Tuesday, April 15, 2014

Apr 15 2014

Nice day with many strong trades, 1:3 and 1:4. As market moved up and down, so changed our direction in a close tune. Nothing exotic, usual suspects: GDX, C, JPM, EBAY, YHOO, TZA, IWM...

Session Time: Tue Apr 15 00:00:00 2014

[08:46] {cosmo} wow precious metals
01[08:46] {@Threei}  serious rug pull
[08:47] {thomcbell} pretty wild
01[08:50] {@Threei}  I don't see much news on it
[08:51] {thomcbell} apparently GS had a negative piece and i have not found it but something negative china related
[08:51] {cosmo} someday that mystery hold of gold will be revealed that will cut the market in half...nervous spikes in the mean time...
01[08:52] {@Threei}  I see World Gold Council comments on China and gold, mostly positive (but what else to expect from them)
[08:55] {cosmo} i do like Si below 19 btw...especially mercury dimes (my favorite)
[09:00] {dino} gm
01[09:00] {@Threei}  hey dino, welcome back
[09:01] {dino} ty, i trust you made $$$ while i was away
01[09:01] {@Threei}  we did
[09:01] {dino} i expect nothing less, :)
01[09:03] {@Threei}  overakll, business as usual... more or Russia, less of Ukraine, more of sanctions, less of common sense...
01[09:03] {@Threei}  or = of
[09:16] {Les} gm
01[09:17] {@Threei}  les :)
[09:18] {Les} stop smiling this is serious
01[09:18] {@Threei}  this is serious smile
[09:18] {Les} SPY DBI potential here
01[09:18] {@Threei}  and GDX
[09:19] {Les} ah yes serious ass kicking in futures
[09:22] {RonS} howdy y'all
01[09:23] {@Threei}  ron :)
[09:26] {ese} mornin
01[09:27] {@Threei}  ese :)
[09:28] {ese} expecting anything new and exciting today
[09:28] {nemo} you mean like an intelligent comment from you......no
[09:28] {ese} ouch
[09:28] {nemo} sorry, I'm in a bad mood
[09:29] {ese} lol
[09:29] {nemo} get my email
[09:29] {nemo} ?
[09:29] {ese} ya but.......that how I know you like me
[09:29] {nemo} ;-)
[09:29] {ese} no....when did you send it
[09:30] {nemo} yesterday I think
[09:30] {nemo} gmail
01[09:31] {@Threei} Short Setup: GDX  .75 break
01[09:31] {@Threei}  If holds  .85
01[09:32] {@Threei} Long Setup:  C  .05 break
01[09:32] {@Threei}  If holds  .95
01[09:32] {@Threei}  change to 48 break
[09:33] {ese} bloody hell...damn computer connections
01[09:33] {@Threei}  stop under .90
01[09:33] {@Threei}  trail to .94 after .05 break
01[09:34] {@Threei}  .94 now
01[09:35] {@Threei}  half out
01[09:35] {@Threei}  1:1
[09:36] {Les} 50 day looks good target
[09:36] {ese} L schw .99
01[09:37] {@Threei}  1/4 more out
[09:37] {Les} yep
01[09:38] {@Threei}  1:2
01[09:38] {@Threei}  GDX stop to .81
[09:39] {nemo} op ex activity
01[09:39] {@Threei}  1:3
[09:40] {Les} out .28 ty
01[09:40] {@Threei}  out C
01[09:40] {@Threei}  1:1  GDX
[09:43] {thomcbell} ko looking to short a setup
[09:44] {nemo} wlt 53% short float
01[09:44] {@Threei}  with such gap down, GLD not even trying to bounce
01[09:45] {@Threei} Short Setup: C  .40 break
01[09:45] {@Threei}  If holds  .45
01[09:47] {@Threei}  Russian paramilitary leaders in eastern Ukraine caught on tape communicating with Moscow
[09:47] {thomcbell} yhoo 33.80 long break
[09:48] {nemo} quite the bear trap yesterday afternoon
01[09:49] {@Threei}  GLD closed balance
01[09:49] {@Threei}  GDX
[09:49] {thomcbell} yhoo 1:1
01[09:49] {@Threei}  this must be the most ridiculous headline of the day:
01[09:49] {@Threei}  US, Germany, France ready to help Ukraine develop agriculture sector
[09:49] {nemo} they're killing the put holders
01[09:50] {@Threei}  before or after it ceases to exist?
[09:50] {cosmo} what to grow i wonder....
01[09:50] {@Threei}  out C, not ready yet
[09:51] {ese} gotta feed armys
01[09:52] {@Threei}  White House: US not considering providing military aid to Kyiv
[09:52] {ese} 1 min higher low schw
01[09:52] {@Threei} Short Setup: GLD  .60 break
01[09:52] {@Threei}  If holds  .70
[09:52] {Les} short c
[09:52] {ese} gotta hand it to Puttin....reading Obama like the back of his hand
01[09:53] {@Threei}  totally
01[09:53] {@Threei}  and the rest of the West as well
[09:54] {dino} db hl l .55
[09:54] {ese} yup......fighting in Afghanistan and Iraq......has soffened us up....no stomach for getting involved anymore
01[09:55] {@Threei}  well, one thing I can agree with Obama on is, it's time for Europe to solve the problems in its own backyard without handing it to USA
[09:55] {ese} true
01[09:56] {@Threei}  GLD is valid still
01[09:57] {@Threei}  (US) Police in Boston, Masssachussets are investigating reports of a possible pipe bomb near south station - Boston glob
01[09:57] {@Threei}  great
01[09:57] {@Threei}  on anniversary of the Boston bombing
[09:58] {cosmo} it went off?
01[09:58] {@Threei}  no
01[09:58] {@Threei}  report of sighting bomb-like device, I understand
[09:59] {ese} had a pipe bomb got off in my basement 4 weeks ago
[09:59] {ese} water all over the damn place
01[09:59] {@Threei}  Invalidated  GLD
01[09:59] {@Threei}  *(US) APR NAHB HOUSING MARKET INDEX: 47 V 49E -
[10:01] {dino} met hl l .03
01[10:02] {@Threei}  NY AG Schneiderman opens an investigation into Herbalife ($HLF), has two whistleblowers
[10:02] {thomcbell} yhoo im flat guys
01[10:05] {@Threei}  People participating in the food stamp program outnumbered the women who worked full-time, year-round in the United States in 2012, according to data from the Department of Agriculture and the Census Bureau
01[10:05] {@Threei}  Obama: Winning!
[10:05] {ese} out schw .37 +.38
[10:05] {dino} gj
[10:06] {ese} tks dino....1200 shs of the little blighters
01[10:06] {@Threei} Short Setup: EBAY  .60 break hl
01[10:06] {@Threei}  If holds  .70
01[10:08] {@Threei}  valid still
[10:08] {dino} out db .45 -.10
[10:10] {Les} cover half c
[10:11] {dino} met stop .89-.14
[10:11] {Les} half cover .52
01[10:12] {@Threei}  1:1
[10:15] {Les} cover quarter c
[10:18] {ese} ok....what news did i miss...whats turned the mrkt around.....or is it just the natural order of things
[10:18] {nemo} it was a short squeeze
01[10:18] {@Threei}  1:2
[10:18] {nemo} OP EX week, probably trying to get the 184 putholders out
01[10:19] {@Threei}  no news ese
01[10:19] {@Threei}  just market being market
01[10:19] {@Threei}  short squeeze first, then killing optimists
[10:19] {ese} lol
[10:19] {Les} all out C +.36
01[10:19] {@Threei}  market is a giant washing machine never stopping working
01[10:19] {@Threei}  wtg Les
[10:20] {ese} nice one Less
01[10:20] {@Threei}  rinsing one side, then rinsing another
[10:20] {Les} ty u had the right idea just tweaked the setup
[10:20] {ese} I mean Les
[10:20] {nemo} how freudian of u
01[10:20] {@Threei}  lol
[10:20] {Les} huh?
[10:20] {ese} what did you do to tweak the setup
[10:21] {nemo} you were the but of a joke Les
[10:21] {nemo} butt
[10:21] {Les} but
[10:21] {Les} I didn't get it
[10:21] {nemo} not surprised
01[10:21] {@Threei} Long Setup:  C  48 break
[10:21] {ese} Bertha!!!!! Bertha Butt.....of the Butt Sisters
01[10:22] {@Threei}  If holds  .90
01[10:23] {@Threei}  wow, not done selling yet
[10:23] {ese} damn.....I missed my long play with vxx
[10:23] {nemo} spy probably gap closes first
[10:23] {ese} and it would have been a good one to
[10:23] {Les} ebay. 32 ty
01[10:23] {@Threei}  1:3  EBAY
01[10:23] {@Threei}  out
[10:24] {Les} outta here a+
[10:24] {ese} cya les
[10:25] {nemo} what a yank job today
[10:25] {nemo} both bulls and bears got sodomized
[10:28] {ese} interesting way to look at it
[10:29] {ese} well thought out explanation and extremely discriptive
[10:29] {ese} right to the point as well
[10:29] {nemo} I try
[10:31] {dino} pretty good swing on dji 140 pts
[10:32] {ese} ya.....how do you say volitile in english
[10:32] {nemo} not that way
[10:32] {ese} lol......ok......am waiting to hear this one
[10:33] {nemo} volatile
[10:33] {ese} lol
[10:33] {ese} who da thunk it....with and a instead of i
[10:33] {nemo} anybody who knows how to spell it
[10:33] {RonS} someone who knows how to spell?
01[10:34] {@Threei}  lol
[10:34] {ese} the two of you know there are 2 g's in buggar off eh
[10:34] {dino} hig l .71
[10:35] {nemo} you offering there ese?
01[10:35] {@Threei}  I suspect they also know it's spelled "bugger"
[10:35] {ese} yup
[10:35] {nemo} mmmhhhhhh....scary
[10:35] {ese} was trying to use my scottish accent .......
[10:36] {ese} doesnt really come off when printing
01[10:36] {@Threei}  don't even try... I attempted for years to pretend my typing was actually just an accent in written form
[10:36] {nemo} probably wouldn't if you were in person either
01[10:36] {@Threei}  never worked
[10:37] {ese} L schw .02
01[10:37] {@Threei}  watching for long entry on pullback
01[10:37] {@Threei}  JPM near .90 and EBAT .30
01[10:37] {@Threei}  EBAY
01[10:38] {@Threei} Long Setup:  JPM  .95 break
01[10:38] {@Threei}  If holds  .90
[10:39] {dino} met hl l .55
01[10:40] {@Threei}  missed EBAY
[10:41] {ese} L schw avg .99
01[10:43] {@Threei} Long Setup:  EBAY  .30 break hl
01[10:43] {@Threei}  If holds  .20
01[10:43] {@Threei}  change to .25 break
01[10:44] {@Threei}  change to .20 break
01[10:44] {@Threei}  If holds  .15
01[10:45] {@Threei}  1:1  EBAY
[10:45] {ese} Les never did explain how he tweaked the C order........bastard
[10:47] {RonS} thinking he had no idea...just an expression because he did something different than 3i
[10:48] {dino} out hig .83 +.12
[10:51] {dino} ctrp smr l .33 pulp
01[10:51] {@Threei}  closed EBAY balance
01[10:52] {@Threei}  meh JPM
[10:53] {dino} ctrp no go stop -.28
[10:53] {dino} damn, rinsed
[10:54] {dino} bit whippy
[10:54] {ese} nice schw hold amid mrkt retreat.....gotta love the smell of napalm in the morning
[10:54] {dino} lol
01[10:55] {@Threei}  military developments started in Ukraine
01[10:55] {@Threei}  not widely reported yet
01[10:56] {@Threei}  troops moved in two towns taken over by pro-russian militants, there are dead
[10:57] {dino} reload ctrp .09
[10:57] {ese} use the 50
[10:57] {ese} cal
[10:58] {dino} damn, stop
[10:58] {ese} ok ok ....i will
[10:59] {thomcbell} aan 28.49 short break if holding 28.59
[11:00] {thomcbell} distregard
01[11:03] {@Threei}  US Market Update: Military Action in Eastern Ukraine Spooks Markets
01[11:03] {@Threei}  - The situation is very tense in eastern Ukraine today. Ukrainian Interior Ministry troops stormed an airfield between the cities of Slovyansk and Kramatorsk that had been occupied by local militia. Ukraine officials said the forces occupying the small airfield were elements of the Russian 45th Airborne (based by Moscow) and were not local pro-Russia protestors. Fatalities have been reported in the action
[11:06] {dino} pru hl l .16
[11:08] {dino} ctrp last try smr l .00 wide
01[11:10] {@Threei} Long Setup:  JPM  .70 break
01[11:10] {@Threei}  If holds  .60
[11:12] {dptl} good morning
[11:13] {RonS} been interesting...
01[11:13] {@Threei}  hey dp
01[11:13] {@Threei}  missed nice morning
01[11:13] {@Threei}  Invalidated
[11:13] {dptl} slept in :)
01[11:15] {@Threei}  where US tax money goes: https://pbs.twimg.com/media/BlRVz-dCcAABggJ.png
01[11:16] {@Threei}  interest on debt exceeds infrastructure expense
[11:16] {dino} rkt smr l .80
01[11:17] {@Threei}  social security, medicare/medicaid and safety net programs together are 54% of the budget
01[11:21] {@Threei} Long Setup:  JPM  .70 break
01[11:28] {@Threei}  1:1
[11:29] {dino} bco smr l .24
[11:31] {ese} what tha.....cut off again
01[11:32] {@Threei}  1:2
06[11:32] * @Threei slaps dptl around a bit with a large roll of cash
[11:37] {dptl} long so
[11:37] {dptl} SO
[11:37] {dptl} stop under 45
[11:39] {RonS} your news 3i is only going public in US now...
01[11:39] {@Threei}  yup
01[11:40] {@Threei}  I have a bit more of a direct connections :)
01[11:40] {@Threei}  in Kramatorsk aurfield shooting, four Kremlin-backed terrorists dead
01[11:41] {@Threei}  Ukrainian troops have now occupied the military airport and are blocking its entrance
01[11:41] {@Threei}  so they decided not to let Crimea scenario repeat
01[11:43] {@Threei}  problem is, Putn has plan B
01[11:44] {@Threei}  if they block this quiet takeover, it creates pretext for him to send in actual troops to protect "citizen uprizing"
01[11:45] {@Threei}  and that's what spooks the market
01[11:45] {@Threei}  actual open war
[11:47] {ese} damn...stopped schw .72 -.27
[11:47] {ese} bastard
[11:47] {dptl} got out so here
[11:54] {thomcbell} wow wynn
01[11:54] {@Threei} Long Setup:  TZA  .45 break
[11:54] {nemo} wynn is one of the most volatile stocks out there
01[11:54] {@Threei}  If holds  .35
[11:54] {nemo} think iwm goes back to vwap
01[11:56] {@Threei}  1:1
[11:57] {nemo} you believe this action since 3:30 yesterday?
[11:57] {nemo} wow
[12:04] {DetroitDan} is this the day traders room?
[12:04] {RonS} not the kind of double D's I like... :)
[12:04] {nemo} no psychopaths with homicidal tendencies
01[12:04] {@Threei}  lol
[12:05] {dino} yes
01[12:05] {@Threei}  nemo speaks for himself
[12:05] {DetroitDan} have a good day!
[12:05] {nemo} ;-)
[12:06] {nemo} was it something I said
03[12:07] * Retrieving #discussions modes...
[12:07] {dino} you guys blew him off
[12:08] {nemo} I was my usual charming self
06[12:08] * nemo wonders if Ron just spit coffee all over his monitor
[12:09] {RonS} lol
[12:13] {RonS} baby thrown out
[12:13] {RonS} BABY
01[12:13] {@Threei}  hehe
[12:19] {thomcbell} long setup pva 15.25 long break if holding 15.15
[12:20] {thomcbell} i would buy a test of the low too
01[12:21] {@Threei}  when you have 6 min, here is conversation of one of the military units operating in Donetsk pblast with Russian command center, english caption. This is absolutely professional military, with serious combat experience, nithing amateurish or self-organized about it
01[12:21] {@Threei}  https://www.youtube.com/watch?v=w2nGLiBzWZc
[12:22] {thomcbell} waiting pva
[12:22] {thomcbell} turning into a long squeeze here
[12:22] {RonS} shoo scuffed
01[12:27] {@Threei} Short Setup: EBAY  53 break
01[12:27] {@Threei}  If holds  .10
01[12:48] {@Threei} Long Setup:  TZA  .70 break
01[12:49] {@Threei}  If holds  .60
01[12:51] {@Threei}  let's tighten stops
01[12:51] {@Threei}  .64
01[12:51] {@Threei}  and .06
01[12:51] {@Threei}  very unclear here
[12:52] {dino} dia gap 160.02
[12:53] {dino} out rkt .30, +.50
01[12:54] {@Threei}  wtg
[12:54] {dino} ty
[12:54] {dptl} i am out ebay
[12:54] {dino} rko and infy seem to be hanging tough
[12:54] {dptl} dont like it
01[12:54] {@Threei}  me too
01[12:58] {@Threei}  half out TZA
01[12:58] {@Threei}  .78
[12:59] {nathan} hi gents
[13:01] {dino} naz -9% from march high
[13:01] {nathan} how was the golf dino?
[13:01] {dino} grreat
[13:02] {nathan} so stressful? ;-)
[13:02] {dino} never
01[13:03] {@Threei}  hey nathan
[13:04] {thomcbell} dino - feye if i had been shorting feye since 96 i would be covering herre
[13:04] {thomcbell} people targeting the gap
[13:05] {nemo} german market coughed up a furball into the close
[13:08] {dino} i had some trouble w/feye
[13:10] {thomcbell} thing was the short of the year
[13:10] {thomcbell} crazy
01[13:14] {@Threei}  closed TZA on a trail
[13:16] {thomcbell} feye
[13:16] {thomcbell} i couldnt pull the trigger either dino
01[13:19] {@Threei}  watching IWM for long on pullback
[13:20] {thomcbell} C 47.88 long break if holding 47.77
01[13:21] {@Threei}  Until recently, much of the toughest talk of sanctions was coming from Washington, while the Europeans were regarded as—well, wimps. But now, Berlin “is already busy coordinating the next phase of sanctions behind the scenes,” a high-ranking German government official tells Bloomberg News.
01[13:22] {@Threei} Long Setup:  IWM  .20 break
01[13:22] {@Threei}  If holds  .10
01[13:22] {@Threei}  change to .15 break
01[13:22] {@Threei}  If holds  .05
01[13:24] {@Threei}  not ready yet
01[13:26] {@Threei} Long Setup:  IWM  .95 break
01[13:26] {@Threei}  If holds  .85
01[13:27] {@Threei}  1:1
[13:28] {nathan} nice one
01[13:28] {@Threei}  very nice day overall
01[13:28] {@Threei}  a few 1:3ers earlier
01[13:28] {@Threei}  1:2
01[13:28] {@Threei}  1:3
01[13:29] {@Threei}  1:4
01[13:29] {@Threei}  out
[13:29] {dino} db l .80
01[13:31] {@Threei}  dp, you listened to that phone exchange I posted earlier?
01[13:32] {@Threei}  wow, 1:5
[13:34] {thomcbell} C 1:2
[13:34] {nemo} vwap run, they're keeping the options holders off balance
[13:36] {nemo} fall asleep yet Vad?
01[13:36] {@Threei}  no
[13:36] {nemo} I was being sardonic
01[13:37] {@Threei}  IWM trade was quite good at pumping adrenaline up
[13:37] {thomcbell} trailing C to 47.99
01[13:37] {@Threei}  and forgive me for not being able to tell when you are being sardonic
01[13:38] {@Threei}  it's not like you grace us with many other expressions of your inner self
[13:42] {nemo} yes I do...just not often
01[13:42] {@Threei}  and they are not too different from this major one {G}
[13:43] {nemo} Well, I don
[13:43] {nemo} I don't want to confuse people
01[13:45] {@Threei}  this is helpful
[13:50] {nemo} do you really want people to know the warm cuddly me
[13:50] {nemo} ?
01[13:50] {@Threei}  god, no
[13:51] {nemo} it would be like telling people Santa isn't real
01[13:52] {@Threei}  what????
[13:52] {nemo} sorry
[13:52] {nemo} oops
01[13:52] {@Threei}  oh my
01[13:52] {@Threei}  I mean...
01[13:52] {@Threei}  what???
[13:56] {nathan} lol are u real nemo?
[13:57] {nemo} whaddya' mean?
[13:58] {nemo} do I need to insult you in spanish to prove it?
[13:58] {nathan} jajajajja
[13:58] {nathan} do you follow any kinda therapy
01[13:58] {@Threei}  nathan, don't provoke him... next thing he says Easter Bunny and Tooth Fairy are not real... leave me somethingt to believe in :(
[13:58] {nathan} or u spend so many time in front of the screen
[13:58] {nemo} yes....
[13:58] {nemo} alcohol therapy
[13:59] {nathan} lol
[13:59] {nemo} Last night (book night)  1 bottle of Glenmorangie Scotch (18 yrs)  and 1 bottle of Plantation Rum
[13:59] {nemo} oh...and two bottles of wine to wash down dinner first
[13:59] {nathan} mmm sounds good
[13:59] {dino} bounce
[14:00] {thomcbell} out C 48.15
[14:00] {nemo} Holy shit...since 3:30 yesterday afternoon, the SPY has covered $7.50
[14:01] {dptl} long bmy
[14:02] {nemo} die of civilization. - Ralph Waldo Emerson
[14:02] {nemo} The end of the human race will be that it will eventually die of civilization. - Ralph Waldo Emerson
[14:06] {dino} db to .94
[14:07] {dino} tbell, nice c call
[14:08] {dino} out db +.14
[14:09] {dptl} nah...stopped mby
[14:09] {dptl} bmy
[14:14] {dptl} just rinsed me
[14:28] {dptl} watching dal .50break long
[14:34] {dptl} in
[14:38] {dptl} out some
[14:45] {dptl} and more
01[14:45] {@Threei}  good one
[14:47] {dptl} ty...finaly found one
[14:51] {thomcbell} long small data
[14:51] {dino} gj
[14:52] {thomcbell} seems like one big seller
[14:52] {thomcbell} if he lets up its going to scream
[14:52] {thomcbell} splk and feye on fire
[14:52] {dptl} out more dal
[14:56] {thomcbell} or not
01[15:00] {@Threei}  trying to discern the direction for eod
01[15:05] {@Threei} Long Setup:  TZA  .90 break
01[15:05] {@Threei}  If holds  .80
01[15:08] {@Threei}  Herbalife Ltd. Ticks higher on circulation of Dealbook piece that suggests that the investigations into the company by US authorities at this point do not appear to be leading towards implications of criminality- The piece indicates that the DOJ does not appear to be actively pursuing the criminal case, as it has not issued any grand jury subpoenas, and suggests that the FBI will defer to the FTC investigation.
01[15:12] {@Threei}  no go
[15:15] {thomcbell} DAL cery nice one
[15:15] {thomcbell} very
[15:16] {dptl} se ya tomorrow all, got to go
[15:16] {dino}  cya
01[15:16] {@Threei}  take care dp
[15:18] {dino} pru to .46
[15:20] {dino} to .64
[15:21] {dino} met to .78
[15:21] {dino} out met +.23
[15:22] {dino} out pru +.48
[15:22] {nathan} greed is the worst mate in this journey
[15:22] {nathan} i had the perfect afternoon and..
[15:23] {nathan} pissed in one trade
[15:23] {dino} ctrp to .89
01[15:23] {@Threei}  what trade?
[15:23] {dino} greeds a bitch
[15:24] {nathan} i try to short GM when I "thought" was supposed to reverse
[15:24] {nathan} mine
[15:24] {dino} ctrp to .01
01[15:25] {@Threei}  ah... the great sin of thinking
[15:25] {dino} damn, reverse slip, out ctrp .05,
[15:25] {dino} +1.05
[15:25] {nathan} yep
[15:25] {dino} on 2nd thought, nice
01[15:25] {@Threei}  question, nathan
[15:25] {nathan} go ahead
01[15:26] {@Threei}  how often is your thinking making you money vs losing?
01[15:26] {@Threei}  what happens more often?
[15:26] {nathan} dont make me feel worst
[15:26] {nathan} :-)
01[15:26] {@Threei}  why? if I don't, how will you change?
[15:26] {nathan} more often losing
01[15:26] {@Threei}  change starts with pain
[15:26] {nathan} just kidding
01[15:27] {@Threei}  that's your answer to question whether you should continue trading on your thinking
[15:27] {nathan} I agree
01[15:27] {@Threei}  and that answer is not specific to you only
01[15:27] {@Threei}  meaning, it's not that your thinking is incorrect while sxomeone else's is better
01[15:28] {@Threei}  no one's is correct in a sense of making money
[15:28] {nathan} yeah i just should react, instead of think
01[15:28] {@Threei}  we will fix it next week
[15:28] {nathan} one start thinking cmon couple more cents...
[15:28] {nathan} and then...
[15:28] {nathan} grrr
01[15:29] {@Threei}  yup
[15:29] {nathan} oh welll
[15:29] {nathan} have a good night gents
01[15:29] {@Threei}  you too
01[15:36] {@Threei} Long Setup:  IWM  .40 break hl
01[15:36] {@Threei}  If holds  .30
01[15:36] {@Threei}  Invalidated
01[15:40] {@Threei} Long Setup:  IWM  .10 break hl
01[15:41] {@Threei}  If holds  111
01[15:41] {@Threei}  last try
01[15:42] {@Threei}  nah
01[15:45] {@Threei}  ok guys, thank you all
01[15:45] {@Threei}  have a good evening, see you tomorrow
[15:46] {dino} gn all, thx for ideas

Monday, April 14, 2014

Apr 14 2014

Near perfect day, with trade after trade working like charm and a few 1:3ers, just one 6 cents stop. Not bad start for a short week.


Session Time: Mon Apr 14 00:00:00 2014
[08:53] {dptl} good morning
01[08:53] {@Threei}  dp :)
01[08:55] {@Threei}  watching Ukraine developments over the weekend?
[08:59] {dptl} was listening some on the news
[09:20] {ese} gm
01[09:20] {@Threei}  ese :)
[09:22] {RonS} bubba morning everyone...whoever dreamt up that name...
01[09:23] {@Threei}  ron :)
01[09:23] {@Threei}  I think he smoked something really storng
01[09:24] {@Threei}  C quite a gap
[09:26] {ese} whats with the S&P up a point and some......just because retails sales were up
[09:26] {ese} and C beats handily
[09:26] {nemo} technical snapback
[09:26] {ese} ahhhhhh
[09:27] {ese} should fade then
[09:27] {nemo} not today too much
[09:27] {ese} ;)
[09:27] {nemo} that's what would be expected so likely not to be a big fade today
[09:28] {nemo} gonna' be a light week, all the Jews leaving and Good Friday
01[09:28] {@Threei}  Ukraine twists and turns will make it jerky and dangerous
[09:29] {nemo} the rampl got started before 8:00 and retial sales didn't come out before 8:30
01[09:31] {@Threei} Short Setup: C  .55 break
01[09:31] {@Threei}  If holds  .65
01[09:31] {@Threei}  Invalidated
01[09:32] {@Threei} Short Setup: C  .60 break
01[09:32] {@Threei}  If holds  .70
01[09:34] {@Threei}  stop .66
01[09:35] {@Threei}  touched 1 cent from 1:1
01[09:37] {@Threei}  half out
01[09:37] {@Threei}  stop .61
01[09:38] {@Threei}  closed
01[09:39] {@Threei} Long Setup:  WMT  77 break
01[09:40] {@Threei}  If holds  .90
01[09:43] {@Threei} Short Setup: FB  .60 break hl
01[09:43] {@Threei}  If holds  .70
01[09:44] {@Threei}  1:1
01[09:47] {@Threei}  1:2
01[09:47] {@Threei}  1:3
01[09:47] {@Threei}  out
01[09:51] {@Threei}  1:1  WMT
01[09:56] {@Threei}  1:2
01[10:00] {@Threei}  No sign of crackdown as Ukraine deadline passes
01[10:00] {@Threei}  I see their red lines are the same as Obama's
[10:00] {nemo} did they send in the Wyoming cowboys?
[10:02] {cosmo} you mean Nevada?
[10:02] {nemo} it was a joke cosmo
[10:02] {nemo} cosmo=Les
01[10:02] {@Threei}  my prediction is, 1 month from now at least one province breaks off of Ukraine, possibly 3
01[10:02] {@Threei}  Donetsk is first
[10:03] {thomcbell} looking for a long setup in schw
[10:03] {thomcbell} report in am
01[10:03] {@Threei} Long Setup:  DAL  .40 break
01[10:03] {@Threei}  If holds  .30
01[10:04] {@Threei}  valid still
[10:06] {thomcbell} schw 25.11 long break
01[10:08] {@Threei}  stop to .34
01[10:08] {@Threei}  half out
01[10:08] {@Threei}  stop .39
01[10:09] {@Threei}  closed balance
[10:11] {thomcbell} C looks vulnerable Vad
01[10:13] {@Threei}  .15 break
01[10:13] {@Threei}  for C
01[10:13] {@Threei} Short Setup: C  .15 break
01[10:14] {@Threei}  If holds  .25
01[10:14] {@Threei}  Invalidated
01[10:14] {@Threei}  for now
01[10:15] {@Threei}  out last piece WMT on trail
[10:22] {thomcbell} im flat schw - break even
01[10:23] {@Threei} Short Setup: C  .20 break
01[10:23] {@Threei}  If holds  .30
01[10:24] {@Threei}  1:1
[10:28] {dptl} short dhr
[10:29] {thomcbell} pva 16 long break if holding 15.90
[10:29] {thomcbell} especially if it tightens up here between 15.95 and 16
[10:37] {dptl} out dhr
[10:41] {dptl} short dtv
[10:42] {thomcbell} pva 1:1
[10:45] {dptl} sheesh..out dtv
[10:46] {ese} in out in out in out in out in out......vxx xiv vxx xiv vxx xiv....not in that praticular order....300 shs at a time...am up 116.87...it a tough go mee thinks on a non trending day
[10:49] {dptl} watching pm, for .90 break long
01[10:50] {@Threei}  not a good idea dp
[10:50] {dptl} yeah inval
01[10:51] {@Threei}  if it it didn't invalidate, wrong setup
[10:51] {dptl} wrong?
[10:51] {thomcbell} pva 1:2
[10:54] {thomcbell} 1:3
01[10:54] {@Threei}  wtg
[10:56] {thomcbell} flat pva
01[10:57] {@Threei} Long Setup:  TZA  .30 break
01[10:57] {@Threei}  If holds  .25
[10:58] {dptl} watching pg .67 break short
01[11:06] {@Threei}  aaaand, there we go:
01[11:06] {@Threei}  Putin concerned about events in eastern Ukraine, receives appeals asking for help
01[11:06] {@Threei}  help is forthcoming
01[11:07] {@Threei}  half out TZA
01[11:07] {@Threei}  stop .29
01[11:09] {@Threei}  1:1
01[11:09] {@Threei}  14-year-old Dutch girl arrested after American Airlines threat
01[11:09] {@Threei}  what the world's coming to
01[11:09] {@Threei}  14 years old are a threat now
[11:14] {dptl} short pg
[11:18] {nemo} Qs look higher
[11:29] {dptl} out half
01[11:31] {@Threei}  forgot to post 1:2 TZA
01[11:31] {@Threei}  and out last peice now
01[11:31] {@Threei}  piece too
[11:32] {dptl} out pg....should of just take scalp for all
01[11:37] {@Threei} Long Setup:  IWM  .75 break hl
01[11:38] {@Threei}  If holds  .65
[11:45] {dptl} falling asleep here :)
01[11:47] {@Threei}  buy some GOOG, that will wake you up
[11:48] {dptl} lol...right :).....then i am not gonna be sleeping for days
01[11:48] {@Threei} Long Setup:  VXX  .15 break
01[11:48] {@Threei}  If holds  .05
[11:51] {Les} full moon photograph fever a+
01[11:53] {@Threei}  Ukraine’s president calls for deployment of U.N. peacekeeping troops
01[11:54] {@Threei}  UN: man, do something, anything, yourself first
01[11:59] {@Threei}  1:2
01[12:00] {@Threei}  not bored anymore dp?
[12:00] {ese} ok.....i'm done playing my little game today small in and out of the vxx and xiv.....216.87.......seems relatively stressless will give it a shot tomorrow and when i'm comfortable with will start posting calls
01[12:00] {@Threei}  cool
[12:01] {ese} cya vad
[12:01] {ese} ahhh...i see your L vxx.....nice one
[12:05] {nemo} when ese starts saying he's going to post calls, the saying "The blind leading the blind" comes to mind
01[12:06] {@Threei}  one more push please
01[12:07] {@Threei}  FB Reportedly looking to add money remittance feature to WhatsApp texting product
01[12:08] {@Threei}  - Facebook is looking at e-money services, including the ability for people to make peer-to-peer money transfers, using money that is stored on Facebook itself; and has applied for an e-money license in Ireland as part of that. Facebook has declined to comment on the report
06[12:20] * @Threei slaps dptl around a bit with a large roll of cash
01[12:20] {@Threei}  (UR) Russia rep to the OSCE reiterates warning to the Ukraine that force against protesters in the eastern part of Ukraine may lead to civil war
01[12:26] {@Threei} Short Setup: FB  .35 break
01[12:26] {@Threei}  If holds  .45
01[12:26] {@Threei}  1:1
01[12:26] {@Threei}  shweesh, fast
01[12:28] {@Threei}  A Russian fighter jet made multiple, close-range passes near an American warship in the Black Sea for more than 90 minutes April 12 amid escalating tensions in the region, a U.S. military official said
[12:32] {nemo} KSS looks short
[12:35] {nemo} nope, going up with market
01[12:39] {@Threei} Long Setup:  VXX  .05 break hl
01[12:39] {@Threei}  If holds  .95
01[12:47] {@Threei}  1:1
01[12:47] {@Threei}  100% day
[12:54] {nemo} spy setting up to breakout
[12:55] {dptl} short hpq
[12:56] {thomcbell} vad this is pretty wild
[12:56] {thomcbell} http://blog.petflow.com/she-walked-out-on-stage-and-blew-everyone-away-i-never-expected-this-astonishing/
[12:56] {thomcbell} check it out after market closes
01[12:57] {@Threei}  ah yes, saw it
01[12:57] {@Threei}  quite amazing
[12:58] {thomcbell} what a talent
01[12:59] {@Threei}  unique girl... after that video made first rounds, a few imitators popped up, none was even close to this mastery
[13:00] {thomcbell} him 9.54 short break if holding 9.60
[13:00] {nathan} hi gents. good afternon
01[13:00] {@Threei}  hey nathan
01[13:01] {@Threei}  1:2  VXX
[13:04] {dptl} watching abbv .65 break short
[13:07] {thomcbell} that was himx - but im cancelling the idea
[13:09] {dptl} in abbv
01[13:12] {@Threei}  1:3
01[13:12] {@Threei}  out
01[13:13] {@Threei}  who would have thought Monday of a short week, with gap up opening, wpuld turn this nice
[13:14] {nemo} vxx going to .50 probably
[13:21] {dptl} out hpq
[13:21] {nathan} back in 20min
[13:21] {dptl} out some abbv
[13:27] {dptl} done
[13:27] {dptl} is that a short week ?
[13:28] {dptl} fri closed ?
01[13:29] {@Threei}  http://www.mastertrader.com/Holiday-Stock-Trading-Schedule/
01[13:29] {@Threei}  Good Friday April 18
[13:30] {dptl} man, always something...lol
[13:31] {dptl} somehow i dont have it on my calendar, wired....google with all holidays and i dont have that one
[13:34] {dptl} finaly deside to take just scalp on hpq, and so glad :)
[13:41] {thomcbell} himx still kind of loks like a 9.54 short break
[13:41] {thomcbell} the fact that 9.60 still holds it
[13:41] {thomcbell} for so long
[13:41] {thomcbell} 0.06 cent range for an hour
01[13:55] {@Threei}  (UR) White House: We are not actively considering military aid for Ukraine- Confirms that CIA director Brennan visited Kiev over the weekend to discuss "security coordination" - President Obama to speak with Putin as soon as today.
01[13:55] {@Threei}  "Hey Vlad, golf in Crimea this weekend?"
[13:56] {RonS} "only if Dino is playing..."
01[13:56] {@Threei}  "nah, darn Ukrainians haven't constructed any single decent course over there. I have to do everything myself"
[13:57] {dptl} right :) ...i was always wondering what are they actualy talking about, then on the phone
01[13:57] {@Threei}  well, we can be reasonably sure it's not vodka... Obama doesn't strike me as type
[13:58] {dptl} lol
[13:58] {thomcbell} hennessy
01[13:58] {@Threei}  not dogs either, Putin doesn't consider what Obama has a dog at all
[13:58] {thomcbell} lol
[13:58] {dptl} lol
01[13:58] {@Threei}  he ridiculed Bush's dog
01[13:58] {@Threei}  so Obama's is not even in discussion
01[14:00] {@Threei}  http://www.businessinsider.com/george-bush-vladimir-putin-dog-2014-4
[14:10] {thomcbell} covering himx flattish here 9.50
[14:10] {thomcbell} waste of time
01[14:11] {@Threei}  yeah, on a narrow side
01[14:22] {@Threei}  HIMX Hearing Oppenheimer defends the name
01[14:23] {@Threei}  Google Inc Purchases drone maker Titan Aerospace for undisclosed sum - press- The drones can fly for 5 years without landing and could be used in areas of the world without internet access such as Africa
01[14:23] {@Threei}  what kind of energy source keeps thwem in the air that long?
[14:23] {nathan} nuclear?
01[14:23] {@Threei}  in a small drone?
[14:24] {RonS} dunno, but must drone on and on...
01[14:24] {@Threei}  lol
01[14:26] {@Threei}  so, will we ever see a cool air fight between Google drone and Amazon drone?
[14:26] {thomcbell} himx still heavy
[14:27] {nathan} watching LLY, making new lows
[14:28] {nemo} iwm almost closed the gap
01[14:29] {@Threei}  yup, watching it for bounce
[14:29] {nemo} probably they'll take spy and finnies down to pivot first
01[14:29] {@Threei} Long Setup:  IWM  .45 break
[14:30] {nemo} spy would be testing the whole number
01[14:30] {@Threei}  If holds  .40
01[14:30] {@Threei}  that was fast
01[14:30] {@Threei}  too fast
01[14:31] {@Threei}  1:1
01[14:35] {@Threei}  Israeli tech turns jellyfish into paper towels
01[14:35] {@Threei}  sheesh
01[14:35] {@Threei}  do they still sting?
01[14:35] {@Threei}  please don't turn them into toilet paper if so
[14:36] {nathan} 1:1 LLY
[14:36] {nathan} same setup as IWM
01[14:37] {@Threei}  yup
01[14:45] {@Threei} Long Setup:  WMT  .20 break
01[14:46] {@Threei}  If holds  .15
[14:46] {nemo} two way even
01[14:49] {@Threei}  SPY feels to me bottomed out
[14:49] {nemo} probably go back to vwap
[15:02] {thomcbell} come on himx
[15:05] {dptl} leaving early....see ya tomorrow all
[15:06] {nathan} rinsed
[15:08] {nathan} c u dp
01[15:08] {@Threei}  take care dp
01[15:12] {@Threei}  wow
01[15:12] {@Threei}  more selling than looked to be in cards
[15:18] {thomcbell} how about your vxx entry today
[15:19] {thomcbell} 44.05?
[15:20] {nemo} IWM trying to hold the 200 day
[15:27] {nathan} good night gents
[15:27] {nathan} hope to see you tomorrow
01[15:28] {@Threei}  take care nathan... missed great morning
[15:28] {nathan} allways miss the best part :-)
01[15:36] {@Threei}  no need to push at the end I think
01[15:36] {@Threei}  thank you all, have a good evening
01[15:36] {@Threei}  see you tomorrow

Friday, April 11, 2014

Market Week Wrap-up

TradeTheNews.com  Weekly Market UpdateThe April Correction



- Thursday and Friday had an air of resignation as market participants watched global equity indices melt and bond yields contract. Many media outlets said there was no real catalyst for the sell-off, however a quick review of some of the more bearish developments over recent days paints an ugly picture for risk assets: no extra easing from the BoJ; no stimulus from Beijing; ECB easing not a sure bet and likely a long way off; FOMC members reeling in fed fund futures expectations; fifty thousand Russian troops camped out on Ukraine's eastern border as armed pro-Russian instigators barricade themselves in government buildings; a second consecutive month of disappointing Chinese trade data; brutal contractions in mortgage issuance at JPMorgan and Wells Fargo; sky-high P/E ratios among momentum stocks. Result: all three major US indices are below their 50-day moving averages, and the Nikkei225 index is down 7.3% on the week. Europe did not suffer as much, although equities were weak on Friday. For the week, the DJIA fell 2.3%, the S&P500 dropped 2.6% and the Nasdaq tumbled 3.1%.

- The Fed minutes displayed an FOMC that was struggling to build consensus and craft a message that would keep the markets from getting ahead of themselves even while inevitable rate hikes creep closer. Several members were concerned that the market might misconstrue the upward drift in the dot chart (which charts where FOMC members sees the fed funds rate over the next three years), given several members moved their dots up a notch despite soft recent data. Several participants noted that the shift in the position of the median dot overstated the extent of the shift in the FOMC's view. More dovish sentiment was found in the line that the FOMC anticipates keeping the target rate below levels viewed as normal in the longer run, even after employment and inflation get close to the mandated levels.

- The Nasdaq led the charge higher on Tuesday and Wednesday, and then led the slide lower in the second half of the week, slipping below the psychologically important 4000 level on Friday afternoon. The usual suspects were complicit in the Nasdaq's big slide on Thursday and Friday: NFLX, TSLA, AMZN and FB fell 6-8% a piece, while BIIB was down 8%, emblematic of the biotech implosion. Twitter shares sank 10% on the week.

- Alcoa unofficially kicked off the US earnings season with a mixed first-quarter result. Alcoa topped earnings expectations but missed on the revenue line. Alcoa reaffirmed that global aluminum demand growth would be flat y/y at +7%, although it also hiked its demand growth forecasts for the aerospace and auto industries, and more generally asserted that global end-market growth remained solid.

- The first quarter headline results out of banks JPMorgan and Wells Fargo contrasted sharply. JPMorgan's earnings fell 28% y/y and the firm missed estimates for the first time in over two years (it was only its fifth miss in the last ten years). Wells Fargo beat earnings expectations in its first quarter, on a healthy y/y gain in net profit. However both firms saw big weakness in mortgage originations: JPM's issuance slid nearly 70% y/y while WFC's new home loans were down nearly two-thirds y/y during the quarter. JPM said that mortgage production would be negative in Q2 - driving a loss for the business unit - and also negative for the year.

- The IPO market was a major theme, as up to 16 companies were planning to begin trading this week making it the busiest week for IPOs since before the financial crisis. The equity correction dented enthusiasm for the new issues, and about half of the planned IPOs were put on hold due to volatility. The two biggest IPOs that did go forward - Ally Financial and hotel chain La Quinta Holdings - priced shares cautiously, below the top end of projections initially given to investors. La Quinta gained as much as 7% on Wednesday, but was only about 2% above its opening price by Friday, while Ally was about 2% below its opening price. The best performing opening was fast casual restaurant chain Zoe's Kitchen.

- Online commerce giant eBay reached a deal with Carl Icahn to end his proxy battle. In exchange for appointing Icahn's man to the board (he originally wanted two), Icahn has agreed to withdraw his PayPal spinoff proposal and will sign a confidentiality agreement, ensuring that further conversations about enhancing shareholder value stay private. eBay's CEO observed that the proxy battle was not helping shareholders or innovation, while Icahn called the deal a "win-win."

- March same-store sales were mostly in the red, as continuing bad weather kept consumers at home, although the declines were generally not as bad as projected by consensus expectations. As usual, the big outlier was Costco, where a healthy +6% comp beat expectations. In retail earnings, discount retailer Family Dollar missed top- and bottom-line expectations, cut its FY14 outlook and warned it would lower prices on a wide range of items.

- WTI crude futures saw strong gains this week, rising to $104.44 from around $101 on Monday, coming within a few cents of a fresh multi-year high. Several factors were at work. Ukraine tensions have ratcheted up since armed pro-Russia protestors seized administrative buildings in several eastern cities. In its March monthly report, OPEC disclosed that output declined 626K bpd on the month to 29.61M bpd. The weaker dollar also helped strengthen the contract. Brent was stable around $107 most of the week after Libya finally reached a deal with protesters to reopen occupied oil terminals. Note that the Brent-WTI spread is at its lowest level since last September.

- Greece sold its first bonds this week since March 2010, just weeks before the markets lost confidence in Athens and forced its first bail-out. This week Greece raised €3 billion in five-year bonds at a yield of just under 5% in a heavily oversubscribed issue. The yield on the Greek ten-year fell below 6%, although many pointed out that is still much too high to be affordable for a country forecast by the IMF to grow by only 0.6% in 2014 and experiencing deflation. While the Greek leadership insists there will be no need for a third rescue package, on Friday Eurogroup Chief Dijsselbloem said Athens might require a bailout program after the summer was over.

- Eurozone officials were very loquacious this week on the subject of possible non-standard measures to deal with slowing deflation. The overall tone from the ECB was that the governing council is not ready to initiate QE, although contingency plans are being made. Weidmann emphasized that extraordinary measures would be have many conditions and should target banking sector. ECB Vice President Constancio echoed his boss Draghi by again saying that April data might show inflation returning to growth, obviating the need for measures. ECB's Nowotny suggested that a decision on QE should not be taken until the June meeting. IMF Chief Lagarde said it would only be a matter of time before the ECB launched a program. EUR/USD was a one-way trade all week, as the pair held support around 1.3700 early on and then traded up to 1.3900.

- The BoJ policy statement on Tuesday dashed any hopes for a fresh round of QE later this month to help offset the rise in consumption tax that went into effect on April 1st. The BoJ maintained its economic assessment for the eighth time in a row, stating that the "economy is recovering moderately" and only made a passing reference to "fluctuations" related to the sales tax. Kuroda's press conference sealed the bank's passive stance, indicating the BoJ does not believe additional easing is warranted at this time and that conditions remain sufficient to achieve the 2% inflation target in the specified 2-year time frame. Already weighed down by falling US treasury yields and general risk-off sentiment, USD/JPY hit three-week lows below ¥101.50. In turn, Nikkei225 collapsed approximately 7.3% this week to its 6-month lows below 14,000. Year-to-date, the Tokyo market is down about 15%.

- China reported its second consecutive disappointing trade balance, only this time around the government was unable to blame seasonality around the Lunar New Year. Although March trade recovered from the deficit seen in February with a surplus of $7.7B, both imports and exports fell, spoiling expectations of a modest y/y increase. The authorities acknowledged softer conditions in Q1 but also remained optimistic that exports would rebound in Q2. Separately, March CPI came in line with consensus at 2.4%, reversing a trend of five consecutive months of slower price growth and allaying investors' concerns about the threat of deflation following the 13-month low of 2.0% in February. China premier Li addressed the Boao Forum on Thursday, reiterating the state council would sacrifice its 7.5% GDP target to achieve stable employment. Li also announced that Beijing would not undertake significant stimulus measures to deal with short-term market volatility.



Apr 11 2014

Somewhat of a back and forth day. A few nice juicy wins, a few stops, overall about flat or slightly positive. No complaints about the week overall.



Session Time: Fri Apr 11 00:00:00 2014
01[08:58] {@Threei}  JPMorgan Chase and Co Expect Mortgage Production pretax income to be negative for FY14
[08:58] {dptl} good morning
01[08:59] {@Threei}  dp :)
01[09:03] {@Threei}  nice beating on it
01[09:04] {@Threei}  conf call doesn't really go their way
[09:09] {cosmo} but they got bailed out for that in advance...right?
01[09:12] {@Threei}  yes but then london whale ate those funds
[09:14] {cosmo} right...certainly not those truely underwater homeowners
01[09:14] {@Threei}  nah, those are still waiting for their bailout
[09:18] {RonS} good morning gents
01[09:19] {@Threei}  ron :)
01[09:20] {@Threei}  UR) German Fin Min Schaueble: G7 agreed to resolve Ukraine crisis jointly- West would be firm if Ukraine crisis escalates; *Note: G7 responded to Russia President Putin letter to 18 European leaders that Ukraine risks halt Russian gas exports
[09:21] {ese} gm
01[09:21] {@Threei}  ese :)
01[09:24] {@Threei}  C .50 break short as opening play... let's see if it gives us a minute or two of consolidation
01[09:25] {@Threei}  nah... wouldn't wait for us
01[09:30] {@Threei} Short Setup: GLD  127 break
01[09:30] {@Threei}  If holds  .10
01[09:32] {@Threei}  stop to .06
01[09:35] {@Threei}  meh
01[09:37] {@Threei} Long Setup:  YHOO  .50 break hl
01[09:37] {@Threei}  If holds  .40
01[09:39] {@Threei}  1:1
01[09:39] {@Threei}  1:2
01[09:39] {@Threei}  1:3
01[09:40] {@Threei}  out
[09:41] {_jakecc} any shorting here at this spike?
01[09:41] {@Threei}  on what?
01[09:42] {@Threei}  YHOO, or market in general?
[09:44] {_jakecc} jeez, anything hot with small earnings... yelp, solar, tsla, z, ... or maybe this is a bounce day...
01[09:44] {@Threei}  (US) Dept of Homeland Security Official: Hackers are attempting to exploit the Heartbleed internet security exploit in targeted attacks
01[09:44] {@Threei}  we trade chart setups, jake
[09:45] {_jakecc} ok,, qihu short now at 89?
01[09:46] {@Threei} Short Setup: WMT  .90 break
01[09:46] {@Threei}  If holds  72
01[09:46] {@Threei}  89?
01[09:46] {@Threei}  it's under 88
[09:46] {_jakecc} that was fast... missed it
[09:46] {Les} IWM rising channel from April last year. Testing lower channel support today
[09:47] {nemo} did you mean hold 77 vad?
01[09:47] {@Threei}  so, if it moves $1 in 1 minm, with spread 10-20 cents, how are you going to control risk on it?
06[09:47] * Les smacks bunny boy around for stating the obvious
01[09:48] {@Threei}  also, how did you pick 89? why not short it at 86, 87 or 88?
01[09:48] {@Threei}  each of which would havbe killed you
[09:48] {_jakecc} i waited for the opening spike, never short before that
01[09:48] {@Threei}  there was a spike that took it to 86
01[09:49] {@Threei}  and it continued for 3 dollars more after that
01[09:49] {@Threei}  no go WMT
[09:49] {_jakecc} right, then I thought 89 would be a good spot to short, but it was too fast and I missed it
01[09:50] {@Threei}  ok... my point is, there should be something more than "I thought" to initiate the trade
01[09:50] {@Threei}  anf that something is technical setup
[09:51] {nemo} wmt can't get above vwap...short again
01[09:52] {@Threei}  (UR) NATO official sees Russia as seeking a full occupation of Ukraine
01[09:52] {@Threei}  idiot
[09:52] {_jakecc} ok, IBM short here, stop at 196.10?
[09:52] {_jakecc} out
01[09:53] {@Threei}  jake... we tarde certain setups, not feelings
01[09:53] {@Threei}  stidy them and watch for them
01[09:53] {@Threei}  study
01[09:53] {@Threei} Short Setup: C  .50 break
01[09:53] {@Threei}  If holds  .60
01[09:54] {@Threei}  *(US) APR PRELIMINARY UNIVERSITY OF MICHIGAN CONFIDENCE: 82.6 V 81.0E
01[09:55] {@Threei}  rinse WMT
01[09:55] {@Threei}  nemo was right
01[09:55] {@Threei}  (oh the pain)
[09:55] {nemo} vad, not to give you more indicators, but vwap tells you if institutions are gonna get involved
01[09:56] {@Threei}  what is it, "teach vad to trade" morning?
[09:56] {nemo} no
01[09:57] {@Threei}  Invalidated  C
[10:01] {_jakecc} ibm couldnt hold 196... is this a setup?
[10:01] {nemo} watch what it does in .30 area, likely bounce
01[10:02] {@Threei} Long Setup:  DAL  .20 break
01[10:02] {@Threei}  If holds  .10
01[10:06] {@Threei}  SPY is shaky here
01[10:06] {@Threei}  keeps DAL down
[10:07] {dptl} long aee
01[10:07] {@Threei}  no go
01[10:11] {@Threei} Long Setup:  TZA  .70 break
01[10:12] {@Threei}  If holds  .60
[10:15] {RonS} BREAKING NEWS: AutoNavi to be acquired by Alibaba in deal valued at $1.5 billion.
01[10:17] {@Threei}  1:1
01[10:18] {@Threei}  let's panic, market
[10:20] {thomcbell} glog 26 short break if holding 26.12
01[10:21] {@Threei}  good chart, nasty spread
[10:21] {thomcbell} disregard
[10:21] {thomcbell} kicking myself
[10:22] {thomcbell} i bought it pre-open - deal is major positive
01[10:22] {@Threei}  why, no one is around to kick?? :)
01[10:22] {@Threei}  TZA closed balance
01[10:24] {@Threei} Long Setup:  YHOO  ,10 break
01[10:24] {@Threei}  If holds  33
01[10:25] {@Threei}  1:1
[10:27] {_jakecc} would yhoo be a hold to 33.50?
[10:27] {nemo} it's all about the stop now
01[10:28] {@Threei}  1/4 more oput
01[10:28] {@Threei}  jake read this to see how we manage a trade:
01[10:28] {@Threei}  http://www.realitytrader.com/tradingroom/#instructions
01[10:28] {@Threei}  1:2
01[10:29] {@Threei}  right answer to your question is: no one knows. Trading is done by taking time-tested setups and managing the trade, not by feeling and guessing
[10:30] {nemo} now you set your stop
[10:30] {_jakecc} i'm not guessing. what i meant was last limit sell of last 1/2 of shares at 33.50
01[10:31] {@Threei}  please read the link I gave you
[10:31] {nemo} risk control Jake, set your stop
[10:31] {nemo} that's all you can control
01[10:31] {@Threei}  1:3
01[10:32] {@Threei}  my a$$ is out
[10:32] {nemo} did Les leave?
06[10:32] * @Threei slaps nemo around a bit with a large roll of cash
01[10:33] {@Threei}  now you've done it nemo... upset a new guy
01[10:34] {@Threei}  by insulting suggestion to set a stop
[10:34] {Les} http://armstrongeconomics.com/2014/04/11/socialism-at-its-best-how-to-destroy-the-wealth-of-a-nation/
[10:34] {Les} nah, reading
[10:36] {nemo} ah well
[10:36] {dptl} watching zion .10 break short
01[10:36] {@Threei}  EUR/USD (EU) ECB's Coeure: The stronger the Euro currency becomes, the greater need there is to be accomodative in monetary policy
01[10:36] {@Threei}  imbecile
[10:40] {RonS} wow, look yhoo dump
01[10:40] {@Threei}  right from our exit point
01[10:40] {@Threei}  never reaching that coveted .50
[10:43] {thomcbell} oh my gild
[10:43] {thomcbell} what a move from the open
[10:50] {dptl} watching mrk .20 long
[10:51] {dptl} missed
01[10:51] {@Threei}  NQ Muddy Waters' Block: Company making excuses is further proof it is a fraud
[10:51] {thomcbell} vjet 15.25 short break if holding 15.40
[10:53] {thomcbell} cancelling this one
[10:53] {thomcbell} too banans
01[10:55] {@Threei}  crap
01[10:55] {@Threei}  had IWM .60 break alert prepared
01[10:55] {@Threei}  it broke in one sharp spike, so I waited for pullback
01[10:55] {@Threei}  guess what... still waiting
[10:56] {dptl} long gnw
01[10:56] {@Threei}  50 cents in one swoop
01[11:05] {@Threei} Long Setup:  IWM  .80 break hl
01[11:05] {@Threei}  If holds  70
[11:08] {nemo} herky jerky action
[11:08] {nemo} not surprising after yesterday
01[11:08] {@Threei}  no go
[11:10] {thomcbell} darn it glog
[11:10] {thomcbell} shoould have kept watching
[11:12] {goinshort} morning all !
01[11:12] {@Threei}  hey gs
[11:12] {goinshort} V !
01[11:15] {@Threei}  new high is coming on SPY, most likely... after that, watching VXX for bounce
[11:15] {nemo} they're closing gap in finnies
01[11:26] {@Threei} Long Setup:  JPM  .70 break
01[11:26] {@Threei}  If holds  .60
[11:26] {thomcbell} gild looks like it wants higher
01[11:27] {@Threei}  change to .65 break
01[11:27] {@Threei}  Invalidated
01[11:29] {@Threei} Long Setup:  JPM  .55 break
01[11:29] {@Threei}  If holds  .45
06[11:31] * @Threei kicks JPM in the rear
06[11:32] * @Threei hopes part of that kick hit Dimon
01[11:32] {@Threei}  1:1
[11:37] {dptl} short xom
[11:41] {dptl} stopped...cant beleive i didt get filled at .50
[11:42] {dptl} its just wiped me out
01[11:42] {@Threei}  lunch time trading, why not take .51
01[11:42] {@Threei}  don't let it get away
[11:42] {nemo} yeah, whole numbers are dangerous
[11:42] {dptl} hapend so fast i couldt
01[11:42] {@Threei}  also, it did hit 1:1, why don't youi trail?
01[11:43] {@Threei}  whether you get your fill or not, trail is in order after 1:1
[11:43] {dptl} so fast ...total scrude up
[11:44] {dptl} had 1:1 and lost .12c boy oh boy
01[11:44] {@Threei}  you didn't have to
01[11:44] {@Threei}  you had two minutes to cover it just above .60
01[11:45] {@Threei}  what you did instead is froze in hope it drops again
[11:45] {dptl} i guess
01[11:45] {@Threei}  stop hoping and guessing, trade the rules
01[11:46] {@Threei}  each and every trade is not a creative endeavor
01[11:46] {@Threei}  just follow the procedure and let odds take care of themselves
01[11:46] {@Threei}  some trades will fail, some will work,
01[11:47] {@Threei}  on a total, sound system will keep you positive
01[11:47] {@Threei}  Start getting creative every time, you will get killed
[11:49] {dptl} short sbux
01[11:59] {@Threei}  covered?
[11:59] {dptl} out -.04
01[12:00] {@Threei}  you did it again... had 1:1 and let it get away
01[12:00] {@Threei}  shut down trading for an hour and go for a walk, you are in revenge trading pattern
[12:01] {dptl} i didt get filled if i have to punch offer it would be not even close to 1:1
[12:01] {thomcbell} glog 25.96 long break if holding 25.85
[12:01] {thomcbell} small shares
01[12:02] {@Threei}  dp... chill out, will you?
01[12:03] {@Threei}  you didn't get fill at .65
01[12:03] {@Threei}  .67 was there fior taking when it started upticking
01[12:03] {@Threei}  think it was worse idea than letting it go negative? it's a friking lunch time
[12:04] {dptl} yeah, taking a break now
01[12:04] {@Threei}  and consider this:
01[12:04] {@Threei}  the trade itself was not so compelling to beging with
01[12:04] {@Threei}  50 cents day range, and you took it right in the middle of nowhere
[12:05] {nemo} middle distance in a fight, sitting on the fence, middle of a minefield...worse places to be
[12:05] {nemo} worst
01[12:05] {@Threei}  yup
[12:05] {nemo} oh, and of course...............marriage
[12:05] {dptl} you right....
[12:06] {nemo} privyet
[12:06] {dptl} be back in an hour
[12:06] {nemo} vodka break?
[12:06] {thomcbell} glog 1:1
[12:14] {thomcbell} GLOG 1:2
01[12:15] {@Threei}  nice one
[12:19] {thomcbell} GLOG 1:3
01[12:19] {@Threei} Long Setup:  VXX  .20 break hl
01[12:19] {@Threei}  If holds  .10
[12:19] {thomcbell} Closed it glog
01[12:20] {@Threei}  good chance that we start downtrend here, but let's do hl to respect a lunch time
[12:24] {thomcbell} wow this glog is the only chart that looks like this in the whole market
01[12:27] {@Threei}  meh
01[12:36] {@Threei} Long Setup:  TZA  .70 break
01[12:36] {@Threei}  If holds  .64
[12:37] {thomcbell} eep is like glog
[12:38] {thomcbell} another good performer today
01[12:39] {@Threei}  Invalidated
[12:41] {nemo} [09:52] {nemo} wmt can't get above vwap...short again
[12:41] {nemo} oos
[12:41] {nemo} sorry
[12:41] {nemo} http://goo.gl/6WywF
01[12:42] {@Threei}  making records of pearls odf wisdom for the next generations?
01[12:42] {@Threei}  hehe... saw this one a week ago
01[12:42] {@Threei}  hillarious
[12:47] {goinshort} that was good nemo
[12:49] {nemo} http://goo.gl/waQrEJ
01[12:56] {@Threei} Long Setup:  TZA  .70 break
01[12:56] {@Threei}  If holds  .64
01[12:59] {@Threei}  Invalidated
01[13:04] {@Threei}  jerky...
01[13:05] {@Threei}  crrrap
01[13:05] {@Threei}  right idea, no clear entry
[13:05] {thomcbell} sndk 74 short break if holding 74.10
[13:11] {nathan} good afternon
[13:11] {thomcbell} no go sndk
01[13:12] {@Threei}  hey nathan
01[13:12] {@Threei}  ok
01[13:12] {@Threei}  TZA again
01[13:12] {@Threei}  third time
01[13:12] {@Threei}  same setup, .70 break long
[13:15] {dptl} short mu
[13:16] {thomcbell} nasty head and shoulders in process there
01[13:18] {@Threei}  die SPY, enouhg of these nonsense bounce attempts
01[13:20] {@Threei}  good boy
01[13:20] {@Threei}  break .10 now
01[13:21] {@Threei}  half out TZA
01[13:21] {@Threei}  1:1
01[13:26] {@Threei}  next leg down would be very much appreciated
01[13:26] {@Threei}  thank you for obliging, SPY
[13:27] {thomcbell} feye 47.80 short break if holding 47.90
01[13:27] {@Threei}  dp, are you breathing over there?
01[13:27] {@Threei}  that blue tint in your face can't be all that healthy
[13:27] {dptl} yes out half mu for now
01[13:27] {@Threei}  :)
[13:28] {thomcbell} feye cancelled for now
[13:30] {nathan} very nice TZA Vad!
[13:31] {nathan} ty
01[13:31] {@Threei}  yw sir
[13:31] {nathan} :-)
[13:31] {nathan} no more shares to sell
01[13:31] {@Threei}  hunted this frikin TZA entry for three times, two got invalidated
01[13:31] {@Threei}  third finally triggered
[13:32] {nathan} pretty nice pullback in 15min graph
[13:33] {nemo} IWM low bounce
[13:39] {nemo} things look long
01[13:40] {@Threei}  must be blue pill...
[13:41] {nemo} peyote
[13:41] {nemo} peyote was right
[13:42] {nemo} vwap runs
[13:42] {dptl} watching sbux again for short
[13:45] {dptl} inval. sbux
[13:46] {thomcbell} nice cover mu
01[13:46] {@Threei}  yeah, that was correct management
01[13:47] {@Threei}  dp needs a big bucket of ice next to his trading station
01[13:47] {@Threei}  when he keeps his head cool, he is good at finding setups
[13:47] {dptl} i covered some at .05 and out last at .15
01[13:48] {@Threei}  but when he gets hot under the collar, he is capable of destruction of two trading accounts per day
[13:49] {dptl} :) true
01[13:49] {@Threei}  I am thinking of installing a camera in his office, and a remotely controlled slapping mechanical arm
01[13:49] {@Threei}  I see him overtrading, I push a button
[13:50] {dptl} :).......watching hd short
01[13:50] {@Threei}  we can patent that device under the name "Great Trading Disciplizator"
01[13:51] {@Threei}  disciplinizator rather
[13:51] {dptl} lol...right
01[13:52] {@Threei}  just don't let nemo get his hands on it... Les might get two concussions a day
01[13:52] {@Threei} Long Setup:  WMT  .50 break
[13:56] {dptl} will try 76 break short HD
01[13:58] {@Threei}  Invalidated
[13:59] {dptl} not yet hd
01[14:05] {@Threei}  WMT reestablished
[14:09] {dptl} watching met
[14:09] {dptl} short
[14:10] {dptl} in .68
01[14:20] {@Threei}  stop .44
01[14:26] {@Threei}  out
[14:29] {nathan} GM
[14:33] {nathan} 1:1
[14:34] {nathan} 1:2
01[14:35] {@Threei} Long Setup:  AIG  .45 break
01[14:35] {@Threei}  If holds  .40
[14:35] {dptl} stop to .46 last piece met
[14:38] {dptl} to .41 now
01[14:40] {@Threei}  (UR) Meeting consisting of Russia, US, Ukraine, and EU foreign ministers scheduled for Thursday of next week
[14:40] {dptl} to .36 now
01[14:41] {@Threei}  Russian ministers pakcs a suitcase full of vodka, Ukranian - valerian drops
01[14:47] {@Threei}  dp, .31 is probably a good idea now
[14:48] {dptl} yes .31 for now.....may be it'll go to 49
01[14:49] {@Threei}  sure... just choke it
01[14:52] {@Threei}  change AIG to .40 break
01[14:52] {@Threei}  .c .32
01[14:52] {@Threei}  If holds  .32
[14:54] {dptl} ok done met
[14:54] {dptl} got to go ...have a good weekend all...see ya monday
01[14:55] {@Threei}  take care dp
[14:55] {nathan} 1:1
01[14:55] {@Threei}  1:1  AIG
01[14:56] {@Threei}  walk for some cool down does wonders, eh
[14:56] {nathan} thx sir
01[14:56] {@Threei}  yw
[15:08] {nathan} well have a nice weekend
01[15:08] {@Threei}  you too nathan
01[15:24] {@Threei}  1:2
01[15:28] {@Threei}  HLF drop
01[15:29] {@Threei}  Herbalife Ltd. Fox News's Gasparino: Herbalife is bracing for an upcoming '20/20' news magazine expose of its business practices; Herbalife has been cooperating with '20/20' but is concerned about whistle blower allegations
01[15:29] {@Threei}  Ackman: yeah baby!!
01[15:35] {@Threei} Long Setup:  MU  .20 break
01[15:35] {@Threei}  If holds  .15
[15:47] {RonS} Herbalife April 50 puts are active on the U.S. Department of Justice and the FBI have launched a criminal investigation into the company, reports The Financial Times.
01[15:48] {@Threei}  Herbalife Ltd. DOJ has initiated a criminal probe into the allegations that Herbalife is a 'pyramid scheme' - FT **Reminder: On Jan 23rd, Senator Markey (D-MA) called on the SEC and FTC regulators to investigate Herbalife over allegations raised by constituents about its MLM sales structure.
01[15:48] {@Threei}  Ackman: Markey, marry me!
01[15:53] {@Threei}  ok guys, thank you all, have a great weekend
01[15:53] {@Threei}  see you Monday



Thursday, April 10, 2014

Apr 10 2014

8 calls, 7 wins, 1 stop for 6 cents. Almost perfect day, with notable 1:4 on WMT short. When  market has a direction, it's embarrassingly easy to make money.

Session Time: Thu Apr 10 00:00:00 2014
[08:51] {thomcbell} gm
01[08:53] {@Threei}  morning thom
[08:55] {thomcbell} are u having  issue signing in today Vad?
[08:56] {cosmo} last night's after (US) market precious metals spike was stronger than usual...fwiw
01[08:56] {@Threei}  no, looks fine thom
01[08:57] {@Threei}  reaction on dowish FOMC minutes I think, cosmo
[08:57] {dptl} good morning
[08:59] {cosmo} k
01[09:00] {@Threei}  dp :)
[09:14] {dptl}  connection problem here
01[09:15] {@Threei}  huh
01[09:15] {@Threei}  contacted mark?
[09:15] {dptl} yes he said there are issues
[09:16] {thomcbell} me too
[09:17] {dptl} they have no idea for how long
[09:28] {ese} morning
[09:28] {RonS} gm
[09:28] {ese} ron
01[09:28] {@Threei}  ese, ron :)
[09:28] {ese} vad
[09:29] {ese} well...i did something stupid this morning.....started downloading the new windows 8.1 an hour and a half ago and it's still not done
[09:29] {ese} am gonna miss the opening
[09:29] {ese} doh!!!!
[09:30] {thomcbell} feye 54.80 short break
[09:31] {nemo} you're done for the day
[09:31] {dptl} you connected Thom?
[09:31] {thomcbell} no
[09:31] {thomcbell} gave it to u all
[09:32] {thomcbell} splk probably a short
01[09:32] {@Threei} Short Setup: EBAY  55 break hl
[09:32] {thomcbell} impv
01[09:32] {@Threei}  Invalidated
01[09:33] {@Threei} Short Setup: EBAY  .05 break hl
01[09:33] {@Threei}  If holds  .15
[09:34] {thomcbell} cien on short watch
[09:34] {thomcbell} 20.93 short break if holding 21
01[09:35] {@Threei}  stop to .11
01[09:35] {@Threei}  1:1
01[09:38] {@Threei}  stop to .01
01[09:38] {@Threei}  1:2
[09:38] {thomcbell} cien got 1:1
[09:39] {thomcbell} same stop
[09:41] {thomcbell} FB looking for a long setup to emerge
01[09:43] {@Threei} Long Setup:  CEAK
[09:43] {nemo} ?
01[09:43] {@Threei} Long Setup:  C  47 break
[09:43] {nemo} wow
01[09:44] {@Threei}  If holds  .90
01[09:45] {@Threei}  1:3  EBAY
01[09:45] {@Threei}  out
[09:45] {thomcbell} spwr looks vulnerable if 30 gives
01[09:45] {@Threei}  1:3  EBAY
01[09:45] {@Threei}  out
[09:45] {nemo} ya know' ebay may be an all day dripper
01[09:45] {@Threei}  grrr
01[09:45] {@Threei}  need to change keyboard
[09:46] {nemo} that 54.94ish was it's attempt to get above vwap, couldn't do it
[09:46] {thomcbell} spwr 30 short break if holding 30.10
[09:49] {thomcbell} cien 1:2
[09:49] {thomcbell} spwr 1:1
01[09:49] {@Threei}  stop to .94
01[09:49] {@Threei}  good read thom
01[09:51] {@Threei}  1:1
[09:51] {thomcbell} spwr 1:2
[09:52] {thomcbell} look to close at 29.70
[09:53] {thomcbell} spwr i would be out
[09:53] {thomcbell} 1:3
[09:53] {dptl} das working now Thom
01[09:55] {@Threei}  interesting divergence between C and JPM
[09:56] {nemo} c warned JPM reports tomorrow
[09:56] {dptl} long pg
[09:59] {thomcbell} fb 62 long break half lot if holding 61.80
[09:59] {thomcbell} too slow
[09:59] {nemo} after 4 days up I'd look for shrots
[09:59] {nemo} shorts
[09:59] {thomcbell} oh boy
[09:59] {nemo} on fb
01[10:01] {@Threei} Short Setup: WMT  .80 break
01[10:01] {@Threei}  If holds  .90
[10:04] {thomcbell} panw on short watch here
[10:04] {thomcbell} the rest of them are getting smoked
01[10:06] {@Threei}  1:1
01[10:08] {@Threei}  nice on PG, dp
[10:09] {dptl} ty
01[10:10] {@Threei}  ese... do you upgrade from Windows XP? or 7?
[10:10] {dptl} short jnj
[10:11] {ese} was from windows 8.0
[10:11] {ese} new operating system on new computer last year...strictly for trading
01[10:11] {@Threei}  I see
[10:12] {ese} don't mind it....it's nuclear fast....
[10:13] {ese} am back on line 25 mins ago
[10:13] {thomcbell} chs 16.87 long break if holding 16.77
01[10:14] {@Threei} Long Setup:  RIG  .25 break hl
01[10:14] {@Threei}  If holds  .15
01[10:14] {@Threei}  WMT stop to .76
[10:17] {dptl} half out jnj
[10:20] {ese} in
01[10:23] {@Threei}  1:1  RIG
[10:24] {thomcbell} if anyone did cien - clean it up here 20.64
[10:24] {ese} out rig ½ .35 +.09
01[10:24] {@Threei}  4 for 4 this morning... Buster, that was repeat of yesterday for you :)
[10:25] {thomcbell} but nonko down
[10:25] {thomcbell} so paper trading which is ok on one level
[10:25] {nemo} did you shut it down then reopen it?
[10:25] {thomcbell} i did
[10:25] {nemo} http://dastrader.com/support.html
[10:25] {dptl} its all good now Thom
[10:26] {thomcbell} do i need to restart the computer too?
[10:26] {nemo} no
[10:26] {dptl} you actualy have to change server, contact admin Thom
[10:27] {thomcbell} ok
[10:27] {nemo} just use that link, connect to live support
[10:28] {ese} rig stopped on balance .23 =.03
[10:28] {ese} -.03
[10:28] {ese} tks vad will take it
[10:30] {ese} 3D systems just taking a Sh....kicking
[10:32] {ese} about 8 bucks down from major support
[10:32] {ese} well...which will be resistance now
[10:38] {ese} dino ya hangin
[10:38] {nemo} he's golfing
[10:38] {ese} IMPV   21.00 haircut
01[10:38] {@Threei}  he is off till Tuesday
[10:39] {nemo} ese's off for life
[10:39] {ese} my news just says price target reduction
[10:39] {ese} lol lol lol
[10:40] {ese} i do believe you have that inate ability to drown in a parking lot puddle some days there buddy!
[10:41] {nemo} just call me Ludwig II
01[10:41] {@Threei}  Amazon.com Inc CEO: Intend to roll out Sunday delivery to large portion of US population; "Prime Air" drone program is now testing its 5th and 6th generations zones with two more generations currently being designed
[10:41] {ese} van Beethovan
[10:41] {dptl} watching cop for short
[10:42] {ese} hmmmmmmm...interesting point dp
[10:42] {nemo} Ludwig II of Bavaria..."drowned" in 6" of water on a duck pond on the castle grounds
[10:42] {dptl} in cop
01[10:42] {@Threei}  police in Vancouver on high alert
[10:42] {nemo} also known as "The Mad King"  couple dots short on the dice
01[10:42] {@Threei} Long Setup:  TZA  .40 break
01[10:42] {@Threei}  If holds  .35
[10:43] {ese} ah yess.....didn't make that connection
[10:43] {nemo} sure wasn't talking about Ludwig drums
01[10:44] {@Threei}  1:1
[10:44] {dptl} half out cop
[10:49] {ese} if I remember right...he was the dude who wasn't really mad.....he just spent the bavarian treasury until there was notheing left.......they declared him insane to get rid of him....was responsible for alot of fabulous artwork and things.....Bavaria was abosorbed into Germany
[10:49] {dptl} out balance cop
01[10:50] {@Threei}  "he just spent the bavarian treasury until there was notheing left.......they declared him insane to get rid of him" can USA do the same within next 2 years?
[10:50] {ese} hmmmmmm maybe
[10:50] {ese} not sure if i got that right but i think thats the dude
[10:51] {ese} theres a movie out on him.......brought him back from the dead to feature him in the movie i think
01[10:52] {@Threei}  1/4 more out
01[10:53] {@Threei}  stop .44
01[10:57] {@Threei}  1:2
01[10:58] {@Threei}  1:3
01[10:58] {@Threei}  out
01[11:00] {@Threei}  1:4
01[11:00] {@Threei}  not too shabby for 5 cents risk entry
[11:07] {dptl} watching cop for short again
[11:07] {dptl} .25 break
[11:09] {dptl} in
[11:12] {dptl} stopped
[11:13] {thomcbell} jpm looking for a long setup vad - report tomorrow
[11:15] {thomcbell} nothing there yet
01[11:24] {@Threei}  - BlackBerry's CEO said the company would consider exiting its handset business if it remains unprofitable
01[11:24] {@Threei}  there... said it a year ago that QNX is probably the only valuable thing remaining for them
[11:25] {dptl} short luv
[11:27] {RonS} nympho midget?
01[11:27] {@Threei}  well, after unsuccessful attempt to short cop...
[11:28] {dptl} lol
01[11:28] {@Threei}  alternatively, it might be a reference to prematute ejaculation
[11:30] {dptl} stop to .51
[11:33] {thomcbell} jpm 58.51 long break if holding 58.41 for a chop
[11:36] {thomcbell} wow jom invalidated
[11:41] {dptl} all you need is luv,,,lol half out
[11:47] {thomcbell} alk probably vulnerable here with airline theme
[11:47] {dptl} little more luv out
01[11:48] {@Threei} Long Setup:  WMT  .75 break
01[11:48] {@Threei}  .c .70
01[11:48] {@Threei}  If holds  .70
[11:58] {thomcbell} jpm 58.40 long break if holding 58.30
[12:02] {thomcbell} stopped jpm
[12:27] {RonS} .
01[12:27] {@Threei}  you might wake up someone ron
[12:27] {thomcbell} for the crazy - feye 51 short break if holding 51.10
01[12:28] {@Threei}  dp is taking a nap after his short luv
[12:28] {thomcbell} nope - interested in shorting rallies in this one
[12:43] {thomcbell} wfc 48.26 short break if holding 48.36
[12:44] {thomcbell} jpm nearing 50sma
[12:45] {thomcbell} wfc 1:1
01[12:46] {@Threei} Long Setup:  TZA  .10 break
01[12:46] {@Threei}  If holds  17
[12:52] {thomcbell} stop to 48.19 on wfc
[12:57] {thomcbell} wfc 1:2
01[12:57] {@Threei}  wtg
[12:58] {thomcbell} 1:3
01[12:58] {@Threei}  wtg x 1.5
01[12:59] {@Threei}  half out TZA
[12:59] {thomcbell} clean up wfc here
01[12:59] {@Threei}  stop to .08
[12:59] {thomcbell} jks 27.81 short break
[13:00] {thomcbell} 27.80 if holding 27.90
01[13:00] {@Threei}  Moscow warns Kyiv against building dictatorship
01[13:00] {@Threei}  now this is rich
01[13:00] {@Threei}  "We expect that Kyiv will realize that repression and police methods will not resolve the issue the country is facing. The path of building a dictatorship is unlikely to contribute to overcoming the crisis,"
01[13:01] {@Threei}  coming from country where protester get beat up, jailed or disappear routinely
[13:02] {cosmo} a sign of the times
01[13:04] {@Threei}  closed TZA on trail
01[13:04] {@Threei}  6 for 6
[13:12] {thomcbell} jpm trying to do some sort of a double bottom here
[13:12] {thomcbell} wfc much better - at least some fight there
[13:14] {thomcbell} jks 1:1
[13:16] {thomcbell} 1:2
01[13:17] {@Threei}  ugh, missed another TZA drive
[13:17] {nemo} none of the indexes have brokend their downtrends
[13:19] {thomcbell} jks 1:3
[13:19] {thomcbell} 1:4
[13:20] {thomcbell} clean it up here jks
01[13:20] {@Threei}  wtg
01[13:20] {@Threei}  you more than made up for morning connection issue, thom
[13:22] {thomcbell} im trying
[13:22] {dptl} short mu
[13:22] {dptl} .86 stop
01[13:22] {@Threei}  great day, the only regret is missing this second TZA entry
[13:22] {thomcbell} FB how about those upgrades today
[13:24] {Les} pity I missed the morning. but work is work
[13:25] {dptl} nah out flat mu...dont like it
01[13:25] {@Threei}  yeah, another good day
01[13:25] {@Threei}  Court in Milan rules former Italian PM Silvio Berlusconi will serve 1-year sentence for tax fraud doing community service
01[13:26] {@Threei}  Putin: told ya bud, should have taken Russian citizenship
01[13:26] {@Threei}  would have been drinking with Depardeu now
[13:27] {dptl} lol yeah
[13:29] {thomcbell} almost time for jpm to work
01[13:30] {@Threei}  The European Union is interested in resolving the situation in Ukraine diplomatically and without more sanctions
01[13:30] {@Threei}  noticed the shift?
[13:30] {thomcbell} jpm 57.52 long break if holding 57.46
01[13:30] {@Threei}  instead of former "what you did in Crimea is illegal and will be pinished,"
01[13:31] {@Threei}  ot's now "just don't do anything any more, and we will be fine, Crimea be damned"
01[13:31] {@Threei}  and Putin knew that perfectly in advance
01[13:32] {@Threei}  and will not stop until real pushback appears
01[13:32] {@Threei}  and ese thinks he is stupid
[13:32] {nathan} hi gents
01[13:32] {@Threei}  hey nathan
[13:33] {nathan} day for shorting?
01[13:33] {@Threei}  certainly
01[13:33] {@Threei}  although we did some good ones on long side too
01[13:33] {@Threei}  C in particular
[13:33] {nathan} but unemployment data was good?
01[13:33] {@Threei}  who cares
01[13:34] {@Threei}  you don't make money on data... you make money on market movement
[13:34] {nathan} that's true
[13:35] {dptl} watching mrk .35 break long
[13:37] {dptl} in
[13:41] {thomcbell} not giving jpm any room - 57.53 stop
[13:45] {Les} can't log in and can'^t be friked talking with tech to fix it today. a+
[13:46] {nathan} use nko.dastrader.org in setup}network
[13:46] {nathan} it happened to me too
[13:47] {thomcbell} out jpm
[13:50] {dptl} no out mrk flat....dont like it
[13:51] {nemo} I don't think  you want to think about longs
[13:51] {dptl} not yet
[13:52] {nemo} they sold heavy through lunch, that means you might get short covering near the close
[13:53] {dptl} right
[13:53] {nemo} emphasis on "might"
[13:54] {dptl} hmm mrk worked after all
01[13:55] {@Threei}  GM To add additional repair to vehicles that have been recalled for ignition switch fix; to take charge of $1.3B to cover recall - press
01[13:57] {@Threei} Short Setup: WMT  .15 break
01[13:57] {@Threei}  If holds  .20
01[13:57] {@Threei}  want .10 but would prefer aggressive entry with very tight stop
[14:04] {thomcbell} what a rinsing in jpm
[14:05] {thomcbell} gimme a break
02[14:07] * Disconnected
Session Close: Thu Apr 10 14:07:23 2014

Session Start: Thu Apr 10 14:07:23 2014
Session Ident: #discussions
02[14:11] * Attempting to rejoin channel #discussions
03[14:11] * Rejoined channel #discussions
01[14:12] {Threei}  internet disconnection
[14:12] {RonS} changing name to ese?
01[14:13] {Threei}  and getting response "no dice, he is one and only"
[14:13] {RonS} lol...true 'dat
01[14:16] {Threei}  trying WMT
01[14:17] {Threei}  stop .23
01[14:21] {Threei}  lose .10 WMT
01[14:21] {Threei}  and cascade
01[14:22] {Threei}  good boy
01[14:22] {Threei}  just please look up "cascade"
01[14:22] {Threei}  it's different frpm "slide slowly"
01[14:23] {Threei}  1:1
[14:24] {nathan} 1:1 tx vad
01[14:24] {Threei}  yw
[14:31] {thomcbell} aal 35.30 short break if holding 35.40
[14:32] {dptl} half out cmcsa
[14:33] {dptl} stop to .76...
01[14:34] {Threei}  1:2
[14:35] {thomcbell} aal 1:1
[14:40] {thomcbell} cleaning up aal
01[14:42] {Threei}  be back in 25
[14:43] {dptl} done with cmcsa
[14:47] {dptl} bounce time yet?
[14:57] {RonS} data no mercy
01[15:00] {Threei}  back
[15:03] {dptl} lol...did you hit the market Vad?
01[15:03] {Threei}  WMT, out in full
01[15:03] {Threei}  left stop in place, never tagged it while I was away
01[15:03] {Threei}  returned to 1:4
[15:03] {dptl} nice one
01[15:04] {Threei}  7 for 7... looking for one last trade but don't want it to be high risk
01[15:05] {Threei}  not to spoil perfect day
[15:09] {nemo} o.k. who in there right mind is gonna' step in front of the Polar BEAR Express
[15:10] {nemo} Les
[15:10] {nemo} then again
[15:10] {nemo} he's not in his right mind
[15:10] {nemo} there=their
[15:11] {thomcbell} wo
[15:11] {thomcbell} wow
[15:15] {dptl} watching mrk .90 long
[15:16] {nemo} dp, be careful, this day might still see a woosh down
[15:16] {dptl} small
[15:16] {dptl} .84 stop
[15:21] {dptl} out
01[15:23] {Threei} Long Setup:  TZA  .40 break
01[15:23] {Threei}  If holds  .35
[15:32] {nathan} have a good night!
[15:32] {nathan} hope to c u tomorrow
01[15:32] {Threei}  you too
01[15:42] {Threei}  ok guys, no more trades
01[15:42] {Threei}  hatnk you all, have a great evening
01[15:43] {Threei}  see you tomorrow
[15:43] {dptl} see ya tomorrow
[15:46] {thomcbell} take care guys

Wednesday, April 9, 2014

Apr 09 2014

Open break, one of riskier but very effective setups. One of three winning trades within first 20 minutes.


Bonus trade! 4th winning trade of the day, second 1:3er:


After 5 wins, TZA made 2 small stops 6 cents each, and final trade for 1:2 on IWM made up for those and then some. All in all, perfect day.

Session Time: Wed Apr 09 00:00:00 2014
[08:28] {cosmo} early to bed; early to rise; girls go out with other guys...
01[08:50] {@Threei}  unless those gilrs prefer the same cycle...
[08:53] {dptl} good morning
01[08:53] {@Threei}  dp :)
01[09:11] {@Threei}  wow if true:
01[09:11] {@Threei}  http://www.digitaljournal.com/news/politics/usa-navy-s-ability-to-make-fuel-from-seawater-a-game-changer/article/379930
[09:14] {dino} gm
01[09:14] {@Threei}  dino :)
[09:17] {RonS} howdy everyone
01[09:18] {@Threei}  ron :)
[09:18] {dino} toy story
01[09:21] {@Threei}  pearl from Russia:
01[09:21] {@Threei}  Democracy with elements of dictatorship is not unlike constipstion with elements of diarrhea
[09:22] {RonS} knew a guy, Steve Forrest, whose mother nicknamed him Woody, and he went by that name...Woody Forrest
01[09:23] {@Threei}  popular with girls I guess?
01[09:23] {@Threei}  or whoever he preferred
[09:23] {RonS} lol
[09:26] {RonS} he was a lead dog, if you know what i mean...
[09:26] {ese} morning
01[09:26] {@Threei}  ese :)
[09:26] {ese} lousy nights here....maybe 2hrs
[09:27] {ese} sleep
01[09:27] {@Threei}  gotta cut those orgies earlier...
[09:27] {dptl} lol
[09:28] {cosmo} try getting to bed earlier  :)
[09:28] {ese} ha ha .....ha ha
[09:29] {ese} went to bed at 9:30
[09:29] {dptl} faster you mean...lol
[09:29] {RonS} ...thought chocolate was toxic to canines:  BREAKING: Mars to buy P&G pet-food brands including Iams, Eukanuba for $2.9 billion
01[09:30] {@Threei} Long Setup:  C  .75 break
01[09:30] {@Threei}  If holds  .67
[09:30] {dino} damn gap higher open
01[09:32] {@Threei}  Invalidated
[09:33] {cosmo} Si (the metal) needs to hold 19.60  fwiw
01[09:34] {@Threei} Long Setup:  EBAY  .20 break
01[09:34] {@Threei}  If holds  .10
01[09:35] {@Threei}  1:1
01[09:37] {@Threei} Short Setup: WMT  78 break
01[09:37] {@Threei}  If holds  .10
[09:38] {ese} out ddd hold from yesterday .27 +.57
01[09:39] {@Threei}  wtg
[09:40] {dino} gj
01[09:40] {@Threei}  1:1
[09:41] {ese} tks.....won't be gettin back into that one again......the way it trades borders on stupid
[09:41] {nemo} perfect for u
01[09:41] {@Threei} Short Setup: JPM  .95 break
01[09:41] {@Threei}  If holds  .05
[09:42] {ese} lol
01[09:43] {@Threei}  1:2  WMT
01[09:44] {@Threei}  1:1  JPM
01[09:46] {@Threei}  closed WMT
01[09:47] {@Threei}  1:2  JPM
01[09:47] {@Threei}  1:3
01[09:47] {@Threei}  out
01[09:47] {@Threei}  crap, where is munky... I need someone's permit to go home
01[09:48] {@Threei}  not that he ever granted that
[09:48] {Les} dunno about permission
[09:48] {Les} but I am well within target for daily profit
[09:48] {Les} and the camera calls
[09:49] {dptl} short rig
[09:49] {Les} don't wanna be trading blow for blow with this goddam market again
[09:50] {Les} I'll wait and see if SPY returns to test 50 day today. A+
[09:51] {dino} nxst smr s .73 gappy
[09:51] {dptl} half out rig
[09:54] {dino} nxst stop .03-.30
[09:58] {dino} rinsed
01[10:03] {@Threei} Short Setup: GLD  .44 break
01[10:03] {@Threei}  If holds  .54
01[10:06] {@Threei}  Invalidated
01[10:08] {@Threei} Short Setup: WMT  .75 break
01[10:08] {@Threei}  If holds  .85
[10:09] {dptl} closed rig
01[10:17] {@Threei}  stop to .81
01[10:17] {@Threei}  touched 1 cent from 1:1
[10:18] {dptl} watching btu for short
01[10:18] {@Threei}  stop to .76
01[10:19] {@Threei}  no risk
01[10:19] {@Threei}  1:1
01[10:19] {@Threei}  finally
01[10:19] {@Threei}  4 for 4
[10:24] {dino} apa hl l .99
01[10:29] {@Threei}  1:2
[10:30] {dptl} btu invalidated for now
[10:33] {ese} L gtat .00
01[10:35] {@Threei}  1:3
01[10:35] {@Threei}  out
[10:35] {ese} excellent vad
06[10:36] * @Threei takes a bow
[10:36] {ese} and well you should
[10:36] {dino} gj
01[10:37] {@Threei}  ty
01[10:46] {@Threei}  http://www.businessinsider.com/heres-where-americans-think-ukraine-is-2014-4
01[10:49] {@Threei} Short Setup: FB  .10 break hl
01[10:49] {@Threei}  If holds  .20
01[10:49] {@Threei}  Invalidated
[10:51] {ese} gotta like those dots placed in America.......right on nemo
[10:51] {ese} nemo's and dino's houses
01[10:51] {@Threei}  some are in the ocean
01[10:52] {@Threei}  I guess spme small islands not visible on the map
[10:52] {dino} nxst hl s .96
[10:53] {ese} lol
01[10:53] {@Threei}  but hey... nothing surprizes me in this regard since that salesperson who thought Canada was overseas
[10:54] {ese} it's hard to see but when you place the magnifine glass on Vancouver island.....it's looks like theres one right on us....or vancouver
01[10:54] {@Threei}  lol
01[10:55] {@Threei}  ugh Buster... missed perfect morning
[10:55] {Buster} What did Imiss?
01[10:55] {@Threei}  4 wins, 2 of them 1:3ers
[10:56] {ese} that early morning drinkin will get ya every time B
[10:57] {Buster} Yikes. I'm getting an second internet for backup, so I won't miss days like this.
[10:57] {dino} cov nxst .66, +.20
[10:57] {RonS} stz selloff
[10:57] {ese} L gtat avg .94
01[10:58] {@Threei}  amaingkly, some of the dots are in USA
01[10:58] {@Threei}  amazingly
01[10:58] {@Threei}  did they really think Russia invaded continental USA, and noone noticed?
[10:58] {ese} ya...already mentioned that....right on nemo and dino's houses
01[10:58] {@Threei}  I guess some just don't understand the while concept of map
[10:59] {ese} lol
01[10:59] {@Threei}  australia is nice too
[10:59] {dino} stz sm l .26
[11:00] {RonS} caught stz for +1.23 too fast to post
01[11:00] {@Threei}  wtg
[11:00] {dptl} short hpq
[11:00] {ese} eyeouzaaaaa.....nice ron
[11:00] {dino} wtg ron
[11:00] {dptl} stop above .40
[11:01] {ese} and it's still goin ron
[11:02] {dino} going to flat
[11:02] {dino} great report
[11:03] {ese} on what dino stz
[11:03] {dino} y
01[11:03] {@Threei} Short Setup: JPM  .50 break
01[11:03] {@Threei}  If holds  .60
[11:04] {ese} Constellation Brands Inc Enters collaboration agreement with VATS Liquor to Build Robert Mondavi Brand in China - Source TradeTheNews.com
[11:04] {ese} excellent report
01[11:05] {@Threei}  (US) House of Reps Energy subcomittee approves legislation to allow for automatic approval of LNG export to WTO participants
01[11:06] {@Threei}  (US) G7 finance ministers said to be planning to meet on the sidelines of the G20 meeting on Thursday to discuss the world economy and Ukraine - and guess which one is screwed more
01[11:07] {@Threei}  STZ Recent weakness attributed to conf call comments about Q1 revenue weakness on distributors doing restocking; also sees difficult comparisions in 2H in beer segment
[11:07] {RonS} lol
[11:10] {dino} stz was stopped and re-loaded at .28
[11:14] {RonS} Canada shuts down access to online tax services due to Internet bug that makes data vulnerable to theft - @Reuters http://reut.rs/1k405gz
[11:14] {dptl} stopped hpq
[11:15] {dptl} i am not in tune today
01[11:15] {@Threei}  easy money time is over dp
[11:15] {dptl} yeah
[11:15] {RonS} become a drummer like ese...nothing to tune...
[11:16] {dptl} lol
[11:16] {nemo} not really true
[11:16] {RonS} then tell me how do you tune a symbol
[11:16] {nemo} believe it or not you have to tune drumheads
01[11:16] {@Threei}  I dunno nemo... if you ever saw ese doing that, you'd change your, umm, tune
[11:17] {dino} lol
01[11:17] {@Threei}  he just closes his eyes and start swinging those sticks wildly, sometimes hitting the drums, sometimes heads of other musicians
[11:17] {nemo} not sure I'm happy about Vad learning English
01[11:18] {@Threei}  he also hums something loudly so no screams of the colleagues penetrate his defenses
01[11:19] {@Threei}  song is over in 3 minutes but he keeps at that for 5
01[11:37] {@Threei} Long Setup:  DAL  34 break hl
01[11:38] {@Threei}  If holds  .90
01[11:46] {@Threei}  Medvedev: Total debt of Ukraine to Russia amounts to $16.6 billion
01[11:47] {@Threei}  Ukraine: so we gave you Crimea for about 30% of the price
[11:47] {dino} what, no deduction for crimea
01[11:51] {@Threei}  oh jeez... http://www.businessinsider.com/mustang-wanted-urban-climber-dangles-from-crazy-heights-2014-4
01[11:52] {@Threei}  stop to .94
01[11:55] {@Threei}  1:1
01[12:04] {@Threei}  that's 5 for 5
01[12:04] {@Threei}  someone, give me permnission to go home
[12:04] {dino} go
01[12:04] {@Threei}  thank you
01[12:20] {@Threei}  1:2
[12:21] {ese} am outta here cya tomorrow
[12:23] {dptl} will try gild .75 long...half lot
[12:25] {dptl} invalidated
[12:27] {dino} apa to .19
01[12:28] {@Threei}  Iran will never slow down its nuclear research program, the Islamic Republic's clerical supreme leader said on April 9 as negotiators from Tehran and six world powers struggled to narrow "significant gaps" blocking the way to a long-term deal.
01[12:28] {@Threei}  why would they
01[12:29] {@Threei}  no one forces them to in any way, and Ukraine case demonstrated how the state can be pushed over when it has no means to protect itself
[12:30] {dino} apa to .26
[12:30] {thomcbell} lvs 77.25 long break if holding 77.15
01[12:31] {@Threei}  out DAL
01[12:31] {@Threei}  1:3 is close enough
[12:32] {dino} out apa .28, +.29
01[12:33] {@Threei}  wtg
[12:34] {dino} ron, i owe you a corona, out stz .78, +1.50
[12:38] {thomcbell} lvs 1:1
[12:38] {dino} gj
01[12:38] {@Threei}  nice
01[12:38] {@Threei}  things work today
[12:39] {thomcbell} 1:2
[12:39] {thomcbell} kept waiting for someone to realize wynn was up 3% vs 1% lvs
[12:40] {RonS} corona wrong company, that's bud...
[12:41] {RonS} :)
[12:41] {dino} no stz bought corona off of inbev recently
[12:41] {dino} thats why sales way up
[12:41] {RonS} really...missed that
[12:42] {dino} yes
[12:42] {RonS} guess that's why bud pushing bud lime...
[12:43] {dino} in any case, mt scanner missed it, thx for the idea on it
[12:43] {dino} my
[12:53] {thomcbell} flat on lvs
[12:54] {thomcbell} feye 54.50 short break if holding 54.62
[12:57] {thomcbell} no go - but still watching it for another setup
01[13:16] {@Threei} Long Setup:  TZA  .35 break
01[13:16] {@Threei}  If holds  .30
[13:33] {dino} stz drop
[13:35] {thomcbell} tm chart - looks like investment short
[13:36] {nathan} hi gents
[13:36] {dino} hey nat
[13:37] {nathan} nice JPM
01[13:37] {@Threei}  hi nathan
01[13:37] {@Threei}  JPM?
[13:37] {nathan} 1:3 you post
01[13:38] {@Threei}  ph, you mean a trade from earlier
[13:38] {nathan} yep
01[13:38] {@Threei}  we had 5 so far, all wins
01[13:38] {@Threei}  3 of them 1:3
[13:38] {nathan} congrats!
[13:38] {dino} 2 pm fed minutes
[13:39] {dino} fyi, am leaving for golf trip tomorrow morning, back here tuesday
[13:39] {nathan} sounds kinda stressing
[13:40] {dptl} lol...yeah
[13:41] {dino} lol, not the way i play, there will be beer in the cart
01[13:41] {@Threei}  you need some anti-cotrisol measures dino
[13:41] {nathan} lol
01[13:41] {@Threei}  cortisol
[13:42] {dino} strange thing is, i will be going back there on the 17th for easter
[13:48] {thomcbell} duh feye
[13:51] {dptl} watching pg for short set up
[14:00] {dptl} invalidated of course
01[14:00] {@Threei}  *(US) MINUTES OF THE MAR 19TH FOMC MEETING:ALL MEMBERS WANTED TO REPLACE THRESHOLDS FOR FIRST RATE INCREASE
01[14:02] {@Threei}  great mystery...
01[14:02] {@Threei}  it was said to be more than a year away
01[14:03] {@Threei}  why would market spike on this line now
[14:04] {nemo} look at open book on the indexes just before the announcement...dries up completely
[14:04] {nemo} think we're just being pushed in technical directions...going for overhead gapfills
[14:05] {nemo} spy almost filling a gap at .40ish
01[14:06] {@Threei}  Committee agreed 6.5% unemployment target was 'outdated,' vote to remove was unanimous
01[14:06] {@Threei}  that's all news there is in it
[14:15] {dptl} watching pg again
[14:15] {dptl} need little consolidation here
[14:16] {thomcbell} looks like 81.32 short break
[14:16] {nemo} could short indexes here
[14:16] {dptl} if stays under .40 from now on
[14:20] {nemo} algo is cranking on the strong side
[14:22] {dptl} got small .40 break pg agresive
[14:27] {dino} stz smr l .50 break
01[14:28] {@Threei} Long Setup:  TZA  .05 break
01[14:28] {@Threei}  If holds  16
[14:28] {dino} cx stz
01[14:30] {@Threei}  ok SPY... time to drop
[14:31] {dptl} yes
[14:31] {nemo} algo still cranking on the strong side
01[14:33] {@Threei}  shaky equilibrium
01[14:33] {@Threei}  should resolve any second... or minute... or hour
01[14:33] {@Threei}  BBs tightten
[14:37] {dino} stz smr l .40
01[14:38] {@Threei}  nah
[14:38] {nathan} snif snif
01[14:39] {@Threei}  rinse
[14:46] {dptl} i"ll keep stop to.46 pg...its stuck
[14:47] {dino} out stz .20, +.80
[14:48] {dptl} nice one :)
[14:49] {dino} ty dp
[14:52] {nathan} nice dino
[14:53] {nathan} why do not fall SPY?
[14:56] {dino} ty nat
01[14:56] {@Threei}  frikin TZA
[14:58] {dptl} ok spy...all the way back to 186...come on :)
[15:06] {nemo} look at daily this is going north
[15:07] {dptl} ye...may be you right
[15:08] {nemo} technical bounce, not that it might not go south, just think probability is north
[15:08] {dino} hmmm got out of stz way early
[15:17] {thomcbell} agreed
[15:17] {thomcbell} nemo
[15:18] {thomcbell} goodnight all
[15:18] {dino} cya tbell
01[15:18] {@Threei}  take care thom
[15:18] {dino} stz feels like it wants to go to flat
01[15:24] {@Threei} Long Setup:  IWM  .05 break
01[15:24] {@Threei}  If holds  .95
01[15:24] {@Threei}  change to .95 break
01[15:24] {@Threei}  If holds  .85
[15:26] {dino} had a really good day and week, calling it a day/week. see you guys on tuesday. good luck to all
[15:26] {dino} nice spike
01[15:26] {@Threei}  have fun dino
[15:27] {dino} will do, ty
[15:27] {nathan} have fun dino
[15:27] {nathan} do not stress yourself
[15:27] {nathan} ;-)
01[15:27] {@Threei}  change to .90 break
01[15:28] {@Threei}  If holds  .80
[15:33] {nathan} Thanks Vad!
[15:33] {nathan} have  a good night
01[15:33] {@Threei}  take care nathan
01[15:34] {@Threei}  half out
01[15:34] {@Threei}  1:1
01[15:36] {@Threei}  let'smake 1:2, IWM
01[15:36] {@Threei}  and I will forgive TZA
01[15:36] {@Threei}  1:2
01[15:37] {@Threei}  good biy
01[15:37] {@Threei}  biy
[15:37] {dptl} :) nice
01[15:37] {@Threei}  boy
[15:39] {dptl} i was off today, for some reason....neutral day for me
01[15:43] {@Threei}  done for the day
01[15:43] {@Threei}  than k you all, have a great evening
01[15:43] {@Threei}  see you tomorrow
[15:43] {dptl} see ya tomorrow all :)