Wednesday, March 26, 2014

March 26 2014

Some days are smooth and easy - this one was not one of those. Jerky patternless morning brought a few stops which we had to rectify for the whole afternoon. We succeeded in covering large part of the losses but still ended negative. Oh well.


Session Time: Wed Mar 26 00:00:00 2014
[09:00] {_billy_d} morning
01[09:02] {@Threei}  morning billy
[09:04] {_billy_d} Vad, you still trade small cap momos?
01[09:07] {@Threei}  only if they are liquid and present readable setups
01[09:07] {@Threei}  for the most part they aren't
[09:08] {_billy_d} yes, the spreads can get wide in a milisecond
01[09:08] {@Threei}  wide spreads is dino and ron's specialty
[09:11] {dino} gm
01[09:11] {@Threei}  dino :)
[09:12] {goinshort} morning V - morning ll
01[09:12] {@Threei}  gs :)
[09:12] {goinshort} morning all
01[09:12] {@Threei}  ll was enougn too, since not all are here yet
[09:13] {goinshort} lol - thumbs not awake yet
01[09:15] {@Threei}  {munky} thumbs? what's that?
[09:17] {goinshort} got a chance to view your photos yesteday- awesome!
01[09:18] {@Threei}  thank you :)
[09:19] {RonS} hi y'all
01[09:19] {@Threei}  ron :)
[09:19] {fish_49} What is FB's need for Virtual Reality?
[09:20] {RonS} ...the world is too painful?
[09:20] {mojo1} gm
01[09:20] {@Threei}  zuckerberg spoke extensively about that yesterday... too extensivwly for me to read beyond first line
01[09:20] {@Threei}  mojo :)
01[09:21] {@Threei}  if market were open, .70 break short would be a call to make
[09:23] {dptl} good morning
01[09:23] {@Threei}  dp :)
[09:23] {nemo} dp makes me want to drink
01[09:23] {@Threei}  was it nice or what, FB
[09:24] {dino} e too
[09:24] {dptl} me too Nemo ...lol
[09:24] {fish_49} $1.6 Billion in stock and $400 Mil in cash
[09:24] {fish_49} hmmmm
[09:25] {fish_49} Perhaps FB will now have revenue other than advertisement
[09:25] {RonS} lol...A biotech stock named Oculus was up nearly 10% this morning. Try to guess why
[09:25] {fish_49} Gonna be jerky ride  perhaps  on FB  today
[09:25] {fish_49} because people confused?
[09:26] {ese} morning
01[09:26] {@Threei}  ese :)
01[09:26] {@Threei}  lol ron... I remember one such case years ago
01[09:27] {@Threei}  public company went up on buyout news related to private one with similar name
01[09:28] {@Threei}  Combat dolphins in Crimea will be transferred to the Russian navy
01[09:30] {@Threei} Short Setup: FB  .5 break hl
01[09:31] {@Threei}  If holds  .60 
01[09:31] {@Threei}  lol
01[09:31] {@Threei}  1:1  
[09:31] {fish_49} no fill
01[09:31] {@Threei}  that's why "lol" first
[09:33] {munky} morn
01[09:33] {@Threei}  munky
01[09:34] {@Threei} Long Setup:  C  .40reak
01[09:34] {@Threei}  If holds  .30 
[09:34] {dino} those dolphines have lasers on their heads, they were bought from dr evil
[09:34] {thomcbell} spwr vulnerable 
[09:35] {thomcbell} 32 short break if holding 32.10
01[09:36] {@Threei}  stop to .34
[09:37] {thomcbell} no go spwr
[09:39] {thomcbell} still valid spwr
01[09:39] {@Threei} Long Setup:  FB  .35break hl
01[09:39] {@Threei}  Invalidated  
01[09:40] {@Threei}  meh C
[09:42] {munky} wmt going again
01[09:42] {@Threei} Long Setup:  EBAY  .42 break
01[09:42] {@Threei}  If holds  .32 
[09:44] {thomcbell} spwr now looking strong 
01[09:46] {@Threei} Long Setup:  GM  .55 break
01[09:47] {@Threei}  If holds  .45 
[09:49] {dino} ccl hl l .94
01[09:51] {@Threei} Long Setup:  WMT  .30 break
01[09:52] {@Threei}  If holds  .20 
01[09:53] {@Threei}  two-sided
[09:53] {dino} byi sm l .41
[09:54] {thomcbell} looking for a long setup in ubnt somewhere in here 
01[09:54] {@Threei}  sheesh... something should gfinally make up its mind
[09:55] {thomcbell} got close to 50sma
01[09:56] {@Threei}  no go GM
01[10:00] {@Threei} Short Setup: FB  .10 break hl
01[10:00] {@Threei}  If holds  .20 
[10:05] {dino} byi stop .10-.31
[10:05] {fish_49} meh
01[10:05] {@Threei}  sigh
[10:06] {_billy_d} 2md time slippage for me on FB
01[10:06] {@Threei}  fast one today, that's why hl
[10:06] {dino} ccl stop .98, +.04
01[10:11] {@Threei}  patternless morning
01[10:11] {@Threei}  hate those
[10:11] {fish_49} me too
[10:11] {fish_49} lol
01[10:12] {@Threei} Long Setup:  WMT  .30 break
01[10:13] {@Threei}  1:1  
01[10:13] {@Threei}  if you got it
[10:13] {nemo} gawd...if wmt is trading like this...
01[10:14] {@Threei}  FB son of a motherless goat
[10:14] {dino} rent smr s .77 hooker
[10:15] {munky} this is a tough morn
[10:15] {fish_49} missed wmt
[10:16] {dino} so far i agree munky
[10:18] {fish_49} Short POT?
[10:19] {nemo} mos very strong
[10:24] {fish_49} POT 1:1  half out
[10:24] {dino} furx vsm s .84 hooker
[10:29] {RonS} kerx pop, no news...
[10:29] {nemo} august should be interesting
[10:30] {RonS} ah yes, Janet strutting the Tetons...
01[10:31] {@Threei} Short Setup: P  .80 break
01[10:31] {@Threei}  If holds  .90 
[10:32] {dino} just wish she'd stop yellen
[10:32] {nemo} ese!
06[10:33] * nemo grabs his blanky and his binky
[10:33] {_billy_d} lol
[10:33] {RonS} kerx not stopping
[10:33] {nemo} binky=rum
[10:34] {dino} kerx crazy, non avail
[10:35] {RonS} kerx 18 mil sh short and scorched
06[10:36] * fish_49 gives Nemo a Bah Bah
[10:37] {ese} hey nemo
[10:37] {munky} das avail
[10:38] {RonS} wtf?  COVERAGE REITERATED: Bally Technologies (BYI) reiterated by Telsey Advisory Group. Reiterated rating Not Rated. 
[10:39] {dino} you pay for that value added advice
[10:39] {dino} byi gap around 61.10
[10:40] {nemo} we needed a rim shot for dino's comment
[10:41] {ese} BA DAP BAP!
[10:41] {RonS} lol
[10:41] {dino} lol
[10:46] {dino} ugh byi was at .31, just missed
[10:48] {dino} cov furx 95.74, +1.10
[10:49] {dino} byi sm l .70
[10:50] {thomcbell} really a dearth of setups today
[10:52] {fish_49} GLD Bounce?
[10:53] {RonS} dearth radar?
[10:54] {munky} what the hells wrong with ebay
[10:54] {munky} peace of crap
[10:54] {munky} s1 ,69
[10:55] {fish_49} it's in bouynce territory now  Munky
[10:55] {munky} thats why i piut up the s1 fish
[10:59] {fish_49} As long as the Spy stays below the 200 EMA  I would not expect a big bounce 
[10:59] {dino} ebay ican monkey on its back i think
01[11:00] {@Threei} Long Setup:  FB  .50 break hl
01[11:00] {@Threei}  If holds  .40 
[11:00] {RonS} ubnt sm l .03
[11:02] {thomcbell} ubnt this is all ibd'ers exiting 
01[11:02] {@Threei}  1:1  
01[11:02] {@Threei}  1:2  
[11:02] {_billy_d} finally
01[11:03] {@Threei}  no kidding
[11:03] {_billy_d} was about to close my FB acct :)
01[11:03] {@Threei}  lol
[11:04] {RonS} rgr sm l .10 ave
[11:06] {dino} bofi blood
[11:13] {dino} bofi gap around 76.40 down from 106
01[11:15] {@Threei}  local army detachment practicing some water-related things... image without which I could do in my newsfeed: https://scontent-b-sea.xx.fbcdn.net/hphotos-frc1/t1.0-9/1964932_759238204095854_1467749622_n.jpg
01[11:16] {@Threei} Long Setup:  SLW  .85 break
01[11:16] {@Threei}  If holds  .80 
[11:20] {RonS} bofi vsm l 79.10
[11:20] {dino} cbpx drop
01[11:24] {@Threei}  1:1  
[11:26] {_billy_d} having to fight for every win today
01[11:27] {@Threei}  which would be fine if they were not few and far between, lol
01[11:27] {@Threei}  but hey, 2 in a row
[11:27] {_billy_d} lol
01[11:27] {@Threei}  maybe we gare getting a hand on this day
01[11:30] {@Threei}  Candy Crash IPO... KING
[11:30] {fish_49} was watchjing this morning
[11:30] {fish_49} King looks like Queen
01[11:31] {@Threei}  I don't trade them as a rule, but .50 break looks tradeable, half lot
[11:32] {RonS} http://www.youtube.com/watch?v=G6Vw9RGm1tM
01[11:34] {@Threei}  KING saw that Ron
01[11:34] {@Threei}  and fainted
[11:41] {thomcbell} wow fb 
[11:42] {fish_49} Dino DCC
[11:42] {thomcbell} look at volume on that break
[11:47] {fish_49} POT 1:@  1/4 more out
[11:48] {fish_49} 1:2 *
01[11:48] {@Threei}  wtg
[11:50] {dino} gj
[11:51] {munky} ny read vad on my beloved wmt?
[11:51] {munky} up or down?
[11:52] {fish_49} GAP Fill and resting on 50 EMA  I say Up
01[11:52] {@Threei}  rather up
01[11:53] {@Threei}  but read is shaky
01[11:53] {@Threei} Short Setup: SLW  .80 break
01[11:53] {@Threei}  If holds  .87 
[11:54] {nemo} #1 weak stock on algo
[11:54] {nemo} this is however S3 on the daily
01[11:54] {@Threei}  which one?
[11:54] {nemo} slw
[12:04] {nemo} jpm #2 weak, almost dbi setup
[12:07] {fish_49} I like the set up Nemo  Break of .40  with a .48 stop
01[12:08] {@Threei}  WMT doesn't look too happy either
[12:08] {nemo} just think about this though, we are now in lunch time, look at what just happened in the indexes
[12:08] {nemo} jerk-around time
01[12:08] {@Threei}  well, as far as today goes, jerk-around time started at 9:30 and never stopped, lol
[12:09] {nemo} well, they added 60# sandpaper and took away the lube
[12:09] {munky} agree except for the "lol" part, not funny
[12:09] {nemo} eh...it could be worse....Les could be here
[12:09] {dino} lol
01[12:10] {@Threei}  well, you will have to forgive me for not crying on a losing day
[12:10] {fish_49} Vad you never have to worry about me leaving the room.  I don't want Nemo to say that about me
01[12:10] {@Threei}  as a tarder, you acceot them as part of the deal
[12:11] {nemo} I'm not sure there's anything worse I could say than calling you a Federal retiree
01[12:11] {@Threei}  and if you think differently, go out and find any single trader in all history of the markets who had no losing trades, days or weeks
[12:11] {nemo} I see them on twitter all the time
01[12:12] {@Threei}  oh, that's why I stopped looking at stocktwits
01[12:12] {@Threei}  now I remember
[12:12] {nemo} great indicator though
[12:12] {fish_49} lol
[12:13] {munky} the motley fools never ever lose lol
01[12:14] {@Threei}  fools generally don't... motley or otherwise
[12:14] {munky} now u sound like dino
[12:14] {fish_49} stick to trading Vad.  Poetry not your thing
01[12:14] {@Threei}  no??
01[12:15] {@Threei}  :( :( :(
[12:16] {fish_49} SLW Meh
[12:17] {dino} smack talking dino, sheesh
06[12:17] * dino slaps munky around a bit with a large trout
01[12:17] {@Threei}  JPM is trying to play
[12:19] {dino} wow, took all day, but cov rent .07, +.70
[12:20] {dino} out byi .37, +.67
[12:20] {munky} hmm, what should i have for lunch?
[12:20] {munky} something different
[12:20] {fish_49} nice Dino
[12:20] {dino} ty
[12:20] {munky} like banana on toast
[12:20] {fish_49} no fish
[12:20] {dino} salad here
[12:21] {nemo} rum
[12:21] {munky} fruit salad with bananas?
[12:22] {munky} vad any read on gm here?
[12:22] {fish_49} jpm meh
[12:22] {dino} damn byi tricked me, thought it was dropping
01[12:23] {@Threei}  not really. GM is frozen
[12:25] {fish_49} Out my last 1/4 Oz of Pot  +.24
[12:25] {dino} gj
[12:25] {fish_49} ty
[12:26] {dino} ron, i know you're watching data, what yo thinking?
[12:27] {dino} trade w/market imo, once market turns hit it
[12:27] {fish_49} Higher Low
[12:27] {munky} vad, any read ebay?
[12:27] {dino} yes fish, what i see
[12:28] {RonS} not watching data see it's spiking now sort of...
01[12:29] {@Threei}  EBAY, formally 56 break is long setup
01[12:29] {@Threei}  its success at this time of the day, well...
[12:29] {munky} and vwap at 56.10 so only a dimer
[12:30] {thomcbell} msft starting to interest me long after some sideways - 39.88 long break 
01[12:30] {@Threei}  my preference would be copnsolidation under .90, then .80 break for short
01[12:31] {@Threei}  but SPY is difficult to get a read on here
[12:35] {munky} wmt trying
[12:35] {dino} rcap spike
[12:45] {dino} taking a break
[12:47] {nemo} taking a drink
[12:47] {fish_49} Coolaide?
01[12:48] {@Threei}  taking hemlock
[12:48] {nemo} shooting fish in a barrel ;-)
[12:50] {fish_49} Nice call on DATA  Dino  did you take it?
[12:52] {fish_49} MUNKY  did you get some Ebay?
[12:52] {fish_49} looks like it might po
[12:52] {fish_49} pop
[12:54] {thomcbell} lvs putting up a good fight today 
[13:02] {munky} yes, took .90 ouit .o2
[13:02] {thomcbell} msft 1:1
[13:20] {thomcbell} booking the rest of msft for small profit 
[13:20] {fish_49} Great job Thom
[13:23] {thomcbell} wow ubnt unreal 
01[13:29] {@Threei}  no news for all this selling
01[13:30] {@Threei}  unless I missed something
[13:35] {cosmo} mkt took hemlock it seems
[13:36] {nemo} spy and finnies couldn't get above vwap, no institutional interest
[13:37] {nemo} iwm couldn't even get back to vwap since 10:15...no risk appetite
[13:37] {nemo} no buying....better sell
[13:38] {RonS} Dish's Ergen Approaches DirecTV CEO About Merger -Bloomberg TV  
[13:38] {fish_49} Sell the Hopper?
[13:38] {fish_49} lol
01[13:40] {@Threei} Short Setup: P  .15 break
01[13:40] {@Threei}  If holds  .25 
[13:44] {munky} fb panic
01[13:45] {@Threei}  P is welcome to follow
01[13:45] {@Threei}  1:1  
01[13:46] {@Threei}  hey, I got another one!
06[13:46] * @Threei pats himself on the back
[13:46] {fish_49} lol
01[13:48] {@Threei}  1:2  
06[13:49] * @Threei pats himself on the back with both hands
[13:49] {fish_49} hate to see whats next pat with
06[13:49] * @Threei dislocates both shoulders and crawls back under the chair
01[13:50] {@Threei}  out in full
01[13:50] {@Threei}  1:3 is close enough
01[13:50] {@Threei}  here
01[13:50] {@Threei}  whew... finally decent one
01[13:51] {@Threei}  still negative but most of the sting is taken off
[13:51] {fish_49} out on trail  thanks
01[13:51] {@Threei}  yw
[13:53] {fish_49} feels like we can go lower
01[13:53] {@Threei}  Reuters: Ukraine to hike domestic gas prices by 50 pct to meet IMF demands
01[13:54] {@Threei}  heh... IMF imbeciles
[13:56] {munky} pretty good pllbk vxx
[13:56] {RonS} when the Russians roll the tanks they won't be able to fill up  :)
[13:58] {dino} miss much?
[13:59] {RonS} just a market puke...
[13:59] {fish_49} and quick bounce
01[13:59] {@Threei}  Obama advises Europe to think over diversification of energy supplies
[13:59] {RonS} idiot
[13:59] {fish_49} who is he to say that?  WTF
01[14:00] {@Threei}  Europe: Oops... how come we didn;'t think about that... Thank you, thank you
[14:00] {fish_49} Do as I say not as I do
01[14:00] {@Threei}  Reuters: Obama tells EU to do more to cut reliance on Russian gas
01[14:00] {@Threei}  EU: yess sir!!
01[14:03] {@Threei} Long Setup:  VXX  .10 break hl
01[14:03] {@Threei}  If holds  44 
01[14:06] {@Threei}  half out
01[14:06] {@Threei}  stop to .04
01[14:07] {@Threei}  closed
01[14:09] {@Threei} Long Setup:  FB  .20 break hl
01[14:09] {@Threei}  If holds  .10 
01[14:10] {@Threei}  1:1  
[14:10] {dino} data smr l .02
[14:11] {fish_49} out on trail  thanks
01[14:11] {@Threei}  slowly digging out
[14:14] {dino} stop .63
[14:14] {dino} -.39
01[14:19] {@Threei} Long Setup:  VXX  .30 break
01[14:19] {@Threei}  If holds  .20 
01[14:21] {@Threei} Long Setup:  FB  .90 break
01[14:21] {@Threei}  If holds  .80 
01[14:23] {@Threei}  no go
[14:28] {dino} data smr l .00
[14:28] {nemo} FB SoMG
[14:29] {fish_49} IMHO it has room to fall
[14:29] {nemo} you mean IYIO
[14:30] {fish_49} I stands for?
[14:31] {nemo} it probably has a gap date
[14:33] {nemo} fb coming into re-short or break out area
[14:34] {dino} lol, aren't they all
[14:34] {nemo} no, this is S3 and price resistance...it then has .25 congestion area above
[14:41] {munky} nemo, any thoughts on vxx target at close?
[14:41] {nemo} hard to say here, this volatility in the last hour is right around the 50 day average
[14:42] {nemo} IWM's 50 day is 115.31
[14:42] {nemo} not sure they'll move it much more today
01[14:42] {@Threei}  feels to me like bottom is in
[14:43] {nemo} Yeah, unlikely they crush it more
01[14:43] {@Threei} Long Setup:  WMT  .65 break
01[14:43] {@Threei}  If holds  .55 
[14:43] {dino} half out data .42, +.40
[14:43] {dino} out remaining
[14:44] {nemo} 183.49 is 50 day on SPY
[14:44] {nemo} might be a long play on vxx around 43.75
[14:44] {nemo} price support and vwap confluence
[14:49] {dino} wbai drop
[14:51] {dino} gap 35 area
[14:51] {dino} 37 area too
[14:54] {nemo} might be vwap runs here
[14:54] {fish_49} spy in breakout territory  come on run WMT Run
01[14:54] {@Threei}  seriously, is it blind or what
06[14:58] * fish_49 whispers to WMT the rest of the markets caught a Bid
01[14:59] {@Threei}  is it on a blue light special program today?
01[14:59] {@Threei}  our shares on sale in isle 9
[14:59] {fish_49} thats K-Mart Vad  your telling us your age
[14:59] {nemo} isle=aisle
[15:00] {fish_49} WMT rolling back Prices
01[15:00] {@Threei}  what's my age... I have walked the earth with dinosaurs
01[15:00] {@Threei}  well, with dino anyway
[15:00] {nemo} never heard u refer to your wife like that before
[15:00] {fish_49} I'm guessing 59  but don't worry you don't look a day over 79
01[15:01] {@Threei}  wrong guess
[15:01] {nemo} he's younger than me
[15:01] {fish_49} I was being nice  63 at least
[15:01] {fish_49} WMT sucks
[15:01] {nemo} stop digging fish
[15:05] {fish_49} KING Flop
[15:10] {fish_49} Trying WMT short at .49
[15:10] {nemo} shorting in the hole
[15:14] {nemo} fish definitely partial when u can
[15:15] {fish_49} thanks I took .05 
[15:16] {nemo} IMO, your trade depended on the indexes going lower, which is less likely given the days action
[15:17] {fish_49} I think we go lower
[15:17] {nemo} thus "partial"
[15:18] {fish_49} I scalped it  made money
[15:18] {nemo} ok
[15:22] {dino} gj
01[15:23] {@Threei} Short Setup: FB  .90 breK
01[15:23] {@Threei}  If holds  .90 
[15:23] {nemo} you mean .80?
01[15:23] {@Threei}  yes
01[15:24] {@Threei} Short Setup: FB  .80 break
[15:24] {fish_49} thought I missed it again
[15:24] {fish_49} lol
01[15:26] {@Threei}  1:1  
[15:28] {fish_49} out on trail ty
01[15:29] {@Threei}  yw
01[15:30] {@Threei}  wow
01[15:31] {@Threei}  (IT) Italy govt wins Senate confidence vote on bill to eliminate some provinces
01[15:31] {@Threei}  really?
01[15:31] {@Threei}  that's one way to deal with overspending...
[15:31] {fish_49} Business can close stores  Gov  can close Provinces?
01[15:31] {@Threei}  I suggest to try that with some of the states
01[15:32] {@Threei}  evacuate nemo and eliminate Massachusets
[15:32] {fish_49} what state would take him?
01[15:32] {@Threei}  who knows what they mean when they say eliminate, fish
01[15:32] {@Threei}  might involve thick layer of concrete
[15:33] {fish_49} in Italy I'm sure it involves burying in Concrete
01[15:33] {@Threei}  that would have a been shovel-ready project
[15:35] {cosmo} eliminate Alaska
[15:35] {fish_49} not until June
[15:36] {nemo} wow.. NLRB rules "scholarshipped players" in college are employees and can unionize....
[15:36] {fish_49} yep
01[15:39] {@Threei}  careful cosmo... Alaska is last frontier between us and Russia
[15:40] {nemo} we'll send Les, that will screw them up
[15:40] {cosmo} we still have canada
01[15:40] {@Threei}  you do... we don't
[15:40] {cosmo} sorry
[15:41] {nemo} sorry Munk man, vxx didn't quite make it to .75
01[15:41] {@Threei}  and if you disregard that, we... we... we will evacuate nemo to California
01[15:41] {@Threei}  that'll show you
[15:41] {nemo} fuck you...I'm not going
01[15:41] {@Threei}  who is asking youi
[15:41] {fish_49} He would fit right in with the other fruit loops
[15:41] {nemo} who's gonna' move me?
[15:42] {cosmo} Calif is waiting
01[15:42] {@Threei}  not sure, we will consult Stalin's book "how to relocate whole nations"
[15:42] {cosmo} through the golden gate
01[15:42] {@Threei}  Crimea tatars disagreed too
01[15:42] {@Threei}  much good it did for them
[15:43] {nemo} well, he does relocate the whole nation, half die on the trains 
01[15:43] {@Threei}  see?
01[15:43] {@Threei}  you have 50% chance of survival
01[15:43] {@Threei}  and it's better than staying in mssachusets while it's being eliminated
01[15:44] {@Threei}  billy... missed a few winners, including 1:3er
[15:44] {_billy_d} oh man, bummer
[15:45] {_billy_d} that's the problem with trading, it doesn't adhere to my schedule :)
01[15:46] {@Threei}  didn't fully rectify morning losses but filled up a hole noticeably
[15:47] {_billy_d} yeah, it would have helped
[15:47] {_billy_d} glad to hear for you guys
[15:48] {cosmo} Gold testing 1300 fwiw
[15:50] {dino} calling it a day, thx all, good one 
01[15:50] {@Threei}  wtg dino... we will catch up with you tomorrow
[15:51] {dino} no doubt
[15:51] {thomcbell} night
01[15:51] {@Threei}  cosmo... gold has no business staying over 1000, IMO
[15:51] {_billy_d} bye all
[15:52] {cosmo} oh
[15:54] {cosmo} so...there's  more gold than we think?
[15:54] {cosmo} like in the phillipines?
01[15:54] {@Threei}  not necessary... but it will vost less than many think
01[15:55] {@Threei}  cost
01[15:55] {@Threei}  thanks all, have a good evening
01[15:55] {@Threei}  see you tomorrow
[15:55] {cosmo} yea...this weakness would indicate that...

Tuesday, March 25, 2014

March 25 2014

Productive morning followed by incredibly  boring afternoon, almost 3 hours of no market movement. Good thing we got our winning trades early on.


Session Time: Tue Mar 25 00:00:00 2014
01[08:59] {@Threei}  *(US) JAN HOUSE PRICE INDEX M/M: 0.5% V 0.6%E
01[09:00] {@Threei}  (EU) ECB's Makuch: Seeing higher deflation risks in eurozone, ECB is preparing measures to fight deflation; would not oppose the use of QE if needed- Sees no reason not to support QE if circumstances show it's needed, warns there is no reason to "predict my future stance right now"
[09:04] {RonS} gm...my Dad bought his house in 1965 in San Jose CA for $26k...one sold behind him for $940k...asking price was $880...says real estate has gone nuts there
01[09:04] {@Threei}  morning ron
[09:05] {dino} gm
01[09:05] {@Threei}  dino :)
[09:05] {RonS} ...the killer is that with prop 9 he pays $800/yr in property taxes and those new purchasers will be paying $9400/yr
01[09:08] {@Threei}  that's almost another mortgage
[09:19] {RonS} ccl sunk
[09:19] {RonS} rcl taking on water
01[09:19] {@Threei}  and both carry norovirus?
[09:21] {fish_49} RCL Ship having issues Ron?
01[09:22] {@Threei}  CCL Reports Q1 $0.00 v -$0.08e, R$3.6B v $3.56Be
[09:22] {fish_49} ah Earnings  lol  I was searching Sinking ship RCL
[09:22] {fish_49} lol
01[09:23] {@Threei}  guidance mostly... earnins are OK
01[09:27] {@Threei}  (US) USDA forecasts 2014 food inflation around 2.5-3.5%
01[09:27] {@Threei}  munky might want to stock some bananas...
[09:27] {RonS} freakin exports...
01[09:28] {@Threei}  BP Malfunction at BP's Whiting Refinery sends oil into Lake Michigan
[09:28] {fish_49} ohhhhhhhhh
[09:28] {fish_49} that is a clean lake
[09:28] {RonS} through the ice?
[09:28] {fish_49} was
[09:28] {RonS} thing is 95% frozen over
01[09:28] {@Threei}  it's good for you fish
01[09:29] {@Threei} Short Setup: C  .20 break
01[09:29] {@Threei}  If holds  .30 
01[09:30] {@Threei}  Invalidated  
01[09:31] {@Threei} Long Setup:  TZA  .05 break
01[09:31] {@Threei}  If holds  15 
[09:31] {ese} morning.....too busy reading and looking at stuff...forgot to sign in
01[09:31] {@Threei}  ese
01[09:32] {@Threei}  change to 15 break
01[09:32] {@Threei}  If holds  .95 
01[09:37] {@Threei}  1:1  
01[09:39] {@Threei}  Washington Times: Alaska petition to secede to Russia going strong at 18,000 signers
[09:40] {fish_49} commies
[09:40] {RonS} what's wrong with Canada?
01[09:40] {@Threei}  Putin is more likely to come and protect them
[09:40] {nemo} quebec
[09:40] {ese} lol
[09:40] {cosmo} its not BRICS
01[09:40] {@Threei}  1/4 more out TZA
[09:40] {munky} hey, ty, out .11 and .15
01[09:40] {@Threei}  yw
[09:40] {ese} quebec is going to the US
01[09:40] {@Threei}  stop .09 for the balance
[09:41] {ese} we been tryyin to get rid of them for years
01[09:41] {@Threei}  you need that munky:
01[09:41] {@Threei}  [09:27] {@Threei} (US) USDA forecasts 2014 food inflation around 2.5-3.5%
01[09:41] {@Threei}  [09:27] {@Threei} munky might want to stock some bananas...
[09:41] {RonS} no need for Quebec here...already have French Lick Indiana
[09:42] {munky} i always keep quite a few around he he
[09:42] {nemo} home of Larry Bird
01[09:42] {@Threei}  Ron, you'll change yourmind once you try Montreal Smoked Meat
01[09:43] {@Threei}  Ukraine is not planning to restore its status as a nuclear nation, the Ukrainian Foreign Ministry said.
01[09:44] {@Threei}  World: oh good, we can go back to our usual programming
01[09:44] {@Threei}  GLD two-sided setup .40 - .50
[09:45] {fish_49} out on trail thanks
[09:45] {ese} ahhhhhhh......tasr up 5%........miriade of use for that instrument
01[09:46] {@Threei}  yw
[09:46] {ese} especially on this board
01[09:46] {@Threei}  have a party in mind, ese?
01[09:46] {@Threei}  with tasering of guests?
01[09:47] {@Threei}  I am in
[09:47] {fish_49} count me out as a guest  lol
[09:47] {fish_49} or do you mean you wanna be tasered Vad?
[09:47] {ese} hmmmmmmmmm......
[09:47] {nemo} as if you were counted in
[09:47] {fish_49} too early Nemo Toad  but it was good
01[09:48] {@Threei}  it's an island part, fish... we residents take position at the ferry terminal... guests come off the ferry...
01[09:48] {@Threei}  party
[09:49] {fish_49} ahhh which ferry  I will pay close attention to that in May
[09:51] {munky} cat big move up
01[09:52] {@Threei}  no go GLD
[09:52] {munky} news cat?
01[09:53] {@Threei}  (US) Equipment Leasing and Finance Association (ELFA) reports Feb borrowing to buy new equipment $5.4B, +15% y/y (related CAT JOY AER XLF )
[09:53] {munky} ty
[09:54] {munky} wmt dive
[09:55] {munky} fb trying  
[09:56] {munky} whats wrong with my beloved wmt, new low
01[09:56] {@Threei} Long Setup:  P  .80 break
01[09:56] {@Threei}  If holds  .70 
[09:57] {dino} save hl s .75
01[09:57] {@Threei}  1:1  
[09:57] {_billy_d} nice one
[09:57] {fish_49} missed it  tried .82 wouldn't give me any  lol
01[09:58] {@Threei}  *(US) MAR RICHMOND FED MANUFACTURING INDEX: -7 V +4E
01[09:59] {@Threei}  *(US) MAR CONSUMER CONFIDENCE INDEX: 82.3 V 78.5E
01[09:59] {@Threei}  *(US) FEB NEW HOME SALES: 440K V 445KE
01[10:00] {@Threei}  1:2  
01[10:03] {@Threei} Long Setup:  WMT  .50 break
01[10:03] {@Threei}  If holds  .40 
01[10:03] {@Threei}  Invalidated  
[10:05] {munky} should be a bounce candidate saomewhewre
[10:05] {fish_49} right here perhaps
01[10:07] {@Threei} Long Setup:  WMT  .30 break
01[10:07] {@Threei}  If holds  .20 
[10:08] {dino} sonc s .17
[10:08] {dino} save stop .01 -.26
01[10:10] {@Threei}  1:1  
[10:10] {fish_49} and out
[10:10] {fish_49} ty
[10:10] {fish_49} brb
[10:10] {ese} L gtat sm .22
[10:10] {munky} all out ,43 ty
[10:10] {munky} had 2k
[10:10] {munky} from .28
01[10:10] {@Threei}  yw
[10:11] {ese} sonc
[10:11] {munky} should do alot more upside wmt
[10:11] {ese} opps dinos already watching it
[10:12] {dino} room for you
[10:13] {ese} indeed
01[10:13] {@Threei}  careful making room for ese, dino... he comes with a taser
[10:13] {munky} 3 a crowd?
[10:13] {ese} lol
[10:13] {ese} ya eh
[10:14] {ese} i was think long .....waitin for it to settle
[10:14] {dino} bstop is .31
[10:15] {dino} neog spike
[10:16] {ese} hmmmm gtat....yer not gonna use .20 as support and bounce from there are ya......
[10:17] {ese} nope
[10:18] {ese} .10 instead.....bastard
[10:20] {ese} 18 Mar 05:33 [GTAT] Credit Suisse reiterates Outperform rating, price target raised to $26 from $24- At the technology day on Friday, GT Advanced Technologies discussed new products with $3-4B in tot... - Source TradeTheNews.com
[10:20] {ese} bastard
[10:22] {ese} I hate being down 50 bucks with a passion.....grrrrrrrrrrrrr!!!!!!!!1 wheres that taser
01[10:24] {@Threei} Long Setup:  FB  .80 break hl
01[10:24] {@Threei}  If holds  .70 
[10:24] {dino} sonc stop
01[10:25] {@Threei}  change to .60 break
[10:25] {munky} fb quite fast here
01[10:25] {@Threei}  If holds  .50 
01[10:26] {@Threei}  a lot of supply
01[10:28] {@Threei}  1:1  
01[10:28] {@Threei}  finally
[10:30] {_billy_d} out FB, thx Vad
01[10:30] {@Threei}  yw
[10:33] {munky} wmt gets intersting again, not in
[10:33] {munky} vad, news wmt?
01[10:33] {@Threei}  nope
[10:34] {munky} k
[10:35] {dino} ntri hl s .68
[10:36] {nemo} drip drip drip drip 
[10:37] {RonS} Activist investor Clinton Group says Nutrisystem $NTRI should consider LBO if it forgoes buyback
[10:40] {dino} cov ntri .44, +.24
01[10:43] {@Threei} Long Setup:  VXX  44 break
01[10:43] {@Threei}  If holds  .90 
[10:49] {dino} sonc s .19
01[10:50] {@Threei}  1:1  
[10:50] {_billy_d} nice calls in a stingy environment
01[10:51] {@Threei}  :)
[10:51] {thomcbell} ubnt 50.30 short break if holding 50.40
[10:52] {thomcbell} must be short restricted - darn 
[10:52] {thomcbell} 1:2
[10:53] {thomcbell} 1:3
[10:53] {thomcbell} no one got it obviously 
[10:53] {thomcbell} come on
[10:53] {dino} sonc to .02
01[10:53] {@Threei}  good call
[10:53] {dino} cov sonc .01, +.18
01[10:54] {@Threei}  1:2  
[10:54] {fish_49} 1@
[10:54] {fish_49} ooops
01[10:55] {@Threei}  I know fish... tough to type with fins
[10:55] {fish_49} love u too Vad
01[10:55] {@Threei}  try typing with your knees as I do
01[10:55] {@Threei}  VXX target 1:4
[10:56] {fish_49} out in full here thanks
01[10:56] {@Threei}  yw
[10:56] {dino} or your paws as i do
01[10:58] {@Threei}  then there are elbows
01[10:59] {@Threei}  1:3  
[10:59] {fish_49} [10:56] {fish_49} love u too Vad
[11:00] {fish_49} I need to clarify
[11:00] {fish_49} add words "But not as much as I love Nemo"
01[11:00] {@Threei}  please don't
01[11:00] {@Threei}  ah, ok
01[11:00] {@Threei}  scared me there for a sec
[11:00] {fish_49} lol
01[11:00] {@Threei}  I even thought of calling ese with his taser for help
01[11:01] {@Threei}  out on a trail
01[11:01] {@Threei}  now it's nemo's problem, let him worry
[11:02] {fish_49} lol
[11:08] {dino} ccl drop
01[11:17] {@Threei} Long Setup:  IWM  .25 break hl
01[11:17] {@Threei}  If holds  .15 
[11:17] {thomcbell} yhoo 36.10 long break aggressive 
[11:18] {thomcbell} if holding 36.05
[11:23] {thomcbell} no go yhoo
01[11:24] {@Threei}  meh
01[11:25] {@Threei}  bounces are unconvincing
[11:46] {_billy_d} .
[11:47] {RonS} pretty funny nemo...
[11:48] {nemo} what
[11:48] {RonS} the pic
[11:48] {fish_49} nemo funny?  huh?
[11:48] {nemo} ahhh yeah
[11:48] {fish_49} I agree he smells funny but thats as far as it goes
[11:48] {nemo} my humor is a bit above your IQ fish
[11:49] {fish_49} ohhhhhhh  another good one
[11:49] {nemo} I was going to say it needs to be above that of a bunny
[11:51] {nemo} what? ur acting career tank there billy_d
[11:51] {_billy_d} lol
[11:52] {RonS} taking a break from dancing...if that's what you call it
[11:52] {RonS} chewbaca could dance better than billy d...
[11:53] {nemo} kinda' funny, he didn't look Armenian in the movie
[11:56] {RonS} gotta nephew-in-law who describes himself as half white/half Armenian...hilarious since Armenia is in the Caucasus
[11:57] {nemo} does his daughter have a moustache?
[11:58] {RonS} rotflol...not yet, just turned 1
[11:58] {nemo} I'm such a dick
[11:58] {fish_49} you are
[11:59] {fish_49} but your good with guns  right?  can I show the room the pic I took of yu with your holster?
[11:59] {nemo} you have no such pic...since I use a concealed holster
[11:59] {fish_49} yea it's concealed
[12:00] {fish_49} Nemo and his high tech holster
[12:00] {fish_49} http://s1332.photobucket.com/user/bkhmd/media/1947657_10201988547252229_2012200314_n_zpscd9d86cd.jpg.html
[12:00] {nemo} wow
01[12:00] {@Threei}  lol
[12:00] {nemo} that's unique
01[12:01] {@Threei}  OK, since everyone has a lot of free time, have a look at my new website
[12:01] {nemo} need to lose some weight there fishy face
01[12:01] {@Threei}  http://www.arrestinglight.com/
[12:01] {RonS} Mannix was Armenian...forget the dudes name...can tell an Armenian cause all names end in "ian"...Iranians "yan"  eg christianian...
[12:01] {nemo} Michael something
[12:01] {nemo} connors
[12:02] {fish_49} very good Vad
[12:03] {_billy_d} nice vad, I guess the third eye was always the camera
[12:03] {nemo} of course there was Marion Morrison
01[12:03] {@Threei}  lol
[12:03] {RonS} beautiful 3i...could slow the scroll a bit... nice to see larger shots like that...
01[12:04] {@Threei}  just go to the galleries
01[12:04] {@Threei}  there are a lot of images to view without hurry
01[12:04] {@Threei}  all are available in prints, canvas, metal prints
[12:05] {fish_49} which Chinatown is that?
01[12:05] {@Threei}  Victoria
[12:07] {nemo} this probably the bottom
[12:09] {dino} data smr l .82 wide
[12:12] {thomcbell} what is rationale on that dino?
[12:12] {thomcbell} im watching it closely too
[12:13] {dino} higher low higher high
01[12:14] {@Threei} Long Setup:  EBAY  .10 break
01[12:14] {@Threei}  If holds  56 
[12:18] {dino} bmrn drop
[12:19] {nemo} about to hit the 200 day
01[12:21] {@Threei}  no go
[12:21] {nathan} stop
[12:21] {dino} bmrn smr l .66 ave
[12:22] {dino} out bmrn .66, +1.00
01[12:23] {@Threei}  wtg
[12:23] {fish_49} wow
[12:23] {dino} ty
[12:23] {fish_49} so fast
[12:23] {fish_49} easy money is ur new name
[12:23] {dino} not easy fish
[12:24] {fish_49} someone told me trading is the hardest easy money you will ever see
[12:24] {dino} bmrn was pretty much luck
[12:24] {dino} but as jl said, when you get lucky you take it
01[12:25] {@Threei}  old saw: market is the easiest place to make money and the hardest place to keep it
[12:25] {thomcbell} AKAM looking for a 57 long break if holding 56.90 for a scalp
[12:26] {nemo} you mean 58?
[12:27] {thomcbell} that was an hour ago
[12:27] {thomcbell} cancelled anyhow
[12:27] {nemo} oops, yeah was looking at the drop sorry
[12:27] {fish_49} pay attention toad
[12:28] {thomcbell} still looks valid but leaving it alone 
[12:29] {RonS} dude on net calls himself billy d scrillions
[12:31] {RonS} brownout?
[12:31] {dino} out data .42, +.60
[12:32] {thomcbell} duh akam
[12:34] {thomcbell} ah
[12:34] {fish_49} 1:3  nice call Thom
[12:34] {RonS} took data 74.43 out 75.65 +1.22 thanks dino
[12:35] {dino} gj tbell, see my data?
[12:35] {dino} lci smr l .23
[12:37] {dino} wtg ron
[12:37] {dino} you always get more out of my calls than i do...i need to work on that
[12:38] {thomcbell} yes i did dino - great job 
[12:39] {dino} ty
[12:40] {dino} rex spike
[12:40] {dino} and drop
[12:40] {dino} rex again
[12:41] {RonS} rex earn pm wed
[12:41] {RonS} bmo instead of pm...
[12:50] {nemo} shit trading system not working
[12:50] {fish_49} did it ever?
[12:53] {dino} platform or propriatary ?
[12:54] {nemo} platform DAS
[12:54] {nemo} can't sync data from order server
[12:56] {nathan} me too
[12:56] {fish_49} Toad,  what build are you using? I think the latest is Ver 3.2.0.3 Build Dec 10, 2013
[12:56] {fish_49} click on Help then about
[12:58] {fish_49} ahhh I just got error message too  Missing Heart Beat
[12:58] {fish_49} i'll come back later  take care
[12:58] {nemo} you should be getting the "missing brain" too
[12:58] {fish_49} no  I forwarded that one to you Toad
[12:59] {dino} out lci .56, +.33
[13:01] {RonS} rax mastectomy
[13:01] {dino} rude
[13:02] {RonS} earned the right...wife had double...
[13:03] {dino} rax wants open gap
[13:03] {dino} sorry
[13:04] {dino} damn, rax should've app that close area
[13:05] {RonS} nothing to be sorry about...shit happens...
[13:08] {nemo} ccl might be a short here below .95
[13:08] {nemo} stop above 38
[13:12] {dino} damn rax, was waiting at 32.80, hits 33
[13:13] {thomcbell} if Q wasnt right above 50 (big round  number i would say 50.07 short break
[13:13] {thomcbell} this thing looks vulnerable
01[13:16] {@Threei} Long Setup:  YHOO  .15 break
[13:16] {thomcbell} q
[13:16] {thomcbell} 50 break if holding 50.10
01[13:18] {@Threei}  change to .10 break
01[13:18] {@Threei}  If holds  .05 
[13:20] {thomcbell} no go 
[13:25] {dino} hmin l .11
01[13:28] {@Threei}  1:1  
[13:28] {dino} cwei thin hooker
[13:29] {dino} mkts hod
01[13:33] {@Threei}  (UR) House committee passes Ukraine aid bill without IMF reforms requested by Obama Administration
[13:34] {dino} out hmin .30, +.19
01[13:34] {@Threei}  lol... IMF us as always, too stupid to realitites on the ground
01[13:34] {@Threei}  one of their key demands is to cease natural gas subsidies
01[13:35] {@Threei}  in real life it means that the cost of heating and cooking will exceed average salary by factor 2
[13:40] {nemo} indexes looking short
[13:40] {nemo} finally got system back
[13:40] {nemo} nice to log in and see a bunch of orders sitting there
[13:50] {nemo} lvs ccl setting up short
[14:18] {thomcbell} nice find nemo
[14:19] {nemo} thought the indexes were gonna make a liar out of me
[14:23] {dino} still might
[14:24] {nemo} they were shortable there for a bit
[14:24] {nemo} I didn't say "top"
[14:27] {nemo} maybe I should have
[14:31] {nathan} hi everybody
[14:32] {nemo} Que tal?
[14:32] {nathan} improving your spanish?
[14:32] {nathan} muy bien y tu?
[14:33] {nemo} I have an Italian response
[14:33] {nemo} com si, com sa
[14:34] {nathan} good one
[14:34] {nemo} de nada
[14:35] {nathan} yw
[14:35] {nemo} funny, the verb to speak in Italian, is very similar to bailar
[14:36] {nathan} more or less
[14:36] {nemo} except bailar is to dance, yes?
[14:37] {nathan} right
[14:37] {nemo} so bailo Italiano is "I speak Italian"
[14:38] {nathan} i'd rather say " parlo italiano"
[14:44] {nathan} HCP to watch?
[14:45] {nemo} yeah, that actually might be sicilian dialect
[14:45] {nathan} trading neat hod
[14:45] {nathan} near
[14:45] {nathan} -cog in 15min
[14:46] {RonS} plug bldp powering
[14:46] {nathan} wow
[14:47] {nathan} are u in RonS?
[14:47] {RonS} nope
[14:48] {nathan} waiting the reversal?
[14:48] {RonS} data dump
[15:02] {RonS} dwre wearing no demand
[15:03] {dino} pushing it a bit ron, lol
[15:03] {dino} not finding anything to trade
[15:04] {dino} had nice bunch of hits noon thru, 1:30 or so, but dead since
[15:05] {nemo} we're probably gonna' be pretty neutral until earnings season picks up, unless serious news
[15:09] {nathan} well guys thanks for today
[15:09] {nathan} it's been a good day
01[15:09] {@Threei}  morning was good nathan
01[15:10] {@Threei}  then it became really boring
[15:10] {nathan} seems like the post-it saying i'm an asshole works
01[15:10] {@Threei}  hehe
[15:10] {nathan} :-)
01[15:10] {@Threei}  works every time
01[15:10] {@Threei}  tested asnd proven
[15:10] {dino} gj nathan
[15:10] {nathan} i took some trades from you others mines and...
[15:11] {nathan} positive day
01[15:11] {@Threei}  great to hear
[15:11] {nathan} not to recover yesterday disaster but it helps
[15:11] {dino} have to start somewhere
[15:11] {nathan} yep
01[15:12] {@Threei}  well
01[15:12] {@Threei}  about recoveries
[15:12] {dino} some suceed because they are destined to, but most succeed because they are determined to
01[15:12] {@Threei}  know which one is the best?
[15:12] {nathan} go ahead
01[15:12] {@Threei}  SLOW one
01[15:12] {@Threei}  here is why
01[15:13] {@Threei}  when you recover quickly, you get this subconscious impression that initial error that got you in troubles was not a big deal, and is easy to correct
01[15:13] {@Threei}  and you are likely to repeat it.
01[15:13] {@Threei}  But when it takes time and effort to recover,
01[15:13] {@Threei}  you realize how large hole you fug yourself inti by that error
[15:13] {nathan} is written with fire
01[15:13] {@Threei}  and value your effort to get out of it much higher
01[15:14] {@Threei}  and much less likely to repeat the error.
[15:14] {nathan} you're completely right
[15:14] {dino} and nathan, as churchill said, "when going through hell, keep going"
[15:15] {nathan} i still have so fresh the accounts i've drawn
[15:15] {nathan} i have to admit that it hurt more myheart than my pocket
[15:16] {nathan} so it's not a matter of money
[15:16] {nathan} it's more about changing myself
01[15:16] {@Threei}  usually it's not
01[15:16] {@Threei}  right
01[15:16] {@Threei}  your trading reflects who you are
01[15:16] {@Threei}  you want it to change, change who you are
01[15:17] {@Threei}  sounds like new age bullshit, but it's not
[15:17] {nathan} it's like making a new man
[15:17] {nathan} yep
[15:17] {nathan} 1:1 i NKE
[15:17] {nathan} lol
[15:18] {dino} gj
[15:18] {nathan} hope to see you tomorrow
[15:19] {nathan} good night
01[15:19] {@Threei}  nemo finally got his buddy in shape:
01[15:19] {@Threei}  https://fbcdn-sphotos-a-a.akamaihd.net/hphotos-ak-ash3/t1.0-9/10150549_758865984133076_39414006_n.jpg
01[15:19] {@Threei}  take care nathan
01[15:36] {@Threei} Short Setup: YHOO  .95 break
01[15:36] {@Threei}  If holds  .05 
[15:40] {fish_49} how was the afternoon  any 1:8's?
01[15:40] {@Threei}  nah, scalp
[15:40] {fish_49} DAS working ok now?
01[15:40] {@Threei}  yes
[15:48] {nemo} spy looks like it'll come in
[15:48] {nemo} all the indexes do
01[15:48] {@Threei}  too narrow
01[15:48] {@Threei}  and no time left for setup to work
[15:49] {nemo} wouldn't argue with that
[15:49] {fish_49} good
[15:49] {fish_49} I mean good that you won't argue
[15:49] {nemo} you on the other hand...
[15:49] {fish_49} Dino you get any of the snow?
[15:49] {nemo} of course, it's not even a contest
[15:50] {nemo} I should probably smack myself with a sledgehammer to give you a chance
[15:50] {fish_49} Toad you getting snow today?
[15:50] {nemo} maybe
[15:50] {fish_49} I won't argue with you Toad  dont hit yourself
[15:50] {fish_49} oh it has not started yet?
[15:50] {fish_49} I was out doing some yard work and it started
[15:51] {nemo} well, guess meteorology isn't ur strong suit
[15:51] {fish_49} white out now  but it's melting almost as fast as it touches the ground
01[15:52] {@Threei}  can't believe it
01[15:52] {@Threei}  we had +20C yesterday
[15:53] {fish_49} wow  did you turn on the Air Conditioner?  lol
01[15:53] {@Threei}  eveything's blooming
[15:53] {dino} fish only flurries so far 3-5" expected
[15:54] {dino} only 25 degres f here now, breaking record lows tomorrow according to weather man
[15:54] {fish_49} I'm tired of winter
[15:54] {RonS} 65 here today, 70 tomorrow...
01[15:54] {@Threei}  SPY is completely flat after 1 pm
01[15:54] {@Threei}  1:30 rather
[15:54] {fish_49} nothing to do but sit around and spank the Munky
[15:55] {RonS} oof
[15:55] {nemo} I'd rather bludgeon the munky
[15:55] {fish_49} lol
01[15:55] {@Threei}  YHOO short into close was right idea, just no time
01[15:59] {@Threei}  thank you all, have a good evening
01[15:59] {@Threei}  see you tomorrow
[15:59] {fish_49} good night Gents
[15:59] {fish_49} u too Toad

Monday, March 24, 2014

March 24 2014

Nice way to start the week, with 1:3 opening trade (short EBAY), and many more winners throughout the day. MCD, WMT, YHOO, VXX etc.


01[13:44] {@Threei}  ant_trade, what are you doing here?
Session Time: Mon Mar 24 00:00:00 2014
01[09:08] {@Threei}  (US) Feb Chicago Fed National Activity Index: +0.14 v +0.10e
[09:15] {dino} .
[09:16] {cosmo} good point dino
01[09:16] {@Threei}  morning guys
[09:17] {fish_49} gm all
01[09:18] {@Threei}  fish :)
[09:21] {RonS} hello gents
01[09:21] {@Threei}  ron :)
[09:23] {mojo1} gm all
01[09:23] {@Threei}  mojo
[09:26] {ese} morning
01[09:26] {@Threei}  ese
01[09:26] {@Threei}  C is interesting so far, for .35 break
[09:27] {ese} spring break over.......f.irst day back at school
[09:27] {RonS} the beat goes on, eh ese?
01[09:27] {@Threei}  you are very happy, I bet
[09:28] {munky} morn
[09:28] {ese} would rather be spending it with you all for sure......but the kids in my program are great
[09:29] {ese} ron munky
01[09:29] {@Threei}  munky
[09:29] {ese} yup the beat goes on ron
[09:30] {cosmo} yea...the famous 4/4 beat...
[09:30] {goinshort} morning all !!!
01[09:30] {@Threei}  gs :)
01[09:30] {@Threei} Long Setup:  C  .30 break
01[09:30] {@Threei}  If holds  .20 
01[09:31] {@Threei}  Invalidated  
01[09:31] {@Threei} Short Setup: EBAY  .40 break hl
01[09:31] {@Threei}  If holds  .50 
01[09:33] {@Threei}  1:1  
01[09:33] {@Threei}  1:2  
[09:33] {thomcbell} hlf looks like 53 long break
[09:34] {thomcbell} with 0.50 cent wide 
01[09:35] {@Threei}  1:3  
01[09:35] {@Threei}  out
[09:35] {fish_49} ty  good call
01[09:35] {@Threei}  yw
[09:35] {goinshort} thanks V !!
01[09:35] {@Threei}  :)
01[09:36] {@Threei} Long Setup:  EBAY  .10 break hl
01[09:36] {@Threei}  If holds  57 
[09:37] {RonS} naz dive
01[09:37] {@Threei}  change to .05 break
01[09:37] {@Threei}  If holds  .95 
01[09:37] {@Threei}  hl still
01[09:38] {@Threei}  nope
[09:38] {fish_49} it will go
[09:38] {fish_49} just not right now  lol
[09:39] {dino} fri swing, out geos 65.75, +3.75
01[09:39] {@Threei} Long Setup:  C  .30 break
01[09:40] {@Threei}  If holds  .20 
[09:40] {dptl} good morning
01[09:40] {@Threei}  dp
01[09:44] {@Threei}  *(US) MAR PRELIMINARY MARKIT PMI MANUFACTURING: 55.5 V 56.5E
01[09:44] {@Threei}  ok C, let's go
[09:45] {fish_49} If C goes to 1:4  I won't include them when I file Bankruptcy
01[09:46] {@Threei}  no go
[09:46] {fish_49} C Sucks
[09:46] {fish_49} lol
[09:46] {fish_49} wmt?
01[09:47] {@Threei}  not yet
[09:47] {dino} bio blood bath again
01[09:47] {@Threei}  watching it for a while, uncertain
01[09:53] {@Threei} Long Setup:  IWM  .40 break hl
01[09:53] {@Threei}  If holds  .30 
[09:53] {ese} ddddddddddddddddddddppppppppppppppppppp!!!!!!!!!!!!!!!111
[09:53] {dino} lci smr l .99, hooker type
[09:55] {dino} gild smr l .97
01[09:56] {@Threei}  stop to .34
01[09:56] {@Threei}  half out
01[09:57] {@Threei}  stop to .39
[09:58] {dptl} ese :)
[09:59] {nemo} tight frickin' market
[10:00] {munky} feels weak
[10:00] {munky} stromnger to downside
01[10:03] {@Threei} Long Setup:  WMT  .20 break
01[10:03] {@Threei}  If holds  .10 
[10:03] {dino} lci stop -.35
01[10:05] {@Threei}  no news for this market slide
01[10:06] {@Threei}  feels like genuine fear of something ahead
[10:06] {RonS} other than the Russian Army massing on the Ukraine border?
01[10:07] {@Threei}  who knows
01[10:07] {@Threei}  maybe that
01[10:07] {@Threei}  maybe something else
[10:08] {RonS} airliner teleported to spaceship?
[10:08] {RonS} ese goes back to school?
01[10:08] {@Threei}  tensions are very high over there, rallies demanding referendum and cessation in Donets and Khariv, with people killed
01[10:09] {@Threei}  Donetsk
01[10:09] {@Threei}  stop .19
01[10:11] {@Threei}  out balance on a trail
[10:12] {fish_49} FB dying today
[10:13] {RonS} NSA gonna kill them over Zuck criticism?
01[10:14] {@Threei}  lol
[10:14] {fish_49} yea  Big Brother Always wins
01[10:14] {@Threei} Long Setup:  JPM  .80 break
01[10:14] {@Threei}  If holds  .70 
[10:15] {dino} lci reload ave smr l .25
[10:15] {dino} wide
[10:16] {ese} in
01[10:17] {@Threei}  SPY looks ready for a bounce finally
01[10:20] {@Threei} Long Setup:  IWM  .45 break hl
01[10:20] {@Threei}  If holds  .35 
[10:21] {dino} out gild .37, +.40
01[10:21] {@Threei}  1:1  
01[10:21] {@Threei}  JPM
[10:22] {ese} jpm ½ +.15
[10:22] {RonS} took +.20 JPM  thanks 3i
01[10:22] {@Threei}  1:2  
01[10:22] {@Threei}  yw
[10:22] {ese} tks from me as well
[10:22] {ese} full .99 +.19
[10:23] {dino} gj guys
[10:23] {RonS} entered jpm at .78 after .80 break...
01[10:23] {@Threei}  1:1  IWM 
[10:24] {RonS} unreal tick is positive and has not been bad all morning...
01[10:25] {@Threei}  out last 1/4 on a trail
[10:25] {fish_49} ty
[10:26] {dino} markets feel heavy
01[10:27] {@Threei}  feels like controlled fear of sorts
[10:27] {fish_49} markets need to go to Houston
01[10:27] {@Threei}  "I want out but orderly, not in panic"
[10:28] {RonS} ?
[10:28] {fish_49} that is where all the Heavies go to get that special surgery
[10:29] {fish_49} you never watch that show Ron?  600 pound beauties?
[10:29] {ese} egggzatilly.........ya ya ya .....wait.....no no .........ya don't ;panic....................phew
[10:29] {RonS} why show? just go to Walmart...
[10:29] {fish_49} lol
[10:31] {fish_49} no longer orderly
[10:33] {dino} bib smr l .15data gap fill early feb
[10:33] {dino} bib cx
01[10:33] {@Threei} Long Setup:  FB  .60 break hl
01[10:34] {@Threei}  If holds  .50 
01[10:34] {@Threei}  change to .55 break
01[10:34] {@Threei}  too fast
01[10:35] {@Threei}  if took .60, 1:1
[10:40] {munky} u got read WMT vad?
01[10:40] {@Threei}  would get interested on pullback onder .25
[10:41] {dino} bib smr l .15 gappy
01[10:44] {@Threei} Long Setup:  EBAY  .50 break hl/l wmt .25 break
01[10:44] {@Threei}  grr
01[10:44] {@Threei} Long Setup:  WMT  .25 break
01[10:45] {@Threei}  If holds  .20 
[10:45] {fish_49} missed
01[10:45] {@Threei} Long Setup:  EBAY  .50 break hl
01[10:46] {@Threei}  If holds  .40 
01[10:47] {@Threei}  1:1  WMT 
01[10:47] {@Threei}  change EBAY to .40 break
[10:49] {dino} bib stop
[10:49] {dino} taking a break
01[10:49] {@Threei}  Invalidated  
[10:59] {fish_49} The plane was found in the Indian Ocean
01[11:00] {@Threei} Short Setup: MCD  .50 break
01[11:00] {@Threei}  If holds  .60 
01[11:01] {@Threei}  1:1  
[11:15] {RonS} .
01[11:16] {@Threei} Long Setup:  EBAY  .45 break hl
01[11:16] {@Threei}  If holds  .35 
01[11:21] {@Threei}  Russia announced on Monday that it was barring 13 Canadian officials, lawmakers and public figures from the country in retaliation for sanctions imposed by Canada over Russia's annexation of Crimea.
01[11:21] {@Threei}  Harper won't be able to have his kids educated in Kaluga??
[11:22] {fish_49} he can buy cheap booze in the duty free shop on the way home
01[11:22] {@Threei}  stop to .46 MCD
01[11:23] {@Threei}  do these three look like a happy bunch? http://www.kyivpost.com/content/ukraine/many-questions-remain-in-ukraines-military-retreat-from-russian-claimed-crimea-340649.html
01[11:26] {@Threei}  1/4 more out MCD
01[11:26] {@Threei}  stop to .41
01[11:30] {@Threei}  no go EBAY
01[11:35] {@Threei}  closed last piece MCD
01[11:44] {@Threei}  (RU) President Obama recommends expulsion of Russia from G8
[11:45] {fish_49} who will vote?
01[11:45] {@Threei}  asked Puting racking up his rifle?
[12:26] {dino} .
[12:35] {RonS} scty flameout
[12:36] {dino} partial out enta .03, +1.88
[12:37] {fish_49} nice
[12:37] {dino} out remainder
[12:37] {munky} i think market tanks into bell today down 300 +
[12:37] {dino} ty, needed that
[12:37] {dino} last time you said that it did
[12:38] {munky} just now power in any bounce attempts
[12:38] {munky} was panicy this morn
[12:48] {dino} just feels off, if you know what i mean
[12:49] {munky} not off, terrific downward pressure, if we were short most of morning be grinning
[12:50] {munky} but the ole BTFD was crap today
[12:50] {munky} still is so far
[12:50] {fish_49} The STFR Munky
[12:51] {fish_49} then*
[12:54] {RonS} gmcr crush
[12:55] {dino} not really munky, the bio btfd worked, just had to find bottoms
[12:55] {dino} look, gild, bib, enta, lci
[12:56] {munky} WMT was a superstar
[12:56] {munky} again
[12:56] {munky} and vxx
[12:56] {dino} data interesting, another gap 75.41
01[12:58] {@Threei} Short Setup: EBAY  .20 break
[13:01] {RonS} bwld broken wing bounce
[13:01] {dino} mojo, you see geos?
01[13:02] {@Threei}  GEOS Seafloor Geophyisical says planning to raise the needed equity during this summer and will take delivery from Geospace after that funding is in place
[13:03] {dino} rode it from fri close to close 62 until this a.m., 65.75. mojo and i were discussing it
[13:03] {munky} yup remember that
[13:04] {mojo1} how'd u make out
[13:04] {munky} and vad and i werre talking about wmt
[13:05] {dino} took 3.75 out of it
[13:05] {mojo1} gj
[13:05] {dino} damn missed data
01[13:13] {Threei}  Invalidated  
[13:30] {RonS} adbe sm l .87 s/l lod
01[13:31] {Threei} Long Setup:  WMT  .65 break
01[13:31] {Threei}  If holds  .60 
[13:35] {munky} u got any target? .90 area?
[13:35] {munky} over 77?
01[13:35] {Threei}  no idea
01[13:36] {Threei}  just riding it
01[13:36] {Threei}  1:1  
[13:43] {nathan} hi all!
[13:43] {munky} hi nat
01[13:43] {Threei}  hey nathan
[13:43] {fish_49} Good Day Nathan
[13:44] {nathan} is everything better than friday
01[13:44] {Threei}  pretty good
[13:44] {munky} sell from hell this morn
[13:44] {nathan} good to know
[13:44] {fish_49} If WMT goes to 1:7  I will buy all my Christmas gifts at wally world  next Christmas
01[13:46] {Threei}  .80 is main treshold now
[13:47] {RonS} adbe to b/e
[13:52] {RonS} adbe to .00
01[13:55] {Threei}  nice C&H WMT
[13:55] {dino} gj
01[13:55] {Threei}  let's break
[14:02] {RonS} adbe to .10
[14:07] {RonS} out adbe 65.18 +.31
[14:07] {fish_49} nice
01[14:07] {Threei}  wtg
[14:08] {dino} gj
01[14:10] {Threei} Short Setup: EBAY  .60 break
01[14:11] {Threei}  If holds  .70 
01[14:12] {Threei}  with trail to .66 after losing .55
01[14:16] {Threei}  trail
[14:16] {munky} vad any read vxx?
[14:16] {munky} nemo, u got a read on vxx ?
01[14:17] {Threei}  pullback ro .80 would get me interested
01[14:17] {Threei}  1:1  
01[14:19] {Threei}  closed WMT balance on a trail
[14:20] {fish_49} same here  I heard Click Click while taking a restroom break  lol
[14:26] {fish_49} out Ebay on Trail  ty
01[14:26] {Threei}  yw
01[14:28] {Threei} Long Setup:  VXX  .70 break hl
01[14:28] {Threei}  If holds  .60 
01[14:31] {Threei}  trail to .64
01[14:31] {Threei}  1:1  
[14:39] {dino} hum-dee-dum
[14:40] {fish_49} out on trail  ty
01[14:40] {Threei}  yw
[14:49] {nathan} my worst day in a long day
01[14:49] {Threei}  ?
[14:49] {nathan} i f**** it up  in every trade
01[14:49] {Threei}  how?
[14:50] {nemo} he got out of bed
[14:50] {nathan} following my belives not the market
01[14:50] {Threei}  every trade since you connected was a small but winner
[14:50] {dino} nemo kicking them when they are down
[14:50] {nathan} yeah i follow mine today and..
01[14:50] {Threei}  trade what you see, not what you think
[14:50] {nemo} love tap dino
[14:50] {nathan} overtrade and revenge trading
[14:50] {nathan} sucks
[14:51] {nemo} I haven't been able to read diddly squat today
[14:51] {nathan} you're right vad, but...
01[14:51] {Threei}  nathan... if I may chime in with suggestion...
01[14:52] {Threei}  I see this sometimes, in different variations:
[14:53] {nathan} yes pls go ahead
[14:53] {nemo} indexes look short here, but question is do they drop vwap
01[14:53] {Threei}  people join our room, and trade whatever they think is right, as if the very fact of being in the room should make them profitable
[14:53] {fish_49} Nemo cant read squat today?  and how is that different from any other day?  I bet Nemo Squats  to pee
[14:53] {nemo} oh fish
[14:53] {RonS} oof
[14:53] {nemo} I'm so fragile
01[14:53] {Threei}  it's not enough to be here, also got to trade with us
[14:53] {nemo} questioning my nemohood
[14:54] {fish_49} lol
[14:54] {RonS} lol...classic
[14:54] {fish_49} Love you brother
[14:54] {nemo} yeah, like Cain loved Abel
[14:54] {dino} haven't had a trade since 1:00ish, not seeing anything
[14:55] {nathan} yep but the fact is that today I made old mistakes i thought i they were overcome
01[14:55] {Threei}  if you don't feel that our trades are in tune with your vision, back off and paper trade them until you get comfortable with our read, your own read or some combination of both,
01[14:55] {Threei}  but take advantage of being here
[14:55] {nemo} may I interject...
[14:56] {nathan} thanks Vad
01[14:56] {Threei}  and on making olf mistakes, let's do this
01[14:56] {Threei}  any trade shough be based on a certain setup
01[14:56] {Threei}  not on your idea of where the market should go.
01[14:56] {Threei}  So, grab a Post-It,
01[14:56] {Threei}  write on it in big red letters:
01[14:57] {Threei}  "IS THERE SETUP FOR THIS TRADE???"
01[14:57] {Threei}  slap it on your monitor,
[14:57] {nathan} i'm doing it right now
01[14:57] {Threei}  and look at it every time before clicking that buy button
01[14:57] {Threei}  if not, slowly back off
[14:57] {nemo} and then ask yourself one more question..."Am I taking this call because it's a valid setup, or is an emotion driving me?"
[14:57] {dino} good advice. my rules are posted on the wall
01[14:58] {Threei}  and if this doesn't work, here is stronger version
01[14:58] {Threei}  take a summary of the month when you traded what you thought and not the setups,
01[14:58] {Threei}  write the total of your loss on another Post-Ot,
[14:58] {nathan} I got plenty examples of it
01[14:59] {Threei}  with comment: PRICE OF MY STUPIDITY: $XXX
01[14:59] {Threei}  and again, look at it every time
[14:59] {nemo} nathan...you can also just ask opinions here as a gauge
01[14:59] {Threei}  and ask yourself whether this trade is going to contribute to that stupidity fudn
01[14:59] {Threei}  it's rude, and it works
01[15:00] {Threei}  because it's brutrally honest
[15:00] {nemo} I was dcc'ing with Vad this morning:  [10:52] {nemo} shitty reads here for me
[15:00] {nemo} [10:53] {Threei} yeah, jelly
[15:00] {nemo} [12:24] {nemo} now we've been flat since 11
[15:00] {nemo} [12:24] {Threei} and I ceased the calls
[15:00] {nathan} thanks a lot for your contributions, believe me i'll do so
[15:00] {dino} gnca spike
[15:01] {nemo} [14:11] {nemo} kinda' like shoving barbed wire up your @%#$
[15:01] {nemo} [14:11] {Threei} ouch
[15:01] {nemo} [14:11] {Threei} don't
[15:01] {nemo} [14:11] {Threei} I havbe vivid imagination
[15:01] {nemo} [14:24] {nemo} find myself forcing
[15:02] {RonS} nathan, if all that fails, buy a cat-o-nine tails...play this :  http://www.youtube.com/watch?v=IIEVqFB4WUo  ...and get to it...
[15:02] {nemo} wuss...by a scourge
[15:02] {nemo} buy
[15:03] {nathan} what's this band???
[15:03] {RonS} we are devo d e v o...
[15:03] {nemo} lat 70's
[15:03] {nemo} guitar player just died
[15:03] {dino} nathan, sometimes for me, best thing is to walk away for an hour. take the dog for walk. clear your head. then come back, its as new day has started
[15:03] {nemo} late 70's
[15:04] {dino} i took an hour break today, first couple trades went wrong
[15:04] {RonS} nus nuked
[15:05] {RonS} guessing newman showed up...
[15:05] {dino} nus, i don't know how to trade it, too much headline risk for me
[15:05] {nathan} thanks dino
[15:06] {dino} np, we all have those kind of dats
[15:06] {RonS} ergo nus as in noose...
[15:06] {nemo} could be worse, could be Les, he has that kind of life
[15:06] {nemo} yeah right
[15:06] {dino} kdats=days
[15:06] {nemo} living in Switzerland
[15:06] {nemo} sheesh
[15:06] {dino} lol, dats=days
[15:07] {nemo} dinospeak
[15:07] {dino} need to look at keyboard more when typing
[15:07] {nemo} dinoero
[15:07] {nathan} lol
06[15:07] * nemo pats himself on the back
06[15:08] * nemo thinks, "I'm quite witty."
01[15:08] {Threei}  careful
01[15:08] {Threei}  that's how shoulders get dislocated
01[15:08] {Threei}  ask me how I know
[15:09] {nemo} yeah, did that once on the rings in the middle of an iron cross
[15:09] {nemo} "pop!"
[15:09] {nemo} by the time I hit the ground it had popped back in
[15:11] {nemo} think I consumed a fair amount of liquid pain killer that night
[15:12] {dino} if you can't remember, then yes you did
[15:12] {nemo} it was 35 years ago
[15:12] {RonS} TMI...nemo as a spinner...that picture several years ago, you looked too big...
[15:13] {nemo} huh?
[15:13] {RonS} neighbor or someone with a buck...
[15:13] {nemo} mmmhhhh...nope I'm all of 5' 6"
[15:13] {fish_49} truth be said, it was an injury in the McDonalds Play Land Room
[15:14] {nemo} yeah, was trying to pick up a date
[15:14] {RonS} wow, explains a lot...Napolean complex and all...
[15:14] {dino} lol
[15:14] {RonS} Napoleon
[15:14] {nemo} nah, homicidal, not Napoleon
[15:14] {nemo} just leave bunny out of this
[15:15] {nemo} although....
[15:15] {nemo} helping souls transition is, in the words of Lloyd Blankfein, "doing God's work..."
[15:15] {nathan} take care guys
[15:16] {fish_49} have a good one Nathan
[15:16] {nathan} hope to see you tomorrow
[15:16] {nemo} go have a pitcher of sangria
[15:16] {nemo} or three
[15:16] {nathan} jajaja
[15:16] {nathan} did u taste it?
[15:16] {nemo} of course
[15:16] {nemo} lots of it
[15:16] {nemo} also made the mistake of drinking the water
[15:16] {nathan} until yo got drunk
[15:16] {nemo} oops
[15:17] {nathan} lol
[15:17] {nemo} that was 30 years ago
[15:17] {nemo} I was on the Costa Brava, and then in Barcelona
[15:17] {nathan} really?
[15:17] {nemo} yes...even went to a bullfight
[15:18] {fish_49} did you wath the bulls run the streets?
[15:18] {nemo} lotta' jelly fish down there
[15:18] {nathan} like the good tourists!
[15:18] {nemo} no...wasn't in Pamplona
[15:18] {nemo} I'm insane, not stupid
[15:18] {nemo} there is a difference
[15:18] {munky} lex luther was a genius but insane
[15:18] {nathan} lol
[15:19] {nemo} yeah a bullhorn suppository was not high on my agenda
[15:20] {fish_49} but a Bull named Bob was?
[15:20] {nemo} come to think of it though, did see a matador get launched over the wall
[15:20] {nemo} weak fish
[15:20] {fish_49} yea weakfish is a cousin of mine
[15:20] {fish_49} Sea Trout
[15:20] {nemo} saw that coming
[15:20] {dino} gn nathan
[15:21] {nemo} Can't see any self-respecting trout having anything to do with you
[15:21] {fish_49} damn  I don't have a come back for that one Toad ...  Good one
[15:22] {nemo} Reminds me...watched "A River Runs Through It" again this weekend
[15:23] {munky} luv that movie
[15:23] {RonS} have seen the Madison from Ennis Mt to Bozeman, great river...
[15:23] {nemo} yeah, they really got fly fishing right
[15:24] {RonS} went up there over July 4th and it freakin snowed...unreal
[15:25] {nemo} @DougKass Today's lesson: "Never chase an irrational tape" -Stanley Shopkorn
[15:25] {fish_49} snow in July would be unrel
[15:25] {fish_49} unreal
[15:25] {nemo} unless you're in South America
[15:25] {fish_49} we are supposed to get some more snow tomorrow  it's killing me
06[15:26] * nemo thinks, "We can only hope."
[15:26] {fish_49} man  Nemo is back from the dead
[15:27] {nemo} nothing really happening...nothing worse than a bored nemo
[15:27] {RonS} "I love to chase an irrational tape"  Jimmy Shopkorn (and I don't care)
[15:27] {nemo} ROTFLMAO!
[15:28] {RonS} thinkin 3i thinking, wtf?
[15:28] {nemo} yeah, he wonders why he keeps this place open
[15:30] {fish_49} DOW back in the green
01[15:31] {Threei}  G7 leaders agree to hold summit in Brussels in June instead of attending the G8 hosted by Russia in Sochi - financial press citing France diplomatic source **Note: G7 leaders are meeting at a Nuclear Summit from Mar 24-25th at the Hague; the summit is also discussing the situation in Ukraine
[15:33] {RonS} so, 3i do the Ukrainians have any willingness or capability to fight the Russians?
01[15:34] {Threei}  in open batle, capable of causing damage, way beyond what Gerogians could do, but in all-out will lose ultimately
[15:35] {RonS} tick +1200
[15:36] {fish_49} But the Russian AirForce now has one less Mig 23.  They have to send one to Syria to replace the one shot down last night
01[15:36] {Threei}  I really doubt though that open battle in the steppes is what Putin has in mind
01[15:36] {Threei} Short Setup: EBAY  .65 break hl
01[15:37] {Threei}  If holds  .75 
[15:43] {nemo} vxx might be long here
[15:43] {thomcbell} 44.34 long break 
[15:44] {nemo} or .35 but looks like indexes advancing
[15:49] {nemo} interesting, indexes coming in a bit, but vxx not moving...
01[15:50] {Threei}  1:1  
[15:50] {nemo} there, makes a liar out of me
[15:50] {nemo} well I was that before
[15:53] {dino} calling it a day, gn all
[15:53] {goinshort} see ya all -thanks !!!
01[15:56] {Threei}  closed EBAY
[15:56] {fish_49} same
[15:56] {fish_49} ty
01[15:56] {Threei}  thank you all, have a good evening
01[15:56] {Threei}  see you tomorrow
[15:56] {fish_49} have a great night
[15:56] {dptl} gn

Friday, March 21, 2014

Market Week Wrap-up

TradeTheNews.com  Weekly Market UpdateJanet Yellen's World



- This was the week that Janet Yellen put her stamp on global markets. The Fed tapered again in Wednesday's rate decision and dropped its 6.5% unemployment threshold, surprising nobody. But during the post-decision press conference, Yellen suggested the Fed would consider hiking rates as soon as six months after the end of QE3. Under a strict interpretation, if asset purchases end in November of this year as expected, rate hikes would arrive in the second quarter of 2015. Global markets were very choppy in the remainder of the week as participants recalibrated positions and worked out the implications of Yellen's verbal guidance. In other news, Russia absorbed Crimea and incurred retaliatory sanctions from the US and EU. In China, the PBoC widened the daily yuan trading band to 2% from 1% and appeared to continue its campaign to halt hot money inflows. The impact of data reports was pretty muted overall. For the week, the DJIA gained 1.4%, the Nasdaq rose 0.7%, and the S&P500 added 1.3%, touching a fresh record level on Friday before retreating from highs.

- In the statement accompanying Wednesday's rate decision, the FOMC formally dropped the 6.5% unemployment threshold. In its place, the FOMC said that in determining how long to maintain ultra-low rates, assessment of progress "will take into account a wide range of information, including measures of labor market conditions, indicators of inflation pressures and inflation expectations, and readings on financial developments." Many observers seemed to believe that Yellen's six-month comment was a slip of the tongue and was not intended to reshape forward guidance, especially after the Fed just dropped its quantitative unemployment threshold. Moreover, Yellen was emphatic that markets should not make strict interpretations and reiterated what all of her colleagues and former chair Bernanke have repeated again and again: the first rate hike is highly data-dependent and will reflect a "balanced judgment" about prospects both for labor market slack and inflation pressure.

- Minneapolis Fed President Kocherlakota was the sole dissenter to the FOMC decision. Kocherlakota has tended toward the dovish end of the spectrum and his dissent was rooted in concerns about the labor market. He warned that the new guidance weakened the Fed's commitment to its 2% inflation target and does not provide any information on the speed at which the Fed wants to reach full employment. St. Louis Fed President Bullard said that Yellen's comments on the timing of rate hikes was not a change in policy and was simply referring to market expectations about what was meant by a "considerable period."

- US bond traders reacted to the Fed statement swiftly by aggressively selling the middle and short end of the US curve. Ultimately the Fed offered up very little in the way of new information regardless, expectations have crept in for a little tighter policy next year; 2015 fed fund futures are now fully pricing in at least a 50 basis point rise in rates to begin by mid-summer. Previously traders had seen a greater likelihood of only 25 basis point hike to come sometime in the middle part of the second half. The 5-year/30-year spread has compressed to its flattest level since the summer of 2012. For the week the rate on the 30-year has climbed only marginally and the 10-year continues to hold near 2.75%, backing up a modest 10 basis points, while the 5-year is up some 20 basis points. Supply looms next week: $96B in 2-, 5- and 7-year notes could be challenging and keep pressure on the belly of the curve. Note that spot gold sank in the second half of the week, giving up 3.5% after the FOMC decision.

- The Fed released the first component - stress test results - of its Comprehensive Capital Analysis and Review (CCAR) this week. Twenty nine of 30 banks passed the severely adverse scenario, which included a 4% jump in the unemployment rate, 4.75% negative GDP growth, a 50% decline in equity prices and a 25% decline in real estate prices. Zions Bancorp was the only institution that would not remain well-capitalized with Tier 1 common equity ratios of at least 5.0% under the stress scenario. The second component of CCAR, including the Fed's evaluation of each firm's capital plans, dividends and buybacks, will be disclosed Wednesday, March 26. Thanks to CCAR and higher rate expectations, both regional and tier-one banks saw robust gains this week, with the exception of Zions, whose shares lost nearly 5% on Friday.

- Russia formally absorbed Crimea this week, drawing US sanctions against various high-level Russian officials and a few selected institutions, most notably Bank Rossiya, a key firm used by the Putin regime and Geneva-based Gunvor, the world's No. 4 oil trading company. The European Union discussed possible sanction options but has taken little concrete action against Russia besides freezing military ties and sanctioning a few individuals. The EU also signed the political sections of the association agreement with Ukraine. Both S&P and Fitch have cut their sovereign outlooks on Russia to negative.

- FedEx missed earnings and revenue expectations in its third quarter report, and like so many firms before it blamed the weather. FedEx's CEO stated that "historically severe winter weather significantly affected our third quarter earnings. On days when the weather was closer to normal seasonal conditions, our volumes were solid and service levels were high." Nike reported very good third quarter results, but made troubling comments during its conference call, warning that FX headwinds would continue to reduce EPS in Q4 and into 2015, and would reduce FY15 earnings. Oracle missed top- and bottom-line expectations slightly in its third quarter and its fourth quarter outlook was also a bit soft. Analysts highlight the firm's high spending levels to catch up with a horde of cloud computing rivals.

- Ahead of March quarter earnings season, AK Steel and Nucor both offered their customary pre-earnings guidance statement. Both firms warned that EPS would be well below expectations, citing extreme weather that has disrupted customer demand. AK also cited a planned blast furnace outage and legal settlement charges.

- EUR/USD made a few last stabs at 1.3950 early this week before the FOMC decision reversed sentiment and strengthened the greenback. The pair hit two-week lows around 1.3750 on Thursday. The yen weakened in a more restrained fashion after the FOMC, rising from 101.60 to around 102.60 before strengthening a bit through week's end.

- The Chinese Yuan has now given back all of its 2013 gains as the PBoC lets the currency weaken further to curb hot money inflows. Last weekend, the PBoC widened its daily yuan trading band from 1% to 2%. USD/CNY spent most of the week above 6.20, raising concerns about a specialized financial product, originally used to hedge foreign exchange risk, called a trade redemption forward contract (RFC). The contract pays investors if the yuan remains strong and will start costing dearly as USD/CNY weakens past 6.20. In a report out recently, Morgan Stanley wrote there had been $350 billion RFCs sold since the beginning of 2013 and $150 billion might still be outstanding.

- Japan announced another trade deficit which was wider than expected but still smaller than the past three months on adjusted basis. Both exports and imports were up in high-single digits, for a 12th and 16th consecutive rise, respectively. Trade components also showed some improvement, with double-digit y/y exports increase to Asia, China, and Europe as well as a 6.4% drop in the bill for crude oil imports.






March 21 2014

Mixed day - calls were good, with several 1:3ers making it solidly profitable, and with tech glitch issues with clearing house that left many without a chance to utilize those calls. Oh well, the technology is not perfect.

Session Time: Fri Mar 21 00:00:00 2014
[09:01] {goinshort} morning guys !!
[09:01] {fish_49} GMGS
01[09:01] {@Threei}  gs, fish :)
[09:06] {nemo} http://goo.gl/4vsfhK
01[09:06] {@Threei}  (RU) Russia Fin Min Siluanov: Russia may refrain from any foreign borrowing in 2014, reduce domestic borrowing as well- Sanctions could increase Russian borrowing costs
01[09:06] {@Threei}  EU) EU's Van Rompuy: EU Govts have now discussed methods to bring down energy dependence- new methods include diversifying its sources and lowering consumption
01[09:06] {@Threei}  of both succeed, that could really hurt
01[09:06] {@Threei}  if
01[09:09] {@Threei}  BlackBerry To Sell Majority of Real Estate Holdings in Canada
[09:15] {RonS} gm...Kramer in the house?
01[09:16] {@Threei}  ron:)
[09:17] {RonS} banks running
[09:17] {fish_49} even Zion?
[09:19] {fish_49} I think ZION was the only major that didn't cut the mustard
[09:19] {RonS} penultimate understatement on stocktwits:  "ecyt looking great PM"
[09:22] {nathan} good morning!
01[09:22] {@Threei}  nathan :)
[09:23] {nathan} I really enjoyed the last 20min of the yesterday chat
[09:23] {nathan} thanks dino for the 12 rules
[09:23] {nathan} i see myself reflected on each
[09:23] {nathan} ;-)
[09:26] {ese} morning
01[09:26] {@Threei}  ese :)
[09:27] {ese} morning vad
[09:27] {ese} have you heard from any of your friends in the Ukraine
01[09:27] {@Threei}  yes... speaking over skype often
[09:27] {ese} everyones ok?
01[09:28] {@Threei}  very worried
[09:28] {munky} morn
01[09:28] {@Threei}  for many reasons
01[09:28] {@Threei}  extemely unstable situation
01[09:28] {@Threei}  munky :)
[09:28] {ese} munky
[09:28] {ese} opening.....talk in a bit
[09:28] {munky} news gm
01[09:29] {@Threei}  btw, today is international poetry day
01[09:29] {@Threei}  thought you'd like to know
[09:29] {ese} thats nice to know....love poetry
[09:29] {ese} and were off
[09:30] {RonS} classic
[09:31] {dino} ugh! damn gap up opens
[09:31] {nemo} bank tests
[09:33] {RonS} wow dtv block trade 956k
01[09:33] {@Threei} Long Setup:  C  .60 break hl
01[09:33] {@Threei}  If holds  .50
01[09:35] {@Threei}  1:1
[09:35] {fish_49} no buying power error again
[09:36] {nathan} 1:1
[09:36] {nathan} ty vad
01[09:36] {@Threei}  yw
[09:38] {fish_49} Nat using DAS?
[09:38] {nathan} yes
[09:38] {nathan} i got same error
[09:39] {nathan} as u
[09:39] {nathan} quite weird
[09:39] {nathan} it send the order the at the second time
01[09:41] {@Threei} Short Setup: C  .50 break hl
01[09:41] {@Threei}  If holds  .60
[09:43] {RonS} nke tripped
[09:48] {dino} enta smr l .12, hooker
[09:48] {dino} symc smr l .45
[09:48] {dino} oh no, only 9 filled enta, damn
01[09:49] {@Threei}  9 shares?
[09:49] {dino} yeah, that sucked
[09:49] {nathan} dino take a look in GILD
01[09:49] {@Threei}  C stop to .56
[09:49] {dino} will wait on it, see if it comes back, gapping all over
[09:50] {dino} ok nat
[09:50] {dino} icld interesting
01[09:50] {@Threei}  'l ebay .40 break
01[09:50] {@Threei} Long Setup:  EBAY  .40 break
01[09:50] {@Threei}  If holds  .30
01[09:52] {@Threei}  no go
01[09:55] {@Threei} Short Setup: FB  .40 break
01[09:55] {@Threei}  If holds  .50
01[09:57] {@Threei}  1:1
01[09:57] {@Threei}  1:2
01[09:57] {@Threei}  1:3
[09:57] {nathan} fish
01[09:57] {@Threei}  out
[09:57] {nathan} it happened again
[09:57] {fish_49} yea  it happens on the winners
[09:57] {dino} ok enta filled
[09:58] {nathan} yes
[09:58] {goinshort} nice V !!!
[09:58] {fish_49} I'm sitting on my hands   starting to think it's a conspiracy
[09:58] {nathan} you pay de stops and othes make money ;-)
[09:59] {munky} twice now das rejected my order attempts, a glitch going on somewhere'
[09:59] {dino} gild smr l .21
[09:59] {fish_49} It only happens on the winners  Munk
[09:59] {fish_49} Munky
[10:00] {nemo} yeah, even though it says I have buying power I have none
[10:00] {munky} fish, actually both were the winners, fb and c
[10:00] {munky} couldnt get in
[10:01] {dino} out gild .61, +.40, thx nathan
[10:01] {nathan} yw
[10:01] {nathan} share with me half lot
[10:02] {nathan} lol
[10:02] {dino} lol
[10:02] {dino} witing at .01
[10:02] {dino} waiting
[10:03] {nemo} looks like some of the short indicators are off
01[10:03] {@Threei}  (RU) Russia Govt: Will respond harshly to the newly imposed sanctions; sanctions from the US will not serve American interests
01[10:04] {@Threei}  russian-speaking internet is full of mockery, along the lone: Obama is banned from smoking on my porch, petting my cat etc
01[10:04] {@Threei}  line
[10:04] {dino} in gild .01
[10:06] {dino} gild stop .70 -.31
[10:06] {nathan} meh
[10:07] {nathan} it took the wrong direction dino
[10:07] {dino} part of the game
[10:07] {nathan} market is allways wirght
[10:07] {dino} break of .00 may be worth shot
[10:08] {nathan} too fast for me
[10:08] {dino} otherwise dead duck
[10:08] {nathan} i can not jump into
[10:08] {thomcbell} data looks like it may be very vulnerable here
01[10:09] {@Threei} Long Setup:  FCX  .60 break
01[10:09] {@Threei}  If holds  .55
[10:10] {thomcbell} fxi 34 break if holding 34.10
[10:11] {munky} f'in a, rejected order AGAIN
[10:11] {munky} gotta call mark
[10:12] {fish_49} yea  it will go  to 1:5  now  I'm sure
[10:12] {nathan} they send a message
[10:12] {nemo} it's also calculating leveraged etfs differently
[10:12] {munky} anyon e elses rejected??
[10:12] {fish_49} Have a good weekend  everyone  this is total craziness
[10:13] {nathan} bye fish
[10:13] {munky} so should we be mad at vad also, even tho hes got nothing to do with das tech
[10:13] {munky} lol
01[10:13] {@Threei}  why not
01[10:13] {@Threei}  that seems to be in vogue
[10:14] {nemo} now I can't buy anything
[10:14] {munky} well, especially with us simians
[10:15] {thomcbell} wow anyone short data
[10:19] {dino} what is it, bio blood bath day?
[10:20] {nathan} SPY for those who can buy
[10:20] {thomcbell} the big winners bio tech - big data - for sale
[10:20] {thomcbell} tsla
[10:20] {thomcbell} scty
[10:21] {dino} enta smr l .50
01[10:21] {@Threei} Long Setup:  YHOO  .85 break
01[10:21] {@Threei}  If holds  .75
[10:21] {nemo} gild looks double bottomish
[10:22] {munky} rejectedFFF
[10:23] {nemo} o.k.  maybe I'll log in later OP EX triple witching and platform issues.
[10:24] {nathan} i'll try to reconnect later
[10:24] {nathan} if not have a nice weekend
[10:24] {dino} gl nat
01[10:24] {@Threei}  sheesh
01[10:24] {@Threei}  how about paper trading?
01[10:24] {@Threei}  practicing?
[10:24] {nathan} is not the same
[10:24] {nathan} no pain no glory
[10:24] {thomcbell} i cancelled fxi
[10:24] {nathan} just kidding
[10:25] {munky} paper trading on a friday? we like u vad, but not that much lol
01[10:25] {@Threei}  stop to .79
[10:25] {nathan} good one munky
[10:26] {dino} v spike
[10:26] {nathan} short BBY break 50
[10:28] {dino} v vsm s .51
[10:28] {dino} 225.51
[10:30] {dino} stop v -.60
[10:30] {dino} taking break, i'm off so far
[10:30] {munky} u drinking already dino?
[10:30] {dino} v rinsed
[10:31] {dino} no munky, but if this continues, may have to
01[10:32] {@Threei}  1:1
[10:32] {nathan} don't u trade with some whisky?
01[10:32] {@Threei}  finally
[10:35] {munky} mark/das says global issues in das, u better be careful vad
[10:35] {munky} i have one position and it wont sell it
[10:35] {nathan} serious?
[10:36] {nathan} can't you cancell munky?
[10:36] {dino} lol nathan, but no drinking while trading
[10:36] {munky} nope
[10:36] {dino} gild smr l .00
[10:36] {munky} gotta call him to liquidate it
[10:37] {nathan} ok
[10:38] {dino} out gild .41, +.41
[10:39] {nathan} trading for revenge dino?
[10:39] {nathan} lol
[10:39] {dino} no
[10:41] {nathan} u still got some more in GILD?
[10:46] {ese} L ej ..89
[10:47] {dino} no, i'm out gild
[10:49] {dino} v sm v s .50
[10:51] {dino} cov v .90, +.60
[10:53] {thomcbell} these beta names getting killed again today
[10:54] {thomcbell} i think this data might work long here
[10:56] {ese} gutsy dino ...nice one
[10:56] {dino} ty
[10:57] {dino} just looking at that tbell
[10:57] {nathan} well mates, have a nice weekend
[10:57] {nathan} c u on monday
[10:57] {dino} cya nat
[10:58] {ese} cya nat
[10:59] {mojo1} dino are u trading in das?
[11:00] {dino} no, was not workng for my style, hooker spreads were messing with it
[11:00] {RonS} symc l .03
[11:01] {dino} w/ya ron, 01
[11:02] {munky} but just today right dino, u trade primarily das everyday?
06[11:02] * munky slaps Threei around a bit with a large trout
[11:05] {dino} not anymore. on streetsmartpro. das was max loss stopping me out because it used bid prices to calculate. i'd have 3 or 4 hookers going, bid would collapse and i would get stopped out on all positions, just did not work for my style. loved the buying power, short availability, and quickness. for those 3 things das is best i've ever used. just not for me. keeping account open for back up
[11:05] {dino} tho
01[11:06] {@Threei}  you ever tried to find out whether stop criteria can be changed to print?
[11:07] {dino} no
[11:07] {mojo1} so what do you like to use for your hookers dino?
[11:08] {dino} streetsmartpro. figure hookers are pro's right?
[11:09] {dino} 3i, don't get me wrong, das is great.
01[11:09] {@Threei}  I know
01[11:09] {@Threei}  I just think it's worth finding out, might resolve the only issue you have with it while keeping all the advantages
[11:10] {dino} when things calm down for me. right now a lot business issues on my plate
01[11:11] {@Threei} Long Setup:  WMT  .50 break
01[11:11] {@Threei}  If holds  .40
01[11:13] {@Threei}  1:1
[11:15] {dino} gj
01[11:15] {@Threei}  ty
[11:15] {fish_49} platform issues resolved?
01[11:16] {@Threei}  yes
[11:20] {RonS} why gild got hit:  http://stks.co/d0M2V
[11:21] {munky} sorry, back
[11:22] {munky} dino, why didnt u raise the mawx loss on acct with das?
01[11:22] {@Threei}  that's not his issue
01[11:22] {@Threei}  he uses automatic stops
[11:22] {munky} and is streetsmart pro schwab?
01[11:23] {@Threei}  they are set to trigger on bid price, not on actual print,
01[11:23] {@Threei}  so spread widening takes him out of position
01[11:23] {@Threei}  if you don't use auto stops, you have no problem
01[11:25] {@Threei}  1:2
[11:25] {fish_49} what trade you in?
01[11:25] {@Threei}  WMT
[11:26] {ese} L some ej avg .78
[11:27] {dino} exactly 3i
[11:28] {dino} yes minkey
[11:28] {dino} munky too
[11:29] {dino} brb
[11:29] {munky} news wmt?
01[11:30] {@Threei}  no
[11:31] {munky} fslr 3 bux up, calm from 10:30
01[11:33] {@Threei}  1:2  YHOO
[11:34] {fish_49} Great
[11:37] {munky} target wmt?
[11:37] {munky} .90 area?
01[11:38] {@Threei}  nearest resistance is 77
01[11:39] {@Threei}  1:3
01[11:42] {@Threei}  1:4
01[11:43] {@Threei}  no read anymore, feel free to close it who is still in
[11:45] {munky} u are reading wmt terrific
[11:46] {munky} and it pains me to compliment u, u know this lol
[11:46] {dino} gild smr l .97
01[11:46] {@Threei}  you think it's pain? try to say "nemo is right"
[11:47] {fish_49} lol  that is painful
[11:47] {dino} wash your mouth with soad
[11:47] {dino} soap
01[11:47] {@Threei}  I breathe deeply for 5 min before typing that, and faint for an hour after
[11:48] {ese} 4 hl's here with ej......one of these days.....ONE OF THESE DAYS.....POW!....right in the kisser
[11:48] {dino} where is nemo?
01[11:48] {@Threei}  asked me to let him know ehn BP is back
[11:49] {munky} what do they use to revive u vad? bacon under your nose instead of smelling salts? proven much more effective
01[11:49] {@Threei}  but I accidentally forgot to
01[11:49] {@Threei}  under my nose, no... gotta let me actually bite it
01[11:50] {@Threei}  also, pouring single malt in my throat works
[11:50] {fish_49} b4 bacon or after?
01[11:50] {@Threei}  why everything should be either/or
01[11:51] {@Threei}  it's "and"
01[11:51] {@Threei}  bacon, whiskey...
[11:51] {dino} that does sound good
01[11:51] {@Threei}  and keep a good cigar nearby
[11:51] {munky} what brand whisdkeyt u preferr?
[11:51] {fish_49} b4 or after is not either or its a matter of time
[11:51] {fish_49} lol
01[11:51] {@Threei}  so it's a first thing I see when open my eyes
[11:51] {thomcbell} splk short setup 86.60 break if holding 86.84 small shares
01[11:52] {@Threei}  Glenlivet does it for me
01[11:52] {@Threei}  12 years old when I feel like hobo... 18 and older when elitist
[11:52] {dino} ron, target thoughts on the symc, thinking .45s
[11:53] {RonS} .24 for me...
[11:53] {dino} or does vwap stop it?
[11:53] {dino} damn gild not working
[11:53] {RonS} out symc +.21 ese size
[11:53] {ese} this will just tick me off if I have to go through another day waiting for ej to come around
[11:53] {ese} nice ron
[11:54] {dino} wtg ron
[11:54] {thomcbell} splk 1:1 and then rip
01[11:54] {@Threei}  good candidate for large shares, ron
01[11:55] {@Threei}  thick, nicely liquid
[11:56] {dino} that a shamrock shake your describing?
[11:56] {RonS} irishman taking a leak?
[11:59] {munky} vad, wmt long here rd duex?
[11:59] {dino} post pop
[12:01] {dino} lfus spike
01[12:01] {@Threei}  no clear setup
[12:02] {thomcbell} mu 23.96 long break - boring but
[12:02] {dino} lfus smr s .80
01[12:03] {@Threei} Short Setup: P  34 break
01[12:03] {@Threei}  If holds  .10
[12:05] {dino} gild pattern 72.65-73.05
[12:10] {fish_49} FB looks weak
01[12:11] {@Threei}  stop to .06
01[12:13] {@Threei}  this has to be the creepiest headline I've read whole week:
01[12:13] {@Threei}  800-year-old monk found poking out of cliff face
[12:13] {dino} gild to .38
[12:13] {dino} to .47
[12:14] {munky} ok, i reloaded wmt .70 when iu asked vad
[12:14] {dino} to .57
[12:14] {munky} out .87, .93,.95
[12:14] {dino} out gild .57,
[12:14] {dino} +.60
[12:14] {munky} done round duex
01[12:14] {@Threei}  wtg
[12:15] {munky} well, i never traded it until u brought it up
[12:15] {munky} i like it
[12:15] {dino} ty
[12:15] {dino} gj munky
[12:15] {munky} u too, u nailing gild
[12:16] {dino} finally back in black, after this mornings mess
[12:16] {fish_49} meh
[12:17] {goinshort} meh P
[12:17] {mojo1} stopped p
[12:18] {fish_49} at .06 right guys?
01[12:20] {@Threei}  1:3  YHOO
01[12:20] {@Threei}  out
[12:20] {dino} gj
[12:21] {dino} lfus stop .14 -.34
[12:21] {dino} gild pullback
[12:22] {thomcbell} very nice wmt and yhoo vad
01[12:22] {@Threei}  ty
[12:23] {munky} thom, dont compliment him too much, remember all the das execution problems this morning that we r blaming on vad lol
[12:24] {munky} plus we dont want his head to grow bigger than his gut, a very disproportional image
[12:24] {thomcbell} hah
01[12:25] {@Threei}  abuse I take...
01[12:32] {@Threei}  watching TZA for pullback entry
01[12:32] {@Threei}  around .45
[12:38] {RonS} dtv looks and act short on intra and daily...
[12:38] {RonS} acts
[12:46] {dino} out symc .24, +.23
[12:50] {RonS} tj (wanted to say bj but knew would be misinterpreted)...you had it in the 30's...terrible job...lol
[12:51] {RonS} ssys another -1.50 would be interesting if and when gets there...
01[12:51] {@Threei} Short Setup: IWM  .80 break
01[12:52] {@Threei}  If holds  .90
[12:53] {RonS} all 3d pressured
[12:55] {dino} lol ron, but yes you are right
[12:56] {RonS} also means my .24 was a tj...
[12:57] {dino} keeping eye on it for monday, just ceo leaving/fired
01[12:58] {@Threei}  1:1
[12:59] {RonS} ya but its the 2nd time in 18 mos...the board is incompetant and/or nuts...
[13:00] {dino} probably both
[13:01] {dino} lfus smr s .20
[13:01] {fish_49} Skinny
[13:02] {dino} "thin"
[13:08] {mojo1} a little too thin huh dino?
[13:09] {fish_49} thin is the politically correct term  that is Skinny  lol
[13:10] {dino} time will tell
01[13:10] {@Threei}  1:2
[13:10] {thomcbell} makes sense
[13:10] {dino} gj
01[13:10] {@Threei}  ty
[13:10] {fish_49} ty
01[13:11] {@Threei}  1:3
01[13:11] {@Threei}  my a$$ is out
[13:12] {dino} caught the turn, nice
01[13:12] {@Threei}  fish, got IWM short?
[13:13] {fish_49} yes  got out 1:2  ty
01[13:13] {@Threei}  consolation prize :)
[13:13] {fish_49} lol
[13:13] {fish_49} was watching WMT and looked away and it took off
01[13:17] {@Threei}  TZA never gave an entry
[13:20] {munky} fb short loss of .10 vad?
01[13:21] {@Threei}  not sure
01[13:21] {@Threei}  it doesn't really follow SPY
[13:28] {munky} huh? which one?
[13:28] {fish_49} FB
01[13:28] {@Threei}  which one what?
[13:31] {RonS} who's on first?
[13:31] {fish_49} Ron
[13:31] {munky} what one?
[13:32] {RonS} lol...any news?
01[13:32] {@Threei}  on what?
[13:32] {fish_49} That pullback was a little erly...
[13:33] {fish_49} early
[13:33] {RonS} exactly...lol
[13:33] {munky} which one?
[13:33] {fish_49} the one on first
[13:33] {RonS} munky is killin me laughing so hard...
01[13:34] {@Threei}  and this is even before banana breakfast
[13:35] {ese} daaaaaaaaaa ej stoped .48 -.30
[13:35] {fish_49} small (10,000) shares?
01[13:35] {@Threei}  Ukraine has estimated a damage as a result of the nationalization of Ukraine's property in Crimea by Russia as hundreds of billion of US dollars and is going to appeal against this at international arbitration tribunals, Premier of Ukraine Arseniy Yatseniuk told journalists
[13:36] {dino} can't blame them for trying
01[13:36] {@Threei}  this is actually a good move
[13:37] {RonS} so, some dudes in the Hague going to rule, then collect?
[13:37] {RonS} good luck with that...
01[13:37] {@Threei}  arbitration tribunal rules in their favor, Russia refuses to pay of course, economic blocade goes up
[13:37] {fish_49} so if they collect money, in a way, Putin bought Crimea?
01[13:38] {@Threei}  and any funds that can be reached can be subjected to confiscation to satisfy tribunal ruling
01[13:39] {@Threei}  considering that Crimea is heavily subsidized, no one would ever want to buy it
01[13:39] {@Threei}  it's a financial burden on Russia as it is
[13:40] {fish_49} so the issue to Russia was more Location on the map?
01[13:40] {@Threei}  geostrategy
[13:40] {dino} cov/stop lfus .35 - .15
01[13:40] {@Threei}  access to Black Sea, the only warm waters point for Russia
01[13:41] {@Threei}  fleet controlling South
[13:41] {cosmo} who gets chernobyl?
01[13:41] {@Threei}  still Ukraine
[13:41] {cosmo} ic
01[13:41] {@Threei}  also, making Ukraine a country in conflict prevents its acceptance by NATO
01[13:46] {@Threei}  my good deed for the day is done - informed nemo that bp issue is resolved and he missed a few good trades
[13:46] {fish_49} yea better late than never  (To inform him)
[13:47] {fish_49} I messaged him once I got the confirmation email from NANKO folks
[13:47] {fish_49} Nonko*
01[13:47] {@Threei}  well, it's missing trades by him that delivered the most satisfaction
01[13:47] {@Threei}  The U.s. State Department’s Special Envoy for Energy Affairs Carlos Paqual estimated that over the next several years “at least 80-90 billion cubic meters of gas could enter the European market through new sources from Australia, Mozambique, Algeria, and other countries.”
[13:47] {fish_49} lol
01[13:47] {@Threei}  Russian gas giant Gazprom may lose the European energy marketm, since Europe can buy 160 billion cubic meters of gas from alternative sources – the exact amount it purchased from Gazprom in 2013, according to Carlos Pasqual
01[13:48] {@Threei}  now, that would really really hurt
[13:48] {fish_49} how much do they export
01[13:49] {@Threei}  historically, Russian leaders lost control over situation and country during low energy prices
01[13:49] {@Threei}  a lot
[13:49] {fish_49} near or more than 160 Billion Cubic feet?
01[13:49] {@Threei}  oil/gas needle is practically all the country lives on
[13:49] {dino} 30% of europes needs from russia
[13:50] {fish_49} can somoene sell it to EU cheaper and deliver it as efficient?
[13:51] {fish_49} SPY in bounce territory
[13:51] {dino} usa could, but govt roadblocks to exports and anti-frackers slowing down parts of exploration
[13:52] {dino} betcha france get rid of the anti-frack law soon
[13:52] {fish_49} frack the anti-frackers  I say Drill Drill Drill  as long as it is not in my state
[13:53] {dino} drbc holding my area up
[13:58] {thomcbell} data looks like an 85 short break if holding 85.20 for smallish shares
[13:58] {thomcbell} nope
[14:00] {fish_49} Dino  the new guy in DRBC is a water guru.  Wonder if he will want to side with the Fracking  Anti-Frackers
[14:04] {dino} hoping frackers. we've been doing it for 60 years, not like its new
[14:04] {fish_49} yea but that is why we have global warming
[14:04] {fish_49} or thats why we have a democratic president
[14:05] {fish_49} lol
[14:09] {mojo1} what's drbc dino?
01[14:10] {@Threei} Long Setup:  IWM  .325 break
01[14:10] {@Threei}  .25
[14:10] {fish_49} Delaware River Basin
01[14:10] {@Threei}  If holds  .15
01[14:11] {@Threei}  change to .20 break
01[14:11] {@Threei}  If holds  .10
01[14:13] {@Threei}  to .14
01[14:13] {@Threei}  meh
[14:14] {dino} delaware river basin committee
[14:17] {fish_49} Is the russell always that jerky?
01[14:20] {@Threei} Long Setup:  TZA  .10 break
01[14:20] {@Threei}  .80
01[14:20] {@Threei}  grrr
01[14:20] {@Threei}  If holds  .75
01[14:25] {@Threei}  VXX says TZA goes up
01[14:28] {@Threei}  TZA says "yes sir"
01[14:28] {@Threei}  half out .87
[14:28] {munky} why .87?
[14:29] {dino} gild drop
01[14:29] {@Threei}  1/4 more out .91
01[14:30] {@Threei}  stop .84
[14:31] {dino} smr l .30
[14:32] {RonS} Mercer? ya kiddin me? never even heard of it...
[14:33] {dino} just heard that, unbelievable
[14:33] {RonS} lol...some predicting Harvard/Mercer final
01[14:34] {@Threei}  PLUG Plug Power Inc Hearing a financial blog suggests the company may be close to signing a deal with Volkswagon
[14:34] {dino} gild to .50
[14:35] {dino} to .60
01[14:35] {@Threei}  out on a trail
[14:35] {goinshort} thanks V needed that one
[14:35] {fish_49} TY
[14:35] {fish_49} same here
01[14:35] {@Threei}  yw
01[14:36] {@Threei}  if not for the glitch in the morning, this would have been great day
[14:36] {fish_49} Mercer knocked them out of the tourny?
[14:36] {dino} out gild .68, +.38
[14:36] {fish_49} What the heck
01[14:36] {@Threei}  enough 1:3ers to cover anything
01[14:38] {@Threei}  timely exit on TZA
[14:38] {dino} i guess that duke porn star will be disappointed
[14:38] {fish_49} My nephew wrestles for Duke.  I'm sure he will be bummed
[14:42] {goinshort} TZA I bailed at .91 perfect timing
[14:43] {ese} L bldp .26 alot
[14:52] {cosmo} This year, March Madness will be brutal on the perennial favorites.
01[14:52] {@Threei}  BLDP... what do we trade next, KTEL?
01[14:52] {@Threei}  LOCK?
01[14:52] {@Threei}  BXMNF?
01[14:53] {@Threei}  really, such a blast from the past, lol
01[14:53] {@Threei}  GERN... STEM...
[14:53] {RonS} lol...how about PHOT...MJNA...HEMP?
01[14:53] {@Threei}  lol
01[14:53] {@Threei}  only I name actual ones :)
[14:55] {munky} just did wmt third time, .71 to .91
[14:56] {munky} luv that store
01[14:56] {@Threei}  this is addictive munky...
01[14:56] {@Threei}  careful or they may call you a part of walmart nation
01[14:56] {@Threei}  which btw must be purely USA issue
[14:56] {fish_49} I didn't know WMT had pets
[14:56] {munky} im gonna go there tonite and just hang out with the "people -of-walmart" he he
01[14:57] {@Threei}  when I see the photos from that series, I have to say never saw anything like that in any canadian walmart
[14:58] {munky} what, no monkeys running loose in canada? discrimination
01[14:58] {@Threei}  speaking of WMT as a part of our trading basket, it's relatively recent addition... a few months I think
[14:58] {dino} gild smr l .10
[14:58] {RonS} daughter says she moved from China because "got tired of feeling like a foreigner"...I said I went to Walmart and felt like a foreigner...
01[14:58] {@Threei}  hehe
[14:59] {munky} well muokys r a recent addition also
01[14:59] {@Threei}  how do you adjust Ron?
01[14:59] {@Threei}  nice to have family back?
[15:00] {RonS} ya, the baby is a sweetheart and the 2 1/2 year old is funny developing her language
[15:00] {dino} out gild .20, =.10
[15:00] {dino} +
01[15:00] {@Threei}  :)
[15:02] {munky} :D
[15:05] {munky} wmt getting intersting again
[15:05] {munky} vad, whats wmt personality into the bell as in sells off or power up?
[15:06] {dino} its kind of a bitch
[15:06] {RonS} outta here...see y'all Monday
[15:06] {dino} cya ron
[15:06] {dino} c'mon munky that was funny
[15:07] {munky} truly dont get the joke dino
[15:07] {dino} bitchy personality, wmt
[15:07] {munky} wmt a bitch?
[15:07] {munky} well i too .72 and look round 4k
[15:07] {dino} forget it, i must not be making sense. but nemo would've got it
[15:08] {munky} easiest nicest woman i had pleasure of pleasuring lol
[15:08] {mojo1} what about gild's personality.. psycho
[15:08] {munky} now gild is a witch, mean ole hag,m smacking evveryone around long short
[15:09] {dino} yeah, amazed at that one just because govt looks at pricing. other pharms not getting hit badly
[15:13] {ese} just caught your comment re bldp.......that is a blast from the past for sure.....hopefully it's retraced enough from that almost 10 dollar high
[15:13] {dino} hot tub time machine ese
[15:13] {ese} boy is it ever
[15:17] {munky} stop on wmt .61
[15:19] {dino} geos drop
01[15:20] {@Threei}  Geospace Technoloigies Corp. Discloses Seafloor Geophysical Solutions may postpone delivery of seafloor nodes
[15:20] {dino} geos smr l .35
01[15:21] {@Threei} Long Setup:  VXX  .30 break hl
01[15:21] {@Threei}  If holds  .20
[15:22] {dino} geos pulp
01[15:24] {@Threei}  meh
[15:24] {fish_49} yea  it looked right
[15:25] {goinshort} dang back to red again
[15:25] {goinshort} :)
01[15:26] {@Threei}  .l fb .10 break
01[15:26] {@Threei} Long Setup:  FB  .10 break
01[15:26] {@Threei}  If holds  67
01[15:28] {@Threei}  come on FB, clear sky to .30
06[15:29] * @Threei kicks FB in the rear
[15:31] {dino} wow gos crushed
06[15:36] * @Threei repeatedly kicks FB in the rear
01[15:39] {@Threei}  come on... 2 cents to 1:1, and you turn back?
06[15:39] * @Threei considers escalation of violence
[15:39] {fish_49} lol
[15:39] {thomcbell} this is bad bad action
06[15:39] * @Threei kicks FB in the rear with heavy duty army boots
[15:40] {cosmo} don't punch a hole in it
01[15:40] {@Threei}  like I care
[15:40] {fish_49} have munky buy a shit load more  and push it over the top
01[15:41] {@Threei}  I punch a hole, air comes out, pushes it up
[15:41] {cosmo} for only two seconds
[15:41] {cosmo} then its down
06[15:42] * munky slaps fish_49 around a bit with a large trout
01[15:42] {@Threei}  that's all we need
[15:42] {munky} thought i didnt see that fish?
[15:44] {dino} geos seems bit extreme over 29m order delay
[15:44] {dino} going to swing a few hundred shares over weekend
[15:45] {ese} me as well
[15:45] {ese} cya next week all
[15:45] {dino} cya
[15:46] {ese} later dino
[15:46] {dino} :)
01[15:47] {@Threei}  take care ese
01[15:47] {@Threei}  market is not ending on a happy note
01[15:49] {@Threei}  grrr
[15:49] {fish_49} yea  it has been heartless for a week now
[15:49] {fish_49} I think Munky broke it
01[15:49] {@Threei}  OK guys, have a good weekend
[15:49] {fish_49} see ya
01[15:49] {@Threei}  see you on Monday
[15:51] {dino} cya 3i
[15:53] {dino} well, theres a 1.30 on geos, but i want more
[16:02] {munky} alrighty, take care all