Friday, April 27, 2012

Apr 27 2012

Very inactive but profitable day. Ending the week with 5 winning days, can't complain about some boredom on Friday.

Session Time: Fri Apr 27 00:00:00 2012
[08:40] {Les} morning
[08:41] {Les} US GDP comes in under consensus Annualised Q1 is 2.2%, less than the 2.5% expected
[08:46] {Threei}  morning les
[08:47] {Les} had yer coffee yet?
[08:47] {Threei}  no
[08:47] {Les} ugh
[08:55] {Threei}  market became totally used to European countries downgrades eh
[08:55] {Threei}  ignored Spain 2 nothces drop
[09:06] {dptl} gm
[09:07] {Threei}  dp :)
[09:08] {scottie} gm
[09:08] {Threei}  scottie :)
[09:08] {cipher} morning
[09:08] {Threei}  cipher :)
[09:09] {Threei}  left too early yesterday scottie... we had spectacular day
[09:09] {scottie} saw that in the trading log
[09:09] {scottie} great day vad
[09:27] {scottie} .
[09:28] {Threei}  no clear first trade
[09:28] {Threei}  watching
[09:31] {Threei} Long Setup:  FCX  .10 break hl
[09:31] {Threei}  If holds  38 
[09:32] {Les} half pivot is .89
[09:32] {Threei}  change to .05
[09:32] {Threei}  if holds .95
[09:33] {Threei}  38 itself was even better idea
[09:33] {Threei}  feel free to exit if got it
[09:34] {Threei} Short Setup: SLW  .35 break
[09:34] {Threei}  If holds  .45 
[09:37] {Les} TZA long below 18?
[09:37] {Threei}  Invalidated  
[09:38] {Threei}  not sure
[09:41] {Threei} Long Setup:  LVS  .65 break
[09:41] {Les} half lot long tza .06
[09:42] {Threei}  change to .55
[09:42] {Threei}  hl
[09:42] {Threei}  stop under .50
[09:42] {Threei}  half out
[09:43] {Threei}  .54 stop
[09:44] {Threei}  out
[09:44] {Les} 2nd entry?
[09:44] {Threei}  no
[09:45] {Les} half out tza .15
[09:45] {Threei}  good one
[09:45] {thomcbell} short setup swi 46.99 break if holding 47.20
[09:46] {thomcbell} target 1:4
[09:46] {Threei}  wow
[09:46] {Threei}  http://m.theglobeandmail.com/news/world/27-injured-in-4-blasts-in-ukrainian-city/article2415602/?service=mobile
[09:46] {Threei}  this is practically my city
[09:47] {Les} what? you mean you control it?
[09:47] {Les} another quarter at .20 .22 is pivot
[09:47] {Threei}  lived in one 40 km from it, spent my univercity years there
[09:48] {Les} .30 I am out
[09:49] {dino} crox l .97
[09:49] {Threei}  wtg
[09:49] {Les} ty
[09:49] {Les} big fat bearish MACD divergences on my screen
[09:52] {dino} wdc sm l .00
[09:55] {Threei}  *(US) APR FINAL UNIVERSITY OF MICHIGAN CONFIDENCE: 76.4 V 75.7E
[09:57] {thomcbell} out swi 
[09:57] {Les} sweet setup dino
[09:58] {Les} out wdc +.37 ty
[09:58] {dino} out wdc .70, +.70
[09:59] {dino} out crox .11, +.14
[09:59] {Threei}  beautiful
[09:59] {dino} ty
[09:59] {Les} wow it went straight back to the opening price
[10:02] {Les} TZA  good in all time frames
[10:03] {Les} SLW db?
[10:03] {Threei}  no
[10:03] {Threei}  doesn't look right
[10:03] {Les} ok
[10:04] {Les} RIG db?
[10:05] {Threei}  nope
[10:05] {Threei} Short Setup: SLW  .20 break
[10:05] {Threei}  If holds  .25 
[10:06] {Threei}  half out
[10:06] {Les} pivot is .06
[10:06] {Threei}  stop to .21
[10:13] {Les} tighten up stop for potential db?
[10:13] {Threei}  .16
[10:14] {Threei}  if loses .05, move to .11
[10:15] {Les} awww yeh
[10:17] {Les} .01 offer swept up
[10:17] {Threei}  out
[10:17] {thomcbell} duh swi
[10:17] {Threei}  maybe too tight but no clear read here
[10:18] {Les} I've got near 3 min positive crossover.  I wanted to tighten up
[10:20] {Les} another good mornings work. gonna clean up before the missus comes home
[10:20] {dino} gj les
[10:20] {dino} sm l chkp .90
[10:22] {dino} arsd drop
[10:22] {Les} ty. cheers
[10:36] {nemo} stopped in to say "Hi"
[10:37] {Threei}  hi
[10:37] {scottie} hi, nemo
[10:45] {dino} mdrx sm l .19
[10:49] {Threei} Long Setup:  TZA  .05 break
[10:49] {dino} mxwl drop
[10:49] {Threei}  If holds  18 
[10:52] {Threei}  no go
[11:02] {dino} chkp to b/e
[11:02] {Threei} Long Setup:  TZA  .18 break
[11:02] {Threei}  If holds  .95 
[11:04] {Threei}  target .15 - .20
[11:05] {dino} chkp to .99
[11:12] {Threei}  misreading the direction
[11:17] {dino} chkp to .07, slow motion trade
[11:18] {Threei}  this seems to be the only type of motion around today, lol
[11:20] {dino} mdrx to flat, not liking it
[11:24] {dino} mdrx out flat
[11:24] {dino} chkp to .12
[11:29] {dino} to .19
[11:31] {dino} out chkp .20, +.30
[11:35] {dino} uri spike
[11:50] {Threei}  market took vacation today
[11:51] {scottie} yawn
[12:08] {dino} zzzzzzzzzzz
[12:08] {Threei} Long Setup:  TNA  60 brea hl
[12:09] {Threei}  If holds  .85 
[12:11] {Threei}  Invalidated  
[12:29] {Threei}  wow... not every Fri in August is this boring
[12:34] {Threei}  NYSE volume 255M shares, about 11% below its three-month average
[12:34] {Threei}  no kidding
[12:35] {Threei}  Yandex Hearing Morgan Stanley raises price target to $35 from $34
[12:35] {Threei}  value added
[12:35] {dino} sbux lod
[12:35] {Threei}  try 35.20. Stanley
[12:35] {dino} opps, wrong
[12:36] {dino} stays like this much longer, i'm calling it a day
[12:36] {Threei} Short Setup: RIG  .95
[12:37] {Threei}  stop .03
[12:39] {Threei}  half out .86
[12:40] {Threei}  stop .06
[12:41] {Threei}  .96, sorry
[12:47] {dino} vvus spike
[12:47] {Threei}  out RIG .76
[12:47] {Threei}  +.19
[12:47] {Threei}  whew
[12:47] {Threei}  finally got something worthy
[12:47] {RonS} VVUS Avanafil Approval
[12:48] {Threei}  VIVUS, Inc Ticking higher; note the FDA is due to complete its review of Avanafil NDA on or before Sunday, April 29th
[12:48] {Threei}  looks like specu;ation on approval
[12:48] {Threei}  anyone got RIG?
[12:49] {dino} no
[12:49] {dino} vvus giving it all back
[12:49] {Threei}  come on... took hours to dig out this little pearl in the rough, and everyone ignored it
[12:50] {Threei}  {--- going to monastery
[12:50] {Threei}  VIVUS, Inc Ticking higher; FDA site discloses approval for Avanafil (Stendra) in treatment of erectile dysfunction
[12:51] {Threei}  story changes by minute
[12:51] {scottie} no, was away for a minute.
[12:51] {scottie} tough luck
[12:51] {Threei}  ugh
[12:52] {dino} wdc sm l .00
[12:52] {dino} kors spike
[12:55] {Threei}  OK guys, doctor's appointment... will be back as soon as I can
[12:57] {dino} kors sm s .49
[12:57] {dino} gj 3i
[13:00] {dino} kors stop -.33
[13:10] {dino} kors sm s .8
[13:27] {dino} stopped, done w/it
[14:23] {dino} fmcn spike
[14:37] {Threei}  back
[14:37] {Threei}  if anyone cares
[14:37] {scottie} hi vad
[14:38] {Threei}  hi
[14:38] {Threei}  not much happens I see
[14:38] {scottie} when the cat is away...
[14:39] {Threei}  lol
[14:43] {dino} how's that 3i, ok?
[14:44] {dino} eye
[14:45] {Threei}  yes, thank you
[14:45] {dino} good to hear
[14:53] {dino} that wdc is something else. destroys estimates and raises guidance. then drops over $6. what would happen if it missed?
[14:54] {RonS} go up?
[14:54] {dino} roflol
[14:54] {dino} i am going to re-load some and hold until monday
[14:55] {dino} reminds me of qcor the other day
[14:56] {Threei}  VVUS is hatled finally
[14:56] {Threei}  someone is going to get hurt badly
[14:57] {dino} approves drug
[15:01] {dptl} cnc
[15:01] {dptl} .60 long?
[15:02] {Threei}  I'd feel much safer with pullback under .50 and entey on a break
[15:02] {dptl} k
[15:08] {dptl} +.20 out 
[15:09] {dptl} ty
[15:09] {Threei}  worked like charm eh
[15:10] {dptl} yep, small sh jumpy little thing
[15:11] {dptl} it will go more but... friday you know :)
[15:19] {scottie} have a nice weekend
[15:19] {scottie} see you monday
[15:19] {Threei}  ok guysm let's call it a week
[15:20] {Threei}  have a great weekend, see you Monday
[15:20] {Threei}  it was great week
[15:20] {Threei}  we deserved good rest
[15:20] {dptl} ty gn all
[15:23] {Les} eveyone is gone?
[15:23] {dptl} almost
[15:23] {Les} Vad, flicking through the charts
[15:23] {Les} TZA
[15:23] {Les} .50 is s2
[15:24] {Les} db with .55 trigger?
[15:24] {Les} or we up into close?
[15:25] {Les} l .55 stop under .50 TZA
[15:26] {Threei}  everyone went home les
[15:26] {dptl} drink time
[15:26] {Les} been there done that
[15:27] {Les} just veging out in front of the computer. saw the indexes
[15:27] {Les} might have to wait for monday for these bearish divergences I'm seeing to play out
[15:32] {Les} how was the day?
[15:35] {Threei}  very inactive bot profitable
[15:35] {Threei}  two small stops
[15:36] {Threei}  got 20 cents on RIG short
[15:36] {Threei}  dp caught beautiful CNC long
[15:37] {Les} http://www.spiegel.de/fotostrecke/fotostrecke-81685-2.html
[15:37] {Les} not looking so regal now, is Tymoshenko
[15:39] {Les} half out .58
[15:41] {Les} no panicking on a friday arvo. interesting
[15:45] {Threei}  still time to panic
[15:53] {Threei}  there you go
[15:54] {Les} .65 or bust
[15:55] {Les} out flat last part. market holding on.
[15:55] {Les} ok. c u monday
[15:55] {Threei}  take care
[15:55] {Les} cheers. enjoy your afternoon.
[15:56] {Les} wish I was finishing work at 1