March 04 2014

Slowish day as market gapped and stalled. Profitable though, especially after the midday lunacy when things sold off on bogus reason of Russia's missile test. Gave us a few long entries when panicking sellers realized it was nothing out of ordinary and planned well in advance of today's crisis.

Session Time: Tue Mar 04 00:00:00 2014
[08:07] {thomcbell} GM
01[08:49] {@Threei}  morning thom
[08:53] {nemo} Where's that foreign affairs expert, ese?
01[08:53] {@Threei}  why, what question do you have for him?
[08:55] {nemo} none...we were having a long conversation about Ukraine and Crimea last night...I didn't know, Kruschev basically gave Crimea to Ukraine...and it was Tartars first before Stalin moved them...sheesh, "invading" Ukraine, would be like us invading California
01[08:55] {@Threei}  you should have asked me
01[08:56] {@Threei}  in 1954 Crimea was tranferred to Ukraine
[08:56] {nemo} It's easier over booze
[08:56] {fish_49} Invade California?  Not a bad Idea  Convert them to Conservatives
01[08:56] {@Threei}  lol
[08:56] {nemo} Nah, I was thinking nuke it
01[08:56] {@Threei}  but that's half of the story
[08:56] {fish_49} so am I reading this right  Putin will leave them alone?
[08:56] {nemo} yeah, 4 bottles of wine, 1 bottle cognac, 1 bottle rum
01[08:56] {@Threei}  there were many land resdistributions
01[08:57] {@Threei}  when USSR was dismantled, broders were settled
01[08:57] {@Threei}  borders too
01[08:58] {@Threei}  and in 1994 in Budapest an agreement was signed, according to which Ukraine gave up its nukes, in exchange US, UK and Russia guaranteed it its territorial integrity
01[08:58] {@Threei}  Russia leased naval base territory in Crimea, in exchange for 30% discount for natural gas
01[08:59] {@Threei}  This lease is active to 2042 per last signed agreement
[08:59] {dino} gm
01[08:59] {@Threei}  So no, by all the legal framework Crimea is Ukrainian
01[08:59] {@Threei}  dino :)
[08:59] {fish_49} so the port and the nat gas is the issue?
[09:00] {nemo} yeah, but culturally and strategically, it's always been a part of the Russian equation
01[09:00] {@Threei}  not at all
01[09:00] {@Threei}  nothihg is an issue but this:
01[09:00] {@Threei}  Putin can't and won't allow Ukraine as a NATO member
[09:00] {nemo} nope
[09:01] {nemo} he ain't having nato right up against his western flank
01[09:01] {@Threei}  as soon as this threat reappeared after this revolution puvoting Ukraine toward west, he made this move
01[09:01] {@Threei}  prepared long ago btw
01[09:01] {@Threei}  Nemo, yes, it was a part of Russia for good couple centuries
01[09:01] {@Threei}  so what?
01[09:02] {@Threei}  Some of Kuban land was part of Ukraine
01[09:02] {@Threei}  and was transfered to Russia during soviet times
[09:02] {nemo} well, you get all these modern foreign affairs experts commenting with little historical context
01[09:02] {@Threei}  you don't go back in history and decide what you redistribute
01[09:02] {@Threei}  ah yes
[09:02] {nemo} oh, and who have been behind the uprising:  the Maidan
01[09:02] {@Threei}  that I see left and right
01[09:03] {@Threei}  well, here is breaking news
01[09:03] {@Threei}  Maidan doesn't know who Maidan is, and who is behind it
01[09:03] {@Threei}  it's a hirrific mish m,esh of very different forces
[09:03] {nemo} bunch of Neo-Nazi's...and the ersatz foreign affairs experts are supporting them?
01[09:04] {@Threei}  they got united for a short while by common enemy
01[09:04] {@Threei}  no...
01[09:04] {@Threei}  there are neo nazis
01[09:04] {@Threei}  but it's not the whole maidan, and not even majotiry
01[09:04] {@Threei}  it's one of the most organized parts of it, sure
01[09:05] {@Threei}  most on Maidan were brought there by sheer and pure desire to get rid of the bandits that ruled the country
01[09:05] {@Threei}  and most are as unhappy with new govt as they were with old one
01[09:05] {@Threei}  and voice it out quite loudly
01[09:06] {@Threei}  they want new election
01[09:06] {@Threei}  and until that happens, you don't know who came out victorious in the end
01[09:06] {@Threei}  Labeling whole movement as nazus is Russian propaganda
01[09:07] {@Threei}  and their justification for intervention
[09:08] {nemo} I'm sure there are enough lies on both sides to go around
01[09:10] {@Threei}  oh and if we are to return to historic boreders as they were at some point in the past, choosing and picking what someone wants... how about returning Alaska to Russia?
01[09:10] {@Threei}  how is it different from Crimea?
[09:10] {nemo} or California to Mexico
[09:10] {nemo} Louisiana purchase to France
01[09:10] {@Threei}  many in Russia consider it unfair that Alaska now belongs to USA
01[09:11] {@Threei}  still want to open that door by admitting that yes, Russia has rights to Crimea?
[09:12] {nemo} who me?  No, I'm just saying there is a much longer historical entanglement then the EFA experts understand
[09:12] {_illyakuryakin} Its their Cabo San Lucas ...right?
01[09:13] {@Threei}  I haven't watched Putin's press conference in full, but from the lines I read, I don't know why everyone decided it's over
01[09:13] {@Threei}  Putin says for now no need to use military force in Crimea, but Russia has option to do so
01[09:13] {@Threei}  sure no need, it's taken over with no single shot
01[09:13] {@Threei}  Putin: 'As you know the markets were quite nervous before the situation in Ukraine, it is connected to the policy of the USA'
01[09:14] {@Threei}  Russia will 'of course' provide aid to Ukraine's southern region of Crimea, Putin says
01[09:14] {@Threei}  yup, by making them Russian citizens
01[09:14] {@Threei}  Russia's President Putin says there has been an anti-constitutional coup in the Ukraine, a military seizure of power
01[09:14] {@Threei}  etc
01[09:15] {@Threei}  on, and this gem:
01[09:15] {@Threei}  Putin says he hopes Russia won't have to use force in eastern Ukraine
01[09:15] {@Threei}  how quickly world forgot Stalin-speak
01[09:15] {@Threei}  this above is not a reassurance, it's a threat
[09:17] {munky} morn
01[09:17] {@Threei}  munky :)
01[09:17] {@Threei}  Russian President Vladimir Putin, at a press conference in Moscow today, didn't rule out further military intervention in Ukraine to carry out what he described as a humanitarian mission to protect Ukraine's millions of ethnic Russians.
01[09:17] {@Threei}  lol
01[09:18] {@Threei}  How do you say in Putian "no one shoots at us but as soon as they start.."
01[09:18] {@Threei}  here: Putin said, however, that “there is no reason yet” to use military force.
01[09:19] {@Threei}  read this nemo:
01[09:19] {@Threei}  http://www.kyivpost.com/content/politics/putin-doesnt-rule-out-deeper-military-intervention-in-ukraine-338350.html
[09:19] {fish_49} Wished Ukraine had large oil reserves
01[09:20] {@Threei}  lol
[09:20] {fish_49} think about it
01[09:20] {@Threei}  yup
[09:20] {fish_49} the USA would not let Iraq Invae Kuwait..  Why would we let Putin invade Ukraine?
01[09:20] {@Threei}  one thing is for sure: when Putin says something is red line for him, he follows through
[09:22] {goinshort} gm all!
01[09:22] {@Threei}  gs :)
[09:25] {nemo} http://goo.gl/ZqOGQy
01[09:30] {@Threei} Long Setup:  EBAY  59 break
01[09:30] {@Threei}  If holds  .90
[09:32] {mojo1} morning
01[09:32] {@Threei}  mojo :)
[09:32] {ese} morning
[09:32] {munky} fb clubbed
01[09:32] {@Threei}  ese :)
01[09:33] {@Threei}  Invalidated
[09:33] {ese} out KMX .88 +.89
[09:33] {ese} 600shs
01[09:33] {@Threei}  wtg
[09:33] {ese} makes up for the -.19 yesterday
01[09:34] {@Threei} Long Setup:  GDX  .90 break
01[09:34] {@Threei}  If holds  .85
01[09:35] {@Threei}  Invalidated
[09:37] {dino} gj ese
01[09:37] {@Threei} Long Setup:  FB  .40 break
01[09:37] {@Threei}  If holds  .30
01[09:38] {@Threei}  Invalidated
01[09:38] {@Threei}  wow, 3 in a row
01[09:40] {@Threei} Long Setup:  FB  .15 break0 break
01[09:40] {@Threei}  If holds  .05
[09:40] {ese} tks dino
01[09:41] {@Threei}  1:1
01[09:43] {@Threei} Long Setup:  EBAY  .90 break
01[09:43] {@Threei}  If holds  .80
01[09:44] {@Threei}  (US) Preview: Mar IBD/TIPP Economic Optimism expected at 10:00 ET (15:00 GMT)- Consensus expectations: 45.0e v 44.9 prior
01[09:45] {@Threei}  (US) Feb ISM New York: 57.0 v 64.4 prior
[09:45] {dino} ire hl l .89 stop lod brk
[09:46] {fish_49} still valid?  didnt fill
01[09:46] {@Threei}  if pullas back before hitting 1:1, yes
01[09:47] {@Threei}  1:1
[09:47] {fish_49} u filled?
01[09:47] {@Threei}  no
01[09:47] {@Threei}  .93 was the only chance, and mine was .92
[09:50] {nemo} having internet problems
01[09:51] {@Threei}  ugh EBAY
[09:51] {dino} didn't you just switch isp nemo?
[09:52] {nemo} yeah, yesterday...unplugged my father's tv box by accident, and things went fritzy
01[09:52] {@Threei} Long Setup:  YHOO  .10 break
01[09:52] {@Threei}  If holds  39
01[09:54] {@Threei}  frkin EBAY 1:3
01[09:55] {@Threei}  anyone caught it?
[09:55] {fish_49} 0
01[09:55] {@Threei}  didn't think so
01[09:55] {@Threei}  .90 was a good dam... when broke, torrent was fast and furious
01[09:56] {@Threei}  half out YHOO
[09:58] {thomcbell} nice cup on mpel 1 minute here
01[09:58] {@Threei}  1:1
01[10:00] {@Threei}  *(US) MAR IBD/TIPP ECONOMIC OPTIMISM: 45.1 V 45.3E
01[10:00] {@Threei}  1/4 more out
01[10:01] {@Threei}  1:2
[10:04] {thomcbell} dang possible short setup here
01[10:04] {@Threei}  I am very tempted to ask on what stock
[10:07] {nemo} weird having access problems
[10:07] {nemo} can get this room, twitter feed, but not much else
01[10:08] {@Threei}  they are throtting you
[10:08] {nemo} shouldn't be
[10:08] {dino} ire to .19
01[10:08] {@Threei}  and Puting shouldn't be invading Crimea... so what's your point?
[10:09] {dino} cats and dogs living together
[10:10] {fish_49} nemo did you do a speed test?  what kind of bandwidth are you getting?
[10:10] {nemo} was 55 mbs
[10:10] {dino} ire to .29
01[10:10] {@Threei}  here is bunny-related joke for you nemo: https://fbcdn-sphotos-f-a.akamaihd.net/hphotos-ak-frc3/t1/1932477_889030987793022_1018271454_n.jpg
[10:11] {dino} out ire .32, +.43
[10:11] {fish_49} 55 mbs is very fast you must be paying an arm and leg to get that speed
[10:11] {RonS} took ire .95 to .35 +.40  thanks dino
[10:11] {dino} np, gj
01[10:14] {@Threei} Short Setup: EBAY  59 break
01[10:14] {@Threei}  If holds  .10
01[10:15] {@Threei}  Rumsfeld: Obama is failing to lead on Ukraine crisis
01[10:15] {@Threei}  Obama: why, I will lead... I just need to find the behind
[10:20] {dino} these are not my type of day, gap up big and sit
[10:20] {dino} all i can do to sit and wait
01[10:24] {@Threei}  ok... in EBAY
01[10:24] {@Threei}  somewhat weird trigger
01[10:25] {@Threei}  and weird trading
[10:27] {fish_49} out
01[10:28] {@Threei}  no go
01[10:35] {@Threei}  YHOO should be close to the top
[10:36] {fish_49} WMT
[10:36] {dino} xlrn smr s .25 hooker
01[10:38] {@Threei} Short Setup: YHOO  .60 break
01[10:38] {@Threei}  If holds  .70
[10:41] {RonS} big volume into bbry
01[10:41] {@Threei}  BBRY Hearing recent strength attributed to circulation of tech blog reports that Blackberry's QNX powers Apple's Carplay product
01[10:41] {@Threei}  Invalidated
01[10:45] {@Threei} Short Setup: MCD  .95 break
01[10:46] {@Threei}  If holds  .05
[10:49] {dino} opht spikey
[10:53] {munky} vad any fb read?
01[10:53] {@Threei}  nothing really definitive
[10:54] {RonS} that is fb in a nutshell...
01[10:54] {@Threei}  but keeping an eye on it
[10:55] {munky} i like it long, not here exactly, but think it wants up
01[10:56] {@Threei}  .40 is a trigger but there is no good placer for a tight stop
[10:56] {fish_49} i was just typing that
[10:57] {munky} size down
[10:57] {fish_49} but I would say place not placer
01[10:57] {@Threei}  that's because you unlike me can type
[10:57] {fish_49} lol
01[10:58] {@Threei}  maybe .30 can work as support if consolidates for a min or two more
[11:00] {fish_49} munky did you take the .40 break?  u had 1:1
[11:00] {fish_49} someone step on Big Mac
01[11:01] {@Threei}  seriously, I've no idea where commentators and market as a whole got the idea that tension eases. If anything, Putin said he intends to continue, he may not limit to Crimea but move on Eastern Ukraine as well, and everyone is an idiot and can't stop him
[11:02] {munky} yes
[11:02] {munky} partialed .50
[11:02] {munky} half left
[11:02] {munky} thinkin target .63
[11:02] {dino} 3i, thats how i read it
[11:02] {dino} he's not budging
01[11:03] {@Threei}  not in the least
01[11:03] {@Threei}  and threatens more
[11:03] {fish_49} so lets get short everything and no stop
01[11:03] {@Threei}  lol
[11:03] {munky} out .63
[11:03] {munky} ty munky, er um vad
[11:03] {munky} lol
01[11:04] {@Threei}  who mixed weed in his bananas?
[11:05] {_illyakuryakin} a smugler?
[11:08] {_illyakuryakin} metals retreat as tension eases ...right?
[11:08] {RonS} ire near lod
01[11:08] {@Threei}  precious metals you mean?
[11:08] {_illyakuryakin} yes
01[11:08] {@Threei}  yup
01[11:09] {@Threei}  "safe haven"
[11:09] {_illyakuryakin} SLV breaks 20 = no war
[11:09] {_illyakuryakin} for now...
[11:10] {_illyakuryakin} me thinks
[11:13] {dino} ire hl l .76
[11:27] {ese} looks like I should have partialed kmx
[11:29] {nemo} looks like I'm down until Thursday
[11:29] {fish_49} y
01[11:30] {@Threei}  how come nemo?
[11:30] {fish_49} ese  kmx?  but who knew Putin was gonna break weak  so easy?  you had know way of knowing
[11:30] {nemo} frickin' modem from my "new" ISP already on the fritz
01[11:31] {@Threei}  oh
01[11:31] {@Threei}  fish, you haven't completed the sentence
01[11:31] {@Threei}  full version:
01[11:31] {@Threei}  but who knew Putin was gonna break weak Western spine so easy
[11:31] {fish_49} messing with ese  he indicates above he should have stayed in KMX  longer
[11:31] {fish_49} ohhhhhhhhhhhhhhhhh
[11:32] {fish_49} lol
[11:32] {fish_49} your right Vad
[11:33] {RonS} ese calls Putin:  hey Vlad baby, back off...i've got a kmx position on...
[11:34] {fish_49} Wish ese can call Vlad and ask him to surround the McDonalds
[11:34] {RonS} Putin:  ...anything for you, drummer boy...
[11:34] {fish_49} so ese and putin are like Kim Jung Un and Denis Rodman?
[11:35] {_illyakuryakin} 3i, cartilage does not break...it bends.
01[11:35] {@Threei}  lol ilya
[11:37] {ese} hey fish.....normally on shorter plays i will go ½ then out a another quarter then full.....
[11:37] {fish_49} yea  You kept that over night  right?
[11:38] {ese} you guys were on me about him yesterday calling him stupid....the financial markets sold off Russian currency like crazy.....what'd they finally loose a trillion or so.....that was a no brainer
[11:38] {ese} hopefully he needed that to pay off Sochi......dumb ass
[11:39] {ese} ya...kept it overnight.....based on a strong daily chart cup and handle
[11:40] {ese} and breaking above some ma's
[11:41] {ese} calculated guess.....it could have gone the other way......i figured maybe 2bills with 600 shs...another learning experience
[11:43] {dino} maybe putin was short going into that
01[11:45] {@Threei}  ese... you seem to use terms evil and stupid interchangably
01[11:45] {@Threei}  no one argued against him being evil
01[11:46] {@Threei}  but stupid? not in the least
01[11:46] {@Threei}  now... he exports oil, right?
01[11:46] {@Threei}  and whole country in fact lives off of that
01[11:47] {@Threei}  so, how do you think rouble selloff impacted his economy, negatively or positively?
01[11:47] {@Threei}  tell me again how he is stupid
[11:47] {munky} im confused??
[11:47] {fish_49} de-valued his currency and gave him less international buying power
01[11:48] {@Threei}  he is and EXPORTER
01[11:48] {@Threei}  an
[11:48] {_illyakuryakin} oil goes up
01[11:48] {@Threei}  exporting countries benefit from weak currency
[11:48] {dino} dhe boosted price of his oil
[11:48] {dino} exactly
01[11:48] {@Threei}  and yes, conflict lifted the price of oil
01[11:49] {@Threei}  double win
[11:49] {dino} i also think he had huge shorts placed on markets, he knew when he was invading, so why not
[11:51] {fish_49} who buys the largest share of Russian Oil?
[11:51] {dino} europe
[11:52] {dino} as with natty gas
01[11:52] {@Threei}  now ese... think Putin is burdened by cost of Olympics very much?
[11:52] {RonS} President Obama: 'We believe the Ukrainian people should be able to decide their own future'...(but US citizens can screw themselves...they must do as I say)...
01[11:52] {@Threei}  how much do you think Russia made by selling oil in 2013?
01[11:53] {@Threei}  $415 billion
[11:54] {RonS} and how about natty?
01[11:55] {@Threei}  don't know
[11:55] {fish_49} Ukraine has their own Nat Gas  right?
[11:55] {_illyakuryakin} its flared
01[11:55] {@Threei}  can find it but even that number tells you how he just doesn't care about measly 50 b
01[11:55] {@Threei}  half of which was stolen anyway
01[11:55] {@Threei}  no fish
01[11:55] {@Threei}  coal, ire
[11:56] {dino} russian pipelines carry russian gas thru ukraine to europe, about 40% of europe gas needs
[11:56] {_illyakuryakin} hmmm
[11:56] {dino} fracking is going to start looking prettyu good to europeans soon
[11:56] {fish_49} oh  My  so my statement earlier is not far off.  They dont have their own Oil but the pipes on their land control  a huge share
01[11:57] {@Threei}  well, what is it they control?
01[11:57] {@Threei}  they are paid for use of the land
[11:58] {fish_49} but if they dont like the price given for land rights  they are in control
[11:58] {dino} past 3 years with disputes, russia simply cut off gas supply
01[11:59] {@Threei}  they really are not fish
01[11:59] {@Threei}  they need that gas
01[12:00] {@Threei}  they demand more than russia is willing to pay, russia shrugs and closes supply
[12:00] {dino} fish, its the golden rule w/russia, "whoever has the gold (gas) rules
[12:00] {fish_49} yea  I have no clue .. I should pay closer attention to politics in that region.  
01[12:00] {@Threei}  next thing you know, Ukraine and half of Eutope freezes
[12:00] {dino} bingo!!!!
01[12:00] {@Threei}  anfd guess who Europe blames?
01[12:00] {@Threei}  Ukraine, for demanding unreasonable payment
[12:00] {fish_49} Ukraine?
[12:00] {dino} watch for usa to start granting natty gas export permits for europe
[12:01] {dino} drill baby drill
[12:04] {ese} am gone....cya tomorrow
01[12:04] {@Threei}  take care ese
[12:04] {dino} cya
[12:08] {RonS} dino, isn't the restriction only oil...natty exports waiting for two lng facilities to be completed?
[12:10] {dino} govt has restricted it to 2, many waiting
[12:13] {dino} i froze the ire
01[12:16] {@Threei} Short Setup: FB  .65 break
01[12:17] {@Threei}  If holds  .75
01[12:31] {@Threei}  1:1
01[12:47] {@Threei}  yup, they are scared:
01[12:47] {@Threei}  (RU) Russia Foreign Ministry: Any sanctions imposed by the US on Russia would trigger a response, and not necessarily a symmetric response
[12:48] {thomcbell} wow spwr trying to break out but already up so much probably spikes and fails
01[12:48] {@Threei}  (UR) US Sec State Kerry: Russia has worked hard to create a pretext for invading the Ukraine; US is not looking for a major confrontation with Russia
[12:51] {dino} russia basically just said "f u"
01[12:52] {@Threei}  you mean reiterated
[12:52] {fish_49} so war with words for awhile
01[12:52] {@Threei}  they don't get it... both EU and US current clowns
01[12:52] {@Threei}  here is simple truth:
[12:53] {dino} russia gets it. troops are still in ukraine
01[12:53] {@Threei}  for Putin, Ukraine as a member of NATO is unacceptable. Period
[12:53] {dino} they know obummer doesn't have any balls
01[12:53] {@Threei}  there is no way he agrees to that, no way no how
[12:53] {fish_49} yea  thats  what I was gonna ask  are there any reports of actually seeing the troops being pulled back?
01[12:54] {@Threei}  there is no any depth he won't go to to prevent that
01[12:54] {@Threei}  not at all fish
01[12:54] {@Threei}  Crimea is effectively occupied
[12:54] {fish_49} the last report I watched was many drunk soldiers
[12:55] {fish_49} we should be buying stock in Vodka  today as they celebrate
01[12:55] {@Threei}  if he has to break Ukraine by two parts to prevent that outcome, he will do it
[12:55] {dino} all i saw was a cease to war games near border, troops still in crimea
01[12:55] {@Threei}  and he has means to do it
01[12:55] {@Threei}  he won't have to start all-out war to achieve that
01[12:56] {@Threei}  there are old fault lines in Ukraine that can be exploited to achieve the civil war and breakdown
01[12:56] {@Threei}  cultural, ethnic, language, historic
[12:56] {fish_49} re-draw map?
[12:57] {dino} back o the ussr
[12:57] {fish_49} That song will come back?
[12:58] {dino} would have to think jeb is taking a serious look at this
01[13:08] {@Threei}  WH Press Secretary: Considering multiple violation of international law by Russia, we made a difficult decision to unfollow Russia on Twitter
[13:10] {_illyakuryakin} they still have the red pohone tho...
[13:10] {_illyakuryakin} phone
[13:11] {dino} russia to obummer, "go ahead, i double dog dare ya"
[13:11] {_illyakuryakin} poker vs chess
[13:12] {fish_49} whats in the Obummer hand?  pair of 3's?
[13:13] {_illyakuryakin} kangaroo streit
[13:14] {fish_49} MCD took out some stops?
01[13:15] {@Threei}  ?
01[13:15] {@Threei}  it neverf got out of the range
[13:15] {fish_49} I see a wick reaching up to .99
01[13:20] {@Threei}  yes... and stop is...?
[13:20] {fish_49} .05
[13:20] {fish_49} at least mine is
01[13:21] {@Threei}  so how .99 matters?
[13:21] {fish_49} it don't
[13:21] {fish_49} just commented on that fast wick
01[13:22] {@Threei}  oh
01[13:22] {@Threei}  I connected it with "taking out stops"
[13:22] {fish_49} yes
01[13:22] {@Threei}  I should make less connections
06[13:22] * @Threei drops twitter
[13:22] {fish_49} flash wicks  like that  take out stops
[13:23] {fish_49} twtr bounced off support since the POTUS not following The Putin's
01[13:26] {@Threei}  I am losing interest in MCD
01[13:27] {@Threei} Long Setup:  FB  .80 break hl
01[13:27] {@Threei}  If holds  .70
01[13:28] {@Threei}  good chart, hlis just ecause of the wrong time of the day
[13:28] {dino} hart spike
[13:29] {_illyakuryakin} this time of the day it's coiling
[13:34] {dino} snhy drop
[13:34] {mojo1} look at ebay vad
01[13:35] {@Threei}  looks dead
[13:36] {mojo1} ok
01[13:36] {@Threei}  out MCD .93
[13:42] {fish_49} every chart I look at seems to be the same
[13:42] {nathan} g afernoon
[13:42] {fish_49} Hello Mr Nat
01[13:42] {@Threei}  nathan :)
[13:43] {nathan} Hi Mr Fish
[13:43] {nathan} how was the morning?
[13:43] {dino} hey nat
[13:43] {dino} profittable but slow for me
01[13:43] {@Threei}  slooooow
[13:44] {fish_49} Big Gap up and Base
[13:44] {fish_49} Military Days we called it  Hurry up and wait
[13:45] {fish_49} MCD looks like it wants to pop
[13:45] {fish_49} at this point  keep original stop ?
[13:46] {thomcbell} jks just took off
01[13:46] {@Threei}  I have no read on it anymore
[13:47] {thomcbell} or took off more i should say
01[13:47] {@Threei}  closed it at .93
[13:47] {nathan} where's nemo today?
01[13:47] {@Threei}  connection problem
[13:47] {nathan} day off?
[13:47] {nathan} ah ok
01[13:47] {@Threei}  he changes ISP from bad to worse
[13:48] {fish_49} his bunny broke his internet  so he is in and out
[13:48] {nathan} lol
01[13:48] {@Threei}  and yes, bunny chewed through the wire
01[13:48] {@Threei}  which was a total surprise since nemo thought he had wireless internet
[13:48] {fish_49} lol
01[13:48] {@Threei}  wow
01[13:49] {@Threei}  (RU) Russia has test fired an intercontinental ballistic missile (ICBM) - press
[13:49] {nathan} hey what's going on?
01[13:49] {@Threei}  Putin refreshed his short
01[13:50] {@Threei}  idiocy
[13:50] {fish_49} US promised 1 billion loan to Ukraine
01[13:50] {@Threei}  why do they sell on that?
01[13:50] {@Threei}  do they really think Russia starts WW3?
[13:51] {fish_49} no  the missle had the Pithovirus on it.  it was being preserved in Siberia
[13:51] {dino} tza hl l .50
[13:51] {fish_49} I'm starting that rumor  so I can get out of my MCD trade
01[13:51] {@Threei}  I withdraw my refrain "the world is full of idiots" and replace it with "the world is overfilled with idiots"
[13:52] {dino} ire stop to .90
01[13:53] {@Threei} Long Setup:  SPY  .35 break
01[13:53] {@Threei}  If holds  .25
01[13:54] {@Threei}  you covered fish?
[13:54] {fish_49} just did
[13:54] {fish_49} .93
[13:55] {fish_49} damn  I was being greedy
01[13:55] {@Threei}  good, IMO
[13:55] {dino} gj
01[13:55] {@Threei}  trade lost drive
[13:55] {fish_49} got some at .92  so I covered comms
01[13:55] {@Threei}  1:1
[13:58] {fish_49} Cells infected with Pithovirus, a 30,000-year-old virus recovered from the Siberian permafrost
01[13:59] {@Threei}  here is what happened to MCD trade:
01[13:59] {@Threei}  And enterprises of great pith and moment
01[13:59] {@Threei}  With this regard their currents turn awry,
01[13:59] {@Threei}  And lose the name of action. - Soft you now!
01[13:59] {@Threei}  it also somehow is connected to Pithovirus
[14:00] {dino} and flying pigs too, right?
01[14:00] {@Threei}  well, as far as MCD is conerned, it's rather cows?
[14:00] {fish_49} Can we inject Pithovirus in Big Macs?  I want to start that rumor
[14:01] {nathan} watching NTAP
[14:04] {dino} ire out .91, +.15
[14:04] {fish_49} were you long?
[14:05] {dino} y
[14:05] {dino} from .76
01[14:09] {@Threei} Long Setup:  NTAP  .15 break
01[14:09] {@Threei}  If holds  .05
01[14:09] {@Threei}  in case you wanted my read on it
[14:09] {dino} fmi drop
[14:10] {nathan} you like it Vad?
01[14:10] {@Threei}  wouldn't call it if I didn't :)
[14:10] {nathan} lol
01[14:10] {@Threei}  never called any girl I didn't like
01[14:10] {@Threei}  errr, stock
[14:11] {nathan} :-)
[14:11] {fish_49} you liked Larissa?
[14:11] {fish_49} lol
06[14:12] * @Threei makes amental note to keep fish away from the wife when fish visits Victoria. He names names
[14:12] {dino} pita trade. finally covered xlrn .35, +.90
[14:12] {fish_49} lol
[14:12] {fish_49} lol
[14:13] {fish_49} I didnt like her  she complained about my screen name
[14:13] {fish_49} it was all caps  and it drove her crazy  lol
[14:13] {thomcbell} yhoo 39.50 long break
01[14:18] {@Threei}  - Follow up 14:10ET: Putin press Secretary Peskov: Russia plans all missile tests well in advance
01[14:18] {@Threei}  heh
[14:18] {fish_49} He learned that from Kim Jung Un
[14:19] {thomcbell} this is comedy
01[14:22] {@Threei}  guess who is laughing the loudest
[14:22] {fish_49} Sarah Palin?  lol
01[14:23] {@Threei}  she and Romney are second loudest
01[14:23] {@Threei}  Putin is still first
[14:23] {_illyakuryakin} does he laugh?
01[14:24] {@Threei}  hmmm
01[14:24] {@Threei}  good question
01[14:24] {@Threei}  giggles I think
01[14:24] {@Threei}  and smirks
[14:25] {_illyakuryakin} yea
[14:28] {_illyakuryakin} cunning humility
[14:29] {fish_49} I see a pic of Putin smiling  and the caption at bottom says  "When he smiles, You know somebody is dying horribly"
01[14:30] {@Threei}  lol
01[14:30] {@Threei}  here market comes back
01[14:31] {@Threei}  finalkly realizing that line meant zilch
[14:34] {nathan} what a pain!
[14:35] {dino} tza to .57
[14:37] {fish_49} markets are in extended lunch?
[14:39] {munky} fwiw, i think mkts will rock into bell
[14:39] {munky} if so, i dont want to be short
[14:39] {fish_49} ever seen a tall munky?
[14:39] {munky} now this is subjrct to change if it tanks
01[14:39] {@Threei}  DoD says they were not surprised by missile test which was planned in avdance
[14:39] {dino} tza out .60, +.10
01[14:40] {@Threei}  so why these imbeciles sold off in panic?
01[14:40] {@Threei}  did they also hide under the desks?
[14:40] {dino} because most did not know it was planned
01[14:41] {@Threei}  yeah but what did they think, Russia started ww3?
[14:41] {munky} hey, anyone know tza counterpart? the bull trust x3
01[14:41] {@Threei}  TNA
[14:41] {fish_49} cousin  TNA
[14:41] {dino} posturing 3i
01[14:41] {@Threei}  sure
[14:41] {dino} tna munk
[14:42] {munky} ty both
01[14:43] {@Threei}  both?
01[14:43] {@Threei}  3 answered
01[14:43] {@Threei}  who exactly have you decided not to thank?
[14:44] {munky} tza
[14:44] {dino} me i guess
[14:45] {thomcbell} i wonder what happened to scty here
[14:45] {munky} ttttaztzabbbbb
[14:47] {munky} dammit
[14:47] {munky} wrong keypad lol
01[14:48] {@Threei}  hmmm... I guess this is very good practice to keep a separate keyboard for porn sites
[14:48] {nathan} lol
01[14:49] {@Threei}  but I have to say, those are weird nicknames they use over there
01[14:53] {@Threei}  1:1
01[14:53] {@Threei}  took its sweet time, eh?
[14:54] {nathan} so long for me
[14:54] {nathan} almost rinsed :-)
01[14:54] {@Threei}  yeah, was on the verge of stopping out
01[14:55] {@Threei}  anyway, we got two winning trades out of this lunacy
01[14:55] {@Threei}  which is always a pleasure
[14:55] {nathan} oh yeah
01[14:55] {@Threei}  I like making money on lunatics
[14:57] {nathan} JPM trading on near HoD
01[15:00] {@Threei}  The Ukrainian flag is being proudly flown on Parliament Hill in Ottawa today to demonstrate our solidarity with the people of Ukraine.
01[15:00] {@Threei}  Putin: oops... I better back off...
01[15:02] {@Threei} Long Setup:  EBAY  59 break
01[15:02] {@Threei}  If holds  .95
01[15:02] {@Threei}  just a scalp most likely
01[15:03] {@Threei}  scalp type I
01[15:08] {@Threei}  Senior US official: Russia's test launch was 'on the books for some time' prior to Ukraine crisis
01[15:08] {@Threei}  lol
[15:13] {nathan} i got filled at 59,005
[15:14] {nathan} scratching the .01
01[15:16] {@Threei}  {.01} could you scratch just above the right shoulder blade plese?
[15:17] {goinshort} wow ebay upticked !!!
01[15:17] {@Threei}  it iksploded
[15:17] {dino} spike
01[15:17] {@Threei}  (yes, that's how you spell it)
[15:17] {goinshort} lol
[15:18] {nathan} lol
[15:19] {goinshort} next time it iksplodes i'm taking my 10 bucks
[15:19] {nathan} c'mon i saw prints  at .04
[15:19] {goinshort} ok i'll sell to you
[15:20] {nathan} lol
[15:27] {dino} nsm spike
[15:37] {nemo} still boring
[15:38] {nemo} ?
01[15:38] {@Threei}  pretty much
01[15:38] {@Threei}  but market reversed fully from that idiotic drop
[15:38] {nemo} bull market
[15:38] {nemo} well, consolidating bull anyway
[15:39] {nathan} well time to go
[15:40] {nathan} have a nice evening
[15:40] {nathan} c u tomorrow
01[15:40] {@Threei}  you too nathan
01[15:42] {@Threei}  here it comes gs
[15:42] {goinshort} cya all tomorrow
01[15:42] {@Threei}  iksplozhion
[15:43] {munky} ecksplufion
01[15:43] {@Threei}  played it with ECN rebatwe on two sides
01[15:43] {@Threei}  bought bid 59, sold offer .06, large shares
[15:43] {munky} i took .o4 and waiting .o9
[15:43] {munky} larger shares here
01[15:44] {@Threei}  hope you squeezed soemthing out of it, gs... see ya tomorrow
[15:44] {fish_49} what were ya trading  I was not here
01[15:44] {@Threei}  ok... let's get munky out now
[15:44] {fish_49} ok  take care  see ya tomorrow
01[15:44] {@Threei}  EBAY, fish
[15:44] {fish_49} k
[15:44] {munky} yea
[15:44] {munky} please
01[15:44] {@Threei}  scalp type I
[15:44] {munky} bye fish
[15:45] {goinshort} got 20 shorted it got 30 and quit - crazy day
[15:45] {goinshort} later
01[15:45] {@Threei}  I didn't get it but that's OK
01[15:45] {@Threei}  I don't get a lot of things
[15:45] {munky} u out
01[15:46] {@Threei}  [15:43] {@Threei} bought bid 59, sold offer .06, large shares
[15:46] {munky} i thunk about .08
[15:46] {munky} ah
[15:46] {munky} im in 59 so i can blow it out
01[15:50] {@Threei}  here it comes again
[15:53] {dino} calling it a day, slow one, but good one 4 for 4
01[15:54] {@Threei}  thank you all, have a good evening
01[15:54] {@Threei}  see you tomorrow

March 03 2014

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

Session Time: Mon Mar 03 00:00:00 2014

[08:47] {thomcbell} GM all

01[08:47] {@Threei}  morning thom

[08:49] {nemo} oh shit, Fasching ends tomorrow

[08:50] {nemo} so far we can't bet below S2 on the daily for IWM and SPY 

[08:56] {nemo} btw...vix should be a liquid and active play this week

[09:05] {dino} gm

01[09:05] {@Threei}  dino :)

[09:06] {dino} whoo-hoo, storm missed us

[09:06] {goinshort} gm all!

01[09:06] {@Threei}  gs :)

01[09:07] {@Threei}  thank god for small favors dino...

01[09:07] {@Threei}  one storm in the whole winter just had to leave you in luck

[09:08] {dino} teah, went from expected 12" of snow to a dusting, nice

[09:08] {dino} yeah

[09:10] {dino} i see leading from behind (the obama way) has really stopped russia

[09:10] {thomcbell} gld and gdx could be nice reversal plays 

[09:10] {thomcbell} dust too

01[09:11] {@Threei}  it so has dino

01[09:11] {@Threei}  he is trembling

01[09:11] {@Threei}  putin I mean

[09:11] {dino} say what you want, but "w" would have made them think twice

[09:12] {RonS} gm...hearing "obama launches verbs in attempt to thwart Russian advances in Crimea"... 

[09:12] {dino} lol, what no adjectives

01[09:12] {@Threei}  ron :)

01[09:12] {@Threei}  also, my favorite line from this morning:

01[09:12] {@Threei}  - France Foreign Min Fabius: Ukraine situation not bad enough to halt warship sales to Russia; seeking to stop Russia in Ukraine with diplomacy

01[09:13] {@Threei}  that tells Putin all he needs to know

[09:14] {RonS} fast sat morn snowstorm through denver triggered a 104 car accident on 8 lane I25 through central denver...1 dead, 30 to hospital...if was in East you would have heard about it...

[09:21] {ese} good morning

01[09:21] {@Threei}  hey ese

[09:22] {munky} morn

[09:22] {ese} hey vad

01[09:22] {@Threei}  munky :)

[09:22] {ese} munky

[09:23] {mojo1} gd morning

01[09:23] {@Threei}  mojo :)

[09:24] {RonS} jim morrison:  mr. mojo rising...

[09:24] {ese} couple of new handles on the board.....

[09:24] {dino} still makes me think of golf balls

[09:25] {ese} you still in 20 feet of snow there dino

[09:26] {nemo} we lucked out, got nothing

[09:26] {ese} was -35 in Red Deer last week

01[09:27] {@Threei}  (UR) Reportedly Russian Duma is debating a draft law to annex Crimea - CNN

[09:27] {nemo} frickin' global warming

[09:27] {ese} hmmmmmm.......i think that was funny

01[09:27] {@Threei}  that's for you east coast guys: https://www.facebook.com/VadymGraiferPhotography/posts/552902898141990

[09:28] {RonS} lol

01[09:30] {@Threei} Short Setup: C  .70 break

01[09:31] {@Threei}  If holds  .80 

01[09:31] {@Threei}  Invalidated  

01[09:32] {@Threei} Long Setup:  GDX  .60 break

01[09:32] {@Threei}  If holds  .55 

01[09:37] {@Threei}  meh

01[09:38] {@Threei} Long Setup:  GM  .40 break

[09:38] {dino} qiwi smr l .00

01[09:38] {@Threei}  If holds  .35 

01[09:39] {@Threei}  1:1  

01[09:44] {@Threei}  Chancellor Angela Merkel of Germany told Mr. Obama by telephone on Sunday that after speaking with Mr. Putin she was not sure he was in touch with reality

01[09:44] {@Threei}  who of them did she mean?

[09:44] {fish_49} lol

[09:45] {dino} lol

01[09:45] {@Threei} Long Setup:  GLD  130 break

01[09:45] {@Threei}  If holds  .90 

[09:46] {dino} out qiwi 43.05, +1.05

01[09:46] {@Threei}  wtg

[09:46] {dino} ty

[09:49] {ese} nice one dino

01[09:50] {@Threei}  1:1  

01[09:50] {@Threei}  1:2  

01[09:50] {@Threei}  that's GLD we know and love

01[09:50] {@Threei}  not that crawling earthworm it pretended to be

[09:53] {dino} z been wild, 90-79 then 89-81

01[09:54] {@Threei}  closed on a trail

[09:54] {ese} L KMX .02

[09:56] {thomcbell} EWG 31 LONG BREAK 

[09:56] {nemo} you got a live feed of the dax futures?

[09:57] {thomcbell} no 

[09:57] {fish_49} no

[09:57] {dino} no

[09:58] {dino} mkt drop

01[09:58] {@Threei}  (DE) German foreign ministry official / Europe State Secretary Roth: Germany prefers diplomacy to sanctions on Ukraine

01[09:58] {@Threei}  Putin: I like that

[09:58] {nemo} frickin' kaetchen

[09:58] {thomcbell} nope 

[09:59] {dino} they gave up pretty fast on ukraine

[09:59] {nemo} imo...ewg fraught with headline risk today

[09:59] {dino} w/friends like that....

01[09:59] {@Threei}  Russia and Ukraine are at war with each other and Germany tries to restore peace between them - my grandfather just turned in his grave

[09:59] {dino} russians will grab another country w/these reactions

[10:00] {nemo} remarkably un volatile open

01[10:00] {@Threei}  (UA) Ukraine Defense Min said to have indicated that it received notice from the Russia fleet that unless it surrenders in Crimea by 0300GMT, it may face a storm

01[10:00] {@Threei}  *(US) FEB ISM MANUFACTURING: 53.2 V 52.0E; PRICES PAID: 60.0 V 57.4E

01[10:01] {@Threei}  *(US) JAN CONSTRUCTION SPENDING M/M: +0.1% V -0.5%E

[10:01] {fish_49} snow quit falling  perhaps it won't be bad as predicted

[10:02] {nemo} and THAT was because of the weather

01[10:03] {@Threei} Long Setup:  FB  . 45 break hl

01[10:03] {@Threei}  If holds  .35 

01[10:06] {@Threei}  1:1  

01[10:07] {@Threei}  1:2  

[10:07] {ese} In this day and age it's mind boggling/stunning  that Putin can be this stupid.......

01[10:07] {@Threei}  stupid?

01[10:08] {@Threei}  you are kidding me

[10:08] {nemo} wtf

[10:08] {nemo} ese he's brilliant

01[10:08] {@Threei}  he gets all he wants, the rest stands and watches

[10:08] {nemo} he knows exactly what he's doing

01[10:08] {@Threei}  who is stupid?

01[10:09] {@Threei}  let me tell you what the plan is and what is going to happen

[10:09] {nemo} Crimea might be part of Ukrane but it has Looooong been attached to Russia...

[10:09] {ese} of course he's stupid.......people are gonna die

01[10:09] {@Threei}  like he cares

01[10:09] {@Threei}  1. Crimea is gone, it's Russian land now

[10:09] {ese} i guess

[10:09] {dino} har smr l .34

[10:09] {nemo} 1 person's death a tragedy, 20 million, merely a statistic

01[10:10] {@Threei}  2. Craftily staged provocations will launch similar demands for Russian protection in numver of major cities,

[10:10] {nemo} No F'n way Putin is giving up that sub base

01[10:10] {@Threei}  like Kharkiv, Donetsk, Lugansk, Odessa etc

01[10:11] {@Threei}  3. In those cities, and most of Ukraine, huge divide leads to internal war

01[10:11] {@Threei}  blood and dead people everywhere,

01[10:11] {@Threei}  and here comes part 4:

[10:12] {dino} stop har -.34

01[10:12] {@Threei}  world horrified of this asks the only force capable of stopping to intrude

01[10:12] {@Threei}  guess what this force is?

[10:12] {ese} stopped kmx .83 -.19

[10:12] {ese} canadian armed forces

01[10:12] {@Threei}  haha

01[10:12] {@Threei}  all 3 of them?

01[10:12] {@Threei}  that's frikin Russia

01[10:13] {@Threei}  this came Putin all of a sudden will become world's hope for restoration of peace

01[10:13] {@Threei}  this same

01[10:13] {@Threei}  just watch how it plays out

01[10:13] {@Threei}  He plays chess, all these folks barely learned how to put checkers on the board

[10:14] {ese} just sayin.........he's stupid

01[10:14] {@Threei}  they did nothing to stop him Georgia, and a year after incursion world returned to cooperation and trade with Russia, as if nothing happened

[10:14] {dino} i agree w/ya 3i. putin can only gain

01[10:15] {@Threei}  same will happen here

01[10:15] {@Threei}  no oner has appetite for any meaningful action, and none will come

01[10:15] {@Threei}  he knows it perfectly well, and does whatever he wants to assert his influence in the region

[10:16] {dino} bet ukrainians are missing dubya now

01[10:16] {@Threei}  if that's stupid, well...

01[10:16] {@Threei}  find a name for those who do nothing to stop him then

01[10:17] {@Threei}  Ukraine will be lucky to lose only Crimea

01[10:17] {@Threei}  if Putin dcides he wants Eastern Ukraine, there is nothing to stop him

01[10:17] {@Threei}  watching FB for bounce

[10:18] {fish_49} Yellow?

[10:19] {fish_49} lol

[10:19] {dino} z smr l /75

[10:20] {nemo} adbe

01[10:21] {@Threei}  wanted it from under 67...

01[10:21] {@Threei}  .10 looked too obvious, was high chance of a trap

[10:23] {thomcbell} gdx trying here 

01[10:27] {@Threei} Short Setup: EBAY  .90 break

01[10:27] {@Threei}  If holds  58 

[10:27] {nemo} illya Kuryakin...you must be a bit older

[10:28] {nemo} Saw you on CSI

01[10:29] {@Threei}  Invalidated  

01[10:29] {@Threei}  still watching though

[10:29] {__illyakuryakin} 66

01[10:30] {@Threei}  no clear setup, but it becomes a staple trader

[10:30] {nemo} where's your buddy Napoleon?

[10:30] {__illyakuryakin} they got him...

01[10:30] {@Threei}  lol

[10:30] {nemo} yeah, making him do law firm commercials these days

[10:31] {__illyakuryakin} sometimes i miss the commercials...haven't checked

[10:32] {nemo} can't say I go out of my way to watch TV

01[10:32] {@Threei}  how do you miss commercials?? that's all I watch

01[10:32] {@Threei}  otherwise how do I know what to buy

[10:32] {fish_49} lol

[10:33] {nemo} Vad it's simple...vodka

01[10:33] {@Threei}  yes but there are so many kinds...

[10:33] {__illyakuryakin} I'll have a slivovitz please

01[10:33] {@Threei}  TV tells me

[10:33] {nemo} one of each

[10:34] {nemo} slivovitz...oy brings back memories of drunken skiing in Oesterreich

01[10:34] {@Threei}  I bow to information gods manifesting their wishes via TV

01[10:34] {@Threei}  and goddesses

01[10:37] {@Threei} Long Setup:  FB  .50 break hl

01[10:37] {@Threei}  If holds  .40 

[10:39] {nemo} algo remarkably unpopulated and divided equally among strong and weak stocks

01[10:40] {@Threei}  1:1  

[10:40] {fish_49} ty

01[10:41] {@Threei}  yw

[10:42] {nemo} hey Illya, ever drink Spyritus

[10:42] {nemo} ?

[10:43] {nemo} I see the Oscars went politically correct last night

01[10:45] {@Threei}  where is Raven today

01[10:45] {@Threei}  I thought storm missed him

01[10:45] {@Threei}  1:2  FB 

[10:45] {fish_49} what part of the world is he from?

[10:45] {nemo} mid west

01[10:46] {@Threei}  Michigan if I remember correct

[10:47] {fish_49} ahh That is where I grew up

[10:47] {nemo} nothing getting above vwap indexes look short

[10:47] {goinshort} so did I

[10:47] {nemo} you mean where you were raised right fish?

01[10:47] {@Threei}  might be mistaken though, there is this German guy who prevents me from remembering things

[10:47] {fish_49} yea  lived there on lake erie as a guppy

[10:48] {nemo} grew up would be a real stretch

01[10:48] {@Threei}  what's his name...

01[10:48] {@Threei}  oh, Alzheimer

[10:49] {goinshort} lol

[10:49] {fish_49} you need Ginko  Vad

01[10:49] {@Threei}  is there a commercial for that?

[10:49] {fish_49} I used  to take it  for memory until someone asked me what supplements I was taking  and I couldn't remember.  was wasting money on Ginko  so I quit taking it

[10:49] {RonS} lol

01[10:49] {@Threei}  hehe

[10:50] {fish_49} true story

[10:50] {thomcbell} funny stuff fish

[10:50] {nemo} don't sit down so much fish, take the pressure off your brain

01[10:50] {@Threei}  Please give me this medicine helping with greed... and give me more, more!

[10:50] {nemo} qcom might be bear flagging

[10:50] {fish_49} Toad  that is  so lame  how old is that joke?  like maybe 3rd grade?

[10:51] {nemo} there probably are no new jokes fish...everything is repackaged

[10:51] {fish_49} agree

[10:51] {fish_49} just a different spin

[10:51] {nemo} Plu ca change plu cest le meme chose

[10:51] {fish_49} 'btw  I never told you why my bro got fired from WMT

[10:52] {nemo} I'll leave it alone

[10:52] {fish_49} he was in a meeting with his new boss  and his new boss was telling the staff about herself  and she told them  she had 2 little girls that she adopted from China

[10:53] {__illyakuryakin} Too many flashing pop ups here...won't go away

[10:53] {fish_49} my brother said in a low voice to his friend  "She is so Walmart even her kids are made in china

[10:53] {fish_49} the boss overheard it

[10:53] {fish_49} fired later that day

[10:53] {dino} lol\

[10:53] {RonS} lol

[10:53] {nemo} brilliant

01[10:58] {@Threei}  wow FB

[10:59] {munky} took out .87 fb, ty

01[10:59] {@Threei}  yw

[11:00] {ese} L kmx .99

[11:00] {thomcbell} like the tight range here in etn 

[11:01] {nemo} algo is now 2:1 strong side

[11:07] {dino} drop

[11:11] {dino} fmx smr l .65

01[11:11] {@Threei} Long Setup:  EBAY  .15 break

01[11:11] {@Threei}  If holds  .10 

01[11:13] {@Threei}  meh

[11:16] {dino} nus blood

[11:20] {nemo} here's the other reason Russia will stomp Ukraine:  http://goo.gl/nXlhGi

[11:20] {thomcbell} holy bounce in NOW

01[11:21] {@Threei}  In television interviews, Mr. Kerry suggested to expel Russia from the G-8. Germany, however, publicly expressed opposition to expulsion

01[11:21] {@Threei}  lol

[11:22] {fish_49} Kerry just wants to wipe the egg from his face  He feels used without lube

01[11:22] {@Threei}  Putin's health is in real danger. He might not survive all the laughter at the West cacophony

01[11:24] {@Threei}  EBAY somg

[11:24] {nemo} easy on the fauna there Vad

[11:29] {nemo} Going dark soon..switching ISPs today

01[11:30] {@Threei}  going to use ukrainian one, as a manifest of solidarity?

[11:31] {nemo} is that u or ese asking?

01[11:31] {@Threei}  that's right... as McCain (stupidly) claimed, "we are all Ukrainians"

[11:32] {RonS} ...which means Putin has been screwing us too...

01[11:32] {@Threei}  hehe

01[11:34] {@Threei} Long Setup:  TZA  .15 break

01[11:34] {@Threei}  If holds  .10 

[11:35] {nemo} Europe closed

01[11:37] {@Threei}  forever?

[11:38] {nemo} bored, huh?

01[11:38] {@Threei}  wow... Putin moves faster than I thought he would

[11:42] {thomcbell} vz 47.15 long break if holding 47.05

[11:43] {ese} am outta here...still long kmx

01[11:44] {@Threei}  take care ese

[11:44] {nemo} need to send him to a re-education camp

01[11:44] {@Threei}  ilya... do you have mirc?

[11:45] {_illyakuryakin} I tried, but no

01[11:45] {@Threei}  ?

[11:45] {_illyakuryakin} wont unzio i guess...

[11:45] {_illyakuryakin} unzip

01[11:45] {@Threei}  it's very easy to set up with configurator you can download from our page

[11:45] {_illyakuryakin} i did

01[11:46] {@Threei}  won't have any of those flashing ads of mibbit

[11:46] {nemo} if you add privoxy, that will take out the ads too

[11:46] {fish_49} if no ads then how will he know what to buy?

01[11:47] {@Threei}  that's why I watch all the ads I can

[11:47] {fish_49} lol

01[11:47] {@Threei}  run into real problem once though

01[11:47] {@Threei}  one of the ads was for ad-blocking app

[11:47] {fish_49} lol

01[11:48] {@Threei}  I of course installed it (afdter all it was recommended by an ad, right?)

01[11:48] {@Threei}  and lost all the ads

[11:48] {fish_49} the ad that ended all ad's

01[11:48] {@Threei}  after a week in the dark, not knowing anything and with no means of navigating therough the world I had to sacrficie something

01[11:49] {@Threei}  lustration of the ad-blocker followed

01[11:49] {@Threei}  life is good again

[11:49] {_illyakuryakin} configurator?

01[11:50] {@Threei}  http://www.realitytrader.com/rtmc.zip

01[11:50] {@Threei}  install mirc, then download this one and run it

01[11:50] {@Threei}  it will configure your mirc for our room

[11:51] {nemo} I'm going dark...see you...yeah like I'm not darkalready

[11:51] {_illyakuryakin} I thot that was mirc

01[11:51] {@Threei}  no

[11:51] {_illyakuryakin} where's mirc?

01[11:52] {@Threei}  mirc is separate software, this is a program that makes mirc configuration easy... without it mirc can be daunting

01[11:52] {@Threei}  mirc.com

[11:52] {_illyakuryakin} duh

01[11:52] {@Threei}  :)

01[11:58] {@Threei} Short Setup: C  .70 break

01[11:58] {@Threei}  If holds  .80 

01[11:59] {@Threei}  dino, ron... watching YNDX?

[12:00] {dino} i am now

01[12:04] {@Threei}  stop to .76

01[12:04] {@Threei}  1:1  

[12:05] {fish_49} huh?

01[12:05] {@Threei}  ?

[12:06] {fish_49} didnt see print 1:1

01[12:06] {@Threei}  12:05 candle, hit .60

[12:06] {fish_49} yep  see it  now  

[12:07] {thomcbell} gdx 

[12:08] {RonS} Citigroup Inc. has received subpoenas from the Federal Deposit Insurance Corp. and the U.S. attorney's office for Massachusetts over the firm's disclosure of alleged fraud in its Mexican unit, the firm disclosed in an annual regulatory filings in Monday

01[12:09] {@Threei}  fraud?

01[12:09] {@Threei}  in C??

01[12:09] {@Threei}  in Mexico???

01[12:09] {@Threei}  nooooooo

[12:09] {dino} smr l yndx .05

[12:11] {thomcbell} syna 62.28 short break

[12:11] {thomcbell} if holding 62.40 

[12:14] {thomcbell} syna stopped 

[12:14] {thomcbell} vz 1:1

[12:14] {fish_49} out C on the trail  thanks 

01[12:14] {@Threei}  :)

[12:14] {goinshort} got C thanks

01[12:14] {@Threei}  on my god

01[12:15] {@Threei}  you know what this spike is on?

01[12:15] {@Threei}  (RU) Russia navy in the Black Sea reportedly have no intent on launching an assault on the Ukraine military

[12:15] {fish_49} putin promise?

01[12:15] {@Threei}  sigh

[12:15] {goinshort} see obama scared him

01[12:15] {@Threei}  yup

01[12:15] {@Threei}  he is shaking in his sandals

01[12:16] {@Threei}  absolutely meaningless line

01[12:16] {@Threei}  there is no need in any assault, they already have whole peninsula under control

[12:17] {fish_49} c worth re=entry short?

01[12:17] {@Threei}  if it forms setup

01[12:17] {@Threei}  trading idea without setup is like wedding without bride

[12:18] {fish_49} like watering a dead plant?

01[12:18] {@Threei}  see, while nemo is not here I can risk such analogies

[12:19] {fish_49} lol

01[12:19] {@Threei}  if he were, we would get an eaeful about what to do with bride at different stages of the ceremony

[12:21] {fish_49} oh thats why the room is nice  Nemo left

[12:21] {fish_49} he took bunny to Vet?

01[12:22] {@Threei} Long Setup:  CAT  .95 break

01[12:22] {@Threei}  If holds  .85 

01[12:23] {@Threei}  Invalidated  

[12:26] {dino} out z .35, +.60

[12:26] {RonS} wtg

[12:27] {dino} ty, took awhile

[12:47] {goinshort} wow just remembered who illya kuryakin was

[12:47] {goinshort} another brain cell aweakens!

01[12:47] {@Threei}  lol

01[12:48] {@Threei}  quick gs, pour some alcohol on it

[12:48] {RonS} cried Uncle, eh?

01[12:48] {@Threei}  :)

[12:48] {goinshort} lol

[12:49] {dino} out yndx .11, +.06 thing won't move

[12:49] {goinshort} russian born spy?  very interesting?

01[12:49] {@Threei}  alcohol is Darwin-inspired way to keep the brain efficient

01[12:49] {@Threei}  killing weak brain cells

01[12:49] {@Threei}  making sure only the fittest survive

[12:50] {thomcbell} vz 1:2

[12:50] {thomcbell} nice and boring

[12:50] {nathan} g. afternoon

01[12:51] {@Threei}  hey hathan

[12:52] {dino} slxp smr l .01 ave

01[12:53] {@Threei}  European Union leaders to meet for extraordinary summit on March 6 in Brussels to discuss situation in Ukraine

01[12:54] {@Threei}  march 6? to have enough time for Putin to supply vodka for the meeting I guess

[12:54] {dino} vhc spike

[12:55] {RonS} was on halt...careful

[12:55] {dino} it will be over for ukraine by march 6

01[12:55] {@Threei}  yup

01[12:56] {@Threei}  VHC Discloses awarded an ongoing royalty of 0.98% in case against Apple - filing

01[12:56] {@Threei}  (UR) Ukraine is said to be looking for a €3B amount in its first loan payment from IMF, to receive loan within 10-40 days - press

01[12:57] {@Threei}  as far as Crimea is concerned, it's already over

[12:57] {_illyakuryakin} by standown?

01[12:58] {@Threei}  all they need to do now to legitimize it, is to stage referendum which will rubber-stamp Crimea becoming part of Russia

01[12:58] {@Threei}  which is going to be done within a month or two

01[12:59] {@Threei}  that's all, world can whine all they want

[13:00] {_illyakuryakin} wine i say

01[13:00] {@Threei}  when whining doesn't help... wining is the only remaining option

01[13:00] {@Threei}  or vodkaing as the case may be

[13:01] {_illyakuryakin} yea...too weak

[13:01] {_illyakuryakin} wine too week

01[13:01] {@Threei}  friking CAT

01[13:01] {@Threei}  got away

[13:02] {munky} i hate cats lol

[13:10] {RonS} sm l lulu .45

[13:11] {thomcbell} gdx 26.42 short break if holding 26.50

01[13:12] {@Threei}  nemo brought the light

01[13:17] {@Threei}  YNDX waited for you to bail out, dino

01[13:18] {@Threei}  dirty rotten scoundrel

[13:18] {RonS} ...and don't look Z...

[13:19] {dino} yeah, i see that. take look at qiwi, russian stock too

01[13:20] {@Threei}  Q: The safest city in Ukraine right now?

01[13:20] {@Threei}  A: Chernobyl

[13:20] {thomcbell} hah

[13:21] {dino} true

01[13:22] {@Threei}  5 million russian-speaking in Germany petitioned Putin to protect them from oppression. They are being made to speak German and work.

[13:22] {RonS} lol

[13:22] {dino} bring on the troops

01[13:23] {@Threei}  let's try to use CAT's tendency to fail breakouts at this time of the day

01[13:24] {@Threei}  let it break .20, short on recross if stays under .30

[13:25] {nemo} what news precipitated this bottom

01[13:25] {@Threei}  idiotic line

01[13:25] {@Threei}  [12:15] {@Threei} (RU) Russia navy in the Black Sea reportedly have no intent on launching an assault on the Ukraine military

[13:26] {nemo} basically perfect gap bounce on spy and IWM

01[13:26] {@Threei} Short Setup: CAT  .20 break

[13:26] {nemo} too frickin' convenient

01[13:26] {@Threei}  If holds  .30 

01[13:26] {@Threei}  let's do hl

01[13:30] {@Threei}  1:1  

01[13:31] {@Threei}  DKTK setup in its glory

[13:31] {thomcbell} covering gdx flatish here

[13:31] {RonS} epam Putin on the bris...

[13:31] {thomcbell} gld held

[13:32] {RonS} in the 3i tradition of patting self on back...thinking that was my best yet...

[13:33] {thomcbell} VZ 1:3

01[13:33] {@Threei}  fair warning Ron... patting oneself on the back comes with many dislocated joints

01[13:33] {@Threei}  ask me how I know

[13:33] {thomcbell} if anyone took it i would take the trade

[13:33] {RonS} am in CO dislocated joints everywhere...

01[13:33] {@Threei}  nice one thom

[13:34] {thomcbell} tu

[13:34] {RonS} skiing and mary jane...

01[13:34] {@Threei}  mary jane?

01[13:34] {@Threei}  is it local variation of bloody mary?

[13:34] {RonS} marijuana...

01[13:34] {@Threei}  ah

[13:38] {RonS} nus hung

[13:41] {dino} rai spike

[13:41] {nathan} watching MO

[13:42] {RonS} LO too

[13:42] {RonS} Putin must be smoking...

[13:42] {nathan} lol

[13:43] {RonS} Rumor has it that $RAI is in talks to acquire $LO, hence $LO's massive pop on the day

[13:45] {dino} rai smr s .64 wide

[13:49] {dino} cov rai .24, +.40

[13:49] {dino} peix spike

[13:53] {munky} any thoughts here? is mkt gonna crash into close or rebound to flat/green?

[13:53] {munky} nemo???

[13:53] {dino} my bet, sit about right here

[13:57] {dino} hmmm, going up

01[13:57] {@Threei}  any headline can change anything in a blink of eye

01[13:59] {@Threei}  (UR) Poland Foreign Minister: NATO will meet tomorrow to discuss aggression in Ukraine, meeting is to be held under Article IV of the NATO treaty

[13:59] {dino} poland probably a bit worried

01[13:59] {@Threei}  more than a bit

01[13:59] {@Threei}  all the countries of the former socialist block are

01[14:00] {@Threei}  memories are fresh

[14:01] {fish_49} how many are there?  and how many will assist Ukraine?

01[14:02] {@Threei}  no one will assist Ukraine

01[14:02] {@Threei}  in any military sense at least

01[14:02] {@Threei}  everyone will condemn

[14:03] {nathan} so many economic interests

[14:03] {fish_49} do yu have a pony in the race Vad?

01[14:03] {@Threei}  nope

01[14:03] {@Threei}  other than friends over there

[14:03] {fish_49} no family over there?

[14:03] {fish_49} ok

[14:03] {fish_49} in Ukraine or Russia?

01[14:03] {@Threei}  Ukraine

[14:04] {fish_49} ok I pick the side of Ukraine then  for the sake of your friends

01[14:04] {@Threei}  lol

[14:04] {fish_49} But I must admit  I kinda liked the way Putin Put Obummer in his place  lol

[14:04] {fish_49} am I bad for thinking that way?

01[14:05] {@Threei}  no, I can separate "right/wrong" from "smart/stupid"

01[14:05] {@Threei}  Putin is evil, but brilliant

[14:05] {goinshort} obummer will take credit somehow

[14:07] {munky} putin is ex-kgb correct?

01[14:07] {@Threei}  yup

[14:08] {dino} well i really bailed too soon on rai, about 2 bucks too soon

[14:09] {dino} obummer will simply say "it's not my fault" and blame bush

01[14:11] {@Threei}  well, it is bush's fault

01[14:11] {@Threei}  let me think how

01[14:11] {@Threei}  oh, what the hell, it just is

[14:14] {dino} if russia can do this without any resistance, whats to keep china out of taiwan. no fear of obummer standing firm

01[14:15] {@Threei}  Syria opened the door to this intrusion

01[14:15] {@Threei}  this oen will open the next

[14:15] {fish_49} yep  

[14:15] {dino} agreed

01[14:15] {@Threei}  price of doing nothing...

[14:15] {_illyakuryakin} Time to make peace Barry

[14:15] {RonS} taiwan will fight...

[14:15] {dino} you know n.korea and iran are loving this

[14:15] {_illyakuryakin} like Syria

[14:15] {fish_49} Putin saved Obama in Syria

[14:16] {RonS} saved?  he rolled him...

[14:16] {dino} yes

[14:17] {RonS} out lulu .85 +.40

[14:17] {dino} gj

[14:25] {fish_49} http://s1332.photobucket.com/user/bkhmd/media/1970394_10152028085132971_228444044_n_zps2c4901c9.jpg.html

[14:29] {dino} out slxp .77, +.76

[14:29] {RonS} gj

[14:30] {dino} ty

[14:30] {nathan} nice

01[14:33] {@Threei}  President Obama says Russia is 'on the wrong side of history' on Ukraine; says actions violate international law

01[14:33] {@Threei}  Putin, blushing: Ah, you are just saying that...

01[14:36] {@Threei} Long Setup:  LO  .80 break hl

01[14:36] {@Threei}  If holds  .70 

01[14:37] {@Threei}  1:1  

01[14:40] {@Threei}  Lavrov: Kerry's statements are unacceptable cliches of the Cold War times

01[14:40] {@Threei}  lol

01[14:40] {@Threei}  turning the tables on checkers' players

[14:41] {_illyakuryakin} poker

[14:41] {_illyakuryakin} vs chess

01[14:42] {@Threei}  1:2  

01[14:43] {@Threei}  1:3  

01[14:43] {@Threei}  my a$$ is out

01[14:44] {@Threei}  1:4

01[14:44] {@Threei}  Kerry? poker?

01[14:44] {@Threei}  tic tac toe

[14:45] {_illyakuryakin} yes, i bet

[14:45] {fish_49} more like Hangman

[14:45] {_illyakuryakin} bluff artest

01[14:45] {@Threei}  1:5...

[14:46] {fish_49} half out

01[14:46] {@Threei}  really?

[14:46] {fish_49} lol

[14:46] {fish_49} nooooo

01[14:46] {@Threei}  1:6

[14:46] {munky} out .31 and .41 ty

01[14:46] {@Threei}  YW

[14:46] {fish_49} I was in the garage  for a secoind  didn't see the call until 1:2

01[14:46] {@Threei}  classic BMR setup

[14:47] {fish_49} Bounce ?  ?

[14:47] {fish_49} Bounce ? Rally

[14:47] {fish_49} DBR  Drop base Rally is what I see  lol

[14:48] {fish_49} nice push up on the indexes

01[14:49] {@Threei}  look at BMR configuration

01[14:49] {@Threei}  compare with 1 min LO at the moment of the call

01[14:49] {@Threei}  1:10

[14:49] {munky} LO is gettin crazy

[14:49] {RonS} LO rdy

[14:49] {munky} could go nuts

01[14:49] {@Threei}  lol ron

[14:49] {fish_49} Base ? Rally?

01[14:49] {@Threei}  could go nuts?

[14:49] {fish_49} what is the M

01[14:50] {@Threei}  that reminds me a sign I saw in the middle of the road to Hana

01[14:50] {@Threei}  "curves ahead"

01[14:50] {@Threei}  really?? what the hell was that up to this point??

[14:50] {RonS} lol...worst drive have ever taken...

01[14:51] {@Threei}  fish... open the 111 Trades, look it up, will ya? :)

[14:51] {fish_49} ok sure I will

01[14:51] {@Threei}  bounce with mini-ranger setip

01[14:51] {@Threei}  range

01[14:51] {@Threei}  in Reversal chapter

01[14:52] {@Threei}  but spectacular as few others, eg Ron?

[14:52] {RonS} at the end...black sand beach...

[14:52] {fish_49} I still see A RBR set up

01[14:53] {@Threei}  yup... one of the most majestic beches I've seen

[14:53] {fish_49} where is that?

[14:53] {RonS} Maui

01[14:53] {@Threei}  road to hana, Maui

[14:54] {fish_49} ahhh  Never been there

[14:55] {fish_49} diid  honeymoon at Waikiki in 85  at the Big Surf inn

[14:55] {fish_49} lol

[15:10] {munky} fb pullls back

01[15:11] {@Threei}  EBAY too

[15:12] {fish_49} dow pulled back 45 points  thats  why

01[15:18] {@Threei} Long Setup:  EBAY  .10 brak

01[15:18] {@Threei}  If holds  58 

01[15:25] {@Threei}  stop .04

[15:26] {fish_49} we hit 1:1

01[15:27] {@Threei}  didn't get any prints at .20... and I was a second late to alert half out at .19

[15:28] {fish_49} i got filled  half out at .19  (500 Shares)

01[15:28] {@Threei}  cool, wtg

[15:28] {_illyakuryakin} gee...way to invest :)

01[15:28] {@Threei}  I believe right spelling is "inwest"

[15:29] {nemo} moon is made out of cheese too

[15:29] {fish_49} blue Cheese?

[15:29] {nemo} Toe cheese

[15:30] {_illyakuryakin} its amazing where they find cheese

[15:30] {nemo} aliens put it there

01[15:30] {@Threei}  and someone moves it all the time

[15:30] {nathan} thanks very much 

[15:30] {nathan} GN

01[15:30] {@Threei}  take care nathan

[15:30] {fish_49} you ever read the book Who Moved my Cheese?

01[15:31] {@Threei}  that's what I allude above

01[15:31] {@Threei}  1:1  

[15:31] {fish_49} you know what you call cheese that is not yours to move?

[15:31] {fish_49} Nacho Cheese

01[15:31] {@Threei}  Putin's cheese?

[15:32] {fish_49} nacho  not yo  notcho  nacho

[15:32] {fish_49} its  ok to laugh it was funny

01[15:32] {@Threei}  stop .09

01[15:35] {@Threei}  this is the guy I know and had some dealings with, although more with his closest partner: http://www.kyivpost.com/content/ukraine/billionaire-kolomoisky-takes-over-in-dnipropetrovsk-oblast-criticizing-putin-and-yanukovych-338261.html

[15:36] {fish_49} Brave Man

01[15:37] {@Threei}  I can't for the worls of me figure out why he took this job

01[15:37] {@Threei}  he llives in Switzerland for 10 years

01[15:37] {@Threei}  has Israelu citizenship

[15:38] {dino} bored perhaps

01[15:38] {@Threei}  well, he owns a lot of things in Ukraine

01[15:38] {@Threei}  maybe that camer under the threat of losing

[15:39] {_illyakuryakin} oh geez my firewall is blocking this guy...

01[15:39] {@Threei}  with fortune of 2-3B, you mostly have that in properties

[15:39] {fish_49} hard stop and hard profit in place  gotta use cr

01[15:40] {@Threei}  still, hnis closest partner, my classsmate, does nothing of sorts

01[15:40] {@Threei}  remains behind the curtains

[15:41] {fish_49} the iron curtains?

[15:41] {fish_49} lol

[15:41] {_illyakuryakin} digital

[15:42] {dino} "iron bars do not a prison make...but they sure do help" bugs bunny

[15:42] {RonS} i wanna shoot nemo's wabbit...elmer fudd

[15:42] {dino} lol

[15:43] {nemo} mmmhhhh....

[15:43] {fish_49} Beeep Beeep

[15:44] {nemo} ya' know...that could push me right over the edge

[15:44] {fish_49} again?

[15:44] {RonS} lol

[15:44] {nemo} I have an asshole brother that threatened the rabbit

[15:44] {dino} i have a couple of those

[15:44] {nemo} his head left a dent in the wall

[15:45] {nemo} yeah, I ascribe to the Cain and Abel school of family

[15:45] {RonS} epam spanked hard...

[15:45] {dino} lxft too

[15:47] {thomcbell} epam on earnings

[15:47] {RonS} naw, they came out and said the Ukraine thing could really screw them...

[15:48] {dino} yndx lots of exposure there too

[15:48] {dino} opps, lxft i mean

[15:48] {RonS} "material adverse condition"

01[15:48] {@Threei}  EPAM Systems Comments on Ukraine: The situation in the Ukraine is rapidly developing. Continuing to monitor, adjust our contingency plans and respond to developments; no impact yet on operations - filing- We have delivery centers in the Ukraine employing approximately 2,600 engineers, none of which are located in Crimea which is the area of reported military activity. We also have delivery centers in Russia, employing approximately 1,300 personnel located in various cities including Moscow and St. Petersburg. - At present we have not experienced any interruption in our office infrastructure, utility supply or Internet connectivity. All EPAM offices remain open and fully functional, including those we use in the Ukraine and Russia to support our clients. - We continue to monitor the situation closely. Our contingency plans include relocating work or personnel to other locations and adding new locations, as appropriate.

[15:48] {thomcbell} oh wow

[15:53] {_illyakuryakin} conciousness will prevail 

01[15:54] {@Threei}  over what?

[15:54] {_illyakuryakin} fanaticism

01[15:56] {@Threei}  it never did before, why start now

[15:56] {fish_49} oh my need to get out of Ebay  look the time

[15:56] {dino} out fmx .58 -.07, not in the mood to hold overnight

01[15:56] {@Threei}  2 min more

01[15:56] {@Threei}  hoping for last spike

[15:56] {_illyakuryakin} the day is young

01[15:56] {@Threei}  hehe

01[15:56] {@Threei}  youngish

[15:57] {_illyakuryakin} fleeting

[15:58] {fish_49} out here  thanks Vad

01[15:58] {@Threei}  ok, out EBAY into this strength

01[15:58] {@Threei}  thank you all, have a good evening

01[15:58] {@Threei}  see you tomorrow

[15:58] {fish_49} gn all

[15:58] {dino} gn all

[15:58] {munky} out ebay .26

[15:58] {munky} ty

[15:58] {dino} gj

[15:59] {goinshort} gn all

Market Week Wrap-up

TradeTheNews.com  Weekly Market Update: Markets Shrug Off Frigid Data and Unraveling Ukraine

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

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

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

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

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

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



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

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

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

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

TradeTheNews

Feb 28 2014

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

Session Time: Fri Feb 28 00:00:00 2014

[08:23] {dino} gm

[08:34] {fish_49} gm Dino

[08:34] {fish_49} I just grabbed the NQ  short 3699

[08:35] {fish_49} the news was not terrible  but not good  futures  have not moved significantly yet

[08:41] {dino} bit distracted

01[08:44] {@Threei}  morning guys

[08:44] {fish_49} morning

[08:57] {nemo} GDP revised down...crickets...must be the weather...can you say "bull market"?

01[08:59] {@Threei}  well... there is always taper of taper to taper the fear

[08:59] {nemo} hurts just reading that sentence

01[09:00] {@Threei}  sorry

[09:03] {dptl} morning all

[09:06] {RonS} gm everyone...chi pmi 9:42 est...

01[09:06] {@Threei}  dp, ron :)

[09:06] {nemo} we're going higher

[09:07] {fish_49} maybe so Nemo Toad

[09:07] {fish_49} I'm getting ready to get stopped out on the NQ trade

[09:08] {nemo} you short?

[09:08] {fish_49} yea 

[09:08] {fish_49} small risk  in front of the news  my loss will be small

[09:09] {nemo} which is more than we can say regarding your prescence here

[09:09] {fish_49} thanks for recognizing

[09:17] {munky} morning

01[09:17] {@Threei}  munky :)

[09:19] {mojo1} morning

01[09:19] {@Threei}  mojo :)

[09:19] {nemo} looks like it's gonna' be a slow day

[09:20] {dino} summer friday

[09:20] {dino} :)

[09:20] {darekj} gm all

01[09:20] {@Threei}  dino, darek :)

[09:20] {dino} another 12" predicted for sunday night into monday here

[09:20] {dino} of snow

01[09:20] {@Threei}  oh boy

[09:21] {RonS} BREAKING: Citigroup cuts 2013 earnings after finding fraud at Mexico unit

[09:21] {fish_49} glad I didn't sell the snow blower yet

01[09:22] {@Threei}  fraud? in bank? in Mexico? nooooooooo,,,

[09:22] {nemo} we're getting another storm Sunday night

[09:22] {dino} must be one hell of a fraud to knock c down

[09:28] {nemo} not by much...it'll be right back up

[09:28] {nemo} bull market

01[09:28] {@Threei}  C frmed .20 - .30 range

[09:29] {dino} crm, mdvn, kbr, cgen

01[09:29] {@Threei}  couple min in this range, and open break setup will be in play

01[09:30] {@Threei} Long Setup:  C  .30 break

01[09:30] {@Threei}  If holds  .20 

01[09:32] {@Threei}  Invalidated  

01[09:35] {@Threei} Short Setup: EBAY  .85 break

01[09:35] {@Threei}  If holds  .95 

[09:36] {nemo} dino deck

01[09:36] {@Threei}  1:1  

[09:36] {munky} man i missed it 

[09:36] {munky} and fingrer on trigg

[09:36] {nathan} i missed too

01[09:36] {@Threei}  1:2  

[09:36] {fish_49} got half my l;ot

[09:37] {dino} cgen smr l .45

01[09:37] {@Threei}  1:3  

01[09:37] {@Threei}  get out fish

[09:37] {fish_49} out in full

[09:37] {RonS} cgen secondary announced...no price...

[09:37] {fish_49} never had chance to partial

[09:38] {munky} it was .87 and i had fing on trigg and blew passed me

[09:39] {darekj} ty Vad

[09:40] {dino} crm smr l .60

01[09:40] {@Threei}  darek :)

01[09:41] {@Threei} Long Setup:  EBAY  .55 break

01[09:41] {@Threei}  If holds  .45 

01[09:42] {@Threei}  no go

[09:43] {fish_49} sitting on hands until news comes out

[09:44] {nemo} bad will be blamed on the weather...don't worry about it

01[09:45] {@Threei}  *(US) FEB CHICAGO PURCHASING MANAGER: 59.8 V 56.4E

[09:45] {nemo} good news

01[09:45] {@Threei}  mostly, yes

01[09:46] {@Threei}  new orders down a little

[09:46] {fish_49} MI Sent?

01[09:46] {@Threei}  and orders backlog

[09:46] {nemo} bad news is bought so this will be in the bought category

[09:50] {dino} crm wall .00, keeps getting rejected

01[09:51] {@Threei} Long Setup:  FB  .55 break

01[09:51] {@Threei}  If holds  .45 

01[09:54] {@Threei}  come on... 1 cent to 1:1?

01[09:54] {@Threei}  stop to .49

01[09:55] {@Threei}  *(US) FEB FINAL UNIVERSITY OF MICHIGAN CONFIDENCE: 81.6 V 81.2E V

[09:55] {nemo} the lumpens have spoken

01[09:57] {@Threei}  C is positive

01[09:58] {@Threei}  out

01[10:00] {@Threei}  *(US) JAN PENDING HOME SALES M/M: 0.1% V 1.8%E; Y/Y: -9.1% V -10.8%E

01[10:03] {@Threei} Long Setup:  GM  .25 break

01[10:04] {@Threei}  If holds  .15 

01[10:05] {@Threei}  let's change it to .20 break, if holds .10

01[10:14] {@Threei} Long Setup:  P  .12 break

01[10:14] {@Threei}  If holds  .02 

[10:14] {nemo} P on red side of algo

[10:17] {fish_49} GM on their Union Lunch Break?

01[10:17] {@Threei}  no kidding

[10:18] {nemo} said the retired club Fed employee

01[10:18] {@Threei}  let's trail it to .14

01[10:21] {@Threei}  P is valid

[10:24] {thomcbell} gm

01[10:24] {@Threei}  thom :)

01[10:24] {@Threei}  ok GM... you are our last hope

01[10:24] {@Threei}  (lord help us)

[10:25] {fish_49} lol

[10:27] {fish_49} out half

01[10:29] {@Threei}  hard to believe eh?

[10:29] {fish_49} If it gets to 1:3  b4  dinner  I will start paying Union Dues

01[10:29] {@Threei}  lol

[10:30] {fish_49} out here on the trail

01[10:30] {@Threei}  btw guys, so I don't forget to impart this nugget of wisdom you may need for the weekend

01[10:30] {@Threei}  Psycologists say hugging 8 people a day lifts your mood significantly. Alterantively, hitting just one in the nose gives statistically equal result.

[10:31] {fish_49} hahahahahahaha

[10:31] {thomcbell} splk my good ness

01[10:31] {@Threei}  fish, how do you trail them?

01[10:31] {@Threei}  trailing stop is .19 now

01[10:31] {@Threei}  and it was never hit

[10:32] {fish_49} .21 in this case

[10:33] {fish_49} it's not how I normally trail

[10:33] {fish_49} I usually look for the recent low of a bounce and 1 tick under that

[10:33] {fish_49} in this case actually I would have trailed to .15

[10:33] {fish_49} but  I wanted out

[10:35] {fish_49} I didn't say I was 100% cured of my fear issue..  I said  it's getting much better

[10:35] {fish_49} lol

01[10:37] {@Threei}  watching EBAY for reversal up

[10:38] {fish_49} around .65 area?

01[10:39] {@Threei}  just need to form a setup

[10:39] {fish_49} or perhaps down near .25

[10:40] {fish_49} coffee time  hold the set up

[10:41] {dino} chaos here today, too many distractions

06[10:41] * @Threei hands dino AK-47 to deal with distractions quickly and effectively

[10:42] {fish_49} sorry Dino  I will shhhhhh

[10:43] {thomcbell} c 0.65 short break vad}

[10:43] {dino} no, i mean at my house, contractors, delivery guys, wron color fixtures, etc

01[10:43] {@Threei}  looks right although I'd prefer .70

[10:45] {dino} alny drop

[10:48] {fish_49} when you say you prefer .70  you mean long 

[10:48] {RonS} rvlt l .19

01[10:49] {@Threei} Long Setup:  EBAY.90  break

01[10:49] {@Threei}  If holds  .90 

01[10:49] {@Threei}  If holds  .80 

[10:52] {RonS} out rvlt flat...should have popped...

01[10:52] {@Threei}  1:1  

01[10:53] {@Threei}  did I wait enough for your coffee to arrive fish?

[10:53] {fish_49} yea  

[10:55] {fish_49} you asked earlier about my trails  I am trailing that  to .85  right now

01[10:57] {@Threei}  .89 here

[10:57] {munky} gm stopped correct?

[10:58] {fish_49} .99 trail now

[10:58] {dino} out ebay .11, +.19 ty vad

01[10:58] {@Threei}  yw

01[10:58] {@Threei}  1:2  

01[10:58] {@Threei}  balance srtopped on a trail after 1:1 partial out, yes

[10:58] {fish_49} out in full

[10:59] {fish_49} ty vad

[10:59] {thomcbell} swks 35.70 short break if holding 35.80 

01[10:59] {@Threei}  yw

01[10:59] {@Threei}  1:3  

01[10:59] {@Threei}  out

[11:00] {fish_49} that made up for a mistake I made this morning

01[11:05] {@Threei}  you mean that NQ short?

[11:05] {fish_49} no that was not a mistake  I was fine with that the risk was small

[11:06] {fish_49} you know  I always use hard stops

[11:06] {dino} ubnt drop smr l .98

[11:07] {fish_49} I was placing a hard stop and accidently doubled my position on a loser  

[11:07] {fish_49} Got out with the hot key but magnified my loss a bit

[11:07] {fish_49} I know you hate hard stops  But I will never give in  I will always use them

[11:11] {dino} i use them a lot fish

[11:11] {dino} except on gappers

[11:14] {mojo1} dino, ur gappers are like the grand canyon. lol

[11:16] {dino} out ubnt .38, +.40

[11:17] {dino} my edge mojo

[11:19] {RonS} mojo, dino sits on both sides bid/ask, and buys/sells to himself and makes money...Madoff taught him...

[11:20] {fish_49} lol

[11:20] {munky} lol

[11:25] {dino} lol ron, but seems to me you trade a lot of similar types

[11:26] {nemo} he's your groupie

[11:26] {munky} i noticed ron trades similar to dino, but less amplifioed

[11:27] {munky} dino vacations grande canyon...ron niagra falls

01[11:28] {@Threei}  and I have this bamboo waterfall in my backyard, 3 ft high

[11:29] {fish_49} I'm sure to an insect, it seems like Niagra

01[11:30] {@Threei}  neighbor's cat has healthy respect for it

[11:34] {dino} ubnt drops again

01[11:35] {@Threei}  statement from new Ukraine PM that can be translated: I have no idea what I am doing

01[11:35] {@Threei}  Yatseniuk intends to heal Ukraine’s economy with Euro-integration, austerity and monetary stimulus

01[11:35] {@Threei}  austerity and monetary stimulus?

[11:36] {thomcbell} small long ubnt

[11:37] {thomcbell} target 50ish

[11:37] {dino} drna drop

[11:38] {thomcbell} small ibd'er shakeout on ubnt 

01[11:39] {@Threei}  watching FB for pullback entry

[11:40] {munky} watching ebay

[11:40] {munky} strong

[11:55] {munky} .

01[11:58] {@Threei} Short Setup: FB  69 break

01[11:58] {@Threei}  If holds  .10 

01[12:01] {@Threei}  no go

01[12:02] {@Threei}  somg... rinse

[12:02] {fish_49} FacelessBook

[12:06] {nemo} was there news on sbux today

01[12:09] {@Threei}  no

[12:10] {nemo} seller 71

01[12:10] {@Threei}  this reads like total farce:

01[12:10] {@Threei}  (UA) Sec of State Kerry: Russia Foreign Min Lavrov has indicated Russia has no intention of violating sovereignty of Ukraine - Follow up: Russia press reports indicate the the armed men in Crimea have now taken control of the runway of the Sevastopol airport (vs prior reports of simply patrolling the area) - Russia President Putin: Military escalation in Ukraine would be unacceptible

[12:15] {fish_49} what did Kerry get in return?

[12:15] {fish_49} I mean what did he give

01[12:16] {@Threei}  he didn't give or get anything

01[12:16] {@Threei}  they oplay him for a fool

01[12:16] {@Threei}  EBAY... let's see if we can play DKTK here

[12:17] {dino} chaos, wrong shower had handicap handles. they bring another wrong color. they bring yet  another, wring side drain. i need a drink 

01[12:17] {@Threei}  lol

01[12:17] {@Threei}  told you... AK-47

01[12:17] {@Threei}  you shoot one, suddenly they all do everything right

[12:18] {dino} trying to support the little business, but sheesh, this has now taken 2 months and still no shower

[12:18] {fish_49} Portuguese contractors?

[12:18] {fish_49} there is a large Portuguese population in that area  right?

[12:18] {dino} no

[12:18] {fish_49} wrong city

[12:18] {dino} irish, german, italian

01[12:21] {@Threei}  crap... needed just one more cent downtick for entry

[12:24] {thomcbell} cbl 17.76 long break if holding 17.70

[12:24] {dino} gnca drop

01[12:25] {@Threei}  dirty rotten scoundrel, FB

01[12:28] {@Threei} Short Setup: EBAY  .50 break

01[12:28] {@Threei}  If holds  .60 

[12:31] {RonS} sale closeout

01[12:31] {@Threei}  lol

01[12:31] {@Threei}  1:1  

[12:45] {fish_49} 1/4 out here

[12:45] {fish_49} my stop to .43

[12:48] {dino} cgen out flat

[12:48] {fish_49} trailing stop to .38

[12:51] {fish_49} out in full ty Vad

01[12:52] {@Threei}  yw

01[12:54] {@Threei}  Carnage in Ukraine, civil unrest in Venezuela … and now, more bad news. The New York Daily News recently rocked the world with a story suggesting a looming clown shortage.

[12:54] {fish_49} Nemo willi highDmad

[12:55] {nemo} weak

[12:55] {fish_49} Nemo will be in High Demand

01[12:55] {@Threei}  no worry I think... in 3 years current white house administration will be free

[12:55] {fish_49} lol

[12:55] {fish_49} good point Vad

[12:56] {munky} picture obama in clown suit

[12:56] {munky} red nose lol

[12:57] {fish_49} Anyone heard how Fast and Furious  Holder is doing?

01[13:03] {@Threei}  {Hillary} you stop that right now, I will re-hire them all. Where would I find that many new clowns?

[13:04] {fish_49} Democrtatic Convention?

01[13:05] {@Threei}  Crimea airport overtaken by armed men does not accept flights from Kyiv

01[13:07] {@Threei}  at this rate next week Crimea will be russian territory

[13:07] {fish_49} nahhh

[13:07] {fish_49} Putin made a Promise

01[13:07] {@Threei}  oh

[13:07] {fish_49} Scouts Honor

01[13:08] {@Threei}  scout's promise to clowns?

[13:08] {fish_49} u don't trust him?

[13:08] {fish_49} lol

[13:09] {dino} funny the only people obummer takes to task are businessmen

01[13:09] {@Threei}  he still can't believe they bought that promise

[13:09] {fish_49} you r coorect Dino

[13:09] {fish_49} correct

01[13:09] {@Threei}  there is an old russian joke, popular to cite describing this kind of situations (don't groan Ron)

01[13:10] {@Threei}  about a guy who returned from Vegas with huge winnings

01[13:10] {@Threei}  asked how he managed to pull that off he said:

01[13:10] {@Threei}  well, I sat down at the table to play 21,

[13:10] {fish_49} WB Nathan

01[13:11] {@Threei}  after third round of dealing, host said he had 21,

[13:11] {nathan} hey thanks ;-)

01[13:11] {@Threei}  I asked to show the cards,

01[13:11] {@Threei}  he said "huh? it's customary here to trust the word!"

[13:11] {nathan} i'm following nemos therapy fish_49

01[13:11] {@Threei}  Well, you wouldn't believe the lucky streak I hit afdter that

01[13:12] {@Threei}  yes ron, this is the end

[13:12] {fish_49} lol  Trust but Verify is what Ronnie said to the Russians

01[13:14] {@Threei}  he actually used old russian proverb

01[13:14] {@Threei}  and even pronounced it in russian

[13:16] {thomcbell} made a small sale here ubnt 49.90 

[13:16] {thomcbell} + 0.60 

[13:17] {thomcbell} they almost got me 

01[13:17] {@Threei}  wtg

[13:19] {dino} gj

[13:19] {thomcbell} out another bit 50.19 on ubnt 

[13:22] {thomcbell} out 50.20 ubnt 

[13:23] {mojo1} fb strong

[13:23] {dino} sina sm l .95

[13:27] {thomcbell} nemo - nice vwap exit on ubnt 

[13:28] {thomcbell} thanks for the tutelage 

[13:28] {nemo} cool

[13:32] {mojo1} hey vad put down the vodka and make a trade

06[13:33] * @Threei racks AK-47

[13:33] {mojo1} racks ar-10 

[13:34] {munky} nemo, u work in gunshop?

[13:34] {nemo} yep

[13:35] {fish_49} work and nemo are both 4 letter words

[13:35] {munky} quiz..whats diff betwween ar-10 and ar-15...i know, c if u do

[13:35] {nemo} so isn't fish

[13:35] {nemo} ar-10 is a .308 7.62X51

[13:35] {munky} final answer??

[13:35] {nemo} ar -15 is a .223/5.56 and are civilian models

[13:35] {fish_49} the difference is the pin that makes one 3 round burst instead of 1 round burst?

[13:36] {nemo} actually, the lower is more heavily reinforced in the class-3 models

[13:36] {munky} correct, but u can buy ar-10/308 also

[13:36] {nemo} yes, which is a civilian model

[13:37] {fish_49} both are single round burst right?

[13:37] {nemo} civilians always are, need class-3 to get select fire which comes in semi, select (three round) and automatic

[13:38] {fish_49} but the 15 is easily modified  to give 3 round burst?

[13:38] {nemo} relatively, more complicated than the ak

[13:38] {fish_49} ok

[13:38] {nemo} have to replace the sear

01[13:39] {@Threei}  I hear the sound of Pearce Morgan puking

[13:39] {nemo} as a civilian, I would prefer not to get caught...having said that, select, or automatic is overrated unless you're laying down suppression fire

[13:39] {fish_49} hey I did not follow him  what actually happened?

[13:40] {fish_49} Believe it or not I kinda liked him even though he was a liberal

01[13:40] {@Threei}  nothing really... his disgusting smugness and anti-gun crusade wore off, ratings fell dramatically, and CNN kills his program

[13:41] {fish_49} so now if they get rid of the 360 dude, they will have a program

01[13:41] {@Threei} Short Setup: FB  .90 break

[13:41] {fish_49} so it was ratings?  I heard rumors that he was anti american  and I find that hard to believe.  I guess at some point we all are...

01[13:41] {@Threei}  If holds  69 

[13:42] {RonS} are you a Brit fish?

[13:42] {fish_49} no  just liked his style for some reason

01[13:42] {@Threei}  1:1  

01[13:47] {@Threei}  1:2  

01[13:48] {@Threei}  1:3  

01[13:48] {@Threei}  out

[13:48] {nathan} nice one Vad

[13:49] {darekj} ty Vad

01[13:49] {@Threei}  :)

[13:50] {dino} aet

[13:50] {dino} hl s .58

[13:52] {RonS} Aetna Board authorized the company to repurchase up to an additional $1 Billion of its common stock AET  

[13:53] {nathan} Vad in FB trade how did you know you could go further than 1:1?

01[13:54] {@Threei}  you never "know"

01[13:54] {@Threei}  you just follow the procedure

01[13:54] {@Threei}  partial and trail

[13:54] {dino} cov aet .44, +.14

[13:55] {nathan} everytime i try to do it i screw up

[13:56] {nemo} when you enter set an order for 1:1

[13:56] {nemo} then set your stop price and wait

[13:56] {nemo} now, you either get 1:1 or hit out if stopped

[13:57] {nathan} that's what i usually do, but when i try to hold "some" time more... 

[13:57] {nathan} then it goes against 

[13:58] {nemo} don't understand your statement

[13:58] {fish_49} thats part of the game Nat

[13:58] {thomcbell} my goodness cbl 1:1 

[13:59] {fish_49} AET suprised me

[14:00] {fish_49} I didn't take the trade but was a good learning tool.. Thanks Dino  

[14:00] {nathan} nemo i usually set my 1:1 for all shares

[14:00] {nathan} but not when I try to go for more than 1:1

[14:01] {fish_49} Nat  99% of the time  we are going for more than 1:1

[14:01] {nathan} really?

[14:02] {dino} slxp smr l .56 all over the place

[14:02] {nathan} my 99% are 1:1 :-(

[14:02] {fish_49} Can I explain why you should not do that?  I learned  the hard way

[14:02] {nathan} yes please

[14:03] {nemo} we're not going for anything

[14:04] {nathan} what u mean nemo?

[14:04] {nemo} we take what comes

[14:04] {nemo} goal versus process

[14:04] {nemo} don't get emotionally invested in a goal

[14:05] {nemo} ADBE interesting here

[14:05] {nathan} I see

[14:05] {RonS} irbt broken

[14:05] {dino} isis drop irbt drop

[14:06] {munky} lord vader, keep 1 one on ebay

01[14:07] {@Threei}  I do

[14:08] {RonS} cldx selldex

[14:08] {munky} keep another on fb

[14:08] {munky} and your 3rd at ur own discretion

[14:08] {munky} and let go of my banana

06[14:08] * @Threei whispers hopefully: porn?

[14:09] {munky} roflol

[14:09] {fish_49} ok  Lets take xyz  short on the break of .50   where are you getting filled?  .48 maybe  or .49 at best.  Where is 1:1?  .40  we sell at .40 (1:1) where are you getting filled?  .39 perhaps?  if you want .40 you will need the bid  to hit .40 which means the ask at .41 at least.  so now do the math.  at best your getting 9 cents right.  a cent or 2 goes to comms and fees,  now you have 7 

[14:09] {fish_49} cents at best.  If your in a trade and get stopped out  your losing at least 9 cents  most likely 10 cents.  so do the math if your right 50% of the time you lose.  You need a few 1:3's  to make your account grow.

[14:09] {fish_49} thats for Nat

[14:09] {nathan} thanks a lot fish!!!!

[14:10] {fish_49} change your to you're

[14:10] {fish_49} b4 nemo has a fit

[14:10] {munky} and id hope we dont lose 50% of time,try to win 2/3 rds

01[14:10] {@Threei}  that's pretty much it - if you take 1:1s only, you have to have awfully high win/lose ratio, like 75-80% to stay profitable

01[14:12] {@Threei} Long Setup:  EBAY  .20 break

01[14:12] {@Threei}  If holds  .14 

01[14:14] {@Threei}  btw, these trades with tight stops help a lot. Their win/lose ratio is not big, they are close to 50/50... but they risk a few cents while win in those same large amounts

01[14:14] {@Threei}  5-6 cents stop, but the 1:1 is still most often near 10 cents

01[14:15] {@Threei}  which is not right from formal math point of view but that's how we manage the trade

[14:15] {munky} agree with that vad

[14:15] {munky} in ebay btw

01[14:16] {@Threei}  1:1  

01[14:16] {@Threei}  I wouldn't count on 1:3 on this one, btw

01[14:16] {@Threei}  SPY is heavy

01[14:17] {@Threei}  stop .19, and if breaks .30, I'd try to exit in full between .35 and .40

[14:17] {nathan} interesting.  in my case helps me to gain confidence

[14:17] {munky} theres a bidu bounce play comuing vad

[14:17] {munky} take a look

01[14:17] {@Threei}  BIDU is out of my risk tolerance

01[14:18] {@Threei}  15 cents spread

[14:18] {dino} sina stop .70 -.25

[14:18] {munky} k

[14:19] {nathan} thank u all very much for your ideas

[14:28] {munky} pole here

[14:28] {munky} chaquita or dole?

[14:28] {fish_49} what ever is on sale

[14:28] {thomcbell} sale bananas another ibd debacle 

[14:29] {dino} ibd?

[14:29] {thomcbell} when ibd stocks start to come off they can cascasde down 

[14:30] {dino} what does ibd stand for?

[14:30] {fish_49} Investor Business daily?

[14:31] {thomcbell} yes

[14:32] {thomcbell} that looked capitulative there dino what do u think?

[14:32] {dino} adhd drop

[14:33] {dino} could be but thing is way up last few weeks

[14:33] {thomcbell} i nibbled Sale at 39.75 

[14:33] {dino} gap around 35

[14:34] {dino} gj tbell

01[14:34] {@Threei} Short Setup: FB  .50 break

01[14:34] {@Threei}  If holds  .60 

[14:35] {fish_49} wow  no fill

01[14:36] {@Threei}  1:1  

[14:36] {fish_49} you get full lot Vad?  

01[14:36] {@Threei}  1:2  

01[14:36] {@Threei}  .49, yes

[14:36] {fish_49} my order was sitting there @ .48

[14:37] {fish_49} anyone else get filled?

[14:39] {munky} missed it

[14:39] {munky} break .50 been tough to catch

[14:39] {munky} .50 then boom .45

[14:40] {munky} and its best tradfe of day'

01[14:40] {@Threei}  paused for a second at .49

[14:40] {munky} if caught it

01[14:40] {@Threei}  comeon, previous FB short went for the same 1:3

01[14:40] {@Threei}  [13:41] {@Threei} Short Setup: FB .90 break

01[14:41] {@Threei}  one hour ago... and you don't remember it anymore?

[14:41] {fish_49} lol

[14:41] {munky} forgot that one lol

[14:41] {munky} took it tho

[14:41] {fish_49} Vad has Fill Priority

01[14:42] {@Threei}  1:3  

[14:42] {fish_49} Took all the shares

[14:42] {fish_49} but even so,  I had my limit set at .48  so I should have gotten some shares

01[14:42] {@Threei}  I am sure there was someone else, there was more than my 1K at .49

[14:43] {munky} anyone else in room catch it?

[14:44] {nathan} i could not

[14:44] {darekj} ty Vad

[14:45] {darekj} Yes at .47

01[14:46] {@Threei}  yw

01[14:46] {@Threei}  1:4...

[14:46] {fish_49} grrrrrrrrrrr

[14:46] {fish_49} my order was small I only trade 500 shares with FB

01[14:47] {@Threei}  The U.S. Secret Service is investigating a possible security breach at Sears Holdings Corporation, after a series of cyber attacks on retailers that have exposed the credit-card data of millions of U.S. consumers

01[14:48] {@Threei}  SHLD...

01[14:48] {@Threei}  1:5...

[14:49] {nathan} that hurts

[14:49] {nathan} :-)

[14:51] {dino} alxn vsm l .60 wide

[14:51] {nathan} have a nice weekend

[14:52] {nathan} thanks very much Vad & Team

01[14:52] {@Threei}  yw nathan

[14:55] {RonS} rgr shooting the bid

[14:57] {dino} kin drop

[14:58] {RonS} meli smelly

[14:59] {RonS} fuel burned

[14:59] {dino} lol

[15:00] {RonS} splk funk

01[15:01] {@Threei}  (UA) Ukraine acting president Turchinov notes that Russia has 'invaded' Crimea under the guise of a military exercise; Russia is trying to provoke a conflict and annex Crimea - briefing- Calls on Putin to call back Russia forces, claims 2K Russia soldiers have landed in Crimea in an 'armed invasion' -

[15:03] {RonS} outta here...have a good weekend everyone...

01[15:03] {@Threei}  take care ron

[15:04] {mojo1} markets almost red was up 100 today

[15:07] {dino} out alxn flat, damn had a buck

[15:09] {dino} 150 pt swing

01[15:18] {@Threei}  if EBAY dives under .50, will be interested in buying recross

01[15:21] {@Threei}  no chance

[15:31] {dino} isis smr l .80

[15:35] {dino} out isis .20, +.40

[15:36] {dino} rvbd spike

[15:37] {darekj} OK guys,today is my last day using trading room. I must take few, maybe more months brake from day trading.

01[15:37] {@Threei}  we will be here when you are back darek

[15:37] {darekj} Just want to thank you Vad and others for great teachings. It was pleasure to trade together with real professionals. Thank you once again.

01[15:37] {@Threei}  yw, hope you made some coin

[15:37] {goinshort} Take Care !!!

[15:37] {dino} gl darekj

[15:37] {fish_49} Take Care DJ

[15:37] {darekj} yes:)

[15:38] {darekj} see you fish

[15:39] {dino} rvbd smr s .25 break

[15:39] {goinshort} Can I have his parking space?

01[15:39] {@Threei}  lol

[15:40] {dino} cov rvbd .85, +.40

[15:40] {fish_49} that was some serious profit taking

[15:40] {fish_49} market dip was more than a dip   

[15:40] {fish_49} more like the big dipper

01[15:42] {@Threei}  lol

01[15:42] {@Threei}  I think we handled it well

01[15:42] {@Threei}  switched to shorts and bounces just in time and got a few nice ones

[15:42] {dino} made $ on it

[15:43] {fish_49} yea like the Friggin FB  short that went to the moon and back without me  lol

[15:43] {dino} momo's got hit hard

[15:43] {dino} bio's too

01[15:43] {@Threei}  did you get first oner?

[15:43] {fish_49} FB?

01[15:43] {@Threei}  yes

[15:43] {fish_49} no

01[15:43] {@Threei}  at .90

[15:43] {goinshort} cya monday !!!

01[15:43] {@Threei}  take care gs

[15:43] {fish_49} I have terrible luck with FB

[15:43] {fish_49} later GS

01[15:44] {@Threei}  why not, that one had no troubles with executuion at all

[15:45] {fish_49} no I don't recall what happened.. I just remember being frustrated for missing it

[15:45] {fish_49} Perhaps a phone call  I dont recall

01[15:51] {@Threei}  thank you all, have a great weekend

01[15:51] {@Threei}  see you monday

[15:51] {fish_49} take care all

[15:55] {dino} calling it a good week, thx all for ideas