Market Week Wrap-up

TradeTheNews.com Weekly Market Update: Calm Returns After a Month of Volatility
Fri, 07 Nov 2014 16:08 PM EST

Global equity markets moderated their charge higher this week, flattening out a bit even as the DJIA and S&P500 marked fresh all-time highs. US equities have more than filled the gap left after October's slide, while Europe is just over halfway back. The Shanghai index marked 20-month highs despite some concerning Chinese data. The Chinese manufacturing and services PMIs for October suggested the economic pullback is not over in the middle kingdom, with the services index at a nine-month low and the manufacturing series at a five-month low, although both remain in expansion territory. In the US, elections and the October jobs report were the big themes, while crude prices may have found a short-term floor. In Europe, conflict at the ECB provided entertaining headlines, but Draghi's post-policy meeting press conference offered nothing new. For the week, the DJIA gained 1.1%, the S&P500 rose 0.7% and the Nasdaq added less than 0.1%.

The October US non-farm payrolls total of +214K was slightly less than expected, but the unemployment rate still fell to 5.8% from 5.9% its lowest level since early 2008. Analysts highlight that this is the ninth straight month of +200K payrolls growth, the longest stretch since 1995. The prior September payrolls were revised slightly higher. Note that weekly earnings and hours worked were pretty much unchanged even as unemployment gets closer to full employment around 5.0-5.2%, boosting pressure for Fed rate hikes. Goldman Sachs Chief Economist Hatzius commented that the defects in the report were a signal of how much slack remains in the labor market.

Various Fed officials commented on the road ahead for US monetary policy now that QE had ended and the rate hike guessing game has begun. On the dovish end of the spectrum, new dissenter Kocherlakota reiterated that raising rates in 2015 would be a mistake. Fisher, a hawk, said the FOMC has neutered the "considerable time" concept, and the key indicator for policy remains unemployment. Mester, Plosser's hawkish replacement in Cleveland, said she would have liked the "considerable time" language removed and said the Fed funds rate would be 3.75% eventually. Moderate Bullard said the FOMC has agreed to keep the balance sheet at its current size for now. According to Bullard, the rate lift off will come first and only then will the Fed consider selling off assets in a passive and gradual process.

The Republican Party had a very good night at the polls on Tuesday, easily winning the six seats they needed to take control of the Senate and greatly expanding their majority in the House. This marks the first time the GOP has controlled both houses since 2006. GOP candidates avoided setbacks in all of the key battleground states. President Obama made conciliatory comments about finding areas to cooperate with the GOP, but few expect great things. Various asset classes have reacted to the elections, but none so much as the coal complex. Coal stocks moved up on the news on hopes of favorable treatment from presumed Senate Majority Leader McConnell: Alpha Natural Resources gained 30% through week's end, while CNX was up 5%.

The Russian ruble broke above 45 to the dollar for the first time ever amid plunging oil prices and the Bank of Russia announcing it might use some of its foreign currency reserves or even its gold bullion reserves to pay for imports if Western sanctions over Ukraine continue. The central bank tried to jawbone panicky markets by promising to limit interventions to $350M a day (they have been around $1-2B per day in late Oct/early Nov), and also shifted the free-float corridor. The moves did little to staunch the bleeding and USD/RUB peaked around 48.75. Friday morning saw some firming in the ruble as the central bank declared that it could implement currency interventions at any time without warning.

Crude prices may have found a short-term bottom this week, after WTI futures dipped briefly below the key psychological level of $75 on Monday. There was some commotion after Saudi Arabia adjusted its prices (cut US prices, raised Europe and Asia prices), with January WTI delivery futures moving above December futures, putting the market briefly in contango, although the Kingdom said it was just a regular seasonal adjustment. Later in the week, OPEC reduced its price and demand expectations in the long-term World Oil Outlook. OPEC Chief El-Badri said oil prices had fallen too far in the absence of major changes in fundamentals, claiming that speculation has driven the decline in prices.

October US auto sales came in at the expected pace. Ford's sales were negative for a second month in a row, led lower by declines in truck sales. GM's October US sales were more or less flat, after a big y/y gain in September. Chrysler continues to see booming sales, with the October y/y gain up at a strong, double-digit rate. Toyota, Honda and especially Nissan saw very good US sales growth in the month.

On the M&A front, US digital marketing firm Sapient has agreed to be acquired by Publicis Groupe for $3.7 billion in cash. With the acquisition of Sapient, Publicis says "digital revenues will account for more than 50%," some three years ahead of its 2018 plan. The pharma consolidation dance continues: LabCorp agreed on Monday to buy Covance for about $6.1 billion in cash and stock, taking control of one of the biggest providers of contract medical research.

The dollar strengthened firmly against most major pairs in the week following the end of Fed QE as FX traders talked about yield divergence between the US and the rest of the developed world. The most dramatic moves were against the ruble, although this is admittedly a special case. Some drama at the ECB helped EUR/USD move out to 27-month lows under 1.2400 midweek. Ahead of the ECB rate meeting, a press report citing sources claimed that committee members were planning to challenge President Draghi and critique his leadership style at the governors' dinner on Wednesday. Thursday's press conference was uneventful and Draghi merely reiterated his dovish stance. Draghi indirectly addressed the discord story by highlighting that the council remains unanimous in its commitment to using more unconventional measures (though not necessarily agreeing on which unconventional measure might be used).

The EUR/CHF cross edged closer to the SNB's 1.2000 line in the sand. The weakening euro could very well prompt the SNB to officially intervene for the first time since 2012 to defend its floor. SNB Governor Jordan commented that the upcoming Swiss referendum on gold could make defending the floor defense more difficult. On November 30th, the Swiss will vote in a referendum on a measure to require the bank to build its bullion position up to at least 20% of total assets from 8% today. Given the bank's current $544 billion of assets, it would have to buy at least 1,500 tons of gold to get to the required threshold by 2019.

Trading in USD/JPY pair remained volatile in the wake of surprise BOJ stimulus announcement last week, reaching a fresh 7-year high above 115.50 before coming in toward the low 114 range going into the weekend. South Korea, whose export economy is particularly impacted by the competitive yen weakness, stepped up its jawboning aimed at the Japanese stimulus with intention to "manage KRW moves in line with JPY". Volatility also returned to trading in the Aussie currency, as AUD/USD hit fresh 4-year lows below $0.8650. The Reserve Bank of Australia Quarterly Policy Statement maintained its outlook on growth through 2016, but renewed its attack on the exchange rate and also lowered its forecast for headline inflation for 2014-end and 1H15 by 0.25pts.

The Shanghai Composite traded sideways for much of the week, bumping along 20-month highs around 2,420. The balance of China October PMI data was mixed - HSBC Final manufacturing PMI of 50.4 confirmed a 3-month high, while the official non-manufacturing survey struck a 9-month low. HSBC noted that the "manufacturing sector continued to stabilize in October, however the sequential momentum likely weakened", with property downturn-related uncertainty and slow pace of global recovery justifying further easing measures. The PBoC's Q3 Monetary Policy Implementation Report confirmed a new liquidity tool that siphoned another CNY770B in funds to China's top lenders over the past two months with a 3.5% interest rate. Over the weekend, China Customs Office will post its October trade figures, estimated to show a $42B surplus.

Nov 07 2014

Most of the trades were scalps today, with exception of the last long on FB. Finished positive although nothing significant enough to write home about. 

Session Time: Fri Nov 07 00:00:00 2014
[08:59] {RonS} gm... Ukraine says 32 tanks cross border as tensions intensify http://ow.ly/DXLVL
01[08:59] {@Threei}  ron :)
01[09:00] {@Threei}  that's 32 after last 50, and 80 before that, etc
[09:01] {RonS} sheesh, hi of 70 today, next wed 31... thanks Canada
01[09:01] {@Threei}  dunno what you are on about (whistling and looking aside)
[09:03] {RonS} hehe... really pissed here...hail nicked up my siding so painted the spots, freaking paint doesn't match so now have to paint the whole goddam thing
01[09:04] {@Threei}  yikes
[09:08] {dino} gm
01[09:08] {@Threei}  dino :)
[09:22] {jfjf64} mornin
01[09:23] {@Threei}  jf :)
[09:24] {_jbones} testing.  Anyone here. I dont see anything.
01[09:24] {@Threei}  btw jf... to avoid addressing confusion, if you look at the list you will find that in thw room we have: jb, jg and jw. And then there is jfk
01[09:25] {@Threei}  see anything now?
[09:25] {_jbones} Oh.  There we go.
01[09:25] {@Threei}  :)
01[09:26] {@Threei}  Upside:
01[09:26] {@Threei}  -ECOM +28% (earnings)
01[09:26] {@Threei}  -SHLD +24% (considering REIT conversion for 200-300 stores)
01[09:26] {@Threei}  -RPRX +23% (earnings)
01[09:26] {@Threei}  -AVG +24% (company said to be for sale, has reportedly been approached by buyers)
01[09:26] {@Threei}  -CNET +13% (expands effort in Fujian in conjunction with govt redevelopment action plan)
01[09:26] {@Threei}  -PGNX +10% (earnings)
01[09:26] {@Threei}  -KING +9% (earnings)
01[09:26] {@Threei}  -ZNGA +8% (earnings)
01[09:27] {@Threei}  Downside:
01[09:27] {@Threei}  -SLXP -35% (earnings)
01[09:27] {@Threei}  -MDRX -19% (earnings)
01[09:27] {@Threei}  -ICPT -19% (earnings)
01[09:27] {@Threei}  -UBNT -18% (earnings)
01[09:27] {@Threei}  -ANF -13% (earnings)
01[09:27] {@Threei}  -AVNR -7% (received preliminary FDA feedback on AVP-825 for migraines)
01[09:27] {@Threei}  -FSLR -6% (earnings)
01[09:27] {@Threei}  -RIG -5.4% (delays release of Q3 results)
01[09:27] {@Threei}  -HUM -4.7% (earnings)
01[09:27] {@Threei}  -GIS -4% (lowers FY15 Rev guidance)
01[09:34] {@Threei} Long Setup:  CCL  40 break
01[09:34] {@Threei}  If holds  .90
01[09:37] {@Threei}  1:1
01[09:38] {@Threei} Long Setup:  VXX  .50 break
01[09:38] {@Threei}  If holds  .40
01[09:40] {@Threei}  1:1
01[09:41] {@Threei}  that was nice and timely rug pull
01[09:42] {@Threei}  pure joy to be on the right side of such moves, all the gains and no effort
[09:45] {JoebiWan} shld sheesh
[09:46] {RonS} fast eddie loves putting on a squeeze
[09:47] {dino} dva sm l .02 stop lod
[09:48] {nemo} IWM should go to .20ish
[09:49] {dino} anet smr l .47 wide
[09:51] {dino} out dva .74, +.72
[09:52] {JoebiWan} +.50 anet thnks dino
[09:52] {dino} yw, gj
[09:52] {JoebiWan} and thnks vad for first 2 trades. nicely done
[09:52] {dino} anet=pulp
01[09:53] {@Threei}  yw
[09:57] {JoebiWan} brb
01[09:59] {@Threei} Long Setup:  FB  .60 break
01[09:59] {@Threei}  If holds  .50
01[10:00] {@Threei}  change to .50 break
01[10:00] {@Threei}  If holds  .40
01[10:02] {@Threei}  no go
[10:10] {nemo} QCOM
01[10:10] {@Threei} Long Setup:  TWTR  40 break
01[10:10] {@Threei}  If holds  .90
01[10:11] {@Threei}  1:1
01[10:19] {@Threei}  did it hit 1:2 or was it out of bounds print?
01[10:19] {@Threei}  looked away for a second
[10:20] {RonS} never saw it here
01[10:20] {@Threei}  tail on the chart... erroneous print I guess
01[10:24] {@Threei} Short Setup: DAL  .60 break
01[10:24] {@Threei}  If holds  .70
[10:29] {dino} anet smr l .76
01[10:29] {@Threei}  stop to .66
01[10:31] {@Threei}  1:1
[10:35] {nemo} FB
[10:35] {dino} anet stop .50 -.25
[10:41] {nemo} choppy
[10:41] {Jfjf64} Very
[10:42] {dino} fngn sm l .50
[10:42] {nemo} vwap rejection
[10:42] {nemo} nobody touching that
[10:49] {dino} pcrx smr l .78
[10:56] {dino} anet wants that 74 gap?
[10:57] {RonS} they had a lockup come off...dunno how many shares...
[10:58] {nemo} spy tests pivot twice and then goes to new highs
[10:58] {dino} thx ron, saw that
[10:58] {RonS} anet...hearing 5.5 mil shares
[10:59] {cosmo} sigh...back to the shop...
[11:00] {dino} beat and raise, seems extreme w/lockup
01[11:08] {@Threei} Short Setup: GLD  .80 break
01[11:08] {@Threei}  If holds  .90
01[11:08] {@Threei}  Invalidated
[11:09] {RonS} what bs:  A Republican-controlled Congress may undercut Obama’s dealings with foreign leaders: http://bloom.bg/1GxeBs0
[11:09] {nemo} yeah, they might tell him to stop bending over
[11:10] {dino} anet smr l .75
01[11:11] {@Threei}  speaking if which... with all my jokes about 2 years of golf, he made this same joke himself at that same day
[11:11] {nemo} he's gonna' need a new job in a couple of years, so maybe he's practicing stand-up
[11:12] {RonS} ...but i thought you said bend over...
[11:12] {dino} fngn to b/e
[11:12] {nemo} bull falging again
[11:13] {nemo} flagging
[11:14] {dino} nog drop
[11:14] {nemo} oh gawd, here it comes...
[11:14] {nemo} Ron....dino was your queue
[11:15] {dino} ?
[11:15] {RonS} ok...is its head hurt...
[11:15] {nemo} perfect op for Ronism...nog dropped on it's noggin
[11:15] {nemo} they're u go
[11:15] {nemo} see
[11:15] {dino} ahh, i was talking symbol
[11:15] {nemo} no shit
[11:15] {RonS} lol
[11:15] {RonS} hilarious
[11:16] {dino} guess i'm not paying attention
[11:16] {nemo} wouldn't call that a negative dino
[11:16] {dino} lol
[11:17] {nemo} probably attests to your relative sanity
[11:17] {dino} relative, key word
[11:17] {nemo} something of which neither I nor Ron nor {insert here} can attest
[11:17] {RonS} ture dat
[11:17] {RonS} true
[11:18] {dino} ron getting "street" on us
[11:18] {nemo}  yeah, right wing ghetto grunt........right
[11:18] {nemo} talk about oxymoron
[11:18] {nemo} spy breakout
[11:19] {nemo} break .40 stop .30 Vad?
[11:19] {RonS} ranking w/ the fall of soviet union...unreal the dem reservation AR now has all republican congressmen...
01[11:20] {@Threei}  can't tell really
[11:21] {nemo} just a midterm Ron, there's no huge majority anywhere...
[11:22] {RonS} but they ran this state since the '30's... that's why it's so backward... just like New Mexico
[11:22] {nemo} think how I feel?
[11:25] {dino} indeed nemo
[11:26] {RonS} it was so funny...in my work group...the guy from Mississippi would give shit to the guys from AR about how even MS was superior to them
01[11:29] {@Threei} Long Setup:  VXX  .20 break
01[11:29] {@Threei}  If holds  .14
[11:29] {nemo} think they have to get Qs and IWM back to flat first
[11:33] {RonS} took anet 77.92 to 78.85 +.93 thanks dino
[11:34] {nemo} ahhh 2X4 spread
01[11:34] {@Threei}  valid again
[11:37] {RonS} need a net to trade anet...
[11:39] {dino} fngn stop flat
[11:41] {dino} rinsed
01[11:43] {@Threei}  looks perefect short setup on SPY
01[11:43] {@Threei}  move your butt VXX
[11:46] {Jfjf64} Let's go vex
[11:49] {Jfjf64} What ya using stop
01[11:55] {@Threei}  .11
[11:56] {RonS} wwww dead cat bouncing
01[11:59] {@Threei}  to .14
[12:00] {Jfjf64} Ty sir
01[12:00] {@Threei}  1:1
[12:09] {nemo} STX
[12:13] {dino} fngn l .06
[12:14] {dino} sheesh icpt going to drop 100 pts today
[12:14] {_jbones} Hi Dino.  What would your stop be on fngn
[12:15] {dino} .94
[12:15] {dino} fl
[12:15] {_jbones} thanks
[12:17] {JoebiWan} .10 stx short thanks nemo
[12:20] {dino} wtf fngn
[12:20] {dino} stop
[12:20] {dino} another rinse, adjusting
[12:21] {dino} pcrx to .88
[12:21] {dino} aaarrrgggghhhhhh
[12:22] {dino} !!!!!
[12:23] {dino} jbones hope you didn't stop
[12:23] {dino} out pcrx 87.87, +1.09
[12:24] {dino} wtf fngn, hits my stop and goes .50
[12:24] {JoebiWan} out fngn +.30 100 shrs only
[12:24] {JoebiWan} gj dino
[12:24] {dino} gj
[12:24] {RonS} took pcrx 87.06 to 87.95 +.89  thanks dino
[12:24] {dino} had 1k here so was tight, too tight
01[12:24] {@Threei}  gj guys
[12:25] {dino} gj ron
[12:25] {nemo} real tight stop at lunch, and you can see that support congestion donw to .82
[12:25] {_jbones} I got it Dino.  Thanks for that one.
[12:25] {nemo} 12:06-:09
[12:25] {dino} that pcrx has been pretty consistant lately, buy 86 area and ride
[12:26] {RonS} lottsa pressure in that group today so was a crap shoot...
[12:27] {RonS} slxp spike
[12:31] {RonS} cnq strength on Keystone expectation...
[12:32] {RonS} did i tell you guys the transfer stations went under construction in NE six months a go?
[12:32] {RonS} ago
[12:32] {RonS} actually 4 months
[12:32] {RonS} hired welders out of Denver in JULY
[12:36] {nemo} mmmhhh where's the trailer park girl today?
[12:38] {dino} lol
01[12:40] {@Threei}  decided that 4 days of nemo is her limit? :)
[12:40] {RonS} sheesh sn
[12:41] {nemo} not bad, took you long enough
[12:41] {dino} two trailer park girls walk
[12:41] {dino} 'round the outside...
[12:43] {RonS} poor dumb lab home alone next door going crazy w/ the Mexicans delivering roofing material to top of his house...throw him a burrito for chrissakes...
[12:43] {JoebiWan} i want some M&M's now
[12:44] {dino} joebi gets it
[12:48] {RonS} nuts...daughter gave her mother movie tickets for b-day...now have to go watch some chick flick...ugh... where is censorship when you need it
[12:49] {nemo} aren't u due for a gall stone or somethin'?
01[12:49] {@Threei}  Some of analysts reviewing the developments in Russia/Ukraine war start questioning Putin's sanity, which in turn takes to the matter of nuclear arsenal and world's safety
[12:51] {RonS} health provider selling...hca lh cyh thc
[12:51] {RonS} uhs
[12:51] {RonS} hum
[12:51] {dino} he's sane. figures, "you got it and i want it, taking it until you stop me"
[12:51] {nemo} I'm sure the oligarchs are bullshit
[12:52] {RonS} hls
[12:52] {RonS} wlp
01[12:52] {@Threei}  some of latest developments don't fit into any reasonable line of thinking
[12:53] {nemo} agreed...think that's been an internal opinion for awhile
[12:53] {RonS} lpnt
[12:53] {dino} hls hl l .40
[12:54] {RonS} nemo these on the algo sell?
[12:54] {nemo} no
[12:54] {RonS} pretty coordinated
[12:55] {dino} uhs drop
[12:56] {dino} smr l .14
[12:57] {RonS} good catch all bouncing now
[12:58] {RonS} 'cept wlp
[13:00] {RonS} damn dino gj
[13:00] {dino} out uhs 98.14, +2.00
[13:01] {JoebiWan} hell yeah
[13:01] {dino} giddy-up
[13:01] {JoebiWan} gj
[13:01] {dino} ty, thats what they pay me for
[13:01] {dino} rgls spike
[13:03] {dino} ron, ty, out hls .70, +.30
[13:04] {RonS} np
[13:04] {RonS} don't look uhs
[13:04] {dino} i did
01[13:23] {@Threei}  Nemo defined in English vocabulary: Morose (mo-ro-se)
[13:24] {dino} they can't define nemo
01[13:24] {@Threei}  Nemo, Undefinable
01[13:26] {@Threei} Long Setup:  IWM  .50 break
01[13:26] {@Threei}  If holds  .40
[13:27] {nemo} mmmhhh, I like it short
01[13:28] {@Threei}  because morose?
[13:29] {Jfjf64} Morose
[13:30] {nemo} if you know what nemo means, it makes perfect sense
01[13:31] {@Threei}  it does actually
[13:32] {nemo} yep
01[13:32] {@Threei}  Ron... I'll have to redirect your blame so it's placed where it's due: superstorm from Alaska keeps Canada shivering
01[13:32] {@Threei}  see? you started it
01[13:32] {@Threei}  as in USA
[13:33] {RonS} Palin's fault?
01[13:34] {@Threei}  isn't she off that duty?
[13:41] {dino} palin, ah yes, in levi's for the campaign
[13:46] {nemo} airlines pulling out of Atlantic City
[13:47] {JoebiWan} gdxj?
[13:47] {nemo} looks good
[13:48] {nemo} what's the gdx leveraged long?
[13:50] {JoebiWan} not sure
[13:50] {nemo} not sure or don't know?
[13:50] {dino} dgp
[13:51] {nemo} wow, talk about thin trader
[13:57] {nemo} VXX
[13:58] {Jfjf64} Like morose
[13:59] {RonS} morose code?
[13:59] {RonS} def of nemo w/ an empty bottle...
01[14:04] {@Threei}  lol
[14:07] {Jfjf64} .05 break vex
[14:07] {Jfjf64} Ya lk vg
[14:07] {nemo} you mean vxx?
[14:07] {Jfjf64} Yes
01[14:08] {@Threei}  50/50
01[14:08] {@Threei}  SPY can go eother way easily
[14:08] {dino} airm b/s slipped smr l .08
[14:09] {Jfjf64} That's the problem
[14:09] {Jfjf64} What ya feelin morose
01[14:13] {@Threei}  rather up for SPY
[14:13] {nemo} can make an argument for index shorts now, but such a dull market easy to get jacked
01[14:13] {@Threei}  no... ip
01[14:13] {@Threei}  up
[14:15] {Jfjf64} Try typing with toes vg works better then elbows
01[14:16] {@Threei}  but demands more flexibity'
01[14:17] {@Threei}  SPY .45 break will start upward push
01[14:17] {@Threei}  .35 break will establish downward
[14:17] {nemo} u up me down, means flat
[14:18] {nemo} I'm going long vodka
[14:18] {dino} stopped
[14:18] {dino} airm .74 -.32
[14:22] {nemo} interesting getting this drop but vxx doing zip
[14:25] {dino} another rinse, that sucks
[14:26] {nemo} market frozen since 11
01[14:27] {@Threei}  no news
[14:28] {nemo} a little profit taking into the weekend after a helluva week
01[14:36] {@Threei}  Raven, see dcc pls
[14:41] {dino} pcrx drop
[14:44] {dino} anet smr l .15
02[14:46] * Disconnected
Session Close: Fri Nov 07 14:46:49 2014

Session Start: Fri Nov 07 14:46:49 2014
Session Ident: #discussions
02[14:48] * Attempting to rejoin channel #discussions
03[14:48] * Rejoined channel #discussions
[14:49] {dino} .
01[14:50] {Threei}  brief hiccup
[14:50] {nemo} oh jeez, missed vwap rejection on UNH, how perfect
[14:51] {JoebiWan} too busy being long vodka?
[14:51] {nemo} no, was just looking through some stocks and came across it
[14:52] {nemo} take a look
[14:53] {nemo} also coincided with opening low
[14:54] {JoebiWan} why is vwap so important?
01[14:54] {Threei}  it sounds cool?
[14:54] {nemo} institutions pay traders according to how they trade against vwap
[14:54] {dino} vwr drop
[14:54] {JoebiWan} ty
01[14:55] {Threei}  I like my idea better
[14:55] {nemo} if they want to get into a stock, the more a trader buys below vwap, the higher his commission and vice versa on the sell
[14:55] {JoebiWan} "vwahp" or "veewahp" vad?
[14:55] {nemo} it's a hint that institutions are involved when vwap gets rejected
01[14:55] {Threei}  whoop
[14:55] {JoebiWan} lol
[14:56] {nemo} depends on your accent
[14:56] {nemo} VWOP if you're an italian
01[14:56] {Threei}  vwahp if australian
[14:56] {@RonS} vbomb if you're German
01[14:56] {Threei}  lol
[14:56] {nemo} the other reason some profit taking makes sense is Putin's excursion
[14:59] {nemo} actually no Ron
[14:59] {nemo} VW in german is pronounce Fow Vay so I doubt they'd come up with that
[14:59] {JoebiWan} wie whap
[15:00] {nemo} oh the padawan is hiding something
[15:00] {JoebiWan} was meinst du?
[15:00] {nemo} genau
[15:02] {nemo} Moege di Macht mit dir sein...
[15:03] {nemo} oops...verzeihen Si mir...di=die
[15:03] {nemo} oops Si=Sie
[15:03] {dino} out anet .56, +.41
[15:03] {nemo} ach du lieber Gott!
01[15:04] {Threei} Long Setup:  VXX  .25 break
01[15:04] {Threei}  If holds  .15
[15:04] {JoebiWan} aber immer
[15:04] {nemo} immer was?
[15:05] {JoebiWan} will the force be with me
[15:05] {nemo} interesting...vwap and the open are the proverbial hair apart in spy
01[15:05] {Threei}  and let nemo not to turn out beingyour father
[15:06] {nemo} Empfindlicheit
[15:07] {JoebiWan} forgot the k
[15:07] {nemo} I am unaware of any offspring
[15:07] {nemo} in what?
[15:07] {nemo} ahhh
[15:08] {nemo} o.k.
01[15:08] {Threei}  Invalidated
[15:08] {nemo} was thinking "heit" instead of "keit"
[15:09] {nemo} oh shit, the ex sent me a song
01[15:09] {Threei}  change to .20 break
01[15:09] {Threei}  If holds  .10
[15:09] {nemo} yah indexes look short here
[15:10] {nemo} took .18
[15:10] {nemo} vwap at .29ish
[15:11] {nemo} Hey Padawan, how you with all the den, die, das, die, dem, der, dem, den-stuff?
[15:14] {JoebiWan} not so great
[15:14] {nemo} yeah, when you get two or three adjectives in front of the noun I have issues
[15:15] {JoebiWan} parents moved here in early 80's from east germany...
[15:15] {JoebiWan} I learned both languages at a very early age
[15:15] {dino} where is here?
[15:15] {JoebiWan} utah
[15:16] {nemo} wow, I was in Koeln late 80's spent first few days with a family when they first came from East Germany...it was amazing watching them look at the stores...they couldn't believe it
[15:16] {nemo} partial .28
01[15:16] {Threei}  1:1
[15:16] {nemo} looking for .45
[15:17] {nemo} u Young, Kimball, et al?
01[15:17] {Threei}  jbones, see private message
[15:17] {nemo} stop .19
[15:19] {dino} tcpi drop
[15:24] {JoebiWan} yeah nemo, my parents tell the same stories of grocery shopping in usa for first time
[15:25] {nemo} I made a visit East before the wall came down...it was like going from a color tv to black and white
01[15:28] {Threei}  should have dropped by to USSR, it was like no TV at all
01[15:29] {Threei}  \just a window...with broken glass
01[15:31] {Threei}  ok VXX, let's do it
01[15:31] {Threei}  last run
[15:31] {nemo} stop below vwap
[15:32] {Jfjf64} Good weekend all
[15:33] {nemo} out
01[15:34] {Threei}  take care jf
[15:35] {dino} chrs spike
01[15:42] {Threei} Long Setup:  FB  .45 break
01[15:42] {Threei}  If holds  .38
01[15:42] {Threei}  the very last one
01[15:43] {Threei}  aggressive for .50
[15:44] {nemo} spy going back to vwap
01[15:46] {Threei}  1:1
01[15:51] {Threei}  1:2
01[15:51] {Threei}  close enough considering time
[15:53] {dino} calling it a week, gn all
[15:54] {JoebiWan} out thanks vad!
[15:54] {JoebiWan} whiskey time
[15:54] {JoebiWan} good weekend all
01[15:54] {Threei}  ok guys, thank you all
01[15:54] {Threei}  have a great weekend, see you Nonday
01[15:54] {Threei}  or M\onday

Nov 06 2014

Nice calm profitable day, no fireworks, just solid trades that make it a good working session.


Session Start: Thu Nov 06 00:00:00 2014

[09:12] {dino} gm
[09:12] {RonS} ditto
01[09:13] {@Threei}  dino, ron :)
[09:15] {JoebiWan} mornin
01[09:15] {@Threei}  jw :)
[09:18] {dino} agn spike
[09:19] {dino} vrx drop
[09:23] {Jenh} gm
01[09:23] {@Threei}  jen :)
[09:24] {Jfjf64} Mornin
01[09:25] {@Threei}  jf :)
01[09:25] {@Threei}  Upside:
01[09:25] {@Threei}  -PLNR +74% (earnings)
01[09:25] {@Threei}  -SWIR +20% (earnings)
01[09:25] {@Threei}  -KATE +12% (earnings)
01[09:25] {@Threei}  -COT +12% (acquiring DS Services for $1.25B)
01[09:25] {@Threei}  -ACAS +9.5% (earnings, Board unanimously approved measure to separate into 3 companies)
01[09:25] {@Threei}  -NDLS +9.5% (earnings)
01[09:25] {@Threei}  -WFM +8% (earnings)
01[09:25] {@Threei}  -DRYS +5% (earnings)
01[09:25] {@Threei}  -AGN +3% (spec still in talks with Actavis)
01[09:25] {@Threei}  Downside:
01[09:25] {@Threei}  -SZYM -47% (earnings)
01[09:25] {@Threei}  -SNMX -23% (earnings)
01[09:25] {@Threei}  -GNW -22% (earnings)
01[09:25] {@Threei}  -WWWW -21% (earnings)
01[09:25] {@Threei}  -CSOD -19% (earnings)
01[09:25] {@Threei}  -TNGO -13% (earnings)
01[09:25] {@Threei}  -QCOM -6.8% (earnings)
01[09:25] {@Threei}  -GERN -6% (Imetelsat data concerns from Feuerstein)
01[09:25] {@Threei}  -Z -6% (earnings)
01[09:25] {@Threei}  -LPSN -5.4% (earnings)
01[09:25] {@Threei}  -CF -5.4% (earnings)
01[09:32] {@Threei} Long Setup:  FB  .90 break
01[09:32] {@Threei}  If holds  .80
01[09:33] {@Threei}  Invalidated
01[09:35] {@Threei} Long Setup:  MCD  .75 break
01[09:38] {@Threei}  SPY tripped
01[09:38] {@Threei}  stop to .69
01[09:39] {@Threei}  1:1
01[09:45] {@Threei}  one more SPY pullback, and break to new highs, it looks like
01[09:45] {@Threei} Long Setup:  FB  .70 break
01[09:45] {@Threei}  If holds  .60
01[09:47] {@Threei}  1:1
01[09:49] {@Threei}  1:2
[09:49] {JoebiWan} ty vad
01[09:50] {@Threei}  yw
01[09:50] {@Threei}  1:3
01[09:50] {@Threei}  out
[09:50] {nemo} should go .30ish
[09:53] {Jfjf64} Keep eye dal there is a buyer
[09:53] {dino} pcrx sm l .80 gappy
[09:58] {Jfjf64} .60 dal/.50
01[09:59] {@Threei}  not sure... SPY changed tune
[09:59] {dino} added gnw calls
01[09:59] {@Threei} Long Setup:  VXX  .30 breal
01[09:59] {@Threei}  If holds  .20
01[10:00] {@Threei}  change to .20 break
01[10:00] {@Threei}  If holds  .10
01[10:01] {@Threei}  1:1
01[10:02] {@Threei}  see how DAL would have been a trap?
[10:03] {Jfjf64} Yes
01[10:03] {@Threei}  1:2
[10:03] {Jfjf64} You teacher me JFK
[10:03] {Jfjf64} Jf
01[10:04] {@Threei}  jfk is not bad too
[10:04] {Jfjf64} Not bad
01[10:08] {@Threei}  cosmo found his way back
[10:08] {nemo} wifi at the bar, huh?
01[10:08] {@Threei}  we tried to leave breadcrumbs
[10:09] {dino} out pcrx 88.92, +1.12
[10:10] {JoebiWan} nice job
01[10:10] {@Threei}  wtg
[10:10] {dino} thx
[10:10] {Jfjf64} Wow Dino consistant
[10:10] {Jenh} gj
[10:11] {dino} too soon
01[10:17] {@Threei} Long Setup:  TZA  .85 break
01[10:18] {@Threei}  If holds  .80
[10:21] {cosmo} this full moon is a tough one....
01[10:22] {@Threei}  you are out of silver bullets?
[10:22] {cosmo} waiting for better price
[10:22] {nemo} tough to type with claws and drool all over the keyboard there, cosmo?
[10:23] {cosmo} i see my barber soon
[10:23] {nemo} bring the hedge clippers
[10:25] {cosmo} lost all the email for some reason too
[10:25] {Raven}  {----- circling cosmo
[10:26] {cosmo} maybe they have it back at the shop...
01[10:26] {@Threei}  I stopped visiting my barber after he suggested to test on me his new invention, shaving machine
01[10:27] {@Threei}  razors rotate all around client's face and shave it
[10:27] {cosmo} soothing ey?
01[10:27] {@Threei}  I objected that all faces are different
01[10:27] {@Threei}  he retorted: only before first shave
[10:27] {nemo} Raven awful perky this week, must be off his meds
[10:28] {Raven} careful
[10:28] {Raven} oops ... time for a hike ... bbl
[10:29] {nemo} how far?  as the crow flies, that is?
[10:30] {nemo} I bet you like to drink Ravenswood Vineyards
[10:31] {nemo} whatsa' matter?  hawk got your beak?
[10:31] {RonS} is the horse dead yet?
[10:31] {nemo} time for the necrophelia
[10:31] {Jfjf64} Memo little perky today
[10:32] {RonS} no, didn't get the memo...
[10:32] {nemo} actually, one could argue it's back to normal
[10:32] {nemo} slightly skewed definition of "normal" of course
[10:33] {RonS} normal with alacrity?
[10:33] {Jenh} lol
[10:33] {Jenh} good one ron
01[10:33] {@Threei}  "whatever your normal is"
[10:34] {dino} pdce spike
[10:35] {dino} smr s .70
[10:36] {nemo} Jen...if you look up alacrity, one might find it an inadequate modifier for use with normal
[10:36] {Jenh} i just meant funny reminder from yesterday's convo
[10:37] {Jenh} nothing having to do with definitions or proper english
[10:37] {nemo} yeah, but it encourages him
[10:37] {Jenh} that was the point :)
[10:38] {dino} cov pdce .16, +.54
06[10:38] * nemo puts Jenh on "Disgruntled Postal Worker Fantasy List"
[10:38] {RonS} wouldn't even try this stuff w/o you here Jen...he can be brutal...
[10:39] {Jenh} Jen mails machine gun to herself to surprise postal workers on their own turf and protects Ron
[10:39] {Jenh} :)
[10:39] {nemo} can't mail firearms...UPS only has to go between FFL holders, and in that case Federal CLass III FFL holders
[10:40] {Jenh} Jen orders 3-D printer thru mail and builds plastic machine gun.
[10:41] {RonS} good one
[10:41] {nemo} nah, they haven't got there yet....the sintering process breaks down after a few rounds...single shot guns are still iffy
[10:41] {nemo} good assasin one off, but for supression fire, still a long way off
[10:42] {nemo} matter of fact, just reading about a new steel reinforced round that helps maintain the integrity of the 3D guns so they'll last longer
[10:43] {Jenh} Jen gives up machine gun plot and just mails all christmas presents at once, holding up line at office for hours. Mail people get so frustrated they just turn on themselves
[10:44] {nemo} mmmhhhh....
[10:44] {Jenh} go ahead nemo. your move
[10:44] {nemo} well, I'm not sure where to go with this fantasy of yours
[10:45] {Jenh} :) me neither
[10:46] {nemo} Reminds me of a Jackson Browne show...he and his buddy David Lindley are up there riffing into different keys off the main melody.  Jackson looks at the audience and says, "I have no idea how to get back from here."
[10:47] {nemo} Lindley eventually walked him back
[10:48] {RonS} ndls cooking
[10:48] {nemo} wow
[10:48] {nemo} that's more up Ron's alley
[10:49] {JoebiWan} little early for lunch, no?
[10:49] {nemo} one could argue spy or iwm short here
[10:49] {nemo} not bad padawan
[10:50] {RonS} was wondering...joebi Latin, so pronounce it hoebiwan?
[10:50] {Jfjf64} Entered x 35.16 jumped out 35.41 on vol blowoff candle
[10:50] {RonS} gj
[10:50] {Jfjf64} Wanna shot myself
[10:51] {Jenh} gj
01[10:51] {@Threei}  ask nemo
[10:52] {JoebiWan} i aint no hoe, ron
[10:52] {nemo} I'm a slut
[10:52] {nemo} or was
[10:52] {RonS} oh, hoe k....
[10:52] {nemo} nobody will have me now
[10:52] {nemo} I have to pay
[10:52] {JoebiWan} lol
[10:52] {Jenh} lol
[10:53] {nemo} It's actually much cheaper in the long run
[10:53] {Jfjf64} What's goin on here
[10:53] {RonS} lol
[10:53] {RonS} hey, it's better than reading you signing on and off 15X
[10:53] {Jfjf64} Vg dal at that level keep I
[10:54] {nemo} BadaBing!!!!
[10:54] {dino} pcrx smr l .50
[10:54] {Jenh} lol poor jf
[10:54] {dino} stop .19
01[10:55] {@Threei} Short Setup: FB  .20 break
[10:55] {Jfjf64} Rs don't get lk memo
01[10:55] {@Threei}  If holds  .30
[10:59] {RonS} U.S. Steel calls active on renewed takeover chatter
[11:00] {RonS} AC/DC drummer Phil Rudd charged with attempting to procure a murder
[11:01] {dino} pcrx to .92
[11:01] {dino} to .10
[11:02] {dino} to .20
[11:03] {Jfjf64} Die hoe
[11:03] {dino} to .28
[11:03] {Jfjf64} Sorry Jenny
[11:03] {Jfjf64} Toilet mouth
[11:04] {Jenh} WHOA! I'm not a hoe jf!
[11:04] {nemo} I was thinkin raspizdyi myself
[11:04] {JoebiWan} neither am I
[11:04] {nemo} sad, huh Joebi?
[11:04] {Jenh} saw the second part.
[11:04] {Jfjf64} Fb a hoe
[11:04] {Jenh} nm jf
[11:04] {JoebiWan} yes
[11:04] {dino} out pcrx .27, +.77
[11:04] {JoebiWan} wtg
[11:05] {Jfjf64} Gonna explode
[11:05] {Jfjf64} C/h
[11:05] {dino} ty joeb
[11:05] {dino} 07 fast green
[11:06] {nemo} oh, on hoe note...ex gf coming over tonight, she thinks she might have a new boyfriend soon, so she's coming by one last time....
01[11:06] {@Threei}  no go
[11:07] {nemo} jf, check with Vad on that spelling
[11:07] {JoebiWan} she gonna play with ur bunny?
[11:07] {dino} roflol nemo, tap it
[11:07] {RonS} rotflol Joe
[11:07] {nemo} frankly, I'm a bit cautious
[11:08] {Jfjf64} Dal Fu
[11:08] {RonS} UKRAINIAN ARMY LAUNCHES MASSIVE ARTILLERY ATTACK ON DONETSK
[11:08] {dino} just cover up
[11:08] {nemo} I tended to bring out extremes in her
[11:08] {nemo} I'm still pulling shards of a mug out of the wall
[11:09] {RonS} Rick James, eh?
[11:09] {Jenh} ouch nemo. are u sure she should come over?
[11:09] {Jenh} for your own safety?
[11:09] {nemo} you only live once
[11:09] {Jenh} btw jf, after what i read above u r fine in language. lol
[11:10] {nemo} not really, this room is not the real world. VAD!!!! how do you correctly spell "explode" in here?
[11:10] {nemo} Vad..?
01[11:11] {@Threei}  ikqsploud
[11:11] {nemo} not quite how I remember it, but we'll go with it
[11:11] {dino} anybody trading aside from vad and me?
[11:11] {dino} fnhc drop
[11:11] {nemo} debating on shorting spy here dino
[11:13] {dino} lci drop
[11:16] {dino} f#$k, missed it
[11:17] {RonS} ya, but the daily looks like it could go to $40 easy...
[11:19] {nemo} grind up
[11:19] {dino} subpoena
[11:22] {dino} smr l .55 wide
[11:24] {dino} out lci .95, +.40
[11:24] {Jenh} gj
[11:24] {dino} damn, just spiked a buck
[11:24] {RonS} lol you suck...
[11:24] {nemo} mmmhhh, typical Dino spread
[11:25] {dino} hookers
[11:25] {dino} drop
[11:26] {nemo} VXX
[11:29] {dino} lci app lod
[11:32] {dino} dk lci, if .22 goes it could lose $1 fast
[11:32] {dino} brb
[11:32] {dino} see
[11:33] {dino} 44.70 gap
01[11:34] {@Threei} Long Setup:  DAL  43 break
01[11:36] {@Threei}  change to .95
01[11:36] {@Threei}  If holds  .90
01[11:37] {@Threei}  change to .90
01[11:37] {@Threei}  If holds  .85
01[11:39] {@Threei}  half out
[11:41] {dino} gj
01[11:42] {@Threei}  closed on a trail
01[11:42] {@Threei}  just a bounce scalp
01[11:42] {@Threei}  lunch money
[11:46] {dino} lci smr l .88
[11:46] {dino} out 50.30, +.42
[11:49] {dino} wac, whacked
[11:50] {dino} lci drop
[11:50] {nemo} you been hangin' around Ron too long
[11:50] {dino} lol
[11:50] {dino} arkx drop
[11:50] {dino} akrx
[11:51] {nemo} mmmhhh, well at least I don't need a parachute for this spread
[11:56] {dino} hmmm, thinking nemo does not appreciate my edge
[11:56] {nemo} Oh, I appreciate it very much as you well know, so stop trying to pick a fight
[11:56] {dino} lol
[11:59] {nemo} frankly dino, the time to catch this one was when it approached vwap and then reshort
[11:59] {nemo} a biotech that must have missed a phase trial? no institution gonna' pay up for it above VWAP
[12:00] {dino} which one, lci or akrx?
[12:00] {nemo} akrx
[12:00] {dino} that ship has sailed
[12:00] {nemo} yep
01[12:00] {@Threei} Short Setup: CCL  .25 break
01[12:01] {@Threei}  If holds  .35
[12:07] {nemo} vwpa bounce on ccl
[12:07] {Jfjf64} Vex
[12:07] {Jfjf64} Vxx
[12:12] {dino} taking an break, back in hour
[12:26] {nemo} jen gone jf on us
[12:26] {RonS} lol
[12:36] {nemo} http://goo.gl/alcHRV
[12:38] {nemo} this is setting up for the jobs report tomorrow
[12:53] {Jfjf64} Vg ya sleepin
01[12:53] {@Threei}  yes, why?
[12:53] {Jfjf64} Just checking
01[12:53] {@Threei}  thanls for checking on me
01[12:54] {@Threei}  you see anything moving?
[12:54] {Jfjf64} Dal  x been watching
01[12:54] {@Threei}  pretty much random at the moment
[12:55] {Jfjf64} Yes
[12:55] {Jfjf64} Memo up to date on meds
[12:55] {Jfjf64} Rs not far behind
01[12:56] {@Threei}  DAL has this thing forming:
01[12:56] {@Threei}  .20 break,
01[12:56] {@Threei}  kind of C&H
[12:56] {Jfjf64} Yahoo
01[12:56] {@Threei}  but
01[12:56] {@Threei}  best way to tarde it is probably .10 break
01[12:56] {@Threei}  aggressive entry
01[12:56] {@Threei}  time of the day is not very conducive
01[12:57] {@Threei}  but if you are itching to trade something, this is what I'd do
[12:58] {Jfjf64} Not itchy took shower am
01[12:59] {@Threei}  thatnks for letting us know...
[13:02] {dino} .
[13:04] {Jfjf64} Good football gm tonight
[13:04] {Jfjf64} Browns bengals
[13:04] {dino} ohio match
[13:04] {Jfjf64} Yes
[13:05] {Jfjf64} Brownies been playin good
01[13:06] {@Threei}  btw jf
01[13:06] {@Threei}  I forgot to torture you a bit... you know that we had 1:4 at the close yesterday?
[13:07] {Jfjf64} Seen that
[13:07] {Jfjf64} Thanks for torture
01[13:07] {@Threei}  oh good
01[13:07] {@Threei}  always
[13:07] {Jfjf64} Go bk to sleep
01[13:07] {@Threei}  yes sir
[13:08] {Jfjf64} You hv been very consistant with 1:4
[13:08] {Jfjf64} Late in day
01[13:08] {@Threei}  as dino says... lucky
[13:09] {Jfjf64} Yahoo wants higher
[13:09] {Jfjf64} Looks lk
[13:10] {dino} :)
[13:10] {Jfjf64} On radar
[13:10] {Jfjf64} Quiet without memo
[13:12] {dino} lci smr l .98
[13:13] {dino} echo soike
[13:14] {dino} out lci .38, +.40
[13:15] {JoebiWan} gj
[13:15] {Jfjf64} That was fast
[13:15] {Jfjf64} Gld missed old
[13:17] {dino} lucky
[13:17] {Jfjf64} V
[13:18] {Jfjf64} Half ya luck half vg luck ill be ok
[13:20] {Jfjf64} Good sell lci
[13:21] {dino} yeah
[13:21] {dino} just did my plan, wanted .40 so was hanging out there
[13:22] {Jfjf64} You know what ya lookin for before entry
[13:24] {dino} i won't ebter if i don't think i can get .30 or more
[13:25] {dino} because of type of stocks/spreads i trade, size is smmaller, so need bigger moves. my 1:1 is .30
[13:25] {Jfjf64} Follow
[13:25] {Jfjf64} Million ways to skin cat
[13:28] {dino} correct. find your edge and stick w/it
[13:28] {Jfjf64} Correct
01[13:28] {@Threei}  better yet, find dino's edge
[13:29] {Jfjf64} That's what's great bout room
01[13:30] {@Threei}  it has walls?
[13:30] {Jfjf64} Yahoo
01[13:30] {@Threei}  windows... door... palm tree in a pot
[13:31] {RonS} can learn how to spell and type?
[13:31] {Jfjf64} Ya too funny vg
01[13:31] {@Threei}  that remains very questionable proposition ron
01[13:32] {@Threei}  not many improved here in that regard... many lost whatever skills they used to have though
[13:32] {Jfjf64} Hey RS ya bk thought went to lunch with memo
01[13:33] {@Threei}  one of the most glaring examples is nemo mixing "their/they're/there are" lately
01[13:33] {@Threei}  just imagine my joy slapping him about that
[13:34] {nemo} pizdah
[13:34] {Jfjf64} Lol
[13:34] {nemo} but my russian is so eloquent
[13:35] {Jfjf64} Do you speak Russian Nero
[13:35] {Jfjf64} Nemo
[13:35] {nemo} no just choice words
[13:35] {nemo} I speak German
01[13:35] {@Threei}  curse and prison slang
[13:36] {nemo} right Pahan
[13:37] {Jfjf64} Vol yahoo
[13:37] {Jfjf64} Pickin up
01[13:38] {@Threei} Long Setup:  DAL  .05 break
01[13:38] {@Threei}  If holds  .95
01[13:42] {@Threei}  1:1
01[13:42] {@Threei}  nice and easy
01[13:42] {@Threei}  smooth trade
[13:42] {Jfjf64} Nice
[13:42] {Jfjf64} Lets get hod
01[13:44] {@Threei}  1:2
[13:44] {Jfjf64} Look vol
[13:46] {JoebiWan} do you use limit orders when exiting, vad?
[13:46] {nemo} not always
[13:46] {JoebiWan} when do you?
01[13:47] {@Threei}  mostly
[13:47] {nemo} actually, there's an interesting feature on Logix that allows you to automatically sell half your position at any given point
[13:47] {nemo} uses market
01[13:47] {@Threei}  on thick stocks, yes, I use that one
[13:47] {nemo} he uses limit on entry
[13:47] {JoebiWan} so you're not always getting the true 1:1
01[13:48] {@Threei}  depends on stock's behavior
[13:48] {nemo} sometimes better sometimes worse
01[13:48] {@Threei}  right
01[13:48] {@Threei}  if I really want to secure it I may take .24 instead of exact .25
[13:48] {nemo} as what's his name said in Pirates of the Carribean, "they're more like guidelines
[13:48] {nemo} "
01[13:48] {@Threei}  sometimes if I use that logix feature I get better fill
[13:48] {Jfjf64} Me too
01[13:48] {@Threei}  overall, it rounds up
01[13:49] {@Threei}  lol nemo
[13:49] {nemo} what?
[13:49] {Jfjf64} Ty dal
[13:49] {JoebiWan} so in this case i bought at 43.06. and set sell limit orders at 43.16 43.26 and 43.36
[13:49] {Jfjf64} I'm out
[13:49] {Jfjf64} Gonna kick myself
[13:49] {nemo} let me do it jf
[13:49] {JoebiWan} i guess ill get the feel of what works best...
[13:50] {Jfjf64} Spy gettin hit
[13:50] {Jfjf64} Dal showing strength
[13:50] {nemo} oil
[13:51] {nemo} volume
[13:51] {nemo} at R2 no less
[13:52] {Jfjf64} What's at r2
01[13:53] {@Threei}  1:3
01[13:53] {@Threei}  my a$$ is out
[13:53] {JoebiWan} ty vad
01[13:53] {@Threei}  yw
[13:53] {Jfjf64} Great trade
[14:04] {nemo} indexes look short
[14:08] {dino} lci lod
[14:09] {RonS} Russian capitalism:  You have two cows.  You count them and learn you have five cows.  You count them again and learn you have 42 cows.  You count them again and learn you have 12 cows.  You stop counting cows and open another bottle of vodka.
[14:09] {nemo} DAL bounce territory
[14:09] {JoebiWan} hehe ron
[14:10] {nemo} Oh, they named the new Star Wars movie
[14:11] {JoebiWan} Hoebiewan awakens
[14:13] {_Jenh} i don't know what happened
[14:14] {_Jenh} i can't log in under my id so this is me now
[14:14] {_Jenh} i've multiplied
[14:14] {nemo} well...at least you're not Les
[14:15] {_Jenh} i don't know what that means, but i'll just take it as a good thing :)
[14:19] {JoebiWan} dal short under .30?
[14:19] {nemo} it'll bounce by .20
[14:19] {nemo} see all that support
[14:20] {nemo} not a high probability play imo
[14:20] {JoebiWan} yeah ty
[14:21] {nemo} http://goo.gl/dxjqqS
[14:25] {nemo} alright, got to .17
01[14:31] {@Threei} Long Setup:  CCL  .45 break
[14:32] {nemo} look at that daily
01[14:32] {@Threei}  yup
01[14:32] {@Threei}  iksplozive
01[14:32] {@Threei}  If holds  .35
[14:32] {nemo} make up ur mind
01[14:33] {@Threei}  as if I have what to make up
[14:33] {nemo} idexes
[14:33] {nemo} spy might be ready to come in
[14:34] {nemo} damn
[14:34] {Jfjf64} Easy
01[14:37] {@Threei}  CCL is salmon
[14:37] {JoebiWan} what that mean
[14:37] {_Jenh} thanks 3i!
[14:37] {nemo} need to buy the book padawan
01[14:37] {@Threei}  swims against the current
01[14:38] {@Threei}  I don't even think I wrote about that classification in any, nemo... did I?
[14:38] {nemo} I had to be playing with bunny, should have shorted spy at .90
01[14:38] {@Threei}  seminars and private mentoring
01[14:39] {@Threei}  you've heard that on seminar in Nassau
[14:39] {nemo} yeah, probably just Bahamas while I was hungover
[14:39] {nemo} can't remember if it was in any of the scalping course videos
[14:40] {Jfjf64} Nemo playboy bunny???
[14:40] {nemo} no....bunny
01[14:40] {@Threei}  no
[14:40] {nemo} about 5 years ago my nephew saved a baby rabbit from a cat...it's been a housepet ever since
[14:41] {_Jenh} aw. that's sweet
[14:41] {Jfjf64} Ohh bunny
[14:41] {nemo} We have a little game we play with those short ankle socks...I hold it in front of her face and kinda' toss it towards her.  She rears up on her hind legs and swats it back at me....she'll sit and do that for an extended period
01[14:42] {@Threei}  the only animal world reference in scalping course was, school of fish
[14:42] {_Jenh} awwwww
01[14:42] {@Threei}  which swims across the ocean
[14:42] {nemo} Vad, you got that picture of bunny?
01[14:42] {@Threei}  not sure
[14:43] {_Jenh} nemo, maybe you don't want to tell anymore about bunny
[14:43] {_Jenh} might give the impression that you can be nice. lol
[14:43] {nemo} oh, to animals, absolutely....humans, those vile creatures, totally different story
[14:44] {nemo} Vad email
01[14:44] {@Threei}  jen, just know that if you want to knock him on the floorm leave him unconscioous for hours and hurt badly, it's very simple:
01[14:44] {@Threei}  just call him nice
[14:44] {_Jenh} good to know
01[14:45] {@Threei}  ph god
01[14:45] {@Threei}  hemo, I want to unsee it
[14:45] {nemo} ?
01[14:45] {@Threei}  nemo
[14:45] {nemo} what
[14:45] {nemo} I sent a second one too
01[14:45] {@Threei}  this is alien monster, lol
01[14:47] {@Threei}  ok CCL
01[14:47] {@Threei}  it's time
[14:53] {dino} baba new highs
[14:56] {nemo} as I was saying, still a darling
[14:57] {dino} yeah, so far. holding calls on it from monday, +4 on them
[14:57] {nemo} it's ebay on steroids, should hold up
[14:57] {dino} gut says 120 area by op ex
[14:58] {nemo} yeah, would be measured move from low to breakout
[15:01] {Jfjf64} Yahoo
01[15:02] {@Threei}  man, jbones... missed nicest play on DAL
[15:04] {_jbones} figures.  Thats my luck lol
01[15:04] {@Threei}  :(
01[15:05] {@Threei}  OK CCL... enough of this procrastination
01[15:05] {@Threei}  break and ixploud
01[15:06] {@Threei}  or eeqsplaud... whatever you like better
[15:06] {JoebiWan} that word is a living, changing thing
01[15:07] {@Threei}  that it is
01[15:07] {@Threei}  and I am proud of enabling it to change
[15:07] {nemo} in Vad's hands it's more like cancer
01[15:07] {@Threei}  the best kind of change, one that comes from within
01[15:08] {@Threei}  nemo doesn't understand personal growth
[15:08] {nemo} oh I don't know, I've made some pretty aesthetically pleasing changed to people externally over the years
01[15:08] {@Threei}  neither does he get a conceot of proper hydration
[15:08] {nemo} changes
[15:08] {nemo} as long as the water has at least a 10% alcohol content, no problem
01[15:09] {@Threei}  two Jens
01[15:10] {@Threei}  this works well actually... one of you can push nemo while another trips him
[15:10] {dino} espr drop
[15:10] {Jenh} ha!
[15:10] {nemo} mmmhhh, me and two Jens
[15:10] {nemo} too much material
01[15:10] {@Threei}  oh god, what did I do
[15:11] {Jenh} we will join forces to get u nemo. that's all that will happen
[15:11] {nemo} did I ever tell you about my career as a bouncer at a resort during their singles weekends?
[15:11] {Jenh} no do tell
[15:12] {nemo} nah
[15:12] {JoebiWan} lol
[15:12] {Jenh} ok
[15:12] {nemo} most are clouded in infamy and inebriation...I think the statutes of limitations would be up though
[15:12] {Jenh} was that just to entice me and then take it away?
01[15:12] {@Threei} Long Setup:  IWM  right here
01[15:12] {@Threei}  .27
[15:12] {nemo} no, I had forgotten about it
01[15:13] {@Threei}  If holds  .20
01[15:13] {@Threei}  don't chase, let it pull back couple cents
[15:13] {nemo} setting up the 3:30 run?
01[15:14] {@Threei}  very much so
01[15:14] {@Threei}  bvut should give one last pullback before that
[15:14] {nemo} yeah, that .26 break
01[15:15] {@Threei}  there
01[15:15] {@Threei}  perfect for lower risk entry
01[15:15] {@Threei}  want to keep stops tighter, last hour volatility might increase somewhat
[15:16] {nemo} this is about the jobs report tomorrow
01[15:20] {@Threei}  break of 203 on SPY should set everything in motion
01[15:23] {@Threei}  let's take off hald CCL
[15:23] {Jfjf64} Now we go
01[15:23] {@Threei}  half
[15:23] {nemo} might be DTing
01[15:23] {@Threei}  and trail to .39
01[15:24] {@Threei}  shouldn't... but I prefer to buy some insurance
[15:24] {nemo} don't want to much exposure going into what might be a volatile close
01[15:25] {@Threei}  ekzaqtly
[15:25] {Jfjf64} 203 spy
01[15:25] {@Threei}  1:1  CCL
01[15:25] {@Threei}  stop to .44
[15:26] {Jfjf64} You hv plan vg
[15:26] {Jfjf64} Me like
01[15:26] {@Threei}  man with a plan
01[15:27] {@Threei}  notice, JW.. word "eqzaktly" is no less living and breathing than "eksplozhion"
[15:28] {JoebiWan} I did notice :)
[15:28] {Jfjf64} Well howdy cowboy  it's JFK
01[15:28] {@Threei}  I am that subtle, eh? :)
[15:28] {Jfjf64} Not jw
[15:28] {Jfjf64} Jf
01[15:28] {@Threei}  jf... jf, jw and jfk and three different people
01[15:29] {@Threei}  much like discovery of a soviet citizen who started studying history of communism... "I thought Karl Marx and Friedrich Engels were husband and wife... now I know they were 4 borthers!"
01[15:30] {@Threei}  1:1  IWM
[15:30] {dino} out fxy puts +.40/18% from monday
[15:30] {nemo} should have been Friedrich Teufels
[15:30] {JoebiWan} wtf was that
[15:30] {nemo} holy shit, what was that
[15:30] {nemo} fat finger sell
[15:30] {nemo} just to get auto stops\
01[15:31] {@Threei}  here we go
01[15:33] {@Threei}  A new report released by a Vancouver-area street magazine says the life expectancy of a homeless person is about half that of the average British Columbian.
01[15:33] {@Threei}  duh
[15:33] {nemo} that was DT on SPY
01[15:34] {@Threei}  I could have tolds them that and save money soent on the report to try and help one or two of those homeless
[15:37] {nemo} wow only 78 mil spy volume
01[15:37] {@Threei}  ok, let's rally
01[15:37] {@Threei}  from this fence and till 4 o'clock
01[15:38] {@Threei}  chaeron
01[15:38] {@Threei}  man, you are missing all the fun!
[15:38] {Chaeron} sigh..........
[15:39] {Chaeron} hi all
01[15:39] {@Threei}  hey man
[15:39] {nemo} being a ferryman in Hell is a fulltime job, Vad...
01[15:39] {@Threei}  hehe
[15:39] {Chaeron} I feel exactly the way you put it Nemo. good to see you.
06[15:40] * @Threei trips nemo and pushes him in Chaeron's boat
01[15:40] {@Threei}  here, he is all yours
[15:40] {nemo} Yeah, that'll light a fire under your ass
[15:40] {nemo} I have a yearly pass Vad, you forget...I'm in the soul transition business
01[15:41] {@Threei}  lol
01[15:42] {@Threei}  trail IWM to to .29 now
01[15:42] {@Threei}  let's start tighten things
01[15:42] {@Threei}  and CCL to .48
[15:43] {nemo} IWM shouldn't go under .32
[15:43] {nemo} of course, SPY will have a say in this below 203
01[15:50] {@Threei}  SPY eeksplozhion
[15:50] {nemo} well, if you figure measured move off the V bottom, we have a loooong way to go
01[15:51] {@Threei}  1:2  IWM
[15:52] {dino} gj
01[15:52] {@Threei}  ty
[15:53] {nemo} that SPY high was R2
[15:53] {Jenh} second resistance}
[15:53] {Jenh} ?
[15:53] {Jenh} R2?
[15:53] {dino} yes
[15:53] {Jenh} thnx
[15:54] {dino} jen, freestockcharts.com enter pivot points and vwap
[15:54] {Jenh} oh wow, thank you!
[15:54] {nemo} yes, useful geographical markers
01[15:54] {@Threei}  closed IWM
[15:55] {Jenh} thanks.
01[15:55] {@Threei}  CCL to .49
[15:55] {nemo} I'm trying to convince the Logix developers to create alerts that trigger on proximity to moving averages
[15:56] {nemo} dealing with Israeli's is interesting
[15:56] {Jenh} i thought logix was canadian?
01[15:56] {@Threei}  it's all over the place
[15:56] {nemo} I think they're spread out
01[15:56] {@Threei}  yeah
[15:57] {nemo} I talked to a couple of them...definitely not Canadian
[15:57] {nemo} frickin' Canucks
[15:57] {Jenh} o ok
[15:57] {nemo} Frickin 51st state
[15:57] {nemo} they bendover for the Queen up there
[15:58] {Chaeron} 58th - the prez said we had 57...
[15:58] {nemo} oh yeah, forgot about that
01[15:58] {@Threei}  lol
[15:58] {nemo} good weed
[15:58] {RonS} and send us bad weather
01[15:58] {@Threei}  mine's perfect
[15:58] {Chaeron} lol
[15:58] {nemo} Yeah, Polar Express next week, eh
01[15:58] {@Threei}  roses have new buds
01[15:59] {@Threei}  closing CCL
01[15:59] {@Threei}  time's run out
[15:59] {Chaeron} I was thinking that 3i was commenting on his pharmaceuticals in his last two posts...
01[15:59] {@Threei}  lol
[15:59] {dino} calling it a good day. thx all
[15:59] {RonS} lol...after the hailstorm stripped everything, there has not been a freeze and everything is growing back...roses et al all over
01[15:59] {@Threei}  I'll have to show you the photo from my backyard
01[15:59] {@Threei}  thank you all, have a great evening
01[15:59] {@Threei}  see you tomorrow
[15:59] {Chaeron} Hi dino... sorry I didn't see you. glad you are doing well
[16:00] {Jenh} ty. gn everyone
[16:00] {dino} hey chaeron, lucky day, 6 for 6
[16:00] {nemo} F@#*$& you dino
[16:00] {JoebiWan} thnks see ya
[16:00] {Chaeron} fantastic dino... great job...
[16:00] {dino} don't worry nemo, the trading gods will bring me back down to my ave
[16:00] {JoebiWan} gj dino
[16:01] {dino} ty

Nov 05 2014

Back and forth day that ended on a positive note thanks to concluding FB long for nice 1:4.

Session Time: Wed Nov 05 00:00:00 2014
[09:19] {Jenh} gm
01[09:19] {@Threei}  jen :)
[09:22] {RonS} gm...hey nemo...
01[09:22] {@Threei}  ron :)
[09:22] {nemo} careful
[09:22] {RonS} did i see correctly? gop guv for mass?
[09:23] {nemo} yeah, not unusual...we've elected quite a few RINOs
[09:24] {RonS} discovered a nice little company in Victoria... FSI
[09:26] {nemo} what's best though is the referendum question that rescinded the automatic gas tax hike that supposedly was going to go towards road repair.  Never works that way, and besides, MA pays 2.5X the national average per mile for road construction...wtf
[09:26] {ese} gm
01[09:26] {@Threei}  ese :)
[09:27] {nemo} This is the bluest of blue states though, the governor is just a titular position
[09:27] {RonS} one of many on the udder?
[09:27] {ese} vad nemo ron jenh
[09:27] {nemo} naturally
[09:27] {RonS} was that Big Dig ever completed?
[09:28] {jfjf64} gm
01[09:28] {@Threei}  just imagine how much time obama is going to have for golfing for the next two years
01[09:28] {@Threei}  jf :)
[09:28] {nemo} yep...with problems of course
[09:28] {RonS} US went to the moon in less time...
[09:28] {nemo} well, there were some unexpected and never before dealt with engineering problems
[09:29] {nemo} there was a documentary on the engineering of it
[09:29] {RonS} moonshot never has any of that...
[09:29] {RonS} had
[09:29] {nemo} no unions
[09:29] {RonS} lol
[09:30] {jfjf64} gld smashed
01[09:32] {@Threei} Short Setup: FB  .35 break
01[09:32] {@Threei}  If holds  .45
01[09:33] {@Threei}  no go
[09:33] {dino} gm
01[09:33] {@Threei}  dino :)
[09:34] {nemo} btw...had to go out and get beer for one of my father's recipes.  Couldn't find Guiness, but found Andechser.  If you find it, it's a great example of a Bavarian double dark.  I spent many a day inebriated at the Andechs monastery southwest of Muenchen.
[09:35] {nemo} http://t.co/D9d5gbihiY
01[09:36] {@Threei} Long Setup:  VXX  .30 break
01[09:36] {@Threei}  If holds  .20
01[09:39] {@Threei}  hectic
01[09:40] {@Threei}  1:1
01[09:43] {@Threei}  1:2
01[09:45] {@Threei}  *(US) OCT FINAL MARKIT SERVICES PMI: 51.1 V 57.1E
[09:45] {RonS} chuy spit out
01[09:46] {@Threei}  lol
[09:46] {dino} feye poked
[09:46] {RonS} lol
01[09:46] {@Threei}  15 min in, and you two already outdid yourselves
[09:47] {jfjf64} 1;2 tyu
01[09:47] {@Threei}  closed VXX balance on a trail
[09:47] {dino} athm beat and raised?
[09:47] {jfjf64} hectic 4 sure
01[09:47] {@Threei}  didn't beat
[09:47] {dino} 1 cent
01[09:47] {@Threei}  .27 vs .28E
[09:48] {dino} .27 vs .26 briefing, but whatever
01[09:49] {@Threei}  but there is also this:
01[09:49] {@Threei}  [ATHM] To offer 8.5M ADS shares (6.85M for selling shareholders, company to offer 1.65M)
[09:50] {dino} ok, missed that, won't matter in 3 days
01[09:50] {@Threei} Long Setup:  TWTR  .25 break
01[09:50] {@Threei}  If holds  .15
[09:53] {dino} tnet drop
01[09:54] {@Threei}  no go
[09:55] {dino} tnet smr l .55
[09:58] {jfjf64} mgm .50
01[10:00] {@Threei}  *(US) OCT ISM NON-MANUFACTURING COMPOSITE: 57.1 V 58.0E
01[10:00] {@Threei}  MG{ looks right
01[10:00] {@Threei}  MGM
[10:04] {nemo} so, we have Darth Vad, and JoebiWan the padawan
[10:06] {dino} out tnet .45, +.90
01[10:07] {@Threei}  wtg
[10:08] {Jenh} gj
[10:08] {dino} thx
[10:08] {dino} away drop
[10:08] {Jenh} nemo, had to look up padawan. lol you know your star wars
[10:09] {nemo} yeah, they stole everything from the Chinese
[10:09] {nemo} plus it rhymed...broke through the brain damage
[10:09] {Jenh} :)
01[10:11] {@Threei}  MGM 1:1
01[10:19] {@Threei} Long Setup:  IWM  .45 break
01[10:19] {@Threei}  If holds  .35
[10:19] {nemo} spy looks short
01[10:20] {@Threei}  change to .40
01[10:20] {@Threei}  stop .33
01[10:22] {@Threei}  no go
[10:22] {nemo} SPY couldn't get above VWAP brought indexes down
[10:26] {RonS} on the net:  Look for Obama to go full blown Mussolini now.
[10:26] {nemo} what he and his wife get strung up and the mob pisses on them?
[10:26] {RonS} gonna be a rough two  years...
[10:28] {RonS} taunt the country to I him...
01[10:29] {@Threei} Short Setup: MCD  .57 break
[10:29] {dino} cocky sob had it coming
01[10:29] {@Threei}  If holds  .65
01[10:32] {@Threei}  1:1
01[10:34] {@Threei}  he said it himself: my policies will be on a ballot
01[10:34] {@Threei}  well, people have spoken
[10:34] {jfjf64} nemo nice read spy ty
[10:34] {jfjf64} rode vxx up
[10:35] {jfjf64} ya alright im my book
[10:35] {RonS} who knew Mitch McConnel was married to Lucy Lui?
[10:35] {nemo} ?
[10:35] {jfjf64} when ya said spy looked breakdown'
[10:35] {nemo} I'm talking about Lucy Liu
[10:35] {jfjf64} vxx had entry
01[10:35] {@Threei}  I still don't know that ron
[10:36] {jfjf64} .41
[10:36] {RonS} ...his wife looks like her...
[10:36] {nemo} ahhh...I love lucy liu
01[10:36] {@Threei}  {Lucy Liu} where is that restraining order...
[10:38] {nemo} she looks great considering her age
[10:38] {RonS} hearing Saudi oil pipeline blowup goosing /cl
[10:38] {nemo} yeah, only way they could get prices up
[10:39] {dino} lol
[10:44] {dino} adding athm calls
[10:50] {Jenh} dal
[10:50] {Jenh} sorry. meant to look up
01[10:54] {@Threei} Long Setup:  CAT  .45 break
01[10:54] {@Threei}  If holds  .35
01[10:56] {@Threei}  change to .40
01[11:03] {@Threei}  jf is practicing entry and exit?
01[11:03] {@Threei}  polishing his door opening skills
[11:03] {nemo} tempting...
01[11:05] {@Threei}  meh
[11:08] {Jfjf64} Keep getting knocked off mibit
01[11:08] {@Threei}  install that mirc already
01[11:09] {@Threei}  much better in each and every regard
[11:09] {Jfjf64} Is that on site
01[11:09] {@Threei}  yes
[11:15] {Jfjf64} Down loaded still telling me Microsoft essential blocking content
[11:15] {Jfjf64} Annoying
[11:15] {nemo} can't you set an exception for it in their anti-virus
01[11:17] {@Threei}  can't you just dumop that POS
[11:17] {nemo} yeah, get avg
[11:18] {JoebiWan} I like Avast personally
[11:18] {Jfjf64} Will do
[11:18] {nemo} I like TAS-watch
[11:18] {nemo} works at DOS level under windows
[11:18] {Jfjf64} Will look into memo
[11:18] {Jfjf64} Nero
[11:18] {nemo} ngran.com
[11:19] {nemo} sheesh
[11:19] {Jfjf64} Memo
[11:19] {RonS} lol
[11:19] {Jfjf64} Sheesh
[11:19] {RonS} hilarious
[11:20] {Jfjf64} Typin iPad min
01[11:24] {@Threei}  jf did impossible
01[11:24] {@Threei}  beat me in mistype department
[11:25] {RonS} must be guiness record...
[11:32] {Jfjf64} Spike gld
[11:45] {dino} wow jf
[11:46] {JoebiWan} took athm from 44.61 to 45.61 100 shrs thanks dino
[11:50] {dino} np, great job
[11:51] {nemo} short it here
[11:52] {JoebiWan} cause of vwap?
[11:52] {nemo} yeah stop right above vwap and the whole number
01[11:53] {@Threei} Long Setup:  IWM  .25 break
01[11:53] {@Threei}  If holds  .15
[11:53] {nemo} partial and ride the rest probably to .50ish
[11:55] {dino} it wants 47
[11:55] {nemo} not if institutions don't want to pay above vwap
[11:56] {nemo} volume will drop right off above it
[11:56] {dino} holding my calls
[11:56] {JoebiWan} ill just watch
01[11:57] {@Threei}  I am getting dizzy watching jf's revolving door battle
[11:58] {Jfjf64} Me too
01[11:59] {@Threei}  1:1
[12:00] {dino} nemo, thoughts on baba?
[12:00] {nemo} still the honemoon stage on that one
[12:01] {nemo} 54% sales growth and lower profits....hard to say, but that's one of the new darlings
01[12:01] {@Threei}  1:2
01[12:02] {@Threei}  out in full
01[12:02] {@Threei}  1:3 close enough, and spike was quite fast
[12:02] {Jfjf64} That was nice trade vg
[12:02] {JoebiWan} awesome. ty vad
[12:04] {nemo} there's your target athm
[12:05] {nemo} institutions not gonna' pay up
[12:05] {dino} gj nemo
[12:06] {Jenh} ty 3i!
[12:06] {JoebiWan} did you trade it nemo?
[12:06] {nemo} yeah, small though...frickin' Dino stocks are bad for my heart
01[12:06] {@Threei}  yw
[12:06] {JoebiWan} lol
[12:07] {Jenh} g2g
[12:07] {Jenh} computer crashed
[12:07] {Jenh} gl trading
[12:07] {Jenh} bye
[12:07] {dino} sure, blame dino
[12:08] {Jfjf64} See ya Jenny
[12:08] {nemo} huh? facts is facts
[12:15] {Jfjf64} Vg ya lk fb breakdown .50
01[12:15] {@Threei}  yes
01[12:15] {@Threei}  lol
[12:15] {Jfjf64} Me too
[12:15] {Jfjf64} Lol
[12:15] {JoebiWan} where is the code book for the chat room lol
[12:16] {Jfjf64} Memo holds code book
[12:16] {Jfjf64} Memo
[12:16] {JoebiWan} i didn't get the memo
[12:17] {nemo} vad, just axe him for the day, will ya'?
[12:17] {Jfjf64} Lol
01[12:17] {@Threei}  I can't... he makes my typing look goiod
[12:17] {Jfjf64} Ty
[12:18] {Jfjf64} Tell memo sheesh
[12:18] {Jfjf64} Look ism
[12:18] {Jfjf64} Ism
[12:19] {Jfjf64} I'm sorry
[12:19] {Jfjf64} Iwm
[12:19] {Jfjf64} Great sell at top
[12:20] {dino} lol
01[12:25] {@Threei}  just by a few cents off, yeah
01[12:26] {@Threei}  difficult to gauge last couple cents, but this kind of spikes are rarely sustanable
01[12:28] {@Threei}  btw... is Keystone a done deal now?
01[12:29] {@Threei}  or there are more obstacles to it?
[12:29] {RonS} O
[12:29] {dino} obummer has veto power
01[12:30] {@Threei}  difficult to imagine him abusing it too much...
[12:30] {dino} not so sure, he can be an ass
01[12:30] {@Threei}  if he uses it to stop whatever they do, this will undermine Hillary on the next election
01[12:31] {@Threei}  as public starts percieving this whole thing as "the only way to get things done is to get rid of democratic president as well"
01[12:31] {@Threei}  no arguing about an ass though, lol
[12:31] {dino} tpub drop
[12:39] {Jfjf64} Iwm
[12:39] {nemo} vwap
[12:43] {dino} damn, wanted 14.80s tpub, never got there
[12:45] {dino} 3i, re: your public comment. i really hope that happens
[12:45] {RonS} round 13?
01[12:46] {@Threei}  at least these two years will be long not just for us :)
[12:48] {RonS} 14...
01[12:48] {@Threei}  lol
[12:48] {dino} athm lod
[12:49] {nemo} serious vwap rejection
01[12:58] {@Threei} Long Setup:  IWM  .25 break
01[12:58] {@Threei}  If holds  .15
01[13:06] {@Threei}  man... jf
[13:06] {_jfjf64} yes
[13:07] {_jfjf64} me man
[13:07] {_jfjf64} yes
01[13:07] {@Threei}  you have self-identification crisis
[13:07] {_jfjf64} you
[13:07] {_jfjf64} ya site does
01[13:07] {@Threei}  lol
[13:07] {_jfjf64} lol
01[13:07] {@Threei}  me site good
[13:07] {_jfjf64} downloades micr
01[13:08] {@Threei}  and?
[13:08] {_jfjf64} do I get audio alert
01[13:08] {@Threei}  yes
[13:08] {_jfjf64} send test
[13:08] {_jfjf64} pls
01[13:08] {@Threei} Long Setup:  TEST
01[13:09] {@Threei}  how dos it help you if you are connected via mibbit is beyond me
01[13:09] {@Threei}  see what you did? dino fainted
[13:13] {_jfjf64} .35 rocket
01[13:14] {@Threei}  1:1
01[13:17] {@Threei}  news somewhere
01[13:17] {@Threei}  don't see anything yet
[13:18] {nemo} was seein short setup in spy and fas, just bid pull
[13:24] {nemo} FEYE bounce territory
01[13:24] {@Threei}  jf... you got mirc going?
[13:24] {_jfjf64} yes
01[13:25] {@Threei}  used configurator?
01[13:25] {@Threei}  so log in with it
01[13:25] {@Threei}  why are you still on mibbit?
01[13:29] {@Threei}  ?
01[13:29] {@Threei}  something doesn't work?
[13:30] {jfjf64} will wk on after close
[13:30] {nemo} you're talking about jf, right?
[13:30] {jfjf64} watch it memo
[13:31] {nemo} why?
01[13:31] {@Threei}  just run configurator, it does everything automatically
[13:31] {jfjf64} its askin me to register
[13:32] {nemo} oh, sex offender bureau...
01[13:32] {@Threei}  lol
[13:32] {dino} athm smr l .46 stop .19
01[13:32] {@Threei}  what does?
[13:32] {jfjf64} mirc
01[13:32] {@Threei}  isn't it a free program, with endless trial?
[13:32] {nemo} that's impressive, athm bounced at fib extension
01[13:33] {@Threei}  just got a nag every time you start if if you don't pay
[13:36] {jfjf64} news
01[13:39] {@Threei}  no
01[13:39] {@Threei}  not sure what's happening, quite elaborate rug pulls
01[13:41] {@Threei} Short Setup: FB  .80 break
01[13:41] {@Threei}  If holds  .90
01[13:48] {@Threei}  no go
[13:48] {dino} gild sm l .95
[13:48] {dino} stop lod
[13:50] {dino} stop to b/e
[13:50] {dino} to .15
[13:51] {dino} out gild +.20
[13:51] {Jenh} hi
[13:51] {Jenh} did i miss a lot?
[13:51] {jfjf64} jenny ya back
[13:52] {Jenh} just got off with apple
[13:52] {Jenh} i see "sex offender bureau" listed above so i guess i didn't miss much :)
01[13:53] {@Threei}  rofl
[13:54] {nemo} you have no idea
01[13:54] {@Threei}  jf went through his personal revolving door about 12 times while you were out
[13:54] {JoebiWan} damn f
01[13:54] {@Threei}  I think it's his hobby for today
[13:54] {JoebiWan} fb
[13:54] {Jenh} jf, you're still having comp probs too?
01[13:54] {@Threei}  FB Site may be unblocked during the APEC conference next week; internet censors to lift ban temporarily - China press
[13:55] {nemo} no, he's having JF problems
01[13:55] {@Threei}  anf that's why it went up??
[13:55] {dino} athm rinsed
01[13:55] {@Threei}  shart the living light out of it
[13:55] {Jenh} :)
01[13:55] {@Threei}  short
01[13:55] {@Threei}  yeah, when it comes to technology, jf is epitome of problem
[13:56] {dino} shart? yuk
01[14:03] {@Threei}  dropped as it should
[14:03] {dino} athm wall .40, break trigger
[14:05] {nemo} could argue spy drop here
[14:06] {nemo} finnies look droppish
01[14:07] {@Threei} Long Setup:  FB  .90 break
01[14:07] {@Threei}  If holds  .80
01[14:09] {@Threei}  1:1
01[14:14] {@Threei}  1:2
[14:23] {nemo} vxx might be a long scalp here
01[14:23] {@Threei}  hmmm
01[14:23] {@Threei}  tough call
[14:35] {nemo} yes, not moving with much alacrity
[14:37] {RonS} alas, alacrity not in play... freakin Shakespeare... :)
01[14:37] {@Threei}  lol
[14:37] {Jenh} lol
[14:37] {RonS} sorry, bored...
[14:38] {nemo} It's my uncle's fault
[14:39] {Jenh} y? was ur uncle an english teacher?
[14:40] {nemo} worse
[14:40] {nemo} he was a linguist
[14:40] {Jenh} ic. didn't think it could be worse but u got me.
[14:41] {nemo} Oh yeah, not only would I get vocabulary lists, I'd get them in languages I did not know...
[14:42] {Jenh} yeah, i don't envy u at all with that
01[14:42] {@Threei}  aramean?
[14:42] {nemo} Never forgot when he showed up with a list of "flock collectives"  omfg, that was a tough week
[14:42] {nemo} armenian or aramaic Vad?
01[14:42] {@Threei}  aramaic
[14:42] {Jenh} whoa
[14:43] {RonS} a bunch of sheep?...flock collectives...
01[14:43] {@Threei}  lol
[14:43] {Jenh} lol
01[14:43] {@Threei} Short Setup: FB  .75 break
[14:43] {nemo} yeah, parliament of owls, shrewdness of apes, pod of porpoises, etc.
01[14:43] {@Threei}  If holds  .85
[14:43] {nemo} crash of rhinocerous
01[14:44] {@Threei}  congress of usa?
[14:44] {RonS} internet connections of jf...
[14:44] {nemo} https://en.wikipedia.org/wiki/List_of_collective_nouns_in_English
01[14:44] {@Threei}  lol
[14:44] {Jenh} ouch lol
01[14:45] {@Threei}  troop of baboons... hmmm
01[14:46] {@Threei}  sounds strangely familiar
01[14:47] {@Threei}  murder of crows - something Raven would appreciate?
01[14:47] {@Threei}  1:1
[14:50] {Jenh} apparently someone sent an email that a group of baboons is a "congress", but you're right it is a "troop"
[14:50] {nemo} I think a collective of elected officials should be a plague of senators, and a sewer of representatives
[14:51] {Jenh} would have been funny if congress had been true
01[14:51] {@Threei}  95% of these I never heard applied like this
[14:51] {Jenh} lol
01[14:54] {@Threei}  come on FB, loose .60 and crash
01[14:54] {@Threei}  I mean crrrrrash
[14:54] {dino} poli-tics; many bloodsuckers
[14:54] {dino} any reason fb drop?
01[14:55] {@Threei}  nope
01[14:55] {@Threei}  idiotic spike on non-news
01[14:55] {@Threei}  got sold into
[14:56] {dino} ty
01[14:56] {@Threei}  guess who's on tv
01[14:57] {@Threei}  1:2
[14:57] {dino} whats he doing, scolding the voters
01[14:58] {@Threei}  "I plan to spend every moment of the next two years playing golf best I can"
01[14:59] {@Threei}  "par or under. You'll be rpoud of me"
01[15:08] {@Threei}  (US) President Obama: Have spoken with Senator McConnell and House Speaker Boehner; appreciated the words from McConnell about prospect of working together - press conference
01[15:08] {@Threei}  Boehner: got any news putts?
01[15:09] {@Threei}  McConnell: Yeeeehawww!!
01[15:13] {@Threei} Long Setup:  IWM  .95 break
01[15:13] {@Threei}  If holds  ,85
01[15:17] {@Threei}  nope
01[15:17] {@Threei}  back and forth day
01[15:35] {@Threei} Long Setup:  FB  .55 break
01[15:36] {@Threei}  last try
01[15:36] {@Threei}  If holds  .45
[15:37] {JoebiWan} miners getting hit
01[15:38] {@Threei}  just when goldbugs thought they hit rock bottom
[15:39] {dino} pcrx drop
[15:39] {JoebiWan} i remember a couple years back... all the talk on cara community website
[15:40] {JoebiWan} gold to $3000
01[15:40] {@Threei}  and I told them, under 1L is more like it
01[15:40] {@Threei}  1K
01[15:40] {@Threei}  and they laughed
01[15:41] {@Threei}  no one is laughing anymore over there
01[15:41] {@Threei}  1:1
01[15:43] {@Threei}  1:2
[15:49] {JoebiWan} hold for more than 1:3?
01[15:49] {@Threei}  nah, time's pressing
01[15:49] {@Threei}  out
01[15:50] {@Threei}  1:4
01[15:50] {@Threei}  lol
01[15:50] {@Threei}  while typed it jumped
[15:50] {JoebiWan} i got it haha
01[15:50] {@Threei}  finishing positive thanks to this trade
[15:50] {JoebiWan} ty very much
[15:50] {JoebiWan} vad
01[15:50] {@Threei}  yw
01[15:50] {@Threei}  scratched our way bak in black, lol
01[15:51] {@Threei}  thank you all, have a great evening
01[15:51] {@Threei}  see you tomorrow
[15:51] {JoebiWan} bye
[15:53] {Jenh} bye!
[15:53] {Jenh} gn
[15:56] {dino} gn

Nov 04 2014

Very nice day with solid gains, calm trading without hectic movements. "Another day in the office" type.


Session Time: Tue Nov 04 00:00:00 2014
[09:00] {dino} gm 3i, glad i dumped those kors calls last week
01[09:00] {@Threei}  morning dino
01[09:00] {@Threei}  no kidding
[09:15] {nemo} These guys were an institution on NPR for 25 years and were always hilarious.  You might find there commencement address worth listening to:  http://goo.gl/7xtlih
[09:17] {Jenh} gm
01[09:18] {@Threei}  jen :)
[09:18] {nemo} twtr dropping
[09:19] {Jenh} sad news re car talk
[09:19] {Jenh} they were a great team 
[09:19] {JoebiWan} yup. used to listen all the time
[09:20] {nemo} yeah, makes sense why they stopped it a couple of years ago now
[09:21] {nemo} I didn't realize, when I was standing in Harvard Square, looking up at the window that said "Dewey, Cheatem & Howe" that those were their offices
[09:22] {Jenh} o cool
[09:22] {nemo} Cracked me up, actually made me think of The Three Stooges
[09:23] {ese} gm
01[09:23] {@Threei}  ese :)
01[09:24] {@Threei}  Upside:
01[09:24] {@Threei}  -VSR +10% (awarded $5.1M chemical splash protective suit framework contract from UK Govt)
01[09:24] {@Threei}  -MWW +7% (earnings)
01[09:24] {@Threei}  -THC +4% (earnings)
01[09:24] {@Threei}  -ALLT +3.7% (earnings)
01[09:24] {@Threei}  -WNR +2.8% (earnings)
01[09:24] {@Threei}  Downside:
01[09:24] {@Threei}  -SALE -24% (earnings)
01[09:24] {@Threei}  -HLF -14% (earnings)
01[09:24] {@Threei}  -RMTI -14% (FDA concerned by high dropout rate for the Trimeric studies)
01[09:24] {@Threei}  -S -14% (earnings)
01[09:24] {@Threei}  -KORS -10% (earnings; lowered SSS guidance)
01[09:24] {@Threei}  -CHGG -10% (earnings)
01[09:24] {@Threei}  -PCLN -6% (earnings)
01[09:24] {@Threei}  -REGN -5.6% (earnings)
01[09:30] {@Threei} Short Setup: FB  .20 break
01[09:30] {@Threei}  too fast
01[09:30] {@Threei}  disregard
01[09:31] {@Threei}  lol... 1L1 if you got in on bounce
01[09:31] {@Threei}  1:1
[09:32] {Jfjf64} Mornin
01[09:32] {@Threei}  jf :)
01[09:32] {@Threei}  sheesh TWTR
[09:33] {Jfjf64} Dal
01[09:33] {@Threei} Long Setup:  CCL  .10 break
01[09:33] {@Threei}  If holds  40 
01[09:34] {@Threei}  Invalidated  
01[09:35] {@Threei} Long Setup:  MGM  .65 break
01[09:35] {@Threei}  If holds  .60 
01[09:37] {@Threei}  Invalidated  
01[09:38] {@Threei} Long Setup:  TWTR  .25 break
01[09:38] {@Threei}  If holds  .15 
01[09:39] {@Threei}  1:1  
01[09:39] {@Threei}  1:2  
01[09:40] {@Threei}  going for 1:4
01[09:40] {@Threei}  1:3  
01[09:41] {@Threei}  nope, that's ot
01[09:41] {@Threei}  it
[09:41] {JoebiWan} sweet trade. ty
01[09:41] {@Threei}  yw
[09:41] {nemo} indexes coming in
[09:41] {Jenh} thx 3i!
01[09:41] {@Threei}  SPY rug pull
01[09:42] {@Threei}  yw jen
[09:42] {Jenh} .15!
01[09:43] {@Threei}  Raven is back on his perch
01[09:43] {@Threei}  cosmo is still lost in the cyberspace
[09:43] {nemo} hope he shits on ese
[09:43] {RonS} sheesh
[09:43] {JoebiWan} phaha
[09:44] {ese} whaaaaaaaaa.........wha'd I ever do to you
[09:44] {nemo} you were born
[09:45] {ese} ouch
[09:45] {Raven} lol
[09:45] {ese} greatest saying in the world...."don't get mad...get even"......
[09:45] {nemo} yep...and you've been saying that since I got here
[09:46] {Raven} {--- circling ese
[09:46] {nemo} wow...we got a rise out of Raven
[09:46] {Jenh} nooooo!
01[09:46] {@Threei} Long Setup:  TZA  .70 break
[09:46] {Raven} {--- circling nemo
06[09:46] * nemo loads goose gun
01[09:46] {@Threei}  change to .60 break
01[09:47] {@Threei}  If holds  .55 
[09:47] {nemo} How Raven sees the world: http://goo.gl/5dQFve
[09:47] {Raven} goose this!
[09:47] {ese} lol
01[09:47] {@Threei}  lol
[09:47] {Jenh} lol
[09:47] {nemo} I use motion guided rounds
[09:48] {nemo} they have a 24' proximity trigger, with a 20 yard blast radius
[09:48] {ese} Raven...buddy......we got some business to take of in Boston I can see.......I'll pick you up on the way down.......and ahhhh...lets take care of this sooner than later
[09:48] {Raven} {--- uses drones
[09:49] {Raven} and does not ride in car with Communists
06[09:50] * nemo pees pants
[09:50] {dino} wlk?
[09:50] {RonS} wlk met
01[09:50] {@Threei}  (US) Preview: Nov IBD/TIPP Economic Optimism expected at 10:00 ET
01[09:54] {@Threei}  oversat TZA... .68 - .69 was a good moment to partial out
[09:56] {Jenh} twtr?
[09:57] {Jenh} dal
[09:57] {Jenh} sorry  meant to write twtr but not dal
01[09:57] {@Threei}  numbers in 3
[09:57] {Jenh} ?
[09:57] {Jfjf64} Question my computer not letting me into trading room. Microsoft security essentials blocked content on this website any suggestions I'm on iPad now 
01[09:58] {@Threei}  10:00, a few economic numbers are coming
[09:58] {Jenh} o thx
[09:58] {nemo} I have a suggestion JF:  VODKA
01[09:58] {@Threei}  block microsoft securoty essentials
[09:58] {nemo} yeah, they suck
[09:59] {Jfjf64} Seems like that memo yesterday disaster today starting off
01[09:59] {@Threei}  it blocks mirc??
[09:59] {Jfjf64} Yes vg
[09:59] {Jfjf64} First time
01[09:59] {@Threei}  lol... imbecilic software
[09:59] {RonS} use it here never had a problem...
[10:00] {nemo} it's JF Ron
01[10:00] {@Threei}  *(US) NOV IBD/TIPP ECONOMIC OPTIMISM: 46.4 V 46.5E
01[10:00] {@Threei}  09:00 *(US) SEPT FACTORY ORDERS: -0.6% V -0.6%E
01[10:00] {@Threei}  stop to .57
[10:01] {dino} wlk sm l .51 gappy, wider
[10:03] {jfjf64} nemo if we didn't hv women in room I would tell yo wher to stick ya finger hit not ya nose
06[10:03] * nemo quivers with fear
[10:03] {jfjf64} im back
[10:03] {jfjf64} lol
[10:04] {jfjf64} turned on fire wall
[10:04] {nemo} It didn't work jf
[10:04] {nemo} you're still here
[10:04] {jfjf64} now hv to turn off for logix
[10:04] {jfjf64} lol
[10:07] {nemo} very little on algo so far
01[10:08] {@Threei} Short Setup: FB  .55 break
01[10:09] {@Threei}  If holds  .65 
[10:11] {nemo} volume patterns on spy very weird
01[10:13] {@Threei}  rorshach spots
[10:13] {nemo} it's the numbers of shares being traded, the counts very odd
[10:13] {nemo} the sub 100 odd numbers
01[10:13] {@Threei}  no go
[10:14] {JoebiWan} brb
[10:14] {nemo} IWM leading the way here stealthily
[10:17] {nemo} FB
[10:23] {nemo} wow only 19mil spy volume
[10:24] {jfjf64} what is avg for this time
[10:25] {nemo} hard to say because it rotates, but multiply that by 6.5 and that gives you the day
[10:25] {nemo} put it this way, the last 20 days have seen 173.46 mill, you're headed for about 120 today so far
[10:26] {jfjf64} ty
[10:26] {jfjf64} a lot traders out at the polls
[10:26] {nemo} FB looks short
[10:27] {ese} L kors .90
[10:29] {nemo} FB looks short under .70
[10:29] {nemo} stop would be above .80
01[10:29] {@Threei}  frikin TZA
01[10:30] {@Threei}  self-inflicted wound, shouldn't have to rush to tighten stop
[10:31] {ese} dino you following kors at all
[10:31] {jfjf64} ty nemo
[10:31] {jfjf64} 1:2
[10:32] {jfjf64} lets get to vwap
[10:33] {jfjf64} 1;3
[10:33] {jfjf64} go nemo
[10:34] {nemo} broken clock moment
[10:34] {jfjf64} funny how bounced right off vwap
01[10:35] {@Threei}  watching VXX for pullback entry
[10:35] {jfjf64} lets go vg
[10:35] {ese} there we go.....come on...let the short covering begin
[10:35] {ese} daaaaaaaaaaa
[10:36] {ese} come on kors ya turd
[10:38] {jfjf64} .20 vg wd be nice
[10:38] {ese} kors sell stop .45
[10:39] {ese} stop rather .45
[10:45] {dino} wlk gap fill, may
[10:46] {nemo} HFC
[10:46] {nemo} spready though
[10:47] {ese} Almost stopped …ya two bit no good fur nuttin crawlin lower than a snakes belly in a wagon rut stock ya…..
[10:47] {nemo} relative of yours?
[10:48] {ese} in a manner of speakin
[10:48] {Jenh} lol
01[10:48] {@Threei}  missed VXX... too shallow pullback
[10:48] {jfjf64} yes
01[10:49] {@Threei}  was counting for something under .30
[10:51] {ese} daaaaaa stopped .46 -.44
[10:51] {Jenh} sorry about that ese
[10:52] {dino} wlk sm l .16
[10:52] {ese} not a prob.......dino size shs 400
[10:52] {dino} nxst sm l .00
[10:52] {dino} stop .68
[10:52] {ese} was trying to channel dino but it didn't work.......he closed his mind off to me
[10:53] {dino} sorry ese, sidetracked
[10:53] {ese} lol
[10:53] {Jenh} lol
[10:53] {ese} you watch though.......this is going to bump up to about 70.75 or so........
[10:54] {ese} look at that flippin thing now
[10:54] {Jenh} anyone who plays shares with $1 spreads is probably quite sidetracked :)
[10:55] {dino} ;)
[10:55] {dino} nxst stop -.32
[10:55] {ese} i'm blaming everybody....everywhere....even vads book....when a stock mainlines up against a price like that it's suppose to go up.......and I believed in that book
[10:55] {ese} i'm destroyed
[10:56] {JoebiWan} dino, whats ur stop on wlk?
[10:56] {dino} lod break, only 300
[10:57] {ese} L kors .88
[10:57] {JoebiWan} ok... only 100 shrs here
[10:57] {Jenh} ese, u r right with hors 
[10:57] {Jenh} *kors
[10:57] {dino} if no stop, should do 66+
[10:57] {JoebiWan} ty
[10:57] {ese} tks
[10:58] {ese} i'll be right when this things hits 71.00
[10:58] {dino} jenh,talking to ese did you mean to put a w in front?
[10:58] {Jenh} no!
[10:58] {dino} lol
[10:58] {Jenh} only meant kors. darn spell check
[10:59] {dino} wlk, trades wicked
[11:00] {ese} ohhhh. just noticed the H........lol
[11:04] {ese} dino what da ya think about kors
[11:04] {nemo} looks long
[11:04] {nemo} but seller at 72
[11:04] {dino} buy vwap sell here
[11:04] {nemo} forming C&H
[11:04] {dino} that could be breakout, hihger high
01[11:05] {@Threei} Long Setup:  IWM  .50 break
[11:05] {nemo} as I said, long
01[11:05] {@Threei}  If holds  .40 
[11:06] {nemo} this .50 level resistance for kors
[11:06] {ese} out kors .47 +.60
[11:06] {dino} gj
[11:06] {Jenh} gj
[11:06] {ese} sorry +.59
[11:06] {dino} well then that sucks
[11:06] {Jenh} still great
01[11:07] {@Threei}  lol
[11:07] {dino} :)
[11:07] {ese} ya 3/4 lot to make up for the loss
01[11:07] {@Threei}  don't encourage him jen, 1 cent short today, 2 tomorrow... ina year he will brag about losses
[11:07] {Jenh} lol
[11:08] {ese} excuse me!!!!!  I represent that statement
01[11:08] {@Threei}  Invalidated  
[11:08] {ese} the statement?
01[11:08] {@Threei}  not you ese, IWM
[11:09] {dino} 07 fast scroll red
[11:09] {ese} ya sure......I've heard that one before
[11:09] {nemo} bounce time indexes
[11:10] {nemo} S3 .08 on SPY natural whole number support too
[11:10] {nemo} wouldn't be surprised if they check the other side
01[11:10] {@Threei}  man... cosmo is in tech hell
01[11:10] {@Threei}  bounce is close
[11:11] {ese} i must be missin something....what news came out today that has made the mrkts tank
[11:11] {nemo} well, at least he's not with ese
01[11:11] {@Threei} Long Setup:  IWM  .35 break
01[11:11] {@Threei}  If holds  .25 
[11:11] {ese} huh
[11:11] {RonS} NATO saying Russian troops approaching Ukraine border
[11:11] {nemo} tech hell is better
[11:11] {ese} oh.......ha ha ha........
01[11:12] {@Threei}  approaching? they are inside, lol
[11:12] {dino} all putin needs to do is shut off the gas pipeline and its his
[11:13] {RonS} just posting what crossed news feed for the guy who refuses to read anything then asks what the hell is going on...  :)
01[11:13] {@Threei}  hehe
[11:13] {dino} thanks ron, appreciate it
01[11:14] {@Threei}  not really dino, it's no longer that simple
01[11:15] {@Threei}  1:1  
01[11:15] {@Threei}  his war turned Ukraine into absolute pool of hatred for him and Russia
[11:16] {Jenh} 3i, how did you see this happening?
01[11:16] {@Threei}  turn off gas to Ukraine, they will start siphoning it from european pipe
[11:16] {Jenh} iwm not russia and ukraine
01[11:17] {@Threei}  turn off that, you break all your pobligations and lose trading partners you depend on for survival
01[11:17] {@Threei}  and their economy is at the brink as it is
01[11:17] {@Threei}  I didn't jen
01[11:17] {@Threei}  that's not how I trade
01[11:17] {@Threei}  I don't look in the future, guess or predict
01[11:17] {@Threei}  I simply take valid setups
[11:18] {ese} exactly....thats old news.....Russians have never left Ukraine.....
[11:18] {Jenh} how did you see the set up then because I didn't see anything there
01[11:18] {@Threei}  lose some, win some, but as long as setups are valid, statistically I am ahead
[11:18] {Jenh} what did i miss 
[11:18] {dino} he has a third eye
[11:18] {Jenh} i think this is true
01[11:18] {@Threei}  it's a trend reversal setup, BMR in 111 Trades
[11:18] {nemo} thank god only one mouth
[11:18] {Jenh} thx
[11:19] {Jenh} y can't i read faster
[11:19] {nemo} does your family tree have branches?
01[11:20] {@Threei}  and yes, I do have third eye, but I had the cosmetic surgery to hide it. Double benefit: no one knows I see them through, and I am just a tad less ugly
01[11:20] {@Threei}  no single word nemo
01[11:20] {@Threei}  just don't
[11:20] {nemo} hehehehehehe
01[11:20] {@Threei}  :)
[11:20] {nemo} wow, was just loading the barrel
[11:20] {Jenh} arg it's at the end of the book 
01[11:20] {@Threei}  I could just see him trying to chose from 15 responses
[11:20] {dino} we call it making snowballs
[11:21] {nemo} yeah, that's why I was so slow
01[11:21] {@Threei}  see? third eye
[11:21] {ese} am outta here....wife has made cookies for my calculus class.....don't want to be late
01[11:21] {@Threei}  take care ese
[11:21] {ese} actually....have an interesting story about that class
[11:21] {nemo} hemp cookies?
[11:21] {Jenh} bye ese
01[11:21] {@Threei}  lol
[11:21] {Jenh} lol
[11:21] {dino} cya ese
01[11:22] {@Threei}  ok IWM, let's do it
[11:22] {jfjf64} holding nicely
[11:22] {ese} no not hemp cookies....2 years a go there was a young lady who put in my class and she was from Afghanistan
[11:22] {dino} joebi, wlk
[11:22] {nemo} ahhhh....poppy cookies
[11:23] {ese} she showed me this picture of her in a militia holding an AK47
[11:23] {dino} vwap 66.40
[11:23] {nemo} kors 72 seller came back
[11:24] {ese} My class was her first day in a Canadian school and it just happened to be the day that my wife had made cookies for the class....she couldn't believe it was happening to her
[11:24] {JoebiWan} yeah, didn't trigger my .99 order
[11:24] {dino} thought you had 100
[11:24] {dino} oh, sell you mean
[11:24] {JoebiWan} correct
[11:24] {ese} so...2 years later....she is back in my class and one of the big things she remember was the kindness of my wife
[11:24] {JoebiWan} still holding?
[11:24] {Jenh} aw, ese that's so nice
[11:24] {dino} pretty cool ese
[11:24] {dino} yes
[11:25] {dino} it wants vwap imo
01[11:25] {@Threei}  1:2  
[11:25] {ese} she wrote my wife a note a week ago....it was an awesome note asking very politely if my wife woudl do cokies for them again
01[11:26] {@Threei}  quite a story ese
[11:26] {nemo} http://goo.gl/UcGOqW
[11:26] {Jenh} (can't cry in trading)
01[11:26] {@Threei}  thanks for sharing
[11:26] {dino} s3 ultimate
[11:26] {ese} talk about some of the crap that goes on in this world....there is no way on gods green earth that a 16 year old kid should ever have to have an AK47
[11:26] {dino} for sporting fun
[11:27] {ese} not even
01[11:27] {@Threei}  by the way, speaking of Ukraine... where is Alex?? he owes me a 6-pack
[11:27] {ese} make a great day all...cya tomorrow
[11:27] {dino} cya
[11:27] {Jenh} thx for the story ese. bye
[11:27] {nemo} ese lucky grew up in a greenhouse
01[11:27] {@Threei}  Ukraine's territorial integrity is no more, ad he waged 6-pack of beer of my choice
[11:27] {Jenh} nemo!
01[11:28] {@Threei}  good boy IWM
[11:28] {nemo} what?
01[11:28] {@Threei}  1:3  
01[11:28] {@Threei}  out
[11:28] {Jenh} to say he grew up in a greenhouse
[11:28] {Jenh} after his touching story
[11:28] {nemo} he did, a social greenhouse.
[11:28] {Jenh} i can't...
01[11:29] {@Threei}  actually no, I know for the fact ese used to live is Saskatchewan
[11:29] {nemo} jenh you're about 6 years into a conversation here
01[11:29] {@Threei}  and that's as far from greenhouse as it gets, with exception of Manitoba
[11:29] {dino} and remember jen, nemo and i are trading 3 hours ahead of you
[11:29] {nemo} hahahaha
01[11:29] {@Threei}  lol
[11:30] {Jenh} wait he actually grew up in a greenhouse? i thought this was like when you said i lived in a trailer
[11:30] {nemo} trailer park, double wide
[11:30] {Jenh} sorry if the greenhouse thing was true
[11:30] {RonS} lol
[11:30] {nemo} we all do here
[11:30] {Jenh} ok. but i still don't live in a trailer
[11:30] {nemo} fine
[11:30] {JoebiWan} out WLK +1.00 thanks Dino!!
[11:30] {RonS} flamingo...
01[11:30] {@Threei}  it's nemo jen... all he says you need to divide by 3, or multiply by 3, and you have to guess which case is which
[11:30] {dino} don't think too many traders do live in trailers 
01[11:31] {@Threei}  wtg joebi
[11:31] {dino} joebi, np, gj
[11:31] {nemo} kors treacherous
01[11:31] {@Threei}  hold on, let me show you my house...
01[11:31] {@Threei}  http://www.realitytrader.com/vad/h.jpg
[11:32] {nemo} I can guess
[11:32] {JoebiWan} lol
01[11:32] {@Threei}  with amazing view and very airy
[11:32] {nemo} yep
[11:32] {Jenh} i was just about to say the view is spectacular
[11:32] {nemo} yeah, when he pulls his head out
[11:32] {dino} cmge drop
[11:39] {JoebiWan} do you know where that picture was taken, Vad?
01[11:40] {@Threei}  no :)
[11:56] {nemo} indexes look lower 
[12:01] {dino} out wlk 66.46, +1.30
[12:01] {Jenh} gj
[12:01] {JoebiWan} Nice
[12:01] {dino} ty
[12:01] {nemo} ahhh well, vwap on tap?
[12:15] {dino} agn spike
[12:21] {nemo} SNDK could be a nice short soon
[12:21] {nemo} a bit spready though
[12:35] {nemo} SSO looks short here
[12:36] {JoebiWan} .90 break?
[12:36] {nemo} yep
[12:44] {nemo} sheesh 1:1
[12:44] {nemo} and that's it
[12:44] {nemo} frickin' bull market
[12:44] {jfjf64} don't quit ya day job
[12:45] {jfjf64} common a joke
[12:45] {jfjf64} lol
01[12:46] {@Threei}  hear that sound of rifle racked jf? That's nemo's sense of humor
01[12:47] {@Threei}  he smiles into the laser aim
[12:47] {nemo} nah, I'll wait...up close and personal for jf...I want to hear him breathe
01[12:57] {@Threei} Long Setup:  CAT  .40 break
01[12:57] {@Threei}  If holds  .30 
01[13:04] {@Threei}  1:1  
01[13:10] {@Threei}  1:2  
[13:16] {nemo} VXX
[13:16] {jfjf64} .40
[13:20] {JoebiWan} +.15 vxx thnks
01[13:20] {@Threei}  gj guys
[13:20] {jfjf64} ty nemo
[13:20] {nemo} I would try to hold a piece
[13:21] {Jenh} +.15! ty 3i!
[13:21] {nemo} watch spy, if it can't get above vwap, keep the last piece
01[13:21] {@Threei}  jen :)
[13:21] {JoebiWan} ty vad
[13:22] {JoebiWan} cat
01[13:22] {@Threei}  yw
[13:23] {dino} gj
[13:29] {jfjf64} fb spike
[13:30] {nemo} dino sndk short
[13:32] {dino} lod break maybe
[13:37] {jfjf64} fb 
[13:37] {jfjf64} hod
[13:39] {Jenh} nice call on fb jf
[13:40] {jfjf64} ty
[13:40] {jfjf64} will keep my day job
[13:40] {jfjf64} lol
[13:40] {Jenh} lol
[13:40] {Jenh} pls do
01[13:40] {@Threei}  what is this "job" word you use periodically?
[13:41] {jfjf64} this is not j o b
[13:41] {nemo} it's very unpopular around liberals
01[13:41] {@Threei}  hmmm... I guess I do have something in common with them after all then
[13:42] {JoebiWan} lo
[13:42] {JoebiWan} l
[13:42] {jfjf64} vol fb
[13:54] {jfjf64} vxx
[13:59] {nemo} might bounce here JF
[13:59] {jfjf64} why
[14:00] {nemo} close to open two day vwap
[14:00] {jfjf64} hmm
[14:00] {nemo} iwm @vwap spy @ resistance
01[14:00] {@Threei}  still... looks breakish and rallyish
[14:01] {jfjf64} here comes vol
[14:01] {jfjf64} spy dtop breakdown
[14:04] {jfjf64} in.86
[14:07] {jfjf64} 1;1
[14:09] {nemo} think that was the top for the day
01[14:09] {@Threei}  no way
01[14:10] {@Threei} Long Setup:  IWM  .75 break
01[14:10] {@Threei}  If holds  .68 
01[14:22] {@Threei}  meh
01[14:23] {@Threei}  pains me to say but... nemo was right
[14:23] {nemo} well, maybe not, I said high for the day
[14:24] {nemo} this is bounce area
[14:38] {dino} asps drop
[14:40] {dino} asps sm l .49
01[14:40] {@Threei} Long Setup:  FB  .30 break
01[14:40] {@Threei}  If holds  .20 
[14:41] {nemo} indexes in no man's land
[14:41] {nemo} leaning short though
[14:42] {nemo} 201.10 and swing low here big deal
[14:43] {nemo} oh oh
[14:43] {nemo} roof on spy now 201
[14:51] {nemo} bounce off vwap
01[14:52] {@Threei}  Internationally unrecognised 'elections' held on Nov. 2 in the so-called Donetsk and Luhansk People's Republics (DNR and LNR) have entrenched Russia's annexation of the eastern Donbas region and established a de facto new border with Ukraine.
01[14:52] {@Threei}  and that's far from over, expansion is next
[14:55] {jfjf64} just steped out miss anything
01[14:55] {@Threei}  FB just triggered
01[14:56] {@Threei}  oh, and it's almost "it's barely after halloween and they are putting up Christmas things for sale already" complaints season
[14:57] {dino} xmas this saturday for me on wifes' side
01[14:59] {@Threei}  anyone else is scared to even ask what that means?
[14:59] {nemo} it's Dino
[14:59] {Jenh} that sounds nice dino
[14:59] {RonS} nail on the head...frightens me...
01[14:59] {@Threei}  jen assumes the best as always :)
[15:01] {dino} mother-in-law heads to florida for winter, so we have xmas early for her
[15:01] {RonS} lol...whew...
06[15:01] * @Threei sighs with relief
[15:01] {dino} re:jen, seems like a good egg
[15:02] {jfjf64} fb holdin nice
[15:02] {Jenh} thanks dino
[15:02] {dino} i seem to have froze asps
[15:03] {Jenh} nice that you do that for your mother-inlaw
[15:03] {nemo} somewhat un natural
[15:03] {dino} all of that side of family gets together. good time
[15:03] {dino} trgp drop
01[15:07] {@Threei}  1:1  
01[15:08] {@Threei}  https://pbs.twimg.com/media/B1nrQaoIIAA3YTP.png:large
01[15:08] {@Threei}  scary chart if you are Putin
01[15:13] {@Threei}  1:2  
[15:13] {nemo} elections making it a bit cloudy today
[15:19] {nemo} VXX
[15:19] {Jenh} thx 3i for fb!
[15:19] {jfjf64} bounce
[15:20] {nemo} should be a little buying into the close with elections
[15:20] {JoebiWan} long .70?
[15:21] {nemo} a strong candle here would validate that
[15:21] {dino} strong drink would be better
[15:21] {JoebiWan} sounds good to me
[15:21] {nemo} that's a given
[15:21] {jfjf64} cheers
[15:24] {nemo} nope, looks like running higher into the close
01[15:25] {@Threei}  trying for 1:4
[15:25] {Jenh} wow. darn i got out of fb on last dip
01[15:25] {@Threei}  1:3  
01[15:25] {@Threei}  why? treailing stop wasn't hit
01[15:26] {@Threei}  don't be creative... trading is about following the procedure ina disciplined fashion, not about inventing things on the go
[15:27] {nemo} whoa rug pull.
01[15:27] {@Threei}  if there is a reason to deviate from standard guideline, I'll alert
01[15:27] {@Threei}  otherwise just let things work
01[15:27] {@Threei}  as some wise people say, apply principle Wu Wei
01[15:28] {@Threei}  which is wise speak for non-intrusion
01[15:28] {@Threei}  non-interference
[15:28] {Jenh} sorry. got out when thought a cancel had been a real trade so just took money and ran
01[15:28] {@Threei}  cancel?
[15:28] {Jenh} but got out at 50 so very happy
01[15:28] {@Threei}  out last peice on a trail btw
[15:29] {JoebiWan} ty vad
[15:29] {Jenh} :( i'm still getting used to program 
[15:29] {JoebiWan} good one
01[15:29] {@Threei}  yw
[15:29] {Jenh} my trading system said i was holding when i thought i was out so i just left
[15:29] {Jenh} completely
[15:30] {Jenh} if it's any help i did mostly stick to the system until the program scared me
01[15:30] {@Threei}  I don't get it but then again... there are so many things I don't get :)
[15:30] {Jenh} :)
[15:31] {dino} scared? remember... money lives on the other side of fear
[15:31] {Jenh} but i live here, in fear, constantly :)
[15:33] {Jenh} still i am calmer than i was so i guess that really is saying something
[15:33] {dino} as long as you keep your stops, whats to fear?
[15:34] {Jenh} very true
[15:34] {Jenh} the stops do keep me calmer
[15:35] {JoebiWan} uhhh, ebola, dino
01[15:35] {@Threei}  jen, here is quote from the Techniques of Tape Reading, one of the mantras:
[15:35] {dino} use them and never forget rule #1
01[15:35] {@Threei}  I don’t know what the market will do next. I don’t have to know. I know how I will react to anything the market does. I am confident in my ability to react correctly. I have a strategy that works and the discipline to carry it out. I am independent-minded. I don’t trade to please others. I am self-reliant. I question any trade I take, but I don’t question my ability to make the right decisions. I trade effortlessly and automatically. I manage risk and assume losses. I trust myself.
[15:35] {Jenh} long story short: i always wanted to trade and then i did and lost $1500 in 5 min so i guess i have some residual fear
[15:35] {nemo} wow, you got off cheap
[15:36] {dino} lol, with respect jen, losing 1500 is nothing
[15:36] {jfjf64} exactly
[15:36] {Jenh} thanks 3i! that's a good quote
01[15:36] {@Threei}  there is much more where it came from :)
[15:36] {Jenh} well to me it was like the world had ended for a sec 
[15:36] {jfjf64} don't quitn ya day job
[15:36] {jfjf64} lol
[15:36] {Jenh} thanks guys i really appreciate the encouragement and perspective
[15:37] {Jenh} thnx. will stay in 
[15:37] {jfjf64} GO SLOW
01[15:37] {@Threei}  what is that day job you speak of with such reverence
[15:37] {dino} trading
[15:37] {jfjf64} lol
[15:37] {JoebiWan} can someone help me with my fear?
[15:37] {nemo} well, we know jf isn't a gigolo
[15:37] {dino} joebi, use the force
[15:37] {nemo} nor a rocket sccientist
01[15:37] {@Threei}  ok, one more:
01[15:37] {@Threei}  Fear of Trading, Hesitating to Pull the Trigger
01[15:37] {@Threei}  Trading is a game of probabilities. I don’t have to be right every time. I just have to follow my rules. I know my system works. Every trade is either a profit or a stop. Any given trade is not of significance. The results over a certain time period are what matter. Trading within my proven system puts the odds on my side. I have to play to allow opportunities to materialize. I know I can trade by my rules. All I do is react to signals— a signal to enter and a signal to exit—that are generated by my system. They take me in and out with no hesitation. I can observe the market and emotionally detach from it. Any stock movement is simply numbers that change following certain patterns. I know how to read those patterns. I am totally focused on what the market is telling me. I can hear it and react to it.
[15:38] {dino} joebi, try using hard stops
[15:38] {JoebiWan} i fear running out of booze
[15:39] {dino} oh, well, try buying in volume
[15:39] {JoebiWan} lol
01[15:39] {@Threei}  Sam Club might help?
[15:39] {nemo} oh gawd....I have to go get Guiness for one of my father's recipe's...he only needs one bottle...
[15:40] {jfjf64} watchin vxx
[15:40] {JoebiWan} not in Utah... state run liquor stores
[15:40] {nemo} ahhhh the Mormon mafia
[15:40] {jfjf64} spy break vwap
[15:40] {dino} i like guiness
[15:40] {JoebiWan} correct, nemo
[15:40] {dino} actually, i pretty much like all beer
[15:41] {nemo} Never read the book of Mormon
[15:41] {JoebiWan} i read it when i need to fall asleep
[15:45] {jairoc17} Hi, what is a good broker for someone who is not US resident and lives in aruba?
01[15:45] {@Threei}  FB is trying again but we are pretty much at the eod
01[15:45] {@Threei}  if you had not enough yet and want to get really grteedy, try .60 break
[15:45] {nemo} wish we were at eo ese
01[15:46] {@Threei}  jairoc, http://www.realitytrader.com/laser.html
01[15:46] {@Threei}  fill the form, they'll get basck to you with all the information
[15:46] {nemo} hate him already
[15:47] {JoebiWan} why, cause he lives in Aruba? lol
[15:47] {nemo} yep
[15:47] {nemo} I basically hate everybody though
[15:47] {nemo} like bunny
[15:48] {jairoc17} Thanks
[15:48] {nemo} yw
[15:48] {jfjf64} good night all
01[15:49] {@Threei}  take care jf
[15:49] {nemo} day job jf?
01[15:49] {@Threei}  lol
[15:49] {Jenh} bye jf
[15:49] {dino} cya
[15:49] {jfjf64} you bet
[15:49] {JoebiWan} nice day, TY everyone
01[15:49] {@Threei}  yw
[15:49] {dino} gj
[15:49] {Jenh} bye joebi
[15:50] {Jenh} i think i might go too
01[15:50] {@Threei}  who took FB, feel free to take scalp
[15:50] {Jenh} thanks everyone for today's trading and therapy session
[15:50] {Jenh} really appreciate it!
01[15:50] {@Threei}  thank you all, have a good evening
[15:50] {dino} lol, gn jen
[15:50] {Jenh} gn
01[15:50] {@Threei}  see you tomorrow

[15:57] dino out asps .76, +.27