Wednesday, March 12, 2014

March 12 2014

Positive day even though it wasn't the easiest one. Market started up shaky, then got narrow in the afternoon. We did get our fix between those periods and had to stay patient as nothing happened into close.



Session Time: Wed Mar 12 00:00:00 2014
[08:59] {dino} gm
[09:00] {RonS} gm...strange that have been locked out of "floor" for 2 weeks and now it fires up...
01[09:01] {@Threei}  dino, ron :)
[09:03] {RonS} son-in-law says that BA 787 really is a whole new flying experience...
01[09:03] {@Threei}  what's different?
[09:05] {RonS} quieter, seat reclines but pivots forward, push button variable window tint from clear to black w/ 5 settings to name a few...
01[09:07] {@Threei}  hopefully, chair's back is designed for people this time... because all previous ones were obviously designed with stegozaurus n mind, human spine cannot bend like thisi
[09:08] {RonS} always fought with the bozo who wanted to recline in my face here...
01[09:09] {@Threei}  FCX is trying to bounce
[09:11] {goinshort} morning all !
01[09:11] {@Threei}  gs :)
[09:11] {munky} morn alllll
[09:12] {munky} oxgn, plug, bldp,pay all very active last nite
01[09:14] {@Threei}  munky :)
[09:16] {fish_49} anyone else have messed up BP?
[09:17] {fish_49} me= BP Messed up again this am
[09:17] {munky} yes, just noticed
[09:17] {fish_49} Nonko = Just get
[09:18] {fish_49} me = Just get?
[09:18] {fish_49} Nonko =  Just sec
[09:18] {munky} i have overnite used and no positions
[09:21] {fish_49} ahhh seems my BP is fine
[09:23] {mojo1} gd morning
01[09:23] {@Threei}  mojo :)
[09:25] {RonS} db active
[09:26] {RonS} gm criminal investigation by NY ag...
01[09:26] {@Threei}  well... cars they build must be crime in and of itself
01[09:27] {@Threei}  Homeland Security issues alert on increasing prevalence of 'technical support scams'- Cyber criminals are increasingly seeking to pose as help desk technicians to 'fix' users computers, then gaining access to a user's computer. - Users will then lose functionality for support and updates for operating systems, opening users to potential vulernabilities
[09:27] {fish_49} I get that call 3 times a week
[09:28] {RonS} ye olde Greek ruse...
01[09:30] {@Threei} Long Setup:  GDX  .55 break
[09:31] {RonS} gtat sm l .49
01[09:31] {@Threei}  If holds  .48
01[09:33] {@Threei}  FCX...
[09:34] {munky} .
[09:35] {dino} urbn hl l .22
[09:35] {ese} morning
01[09:35] {@Threei}  ese :)
01[09:36] {@Threei}  meh GDX
01[09:37] {@Threei} Short Setup: FCX  .30 break
01[09:37] {@Threei}  If holds  .38
01[09:37] {@Threei}  Invalidated
[09:39] {fish_49} FCX had news?  Copper Futures not up
[09:39] {nemo} dead cat bounce
01[09:39] {@Threei}  no, just a bounce and short squeeze
01[09:40] {@Threei} Short Setup: EBAY  .15 break
01[09:41] {@Threei}  lol
01[09:41] {@Threei}  good luck getting that
[09:41] {munky} in
[09:41] {munky} no
[09:41] {munky} lol
[09:41] {munky} big xmas tree fb
[09:41] {munky} pllbk
01[09:42] {@Threei} Long Setup:  IWM  .30 break
01[09:43] {@Threei}  If holds  .23
01[09:44] {@Threei}  nervous one
01[09:44] {@Threei}  nope
[09:44] {fish_49} needs less coffee
01[09:44] {@Threei}  FCX got away
01[09:45] {@Threei}  Building in upper Manhattan, NY reportedly has collapsed following an explosion; some individuals are trapped
01[09:51] {@Threei} Long Setup:  IWM  .10 break
01[09:51] {@Threei}  If holds  117
[09:51] {dino} db hl l .15
01[09:52] {@Threei}  1:1
[09:52] {dptl} good morning
01[09:52] {@Threei}  1:2
01[09:52] {@Threei}  dp :)
01[09:53] {@Threei}  out last piece on trail
[09:54] {dino} syna sm l .03
[09:54] {nemo} mmhhhh....Corvus's evil twin is here today
01[09:56] {@Threei} Long Setup:  EBAY  .10 break
01[09:56] {@Threei}  If holds  57
[09:58] {fish_49} BP messed up again  cant get in Ebay
[09:59] {munky} limited trading here too fish, bad bp
[09:59] {munky} i put in a call
[10:00] {Raven} {}
[10:01] {ese} L bldp .65
01[10:01] {@Threei} Long Setup:  FCX  .20 break
01[10:01] {@Threei}  1:1  EBAY
[10:01] {fish_49} of course
01[10:02] {@Threei}  If holds  .10  fcx
01[10:02] {@Threei}  1:2
[10:03] {fish_49} yep
01[10:03] {@Threei}  1:3
[10:03] {fish_49} they say wait
[10:03] {RonS} out gtat 16.23 ave to 16.65 +.58
01[10:03] {@Threei}  wtg
[10:04] {ese} nice one ron
01[10:04] {@Threei}  1:4, out
[10:04] {RonS} took syna .00 out .65 +.65  thanks dino
[10:04] {dino} yw, gj
[10:05] {RonS} wow bad arithmatic gtat +.42
01[10:06] {@Threei}  spelling is not much better {G}
[10:06] {fish_49} you have been hanging around Nemo too long Vad
01[10:06] {@Threei}  way too long
01[10:07] {@Threei}  half out FCX
[10:07] {fish_49} am I the only one having BP issues  for the past couple days?
01[10:07] {@Threei}  stop to .19
[10:08] {fish_49} why does it always happen on 1:3'rs and 1:4's
01[10:08] {@Threei}  Murphy
[10:08] {munky} fish, cant u see me?
[10:08] {munky} i told u i am too
[10:08] {fish_49} no but I can smell you
[10:08] {munky} but i can buy limited
[10:08] {munky} i put in a call
[10:09] {munky} told him u were fine (after that remark)
[10:09] {dino} out syna .08, +1.05
[10:09] {fish_49} lol
[10:10] {RonS} gj dino
[10:10] {dino} ty buddy
[10:11] {dino} syna drop
01[10:18] {@Threei} Long Setup:  GM  .15 break
01[10:18] {@Threei}  If holds  .05
01[10:22] {@Threei}  Invalidated
[10:23] {ese} L oxgn .73
[10:23] {ese} sm
[10:28] {munky} vxx lows
[10:28] {munky} if mkt turns down
[10:28] {dino} ambc sm l .15
[10:28] {munky} fb highs
01[10:29] {@Threei} Long Setup:  EBAY  .50 break
[10:29] {ese} whats tunning about oxgn is that it was bid up to $630.00 a shs at one point June 09
01[10:29] {@Threei}  If holds  .40
[10:29] {ese} stunning
[10:30] {ese} vad.....is bldp the company that used to be based out of Vancouver
01[10:30] {@Threei}  yup
01[10:30] {@Threei}  ballard power
[10:31] {ese} ya....I thought so....
01[10:31] {@Threei}  1:1
[10:31] {thomcbell} dl 20.75 long break
[10:31] {thomcbell} if holding 20.65
01[10:32] {@Threei}  (UR) Russia Govt comments on Ukraine army exercises, notes the drills in the Southern and Eastern regions are 'risky' - Russia press- Reminder: on 3/11 the Ukraine defense ministry commented that the armor and anti-aircraft units are conducting training exercises in eastern Ukraine
[10:32] {thomcbell} 1:1
[10:32] {ese} almost went bankrupt too if I remember.....or did and has found backers or something
01[10:32] {@Threei}  they saved themselves by quitting car battery business
[10:32] {thomcbell} DL 1:2
01[10:33] {@Threei}  but were on a deathbed for a good while
[10:33] {thomcbell} secondary priced at 21 so taking the trade
[10:35] {dino} out pega .40, +.40
[10:36] {fish_49} nice
01[10:39] {@Threei} Short Setup: DE  .60 break hl
01[10:39] {@Threei}  If holds  .70
[10:43] {nemo} lulu
01[10:47] {@Threei}  1:1
[10:47] {ese} hmmmmm oxgn rising nicely....too bad I only have 100 shs of it
[10:47] {vasil} very volatile for me
[10:48] {vasil} oxgn
[10:48] {ese} yup
[10:49] {ese} ya it is volitile......i've had too long a lay off......am getting my feet wet again feels like ...best way to it ...get in small....or blindly follow vad (lol!)
01[10:50] {@Threei}  1:2
[10:50] {fish_49} out  ty
[10:50] {fish_49} almost back to BE
01[10:50] {@Threei}  yw
[10:51] {munky} nice one vad
01[10:51] {@Threei}  More than 80,000 Russian troops have amassed along the Ukrainian border, along with as many as 270 tanks, 180 armored combat vehicles, 380 pieces of artillery, 18 rocket launchers, 140 combat aircraft, 90 military helicopters and 19 combat boats and ships.
01[10:51] {@Threei}  ty
[10:52] {munky} took .45, .36 and last portion waiting .27
[10:52] {dino} wow, 80-k, that invasion force for remaining ukraine
[10:52] {fish_49} what type of forces does Ukraine have?
[10:53] {munky} or ill stop it at .50
01[10:53] {@Threei}  there are many videos online from dash cameras, showing military equipment moving toward Donetsk area
[10:53] {fish_49} Munky  why not get out at 1:1  1:2  and 1:3  ?
[10:54] {dino} should have kept their nukes
[10:54] {fish_49} I agree Dino
01[10:54] {@Threei}  they have army... not equal to Russian, but more capable than Georgia did, and capable to do a lot of damage in open combat
[10:54] {fish_49} No country will ever give up nukes now
[10:54] {dino} they make one hell of a deterent
[10:55] {munky} i dunno
[10:55] {munky} just felt those levs
[10:55] {fish_49} ok
[10:56] {ese} ya ...thats a good point fish
01[10:57] {@Threei}  there is a chilling essay going around
[10:57] {fish_49} share it
01[10:57] {@Threei}  let me see if I can find a translation
[10:57] {fish_49} or send link
[10:58] {fish_49} dino are you enjoying this weather?
[10:58] {dino} today ok, but tonight 3-4" snow, 5 degrees f, and tomorrow highs of 12 degrees
[10:59] {fish_49} you forgot the wind
01[10:59] {@Threei}  here it is
[10:59] {dino} yes, windy
[10:59] {fish_49} the wind is supposed to be  terrible also
01[10:59] {@Threei}  http://www.eurozine.com/articles/2014-03-07-babich-en.html
[10:59] {munky} lol vad
[11:00] {dino} out ambc .57, +.40
[11:01] {fish_49} Deep and very Sad
01[11:01] {@Threei}  this is widespread feeling in Ukraine
01[11:02] {@Threei}  in Russia however, it's almost like half of population is zombied with some kind of psychotropic medicine
[11:03] {vasil} they are in love with mr. Putin
[11:03] {fish_49} not just a feeling  it is a reality or could be reality easily
01[11:03] {@Threei}  however weird it sounds, they are
01[11:04] {@Threei}  something is seriously wrong with that country...
[11:04] {dino} wow
[11:04] {munky} anyone here watch the hbo special about russian girl rock band that was arrested?
[11:04] {munky} pretty interesting
01[11:04] {@Threei}  didn't watch it but I know the story well
[11:05] {munky} this is no joke, their name was pussy riot
01[11:05] {@Threei}  yup
[11:06] {RonS} still alive munk so still is...
01[11:06] {@Threei} Long Setup:  EBAY  .65 break
01[11:06] {@Threei}  If holds  .55
01[11:06] {@Threei}  let's do a half lot
01[11:06] {@Threei}  test trade to see if breakout work still or lunch time trading is here
[11:07] {munky} ok, in
[11:07] {munky} fish, u in?
[11:07] {dino} comp green
01[11:07] {@Threei}  1:1
01[11:07] {@Threei}  oops
01[11:07] {@Threei}  wring button
01[11:08] {@Threei}  wrong too
[11:10] {dino} scanners barely moving
[11:10] {fish_49} finnies (As Nemo Calls it)  are dead today
[11:10] {nemo} yeah, but but been moving up steadily since 9:45
[11:10] {fish_49} JPM looks like it could break
[11:11] {munky} 1;1
[11:11] {fish_49} but some stiff Resistance above
[11:11] {mojo1} 1:1
[11:11] {munky} not until .98 fish
01[11:13] {@Threei}  JPM, chart is right but a bit too narrow
01[11:13] {@Threei}  maybe for a scalp
[11:20] {dino} urbn stop -.32
[11:24] {dino} db to .42
01[11:26] {@Threei}  feel free to exit JPM as you see fit
[11:26] {fish_49} out +.08
06[11:28] * munky slaps fish_49 around a bit with a large trout
[11:29] {dino} out db .45, +.30
[11:29] {fish_49} Love Trouth.. Thanks Munk
[11:31] {fish_49} LULU gonna bounce her  Nemo?
[11:34] {nemo} lulu weak
[11:35] {nemo} having trouble with vwap when market been climbing
[11:37] {fish_49} yea I was watching it and missed the long scalp set up
[11:41] {RonS} wow nus 10% move today
01[11:42] {@Threei}  was it good exit on JPM or what
[11:43] {fish_49} yea  I hit the ask at .95 and got filled  small shares
[11:49] {fish_49} C worth watching ...  Nice tight range
[11:50] {fish_49} keeps eating away at that support at .90
[11:57] {munky} lunch time...banana chicken entre', banana bread, banana fruit salad and a banana shake
01[11:57] {@Threei}  lol
[11:57] {munky} yum yum
[11:57] {dino} pepperoni and cheese here
[11:57] {munky} oh and appatizer for vad, banana wrapped in bacon
01[11:58] {@Threei}  very beneficial diet... a lot of potassium, and there is peel leftover to throw at passerbys
[11:58] {munky} lol
[11:58] {fish_49} Toad did you get the LULU short?
[11:59] {dino} -26 lbs since 01/05/14
[11:59] {nemo} wasn't looking at it, you asked me if my opinion on it
[12:00] {fish_49} Dino  are you heavy to begin with?
01[12:01] {@Threei}  there was a boy in some O'Henry novel, throwing banana or orange peel at the backwater guy first time in NY, saying "Not that I want to, but just can't miss such an occassion"
[12:01] {dino} always chunky, getting a bit out of hand this year, so joined a weight loss contest. 3 months, $300 prize for winner
[12:01] {fish_49} cool
[12:02] {fish_49} I tried that contest thing.  My best friend and I  $100 bucks to winner.  We both gained. No payments made
[12:02] {RonS} lol
[12:02] {dino} i lift free weights a lot so bigger anyway on a 5'9'' frame, but needed to drop some. contest ends 3/29/14. i am in 5th place so far. goal was 30 lbs off
[12:03] {fish_49} the deck was stacked.  His wife made awesome Icecream  and everytime he wanted some  he would invite me down  so he was not eating it alone
[12:03] {dino} this contest put on by local ymca, about 50 guys in it
[12:03] {fish_49} wow  30 lbs  nice goal,...
[12:03] {dino} want to actually get 40 off ny june
[12:04] {fish_49} I gave up nicotine  and gained 30 so far this year
[12:04] {dino} going for wedding weight, 1995 at 195
01[12:04] {@Threei}  that sonds familiar fish
[12:04] {fish_49} I bet we didn't give up same nicotine product Vad
01[12:04] {@Threei}  30 pounds gain in one year after quitting smoking
[12:04] {fish_49} I was addicted to Skoal
[12:05] {fish_49} just a good ole country boy in a city mans clothes
01[12:05] {@Threei}  took a lot to get it under control
[12:05] {fish_49} yea  I am working on it
[12:05] {fish_49} I replced it with food and coffee
[12:05] {fish_49} I went from 2 cups of coffee per day to 2 pots per day
01[12:05] {@Threei}  I didn't, and gained anyway
[12:07] {mojo1} if i lost 40 lbs u wouldn't be able to see me
[12:07] {fish_49} but we would be able to take your money with ease
[12:08] {mojo1} u'd see the gun too
[12:08] {fish_49} oh you have a cousin named Smith
[12:08] {nemo} Sig
[12:09] {mojo1} another one named wesson
[12:09] {nemo} Bush
[12:09] {nemo} Rem
[12:09] {fish_49} Bush as in Bushmaster?
[12:09] {nemo} yep
[12:09] {fish_49} see that is all you need to do to get Nemo chatting  is mention guns
[12:09] {nemo} when it was still owned by the guy from Windham
[12:11] {fish_49} C finally gave way  to that .90 Bid  was fun to watch
[12:12] {mojo1} daniel defense
[12:12] {nemo} ?
[12:13] {mojo1} u outta know them nemo
[12:14] {nemo} I may, just don't recognize the nomenclature
[12:14] {munky} windham weaponry?
[12:14] {nemo} yep
[12:14] {munky} they were the old bushmaster producers before remington bought them
[12:14] {nemo} bought the facility back from Freedom Arms when they moved the manufacturing out of state
[12:14] {nemo} Freedom Arms owns Remington
[12:15] {nemo} between them and ATK, they own everybody almost
[12:18] {munky} news cat?
01[12:18] {@Threei}  no
[12:19] {nemo} probably as a result of the copper action
[12:19] {munky} u like it long vad cat somewhere?
01[12:20] {@Threei}  .60 break...
01[12:20] {@Threei}  not very compelling setup
[12:22] {munky} ok long car 10,000 shares at .60 lol
[12:22] {munky} car=cat
01[12:22] {@Threei}  - The Western powers, in the form of the G7, issued another toothless statement on the situation in Ukraine. The G7 statement called on Russia to halt attempts to change the status of Crimea and said it would not recognize the outcome of the Crimea referendum.
01[12:23] {@Threei}  Putin: I am shaking in my boots
01[12:23] {@Threei}  The statement called on Russia to de-escalate the conflict and withdraw troops in Crimea back to pre-crisis levels, and said annexation of Crimea by Russia would violate the UN charter.
01[12:23] {@Threei}  Putin: I violate a chapter or two daily for breakfast
[12:38] {dino} syna drop
[12:40] {mojo1} looks like more down dino
[12:44] {dino} syna smr l .24
[12:45] {dino} that .25 was my trigger, hit .27 so threw out bid .24
[12:47] {RonS} ya, weird price action...showed .24 bid, .27 ask...sent market buy...filled at .2401...
[12:48] {RonS} ...guess hidden orders...
[12:48] {munky} ok long 10,000 shares syna
[12:49] {RonS} either that or Fidelity is dumping and fillin orders internally...
[12:49] {dino} well, its wide, so...
[12:50] {mojo1} what's ur stop dino
[12:51] {dino} flat
[12:52] {mojo1} ok
[12:53] {mojo1} Dino, where was it orginally before it went up
[12:54] {dino} .99
[12:55] {dino} mojo, it was a 300 share entry. on 300 shares i'm looking for .40 gain
[12:55] {mojo1} thanks
[12:55] {dino} every entry i make before last hour is looking to get at least $120 out of it
[12:56] {mojo1} ok
[12:58] {dino} syna to .54
[12:59] {dino} to .61
[12:59] {dino} to .64
[12:59] {RonS} munky, know what that means...to .61?
[13:00] {dino} to .69
[13:00] {fish_49} I don't  Ron  Please explain
[13:00] {dino} moving my hard stop up
[13:00] {RonS} dino s/l is moving...
[13:00] {fish_49} othere than the price is at or going to ?
[13:00] {RonS} dino's
[13:01] {fish_49} ahhhhh
[13:01] {dino} they are actual hard stop s mojo, trailing
[13:01] {fish_49} Stop
[13:01] {RonS} spent 2 years thinking he had a slow price feed...
[13:01] {fish_49} lol
[13:01] {fish_49} lol
[13:01] {fish_49} Because he was not on DAS?  lol
[13:01] {dino} lol
[13:01] {dino} to .74
01[13:01] {@Threei}  wait... you mean CNBC ticker is not real time?
[13:02] {RonS} lol
[13:02] {fish_49} Yahoo is  faster
[13:02] {munky} crap, its not?
[13:02] {fish_49} CAT Failed Breakout on a C&H
01[13:02] {@Threei}  crap... sorry folks, that's what I used all this years to call'em
01[13:02] {@Threei}  (IS) Israel Foreign Min Lieberman calls for a "full reoccupation" of Gaza strip after a series of rocket attacks launched from there earlier today - press- Earlier today Israel said about two dozen rockets were fired toward Israel from Gaza. The army said that the Iron Dome interceptor system shot down many of the rockets and the others caused no significant damage or injuries.
[13:03] {fish_49} what type of rockets?  Estes?
[13:03] {munky} fed ex here with package from charles schwab..its my new batch of carrier pigeons to send my orders in
01[13:05] {@Threei}  carrier pigeons? are they faster than huskies I use?
[13:05] {fish_49} be careful Munky  with Carrier pigeons  you might get the nicname Plunger Boy
[13:05] {munky} yes but less reliable
[13:06] {dino} out syna .74, +.50
01[13:06] {@Threei}  wtg
[13:06] {dino} ty
[13:06] {fish_49} not Plunger boy..  I gues his nicname was boy plunger
[13:06] {fish_49} guess*
[13:07] {dino} you see whats happening in world. no balls obummer has first syria testing him, then russia, and now gaza
[13:07] {dino} they all say america is done
[13:07] {dino} ron you still in syna?
[13:08] {dino} n.korea and china move next, imo
[13:08] {mojo1} gj dino.  didn't take it. but tryin to learn from the master of the hooker trdes
[13:08] {dino} then most likely, the canadians
[13:08] {dino} :)
[13:08] {RonS} lol
[13:08] {fish_49} I say we reincarnate Reagan and give him Rumsfeld as Secretary of Defense
[13:08] {RonS} still in
[13:09] {dino} i miss reagan, was my fav president
01[13:09] {@Threei}  we canucks are very bloodthirsty
01[13:09] {@Threei}  beware the day we feel we can pounce
[13:09] {fish_49} Rumsfeld was bloodthirsty
[13:10] {RonS} ...but really just thirsty...we would hose you with Molson's...
01[13:10] {@Threei}  we will apologize to you till your last drop of blood
01[13:10] {@Threei}  that's our deadliest weapon
[13:11] {dino} going to suck for you vad when n.korea invades canada and we do nothing but say "bad boy"
[13:11] {RonS} out syna .73 form .24 +.49
[13:11] {dino} gj
[13:11] {RonS} ...and thanks btw
[13:11] {fish_49} What if Putin says he wants Alaska back?
01[13:12] {@Threei}  jokes aside, I am with you on that dino... adult supervision is not felt anymore, and rotten brats of the world are out in force
[13:12] {dino} np, you'll throw a couple back to me this week i'm sure
[13:12] {dino} obummer would be forced to give alaska to him
01[13:12] {@Threei}  but he would tell them that it violates UN chapter
01[13:12] {@Threei}  that'd show them
[13:13] {dino} exactly, thats all they fear, a verbal assault by the un
[13:13] {dino} just watching all of reagans work fall apart
01[13:13] {@Threei}  in his world, opinions and public shame matter
[13:14] {fish_49} Obama not famous for being the first African American President...  He is famous for being the first Male president with a vagina...  The guy has ruined our country
01[13:14] {@Threei}  in Putin's world, weapons do
[13:14] {dino} lol
01[13:15] {@Threei} Short Setup: CAT  .40 break
01[13:15] {@Threei}  If holds  .50
01[13:17] {@Threei}  it amazes me just how much they misread Putin... they think he wants their respect
01[13:17] {@Threei}  in fact, he would be very alarmed if they liked him
01[13:17] {@Threei}  that's how much he dislikes and disrepects them
01[13:17] {@Threei}  all he wants is their fear
[13:18] {RonS} O can't even spell respect...literally
01[13:18] {@Threei}  and he gets that
[13:18] {RonS} http://www.cbsnews.com/news/obama-botches-spelling-of-respect-while-lauding-aretha-franklin/
[13:19] {RonS} O has no fear...he's been skating his whole life and getting away with it...
[13:20] {dino} exactly ron
01[13:21] {@Threei}  HLF halt
01[13:21] {@Threei}  news pending
[13:21] {dino} his experience, community organizer, ...wow
01[13:21] {@Threei}  Ackman just rquested a box of fresh diapers
[13:21] {nathan} hi all
01[13:21] {@Threei}  hey nathan
[13:23] {munky} r u related to nathan hotdogs?
[13:23] {nathan} hotdogs?
[13:24] {munky} yea
[13:24] {nathan} do u want some?
[13:24] {nathan} nops
[13:26] {RonS} O gets stabbed:  http://movies.msn.com/movies/article.aspx?news=856439&ocid=ansent11
01[13:26] {@Threei}  nathan, you arw the first to get offer of hotdogs from munky. The rest of us were offered bananas only
01[13:26] {@Threei}  Invalidated  CAT
[13:26] {nathan} is it something to worry about?
[13:26] {nathan} lol
01[13:27] {@Threei}  not sure, this in unprecendented... just in cae, be on alert :)
[13:27] {RonS} "so, is your presidential library going to ne in Kawaii or Kenya?"
[13:27] {RonS} be
[13:27] {RonS} Hawaii
01[13:27] {@Threei}  lol
[13:28] {nathan} lol
[13:28] {RonS} "how does it feel to be the last black President?"
[13:29] {RonS} Zach Galafianakis is off the wall but freakin hilarious...
01[13:29] {@Threei}  Kerry, Lavrov to meet on March 14
[13:29] {RonS} going to bore each other to death?
01[13:30] {@Threei}  Lavrov is going to enjoy it I suspect
[13:30] {RonS} Kerry:  "launch the homilies"...
01[13:31] {@Threei}  "No, I am not holding you by the balls. You seem to do that successfully on your own, I just applaud"
[13:31] {RonS} Lavrov:  "Spew the bullshit"...
01[13:32] {@Threei}  keep CAT on radar still
01[13:32] {@Threei}  can't get any traction on a long side
[13:32] {nathan} SLW
01[13:32] {@Threei}  if market weakens, likely to reestablish short setup
[13:33] {fish_49} ron is that a real interview?
[13:33] {nathan} let's see is 26 is broken
01[13:34] {@Threei}  H&S setup nathan
01[13:34] {@Threei}  I like
[13:34] {munky} vad, if mkt resumes downward, vxx long too
[13:34] {fish_49} Spider bites
01[13:35] {@Threei}  I think I'd pick TZA over VXX
01[13:35] {@Threei}  better correlation
[13:36] {fish_49} Ron thanks for sharing that.  That was some good stuff
[13:37] {nathan} there it goes
[13:37] {fish_49} what are you watching Nathan?
[13:38] {nathan} SLW
[13:39] {RonS} fish, the thing made the paper here...and it's liberal...
[13:39] {fish_49} Real Interview?  I was shocked
[13:44] {dino} sidetracked here, real estate bidding
[13:45] {fish_49} explain that Dino?
01[13:46] {@Threei}  fish, I couldn't believe it either, had to do this:
01[13:46] {@Threei}  https://www.google.ca/search?q=is+obama+Galifianakis+interview+real&rlz=1C1ASUM_enCA456CA456&oq=is+obama+Galifianakis+interview+real&aqs=chrome..69i57.8764j0j7&sourceid=chrome&espv=210&es_sm=122&ie=UTF-8
[13:47] {fish_49} wow so it was real
01[13:47] {@Threei}  Herbalife Ltd. Fox Business Gasparino: FTC levies civil investigative demand against the company signifying investigation start **Reminder: On Jan 23rd, Senator Markey (D-MA) called on the SEC and FTC regulators to investigate Herbalife over allegations raised by constituents about its MLM sales structure. - 02/19: Senator Markey (D-MA): reviewing the company's response, looking forward to the information to be supplied by the FTC and SEC
01[13:48] {@Threei}  Herbalife Ltd. Confirms received today a Civil Investigative Demand (CID) from the Federal Trade Commission (FTC)- Herbalife welcomes the inquiry given the tremendous amount of misinformation in the marketplace, and will cooperate fully with the FTC. We are confident that Herbalife is in compliance with all applicable laws and regulations. Herbalife is a financially strong and successful company, having created meaningful value for shareholders, significant opportunities for distributors and positively impacted the lives and health of its consumers for over 34 years
[13:48] {fish_49} don't we have someone from Fed speaking at 2 pm today?
01[13:48] {@Threei}  they speak non-stop
01[13:48] {@Threei}  one more, so what
[13:48] {fish_49} no longer like E.F. Hutton?
[13:49] {fish_49} if CAT fails to breakout...  Short .60 with .70 stop?
01[13:51] {@Threei}  half lot
01[13:51] {@Threei}  too random time
[13:51] {RonS} thanks Markey...bot hld 70.15 sold 71.50 +1.35
[13:51] {RonS} hlf
01[13:52] {@Threei}  :)
[13:53] {RonS} ain't this the truth:  A study says the underground sex trade mirrors business practices: http://bloom.bg/1cQsTII
[13:53] {thomcbell} gm looks like a 35.02 long break vad
[13:54] {RonS} in common:  screw everyone...customers, employees...
01[13:54] {@Threei}  looks right thom, time of the day is the only concern
01[13:54] {@Threei}  lol ron
[13:57] {dino} fish, buying another condo at sandpiper bay golf course, north carolina
[13:57] {thomcbell} if feye loses 76.55 big bid it could get ugly
[13:57] {thomcbell} already is
[13:57] {thomcbell} but
01[13:57] {@Threei}  uglier
01[13:57] {@Threei}  re-ugly
[13:57] {fish_49} and having bid wars Dino?
[13:59] {dino} just won
[13:59] {fish_49} congrats
[13:59] {nathan} 1:1 SLW
[13:59] {fish_49} My house is going on the market this month.  I hope for Bid wars
01[14:00] {@Threei}  good one SLW
[14:01] {dino} thx, now i need to sell the other condo
[14:02] {fish_49} out cat
[14:03] {RonS} sheesh...sorry guys...that trade was nus not hlf...
[14:03] {RonS} working on 3 hours sleep here...am a mess
[14:04] {fish_49} Do you hae a full time job other than trading Ron?
[14:05] {fish_49} CAT found some Fur
[14:05] {RonS} daughter came in late yesterday...not hom till 9:30...bed at midnight...grandaughter up at 3 a.m.
[14:05] {RonS} home
[14:05] {fish_49} ahh busy guy
[14:06] {dino} fish, i am still working full time here daytrading, part time house flips/r.e. speculation
[14:06] {fish_49} wow
[14:09] {thomcbell} there it is feye
[14:10] {dino} syna drops again
[14:13] {dino} app lod syna
01[14:16] {@Threei} Short Setup: YHOO  .40 break
01[14:16] {@Threei}  If holds  .50
[14:16] {thomcbell} cleaning up gm flattish here
[14:19] {RonS} syna sm l .75
01[14:19] {@Threei}  Eight U.S. senators to visit Ukraine this week
01[14:19] {@Threei}  Ukraine: Great... but bring your own food, OK?
[14:21] {fish_49} was making coffee
[14:21] {fish_49} Yhoo valid?
01[14:21] {@Threei}  still, yes
[14:24] {munky} BTFD
[14:25] {munky} what dip? the dip
[14:25] {RonS} out syna +.06 shoulda gone already...
01[14:25] {@Threei}  {FD} I am so popular, everyne wants me
[14:26] {munky} ebay broke 58
[14:31] {dino} missed it ron, sidetracked
01[14:34] {@Threei}  GM worked
[14:35] {thomcbell} yes
[14:35] {thomcbell} i sold it flat
01[14:36] {@Threei}  13:48 low at .95, I trailed under that
[14:36] {fish_49} the GM call from this morning?
01[14:37] {@Threei}  tighteing to half of initial stop, I prefer that to breakeven until 1:1 is taken
01[14:37] {@Threei}  no
01[14:37] {@Threei}  thim spotted it recently
01[14:37] {@Threei}  thom
[14:37] {fish_49} ahhh  ok  I must have been making coffee
01[14:38] {@Threei}  man, this is endless coffee stream at your place
[14:38] {fish_49} 2 pots a day
[14:38] {fish_49} 1 morning  1  afternoon
[14:39] {fish_49} 1 cup Caf  the rest Decaf
[14:39] {goinshort} you must trade close to bathroom
[14:39] {nathan} lol
[14:39] {RonS} need to back off to one and start drinking hot water...
[14:39] {fish_49} yep next room
[14:39] {fish_49} lol
[14:40] {munky} vad whats ur gut say mkt will do now into bell? up or down?
[14:40] {thomcbell} sale 37.49 short break if holding 37.60
01[14:40] {@Threei}  up...
[14:40] {fish_49} We finish up
[14:40] {RonS} 3i to munky:  depends on the news...
01[14:40] {@Threei}  and as always, brain disagrees
[14:40] {munky} whats ur brain say
[14:40] {munky} ah
[14:41] {munky} well ur guts bigger
01[14:41] {@Threei}  news can change everything of course
[14:41] {fish_49} that is worth a Ban
[14:41] {fish_49} lol
[14:41] {RonS} lol
01[14:41] {@Threei}  nah... truth shouldn't be punished
[14:41] {RonS} if ese was here he would say "worth a band"
01[14:41] {@Threei}  that said...
[14:42] {munky} iwm could move big long or short depending on mkt direction
06[14:42] * @Threei slaps munky around a bit with a frozen banana endowed with rusty nails
[14:42] {RonS} sheesh
[14:42] {munky} roflol
[14:42] {fish_49} Right Turn Clyde
[14:42] {munky} frozen was a nice touch
06[14:43] * @Threei takes a bow
[14:44] {munky} and subsequently flashes plumbers smile
01[14:44] {@Threei}  wow GM
[14:46] {munky} ok, dow neg 25 here at 2:45
[14:46] {munky} reference point
[14:52] {dino} 07 green
[14:52] {thomcbell} sale no go
01[14:52] {@Threei} Long Setup:  YHOO  .57 break
01[14:52] {@Threei}  .c .50
[14:55] {munky} u got a fb read?
[14:55] {munky} i like sh
01[14:55] {@Threei}  .90 was trigger...
[14:55] {munky} yup
[14:59] {munky} i like iwm sh, u got a read there vad?
01[15:00] {@Threei}  well, .15 break
01[15:00] {@Threei}  is the only thing that resembles setup
01[15:01] {@Threei}  but my sympathies are still on a long side
01[15:01] {@Threei}  .25 break long is what I am eyeing
[15:02] {munky} i can c that too if mkts go upward
01[15:09] {@Threei}  market is still locked in a narrow range but should break free soon
01[15:09] {@Threei} Long Setup:  IWM  .25 break
01[15:09] {@Threei}  If holds  .15
[15:09] {munky} FL? kinda wickid
[15:10] {munky} just wondering if u doing fl
[15:10] {munky} on it
01[15:11] {@Threei}  yeah, it's more or less standard trade
01[15:11] {@Threei}  full lot
01[15:16] {@Threei}  Invalidated
[15:17] {thomcbell} jks 32.56 short break if holding 32.64
[15:20] {thomcbell} 1:1
[15:21] {dino} gj
01[15:21] {@Threei} Long Setup:  JPM  .85 break
01[15:21] {@Threei}  If holds  .75
[15:22] {dino} mkt feel down imo
[15:22] {RonS} but the finnies different from the rooskies...
01[15:23] {@Threei}  judging by drinking abilities, not so much
[15:23] {RonS} lol...true
[15:23] {dino} sure, scales vs feathers
[15:23] {RonS} wife is so finnie she has flippers...
[15:24] {RonS} so father-in-law had drunk like a fish his whole life with absolutely no effect...
[15:25] {fish_49} where is equal justice Nemo?
[15:25] {mojo1} what's ur thinking VAD on JPM, its a dime from breakout to the high?
[15:26] {RonS} here I am...a true partial Finn...as in Mickey...
01[15:26] {@Threei}  really depends on whether market decides to move...
[15:26] {nemo} Nature is unkind
01[15:26] {@Threei}  closing movements can be explosive
01[15:27] {@Threei}  trying to find one more play
01[15:27] {@Threei}  but slim pickings really
[15:27] {mojo1} me too
[15:28] {dino} don't push mojo/munky
[15:28] {munky} is it me or mkts been unusually tough no action hard last 5 sessions?
[15:28] {dino} this week harder than lat, imo
[15:28] {dino} last
01[15:29] {@Threei} Short Setup: FB  .55 break hl
01[15:29] {@Threei}  If holds  .65
[15:29] {dino} not many fast drops or fast spikes last 3 days
[15:29] {dino} slow grind down and up
01[15:32] {@Threei}  sheesh... something move please
01[15:33] {@Threei}  let's change JPM to .81 break
01[15:33] {@Threei}  stop the same .74
[15:34] {nathan} c u tomorrow
01[15:34] {@Threei}  take care nathan
[15:36] {thomcbell} jks got a 1:2
[15:37] {RonS} gj
[15:37] {thomcbell} last 1/4 stop is 32.47
01[15:37] {@Threei}  meh
01[15:37] {@Threei}  market ends with whisper
[15:38] {goinshort} still not a bad day
01[15:38] {@Threei}  no
01[15:38] {@Threei}  just wanted something pretty for the end
[15:38] {goinshort} thanks Vad- everyone cya tomorrow
01[15:39] {@Threei}  and can't find squat
01[15:39] {@Threei}  take care gs
01[15:39] {@Threei}  {squat} I do know how to hide
01[15:43] {@Threei}  (UR) Ukraine PM Yatsenyuk: Appreciative of US help; Remains open to talks with Russia - comments following meeting with Pres Obama at the White House- Ukraine people will never surrender.
01[15:47] {@Threei}  up into close
01[15:48] {@Threei}  gut again was right... just not much of a move
01[15:49] {@Threei}  OK guys, no play to end with
01[15:49] {@Threei}  thank you all, have a good evening
01[15:49] {@Threei}  see you tomorrow
[15:49] {thomcbell} gn all
[15:51] {dino} sheesh, i go to bus stop, market goes up 40
01[15:51] {@Threei}  that'll teach you
01[15:51] {@Threei}  gotta keep your hand on the throat
[15:51] {dino} lol
[15:52] {fish_49} NQ and S&P green
[15:52] {fish_49} Push DOW Push
06[15:53] * fish_49 slaps fish_49 around a bit with a large trout
06[15:55] * dino slaps fish_49 around a bit with a large trout
[15:55] {dino} calling it a day, gn all, thx for ideas
[15:56] {dino} vrns spike

Tuesday, March 11, 2014

March 11 2014

That was one interesting day. Shaky morning, with a few stops that made it look like irreparable losing day - then win after win, for 1:3s and 1:2s took us back to breakeven, then slightly positive, then nicely positive. FB, EBAY, DE, FCX, JPM, both long and short (mostly short though),  something else out of other universe, like FCEL... all in all, ended well in positive territory.

Session Time: Tue Mar 11 00:00:00 2014
01[08:59] {@Threei}  ilya, dcc please
[09:00] {dino} gm
01[09:00] {@Threei}  dino :)
[09:02] {_illyakuryakin} i forgot how to do that...
[09:02] {_illyakuryakin} :)
01[09:02] {@Threei}  double click on my name
01[09:02] {@Threei}  pop up wondow is dcc
[09:20] {munky} morning
01[09:20] {@Threei}  munky :)
[09:21] {goinshort} morning all !
01[09:21] {@Threei}  gs :)
[09:21] {munky} short:)
[09:22] {RonS} greetings & salutations you 'uns
01[09:22] {@Threei}  ron :)
[09:23] {munky} .
[09:27] {nemo} o.k. so we have a crow and a raven...sheesh
[09:28] {ese} gm
01[09:28] {@Threei}  ese :)
[09:28] {ese} vad nemo
[09:28] {nemo} hey ese
[09:28] {thomcbell} hi all
01[09:28] {@Threei}  thom :)
[09:28] {mojo1} gd morning yall
01[09:29] {@Threei}  mojo :)
01[09:29] {@Threei}  looking for longs on pullback
01[09:32] {@Threei} Long Setup:  IWM  .40 break
01[09:32] {@Threei}  If holds  .30
[09:32] {munky} in
01[09:35] {@Threei}  stop .34
01[09:35] {@Threei}  out
01[09:35] {@Threei}  missed .49 exit
[09:36] {munky} got half out .49
01[09:37] {@Threei} Long Setup:  C  .65 break
[09:37] {nemo} A group helium molecules walk into a bar. Bartender says: "sorry we don't serve noble gases here." The helium doesn't react.
01[09:37] {@Threei}  If holds  .60
01[09:38] {@Threei}  Invalidated
01[09:41] {@Threei} Long Setup:  EBAY  .70 break
01[09:41] {@Threei}  If holds  .60
01[09:42] {@Threei}  what's with bouts of selling
01[09:42] {@Threei}  not liking it
01[09:42] {@Threei}  no news
[09:42] {dino} urbn sm l .29
01[09:43] {@Threei}  no go EBAY
[09:44] {dino} fcx gap fill early feb
01[09:45] {@Threei}  (US) Preview: Jan Wholesale Inventories expected at 10:00 ET (14:00 GMT)**Consensus expectations: - Wholesale Inventories MoM: 0.4%e v 0.3% prior (**Note: Dec reading was a 5-month low) - Wholesale Trade Sales MoM: 0.2%e v 0.5% prior
01[09:46] {@Threei} Long Setup:  C  .25 break
01[09:46] {@Threei}  If holds  .18
[09:48] {dino} cdti
01[09:49] {@Threei}  SPY looks bottomed
01[09:49] {@Threei} Long Setup:  EBAY  .40 break
01[09:49] {@Threei}  If holds  .30
[09:49] {RonS} took urbn .29 to .65 +.36  thanks dino
01[09:50] {@Threei}  wtg
01[09:50] {@Threei}  come on, really?
[09:50] {ese} c nope
01[09:50] {@Threei}  backing off
[09:50] {nemo} selling into the numbers at 10
01[09:50] {@Threei}  from 9:30?
[09:51] {nemo} buy cheaper
[09:51] {dino} out urbn .61, +.32
[09:52] {RonS} gj
[09:52] {dino} ty
[09:53] {RonS} aegr  want it somewhere in the 48's...
01[09:53] {@Threei}  ok EBAY, you chance to shine
01[09:53] {@Threei}  use it
[09:54] {fish_49} are you in?
[09:54] {ese} L C .26
[09:56] {dino} teso l .34
[09:57] {ese} if your asking me fish yes C L .26
[09:57] {fish_49} I was asking Vad if he took Ebay
01[09:58] {@Threei}  yes
01[09:59] {@Threei}  *(US) JAN WHOLESALE INVENTORIES M/M: 0.6% V 0.4%E; WHOLESALE TRADE SALES M/M: % V 0.2%E
01[10:00] {@Threei}  WHOLESALE TRADE SALES M/M: -1.9% V 0.2%E
[10:00] {RonS} ambc hit
01[10:02] {@Threei}  EBAY starts loking like DBI if can't break .40
[10:05] {dino} watching it ron
[10:05] {dino} db l .08
01[10:07] {@Threei}  finally... move your butt now
[10:07] {dino} ambc sm l .70
[10:08] {fish_49} lol  push it Vad
01[10:08] {@Threei}  cleared large seller, no overhead for the 40 -50 cents
01[10:09] {@Threei}  just needs some help by SPY now, and should revisit day high
[10:09] {dino} teso stop .19 -.15
01[10:10] {@Threei}  1:1
[10:14] {fish_49} 1:2
01[10:14] {@Threei}  1:2
[10:15] {dino} gj
[10:15] {fish_49} gonna try and get .72 on the remaining
01[10:15] {@Threei}  .85 my target
01[10:15] {@Threei}  with usual trails of course
[10:15] {fish_49} ok I will hold it
[10:16] {fish_49} i dont see a good place to trail right now
01[10:16] {@Threei}  by the book
[10:16] {fish_49} I'm still at BE  for my trail
01[10:16] {@Threei}  .49
[10:16] {fish_49} ok
01[10:17] {@Threei}  why invent the wheel
[10:17] {fish_49} I had a good entry  .38
[10:25] {dino} out ambc .10, +.40
01[10:25] {@Threei}  wtg
[10:25] {RonS} gj
01[10:25] {@Threei}  1:3
[10:27] {dino} ty
01[10:28] {@Threei}  closed on a trail
[10:31] {ese} L some more C avg .27
[10:32] {ese} stop .17
[10:37] {dino} db stop to .38 brb
[10:38] {ese} sheeeeesh C.......get your but above .35
[10:38] {ese} butt
[10:40] {fish_49} out ebay +.34  thanks Vad
01[10:41] {@Threei}  yw
01[10:41] {@Threei} Short Setup: FB  .45 break
01[10:41] {@Threei}  If holds  .50
01[10:46] {@Threei}  meh
[10:46] {fish_49} FB  SOG
[10:47] {fish_49} Son of  a Gun
[10:47] {fish_49} I'm being polite today
[10:47] {fish_49} even to Nemo
[10:47] {nemo} Crimea River
[10:47] {dino} out db .38, +.30
[10:48] {RonS} gj
[10:49] {ese} well.....will miracles never cease
[10:49] {dino} ty
[10:53] {fish_49} somebody buying a ton of Big Macs today
01[10:54] {@Threei} Short Setup: SLW  .25 break
01[10:54] {@Threei}  If holds  .35
[10:54] {fish_49} did you get any?
01[10:55] {@Threei}  ?
[10:55] {fish_49} wrong send  sorry
[10:55] {munky} i gotta
[10:56] {ese} it's about time C
06[10:56] * munky slaps fish_49 around a bit with a large trout
01[10:56] {@Threei}  EBAY at my target
01[10:56] {@Threei}  .85
[10:56] {ese} out ½ C +.10
[10:56] {ese} .37
01[10:59] {@Threei}  Invalidated  SLW
[11:00] {RonS} amba looks short for another leg down...
[11:01] {dino} .
01[11:02] {@Threei}  frikin FB
[11:02] {mojo1} dino JAZZ up 3
[11:02] {mojo1} any thoughts on it
[11:03] {RonS} quiet gone this pm...daughter & family here then w/ hyper 2 1/2 year old...
[11:03] {RonS} JAZZ...sounds upbeat?
[11:03] {dino} pega sm l .46
[11:04] {dino} teso l .24
01[11:04] {@Threei}  ron... you wished for it :)
[11:04] {dino} enjoy it ron
01[11:05] {@Threei} Long Setup:  EBAY  .60 break
[11:05] {RonS} ya, they need to be here to look for a place...rental market here really tight...they may have to buy something...
01[11:06] {@Threei}  If holds  .54
[11:07] {RonS} hey ese...have you seen Gary Clark Jr play?...the guy is off the hook...like a combo of bb king and hendrix
[11:08] {ese} no......not sure actually that I know who he is
[11:08] {RonS} http://en.wikipedia.org/wiki/Gary_Clark,_Jr.
[11:09] {RonS} Clapton invited him to his guitar fest last summer...
01[11:09] {@Threei}  nope
01[11:09] {@Threei}  downward moves are more prolonged than they used to be, gotta change bottom hunting strategy
[11:09] {ese} cool.... am gonna look at that
[11:09] {dino} out teso .21 -.03
[11:10] {RonS} ...fastest hand speed that I have ever seen on a guitar
[11:11] {fish_49} ebay looks long here Vad
[11:12] {ese} thats saying something....
[11:12] {munky} nemo, hows volume today vs averages
[11:13] {nemo} slow day so far...looks like 80 mil will be the day
[11:13] {munky} ty cap'n
[11:16] {fish_49} what is a stronger bird  Corvus or a Raven?
[11:17] {nemo} Raven larger, Corvus is a crow
[11:18] {RonS} tal pulp
[11:18] {nemo} Corvus was also a weapon used on ships to puncture other ships back in the Roman times I think
[11:19] {munky} nemo, r u reincarnated like patton?
[11:19] {Corvus} Raven = Corvus corax
[11:19] {Corvus} Common Raven
[11:19] {nemo} yeah, same genus  Raven and crow
[11:19] {fish_49} I see that  Crow and Corvus  same
[11:20] {nemo} http://goo.gl/JWvIxD
[11:20] {Corvus} American Crow=Corvus brachyrhyncos
[11:20] {nemo} actually two different species from the same genus
[11:20] {Corvus} actually correct
[11:20] {dino} nevermore
[11:20] {Corvus} neverenough
[11:20] {fish_49} Baltimore Corvus?
[11:20] {nemo} wait til Raven comes back
01[11:20] {@Threei} Short Setup: FCX  .60 break
01[11:21] {@Threei}  If holds  .65
[11:21] {nemo} stop while you're behind fish
[11:21] {Corvus} Raven is always predsent
[11:21] {Corvus} present
[11:21] {nemo} no...we have a Raven in this room, he's not here today
[11:21] {RonS} hmm...here i thought corvus was the plural of corvette...
[11:21] {Corvus} so say you
[11:24] {ese} forgot to report stopped C with balance .17-.10
[11:25] {nemo} unless you're Raven and changed ur nick
[11:25] {fish_49} same domain
01[11:29] {@Threei}  military draft started in my town in Ukraine
[11:30] {RonS} centuries ago?
[11:30] {fish_49} They plan to fight until the end
[11:30] {ese} Do you still have family there vad
01[11:30] {@Threei}  no... friends, yes
[11:31] {fish_49} of the age where they would be drafted?
01[11:32] {@Threei}  no, but their son is 18
[11:33] {fish_49} I hope it can be resolved without blood
[11:33] {nemo} already been blood
01[11:33] {@Threei}  so far, it's straight-up escalation...
01[11:34] {@Threei}  good boy FCX
[11:34] {fish_49} click click FCX
[11:34] {fish_49} 1 more tick
01[11:34] {@Threei}  1:1
[11:35] {fish_49} there we go
01[11:35] {@Threei}  honestly, I see no good options over there... it's a choice between very bad now and very bad later
01[11:36] {@Threei}  and one hot head on either side is enough for the powder keg to explode
01[11:36] {@Threei}  in pre-WW2 months, it was the same... no one thought it was possible
01[11:37] {@Threei}  and everyone stumbled toward it making one logical step after another
01[11:37] {@Threei}  1:2
[11:39] {mojo1} ty VAD
01[11:39] {@Threei}  yw
01[11:39] {@Threei}  1:3
01[11:39] {@Threei}  out .31
[11:39] {fish_49} out here
[11:39] {fish_49} ty
[11:39] {dino} josb
01[11:40] {@Threei}  two 1:3ers make it better, but still negative for the day
[11:41] {RonS} mw news?
01[11:42] {@Threei}  JOSB Men's Wearhouse nearing a deal for the company at $65/shr or a bit higher- press (vs last rejected offer at $63.50/shr) -
01[11:42] {@Threei}  wow FCX
01[11:43] {@Threei}  and at the beginning of the trade I was thinking, maybe limit it to just a scalp
[11:43] {mojo1} unreal
01[11:43] {@Threei}  good thing decided against it
01[11:43] {@Threei}  oh
01[11:43] {@Threei}  here is why
[11:44] {nemo} what copper futures doing?
01[11:44] {@Threei}  IPath DJ/UBS Copper Copper futures move to new lows back below $3.00/lb- Weakness attributed to renewed chatter of potential for further corporate debt defaults in China.
01[11:44] {@Threei}  Lowest since July 2010
[11:44] {fish_49} down Nemo
01[11:44] {@Threei}  that's what kills FCX
[11:44] {RonS} gs hit
[11:44] {nemo} yep
01[11:44] {@Threei}  what can I say... perfect timing on our short
01[11:45] {@Threei}  PLUG
01[11:45] {@Threei}  Plug Power Inc Citron research makes cautious comments; sees fair value at $0.50/shr- Citron tweets: "Citron comments on this casino stock. Management wouldn't buy it at .15 cents why should you buy it at $11?"
01[11:45] {@Threei}  Cotron tends to kill stocks
01[11:46] {@Threei}  kill them dead
01[11:46] {@Threei}  Citron too
[11:47] {fish_49} I wanted FCX long at the break of .16  I chickened out
01[11:48] {@Threei} Short Setup: PLUG  .90 break hl
[11:48] {thomcbell} cant borrow plug
01[11:48] {@Threei}  no, not here
[11:49] {goinshort} not here
01[11:49] {@Threei}  on validated anyway
[11:49] {nemo} good thing
01[11:49] {@Threei}  invalidated anyway
[11:55] {dino} pplt drop
01[11:55] {@Threei} Long Setup:  TZA  .95 break
01[11:56] {@Threei}  fans of aggressive entries just take it here with .89 stop
[11:59] {munky} would vxx long be a similar trade?
01[11:59] {@Threei}  more volatile
01[11:59] {@Threei}  but as an idea of playing market breakdown, yes
01[12:00] {@Threei}  JOSB halt
[12:07] {RonS} josb deal confirmed $65
[12:08] {nemo} Men's Warehouse to buy Joseph Bank for $65/share in cash.
01[12:08] {@Threei}  half out from .92
01[12:11] {@Threei}  1/4 more out
01[12:12] {@Threei}  that same case... 5K shares at .92, 3-4 cents stop
[12:13] {dino} out tza .04, +.11 fl
[12:14] {fish_49} out in full here  thanks Vad
01[12:14] {@Threei}  vasil, look private message please
01[12:14] {@Threei}  yw
01[12:14] {@Threei}  want a few more cents for last 1/4
01[12:14] {@Threei}  stop .94
[12:14] {dino} outr sm l .00
[12:15] {fish_49} could take awhile to break .05
[12:15] {fish_49} ohh  wow
[12:15] {fish_49} lol
01[12:15] {@Threei}  what's your hurry?
01[12:15] {@Threei}  gotta be somewhere urgently?
[12:15] {fish_49} yes
01[12:15] {@Threei}  come on, draft is only in Ukraine
01[12:16] {@Threei}  the rest can wait
01[12:16] {@Threei}  well, unless it's wife calling
[12:16] {fish_49} amazing  Level II looked like the berlin wall at .05
01[12:16] {@Threei}  my a$$ is out
[12:16] {fish_49} no  wife  making lunch  On my way to get more coffee
01[12:16] {@Threei}  back in black, finally
[12:16] {fish_49} AC/DC?
01[12:16] {@Threei}  :)
[12:16] {RonS} showing outr halt...
01[12:19] {@Threei}  vasil
01[12:19] {@Threei}  private message please
[12:19] {dino} no
[12:19] {RonS} ya, was mistake...
01[12:29] {@Threei}  more downside or bottom is in
01[12:29] {@Threei}  that is the question
01[12:29] {@Threei}  right after to be or not to be
[12:30] {fish_49} let me check the 8-Ball
[12:30] {nemo} 187 test or back to vwap
01[12:30] {@Threei}  gut says more downside
01[12:30] {@Threei}  brain says don't listen to gut
[12:30] {thomcbell} gotta go do kid stuff today guys good lucks
[12:30] {thomcbell} luck
01[12:30] {@Threei}  take care thom
[12:30] {fish_49} tc thom
[12:30] {fish_49} Thom
[12:35] {dino} out outr .49, +.49
[12:36] {fish_49} 2nd pot of coffee on..  Lets rock and roll Vad
01[12:36] {@Threei}  hmmm
01[12:37] {@Threei}  I have to say, no man offered me that before
[12:37] {fish_49} ohhh my
01[12:37] {@Threei}  {GGG}
[12:37] {fish_49} Somewhere my comment got lost in translation
[12:37] {fish_49} lol
[12:38] {fish_49} Vad do you drink Coffee?
01[12:39] {@Threei}  very much so
01[12:39] {@Threei}  in fact right now
01[12:39] {@Threei}  and what I call coffee not many north americans can drink
01[12:39] {@Threei}  ask ese
[12:39] {goinshort} tried the Russian Standard over the weekend - very good!
[12:40] {fish_49} I'm setting up my camera out near the bird feeder later.  Will use the wifi  inside the house  and try to snap a cool pic
01[12:40] {@Threei}  good to hear gs
[12:40] {fish_49} Cardinals  are here and purple martins  but the martins don't hang out at the feeder
[12:40] {goinshort} gonna order a case
[12:40] {fish_49} GS  you drink it straight?
01[12:41] {@Threei}  is there any other way?
[12:41] {fish_49} not sure  I don't rink Vodka
[12:41] {fish_49} I like Scotch
01[12:42] {@Threei}  I do too, but they are not mutually exclusive :)
[12:42] {goinshort} straight
[12:43] {fish_49} fcx breakout  back to Vwap?
[12:43] {fish_49} HG (Copper Futures)  still sliding down
01[12:43] {@Threei}  I am not jazzed about this trade
[12:44] {fish_49} k
01[12:44] {@Threei}  chart is right but underlying asset is in deeper troubles than it show so fart
01[12:44] {@Threei}  copper might be in real bear for a while
01[12:44] {@Threei}  it doesn't mean FCX is untradeable on a long side, but this setup is not very compelling
01[12:45] {@Threei}  heh
01[12:46] {@Threei}  anyone wondered why Putin denied the obvious saying that it's not his troops in Crimea?
01[12:46] {@Threei}  among other reasons, this:
[12:46] {fish_49} y
01[12:46] {@Threei}  Russian oligarchs and senior politicians are likely to escape sanctions over the occupation of Ukraine, Downing Street admitted today. Any asset freezes or visa bans imposed by the West on Moscow in reprisal for the deployment of Russian troops in Crimea will be targeted at “officials who have links to the action that has been taken with regard to the violation of Ukrainian sovereignty", the Prime Minister’s Official Spokesman said.
01[12:46] {@Threei}  go ahead, prove it
01[12:47] {@Threei}  wealthy businessmen who are close to Vladimir Putin, many of whom have vast fortunes in London and across Europe, are unlikely to be hit.
01[12:47] {@Threei}  Sources said Mr Putin and Sergei Lavrov, the Russian foreign minister, are unlikely to be affected as the Foreign Office wants them to be free to travel to talks over Ukraine.
[12:48] {fish_49} He starting to sound like Baghdad Bob
01[12:48] {@Threei}  only he actually has military and is not afraid to use it
[12:48] {fish_49} http://www.free-lebanon.net/wp-content/uploads/2012/08/Baghdad-Bob.jpg
01[12:49] {@Threei}  More U.S. F-16 fighting falcons will be deployed to Poland in the coming days and weeks, the Pentagon press service has reported.
[12:50] {fish_49} words can't fix it  so we send planes
01[12:50] {@Threei}  planes can't either
01[12:50] {@Threei}  they already said they are not goihng to engage militarily
01[12:50] {@Threei}  so who cares about those planes
[12:50] {dino} poland does
[12:51] {fish_49} I agree but when did they ever do what they say?
[12:51] {fish_49} it's just a show of force
[12:51] {fish_49} I agree with the comment yesterday Ukraine needs Nuc's
[12:51] {dino} they are there to say you get ukrain, but no more
01[12:51] {@Threei}  that's all he wants
[12:51] {fish_49} Another cold war
[12:52] {dino} good for defense companies
01[12:52] {@Threei}  no one does anything about such incursion, that WILL lead to another
01[12:52] {@Threei}  just as Georgia in 2008
01[12:53] {@Threei}  there wouldn't be Crimea if that wasn't allowed and forgiven
[12:53] {dino} agreed
01[12:53] {@Threei}  also, when such precedent is created with broken guarantees for giving up your nukes, how's that going to play in the future?
01[12:54] {@Threei}  Iran gets the message loud and clear - get those nukes if you want to be safe
[12:54] {fish_49} Yep
[12:54] {fish_49} Kim Jung Un will work harder as well
01[12:54] {@Threei}  right
01[12:55] {@Threei}  this us why I said I see no good options there
01[12:55] {@Threei}  no one wants war
01[12:55] {@Threei}  but all the measures avoiding it only create more pretext for further confrontations
01[12:55] {@Threei}  we didn't get here in one step, there were a lot of errors made in the past
01[12:56] {@Threei}  and as a result, we have this situation with bad choices and worse choices
01[12:58] {@Threei}  Ukraine's Security Service detained a Russian saboteur in Donetsk Oblast on March 10, said SBU Chief Valentyn Nalyvaichenko. The suspect is accused of preparing explosions and orchestrating other acts of diversion, said Nalyvaichenko in a statement on March 11. His activity is suspected of serving as a pretext for a wider Russian military invasion of Ukraine beyond Crimea.
01[12:59] {@Threei} Short Setup: FCX  .90 break
01[12:59] {@Threei}  If holds  31
[13:06] {dino} tza l .10
[13:09] {dino} stop .05
01[13:14] {@Threei}  oh boy
01[13:14] {@Threei}  e-mails I get...
[13:14] {dino} teso l .05
01[13:15] {@Threei}  just heard from the guy who argued with me in 1999, when he bought ELNK somewhere in $80s, stock started dropping, he refused to take a stop
01[13:15] {@Threei}  I advised him to take a loss and look for re-entry
01[13:16] {@Threei}  he said something about it being largest ISP in nA
01[13:16] {@Threei}  etc
01[13:16] {@Threei}  e-mailed me today, out of all these days and years
01[13:16] {@Threei}  to say that I was right
[13:16] {dino} lol
[13:16] {dino} 15 years later
01[13:17] {@Threei}  can youi believe it, lol
01[13:18] {@Threei}  said his username was magic... doesn't ring a bell
01[13:20] {@Threei}  market slowed down to a crawl
01[13:21] {@Threei}  FVX is valid still
01[13:21] {@Threei}  FCX
01[13:24] {@Threei}  not anymore
01[13:25] {@Threei}  be back in 20
[13:26] {dino} feels like everybody walking on egg shells, afraid to move
[13:26] {dino} viix l .89
[13:30] {dino} out viix .15, +.26
[13:30] {RonS} gj
[13:31] {dino} ty
[13:42] {fish_49} is the paint dry?
[13:46] {ese} yaaaaaaaaaaawwwwwwwwwwwnnnnnnnnn!!!!!!!!!!
01[13:50] {@Threei}  back
[13:50] {fish_49} wb
[13:51] {ese} no....fell asleep
[13:52] {ese} ohhhhh....ya mean your back.......ahhhhhhh....like I said .....fell asleep
[13:53] {fish_49} Did ya bring the market back with you Vad?
01[13:53] {@Threei}  what am I, semitrailer
01[13:54] {@Threei} Short Setup: EBAY  .05 break
01[13:54] {@Threei}  If holds  .15
01[13:56] {@Threei}  Invalidated
01[13:56] {@Threei}  for now
[13:58] {fish_49} Ebay . 40 and .50
[13:58] {fish_49} I mean FB  sorry
01[14:00] {@Threei}  FB looks uooish
[14:00] {fish_49} it broke
01[14:00] {@Threei}  uppish
01[14:01] {@Threei}  yup
[14:01] {fish_49} yep
[14:01] {fish_49} Vwap 72.05
01[14:01] {@Threei}  with stop under .40 of course
[14:01] {nemo} spy probably only got .10 more in it
[14:03] {fish_49} that was some serious selling pressure
01[14:03] {@Threei}  looks like usual shakout before move up
01[14:03] {@Threei}  normal for this time of the day
01[14:04] {@Threei}  that's some bid
01[14:04] {@Threei}  wow
01[14:04] {@Threei}  huge block
[14:04] {fish_49} yep
01[14:04] {@Threei} Long Setup:  FB  .30 break
01[14:04] {@Threei}  hl
01[14:04] {@Threei}  If holds  .20
01[14:06] {@Threei}  1:1
[14:08] {dino} hsp drop
[14:09] {nathan} short PG .25 break
[14:10] {nathan} invali
01[14:11] {@Threei}  out FB
01[14:11] {@Threei}  1:2 is close enough
[14:11] {dino} hsp smr l .47
[14:11] {dino} pulp
01[14:13] {@Threei} Short Setup: DE  .95 break hl
01[14:13] {@Threei}  If holds  .05
[14:15] {fish_49} Dino you were trying to catch a bottom there with HSP?
01[14:16] {@Threei}  EBAY
01[14:16] {@Threei}  setup is back
01[14:17] {@Threei}  fish, what do you mean "trying?" There is no try, do or do not {G}
[14:18] {dino} hsp stopped -.25, idiot trade, had .30 on it
[14:19] {dino} y fish
[14:19] {fish_49} yea  when I looked you were already up .30+  then I blinked and it was falling fast
[14:19] {dino} turns into a rinse, pulp, pulp, pulp
[14:20] {dino} .45 trig
[14:23] {fish_49} DE 1;1
[14:23] {dino} gj
01[14:25] {@Threei}  1:1
01[14:25] {@Threei}  Ron
[14:25] {RonS} yes
01[14:25] {@Threei}  DE is on my radar thanks to you
[14:25] {fish_49} we didn't take any money from wmt today  who was supposed to watch it?
[14:25] {RonS} np
[14:26] {RonS} spring is when people like to think farm equip...
[14:27] {fish_49} I sit on 1 acre  not looking forward to cutting this year
[14:29] {fish_49} Did ebay trigger?
01[14:30] {@Threei}  sorry fish, I know we are friends and all that, but I am not cutting your grass for less than a box of hennessy paradis
01[14:30] {@Threei}  yes
01[14:31] {@Threei}  and before agreeing lightly you may want to look up the price of one bottle
01[14:31] {@Threei}  1:1
01[14:32] {@Threei}  sheesh, this day turns to be fairly nice... who would have thought in the morning
01[14:34] {@Threei}  1:2  FB
01[14:34] {@Threei}  1:2  DE
01[14:36] {@Threei}  nathan... today market is kinder to you within your time window, eh? :)
[14:36] {nathan} lol
[14:37] {nathan} though not a good day for me
[14:37] {nathan} 2 stops in a row
01[14:37] {@Threei}  3 1:2 calls since you connected
[14:38] {nathan} i missed all of them
01[14:38] {@Threei}  that was 1:2 EBAY above, not FB, sorry
01[14:38] {@Threei}  FB was fast... EBAY and DE were slow and easy to get
[14:38] {fish_49} yea I thoiught so  I thought you already dumped FB
[14:39] {fish_49} you sold half just b4 1:1  and the second half  should have been gone on the trail
01[14:39] {@Threei}  yeah, just too mnay stocks on radar, plus early onset of Alzheimer
[14:39] {nathan} yep but i was already in trade when i read youra
[14:39] {nathan} not enough BP
[14:39] {fish_49} I can and will only manage 1 at a time  for now
01[14:39] {@Threei}  on FB fish?
[14:40] {fish_49} you should have been out  FB right?
01[14:40] {@Threei}  no, sold half at 1:1 and second half just under 1:2
[14:40] {fish_49} oh  I got out  and was not watching  I thought it pulled back
01[14:40] {@Threei}  [14:11] {@Threei} out FB
01[14:40] {@Threei}  [14:11] {@Threei} 1:2 is close enough
[14:40] {fish_49} ohhhh
01[14:40] {@Threei}  it pulled back after that
[14:41] {fish_49} it was 1:2 that you sold just short of I was thinking it was 1:1  I need more Ginko
01[14:42] {@Threei}  Herbalife Ltd. Pershing (Ackman): Company has yet to disprove any of the issues set forth in the presentation - presentation- Claims that research conducted in Chinese markets show that HLF has violated multi-level marketing (MLM) rules in China including violations of how it pays distributors and how they recruit new representatives.
01[14:42] {@Threei}  you need real coffee, fish
01[14:42] {@Threei}  brewed in jezva
01[14:42] {@Threei}  not this drip crap
[14:43] {fish_49} ohhh no  When I was a working man  there were some cubans  that gave me a small plastic tiny cup of mud  they said was coffee
[14:43] {fish_49} I thought I didnt sleep for days
01[14:43] {@Threei}  I swear HLF will be the end of Ackman
[14:43] {nemo} anybody else's buying power screwed up
[14:43] {dino} herbalife is ackman's white whale, going to ruin him
01[14:43] {@Threei}  and he will be proven right after he goes bankrupt
[14:43] {dino} thats what i'm thinking
[14:43] {fish_49} my BP seems off
01[14:43] {@Threei}  - "Herbalife would have you believe that its distributors are paid as hourly consultants" when it is 100% paid on commissions. Pershing claims that the consulting pay is a "fictional" construct based on distributing commissions divided work hours. Says this practice enables them to talk to recruits at public seminars, and circumvent Chinese law. - Distributors in China that were interviewed suggested that they had multiple layers of distributors working under them, violating Chinese law which does not allow distributors to recruit other distributors.
[14:44] {fish_49} Is there a CC around?
[14:44] {vasil} FCEL for poolback ?
01[14:45] {@Threei}  skype him fish
01[14:45] {@Threei}  FCEL... worth a try long on .20 break
01[14:46] {@Threei}  stop/invalidation under .10
[14:46] {munky} fish, bp wrong here aslso now
01[14:47] {@Threei}  1:1
[14:47] {fish_49} I emailed  and I am in skype  right now  but  no reply yet
[14:49] {fish_49} Nonko Trading
[14:49] {fish_49} ‎2‎:‎49‎ ‎PM its fixed on your account‏
[14:49] {fish_49}  so they should tell us their users case by case‏
[14:50] {fish_49} he said  each of you with messed up BP  will have  to contact him
[14:51] {dino} out hsp .49, +.03
[14:51] {munky} i just emailed him
01[14:54] {@Threei}  1:2 FCEL
01[14:54] {@Threei}  cute little trade
[14:54] {vasil} done
[14:55] {vasil} thanx
01[14:55] {@Threei}  sure thing
[14:55] {nathan} Look HLF
[14:55] {nathan} nice spike
[14:56] {nathan} too much spread
[14:56] {RonS} outta here...daughter's flight arrived 45 min early...see u guys in the a.m....
01[14:56] {@Threei}  HLF recently changed its reason for existence
01[14:56] {@Threei}  take care ron
01[14:57] {@Threei}  up to last year it was to sell that crap they make and squeze money out of believers
01[14:57] {@Threei}  since last year, it exists with single purpose in mind: to destroy Ackman
01[14:58] {@Threei}  when it's done with him, it can go bankrupt itself
01[14:58] {@Threei}  and very likely will
[14:58] {vasil} fcel out
[15:01] {dino} athm sm l .78
01[15:07] {@Threei}  come on DE. give me 1:3
01[15:08] {@Threei}  1:3
01[15:08] {@Threei}  out
01[15:08] {@Threei}  happy
[15:08] {fish_49} gj
[15:08] {fish_49} I didnt get that one
01[15:09] {@Threei}  got EBAY instead?
[15:09] {dino} stop athm .63 -.15
[15:09] {fish_49} yea  but  got out a bit early
[15:09] {fish_49} Wife asked me  to help her with some things...
01[15:10] {@Threei}  man... you just don't want to learn how to do those slaps and kicks, do you
[15:10] {fish_49} lol  I will
[15:10] {fish_49} I like Ebay and wmt  both of them I have had great luck on
[15:11] {fish_49} I rarely do well with FB  and avoid it in the mornings as it could jump past my stop in a split second
[15:11] {fish_49} Do we rally back up to VWAP on a few of these over sold stocks?
[15:12] {fish_49} Nemo?
[15:12] {fish_49} thoughts?
[15:12] {nemo} don't think there's a rally today
[15:12] {nemo} not to vwap anyway
01[15:12] {@Threei}  yeah, my gut was right about more selling
[15:17] {fish_49} C
[15:17] {fish_49} wow
01[15:21] {@Threei} Long Setup:  JPM  .25 break
01[15:21] {@Threei}  If holds  .15
[15:22] {fish_49} missed
01[15:23] {@Threei}  1:1
[15:25] {nathan} take care
01[15:26] {@Threei}  take care nathan
[15:26] {nathan} tomorrow a new day
[15:28] {goinshort} back to green -calling it a day - thanks everyone !
01[15:28] {@Threei}  gs :)
[15:28] {fish_49} later GS
01[15:38] {@Threei}  “A country which willingly gave up its nuclear arsenal . . . and received guarantees from the world’s leading countries finds itself unprotected, one-on-one with a country which is armed to its teeth,” Arseniy Yatseniuk, Ukraine’s interim prime minister, said.
01[15:39] {@Threei}  “If you do not uphold these guarantees which you signed up to in the Budapest Memorandum, then explain how you will convince Iran and North Korea to give up their nuclear status?” he asked.
[15:39] {dino} he's right, our word means nothing
01[15:39] {@Threei}  yup
01[15:40] {@Threei}  still, looking at him every girl in the world thinks "not only I refused to go out with this guy in high school, I did all I could to make sure no one know he even asked me"
01[15:40] {@Threei}  http://www.kyivpost.com/media/images/2014/03/10/p18ims6a9jdml1cf216pf1u7i1pab4/big.jpg
[15:41] {vasil} haha :)
01[15:44] {@Threei}  FCX, no support whatsoever
[15:48] {fish_49} just as you said that it found some legs
01[15:48] {@Threei}  those are very shaky legs...
[15:49] {fish_49} non the less they are legs  lol   .60 break will get 1:1
[15:49] {fish_49} lol
[15:49] {fish_49} maye
[15:49] {fish_49} maybe
[15:49] {fish_49} did you mean cut grass for case or  just one bottle?  and cut grass for the season or just one time?  lol
01[15:50] {@Threei}  still... if FCX was a girl, I'd recommend it to wear very long skirt
[15:50] {fish_49} lol  skinny nobly knees
[15:50] {fish_49} yes Nemo I made that word up
01[15:50] {@Threei}  case, one time
[15:50] {fish_49} oh  your expensive
01[15:51] {@Threei}  that's because in high school... oh, never mind
01[15:51] {@Threei}  ok guys, thank you all
[15:51] {fish_49} gn
01[15:51] {@Threei}  have as good evening, see you tomorrow
[15:51] {fish_49} thanks Vad
01[15:51] {@Threei}  nice day
[15:51] {vasil} good evening :)



Monday, March 10, 2014

March 10 2014

Very quiet low volume day, ended slightly positive. Many winning entries but mostly just scalps, with couple larger wins.


Session Time: Mon Mar 10 00:00:00 2014
[08:39] {_illyakuryakin} gee...it worked :)
01[08:49] {@Threei}  what did?
[08:50] {_illyakuryakin} logging on for day 6
[08:50] {_illyakuryakin} :)
01[08:51] {@Threei}  honor system
[08:51] {_illyakuryakin} ugh...now you tell me...
01[08:51] {@Threei}  want me to change it to block, kick, chase and shoot system?
[08:52] {_illyakuryakin} heck no
[09:09] {dino} gm
01[09:09] {@Threei}  dino :)
[09:09] {fish_49} gm
01[09:10] {@Threei}  fish :)
[09:14] {munky} morn
01[09:14] {@Threei}  munky :)
01[09:16] {@Threei}  https://www.facebook.com/VadymGraiferPhotography/posts/618022274943958
[09:17] {RonS} hello and no kidding...
01[09:17] {@Threei}  Ron :)
[09:20] {RonS} so, does Canada change their time with the US?
01[09:21] {@Threei}  most of it, yes
01[09:21] {@Threei}  one province doesn't
01[09:22] {@Threei}  too bad it's the only reason to like it, or I would have moved for that only
[09:22] {fish_49} I like moving clock ahead  in Spring,  It was the only time I could stay up past 9 pm  I felt young again
01[09:23] {@Threei}  yeah but payback in the morning is such a bitch
[09:23] {fish_49} yea  I slept unti 7:30  this morning
[09:25] {mojo1} gd morning vietnam
01[09:25] {@Threei}  mojo :)
[09:25] {ese} morning...mojo vad
01[09:25] {@Threei}  ese :)
[09:26] {fish_49} they find that plane yet?
[09:26] {goinshort} gm all !
01[09:26] {@Threei}  gs :)
[09:26] {_illyakuryakin} i like daylight savings; grass grows better.
[09:27] {ese} fish short....mr uncle
01[09:29] {@Threei}  reiterating the feeling for late arrivals: https://www.facebook.com/VadymGraiferPhotography/posts/618022274943958
01[09:30] {@Threei} Short Setup: C  .15 break
01[09:30] {@Threei}  If holds  .25 
01[09:31] {@Threei}  no go
[09:33] {munky} stopped
[09:33] {munky} in .14
01[09:33] {@Threei} Short Setup: FB  .50 break hl
01[09:34] {@Threei}  If holds  .60 
01[09:36] {@Threei}  valid again
01[09:37] {@Threei}  not anynore
[09:37] {dino} vod hl l .45
01[09:38] {@Threei} Long Setup:  IWM  .35 break
01[09:38] {@Threei}  If holds  .25 
[09:40] {nemo} NY now on Daylight Savings, Europe doesn't close until 12:30 
01[09:40] {@Threei}  Invalidated  
01[09:41] {@Threei} Long Setup:  FB  .70 break hl
01[09:41] {@Threei}  If holds  .60 
01[09:41] {@Threei}  valid still
[09:41] {nemo} chop city out there
[09:42] {ese} nope
01[09:42] {@Threei}  Invalidated  
[09:42] {ese} thought sure as heck fb was gonna do it
[09:42] {ese} bull flag
01[09:43] {@Threei} Long Setup:  IWM  .30 break
01[09:44] {@Threei}  If holds  .20 
01[09:44] {@Threei}  pennant breaks to the upside
01[09:44] {@Threei}  1:1  
01[09:47] {@Threei}  1:2  
01[09:48] {@Threei}  FB is in play again, same setup
01[09:48] {@Threei}  hl
[09:48] {dino} fmx smr l .85 ave
01[09:48] {@Threei}  1:1  FB 
[09:48] {munky} no way to catch
01[09:48] {@Threei}  yeah
01[09:58] {@Threei} Long Setup:  FB  .70 break hl
01[09:58] {@Threei}  If holds  .60 
01[09:59] {@Threei}  stop to .64
01[10:00] {@Threei}  meh
01[10:01] {@Threei} Long Setup:  C  .55 break
01[10:03] {@Threei}  Invalidated  
[10:05] {dino} fmx stop -.35
01[10:08] {@Threei} Long Setup:  FAZ  .65 break
01[10:09] {@Threei}  If holds  .58 
[10:10] {dino} risky, smr l athm .30
[10:10] {ese} not risky for you there buddy
[10:11] {ese} whats up with all the fuel cell stocks....going nuts today PLUG BLDP etc etc
01[10:12] {@Threei}  (RU) Russia troops reportedly open fire during attempts to take over a Ukraine military post in Crimea, no injuries
[10:13] {_illyakuryakin} using blanks maybe?
01[10:13] {@Threei}  or aim high
01[10:14] {@Threei}  at this point they do try to avoid full blast shootout
01[10:17] {@Threei}  stop to .61
01[10:21] {@Threei}  stop to .64
01[10:26] {@Threei} Short Setup: WMT  .05 break
01[10:27] {@Threei}  1:1  FAZ 
01[10:27] {@Threei}  If holds  .12  wmt
01[10:27] {@Threei}  Invalidated  
[10:27] {nemo} look for .20ish short
[10:27] {mojo1} 1:1
[10:28] {mojo1} ty
01[10:28] {@Threei}  yw
[10:28] {thomcbell} gm
01[10:28] {@Threei}  thom :)
[10:29] {dino} bita smr l .66 wide
[10:29] {nemo} lvs
[10:29] {nemo} twp wau [;au
[10:29] {nemo} two way play
01[10:29] {@Threei}  sorry nemo
[10:30] {nemo} yeah
[10:30] {fish_49} I was away  did WMT trigger  and thanks for FAZ  Im out here
01[10:30] {@Threei}  never thought my negative influence on your typing would reach such depths
01[10:30] {@Threei}  no fish, invalidated
[10:30] {fish_49} thanks
[10:32] {fish_49} FAZ is not shortable?
[10:32] {nemo} faz is the short, take tna
01[10:32] {@Threei}  no
01[10:32] {@Threei}  FAS
[10:32] {fish_49} not asking for that reason Nemo  thanks
[10:32] {nemo} oh yeah, right
[10:32] {nemo} oh
[10:32] {nemo} short the xlf then
01[10:33] {@Threei}  FAS long = FAZ short
[10:33] {nemo} huh
[10:33] {fish_49} I had my stop loss order in and then tried  to plug in my 1:1 sell order and it wouldnt let me  ....  I had  to cancel the stop loss and then take profit
01[10:33] {@Threei}  yup, that's why
01[10:33] {@Threei}  it interpreted it as one order = sell and another = short
01[10:34] {@Threei} Short Setup: CAT  .15 break hl
[10:34] {fish_49} yep
01[10:34] {@Threei}  If holds  .25 
[10:37] {nemo} volume way below 20 day average...
01[10:37] {@Threei}  meh
01[10:39] {@Threei}  FAZ balance stop to .69
01[10:40] {@Threei}  frikin CAT
[10:41] {fish_49} yea
[10:41] {fish_49} we just had the stop a couple cents low
01[10:41] {@Threei}  1:2  FAZ 
[10:41] {goinshort} 1:1 cat 
[10:42] {goinshort} out Cat
[10:42] {nemo} dull market
01[10:42] {@Threei}  quite heavy though
01[10:43] {@Threei}  slides rather willingly
[10:43] {fish_49} Monday sell in prep for tuesday buy  lol
[10:43] {nemo} relative volume for time of day is very low, and algo is very red...so lots of stocks "selling" but not much index movement, this isn't weak
01[10:43] {@Threei}  it's been a good while since we saw such players as FAZ or TZA making this kind of extended moves
[10:44] {nemo} Weekly Pivot spy 187
[10:44] {nemo} at weekly pivot on IWM here
[10:47] {dptl} good morning all
01[10:48] {@Threei}  dp :)
01[10:57] {@Threei}  stop to .74
01[10:58] {@Threei}  time to chock ut
01[11:02] {@Threei}  to .77
[11:02] {fish_49} how many montage windows do you normally have open Vad?
01[11:02] {@Threei}  5
[11:03] {fish_49} thanks
[11:03] {mojo1} ty
01[11:03] {@Threei}  one is for SPY, so it's kind of indicator, not a working one
[11:03] {munky} i have 4 fish
[11:04] {fish_49} what are you gonna do with those fish Munky?
[11:04] {dino} 6
[11:04] {nemo} Hey Vad, he said montage, not monitors
[11:04] {munky} lol
01[11:04] {@Threei}  yes
01[11:05] {@Threei}  monitors, 4
01[11:05] {@Threei}  and please don't ask about the size, it's personal
[11:05] {nemo} usually an inverse relationship
[11:06] {fish_49} Size don't matter
[11:06] {nemo} I use flip phone screens
01[11:06] {@Threei}  out FAZ
[11:07] {fish_49} the reason I asked is because of FAZ  I wanted to stay in  but was not comfy managing it while in other trades.  If  I could have put in my sell orders, I would have felt comfy going on  to another trade
[11:07] {RonS} http://www.youtube.com/watch?v=hvrupRQD44I
[11:08] {fish_49} I will set up 4 montages 2 Montages per trade
01[11:08] {@Threei}  2 per trade?
01[11:08] {@Threei}  why?
[11:08] {fish_49} it's personal
01[11:08] {@Threei}  sorry
[11:08] {fish_49} lol
[11:08] {dino} why can't you lay out sell orders?
[11:08] {munky} news tsla
[11:09] {munky} ?
01[11:09] {@Threei}  nothing fresh
[11:10] {fish_49} vad  to answer...  I like 1  for the stop loss so I can execute fast  and one for the profit.  I think this is the fastest way  until I become pro on DAS
01[11:12] {@Threei} Long Setup:  EBAY  .30 break
01[11:12] {@Threei}  If holds  .20 
[11:13] {ese} man....don't have a plan......been so sporadic since midn january.....am not sure what to look for
[11:14] {nemo} ese, watch the indexes for awhile, get rythm of the markets back
[11:14] {nemo} xlf, spy, iwm, vxx, qqq
[11:15] {nemo} dcc ese
[11:16] {dino} slxp smr l .99
[11:20] {dino} chill ese
01[11:21] {@Threei}  ese... just let the scanner run, look at those candidates that pop up often, track how they follow through... that will form your trading basket and let you ease in
[11:22] {dino} you mean, "let you ese in
01[11:23] {@Threei}  no... I wouldn't risk competing with Ron that bluntly :)
01[11:24] {@Threei}  1:1  
[11:25] {dino} out slxp .39, +.40
01[11:25] {@Threei}  wtg
[11:25] {dino} 07 green
[11:25] {dino} ty
01[11:25] {@Threei}  downtrend got broken right when we tightened and closed FAZ trade
[11:29] {dino} out bita .36, +.70
01[11:30] {@Threei}  nice back to back winners
[11:30] {dino} ty
06[11:30] * @Threei kicks EBAY in the rear
[11:32] {fish_49} * kicks anyone in the rear
[11:33] {fish_49} kicks u 
[11:33] {fish_49} kicks u in the rear
[11:33] {munky} kicks munky in the groin lol
[11:33] {fish_49} * kicks u in the rear
[11:33] {fish_49} {--- Gives up on kicks
06[11:34] * @Threei remembers a promis to teach fish mirc slaps and kicks when fish reports a day of 100% following the rules
[11:35] {fish_49} today is not that rule  I got out too fast on FAZ
[11:38] {RonS} what? really?  Analyst Actions: Himax Soars 9% on Price Target Increase to $20 From $17.50 at Northland  
[11:38] {thomcbell} what is symbol on himax
[11:39] {RonS} -a
[11:42] {RonS} munky news:  http://www.usatoday.com/story/money/business/2014/03/10/chiquita-fyffes-banana-deal/6250273/
[11:43] {munky} roflol
01[11:45] {@Threei} Short Setup: JPM  .45 break
01[11:45] {@Threei}  If holds  .50 
[11:48] {RonS} kkd stiffy
[11:48] {thomcbell} himx great daily chart on volume
[11:49] {RonS} hearing lots of call buying too...
01[11:49] {@Threei}  closed EBAY balancer on a trail
01[11:51] {@Threei}  1:1  JPM 
[11:51] {fish_49} half out
[11:52] {ese} did i get cut off
01[11:53] {@Threei}  not that I see
[11:53] {RonS} wait...let me call your wife...
[11:54] {fish_49} Ron your bad
[11:54] {fish_49} lol
01[11:55] {@Threei}  Ron... you must come for our summer shishkebab gathering.... I am suree ese can't wait to introduce you to his wife
[11:56] {fish_49} yep ee got cut off
[11:56] {RonS} wow agio
[11:57] {RonS} alr flash crash
[11:59] {RonS} crto pulp but the French govt can kiss my butt...
[11:59] {fish_49} click click 1/4 out jpm
01[11:59] {@Threei}  1:2  
01[12:03] {@Threei}  - NYSE volume 214M shares, about 11% below its three-month average; - NASDAQ volume 890M shares, about 8% above its three-month average
01[12:04] {@Threei}  IMF's Blanchard: Eurozone deflation risk is real
01[12:04] {@Threei}  duh
[12:07] {fish_49} trailing JPM to .32?
01[12:08] {@Threei}  aftre losing .25 again, yeah
[12:11] {RonS} Z a+ day
01[12:13] {@Threei}  ok, JPM to .31
[12:13] {munky} i have apptmts so have to go now, wont be back
[12:13] {munky} good luck all
[12:14] {fish_49} ty Munky  see ya tomorrow
[12:14] {mojo1} cya banana head
[12:15] {thomcbell} fb 71.88 long break if holding 71.80 half lot
01[12:16] {@Threei}  closed JPM
[12:16] {fish_49} click click out in full  ty
01[12:17] {@Threei}  yw
[12:17] {fish_49} my click click was not working this morning I installed windows 8.1  over the weekend  and had to migrate everything over from Win 7
01[12:18] {@Threei}  why, why would you do that
[12:18] {fish_49} Had issues with 7  and if I were going to re-install might as well install 8.1  
[12:19] {fish_49} it was free
[12:19] {RonS} and worth the money...
[12:19] {dptl} lol
[12:19] {fish_49} I know you Vad  you don't like upgrading  anything except a camera.  If you could  you would still be running DOS
01[12:20] {@Threei}  well, true...
01[12:20] {@Threei}  but Win 7 is great
01[12:20] {@Threei}  and win 8 is ugly
[12:20] {dptl} agree :)
[12:20] {fish_49} beauty is in the eye of the beholder
01[12:21] {@Threei}  True. Go away Angelina
[12:21] {fish_49} you can make win 8.1 look just like win 7 if you want
[12:21] {fish_49} and still have the lower overhead and better security  if your running the enterprise edition
[12:23] {thomcbell} fb 1:2
01[12:23] {@Threei}  wtg
[12:23] {fish_49} good call thom
[12:23] {thomcbell} tu
[12:23] {dino} gj
[12:24] {dino} whats with all the low volume days
01[12:28] {@Threei}  seems to me, not much appetite for risk with all the te'nsions
01[12:35] {@Threei} Long Setup:  YHOO  .20 break
01[12:35] {@Threei}  If holds  .15 
[12:47] {nemo} UAL
[12:52] {nemo} stealth C&H spy Finnies
01[12:55] {@Threei}  lol
01[12:55] {@Threei}  http://www.collegehumor.com/video/6956694/photoshop-has-gone-too-far
[12:56] {fish_49} lol
[12:59] {mojo1} u like VAL nemo
[12:59] {nemo} stealth C&Hs break
[12:59] {nemo} long possible mojo
[12:59] {nemo} should have gone with the indexes though
01[12:59] {@Threei}  1:1  
01[12:59] {@Threei}  took its sweet time
[12:59] {fish_49} yea my click click sounded  weird  lol
01[13:00] {@Threei}  no news for this market spike
[13:00] {thomcbell} feye 81 long break if holding 80.90 
[13:00] {thomcbell} i nibbled only 
[13:01] {nemo} If I knew for certain that a man was coming to my house to do me good, I would run for my life. - Henry David Thoreau
[13:01] {thomcbell} target is 81.50 
[13:01] {fish_49} sounds personal
[13:02] {fish_49} toad
[13:02] {nemo} rates right up there with CS Lewis
[13:03] {nemo} "Of all tyrannies, a tyranny sincerely exercised for the good of its victims may be the most oppressive. It would be better to live under robber barons than under omnipotent moral busybodies. The robber baron's cruelty may sometimes sleep, his cupidity may at some point be satiated; but those who torment us for our own good will torment us without end for they do so with the approval of 
[13:03] {nemo} their own conscience."
[13:03] {nemo} – C.S. Lewis
[13:03] {RonS} if some woman was coming to my house to do me bad, I would warm up the bed. - Brigham Young
[13:03] {nemo} yeah, unless you got the incurable drips as a result
[13:05] {thomcbell}     BofA raising DANG pt from $14 to $23 saying:"New initiatives to drive long-
[13:05] {thomcbell}     term growth and profitability"
[13:06] {thomcbell} looking to buy a pullback
[13:06] {thomcbell} to 17 
[13:06] {fish_49} is that BAC?
[13:07] {RonS} http://www.youtube.com/watch?v=pg9YGmmPX6w
[13:07] {thomcbell} yes on bofa
[13:08] {thomcbell} feye no go 
[13:11] {thomcbell} waiting for some sort of confirmatin on dang
[13:16] {fish_49} out remaining YHOO on trail
01[13:24] {@Threei} Long Setup:  JPM  .40 break
01[13:24] {@Threei}  If holds  .35 
[13:29] {thomcbell} nice miss dang 
[13:29] {RonS} vietnamese hooker?
[13:30] {RonS} "iso hawney"
[13:31] {nemo} TMI
[13:32] {nemo} wow, snuck that by us
[13:33] {dino} zzzzzzzzzzzzzzzzzzzzzzzzzzzzzz
[13:35] {thomcbell} feye looks dangerous 
[13:35] {thomcbell} 80.50 norning low and yest low 
[13:36] {nemo} you seem to have a....cough....feyetish for this stock
[13:36] {RonS} lol good one
01[13:36] {@Threei}  wow
[13:36] {nemo} inspired by u Ron
01[13:37] {@Threei}  that's deep
01[13:38] {@Threei} Long Setup:  YHOO  .05 break
[13:38] {RonS} stymied me 'cause there was a long-time denver rock concert promoter:  Barry Feye
01[13:38] {@Threei}  If holds  38 
[13:39] {mojo1} see you tom, thanks
[13:40] {nemo} bid dropped out of feye
[13:41] {thomcbell} feye quick 1:3 there - 1:8
[13:41] {thomcbell} lol
01[13:41] {@Threei}  FEYE is DANG scary
[13:42] {fish_49} Like tammy?
[13:42] {nemo} tammy faye?
[13:42] {fish_49} i know  spelling is not same
01[13:43] {@Threei}  this sounds better than what nemo writes to me upon reading some of my texts
01[13:43] {@Threei}  he limits himself to "s[elling is not"
01[13:44] {@Threei}  and when I ask "huh?" he answers "don't even"
[13:44] {fish_49} he smiled at my comment about scary tammy faye  he just won't admit
01[13:45] {@Threei}  now... smiling nemo - THAT'S scary
01[13:45] {@Threei}  dang scary
[13:46] {nemo} wow
01[13:48] {@Threei}  what?
[13:48] {nemo} my reputation
01[13:48] {@Threei}  there is one?
[13:49] {RonS} lol
01[13:49] {@Threei}  I thought it shot itself in the temple long ago
[13:49] {RonS} kate hot
[13:49] {nemo} winslet or beckinsale or both
01[13:49] {@Threei}  perry'
[13:50] {RonS} spade trumps today...
[13:50] {nemo} her chest is
[13:50] {dino} thinking upton
01[13:51] {@Threei}  quite a few kates, eh
[13:51] {nemo} yeah
[13:51] {nemo} then, of course, there is the all important question...
[13:52] {RonS} turning blue here...holding breath...
[13:52] {nemo} gag reflex...
[13:52] {RonS} oof
[13:53] {nemo} whoa...cc checked out on that one
[13:53] {nemo} that's the difference between a 10 and an 11
[13:55] {dino} pega l .49
[13:58] {thomcbell} feye wowza - decided not to do that one 
[14:02] {nemo} lvs drop of 85 interesting
01[14:09] {@Threei}  LOL: "When we asked Obama to stop illegal immigration we didn't mean make the country so shitty no one would want to come"
01[14:26] {@Threei}  (CY) Eurogroup approves next Cyprus aid tranche in principle, finds that Greece needs to increase the speed of its reforms - financial press- Eurogroup notes that Greece needs to finish the talks with Troika before the weekend
01[14:26] {@Threei}  {Greece} go f... just go, OK?
01[14:27] {@Threei}  TSLA Hearing a financial blog makes cautious comments
[14:29] {nemo} vxx setting up long here
01[14:30] {@Threei}  hmmm
[14:30] {nemo} would have to hold .15 for setup, but may test 44
01[14:30] {@Threei}  if loses .10 - .15 area looks short to me
[14:31] {nemo} 1:00 pm low
01[14:31] {@Threei}  and SPY rather sets up long
[14:31] {nemo} resistancea at .80 on spy
01[14:31] {@Threei}  yeah, that's the one to break to get bears run scared
[14:32] {nemo} spy iwm and finnies having problems getting above vwap
01[14:32] {@Threei}  USA Today: Ukraine may have to go nuclear, says Kyiv lawmaker
[14:35] {fish_49} where would they get their hands on Nucs
[14:36] {fish_49} or do they mean Nuclear Power
[14:37] {nemo} Nucular
01[14:37] {@Threei}  they have know how since USSR times
[14:38] {fish_49} have the materials?
01[14:38] {@Threei}  and plants capable of manufacturing the equipment
[14:38] {fish_49} and the ability to convince the world it's just for energy?
01[14:38] {@Threei}  uranium mining, yes
[14:38] {fish_49} lol
01[14:39] {@Threei}  they won't have to
01[14:39] {@Threei}  world guaranteed them territorial integrity in 1994 in exchange for giving up their nukes
01[14:39] {@Threei}  guarantee is not kept, they feel free of their part of obligation
[14:39] {nemo} vxx long
[14:41] {fish_49} http://www.youtube.com/watch?v=hORaebYWDwk
[14:42] {fish_49} VXX entry is .24 Break Toad?
[14:42] {nemo} .21
[14:42] {fish_49} stop .14?
[14:42] {nemo} now yeah
[14:42] {nemo} yeah
[14:43] {nemo} thie issue is, are the indexes going to jerk around vwap or move away
[14:44] {nemo} if vxx reaches .26 I"m moving stop up to under .20
[14:44] {nemo} looking for vwap run 
[14:46] {fish_49} VWAP around .50?
[14:47] {nemo} do members of the ursine genus defecate in arboreal areas?
[14:47] {nemo} this ain't looking good
[14:49] {fish_49} Does Rabbit Fur stick to the butt of the usine genus when they poop in the arboreal areas?
[14:50] {nemo} Eddie Murpht
[14:50] {nemo} Murphy
[14:51] {nemo} to the fur of the lepine genus you mean
[15:07] {nathan} hello!
01[15:07] {@Threei}  hi nathan
[15:07] {nathan} so quiet today
01[15:07] {@Threei}  I am scratching YHOO here
[15:07] {nathan} ok
01[15:08] {@Threei}  out .05
01[15:08] {@Threei}  you just connected at the quiet time
[15:08] {nathan} :-)
[15:08] {nathan} yes, it's all sold :-)
[15:09] {nathan} GILD
[15:09] {nathan} i would say short
01[15:10] {@Threei}  with .87 stop
[15:10] {nathan} yep
[15:11] {thomcbell} vxx nice idea 
01[15:11] {@Threei}  1:1
[15:11] {thomcbell} a bit of noise in there but 
01[15:11] {@Threei}  good spot nathan
[15:12] {nathan} yw
01[15:14] {@Threei}  nailed it with VXX, nemo
01[15:15] {@Threei} Short Setup: GLD  .07 break
01[15:15] {@Threei}  If holds  15 
01[15:15] {@Threei}  If holds  .15 
[15:19] {fish_49} 15:16:30 TradeLog Send_Rej,Shrt,GLD,500,129.06,SMAT,15:16:26,Security is not shortable![1259],Oid:0
01[15:20] {@Threei}  yup
[15:22] {fish_49} did I make an error or is it not shortable?
01[15:22] {@Threei}  not shortable
01[15:23] {@Threei}  who got it, trail to .11
01[15:23] {@Threei} Long Setup:  SLW  .10 break
01[15:23] {@Threei}  If holds  .05 
[15:28] {fish_49} gld not shortable is specific to DAS?
01[15:29] {@Threei}  some brokers might have it, some not
[15:29] {fish_49} ok
[15:29] {dino} i can short it
01[15:29] {@Threei}  usually DAS has most stocks, their short list is quite extensive
01[15:29] {@Threei}  but in some particular names it can ber in reverse
01[15:29] {@Threei}  and it changes from day to day
[15:30] {fish_49} thanks for explaining
01[15:30] {@Threei}  to make it more universal:
01[15:30] {@Threei}  there are cases of a name being not shortable across the board, for various reasons,
01[15:30] {@Threei}  mostly legal,
01[15:31] {@Threei}  and the rest is a matter of having inventory for a name
01[15:31] {@Threei}  since shorting is borrowing, broker must have inventory for a stock to lend
[15:32] {fish_49} yhoo finally chewed up that huge road block at 38
01[15:32] {@Threei}  yeah, glad we checked out
[15:32] {fish_49} yea  but was fun to watch 38 area battle
[15:37] {nathan} c u tomorrow
[15:37] {nathan} have a nice evening
01[15:37] {@Threei}  take care nathan
[15:39] {dino} out pega .47 -.02
01[15:39] {@Threei}  half out
01[15:39] {@Threei}  time becomes an issue
[15:39] {thomcbell} gn all
01[15:39] {@Threei}  take care thom
[15:40] {fish_49} same here but why}
01[15:40] {@Threei}  why what?
[15:41] {fish_49} why half out?  u mean SLW?
01[15:41] {@Threei}  yes
[15:41] {dino} well, looks like the winning streak stops at 12 days, negative today
01[15:41] {@Threei}  too close to eod, want to secure profit
01[15:41] {@Threei}  might not be enough time to sit out the pullback
01[15:41] {@Threei}  gotta happen sooner or later, dino...
01[15:42] {@Threei}  I know you are not going to throw a fit over it :)
[15:42] {fish_49} stop .15?
[15:42] {dino} on the contrary, quite happy w/the 12
[15:42] {fish_49} no  just wanted to know why you bailed  so fast  lol
[15:42] {nemo} baled
[15:43] {nemo} frickin' LEO
[15:43] {fish_49} take your word for it
[15:43] {fish_49} too lasy  to look it up
[15:43] {fish_49} get the s?
[15:43] {nemo} oy
[15:44] {fish_49} why baled
[15:44] {fish_49} bailed was correct
[15:45] {nemo} whoa...I'll have to sit down
[15:45] {fish_49} out in full
[15:45] {nemo} mmmhh...indexees going positive?
01[15:46] {@Threei}  QQQ did
[15:54] {fish_49} see ya all tomorrow  thanks Vad
[15:54] {fish_49} Thanks Toad
01[15:55] {@Threei}  yw
01[15:56] {@Threei}  closing SLW
01[15:56] {@Threei}  thank you all, have a good evening, see you tomorrow
[16:00] {dino} thx all gn

Friday, March 7, 2014

Market Week Wrap-up

TradeTheNews.com  Weekly Market UpdateCold Weather, Cold War



- The S&P500 notched new all-time closing highs this week and not even the prospects of war in Ukraine managed to unseat the relentless bid. Ukraine became a central issue after Russian troops occupied Crimea without a shot fired and the Ukrainian province prepared to legitimize the move via referendum. In Europe, ECB President Draghi was more hawkish than expected and resisted calls to offer additional accommodation or even say the word deflation. At China's National People's Congress, Beijing unveiled its official 2014 targets, most notably maintaining the 7.5% GDP objective for the third year in a row and set the inflation target at 3.5%. Meanwhile, China's Feb manufacturing PMI fell to an eight-month low of 50.2, just a hair away from contraction. For the week, the DJIA rose 0.8%, the S&P500 gained 1.0% and the Nasdaq added 0.7%.

- On Monday, Russia's MICEX index fell 11%, the DAX was down as much as 3% and the CAC fell as much as 2.5% as Europe responded to Russian escalation over the weekend. The ruble was in free fall, prompting the Russian central bank to raise its key lending rate to 7% from 5.5%. At its worst, USD/RUB rose as high as 36.6, the ruble's weakest level since the 1998 currency crisis. An air of unreality surrounded Russian statements about the situation, as Putin denied that Russian troops were even participating in the occupation of Crimea (he said the troops were just extraordinarily well-armed local Russians). The Crimean parliament asked Putin to start the procedure of formally allowing Crimea to join the Russian Federation and scheduled a referendum for March 16th. Ukraine called the moves illegal and promised to hold on to the peninsula. Europe responded by threatening to consider sanctions, while the US is actively establishing a limited sanctions regime and sending token military assets to the region.

- The February jobs report took markets by surprise on Friday. After the ADP miss (at +139K jobs v +155Ke) and various weak employment components from February regional Fed reports, many participants were assuming the Labor Department report would be terrible. On Thursday, Fed Governor Lockhart said he did not expect to see an outstanding jobs report. But in the event, the Feb NFPs roundly beat expectations (+175K v +149Ke) and the unemployment rate ticked up one-tenth to 6.7%. The biggest surprise in the data was a 0.4% increase in average hourly earnings, the largest increase since last June, while average hours worked fell, likely due to distortions caused by weather.

- The February ISM manufacturing data was slightly better than expected, rising to 53.2 from January's nine-month low of 51.3. The key new orders component saw solid gains, rising to 54.5 from 51.2 prior. Note that the weakness in December and January was chiefly seen in the new orders component.

- February auto sales numbers are the latest economic data to be impacted by winter weather. Ford and GM both saw sales decline on a y/y basis, although total unit sales were more or less in line with expectations. Sales executives from both firms cited the weather as restraining sales. Chrysler's sales grew 11%, and executives said the weather only helped sales of their Jeep line, which were up 47% y/y. Nissan's sales grew 16% y/y, although this was a bit shy of expectations.

- In earnings news, shares of Radio Shack are down 20% this week after the troubled retailer reported brutally bad fourth quarter results, with losses three times the year ago figure and retail comps down 12%. Homebuilder Hovnanian dragged down the entire sector after it missed revenue expectations and racked up an unexpectedly large quarterly loss. The firm's contract cancellation rate crept up and its net contracts signed metric fell y/y. HOV is down 17% while fellow luxury home builder KBH is down nearly 10% this week. Costco missed top- and bottom-line expectations in its second-quarter report. The price club's same store sales held up well, up 2% overall while US comps were up 4%. Earnings fell y/y, dragged down by weak margins in the holiday season and tough FX conditions.

- Safeway announced a formal merger deal with Cerberus's Albertsons after a long courtship. The $40/share price values Safeway at more than $9 billion. Note that there have been reports that Kroger is still mulling a higher offer. A Deutsche Bank analyst wrote that Kroger should bid and that Safeway could fetch a price above $40.

- The ECB resisted calls to fight disinflation with more easing at its policy meeting on Thursday. EUR/USD was steady after the ECB left rates on hold and refrained from launching any new programs, and then moved sharply higher, testing 1.3850, once it was clear that ECB President Draghi would merely reiterates familiar positions at the post-rate decision press conference. Draghi said that recent improvements in the eurozone obviate the need to halt SMP sterilization. On Friday morning, EUR/USD moved even higher, probing briefly above 1.3920 to its highest level since late 2011. The euro weakened after the US jobs report.

- China has now witnessed its first corporate default in history. Shanghai Chaori Solar Energy is looking to sell overseas assets to make up a missed bond payment and neither banks nor government entities are stepping in to help. Chaori's default took place during the annual People's Congress session, reinforcing the signal that Beijing is letting market forces play a stronger role in the economy. However analysts point out this is only the beginning given that the number of Chinese companies with debt levels double equity has surged since the financial crisis began.