Thursday, June 19, 2014

June 19 2014

Pretty much repetition of yesterday. Glad to finish with 1:3 IWM run.


Session Time: Thu Jun 19 00:00:00 2014
[09:07] {dino} gm
01[09:08] {@Threei}  morning dino
01[09:14] {@Threei}  ron, watched movie yesterday
01[09:14] {@Threei}  fair portrayal, although I haven't seen much russian-specific
[09:20] {troub} good morning you all
[09:21] {goinshort} gm all!
01[09:21] {@Threei}  troub, gs :)
[09:26] {ese} gm
01[09:26] {@Threei}  ese :)
[09:26] {ese} another day...another picket line
[09:26] {Alexs} gm
01[09:26] {@Threei}  alex :)
[09:26] {ese} vad alex
01[09:29] {@Threei} Short Setup: FB  .40 break
01[09:29] {@Threei}  If holds  .50
01[09:31] {@Threei}  stop to .46
01[09:31] {@Threei}  1:1
01[09:34] {@Threei} Long Setup:  YHOO  .15 break
01[09:34] {@Threei}  If holds  .05
[09:36] {ese} my BLDP hold at 3.81 is doing well
01[09:39] {@Threei} Short Setup: IWM  .05 break
01[09:39] {@Threei}  If holds  .15
01[09:40] {@Threei}  Invalidated
01[09:41] {@Threei}  no worky YHOO
01[09:41] {@Threei} Short Setup: EBAY  .60 break
[09:42] {dino} kbr s .50
01[09:44] {@Threei}  If holds  .67
[09:44] {dino} cov kbr .35, +.15
[09:45] {ese} good one dino
[09:45] {dino} ty
[09:45] {dino} terrible report
[09:46] {ese} i'll say -.29 versus +.38........bit of a gap i'd say
[09:47] {ese} although revs on .1 bil down
[09:47] {ese} only
01[09:47] {@Threei}  ugh IWM
01[09:47] {@Threei}  got away
[09:47] {ese} actually.....thats enough for me to retire on
[09:48] {dino} lol
[09:48] {ese} did you get up to the US OPEN dino......was kinda in your neck of the woods
[09:49] {ese} and....have you ever played Pinehurst
01[09:50] {@Threei}  stop to .66
01[09:53] {@Threei} Long Setup:  IWM  .80 break
01[09:53] {@Threei}  If holds  .70
01[09:54] {@Threei}  let's cover half EBAY
01[09:54] {@Threei}  stop to .61
01[09:55] {@Threei}  and IWM stop to .74
01[09:55] {@Threei}  SPY can easily crash here
01[09:56] {@Threei}  out
01[09:59] {@Threei}  US Dept of Justice (DOJ) plans to discloses an enforcement action related to credit cards at 1300ET - press (related C JPM BAC AXP MA DFS V )
01[09:59] {@Threei}  *(US) JUN PHILADELPHIA FED BUSINESS OUTLOOK: 17.8 V 14.0E
01[09:59] {@Threei}  *(US) MAY LEADING INDEX: 0.5% V 0.6%E
01[10:02] {@Threei}  nice pummeling
01[10:02] {@Threei} Short Setup: FB  .90 break
01[10:02] {@Threei}  .c 65
01[10:02] {@Threei}  If holds  65
01[10:04] {@Threei} Short Setup: FB  65 break
01[10:04] {@Threei}  If holds  .10
[10:04] {Alexs} ?
[10:05] {RonS} 65.00
01[10:05] {@Threei}  ?
01[10:05] {@Threei}  1:1
[10:07] {dino} gild hl l .00
01[10:12] {@Threei} Long Setup:  CAT  .10 break
01[10:12] {@Threei}  If holds  107
[10:14] {ese} dino....you see my question above
[10:15] {dino} no, hang on
[10:15] {dino} no, didn't get there, not much extra time lately
[10:15] {ese} can identify with that for sure
[10:16] {ese} haven't been able to keep vad company
[10:16] {ese} not that he minds of course
01[10:16] {@Threei}  who kicked nemo offline?
[10:16] {ese} has probably appreciated the break
[10:17] {ese} hmmmmmmmm
[10:17] {ese} finally a mystery to solve
[10:21] {dino} eep
[10:22] {ese} is that a sentiment.....or a stock........eep
[10:23] {ese} you know vad......by asking that last question...one might get the impression that we actually care
01[10:23] {@Threei}  lol
[10:24] {dino} stock, eep, eeq spikes
[10:25] {ese} ya thats some spike
[10:25] {Alexs} freakin CAT
[10:25] {ese} 5 bills worth dino
[10:26] {ese} ya thats what i say about the cat next.....although it does keep the mice and rats away
[10:26] {ese} next door
[10:26] {RonS} ese sounds like he got a new pair of shoes...or supprot socks...back to old self...
[10:26] {RonS} support
[10:27] {dino} lol
[10:27] {ese} lol
[10:27] {dino} we missed the old ese
[10:27] {ese} gotta tell though...this strike sh*&^&!! is aserious drag
[10:27] {RonS} ya it's tough holding kids hostage and wanting to act like a good guy...
[10:28] {ese} indeed
[10:29] {ese} being up/long bldp +.51 on 2850shs is taking the sting out of it though
[10:29] {dino} guess so
[10:31] {ese} i'm in the dreaded buy and hold mold right now......too hard to focus to scalp...too much crap going on...disrupts the concentration needed
01[10:32] {@Threei}  and don't forget, ese... there is this pipeline to fight
[10:32] {dino} gild to .24
[10:32] {ese} ohhhhhh yaaaaaa.......well lets get to that too......why not put a little more on the plate
01[10:32] {@Threei} Short Setup: GDX  .38 break
[10:33] {dino} to .35
01[10:33] {@Threei}  If holds  .37
[10:33] {nemo} huh?
[10:33] {Alexs} .47
01[10:33] {@Threei}  If holds  .47
01[10:33] {@Threei}  well... you lefties are busybodies, see :)
[10:33] {nemo} PUT THE BOTTLE DOWN!!!
01[10:34] {@Threei}  Ron, you caught my movie report earlier?
[10:34] {nemo} which movie
[10:34] {RonS} yes, hope it was worth the time...
01[10:34] {@Threei}  ryan, shadow recruit
[10:34] {nemo} ahhh, yeah watched that....o.k.
[10:34] {Alexs} what is 1:1 GDX under .29?
[10:35] {ese} I am indeed a lefty.......look at the frickin mess the Harper govt has gottn us into......way worse that the libs
[10:35] {nemo} really liked the movie "Emperor"
01[10:35] {@Threei}  anything around .30, alex
01[10:35] {@Threei}  what frickin mess?
01[10:35] {@Threei}  country that weathered crisis better than any other in the world?
01[10:35] {@Threei}  real mess, yes
01[10:36] {@Threei}  horror of stable economy
[10:36] {dino} out gild .34, +.34
[10:37] {ese} be back at ya in a sec......am on a call
01[10:37] {@Threei}  consulting about comeback?
[10:38] {ese} setting up interview time with editor of Cella Magazine.......
01[10:38] {@Threei}  ah :)
[10:38] {dino} oh
[10:39] {ese} www.cellamagazine.com.......talking and typing at the same time
[10:41] {ese} ok......interview 9:15
[10:44] {ese} ok how bout them morons cutting about 100mil on program designed to protect out water for starters......they've been dismanteling social programs designed to protect the disadvantaged.....cutting environmental funding.....i'm middle class here and even with trading to help it's getting frickin near imposiblle to keep our lifestyle.....they've been gutting env
[10:44] {ese} enironmental funding....and the list goes on
[10:45] {Alexs} rofl
01[10:45] {@Threei}  tough to be left under conservative government... so many things to protest, difficult to make a choice
01[10:45] {@Threei}  how about this ese:
[10:45] {ese} lol....hit me with your best shot
01[10:46] {@Threei}  all this exists only in lefties' mind. For the rest of population it's not gutting the environment - it's cutting needless wasteful spending on programs that feed office plankton while don't do anything good for actual environment
[10:47] {dino} ese, how does cutting wasteful spending increase your costs of living?
[10:48] {ese} now theres a term i'm gonna use refering to the education ministry here in bc......."office plankton"...awesome
01[10:48] {@Threei}  or "dismanteling social programs designed to protect the disadvantaged"?
01[10:48] {@Threei}  how does it make your living more expensive?
01[10:49] {@Threei}  and who exactly are those disadvantaged?
01[10:49] {@Threei}  somali refugees?
01[10:49] {@Threei}  coming in illegal boats by hundreds?
01[10:50] {@Threei}  Invalidated  GDX
[10:50] {RonS} jailbreak happening here...from central america...100's of thousands of kids sent to get in on the youth immigration parden...
01[10:51] {@Threei}  because you have a reat leader... compassinonate... unlike Canada
[10:52] {ese} disadvantaged? take a drive down pandora street here right next to the conservatory......am refering mostly to those who cannot take care of themselves...medical problems/mental health issues.....etc not the ilegal immigrants.....thats not near as huge an issue
[10:52] {dino} and its breaking the country
01[10:52] {@Threei}  yes ese, saw them. There were there before Harper, and will be after
01[10:52] {@Threei}  what does he have to do with them, tell me please?
01[10:53] {@Threei}  are they federal responsibility?
01[10:53] {@Threei}  should he give them houses?
[10:53] {ese} I don't know anymore actually.....
01[10:54] {@Threei}  did anyone ever succeed in getting them off the street?
[10:54] {dino} f' them, tell them to get jobs
01[10:54] {@Threei}  did they want to get off ther street when offered a chance?
[10:54] {ese} noooooooooo...not a priority
01[10:54] {@Threei}  know stories about farmers inviting them to work, and them refusing?
01[10:54] {@Threei}  or similar story with construction company boss in winnipeg?
01[10:55] {@Threei}  no takers
[10:55] {ese} lol
[10:55] {ese} my goodness your a tough cookie
01[10:56] {@Threei}  what can I say... first time in many decades Canada has a leader who knows what he is doing,
[10:56] {ese} alot of the funding that used to help with these issues was in the transferr payments from fed to provincial....my wife works in that field as a public health nurse
01[10:56] {@Threei}  while USA has one who knows how to destroy it,
01[10:57] {@Threei}  and you folks a white mad about ours and in love with theirs.
01[10:57] {@Threei}  This is so backwards, I can't stop being amuzed at the irony
[10:58] {ese} what can I say... first time in many decades Canada has a leader who knows what he is doing,"....he's destryoying the reason you came here to this country vad
01[10:58] {@Threei}  do you know what happened to that funding} where it went? why their numbers were ever increasing?
[10:58] {ese} CARING!!!!
01[10:58] {@Threei}  exactly the opposite ese... he is preserving it from the destruction
01[10:58] {@Threei}  and no "caring" is not the reason I came here
[10:59] {dino} you've been drinking too much of the cool aide ese
01[10:59] {@Threei}  you are deeply mistaken about that
[10:59] {ese} no...
01[10:59] {@Threei}  here is real reason:
[10:59] {dino} nothing in politics is about caring
[10:59] {ese} true
[10:59] {dino} its all about power
01[10:59] {@Threei}  "don't intrude in my private affairs"
01[10:59] {@Threei}  you lefties love to do that
[11:00] {dino} its easy to care (spend) when you're not spending your own money
[11:00] {dino} just theft by deception
01[11:00] {@Threei}  exactly
01[11:01] {@Threei}  you want to care? please, by all means, donate from your fortune
01[11:01] {@Threei}  why do you think you have the right to take the money from others and give to your dear cause?
[11:01] {dino} why don't you and your compassionate liberal buddies write personal checks, rather than take from taxpayers
[11:01] {ese} I actually know alot of people who do that
01[11:01] {@Threei}  great
01[11:01] {@Threei}  let them do that
01[11:02] {@Threei}  but stop this tax and spend policies
01[11:02] {@Threei}  trademark of NDP
[11:02] {dino} good for them, but don't steal my money for their ideas
[11:02] {ese} my wife and i do that.....pick three charities at the beginning of the year and donate
[11:02] {RonS} Huey Long:  don't tax you, don't tax me, taz that man behind the tree...
[11:03] {dino} you need to read atlas shrugged ese...open your eyes, see through the matrix and get down to the essence
01[11:03] {@Threei}  that book is like a satan for te left, dino
[11:03] {ese} sheesh
[11:04] {ese} ya know....what do you think of medicare here in canada vad
[11:04] {dino} "contrary to what you've been taught, nobody owes you a thing"
[11:05] {nemo} yeah, it's funny...those who lived under communism shudder at what happens over here...every one of them who I've met say they hoped they'd never see it again
[11:05] {ese} thats an NDP institution......saving people hundreds of thousands in med bills
01[11:06] {@Threei}  saving, eh?
01[11:06] {@Threei}  where do those hundereds of thousands come from then?
[11:06] {nemo} or just not spending...it's a shell game of rationing
[11:06] {ese} Tommy Douglas.....Saskatchewan
01[11:06] {@Threei}  I know
01[11:07] {@Threei}  tell me where do those hundreds of thousands come from then?
[11:07] {ese} it's our tax dollars being put to work properly
01[11:07] {@Threei}  right, tax dollars
[11:07] {nemo} properly my ass
01[11:07] {@Threei}  but who told you it's properly?
01[11:07] {@Threei}  you think centralized planning works well?
[11:07] {nemo} thus my previous comment
01[11:07] {@Threei}  office plankton knows how to run things effectively?
01[11:07] {@Threei}  lol
01[11:08] {@Threei}  go anf terll that to people who wait their surgeries for years
[11:08] {nemo} remember intelligence is distributed along a bell curve
[11:08] {ese} will carry this on later.........am taking my son to his math exam....be back in 50
[11:08] {nemo} of course
01[11:09] {@Threei} Short Setup: IWM  .45 break
01[11:09] {@Threei}  If holds  .55
[11:10] {nemo} very close to 50% retrace of yesterday's move and the daily pivot
[11:10] {dino} "democracy will cease to exist when you take away from those willing to work and give to those who would not"
[11:11] {nemo} well, democracy actually doesn't work because idiots can vote
01[11:11] {@Threei}  White House: President Obama to deliver statement on Iraq at 12:30pm ET after meeting with advisers
[11:11] {dino} think about that statement nemo, thats what its saying
[11:12] {nemo} unfortunately 67% of the population have average to less than average intelligence
[11:13] {RonS} ...and 65% of the rest are the real idiots because they are lefties...
[11:14] {nemo} I have found every group along the spectrum has their own Utopia
[11:14] {nemo} IWM might be long back to vwap here
01[11:14] {@Threei}  God ‏@TheTweetOfGod 44m
01[11:14] {@Threei}  I gave mankind free will but not free wifi. Looking back I should have flipped that.
[11:14] {RonS} lol
[11:15] {goinshort} HEY I'm left handed!
01[11:16] {@Threei}  oops
[11:16] {nemo} very sinister
01[11:19] {@Threei}  die already IWM
[11:20] {nemo} spy and finnie showing life
[11:24] {RonS} coh burning
[11:25] {nemo} KORS
[11:25] {dino} gild to .15
[11:28] {RonS} Coach plunges after guidance at investor day meeting
[11:28] {RonS} Michael Kors puts active on Coach issuing guidance
[11:28] {dino} gild to .20
[11:29] {dino} competitor right ron?
[11:30] {RonS} yes
01[11:31] {@Threei}  Coach Inc Guides initial FY15 Rev down double digits, gross margin 69-70%, capex ~$400M; guides initial FY16 Rev up low single digits, expect to return to sustainable growth in FY16-17
[11:32] {dino} kors smr l .96, stop .74
[11:33] {dino} out gild .25, +.35
[11:36] {RonS} pir wrecked
[11:36] {nemo} pyrrhic
[11:36] {RonS} perfect
[11:37] {dino} ty ron, out kors .20, +.24
[11:37] {RonS} gj
[11:39] {dino} gild drop
[11:40] {RonS} wow
01[11:40] {@Threei} Short Setup: GLD  .90 break
01[11:41] {@Threei}  If holds  125
01[11:41] {@Threei}  GILD Ticking lower on circulation of reports that the Govt could launch new investigation into pricing of Sovaldi
[11:41] {RonS} investigate what?  they know the price...
01[11:41] {@Threei}  grrr IWM
[11:41] {dino} gild hl l .68
[11:45] {dino} stop gild .49, -19
[11:45] {RonS} all that's gild ed is not gold?
[11:46] {dino} classic govt wants something for nothing
[11:47] {RonS} their bonuses...
[11:47] {dino} reload .50reardon steel all over again, better product, govt won't pay
01[11:48] {@Threei}  let's change GLG to 125 break
01[11:48] {@Threei}  GLD
[11:48] {RonS} isn't it some idiot congressman making the stink?
[11:49] {RonS} waxman i think...
01[11:58] {@Threei}  Invalidated
01[11:59] {@Threei} Long Setup:  CAT  .30 break
01[11:59] {@Threei}  If holds  .20
01[11:59] {@Threei}  chance to rehabilitate yourself, CAT
01[12:01] {@Threei}  HIMX Ticking higher on circulation of reports that the company is still working with Google on its Google Glass product
01[12:03] {@Threei}  ese... may I make additional comment about reasons for me coming to Canada?
[12:05] {Alexs} do you see CAT syill valid Vad?
01[12:05] {@Threei}  yes
[12:05] {Alexs} what about .19 short?
01[12:06] {@Threei}  SPY doesn't look right
01[12:06] {@Threei}  I'd rather look for long on recross
[12:07] {Alexs} CAT lives her own life today
01[12:12] {@Threei} Long Setup:  CAT  .15 break
[12:13] {Alexs} .20 break worked
01[12:13] {@Threei} Long Setup:  CAT  .10 break
01[12:14] {@Threei}  If holds  107
01[12:20] {@Threei}  sigh
01[12:22] {@Threei} Short Setup: LVS  .80 break
01[12:22] {@Threei}  If holds  .90
01[12:33] {@Threei}  Invalidated
01[12:34] {@Threei}  Beacon Hill Park in Victoria is named #3 among Canadian parks on TripAdvisor, and guess whose photo illustrates it?
01[12:34] {@Threei}  http://www.tripadvisor.ca/TravelersChoice-Attractions-cParks
[12:34] {nemo} Ansel Adams?
[12:35] {RonS} lol
01[12:35] {@Threei}  he wished
[12:35] {nemo} it would be a remarkable feat
[12:35] {nemo} TRIP
[12:36] {nemo} WDC
[12:39] {dino} lol
01[12:47] {@Threei} Long Setup:  DAL  40 break
01[12:47] {@Threei}  If holds  .90
01[12:49] {@Threei}  change to .91 break
01[12:49] {@Threei}  aggressive
[12:49] {nemo} frickin' gold
01[12:49] {@Threei}  If holds  .85
06[12:51] * @Threei looks over the shoulder to see whether THEY have a camera in his office
[12:57] {RonS} $COH Coach closing 70 stores http://stks.co/j0jdc
[12:59] {Alexs} what's wrong with gold nemo, you've been short?
[13:00] {nemo} nope
[13:01] {nemo} don't watch it much, could be technical tied in with Iraq
01[13:01] {@Threei}  most likely, all the tensions in thw eorld
01[13:03] {@Threei} Short Setup: IWM  .30 break
01[13:03] {@Threei}  If holds  .40
01[13:10] {@Threei}  stop to .36
01[13:11] {@Threei}  to .31
01[13:13] {@Threei}  1:1
[13:14] {RonS} is this man or woman?: Nestle CEO says size matters
01[13:14] {@Threei}  lol
[13:17] {dino} tlt drop
01[13:18] {@Threei}  stop to .26
01[13:18] {@Threei}  1:2
01[13:22] {@Threei}  ahha... here is new method of recruitment:
01[13:22] {@Threei}  Ukrainian troops may be allowed to administer narcotic drugs as pain killers
[13:24] {cosmo} before or after?
01[13:24] {@Threei}  now, as if Ukraine was not screwed enough:
01[13:24] {@Threei}  International Monetary Fund mission to arrive in Kyiv on June 24
01[13:24] {@Threei}  that will finish them off
01[13:25] {@Threei}  they suggest to include drugs in standard kit a soldier carries, cosmo
01[13:25] {@Threei}  I think army will swell to 10x the size in one day, only to see everyone resigning next day
[13:29] {cosmo} prec metals running scared?
01[13:36] {@Threei}  (IQ) President Obama: Could take targeted military action on against ISIS if and when it is needed, to consult with Congressional leaders- Confirms steps have been taken to secure embassy in Bagdad, intelligence assets in Iraq have been increased - To continue boosting support for Iraq forces, could send up to 300 more military advisors - Reiterates US ground troops will not be returning to Iraq
[13:37] {RonS} "I lost Iraq and intend to keep it that way"
01[13:38] {@Threei}  "because we are caring"
01[13:51] {@Threei} Long Setup:  DAL  .70 break
01[13:51] {@Threei}  If holds  .60
01[13:58] {@Threei}  Invalidated
[13:58] {dino} mrd hl s .61 ave
[14:05] {ese} ok......just finished my magazine interview......now where were we....oh ya i remember....you were all agreeing with me re the Harper Goverment oor track record
[14:05] {ese} poor
01[14:05] {@Threei}  yup
01[14:05] {@Threei}  that's what we did
[14:06] {ese} rotflol.......
01[14:06] {@Threei}  may I make additional comment about reasons for me coming to Canada?
[14:06] {ese} sure....but i'm glad you did.......just so that you know
01[14:06] {@Threei}  two actually
[14:07] {ese} shoot
[14:07] {dino} bang
[14:07] {ese} lol
01[14:08] {@Threei}  1. for 3 years after coming here my kids stayed at home, no student visa; my wife stayed home, no working visa; we had to wait 3 years for all kinds of security checks to be completed, no work, no income, no assistance, homeshool the kids
01[14:08] {@Threei}  Now, don't get me wrong, I am not complaining,
01[14:08] {@Threei}  that was my decision, I knew no one invited me,
01[14:09] {@Threei}  and everything I had to do to overcome this was on me.
01[14:09] {@Threei}  But don't tell me about caring,
01[14:09] {@Threei}  because no one did,
[14:09] {ese} I would have
01[14:09] {@Threei}  and it was good 8 years before Harper came to power.
[14:10] {ese} Brian Mulroney govt?
01[14:10] {@Threei}  So, if you want to tell me that Canada was caring under one government and ceased to under other, I know firsthand it's not so.
01[14:10] {@Threei}  No, liberals
01[14:10] {@Threei}  Cretien
01[14:11] {@Threei}  2. "Caring," "compassion" and other crap like that had zero to do with my decision to come here. WQhat really did was:
01[14:11] {@Threei}  socilaists and socialism destroyed country I lived in,
01[14:12] {@Threei}  and what I saw when I cam was government that moved Canada in that direction,
01[14:12] {@Threei}  then Harper giovt came that reversed the course,
01[14:12] {@Threei}  and I appreciate it very much.
01[14:12] {@Threei}  You know what socialism us and what it does to people and states from NDP booklets
01[14:13] {@Threei}  and all those left wing fairy tales.
01[14:13] {@Threei}  I know it firsthand, and trust me, you wouldn't want to share that experience.
[14:14] {ese} no I wouldn't.....why not the US?
01[14:14] {@Threei}  didn't have anything and anyone there; knew one person here
01[14:14] {@Threei}  that's all
[14:14] {dino} clap!clap!clap!
01[14:14] {@Threei}  it was not "where to"
01[14:14] {@Threei}  it was "where from"
01[14:14] {@Threei}  that's why btw it turned out to be Winnipeg
01[14:15] {@Threei}  total armpit of Canada
01[14:15] {@Threei}  that one person I knew lived there, and that m,eant there was someone to meet me at airport
[14:15] {ese} I liked Winnipeg..............like Kenora Ont more.....did alot of quality music in Winnipeg
[14:15] {RonS} jewish community here sponsored many russian jews in the late '80's, early '90's...got them adjusted and on their feet...
01[14:16] {@Threei}  So... whatever you think of Harper, I know one thing which is enough for me: he moves Canada farther from Soviet Union model
01[14:16] {@Threei}  unlike your beloved NDP that keeps that model on pedestal in their wet dreams
[14:17] {ese} Every couple of weeks the band that I was with played a Jewish Barmiisfah(spelling?) at the Westin Hotel portage and main
[14:17] {dino} mrd to b/e, stuck
[14:18] {ese} now now
[14:18] {RonS} Bar Mitzvah and Bat (bot) Mitzvah for the girls...
[14:19] {dino} gild giving waxman the finger
[14:19] {ese} tks
[14:19] {RonS} sent daughter to a high end private school for junior high...those parties she attended were worth the tuition i paid...absolutely unreal
[14:20] {Alexs} why didn't you immigrate to US Vad?
01[14:20] {@Threei}  14:14] {@Threei} didn't have anything and anyone there; knew one person here
01[14:20] {@Threei}  [14:14] {@Threei} that's all
01[14:21] {@Threei}  [14:14] {@Threei} it was not "where to"
01[14:21] {@Threei}  [14:14] {@Threei} it was "where from"
[14:21] {ese} there was money spent at some of those Bar Mitzvah's than i'd ever seen in my life
[14:21] {RonS} ya, at one they flew in a dance group from New York City...
[14:21] {dino} all for turning 13, big deal
[14:22] {RonS} tradition, tradition...go see Fiddler On The Roof...
[14:22] {ese} you've been to a few at the Westin eh Ron?
[14:22] {ese} Fiddler is my favorite musical
01[14:23] {@Threei} Long Setup:  DAL  .60 break
01[14:23] {@Threei}  If holds  .54
[14:23] {RonS} never been to one...just daughter...got to see the layouts when I dropped her off...
[14:23] {ese} hows the Ron Paley band doing Ron.....thats the band I was with
[14:23] {ese} he's a big name there
[14:24] {RonS} one was at a concourse at the old airport, another at an Air Force hanger...
[14:24] {ese} how long ago?
[14:25] {RonS} wow, guess it's been 18 years...
01[14:25] {@Threei}  meh
[14:25] {ese} I left winnipeg 86/87 I think
[14:27] {ese} where in Winnipeg did you live?.....I lived south Pembina Highway close to the Bishop Grandin interchange...15 story highrise called Armadale Hollows
01[14:27] {@Threei}  Garden City
[14:27] {ese} ahhhh yes
[14:28] {ese} Ron how bout you?
[14:28] {RonS} daughter coming tomorrow with her 1 and soon to be 3 yr old...giving the 3 yr old this bike (her first) ...should be a gas:  http://www.toysrus.com/product/index.jsp?productId=17074266&cp=&parentPage=search
[14:29] {dino} mrd stop flat
01[14:29] {@Threei}  how cute
[14:29] {RonS} back seat is for a doll...
[14:30] {ese} thats the bike i ride right now to school
[14:30] {RonS} lol...12" wheels...
01[14:30] {@Threei}  god... I need to hide somewhere and photograph that
[14:30] {ese} 10"
01[14:30] {@Threei}  you mean to picket line, ese
[14:32] {ese} lol
[14:33] {ese} and speaking of which.....gotta be ther in 50min......cya tomorrow
01[14:33] {@Threei}  tough
[14:33] {Alexs} sheesh Ron children's bike for $80...
01[14:33] {@Threei}  take care ese, not too hot today
[14:33] {ese} way tougher than actually being in a classroom
[14:34] {ese} tks
[14:34] {dino} cya
01[14:34] {@Threei}  yeah, all those lefties around...
01[14:34] {@Threei}  angry at government refusing their 20% wage increase
[14:35] {RonS} bike is perfect...she fell in love with the Pinkalicious book as 2 yr old and pink became her favorite color...feels like reverse Christmas for me...guess like nemo here...turning into an old softie
[14:35] {dino} damn mrd takes my stop and drops .20
[14:35] {dino} enjoy it ron
01[14:36] {@Threei}  Ron, alex doesn't have grandkids yet... he will get when he does :)
[14:36] {RonS} sheesh:  WASHINGTON--The U.S. Supreme Court on Thursday ruled taxpayers aren't automatically entitled to court hearings to question the motives behind a summons issued by the Internal Revenue Service.
[14:37] {RonS} ...wonder when someone goes postal over this crap...
01[14:38] {@Threei} Short Setup: AAPL  .50 break
01[14:38] {@Threei}  If holds  .60
[14:41] {Alexs} yeah maybe you right Vad :)
01[14:42] {@Threei}  make a note somewhere to check it :)
[14:42] {Alexs} lol
01[14:43] {@Threei}  some things you understand only when you live them... socialism, having grandkids... {G}
[14:44] {Alexs} rofl
01[14:46] {@Threei}  I find it difficult to believe how deep the brainwashing goes...
01[14:46] {@Threei}  but looking at what happens in Russia right now, I start firmly believing Goebbels
[14:47] {RonS} it's the fresh eyes...never forget when my daughter was 4 and asked: when did color get invented?...had seen an old black & white movie and thought that everything must have been that way...
01[14:47] {@Threei}  with skillful propaganda, you can do anything with people
01[14:47] {@Threei}  wow Ron... that's something
[14:47] {RonS} ain't it the truth...just look at O...unreal
[14:48] {Alexs} we should send all young people to North Korea for a couple of weeks, when they come back they will never vote for socialists
01[14:49] {@Threei}  a year
01[14:49] {@Threei}  let them get really really desperate tp get back
[14:49] {RonS} ...but then there is Rodman...
[14:49] {Alexs} yeah it would be better...
01[14:50] {@Threei}  yeah, send hom there too, only not as personal guest of a country leader
01[14:51] {@Threei}  the worst thing is, the older I get the less I trust this battle is winnable
01[14:52] {@Threei}  through vilent revolution and dictatorship or through democracy and voting perks to themselves, but socialism wins
01[14:56] {@Threei}  wowe
01[14:56] {@Threei}  wtf
[14:56] {Alexs} aapl
01[14:56] {@Threei}  AAPL Reportedly to launch smartwatch product in October, featuring 2" curved scree and wireless charging
01[14:56] {@Threei}  sheesh
01[14:57] {@Threei}  KOG Ticking higher on takeover chatter circulating
[15:03] {dino} hl l kog .28
01[15:15] {@Threei} Long Setup:  IWM  .55 break
01[15:16] {@Threei}  If holds  .45
01[15:21] {@Threei}  stop to .49
01[15:22] {@Threei}  let this be a closing 1:4er
06[15:23] * @Threei lifts his eyes up in silent prayer
06[15:23] * @Threei promises to be good
01[15:23] {@Threei}  1:1
01[15:24] {@Threei}  hmmm
01[15:24] {@Threei}  1:2
01[15:24] {@Threei}  prayer works? Or promise?
[15:25] {Alexs} no time for prayer just sacrifice your bacon
06[15:25] * @Threei promises to promise to be good at the start of each and evry trade
01[15:25] {@Threei}  bacon?
01[15:25] {@Threei}  bacon??
[15:26] {Alexs} bacon!!!
01[15:26] {@Threei}  Alex... I am willing ti make many sacrifice... but don't ask me to give up bacon
01[15:26] {@Threei}  I just don't need life without it
01[15:27] {@Threei}  (US) House Republicans select Kevin McCarthy (R-CA) as new Majority Leader, to replace Cantor on July 31st
[15:27] {Alexs} you're ruining our trade Vad
06[15:28] * @Threei promises to pray and repeatedly promise to be good at the start of each and every trade, puring ashes on his head and confessing each and every sin he ever committed
01[15:28] {@Threei}  crap, that's going to be long confession...
[15:29] {RonS} lol
[15:31] {dino} out kog .33, +.05 whoo-hoo
01[15:31] {@Threei}  Russian intelligence agencies are covertly funding and working with European environmental groups to campaign against fracking and maintain EU dependence on Russian gas, the head of Nato Anders Fogh Rasmussen has claimed.
01[15:31] {@Threei}  but ask left, fracking is the root of all evil
[15:32] {dino} frack baby frack
01[15:44] {@Threei}  (US) New York legislators have reached a tentative deal to pass the Compassionate Care Act legalizing medical marijuana
01[15:47] {@Threei}  stop .69
01[15:49] {@Threei}  Center for Disease Control: 75 government scientists possibly exposed to live anthrax
01[15:49] {@Threei}  damn government
01[15:49] {@Threei}  or damn science?
01[15:53] {@Threei}  1:3
01[15:53] {@Threei}  glad to finish with this trade
[15:53] {dino} gj
01[15:53] {@Threei}  ty
[15:54] {Alexs} still far from the positive today
01[15:57] {@Threei}  closed last piece
01[15:57] {@Threei}  thank you all, have a good evening
01[15:57] {@Threei}  see you tomorrow
[15:58] {thomcbell} hope you all made money today
[15:58] {thomcbell} missed the day
[15:58] {dino} trgp, ngls spikes
[15:59] {dino} out gild .67, +.17

Wednesday, June 18, 2014

June 18 2014

Not our day, as market whipped up and down with no direction and low volume. A few good trades diminished the loss but couldn't erase it completely.

Session Time: Wed Jun 18 00:00:00 2014
[09:16] {troub} good morning you all
01[09:16] {@Threei}  morning troub
[09:17] {dino} gm
01[09:17] {@Threei}  dino
01[09:20] {@Threei}  ron, got the movie you recommended... should watch it tonight
[09:22] {RonS} not a great one but a pretty good plot. thought the portrayal of the Russians was interesting...gm btw
01[09:22] {@Threei}  :)
[09:24] {Alexs} gm
[09:24] {ese} morning
01[09:24] {@Threei}  alex :)
01[09:24] {@Threei}  ese :)
[09:24] {ese} alex vad
01[09:27] {@Threei}  not much volume
01[09:27] {@Threei}  ugh... I am channeling nemo
01[09:29] {@Threei}  (IR) Iran President Rohani: Iran is ready for the final step in nuclear deal, but differences remain between Iran and the world powers
01[09:29] {@Threei}  differences as in: we want it, they don't?
01[09:31] {@Threei} Long Setup:  FB  .45 break
[09:31] {dino} roc hl l .82
01[09:31] {@Threei}  If holds  .35
[09:31] {dino} out roc .25, +.43
01[09:31] {@Threei}  nope
01[09:34] {@Threei} Long Setup:  IWM  .75 break
01[09:34] {@Threei}  If holds  .70
[09:36] {ese} in .74
01[09:37] {@Threei}  meh
[09:37] {ese} stopped .64 =.10
[09:37] {ese} -.10
01[09:38] {@Threei}  grrrr
01[09:38] {@Threei}  rinse
01[09:38] {@Threei}  DKTK today should start from the opening
[09:38] {nemo} gonna' be a weird day because of granmama
[09:39] {ese} been alot of weird days or me lately
[09:40] {dino} indeed
[09:40] {ese} vad you better have that vodka filled AK47 ready for the shiskabob party
[09:40] {ese} with the transparent grenade filled as well
01[09:40] {@Threei} Long Setup:  TWTR  38 break
01[09:41] {@Threei}  If holds  .90
01[09:42] {@Threei}  Invalidated
01[09:45] {@Threei} Long Setup:  C  .85 break
01[09:45] {@Threei}  If holds  .80
[09:46] {dino} roc hl l .10 stop .88
[09:48] {dino} glng spike
[09:51] {Alexs} looks like a tight stop C Vad?
01[09:51] {@Threei}  ?
01[09:52] {@Threei}  sorry, don't understand
[09:52] {Alexs} might be rinsed
01[09:52] {@Threei}  it's an aggressive entry for .90
01[09:53] {@Threei}  not much point in aggressive if widen stop
01[09:55] {@Threei}  it's almost as if market never opened
01[09:58] {@Threei} Long Setup:  WMT  .50 break
01[09:59] {@Threei}  If holds  .40
[10:00] {dino} insm partial fill s .15
[10:02] {dino} roc to .40
01[10:02] {@Threei}  Invalidated  WMT
[10:02] {dino} out roc +.30
01[10:03] {@Threei}  meh C
[10:12] {dino} roc hl l .15
01[10:12] {@Threei} Long Setup:  TWTR  38 break
01[10:15] {@Threei}  If holds  .93
01[10:22] {@Threei}  I better go to a monastery today
[10:24] {RonS} grmn strong
[10:27] {dino} acmp hl l .30 gappy sucker
01[10:34] {@Threei} Long Setup:  FB  .50 break
01[10:34] {@Threei}  If holds  .40
01[10:38] {@Threei}  let's change to .40 break
01[10:39] {@Threei}  If holds  .35
01[10:41] {@Threei}  shrug
[10:41] {dino} atlas
01[10:42] {@Threei}  some days shouldn't exist
[10:42] {Alexs} Vad Shragged, new bestseller
[10:45] {dino} cov insm .75, +.40
[10:47] {thomcbell} ubnt 45.49  short break if holding 45.60
[10:48] {dino} tse spikey
[10:53] {thomcbell} ubnt 1:1
[10:53] {dino} gj
[10:54] {thomcbell} 1:2
01[10:54] {@Threei} Short Setup: CAT  .50 break
01[10:54] {@Threei}  If holds  .60
01[10:54] {@Threei}  wtg thom
[10:57] {thomcbell} ubnt 1:3
[10:57] {thomcbell} stock went up 11 points in straight line
01[10:57] {@Threei}  1:1
01[10:59] {@Threei}  1:2
01[11:00] {@Threei}  even a blind pig finds acorn once in a while
[11:00] {dino} vxx l .45
[11:04] {dino} vxx stop .39 -.06
[11:08] {dino} out roc .47, +.32
[11:09] {RonS} gj
[11:09] {dino} ty
[11:10] {troub} you are rocking Dino
[11:10] {nemo} troub, is your name Ron?
[11:10] {RonS} oh boy...
[11:11] {troub} no, was it that bad
[11:11] {nemo} it was an analysis not judgement on my part, obviously you've formed an opinion about Ron's commentary
01[11:12] {@Threei}  hehe
[11:12] {thomcbell} twtr
[11:12] {thomcbell} acting well all of a sudden
[11:12] {nemo} could argue aappl short here
[11:13] {nemo} so much for that
[11:14] {nemo} actually, it's held a .10 range, so I guess below .60 is valid...only thing is Fed today
[11:16] {nemo} Fed and Op Ex together
01[11:21] {@Threei} Short Setup: AAPL  .50 break
01[11:21] {@Threei}  If holds  .60
[11:28] {nemo} 1:1
[11:30] {nemo} homage to Ron:  aapl jacked
[11:31] {nemo} support at .30
01[11:31] {@Threei}  1:1
[11:40] {dino} toub, ty, lucky start
[11:44] {dino} rare spike
[11:45] {dino} qure spike
[11:46] {dino} insm hod
[11:49] {dino} outr drop
01[11:49] {@Threei} Long Setup:  AAPL  .60 break
01[11:49] {@Threei}  If holds  .50
01[11:50] {@Threei}  (US) House of Representatives committee approves a moratorium on internet taxes; could allow for additional online sales tax when put with other legislation
[11:59] {nemo} like iwm below .70?
01[11:59] {@Threei}  for short? nah
01[11:59] {@Threei}  .75 break long I do
[12:04] {dino} outr hl l .52
[12:07] {nemo} crm potential bounce territory
[12:08] {nemo} pivot .69 perfect turn-around level
01[12:16] {@Threei}  perfect DKTK
01[12:16] {@Threei}  too bad I haven't called it
[12:16] {Alexs} ?
[12:17] {Alexs} IWM?
01[12:17] {@Threei}  yes
01[12:18] {@Threei}  nemo's .70 short idea... recross of .70 was perfect long
[12:19] {nemo} we're in drift mode to granmama
[12:20] {dino} outr stop .25 -.27
01[12:21] {@Threei}  AAPL stop .54
01[12:22] {@Threei}  half out
01[12:22] {@Threei}  stop .59
01[12:23] {@Threei}  day sees some improvement
01[12:23] {@Threei}  Ukrainian President Petro Poroshenko made peace proposals for the rebellious east involving a unilateral ceasefire by government forces.
01[12:23] {@Threei}  hmmm... good luck with that
[12:25] {dino} out acmo .35, +.05, thing won't move
[12:26] {dino} outr hl l .98 stop lod
[12:32] {dino} out outr .25, +.27
01[12:34] {@Threei}  wtg
[12:34] {dino} ty
[12:41] {dino} calling it a day, gl and gn
01[13:01] {@Threei}  (US) Senate energy committee approves legislation to allow Transcanada to build Keystone XL pipeline- Vote 12-10 - Bill not yet brought to the Senate floor for a full vote
[13:02] {Alexs} hooray
01[13:06] {@Threei}  I don't think it's a final victory
01[13:07] {@Threei}  far from it
[13:25] {fish_49} Hello all
01[13:25] {@Threei}  hey fish
[13:25] {RonS} hi fish
[13:26] {fish_49} Hey Ron
[13:26] {fish_49} Raven you around?
[13:29] {fish_49} a pic for the english police Nemo
[13:29] {fish_49} http://s1332.photobucket.com/user/bkhmd/media/toad_zps784835c8.jpg.html
01[13:33] {@Threei}  don't see news for this dfrop
01[13:33] {@Threei}  maybe this:
01[13:33] {@Threei}  (EU) IMF said to have issued a statment on the EMU; reiterates calls that the ECB increase its efforts to fight risks of inflation; should consider undertaking bond purchases and QE
01[13:33] {@Threei}  IMF is as idiotic as ever
01[13:33] {@Threei}  two days ago it doled advice to USA
[13:34] {fish_49} huh  wouldnt that be the opposite?  Bond purchases and QE would increase inflation In My humble opinion
01[13:34] {@Threei}  shrug
01[13:34] {@Threei}  [13:33] {@Threei} IMF is as idiotic as ever
01[13:35] {@Threei} Short Setup: AAPL  .40 break
01[13:35] {@Threei}  If holds  .50
01[13:47] {@Threei}  nah
[13:53] {fish_49} so now Obama can decide the name of an NFL team?
01[13:53] {@Threei}  why?
[13:54] {fish_49} pulled trademark for washington redskins name?
[13:54] {fish_49} there has been a long time fight over the name...
[13:55] {fish_49} Patent and Trademark Office has canceled the trademark registrations of the Washington Redskins
[13:56] {fish_49} I should not be suprised  since he can tell the IRS  who to hassle and get away with it
[13:56] {fish_49} lost emails?  wtf
01[13:57] {@Threei}  lol
[13:59] {fish_49} no change
01[13:59] {@Threei}  LMT To Acquire Deposition Sciences, Inc.14:00*(US) FOMC HOLDS FED FUNDS RATE TARGET AT 0.25%: TAPERS BOND PURCHASES BY ADDITIONAL $10B TO $35B/MONTH; MBS PURCHASES BY $5B TO $15B (AS EXPECTED)
[14:00] {nathan} hi all
01[14:00] {@Threei}  hey nathan
[14:01] {fish_49} hey Nathan
[14:01] {nathan} fmoc?
[14:01] {fish_49} yea
[14:01] {nathan} what's up fish?
[14:01] {fish_49} everything but the Canadian Dollar
01[14:02] {@Threei}  good
[14:02] {fish_49} now the currencies correcting
01[14:03] {@Threei}  waiting for pullback entries
01[14:03] {@Threei}  IWM around .90
01[14:03] {@Threei}  AAPL around .50
01[14:04] {@Threei} Long Setup:  IWM  .90 break
01[14:05] {@Threei}  If holds  .80
01[14:05] {@Threei} Long Setup:  IWM  .70 break
01[14:05] {@Threei}  If holds  .60
01[14:05] {@Threei}  1:1
01[14:06] {@Threei}  1:2
01[14:07] {@Threei}  - Fed Rate Path Forecast: 1 official sees first hike in 2014 (1 prior), 12 officials see first hike in 2015 (13 prior); 3 see first hike in 2016 (2 prior)
01[14:08] {@Threei}  Amazon.com Inc Unveils new Fire Phone smartphone, featuring Gorilla Glass 3 and rubber frame, HD display
01[14:11] {@Threei}  ugh, missed AAPL
01[14:12] {@Threei}  went just where I wanted it
[14:12] {fish_49} but you can't complain about the IWM trade
[14:13] {fish_49} Alex get 1:5 on that one?
[14:13] {Alexs} I wish it was just one trade today...
[14:16] {thomcbell} VERY NICE VAD
01[14:16] {@Threei} Short Setup: IWM  .30 break hl
01[14:16] {@Threei}  If holds  .30
[14:16] {fish_49} tight stop
01[14:16] {@Threei}  .20 break of course
01[14:16] {@Threei}  lol
[14:16] {fish_49} lol
[14:19] {nemo} think they want to fill that spy gap
01[14:21] {@Threei}  Invalidated
[14:21] {Alexs} who wants nemo? who are these evil conspirators?
[14:22] {fish_49} the Spies
01[14:22] {@Threei}  THEY
[14:22] {Alexs} ahh
01[14:26] {@Threei} Short Setup: IWM  .30 break
01[14:26] {@Threei}  If holds  .40
[14:27] {fish_49} School out for the summer ese?
01[14:29] {@Threei}  they are on strike against summer, fish
[14:29] {nathan} lol
[14:30] {fish_49} ahhh  they don't like vacation?
01[14:31] {@Threei}  they hate it
[14:31] {nemo} there's your gap close...huge ES block just traded
[14:31] {fish_49} yea
[14:32] {nemo} now you can look for shorts
[14:32] {thomcbell} spx futures?
[14:32] {nathan} thanks for ur clarifications
[14:32] {nathan} ;-)
[14:32] {fish_49} ES has gap at 1944 not filled
[14:32] {fish_49} but that Gap may have been from Rollover
[14:33] {nemo} they used them to close the spy gap fish face
[14:34] {Alexs} why did you call IWM first time hl and then full Vad?
[14:34] {fish_49} another 10 billion cut
[14:35] {nemo} yeah, but there still financing 600 billion of the deficit a year
01[14:36] {@Threei} Short Setup: AAPL  .95 break
01[14:36] {@Threei}  If holds  .05
[14:36] {nemo} Yellen speaking now
[14:36] {fish_49} yea
[14:37] {fish_49} where ya been toad  she is 15 minutes into her speach
[14:37] {fish_49} she just said to Tell Nemo hello
[14:37] {nemo} watch headline risk
01[14:39] {@Threei}  1:1
[14:42] {nathan} nemo can u explain bit more about the spy before?
[14:42] {nathan} didnt catch it
[14:48] {Alexs} do you still keep AAPL Vad?
01[14:48] {@Threei}  yes
01[14:49] {@Threei}  half
[14:49] {Alexs} yes
01[14:51] {@Threei}  not anymore
[14:51] {Alexs} sheesh was 1 cent from 1:2
[14:52] {fish_49} the guy asked in a polite way.. Is there a bubble in the markets
01[14:52] {@Threei}  yeah
[14:53] {Alexs} she always answers in a polite way : yes
[14:56] {fish_49} for the first time, the fed is not blaming weather on the slower growth and slight increase in inflation
[15:03] {fish_49} ES gap filled
01[15:06] {@Threei}  FB should be topping after next spike
[15:09] {fish_49} around .50?
01[15:09] {@Threei}  .40 - .50 is my thinking
01[15:10] {@Threei}  .40 recross if holds .50
[15:10] {fish_49} I can't short but enjoy watching it
01[15:13] {@Threei}  sigh
[15:13] {fish_49} missed by a few ticks
01[15:16] {@Threei} Short Setup: FB  .30 break
01[15:17] {@Threei}  If holds  .40
01[15:18] {@Threei}  Invalidated
[15:19] {nathan} have fun gents
[15:19] {fish_49} good eve Nat
01[15:20] {@Threei} Short Setup: FB  .35 break
01[15:20] {@Threei}  If holds  .45
[15:23] {Alexs} why do you see it short?
01[15:23] {@Threei}  just going with setups that shape up
[15:23] {fish_49} Janet finished
[15:24] {Alexs} looks like .40 long
01[15:25] {@Threei}  .45, maybe
[15:25] {fish_49} funny how it is viewed in different manners
01[15:25] {@Threei}  .40 is neither here nor there
[15:25] {fish_49} I see it as .49 Short  lol
01[15:30] {@Threei}  sigh
01[15:30] {@Threei}  I hate today
01[15:33] {@Threei}  .45 break long worked
[15:34] {fish_49} time of day worked against us on that one....
[15:34] {fish_49} since Alex went long  maybe he will share his earnings with us
[15:34] {fish_49} Good Eye Alex
[15:35] {Alexs} didn't have courage to go against the master ))
01[15:36] {@Threei}  [15:25] {@Threei} .45, maybe
[15:38] {fish_49} .65 short is valid also
01[15:38] {@Threei}  yes
01[15:39] {@Threei} Short Setup: FB  .65 break
01[15:39] {@Threei}  If holds  .65
01[15:39] {@Threei}  If holds  .75
01[15:39] {@Threei}  last try
01[15:40] {@Threei}  stop to .71
01[15:40] {@Threei}  touched 1:1 briefly
[15:40] {fish_49} touched 1:1
[15:44] {fish_49} fallnow faceless Bch  I mean Book
01[15:46] {@Threei}  ok
01[15:46] {@Threei}  did I mention that I hate today?
[15:46] {fish_49} I blame that one on nemo
01[15:46] {@Threei}  have a good evening guys, see you tomorrow
[15:46] {fish_49} enjoy evening  walk well take some good shots



Tuesday, June 17, 2014

June 17 2014

Decent day, not without stops but with wins handily outweighing them. A few 1:3ers surely helped, on IWM and DAL in particular


Session Time: Tue Jun 17 00:00:00 2014
[08:49] {dino} gm
01[08:49] {@Threei}  morning dino
[08:58] {thomcbell} gm all
01[08:59] {@Threei}  thom :)
[09:04] {dino} ko spike
01[09:05] {@Threei}  KO Fox News's Bartiromo talks with Wintergreen Advisors about possibility of taking Coca-Cola private
[09:11] {Alexs} gm
01[09:11] {@Threei}  alex :)
[09:12] {RonS} hi guys
01[09:12] {@Threei}  ron :)
[09:15] {troub} good morning you all
01[09:16] {@Threei}  troub :)
01[09:25] {@Threei}  urgent move by WH:
01[09:25] {@Threei}  (US) President Obama to announce creation of offshore marine preserve in the Pacific Ocean - pressUnder the plan, Obama will declare ocean areas 200 nautical miles offshore of seven US-controlled Pacific islands and atolls as a protected national monument.
[09:26] {dino} idiot
01[09:27] {@Threei}  this is all calculated I believe... now Iraqi rebels won't be able to invade those islands
[09:28] {dino} lol
01[09:28] {@Threei}  they call it containment
[09:28] {dptl} good morning
01[09:29] {@Threei}  dp :)
01[09:32] {@Threei} Long Setup:  FB  .20 break
01[09:32] {@Threei}  late
01[09:32] {@Threei}  no secondary entry, touched 1:1
01[09:33] {@Threei} Short Setup: FB  .20 break
01[09:33] {@Threei}  If holds  .30
01[09:33] {@Threei}  Invalidated
01[09:36] {@Threei} Short Setup: TWTR  .85 break
01[09:36] {@Threei}  If holds  .95
01[09:37] {@Threei}  no go
01[09:39] {@Threei} Short Setup: FB  .40 break
01[09:39] {@Threei}  If holds  .50
01[09:40] {@Threei}  Invalidated
01[09:41] {@Threei} Long Setup:  IWM  116 break
01[09:41] {@Threei}  If holds  .90
01[09:44] {@Threei}  1:1
01[09:44] {@Threei}  1:2
[09:44] {dino} gild hl l .15
[09:45] {dino} rspp spike
01[09:45] {@Threei}  1:3
01[09:45] {@Threei}  out
[09:45] {dino} gj
01[09:46] {@Threei}  ty
01[09:46] {@Threei}  too soon
01[09:46] {@Threei}  had this feeling it had more in it
01[09:47] {@Threei} Short Setup: FB  .50 break
01[09:47] {@Threei}  If holds  .60
[09:50] {thomcbell} clne 11.18 long break if holding 11.08
01[09:50] {@Threei}  Hundreds of thousands of dollars were no doubt spent by military personnel during the U.S. Navy’s visit to Victoria over the weekend, said the president of the Greater Victoria Chamber of Commerce.
01[09:50] {@Threei}  evil plans...
[09:51] {dino} hookers were busy i suppose
01[09:51] {@Threei}  and we don't tax them... :(
01[09:52] {@Threei}  die already FB
[09:52] {nemo} market going straight up
01[09:52] {@Threei}  sheesh IWM
01[09:52] {@Threei}  1:6
[09:53] {nemo} iwm going for gap close
01[09:53] {@Threei}  trail FB to .56
[09:54] {Alexs} you don't have sales tax in BC Vad?
01[09:55] {@Threei}  we do
[09:55] {Alexs} why you said you don't tax them?
01[09:56] {@Threei}  services are not taxed pn provincial level, only on federal
01[09:56] {@Threei}  1:1
01[09:56] {@Threei}  finally
01[09:56] {@Threei}  Teachers start provincewide strike today after talks fail
01[09:56] {@Threei}  A full-scale, provincewide strike is set to hit B.C. public schools this morning after a weekend of bargaining failed to produce a contract for teachers.
01[09:56] {@Threei}  ese with banner in picket line
01[09:57] {@Threei}  1:8 IWM
[09:57] {RonS} you have got to get a shot of that...
01[09:57] {@Threei}  with just one red bar
01[09:57] {@Threei}  if I find out where his line is :)
[10:00] {thomcbell} flattening clne as a flat trade here
[10:00] {thomcbell} should have gone there
01[10:01] {@Threei}  1:2
01[10:06] {@Threei}  most amazing IWM drive
01[10:06] {@Threei}  1:11
[10:07] {dino} nice
[10:21] {thomcbell} scty getting retarded here
[10:21] {thomcbell} no setup yet
01[10:21] {@Threei}  SCTY Chairman Musk: Solar City did not need to become a solar panel manufacturer until now, saw risk of panel shortages in the future - conf call comments
01[10:22] {@Threei}  - Goal is for unsubsidized solar power to cost less than grid electricity from coal or fracked gas - There will be "tens of gigawatts" of demand for rooftop solar in the future
01[10:22] {@Threei}  speaking of which, I liked the idea of solar roadways better
[10:24] {RonS} solar hats? would give new meaning to the term "lit up"...
[10:28] {RonS} then again, if you want some heat, be short Elon Musk...
01[10:29] {@Threei}  lol
01[10:29] {@Threei} Short Setup: CAT  .50 break hl
01[10:29] {@Threei}  If holds  .60
[10:32] {RonS} does everyone in Canada know Musk's mother was/is a Canadian?
01[10:33] {@Threei}  I doubt many know who Musk is
[10:33] {thomcbell} the tony stark complex is back
[10:33] {nemo} wasn't she originally from SA
[10:33] {thomcbell} tsla scty
[10:33] {RonS} she moved to SA
01[10:34] {@Threei}  1:1
[10:58] {dino} dwa l .51
01[11:03] {@Threei} Long Setup:  FB  .35 break
01[11:03] {@Threei}  If holds  .25
[11:05] {dino} ipcm drop
01[11:07] {@Threei}  no go
[11:10] {nemo} lvs
[11:11] {Alexs} at what price did you cover FB Vad?
01[11:11] {@Threei}  .21
[11:13] {dino} ghl hl l .73 stop .59
01[11:27] {@Threei} Short Setup: DAL  .35 break
01[11:27] {@Threei}  If holds  .45
[11:28] {Alexs} agressive for .30 ?
01[11:29] {@Threei}  yeah
[11:31] {dino} dwa to .62
[11:33] {dino} out dwa .62, +.11
[11:35] {troub} gj dino
[11:42] {dino} ty
01[11:48] {@Threei}  - Trading volumes and volatility continue to be very low in US equity markets, and indices are not doing much this morning ahead of Wednesday's FOMC meeting and press conference
[11:49] {RonS} cub mauled
[11:56] {goinshort} morning all - anything going on?
[11:56] {dino} mcrs spike
01[11:56] {@Threei}  hey gs
01[11:56] {@Threei}  decent morning, slowed down now
[11:57] {goinshort} looks slow
01[11:58] {@Threei}  DAL .35 short in progress
[11:58] {dino} sm l .30
[11:58] {RonS} Trading halted for Micros: Oracle nearing deal to buy Micros Systems for more than $5b via @BloombergNews sources.
[11:59] {dino} out flat
[12:06] {dino} sm l .74
01[12:10] {@Threei}  no go
[12:10] {dptl} cant beleive this dal
[12:10] {goinshort} stopped me out too
[12:12] {dino} mcrs stop is b/e, lets see f it can go
01[12:15] {@Threei} Long Setup:  IWM  .10 break
01[12:15] {@Threei}  If holds  117
[12:16] {Alexs} DKTK ?
01[12:16] {@Threei}  yup
[12:17] {nemo} iwm likely going to R3 today
[12:19] {Alexs} where is R3 ?
[12:19] {dino} out mcrs .00, +.26
01[12:20] {@Threei}  wtg
[12:21] {dino} mcrs sm s .95
01[12:22] {@Threei}  1:1  IWM  close enough
01[12:23] {@Threei}  ha;f out
[12:23] {dino} bs to .65
[12:25] {dino} cov .64, +.31
01[12:27] {@Threei}  nice scalping
[12:31] {dino} ty
[12:31] {dino} est 66.60s on 5b buy, imo
[12:33] {dino} sm s .55
[12:34] {dino} cov .15, +.40
01[12:41] {@Threei}  1:2
[12:46] {dino} cbi drop
01[12:54] {@Threei}  wpw
01[12:54] {@Threei}  4 golf players struck by lightning in Toronto
01[12:54] {@Threei}  dino... you need to find another hobby
[12:55] {dino} lol
[12:56] {Alexs} did they survive?
01[12:56] {@Threei}  3 in critical condition in the hospital
[13:02] {RonS} ever met anyone hit by lightning?...they are goofy and really are never the same person again
01[13:03] {@Threei}  no but I met someone who was wearing a protective helmet when a brick fell on his head
01[13:03] {@Threei}  he just smiled and shrugged
01[13:03] {@Threei}  and he smiles and shrugs every 10-15 seconds ever since
01[13:11] {@Threei}  3 upgraded to stable, one in critical
[13:27] {dino} gild hl l .74
[13:34] {nemo} I wonder if Les got hit by lightning
[13:37] {dino} ghl stop .80, +.08
[13:39] {dino} gmcr spike
[13:40] {nathan} hi all
01[13:40] {@Threei}  hey nathan
[13:40] {dino} hey nat
01[13:41] {@Threei}  looking to repeat IWM on pullback
01[13:53] {@Threei} Long Setup:  IWM  .30 break
01[13:53] {@Threei}  If holds  .20
01[14:01] {@Threei}  nah
01[14:05] {@Threei}  G20 financial industry regulators reportedly considering instituting new capital buffers; would include mandatory bail in bonds for global banks - Japan press- New regulations would apply to the top approximately 25 banks worldwide; requiring additional capital buffers against losses
01[14:05] {@Threei}  mandatory bail in... heh
01[14:06] {@Threei} Short Setup: DAL  .70 break
01[14:06] {@Threei}  If holds  .80
[14:07] {Alexs} next step is a mandatory nationalization
01[14:14] {@Threei}  Federal pipeline announcement coming this afternoon. Demonstrations already planned.
01[14:14] {@Threei}  lol
[14:15] {Alexs} keystone?
01[14:15] {@Threei}  no
01[14:15] {@Threei}  northern pipeline, taking alberta oil to west coast
01[14:15] {@Threei}  to supply asia
01[14:16] {@Threei}  pushback promises to be vicious
[14:16] {RonS} the real reason the teachers went on strike...
01[14:25] {@Threei}  stop to .76
01[14:27] {@Threei}  left plans so called "citizen initiative" to block the pipeline
01[14:28] {@Threei}  BC is the only province where this process succeeded
[14:34] {dino} cbi blood, rumurs shaw being written off
[14:36] {RonS} no way...
01[14:36] {@Threei}  (IQ) US Senate minority leader McConnell (R-KY): President Obama has asked to meet with leaders of Congress tomorrow at 1500ET, expectation is for discussions on Iraq
[14:37] {goinshort} dive DAL dive !
[14:38] {goinshort} that helped
06[14:38] * @Threei puts a jackhammer to DAL's head
01[14:40] {@Threei}  1:1
[14:42] {dino} move s .68
[14:44] {dino} cov move .48, +.20
[14:52] {nathan} gn guys
[14:52] {nathan} take
01[14:53] {@Threei}  take care nathan
[14:53] {nathan} care
[14:53] {dino} move s .88
[14:55] {dino} stop .05
[14:55] {dino} -.17
[14:56] {dino} reload s .17
[14:58] {nemo} we're in the FED event horizon
[14:58] {dino} cov move .81, +.36 dl
[15:07] {dino} fed tomorrow?
01[15:08] {@Threei}  yes
01[15:08] {@Threei}  1:2
01[15:08] {@Threei}  good girl DAL
[15:12] {dino} odd home sales -6% last month, but trla, z, move rocking
[15:16] {RonS} but what were the sales numbers on the even ones?
[15:18] {dino} cveo drop
[15:19] {dino} hl l .02
[15:21] {dino} stop .80 -.22
[15:23] {dino} rinsed
01[15:25] {@Threei}  closed DAL at 1:3 of course
[15:25] {dino} gj
01[15:25] {@Threei}  remember that stop it gave us earlier?
01[15:25] {@Threei}  got our revenge
[15:25] {dino} move moving again
[15:29] {nemo} could make an argument for iwm long here
[15:30] {Alexs} what the target nemo?
[15:30] {nemo} first above .90
[15:31] {nemo} sorry
[15:31] {nemo} .15
[15:31] {nemo} was looking at tna
[15:31] {dino} cveo reloaded .60
[15:31] {nemo} if it farts around too long without getting through .15 just take the scalp
[15:32] {nemo} spy and finnies look iffy
[15:32] {dino} watt spike
[15:32] {nemo} oh jeez, Ron should be popping off any second now
[15:33] {dino} out cveo .87, +.27
[15:35] {nemo} I'd have a stop under .10 now
[15:35] {nemo} bastids making it difficult
[15:37] {nemo} look at that hammer forming bastids
[15:39] {nemo} missed frickin' target by the proverbial "hair"
[15:46] {dptl} ok, see you latter all...have a good one
01[15:46] {@Threei}  thank you all
01[15:46] {@Threei}  have a good evening, see you tomorrow
[15:52] {dino} out gild .86, +.12
[15:52] {dino} calling it a day, thx all and gn

Monday, June 16, 2014

June 16 2014

Very strong day for us, with just one stop and many winners - 2 of them being 1:3ers. FB, IWM, TWTR were our plays.


Session Time: Mon Jun 16 00:00:00 2014
01[09:01] {@Threei}  *(CA) CANADA MAY EXISTING HOME SALES M/M: 5.9% V 2.7% PRIOR
[09:01] {dino} gm
[09:02] {dino} everybody moving to canada
[09:02] {RonS} gm...and Ireland
01[09:03] {@Threei}  dino, ron :)
01[09:03] {@Threei}  well, I knew there was areason for that warship visit
[09:05] {RonS} holding breath...turning purple...
01[09:06] {@Threei}  for?
[09:06] {RonS} the reason
01[09:06] {@Threei}  oh... buying our houses!
[09:06] {RonS} ah
01[09:07] {@Threei}  that was a finish of previous theme, not a start of a new one :)
[09:07] {RonS} thought maybe they were strike breakers...
01[09:07] {@Threei}  hey... that's an idea
[09:14] {dptl} good morning
[09:14] {troub} good morning you all
01[09:14] {@Threei}  dp :)
01[09:14] {@Threei}  troub :)
[09:15] {RonS} 3i, have you seen the movie Jack Ryan:  Shadow Recruit?
01[09:15] {@Threei}  no
01[09:15] {@Threei}  good one?
[09:16] {RonS} Ruskies as bad guys, wondered what you might have thought of the portrayal
[09:16] {RonS} terrorist attack, combined with $ crash
01[09:17] {@Threei}  new one, this year I see
01[09:17] {@Threei}  gotta watch it
[09:18] {RonS} but, before there was Jack Bauer, there was Jack Ryan...
01[09:18] {@Threei}  hehe
[09:20] {RonS} US corp tax rate is the true "giant sucking sound"...
[09:22] {RonS} wmt 59 day low
[09:22] {cosmo} corp tax rate?
[09:22] {cosmo} its too low as it is...
[09:22] {RonS} corp moving domicile due to rate...
[09:22] {RonS} +s
[09:23] {cosmo} then its a zero corp tax rate
[09:23] {cosmo} for those that move
[09:23] {ese} poppin in to hi before walking a picket
[09:23] {ese} say hi
01[09:23] {@Threei}  hey ese
[09:24] {ese} hey vad
01[09:24] {@Threei}  no deal still?
[09:24] {RonS} mdt buys cov to go to ireland
[09:24] {ese} not yet
[09:24] {RonS} does 2 pickets make a fence?
[09:25] {ese} lol
[09:25] {ese} not in my case......
[09:25] {Alexs} gm
[09:25] {RonS} picket and grin it?
[09:25] {ese} alex
[09:26] {Alexs} ese :)
01[09:26] {@Threei}  alex :)
[09:26] {Alexs} Vad :)
01[09:29] {@Threei} Short Setup: FB  .10 break
01[09:29] {@Threei}  If holds  .20
01[09:30] {@Threei}  1:1
01[09:30] {@Threei}  1:2
[09:31] {thomcbell} watching wft for a long entry
[09:32] {nemo} yhoo
01[09:34] {@Threei}  (US) IMF lowers US 2014 GDP forecast to 2.0% from 2.8% prior (cites weather impacted Q1); maintains 2015 GDP forecast at 3%
01[09:36] {@Threei} Long Setup:  YHOO  .85 break
01[09:36] {@Threei}  If holds  .77
01[09:37] {@Threei}  1:1
01[09:38] {@Threei}  1:2
01[09:38] {@Threei}  actuall 1:3 but I didn't catch ot, lol
[09:39] {Alexs} I did ty :)
01[09:39] {@Threei}  wtg
01[09:41] {@Threei} Long Setup:  MDT  .40 break hl
01[09:42] {@Threei}  If holds  .30
[09:42] {nemo} Covidien is HQ'd next town over from me
01[09:43] {@Threei}  Invalidated
01[09:43] {@Threei}  but on watch for better entry
01[09:43] {@Threei} Long Setup:  IWM  .80 break
01[09:44] {@Threei}  If holds  .70
[09:47] {dino} smr l ypf .01, wide
01[09:51] {@Threei}  stop .74
[09:53] {Alexs} The International Monetary Fund released its annual review of the U.S. economy on Monday and called on the U.S. to raise its federal minimum wage rate
[09:53] {Alexs} wtf !
01[09:53] {@Threei}  imbeciles
01[09:53] {@Threei}  correction: meddlesome arrogant imbeciles
[09:54] {dino} ypf stop -.30, stupid, got greedy
01[09:54] {@Threei}  that's not all
01[09:54] {@Threei}  read this:
01[09:54] {@Threei}  - endorses increase in the US minimum wage, increase infrastructure spending and education; tax reform is necessary - calls for tax credits for R&D to help growth; increase in gasoline tax; reform corporate taxes and perhaps launch a carbon tax and a federal VAT
01[09:55] {@Threei}  lord, make me a president of USA for 3 minutes
[09:55] {Alexs} lol they whant to kill us
01[09:55] {@Threei}  1 minutes to deal with IMF, one - with UN
01[09:55] {@Threei}  and one to to have a drink and cigar while marveling at my work
[09:56] {Alexs} :)
01[09:56] {@Threei}  half out IWM
[09:56] {dino} i'd just say, in my best hank reardon voice, "get out of the way"
01[09:56] {@Threei}  stop .79
[09:56] {dino} dwa hl l .25 stop lod
01[09:56] {@Threei}  out
[09:57] {dino} gild  odd, phase III hep c, 100% success, stock moves .39
01[09:58] {@Threei}  wow MDT
01[09:58] {@Threei}  rather your client, dino, ron
01[09:59] {@Threei}  *(US) JUN NAHB HOUSING MARKET INDEX: 49 V 47E
[09:59] {dino} takeover, no idea
01[10:00] {@Threei}  Russia explodes at Ukraine after one of its top diplomats called Putin a 'd-head'
01[10:00] {@Threei}  actually what he called him a much more rude
[10:00] {dino} roflol
01[10:00] {@Threei}  I really don't know how to translate that
[10:00] {dino} bunch of high school kids running the world
[10:02] {Alexs} what was original word Vad?
01[10:03] {@Threei}  huilo
[10:03] {Alexs} lol
01[10:03] {@Threei}  very dimplomatic, eh? :)
01[10:03] {@Threei}  grrr IWM
[10:07] {RonS} mdt cov trading like this deal is going to be blocked...
01[10:10] {@Threei} Long Setup:  TWTR  .40 break
01[10:10] {@Threei}  If holds  .30
01[10:12] {@Threei}  1:1
01[10:15] {@Threei}  1:2
[10:16] {thomcbell} watching ntap for short entry
01[10:23] {@Threei}  took 36 thom?
[10:26] {thomcbell} no i stepped away
[10:26] {thomcbell} this stock should not be up on a fio takoever
[10:26] {thomcbell} it should be down
[10:27] {thomcbell} in my opinion
[10:31] {dino} cbi hl l .95
[10:36] {RonS} CBI opening call buyer »»
[10:36] {RonS} 1000 CBI Jul14 77.5 Calls $1.30
01[10:37] {@Threei} Short Setup: TWTR  .25 break
01[10:37] {@Threei}  If holds  .35
01[10:38] {@Threei}  1:1
01[10:39] {@Threei}  Poroshenko plans to regain control on Ukrainian-Russian border within a week
01[10:39] {@Threei}  he already planned to cease fire within a week
[10:42] {dino} wmb smr s .55 stop .76
[10:48] {dino} cov wmb .15, +.40
[10:50] {RonS} wmgi spike
[10:50] {dino} oilt?
01[10:52] {@Threei}  no news
[10:52] {dino} wmgi hl s .23
01[10:52] {@Threei}  WMGI Hearing takeover chatter circulating
01[10:57] {@Threei} Short Setup: FB  .20 break
01[10:57] {@Threei}  If holds  .30
01[10:58] {@Threei}  quick 1:1
01[10:58] {@Threei}  Poroshenko hopes for end to conflict in country's east this week
01[10:58] {@Threei}  and I thought I was going to have busy week!
01[10:59] {@Threei}  I think I can be a president... it doesn't look too difficult: you say what you are going to achieve this week; next week you repeat it
01[10:59] {@Threei}  the only problem arises if for some reason what you planned actually happens... then you have to come up with new plan
[11:00] {Alexs} lol
01[11:00] {@Threei}  Russia halts gas supplies to Ukraine a
[11:00] {RonS} be like O, when nothing ever works out for you just say "it's time to move on, tha is old news"
01[11:01] {@Threei}  right, that's another good pointer
[11:01] {dino} or its bush's fault
01[11:01] {@Threei}  third... man, I feel fully ready
[11:01] {RonS} or i lost the emails...
01[11:01] {@Threei}  worst case scenario: Putin's dog ate my homework
[11:01] {RonS} lol
[11:02] {dino} hillry just says i forgot to look in the closet
[11:02] {RonS} or Putin is a dog and ate my homeowrk
01[11:02] {@Threei}  lol
01[11:02] {@Threei}  twice (most recently in the thick of the Ukrainian crisis), well aware of Ms. Merkel’s deep-seated fear of dogs, he let his big, black Labrador Koni into the room with her, even sniff her legs, and watched with a peculiarly passive expression.
[11:02] {dino} cbi stuck, to b/e
[11:03] {RonS} uthr all over the place today...
[11:03] {RonS} imo need to wait for europe close cbi...
[11:04] {dino} why ron?
[11:04] {RonS} swiss based
[11:04] {dino} ahh. the chicago threw me
[11:04] {dino} out flat
01[11:06] {@Threei}  1:3
01[11:06] {@Threei}  out
[11:07] {dino} gj
01[11:09] {@Threei}  ty
01[11:09] {@Threei}  so far, 100% day
[11:11] {dino} ty ron, cov wmgi .97, +.26
[11:11] {RonS} np
01[11:29] {@Threei} Short Setup: IWM  .40 break
01[11:29] {@Threei}  If holds  .50
01[11:31] {@Threei}  1:1
[11:32] {Alexs} can't do wrong day :)
01[11:32] {@Threei}  yup
01[11:34] {@Threei}  1:2
01[11:38] {@Threei}  - Small biotech name Bluebird Bio saw remarkable gains in the premarket this morning, with shares up as much as 70%, although they have dropped to a mere 40% gain as of writing. Bluebird is a developer of therapies that aim to repair the genetic defects at the root of rare diseases
01[11:47] {@Threei}  while waiting for the next setup... look at the complex natural geometry of this lucky shot:
01[11:47] {@Threei}  https://www.facebook.com/photo.php?fbid=666613830084802&set=a.488848774527976.1073741828.483178015095052&type=1&theater
[11:50] {dino} oilt taunting me
[11:50] {Alexs} I would call that picture a Soup Set
[11:50] {dino} jva drop
[11:59] {dino} taxi drop
01[11:59] {@Threei}  as in, fish soup? with some turtle?
[12:00] {Alexs} and probably some flamingo..
[12:18] {nemo} iwm looks short
[12:19] {dino} scanners dead already
[12:22] {nemo} well, guess it'll test the highs first
[12:28] {dino} nuan
[12:29] {dino} hl s .75
[12:30] {RonS} NUAN Dow Jones Reports Nuance Has Held Talks With Samsung, PE Firms, According to Sources
[12:35] {dino} cov nuan .35, +.40
[12:42] {nemo} yhoo stealthily mvoing up
[12:42] {dptl} i may take .25 break long
01[12:52] {@Threei}  nemo
01[12:52] {@Threei}  this one's for you if you promise to keep calm
01[12:52] {@Threei}  https://www.facebook.com/photo.php?fbid=667242783355240&set=a.488848774527976.1073741828.483178015095052&type=1&theater
01[13:05] {@Threei} Long Setup:  FB  .50 break
[13:05] {Alexs} where did you make a picture of mt Baker Vad?
01[13:05] {@Threei}  If holds  .40
01[13:05] {@Threei}  it's visible from our shores Alex
[13:05] {Alexs} wow
01[13:06] {@Threei}  any beach orientated that way
[13:09] {RonS} on a clear day can't you see 3-4 of them?
01[13:10] {@Threei}  depends on amount of vodka
[13:10] {Alexs} :)
[13:10] {RonS} rotflol
[13:10] {RonS} ok then 6-8...
[13:11] {dino} nuan s .71
01[13:11] {@Threei}  Economic side of Ukraine, EU association agreement set to be signed on June 27
[13:13] {Alexs} interesting, will it inlude Crimea?
[13:13] {Alexs} include
[13:20] {nathan} hi gents
01[13:21] {@Threei}  hey nathan
01[13:22] {@Threei}  probably FB from under .20
01[13:22] {@Threei}  nathan, need a list of things you missed today, to catch up?
01[13:23] {@Threei} Long Setup:  FB  .20 break
01[13:23] {@Threei}  If holds  .10
[13:27] {dino} shpg
01[13:27] {@Threei}  1:1
[13:28] {dino} smr s 188.61
[13:28] {nathan} short TGT?
[13:29] {nathan} not a good idea
[13:29] {dino} cov 185.61, +3
[13:30] {dino} tough crowd
01[13:30] {@Threei}  we can't count that far dino
[13:38] {dino} nuan stop .80 -.09
[13:38] {dino} zoes drop
[13:58] {dino} nuan s .90 stop hod
[14:04] {RonS} gee dad, what did you do today...shire went up $11 bucks and i made 3 shorting it...
[14:05] {nemo} yhoo testing 35
[14:05] {dino} :)
01[14:06] {@Threei}  poor ese:
01[14:06] {@Threei}  The head of the BC Teachers Federation says the full scale strike planned for Tuesday is still imminent, after a weekend of bargaining.
01[14:06] {@Threei}  now, get this:
01[14:06] {@Threei}  the union offered a 5-year deal with an 8% overall salary increase. That brings them to within about one percentage point from the government’s position. The BCTF also asked for a $5-thousand dollar signing bonus, up from $1200 offered by the government.
01[14:06] {@Threei}  5K signing bonus for teacher
[14:06] {dino} crazy
01[14:07] {@Threei}  mfers should pay for this position!
[14:08] {dptl} have to leave early...see ya tomorrow all
[14:09] {dino} cya dp
01[14:09] {@Threei}  take care dp
[14:23] {dino} vnce spike
[14:47] {dino} nuan to .77
[14:48] {dino} to .71
[14:49] {dino} cov nuan .70, +.20
[14:51] {nathan} politicians in spain are willing to include drugs and prostitutes in the GDP
[14:51] {nathan} can u believe it?
01[14:51] {@Threei}  hehe
01[14:51] {@Threei}  we already had fun about that
[14:51] {nathan} they don't know wherelse shake the money maker
[14:54] {dino} lgnd drop
[14:57] {dino} lgnd hl l .51
[14:58] {dino} out lgnd .95, +.44
[14:59] {nathan} wow
[14:59] {nathan} gj dino!
[14:59] {dino} ty
[14:59] {nemo} Dino's a great spear catcher
[14:59] {dino} you missed my $3 trade on shpg, took about 60 seconds
[14:59] {nathan} what?!?!?!?!?!!
01[15:00] {@Threei}  yup
[15:00] {dino} scroll up13:30
01[15:00] {@Threei}  you missed a lot today nathan
[15:00] {nathan} sorry but i cant count this
01[15:00] {@Threei}  100% day
01[15:00] {@Threei}  and couple interesting discoveries
[15:00] {nathan} thanks to remind me Vad :-)
[15:00] {nathan} which ones?
01[15:00] {@Threei}  1. if you make fish soup with turtles, you need to add flamingoes
[15:00] {dino} 4 stops on 11 trades
01[15:01] {@Threei}  2. If you down 3 glasses of vodka, you can see from 6 to 8 Mot Bakers while looking from Canadian side to US
[15:01] {nathan} lol
[15:02] {dino} 3. if is a word in the middle of life
[15:02] {nathan} i have to read todays chat
[15:02] {dino} better day than last two weeks (for me at least)
[15:03] {nathan} with a $3 trade... i bet so!
[15:03] {dino} was smr size, only 200
[15:03] {dino} sh
[15:04] {nathan} :-)
[15:04] {nathan} how much is that... i only know how to count up to 20 cents :-)
[15:05] {dino} :)
[15:08] {dino} lgnd still dropping
[15:11] {RonS} Lemelson Capital Makes Short Case Against Ligand Pharma ($LGND) http://stks.co/j0idm
[15:12] {dino} lgnd partial fill l .75
01[15:17] {@Threei} Short Setup: IWM  .80 break
01[15:17] {@Threei}  If holds  .90
[15:17] {dino} lgnd partial out .35, +.60
01[15:18] {@Threei}  (US) Fed reportedly considering bond fund exit fees to reduce chances of runs on the market - FT- Said to underscore the regulators' worries over potential vulnarability of the corporate bond market. - Report further noting the increase in regulation has led to about a 75% drop in bank inventories of bonds relative to the pre-GFC $235B level, while US retail investors account for over $1T in bond fund investment since 2009; Exit fees would also discourage retail investors from pulling their funds.
[15:18] {dino} screw the little guy again
[15:20] {nemo} iwm two way
[15:22] {dino} out remaining lgnd .35, +.60
01[15:29] {@Threei}  wtg
01[15:29] {@Threei}  Ukraine ready to let Russian militants disarm themselves and leave its territory
01[15:29] {@Threei}  lol
[15:29] {dino} ty
[15:30] {RonS} beam me up Scotty
01[15:31] {@Threei}  no worky
01[15:48] {@Threei}  thank you all, have a great evening
01[15:48] {@Threei}  see you tomorrow

Friday, June 13, 2014

Market Week Wrap-up

TradeTheNews.com  Weekly Market UpdateIraq Upsets Global Markets



- Global equity markets retreated from recent highs this week as a risk-off tone of consolidation dictated sentiment. On Tuesday, the World Bank cut its 2014 global growth forecast from 3.2% to 2.8%, citing weaker performance in the BRIC nations, and cut US 2014 GDP outlook to 2.1% from 2.8%. That same day, Iraq displaced Ukraine as the world's number one geopolitical flashpoint as an Islamist militia deeply involved in the Syrian civil war struck a destabilizing blow against Iraq, seizing its second largest city and raising the prospect of a wider conflict in the Middle East. On a more minor note of political turmoil, House Majority Leader Eric Cantor was upset in a primary race against a no-name Tea Party candidate, promising more dysfunction in Washington, DC. No amount of positive economic news offset these developments: China's May numbers were largely flat or positive, and Japan's final Q1 GDP was excellent. The BoE chief Carney hinted at early tightening thanks to strong UK performance. For the week, the DJIA dropped 0.9%, the S&P500 declined 0.7% and the Nasdaq fell 0.3%.

- Events in Iraq stunned the world this week, as the militia Islamic State in Iraq and the Levant (ISIS), which has been fighting in the Syria conflict and in northern Iraq for years, rapidly advanced on and seized Mosul, Iraq's second largest city. Tens of thousands of Iraqi army soldiers dropped their weapons and fled without firing a shot, casting doubt on the morale and loyalty of the entire armed forces. After taking Mosul, ISIS advanced rapidly toward Bagdad, overrunning several more cities along the way. The Kurds in northern Iraq secured Kirkuk and its surrounding oil infrastructure after Iraqi army units abandoned the city. With the army failing to put up any resistance, Grand Ayatollah Sistani issued a fatwa calling on Shiites to join the armed forces en masse to fight ISIS, ratcheting up the prospect of an all-out sectarian war. President Obama said his national security team would prepare a range of options to assist Iraq, but would not consider sending ground troops. Obama's unhurried tone left little question that the Administration would prefer to see Iraq solve its own problems. WTI crude came into the week around $102.70 and surged to $106.70 by Friday.

- BoE Governor Carney began positioning the BoE to join the Fed in the policy exit club this week. Just as the World Cup was kicking off, Carney gave a speech in which he warned that rate hikes might come sooner than expected. Carney said the bank had no preset course for raising rates and clarified that the timing of hikes would be entirely data dependent. The UK has already seen a string of improving economic data and the BoE has been ahead of the curve on normalizing policy, but Carney's remarks still came as something of a surprise. Following the speech analysts suggested that expectations for the first rate hike have moved to late 2014 from the first quarter of 2015. The BoE June meeting is next week.

- Two big Fed doves made comments this week that could be seen as conceding the time was drawing near to start tightening policy. Bullard said the Fed was closer to achieving its policy objectives than it has been in most times since 1960 and observed that the economy is more normal than it has been for five years. The potential for GDP grow in excess of 3% in the final three quarters of the year would "adjust rate-liftoff timetable." He also warned that the last tightening cycle, in 2004-06, was too methodical and failed to respond to economic developments. Rosengren said he would be in favor of raising reverse repos and interest on excess reserves when the time came for tightening. Interestingly, he also said he would favor a seamless continuation of tapering to reduce the Fed's balance sheet. And while attention was focused elsewhere, one of Janet Yellen's favorite economic indicators blew out expectations. The April JOLTs job openings report was +4.5M v +4.0Me, providing more evidence that the labor market is truly healing. The pre-recession high was +4.7M in March 2007. The prior month's number was revised up to +4.2M from +4.0M.

- Airlines had a very turbulent week after the World Bank cut global growth forecasts, the Iraq situation sent oil higher and Lufthansa and Aer Lingus cut guidance. Lufthansa cuts its FY14 profit forecast to €1.0B from the €1.3-1.5B outlook offered at the beginning of May, warning that it had negative pricing in May due to stiff competition from low-cost carriers. Price weakness and overcapacity on North Atlantic routes impacted the airline's cash cow premium seats. Aer Lingus's problems stem from ongoing cabin crew strikes, which have impeded operations. Aer Lingus warned that profits would fall 10-20% y/y in 2014. At one point, shares of American Airlines were down as much as 14% on the week before recovering a bit. Delta dropped 7% on the week and United was down 12%, with domestic-focused carriers Southwest and JetBlue down 5% a piece.

- Tech had some brighter news thanks to Intel raising Q2 and FY14 guidance on higher PC unit volume, perhaps indicating an IT refresh is taking hold. Meanwhile, Tesla made the bold move of opening its electric motor patents to other firms in an effort to springboard wider adoption of its clean energy vehicle standards.

- Allergan rejected Valeant's latest offer and provided a comprehensive rebuttal of not just the logic behind Valeant's offer but also the company's entire business model. Valeant raised the cash component by $13.70 to $72 and left the stock component at 0.83 shares of Valeant stock. The revised offer valued the deal around $180/share or about $54B in total. Allergan responded with a scathing presentation that questioned the sustainability of Valeant's entire business model. According to Allergan, Valeant's unsustainable model relies on serial acquisitions and R&D cost reductions, as opposed to top-line revenue growth and operational excellence.

- In other deal news, Tyson Foods won the contest for Hillshire Brands with its $63/share cash offer, making a total deal valued at $8.55B, including Hillshire's outstanding debt. Pilgrim's Pride refrained from raising its $55/share offer over the weekend, and the company later said it was still on the hunt for a big processed food acquisition. Merck has a deal in hand to buy biotech name Idenix Pharmaceuticals for $24.50/share, in a total deal valued at $3.9 billion. The deal gives Merck a good position in the hepatitis C area, where Idenix has promising portfolio of drug candidates. CNBC reported that Merck paid a huge premium for the company, following a bidding war with Johnson & Johnson and AbbVie. Priceline agreed to buy dining reservation site OpenTable for $2.6 billion in cash. Priceline has been looking to extend its business beyond travel, and OpenTable has 15 million customers who book reservations across 31K restaurants a month.

- In FX trading, major pairs were in consolidation mode after last week's ECB rate cut and US May payrolls. The greenback tried to hold onto its slight gains with dealers noting that yield spread between two-year yields on USTs and German bunds were at their widest since 2007 at one point, EUR/USD saw strong resistance ahead of big option barriers at 1.3500 which could prove tough to break. The level corresponded to last week's post-ECB decision low. EUR/JPY closed out the week below its 200-day moving average around 138.70. The key level was tested in late May but sustained moves below the level on a closing basis have not held since just before Japan PM Abe's electoral victory in summer 2012. This time the break could be for real. GBP/USD was approaching the 1.70 handle following Carney hawkish message. With rate hikes coming even sooner, sterling should strengthen further. Note that the 1.7050 level has been a pivotal trading point over the past eight years.

- Japan put out final Q1 GDP figures that were stronger than expected. The capital investment component stood out with a 7.6% q/q rise, above the 4.9% prelim and 4.6% estimate, bringing the overall figure to 1.6% and 6.7% annualized. Later in the week, the BOJ policy statement maintained its economic assessment for the 11th consecutive meeting but raised its view on overseas economies. BOJ Governor Kuroda's press conference reflected the recent upbeat GDP and CPI data, noting the impact of the sales tax hike has been within expectations and forecasting a summer recovery following the Q2 contraction. The Nikkei225 ended the week flat after an early selloff.

- China released the bulk of its economic data for May to little fanfare despite the generally robust set of numbers. Retail sales growth hit a four-month high of 12.5%, new loans of CNY870B beat estimates by a large margin, M2 money supply reached a 5-month high, while the CPI recovered from multi-month lows amid a large increase in food prices. Markets also overlooked the surprising drop in imports component of the trade figures out early in the week, with the overall trade balance hitting a 5-year high of $35.9B. Much of the focus fell on the details of the 50bp RRR cut by the PBoC on Monday as part of a "targeted stimulus" aimed at reviving credit for smaller enterprises and the rural segment of the economy.

- Down under, Australia saw its first negative net employment change in four months with all of the losses coming in the part-time sector. In fact, total hours worked in May saw the biggest monthly increase in over a year, which largely made up for participation rate falling to an eight-year low of 64.6%. The New Zealand central bank raised its benchmark rates by another 25bps to 3.25%, and the accompanying statement was much more hawkish than expected. Governor Wheeler did not see the recent strength in NZD and dairy price declines as sufficiently detrimental, generally maintaining the bank's outlook for 90-day bill rates through 2016. Fixed income markets repriced the probability for a July decision in favor of another rate hike, while NZD/USD hit a 4-week high near the $0.87 handle.









June 13 2014

Pretty much repetition of yesterday, finishing uneven week. Gotta adjust to low volume summer trading.

Session Time: Fri Jun 13 00:00:00 2014
[09:09] {dptl} good morning
01[09:10] {@Threei}  morning dp
[09:11] {RonS} hello everyone
01[09:12] {@Threei}  ron :)
[09:14] {troub} good morning you all
01[09:14] {@Threei}  troub :)
01[09:18] {@Threei}  couple downgrades LULU
[09:20] {dino} bit late
01[09:21] {@Threei}  but value added
01[09:21] {@Threei}  especially one who downgraded with target 38
[09:22] {Alexs} gm
01[09:22] {@Threei}  alex :)
[09:23] {dino} grmn, what am i missing?
01[09:24] {@Threei}  the only thing I see is Google byyng Skybox
[09:27] {RonS} 2.9 mil sh short open...brutal
01[09:27] {@Threei}  one that PCLN bought?
[09:27] {RonS} ya
01[09:33] {@Threei} Long Setup:  LULU  .95 break
01[09:33] {@Threei}  If holds  .85 
01[09:34] {@Threei}  no go
[09:36] {RonS} yelp screaming
01[09:36] {@Threei} Short Setup: FB  .80 break
01[09:36] {@Threei}  If holds  .90 
01[09:37] {@Threei}  1:1  
01[09:38] {@Threei} Long Setup:  LULU  .65 break
01[09:39] {@Threei}  If holds  .55 
[09:39] {nemo} LULU going the way of blackberry
01[09:39] {@Threei}  grrr
01[09:43] {@Threei} Long Setup:  EBAY  .90 break
01[09:43] {@Threei}  If holds  .80 
[09:44] {Alexs} didn't get it
01[09:45] {@Threei}  stop to .84
01[09:45] {@Threei} Long Setup:  WMT  .40 breal
[09:45] {dino} gild l .02
01[09:45] {@Threei}  If holds  .30 
[09:47] {nathan} gm all
01[09:47] {@Threei}  nathan :)
[09:51] {Alexs} wmt doesn't move
01[09:51] {@Threei} Long Setup:  P  .30 break
01[09:51] {@Threei}  If holds  .20 
01[09:53] {@Threei}  Invalidated  
01[09:54] {@Threei}  *(US) JUN PRELIMINARY UNIVERSITY OF MICHIGAN CONFIDENCE: 81.2 V 83.0E
[09:55] {Alexs} are you in WMT trade Vad?
01[09:55] {@Threei}  ?
01[09:55] {@Threei}  why wouldn't I?
[09:56] {Alexs} learning from the master
[09:56] {Alexs} Master
[09:56] {troub} at least the losers move fast
01[09:56] {@Threei}  just not sure what makes you ask
01[09:56] {@Threei}  it didn't invalidate
01[09:57] {@Threei} Long Setup:  TWTR  .35 break
01[09:57] {@Threei}  If holds  .25 
01[09:59] {@Threei}  stop to .29
01[10:00] {@Threei}  sigh
[10:03] {nathan} watching APPL
01[10:08] {@Threei} Long Setup:  TWTR  .95 break
01[10:09] {@Threei}  If holds  .90 
01[10:09] {@Threei}  1:1  
01[10:09] {@Threei}  1:2  
[10:10] {nathan} nice VAd thx
01[10:10] {@Threei}  yw
01[10:11] {@Threei}  no worky WMT
01[10:12] {@Threei}  will try for 1:4 TWTR
[10:17] {dino} gj twtr
01[10:17] {@Threei}  1:3  
01[10:17] {@Threei}  rt
01[10:17] {@Threei}  ty
01[10:17] {@Threei} Short Setup: CAT  .70 break
01[10:17] {@Threei}  If holds  .80 
[10:17] {Alexs} you didn't stop on trail TWTR?
01[10:19] {@Threei}  1:4, out
01[10:19] {@Threei}  no, bottomed at .05 with quick print at .03
01[10:19] {@Threei}  bid never went there
[10:20] {dino} hclp sm l .40 ave
[10:22] {dino} wabc spike
[10:22] {Alexs} prefered to go out , lost 5 cents on trail FB that way
[10:23] {dino} atls drop
[10:25] {dino} atls sm l .97
[10:27] {Alexs} twtr long again .40?
01[10:28] {@Threei}  nah
01[10:28] {@Threei}  after this SPY run it's rather buy pullbacks time than breakouts
[10:32] {RonS} bofi barfy
[10:34] {Alexs} somebody taught me trade wat you see...
01[10:35] {@Threei}  and you don't see lately this kind of entries being rinsed relentlessly?
[10:36] {Alexs} lol, it means I shoud start thinking?
01[10:36] {@Threei}  no way
[10:36] {dino} never
01[10:36] {@Threei}  whatever you do, whatever you drink
[10:37] {dino} intra-day moves are not about thinking, they are about seeing
[10:37] {RonS} nemo here?
[10:38] {dino} no efficient market on intra-day
[10:38] {dino} gild to .79
[10:42] {dino} out gild .79, +.77 fl
01[10:42] {@Threei} Short Setup: P  .85 break
01[10:42] {@Threei}  If holds  .95 
[10:43] {troub} vg dino
[10:43] {dino} ty
[10:43] {dino} out atls .35, +.38
01[10:45] {@Threei}  wtg
01[10:45] {@Threei}  ATLS shrggd
[10:46] {dino} :)
01[10:46] {@Threei}  come on Ron...
01[10:48] {@Threei}  1:1  
01[10:52] {@Threei}  acebook, Twitter, Google and YouTube blocked in Iraq for many users
01[10:53] {@Threei}  hmmm... first time in my life I start thinking maybe move to Iraq...
[10:53] {Alexs} lol
[10:54] {Alexs} don't touch google pls
01[10:55] {@Threei}  You don't touch Google. Google touches you.
[10:56] {Alexs} no seriuosly Google is a useful thing :)
01[10:56] {@Threei}  no doubt
01[10:57] {@Threei}  it's not the usefulness I am wary of
01[10:57] {@Threei}  it's omnipresence and intrusiveness
01[10:57] {@Threei}  and absence of control
[10:58] {RonS} uthr hit
01[10:59] {@Threei}  think about it... it took years of litigation to realize sich simple thing as "right to be forgotten"
01[10:59] {@Threei}  something that should have been default option
01[11:06] {@Threei}  ok P, time to lose .70 and die
[11:09] {goinshort} P 1:2 out  got in late - thanks
01[11:09] {@Threei}  :)
[11:10] {dino} out hclp .78, +.38
01[11:11] {@Threei}  1:2  
01[11:13] {@Threei}  1:3  
01[11:13] {@Threei}  out
[11:15] {dino} srne spike/halt
[11:19] {dino} uthr trying to come back, res .90 imo
01[11:19] {@Threei} Short Setup: TWTR  .40 break
01[11:19] {@Threei}  If holds  .50 
[11:21] {dino} sm l .90 uthr ave
[11:22] {dino} kpti spike
[11:23] {dino} wtf uthr
[11:24] {RonS} is that a technical term?
01[11:25] {@Threei}  yup... I see it in my Trading Vocabulary Technical Terms
[11:25] {RonS} :)
01[11:25] {@Threei}  right between What the Deuce and Why Nemo Crossed the Spread
[11:26] {dino} it is now
[11:27] {dino} sob rinsed me
[11:31] {dino} smr l .80 uthr
[11:33] {Alexs} twtr valid again?
01[11:33] {@Threei}  nah
01[11:33] {@Threei}  needs longer consolidation
01[11:33] {@Threei}  or aggressive entry
01[11:34] {@Threei}  couple min under .50, then maybe
01[11:37] {@Threei}  - General Motors has announced another four vehicle recalls this morning, bringing its grand total for 2014 to 38 recalls covering 16.5M units.
[11:38] {Alexs} you mean consolidation above .50?
01[11:39] {@Threei}  no
01[11:39] {@Threei}  to reestablish .40 - .50 range, it had to stay in that range for a few more min
01[11:39] {@Threei}  President Obama to make a statement on situation in Iraq on White House South Lawn at 11:50 am ET
[11:40] {thomcbell} ultimately like it long but pva probably ripe for profit taking here 
[11:40] {thomcbell} looking for a tradeable setup 
[11:40] {dino} uthr stop -.31
[11:41] {thomcbell} for scalp down to vwap
[11:41] {troub} I surrender, reds win
[11:43] {thomcbell} forget that pva
[11:43] {thomcbell} acts very steady 
01[11:44] {@Threei} Long Setup:  FB  .20 break
01[11:44] {@Threei}  If holds  .10 
01[11:45] {@Threei}  *(UK) S&P REVISES SOVEREIGN OUTLOOK TO STABLE FROM NEGATIVE
01[11:50] {@Threei}  stop to .14
01[11:51] {@Threei}  1:1  
01[11:52] {@Threei}  lol... Tourism Victoria:
01[11:52] {@Threei}  The USS Nimitz, a US Navy supercarrier and one of the largest warships in the world will be visiting Greater Victoria this weekend. We extend a warm welcome to the ship, crew and families.
01[11:52] {@Threei}  we better!
[11:54] {cosmo} Is the ship open for tours?
01[11:54] {@Threei}  I don't think so, they'd announce it well in advance
[11:55] {cosmo} well...they used to do it...
01[11:55] {@Threei}  at least they did every time interesting vessel visited Victoria before
01[11:55] {@Threei}  Pallada was magnificent, I enjoyed touring it
[11:55] {goinshort} thanks everyone -cya next week!
01[11:55] {@Threei}  take care gs, have a good one
01[11:56] {@Threei}  submarine I skipped... too claustrophobic
[11:57] {cosmo} so are Aircraft carriers
[11:57] {cosmo} like in the catapult room
[11:58] {dino} i visited the uss n.carolina down in wilmington, pretty cool for an old ship
[11:58] {Alexs} which one did you visit cosmo?
[11:58] {cosmo} Reagan
[11:58] {cosmo} :)
[11:58] {dino} and some sub in baltimore
06[12:04] * @Threei keciks FB in the rear andf threatens to send it to Iraq if it doesn't move
[12:05] {dino} thats a new one
01[12:05] {@Threei}  1:2  
01[12:05] {@Threei}  see?? :)
[12:05] {Alexs} that works:)
[12:05] {dino} uthr last try sm l .66 stop lod, gappy sucker
01[12:05] {@Threei}  that was inspired by this dino:
01[12:06] {@Threei}  [10:52] {@Threei} Facebook, Twitter, Google and YouTube blocked in Iraq for many users
[12:06] {dino} ahh, now i get it
01[12:06] {@Threei}  :)
[12:12] {RonS} lol...Boombox pic.twitter.com/MZw4Oh6zdP
01[12:13] {@Threei}  wow
[12:14] {RonS} those things were hot for about 5 years...until the Sony Walkman killed them off...sold thousands here
[12:15] {RonS} 3rd world briefcase...ghetto blaster...
01[12:16] {@Threei}  (IQ) President Obama: ISIS is making significant gains, Iraq security forces have been unable to defend certain cities, Iraq requires additional assistance- US will not send in ground troops, national security team will prepare a range of options to help Iraq. Developing a plan could take several days.
01[12:16] {@Threei}  translation: we have no idea what to do
[12:16] {RonS} motto of his entire foreign policy...
01[12:26] {@Threei} Long Setup:  TWTR  .60 break
01[12:26] {@Threei}  If holds  .50 
[12:37] {thomcbell} ow well pva worked 
[12:37] {RonS} ...and invading Victoria
01[12:38] {@Threei}  really
01[12:38] {@Threei}  what's up with that
01[12:38] {@Threei}  we like our wild salmon, thank you very much
[12:44] {dino} but as nemo has said, perhaps easiest solution is to let nuke each other (just have to make sure they don't nuke us too)
[12:44] {nemo} yep...we can drill through glass
[12:44] {Alexs} lol that's libertarian position dino
[12:45] {dino} if it were me, i'd still have lots off troops, teacher, construction, and oil drilling going on there,...you must change the next generations way of thinking (through education) in order to get lasting change
[12:46] {dino} education scares the shit out of the religious leaders
01[12:46] {@Threei}  libertarians have a lot of good ideas when it comes to freedom of business and individual... foreign policy is not their strong suit
[12:47] {dino} the world is getting much smaller, foreign policy is much more important than ever
01[12:47] {@Threei}  yup
01[12:47] {@Threei}  let them nuke each other - yeah right
01[12:47] {@Threei}  as if there were any chance it wouldn't concern us
[12:48] {RonS} but as Meatloaf says:  2 out of 3 ain't bad...
01[12:49] {@Threei}  lol
[12:49] {thomcbell} PVA 15.50 long break if holding 15.48
[13:08] {thomcbell} stopped pva 
01[13:15] {@Threei} Short Setup: FB  .22 break
01[13:16] {@Threei}  If holds  .32 
[13:21] {dptl} lets short .30 break ?
01[13:21] {@Threei}  with .36 stop...
[13:21] {nemo} .32 right now important level
01[13:22] {@Threei}  maybe
[13:22] {nemo} yeah .35 is too
[13:22] {dptl} missed it
01[13:22] {@Threei}  here it is again
01[13:27] {@Threei}  after .25 loss trail to .33
[13:27] {dptl} i didt get it yet
[13:28] {dptl} now i did
01[13:28] {@Threei}  man...
01[13:28] {@Threei}  it was at .29 twice since then
[13:28] {dptl} so .36 stop
01[13:28] {@Threei}  for now
[13:33] {dptl} .33 now
[13:35] {dino} idcc drop
[13:36] {RonS} IDCC lost 1st rd patent case
[13:37] {RonS} InterDigital $IDCC loses first round in ITC patent case against Nokia $NOK
[13:42] {Alexs} you trailed to .33 Vad?
[13:42] {Alexs} .36 looks more reasonable
[13:43] {dino} idcc hl s .45
01[13:43] {@Threei}  I have, but I also covered half on the last dive
[13:44] {dptl} if it takes .30 i dont think its gonna work
[13:45] {dino} cov flat
[13:46] {dino} damn
01[13:50] {@Threei}  out balance
[13:51] {dptl} stopped
[13:51] {dino} idcc l .50
01[13:53] {@Threei}  thom... your PVA now maybe
[13:54] {thomcbell} yeah im watching it closel y
[13:54] {thomcbell} 15.40 long break 
[13:54] {thomcbell} problem is it went straight up from 13.30 preopen on wednesday 
[13:56] {dptl} vlo .50 break short
[13:58] {dino} stop idcc .47 -.03
01[14:00] {@Threei}  feels like will visit 42, dino
[14:13] {nathan} had some issues with the connection today :-(
[14:14] {dino} too fast idcc l .93
[14:14] {dino} stop to .48
[14:14] {dino} to .60
[14:16] {dino} to .70
[14:16] {thomcbell} pva 1:1
01[14:16] {@Threei}  good one PVA
01[14:17] {@Threei}  took it too
[14:17] {dino} to .80
[14:17] {dino} out .80 +.87
[14:17] {nathan} gj dino
[14:18] {dino} ty pulp
[14:18] {dino} nok never moved on that ruling
[14:22] {dino} idcc hl l .00 break
[14:22] {dino} wall high .90s
01[14:23] {@Threei} Long Setup:  CAT  .70 break
01[14:23] {@Threei}  If holds  .60 
[14:24] {dino} brk .80 cx order
[14:31] {nathan} dino what does cx order mean?
[14:31] {dptl} cancel
[14:32] {nathan} ok ty
[14:33] {nathan} short P .00 break?
[14:33] {nathan} ih holds.05
[14:33] {nathan} 1:1
01[14:34] {@Threei}  well
01[14:34] {@Threei}  yes
01[14:34] {@Threei}  lol
[14:34] {nathan} to fast
[14:34] {nathan} too
[14:34] {dino} nathan, had a buy stop order in, did not hit, stock dropped, so cx the order
[14:35] {nathan} thnaks for the explanation. btw do u use stop orders?
[14:35] {dino} yes
[14:35] {nathan} usually i mean
[14:36] {dino} because i am an idiot, without stops, i let them slip too much
[14:36] {nathan} lol
[14:36] {nathan} you mean you add too much padding? ;-)
[14:36] {dino} idcc pause here at mid .20s
[14:37] {dino} yeah
[14:37] {dino} idcc l .25
[14:39] {dino} stop is .23
[14:40] {nathan} too much spread for me
[14:40] {dino} well, it drops fast
[14:43] {dino} to .38
[14:43] {dino} out +.13
[14:44] {Alexs} Are you in CAT Vad ?
01[14:45] {@Threei}  yeah, holding by fingertips
[14:46] {Alexs} it triggered just now didn't it?
[14:46] {dino} l .46
[14:46] {dino} out .62, +.16
01[14:47] {@Threei}  triggered?
01[14:48] {@Threei}  it triggered above .70
[14:48] {thomcbell} sold some more pva 15.58
01[14:48] {@Threei}  wtg thom
[14:48] {Alexs} wow i took it short .60 by mistake
[14:49] {Alexs} sheesh
01[14:49] {@Threei}  put stop at .66 IMO
01[14:49] {@Threei}  see if SPY helps short side
[14:49] {Alexs} ok thanks
[14:51] {Alexs} you humiliated my libertarian soul I read setup wrong now
01[14:51] {@Threei}  real libertarian will never be humiliated
[14:51] {Alexs} yeah but I'm just a beginner
01[14:52] {@Threei}  oh... so all is not lost for you {G}
01[14:52] {@Threei}  better move over to the sane side while you still can :)
[14:53] {Alexs} do you know that russian joke about Pohuist Party?
01[14:53] {@Threei}  yep, lol
[14:53] {Alexs} that's about me
01[14:54] {@Threei}  that's more sane than libertarianism
[14:57] {Alexs} nemo already knows russian word pohuist (pohooist) I guess :)
01[14:58] {@Threei}  if not, he will in a hurry
[14:58] {nemo} well the root is familiar
01[14:58] {@Threei} Short Setup: IWM  .60 break
01[14:58] {@Threei}  sure, I taught you yesterday what huylo is
01[14:58] {@Threei}  it's the same root
[14:58] {nemo} yep
01[14:59] {@Threei}  If holds  .70 
[15:00] {Alexs} lol
[15:01] {Alexs} huylo it's offensive word
[15:01] {nemo} every russian word I know is offensive
[15:02] {Alexs} pohuist I woould say tender word
[15:02] {nemo} more of a nihilist
[15:02] {Alexs} yeah smth like that
[15:03] {nathan} have a nice weekend
[15:03] {nathan} hope to c u on monday
[15:03] {Alexs} the man who doesn't give a damn
01[15:03] {@Threei}  take care nathan
01[15:08] {@Threei}  market's changing its mind about last hour direction it seems
[15:08] {dino} up or down?
01[15:08] {@Threei}  up
[15:09] {Alexs} or down...
[15:09] {thomcbell} defintitely dull tape 
[15:12] {Alexs} do you watch World Cup Vad?
01[15:12] {@Threei}  no
[15:13] {Alexs} don't like soccer?
01[15:14] {@Threei}  bored in general by watching sports on TC, with rare exceptions
01[15:14] {@Threei}  TV
[15:15] {Alexs} I don't like soccer but World Cup is always interesting
[15:16] {cosmo} 24 hr le mans...
[15:17] {cosmo} tomorrow
[15:17] {cosmo} no?
01[15:18] {@Threei} Long Setup:  IWM  .70 break
01[15:18] {@Threei}  If holds  .80 
01[15:18] {@Threei}  If holds  .60 
[15:20] {Alexs} what is it cosmo car race?
01[15:20] {@Threei}  change to .60 break
[15:21] {cosmo} cars...yes
[15:22] {Alexs} watch only F1
01[15:24] {@Threei}  change to .50 break
01[15:24] {@Threei}  If holds  .45 
[15:25] {cosmo} Marc Webber at le mans this time
01[15:28] {@Threei}  wtf
01[15:30] {@Threei} Long Setup:  CAT  .50 break
01[15:30] {@Threei}  If holds  .40 
[15:31] {nemo} cat looks like spy
[15:36] {dptl} have a good weekend all
01[15:36] {@Threei}  Obama and Harper Discussed Iraq Today
01[15:36] {@Threei}  Harper: want our oil now?
01[15:37] {@Threei}  take care dp
01[15:37] {@Threei}  stop to .44 CAT
[15:39] {Alexs} Keystone is much more importent then Iraq
01[15:40] {@Threei}  1:1  CAT  close enough
01[15:41] {@Threei}  stop tp .54
01[15:44] {@Threei}  ok guys
01[15:44] {@Threei}  hate today
01[15:44] {@Threei}  and whole week is so-so, to say softly
01[15:44] {@Threei}  have a great weekend, see you Monday for a better week
[15:46] {dino} hate it too, last 2 weeks i am flat, pretty much sucks
01[15:46] {@Threei}  we will adjust soon
01[15:46] {@Threei}  not the first time :)