Jan 20 2015

A lot of back and forth, whole day, ending slightly positive thanks to winners being much larger than stops, anywhere from 1:3 to 1:5.


Session Time: Tue Jan 20 00:00:00 2015
[08:33] {JoebiWan} gm
[08:42] {dino} gm
01[08:47] {@Threei}  jw, dino :)
[09:02] {RonS} gm outr breeched
01[09:03] {@Threei}  ron :)
[09:06] {RonS} expr written off
01[09:06] {@Threei}  lol
[09:17] {dptl} gm
01[09:18] {@Threei}  dp :)
01[09:24] {@Threei}  Upside:
01[09:24] {@Threei}  -SWHC +10% (Q3 & FY15 guidance - FY15 guided higher than previous)
01[09:24] {@Threei}  -ALTV +9% (announced hiring of advisor to evaluate alternatives to enhance shareholder value)
01[09:24] {@Threei}  -UNIS +5.4% (announced agreement with ABBV for supply of injectable drug delivery systems)
01[09:24] {@Threei}  -ABX +4% (gold increasing in price, NEM & GG also up 3% on the increase)
01[09:24] {@Threei}  -MOS +3.8% (Q4 guidance)
01[09:24] {@Threei}  -MTG +3.2% (earnings)
01[09:24] {@Threei}  -DAL +3.2% (earnings)
01[09:24] {@Threei}  -RGR +3% (momentum from SWHC news)
01[09:24] {@Threei}  Downside:
01[09:24] {@Threei}  -EXPR -13.5% (termination of discussions with Sycamore Partners)
01[09:24] {@Threei}  -OUTR -11% (CEO stepping down, narrowing Q4 EPS & Rev estimates)
01[09:24] {@Threei}  -RF -3% (earnings)
01[09:24] {@Threei}  -YNDX -2.9% (negative broker commentary)
01[09:24] {@Threei}  -EDU -2.3% (earnings)
01[09:24] {@Threei}  -MS -2.2% (earnings)
01[09:31] {@Threei} Long Setup:  IWM  .80 break
01[09:31] {@Threei}  If holds  .70
01[09:32] {@Threei}  1:1
01[09:33] {@Threei}  1:2
[09:35] {nemo} rug pull
01[09:37] {@Threei} Long Setup:  MCD  .65 break
01[09:37] {@Threei}  If holds  .55
01[09:39] {@Threei}  no go
[09:43] {nemo} see if iwm can get back to vwap be a good short area
01[09:44] {@Threei} Long Setup:  IWM  .50 break
01[09:44] {@Threei}  If holds  .40
01[09:44] {@Threei}  1:1
01[09:45] {@Threei}  1:2
01[09:48] {@Threei}  interesting hoqw IWM is stronger than SPY
01[09:49] {@Threei}  makes it prime candidate for bounce trades
01[09:49] {@Threei} Long Setup:  IWM  .45 break
01[09:49] {@Threei}  If holds  .35
01[09:50] {@Threei}  Invalidated
[09:50] {nemo} I think the fecal matter is hitting the ventilator
01[09:53] {@Threei}  watching DAL for long entry
01[09:53] {@Threei} Long Setup:  DAL  .50 break
01[09:53] {@Threei}  If holds  .40
01[09:54] {@Threei}  ugh
01[09:54] {@Threei}  no go
[09:55] {nemo} can't get above vwap
01[09:57] {@Threei} Long Setup:  IWM  116 break
01[09:58] {@Threei}  If holds  .90
[09:59] {nemo} numbers
01[10:00] {@Threei}  *(US) JAN NAHB HOUSING MARKET INDEX: 57 V 58E
01[10:01] {@Threei}  no go
01[10:02] {@Threei}  feels like SPY found the bottom
01[10:03] {@Threei} Long Setup:  MCD  .05 break
01[10:04] {@Threei}  If holds  .95
[10:07] {nemo} BBBY
01[10:07] {@Threei}  1:1
01[10:08] {@Threei}  1:2
01[10:09] {@Threei}  1:3
01[10:09] {@Threei}  out
01[10:23] {@Threei} Long Setup:  JPM  .10 break
01[10:23] {@Threei}  If holds  56
01[10:27] {@Threei}  no go
[10:30] {dino} uthr smr s .24
[10:32] {dino} bs is .51
[10:33] {RonS} bs happens tonight...
01[10:33] {@Threei} Short Setup: WMT  .35 break
01[10:33] {@Threei}  If holds  .45
01[10:35] {@Threei}  1:1
[10:36] {dino} cov uthr .63, +.61
[10:37] {JoebiWan} .56 here dino, ty
01[10:37] {@Threei}  wtg
[10:37] {dino} yw, gj
[10:37] {nemo} DAL
01[10:40] {@Threei}  1:2
01[10:41] {@Threei}  stop .21
01[10:41] {@Threei}  touched 1:3 for a sec
01[10:41] {@Threei}  to .16 now
01[10:42] {@Threei}  1:3
01[10:42] {@Threei}  out
[10:42] {JoebiWan} gj
01[10:42] {@Threei}  ty
[10:44] {nemo} GDX
[10:48] {RonS} sap 'ed
01[10:59] {@Threei} Long Setup:  MCD  .90 break
01[10:59] {@Threei}  If holds  .80
01[11:00] {@Threei}  twi-sided
01[11:00] {@Threei}  i=o
01[11:06] {@Threei}  no go
01[11:25] {@Threei} Long Setup:  IWM  .70 break
01[11:25] {@Threei}  If holds  .60
01[11:25] {@Threei}  Invalidated
[11:26] {dino} lyb sm l .03
[11:31] {dino} out lyb .33, +.30
[11:32] {dino} brb
01[11:32] {@Threei}  IWM valid again
01[11:34] {@Threei}  invalidated again
01[11:35] {@Threei} Long Setup:  WMT  86 break
01[11:35] {@Threei}  If holds  .90
01[11:40] {@Threei}  Invalidated
01[11:40] {@Threei} Long Setup:  VXX  .80 brteak
01[11:41] {@Threei}  If holds  .70
01[11:41] {@Threei}  1:1
01[11:45] {@Threei}  1:2
01[11:46] {@Threei}  1:3
[11:47] {JoebiWan} ty vad
01[11:47] {@Threei}  1:5
01[11:48] {@Threei}  out
01[11:48] {@Threei}  yw
01[11:48] {@Threei}  China's role as a world growth engine has been fading, and the +7.4% total GDP gain in 2014 was lowest in 24 years.
01[11:48] {@Threei}  lol
01[11:49] {@Threei}  Crude and natural gas prices are lower in US trading, with WTI around $46.70 while natural gas is giving up last week's cold-snap gains
[12:01] {nemo} BABA
[12:16] {nemo} http://goo.gl/PBqry  you'll need time to read this
[12:20] {nemo} vxx
01[12:20] {@Threei} Long Setup:  NBL  .75 break
01[12:20] {@Threei}  If holds  .65
01[12:34] {@Threei}  no go
01[12:38] {@Threei} Long Setup:  BWA  .40 break
01[12:38] {@Threei}  If holds  .30
01[12:40] {@Threei}  stop .34
01[12:42] {@Threei}  1:1
01[12:43] {@Threei}  1:2
01[12:51] {@Threei}  1:3
01[12:51] {@Threei}  funny day
01[12:51] {@Threei}  constant back and forth
01[12:51] {@Threei}  thank goodness winners are much larger
[13:14] {nathan} hi all
01[13:14] {@Threei}  hey nathan
[13:15] {nathan} hope u had a great morning
01[13:15] {@Threei}  uneven but positive
01[13:19] {@Threei} Long Setup:  NBL  .65 break
01[13:19] {@Threei}  If holds  .55
01[13:22] {@Threei}  ugh... BWA was worth another entry, on pullback and recross of .60
01[13:26] {@Threei}  nathan, look private message pls
[13:34] {nemo} VXX
[13:35] {nathan} have fun guys! hope to c u soon
[13:40] {dino} oww spike
[13:40] {dino} halt
01[13:40] {@Threei}  OWW Said to be working with advisors following interest from PE firms
[13:52] {RonS} Salix Pharmaceuticals Exploring Options, Including Potential Sale -Reuters
01[13:53] {@Threei}  NFA reportedly considering adjusting leverage standards for retail FX trading in light of recent SNB moves on the Franc floor
[13:53] {RonS} ...value added...
01[13:53] {@Threei}  ph no... stupid gamblers won't be able to trade commissions-free with 1:100 margin on fake quotes in non-existing market??
01[14:00] {@Threei}  frikin NBL
01[14:00] {@Threei}  rinsed
01[14:03] {@Threei}  lol Ron... I just learned about state of the union tonight and understood your earlier remark
01[14:03] {@Threei}  [10:32] {dino} bs is .51
01[14:03] {@Threei}  [10:33] {RonS} bs happens tonight...
01[14:04] {@Threei}  see, I am not hopeless, I just lack point of reference sometimes
[14:07] {RonS} ya, easy to miss when not in US
[14:10] {dino} lol
[14:16] {JoebiWan} hal short?
01[14:16] {@Threei}  can't tell
01[14:19] {@Threei}  long seems to be more likely
01[14:32] {@Threei} Long Setup:  SWHC  .75 break
01[14:32] {@Threei}  Invalidated
01[14:53] {@Threei} Long Setup:  VXX  .75 break
01[14:53] {@Threei}  If holds  .65
01[14:59] {@Threei}  no go
01[15:02] {@Threei}  rinse...grrr
[15:03] {dino} outr sm l .83
[15:04] {nemo} they're holding this market of for the SOTU and Draghi on Thursday
[15:05] {dino} yeah, feels dead
[15:07] {nemo} think vxx works now
[15:08] {nemo} well, maybe not
01[15:08] {@Threei}  probably up
[15:09] {nemo} SPY walking the topside of a channel
[15:10] {dino} outr no go, stopped
01[15:11] {@Threei} Long Setup:  IWM  .45 break
01[15:11] {@Threei}  If holds  .35
01[15:15] {@Threei}  Victoria has the second least affordable market in Canada and the 34th least affordable market in the world.
[15:16] {nemo} and some nasty inhabitants
[15:16] {RonS} lol
[15:16] {nemo} that was too easy
[15:16] {nemo} VXX
01[15:16] {@Threei}  that we have
01[15:17] {@Threei}  and one crazy mayor
01[15:17] {@Threei}  which is about to compete with rob ford
[15:17] {nemo} and that frickin' musician
[15:17] {RonS} not really true...nicer there than any town i have been to in the US
01[15:17] {@Threei}  1:1
[15:19] {dino} i hear the shis-ka-bob in victoria is pretty good
01[15:19] {@Threei}  our population is so left, the only right wing politician won 3 elections in a row purely on left wing 3-party vote split
[15:19] {RonS} that is hilarious
01[15:19] {@Threei}  and totally true
[15:19] {nemo} you have nothing on Cambridge
01[15:20] {@Threei}  He served in the House of Commons from 1997 to 2011, first as a member of the Reform Party of Canada and subsequently as a member of the Canadian Alliance and the Conservative Party of Canada.
01[15:22] {@Threei}  actually he won 5 elections, 2 of them with less then 40%
[15:23] {RonS} if he was O would claim actually got 50%+ if counted those who did not vote...
01[15:25] {@Threei} Long Setup:  DAL  49 break
01[15:25] {@Threei}  If holds  .90
[15:26] {dino} lol ron
01[15:26] {@Threei}  since this is big news week as nemo puts it, going to change strategy to predominantkly DKTK plays starting tomorrpw
[15:27] {dino} deck booted
[15:27] {nemo} poor dino
[15:28] {nemo} all I can say to that is, "Ugg!"
[15:28] {dino} i know, i tried and i shouldn't have
[15:28] {nemo} mmmhhhhhh....crickets
01[15:30] {@Threei}  1:1
[15:36] {dptl} gn all see ya tomorrow
[15:37] {dino} gn dp
01[15:37] {@Threei}  1:2
01[15:38] {@Threei}  take care dp
[15:40] {pamsv} thanks - gn!
01[15:40] {@Threei}  you too pam
01[15:51] {@Threei}  ok, closed last play
01[15:51] {@Threei}  thank you all, have a good evening
01[15:51] {@Threei}  see you tomorrow

Market Week Wrap-up

TradeTheNews.com Weekly Market Update: Swiss Mess
Fri, 16 Jan 2015 16:08 PM EST

The Swiss National Bank roiled global markets this week by unceremoniously removing the 1.2000 floor put under the EUR/CHF cross back in 2011, prompting the franc to gain as much as 35% versus the euro on Thursday. Social media christened the move "Francogeddon" and the CEO of Swatch called it a tsunami. SNB Chief Jordan said his strategy was to "take markets by surprise," and he succeeded. The SNB move was widely taken as another confirmation that the ECB will move on its QE program next week. Just 24-hours earlier the EU's highest court gave the ECB a green light to proceed with QE, even as December euro zone CPI data showed most member states in negative inflation. Front-month WTI and Brent crude reached parity on Tuesday for the first time since the summer of 2013, as both February contracts traded below $46, but prices regained some ground later in the week. In the US, December inflation readings slipped lower, giving the doves on the Fed ammunition for their arguments that rate hikes can wait. Note that the yield on the 10-year UST has contracted nearly every session in January, and traded as low as 1.70% after the SNB's move on Thursday. Gold rallied pushing the futures back above the 200-day moving average for the first time since late summer. For the week, the DJIA fell 1.3%, the S&P500 dipped 1.2% and the Nasdaq lost 1.5%.

Eleven out of 18 euro zone nations reported negative inflation rates for the month of December, while total Eurozone CPI in December was -0.2% y/y, at its lowest rate since September 2009. The biggest downward impacts in the reports were from fuel prices, clearly demonstrating the impact of the oil meltdown. ECB's Coeure responded to the data by saying the euro zone is still not in deflation but the risk of deflation has worsened.

With inflation on a slippery slope, few doubt that the ECB QE is right around the corner (the SNB least of all). On Wednesday, the European Court of Justice handed down a non-binding opinion that the 2012 OMT bond-buying blueprint did not break EU law. Anti-QE German hawks had brought the case, hoping to forestall what they saw was bad policy. Not surprisingly, Bundesbank Chief Weidmann claimed the court's opinion also showed that there were legal limits on the ECB, citing commentary in the opinion that said the ECB's activities need safeguards to prevent violations of the prohibition against direct financing of governments. By Friday reports were suggesting Draghi presented Merkel and her staff a plan for QE that they could live with which will be centered on national central banks purchasing their own countries bonds.

US rates saw a wild week of trading as events in Europe and Asia, softer US economic data along with sliding commodity prices kept downward pressure on inflation expectations. The 5-year forward breakeven rate fell to its lowest level since 1999 and the 5-year TIPS breakeven fell below 1.2% after surprise central bank moves overseas. The US 10-year yield plunged through the October low to trade as low as 1.70% at one point, down close to 30 basis points on the week. Short rates fell also, leading traders to bid up Fed fund futures contracts, pushing out rate hike expectations modestly towards Q3 2015.

The strength of the US holiday shopping season is still in doubt after disappointing retail sales data for December. The Advance Retail Sales reading on Wednesday was a worse than expected -0.9% m/m, and still disappointed after removing the volatile auto sales segment. Meanwhile, shares of Best Buy and Tiffany both fell hard, after the electronics retailer said holiday sales fell slightly y/y while the jeweler cut its FY15 forecast citing headwinds from the strong dollar.

The Q4 earnings reporting season kicked off with Alcoa's numbers on Monday afternoon. Alcoa's earnings were better than expected on decent automotive demand, higher aluminum prices and lower energy costs, although its FY15 global aluminum demand growth forecast was in line with FY14's +7% y/y estimate, and it warned of a possible decline in commercial transport production in FY15.

JP Morgan, Bank of America, and Citibank all missed expectations and saw both earnings and revenue slip lower y/y in fourth-quarter earnings reports. Results from the three banks were weighed down by charges, civil penalties, and slumping revenue from trading. JP Morgan's fixed income trading revenue fell 23% y/y, the worst performance of the bunch. Goldman Sachs managed to beat earnings expectations, but its earnings and revenue also fell y/y, and its trading unit saw revenue drop 29% y/y in the quarter.

Copper prices slumped to a five year low midweek, with the front-month Comex contract dropping as low as $2.42 a pound. Traders blamed the slide on the World Bank citing the possibility of a "disorderly slowdown" in China as a key factor behind its decision to lower its global growth outlook for 2015 (China accounts for nearly 40% of demand for copper). The big mining names were hit hard, with Glencore down more than 14% and Anglo American off about 10% on Monday and Tuesday.

Data continues to reflect China's gradual economic slowdown, adding to the case for additional PBoC action in the first half of 2015. The China December trade surplus was in line with estimates, but imports fell again, evidence of soft domestic consumption. China's Customs Bureau also remarked that for the entire 2014, trade growth would be just 3.4% - well below the official 7.5% target - and weak conditions could persist in Q1. Foreign direct investment for all of 2014 rose just 1.7%, the slowest rate since 2012. Chinese banks issued 697.3 billion yuan of new loans in December, well below the 800 billion yuan forecasted. Perhaps the most telling was China's 2014 power consumption which is one of Premier Li' favored economic indicators, as its growth slowed to just 3.8% from 7.5% in 2013. The latest economic developments prompted Beijing to add to targeted stimulus, with the PBoC offering 50 billion yuan ($8.1B) in discounted credit to banks to support loans for farmers and small businesses.

In Japan, the Nikkei225 index hit a ten week low, falling 1.9% on the week as global risk aversion zapped yen-funded carry flows. The BOJ will meet next week and offer an update on its CPI and GDP projections, and some Japan-watchers are speculating that the inflation outlook might be revised lower due to plummeting oil prices. After an outsized policy response in October, new large measures are not likely to come any time soon, however there was some chatter that the BOJ would consider an extension to the program that provides low-interest loans for financial institutions to encourage even more lending.

Jan 16 2015

Nice strong day to finish the week, especially thanks to three concluding plays - 1:4, 1:1 and 1:3. Nervous market, but manageable as the result shows.

Session Time: Fri Jan 16 00:00:00 2015

[08:47] {JoebiWan} gm

[08:48] {dino} gm

01[08:51] {@Threei}  morning guys

01[09:10] {@Threei}  dino, is it long term play or just overnight, your EWG calls?

[09:17] {RonS} gm... pcp smoked

[09:18] {dino} longer

[09:18] {RonS} fxcm... customers -$225 million on swiss franc move

01[09:18] {@Threei}  ron :)

[09:18] {dino} euro decision 1/22

01[09:18] {@Threei}  ok... too many moving parts, with Greece especially

[09:25] {dino} took ewg july calls, bought time

[09:26] {dptl} gm

01[09:26] {@Threei}  dp :)

[09:29] {ese} morning

01[09:30] {@Threei}  ese :)

01[09:32] {@Threei} Long Setup:  VXX  36 break

01[09:33] {@Threei}  If holds  .90 

[09:33] {ese} L flml .30

01[09:34] {@Threei}  no go

01[09:34] {@Threei}  [EUR/USD] EUR/USD Sets fresh multi year lows; EUR/CHF back at parity

01[09:35] {@Threei}  Upside:

01[09:35] {@Threei}  -CRRC +35% (take-over offer)

01[09:35] {@Threei}  -EOPN +15% (reportedly hired advisor to find a buyer for the company)

01[09:35] {@Threei}  -DEPO +8% (acquired US rights to NUCYNTA for $1.05B)

01[09:35] {@Threei}  Downside:

01[09:35] {@Threei}  -FXCM -85% (SNB decision fallout)

01[09:35] {@Threei}  -PCP -11% (earnings)

01[09:35] {@Threei}  -TESS -11% (earnings - low volume)

01[09:35] {@Threei}  -GCAP -5% (SNB decision fallout)

01[09:35] {@Threei}  -IBKR -3.8% (SNB decision fallout)

[09:35] {ese} out flml .75 +.44

[09:35] {dino} ibkr, due to swiss franc moves yesterday, several clients suffered losses in excess of their deposits, estimated at approx $120 million in losses

01[09:35] {@Threei} Short Setup: FB  .40 break

01[09:36] {@Threei}  If holds  .50 

[09:36] {nemo} shorts had a great week, looks like they're covering

[09:36] {ese} thats was your full fledged demonstration of BS luck there with flml

01[09:37] {@Threei}  1:1  

[09:37] {dino} ese, better lucky than good, gj

[09:37] {ese} ya thats for sure.......

[09:39] {ese} one of the few times when I chuck in a limit order that it actually fills properly and the price that i wanted as well bs luck

01[09:41] {@Threei} Long Setup:  TWTR  .60 break

01[09:41] {@Threei}  too wide spread for entry

01[09:41] {@Threei}  1:1, so back off

[09:42] {ese} and now for the good news...................?

[09:42] {ese} waitin for it aren't ya.................?

01[09:42] {@Threei} Long Setup:  DAL  .40 break

01[09:42] {@Threei}  If holds  .30 

[09:42] {ese} This may be my last day on the board until july ?

[09:43] {dino} gotta hop for 20 or so

[09:43] {nemo} one can only hope

[09:43] {RonS} sorry here for me if true ese...

[09:44] {ese} ya it's looking that way....i looks as though i've been assigned to teach a band class this semester at 7:00

[09:44] {nemo} damn student molestation charges catch up with you?

[09:44] {ese} lol

[09:44] {ese} ya well ,........ya ain't done with me that easily

01[09:44] {@Threei}  no go

[09:45] {nemo} you're kinda' like herpes...you never truly go away

[09:45] {ese} discussion with the principal today.......

[09:45] {ese} indeed

01[09:45] {@Threei}  German DAX touches fresh record highs above 10,093

[09:48] {ese} tks Ron......i'll be back.  the strike thing has buggared up alot of stuff including the amount of class time for my band.....to make iup the full amount of minutes we can add the extra time on in the morning 15min a day 7 to 8:30 right now the class is 65 min not enough

[09:48] {ese} 25min not 15

[09:49] {nathan} gm

01[09:50] {@Threei} Long Setup:  FB  .40 break

01[09:50] {@Threei}  late...

01[09:50] {@Threei}  nathan :)

01[09:50] {@Threei}  in on pullback

01[09:50] {@Threei}  .34 dtop

01[09:50] {@Threei}  stop

[09:51] {nemo} aapl very weak that will weigh on indexes

01[09:52] {@Threei} Long Setup:  DAL  .20 break

01[09:52] {@Threei}  If holds  .10 

01[09:53] {@Threei}  Invalidated  

01[09:59] {@Threei} Long Setup:  DAL  .10 break

01[09:59] {@Threei}  If holds  45 

01[10:00] {@Threei}  (US) JAN PRELIMINARY UNIVERSITY OF MICHIGAN CONFIDENCE: 98.2 V 94.1E -

01[10:00] {@Threei}  1:1  

[10:04] {RonS} who was the rocket scientist that came up w/ the symbol QADA... some guy maned Al?

01[10:04] {@Threei}  lol

01[10:05] {@Threei} Short Setup: FB  .40 break

01[10:05] {@Threei}  If holds  .50 

01[10:05] {@Threei}  1:1  

01[10:06] {@Threei} Short Setup: TWTR  .60 break

01[10:06] {@Threei}  If holds  .70 

[10:07] {ese} ya no kidding ron...........

01[10:07] {@Threei}  1:2  FB 

01[10:08] {@Threei}  trail TWTR to .66

[10:09] {dino} .

01[10:09] {@Threei}  1:1  TWTR 

01[10:15] {@Threei} Long Setup:  FB  .25 break

01[10:15] {@Threei}  If holds  .15 

01[10:16] {@Threei}  1:1  

[10:22] {dino} aavl sm l .76 ave

01[10:23] {@Threei} Long Setup:  OWM  .25 break

01[10:23] {@Threei}  ugh

01[10:23] {@Threei}  late

01[10:23] {@Threei}  jumped

01[10:24] {@Threei}  The head of LUKoil, Russia's biggest private oil company, said Friday that the price of crude could dive to $25 per barrel - half it's current value and less than a quarter of the price last summer. His prediction came amid a chorus of similar warnings.

01[10:25] {@Threei} Long Setup:  WMT  .60 break

01[10:25] {@Threei}  If holds  .50 

01[10:26] {@Threei}  frikin IWM...

01[10:29] {@Threei}  1:1  

[10:30] {dino} the big boys in oil are going to add reserves on the cheap, buying up the assets of the little guys that will fail

01[10:32] {@Threei}  and eventually will find reasonable price which is probably not $25... but I really doubt we will ever see those sky-high prices either

[10:34] {dino} ever is a long time, but nobody knows

01[10:35] {@Threei}  well... nemo measures "ever" in bottles...

01[10:36] {@Threei}  1 bottle is "never" enough... 20 - "am I ever so happy"

01[10:38] {@Threei} Long Setup:  IWM  .50 break

01[10:38] {@Threei}  If holds  .40 

01[10:41] {@Threei}  1:1  

[10:41] {dino} vdsi sm l .52

01[10:41] {@Threei}  1:2  

01[10:42] {@Threei}  closed last piece on a trail

[10:43] {dino} if they can't take them down soon, gut says up we go

01[10:43] {@Threei}  The Russian government missed the deadline on Jan. 15 for paying $50 billion to the shareholders of defunct oil company Yukos in what has been called the largest commercial lawsuit in history.

[10:46] {dino} 07 fast green

[10:49] {dino} confusal market

[10:50] {dino} asps vsm l .70

[10:52] {dino} out asps .75, +1.05

[10:52] {JoebiWan} gj

[10:52] {dino} ty, 07 kicked it out about 20x, but i remembered it dropped about 12 points last week, so went long

[10:53] {dino} 'aavl stuck, out .05, +.29

01[10:54] {@Threei}  Google is ending sales of its Google Glass eyewear.

01[10:54] {@Threei}  The company insists it is still committed to launching the smart glasses as a consumer product, but will stop producing Glass in its present form.

[10:55] {dino} out vdsi .84, +.32

01[11:04] {@Threei} Long Setup:  VXX  .10 break

01[11:04] {@Threei}  If holds  36 

01[11:06] {@Threei}  stop .04

01[11:06] {@Threei}  1 cent to 1:1

01[11:07] {@Threei}  meh

01[11:12] {@Threei}  rinse

01[11:16] {@Threei}  1:2... somg

01[11:24] {@Threei}  SPY, breakdown or bounce

01[11:25] {@Threei} Long Setup:  VXX  .30 break

01[11:25] {@Threei}  If holds  .20 

01[11:27] {@Threei}  1 cent to 1:1 again??

01[11:27] {@Threei}  come on

01[11:28] {@Threei}  1:1  

01[11:28] {@Threei}  whew

[11:30] {nemo} VXX will be easier afternoon play today

01[11:32] {@Threei}  is it long weekend?

[11:32] {nemo} yep

01[11:34] {@Threei}  The Swiss mess has claimed at least two FX trading firms as victims today. In the UK, broker Alpari Ltd went bankrupt, and in the US shares of FXCM fell 88%. The company was said to be in breach of some capital requirements after clients generated combined negative equity balances of $225M from CHF losses. There was talk that Deutsche Bank and Barclays had seen massive losses on the franc, while shares of the Swiss banks fell further today.

[11:51] {dino} wow fxcm -11 today, at 1.48

01[11:52] {@Threei}  frikin VXX

01[11:53] {@Threei} Long Setup:  VXX  .50 break

01[11:53] {@Threei}  .c .40

01[11:53] {@Threei}  aggressive for all-out .60 break

01[12:02] {@Threei}  no go

[12:03] {RonS} cvgw guacamole

01[12:22] {@Threei}  hmmm

01[12:22] {@Threei}  (DE) ECB said to have come up with a QE bond buying plan that would acceptable to Germany; would include individual national banks purchasing their own country's bonds - press - would include a ceiling of 20-25% for how much a central bank can purchase of Govt debt; Greece would not participate in scheme as its debt would not fulfill certain quality criteria

01[12:23] {@Threei}  individual national banks purchasing their own country's bonds?

01[12:23] {@Threei}  how does that make sense if they do not issue their own currency?

01[12:27] {@Threei} Short Setup: DAL  .10 break

01[12:27] {@Threei}  If holds  .20 

01[12:34] {@Threei}  1:1  

01[12:39] {@Threei} Long Setup:  VXX  .90 break

01[12:39] {@Threei}  If holds  .80 

01[12:40] {@Threei}  Invalidated  

01[12:40] {@Threei}  for now

[12:43] {dino} aal l .76

[12:46] {dino} wow/damn asps

[12:46] {dino} +11 and i only took 1

01[12:51] {@Threei}  [C] Said to peg recent foreign exchange losses at $150M

01[12:51] {@Threei}  (US) Pres Obama: US and UK agree on the need to maintain strong sanctions against Russia until it ends its aggression in Ukraine - US/UK press conf

01[12:51] {@Threei}  oh, so it will be like another Cuba

01[12:51] {@Threei}  in 50 years sanctions maybe lifted

[12:52] {dino} ala cuba

[12:52] {dino} aal out .97, +.22

01[12:53] {@Threei} Long Setup:  VXX  .30 break

01[12:53] {@Threei}  If holds  .25 

01[12:54] {@Threei}  1:1  

01[12:56] {@Threei}  1:2  

01[12:56] {@Threei}  closed

[12:58] {dino} gj

01[12:58] {@Threei}  ty

01[12:58] {@Threei}  nervous day

01[12:58] {@Threei}  swiss really shook the markets

[13:00] {dino} no kidding

01[13:06] {@Threei} Long Setup:  IWM  .90 break

01[13:06] {@Threei}  If holds  .80 

[13:17] {RonS} holy cow kite 

01[13:21] {@Threei}  wtf

01[13:22] {@Threei}  (GR) EMU said to be evaluating new bailout loans for Greece as the precautionary credit line may not be enough

01[13:22] {@Threei}  black hole

01[13:23] {@Threei}  NY Post twitter account appears to have been hacked Apparently false tweets running on NY Post twitter handle in last few minutes say: - "BREAKING: Federal Reserve head Yellen announces bail-in in emergency meeting, rumored negative rate to be set at 4pm EST today."- "BREAKING: Chinese anti-ship missile fired at USS George Washington."

01[13:24] {@Threei}  sheesh... New York Post ‏@nypost 17m17 minutes ago

01[13:24] {@Threei}  US Joint Chief of staff: USS George Washington damaged, US navy now engaged in active combat against Chinese vessels in South China sea.

01[13:27] {@Threei}  will we get real panic today, or just float into eod of day

01[13:40] {@Threei} Long Setup:  VXX  .70 break

01[13:40] {@Threei}  If holds  .60 

01[13:45] {@Threei}  1:1  

01[13:46] {@Threei}  United Press International (UPI) notes that its Twitter account has been hacked

01[13:47] {@Threei}  so basically whatever you read on Twitter is guaranteed truth only if it's boring as hell and means nothing

[13:49] {RonS} sounds like a bad attitude to me...

01[14:09] {@Threei}  feels like serious downdraft stars

01[14:09] {@Threei}  starts

01[14:11] {@Threei} Long Setup:  VXX  .60 break

01[14:11] {@Threei}  If holds  .50 

01[14:13] {@Threei}  1:1  

01[14:16] {@Threei}  1:2  

01[14:16] {@Threei}  want this one to give us 1:5

01[14:17] {@Threei}  trailing by a few cents looser than usual

01[14:17] {@Threei}  stop is .64 for now, not standard .69

[14:18] {cosmo} US navy now engaged in active combat?

[14:18] {cosmo} wha?

01[14:18] {@Threei}  hacked twotter account, cosmo

[14:18] {nemo} twitter account hacked cosmo..no worries

01[14:18] {@Threei}  twitter

[14:19] {nemo} yeah, was gonna' say Vad

[14:19] {cosmo} whew...just woke up

01[14:19] {@Threei}  lol

[14:19] {JoebiWan} LOL

01[14:19] {@Threei}  imagine, man wakes up from his afternoon nap to WW3

[14:20] {nemo} it's called marriage

01[14:20] {@Threei}  "boy, that was real POWER nap"

[14:20] {cosmo} our maybe never wake up if its right on target

[14:20] {cosmo} or

01[14:20] {@Threei}  good option, actually

[14:20] {cosmo} its painless they say

01[14:21] {@Threei}  and no torturing thought "maybe it's my fault, if I weren't asleep it might not have happened"

[14:22] {cosmo} a really bad dream can do it

01[14:22] {@Threei}  kind of that stupid joke (attention Ron!)

01[14:22] {@Threei}  - doctor, I ate candy with foil wrap... will die?

01[14:23] {@Threei}  - doctor, philosophically: well, everyone will die...

01[14:23] {@Threei}  - EVERYONE?? Oh my god, what have I done!

[14:24] {cosmo} and some say death is only a hoax

01[14:24] {@Threei}  and dare us to disprove it?

01[14:25] {@Threei}  ok, to .69 now

01[14:27] {@Threei}  1:3  

01[14:27] {@Threei}  looser trailing pays off

01[14:28] {@Threei}  stop to .74

01[14:31] {@Threei}  1:4

01[14:32] {@Threei}  .84 now

01[14:36] {@Threei}  The year 2014 was the hottest Earth has seen since record-keeping began in 1880.

01[14:36] {@Threei}  ??

01[14:36] {@Threei}  where do they get this data?

01[14:36] {@Threei}  sounds like total bs to me

01[14:37] {@Threei}  whole winter/spring half of the world were complaining about record cold

01[14:39] {@Threei}  stop to .89

01[14:41] {@Threei}  closed

[14:41] {JoebiWan} good one

01[14:41] {@Threei}  ty

[14:52] {pamsv} thanks guys - have a good weekend!

01[14:53] {@Threei}  you too pam

01[14:55] {@Threei}  one more leg down and another play should be ready

01[14:59] {@Threei} Long Setup:  VXX  .60 break

01[14:59] {@Threei}  If holds  .50 

01[15:00] {@Threei}  1:1  

[15:02] {dptl} good weekend all see you tue.

01[15:02] {@Threei}  take care dp

[15:04] {dino} cya dp

[15:04] {dino} zzzzzzzzzzzzzzzzzzzzzzzzzzzzz

[15:04] {dino} looking at some banks w/big shale oil/gas exposure

[15:05] {dino} blue spike

[15:21] {RonS} good weekend to all...be sure and pay homage to the patron saint of adultery :)

01[15:21] {@Threei}  lol

[15:24] {dino} where'd that come from?

01[15:25] {@Threei}  save this for Ron for tuesday :)

01[15:33] {@Threei} Long Setup:  IWM  .25 break

01[15:34] {@Threei}  If holds  .15 

01[15:34] {@Threei}  Canada had coldest year since 1996

01[15:34] {@Threei}  shrug

[15:35] {dino} yes and my area broke 80 year old record for most consequtive days in single digits

01[15:36] {@Threei}  heh

[15:36] {dino} the world goes thru cycles, there have been 5 or so warming and cooling periods since the 1500s

01[15:37] {@Threei}  NatGeo is getting ridiculous in this ideological rave

[15:38] {dino} heck i remember my environmental geography college clas in the '80s warning us of an upcoming deep freeze and running out of oil by 2000

01[15:38] {@Threei}  1:1  

[15:39] {cosmo} they fired thoe true scientists dino

[15:39] {cosmo} the

[15:41] {cosmo} replaced them with political scientists and stand up comidians

01[15:41] {@Threei}  1:2  

01[15:41] {@Threei}  rally into long weekend

01[15:42] {@Threei}  so, who promotes global warming and peak oil, cosmo? real scientist or political ones?

[15:42] {cosmo} no peak oil though... it never runs out

[15:43] {cosmo} political ones promote warming and peak oil too

01[15:44] {@Threei}  ok... for once we agree on something :)

[15:44] {cosmo} true scientist are out of work for over 20 years now

01[15:44] {@Threei}  1:3  

01[15:45] {@Threei}  out

01[15:45] {@Threei}  happy to end the week on this note

[15:45] {JoebiWan} ty. cya all

01[15:45] {@Threei}  have a great long weekend guys

01[15:45] {@Threei}  see you tuesday

[15:45] {dino} baffles me that they can acknowledge that space deviations and sunspots can affect sattilites, but not the earth's temperature, while it hurtles millions of miles/hour through space

01[15:46] {@Threei}  here is a lot of baffling things in that debate

Jan 15 2015

Jerky day with a lot of direction changes. Coming out positive thanks to winners running much larger than stopped trades.

Session Time: Thu Jan 15 00:00:00 2015
[08:45] {dino} gm
[08:46] {JoebiWan} morning dudes
[08:47] {JoebiWan} dino, what do you use to scan for your trades?
[08:47] {dino} top 25 gainers/losers and my 07 scrolling scanner of 25
[08:48] {dino} top 25 for open hour. 07 for remainder of day
[08:48] {JoebiWan} 07 scrolling scanner?
[08:50] {dino} my parameters
01[08:51] {@Threei}  morning guys
[08:53] {JoebiWan} what software? madscan?
[08:56] {dino} joebi, street smart edge provides for free
[08:57] {JoebiWan} okay. ty
[08:57] {dino} dcc joe
[09:01] {nemo} Interesting, the Swiss nuke the international markets and we're positive
01[09:04] {@Threei}  what did they do?
[09:05] {nemo} de pegged the CHF from the Euro
[09:05] {nemo} Swiss markets dropped almost 15%
[09:05] {nemo} Hey Joebi, I now get pro deals on H&K and Steyr
[09:05] {nemo} oh, and Benelli
[09:07] {JoebiWan} right on nemo
[09:07] {nemo} 40%
[09:08] {RonS} gm...check this out...will never have to wonder when europe closes...and notice to the right it can be in russian:  http://market24hclock.com/
[09:09] {nemo} look at USD/CHF
01[09:09] {@Threei}  ron :)
01[09:10] {@Threei}  cool site
[09:10] {nemo} yeah, looks neat
[09:12] {RonS} The Grand Budapest Hotel:  a very enjoyable movie
[09:12] {nemo} yeah, Ralph Fiennes was amazing in that...and the cast
[09:12] {RonS} totally missed that kietel was in there
[09:13] {RonS} Fiennes ranks with Daniel Day Lewis imo...superb actors
[09:16] {RonS} canuckians will have to put away their guns now...
[09:16] {RonS} ...no more tgt
[09:20] {dino} what do the swiss know, huge qe coming for euro?
01[09:20] {@Threei}  no one noticed their arrival, no one will cry when they leave
01[09:20] {@Threei}  empty shelves, disarray in the stores
01[09:21] {@Threei}  was quite weird expedition on their part
[09:22] {RonS} ya, was in one last weekend...seems like the bean counters are running the company...long term disaster for a merchandising company
[09:22] {dptl} gm
01[09:22] {@Threei}  dp :)
01[09:22] {@Threei}  US stores way better stocked
01[09:23] {@Threei}  here it was like "why is it even a store, it's more like half-empty storage"
[09:24] {RonS} "you can't sell anything from an empty wagon"  quote from the days on the US frontier when the merchants traveled for town to town before any stores...
[09:25] {nemo} wow that market clock website a resource eater
[09:25] {RonS} really? how much
[09:26] {dino} oil keeps dropping, russia may have to sell itself to china
[09:26] {nemo} 20% of my processor
[09:26] {RonS} ...or invade Europe?
[09:27] {RonS} wow nemo
[09:27] {nemo} bring up task manager and watch your browse CPU % with it on then shut it off
01[09:28] {@Threei}  chinese won't buy, dino... a few months more, they'll get it for free
01[09:28] {@Threei}  Upside:
01[09:28] {@Threei}  -PPC +15% (announced special dividend)
01[09:28] {@Threei}  -JRJC +12% (entered strategic alliance with China International Capital Corp.)
01[09:28] {@Threei}  -MUX +10% (Q4 production)
01[09:28] {@Threei}  -TGT +5.2% (guides Q4 higher than estimates)
01[09:28] {@Threei}  -NVS +3.7% (SNB move - Swiss stocks broadly higher including: ABB, CS, SYT, UBS
01[09:28] {@Threei}  -RIG +3.4% (oil price movement - concern over continuing energy sector downward move; CVX, OIH, SLB, XLE, TDW all also up 1-3% on the news)
01[09:29] {@Threei}  Downside:
01[09:29] {@Threei}  -EHTH -51% (earnings)
01[09:29] {@Threei}  -RSH -30% (preparing for bankruptcy filing as early as next month)
01[09:29] {@Threei}  -BBRY -15% (not in talks with Samsung)
01[09:29] {@Threei}  -BBY -11% (holiday sales)
01[09:29] {@Threei}  -BAC -3.4% (earnings)
01[09:29] {@Threei}  -DG -2.5% (rumors that DLTR won the battle to acquire FDO)
[09:30] {RonS} hmmm, mine never goes over 13% with everything else running too
01[09:33] {@Threei} Long Setup:  FB  .20 break
01[09:33] {@Threei}  If holds  .10
01[09:34] {@Threei}  change to .10 break
01[09:34] {@Threei}  Invalidated
01[09:35] {@Threei} Long Setup:  FB  76 break
01[09:35] {@Threei}  If holds  .90
01[09:36] {@Threei}  lol
01[09:36] {@Threei}  teleprtation
01[09:36] {@Threei}  ok, valid once more
01[09:37] {@Threei}  1:1
[09:37] {nemo} can u say "volatility"
01[09:40] {@Threei} Long Setup:  FB  .80 break
01[09:40] {@Threei}  .70
[09:40] {RonS} Raoul Pal: "volatility in the currency markets will lead to volatility in all markets"
01[09:40] {@Threei}  If holds  .60
01[09:40] {@Threei}  Invalidated
[09:42] {dino} shocking
01[09:43] {@Threei} Long Setup:  IWM  116 break
01[09:43] {@Threei}  If holds  .90
[09:43] {RonS} crude hod 51.73 now 49.02
01[09:43] {@Threei}  1:1
01[09:50] {@Threei} Long Setup:  IWM  .90 break
01[09:50] {@Threei}  If holds  .80
01[09:51] {@Threei}  1:1
[09:52] {dino} podd, wow on downgrade
[09:52] {dino} aavl pulp
[09:54] {dino} podd sm l .55
01[09:54] {@Threei} Long Setup:  VXX  .60 break
01[09:55] {@Threei}  If holds  .50
01[09:55] {@Threei}  1:1
[09:55] {dino} podd stop is .19
01[09:56] {@Threei}  1:2
01[09:58] {@Threei}  1:3
01[09:58] {@Threei}  out
[09:59] {dino} ubt spike
[09:59] {dino} widdeee
01[10:00] {@Threei}  *(US) JAN PHILADELPHIA FED BUSINESS OUTLOOK: 6.3 V 18.7E
[10:00] {RonS} 30-year-mortgage rate falls to 3.66%
[10:01] {RonS} kors sm l 66.50
[10:01] {dino} aavl smr l .67
[10:02] {dino} hooker
01[10:02] {@Threei} Short Setup: TWTR  .60 break
01[10:02] {@Threei}  If holds  .70
01[10:02] {@Threei}  Invalidated
01[10:03] {@Threei}  valid again
[10:05] {dino} aavl out .09, +.42
[10:05] {JoebiWan} gj
[10:05] {dino} ty
[10:06] {nemo} well that blew right through
01[10:07] {@Threei}  1:1
[10:08] {dino} out podd .62 ave, +1.07
[10:10] {dino} tough crowd
[10:11] {RonS} get a dog
[10:11] {RonS} :)
[10:11] {dino} have one, on floor in my office
[10:11] {RonS} step on it if you want some action
[10:12] {dino} 07 red
[10:12] {dino} thats just mean
[10:12] {RonS} nemo trainedme
01[10:12] {@Threei}  lol
[10:12] {dino} juno drop
[10:13] {nemo} I don't hurt animals
01[10:13] {@Threei} Long Setup:  IWM  .60 break
01[10:13] {@Threei}  If holds  .50
01[10:13] {@Threei}  1:1
01[10:14] {@Threei}  1:2
[10:15] {dino} out fxe puts from 2 weeks ago, +1.00 / 35%
[10:15] {dino} thank you swiss
[10:15] {RonS} gj
[10:16] {dino} thx
[10:16] {dino} airlines going green
01[10:16] {@Threei}  1:3
[10:16] {dino} 07 just swung all green scroll
[10:16] {dino} giddy up
01[10:16] {@Threei}  1:5
01[10:16] {@Threei}  out
[10:16] {JoebiWan} gj vad
01[10:16] {@Threei}  finally got a real one
01[10:17] {@Threei}  ty
[10:17] {dino} tna hl l .64
[10:18] {dino} gj vad
[10:18] {dino} tna bad entry, out .55, -.09
[10:19] {dino} damn
[10:20] {dino} tna sm l .72
[10:20] {dino} gut says green
[10:23] {dino} dji green
[10:26] {dino} s/p green
[10:26] {dino} out tna .02, +.30
[10:29] {dino} atnm drop
01[10:29] {@Threei}  MTW Seeing put activity3100 Mar 15 puts trade at the ask
[10:30] {JoebiWan} out tna +.51
[10:30] {dino} wtg
[10:30] {RonS} gj
01[10:30] {@Threei}  nice
[10:30] {JoebiWan} ty
01[10:33] {@Threei} Long Setup:  VXX  .40 break
01[10:33] {@Threei}  If holds  .30
[10:33] {nemo} probably gonna' take IWM green first
01[10:33] {@Threei}  Invalidated
[10:37] {dino} cmrx drop
01[10:43] {@Threei}  VXX seriously got away
01[10:47] {@Threei} Long Setup:  DAL  .65 break
01[10:48] {@Threei}  If holds  .55
01[10:49] {@Threei}  nope
01[10:59] {@Threei} Long Setup:  DAL  .50 break
01[10:59] {@Threei}  If holds  .40
01[11:01] {@Threei}  1:1
[11:12] {RonS} juno gone pulp
[11:15] {dino} small gap around 40.15
[11:15] {RonS} ?
[11:16] {dino} juno
01[11:22] {@Threei} Long Setup:  MCD  .10 break
01[11:22] {@Threei}  If holds  91
01[11:33] {@Threei}  1:1
01[11:35] {@Threei}  The Swiss National Bank sent shockwaves through global markets this morning as it abandoned its 1.20 EUR/CHF line in the sand first implemented back in 2011. European equity indices at first dropped into the red but have since bounced higher and are closing not far from their highs. US equities have been more choppy, thanks to mixed economic data and poor earnings reports from Citi and BoA
01[11:36] {@Threei}  1:2
01[11:36] {@Threei}  SNB Chief Jordan said that the floor was no longer sustainable and did not make sense any longer. He also insisted that today's decision was not a panic reaction of any kind but was a deliberate move to free up the bank's room to maneuver. EUR/CHF is down 13.5%, with the pair around 1.044 as of writing, and other major currency pairs are reeling.
01[11:37] {@Threei}  and that's demonstration of why Euri us nonsense
01[11:37] {@Threei}  Greece could have done the same long ago, and be on a mend already
[11:37] {nemo} they're getting out of the handcuffs...read the writing on the wall about EUQE
[11:39] {cosmo} not listed
[11:39] {nemo} Tuesday could be interesting next week
[11:39] {dino} correct 3i
[11:40] {dino} never give up your currency
01[11:41] {@Threei}  or in nemo case your spirits
[11:41] {nemo} or guns
[11:41] {dino} but of course
[11:42] {cosmo} or gold
[11:50] {dino} blue drop
[11:51] {dino} bio hell today
[11:55] {RonS} ...shoot the leaders
[11:57] {RonS} bunch of gld call buying
[11:58] {RonS} series of transaction, can't be specific
[11:59] {RonS} ll no floor
[12:01] {RonS} deck getting the boot
[12:02] {RonS} ok, now i feel like dino :(...tough crowd
01[12:05] {@Threei}  lol
01[12:06] {@Threei} Long Setup:  VXX  .25 break
01[12:06] {@Threei}  If holds  .15
01[12:07] {@Threei}  valid still
01[12:08] {@Threei}  Invalidated
[12:11] {dino} lol ron
01[12:18] {@Threei}  crap... VXX got away
01[12:18] {@Threei}  watching for pullback entry
01[12:24] {@Threei} Long Setup:  VXX  .45 break
01[12:24] {@Threei}  SPY more looks like breakdown now than a bounce
01[12:25] {@Threei}  If holds  .35
01[12:26] {@Threei}  no go
[12:31] {RonS} fosl stoned
[12:32] {JoebiWan} petrifying
01[12:33] {@Threei}  lol
01[12:33] {@Threei}  crap... rinse
[12:33] {RonS} lol
[12:33] {RonS} ...to jb
01[12:48] {@Threei} Short Setup: MCD  91 break
01[12:48] {@Threei}  If holds  .10
01[12:54] {@Threei}  no go
[12:59] {RonS} z lights out
[13:08] {RonS} dang podd
01[13:11] {@Threei} Long Setup:  IWM  .90 break
01[13:11] {@Threei}  If holds  .80
01[13:11] {@Threei}  IMF's Lagarde: SNB move on the franc today was a bit of a surprise; SNB Gov Jordan did not contact me about it; Need more cooperation and communication among global institutions
01[13:11] {@Threei}  lol
01[13:12] {@Threei}  wounded pride... how could you not ask my permission
[13:12] {nathan} hi all
01[13:12] {@Threei}  ney nathan
01[13:12] {@Threei}  SNB: IMF who?
01[13:13] {@Threei}  Lagarde: - Do not expect Greece to exit the euro, there is no mechanism for leaving the EMU
01[13:13] {@Threei}  lol... hotel California
01[13:13] {@Threei}  1:1
[13:14] {dino} tna sm l .55
01[13:14] {@Threei}  (DE) ECB's Weidmann (Germany): Court opinion this week indicates that the ECB cannot go ahead on economic policy
01[13:14] {@Threei}  huh?
01[13:14] {@Threei}  I thought court deemed bond purhacses legal
01[13:14] {@Threei}  what did I miss?
01[13:16] {@Threei}  KRFT Hearing company may have cancelled from a conference scheduled for February
01[13:16] {@Threei}  no cheese?
[13:17] {RonS} lol
[13:18] {RonS} how could the king of cheese not laugh at a cheese joke?...
01[13:19] {@Threei}  full of macaroni I guess...
[13:20] {dino} tna stop .30, -.25
01[13:21] {@Threei} Long Setup:  VXX  .40 break
01[13:21] {@Threei}  If holds  .30
01[13:22] {@Threei}  1:1
01[13:24] {@Threei}  1:2
01[13:28] {@Threei} Long Setup:  TEST
01[13:29] {@Threei}  1:3
[13:29] {pamsv} oops no sound..
01[13:31] {@Threei} Short Setup: TEST
01[13:44] {@Threei} Long Setup:  VXX  .80 break
01[13:44] {@Threei}  If holds  .70
01[13:47] {@Threei}  no go
[13:49] {dino} tna sm l .00
01[14:01] {@Threei} Long Setup:  IWM  .75 break
01[14:01] {@Threei}  If holds  .65
01[14:03] {@Threei}  1:1
01[14:06] {@Threei}  1:2
01[14:08] {@Threei}  1:3
01[14:08] {@Threei}  trying for one more leg
01[14:11] {@Threei}  out on a trail
[14:11] {dino} out tna .50, +.50
01[14:11] {@Threei}  wtg
[14:11] {JoebiWan} gj guys
[14:11] {dino} ty, u2
[14:14] {JoebiWan} gg look short?
[14:15] {nemo} can try it with a stop above .75
01[14:15] {@Threei}  no read
[14:16] {JoebiWan} ok ty both
[14:18] {nemo} holds under .60 should be fine
01[14:53] {@Threei} Long Setup:  JPM  .15 break
01[14:53] {@Threei}  If holds  .05
[14:55] {nathan} done for today
[14:55] {nathan} thanks a lot
[14:55] {nathan} c u
01[14:55] {@Threei}  take care nathan
01[14:57] {@Threei}  1:1
01[14:57] {@Threei}  nathan could have stuck around for one more {G}
01[14:59] {@Threei}  1:2
[15:06] {nemo} VXX
[15:08] {nemo} so DP you trading like shit this week or what?
[15:09] {dptl} ?
[15:09] {nemo} haven't heard a peep out of you this week
[15:10] {nemo} think VXX .50 break a reasonable bet
01[15:10] {@Threei}  yes
01[15:10] {@Threei}  late
[15:10] {nemo} c'mon u frickin' pizdah, give me 1:1
[15:11] {nemo} might be able to ride this into the close
[15:11] {nemo} stop under .45
01[15:11] {@Threei}  good one
[15:11] {nemo} t'morrow going into the long weekend, VXX likely gonna' be a good play long
[15:12] {nemo} now let's see if they try to shake out the weak hands
01[15:12] {@Threei}  1:2 for you
[15:13] {nemo} yeah, I'm holding...stop will be under this swing low
[15:13] {nemo} whatever it ends up being
[15:14] {nemo} DAX ended up almost 2%
[15:16] {nemo} stop to .50
[15:16] {nemo} I'll partial in the 90's
[15:16] {nemo} I think 36 likely
[15:17] {nemo} stop .64
01[15:17] {@Threei}  nice
[15:17] {nemo} Just playing the fear
[15:21] {nemo} stop to under those last swing low candles
[15:21] {nemo} boot please Vad
[15:22] {nemo} took .92 partial with stop still under that low
01[15:24] {@Threei} Short Setup: DAL  .15 break
01[15:24] {@Threei}  If holds  .25
[15:24] {dptl} gn all , see ya tomorrow
[15:24] {nemo} stop to .80
[15:24] {nemo} lock in 1:2.5 for remainder
01[15:24] {@Threei}  take care dp
[15:25] {nemo} ahh well
[15:25] {RonS} gj
[15:25] {nemo} guess we can call that a double
[15:30] {nemo} wow
[15:30] {nemo} now they'll run vxx
01[15:31] {@Threei}  don't mind at all
01[15:32] {@Threei}  no go
01[15:35] {@Threei} Long Setup:  IWM  .90 break
01[15:35] {@Threei}  If holds  .80
01[15:37] {@Threei}  change to .85
01[15:38] {@Threei}  last attempt at closing scalp
01[15:38] {@Threei}  If holds  .80
01[15:38] {@Threei}  Invalidated
01[15:41] {@Threei}  ok guys, thank you all
01[15:41] {@Threei}  have a good evening, see you tomorrow
[15:41] {JoebiWan} ty cya

Jan 14 2015

Not exactly our day as stops outrun wins. Ended with 3 nice winning trades but still on a negative side

Session Time: Wed Jan 14 00:00:00 2015
[09:05] {dino} gm
01[09:06] {@Threei}  dino :)
[09:06] {JoebiWan} morning
01[09:06] {@Threei}  jw :)
[09:18] {ese} gm
[09:19] {ese} http://www.cbc.ca/news/business/aleksandr-milrud-accused-of-high-speed-trading-to-make-millions-in-illicit-profits-1.2899982
[09:19] {dino} that it is ese
[09:19] {ese} bastards
01[09:19] {@Threei}  ese :)
[09:19] {ese} mornin dino
[09:19] {ese} vad
01[09:21] {@Threei}  hehe... I know the guy
[09:21] {ese} You're kidding
01[09:22] {@Threei}  nope
01[09:23] {@Threei}  we communicated for a while, he tried to involve me in cooperation
[09:23] {dptl} gm
01[09:23] {@Threei}  used to run  brokerage in Toronto
[09:23] {ese} and...is he slime?
01[09:23] {@Threei}  dp :)
[09:23] {ese} dddddddddddddpppppppppppppp!
[09:23] {dptl} :)
01[09:23] {@Threei}  he never disclosed this kind of plan, but something did sound fishy
01[09:34] {@Threei}  Upside:
01[09:34] {@Threei}  -ZIOP +54% (enters exclusive CAR T pact with XON)
01[09:34] {@Threei}  -RGDO +36% (merger agreement with Tobira Therapeutics)
01[09:34] {@Threei}  -XON +12% (enters exclusive CAR T pact with ZIOP)
01[09:34] {@Threei}  -GME +11% (reiterated guidance, positive broker commentary)
01[09:34] {@Threei}  -FCE.A +6.3% (converting to a REIT, will continue to pursue strategic plan initiatives)
01[09:34] {@Threei}  -ZLTQ +5.6% (guided Q4 Rev higher than estimates)
01[09:34] {@Threei}  -WNC +5% (guided FY14 higher than est, raised FY14 trailer shipments outlook)
01[09:34] {@Threei}  -LLTC +3% (earnings)
01[09:34] {@Threei}  -BCRX +3% (received positive opinion on European drug orphan designation for BCX-4161)
01[09:34] {@Threei}  Downside:
01[09:34] {@Threei}  -DWCH -27% (guided Q1 net loss & Rev down; negative broker commentary)
01[09:34] {@Threei}  -TSLA -10% (poor Q4 China sales - Musk may step down as CEO post-Model 3 launch)
01[09:34] {@Threei}  -FCX -8% (lowered copper prices)
01[09:34] {@Threei}  -IRBT -5% (negative broker commentary)
01[09:34] {@Threei}  -X -4% (lower oil leading to lower demand for steel)
01[09:34] {@Threei}  -JPM -3.5% (earnings)
01[09:34] {@Threei}  -GM -3% (FY15 & '16 guidance)
01[09:35] {@Threei} Long Setup:  JPM  .80 break
01[09:35] {@Threei}  If holds  .70
01[09:36] {@Threei}  teleported
01[09:36] {@Threei}  valid again
01[09:37] {@Threei}  stop to .74
[09:37] {nemo} can't get above vwap
01[09:38] {@Threei}  no go
[09:38] {RonS} kors gone pulp
01[09:41] {@Threei} Long Setup:  IWM  .50 break
01[09:41] {@Threei}  If holds  .40
01[09:42] {@Threei}  Invalidated
01[09:43] {@Threei} Long Setup:  DAL  .40 break
01[09:43] {@Threei}  aww, late
01[09:43] {@Threei}  grrr
[09:49] {dino} cybr sm l .82
01[09:51] {@Threei} Long Setup:  IWM  .50 break
01[09:51] {@Threei}  If holds  .40
01[09:53] {@Threei}  stop to .44
01[09:55] {@Threei}  1:1
01[09:55] {@Threei}  1:2
01[09:56] {@Threei}  1:3
01[09:56] {@Threei}  finally
01[09:56] {@Threei}  DAL got away
[09:57] {ese} out full HCT .03 +.31 1k
[09:57] {nemo} JPM
[09:57] {dino} gj
[10:00] {ese} tks
01[10:02] {@Threei} Long Setup:  MCD  .80 break
01[10:02] {@Threei}  If holds  .70
01[10:02] {@Threei}  no go
[10:03] {nemo} they're thickening the bid, this market going down methinks
[10:03] {ese} flml dino.......am eyeing this one
[10:03] {ese} FLML
[10:05] {ese} being toasted -11.80% so far...good fundamentals
[10:06] {ese} -13%
[10:10] {dino} 14.30s area supp ese
[10:10] {dino} imo
[10:11] {ese} was thinkin 14.50
[10:11] {ese} but what ever
[10:12] {dino} sorry going to be distracted for hour or so, just sold that little 2 bedroom foreclose i bought in oct '14.
[10:12] {RonS} ese, my rule on these is that block volume needs to moderate to 10% or less of overall volume...currwently prox 25%
[10:12] {RonS} check that 50%
[10:12] {ese} nice
[10:12] {dino} internet security hot
[10:13] {ese} hey....have never thought about that.....how do you figure it
[10:13] {ese} tks ron
[10:13] {RonS} years of watching...and being too early
[10:14] {ese} lol.....ya been there a few times
[10:15] {RonS} another metric i use is 5-10-15 and in extreme selloffs 30% of outstanding shares flml outstanding 38.61 mil so volume so far says it's early...
[10:17] {ese} hmmmmmm tks ron appreciate that.......have never thought of it that way before
[10:17] {RonS} and, since this is a French co turn could occur after Europe close in an hour and 10...
[10:17] {ese} ws just gonna look for this one more push to 14.5
[10:18] {ese} wow
[10:18] {ese} spread closing a litle
[10:21] {ese} L dino sm .30
[10:23] {ese} flml......sorry
01[10:23] {@Threei} Long Setup:  IWM  .70 break
01[10:23] {@Threei}  If holds  .60
01[10:25] {@Threei}  nope
[10:27] {dino} ok, back
[10:27] {RonS} gj
[10:27] {dino} flml, sm l .32, stop .98
[10:29] {ese} L some more flml avg .34
01[10:30] {@Threei}  [FLML] put activity 2000 Jan 15 puts trade at the ask
[10:30] {ese} out flml 66 +.31 on 2k
[10:31] {JoebiWan} gj
[10:31] {ese} tks
[10:31] {ese} good enough
[10:33] {dino} wtg ese
[10:35] {ese} tks...don't have your nerve to stick out farther
01[10:35] {@Threei} Long Setup:  VXX  .55 break
01[10:35] {@Threei}  If holds  .45
[10:36] {dino} i don't have the nerve for 2k size
[10:36] {ese} am now lookin to swing trade this one....will wait for a setup
[10:36] {RonS} no kidding
01[10:36] {@Threei}  1:1
[10:36] {dino} out flml .02, +.72
[10:37] {ese} felt like days gone by
[10:37] {dino} "back in the day"
[10:37] {ese} nice dino......gutsy buddy
[10:37] {ese} ya
[10:38] {dino} ty
[10:38] {RonS} hear i thought you were talking about molesting students...
[10:38] {RonS} here...sorry
[10:39] {dino} gutsy, no, 400 shares, .34 cent stop, max pain of $136
01[10:40] {@Threei} Long Setup:  VCC  .65 break
01[10:40] {@Threei}  VXX
[10:40] {ese} now now ron
01[10:40] {@Threei}  If holds  .55
[10:43] {ese} man these goofs on cnbc just yammer on and on and on...wears on ya after a while
[10:43] {nemo} pot meet kettle
01[10:44] {@Threei}  no go
[10:49] {dino} no tv on, just music. talking heads will mess with your trading. just because they say its so, does not make it true
01[10:50] {@Threei} Long Setup:  DAL  .15 break
[10:50] {ese} agreed
01[10:51] {@Threei}  If holds  .05
01[10:52] {@Threei}  valid still
01[10:54] {@Threei}  not my day
[10:56] {ese} L FLML. get this .99999999
[10:56] {ese} opps put one to many 9's
[10:57] {ese} no can't count...2 too many only six
[11:00] {RonS} flml living up to name?  stated by a guy named Mel and now flamed...
[11:02] {dino} tight mkt range
[11:02] {RonS} hey ese...
[11:04] {RonS} ...went from 9'er to neiner i guess...
[11:04] {dino} lods
01[11:05] {@Threei} Long Setup:  VXX  .70 break
01[11:05] {@Threei}  If holds  .60
01[11:07] {@Threei}  1:1
01[11:09] {@Threei}  1:2
[11:12] {ese} ya
[11:13] {ese} my meager figuring puts a price tag somewhere between 21.00 to 24.00 bills with flml
01[11:16] {@Threei} Long Setup:  VXX  .80 break
[11:18] {dino} }????????
01[11:18] {@Threei}  valid
[11:18] {dino} ese????
01[11:18] {@Threei}  If holds  .70
[11:18] {dino} are you starting to use fundamentals?????
01[11:19] {@Threei}  he is infirm in his beliefs, dino
[11:19] {ese} I know I know........I won't let it happen again
06[11:20] * dino slaps ese around a bit with a large trout
[11:20] {dino} didn't want to, but you left me no choice
[11:21] {ese} phewwwww...thank you I needed that
[11:21] {dino} knock some sense into you
06[11:21] * @Threei hands dino large salmon, steelhead trout and average-sized halibut, providing wide slapping choices
[11:22] {dino} ty
01[11:22] {@Threei}  no go
[11:23] {ese} lol
[11:24] {ese} phew....nothing from the crab traps.....that would have been deadly
[11:29] {ese} am outta here but am gonna leave you with this: https://www.youtube.com/watch?v=c9bJJNUdXEs
[11:30] {ese} check out the tune.....one of the top five most played Canadian songs all time
[11:31] {ese} and the band in particular the women....is coming to see my kids and clinic us on the song ......we learned it for her last monday
01[11:34] {@Threei} Short Setup: DAL  .60 break
01[11:34] {@Threei}  If holds  .70
01[11:37] {@Threei}  no go
01[11:38] {@Threei}  rinse... grrr
[11:52] {nemo} chop city
01[11:52] {@Threei}  somg dal
[11:52] {dino} whoa flml
[11:52] {dino} 12 bucks -6+
[11:52] {dino} see what ese fundamentals get you
[11:53] {dino} 07 fast red scroll
[11:56] {dino} flml sm l .06
[11:56] {dino} stop is b/lod
[12:04] {dino} fb holds well
01[12:05] {@Threei} Long Setup:  GB  .40 break
01[12:05] {@Threei}  If holds  .30
01[12:05] {@Threei}  FB
[12:05] {dino} tfm, vdsi strong
[12:05] {dino} fete too
[12:05] {dino} feye
01[12:06] {@Threei}  Invalidated
[12:10] {JoebiWan} out flml +.71 ty dino
01[12:11] {@Threei}  wtg
[12:11] {dino} yw, wtg
[12:11] {dino} using the force i see
01[12:11] {@Threei}  frikin DAL
01[12:12] {@Threei}  1:3
[12:14] {dino} out flml .85, +.79
[12:18] {JoebiWan} gdx look short to you?
[12:18] {nemo} chop city
01[12:18] {@Threei}  yes
01[12:19] {@Threei}  but how many of my visions came to reality tiday? :)
[12:19] {nemo} spelling definitely not better
01[12:20] {@Threei}  than whose?
[12:20] {nemo} my 7 year old niece
[12:23] {dino} market drop from yesterdays highs 400+, and today.
[12:24] {dino} say another 300???
01[12:26] {@Threei}  if breaks down, easy
[12:28] {JoebiWan} half out gdx
01[12:29] {@Threei}  wtg
[12:47] {nemo} WFC
[12:51] {JoebiWan} 1/4 more
[13:06] {JoebiWan} out on trail
01[13:06] {@Threei}  good one
[13:06] {JoebiWan} ty
01[13:08] {@Threei}  Business Insider: The euro is back below its 1999 launch value
[13:09] {RonS} boo hoo
01[13:09] {@Threei} Long Setup:  VXX  .07 break
01[13:09] {@Threei}  If holds  36
01[13:10] {@Threei}  come on SPY, break down and die
[13:11] {dino} out cybr ,30, +.48
[13:11] {JoebiWan} gj
[13:12] {dino} took all day, but wth
01[13:13] {@Threei}  half out
01[13:14] {@Threei}  1:1
[13:21] {RonS} hope ese isn't in flml  hearing patent lawsuit loss now
[13:22] {RonS} ...might affect fundamntals  :)
[13:22] {RonS} +e
01[13:22] {@Threei}  lol
[13:33] {dino} well theres the -300
[13:43] {RonS}  Flamel Technologies(FLML) today learned the U.S. Food and Drug Administration (FDA) has approved Fresenius Kabi's New Drug Application (NDA) for neostigmine methylsulfate, a drug which Flamel(FLML) currently markets as Bloxiverz.
[13:43] {RonS} The Company is in discussions with regulatory and legal counsel to evaluate options that will minimize the potential competitive impact of Fresenius Kabi's NDA approval. An update will be provided to shareholders as more information becomes available.
01[13:44] {@Threei} Short Setup: FB  .25 break
01[13:44] {@Threei}  If holds  .35
01[13:47] {@Threei}  sigh
[14:02] {dino} thought i saw jazz pharm also something on flml
[14:05] {nathan} good afternoon
[14:08] {dino} nathans' famous
[14:08] {nathan} me?
[14:08] {dino} hotdogs
01[14:08] {@Threei}  hey nathan
[14:08] {nathan} :-)
[14:08] {dino} knop drop
[14:10] {nathan} how was the morning?
01[14:11] {@Threei}  not mine
01[14:13] {@Threei} Long Setup:  IWM  .90 break
01[14:13] {@Threei}  late...
01[14:14] {@Threei}  grrrrr
[14:14] {RonS} crude to 47
01[14:15] {@Threei}  somewhere in Kremlin Putin does the rain dance
01[14:16] {@Threei}  crap... 1:4
01[14:16] {@Threei}  with no single pullback
01[14:18] {@Threei} Long Setup:  FB  .55 break
01[14:18] {@Threei}  If holds  .45
01[14:19] {@Threei}  1:1
[14:24] {nemo} VXX
[14:24] {nemo} 45 break
[14:24] {nemo} .45
[14:24] {dino} w/ya fb
[14:25] {nemo} got 1:1 but u had to be quick
01[14:27] {@Threei}  held well FB
01[14:27] {@Threei}  let's go now
[14:28] {dino} out fb .68,
[14:28] {dino} +.12
[14:29] {dino} dp, 3i trade i take at least 1k shares, so smaller moves
[14:29] {RonS} crude 48.72
[14:31] {dino} tna sm l .63
[14:31] {nemo} closer to a short dino
[14:31] {dino} thx
[14:31] {nemo} look at that run
[14:32] {dino} out tna .93, +.30
[14:32] {nemo} Weekly Pivot 116.93 IWM
[14:33] {dino} nemo, could be in for reverse of yesterday,and go green
01[14:33] {@Threei}  1:2
[14:33] {dino} that would fool most
[14:33] {nemo} we're due for a bounce for a day or two, point is that was a helluva IWM run with no pullback
[14:33] {dino} already bounced 150 pts
[14:33] {nemo} see TNA now
[14:33] {dino} understood
[14:34] {nemo} vwap test likely
[14:40] {RonS} fcx mine becomes yours
[14:40] {dino} blood mine
[14:40] {dino} their buy of the oil company was timed seriously bad
[14:41] {dino} flml sm l .90
[14:41] {RonS} copper dropped overnight in China by 6.5%
[14:41] {dino} add what oils been doing to that and fcx in a world of sh#t
[14:47] {dino} out flml .35, +.45
[14:47] {RonS} gj
[14:47] {JoebiWan} nice
[14:47] {dino} ty
[14:47] {dino} oulp type
[14:47] {dino} pulp
[14:48] {RonS} ya well, if ese held he oulped...
[14:48] {dino} hope ese didn't hold that
[14:48] {dino} his last post said he thought 21 on it
[14:50] {RonS} crude almost hit 49, now 48
[14:50] {nemo} profit taking...they've made so much money they don't care
01[14:53] {@Threei}  no kidding
01[14:53] {@Threei}  100% in 6 months
[14:56] {nemo} o.k. dino that TNA was luck
[15:00] {dptl} gn all see ya tomorrow
01[15:09] {@Threei} Short Setup: FB  .30 break
01[15:09] {@Threei}  If holds  .40
01[15:10] {@Threei}  1:1
[15:25] {nemo} look @ crude futures...wow
01[15:27] {@Threei} Long Setup:  IWM  .90 break
01[15:27] {@Threei}  If holds  .80
01[15:29] {@Threei}  1:1
01[15:30] {@Threei}  1:2
01[15:30] {@Threei}  (close enough)
01[15:31] {@Threei}  stop .94 for the last piece
01[15:32] {@Threei}  closed
01[15:34] {@Threei} Long Setup:  IWM  .80 break
01[15:34] {@Threei}  If holds  .70
01[15:36] {@Threei}  Invalidated
01[15:38] {@Threei}  got away
01[15:38] {@Threei}  ok guys, considering how the day goes, let me finish on that 1:2
01[15:38] {@Threei}  thank you all, have a good evening
01[15:38] {@Threei}  see you tomorrow

Jan 13 2015

Another nice day. Started with two stops, then hit the stride and proceeded with with a few nice wins including two 1:4ers.


Session Time: Tue Jan 13 00:00:01 2015

[08:19] {dino} gm 3i
01[08:47] {@Threei}  dino :)
03[08:51] * Retrieving #discussions modes...
[09:06] {JoebiWan} gm
01[09:07] {@Threei}  jw )
01[09:12] {@Threei}  oil inder 45
[09:19] {RonS} gm...ducks run over by the buckeyes
[09:19] {RonS} guessing lee
01[09:19] {@Threei}  ron :)
[09:19] {RonS} oops
[09:19] {RonS} less than 1/2% of world knows what a buckeye is...
[09:20] {dino} what exactly is a buckeye?
[09:20] {RonS} ...acorn like tree seed that has a black spot...native to my birth state Ohio
[09:21] {dino} ahh
[09:21] {dino} they played a great game, reminds me of when they crushed wisconsin
[09:22] {dino} fxe hitting 52 week mlows
[09:22] {dino} lows
[09:22] {RonS} ya, their linemen kicked butt...Woody Hayes would be proud
[09:23] {RonS} wwww lowers outlook on currency...won't be last
[09:25] {RonS} crude 45.25 from 44.20 low
01[09:26] {@Threei}  what's with this nonsense bounce... once fell, stay down
[09:27] {RonS} wow ecom
01[09:27] {@Threei}  Upside:
01[09:27] {@Threei}  -NLST +58% (Federal Court halts sales of high-speed computer chips used by SNDK, IBM & other OEMs)
01[09:27] {@Threei}  -PCYC +18% (prelim earnings, guided FY14 Imbruvica sales $492M)
01[09:27] {@Threei}  -ELX +12% (raised Q2 guidance)
01[09:27] {@Threei}  -CTIC +8.7% (guided initial FY15 Rev)
01[09:27] {@Threei}  -SNX +6% (earnings - move is on low volume)
01[09:27] {@Threei}  -KBH +4.4% (earns)
01[09:27] {@Threei}  -QLGC +3.8% (in sympathy with ELX)
01[09:27] {@Threei}  -AGIO +3.3% (CELG agrees to exercise option to license AG-120 under global strategic collaboration)
01[09:27] {@Threei}  -BBY +2.7% (positive broker commentary)
01[09:28] {@Threei}  Downside:
01[09:28] {@Threei}  -ECOM -42% (lowered Q4 guidance)
01[09:28] {@Threei}  -AIV -3% (announced offering of 8.2M shares)
01[09:28] {@Threei}  -GT -2.8% (now sees FY14 SOI slightly below +10-15 range due to challenging Europe situation)
[09:28] {ese} morning
[09:28] {dptl} gm
[09:28] {ese} ddddddddddddddpppppppppppppppppppp!!!!!!!!!!!!!!!!!
[09:28] {dptl} :)
01[09:29] {@Threei}  ese, dp :)
[09:30] {ese} morning vad
01[09:32] {@Threei} Long Setup:  VXX  .50 break
01[09:32] {@Threei}  If holds  .40
01[09:34] {@Threei}  no go
[09:34] {dino} ecom sm l .75 stop .49
[09:37] {dino} stop
01[09:37] {@Threei}  rinse
01[09:39] {@Threei} Long Setup:  FB  .40 break
01[09:39] {@Threei}  If holds  .30
01[09:45] {@Threei} Long Setup:  TWTR  40 break
01[09:45] {@Threei}  If holds  .90
[09:45] {dino} adding ecom calls, seems excessive
[09:47] {dino} wow asps
01[09:48] {@Threei}  hmmm
[09:49] {dino} ocn blood too
[09:49] {dino} cal. seeking to suspend ocn license...asps
[09:49] {RonS} something rotten in that denmark....no touch here
[09:49] {nemo} is ese there?
[09:51] {ese} yes......in body.....on the phone to memphis
[09:51] {ese} will join you all shortly
[09:51] {nemo} I mean't in Denmark: [09:49] {RonS} something rotten in that denmark....no touch here
01[09:52] {@Threei} Long Setup:  FB  .60 break
01[09:52] {@Threei}  If holds  .50
[09:53] {RonS} took ecom 9.285 ave out 9.98 +.695
[09:53] {dino} gj
01[09:53] {@Threei}  wtg
[09:53] {dino} added back .51
[09:53] {dino}  + calls
[09:53] {dino} tfm
[09:54] {RonS} tfm = the front month?
01[09:54] {@Threei}  half out
01[09:54] {@Threei}  1:1
[09:54] {dino} lol, no watching tfm. bought mar calls ecom
01[09:55] {@Threei}  1:2
01[09:58] {@Threei}  closed
[09:58] {ese} hey nemo........whats up in Denmark?
[09:58] {dino} wooden shoes
[09:58] {dino} tulips
[09:59] {nemo} that's Holland dino
[09:59] {nemo} sheesh
[09:59] {dino} opps, lol
[09:59] {nemo} bunch of geography troglydites in here
01[09:59] {@Threei}  Jorik's scull
[09:59] {nemo} you guys drive me to drink
01[09:59] {@Threei}  skull
[09:59] {RonS} lol
[09:59] {nemo} Yorick
[09:59] {nemo} frickin' Vad's spelling...this is brutal
[10:00] {dino} you were drinking long before you met us
[10:00] {nemo} Not nearly as frequently
01[10:00] {@Threei}  *(US) JAN IBD/TIPP ECONOMIC OPTIMISM: 51.5 V 48.7E
01[10:00] {@Threei}  I have an excuse
01[10:00] {@Threei}  I do double translate
[10:00] {nemo} "He didn't die of alcoholism, he died of an instant messaging trading room."
01[10:01] {@Threei}  since I haven't read Shakespeare in ancient english
01[10:01] {@Threei}  what's ese's?
[10:01] {nemo} I read it in the original Klingon
[10:02] {dino} ahh yes, klingon
[10:02] {dino} scottie, i need warp speed in 5 minutes or you're fired
[10:03] {ese} hey I represent that remark......i speak  and write my own anglash eh
01[10:03] {@Threei}  sou doo Eye
[10:03] {ese} lol
01[10:04] {@Threei} Short Setup: MCD  .20 break
01[10:04] {@Threei}  If holds  .30
01[10:06] {@Threei}  1:1
[10:08] {dino} ecom 10 area tough
[10:08] {RonS} needs 6-8 mil shares traded before goes imo ecom
[10:11] {dino} gut has it over 12 by eod
[10:11] {dino} filled that nov gap
[10:15] {dino} algt spike
[10:16] {dino} smr s .70
[10:17] {ese} spyders, S&P, Dow etc etc daily charts interesting look to them.....vad what do you make of them.....distribution going on.....what do you guys and gals make of them
01[10:17] {@Threei}  1:2
[10:17] {nemo} nothing yet...earnings season will be a guide
[10:17] {ese} looks like failed attempts to get back to highs
[10:18] {dino} no idea ese
[10:18] {JoebiWan} mcd treating us well lately
[10:18] {RonS} really don't care...
[10:18] {dino} just reacting, not thinking
[10:18] {ese} ya nemo...thats a better eay to look at this....
[10:18] {dino} tfm sm l .41
01[10:18] {@Threei}  they added some healthy options to their menu it seems
[10:18] {nemo} indexes don't tend to do alot during earnings
01[10:19] {@Threei}  in "for traders" section
01[10:19] {@Threei}  ese, look at it this way
[10:19] {ese} just asking cause i'm loosing a general sense of up or down....in no mans land here imo
[10:19] {dino} btfd ese
[10:19] {nemo} get ur meds adjusted
01[10:19] {@Threei}  until reversal formations hasn't shaped up, you don't know whether attempts at the highs are failed
[10:20] {ese} ah ya ah......sure....meds ummmm where'd they go
01[10:20] {@Threei}  there will be new attemots,
01[10:20] {@Threei}  supports are not broken,
01[10:20] {@Threei}  any next attempt may become a success
[10:20] {ese} thats true
01[10:20] {@Threei}  and what's of all those previous that failed?
[10:20] {nemo} vxx
[10:20] {nemo} .81 long
01[10:20] {@Threei}  any setup has inflection points and mid-lands
[10:21] {nemo} stop under .70
01[10:21] {@Threei}  right now it's a midland
[10:21] {ese} ;)
[10:22] {nemo} or break of .80
01[10:22] {@Threei}  SPY loses ~197-a98, we may have something on reversal side
01[10:22] {@Threei}  until then, leave it to those who make a living by talking about anything they have to talk about to make aliving
01[10:23] {@Threei}  1:3
[10:23] {ese} Must be a ton of cash still sitting out there to be invested I guess
01[10:25] {@Threei}  who knows
01[10:25] {@Threei}  all this speculation... is there an entity that somehow figured out all the cash on hands and intentions of the holders?
[10:25] {nemo} yeah, no shit
01[10:26] {@Threei}  say in year X 100B was withdrawn from all the funds
01[10:26] {@Threei}  now in a year X+2, none returned to those funds,
[10:26] {dino} algt cov 159.70, +2.00
01[10:26] {@Threei}  does it mean they are in matresses?
[10:26] {JoebiWan} gj
[10:26] {dino} ty
01[10:26] {@Threei}  or they went in real estate, in gold, in bonds, in fireign holdings?
01[10:26] {@Threei}  who on earth knows
[10:27] {dino} who cares if you are daytrading
[10:29] {dino} imo worrying over the macro picture just nuts up your daytrading
[10:29] {nemo} yep
[10:29] {dino} nbix spike
[10:34] {ese} true enough dino
[10:34] {ese} what the H was i thinkin
[10:34] {nemo} that's the problem...u were thinking
[10:34] {nemo} stand up, take the pressure off your brain
[10:35] {nemo} vxx invalidated
01[10:36] {@Threei} Short Setup: WMT  .60 break
01[10:36] {@Threei}  If holds  .70
[10:36] {ese} sheesh....ya......what the heck was i thinkin "thinkin".......i don't ever want to thinkg that again.....especially now that i think it will screww up my trading..........I think?
[10:36] {dino} ese, stop thinking or you get trout slap. when set up is there take it.
[10:37] {ese} NO!!!!!!!!! NOT THAT!!!!!!!!!!!!!!
06[10:38] * dino slaps ese around a bit with a large trout
[10:38] {ese} damn
06[10:39] * @Threei extends begging hand toward nemo's bottle
[10:39] {JoebiWan} lol
[10:39] {RonS} ese spells damn but not lose
06[10:39] * nemo extends bottle of Spiritus to Vad
06[10:40] * nemo extends Sig barrel to ese
[10:40] {RonS} big biotech getting hit gild icpt zmh alxn
[10:40] {RonS} amgn
[10:41] {nemo} oh, Joebi, btw...took apart that S&W pro series compact, very weird feed ramp and magazine lip...not sure I like it
[10:41] {ese} lol
[10:41] {JoebiWan} you bought one?
[10:41] {nemo} no
[10:43] {ese} out ½ HCT .02 +.30 1K to go stop to .90
[10:44] {ese} whaaaaaddaaaaaa ya gonnaaaa do eh....when people offer ya free money...huh?.......wha da ya gonna do
[10:44] {dino} gj
[10:44] {ese} tks
[10:45] {RonS} just like the school system eh?
[10:46] {JoebiWan} lol ron
[10:47] {ese} Who the georgeous woman Mohamad Abbas is walking with on the right.....http://www.cbc.ca/news/world/france-s-defiant-show-of-tolerance-papers-over-some-real-cracks-1.2897645
[10:49] {ese} wife?
01[10:50] {@Threei}  57-years old male russian agent, 240 lbs, hairy chest, bold head. They do know how to change their appearance when on the job
[10:50] {ese} rotflol.....
[10:50] {ese} hadn't thought a that.
[10:51] {ese} rats....there I go trying to think again
[10:53] {RonS} crude 46
[10:55] {ese} thats just a wow......who'd have thunk this a year ago
01[10:56] {@Threei}  I did... I just never thought it could happen this fast
[10:56] {cosmo} shape shifters... i knew it
[10:57] {ese} what clues were you two lookin at
[10:57] {dino} hlss??
[10:57] {cosmo} biotech breakthrus
[10:58] {ese} not gettin ya cos......how does that figure in
01[10:58] {@Threei}  don't see any news dino
01[10:59] {@Threei}  ese... for a good while there were plenty of tensions in all the oil-producing regions,
01[10:59] {@Threei}  east, russia,
[10:59] {RonS} hlss somehow associated w/ ocn...
[10:59] {nemo} watch for IMW bounce artound here
[10:59] {nemo} IWM
01[10:59] {@Threei}  all the israel/palestine and ISIS problerms,
[10:59] {dino} thats all i can figure ron
[10:59] {ese} ya
01[11:00] {@Threei}  russia/ukraine
01[11:00] {@Threei}  yet oil didn't move up, and even slid slightly
[11:00] {ese} I would have thought that would've driven the prices up
[11:00] {ese} hmmmmmm
01[11:00] {@Threei}  this is what I cann price-information duivergence
01[11:00] {@Threei}  call
[11:00] {ese} makes sense Didn't notice that
01[11:00] {@Threei}  add all the fracking production
01[11:01] {@Threei}  a few years of rising US-based oil
[11:01] {dino} mhk spike
01[11:01] {@Threei}  and picture starts shaping up
01[11:01] {@Threei}  US goes energy-independent
01[11:02] {@Threei}  largest oil buyer takes itself off market
[11:02] {ese} :/
01[11:02] {@Threei}  and becomes a seller
[11:02] {cosmo} hmm...getting coffee now
01[11:02] {@Threei}  now take all the peak oil and green energy leftist talk, and shove it where it belongs. Welcome to real world
[11:02] {ese} don't forget the hypodermic needle......coffee works better that way...quicker
[11:03] {RonS} think you just made cosmo ill...
[11:03] {cosmo} I.V. here
[11:03] {ese} lol
[11:04] {dino} cosmo kramer
[11:04] {cosmo} my gut tells me anything that kills fracking is good
[11:05] {cosmo} cosmo topper rather
01[11:05] {@Threei}  add to that saudis who learned their lesson in 80 when they tried to cut production to support prices
01[11:06] {@Threei}  This time around they know all it does is leaves them without the market share
01[11:07] {@Threei}  so, having one of the lowest production costs they prefer to keep the volume up this time
[11:07] {ese} makes sense
[11:07] {cosmo} Time to kill all the alternatives. They've saved up for it...
01[11:07] {@Threei}  but this is one of the accelerating factors
01[11:07] {@Threei}  All those before this were the reasons I thought oil was done
01[11:08] {@Threei}  plus my favorite... crowds opinion
01[11:08] {@Threei}  everywhere it was accepted notion that oil/gas prices have nowehere to go but up
[11:09] {ese} Is going to have to be a trickle-down effect people are going to have to work for less to get the stuff out of the ground though
01[11:09] {@Threei}  "buy small cars, gas will only get more epensive"
01[11:09] {@Threei}  who wouldn't believe this a year ago?
[11:09] {ese} I didn't
01[11:09] {@Threei}  really? you thought gas would drop in price?
[11:10] {ese} It's a finite non renewable resource... It's going to run out sometime
[11:10] {ese} Not in my lifetime but.....
01[11:10] {@Threei}  ummm
01[11:11] {@Threei}  you track the line of conversation? :)
[11:11] {ese} Not drop in price increase in price
01[11:11] {@Threei}  there you go
01[11:11] {@Threei}  so you did believe that
01[11:12] {@Threei}  and so did practically everyone around
[11:12] {cosmo} oil is now a war weapon ...changes the math
01[11:12] {@Threei}  it always was
[11:12] {cosmo} financial
01[11:12] {@Threei}  1:1  WMT
[11:13] {nemo} it's a political weapon
01[11:13] {@Threei}  it played same role before
[11:13] {cosmo} the 1973 war it think
[11:14] {cosmo} =1974 gas lines
01[11:14] {@Threei}  yes, and during ussr war in afghan
01[11:15] {@Threei}  sharp oil decline ended that war
01[11:15] {@Threei}  and eventually ussr itself
[11:15] {cosmo} hmm
[11:16] {RonS} ondk now below deck
[11:16] {cosmo} the afghan curse
[11:16] {RonS} heroin?
[11:17] {cosmo} maybe the resources they keep refering to after all
01[11:19] {@Threei}  1:2
01[11:25] {@Threei}  what do you know... Victoria got its own Rob Ford
01[11:25] {@Threei}  freshly elected mayor of Saanich, largest municipality in Greater Victoria
01[11:26] {@Threei}  http://www.cheknews.ca/watch-full-coverage-saanich-mayor-says-spied-upon-harassed-admits-affair/
[11:26] {ese} saw that
[11:27] {RonS} ...that town that would give its left n for an m?
01[11:28] {@Threei}  hmmmm... nemo, pass that bottle again please
01[11:28] {@Threei}  ron speaks in puzzles that require double dose
[11:29] {nemo} nah...need a "ronnetta" stone
[11:29] {RonS} left n = left nut... n to m = Saamich...
01[11:29] {@Threei}  ok... all that left is to find out what on earth is saamich :)
[11:30] {RonS} ...some kind of an American phrase for a sandwich
01[11:30] {@Threei}  really? I give up... two bottles please
01[11:30] {@Threei}  I'll never learn this language
[11:30] {RonS} originates from a US relative of ese when asked to spell sandich...
[11:31] {RonS} sanwich
[11:31] {RonS} sandwich sheesh
01[11:31] {@Threei}  DAL
01[11:31] {@Threei}  watching for short entry
01[11:31] {@Threei}  it's contagious ron... sorry
01[11:32] {@Threei}  you know you spend too much time with me when it takes you three runs at one word
[11:33] {RonS} ok...another one:  "no shit Sherlock"
01[11:35] {@Threei}  well, this one is no mystery
01[11:35] {@Threei} Short Setup: DAL  .60 break
01[11:35] {@Threei}  If holds  .70
01[11:39] {@Threei}  stop to .66
01[11:42] {@Threei}  1:1
[11:50] {RonS} 36 more hours of cold here, then 5 days of 50's...can't wait
[11:52] {dino} been single digits and teens here for last 10 days
[11:52] {RonS} brutal
[11:53] {RonS} kbh smashed
[11:55] {RonS} KBH - does not expect to hit margin goal in 2015; sees Q1 gross margin down significantly YoY, setting a low point for the year then improving sequentially through FY15
01[12:08] {@Threei} Long Setup:  VXX  .90 break
01[12:08] {@Threei}  If holds  .80
[12:12] {dino} kbh sm l .65
01[12:12] {@Threei}  nope
[12:24] {dino} pretty good drop in markets
01[12:24] {@Threei}  frikin VXX got away
[12:44] {RonS} lol...With only 38 million people, it'll be tough for California to find another senator as stupid as Barbara Boxer.
01[12:46] {@Threei}  lol
01[12:46] {@Threei}  so, what is Canada to fo, with population less than just Calidornia?
01[12:47] {@Threei}  d=f
01[12:47] {@Threei}  and f=d
01[12:47] {@Threei}  sheesh
[12:47] {RonS} Ford have kids?
01[12:47] {@Threei}  not sure
[12:59] {nemo} AAPL
[13:00] {nemo} .30 break
[13:00] {nemo} stop under .15
01[13:01] {@Threei} Long Setup:  IWM  .85 break
01[13:01] {@Threei}  If holds  .75
[13:01] {nemo} stop to .25
[13:01] {nemo} partial .45 area
[13:05] {dino} kbh stop -.32
[13:05] {nemo} stop to .30
[13:07] {nemo} partial
[13:07] {nemo} stop still .30
[13:08] {nathan} what's up gents
[13:08] {nemo} not ese's IQ
01[13:08] {@Threei}  same old
01[13:09] {@Threei}  plus eternally young and vigorous nemo
[13:09] {nemo} ?
01[13:09] {@Threei}  dunno... seemed apropriate while I typed it
01[13:10] {@Threei}  now that I read it, not so much
01[13:10] {@Threei}  stop to .79
[13:11] {nemo} stop to .40
[13:12] {dino} wow asps
[13:12] {RonS} asps bitten?
[13:13] {nemo} out
[13:14] {nemo} bummer
[13:20] {dino} msci spike
[13:22] {dino} msci sm s .72
01[13:26] {@Threei}  no news
[13:27] {nemo} on what
01[13:27] {@Threei}  for market drop
[13:27] {nemo} was overnight futures move
[13:27] {nathan} nice fall
[13:28] {dptl} see ya tomorrow all, have to leave early
[13:28] {dino} cya dp
01[13:28] {@Threei}  take care dp
[13:28] {nemo} spy gap close
[13:29] {dino} 300 pt dji range
01[13:30] {@Threei}  wow
[13:32] {nathan} bloody tuesday
[13:33] {dino} cov msci .32, +.50
01[13:34] {@Threei}  wtg
[13:34] {nathan} gj dino
[13:34] {dino} opps, +.40
[13:34] {dino} ty
01[14:00] {@Threei}  *(US) DEC MONTHLY BUDGET STATEMENT: $1.9*B V $3.0BE
01[14:06] {@Threei} Long Setup:  IWM  .35 break
01[14:06] {@Threei}  If holds  .25
01[14:07] {@Threei}  Invalidated
01[14:08] {@Threei}  change to .30
01[14:08] {@Threei}  If holds  .20
[14:09] {dino} wow 400 pt swing
01[14:09] {@Threei}  ok market, it's tume to recover some
01[14:11] {@Threei}  wow... not yet
[14:11] {nemo} SPY testing gap
01[14:16] {@Threei}  last pullbac for double bottom, and we should get our bounce
[14:16] {nemo} or 200 target
01[14:17] {@Threei} Long Setup:  IWM  116 break
01[14:17] {@Threei}  If holds  .90
01[14:17] {@Threei}  1:1
01[14:18] {@Threei}  give us 1:4
01[14:18] {@Threei}  just don't be a lousy scalp
[14:18] {nemo} .20 resistance then .40
01[14:19] {@Threei}  up
01[14:19] {@Threei}  thinking momentum should be enough to take .20 and rocket to .40
01[14:20] {@Threei}  then it's up to a chance
[14:20] {nemo} that depends on willingness to bid
01[14:24] {@Threei}  here comes SPY jump
01[14:25] {@Threei}  1:2
01[14:27] {@Threei}  1:3
01[14:27] {@Threei}  good girl
01[14:29] {@Threei}  1:4 baby
[14:29] {JoebiWan} out ty
01[14:29] {@Threei}  iut
01[14:29] {@Threei}  yw
[14:30] {dino} gj
01[14:31] {@Threei}  ty
01[14:31] {@Threei}  1:5
01[14:31] {@Threei}  momo
[14:31] {nemo} 116.80 coming
01[14:32] {@Threei}  nailed reversal with precision of nemo dividing as bottle between three glasses
01[14:32] {@Threei}  -s
01[15:08] {@Threei} Long Setup:  VXX  .20 break
01[15:08] {@Threei}  If holds  .10
01[15:09] {@Threei}  1:1
01[15:22] {@Threei} Long Setup:  IWM  .50 break
01[15:22] {@Threei}  If holds  .40
01[15:23] {@Threei}  1:1
[15:27] {pamsv} cheers guys - see you.
[15:29] {dino} cci drop
01[15:36] {@Threei} Long Setup:  IWM  .70 break
01[15:36] {@Threei}  If holds  .60
01[15:36] {@Threei}  1:1
[15:37] {JoebiWan} nice
[15:38] {JoebiWan} took tna. out ty
01[15:38] {@Threei}  1:3
01[15:38] {@Threei}  yw
01[15:39] {@Threei}  1:4
01[15:39] {@Threei}  out
01[15:40] {@Threei}  perfect end to a decent day
01[15:40] {@Threei}  thank you all, have a great evening
01[15:40] {@Threei}  see youi tomorrow
[15:40] {JoebiWan} cya
[15:40] {RonS} thanks 3i
[15:44] {dino} taking ecom off, out .87, +.36, still holding the calls
[15:45] {dino} gotta hop, gn all