Tuesday, December 2, 2014

Dec 02 2014

About flat day with a lot of back and forth. Wins being larger than stops kept the day at about flat.


Session Time: Tue Dec 02 00:00:00 2014
01[08:50] {@Threei} Long Setup:  ABCD
[08:57] {cosmo} Silver looking like a drunken sailor...
[08:58] {Jenh} gm
01[08:58] {@Threei}  cosmo, jen :)
[09:03] {hat25} dont hear any sounds at posts. my speakers are on and not on mute???
01[09:03] {@Threei} Long Setup:  ABCD
01[09:03] {@Threei}  now?
[09:04] {hat25} no.
[09:04] {Jenh} do you have a mac?
[09:04] {hat25} no.
[09:04] {Jenh} nm
01[09:05] {@Threei}  when you move volume slider, do you hear beep?
[09:05] {hat25} yes
01[09:06] {@Threei}  then you should hear alert when I post word setup
[09:07] {hat25} but not hearing any
01[09:07] {@Threei}  jen, cosmo, jw, do you?
[09:07] {JoebiWan} i just got in, sry
01[09:07] {@Threei} Long Setup:  TEST
[09:08] {Jenh} i don't, but i have a mac so that could be it
01[09:08] {@Threei}  it's for mirc users only, not mibbit
[09:08] {hat25} i am using mirc
[09:08] {Jenh} oh ok. i use mibbit.
[09:09] {JoebiWan} try test again
01[09:09] {@Threei} Long Setup:  TEST
[09:09] {JoebiWan} yeah i hear alert
01[09:09] {@Threei}  works on our side then
01[09:09] {@Threei}  something in your computer configuration, hat
[09:11] {hat25} is there a setting I can check that woud show that a sound is generated when word setup is used?
01[09:12] {@Threei}  as far as mirc is concerned, yours is configured to do that
01[09:12] {@Threei}  other settings in your computer, no idea
[09:14] {dptl} good morning
01[09:14] {@Threei}  dp :)
[09:18] {hat25} one more test please?
01[09:18] {@Threei} Short Setup: TEST
01[09:18] {@Threei}  (gotta keep it balanced, right?)
[09:19] {nemo} as long as I don't have to be sober
[09:19] {hat25} still nothing.
[09:23] {nemo} Raven sitting up on the telephone wires making a long distance caw?
[09:23] {hat25} will investigate furtehr and try again tomorrow pre market. Thanks.Bye
01[09:23] {@Threei}  click Tools - Options - Sounds
01[09:23] {@Threei}  make sure Enable sounds is checked
[09:24] {hat25} is checked
[09:24] {jfjf64} mornin
01[09:24] {@Threei}  then everything in mirc is done right
01[09:24] {@Threei}  jf :)
[09:24] {nemo} right click on Threei
[09:24] {nemo} go into "Info"
[09:25] {nemo} setup an alert for Threei in the "notify" tab
[09:25] {nemo} then send me a bottle of vodka
[09:26] {hat25} can check for word 'setup'?
01[09:27] {@Threei}  setup
[09:30] {Raven} yes nemo
01[09:33] {@Threei} Long Setup:  GLD  .05 break
01[09:33] {@Threei}  If holds  115
01[09:33] {@Threei}  meh
01[09:36] {@Threei} Long Setup:  VXX  .28 break
01[09:36] {@Threei}  If holds  .90
[09:36] {cosmo} I heard that...
01[09:40] {@Threei}  valid still
01[09:41] {@Threei}  change to .95 break
01[09:41] {@Threei}  If holds  .87
01[09:42] {@Threei}  Invalidated
[09:44] {nemo} VXX .90 break
01[09:44] {@Threei} Short Setup: DAL  .60 break
01[09:44] {@Threei}  If holds  .70
[09:45] {nemo} that might have been a little "ready, fire, aim"
[09:45] {nemo} moving stop up to just under BE
01[09:45] {@Threei}  valid
[09:45] {nemo} pheweww
[09:46] {nemo} o.k. by the newspaper
01[09:46] {@Threei}  change to .65 break
01[09:46] {@Threei}  If holds  .72
[09:47] {nemo} out
01[09:48] {@Threei}  sheesh, 1 cent from 1:1
[09:49] {nemo} today has the feel of a scalp day
[09:49] {jfjf64} last month
[09:49] {dptl} out dal
01[09:49] {@Threei}  out
[09:51] {nemo} damn, too tight on VXX
[09:54] {jfjf64} uso
[09:55] {jfjf64} 25.26 daily
01[09:56] {@Threei} Long Setup:  CAT  .95 break
01[09:56] {@Threei}  hl
01[09:56] {@Threei}  If holds  .80
01[09:58] {@Threei}  1:1
[09:59] {dptl} out ty
01[10:00] {@Threei}  *(US) OCT CONSTRUCTION SPENDING M/M: 1.1% V 0.6%E
01[10:00] {@Threei}  1:2
[10:00] {JoebiWan} out thx vad
01[10:00] {@Threei}  yw
01[10:00] {@Threei}  1:3
01[10:00] {@Threei}  out
[10:00] {JoebiWan} brb
[10:04] {dptl} i see i got out too soon
01[10:06] {@Threei}  why did you?
[10:06] {dptl} decide just to scalp this one :)
01[10:07] {@Threei}  what's with discretion? You know better than system does?
01[10:08] {@Threei}  this is first step to abyss
[10:08] {dptl} ye true
[10:21] {nemo} CREE
[10:24] {nemo} DE
01[10:24] {@Threei} Long Setup:  VXX  .65 break
01[10:24] {@Threei}  If holds  .55
[10:26] {nemo} spy overhead gap fill 207.20ish
[10:31] {dptl} Vad do you like aig .80 short?
01[10:31] {@Threei}  want a few min more of consolidation
[10:31] {dptl} ok
[10:38] {dptl} vxx valid again?
01[10:38] {@Threei}  after one more pullback
01[10:38] {@Threei}  not right away
01[10:38] {@Threei}  now it is
01[10:50] {@Threei}  1:1
[10:50] {dptl} out half
[10:55] {dptl} out
[10:57] {nemo} QCOM long over .05 me thinks
[11:01] {nemo} stop under 72
[11:01] {jfjf64} dal
[11:05] {nemo} got uer 1:1
[11:06] {nemo} stop under .10
[11:11] {nemo} .01 short of 1:2
[11:19] {nemo} finally
01[11:19] {@Threei} Long Setup:  IWM  .60 break
01[11:19] {@Threei}  If holds  ,50
[11:21] {nemo} stop to .35
[11:21] {dptl} out iwm
[11:22] {nemo} stop to .45
[11:24] {nemo} moving stop to just under .50
[11:25] {dptl} nice one :)
[11:25] {JoebiWan} gj nemo
[11:25] {nemo} broken clock
[11:27] {nemo} to .60
[11:30] {nemo} mmmhhhh
[11:30] {JoebiWan} wtg
[11:30] {nemo} .70
[11:31] {Jenh} gj nemo
[11:31] {nemo} I think I'll do a shot
[11:31] {nemo} .78
[11:32] {nemo} indexes getting heavy though
[11:32] {nemo} those tails
[11:32] {nemo} pushing the whole number could be tough
[11:34] {nemo} this should be the stop
[11:35] {nemo} this should be a doji and then drop
[11:35] {nemo} predicting the future of course
[11:35] {nemo} gnite
[11:46] {dptl} dal .60 short?
01[11:46] {@Threei}  yes
[11:46] {dptl} lol
[11:46] {nemo} lunchtime
01[12:06] {@Threei} Long Setup:  VXX  .50 break
01[12:06] {@Threei}  If holds  .40
[12:15] {dptl} out half ty
01[12:15] {@Threei}  1:1
[12:27] {dptl} stop still under .50 Vad?
01[12:27] {@Threei}  .55
01[12:28] {@Threei}  has been close enough to 1:2 to tighten it, especially at lunch time
[12:28] {dptl} ye almost reached 1:2
[12:33] {dptl} some more out
01[12:33] {@Threei}  1:2
01[12:34] {@Threei}  see? patience is virtue, and system knows better than you do
[12:34] {dptl} yeap :)
[12:34] {dptl} trailing under .60 last piece
01[12:37] {@Threei}  just confirms once again this thesis, so familiar to Taoists and traders,
01[12:38] {@Threei}  and so non-obvious for, ummm
01[12:38] {@Threei}  normal people
01[12:38] {@Threei}  Ego is behind most of our troubles
[12:38] {nemo} I thought it was women?
01[12:38] {@Threei}  we will get to that
01[12:38] {@Threei}  why does a trader break the rules and takes a scalp instead of pasrtialing,
01[12:39] {@Threei}  changes stop placement,
[12:39] {nemo} fear
01[12:39] {@Threei}  refuses to take stop at all,
01[12:39] {@Threei}  in short, changes his act vs what system prescribes?
01[12:39] {@Threei}  he thinks he knows better,
01[12:39] {@Threei}  system is stupid, he is smart,
01[12:40] {@Threei}  he can pick and chose which parts of it to apply and which to ignore.
01[12:40] {@Threei}  That's ego
01[12:41] {@Threei}  now, women... that's something nemo wanted to discuss, I'll remove myself from that
[12:54] {Jenh} since women are behind most of your troubles, nemo, i'll bother you
[12:54] {Jenh} what algo program do you use?
[12:54] {nemo} indexes look lower
[12:54] {nemo} ?
[12:55] {Jenh} you mentioned "algo" before
[12:55] {nemo} oh
[12:55] {nemo} agilemetrix
[12:55] {Jenh} thanks
[12:59] {dptl} and out balance vxx
[13:08] {dptl} vlo .80 long?
[13:09] {dptl} nah
01[13:09] {@Threei}  aggressive
01[13:09] {@Threei}  on pullback
[13:09] {dptl} .70?
[13:11] {dptl} ah..didnt take it
01[13:14] {@Threei}  too bad
01[13:14] {@Threei}  this is the way to play this kind
[13:14] {nemo} VLO likely breaks out
01[13:14] {@Threei}  these sharp retreats from breakout level are often just preparations for the move
[13:15] {nemo} DKTK
01[13:15] {@Threei}  modification of it, yes
[13:16] {dptl} yeah ..dont want to take break now...may be it'll give one more chance at lower price
[13:17] {Jenh} DKTK?
01[13:18] {@Threei}  that's my finest invention
01[13:18] {@Threei}  Don't Kid The Kidder
[13:18] {Jenh} ahhh gotcha
[13:18] {Jenh} actually i think i asked before
[13:18] {Jenh} i will definitely remember it now
[13:18] {dptl} or may be break with .75 stop
01[13:19] {@Threei}  out of all the setups and ways to play them, for me personally this one is the most satisfactory
[13:21] {dptl} well....i missed it :)
[13:22] {Jenh} good that you saw it though
01[13:22] {@Threei}  don't make him feel better jen
[13:22] {Jenh} lol
01[13:22] {@Threei}  we want him to suffer
[13:22] {dptl} lol
[13:23] {Jenh} didn't realize, sorry :)
[13:23] {nemo} ignominiously
01[13:23] {@Threei}  it will make him a bbetter trader... and deliver us a great pleasure {G}
[13:23] {nemo} get with the program
[13:23] {nemo} actually, we don't care about the former, just the latter
01[13:23] {@Threei}  yes but we use former as a cover
[13:23] {Jenh} i c now
[13:24] {nemo} you had no eye deer
[13:24] {nemo} oh jeez...I'm sober again
[13:24] {Jenh} omg
01[13:29] {@Threei}  we don't have anyone from Alabama, right?
01[13:29] {@Threei}  dp... whatever you do, do not look at VLO
01[13:30] {@Threei}  or you'll see it at 1:2, and suffer
01[13:30] {@Threei}  ignominiously
[13:30] {dptl} to late...lol looked :)
01[13:30] {@Threei}  good... you suffer and I can pretend I tried to prevent you from that
[13:30] {dptl} lol
01[13:31] {@Threei}  see how this goes, Jen? :)
[13:31] {Jenh} lol
[13:31] {Jenh} i am
[13:33] {dptl} fcx
[13:34] {dptl} .90 short may be
01[13:35] {@Threei}  rather feels like long to me
[13:36] {nemo} yeah, look at daily
[13:36] {dptl} yeah, may be you right
[13:36] {nemo} maybe not
[13:37] {dptl} only thing i dont like is it in the midle intraday
01[13:38] {@Threei}  it frmed nice support and start nibbing on resistance, chart very much looks like trend reversal in the making
[13:39] {dptl} hmm...so you think 26 long?
[13:39] {nemo} not necessarily, might not do much of anything actually, given it's only the second day around this level
[13:40] {nemo} pivot is 26.15
01[13:44] {@Threei}  if SPY helps, it's a possible play
[13:44] {pamsv} thanks all - cu tom..
[13:44] {nemo} tom who?
[13:45] {nemo} DP scared her away
[13:45] {Jenh} bye pam!
[13:45] {nemo} she left Jen all alone
[13:45] {Jenh} sounds like i should be scared
[13:46] {nemo} I was just stating a fact
[13:46] {Jenh} oh ok. nm then
[13:46] {nemo} what brings on your emotional states are beyond my control
[13:46] {Jenh} lol
[13:46] {nemo} VXX dying ignominoulsy
[13:47] {nemo} having said that, it's amazing for what I have been blamed
[13:48] {nemo} kinda' have short setups in spy and iwm
[13:48] {nemo} finnies still strong
[13:48] {nemo} still have the overhead gap to .20ish to fill
[13:50] {nemo} hey joebi
[13:50] {JoebiWan} hey
[13:50] {nemo} http://goo.gl/d6QnAr
[13:52] {nemo} so IWM weak spy still holding finnies still holding
[13:52] {JoebiWan} you said you had the 220 right?
[13:53] {JoebiWan} or liked it
[13:53] {nemo} 229 frames...I want to get the 250
[13:53] {nemo} I do like the 220
[13:53] {nemo} shot them alot back in the 80's
[13:55] {Jenh} what's a good gun for someone starting out?
[13:55] {nemo} what are you using it for?
[13:55] {dptl} lol
[13:56] {nemo} I'm serious dp
[13:56] {Jenh} protection
[13:56] {nemo} home or carry?
[13:56] {Jenh} wow. um home
[13:56] {nemo} .45
[13:56] {nemo} bigger the bullet the better
[13:56] {Jenh} thanks. you know a lot
[13:57] {Jenh} thought you would just give like one trial gun name
[13:57] {Jenh} thanks
[13:57] {nemo} .45 are actually an easier recoil to deal with than a .40 or 9mm...it's more of a push
[13:57] {Jenh} oh ok
[13:57] {nemo} self defense distances are usually under 10 ft
[13:58] {Jenh} that's actually really good to know
[13:58] {nemo} most are under 7 feet
[13:59] {nemo} question is, do you really have the balls to shoot somebody...if you don't, don't get one...I talked a guy out of buying one because I could tell he didn't have the demeanor
[13:59] {nemo} He'd just get it shoved up his ass
[13:59] {nemo} sold him pepper spray
[14:00] {Jenh} oh wow. ok. i'm hoping i would be able to. maybe i should just pepper spray then
[14:00] {nemo} "HOPE"  notice how many letters?
[14:00] {Jenh} dirty four letter word i know
[14:00] {nemo} yep
[14:01] {nemo} look if you got a nasty streak then could be...mindset more important then marksmanship at self defense distances
01[14:01] {@Threei}  thAn!
06[14:02] * @Threei slaps nemo around a bit with a grammar book
[14:02] {dptl} twtr almost same chart as fcx
06[14:02] * nemo shrinks ignominiously
[14:02] {nemo} got ur grenade launcher Vad?
01[14:02] {@Threei}  and won't hesitate to use it for a sec
01[14:03] {@Threei}  at the first sign of an enemy reaching for that pepper spray
[14:03] {nemo} you look handsome through a ballistic reticle
[14:03] {dptl} they call it bear spray here :)
01[14:03] {@Threei}  but jokes aside, nemo is right... you don't know whether you can use it until you are in that situation
[14:11] {nemo} FB .15 break looks interesting
01[14:11] {@Threei} Short Setup: TWTR  .60 break
01[14:11] {@Threei}  If holds  .70
[14:22] {nemo} finnies gonna' pop
01[14:24] {@Threei}  trail to .66
[14:25] {dptl} ok
[14:25] {nemo} choppy unlike yesterday
[14:33] {dptl} out twtr
[14:34] {dptl} choppy choppy
[14:39] {nemo} VXX looks like it's setting up long
[14:40] {nemo} might see if it can get closer to 27, that's also S3 daily
[14:43] {Jenh} g2g. dental appt. see you guys tomorrow
[14:43] {Jenh} gl trading!
01[14:45] {@Threei} Long Setup:  VLO  51 break
[14:46] {dptl} was just about to ask :)
[14:49] {dptl} .95 agrresive?
01[14:49] {@Threei}  rather .90, if holds .85
[14:53] {nemo} gap up tomorrow
01[15:01] {@Threei} Long Setup:  IWM  .30 break
01[15:01] {@Threei}  If holds  .20
[15:04] {nemo} VXX
01[15:08] {@Threei}  http://globalnews.ca/news/1702339/paying-to-cuddle-one-b-c-woman-says-business-is-booming/
[15:08] {nemo} $60 an hour
01[15:11] {@Threei}  stop to .24
[15:12] {dptl} out
[15:12] {dptl} oh well
[15:17] {dptl} i think we can try vxx now .05 break ...what do you think?
03[15:17] * stillstanding is now known as _hat23
[15:17] {nemo} buy it here
01[15:18] {@Threei}  yes, 22.01
01[15:18] {@Threei}  27
[15:18] {nemo} having said that, indexes are bull flagging
01[15:18] {@Threei}  and I am offended by your suggestion that I think
[15:18] {dptl} got .03
[15:18] {nemo} he said "i think" or whatever passes for thinking in his brain cell
[15:19] {dptl} lol
[15:19] {dptl}  stop .95? right?
[15:19] {nemo} nothin' personal dp, I just take the setup ;-)
[15:19] {_hat23} back again checking for sound
01[15:19] {@Threei}  for ow... trail to .99 after .05 break
01[15:19] {@Threei} Long Setup:  TEST
[15:20] {nemo} hate that stock
[15:20] {nemo} see dp
01[15:20] {@Threei}  1:1
[15:20] {dptl} out half
01[15:21] {@Threei}  however painful it is to admit, but nemo's right
[15:21] {nemo} as a matter of fact, or rhetoric as the case may be, you do yourself a disservice looking at .00 .05 .10 etc, the hft's hunt those levels
01[15:21] {@Threei}  not always
01[15:21] {@Threei}  1:2
[15:21] {nemo} alot
01[15:21] {@Threei}  this is a case of aggressive entry
01[15:22] {@Threei}  thwey are somewhat different
[15:22] {nemo} fuckers will get to .*9 and back off
01[15:22] {@Threei}  hat, need more tests?
[15:22] {nemo} if chart shows .03 break, might be worth taking .04
[15:22] {_hat23} yes please
[15:22] {nemo} instead of waiting for .06
01[15:22] {@Threei} Short Setup: TEST
[15:23] {nemo} aggressive perhaps, but look at the chart .03 break
[15:23] {nemo} so take .01
01[15:23] {@Threei}  yes, but herfe is the way to view it
01[15:23] {@Threei}  actual setup was 22 break,
[15:23] {dptl} trailing under .10
[15:23] {_hat23} one more please
[15:23] {nemo} huh?
[15:24] {JoebiWan} 27
[15:24] {nemo} when it held 27 whole
01[15:24] {@Threei} Long Setup:  TEST
[15:24] {nemo} yeah, like the padawan said
01[15:24] {@Threei}  27
01[15:24] {@Threei}  ,03 was in mind simply becase dp looked at it late,
[15:24] {nemo} ahhhh
01[15:24] {@Threei}  so the logic here is:
01[15:25] {@Threei}  22 break is setup,
[15:25] {nemo} there's that thinking again
01[15:25] {@Threei}  luckily it didn't get too far,
06[15:25] * nemo slaps Vad around with a lobotomy
01[15:25] {@Threei}  pilled back into 22 after break,
01[15:25] {@Threei}  grab it here
[15:25] {JoebiWan} lol
01[15:25] {@Threei}  and consider it either conservative entry after 22 break
[15:25] {_hat23} hear a sound but very low for some reason . even though volume turned up??
01[15:25] {@Threei}  or aggressive for .05
[15:25] {nemo} oh, got a funny story about a russian guy...true
[15:26] {nemo} he got a green card for he and his family
[15:26] {nemo} lived in LA
[15:26] {nemo} picked up a mistress
01[15:26] {@Threei}  that's something in your comp, hat, we do not control volume from here, we simply send a signal for a sound
[15:26] {nemo} they were knoodling...she said she was done, he said she wasn't and made her wait
[15:26] {nemo} until he was finished
[15:26] {nemo} She had him arrested, "no means no"
[15:27] {nemo} He was sentenced to 10 years...served 7, got out of prison gave up his green card
[15:27] {dptl} i actualy got in at 27.022 lol...stil holding last part
[15:27] {nemo} stop should be under .12
[15:27] {dptl} yep
[15:30] {nemo} o.k. vxx don't make a liar out of me (I do that well enough on my own)
[15:30] {dptl} out
[15:30] {nemo} sso long .43
[15:31] {nemo} stop under .35
[15:32] {_hat23} all my system sounds are now quiet so definitely on my end. Thanks.
[15:32] {nemo} well, that's simple to fix
[15:32] {JoebiWan} turn on speakers?
[15:32] {nemo} stop to .40
[15:33] {nemo} nah, control panel
[15:33] {dptl} well...a bit better after that trade :) not good but much better :)
[15:33] {nemo} mixer
[15:33] {nemo} wtf
[15:33] {nemo} I'[m out don't like look of other indexes
[15:33] {dptl} vxx same set up?
[15:34] {dptl} .05?
[15:34] {nemo} nah, circle jerk time with 60 grit
01[15:34] {@Threei}  nah
[15:34] {JoebiWan} ouch
[15:34] {dptl} ok
[15:34] {nemo} yep, no hair around my ankles and no noise when I flatulate
[15:35] {nemo} life's reward
[15:36] {nemo} scalping day?  this has been a sniping day...sheesh
[15:37] {dptl} i guess we are done for today
01[15:38] {@Threei} Long Setup:  IWM  .10 break
[15:38] {nemo} I think indexes are long hre
01[15:38] {@Threei}  If holds  116
[15:38] {nemo} oh oh
[15:38] {nemo} we think alike
01[15:38] {@Threei}  meaning, we don't
[15:38] {nemo} suicide becomes an opting
[15:38] {nemo} option
01[15:39] {@Threei}  nah, I want to see how it's going to end
[15:39] {dptl} fillings i get lol 116.115
01[15:41] {@Threei}  back and forth day, at about breakeven right now
01[15:41] {@Threei}  this position in IWM will move it above or under
[15:41] {nemo} Qcom kept me in the green
01[15:42] {@Threei}  aggressive in VLO at .70 did that for me
01[15:42] {@Threei}  kept b/e that is
01[15:42] {@Threei}  otherwise would have been in red somewhat
[15:42] {nemo} I took tna half out .51
[15:42] {nemo} love T & A
01[15:42] {@Threei}  half out IWM
01[15:43] {@Threei}  stop to .04
[15:43] {nemo} mine is .44
[15:44] {nemo} out
[15:47] {dptl} i am out
[15:47] {nemo} frickin' pins and needles scalping
[15:48] {dptl} ye choppy...negativ, but not bad after that vxx trade
01[15:48] {@Threei}  ok, done
01[15:48] {@Threei}  thank you all, have a good evening
01[15:48] {@Threei}  see you tomorrow
[15:48] {dptl} gn all
[15:48] {JoebiWan} cya thx

Monday, December 1, 2014

Dec 01 2014

Nice calm profitable day, no fireworks but a solid pay for a solid day of... well, joking around about fighting the robots and sharks on a Walmart parking lot. Don't ask. Our sense of humor is too weird.


Session Time: Mon Dec 01 00:00:00 2014

[08:53] {Jenh} gm
[08:53] {JoebiWan} gm
01[08:57] {@Threei}  jen, jw :)
[09:02] {dptl} good morning
01[09:03] {@Threei}  dp :)
[09:12] {cosmo} Silver is confused....got down to $14 last night...
[09:14] {cosmo} http://finviz.com/fut_chart.ashx?t=SI&cot=084691&p=m5
01[09:14] {@Threei}  PMs bounced after Japan rating cut by Moody's
[09:15] {cosmo} maybe Swiss related?
01[09:15] {@Threei}  swiss referendum sent them lower, then they recovered
[09:15] {cosmo} :)
01[09:15] {@Threei}  swiss of course voted no
[09:15] {cosmo} they say...
01[09:15] {@Threei}  come on... 78%
01[09:15] {@Threei}  and rightly si
01[09:16] {@Threei}  so
[09:17] {cosmo} they must like paper there
01[09:18] {@Threei}  oh stop with this zerohedge nonsense :)
[09:18] {nemo} he's a frickin' douchebag
01[09:19] {@Threei}  very few site followers know his real identity
[09:20] {nemo} yeah...he's a defrocked hedgie
01[09:21] {@Threei}  irony... he tried to make mnoney by insider trading, wallstreet banned him, he went on personal vendetta with that site, and goldbugs flocked to support... who? they guy thrown out for insider trading
01[09:22] {@Threei}  I also notice amazing phenomena: goldbugs tend to admire Putin
01[09:22] {@Threei}  one went as far as to call him a "leader of moral world"
01[09:22] {@Threei}  I was about to puke
[09:23] {nemo} well, he is, just depends on your brand of morality
[09:24] {cosmo} a morality hedge...
[09:25] {jfjf64} mornin
01[09:25] {@Threei}  jf :)
[09:25] {nemo} astute observation
01[09:27] {@Threei}  Upside:- ISR +29% (positive results from potential brain cancer treatment)- MNTA +5% (FDA fast track for cancer drug)- VNET +5% (gets $296M Investment From Kingsoft, Xiaomi and Temasek)- FEYE +2% (on reports of hackers attacking US healthcare firms)- GSK +1% ($1.6B cost cutting plan) Downside:- EXEL -7% (phase III trial does not meet primary endpoint)
[09:30] {ese} I'm here I'm here!!!!!! let the bells ring let the banners fly.....I'm here!
01[09:30] {@Threei}  ese :)
06[09:31] * @Threei hands ese a bottle of fresh valium
[09:31] {nemo} cyanide laced I hope
[09:32] {ese} lol
01[09:33] {@Threei}  nemo is subject to occasional astute homicide thoughts attack
[09:34] {nemo} it's instinctually reflexive in ese's case
01[09:34] {@Threei} Long Setup:  X  .75 break hl
01[09:34] {@Threei}  ic .65
01[09:34] {@Threei}  Invalidated
01[09:35] {@Threei} Long Setup:  X  .60 break hl
01[09:35] {@Threei}  If holds  .50
01[09:38] {@Threei}  1:1
01[09:39] {@Threei}  1:2
01[09:39] {@Threei}  will try for 1:4
[09:39] {dptl} all out x ty
01[09:40] {@Threei}  yw
[09:40] {jfjf64} ty
01[09:41] {@Threei}  :)
[09:42] {jfjf64} twtr
01[09:45] {@Threei}  *(US) NOV FINAL MARKIT MANUFACTURING PMI: 54.8 V 55.0E
[09:49] {ese} correction begins?
01[09:49] {@Threei}  who knows
01[09:50] {@Threei}  bears thought so about 8m983 times over last years'
[09:51] {ese} supposedly billions still on the sidelines that hasn't been committed
01[09:55] {@Threei} Short Setup: USO  .50 break
01[09:55] {@Threei}  If holds  .55
[09:57] {cosmo} those billions are waiting for the inflation, me thinks
01[10:00] {@Threei}  meh
[10:00] {dptl} out
[10:05] {nemo} UNP looks short
01[10:05] {@Threei} Long Setup:  TWTR  .25 break
01[10:05] {@Threei}  If holds  .15
01[10:06] {@Threei}  Invalidated
[10:08] {nemo} rails are getting pasted
[10:09] {nemo} red side starting to fill out
01[10:11] {@Threei} Long Setup:  TWTR  40 break
01[10:12] {@Threei}  If holds  .90
01[10:13] {@Threei}  1:1
[10:13] {dptl} out half
[10:13] {dptl} ty
01[10:16] {@Threei}  1:2
[10:16] {dptl} all out ty
01[10:17] {@Threei}  yw
01[10:18] {@Threei}  so, little secret... I found out from the friends in health department that dptl had a custom-designed surgery that out freeze-resistant plastic veins in his body, filled with ice. Specifically for traders
01[10:18] {@Threei}  out = put
[10:19] {dptl} lol...
01[10:24] {@Threei} Long Setup:  X  .50 break
01[10:24] {@Threei}  If holds  .40
01[10:24] {@Threei}  WHO: There is still a real risk of Ebola spreading around the globe
01[10:25] {@Threei}  ok, this is pathetic
01[10:25] {@Threei}  it's like "hey, everyone forgot about us at WHO, come on guys, panic some more"
01[10:25] {@Threei}  1:1
01[10:31] {@Threei}  have you ever seen peacock on the snow?
01[10:31] {@Threei}  https://www.facebook.com/VadymGraiferPhotography/photos/a.488848774527976.1073741828.483178015095052/753413068071544/?type=1&theater
[10:35] {jfjf64} fb  dbot
[10:35] {jfjf64} ?
[10:35] {dptl} p 19 break short may be
01[10:36] {@Threei}  not sure about FB
01[10:36] {@Threei}  not much enthusiasm
01[10:59] {@Threei} Long Setup:  VXX  ,55 break
01[10:59] {@Threei}  If holds  .45
[10:59] {nemo} index bounce time
01[11:10] {@Threei} Long Setup:  FB  .65 break
01[11:10] {@Threei}  If holds  .55
01[11:10] {@Threei}  fast...
[11:11] {dptl} yeah..
[11:17] {ese} well.......i sure did alot today........cya tomorrow.
[11:18] {nemo} he accomplished his mission, being annoying
[11:18] {dptl} man he is fast, couldnt even slap him...lol
[11:19] {nemo} smack him as he enters tomorrow
[11:19] {nemo} I miss Les
[11:20] {nemo} Vad, look at the vid I just shared in facebook
[11:21] {nemo} it's a frickin' squirrel playing with a cat
01[11:22] {@Threei}  seen that
[11:23] {jfjf64} ung
01[11:24] {@Threei} Long Setup:  FB  .60 break
01[11:24] {@Threei}  If holds  .50
01[11:24] {@Threei}  what the deuce, jumps as I type
[11:25] {dptl} :)
[11:37] {dptl} feels like its a short now below .50 fb
01[11:40] {@Threei}  Crude slipped to fresh five-year lows this morning, with WTI futures nosing down to $64 before bouncing back up to $67.50 as of writing. The oil collapse, the eight-month low in the China November manufacturing PMI data, defeat of the Swiss gold referendum and other factors are playing havoc with global markets.
[11:42] {dptl} how much is gas in Victoria now , Vad?
[11:43] {JoebiWan} fb annoying
[11:44] {nemo} time of day too...check setup at .80ish and then again at the whole number
[11:44] {dptl} range
[11:44] {nemo} trying to do breakdown breakout this close to lunch is tough
[11:45] {nemo} imo
[11:45] {nemo} imho
[11:45] {nemo} immho
[11:45] {nemo} immhso
[11:45] {JoebiWan} lol
[11:45] {nemo} I'm so full of shit
01[11:45] {@Threei}  1.12
[11:46] {nemo} ?
[11:46] {dptl} cheaper then here...1.23
[11:46] {nemo} ahhh
[11:46] {nemo} it's about .64 here
[11:46] {dptl} lol
[11:47] {dptl} thats almost free
[11:47] {nemo} USD that is
[11:47] {dptl} even with usd....i dont even remember when it was below a dollar here
[11:48] {nemo} killed those braincells, huh dp?
[11:48] {dptl} lol
[11:49] {nemo} That's o.k. I woke up this morning and see the comforter is on the floor
01[11:49] {@Threei} Long Setup:  VXX  .50 break
[11:49] {nemo} I ask my FWB why is that on the floor?
01[11:49] {@Threei}  If holds  .40
[11:49] {nemo} I guess I gave her a ridiculous...oops women in the room...nevermind
01[11:56] {@Threei}  1:1
[11:56] {dptl} half out ty
[12:03] {dptl} out some more
[12:03] {JoebiWan} ty vad
01[12:05] {@Threei}  1:2
01[12:05] {@Threei}  yw
[12:05] {dptl} strange...i had offer at .69 but got filled .70 :)
01[12:06] {@Threei}  cry me a river
[12:06] {JoebiWan} lol
[12:06] {dptl} lol...just neve seen that before :)
[12:07] {dptl} its like: here, we pay more, just sell it
[12:08] {dptl} stop under .60 for the last piece
[12:14] {dptl} all out ...ty :)
01[12:17] {@Threei}  yw
01[13:05] {@Threei}  Statistics Canada says the country’s homicide rate fell last year to 1.44 victims for every 100,000 people, its lowest level since 1966.
[13:05] {nemo} good thing I'm not there
[13:06] {dptl} lol
[13:08] {dptl} i actualy was reading statistics about most dangerous places in Canada, and was realy surprise to see Victoria taking second place after Prince George, as the most dengerous citys in Canada
[13:08] {dptl} strange :)
01[13:09] {@Threei}  that's bs
[13:09] {dptl} i couldnt believe it either , but thats what statistics said, go figure
01[13:10] {@Threei}  they lump in non-violent petty crimes, and in our particular case they count the crime from Greater Victoria area, but use only tiny Victoria proper population to calculate per capita
01[13:10] {@Threei}  so the number becomes grossly exaggerated
01[13:10] {@Threei}  there was a few articles about that
01[13:10] {@Threei}  were
[13:11] {dptl} oh...yeah, that may be the case.....hard to beleive , such a nice place and the most dangerous
01[13:12] {@Threei}  well, you know I can't walk through the city without getting bludgeoned and going on a murder spree myself
[13:13] {nemo} ctrp, wait until that buyer drops
01[13:13] {@Threei}  every time I leave the house I summon neme spirit
[13:13] {nemo} shit just did
01[13:13] {@Threei}  nemo
[13:13] {dptl} lol
01[13:14] {@Threei}  and come out armed with acute homicide mania
[13:14] {nemo} I haven't had a good run in since a St. Patrick's Day cultural exchange I had with 6 or 7 gentlemen back in '97
01[13:24] {@Threei} Short Setup: GLD  .95 break
01[13:24] {@Threei}  If holds  .05
01[13:33] {@Threei} Long Setup:  VXX  .35 break
01[13:33] {@Threei}  If holds  .25
01[13:43] {@Threei}  1:1
06[13:43] * @Threei slaps dptl around a bit with a with sell order to make sure her doesn't fall asleep while in trade
01[13:50] {@Threei}  hmmm... didn't think my slap is such a light touch
06[13:50] * @Threei slaps dptl around a bit with a fishing boat full of freshly caught wild salmon
01[13:55] {@Threei}  1:2
[13:58] {dptl} lol....had to step out for a min....missed the trade, nice one :)
[14:07] {JoebiWan} good one vad, ty
01[14:07] {@Threei}  yw
01[14:07] {@Threei}  isn't it nice to trade in coma
[14:17] {nemo} sso
[14:17] {nemo} or spy
[14:17] {nemo} probably bounce here to test vwap
[14:31] {dptl} watching amazon werhouse robots on bloomberg....cool stuff
01[14:32] {@Threei}  nothing cool about this machines conspiracy to overtake the world
[14:32] {dptl} yeah ...
01[14:32] {@Threei}  a few more years, you will report to your B-653 overlord
01[14:33] {@Threei}  and he will be like "what are you talking about dave"
01[14:33] {@Threei}  with large red light for an eye
[14:33] {dptl} yeah, seems thats our future :)
01[14:34] {@Threei}  and you will be like "please, can I go home 11 1/2 min early today, I need wuiet walk along the river"
01[14:35] {@Threei}  and he will be like "ugh humans... we need to get rid of all the rivers!"
[14:37] {dptl} it is scary...but according to telus slogan i see everywhere "the future is friendly'
[14:37] {dptl} lol
01[14:37] {@Threei}  sure it is
01[14:37] {@Threei}  to whom?
[14:37] {dptl} right :)
01[14:38] {@Threei}  I sure hope nemo has those anti-robot flamethrowers a-la Arnold
01[14:38] {@Threei}  we will get him to come to our island as last line of defense against the machines
01[14:38] {@Threei}  and last battle will take place here
[14:39] {dptl} nemo - the robot slayer.... lol
01[14:39] {@Threei}  and we will save him when shark bites off his leg on the walmart parking lot... this will be epic
01[14:42] {@Threei}  what, now I've done it? someone's calling 911 and asking for closest institution to send folks with long-sleeved shirts to my address?
[14:46] {dptl} i thought those institutions was shut down awile ago here, no government funding anymore
[14:46] {dptl} :)
01[14:46] {@Threei}  oh good, I am save then
01[14:46] {@Threei}  safe
[14:46] {dptl} lol...yep
[14:49] {dptl} all patiens out and about...lol
01[14:49] {@Threei}  because I have to admit... as much as I'd love to watch nemo's fight with shark, the idea that it woukld take place on walmart parking lot is a bit far-fetched even for me
[14:49] {dptl} lol
[14:52] {dptl} just wondering, if he"ll fight as a lost fish, or as insane captain of a wierd submarine :)
[14:52] {nemo} or as a Greek adventurer
[14:52] {dptl} oh that too :)
01[14:52] {@Threei}  as a cyclope slayer
[14:53] {dptl} lol...you guys...lol
[14:53] {nemo} ran into a german yesterday so was practicing my german.  He was astounded I knew about German artists
[14:53] {nemo} I guess he figures most Americans don't know where Germany is
[14:54] {nemo} Which is kinda' funny, because when I was over there and somebody asked where I was from I said Boston.  More than once I was asked if that was on the East or West coast
01[14:54] {@Threei}  can you blame him? the guy from NY store refused to ship his goods to me in Canada saying "sorry, we don't ship overseas"
[14:55] {nemo} nah, he was probably from New Jersey then
[14:55] {dptl} lol
01[14:55] {@Threei}  nope, manhattan store
01[14:55] {@Threei}  7th avenue
[14:55] {nemo} 3:30 rally a bit early
[14:55] {nemo} yeah, doesn't mean he wasn't from NJ
01[14:58] {@Threei}  wow... after atempt to storm Donetsk airport today, per intelligence report by the data take from radio conversation, 27 Spetsnaz fighters killed
[14:58] {nemo} Georgy must be pissed
01[14:59] {@Threei}  that must hurt, those are not your garden variety private
[14:59] {nemo} nope
01[14:59] {@Threei}  they throw elite forces to take that airport
[15:00] {nemo} must have been a trap for 27 of them to be killed
01[15:00] {@Threei}  usual conscripts have been killed in hundreds there
01[15:04] {@Threei}  https://www.facebook.com/VadymGraiferPhotography/posts/753742811371903
[15:05] {dptl} is it now?
01[15:05] {@Threei}  yesterday
[15:05] {dptl} hmm. i thought they only come in the summer
[15:06] {dptl} nice shot
01[15:06] {@Threei}  They stopped leabing for winter a few years ago
01[15:07] {@Threei}  population exploded since they don't spend all the energy for a long trip
[15:08] {dptl} interesting
01[15:09] {@Threei}  GLD got away
01[15:09] {@Threei} Long Setup:  IWM  .35 break
01[15:09] {@Threei}  If holds  .25
01[15:18] {@Threei}  1:1
06[15:18] * @Threei slaps jfjf64 around a bit with a large roll of cash
[15:19] {dptl} out some ty
[15:23] {pamsv} thats me done - thanks Vad thanks everone
01[15:24] {@Threei}  yw pam
01[15:25] {@Threei}  wow... did I slap jf into unconsciousness?
[15:27] {Jenh} thanks 3i! gn everyone. see you tomorrow
[15:30] {dptl} i am out
[15:30] {dptl} ty Vad...good day.....see ya all tomorrow :)
[15:30] {JoebiWan} ty gn
01[15:31] {@Threei}  take care jen, dp
01[15:32] {@Threei}  thank you all, have a good evening
01[15:32] {@Threei}  see you tomorrow

Friday, November 28, 2014

Market Week Wrap-up

TradeTheNews.com Oil Carnage Spills Into Deflation Fears
Fri, 28 Nov 2014 13:53 PM EST

OPEC's decision to refrain from a production ceiling cut drove most of the trading action this week. As the cartel confirmed on Thursday that it would not reduce its 30M bpd production target, oil prices plummeted to multi-year lows dragging down energy related equities, and oil-leveraged currencies like the Ruble and Norwegian Krone hit multi-year lows. The move in oil reinvigorated the broader market debate about whether the biggest impact of cheap energy will be the benefit to consumers or the threat of creating a deflationary wave. This was further substantiated by more weak CPI readings out of Europe and Japan. The other big trend of the week, the start of the holiday shopping season, got off to a solid start with preliminary Thanksgiving Day and Black Friday sales showing good year over year growth. The second read on US Q3 GDP came in better than expected, further validating the US as the leading edge of the economic recovery. For the week, the DJIA rose 0.1%, the S&P500 gained 0.2%, and the Nasdaq added 1.7%.

Third-quarter US economic growth was revised higher in the preliminary GDP reading, to +3.9% from +3.5% in the advance reading, well ahead of the +3.3% expected. The economy has grown at or above a 3.5% quarterly rate for four out of the last five quarters, although many observers suggest this pace of growth is not sustainable. Spending on investment in housing and by business grew strongly over the advance reading. In other US data, the headline October durable goods was up very slightly, driven up by a spike in bookings for military aircraft, but the core business investment segment looked weak. October personal income and spending was slightly lower than expected but bounced back from September's flat reading, returning to the steady rate of growth seen over recent months. The PCE series, the Fed's preferred measure of inflation, was pretty much flat in October.

Oil prices fluctuated in the first half of the week as major oil producers horse traded ahead of Thursday's OPEC meeting in Vienna. Prior to the meeting, oil ministers from Saudi Arabia and Venezuela met with non-OPEC nations Russia and Mexico to discuss falling prices. The four countries, which together account for about a third of global oil production, agreed to "monitor" prices and come together again in three months to assess the market. Interestingly, Rosneft CEO Sechin, the de facto oil tsar of Russia who was at the four-party meeting, said that even oil prices falling below $60/barrel would not force Russia to cut production. As the week wore on, it became clear that OPEC would not cut its production ceiling, and after the official announcement on Thursday crude futures plunged nearly 10%, dragging down oil-related equities. OPEC took the stance that the cartel does not want to give up market share and put the onus on the "new" players (i.e. North American shale oil) to reduce their production to stabilize the oversupplied market. For its part, OPEC indicated it may better enforce the cartel's 30 million bpd targeted production ceiling, which could trim 300 thousand bpd of overproduction if members adhere to their quotas. Brent crude ended Friday testing the $70/barrel level and WTI finished around $66/barrel.

Earnings reports were mixed this week. Deere's fourth-quarter results were stronger than expected but declined on a y/y basis, while the initial FY15 outlook was not very positive. The firm warned that farm equipment sales and profits would keep falling in 2015, but on the conference call insisted that next year would represent the trough in the cycle. Hewlett-Packard shares surged to a fresh three year high as headline results were about in line, but underlying trends continued to improve. Executives said that for the first time in several years HP saw operating margin expansion in every one of its business segments. Tiffany shares rose on Tuesday despite a slight miss on the top and bottom line for Q3 and trimming its fiscal year revenue guidance. Same store sales in the Americas region were a bright spot for the luxury retailer, rising in 11%, helping to offset a drop in Asia comps.

For the forex market, disinflation remained a key theme in both Asia and European. Dealers note that decline in oil prices following the OPEC meeting would make it even more difficult for central banks in Europe and Japan to push up inflation. Emphasizing that issue, the Euro Zone Nov Flash CPI estimate came in line with expectations, but matched a 5-year low. The focus is now turning to next Thursday's ECB rate decision for any hints that the central bank would be the next to carry the QE baton. ECB council members have stated that they want more time to assess the effects of prior stimulus measures to materialize, but European bond yields moved back to record lows in both core and peripheral nations on QE hopes.

The Shanghai Composite was lifted to fresh 3-year highs of 2,650 this week by the momentum of last Friday's surprise interest rate cut. PBoC has solidified the easing bias of its "prudent" policy stance with more cosmetic liquidity injections. On Tuesday, the central bank's offering yield in its 14-day repo operations was reduced by another 20bps to 3.20% - the 4th such cut in the cycle. Then on Thursday, PBoC deferred on further regular drain for the first time in 4 months, resulting in the net weekly injection of CNY35B, the biggest in 3 months. Increasingly proactive monetary policy has been further justified by more instances of deteriorating economic data out of the mainland, as China October industrial profits slumped by 2.1% y/y - the biggest decline since August 2012. Meanwhile in Hong Kong, the diminishing support for the Occupy Central movement has finally emboldened law enforcement to retake the protest site, as police moved in to clear the Mong Kok area, arresting student leaders and over 100 of their followers.

In Japan, the BOJ released the minutes from its controversial October policy meeting, when the central bank unveiled a fresh round of Quantitative Easing in a tight 5-4 vote. The minutes revealed that the dissenters feared the side effects of more QE, reinforcing the depth of the split in the policy committee and also suggesting the minority camp is well-entrenched in its position to take a less aggressive approach. Separately, the Cabinet Office November report maintained its overall economic assessment, but lowered its view on the Employment segment for the first time in 2 years. On Friday, Japan core CPI figures marked fresh multi-month lows, as slumping oil prices offered stiff resistance to the weak Yen in expanding Japan inflationary trend.

Wednesday, November 26, 2014

Nov 26 2014

Finished the low volume trading session early and decided to take a long relaxing weekend. Happy Thanksgiving, and till Monday!



Session Start: Wed Nov 26 00:00:00 2014

[08:42] {JoebiWan} gm
01[08:43] {@Threei}  jw :)
[08:45] {JoebiWan} we working friday?
01[08:45] {@Threei}  let's decide when folks are in
[08:51] {dino} gm, snow is falling
01[08:52] {@Threei}  dino :)
[08:54] {JoebiWan} mornin dino
[09:00] {RonS} gm...wow...the gang's all here
01[09:00] {@Threei}  ron :)
[09:01] {chasj} gm all
01[09:01] {@Threei}  chas :)
[09:02] {RonS} 3i, dredged this from the net...in case you might not have understood my "no joy in Mudville" post (classic Americana):  http://www.poetryfoundation.org/poem/174665
01[09:06] {@Threei}  lol... thanks Ron :)
01[09:07] {@Threei}  so, I guess crowd tore the umpire in half after the third strike?
[09:09] {RonS} i think he took a swing, and if not, back in the day this was written, people just yelled and sreamed...unlike Ferguson...
01[09:10] {@Threei}  those were simple times...
01[09:10] {@Threei}  people actually assigned blame where blame was due...
01[09:10] {@Threei}  how unsophisticated
01[09:10] {@Threei}  unenlightened
[09:13] {Jenh} gm
01[09:13] {@Threei}  jen :)
[09:15] {nemo} DE KLAC CTRP
[09:15] {dino} lol nemo, same 3 i'm watching
[09:16] {dino} vnet, sdrl too
[09:16] {nemo} Frankly, I was thinking specifically of you
[09:16] {nemo} yeah saw SDRL
[09:16] {RonS} wow nemo, ghostly and ghastly...wasn't that song one of johnny Cash's last?
01[09:16] {@Threei}  uh oh dino... he wakes up thinking of you...
[09:17] {nemo} ahhh...Seadrill suspends divident payments
[09:17] {RonS} and missed badly
[09:17] {RonS} de guided next Q rev -21%
[09:18] {RonS} yr -15%
[09:19] {RonS} lake drained
01[09:20] {@Threei}  lol
[09:20] {jfjf64} mornin
[09:20] {nemo} oh...did sexy Rexy get fired?
[09:20] {dino} that lake pisses me off, none available and no options
[09:21] {RonS} would be a bad deal in one of those suits...
[09:22] {RonS} rex has been acting like a dead man walking for three weeks...
01[09:22] {@Threei}  jf :)
[09:23] {pamsv} hi all!
01[09:23] {@Threei}  pam :)
[09:23] {dino} klac dividend 16
01[09:23] {@Threei}  Upside:
01[09:23] {@Threei}  -BLOX +11% (earnings)
01[09:23] {@Threei}  -LFC +8.0% (Shanghai to test tax-deferred pension schemes next year)
01[09:23] {@Threei}  -VEEV +6.4% (earnings)
01[09:23] {@Threei}  -TASR +5.3% (Ferguson, Winston-Salem police department purchase)
01[09:23] {@Threei}  -ADI +4.3% (earnings)
01[09:23] {@Threei}  -DWA +3.4% (broker upgrade)
[09:23] {nemo} ahhhh
01[09:24] {@Threei}  Downside:
01[09:24] {@Threei}  -SOL -15% (earnings)
01[09:24] {@Threei}  -VNET -14% (earnings)
01[09:24] {@Threei}  -CTRP -11% (earnings)
01[09:24] {@Threei}  -SDRL -11% (earnings)
01[09:24] {@Threei}  -AVAV -6.5% (earnings)
01[09:24] {@Threei}  -PWRD -2.8% (earnings)
01[09:24] {@Threei}  -DE -2.6% (earnings)
01[09:24] {@Threei}  -TIVO -2.4% (earnings)
[09:24] {ese} mornin...any filthy stinkin rich yet?
[09:24] {ese} whats with ya
[09:24] {ese} get at it eh!!!
01[09:25] {@Threei}  hey ese :)
01[09:25] {@Threei}  how's your jaw?
[09:25] {cosmo} I thought they stopped using tasers...
[09:25] {ese} mornin vad
[09:25] {cosmo} don't work, ya know...
01[09:25] {@Threei}  oh boy... -40 with windchill in Winnipeg
[09:25] {RonS} been chewing jerky, ese?
[09:25] {ese} nice
[09:25] {ese} lol!
[09:26] {RonS} din, CUB
[09:26] {ese} no...but I still have stitches in my mouth
[09:26] {RonS} +o
[09:27] {ese} at least no Tylynol 3's today with codine
[09:27] {nemo} unfortunately they didn't stitch your typing hands together
[09:27] {ese} ouch......
[09:28] {dino} ok
[09:28] {ese} true ....but I've kept a stash of them to deal with the pain of having to deal with nemo and les
[09:28] {dino} get well ese
[09:29] {dino} btw guys, quitting around 1 today. golf trip friday through tuesday. so back on wednesday next week
[09:29] {ese} nice....where to
[09:30] {dino} myrtle beach
01[09:32] {@Threei} Long Setup:  SDRL  .90 break hl
01[09:32] {@Threei}  If holds  .80
01[09:33] {@Threei}  lol
[09:33] {JoebiWan} wow
01[09:33] {@Threei}  teleportation
01[09:35] {@Threei} Long Setup:  VXX  .20 break
01[09:35] {@Threei}  If holds  .10
[09:35] {dino} ron, you get cub, nice spot
[09:36] {RonS} no, tried to sucker bid...missed...
[09:36] {dino} same here, was at 44.90
[09:37] {RonS} gone here later...'till next thurs, Puerto Vallarta...
[09:37] {dino} have fun buddy
[09:37] {RonS} lol...was at 44.10
01[09:37] {@Threei} Long Setup:  SDRL  .80 break hl
01[09:37] {@Threei}  Invalidated
01[09:38] {@Threei}  Invalidated  VXX
[09:39] {dino} premarket
01[09:40] {@Threei} Long Setup:  DAL  .35 break
01[09:40] {@Threei}  If holds  .25
01[09:42] {@Threei}  nope
01[09:44] {@Threei}  *(US) NOV CHICAGO PURCHASING MANAGER: 60.8 V 63.0E
01[09:45] {@Threei} Long Setup:  SDRL  .40 brea hl
01[09:45] {@Threei}  If holds  .30
01[09:46] {@Threei}  Hearing reports 7.0 magnitude earthquake strikes Indonesia
[09:48] {cosmo} No quake on my screens...
[09:49] {RonS} shake it...
01[09:49] {@Threei}  DAL again
01[09:49] {@Threei}  same setup
01[09:51] {@Threei}  SDRL seems to find support finally
01[09:51] {@Threei} Long Setup:  SDRL  .15 break hl
01[09:51] {@Threei}  If holds  17
01[09:54] {@Threei}  *(US) NOV FINAL UNIVERSITY OF MICHIGAN CONFIDENCE: 88.8 V 90.0E
01[09:55] {@Threei}  1:1  SDRL
01[09:55] {@Threei}  stop to .09
01[09:55] {@Threei}  too .14
[09:56] {dino} out db calls from last week, +.70/34%
[09:56] {RonS} gj
[09:56] {JoebiWan} nicer
[09:56] {JoebiWan} -r
[09:56] {dino} ty
[09:56] {Jenh} gj
01[09:56] {@Threei}  1:2
01[09:57] {@Threei}  no go DAL
01[09:58] {@Threei}  SDRL stop .29
[09:59] {dino} out fl calls from friday +.64 / 40%
[09:59] {JoebiWan} wtg
01[09:59] {@Threei}  closed on a trail
01[10:00] {@Threei}  10:00 *(US) OCT PENDING HOME SALES M/M: -1.1% V 0.5%E; Y/Y: 2.2% V 2.5%E
[10:02] {dino} ty
[10:03] {RonS} net comment:  "On to the next Ferguson. Feelings required. No evidence necessary."
[10:04] {dino} thats what they wanted, sad but true
01[10:08] {@Threei} Long Setup:  IWM  .20 break
01[10:08] {@Threei}  If holds  .10
01[10:09] {@Threei}  change to .15 break
01[10:10] {@Threei}  If holds  .08
01[10:12] {@Threei}  1:1
[10:19] {nemo} this will scare the shit out of you:  http://goo.gl/Ru3s3b
01[10:19] {@Threei} Long Setup:  TASR  22 break
01[10:19] {@Threei}  If holds  .90
[10:22] {RonS} tasr not just selling body cameras but a eco system whereby they take and manage the info on the cloud...
01[10:25] {@Threei}  what's with stubborn seller returning
01[10:32] {@Threei}  no go TASR
[10:41] {nemo} Nothing in life is so exhilarating as to be shot at without result. - Winston Churchill
[10:44] {nemo} He obviously never got divorced
[10:45] {RonS} hrl went ham...
[10:45] {nemo} what exactly entails going "ham"
[10:46] {JoebiWan} lol ron
[10:46] {nemo} eponymous in his case
[10:46] {RonS} when you hunt entrails go ham so figure it out...
[10:47] {nemo} you can just hear the gears grinding away
[10:48] {nemo} I think this cold is breaking up...I'm clearing some world-class loogers
[10:50] {RonS} poor ese and 3i...won't be able to eat oysters until thy can forget that...
[10:51] {nemo} or escargot
[10:51] {dino} r.e. sidetracted. might have just sold that little foreclosure i bought end of october
[10:52] {ese} i've read Winston Churchhill's " The Second World War"...all six volumes.....thought i'd get an insiders view point but it was not that revealing.....was looking for more behind the scenes revelations but it wa not to be
[10:52] {ese} eloquent writer though...as in vads quote above
[10:53] {nemo} whose?
[10:53] {nemo} [10:42] {nemo} Nothing in life is so exhilarating as to be shot at without result. - Winston Churchill
[10:53] {RonS} lol
[10:53] {ese} Churchhill
[10:53] {dino} ese, read the bloodlands.
[10:53] {ese} whos that by
[10:54] {nemo} RCL looks short
[10:55] {dino} tim snyder
[10:56] {ese} am reading "The Code Book" " The Secret History of Codes and Code-Breaking" by Simon Singh......this is a very interesting take on how some events in history turned out as they did
[10:56] {RonS} nemo has a code...
[10:56] {ese} no doubt
[10:56] {nemo} yeah...omerta
[10:57] {ese} lol
[10:57] {RonS} sdrl 142 blocks...wow
[10:57] {RonS} head code...
[10:57] {nemo} wow...that was actually kinda' funny
[10:58] {nemo} now if I only had some CODEin
[10:58] {nemo} CODEine
[10:58] {RonS} hehe
[10:58] {ese} sdrl really getting punished ron
[10:58] {nemo} that was subtle ese
[10:59] {RonS} well when you drop a $2 dividend...
[11:00] {nemo} RON!  He was goading you to come up with a Ronism...
[11:00] {ese} 05:56 [SDRL]  Wells fargo reiterates Underperform rating in SDRL citing suspension of dividend; Believes DO, RIG will ultimately follow suit - Source TradeTheNews.com
[11:01] {ese} ya just read that ron......
[11:02] {ese} rig being punished as well
[11:02] {ese} just looking at the sector
[11:04] {RonS} wow sdrl book/sh 21.60
[11:04] {ese} they must be freaking in the middle east.... Saudi Arabia....the world going solar and renewable electric they'll be dirt poorer sooner than we think
[11:05] {RonS} get 'em 3i...
01[11:06] {@Threei}  it's painkillers talking
[11:06] {ese} need to buy into camel livestock stocks.....get in on the ground floor
01[11:07] {@Threei}  they are losing money but solar has nothing to do with it
[11:07] {ese} what are you p killers for vad?
[11:07] {ese} on
[11:07] {RonS} lol
[11:07] {JoebiWan} the confusion is real
01[11:07] {@Threei}  lol
[11:08] {RonS} huge bids sdrl
[11:09] {nemo} conference call at noon
[11:09] {RonS} thanks for that...
[11:10] {nemo} np
01[11:11] {@Threei}  frikin TASR
[11:16] {RonS} wow de hod
[11:17] {ese} Hey wow...concert violinist now a CEO:08:13 [TEVA] Yitzhak Peterburg Elected Chairman of Teva’s Board of Directors Board of Directors has elected Professor Yitzhak Peterburg as Chairman, effective January 1, - Source TradeTheNews.com
[11:18] {ese} or maybe thats "Perlman"
[11:19] {ese} sheesh.......tough crowd
[11:22] {ese} you all will never understand my musical humor
[11:23] {nemo} I understand exactly what you said
[11:23] {ese} that may not be a good thing
[11:23] {nemo} frankly I was trying to remember the company that makes joint replacement parts to say that's who Perlman would probably join
[11:24] {RonS} syk and zmh
[11:24] {ese} rotflol
[11:25] {ese} I think i've got his name wrong to.....I think it's Itzhak.....with no Y
[11:25] {Jenh} srry ese. I'm sure it was funny. I'm just not a music person
[11:26] {nemo} No...it's ese, so it's not funny
[11:26] {nemo} I'm funny
[11:26] {Jenh} wow :)
[11:26] {ese} stick with me Jenn........I'll learn ya up!
[11:26] {nemo} poor Vad, he's ruined so many keyboards because of me
[11:27] {ese} lol
[11:27] {ese} yup
[11:27] {ese} and ive seen em!
[11:28] {ese} big pile of em in his back yard......just chucks em out the back door to a certain spot
[11:28] {ese} must be 50 at least
01[11:29] {@Threei}  and mark with chalk those that are nemo's fault
[11:29] {ese} yup seen those 2
[11:29] {RonS} marks last 10 seconds in the rain?
[11:29] {ese} what?   what rain?  wha da ya talkin about?
[11:29] {nemo} crimminy...wtf Ron
[11:30] {ese} theres no rain here
01[11:30] {@Threei}  I keep them under makeshift cover, to make sure I collect the evidence against nemo
[11:30] {nemo} The rain in ese's brain...oh wait
[11:30] {ese} ouuuuuuu....fancy yer self a song writer do ya
[11:30] {nemo} no...Dichter
[11:31] {ese} ?
[11:31] {ese} what the H is that
[11:31] {nemo} I don't make it simple, do I?
[11:31] {nemo} It's German for "poet"
[11:32] {ese} hmmmm didn't know that....cool ...learn something new every day
[11:32] {nemo} JPM
[11:32] {nemo} don't worry, you'll forget
[11:32] {Jenh} i'm lost....3i y do u loose so many keyboards?
[11:32] {nemo} occupational hazard...between spitting liquids, and chin-breaking boredom...
[11:33] {Jenh} ah ic now
[11:34] {ese} you all have a great rest of the day eh.......and happy thanksgiving to all you Ameican neighbors.......I'm thankful your around...take care huh!
01[11:35] {@Threei}  nemo has this horrible manner to say something funny right when I drink coffee
[11:35] {RonS} cya ese
[11:35] {nemo} this is gonna' hurt....
01[11:35] {@Threei}  take care ese
[11:35] {nemo} hope you feel better ese
01[11:35] {@Threei}  btw guys
01[11:35] {@Threei}  let's decide on Fri
[11:35] {Jenh} beye! happy thanksgiving
[11:35] {nemo} I'll be in the woods trying to kill Bambi
01[11:35] {@Threei}  do we want this low volume half day tirture, or let's have looong weekend?
01[11:36] {@Threei}  torture
[11:37] {Jenh} i'm game either way
[11:37] {nemo} I'll leave that one alone
[11:37] {Jenh} i'm too new to really decide i think
06[11:37] * @Threei hands Jen 2x4 to slap nemo with
[11:37] {nemo} Very simple Jen, what do you want to do with your time?
[11:37] {Jenh} y this time?
01[11:38] {@Threei}  anyone has an opinion?? :)
[11:38] {nemo} no, in general, so everytime
[11:38] {Jenh} oh ok :)
01[11:39] {@Threei}  let me reiterate: frikin TASR
[11:39] {Jenh} i want to learn, but I could spend the time reading instead of trading, so really...whatever every else agrees on
[11:40] {nemo} As I said, I'll be looking to kill Bambi
[11:40] {Jenh} wait!? bambi? y bambi?
[11:40] {nemo} brothers sisters, whatever
[11:40] {nemo} dad mum
[11:41] {Jenh} so it was u who killed his mom
[11:41] {nemo} I plead the 5th
[11:41] {Jenh} lol
[11:42] {nemo} We don't seem to be able to check crime, so why not legalize it and then tax it out of business? - Will Rogers
[11:43] {JoebiWan} vad, Ill be online either way friday
[11:47] {dino} Gotta hop, Happy Thanksgiving all, see you on Wednesday. fwiw 5" of snow and still falling hard
[11:47] {RonS} cya dino
[11:47] {nemo} yeah, getting a bit icy here
01[11:48] {@Threei}  take care dino, drive safe and have fun
[11:48] {Jenh} bye dino! have a happy thanksgiving!
[11:48] {JoebiWan} see ya dino gl with golf
[11:48] {dino} ty all
[11:53] {Jenh} i'm heading out too. have a wonderful thanksgiving everyone! I'll check to see if anyone is on Fri. If not, have a great weekend too!
[11:55] {pamsv} ok see you all - have a good one
[11:55] {nemo} P&Q
[12:09] {nemo} VMW
01[12:23] {@Threei} Short Setup: TASR  22 break
01[12:23] {@Threei}  If holds  .10
01[12:30] {@Threei}  valid still
[12:33] {JoebiWan} quick
01[12:33] {@Threei}  1:1
[12:33] {nemo} tasr
[12:33] {nemo} sorry
[12:41] {chasj} Bye all & happy thxgiving
[12:41] {JoebiWan} cya chas
01[12:47] {@Threei}  OK guys, let's have a very very very long relaxing weekend
01[12:47] {@Threei}  see you Monday!
[12:47] {JoebiWan} cya all
[12:47] {RonS} cya 3i
01[12:47] {@Threei}  happy thanksgiving
01[12:48] {@Threei}  show that turkey who is da boss

Tuesday, November 25, 2014

Nov 25 2014

Very quiet day, slightly positive but with a few more stops than we prefer. Short week...


Session Time: Tue Nov 25 00:00:00 2014
[08:57] {JoebiWan} gm
01[08:58] {@Threei}  jw :)
01[08:58] {@Threei}  chas, you can drop the _
01[08:58] {@Threei}  log in without it
[09:08] {dino} gm
01[09:10] {@Threei}  dino :)
[09:13] {dino} 8-10" of snow hitting me starting tomorrow
[09:13] {RonS} gm...go inside?
[09:13] {dino} lol
01[09:14] {@Threei}  lol
01[09:14] {@Threei}  ron :)
[09:16] {Jenh} gm
01[09:16] {@Threei}  jen :)
[09:17] {RonS} dino wday...they beat...
[09:18] {dino} ty on screen
[09:18] {RonS} got +1.10 wday pre already...
[09:18] {JoebiWan} gj ron
01[09:18] {@Threei}  is this legal?
[09:18] {__chasj} gm
01[09:19] {@Threei}  chas :)
01[09:19] {@Threei}  chas, go in without _
01[09:19] {@Threei}  log in
[09:19] {Jenh} gj
[09:19] {__chasj} 3i got your message
[09:20] {RonS} qihi spike
[09:20] {RonS} qihu
01[09:20] {@Threei}  just log out and log back in again as chasj
[09:20] {__chasj} ok
01[09:21] {@Threei}  much better
[09:21] {dptl} good morning all
[09:22] {dino} wtg ron
01[09:22] {@Threei}  dp :)
[09:23] {dino} vxx app 52 week low
[09:24] {chasj} 3i can u set my time in the room to eastern time rather than mountain time?
01[09:24] {@Threei}  I don't set it
[09:25] {chasj} oh ok
01[09:25] {@Threei}  it takes time from your comouter clock
01[09:25] {@Threei}  computer
[09:25] {chasj} ok thx
[09:26] {nemo} I feel like puppy poop
01[09:26] {@Threei}  so, back to normal
[09:26] {RonS} lol
[09:26] {pamsv} hi all
01[09:26] {@Threei}  pam :)
[09:26] {nemo} and by the way...vodka doesn't really work as a decongestant, but I'll keep testing
[09:26] {JoebiWan} lol
01[09:27] {@Threei}  you need to pour it through the nostrils
01[09:27] {@Threei}  Upside:
01[09:27] {@Threei}  -DSKY+11% (earnings)
01[09:27] {@Threei}  -LIVE +11% (robust increase in traffic from recent mobile ad campaign)
01[09:27] {@Threei}  -LAKE +7.9% (press story re: high Ebola suit demand)
01[09:27] {@Threei}  -VMEM +7.8% (earnings)
01[09:27] {@Threei}  -DSW +7.0% (earnings)
01[09:27] {@Threei}  -NUAN +5.3% (earnings)
01[09:27] {@Threei}  -PBR +5.3% (Citigroup upgrade)
01[09:27] {@Threei}  -QIHU +4.8% (earnings)
01[09:27] {@Threei}  -KANG +4.7% (earnings)
01[09:27] {@Threei}  -TIF +3.7% (earnings)
01[09:27] {@Threei}  -CBRL +3.1% (earnings)
[09:27] {nemo} nah, my nose has never been the same since the 70's
01[09:27] {@Threei}  Downside:
01[09:27] {@Threei}  -XCRA -9.0% (earnings)
01[09:27] {@Threei}  -WDAY -8.7% (earnings)
01[09:27] {@Threei}  -POST -7.5% (earnings)
01[09:27] {@Threei}  -P -4.8% (brokerage downgrades)
01[09:27] {@Threei}  -YGE -4.7% (earnings)
01[09:27] {@Threei}  -CYBR -4.3% (brokerage downgrades)
01[09:27] {@Threei}  -BRCD -4.2% (earnings)
01[09:27] {@Threei}  -DGLY -3.9% (potential profit taking from Ferguson)
01[09:27] {@Threei}  -DANG -2.3% (earnings)
01[09:28] {@Threei}  -MDGN -10% (secondary pricing)
[09:30] {jfjf64} morning
01[09:30] {@Threei}  jf :)
01[09:31] {@Threei} Short Setup: P  .10 break hl
01[09:31] {@Threei}  If holds  .20
01[09:33] {@Threei}  ,eh
[09:33] {RonS} sig smokin
01[09:33] {@Threei}  and DANG...?
[09:33] {RonS} shoes runnin...bws dsw
01[09:34] {@Threei}  rinse P
01[09:34] {@Threei}  grrr
01[09:35] {@Threei} Long Setup:  FB  .35 break
01[09:35] {@Threei}  If holds  .35
01[09:36] {@Threei}  change to .30
01[09:37] {@Threei}  If holds  .20
[09:37] {nemo} AAPL likely to try 120 and then pull back
01[09:38] {@Threei}  1:1
01[09:40] {@Threei}  O... another grrr
01[09:41] {@Threei}  got the idea right, but darn thing had to rinse first
[09:41] {dptl} p :)
01[09:41] {@Threei}  yeah, P
01[09:41] {@Threei}  "I am so disgusted with you, I can't even say your name"
[09:42] {dino} tif sm s .71b/s .01
01[09:42] {@Threei}  FB held SPY drop well
01[09:42] {@Threei}  must be a runner
01[09:43] {@Threei}  1:2
01[09:43] {@Threei}  let's try for 1:5
[09:43] {nemo} o.k. dino, ur good to go
01[09:44] {@Threei}  how come? 2 min more
[09:44] {nemo} I had 37 seconds
[09:44] {dino} yeah, jumped the gun again
06[09:44] * @Threei send nemo new watch
[09:45] {RonS} lake rising
[09:45] {nemo} Greg Lake?
01[09:46] {@Threei}  that's a third for ron this morning
[09:46] {RonS} is he dead?
[09:46] {nemo} don't think so
01[09:46] {@Threei}  sig smoking... shoes running... lake rising
[09:46] {jfjf64} im lost
[09:46] {nemo} as a matter of fact, he has done a lot of recording with Pete Townshend
01[09:46] {@Threei}  can't believe he omitted DANG though
01[09:48] {@Threei}  out FB on a trail
01[09:50] {@Threei} Short Setup: JPM  .40 break
01[09:50] {@Threei}  If holds  .50
[09:50] {chasj} IWM
[09:51] {dino} cov tif .71, +1.00
[09:51] {jfjf64} that a boy dino
[09:51] {JoebiWan} out tif +.55
[09:52] {JoebiWan} ty dino
[09:52] {dino} ty
01[09:52] {@Threei}  wtg
[09:52] {dino} gj joe
[09:53] {nemo} numbers at 10
[09:54] {dino} whats up w/gild last week or so, -15 or so?
[09:56] {RonS} thinking it's neg sentiment flow on high priced drugs...
01[09:56] {@Threei}  trail JPM to .46
[09:56] {dino} aeri spike
[09:57] {dino} dk ron, maybe call time on it
01[09:59] {@Threei}  *(US) NOV RICHMOND FED MANUFACTURING INDEX: 4 V 16E
[09:59] {jfjf64} die jp
01[09:59] {@Threei}  *(US) NOV CONSUMER CONFIDENCE: 88.7 V 96.0E
[10:01] {dino} numbers odd
[10:01] {RonS} how could the e be 96?
01[10:02] {@Threei}  - Expectations index: 87.0 v 93.8 prior (revised from 95.0)- Present situation index: 94.4 v 91.3 prior (revised from 93.0)- Those saying jobs are "plentiful": 16.0% v 16.5% prior- Those saying jobs are "hard to get": 29.0% v 29.2% prior (revised from 29.1% prior)- Prior consumer confidence revised lower from 94.5 to 94.1
01[10:02] {@Threei}  looks right
[10:05] {jfjf64} weird
[10:05] {jfjf64} jpm
[10:05] {jfjf64} ?
01[10:06] {@Threei}  ?
[10:06] {jfjf64} not following spy
01[10:06] {@Threei}  jf, you'll have to speak english... I barely understand that, let alone these modifications
[10:06] {jfjf64} lol
01[10:06] {@Threei}  it does
01[10:06] {@Threei}  1:1
[10:07] {jfjf64} ahh
[10:07] {jfjf64} love jpm
01[10:07] {@Threei}  1:2
01[10:07] {@Threei}  (close enough)
[10:07] {JoebiWan} brb
01[10:07] {@Threei}  it did same thing yesterday... sat for a while, then went fast
01[10:08] {@Threei}  it's a solid bank, you see... it would be unbecoming for it to jump as soon as we enter
[10:10] {RonS} dino:  Express Scripts covers 85 million patients and the list of drugs they won't buy is growing: http://bloom.bg/1vaWdiL
[10:12] {chasj} jpm, nice 1:3
[10:13] {chasj} thx 3i
01[10:13] {@Threei}  yw... but it's just 1:2 still
[10:14] {nemo} could argue jpm long .30 break here
01[10:14] {@Threei}  yeah, looks that way
01[10:14] {@Threei}  closed last 1/4
01[10:17] {@Threei}  wow FB
[10:17] {dptl} :)
[10:17] {jfjf64} going to 80.00
[10:20] {Jenh} thanks for jpm 3i!
01[10:20] {@Threei}  :)
[10:22] {dino} damn, should have stayed short tif
[10:23] {jfjf64} yep
01[10:26] {@Threei} Long Setup:  TWTR  .80 break
01[10:26] {@Threei}  If holds  .70
01[10:28] {@Threei}  what's with stubborn seller
[10:29] {dptl} heh
[10:29] {dino} fb luv
[10:29] {Jenh} darn twtr
[10:29] {Jenh} too quick
[10:29] {JoebiWan} anybody catch that?
[10:30] {dptl} only now
01[10:30] {@Threei}  in on pullback
01[10:30] {@Threei}  stop .74
[10:30] {dptl} on pull back
01[10:33] {@Threei}  meh
01[10:35] {@Threei}  hectic
01[10:36] {@Threei}  grr
[10:37] {dptl} a bit tight stop
[10:37] {chasj} double grr
[10:39] {jfjf64} vol spike tif
[10:40] {jfjf64} lod jpm
[10:41] {dino} gild gap 97
[10:42] {nemo} HD drops .30 should be good, especially if SPY tests other side of 207
01[10:44] {@Threei}  FB is unstoppable
[10:44] {dino} wday drop
[10:45] {nemo} aapl goog and fb are holding everything up
[10:45] {nemo} V
[10:45] {RonS} becn roof crashing
[10:46] {dino} too much snow on it
[10:46] {jfjf64} 107.49 s tif
[10:47] {RonS} post toastie
[10:48] {RonS} ...bet 3i doesn't get that one...
01[10:48] {@Threei}  sigh
[10:48] {jfjf64} pullbk fb
01[11:05] {@Threei} Short Setup: GDX  .85 break
01[11:05] {@Threei}  If holds  .90
[11:10] {RonS} someone bought 34k xle puts 12/5 85's for .95...3.23 mil bet
[11:12] {RonS} bet? probably the Saudi's are front running them blowing up the price of oil
01[11:13] {@Threei}  or Putin
01[11:31] {@Threei} Long Setup:  IWM  .80 break
01[11:31] {@Threei}  If holds  .70
[11:31] {dino} upld spike
01[11:39] {@Threei}  stop to .74
01[11:42] {@Threei}  half out IWM
01[11:42] {@Threei}  stop to .79
[11:43] {dino} ndrm drop
01[11:43] {@Threei}  1:1
[11:46] {nemo} wow...they had a barbecue in Ferguson last night
[11:46] {dino} yeah, no respect for rule of law
[11:46] {nemo} well, there's no respect for it at the top of the food chain either
[11:47] {nemo} problem there is all they are doing is screwing themselves
[11:47] {chasj} nemo that is true
01[11:47] {@Threei}  lesson from USSR... those who own nothing value nothing
[11:48] {nemo} old chinese saying:  "Steal a hook, hang as a crook, steal a kingdom, be made a duke."
[11:48] {dino} my point is that the mob had it planned to riot on any decision that went with police.
[11:48] {nemo} I understand dino
[11:48] {dino} mob wasn't about right or wrong
[11:49] {nemo} nope
[11:49] {nemo} http://goo.gl/SRSHQh
[11:58] {jfjf64} sad
[12:00] {jfjf64} lock +load
[12:16] {dino} wday sm l .50
01[12:18] {@Threei}  1:1  GDX
[12:18] {JoebiWan} gdx paysheints
[12:22] {jfjf64} fb .25 break
01[12:25] {@Threei}  The very good third quarter US GDP numbers gave markets a real sugar rush this morning, putting US futures in the black and sending European shares out to their highs. The rush did not last and the S&P500 is in the red at its lows and Europe has given up some or all of their gains.
01[12:25] {@Threei}  All eyes are on Vienna this morning, where oil ministers from Saudi Arabia, Russia, Mexico and Venezuela met for talks ahead of the official OPEC meeting on November 27th. The four nations reportedly agreed to meet regularly to "monitor" oil prices but did not agree to a collective production cut. Interestingly, Rosneft CEO Sechin said that even oil prices falling below $60/bbl would not force Russia to cut production.
01[12:26] {@Threei}  After running up as high as $76.60 before the meeting, WTI crude futures dropped back below $74 when it became clear the nations would not agree to cut.
[12:26] {dino} out wday .90, +.40
[12:28] {JoebiWan} gj dino
01[12:31] {@Threei}  http://postimg.org/image/klxuy04il/
[12:34] {dino} ty
[12:36] {chasj} 3i, has to be Buffalo
01[12:36] {@Threei}  I like to think of it as "anywhere but Victoria"
01[12:37] {@Threei}  at least as far as Canada is concerned
[12:37] {chasj} lol
01[13:03] {@Threei} Long Setup:  FB  .30 break
01[13:03] {@Threei}  ugh, late
01[13:03] {@Threei}  see if pyulls back
[13:04] {nemo} AAPL
[13:04] {chasj} too late
01[13:05] {@Threei}  got away
[13:06] {nemo} AAPL GOOG FB were carrying the market this morning
[13:09] {nemo} aapl .10 break
[13:10] {nemo} stop under .00
[13:10] {nemo} stop to BE
[13:10] {nemo} should get .40
[13:11] {nemo} gawd I feel like doo doo
[13:11] {jfjf64} that a boy nemo
[13:11] {jfjf64} or doo doo
[13:11] {jfjf64} what ever prefer
[13:12] {nemo} stop to .05
[13:14] {nemo} partialing @.39
[13:14] {dino} zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz
[13:14] {nemo} stop to .08
[13:16] {nemo} stop to .18
[13:16] {nemo} sorry, I'm out of it this week...I haven't been this sick in I don't know how long
[13:17] {nemo} stop to .18
[13:17] {nemo} right...said that
[13:17] {jfjf64} yes doo doo
[13:17] {jfjf64} good job
[13:17] {nemo} if it gets above .50 and holds, stop to .44
[13:17] {jfjf64} ty
[13:18] {nemo} this high right here is crucial
[13:18] {nemo} imo
[13:18] {nemo} end of the world kinda' shit
[13:18] {jfjf64} why
[13:19] {nemo} If I tell you...
[13:19] {nemo} ya' know the rest
[13:19] {nemo} one can make an argument for .34 stop
[13:20] {nemo} if you want to play the averages for a bigger gain, set stop to .18
[13:20] {nemo} you're profitable on a holiday week so...WTF!
[13:21] {jfjf64} stop .34
[13:21] {nemo} if aapl breaks this high.  .65 likely
[13:24] {nemo} stop remains, pubic hair stop to .28
[13:25] {jfjf64} what ya use fibs
[13:25] {nemo} sometimes, but not in this case
[13:25] {nemo} you can raise loose stop to .20
[13:27] {jfjf64} im starving see ya hour
[13:27] {nemo} thanks for the warning
[13:27] {jfjf64} vg no 1:4 till I ge back
[13:27] {nemo} just set stop orders
[13:27] {nemo} one cancels other
[13:27] {jfjf64} never
[13:28] {jfjf64} afraid that
[13:28] {nemo} fine, stick a carbide drill up ur  . . . .!
[13:28] {jfjf64} im out .34
[13:28] {nemo} I suggest you play with them, they work
[13:29] {jfjf64} ya sound like ya old self nemo
[13:29] {jfjf64} ya coming around
[13:29] {jfjf64} some more hot brandy
[13:29] {jfjf64} look this aapl
[13:30] {nemo} o.k. tight stop to .24, loose stil .18
[13:30] {nemo} aapl gets above these highs another .30 coming
[13:32] {nemo} stop .24
[13:32] {nemo} this is looking like a double top
[13:34] {nemo} low of .28, sheesh
[13:34] {nemo} aapl holds above .26 it goes
[13:34] {nemo} .46
[13:37] {nemo} this could be a bull flag on AAPL but you'l have to be willing to lower your stop
[13:40] {dptl} dal .30 break long may be
[13:42] {nemo} if you held aapl, stop below .15
[13:42] {nemo} needs to hold above .45ish
[13:46] {jfjf64} .55 break fb short
[13:47] {nemo} ahhh well, so much for the appl of our eye
[13:48] {jfjf64} did great job nemo
[13:49] {nemo} ty
[13:49] {nemo} one of my broken clock moments
[13:49] {nemo} FB is two way
[13:49] {jfjf64} just thinkin follow aapl
[13:49] {jfjf64} d top
[13:50] {nemo} you're short is correct, but above this high is long
[13:50] {jfjf64} looks higher
[13:50] {jfjf64} vol
[13:51] {nemo} look at 30 min
[13:51] {nemo} C&H
[13:52] {nemo} SPY IWM Looking short
[13:55] {jfjf64} .60 break
[13:55] {jfjf64} lower risk
[13:55] {jfjf64} worth shot
[13:57] {nemo} IWM weak, spy not so qqq iffy
[13:57] {nemo} tought calls
[14:00] {jfjf64} ya with me nemo
[14:00] {nemo} watching FB
[14:00] {nemo} still two way
[14:00] {jfjf64} .59 short me
[14:01] {nemo} Relative volume week, but not that week.  Today more treacherous than it looks
[14:02] {jfjf64} 1:1
[14:09] {jfjf64} thought I be hittin more stops on way down
[14:10] {nemo} see what I mean by treacherous?  Shorts favor high volume conditions
[14:11] {nemo} we've got negative 20 day relative volume...yesterday as a percentage of SPY price was one of th lowest relative range days in 5 years
[14:11] {nemo} shorts are a slog
[14:15] {dptl} see ya tomorrow all :)
[14:15] {jfjf64} enjoy dp
[14:16] {Jenh} bye dp!
[14:25] {jfjf64} see all tommorrow
01[14:25] {@Threei} Long Setup:  VXX  .15 break
01[14:25] {@Threei}  If holds  .05
01[14:25] {@Threei}  take care jf
01[14:25] {@Threei}  no crying if it does 1:3
[14:25] {jfjf64} I aint leavin yet
[14:26] {jfjf64} preesure on vg
01[14:26] {@Threei}  too late, you saud you were
01[14:26] {@Threei}  now you have to
01[14:45] {@Threei}  ok market, time to drop
[14:46] {nemo} btw...James Cromwell is one of the more underrated actors
01[14:47] {@Threei}  and scented candles have the most inpleasant smell
01[14:47] {@Threei}  (since we spew out random phrases having nothing to do with anything)
[14:48] {dino} no bones in ice cream
[14:48] {RonS} tough crowd...
01[14:48] {@Threei}  and Neanderthals were bad at drawing
01[14:49] {@Threei}  man, the educational value of this room is beyond comprehension
[14:49] {nemo} No...
[14:50] {nemo} life is about moments being indescribable...else they are mundane, and most of life is mundane...funny hearing such bullshit from a photographer/artist such as you...;-)
[14:51] {jfjf64} jf is peein his pants
[14:51] {jfjf64} lol
01[14:51] {@Threei}  nemo, you owe jf new pants
[14:52] {nemo} I'll buy him a box of Depends
[14:52] {jfjf64} oh thanks can lend to vg
[14:54] {nemo} Internet is a funny thing..impersonal, distant, disconnected...yet the paradox is....sometimes, we can connect with the core of all things.
01[14:54] {@Threei}  like, with server?
[14:54] {nemo} I have yet to be taught the proper Russian response
01[14:55] {@Threei}  nah, simple "smart a**" will do
[14:55] {jfjf64} lol
01[14:56] {@Threei}  this is not the case for heavy artillery
[14:56] {RonS} lol
[14:56] {nemo} nice cover Vad
[14:56] {jfjf64} common one hour of sellin
[14:57] {jfjf64} maybe to much to ask
[14:57] {jfjf64} 10 min
[15:01] {RonS} Canada is experiencing a shortage of cowboys.
[15:01] {RonS} $LAKE CEO Christopher Ryan said "the rush of Ebola-related orders “has led to a material improvement in our business”
01[15:02] {@Threei}  VXX stop .09
01[15:02] {@Threei}  was 1 cent from 1:1
[15:08] {RonS} lol...Louisville Coach Rick Pitino "Played Four White Guys and an Egyptian" to Try and Avoid Embarrassing a Team
[15:10] {RonS} "If I don't have any hand sanitizer with me, I'll pour a little vodka on my hands. Vodka's high alcohol content makes it a great disinfectant."
[15:14] {dino} saw that earlier ron, what a waste of vodka
[15:15] {RonS} from a flight attendant...probably stealing the booze from the airline...
[15:19] {dino} casy partial fill, l .40
[15:20] {pamsv} cheers guys - cya
[15:20] {nemo} LVS here
01[15:21] {@Threei}  take care pam
[15:23] {RonS} lol...hope that's not my wife...
[15:23] {dino} cya pam
01[15:29] {@Threei} Long Setup:  IWM  .05 break
01[15:29] {@Threei}  If holds  .95
[15:40] {chasj} IWM ouch !!!
01[15:41] {@Threei}  ?
[15:43] {chasj} got stopped out at 117.95, isn't that ere the stop was to be?
[15:43] {chasj} ere-Were
01[15:43] {@Threei}  yes... but why three exclamation marks, as if you got stopped $1 lower?
[15:44] {chasj} just a newbie, what can I say, but had a good day.
[15:44] {JoebiWan} dino 81 stop casy?
[15:45] {dino} chas lol
01[15:45] {@Threei}  stop is stop, take it and forget it
01[15:45] {@Threei}  no emotions
[15:45] {dino} joe yeah
[15:45] {chasj} gotcha
[15:48] {RonS} ...no joy in mudville...
[15:50] {dino} hsic spike
01[15:50] {@Threei}  Ok guys, boring day
01[15:50] {@Threei}  short week is short week
01[15:51] {@Threei}  thank you all, have a great evening
01[15:51] {@Threei}  see you tomorrow
[15:51] {Jenh} thanks 3i!
[15:51] {Jenh} gn everyone
[15:51] {chasj} nite all
[15:51] {dino} cut it joe
[15:51] {JoebiWan} yeah did..
[15:51] {JoebiWan} cya all ty
[15:51] {dino} out .12 -.28
[15:51] {JoebiWan} -.24
[15:52] {chasj} thx Vad
[15:55] {nemo} too bad...cat bounce here

Monday, November 24, 2014

Nov 24 2014

It's a rare case that opening play lasts this long, but 1:4 is 1:4. Patience is a virtue. 

(Chart courtesy of a broker)

With a few more trades here and there, polished by a final run to almost 1:3 target on IWM, decent day despite slowness of a short week.


Session Start: Mon Nov 24 02:11:11 2014

[09:08] {dino} gm
01[09:09] {@Threei}  dino :)
[09:10] {RonS} hi guys...hearing a dumperooskie heading to the northeast
01[09:10] {@Threei}  ron :)
01[09:10] {@Threei}  who's that?
[09:11] {RonS} 10" of snow
01[09:11] {@Threei}  I am not familiar with that word either
[09:13] {RonS} utx gap fill down
[09:13] {nemo} I feel like doo doo
[09:14] {cosmo} doo something then
[09:14] {RonS} cold or flu?
01[09:14] {@Threei}  lol
[09:14] {nemo} chest, throat, nose, head
[09:14] {nemo} I can't remember the last time I was sick
[09:14] {nemo} physically that is
01[09:16] {@Threei}  - Greece and Troika official set to meet in Paris on Tuesday, Nov 25th to discuss the stalled review
01[09:16] {@Threei}  lol'
[09:16] {nemo} 817k spy...gonna be slow with bias up
01[09:16] {@Threei}  see,. Greece can't remember last time when it was healthy
[09:17] {dptl} good morning all :)
01[09:17] {@Threei}  dp!
[09:18] {__chasj} gm
01[09:18] {@Threei}  chas :)
[09:18] {nemo} anybody see Pats game yesterday?
[09:19] {__chasj} saw broncos yeah!
[09:19] {nemo} methinks this might be Peyton's last year
[09:20] {Jenh} gm
[09:20] {__chasj} maybe
01[09:20] {@Threei}  jen :)
[09:21] {nemo} mmmhhh this illness seems to be affecting my sight too
[09:22] {RonS} outr 115 day pre high
[09:26] {jfjf64} morning all
01[09:26] {@Threei}  jf :)
01[09:26] {@Threei}  Upside:
01[09:26] {@Threei}  -RNA +62% (reiterated expectation of complete NDA submission for Drisapersen in Q1 '15)
01[09:26] {@Threei}  -PTP +20% (announced entry into a definitive merger agreement with RenaissanceRe Holdings at $76/shr)
01[09:26] {@Threei}  -TTPH +17% (strength attributed to recirculating chatter on financial blogs the company looking to sell itself)
01[09:26] {@Threei}  -SRPT +11% (momentum from RNA Drisapersen news)
01[09:26] {@Threei}  -STRZA +11% (acquisition talks heating up)
01[09:26] {@Threei}  -RGLS +7.8% (positive broker commentary; momentum from last week's RG-012 data)
01[09:26] {@Threei}  -GERN +5% (positive broker commentary)
[09:26] {pamsv} Hi all
01[09:26] {@Threei}  hi pam, welcome
[09:26] {pamsv} thanks :)
01[09:26] {@Threei}  Downside:
01[09:26] {@Threei}  -LGF -3.2% (Mockingjay opening weekend numbers)
01[09:26] {@Threei}  -BMRN -1.5% (RNA news of Drisapersen NDA submission)
01[09:26] {@Threei}  -UTX -1% (reiterated FY14 EPS, named CFO new CEO effective immediately)
[09:29] {dino} cbi?
[09:30] {dino} ahh gs downgrade
01[09:30] {@Threei}  yeah
01[09:30] {@Threei}  with 46 target
01[09:32] {@Threei} Long Setup:  FB  .60 break
01[09:32] {@Threei}  If holds  .50
01[09:33] {@Threei}  1:1
01[09:34] {@Threei}  1/4 more out
01[09:34] {@Threei}  stop .64
[09:35] {RonS} ocr drop
01[09:36] {@Threei} Short Setup: JPM  .25 break
01[09:37] {@Threei}  If holds  .30
[09:37] {dino} ocr drop
01[09:37] {@Threei}  a bit tight for opening play, but we better look for another entry if stopped
01[09:41] {@Threei}  die already JPM
01[09:42] {@Threei}  wow FB
01[09:42] {@Threei}  rug pull
01[09:44] {@Threei}  *(US) NOV PRELIMINARY MARKIT US SERVICES PMI: 56.3 V 57.3E
[09:45] {dino} ocr sm l .46
01[09:46] {@Threei}  TSLA Finance blog claims Tesla may have an undisclosed SEC probe
01[09:51] {@Threei} Long Setup:  TWTR  .85 break
01[09:51] {@Threei}  If holds  .75
01[09:52] {@Threei}  1:1  JPM
01[09:52] {@Threei}  took its sweet time
01[09:53] {@Threei}  Invalidated  TWTR
[09:56] {dino} ainc spike
01[09:57] {@Threei}  1/4 more out JPM
01[09:57] {@Threei}  stop .21
01[09:58] {@Threei} Long Setup:  TWTR  .80 break
01[09:58] {@Threei}  oops
01[09:58] {@Threei}  late
01[09:58] {@Threei}  ok in
01[09:58] {@Threei}  If holds  .70
01[09:58] {@Threei}  1:2  JPM
01[09:58] {@Threei}  stop to .16
01[09:59] {@Threei}  no go TWTR
01[10:01] {@Threei}  rinse
01[10:01] {@Threei}  somg
[10:02] {JoebiWan} http://www.youtube.com/watch?v=M2FmDysvDr8
01[10:02] {@Threei}  there you go
[10:03] {Jenh} lol
[10:05] {nemo} freestockcharts messed up today
[10:06] {jfjf64} trading view much better imo nemo
[10:06] {nemo} much more flexibility with FSC especially Beta 2
[10:10] {dptl} dal .80 break long may be
[10:11] {RonS} dp! didn't notice you came in...
[10:11] {dino} rnr smr l .35
01[10:12] {@Threei}  he sneaked in therouhg the backdoor
[10:12] {dptl}  Ron :)...yep ...sneaky little dude lol
[10:12] {dptl} 1:1 dal
[10:16] {dino} out ocr .96,
[10:16] {dino} +.50
[10:18] {jfjf64} nice dino
[10:18] {dino} ty
[10:21] {dino} out rnr .05, +.70
[10:21] {jfjf64} nice dino
[10:21] {dino} ty
[10:21] {jfjf64} missed that one
06[10:22] * dino slaps jfjf64 around a bit with a large trout
[10:23] {jfjf64} my charts messed up logix
[10:23] {jfjf64} anyone
[10:23] {nemo} yep me too
[10:23] {nemo} spy disappeared
[10:23] {nemo} FSC having problems today
[10:23] {jfjf64} mutta f   ka
[10:23] {dptl} spy chart yes
[10:23] {nemo} vodka almost gone
[10:23] {jfjf64} cant work like this
[10:24] {jfjf64} need shot
[10:27] {jfjf64} iwm
[10:27] {jfjf64} looks lk gonna explode
[10:28] {jfjf64} yeah sure
[10:28] {jfjf64} lol
01[10:30] {@Threei}  *(US) NOV DALLAS FED MANUFACTURING ACTIVITY: 10.5 V 9.0E
01[10:31] {@Threei} Long Setup:  VXX  .65 break
01[10:31] {@Threei}  If holds  .57
01[10:46] {@Threei}  things stalled
01[10:46] {@Threei}  chas, see pm please
[10:47] {__chasj} how
01[10:48] {@Threei}  doubleclick on my nick
[10:49] {nemo} sounds a bit perverted
01[10:49] {@Threei}  that's your dirty mind
[10:49] {dptl} lol
01[10:49] {@Threei}  to you, a bench in a park is perversion... somehow
[10:50] {nemo} "Pot, meet kettle."
01[10:51] {@Threei}  you get w window with my message, chas?
[10:53] {__chasj} never have done this don't know how to find mess
01[10:54] {@Threei}  doubleclick on Threei, there will be a pop-up window
[10:54] {jfjf64} chas sounds nervouse
[10:54] {jfjf64} careful
[10:54] {jfjf64} don't where pink blouse
01[10:54] {@Threei}  type in that window
[10:55] {nemo} where=wear
[10:56] {jfjf64} lol
[10:56] {RonS} lol...Turkey's Erdogan lashes out at U.S. after meeting Vice President Biden
[10:56] {nemo} don't blame him
[10:56] {__chasj} Not nervous just ignorant haha
01[10:56] {@Threei}  who wouldn't ron
[10:56] {nemo} mmmmhhh...fresh meat
[10:57] {RonS} Biden...the real reason the O can do whatever he wants...
01[10:57] {@Threei}  if I had to meet biden, I'd lash out at anything and anyone
01[10:57] {@Threei}  yeah... who would want to impeach him if biden wad an alternative
[10:57] {RonS} but what if you needed to study hair plugs?...
[10:59] {__chasj} is vxx still valid
01[10:59] {@Threei}  yes
[11:00] {__chasj} tkx
[11:00] {__chasj} thx
01[11:00] {@Threei}  all this time I trieds to think of any possible reason I would want to study hair plugs... I come up empty
[11:00] {RonS} if you were balding?
01[11:00] {@Threei}  I am
[11:01] {RonS} sorry to hear...
01[11:01] {@Threei}  (gracefully)
01[11:01] {@Threei}  if JPM breaks down here, will try for 1:4
[11:04] {RonS} gild pressure
01[11:07] {@Threei}  1:3  JPM
01[11:07] {@Threei}  very unhurried and quite nice trade
01[11:09] {@Threei}  1:4 baby
01[11:09] {@Threei}  out
[11:09] {JoebiWan} out ty vad
01[11:09] {@Threei}  yw
01[11:09] {@Threei}  is it weird to call a monstrous bank "baby?"
06[11:10] * @Threei slants at nemo, world reknown specialist in perversions
[11:11] {RonS} ...prob in bed sniffling...
[11:13] {__chasj} VXX taking its sweet time
01[11:14] {@Threei}  slow day
01[11:14] {@Threei}  let's trail it to .69
[11:15] {nemo} wow chart data feed problems
01[11:17] {@Threei}  to .59, lol
[11:21] {RonS} cna't help it...SKUL exploding
[11:21] {RonS} or type
01[11:23] {@Threei}  wow... JPM 1:5
01[11:26] {@Threei}  lok ron
01[11:26] {@Threei}  lol too
[11:27] {RonS} was thinking...look at what?
[11:27] {RonS} fold has bills flying...
01[11:27] {@Threei}  at my skillful typing of course
01[11:28] {@Threei}  who wouldn't marvel at that
[11:30] {RonS} where's Mr. "got my jaw jacked"?
01[11:32] {@Threei}  gosh... what's that, lol
[11:32] {RonS} ese
01[11:32] {@Threei}  oh
01[11:32] {@Threei}  haven't heard from him since surgery
01[11:32] {@Threei}  visual: http://tradinglog.realitytrader.com/2014/11/nov-24-2014.html
[11:49] {dptl} nice one
01[11:54] {@Threei} Long Setup:  FB  .20 break
01[11:54] {@Threei}  If holds  .10
[11:56] {nemo} my spy data just disappeared again
[11:56] {dptl} yeah
[11:57] {jfjf64} me too
[12:24] {__chasj} me too
01[12:26] {@Threei}  Invalidated  FB
[12:53] {dino} .
01[13:04] {@Threei} Long Setup:  VXX  .55 break
01[13:04] {@Threei}  If holds  .50
[13:19] {jfjf64} nemo charts wking logix
[13:20] {nemo} yeah...but everything a bit squirrely today
[13:20] {jfjf64} yes
[13:20] {nemo} I'll be watching a stock on a chart, and then the chart disappears
01[13:22] {@Threei}  this is new training feature
[13:25] {jfjf64} common vxx
[13:26] {jfjf64} get off ya ass and run
01[13:26] {@Threei}  ladies, feel free to slap jf silly
[13:26] {jfjf64} me like slap
[13:33] {dino} having option chain issues trademonster
[13:33] {nemo} probably part of the data feed issues today
[13:34] {nemo} aapl
[13:34] {nemo} about to break out again
[13:49] {dino} rnr sm l .70 stop .39
01[14:01] {@Threei}  meh
[14:06] {jfjf64} dino where stop
[14:06] {dino} .89
[14:11] {dino} to .11
[14:13] {dino} to .16
[14:15] {dino} out rnr .18, +.48
[14:15] {jfjf64} +43 cents
[14:15] {jfjf64} ty
[14:15] {dino} yw, gj
01[14:16] {@Threei}  wtg
[14:17] {jfjf64} dino did ya go long gps on friday
[14:17] {jfjf64} swing
[14:17] {dino} no, fl calls
[14:18] {jfjf64} good
[14:18] {jfjf64} both good
[14:18] {dino} fl was odd friday, nice baet and raise
[14:19] {dino} beat too, sheesh
[14:26] {nemo} spy looks breakoutish
[14:57] {jfjf64} gps short.04
[15:17] {jfjf64} zzzzzzzzzzzzzzzzzz
[15:17] {dino} indeed
[15:18] {dino} full day wednesday and half day friday, right?
[15:20] {jfjf64} think so
01[15:21] {@Threei}  correct
01[15:21] {@Threei}  November 27, 2014 Thanksgiving Day - U.S. Closed
01[15:21] {@Threei}  November 28, 2014 Early Close - U.S. 1:00 p.m.
01[15:22] {@Threei}  short week explains narrow acion today
[15:23] {cosmo} a long week for others
[15:24] {dino} a tough week for turkeys
01[15:24] {@Threei}  lol
[15:24] {jfjf64} lol
[15:24] {RonS} reason nemo has cold?
[15:25] {RonS} ...tough week for turkeys...
01[15:25] {@Threei}  he tries to get as many of them as possible before president's pardin?
01[15:25] {@Threei}  i=o
01[15:25] {@Threei} Long Setup:  IWM  .75 break
01[15:25] {@Threei}  If holds  .65
[15:26] {cosmo} pardin all turkeys by e.o.
[15:27] {cosmo} hmm...too late me thinks
01[15:30] {@Threei}  .80 break and iekqsplozhieon
01[15:30] {@Threei}  man... spellcheck just dainted
01[15:30] {@Threei}  fainted too
01[15:31] {@Threei}  1:1
01[15:31] {@Threei}  iekqsplozhieon it is
[15:31] {JoebiWan} lol
01[15:33] {@Threei}  just got a call from The Butchers of English Language Club. They elected me their president, no competition
[15:34] {__chasj} what does  .80 break and iekqsplozhieon mean?
[15:34] {dino} lol
[15:34] {JoebiWan} haha
01[15:34] {@Threei}  follow-up comment to .75 setup on IWM
[15:34] {dptl} lol
[15:34] {__chasj} ho ho with xmas spirit
01[15:35] {@Threei}  iekqsplozhieon, well... I'll be darned if I can explain it :)
01[15:35] {@Threei}  my sense of humor is weird, wretched and occasionally callous
[15:36] {__chasj} well i caught it thats what matters
01[15:36] {@Threei}  then again, I have an excuse - I communicate with nemo for years
[15:36] {__chasj} now i understand
01[15:36] {@Threei}  and we did have that party on a boat...
01[15:37] {@Threei}  in Nassau
01[15:39] {@Threei}  ah, here it is
01[15:39] {@Threei}  (gently edited out)
01[15:39] {@Threei}  see those glasses in front of us?
[15:40] {dptl} where is Nemo?
01[15:40] {@Threei}  sheesh... guess
[15:40] {dptl} lol
01[15:40] {@Threei}  are there so many variants?
[15:40] {__chasj} need nick names to coordinate
01[15:41] {@Threei}  when we run low on vidka, we found out that we are practically locked behind the table, no way to go around
01[15:41] {@Threei}  so, he just climbed onto the table and stepped over everything and everyone,
01[15:41] {@Threei}  went to the bar counter,
01[15:42] {@Threei}  realized that he doesn't want to do that again,
[15:42] {nemo} I'm convalescing
01[15:42] {@Threei}  so he grabbed a few full glasses of vodka, neat
[15:42] {__chasj} come on expose yourselves lol
[15:42] {dptl} lol
01[15:42] {@Threei}  and here is the kicker:
01[15:42] {@Threei}  next day I had full frikin day seminar!
[15:42] {nemo} oh yeah, that chick's husband didn't like me
01[15:42] {@Threei}  I mean as a soeaker
01[15:42] {@Threei}  speaker
01[15:43] {@Threei}  no he didn't
[15:43] {nemo} I kept telling her to pay attention to her husband
[15:45] {nemo} this being sick shit sucks
01[15:45] {@Threei}  1:2  IWM
01[15:45] {@Threei}  while nurturing last 1/4, yesterday's portrait I made:
[15:45] {__chasj} i thought maybe the pic was of the reality crew. thats why my crazy questions.
01[15:45] {@Threei}  https://www.facebook.com/VadymGraiferPhotography/photos/a.488848774527976.1073741828.483178015095052/750304858382365/?type=1&theater
01[15:46] {@Threei}  just me and nemo, chas... girls are seminar attendees
[15:46] {nemo} BTFD as always, governments buying stocks  FED and all central banks expanding balance sheets
[15:47] {__chasj} is that nemo next to you?
[15:47] {dptl} lol
[15:47] {dptl} roflol
[15:47] {nemo} yeah, back when I was seeing if I could grow my gray hair long
[15:47] {nemo} it's very short now
01[15:48] {@Threei}  and when I was 30 lbs heavier than I am today
[15:48] {__chasj} i had blk hair , dyed it grey HAHA
[15:49] {Jenh} 3i, did you add the black background to the peacock pic?
[15:49] {nemo} My hair was really curly when I was younger, all I could do was grow an afro...so the gray was straighter, thought I'd see what would happen.
01[15:49] {@Threei}  it was pitch black, I darkened it just a tad
[15:49] {nemo} Got to my shoulders and said, "o.k. did that."
[15:50] {Jenh} oh, really? nice. it's a great pic.
01[15:50] {@Threei}  flash lit peacock up
01[15:50] {@Threei}  ty
[15:50] {Jenh} i was wondering how you could get such a dark background, but if it was already dark...
[15:50] {Jenh} ah ic
[15:50] {__chasj} must have been good vodka
[15:50] {nemo} Vad doesn't drink bad vodka
[15:51] {dptl} :)
01[15:51] {@Threei}  otherwise would have to isolate the bird in photoshop, and paint the rest black... doable too if needed, kust requires time
[15:51] {jfjf64} 118
[15:51] {jfjf64} explode
[15:51] {Jenh} yeah that's what i was wondering, if you had to go around each one of those feathers
01[15:51] {@Threei}  yikes
01[15:52] {@Threei}  I have just one life :)
[15:52] {Jenh} lol
[15:52] {__chasj} I couldn't handle another
01[15:53] {@Threei}  wow... someone just bought this for $80: http://www.arrestinglight.com/p887556776/h1C738AD5#h1c738ad5
[15:53] {Jenh} ha, your life rough enough already chas?
01[15:53] {@Threei}  people need strangest images
01[15:53] {@Threei}  good thing I've got those
01[15:53] {@Threei}  btw, this is example of isolation in photoshop, jen
[15:53] {__chasj} good & bad times more good tho
[15:53] {Jenh} the peahen looks a little angry, but cute :)
[15:54] {Jenh} thanks, didn't know the word for it
01[15:54] {@Threei}  ok IWM
01[15:54] {@Threei}  do 1:3 and we are friends
[15:54] {nemo} Pahan?
01[15:54] {@Threei}  lol
[15:54] {dptl} lol..yep
[15:55] {jfjf64} me out ty
01[15:55] {@Threei}  I have 3 min more worth of patience
[15:55] {jfjf64} lol
[15:55] {jfjf64} see all tommorrow
[15:56] {dino} ty and gn
[15:56] {__chasj} bye all
[15:56] {Jenh} bye jf!
[15:56] {dptl} see ya tomorrow all :)
01[15:56] {@Threei}  thank you all
01[15:56] {@Threei}  have a great evening
01[15:56] {@Threei}  see you tomorrow
[15:56] {Jenh} gn everyone! ty
[15:56] {JoebiWan} ty cya all

Friday, November 21, 2014

Market Week Wrap-up

TradeTheNews.com Weekly Market Update: US Data Rocks, Europe Buys Paper, China Scissors Rates
Fri, 21 Nov 2014 16:09 PM EST

US equity markets racked up their fifth consecutive week of gains and the S&P500 closed out Friday at another all-time high. Meanwhile the ECB launched its ABS program as Europe hovers at the very edge of full-blown deflation, Japan entered technical recession as it reported its second consecutive quarter of economic contraction, and the PBoC sprung a surprise rate cut on Friday to reassure China about its own economic problems. Preliminary November European PMI data was not encouraging, while the flash November HSBC China PMI data was just at the edge of contraction. Meanwhile in the US, October housing data was excellent, weekly jobless claims fell to their lowest level since 2000, and the Philly Fed business outlook index rocketed to its highest reading since 1993. For the week, the DJIA rose 1%, the S&P500 added 1.2% and the Nasdaq gained 0.5%.

The unexpected contraction in Japan's preliminary Q3 GDP data (-1.6% y/y, -0.4% q/q) drove the Nikkei down 3% on Monday and gave the excuse Japanese PM Abe needed to delay the planned sales tax hike. Abe said he would call early elections to cement his "three arrows" economic reform program. The yen continues to be a one-way ride, with USD/JPY rising from 115.5 to 119, another seven-year low for the yen.

China's PBoC responded to recent soft economic data by cutting its benchmark lending and deposit rates by 40 basis points and 25 basis points, respectively. Meanwhile, the deposit rate ceiling was increased to 1.2x the benchmark deposit rate. In a note, Goldman Sachs said while the move itself is unlikely to have much of an impact on the economy, it sends a very clear signal that Beijing is willing to loosen its policy stance to support the economy and its willingness to use a broad spectrum of policy tools, much as it did earlier in 2014.

The minutes from the Oct 28-29th FOMC meeting showed that members are looking ahead to next year, continuing discussions about how exit strategy should be communicated. Only one member advocated dropping the key "considerable time" clause on forward guidance, but many said that it would be helpful if the Fed would soon clarify its approach to the pace of interest rate hikes. The committee observed that problems in overseas economies presented only a "limited" impact on the US recovery. The need to watch inflation was highlighted, and the notes observed that market-based measures of inflation had declined somewhat, but survey-based measures of longer-term inflation expectations had remained stable.

On Monday Draghi provided his quarterly update to the EU Parliament, and apart from familiar monetary policy talking points he offered heavy suggestions that sovereign bond buying by the ECB was still in the realm of possibility. Later in the week, Draghi recalled his landmark "whatever it takes" moment by saying the ECB will "do what we must to raise inflation and inflation expectations as fast as possible." Draghi said he fears low inflation could percolate through the economy and worsen the economic situation. His comments were taken as a strong signal that the ECB will forge ahead with quantitative easing in the months ahead. EUR/USD tanked late in the week, testing 1.2400 after the second Draghi speech and the ECB officially launched it ABS assets purchase program.

WTI crude pivoted around $75 this week before breaking out above $77 on Friday while Brent rose back above $81, aided by the implications of the PBoC rate cut. The OPEC guessing game of cut or no cut continued all week, with both analysts and OPEC nations seemingly split on the prospects for lowered quotas at the organization's meeting in Vienna on November 27th. Smaller non-Arab members led by Venezuela want to cut production and halt the slide in prices, while Persian Gulf members want steady policy. Non-OPEC member Russia is deeply distressed by lower oil prices and there was talk that the Russians might preemptively cut production to bolster prices.

Gold and EUR/CHF were whipped around by polls out ahead of Switzerland's "Save Our Gold" referendum, scheduled for November 30th. In recent weeks, polls had suggested more support in favor of the measure than against it, however two polls out this week suggested the no vote at well above 50%. Spot gold traded as low as $1,170 after the release of the new polls, but rebounded late in the week on the Chinese interest rate cuts. EUR/CHF had been testing 1.2010 all week, but backed off after the polls and talk of additional SNB intervention to defend the 1.2000 floor.

President Obama unveiled a sweeping executive order on immigration reform, including measures to let five million undocumented aliens remain in the country, to increase border security, and to provide more visas for high skilled foreign workers. The directive does not provide a pathway to citizenship. The Republicans widely condemned the move.

Retailers reported more third-quarter results this week, with nearly all citing a very highly competitive environment that is crimping margins. Big box retailer Target delivered an upside surprise, although y/y growth in profits and revenues was pretty anemic. BestBuy's margins, profits and revenue all saw healthy growth, while US comps were good and online comps were strong. Gap Inc met expectations but cut its FY guidance, while same store sales were negative. L Brands had a decent quarter with good comp sales gains.

Two gigantic deals took markets by storm on Monday. After a week of rumors, Actavis reached a deal to acquire Allergan for $219/share in cash and stock, in a total deal valued around $66B. Allergan's hostile suitor Valeant said it could not justify matching the price, giving up the fight. Baker Hughes agreed to be acquired by Halliburton in a cash-and-stock valued at around $34.6 billion.