June 09 2014

Not really our day with a few early stops. Several nice plays later including 1:3 on CAT and nice IWM trades haven't taken us into black. Oh well.


Session Time: Mon Jun 09 00:00:01 2014
[08:34] {nathan} gm gents
01[08:37] {@Threei}  morning nathan
[08:38] {nathan} how are you? bank holidays here today :-)
01[08:41] {@Threei}  why, they don't want to work?
[08:41] {nathan} :-) lazy slackers
[08:41] {nathan} we always invent a religious day off to not to work
01[08:43] {@Threei}  cool
[09:05] {RonS} gm...7 tornados in CO yesterday...one at 10,000 ft...minor damage from all...need to shut down human activity to appease the gods...calling O now
01[09:05] {@Threei}  morning ron
01[09:06] {@Threei}  don't give him ideas... he has plenty on his own
[09:09] {dino} lol ron, just give him another reason to f' things up
01[09:10] {@Threei}  dino :)
[09:13] {dptl} good morning
01[09:13] {@Threei}  dp :)
[09:13] {RonS} was talking to a former neighbor who wants to trade stock and options yesterday...
[09:13] {nemo} he wanted to trade yesterday, or you talked to him yesterday?
01[09:13] {@Threei}  lol
[09:13] {RonS} ...it was like talking to someone yet to start kindergarten about a phd in physics...impossible...
[09:14] {nemo} brain tumor
01[09:14] {@Threei}  I know exactly what you mean ron
[09:14] {nathan} lol
[09:14] {nemo} Pretty funny, sold a gun to a guy over the weekend who was one of the founders of sepracor
[09:14] {nathan} it sounds like my conversations with my brother in law
01[09:14] {@Threei}  no occasion when I answer what I do for a living goes without someone starting to explain to me how it's done or why it can't be done
[09:15] {nathan} do u sell guns nemo?
01[09:15] {@Threei}  this is one of the most curious sides of the market.trading: unlike most other professions, people think they are born with knowledge how to operate in it
[09:16] {nemo} how'd u guess?
[09:16] {nemo} what gave it away?
01[09:16] {@Threei}  only on black marker nathan
[09:16] {nathan} lol
[09:16] {nathan} can u send me a couple nemo?
[09:17] {nemo} I don't export to Spain
[09:17] {nathan} got some friends who might me interested
[09:17] {nathan} lol
01[09:17] {@Threei}  no one in their right mind would start explaining a surgeon something about surgery
[09:17] {nemo} Basque friends
01[09:17] {@Threei}  architector about designing buildings
[09:17] {nathan} u know it weell nemo!
01[09:17] {@Threei}  but say you deal with stock market, everyone's an expert
[09:17] {dino} ron, nathan, been there. funny tho, they ask me about it then proceed to tell me what i should be doing
[09:18] {nemo} Hey...I'm not as dumb as I look, then again, no one could be THAT dumb!
01[09:18] {@Threei}  my favorite: O've read study that day trading can't be done profitably
[09:18] {nathan} it's like  in mr livermore book
01[09:18] {@Threei}  sure, byt the author of the study - that's why he does studies and not trading
[09:19] {dino} 3i, better yet, "nobody can time the market" if that were true there would be no daytraders
01[09:19] {@Threei}  ah yes
[09:20] {cosmo} extinct traders timed themselves out
01[09:20] {@Threei}  another favorite of mine: what's the point, it's all rigged anyway
[09:21] {cosmo} My favorite: gold will serve those best who can fashin it into a weapon of valor for personal protection.
01[09:21] {@Threei}  wow... not bad
[09:21] {troub} good morning you all
01[09:22] {@Threei}  troub :)
[09:22] {Alexs} gm
01[09:22] {@Threei}  alex :)
01[09:22] {@Threei}  and: silver will serve those best who can fashion it into a weapon of valor for personal protection while not being able to afford gold?
[09:23] {cosmo} its harder too
[09:23] {dino} buddy on mine was telling me he was loading up on gold and silver back in december. told me i was nuts not doing the same. his profession, prison guard. telling me what to trade
01[09:24] {@Threei}  what is it about stock market that makes everyone think it's their birthright to understand it
[09:25] {cosmo} tradition?
01[09:26] {@Threei}  lol
[09:26] {dino} and the topper, about a year ago a close relative started trading and told me he would bury me in trading. i said, maybe so. haven't heard from him sense.
01[09:26] {@Threei}  of course not, he buried you
[09:26] {dino} and those are the days in my life
[09:27] {nemo} gonna' be fun to watch aapl today
[09:28] {RonS} ya, $100 run soon...
[09:28] {dino} 7/1 rigght?
[09:28] {dino} right
01[09:30] {@Threei} Short Setup: FB  .40 break
01[09:30] {@Threei}  If holds  .50
[09:31] {ESE} gm
01[09:31] {@Threei}  ESE :)
01[09:31] {@Threei}  (looming large today)
[09:31] {ESE} capitols
[09:31] {ESE} weird
01[09:31] {@Threei}  no go
[09:32] {RonS} lol...perfect ese response
[09:33] {ESE} tks
[09:33] {ESE} aim to please.....you know me
01[09:33] {@Threei} Long Setup:  YHOO  .90 break
01[09:33] {@Threei}  If holds  .85
01[09:35] {@Threei}  Invalidated
01[09:36] {@Threei} Long Setup:  TZA  .05 break
01[09:36] {@Threei}  If holds  15
01[09:37] {@Threei}  (US) US Supreme Court refuses to hear tobacco companies appeal of Florida cases- Altria, RAI, and LO units were seeking Supreme Court review of 10 appeals, saying they were not allowed to provide an adequate defense in lower courts.
01[09:41] {@Threei} Long Setup:  FB  .20 break
01[09:41] {@Threei}  If holds  .10
01[09:44] {@Threei}  what the deuce
[09:47] {nathan} short DAL if breaks .10?
01[09:48] {@Threei}  chart's right
[09:48] {dino} gild drop
[09:49] {dino} mms drop
[09:49] {nathan} 1:1 DAL
01[09:49] {@Threei}  :)
[09:50] {nathan} paper tradingf though
[09:50] {dptl} half out dal :)
[09:51] {nathan} :-)
[09:51] {RonS} ebay losing water
[09:56] {dino} bto gild calls
01[09:59] {@Threei}  sheesh FB
01[10:03] {@Threei} Short Setup: GLD  .70 break
01[10:03] {@Threei}  If holds  .80
[10:08] {dptl} wfm .80 break long if holds .70
[10:09] {dino} centa s .61 stop hod
[10:14] {dptl} actualy thinking to short wfm now
[10:14] {dptl} watching
01[10:15] {@Threei}  Tesla Motors CEO wants to open parts of Tesla patent portfolio to other electric car makers in effort to make Tesla supercharger the standard - press (UPDATE)- Musk said on Sunday that he wants to share the designs for his Supercharger system to create a standard technical specification among electric car makers, which could involve Tesla sharing some of its intellectual property about its car components.
[10:15] {dptl} p .45 break short
01[10:16] {@Threei} Short Setup: TWTR  .60 break
01[10:16] {@Threei}  If holds  .70
[10:16] {nathan} short JPM breaks .45
01[10:17] {@Threei}  Amazon.com Inc To announce new payment method - tech blogs (update)Amazon is introducing a new payments service today, which the company hopes will soon be adopted by startup companies and others offering subscription-based or recurring payments.
01[10:19] {@Threei}  Invalidated  TWTR
[10:21] {dino} stop centa .73 -.12
[10:21] {cosmo} GLD tests
01[10:22] {@Threei}  TWTR reestablished
[10:23] {cosmo} Someday gold might make good bullets. You wouldn’t even need to use any tracer rounds…
01[10:23] {@Threei}  silver is tested as anti-werewolf weapon
[10:24] {cosmo} vampires too
[10:26] {dptl} invalidated p
01[10:26] {@Threei}  .70 aggressive was much better idea on TWTR...
[10:30] {Alexs} trail twtr?
01[10:31] {@Threei}  I'd prefer after .55 break
01[10:34] {@Threei}  trail now
[10:35] {dptl} short p .51 stop
[10:37] {dptl} nope...out
[10:41] {thomcbell} syna looks interesting - might be buy stops above 69 based on daily
[10:43] {thomcbell} hmm someone just ripped it
[10:50] {RonS} Charging an electric car in 1905 pic.twitter.com/hOmCyowoFP
[10:52] {dino} splk swing from 5/29 stop to .24
01[10:53] {@Threei}  1:1  GLD
01[10:56] {@Threei} Long Setup:  CAT  .35 break
01[10:56] {@Threei}  If holds  .25
[10:59] {dino} hub.a and hub.b?
01[11:00] {@Threei}  no news
[11:02] {dino} splk swing stop/out 44.24, +2.99
[11:06] {dino} hub.b trig smr s .60 break
[11:06] {nathan} WMT double botton?
06[11:06] * @Threei puts some catnip at .45 for CAT
01[11:07] {@Threei}  I don't see it on WMT
[11:07] {nathan} ok, thx
01[11:07] {@Threei}  half out CAT
01[11:08] {@Threei}  stop .34
[11:08] {dino} cx hubb
01[11:08] {@Threei}  1:1
[11:08] {nathan} gj
01[11:11] {@Threei}  1:2
01[11:11] {@Threei}  CAT
01[11:11] {@Threei}  finally something decent
[11:13] {dptl} dal may be .10 break short again
01[11:13] {@Threei}  1:3
01[11:13] {@Threei}  out
01[11:13] {@Threei}  whew
[11:13] {nathan} brb
[11:15] {dptl} wfm .75 break short if holds .85
[11:22] {dptl} inval.
01[11:29] {@Threei} Short Setup: FB  .05 break
01[11:29] {@Threei}  If holds  .12
01[11:30] {@Threei}  Invalidated
[11:31] {nemo} it's like just go long at the open, and go back to bed
[11:37] {dino} yeah
01[11:40] {@Threei} Short Setup: FB  .05 break
01[11:40] {@Threei}  If holds  .15
01[11:43] {@Threei}  no go
01[11:57] {@Threei}  gotta try it again
01[11:57] {@Threei}  in
01[11:57] {@Threei}  same stop
01[11:58] {@Threei}  63 is critical support
[12:00] {RonS} quote stuffing on $msft...almost 100,000 quotes in 1 min
[12:15] {RonS} reminds me of that song...should i stay or should i go?
[12:15] {Alexs} lol
[12:19] {dptl} dal may be short 42 break
[12:19] {nemo} the latter ron
01[12:23] {@Threei} Long Setup:  TWTR  .25 break
01[12:23] {@Threei}  If holds  .15
01[12:44] {@Threei}  sigh
01[12:45] {@Threei}  (EU) Germany Chancellor Merkel: remain supportive of Juncker at the EU commission
01[12:45] {@Threei}  it's that same guy because of which UK said will rush to exit, right?
[12:46] {dino} hub.b partial s .30
[12:47] {Alexs} they don't need UK any more, Ukraine is coming in
01[12:49] {@Threei}  lol
[12:50] {RonS} kndi l 12.28
[12:55] {thomcbell} long setup WB 18.78 long break if holding 18.65
[12:56] {RonS} out kndi 12.48 +.20  ese size
01[12:56] {@Threei}  wtg
[12:59] {thomcbell} vad it might be time to put aapl into the mix
[12:59] {thomcbell} there have been some of our type of setups today
01[12:59] {@Threei}  looks like
[13:02] {dino} hub.b stop .73 -.43
[13:03] {dino} clx spike
[13:03] {thomcbell} WB 1:1
[13:04] {thomcbell} thru 19.40 oor 19.50 on daily WB could get some momentum back
01[13:09] {@Threei}  Stephen Harper on Barack Obama’s climate-change plan: Been there, done that
01[13:11] {@Threei} Long Setup:  AAPL  .70 break hl
01[13:11] {@Threei}  If holds  .60
[13:12] {RonS} can i have my kndi back?...
[13:12] {nemo} I just did a double take on the aapl call
01[13:13] {@Threei}  and?
[13:13] {nemo} I forgot it's not a 700 stock anymore
01[13:13] {@Threei}  :)
[13:15] {dptl} anybody connection prob with das nonko?
[13:15] {nemo} no
01[13:15] {@Threei}  fine here
[13:16] {nemo} how many bottles vodka you drink so far today dp?
[13:16] {dptl} hmm...second time i am loosing server connection today
[13:16] {nemo} who's your ISP?
[13:17] {dptl} its not my internet...everythingelse is working fine
[13:17] {nemo} have you logged into your modem?
[13:18] {nemo} any hiccup in your internet connection, that one application will not notice may cause problems for another
01[13:18] {@Threei}  half out AAPL
01[13:18] {@Threei}  that was good idea thom, re: AAPL addition to usual suspects
[13:19] {dino} clx crazy
[13:20] {thomcbell} yeah its been a goto day trading stock by some of my richer brethren
01[13:22] {@Threei}  Reportedly Saudi Arabia could increase crude oil output in the second half of 2014, after boosting production by 35K bpd in May - press ***Reminder: OPEC is meeting in Vienna, Austria this week
[13:24] {dino} reloaded hub.b smr s .42
01[13:25] {@Threei} Short Setup: IWM  .05 break
01[13:25] {@Threei}  If holds  .15
[13:25] {nemo} should test below 116
[13:25] {nemo} 117
[13:28] {dino} dptl, losing it here as well
01[13:28] {@Threei}  really like how AAPL moves
[13:28] {dptl} ?
[13:28] {dino} trading platform hiccups
06[13:28] * @Threei sends dino and dptl his shrink business cards
[13:28] {dptl} ye, something is wrong
[13:29] {dino} 3x today, odd
01[13:29] {@Threei}  don't you guys use different platforms?
[13:29] {dino} yes
[13:29] {dptl} man....lol
01[13:29] {@Threei}  hehe
[13:30] {Alexs} IWM trail .11?
01[13:30] {@Threei}  I think so
01[13:31] {@Threei}  touched 2 cents from 1:1
01[13:31] {@Threei}  what a weird headline: AAPL shares lose their value in stock-split
01[13:33] {@Threei}  1:1
01[13:41] {@Threei} Short Setup: APPL  .60 break hl
01[13:41] {@Threei}  If holds  .70
[13:50] {dptl} half out
01[13:55] {@Threei}  High praise from Down Under: Australian Prime Minister Tony Abbott says Stephen Harper has been a beacon to centre-right parties around the world and he calls him "an exemplar of a contemporary, centre-right prime minister."
[13:57] {dino} cov hub.b .92, +.50
[13:58] {Alexs} is Harper really a conservative?
01[13:58] {@Threei}  in Canada terms, of course
[13:59] {dptl} stop to .91 dal
01[14:01] {@Threei}  frikin IWM
01[14:01] {@Threei}  rinse
01[14:02] {@Threei}  keep in mind that Canada's whole political specter is more to the left that US's
01[14:03] {@Threei}  so our right might look moderate to you
[14:04] {Alexs} that's sad
[14:04] {troub} t-party kind of thing there?
01[14:05] {@Threei}  nah, not even close
[14:05] {troub} Lucky you
01[14:06] {@Threei}  but it works... after 20+ years of relentless move tio the left, he slowly but surely reworks things, creating right-of-center approach, at least fiscally
01[14:07] {@Threei}  sure thing, left wing hates him passionately
01[14:07] {@Threei}  and blames him in everything under the sun
01[14:07] {@Threei}  but the guy is a freight train on a slow speed
01[14:07] {@Threei}  slow but unstoppable
[14:08] {Alexs} what is his rating in the country?
01[14:10] {@Threei}  latest I saw was 32%
[14:11] {dptl} out some more dal .74
[14:11] {Alexs} so the stop will be next election...
01[14:12] {@Threei}  it's normal for ruling party ratings to drop between elections
01[14:13] {@Threei}  and our system is a bit different... vote split between left paries means 35% is a sure win, over 40% is majority
01[14:13] {@Threei}  no news for this market drop
[14:14] {Alexs} market drop is the news
01[14:14] {@Threei}  a bit too sharp to be technical...
[14:15] {dptl} its a nice drop :)
[14:15] {troub} how many parties are there?  All parties national or regional?
01[14:15] {@Threei}  (US) President Obama to unveil plan to cap payments of federal student loans at 10% of monthly income - pressThe order will cover five million students who borrowed before October 2007 or those who have not borrowed since October 2011 The move would cost the government $58 billion over 10 years and raise $72 billion through a new tax on high-income earners
01[14:16] {@Threei}  3 major ones,,, Tory, NDP and LIberal
01[14:16] {@Threei}  2 smaller, Quebecua ans Green
[14:16] {nemo} how are they defining "high-income"
[14:17] {dino} in obummers view $50k i'd guess
01[14:17] {@Threei}  lol
01[14:17] {@Threei} Short Setup: AAPL  .60 break
01[14:17] {@Threei}  If holds  .70
[14:17] {dino} these kids need to stop borrowing for those liberal arts degrees
[14:18] {nemo} all it will do is drive up the cost of an education
[14:18] {Alexs} I think in a couple years anyone who has a job will be high-income earner
[14:19] {dino} lol
01[14:19] {@Threei}  1:1
01[14:19] {@Threei}  then anyone with food stamps?
[14:19] {nathan} 1:1 thx vad
01[14:19] {@Threei}  yw
[14:19] {nemo} I was trying to get apple when it dropped .80, was in the sixties in a blink
[14:21] {dino} hclp smr l .68 ave, all over the tape
01[14:21] {@Threei}  we did on the bounce nenmo... was obtainable
[14:21] {nemo} yep and tna break .10  sheesh
[14:22] {dptl} out dal
01[14:23] {@Threei} Short Setup: IWM  .60 break
01[14:23] {@Threei}  If holds  .70
01[14:24] {@Threei}  1:1
01[14:26] {@Threei}  AAPL drops more
01[14:29] {@Threei}  1:3 almost
01[14:29] {@Threei}  nice mover, thanks again 'for bringing it thom
[14:29] {Alexs} you still keep it?
01[14:29] {@Threei}  no
01[14:29] {@Threei}  first day trading it, treating it with double care
01[14:34] {@Threei} Short Setup: AAPL  .45 break
01[14:34] {@Threei}  If holds  .55
01[14:35] {@Threei}  trail to .51
01[14:35] {@Threei}  market probably bounces now
01[14:36] {@Threei}  feels like downside is still there but close to eod
01[14:36] {@Threei}  closer
01[14:41] {@Threei}  Memorable Stephen Harper Pictures under the article at http://www.huffingtonpost.ca/2014/04/25/conservative-party-poll-harper-trudeau-liberal_n_5212640.html
01[14:41] {@Threei}  guy absolutely enjoys what he does
[14:43] {nathan} take care guys!
[14:43] {dino} cya nat
[14:43] {nathan} see you tomorrow
01[14:44] {@Threei}  take care nathan
01[14:50] {@Threei} Long Setup:  IWM  .70 break
01[14:50] {@Threei}  If holds  .60
01[14:54] {@Threei}  btw, don't tell ese I like Harper... he will suffocate me violently, burn my body, spread ashes over the Pacific and probably try to drain Pacific after that
01[14:54] {@Threei}  1:1
01[14:54] {@Threei}  and if he does, where will dp fish
[14:55] {dptl} and all this with music ...lol
[14:55] {cosmo} may your ashes soak up some of that radiation
01[14:55] {@Threei}  oh yeah, drumming victoriously
[14:55] {dptl} lol
01[14:58] {@Threei}  upon reading this, I think new president has bipolar disorder: http://time.com/2848477/exclusive-ukraines-president-seeks-understanding-with-russia/
01[15:09] {@Threei}  1:2
[15:11] {dino} igt
[15:15] {Alexs} why Vad, in this interview he sounds reasonable?
01[15:16] {@Threei}  well... on one hand "we have to work with Russi" and on another, "I don't care what Putin thinks and Russia needs to be punished"?
01[15:16] {@Threei}  how doesa that work together
[15:16] {Alexs} no problem, for me
01[15:17] {@Threei}  well... main question is, whether it's a problem for Putin :)
[15:17] {Alexs} I hate you but I have to work with you, so?
01[15:17] {@Threei}  we will see very soon
[15:18] {Alexs} For Putin it's nothing new that somebody hates him
[15:18] {Alexs} He doesn't care as long they do what he wants
01[15:19] {@Threei}  so if he wants Poroshenko to back off and let two republics become indeoendent, what's Poroshenko to do?
01[15:19] {@Threei}  or, not to sign up EU agreement?
[15:20] {Alexs} I don't think that it's what Putin needs
01[15:20] {@Threei}  that's what he says
01[15:20] {@Threei}  on both counts
[15:21] {dino} igt hl s .34
[15:23] {Alexs} he's got Crimea, now he's just keeping pressure, so when he give up everybody will be happy and it will be new status quo
01[15:24] {@Threei}  nemo... pssst...
01[15:24] {@Threei}  we have optimist among us
01[15:25] {@Threei}  come on IWM, last push
01[15:25] {@Threei}  careful alex... nemo hunts optimists with rocket launcher, loaded with silver-plated rockets
[15:26] {Alexs} and you know Putin's rally interested that Crimea is a disputed territory, it's a main obstacle for Ukraine to get to NATO
[15:27] {Alexs} and to EU as well
01[15:28] {@Threei}  AAPL two-sided
01[15:29] {@Threei}  .75 - .85
[15:29] {dino} cov igt .04, +.30
01[15:29] {@Threei}  wtg
[15:31] {dino} ty
[15:32] {dino} out hclp .98, +.30
[15:34] {Alexs} AAPL doesn't like us today
01[15:35] {@Threei}  half and half I thought?
[15:35] {dino} byi hl l .58
[15:38] {Alexs} 2:3 AAPL and the wins were just 1:1s
[15:40] {dino} out igt .75, +.17
[15:42] {dino} igt hl s .25
[15:44] {dino} that was out byi, not igt
01[15:44] {@Threei}  nice anyway
[15:46] {dino} igt stopped .35 -.10
[15:47] {dptl} gn...see ya tomorrow all
01[15:47] {@Threei}  thatnk you all
01[15:47] {@Threei}  not our day
01[15:48] {@Threei}  have a good evening, see you tomnorrow for a better one
[15:49] {dino} igt s .30
[15:50] {dino} cov igt .14, +.16
[15:56] {dino} calling it a day, gn all
[15:57] {thomcbell} gn

Market Week Wrap-up

TradeTheNews.com  Weekly Market Update:US Jobs Recovery on Track, ECB Cuts Rates

- US, European and Japanese equity markets pushed out to all-time or near all-time highs this week, while yields on US and German benchmark 10-year notes have moved away from the one-year lows seen last week. The week was all about the landmark ECB decision and another above-200K number in the US non-farm payrolls. The ECB cut its three key rates at the decision on Thursday, most notably putting the deposit facility in negative territory for the first time ever, and announced a package of measures to ensure funding finds its way to the real economy. In the US, five years into the economic recovery, total payrolls have finally passed their pre-recession 2008 highs. All in all, the US economy lost 8.7 million jobs during the Great Recession and today total employment is about 98K jobs above the prior high, at around 138.46 million. Chinese equity markets were pretty much flat on the week as HSBC and official PMI data offered contrasting pictures of the nation's economic pulse. For the week, the DJIA gained 1.2%, the S&P500 added 1.3% and the Nasdaq surged 1.9%. The German DAX hit the 10,000 mark for the first time in the moments after the ECB policy decision.

- The May payrolls were more or less as expected at +217K, but lower than the revised 282K April figure. The long-term unemployed showed signs of getting work, with people unemployed more than 26 weeks falling 78K and those unemployed 15-26 weeks declining 92K. The average workweek was unchanged at 34.5 hours as expected, but hourly earnings were slightly stronger than anticipated.

- The ECB cut its three key rates at the decision on Thursday, most notably putting the deposit facility in negative territory for the first time ever, charging banks for holding their money. The central bank also announced additional measures to push banks to funnel more money into the real economy: it extended the fixed-rate full allotment MROs by 18 months to the end of 2016, suspended SMP sterilization (which was failing anyhow) and teed up two more LTROs. In addition, the ECB reiterated that it was continuing work to set up an ABS repurchase facility. Draghi insisted this was not the end of the measure the ECB was willing to undertake to support the eurozone economy and emphasized that the council would take any action within its mandate to achieve price stability, including possible large-scale asset purchases. Since the decision, the Bundesbank's Weidmann and several other ECB figures have emphasized that no more ECB actions will be taken until there is time to assess the economic impact of this week's policy changes.

- There has been plenty of skeptical analysis of the ECB's new measures. The new TLTROs (targeted longer-term refinancing operations) reprise the ECB's prior three-year LTRO operations, launched in December 2011 and February 2012 to cope with the euro crisis. Nearly all of the €1.02T in funds allotted at that time was invested in sovereign bonds, and this time around Draghi promises ECB oversight will keep the funds flowing into the real economy. Skeptics suggest this will be difficult, as demand for lending rather than a shortage of funds appears to be one of Europe's chief problems. As of today, only €554.6B from the first two LTROs has been paid back, which is only a little more than the total €400B TLTRO funding. According to Deutsche Bank, in a sense the new LTROs could be construed as a four-year extension of the existing LTROs, at a lower cost. There is also doubt about negative deposit rates, as European banks' deposits at the ECB have fallen close to zero in the past several months and reserve holdings at the ECB (to which negative rates will also apply) have also diminished significantly. Big European banks with global reach could also simply park more of their funds in the Fed via their US branches.

- The US placed a fresh round of duties on imported Chinese solar products. The move comes SolarWorld AG filed a petition complaining that Chinese manufacturers sidestepped earlier duties by shifting production to Taiwan. The new import duties cover panels made with parts from Taiwan. Chinese solar names saw steep losses on the news. In other trade conflict news, there were reports that China was preparing to cancel rare earth export tariffs in order to comply with WTO rules, after the world trade body ruled in March that Beijing's huge tariffs were a violation of its rules.

- As expected, President Obama unveiled proposals to slash carbon emissions for existing power plants. The President promised to use his executive authority propose new EPA rules that would cut carbon emissions from the country's coal fired plants by up to 30% by 2030. The new rule is expected to be finalized next year, setting the first national limits on CO2 and bypassing Congress. The proposal would give states some flexibility in meeting the targets.

- US May auto sales clearly showed an explosion of pent-up demand, contrasting sharply with very modest results seen in April. Chrysler's sales jumped 17% y/y in May, GM sales surged 12.6%, about twice the expected growth. Ford sales were also a bit better than expected, and in all the industry annualized total US vehicle sales rate (SAAR) for May hit 16.77M, well above a 16.1M expectation.

- There were no big surprises at Apple's WWDC developers' conference on Tuesday, disappointing some Apple adherents who are anxious to see the invention of the next consumer product category. Apple rolled out a new version of its OS X operating system and gave a sneak peak of iOS 8, including the new HomeKit and HealthKit developer platforms. As the names suggest, they provide frameworks for development of health and home management apps, seen as the next big opportunity for wireless devices.

- AT&T raised its full-year revenue forecast for a second time, citing strong growth in its wireless business. The firm offered a range of Q2 metrics guidance, and forecasted net postpaid wireless subscriber additions would exceed 800K, compared to 625K in Q1 and 551K in Q2 of 2013, which was the company's best Q2 postpaid net adds figure in four years. AT&T said it would sell 3.2M smartphones in the quarter under its new AT&T Next program, which lets customers get a new device every 12-18 months when paying a monthly installment plan.

- Unconfirmed reports detailed Sprint's courtship of T-Mobile, a week after press stories that said T-Mobile parent Deutsche Telekom gave Softbank a green light for Sprint to go after its US unit. Sprint's offer would be a 50/50 cash and stock deal, priced at approximately $40/share for an implied deal value around $32.2B. An RBC analyst aired some skepticism about the prospects of the merger garnering FCC or DoJ approval, and said that Dish could come in with a counter offer. The contest for Hillshire Brands continued, as Pilgrim's Pride boosted its offer to $55/share from $45/share prior, beating out Tyson Foods' own improved $50/share offer from late last week. After receiving the latest bid, Hillshire's board has authorized official negotiations with both Tyson and Pilgrim's Pride under language in its standing merger agreement with Pinnacle Foods. Both offers are conditioned on the termination of Hillshire's pending deal to acquire Pinnacle Foods.

- The euro was on the defensive all week leading up to the rate decision on Thursday, with EUR/USD pivoting around 1.3615. Expectations for ECB action were cemented by the advanced Eurozone May CPI reading, after the data missed expectations (0.5% v 0.6%e), matching the March reading, which was the lowest level in the series since November 2009. The preliminary German May CPI dropped below 1%. After the ECB decision, EUR/USD hit four-month lows at 1.3500 but stayed above the key January low of 1.3477.

- USD/JPY rose to one-month highs around 102.80 on Tuesday after data showed that Japan April earnings rose 0.9% y/y, their highest level in two years, and Australia first quarter GDP rose to +3.5%, its fastest pace of expansion in two years. The RBA left its cash rate target unchanged in Tuesday's decision, flatfooting markets that had been factoring in a small chance of a rate cut. AUD/USD rose to two-week highs around 0.9355 on Friday.

- China's official May PMI figures registered another month of steady improvement. Manufacturing expanded for the third consecutive month and hit a five-month high of 50.8, helped by strong gains in the new orders and input prices components. Non-manufacturing hit a six-month high of 55.5. HSBC data were slightly less impressive despite the "mini-stimulus" focus on smaller enterprises: manufacturing PMI slowed to 49.4 - its 5th month of contraction - and services hit a 4-month low of 50.7. According to HSBC's chief China economist, the data clearly shows China's recovery momentum is slowing and policymakers will need to further ease monetary and fiscal policy to help support growth. Remarks from the IMF's Lipton late in the week were slightly more sanguine. He suggested worries over mainland slowdown are exaggerated but also called for the 2015 GDP target to be lowered to 7.0% to achieve a more "sustainable" growth rate. Investors are staying tuned for more May economic data next week, starting with the trade figures out over the weekend.

- Japanese PM Abe continues to press forward with his ambitious reform agenda. Following a series of meetings, both the Finance Ministry and the LDP Tax Panel have now acquiesced to Abe's push for lower corporate taxes provided there is a new stable source of revenue to compensate for the shortfall. Japan's current rate of 35%+ is substantially higher than the average among developed economies and the new head of Keidanren - Japan's powerful business lobby - has already expressed his desire to see them closer to 25%. On Friday, Abe also requested Health and Welfare minister Tamura to make a more concerted effort on GPIF pension fund reform to increase its investment in the stock market. Decisions on portfolio guidelines are expected at the end of the year, however Abe is aiming for that review to be completed by September or October. Japan's latest updates on economic and monetary policy are also on tap for next week - Q1 final GDP data will kick off the week's data while the BOJ policy statement will be announced on Thursday.

TradeTheNews

June 06 2014

Positive day again, even though not without a few stops. Ending a nice week with 4 winning days on a nice note.

Session Time: Fri Jun 06 00:00:00 2014
[09:06] {troub} good morning you all
01[09:07] {@Threei}  troub :)
[09:11] {dino} gm
01[09:11] {@Threei}  dino :)
[09:12] {RonS} greetings from the breezy plains of the Mile High City
01[09:12] {@Threei}  ron :)
[09:12] {RonS} ...my freakin ash trees are beating the hell out of my roof...
01[09:13] {@Threei}  that doesn't dound too good for the roof
01[09:13] {@Threei}  sound
[09:15] {dptl} good morning
01[09:15] {@Threei}  dp :)
[09:16] {dino} cut them back
01[09:17] {@Threei}  or put armor on the roof...
[09:28] {ese} morning
[09:29] {dino} .
01[09:29] {@Threei}  ese :)
[09:31] {ese} when officially does summer holidays start for traders....july ? mid june?
01[09:31] {@Threei}  ?
01[09:31] {@Threei}  what's summer holiday for traders?
[09:31] {dino} now
[09:32] {ese} because it really starts to slow down in terms of volume when they buggar off
01[09:32] {@Threei}  it's not a day
01[09:32] {@Threei}  it's a process
[09:32] {ese} ya
01[09:32] {@Threei}  bottoming in august
01[09:32] {@Threei} Long Setup:  FB  .20 break
[09:32] {ese} ahhhhh ya
01[09:32] {@Threei}  If holds  .10
[09:33] {ese} after this weekend i hope to be back to normal...........
[09:33] {nemo} huh?
[09:33] {nemo} normal?
[09:33] {ese} keeping up with the dino's and nemo's and and and
[09:34] {ese} and well.......ya thats it....normal
01[09:34] {@Threei}  1:1
[09:34] {dino} lol
01[09:35] {@Threei}  1:2
01[09:37] {@Threei} Long Setup:  FB  .20 break hl
01[09:37] {@Threei}  If holds  .10
01[09:37] {@Threei}  Invalidated
[09:39] {ese} cool ...vxx tanking
01[09:41] {@Threei} Long Setup:  SLW  .75 break
01[09:41] {@Threei}  If holds  .70
[09:45] {dptl} db .22 short if hold .30
[09:48] {dptl} invalidated for now
[09:49] {Alexs} gm
01[09:49] {@Threei} Long Setup:  C  .90 break
01[09:49] {@Threei}  alex :)
01[09:50] {@Threei}  missed nice 1:2
01[09:50] {@Threei}  did dp send you his alarm clock?
[09:50] {Alexs} lol
01[09:50] {@Threei}  you know... the one that instead of ringing, whispers "sleep well, dear comrade"
01[09:51] {@Threei}  change C to .85 break
[09:52] {ese} L itub .30 normal
01[09:53] {@Threei}  change C to .75 break
01[09:53] {@Threei}  If holds  .70
[09:55] {dino} vxx hl l .01
01[09:56] {@Threei}  half out
01[09:56] {@Threei}  stop to .74
01[09:56] {@Threei}  1:1
[09:56] {dptl} pbr .34 break short
[09:57] {dptl} .35
[09:57] {dptl} i'll keep .41 stop
01[10:00] {@Threei}  (US) EU has agreed to allow the start of testing of imported pigs from North America following the porcine epidemic
01[10:00] {@Threei}  I feel our bacon will be even more exoensive
[10:01] {ese} talk about not saving your bacon
[10:01] {cosmo} and footballs get more expensive...
[10:01] {ese} lol
[10:01] {ese} ya!!!!!! jeeezzzz
[10:02] {dptl} nope..out pbr
01[10:03] {@Threei}  didn't looks right to me dp
01[10:03] {@Threei}  .40 break maybe, but not .35
[10:03] {dptl} well was kinda weak
[10:03] {thomcbell} fnsr 25.15 long break if holding 25.05
[10:03] {ese} you talkin about the stock or dp not lookin right
01[10:03] {@Threei}  yeah, but dropped half of the day already
01[10:04] {@Threei}  way
[10:04] {nemo} ebay
01[10:04] {@Threei}  dp of course ese... sends alex broken alarm clocks... what kind of behavior is that
[10:05] {ese} lol
[10:05] {ese} indeed
[10:05] {dptl} lol
[10:08] {RonS} hey ese, something for you to download to play for you leaders today:  https://www.youtube.com/watch?v=KHF9itPLUo4
[10:08] {RonS} +r
[10:09] {nemo} what?  a recitation of the Communist Manifesto?
01[10:09] {@Threei} Long Setup:  P  .65 break
01[10:09] {@Threei}  If holds  .55
[10:10] {thomcbell} fnsr invalidated
01[10:10] {@Threei}  no go
01[10:13] {@Threei}  trail C to .79
01[10:22] {@Threei} Long Setup:  FB  .80 break
01[10:22] {@Threei}  If holds  .70
01[10:24] {@Threei}  1:1
01[10:26] {@Threei}  1/4 more out
01[10:26] {@Threei}  stop .84
01[10:28] {@Threei}  Ukraine International Airlines launches direct Kyiv–New York flights
01[10:28] {@Threei}  mass exodus?
[10:34] {dptl} vlo .35 break long, if holds .30
01[10:36] {@Threei} Long Setup:  TWTR  .40 break
01[10:36] {@Threei}  If holds  .30
01[10:38] {@Threei}  1:1
[10:39] {dino} vxx stop -.24
[10:48] {dptl} cien .25 break sh
[10:51] {dptl} out vlo .47
[10:55] {RonS} drl l 3.58
[11:03] {RonS} out drl 3.66 ese size +.08
[11:05] {dptl} got in cien...but it trades wierd
01[11:07] {@Threei}  take the money and shut up
[11:07] {dptl} out
01[11:07] {@Threei}  :)
[11:08] {dptl} -.08
01[11:08] {@Threei}  wait you were short?
[11:09] {dptl} ye .24
01[11:09] {@Threei}  with SPY hitting new highs...
01[11:09] {@Threei}  reversal is much more likely than successful breakdown
[11:09] {dptl} and cien was breaking down
[11:10] {dptl} ye was wrong
01[11:10] {@Threei}  which normally is a trap when market breaks out
[11:15] {dino} vtnr l .41 late
[11:21] {dino} out vtnr .71, +.30
[11:23] {RonS} ssys rumor about japanese co interest
[11:23] {dino} vxx hl l .70
[11:29] {dino} jo spike
[11:30] {RonS} nemo does that every day...
[11:30] {nemo} ?
[11:30] {dino} lol
[11:30] {RonS} vodka in coffee
[11:30] {nemo} ahhhh
01[11:30] {@Threei}  lol
[11:33] {dino} srty hl l .50
[11:34] {RonS} ese sure is quiet...for ese...
01[11:35] {@Threei} Long Setup:  IWM  .95 break
01[11:35] {@Threei}  If holds  .85
01[11:35] {@Threei}  life in picket line's tough ron...
01[11:36] {@Threei}  someone tries to steal your banner...
01[11:36] {@Threei}  someone tries to sneak in with banner "legalize my marijuana"
[11:36] {Alexs} What kind of setup IWM here Vad?
01[11:36] {@Threei}  pullback entry
[11:37] {Alexs} didn't learn it from 111
[11:42] {dptl} i am out
01[11:49] {@Threei}  stop to .89
01[11:51] {@Threei}  1:1
06[11:52] * @Threei slaps dptl around a bit with a banner "cowardice is outlawed!"
[11:52] {Alexs} lol
[11:53] {dptl} yeah...
[11:57] {dino} tight range
[11:57] {dptl} p may be long .90 break
[12:02] {dptl} no
[12:06] {Alexs} IWM short .80?
01[12:07] {@Threei}  yes
[12:07] {nemo} that's vwap, make it two way
[12:07] {nemo} it might have problems at .95
[12:08] {nemo} frickin' finnies
[12:13] {dptl} long ebay .61
[12:20] {dptl} .55 would be better...but...
[12:22] {dptl} will keep tight stop under .60
01[12:27] {@Threei}  1:1
[12:28] {Alexs} ?
01[12:28] {@Threei}  dp's EBAY
[12:29] {dptl} out .74
01[13:01] {@Threei} Short Setup: CAT  .10 break hl
01[13:01] {@Threei}  If holds  .20
06[13:02] * @Threei puts frying pan next top a keyboard to throw at nemo when he starts protesting shorting
[13:03] {Alexs} lol
01[13:04] {@Threei}  Polish ambassador to Russia: Ukraine's NATO membership not on agenda
01[13:04] {@Threei}  Putin: goal #1, check
01[13:05] {@Threei}  56 foreign delegations to attend Poroshenko's inauguration
01[13:05] {@Threei}  Ukrainians: any chance these folks bring their own food?...
[13:05] {Alexs} who is polish ambassador, head of NATO?
01[13:06] {@Threei}  good point
01[13:06] {@Threei}  I assume he just had a peak at agenda and reported what's on it and what isn't? :)
[13:06] {Alexs} lol
01[13:08] {@Threei}  but NATO membership isn't enough, EU membership is a peoblem for Putin as well:
01[13:08] {@Threei}  (UR) Russia President Putin, in meeting with EU leaders earlier today, reportedly threatened protectionist policies if Ukraine signs the EU association agreement
01[13:09] {@Threei}  CAT is two-sided...
01[13:10] {@Threei}  I am a bit hesitant to go long here, so still hl
01[13:10] {@Threei}  - Reminder: The EU Association deal with Ukraine was purportedly scheduled to be signed later in the month
01[13:10] {@Threei}  this puts Poroshenko between rock and a hard place
01[13:11] {@Threei}  he was elected on promise to go to EU; previous president was thrown out for breaking similar promise
01[13:11] {@Threei}  and Maidan threatens to repeat it if new one reneges on the promise
[13:12] {nemo} spy and iwm and fas looking a tad weak
01[13:12] {@Threei}  that's why my CAT idea is rather short
[13:12] {Alexs} the winners will be ukrainian airlines, a lot of work to transfer all ukrainians to Europe
01[13:12] {@Threei}  let's disregard long setup
[13:13] {nemo} this is apple's last day trading in the stratosphere
01[13:14] {@Threei}  and clothes manufacturers, Alex - imagine all the clothes to replace after all ukrainians who don't squeeze in airplanes crawl over the border to Poland and Romania
[13:14] {Alexs} rofl
01[13:31] {@Threei}  if this bounce is all, .10 short again
01[13:31] {@Threei}  stop same above .20
[13:33] {Alexs} keep ready your frying pan Vad
01[13:33] {@Threei}  nemo's here - frying pan is handy
01[13:45] {@Threei}  meh
[14:03] {dptl} see ya monday all...got to go
01[14:03] {@Threei}  take care dp
[14:19] {Alexs} Dialogue will begin between pro-Russian separatists and Ukraine over terms of a cease-fire, a French official said. Finally...
[14:21] {Alexs} otherwise how Poroshenko can visit Donetsk
01[14:23] {@Threei}  I'll believe it when I see it... and French offial should refrain from sampling russian vodka during these meetings
[14:23] {RonS} communist playbook:  when losing, negotiate ceasefire...rebuild strength, start anew...repeat as often as necessary until total victory
01[14:23] {@Threei}  yup
[14:24] {Alexs} lol
01[14:24] {@Threei}  and they are not even losing
[14:25] {RonS} not kidding Alex...Lenin did it in Russia, Mao in China...especially Mao and the brains...Chou en Lai...they were losing badly
[14:26] {Alexs} but it's a wise way, isn't it?
[14:30] {RonS} the mistake those on the other side seem to always make...as a committed idealogue you will never give up...victory or annihilation
01[14:31] {@Threei}  for the West words, promises and agreements are just that. For KGB they are weapons
[14:32] {Alexs} I think if ukrainians don't finish their antiterrorist operation before Poroshenko inauguration (and I'm sure they don't) he has to negotiate with separatists
01[14:33] {@Threei}  Moscow has told Kyiv off for partially sealing the border between eastern Ukraine and Russia.
01[14:34] {@Threei}  does that look to French official like hopeful?
[14:35] {Alexs} Putin said after meeting with Poroshenko that ukrainian president has a plan to resolve the problem... Guess what is the plan that Putin accepts
01[14:36] {@Threei}  includes groveling, begging, praying and bringing finest wines and cheeses?
[14:37] {Alexs} lol
01[14:39] {@Threei}  Enter the negotiation room crawling on your stomach. Do not raise your head or eyes, do not look up. Don't speak until spoken to.
01[14:42] {@Threei} Short Setup: IWM  .80 break
01[14:43] {@Threei}  If holds  .90
[14:52] {thomcbell} pf 31.73 long break if holding 31.65
[14:58] {thomcbell} small shares on this one
01[14:59] {@Threei}  *(US) APR CONSUMER CREDIT: $26.9B V $15.0BE
01[14:59] {@Threei}  oh good
[14:59] {nemo} that'll be taken as a positive
01[14:59] {@Threei}  we are back shopping on plastic
01[15:00] {@Threei}  of course... ramping up to the next crisis is better that wising up from the previous one
01[15:00] {@Threei}  reminds me russian joke (Ron, just don't read, OK?):
01[15:00] {@Threei}  -May I pet your dog?
01[15:01] {@Threei}  - Of course, otherwise how can it bite your hand off
[15:12] {dino} pva l .07
[15:13] {dino} emes all over again
01[15:17] {@Threei}  no go
[15:18] {nemo} likelihood is for the indexes to do the 3:30 bull run
[15:20] {dino} out pva .19, +.12
01[15:20] {@Threei} Long Setup:  FB  .50 break
01[15:21] {@Threei}  If holds  .40
01[15:26] {@Threei}  change to .45 break
[15:26] {dino} true spike
01[15:30] {@Threei}  change to .40 break
[15:33] {dino} gmcr?
01[15:34] {@Threei}  no fresh news
01[15:34] {@Threei}  from the morning:
01[15:34] {@Threei}  (BR) Brazil Coffee Council (CNC): 2015 coffee crop likely to be increased as a result of the rain; but ultimately the current harvest and losses cannot be reversed
[15:34] {dino} smr l .10 stop .90
[15:35] {dino} out .60, +.50
[15:36] {dino} too tight
[15:36] {thomcbell} a bunch of ibd stocks have caught bids of late gmcr is on the ibd50
01[15:37] {@Threei}  ok... 30 trigger, FB
01[15:37] {@Threei}  last recalibration
01[15:38] {@Threei}  Yatseniuk optimistic about litigation in international courts to seek compensation for annexation of Crimea
[15:44] {Alexs} so they're already talking just about compensation, hmm... that's a progress
[15:45] {Alexs} may be he is optimistic to get compensation for the eastern ukrain too
01[15:46] {@Threei}  I am sure he is
[15:46] {Alexs} why fighting just sell everything
01[15:46] {@Threei}  problem is, he is the only one
01[15:47] {@Threei}  Kind of:
01[15:48] {@Threei}  "known blogger" is like Known ground squirrel - it might well be known but only among other ground squirells
01[15:48] {@Threei}  hakf out FB
01[15:48] {@Threei}  stop .29
01[15:49] {@Threei}  out in full
01[15:49] {@Threei}  +.15
01[15:49] {@Threei}  thank you all, have a great evening
01[15:49] {@Threei}  and weekend
01[15:50] {@Threei}  see you Monday!
[15:50] {dino} gj 3i
01[15:51] {@Threei}  ty
01[15:51] {@Threei}  nice week, exoect yesterday
[15:51] {dino} struggling to find trades last two days
[15:52] {dino} ranges too tight
01[15:52] {@Threei}  slow climb... if no individual news stocks, your style struggles
[15:53] {dino} continues, will just go to scalp mode

June 05 2014

A few very nice trades including 1:5 FB short,. but rinses were a few too many, so ending in negative. Slow grind up - investors' dream , tough environment for traders. 


Session Time: Thu Jun 05 00:00:00 2014
[09:13] {RonS} a fine morning to all
01[09:13] {@Threei}  morning Ron
[09:13] {thomcbell} gm
01[09:13] {@Threei}  thom :)
[09:13] {dptl} good morning
01[09:13] {@Threei}  dp :)
[09:16] {troub} good morning you all
01[09:16] {@Threei}  troub :)
[09:19] {ese} morning....anyone want to walk a picket line with me today? eh?
01[09:19] {@Threei}  no thank you
01[09:19] {@Threei}  see dcc though
01[09:21] {@Threei}  there is some irony in this line:
01[09:21] {@Threei}  - Greece Revenue chief Theoharis said to consider resigning
[09:22] {ese} hes' pocketed his mil or so.....time to give some to the next person
[09:26] {Alexs} good morning
01[09:26] {@Threei}  alex :)
01[09:26] {@Threei}  missed strong day yesterday
[09:27] {Alexs} cant't get everything ...
[09:32] {thomcbell} cien up a ton might give a short entry
01[09:33] {@Threei} Short Setup: FB  .60 break
01[09:33] {@Threei}  If holds  .70
01[09:33] {@Threei}  nope
01[09:36] {@Threei} Long Setup:  EBAY  .30 break
01[09:36] {@Threei}  If holds  .20
01[09:37] {@Threei}  change to .20 break
01[09:37] {@Threei}  If holds  .15
01[09:37] {@Threei}  1:1
01[09:40] {@Threei}  FB rinse
[09:43] {Alexs} In Obama pronunciation Poroshenco sounds Porochenko, it's a different meaning in russian :)
01[09:44] {@Threei} Long Setup:  IWM  .65 break
01[09:44] {@Threei}  change to .60 break
01[09:44] {@Threei}  If holds  .55
01[09:45] {@Threei}  1:1
01[09:46] {@Threei}  1:2
01[09:47] {@Threei}  1:3
01[09:47] {@Threei}  out
[09:49] {troub} good on Vad
01[09:50] {@Threei}  ty
01[09:50] {@Threei} Long Setup:  FB  .70 break
[09:50] {thomcbell} cien trading very very well here
01[09:50] {@Threei}  If holds  .60
[09:51] {dptl} short mrvl
[09:51] {dptl} .31 stop
01[09:55] {@Threei} Long Setup:  CIEN  .20 break
01[09:56] {@Threei}  If holds  .10
01[09:56] {@Threei}  FB is annoying today
[09:56] {nemo} 22.70ish possible destination
01[09:56] {@Threei}  Invalidated
01[09:56] {@Threei}  for now
[09:56] {dptl} mrvl to .26
01[10:02] {@Threei} Long Setup:  IWM  .65 break
01[10:02] {@Threei}  Invalidated
[10:09] {thomcbell} bought small rcap
[10:10] {thomcbell} secondary priced at 20.25 fyi
01[10:10] {@Threei} Long Setup:  WMT  .10 break
[10:10] {thomcbell} broke price but this thing has been straight down
[10:10] {dino} ltm hl l .00
01[10:10] {@Threei}  If holds  77
[10:11] {RonS} lol...bot ltm .99  piper downgrade w/ pt in the 50's...value add
01[10:11] {@Threei}  lol
[10:11] {dptl} out some mrvl
01[10:14] {@Threei}  Invalidated
[10:18] {dptl} out mrvl
[10:19] {RonS} out ltm -.08...its early and i broke my block volume rule...waiting until trades 1.5 mil sh or 48.10
[10:20] {nemo} cien
[10:20] {dptl} cien again
[10:20] {dptl} missed
[10:20] {nemo} yeah, just a little late
[10:21] {RonS} rad totally down dude
01[10:21] {@Threei}  lol
[10:22] {dino} ltm stop -.26
01[10:25] {@Threei} Long Setup:  P  .95 break
01[10:25] {@Threei}  If holds  .85
[10:28] {thomcbell} sold 1/4 rcap - + 0.32
01[10:28] {@Threei}  wtg
[10:28] {dino} gj
01[10:29] {@Threei}  P stop to .88
01[10:33] {@Threei}  holding by fingertips
[10:35] {dino} jd spike
01[10:35] {@Threei}  A Russian fighter jet flew within 100 feet (30 meters) of the nose of a U.S. military spy plane in late April north of Japan, triggering private U.S. protests to Moscow just as East-West tensions soared over the crisis in the Ukraine, the Pentagon said.
[10:35] {thomcbell} took the rest of the rcap trade in the 30's
01[10:36] {@Threei}  meh P
[10:37] {Alexs} I think russian pilot just was drunk
01[10:37] {@Threei}  are they cleared for takeoff in any other state?
[10:39] {dptl} isis? halted?
01[10:40] {@Threei} Long Setup:  EBAY  .30 break
01[10:40] {@Threei}  If holds  .25
[10:48] {dptl} bmy 47 long
[10:49] {dptl} if hold .90
01[10:59] {@Threei} Short Setup: CAT  .80 break
01[11:00] {@Threei}  If holds  .85
01[11:01] {@Threei}  meh
01[11:01] {@Threei}  out of tune today
01[11:05] {@Threei}  nice BMY
[11:05] {dptl} out some .17
[11:06] {dptl} stop under .10
[11:07] {dino} dp ty, out bmy .15, +.15
[11:07] {dptl} :)
[11:11] {RonS} does anyone else think Bezos looks like he's been servicing nuclear reactor cores?  pic.twitter.com/huQKnQg9gx
[11:13] {dptl} out more bmy .28
[11:13] {RonS} ltm really has some nice facilities...$45 million dollar one 3 blocks from my house:  http://www.bing.com/images/search?q=lifetime+fitness+pictures&qpvt=lifetime+fitness+pictures&FORM=IGRE
01[11:16] {@Threei}  lol on bezos
01[11:17] {@Threei}  Wal-Mart Stores Inc Comments on expansion of 'Savings Catcher' program
01[11:17] {@Threei}  - Walmart announced plans to rollout Savings Catcher nationwide later this summer. The receipt comparison tool gives the retailers customers added confidence when they shop by eliminating the need to visit multiple stores to find low prices.
01[11:17] {@Threei}  - Savings Catcher looks at other retailers ads and gives customers an eGift card for the difference if a competitors offering is lower than the price they paid at Walmart.
01[11:17] {@Threei}  - At launch, Savings Catcher will compare approximately 80,000 grocery and consumables purchases. In the coming months, produce and general merchandise will also be added to the tool.
01[11:17] {@Threei}  - Nearly one million receipts have been processed using Savings Catcher since Walmart launched its pilot in seven markets this spring.
01[11:17] {@Threei}  - Todays update is just the beginning for Savings Catcher. In the near future, Walmart will offer customers eReceipts and the option to instantly load each of their purchases into the tool automatically finding the lowest price available in their area. Savings Catcher and eReceipts will work together and lead to further innovations like eCoupons and automated shopping lists.
[11:18] {RonS} ...and in 2 years it will be hacked...
01[11:19] {@Threei}  why so long?
[11:19] {RonS} so it can load in the max of customer info...
01[11:20] {@Threei}  ah
01[11:20] {@Threei}  ok, makes sense
[11:23] {Alexs} Ron how much is a membership in that gym?
[11:24] {RonS} prox $50/mo per person...but the deal is families w/ kids...only $10/mo per kid more and can leave kid at day care center for 2 hours/visit included
01[11:25] {@Threei} Long Setup:  TZA  .31 break
01[11:25] {@Threei}  If holds  .25
[11:27] {Alexs} nice prices
[11:28] {dptl} out bmy
[11:29] {RonS} they net 10%, largely off the 50% of total revenue generated from other than membership
01[11:30] {@Threei}  shrug... I need some poison today
[11:30] {dptl} long vlo
[11:30] {dptl} .51
[11:32] {dptl} out some
[11:34] {RonS} sm l ltm .44 s/l lod
[11:35] {dptl} just scalp all out vlo
[11:41] {RonS} fwiw ltm has prox 650k members...only prob w/ biz is the 30%/yr turnover
[11:43] {ese} e
[11:44] {RonS} ...heard a Vegas facility has a 3 hole course on the roof...wonder is they give you a spit to put yourself on during the summer...
[11:45] {ese} thats bizzare
[11:45] {ese} what are they thinking
[11:45] {RonS} 9 mos out of the year it is nice there ese
[11:45] {dino} wabc spike
[11:46] {ese} me coming from Saskatchewan.....it would be nice 12 months in my opinion
01[11:47] {@Threei} Long Setup:  TZA  16 break
01[11:47] {@Threei}  If holds  .95
[11:47] {nemo} ballsy getting in front of this freight train
[11:48] {ese} still trillions sitting on the sidelines......
[11:48] {nemo} I think that's bs
[11:49] {ese} yes
01[12:00] {@Threei}  hemlock... large bowl please
[12:04] {nemo} this is a runaway market today
[12:05] {nemo} there has been no letup in momentum at all
01[12:13] {@Threei}  hate this slow grind
[12:16] {ese} coffee?
[12:16] {nemo} rim shot please
01[12:16] {@Threei}  intravenously. With vodka, 1:1
[12:16] {ese} coffee grind?......yuk yuk nudge nudge
[12:16] {ese} definitely with vodka
[12:24] {thomcbell} wow the beaten down high beta stuff very strong
[12:24] {thomcbell} wday twtr feye etc
[12:24] {nemo} look at IWM, remember we haven't hit the euphoria stage of this bull market
01[12:33] {@Threei} Short Setup: FB  .50 break
01[12:34] {@Threei}  If holds  .60
06[12:35] * @Threei reaches for second bowl of hemlock
01[12:35] {@Threei}  first doesn't work still
[12:35] {nemo} shorting today especially at lunch time, oy vay
01[12:36] {@Threei}  don't
01[12:36] {@Threei}  just don't
01[12:37] {@Threei}  no method works every day. Today it doesn't - no need to make broad conclusions from that
01[12:38] {@Threei}  - General Motors' CEO Mary Barra updated investors on the continuing internal investigation into her company's big recalls this morning. She said probe uncovered a troubling pattern of management deficiencies and neglect, but there was no evidence of a cover-up
01[12:39] {@Threei}  Barra said there could be a few more recall announcements in the months ahead, but that they will be substantially completed by end of the second quarter.
[12:40] {Alexs} what was that setup Vad FB .50? you meant when it breaks 64.50 ?
01[12:41] {@Threei}  lol... just saw it. That was supposed to be IWM, hit wrong symbol
01[12:41] {@Threei}  good thing then
[12:42] {Alexs} thank you man
01[12:42] {@Threei}  no kidding
01[12:42] {@Threei}  error that saved us a stop
01[12:43] {@Threei}  btw alex, interesting read for when you have time: http://www.colta.ru/articles/society/3404
01[12:52] {@Threei} Short Setup: IWM  .50 break
01[12:52] {@Threei}  If holds  .60
01[12:57] {@Threei}  1:1
06[12:57] * @Threei slaps nemo around a bit with a successful short
[12:59] {Alexs} lol what about Lenin like smirk
01[12:59] {@Threei}  I am smirking when I am positive for the day
[12:59] {Alexs} ahh ok
01[13:00] {@Threei}  when negative, I am frowning, growling and fist-shaking
[13:00] {Alexs} hope you will have a chance to smirk today :)
01[13:00] {@Threei}  lately I started thinking of adding to that arsenal pouting and holding a banner with hashtag "#returnmymoney"
[13:01] {Alexs} rofl
01[13:01] {@Threei}  worked for Michelle, right?
01[13:06] {@Threei}  Barack Obama says Scotland should remain part of United Kingdom
01[13:06] {@Threei}  gave an order? good for you, now go home
01[13:07] {@Threei} Short Setup: FB  .15 break
01[13:07] {@Threei}  If holds  .25
01[13:08] {@Threei}  1:1
06[13:10] * @Threei slaps nemo around a bit with a second a successful short in a row
[13:15] {dptl} watching p for .10 break short
01[13:17] {@Threei}  1:2
01[13:25] {@Threei}  out in full .65
01[13:25] {@Threei}  +.50
01[13:27] {@Threei}  pouting works
[13:29] {Alexs} nice pouting :)
01[13:29] {@Threei}  learning from the best
01[13:36] {@Threei} Short Setup: IWM  .35 break
01[13:36] {@Threei}  If holds  .45
[13:41] {RonS} lol, is ese really on a picket line?
01[13:41] {@Threei}  of course... it's mandatory
[13:42] {nemo} that's a good sign on the short, couldn't get above .42, next test is .27...if it gets below, it will likely try to retest it
01[13:43] {@Threei}  yesterday students walk out on strike
[13:43] {RonS} so, liberals who would not go to war for anything are jailed to a picket line?...the irony
01[13:43] {@Threei}  with banners "don't make us your leverage"
[13:43] {dino} tza l .80
[13:44] {nemo} why not short the iwm?
[13:46] {RonS} ...isn't school out?
01[13:46] {@Threei}  almost
01[13:47] {@Threei}  An 18-year-old Pakistani had been shot by her father, uncle, brother and aunt and thrown into the waterway in the city of Hafizabad in Punjab province.
01[13:47] {@Threei}  nice family
[13:47] {Alexs} I read the article Vad, nothing new for me, I left Russia in 2008 actually nothing's changed since that time...
01[13:47] {@Threei}  The victim married her neighbor for love five days ago against the wishes of her family.
01[13:48] {@Threei}  oh I see... having left in 1996, I am more rmoved from those realities
[13:48] {nemo} you adjust your iwm stop yet Vad?
01[13:48] {@Threei}  no
[13:48] {nemo} fine
[13:48] {nemo} be like that
[13:48] {nemo} powt
[13:48] {nemo} pout
01[13:49] {@Threei}  where would you adjust it?
[13:49] {dino} nemo, whats the advantage to shorting iwm vs tza long?
[13:49] {nemo} just asking, then the asshole in me comes out
01[13:49] {@Threei}  just moves wider, dino
[13:49] {nemo} iwm more bang for the buck
[13:50] {nemo} that is unless you have fixed trade costs
[13:50] {nemo} it's very liquid so gappiness, which really isn't a concern of yours, is limited
[13:51] {dino} both thick 22m vs 44m
[13:51] {nemo} wow, watching Sherlock Holmes, the dialogue has a grammatical mistake
01[13:51] {@Threei}  oh the horror
[13:52] {nemo} Yes, this modern era is a travesty
[13:52] {nemo} that frickin' .27 area was support
01[13:52] {@Threei}  Is "Throw me down the stairs my shoes" a good English sentence?
01[13:53] {@Threei}  The answer depends on where you live. Many people in Newfoundland find that sentence perfectly grammatical.
[13:54] {nemo} It's fine
[13:55] {nemo} Not particularly efficient though
[13:55] {nemo} Sherlock said, "Like I said.
[13:55] {nemo} "
[13:55] {nemo} "Like" is a comparison
[13:55] {nemo} He should have said "As I said."
01[13:56] {@Threei}  check yourself nemo: http://www.gameswithwords.org/WhichEnglish/
[13:57] {nemo} I said it wasn't "efficient"
01[13:57] {@Threei}  take the test!
[13:57] {nemo} "Throw MY shoes down the stairs."
01[14:02] {@Threei}  frikin IWM
[14:03] {dino} tza stop .73, -.07
[14:05] {dptl} vlo .45 break short
[14:08] {dptl} if hold .55
[14:17] {RonS} lunch break?  union can't pop for it?
[14:20] {nemo} they're killing the IWM shorts
[14:20] {nemo} going after them again
01[14:35] {@Threei}  hmmm
01[14:36] {@Threei}  some divergencies appear
01[14:36] {@Threei}  SPY retreats noticeably, IWM practically doesn't, FB turns down for real
01[14:36] {@Threei} Short Setup: FB  .30 break
01[14:37] {@Threei}  .c .40
01[14:39] {@Threei}  1:1
01[14:47] {@Threei}  Putin, Cameron start meeting in Paris without handshake
[14:47] {nemo} divergences?
01[14:47] {@Threei}  hey... without fistfight is already a good thing
01[14:48] {@Threei}  considering Putin's proficiency in martial arts, Cameron should be satisfied with no handshake as extreme manifestation of hostility
[14:48] {dptl} got to go..see ya tomorrow all
[14:48] {RonS} cya dp
01[14:49] {@Threei}  take care dp
01[14:50] {@Threei}  ese logged in from picket line
[14:50] {RonS} lol
01[14:50] {@Threei}  at least weather's great :)
[14:58] {Alexs} do you like that C&H FB Vad?
01[15:01] {@Threei}  inverted?
[15:01] {Alexs} yes
01[15:01] {@Threei}  yup
01[15:01] {@Threei}  let's see if it shapes up
01[15:01] {@Threei}  actually, can try aggressive
[15:01] {Alexs} .30 agressive?
01[15:01] {@Threei}  :)
01[15:01] {@Threei}  but watch spy
01[15:01] {@Threei}  don't go in agauinst it
[15:02] {Alexs} I don't go against anybody
[15:03] {nemo} IWM gonna' catch up with the SPY this summer
[15:05] {dino} emes drop
[15:09] {dino} nemo, you ever trade the srty? 2x iwm short
[15:10] {nemo} never heard of it
[15:10] {nemo} ahhh, that's two thin
[15:10] {nemo} too
[15:11] {nemo} .13 spread=Rorschach chart
01[15:17] {@Threei}  got your FB entry alex?
[15:17] {Alexs} yes, and got my stop too
[15:23] {dino} mnk drop'
01[15:25] {@Threei} Long Setup:  IWM  .65 break
01[15:25] {@Threei}  If holds  .55
[15:26] {dino} mnk smr l .54
01[15:27] {@Threei}  Invalidated
[15:27] {dino} out flat, bad entry
01[15:28] {@Threei}  change to .60 break
01[15:28] {@Threei}  If holds  .50
06[15:39] * @Threei kicks IWM in the rear
01[15:39] {@Threei}  1:1  IWM  close enough, half out
[15:41] {goinshort} 1:1 and out - thanks V
01[15:42] {@Threei}  :)
[15:45] {goinshort} thanks all -cya
01[15:46] {@Threei}  take care gs
[15:51] {troub} gn all
[15:52] {dino} gn
01[15:52] {@Threei}  thank you all
01[15:52] {@Threei}  have a great evening, see you tomorrow
[15:55] {thomcbell} good night all

June 04 2014

Almost perfect day with many strong wins and two small stops. We adjusted to this low volume environment quite well, winning handily day after day.

Session Time: Wed Jun 04 00:00:00 2014
[08:58] {thomcbell} gm
[08:58] {nemo} matter of opinion
[08:58] {thomcbell} nice nemo
[08:59] {nemo} such modifiers are not often used in my case
01[08:59] {@Threei}  thom, nemo :)
[09:00] {nemo} NQ active
[09:02] {nemo} by the way, the modern BBC rendition of Sherlock Holmes with Benedict Cumberbatch is quite entertaining
[09:02] {thomcbell} yes i really like that show
01[09:02] {@Threei}  I agree
01[09:05] {@Threei}  unlike Elementary which started out decently but quickly fizzled out
[09:06] {RonS} hey dudes...
01[09:06] {@Threei}  ron :)
[09:07] {nemo} yeah, but I can look at Lucy Liu
[09:07] {RonS} Lucy Liu has got to be the hottest 40+ year old on the planet
[09:07] {nemo} 44
01[09:07] {@Threei}  yup
[09:07] {dino} gm all
01[09:07] {@Threei}  dino :)
[09:07] {cosmo} sf dino
01[09:07] {@Threei}  she is the only thing that show has going for it
[09:07] {cosmo} sf = so far...
[09:08] {RonS} nq short fry ongoing
[09:10] {nemo} closed the gap in premarket
[09:10] {nemo} SPY volume not bad this morning, but we might see a fizzle out into the ECB tomorrow
[09:11] {RonS} p pasted
[09:12] {nemo} freestock charts seems to have stopped it's ad column
01[09:14] {@Threei}  so, NQ seems to be a case where muddy waters have made false claim
[09:14] {dptl} good morning
01[09:14] {@Threei}  dp :)
[09:15] {RonS} scty burning down the house
[09:15] {nemo} thank you Mr. Byrne
01[09:17] {@Threei}  Pandora Reports May audience metrics: active listeners +9% y/y to 77M v 70.8M y/y - Listener hours 1.73B, +28% y/y - Share of total radio listeners 9.13% v 7.29% y/y
[09:19] {RonS} vnda strength for some reason...
01[09:20] {@Threei}  Vanda Pharmaceuticals Inc European Medicines Agency Accepts HETLIOZ (tasimelteon) Marketing Authorization Application for Non-24-Hour Sleep-Wake Disorder in the Totally Blind
[09:21] {RonS} ese conspicuously absent...
[09:26] {thomcbell} Solar ones to watch
[09:29] {thomcbell} tsl and jks would be most effected
[09:29] {RonS} affected fwiw...pru strength
01[09:31] {@Threei} Long Setup:  FB  .30 break
[09:31] {RonS} met too...something about rule change
[09:32] {dino} wheres' scty get its panels from, china?
01[09:32] {@Threei}  If holds  .20
[09:33] {thomcbell} aig watching
01[09:33] {@Threei}  1:1
01[09:34] {@Threei}  1:2
01[09:38] {@Threei} Short Setup: YHOO  .50 break
01[09:38] {@Threei}  If holds  .55
01[09:40] {@Threei}  1:1
[09:43] {dino} idcc hl l .75
01[09:44] {@Threei}  *(US) MAY FINAL SERVICES PMI: 58.1 V 58.2E
[09:45] {dino} scty smr l .75 wide...pulp type
01[09:48] {@Threei} Long Setup:  FB  .40 break
01[09:48] {@Threei}  ugh, late
[09:50] {dino} idcc to .99
01[09:52] {@Threei}  grrr
[09:53] {dino} idcc to .25
[09:56] {dino} out scty .10, +.35
[09:56] {mrcanada} g'day
01[09:56] {@Threei}  nrc
01[09:56] {@Threei}  mrc
[09:56] {thomcbell} trn getting some footing here
[09:57] {dino} idcc to .45
01[09:58] {@Threei} Long Setup:  EBAY  .10 break
01[09:58] {@Threei}  If holds  50
01[09:59] {@Threei}  *(US) MAY ISM NON-MANUFACTURING COMPOSITE: 56.3 V 55.5E
[10:01] {dino} slip, out idcc .40, +.65
[10:01] {thomcbell} ebay still valid vad for time being correct
01[10:03] {@Threei}  yes
[10:05] {dino} emes drop
[10:07] {dino} pall drop
01[10:13] {@Threei}  1:1
[10:17] {dino} out ua calls from last month, +.60/30%
01[10:22] {@Threei}  1:2
01[10:23] {@Threei}  3:3, and one late alert which would have been 1:4
01[10:23] {@Threei}  can I go home?
[10:29] {dino} indeed
[10:29] {thomcbell} fb entry was fabulous
[10:31] {dino} data leftovers stop to .48
[10:33] {dino} out data, slip, .41, +.66
01[10:33] {@Threei}  1:3
01[10:33] {@Threei}  out
01[10:40] {@Threei} Long Setup:  FB  .10 break
01[10:40] {@Threei}  If holds  63
01[10:42] {@Threei}  Invalidated
01[10:44] {@Threei}  The United States on Tuesday handed back its only Central Asian airbase to the government of Russia's close ally Kyrgyzstan, as President Barack Obama winds down U.S. involvement in Afghanistan and Moscow makes a comeback in its old imperial backyard.
[10:44] {nemo} wow gm
01[10:44] {@Threei}  US allots $5 million to Ukraine on body armor, night vision, communications devices
01[10:45] {@Threei}  Pandora Exec: See huge growth opportunities in the US - annual meeting
01[10:48] {@Threei}  FB's valid again
01[10:53] {@Threei}  1:1
01[10:54] {@Threei}  1:2
[11:08] {dptl} tsl .70 break long
01[11:24] {@Threei} Short Setup: GM  .45 break
01[11:24] {@Threei}  If holds  .55
01[11:31] {@Threei}  stop to .51
01[11:38] {@Threei}  Shell has halted shale gas exploration in eastern Ukraine over concerns for the safety of personnel, the regional administration in Donetsk region said
01[11:38] {@Threei}  another win for Putin
01[11:52] {@Threei}  Ukrainian President-Elect Petro Poroshenko has said that he is ready to sign the economic part of the Association Agreement between Ukraine and the European Union as soon as he is officially sworn in as president of Ukraine.
01[11:52] {@Threei}  ih oh
[11:52] {nemo} gm might be long here
01[11:52] {@Threei}  watch for sharp escalation in war
[11:59] {nemo} gm
01[11:59] {@Threei}  gd to you too
[11:59] {nemo} GM
01[11:59] {@Threei}  GM to you too
[11:59] {nemo} you know better
01[11:59] {@Threei}  :)
[11:59] {nemo} that's it!
[12:00] {nemo} you're out of my will!
01[12:00] {@Threei}  oops
01[12:00] {@Threei}  I am sorry?
01[12:00] {@Threei}  very sorry?
[12:00] {nemo} that's an understatement
[12:00] {nemo} there goes GM
01[12:00] {@Threei}  out GM
[12:01] {dptl} vlo .50 break long
[12:01] {nemo} worth a try, watch though.. up to .63 gonna' be a tough slog
[12:02] {nemo} btw dp...this is the traditional season for refiner's t start to sell off
[12:02] {nemo} refiners
01[12:05] {@Threei}  good one dp
[12:05] {dptl} :)
01[12:08] {@Threei}  troub... missed great morning...
[12:10] {troub} More sorry than you know
01[12:10] {@Threei}  I was hot like Kniphofia
[12:11] {troub} installed 8.1 and nothing but problems.
[12:11] {dino} gj dp
06[12:11] * @Threei puctures nemo googling that word
01[12:11] {@Threei}  ugh... why do you need it?
01[12:11] {@Threei}  win 7 works perfectly
[12:12] {troub} couple of programs I need work better on it
[12:12] {troub} at least I'm ok here and broker
01[12:13] {@Threei}  so you made it work?
[12:13] {troub} yes, but caused router and private network problems working out
[12:13] {troub} thanks for interest
[12:14] {troub} probably need Nemo to come fix it
[12:17] {_brian28} test
01[12:17] {@Threei}  pass
[12:18] {_brian28} excellent
01[12:18] {@Threei}  :)
01[12:18] {@Threei}  since action slowed down and you missed active period of morning trading... any questions we might answer?
[12:18] {dino} wow scty
[12:19] {dptl} p .85 break short
[12:19] {_brian28} Just going to sit back and observe for the afternoon to see if I have any
[12:23] {dptl} stop .91 p
01[12:27] {@Threei}  another good one dp... you are one little Kniphofia today as well
[12:28] {dptl} :)
[12:28] {dino} welcome to our jungle b28
[12:29] {dino} rkt drop
01[12:36] {@Threei}  brian, see private message
[12:41] {dptl} short tibx .58
[12:44] {nemo} think we're going into an ecb coma
[12:48] {nemo} should be pretty good gaps one way or the other tomorrow morning
01[12:51] {@Threei}  sheesh, nemo was always master of disguise but this is a bit too much:
01[12:51] {@Threei}  Indian girl, 13, becomes youngest to climb Everest
[12:51] {dino} lol
01[12:52] {@Threei}  what wouldn't people do to hide the bodies where no one will look...
[12:54] {dino} rkt all over the tape
[12:54] {dptl} out tibx
01[12:54] {@Threei}  gj
[12:55] {dptl} ty
[12:56] {dino} quitting early today, golf match. thx for ideas and gn/gl
01[12:56] {@Threei}  take care dino
[12:56] {dino} u2
01[12:57] {@Threei} Long Setup:  SUNE  .25 break
01[12:57] {@Threei}  If holds  .15
01[13:13] {@Threei}  Invalidated
01[13:28] {@Threei} Long Setup:  IWM  .40 break
01[13:28] {@Threei}  If holds  .30
01[13:36] {@Threei}  two-sided
[13:38] {dptl} short pru
01[13:38] {@Threei}  80 break
01[13:39] {@Threei}  half lot
[13:39] {dptl} stop .11 pru
01[13:39] {@Threei}  this one can be unexpectedly volatile sometimes
[13:39] {dptl} small
01[13:42] {@Threei}  good one
06[13:42] * @Threei slaps dptl around a bit with a large roll of cash
[13:42] {dptl} :)
[13:50] {thomcbell} fslr drifting for a while - 65.30 is vwap
[13:50] {thomcbell} looking for a setup there
01[13:55] {@Threei}  1:1
[14:01] {_brian28} Vad, when you said two-sided and 80 break, what did you mean, and which stock were you referring to?
01[14:02] {@Threei}  this was one call:
01[14:02] {@Threei}  [13:28] {@Threei} Long Setup: IWM .40 break
01[14:02] {@Threei}  [13:28] {@Threei} If holds .30
01[14:02] {@Threei}  [13:36] {@Threei} two-sided
01[14:02] {@Threei}  remark about 80 break was response to
01[14:02] {@Threei}  [13:38] {dptl} short pru
[14:04] {dptl} 88 actualy
01[14:04] {@Threei}  yeah
[14:06] {_brian28} okay, so what did you mean when you said two-sided in regards to IWM
[14:06] {_brian28} I thought the 80 comment was about pru, but wasn't sure
01[14:06] {@Threei}  range was .30 - .40 at the moment, and the call: buy .40 break if holds .30
01[14:07] {@Threei}  "Two-sided" addition means:
01[14:07] {@Threei}  .30 break short if holds .40 is a valid setup as well,
[14:07] {_brian28} ahh okay, now I understand
[14:07] {_brian28} thank you
01[14:07] {@Threei}  so whichever trigger comes first, determines direction of the trade
01[14:07] {@Threei}  .40 triggered making it long
[14:08] {dptl} bmy long.35
[14:10] {nemo} wow, we could beat the lowest spy trading volume of the last 1000 trading days today
[14:13] {RonS} 3i's photography competition?  pic.twitter.com/QcAaHMhk2S
01[14:14] {@Threei}  no competition... such flexibility is way beyond my wildest dreams {G}
[14:24] {dptl} stop to .34 bmy.....its either go now or not
[14:28] {dptl} will trail it small shares
[14:36] {dptl} out
[14:44] {dptl} sune again? Vad?
01[14:45] {@Threei}  not sure
01[14:45] {@Threei} Short Setup: IWM  .25 break
01[14:45] {@Threei}  If holds  .35
[14:48] {nemo} this market is mind numbing
01[14:48] {@Threei}  1:1
01[14:48] {@Threei}  not at all... mine's functioning quite well
01[14:49] {@Threei}  then again, I have this delusion for years
[14:54] {dptl} short jks .90
[15:00] {dptl} out
01[15:10] {@Threei} Long Setup:  FB  .50 break
01[15:10] {@Threei}  If holds  .40
01[15:15] {@Threei}  change to .40 break
01[15:16] {@Threei}  If holds  .35
01[15:17] {@Threei}  meh
01[15:19] {@Threei} Long Setup:  IWM  .25 break
01[15:25] {@Threei}  stop under .15 for now
01[15:26] {@Threei}  with trail to .19 after .30 break
[15:27] {nemo} look how thin the book is on iwm
01[15:27] {@Threei}  trail
01[15:30] {@Threei}  1:1
01[15:41] {@Threei}  .29 now
01[15:42] {@Threei}  actually... .34
01[15:45] {@Threei}  1:2
01[15:46] {@Threei}  very nice day continuing very nice week
[15:46] {goinshort} 1:1 +   thanks V!
01[15:46] {@Threei}  thank you all, have a great evening
01[15:46] {@Threei}  see you tomorrow

June 03 2014

Once again very nice day with a few juicy wins in the morning at the end of session, with inactive middle.

Session Time: Tue Jun 03 00:00:00 2014

[09:00] {dino} gm

01[09:00] {@Threei}  dino :)

[09:05] {troub} good morning you all

01[09:05] {@Threei}  troub :)

[09:07] {RonS} hello everyone

01[09:10] {@Threei}  ron :)

[09:11] {thomcbell} yo guys

01[09:11] {@Threei}  thom :)

[09:15] {dptl} good morning

01[09:15] {@Threei}  dp :)

01[09:16] {@Threei}  nemo probably saw gap down and fainted

[09:19] {mrcanada} g'day

01[09:20] {@Threei}  mrc :)

[09:21] {mrcanada} Vad I'm here atleast until I get paged to make some money....what do I need to do?

[09:22] {Alexs} gm

01[09:22] {@Threei}  alex :)

01[09:22] {@Threei}  as usual... follow the calls

01[09:22] {@Threei}  it's not any differenet from any other day :)

[09:23] {mrcanada} for news source what do u guys use?  free or subscription?

01[09:23] {@Threei}  http://www.realitytrader.com/, link at the bottom

[09:25] {mrcanada} trade the news?  thanks

[09:26] {ese} morning

01[09:26] {@Threei}  ese :)

01[09:27] {@Threei}  look dcc ese, while I have your attention for a few seconds

[09:27] {ese} morning vad

[09:27] {Alexs} lol

01[09:30] {@Threei} Long Setup:  FB  .65 break hl

01[09:30] {@Threei}  If holds  .55 

01[09:30] {@Threei}  1:1  

01[09:31] {@Threei}  1:2  

[09:32] {RonS} mnst smacked

01[09:35] {@Threei} Long Setup:  EBAY  .50 break

01[09:35] {@Threei}  .c .40

01[09:35] {@Threei}  If holds  .40 

[09:37] {dino} idcc hl l .65

01[09:40] {@Threei}  let's trail to .44

01[09:40] {@Threei}  strangely heavy

[09:40] {thomcbell} swks strong on this pre-announement 

01[09:40] {@Threei}  shaould have beern at 1:2 already

[09:41] {dino} out idcc .98, +.30

[09:43] {ese} nice one dino

01[09:44] {@Threei} Long Setup:  IWM  .90 break

01[09:44] {@Threei}  If holds  .80 

[09:44] {thomcbell} trw 85.20 long break if holding 85.10 half lot 

[09:45] {thomcbell} invalidated trw

01[09:47] {@Threei}  let's change IWM to .85 break

01[09:47] {@Threei}  If holds  .75 

[09:47] {thomcbell} good volume in swks

[09:49] {dino} idcc smr s brk 44

01[09:51] {@Threei}  1:1  IWM 

[09:51] {thomcbell} darnit trw

01[09:53] {@Threei}  1:2  

[09:54] {dino} lad spike

01[09:54] {@Threei}  lads do that

[09:56] {dino} lol

[09:56] {dino} smr s lad .51 wide

01[09:57] {@Threei}  never expected EBAY to be so annoying

01[09:58] {@Threei}  what kind of music do they intend to sell, I wonder

01[09:58] {@Threei}  monotonous shaman drumming?

01[09:59] {@Threei}  1:3  IWM 

01[09:59] {@Threei}  my a$$ is out

01[09:59] {@Threei}  *(US) JUN IBD/TIPP ECONOMIC OPTIMISM: 47.7 V 46.8E

01[10:00] {@Threei}  *(US) APR FACTORY ORDERS: 0.7% V 0.5%E

01[10:00] {@Threei}  wow

01[10:00] {@Threei}  1:1  EBAY 

01[10:00] {@Threei}  finally

01[10:01] {@Threei}  mrc... do these 3 trades answer your earlier question "what do I do to make money?" :)

[10:02] {Alexs} looks like no :)

01[10:03] {@Threei}  ah well

[10:03] {Alexs} lol

01[10:03] {@Threei}  this is the best I am capable of anyway, so... :)

[10:04] {RonS} wtf?  President Obama announces $1 billion fund for European security

[10:04] {Alexs} you can do more Vad

01[10:04] {@Threei}  IWM 1:5

[10:04] {Alexs} just need to work harder

[10:05] {dino} idcc hl s .00

01[10:05] {@Threei}  yeah Ron... NATO partner reassurance program

01[10:05] {@Threei}  hey, I could use some reassurance. WEhere is my billion?

[10:06] {Alexs} it's there, waiting for you

01[10:06] {@Threei}  but if you think he is delusional, whast do you think of this guy:

01[10:06] {@Threei}  Brussels - NATO Secretary General Anders Fogh Rasmussen said that the alliance still considered Crimea a territory of Ukraine and urged Russia to give the territory back.

01[10:07] {@Threei}  let's ask nemo as specialis... 'shrooms?

01[10:07] {@Threei}  or something stronger?

[10:08] {dino} lad b/s to b/e

[10:11] {Alexs} lol, investors are happy again with AAPL

[10:12] {dino} idcc stop

[10:14] {nemo} what about mushrooms

[10:14] {nemo} ?

01[10:14] {@Threei}  read a line above it?

[10:15] {dino} cov lad .91, +.60

01[10:15] {@Threei}  wtg

[10:15] {nemo} ahhh

[10:16] {dino} idcc last try sm s .14

[10:19] {thomcbell} buying power issue again on my end - anyone else?

[10:19] {dptl} yeah its on and off

[10:20] {dino} cov idcc .90 +.24

[10:26] {dino} idcc hl s .70 stop .01

[10:26] {dino} giii all over the board

[10:27] {nemo} UNP looks short but expensive stock

[10:27] {dino} stop idcc done w/it, too tough

[10:28] {RonS} 5 mil sh short idcc dino

[10:32] {dptl} phh .55 short

01[10:33] {@Threei} Long Setup:  IWM  112 break

01[10:33] {@Threei}  If holds  .90 

[10:36] {RonS} lad all grown up...can't help myself...

01[10:36] {@Threei}  lol

01[10:37] {@Threei}  weven I coulnd't resist earlier

01[10:37] {@Threei}  (not that I tried hard)

[10:40] {dino} giii hl l .53

01[10:44] {@Threei}  no go

[10:49] {dptl} out phh flat

[10:52] {dino} giii stop -.30

[10:57] {RonS} emes gone nuts

[11:03] {dino} thats a crazy one, traded it last week off a 5 pt drop

01[11:08] {@Threei} Long Setup:  P  .50 break

01[11:08] {@Threei}  If holds  .45 

[11:10] {Alexs} two sided P ?

01[11:10] {@Threei}  not sure

[11:11] {Alexs} looks more like short imo

[11:14] {dino} data smr l .75

01[11:19] {@Threei}  valid still

01[11:20] {@Threei}  nah

[11:22] {ese} cya tomorow....it's grad day at my high school

01[11:23] {@Threei}  take care ese

[11:23] {dino} cya

01[11:23] {@Threei}  don't drink too much

01[11:42] {@Threei}  G7 draft communique - Urges Russia to speed up withdrawal of troops from the border and use its influence to quell separatist violence in eastern Ukraine

01[11:42] {@Threei}  lol... why would they do that, they themselves stocked it

01[11:43] {@Threei}  - Syria must continue withdrawing its chemical stockpile. - Want Iran to play a more constructive role in the region, including in Syria. - Concerned about tensions in the East China Sea and South China Sea and oppose any effort to change the status quo in the region. - Political coercion of other countries by using energy supplies is unacceptable

01[11:43] {@Threei}  OK... now that they've ordered everyone around, they can go home

[11:44] {Alexs} rofl

01[11:44] {@Threei}  meanwhile,

01[11:44] {@Threei}  (UR) Ukraine military discloses that separatists have shot down two helicopters today, killing 2 soldiers and wounding more than 40

01[11:44] {@Threei}  Ukraine is going to run out of helicopters pretty soon at this rate

[11:45] {Alexs} lol

[11:46] {Alexs} they use them as expendables

[12:13] {thomcbell} sn 31.85 long break if holding 31.75

[12:15] {thomcbell} sn 1:1

[12:16] {dino} gj

[12:17] {nemo} Nonko having clearing issues again

[12:21] {dino} wrld drop

[12:21] {dino} whz drop

[12:22] {Alexs} IWM long .70?

01[12:23] {@Threei}  nah, will wait for a rinse

[12:25] {Alexs} you mean under .50?

01[12:25] {@Threei}  yup

[12:27] {dino} splk splat

[12:32] {thomcbell} sn hopefully someone did that 

[12:33] {thomcbell} i tried but got buying power error

[12:38] {thomcbell} trn 82.50 short break if holding 82.60 

[12:39] {thomcbell} trn 1:1

[12:40] {thomcbell} trn 1:2

[12:40] {dino} wrld sm l .15 stop lod brk

01[12:49] {@Threei} Short Setup: FB  .60 break

01[12:49] {@Threei}  If holds  .70 

[12:51] {Alexs} stop to .66?

01[12:51] {@Threei}  after .55 break

01[12:51] {@Threei}  which it did while I tyoed

[13:01] {thomcbell} if anyone did trn i would clean it up in here 

01[13:05] {@Threei}  meh

01[13:05] {@Threei}  as nice morning as we had, afternoon is meaningless so far

[13:08] {dino} wrld to .47, hiving it some room

[13:08] {dino} giving

[13:10] {dino} to .97

[13:10] {dino} to .07

[13:12] {dino} to .18

[13:12] {dino} to .35 expectong slip

[13:15] {dino} to .45

[13:19] {dptl} leaving early....see ya tomorrow all

01[13:20] {@Threei}  take care dp

[13:22] {dino} to .55

[13:25] {dino} stalled, tighten to .58

[13:25] {dino} to .64

[13:26] {dino} slipped, as expecte, out .53, +1.38

[13:27] {RonS} took wrld 74.47 to 75.58 +1.11  thanks dino

[13:28] {dino} awesome ron

01[13:32] {@Threei}  wtg

[13:33] {thomcbell} trn 82.10 long break if holding 81.95

01[13:33] {@Threei}  I rarely agree with chinese generals but...

01[13:33] {@Threei}  Washington Times: Chinese general says Obama’s foreign policy has ‘erectile dysfunction’ problems

[13:36] {thomcbell} trn invalidated 

[13:36] {thomcbell} still watching for a long entry 

[13:46] {RonS} between red and blue states?  Wide regional variation expected in new EPA rules: 

[13:46] {RonS} http://bloom.bg/1wYvCGQ  

01[13:50] {@Threei}  I can't help but wonder... if you put a button in front of Obama saying "Dismantle USA," how long will he think before pushing it?

01[13:53] {@Threei} Long Setup:  FB  63 break

01[13:53] {@Threei}  If holds  .90 

[13:56] {Alexs} FB looks two-sided

01[13:59] {@Threei}  hope long triggers... things just don't look right for shorting to me

01[14:00] {@Threei}  and nemo throws heavy things at me when I short

[14:02] {nemo} grind up in process

01[14:02] {@Threei}  right

06[14:11] * @Threei kicks FB in the rear

01[14:11] {@Threei}  .10 break should send it flying

01[14:12] {@Threei}  1:1  

06[14:19] * @Threei kicks FB in the rear with 2x4 endowed with rusty nails

[14:28] {Alexs} you humiliated FB Vad

01[14:29] {@Threei}  let it be a lesson for it

01[14:30] {@Threei}  and others

[14:30] {Alexs} lol you mean Putin?

01[14:31] {@Threei}  no, Ukraine is doing well on its own on that front:

01[14:31] {@Threei}  Ukraine has filed two lawsuits with the European Court of Human Rights (ECHR): Crimea's annexation and Russia's liability to Ukraine, Ukrainian Prime Minister Arseniy Yatseniuk said.

01[14:31] {@Threei}  see? that'll show him

01[14:32] {@Threei}  not one but 2(!) lawsuits

[14:33] {Alexs} lol interesting how long it will take ECHR to make a decision

01[14:34] {@Threei}  even more interesting is, who cares what it decides

[14:34] {Alexs} rofl

[14:34] {RonS} of course they will have to visit to see if it is really true...

01[14:34] {@Threei}  ECHR: Return Crimea back right this moment!

01[14:35] {@Threei}  Russia: oh... ok, I better hurry

[14:36] {Alexs} Yatseniuk will have occasion to travel to Europe

[14:40] {thomcbell} aig quietly at a 52 wk high

01[15:05] {@Threei} Long Setup:  FB  .80 break

01[15:05] {@Threei}  If holds  .70 

01[15:21] {@Threei}  1:1  

[15:36] {dino} zoes drop

[15:41] {dino} true

[15:43] {RonS} dat

01[15:43] {@Threei}  lol

[15:46] {dino} beav spike

[15:46] {dino} smr s .90

[15:48] {RonS} B/E Aerospace Announces the Postponement of its 2014 Annual Stockholders Meeting - BEAV - BoardVote 

[15:48] {dino} cov beav .50, +.40

[15:49] {RonS} widespread thinking is a meeting cancellation means a buyout...

[15:49] {RonS} ...signal

[15:49] {dino} price dropping

[15:49] {RonS} gj

[15:49] {dino} thx

[15:50] {dino} beav smr l .40

[15:50] {dino} damn stopped .20 -.20

01[15:50] {@Threei}  almost 1:2

01[15:50] {@Threei}  and time running out

01[15:51] {@Threei}  taking 1/4 more off

01[15:51] {@Threei}  stop to .84

[15:58] {dino} gn all

01[15:59] {@Threei}  thank you all

01[15:59] {@Threei}  have a good evening, see you tomorrow

June 02 2014

Catch of the Day - nice DBI breakdown for 1:3. Even more pleasant that it followed the 1:2 long on this same P, from .25 to .45

With 1:2, two 1:3ers and some scalps, very nice day even though activity was low.

Session Time: Mon Jun 02 00:00:00 2014
01[09:08] {@Threei}  - ECB source story stated that rate cut into negative territory issue has been 'settled'
01[09:09] {@Threei}  -(GR) German Fin Min Schaeuble: Possible that "Greece might require further aid, of a limited amount"
01[09:09] {@Threei}  lol
[09:09] {dptl} good morning
01[09:10] {@Threei}  dp :)
01[09:10] {@Threei}  -(UK) PM Cameron: UK may leave the EU if JC Juncker becomes the next president of EC
01[09:10] {@Threei}  hmmm... is it personal?
[09:15] {dino} gm
01[09:15] {@Threei}  dino :)
[09:15] {troub} good morning you all
[09:16] {RonS} hi guys
01[09:17] {@Threei}  troub, ron :)
[09:17] {goinshort} morning all
01[09:18] {@Threei}  gs :)
01[09:18] {@Threei}  fish says hello to everyone
[09:19] {Alexs} gm
01[09:19] {@Threei}  alex :)
01[09:19] {@Threei}  he should swim home over the next few days
[09:26] {nemo} makes you wish you had a spear gun
01[09:31] {@Threei} Long Setup:  IWM  113 break
01[09:31] {@Threei}  If holds  .90
01[09:32] {@Threei}  Invalidated
01[09:32] {@Threei} Long Setup:  FB  .25 break
01[09:33] {@Threei}  1:1
01[09:33] {@Threei}  stop .19 if haven't caught exit
01[09:34] {@Threei} Long Setup:  IWM  .90 break
01[09:34] {@Threei}  If holds  .83
01[09:35] {@Threei}  selling isn't done yet
01[09:36] {@Threei} Long Setup:  P  .25 break
01[09:36] {@Threei}  If holds  .18
01[09:42] {@Threei}  1:1
01[09:42] {@Threei}  1:2
01[09:44] {@Threei}  *(US) MAY FINAL MARKIT MANUFACTURING PMI: 56.4 V 56.2E
[09:46] {Alexs} cat long 103?
01[09:47] {@Threei}  SPY us still weak
01[09:47] {@Threei}  is
[09:49] {dino} afsi hl l .55
[09:51] {thomcbell} dino why is it down?
[09:51] {dino} barons article
[09:53] {thomcbell} looks vulnerable
[09:53] {thomcbell} ibd name
01[09:56] {@Threei} Short Setup: P  .32 break
01[09:56] {@Threei}  If holds  .40
[09:56] {dino} stop is set, see what happens
[09:57] {dino} markets feel dead
[09:57] {thomcbell} pva tightening bands here on 1 minute
[09:58] {dino} ll hl l .75
01[09:59] {@Threei}  *(US) APR CONSTRUCTION SPENDING M/M: 0.2% V 0.6%E
01[09:59] {@Threei}  *(US) MAY ISM MANUFACTURING: 53.2 V 55.5E; PRICES PAID: 60.0 V 57.0E
01[10:01] {@Threei}  weather wasn't an issue in Apr mostly, right?
01[10:03] {@Threei} Long Setup:  FB  .70 break
01[10:03] {@Threei}  If holds  .62
01[10:04] {@Threei}  Invalidated
01[10:04] {@Threei}  half out P
[10:04] {dino} april was tough east coast
01[10:04] {@Threei}  stop .36
01[10:05] {@Threei}  1:1
01[10:06] {@Threei}  1:2
01[10:06] {@Threei}  P works on both sides for us today
01[10:07] {@Threei}  1:3
[10:09] {dino} gj
01[10:09] {@Threei}  ty
[10:15] {dino} out afsi .80, +.25
01[10:20] {@Threei}  ese, look dcc please
01[10:24] {@Threei} Short Setup: CAT  .50 break
01[10:24] {@Threei}  If holds  .60
01[10:26] {@Threei}  Invalidated
[10:32] {dino} fldm hl l .78
[10:39] {Alexs} MCD short .20?
[10:39] {dino} data smr l .00
01[10:39] {@Threei}  can't tell
01[10:40] {@Threei}  .25 break is just as valid
[10:40] {Alexs} ok thanks
[10:48] {dptl} is there still issues with nonko execution? ..anyone?
[10:48] {nemo} not here
[10:48] {thomcbell} no problem on my end today
[10:48] {dptl} ok ty
01[10:55] {@Threei}  - As expected, President Obama unveiled proposals to slash carbon emissions for existing power plants. The president promised to use his executive authority propose new EPA rules that would cut carbon emissions from the country's coal fired plants by up to 30% by 2030
01[10:55] {@Threei}  The new rule is expected to be final next year, setting the first national limits on CO2 and bypassing Congress. The proposal would give states some flexibility in meeting the targets.
01[10:56] {@Threei} Long Setup:  BRCM  .40 break
01[10:56] {@Threei}  If holds  .30
01[10:58] {@Threei}  1:1
[10:59] {dino} out ll .15, +.40
01[10:59] {@Threei}  wtg
[11:00] {dino} ty
[11:06] {dino} data to .55
[11:06] {dino} to .60
01[11:06] {@Threei}  1:2
[11:07] {dino} to .65
[11:08] {dino} to .70
[11:08] {dino} oyt .70 data, +.70
[11:08] {dino} out
[11:10] {troub} good one dino
[11:11] {dino} ty
[11:14] {thomcbell} very nice on brcm vad
01[11:15] {@Threei}  ty
01[11:15] {@Threei}  one of those... blast from the past
[11:16] {dino} momo pain again, panw, scty, feye, yy, yelp
01[11:17] {@Threei}  Russia to take measures if NATO militarians come closer to its borders
01[11:17] {@Threei}  well, YELP was kind of created for pain
[11:17] {RonS} lol
01[11:18] {@Threei}  1:3
01[11:18] {@Threei}  out
01[11:19] {@Threei}  ese, you here?
01[11:19] {@Threei}  or in picket line?
[11:21] {dino} lol
[11:22] {dino} out fldm .02, +.24
[11:26] {Alexs} IWM .20 long?
01[11:26] {@Threei}  I think we are in shakeoit time
01[11:26] {@Threei}  would rather hunt for pullback entry
01[11:28] {@Threei}  *ISM OFFICIALLY CORRECTS MAY PMI TO 56
[12:05] {troub} .
[12:09] {RonS} ual uh...flying
01[12:10] {@Threei}  lol
01[12:12] {@Threei}  eBay Inc Launches StubHub Music social network - PandodailyUnlike Facebook, or even the new music-focused MySpace, StubHub is seemingly well positioned to build out a music focused social network. Given its current offering and its close relationship with sister eBay-subsidiary PayPal StubHub has the ability to close the transaction loop like few others. This means the company wont need to rely on modest-by-comparison advertising revenue to justify its social ambitions. In this way, its actually closer to Apples ill-fated Ping platform launched alongside the iTunes store but hopefully with better results.
[12:14] {RonS} whoever wrote that needs to be shot...or at least taught what succinct means
[12:14] {dino} lol
[12:15] {RonS} so, the country that believes in reincarnation has a culture of rape?...what the heck are they thinking?
01[12:16] {@Threei}  trying to test the theory?
[12:17] {nemo} ISM corrected again
01[12:18] {@Threei}  (EU) ECB's Nowoty: A big reason why inflation is low is due to lower oil prices; seeing supply side and demand side impacts on inflation
01[12:18] {@Threei}  oh goodie... now they'll decide to push them higher to reach their inflation target
01[12:19] {@Threei}  but what else do you expect from the bunch of imbeciles who solve their financial crisis by inclusion drug trade and prostitution in GDP
01[12:21] {@Threei} Short Setup: DAL  .60 break
01[12:21] {@Threei}  If holds  .65
[12:22] {nemo} see the high at .70 back on the 20th?
[12:22] {nemo} 28th
01[12:43] {@Threei}  okm this should surely help:
01[12:43] {@Threei}  GR) Greece Govt cabinet said to be rearranged; Finance Minister may be replaced as part of shuffle
01[12:43] {@Threei}  right?
[13:09] {dino} .
[13:09] {RonS} -
[13:09] {dino} more like zzzzzzzzzzzzz
[13:26] {dino} feye hl l .01
[13:36] {nemo} pnc
01[13:41] {@Threei}  wow
[13:41] {Alexs} wow DAL is moving
01[13:41] {@Threei}  DAL might work today, yes - TODAY
[13:41] {Alexs} lol
[13:44] {Alexs} not bad
[13:52] {dino} feye stopped .84 -.17
[13:56] {dino} tgaro drop
[13:56] {dino} taro
[13:57] {dino} partial fill l .60 hooker
[14:01] {dptl} leaving early.....see ya tomorrow all
[14:04] {dino} cya
01[14:04] {@Threei}  take care dp
01[14:47] {@Threei} Long Setup:  GLD  .70 break
01[14:47] {@Threei}  If holds  .60
01[14:50] {@Threei}  so, we have heard these folks crying about low inflation, right?
01[14:50] {@Threei}  World Bank: World-traded food prices rose 4.0% in Q1; First rise since all-time highs in Aug of 2012 - press (update)- Wheat and maize price gains led, rising 18% and 12% respectively.
01[14:50] {@Threei}  what the hell do they want, 25% rise?
[14:52] {Alexs} yeah I don't udersatnd when they say there is no inflation
01[14:54] {@Threei}  because they shaped up the indicators without important components
01[14:54] {@Threei}  or becayse they lie
01[14:54] {@Threei}  or both
01[14:55] {@Threei}  but what else do you expect from the bunch of delinquents that run the whole thing
01[14:56] {@Threei}  I am truly amazed by sheer incompetence, mind-boggling hypocrisy and open lies
01[14:56] {@Threei}  ese... are you here finally?
01[14:58] {@Threei}  Apple Inc Announces new programming language called SWIFT, can run code and produces results in real time
[14:59] {Alexs} looks like investors are not amazed
01[15:00] {@Threei}  investors are deeply confused, and I can't blame them
01[15:00] {@Threei}  Google bulids cars
[15:00] {Alexs} lol
01[15:00] {@Threei}  Amazon buuilds tablets
01[15:00] {@Threei}  Apple creates programming languages
01[15:00] {@Threei}  Ebay sells music
01[15:01] {@Threei}  the day CAT starts breeding butterflies, I retire to a monastery
01[15:02] {@Threei}  what, no bites? CAT? Caterpillar? Butterflies?
01[15:02] {@Threei}  sigh... and I thought it was so clever
[15:02] {Alexs} lol I think it will be most profitable times though
[15:03] {dino} lol
01[15:03] {@Threei}  Alex, don't interrupt my deep sorrow... I mourn my delusion of my own cleverness
06[15:04] * @Threei shows GLD a weapon he is going to use on it if it doesn't go up right now: http://goo.gl/2Wiv0t
[15:06] {Alexs} are those guys from Donetsk?
01[15:06] {@Threei}  yup
01[15:07] {@Threei}  saw the image and remembered our old joke about 2x4 with rusty nails
[15:07] {Alexs} lol
01[15:19] {@Threei}  good masquerading job nemo!
01[15:20] {@Threei}  BC Coroners Service confirms the skull found in a shed in Esquimalt last month is historical, not the result of a recent death.
01[15:20] {@Threei}  thanks for helping me with that body, your skull-aging process does work
[15:28] {nemo} I'm a professional
01[15:29] {@Threei} Short Setup: IWM  .15 break
01[15:29] {@Threei}  If holds  .25
01[15:32] {@Threei}  Invalidated
[15:34] {nemo} mmmhh shorting at 3:30 of late has not been particularly a good idea
01[15:35] {@Threei}  interestingly enough, with low activity the day is nonetheless nicely profitable
[15:36] {Alexs} we can change it quickly
[15:38] {dino} npsp odd
[15:40] {dino} hl l .08
[15:42] {dino} out npsp .42, +.34
01[15:42] {@Threei}  wtg
[15:43] {dino} ty
01[15:43] {@Threei}  GLD stop to .66
01[15:44] {@Threei}  1:1
01[15:45] {@Threei}  those rusty nails work after all
[15:45] {dino} isn't that a drink?
01[15:47] {@Threei}  that too
01[15:47] {@Threei}  imagine this http://goo.gl/2Wiv0t in one hand and a drink with the same name in another
01[15:55] {@Threei}  thank you all
01[15:55] {@Threei}  have a good evening, see you tomorrow
[15:55] {cosmo} are they collecting the rent?
01[15:56] {@Threei}  who?
[15:56] {cosmo} the guy at the door
01[15:57] {@Threei}  rather get rid of squatters
[16:00] {dino} gn all