Friday, November 14, 2014

Nov 14 2014

About flat day, with low activity and August-like afternoon.



[09:06] {dino} gm
01[09:07] {@Threei}  dino :)
[09:16] {JoebiWan} gm
01[09:16] {@Threei}  jw :)
[09:20] {Jenh} gm
01[09:21] {@Threei}  jen :)
[09:24] {RonS} gm
01[09:25] {@Threei}  ron :)
01[09:26] {@Threei}  Upside:
01[09:26] {@Threei}  -GERN +35% (announced partnership with Jannsen to develop & commercialize Imetelsat)
01[09:26] {@Threei}  -TUBE +15% (earnings)
01[09:26] {@Threei}  -BHI +5.5% (confirmed preliminary talks with HAL)
01[09:26] {@Threei}  -WB +4% (earnings)
01[09:26] {@Threei}  -JWN +3% (earnings)
01[09:26] {@Threei}  -P +5% (CEO insider buy)
01[09:26] {@Threei}  Downside:
01[09:26] {@Threei}  -ABGB -60% (issued clarification related to corporate bond accounting concerns)
01[09:26] {@Threei}  -MOV -22% (earnings)
01[09:26] {@Threei}  -DGLY -17% (earnings)
01[09:26] {@Threei}  -YOD -17% (earnings)
01[09:26] {@Threei}  -ENLK -6% (priced 10.5M shares at $28.37/shr)
01[09:26] {@Threei}  -PBR -5.5% (S&P concerns over Brazil rating; lower than expected Brazil numbers; continuing concerns over the Presidency stance towards business in general)
01[09:26] {@Threei}  -NOK -4.5% (FY15 guidance)
[09:28] {jfjf64} morning all
01[09:28] {@Threei}  jf :)
[09:29] {nemo} HAL
01[09:32] {@Threei} Short Setup: P  .10 break hl
01[09:32] {@Threei}  If holds  .20 
01[09:33] {@Threei}  nope
01[09:33] {@Threei}  jumpy
01[09:34] {@Threei} Short Setup: TWTR  .80 break
01[09:34] {@Threei}  If holds  .90 
01[09:34] {@Threei}  Invalidated  
01[09:36] {@Threei}  valid again
01[09:37] {@Threei}  and invalidated again
[09:37] {nemo} twtr being a woman today
[09:38] {nemo} up down, up down, up down....sheesh
[09:39] {nemo} look @ twtr on the daily gonna be tough to guage
[09:40] {nemo} gauge
[09:40] {nemo} gage
[09:40] {nemo} gaje
01[09:40] {@Threei} Short Setup: P  .60 break hl
01[09:40] {@Threei}  If holds  .70 
[09:40] {jfjf64} twtr back to 75.00
[09:40] {Jenh} i think twitter heard u say the woman coment, nemo, and decided revenge
[09:41] {nemo} yep...as I said, acting like a woman
01[09:43] {@Threei}  still nit ready, P
[09:43] {nemo} women of latin or mediterranean descent are very dangerous
[09:43] {jfjf64} fb
01[09:47] {@Threei} Long Setup:  WMT  .20 break
01[09:47] {@Threei}  ugh, late
[09:48] {Jenh} wmt
[09:48] {Jenh} sorry 
01[09:48] {@Threei}  on pullback maybe
01[09:48] {@Threei}  in
01[09:48] {@Threei}  If holds  .10 
01[09:54] {@Threei}  ok WMT... it's time
[09:54] {jfjf64} that wd be nice
01[09:54] {@Threei}  iegsplaude
[09:54] {nemo} they run great zoos
01[09:54] {@Threei}  *(US) NOV PRELIMINARY UNIVERSITY OF MICHIGAN CONFIDENCE: 89.4 V 87.5E
[09:55] {JoebiWan} free to visit too
[09:55] {dino} lol
[09:55] {nemo} yeah, just shower and de-louse when u get home
01[09:55] {@Threei}  that's in US only
01[09:55] {@Threei}  nothing even close in canadian ones
[09:55] {dino} yeah, when feeling bad, hit a walmart, will make you appreciate what you have 
[09:56] {nemo} yeah, makes you wonder why anthropologists have such a hard time finding the "missing link"
01[09:56] {@Threei}  lol
01[09:56] {@Threei}  1:1  
[09:56] {Jenh} lol
01[09:56] {@Threei}  finally
[09:56] {nemo} IWM low is the weekly pivot
[09:58] {nemo} you know what's great about good vodka: goes down like water.  You know what's bad about good vodka: goes down like water.
[09:58] {jfjf64} so true nemo
01[09:58] {@Threei}  1:2  
[09:58] {JoebiWan} yeah lol
[09:59] {nemo} whoa...a drinking mormon?
[09:59] {JoebiWan} not religious
[09:59] {nemo} vodka can be very spiritual
01[09:59] {@Threei}  much better than Russia, full of drinking morons
[09:59] {nemo} Like those mornings praying to the porcelain god
01[09:59] {@Threei}  1:3  
[09:59] {JoebiWan} lol vad
[09:59] {JoebiWan} ty wmt out
01[10:00] {@Threei}  yw
01[10:00] {@Threei}  out too
01[10:00] {@Threei}  .55'
[10:01] {JoebiWan} brb
[10:02] {nemo} what did I say now?
[10:03] {nemo} green side filling out on algo,
[10:07] {nemo} not a single red stock
01[10:09] {@Threei} Short Setup: MCD  .75 break
[10:10] {nemo} SNDK looks long abouve .30
01[10:10] {@Threei}  If holds  .85 
[10:11] {nemo} getting spready
01[10:12] {@Threei}  no go
[10:15] {nemo} AAPL dragging indexes up
[10:15] {jfjf64} lookin for twtr bounce
[10:15] {jfjf64} .60
[10:17] {jfjf64} 1;1
[10:18] {jfjf64} 1;2
[10:19] {jfjf64} 1;3
[10:19] {jfjf64} 1.4
[10:19] {jfjf64} out
01[10:19] {@Threei}  wtg
[10:19] {Jenh} gj jf!
[10:19] {dino} sstk smr l .00 - pulp
[10:19] {jfjf64} good teacher
[10:25] {nemo} aapl 
[10:31] {jfjf64} gld
[10:32] {nemo} aapl having troubles with .70
[10:32] {dino} sstk turns into opposite of pulp, dead
[10:32] {dino} jf gj
[10:32] {nemo} so beat to a "pulp"
[10:32] {jfjf64} ty
[10:33] {jfjf64} gld dtop dint set up too quick
[10:35] {nemo} BBRY
[10:37] {jfjf64} guess gld was trigger on pull bk.50 break
[10:39] {jfjf64} bbry long here nemo ya like
[10:40] {nemo} actually want to see what it does if it get's back to 11.80
[10:40] {nemo} it's Blackberry, it's had a run, so thinking time to come in
[10:41] {nemo} I mean, c'mon...it's a frickin' CANADIAN company!!!
[10:41] {jfjf64} look twtr pullbk 
[10:41] {jfjf64} bounce
[10:41] {jfjf64} pullbk /bounce
[10:41] {nemo} omfg...
[10:42] {fish_49} Love u too
[10:42] {nemo} smells like Korean sea food in here
[10:42] {fish_49} Sashimi and Tofu
01[10:42] {@Threei}  hey fish
[10:42] {RonS} hi gill...
[10:42] {fish_49} Hey Vad
[10:42] {fish_49} Rons
[10:42] {jfjf64} hey fish
[10:42] {jfjf64} jf here
[10:42] {fish_49} jf
01[10:43] {@Threei} Long Setup:  VXX  29 break
01[10:43] {@Threei}  If holds  .90 
[10:44] {JoebiWan} out sstk +.70 thx dino
[10:45] {jfjf64} yikes
[10:47] {dino} joe, yw, gj
01[10:47] {@Threei}  Invalidated  
[10:50] {jfjf64} look this wmt
01[10:50] {@Threei}  was worth second entry, eh?
01[10:50] {@Threei}  same trigger as first time, .20
[10:50] {jfjf64} yes
[10:51] {jfjf64} look that
[10:51] {jfjf64} nemo fault
01[10:51] {@Threei}  whose else
[10:51] {nemo} bbry couldn't get above .70
[10:54] {jfjf64} p made push up
[10:55] {fish_49} Good Night all... can't keep eyes open
01[10:55] {@Threei}  take care fish
[10:55] {RonS} fish can close eyes?
01[10:56] {@Threei}  with fins?
[10:57] {jfjf64} vxx time
[10:57] {jfjf64} ?
[10:57] {nemo} short maybe
[10:58] {JoebiWan} my thought too
[10:58] {JoebiWan} DBI
[10:58] {jfjf64} I lk .90 break
01[10:59] {@Threei}  two-sided
[10:59] {jfjf64} yes
[11:00] {jfjf64} mkt seems top heavy
[11:04] {dino} alny smr l .07
01[11:09] {@Threei}  still valid
[11:10] {jfjf64} .92
01[11:11] {@Threei}  SPY H&S
[11:16] {jfjf64} die mkt
[11:17] {jfjf64} use .90as support be ok
[11:28] {JoebiWan} ok now die spy
01[11:29] {@Threei}  get deader
01[11:30] {@Threei}  1:1  
01[11:30] {@Threei}  crrrash
01[11:33] {@Threei}  sigh
[11:37] {nemo} BABA
[11:42] {RonS} ccs hl .87 dr. stock
[11:48] {nemo} http://goo.gl/sus2P2
[11:48] {RonS} terrible....janitor!!!
[11:50] {nemo} Kardashians are harbingers of the coming Apocalypse
[11:50] {RonS} how would they know?
[11:51] {nemo} they wouldn't
[11:51] {RonS} have no idea what a harbinger is...
[11:51] {RonS} probably thinks it is someone who goes to the salon a lot...
[11:52] {RonS} jf = kard fan?
[11:54] {Jenh} ewwwwwww! y?
[11:55] {Jenh} (pic, not jf)
[11:56] {RonS} President Obama rejects arguments in favor of Keystone XL pipeline: http://bloom.bg/1BpoWWK
[11:58] {RonS} U.S. Navy deploys first laser weapon in the Persian Gulf: http://bloom.bg/1oWrnur  
[11:59] {dino} cool
[12:00] {RonS} been in development since the '70's...probably deployed in space in the '90's...
[12:01] {Jenh} twtr JBE?
01[12:02] {@Threei}  yes, but needs to consolidate with .90 as support
[12:11] {dino} value added call of the day, asps downgraded to sell by compass point. this today, after asps has dropped 22 points in last two days
[12:13] {nemo} finnies look weak, could take everything with it
[12:16] {nemo} BABA broke higher
01[12:46] {@Threei}  The second reading of European Q3 GDP data confirmed that growth is nowhere to be seen on the continent, although the prelim German Q3 GDP q/q reading rose to +0.1% from -0.2% in the advance reading. US indices have been choppy in the first 1.5 hours of trading.
[12:58] {nemo} P
01[13:00] {@Threei} Long Setup:  VXX  29 break
01[13:00] {@Threei}  If holds  .90 
[13:03] {Jenh} testing
[13:03] {Jenh} can u guys see me?
[13:04] {nemo} of course not, we're in a text environment
[13:04] {cosmo} i don't have that feature
[13:04] {nemo} you blonde Jen?
[13:04] {Jenh} (face palm) thanks
[13:04] {Jenh} nope, brunette
[13:05] {nemo} so much for the stereotype
[13:05] {Jenh} your looking at someone else's screen
[13:05] {nemo} oh gawd, she has the disease
[13:05] {Jenh} wait what?
[13:06] {nemo} homonymistic dislexia
[13:06] {Jenh} my computer is slow i just saw your comment on stereotypes }:(
[13:06] {Jenh} that was an angry face :) didn't work out
[13:06] {nemo} sure it's the computer?
[13:07] {Jenh} you're hilarious :)
[13:07] {nemo} P
[13:07] {nemo} interesting, most people say to me, "you're an asshole"
[13:08] {Jenh} that's not nice of them, but i'm definitely not shocked. lol
[13:08] {RonS} rotflol
01[13:08] {@Threei}  lol
[13:08] {nemo} well, when you've been at it 5+ decades, you tend to collect accolades
01[13:08] {@Threei}  good to see that credits are given where they are due
[13:10] {Jenh} what computer brands do you guys have? i have a horrible mac
[13:10] {nemo} I built mine
[13:10] {Jenh} oh 
[13:10] {nemo} Vad built his
[13:10] {Jenh} nm then
[13:11] {nemo} it's pretty easy actually
01[13:11] {@Threei}  well...
01[13:11] {@Threei}  it took considerable research
[13:11] {cosmo} i had mine built in a clone shop
[13:11] {Jenh} i got the mac bc it was supposed to be user friendly 
[13:11] {Jenh} pc's were too much hassel for me
[13:12] {Jenh} i doubt building one would be something for me :)
[13:13] {Jenh} oh everyone had one built?? maks sense 
[13:14] {Jenh} wow . it took two minutes for that to go through 
[13:15] {Jenh} i have to go 
[13:15] {nemo} checkout newegg.com or tigerdirect.com get an AMD 6 or 8 core, 
[13:15] {nemo} should be cheap
[13:15] {Jenh} thanks everyone !
[13:15] {Jenh} oh thanks nemo
[13:15] {RonS} cya jen
[13:15] {Jenh} bye! gn!
[13:20] {nemo} quite the bounce in gld today
[13:30] {dino} jen pc here, 3 of them
[13:31] {RonS} she's gone
[13:31] {dino} damn dial up modem
01[13:31] {@Threei}  lol
[13:38] {RonS} lol... Old Navy says no extra profit in women's plus-size jeans despite $15 markup: http://bloom.bg/1EF3iKA 
[13:38] {dino} something extra in those jeans
[13:39] {RonS}  BREAKING: U.S. House of Representatives passes bill to approve Keystone 252-161
01[13:39] {@Threei}  Senate will too I guess
01[13:40] {@Threei}  veto is obama's last refuge?
[13:40] {nemo} yeah, but will Obama sign it
01[13:40] {@Threei}  I am not sure he will go for veto
01[13:41] {@Threei}  creating situation where irritated electorate feels that the only way to get things done is to have president going along with both chambers will reflect badly on Hillary's chances
[13:41] {dino} he won't veto it
01[13:42] {@Threei}  dems themselves might tell him "go play golf for two years, just don't lead the situation into complete crash for us"
[13:47] {Raven} he'll veto it ... he is a pathological personality ... he does not give a rat's ass about fellow dems, about the party, or about the country
[13:48] {Raven} his personal agenda is all that he cares about
01[13:48] {@Threei}  he is all that but these two years is about his legacy... does he want to go in histiry as president that left his party in total political wilderness for many years?
[13:49] {dino} lets hope so
[13:49] {nemo} they won't be in political wilderness for long
[13:49] {Raven} his legacy is Obamacare and open borders
[13:49] {RonS} wants the legacy that he was the first Communist to occupy the office...
[13:49] {nemo} the structural issues in the economy are bigger than either party
01[13:49] {@Threei}  he has Clinton as example of handling this situation right and remainign quite popular figure
[13:49] {nemo} what?  a hummer from an intern?
[13:50] {Raven} he hates Clinton
01[13:50] {@Threei}  well, part of it, sure :)
[13:50] {Raven} and visa versa
01[13:50] {@Threei}  I guess we will find ouit soon enough... when does this bill go to senate?
[13:50] {dino} nemo, hummres are nice to receive
[13:51] {nemo} ya' know dino, even a bad one is a good one
[13:51] {dino} vad, next week i think bill goes
[13:51] {Raven} sheesh
[13:51] {nemo} well, except for teeth
[13:51] {nemo} and braces
01[13:51] {@Threei}  ok, so couple weeks from now to obama's desk?
[13:51] {nemo} poor Raven, his females have beaks
[13:51] {dino} y
[13:51] {RonS} oof...lol
[13:51] {Raven} beak this!
[13:51] {JoebiWan} he gets peckers
01[13:51] {@Threei}  great... not too long to see how it turns out
01[13:52] {@Threei}  just imagine screams everywhere that he allies with Russia, venezuela and Iran who want this bill betoed :)
01[13:52] {@Threei}  b=v
[13:53] {Raven} he does not care
[13:53] {nemo} P looking short again
[13:55] {JoebiWan} gdxj at hod
[13:58] {JoebiWan} long .41
[13:59] {JoebiWan} out .51
[14:11] {dino} slaw day
[14:11] {dino} slow too
01[14:12] {@Threei}  coleslaw
[14:13] {dino} mmmmmm
01[14:13] {@Threei} Short Setup: SLW  .20 break
01[14:13] {@Threei}  If holds  .30 
[14:14] {dino} put that in your head, slw (slaw)
01[14:14] {@Threei}  I guess
[14:30] {nemo} for you thin trader junkies, fas looking long
[14:45] {dino} back in 30
[14:57] {JoebiWan} did you stay in SLW?
01[14:57] {@Threei}  yes...
01[14:57] {@Threei}  but mostly by accident
[14:57] {JoebiWan} same.. 
01[14:57] {@Threei}  lol
[14:57] {JoebiWan} good accident
01[14:58] {@Threei}  yeah, happens sometimes
01[14:58] {@Threei}  covered here
01[14:58] {@Threei}  1:2
01[15:16] {@Threei} Long Setup:  IWM  .70 break
01[15:16] {@Threei}  If holds  .60 
[15:21] {nemo} wow, late August trading
[15:22] {dino} no kidding
01[15:31] {@Threei}  1:1  
[15:39] {jfjf64} 1;2 that was close
[15:42] {dino} joe, did you hit sstk off of 79 break again?
[15:43] {JoebiWan} nope wasn't watching it
[15:43] {JoebiWan} you?
[15:43] {dino} i did but had a sell order in while i went to get my daughter, only got another .45 out of it
[15:43] {jfjf64} off to happy hour enjoy all
[15:44] {JoebiWan} nice
[15:44] {JoebiWan} yeah, whiskey time
[15:45] {jfjf64} jameson callin me
[15:45] {jfjf64} jf over here pal
[15:45] {JoebiWan} gonna go see Fury tonight
[15:45] {jfjf64} nice
[15:45] {dino} cya jf
[15:45] {JoebiWan} bye all thnx!
[15:46] {dino} becks calling me
[15:46] {dino} cya joe
01[15:46] {@Threei}  I still want my 1:2
[15:46] {jfjf64} I took it
[15:46] {jfjf64} close enough for august
01[15:50] {@Threei}  thank you all, have a great weekend
01[15:50] {@Threei}  see you monday
[15:51] {dino} thx and gn
[15:51] {nemo} thanks for the warning Vad
01[15:52] {@Threei}  about?
[15:52] {dino} monday
[15:52] {nemo} ;-)
01[15:52] {@Threei}  ah
[15:53] {nemo} http://goo.gl/WOMjG4
01[15:53] {@Threei}  sure, I play fair

Thursday, November 13, 2014

Nov 13 2014

Another quiet and nicely profitable day. Not much to add, just another day in the office.


Session Time: Thu Nov 13 00:00:00 2014
[09:07] {dino} gm
01[09:07] {@Threei}  dino :)
[09:18] {Jenh} gm
[09:18] {JoebiWan} gm
[09:18] {RonS} fiat
[09:19] {dino} ?
01[09:19] {@Threei}  jen, jw, ron :)
[09:19] {RonS} voya worthy a voyeur?
[09:20] {RonS} has buying dwa?...sounds like the dumbest thing ever concocted
[09:23] {RonS} Mary Landrieu...hilarious
[09:24] {RonS} twtr up on new cramer pimp
01[09:29] {@Threei}  Upside:
01[09:29] {@Threei}  -ZAZA +55% (earnings; update on talks with note holders)
01[09:29] {@Threei}  -DWA +20% (HAS said to be in talks to acquire the company)
01[09:29] {@Threei}  -FUEL +18% (earnings)
01[09:29] {@Threei}  -CYBR +12% (earnings)
01[09:29] {@Threei}  -ASTI +12% (earnings)
01[09:29] {@Threei}  -RWLK +5% (earnings)
01[09:29] {@Threei}  Downside:
01[09:29] {@Threei}  -MNK -9% (response to FDA's expected reclassification of Methylphenitade ER)
01[09:29] {@Threei}  -SPWR -9% (initial FY15 guidance below estimates - weakness across the space in FSLR, JKS, TSL)
01[09:29] {@Threei}  -JCP -8% (earnings)
01[09:29] {@Threei}  -XONE -4% (earnings)
01[09:29] {@Threei}  -NTAP -4% (earnings)
[09:29] {jfjf64} mornin
01[09:29] {@Threei}  jf :)
[09:30] {RonS} have to do it...FUEL exploding...
[09:30] {JoebiWan} ex what?
01[09:30] {@Threei}  and on fire?
[09:31] {nemo} why couldn't I log on 10 seconds later
[09:31] {JoebiWan} lol
[09:31] {RonS} lol
01[09:31] {@Threei}  hehe
[09:31] {ese} gm
01[09:31] {@Threei}  ese :)
[09:31] {nemo} just got back from freezing my ass off in a tree
[09:31] {ese} ? lol
[09:32] {nemo} can't wait until tomorrow morning sleet and snow
01[09:33] {@Threei} Short Setup: TWTR  .60 break
01[09:33] {@Threei}  If holds  .70
01[09:33] {@Threei}  Invalidated
[09:33] {nemo} I've come to the conclusion that the Kardashians were the final sign of the coming Apocalypse...and how about Bruce Jenner...one of the greatest athletes of all times becomes a FUCKING CARICATURE!!!!!
06[09:34] * nemo thinks, "Maybe vodka for breakfast is not such a good idea?"
[09:34] {dino} bruce rumors possibly playing for the other team
[09:35] {jfjf64} naa ya had shot already
[09:35] {nemo} twtr gonna' enter the GAP
[09:36] {jfjf64} and just seen picture of wifey kris with KAYNE lookalike on vac mexico
01[09:36] {@Threei} Short Setup: GM  .70 break
01[09:36] {@Threei}  If holds  .80
[09:38] {nemo} aapl holding up everything
01[09:39] {@Threei}  nah
[09:40] {nemo} really, biggest cap in S&P NAS100 RUS1000
[09:40] {nemo} it's starting to come in now
01[09:41] {@Threei} Short Setup: TWTR  .60 break
01[09:41] {@Threei}  If holds  .70
01[09:41] {@Threei}  1:1
01[09:41] {@Threei}  fast break
01[09:41] {@Threei}  anyone got it?
01[09:41] {@Threei}  1:2
[09:41] {jfjf64} misses
[09:41] {JoebiWan} nah
[09:41] {Jenh} nope
[09:42] {ese} nemo.....just lookng at aapl for the first time in a while.......did the stock split recently.....wasn't it up around 5/6 hundred bucks or so
[09:42] {jfjf64} bout 3 month ago
[09:42] {ese} ahhhhhh
[09:42] {nemo} Here are the top caps in the major indices right now:  pic.twitter.com/NHGl5uERJs
[09:43] {dino} 7 for 1 i think
[09:43] {nemo} http://goo.gl/7uPKwD
[09:43] {nemo} yeah 7 for 1
[09:44] {ese} hmmmmm....rather large
[09:44] {nemo} those are cap weighted...what's at the top of the list are the bigger companies
01[09:58] {@Threei} Long Setup:  SLW  .95 break
01[09:58] {@Threei}  If holds  .85
01[10:02] {@Threei}  Invalidated
[10:02] {nemo} red side filling out in algo
01[10:03] {@Threei} Long Setup:  TWTR  .10 break
01[10:03] {@Threei}  If holds  43
01[10:05] {@Threei}  1:1
01[10:06] {@Threei}  against the Keystone pipeline: Russia, Venezuela, Iran
01[10:06] {@Threei}  1:2
01[10:06] {@Threei}  nice allies Obama choses
01[10:10] {@Threei} Long Setup:  JPM  .30 break
01[10:10] {@Threei}  If holds  .23
[10:16] {dino} ame sm l .15
[10:18] {dino} asps smr l .05
01[10:24] {@Threei}  1:1
01[10:24] {@Threei}  1:2
[10:28] {jfjf64} hod
01[10:34] {@Threei}  nemo, for you: https://www.facebook.com/VadymGraiferPhotography/photos/a.488848774527976.1073741828.483178015095052/744941842252000/?type=1&theater
[10:35] {nemo} yeah saw a fawn and a six pointer this morning
[10:36] {nemo} LVS
[10:36] {nemo} thin .95 break
[10:36] {dino} ame to .60
[10:36] {JoebiWan} out ame +.50 ty dino
[10:36] {nemo} that .78-.83 area is likely support
[10:37] {dino} yw, gj
[10:39] {dino} out ame .00, +.85
[10:42] {dino} asps stop
[10:43] {dino} -.35/.80
[10:49] {jfjf64} nice lvs nemo
[10:49] {nemo} yep
[10:49] {jfjf64} mgm
[10:49] {jfjf64} to follow
[10:49] {nemo} probably wynn too
01[10:50] {@Threei}  1:3  JPM
01[10:50] {@Threei}  out
01[10:50] {@Threei}  takes its sweet time but delivers
[10:50] {dino} tcbi sm l .15
[10:50] {jfjf64} nice vg
[10:54] {dino} gj
01[10:54] {@Threei}  ty
[10:59] {JoebiWan} ty jpm vad
01[10:59] {@Threei}  :)
01[11:05] {@Threei} Long Setup:  TWTR  42 break
01[11:06] {@Threei}  If holds  .90
01[11:08] {@Threei}  no go
[11:40] {RonS} hp sm l .78
01[11:47] {@Threei} Short Setup: JPM  .35 break
01[11:47] {@Threei}  If holds  .45
[12:02] {jfjf64} lets smash mkt vg
01[12:03] {@Threei}  let's
[12:03] {jfjf64} hit that lod
[12:03] {jfjf64} bamm
01[12:03] {@Threei}  see?
01[12:03] {@Threei}  any wish of yours
01[12:04] {@Threei}  well... almost
[12:04] {jfjf64} patiance
01[12:04] {@Threei}  had you been a 90-60-90 blonde, would have been any
[12:04] {jfjf64} 90/60/90
[12:05] {nemo} wtf
01[12:05] {@Threei}  1:1
[12:05] {cosmo} centameters?
[12:06] {cosmo} centimeters that is
[12:06] {jfjf64} nemo ya spooked it
01[12:06] {@Threei}  that's nemo for you
[12:07] {jfjf64} nemo when ya going back in tree
[12:07] {nemo} 5:30 AM
01[12:08] {@Threei}  only this time hi picked a tree adjacent to a mall parking lot
[12:09] {jfjf64} deer says wtf wall mart
[12:09] {nemo} I'll go anywhere the deer are.  Picked one off in a tennis court once
[12:09] {jfjf64} ya a sick man
[12:09] {nemo} no...I was hunting on an estate
[12:10] {nemo} the tennis court was behind the guest house, adjacent to the helicopter pad
[12:10] {nemo} guy imported bikes from China
[12:11] {nemo} I used to hunt this wack jobs' propert...crazy bastard...wrote a bunch of those kinda joke books you buy at gift stores or airport bookstores
[12:12] {nemo} MIT grad actually
[12:12] {nemo} I taught him a bunch about guns and archery
[12:12] {nemo} calls me one night says he whacked a deer out his bedroom window
[12:12] {jfjf64} mit grad /turned into madman
[12:12] {nemo} Lucky he didn't hit his neighbors house...used a 12 guage slug
[12:12] {jfjf64} ty nemo
[12:13] {nemo} Piece of work that boy
[12:13] {nemo} I really liked him
[12:13] {nemo} what I I do Jf
[12:16] {RonS} nemo thinks he's frank sinatra... do be do be do...
[12:16] {nemo} hah, bastard is still alive:  https://www.facebook.com/herbert.kavet
[12:17] {nemo} this guy must be almost 80 years old
[12:17] {jfjf64} looks like in good shape for 80
[12:17] {nemo} Yeah, he used to run the stand at the BU stadium
[12:18] {nemo} takes bike rides all over the world...loaded to the gills
[12:18] {nemo} oh he's 77
[12:19] {nemo} http://goo.gl/UjkvBV
[12:19] {RonS} lol...9 months in the sack...
[12:20] {jfjf64} yeh
[12:20] {jfjf64} still lol
[12:20] {nemo} Yeah, when I was hunting his property, he asked if he could watch me gut it if I got one
[12:20] {nemo} So, I whack one...it goes waaaaay down the hill from his house
[12:20] {nemo} I'm rueing the drag back to my truck
[12:20] {nemo} He comes out with a motorized wheel barro
[12:21] {nemo} barrow
[12:21] {jfjf64} and
[12:21] {nemo} made my life very easy...ever try to move a 200lb dead body?
[12:21] {RonS} nedd a painted picture?
[12:21] {nemo} let me tell you...not easy
[12:21] {jfjf64} did ya gut it in front of him
[12:22] {nemo} hung it in his garage and did it in their...of course he had a motorized winch
[12:22] {nemo} guy had everything
[12:22] {RonS} have a motorized wench?
[12:22] {jfjf64} motorized blond 90/60/90
[12:22] {nemo} no...I spelled it correctly
[12:22] {jfjf64} no ya talkin
[12:23] {jfjf64} ahh vg
[12:26] {dino} tcbi to .45
[12:27] {dino} out +.30
01[12:28] {@Threei}  wtg
[12:29] {dino} ty
[12:35] {nemo} VXX
[12:38] {dino} tcbi sm l .10
[12:48] {nemo} PRU
[12:48] {nemo} looks short below .40 stop above .45
[12:48] {nemo} this is at most a "meh" stop
[12:50] {nemo} not to be confused with the "oy vay" get the crowbar-pucker stop
[13:05] {nemo} SPY testing 204
[13:06] {nemo} PRU working
01[13:07] {@Threei}  wow
[13:07] {nemo} wow what
01[13:07] {@Threei}  ummm
01[13:07] {@Threei}  market?
[13:08] {nemo} you have a a Vadgasm or something?
01[13:08] {@Threei}  someone send this man a soap
[13:08] {nemo} you mean a "bar" of soap?
[13:09] {nemo} I have eucalpytus, anise, and unscented
[13:09] {RonS} sheesh...lol
[13:09] {nemo} sensitive skin
[13:09] {RonS} "and KY, but of course..."
[13:10] {nemo} nah, I'm old enough, don't need it anymore
[13:10] {nemo} no noise when I fart
[13:10] {nemo} life has rubbed the hair off my ankles
[13:10] {RonS} thank god nemo doesn't hunt every day...
[13:11] {nemo} no...thank god I don't drink vodka every day
[13:15] {nemo} aapl seller .10
[13:15] {nemo} volume
[13:19] {nemo} well, looks like it might be a short
[13:20] {nemo} should bounce here
[13:21] {nemo} no bounce at vwap oh oh
[13:23] {nemo} spy bounce territory
01[13:23] {@Threei}  hmmm
[13:25] {nemo} long sso .01
[13:26] {nemo} stop under .95
[13:27] {nemo} stop be
[13:30] {nemo} sheesh
[13:31] {dino} tcbi stop -.35
[13:32] {nemo} sheesh, a frickin 1:1 we must be going lower
[13:42] {nemo} OXY
[13:46] {nemo} LVS
[13:46] {nemo} sorry
[13:46] {nemo} RAX
[13:48] {nemo} .75 break looks viable
[13:48] {nemo} stop under .70
[13:53] {nemo} stop to be
[13:54] {nemo} or should I say stop to "OM"
01[13:58] {@Threei}  *(US) OCT MONTHLY BUDGET STATEMENT: -$121.7B V -$111.7BE
[13:58] {nemo} wish I could run a tab like that
01[14:08] {@Threei} Long Setup:  VXX  .10 break
01[14:08] {@Threei}  If holds  29
01[14:10] {@Threei}  1:1
01[14:13] {@Threei}  1:2
[14:20] {dino} zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz
01[14:37] {@Threei} Long Setup:  TWTR  .90 break
01[14:37] {@Threei}  If holds  ,80
01[14:39] {@Threei}  change tio .85 break
01[14:39] {@Threei}  If holds  .75
01[14:43] {@Threei}  1:1
01[14:44] {@Threei}  1:2
[14:45] {dino} gj
01[14:46] {@Threei}  ty
01[14:46] {@Threei}  I am like that geyser in Yellowstone...
01[14:46] {@Threei}  {nemo} wtf
[14:47] {dino} old faithful
01[14:47] {@Threei}  :)
[14:47] {nemo} How did I get dragged into this morass?
01[14:48] {@Threei}  as if you were ever out
01[14:49] {@Threei}  speaking of morass... chaeron, nemo wants you to drag him out of here
[14:49] {nemo} speaking of death...
01[14:50] {@Threei}  and into morass
01[14:50] {@Threei}  and dump there
[14:50] {Chaeron} I will after you correct your spelling from geyser to "geezer"
01[14:50] {@Threei}  and erase GPS coordinates
[14:51] {Chaeron} Hey 3i, nemo :) (and all you other fine people)
[14:51] {RonS} hi boatman...
06[14:52] * nemo thinks, "I hate being grouped in with fine people."
[14:52] {Chaeron} hey Ron!
01[14:52] {@Threei}  you weren;t
01[14:52] {@Threei}  you were named separately
[14:52] {Chaeron} I didn't nemo... you and 3i were separate
[14:52] {nemo} nananananananananananananana...boatman!!!!!
01[14:52] {@Threei}  very pointedly separately
[14:53] {nemo} frickin' raspizdyi
[14:53] {Chaeron} awww... nothin but love form here
01[14:53] {@Threei}  that's what 12 grade teacher used to say seeing me...
[14:53] {nemo} was your nickname Medusa?
[14:53] {Chaeron} lol
01[14:54] {@Threei}  little did she know, I was dating her daughter at the time
[14:54] {nemo} UAL!!!
[14:54] {nemo} .30 break
01[14:54] {@Threei}  speaking of... the shortest date of all times? Midas and Medusa
[14:54] {nemo} stop .20
[14:54] {Chaeron} I need to come here more often... you guys are hilarious
01[14:54] {@Threei}  no? no one?
06[14:55] * @Threei sniffs and removes himself to a monastery
[14:55] {nemo} no........you don't....
[14:55] {nemo} mmmhhhh....vad in a menage with other monks....baaaaaad visual
01[14:56] {@Threei}  I mean come on... dino's trademark joke about big moth makes you all laugh year after year
01[14:56] {@Threei}  and midas-medusa date doesn't?
01[14:56] {@Threei}  how did I get to know you all...
01[14:56] {@Threei}  where is that monastery
[14:57] {nemo} it's all in the delivery...plus you type with an accent
01[15:01] {@Threei}  wow TWTR
[15:02] {nemo} indexes look long
[15:06] {nemo} I'm scratching ual
01[15:20] {@Threei} Long Setup:  TWTR  .30 break
01[15:20] {@Threei}  If holds  .20
01[15:21] {@Threei}  Invalidated
[15:22] {RonS} this should do it... UAL tookoff...
[15:22] {nemo} yeah, I shouldn't have scratched
01[15:22] {@Threei}  lol
[15:29] {nemo} twtr looking short
[15:34] {dino} bhi spike
[15:34] {dino} halt
01[15:35] {@Threei}  circuit breaker
01[15:35] {@Threei}  [BHI] Halliburton could be interested in acquiring Baker Hughes - financial press
[15:36] {nemo} twtr
[15:38] {nemo} wow 3:30 run
[15:39] {dino} redrum
[15:39] {nemo} TWTR
[15:39] {nemo} DKTK setup
01[15:41] {@Threei}  missed IWM... wanted a pullback that never came
[15:41] {Jenh} DKTK setup?
[15:42] {nemo} Don't Kid the Kidder
[15:43] {Jenh} ah thanks!
[15:44] {nemo} see..first .30 break backed off, just crossed again
[15:44] {Jenh} oh ok
[15:45] {Jenh} figured it was something with mm's
[15:45] {Jenh} thanks
[15:47] {nemo} this should do it
[15:49] {nemo} wow
[15:54] {chaeron} nice on TWTR fishboy....
01[15:55] {@Threei}  thank you all
[15:55] {nemo} o fur crissakes...ur right out of Greek mythology and you don't know where nemo comes from
[15:55] {nemo} ?
01[15:55] {@Threei}  havce a good evening, see you tomorrow
[15:55] {chaeron} I do, but wanted to give out a dis
[15:55] {nemo} sink ur frickin' boat
[15:56] {chaeron} heheheh....
[15:56] {Jenh} gn. ty!
[15:56] {nemo} .395 high
[15:56] {JoebiWan} ty see ya
[15:58] {dino} gn

Wednesday, November 12, 2014

Nov 12 2014

Nice, calm and confident 1:4 on JPM, especially pleasant being 4th win for the day

(chart courtesy of a broker)

Very strong day with just one small stop

Session Time: Wed Nov 12 00:00:00 2014

[08:52] {dino} gm
01[08:54] {@Threei}  dino :)
[09:09] {JoebiWan} mornin
01[09:11] {@Threei}  jw :)
[09:22] {RonS} gm from the deep freeze... 0
01[09:23] {@Threei}  ron :)
[09:23] {dino} ron, hitting here this afternoon, going from mid 60s to they say 30s
[09:23] {RonS} dino yy beat by 40%
[09:23] {JoebiWan} yup, just got here overnight. 14
[09:24] {nemo} guess it's supposed to moderate somewhat before it gets here
[09:25] {Jenh} gm
[09:25] {nemo} Jersey girl
01[09:26] {@Threei}  jen :)
[09:26] {Jenh} :)
[09:26] {Jenh} hey nemo
[09:27] {dino} you from nj jen?
[09:27] {Jenh} yeah
[09:27] {dino} pa here, gm neighbor
[09:27] {Jenh} oh hey. gm neighbor!
[09:27] {jfjf64} morning all
01[09:28] {@Threei}  jf :)
[09:28] {Jenh} i have family over in philly so know a little about pa
[09:29] {dino} my wife is from madison
[09:30] {Jenh} oh nice
01[09:30] {@Threei}  Upside:
01[09:30] {@Threei}  -SUSQ +33% (being acquired by BBT for $13.50/shr)
01[09:30] {@Threei}  -SUPN +10% (earnings)
01[09:30] {@Threei}  -AEO +9.5% (raised Q3 EPS guidance)
01[09:30] {@Threei}  -FOSL +9% (earnings)
01[09:30] {@Threei}  -CZE +6% (agreed to deal with creditors to bankruptcy for one of company's units)
01[09:30] {@Threei}  -MTOR +5% (earnings)
01[09:30] {@Threei}  -CSIQ +3.6% (earnings)
01[09:30] {@Threei}  -ARMK +3% (earnings)
01[09:30] {@Threei}  -YOKU +2.9% (signed strategic partnership with Xiami to accelerate multi-screen ecosystem development)
01[09:30] {@Threei}  Downside:
01[09:30] {@Threei}  -PLUG -13% (earnings)
01[09:30] {@Threei}  -OXGN -11% (no news; reports after the close)
01[09:30] {@Threei}  -MLNX -7.5% (quarterly filing)
01[09:30] {@Threei}  -SEAS -6% (earnings)
01[09:30] {@Threei}  -SJM -5.7% (prelim earnings)
01[09:30] {@Threei}  -FLO -5% (earnings)
[09:31] {dino} asps blood
01[09:31] {@Threei} Long Setup:  IWM  .80 break
01[09:32] {@Threei}  If holds  .70
01[09:33] {@Threei}  1:1
[09:34] {ese} gm
01[09:34] {@Threei}  ese :)
[09:36] {dino} asps pulpsmr l 64 break
01[09:38] {@Threei}  1:2
01[09:42] {@Threei}  1:3
01[09:42] {@Threei}  out
[09:42] {Jfjf64} Nice start Ty
[09:42] {JoebiWan} ty vad
[09:43] {Jfjf64} Watching twtr
01[09:43] {@Threei}  yw
01[09:52] {@Threei} Short Setup: FB  74 break hl
01[09:52] {@Threei}  If holds  .10
01[09:52] {@Threei}  with adding another hl on .90 break
01[09:52] {@Threei}  non-standard trade somewhat
[09:53] {_Jenh} hl?
[09:53] {dino} anet break .00 smr l
[09:53] {nemo} half lot
[09:53] {_Jenh} thanks
01[09:53] {@Threei}  half lot
[09:54] {dino} gj
01[09:54] {@Threei}  full on, stop .06
01[09:54] {@Threei}  1:1
[09:54] {dino} agio spike
01[09:55] {@Threei}  stop .01
[09:57] {dino} sncr drop
[09:57] {dino} gap 46.64
[09:59] {_Jenh} thanks 3i!
01[10:00] {@Threei}  *(US) SEPT WHOLESALE INVENTORIES M/M: 0.3% V 0.2%E; WHOLESALE TRADE SALES M/M: 0.2% V -0.1%E
[10:00] {dino} 07 fast green
01[10:04] {@Threei} Long Setup:  TWTR  .10 break
01[10:04] {@Threei}  If holds  40
01[10:08] {@Threei}  1:1
[10:08] {nemo} so Ukranian invasion and Europe tanking can't take this market down
[10:09] {nemo} finnies weak though
[10:13] {nemo} relative volume very low
[10:13] {nemo} wow
[10:13] {nemo} no supply
[10:13] {Jfjf64} Take 1:2and run seems
[10:13] {Jfjf64} Agree
[10:14] {Jfjf64} Vxx
[10:16] {nemo} algo larger strong side, but very little activity
[10:17] {nemo} only stock of weight on strong side is aapl
[10:17] {nemo} weak side only stocks of note IBM and UNP
[10:21] {nemo} wow finnies really dead
[10:24] {nemo} strong side really filling out now no serious weight other than aapl
[10:24] {nemo} oops and V
01[10:27] {@Threei} Short Setup: JPM  .70 break
01[10:27] {@Threei}  If holds  .80
01[10:28] {@Threei}  The U.N. Security Council is preparing to hold an emergency session on Ukraine amid worries about a renewal of full-scale conflict in the rebel-held east.
01[10:28] {@Threei}  this tidbit is the most bewildering:
01[10:29] {@Threei}  The Security Council has met well over a dozen times on Ukraine since the crisis began early this year, but little action can be taken as permanent member Russia has veto power.
[10:38] {ese} buy stop mack .51 full lot
01[10:39] {@Threei}  1:1
[10:39] {ese} that should help the rubel (?) tank even more
[10:40] {nemo} ruble
[10:40] {ese} Vladamir has done a good job of that already
[10:40] {ese} tks
[10:41] {nemo} Hey, bought a bottle of New Amsterdam vodka...cheap, very good
[10:41] {ese} new Amsterdam?    what would be the difference
[10:41] {ese} just cheap?
[10:41] {nemo} It's very smooth
[10:41] {RonS} Gallo brand...finally an American company has figured out how to make decent gin and vodka
01[10:41] {@Threei}  girls are younger
[10:41] {Jfjf64} Who is thi Vladimir you speak of
[10:41] {nemo} Putin
[10:42] {ese} tks
[10:42] {nemo} but yeah, ese and spelling
01[10:42] {@Threei}  1:2
[10:42] {nemo} I still like the flavor of Hangar 1 the best
[10:42] {nemo} what are you in Vad?
01[10:42] {@Threei}  10:27] {@Threei} Short Setup: JPM .70 break
[10:42] {nemo} ahhh
01[10:43] {@Threei}  if the world is lucky, ruble drops to zero and below in the next week or so
[10:43] {nemo} yeah, polar vortex
[10:44] {ese} agreed
01[10:44] {@Threei}  but my strong feeling is, this monster won't die before he kills Ukraine
[10:44] {Jfjf64} Valerie / Amy wine house / that's a song
[10:45] {Jfjf64} Jpm liked
[10:45] {ese} from what I was reading yesterday the central bank has used so much money trying to prop up the ruble it doesn't have anything left to lend anyone...including the govt
[10:45] {Jfjf64} Jf too
01[10:45] {@Threei}  well, not exactly right
[10:45] {Jfjf64} Ty vg
01[10:46] {@Threei}  they did spend a lot but far from all (unfortunately)
01[10:46] {@Threei}  yw
[10:46] {ese} it had to stop trying to prop it up......something like only 400million left in the coffers from billions.....that ain't gonna last long
01[10:46] {@Threei}  nah, this is wrong number
01[10:47] {@Threei}  too optimistic
[10:47] {ese} will try and find the article....but that seemed awefully low to me to
01[10:47] {@Threei}  they have way more than that
01[10:50] {@Threei}  as of Sept 30, Foreign currency reserves is $396B
[10:51] {ese} CBC News Posted: Nov 11, 2014 11:30 AM ET:Before floating the ruble, the central bank was spending its reserves in an effort to stabilize the currency. It had $510 billion at the start of the year, but only about $400 million remains.  Now it plans to limit loans to banks that use the money to go out and buy dollars, which it calls “speculative demand.”  The
[10:51] {ese} The ruble is also expected to come under more pressure next year, when Russian companies and banks will have to pay back about $100 billuon in hard currency debts
01[10:51] {@Threei}  they are wrong, it's 400 Billion
[10:52] {ese} ya ....that would make sense
01[10:52] {@Threei}  either mistype, or someone misread the comma in this number: 396,476.60 million
[10:53] {dino} whats a couple hundred billion among friends
[10:53] {ese} even so.....400 billion ain't gonna last long ....not for a country that huge
[10:56] {ese} hmmmmmmm......Bill Gates is worth about 1/8th of that
01[10:57] {@Threei}  send oil to 50-60, and no amount of reserves will save them
[10:58] {RonS} hey jf...
[10:58] {ese} one can lnly hope.........what goes around comes around when your stupid
[10:58] {Jfjf64} Yes Alaska Ron
[10:58] {RonS} missing the weather reports yet?
[10:59] {Jfjf64} It's all you
[10:59] {ese} are you talking about the fusion group "Weather Report"
[10:59] {Jfjf64} No pressure
[11:00] {ese} Zawinal, peter Erskine, Jaco Pastorius
[11:00] {Jfjf64} Vxx
[11:00] {nemo} no...the Mahavishnu Orchestra
[11:01] {ese} ahhhhhhh Billy Cobham on drums
[11:01] {nemo} yep
01[11:01] {@Threei}  will try for 1:4 on JPM
[11:01] {nemo} hey ese, what did you think of Carl Palmer
[11:02] {nemo} ?
[11:02] {Jfjf64} Pissed took off 1:2
01[11:02] {@Threei}  why?
01[11:02] {@Threei}  1:3
[11:02] {Jfjf64} Thinking
01[11:02] {@Threei}  ouch
[11:02] {nemo} oh jeez...don't hurt yourself
[11:02] {Jfjf64} Should be no thinking
01[11:03] {@Threei}  that must have hurt
[11:03] {Jfjf64} Lol
[11:03] {ese} hes great interesting style but I prefer others.......he did have an interesting and unique way of seting up his drums
[11:03] {nemo} sure, me two was just interested in your opinion
[11:04] {RonS} jesus, can anyone spell "too"
[11:04] {nemo} distracted
[11:04] {ese} maybe.......
01[11:04] {@Threei}  I can: tu
[11:04] {nemo} plus...this room does it TWO you
[11:04] {RonS} lol
[11:04] {Jfjf64} 2
[11:05] {Jfjf64} II
[11:05] {nemo} Ron is a Too....l
01[11:05] {@Threei}  see? Yes we can!
01[11:05] {@Threei}  I mean, kan
[11:05] {Jenh} lol
[11:05] {ese} jf baby!!!!!!! now that was funny
[11:05] {nemo} let's see ni in Japanese Zwei or Zwo in German
[11:06] {JoebiWan} im out jpm, awesome vad ty
01[11:07] {@Threei}  yw :)
[11:07] {ese} mack in ......
01[11:07] {@Threei}  1:4
[11:07] {nemo} finnies setting up for a bounce
01[11:07] {@Threei}  closed
[11:07] {ese} out 1/2 +.10
[11:12] {Jfjf64} Yhoo d top
[11:13] {Jfjf64} Look that vol
[11:14] {ese} out full mack .66 +.15
[11:15] {ese} good enough
[11:15] {dino} gj
01[11:15] {@Threei}  visual http://tradinglog.realitytrader.com/2014/11/nov-12-2014.html
[11:16] {ese} tks
01[11:16] {@Threei}  or if you prefer facebook, https://www.facebook.com/RealityTrader/photos/a.237133656321317.63196.235739863127363/862694387098571/?type=1
[11:16] {Jfjf64} Very nice
[11:17] {Jfjf64} You wk fast
[11:17] {ese} well done chief
[11:18] {RonS} hey nemo...
[11:18] {Jfjf64} Charts look good
01[11:19] {@Threei}  I make them pretty with my photoshop skills
01[11:19] {@Threei}  blemishes are airbrushed... skin is smoothed out
01[11:19] {@Threei}  nice tan
01[11:19] {@Threei}  slimming the waists down
01[11:20] {@Threei}  and there you go, instead of fat bank you have this slim tanned smiling... umm, well, still bank though
[11:21] {Jfjf64} I was reading ya face book page you had a comment from lady friend thought man with beard and pipe looked very successful
[11:22] {Jfjf64} She was diggin the VG man
01[11:22] {@Threei}  well... it is a nice pipe
[11:22] {Jfjf64} Lol
[11:22] {JoebiWan} vad, bb settings at 14 and 1.7, how come?
[11:22] {JoebiWan} just noticed
01[11:22] {@Threei}  I wish I could pronouce the name of the material it's made from though
01[11:22] {@Threei}  that's my settings for intraday
[11:23] {Jfjf64} Secret jbw
01[11:23] {@Threei}  been using them forever
01[11:23] {@Threei}  I think scalping videocourse has them
01[11:24] {@Threei}  Meerschaum... there
01[11:24] {@Threei}  challenge to spell, let alone pronounce
[11:24] {RonS} anyone? does Europe close in 5 min?
[11:25] {RonS} feel like Buddy Holly here...
[11:25] {RonS} ...hearing Cricketts...
01[11:25] {@Threei}  nemo is our Europe specialist
[11:26] {Jfjf64} Think nemo hittin bottle today
[11:27] {RonS} couldn't recover from misspeling too...
[11:27] {RonS} ...the shame...
[11:27] {Jfjf64} Nemo has left the building
[11:37] {RonS} ...or if you're jf, don't mention it at all:  From vortexes to blizzards, how to talk about winter: http://bloom.bg/1yzgZst
[11:41] {Jfjf64} Lol
[11:41] {Jfjf64} Th
[11:41] {Jfjf64} For min thought was picture of myself
[11:42] {Jfjf64} Wife has a shot of me last year
[12:04] {dino} asps smr l .51
[12:05] {dino} cybx drop
[12:18] {JoebiWan} out asps +1.03 ty DINO
[12:19] {dino} wtg joeb
[12:19] {Jfjf64} Good job jb
[12:19] {Jfjf64} Start callin ya Dino jr
[12:20] {JoebiWan} can only handle 100 shrs with dino trades lol
[12:31] {nemo} indexes look like they might come in a bit
[12:34] {Jfjf64} Twtr
[12:38] {dino} baba gap filling
01[12:55] {@Threei} Short Setup: C  .35 break
01[12:55] {@Threei}  If holds  .40
[13:21] {nemo} IWM
[13:27] {Jfjf64} You in nemo
[13:27] {nemo} I'm the evil twin
[13:27] {dino} omen?
[13:27] {nemo} hard to believe, I know
[13:28] {nemo} aapl gonna' break
[13:32] {RonS} took 1.32 on asps .6 lot  good one dino thanks
[13:34] {dino} out asps 60, +2.49
[13:34] {RonS} gj
[13:35] {dino} gj ron and thx
[13:35] {JoebiWan} nice!
[13:35] {RonS} sold a buck too soon here
01[13:35] {@Threei}  wtg guys
[13:35] {RonS} ty
[13:36] {Jenh} gj
[13:36] {dino} ty
[13:37] {RonS} fascinating on Level II when you see the same size offer on adfn and flow, you know someone is trying to keep a lid  on the price running, while accumulating from below... in the case both had a 1300 lot size
[13:37] {RonS} the = this
01[13:38] {@Threei}  old game :)
[13:38] {RonS} the reverse happens also, in other cases
01[13:38] {@Threei}  never changes eh?
[13:39] {dino} anet drop
[13:39] {RonS} don't even know what those exchanges are...here
[13:41] {nemo} 17% stocks on algo have switched to the green side, we're going up I think unless finnies take a dump
[13:45] {dino} asps looks like it wants up
[13:46] {dino} smr l .53
[13:46] {nemo} inda amazing though...there's alot of red at the larger cap stocks in the DJI S&P Trannies, Qs and Russle and finnies too
[13:51] {Jenh} was that it for C?
01[13:52] {@Threei}  hope not
[13:52] {RonS} inda beguine?
[13:52] {dino} out asps .50, +.99
[13:53] {Jenh} did u change the stop for C 3i or still .40?
01[13:53] {@Threei}  .40
[13:53] {Jenh} thnx
[13:54] {JoebiWan} gj dino
[13:54] {Jenh} gj
[13:55] {dino} thx
[13:55] {dino} anet smr l .31
[14:02] {dino} swi spike
[14:06] {dino} damn can't borrow
[14:15] {JoebiWan} what platform, dino?
[14:15] {JoebiWan} broker..
[14:17] {dino} street smart edge/schwab
[14:19] {RonS} whadya paying schwab?...w/ merrill at $7...
[14:20] {dino} 8
[14:20] {Jenh} i should have kicked C down the stairs when I had the chance
[14:20] {dino} inlimited # shares
01[14:20] {@Threei}  meh
[14:22] {RonS} Schwab building an 800,000 sq ft building about 3 mi from my house...moving out of SF...
[14:23] {RonS} Charles says:  "Thanks Dino"
[14:24] {RonS} :)
[14:26] {RonS} immediate 9% pay increase for those that move on the difference in the state income tax rate...4.8 v 13.9
[14:26] {dino} he should, paid alot of commission since 1988
[14:27] {RonS} ...ever checked out Robinhood?
[14:27] {dino} good reason to move. i don't know why anybody stays in california w/tax rates and prices
[14:27] {nemo} no water either
[14:28] {dino} whats robinhood
[14:28] {RonS} https://www.robinhood.com/
[14:29] {RonS} google and others funding this...
[14:29] {nemo} yeah, they'll buy your order flow, then trade against it
[14:29] {RonS} easy to say...
[14:30] {nemo} easy to do
[14:31] {RonS} service hasn't even cranked yet...in beta phase
[14:32] {Jfjf64} Wow fb
[14:32] {Jfjf64} I was sleepin
[14:32] {RonS} do you piss on kids that have yet to walk?
[14:32] {dino} what is this listed foreign securities $50/trade? is that on say a db?
[14:36] {dino} not interested, no margin, no options
[14:38] {RonS} not saying now...something for the future...for options you should be using OptionMonster...imo
[14:38] {dino} i use them too, opened options acct in june. good education site
[14:38] {RonS} gj
[14:39] {RonS} do they have directed options trading?
[14:39] {dino} not sure what you mean?
[14:39] {dino} i do my own ideas
[14:40] {RonS} direct your option order to a specific exchage...eg cboe, ice
[14:40] {dino} dk, i just use their default
[14:41] {dino} i like the options charts, depth, etc on the monster platform better than schwab stsmart
[14:43] {dino} fastest i ever used was das. but for my style did not work. too many auto stops on big spreads
[14:43] {RonS} anet looking for one...
[14:43] {dino} anet stop
[14:45] {RonS} thought it wanted 76 here... too late to trade it now imo
[14:46] {dino} surprised it hasn't worked more of that gap to 86 off, earnings were great
[14:47] {RonS} dino, pm...
[14:48] {dino} ok
01[14:48] {@Threei} Long Setup:  TWTR  .50 break
01[14:48] {@Threei}  If holds  .40
[14:49] {nemo} http://goo.gl/XYQPWS
[14:50] {nemo} twtr could go to .20 first
01[14:50] {@Threei}  Invalidated
[14:51] {JoebiWan} ouch
[14:55] {Jenh} that poor man :(
01[14:56] {@Threei}  Cat: that was fun, we should do it again soon
[14:56] {RonS} that TV is light, an old tube set would have broken his neck...
[14:57] {nemo} the cat wouldn't have been able to knock it over either
01[14:57] {@Threei}  and guitar was out of tune anyway
[15:07] {dino} anet rinsed
01[15:09] {@Threei}  TWTR got away
[15:11] {RonS} lol...like 4 hours ago?
01[15:13] {@Threei}  ?
01[15:13] {@Threei}  20 min
01[15:15] {@Threei} Long Setup:  MCD  .25 break
01[15:16] {@Threei}  If holds  .15
[15:19] {jfjf64} yhoo .40 break watchin
01[15:30] {@Threei}  good one YHOO
01[15:33] {@Threei}  1:1
01[15:38] {@Threei} Long Setup:  IWM  118 break
01[15:42] {@Threei}  .05 would set new day high
01[15:42] {@Threei}  and start another eekqxplozheon
[15:44] {JoebiWan} they grow up so fast.... them werdz
01[15:44] {@Threei}  lol
[15:45] {nemo} market doesn't care about Ukraine so gap up tomorrow likely
01[15:45] {@Threei}  of course not
01[15:45] {@Threei}  market will care only if ther world starts getting involved
01[15:45] {@Threei}  so war threatens to spread
[15:46] {cosmo} good for business too
01[15:46] {@Threei}  well... not really
01[15:46] {@Threei}  snactions bite both ways
[15:46] {cosmo} weapons?
01[15:47] {@Threei}  no one supplies them to Ukraine
[15:47] {cosmo} they make their own?
[15:48] {dino} they miss their nukes
01[15:48] {@Threei}  mostly use old stock, quuckly dwindling down
01[15:48] {@Threei}  obsolete and falling apart
[15:48] {cosmo} hmm
01[15:49] {@Threei}  they have a few military factories but their capabilities are not enough for war time when equipment gets destroyed quickly
[15:49] {nemo} or the factories get bombed
[15:49] {cosmo} by who?
[15:50] {cosmo} oh wait...
[15:50] {nemo} your kidding, right?
[15:50] {cosmo} i got it
[15:50] {nemo} you hang out with ese too much
[15:50] {cosmo} had two beers already
[15:50] {nemo} I'm on my 4th shot
[15:51] {cosmo} you're back east
[15:51] {nemo} your point?
[15:51] {cosmo} no?
[15:51] {dino} you guys are making me thirsty
[15:51] {cosmo} time zone dino?
[15:52] {dino} hmmm, happy hour or not, that is the question
[15:52] {dino} est cosmo
[15:52] {nemo} I start when my alarm goes off
[15:52] {cosmo} its time then
[15:52] {cosmo} 8 min to go
[15:52] {RonS} https://www.youtube.com/watch?v=N6bk_qJw5XY
[15:53] {dino} feels like it. but have to scope out a foreclosure at 4:30, so has to wait until after that
[15:53] {nemo} I told you about spending the evening with his band, right?
[15:53] {nemo} medicinal purposes dino
[15:53] {nemo} sso
01[15:53] {@Threei}  stop to .94
[15:53] {nemo} sorry
01[15:54] {@Threei}  out
01[15:54] {@Threei}  closed MCD too
[15:54] {cosmo} elevator music i say
01[15:54] {@Threei}  saved by the bell
01[15:54] {@Threei}  thank you all, have a great evening
[15:54] {dino} nemo, no lights on in these places, need my senses with me, some wierd shit turns up sometimes
[15:54] {_Jenh} ty! gn
01[15:54] {@Threei}  see you tomorrow
[15:55] {nemo} dino has to be one of the most disciplined motherfuckers on the planet
[15:55] {JoebiWan} thnx see ya
[15:55] {dino} not when i'm off the clock
[15:56] {nemo} BS...you're very disciplined to your off the clock activities
[15:56] {dino} as the most interesting man in the world says, "sometimes you should act like yuorself. this isn't one of those time. stay thirsty my friends"
[15:56] {dino} ;)
[15:57] {nemo} Dino....you are unique...God Bless Ya'
[15:57] {dino} yuo too buddy
[15:57] {dino} typing is reversing
01[15:57] {@Threei}  variant:
01[15:57] {@Threei}  always be yourself. unless ou can be batman. then always be batman
[15:57] {nemo} wtf....
[15:58] {nemo} reminds me of the Wonder Woman, Superman, Invisible man joke
[15:59] {dino} ty all and gn

Monday, November 10, 2014

Nov 10 2014

Very nice solidly profitable calm day with trades working confidently and at the very measured pace, making it easy to enter and exit. Final 1:3 on IWM served as icing on the cake.


Session Time: Mon Nov 10 00:00:00 2014
[08:52] {dino} gm 3i
01[08:55] {@Threei}  morning dino
[09:08] {nemo} saw a stat today...the market hasn't had more than 3 days in a row this year
01[09:08] {@Threei}  hasn't had what?
[09:09] {nemo}  saw a stat today...the market hasn't had more than 3 days in a row this year
01[09:10] {@Threei}  I need a translation...
[09:10] {nemo} sorry down days...see what happens when I drink coffee instead of vodka
01[09:10] {@Threei}  ah
01[09:10] {@Threei}  stop that right away
01[09:11] {@Threei}  hmmm... I thought we did have longer streaks
[09:11] {nemo} go back and look at the daily
[09:12] {dino} down 16 of 19 in sept/oct
[09:12] {nemo} not more than 3 in a row dino
[09:12] {RonS} gm... high of 28 tomorrow and nothing +35 for a week...smackdown... i love global warming
01[09:12] {@Threei}  ron :)
[09:13] {nemo} yeah, almost makes you hope for an active Atlantic Hurricane season to knock the Jet stream north
01[09:13] {@Threei}  yeah, he is right, looking at October... longest series is 3 days
[09:14] {nemo} Watched the movie "Rush" about James Hunt and Niki Lauda...actually better than expected
[09:14] {RonS} saw a motorcycle dude yesterday w/ a gpro on his helmet...guessing wants to record his crash
[09:15] {nemo} yeah, gonna put one on bunny
[09:15] {RonS} rotflol
[09:15] {RonS} baba ath
[09:22] {jfjf64} morning all
01[09:23] {@Threei}  jf :)
[09:24] {Jenh} gm
01[09:24] {@Threei}  jen :)
01[09:29] {@Threei}  (US) President Obama calls on FCC to implement the "strongest rules possible" to protect internet neutrality
01[09:29] {@Threei}  Upside:
01[09:29] {@Threei}  -IBIO +18% (grants caliber license for production of antibodies targeting Ebola)
01[09:29] {@Threei}  -ARQL +13.2% (positive top-line results of NIH-sponsored Phase 2 trial of Tivantinib in prostate cancer)
01[09:29] {@Threei}  -DF +12.4% (earnings)
01[09:29] {@Threei}  -VIMC +11% (earnings)
01[09:29] {@Threei}  -JRJC +6% (momentum from China opening direct investment in overseas market)
01[09:29] {@Threei}  -DDD +5% (earnings)
01[09:29] {@Threei}  -KNDI +4.7% (earnings)
01[09:29] {@Threei}  Downside:
01[09:29] {@Threei}  -DNDN -70% (reaches agreements on terms of financial restructuring - files for Chapter 11)
01[09:29] {@Threei}  -GOGO -7% (earnings)
01[09:29] {@Threei}  -GPRO -7% (CEO letter to employees on his plans to sell a portion of his holdings)
01[09:29] {@Threei}  -ONVO 6% (earnings)
01[09:29] {@Threei}  -MRK -2.5% (presented interim data from C-SWIFT study of Hep C treatment Grazoprevir)
01[09:30] {@Threei}  -BABA +2.4% (Macy's accepting Alipay for customers ordering from China)
[09:30] {ese} gm
01[09:30] {@Threei}  ese :)
01[09:32] {@Threei} Long Setup:  FB  .25 break
01[09:33] {@Threei}  If holds  .15
01[09:33] {@Threei}  change to .15 break
01[09:34] {@Threei}  change to .10 break
01[09:34] {@Threei}  If holds  75
01[09:35] {@Threei}  heavy
01[09:37] {@Threei}  stop to .04
01[09:37] {@Threei}  out
01[09:38] {@Threei} Long Setup:  VXX  .80 break
01[09:38] {@Threei}  If holds  .74
01[09:38] {@Threei}  good tightening FB
01[09:38] {@Threei}  cascading after losing 75
[09:41] {dino} anet smr l .02 wide
01[09:41] {@Threei}  Invalidated
01[09:42] {@Threei} Long Setup:  TWTR  .05 break
01[09:42] {@Threei}  If holds  .95
01[09:42] {@Threei}  1:1
01[09:45] {@Threei}  1:2
01[09:45] {@Threei}  VXX valid again
01[09:45] {@Threei}  If holds  .70
01[09:47] {@Threei}  1:3
01[09:47] {@Threei}  1:4
01[09:47] {@Threei}  out
[09:47] {JoebiWan} ty vad!
01[09:47] {@Threei}  yw
01[09:50] {@Threei} Long Setup:  LVS  .60 break
01[09:50] {@Threei}  If holds  .50
01[09:55] {@Threei}  1:1
[09:59] {nemo} xlf has had one down day in a month...central banks have been successful
01[10:02] {@Threei} Long Setup:  CAT  .30 break
01[10:02] {@Threei}  If holds  .20
01[10:03] {@Threei}  1:1
[10:05] {nemo} finnies=energizer bunny
[10:06] {dino} out anet 79.62, +1.60
[10:07] {nemo} relative volume very weak
01[10:07] {@Threei} Short Setup: JPM  .80 break
01[10:07] {@Threei}  If holds  .85
[10:08] {dino} no takers anet?
[10:08] {RonS} still in
[10:10] {dino} gj
[10:11] {nemo} algo green no red
[10:19] {RonS} took anet 78.08 out 79.85 +1.77
01[10:20] {@Threei}  wtg
[10:20] {dino} gj ron
[10:21] {RonS} ty
01[10:22] {@Threei}  1:1
[10:27] {nemo} “Jets Rebuilding Since 1969.”
[10:27] {nemo} —Banner toted by a plane flying over the Meadowlands before the Steelers-Jets game Sunday
[10:28] {dino} lol, but the defense stepped up yesterday
01[10:28] {@Threei}  1:2
[10:28] {nemo} if I say blind squirrel and nut Dino
[10:29] {dino} understood
[10:33] {dino} mtz sm l .69
01[10:34] {@Threei} Short Setup: C  .55 break
01[10:34] {@Threei}  If holds  .60
[10:35] {nemo} X
[10:36] {nemo} red side expanding, but indexes holding up...weird...range tightest since algo started
[10:36] {nemo} volume 25% below 20 day average
01[10:38] {@Threei}  Invalidated
[10:40] {RonS} ...bet that was hard to do:  China suspected of breaching US Postal Service computer networks - @washingtonpost http://wapo.st/1wafIW5
[10:42] {nemo} yeah, I think they use Atari platforms for mainframes
[10:42] {dino} lol
01[10:42] {@Threei}  lol
[10:42] {nemo} holy shit, more than an hour in and SSO only done 1/2mil shares
01[10:45] {@Threei}  closed JPM balance on a trail
[10:45] {jfjf64} nice
[10:45] {jfjf64} nemo you ride x up
[10:45] {jfjf64} nice find
[10:45] {jfjf64} ty
[10:45] {nemo} missed the trigger
[10:48] {nemo} was watching sso wanted break of .85, it gapped to .89
[10:49] {dino} zltq spike
01[10:50] {@Threei} Long Setup:  VXX  .10 break
01[10:50] {@Threei}  If holds  28
[10:53] {JoebiWan} out mtz +.40 thnks dino
[10:54] {JoebiWan} +.30 srry
01[10:54] {@Threei}  nah
[10:54] {nemo} BTFD!
[10:55] {dino} mtz to b/e
[10:55] {dino} gj joebi, yw
[11:04] {dino} mtz to .94
01[11:04] {@Threei} Long Setup:  WMT  .40 brea5
01[11:04] {@Threei}  If holds  .35
[11:04] {jfjf64} .45
[11:04] {nemo} hah! typed "wtf"
01[11:04] {@Threei}  .45
[11:04] {dino} to .99
01[11:05] {@Threei}  change to aggressive .40 break
[11:05] {dino} out mtz .05, +.36
01[11:05] {@Threei}  same .35 stop
[11:06] {jfjf64} vxx
[11:10] {nemo} indexes bull flagging
[11:10] {nemo} short it jf
[11:10] {nemo} never short a dull market
[11:14] {nemo} IWM probably long break of .10
[11:17] {jfjf64} stop still .35
[11:17] {jfjf64} or bring up to .40
[11:18] {nemo} this .05 brak will probably hold
[11:18] {nemo} break
[11:20] {nemo} wow, dax was flat this morning, now up over .5% sheesh...did Draghi say something?
01[11:21] {@Threei}  nope
01[11:28] {@Threei}  1:1
01[11:29] {@Threei}  1:2
[11:33] {JoebiWan} ty wmt vad
01[11:33] {@Threei}  1:3
01[11:33] {@Threei}  out
01[11:33] {@Threei}  yw
01[11:33] {@Threei}  slow but safe and sure
[11:33] {JoebiWan} my favorite
01[11:34] {@Threei}  humanitarian convoy from Russia in Ukraine: https://www.youtube.com/watch?v=rtc948X58k0
[11:34] {nemo} sure? wtf...no such thing
[11:34] {nemo} watch your vix now jf
01[11:34] {@Threei}  that's because you don't soak chicken entrails in tea
[11:34] {nemo} DAX just closed
[11:35] {nemo} right...none of that pussy shit...human sacrifices for me
[11:35] {nemo} wow...on queue jf
[11:36] {nemo} vxx long .01
[11:36] {nemo} don't think it gets lower than .92
[11:38] {nemo} mmmhhhh...need to find some infants
[11:41] {nemo} oh well
[11:42] {nemo} wow, sso so slow today just gapped .10 down
[11:52] {nemo} damn probably rinsed
[11:52] {JoebiWan} still long 28 here
01[12:11] {@Threei} Long Setup:  VXX  .95 break
01[12:11] {@Threei}  If holds  .95
[12:11] {nemo} ?
01[12:11] {@Threei}  .05 break
01[12:12] {@Threei}  man, is it so difficult to reconstruct by the look of chart?
[12:12] {nemo} could have been .00 break
01[12:12] {@Threei}  with current ask at .02?
[12:13] {nemo} who knows, maybe it spiked before I got it on my screen
01[12:13] {@Threei}  that would be 28
01[12:14] {@Threei}  what kind of mistype turns .05 into 28? {G}
01[12:14] {@Threei}  .05 to .95 however is two neighboring keys
[12:14] {nemo} yeah, but what's that got to do with you who types with fins!
01[12:15] {@Threei}  touche
[12:15] {nemo} minor detail
01[12:17] {@Threei}  U.S. President Barack Obama and Russian President Vladimir Putin had a "brief encounter" on the sidelines of APEC summit events on Nov. 10 night but did not have time to discuss the main issues between their two countries
01[12:18] {@Threei}  those are MAIN issues, but they did not have time?
[12:18] {nemo} was Obama on his knees?
[12:18] {dino} yuk
[12:19] {nemo} SSo hasn't even done a million shares yet
[12:19] {nemo} wow
[12:25] {RonS} holy smokes...furious wind came up...temp dropped 10 in five minutes
01[12:25] {@Threei}  (DE) IFO Chief: Germany is on the edge of recession due to economic weakness in major trading partners
01[12:54] {@Threei}  we might even get 1:1 this century
01[12:55] {@Threei}  too bad nemo's liver is not going to allow him to live to see that
01[13:11] {@Threei}  stop to .99
[13:16] {nemo} huei
[13:22] {nemo} wow relative volume 47% of last 20 days
[13:26] {RonS} skinny relatives?
01[13:27] {@Threei}  lol
[13:48] {JoebiWan} twtr?
01[13:50] {@Threei}  (US) Senate Majority leader Reid (R-KY): FCC should reject the proposal from President Obama on net neutrality
01[13:50] {@Threei}  eeck
01[13:50] {@Threei}  Reid gone nuclear?
[13:51] {RonS} well, they were exploding those bombs 100 miles from where he grew up...
01[13:51] {@Threei}  that explains a lot...
[13:52] {RonS} feakin Searchlight NV...absolute hell hole
[13:52] {RonS} was and still is...
[13:53] {RonS} ryam gone pulp
01[13:54] {@Threei}  anyone is still in VXX?
[13:54] {jfjf64} yes
01[13:54] {@Threei}  take half off
01[13:55] {@Threei}  looks like downdraft finally starts
01[13:55] {@Threei}  1:1
[13:56] {RonS} off, bond markets closed tomorrow due to Vets Day?
[13:56] {RonS} oof
01[14:06] {@Threei}  looks like
01[14:08] {@Threei}  closed on a trail
01[14:08] {@Threei}  scalping time
[14:09] {dino} slow afternoon
01[14:09] {@Threei}  I have to say, I am confused... when Obama and Reid want different things, whose side to take...
[14:11] {RonS} follow de Monet?
[14:12] {RonS} and support opposite... have to say have no understanding of net neutrality...here
[14:13] {RonS} only thing i can figure out is that some get screwed and others make out... but don't know how it impacts consumers....
01[14:15] {@Threei}  on the first glance Obama's position seems to gbe sensible: no trottling, no preferences, no monoplolizing, no better speed for fee
01[14:15] {@Threei}  but you know... devil's always in the details so not rushing to conclusions until hear other side
[14:36] {Jfjf64} Twtr
[14:36] {Jfjf64} Old
[14:36] {Jfjf64} Lod
01[14:37] {@Threei} Short Setup: TWTR  .75 break
01[14:37] {@Threei}  If holds  .85
[14:39] {Jfjf64} May be fall off cliff look daily
01[14:39] {@Threei}  yup
[14:49] {Jfjf64}  Gettin heavy
01[14:50] {@Threei}  .70 ias last line of defense
[14:53] {Jfjf64} Think tighten stop?
01[14:56] {@Threei}  to .81... yeah
[14:57] {Jfjf64} K
[14:57] {Jfjf64} Common .69
01[14:58] {@Threei}  1:1
[15:00] {Jfjf64} Mkt hodin
[15:01] {Jfjf64} Holdin up
[15:02] {dino} baba wants 120
[15:05] {RonS} wow, was 56 this morining, now 30 and windy
[15:06] {Jfjf64} Thanks weather man
[15:06] {RonS} np
01[15:07] {@Threei}  thank Alaska Ron... we are just a transport hub
[15:07] {Jfjf64} Where ya at RS
[15:07] {Jfjf64} Lol
[15:07] {RonS} denver
[15:07] {Jfjf64} Alaska Ron
01[15:13] {@Threei} Long Setup:  IWM  .05 break
01[15:13] {@Threei}  If holds  .95
01[15:27] {@Threei}  valid again, same setup
01[15:31] {@Threei}  invalidated again
01[15:35] {@Threei} Long Setup:  IWM  117 break
01[15:35] {@Threei}  If holds  .90
01[15:39] {@Threei}  TWTR new low
[15:40] {Jfjf64} Rat
[15:43] {Jfjf64} Ism
[15:43] {Jfjf64} Iwm
01[15:45] {@Threei}  stop .94
01[15:46] {@Threei}  half out .09
01[15:46] {@Threei}  stop to .99
01[15:47] {@Threei}  ever had this "wtf" feeling when someone shows you a blue card and tells you it's red?
01[15:48] {@Threei}  Russia’s Defense Ministry has denied information on military buildup, while Russian Foreign Minister Sergei Lavrov claimed on Nov. 8 that there were no Russian soldiers in Ukraine.
[15:52] {Jfjf64} Good night all
[15:52] {Jfjf64} Ty vg
01[15:52] {@Threei}  take care jf (and no crying if IWM spikes 30 cents into eod)
01[15:52] {@Threei}  yw :)
[15:53] {Jfjf64} All good
[15:54] {JoebiWan} took scalp. ty everyone, pretty good day
01[15:54] {@Threei}  :)
[15:54] {dino} thx all, great morning, dead afternoon for me
[15:54] {JoebiWan} bye all
01[15:55] {@Threei}  and here comes spike
01[15:58] {@Threei}  1:2
01[15:58] {@Threei}  out
01[15:58] {@Threei}  thank you all, have a good evening
01[15:58] {@Threei}  see you tomorrow
[15:59] {Jenh} gn
[16:00] {Jenh} ty!
01[16:01] {@Threei}  1:3, lol


Friday, November 7, 2014

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