Session Time: Thu Jan 10 00:00:00 2013
[09:07] {goryl} gm
01[09:07] {Threei} morning goryl
[09:10] {scottie} good morning
01[09:11] {Threei} scottie :)
[09:14] {dino} gm
01[09:15] {Threei} dino :)
[09:18] {cipher} gm
01[09:19] {Threei} cipher :)
01[09:19] {Threei} HLF sharp dive
[09:20] {dino} govt investigation, hlf
01[09:22] {Threei} that was yesterday... gapped up today on rumors of Icann building a stake
[09:22] {dptl} good morning
01[09:22] {Threei} dp :)
01[09:30] {Threei} doesn't look like there is anything in the way of upward market
01[09:31] {Threei} Long Setup: STT 50 break hl
01[09:32] {Threei} if loses .90, will look for pullback entry
[09:33] {cipher} iaci l .23
01[09:34] {Threei} HLF has investor's meeting today
[09:34] {cipher} out iaci .39 +.16
01[09:35] {Threei} got .02 and .03 STT
01[09:35] {Threei} stop under .90, target 1:3
[09:37] {cipher} penn l .03
01[09:38] {Threei} Long Setup: AIG .90 break
01[09:38] {Threei} If holds .80
[09:39] {cipher} out penn .17+.14
[09:40] {cipher} fast l .34
[09:41] {nemo} indexes dropping
[09:41] {cipher} out fast .43
01[09:42] {Threei} no go AIG
01[09:44] {Threei} Long Setup: CAT .55 break hl
01[09:45] {Threei} If holds .45
[09:48] {dino} 07 red
01[09:49] {Threei} CAT 1:1
[09:49] {cipher} SRPT L .56
[09:52] {cipher} BIDU L .30
[09:53] {cipher} out bidu .50
[09:54] {cipher} out srpt .78 +.22
01[09:54] {Threei} wtg
[09:54] {cipher} ty
[09:55] {dino} gj cipher
01[09:55] {Threei} right direction of the trades, and they carry you to the profit
01[09:55] {Threei} IMO, pullback are to be bought
01[09:55] {Threei} and upward salmons
01[09:56] {Threei} STT worms its way up to 1:1
[09:56] {cipher} CAVM L.48
[09:57] {cipher} cavm stop .-08
01[09:57] {Threei} salmon at its best so far
01[09:59] {Threei} 1:2
01[09:59] {Threei} CAT 1:2
01[10:00] {Threei} out CAT in full, last piece of STT for 1:3
01[10:00] {Threei} *(US) NOV WHOLESALE INVENTORIES: 0.6% V 0.2%E
[10:00] {cipher} CAVM L .50
[10:01] {cipher} out .74
[10:01] {cipher} FEIC L .15
01[10:01] {Threei} anyone is taking these? CAT, STT?
[10:02] {dptl} stt ty
[10:02] {goryl} took both Vad, ty
01[10:02] {Threei} cool :)
[10:02] {_jdetente} yes ty
01[10:02] {Threei} :)
01[10:02] {Threei} btw dp... whatever you, do not read the log of yesterday, after you left
[10:03] {dptl} i did alredy :)
01[10:03] {Threei} OK, then don't tell nemo that it hurt - he will derive too much pleasure from it
[10:04] {cipher} srpt l .20
01[10:04] {Threei} look at HLF
[10:04] {cipher} out srpt .32
01[10:05] {Threei} too volatile for my taste, otherwise would have been perfect for pullback entry as I preached
[10:05] {cipher} out feic .37 +.22
01[10:05] {Threei} but dino and cipher might want to keep an eye on it
[10:06] {cipher} stt +.15 thx vad
01[10:06] {Threei} welcome
01[10:07] {Threei} oh god... HLF exec: "it's about a shake, a tea, and aloe AND A HUG"
01[10:08] {Threei} shoot me
[10:09] {cipher} mcrs s .17
[10:11] {dptl} met .50 long?
01[10:11] {Threei} Short Setup: GDX .30 break
01[10:11] {Threei} MET, too narrow
[10:13] {dino} caci hl l .80
[10:13] {cipher} expe s .95
01[10:13] {Threei} Invalidated
[10:14] {dptl} clf long?
[10:15] {cipher} cov expe .85 +.10
[10:15] {cipher} cov mcrs .11 +.06
01[10:15] {Threei} no, let's wait a bit
01[10:15] {Threei} this pullback is somewhat out of today's character for SPY
[10:16] {cipher} expe l .72
01[10:16] {Threei} not sure "buy pullback" mantra is still intact
[10:16] {nemo} yeah, gaps galore
[10:16] {cipher} stopped expe -.03
[10:16] {nemo} I wonder if she's related to that Bond chick...;-)
01[10:17] {Threei} oh boy... took me a few, lol
[10:17] {nemo} too much vodka Vad?
01[10:17] {Threei} no... actually too little to follow all the twists of your pervert mind :)
[10:17] {cipher} expe rinse damn
01[10:17] {Threei} perverse
[10:18] {nemo} pot calling kettle black?
01[10:19] {Threei} GDX
01[10:19] {Threei} setup is back
01[10:19] {Threei} same, .30 break short
[10:19] {dino} abg hl l .95
[10:19] {cipher} amgn l .62
01[10:20] {Threei} invalidated again
[10:20] {nemo} cipher this is S3 and the 200 day on amgn, careful
[10:20] {nemo} oh long, cool
[10:20] {nemo} sorry
01[10:21] {Threei} GDX is like my relationship with clothing... on again, off again
[10:21] {nemo} 50 day sorry
[10:21] {nemo} sheesh
[10:21] {nemo} who's drinking too much vodka
[10:21] {nemo} ?
[10:21] {cipher} out amgn .70 +.08
06[10:21] * nemo {{{===
[10:22] {cipher} thx for the heads up nemo :)
[10:22] {cipher} it was only a scalp
[10:22] {cipher} no long term commitments here
[10:22] {nemo} yeah, dump the bitch
[10:23] {cipher} that's right
[10:23] {nemo} but I'm looking for 90ish
[10:23] {nemo} .90ish
[10:23] {nemo} remember, if it weren't for THEM we'd still be in The Garden of Eden
[10:23] {cipher} that is 43.90 right?
[10:24] {dino} caci stop -.30
[10:24] {nemo} amgn, 87.90 ish
[10:24] {cipher} ic
01[10:24] {Threei} still have last piece of STT
01[10:24] {Threei} for .30
[10:24] {dptl} mee too
[10:25] {goryl} ran out of ammo at 20
01[10:25] {Threei} I actually sais it to remind myself about it, lol
[10:25] {nemo} partialing amgn here
[10:25] {nemo} ty cipher
[10:25] {cipher} np :)
01[10:25] {Threei} that's fine goryl, really takes longer than I expected, so taking 1:2 might not be a bad idea
[10:25] {nemo} looking for pull back near .90, little bit of conslidation and thne on a bit more
[10:26] {cipher} amgn s .90
[10:26] {nemo} wow
[10:30] {cipher} cov..65 +.25
[10:30] {dptl} ? what is going on?
01[10:30] {Threei} no news yet
[10:30] {nemo} broke range
[10:30] {dino} mkt drop
[10:30] {nemo} big gap up
[10:30] {cipher} glad I was short something
01[10:31] {Threei} good think I backed off from buying pullbacks
[10:31] {cipher} and not otherwise
[10:31] {nemo} big boy volume on spy
[10:31] {cipher} classic gap and trap
01[10:31] {Threei} that was one serious rug pull
[10:31] {nemo} yep
[10:31] {cipher} big boys at work
[10:31] {nemo} bids, what bids?
01[10:31] {Threei} and still no news
[10:31] {nemo} look that two minute spy volume
[10:31] {nemo} BOHICA
[10:31] {cipher} someone knows something
01[10:32] {Threei} look at STT salmon
[10:32] {nemo} yeah, watch how GS trades
01[10:32] {Threei} OK, GDX
01[10:32] {Threei} valid again
01[10:32] {Threei} bit this is last time
01[10:32] {Threei} to remind,
[10:32] {cipher} did GS go down before the SPY?
01[10:32] {Threei} Short Setup: GDX .30 break
01[10:33] {Threei} no
01[10:33] {Threei} same time
[10:33] {cipher} ok
01[10:33] {Threei} 10:31 drop for both
[10:33] {nemo} GS tends to be a canary in the Coal Mine, watch how it trades during the day
[10:34] {cipher} gotcha
[10:34] {nemo} Of course, I could be full of shit
[10:34] {dino} lol
[10:34] {cc_8} MARKET SNAP: At 6:00 a.m. ET, S&P 500 futures up 0.3%. Treasury yields rise. Nymex crude up $1.56 at $94.66; gold 0.2% higher at $1,660.70. In Europe, FTSE 100 up 0.2%, DAX up 0.2% and CAC 40 down 0.1%. In Asia, Nikkei 225 up 0.7% and Hang Seng up 0.6%.v
[10:34] {cc_8} Overnight action: Deutsche bank profits big from Libor bets; Google’s Schmidt presses North Korea; Three Kurdish activists shot dead in Paris.
[10:34] {cc_8} Watch for: Weekly jobless claims (8:30 a.m. Eastern Time): seen: 363,000; last: 372,000. November wholesale inventories (10:00): seen: +0.3%; last: +0.6%. November Job Openings & Labor Turnover survey (10:00). EIA weekly natural gas storage report (10:30). 30-year Treasury bond auction (1:00 p.m.). Supervalu, MSC Industrial and Synnex are scheduled to report quarterly results.
01[10:35] {Threei} GDX 1:1
[10:36] {cipher} +.09 GDX thx
01[10:36] {Threei} :)
[10:37] {goryl} target Vad?
[10:37] {_jdetente} scalped GDX. ty!
01[10:37] {Threei} yw :)
01[10:37] {Threei} 1:2 mac, goryl
[10:38] {goryl} out:)
01[10:38] {Threei} not that it can't go lower, I just can't read beyond that in this strange market drop
01[10:38] {Threei} 1:2, over and out
[10:38] {cipher} vrtx S.64
[10:41] {cipher} cov .60
[10:41] {dptl} wlt .30 long?
[10:41] {dino} msm hl l .55 gappy sucker
01[10:41] {Threei} out SATT on a trail
01[10:41] {Threei} STT
01[10:41] {Threei} WLT, yes, hl
[10:42] {goryl} u taking it Vad?
01[10:42] {Threei} not sure
01[10:42] {Threei} chart's good, but I am not really inclined to take long breakouts right niw
01[10:43] {Threei} probably will skip it
[10:43] {goryl} k
[10:43] {dptl} ok
[10:43] {dino} out msm .05, +.50
[10:43] {cipher} msm +.34 thx dino
[10:43] {dino} np
[10:43] {cipher} glad I dumped tha bitch
[10:43] {cipher} scary
[10:45] {nemo} vrtx, unless market turns good probably to 43.10 area
[10:46] {nemo} sheesh 47.10
01[10:46] {Threei} WLT works
[10:53] {cipher} mygn l .50
[10:54] {cipher} out .60
[10:54] {cipher} signing out
[10:54] {cipher} cya
[10:54] {dino} cya
01[10:55] {Threei} take care cupher
[10:55] {goryl} cipher, if u have a min take a look at my message
[11:02] {dino} mg hl l .15
01[11:02] {Threei} tbell... missed nice morning
[11:02] {thomcbell} ugggh
[11:03] {thomcbell} glad u guys did well
[11:04] {dptl} btu .38 short?
01[11:05] {Threei} yup
01[11:05] {Threei} with .46 stop
[11:05] {goryl} taking it vad?
01[11:06] {Threei} yup
[11:06] {goryl} hl?
01[11:06] {Threei} nah, full lot, stop is small
01[11:06] {Threei} andf it's not overly volatile
[11:07] {dino} elli hl l .95
[11:09] {scottie} ok I'm back, in BTU .37
01[11:10] {Threei} back?
[11:11] {scottie} was away most of the morning
[11:11] {scottie} missed all those good trades
01[11:11] {Threei} arrgggh :(
[11:15] {dptl} oh come on btu...die
01[11:16] {Threei} {BTU} you no like me... :(
[11:19] {dino} veco drop
[11:20] {dino} gap filled
01[11:21] {Threei} LOL... "I have a device in my pocket that allows me access to the database of the knowledge accumulated by humanity to date. I use it to look at cats and argue with strangers"
[11:27] {_jdetente} BTU...curses
01[11:27] {Threei} mo worky BTU
[11:27] {dptl} stopped
[11:27] {dino} hl veco l .15
[11:31] {dptl} pay .60 long?
01[11:32] {Threei} meh
[11:34] {dptl} dg .90 sh?
[11:36] {dino} cmp drop
01[11:36] {Threei} nah, not really moving
[11:38] {dptl} have to leave early..see ya tomorrow all
01[11:38] {Threei} take care dp
[11:38] {scottie} dp
[11:38] {dino} cya
[12:00] {dino} cmp sm l .93 gappy
[12:03] {dino} lm spike
01[12:03] {Threei} *(ZA) FITCH DOWNGRADES RATING OF SOUTH AFRICA
01[12:03] {Threei} not sure we care but...
[12:05] {dino} lm buyout rejected
[12:17] {nemo} nflx momo
[12:20] {dino} bidu, nflx spikes
01[12:47] {Threei} (US) VP Biden: Gun control proposals to be provided to the President by next Tuesday, 1/15***Note that VP Biden is leading the administration's gun control efforts and is expected to put out recommendations in the next two weeks so that Pres Obama can mention them in his inaugural address on Jan 21. A recent WaPo article asserted that the administration is considering a broad range of measures to reduce gun violence that would include more than a ban of assault weapons and high-capacity ammunition, universal background checks for firearm buyers, tracking the movement and sale of weapons through a national database, strengthening mental health checks, and stiffening penalties for carrying guns near schools or giving them to minors
01[12:59] {Threei} Shooting reported in high school in Southern California - The incident happened in at Taft High School in Kern County; at least 2 victims reported shot, suspect in custody
[13:14] {scottie} NFX l .20
[13:15] {dino} out cmp .83, +.90
[13:17] {scottie} forgot the question mark
01[13:21] {Threei} ugh
01[13:21] {Threei} I'd have said yes
01[13:21] {Threei} especially now when I have the benefit of looking at the chart :)
[13:23] {scottie} would've worked
[13:28] {scottie} MSFT l .40 ??????????????
01[13:31] {Threei} I'd rather take aggressive
[13:31] {scottie} .35 ?
01[13:31] {Threei} from under .30 if we are so lucky
[13:33] {scottie} hate it when you say that, I'm not very good at pullbacks
01[13:33] {Threei} sorry... but still :)
01[13:33] {Threei} it's not that hard, logic is:
[13:33] {scottie} wouldn't break of .30 invalidate the trade ?
01[13:34] {Threei} let it drop under .30, consolidate a few min,
01[13:34] {Threei} then buy break of .30
[13:34] {_jdetente} how about this NFX pullback?
[13:34] {scottie} ah
01[13:34] {Threei} as it is, .35 is valid chaoice with stop under .30
01[13:34] {Threei} just less chance of working
01[13:35] {Threei} NFX is interesting for secondary entry here
01[13:35] {Threei} .20 break if holds .15
[13:38] {_jdetente} goodbye NFX we hardly knew ye
01[13:39] {Threei} yeah
01[13:39] {Threei} MSFT starts looking like .30 break may be a short
[13:51] {scottie} TXN l .40 ?
01[13:52] {Threei} yes
[13:53] {scottie} stop .30 ?
01[13:53] {Threei} not sure how fast it's going to be but most everything is slow, so..
01[13:53] {Threei} either .30 or .35, both are valid
[13:53] {scottie} .35 it is then
[13:54] {scottie} in .41
[14:00] {cc_8} Apollo Group Inc. (NASDAQ: APOL) is down 1.22 percent Thursday on news that the University of Phoenix is expecting sanctions from the group that accredits the school.
[14:06] {nemo} bidu tempting
[14:06] {nemo} frickin' trap
[14:08] {nemo} Thar she blows
[14:19] {dino} veco stop -.28
[14:21] {scottie} out
[14:22] {scottie} gotta go, see you all tomorrow
[14:23] {dino} cya
[14:23] {scottie} dino
01[14:24] {Threei} take care scottie
[14:27] {_jdetente} stopped txn
01[14:39] {Threei} Short Setup: HLF .50 break smaller shares
01[14:39] {Threei} Invalidated
[14:44] {nemo} hlf looks long to either pivot or vwap
01[14:49] {Threei} ugh HLF
01[14:49] {Threei} should have revalidated it
[14:49] {nemo} whoa
01[15:01] {Threei} Short Setup: HLF .50 break smaller shares
01[15:01] {Threei} If holds .65
01[15:18] {Threei} Short Setup: MJN .05 break
01[15:19] {Threei} ugh, late
01[15:19] {Threei} let's wait for a bounce
01[15:19] {Threei} if we get l,.ucky, around .90
[15:19] {dino} elli hl l .55
[15:23] {_jdetente} HLF on a rocket ride
01[15:23] {Threei} sure is
01[15:25] {Threei} Short Setup: MJN .10 break
[15:38] {dino} elli stop
[15:43] {_jdetente} .20 stop MJN?
01[15:46] {Threei} yeah
01[15:46] {Threei} meh
01[15:46] {Threei} Ok guys, no time (or reason) for more trades on last minutes
01[15:46] {Threei} thank you all, have a good evening
01[15:46] {Threei} see you tomorrow
[15:47] {dino} gn
[15:47] {_jdetente} gn
[15:47] {thomcbell} later all
