Friday, January 17, 2014

Jan 17 2014

Great day to finish the week. Started with 1:2 play on FB, continued with a few smaller stops and scalps, then 1:3 on MSI short and TWTR long sharply improved win/loss ratio. All in all, good week.


Session Time: Fri Jan 17 00:00:00 2014
[08:29] {thomcbell} swks wowza
[09:06] {thomcbell} UPS bouncing
01[09:10] {&Threei}  not much of a bounce though...
01[09:10] {&Threei}  ummm... never mind, wrong symbol
01[09:10] {&Threei}  lol
[09:22] {munky} morn
01[09:22] {&Threei}  munky :)
[09:23] {munky} what u watchin?
01[09:25] {&Threei}  aside of usual suspects, SWKS
[09:25] {ese} morning
01[09:25] {&Threei}  ese :)
[09:25] {thomcbell} swks might have problems because of other semi weakness
[09:25] {munky} dont know usual suspects lol
[09:25] {thomcbell} looking for short entry
[09:25] {thomcbell} valid of course
[09:26] {RonS} NIHD 33% float short 56 mil sh
[09:26] {RonS} gm btw
01[09:26] {&Threei}  FB, C, JPM, GLD, GDX, CAT, MCD, WMT
01[09:26] {&Threei}  ron :)
[09:26] {fish_49} GDX looking short?
01[09:28] {&Threei}  not really
[09:30] {nemo} let's see if UPS lets us know this is still a bull market?
[09:30] {fish_49} UPS earnings today?
[09:31] {nemo} yep
[09:31] {robbers} Already out I think.
[09:31] {nemo} yep
01[09:33] {&Threei} Short Setup: FB  .50 break
01[09:33] {&Threei}  If holds  .60
01[09:33] {&Threei}  change to .60 break
01[09:34] {&Threei}  If holds  .70
01[09:35] {&Threei}  1:1
01[09:37] {&Threei}  that's all
[09:39] {munky} look MU
01[09:40] {&Threei}  should be s short soon
01[09:41] {&Threei} Short Setup: GLD  .25 break
01[09:41] {&Threei}  If holds  .35
[09:42] {thomcbell} never really got a setup on swks
01[09:42] {&Threei} Short Setup: MU  .10 break
01[09:42] {&Threei}  If holds  .20
[09:43] {thomcbell} 23.21 is pivot on mu
[09:43] {dino} freakin' gremins
[09:43] {dino} gremlins
01[09:46] {&Threei}  Invalidated
[09:46] {ese} L hpq .80
[09:47] {thomcbell} new entry on mu vad?
[09:47] {ese} ah no...out hpq .84 +.04
01[09:47] {&Threei}  not sure, no clear setup
[09:47] {dino} cof smr l .65
[09:48] {ese} spy instant tank.....can't be long
01[09:48] {&Threei}  (US) Preview: Jan Preliminary University of Michigan Confidence Index due out at 09:55ET (14:55GMT)- Consensus expectations: 83.5e v 82.5 prior
01[09:48] {&Threei}  leak of the numbers or what
[09:49] {ese} no kidding
01[09:49] {&Threei}  TRP TransCanada Corp Canada PM's Spokesman: Still believes Keystone Pipeline will be eventually approved in the US**NOTE: 01/16: Canada Foreign Min Baird put some pressure on the US for a decision, saying now is the time for a decision on Keystone XL pipeline, a decision needs to be made, even if its not the right decision.
[09:49] {fish_49} is today his final warning?
[09:50] {fish_49} lol
01[09:52] {&Threei}  FB is tempting for long but with this drop and numbers close, difficult to commit
[09:53] {ese} ok.....hpq fooled me.......better to be safe than stupid
[09:53] {thomcbell} swks looks like a 31.20 long break setup
[09:53] {thomcbell} not doing it
[09:54] {thomcbell} invalid
[09:54] {munky} MU rollin
01[09:54] {&Threei}  *(US) JAN PRELIMINARY UNIVERSITY OF MICHIGAN CONFIDENCE: 80.4 V 83.5E
01[09:54] {&Threei}  seriously, must have leaked earlier
01[09:55] {&Threei} Long Setup:  FB  .45 break
[09:55] {ese} that explains the spyders tanking at 9:47
01[09:56] {&Threei}  If holds  .35
[09:56] {ese} L swks .25
[09:58] {dino} out cof .45, +.80
01[09:59] {&Threei}  nah
[09:59] {ese} bastard stopped swks.99 -.26
[10:00] {ese} and ya know......forgot that lesson from christmas....breakouts arn't working
01[10:02] {&Threei} Short Setup: MY  23 break
01[10:02] {&Threei}  If holds  .10
01[10:02] {&Threei}  MU
[10:04] {fish_49} Jolts  4 mil vs 3.93 mil
[10:04] {fish_49} movd the markets an entire 2 ticks  lol
01[10:07] {&Threei} Long Setup:  SWKS  .10 break
[10:08] {ese} L yahoo .04
01[10:08] {&Threei}  If holds  31
[10:08] {ese} yhoo
[10:11] {dino} rgr drop
[10:13] {ese} out ½ yhoo .23 +.19
01[10:15] {&Threei}  MU looks ready
01[10:15] {&Threei}  unless it gets frozen
[10:15] {ese} makes up for ¾ of the swks fiasco
[10:16] {ese} yhoo to break even .05
01[10:16] {&Threei} Short Setup: SWKS  .75 break hl
01[10:16] {&Threei}  If holds  .85
01[10:18] {&Threei}  invalidated again
[10:18] {dino} rgr smr l .52
[10:18] {nemo} Hey Ron!  you'll have to set up a reply for dino's rgr result
01[10:20] {&Threei}  MU invalidated as well
[10:20] {RonS} might not have time then:  dino bangs rgr...
[10:21] {dino} ?
[10:21] {nemo} there ya' go
[10:21] {RonS} that's the comment when you book the regr gain...
[10:21] {RonS} rgr
[10:22] {ese} have to watch the most important news of the day........golf channel......golf central....have to find out what Mikleson and Mcilroy did in Abu Dhabi
01[10:23] {&Threei}  here is the most important news of the day:
01[10:23] {&Threei}  IMF: Slovenia GDP still expected to be lower in 2014, with early stage recovery to start in 2H of the year
[10:23] {nemo} in the spirit of Vad's "short gold in the afternoon trade":  watch vxx this afternoon for a long...think there will be some insurance buying for the weekend
[10:23] {ese} mega important that
01[10:24] {&Threei}  lately that GLD didn't work nemo
[10:24] {fish_49} that explains the jump in BP (Currency Futures)
[10:24] {nemo} I wrote "in the spirit"
[10:24] {nemo} sheesh
01[10:24] {&Threei} Short Setup: C  .40
01[10:24] {&Threei}  If holds  .50
[10:24] {nemo} since when do you pay attention to what I say?
[10:24] {ese} L srpt .14
[10:26] {ese} out .34 +.20 srpt
[10:26] {ese} didn't even see .34 on the level 2 screen
[10:27] {ese} was suppose to take .37
[10:27] {nemo} din I think the low today could be that gap in rgr
[10:27] {ese} sheesh
[10:27] {dino} 76?
[10:28] {nemo} hs to hold this low
[10:28] {nemo} yeah
[10:28] {dino} tough to get lout of, wanted 79.02
[10:29] {dino} re-thinking
[10:29] {nemo} Op Ex Friday
[10:29] {dino} 79.15 or 80.60 if goes up
[10:30] {dino} big "if"
[10:30] {nemo} isn't it always
[10:30] {dino} word in the middle of life
[10:31] {nemo} yeah, and replace the first three letters of "marriage" with a "t" and you have "triage"
[10:32] {nemo} so your trade in rgr is like Russian Roulette   ;-)
[10:32] {dino} yeah
[10:32] {dino} 79 wall
[10:34] {dino} 78.40-79 ranging
[10:34] {ese} L rgr .11
[10:35] {nemo} what, if it gets there?
01[10:35] {&Threei}  C turned out just a scalp as well
01[10:35] {&Threei}  anything moves beyond 1:1 today?
[10:35] {nemo} Op Ex Friday before a long weekend
[10:35] {ese} sorry thats.71
[10:36] {thomcbell} spwr 34.48 short break if holding 34.60
[10:36] {dino} hell ese, i could've just given you my shares
[10:36] {thomcbell} half lot only
01[10:36] {&Threei}  lol dino
[10:37] {ese} lol
[10:38] {thomcbell} swks vad
01[10:38] {&Threei}  van't tell between bounce and breakdown on it, tbell
[10:39] {ese} am sm here...i follow a 13ma/50ma....13 was starting to turn up..........would have taken more nerve to get in where you usually get in
[10:39] {nemo} spready jerky stock
[10:40] {thomcbell} spwr looks 2 sided 34.61 long break
[10:40] {ese} out .11 rgr (,40
[10:40] {ese} +
[10:42] {ese} hmmmm .107884
[10:42] {ese} .11
[10:43] {thomcbell} spwr 1:1
[10:44] {thomcbell} buyers and sellers very well matched on mu at this time
[10:44] {thomcbell} swks day low
[10:44] {dino} gj ese
[10:44] {RonS} used eharmony thom?
01[10:45] {&Threei}  lol
[10:45] {fish_49} lol @ Ron
01[10:45] {&Threei}  breakdown SWKS
[10:45] {thomcbell} oh vad that was it
[10:45] {ese} tks dino
[10:46] {ese} while watching rgr missed an opportunity to get out of yhoo around .30
[10:47] {thomcbell} qihu 94 break if holding 93.80 hl
[10:47] {dino} out rgr .54, +1.02
[10:47] {ese} wow......nice one
[10:48] {dino} ty
[10:48] {ese} sm or 3k?
[10:48] {dino} sm
[10:49] {dino} trying to get my edge back 12/20-01/16 was toough on me
[10:49] {dino} tough too
[10:49] {dino} there she blows, damn
[10:49] {ese} I hear ya
01[10:52] {&Threei} Long Setup:  BBY  .50 break
[10:52] {dino} wow partial fill 79.10 rgr
01[10:52] {&Threei}  If holds  .44
01[10:52] {&Threei}  1:1
[10:53] {nemo} you'll have to grap qihu hear
[10:53] {nemo} here
[10:53] {thomcbell} 20k offer
[10:53] {thomcbell} on qihu
[10:54] {nemo} see
[10:54] {thomcbell} qihu hit 94.20 for a millisecond
[10:54] {dino} out rgr .70, +.60
[10:54] {thomcbell} spwr 1:2
[10:54] {dino} partial fill on buy only
[10:55] {thomcbell} spwr 1:3
[10:55] {dino} will wait way down again
[10:57] {thomcbell} qihu technically a 1:2 er
[10:58] {thomcbell} sold 1/2 qihu at 94.40
[10:58] {thomcbell} spwr
01[10:58] {&Threei}  BBY too can't make it past 1:1
[10:59] {munky} still in?
[10:59] {thomcbell} spwr 1:4
[11:00] {thomcbell} qihu 1:3
[11:01] {thomcbell} qihu 1:4
[11:02] {thomcbell} out 94.75
[11:02] {dino} wtfg
[11:03] {ese} i'll say!
[11:03] {thomcbell} tu
[11:03] {thomcbell} syna looks vulnerable somewhat here
[11:03] {fish_49} Nice Thomb  Since Alex not present  I can collect his share  I promise to give it to him
[11:04] {nemo} spoken like an ex gov't employee
[11:04] {ese} gonna send you down a deposit thom......take care of it will ya.....make me some money
01[11:05] {&Threei}  nice one tbell
01[11:06] {&Threei}  Herbalife Ltd. NY Post: Ackman is claiming HLF operates illegally in China, will make public presentation of his evidence in February - reference: http://nypost.com/2014/01/17/ackman-to-claim-herbalife-operates-illegally-in-china/
[11:08] {thomcbell} might short a bounce here in syna
[11:08] {thomcbell} waiting
[11:09] {dino} be cheaper for herbalife to just pay ackman off
[11:10] {RonS} angi squeeze in the making
[11:12] {thomcbell} they are trying to run this qihu to the 52 week high
[11:12] {thomcbell} very impressive
[11:12] {thomcbell} syna 58.89 short break half lot
[11:13] {thomcbell} invalid syna
[11:15] {thomcbell} didnt realize vwap was so much lower on swks
[11:15] {thomcbell} i mean syna
01[11:15] {&Threei}  (US) President Obama: Will end mass collection of phone data of americans, need an outside panel of privacy advocates beyond Congress - comments on NSA and national security
01[11:18] {&Threei}  - Will ban spying on heads of state deemed friends and allies - Will allow communications providers to share more information with the public about Govt data requests
[11:18] {thomcbell} jks long setup  36.26 long break
[11:18] {dino} thats all b.s., nothing will change
[11:19] {RonS} exactly...besides US has no friends...
[11:19] {RonS} ...well maybe Canada...
01[11:19] {&Threei}  so that's true statement of intent then
01[11:19] {&Threei}  although note the word "deemed"
[11:21] {thomcbell} qihu what a beast
01[11:21] {&Threei}  now they'll have to invite Snowden back and award him a medal?
[11:22] {fish_49} where is Snowden?
[11:22] {fish_49} still in Moscow airport?
01[11:23] {&Threei}  no... transfered to a train station
[11:23] {fish_49} lol  I never been there but I heard seats are wider in train station
01[11:23] {&Threei}  he is told however it's Kremlin
[11:24] {RonS} lol
[11:24] {fish_49} if it were the DC train station he could blend in with the other homless
[11:24] {fish_49} homeless*
[11:25] {fish_49} I want to short Silver so bad  but no balls...  It trades at $25 per tick
[11:25] {munky} man bby was a short
[11:25] {nemo} support at 0
[11:27] {RonS} ya, was just noticing bby...thinking "why did not short..."
[11:28] {RonS} fish...go to casino and play $25 slots for practice...
[11:28] {fish_49} lol
[11:34] {thomcbell} spwr testing pivot again
01[11:35] {&Threei}  - Will use bulk data collection only for anti-crime and anti-terror efforts and to protect troops in the field.
01[11:35] {&Threei}  doesn't this line renders the rest pretty much hot air?
[11:35] {RonS} translation:  nothing changes...
[11:41] {nemo} with Monday off Tuesday likely a gap day to catch up to Europe
[11:42] {ese} outta here have a make a great weekend....I might be on strike Monday.....another union is going out and we will be honoring there line ....cya
[11:43] {dino} markets closed monday
[11:43] {nemo} MLK day
[11:44] {thomcbell} swks long setup 31 break
01[11:44] {&Threei}  yes
[11:44] {thomcbell} if holding 30.90
[11:44] {thomcbell} time of day bad
01[11:45] {&Threei}  ese, you saw that?
01[11:46] {&Threei}  (RU) Reportedly a car bomb in Russia's Dagestan region has injured up to nine people
01[11:46] {&Threei}  ramp-up to Olympics continues...
01[11:47] {&Threei}  well-planned attack
[11:47] {thomcbell} swks invalid
01[11:48] {&Threei}  grenade launched at the restaurant building, then when police squad arrived a car bom went off
[11:48] {RonS} but...does it beg the question?
01[11:49] {&Threei}  ?
[11:49] {RonS} will the prospect or actual attack make the sex better or worse in the Olympic Village?
[11:49] {nemo} depends on what part of your anatomy gets blown
[11:49] {nemo} off
01[11:59] {&Threei}  Travel Media: Victoria is a Portland of Canada
[12:00] {Les} gm
01[12:00] {&Threei}  hmmm... judging by numbers of hippies, bums, druggies etc, might be true
01[12:00] {&Threei}  Les :)
[12:00] {Les} am I included in that observation vad?
[12:00] {nemo} you're in a category of your own
01[12:00] {&Threei}  lol
[12:01] {Les} :)
[12:01] {Les} I am special
[12:01] {nemo} short bus special
[12:01] {fish_49} Did you guys see that video of Les when he was younger?
01[12:01] {&Threei}  just a reminder fish... this is family-poriented room {G}
06[12:02] * nemo thinks, "this should be good."
[12:02] {nemo} yeah...
[12:02] {fish_49} http://www.youtube.com/watch?feature=player_embedded&v=PUKMUZ4tlJg
[12:02] {nemo} Addams family
01[12:02] {&Threei}  lol
[12:02] {fish_49} tell me if it don't match Les when he started in the room
[12:02] {RonS} used to live in Vancouver WA outside Portland OR for 7 years...Victoria is not at all like Portland...whoever says so is an idiot...
[12:03] {nemo} what's worse....Les bred
01[12:05] {&Threei}  fish, the guy in yellow jacket at 1:00 is priceless
01[12:05] {&Threei}  zero reaction
[12:05] {fish_49} lol
[12:05] {fish_49} Russian mafia
[12:05] {nemo} combat vet
[12:05] {nemo} exorcist?
[12:05] {nemo} Les' father?
[12:05] {fish_49} Robotics homework assignment
01[12:06] {&Threei}  bitcoin/us dollar The FBI is now approved to sell off bitcoins sezied from Silk Road - Pando Daily- Yesterday, the Manhattan US Attorney's office announced that a judge had signed a forfeiture order for the first pile of bitcoins that the FBI seized from online black market Silk Road. - The FBI can now liquidate 29,655 bitcoins, which are worth $25.1 million at yesterdays $847.67 average closing price.
[12:06] {RonS} Portland is a grimy former industrial town that thinks it is hip but is not...Seattle, NYC, Atlanta are hip...Victoria is a quaint, colorful tourist town with great bars and excetional music for a place its size  (thanks ese)...imo
[12:07] {fish_49} a pile huh?  I thought they were electronic.  Leave it to the Feds
[12:09] {Les} JPM testing yesterdays lows
[12:09] {Les} dunno if it wants to fade
01[12:11] {&Threei}  moves again SPY and C
01[12:11] {&Threei}  just not sure it has enough room
01[12:11] {&Threei}  a bit narrow
[12:13] {Les} JPM pays out with C drop
[12:15] {Les} of course I didn't have a bid in to cover. TGIF
[12:19] {nemo} NKE
[12:20] {dino} qiwi drop
01[12:23] {&Threei}  (US) Cybercrime research firm Intelcrawler discloses it has uncovered six active attacks on merchants around the US and has already infomed authorities regarding the attacks - press- IntelCrawler says the six active cyberattacks are using the same kind of malware steal customer information from credit card processing systems that was used to steal data on millions of cards at Target.
01[12:31] {&Threei} Short Setup: MSI  .60 break
01[12:32] {&Threei}  If holds  .67
[12:33] {Les} C tried and failed
[12:34] {fish_49} huh  failed?
[12:36] {Les} .90 resistance fish
[12:36] {munky} poor buster
[12:36] {fish_49} Les  look at a 5 min for C  look at .92 and then look left  had a fresh Supply zone between .92 and ,96
[12:41] {thomcbell} ups wants green
[12:56] {Les} JPM short .83
[12:56] {Les} holding .90
01[12:59] {&Threei}  die MSI
01[12:59] {&Threei}  tbell, look dcc please
[12:59] {fish_49} it has to go to 1:1  I actually think I have this trigger order thing figured out
01[13:06] {&Threei}  perspective of along weekend plus expiration make this market this slow or what
[13:07] {Les} long weekend?
[13:07] {Les} what is it? Obama day?
01[13:07] {&Threei}  almost
01[13:07] {&Threei}  that's "a long" weekend, not a weekend to get along with someone
[13:09] {Les} JPM 1:1
01[13:09] {&Threei}  1:1
01[13:10] {&Threei}  how is it going, fish? orders are working?
[13:10] {fish_49} yes but I need a couple more test
[13:11] {fish_49} I set up MSI to take me half out with  +.05 and the other half at +.10  with a stop loss of -.10    
[13:12] {fish_49} so far so good and I found a way to list my trigger orders and can modify each one
[13:13] {nemo} sheesh...forgot bout that vxx trade
[13:13] {Les} saw the topping signs, didn't think of that
[13:14] {fish_49} glad you said that Toad,  I was thinking your ealier comment this morning was about the VIX
[13:14] {Les} JPM weak link, trade is working
[13:14] {Les} JPM 1:2
[13:14] {fish_49} good trade Les
[13:14] {Les} ty sir
[13:15] {fish_49} ohhh my  now I'm Sir  u see that Nemo?
[13:15] {nemo} ?
[13:15] {Les} don't be flattered. I even call Vad sir
[13:15] {fish_49} Les never slapped me for the video joke and he called me sir
[13:15] {fish_49} lol  @ Les
[13:15] {Les} zen baby zen
[13:15] {nemo} Sir= Shit in Residence
06[13:16] * Les slaps nemo around a bit with a large trout
[13:18] {fish_49} Les  can you slap MSI  a bit  I only need a few more ticks
[13:19] {Les} Naaah. Nemo, only Nemo...
[13:23] {fish_49} HMMM  MSI 1:1  didn't take out my second half
[13:29] {thomcbell} short setup swks 30.59 break if holding 30.67
[13:29] {thomcbell} spwr starting to look vulnerable
[13:31] {dino} cof lod
[13:32] {Les} spy coming into double bottom territory
[13:33] {nemo} probably get a doji today
[13:33] {Les} what's my weekend gonna be like Nemo?
[13:34] {nemo} hopefully termina
[13:34] {nemo} terminal
01[13:34] {&Threei}  lol
[13:34] {Les} :)
[13:36] {fish_49} out MSI +.17
[13:36] {fish_49} trigger didn't work correctly
[13:36] {fish_49} I nee a faster stock to test in
01[13:37] {&Threei}  faster stocks are in short supply today
[13:37] {nemo} are you live or in demo fish?
[13:37] {fish_49} lol
[13:37] {fish_49} gonna go long here with MSI  test it that way  it looks like it wants to bounce
[13:37] {nemo} he's a pesce guy
[13:37] {fish_49} demo  Nemo
[13:38] {nemo} do it live with 100 shares
01[13:38] {&Threei}  1:2 baby
[13:38] {fish_49} not until Im confident the stop and limit orders work when placed with primary
01[13:39] {&Threei}  over 50B, Sochi Olympics cost...
[13:39] {nemo} yeah, 30b goes to putin
01[13:40] {&Threei}  they practically built 2 new Sochis
01[13:41] {&Threei}  it's a smallish city, not even close to a scale needed to handle that many people
[13:43] {Les} yeh and uprooted and upset a lot of locals in the process. but that's everywhere with these frikin olympics
[13:43] {Les} funny
[13:43] {Les} Bavarian people whose politicians intended to put a bid in voted overwhelmingly no to the plan
[13:44] {nemo} didn't want non-aryans polluting the local population
[13:45] {Les} slw is interesting
[13:45] {Les} gdx too
[13:45] {Les} GLD might pop and drop here
[13:46] {Les} didn't want their sacred cow pastures razed for a stadium. fair enough too
[13:47] {nemo} well was it Germany or Austria...Bavaria stretches quite a way
[13:48] {dino} cof sm l .50
[13:48] {munky} what do they do with theses olympic cities after ythe olympics?
[13:48] {Les} sm gld short .88 hgolding 121
[13:48] {dino} vacate
[13:48] {nemo} Munich...they turned the dorms into low income housing
[13:50] {munky}  lows
[13:50] {munky} bby
[13:51] {Les} GLD 1:1
[13:51] {Les} pop and drop baby. love GLD
[13:52] {dino} dig it up, buy it, bury it....i don't get it
01[13:52] {&Threei}  in Whistler they use most of it
[13:52] {fish_49} for teeth?
01[13:52] {&Threei}  some for training facilities and sport conventions,
01[13:52] {&Threei}  some as residential
[13:52] {fish_49} oh  I thought you mean gold
[13:53] {dino} i did fish
01[13:53] {&Threei}  some for accomodating various conferences and conventions
[13:53] {fish_49} the Lake Placid Village was built  to be a federal prison after the games
[13:53] {fish_49} still a Federal prison today
[13:53] {nemo} lotta' prisons up that way
[13:53] {nemo} they send all the homeys from the city up there...
[13:53] {fish_49} yea across street is a state facility that still uses horses for outside patrol
[13:54] {dino} vnce little spike
[13:54] {nemo} it's so rural scares the shit out of them if they escape
[13:54] {nemo} they stand out like....
[13:54] {nemo} ....
[13:54] {nemo} ....
[13:54] {nemo} ....
[13:54] {nemo} nah, nevermind
[13:55] {fish_49} lol  with that snow white backdrop
[13:55] {nemo} yeah
[13:55] {nemo} thinking like me fish face...seek professional help immediately!
[13:55] {fish_49} I will  Im on vacation Monday  will rest my mind and get back to reality
[13:55] {RonS} unreal...took pacb for .30 this a.m. and left .80 (and running) on the table ese size...talk about scalper's regret...
[13:56] {dino} ron, only thing worse is having the profit, not taking it, and taking a loss
[13:56] {RonS} ya, been there too...
[13:57] {dino} that drives me crazy...like running water to beavers
[13:57] {thomcbell} ups
[13:57] {thomcbell} son of a gun
[13:57] {nemo} bull market
[14:01] {RonS} oh well, outta here...see you all tues...beat dino's goal...not many days can say that...have a good one
[14:02] {fish_49} good holiday Ron
01[14:02] {&Threei}  take care ron, see you tuesday
01[14:02] {&Threei}  MSO,
[14:02] {dino} db drop
01[14:02] {&Threei}  1:3
01[14:02] {&Threei}  MSI
01[14:02] {&Threei}  can you believe it?
[14:03] {dino} smr l .50 db
01[14:03] {&Threei}  out last piece
[14:06] {munky} fb low
[14:06] {Les} FAS make or break time here
[14:07] {Les} GLD 1:2
[14:07] {nemo} weekly pivot right here
[14:09] {Les} frikit cover JPM 1:2.5 and it dumps
[14:10] {nemo} it didn't break resistance
[14:10] {Les} got bullish divergences on the indexes. and I should be cooking dinner...
[14:11] {Les} Happy to be trading in the right direction
[14:12] {dino} stop db
[14:12] {Les} I have alter set up for a chemist from Sth America who invented a pill for his wife Rita...
[14:12] {fish_49} anyone catch any of the UPS Pullback?
01[14:12] {&Threei}  good ones Lezs
01[14:13] {&Threei}  if ou also took MSI, makes for a pretty good day
[14:14] {dino} db news?
[14:15] {Les} yeh some nice setups today
01[14:16] {&Threei}  DB Said to be evaluating guiding Q4 lower as a result of high costs related to legal developments and divestitures - financial press
[14:17] {nemo} market looks down
[14:18] {dino} smr l .60
[14:19] {dino} db
[14:20] {nemo} nope, looks like gonna' make indexes a little volatile
[14:21] {dino} ty vad
[14:21] {fish_49} I hope S&P and NQ  catch up to DOW  not the other way around
[14:21] {munky} anyuone like BBY short loss of 25?
[14:21] {Les} UPS 100 short if holding .10 interesting
[14:22] {nemo} this is the gap munky
[14:22] {nemo} would expect some algo jerking around here
[14:22] {Les} noo need for insults bunny boy
[14:22] {Les} 1:1 ups
[14:23] {Les} half cover
[14:23] {Les} shit vwap at 98.50...hmmmmm
01[14:25] {&Threei}  (US) Fed's Lacker (hawkish, FOMC alternate in 2014): Tapering should continue given recent data, would need a significant change in the economic outlook for the Fed to change its view on tapering- have not seen downward pressure on inflation expectations
[14:27] {fish_49} u caught a great trade Les
[14:28] {fish_49} gap fill and continue on it's down trend
[14:30] {nemo} dino, fdo
[14:31] {nemo} sheesh
[14:32] {Les} 100 big red flag for shorting, which it obliged with good setup
[14:33] {dino} odd downgrade fdo
[14:33] {dino} fdo smr s .40
[14:34] {nemo} nutz
[14:34] {munky} BBY was the short
[14:35] {dino} out db .16, +.66
[14:36] {nemo} had your name written all over it
[14:36] {fish_49} done for the day  see ya all the week after next
[14:36] {fish_49} the last order worked like a charm  on the UPS short side...
[14:37] {fish_49} Realized P/L  today in the demo %507
[14:37] {dino} cov fdo .60, +.80
[14:37] {fish_49} $507
[14:37] {dino} ty nemo for idea
[14:37] {thomcbell} nice little pullback in qihu today
[14:38] {thomcbell} oof
[14:39] {dino} bea u ti full fdo nemo
[14:41] {nemo} euphoria spike...ur specialty
[14:43] {dino} appreciate it
[14:43] {dino} cof stuck stop to .39
01[14:45] {&Threei}  FDO No specific news on the recent move higher, speculation has circulated that they cancelled from a conference
[14:45] {nemo} FDO bounce teritory
[14:45] {nemo} surprised your filters didn't pick that up Dino
[14:46] {munky} twtr hammered
[14:47] {nemo} seeing some profit taking over the long weekend on high fliers
[14:47] {nemo} vxx still up
[14:48] {dino} nemo, they did, was in cof and db so was more watching them
[14:48] {dino} bounced on vwap
01[14:49] {&Threei}  was watching that TWTR for a while, then dropped it as it looked dead
[14:49] {nemo} yep
[14:49] {nemo} nice entry dino
[14:50] {dino} ty, saw the .50 break grab .40, then re-tested hod, but worked. got out way too early tho
[14:50] {nemo} yes and no...made nice coin on it, it just went further
[14:50] {dino} need a few of those to start working again. too many rinses and squeezes last few weeks.
[14:59] {dino} out cof .60, +.10
[15:01] {thomcbell} splk 79.46 long break
[15:01] {thomcbell} if holding 79.36
[15:02] {thomcbell} 0.45 rather
01[15:02] {&Threei} Long Setup:  TWTR  .35 break hl
01[15:02] {&Threei}  If holds  .25
[15:03] {dino} unless a big spike or drop hits scanners, most likely done for week, 6 of 7 today, only second time over daily goal this month
01[15:03] {&Threei}  good day
[15:04] {thomcbell} splk invalid
01[15:05] {&Threei}  1:1
01[15:11] {&Threei}  SPY loses ground
01[15:18] {&Threei} Long Setup:  TWTR  .85 break hl
01[15:18] {&Threei}  If holds  .75
01[15:20] {&Threei}  1:1
01[15:21] {&Threei}  1:2
01[15:21] {&Threei}  1:3
01[15:21] {&Threei}  out
01[15:21] {&Threei}  nailed it
[15:22] {thomcbell} wow mu bounce probably due
[15:23] {dino} nice
[15:44] {dino} calling it a week, thx all, gn
[15:44] {Les} cheers
01[15:44] {&Threei}  thank you all
01[15:44] {&Threei}  have a great relaxing long weekend
[15:44] {dino} :)
01[15:45] {&Threei}  see you tuesdya!
[15:45] {Les} ciao
[15:45] {Les} u sure I can't come monday?
01[15:46] {&Threei}  you can
[15:46] {Les} woohoo
01[15:46] {&Threei}  but you'll be alone here... maybe with ese
[15:47] {Les} that's alright, I'll slap him into line
01[15:47] {&Threei}  who seem to have missed a warning about long weekend
01[15:47] {&Threei}  cool
[15:47] {Les} a+
01[15:47] {&Threei}  :)

Thursday, January 16, 2014

Jan 16 2014

Boring and slow day, ending slightly negative. Breather after a few very strong sessions.

Session Time: Thu Jan 16 00:00:00 2014
[09:09] {Les} you there bunny boy?
[09:09] {Les} gm
01[09:09] {&Threei}  les :)
[09:10] {RonS} g'day mates
01[09:10] {&Threei}  ron :)
[09:13] {RonS} srpt gaps into gap but all over the place...
[09:15] {RonS} blk good day at black rock
[09:16] {RonS} wish cc was back to old tricks to see the nus plays...
[09:21] {fish_49} we had a CC8  get kicked this am
01[09:22] {&Threei}  expired nick... ccs multiply
[09:24] {fish_49} like rabbits?
[09:26] {RonS} lol...let me check stocktwits to see if cc nailed the nus bottom...
[09:27] {RonS} ...yep...he got 88.60...says going to $100...
01[09:27] {&Threei}  what's his nick over there?
[09:28] {fish_49} CC's  not responding in Skype support
[09:28] {RonS} lol...just kidding...
01[09:28] {&Threei}  oh
01[09:28] {&Threei}  which one, fish?
[09:28] {fish_49} any of them
[09:28] {fish_49} I think CC7 is in Thailand?  or Vietnam?
[09:28] {RonS} lol..any of them...
[09:29] {nemo} I thought he was FSB
[09:29] {RonS} really...they are different people?
01[09:29] {&Threei}  no, that's cc8 fish
01[09:29] {&Threei}  yes ron
[09:29] {RonS} hmmm...never knew that
[09:29] {fish_49} well CC 7 told me  any questions should be taken care of by Skype chat at Nonko Support
01[09:30] {&Threei}  with cc9 though, not cc7
[09:30] {fish_49} k
[09:30] {thomcbell} mu 23.50 long break
[09:30] {fish_49} don't want to distract  I will take care of it
01[09:30] {&Threei}  just delete or block old one so you don't mix them
01[09:31] {&Threei} Long Setup:  FB  .10 break hl
01[09:31] {&Threei}  If holds  57
01[09:32] {&Threei}  1:1
01[09:33] {&Threei}  1:2
[09:33] {Les} nice start ty
01[09:33] {&Threei}  yw
[09:33] {robbers} Nice call..
[09:34] {thomcbell} mu nope
[09:34] {fish_49} out +8
01[09:34] {&Threei}  +8?
[09:35] {Les} yes please
[09:35] {fish_49} got in at .12
01[09:35] {&Threei}  what are trading, GOOG?
[09:35] {fish_49} lol
[09:35] {fish_49} ohh
[09:35] {fish_49} out .8
01[09:37] {&Threei} Long Setup:  C  .25 break
01[09:38] {&Threei}  If holds  .15
01[09:39] {&Threei}  stop to .19
01[09:40] {&Threei}  meh
01[09:40] {&Threei}  1 cent o 1:1
[09:40] {Les} CAT overhoot
[09:41] {Les} overshoot
01[09:44] {&Threei} Short Setup: FB  .20 break hl
01[09:44] {&Threei}  If holds  .30
01[09:46] {&Threei}  meh
[09:46] {munky} twtr dive, low
01[09:46] {&Threei}  that's what was supposed to drag FB down, but they seem to disconnect
[09:47] {thomcbell} i feel like both are longs
[09:47] {munky} ah
[09:47] {munky} maybe fb drag twtr up
01[09:59] {&Threei} Long Setup:  CAT  .80 break
01[09:59] {&Threei}  If holds  .70
01[09:59] {&Threei}  *(US) JAN NAHB HOUSING MARKET INDEX: 56 V 58E
01[10:00] {&Threei}  Invalidated
[10:03] {Les} sm c long  53
[10:03] {Les} holding .95
01[10:04] {&Threei} Long Setup:  FB  .45 break
01[10:04] {&Threei}  If holds  .35
[10:05] {Les} no go C
[10:05] {+cc_7} A monthly sentiment index from the National Association of Home Builders fell one point to 56. A reading above 50 indicates positive sentiment.
[10:08] {Les} C u SoMG that hurts that does
[10:11] {nemo} jeez has bby traded cleanly this morning even in pre-market
01[10:11] {&Threei}  come on already FB
[10:12] {dino} vsm vwide nus l .00
[10:14] {Les} C sux ass
01[10:16] {&Threei}  sheesh
[10:18] {fish_49} out fb -0.05
[10:18] {fish_49} lol
[10:19] {nemo} bby 28.50ish inflection level
01[10:20] {&Threei}  btw fish, cc answered your q yesterday... stops are held on server
[10:21] {fish_49} thanks
[10:21] {fish_49} I am trying a different method right now
[10:22] {fish_49} I rode the FB trade down to around -.20 before figuring a way out with a hot key
[10:22] {fish_49} I had two profit orders placed and kept getting the message no buying power
[10:22] {RonS} deck dump
[10:23] {fish_49} the DAS trader support told me I should watch the videos  I already watched and told me I should try OCO order  lol
[10:23] {fish_49} I don't think they understood my question
[10:23] {fish_49} Can you teach me how to place an OCO order
[10:23] {fish_49} lol
[10:23] {fish_49} on my platform I teach students how to use OCO and OSO  it's not like Im a dummy
[10:24] {nemo} wow
06[10:24] * nemo don't do it nemo
[10:24] {fish_49} do it nemo
06[10:24] * nemo refrain!
[10:24] {fish_49} Im having one of those days
[10:24] {fish_49} Gun in hand  sighted in on Bunny  Make My Day Nemo
[10:24] {fish_49} lol
01[10:24] {&Threei} Long Setup:  BBY  .60 break hl
01[10:24] {&Threei}  If holds  .50
[10:25] {nemo} crosshairs on fish_49 .300 win mag
[10:25] {nemo} wind quartering NW at half
[10:25] {nemo} no mirage
[10:25] {nemo} ccb conditions
[10:25] {fish_49} Mass to Maryland  u better aimhigh
01[10:26] {&Threei}  valid still
[10:26] {nemo} gotta' account for earth's rotation at that distance
[10:26] {nemo} I'll aim for Pennsylvania
[10:26] {fish_49} lol
[10:26] {nemo} you should rotate under
01[10:27] {&Threei}  Invalidated
[10:29] {dino} pennsylvania, i'd better duck
[10:30] {fish_49} lol Dino
[10:33] {Les} nother c long .01
[10:33] {Les} holding .90
[10:34] {Les} JPM backl to yesterdays highs
[10:37] {Les} half off .09
[10:38] {Les} JPM potential dt following yestereday
01[10:39] {&Threei} Long Setup:  BBY  .50 break hl
01[10:39] {&Threei}  If holds  .40
[10:40] {Les} JPM is running
01[10:41] {&Threei}  needless to say, invalidated
[10:41] {fish_49} lol
[10:41] {nemo} it's testing the 27 level, couldn't hold 28
[10:42] {nemo} 26.70ish next test if it drops 27
[10:43] {Les} JPM breaks pervious high and then reverses. looking for DT play
[10:43] {dino} kmx sm l .20
[10:43] {Les} around .75
[10:44] {munky} FB may set up short
[10:44] {munky} ah late
[10:44] {Les} C not confirming JPM strength
[10:44] {Les} 2nd half C stop
[10:46] {fish_49} good trade Les
[10:47] {Les} not in JPM and didn't DT. waiting for .50 bounce and drop
[10:50] {Les} nice bluff from JPM no setup
01[10:53] {&Threei} Long Setup:  FB  .55 break
01[10:53] {&Threei}  If holds  .45
[10:57] {dino} hlf vsm wide l .00
[11:01] {Les} sm JPM short .24 holding .35
01[11:04] {&Threei} Long Setup:  CAT  .90 break
01[11:04] {&Threei}  If holds  .80
[11:06] {Les} taking a break
01[11:06] {&Threei}  SPY seems to have bottomed out... come on CAT
01[11:12] {&Threei}  is it one of those days when I better stay in bed?
[11:12] {nemo} bed of nails
[11:13] {dino} out half nus 94.30, +3.40
01[11:13] {&Threei}  wtg
[11:14] {dino} ty
[11:14] {dino} out remainder 95, +4
01[11:16] {&Threei}  now you are showing off
[11:16] {dino} only 200 shares total
01[11:20] {&Threei}  maybe not time for bed yet
01[11:20] {&Threei}  CAT gives hope
[11:20] {goinshort} how about CAT long now?
01[11:20] {&Threei}  now?
01[11:20] {&Threei}  we are long from .90
01[11:20] {&Threei}  1:1 already
01[11:20] {&Threei}  [11:04] {&Threei} Long Setup: CAT .90 break
01[11:20] {&Threei}  [11:04] {&Threei} If holds .80
[11:23] {goinshort} ok - nice call
01[11:26] {&Threei}  just want it to turn into more than scalp...
[11:28] {goinshort} I still like the setup
01[11:31] {&Threei}  so do I
06[11:31] * &Threei kicks CAT in the rear
01[11:37] {&Threei}  sigh
[11:37] {fish_49} Meow
01[11:40] {&Threei} Long Setup:  YHOO  .40 break
01[11:40] {&Threei}  If holds  .30
01[11:44] {&Threei}  - Investors are not feeling very confident this morning in the wake of compromised reports out of Goldman Sachs, Citigroup and Best Buy, with big declines in these and other major names weighing on broader markets.
01[11:44] {&Threei}  - Contrasting December inflation reports in the US and the Eurozone are front-and-center this morning. The Eurozone report showed CPI up 0.3% m/m and the annualized rate dropped to 0.8% from 0.9% in November.
01[11:45] {&Threei}  Meanwhile in the US the m/m figure was also 0.3%, while the annualized CPI rate rose to 1.5% from 1.2% in November, while core CPI was unchanged at 1.7%.
[11:45] {nemo} Bernanke speaking, market rallying
[11:47] {fish_49} I thought he was finished speaking last Monday?
01[11:47] {&Threei}  - Dovish Fed governor Williams discussed some of his doubts about QE in a paper out today. Williams said that while asset purchases by the Fed have been a potent tool, the impact is blunt and carries risks that are not well understood
01[11:47] {&Threei}  even doves question QE
[11:48] {nemo} yeah, but Bernanke says the Fed has everything under control...God speaks
01[11:48] {&Threei}  fish, they are never done speaking. Look at Greenspan who still can't shut up, many years after retirement
[11:48] {fish_49} did his Brother Yellen  agree?
[11:48] {nemo} you question the bearded one?
01[11:48] {&Threei}  - Shares of Goldman Sachs are down 2.2% this morning despite beating consensus expectations for earnings and revenue
01[11:49] {&Threei}  see, and if GS wass up, they would simply replace "despite" with "thanks to"
01[11:49] {&Threei}  value added left and right
[11:50] {fish_49} your right
[11:50] {fish_49} nothing changed since yesterday
[11:50] {RonS} speaking of which...ese moping?
01[11:50] {&Threei}  - Nu Skin is down another 20% after China's Ministry of Commerce said it is currently verifying whether or not Nu Skin is engaged in a pyramid scheme and the China State Administration for Industry & Commerce (SAIC) said it would open its own investigation
[11:50] {fish_49} so they are saying  the markets are down and we don't know why
01[11:51] {&Threei}  they'd never dmit that
[11:51] {fish_49} but we have to make something up or we wouldn't have a show
01[11:51] {&Threei}  there you go
[11:56] {dino} deck smr l ave .94
[12:05] {dino} how about this? markets are down because they are not up
[12:06] {nemo} hah! I'm looking at qcor and I have at 56 13/16 on the T&S!
[12:07] {dino} i see them once in a while too
[12:07] {nemo} yeah well dino, you see dead people too
[12:09] {dino} but of course
01[12:16] {&Threei}  QCOR gets ahead of itself
01[12:18] {&Threei}  dino
01[12:18] {&Threei}  must be ready to reverse very soon
[12:19] {dino} news on it?
[12:21] {dino} gap way above
01[12:21] {&Threei}  Questcor Pharma Discloses board-level science and strategic advisory committees have been formed to assist in examining ongoing factors contributing to the persistent discount in the company's valuation relative to peers, will also assess potential strategic - JP Morgan conf slides
[12:22] {RonS} rumors qcor may go private...
[12:22] {dino} ahh, maybe sell itself
[12:24] {dino} deck stop -.38
[12:29] {dino} qcor gap around 67 fwiw
01[12:31] {&Threei}  TransCanada Corp Canada Foreign Min Baird: Now is the time for a decision on Keystone XL pipeline, a decision needs to be made even if the decision isnt right
01[12:31] {&Threei}  anyone knows Canadian? I need translation to English
[12:32] {dino} aol
01[12:32] {&Threei}  2 dollars drop QCOR
[12:34] {dino} but its too wicked on the moves
[12:34] {fish_49} he says Put up or shut up and don't complain later about ur decision
[12:35] {dino} lol
[12:39] {dino} deck rinse
[12:42] {munky} .
[12:46] {nemo} poignant
[12:49] {fish_49}  a decision needs to be made even if the decision isnt right
[12:50] {fish_49} he is related to Nancy Pelosi and her comment  "We have to pass the Bill to know what's in the Bill"
01[12:50] {&Threei}  well, I think he is one step ahead of her
01[12:50] {&Threei}  he already knows it's not right but he want to make it now
[12:50] {fish_49} guys usually are 1 step ahead of girls
01[12:51] {&Threei}  really? I prefer to walk behind
01[12:51] {&Threei}  better view
[12:51] {fish_49} Munky not a girl I hope
[12:52] {RonS} w/ name like Spankin D.?...
[12:52] {dino} deck wall .00, trigger area
[12:52] {thomcbell} short setup SWK 82.50 break
[12:58] {nemo} aem
[12:59] {thomcbell} mu getting back to that level from 2 days ago
[13:15] {dino} qcor smr s .99
[13:18] {thomcbell} no go swk
[13:18] {thomcbell} mu trying here
[13:19] {dino} qcor stop -.38, spike
[13:22] {fish_49} fb
[13:22] {fish_49} ooops wrong window
01[13:31] {&Threei} Long Setup:  CAT  .05 break
01[13:31] {&Threei}  If holds  92
[13:31] {thomcbell} mu 23.04 long break if holding 22.99
01[13:34] {&Threei}  NUS halt
01[13:35] {&Threei}  TIBX Ticking higher on circulation of web report that Loeb (Third Point) continues to build stake in the company (Note Loeb disclosed a 2.7% share owernship on 11/13/13)
01[13:36] {&Threei}  HLF Citron Research: Not all MLM companies are alike, we have no evidence that Herbalife is operating a pyramid scheme in China - Twitter
01[13:37] {&Threei}  ackman: what???
01[13:41] {&Threei}  here kitty kitty
[13:45] {nemo} Op Ex Thursday
[13:47] {nemo} bby
[13:47] {nemo} upgrade
[13:47] {nemo} hehehehe
01[13:47] {&Threei}  US Secretary of State John Kerry to make a statement on Syria
01[13:48] {&Threei}  {Syria} huh? ohh... yawn
[14:05] {thomcbell} jks 35.60 long break if holding 35.50
[14:06] {thomcbell} nope on jks
01[14:07] {&Threei} Long Setup:  MU  .05 break
01[14:07] {&Threei}  If holds  .95
[14:15] {thomcbell} i thought 0.04 break on mu Vad
01[14:18] {&Threei}  well... you have 2 cents advantage :)
[14:19] {fish_49} I filled 2000 shares even though I ordered 1000
[14:20] {fish_49} filled @ .05  even though stop limit was .06
01[14:23] {&Threei}  if there was a hidden order at .05, you may have hit it not seeing it
[14:25] {fish_49} I see why it happened  the trigger (Stop) was .05 and the limit was .06  it hit the stop and filled at a better price
01[14:25] {&Threei}  yup
01[14:34] {&Threei}  WMP Woodside Petroleum Ltd Awarded exclusive rights to proceed with proposed LNG terminal at the undeveloped site on the west coast of Canada - US financial press- British Columbia Premier Christy Clark: "Every step forward brings us closer to realizing the opportunity presented by LNG, bringing billions in investment and 100,000 new jobs throughout the province."
01[14:34] {&Threei}  cue ese... "they are all nutcases"
[14:37] {fish_49} is that the pipeline issue?
[14:37] {thomcbell} spwr
[14:37] {thomcbell} very big cup being formed on 10 min
01[14:37] {&Threei}  no, this is provincial level, exploring natiral gas
01[14:37] {&Threei}  has been a big issue in the last election
01[14:38] {&Threei}  along with pipeline permit to go via BC
[14:40] {fish_49} so as long as Obama is in office it will skip the USA lol  straight to Russia  maybe
[14:40] {fish_49} lol
01[14:40] {&Threei}  this pipeline is actually for China'
[14:41] {fish_49} oh then Im against it  they will use plastic pipe and toy screws to hold pipe together
01[14:41] {&Threei}  Keystone delay made Canada look that way, and build pipeline to the west coast and tanket terminals
01[14:41] {&Threei}  left and enviromentalists are livid
[14:41] {fish_49} was Keystone  for China also?  I was thinking that was Russia
01[14:42] {&Threei}  keystone was for you, yanks!
[14:42] {fish_49} If I lived in that area  I might be concerned  its a beautiful area
[14:42] {fish_49} the area that was being selected for the Keystone in the US  was Midwest  nothing  all that great as far as property
01[14:42] {&Threei}  no one lives where pipeline will go
[14:43] {fish_49} yes  I know  keystone  was for the yanks  but  oil coming from where?
01[14:43] {&Threei}  oil sands
01[14:43] {&Threei}  alberta and saskatchewan
[14:43] {fish_49} ahhhhh
[14:44] {fish_49} that's why ese didn't come to the trading room today  he is out with a protest sign
01[14:44] {&Threei}  must be
[14:44] {RonS} ...easier access for export fish...now will have to go through all those mountains...
[14:45] {fish_49} on Das  chart  I see candles Red Green and Blue  whats the blue represent  I see it on volume also
[14:45] {fish_49} anyone know?
[14:45] {fish_49} yes Ron  and not to mention the jobs it will create  to build  and jobs  to maintain
01[14:47] {&Threei}  blue candle in volume corresponds with price candle that is not greed or red,
01[14:47] {&Threei}  i.e, one where last print is the same as first
[14:47] {fish_49} Vad your a genius
01[14:47] {&Threei}  so no price change, despite tails
01[14:47] {&Threei}  greed = green
01[14:48] {&Threei}  I can also explain what green candle means and red one - that how genius I am
[14:49] {fish_49} lol
[14:50] {fish_49} MU has price/volume divergence  yea?
[14:50] {thomcbell} duh jks
[14:50] {thomcbell} there is my 1:4
01[14:51] {&Threei}  my brain has trade/profit divergence today, fish
[14:51] {RonS} hey thom, look spwr...wants to go like scty imo...
[14:52] {thomcbell} yes - very powerful chart pattern inn process
[14:53] {thomcbell} multi-year breakout level 35.35
[14:53] {thomcbell} well that was nasty hehe
[14:54] {fish_49} am I the only one seeing the long nasty flash on MU?
[14:54] {fish_49} what was that?
01[14:55] {&Threei}  out of bounds print
[14:57] {nemo} dcc fish
[14:57] {nemo} hold on, nevermind
[15:14] {fish_49} Half out MU here
[15:15] {thomcbell} mu stinks\
01[15:15] {&Threei}  I can't believe it's the same MU that used to move 20-30 cents in a matter of 5-10 min for us
[15:15] {thomcbell} but stinks and made money
[15:15] {fish_49} the son of a horse for sure
01[15:20] {&Threei}  1:1
01[15:20] {&Threei}  woohooo
06[15:20] * &Threei is doing rain dance mentally
01[15:21] {&Threei}  or, mental rain dance?
[15:25] {fish_49} either way is correct
[15:25] {fish_49} I think
[15:25] {fish_49} but my English sucks  so I should not comment
[15:25] {fish_49} lol
[15:26] {dino} out kmx .72, +.72
[15:26] {fish_49} wow
[15:26] {fish_49} gj  Dino
01[15:26] {&Threei}  wtg
01[15:27] {&Threei}  well, latter version is open to interpretation that rain dane is somewhat impaired mentally
[15:27] {dino} ty
01[15:27] {&Threei}  Nu Skin Enterprises, Inc CEO: Company is "absolutely not a pyramid scheme"; Does not believe the Chinese press view reflects that of the govt - financial press- Yet to meet with China govt; Company's China team has been handling all govt inquiries.
01[15:40] {&Threei}  (US) Fed's Kocherlakota (dovish, FOMC voter in 2014): Reiterates Fed needs to do more to stimulate the economy, was being complacent by planning for years of below-target inflation - FT interview- Reiterates Fed needs to improve communications about what it will do once unemployment rate falls below 6.5% threshold. - Rather than lower the 6.5% threshold, Fed could bring in new guidance about how it will behave until unemployment hits 5.5%. - Cutting interest on excess reserves (IOER) below zero would be a very powerful signal.
[15:43] {dino} "if" it ever gets to 5.5% without fudging the numbers
01[15:44] {&Threei}  lol
[15:45] {fish_49} if Im fed  I stop taper even more and faster  and watch the economy   if and when the economy grows too fast then we consider rates
[15:45] {fish_49} and your right Dino
[15:45] {fish_49} But I don't think Mr Yellen will fudge the numbers  in his first 3 months
[15:46] {dino} participation in work force at lowest levels since 1978 (carter years) at 63% working
01[15:46] {&Threei}  his?
01[15:46] {&Threei}  you are aware he is actually a she, aren';t you :)
[15:47] {fish_49} oh really  I couldn't tell by the fuzz on the lip
[15:47] {fish_49} yes Vad  I know
[15:47] {fish_49} but I refuse to call her a her
01[15:47] {&Threei}  ok :)
[15:48] {thomcbell} spwr very firm thru this softness
[15:48] {fish_49} I think she is 2nd cousin to Janet Reno
[15:50] {thomcbell} spwr 35.17 brak if holding 35.11
01[15:53] {&Threei}  OK guys... miserable day, boring and debilitatingly slow
[15:53] {thomcbell} flatten spwr
[15:53] {thomcbell} out of time
01[15:53] {&Threei}  happy to end it with profitable trade, no matter how small
01[15:53] {&Threei}  have a good evening, see you tomorrow
[15:53] {fish_49} lost tract of time  I am waiting  for MU to stop me out  to test the OCO thing  lol
01[15:54] {&Threei}  move stop up :)



Wednesday, January 15, 2014

Jan 15 2014

High precision top call on CAT, and that's on top of 2 1:3ers and 1 1:2 earlier:


Needless to say, very nice day again, where all the fat winners far outweighed couple smallish stops.


Session Time: Wed Jan 15 00:00:00 2014
[08:39] {fish_49} US NY Empire State Manufacturing Index 12.5 vs. previous 2.22  what a jump  This must be whats making the dollar pop
[09:07] {thomcbell} gm
01[09:07] {&Threei}  morning fish, tbell
[09:07] {fish_49} gm all
[09:09] {RonS} gm eh
01[09:09] {&Threei}  ron :)
01[09:09] {&Threei}  moving up here? mastering dialect?
[09:09] {fish_49} gm ron
[09:09] {RonS} lol
[09:11] {Les} gm
01[09:11] {&Threei}  les :)
06[09:12] * Les slaps cc_7 around a bit with a large trout
[09:12] {Les} I'm sure no one else has
01[09:13] {&Threei}  hmmm... living on the edge I see
01[09:13] {&Threei}  man who can turn my buying power negative with one button push is the last one I'd start morning with slapping
[09:13] {Les} naaah, skinning Nemo's rabbit alive before him would be living on the edge
01[09:14] {&Threei}  that would be beyond the edge
[09:14] {Les} http://www.youtube.com/watch?v=eg8-dii9Ma0
[09:14] {Les} I dare you... I double dare ya!
[09:17] {+cc_7} Good morning traders
01[09:17] {&Threei}  cc7 :)
[09:18] {Les} you forgot me cc
[09:19] {Les} I'm just here for the slappin
[09:19] {Les} sorta like the titty licker in deadwood
01[09:19] {&Threei}  hint for cc: right click on Les's nick, look at the bottom line of the menu...
[09:20] {fish_49} what?
[09:21] {Les} nothing fish just making introductions
[09:22] {nemo} mmmhhhhh...is it a bull market?
[09:22] {fish_49} lol  I was asking what to see if you really would shoot
[09:23] {Les} nah we skinning wabbits Nemo...
[09:23] {fish_49} I think for sure its not a rabbit market  Nemo
[09:23] {nemo} spy just hit the monday high
[09:23] {nemo} that sucked Joe
[09:23] {Les} [15:13] * Les slaps cc_7 around a bit with a large trout
[09:23] {Les} [15:13] {Les} I'm sure no one else has
[09:23] {Les} [15:13] {&Threei}  hmmm... living on the edge I see
[09:23] {Les} [15:14] {&Threei}  man who can turn my buying power negative with one button push is the last one I'd start morning with slapping
[09:23] {Les} [15:14] {Les} naaah, skinning Nemo's rabbit alive before him would be living on the edge
[09:23] {Les} [15:14] {&Threei}  that would be beyond the edge
[09:24] {nemo} Everytime I see your nick I hear Funk49 in my head
[09:24] {nemo} waaaay beyond the edge
[09:24] {fish_49} Run Les  Vad is telling on you
[09:24] {Les} lol I just busted myself fish... :)
01[09:24] {&Threei}  as far as I can tell, he is telling on himself
[09:24] {fish_49} lol
[09:24] {Les} pathological need for trouble
[09:25] {nemo} I would absolutely go off and probably win on a temporary insanity plea
[09:25] {RonS} is Funk49 that Joe Walsh james gang tune?
[09:25] {Les} call me titty licker
[09:25] {nemo} yes Ron
[09:25] {Les} ty for DEadwood recommendation Nemo
[09:25] {Les} outstanding HBO
[09:25] {Les} nothing like that since Rome
[09:25] {Les} maybe John Adams
[09:25] {nemo} Yeah, the bar owner is incredible
[09:27] {nemo} NQ very active
[09:27] {fish_49} NQ near gap fill
[09:30] {ese} phew...made it
01[09:30] {&Threei}  ese :)
[09:30] {Les} FB
01[09:31] {&Threei} Short Setup: GDX  .87 break
01[09:31] {&Threei}  If holds  .95 
[09:33] {Les} FB
01[09:36] {&Threei} Short Setup: FB  .50 break hl
01[09:36] {&Threei}  ummm
01[09:36] {&Threei}  good luck getting that fill
01[09:36] {&Threei}  stop .60
[09:37] {Les} .60 previous highs
01[09:37] {&Threei}  GDX valif
01[09:37] {&Threei}  1:1 FB
01[09:37] {&Threei}  returned to pick us up
[09:37] {fish_49} out half
[09:39] {thomcbell} lulu might squeeze at some point 
01[09:40] {&Threei}  1:2
[09:40] {fish_49} out in full
[09:40] {robbers} Out on spike, thanks Vad.
01[09:40] {&Threei}  :)
[09:40] {Les} cover .21 ty sir
01[09:41] {&Threei}  1:3
01[09:41] {&Threei}  done
01[09:41] {&Threei} Short Setup: LULU  .60 break hl
01[09:41] {&Threei}  If holds  .70 
01[09:43] {&Threei}  not two-sided yet but I like the idea of watching for squeeze
01[09:43] {&Threei}  just imagine chant "squeeze me, lulu"
01[09:44] {&Threei}  gs... missed 1:3er
[09:45] {Les} DIA breaking downtrend channel 15 min timeframe
[09:45] {nemo} IWM just keeps going higher
[09:47] {thomcbell} DDD
[09:47] {thomcbell} near day low here 
[09:47] {Les} half lulu ty vad
01[09:47] {&Threei}  1:1 LULU
01[09:47] {&Threei}  1:2
01[09:47] {&Threei}  yw
01[09:48] {&Threei}  down girl, down
[09:48] {fish_49} wow  missed half  out on 1:1  got out full at 1:2  great mistake on my part
01[09:48] {&Threei}  lol
[09:48] {robbers} Fish, you've fallen upwards.
01[09:48] {&Threei}  hehe
[09:49] {fish_49} but not good  I need to learn this platform that could have easily been the other way around
01[09:49] {&Threei}  1:3, over and out
[09:49] {+cc_7} U.S. stocks opened higher on Wednesday, extending the prior day's rally, after data illustrated manufacturing in the New York region expanded at a more rapid clip in January and as Bank of America reported earnings and revenue that topped Wall Street's expectations.
01[09:50] {&Threei}  it's just you second day with it fish... by the end of the week you'll be like, ummm, you in the water
[09:50] {nemo} ESE!  rim shot please!
[09:50] {fish_49} I have a stop limit order in on GDX  
[09:50] {fish_49} is that 2 sided trade?
01[09:51] {&Threei}  probably
[09:51] {fish_49} in the water Vad?  Is  that like Sink or Swim Platform?
[09:51] {ese} BA DAP BAP!!!!!!!!!!!
01[09:51] {&Threei}  he who starts the day with 2 1:3ers... (I haven't come up with good end to that yet)
01[09:51] {&Threei}  lol fish
[09:51] {ese} or maybe it should be WACK!!!!!!!!!!
[09:52] {Les} ...can only go downhill
[09:52] {fish_49} yep going for gap fill
[09:54] {ese} lookin for news on solars......there going crazy a bit this morning.....anybody got anything....
[09:54] {RonS} the sun is out somewhere?
[09:55] {ese} of course......how could i miss that
01[09:55] {&Threei}  GDX 1:1 on a long side
[09:56] {fish_49} trying to short it at .11
[09:56] {fish_49} order didn't fill
01[09:57] {&Threei}  ese, this is from Jan 4:
01[09:57] {&Threei}  NYT examines the recent strength in stocks of some solar names- SCTY, SPWR, SUNE are seeing a boost amid solar power craze that is sweeping Wall Street, a sign that either the sector is finally having its day or that another mania is gripping markets.
01[09:58] {&Threei}  short what fish?
[09:58] {Les} gdx
[09:58] {ese} tks vad
01[09:58] {&Threei}  hmmm... why?
[09:58] {ese} L jks .52
01[09:58] {&Threei}  it's at 1:2 on long side
01[09:59] {&Threei}  what is it about .11 that makes it a short trigger?
[09:59] {RonS} ese didn't jks announce a secondary last night?
[09:59] {dino} qiwi smr l .20
[09:59] {RonS} mcp l .38
[09:59] {fish_49} yes I wanted to scalp .10 on the drop  but was wrong
[10:00] {ese} ½ out jks .70 +.18
[10:00] {RonS} QIWI falls after report of Russia mulling cross-border payment ban
[10:00] {ese} love these days when i look down to type and the stock shoots up there next bar......
[10:02] {ese} tks ron.....can't seem to log onto trade the news.....haven't seen that announcement
[10:03] {thomcbell} wow sndk
[10:03] {thomcbell} exploded
[10:03] {ese} jks balance to even .53
[10:04] {Les} Nemo noticed using Chrome for win 32. is there chrome for 64?
01[10:04] {&Threei} Long Setup:  HL  .65 break
01[10:04] {&Threei}  HAL
[10:05] {nemo} I don't know
01[10:05] {&Threei} Long Setup:  HAL  .65 break
[10:05] {ese} out jks .84 +.32
[10:05] {ese} good enough
01[10:05] {&Threei}  wtg
[10:05] {RonS} gj
01[10:06] {&Threei}  Invalidated  
01[10:06] {&Threei}  let's recalibrate it
01[10:06] {&Threei} Long Setup:  HAL  .60 break
[10:06] {ese} tks
01[10:07] {&Threei}  If holds  .50 
[10:08] {ese} canadian dollar taking a proper beating.....with a nut ball like Harper at the helm no wonder
[10:09] {ese} the one guy he shouldn't have turned on Nigel Wright......maybe one of the smartest financial men in the country
[10:09] {dino} out qiwi 45.20, +2.00
[10:10] {RonS} wtg
[10:10] {dino} ty
01[10:10] {&Threei}  ese... you are kidding, right?
01[10:10] {&Threei}  canafdian dollar drop is the best thing that could happen to canada economy
[10:10] {dino} any idea why viix is down 6 w/vxx flat?
01[10:11] {&Threei}  we are exporting country with positive trade balance
[10:11] {ese} I remember when he was with ONIX corp.........he was the financial genius behind all there takeovers
[10:11] {fish_49} CD hit me twice this week Im leaving it alone.  
[10:11] {ese} true....ya i get that
01[10:11] {&Threei}  so what's the problem?
[10:12] {ese} no problem.....maybe should have worded post different
01[10:12] {&Threei}  or when it comes to conservatives bashing, anything goes?
[10:12] {Les} hehe I think it's caus e he's not a communist
[10:12] {ese} definitely
[10:13] {ese} every nut case in the country hangs out there
01[10:14] {&Threei}  I really wish there was an alternative universe in which any of harper's opponents would run the country through this crisis, so you'd have an opporftunity to see what they'd do
01[10:14] {&Threei}  and how Canada would fare
[10:14] {Les} can always follow VEnezuala for example
01[10:14] {&Threei}  the best economy in G7 through the crisis, and that's still not enough
01[10:14] {&Threei}  handling it without excessive stimulus and debt amasiing
01[10:14] {&Threei}  still not enough
01[10:15] {&Threei}  come on, this is ridiculous
[10:15] {Les} awww c'mon Vad
[10:15] {Les} you did it once
[10:15] {Les} you can do it again
[10:15] {Les} embrace socialism
[10:16] {RonS} koolaid is the best
[10:16] {fish_49} huh?
01[10:16] {&Threei}  stop to .54
06[10:16] * Les slaps fish_49 around a bit with a large trout
[10:17] {fish_49} slaps Les with a large medical bill  Opps  wont cost anything under social medicine  the rich will pay for it  sorry
[10:19] {RonS} oil report in 10
[10:20] {Les} aaagh so this is what this is about
[10:21] {ese} one of the things some of you are failing to see....I grew in Saskatchewan....NDP...responsible for medicare etc and a few other things and at this moment the most financially stable and profitable province in the country.....there are alot of things in this country that are a direct result of what happened there
[10:21] {fish_49} all reports released today were great  lets get a low Oil Inventory and see what happens
[10:22] {ese} that liberal and conservative govt's are slowly erroding
01[10:22] {&Threei}  have you noticed that it's oil sands that made saskachewan profitable?
01[10:22] {&Threei}  those same oil sands left hates?
[10:22] {ese} i'm affraid there more than that vad.....
01[10:22] {&Threei}  it was have not province before oil
[10:22] {ese} and most of the oil sands are in Alberta
01[10:23] {&Threei}  most yes, but it's thiose that saskachewan has that made it profitavle
[10:23] {ese} not true ....we had prostitution in the 1800's......very profitable
01[10:23] {&Threei}  yup
[10:23] {RonS} ...and i always thought it was the sport of Sasquatch
[10:23] {RonS} export
01[10:24] {&Threei}  damn conservatives, closed that industry
01[10:24] {&Threei}  ese, I have a suggestion
[10:24] {ese} ya.....bastards
01[10:24] {&Threei}  your leftsis world view is not going to change, not faced with logic, not with facts - it;'s in your bones
01[10:25] {&Threei}  let's leave that out of this room and keep it to trading
[10:25] {thomcbell} cat
01[10:25] {&Threei}  since you are not going to change anyone else's view here either
[10:25] {thomcbell} tail vad
01[10:26] {&Threei}  no clear setup...
[10:27] {ese} who me..........change anyones point of view.......that'd be the day
[10:27] {fish_49} I left the room for a  minute
[10:27] {thomcbell} and it is breaking out 
[10:27] {fish_49} who pee'd on Vad Cherios?
[10:28] {ese} i think it was me.......
[10:28] {fish_49} Liberal View perhaps?
[10:28] {ese} hmmmmmm
01[10:28] {&Threei}  finally HAL
01[10:28] {&Threei}  1:1
[10:28] {fish_49} ok after I get out of this trade I  will call
[10:28] {Les} you keep that liberal crap to yourself fish
[10:29] {fish_49} cool  my auto target order filled
[10:29] {fish_49} lets see if the 2nd half will do the same
[10:30] {Les} anyone who hasn't been shit stirred today?
06[10:30] * Les glances at Ron and dino's handle...
01[10:30] {&Threei}  CAT is still climbing tbell
[10:30] {Les} chart wise looks interesting CAT short
[10:31] {Les} but this market on edge of momo
01[10:31] {&Threei}  if setup forms
01[10:31] {&Threei}  stop this "short at will" crap please
[10:31] {Les} everything getting dragged up
[10:31] {fish_49} LES I have been called everything in the book except Liberal
[10:31] {fish_49} lol
[10:31] {Les} just havin some fun
[10:31] {fish_49} I know
[10:31] {robbers} Out HAL, thanks.
01[10:32] {&Threei}  HAL baby
01[10:32] {&Threei}  1:2
01[10:32] {&Threei}  yw robbers
[10:32] {fish_49} hmmm I didn't fill on the 1:2
[10:33] {Les} indicator divergences short are no longer working. red flag for keeping long or out
[10:33] {nemo} yeah, it's a bull market today
[10:37] {dino} you guys keep giving me chills with that liberal word. scary
01[10:38] {&Threei}  why the multiple, dino
[10:39] {ese} CRAP!!!!!!!!  look away for brief moment and jks takes off
[10:39] {ese} off of bottom
[10:41] {dino} sm l viix .90 ave
[10:42] {dino} ddd drop
[10:43] {robbers} Dino, is that a comment on bra sizes?
[10:44] {fish_49} during lunch look at the image and tell me if I have the orders correct.  I went long 1000 shares HAL  got out half at 1:1 and looking to get out the other half on a limit order of .80  and I hope the other order is a stop loss (Market) at .61  what bothers me is the SS  meaning sell short
[10:44] {fish_49} http://s1332.photobucket.com/user/bkhmd/media/DASOrders_zps1aa40503.jpg.html
[10:45] {dino} lol robber
[10:45] {fish_49} lol robber  that must be a senior  size
[10:46] {Les} IWM above downtrend channel support, SPY below range resistance
[10:47] {ese} who was it on this board thats from Nashville?
[10:47] {robbers} That'd be me, but we prefer to call it Nashviiiiiile.
[10:47] {fish_49} not sure but my Best friend works there 
01[10:47] {&Threei}  fish, looks right to me although I'd prefer cc_7 to confirm that
[10:47] {fish_49} lives in jersey and commutes 
01[10:47] {&Threei}  two othwer things though:
[10:47] {fish_49} thanks Vad
01[10:48] {&Threei}  1: if it tags 1:2 but doesn't gio through swiping your offer, why not sell at .79-.78
[10:48] {fish_49} correct  the bid never hit my price
01[10:48] {&Threei}  and 2. after 1:2 is tagged, stop should be trailed to .60
[10:48] {ese} It looks like i'm comin to see you again next year april ish robbers
[10:49] {fish_49} thanks Vad\
[10:49] {robbers} Good Ese, you're welcome to look me up.  Let me know and will give you contact info.
[10:49] {ese} awesome
[10:50] {ese} this is assuming of course that vad doesn't kick me off the board by then .......
[10:51] {fish_49} Vodka will fix that  Ese
01[10:51] {&Threei}  why, I dstill have hope, against all odds, that you might see the light...
[10:51] {ese} lol
01[10:52] {&Threei}  let's practice some fact-finding for a second ese, shall we?
01[10:52] {&Threei}  http://en.wikipedia.org/wiki/Saskatchewan#Economy
01[10:52] {&Threei}  acroll down a little to the tavle of industries %
[10:52] {ese} not today....am outta here in a few minutes.....have a show tonight
01[10:52] {&Threei}  exclude inner churning ones
01[10:52] {&Threei}  13.0 mining, petroleum
01[10:53] {&Threei}  7.7 manufacturing
[10:53] {ese} blew my chance to make more cash with jks....am done for the day
01[10:53] {&Threei}  6.8 agriculture, forestry, fishing, hunting
01[10:53] {&Threei}  any questions what makes money for the province?
[10:53] {RonS} ag
[10:53] {ese} ok....hang on
01[10:54] {&Threei}  Among Canadian provinces, only Alberta exceeds Saskatchewan in overall oil production
[10:54] {fish_49} since it's slow and we are beating up ese  take a look?  perhaps posted here b4
[10:54] {fish_49} http://s1332.photobucket.com/user/bkhmd/media/Democrat_zpscf055c97.jpg.html
01[10:55] {&Threei}  hehe
[10:55] {Les} iwm inverted cup and ahndl.e
01[10:55] {&Threei}  even George Takei grudgingly admitted it was funny
[10:55] {ese} gotta love that AAA credit rating.......
[10:56] {fish_49} com,e on ese it was funny 
[10:56] {ese} ok....that was good one fish
[10:56] {fish_49} lol  
[10:57] {RonS} wow xon daily off frankensalmon...
[10:57] {Les} long SPY .51
[10:57] {Les} looks like IWM DB
01[10:57] {&Threei} Short Setup: CAT  .25 break
01[10:57] {&Threei}  If holds  .35 
[10:57] {ese} beat me up this morning?......THIS morning!!!!!!!  THIS MORNING!!!!!???????  EVERY MORNING!!!!!!!!!
[10:58] {ese} am outta here cya tomorrow
01[10:58] {&Threei}  not true... only the mornings you try to turn us socialists
[10:59] {fish_49} hey was ese serious  I was only teasing
01[10:59] {&Threei}  nah
[10:59] {nemo} sensitive musician...sniff sniff
[10:59] {RonS} ...at least cc's cheerleading was entertaining...
01[11:00] {&Threei}  he also forgot to mention that from 2007 his fvorite province is run by conservative govt, with increase majority in each next election
[11:01] {fish_49} I like that even though Im not from there  "Increased Conservatives"
01[11:02] {&Threei}  leftist worldview does weird things to otherwise normal people...
[11:04] {fish_49} out
01[11:04] {&Threei}  no go CAT
[11:06] {fish_49} I don't have time  to Skype  today to get order entry down  but  I did notice a problem while I had the stop and profit orders in,  I noticed no buying power and had to get out of Hal to get into Cat
01[11:06] {&Threei}  each order requires BP, yes
01[11:07] {&Threei}  but let me ask you... why do you need all those OCA orders if you are here?
[11:07] {fish_49} yea  so if  I have a stop and 2 target orders in  that could be  an issue
01[11:07] {&Threei}  I understand laying out sell order as stock climbs to your target
[11:07] {fish_49} Vad,  I just don't trust myself and I live in a place the loses electricity once or twice a month
[11:08] {fish_49} has anyone had to call the trade desk?
[11:08] {nemo} oh the communist state of Maryland and Delaware
01[11:08] {&Threei}  will had
[11:08] {fish_49} ur right nemo  Maryland always votes Democratic  I wished I could change that  lol
01[11:08] {&Threei}  as far as I know, they took him out of a trade in such situation once
[11:09] {fish_49} u don't fear losing power in the middle of a trade?
01[11:09] {&Threei}  it happened once three years ago...
[11:10] {fish_49} I think I can still make it work  
01[11:10] {&Threei}  also, it will help only if your tops are server-side
01[11:10] {&Threei}  stops
[11:11] {fish_49} correct  Im assuming they are server side
01[11:11] {&Threei}  better find out for sure
[11:11] {fish_49} it would be of no use if they were platform side
[11:11] {fish_49} yes Vad  will ask him that  tomorrow during skype
[11:13] {fish_49} one last Q; b4  I take off for dental appointment.   Is the live DAS as fast as this demo?  the fills are lightening fast on this demo
01[11:15] {&Threei}  if shares are there for tsking, it's practically instant
01[11:16] {&Threei}  you guys using those obsolete brokers are always surprised just hiow fast real direct access platforms are :)
[11:17] {fish_49} love u too Vad  lol  I just spoiled with Trade station  no need to think on order entry
01[11:18] {&Threei}  trade station is a bike
01[11:18] {&Threei}  das is a jet
[11:18] {Les} very small iwm short .04
[11:19] {Les} holding .10
01[11:19] {&Threei}  need to think is just a matter of getting used to
[11:20] {fish_49} honestly I like it so far.  
[11:21] {fish_49} off to a dental appointment  see ya tomorrow
[11:21] {fish_49} happy afternoon trading
[11:21] {fish_49} and thanks for the help
01[11:21] {&Threei}  take care fish
[11:21] {Les} i wonder if he's paying for it or putting it on the Obama tab
[11:21] {+cc_7} As for stop orders: 
[11:22] {+cc_7} The market or the ECN's providers only know Limit or Market orders
[11:22] {+cc_7} so the stop order is an algo that send your order: limit or market to the ecn's once what your trigger is reached
[11:23] {+cc_7} the order is kept at the provider server as any order, and shipped to the market only on trigger
01[11:23] {&Threei}  ok, so if fish's computer loses power, stop remain in place
01[11:24] {&Threei}  and will be executed if trigger hit
[11:24] {Les} iwm 1:1
01[11:24] {&Threei}  right?
[11:24] {+cc_7} yes, that's right
01[11:24] {&Threei}  cool, ty
01[11:24] {&Threei}  he will be glad to know
[11:24] {+cc_7} sure, no problem
[11:24] {Les} I love this room
[11:24] {+cc_7} We had a day last year - that DAS servers went down
[11:24] {Les} makes me feel a little smarter every day
[11:24] {+cc_7} for almost 3 hours
[11:25] {+cc_7} it means no firm that uses DAS and that's a lot
[11:25] {+cc_7} was able to trade
01[11:25] {&Threei}  I remember
[11:25] {Les} I bet DAS felt the heat following that
[11:25] {thomcbell} cat impervious to this pullback
[11:25] {+cc_7} after it came back we saw that all stop order had excuted as needed
[11:26] {Les} so DAS servers are not the provider servers?
[11:26] {Les} smart
[11:27] {Les} IWM stopped cold at previous resistance. See if I can hold onto small short going into afternoon
01[11:27] {&Threei}  [11:24] {Les} makes me feel a little smarter every day {--- you really put your chin out there Les... nemo must be asleep, or "then you need 10 years of this room 24/7" response would have been meted immediately
[11:27] {Les} nah
[11:27] {Les} he would have said
[11:27] {Les} well coming from your level...
[11:27] {Les} or something like that
[11:27] {Les} but yeh
[11:27] {Les} noted no Nemo
[11:27] {nemo} my work here is finished
[11:27] {Les} quickest way to verify if he is in front of screen :)
[11:28] {RonS} lol
[11:29] {Les} not bad
[11:32] {RonS} out mcp .55 +.17 ese size
[11:32] {thomcbell} mcp trying to get thru that level
[11:32] {Les} another stop on IWM
[11:33] {dino} gj ron
[11:34] {RonS} ty
[11:34] {nemo} did you short IWM Les?
[11:36] {Les} got a scalp away from .05 short but didn't continue
[11:37] {Les} lower
[11:37] {nemo} gotta' watch spy and finnies when they came into vwap they all popped
[11:37] {Les} 15 and 3 min MACD still holding green on these divergences. fat lady ain't singing yet
[11:38] {nemo} you gotta' watch finnies and spy also
[11:38] {RonS} 3i...  pic.twitter.com/GFatZV2KbI
[11:38] {dino} sm s ehth .04 gappy
[11:38] {Les} yeh divergences abound. got em on screen
[11:38] {thomcbell} lulu 49.70 long break for squeeze 
[11:39] {dino} scanners dead
01[11:39] {&Threei}  impressive shot ron
[11:40] {RonS} ese brain scan?
[11:40] {Les} ooph
[11:40] {RonS} :)
[11:40] {nemo} hey Les:  http://imagizer.imageshack.us/v2/800x600q90/802/z7s5.jpg
[11:41] {RonS} really hard to see nemo...
01[11:41] {&Threei} Short Setup: FB  .65 break
01[11:41] {&Threei}  If holds  .75 
[11:41] {nemo} you should be able to enlarge it Ron
01[11:42] {&Threei}  many e-mails I get state than nemo
01[11:42] {&Threei}  that
[11:42] {RonS} rotflol
01[11:42] {&Threei}  {GGG}
01[11:42] {&Threei}  Invalidated  
[11:42] {nemo} As I expand the size of the photoviewer the graphs get better
[11:42] {nemo} road to hell
[11:42] {nemo} no good deed goes unpunished
[11:44] {thomcbell} lulu 1:1 lomd pf 
[11:44] {thomcbell} kind of
[11:45] {thomcbell} pac crest out positive on  nflx 
[11:45] {Les} yeh the vwap bouncing
[11:45] {thomcbell} overblown on net neutrality
[11:46] {thomcbell} ok legitimate 1:1 on lulu
[11:46] {Les} gj
[11:46] {thomcbell} 1:2
01[11:48] {&Threei}  nice
[11:49] {dino} stop ehth .33 -.29
[11:49] {thomcbell} Pac Crest - AMZN / NFLX / youtube- worry over Net Neutrality ruling going around today are WAY overblown... there is NO way a broadband provider     would single out a consumer favorite like AMZN prime or NFLX and charge more for downloading them - it would be a PR nightmare - broadband providers may throttle down speeds for illicit things like BitTorrent
[11:49] {thomcbell}                    we see NO risk to increased costs from NFLX or AMZN
[11:52] {thomcbell} nice miss on cat 
[11:52] {thomcbell} like my 0.10 cent loss vad
01[11:53] {&Threei}  :)
01[11:53] {&Threei}  just imagine attamepting to average it down
01[11:53] {&Threei}  yikes
[11:53] {thomcbell} keep eyes on mu for long setup - thru 23.72 looks interesting on longer timeframes
[11:53] {thomcbell} has consolidated well
[11:57] {thomcbell} lulu 1:3
01[11:58] {&Threei}  wtg
[12:04] {dino} kpti spike
01[12:04] {&Threei} Short Setup: CAT  .10 break
01[12:04] {&Threei}  If holds  .20 
[12:05] {RonS} kpti...that name looks like some bozo couldn't spell cairo...
[12:06] {dino} lol
01[12:07] {&Threei}  lol
01[12:08] {&Threei}  1:1
[12:10] {dino} kpti smr s .75
01[12:13] {&Threei}  1:2
01[12:13] {&Threei}  nailed CAT top after all
06[12:14] * Les slaps Threei around a bit with a large trout
[12:14] {Les} almost gave me a heart attack
01[12:14] {&Threei}  we had one stop, and this trade erased even that
01[12:14] {&Threei}  why?
[12:14] {Les} Vad trying to pick tops...
01[12:14] {&Threei}  I thought it was quite smooth trade
[12:14] {Les} yeh just lack of blow off top
01[12:14] {&Threei}  never made us nervous
[12:15] {Les} oh c'mon just messin with ya
01[12:15] {&Threei}  well, 111 Trades reversal section contains other types of reversals as well
[12:15] {Les} smile for damns sake will ya
01[12:15] {&Threei}  1:3
01[12:15] {&Threei}  over and out
01[12:15] {&Threei}  I never smile while in trade
[12:15] {nemo} mid .60s a good possibility
[12:15] {Les} quiarter off .75 holding last piece
[12:15] {Les} SHOW ME THE MONEY!!!!!!!
[12:16] {nemo} need stop above 93 les
[12:16] {Les} can do
01[12:20] {&Threei}  A new study found that caffeine could strengthen your memory up to 24 hours after consumption.
01[12:20] {&Threei}  so what are those who forget to drink coffee to do?
[12:20] {Les} frikin don't work for me?
[12:20] {Les} - ?
[12:21] {nemo} I think my alcohol consumption overwhelms it though
01[12:21] {&Threei}  alcohol is different nemo
[12:21] {nemo} right, and then just associating with Les, even electronically, is a detriment
01[12:21] {&Threei}  it doesn't help you find answers
01[12:21] {&Threei}  it helps you forget questions
[12:21] {nemo} no, peyote and psyllocibin does
[12:32] {nemo} bring your stop down Les?
[12:37] {Les} yeh u can see where it is
[12:38] {Les} c'mon
[12:38] {Les} not THAT DUMB
[12:38] {Les} or do u still refuse to give credit?
[12:39] {nemo} I asked a simple question, some people would bring it down, however in the lunchtime environment jamming that stop would be relatively easier, thus some would have left it where it was
01[12:39] {&Threei}  nice CAT
01[12:39] {&Threei}  1:5
01[12:39] {&Threei}  that was very precise top hunt
[12:40] {Les} nah woulda taken a recross of .80
[12:41] {Les} cover CAT .52
[12:41] {Les} close enough to 1:6
[12:41] {nemo} vwap
[12:41] {Les} and my target
[12:41] {nemo} should get natural bounce at .50ish though
[12:42] {Les} yeh wasn't gonna wait for .30
[12:42] {Les} +.57 decent hit... been a while
01[12:42] {&Threei}  wtg
[12:42] {nemo} would set stop for above .70
[12:45] {dino} viix to .23, all dayer
[12:46] {nemo} cat bounce by .30
[12:47] {nemo} support below around .15
[12:47] {dino} lea drop
[12:50] {dino} out viix .21, +.31
[12:53] {thomcbell} oh vad i stepped away on cat 
01[12:53] {&Threei}  argh
[12:53] {thomcbell} i thought it was the last run up there above 93
[12:55] {dino} cov kpti .50, +.25
[12:58] {thomcbell} splk has a nice cup in process with 76.10 entry
[13:08] {dino} nxst drop
[13:10] {dino} smr l .43
[13:10] {nemo} 42.54 support
[13:15] {thomcbell} ssys and ddd have strength here
[13:15] {thomcbell} impressive
[13:15] {nemo} glamour stocks in a bull market
[13:16] {thomcbell} ddd 89.90 long break hl
[13:19] {dino} stopped .11, -.32
[13:20] {thomcbell} nope ddd
[13:21] {nemo} kinda wrong time for breakout 
[13:21] {thomcbell} indeed
[13:25] {Les} sm. iwm short .95 holding .00
[13:28] {Les} http://www.youtube.com/watch?v=3a7cHPy04s8
[13:36] {Les} goddamn you Maverick
[13:59] {Les} RIG death, BP too
01[13:59] {&Threei}  *(US) FEDERAL RESERVE BEIGE BOOK: ECONOMY EXPANDED AT A MODERATE PACE IN MOST REGIONS
[13:59] {nemo} water is wet
01[13:59] {&Threei}  uhhu
[14:07] {nemo} mpc looks two-way
[14:10] {Les} VEEV might have found resistance here. I had no luck at VWAP
[14:10] {Les} skinny, me no like
[14:18] {Les} didn't need diaper for VEEV, but a better padded account inthe future. first obvious resistance didn't stick. 2nd entry level worked without me
[14:18] {Les} something for the future
[14:18] {dino} thinny smr s kpti .18
[14:23] {Les} VEEV looks positively obese next to KPTI Dino...
01[14:23] {&Threei}  lol
[14:23] {dino} lol
[14:23] {Les} I redefine my opinion of a skinny
[14:30] {dino} cov kpti .71, +.48
[14:31] {dino} damn, dropped another .40
[14:31] {thomcbell} talk tomorrow fellas
[14:31] {Les} nice one
01[14:32] {&Threei}  take care tbell
[14:32] {dino} ty
[14:39] {dino} how did i miss veev?
[14:40] {nemo} to much joie?
[14:40] {Les} cause I mentioned it?
[14:41] {dino} kpti distracted me, but sheesh
[14:42] {dino} nxst huge rinse on me
[14:42] {RonS} kndi must be free...
[14:42] {dino} 4 of 6, so not complaining. thats my .666 ratio
[14:43] {nemo} mmhhhhhh
[14:43] {RonS} devilish...
[14:43] {dino} beastly
[14:43] {dino} dpz spike
[14:58] {Les} VEEV straight into S3 for the rebound. gotta love the levels
01[15:06] {&Threei} Long Setup:  FB  .80 break
01[15:06] {&Threei}  If holds  .70 
01[15:13] {&Threei}  Invalidated  
01[15:18] {&Threei} Short Setup: VLO  .65 break hl
01[15:18] {&Threei}  If holds  .75 
01[15:24] {&Threei}  held by fingetips
01[15:33] {&Threei}  meh
[15:39] {goinshort} how about CAT for a short
01[15:40] {&Threei}  ugh, .45 break was valid setup
[15:40] {dino} calling it a day, dino afk, gn
[15:40] {Les} cheers man
01[15:40] {&Threei}  let's see if gives an entry
01[15:40] {&Threei}  take care dino
[15:40] {dino} you too, thx
[15:41] {Les} not playing anymore. market has unfinished issues overhead a domani
01[15:44] {&Threei}  good spot gs
01[15:48] {&Threei}  ok guys, thank you, have a good evening
01[15:49] {&Threei}  see you tomorrow
[15:49] {goinshort} Thanks V !!
01[15:49] {&Threei}  :)