Wednesday, May 28, 2014

May 28 2014

A day of rinses - quite a few of those. A few scalps and two 1:3ers on FB erased most of the stops but still left a bit negative total.

Session Time: Wed May 28 00:00:00 2014

[08:49] {thomcbell} gm vad
01[08:49] {@Threei}  morning thom
[08:50] {thomcbell} missed yest looked like some good moves
01[08:51] {@Threei}  yup, decent day
[09:10] {dino} gm
[09:11] {RonS} top 'o the morning mateys
01[09:12] {@Threei}  dino, ron :)
[09:17] {troub} good morning you all
01[09:17] {@Threei}  troub :)
[09:18] {RonS} waiting for dsw at $24...kors gonna be pulp
[09:19] {dino} watching it
[09:19] {dino} syk spike
[09:20] {ese} morning
01[09:20] {@Threei}  ese :)
[09:21] {ese} am walking picket line this morning
01[09:21] {@Threei}  eww
[09:21] {ese} yup
01[09:21] {@Threei}  see dcc, ese
[09:22] {Alexs} good morning
01[09:22] {@Threei}  alex :)
[09:26] {RonS} syk report they are about to buy Smith & Nephew
[09:26] {goinshort} morning all!
01[09:26] {@Threei}  gs :)
[09:27] {dino} ty ron
[09:31] {RonS} mcd pressure
01[09:32] {@Threei} Short Setup: FB  .60 break
01[09:32] {@Threei}  If holds  .70
01[09:33] {@Threei}  1:1
01[09:36] {@Threei} Long Setup:  MCD  .35 break
01[09:36] {@Threei}  lol
01[09:36] {@Threei}  what's with teleportation
[09:37] {Alexs} spread
[09:37] {nemo} low early market volume
01[09:37] {@Threei}  not very MCD-like
01[09:37] {@Threei}  disregard
01[09:37] {@Threei} Long Setup:  FB  .30 break hl
01[09:37] {@Threei}  If holds  .20
01[09:38] {@Threei}  Invalidated
01[09:38] {@Threei}  change to .20 break
01[09:38] {@Threei}  If holds  .10
01[09:39] {@Threei}  1:1
[09:44] {nathan} hi gents
01[09:44] {@Threei}  hey nathan
01[09:45] {@Threei}  anyione held FB beyond 1:1?
01[09:45] {@Threei} Long Setup:  TZA  .35 break
01[09:45] {@Threei}  If holds  .30
[09:48] {ese} L powr .93
01[09:48] {@Threei} Long Setup:  FB  .40 break hl
01[09:48] {@Threei}  If holds  .30
01[09:49] {@Threei}  Invalidated
[09:49] {Alexs} FB = blackjack
01[09:50] {@Threei}  dunno... two trades worked today, and we are just 20 min in :)
[09:50] {Alexs} blackjack works sometime too
01[09:50] {@Threei}  what was it, Friday, when we had 2 1:3ers on it?
01[09:51] {@Threei}  meh TZA
01[09:51] {@Threei}  come on, don't exaggerate
01[09:53] {@Threei} Long Setup:  MCD  101 break
01[09:53] {@Threei}  If holds  .90
01[09:54] {@Threei}  shrug
[09:54] {Alexs} ?
01[09:54] {@Threei}  you got it?
01[09:54] {@Threei}  I looked away for a second, and it was over 1:1
[09:55] {Alexs} just cought about hl
01[09:55] {@Threei}  cool
01[09:55] {@Threei}  you know what to do then
[09:55] {Alexs} lol
[09:55] {ese} whoa....stopped powr .82 -.11
[09:56] {ese} whats with these sharp spikes down...spyders
[09:56] {ese} thats two of them today
01[09:57] {@Threei}  VVUS Aspen Investment Fund discloses 9.65% stake, evaluating making a non binding offer valued at $640M (implied $6.20/shr) - filing
01[10:01] {@Threei}  frikin TZA rinsed
01[10:01] {@Threei}  1:2
01[10:03] {@Threei} Long Setup:  GLD  .70 break
01[10:03] {@Threei}  If holds  .60
01[10:03] {@Threei}  lol VVUS... trap
01[10:06] {@Threei}  Invalidated  GLD
[10:11] {dino} tza l .51
[10:11] {Alexs} google unveils self-drivig prototype, would be interesting to see it on street of NYC I bet it won't survive 5 min
[10:11] {dino} chdn partial fill l .12
[10:12] {ese} google....they've been developing a car?
[10:12] {dino} drives itself
[10:12] {dino} for years ese
[10:13] {dino} something like 500,000 miles, no accidents, no tickets
[10:13] {ese} huh...go figur......didn't even hear
[10:13] {Alexs} http://www.independent.co.uk/life-style/gadgets-and-tech/news/google-unveils-plans-for-first-selfdriving-cars-9443111.html
[10:14] {nathan} http://www.google.com/about/careers/lifeatgoogle/self-driving-car-test-steve-mahan.html
[10:14] {dino} stop tza flat
[10:15] {dino} vad? when you trade tza, how many shares? takes alot to move it
[10:16] {nemo} why not just short the iwm?
[10:16] {ese} tks Alexs.....i like that electric part.....have been quietly buying shs in Ballard power
01[10:16] {@Threei}  depends on a stop, if 5 cents then a few thousands
[10:16] {Alexs} :)
[10:16] {dino} thats what i'm thinking, 1k not enough
01[10:32] {@Threei}  Ukraine's Foreign Ministry has asked the international community to take action and compel Russia to stop sending terrorists and weapons to the territory of Ukraine.
01[10:32] {@Threei}  yup... wag a finger at it
01[10:33] {@Threei} Long Setup:  IWM  .90 break
01[10:33] {@Threei}  If holds  .80
[10:35] {ese} (US) Nevada reports April casino Rev $852M, -0.27% y/y; Las Vegas strip Rev $462.9M, +3.19% y/y - Source TradeTheNews.com
[10:35] {ese} hmmmmmmm......
[10:36] {ese} thats a crap load of discretionary funds
[10:38] {ese} live....up 34%
01[10:38] {@Threei}  no go
[10:38] {ese} and no hooker spread
01[10:39] {@Threei}  (US) President Obama: Isolationism is not an option for the US, however threshold for taking military action needs to be higher when there is no direct threat to the US - West Point speech- We should only pursue military strikes when there is an imminent threat. - Reserves right to continue use of unilateral military action when core national security interests require it. - Biggest direct threat to the US and the world is terrorism, particularly from Al Qaeda affiliates and extremists. - Need to shift counter-terrorism strategies, partner more with other nations. - US will boost support for Syria's neighbors, including Jordan, Lebanon, Turkey and Iraq - Odds of a deal with Iran are still pretty long, but there is still a chance for a deal
01[10:40] {@Threei} Long Setup:  CAT  .40 break
01[10:40] {@Threei}  If holds  .30
01[10:45] {@Threei}  ugh
[10:46] {dino} tza l .58
01[10:49] {@Threei}  GLD short at .40... whny did I look at it for minutes and never called it
[10:49] {RonS} Churchill Downs (CHDN) entered into a binding term sheet with The Stronach Group under which TSG will operate, at TSG's expense, live racing and maintain certain facilities used for racing and training at Calder Race Course. The transaction is anticipated to be completed by June 30, 2014 and is contingent upon regulatory approval and certain amendments to Calder's agreement with the Florida
[10:49] {RonS} Horsemen's Association.
[10:49] {dino} tza stop .55 -.03
[10:50] {nathan} gotta leave for today
[10:50] {nathan} g.luck
[10:50] {nathan} try to connect at night
01[10:57] {@Threei} Long Setup:  TWTR  .50 break
01[10:57] {@Threei}  If holds  .40
[10:58] {dino} ddd hl l .28
01[10:59] {@Threei}  CAT, another rinse
[11:07] {dino} out ddd .68, +.40
01[11:07] {@Threei}  wtg
[11:08] {Alexs} make sense to trail stop to .44?
01[11:08] {@Threei}  yup
01[11:08] {@Threei}  just started typing that
01[11:16] {@Threei}  what the deuce today
01[11:20] {@Threei}  STJ FDA approves first implantable wireless device with remote monitoring to measure pulmonary artery pressure in certain heart failure patients (update)
[11:22] {thomcbell} swks 42.02 long brak if holding 41.92
01[11:26] {@Threei} Long Setup:  FB  .25 break
01[11:26] {@Threei}  If holds  .15
[11:27] {dino} vad, ty heads up, out stj +.20
01[11:27] {@Threei}  :)
[11:29] {thomcbell} swks nada
[11:29] {thomcbell} going to continue to watch this one
01[11:29] {@Threei}  nice wall to break FB
[11:29] {dino} reloaded .55
01[11:31] {@Threei}  1:1
[11:32] {dino} out stj .86, +.31, ty again vad
01[11:32] {@Threei}  yw :)
[11:34] {dino} wow, still going up
01[11:34] {@Threei}  1:2
06[11:34] * @Threei slants at Alex with Lenin-like sly smirk
[11:35] {dptl} good morning
01[11:35] {@Threei}  hey dp
[11:36] {dptl} slept in
[11:36] {dptl} :)
01[11:36] {@Threei}  1:3  FB  close enough
01[11:36] {@Threei}  out
06[11:37] * @Threei slaps dptl around a bit with a large alarm clock
[11:38] {dptl} that would worked better then just an alarm ..lol
[11:39] {dino} uthr smr l .60 stop .39
[11:40] {dino} pbyi spike
[11:46] {Alexs} could you post a picture of Lenin sly smirk Vad? :)
01[11:47] {@Threei}  lemme look
01[11:49] {@Threei}  http://larinda.ru/images/stories/jurnal-4/3d%20-%200002-1.jpg
[11:50] {thomcbell} aal 39.60 long break
[11:50] {Alexs} no, no smirk there
01[11:51] {@Threei}  http://haharoni.files.wordpress.com/2009/02/bukvar-006.jpg?w=219&h=300
[11:52] {Alexs} rofl that's better
01[11:52] {@Threei}  don't be so picky, or I'll switch to Stalin's smile: http://www.ljplus.ru/img4/i/v/ivonn/Spasibo-Stalinu-za-detstvo_-1936.jpg
[11:53] {dptl} lol
[11:53] {Alexs} nice one:)
[11:54] {thomcbell} aal 1:1 kind of
[11:54] {Alexs} children look like after closing FB 1:3
[11:54] {RonS} freakin twtr
01[11:55] {@Threei}  and Stalin gave them that happy childhood
01[11:56] {@Threei}  no kidding, TWTR
01[11:56] {@Threei}  a few too many rinses
[11:56] {Alexs} yeah it's like you after nice call
01[11:57] {@Threei}  except I don't send everyone to Siberia right after
01[11:58] {@Threei}  to cut trees in the glory of proletariat
[11:58] {Alexs} you're just at the beginning of way up...
[12:01] {nemo} that was Zhukov's line
01[12:01] {@Threei}  me geography rather dictates drowning people in the ocean
01[12:01] {@Threei}  my
01[12:01] {@Threei}  if after this Sunday you never hear from fish again, you know I started practicing
[12:01] {Alexs} lol, told you
[12:08] {Alexs} yhoo long .90?
01[12:09] {@Threei}  50/50
01[12:09] {@Threei}  maybe works straightforward, maybe time to switch to buying shakeouts
[12:10] {Alexs} lunch time?
[12:11] {dino} uthr to .95
01[12:13] {@Threei}  yeah
[12:16] {dino} out uthr .97, +.37
[12:21] {RonS} ese off to paint strike signs?
[12:22] {Alexs} 'buying shakeouts' means when it breakes stop level buy on recross?
01[12:22] {@Threei}  right, DKTK
01[12:22] {@Threei}  watch SPY though
01[12:23] {@Threei}  if this is beginning of real dowdraft, YHOO may not recover
[12:23] {Alexs} yeah I see
[12:25] {thomcbell} wow vad that was some entry on twtr
01[12:26] {@Threei}  yeah
01[12:29] {@Threei}  starts looking right for entry, alex, watch SPY for help
[12:31] {Alexs} ok thanks
[12:52] {Alexs} MCD short .15?
01[12:55] {@Threei}  looks right
01[12:58] {@Threei}  not anymore
01[13:01] {@Threei}  (UR) Ukraine PM Yatsenyuk: Eastern Ukraine situation is deteriorating; requesting Russia block the border to prevent terrorists from entering- Notes that the situation could be handled in a week if Russia was not involved, Russia is supporting the separatists
01[13:01] {@Threei}  and sun rises in the east
01[13:02] {@Threei}  (UR) Reportedly UN Security Council to meet this afternoon to discuss Ukraine situation- Meeting to reportedly take place at 15:00ET
01[13:03] {@Threei}  1:1  YHOO
[13:03] {Alexs} ukrainian government so helpless
01[13:03] {@Threei}  alex... DKTK, right after sliced bread
01[13:04] {@Threei}  they really are
[13:04] {Alexs} didn't get it (
01[13:04] {@Threei}  how??
01[13:04] {@Threei}  it was thewre for 30 min
01[13:04] {@Threei}  ok, 20
[13:04] {Alexs} yeah decided no to go
01[13:07] {@Threei}  they are facing unconventional war waged in the middle of their population, amidst their own huge changeover and total disorganization, with enemy that deeply penetrated their intelligence and troops, after two decades of rampant corruption
01[13:07] {@Threei}  kind of difficult to expect them to be highly effective, lol
[13:10] {dino} took all day, but out chdn 85.28, +1.16
[13:10] {Alexs} they lost their time, now new president have no time actually, one more month of meaningless talking and promises an he will lost the power
[13:11] {Alexs} Jullia will arrive on a white horse
[13:13] {Alexs} Ytsenyuk is a freaking clown
01[13:20] {@Threei} Short Setup: FCX  .70 break
01[13:20] {@Threei}  If holds  .75
[13:45] {dino} zen spike
[13:45] {RonS} must be karma
[13:46] {dino} lol
[13:46] {dino} you hit dsw yet today?
[13:46] {dino} yy luv
01[13:47] {@Threei}  lol
[13:47] {RonS} no, total volume and block volume way too high...dsw
[13:48] {dino} will watch it tomorrow and friday
[13:48] {dino} tight range day
[13:53] {RonS} squeeze developing cetv
01[13:57] {@Threei} Long Setup:  FB  .10 break
01[13:57] {@Threei}  If holds  64
01[14:04] {@Threei}  no go
[14:05] {Alexs} Alex slants at Vad with Yatsenyuk like malevolent smirk
[14:05] {dptl} ebay
01[14:05] {@Threei}  don't even
[14:05] {dptl} .50 short
01[14:05] {@Threei}  keep that creep out of here
01[14:05] {@Threei}  he is a female repellent
01[14:06] {@Threei}  and count is not in your favor... 3 wins, 1 loss on FB today?
[14:07] {Alexs} oh well...
01[14:07] {@Threei}  also... if you put Lenin and Yatsenyuk on boxing ring... I'll bet on Lenin {GGG}
[14:08] {Alexs} lol, of course
01[14:09] {@Threei}  one fistfight Yatsenyuk won in his life was against his own nose when he lost his glasses after 2nd bottle of beer
[14:11] {Alexs} If it was Lenin all separatist were hanged upside down with their families next day
[14:13] {Alexs} he was the kindest man
01[14:16] {@Threei}  certainly
[14:19] {thomcbell} bizarre chart on pkg daily
[14:20] {thomcbell} looks like it is coiled to go higher
01[14:23] {@Threei} Short Setup: FB  .90 break
01[14:23] {@Threei}  If holds  64
[14:24] {dino} dsw hl l .55 stop lod bk
01[14:29] {@Threei}  1:1
06[14:29] * @Threei and Lenin slant at Alex and Yatsenyuk
[14:30] {Alexs} rofl
01[14:30] {@Threei}  1:2
01[14:30] {@Threei}  :)
[14:31] {nathan} well gents have a good night
01[14:31] {@Threei}  have a good one nathan
01[14:33] {@Threei}  1:3
01[14:33] {@Threei}  me out
01[14:33] {@Threei}  that's 4 to 1 Alex, with 2 of them being 1:3ers
01[14:34] {@Threei}  that's no blackjack
[14:34] {Alexs} ok you won :)
01[14:34] {@Threei}  of course - having Lenin in my corner... {G}
01[14:35] {@Threei}  and Stalin in reserve
01[14:35] {@Threei}  now, how did I find myself in one corner with those bandits?? :)
[14:37] {Alexs} if it helps to make money why not
01[14:37] {@Threei}  wow... this thing visits Victoria mid-June: https://www.facebook.com/photo.php?fbid=330031557144374&set=pcb.330031643811032&type=1&theater
[14:38] {thomcbell} darn aal worked nicely today
01[14:38] {@Threei}  nuclear-powered warship USS Nimitz
01[14:38] {@Threei}  crew of nearly 5,000
01[14:38] {@Threei}  you guys want to annex our island or what
01[14:39] {@Threei}  80-plus combat aircraft - two would be enough to take us over
[14:39] {RonS} lol
01[14:39] {@Threei}  our airforce is canadian geese
01[14:40] {@Threei}  a whole lot of them
[14:40] {RonS} and they are here in Denver
01[14:40] {@Threei}  they will pinch you to death
01[14:40] {@Threei}  mean creatures
[14:40] {Alexs} of course more things to do in BC than in Ukraine
[14:40] {RonS} more like crap you to death...
01[14:40] {@Threei}  totally
01[14:41] {@Threei}  just so you know what you would be dealing with Alex:
01[14:41] {@Threei}  local imbeciles hired a guy with a dog, to get rid of geese around the lake in a popular park
01[14:41] {@Threei}  dog run around barking at geese
01[14:41] {@Threei}  geese took off
01[14:41] {@Threei}  guy got pid
01[14:41] {@Threei}  paid
01[14:41] {@Threei}  geese landed back
01[14:42] {@Threei}  still want to annex us? :)
01[14:42] {@Threei}  our local govt, so called CRD, is setting new records of stupidity daily
[14:43] {Alexs} we need to do it first or Russia will be there
01[14:43] {@Threei}  scary to admit, but probably has ukrainian govt beat down
[14:43] {Alexs} lol
01[14:43] {@Threei}  well, if it's a choice between you and russia, sure, go ahead
01[14:44] {@Threei}  but at least fire our mayor
01[14:44] {@Threei}  please?
[14:46] {Alexs} we will send you de Blasio from NYC
01[14:46] {@Threei}  great... one idiot for another
01[14:47] {@Threei}  dp's EBAY works
01[14:47] {@Threei}  you are awake dp?
[14:47] {dptl} :)
[14:54] {dptl} out ebay .32
[14:55] {dptl} also shorted wfm .95...hoping it will break lod..but thing just froze
06[14:57] * @Threei pours boiling water on WFM
[14:57] {dptl} better just smack it with your 2x4 ..lol
01[14:59] {@Threei}  that would be so cruel
01[15:00] {@Threei}  (in truth, I broke 2x4 of FB today, squeezing 2 1:3ers out of it)
[15:00] {dptl} :)
[15:02] {dptl} hate that stock...and site too....so anoying, closed my account last week
[15:03] {dptl} getting old for that i guess :)
01[15:04] {@Threei}  what did you have account with them for?
[15:05] {dptl} dont even know now...curios i guess
01[15:10] {@Threei} Short Setup: TWTR  .30 break
01[15:10] {@Threei}  If holds  .40
01[15:12] {@Threei}  no go
01[15:17] {@Threei}  a lot of rinses today
01[15:18] {@Threei}  way above norm
[15:21] {goinshort} yep, should of quit this morning - cya tomorrow -thanks all!
01[15:21] {@Threei}  take care gs
01[15:22] {@Threei} Short Setup: GLD  .15 break
01[15:22] {@Threei}  If holds  .20
[15:31] {dino} uthr hl l .25 ave stop lod
[15:41] {dino} dsw to b/e
[15:48] {dino} out dsw .65, +.10
01[15:49] {@Threei}  not bad for the finish
01[15:49] {@Threei}  die GLD
[15:50] {Alexs} are you praying, asking or ordering?
01[15:52] {@Threei}  hmmm
01[15:52] {@Threei}  politely suggesting?
[15:52] {dino} uthr stop .18, -.07
[15:53] {dino} gn all, tee time in 30
[15:53] {Alexs} like ukrainian government?
01[15:54] {@Threei}  take care dino
[15:57] {Alexs} GLD likes humiliation I guess
01[15:58] {@Threei}  OK, time's running out
01[15:58] {@Threei}  thank you all, hava a good evening
01[15:58] {@Threei}  see you tomorrow
[15:58] {dptl} out wfm .86
[15:58] {dptl} good night all see ya tomorrow

Tuesday, May 27, 2014

May 27 2014

Calm and profitable day, with somewhat shaky back-and-forth start followed by steady stream of winning trades ranging from scalps to 1:3ers.


Session Time: Tue May 27 00:00:00 2014
[08:57] {dptl} good morning
01[08:57] {@Threei}  dp :)
01[08:59] {@Threei}  have you ever been to Donetsk?
[08:59] {dptl} no
01[09:00] {@Threei}  it's so weird to see this huge firefight in and around train station
01[09:02] {@Threei}  when it's places you know, it's especially surreal
[09:03] {dptl} yeah...
[09:06] {Alexs} good morning
01[09:07] {@Threei}  alex :)
[09:08] {dino} gm
01[09:08] {@Threei}  dino :)
01[09:09] {@Threei}  Reports suggest Ukraine looking to establish joint military unit with Poland and Lithuania
01[09:09] {@Threei}  sneaking into NATO via backdoor
[09:11] {RonS} howdy todos gente
01[09:11] {@Threei}  Ron :)
[09:15] {troub} good morning you all
01[09:15] {@Threei}  troub :)
01[09:16] {@Threei}  FB... .70 - .65 zone break short idea
[09:21] {RonS} anyone remember the Canadian company that will build the Keystone Pipeline?
01[09:21] {@Threei}  TXR?
01[09:22] {@Threei}  no
[09:22] {RonS} don't think so...
01[09:22] {@Threei}  something similar
01[09:23] {@Threei}  TRP
01[09:24] {@Threei}  TransCanada
[09:24] {RonS} yes, thanks
[09:24] {ese} morning
01[09:24] {@Threei}  ese :)
[09:24] {ese} everyone have a good long weekend i trust
[09:24] {ese} vad
[09:25] {ese} Ron
[09:25] {RonS} PF going to have pressure
01[09:26] {@Threei}  ese, have you seen Bobby McFerrin will be at jazz fest?
[09:27] {ese} yes......am going to that concert
01[09:27] {@Threei}  :)
01[09:27] {@Threei}  got coupla more tickets?
[09:27] {ese} I get in for free because my band is playing at Jazz fest
[09:28] {ese} the Vic High band that is
01[09:28] {@Threei}  that's why I ask :)
[09:28] {Alexs} lol
[09:28] {ese} I can certainly try
01[09:28] {@Threei}  FB looks right...
01[09:28] {@Threei}  ugh
01[09:28] {@Threei}  got away
01[09:29] {@Threei}  let's see if repeats after open
01[09:30] {@Threei} Short Setup: FB  .70 break
01[09:30] {@Threei}  Invalidated
01[09:31] {@Threei} Short Setup: FB  .10 break break
01[09:31] {@Threei}  If holds  .20
01[09:33] {@Threei}  no go
01[09:33] {@Threei} Short Setup: C  .90 break
01[09:34] {@Threei}  If holds  .95
01[09:34] {@Threei}  Invalidated
01[09:35] {@Threei} Long Setup:  TZA  .50 break
01[09:36] {@Threei}  If holds  .45
01[09:36] {@Threei}  rinse FB
01[09:36] {@Threei}  somg
01[09:39] {@Threei}  half out
01[09:40] {@Threei}  stop .49
01[09:45] {@Threei}  *(US) MAY PRELIMINARY MARKIT SERVICES PMI: 58.4 V 54.5E
01[09:47] {@Threei} Short Setup: JPM  .15 break
01[09:47] {@Threei}  If holds  .25
[09:48] {dino} 'hooker, smr l pcyc .58
[09:51] {Alexs} GLD looks short
01[09:57] {@Threei}  .75 break, probably
01[09:58] {@Threei}  *(US) MAY RICHMOND FED MANUFACTURING INDEX: 7 V 5E
01[09:59] {@Threei}  *(US) MAY CONSUMER CONFIDENCE: 83 V 83.0E
01[10:03] {@Threei}  1:1  JPM
01[10:09] {@Threei} Short Setup: P  .75 breeak
[10:09] {dino} drtx gap fill, odd, drug approval
01[10:09] {@Threei}  If holds  .85
01[10:11] {@Threei}  Invalidated
[10:11] {dino} drtx smr l .51
01[10:12] {@Threei}  next spot of world-influencing disturbance:
01[10:12] {@Threei}  (SR) Saudi Arabia King Abdullah's deputy heir, Crown Prince Muqrin bin Abdulaziz, is said to face resistance from some quarters of the Saudi elite - Washington Post- Muqrin is the king's younger brother and appears to be popular among ordinary people, who say he is not corrupt. - Muqrins elevation is unpopular in some quarters due to questions about the validity of his newly created title and his pedigree as the son of a Yemeni concubine who was never formally married to his father. - Naming of Muqrin skipped over at least two other brothers, upsetting the unspoken rule that the succession passes down according to age
[10:14] {dino} lol like age has anything to do w/smarts
01[10:14] {@Threei}  " his newly created title and his pedigree as the son of a Yemeni concubine" - and we thought we had problems
[10:15] {dino} perhaps that concubine put in extra effort
01[10:15] {@Threei}  lol
01[10:16] {@Threei}  alex, you took GLD?
01[10:16] {@Threei}  nice selling
[10:19] {Alexs} yeah was just a scalp though
01[10:20] {@Threei} Long Setup:  TWTR  .70 break
01[10:20] {@Threei}  If holds  .60
01[10:25] {@Threei}  trail stop to .64
01[10:25] {@Threei}  1:1
[10:26] {dino} drtx stop to .01
[10:27] {nemo} yy looks short
01[10:30] {@Threei}  *(US) MAY DALLAS FED MANUFACTURING ACTIVITY: 8 V 9.2E
[10:31] {dino} to .21
01[10:31] {@Threei}  GLD is clobbered
01[10:32] {@Threei}  (must be manipulation)
[10:32] {Alexs} rinsed my second half (
[10:32] {dino} out drtx .16, slip, +.65
01[10:33] {@Threei}  wtg
[10:33] {dino} ty
[10:33] {troub} good one dino
[10:34] {dino} ty
[10:35] {Alexs} MCD short Vad?
01[10:35] {@Threei}  no sure, no clear setup
01[10:47] {@Threei} Long Setup:  CAT  .45 break
01[10:47] {@Threei}  If holds  .35
[10:57] {Alexs} doing a full lot CAT Vad?
01[10:57] {@Threei}  yeah
[10:59] {dino} sm l .76
01[11:01] {@Threei}  nah
[11:02] {RonS} having trouble finding the symbol .76
01[11:03] {@Threei}  lol
[11:09] {dino} petm stop .64 -.12
01[11:09] {@Threei} Short Setup: P  .85 break
01[11:09] {@Threei}  If holds  .95
[11:13] {Alexs} HPQ .90 short?
01[11:13] {@Threei}  rather .95 long
[11:14] {Alexs} interesting
[11:14] {cosmo} can't understand it....prec mteals are supposed to ralley at times of rising war tensions
01[11:15] {@Threei}  yes
01[11:15] {@Threei}  but there is no war tensions
[11:15] {dino} up is down cosmo
[11:15] {cosmo} ah
[11:15] {cosmo} phoney tensions?
01[11:16] {@Threei}  from market point of view, there is new president, more promise of stability and Putin making peaceful noises
[11:16] {dino} scanners not throwing much out
01[11:16] {@Threei}  internal battles in Ukraine is not of market's concern
01[11:16] {@Threei}  war between countries is
[11:17] {RonS} celg spike
01[11:17] {@Threei}  and even that is limited to a degree to which it's likely to involve others
[11:17] {cosmo} ic
[11:18] {dino} markets have already ngiven ukraine to russia
01[11:19] {@Threei}  or at least stated that they don't care whether it remains whole or independent - as long as no open war breaks out
[11:19] {RonS} whr pressure
01[11:19] {@Threei}  - Gold prices have slid nearly 2% through the European session on a number of factors. China's gold imports from Hong Kong fell in April amid signs that investment demand is waning. The election in Ukraine provided a decisive outcome and Russia has made conciliatory noises. There has been some follow-on effect from falling platinum prices, after South Africa's mining minister pledged to mediate in a long-running strike
01[11:20] {@Threei}  of course those noises are just that, as Russia continues supporting and supplying rebels
01[11:20] {@Threei}  but there is no invasion, and that's all markets care about
01[11:20] {@Threei}  1:1  P
[11:21] {cosmo} So then, ultimately gold will serve those best who can fashion it into a weapon of valor for personal protection.
[11:22] {cosmo} just a theory
[11:24] {Alexs} HPQ is working Vad 1:1
01[11:24] {@Threei}  :)
01[11:24] {@Threei}  took it?
[11:24] {Alexs} hl
01[11:24] {@Threei}  cool
01[11:25] {@Threei}  why hl? it's quite thick
[11:26] {Alexs} was against my view lol
01[11:27] {@Threei}  "discomfort and profit go hand in hand"
[11:27] {Alexs} right
01[11:27] {@Threei}  {--- said his smart thing for the day and fell asleep
[11:28] {Alexs} rofl
[11:33] {RonS} looks like people falling over themselves guessing who pfe tries to buy next  CELG ALNY etc
[11:46] {dino} took all morning, but out pcyc .98, +1.40
01[11:46] {@Threei}  wtg
[11:46] {dino} ty, brb
[11:48] {ese} ya but......your good at this dino....nice one
[11:52] {RonS} Egypt extends presidential election vote to 3rd day
[11:52] {RonS} ...what?  turnout then 500%?
01[11:53] {@Threei}  Election is not legitimate unless winner gets 146% ~Putin V. V.
[11:54] {RonS} had a whole war before in 3 days...
[11:54] {RonS} celg gone pulp
01[12:08] {@Threei} Short Setup: FB  .80 break
01[12:08] {@Threei}  If holds  .90
[12:13] {ese} cya tomorrow gents.....and possibly ladies
01[12:13] {@Threei}  take care ese
01[12:13] {@Threei}  Yahoo! Inc Could launch its planned online video site later this summer - Advertising Age- Yahoo plans to offer content producers more generous revenue-sharing deals (Google takes 45% of the ad revenue) or fixed ad rates that are significantly higher than YouTube currently offers.
[12:13] {ese} cya vad
01[12:14] {@Threei} Short Setup: C  .10 break
01[12:15] {@Threei}  If holds  .20
[12:15] {Alexs} c
01[12:16] {@Threei}  oh lord... ad for a grill located on the floating dock, obviously fashioned after the worst Ron's lines:
[12:16] {dino} cya ese
01[12:17] {@Threei}  Grilligan's at Fisherman's Wharf Victoria - Where Bouy Meets Grill.
[12:17] {RonS} classic
01[12:17] {@Threei}  Ron... it's contagious, and spreading...
01[12:19] {@Threei}  image of Fisherman's wharf: http://www.arrestinglight.com/downtown/h2242513D#h2242513d
[12:21] {dino} one day i will be on a cruise, turn the corner, and bump into vad, the ships photographer
01[12:21] {@Threei}  easy
[12:21] {dino} :)
01[12:21] {@Threei}  fish is going to meet me next sunday just this way
01[12:22] {@Threei}  he is here on his way back from Alaska cruise
[12:23] {dino} nice
[12:30] {Alexs} JPM was a better vehicle for that brakedown
01[12:31] {@Threei}  If I were as smart yesterday as my wife is today {G}
[12:31] {Alexs} rofl
01[12:31] {@Threei}  anyway, stop to .16
01[12:34] {@Threei}  noq, this is a meaningless line if I ever saw any:
01[12:34] {@Threei}  Ukrainian Congress Committee of America declares presidential elections free and democratic
01[12:35] {@Threei}  anyone asked them? their seal of approval is needed? Anyne even knew they existed?
[12:35] {Alexs} that's exactly what Ukraine expected from them
01[12:35] {@Threei}  I doubt there is more than 10 people in Ukraine that ever heard about them
[12:37] {Alexs} and as many people in that Congress I guess
01[12:37] {@Threei}  now, there is an insurance company that insured Donetsk airport... I expect bankruptsy any day now
01[12:37] {@Threei}  lol, true
01[12:37] {@Threei}  youngest is 92
01[12:37] {@Threei}  he is the one they sent for coffee
01[12:37] {@Threei}  because he brings it in under 4 hours
01[12:38] {@Threei}  the rest take 3 days, and police help to locate the office
[12:41] {Alexs} Poroshenko promissed his first trip will be to Donetsk I guess he decided to send a couple of bombers first
01[12:41] {@Threei}  paving the road?
[12:41] {Alexs} lol
01[12:42] {@Threei}  I don't know what he is hoping to achieve there. People's governor" refused to meet with him
01[12:42] {@Threei}  who is he going to talk to?
[12:43] {Alexs} I don't think he will go there in the nearest future
01[12:43] {@Threei}  he also gave another promise that raised a lot of brows:
01[12:43] {@Threei}  finish anti-terrorist operation succesfully in hours
01[12:44] {@Threei}  good luck with that
01[12:47] {@Threei}  meh C
[12:53] {Alexs} GLD short Vad?
01[12:53] {@Threei}  .87 break yes
01[12:53] {@Threei}  just was looking at it
01[12:53] {@Threei} Short Setup: GLD  .87 break
01[12:53] {@Threei}  If holds  .95
01[12:56] {@Threei}  when you have 5 min, tell me how laughable my 23,400 result is: http://testyourvocab.com/
01[13:01] {@Threei}  (UR) Ukraine Foreign Min: Russia has been financing terrorists and has been doing nothing to prevent further infringment at the border
01[13:01] {@Threei}  nothying? it organized it
01[13:02] {@Threei}  trucks and buses with people and weapons
01[13:02] {@Threei}  1:1  GLD
[13:05] {dptl} p
01[13:05] {@Threei}  .60 break yes
[13:05] {Alexs} tza
01[13:05] {@Threei}  if I read you right
[13:05] {dptl} yes
01[13:06] {@Threei}  although you could indulge us and speak in more than one letter
[13:06] {dptl} lol...ok :)
01[13:06] {@Threei}  couple syllables, as a token of respect?
01[13:06] {@Threei}  there
01[13:06] {@Threei}  see, was it hard? :)
[13:07] {dptl} :)
[13:12] {dino} tza l .34
[13:23] {nathan} hi gents
[13:25] {Alexs} cat looks short
01[13:25] {@Threei}  hey nathan
01[13:26] {@Threei}  .95 alex?
[13:26] {Alexs} yes
01[13:26] {@Threei}  why not
01[13:26] {@Threei}  stop is very tight
01[13:30] {@Threei}  P finally starts taking shape
[13:30] {dptl} i took some at .64
[13:30] {dptl} short
[13:30] {dptl} will add
01[13:34] {@Threei}  CAT 1:1
[13:36] {nathan} C ?
[13:36] {nathan} no news on C?
01[13:37] {@Threei}  Citigroup Inc CFO: Trading revenue in Q2 is down 20-25% y/y so far, consumer revenue to be flat q/q - Deutsche Bank conf comments- Institutional revenue to decline in Q2 - Investment banking revenue in Q2 expected to rise q/q - Loan demand remains choppy.
[13:37] {Alexs} very good news
[13:38] {nathan} by the way, Thanks Alexs for CAT
[13:38] {Alexs} :)
[14:03] {Alexs} cat 1:2
01[14:03] {@Threei}  P works nicely too
06[14:03] * @Threei slaps dptl around a bit with a large roll of cash
01[14:03] {@Threei}  just in case he fell asleep
06[14:04] * @Threei slaps nemo around a bit with a large trout
01[14:04] {@Threei}  just in case
[14:06] {Alexs} 1:3 cat out
01[14:06] {@Threei}  wtg
[14:06] {Alexs} ty
01[14:07] {@Threei}  I am afraid dp did fall asleep
01[14:07] {@Threei}  P drops, he is silent
[14:07] {dino} i'm about to
[14:08] {Alexs} money likes silence
[14:15] {dptl} out p
[14:15] {dptl} .46
01[14:15] {@Threei}  finally... wakey wakey
[14:15] {dptl} lol
[14:18] {dino} tza stop .29 -.05
01[14:20] {@Threei}  1:2  P
[14:21] {nathan} nice P
[14:22] {dptl} lol..sounds funny
[14:22] {nathan} :-)
01[14:22] {@Threei}  pk... let's try this: "Nice 3.14"
01[14:22] {@Threei}  still funny?
[14:22] {dptl} better..lol
01[14:37] {@Threei}  1:3  3.14
[14:37] {dptl} yep
[14:37] {Alexs} you should keep it to 1:3.14
01[14:37] {@Threei}  too sofisticated math
01[14:37] {@Threei}  I am a simple man
[14:40] {Alexs} btw have you seen "life of pi" nice movie
01[14:41] {@Threei}  no...
01[14:42] {@Threei}  I need to see how Jack Bauer saves the world first
[14:43] {Alexs} no, really "life of pi" is very good
[14:47] {dino} invention of lying was funny
[14:47] {RonS} best thing is the cinema photography...interesting story...bit over the top
[14:50] {nathan} dino watch TEVA spike
[14:51] {dino} patent ruling
[14:52] {Alexs} AIG short .80?
01[14:53] {@Threei}  not sure...
01[14:54] {@Threei} Long Setup:  IWM  .40 breal
[14:55] {dino} cone
01[14:55] {@Threei}  If holds  .30
01[14:58] {@Threei}  Kyiv sends protest note to Russia due to border trespass by armed people
01[14:58] {@Threei}  Russia: why would we stop now?
[14:59] {Alexs} why Ukraine let them get in?
01[14:59] {@Threei}  they didn't go through the checkpoints
01[14:59] {@Threei}  it's a very porous border
01[15:00] {@Threei}  dozens of side roads
[15:00] {cosmo} maybe they already live there?
[15:00] {dino} sabr drop
[15:01] {dino} l .29
[15:01] {dptl} test
[15:01] {Alexs} they should strengthen border in that case
01[15:01] {@Threei}  easier said than done
01[15:02] {@Threei}  look at the map
[15:02] {RonS} dino, what dollar?  lol
[15:02] {Alexs} yes but you think it's easier to fight them inside the country?
[15:02] {dino} 17
01[15:02] {@Threei}  I don't think there is any obvious option
01[15:03] {@Threei}  endless rural space, largely controlled by rebels
[15:03] {Alexs} so then just give up...
01[15:04] {@Threei}  to send that many troops to the border means essentially to fight your way through
01[15:04] {@Threei}  all the eorads go through the towns controlled by rebels
01[15:04] {@Threei}  no one says give up
01[15:04] {@Threei}  I a saying there is no easy obvious solution
01[15:04] {@Threei}  it's a real war, in towns and cities with civil population
01[15:05] {@Threei}  where rebels shoot from the densely populated areas
01[15:06] {@Threei}  where tyey get to more or less open areas, they suffer heavy casualtes, like in airport
01[15:06] {@Threei}  but fir the most part they dont
[15:07] {dptl} test
[15:08] {dptl} am i here?
06[15:08] * @Threei slaps dptl around a bit with a large "TEST THIS!" banner
[15:08] {dptl} lol...ok i am here :)
[15:09] {dptl} just installed mirc on other comp
01[15:09] {@Threei}  "I am slapped therefore I am"
[15:09] {dptl} thats right :)
[15:10] {Alexs} I think Poroshenko knows easy solution when he promise to finish it quickly
[15:11] {dptl} sounds scary
01[15:13] {@Threei}  we will see...
01[15:13] {@Threei}  I know what I'd do if I were him
[15:13] {Alexs} he needs to show strength or he will lose the power very soon
[15:14] {Alexs} no other way
01[15:14] {@Threei}  yes... and more than that,
01[15:14] {@Threei}  do it quickly, do it decisively and call Putin's bluff
01[15:14] {@Threei}  now that Putin demonstrated that he doesn't want to invade, attack rebels
01[15:15] {@Threei}  and put him in the corner: invade if you want. get guerilla war
01[15:15] {@Threei}  or leave them die and lose credibility\
01[15:15] {@Threei}  1:1  IWM
01[15:15] {@Threei}  if you let this drag out, he will maintain this instabilty forever
[15:16] {dino} nat, teva was good idea
01[15:17] {@Threei}  main problem though is, you can't attack them with regular troops
[15:17] {nathan} did u jump?
[15:17] {dino} no, over-thought it
[15:17] {dino} thinking the enemy
[15:17] {nathan} yup
[15:19] {dptl} see ya tomorrow all
[15:19] {nathan} c u
[15:20] {dino} sabr stop -.23
[15:22] {dino} afternoons are worthless lately
[15:22] {Alexs} what can prevent Poroshenko's play is his business, he can lose his money finally
[15:23] {nathan} we'll take care gents! see you tomorrow
[15:23] {nathan} have a good night
01[15:24] {@Threei}  you too nathan
[15:27] {dino} clvs blood
01[15:27] {@Threei} Long Setup:  CAT  .60 break
01[15:27] {@Threei}  If holds  .50
[15:31] {dino} clvs hl l .09
[15:40] {Alexs} oh, missed cat...
[15:42] {dino} out clvs .41, +.32
01[15:42] {@Threei}  1:1
[15:48] {dino} damn clvs went .90
[15:53] {goinshort} thanks all! - cya
01[15:53] {@Threei}  gs :)
[15:53] {dino} gn
01[15:53] {@Threei}  thank you all, have a good evening
01[15:54] {@Threei}  see you tomorrow

Friday, May 23, 2014

Market Week Wrap-up

TradeTheNews.com  Weekly Market UpdateWaiting for the Melt-Up



- Global markets quickly backed away from the panicky dive into safe assets seen last week and equity markets coasted back to May highs. In the US, the S&P500 pushed out to a (near) record high and the benchmark 10-year yield eased out to 2.536% after touching 2.472% at its deepest compression last week. Geopolitical developments were front-and-center all week: Europeans voted in EU Parliament elections, in Thailand the army took over control of the country in an outright coup, North and South Korea exchanged artillery fire, China and Russia signed a 30-year natural gas supply deal, and Ukraine saw more violence ahead of weekend elections though Mr. Putin softened his tone on the crisis. April housing data showed an improving market in the US. Preliminary European May manufacturing PMI data out of France and Germany missed expectations. But overall there did not seem to be any major catalyst driving lethargic market moves and many analysts suggested participants were merely biding time, waiting for clarity on possible ECB easing, waiting for Ukraine to calm down and waiting most of all for an excuse to power the US melt-up to ever greater highs. For the week, the DJIA gained 0.7%, the S&P500 rose 1.2%, and the Nasdaq added 2.3%.

- There was little response in markets to the release of the FOMC minutes which contained no major revelations about the Fed's exit planning. However, a few trends could be gleaned from the document. The Fed is clearly still not concerned about inflation and believes it will stay below the 2% threshold for quite some time. Policymakers seemed to agree now is the time to start preparing exit strategies, which will likely involve reverse repos and raising interest rates on excess reserves (IOER). But even as the exit approaches, forward guidance is still in place and could "enhance the clarity and credibility of monetary policy."

- The April US housing data indicates improvements in sentiment after a hard winter selling season. Both new and existing home sales accelerated modestly from March levels. The headline April existing home sales figure was the best reading in four months. Commenting on the data, the NAR chief economist noted that some growth was inevitable after sub-par housing activity in the first quarter, and said he believed improved inventory is expanding choices and sales should generally trend upward from this point. The stocks of major US homebuilder rose 4-5% on the week. Home improvement names Home Depot and Lowes saw restrained growth in first quarter earnings, however both indicated that so far May sales have been very strong.

- There were some truly terrible results seen out of retailers this week, and the tough environment cut across retail categories. Best Buy saw the best results, as the company's big turnaround plans continue to bear fruit and help arrest the big declines in quarterly sales. Target met all expectations in its first quarter but cut its FY14 forecast. Apparel retailers were pretty weak, with most missing or barely meeting deflated consensus expectations. Guidance was quite bad. Aeropostale lost 25% of its value after disclosing especially bad results. Sears Holding's business continues to implode, and the company said it would sell some or all of its position in Sears Canada.

- Caterpillar released troubling April dealer statistics, with retail sales of machines down 13% y/y, slightly worse than the firm's March performance. The cooling of China's housing and resource sectors contributed heavily to Caterpillar's 25% y/y sales decline in Asia, compared to March and February declines of 20% and 17%, respectively.

- After weeks of talks, AT&T has offered to buy DirecTV for $95/share in a cash and stock deal valued around $67.1 billion. DirecTV shareholders will receive $28.50 per share in cash and $66.50 per share in AT&T stock. The price implies a total equity value of $48.5B and a total transaction value of $67.1B. The agreement includes no break-up fee or penalty that AT&T would have to pay if regulators shut down deal, while DirecTV agreed to pay a $1.4B fee to AT&T if it leaves the deal for a higher bid. After the agreement was announced there were reports DISH Networks was holding talks with Verizon, however Verizon's CEO later dismissed them and said the company did not need to do any big acquisitions.

- AstraZeneca rejected Pfizer's final offer of £55/share, and suggested the board could have considered a bid above £58.85. The deal is not quite dead yet as many of AZN's largest shareholders have encouraged the board to take another look or otherwise engage with Pfizer. Monday, May 26th is Pfizer's deadline to get AstraZeneca to accept an offer before having to wait six months under UK law to make another offer. Pfizer has said it has no intention of launching a hostile bid.

- Starting with the UK and the Netherlands, Europe began voting for a new EU parliament on Thursday. Final results are expected Sunday night, however exit polls suggest that euro-skeptic parties are gaining less ground than expected in the election. In the run-up to the elections, there were real fears that fringe parties would capitalize on low turnout, anger over immigration and weak economies to take more seats in the EU legislature. Until the end of last week, European bonds had rallied on the back of rising confidence in the Eurozone recovery and expectations for more ECB easing. But the trend went into reverse on weak GDP readings and fears about the election results, as benchmark peripheral bond spreads widened out to levels not seen in months.

- In the UK, markets were eager to see whether the minutes of the BOE's May meeting would show any loss of consensus among MPC viewpoints. Cable rose from 1.6790 as high as 1.6920 on the release of the notes on Wednesday morning. Some MPC members indicated that gradual, earlier rate hikes might be needed. Cable also benefitted from spectacular April retail sales data (+1.8% v +0.5%e) which saw its largest m/m gain in a decade. The second reading of UK Q1 GDP came in unchanged from the advance reading, but took cable off its best levels thanks to q/q declines in import and export readings. GBP/USD closed out the week well off its best levels, below 1.6820.

- The BoJ policy statement on Wednesday offered no hints that the bank was getting any closer to more easing. For the 10th consecutive meeting, the BoJ said the domestic economy continued to recover moderately and maintained its overall economic assessment. Revisions included a higher capex assessment, following the strong capex component in Q1 GDP and strong machine orders earlier this week, as well as a lowered public investment assessment. Analysts focused on three separate instances in the statement of the BoJ expressing concern that "decline in demand following front-loaded increase prior to consumption tax has been observed." USD/JPY bottomed out around 100.90 ahead of the decision and then pushed back to 102 by Friday. In an interview on Friday, BOJ governor Kuroda signaled some impatience with the Abe government, urging that the growth strategy be implemented swiftly and promptly.

- The Thai Army declared martial law and seized full control of the country in a coup this week, the second time in a decade the army has overthrown an elected government. The move came just a day after talks between the 'red shirt' backers of the current government and their opponents failed, following months of sometimes violent street protests. The Thai constitution has been suspended by the Senate, independent organizations and the courts to remain in place.

- The slow motion deceleration of the Chinese property market continues. The April home price report showed y/y price growth slowed down in all 70 cities surveyed, and the aggregate growth rate dropped to its slowest pace in 11 months. As a result, experts expect the list of major cities easing property market controls to expand to at least 39 from 8 cities presently. Hangzhou, in the eastern province of Zhejiang announced a limit on property price cuts. Addressing the issue, PBoC Governor Zhou asserted that the housing market is in good condition when looked at with an eye to the long term, with bubbles confined to a few cities. On a more positive note, the preliminary May HSBC manufacturing PMI numbers (49.7 v 48.3e), while still in sub-50 contraction territory, did see a second consecutive month of sequential improvement. New export orders and output prices shifted to growth but employment remained soft.

- After nearly a decade of negotiations, China and Russia signed a $400 billion, 30-year gas supply deal, giving Russian President Putin a lovely photo op with his Chinese counterpart and preventing a major embarrassment before flying home to Moscow on Thursday. The pricing terms of the deal were not clear and many analysts believe the Russians were forced to take a much lower price than they originally wanted. Others noted that the fields and pipelines needed to supply the gas have not yet been built.





May 23 2014

100 % day - the best way to go into long weekend. 6 trades, 6 wins, 2 of them are 1:3ers on FB. Nice finish to a nice week.


Session Time: Fri May 23 00:00:00 2014
[09:06] {dino} gm
01[09:06] {@Threei}  dino :)
[09:06] {RonS} hello everyone
01[09:06] {@Threei}  ron :)
[09:07] {troub} good morning you all
01[09:07] {@Threei}  troub :)
01[09:11] {@Threei}  SPY volume is next to nothing
[09:17] {nemo} pitiful spy volume-what a surprise
[09:17] {nemo} I wonder if I can stay sober until lunch
01[09:17] {@Threei}  isn't it true for any other day?
[09:18] {nemo} details...sheesh
[09:20] {dptl} good morning
01[09:21] {@Threei}  dp :)
[09:23] {RonS} the real reason dino plays?  almost 260,000 women took up golf in 2013
[09:23] {_jaredt} Anyone here using DAS have issues in the morning with 1 min charts?
01[09:24] {@Threei}  looks OK here
[09:24] {nemo} right click "data config"  and set to 2 days or more
[09:24] {_jaredt} hm
01[09:24] {@Threei}  isn't he better picking up yoga, ron?
[09:25] {RonS} lol
[09:25] {dino} lo
[09:25] {dino} l
[09:25] {nemo} yeah idiot me...I picked up Qi Quong before the yoga craze
[09:25] {dino} ptct crazy
[09:26] {_jaredt} that worked. Thanks nemo
01[09:26] {@Threei}  Prince Charles today issued the letter of apology
01[09:26] {@Threei}  hmmm
01[09:26] {@Threei}  apology sounds unapologetic
01[09:27] {@Threei}  dolf Hitler was one of the horrible villains in world history, and comparing President Putin to him was uncalled for.
01[09:27] {@Threei}  What I should have said, and what I say to you now, is that this Putin chap can be a bit Hitlery at times.
01[09:27] {@Threei}  lol
01[09:27] {@Threei}  full text: http://www.newyorker.com/online/blogs/borowitzreport/2014/05/an-apology-from-prince-charles.html
[09:28] {cosmo} so what's the difference?
01[09:28] {@Threei}  none that I see
01[09:29] {@Threei}  reminds me a joke where a man fulfilled the demand for aplogy for calling another one a pigm, by saying: I am sorry, he is not a pig??
01[09:31] {@Threei} Long Setup:  FB  .35 break hl
01[09:31] {@Threei}  If holds  .25
01[09:31] {@Threei}  1:1
[09:31] {RonS} gme squeeze
01[09:32] {@Threei}  1:2
01[09:32] {@Threei}  1:3
01[09:32] {@Threei}  out
[09:33] {goinshort} nice V -thanks
01[09:33] {@Threei}  :)
01[09:33] {@Threei} Long Setup:  TZA  .40 break
01[09:33] {@Threei}  If holds  .35
[09:34] {ese} morning....got in from a show at 2am last night....feel like i've been hit by a Mac truck
01[09:34] {@Threei}  ese :)
[09:34] {ese} trading program looks blurry
[09:34] {nemo} either that or the breaks in your GM vehicle failed
[09:34] {ese} lol
01[09:34] {@Threei}  you need more respectable profession... all this hard rock, drugs and groupies lifestyle is for yonger chaps
[09:35] {ese} lol....no kidding
[09:36] {ese} funny story about last though......the idiotic victoria harbour authority locked a gate at ships point and we couldn't get in to load up our gear........
01[09:36] {@Threei}  TZA valid
[09:37] {ese} the sound gys vehicle was trapped inside the gate
[09:37] {ese} no harbour authority people anywhere.....
[09:37] {ese} so we used a couple of huge wrenches to ununscrew the gate.....
[09:37] {ese} while the victoria police watched..........
01[09:38] {@Threei}  they see hobos doing that daily
[09:38] {ese} the guy then offered to shine his his car light.......
[09:38] {ese} on the situation........
[09:38] {ese} it worked like a charm....then as soon as we got the gate taken down......
[09:39] {ese} he jokingly says.........
[09:39] {ese} ok boys that'll be two years for mischief
[09:40] {dino} lol
[09:40] {Alexs} gm
01[09:40] {@Threei}  alex :)
01[09:40] {@Threei}  missed 1:3er...
01[09:40] {@Threei}  half out TZA
01[09:41] {@Threei}  geeks are back in vogue:
01[09:41] {@Threei}  Samsung Corp Reportedly planning to launch full-fledged 'watch phone' in June or July, would not require an additional smartphone in order to operate
01[09:41] {@Threei}  watch which is a phone...
[09:41] {ese} hmmmmmmm
01[09:42] {@Threei}  in high school girls decisively said no when asked to a date by a guy with watch which was a calculator
01[09:42] {@Threei} Long Setup:  FB  .40 break
[09:42] {ese} lol
01[09:42] {@Threei}  If holds  .30
01[09:43] {@Threei}  and when I say "said no" I mean screamed and run away
[09:43] {dino} personal experience vad?
01[09:43] {@Threei}  happily no
[09:44] {dino} sale blood again
01[09:45] {@Threei}  blood on sale - vampries are all over
01[09:45] {@Threei}  1:1
01[09:45] {@Threei}  come on FB, we want second 1:3 from you
01[09:45] {@Threei}  1:2
[09:46] {thomcbell} u guys having problems with nonko again?
[09:46] {dino} sale sm l .45
[09:46] {nemo} just got a message that there are still some problems
01[09:46] {@Threei}  1:3
[09:46] {thomcbell} darn
01[09:46] {@Threei}  out
[09:46] {nemo} are you having problems thom?
[09:46] {thomcbell} yes
01[09:47] {@Threei}  not all are subjected
[09:47] {thomcbell} having trouble selling existing positions
[09:47] {thomcbell} i got out of the more dangerous one
01[09:47] {@Threei}  call
01[09:48] {@Threei}  alex, have you see prince apology for putin/hitler remark?
[09:50] {thomcbell} im all out of positions thanks vad
01[09:51] {@Threei}  :)
01[09:54] {@Threei} Short Setup: GLD  .55 break
01[09:54] {@Threei}  If holds  .60
[09:54] {dino} hibb hl l .00 hooker
[09:55] {dino} opps sm not hl
[09:55] {dino} out sale .85, +.40
[09:56] {thomcbell} splk looking for a bounce here
01[09:59] {@Threei} Long Setup:  P  .90 break
01[09:59] {@Threei}  If holds  .80
[09:59] {dino} out hibb .40, +.40
01[09:59] {@Threei}  *(US) APR NEW HOME SALES: 433K V 425KE
[10:00] {dino} 07 green
[10:00] {dino} esi blood again
01[10:00] {@Threei}  Invalidated  P
01[10:02] {@Threei}  1:1  GLD
[10:03] {Alexs} no Vad, prince who?
01[10:04] {@Threei}  prince charles
01[10:04] {@Threei}  just read it
01[10:04] {@Threei}  ot will remind you one old joke
01[10:04] {@Threei}  http://www.newyorker.com/online/blogs/borowitzreport/2014/05/an-apology-from-prince-charles.html
[10:07] {cosmo} I thought royalty stayed away from such type of coments.
[10:07] {thomcbell} aal and dal trading well here
[10:07] {Alexs} it's a joke cosmo
[10:07] {Alexs} he didn't say that
[10:07] {cosmo} sigh
01[10:08] {@Threei}  http://www.bbc.com/news/uk-27515086
01[10:08] {@Threei}  it's not alex
[10:14] {dino} hibb drop
[10:14] {Alexs} but a letter of apology is borowitz joke Vad
01[10:15] {@Threei}  ah, that part yes
[10:16] {thomcbell} big offer 39.15 on aal
[10:19] {dino} hibb sm l .98 gappy
[10:29] {thomcbell} SN Stabilizing here looks like it might be worth a long shot here
[10:30] {thomcbell} needs to get back over 32.15
[10:32] {dino} arun hl l .79
[10:37] {thomcbell} SN 32.15 long break if holding 32 half lot
[10:37] {thomcbell} 1:1 if anyone got anylol
[10:40] {thomcbell} snd 1:2
[10:40] {thomcbell} sn
[10:41] {thomcbell} still very jumpy
[10:41] {dino} gj
01[10:43] {@Threei} Short Setup: P  .10 break
01[10:44] {@Threei}  If holds  .15
[10:44] {thomcbell} hibb looks like a pattern
[10:44] {thomcbell} 54 long break
[10:45] {dino} wide sucker in at .98
[10:45] {thomcbell} no go
[10:47] {dino} arun stop .69 -.10
[10:50] {dino} arun rinsed
[10:51] {dino} sale hl l .14 stop lod bk
01[10:56] {@Threei}  YESSS!
01[10:56] {@Threei}  Italy will include prostitution and illegal drug sales in the gross domestic product calculation this year, a boost for its chronically stagnant economy and Prime Minister Matteo Renzi’s effort to meet deficit targets.
01[10:56] {@Threei}  that's how you do it!
[10:56] {ese} now thats funny!
01[10:57] {@Threei}  Drugs, prostitution and smuggling will be part of GDP as of 2014 and prior-year figures will be adjusted to reflect the change in methodology, the Istat national statistics office said today. The revision was made to comply with European Union rules, it said.
[10:57] {ese} theres probably some viable business models out there so why not
[11:05] {_jaredt} frustrating...my arca limit orders in DAS still won't fill
01[11:05] {@Threei}  1:1
01[11:06] {@Threei}  Russia said to have prepared classified document with retaliatory measures to Western sanctions over Ukraine
[11:07] {_jaredt} took scalp on P, Thanks Threei
01[11:08] {@Threei}  :)
[11:08] {dino} retaliatory measure: take more unkrainian land
01[11:08] {@Threei}  as a first step...
[11:11] {dino} sale stop -.26
[11:38] {dino} and another rinse
[11:49] {ese} to all the down south neighbors.....have a great long weekend....ehhhhhhh!
01[11:49] {@Threei}  take care ese
[11:49] {dino} cya
[11:50] {RonS} dang right you canuckian yahoo...
01[11:50] {@Threei}  lol
[11:56] {dino} ades spike
01[12:04] {@Threei}  ssian President Vladimir Putin trained his pugnacious rhetoric on President Barack Obama on Friday, answering an allegation that he has lied about Ukraine. “Who is he to judge?” Putin said, according to an interpreter. “Who is he to judge, seriously? If he wants to judge people, why doesn’t he get a job in court somewhere?”
[12:06] {Alexs} lol I've seen it funny
[12:06] {RonS} arun vwap wall
01[12:06] {@Threei} Short Setup: GLD  .37 break
01[12:06] {@Threei}  If holds  .45
[12:06] {Alexs} he made a lot of funny remarks
01[12:07] {@Threei}  he feels like a winner
01[12:07] {@Threei}  and whatever ese thinks, he mostly is
[12:07] {Alexs} he is actually
[12:08] {Alexs} that gas contract with China will help them a lot
01[12:09] {@Threei}  I was unimpressed with that particular bit
01[12:09] {@Threei}  too small of a contract on too tough conditions
01[12:09] {@Threei}  more of a display than substance
[12:11] {Alexs} I don't know so much the details
[12:13] {Alexs} but russian stocks and rouble rise on it
01[12:14] {@Threei}  they dropped so much, they'll rise on announcement that Putin hasn't sneezed this morning
[12:15] {Alexs} rouble at 5 month high btw
01[12:16] {@Threei}  you now market
01[12:16] {@Threei}  it has very little to do with these things
01[12:16] {@Threei}  china contract, years from now, small and uncertain, and most likely practically unprofitable... how does it prop rouble today?
[12:19] {Alexs} Why the Russia-China gas deal matters http://www.cnbc.com/id/101693525
01[12:19] {@Threei}  oh come on
01[12:20] {@Threei}  I'll show you another article explaining why it doesn't :)
[12:20] {Alexs} I guess form ukraine press
01[12:20] {@Threei}  not at all
01[12:20] {@Threei}  but whatever
01[12:20] {@Threei}  look at the numbers, they tell whole story
[12:21] {Alexs} what do you mean $400 bil is a small number?
01[12:21] {@Threei}  over 30 years?
01[12:21] {@Threei}  yes, very
[12:22] {Alexs} Yeah but they replace Europe
01[12:22] {@Threei}  38B cft a year? EU buys 170-200 from Russia
01[12:22] {@Threei}  how is it replacement?
01[12:22] {@Threei}  and price is way lower than Russia wanted
01[12:22] {@Threei}  there is a good reason why they couldn't sign that agreement for 10 years
01[12:27] {@Threei}  this will you more background: http://time.com/109161/china-russia-gas-deal/
01[12:27] {@Threei}  die GLD
01[12:29] {@Threei}  1:1
01[12:30] {@Threei}  this is 6th win in a row if my math is right
01[12:30] {@Threei}  2 of them 1:3ers
01[12:30] {@Threei}  not too shabby for a friday before long weekend
[12:33] {nemo} unless your software is fubar
[12:33] {_jaredt} right lol
[12:33] {nemo} _jaredt and dp, if you're having problems have you notified nonko?
[12:33] {_jaredt} yes
[12:33] {nemo} ok
[12:34] {nemo} many of the accounts are having no problem
[12:34] {dptl} i dont realy had problem yet
[12:34] {nemo} good
[12:34] {_jaredt} my arcal orders are working now, they just seem to fill way later than usual
[12:34] {nemo} _jaredt did you just get set up on Nonko?
[12:34] {_jaredt} yes
[12:34] {nemo} that might be it then
01[12:36] {@Threei}  rite of passage??
01[12:37] {@Threei}  lol
[12:53] {cosmo} OK then, baptize this:  files.abovetopsecret.com/images/member/38d6cb26061a.jpg
[12:54] {cosmo} oh darn...
[12:58] {cosmo} http://files.abovetopsecret.com/images/member/38d6cb26061a.jpg
[12:59] {dptl} lol
01[12:59] {@Threei}  great... like I needed more nightmares
[12:59] {cosmo} only if you're catholic
[13:04] {_jaredt} see anything DAL?
01[13:05] {@Threei}  not really
[13:07] {RonS} paper had story re some guy in Louisiana who drowned during his baptism...
[13:07] {RonS} ...probably a drunk cajun...
[13:07] {_jaredt} lol
01[13:08] {@Threei}  can we say he died happy?
01[13:08] {@Threei}  and for a cause
[13:08] {RonS} lol
01[13:24] {@Threei}  (UR) Fresh clashes between pro-Russian insurgents and the Ukrainian Army are being reported today- Attacks by up to 500 pro-Russia separatists have left 20 dead
[13:24] {dino} shoo drop
[13:27] {RonS} think will wait for the other shoo to drop...
01[13:27] {@Threei}  too easy ron
[13:27] {dino} nmbl spike
[13:27] {_jaredt} i thought that was coming...
01[13:27] {@Threei}  can't blame you though, it's friday
[13:30] {nathan} hi gents
01[13:30] {@Threei}  hey nathan
[13:31] {nathan} i read the trading log and... not a bad week?
01[13:32] {@Threei}  no... and 6 for 6 today
[13:32] {nathan} wow
[13:40] {Alexs} Putin's 'best': Ukraine, sanctions & Obama http://video.cnbc.com/gallery/?video=3000278366
01[13:43] {@Threei}  lol
01[13:43] {@Threei}  translation softens his words
[13:43] {Alexs} in russian it sounds funnier
01[13:43] {@Threei}  yup, and more pointed
01[13:44] {@Threei}  Putin: wow, you are tiresome! Interpreteur: oh come on
[13:46] {Alexs} rofl
01[13:48] {@Threei}  in russian even better than that... Vo pristal
[13:48] {dino} hibb last vtry hl l .67
[13:50] {Alexs} imagine any other president says something like that to the reporter...
01[13:50] {@Threei}  yeah... he doesn't give a damn
01[13:50] {@Threei}  zero respect for the west
01[13:51] {@Threei}  and can you blame him after they demonstrated such incompetence
[13:51] {Alexs} I guess for anybody
[14:10] {dino} hibb stopped again. calling it a week, gn all
01[14:10] {@Threei}  have a good weekend dino
[14:10] {RonS} have a good weekend all, outta here too...
[14:10] {nathan} gn all
01[14:11] {@Threei}  was it something I said?
[14:11] {nathan} :-)
[14:16] {thomcbell} have a good weekend all
01[14:16] {@Threei}  take care thom
[14:16] {Alexs} have a good one thom
[14:42] {dptl} have a good weekend all
01[14:42] {@Threei}  I'll die alone...
01[14:52] {@Threei}  watching IWM for pullback
[14:53] {Alexs} Vad what time do you wake up weekdays?
01[14:54] {@Threei}  depends...
01[14:54] {@Threei}  Sat is catch up day, I sleep longer
01[14:55] {@Threei}  Sun, no more than 8 am
[14:55] {Alexs} no i mean mon-fri
01[14:57] {@Threei}  oh
01[14:57] {@Threei}  5:45
01[15:00] {@Threei}  and I am free at 1 pm :)
[15:02] {Alexs} yeah it's an advantage
[15:09] {Alexs} you sought .80 or .75 IWM ?
01[15:09] {@Threei}  .75
01[15:15] {@Threei} Long Setup:  DAL  .25 break
01[15:15] {@Threei}  If holds  .20
01[15:16] {@Threei}  .15, sorry
[15:17] {Alexs} short?
01[15:17] {@Threei}  nah
01[15:17] {@Threei}  maybe better entry on a long side if pulls back
[15:17] {Alexs} oh
[15:21] {nemo} shorts probably not a good idea in general this lack of volume usually indicates levitation
01[15:24] {@Threei}  plus, rightly or not, market considers Ukraine matter closed
01[15:24] {@Threei}  so floating up into close is market's way to prepare for gap up on Tue
[15:25] {Alexs} still remember our beer bet?
01[15:26] {@Threei}  sure... but it's a separate matter
[15:26] {Alexs} lol
01[15:26] {@Threei}  Ukraine may break in 5 parts, and market won't blink - as long as there is no war
01[15:26] {@Threei}  market doesn't care whether it's whole or not, independent or not
01[15:27] {@Threei}  whether war breaks out or not is what matters
[15:27] {Alexs} truth
[15:28] {nemo} new spy all time highs
01[15:28] {@Threei}  frikin IWM
01[15:28] {@Threei}  got away
01[15:29] {@Threei}  disregard DAL
[15:29] {Alexs} I think in 1 month it will be no war and Ukraine will stay the same  size as it is now
01[15:29] {@Threei}  doesn't trade right
01[15:31] {@Threei}  so far tensions and fights only intensify
[15:31] {nemo} IWM basically robot traded since 1:30
01[15:31] {@Threei}  we need to wean you of twitter, nemo...
[15:32] {nemo} just looking at the chart
[15:32] {nemo} what?  you think there are humans still working this afternoon?
[15:32] {nemo} even most of the algos left for the hamptons
[15:32] {Alexs} what signs nemo?
01[15:32] {@Threei}  some do, but it doesn't even matter
01[15:32] {@Threei}  any program is designed by human
01[15:33] {@Threei}  what difference does it make who pushes a button
[15:33] {nemo} narrow relatively uniform chart
[15:33] {_jaredt} oh, you guys are human here?
01[15:33] {@Threei}  no but don't tell anyone
01[15:33] {@Threei}  I am from Krypton... nemo is from Saturn
[15:33] {nemo} yeah 3eye is human....not
01[15:34] {@Threei}  and alex still haven't confessed which planet he is from
01[15:34] {@Threei}  but we are planning torture next week, to find out
[15:35] {Alexs} I like torture :)
01[15:35] {@Threei}  it will be brutal...
[15:35] {_jaredt} is that why you day trade? ;)
01[15:35] {@Threei}  nemo will show you a bottle of Russian Standard
01[15:36] {@Threei}  not letting you touch it
[15:36] {Alexs} Platinum please
01[15:36] {@Threei}  yes
[15:40] {_jaredt} well, Thanks for letting me join you all this week.  Good luck all. I'll be in touch. Thanks
01[15:40] {@Threei}  have a good weekend jared
[15:40] {_jaredt} you too
01[15:41] {@Threei}  OK guys, let's have a good relaxing long weekend
01[15:41] {@Threei}  have fun and rest well, see you on Tuesday!



Thursday, May 22, 2014

May 22 2014

Another quiet but profitable day. Nothing earthshaking, just kind of another day in the office.

Session Time: Thu May 22 00:00:00 2014
[08:52] {dino} gm
01[08:53] {@Threei}  dino :)
01[09:04] {@Threei}  (IR) Russia planning to sign contract in 2014 to build eight nuclear reactors in Iran '
[09:07] {_jaredt} gm
01[09:07] {@Threei}  jared :)
01[09:11] {@Threei}  ese is about to come in livid
[09:11] {RonS} gm...ran out of drumsticks?
[09:12] {thomcbell} PHH – PHH Corp. – MP – Reuters article out mid-day saying they are selling the fleet business to Element Financial for $1.35B. PHH also issued a RELEASE confirming the discussions. UPDATED THOUGHTS: (1) Some confusion in the market place over the fleet biz. valuation. That business has $405M in equity. BUT, the articles note Element will receive a $400M tax basis write-up which 
[09:12] {thomcbell} bridges the gap between the 1.6x BV multiple cited and the $1.35B valuation. (2) DEBT IMPLICATIONS – PHH has $250M of converts maturing in ’14 which they have cash on hand to settle. They have another $250M in converts maturing after that point and $795M in term notes. Given where the debt trades, PHH would likely need to come up with ~$200M (estimated) in cash to settle the debt. (3) 
[09:12] {troub} good morning you all
[09:12] {thomcbell} BREAK UP VALUE? – PHH market cap is $1.35B. Bose thinks you put 1x TBV on mortgage piece ($1.1B) and then question becomes if the DTL ($798M / $10.35/shr) is transferrable or realized at the time of the sale, but Bose’s note lays out $26.20-$36.50 in possible value.BOTTOM LINE: Of course the question is who’s the buyer of the mortgage business and how will the private label contracts 
01[09:12] {@Threei}  teachers union announced strike... in response, givernemt said they'll cut their salaries by 10% if they do, and lock them out in June
[09:12] {thomcbell} get renegotiated. BUT, clearly the break-up value is higher (and potentially much higher) than where the stock closed. And the Fleet biz. seems like it definitely is going to be sold…end of the day we are MP but I want to buy the stock here as the risk reward seems very favorable in my view with limited downside (~$1-2) with potential 50% upside IF all goes right…
01[09:12] {@Threei}  troub, thom :)
01[09:14] {@Threei}  firestorm in BC... teachers demanded over 20% increase, never mentioning it in public and talking about "class composition" etc
01[09:15] {@Threei}  "we haven't had a raise in years"
01[09:15] {@Threei}  never mind that neither did ordinary taxpayer who pays their salaries
01[09:17] {@Threei}  sharp escalation in Ukraine
01[09:17] {@Threei}  probably what caused gold gap
[09:18] {cosmo} silver gap bigger fwiw
01[09:18] {@Threei}  I guess because it got beaten up more sdeverly
01[09:18] {@Threei}  -d
[09:20] {cosmo} maybe its because of all the silver bullets they're gonna need
01[09:20] {@Threei}  there is werewolf infestation?
[09:21] {cosmo} zombie were wolfs...yes
[09:25] {dino} isn't dracula from ukraine area?
[09:25] {cosmo} nearby i think
[09:25] {dino} or am i thinking vad the impaler
01[09:25] {@Threei}  Romania
[09:25] {dptl} good morning
[09:25] {cosmo} :)
01[09:25] {@Threei}  not too far
01[09:26] {@Threei}  dp :)
[09:26] {RonS} dino, think the guy's name was vlad...
[09:27] {dino} i know, :)
[09:27] {dino} rds/b going for gap fill
[09:28] {cosmo} and then there's those werewolves of london...
01[09:28] {@Threei}  well, those must be russians
[09:28] {dino} they were good movies, american werewolf
01[09:29] {@Threei}  London is oligarchs' playground
01[09:30] {@Threei} Long Setup:  FB  .90 break hl
01[09:30] {@Threei}  If holds  .80 
01[09:31] {@Threei}  change to .80 break
01[09:31] {@Threei}  yeah right
01[09:31] {@Threei}  lol
[09:31] {dino} rds/b hl l .59
01[09:31] {@Threei}  ugh, this one got away
01[09:31] {@Threei}  1:3
[09:32] {dino} all these pros talking gloom and doom has me thinking otherwise
[09:32] {nemo} I agree
01[09:32] {@Threei}  yeah
01[09:32] {@Threei}  this market wants to melt up
[09:32] {dino} indeed
[09:34] {cosmo} were else is all that 2008 bailout gonna go ...eventually?
01[09:34] {@Threei} Long Setup:  FCX  .30 break
01[09:35] {@Threei}  If holds  .25 
01[09:35] {@Threei}  change to .25 break
01[09:35] {@Threei}  If holds  .20 
01[09:36] {@Threei} Long Setup:  FB  .80 break
01[09:36] {@Threei}  If holds  .70 
01[09:37] {@Threei}  1:1  
01[09:38] {@Threei}  1:2  
01[09:38] {@Threei}  1:1  FCX  close enough
01[09:38] {@Threei}  half out
[09:40] {dino} musa spike
[09:46] {dino} urbn hl l .50
01[09:47] {@Threei} Short Setup: P  .25 break
01[09:47] {@Threei}  If holds  .35 
[09:48] {dino} musa sm s .85
01[09:48] {@Threei}  1:1  
[09:49] {thomcbell} sn lord 
[09:51] {dino} taking some yy swing off from 5/8 +5.15
[09:51] {dino} holding small amount want 65
[09:53] {nemo} numbers at 10
[09:53] {dino} urbn stop is lod brk
[09:53] {dino} rds/b frozen
[09:54] {nemo} special dividend dino?
[09:55] {dino} i'm reading dividend in cash only, but nothing paid today, unless i'm missing it
[09:59] {nemo} think there might be a problem with the BATS feed
[09:59] {dino} cov musa ave .47, +.38
01[10:00] {@Threei}  *(US) APR EXISTING HOME SALES: 4.65M V 4.69ME
01[10:00] {@Threei}  *(US) APR LEADING INDEX: 0.4% V 0.4%E
[10:03] {goinshort} P 1:2 and out - thanks !
01[10:03] {@Threei}  yw
[10:04] {RonS} sale marked down
[10:05] {goinshort} out FCX small scalp
01[10:07] {@Threei}  whew Ron... had me worried... day is back on track now
01[10:07] {@Threei}  wow P
[10:08] {dino} sale smr l .14
01[10:09] {@Threei} Long Setup:  P  .75 breeak
[10:10] {thomcbell} any clue why sale is down }
01[10:10] {@Threei}  If holds  .65 
01[10:10] {@Threei}  no news that I see thom
01[10:10] {@Threei}  1:2  FCX 
01[10:12] {@Threei}  1:1  P 
[10:17] {thomcbell} phh trades pretty well
[10:22] {dino} out sale .44, +1.30, ty ron
[10:22] {RonS} tagged sale 27.30 to 28.35 +1.05
01[10:22] {@Threei}  wtg
[10:22] {dptl} das issues with executions
[10:23] {dino} hate to say it ron, but most likely another $ up in it
[10:23] {RonS} das eeze no gut
[10:25] {RonS} dino w/ that block volume dumpage it could return...we took the easy money
[10:25] {dino} rds/b to .83
[10:26] {dino} to .89
[10:29] {dino} kold spike
[10:30] {dino} ugaz drop
[10:30] {RonS} chilling...
01[10:31] {@Threei}  lol
[10:31] {thomcbell} sale molto bene
[10:31] {dino} rds/b stop .89, +.30
[10:31] {dino} ugaz smr l .38
01[10:31] {@Threei}  Google Inc Has begun rolling out Panda 4.0 update to main search algorithm, designed to further weed out certain low-quality content - tech blogsAccording to Searchmetrics data, big losers in Google page rankings include eBay, Ask.com and Retailmenot.com
01[10:32] {@Threei}  why ebay
[10:32] {dino} yy animal today
[10:34] {cosmo} compitition?
01[10:35] {@Threei}  ebay and goog?
[10:35] {cosmo} you never know...
[10:41] {thomcbell} long setup POST 48.86 if holding 48.76
[10:54] {dptl} .
[10:55] {dino} out urbn .84, +.24
[10:58] {RonS} sheesh missed pdco
[10:59] {dino} momo's on the move today
[11:00] {thomcbell} post invalidated looking for another setup - now has some work to do
[11:00] {RonS} post toastie?
[11:01] {dino} post hammered?
[11:02] {dino} scanners slowing down
[11:03] {troub} dino, smr is what?
[11:04] {RonS} has said before 300 shares
[11:05] {RonS} smr short for smaller i guess...dinospeak
[11:05] {troub} didn't see it Ron. thanks
[11:06] {RonS} after years i finally wrote it all down...dinospeak
[11:06] {troub} I'll start my list now
[11:06] {RonS} lol...didn't have dl....thought it was "don't like"
[11:08] {RonS} my list...no mention = 1k, hl = 500, sm = 400, smr 300, vsm 200
[11:09] {RonS} s/l 3-400 -.33-.36, 500 -.20, 1k -.12
01[11:09] {@Threei}  and main dinoterm: iityiwhtku
01[11:09] {@Threei}  if I told you I would have to kill u
[11:11] {troub} glad Dino didn't tell me LOL,  I like living
01[11:11] {@Threei}  it's temporary
[11:13] {thomcbell} sn got its pullback 
[11:14] {dino} ron, thats copywriter info....:)
[11:15] {dino} you forgot pulp and hooker
[11:15] {RonS} ya but knew those by heart...
[11:17] {RonS} pulp = mover, as in moving all over the place...hooker = wide spread as in the bid/ask is .15 to 1.00
[11:18] {RonS} last one...golf trip = dino gone
[11:20] {troub} Thanks Ron for education. I'll send flowers if Dino gets to you.
[11:22] {dino} esi drop
[11:23] {dino} lol ron, had nice round going last night until 9th hole (ob on drive), went from 2 over to 4 over
[11:29] {dino} esi bloody
[11:31] {dino} smr l .99
[11:32] {dino} out ugaz .59, +.20
[11:33] {dino} 4%=20% hmmm
[11:34] {dino} 28%
[11:35] {RonS} ?
[11:36] {dino} out esi 19.09, +1.10
01[11:37] {@Threei} Long Setup:  IWM  111 break
01[11:37] {@Threei}  If holds  .90 
[11:38] {thomcbell} phh 25 long brak if holding 24.90
[11:39] {dino} damn sold that esi way too soon
[11:41] {thomcbell} couple of big prints on sn 
[11:41] {thomcbell} 290k and 21k at 33.10 
[11:41] {thomcbell} dont know what to make of it in the context of this crazy move
01[11:42] {@Threei}  ok IWM... you consolidated enough
01[11:42] {@Threei}  break and run
01[11:43] {@Threei}  let's see maybe .90 break is beter way to play it
01[11:43] {@Threei}  change to .90
01[11:43] {@Threei}  If holds  .80 
01[11:52] {@Threei}  1:1  
[12:05] {RonS} soda fizzle
[12:07] {RonS} tgt banged
[12:08] {thomcbell} phh 1:2
[12:08] {_jaredt} dang, you're good... :)
[12:08] {RonS} just born in the land of corn...  :)
[12:09] {RonS} Ohio fwiw
01[12:10] {@Threei}  SODA is too easy for ron... it eaiether pops or fizzles
01[12:10] {@Threei}  (and he did both)
[12:11] {RonS} but today was a classic fizzle...
[12:13] {RonS} cpla gone acapella
[12:14] {RonS} esi hitting them all...stra apol cpla
[12:16] {dino} thats some drop on esi, for a slight miss
[12:18] {RonS} dropped guidance forward due to accounting questions over some kind of loan program...
[12:19] {RonS} look sale...told ya...have to pay attention to the block volume...the big holders should be smarter than us...
[12:21] {RonS} my rule of thumb...anytime block volume is over 10% of total it means real trouble
[12:22] {dino} sale news is just that google thing right? will be watching it tomorrow
[12:23] {RonS} ...the other extreme is true too...selloff on little to no block volume means noone big wants to buy a block so the big holders have to feed their shares so the offer pressure can be relentless
01[12:24] {@Threei}  looks like dino... I see nothing else
[12:25] {dino} same here vad, thx
[12:28] {dino} get used to this slow down, most likely even slower tomorrow
01[12:29] {@Threei}  unless Ukraune flares up before the election
[12:32] {dino} lol, when i sad 65 on yy, i didn't expect it to happen today, but the way its trading....
[12:41] {RonS} dv acting like it wants the gap
01[12:48] {@Threei} Short Setup: SALE  .85 break hl
01[12:48] {@Threei}  If holds  27 
01[12:49] {@Threei}  yuck
[12:50] {_jaredt} lol
[12:50] {_jaredt} that sucks
01[12:51] {@Threei}  look at this
01[12:51] {@Threei}  (US) Deutsche Bank Chief International Economist: The Fed may increase its inflation views in June, possibly by a wide margin
01[12:51] {@Threei}  RetailMeNot, Inc. RetailMeNot Statement on Recent Press Concerning Commentary on Search Engine Ranking PerformanceThe company believes these reports greatly overstate the impact on RetailMeNot.com. Over RetailMeNot's history, search engines have periodically implemented algorithm changes that have caused traffic to fluctuate. It is too early to judge any potential impact of the latest Google algorithm change. While RetailMeNot's traffic with Google continues to grow year-over-year, the company has experienced some shift in rankings and traffic. The company continues to believe its focus on content quality and user experience will continue to help grow the business, enable consumers to save money and drive retailer sales.
01[12:53] {@Threei}  somg
[12:53] {thomcbell} will probably have a good bounce soon 
01[12:54] {@Threei}  don't you hate it when right idea gets rinsed so brutally
[12:57] {goinshort} 1:3 sale - thanks
[12:57] {RonS} lol
01[13:00] {@Threei}  yw
01[13:11] {@Threei} Long Setup:  ABBV  .20 break
01[13:11] {@Threei}  If holds  .15 
[13:12] {RonS} yer killin me...every time you post abbv i think abba...the horror
01[13:12] {@Threei}  ouch
01[13:13] {@Threei}  sorry
[13:13] {RonS} hehe
01[13:13] {@Threei}  I would never, knowingly...
01[13:13] {@Threei}  valid again
01[13:14] {@Threei}  with stop under .10
[13:15] {dino} with this slow down, not going to ruin a great morning, so going to mow the lawn. gn all, thx for ideas
[13:15] {RonS} good idea dino....cya
[13:15] {dino} :)
01[13:16] {@Threei}  crap... darn neighbor with his tractor, my lawn is mowed
01[13:17] {@Threei}  change to .15 break
[13:26] {thomcbell} sn - 32.50 long break if holding 32.40
[13:26] {thomcbell} small shares 
[13:38] {thomcbell} sn invalidated
01[13:45] {@Threei}  half out swedish pop group
01[13:45] {@Threei}  stop to .14
01[13:45] {@Threei}  {--- succesfully squeezing juice out of stone
[13:47] {thomcbell} big offer on sale getting eaten here 
01[13:47] {@Threei}  big offer on sale?
[13:47] {thomcbell} was at 24.70 
01[13:48] {@Threei}  thom, you are competing with ron here :)
[13:48] {thomcbell} shocking move 
[13:49] {thomcbell} might be start of rally 
[13:49] {thomcbell} on Sale
01[13:58] {@Threei}  http://www.newrepublic.com/article/117848/peoples-republic-luhansk-appoints-minister-culture
01[13:58] {@Threei}  this is probably the best item that ever came out of the whole ordeal
[14:27] {dptl} nonko clearing is still having issues (all day today) most likly they won't fix it today
[14:28] {RonS} outta here early...had real nice day, thanks everyone
[14:29] {dptl} going too, will see ya tomorrow ...
[14:30] {_jaredt} IWM?
[14:30] {_jaredt} cup handle
01[14:31] {@Threei}  let's try to catch pullback
01[14:31] {@Threei}  breakouts are still tough proposition
01[14:52] {@Threei}  oh boy
01[14:53] {@Threei}  eBay Inc New York AG has reportedly asked eBay to give all users impacted by the data breach free credit
01[14:53] {@Threei}  how the deuce is this AG's business?
[14:56] {Alexs} he is on of those users I guess
01[14:57] {@Threei}  lol
[14:57] {Alexs} one
01[14:57] {@Threei}  amazing how they feel they can tell businesses what to do
01[14:58] {@Threei} Long Setup:  ABBV  .85 break
01[14:58] {@Threei}  If holds  .75 
[15:01] {Alexs} Putin will be tomorrow morning at Squawk Box CNBC
01[15:02] {@Threei}  what time?
[15:02] {Alexs} they just said tomorrow morning
[15:03] {Alexs} Squawk Box from 6 to 9 usually
01[15:04] {@Threei}  I am likely to miss it then
[15:04] {Alexs} lol
01[15:04] {@Threei}  not that I couldn't finction without it...
01[15:05] {@Threei}  no go ABBV
[15:06] {Alexs} you view of IWM was right Vad
01[15:07] {@Threei}  let's see if we can find entry
01[15:08] {@Threei}  .90 break is standard way...
01[15:08] {@Threei}  but feels like more selling should come
01[15:08] {@Threei}  I'd wait a bit more
01[15:11] {@Threei}  in fact...
01[15:11] {@Threei}  it doesn't look like long is a way to go at all
01[15:11] {@Threei} Long Setup:  TZA  .45 break
01[15:12] {@Threei}  If holds  .35 
01[15:27] {@Threei}  OK
01[15:27] {@Threei}  lt's do this last quick push
01[15:27] {@Threei}  let's too
[15:27] {_jaredt} are you in?
01[15:27] {@Threei}  not triggered yet
01[15:27] {@Threei}  but ready to
01[15:28] {@Threei}  anyone needs Kyiv Entertainment Guide May 23 - June 1, I have a link
01[15:29] {@Threei}  hmmm... no takers...
01[15:30] {@Threei}  come on cosmo, be adventurous
[15:32] {troub} Vad, not to argue, but I triggered @ .46 several min. ago
[15:32] {_jaredt} me too
01[15:32] {@Threei}  huh... where was I
[15:33] {nemo} not thinking
[15:33] {troub} hitting the Vodka already?
[15:33] {nemo} intravenously
[15:34] {nemo} he's got a permanent port installed
[15:34] {troub} saves time that way
01[15:36] {@Threei}  saves vodka too, no chance of accidental spillage
[15:39] {thomcbell} sn looking vulnerable 
06[15:42] * @Threei kicks TZA in the rear
06[15:46] * @Threei kicks TZA in the rear with steel toe heavy duty army boots
[15:49] {_jaredt} try kicking one more time....
01[15:50] {@Threei}  hmmm... it might not respond well to violence
01[15:50] {@Threei}  second kick was less effective
01[15:50] {@Threei}  let's try kind word...
[15:50] {thomcbell} sn 31.50 short braek if holding 31.60
01[15:50] {@Threei}  TZA... be so kind, go up
01[15:51] {@Threei}  be mondful of time, thom
01[15:51] {@Threei}  mindful
[15:51] {thomcbell} tu 
[15:51] {goinshort} T hope you have better luck with the ladies, then you do with TZA
[15:52] {goinshort} your sweet talkin not working
01[15:52] {@Threei}  who says I sweet talk to ladies? my wife frowns upon that
[15:53] {goinshort} lol
01[15:53] {@Threei}  last chance TZA
01[15:53] {@Threei}  move you slimy bastard
01[15:54] {@Threei}  (no sweet talk no more)
[15:54] {goinshort} that's better!
01[15:54] {@Threei}  :)
01[15:55] {@Threei}  3 min
01[15:55] {@Threei}  move
01[15:56] {@Threei}  your
01[15:56] {@Threei}  butt
[15:56] {thomcbell} flat sn 
[15:56] {thomcbell} was worth a shot 
01[15:57] {@Threei}  slides now
01[15:57] {@Threei}  OK... out TZA with a scalp
01[15:58] {@Threei}  saved by the bell
[15:58] {goinshort} Out TZA nice scalp  5k shares  - thanks
01[15:58] {@Threei}  nice!
01[15:58] {@Threei}  wtg
01[15:58] {@Threei}  ok guys, thank you all
[15:58] {goinshort} cya all -thanks!
01[15:58] {@Threei}  have a great evening
[15:58] {_jaredt} thanks, cya tomorrow
01[15:58] {@Threei}  see you tomorrow

Wednesday, May 21, 2014

May 21 2014

Not really our day - scalps mixed with stops and without large trades to offset the churn. Finishing slightly negative.

Session Time: Wed May 21 00:00:00 2014
01[09:09] {@Threei}  (EU) EU Barroso: Expects Russia to respect international law
[09:13] {RonS} gm...eBay ($EBAY) Wants Users To Change Passwords Due to Cyberattack http://stks.co/c0Zzv
[09:14] {RonS} BREAKING: EBay reports cyberattack. Says financial and Paypal data not compromised.
01[09:15] {@Threei}  ron :)
[09:15] {dino} gm
01[09:16] {@Threei}  dino :)
[09:17] {troub} good morning you all
01[09:18] {@Threei}  troub :)
[09:20] {RonS} sheesh, went on ebay site which have not been in months... 1.  can't figure out how to change password 2. looks like site totally upgraded
01[09:22] {@Threei}  go to My ebay - account - personal information'
[09:24] {Alexs} gm
01[09:24] {@Threei}  alex :)
[09:25] {ese} morning
01[09:26] {@Threei}  ese :)
01[09:26] {@Threei}  Large study in England finds that smokers trying to quit were substantially more likely to succeed if they used e-cigarettes rather than nicotine patches or gum - NYT
01[09:26] {@Threei}  that's why we are trying to ban them, right?
[09:26] {ese} Have a show at the Swiftsure Yacht Race tomorrow vad......bar is open to anyone....ehhhh?
01[09:27] {@Threei}  single malt?
01[09:27] {@Threei}  flowing free and for free?
01[09:28] {@Threei}  EWBAY getting hit
[09:28] {ese} probably beer i would bet.....
01[09:28] {@Threei}  -w
01[09:28] {@Threei}  https://scontent-b-sea.xx.fbcdn.net/hphotos-frc3/t1.0-9/10377991_1509987879220969_3954429041803574056_n.jpg
[09:29] {ese} rotflol!!!!!!!!!!
[09:29] {ese} love it
01[09:31] {@Threei} Short Setup: C  .95 break
01[09:31] {@Threei}  If holds  47
01[09:34] {@Threei}  meh
[09:34] {nemo} granmama speaks today
01[09:37] {@Threei} Short Setup: DAL  .30 break
01[09:37] {@Threei}  If holds  .40
[09:38] {ese} solar companies making a bit of a move TSL JKS
01[09:45] {@Threei}  sheesh
[09:47] {_jaredt} spy holding R1
01[09:48] {@Threei}  trail to .36
01[09:50] {@Threei}  annoying
[09:53] {dino} bah hl l .92
01[09:56] {@Threei} Short Setup: JPM.45  break
01[09:56] {@Threei} Short Setup: JPM  .45 break
01[09:56] {@Threei}  If holds  .55
01[09:59] {@Threei}  *(EU) EURO ZONE MAY ADVANCE CONSUMER CONFIDENCE: -7.1 V -8.3E
01[10:00] {@Threei}  1:1
[10:02] {dptl} good morning
01[10:02] {@Threei}  dp :)
01[10:03] {@Threei}  stop to .41
01[10:07] {@Threei}  iwm
01[10:07] {@Threei} Long Setup:  IWM  110 break
01[10:07] {@Threei}  If holds  .90
01[10:10] {@Threei}  stop .94
01[10:11] {@Threei}  half out
[10:14] {thomcbell} cog looks like a 36.23 long break
[10:14] {thomcbell} i bought some
01[10:15] {@Threei}  come on already IWM
01[10:15] {@Threei}  break that wall
01[10:15] {@Threei}  COG looks nice
01[10:17] {@Threei}  stop to .99
01[10:20] {@Threei} Short Setup: CAT  102 break
01[10:20] {@Threei}  If holds  .10
[10:20] {dino} gap and sit
[10:21] {thomcbell} cog 1:1
[10:21] {nemo} GS and JPM very strong
[10:21] {dino} gj
[10:21] {dino} tza l .90
[10:23] {thomcbell} tjx 55.13 short break if holding 55.23
01[10:24] {@Threei} Long Setup:  FAZ  .10 break
01[10:24] {@Threei}  If holds  20
[10:25] {thomcbell} no go tjx
[10:27] {dino} out tza .97, +.07 dl
[10:28] {nemo} what is "dl"
[10:28] {nemo} double?
01[10:28] {@Threei}  double lot
[10:28] {dino} y
[10:28] {nemo} mpc
[10:28] {nemo} looks short
[10:28] {nemo} refiner
[10:28] {nemo} Memorial Day Weekend
[10:28] {nemo} usually the peak
[10:29] {thomcbell} cog 1:2
[10:29] {ese} no mrkt monday nemo?
[10:29] {nemo} nope
[10:30] {nemo} almost nap time minutes at 2
[10:30] {ese} then you can come up and drink at the swiftsure yacht race party here in Victoria with vad
[10:32] {nemo} Goldman is really strong today up 2%  I guess Lloyd wrote the minutes
[10:32] {ese} lol
[10:34] {ese} 21 May 07:32 [MAERSKB.DK] CFO: no clear signs of sustainable recovery in container shipping- expect overcapacity in shipping until 2017 - Source TradeTheNews.com
[10:35] {ese} accidentally walked into there office building back in 2009 when i had my high R&B band performing in Denmark
[10:35] {ese} was looking for a washroom
[10:35] {_jaredt} MPC +.20 thanks NEMO
[10:35] {ese} it's right accross the harbour from the brand new Opera house he gave the city 600 million to build
[10:37] {Alexs} WMT DKTK setup Vad?
01[10:38] {@Threei}  on short side?
[10:38] {Alexs} I meant long
01[10:38] {@Threei}  nah...
01[10:38] {@Threei}  rather looks .50 short
01[10:41] {@Threei} Short Setup: FB  .10 break
01[10:41] {@Threei}  If holds  .20
01[10:45] {@Threei}  no go
01[10:49] {@Threei}  gap'n'stall... hate it
[10:53] {dino} same
[10:54] {nemo} it's the minutes
[11:08] {RonS} phh spike
01[11:08] {@Threei}  NVS CEO: have seen unbelievable response rates with CART-19 experimental cancer treatment and hope to bring it to market within 2 years - press
[11:10] {dino} n V or n U s?
[11:10] {nemo} probably Novartis, NUS is newskin
01[11:10] {@Threei}  V
01[11:10] {@Threei}  Novartis
[11:10] {RonS} nus doesn't deal w/ cancer except maybe give it...
01[11:11] {@Threei}  lol
[11:11] {RonS} phh staying up...find no news
[11:13] {RonS} PHH in talks to sell a portion of business for 1.3B. Their market cap is 1.3
01[11:16] {@Threei}  joke of the day
01[11:16] {@Threei}  Swedish foreign minister concerned over displaced people in Ukraine
01[11:17] {@Threei}  the joke is, it's a real headline
[11:17] {dino} phh l .72
01[11:17] {@Threei}  Swedish Foreign Minister Carl Bildt has said he is worried about the rising numbers of refugees moving from Crimea and eastern regions to other parts of Ukraine because of the crisis in the country.
01[11:18] {@Threei}  I am trying hard to envision Swedish officials being very concerned over that...
[11:19] {thomcbell} thanks for the phh headline guys
[11:19] {dino} out phh .32, +.60 ty ron
01[11:19] {@Threei}  wtg
[11:22] {RonS} he's worried about "if you bildt it, they will come"...
01[11:22] {@Threei}  lol
[11:22] {RonS} line from baseball movie fwiw
[11:26] {thomcbell} field of dreams
01[11:28] {@Threei}  half out FAZ
01[11:28] {@Threei}  almost forgot I had it, lol
[11:32] {dino} phh hl s .50
01[11:45] {@Threei}  1/4 more out FAZ
[11:49] {thomcbell} now cog looks vulnerable on downside
[11:50] {dino} phh stop/cov .75
[11:50] {dino} -.25
[11:52] {dino} phh hl l .75 break
[11:58] {dino} stop to .40
[11:58] {RonS} phh deal confirmed
[11:58] {dino} to .50
[11:59] {dino} target?
[11:59] {RonS} at least talks...leasing unit for $1.35b
[11:59] {thomcbell} where did u see that ron
01[11:59] {@Threei}  FB Hearing strength attributed to comment by editor of 9to5 Mac blog regarding a possible announcement by the company later today
[11:59] {RonS} reuters ...dj
[12:00] {RonS} news on my platform
01[12:00] {@Threei}  - Follow up: Facebook to reportedly launch TV Show and Music ID apps (a la Shazam) for iOS and Android today
[12:00] {dino} to .60
[12:00] {dino} yahoo too
[12:00] {dino} flyon wall
[12:01] {dino} to .70
01[12:01] {@Threei}  FAZ stop .14
[12:01] {dino} to .80
[12:04] {dino} out phh .84, +1.08
[12:04] {RonS} gj
[12:05] {dino} thx again for alert on it
[12:05] {troub} excellent dino
[12:05] {dino} ty
01[12:08] {@Threei} Long Setup:  TZA  .40 break
01[12:08] {@Threei}  If holds  .35
01[12:15] {@Threei}  FAZ stop to .18
[12:21] {dino} wwe l .76
[12:35] {troub} dino, how long can this dance continue?
[12:38] {dino} ?
[12:39] {dino} wwe you mean?...longer that most can stay solvent, my guess
[12:50] {RonS} door slammed
01[12:51] {@Threei}  lol
[12:55] {_jaredt} i see what you did there...
01[12:55] {@Threei}  Ron's specialty
[12:55] {nemo} now it should be float up into fed minutes
[13:12] {RonS} phh hit
01[13:13] {@Threei}  FSLR To Deliver Diesel-PV Hybrid Solution to Rio Tinto in Australia
[13:17] {thomcbell}     PHH  -- Negative  --- KBW saying that the Reuters article on PHH is incorrect.  the $1.35 billion appears to be incorrect since the article says 1.6x bv  which would be closer to 650 mil
[13:20] {dino} trox spike
01[13:21] {@Threei} Long Setup:  TZA  .05 break
01[13:21] {@Threei}  If holds  .95
01[13:21] {@Threei}  (US) Fed's Kocherlakota (dove, FOMC voter): May take to 2018 to achieve the 2% inflation target
01[13:22] {@Threei}  want a clear mark of idiocy in the Fed? here it is:
01[13:22] {@Threei}  would let inflation overshoot to make up for years of undershooting.
01[13:22] {@Threei}  god, what an imbecile
01[13:23] {@Threei}  who built their ivory towers
[13:32] {RonS} no news on this trox move
01[13:34] {@Threei}  nor here
01[13:40] {@Threei}  stop .99
[13:44] {_jaredt} got disconnected.. did stop change TZA?
01[13:44] {@Threei}  .99
[13:44] {_jaredt} ty
01[13:46] {@Threei}  as it moves above .10, let's sell half, we are nearing time of FOMC minutes release
01[13:47] {@Threei}  until it hits 1:1 keep the stop at .99
01[13:47] {@Threei}  worst case scenario it's a washout
[13:50] {RonS} damn was tracking ezpw...got away
01[13:59] {@Threei}  SOME PARTICIPANTS SAID TOO EARLY TO CONFIRM ECONOMY MOVING TO SUSTAINED ABOVE-TREND GROWTH
01[14:00] {@Threei}  doh
01[14:00] {@Threei}  let's go TZA
01[14:03] {@Threei}  sigh
[14:03] {thomcbell} tlt weak after minutes
[14:09] {thomcbell} looks like kabuki dance will continue
[14:09] {thomcbell} each day a new day
01[14:09] {@Threei}  sheesh
01[14:09] {@Threei}  gimmie back my TZA
[14:10] {thomcbell} watching splk for a short entry
01[14:12] {@Threei}  any excuse is good for a nice meal:
01[14:12] {@Threei}  Rompuy invites EU heads of state to informal dinner over elections in Ukraine and EU
[14:13] {Alexs} who is Rompuy?
01[14:13] {@Threei}  European Council President
01[14:13] {@Threei} Long Setup:  JPM  .20 break
01[14:13] {@Threei}  If holds  .10
[14:16] {Alexs} who pays for the dinner?
01[14:16] {@Threei}  EU taxpayer, duh
[14:16] {Alexs} lol
[14:16] {RonS} the peasants of course...old european tradition
01[14:16] {@Threei}  come on alex... you know better :)
01[14:23] {@Threei}  stop to .14
[14:24] {thomcbell} vlo vs tso which is right?
[14:25] {thomcbell} think its vlo 53.93 long break if holding 53.81
01[14:27] {@Threei}  ok JPM... it's time
01[14:27] {@Threei}  take .30 and iksplode
01[14:27] {@Threei}  (yes, that's how you spell it)
[14:32] {dino} bap spike
[14:35] {thomcbell} aig 53.48 long break if holding 53.40
[14:36] {thomcbell} tlt fizzling this rally
[14:37] {thomcbell} vlo 1:1
01[14:37] {@Threei}  nice
01[14:39] {@Threei}  half out
01[14:39] {@Threei}  .27
01[14:39] {@Threei}  stop to .19
[14:44] {thomcbell} made another dale vlo at 54.10
[14:46] {thomcbell} out vlo
[14:51] {thomcbell} i trimmed aig -
[14:51] {thomcbell} still have a half position
[14:51] {thomcbell} its not cooperating
[14:51] {thomcbell} touched 1:1 but no enthusiasm
[14:54] {thomcbell} POST is one to watch tomorrow - trades great into a secondary
[14:55] {thomcbell} thing has gotten blasted
[15:08] {thomcbell} out aig
[15:09] {thomcbell} waste of time
01[15:11] {@Threei} Long Setup:  IWM  .80 reak
01[15:12] {@Threei}  If holds  .70
01[15:16] {@Threei}  1:1
01[15:24] {@Threei} Long Setup:  IWM  .92 break
[15:24] {dino} wwe has me in sleeper hold, slow mover, stop to .83
01[15:24] {@Threei}  If holds  .82
[15:26] {dptl} see ya tomorrow all
01[15:26] {@Threei}  you too dp
01[15:26] {@Threei}  Invalidated
[15:27] {nemo} funny...see dino's line above yours says "83" then I see your "holds .82"  and I'm thinking, that's a pretty tight stop...duh
01[15:31] {@Threei} Long Setup:  DAL  .31 break
01[15:31] {@Threei}  If holds  .25
01[15:39] {@Threei}  highly annoying day
[15:39] {RonS} i blame Les
01[15:40] {@Threei}  and why not
[15:42] {dptl} lol
[15:42] {dptl} http://www.youtube.com/watch?v=oXQkMGffOBo
[15:43] {nemo} http://goo.gl/K7EC
[15:43] {dptl} lol
[15:45] {dptl} ok going now...till tomorrow all :)
01[15:45] {@Threei}  :)
[15:46] {dino} lo spike
01[15:46] {@Threei}  Chicago Mercantile Exchange Holdings Inc Fox Business's Gasparino: CME met with bankers this week, looking to do a deal with "all the cash on its books"
[15:46] {dino} rai too
[15:46] {dino} bti too
[15:46] {dino} takeover talks
01[15:46] {@Threei}  LO Reynolds said to be in advanced talks to buy Lorillard
01[15:51] {@Threei}  DAL... gives us more than 2 cents to ginish the day, will ya?
[15:51] {nemo} can't wait until August
01[15:51] {@Threei}  if not for any other reason, to give us something to tease dp tomorrow with... "had you not left that early..."
[15:52] {_jaredt} whats in August?
01[15:52] {@Threei}  hey... 4 cents
01[15:53] {@Threei}  nemo firmly believes any august is untradable, jared
[15:53] {_jaredt} ah
01[15:53] {@Threei}  we prove him wrong every august... but he still hopes
01[15:54] {@Threei}  he is glutton for punishment
[15:54] {_jaredt} lol
01[15:55] {@Threei}  ok DAL... 3 min
01[15:55] {@Threei}  tick tock
[15:56] {dino} out wwe .85, +.10
[15:57] {RonS} wtg
[15:57] {dino} ty and gn
01[15:58] {@Threei}  you too dino
01[15:58] {@Threei}  ok... out DAL wiht mind-boggling 3 cents
01[15:58] {@Threei}  thank you all, have a good evening
01[15:58] {@Threei}  see you tomorrow
[15:59] {troub} gn you all
[15:59] {_jaredt} ty