Friday, February 21, 2014

Feb 21 2014

Relatively quiet but fairly decent day, with enough winners to make it worth our while.

Session Time: Fri Feb 21 00:00:00 2014
[08:49] {nemo} smells in here again
[08:50] {fish_49} used tampons?    did you shower?
[08:50] {nemo} mmmh fish and feminine products, similar olfactory characteristics
01[08:52] {@Threei}  I see morning warm-up in progress
[08:52] {fish_49} lol
[08:54] {nemo} you call that a warmup, I haven't had to get out of bed yet
01[08:54] {@Threei}  best kind
[09:02] {nemo} mmmhhh...that was a jump in usd/jpy
[09:02] {nemo} breakout
[09:03] {fish_49} gonna be jerky with the G20 going on
01[09:03] {@Threei}  think they matter?
[09:03] {nemo} wow usd really ripping
01[09:04] {@Threei}  what it is they can say that would influence market
[09:04] {fish_49} they could say Booo
[09:06] {fish_49} huh dollar ripping?
[09:06] {fish_49} DX  not much of a move
[09:06] {fish_49} what symbol are you looking at?
[09:09] {fish_49} Vad  exchange rates wont have effect on USD  ?  if countries decide to mess with their rates wont that have affect on USD?
[09:09] {dino} gm
01[09:09] {@Threei}  dino :)
[09:09] {nemo} look at real-time usd/jpy on freestockcharts.com
01[09:09] {@Threei}  I don't think G20 meeting announce this kind of details
[09:11] {fish_49} yea JY  fell but the Dollar futues has not moved significantly yet
[09:12] {fish_49} JY has been in long tern down trend  and just recently bounced on an impulse move up  and is now trying to continue its trend down
[09:13] {darekj} gm all
[09:14] {RonS} hello everyone
01[09:15] {@Threei}  darek, ron :)
[09:18] {fish_49} options expiration day?
[09:19] {dino} y
[09:23] {nemo} spy volume relatively low, spy and IWM setup for up moves, finnies not so much, vix for down move
01[09:30] {@Threei} Short Setup: GM  .60 break hl
01[09:30] {@Threei}  If holds  .70
01[09:31] {@Threei}  1:1
[09:35] {nemo} watching conn, but jerky stock
[09:37] {dino} esrx sm l .28
01[09:39] {@Threei} Short Setup: GLD  .50 break
01[09:39] {@Threei}  If holds  .60
01[09:39] {@Threei}  Fed to Publish Transcripts of 2008 Meetings
01[09:40] {@Threei}  finally
01[09:40] {@Threei}  can't wait
01[09:40] {@Threei}  must be real page turner
[09:40] {RonS} took esrx .10 out .95 +.85 thanks dino
[09:41] {RonS} oof
01[09:41] {@Threei}  nice
[09:43] {dino} gj ron
[09:43] {dino} stop to .39 esrx
01[09:44] {@Threei}  1:2  GM
[09:44] {dino} to 75.28
[09:44] {dino} out esrx 75.28, +2.00
01[09:45] {@Threei}  wtg
[09:45] {RonS} wtg
[09:45] {fish_49} nice
[09:45] {dino} ty
01[09:45] {@Threei}  GM trades the same way as it makes cars... unhurriedly and steady downward
[09:46] {dino} can i go home now? (oh wait, i am home)
01[09:46] {@Threei}  hehe
[09:46] {nemo} those 2008 meetings into 2009 are probably pretty intense
[09:47] {fish_49} market movers for sure
[09:47] {dino} ois drops again
01[09:47] {@Threei}  all I want to know is whether there was any fistfight
[09:48] {fish_49} or shoes thrown
01[09:48] {@Threei}  better yet, yes
[09:49] {dino} shoes thrown, thats funny. i used to do that
01[09:50] {@Threei}  GLD is two-sided
[09:50] {dino} esrx drops again
[09:51] {thomcbell} nemo what do u have for fb pivot
[09:51] {nemo} 68.49
[09:52] {thomcbell} tu
[09:54] {dino} damn missed esrx pullback, wanted 73.50s
[09:56] {dino} lojn spike
[09:59] {dino} mrc hmmm
01[09:59] {@Threei}  *(US) JAN EXISTING HOME SALES: 4.62M V 4.67ME
01[10:01] {@Threei}  let's trail GLD to .54
[10:01] {RonS} ois sm l 93.10
01[10:01] {@Threei}  don't remember it this slow
[10:02] {thomcbell} hpq went red on earning s looking for a short entry
[10:02] {fish_49} you filled on GLD?
[10:02] {RonS} bcor sm l .53
01[10:03] {@Threei}  yes, out
[10:03] {fish_49} you filled on the long side?
01[10:03] {@Threei}  ?
01[10:03] {@Threei}  lost me
01[10:03] {@Threei}  was long on .60 break
01[10:03] {@Threei}  giot out at .54
[10:04] {fish_49} ok
[10:04] {thomcbell} hpq 29.74 break if holding 29.90
[10:04] {thomcbell} only half lot for me
01[10:05] {@Threei} Short Setup: FCX  .75 break
01[10:05] {@Threei}  If holds  .81
[10:06] {thomcbell} hpq 1:1
[10:06] {dino} bcor sm l .50
01[10:10] {@Threei} Short Setup: MCD  .88 break
[10:10] {thomcbell} fb lots of eyes on that pivot
01[10:11] {@Threei}  If holds  .98
[10:12] {RonS} ksu spike
[10:13] {thomcbell} hpq 1:2
[10:13] {dino} bcor wall .85
[10:14] {dino} esrx 75 wall
[10:14] {dino} break might be good entry, should spike
[10:14] {dino} bcor to .85
[10:15] {dino} to .89 stall
[10:16] {dino} ty ron, out bcor .86, +.36
[10:16] {RonS} idiot here...went for a year thinking those price posts were quotes...not realizing it was your stop...
[10:17] {dino} lol, sorry buddy
[10:17] {thomcbell} fb thats a start vad
01[10:17] {@Threei}  think it's ready?
[10:18] {thomcbell} not our settup
[10:18] {nemo} wanted .54 on fb only got to .56
[10:19] {thomcbell} upl 24.42 short break here if holding 24.52
01[10:20] {@Threei}  (US) The Federal Reserve has released transcripts of its 2008 minutes- January meeting PDF: http://www.federalreserve.gov/monetarypolicy/files/FOMC20080130meeting.pdf - September meeting PDF: http://www.federalreserve.gov/monetarypolicy/files/FOMC20080916meeting.pdf
01[10:20] {@Threei}  see you in two weeks
[10:20] {RonS} lol
[10:20] {dino} why 2008 minutes? long gone
01[10:21] {@Threei}  they release them in 5 years traditionally
[10:21] {nemo} history, never before released
01[10:21] {@Threei}  full transcripts of the discussion
[10:21] {dino} and that news? all hail the fed i guess
01[10:22] {@Threei}  well, if we have such new profession as Fed watcher
01[10:22] {@Threei}  there has to be what to watch :)
01[10:22] {@Threei}  flashbacks... trips down memory lane... memoirs...
01[10:23] {@Threei}  Ben making long romantic walk on the beach, hand in hand with Janet...
[10:23] {dino} yellen at her
01[10:24] {@Threei}  Kocherlakota counting stars at midnight...
01[10:24] {@Threei}  Plosser making home brew...
[10:26] {dino} and greenie on the sidelines rolling a fatty
[10:26] {nemo} wow
[10:26] {dino} flashbacks, lol
01[10:27] {@Threei}  lol
[10:27] {thomcbell} phm 20.32 long break if holding 20.22
[10:31] {thomcbell} phm 1:1
01[10:31] {@Threei}  1:1  MCD
[10:32] {fish_49} out FCX
01[10:33] {@Threei}  yep
01[10:35] {@Threei} Short Setup: WMT  73 break
01[10:35] {@Threei}  If holds  .06
01[10:38] {@Threei}  Invalidated
[10:40] {dino} cog gap fill dec
[10:43] {RonS} out bcor 20.15 +.52
[10:44] {RonS} oops .62
[10:44] {dino} gj
[10:46] {thomcbell} fb 69.20 long break vad if holding 69.10?
[10:47] {RonS} out ois 94.15 +1.05
[10:48] {RonS} wow pcyc
01[10:48] {@Threei}  I think so thom
[10:48] {nemo} gdx
[10:49] {thomcbell} out
[10:49] {thomcbell} nemo sold me his stock he bought at pivot
[10:51] {dino} alny spike
[10:53] {thomcbell} fb still looks ok nice little shakeout
[10:53] {dino} gj ron ois
[10:54] {thomcbell} swks nearing pivot
[10:54] {dino} z spike
[10:54] {thomcbell} this one im waitiing for the pattern - dont think you'll get a v bounce like FB
[10:57] {RonS} linta breakout on volume
01[10:57] {@Threei} Short Setup: MCD  .80 break
01[10:57] {@Threei}  If holds  .85
01[10:59] {@Threei}  Invalidated
[11:01] {thomcbell} FB rats vad
01[11:01] {@Threei}  yeah
[11:01] {fish_49} you took it long  right Thom?
[11:02] {thomcbell} i used a 69.09 stop
[11:13] {RonS} dino, watching rgr here...
01[11:13] {@Threei} Long Setup:  GM  .25 break
01[11:13] {@Threei}  If holds  .15
01[11:16] {@Threei}  1:1
[11:17] {fish_49} got .36
01[11:17] {@Threei}  love it when they behave like this
[11:18] {RonS} took +.12 gm thanks 3i
01[11:18] {@Threei}  :)
01[11:18] {@Threei}  ese size?
[11:19] {RonS} mini-me ese...  :)
01[11:19] {@Threei}  hehe
[11:20] {RonS} nutz wanted rgr 68.20...
01[11:24] {@Threei}  The Ukraine situation seems to have been resolved for now
01[11:24] {@Threei}  good luck with that
[11:25] {fish_49} whatch CNN tonight and follow the praise for Obama
01[11:26] {@Threei}  I can't believe how far from reality he coverage is
01[11:26] {@Threei}  Armstrong seems to be the only one who got it right
01[11:27] {@Threei}  he = the
[11:29] {RonS} wtw losing weight...
01[11:30] {@Threei}  whew... all is good in the world
01[11:30] {@Threei}  Ron is back
[11:35] {RonS} esrx acting like it wants to run the $73 stops...
[11:42] {dino} esrx smr l .70
01[11:42] {@Threei}  stop .29
01[11:46] {@Threei}  The implicit tax rate associated with Obamacare will reduce employment by an equivalent of 2.5 million jobs
01[11:47] {@Threei}  Ukrainian parliament votes to allow release of jailed opposition figure Yulia Tymoshenko
01[11:48] {@Threei}  wow... just 3 years in jail... she is no Mandela
01[11:51] {@Threei}  1/4 more out GM
01[11:51] {@Threei}  stop to.34
[11:51] {dino} back in 30
01[12:11] {@Threei}  stop to .39
[12:21] {fish_49} Obama won't Cut Social Security.  
[12:21] {fish_49} that was a no brainer.  Social Security pays for itself  if the Greedy Politicians would leave their hands off of it.
[12:22] {fish_49} Why is there always money for welfare but never money for social security
01[12:22] {@Threei}  may I as a Canadian have my share
[12:22] {fish_49} Dino you around?
01[12:23] {@Threei}  31 min since he left
01[12:23] {@Threei}  32
[12:23] {fish_49} oh  I thought he was getting back in GM at .30
[12:23] {fish_49} lol
01[12:23] {@Threei}  rofl
01[12:24] {@Threei}  that reminds me an exchange I once saw in some forum
01[12:25] {@Threei}  someone asked what BRB meant
[12:25] {fish_49} One thing I am glad about  with Obama..  He snubbed nose at china and met with Dalai Lama
01[12:25] {@Threei}  answer was: That's what vampires write on their tombstones
[12:26] {fish_49} Bring your own blood?
[12:27] {dino} y
[12:27] {dino} had to show a house. back now
[12:27] {fish_49} bad weather up there?
[12:27] {dino} rain
[12:27] {fish_49} Tornado Watch here  in February
[12:28] {dino} don't think we have to worry about that
01[12:34] {@Threei}  if nemo were a pirate: https://www.facebook.com/georgehtakei/photos/a.737221629640626.1073741825.205344452828349/880001605362627/?type=1&theater
[12:35] {fish_49} look below that  Vad
[12:35] {fish_49} More in line with Nemo
[12:35] {fish_49} Gammer Police
01[12:35] {@Threei}  lol
[12:36] {dino} nrp drop
[12:42] {fish_49} hmmmm who's turn was it to watch FB
[12:42] {fish_49} .35 break with a .46 stop
[12:44] {fish_49} out
01[12:45] {@Threei}  wtg
[12:47] {thomcbell} good one fish
01[13:00] {@Threei} Short Setup: FB  .20 break hl
01[13:00] {@Threei}  If holds  .30
01[13:06] {@Threei}  meh
[13:08] {dino} axll sm l .40
[13:19] {dino} bks spike
[13:20] {dino} halt
01[13:20] {@Threei}  BKS G Asset Management Announces Proposal to Acquire a Controlling Interest in Barnes & Noble that Values the Company at $22 per Share
[13:20] {dino} wow 22
[13:25] {RonS} Fidelity headline saying $20...
01[13:32] {@Threei}  (UR) Reportedly officials in Ukraine region of Crimea to discuss possibly declaring independence from Ukraine - Russian press
[13:34] {fish_49} is that a good thing or bad thing if they become their own nation?
01[13:35] {@Threei}  whole ukraine might be on the verge of breaking up
01[13:36] {@Threei}  Crimea is Russian-majority region
[13:39] {fish_49} is it bad or good?
[13:39] {fish_49} California wants to break up into 6 seperate states but it's not a bad thing
01[13:39] {@Threei}  this is not in good or bad categories
01[13:40] {@Threei}  this is division of the country that was a whole for about 100 years
[13:40] {fish_49} Civil War
01[13:40] {@Threei}  but there are deep cultural divisions
[13:41] {dino} bks open
[13:41] {fish_49} yea I was watching Dino
[13:41] {RonS} start reading then?
[13:41] {fish_49} it didn't behave as I would have expected
[13:42] {dino} seems they don'r belive bid coming
[13:42] {dino} r=t
[13:42] {fish_49} don't*
[13:43] {fish_49} don't worry the Grammer Police  (Nemo Toad)  is sleeping
[13:43] {RonS} know what Texans would say?...
[13:43] {fish_49} ?
[13:43] {fish_49} tell us Ron
[13:43] {nemo} watching the hockey finals
[13:43] {RonS} guess no bidness then...
[13:44] {fish_49} lol
[13:44] {fish_49} Your Texan?
[13:44] {nemo} "you're"
[13:44] {RonS} nah, spent way too much time there...
[13:44] {fish_49} God I hated West Texas
[13:44] {fish_49} spent a year there on week
[13:44] {RonS} moonscape...
[13:45] {fish_49} good point  Nemo
[13:45] {RonS} eastern new mexico even worse...
[13:45] {nemo} DC is the worst
[13:45] {fish_49} You are or You're  much different than Your
[13:45] {nemo} followed by Cambridge
[13:45] {RonS} then there is yore...
[13:46] {fish_49} what about You ins
[13:46] {fish_49} U ins
[13:47] {dino} yutes
[13:48] {RonS} during monicagate heard clinton didn't have sexual relations since in arkansas it means "sex with your relations"...
[13:48] {fish_49} she wasn't related?
[13:48] {dino} lol
[13:49] {RonS} little rock is a gawdawful place...
[13:50] {fish_49} Forrest City bad also
[13:50] {RonS} not one single major hotel there...
[13:50] {fish_49} Markets slowly deteriated
[13:50] {RonS} which one...must be 20 int te US...
[13:50] {RonS} in the
[13:50] {RonS} G Asset offers to buy 51 percent stake in Barnes & Noble or Nook
[13:51] {RonS} G Asset's offer values book retailer at $22/share
[13:52] {dino} axll stop -.25
01[13:56] {@Threei}  hmmm... that's an interesting Freudian slip:
01[13:56] {@Threei}  (US) Fed's Fisher (hawk, FOMC voter): remains a strong proponent of tapering- Furrently providing more than enough accommodation
[13:57] {RonS} hmmm...G Asset...is that a gay nympho?...
01[13:59] {@Threei}  can't get through to Canada by the phone? This is why:
01[13:59] {@Threei}  https://www.facebook.com/photo.php?fbid=611615692242668&set=a.133225540081688.24955.109133022490940&type=1&theater
01[14:08] {@Threei}  MU
01[14:08] {@Threei}  getting interesting
01[14:08] {@Threei}  why didn't I see it at .10 for short...
01[14:11] {@Threei} Long Setup:  MU  .75 break
01[14:11] {@Threei}  If holds  .65
[14:16] {thomcbell} any news on this move in mu?
[14:16] {nemo} look at the daily
01[14:17] {@Threei}  no news
[14:17] {RonS} ...summer is saved...
[14:23] {goinshort} out MU took it at .72  thanks!
01[14:23] {@Threei}  :)
[14:28] {dino} gotta hop for 45 or so
01[14:28] {@Threei}  stop to .69
[14:28] {RonS} aerobics workout?
01[14:28] {@Threei}  should have been at 1:2 by now
01[14:28] {@Threei}  lol ron
01[14:29] {@Threei}  dino doing jumping jacks
01[14:29] {@Threei}  someone put my eyes out
[14:29] {nemo} market dragging it along with the profit taking of last earnings announcement
[14:30] {thomcbell} ubnt vulnerable here
01[14:30] {@Threei}  yeah
[14:35] {thomcbell} vad us still there mu?
[14:36] {nemo} hasn't dropped .65
01[14:36] {@Threei}  I dumped it
01[14:36] {@Threei}  personal preference
01[14:36] {@Threei}  to my taste, it drags its feet too long
[14:38] {thomcbell} yes i trailed closely
[14:38] {thomcbell} once it went thru 0.80
[14:38] {thomcbell} felt there was potentially something larger going on
[14:38] {thomcbell} in market
01[14:40] {@Threei}  nemo
[14:40] {nemo} Vad
01[14:40] {@Threei}  please... shoot me
01[14:40] {@Threei}  Lawyers are arguing over whether videos of Justin Bieber urinating should be exempt from public viewing.
[14:41] {nemo} I think it's worth nuking Canada for
01[14:41] {@Threei}  either I relocate to different planet or shoot me here
01[14:42] {@Threei}  I don't even care about making it fast and painless... nothing can be more painful than this
[14:42] {fish_49} Not yet
01[14:42] {@Threei}  atrcile title is even better:
01[14:42] {@Threei}  Lawyers at odds over a view of Bieber's privates
[14:42] {nemo} I'll bring the 12 gauge
01[14:42] {@Threei}  {--- crying
[14:43] {fish_49} Beiber is a General?  How did he get Privates
[14:44] {fish_49} final notice options expire
[14:49] {thomcbell} SWKS looking to buy next pullback to 32.74ish
[14:55] {thomcbell} mu 24.65 long break vadym or is it refuse?
01[14:56] {@Threei}  chartsa is right... problem is, it's the same chart that failed last time around
01[14:56] {@Threei}  still, worth as try
01[14:56] {@Threei}  a
[15:02] {nemo} look for it to fail before .80
[15:03] {RonS} outta here...good weekend to all...congrats to the Canuckian hockey pucks...now go bottle up that freakin Artic...   ;)
[15:03] {nemo} didn't know they were Armenian
01[15:03] {@Threei}  yesss
01[15:03] {@Threei}  out
01[15:03] {@Threei}  .81
[15:03] {thomcbell} 1:2 vadym
01[15:03] {@Threei}  take care ron
01[15:03] {@Threei}  and hey
01[15:03] {@Threei}  you get to keep Bieber
[15:04] {RonS} sheesh...
01[15:04] {@Threei}  sorry... but that was the wager
[15:06] {goinshort} Sweet call on MU !!!
[15:06] {nemo} Farley took mu .65 long
01[15:06] {@Threei}  so did we
[15:07] {goinshort} took it at .69
[15:13] {nemo} his sarcasm makes me look sweet
[15:13] {fish_49} You mean Alan Farley?
[15:13] {nemo} yep
[15:14] {thomcbell} no longer interested in swks - it didnt happen as planned
[15:15] {fish_49} Ask him if he will autograph his book for me
[15:15] {fish_49} lol
[15:15] {nemo} look at the daily Thom, it's extended, and been weak all day unable to recover vwap, who in their right mind will bid it up today
[15:15] {nemo} especially given the markets
[15:15] {nemo} Les would
[15:16] {fish_49} man Les is not here  thats cold
[15:16] {fish_49} you really are a cold toad
[15:16] {thomcbell} mu 1:3
[15:16] {nemo} you have know eye deer
[15:17] {fish_49} cousin of John Dear?
[15:17] {fish_49} lol
[15:17] {nemo} vwap thom
[15:20] {nemo} mu looks like gonna' come in
[15:20] {dino} esrx to .12
[15:21] {thomcbell} tu
[15:21] {nemo} what's ur stop
[15:22] {fish_49} markets coming back
[15:22] {nemo} vwap run
[15:23] {goinshort} esxr
[15:23] {nemo} at price resistance though
[15:25] {thomcbell} nice to see mu has a pulse today
[15:25] {thomcbell} its been dead
[15:26] {nemo} look where it bottomed on the daily
[15:26] {thomcbell} 1:5
[15:26] {thomcbell} prior resistance
[15:27] {nemo} see that earnings announcement high?
[15:27] {thomcbell} yup
[15:27] {nemo} within the proverbial pube
01[15:35] {@Threei} Short Setup: GLD  .65 break
01[15:35] {@Threei}  If holds  .71
[15:36] {dino} esrx to .20
[15:38] {thomcbell} vad FB 68.74 short break if holding 68.84
[15:38] {thomcbell} have to think some are caught long
01[15:38] {@Threei}  me likey
[15:40] {nemo} long time
01[15:41] {@Threei}  1:1 FB
[15:41] {dino} uot esrx .20, +.50
[15:44] {dino} lol out
01[15:46] {@Threei}  I don't know dino... I like uot
[15:47] {dino} me too
[15:50] {fish_49} have a good weekend
[15:50] {dino} u2 fish
01[15:51] {@Threei}  thank you all
01[15:51] {@Threei}  have a great weekend, see you Monday
[15:51] {thomcbell} oh come on Fat Boy
[15:51] {thomcbell} FB
[15:51] {darekj} see you
[15:51] {thomcbell} thought it had more in it than 0.19 cents
[15:51] {thomcbell} good weekend all
[15:54] {dino} gn all
[15:55] {goinshort} cya monday

Thursday, February 20, 2014

Feb 20 2014

Classic Cup and handle setup, right from the pages of 111 Trades: http://www.realitytrader.com/111trades.html  



With a few more nice juicy trades, very nice day.

Session Time: Thu Feb 20 00:00:00 2014
[09:04] {dino} gm
[09:04] {fish_49} gm Dino
01[09:04] {@Threei}  dino, fish :)
[09:04] {fish_49} Vad
[09:05] {fish_49} nothing bad or good in the numbers
01[09:09] {@Threei}  Mt. Gox continues to crumble. Bitcoin has dropped from $950 to $150 in only 20 days on that exchange
[09:10] {fish_49} forgive my ignorance  to bitcoin value  but  can it have a different value on different exchanges?
01[09:11] {@Threei}  considering how its virtue is being decentralized, I wouldn't be surprized
02[09:17] * Disconnected
Session Close: Thu Feb 20 09:17:10 2014
09:33) Threei: Long Setup GDX .80 break
09:35) thomcbell: swks very strong
09:35) Threei: 1:1
09:36) fish_49: ty vad
09:36) Threei: yw
09:37) Threei: FB is insane
09:39) Threei: main room is back up
Session Start: Thu Feb 20 09:17:10 2014

[09:40] {darekj} gm all
01[09:40] {@Threei}  morning darer
[09:40] {fish_49} gm DJ
01[09:40] {@Threei}  you didn't get e-mail about reserve room?
[09:40] {darekj} no
[09:40] {fish_49} I didn't get it either until you replied to my message saying room was down
[09:41] {fish_49} Toad told me about it
01[09:41] {@Threei}  check your junk box
01[09:41] {@Threei}  and bookmark it for the future, http://www.realitytrader.com/tradingroom/reserve.html
[09:42] {fish_49} nothing in junk mail except porn   wonder why that is going  to junk box  damn  I need to fix that
01[09:43] {@Threei}  I didn't reply to your e-mail fish, that one that you got is the one that eas sent to everyone
[09:43] {fish_49} ahh ok
[09:43] {nemo} I'm gonna leave that one alone...say thank you Fish
[09:43] {fish_49} thank you fish
[09:44] {nemo} go preen your fins in the mirror
01[09:44] {@Threei}  FB should be ready very soon
01[09:46] {@Threei}  nah, moves faster than can type alert
[09:46] {fish_49} for continued break down?
01[09:47] {@Threei}  .50 break was bounce trigger
01[09:48] {@Threei}  MVIS Hearing recent strength attributed to circulation that Sony is to use the company's PicoP technology
[09:48] {fish_49} too fast for me  I will watch and learn
01[09:48] {@Threei} Short Setup: C  .20 break
01[09:48] {@Threei}  If holds  .30
01[09:53] {@Threei}  frikin GDX repeated setup
03[09:53] * Retrieving #discussions modes...
01[09:53] {@Threei}  1:1  C
01[09:55] {@Threei}  1:2
[09:56] {nemo} numbers
01[09:56] {@Threei}  scents
[09:56] {nemo} it's the fish
[09:57] {fish_49} dont blame me if you make money
01[09:57] {@Threei}  I thought we were just saying random words
[09:57] {nemo} I blame you for contributing to the Federal deficit
[09:57] {fish_49} naking money is random  to me
[09:57] {fish_49} making*
01[09:58] {@Threei}  you are in second winning trade today
[09:58] {fish_49} got out  +0.08
01[09:58] {@Threei}  why??
[09:58] {nemo} fear
[09:58] {fish_49} bad fill and fear  yes
01[09:59] {@Threei}  *(US) FEB PHILADELPHIA FED BUSINESS OUTLOOK: -6.3 V 10.0E
[09:59] {nemo} bad numbers I guess
[10:00] {fish_49} just a little
[10:00] {fish_49} lol
01[10:00] {@Threei}  *(US) Q4 MBA MORTGAGE DELINQUENCIES: 6.39% V 6.41% PRIOR; MBA MORTGAGE FORECLOSURES: 2.86% V 3.08% PRIOR
[10:00] {fish_49} thats good
01[10:00] {@Threei}  out in full
01[10:00] {@Threei}  1:3 is close enough
[10:01] {darekj} ty Vad
[10:02] {dino} yndx smr l .60
01[10:02] {@Threei}  yw
01[10:06] {@Threei} Long Setup:  JPM  .50 break
01[10:06] {@Threei}  If holds  .40
01[10:06] {@Threei}  change to .40 break
01[10:06] {@Threei}  If holds  .33
01[10:07] {@Threei}  no go
01[10:08] {@Threei}  Obama warns of consequences for Ukraine if violence continues
01[10:08] {@Threei}  Syria: oh yeah?
[10:08] {fish_49} what will he do?
[10:09] {fish_49} install a democrocy?
01[10:09] {@Threei}  issue another warning would be my guess
[10:10] {dino} out yndx .10, +.50
01[10:10] {@Threei}  wtg
[10:10] {fish_49} Dino  GJ  DCC
01[10:11] {@Threei}  somg C
[10:15] {RonS} comment yesterday..."the only one afraid of American power is Obama..."
[10:15] {fish_49} why somg  on C  Vad  it paid you well
01[10:15] {@Threei}  sorry... JPM
01[10:16] {@Threei}  rinse
[10:16] {fish_49} ok I learned  to love  C  so I never call it names
01[10:16] {@Threei}  lol
01[10:16] {@Threei}  now you need to stop worry
[10:21] {fish_49} wmt  s  break of .20?
[10:21] {fish_49} no good place for stop except .37
01[10:21] {@Threei}  yeah... not sure
[10:23] {dino} ccoi sm l .78
01[10:26] {@Threei} Short Setup: GLD  .75 break
[10:26] {dino} bjri sm l .60
[10:26] {fish_49} missed it
01[10:26] {@Threei}  that was fast
01[10:30] {@Threei} Long Setup:  IWM  .65 break
01[10:30] {@Threei}  If holds  .55
01[10:31] {@Threei}  1:1
[10:31] {thomcbell} lly 58 long break if holding 57.95
01[10:32] {@Threei}  too bad GLD didn't leave time to get in... 1:2
01[10:32] {@Threei}  1:2  IWM
01[10:33] {@Threei}  fish, tell me you kept this one for more than scalp
[10:33] {fish_49} I wished I could say that
01[10:33] {@Threei}  come on
[10:33] {fish_49} the truth is I was pouring a cup of coffee and missed it
[10:34] {thomcbell} lly no go
01[10:34] {@Threei}  man...
01[10:34] {@Threei}  I am about to cry
[10:34] {fish_49} me too
[10:34] {fish_49} ever see a fish cry?
01[10:34] {@Threei}  can you move that fucking coffeemaker closer to trading desk?
01[10:34] {@Threei}  it costs you too much
[10:34] {fish_49} well I usually have the wife bring it  but she was busy cleaning
[10:34] {fish_49} lol
[10:36] {fish_49} Trading Plan Mod  Insert "Bring Plenty of Java to Trade Room and Pee in Diaper if needed"
01[10:40] {@Threei}  let's try for 1:4 on IWM
[10:40] {dino} bjri stop -.14
[10:40] {fish_49} grrrr
01[10:40] {@Threei}  if SPY breaks .75, momentum should be enough to carry it
01[10:42] {@Threei}  1:3
[10:43] {nemo} just pee in your Depends fish
[10:43] {fish_49} again?
[10:44] {nemo} suck it up, sheesh
[10:48] {nemo} got quiet fast
[10:50] {dino} z gap fill
[10:50] {dino} smr l .00
[10:54] {fish_49} who wins the 11 am battle?
[10:54] {fish_49} Bulls are on top
01[10:54] {@Threei}  1:4
01[10:54] {@Threei}  over and out
[10:57] {thomcbell} nice vad
01[10:57] {@Threei}  ty
[10:59] {dino} gj
01[11:02] {@Threei}  visual: https://upload.facebook.com/RealityTrader/photos/a.237133656321317.63196.235739863127363/724237017610976/?type=1&stream_ref=10
[11:02] {thomcbell} fb might be a 66.60 long break
01[11:07] {@Threei}  better link https://www.facebook.com/RealityTrader/posts/724237370944274
[11:11] {thomcbell} fb invalid obviously
01[11:13] {@Threei} Short Setup: GDX  .20 break
01[11:13] {@Threei}  If holds  .30
[11:15] {dino} sm smr l .69
[11:20] {RonS} ois smack
[11:22] {dino} ois smr l .60
[11:23] {RonS} late post but sm l ois 97.10
[11:23] {fish_49} Vad  Step on GDX  I have a Dentist appointment and need to get ready  lol
01[11:23] {@Threei}  just a sec
06[11:23] * @Threei hits GDX over the head with 2x4
[11:24] {dino} ccoi stop -.30
06[11:24] * @Threei trips GDX and pushes it from the cliff
06[11:24] * @Threei hits GDX in solar plexus with nemo's forehead
[11:24] {fish_49} soft
[11:25] {fish_49} give it a real shove
06[11:25] * @Threei reinforces nemo's forehead with portland cement and repeats solar plexus kick
[11:26] {RonS} out ois 98.40 +1.30
01[11:26] {@Threei}  wtg
[11:26] {fish_49} wow  congrats
[11:26] {RonS} ty
[11:28] {dino} gj
[11:34] {RonS} ois re-load 96.10
[11:35] {dino} reload ois smr l .14
[11:38] {RonS} out ois 97.40 +1.30
[11:38] {dino} wtfg
[11:38] {RonS} ty
[11:38] {dino} still in
01[11:39] {@Threei}  stop to .26
01[11:39] {@Threei}  market lost momo
01[11:39] {@Threei}  out
[11:39] {fish_49} out
[11:47] {fish_49} headed  to Dentist
[11:47] {fish_49} cya tomorrow
01[11:47] {@Threei}  take care fish
[11:47] {nemo} fish has teeth?
01[11:47] {@Threei}  hello?
01[11:47] {@Threei}  heard of sharks?
[11:48] {nemo} thought he was from West Virginia
[11:48] {RonS} seen a 40 lb salmon?
01[11:49] {@Threei}  piranha?
[11:54] {dino} ty ron, out ois 98.14, +2.00
[11:56] {RonS} wtffg...
01[11:56] {@Threei}  beautiful
[11:57] {dino} :-)
[12:02] {dino} ois drop again
[12:07] {nemo} look at mjn's two day run
[12:08] {RonS} hos no bonanza
[12:09] {dino} ois smr l .25
01[12:26] {@Threei}  interesting SPY/IWM divergence
[12:35] {dino} cwei drop
[12:39] {thomcbell} ubnt 50.20 long break if holding 50.10
[12:39] {thomcbell} if it holds 50 i will do 1/2 lot
[12:40] {nemo} Op Ex
[12:43] {thomcbell} was that for me nemo op ex?
[12:46] {dino} they are destroying the smaller oil/gas/energy companies
01[12:52] {@Threei} Long Setup:  IWM  .10 break
01[12:52] {@Threei}  If holds  115
[13:06] {thomcbell} fb wow
01[13:13] {@Threei}  yeah
[13:27] {goinshort} do we still like IWM long?
01[13:28] {@Threei}  if holding 115, yeah
[13:28] {nemo} it'll probably break closer to 2
[13:29] {goinshort} thanks
[13:29] {nemo} it's holding a trend line
[13:35] {nemo} no Thom, just reminding
[13:39] {thomcbell} are you talking about vwap ?
[13:40] {nemo} no, you'll possibly get some funny action in stocks this afternoon and tomorrow depending on where max pain is in the options
01[13:42] {@Threei}  no go IWM
01[13:42] {@Threei}  looked very promising
01[13:45] {@Threei}  you guys better do all you can to win half-final against Canada... losing country has to keep Justin Bieber
[13:46] {RonS} US win means Artic summer...go Canada...
01[13:47] {@Threei}  I dunno Ron... Bibs might be worse
[14:01] {RonS} ...so that's the problem, eh?:  Living in the cold north may be harmful to your marital health: http://bloom.bg/1bn1U6t
01[14:03] {@Threei}  that's why I left Winnipeg and never looked back
01[14:05] {@Threei}  notice that ese is not exactly moving back to saskatchewan either
01[14:06] {@Threei}  although to be fair he has one more reason... no sane person can be expected to spell the name of that province
[14:06] {RonS} lol
01[14:07] {@Threei}  one of the first jokes I heard in Canada was about a British couple traveling through Canada by train
01[14:07] {@Threei}  during a stop wife asked a husband to find out the name of the place where they stopped
01[14:08] {@Threei}  he turned to a guy walking by and asked what the place was
01[14:08] {@Threei}  hearing answer "Saskatoon, Saskatchewan" wife said "hon, try to find someone speaking English?"
[14:08] {RonS} lol
[14:11] {dino} once again, banks are not participating on a 100 up day
01[14:12] {@Threei}  yeah, thinking of shorting C
01[14:13] {@Threei}  just want SPY to dhow reversal
[14:15] {nemo} that was your shakeout, should go now
[14:27] {thomcbell} nemo ubnt has risen in agony and i have made my 0.20 cents
[14:27] {nemo} God Bless ya
[14:27] {nemo} no shorts in the market, no energy
[14:28] {nemo} FB at the top of channel
01[14:33] {@Threei} Short Setup: C  48 break
01[14:33] {@Threei}  If holds  .10
[14:44] {thomcbell} OH UBNT
[15:00] {nemo} spy at breakout again
01[15:02] {@Threei}  language nuances: apparently in Ukrainian "truce" means switching from direct attacks with armored vehicles to snipers' fire from the roofs
[15:02] {fish_49} wow  Nice rally on bad numbers this morning
[15:06] {fish_49} My Neice just said she is angry at Russia
[15:06] {fish_49} no explanation
01[15:06] {@Threei} Short Setup: JPM  .55 break
[15:06] {fish_49} did  something happen while I was geting my tooth cleaned?
01[15:06] {@Threei}  If holds  .65
01[15:06] {@Threei}  not that I know
01[15:07] {@Threei}  but since we are airing random grievances, I hate scented candles
[15:08] {fish_49} no comment from Nemo on getting my tooth cleaned? as in  1  my only tooth?
01[15:08] {@Threei}  when you left, we had extensive disuccion of fish and teetch
01[15:08] {@Threei}  teeth
[15:08] {fish_49} lol
01[15:09] {@Threei}  sufica it to say, sharks, piranhas and 40lb salmon were mentioned
[15:09] {nemo} originally from West Virginia, huh Fish?
01[15:10] {@Threei}  I can't imagine Russia ceeding control over Ukraine to West... it's their soft belly
01[15:10] {@Threei}  ceding
[15:10] {fish_49} thats how I know the tooth brush was invented in west virginia
[15:10] {nemo} soft "under" belly
[15:10] {fish_49} if invented anywhere else they would have named it the teeth brush
01[15:10] {@Threei}  Putin takes it as national security concern
[15:11] {fish_49} Ohh Yo Nah  must have lost in the figue skating
[15:11] {fish_49} thats why neice is angry
[15:11] {dino} azpn spike
01[15:17] {@Threei}  Protesters blocked access to international airport preventing govt officials from leaving country
01[15:19] {@Threei} Long Setup:  FB  .40 break hl
01[15:19] {@Threei}  If holds  .30
[15:20] {fish_49} missed it
[15:20] {nemo} it's a boredom trade
[15:20] {fish_49} JPM slow  to drift down  lol
01[15:21] {@Threei}  .42 was easy fish
01[15:21] {@Threei}  you are doing something wrong
01[15:21] {@Threei}  1:1
01[15:21] {@Threei}  nemo, you are boredom trade
01[15:21] {@Threei}  and it gave second chance too
[15:22] {fish_49} .42?  if I hit buy on .42 I would have filled at .44 and thats half way to 1:1
01[15:22] {@Threei}  huh?
01[15:22] {@Threei}  you hit .42 limit buy when .40 is broken
01[15:23] {@Threei}  1:2
[15:23] {fish_49} yea  by the time I got there it was trading at .42 or .43
[15:23] {dino} azpn s .78
[15:24] {fish_49} limit buy with +.02  would have been a bad fill
01[15:24] {@Threei}  it wasn't particularly fast on breakout...
[15:24] {fish_49} Im in the JPM trade
[15:24] {nemo} pretty thick trader, fb would fill pretty close to trigger
01[15:26] {@Threei}  1:3  FB  out
[15:26] {dino} gj
01[15:26] {@Threei}  not bad for boredom trade
[15:26] {nemo} nope...probably go to R3
01[15:26] {@Threei}  and I hate scented candles
[15:27] {thomcbell} fb is a shocking display today
01[15:27] {@Threei}  1:4
[15:27] {fish_49} rub it in
01[15:27] {@Threei}  count on me
[15:27] {thomcbell} and to see where ddd is after that earnings miss
[15:27] {thomcbell} its a bull market until it isnt
[15:27] {darekj} ty Vad
[15:27] {fish_49} trend is your friend until the bend in then end?
01[15:28] {@Threei}  darek :)
[15:28] {nemo} There hasn't been a serious pullback since Nov. 2012
[15:28] {dino} btfd
[15:28] {fish_49} yes CC9
01[15:28] {@Threei}  there must be a spot for BOHICA in there somewhere, fish
[15:29] {fish_49} I'm gonna send you an email later after market  VAD  you will then know  why I have some fear  lol
[15:30] {dino} money lives on the other side of fear
01[15:30] {@Threei}  right...
01[15:30] {@Threei}  whatever the reason is, you havr to let the trades work
01[15:30] {@Threei}  if you grab 8 cents profit on 1:3er, what is going to compensate for 10 cents stop?
[15:31] {fish_49} agree
[15:46] {fish_49} stop still .65  on JPM?
01[15:46] {@Threei}  .61
[15:48] {fish_49} out
[15:50] {dino} axe spike
[15:52] {dino} axe crazy
01[16:00] {@Threei}  thank you, have a great evening
01[16:00] {@Threei}  see you tomorrow

Wednesday, February 19, 2014

Feb 19 2014

A bit jerky day, with nice wins ranging from 1:2 to 1:4, and a few stops here and there. Winning trades were easy to get so finishing slightly positive

Session Time: Wed Feb 19 00:00:00 2014
01[08:55] {@Threei}  morning guys
[08:55] {fish_49} gm Vad
01[08:56] {@Threei}  fish :)
[08:56] {nemo} we'll never get the smell out of the room
[09:00] {fish_49} Love you too Nemo
01[09:01] {@Threei}  this reminded me of nemo for some reason:
01[09:01] {@Threei}  Better shoot, recharge and shoot again than point the the flashlight and ask "who is there?"
[09:01] {nemo} yeah, flashlight just gives them something to shoot at
[09:02] {fish_49} why would they have something to shoot at? you already shot them twice..  Are you that bad of a shot?
[09:03] {nemo} cute...no, why come down with a flashlight giving away your location before you shoot?
[09:03] {nemo} always get a kick out of that on tv
[09:03] {nemo} mount the flashlight on the gun, or hold it right under the gun as you hold the gun smack in the middle of your body
[09:04] {fish_49} who said the flashlight was on
[09:04] {nemo} minor, but important detail
01[09:04] {@Threei}  yeah, that always strikes me as highly idiotic: loud sound from the kitchen when no one is supposed to be home, character asks nervously "who is there??"
[09:04] {fish_49} Vad said in broken english...  Shoot First ask questions second
01[09:05] {@Threei}  as if serial killer is about to say "yeah, I am here, wanna sandwich?"
[09:08] {darekj} gm all
01[09:08] {@Threei}  darek :)
[09:08] {fish_49} gm daekj
[09:18] {RonS} gm gents & curmudgeon(s)...
01[09:18] {@Threei}  ron :)
01[09:21] {@Threei}  FOMC minutes tpday
[09:21] {fish_49} yea
[09:21] {fish_49} housing numbers not good
[09:22] {fish_49} Feds highly unlikely  to make any changes to plan in my opinion  so sideways  markets  until 2 pm  perhaps?
[09:24] {RonS} big dog day...watch dino chase cars...catch them...take to bank...
[09:24] {goinshort} gm all !
[09:25] {fish_49} gm Gs
[09:25] {nemo} look at vxx, a little fear creeping into the market
01[09:25] {@Threei}  gs :)
[09:27] {dino} lol ron
[09:28] {RonS} hey ese
[09:28] {ese} morning.....
[09:28] {ese} ron!!!!!!!!!!!
01[09:28] {@Threei}  ese :)
[09:29] {ese} vad
01[09:30] {@Threei} Short Setup: C  .20 break break
[09:31] {dino} ande?
01[09:31] {@Threei}  .c .30
01[09:31] {@Threei}  If holds  .30
[09:31] {dino} ohh, split
01[09:34] {@Threei}  stop to .26
01[09:34] {@Threei}  1:1
[09:34] {fish_49} out
[09:34] {fish_49} ty
01[09:34] {@Threei}  yw
01[09:37] {@Threei} Short Setup: FB  .80 break hl
01[09:37] {@Threei}  If holds  .90
[09:38] {nemo} open air for facebook
01[09:38] {@Threei}  Invalidated
01[09:40] {@Threei} Short Setup: AIG  .90 break
01[09:40] {@Threei}  If holds  58
[09:41] {fish_49} big range  lol
01[09:41] {@Threei}  lol
01[09:41] {@Threei}  2 shares position
01[09:41] {@Threei}  If holds  50  of course
01[09:42] {@Threei}  Invalidated
01[09:45] {@Threei}  FB is starting to look ridiculous
[09:45] {nemo} look at daily, in the channel
01[09:47] {@Threei}  one more spike and should be ready
[09:47] {nemo} top of channel is .50 and R2ish on daily
[09:47] {dino} sm smr wide, l .56
[09:48] {dino} dorm spike
[09:49] {nemo} hah! fb kissed R2 and dropped
01[09:49] {@Threei}  got away
[09:50] {fish_49} buying the pullback since trend is up?
[09:50] {dino} sm stopped, that sucked
01[09:54] {@Threei} Short Setup: AIG  .90 break
01[09:54] {@Threei}  If holds  50
01[09:56] {@Threei}  Invalidated
[09:57] {fish_49} any read on HD  Vad?
[09:57] {dino} sm smr l .10
01[09:57] {@Threei} Short Setup: HD  77 break
01[09:58] {@Threei}  If holds  .10
01[09:58] {@Threei} Long Setup:  FB  .40 break hl
01[09:58] {@Threei}  If holds  .30
[10:00] {nemo} twtr weak
01[10:00] {@Threei}  meh
[10:02] {dino} tex smr l .51
01[10:08] {@Threei}  1:1  HD
[10:08] {fish_49} 1:1
[10:10] {nemo} they're going for SPY all time highs
01[10:13] {@Threei} Long Setup:  P  .10 break hl
01[10:13] {@Threei}  If holds  37
01[10:17] {@Threei}  come on already
[10:17] {nemo} P weak today, likely a short at .30ish
01[10:18] {@Threei}  no problem, let's just get there
[10:18] {fish_49} there was nice support at .07 that left in a blink of an eye b4 price even hit .07
01[10:19] {@Threei}  nah
01[10:23] {@Threei}  rinse
01[10:23] {@Threei}  this is just indecent
[10:25] {thomcbell} splk 85.50 short break if holding 85.60
[10:27] {thomcbell} splk invalidated
01[10:27] {@Threei} Long Setup:  C  .30 break
01[10:27] {@Threei}  If holds  .20
[10:37] {dino} oii drop
01[10:37] {@Threei}  no go
[10:38] {fish_49} C sucks  Im gonna go use my Citi Credit card and refuse to pay them
[10:39] {dino} that'll show them
01[10:40] {@Threei} Short Setup: CAT  .60 break
01[10:40] {@Threei}  If holds  .70
01[10:40] {@Threei}  hl
[10:43] {dino} out sm 74.45, m+1.35
[10:43] {dino} x the m
[10:44] {fish_49} NICE
[10:44] {dino} ty
01[10:46] {@Threei}  wtg
01[10:50] {@Threei}  1:1
[10:55] {thomcbell} splk valid again
[10:55] {thomcbell} 85.50 break if holding 85.60 half lot for me
[10:56] {dino} sm .50 wall, break may go
[10:58] {dino} sm giddy-up
01[10:58] {@Threei}  1:2
01[11:00] {@Threei}  1:3
01[11:00] {@Threei}  out
01[11:00] {@Threei}  finalky something decent
[11:00] {thomcbell} splk invalid obviously
[11:02] {darekj} ty Vad
01[11:02] {@Threei}  :)
[11:03] {goinshort} nice Vad -thanks
01[11:03] {@Threei}  yw
[11:03] {nemo} probably into the pre-minutestrual period
01[11:10] {@Threei}  C stop dictated CAT short, in a way
01[11:10] {@Threei}  same setup...
01[11:10] {@Threei}  long didn't work
[11:10] {fish_49} I was occupied  and didnt ge in CAT  waa
01[11:11] {@Threei}  wow... this is second day in a row when you don't get in the best trade of the day
01[11:11] {@Threei}  AIG yesterday
[11:11] {fish_49} Yea
[11:12] {fish_49} I'ts not best trade of day  I know u have a $:1  up your sleave
[11:12] {fish_49} Hey Vad  you know what is worse than being insulted by Nemo?
[11:12] {fish_49} Not realizing you were insulted  lol
[11:13] {fish_49} HD 2:1
[11:13] {RonS} nemo insult never bad...it's like watching Picasso paint...
[11:13] {fish_49} I got out at 1:1  waaa
01[11:13] {@Threei}  lol
01[11:14] {@Threei}  wow CAT
01[11:14] {@Threei}  almost 1:6
[11:14] {fish_49} you mean Nemo and Dead man  looks same?
[11:15] {dino} once again, banks not participating
01[11:15] {@Threei}  speaking of... you know what Picasso model said to the guy who was hitting on her in the bar when he put his hand on her leg?
[11:16] {fish_49} no
01[11:16] {@Threei}  "Young man, I am a Picasso model for a reason. What you are looking is located behind my right ear"
[11:16] {RonS} ready ese?
[11:16] {RonS} go ese...rim shot...
01[11:17] {@Threei}  sigh... whatever
01[11:17] {@Threei}  I miss will
[11:17] {fish_49} lol
[11:17] {RonS} lol
[11:17] {fish_49} loll
[11:17] {dino} ???
[11:17] {fish_49} where is the old man
[11:17] {RonS} working on his skin cancer...
[11:17] {fish_49} ohhhhh
[11:18] {fish_49} Sorry Will
01[11:19] {@Threei}  listening to all the commentators blabbing about Ukraine is laughable in the extreme
01[11:19] {@Threei}  they have no idea what actually happened over there to trigger all this
01[11:19] {@Threei}  but are full of platitudes
01[11:19] {@Threei}  "democracy, freedom..."
[11:19] {dino} talking heads, just reading a teleprompter
[11:20] {fish_49} sounds like CNBC
01[11:23] {@Threei}  https://www.facebook.com/VadymGraiferPhotography/posts/547346078697672
01[11:25] {@Threei}  in case you haven't seen my octopus shots, http://photography.realitytrader.com/2014/02/shaw-ocean-discovery-centre.html
[11:26] {fish_49} he is lucky he didnt lose the camera
[11:26] {fish_49} the pics he got was worth the risk  wow
01[11:27] {@Threei}  considering that these things grow up to 30 ft, he is lucky it wasn't a full grown sample
[11:32] {fish_49} here is a desert pic I took and proud of
[11:33] {fish_49} http://s1332.photobucket.com/user/bkhmd/media/P2090184Fixed_zps49b20511.jpg.html
[11:33] {fish_49} except the little whit blur in center of pic is the reflection of a van that  I removed from the pic and forgot to remove the reflection
01[11:34] {@Threei} Short Setup: AIG  .85 break
01[11:35] {@Threei}  If holds  .95
01[11:40] {@Threei}  One of Parliament reps on Maidan: Yanukovich, you will end up as Qaddafi
01[11:40] {@Threei}  really starts looking like that
[11:41] {fish_49} and who would be the replacement?
01[11:41] {@Threei}  at this point it doesn't matter anymore
01[11:42] {@Threei}  people want this thug out
01[11:42] {@Threei}  sending Berkut squads to kill protesters was over the top
[11:43] {fish_49} world is ok with that unless he used WMD
[11:43] {fish_49} and then the world is still ok
[11:43] {thomcbell} oxy 96.13 long break
[11:44] {thomcbell} if holding 96.03
[11:47] {dino} exactly fish
01[11:49] {@Threei}  Protesters stake out Mt. Gox's Tokyo HQ to get bitcoins back
[11:51] {thomcbell} oxy 1:1
[11:53] {goinshort} took the OXY scalp -thanks thom
01[11:53] {@Threei}  wtg
[11:56] {dino} gj
[11:56] {RonS} hlf sm l .45 s/l lod
[11:58] {fish_49} !:1
[11:58] {fish_49} 1:1
[11:59] {nemo} wtf
01[11:59] {@Threei}  1:1
01[11:59] {@Threei}  no news
[11:59] {dino} mkt drop
[12:04] {thomcbell} IMF Warns G-20 of Risks of Deflation, Emerging-Market Turmoil
[12:04] {thomcbell} think that may have been what it was
01[12:04] {@Threei}  yup
[12:05] {nemo} yeah, to drastic a drop to not be news related
[12:05] {nemo} as a rule that is
01[12:06] {@Threei}  1:2  AIG
[12:06] {nemo} funny...saw finnies drop below vwap and then double top against it, which is usually a good signal...which it was
01[12:09] {@Threei}  1:3
[12:09] {dino} hlf smackdown
[12:11] {darekj} ty Vad!
01[12:12] {@Threei}  :)
01[12:13] {@Threei}  1:4
01[12:13] {@Threei}  out
01[12:13] {@Threei}  fish... tell me you got this one
[12:13] {fish_49} yes  but jumped out  at 1:1.5
[12:13] {fish_49} lol
01[12:16] {@Threei}  Russia out of men's hockey tourney with 3-1 loss to Finland
[12:16] {fish_49} huh?
[12:16] {nemo} twitter Vad
[12:16] {fish_49} what happened  to them?
01[12:16] {@Threei}  I guess a few new forest cutters about to appear in Siberia
[12:16] {nemo} for the glory of the proletariat
[12:17] {fish_49} damn  Nemo using another  big  word  I need to look up...  thank god it's lunch time
[12:17] {thomcbell} short setup 49.50 break if holding 49.60
[12:17] {fish_49} thom  ?
[12:17] {nemo} obviously not a student of Hegel and Marx
[12:18] {thomcbell} sorry guys that was ubnt
[12:19] {thomcbell} 1:1
[12:19] {thomcbell} target is 49
[12:19] {thomcbell} 1:2
[12:19] {nemo} nice
[12:19] {nemo} twtr short break of .80 but time of day iffy
[12:20] {thomcbell} 1:3
01[12:20] {@Threei}  wtg
[12:21] {thomcbell} 1:4
01[12:21] {@Threei}  AIG 1:5
[12:21] {fish_49} HD 1:5
[12:21] {fish_49} lol
[12:23] {dino} gj
01[12:23] {@Threei}  (US) Fed's Lockhart (moderate, FOMC alternate): Asset purchases likely to have been completely wound down by Q4; taper process to continue despite weaker jobs data
[12:23] {nemo} we'll just call him "dino"
[12:24] {fish_49} huh  I thought they would not be releasing any info to public until 2:00
01[12:25] {@Threei}  this is not minutes, just usual fed interviews
[12:25] {fish_49} ahhhhh
[12:26] {thomcbell} ubnt 1:7 and out
[12:26] {dino} wtg
[12:26] {RonS} gj
[12:27] {fish_49} next time  tell us  or your going back to Tinkerbell
[12:30] {dino} z gap fill
[12:31] {thomcbell} fish i did it
[12:31] {dino} ande hl l .41
[12:31] {thomcbell} just omitted the ticker on first entry
01[12:33] {@Threei}  as an insignificant detail
[12:33] {thomcbell} i corrected the text a minute later at 49.40
01[12:34] {@Threei}  I wouldn't...
01[12:34] {@Threei}  he who can read your mind deserves the trade
[12:41] {dino} sm smr l .50
[12:42] {RonS} ya l sm .41...
[12:47] {RonS} dino thinking here that sm can go $2...opinion?
[12:54] {dino} 76, yes
[12:55] {dino} ron, thing is, it breaths pretty big (.40-.60)
[12:55] {nemo} whoa!  DP!
[12:56] {dptl} lol...good afternoon...hows things?
01[12:56] {@Threei}  hey dp :)
[12:56] {nemo} gets any better I'm calling the undertaker
[12:56] {dptl} hey Vad
[12:56] {dino} hey dp
[12:56] {dptl} Dino:)
06[12:57] * @Threei slaps dptl around a bit with a large fresh wild salmon
01[12:57] {@Threei}  just so you feel at home
[12:57] {dino} ron, 75 wall it seems
[12:57] {dptl} feels good...lol
01[12:58] {@Threei}  at your service :)
[13:02] {dino} out sm .80, +.30
[13:03] {RonS} out sm .75 +.31
01[13:03] {@Threei}  wtg
[13:04] {dino} ty
[13:04] {dino} ron see that breath, drops .50 in blink
[13:11] {dino} tex to .95 taking hours
[13:12] {dino} to .99
[13:14] {dino} to .09
[13:15] {dino} out tex .21, +.70
[13:15] {RonS} wtg
[13:15] {dino} ty
[13:15] {RonS} as predicted...big dog day
[13:16] {fish_49} everyday is Big Dog day
[13:16] {fish_49} I'm waiting for Big Fish Day
[13:16] {fish_49} lol
[13:16] {RonS} dino says: it's good to be a big dog...
[13:16] {dino} slow day, only 4 trades
[13:20] {dino} jo spike
01[13:25] {@Threei} Long Setup:  GLD  .25 break
01[13:25] {@Threei}  If holds  .15
[13:29] {RonS} games w/ ande bid/asks...
[13:32] {dino} lol, ya think
[13:32] {dino} where you in at?
01[13:32] {@Threei}  YESSS!!! Canadian bobsled duo wins gold at Sochi Games
01[13:32] {@Threei}  what's bobsled btw?
[13:33] {fish_49} lol  your serious?
01[13:33] {@Threei}  half
01[13:33] {@Threei}  this one I know
01[13:33] {@Threei}  but there are quite a few that I don't
01[13:33] {@Threei}  halfpipe??
[13:33] {RonS} dino in ande .30...
01[13:33] {@Threei}  mogul?
01[13:33] {@Threei}  skeleton?
[13:33] {dino} good entry, .41 here
01[13:34] {@Threei}  wtf
[13:34] {fish_49} lol
[13:34] {fish_49} lol
[13:34] {fish_49} Mogul  just bumps in the course
[13:34] {RonS} had .16 break as s/l so wanted lower...
[13:34] {fish_49} Half is 180
[13:34] {fish_49} no idea about skeleton
01[13:35] {@Threei}  see?
01[13:35] {@Threei}  and the day I understand how curling is sport, please shoot me
[13:36] {RonS} should be re-named sweeping...
01[13:36] {@Threei}  mopping
[13:36] {RonS} bowling for norwegians...
01[13:36] {@Threei}  vigorous mopping
01[13:36] {@Threei}  vigorous mopping with cheering
[13:37] {fish_49} ever heard of a Curling injury?
[13:37] {RonS} fashion show for those high...
01[13:37] {@Threei}  stop... my mind goes in very gutteral places
[13:37] {fish_49} I was almost demoted once when I asked my boss how he broke his leg...
[13:37] {RonS} lol...wow
[13:37] {fish_49} I laughed at him so hard when he said it was a sports injury  (Bowling)
01[13:38] {@Threei}  I guess it wasn't In Russia
01[13:38] {@Threei}  laugh at your boss, get demoted from live to dead
[13:38] {fish_49} lol
01[13:39] {@Threei}  speaking of... dp, can you believe your eyes looking at what happens in Ukraine?
[13:39] {dptl} crazy...
01[13:43] {@Threei}  Goldman trader turned neuroscientist says our physiology causes market crashes to worsen as cortisol spikes
01[13:43] {@Threei}  wait... I thought it was HFT
01[13:43] {@Threei}  and algos
[13:43] {thomcbell} what time are minutes 2:00?
01[13:43] {@Threei}  turns out it's damn cortisol
01[13:43] {@Threei}  yes thom
01[13:44] {@Threei}  so, injection of testosteron should stop market crashes?
[13:44] {fish_49} very possible  Vad
01[13:45] {@Threei}  {--- proud of his knowledge of the human biochemistry
[13:45] {dino} panw drop
01[13:45] {@Threei}  that's cortisol, dino
[13:46] {fish_49} or expired Viagra
01[13:46] {@Threei}  no wait, it's news
01[13:46] {@Threei}  PANW Ticks lower on circulation of potentially adverse court ruling in case against Juniper
01[13:46] {@Threei}  OK, it's cortisol spike caused by news
01[13:48] {@Threei}  - The minutes of the Jan 28-29th meeting are outdated at this point, with more disappointing data and a number of Fed speakers commenting since. New Fed Chair Yellen testified before Congress last week, emphasizing policy continuity and suggesting little has changed in the Fed's view since the December meeting. Other Fed officials have largely indicated that tapering will not be thrown off track by a few bad data points that could be attributable to bad weather. Apart from the temporary impacts of the weather, the minutes could show discussion of other external risks like the emerging market upset in January.
[13:55] {RonS} sm should be s&m...
[13:56] {dino} yeah, missed the re-entry on it
[13:57] {RonS} freakin ande...every time bid put in someone auto cuts it...
[13:58] {RonS} have cancelled 6 orders already
[13:58] {dino} i see it. just want .71, but not putting ask in yet, want to wait a bit
01[13:59] {@Threei}  *(US) MINUTES OF THE JAN 29TH FOMC MEETING: SEVERAL OFFICIALS WANTED A CLEAR REDUCTION OF $10B IN ASSET PURCHASES PER MEETINGS
01[13:59] {@Threei}  no go GLD
01[14:02] {@Threei} Long Setup:  IWM  115 break hl
01[14:02] {@Threei}  If holds  .90
01[14:05] {@Threei}  ok, direction seems to be determined
01[14:05] {@Threei}  move your butt SPY
01[14:05] {@Threei}  and take IWM with you
01[14:06] {@Threei}  1:1
01[14:07] {@Threei}  1:2
[14:08] {thomcbell} swks 31.45 long break if holding 31.40
[14:10] {dino} out ande .71, +.30
01[14:12] {@Threei}  out on a trail
[14:12] {RonS} gj ande must be male hooker...still getting jerked off here...
01[14:12] {@Threei}  lol
01[14:12] {@Threei}  ese, you here?
[14:12] {dino} lol
[14:15] {RonS} out ande .76 +.46
[14:15] {thomcbell} swks invalid
[14:15] {dino} that bid drop is a bitch
[14:15] {nemo} real jerk around
[14:23] {dino} there goes that bid again
01[14:29] {@Threei} Short Setup: GLD  .80 break hl
01[14:29] {@Threei}  If holds  .90
[14:32] {dino} damn, tex and sm went about .80 more after my exits
[14:32] {fish_49} you made money right?
01[14:33] {@Threei}  valid
[14:34] {dino} indeed i did.
[14:34] {fish_49} share it
[14:34] {dino} never
[14:34] {fish_49} you get snow or rain today?
[14:35] {dino} about an inch or two of snow in late morning. yesterday 4"
[14:35] {fish_49} I got lucky  all rain this am
[14:36] {dino} we're supposed to hit 40-50s f thursday-saturday. over 30" on ground, so possibly some flooding
[14:37] {fish_49} yea  hope we dont flood out  down here  from the susky
[14:37] {dino} ron, sm pullback, from .70s to teens, wickeed
[14:38] {RonS} ergo s&m...
01[14:39] {@Threei}  still valid
[14:41] {fish_49} hit sell when printed .79  filled at .81
[14:42] {nemo} slippage
01[14:43] {@Threei}  no crying
[14:43] {fish_49} lol
06[14:44] * nemo passes the KY to fish
01[14:44] {@Threei}  if fish cries under water, is there tears?
[14:44] {fish_49} nobody knows
[14:44] {nemo} are there
[14:45] {nemo} fish dcc
01[14:45] {@Threei}  merh
01[14:46] {@Threei}  we are not friends with GLD today
[14:46] {dino} sm big drop
[14:46] {nemo} all that glitters is not gold
01[14:51] {@Threei}  English is the weirdest language
[14:56] {nemo} gld coming to a conclusion soon
01[14:57] {@Threei} Long Setup:  IWM  .75 breeak
01[14:57] {@Threei}  If holds  .70
01[14:58] {@Threei}  Invalidated
01[15:04] {@Threei}  *(&^%$( GLD
[15:07] {thomcbell} lly is very impressive
01[15:07] {@Threei} Long Setup:  IWM  .70 break
01[15:07] {@Threei}  If holds  .60
01[15:10] {@Threei}  Invalidated
[15:11] {dino} you're trying to make something of nothing, relax
01[15:11] {@Threei}  me?
[15:11] {fish_49} long side Bias?
[15:11] {dino} yes, you keep wanting long w/trend down
01[15:12] {@Threei}  there was clear setup
[15:12] {dino} ron, sm
[15:12] {RonS} ya, brutal
01[15:12] {@Threei}  you guys misread me I guess
[15:12] {dino} will be on iyt tomorrow
[15:12] {nemo} I agree...spy iwm rejected vwap, finnies couldn't even get back there
[15:12] {nemo} might see some short covering a little later
[15:13] {dino} maybe 3i, just seems you want long
01[15:13] {@Threei}  look at 1 min IWM
[15:13] {dino} as long as you know what you are seeing. you're much better trader than i
01[15:13] {@Threei}  see clear double bottom that would have triggered should it break .70?
[15:13] {nemo} fas coming into 50 day @.75
01[15:13] {@Threei}  it lost .60, no more setup
[15:14] {thomcbell} fb vad
01[15:15] {@Threei}  FB looks short tome but stop placement is not very clean
[15:15] {thomcbell} i know we need to make it tradeable here
[15:32] {fish_49} knock knock  Who Shot the sheriff?
01[15:35] {@Threei} Long Setup:  FB  .10 break hl
01[15:35] {@Threei}  If holds  68
01[15:37] {@Threei}  change to 68 break if holds .90
01[15:38] {@Threei}  SPY's bouncing
01[15:39] {@Threei}  nah
01[15:47] {@Threei}  finishing with selling
01[15:49] {@Threei}  thank you all, have a good evening
01[15:49] {@Threei}  see you tomorrow
[15:50] {fish_49} take care Vad
[15:50] {fish_49} bye all
[15:50] {dino} done here too, gn all, thx for ideas
[15:51] {darekj} gn all

Tuesday, February 18, 2014

Feb 18 2014

Some setups are so textbook, you almost feel guilty making money on them. JBE setup, right from the 111 TRADES pages: http://www.realitytrader.com/111trades.html 


Decent day overall although majority of trades were limited to scalps.


Session Time: Tue Feb 18 00:00:01 2014
[08:36] {dino} .
[08:42] {fish_49} Get plenty of snow Dino?
01[08:46] {@Threei}  morning guys
[08:46] {fish_49} gm Vad
01[08:46] {@Threei}  welcome back fish
[08:47] {fish_49} thanks..
[08:47] {dino} fish, yeah after the 20" or so thurs/fri, got another 6" on saturday, and 4-6" coming today
[08:47] {fish_49} I was stuck in Vegas because of the snow storm
[08:48] {fish_49} was scheduled to come back last Wednesday but couldn't make it back until saturday
[08:48] {fish_49} yea  we only got 4 inches last night  not a big deal
[08:48] {fish_49} I have managed to be away for each of the big storms this year
[08:48] {fish_49} Vegas was fun but  Im not into the casino thing.
[08:49] {dino} wow, thats long time to be stuck
[08:49] {fish_49} I spent $.025 on the slot machine..pushed the button 1 time  and won $6.00 then cashed out and walked away  lol
[08:49] {dino} where you located fish?
[08:49] {fish_49} Maryland
[08:50] {fish_49} Hour north of Baltimore
[08:50] {fish_49} hour south of Philly
[08:50] {dino} ok
[08:50] {dino} about 4 hours south of me
01[08:52] {@Threei}  same here fish, been to Vegas many times, spent about 50 cvents in total on slots
[08:53] {fish_49} I could lose $2000 in the market and be fine.  If I lose $20 in casino I would be sick for a few days
[08:56] {dino} pretty much how i am. on cruise ships i don't even walk in casinos
[08:57] {dino} brb
[09:18] {darekj} gm all
01[09:18] {@Threei}  darek :)
[09:20] {RonS} gm
01[09:21] {@Threei}  ron :)
01[09:24] {@Threei}  quiet pre-market
[09:24] {nemo} very...feels like it needs a catalyst...likelihood is a range day after the last coupla weeks
[09:28] {fish_49} KO nice drop in premarket
[09:29] {RonS} KO'd then?
[09:29] {fish_49} yep  by PEP
[09:29] {nemo} knew that was coming'
01[09:29] {@Threei} Long Setup:  GDX  .60 break
01[09:30] {@Threei}  If holds  .50
01[09:31] {@Threei}  Invalidated
01[09:32] {@Threei} Long Setup:  CHK  .40 break
01[09:32] {@Threei}  If holds  .30
[09:33] {nemo} wfm really weak
01[09:34] {@Threei}  stop .34
01[09:35] {@Threei} Short Setup: FB  .80 break hl
01[09:35] {@Threei}  If holds  .90
01[09:36] {@Threei}  change to .85 break
01[09:36] {@Threei}  If holds  .95
01[09:36] {@Threei}  1:1  FB
01[09:37] {@Threei}  half out CHK
01[09:37] {@Threei}  1:1
[09:38] {thomcbell} oxy looks interesting
[09:39] {dino} bcor?
[09:40] {nemo} nice low volume stock
01[09:40] {@Threei}  BCOR Hearing boutique firm Gotham making cautious comments
01[09:42] {@Threei} Long Setup:  GDX  .20 break
01[09:42] {@Threei}  If holds  .10
01[09:42] {@Threei}  (US) Preview: Feb NAHB Housing Market Index due out at 10:00ET (15:00 GMT)**Consensus expectations: 56e v 56 prior **Reminder: The Dec reading of 58 matched an eight-year high seen in Aug
[09:42] {dino} bcor smr l .90
[09:44] {dino} out bcor .40, +.50
[09:45] {RonS} gj
[09:45] {dino} ty, too soon
01[09:47] {@Threei}  stop to .14
01[09:50] {@Threei}  1:1
[09:51] {dino} bcor smr l .91
01[09:52] {@Threei} Short Setup: ABX  .35 break
[09:52] {dino} ksu smr l .35 pulp
01[09:53] {@Threei}  If holds  .42
[09:54] {dino} ksu stop .99 -.36
[09:56] {RonS} wbai sm l 40.70
01[09:57] {@Threei}  cover half
01[09:57] {@Threei}  stop to .36
01[09:57] {@Threei}  1:1
01[09:59] {@Threei}  *(US) FEB NAHB HOUSING MARKET INDEX: 46 V 56E
01[09:59] {@Threei}  yikes
[09:59] {fish_49} not good
[10:01] {fish_49} Markets  said  "Who cares"
01[10:02] {@Threei}  then decided it did
01[10:02] {@Threei}  then took a shot of vodka and changed its mind again
[10:02] {fish_49} lol
[10:05] {fish_49} Vodka ust have been watered down
[10:07] {thomcbell} len long setup 41 break
[10:07] {dino} ksu smr l .75
[10:09] {thomcbell} len 1:1
01[10:09] {@Threei} Short Setup: C  .55 break
01[10:09] {@Threei}  If holds  .65
[10:10] {thomcbell} thats all she wrote on len
01[10:13] {@Threei}  stop to .61
01[10:14] {@Threei}  who knows what market drinks next, vodka or hemlock
[10:15] {fish_49} perhaps the cool-aide
01[10:19] {@Threei}  meh
[10:23] {RonS} out wbai 41.85 +1.15
[10:23] {fish_49} nice
01[10:28] {@Threei} Short Setup: GNC  .10 break hl
01[10:28] {@Threei}  If holds  .20
01[10:29] {@Threei}  meh
[10:30] {fish_49} Market changed to Coffee
[10:30] {RonS} jesus, thought it was a long and bought at .15...
[10:30] {dino} bcor smr l .89
[10:32] {RonS} out flat
[10:33] {dino} gj ron wbai
[10:33] {RonS} ty
01[10:36] {@Threei}  (US) Fed's Williams (dove, FOMC non-voter): The tapering of QE will continue, expecting continued positive momentum in the economy - press interview
01[10:37] {@Threei} Short Setup: FB  .80 break
01[10:37] {@Threei}  If holds  .90
[10:38] {fish_49} missed it
01[10:38] {@Threei}  just gave second cnace
01[10:38] {@Threei}  chance
01[10:46] {@Threei}  1:1
01[10:46] {@Threei}  finally
01[10:47] {@Threei}  took its sweet time
[10:49] {RonS} bs move in ksu...that only 2 blocks have traded is the tell...
01[10:52] {@Threei} Long Setup:  AIG  .40 break
01[10:53] {@Threei}  If holds  .30
[11:00] {fish_49} JPM break of .50?
01[11:00] {@Threei}  half out .48
01[11:01] {@Threei}  I'd prefer pullback on JPM...
01[11:02] {@Threei}  1:1
[11:03] {fish_49} sure  1:1  I went to get coffee and didn't get in that one....
[11:03] {fish_49} I need a better maid
[11:03] {fish_49} Nemo would be perfect for the job
[11:04] {fish_49} Good Morning Nemo..  Missed you man  lol
01[11:06] {@Threei}  1:2
01[11:07] {@Threei}  1:3
01[11:07] {@Threei}  out
01[11:07] {@Threei}  whew
[11:08] {RonS} soda sm l .65
[11:08] {thomcbell} ubnt from friday - AHHHHHH
[11:08] {darekj} ty Vad:)
01[11:08] {@Threei}  yw :)
[11:10] {fish_49} Vodka wore off the markets
[11:12] {dino} bcor stop -.38
[11:12] {RonS} bcor sm l .50
[11:15] {dino} fmi spike
[11:15] {nemo} iwm relentless
01[11:22] {@Threei} Short Setup: JPM  .55 break
01[11:22] {@Threei}  If holds  .61
[11:25] {RonS} nclh sunk
[11:27] {dino} fmi smr s .66
[11:27] {RonS} nclh sm l .61
[11:33] {dino} ubnt animal
[11:33] {RonS} prlb monster
[11:33] {thomcbell} maddening ubnt
[11:35] {dino} out ksu 90.76, +2.01
[11:35] {RonS} gj
[11:35] {dino} ty
[11:35] {fish_49} Share
[11:35] {RonS} out bcor +.05  relentless volume...
[11:39] {RonS} out nclh +.30 too thick...
[11:40] {dino} fmi stop -.34
[11:42] {RonS} out soda flat...no carbonation
[11:49] {RonS} nclh searching for Atlantis...
[11:50] {RonS} ...or should be for Nemo?
[11:50] {RonS} ...feeling like Rodney here...
[11:51] {RonS} ...no repect...and dead....
[11:51] {RonS} respect
[11:51] {RonS} damn you Will I need an audience...
01[11:53] {@Threei}  lol
[11:53] {RonS} munky go "wizard of Oz" on us?
01[11:54] {@Threei}  no idea
[11:56] {dino} nclh re-load off of .00
01[11:56] {@Threei} Short Setup: EBAY  ,40 break
01[11:57] {@Threei}  If holds  .50
[12:03] {thomcbell} amazing this ubnt trades tightly up here
[12:03] {thomcbell} 50 break if holding 49.80 half lot
[12:03] {RonS} nclh sm l 32.48
01[12:04] {@Threei}  no go
[12:05] {dino} `mclh sm l .20
[12:06] {dino} nclh
[12:09] {thomcbell} ubnt hit 1:2 and then nothing
[12:09] {thomcbell} i didnt get any shares so i cancelled
[12:09] {thomcbell} this is all ibd no other news
[12:14] {thomcbell} dino almost time for a scalp short in ubnt
[12:15] {fish_49} wow thats jumpy  Thom
[12:15] {fish_49} u get it short?
[12:17] {dino} why is it up tbell?
[12:18] {dino} nclh dec gap filled
[12:18] {thomcbell} it has been mentioned in ibd as a base building name for about 2 weeks
[12:18] {thomcbell} and today it finally went
[12:18] {thomcbell} that is it
[12:19] {dino} hmmm
[12:20] {thomcbell} only analyst commentary i saw was a strong buy by zach's last week
[12:23] {RonS} out nclh 32.75 for 32.30 ave +.45
[12:24] {RonS} from
[12:24] {dino} gj
[12:24] {RonS} too soon
[12:24] {dino} still in from 32.20
01[12:51] {@Threei}  Ukraine's political crisis escalated sharply Tuesday, with at least nine people reported killed and scores injured in violent, often fiery battles between anti-government demonstrators and police in Kiev.
[12:52] {dino} bcor to .39
[12:55] {dino} to .49
[13:01] {dino} to .69
[13:02] {dino} to .79
[13:02] {dino} walking the dog
[13:02] {fish_49} No pullback here? .93
[13:03] {fish_49} the volume decreased as price went up
[13:04] {fish_49} wow  impressive
[13:04] {dino} to .89
[13:05] {dino} out bcor .89, +1.00, was a toughy finding entry tho, stopped 1st time around
[13:05] {RonS} gj
[13:05] {dino} ty
01[13:05] {@Threei}  nicre
01[13:05] {@Threei}  -r
[13:05] {dino} ty
[13:10] {dino} out nclh .01, +.81
[13:11] {RonS} gj...gee if you lived someplace nice now you could go play golf...lol
[13:11] {dino} lol
01[13:11] {@Threei}  lol
[13:12] {dino} that one was a pia to find entry on too, stopped first time
01[13:12] {@Threei}  I have this nagging suspicion I am not going to Kyiv any time soon:
01[13:12] {@Threei}  http://www.youtube.com/watch?v=yjMs_vAV6S8#t=31
[13:14] {fish_49} damn
[13:15] {fish_49} those are some large bricks landing on some small heads
[13:17] {fish_49} I think Milos Mitic don't like me or my beliefs  lol
01[13:17] {@Threei}  I can't hardly believe my eyes
[13:18] {fish_49} you cant believe there are that many police  or you cant believe they had enough and are standing up for themselves in large numbers?
01[13:18] {@Threei}  I mean, this is not a country where governments change every 3 months and street riots is a habitual passtime
01[13:19] {@Threei}  people for decades were politically inert
01[13:19] {@Threei}  the only customary interaction with government wasd to hide from it
01[13:20] {@Threei}  this kind of riots on the familiar streets is incredible to see
[13:20] {fish_49} no hiding today  they kicked some ass
01[13:20] {@Threei}  I am not really sure who is standing up for what though
01[13:20] {@Threei}  against Russia, for EU?
[13:21] {fish_49} in the early 80's  I watched that  every day in South Korea.  carried gas mask everywhere I went
01[13:21] {@Threei}  heh
01[13:21] {@Threei}  opposition is not monolithic, there are very different forces in it
[13:21] {fish_49} what seems to to be the cause?  why are they fighting the GOV now
01[13:22] {@Threei}  some of them are open nazis
[13:22] {fish_49} the protestors  or the gov?
[13:22] {dino} gel drop
01[13:22] {@Threei}  protestors
[13:23] {fish_49} ohhhh
01[13:23] {@Threei}  gov are just common thugs
01[13:23] {@Threei}  it started with demand to join EU and not Russia
[13:23] {fish_49} so the thugs fight the nazis   hmmmm
01[13:23] {@Threei}  and original protestors were mostly sincere in that
01[13:24] {@Threei}  but over months of the standoff, many various forces joined in\
[13:24] {RonS} GEL said Q4 net income from continuing operations fell to $0.19 per unit from $0.34 the year earlier and coming in well below the $0.36 average estimate from analysts polled by Capital IQ. Revenues were up at $961 million from $919 million a year ago, missing the $1.4 billion estimate.
01[13:28] {@Threei}  Police Crackdown on Protestors' Camp on Independence Square is Underway
01[13:31] {@Threei}  frikin EBAY
01[13:31] {@Threei}  rinsed
[13:35] {dino} sn drop
01[13:37] {@Threei} Short Setup: JPM  .40 break
01[13:37] {@Threei}  If holds  .50
[13:39] {dino} sn wow
[13:39] {dino} smr l .25
[13:40] {dino} 28.25
[13:48] {thomcbell} ubnt holy pattern failure there
[13:48] {thomcbell} vad - failed cup and handle and boom
[13:48] {nemo} coming up on 48 mil spy traded...gonna' be a low volume day
01[13:48] {@Threei}  yeah
[13:50] {nemo} which makes that strong iwm push today interesting
[13:52] {fish_49} Dino do you golf?
[13:52] {dino} yes
[13:53] {fish_49} I visited a pretty demanding course while on vacation last week
[13:53] {fish_49} https://www.google.com/search?q=devils+golf+course&sa=X&hl=en&gl=us&authuser=0&tbm=isch&imgil=zWT7d5aXlwo2jM%253A%253Bhttps%253A%252F%252Fencrypted-tbn3.gstatic.com%252Fimages%253Fq%253Dtbn%253AANd9GcQQoqKQ8XGpn8gPtnsOXSX7Lr3uhnAtqqSor4kuvzJ6R_KHjm2OOA%253B2579%253B1924%253BRghULR9KpFGoPM%253Bhttp%25253A%25252F%25252Fkevinraber.com%25252F2011%25252F04%25252F10%25252Fthe-devil%25252525E2%
[13:53] {fish_49} 2525252580%2525252599s-golf-course%25252F&source=iu&usg=__FhKUEjYukRnc_izDF8PZdYNoKzo%3D&ei=v6IDU5LDMMGbygGD74CwDw&ved=0CEEQ9QEwAg&biw=1424&bih=757#facrc=_&imgdii=zWT7d5aXlwo2jM%3A%3Bu5Aa4y1UEPqd3M%3BzWT7d5aXlwo2jM%3A&imgrc=zWT7d5aXlwo2jM%253A%3BRghULR9KpFGoPM%3Bhttp%253A%252F%252Fkevinraber.files.wordpress.com%252F2011%252F04%252Fdevils-golf-cours-for-kwr-blog.jpg%3Bhttp%253A%252F%252Fk
[13:53] {fish_49} evinraber.com%252F2011%252F04%252F10%252Fthe-devil%2525E2%252580%252599s-golf-course%252F%3B2579%3B1924
01[13:53] {@Threei}  wow
[13:53] {dino} was in myrtle beach weekend on feb 1
[13:54] {fish_49} the link will work  just long
[13:54] {dino} have to et out of sn trade first
[13:55] {dino} get
[13:57] {RonS} fish:  http://tinyurl.com/
[13:58] {fish_49} http://tinyurl.com/jvwhwub
[13:59] {fish_49} Nice Ron...  Thanks
[13:59] {fish_49} the rest of the room thanks you also for teaching me that  lol
[14:00] {nemo} what browser you using Fish face?
[14:03] {fish_49} I prefer IE
[14:03] {nemo} oh...
[14:04] {nemo} not sure about that one, but there are URL shortener add ons for Firefox and Chrome that work well
[14:06] {fish_49} ty Toad face
[14:06] {dino} out sn 29.50, +1.25
[14:06] {fish_49} damn   Dino on fire today
[14:06] {dino} lucky
[14:07] {dino} one wicked chart
[14:07] {RonS} he's like a gay pride parade...flaming all over the place...
[14:08] {dino} not at all
[14:11] {RonS} ok...like a habib wearing female...you have no idea what's going on under there...
[14:11] {dino} lol
[14:11] {dino} just a dog chasing cars
[14:28] {dino} ioc spike
[14:32] {thomcbell} fish face
[14:34] {fish_49} yes Thom?
[14:34] {thomcbell} i was reading through the discussions and saw that
[14:35] {fish_49} Such a thin trading day  it's better if I just annoy Toad Face
01[14:39] {@Threei} Short Setup: EBAY  .20 break
01[14:39] {@Threei}  If holds  .25
[14:40] {nemo} shorting a dull market
[14:41] {dino} tree spike
[14:42] {nemo} boredom reveals itself in strange ways
[14:42] {RonS} environmentalists?
01[14:42] {@Threei}  lol
[14:44] {RonS} won't bother him a bit...$10.10 minimum wage, supported by President Obama, could cost as many as 500,000 jobs, Congressional Budget Office says
01[14:46] {@Threei}  that will increase his voters base by 500,000
[14:49] {dino} exactly, more on handouts=more democrat votes
01[15:27] {@Threei}  who can we petition to plug the market back in?
[15:27] {fish_49} Nemo Toad
[15:28] {nemo} yeah, boring market +cabin fever, not a good combo
01[15:28] {@Threei}  I am about to dash to Maidan in Kyic for some excitment
01[15:29] {@Threei}  Kyiv
[15:29] {fish_49} helmet and mask in hand?
01[15:29] {@Threei}  AK-47 would be better
01[15:29] {@Threei}  watching live feed from there... war zone
[15:29] {fish_49} who will u shoot  the thugs or the nazis?
01[15:30] {@Threei}  kidding?
01[15:30] {@Threei}  everyoen who approaches
01[15:30] {@Threei}  look: http://guzei.com/online_tv/watch.php?online_tv_id=4609
[15:31] {nemo} was watching a Bloomberg Link earlier
[15:31] {fish_49} hahaha  great link Vad
[15:31] {fish_49} it's russian?
01[15:31] {@Threei}  ukrainian I think
[15:31] {fish_49} can u translate?  I think she is saying  someting about you Vad
01[15:32] {@Threei}  right now it's just a live feed from Maidan
01[15:42] {@Threei} Short Setup: GLD  .50 break
01[15:42] {@Threei}  If holds  .60
[15:49] {fish_49} have a great night  see everyone tomorrow
01[15:49] {@Threei}  you too fish
[15:49] {dino} znh spike
01[15:53] {@Threei}  half out GLD
01[15:54] {@Threei}  1:1
01[15:55] {@Threei}  closed in full
01[15:55] {@Threei}  OK guys, thank you all
01[15:55] {@Threei}  have a great evening
01[15:55] {@Threei}  see you tomorrow
[15:56] {darekj} gn
[15:58] {dino} gn all, thx for ideas


Friday, February 14, 2014

Market Week Wrap-up

TradeTheNews.com  Weekly Market UpdateYellen and Boehner Send US Equities Back toward All-Time Highs



- Global equity markets saw a solid run of risk-on trading this week. In the US, newly-installed Fed Chair Janet Yellen said all the right things in her first public report to Congress, pledging continuity with the policies pursued by Ben Bernenke. House Speaker Boehner surprised markets and his own party by proposing and then forcing through a clean debt ceiling increase, with no conditions. In the eurozone, a raft of slightly better-than-expected preliminary Q4 GDP reports helped support the emerging slow European recovery thesis. With snowstorms disrupting life up and down the US east coast, trading volumes were on the low side for most of the week, supporting a stronger, quicker move higher in equities. The S&P500 closed out the week within striking distance of the recent all-time high of 1,850. For the week, the DJIA rose 2.3%, the S&P500 gained 2.3% and the Nasdaq added 2.9%.

- In testimony before Congress, Yellen pledged her support for current FOMC policy and emphasized that there would be a great deal of continuity in monetary policy from Bernanke's tenure. Yellen repeated Bernanke's constant refrain that rates would remain near zero until well past the 6.5% threshold comes and goes. On QE, Yellen reflected the committee view that it would take a notable change in the outlook to alter the trajectory of tapering, though left leeway by reiterating that the taper is not on a pre-set course. Regarding the recent payrolls weakness, she said she was surprised the Dec and Jan reports came in below expectations but also said one cannot jump to conclusions based on two reports impacted by terrible winter weather.

- The "clean" debt ceiling hike may very well go down as the moment when the budget wars of the last several years ended in truce. The Speaker's move prevented another protracted and damaging battle and authorized the national credit card through March 2015.

- Spot gold prices have gained approximately 3.5% over the last week, and the metal crossed above its 200-day moving average on Friday for first time in a year. Gold has seen a steady recovery since early January, and the catalysts behind the leg up this week are somewhat opaque, with continued emerging market weakness, a softer dollar and even the cyber-attacks on bitcoin exchanges being cited. However, some analysts suggest it will take more than short-term technical moves to propel the yellow metal very far beyond the $1,300 level. Copper hit three-week highs this week, rising to $3.265. Silver gained a whopping 5% on Friday alone. Crude spent almost the entire week in the $100 handle, but the big gains in the front-month contract all arrived last Friday, post payrolls.

- January US retail sales slipped lower m/m even as the December result was revised lower, into negative territory. The disappointing data dampened the risk-on tone in markets on Thursday, however the reason for the slip is pretty obvious at this point: icy weather. The same excuse for weak results was behind the January jobs report and has been repeated by nearly every CEO in a consumer-exposed business for all of the current earnings season. The biggest negative component in the retail report was weak January auto sales, a factor which had already been disclosed in US January sales numbers out of the major auto manufacturers last week.

- Time Warner Cable agreed to Comcast's all-stock merger offer, valuing the cable giant around $45.2 billion, and spurning Charter Communications $132.50/share offer. The deal combines the two largest US cable TV companies in an entity with 30 million subscribers, and is practically guaranteed to draw lots of anti-trust attention. To assuage these concerns, Comcast has pledged to divest 3 million subscribers after the deal closes, but notably the deal did not include any breakup fee, and Time Warner shares are trading at more than a 5% discount to the deal price.

- Discomfort with the future of Cisco has only deepened after its latest quarterly revenue decline. Cisco's revenue slid 8% y/y in its second quarter, and it said it would slide another 6-8% in its third quarter. CEO Chambers pounded the table, citing a book-to-bill greater than 1.0 and the best booking backlog the company has seen in years. Cisco shares lost 4.5% after reporting on Wednesday but recovered nearly all of the losses in the back half of the week. Meanwhile, two other tech hardware names, Applied Materials and Nvidia, surged to new 52 week highs after issuing strong quarterly reports.

- Deere topped consensus expectations in its first quarter report, on very modest y/y gains in income and revenue. The firm reiterated it glum forecasts for FY14, with total sales seen down 3% y/y, on flagging global demand. One bright spot was the outlook for construction and forestry, as the rebounding economy in the US and Canada spurs more housing starts.

- Italian Prime Minister Enrico Letta has been thrown out of office by the leader of his own party, Matteo Renzi. The young, ambitious leader of the center-left Democratic Party, Renzi claimed that electoral and employment reforms were getting mired in political paralysis and felt compelled to push Letta out. The move gives Italy its third government in the last 12 months, though Renzi got assurances from the erstwhile opposition that they would continue to support the ruling coalition. Yields on 10-year Italian government bonds fell to their lowest levels since early 2006, around 3.68%, reflecting the lack of concern over the developments in financial markets.

- EUR/USD rose to its highest levels in two weeks and very nearly matched YTD highs from early January, around 1.3715. The ECB monthly report trimmed its outlook for Eurozone inflation in 2014 and 2015, however the initial 2016 forecast was for harmonized CPI at 1.7% in 2016, backing Draghi's repeated assertions that there will not be deflation in the Eurozone. Recall that in last week's post-ECB decision press conference, Draghi specifically cited the need to have these initial 2016 forecasts in hand before making any more decisions about cutting rates further. Decent preliminary Q4 GDP reports from core members France, Germany, and the Netherlands as well as peripheral nations Italy and Portugal also helped support the euro.

- The Bank of England's quarterly inflation report was seen as a bit more hawkish than expected in maintaining the 7.0% unemployment threshold (with the latest unemployment reading at 7.1%). The report also suggested the BoE's new forward guidance would monitor a broader range of economic indicators, without being too specific about which indicators were being watched. Sterling firmed as analysts decided the BoE will tighten policy sooner than it would loosen it. GBP/USD hit highest level since May 2011, above 1.6700.



Feb 14 2014

Some trades work just right - not too fast (easy to enter) and not too slow (not make you wait too long). 40 cents in 20 minutes is nice too. Far from asking AIG to be our valentine, but it deserves some acknowledgement.


Between that and a few more 1:2ers on WTW, GLD, C etc, finished an uneven week on a very nice note. Always pleasant to go into the weekend, especially long one, with solidly profitable day.



Session Time: Fri Feb 14 00:00:00 2014
01[09:11] {@Threei}  2 separate crashes involving as many as 100 cars shut down eastbound lanes of Pennsylvania Turnpike
01[09:12] {@Threei}  good thing dino doesn't have to drive to work
[09:20] {_darekj} gm all
01[09:20] {@Threei}  darek :)
[09:22] {dino} gm, total snow from storm, 18"
[09:23] {RonS} howdy dudeys
01[09:23] {@Threei}  dino, ron :)
01[09:23] {@Threei}  18" is a lot
01[09:24] {@Threei}  but here is something worse:
01[09:24] {@Threei}  (Reuters) – The savings of the European Union’s 500 million citizens could be used to fund long-term investments to boost the economy and help plug the gap left by banks since the financial crisis, an EU document says.
01[09:24] {@Threei}  The Commission will ask the bloc’s insurance watchdog in the second half of this year for advice on a possible draft law “to mobilize more personal pension savings for long-term financing”, the document said.
01[09:24] {@Threei}  can you believe this crap?
[09:25] {RonS} cray...the nsa must be buying a lot of supercomputers...
01[09:25] {@Threei}  lol
[09:26] {RonS} Factory production in U.S. fell in January by most since 2009: http://bloom.bg/1nyBZZN
[09:26] {RonS} .8%
[09:27] {RonS} -
[09:27] {ese} morning ladies and gents
01[09:28] {@Threei}  ese :)
[09:29] {ese} just decided we won't be geting on a plane this weekend........
01[09:30] {@Threei} Long Setup:  GDX  .40 break
01[09:30] {@Threei}  If holds  .35
01[09:31] {@Threei}  tight stop for the opening trade
01[09:31] {@Threei}  better to have another shot
01[09:32] {@Threei}  especially considering that it's an aggressive entry for .45
[09:32] {ese} in .41
01[09:34] {@Threei}  1:1
[09:34] {ese} 1/2
[09:35] {ese} full balance .53
[09:35] {thomcbell} mu weak
[09:36] {ese} +.10 .+12 thnaks vad
01[09:36] {@Threei}  yw
01[09:36] {@Threei} Short Setup: C  .65 break
01[09:37] {@Threei}  If holds  .75
01[09:37] {@Threei}  nailed GDX top, ese
[09:37] {ese} that was bs luck
[09:38] {ese} saw the one min bar clip red for a second....then green....went hmmmmmm.out
[09:39] {ese} am surprised i was thinking that fast
01[09:39] {@Threei}  coffee... allows you do more stupid things faster
[09:40] {ese} indeed
01[09:40] {@Threei}  especially if taken IV
[09:41] {ese} lol
01[09:41] {@Threei}  let's trail C to .71
01[09:42] {@Threei}  shouldn't hold this well while SPY drops like this
[09:42] {ese} now that something that might sell..............have one of them stands for a coffee drip right beside your chair
[09:43] {thomcbell} mu 24.74 short break if holding 24.84
01[09:44] {@Threei} Short Setup: SLW  .70 break
01[09:45] {@Threei}  If holds  .75
01[09:45] {@Threei}  don't want to give them much room today
[09:46] {thomcbell} there is a wildly bullish article on fb on seeking alpha today
01[09:47] {@Threei}  that place became a square for anyone to speak
01[09:47] {@Threei}  walk to the podium, grab a mike
01[09:48] {@Threei}  that said, FB is interesting
01[09:48] {@Threei}  .40 is all out break
01[09:48] {@Threei}  meh SLW
01[09:50] {@Threei}  what the
[09:50] {RonS} chgg gone pulp
01[09:50] {@Threei}  look at SPY
01[09:52] {@Threei} Long Setup:  FB  .10 break hl
01[09:52] {@Threei}  If holds  67
01[09:54] {@Threei}  heavy...
01[09:54] {@Threei}  honestly trying but there is a lot of resistanve
01[09:55] {@Threei}  let's trail to .04
[09:55] {thomcbell} mu invalidated
01[09:55] {@Threei}  *(US) FEB PRELIMINARY UNIVERSITY OF MICHIGAN CONFIDENCE: 81.2 V 80.2E
01[09:55] {@Threei}  out
[09:56] {dino} z smr l .77 gapper
01[09:58] {@Threei} Long Setup:  WMT  .70 break
01[09:58] {@Threei}  If holds  .70
01[09:58] {@Threei}  If holds  .60
[09:59] {dino} z no go stop -.35
01[10:05] {@Threei}  1:1
01[10:08] {@Threei}  C rinsed
[10:09] {dino} sjm drop
[10:10] {RonS} smucks
[10:10] {dino} z rinsed
[10:13] {RonS} caught sjm 87.40 to 88.45 too fast to post...thanks dino
01[10:14] {@Threei}  1:2
[10:15] {RonS} sjm miss 1.2% and guide down only 3.5%...
[10:16] {dino} gj ron
01[10:18] {@Threei}  nice one ron
[10:18] {RonS} ty...feel better today...
01[10:19] {@Threei}  :)
[10:19] {RonS} jesse livermore said he traded the worst when sick...so i lay off when i am...
[10:20] {dino} z sm l .80
[10:22] {dino} lol ron, you remind me of jesse
[10:25] {thomcbell} urs not trading much but pattern starting to interest me
[10:32] {dino} disca sm l .26
01[10:41] {@Threei}  CI
01[10:41] {@Threei}  sharp spike
01[10:42] {@Threei} Short Setup: AIG  .45 break
01[10:43] {@Threei}  If holds  .55
01[10:44] {@Threei}  stop to .51
[10:45] {dino} wuba spike
[10:45] {thomcbell} that wuba is thin and it didnt participate yest
[10:45] {thomcbell} with other chinese names
01[10:47] {@Threei}  1:1
[10:49] {dino} wuba smr s .28
01[10:53] {@Threei}  1:2
[10:54] {RonS} disca thicker than kirstie alley...
01[10:55] {@Threei}  ouch
[10:59] {RonS} was gonna say rosie odonell but that made even me recoil...  :)
[10:59] {dino} lol
01[11:03] {@Threei}  will try for 1:4 on AIG
01[11:03] {@Threei}  1:3
[11:03] {RonS} dino gogo
01[11:03] {@Threei}  1:4 baby
01[11:04] {@Threei}  out
[11:04] {RonS} want gogo around 20 here...
[11:04] {dino} 20.00?
[11:05] {RonS} yes...chgg l .58
[11:05] {_darekj} out AIG ty Vad
[11:05] {dino} good name for a strip club
01[11:06] {@Threei}  don't tell me no one took AIG
01[11:06] {@Threei}  darek :)
[11:07] {thomcbell} nope
[11:07] {goinshort} got in late - but nice scalp
[11:07] {thomcbell} anyone grab some urs
[11:07] {thomcbell} it is drifting up nicely
[11:10] {dino} cov wuba .68, +.60
[11:11] {thomcbell} nice dino
[11:11] {ese} Smokey Robinson and the Miracles wrote a tune called Goin To A Gogo.......my band and my High school band do the tune
[11:11] {dino} ty
[11:12] {dino} i remember a remake of that
[11:12] {ese} oh ya......and nice one wuba dino
[11:12] {ese} is that what we do on this site....trade stocks
[11:12] {ese} what was the remake?
[11:12] {nemo} I primarily harass and insult
[11:12] {ese} by who?
[11:12] {dino} out disca .36, +.10
[11:13] {dino} dk
[11:13] {ese} and!!!!!!! your en expert nemo
[11:14] {ese} a force to be reconed with
01[11:14] {@Threei}  look at that near perfect cover on AIG
01[11:14] {@Threei}  too bad we haven't reversed there, lol
[11:14] {goinshort} how about C for a short?
01[11:15] {@Threei}  .50 break...
01[11:15] {@Threei}  looks very tempting
[11:15] {goinshort} i agree
01[11:15] {@Threei}  with .58 stop, yes
[11:15] {goinshort} maybe .55
01[11:15] {@Threei} Short Setup: C  .50 break
01[11:15] {@Threei}  If holds  .57
[11:16] {thomcbell} vxx for afternoon long ?
[11:17] {nemo} probably, but I don't expect the vigor of the last few fridays
[11:18] {dino} damn, too tight disca
[11:19] {RonS} rtrx gone pulp
[11:20] {RonS} omg rtrx daily looks like nightmare...
[11:22] {dino} looks like a big island
[11:23] {RonS} vancouver? great britain? australia?
[11:23] {dino} lol
[11:35] {dino} cray
[11:38] {RonS} seymour's heirs must be smiling...
[11:40] {RonS} ...he died when his porshe hit some ice and he slammed into the underside of an overpass... CO Springs
[11:42] {RonS} true genius and American hero:   http://en.wikipedia.org/wiki/Seymore_Cray
01[11:42] {@Threei} Long Setup:  GLD  .90 break
01[11:43] {@Threei}  If holds  .85
[11:43] {RonS} damn missed gog entry by .02
[11:43] {RonS} gogo
[11:44] {dino} wuba spike again
01[11:45] {@Threei}  1:1
01[11:49] {@Threei}  Ron...
01[11:49] {@Threei}  no single line about WTW losung weight today?
[11:49] {RonS} very interesting for later:  http://www.youtube.com/watch?v=7PvfbbaiDdc
01[11:50] {@Threei}  you are slipping, man...
[11:50] {ese} am off...cya monday...tks for the trade today vad
01[11:50] {@Threei}  take care ese, have a good one
[11:50] {RonS} would be like hitting a parapalegic...
[11:50] {dino} cya
01[11:50] {@Threei}  which is wrong why? (channeling nemo)
[11:51] {dino} speaking of wtw, just weighed in. down 19 lbs since 1/6/14
01[11:51] {@Threei}  nice
01[11:51] {@Threei}  on what?
01[11:52] {@Threei}  low carb?
[11:52] {RonS} dino:  thanks snow...
[11:52] {dino} yes, atkins
[11:53] {thomcbell} wow that is a lot dino
[11:54] {thomcbell} congrats
01[11:54] {@Threei} Short Setup: WTW  .60 break hl
01[11:54] {@Threei}  If holds  .70
[11:54] {dino} goal is 30 by end of march. ymca sponsors a weight loss contest. weekly rankings by % in paper. i'm in 6th place on mens division -7.7%
01[11:55] {@Threei}  low carb is great, just gotta exit it right
[11:55] {dino} been cheating on weekends a little, pretty strict weekdays
[11:55] {RonS} lol dino...never heard of such a thing...nothing else to do around there?
01[11:55] {@Threei}  not adding all carbs on day one, with pasta, pizza and chocolate cake to celebrate :)
01[11:56] {@Threei}  but Ron... in his neck of the woods, they give you a winner of a swimsuit model contest as a prize
[11:56] {dino} ron, i'll tell ya, by publishing your name weekly, it really makes you try
[11:57] {dino} actually $300 prize to winner
[11:58] {thomcbell} the cheat day actually helps
[11:59] {dino} hasn't hurt
[12:01] {thomcbell} vad slw
[12:01] {thomcbell} did u make money on that short?
01[12:01] {@Threei}  nope, too tight stop
01[12:04] {@Threei}  1:1  WTW  close enough
01[12:04] {@Threei}  half out
01[12:17] {@Threei}  pit in full
01[12:17] {@Threei}  put
01[12:18] {@Threei}  out
01[12:18] {@Threei}  sheesh
01[12:18] {@Threei}  3 atempt to get the 3-letter word right
01[12:18] {@Threei}  attempts
01[12:18] {@Threei}  {-- crying
01[12:18] {@Threei}  {-- crying bitterly
01[12:19] {@Threei}  {-- pouring ashes on his head
[12:24] {RonS} tts gone pulp
01[12:42] {@Threei}  (EU) ECB's Weidmann: German Constitutional Court decision shows the court shares the Bundesbank's concerns about the OMT; expansionary monetary policy remains appropriate - comments in Bremen- Central banks may tighten policy whenever they want, markets should not be a guide for monetary policy. - Must make sovereign defaults in the eurozone possible in the future - Seeing the light at the end of the tunnel on economic reforms, but Germany cannot get complacent about reform. - Expansionary monetary policy is justified, but low rates can not become a permanent condition.
01[12:47] {@Threei} Long Setup:  WTW  .70 break hl
01[12:47] {@Threei}  If holds  .60
[12:49] {Routine071} hi anyone alive?
[12:49] {nemo} comatime
01[12:49] {@Threei}  everyone's alive. Now, who are you and what are you doing here?
06[12:50] * nemo racks the slide
[12:50] {goinshort} release the hounds
[13:15] {thomcbell} spwr 32.65 long break
[13:15] {thomcbell} for a chop
[13:17] {RonS} hey nemo...3i needs a vlentine's present: http://6dollarshirts.com/product.php?productid=11451
[13:20] {nemo} hehehehe
01[13:21] {@Threei}  hmmm
01[13:21] {@Threei}  Show off your complete and utter apathy with this tee.
01[13:21] {@Threei}  lol
[13:23] {thomcbell} spwr no go
[13:54] {dino} zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz
[13:55] {thomcbell} the worst
[13:55] {thomcbell} its like aug 10
01[14:03] {@Threei}  (US) White House and Govt agencies reportedly is providing guidance to financial institutions on how to do business with marijuana companies ***Reminder: Back in January, US AG Holder stated that the Obama administration would soon announce regulations to make it easier for banks to do business with legal marijuana sellers.
01[14:03] {@Threei}  I'd say, this is high priority matter
[14:08] {goinshort} how about a CAT bounce at .50?
01[14:09] {@Threei}  bounce?
01[14:09] {@Threei}  breakout you mean?
[14:10] {goinshort} ok long
01[14:10] {@Threei}  chart's right but considering time of the day, I'd eaither do a half lot, or wait for pullback
[14:11] {thomcbell} this ubnt is interesting to me - been strong but encountered some selling yesterday afternoon and into today but very well matched sides here in a tight range
[14:12] {thomcbell} below vwap and opening range which is a negative so i am small
[14:12] {dino} z getting pretty bloody on a huge beat
[14:12] {thomcbell} y the trla is killing it
[14:17] {RonS} ya, in z .10...
[14:17] {dino} z sm l .75
[14:17] {dino} nice entry ron
[14:18] {RonS} held my nose and jumped...s/l be
[14:20] {dino} most likey swinging this
[14:22] {RonS} damn disca, my comment got it moving...
01[14:30] {@Threei}  so, my rancher is where it was yesterday, but this is not over:
01[14:30] {@Threei}  HEAD'S UP! A series of Pacific storms will continue to pass through the BC coast during the weekend. Damaging winds are forecast to accompany these storms. The next storm will arrives Saturday morning.
01[14:30] {@Threei}  wicked witches beware
[14:44] {RonS}  Shares of real estate site Zillow (Z:$81.6409,$-8.3591,-9.29%) on Friday triggered a short-sale circuit breaker on the Nasdaq, and were recently off almost 10% at $81.22. The circuit breaker is designed to slow shorting -- or borrowing shares in a bet the stock will fall further --in an already falling
[14:44] {RonS} come on baby squeeze!!
01[14:45] {@Threei}  that's very valentiny
[14:45] {RonS} lol
01[14:45] {@Threei}  :)
[14:46] {RonS} get all mushy and nemo will have to puke...
01[14:46] {@Threei}  which is wrong why?
[14:47] {RonS} eqzacktly...just sayin...
[15:08] {RonS} freakin fidelity has the auto re-fill on the .06 offer
[15:10] {RonS} out z .85 +.75
01[15:10] {@Threei}  wtg
[15:10] {RonS} ...time to unleash it for dino...
[15:13] {dino} nice one ron
[15:17] {RonS} ...thinking ese shows up monday wondering wtf...
01[15:20] {@Threei}  hmm?
01[15:20] {@Threei}  what about Monday?
01[15:23] {@Threei} Short Setup: GLD  .20 break
01[15:23] {@Threei}  If holds  .30
01[15:24] {@Threei}  wait, is it long weekend?
[15:24] {RonS} president's day...
01[15:24] {@Threei}  sheesh...
01[15:24] {@Threei}  good thing you mentioned it, lol
01[15:24] {@Threei}  otherwise I would be ese
01[15:26] {@Threei} Short Setup: SLW  .45 break
01[15:26] {@Threei}  If holds  .55
01[15:26] {@Threei}  If holds  .52
01[15:42] {@Threei}  1:1  GLD
[15:50] {dino} banks not really participating last 2 days
01[15:51] {@Threei}  something to short when market pulls back
[15:52] {dino} calling it a week, gn all
01[15:52] {@Threei}  have a good one dino, see you tuesday
[15:52] {dino} u2 buddy
01[15:52] {@Threei}  want a few cents more form both shorts
[15:52] {thomcbell} take care all
01[15:52] {@Threei}  3 minutes
01[15:52] {@Threei}  take care thom
[15:53] {_darekj} see you next week
01[15:54] {@Threei}  darek :)
01[15:54] {@Threei}  see private please
01[15:55] {@Threei}  closing GLD +.14
01[15:56] {@Threei}  closing SLW +.06
01[15:56] {@Threei}  good day to finish the week
01[15:56] {@Threei}  thank you all, have a great long weekend
01[15:56] {@Threei}  see you tuesday
[15:57] {nemo} C U Next Tuesday