1
01[11:17] {Threei}  1:2
01[11:18] {Threei}  will try for 1:4
[11:18] {RonS} took fb +.24 thanks 3i
01[11:18] {Threei}  :)
01[11:18] {Threei}  very clean setup
[11:19] {fish_49} huh?
[11:19] {fish_49} waaaaa
01[11:19] {Threei}  can't believe fish missed it...
01[11:19] {Threei}  1:3
[11:19] {fish_49} out wmt +.02
[11:19] {dino} he swam away
[11:19] {fish_49} i lost power  trading on the laptop now
[11:19] {nemo} wish he lost mirc
01[11:19] {Threei}  :(
[11:19] {darekj} ty Vad
01[11:19] {Threei}  yw darek
[11:19] {fish_49} for what it's worth  the trade desk very responsive and quick to get me out of the trade
[11:20] {goinshort} V how did you decide the 71 was the "catapult"  ?
01[11:20] {Threei}  trading gods relented and took my urgent sacrifice of chicken entrails
[11:20] {goinshort} out FB thanks !!
01[11:20] {Threei}  yw sir
01[11:21] {Threei}  look at intraday...
01[11:21] {Threei}  .90 was clear long trigger,
01[11:21] {Threei}  ascending triangle
01[11:21] {Threei}  but before that, FB tested .97 twice
01[11:22] {Threei}  retreated, then formed this triangle we took now.
01[11:22] {Threei}  What ahppens next is:
01[11:22] {Threei}  triangle break gives it enough power to take that .97, which is nolt really actual resistance,
01[11:22] {Threei}  that would be even nimber right above, 71.
[11:23] {goinshort} I get it !  thanks
01[11:23] {Threei}  Taking round number, which is new high for the day, with momentum created by this triangle break - all the comnponenets in place for a verticla spike
01[11:23] {Threei}  which is exzctly what happened
01[11:24] {Threei}  sheesh... my typing IS atrocious
[11:24] {thomcbell} tl no go
[11:24] {thomcbell} tol
01[11:25] {Threei}  with this 1:3 I am actually back to even
01[11:25] {Threei}  almost
01[11:25] {Threei}  one more win is needed
01[11:25] {Threei}  fish, what price did they get for you over the phone?
[11:31] {fish_49} .68
01[11:32] {Threei}  uh
01[11:32] {Threei}  went to 1:1...
[11:32] {dino} anfi sm l .05
[11:32] {fish_49} while I was trying to get connected
[11:33] {fish_49} it was falling and I was ready to get out half  and wala power
[11:34] {fish_49} hen I called it was moving up  he said current price .66 then he got me out at .68
[11:34] {dino} dltr? misses by .04 andguides lower, +3
[11:34] {fish_49} which was a blessing since I was short 1000 shares it covered my comms
[11:38] {fish_49} sorry Nemo I'm back
[11:39] {thomcbell} sbh 1:3
[11:40] {dino} gj
[11:40] {thomcbell} took the trade
[11:42] {dino} no, but followed it, nice call
[11:42] {dino} brb
01[11:51] {Threei}  I like this:
01[11:51] {Threei}  Crimean police ordered to prevent clashes at any cost
[11:52] {fish_49} won't that create a clash?
01[11:52] {Threei}  what if cost is the clash?
01[11:52] {Threei}  exactly
[11:53] {fish_49} I pity the police in this situation....
[11:54] {fish_49} They have to follow orders and I'm certain there will be some  that agree with the oposition
[11:58] {dino} qunr drop
01[11:58] {Threei} Short Setup: WMT  .50 break
01[11:58] {Threei}  If holds  .60
[11:58] {RonS} vend rug pull
[12:06] {thomcbell} tol really
01[12:06] {Threei} Long Setup:  FB  .90 break
01[12:06] {Threei}  If holds  .80
[12:08] {fish_49} 2 sided
[12:09] {RonS} vape smokin...
01[12:09] {Threei}  lol
01[12:14] {Threei}  Invalidated  FB
01[12:16] {Threei}  1:1 if went with fish idea
[12:16] {dino} esi drop
[12:17] {fish_49} curious why .50  on wmt  not .52?  round number?   looks like range is .52 and .62?
01[12:18] {Threei}  when it's that close to round number, I prefer to use it as more batural support level
01[12:18] {Threei}  natural too
[12:18] {fish_49} ok
[12:19] {nemo} iwm might have to push through to get the 118 stops
01[12:19] {Threei}  most likely such numbers as .52 hold simply because there is huge support right under it, and buyers step up in front of that
01[12:20] {Threei}  but to trigger the trade break of that support is needed
01[12:20] {Threei}  (Yodaspeak)
[12:20] {fish_49} thanks for the explanation Vad.  It makes sense  and gives lil more confirmation
[12:23] {dino} esi gap fill
[12:24] {dino} esi smr l .90 pulp
01[12:25] {Threei}  see how selling accelerates after .50 break?
01[12:25] {Threei}  unlike .52
[12:26] {fish_49} yep
[12:26] {thomcbell} on which one vad?
[12:26] {fish_49} wally world
01[12:26] {Threei}  WMT
[12:26] {dino} out esi .60, +.70
[12:26] {RonS} wtg
[12:26] {dino} ty
[12:27] {dino} pega smr l .15 ave
01[12:28] {Threei}  just got an e-mail from trading gods: "This time you get away with chicken entrails. Next time it's 5lb of finest cheeses, 5 gallons of fine wine and 2 virgins."
01[12:29] {Threei}  hmmm
[12:29] {nemo} where u gonna' find virgins?
[12:29] {fish_49} everything is fine  but 2 virgins?
[12:29] {thomcbell} akam 62 break if holding 62.10
01[12:29] {Threei}  that's my major headache, yeah
[12:29] {fish_49} The only Virgin I know is Olive Oil
[12:29] {nemo} extra virgin
[12:30] {thomcbell} might need some sideways first
01[12:30] {Threei}  last time I spoke to her, she denied being a virgin, fish
[12:30] {fish_49} Nemo got her?
[12:30] {dino} vips crazy
[12:30] {nemo} made that mistake once
01[12:31] {Threei}  mumbled something about russian vodka being strong medicine against virginity
01[12:31] {Threei}  and added that vodka doesn't mesh well with oil
01[12:32] {Threei}  stop to .56
[12:32] {dino} ocn drop
[12:34] {thomcbell} no go akam
01[12:35] {Threei}  half out
01[12:35] {Threei}  stop .51
[12:42] {goinshort} what is a very good russian vodka?
[12:42] {nemo} there isn't one
[12:42] {goinshort} lol
[12:42] {nemo} not unless you like it by octane rating
01[12:42] {Threei}  not true at all nemo
[12:43] {nemo} well, one to which we have access
01[12:43] {Threei}  Russian Standard is fantastic
[12:43] {nemo} I never see that around here, and I live in a communist state
[12:43] {goinshort} is that grain or potato?
01[12:43] {Threei}  it's in every liquor store here
01[12:43] {Threei}  grain
[12:43] {nemo} this might be the top for the day
[12:45] {nemo} IWM is leading 118.25 is likely roof
01[12:47] {Threei}  US sellers: http://www.wine-searcher.com/find/standard+original+vodka+russian
01[12:50] {Threei}  ok Walmart... time to recrash
[12:51] {goinshort} looks like I can get it in St. louis
[12:52] {fish_49} try any local store and ask them to get it for you
[12:52] {fish_49} if they can't  then go to another local store
[12:52] {goinshort} will do
[12:52] {fish_49} I have done that with beer and some times  able to get it from half way across the country
01[12:53] {Threei}  don't freeze, just chill
01[12:53] {Threei}  it has character, it's not just a smooth tasteless vodka
[12:53] {nemo} oh, so it's not like Fish
[12:53] {dino} just what i need, more chacters in my life
01[12:53] {Threei}  lol
[12:54] {fish_49} Vad you laughed at that?  I thought you had class
[12:54] {goinshort} lol
01[12:54] {Threei}  at what? I laughed at dino's line
[12:54] {nemo} yes, funny you don't recognize it fish
01[12:54] {Threei}  for nemo I have this:
06[12:54] * nemo load drum
06[12:54] * Threei slaps nemo around a bit with a 10 lb frozen salmon
[12:54] {nemo} vicious
06[12:54] * Threei takes a bow
[12:55] {nemo} pass the wasabi
[12:55] {nemo} tza might be worth a shot here
[12:55] {fish_49} Nemo got slapped by my frozen cousin  cool  she has a hard right hand
[12:55] {fish_49} fin
[12:55] {nemo} since we can't short iwm
[12:55] {nemo} having said that, we're right at channel support
[12:55] {fish_49} why can't you short it?
[12:55] {dino} relgous reasons
[12:55] {nemo} because it doesn't say "S"
01[12:55] {Threei}  Zaratustra wonn't allow him
01[12:56] {Threei}  lol dino
[12:56] {dino} my spelling sucks today
01[12:56] {Threei}  my fault dino
01[12:56] {Threei}  sorry
01[12:56] {Threei}  my typing rubs off
[12:56] {nemo} set the price .20 higher then bbo and try to short it fishface
[12:56] {nemo} youl get Send_Rej
[12:56] {nemo} dufus
01[12:57] {Threei}  thEn?
01[12:57] {Threei}  thEn???
[12:57] {fish_49} oh  ok  I would never try to short it  so I had no Idea
01[12:57] {Threei}  sigh
01[12:57] {Threei}  grammar police
01[12:57] {Threei}  urgent
[12:57] {fish_49} dufus was spelled correctly Vad
06[12:57] * nemo would like to taser fish's ass with a 440 volt line
01[12:57] {Threei}  [12:56] {nemo} set the price .20 higher then bbo
[12:58] {fish_49} not a 34K line?
[12:58] {nemo} oh bbbo
[12:58] {nemo} no...I want to make sure you get enough amps
01[12:58] {Threei}  this is just below the "their-they're"
[12:58] {nemo} no youl
[12:58] {nemo} instead of you'll
[12:58] {nemo} tza working
[12:58] {fish_49} is it then or should that be than?
[12:59] {nemo} entweder oder
[13:00] {nemo} whoa, pretty low spy volume
[13:02] {dino} asps getting serious
[13:02] {nemo} .80ish first bounce point for iwm take some tza there
[13:02] {nemo} then see if it holds under entry
01[13:03] {Threei}  wow FB
[13:03] {fish_49} yea
[13:03] {fish_49} watchoing that Vad
[13:03] {nemo}  if it comes back down through .80 vwap likely target...market has been selling off in the afternoons
01[13:03] {Threei}  WMT baby
[13:04] {fish_49} come on wmt  2 more pennies
01[13:04] {Threei}  believe it or not, with this trade actually positive for the day
01[13:05] {Threei}  finally out of that morning hole
01[13:05] {Threei}  4 stops in a row, sheesh
[13:05] {fish_49} if I were to get out here  I would be positive for day
[13:05] {dino} gj, way to stick to it
[13:05] {fish_49} my limit order in at .33 and didnt get taken out
01[13:05] {Threei}  take half of what you have still fish
[13:06] {fish_49} k
01[13:06] {Threei}  secure some profit
01[13:06] {Threei}  get as close as you can to breakeven or slighly positive,
01[13:06] {Threei}  so even if last portion doresn't work, it's not painful anymore
[13:07] {goinshort} I know what ya mean - I'm $64 from green
01[13:07] {Threei}  there is math of odds theory that dictates the best way to manage the trade,
01[13:07] {Threei}  and there is a human side of all this,
01[13:07] {Threei}  we are not robots,
01[13:07] {Threei}  maintaining emotional balance is important
01[13:08] {Threei}  sometimes suboptimal way from pure math point of vieew is much better,
01[13:08] {Threei}  as it allows us to finction with less stress
01[13:08] {Threei}  function too
[13:08] {fish_49} good point  I have the remaining shares at a limit of .33  lets see if i can get hit
[13:09] {nemo} just stick ur chin out
[13:09] {dino} esi drops again
[13:09] {dino} anfi stopped b/e
01[13:09] {Threei}  there
[13:09] {fish_49} out
[13:09] {fish_49} and  positive territory
01[13:09] {Threei}  out you are as Yoda say would
[13:09] {fish_49} great day after all
[13:10] {dino} couple brutal drops going on, asps, esi
[13:10] {dino} edu
01[13:10] {Threei}  who would have thought in the morning, eh fish?
01[13:10] {Threei}  and you missed 1:3er on FB
[13:10] {fish_49} yea  but  It was a good test of an issue I have resolved  so  It was worth it to me
01[13:11] {Threei}  yup
[13:11] {fish_49} Even with the morning trades  I felt no pain and accepted it
[13:11] {fish_49} that in itself is victory to me
01[13:11] {Threei}  perfect
01[13:11] {Threei}  this is the state you need to cultivate
01[13:12] {Threei}  it's an odds game,
01[13:12] {Threei}  and sometimes odds go in clusters
01[13:12] {Threei}  a few stops here and there, we all accept that
[13:12] {fish_49} yes  and  I had bad feelings towards DAS folks  but that was resloved.  Honestly within 2 rings they answered the call and had me out of the trade within seconds
01[13:12] {Threei}  a few stops grouped together, it causes pain and doubts
[13:13] {fish_49} I have a new outlook towards those folks
01[13:13] {Threei}  I never underatood that bad feeling, honestly
01[13:14] {Threei}  they cater to day traders
01[13:14] {Threei}  as such, they are top league
01[13:14] {Threei}  server co-location, latency is negligible
01[13:14] {Threei}  software is top notch
[13:14] {fish_49} I believe that now
[13:14] {dino} kof and fmx getting crushed last few days
01[13:15] {Threei}  downtime is next to non-existent
01[13:15] {Threei}  and you know what a real test of how robust software is?
01[13:16] {Threei}  it's how it handles extremely high colume rapid trading days during market crash
01[13:16] {Threei}  when usual systems slow down to a crawl
01[13:16] {Threei}  and your orders travel in cyberspace like tortoises in mollasses
[13:16] {fish_49} my bad opinion came from their lack of support or understanding of their own software
[13:17] {fish_49} I figured out the details on my own
[13:17] {fish_49} but  now that I have confidence in their response at the trade desk  I am fine
01[13:17] {Threei}  you always run into someone in front line of support who knows a b and c, and haven't even heard of d...
[13:17] {nemo} yeah, tech support desks tend to have multiple levels
[13:18] {nemo} you get the grunts at first
[13:18] {dino} damn, missed asps and esi bottoms
01[13:18] {Threei}  I mean this is still good ole USA, the country in which salesman in central NY store when asked if they ship to Canada told me "sorry, we don't ship ioverseas"
01[13:18] {Threei}  1:2  WMT
[13:18] {fish_49} yea  level 1 was CC9  his response to my questions were  "Well why do you need that"
01[13:20] {Threei}  gs, you are breakeven now?
[13:20] {fish_49} hahahah  Overseas?  well the Great Lakes  are large Vad might as well be a sea  lol
[13:20] {goinshort} no  not yet
[13:20] {nemo} they have tides
01[13:21] {Threei}  yeah... when I suggested him to look up Canada on the map and find the sea between us, he wasn't amused
[13:21] {fish_49} I grew up on Lake Erie at a time when it caught fire in some places  lol
[13:21] {dino} gas?
[13:21] {fish_49} He didn't hang up on you?
01[13:22] {Threei}  no... we spoke of $1,700 camera, mind you
[13:22] {fish_49} no  not gas  pollution  debris, just general junk
[13:22] {fish_49} the lake really wasn't cleaned up until Nuc power came into play
[13:23] {dino} asps, ocn lods
[13:23] {fish_49} Lake Erie  is a clean lake now  compared to late 70's  and early 80's
[13:23] {fish_49} Welcome back Natan
[13:23] {nathan} hi guys
[13:23] {nemo} that was quite the pop in esi from 31.90 to 32.20
01[13:23] {Threei}  hey nathan
[13:24] {nathan} hey Rons i change my nich
[13:24] {nathan} nick
[13:24] {nathan} i choose nathan instead of satan ;-)
[13:24] {nemo} pity
[13:24] {nathan} :-)
[13:24] {dino} lol
[13:25] {dino} but before you could spell it backwards and frontwards the same
01[13:25] {Threei}  nemo is so upset about not having a buddy for his satanic cult, he has suffocated the serpent with his bare hands
[13:25] {nemo} maybe he was drunk
[13:25] {nemo} Xcuse me
[13:26] {fish_49} Nathan  I'm happy your not Satan.  we can only have one satan in the room and we  all know who that is  right Nemo?
[13:26] {nemo} those cults are such amateurs
[13:26] {nathan} lol
01[13:26] {Threei}  in nemo's vult there was supposed to be a buddy system
01[13:26] {Threei}  cult
[13:26] {nemo} Les hasn't been here for a month Fish
[13:27] {fish_49} lol good point  Toad
01[13:27] {Threei}  they would exchange flowers every morning
01[13:27] {Threei}  granted, those would be black flowers
[13:27] {nemo} besides, Satan is a bastardization of al Shaitan  "one who questions"
[13:28] {RonS} you shaitan me?
[13:28] {nemo} mmmhhh...not sure how to reply to that Ron
01[13:30] {Threei}  lol
[13:30] {dino} lol
[13:30] {nemo} guess Ron made a funny...
01[13:31] {Threei}  nemo's right on this one, however painful it is to admit... "shaitan" is a word in middle asia languages, from republics of xUSSR
01[13:31] {Threei}  haven't heard it in ages, just remembered when he typed that
[13:32] {nemo} Yeah, that side of the spirtual fauna is my bailiwick
[13:32] {fish_49} [13:31] {Threei}  nemo's right on this one,  even Vad admits Nemo is wrong most of the time
[13:33] {nemo} o.k. if the market gonna' drop the shorts should be forming now
[13:33] {fish_49} still range bound
[13:33] {nemo} That's a helluva' assumption for being such a noob here fishface
[13:34] {fish_49} assumption?
[13:34] {nemo} assertion
[13:34] {nemo} you're making an assumption which led to a written assertion
[13:34] {fish_49} you know what they say about assumptions and assertions
[13:35] {dino} asps vsm l .60
[13:35] {nemo} did you retire or get fired by the Feds?
[13:35] {fish_49} lol
[13:36] {RonS} N.Y. Regulator Probing Ocwen's Relationships
[13:36] {RonS} at airport?
[13:38] {RonS} Ocwen executive chairman William Erbey also chairs four other affiliated residential real-estate companies: Altisource Portfolio Solutions SA, Altisource Residential Corp, Altisource Asset Management Corp and Home Loan Servicing Solutions Ltd.
[13:38] {nemo} wow, spy volume really dropped off.  only 46.8 mil and I think it was around 42 mil at lunch
[13:38] {nemo} noon
[13:39] {nemo} waiting for Yellen
01[13:39] {Threei}  {Yellen} never before was called Godot...
[13:39] {nemo} trite
[13:39] {fish_49} he I mean she will have nothing new to say
[13:39] {nemo} not to be confused with trout
[13:39] {nemo} doesn't matter
[13:40] {nemo} you're looking for rationality in an irrational process
[13:40] {nemo} the market is a woman
[13:40] {nemo} with sharp teeth claws and venom
01[13:40] {Threei}  weird... mine is all smooth and curvy
[13:40] {nemo} http://goo.gl/CKQVAl
01[13:41] {Threei}  BBY Started to cut around 2,000 managers; no store closings planned - NY Post
01[13:41] {Threei}  FMCC Fannie and Freddie tick higher: Fox Business says analyst Bove will appear at 13:30ET and comment that the two GSE's should be "$18 stocks"
[13:46] {fish_49} toad  when you say "waiting for Yellen"  is she scheduled  to speak anytime soon?  I don't see anything on the Economic Calendar except the Fed speach later this evening
[13:46] {nemo} tomorrow
[13:46] {fish_49} ty
[13:47] {nemo} that's likely why spy volume is so low today
[13:47] {fish_49} I get it now
[13:47] {fish_49} thanks
01[13:47] {Threei}  crap... on top of bitcoin and Turkish lira collapse, now this:
01[13:47] {Threei}  Ukrainian currency has beaten the historical record on Feb. 26, reaching 10.33-10.5 per dollar on the interbank exchange market.
[13:47] {fish_49} A ton of news tomorrow
[13:47] {nemo} you must have stood up
[13:47] {nemo} to take the pressure of your brain
01[13:47] {Threei}  I don't know anymore where to out my money
01[13:48] {Threei}  I mean, I have to het out of this fiat currency that is worth nothing, right?
[13:48] {nemo} gold is real money man
[13:48] {fish_49} ohh thats why the DX  (Dollar)  is up so well today
[13:48] {fish_49} lol
01[13:48] {Threei}  ah yes
01[13:48] {Threei}  gold... sound money
[13:49] {nemo} frickin' manipulators
01[13:49] {Threei}  just to make sure I get it precisely right... not sea shells?
[13:49] {nemo} remember that gold guy at the first conference?
[13:49] {nemo} best thing about him was the two women that came with him
01[13:49] {Threei}  from Europe?
01[13:49] {Threei}  oh
01[13:49] {Threei}  yes
[13:49] {nemo} nah, Texas I think
01[13:50] {Threei}  yup
[13:50] {fish_49} was that the Cute Asian Girl that was sitting next to you in the Pic we had a month ago or so
[13:50] {nemo} oh, he showed that...yeah, her husband didn't like me
01[13:50] {Threei}  I wonder why
[13:50] {fish_49} oh she was married
[13:50] {fish_49} even in the pic I could see she was all into you
[13:51] {nemo} I kept having to tell her, "go talk to your husband."
[13:51] {nemo} on the boat though, wasn't much room to move
[13:52] {nemo} sheesh...had to climb OVER the tables to get more vodka
01[13:52] {Threei}  "had to?"
[13:52] {fish_49} I don't drink Vodka
01[13:52] {Threei}  you were very happy to
[13:52] {nemo} moral imperative
[13:52] {fish_49} how do you drink it ?  straight on the rocks?
[13:52] {nemo} straight or intravenously
[13:52] {nemo} no other way
01[13:52] {Threei}  I don't remember rocks
[13:53] {nemo} Yeah, I drink with Russians, and the Russians I drink with would easily kill me
[13:53] {nemo} frickin' blaspehmous
[13:54] {fish_49} why would they kill you?  are they anti american or just anti gay?
01[13:55] {Threei}  lol
[13:57] {dino} out asps 100.78, +1.18
[13:57] {fish_49} wow
[13:57] {fish_49} nice
[13:57] {nathan} wow
01[13:58] {Threei}  wtg
[13:58] {dino} pega going for 40.90 gap, nov
01[13:58] {Threei}  watching FB for bounce to short into
[13:58] {nemo} I'll give you a 2.0 on that one fish
[13:58] {fish_49} 2.0 out of ?
[13:59] {nemo} 100
[13:59] {nemo} walked into that one
[14:03] {dino} damn pega, was at 40.91
[14:03] {fish_49} no place for a stop Vad?
[14:03] {nathan} di you jump into FB?
01[14:04] {Threei}  no
[14:04] {fish_49} could bounce here
01[14:04] {Threei}  just no clear setup
01[14:11] {Threei}  grrrr
01[14:11] {Threei}  one that got away
01[14:11] {Threei}  right idea, haven't found the setup
01[14:13] {Threei}  Federal court orders Google to take down YouTube anti-Muslim video 'Innocence of Muslims'
01[14:13] {Threei}  really?
01[14:13] {Threei}  we are takign down offensive things now?
[14:13] {fish_49} huh?
[14:13] {fish_49} OMG
[14:14] {fish_49} are they going to say it will be the cause of another benghazi?
01[14:14] {Threei}  I demand taking down Inconvenient Truth, it offends me deeply as it does away with reality and insults any sane person intelligence
[14:15] {RonS} dems mountin full frontal war on free speech...someone needs to find a new Lenny Bruce...
01[14:15] {Threei}  that's OK, we can all convert to turkish lira and immigrate to Ukraine
01[14:15] {Threei}  oh wait...
[14:16] {nathan} what's going on in FB?
01[14:16] {Threei}  no news
[14:17] {nathan} are the going to buy Microsoft paint?
01[14:17] {Threei}  lol
01[14:17] {Threei}  (US) Chairman of the House Ways and Means Committee Camp (R-MI) releases details of his tax simplification plan- As previously reported the plan cuts US income tax brackets to only two (10% and 25%), phased in over five years. This would be offset by eliminating numerous and varied tax breaks that have been added into the tax code over decades. - The Camp tax plan is not expected to get much traction in Washington, but could serve as a starting point for future efforts on tax reform and simplification.
[14:18] {nemo} senate already told him to pound sand
01[14:18] {Threei}  almost bounce time, FB
[14:18] {nathan} will break the 69? :-)
01[14:19] {Threei}  I think so
[14:19] {dino} pega sm l .00
[14:19] {nemo} frickin' twtr, dropped .80 like a double diamond slope
01[14:19] {Threei} Long Setup:  FB  69 break
01[14:19] {Threei}  If holds  .90
01[14:19] {Threei}  risky one
01[14:19] {Threei}  but all bottom fishing is
01[14:19] {Threei}  1:1
01[14:20] {Threei}  1:2
01[14:21] {Threei}  man... positive for the day
[14:21] {fish_49} I missed it  but have a question
01[14:21] {Threei}  two huge clusters, losing one in the morning, winning one after that
01[14:21] {Threei}  rare occurence
01[14:21] {Threei}  normally they are mixed more evenly
01[14:22] {Threei}  why missed? it wasn't particularly fast on a break
01[14:22] {Threei}  1:3
01[14:22] {Threei}  and returned to .01
[14:25] {fish_49} Vad  so the pop up was on decreased volume  would that be an indication of a continuation down ?
01[14:26] {Threei}  why decreased? 14:20 candle is quite nice volume
[14:26] {fish_49} yes
[14:26] {fish_49} then after that on a 3 min  i see very lil vol
01[14:26] {Threei}  even karger than 14:15, largest red one up tio that point
[14:27] {fish_49} Obviously I'm wrong  it continues up
01[14:27] {Threei}  trade in progress already by that time, just manage it
01[14:27] {Threei}  standard operating procedure kicks in
[14:28] {fish_49} yea  I was  not asking about that  just tring  to learn about volume
01[14:28] {Threei}  volume is still larger on green candles than on red ones after bottoming
01[14:28] {Threei}  compare them between themselves to see how forces are distributed now
01[14:30] {Threei}  you can also view it this way:
01[14:30] {Threei}  decline after 14:15 was on decreasing volume,
01[14:30] {Threei}  which indicated sellers running out of gas
01[14:30] {Threei}  let see if this is double bottom
01[14:31] {Threei}  crap, late
01[14:31] {Threei}  too fast
01[14:31] {Threei} Long Setup:  WMT  .40 break
01[14:32] {Threei}  If holds  .34
01[14:33] {Threei}  ugh... such nice db setup
01[14:34] {Threei}  Poll: 42% of Dems Prefer Biden to Run for Prez
[14:34] {RonS} lol
01[14:34] {Threei}  please god
[14:34] {goinshort} gotta go -be back tomorrow
01[14:34] {Threei}  take care gs
[14:34] {nemo} don't worry, Secret Service will assasinate him
[14:34] {RonS} sp prez goes from joke to joker...
[14:34] {RonS} so
[14:35] {dino} he looked like the joker in those debates
01[14:37] {Threei}  I really want him to run and win primaries
01[14:37] {Threei}  for more reasons than I care to list
01[14:41] {Threei}  1:1
01[14:41] {Threei}  the most unusual day in a very long timew
[14:42] {fish_49} I'm out here at .53  thanks Sir
01[14:42] {Threei}  must be for newer guys, nathan and philip... to show the market at its worst, lol
01[14:42] {Threei}  yw
[14:42] {nathan} yeah pretty sure
[14:42] {nathan} lol
01[14:43] {Threei}  but hey... gave me a chance to show how we handle it at our best
[14:43] {_philipswich} great trading, been a pleasure to watch :)
01[14:43] {Threei}  glad to hear philip
[14:45] {nemo} gmcr below .60 could go for awhile
01[14:46] {Threei}  in some perverted way, this kind of days delivers me more joy than thw one we had on Monday, with 100% winning rate
01[14:46] {Threei}  challenge...
[14:47] {nemo} yes, well...you like flossing with barbed wire too
01[14:47] {Threei}  and hard to get girls
01[14:47] {Threei}  guilty as charged
01[14:48] {Threei}  1/4 more out WMT
01[14:48] {Threei}  stop .49
01[14:48] {Threei}  1:2
06[14:49] * Threei makes a note to self not to let the wife read today's log
[14:50] {nathan} dinner time for me
[14:50] {nathan} see you tomorrow
[14:50] {nathan} good day for me too
01[14:50] {Threei}  take care nathan
[14:50] {nemo} fb looks iffy on this bounce
01[15:10] {Threei}  maria bartiromo joined Fox news
01[15:11] {Threei}  on top of CNN dumping Morgan, all I need now is Biden running for president
[15:11] {fish_49} lol
[15:12] {fish_49} lol
01[15:12] {Threei}  and my entertainment roster will be complete
[15:12] {fish_49} Maria is a great addition
01[15:13] {Threei}  it gets better... The Americans is back with season 2 today
[15:13] {fish_49} never watched that
01[15:13] {Threei}  russdian spy family in USA
[15:13] {fish_49} I like anything Alaska  and my wife started watching that 90 day bride thing
01[15:13] {Threei}  modern boris and natasha
01[15:14] {Threei}  only more serious
[15:14] {fish_49} she had issues with the russian girl on that show  lol
01[15:15] {Threei}  stop for the last piece to .54
01[15:16] {Threei}  1:3
01[15:16] {Threei}  out
01[15:16] {Threei}  me happy
[15:16] {thomcbell} what was that wmt vad?
[15:16] {fish_49} wow  who would have thunk it  hit .70
[15:16] {fish_49} impressive
01[15:16] {Threei}  yes thom
01[15:17] {Threei}  see fish... you make this mistake
[15:17] {darekj} ty Vad-grate job today :)
01[15:17] {Threei}  you think
01[15:17] {Threei}  darek :)
[15:17] {fish_49} mistake?
01[15:17] {Threei}  yes
01[15:17] {Threei}  you think
01[15:17] {Threei}  I don't
01[15:17] {Threei}  or at least, I think twice before thinking
[15:17] {fish_49} being up $180 dollars on a day like today I don't think was a mistake
[15:18] {fish_49} ok  I will try not to think
01[15:18] {Threei}  and if you got thosde 2 1:3ers on FB...
01[15:18] {Threei}  you will find it very liberating
[15:19] {fish_49} ohhh  if I caught that  i would be on top of the world
01[15:19] {Threei}  I have to think only when I have to explain the decision-making
[15:19] {fish_49} I'm actually proud of myself  taking TWTR shjort at .80 and getting .30 cents on the short and calling the bounce
01[15:19] {Threei}  good job
[15:20] {fish_49} your paid  to think I get paid  to follow your advice  lol
01[15:20] {Threei}  I don't believe I will be very far from truth when say" process of learning to trade in larger part isd a process of un-learning to think
[15:20] {fish_49} only 10 shares  on TWTR  just trying it as a confidence booster
[15:21] {fish_49} ok  let me show you the volume issue I was asking about  with FB  b4
[15:21] {_philipswich} thanks a lot Vad, got to go now. Bye all
01[15:21] {Threei}  yw phulup, see you tomorrow
01[15:21] {Threei}  philip
01[15:21] {Threei}  my typing, sheesh
[15:21] {fish_49} laters Philipo
[15:21] {fish_49} Philip
[15:21] {fish_49} me too
[15:24] {fish_49} http://s1332.photobucket.com/user/bkhmd/media/FBvol_zpsc13163a6.jpg.html
[15:24] {fish_49} this is what I was talking about  earlier
01[15:25] {Threei}  well, on a big scheme of things, look at FB
01[15:25] {Threei}  it was a lousy bounce
[15:25] {fish_49} On a 3 min chart  I watched price rise .40 cents  but  volume was decreased  significantly and my instinct was to get short which would have paid off on a scalp
01[15:26] {Threei}  and it retreated under 69 twice since then and it reatreats now again
[15:26] {fish_49} yep
01[15:26] {Threei}  another matter is, for our purposes the scale of themove was such that even that lousy bounce provided us with quite enough room to profit
01[15:27] {Threei}  (UR) US Sec State Kerry: US is considering plan to offer Ukraine $1.0B in loan guarantees plus further direct financial aid- Russian military moves against Ukraine would be a very grave, costly mistake
01[15:28] {Threei}  Kerry... Putin plays chess, you barely learned how to put checkers on the board
01[15:28] {Threei}  let alone actuaklly play them
[15:28] {fish_49} I don't trust Kerry
[15:28] {fish_49} Does he come from Mass?
[15:28] {RonS} ketchup
[15:29] {fish_49} who else do we know that is in Mass?
[15:29] {nemo} yeah, and basically works in the middle of Maryland
[15:29] {fish_49} and who else do we know that came from Maryland  but lives in Mass now?
[15:29] {fish_49} lol
[15:29] {fish_49} Checkmate I win Toad
[15:30] {nemo} he doesn't live in MA, just a mailing address
[15:36] {nemo} Are you insinuating I came from Maryland?
[15:37] {fish_49} not at all
[15:37] {nemo} good
[15:40] {thomcbell} jcp very impressive squeezing
[15:44] {fish_49} Thom  do you trade JCP?
[15:45] {thomcbell} no
[15:46] {thomcbell} i prefer 20 and above price
[15:47] {thomcbell} probably a good scalp short here
[15:47] {thomcbell} but not doing it
[15:47] {dino} do it tbell, we all did
01[15:51] {Threei}  OK guys, thank you all
01[15:51] {Threei}  have a good evening, see you tomorrow
[15:53] {darekj} good night all
[15:53] {fish_49} gn DJ
[15:54] {fish_49} later 3I

Feb 25 2014

Quite decent day again with many trades working nicely. One of the trades invoked serious scalpers regret though - we took 1:2 on it, and it continued to 1:Icantcountthatfar. Look at intraday chart P, you'll see what I mean. 

Session Time: Tue Feb 25 00:00:00 2014

[08:46] {dino} gm

[08:46] {fish_49} gm 

01[08:47] {@Threei}  dino, fish :)

[08:47] {fish_49} Vad

[09:00] {goinshort} gm all

01[09:00] {@Threei}  gs :)

[09:00] {fish_49} gm GS

[09:13] {munky} morning

[09:14] {thomcbell} gm

01[09:14] {@Threei}  munky, thom :)

[09:20] {nemo} any Bill Murray fans?  great interview:  http://goo.gl/ePz8gE

[09:20] {darekj} gm all

01[09:20] {@Threei}  darek :)

[09:22] {RonS} gm  wow itmn

01[09:22] {@Threei}  ron :)

[09:23] {munky} whats up w/itmn?

01[09:23] {@Threei}  InterMune, Inc. Reports Phase 3 ASCEND Trial Results of Pirfenidone in Idiopathic Pulmonary Fibrosis (IPF)- ITMN announced that top-line data from ASCEND, a Phase 3 trial evaluating pirfenidone in patients with idiopathic pulmonary fibrosis (IPF), demonstrated that pirfenidone significantly reduced IPF disease progression as measured by change in percent predicted forced vital capacity (FVC) from Baseline to Week 52 (rank ANCOVA p{0.000001).

[09:24] {RonS} lung drug shows results...

[09:24] {munky} wow ty

[09:24] {nemo} biotechs

01[09:27] {@Threei}  many trading accounts will be closed by the end of today in attempts to trader ITMN

[09:27] {dino} zu crazy

01[09:27] {@Threei}  that's widowmaker

01[09:27] {@Threei}  ZU too

01[09:28] {@Threei}  although more manageable

[09:28] {dino} its only a 32% vs 16% result, not like irs even 50%

[09:28] {mojo1} gd morning

01[09:28] {@Threei}  mojo :)

01[09:32] {@Threei} Short Setup: C  49 break

01[09:32] {@Threei}  If holds  .10 

[09:34] {thomcbell} mu 0.75 short break

01[09:34] {@Threei}  trail stop to .06

[09:35] {thomcbell} 1:1

01[09:35] {@Threei}  1:1  

[09:35] {natan} good one!

[09:35] {fish_49} early morning mistake

01[09:36] {@Threei} Long Setup:  EBAY  .80 break hl

[09:36] {fish_49} can I have my shares back

01[09:36] {@Threei}  If holds  .70 

[09:36] {munky} ebay

[09:36] {thomcbell} mu 1:2 

[09:36] {thomcbell} took the trade 

[09:37] {natan} slip from my hands :-(

[09:37] {dino} itmn vsm s .33

01[09:37] {@Threei}  1:2  C 

01[09:37] {@Threei}  1:1  EBAY 

[09:38] {fish_49} forgot to change qty and sold my entire position at 1:1  waaaa  can I have a do over?  lol

01[09:38] {@Threei}  1:1  C,  over and out

[09:38] {fish_49} on C

[09:38] {thomcbell} mu 1:4 rats

01[09:38] {@Threei}  1:3  C,  over and out

01[09:38] {@Threei}  good one thom

[09:38] {dino} bstop to b/e

[09:38] {munky} nice vad

[09:38] {darekj} ty, Vad

01[09:38] {@Threei}  :)

[09:39] {munky} fb

[09:40] {munky} dives

01[09:40] {@Threei}  EBAY balance closed on a trail

[09:41] {dino} to 33.21

[09:43] {dino} cov itmn 33.21, +1.12

[09:43] {fish_49} nice

01[09:43] {@Threei} Long Setup:  JPM  .50 break

[09:43] {dino} ty

01[09:43] {@Threei}  If holds  .40 

01[09:43] {@Threei}  wtg dino

01[09:47] {@Threei}  no go

01[09:50] {@Threei} Long Setup:  IWM  .50 break

01[09:50] {@Threei}  If holds  .44 

01[09:53] {@Threei}  a lot of hesitation in the market

[09:53] {thomcbell} not in vxx

01[09:54] {@Threei}  meh

[09:55] {munky} not as easy as yesterday

[09:55] {nemo} spy gap coming

[09:55] {nemo} finnies at 50 day

[09:58] {munky} vad, fb bounce candidate

01[09:59] {@Threei} Long Setup:  WMT  .25 break

01[10:00] {@Threei}  If holds  .17 

[10:00] {dino} anfi l ave .90

[10:04] {nemo} wow...algo completely red

[10:04] {dino} out rax mar calls, +35/21%

[10:04] {dino} .35

01[10:05] {@Threei} Long Setup:  FB  .90 break hl

01[10:05] {@Threei}  If holds  .80 

01[10:06] {@Threei}  Invalidated  

[10:07] {dino} caci spike

01[10:07] {@Threei}  1:1  WMT 

[10:18] {dino} sina sm l .22

[10:26] {dino} stop anfi ave .65--.15

[10:33] {dino} sina stop

[10:37] {fish_49} more friggin snow

[10:37] {fish_49} just what I need

01[10:37] {@Threei} Short Setup: EBAY  .65 break

01[10:37] {@Threei}  If holds  .75 

01[10:40] {@Threei}  Invalidated  

[10:43] {dino} sina sm l .00

[10:47] {dino} anfi l .04

01[10:50] {@Threei} Short Setup: CAT  .90 break

01[10:50] {@Threei}  If holds  96 

[10:50] {dino} ecom spike

[10:51] {thomcbell} vlo 51.40 long break if holding 51.30

[10:51] {dino} ecom sm s .10

01[10:51] {@Threei}  Invalidated  

[10:53] {thomcbell} vlo 1:1 

01[11:00] {@Threei} Long Setup:  IWM  .80 break

01[11:00] {@Threei}  If holds  .70 

[11:01] {thomcbell} vlo stopped on balance

01[11:04] {@Threei}  Invalidated  

01[11:05] {@Threei}  4 setup in a row

01[11:05] {@Threei}  setups

[11:05] {fish_49} thoughts on JPM?

01[11:05] {@Threei}  .65 break was a long setup, just invalidated, lol

01[11:06] {@Threei}  and... thoughts?

01[11:06] {@Threei}  me?

01[11:06] {@Threei}  I think twice before thinking

[11:06] {natan} lol

01[11:09] {@Threei}  a few minuutes withing the range may reestablish both, JPM and IWM

01[11:09] {@Threei}  need SPY help too

[11:09] {dino} thoughts, odd day

[11:10] {RonS} ya, 35th...

[11:10] {RonS} 25th

01[11:11] {@Threei}  ummm

01[11:11] {@Threei}  IWM 1:1, I didn't take this one personally

01[11:11] {@Threei}  1:2... if anyone did, feel free to be out here

[11:13] {dino} tree spike

[11:15] {RonS} gtls 82.10 ave hooker, gappy

01[11:16] {@Threei}  1:3... The One That Got Away

[11:23] {dino} cov ecom flat

01[11:23] {@Threei} Short Setup: FB  .10 break hl

01[11:23] {@Threei}  If holds  .20 

[11:24] {fish_49} missed it

01[11:25] {@Threei}  stop .16

01[11:25] {@Threei}  1:1  

01[11:25] {@Threei}  it danced long enough at .09 - .08, fish... left to pour coffee or what?

[11:26] {fish_49} no  typ[ing negative email to the company managing my IRA

[11:26] {fish_49} I honestly think I can monage the money better than they are doing

[11:29] {dino} they might spell better though

[11:29] {dino} :)

[11:29] {thomcbell} mpel 43.63 long break 

[11:29] {fish_49} Dino is the cousin of Nemo?

[11:29] {RonS} nicer twin...

01[11:30] {@Threei}  remember the serpent that ruined it for the humanity?

01[11:30] {@Threei}  nemo is his evil twin

[11:31] {RonS} lol

01[11:31] {@Threei}  don't thank me nemo, even though I just improved your mood for the rest of the week...

[11:32] {fish_49} anything would be an improvemnet

[11:32] {thomcbell} mpel no go 

[11:32] {fish_49} I spelled that way just for you dino

[11:36] {RonS} way to go fish...

[11:36] {RonS} ...hurt his feelings...

01[11:36] {@Threei}  lol

[11:37] {fish_49} He is not ese  he has no feelings

[11:37] {RonS} lol

01[11:46] {@Threei} Short Setup: JPM  .60 break

01[11:46] {@Threei}  If holds  .65 

01[11:48] {@Threei}  btw, speaking of dinos... how do we know fish is not an ichthyosaur?

[11:48] {fish_49} I'm old but not that old

01[11:49] {@Threei}  but deadly... http://www.ucmp.berkeley.edu/people/motani/image/steno.jpg

01[11:52] {@Threei}  half out

01[11:52] {@Threei}  lunch time, expectations are diminished

01[11:53] {@Threei}  if you feel like taking scalp, can't blame you

01[11:54] {@Threei}  well, I can... but I won't

[11:54] {fish_49} out here at .51

[11:54] {fish_49} ty

01[11:55] {@Threei}  :)

01[11:55] {@Threei}  1:1  

[11:55] {goinshort} out at .52

[11:57] {fish_49} that was good lunch money Vad

[11:57] {fish_49} filled at .59 and .51

[11:57] {goinshort} thanks V !

01[11:57] {@Threei}  :)

01[11:57] {@Threei}  out in full here too

01[12:07] {@Threei} Short Setup: FB  .70 break hl

01[12:07] {@Threei}  If holds  .80 

01[12:09] {@Threei}  Obama tells Afghan President Karzai the US is making plans for no troops after 2014, but could change if strategic deal signed

01[12:09] {@Threei}  eeck

[12:17] {fish_49} did the Karzi reply with "The americans are making plans for no Obama after 2014"?

[12:17] {fish_49} but could change if he was to approve the pipeline and start acting like a rebublican?

01[12:18] {@Threei}  lol

01[12:19] {@Threei}  ok FB... roll over and die

01[12:20] {@Threei}  and don't be a scalp... you have to pay for all this nervous jerking

01[12:23] {@Threei}  stop to .76

01[12:23] {@Threei}  looks really breakdownish

01[12:24] {@Threei}  and crashish

01[12:24] {@Threei}  little SPY help please

[12:24] {fish_49} 007?

01[12:24] {@Threei}  lol

01[12:25] {@Threei}  1:1  

01[12:25] {@Threei}  crrrrrrash!

[12:25] {fish_49} out here  ty

01[12:25] {@Threei}  yw

01[12:26] {@Threei}  half here for re-crash

01[12:26] {@Threei}  it's just has to

[12:26] {fish_49} my fiulls were too good to be true...  .69 and .59

[12:26] {fish_49} fills that is  (For Dino)

01[12:27] {@Threei}  normal fills... you'd have those always if wouldn't experiment with all those auto gimmivks

01[12:27] {@Threei}  1:2  

01[12:27] {@Threei}  gimmicks that is

[12:27] {thomcbell} nemo akam a good candidate for shorting rallies to vwap in my opinoin

[12:28] {fish_49} gimmicks?  hot keys  are just loading a limit order and sending the order all by the push of a button  lol  However,  I'm now laying it out and sending and just waiting to get filled

[12:29] {dino} lol

01[12:29] {@Threei}  gimmick part is its self-determining of the price

[12:29] {fish_49} Circus  a better term?  lol

01[12:29] {@Threei}  can you put a limit in and use hot key just to send it? I am all for it

01[12:30] {@Threei}  but when it's a "+.02 from current price," and current price changes in fractions of second...

01[12:30] {@Threei}  you saw what kind of fills it gave you

[12:30] {fish_49} the hot key can be used  to load your limit at the current bid  then pause for you to change price  and then you hit enter to send

[12:30] {nemo} sorry busy with issues guys

01[12:31] {@Threei}  that's fine nemo, we can insult you without fear of retribution meanwhile

[12:31] {fish_49} or you can just use it to load the limit order at the current bid and accept fill + or _ 01 or 0.02 cents above or below the ask

[12:32] {fish_49} yes  totally agree  laying it out  ahead of time  is better when there is time

[12:32] {fish_49} hot key to get out fast if needed

[12:34] {thomcbell} scty 79.50 long break 

[12:34] {fish_49} thom  what do you have  vor vwap on AKAM

[12:34] {thomcbell} if holding 79.4

[12:34] {thomcbell} 1:2

[12:34] {thomcbell} 1:4

01[12:35] {@Threei}  nice

[12:36] {thomcbell} the tony stark complex is alive and well 

[12:38] {dino} rvbd s .77

[12:41] {thomcbell} wow 

[12:41] {thomcbell} scty 

[12:53] {thomcbell} scty 1:13

[12:53] {thomcbell} hehe

01[12:53] {@Threei}  lol

[12:56] {thomcbell} thing is breaking out of a cup and handle pattern (not textbook but thats what it is

[13:01] {dino} gj

[13:01] {thomcbell} do i get extra credit vad

01[13:01] {@Threei}  two

[13:04] {dino} crzo

01[13:05] {@Threei}  Ukraine situation is fairly described by the old joke:

01[13:06] {@Threei}  - Are you looking for a new cashier?

01[13:06] {@Threei}  - Yes... and old too

01[13:06] {@Threei}  they still can't locate the president

01[13:12] {@Threei}  just found out CNN cancels Pierce Morgan

[13:13] {nemo} a little late to the party there Vad

01[13:13] {@Threei}  had their fill of insufferable smugness, did thay

[13:13] {RonS} eqkxactly

[13:16] {mojo1} u ever see the ted nugent interview w/him?

[13:17] {mojo1} ted crushed him

[13:17] {dino} rvbd stop .92 -.15

01[13:17] {@Threei}  no... missed it

[13:17] {nemo} you always got the feeling Piers needed to have his diapers changed

01[13:17] {@Threei}  but knowing ted, I have little doubt

[13:17] {mojo1} was about gun control

01[13:17] {@Threei}  ah yes... Pierce's crusade

[13:18] {mojo1} ted pointed out us constitution was deigned against his country

[13:18] {mojo1} designed

[13:18] {mojo1} his country britian

01[13:19] {@Threei} Long Setup:  P  .35 break

01[13:20] {@Threei}  If holds  .28 

[13:25] {mojo1} in

[13:30] {fish_49} was on the phone  if it comes back to pick me up still valid?

[13:30] {fish_49} on P

01[13:30] {@Threei}  sure

01[13:30] {@Threei}  stop is negligible

01[13:31] {@Threei}  potential is not all that great but can work for a decent scalp, and if SPY goes for day high, maybe more

01[13:36] {@Threei}  1:1  

[13:41] {dino} wmgi l .25

[13:42] {dino} out wmgi .49, +.24

01[13:42] {@Threei}  .50 break can catapult P

01[13:42] {@Threei}  looong C&H

[13:44] {dino} anfi l .52

01[13:46] {@Threei}  1:2  P  close enough

01[13:46] {@Threei}  1/4 more out

01[13:48] {@Threei}  closed on a trail

[13:48] {fish_49} gj

01[13:48] {@Threei}  not too shabby for a lunch play

[13:48] {fish_49} it never came back for me

01[13:48] {@Threei}  it was at .37 when you asked

[13:48] {fish_49} lunch? it's half way to dinner time

[13:49] {fish_49} maybe it was .37 whan I asked  but  .38 and climbing when you answered  lol

01[13:50] {@Threei}  "lunch" is stretchable concept. It covers the time between end of breakfast and start of dinner

[13:50] {RonS} fish re-name to slug?  snail?

[13:51] {fish_49} lol  you are correct.  when I missed the P  trade I went in and had lunch

01[13:51] {@Threei}  see? you should have taken ichthyosaur when I offered

[13:51] {fish_49} yep

[13:51] {fish_49} lol

[13:51] {fish_49} Snail is ok  slug  is  not

01[13:51] {@Threei}  much more formidavble than a slug

[13:51] {fish_49} slug is a large snail without a home

[13:52] {mojo1} lol

01[13:52] {@Threei}  we still haven't figured out what kind of dino dino is

01[13:53] {@Threei}  I mean, there is serious difference between brontosaur and T-rex

[13:53] {fish_49} a Dinaspelourous

[13:55] {dino} whatever that flintstone dino/dog was

01[13:57] {@Threei}  http://mcsaurus.deviantart.com/art/Dino-vore-Fred-Flintstone-04-152133036 ?

[13:57] {fish_49} cool  

01[13:58] {@Threei}  Dino is a snorkasaurus that is Fred Flintstone's pet dinosaur.

[13:58] {fish_49} wow  how did you know that Vad?

01[13:59] {@Threei}  well, I used this recent invention not many have heard of yet

01[13:59] {@Threei}  called google

[13:59] {dino} did al gore make that?

[14:00] {fish_49} can you google  Winning Trade 1:3  and find one more?

01[14:00] {@Threei}  don't tell anyone... but you can find some bits and pieces of info there

01[14:00] {@Threei}  I suspect he did dino... it's too good to be invented without him

[14:02] {fish_49} I did visit Fred recently and was able to ride in his car

[14:02] {fish_49} actually took a pic  wait  I will find it

[14:03] {RonS} classic:  Mt. Gox Bitcoin exchange down amid $365 million theft claim: http://bloom.bg/Mqm9of

[14:04] {fish_49} my ride in Fred Flinstones Car

[14:04] {fish_49} http://s1332.photobucket.com/user/bkhmd/media/P2110786fixed_zps506fcaf4.jpg.html

01[14:04] {@Threei}  hey... that's real money, not tainted by the government

01[14:05] {@Threei}  wow fish... nice shot

[14:05] {fish_49} ty

[14:05] {fish_49} Vad have you ever met Munky?

01[14:05] {@Threei}  no

[14:05] {nemo} who's the ugly guy in the foto?

[14:05] {fish_49} http://s1332.photobucket.com/user/bkhmd/media/monkey07-873x950_zpsa1b84f74.jpg.html

[14:05] {dino} lol

[14:06] {RonS} late '70's guy at gym in suit...me: why are you dressed up, thought you are retired...him:  won't be till i die...lost all my savings w/ Madoff...

[14:06] {fish_49} lol

[14:06] {RonS} not funny...true...

[14:06] {nemo} poor bastard

[14:06] {dino} made-off

[14:15] {natan} hi vad

[14:15] {natan} i'm new in this forum

[14:16] {nemo} bow to Zod

01[14:16] {@Threei}  hi natan

[14:16] {natan} i'm taking your online training

01[14:16] {@Threei}  following along fine?

[14:16] {natan} yep

01[14:16] {@Threei}  don't hesitate to ask if you have questions

[14:16] {natan} and wondering about the personal sessions

[14:17] {natan} how do you focus

[14:17] {nemo} natan, if you see a guy named "Les" in the room, don't ask HIM any questions

[14:17] {natan} lol

[14:17] {dino} natan, welcome and gl

01[14:17] {@Threei}  focus?

01[14:17] {@Threei}  I don't...

[14:17] {dino} music

01[14:17] {@Threei}  I throw darts...

[14:17] {nemo} how many monitors u got natan?

01[14:17] {@Threei}  luckily, more of them hit the center

[14:17] {natan} 4

01[14:18] {@Threei}  you mean focusing on a mentoring session during trading day?

[14:18] {natan} that's right

[14:18] {mojo1} natan, u like bananas?

01[14:18] {@Threei}  it's 30-60 min, which usually falls on a quiet oeriod

[14:19] {nemo} mojo, back to the corner

[14:19] {munky} i do

01[14:19] {@Threei}  lunch time

[14:19] {natan} ok

01[14:19] {@Threei}  and even if some trade comes along during that time, I am good at multitasking

[14:19] {fish_49} what platform are you using natan?

[14:19] {natan} das

[14:19] {fish_49} ok

01[14:20] {@Threei}  I once managed to eat ribs and steak at the same time

[14:20] {nemo} o.k.  watch this....

[14:20] {natan} you can solve any kind of issue: techanical, psicological...

[14:20] {nemo} Vad.....?

[14:20] {nemo} BACON!!!!

[14:20] {fish_49} Vodkaaa!!!!

[14:21] {nemo} natan....you have to solve the issue, other's can only provide guidance

[14:21] {natan} i know that, but its taking me a while to get out of this hole

[14:23] {natan} i'm tired of crashing into the same wall

[14:23] {fish_49} Are you a ground Hog by chance?

[14:23] {natan} lol

[14:23] {nemo} Fish....go listen to a James Gang album will ya

[14:23] {fish_49} teasing

01[14:23] {@Threei}  please read the description of mentoring at http://www.realitytrader.com/mentoring.html

[14:23] {natan} i'll do it

[14:26] {dino} galt spike

[14:26] {natan} i'll send you an email with some personal questions

[14:26] {dino} rcpt too

01[14:26] {@Threei}  normally it's done this way: you send an e-mail describing the problem, if it's something requiring mentoring, we do it; sometimes it's a minor issue that can be helped by the brief e-mail exchnage, which we do

[14:26] {nemo} Hey, natan, how long u been at it?

01[14:27] {@Threei}  so yes, send them, we will look them over and decide how to proceeed

[14:27] {natan} ok

[14:27] {nemo} what's this "we" shit?

[14:27] {natan} I've been in this for about 2 years

[14:27] {nemo} O.K.  how long you been stuck?

01[14:27] {@Threei}  just the right time to break through

[14:28] {natan} I'm a part time trader so...

[14:28] {nemo} ahhhh, so you've had somewhat limited screen time

[14:28] {natan} that's right

[14:28] {natan} i just can come post lunch

[14:29] {nemo} o.k. so really, in many way's you've really been only trading a year

[14:29] {natan} yep

[14:29] {nemo} OK...expectations 

[14:29] {natan} good questions

[14:29] {nemo} Between u me and the fencepost...you're still EARLY in the journey

[14:30] {natan} what's standard learning curve?

01[14:30] {@Threei}  nemo... I have to ask you once again to stop referring to me as a fencepost

[14:30] {nemo} there is no standard

[14:30] {fish_49} Natan  do you enjoy reading?

[14:30] {nemo} oh sorry tree good, fire bad

[14:30] {natan} sure

[14:30] {nemo} Having said that, oftentimes there is a 10,000 hour rule for expertise

01[14:31] {@Threei}  unlike fencepost that stand passively waiting for someone's forehead to hit it, I actively seek out those foreheads

01[14:31] {@Threei}  that's serious difference

[14:31] {nemo} It's not hard and fast, but this is a discipline that requires a level of mastery that goes beyond showing up for work every day

[14:32] {fish_49} I'm new here also  but  as far as the methods in this room,  this book was a great help.  I'm slow and had to read it a few times  to grasp the concepts.

[14:32] {fish_49} http://www.amazon.com/gp/product/0071414908?ie=UTF8&tag=daytradingeducat&linkCode=as2&camp=1789&creative=9325&creativeASIN=0071414908

[14:32] {natan} i got it and read it! pretty good book

01[14:32] {@Threei}  I need to read that one...

[14:32] {fish_49} ok

[14:32] {fish_49} love it

01[14:32] {@Threei}  people keep referring to it

[14:33] {natan} i'm currently reading the master profit plan

01[14:33] {@Threei}  btw, got amazing e-mail from someone recently... one of those that make my day

[14:33] {fish_49} well you're name is on it and Christopher mentions you're name in the book Vad

[14:33] {munky} whats the name of the book

[14:33] {dino} lol

[14:33] {natan} lol

[14:33] {fish_49} Techniques of TAPE READING

01[14:34] {@Threei}  Hello Vadym,

01[14:34] {@Threei}  I have been reading your book 5x now and the question I am asking my self every time is why was I not able to fully grasp everything the 1st time.

[14:34] {nemo} Natan...you have internalize enough information to find out what works for you.  For instance, Dino trades completely different from almost anybody in the room.

[14:34] {dino} ttr my fav too

01[14:34] {@Threei}  etc... but this is quite common theme

[14:34] {nemo} His ONE cellmate is RonS

[14:34] {RonS} lol

01[14:34] {@Threei}  people find new things in it reading it many times

[14:34] {nemo} Sometimes I look at Vad's trades and go, huh?

[14:34] {fish_49} sometimes?

[14:34] {fish_49} ttr?

[14:35] {nemo} Given that you have only been trading a year it's likely you haven't been exposed to enough info to find out what speaks to you

01[14:35] {@Threei}  sometimes I look in the mirror and go, huh?

[14:35] {nemo} You never look in the mirror, they always shatter 

[14:35] {fish_49} as long as you dont see Nemo in that mirror, you will be fine  Vad

06[14:35] * nemo see's fish in the mil-dot cross-hairs

[14:36] {fish_49} who was supposed to be watching P

01[14:36] {@Threei}  well, ever since that girl bit me on the neck, I see no reflection in the mirror... dunno why

[14:36] {natan} thanks for the info nemo

[14:36] {dino} fish ttr=tech of tape reading

[14:37] {fish_49} yea  I got it  after a minute... I'm a slow fish in the cold

01[14:37] {@Threei}  natan... actually, if you can suffer through nemo's thick layer of sarcasm and insults, he can be quite helpful

[14:37] {dino} better slow than dead

[14:37] {nemo} what do you have on your charts natan for "indicators"

[14:37] {natan} lol

01[14:37] {@Threei}  but we wouldn't have him any other way

[14:37] {nemo} I haven't insulted him 

01[14:37] {@Threei}  give it time

[14:37] {fish_49} yet

[14:38] {natan} Not very complex, just bollinger bands and volume

[14:38] {natan} daily/15-min/ and 1min graph

[14:39] {natan} same for SPY and QQQ

[14:39] {nemo} cool, the only thing I would recommend, because many here have found it useful, is to keep freestockcharts.com up, and plot pivot levels...They create a grid that defines the chart geography for you

[14:40] {RonS} jesus P...

[14:40] {natan} can't be plotted in DAS?

[14:40] {nemo} damn, missed the frickin gmr short

[14:40] {nemo} gmcr

[14:40] {nemo} yes, but DAS charts don't handle them well.  It distorts the candle image

[14:41] {natan} ok

[14:41] {nemo} even Vad likes Freestockcharts.com

[14:41] {nemo} don't tell anybody though

[14:41] {natan} i have to read John L pearson book regarding Pivot point cause i'm quite new about that

[14:42] {natan} lol

[14:42] {nemo} yes very good book

[14:42] {nemo} I can share a .pdf of it with you if you have gmail drive

[14:42] {natan} I read somebody of you recommend it

[14:42] {nemo} the rest of you can go to hell

[14:42] {fish_49} or you can just ask nemo every day for the numbers

[14:42] {dino} lol

[14:42] {nemo} Yeah, I'll give you my paypal address

[14:42] {natan} lol

[14:42] {munky} nemo, can freestock plot r1,r2,r3

[14:43] {nemo} absolutely munky

[14:43] {munky} thanks

[14:43] {thomcbell} wow vad u guys talking about the P?

[14:43] {natan} I got it nemo, many thanks anyway

[14:43] {nemo} wow P

[14:43] {fish_49} yea

[14:43] {nemo} Ochoa's book is good also

01[14:43] {@Threei}  nice find, eh?

[14:44] {nemo} might be short here

01[14:44] {@Threei}  never expected it to go as much though

[14:44] {munky} munky sees P, cuts wrist with a banana

[14:44] {nemo} oh jeez...frickin' Vadgroupy

01[14:45] {@Threei}  [13:42] {@Threei} .50 break can catapult P

[14:45] {fish_49} lol

01[14:45] {@Threei}  boy, did it...

[14:45] {fish_49} oh  forgot  to say 1:12  and out

[14:45] {thomcbell} very nice 

[14:46] {munky} fish, really

[14:46] {nemo} was there news?

[14:46] {fish_49} 1:10

01[14:46] {@Threei}  no

[14:48] {fish_49} http://seekingalpha.com/article/2045163-3-convincing-reasons-why-pandora-is-a-sell?source=google_news

[14:49] {fish_49} He may have gotten it all wrong on this one  lol

[14:51] {dino} xon spike

[14:53] {natan} are you all fulltime traders?

[14:53] {fish_49} some fulltime  some  fooltime

[14:53] {natan} lol

[14:53] {nemo} well...when they let me out...usually need my meds adjusted fairly regularly

[14:53] {nemo} then there are the shock treatments

[14:54] {dino} nat, yes

[14:54] {nemo} I have an extreme case of PTSD known as DPWF Syndrome

[14:56] {natan} what does all this acronyms stands for?

[14:56] {nemo} dino, you're also a landlord kingpin

[14:58] {nemo} Disgruntled Postal Worker Fantasy Syndrome

[14:59] {nemo} http://goo.gl/ktVtgv

[14:59] {dino} out z swing from last week, +3.20

[14:59] {fish_49} Nemo is not allowed  to have firearms  because of his disability

[14:59] {nemo} yeah, and I work in a gun shop too

[15:00] {fish_49} this is nemo

[15:00] {fish_49} http://www.youtube.com/watch?v=iDnEkFSMRik

[15:00] {fish_49} need coffee Vad  hold all calls

[15:01] {nemo} no, this is the guy who trained me:  http://goo.gl/DgDtYG

01[15:01] {@Threei}  easier said than done... I need to busy myself with something

01[15:01] {@Threei}  oh... I might learn to dance

01[15:01] {@Threei}  http://www.youtube.com/watch?v=xR_CRgW4Gs8

[15:02] {nemo} I remember watching that as a kid

[15:02] {natan} see you tomorrow guys

[15:03] {dino} gn

01[15:03] {@Threei}  see you tomorrow natan

[15:03] {natan} g luck

[15:04] {RonS} natan just needs a little chi...or in his case ci...

[15:04] {nemo} ?

[15:04] {RonS} nathan - h...

[15:04] {nemo} ahhh

[15:04] {RonS} :)

[15:04] {nemo} or an s instead of the first n

[15:05] {RonS} oof

[15:05] {nemo} he got a bad wrap...that whole Garden of Eden thing was to keep us from just being a herd of cows

[15:05] {nemo} Having said that, most of the people still are

[15:07] {nemo} for those of you that can handle a .15 stop, if GMCR drops .70 and stays under .85ish, it could drop

[15:08] {nemo} big seller at .80

[15:09] {nemo} look at that daily

[15:10] {nemo} eh, it shut off on the algo

[15:11] {nemo} sbux .85 short break

[15:11] {nemo} above .90

01[15:12] {@Threei} Short Setup: C  .50 break

01[15:12] {@Threei}  If holds  .60 

[15:13] {nemo} finnies coming into the 50 day and their lows

[15:15] {nemo} sbux gave you 1:1

[15:15] {fish_49} called late

[15:15] {nemo} no, it allowed you to get back in

[15:16] {nemo} gmcr triggered, but hasn't hit 1:1

01[15:19] {@Threei}  stop to .56

01[15:19] {@Threei}  to protect against double bottom

[15:20] {nemo} gmcr did a 1:1 and I think it's gonna' be a sleigh ride down

[15:24] {mojo1} vad call c .50 break are getting in at .5 0r .49

01[15:24] {@Threei}  http://www.realitytrader.com/tradingroom/#instructions

[15:24] {fish_49} .5 would be great but only after you have a print of .49

[15:25] {mojo1} i can't read

01[15:26] {@Threei}  finally

01[15:26] {@Threei}  I am not alone in this world

01[15:27] {@Threei}  everyone wonders why I haven't read Techniques of Tape Reading

01[15:27] {@Threei}  and I am too shy to say I can't read

[15:27] {fish_49} 1:1

[15:27] {fish_49} almost

[15:27] {fish_49} lol

01[15:28] {@Threei}  1:1  

[15:32] {nemo} oh well, no last minute collapses

01[15:32] {@Threei}  28 min still

01[15:32] {@Threei}  28 opportunities

01[15:32] {@Threei}  to get crashisher

[15:40] {fish_49} trailing C  to .50?

[15:40] {nemo} guess spy doesn't want to close far from 185

[15:40] {fish_49} no crazy volume in the close

[15:40] {fish_49} markets don't know which way to go

01[15:43] {@Threei}  let's lose .40 and die, C

[15:43] {nemo} probably not, finnies not likely to give up the 50 day

01[15:44] {@Threei}  to me, perfect place to break the support and kill those who buy here counting on it to hold

[15:44] {nemo} true

01[15:44] {@Threei}  shakes them out hard, then bouncwe

01[15:44] {@Threei}  max pain

[15:45] {fish_49} yeaaa

[15:45] {fish_49} worth the wait

[15:45] {fish_49} close enough

[15:45] {fish_49} out here vad  thanks

01[15:46] {@Threei}  yw

01[15:46] {@Threei}  not as spectacular day as yesterday but very decent

[15:46] {fish_49} I'm still trading small lots  and have decent profit.  Did well with futures trade also  Happy day

[15:47] {fish_49} thanks Vad

[15:48] {dino} ptct spike

01[15:48] {@Threei}  sure thing

[15:48] {mojo1} nice C vad

01[15:48] {@Threei}  :)

[15:48] {mojo1} out .33

01[15:49] {@Threei}  glad you ironed out those execution issues fish

[15:49] {nemo} holy shit, now look at P

[15:49] {fish_49} went up on rumors  maybe

[15:49] {fish_49} truth came out  lol

[15:49] {darekj} out of C, ty Vad

01[15:49] {@Threei}  yw

01[15:54] {@Threei}  1:2  

01[15:55] {@Threei}  ok guys, thank you all

01[15:55] {@Threei}  have a great evening, see youi tomorrow

[15:55] {fish_49} gn 

[15:57] {darekj} good night

[15:58] {thomcbell} gn all

[15:59] {nemo} gotta' go, bye folks