Monday, May 12, 2014

May 12 2014

Nice morning and jerky afternoon locked in a tight range. Light volume, too.


Session Time: Mon May 12 00:00:00 2014
[09:02] {dino} gm
01[09:02] {@Threei}  morning dino
[09:03] {dptl} good morning
[09:03] {RonS} gm from snowy denver
01[09:03] {@Threei}  dp, ron :)
01[09:03] {@Threei}  wow... really Ron??
[09:04] {RonS} ya, low from west combined w/ cold and moisture from north to produce upslope...
[09:05] {RonS} rain/snow all day yesterday, still snowing now...system out at noon
[09:06] {RonS} still cold through tomorrow...80 by sunday
01[09:06] {@Threei}  brutal
01[09:06] {@Threei}  it was too hot yesterday to finish lawn mowing, did just half
[09:08] {RonS} may be rascist but in US we say:  that's why god invented mexicans...
01[09:09] {@Threei}  none here
[09:09] {RonS} the ones around here are from the state of chihuahua and are good workers and decent folk
[09:10] {RonS} clb getting clubbed on miss and guide lower...interested 155-157...
[09:12] {RonS} sheesh, thought it was biotech but its oil service
01[09:12] {@Threei}  who cares... }G}
[09:13] {nemo} no spy volume this morning
01[09:13] {@Threei}  no but it's weightless
01[09:13] {@Threei}  floats up by itself
[09:13] {nemo} so isn't the space in Les's head
[09:14] {RonS} miss Les...prompts nemo's participation...
[09:14] {nemo} yeah, he creates a Pavlovian response
[09:15] {troub} Good morning you all
[09:15] {nemo} troub....niceties are really tough on me
01[09:15] {@Threei}  troub :)
[09:16] {nemo} btw...Orphan Black is a very interesting tv series...one actress plays multiple characters...it's engaging
[09:16] {nemo} Odd Thomas a good movie too
01[09:17] {@Threei}  I again suggest The Americans
01[09:17] {@Threei}  http://www.globalpost.com/dispatch/news/culture-lifestyle/entertainment/140507/tv-the-americans-russians-soviet-spy
[09:18] {nemo} and The Best Exotic Marigold Hotel
[09:21] {RonS} ut oh, power fickering
[09:21] {RonS} flick
[09:23] {Alexs} good morning
01[09:23] {@Threei}  alex :)
[09:24] {RonS} gogo 25% float short...beat
[09:25] {ese} morning
01[09:25] {@Threei}  ese :)
[09:25] {RonS} ese gogo
[09:26] {ese} Ron Vad
01[09:29] {@Threei}  looks like floating up is the theme
01[09:29] {@Threei}  not sure why GLD climbs though, would exect it to drop
[09:30] {dino} vad, saw those elections in ukraine, 90%
[09:30] {ese} hmmmmmm ya......thats a good point vad
01[09:30] {@Threei}  89
01[09:30] {@Threei}  you know who to ask about next lttery numbers, right?
01[09:31] {@Threei}  {Threei} 10:31] {@Threei} as if there is any doubt in the result... I predict 89%
01[09:31] {@Threei}  {Threei} [15:46] {@Threei} referndum will be 89%
01[09:31] {@Threei}  Separatist election officials reported 89 percent for seceding and 10 percent against doing so in Donetsk Oblast.
01[09:31] {@Threei} Short Setup: GLD  .30 break
[09:31] {ese} I can't make a judgement on gold these days.....the events in the Ukraine seem to play havoc with gold
01[09:31] {@Threei}  If holds  .40
01[09:36] {@Threei}  (EU) France's Le Pen: Right wing parties in the EU Parliament looking to band together and work to block EU trade agreement with the US- Eurosceptic parties should win enough seats to form a political group in the legislature **NOTE: in the May 22-25th European Parliament elections, polls have indicated that anti-EU populists and nationalist from the left and right could potentially double the number of seats they hold in the body to over 20%
01[09:36] {@Threei}  next possible irritant for the market
01[09:37] {@Threei}  FB sharp pullback
01[09:40] {@Threei}  wake up already GLD
01[09:40] {@Threei}  right direction but you could move faster
01[09:41] {@Threei}  should accelerate after losing .20
01[09:44] {@Threei}  seriously... didn't expect it to be this slow
[09:44] {nemo} there trying to get to new spy highs it's all indexes
01[09:45] {@Threei}  "there"? give me a gun
[09:45] {nemo} they're
[09:45] {nemo} sorry...too much vodka this morning
01[09:45] {@Threei}  stop to .36
[09:46] {nemo} OP EX week too
01[09:46] {@Threei}  1:1
01[09:46] {@Threei}  finally
01[09:47] {@Threei} Long Setup:  TZA  .40 break
01[09:48] {@Threei}  If holds  .35
01[09:48] {@Threei}  Invalidated
01[09:48] {@Threei}  but the idea is valid, looking for another entry
01[09:51] {@Threei} Long Setup:  TZA  .30 break
01[09:52] {@Threei}  If holds  .24
01[09:52] {@Threei}  GLD stop to .26
01[09:53] {@Threei}  1/4 more out
01[09:53] {@Threei}  stop to .21
01[09:54] {@Threei}  meh TZA
01[09:54] {@Threei}  OK GLD, give us 1:3 and we are friends again
01[09:56] {@Threei}  closed on a trail
[09:56] {dino} bcei hl l .61 gappy
01[09:58] {@Threei} Long Setup:  CAT  .15 break hl
01[09:59] {@Threei}  If holds  106
[10:01] {dino} bcei stop .33 -.31
01[10:02] {@Threei}  half out
01[10:02] {@Threei}  stop .14
[10:03] {nemo} spy iwm short setups, but think they push higher
01[10:03] {@Threei}  feels like one last push
01[10:03] {@Threei}  then pullback finally
01[10:04] {@Threei}  1/4 more out CAT
[10:04] {nemo} well you are the proverbial hair from all time highs during op ex week  "diabolical" is the week's watchword
01[10:04] {@Threei}  stop .24
[10:06] {dino} rinsed
[10:08] {dino} clb smr l .49
01[10:09] {@Threei} Long Setup:  TZA  ..5 break
01[10:09] {@Threei}  .05
01[10:10] {@Threei}  If holds  .97
01[10:11] {@Threei}  closed last CAT on a trail
[10:11] {nemo} 112.05 Weekly R1 IWM
01[10:13] {@Threei}  Invalidated  TZA
[10:13] {ese} L peix .32
[10:14] {ese} sm
01[10:16] {@Threei}  [09:29] {@Threei} looks like floating up is the theme
[10:16] {nemo} R3 IWM
01[10:17] {@Threei}  why didn't we just buy IWM on thast idea, having preliminary sold farm, wife and children
[10:17] {nemo} pay somebody to take the wife and children
[10:17] {dino} out clb .68, +1.19
01[10:18] {@Threei}  wtg
[10:18] {dino} ty, things all over the place
01[10:21] {@Threei} Long Setup:  TZA  .80 break
01[10:21] {@Threei}  If holds  .72
[10:21] {nemo} algo all green no weakness anywhere
[10:22] {nemo} we're .20 off all time highs
01[10:25] {@Threei}  "Which country we will join will be decided after consultations with experts," separatist leader said.
01[10:25] {@Threei}  they consider Honduras I understand
01[10:25] {@Threei}  or Burkina Faso
[10:26] {Alexs} EU I guess
01[10:26] {@Threei}  not exotic enough
[10:27] {cosmo} turkey?
01[10:27] {@Threei}  no
01[10:28] {@Threei}  leader's kast name sounds dirty for russian ear
01[10:28] {@Threei}  last
[10:28] {cosmo} i c
01[10:28] {@Threei}  suggest alex or dp to say Edrogan without flinching
01[10:29] {@Threei}  stop to .74
01[10:31] {@Threei}  holding by fingertips
[10:38] {Alexs} Turchynov, acting president of Ukraine, told parliament on Monday that turnout was 24% in Luhansk and 32% in Donetsk
01[10:39] {@Threei}  I wonder how he knows that
[10:40] {Alexs} It's stupid to alaborate on it if you don't recognize the referendum
01[10:41] {@Threei}  but that's nothing... from my friend in Gorlovka, Donetsk province, quick translation. Here is how real men do referendums:
01[10:41] {@Threei}  you come to a booth with ballot in hands, a man standing near the ballot box takes it from you and looks at it. If Yes is checked, he drops it in the box; if No, he throws it in the litter and tells you go and think again before you come back. As you walk back, people with machine guns observing the scene focus on you.
[10:41] {Alexs} lol
[10:44] {Alexs} so  what was your friend choice finally?
01[10:44] {@Threei}  walked off
[10:44] {dino} gun to the head
01[10:44] {@Threei}  according to him, majority never came to vote
01[10:45] {@Threei}  they were against separation but coming and voting so means putting yourself in too much danger
01[10:45] {@Threei}  people get beaten up and kidnapped routinely for speaking ip against separation
01[10:48] {@Threei}  16 year old teen's from Donetsk Tweet: “Hooray! I already voted 4 times, no ID needed, ballots marked “No” are immediately torn up"
01[10:49] {@Threei}  ok... SPY finally shows more weakness
[10:49] {dino} lol, sounds like philadelphia, no id needed
[10:49] {nemo} http://goo.gl/CCw0xc
01[10:50] {@Threei}  half out TZA
01[10:50] {@Threei}  stop to .79
01[10:50] {@Threei}  https://scontent-a-sea.xx.fbcdn.net/hphotos-frc3/t1.0-9/10308236_10203792349191863_1546671499463485177_n.jpg
01[10:51] {@Threei}  can't believe we finally nailed the top
01[10:52] {@Threei}  drive up looked endless
01[10:53] {@Threei}  A senior Russian politician said on Sunday he had brought to Moscow a petition by residents of Moldova's Russian-speaking, breakaway region of Transdniestria backing union with Russia.
01[10:54] {@Threei}  Rogozin triggered an angry response from NATO member Romania on Saturday when, reacting to being barred from Romanian airspace, he said that next time he would fly on a Russian bomber jet.
01[10:59] {@Threei}  business first:
01[10:59] {@Threei}  PARIS — France will press ahead with a 1.2 billion-euro ($1.66 billion) contract to sell helicopter carriers to Russia because cancelling the deal would do more damage to Paris than to Moscow, French diplomatic sources said on May 12.
[11:00] {Alexs} lol
[11:03] {dino} lol
[11:04] {dino} clb smr l .34
01[11:09] {@Threei}  UR) Ukraine separatists call on Russia to absorb the Donetsk region into Russia - Russia press- Donetsk declares itself a sovereign state as the Donetsk People's Republic and asks to join the Russian Federation.
01[11:10] {@Threei}  difficyukt choice between Russia, Honduras and Burkina Faso is made after prolonged deliberations
[11:16] {cosmo} I'd go with Uraguay
01[11:17] {@Threei}  valid option but too late I guess
01[11:17] {@Threei}  compettition from Honduras was fierce
01[11:19] {@Threei}  Traders appear to be ignoring the events in Ukraine this morning.
01[11:19] {@Threei}  of course they do
01[11:19] {@Threei}  market dioesn't care who Ukraine belongs to
01[11:19] {@Threei}  market cares about war breaking out
01[11:19] {@Threei}  if no war, market floats up
[11:20] {nemo} ehhh  Ukraine...just a bunch of Russky wannabees anyway
01[11:21] {@Threei}  or rather not-wannabees, lol
[11:21] {nemo} yeah...."1 man's death a tragedy...20 million, merely a statistic"  ~Uncle Joe
[11:21] {nemo} DE looks weak
01[11:23] {@Threei} Long Setup:  FB  .40 break
01[11:23] {@Threei}  If holds  .30
01[11:28] {@Threei}  no go
01[11:34] {@Threei}  looks like new highs are about to be madr
01[11:34] {@Threei} Long Setup:  IWM  .50 break hl
[11:34] {nemo} DIA all time highs today
01[11:34] {@Threei}  If holds  .40
[11:34] {ese} out peix .54 +.22
[11:35] {ese} have a good day all...pleasure doing business wih you
01[11:35] {@Threei}  take care ese
[11:36] {ese} cya vad.....not participating much these day on the blog but i'll get...busy time of the year....3 sometimes four shows a week for the next five weeks
[11:36] {ese} get there
[11:36] {dino} cyaese
[11:36] {ese} cya
01[11:36] {@Threei}  Invalidated  IWM
[11:36] {ese} dino
01[11:49] {@Threei}  second region made the difficult choice, and alas cosmo, Uruguay is not in the running again...
01[11:49] {@Threei}  (UR) Ukraine region of Luhansk declares independence and asks to join the Russian Federation - Russia press- Earlier this morning, Donetsk declared itself a sovereign state as the Donetsk People's Republic and asked to join the Russian Federation.
01[11:50] {@Threei}  so Alex... what criteria do we use for beer bet settlement?
[11:53] {Alexs} Annexation of those regions by Russia of course
01[11:53] {@Threei}  why? bet was for separation from Ukraine or remaining a part of it
[11:53] {Alexs} I bet Russia will not do it
01[11:54] {@Threei}  [15:51] {Alexs} I'm sure the country will be as it is today
01[11:54] {@Threei}  [15:51] {@Threei} ok... beer bet? :)
01[11:54] {@Threei}  [15:52] {Alexs} :) done
01[11:56] {@Threei}  full text is at http://tradinglog.realitytrader.com/2014/05/may-09-2014.html :)
01[11:57] {@Threei}  {---- keeping thorough records when it comes to beer
[11:57] {Alexs} ok what's your point of view, do they separated from Ukraine already?
01[11:57] {@Threei}  no
01[11:58] {@Threei}  it's a first step, still reversible, although I don't believe it will be reversed
[11:58] {Alexs} what will be that "red line"?
01[11:58] {@Threei}  thast was my question
01[11:59] {@Threei}  what is the market where you admit losing the bet? :)
01[11:59] {@Threei}  marker
01[12:00] {@Threei} Long Setup:  IWM  .30 break
01[12:00] {@Threei}  If holds  .20
[12:02] {Alexs} they can't survive separately, so I propose it will be the point there they conclude any agreement with other country then Ukraine about any kind of union
01[12:02] {@Threei}  what if they still simply remain autonomy?
01[12:03] {@Threei}  elect their own government, do not take part in Ukraine election etc
01[12:03] {@Threei}  isn't it separation?
01[12:03] {@Threei}  ugh, come on IWM
01[12:03] {@Threei}  2 cents from 1:1
[12:07] {Alexs} autonomy inside the country doesn't mean separation if they don't take a part in current Ukraine election in that situation I think it's obviouse thing because of war
[12:08] {Alexs} Don't you agree that they can't exist by theirselves?
01[12:09] {@Threei}  it doesn't mean they wouldn't try
01[12:09] {@Threei}  and why not... there are smaller countries
[12:10] {nemo} .16 range Qs since 10:15
01[12:11] {@Threei}  half out
01[12:11] {@Threei}  not going to let it turn into loss
01[12:11] {@Threei}  stop to .24
01[12:11] {@Threei}  worst case scenario, breakeven
01[12:20] {@Threei}  finally
01[12:20] {@Threei}  1/4 more out
01[12:20] {@Threei}  .46
01[12:23] {@Threei}  stop to .34
01[12:34] {@Threei}  is it time for SPY to retreat some, or will just hang in here
01[12:36] {@Threei} Long Setup:  TZA  .95 break
01[12:36] {@Threei}  If holds  .85
[12:36] {dino} not finding anything
01[12:37] {@Threei}  tight range at the top
01[12:37] {@Threei}  I doubt we will see real reversal, but some pullback is probably in order
01[12:37] {@Threei}  if for nothing else, then to just sucker in bears
01[12:38] {@Threei}  and then kill them by new spike into eod
01[12:38] {@Threei}  if this read is right (an no news comes in to ruin it), then we have a plan
[12:39] {Alexs} ok Vad lets put like that: as long as ukraine fight for that territories it's still a part of ukraine if they give up and their troops retreat from donetsk and lugansk regions you won?
01[12:39] {@Threei}  look for scalps on short side for now, then longs into close
01[12:39] {@Threei}  sounds about right
[12:40] {Alexs} :)
01[12:40] {@Threei}  (and I keep Kharkiv in reserve, i hope for another bet, for gorilka this time {G})
[12:41] {Alexs} rofl
01[12:42] {@Threei}  gs... do you have it in your liquor stores?
01[12:42] {@Threei}  ok TZA
01[12:42] {@Threei}  let's do 1:2
01[12:46] {@Threei}  anyone interested in good and unusual vodka, see if you can find it in your local stores... may sell as gorilka or pertsovka, easy to recognize by an amber color and red chili pepper floating inside
01[12:51] {@Threei}  .40 is SPY support to lose, to start some downdraft
01[13:25] {@Threei}  ugh
01[13:29] {@Threei}  anyone's breathing? or you all are asleep?
[13:30] {_rcford} lol
[13:30] {_rcford} here
01[13:30] {@Threei}  cool... I thought it was some kind of widespread coma
[13:30] {_rcford} lol
01[13:30] {@Threei}  although market is sure coma-onducing
01[13:30] {@Threei}  inducing
[13:31] {_rcford} twtr has performed well
[13:31] {_rcford} looks to make move higher
[13:31] {_rcford} resistance tho
01[13:33] {@Threei}  P breaks out
01[13:34] {@Threei}  if SPY does too, I'd think TWTR won't be far behind
[13:34] {_rcford} That'd be great ]
[13:35] {nemo} finnies noew highs
[13:35] {nemo} new
01[13:39] {@Threei}  TWTR new high
01[13:39] {@Threei}  whole 2 cents higher than old high
[13:39] {_rcford} lol
[13:40] {_rcford} it goes to 34 In my opinion
[13:42] {nemo} finnies going for the gap
[13:48] {nathan} hi gents
01[13:48] {@Threei}  hi nathan
[13:48] {nathan} important news at 14h?
01[13:49] {@Threei}  nah
01[13:49] {@Threei}  Budget statement
[13:49] {nathan} ok
01[13:49] {@Threei}  not a biggie
[13:49] {nathan} good to know
01[13:49] {@Threei}  (US) Preview: Apr Monthly Budget Statement due out at 14:00ET (18:00 GMT)**Consensus expectation: $114Be v $112.9B prior
01[13:50] {@Threei}  unless it's some outrageous number... like 5B
01[13:51] {@Threei}  Donetsk armed forces claim they will engage and fight Ukraine forces if the deadline for Ukraine security forces to leave the sovereign territory is ignored
01[13:51] {@Threei}  I can already taste my beer, Alex
01[13:54] {@Threei}  34 is within spit distance rcford
01[13:54] {@Threei}  spitting is not very polite though... so, stone throw
[13:58] {_rcford} lol
[13:58] {_rcford} it should happen
01[13:59] {@Threei}  *(US) APR MONTHLY BUDGET STATEMENT: $106.9B V $114BE- Receipts: $ v $406.7B y/y- Outlays: $ v $293.8B y/y -
01[13:59] {@Threei}  Receipts: $414.2B v $406.7B y/y - Outlays: $307.4B v $293.8B y/y
01[14:00] {@Threei}  so, receipts grew by 8B
01[14:00] {@Threei}  great
01[14:00] {@Threei}  but putlays grew by 14B
01[14:00] {@Threei}  yep, we are on our way to extuinguish debt
01[14:04] {@Threei} Short Setup: GLD  .80 break
01[14:04] {@Threei}  If holds  .90
01[14:12] {@Threei}  TWTR is almost there
[14:13] {_rcford} yes
01[14:13] {@Threei}  I think it might get blisters on its skin with this speed
[14:13] {_rcford} lol
[14:13] {_rcford} This one a good read from the momentum
[14:14] {_rcford} oh
[14:14] {_rcford} yeah
[14:16] {_rcford} here comes the bride
[14:17] {nemo} spy what a frickin tease
01[14:18] {@Threei}  meanwhile, referndum or not, but there is real war happening in Slavyansk... shooting, explosions, small cannons
01[14:18] {@Threei}  people sit in their apartments and dshare information via internet where the shooting happens
01[14:19] {@Threei}  alex, want to read? It's beyond surreal
01[14:20] {@Threei}  die GLD
[14:20] {Alexs} it means ukraine is still fighting
01[14:20] {@Threei}  I guess, unless they all shoot at each other now
[14:22] {Alexs} they say separatists are not ukrainians, KGB agents
01[14:22] {@Threei}  not all of them
01[14:23] {@Threei}  instigators who forment unrest and recruit
01[14:23] {@Threei}  oh, and you know who is military commander of donetsk republic now?
[14:24] {Alexs} no who?
01[14:24] {@Threei}  that same igor strelkov
01[14:24] {@Threei}  GRU officer
01[14:24] {@Threei}  good boy GLD, give is more
01[14:24] {@Threei}  us
01[14:25] {@Threei}  .70 is last line of defense
01[14:25] {@Threei}  if loses it, should cascade
01[14:25] {@Threei}  plummet
01[14:25] {@Threei}  crash
01[14:25] {@Threei}  I mean crrrrrash
[14:27] {Alexs} don't spook it Vad lol
01[14:27] {@Threei}  I am trying to encourage it
01[14:28] {@Threei}  by shooting at it
[14:29] {Alexs} you learned something from Putin
01[14:29] {@Threei}  I am trying
01[14:29] {@Threei}  it obviously works for him
[14:30] {Alexs} lol
[14:33] {Alexs} Putin's tactic is Sun Tzu's art of war at work
01[14:33] {@Threei}  totally
01[14:33] {@Threei}  page by page
01[14:33] {@Threei}  and ese thinks he is stupid
01[14:34] {@Threei}  his purpose may be, but his actions in a course of acheiving that purpose are anything but
01[14:35] {@Threei}  and sheesh, he is reading West as open book and playing it like a flute
06[14:35] * @Threei hits GLD over the head with 2x4
01[14:38] {@Threei}  Duma chief: Anti-Russian sanctions cannot end Ukraine crisis
01[14:38] {@Threei}  Obama: you think?? just wait till we sanction 3, yes 3 more people!
01[14:39] {@Threei}  let's trail GLD to .86
[14:40] {RonS} Obama:  meanwhile we are holding the ultimate weapon in reserve...Michele getting on youtube with a pouty face holding a sign "Let Uktraine go"
01[14:41] {@Threei}  and, scared to mention such powerful weapon... hashtag??
01[14:42] {@Threei}  no... that might provoke nuclear response
[14:42] {nathan} rons you missed the #LetUkrainego
[14:42] {nathan} lol
01[14:43] {@Threei}  yes... last resort
01[14:43] {@Threei}  when nothing works, go to twitter and deploy almighty hashtag
[14:45] {RonS} beware the nuclear hashtag...
01[14:45] {@Threei}  General Motors Corp Reportedly intends to provide 4G LTE service in some vehicles beginning in 2015 using the OnStar and AT&T networks - financial press- Cars would be allowed to become a Wi-Fi hot spot for $5/day
01[14:45] {@Threei}  right
01[14:46] {@Threei}  let's text, watch youtube and tweet while driving
[14:46] {RonS} but remeber...no smoking...unless its pot
01[14:46] {@Threei}  imagine the productivity
[14:47] {Alexs} 5$/ day!? who needs it?
01[14:48] {@Threei}  bored drivers?
01[14:48] {@Threei}  also, if you drive in Slavyansk, you may want it to avoide the streets with active shooting
[14:49] {Alexs} you can make your phone a hot spot much cheaper
01[14:49] {@Threei}  but alex... if you are that smart you re not likely to drive GM
[14:50] {RonS} lol
[14:50] {nathan} lol
01[14:50] {@Threei}  see, they know their audience :)
[14:51] {Alexs} I like chevy tahoe actaully
01[14:51] {@Threei}  this guy bought our car? let's sell him an electornic map of his fridge
01[14:51] {@Threei}  app that helps find a shelf with mill
01[14:51] {@Threei}  milk
[14:55] {nemo} spy volume 56 mil probably looking at 80 mil day
01[14:56] {@Threei}  I overestimated sanctions by west. I said 3 people? it's two
01[14:56] {@Threei}  (RU) EU discloses new targets for sanctions in Russia as a result of the Ukraine crisis - press- Sanctions list includes Volodin (First Deputy Chief of Staff of the Presidential Executive Office), Shamanov (commander of Russia airborne unit)
01[14:56] {@Threei}  Volodin and Shamanov are in deep sorrow, and will drink whole next week
01[14:56] {@Threei}  wait... they would anyway
[14:59] {Alexs} actually russia suffer a big capital outflow mor than $170 bil already
01[14:59] {@Threei}  yup
[15:00] {Alexs} I think it hurts a lot
01[15:00] {@Threei}  It must
[15:00] {Alexs} and it will be harder
[15:02] {Alexs} now Putin's trying to get investment from china and it will be very dangerous fro russia
[15:02] {dino} of course small price to pay for that real estate called crimea
[15:03] {Alexs} china can swallow russia very quickly
01[15:03] {@Threei}  it actually started
01[15:04] {@Threei}  millions are sneaking in far east
[15:04] {Alexs} yup
01[15:04] {@Threei}  huge porous border
[15:04] {Alexs} just a beginning
01[15:05] {@Threei}  they read Sun Tzu too...
01[15:06] {@Threei}  why start a war if you can infiltrate and assimilate
[15:06] {nemo} actually, the Russian translations of Sun Tzu are much better than what are available in Englishy
[15:06] {nemo} English
01[15:06] {@Threei}  20 years later, half of Russia speaks Mandarin... what war?
[15:07] {Alexs} how do you know nemo?
[15:08] {nemo} It kinda' falls under my vocational expertise
01[15:08] {@Threei} Long Setup:  IWM  .90 break
01[15:08] {@Threei}  If holds  .80
01[15:09] {@Threei}  closed GLD
[15:10] {Alexs} but chinese read it in original language
[15:11] {nemo} You asked me about my statement comparing English and Russian translations
[15:11] {RonS} hmm... really?  given its age is it not an old version?
[15:11] {Alexs} yeah sure nemo
01[15:11] {@Threei}  as far as general principles go, quite current, ron
[15:12] {nathan} gn all
[15:12] {nathan} see u tomorrow
[15:12] {nemo} go have some Sangria
01[15:12] {@Threei}  take care nathan
[15:12] {RonS} not talking subject matter...but language...
[15:13] {nathan} hahaha
01[15:13] {@Threei}  oh
[15:14] {nemo} don't understand your point Ron
[15:16] {RonS} since there is Olde English, and Latin was the precursor to the romance languages would not a Chinese dialect be the same?
[15:16] {nemo} Mandarin characters have stayed pretty consistent for a coupla' thousand years
[15:17] {nemo} pronounciations vary
[15:17] {dptl} see ya tomorrow all
01[15:17] {@Threei}  take care dp
01[15:18] {@Threei}  btw, speaking of... if there were a rule forbidding to eat asnything with higher IQ, I know quite a few who would have been banned from eating a mandarin
[15:18] {RonS} characters may be the same but would not the meanings(s) evolve or devolve?
[15:19] {RonS} back then gay character happy...now homo   :)
01[15:20] {@Threei}  TWTR did it
01[15:21] {@Threei}  well... almost
[15:21] {RonS} happy to homo?
01[15:21] {@Threei}  got 34, but I expected it to explode after tat
01[15:21] {@Threei}  lol ron
01[15:21] {@Threei}  you rode it to 34, rcford?
[15:24] {_rcford} Oh No
[15:25] {_rcford} I actually just watch cause I hade face book and a couple others.  Up 700
01[15:25] {@Threei}  oh
[15:25] {_rcford} key board acting up
01[15:25] {@Threei}  gj anyway
[15:26] {_rcford} absolutely  we can't get them all
01[15:27] {@Threei}  Avakov: Ukraine government's armed operation in east to go on
[15:33] {Alexs} Avakov spoiled your beer dreams Vad
01[15:33] {@Threei}  not in the least
01[15:33] {@Threei}  I didn't expect them to give up on one day
01[15:35] {@Threei}  but it's inevitable... I see many ways to separation and practically none to reuniting
[15:37] {Alexs} looks like putin doesn't want an army of starving miners in his country though
01[15:37] {@Threei}  who would
01[15:37] {@Threei}  6.5 mil
01[15:37] {@Threei}  no go IWM
01[15:37] {@Threei}  afternoon is not mine today
[15:38] {Alexs} finaly it all be china
[15:38] {RonS} dammit..CLB unreal
[15:38] {Alexs} they give food and job to everybody
01[15:38] {@Threei}  imagine paying them all pensions and taking care of budget-dependent, at russian rate vs ukrainian
[15:39] {Alexs} it's killing factor that's what i'm saying
01[15:39] {@Threei}  plud guerrilla war
[15:40] {Alexs} exactly
01[15:40] {@Threei}  sure he will try to keep them out of russia, but not let them back in UYkraine either... puppet gobernment will be fine with him
[15:40] {Alexs} it's impossible situation
01[15:40] {@Threei}  for whom?
01[15:41] {@Threei}  for miners?
01[15:41] {@Threei}  what does he care? :)
01[15:42] {@Threei}  what the deuce
01[15:42] {@Threei}  SPY/IWM divergence
01[15:43] {@Threei}  q'uite weird
[15:43] {Alexs} lol I mean independent donetsk and luhansk even with a puppet government somebody needs to give them money
01[15:44] {@Threei}  well, they might face this impossible to imagine concept of actually earning it
01[15:45] {@Threei}  but on serious note, giving them discounted gas and some money here and there will be cheaper way for Russia to keep situation as it is
[15:47] {Alexs} I don't think that's what putin is planning
[15:48] {Alexs} he will sell them to the west for something more valuable for him
01[15:49] {@Threei}  difficult to say, but they sure made themselves a subject of trading
[15:49] {Alexs} yup
01[15:50] {@Threei}  new highs into close
01[15:50] {@Threei}  just as expected... but haven't found the way to exploit it
01[15:50] {@Threei}  grrr
01[15:51] {@Threei}  Ok guys, thank you
01[15:51] {@Threei}  have a good evening, see you tomorrow
[15:51] {Alexs} yes IWM behaved strange



Friday, May 9, 2014

Market Week Wrap-up

TradeTheNews.com  Weekly Market UpdateMarkets Muddle Through

Fri, 09 May 2014 16:14 PM EST

- Global equity markets muddled through this week as participants watched earnings season wind down. There was little in the way of big data reports to drive trading, although the China consumer price index rose at its slowest pace in a year and a half, prompting renewed calls for more stimulus measures. China reported improvement in its trade data, while the March US trade report was very strong, as exports rebounded to the second highest level on record, led by strong gains in sales of aircraft, autos and farm goods. The post-decision ECB press conference was the highlight of the week, as President Draghi hinted that the ECB council was prepared to take action at the next meeting, if necessary. Global bond yields fell to new record lows late in the week as investors positioned themselves for another round of ECB easing. Benchmark yields for debt issued by Spain, Italy and Ireland all hit their lowest levels since the nations entered the Eurozone, while Portugal's benchmark yield fell to levels last seen in 2009. In Ukraine, the violence continued although there was some indication that the Russian side could be opting for a less confrontational approach. The DJIA notched an all-time intraday high around 16,622 on Thursday, while declines in momentum stock hobbled the Nasdaq again. For the week, the DJIA added 0.4%, the S&P500 slipped 0.1% and the Nasdaq lost 1.3%.

- In her semi-annual monetary policy report to Congress, Fed Chair Yellen reiterated a lot of her rhetoric from recent speeches and offered little commentary that was new. Yellen said that low inflation is mostly transitory, that weak Q1 GDP was mostly due to weather, and that continuing policy accommodation is warranted. The only moderately impactful comment was that the recent flattening in the housing market may last longer than expected. The Fed's Fisher, Tarullo, Plosser, and Stein also spoke this week, and the most remarkable thing was how similar all their comments seemed: Q1 GDP weakness was due to weather, the taper will end on schedule, rates will remain low so long as inflation is below 2%. Interestingly, Fisher said he would like to get rid of the 'dot chart' forecasting future rates, calling it a flawed tool.

- The situation in Ukraine worsened over the weekend after dozens of pro-Russia separatists died in a building fire in Odessa last week and government forces continued military operations in the east, surrounding Slovyansk. Midweek the Russian side made conciliatory comments: after meeting with the OSCE to consult on a roadmap for calming tensions, Russia President Putin called for postponement of May 11th independence referendums in south and east Ukraine and said Ukraine's presidential election on May 25th was a move in the right direction. He also claimed Russian military forces were withdrawn from the border with Ukraine, although NATO later said that no troops had been pulled back.

- Earnings season is winding down at this point, with the retailers, Deere and Cisco on tap next week. Of the 451 S&P 500 constituents that have released results this earnings season, 76% have beaten estimates for profit, while 53% have exceeded projections for revenue. The Nasdaq continued to be a big source of weakness as investors sold off four-letter biotech and tech names at any hint of trouble: between Monday's close and the first hour of trading on Wednesday, the Nasdaq lost 2.5%, and saw plenty of volatility through week's end. Tesla was down 15% on lackluster Q2 earnings guidance. Groupon fell 20% on concerns about its Q1 earnings quality.

- Between the closing bell on Monday and midafternoon on Wednesday, shares of Twitter lost nearly one quarter of their value in heavy volume after its second post-IPO share lockup expired. Shares dipped to post-IPO lows below $30 after 475M shares became eligible for sale, although they regained some ground in the latter half of the week, reaching $33. Co-founders Jack Dorsey and Evan Williams and CEO Dick Costolo said in April they had no intentions to sell their shares, but other insiders likely got out, especially given that none of them sold stock during the IPO.

- Alibaba filed for its US IPO this week. Officially the filing was for $1.0 billion, but nearly everybody expects this figure to rise to $15-20 billion eventually. Most observers expect the massive offering will begin pulling money away from other high-growth tech names. Note that Yahoo owns 23% of the firm, and it plans to sell about two-fifths of its stake in the offering, which could generate in excess of $10 billion and more than double Yahoo's cash stockpile. Asked about the windfall, Yahoo CEO Mayer would only say that Yahoo intends to be "good stewards of capital."

- Barclays outlined its turnaround strategy this week and it involves buckets of blood. The UK bank said it would cut 20,000 jobs (~14% of total workforce), 14,000 of which would be gone by the end of 2014, and ax big parts of its investment banking business. Barclays will focus on four core areas: retail and corporate banking, credit cards, banking in Africa and finally a much diminished investment banking unit. In addition, Barclays will set up a 'bad bank' to run off around €90 billion worth of risk-weighted assets.

- In M&A news, the contentious $35B merger of equals between Publicis and Omnicom has been called off. Reports pointed to frayed relations at the top level of management in addition to regulatory snags surrounding tax issues. Publicis and Omnicom were said to have lost various large contracts due to the delayed closing of the merger. Other contentious M&A deals saw new developments as well. Regulatory momentum appears to be building against Pfizer's offer for AstraZeneca, on concerns it is trying to game international taxes. Meanwhile Allergan reportedly continues its search for a white knight alternative to Valeant's hostile takeover bid, but it appears it has not gotten any nibbles yet. In the consumer tech space, Apple was said to be close to inking a $3.2B deal to acquire hip hop legend Dr. Dre's Beats Electronics. Beats got its start in high-end headphones, however most analysts suggest Apple is most interested in the firm's streaming music service, given the dismal performance of its own iTunes Radio streaming service.

- At Thursday's post-ECB decision press conference, "Super Mario" demonstrated that his verbal intervention powers retain their potency. ECB President Mario Draghi said the central bank would be comfortable taking action in June, if it were needed, driving the biggest move in EUR/USD since the March FOMC meeting when Yellen uttered her now famous six-month remark. Ahead of the conference, EUR/USD was testing the key 1.4000 level, while after the comment about June action the pair dropped steadily without looking back, settling around 1.3760 on Friday for one-month lows. June Bund futures hit a fresh contract high while the 10-year German govt yield hit a 12-month low below 1.44%. Analysts are now forecasting cuts of both the refi rate and deposit facility of 10-15bps at the next ECB meeting. One observer highlighted that Draghi has now partially abandoned Trichet's principle that the ECB never pre-commits by admitting that the committee had laid the ground work for action next month.

- Sterling pushed out to five-year highs just shy of 1.700 ahead of the BoE rate decision. The big move up on Tuesday was fueled by an FT article that asserted the MPC would discuss raising rates for the first time in the current cycle at Thursday's meeting. No action was taken on Thursday and there was no statement, so it will be two weeks before the minutes give an idea of what was discussed at the MPC meeting. In any case, GBP/USD drifted lower until early on Friday, when weaker data sent the pair from 1.6930 to around 1.6840.

- China's April CPI (+1.8% v +2.4% prior) slowed sharply to its lowest level in a year and a half, putting it even further away from the official 2014 target of +3.5%. Slowing growth in food prices (+2.3% v +4.1% prior) was behind most of the deceleration. The April PPI numbers remained in deflation territory for the 26th consecutive month, although the decline narrowed for the first time in five months. Economists said the April CPI would mostly likely be the lowest in the first half and would not prompt policymakers to take any proactive steps, though it could give officials more leeway to relax monetary policy if necessary. An improvement in China April trade data pointed at recovery after consistently disappointing prints over the past few months. Both imports and exports grew despite expectations of another month of y/y declines.


May 09 2014

Somewhat tough morning, so the rest of the day has been spent fixing the stops from earlier. Most of the damage was eliminated leaving just a tad in negative.

Session Time: Fri May 09 00:00:01 2014
[08:46] {thomcbell} gm
01[08:52] {@Threei}  morning thom
[09:02] {Phil} gm all
01[09:03] {@Threei}  phil :)
[09:08] {dino} gm
01[09:09] {@Threei}  dino :)
[09:10] {RonS} good morning gents
[09:11] {thomcbell} dino put ubnt on your radar 
01[09:11] {@Threei}  ron :)
[09:11] {thomcbell} think this one might be overdone
[09:12] {dino} on it
[09:13] {thomcbell} they met earnings 
[09:13] {thomcbell} now valuation is pretty reasonable at 22x 
[09:13] {thomcbell} but........
[09:14] {troub} good morning you all
01[09:14] {@Threei}  troub :)
[09:18] {RonS} thom, the ubnt 5 yr daily shows a volume pocket below 30 down to 20, then 14 and 12...pretty scary imo but there is a 21% of float short
[09:21] {thomcbell} thanks 
[09:21] {dino} its just a general tech wreck, destroy them no matter what the earnings
[09:22] {Alexs} gm
01[09:22] {@Threei}  alex :)
[09:22] {dptl} good morning
01[09:22] {@Threei}  dp :)
[09:23] {dino} almost feels like a few tech/momo hedgies are in trouble, dumping shares
01[09:24] {@Threei}  that's most likely what happens
[09:30] {thomcbell} too scary ubnt 
01[09:30] {@Threei} Long Setup:  TZA  .70 break
01[09:30] {@Threei}  If holds  .60 
[09:31] {ese} gm
01[09:31] {@Threei}  ese :)
01[09:32] {@Threei}  tighten to .64
[09:32] {thomcbell} wow ubnt dino
01[09:33] {@Threei}  out
01[09:33] {@Threei} Short Setup: FB  .80 break hl
01[09:33] {@Threei}  If holds  .90 
01[09:34] {@Threei}  stubborn
01[09:35] {@Threei}  nope
[09:35] {dino} tbell, careful w/it, techs getting crushed
[09:35] {thomcbell} im out 
[09:35] {thomcbell} i made money in it now gone 
[09:36] {dino} 3 day rule these
[09:38] {thomcbell} watching syna for short setup 
[09:40] {thomcbell} too wide on syna 
01[09:41] {@Threei} Long Setup:  P  .10 break
01[09:41] {@Threei}  If holds  22 
01[09:43] {@Threei}  valid
[09:43] {thomcbell} panw looking for a short setup 
[09:43] {thomcbell} chart is scary 
01[09:44] {@Threei}  Invalidated  
01[09:45] {@Threei}  shrug
[09:48] {dino} bcei sm l .50
[09:49] {dino} yy sm l .35
[09:50] {thomcbell} i shorted panw small on that spike 
[09:50] {thomcbell} horrid action 
[09:51] {dino} fb sm l .00
[09:51] {dino} panw and data ranging 5 pts last few days
[09:52] {thomcbell} out 
[09:54] {dino} out fb .45, +.45
[09:56] {dino} out yy .57, +1.22
01[09:57] {@Threei} Long Setup:  IWM  .70 break
01[09:58] {@Threei}  If holds  .60 
01[09:58] {@Threei}  1:1  
01[09:58] {@Threei}  1:2  
01[10:02] {@Threei} Long Setup:  TZA  65 break
01[10:02] {@Threei}  If holds  .55 
01[10:05] {@Threei}  stop to .59
01[10:06] {@Threei}  what the deuce
01[10:06] {@Threei}  not liking this morning
[10:08] {nemo} kinda' reminds me of Les's thinking
[10:09] {Alexs} Dr Dre - Hip Hop's first Billionaire ( Celebrates With Tyrese ).https://www.youtube.com/watch?v=s2e5ZibypDk
[10:12] {dino} vwap holding bcei
01[10:19] {@Threei} Long Setup:  TWTR  33 break hl
01[10:19] {@Threei}  If holds  .90 
01[10:22] {@Threei}  stop .94
[10:22] {RonS} needed to get back to rehab?
[10:24] {joomlab} What does everyone think of GNVC?
[10:24] {ese} not bad for having no talent
[10:29] {dino} nothing
01[10:30] {@Threei}  Eastern Ukraine's vote as a key moment
01[10:30] {@Threei}  must be a joke
[10:30] {ese} i'll say
01[10:31] {@Threei}  as if there is any doubt in the result... I predict 89%
01[10:31] {@Threei}  they made it 93% in Crimea, gotta do a little lower here
01[10:33] {@Threei} Short Setup: CAT  .65 break
01[10:33] {@Threei}  If holds  .75 
[10:33] {Alexs} in fact new ukrainian government does nothing to change that situation
[10:34] {Phil} thing is, staying part of Ukraine is going to mean tough times ahead.. with the IMF imposing austerity and the raise in energy costs, I wouldn't blame them for wanting to go the other way
01[10:34] {@Threei}  that's true but referndum result has not much to do with it
[10:34] {Phil} I think a couple of years down the line, the western Ukrainians may be thinking they made the wrong choice
01[10:35] {@Threei}  there will be any number dictated from Putin's office
01[10:35] {@Threei}  all real polls show majority wanting to stay united Ukraine
[10:36] {Alexs} who makes the real polls Vad?
01[10:36] {@Threei}  quite a few of them were set by many organizations
01[10:37] {@Threei}  most of them impartial and credible
[10:37] {Alexs} who's going to eastern ukraine currently to make a polls?
01[10:38] {@Threei}  over last 2 month, at least dozen was done
01[10:38] {@Threei}  I can find them if you want
01[10:39] {@Threei}  and this government if you can call it that... they can't really do much
01[10:39] {@Threei}  their own army doesn't obey them
01[10:39] {@Threei}  total disarray everywhere
[10:41] {Alexs} it's like russians blame america for everything, the same way do  ukrainians: blame russians for all their problems
[10:42] {Alexs} and nobody do the real job
01[10:42] {@Threei}  true, they elected one thief afdter another for 20 years
01[10:42] {@Threei}  but at this point they are under attack
[10:46] {Alexs} the new prime minister spends all the time in europe even visits Vatican for Canonization he doesn't have a time to fight the attack
01[10:47] {@Threei}  have you seen him?? :)
01[10:47] {@Threei}  geek who for the first time in his life suddenly got 5 min a fame
[10:47] {ese} I don't think cannons are gonna cut it against modern armour and nuclear arsenals
[10:48] {Alexs} ese who's gonna use nuclear arsenals?
[10:49] {ese} Russians of course.....there stupid enough
[10:49] {Alexs} lol ese
[10:49] {dino} fb sm l .88
[10:49] {dptl} lol...man...
[10:50] {Alexs} I hope you are not serious ese
[10:50] {dptl} no more vodka for you Ese...lol
[10:50] {ese} lol
01[10:50] {@Threei}  ese... Putin has two daughters who live in Germany. Think he is about to start bombing Berlin?
01[10:52] {@Threei}  alex, have a look at the latest of polls: http://www.washingtonpost.com/blogs/worldviews/wp/2014/05/08/new-poll-shows-eastern-ukraines-separatists-are-wrong/?tid=pm_world_pop
[10:52] {ese} Really......two daughters who live internationally and he's dumb enough to do what he's doing......OK Alexis...i can now answer that question....ya he's stupid enough to do it
01[10:53] {@Threei}  how is he stupid?
01[10:53] {@Threei}  he is getting everything he wants, and no one is capable to stop him
[10:53] {ese} that doesn't mean he's smart vad
01[10:53] {@Threei}  have a look ese: http://www.kyivpost.com/content/business/bloomberg-russias-exports-unhindered-by-putins-incursion-into-ukraine-347106.html
01[10:54] {@Threei}  even russia's exports are untouched by "sanctions"
01[10:54] {@Threei}  west continues financing him
01[10:54] {@Threei}  who is tupid, tell me?
[10:56] {ese} a man with complete disregard for the sovernty of another country.....convince me that thats smart......at best half wit intelligence
01[10:57] {@Threei}  you really are using words "evil" and stupid" interchangeably, aren't you?
[10:58] {ese} ya maybe
[10:58] {RonS} Obama has no regard for the sovereignty of the US...so is he in that camp?
[10:59] {ese} in another life he could/can be a serial killer
01[10:59] {@Threei}  ok... can serial killer be smart?
[10:59] {ese} no feelings....no sense of right or wrong
[10:59] {dino} sure
[11:00] {dino} doesn't mean he's dumb
01[11:00] {@Threei}  I am just trying to understand how putin can be stupid, when the whole world so far dances to his tune :)
[11:00] {dino} guy is getting what he wants
[11:01] {dino} i agree w/you vad
[11:01] {dino} stupid ones are the ones who let him get away w/it
01[11:01] {@Threei}  exactly
[11:01] {ese} well there just as stupid for sure
01[11:01] {@Threei}  with all the military and economic might, a guy with sharp elbows keeps them all at bay
[11:01] {ese} their
01[11:02] {@Threei}  I'd say, he outmaneuvered them all by factor 10
[11:02] {dino} ese, just because some "feel" differently than liberals does not make them stupid
[11:03] {dino} actions, not talk, rule the world
[11:03] {Alexs} Vad Pew Research methods in detail http://www.pewglobal.org/2014/05/08/methods-in-detail/
01[11:04] {@Threei}  anything's wrong with them?
[11:04] {Alexs} 1600 people in 13 ukrainian cities you can get any results and it will not be real
01[11:05] {@Threei}  they show pretty much the same results as about 10 others over last 2 months
01[11:07] {@Threei} Long Setup:  P  .10 break
01[11:07] {@Threei}  If holds  22 
[11:07] {Alexs} I think if somebody wants a real results they need to make a real referendum under international supervision
01[11:08] {@Threei}  that's not what is going to take place on this Sun
[11:08] {ese} thats true dino can't deny that.....
01[11:08] {@Threei}  this resuklt is predetermined
[11:10] {Alexs} yes but it's result of international comunity doesn't want to have a real referendum
01[11:10] {@Threei}  why would they? this is not a federation
01[11:11] {@Threei}  orovinces to not have right to separate per Ukraine constitution
[11:11] {RonS} ...just send in Jimmy Carter
[11:11] {Alexs} of course it's better to have a war
01[11:12] {@Threei}  unlike Russian btw... and look what happened to one who wanted to separate
01[11:12] {@Threei}  no,i i'ts better not to invade sovereign country
01[11:12] {@Threei}  you don't really think it's locals who initiate all this unrest?
[11:13] {Alexs} honestly I don't know Vad I don't trust anybody in this conflict
[11:14] {RonS} sheesh, their talking snow for Mother's Day
01[11:14] {@Threei}  well, I have enough friends in many of the cities in the middle of all this
01[11:14] {@Threei}  you sare kidding Ron
[11:14] {RonS} wonder how many thought you were dumb for leaving 3i...
01[11:15] {@Threei}  lol... nah, not many :)
[11:15] {ese} am outa here....have a great weekend all.
01[11:16] {@Threei}  take care ese
[11:16] {ese} cya vad.....hope the people you know over there are all right
01[11:16] {@Threei}  some are... some are not
[11:16] {RonS} how did you get into Canada?...always heard it has relatively tough immigration laws
01[11:16] {@Threei}  it's difficult to be all right in Gorlovka right now
01[11:17] {@Threei}  imagine, you walk out of your apartment to get some bread in the corner store - there a frikin tank on the street
01[11:17] {@Threei}  that's a Hollywood story Ron...
[11:17] {ese} can't imagine that......take care
[11:19] {RonS} omg just looked in the dictionary for the definition of a liberal:  it was posted with a picture of ese  :)
01[11:19] {@Threei}  lol
01[11:19] {@Threei}  in two words (and it's going to be considerably more, but as brief as possible)
[11:19] {_rcford} nice onP
01[11:20] {@Threei}  1/2 p
01[11:20] {@Threei}  1:2  P 
01[11:20] {@Threei}  ran my own business in Ukraine from 1987,
01[11:20] {@Threei}  from the first days of perestroika
01[11:21] {@Threei}  in 1990s mafia started appearing,
01[11:21] {@Threei}  in a few years they started uniting with corrupted police
01[11:21] {@Threei}  so situation became really unbearable,
01[11:21] {@Threei}  leaving you with choices:
01[11:22] {@Threei}  1. mafia will kill you
01[11:22] {@Threei}  2. police will jail you
01[11:22] {@Threei}  3. You became one of them
[11:22] {RonS} understand all that, the q is how and why did Canada let you in?
01[11:22] {@Threei}  none left me delighted,
01[11:23] {@Threei}  so I contacted a guy from our city, business friend, who immigrated to Canada a year before with help of relative living there for many years
01[11:24] {@Threei}  and we started a project - exhibition of Ukrainian companies in Toronto.
01[11:24] {@Threei}  He organized canadian side, I did ukrainian.
01[11:24] {@Threei}  That project gave me multuple entry business visa
01[11:25] {@Threei}  and being in Canada, I applied to business class immigration.
01[11:25] {@Threei}  Canadian security started investigating my background
01[11:25] {@Threei}  and it took 3 years
01[11:26] {@Threei}  meanwhile, I lived in Canada with guest status,
01[11:26] {@Threei}  no right tio work, not right for kids to attend school.
01[11:26] {@Threei}  so the only thing I could do was to tarde
01[11:26] {@Threei}  trade
[11:26] {RonS} wow...good deal...thanks for sharing
01[11:27] {@Threei}  in 3 years CSIS finished their investigation
01[11:27] {@Threei}  said I was no a mafia
01[11:27] {@Threei}  still, my imigrant status was conditional
01[11:28] {@Threei}  and it took 2 more years to fulfill all the conditions
[11:28] {RonS} ...until you could sing Oh Canada?
01[11:28] {@Threei}  that toomk a year more, to gain citizenship :)
[11:28] {troub} they didn't require accurate typing skill?
[11:28] {RonS} lol
01[11:29] {@Threei}  thank goodness, no
01[11:29] {@Threei}  that I'd fail for sure
01[11:29] {@Threei}  here is some light reading for your entertainment:
01[11:29] {@Threei}  http://www.realitytrader.com/freechapters.html#chapter1
01[11:29] {@Threei}  http://www.realitytrader.com/freechapters.html#chapter2
01[11:38] {@Threei}  1:3  
01[11:38] {@Threei}  out
01[11:38] {@Threei}  finally something worls
01[11:38] {@Threei}  works too
01[11:39] {@Threei}  Alex... to sum it up briefly
01[11:40] {@Threei}  I have zero sympathy to the guys who ran Ukraine for all this time, and run it now
01[11:40] {@Threei}  but all the problems country have are its problems, Russia's aggression can not be justified by them
01[11:41] {@Threei}  this whole unrest is entirely russian creation
01[11:41] {@Threei}  and country will be broken up as a result of it, while the world looks on
01[11:42] {@Threei}  despite guarantees given to Ukraine in 1994 in exchange for its nukes
[11:42] {Alexs} 100% agree that russian agression can not be justified
[11:42] {dino} azn drop
01[11:42] {@Threei}  and the world will be much worse for it,
01[11:43] {@Threei}  because the message to alll the bad guys is clear
[11:43] {dino} azn smr l .50
01[11:43] {@Threei}  don't trust agreements and gusrantees, don't give up your nukes
01[11:43] {@Threei}  and be bold - west has no guts to enforce its own rules if you just go ahead and do it.
[11:44] {dino} out azn .65, +1.15
01[11:44] {@Threei}  wtg
[11:44] {Alexs} but when you say the whole unrest is entirely russian creation, here it comes again, when they think like that it doesn't help ukranians
[11:44] {dino} ty
01[11:44] {@Threei}  but it is
01[11:45] {@Threei}  it's russian commandos who organize the crews taking over buildings
[11:45] {Alexs} ok what ukranians do to resolve the situation?
01[11:46] {@Threei}  send troops
[11:46] {Alexs} lol
01[11:46] {@Threei}  what else can they do?
01[11:46] {@Threei}  some immediately turn to russian side
01[11:46] {@Threei}  some fight
01[11:46] {@Threei}  what would you do?
[11:47] {Alexs} it doesn't work
01[11:47] {@Threei}  pieces of the country are being yanked from under them
01[11:47] {@Threei}  no it doesn't
01[11:47] {@Threei}  20 years of rampant corruption left people cynical
01[11:47] {@Threei}  not trusting anyone
[11:47] {Alexs} they should forget that their country is not a federation and make a real referendum
01[11:48] {@Threei}  real referndum is not being organized in a week
[11:48] {Alexs} under strict supervision
01[11:48] {@Threei}  not under machine guns
01[11:48] {@Threei}  it requires peace and time
[11:48] {Alexs} yes but they don't want to agree to make the real one
01[11:48] {@Threei}  they have neither
01[11:48] {@Threei}  you think if they agree Putin will pull out?
01[11:48] {@Threei}  lol
01[11:49] {@Threei}  he is determined to resolve this now
[11:49] {Alexs} I don't care about Putin
01[11:49] {@Threei}  he won't wait for a year
[11:50] {Alexs} if they agree to make a referendum he will not have something to say
01[11:50] {@Threei}  but it's because of his actions they have no time or peace to organize anything real
01[11:50] {@Threei}  he is not saying anything... he is tearing country apart
01[11:50] {@Threei}  not waiting for it to consolidate
[11:51] {Alexs} but they have time to make election 
01[11:51] {@Threei}  to gain EU memebrship
[11:51] {dino} putin has disrupters in place no matter the outcome
01[11:51] {@Threei}  I don't see what they can do to stop him alex
[11:51] {thomcbell} pva - 16 long break if holding 15.96 
01[11:52] {@Threei}  they may promise any referendums or whatever, he simply won't stop until he gets what he wants
[11:52] {thomcbell} invalidated - still watching 
[11:53] {Alexs} they made a first mistake when they decided to make election in May and don't want to change anything now
01[11:53] {@Threei}  when should they have election?
01[11:53] {@Threei}  why May is worse than anything else?
[11:54] {Alexs} because you have that situation now
01[11:54] {@Threei}  that date was set right after Yanukovish ousting
[11:54] {Alexs} it was stupid
01[11:54] {@Threei}  what will change if they cancel election?
01[11:54] {@Threei}  it's totally irrelevant
[11:56] {Alexs} I don't agree you can't make a presidential election in 3 month in any civilized country
[11:56] {Alexs} it's like referendum in Crimea no difference
01[11:57] {@Threei}  that wasn't your normal election... snap election can be much faster
01[11:57] {@Threei}  country shouldn't remain wiothout legitimate elected government for too long
[11:57] {Alexs} lol Vad not in that situation
01[11:58] {@Threei}  but it's not even the point... if that was september, what would it change?
01[11:58] {@Threei}  what's the difference?
01[11:58] {@Threei}  would Putin not do what he did?
[11:59] {Alexs} you know Vad it's easy to blame putin for everything but it won't help
01[11:59] {@Threei}  I don't
01[11:59] {@Threei}  I blame him for this invasion
01[11:59] {@Threei}  the rest is ukraine's pown fault
01[11:59] {@Threei}  own
01[12:00] {@Threei}  but right now, this invasion is what tears the country apart
[12:00] {Alexs} ok it's a fact they should move on
01[12:00] {@Threei}  and I don't see how election timing has anything to do with it
01[12:00] {@Threei}  move on where?
01[12:01] {@Threei}  you are running Ukraine right now, what do you do?
[12:01] {Alexs} try to negotiate
[12:01] {Alexs} sending troops doesn't help
01[12:01] {@Threei}  negotiate what? Russia doesn't speak to you
01[12:02] {@Threei}  they don't want to make peace with you
01[12:02] {@Threei}  they eant to break your country by piecers
[12:02] {Alexs} I mean negotiate with eastern Ukraine people first of all
01[12:02] {@Threei}  there is no one to negotiate with
01[12:02] {@Threei}  there is "people's governor"
[12:02] {_rcford} TOUR
01[12:03] {@Threei}  installed by Russia
01[12:03] {@Threei}  with instructuins to set referndum
01[12:03] {@Threei}  and finish it with 89%
[12:03] {Alexs} ok that's a position that killing Ukraine right now
01[12:03] {@Threei}  who are you going to negotiate with?
[12:04] {cosmo} the bankers?
[12:05] {Alexs} have you seen somebody from ukrainian presidential candidates went to eastern ukraine to talk to the people?
01[12:06] {@Threei}  yes, but what do you mean by "people"?
01[12:07] {@Threei}  you can't talk to 4 million living in Donetsk province'
01[12:07] {@Threei}  who exactly will you talk to?
01[12:07] {@Threei}  there is governor
01[12:07] {@Threei}  there is "people's governor"
01[12:07] {@Threei}  one is helpless
01[12:07] {@Threei}  another doesn't want to talk to you
[12:08] {Alexs} who tried
01[12:08] {@Threei}  Tymoshenko
[12:08] {Alexs} lol
01[12:09] {@Threei}  who is not "lol"?
01[12:09] {@Threei}  they are all the same
01[12:09] {@Threei}  front-runner is not much different from her
[12:09] {Alexs} of course he is in Germany currently
01[12:10] {@Threei}  but whoever it is, the question remains: who are you going to talk to?
01[12:10] {@Threei}  walk on the Artema street with megaphone?
[12:11] {Alexs} wnen you are sitting in Germany two weeks to elections and think there's nobody to talk in Ukaine...
[12:12] {thomcbell} ubnt testing the low
[12:12] {thomcbell} what a wild one 
01[12:12] {@Threei}  well, as I asked... [12:01] {@Threei} you are running Ukraine right now, what do you do?
01[12:12] {@Threei}  :)
[12:13] {dino} ubnt gap around 21, but thats a ways away
[12:13] {dino} maybe 30 strike area worth bid
[12:13] {Alexs} go to all the people even "people's governors" and talk to them
01[12:14] {@Threei}  we've been over that already
01[12:14] {@Threei}  the guy is under direct orders
01[12:14] {@Threei}  he is not going to talk to anyone, he is there to fulfill his task
01[12:14] {@Threei}  he has no power to decide anything for anyone
[12:15] {Alexs} ok Vad it's better to travel around Europe and think like that
01[12:15] {@Threei}  you misunderstand alex..
01[12:15] {@Threei}  better or not, it doesn;'t matter
01[12:15] {@Threei}  they are powerless to do anything
01[12:15] {@Threei}  they have no military power to resist, and no one wants to help them. End of story
[12:16] {dino} russia will do as it pleases because they know that nobody will stop them
01[12:16] {@Threei}  right
01[12:16] {@Threei}  let me tell you however what those who are prepared to do something, will actually do
[12:16] {dino} obummer showed them that in syria
01[12:16] {@Threei}  when territory is taken over by Russia, partisan war will start
01[12:16] {@Threei}  just like in WW2
01[12:17] {@Threei}  that is being organized as we speak
[12:18] {Alexs} Russia won't invade eastern Ukraine, if Putin wanted he would do it already
01[12:18] {@Threei}  and not from above... that's grass root resistance
[12:19] {Alexs} he knows that guerilla war will kill him
01[12:19] {@Threei}  if not overtly, how will you call the "referendum," then separation, then union with Russia?
01[12:19] {@Threei}  isn't it invasion by other means?
01[12:20] {@Threei}  Crimea was easy thanks to geography and demographics... Eastern Ukraine is tougher and larger, thus means are different
[12:21] {Alexs} if somebody wants a real referendum they find out what toask a right way
01[12:21] {@Threei}  but the goal is the same - be in union with us, not with EU, and be weak
01[12:22] {@Threei} Long Setup:  DAL  .40 break
[12:22] {Alexs} who's goal?
01[12:22] {@Threei}  If holds  .30 
01[12:22] {@Threei}  russia's
[12:23] {Alexs} ukrainians need to start thinking about their goals
01[12:23] {@Threei}  for that they need invasion to stop
01[12:23] {@Threei}  what goals when country ceases to exist in front of your eyes?
01[12:24] {@Threei}  listen to this:
01[12:24] {@Threei}  https://www.youtube.com/watch?v=Ag4_Dm2YdgU
[12:24] {Alexs} I bet russia won't invade
01[12:24] {@Threei}  it did already
01[12:24] {@Threei}  via commandos
[12:26] {Alexs} there was a lot of people killed, did they find one russian commando?
01[12:26] {@Threei}  come on
[12:26] {Alexs} I diddn't hear about it
01[12:26] {@Threei}  you don't really watch it closely, do you
[12:26] {Alexs} show me the link Vad
01[12:26] {@Threei}  Igor Strelkov?
01[12:27] {@Threei}  name tells you anything?
01[12:27] {@Threei}  phone conversations after shootout under Slavyansk?
[12:28] {Alexs} so what in that conversations?
01[12:28] {@Threei}  one is above
01[12:29] {@Threei}  another, I'll see if I can find... but really, there are dozens of them
[12:30] {troub} DAL valid?
[12:30] {_rcford} Twtr
01[12:30] {@Threei}  DAL, yes
01[12:32] {@Threei}  there you go Alex, start at 3:12 https://www.youtube.com/watch?v=nKElv2p3oS4
01[12:35] {@Threei}  1:1  
01[12:39] {@Threei}  1:2  
01[12:39] {@Threei}  day starts fixing itself
[12:40] {thomcbell} Stupid pva worked 
[12:42] {dino} out fb .32, +.50
01[12:42] {@Threei}  gj
[12:46] {dino} ty
[12:47] {thomcbell} rrc looks like it might bean 87.89 short break if holding 88
[12:49] {nathan} hi gents
01[12:49] {@Threei}  hey nathan
[12:51] {thomcbell} rrc no go
[12:54] {Alexs} I looked the link Vad, I'm sure that you can see a lot of that kind of things about ukrainans on russian propaganda, like Timoshenko conversations
[12:54] {Alexs} she just said she didn't said that
01[12:55] {@Threei}  I am not sure what your point is... are you seriously saying there are no russian instigators in Ukraine and whole uprising is entirely done by locals?
[12:56] {Alexs} No, I'm sure there are a lot of russian istignators in Ukraine now
01[12:56] {@Threei}  that's my point
[12:56] {Alexs} but it's not a real invasion
01[12:57] {@Threei}  it absolutely is
01[12:57] {@Threei}  they stage fake referendum,
01[12:57] {@Threei}  they ask Putin for help
01[12:57] {@Threei}  and he can enter "per law"
01[12:58] {@Threei}  since it's not a sovereign state anymore that doesn't want him
01[12:58] {@Threei}  if you under impression somehow that I am sympathetic to any of ukrainian figures, it's a wrong impression
01[12:58] {@Threei}  some of the names you can see in media I know personally
[12:58] {Alexs} Do you remember Sashko Biliy from right sector he fought in Chechnya against russians so: was it ukrainian invasion
01[12:59] {@Threei}  believe me, they are very very unpleasant guys
01[12:59] {@Threei}  and gals
01[12:59] {@Threei}  come one... he was there on a personal mission, these guys are coordinated from Kremlin
01[12:59] {@Threei}  that's a world of difference
01[13:01] {@Threei}  gas princess Tymoshenko, sheesh... probably second most corrupted after Yanukovich
01[13:01] {@Threei}  and was first before he became president
[13:02] {Alexs} I wouldn't bet so sure about 'right sector' in ukraine, that that guys on a personal missions 
01[13:02] {@Threei}  you mean Kiev sent them to Chechnya?? :)
01[13:02] {@Threei}  that would mean ukrainian invasion
01[13:03] {@Threei}  otherwise, it's him... or his right sector
[13:03] {Alexs} I don't know I just say I'm not sure
01[13:03] {@Threei}  DAL...
01[13:03] {@Threei}  .60 break, looks tempting
01[13:03] {@Threei}  let's do hl this time
01[13:05] {@Threei} Long Setup:  DAL  .60 break hl
01[13:05] {@Threei}  If holds  .50 
[13:05] {Alexs} you also can't make a definite conclusions just on youtube 
[13:12] {Alexs} what I wanted to say that ukrainians should try to resolve the situation by dialogs and negotiations if they just think that Putin won and nothing they cand it's bad for them
[13:13] {Alexs} cand = can do
[13:18] {dptl} have a good weekend all...see ya monday
01[13:18] {@Threei}  take care dp
01[13:34] {@Threei}  meh
01[13:35] {@Threei}  watching TZA for pullback
01[13:43] {@Threei} Long Setup:  TZA  .30 break
01[13:43] {@Threei}  If holds  .20 
[13:48] {dino} grub drop
[13:49] {RonS} someone drop the plate?
[13:49] {RonS} step on the bug?
[13:49] {dino} sm l .99
[13:53] {nathan} c'mon tza!
[13:53] {dino} out grub .40 ave, +.41
[13:53] {RonS} gj
[13:53] {dino} ty
[13:54] {nathan} gj
[13:55] {dino} ty
[14:00] {nathan} dino do you ever trade tza, dal,...? or just this trades with this big spreads?
[14:03] {dino} tza, tna, vxx sure. dal if it fits my edge. i will trade anything as long as it fits my edge
[14:04] {dino} most of my trades come from 07 scanner, but if scanners are dead, i go over to other stuff
[14:04] {nathan} ok
[14:05] {dino} tbell ubnt going for 30s
[14:06] {thomcbell} big volume there at 31 level
[14:07] {thomcbell} should have shorted the raymond james defense 
[14:07] {thomcbell} its looking like a 25 dollar stock 
[14:07] {dino} gap around 22
[14:08] {thomcbell} nice miss on this one today 
[14:09] {dino} tech wreck brutal. 25% drop on confirm
[14:11] {thomcbell} and it didnt have the nosebleed valuations of some 
[14:11] {thomcbell} of the rest of them - feye etc 
[14:13] {dino} no mercy
01[14:14] {@Threei}  die already SPY
[14:14] {Alexs} SPY waaited for your order VAD :)
01[14:15] {@Threei}  ahhh
01[14:15] {@Threei}  if I knew I'd give it sooner
01[14:15] {@Threei}  half out
[14:15] {Alexs} you did it many times
01[14:16] {@Threei}  City Of Victoria City Hall has been evacuated as police investigate a suspicious package
01[14:16] {@Threei}  hmmm... is this why ese left early?
[14:16] {RonS} old fish in wrapper?
[14:16] {nathan} lol
01[14:17] {@Threei}  probably not, or this guy would wear gas mask: http://goo.gl/TpxkZ2
01[14:17] {@Threei}  1:1  
[14:21] {Alexs} judging by that guy it's just a postal package
01[14:21] {@Threei}  not likely, it was taped to a mailbox
01[14:21] {@Threei}  kind of unusual way to deliver :)
[14:22] {nathan} dino TEVA
[14:22] {nathan} is that a spike 4 u?
[14:24] {dino} too slow, need fast drop, straight down
[14:32] {_rcford} DRL wow
[14:36] {goinshort} V you still like TZA?
01[14:36] {@Threei}  can't tell
01[14:36] {@Threei}  lost chart configuration
01[14:36] {@Threei} Short Setup: FB  .50 break
01[14:36] {@Threei}  If holds  .60 
01[14:38] {@Threei}  Invalidated  
01[14:38] {@Threei}  for now
01[14:47] {@Threei} Short Setup: P  .60 break
01[14:47] {@Threei}  If holds  .65 
[14:48] {thomcbell} ubnt have a chance here dino with your methodology 
[14:48] {thomcbell} vwap much higher 
[14:48] {thomcbell} or is it roadkill
[14:49] {dino} don't know seems to just be a slow grind lower.
[14:49] {dino} trigger imo is break .00
[14:49] {dino} most likely not playing it today
[14:49] {nathan} well gents, have a nice weekend
[14:49] {nathan} had enough for today
01[14:49] {@Threei}  have a good one nathan
[14:49] {nathan} see you on monday
01[14:50] {@Threei}  P just start working
[14:50] {thomcbell} im long it small 
01[14:51] {@Threei}  or not
[14:51] {RonS} only 8 blocks traded ubnt 195k shares...need some big guys to capitulate...thinkin this goes sub 30 to trigger stops on Monday...if it re-catures maaybe long but looks like fast down to 25, pause then 20
[14:59] {thomcbell} i agree 
[14:59] {thomcbell} lack of blocks was a concern 
[14:59] {thomcbell} how did u get the blocks info 
[14:59] {RonS} on my quote section
[14:59] {RonS} always
[15:00] {thomcbell} on what system?
[15:00] {RonS} like to see blocks that are goldilocks...not too small, not too big
[15:00] {RonS} Fidelity
01[15:01] {@Threei}  thom, right click on T&S
01[15:01] {@Threei}  Filter
01[15:01] {@Threei}  show only sales with Qty
01[15:02] {@Threei}  pick }
01[15:02] {@Threei}  and enter amount of shares
[15:04] {thomcbell} tu
[15:08] {thomcbell} im out ubnt 
[15:08] {thomcbell} made 0.20 cents on the bugger 
[15:08] {thomcbell} it looks finished
[15:08] {thomcbell} lol
[15:13] {goinshort} restesting low
[15:13] {thomcbell} ron do u put it in as greater than 5k 
[15:13] {thomcbell} or more 
[15:15] {RonS} quote has block line with quantity and volume...right now shows ubnt at 9 trades and 210313 shares block traded...changes as trades occur all day
[15:16] {thomcbell} is that on nonko?
[15:17] {RonS} minor feature to me...more interested in sh outstanding, volume ongoing, % float short
[15:17] {RonS} fidelity has their own platform
01[15:17] {@Threei} Long Setup:  VXX  .40 break
01[15:17] {@Threei}  If holds  .30 
01[15:20] {@Threei}  Staff are now returning to work at Victoria City Hall. Suspicious package incident is over.
01[15:20] {@Threei}  yeah, I guess fish that was
[15:20] {dino} most likely a six pack being delivered for happy hour
01[15:21] {@Threei}  or that
01[15:24] {@Threei}  stop to .34
01[15:25] {@Threei}  half out
01[15:25] {@Threei}  .48
01[15:28] {@Threei}  stop .39 for the balance
[15:29] {goinshort} thanks V !
01[15:29] {@Threei}  :)
01[15:29] {@Threei}  not an easy day but we mostly fixed it
[15:29] {goinshort} strange day
01[15:29] {@Threei}  wouldn't mind to get 1:3 on last trade
01[15:30] {@Threei}  but I sense someone up there raising the brow at that
01[15:30] {@Threei}  and saying "say thanks for what you've got and shut up"
[15:30] {dino} oh, you heard that
01[15:30] {@Threei}  lol
01[15:31] {@Threei}  you need to cover the mike
[15:31] {RonS} ya, had a real nice week here...thanks everyone...have a good weekend
[15:31] {goinshort} cya
01[15:31] {@Threei}  have a good one Ron
[15:31] {dino} gj ron
01[15:34] {@Threei}  ok VXX... you chance to shine
01[15:34] {@Threei}  your
[15:34] {Alexs} VXX needs your order Vad
01[15:35] {@Threei}  oh
01[15:35] {@Threei}  sheesh
01[15:35] {@Threei}  {--- early onset of Alzheimer
01[15:35] {@Threei}  VXX, go up, right now!
01[15:35] {@Threei}  SPY, die!
01[15:37] {@Threei}  nope... I am no Kremlin
[15:40] {Alexs} lol
[15:42] {dino} too much excitement, calling it a day, gn all
[15:42] {dino} icpt spike
01[15:42] {@Threei}  yeah
[15:42] {Alexs} gn dino
01[15:42] {@Threei}  thank you all, let's have a nice relaxing weekend
[15:42] {dino} ty,u2
[15:43] {goinshort} u 2 thanks
01[15:43] {@Threei}  over which Ukraine will start breaking down
01[15:43] {@Threei}  see you on Monday :)
[15:44] {Alexs} Ukraine will survive Vad
01[15:44] {@Threei}  not as a whole, I am confident
01[15:45] {@Threei}  will retain parts
01[15:45] {@Threei}  and will lose some
[15:45] {Alexs} without Crimea of course
01[15:45] {@Threei}  that is not even a matter of discussion anymore, lol
01[15:45] {@Threei}  Donetsk, Lugansk, Kharkov
[15:45] {Alexs} everything else will stay in I'm sure
01[15:46] {@Threei}  no way no how
01[15:46] {@Threei}  referndum will be 89%
[15:46] {Alexs} make a bet?
[15:46] {troub} have a good weekend, everyone.
01[15:46] {@Threei}  then they'll announce themselves independent
01[15:46] {@Threei}  demand Kyev to pull out troops
01[15:47] {@Threei}  and if Kiev doesn't do that, as Putin for help
01[15:47] {@Threei}  done, they are not a part of Ukraine anymore
[15:47] {Alexs} Putin will never go to eastern Ukraine he doesn't want guerilla war for himself
01[15:48] {@Threei}  he doesn't have to go there...
01[15:48] {@Threei}  all he needs is a government that dances to his tune
01[15:48] {@Threei}  military plants important to him remain in his supply chain
01[15:49] {@Threei}  and Ukraine is no longer a threat in regard of EU/NATO membership
01[15:49] {@Threei}  that's all he needs
01[15:49] {@Threei}  going there with actual military is last resort
01[15:49] {@Threei}  and he is likely to get what he wants without it
[15:50] {Alexs} it's possible
01[15:50] {@Threei}  whoever is elected on May 25 will be a president of a much smaller country than it is today
01[15:51] {@Threei}  and world will sigh with relief that there is no big war
[15:51] {Alexs} I'm sure the country will be as it is today
01[15:51] {@Threei}  ok... beer bet? :)
[15:52] {Alexs} :) done
01[15:52] {@Threei}  see you Monday
[15:52] {goinshort} I'm just glad its gonna end - I only got 3 cases of Russian standard left!
01[15:52] {@Threei}  lol
01[15:52] {@Threei}  gs... just pray Putin doesn't go further
[15:52] {Alexs} I order you your favorite beer by mail if I lose 
01[15:53] {@Threei}  Moldova, Belarus, Baltic
01[15:53] {@Threei}  that might ruin supply chain
01[15:53] {@Threei}  if he stops at Ukraine, I am sure you'll be fine
[15:53] {goinshort} I'm going shopping
01[15:54] {@Threei}  sanctions will be forgotten in a year
01[15:54] {@Threei}  even those negligible that are in place now
[15:54] {Alexs} btw I can't find some ukrainian vodka here already
01[15:54] {@Threei}  start locating Innis and Gunn, Alex :)
01[15:55] {@Threei}  we never had ukrainian vodka here
01[15:55] {@Threei}  Russian Standard is a staple though
[15:56] {Alexs} there was no problem in Brooklyn with that
01[15:56] {@Threei}  what brand?
[15:56] {Alexs} everything, you name it
01[15:56] {@Threei}  ukrainian I mean
01[15:57] {@Threei}  I don't know new ones
[15:57] {Alexs} oh, Nemiroff pertcovka
01[15:58] {@Threei}  never tried... not sold here
01[15:58] {@Threei}  good?
[15:58] {Phil} thanks Vad, cya guys
01[15:58] {@Threei}  take care phil
[15:59] {Alexs} depends on your taste I like it very much
01[15:59] {@Threei}  mix of sweetness and bitter?
01[16:00] {@Threei}  amber color?
01[16:00] {@Threei}  that's pertsovka I remember...
[16:00] {Alexs} no much sweetness amber color yes
01[16:00] {@Threei}  with little red chili pepper
[16:00] {Alexs} yes
01[16:00] {@Threei}  yeah, just a tad of sweet taste
01[16:01] {@Threei}  unexpected after you see a chili pepper
[16:01] {Alexs} lol
[16:02] {Alexs} ok good night Vad have a good weekend
01[16:03] {@Threei}  you too :)'

Thursday, May 8, 2014

May 08 2014

Very nice morning and totally dead afternoon, without any action pick-up even on the last hour. Engaging PPP (profit preservation procedure) helped keep the day profitable

Session Time: Wed May 07 00:00:00 2014
[09:00] {dino} gm
[09:01] {dptl} good morning
[09:17] {troub} good morning
[09:18] {dino} fwiw watching trex, yy, feye, wfm, zu, aegr, tfm
[09:20] {goinshort} morning all
[09:24] {RonS} hi guys
[09:24] {goinshort} hi ron
[09:25] {dino} tfm, sfm off on wfm release
[09:28] {dino} rloc blood
[09:32] {dino} trex smr l .05
[09:35] {Alexs} gm
[09:35] {dino} tfm smr l .52
[09:41] {dino} trex stopping out
[09:48] {thomcbell} panw watching for a short break
[09:49] {dino} trex smr l .75
[09:50] {thomcbell} and there it went
[09:51] {thomcbell} panw
[09:57] {dino} tfm stop to .99
[09:57] {dino} 07 red
[09:59] {dino} yy jan gap fill
[10:00] {dino} out tfm .99, +.47
[10:02] {dino} yy smr l .00
[10:05] {dino} data higher lows/highs
[10:14] {thomcbell} wow
[10:15] {dino} naz -3% in 5 days
[10:23] {dino} lots of stocks are getting destroyed, aegr -13, yy -5, data -4, panw -5, zu -13, wfm -12.....
[10:26] {RonS} aegr sm l 31.10
[10:28] {thomcbell} fslr looks like an interesting setup potentially
[10:29] {thomcbell} not anymore
[10:33] {RonS} out aegr 31.85 +.75
[10:36] {dino} gj
[10:37] {dino} data smr l .15
[10:37] {dino} wide
[11:35] {_rcford} HDY may hit 5$
[11:51] {thomcbell} im long very small scty
[11:51] {thomcbell} tony stark complex reports after the bell tonight
[12:14] {thomcbell} panw 60.60 short break if holding 60.70
[12:20] {thomcbell} invalidated
[12:29] {thomcbell} panw still valid i suppose
[12:29] {thomcbell} very tight level for such a wild stock
[12:33] {thomcbell} panw 1:1
[12:33] {thomcbell} 1:2
[12:34] {thomcbell} 1:3
[12:34] {thomcbell} i didnt get filled
[12:34] {thomcbell} put a 60.57 limit on it
[12:35] {thomcbell} 1:4 if anyone got it
[12:35] {thomcbell} panw still in topping phase compared to splk feye data now etc
[12:42] {thomcbell} what a shame that was a good play panw
[12:52] {thomcbell} panw 1:13
[12:52] {thomcbell} hehe
[13:26] {nathan} whats up gents
[13:26] {RonS} not much
[13:26] {nathan} how was the morning?
[13:27] {RonS} quiet w/ 3i, nemo and then dino gone
[13:27] {nathan} do they stick together? ;-)
[13:29] {RonS} not really...3i out for the day...nemo's attendance has been spotty for a while, and dino just dropped out of sight w/ not even a kma...
[13:30] {nathan} DAL dt?
[13:31] {nathan} invalidated
[13:35] {thomcbell} gn all
[14:20] {nathan} well ron, gn
[14:20] {nathan} see you tomorrow
[14:21] {RonS} cya
[14:56] {dptl} see ya tomorrow all
Session Time: Thu May 08 00:00:00 2014
[08:56] {dino} gm
01[08:57] {@Threei}  morning dino
01[08:57] {@Threei}  not much happened yesterday I see
01[09:02] {@Threei}  (UR) Russia says the reaction from Kiev has called into question the prospects of a dialog between the interim govt and separatists - press
01[09:03] {@Threei}  I thought it was shooting, kidnapping and killing...
[09:06] {RonS} gm, good trip?
01[09:06] {@Threei}  ron :)
01[09:06] {@Threei}  very
01[09:07] {@Threei}  orchestra of the highest world class
[09:07] {RonS} what did they play?
01[09:08] {@Threei}  Mozart, Shostakovich, Thaikovsky
[09:09] {RonS} always like Shostakovich here...
01[09:09] {@Threei}  I haven't heard that much russian around in ages... almost shocking
01[09:10] {@Threei}  I guess 90% of the public
[09:10] {troub} good morning you all
01[09:10] {@Threei}  and of course two fractions at the entrance, with Ukrainian and Russian flags and leaflets
01[09:10] {@Threei}  troub :)
[09:11] {cosmo} russia must be getting popular
01[09:11] {@Threei}  AK-47 always adds popularity
[09:11] {cosmo} I haven't heard that one yet
[09:12] {cosmo} :)
[09:12] {RonS} the few times i have been to Vancouver found it shocking how many chinese are there...
01[09:13] {@Threei}  it's not known as Honkouver for nothing
[09:13] {nemo} and they find it shocking how many white people are there
[09:14] {RonS} of course every time i go shopping here am shocked how many indians are here...
[09:14] {RonS} ain't talking native americans either...
01[09:15] {@Threei}  meanwhile, west continues displaying total misunderstanding of Putin's words and actions
01[09:15] {@Threei}  he says "I ask separatists to postpone referndum"
01[09:15] {@Threei}  west jumps in joy: "he softened his stance, deescalation starts"
01[09:16] {@Threei}  separatists: no
01[09:16] {@Threei}  Putin nods, that was the idea
01[09:16] {@Threei}  to distant himself from them and be able to ay "see, it's not my people, it's ukrainians"
01[09:17] {@Threei}  for west, words indicate thoughts and intentions
01[09:17] {@Threei}  for kgb, words are another kind of weapon
[09:18] {dptl} good morning
01[09:18] {@Threei}  dp :)
[09:20] {Alexs} gm
01[09:21] {@Threei}  alex :)
[09:23] {ese} finally......i get a chance to do some trading
[09:23] {RonS} 3i, is nemo ok?
01[09:23] {@Threei}  ese :)
[09:23] {ese} vad ron
01[09:23] {@Threei}  as much as possible...
[09:23] {RonS} hehe...hi ese
[09:24] {ese} 3 shows a week for the next 5/6 weeks with my high school R&B band.....6 shows up to mid june with my rpo band...busy season
[09:25] {ese} pro
01[09:25] {@Threei}  you should have come to Vancouver with me, ese... Spivakov orchestra
[09:26] {ese} now thats sounds cool...what type of orchestra....i've never heard of them
[09:26] {nemo} what Ron?
[09:26] {ese} actually thats not true ...i hve heard of them
01[09:27] {@Threei}  google Moscow Virtuosi
[09:27] {ese} ok
01[09:28] {@Threei}  TWTR trying
01[09:31] {@Threei} Long Setup:  FB  .20 break hl
[09:31] {ese} yes yes.....chamber orchestra.....i have heard recording but never seen....would have been a good show
01[09:31] {@Threei}  yeah right
01[09:31] {@Threei}  too fast
01[09:33] {@Threei} Long Setup:  C  .80 break
01[09:33] {@Threei}  If holds  .70
[09:34] {ese} nope...can't play them dino spreads....WWV
[09:34] {ese} WWAV
01[09:35] {@Threei}  1:1
[09:35] {_rcford} nice
01[09:35] {@Threei}  ty
01[09:41] {@Threei} Long Setup:  TZA  .85 break
01[09:41] {@Threei}  If holds  .80
01[09:42] {@Threei}  1:1
01[09:42] {@Threei}  C balance stop to .84
[09:43] {thomcbell} scty at some point want to short
[09:43] {thomcbell} nothing there yet
[09:44] {nemo} here thom
01[09:44] {@Threei} Long Setup:  P  .40 break hl
01[09:45] {@Threei}  If holds  .30
01[09:46] {@Threei}  Invalidated
[09:47] {nemo} scty uptick rule
[09:48] {thomcbell} some nice face ripping going on with it here
[09:48] {nemo} this yesteday's high
[09:48] {dino} fb sm l .80
01[09:50] {@Threei}  1:2  C
01[09:50] {@Threei}  slow but sure
[09:51] {goinshort} out C -thanks   took a scalp on P
01[09:51] {@Threei}  nice
01[09:51] {@Threei}  P got away from me
01[09:51] {@Threei}  should have recalibrated it to .30
[09:51] {goinshort} not much there
[09:52] {nemo} @ 200 day IWM almost to 50 day on finnies R1 spy
[09:52] {_rcford} FSLR
[09:52] {_rcford} C still going wow
[09:52] {_rcford} loving that
01[09:52] {@Threei}  1:3
01[09:52] {@Threei}  out
[09:52] {nemo} sympathy to scty
01[09:58] {@Threei}  nice entry FB, dino
[10:02] {dino} fb stop to .83
[10:04] {dino} to .94
[10:04] {dino} ty
[10:05] {dino} out fb .95, +1.15
01[10:05] {@Threei}  wtg
[10:05] {RonS} gj
[10:05] {dino} ty
[10:05] {troub} dino, your fb stp .50?
01[10:07] {@Threei} Short Setup: FB  .90 breask hl
01[10:07] {@Threei}  If holds  58
01[10:09] {@Threei}  meh
[10:10] {nemo} spy so close to 189
[10:10] {nemo} they're gonna screw around up here see if they can push it further for a while
01[10:12] {@Threei} Long Setup:  TZA  .55 break
01[10:13] {@Threei}  If holds  .50
01[10:15] {@Threei}  Invalidated
[10:18] {dino} yy from yesterday stop to .99
01[10:18] {@Threei} Short Setup: DAL  .50 break
[10:18] {dino} out .95, +1.95
01[10:18] {@Threei}  If holds  .55
[10:20] {dino} amed spike
[10:21] {_rcford} Yes Sir on DAL
[10:21] {_rcford} ty
[10:22] {ese} L twtr .89
01[10:22] {@Threei}  would like more than 5 cents...
[10:23] {ese} me too
01[10:24] {@Threei} Long Setup:  TZA  .50 break
01[10:24] {@Threei}  If holds  .45
01[10:28] {@Threei}  1:1  TZA
[10:29] {ese} twtr should break above32 and go for a bit imo
[10:29] {ese} tha 15min chrt looks great
01[10:30] {@Threei}  (US) Fed Chair Yellen: Fiscal policy has served as a drag on the economy, expecting drag to subside somewhat in 2014 - Senate testimony Q&A- long run sustainability of fiscal policy is important - crisis atmosphere has increased business uncertainty - will maintain accomodative policy for as long as necessary, will be in place until labor market recovery; still a ways way from full employment
01[10:30] {@Threei}  wow... ultraleft Yellen dislikes Obama's fiscal policy?
01[10:31] {@Threei}  sher means he taxed too much or little?
[10:31] {ese} out twtr ½ .12
[10:31] {ese} +.23
01[10:32] {@Threei}  wtg
[10:32] {ese} balance to break even .90
[10:32] {ese} tks
[10:33] {ese} stopped twtr balance
[10:33] {ese} bastard
[10:34] {ese} ya right......now take ya peice ah crap
01[10:35] {@Threei}  1:2  TZA
[10:35] {ese} take off
[10:40] {_rcford} FSLR really strong
[10:41] {ese} twiiiiiitttttaaaaahhhhhh ya piece off crap......stop me out even then take off....i'll get even......this is revenge....look out
[10:43] {RonS} powr to the short people
01[10:43] {@Threei}  FSLR is tough to control risk, requires smaller shares and wider stop
01[10:43] {@Threei}  lol ron
01[10:44] {@Threei}  1:1  DAL
01[10:44] {@Threei}  finally, sheesh
[10:44] {ese} you thinkin mrkt top Ron
[10:44] {RonS} no ese look chart powr
[10:45] {RonS} ipas and they all did
[10:45] {ese} ouuuu ya.......that 11 dollar hair cut would hurt
01[10:46] {@Threei}  1:2  DAL  is close enough
01[10:46] {@Threei}  1/4 more out
[10:47] {ese} have seen worse Q's ron.....sheesh...take about punishment
[10:47] {ese} talk
01[10:47] {@Threei}  out TZA in full
01[10:47] {@Threei}  +.25
[10:49] {RonS} ande fell off mountain
01[10:49] {@Threei}  ron in a good shape today :)
[10:50] {RonS} needed nemo around...can hear the groans all the way here...
01[10:50] {@Threei}  closed last piece DAL on a trail
01[10:50] {@Threei}  nice day shapes up
01[10:51] {@Threei}  let's engage profit preservation procedure, not to let it evaporate in afternoon seesaw
01[10:56] {@Threei}  rcford... any questions after going over material?
[10:57] {_rcford} Just need to learn how to read level II
[10:57] {_rcford} So I am looking at his video plus youtube stuff to learn that
01[10:58] {@Threei}  video course has details on that
[10:58] {_rcford} Love the way this works so I will be onboard
01[10:58] {@Threei}  and be carweful, there is a lot of musinformation on level 2 out there
01[10:59] {@Threei}  all kinds of gurus teaching how to read direction by it
[10:59] {_rcford} awesome I will study the course here for 497 I think  I also  got the book on Sunday
01[10:59] {@Threei}  which is total bs
01[10:59] {@Threei}  cool beans, that will cover a lot of ground
[10:59] {nemo} yeah, and since HFT came into vogue, LII reading ain't what it used to be
01[11:00] {@Threei}  not that it ever was all it was cranked up to be
01[11:00] {@Threei}  but it used to be a bit more informative... in late 90s, lol
[11:00] {nemo} levels were more definitive before
[11:00] {_rcford} Yeah I only want what I saw you do today.
01[11:02] {@Threei}  also, since I mentioned profit preservation procedure, let me find url for that
01[11:02] {@Threei}  http://blog.realitytrader.com/2011/10/profit-how-do-you-handle-it.html
[11:03] {ese} cya all tomorrow......gotta go
[11:03] {_rcford} ok awesome
01[11:03] {@Threei}  take care ese
[11:09] {dino} yy smr l .00
[11:16] {_rcford} I will be sure to do what that article says cause I have done the 1st paragraph far to many times
01[11:16] {@Threei}  we all have
01[11:17] {@Threei}  some things in trading like in teens age... everyone've done it
[11:17] {_rcford} lol absolutely
01[11:21] {@Threei} Long Setup:  P  .30 break hl
01[11:21] {@Threei}  If holds  .20
01[11:40] {@Threei} Short Setup: P  23 break
01[11:40] {@Threei}  If holds  .10
01[11:41] {@Threei}  YESSS!!!
01[11:41] {@Threei}  EU and US draw new red line on Ukraine
01[11:41] {@Threei}  hoorraaay
[11:41] {Alexs} full lot?
[11:41] {nemo} yeah, they crossed it off
01[11:42] {@Threei}  depends on your particulars in profit preservation procedure, alex
01[11:42] {@Threei}  aka PPP
01[11:47] {@Threei}  ok, I read the article about red line in details, and exaltation of mine knows no limits... know what they'll do if Russdia crosses that new red line? More SANCTIONS!
01[11:49] {@Threei}  no go P
[11:56] {dino} out yy .48, +.48
01[11:57] {@Threei}  wtg
[11:57] {dino} ty
[12:01] {troub} nice yy dino
[12:03] {thomcbell} scty looks vulnerable to profit taking
[12:03] {thomcbell} not doing it
[12:03] {thomcbell} no setup
[12:03] {thomcbell} unless you like 0.50 cent spikes
01[12:06] {@Threei}  I do... but only if they are in my favor
[12:08] {thomcbell} lvs big consolidation pattern here
[12:18] {thomcbell} maybe short a test of 77 on lvs
01[12:18] {@Threei}  tough one
[12:19] {thomcbell} i did the break of 77 but it was an aggressive entry
01[12:39] {@Threei}  one of the anchors from the Vancouver's concert: https://www.youtube.com/watch?v=2hRQSWKlV2Q
[12:47] {_rcford} Can't believe P went anyway wow
01[12:48] {@Threei}  yeah
[12:52] {thomcbell} lvs
[12:53] {thomcbell} worked
[12:53] {thomcbell} i was too tight with my stop
01[12:54] {@Threei}  mrket drop helped it
01[12:55] {@Threei}  watching TZA for pullback
[13:00] {thomcbell} just for a chop mpel 33.09 long break if holding 33
[13:01] {thomcbell} tlt?
[13:03] {thomcbell} nope
[13:03] {thomcbell} mpel sorry
[13:15] {nemo} see that tlt move?
01[13:17] {@Threei}  (UR) Ukraine claims its border personnel have repelled an attack from separatists
[13:27] {dino} yy smr l .82
[13:30] {thomcbell} aal very good daily chart
[13:30] {nathan} hi genst
01[13:30] {@Threei}  hey nathan
01[14:24] {@Threei} Long Setup:  TZA  .25 break
01[14:24] {@Threei}  If holds  .20
01[14:27] {@Threei}  meh
[14:27] {nathan} aaah
01[14:41] {@Threei} Long Setup:  DAL  .70 break
01[14:41] {@Threei}  If holds  .65
01[14:42] {@Threei}  frikin TZA/// rinsed
[14:42] {nemo} market new lows
01[14:42] {@Threei}  Invalidated
01[14:45] {@Threei} Long Setup:  DAL  .60 break
01[14:45] {@Threei}  If holds  .55
01[14:47] {@Threei}  can't watch TZA without deep disgust for humanity
[14:47] {_rcford} lol
01[14:47] {@Threei}  :)
[14:47] {nathan} lol
[14:47] {_rcford} mkt may flush so
[14:48] {dptl} see ya tomorrow all
01[14:49] {@Threei}  take care dp
01[14:49] {@Threei}  change DAL entry to .55 break
01[14:49] {@Threei}  if holds .50 of course
[14:51] {_rcford} TZA short
01[14:54] {@Threei}  half out
01[14:54] {@Threei}  .63
01[14:55] {@Threei}  stop to .54
01[14:55] {@Threei}  1:1
[14:55] {thomcbell} everything so jumpy these days
01[14:55] {@Threei}  Merkel calls on Putin to further de-escalate situation in Ukraine's east and south
01[14:55] {@Threei}  further?
[14:55] {goinshort} thanks V - took the scalp  spy to choppy
01[14:55] {@Threei}  yw
01[14:56] {@Threei}  no seriously... "further??"
01[14:56] {@Threei}  let's get 5 people a day killed instead of 10?
01[14:57] {@Threei}  alter your vacation plans folks:
01[14:57] {@Threei}  United States warns its citizens to defer all non-essential travel to Ukraine
01[14:57] {@Threei}  I know you all dreamt of spending your vacation in Crimea
01[14:58] {@Threei}  and Alex told me he wanted to go to Donetsk and work in one of coal mines for couple weeks, for kicks
[14:58] {RonS} that Alex is such a stud
[14:58] {nathan} lol
01[15:01] {@Threei}  but a week-long course for bartenders "Mixing Molotov Cocktail the Right Way, Shaken Not Stirred" is still on in Slavyansk
[15:02] {nathan} i never took this subject at school,
[15:02] {nathan} it may be interesting :-)
01[15:03] {@Threei}  so, this is a chanceto expand your horizons
[15:03] {nathan} if trading fails..
01[15:06] {@Threei} Long Setup:  GLD  .30 break
01[15:06] {@Threei}  If holds  .20
[15:18] {nathan} gn gents
[15:18] {nathan} see u tomorrow
[15:18] {_rcford} p was the trade of the day wow
[15:26] {goinshort} thanks all -cya tomorrow !
01[15:26] {@Threei}  take care gs
01[15:32] {@Threei}  strange afternoon, no acceleration
[15:33] {cosmo} the day is young
01[15:34] {@Threei}  hmmm
06[15:35] * @Threei wants cosmo to be the one who evaluates his, Threei's age group belonging
[15:35] {thomcbell} swn 45,75 long break if holding 45.70
[15:36] {cosmo} age group wha?
[15:36] {thomcbell} scalping rules
01[15:37] {@Threei} Long Setup:  IWM  .30 break
01[15:37] {@Threei}  If holds  .20
[15:37] {thomcbell} gn all
01[15:37] {@Threei}  bye thom
01[15:37] {@Threei}  Invalidated
[15:38] {cosmo} ah... must be something about acceleration I don't understand
[15:39] {RonS} that's what the Yugo said...
01[15:39] {@Threei}  lol
[15:45] {RonS} https://www.youtube.com/watch?v=tZzKUt4OtE8
01[15:53] {@Threei}  ok guys, thank you all
01[15:53] {@Threei}  have a great evening, see you tomorrow