Apr 1 2014

Slowish day, with 3 larger wins (C, GM, WMT)  a a few small stops. Positive mostly thanks to a 1:3er on GM in the afternoon. DAL becomes quite a good trader lately


Session Time: Tue Apr 01 00:00:00 2014

[09:06] {dino} gm, spring must be here, i need my visor on this a.m, sun in my eyes
01[09:06] {@Threei}  morning dino
01[09:07] {@Threei}  still dark here
01[09:07] {@Threei}  Russia warned Ukraine against integration with NATO on Tuesday, saying Kiev's previous attempts to move closer to the defence alliance had had unwelcome consequences.
01[09:07] {@Threei}  no kidding
[09:16] {RonS} hello everyone
01[09:16] {@Threei}  Ron :)
[09:17] {dptl} good morning
[09:17] {thomcbell} gm
01[09:17] {@Threei}  dp, thom :)
[09:20] {ese} morning.....
01[09:20] {@Threei}  ese :)
[09:20] {ese} mornin vad
[09:24] {dino} as jesse livermore would say, "when you get lucky, take it". out data 78.08 leftover shares from yesterday, +1.78
01[09:25] {@Threei}  wtg
[09:25] {thomcbell} vrnt is up 4.5% after earnings
[09:25] {thomcbell} these guys could catch a bid
01[09:31] {@Threei} Short Setup: GM  .80 break
01[09:31] {@Threei}  If holds  .90
01[09:33] {@Threei}  trail to .86
01[09:33] {@Threei}  meh
01[09:35] {@Threei} Short Setup: C  .70 break
01[09:35] {@Threei}  If holds  .80
01[09:35] {@Threei}  GM rinse
01[09:37] {@Threei}  Invalidated
[09:38] {thomcbell} aal great chart
[09:38] {thomcbell} looking for a setup long
[09:38] {thomcbell} too erratic
01[09:39] {@Threei} Long Setup:  TZA  .37 break
01[09:39] {@Threei}  If holds  .33
01[09:40] {@Threei}  valid
01[09:41] {@Threei}  Invalidated
[09:41] {nemo} market probably erratic until numbers
[09:43] {dino} markets leaving behind couple gaps down
[09:44] {nemo} Yellen put in place
[09:44] {thomcbell} wow aal
[09:44] {thomcbell} took off
01[09:44] {@Threei} Long Setup:  C  .80 break
01[09:46] {@Threei}  If holds  .75
01[09:48] {@Threei}  IWM non-stop
01[09:49] {@Threei}  1:1
01[09:56] {@Threei}  1/4 more out
01[09:56] {@Threei}  stop .89
01[09:56] {@Threei}  1:2
[09:56] {dptl} out .99 ty
01[09:56] {@Threei}  yw
01[09:57] {@Threei}  stop to .94
[09:58] {dino} gj
01[09:58] {@Threei}  out in full
01[09:58] {@Threei}  too close to numbers
01[09:58] {@Threei}  and to 1:3
01[09:58] {@Threei}  ty
01[09:59] {@Threei}  slowish but smooth trade
01[09:59] {@Threei}  *(US) FEB CONSTRUCTION SPENDING M/M: 0.1% V 0.0%E
[09:59] {dino} these gap higher opens are not my thing
01[09:59] {@Threei}  *(US) APR IBD/TIPP ECONOMIC OPTIMISM: 48.0 V 46.0E
01[10:00] {@Threei}  *(US) MAR ISM MANUFACTURING: 53.7 V 54.0E; ISM PRICES PAID: 59.0 V 59.5E
01[10:00] {@Threei}  to be fair, they are nobody's thing, dino :)
01[10:00] {@Threei}  except 401K holders
[10:01] {thomcbell} aal trades a lot of volume everyday
01[10:09] {@Threei}  ok... this relentless climb has to end somewhere
[10:10] {nemo} mutual fund day we'll nap soon
01[10:10] {@Threei} Long Setup:  TZA  .15 break
01[10:10] {@Threei}  If holds  .10
[10:16] {ese} L plug
[10:16] {ese} .25
01[10:17] {@Threei}  (US) S&P 500 approaches all time high near 1883.50
[10:17] {ese} yup
01[10:19] {@Threei}  President Obama to give a statement on Obamacare at 4:15 pm ET in the Rose Garden
01[10:19] {@Threei}  victory lap?
[10:25] {dino} sheesh, we just going to sit all day like yesterday?
01[10:25] {@Threei}  god, I hope not
[10:25] {dino} ditto
[10:25] {nemo} well, you could always go spend time with your wife
[10:25] {dino} joined you on tza
[10:26] {dino} she's working nemo
01[10:26] {@Threei}  with 5 cents stop, as good pastime as any :)
[10:26] {dino} somebody has to
[10:26] {nemo} we're so close to all time highs, and monthly mutual fund money enters on the closing print today
01[10:26] {@Threei}  so we should see intraday pullback then
[10:28] {ese} don't know bout you all but PLUG is working fine for me
01[10:28] {@Threei}  SPY 188 loss would help us immenselly
01[10:28] {@Threei}  meh
01[10:31] {@Threei} Long Setup:  CAT  .95 break hl
01[10:31] {@Threei}  If holds  .85
[10:38] {ese} hmmmmmmmm interesting article.....KGB(now FSB) favorite method of elimination these days is poison..CBC News: 01,2014 5:00amThe mystery of Irwin Cotler's poisoning in Russia Canadian MP's strange and sudden illness was never investigated
01[10:39] {@Threei}  has been for many years already
[10:39] {ese} appears so
[10:40] {thomcbell} spwr looking long here
01[10:40] {@Threei}  famous spy pollonium poisoning in London
[10:40] {ese} tried to poison a former Ukrainian president in 2004
01[10:40] {@Threei}  yup
[10:40] {ese} ya remember that
01[10:41] {@Threei}  what was it Bush said? Looked in Putin's eyes and saw a soul?
[10:41] {ese} Dioxin.....the stuff backfired but it disfigured him
[10:41] {ese} idiot
[10:41] {cosmo} how about heart attacks?
01[10:41] {@Threei}  no more than Obama
[10:41] {cosmo} they gota be up there
[10:41] {ese} ya get that from being on this board
[10:42] {cosmo} :)
[10:42] {cosmo} i know the feeling
01[10:42] {@Threei}  at least unlike Obama, Bush never confused diplomatic niceties for reality
[10:43] {cosmo} he should said he saw his spirit
[10:44] {dino} bush gets blamed for everything
01[10:44] {@Threei}  haven't you heard? Crimea is his fault
01[10:45] {@Threei}  CAT stop to .89
01[10:45] {@Threei}  1 cent from 1:1
01[10:51] {@Threei}  frikin TZA works now
[10:56] {dino} still in
[10:56] {dino} market thoughts nemo?
[10:58] {nemo} I'm skittish about the mutual fund stuff today...having said that, watch finnies and spy when they get back to vwap, if they can't get above, then we might retrace further...Qs so frickin' strong today, and finnies so weak...crosscurrents
[10:58] {dino} thx, moving stop to .22
[11:02] {thomcbell} aal 37.50 long break if holding 37.40
01[11:03] {@Threei}  gj dino
[11:03] {thomcbell} cancelling that one - AAL
[11:06] {dino} prsc
[11:06] {dino} ty
[11:07] {dino} out tza .25, +.09
01[11:08] {@Threei}  better than my -.06
[11:09] {dino} .04 was stop, got lucky
01[11:09] {@Threei} Long Setup:  WMT  .75 break
01[11:09] {@Threei}  If holds  .65
01[11:10] {@Threei}  (US) All cars are to have rear-view cameras by 2018
[11:10] {dino} smr s prsc .71 risky
[11:14] {dino} cov prsc 35.71, +1.00
01[11:15] {@Threei} Short Setup: CAT  .80 break hl
01[11:15] {@Threei}  If holds  .90
[11:17] {thomcbell} ko 38.61 short break if holding 38.70
01[11:27] {@Threei}  CAT to .86
01[11:28] {@Threei}  HLF Ticks lower on circulation of another China press article that discusses its MLM structure
01[11:30] {@Threei}  WMT to .69
01[11:33] {@Threei}  1/2 meh CAT
[11:37] {dino} prsc ranging 35.50-36.70
01[11:40] {@Threei}  1:1  WMT
[11:40] {thomcbell} im cleaning up ko flat here
[11:40] {thomcbell} not a mover
[11:43] {ese} cmon......lets get a move on here PLUG nickel
01[11:44] {@Threei} Long Setup:  IWM  .25 break hl
01[11:44] {@Threei}  If holds  .15
01[11:48] {@Threei}  1:2  WMT
01[11:48] {@Threei}  with patience, some of them work
01[11:48] {@Threei}  but heck... that's a lot of patience required, LOL
[11:49] {nemo} iwm spy finnies rejecting vwap
[11:52] {thomcbell} dal 35.31 long break
01[11:56] {@Threei}  give us 1:3 WMT
01[11:56] {@Threei}  as a blue light special
01[11:58] {@Threei}  stop to .99
01[12:00] {@Threei}  out
01[12:00] {@Threei}  1:2.5
01[12:01] {@Threei}  nice one DAL, thom
[12:03] {thomcbell} tu
[12:06] {thomcbell} 1:1 finally
[12:19] {dino} gj
[12:20] {ese} gotta go out plug .44 +.19  cya tomorow
01[12:23] {@Threei}  take care ese
[12:23] {dino} gj
[12:24] {thomcbell} taking the dal trader
[12:25] {thomcbell} trade
[12:30] {RonS} ha!  Colorado town considers letting residents shoot at drones: http://bloom.bg/1mvGOUW
01[12:31] {@Threei}  are amazon drones included?
[12:33] {thomcbell} thats awesome
[12:33] {thomcbell} truly
[12:40] {cosmo} it has to during drone season though
[12:40] {cosmo} has to be...
01[12:41] {@Threei}  are they hyperactive at certain time of year?
[12:41] {cosmo} you don't want them to breed...
01[12:42] {@Threei}  right
[12:59] {dino} prsc back to hod
[13:11] {RonS} htgc gone pulp
[13:24] {dino} axe drop
[13:27] {dino} news? can't find anything
[13:28] {RonS} hearing axe buyer balking over price...
01[13:28] {@Threei}  AXE Moves lower on report sales process has stalled out
[13:28] {dino} hmmm
01[13:32] {@Threei}  (US) House Democrat Leader Pelosi (D-CA): President Obama will announce later today that Obamacare has reached 7M enrollments
[13:46] {nathan} HI GENTS
01[13:47] {@Threei}  hey nathan
[13:47] {dino} hey nat
[13:52] {RonS} 1.  how many are paid?  2.  how many had insurance before?
01[13:53] {@Threei}  come on ron... all you need is faith
01[13:57] {@Threei} Long Setup:  DAL  .55 break
01[13:57] {@Threei}  General Motors Corp CEO plans press conference for 16:00ET, following House Commerce Panel hearing at 14:00ET
[13:57] {dptl} yhoo .50 long?
01[13:58] {@Threei}  yes but let's limit it to hl
01[13:58] {@Threei}  time of the day
01[14:05] {@Threei}  OK things... break out
[14:07] {nathan} in
01[14:16] {@Threei}  if DAL continues moving with this blazing speed it risks blisters on its skin
01[14:18] {@Threei}  I mean, just 8 min, and we are already up 4, yes FOUR cents!
[14:18] {nathan} :-)
01[14:18] {@Threei}  10 min
01[14:18] {@Threei}  but still
01[14:19] {@Threei}  anyway... that's faster than Russian troops withdrawal from Ukraine border
01[14:19] {@Threei}  and much faster than fixing Obamacare website
[14:21] {nathan} what happened with the site?
[14:21] {nathan} hacked?
01[14:21] {@Threei}  no... just built by 14 years old, since they were too cheap to hire 16 years old
[14:22] {thomcbell} aal looks like a 38.14 long break here
[14:22] {nathan} what a shame!
[14:22] {dino} axe smr l .63
[14:23] {nathan} dino what does smr means?
01[14:24] {@Threei}  1:1  DAL
[14:24] {nathan} 1:1 DAL
[14:24] {nathan} thanks Vad
01[14:24] {@Threei}  yw
[14:32] {dino} out axe .13, +.50
01[14:34] {@Threei}  wtg
[14:34] {dino} ty
[14:34] {nathan} gj
[14:38] {RonS} lqdt sm l .90
[14:43] {dino} i'll join ya ron
[14:43] {RonS} out flat seeing too much supply lqdt
[14:43] {dino} just bought your shares
[14:43] {RonS} lol...did you see that nathan axed you a question?
[14:44] {nathan} he just ignored me
01[14:44] {@Threei} Long Setup:  GM  .50 break
[14:44] {nathan} lol
01[14:44] {@Threei}  If holds  .45
[14:45] {dino} no
[14:46] {dino} nathan, smr smaller shares = 300
[14:46] {nathan} many thanks!
[14:46] {dino} lqdt stop -.33
[14:50] {dptl} have to go...see ya tomorrow all
01[14:51] {@Threei}  take care dp
[14:51] {dino} cya dp
01[14:58] {@Threei}  wow DAL
[14:59] {nathan} what a pity not to keep some shares
01[15:00] {@Threei}  GM baby
[15:00] {nathan} wwowww
01[15:00] {@Threei}  1:2
[15:00] {nathan} you did that?
01[15:00] {@Threei}  1:3
01[15:01] {@Threei}  happily out
[15:01] {nathan} me too
[15:01] {nathan} thanks
01[15:01] {@Threei}  yw
[15:01] {nathan} happy ending
[15:01] {nathan} nice spike
01[15:01] {@Threei}  GM Reports March US sales +4% y/y to 256K units v 247Ke
[15:02] {nathan} well gents, have  a good night
[15:02] {nathan} dinner is waiting on the table
[15:02] {dino} gn
01[15:02] {@Threei}  you too
01[15:03] {@Threei}  so... nathan had a happy ending, then dinner??
01[15:03] {@Threei}  those europenas are weird...
[15:03] {dino} yeh, should be other way around
[15:03] {dino} lqdt smr l .40
[15:21] {dino} lqdt stop
[15:23] {dino} ron, lqdt a bit messed up
[15:23] {RonS} no kidding
[15:24] {RonS} strange, very few blocks
[15:25] {dino} no news
[15:25] {dino} be watching it tomorrow
[15:28] {dino} gap around 21.34
01[15:38] {@Threei} Short Setup: DAL  .70 break
01[15:38] {@Threei}  If holds  .75
01[15:45] {@Threei}  meh
[15:53] {dino} calling it a day, thx all, decent one
01[15:55] {@Threei}  thank you all, have a good evening
01[15:56] {@Threei}  see you tomorrow

March 31 2014

Profitable day thanks to couple 1:3ers, a few 1:2 and scalps. Afternoon still requires a lot of patience as action stops.


Session Time: Mon Mar 31 00:00:00 2014
[08:37] {dino} gm
01[08:49] {@Threei}  morning dino
01[09:17] {@Threei}  https://fbcdn-sphotos-h-a.akamaihd.net/hphotos-ak-frc1/t1.0-9/10155291_10152300622500729_1527001435_n.jpg
[09:23] {RonS} gm...hehe
01[09:23] {@Threei}  Ron :)
[09:28] {ese} morning
01[09:29] {@Threei}  ese :)
01[09:30] {@Threei} Long Setup:  YHOO  .40 break hl
01[09:31] {@Threei}  If holds  .30
01[09:33] {@Threei}  stop .34
01[09:34] {@Threei} Long Setup:  C  .65 break
01[09:34] {@Threei}  If holds  .55
01[09:35] {@Threei}  1:1
01[09:37] {@Threei}  1:2
01[09:39] {@Threei} Long Setup:  EBAY  .70 break hl
01[09:39] {@Threei}  If holds  .60
01[09:39] {@Threei}  last piece C closed
01[09:40] {@Threei}  meh EBAY
01[09:43] {@Threei} Long Setup:  WMT  .40 break
01[09:44] {@Threei}  If holds  .30
01[09:44] {@Threei}  *(US) MAR CHICAGO PURCHASING MANAGER: 55.9 V 59.8E
01[09:45] {@Threei}  1:1
01[09:46] {@Threei} Short Setup: GM  .05 break
01[09:47] {@Threei}  If holds  .15
[09:49] {thomcbell} vxx 43.10 long break if holding 43
01[09:49] {@Threei}  1:1
[09:49] {nemo} Yellen speaking in 5 then Dallas Fed 10:30
01[09:51] {@Threei}  1:2  WMT
[09:51] {thomcbell} vxx cancelled obviously
01[09:52] {@Threei}  1:3
01[09:52] {@Threei}  out
[09:52] {fish_49} gj
01[09:55] {@Threei} Short Setup: C  .65 break
01[09:55] {@Threei}  If holds  .70
01[09:59] {@Threei}  meh
[09:59] {fish_49} C sucks
01[10:02] {@Threei} Short Setup: EBAY  .90 break hl
01[10:02] {@Threei}  If holds  56
[10:03] {nemo} algo all green
[10:04] {ese} L pten .40
01[10:06] {@Threei}  Invalidated
[10:07] {fish_49} 3 mion chart on that very bullish
[10:07] {fish_49} we have light Volume on this push today  hmmmm
[10:07] {fish_49} DAL nice move
01[10:08] {@Threei} Long Setup:  TZA  16 break
01[10:08] {@Threei}  If holds  .90
[10:12] {thomcbell} cavm 43 short break if holding 43.10
01[10:16] {@Threei}  let's trail to .94
01[10:18] {@Threei}  1:1
[10:20] {thomcbell} cavm 1:1
[10:22] {ese} been watchin DAL as well...bodes well for breaking above 35
[10:22] {thomcbell} cleaning up cavm - too thin
[10:25] {fish_49} out TZA on the trail  ty
[10:30] {dino} dal smr s .65
[10:36] {ese} pten even....so far a waste of my money and time
[10:37] {dino} dal bs to .46
[10:40] {dino} cov dal .44, +.21
[10:40] {RonS} gj
[10:40] {dino} ty
[10:40] {fish_49} out DAL also  thanks Dino got .21
01[10:43] {@Threei} Long Setup:  GM  .25 break
01[10:43] {@Threei}  If holds  .18
[10:44] {dino} thin, smr l geos .38
[10:44] {dino} gj fish
[10:47] {ese} yeoh......fishy!!!!! good job
[10:47] {fish_49} ty
[10:48] {ese} out pten .52 +.12 am takin my 120 bucks and am outta there
[10:48] {dino} gj
01[10:50] {@Threei}  1:1
[10:50] {fish_49} took a few tries  to hit 1:1  they partialed me
01[10:52] {@Threei}  they like partial people, don't they
[10:59] {fish_49} trailing GM to .33 or playing by the book?
01[10:59] {@Threei}  .29 makes sense
01[10:59] {@Threei}  .33 is way too tight
[11:06] {fish_49} out on trail
[11:07] {fish_49} TY
01[11:07] {@Threei}  yw
01[11:11] {@Threei} Long Setup:  IWM  .85 break
01[11:11] {@Threei}  If holds  .75
[11:16] {thomcbell} exas 13.78 long break if holding 13.68
[11:19] {thomcbell} exas 1:1
[11:21] {dino} geos stop .02
[11:25] {fish_49} nice pullback on the SPY
[11:25] {dino} data smr l .30 ave
[11:36] {dino} slow out there today
01[11:37] {@Threei}  new portion of snow for winnipeg
01[11:37] {@Threei}  this is beyond brutal
[11:37] {cosmo} miss it?
01[11:38] {@Threei}  let me think about it
01[11:38] {@Threei}  OK I thought about it
01[11:38] {@Threei}  not in the least
[11:38] {cosmo} got it
01[11:42] {@Threei} Long Setup:  VXX  .90 break
01[11:42] {@Threei}  If holds  .85
[11:46] {fish_49} still Valid?  I was away
01[11:46] {@Threei}  yes
01[11:47] {@Threei}  no
01[11:49] {@Threei}  http://www.eaglewingtours.com/galleries/eagle-wing-tours-seal-camera/
01[11:51] {@Threei}  watching IWM for pullback entry
01[12:01] {@Threei} Long Setup:  IWM  116 break
01[12:01] {@Threei}  If holds  .90
01[12:02] {@Threei}  1:1
[12:02] {cosmo} rocket
01[12:02] {@Threei}  1:2
01[12:05] {@Threei}  1:3
[12:07] {thomcbell} i took the trade exas if anyone followed
01[12:09] {@Threei}  1:4
01[12:09] {@Threei}  out
[12:10] {dino} gj
01[12:10] {@Threei}  ty
01[12:10] {@Threei} Long Setup:  VXX  .75 break
01[12:10] {@Threei}  If holds  .70
[12:13] {thomcbell} that was a nice one vad
[12:14] {thomcbell} nice immediate spike thru the level
01[12:14] {@Threei}  :)
[12:18] {fish_49} anyone ever get a call from a number 585-633-1814 some guy with indian accent claiming to be the IRS?
[12:18] {fish_49} He is very upset and wants me or my lawyer to call him back right away  lol
[12:19] {nemo} sure he's not Pakistani and with the ISI?
[12:19] {fish_49} perhaps
[12:19] {fish_49} lol
01[12:19] {@Threei}  http://800notes.com/Phone.aspx/1-585-633-1814
[12:20] {fish_49} yea actually he asked for my wife
[12:20] {fish_49} nobody ever pronounces her name correctly but he did.
[12:20] {fish_49} scary
[12:20] {fish_49} lol
[12:22] {fish_49} getting ready to log out.  I'm gonna be away for a few weeks getting the house ready for market.  See you guys in May  Happy Trading.....Cheers
[12:22] {dino} take care fish
01[12:23] {@Threei}  take care fish
01[12:24] {@Threei}  WASHINGTON — The Internal Revenue Service today warned consumers about a sophisticated phone scam targeting taxpayers, including recent immigrants, throughout the country.
01[12:24] {@Threei}  Victims are told they owe money to the IRS and it must be paid promptly through a pre-loaded debit card or wire transfer. If the victim refuses to cooperate, they are then threatened with arrest, deportation or suspension of a business or driver’s license. In many cases, the caller becomes hostile and insulting.
01[12:30] {@Threei} Short Setup: CAT  .75 break hl
01[12:31] {@Threei}  If holds  .85
[12:39] {dino} tza l .57
01[12:40] {@Threei}  1:1
01[12:45] {@Threei}  1:2
01[12:52] {@Threei}  so... new internet meme in russia
01[12:53] {@Threei}  aged black and white photo of tanks on Prague streets,
01[12:53] {@Threei}  caption says:
01[12:53] {@Threei}  Our grandfathers knew how to enter EU. It's time we remember their lessons.
[13:04] {thomcbell} wow jks straight down for $1.30 over a few hours
[13:05] {thomcbell} looking doublish bottom here
01[13:11] {@Threei}  closed last piece CAT
[13:12] {nemo} mmmhhh..could take that the wrong way
01[13:12] {@Threei}  lol
[13:13] {nemo} can't tell if the indexes are a short, or they'll just tread along this way for the afternoon
01[13:15] {@Threei}  .10 break should push SPY down
01[13:15] {@Threei} Long Setup:  VXX  .60 break
01[13:15] {@Threei}  If holds  .55
[13:15] {dino} end of quarter nemo, they may hold them up
[13:16] {nemo} yeah, plus look at the daily's on the indexes...that would make sense too
01[13:23] {@Threei}  interesting
01[13:23] {@Threei}  SPY drops a bit, as told... VXX is not moving
[13:29] {dino} panw hl l .98
[13:37] {nemo} almost makes sense, hasn't hit a fear level
[13:46] {thomcbell} wow exas setup of 13.79 break really worked
[13:50] {dino} panw stop .62 -.36
01[13:51] {@Threei}  CXX worked after all
01[13:52] {@Threei}  VXX
[13:53] {dino} this is the deadest day in awhile
[13:53] {dino} panw rinsed
[13:58] {nathan} hi gents!
01[13:58] {@Threei}  hey nathan
[13:59] {nathan} did u have a good morning?
01[13:59] {@Threei}  not bad
01[13:59] {@Threei}  couple 1:3ers
[14:00] {nathan} good one morning so
01[14:01] {@Threei} Long Setup:  IWM  .35 break
01[14:01] {@Threei}  If holds  .25
[14:02] {dino} out tza .63, +.06
01[14:04] {@Threei}  change to .30 break
01[14:04] {@Threei}  If holds  .20
01[14:07] {@Threei}  1:1
[14:14] {nathan} is the markt taking a nap?
[14:14] {nemo} Das Markt schlaeft
01[14:15] {@Threei}  as became customary over last week, afternoons are inactive
[14:15] {nathan} nemo the polyglot
[14:16] {nemo} hardly  English and German, a smattering of Italian and Spanish, and a few Russian swear words
[14:17] {nathan} PG spike dino
[14:17] {nemo} a little Japanese too
[14:17] {nathan} really? where did u learn that?
[14:18] {nemo} I used to hang around with some Okinawans
01[14:19] {@Threei}  1:2
01[14:20] {@Threei}  closed last 1/4 on trail
01[14:21] {@Threei}  nathan... this one was for you personally
[14:21] {nathan} thanks very much!
01[14:21] {@Threei}  yw
01[14:22] {@Threei}  Wolfgang Schaeuble told a school group visiting his ministry Monday that Putin's contention Russian nationals were at risk in Crimea was like Hitler's claim ethnic Germans were being discriminated against in the Sudetenland region of Czechoslovakia before Germany annexed it in 1938, the dpa news agency reported.
[14:22] {nathan} i won't save the month but i appricate a lot ;-)
01[14:22] {@Threei}  a man knows his history facts
[14:25] {nemo} vxx
[14:25] {nemo} .58 level
[14:34] {nathan} 1:1 PG
[15:01] {dino} panw hl l .52
[15:05] {nathan} well gents have a good evening
[15:05] {nathan} hope to see u tomorrow
[15:05] {dino} gn nat
01[15:05] {@Threei}  take care nathan
01[15:10] {@Threei}  so... closing up, down or staying put
[15:11] {dino} put
[15:11] {dino} been stuck in tight range all day
01[15:11] {@Threei}  yeah... difficult to count on some kind of resiolution
01[15:11] {@Threei}  let alone figure out the direction
01[15:17] {@Threei} Long Setup:  CAT  .60 break
01[15:17] {@Threei}  If holds  .50
[15:19] {dino} hart spike
[15:29] {nemo} vxx
01[15:33] {@Threei}  so far, staying put
[15:33] {nemo} yeah
[15:33] {nemo} this EOQ mutual fund tuesday probably means markets stay up until Wednesday anyway
[15:35] {dino} hart smr s .11
[15:36] {dino} well that sucked
[15:36] {dino} bs is .31
01[15:36] {@Threei}  spike into last 30 min
01[15:36] {@Threei}  move your butt CAT
[15:36] {nemo} EOQ window dressing
[15:36] {dino} yes
[15:40] {nemo} spy volume 72 million shares...not impressive
01[15:44] {@Threei}  nah
[15:45] {goinshort} that cat looked long
01[15:45] {@Threei}  it really did
01[15:45] {@Threei}  this sudden SPY drop stopped it in its tracks
[15:45] {dino} out panw .65, +.13
[15:49] {goinshort} cya tomorrow!
01[15:50] {@Threei}  thank you all, have a good evening
01[15:50] {@Threei}  see you tomorrow
[15:50] {dino} hart cov/stop .20 -.09
[15:51] {dino} calling it a day, unfortunately slightly neg.

Market Week Wrap-up

TradeTheNews.com  Weekly Market Update: March Goes Out Like a Lamb

- Global markets diverged this week as investors concentrated on vertical phenomena rather than cross-market influences. In Asia, the prospect of stimulus to support Abenomics and the slowing Chinese market sent Hong Kong and Japan equities broadly higher, although Shanghai was flat. In Europe, another round of decent economic reports reinforced hopes the continent was starting to pull itself out of the hole, epitomized by France's preliminary March PMI manufacturing data, which moved into expansion for the first time in more than two years. In the US, the S&P500 and DJIA traded sideways as traders continued to reposition after Yellen rearranged assumptions last week. The Conference Board's March Consumer Confidence survey unexpectedly jumped to 82.3 from February's upwardly-revised 78.3 reading, marking the highest level since January 2008. The advance durable goods report for February was mixed but on balance somewhat weaker than expected, showing the persistent impact of weather issues. Meanwhile the Nasdaq had its worst week since October 2012, dropping 2.8%, as many high-flying tech stocks saw stiff losses.

- The Federal Reserve released the second component - capital plan reviews - of its Comprehensive Capital Analysis and Review (CCAR) this week. Twenty five of thirty large bank capital plans were approved. The Fed objected to capital plans from Citigroup, HSBC North America, RBS Citizens, Santander Holdings USA and Zions. Note that three of these are US branches of European banks, while Zions failed the earlier stress test. Citigroup shares took the biggest hit after the Fed rejected its request for a $6.4 billion stock buyback program and an increase of the quarterly dividend to $0.05. Bank of America and Goldman Sachs were forced to adjust their initial capital plan submissions to gain approval.

- Facebook announced another big acquisition, paying $2 billion in cash and stock for virtual reality gaming technology company Oculus VR. The company's immersive virtual reality technology headset, the Oculus Rift, has been lauded as a major breakthrough by the tech press. Facebook CEO Zuckerberg explained that he is looking ahead of Mobile to the next major computing platform interface, noting Oculus can be used as more than just platform for gaming, potentially becoming the "most social platform ever."

- Popular "momentum stocks" cratered this week in unison. Stocks of Facebook and Twitter tracked each other through the week, with the two names down more than 12% on the week by Thursday morning, although they retook some losses into the end of the week. Netflix gave up 12% on the week. Biotechs that set off the Nasdaq tumble last Friday saw additional losses this week, with Biogen leading the way down.

IPOs showed signs of oversaturation for the second straight week. King Digital Entertainment, the designer of the highly addictive Candy Crush mobile videogame, launched its IPO on the NYSE this week, opening for trading at 10% below the IPO price. Shares lost another 10% of their value through the end of the week, as investors worried the company is a one-hit-wonder.

- US Treasury markets spent the week consolidating after the post-FOMC recalibration. The long bond was the best performer with the yield briefly dipping back below 3.5% on Thursday. For the week the 10-year has traded up modestly, putting the benchmark rate back toward 2.7%. In the belly, yields barely budged after the recent cheapening helped demand easily gobble up this week's new supply in 5- and 7-year paper. Despite a raft of Fed speak emphasizing that last week's commentary did not signal any change to policy, 2015 fed fund futures contracts were little changed and continue to project the rate will rise by at least 50 basis points beginning sometime next summer.

- EUR/USD continued to back away from the ominous 1.40 area, helped along by plenty of verbal intervention. ECB President Draghi put a new spin on his same old positions by saying the ECB's forward guidance implies short-term real rates will fall in the future. ECB's Liikanen said a negative deposit rate was no longer a "controversial subject." But perhaps the biggest verbal bomb came from the Bundesbank's Weidmann, who surprised many observers by seeming to reverse Germany's longstanding opposition to ECB QE by saying the bank might consider purchasing euro zone government bonds or top-rated private sector assets. The ECB meets next week and some analysts believe the bank needs to do something more than talk to show it's dealing with ever-sharpening disinflation.

- China's March flash manufacturing PMI slid to an eight-month low and saw its third consecutive month in contraction territory. The March reading could not be shrugged off as easily as weak February data that was blamed on seasonal distortions caused by the Lunar New Year. Asia markets moved higher on Monday in the wake of the data as it seemed to further cement the case for government stimulus, however later in the week respected former PBoC adviser Li Daokui cautioned that the State Council would probably not undertake more stimulus spending.

- After widening its currency trading band earlier this month, the PBoC kept markets guessing on the yuan this week. Early on, the central bank's yuan midpoint fixing was stronger, taking USD/CNY back below the key 6.20 level on Tuesday. However the midpoint was weaker in the back half of the week, reversing the some of the gains. USD/CNY closed out the week around 6.21.

- Starting April 1st with the beginning of the new fiscal year, Japan's sales tax will rise from 5% to 8%. The hike is part of Prime Minister Abe's broad reform program, specifically to help fulfil his promise to achieve a budget surplus by 2020. Data out on Friday suggested that Abenomics saw a mixed performance in February: nationwide inflation accelerated to 1.5% from 1.4% in January, however overall household spending saw a 2.5% decline, its first slip in six months. While the government clearly wants the central bank to take action to help cushion the blow to growth from the tax hike, there were reports this week that BoJ Governor Kuroda does not share its pessimistic sentiment as of yet. USD/JPY was pretty tepid until Friday, when the currency ramped up to close the week just shy of 103.

TradeTheNews

March 28 2014

Pretty much repeat of yesterday - very nice morning with 3 winning trades in first 30 minutes, then dead afternoon.


Session Time: Fri Mar 28 00:00:00 2014
[08:45] {dino} gm
01[08:48] {Threei}  morning dino
[08:57] {dino} gm 3i
[08:59] {ese} gm
01[08:59] {Threei}  ese :)
[09:00] {ese} Hey vad...........heard from your any friends back home
01[09:00] {Threei}  yes, talking to them regularly
[09:00] {ese} everything ok hopefully?
01[09:01] {Threei}  yes... but very disturbed by what's happening
[09:02] {ese} that would be an understatement ......can't imagine it.....would be like pre WW2 Nazi's
01[09:03] {Threei}  rather like pre-WW2 Chechs or Poles
[09:03] {ese} indeed
01[09:03] {Threei}  this is Sudethlands all over again
01[09:04] {Threei}  and the world is just as blind as back then
[09:04] {ese} exactly
[09:06] {RonS} gm...nemo proved he's really an old softie today...
[09:07] {ese} ?
[09:07] {RonS} ...tweeted this:  http://j.mp/1dzrFlo
01[09:07] {Threei}  ron :)
[09:08] {ese} wow...thats pretty awesome
01[09:13] {Threei}  ese, you had a chance to look at my new photography site?
01[09:15] {Threei}  got first orders for prints
[09:16] {RonS} sad day here...the 20-25' aspens in the front died...having them cut down...will change the complexion of the whole house...
01[09:16] {Threei}  wow... what happened?
[09:17] {RonS} end of life span...30 years...
01[09:17] {Threei}  didn't realize they were so short-lived
[09:18] {RonS} good news 3i, ya know, if and when you ever want to retire, you could go vagabond and sell framed prints in art shows around the US
01[09:18] {Threei}  uhhu
[09:19] {RonS} an aspen forest typically is a single organism that can last thousands of years springing new trees and having old ones die...quite fascinating really...
[09:20] {RonS} this is what exists in the CO mountains...
01[09:20] {Threei}  cool
[09:20] {nemo} Gaia philosophy writ smaller
01[09:21] {Threei}  is it english?
[09:22] {RonS} anyway, i have prints of the West hung in the house of Western scenery...purchased at those shows
[09:24] {ese} Hey vad......haven't had a chance to look at your new site......would assume it's awesome
01[09:24] {Threei}  convenience of today's ways to sell prints and canvas online is incredible
01[09:24] {Threei}  http://www.arrestinglight.com/, ese
[09:24] {RonS} so 3i, have you ever wondered why so many people choose to live where ther are no vistas?
01[09:25] {Threei}  you pick an image, a few clicks and it's on its way to you, print, or framed or stretched on cabvas
[09:25] {ese} Got this message.......Sorry, the page you were looking for cannot be found
[09:25] {RonS} true 3i, but many people have no imagination, and have to see it in the flesh...
01[09:25] {Threei}  http://www.arrestinglight.com/
01[09:25] {Threei}  vistas?
01[09:25] {Threei}  why vistas?
01[09:26] {Threei}  anyway, I'd guess because there is way more land without those? :)
[09:27] {ese} Ok....that was a wow.......the one of China town is really cool.....
01[09:27] {Threei}  ty
01[09:27] {Threei}  you just copied it with comma first time
[09:28] {ese} what are you doing this evening......my R&B band is doing a fundraising show at the Pacific Fleet Club and we need someone to take a promo picute of us for tours next year and some events this year
[09:29] {ese} picture
01[09:29] {Threei}  sorry... previous arrangements
[09:29] {ese} talk later....mrkt open
01[09:29] {Threei} Short Setup: C  .60 break
01[09:30] {Threei}  If holds  .70
01[09:31] {Threei}  change to .70 break
01[09:31] {Threei}  1:1
[09:32] {ese} out gtat hold from yesterday .86 +.40
01[09:34] {Threei}  1/4 more out
01[09:34] {Threei}  .53
[09:34] {dino} panw smr l .86 wide
01[09:35] {Threei}  out last part
[09:35] {RonS} 3i, since the Western US was settled first by the whiteman by the Spanish this is the most appropriate word:  http://www.vocabulary.com/dictionary/vista
01[09:36] {Threei}  ah, OK :)
01[09:36] {Threei}  wow C
[09:37] {dino} out panw .66, +.80
01[09:40] {Threei} Short Setup: YHOO  36 break
01[09:40] {Threei}  If holds  .10
[09:46] {RonS} took panw 67.85 ave out 68.65  +.80  thanks dino
[09:46] {dino} yw, gj
[09:48] {dino} panw smr l .55
[09:50] {RonS} wow, lost power, on battery backup...
[09:50] {dino} bummer
01[09:52] {Threei}  half out YHOO
01[09:52] {Threei}  .94
01[09:52] {Threei}  stop to .06
01[09:54] {Threei}  1:1
01[09:54] {Threei}  stop to .01
01[09:54] {Threei}  *(US) MAR FINAL UNIVERSITY OF MICHIGAN CONFIDENCE: 80.0 V 80.5E
01[09:55] {Threei}  out balance on a trail
[09:56] {fish_49} what was the trade?
01[09:56] {Threei}  YHOO short
01[09:57] {Threei} Long Setup:  C  .50 break
01[09:57] {Threei}  If holds  .40
01[09:59] {Threei}  1:1
[10:00] {fish_49} out 2nd half here  thanks
01[10:00] {Threei}  1:2
01[10:00] {Threei}  yw
01[10:00] {Threei}  3:3 in first 30 min
[10:01] {dino} out panw .25, +.70
01[10:01] {Threei}  since munky isn not here, I maybe can go home...? maybe?
[10:01] {fish_49} no  not just yet
[10:01] {fish_49} 5 for 5 with 3 of them being 1:3  then maybe
[10:02] {fish_49} do you trade at home or go to an office every day?
01[10:02] {Threei}  home of course
[10:02] {dino}  brb
[10:02] {nemo} yeah, they don't let him off the premises
01[10:02] {Threei}  morning traffic, waking up 1 h earlier... why would I do that to myself
[10:03] {nemo} escape from the wife?
[10:03] {fish_49} nemo is smarter than I realized
[10:04] {fish_49} [10:02] {Threei}  since munky isn not here, I maybe can go home...? maybe?   Are you asking to go home when your already home?  Who's home are you wanting to go to and does your wife know?
01[10:05] {Threei}  sigh... this is too intense for the friday
[10:06] {ese} spy above 186.06 resistance pivot
[10:07] {ese} R2
[10:07] {dino} panw all over the place
[10:07] {ese} D2.....yuk yuk
[10:08] {dino} wow bofi
01[10:08] {Threei} Long Setup:  VXX  .60 break hl
01[10:08] {Threei}  If holds  .50
[10:09] {dino} what do you see 3i?
[10:09] {dino} gut has us going up
01[10:09] {Threei}  SPY feels hesitant here...
01[10:10] {Threei}  but not too confident, thus hl
[10:10] {dptl} good morning
[10:11] {dino} thx, thought you had some alter indicator
01[10:11] {Threei}  hey dp
[10:11] {dino} gm dp
[10:11] {dptl} :)
01[10:12] {Threei}  just inverted H&S setup on 1 min, dino
[10:12] {dino} understood
[10:12] {ese} ddddddddddddddddddddppppppppppppppppppppppp!!!!!!!!!!!!!!!!!!!!
[10:13] {dino} ese, tht reminds me of norm walking into cheers
[10:13] {dptl} lol....Ese :)
[10:13] {ese} lol
[10:13] {ese} indeed
[10:13] {ese} it could be based on how much we drink at vads shiskabob barbecue
[10:14] {dptl} oh yeeeea....:)
[10:15] {ese} you gave him the classic gift of all time......the glass replica of an AK47 (to scale no less) filled with vodka
[10:16] {dptl} :)
[10:17] {ese} L some more plug from yesterday avg .97
[10:17] {dino} had a few shock tops last night
[10:17] {ese} lol
[10:17] {ese} ouch
[10:17] {dino} tza l .97
[10:20] {ese} thats a Belgian Beer right....with like 8/9 or 10% alchohol
[10:21] {ese} or some kinda beer
[10:21] {dino} not sure alcohol %, belgian wheat
[10:21] {dino} sort of like blue moon
[10:22] {ese} not familiar with blue moon
[10:22] {dino} hmmm, sort of like beer
[10:22] {dino} ;)
[10:22] {ese} lol
[10:23] {dino} its good, try it
[10:23] {ese} will do
[10:23] {dino} some reason spring time makes me buy some of it
01[10:23] {Threei}  .65 break should catapult VXX
[10:23] {ese} good enough reason as any
[10:24] {ese} so far using R2 pivot as support
[10:24] {ese} spy
01[10:30] {Threei} Long Setup:  C  .60 break
01[10:30] {Threei}  If holds  .55
[10:30] {fish_49} did it trigger?
01[10:32] {Threei}  no
[10:32] {dino} battle on the averages, which way to go
01[10:34] {Threei}  valid still
[10:36] {fish_49} contractor here  I'll be back this afternoon
[10:37] {fish_49} I'm up today I shold quit  lol
01[10:37] {Threei}  Invalidated
[10:41] {ese} do I take that right.....you've just invalidated Fish
01[10:42] {Threei}  lol
[10:42] {dino} lol
01[10:43] {Threei}  SPY's frozen
01[10:43] {Threei}  ron is power-deprived
01[10:43] {Threei}  fish is invalidated
01[10:43] {Threei}  munky is bananaless
[10:44] {ese} so.......lots of stuff happening today then
01[10:44] {Threei}  really
[10:44] {dptl} friday :)
01[10:44] {Threei}  still dp... you missed 3 winners
01[10:45] {Threei}  US Treasury said to be considering requiring US casinos determine the source of high roller's wealth - press (update)- Treasury considering the moves in light of need to allay fears that criminals can use casinos to bring illicit funds into legitimacy
[10:46] {ese} hmmmmmmmm.......interesting.......I thought the big winners had to declare the winnings right there...right after they won it
[10:49] {dino} high rollers not necessary winners
01[10:49] {Threei}  what means do casinos have to determine the source
[10:49] {dino} lol, they want 1099s i guess, roflol
01[10:50] {Threei}  (RU) Russia Govt implements additional sanctions on Western counties in retaliation for those imposed on Russia - Russia press
[10:50] {dino} damn, there goes the vodka
[10:50] {dino} tza stop .88 -.09
01[10:51] {Threei}  Hillary is forbidden from shopping in Kaluga, I guess?
[10:54] {dino} gild sm l .15
01[10:54] {Threei}  I hear from some Canadian cities, people call for boycotting stores selling russian food
[10:55] {RonS} gm, part deux
01[10:55] {Threei}  wb ron
01[10:56] {Threei}  which is beyond stupid because most of that is produced in North America
01[10:56] {Threei}  all they hurt are folks running the stores
[10:58] {dptl} this is crazy
[11:04] {RonS} wtf bofi
01[11:05] {Threei}  all I see is upgrade
01[11:06] {Threei}  (CA) Canada Jan budget balance: +C$2.16B v +C$480M y/y, largest since July 2008
01[11:06] {Threei}  how many countries in da world have positive budget balance these days?
01[11:06] {Threei}  not even speaking of increasing the surplus
[11:07] {dino} ron, looked at that earlier, bofi
[11:07] {dino} tza l .84
[11:08] {dino} shpg death
01[11:08] {Threei}  SHPG US appeals court reverses claim and remands in case vs Watson (Actavis)
[11:09] {dino} gap filled
[11:09] {dino} 142 gap area, plus others in between
[11:11] {dino} and below
01[11:23] {Threei} Long Setup:  EBAY  .45 break
01[11:23] {Threei}  If holds  .40
01[11:25] {Threei} Long Setup:  YHOO  .50 break
01[11:25] {Threei}  If holds  .40
01[11:28] {Threei}  half out EBAY
[11:28] {dino} up or down? coin toss
01[11:28] {Threei}  no idea
01[11:28] {Threei}  feels down
01[11:28] {Threei}  but it felt this way for hours
[11:29] {dino} you're seeing what i'm seeing
[11:30] {fish_49} no volume  on the push up
01[11:30] {Threei}  stop to .44
[11:30] {dino} maybe have to go to scalp mode
[11:30] {fish_49} seems like corrective move on yesterdays push down  (SPY)
[11:31] {dino} panw messed up today
[11:33] {fish_49} gonna keep an eye on VXX
[11:33] {fish_49} there is no volume here  today
[11:34] {dino} tza to .97\
[11:34] {fish_49} from earlier this am?  .97 is BE  right?
[11:35] {dino} no earlier stopped -.09 posed
[11:35] {dino} posted
[11:35] {fish_49} ahhh  was not here
[11:35] {dino} in at .84 round 2
[11:35] {dino} to .99
[11:36] {dino} to .03
[11:37] {dino} out tza .03, +.19
01[11:44] {Threei}  EBAY salmon
01[11:46] {Threei}  (US) White House confirms proposals to bring down levels of methane; EPA will evalute how to lower methane levels in the oil and gas sector- Dept of the Interior will have standards later in 2014 to bring down the frequency of venting and flaring of wells on public land
01[11:47] {Threei}  YHOO was 2-sided...
[11:48] {thomcbell} Dino - PANW is getting close
[11:49] {thomcbell} market scaring me though with this type of play
[11:51] {dino} missed it, was making lunch
[11:51] {dino} nice spot tbell
[11:51] {thomcbell} i really wanted it to have another flush to 66
[11:52] {RonS} EPA motto: " We pledge to strive to screw up any good thing in the United States.  After all, who else needs a job when we already work for the government."
[11:52] {dino} lol
[11:52] {fish_49} EPA busy in your state right?
[11:53] {fish_49} dont you have at least 1 superfund site out there near Vail
[11:56] {RonS} 1?  3 official...two others so bad they cannot touch it...
[11:57] {RonS} Rocky Mountain Arsenal...Shell oil and the Army made all of the chemical weapons there...now a thriving wildlife sanctuary
[11:58] {RonS} Rocky Flats:  where all of the plutonium triggers were made...they are sill trying to figure out what the heck to do with it
[11:58] {ese} gotta go make a great weekend all
[11:58] {RonS} the official ones are old mining and chemical manufacturing sites...
[11:59] {fish_49} What was the issue at Vail?  Gov  caused  or private sector?
[12:02] {fish_49} JPM top Lawyer killed in hit and run?  was that this week?
[12:09] {RonS} know of no issue at Vail
[12:10] {RonS} skiers killing themselve is all...
[12:10] {RonS} selves
[12:11] {RonS} you may be thinking of the Leadville mine which is a little close to Aspen...
[12:12] {fish_49} yea  maybe  it was Aspen  I remember Skiing out there at one of the resorts and someone saying it was a superfund site
[12:13] {RonS} Colorado is a 104000 square miles with many ranges...Leadville 80 miles from Aspen but it takes two hours to drive between
[12:13] {RonS} so, really not close
[12:15] {RonS} like saying Victoria is close to Sequim
[12:16] {RonS} may be for Jesus...
[12:18] {RonS} ...man I miss Will...
[12:19] {dino} tnet spike
[12:20] {RonS} cnbc pump tnet
[12:28] {dino} gild blood
[12:34] {dino} markets are not moving
[12:35] {thomcbell} wow dino - panw
[12:35] {dino} yeah and i did not hit it the 3rd time, oh well
[12:36] {dino} clvs blood
01[12:45] {Threei} Short Setup: WMT  .30 break
01[12:46] {Threei}  If holds  .37
[12:50] {dino} gild smr l .24 stop lod break
[12:52] {RonS} clvs was the ticket...
[12:52] {nemo} look to reshort it at vwap
[12:52] {dino} yeah, i chickened out
[12:53] {nemo} almost got back to vwap
[13:01] {thomcbell} ecyt looking vulnerable
[13:01] {thomcbell} could get ugly if it breaks deal price just like the rest of the recent ones
[13:03] {fish_49} was away  
[13:03] {fish_49} WMT still valid and did it trigger?
01[13:03] {Threei}  it did, and yes
01[13:03] {Threei}  as much as anything can be valid at this time of the day
[13:05] {nemo} http://goo.gl/2B7Djg
01[13:08] {Threei}  telling title of the article written in Russian... "This is not Russia rising from its knees, this is USSR rising from its grave"
[13:12] {fish_49} Vad you ever been to Nemo's house?
01[13:12] {Threei}  no
[13:13] {nemo} it's just a rabbit hutch
[13:13] {fish_49} He offended me the otehr day so I sent some boys up to look around
[13:13] {fish_49} this is what they brought back.  His Man Cave
[13:13] {fish_49} http://s1332.photobucket.com/user/bkhmd/media/nemo_zps41cfb7b8.jpg.html
[13:13] {nemo} Charleton Heston's house
01[13:13] {Threei}  looks about right
01[13:14] {Threei}  let me show you mine
01[13:14] {Threei}  http://www.realitytrader.com/vad/h.jpg
[13:14] {fish_49} Olympus all over?
01[13:14] {Threei}  love the view
[13:14] {nemo} http://goo.gl/e6O2H5
[13:15] {fish_49} Oh Vad we had the same builder
01[13:15] {Threei}  half out WMT
01[13:15] {Threei}  .22
[13:15] {dino} gild stop
[13:20] {dino} clvs smr l .28
[13:24] {dino} out clvs .78, +.50
01[13:25] {Threei}  wtg
[13:25] {dino} ty
01[13:29] {Threei} Short Setup: C  .05 break
01[13:29] {Threei}  If holds  .15
[13:32] {RonS} funny nemo...
[13:33] {nemo} made me think of fish for some reason
[13:33] {RonS} pic.twitter.com/knpSwrJtRb
[13:33] {nemo} oh that, yeah
[14:04] {fish_49} slow grind down
[14:05] {RonS} lap dance?
[14:09] {dino} vxx l .01
01[14:11] {Threei}  wow WMT
01[14:13] {Threei}  we sensed it early dino
01[14:14] {Threei}  and I think much more to come
[14:15] {dino} out vxx .08, +.07
[14:15] {fish_49} gj
[14:16] {dino} ty
01[14:16] {Threei}  watching for entry in VXX, TZA
[14:17] {fish_49} Are you in C  Vad?
01[14:18] {Threei}  no
01[14:18] {Threei}  but it's valid
[14:18] {fish_49} I put a different spin on it
01[14:18] {Threei}  ?
[14:19] {fish_49} I let it go back up an played the short break of .10 with stop of .15
[14:19] {fish_49} I have a contractor here and didnt get in on the original call
[14:20] {nemo} oh is that what you call a hooker?
[14:20] {dino} last try gild sm l .80
[14:20] {fish_49} when I looked at the chart  It looked strange to me  on the .05 break because of the round number of 47 below
[14:25] {fish_49} took the stop -.05
01[14:33] {Threei} Long Setup:  VXX  .95 break
01[14:33] {Threei}  If holds  .85
01[14:37] {Threei}  come on VXX, TZA moves faster than you do!
01[14:38] {Threei}  better... shaming works
[14:38] {nemo} not sure much  more, look indexes have closed most of the gap
01[14:39] {Threei}  well, the closer to eod, the more it is about over-the-weekend fears
[14:39] {nemo} yes, I'm looking for a return to vwap first
[14:43] {dino} out gild .50, +.70
01[14:43] {Threei}  wtg
[14:44] {dino} ty
01[14:45] {Threei}  I wsh I took both VX and TZA
01[14:45] {Threei}  .50 break
01[14:45] {Threei}  same idea but TZA somehow moves better this time
01[14:45] {Threei}  usually it's the other way around
01[14:46] {Threei}  1:1
01[14:46] {Threei}  give us real panic, market
01[14:47] {Threei}  I know you can
01[14:47] {Threei}  and want to
01[14:50] {Threei}  out balance
[14:50] {nemo} vxx ging back to vwap
01[14:50] {Threei}  no news
[14:51] {goinshort} took 1:1 on VXX  thanks V !!!
[14:51] {nemo} OPEX
01[14:51] {Threei}  yw
[14:53] {dino} gj
[14:58] {nemo} between u me and the fencepost iwm spy and fas setting up for a vwap run
01[15:00] {Threei}  where is your SPY vwap?
[15:00] {nemo} 185.80ish
[15:00] {nemo} iwm 115ihs
[15:00] {nemo} fas 92.20ish
[15:00] {dino} lol nemo, haven't heard that in awhile
[15:00] {nemo} what "ish"
[15:00] {nemo} it's the rum
[15:01] {dino} fence post
[15:01] {nemo} here we go
[15:01] {nemo} ahhhh
[15:03] {nemo} vxx vwwap 43.67
[15:04] {RonS} outta here...real nice week for me...have a good one y'all
01[15:04] {Threei}  wtg ron
[15:06] {nemo} vxx bounced a tad before\
[15:20] {dino} gj ron
01[15:21] {Threei}  ok... do we get closing selloff or not
[15:22] {dino} caesars coin toss says down
01[15:22] {Threei} Long Setup:  VXX  .85 break
01[15:22] {Threei}  If holds  .75
[15:23] {dino} unfortunately, magic 8-ball died, clouded over so threw away
[15:23] {dino} easy button still works
[15:24] {dino} just babbling here, trying not to trade any more
[15:30] {nemo} marriage will do that to you
[15:33] {nemo} looks like index vwap run
01[15:38] {Threei}  no movement
[15:38] {nemo} try Ex Lax
01[15:39] {Threei}  tell it to market
[15:46] {thomcbell} good weekend all
[15:46] {goinshort} see ya monday !
01[15:47] {Threei}  take care thom, gs
[15:47] {dino} calling it a week here, good one for me, thx all for ideas
01[15:47] {Threei}  you too dinio
01[15:47] {Threei}  have a good weekend guys, see you on Monday
[15:47] {nemo} good luck storming the castle

March 27 2014

Productive morning, dead afternoon. Market is hesitant and jerky, no one wants to commit much closer to end of day.


Session Time: Thu Mar 27 00:00:00 2014
[09:01] {ese} morning
01[09:01] {@Threei}  morning ese
[09:04] {dino} gm
01[09:04] {@Threei}  dino
01[09:05] {@Threei}  C... that's a lot of beating for the hot air from toothless Fed stress test
[09:05] {dino} agreed
[09:08] {dino} wbai filled open gaps
[09:12] {RonS} gm...wbai came with some kind of preferred offering...people must have known
[09:12] {dino} ty
01[09:12] {@Threei}  ron
[09:12] {_billy_d} GM
01[09:13] {@Threei}  billy
01[09:21] {@Threei}  (US) White House formally announces amendments to telephone data collection practices; affirms telecom companies will hold the data which will only be able to be accessed by the Govt following a Judge approval
[09:22] {ese} hmmmmmm.....i thought that was the way it was suppose to be in the first place
[09:22] {ese} spcb
[09:23] {ese} opps typed ticker into wrong spot
[09:23] {ese} hate it when that happens
[09:23] {fish_49} gm all
[09:23] {ese} fish
01[09:23] {@Threei}  fish
[09:24] {fish_49} LULU on radar?
[09:24] {RonS} yes here, might squeeze today...
[09:24] {ese} could be
01[09:24] {@Threei}  of it's tradeable... most often it's not
01[09:24] {@Threei}  if
[09:24] {RonS} conn too...
01[09:25] {@Threei}  guidance is bad
01[09:25] {@Threei}  not sure why market decided to ignore it
[09:25] {fish_49} So  C   LULU  and CONN on my radar
[09:25] {munky} morn
01[09:25] {@Threei}  munky
01[09:26] {@Threei}  Lululemon athletica inc Reports Q4 $0.75 v $0.72e, R$521M v $518Me- Guides Q1 $0.31-0.33 v $0.38e, R$377-382M v $390Me - Guides initial FY14 $1.80-1.90 v $2.15e, R$1.77-1.82B v $1.82Be
[09:27] {ese} munky
[09:27] {munky} is there fb new?
01[09:28] {@Threei}  no
[09:28] {munky} man hammered from 72 dollars
[09:29] {RonS} oil big rip overnight
[09:30] {nemo} wow FB going for the gap?
[09:31] {fish_49} big gap
[09:33] {nemo} are we here?
[09:33] {munky} slow open
01[09:33] {@Threei} Long Setup:  C  .50 break hl
01[09:33] {@Threei}  grrr
01[09:33] {@Threei}  too fast
[09:33] {munky} no catch\
[09:35] {RonS} clvs sm l 72.50
[09:35] {fish_49} lets see if SPY bounce around .30
[09:35] {munky} vxx powering up
01[09:36] {@Threei} Long Setup:  JPM  .20 break
01[09:36] {@Threei}  If holds  .10
[09:36] {RonS} out clvs 74.50 +2.00
01[09:36] {@Threei}  wtg
[09:37] {RonS} ty
01[09:37] {@Threei}  no go
[09:37] {dino} bofi gap fill
[09:38] {_billy_d} buyers just not stepping up lately
[09:38] {RonS} lulu laying wood on the shorts...no good entry
[09:41] {RonS} pcyc hit over some former employee suit
01[09:41] {@Threei} Long Setup:  WMT  .40 break
01[09:41] {@Threei}  If holds  .30
01[09:42] {@Threei}  1:1
[09:42] {munky} missed  fast
[09:44] {nemo} spy 50 day down around 183.50
01[09:44] {@Threei} Short Setup: CAT  .45 break hl
01[09:45] {@Threei}  If holds  .55
01[09:47] {@Threei}  Invalidated
01[09:47] {@Threei} Long Setup:  WMT  .40 break
01[09:48] {@Threei}  If holds  .30
[09:50] {dino} c hl l .69
[09:50] {dino} clvs smr l .91 gappy
01[09:51] {@Threei} Long Setup:  FB  59 break hl
01[09:51] {@Threei}  yeah right
[09:51] {dino} out clvs .61, +.70
[09:51] {nemo} mhhhh, either book is thin on LVS or something wrong with my data feeds
[09:51] {RonS} gj dino
[09:51] {dino} ty
[09:52] {dino} wow dollar too soon
[09:52] {dino} "pulp moves"
[09:52] {RonS} yep
[09:53] {dino} mnk spike
01[09:53] {@Threei}  1:1  WMT
01[09:54] {@Threei} Long Setup:  FB  59 break hl
01[09:54] {@Threei}  If holds  .90
[09:54] {dino} ccl gap fill
01[09:54] {@Threei}  no chance
[09:55] {fish_49} 1:2 if you got it
01[09:56] {@Threei}  1:2  WMT
[09:57] {nemo} yeah, mut have data feeds missing
01[09:57] {@Threei}  this second time WMT was easy to execute, no excuse
[09:58] {fish_49} got it both times
01[09:58] {@Threei}  :)
01[09:58] {@Threei}  you know first time you got munky's shares, right?
[09:59] {fish_49} lol
01[09:59] {@Threei}  *(US) FEB PENDING HOME SALES M/M: -0.8% V 0.2%E; Y/Y: -10.2% V -9.0%E
[09:59] {fish_49} I didn't execute well on the first round
[10:01] {nemo} wow book thin on FB
01[10:01] {@Threei} Long Setup:  C  .75 break
01[10:01] {@Threei}  If holds  .65
01[10:04] {@Threei}  1:1
[10:04] {ese} L plug .99
[10:04] {fish_49} out in full at 1:1  I dont like C  today
[10:04] {fish_49} Thanks
01[10:04] {@Threei}  yw
[10:06] {dino} enta smr l .34 hooker
[10:06] {dino} ldos oct gap fill
[10:07] {ese} L gtat.36
[10:08] {fish_49} NASDAQ in green for the first time in how long?
[10:08] {ese} got stopped out of this one a couple of days ago for -.28....wanted to use the taser on it
[10:08] {dino} db hl l .84
01[10:08] {@Threei}  1:2
01[10:08] {@Threei}  1:3
01[10:08] {@Threei}  out
[10:08] {fish_49} 1:3 C
01[10:08] {@Threei}  things start working
[10:09] {dino} c stop to .09
01[10:09] {@Threei}  1:4
[10:10] {dino} out c .13, +.44
01[10:10] {@Threei}  wtg
[10:10] {dino} ty
[10:10] {mojo1} 1:3 ty
01[10:10] {@Threei}  :)
[10:12] {dino} 07 scanner rolling solid green
[10:14] {dino} acn gap below 75.70 area
01[10:14] {@Threei} Long Setup:  YHOO  .60 break
01[10:14] {@Threei}  If holds  .55
[10:14] {ese} you told me a couple of years ago what in your 07 scanner dino......can I ask whats in it again
01[10:15] {@Threei}  James Bond pattern
[10:15] {dino} later ese, bit busy
01[10:16] {@Threei}  meh
[10:16] {ese} np.....
01[10:17] {@Threei} Short Setup: JPM  .80 break
01[10:17] {@Threei}  If holds  .90
01[10:18] {@Threei}  frikin YHOO
01[10:18] {@Threei}  rinse
[10:18] {dino} ese, (gently edited out as a trade secret)
01[10:18] {@Threei}  no go JPM
[10:19] {dino} (gently edited out as a trade secret)
[10:20] {dino} i will hire nemo to do the elimations
01[10:20] {@Threei}  I can be bribed to edit it out of the log
[10:20] {RonS} noone is you dino...there is no problem...
[10:20] {dino} please do vad
01[10:21] {@Threei}  grrr YHOO
01[10:21] {@Threei}  1: frikin 3
[10:21] {mojo1} too tight stop
[10:21] {fish_49} never using  Yahopo anymore  staying with Google
[10:21] {RonS} feeling like Pope after O visit?
[10:22] {RonS} ...pissed off...
[10:22] {munky} surprised .05 cent stop on yhoo
[10:22] {munky} .48 better
[10:24] {munky} liked ur read on it, beautiful
[10:25] {dino} out enta .94, +.60
[10:25] {ese} L some more gtat avg .47
01[10:26] {@Threei} Long Setup:  C  48 break
01[10:26] {@Threei}  If holds  .90
[10:28] {ese} nice dino.....just looked at enta
[10:30] {dino} thx
[10:32] {RonS} start pool?
[10:32] {RonS} how many minutes 'til fish starts screaming for a potty break?
01[10:32] {@Threei}  stop to .04
[10:32] {fish_49} just got back
[10:32] {fish_49} lol
01[10:32] {@Threei}  lol
[10:33] {fish_49} what stop to 04?
01[10:33] {@Threei}  .94 sorry
[10:33] {RonS} 94?
01[10:33] {@Threei}  .
01[10:34] {@Threei}  9
01[10:34] {@Threei}  4
01[10:34] {@Threei}  ok... I think I got it right
[10:34] {fish_49} Point Ninety Four
[10:35] {fish_49} Ron  did you play that LULU pull back?
[10:36] {RonS} no, don't like to get involved after such a strong run
[10:37] {ese} lulu would have been an good on that 10:15 pullback but hard to read with volume taper
[10:37] {ese} good play
[10:38] {dino} lulu lowers guidance and rocks...anything else would've got crushed
[10:39] {dino} pbpb gutted
[10:39] {RonS} but management was upbeat, expressed a plan and talked intl growth...25% float short
[10:39] {dino} spin
[10:40] {RonS} so what?  others have no plan and no clue...
[10:41] {RonS} took a long time since was focusing on the core but all the hottest female rear ends at the gym wear lulu...  :
[10:42] {RonS} :)
[10:42] {ese} ya true
[10:42] {dino} agreed
[10:43] {ese} was gonna ask ron if you know this through personel investigation of facts
[10:44] {ese} it good to do reseach
[10:44] {ese} it's
[10:44] {dino} enjoyable
[10:44] {ese} that to
01[10:49] {@Threei}  (RU) US State Dept stops defense export licenses for Russia - press- Reminder: on 3/19 reports were that Germany was suspending all arms trading with Russia as part of sanctions
01[10:51] {@Threei} Long Setup:  TZA  .40 break
01[10:51] {@Threei}  If holds  .30
[10:52] {dino} sfxe drop
[10:52] {dino} db stop .64 -.10
[10:53] {RonS} dino did you see the picture of that sfxe douchebag ceo?
[10:54] {dino} sfxe smr l .06
[10:54] {dino} no
[10:55] {dino} stop is b of lod
[10:56] {RonS} jerk getting off private jet wearing some bullshit side-cocked hiphop ball hat grabbing his crotch a la Michael Jackson... ridiculous and disgusting
[10:57] {RonS} btw he is white...
[10:57] {fish_49} wannabe?
01[10:57] {@Threei}  Nicaragua recognizes Crimea as part of Russia
[10:57] {RonS} lol
[10:58] {ese} now theres a credible gov't for ya
[10:58] {dino} ron, you know me, i don't even know what it does, just tape reading
[10:59] {ese} don't they give tax exempt status to you if you can prove your a legitament drug lord
[10:59] {fish_49} Did Russia pay for that recognition?
[10:59] {dino} probably
[10:59] {RonS} ya well...just telling you why the drop...
[10:59] {dino} thx bro
[11:00] {dino} thing doesn't trade
[11:00] {dino} shit crashed
[11:00] {dino} system that is
01[11:01] {@Threei}  OK market... crash time
01[11:01] {@Threei}  and don't be shy, get crashisher and crashisher
01[11:03] {@Threei} Long Setup:  VXX  .50 break hl
01[11:03] {@Threei}  ugh
01[11:03] {@Threei}  broke while I typed
01[11:03] {@Threei}  ok
01[11:03] {@Threei}  got in on pullback
01[11:03] {@Threei}  1:1  VXX
01[11:04] {@Threei}  half out TZA
01[11:05] {@Threei}  1:1
01[11:08] {@Threei}  1:2  VXX
01[11:09] {@Threei}  I love those long romantic walks hand in hand with VXX
[11:10] {fish_49} didnt get it  but enjoying the walk with TZA
01[11:10] {@Threei}  oh good, I was worrying TZA was getting lonely
[11:10] {fish_49} it's kinda like Olympus Vs. Canon
01[11:10] {@Threei}  no comparison... Oly all the way
[11:11] {fish_49} lol
01[11:12] {@Threei}  ok SPY... recrash please
01[11:13] {@Threei}  1:2  TZA
01[11:14] {@Threei}  that was one precisely nailed reversal
[11:14] {fish_49} keeping my remaining shares
[11:14] {dino} sfxe hl l .13, last try
01[11:14] {@Threei}  I just trail as usual
01[11:14] {@Threei}  .49
01[11:14] {@Threei}  VXX closed on a trail
[11:15] {fish_49} I only have 100 shares left  so it's worth the wait and see what happens
[11:15] {fish_49} at min  I break even and pay comms on the stop
[11:17] {dino} lci sm l ave .17
[11:19] {dino} out sfxe .54, +.40
[11:19] {fish_49} out remaining shares  thanks Vad
01[11:20] {@Threei}  :)
[11:22] {dino} c hl l .55
01[11:30] {@Threei}  selling is not over
01[11:35] {@Threei} Long Setup:  C  .35 break
01[11:35] {@Threei}  If holds  .30
[11:38] {dino} db hl l .60
[11:45] {RonS} dino, fidelity keeps entering 4000 lot bids at 36.94...when and if they stop...could fall
[11:45] {RonS} lci
[11:46] {dino} thx
[11:46] {RonS} 35.94 sorry
[11:46] {dino} i got that, :)
[11:47] {fish_49} Ron types like Vad now?
01[11:47] {@Threei}  1:1
[11:47] {RonS} eyes get fuzzy sometimes...
[11:47] {dino} happens to us all
[11:47] {dino} what do you make of ldos?
[11:47] {fish_49} yep  been there done that  but  I still like to get a dig in when I can
[11:49] {dino} expect nothing less
[11:49] {fish_49} out on trail TY
01[11:49] {@Threei}  yw
[11:50] {RonS} guess someone like this guy:  Leidos announces Stu Shea to depart position as COO
[11:51] {dino} staying away for now
01[11:51] {@Threei}  remember a line couple weeks ago that TZA and FAZ were about to becomes players again?
01[11:51] {@Threei}  both do
[12:10] {dino} arii drop
[12:12] {dino} smr l .45 wide
[12:13] {fish_49} you got in at .45? nice
[12:15] {dino} yes
[12:15] {dino} 300
[12:16] {RonS} took lci .10 out .45 +.35  thanks dino
[12:16] {fish_49} nice Ron
[12:17] {dino} wtg and yw
[12:20] {dino} conn spike
[12:21] {dino} out arii .25, +.80
[12:21] {fish_49} Amazin
[12:22] {fish_49} Amazing  I watched it   have no Idea how to stomach that spread..  The second you buy your .25 cents down
[12:22] {dino} 300 shares big deal down .25
[12:22] {fish_49} yea  good point
[12:22] {dino} figure out your max loss/trade, adjust shares according to way it trades
[12:24] {dino} you're looking at ot wrong fish, control thru size. if max loss/trade is $250 adjust accordingly. on thick stock go bigger shares tighter stop
[12:24] {fish_49} yea
[12:25] {dino} fish, you watch me trade .60 spreads, its all about share size
[12:25] {dino} example, ron and i trade lci today .20 spread
[12:25] {fish_49} yea  My issue  would be  finding quality supply  level to exit  and or  quality demand level to enter
[12:26] {RonS} lol...you think these stocks are quality?
[12:26] {fish_49} hahah  not quality stock
[12:26] {fish_49} quality level  to enter
[12:26] {dino} fish, you're over thinking it, don't think!
[12:26] {dino} exactly ron
[12:29] {dino} 07 scrolling green
[12:36] {dino} out lci .45, +.28
[12:39] {RonS} sonny bono...the beat goes on: Greece said to be in line for 8.3 billion-euro rescue payment
[12:40] {fish_49} from?
[12:42] {RonS} usual suspects
[12:43] {RonS} nemo's buddies
[12:44] {fish_49} can't resist..
[12:44] {fish_49} Nemo has Buddies?
[12:44] {RonS} regarless where it is the Germans
[12:44] {RonS} regardless
[12:44] {fish_49} I know he had 1 only  But he found a security job and no longer trades
[12:45] {RonS} oh boy...
[12:47] {RonS} think they were friends? lol, mutual admiration...les repected nemo's intellect and nemo respected les' stupidity...  Les is a good sport
[12:47] {fish_49} lol
01[12:47] {@Threei}  I am not editing that out ron... you'll have to deal with Les when he is back {G}
[12:48] {RonS} ok  lol
01[12:48] {@Threei}  I accept one editing request per week, and dino called dibs on that today
[12:48] {RonS} rotflol
[12:48] {dino} ty vad
01[12:49] {@Threei}  sure thing
[12:56] {RonS} nutz lci
01[12:57] {@Threei} Short Setup: C  .30 break
01[12:57] {@Threei}  If holds  .40
[13:03] {dino} yeah, lci
[13:03] {nemo} wow...just saw Ron's comment
01[13:05] {@Threei}  wow... are you on 14.4 modem?
[13:05] {nemo} no...stepped away, throwing shit at the wall..pissed off morning
01[13:05] {@Threei}  and the wall is at fault?
[13:06] {fish_49} I'm too far away Vad  he couldn't throw that far
[13:06] {nemo} no
[13:06] {nemo} shooting the messenger....kinda'
[13:09] {nemo} this high in iwm and spy is yesterday's low
01[13:16] {@Threei}  trailing to .36
01[13:19] {@Threei}  die already C
01[13:20] {@Threei}  US House approves bill with loan guarantees and aid for Ukraine, sanctions for Russian officials
01[13:21] {@Threei}  In a sudden bout of senility, US Senate approves the same bill but with loan guarantees and aid for Russia, sanctions for Ukraine
[13:21] {fish_49} :)
01[13:22] {@Threei}  1 is not asleep
01[13:22] {@Threei}  out C
[13:22] {nemo} think finnies want the vwap
[13:22] {fish_49} was that the scanner that alerted on C?
01[13:23] {@Threei}  no, it was on constant watch
01[13:23] {@Threei}  United Nations General Assembly approves resolution calling Russian annexation of Ukraine's Crimea illegal
01[13:23] {@Threei}  Russia: oops...
01[13:26] {@Threei}  heh... just as I predicted, IMF aid comes with conditions that will destablize Ukraine more effectively than Putin ever could
01[13:26] {@Threei}  price for that aid will be tough economic reforms – including higher taxes on incomes, alcohol and tobacco; layoffs of government workers; and a 50 percent hike in people’s gas bills from the start of May.
01[13:27] {@Threei}  I don't know why he even bothered... leave it to IMF
01[13:31] {@Threei}  LOL... Ukraine Parliament has voted down a bill on the prevention of financial disaster and the creation of prerequisites for economic growth in Ukraine, which would introduce tax amendments in line with the program agreed with the International Monetary Fund (IMF).
01[13:31] {@Threei}  Putin is in serious danger of dying of laughter
[13:32] {dino} with friends like the imf, who needs enemies
01[13:32] {@Threei}  no kidding
01[13:32] {@Threei}  what a bunch of imbeciles
01[13:32] {@Threei}  acting by the same calc everywhere in the world
01[13:33] {@Threei}  no slightest regard for actual conditions on the ground
[13:38] {RonS} The Economist magazine has been documenting this IMF crap for decades...  totally corrupt, removed, bloated bureaucracy
01[13:41] {@Threei}  if I spoke English, I'd use word "aloof"
01[14:08] {@Threei} Long Setup:  FAZ  .50 break
01[14:12] {@Threei}  If holds  .40
[14:16] {nathan} hi gents
01[14:16] {@Threei}  hey nathan
[14:18] {dino} hey nat
[14:18] {dino} wbai pattern trading 34.60-35.40
[14:22] {nathan} how was the morning?
01[14:23] {@Threei}  not bad
[14:23] {dino} good
[14:24] {nathan} good to hear
[14:24] {nathan} double botton in MSFT
[14:25] {nathan} there it goes
[14:27] {dino} zzzzzzzzzzzzzzzzzzzzz
01[14:28] {@Threei}  afternoons are inactive
01[14:33] {@Threei}  White House House updates Affordable Healthcare Act (Obamacare) exchange based enrollment; have exceeded 6M enrollments- In the initial evaluation (pre website issues), CBO had forecast 7M enrollments by the March 31 deadline
[14:33] {nathan} 1:1 MSFT
[14:35] {dino} gj
[14:35] {nemo} choppy shit
[14:35] {nathan} thx
01[14:36] {@Threei}  Country with most beef with Ukraine: Venezuela. "They, like, totally stole our thunder."
[14:41] {nemo} choppy shit
[14:50] {nemo} choppy merde
[14:51] {fish_49} Let e look that one up Toad
[14:51] {nathan} mierda
[14:51] {nemo} Scheisse
06[14:51] * @Threei forwards nemo a Groupon e-mail with discount for a session of Bikram Yoga
[14:51] {fish_49} Choppy Dong
[14:51] {nemo} I hate that hot yoga shit
[14:51] {nemo} frickin' gimmick
01[14:52] {@Threei} Short Setup: WMT  .20 break
01[14:52] {@Threei}  If holds  .30
[14:58] {dino} db whack-a-mole at 43.75
01[15:03] {@Threei}  ok market
01[15:03] {@Threei}  let's do crash round 2
01[15:03] {@Threei}  round 1 went well and served us perfectly
01[15:04] {@Threei}  1:1
[15:04] {fish_49} 1:1
[15:04] {dino} out db .72, +.12, took all afternoon
01[15:05] {@Threei}  we won't tell anyone dino
[15:05] {dino} pia stock
01[15:05] {@Threei}  good biy WMT, give us 1:3 and we be friends
[15:05] {dino} gj
[15:06] {nathan} gj
06[15:08] * @Threei hits WMT over the head with 2x4
[15:08] {fish_49} made in China 2x4
01[15:09] {@Threei}  whe]re else
[15:15] {RonS} ino gone rhino
01[15:15] {@Threei}  becoming interesting for dino
[15:15] {fish_49} out remaining on trail
01[15:15] {@Threei}  same
01[15:15] {@Threei}  no recrash
[15:15] {nemo} death by a thousand cuts in the indexes today
[15:16] {nemo} this afternoon
[15:16] {dino} well they fooled me, thought markets were collapsing there
[15:17] {dino} nemo, you mainly trade indexes?
[15:17] {dino} if so, can understand the cuts, up/down/up/down...
[15:17] {nemo} yeah
[15:18] {dino} makes since, as you're usually good at spotting turns.
[15:18] {nemo} well, the algo has been flat since 12:30 although it's looking a wee bit stronger
[15:18] {dino} di been bouncing from -10 to -32 for hours
[15:18] {nemo} look at how flat finnies are
[15:18] {dino} dji
[15:18] {nemo} and vix
[15:18] {dino} shit range for dji
[15:19] {nemo} don't watch that so much
[15:19] {nemo} only 30 companies
[15:19] {dino} yeah, i understand, but usually leads s/p
[15:20] {nemo} hah!  The Real Fly in my twitter feed just echoed my sentiments:  This tape is acting weird, snapping back and forth like this. Seems unstable. But $VXX is flat. Go figure
[15:20] {dino} look just went -10 and back to -20
[15:20] {fish_49} no fear and no conviction
[15:20] {dino} market of traders
[15:22] {dino} better worlds trades helping me a lot in this market
01[15:24] {@Threei}  this is typical for uncertain times
[15:24] {nemo} and August
01[15:24] {@Threei}  when market feels that some event may or may not come, event is significant and market can't figure out whether it comes or nit
[15:24] {nemo} see if finnies go to vwap
[15:25] {fish_49} long WMT?  .30 with .20 stop?
[15:25] {nemo} second day iwm weaker than spy
01[15:25] {@Threei}  no
01[15:25] {@Threei}  not after 25 cents run
[15:26] {fish_49} out FAZ
[15:27] {dino} out c flat from hours ago, what pia that was
[15:30] {nemo} finnies almost theren, iwm on the way now
[15:38] {nemo} did I say it was choppy out there?
[15:38] {fish_49} choppy as shit  I do believe
[15:38] {dino} indeed
[15:38] {nemo} prescient fellow
[15:43] {nathan} good night gents
[15:43] {nemo} hasta manana
01[15:43] {@Threei}  you too nathan
[15:43] {fish_49} Un Young  Nathan
[15:43] {nemo} maybe I should spell it manyana
[15:45] {nemo} and now the market will let go
01[15:45] {@Threei}  or just jerk around some more
01[15:46] {@Threei}  US velocity of money (M2) in Q4 seen at 1.559 following release of final Q4 GDP data; Remains at record low
[15:48] {dino} calling it a day. thx all, good one
[15:48] {nemo} looks like spy wants to put in a doji
[15:49] {fish_49} on what time frame?  Daily?
[15:49] {nemo} yeah
[15:49] {fish_49} its a doji unles it can move one way or the other in a hurry
[15:50] {fish_49} unless*
01[15:51] {@Threei}  see? another up-down
[15:51] {fish_49} u mean down up?
[15:51] {fish_49} lol
[15:52] {fish_49} look at the VXX
01[15:53] {@Threei}  bounce territory
01[15:54] {@Threei}  no time folr a trade though
[15:54] {fish_49} yep
[15:54] {nemo} 50sma here
[15:54] {fish_49} on which time frame Toad?
[15:54] {nemo} but with indexes moving up real iffy
[15:54] {nemo} daily
[15:55] {nemo} indexes look short here, but how far they could go...eh
[15:55] {fish_49} FB performed well today.. Perhaps it put in a bottom
01[15:55] {@Threei}  here is scalpable bounce
01[15:55] {@Threei}  we read it right
01[15:56] {@Threei}  OK guys, thank you all
[15:56] {fish_49} see ya tomorrow
01[15:56] {@Threei}  have a good evening, see you tomorrow
[15:56] {fish_49} later Toad face
[15:56] {nemo} fish ass

March 26 2014

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

Session Time: Wed Mar 26 00:00:00 2014

[09:00] {_billy_d} morning

01[09:02] {@Threei}  morning billy

[09:04] {_billy_d} Vad, you still trade small cap momos?

01[09:07] {@Threei}  only if they are liquid and present readable setups

01[09:07] {@Threei}  for the most part they aren't

[09:08] {_billy_d} yes, the spreads can get wide in a milisecond

01[09:08] {@Threei}  wide spreads is dino and ron's specialty

[09:11] {dino} gm

01[09:11] {@Threei}  dino :)

[09:12] {goinshort} morning V - morning ll

01[09:12] {@Threei}  gs :)

[09:12] {goinshort} morning all

01[09:12] {@Threei}  ll was enougn too, since not all are here yet

[09:13] {goinshort} lol - thumbs not awake yet

01[09:15] {@Threei}  {munky} thumbs? what's that?

[09:17] {goinshort} got a chance to view your photos yesteday- awesome!

01[09:18] {@Threei}  thank you :)

[09:19] {RonS} hi y'all

01[09:19] {@Threei}  ron :)

[09:19] {fish_49} What is FB's need for Virtual Reality?

[09:20] {RonS} ...the world is too painful?

[09:20] {mojo1} gm

01[09:20] {@Threei}  zuckerberg spoke extensively about that yesterday... too extensivwly for me to read beyond first line

01[09:20] {@Threei}  mojo :)

01[09:21] {@Threei}  if market were open, .70 break short would be a call to make

[09:23] {dptl} good morning

01[09:23] {@Threei}  dp :)

[09:23] {nemo} dp makes me want to drink

01[09:23] {@Threei}  was it nice or what, FB

[09:24] {dino} e too

[09:24] {dptl} me too Nemo ...lol

[09:24] {fish_49} $1.6 Billion in stock and $400 Mil in cash

[09:24] {fish_49} hmmmm

[09:25] {fish_49} Perhaps FB will now have revenue other than advertisement

[09:25] {RonS} lol...A biotech stock named Oculus was up nearly 10% this morning. Try to guess why

[09:25] {fish_49} Gonna be jerky ride  perhaps  on FB  today

[09:25] {fish_49} because people confused?

[09:26] {ese} morning

01[09:26] {@Threei}  ese :)

01[09:26] {@Threei}  lol ron... I remember one such case years ago

01[09:27] {@Threei}  public company went up on buyout news related to private one with similar name

01[09:28] {@Threei}  Combat dolphins in Crimea will be transferred to the Russian navy

01[09:30] {@Threei} Short Setup: FB  .5 break hl

01[09:31] {@Threei}  If holds  .60 

01[09:31] {@Threei}  lol

01[09:31] {@Threei}  1:1  

[09:31] {fish_49} no fill

01[09:31] {@Threei}  that's why "lol" first

[09:33] {munky} morn

01[09:33] {@Threei}  munky

01[09:34] {@Threei} Long Setup:  C  .40reak

01[09:34] {@Threei}  If holds  .30 

[09:34] {dino} those dolphines have lasers on their heads, they were bought from dr evil

[09:34] {thomcbell} spwr vulnerable 

[09:35] {thomcbell} 32 short break if holding 32.10

01[09:36] {@Threei}  stop to .34

[09:37] {thomcbell} no go spwr

[09:39] {thomcbell} still valid spwr

01[09:39] {@Threei} Long Setup:  FB  .35break hl

01[09:39] {@Threei}  Invalidated  

01[09:40] {@Threei}  meh C

[09:42] {munky} wmt going again

01[09:42] {@Threei} Long Setup:  EBAY  .42 break

01[09:42] {@Threei}  If holds  .32 

[09:44] {thomcbell} spwr now looking strong 

01[09:46] {@Threei} Long Setup:  GM  .55 break

01[09:47] {@Threei}  If holds  .45 

[09:49] {dino} ccl hl l .94

01[09:51] {@Threei} Long Setup:  WMT  .30 break

01[09:52] {@Threei}  If holds  .20 

01[09:53] {@Threei}  two-sided

[09:53] {dino} byi sm l .41

[09:54] {thomcbell} looking for a long setup in ubnt somewhere in here 

01[09:54] {@Threei}  sheesh... something should gfinally make up its mind

[09:55] {thomcbell} got close to 50sma

01[09:56] {@Threei}  no go GM

01[10:00] {@Threei} Short Setup: FB  .10 break hl

01[10:00] {@Threei}  If holds  .20 

[10:05] {dino} byi stop .10-.31

[10:05] {fish_49} meh

01[10:05] {@Threei}  sigh

[10:06] {_billy_d} 2md time slippage for me on FB

01[10:06] {@Threei}  fast one today, that's why hl

[10:06] {dino} ccl stop .98, +.04

01[10:11] {@Threei}  patternless morning

01[10:11] {@Threei}  hate those

[10:11] {fish_49} me too

[10:11] {fish_49} lol

01[10:12] {@Threei} Long Setup:  WMT  .30 break

01[10:13] {@Threei}  1:1  

01[10:13] {@Threei}  if you got it

[10:13] {nemo} gawd...if wmt is trading like this...

01[10:14] {@Threei}  FB son of a motherless goat

[10:14] {dino} rent smr s .77 hooker

[10:15] {munky} this is a tough morn

[10:15] {fish_49} missed wmt

[10:16] {dino} so far i agree munky

[10:18] {fish_49} Short POT?

[10:19] {nemo} mos very strong

[10:24] {fish_49} POT 1:1  half out

[10:24] {dino} furx vsm s .84 hooker

[10:29] {RonS} kerx pop, no news...

[10:29] {nemo} august should be interesting

[10:30] {RonS} ah yes, Janet strutting the Tetons...

01[10:31] {@Threei} Short Setup: P  .80 break

01[10:31] {@Threei}  If holds  .90 

[10:32] {dino} just wish she'd stop yellen

[10:32] {nemo} ese!

06[10:33] * nemo grabs his blanky and his binky

[10:33] {_billy_d} lol

[10:33] {RonS} kerx not stopping

[10:33] {nemo} binky=rum

[10:34] {dino} kerx crazy, non avail

[10:35] {RonS} kerx 18 mil sh short and scorched

06[10:36] * fish_49 gives Nemo a Bah Bah

[10:37] {ese} hey nemo

[10:37] {munky} das avail

[10:38] {RonS} wtf?  COVERAGE REITERATED: Bally Technologies (BYI) reiterated by Telsey Advisory Group. Reiterated rating Not Rated. 

[10:39] {dino} you pay for that value added advice

[10:39] {dino} byi gap around 61.10

[10:40] {nemo} we needed a rim shot for dino's comment

[10:41] {ese} BA DAP BAP!

[10:41] {RonS} lol

[10:41] {dino} lol

[10:46] {dino} ugh byi was at .31, just missed

[10:48] {dino} cov furx 95.74, +1.10

[10:49] {dino} byi sm l .70

[10:50] {thomcbell} really a dearth of setups today

[10:52] {fish_49} GLD Bounce?

[10:53] {RonS} dearth radar?

[10:54] {munky} what the hells wrong with ebay

[10:54] {munky} peace of crap

[10:54] {munky} s1 ,69

[10:55] {fish_49} it's in bouynce territory now  Munky

[10:55] {munky} thats why i piut up the s1 fish

[10:59] {fish_49} As long as the Spy stays below the 200 EMA  I would not expect a big bounce 

[10:59] {dino} ebay ican monkey on its back i think

01[11:00] {@Threei} Long Setup:  FB  .50 break hl

01[11:00] {@Threei}  If holds  .40 

[11:00] {RonS} ubnt sm l .03

[11:02] {thomcbell} ubnt this is all ibd'ers exiting 

01[11:02] {@Threei}  1:1  

01[11:02] {@Threei}  1:2  

[11:02] {_billy_d} finally

01[11:03] {@Threei}  no kidding

[11:03] {_billy_d} was about to close my FB acct :)

01[11:03] {@Threei}  lol

[11:04] {RonS} rgr sm l .10 ave

[11:06] {dino} bofi blood

[11:13] {dino} bofi gap around 76.40 down from 106

01[11:15] {@Threei}  local army detachment practicing some water-related things... image without which I could do in my newsfeed: https://scontent-b-sea.xx.fbcdn.net/hphotos-frc1/t1.0-9/1964932_759238204095854_1467749622_n.jpg

01[11:16] {@Threei} Long Setup:  SLW  .85 break

01[11:16] {@Threei}  If holds  .80 

[11:20] {RonS} bofi vsm l 79.10

[11:20] {dino} cbpx drop

01[11:24] {@Threei}  1:1  

[11:26] {_billy_d} having to fight for every win today

01[11:27] {@Threei}  which would be fine if they were not few and far between, lol

01[11:27] {@Threei}  but hey, 2 in a row

[11:27] {_billy_d} lol

01[11:27] {@Threei}  maybe we gare getting a hand on this day

01[11:30] {@Threei}  Candy Crash IPO... KING

[11:30] {fish_49} was watchjing this morning

[11:30] {fish_49} King looks like Queen

01[11:31] {@Threei}  I don't trade them as a rule, but .50 break looks tradeable, half lot

[11:32] {RonS} http://www.youtube.com/watch?v=G6Vw9RGm1tM

01[11:34] {@Threei}  KING saw that Ron

01[11:34] {@Threei}  and fainted

[11:41] {thomcbell} wow fb 

[11:42] {fish_49} Dino DCC

[11:42] {thomcbell} look at volume on that break

[11:47] {fish_49} POT 1:@  1/4 more out

[11:48] {fish_49} 1:2 *

01[11:48] {@Threei}  wtg

[11:50] {dino} gj

[11:51] {munky} ny read vad on my beloved wmt?

[11:51] {munky} up or down?

[11:52] {fish_49} GAP Fill and resting on 50 EMA  I say Up

01[11:52] {@Threei}  rather up

01[11:53] {@Threei}  but read is shaky

01[11:53] {@Threei} Short Setup: SLW  .80 break

01[11:53] {@Threei}  If holds  .87 

[11:54] {nemo} #1 weak stock on algo

[11:54] {nemo} this is however S3 on the daily

01[11:54] {@Threei}  which one?

[11:54] {nemo} slw

[12:04] {nemo} jpm #2 weak, almost dbi setup

[12:07] {fish_49} I like the set up Nemo  Break of .40  with a .48 stop

01[12:08] {@Threei}  WMT doesn't look too happy either

[12:08] {nemo} just think about this though, we are now in lunch time, look at what just happened in the indexes

[12:08] {nemo} jerk-around time

01[12:08] {@Threei}  well, as far as today goes, jerk-around time started at 9:30 and never stopped, lol

[12:09] {nemo} well, they added 60# sandpaper and took away the lube

[12:09] {munky} agree except for the "lol" part, not funny

[12:09] {nemo} eh...it could be worse....Les could be here

[12:09] {dino} lol

01[12:10] {@Threei}  well, you will have to forgive me for not crying on a losing day

[12:10] {fish_49} Vad you never have to worry about me leaving the room.  I don't want Nemo to say that about me

01[12:10] {@Threei}  as a tarder, you acceot them as part of the deal

[12:11] {nemo} I'm not sure there's anything worse I could say than calling you a Federal retiree

01[12:11] {@Threei}  and if you think differently, go out and find any single trader in all history of the markets who had no losing trades, days or weeks

[12:11] {nemo} I see them on twitter all the time

01[12:12] {@Threei}  oh, that's why I stopped looking at stocktwits

01[12:12] {@Threei}  now I remember

[12:12] {nemo} great indicator though

[12:12] {fish_49} lol

[12:13] {munky} the motley fools never ever lose lol

01[12:14] {@Threei}  fools generally don't... motley or otherwise

[12:14] {munky} now u sound like dino

[12:14] {fish_49} stick to trading Vad.  Poetry not your thing

01[12:14] {@Threei}  no??

01[12:15] {@Threei}  :( :( :(

[12:16] {fish_49} SLW Meh

[12:17] {dino} smack talking dino, sheesh

06[12:17] * dino slaps munky around a bit with a large trout

01[12:17] {@Threei}  JPM is trying to play

[12:19] {dino} wow, took all day, but cov rent .07, +.70

[12:20] {dino} out byi .37, +.67

[12:20] {munky} hmm, what should i have for lunch?

[12:20] {munky} something different

[12:20] {fish_49} nice Dino

[12:20] {dino} ty

[12:20] {munky} like banana on toast

[12:20] {fish_49} no fish

[12:20] {dino} salad here

[12:21] {nemo} rum

[12:21] {munky} fruit salad with bananas?

[12:22] {munky} vad any read on gm here?

[12:22] {fish_49} jpm meh

[12:22] {dino} damn byi tricked me, thought it was dropping

01[12:23] {@Threei}  not really. GM is frozen

[12:25] {fish_49} Out my last 1/4 Oz of Pot  +.24

[12:25] {dino} gj

[12:25] {fish_49} ty

[12:26] {dino} ron, i know you're watching data, what yo thinking?

[12:27] {dino} trade w/market imo, once market turns hit it

[12:27] {fish_49} Higher Low

[12:27] {munky} vad, any read ebay?

[12:27] {dino} yes fish, what i see

[12:28] {RonS} not watching data see it's spiking now sort of...

01[12:29] {@Threei}  EBAY, formally 56 break is long setup

01[12:29] {@Threei}  its success at this time of the day, well...

[12:29] {munky} and vwap at 56.10 so only a dimer

[12:30] {thomcbell} msft starting to interest me long after some sideways - 39.88 long break 

01[12:30] {@Threei}  my preference would be copnsolidation under .90, then .80 break for short

01[12:31] {@Threei}  but SPY is difficult to get a read on here

[12:35] {munky} wmt trying

[12:35] {dino} rcap spike

[12:45] {dino} taking a break

[12:47] {nemo} taking a drink

[12:47] {fish_49} Coolaide?

01[12:48] {@Threei}  taking hemlock

[12:48] {nemo} shooting fish in a barrel ;-)

[12:50] {fish_49} Nice call on DATA  Dino  did you take it?

[12:52] {fish_49} MUNKY  did you get some Ebay?

[12:52] {fish_49} looks like it might po

[12:52] {fish_49} pop

[12:54] {thomcbell} lvs putting up a good fight today 

[13:02] {munky} yes, took .90 ouit .o2

[13:02] {thomcbell} msft 1:1

[13:20] {thomcbell} booking the rest of msft for small profit 

[13:20] {fish_49} Great job Thom

[13:23] {thomcbell} wow ubnt unreal 

01[13:29] {@Threei}  no news for all this selling

01[13:30] {@Threei}  unless I missed something

[13:35] {cosmo} mkt took hemlock it seems

[13:36] {nemo} spy and finnies couldn't get above vwap, no institutional interest

[13:37] {nemo} iwm couldn't even get back to vwap since 10:15...no risk appetite

[13:37] {nemo} no buying....better sell

[13:38] {RonS} Dish's Ergen Approaches DirecTV CEO About Merger -Bloomberg TV  

[13:38] {fish_49} Sell the Hopper?

[13:38] {fish_49} lol

01[13:40] {@Threei} Short Setup: P  .15 break

01[13:40] {@Threei}  If holds  .25 

[13:44] {munky} fb panic

01[13:45] {@Threei}  P is welcome to follow

01[13:45] {@Threei}  1:1  

01[13:46] {@Threei}  hey, I got another one!

06[13:46] * @Threei pats himself on the back

[13:46] {fish_49} lol

01[13:48] {@Threei}  1:2  

06[13:49] * @Threei pats himself on the back with both hands

[13:49] {fish_49} hate to see whats next pat with

06[13:49] * @Threei dislocates both shoulders and crawls back under the chair

01[13:50] {@Threei}  out in full

01[13:50] {@Threei}  1:3 is close enough

01[13:50] {@Threei}  here

01[13:50] {@Threei}  whew... finally decent one

01[13:51] {@Threei}  still negative but most of the sting is taken off

[13:51] {fish_49} out on trail  thanks

01[13:51] {@Threei}  yw

[13:53] {fish_49} feels like we can go lower

01[13:53] {@Threei}  Reuters: Ukraine to hike domestic gas prices by 50 pct to meet IMF demands

01[13:54] {@Threei}  heh... IMF imbeciles

[13:56] {munky} pretty good pllbk vxx

[13:56] {RonS} when the Russians roll the tanks they won't be able to fill up  :)

[13:58] {dino} miss much?

[13:59] {RonS} just a market puke...

[13:59] {fish_49} and quick bounce

01[13:59] {@Threei}  Obama advises Europe to think over diversification of energy supplies

[13:59] {RonS} idiot

[13:59] {fish_49} who is he to say that?  WTF

01[14:00] {@Threei}  Europe: Oops... how come we didn;'t think about that... Thank you, thank you

[14:00] {fish_49} Do as I say not as I do

01[14:00] {@Threei}  Reuters: Obama tells EU to do more to cut reliance on Russian gas

01[14:00] {@Threei}  EU: yess sir!!

01[14:03] {@Threei} Long Setup:  VXX  .10 break hl

01[14:03] {@Threei}  If holds  44 

01[14:06] {@Threei}  half out

01[14:06] {@Threei}  stop to .04

01[14:07] {@Threei}  closed

01[14:09] {@Threei} Long Setup:  FB  .20 break hl

01[14:09] {@Threei}  If holds  .10 

01[14:10] {@Threei}  1:1  

[14:10] {dino} data smr l .02

[14:11] {fish_49} out on trail  thanks

01[14:11] {@Threei}  slowly digging out

[14:14] {dino} stop .63

[14:14] {dino} -.39

01[14:19] {@Threei} Long Setup:  VXX  .30 break

01[14:19] {@Threei}  If holds  .20 

01[14:21] {@Threei} Long Setup:  FB  .90 break

01[14:21] {@Threei}  If holds  .80 

01[14:23] {@Threei}  no go

[14:28] {dino} data smr l .00

[14:28] {nemo} FB SoMG

[14:29] {fish_49} IMHO it has room to fall

[14:29] {nemo} you mean IYIO

[14:30] {fish_49} I stands for?

[14:31] {nemo} it probably has a gap date

[14:33] {nemo} fb coming into re-short or break out area

[14:34] {dino} lol, aren't they all

[14:34] {nemo} no, this is S3 and price resistance...it then has .25 congestion area above

[14:41] {munky} nemo, any thoughts on vxx target at close?

[14:41] {nemo} hard to say here, this volatility in the last hour is right around the 50 day average

[14:42] {nemo} IWM's 50 day is 115.31

[14:42] {nemo} not sure they'll move it much more today

01[14:42] {@Threei}  feels to me like bottom is in

[14:43] {nemo} Yeah, unlikely they crush it more

01[14:43] {@Threei} Long Setup:  WMT  .65 break

01[14:43] {@Threei}  If holds  .55 

[14:43] {dino} half out data .42, +.40

[14:43] {dino} out remaining

[14:44] {nemo} 183.49 is 50 day on SPY

[14:44] {nemo} might be a long play on vxx around 43.75

[14:44] {nemo} price support and vwap confluence

[14:49] {dino} wbai drop

[14:51] {dino} gap 35 area

[14:51] {dino} 37 area too

[14:54] {nemo} might be vwap runs here

[14:54] {fish_49} spy in breakout territory  come on run WMT Run

01[14:54] {@Threei}  seriously, is it blind or what

06[14:58] * fish_49 whispers to WMT the rest of the markets caught a Bid

01[14:59] {@Threei}  is it on a blue light special program today?

01[14:59] {@Threei}  our shares on sale in isle 9

[14:59] {fish_49} thats K-Mart Vad  your telling us your age

[14:59] {nemo} isle=aisle

[15:00] {fish_49} WMT rolling back Prices

01[15:00] {@Threei}  what's my age... I have walked the earth with dinosaurs

01[15:00] {@Threei}  well, with dino anyway

[15:00] {nemo} never heard u refer to your wife like that before

[15:00] {fish_49} I'm guessing 59  but don't worry you don't look a day over 79

01[15:01] {@Threei}  wrong guess

[15:01] {nemo} he's younger than me

[15:01] {fish_49} I was being nice  63 at least

[15:01] {fish_49} WMT sucks

[15:01] {nemo} stop digging fish

[15:05] {fish_49} KING Flop

[15:10] {fish_49} Trying WMT short at .49

[15:10] {nemo} shorting in the hole

[15:14] {nemo} fish definitely partial when u can

[15:15] {fish_49} thanks I took .05 

[15:16] {nemo} IMO, your trade depended on the indexes going lower, which is less likely given the days action

[15:17] {fish_49} I think we go lower

[15:17] {nemo} thus "partial"

[15:18] {fish_49} I scalped it  made money

[15:18] {nemo} ok

[15:22] {dino} gj

01[15:23] {@Threei} Short Setup: FB  .90 breK

01[15:23] {@Threei}  If holds  .90 

[15:23] {nemo} you mean .80?

01[15:23] {@Threei}  yes

01[15:24] {@Threei} Short Setup: FB  .80 break

[15:24] {fish_49} thought I missed it again

[15:24] {fish_49} lol

01[15:26] {@Threei}  1:1  

[15:28] {fish_49} out on trail ty

01[15:29] {@Threei}  yw

01[15:30] {@Threei}  wow

01[15:31] {@Threei}  (IT) Italy govt wins Senate confidence vote on bill to eliminate some provinces

01[15:31] {@Threei}  really?

01[15:31] {@Threei}  that's one way to deal with overspending...

[15:31] {fish_49} Business can close stores  Gov  can close Provinces?

01[15:31] {@Threei}  I suggest to try that with some of the states

01[15:32] {@Threei}  evacuate nemo and eliminate Massachusets

[15:32] {fish_49} what state would take him?

01[15:32] {@Threei}  who knows what they mean when they say eliminate, fish

01[15:32] {@Threei}  might involve thick layer of concrete

[15:33] {fish_49} in Italy I'm sure it involves burying in Concrete

01[15:33] {@Threei}  that would have a been shovel-ready project

[15:35] {cosmo} eliminate Alaska

[15:35] {fish_49} not until June

[15:36] {nemo} wow.. NLRB rules "scholarshipped players" in college are employees and can unionize....

[15:36] {fish_49} yep

01[15:39] {@Threei}  careful cosmo... Alaska is last frontier between us and Russia

[15:40] {nemo} we'll send Les, that will screw them up

[15:40] {cosmo} we still have canada

01[15:40] {@Threei}  you do... we don't

[15:40] {cosmo} sorry

[15:41] {nemo} sorry Munk man, vxx didn't quite make it to .75

01[15:41] {@Threei}  and if you disregard that, we... we... we will evacuate nemo to California

01[15:41] {@Threei}  that'll show you

[15:41] {nemo} fuck you...I'm not going

01[15:41] {@Threei}  who is asking youi

[15:41] {fish_49} He would fit right in with the other fruit loops

[15:41] {nemo} who's gonna' move me?

[15:42] {cosmo} Calif is waiting

01[15:42] {@Threei}  not sure, we will consult Stalin's book "how to relocate whole nations"

[15:42] {cosmo} through the golden gate

01[15:42] {@Threei}  Crimea tatars disagreed too

01[15:42] {@Threei}  much good it did for them

[15:43] {nemo} well, he does relocate the whole nation, half die on the trains 

01[15:43] {@Threei}  see?

01[15:43] {@Threei}  you have 50% chance of survival

01[15:43] {@Threei}  and it's better than staying in mssachusets while it's being eliminated

01[15:44] {@Threei}  billy... missed a few winners, including 1:3er

[15:44] {_billy_d} oh man, bummer

[15:45] {_billy_d} that's the problem with trading, it doesn't adhere to my schedule :)

01[15:46] {@Threei}  didn't fully rectify morning losses but filled up a hole noticeably

[15:47] {_billy_d} yeah, it would have helped

[15:47] {_billy_d} glad to hear for you guys

[15:48] {cosmo} Gold testing 1300 fwiw

[15:50] {dino} calling it a day, thx all, good one 

01[15:50] {@Threei}  wtg dino... we will catch up with you tomorrow

[15:51] {dino} no doubt

[15:51] {thomcbell} night

01[15:51] {@Threei}  cosmo... gold has no business staying over 1000, IMO

[15:51] {_billy_d} bye all

[15:52] {cosmo} oh

[15:54] {cosmo} so...there's  more gold than we think?

[15:54] {cosmo} like in the phillipines?

01[15:54] {@Threei}  not necessary... but it will vost less than many think

01[15:55] {@Threei}  cost

01[15:55] {@Threei}  thanks all, have a good evening

01[15:55] {@Threei}  see you tomorrow

[15:55] {cosmo} yea...this weakness would indicate that...