Monday, January 14, 2013

Jan 14 2013

Basically flat day, as stops and wins balanced each other out.



Session Time: Mon Jan 14 00:00:00 2013
[09:02] {dino} gm
01[09:03] {Threei}  morning dino
[09:09] {_jdetente} good morning all
01[09:10] {Threei}  jd :)
[09:23] {cipher} gm
01[09:23] {Threei}  cipher :)
[09:24] {ese} morning
01[09:24] {Threei}  ese :)
[09:25] {ese} in a week and a half i'll be back on the board basically full time......
[09:25] {nemo} I'm leaving next week
[09:25] {ese} my schedule changes for this upcoming semester...thank goodness
[09:25] {ese} lol
01[09:25] {Threei}  cool ese
[09:25] {ese} awesome
01[09:25] {Threei}  we will chain nemo to his chair
[09:25] {ese} indeed...........he probably already is
01[09:27] {Threei}  watching FB fr long
01[09:27] {Threei}  and financials
01[09:27] {Threei}  they report this week
01[09:28] {Threei}  also, a lot of feds speaking this week
01[09:28] {Threei}  Fed commentary for the week, will include a speech on monetary and fiscal policy due to be delivered by Fed Chairman Bernanke on Monday Jan 14th. Other Fed speakers include John Williams (San Francisco Fed-Jan14th), Dennis Lockhart (Atlanta Fed-Jan 14 and Jan 17th), Eric Rosengren (Boston Fed- Jan 15th), Narayana Kocherlakota (Minneapolis Fed-Jan 15 and Jan 16th), Plosser (Jan 15th) and Richard Fisher (Dallas Fed-Jan 16th). The Fed's monthly Beige Book is due to be released on Wednesday Jan 16th.
01[09:29] {Threei}  reporting Bank of America, Bank of New York, Citigroup, Goldman Sachs JP Morgan
01[09:32] {Threei} Long Setup:  JPM  46 break
01[09:33] {Threei}  change to .90 break
01[09:33] {Threei}  ugh, late
01[09:33] {Threei}  wait for now
01[09:33] {Threei} Long Setup:  FB  .10 break
[09:33] {cipher} qcom l .05
01[09:33] {Threei}  If holds  32
01[09:34] {Threei}  OK JPM
01[09:34] {Threei}  .90 break
01[09:34] {Threei}  If holds  .80
[09:34] {cipher} out qcom .14
01[09:35] {Threei}  FB target 1:3
[09:35] {nemo} frickin rimm
[09:35] {dino} out fio calls from last week, +.55 or 37%
01[09:36] {Threei}  no go
01[09:38] {Threei}  hmmm
01[09:38] {Threei}  on a wrong side
01[09:41] {Threei} Long Setup:  LVS  .80 break
01[09:41] {Threei}  hl
01[09:41] {Threei}  .c .70
[09:42] {cipher} FRAN L .77
01[09:42] {Threei} Long Setup:  GM  .20 break
01[09:42] {Threei}  If holds  .10
[09:42] {cipher} out fran .98
01[09:43] {Threei}  Invalidated  LVS
01[09:44] {Threei} Long Setup:  FB  32 break
01[09:44] {Threei}  If holds  .90
01[09:45] {Threei}  change to .90 break
01[09:45] {Threei}  If holds  .80
01[09:47] {Threei}  higher low in place
01[09:48] {Threei}  come on, what the deuce
01[09:48] {Threei}  sigh
01[09:48] {Threei}  SPY sharp drop
[09:50] {cipher} gtls s.80
01[09:50] {Threei} Short Setup: RIMM  .90 break
01[09:50] {Threei}  If holds  15
01[09:51] {Threei}  Invalidated  GM
01[09:51] {Threei}  target 1:4 RIMM
01[09:53] {Threei}  1:1
01[09:53] {Threei}  1:2
01[09:55] {Threei}  1:3
[09:55] {cipher} cov gtls .65
[09:55] {cipher} gtls l .00
01[09:56] {Threei}  out last piece on a trail .72
01[10:00] {Threei} Long Setup:  KVS  .30 break
01[10:00] {Threei}  LVS
01[10:00] {Threei}  If holds  .20
01[10:00] {Threei}  Invalidated
[10:02] {dino} nice hl s .89
[10:02] {cipher} zumz l.70
01[10:02] {Threei} Long Setup:  GLD  .40 break hl
01[10:02] {Threei}  If holds  .30
[10:05] {cipher} CSOD L .10
[10:05] {thomcbell} rimm still has a short left in it i believe
[10:05] {thomcbell} entry tricky here
01[10:05] {Threei}  yeah, .50 is strong support
01[10:05] {Threei}  ideally it would lose .60, then consolidate for a while between .50 and .60
01[10:06] {Threei}  then I'd be happy to go for .50 break
[10:06] {cipher} out zumz -.06
[10:06] {nemo} .58 strong level rimm
01[10:09] {Threei}  shrug
01[10:09] {Threei}  nice read, no setup
01[10:11] {Threei}  nailed the top on RIMM with high precision
01[10:13] {Threei}  GLD target 1:3
[10:14] {thomcbell} rimm volume is absolutely shocking
[10:14] {nemo} animal spirits
[10:15] {cipher} CTXS l.97
01[10:15] {Threei}  the only animal I see in RIMM is a squirrel
[10:16] {cipher} out .30 +.33
01[10:16] {Threei}  wtg
[10:16] {cipher} conn l.63
[10:16] {dino} nice stop -.12
01[10:16] {Threei} Short Setup: LVS  52 break hl
[10:17] {cipher} out conn .79 +.16
[10:17] {nemo} I like the end:  http://www.khou.com/news/local/Robbery-victim-wants-to-thank-Good-Samaritans-who-came-to-his-rescue--186572461.html
01[10:18] {Threei}  GLD stop to .34
[10:19] {nemo} vvus erect
[10:20] {cipher} VVUS S .30
01[10:20] {Threei}  LVS 1:1
[10:20] {cipher} COV .25
01[10:21] {Threei}  scratching GLD
01[10:21] {Threei}  oversat it, shoukld have dumped at 1:1
[10:21] {cipher} out csod .22 +.12
01[10:24] {Threei}  LVS 1:2, out
[10:24] {dino} flo hl s .30
[10:26] {cipher} gmcr l .54
[10:26] {cipher} out .68
[10:27] {cipher} zumz l .16
[10:28] {cipher} gmcr l.68
[10:28] {cipher} out .89
[10:30] {cipher} out zumz .33 +.17
[10:31] {cipher} actg l .91
01[10:33] {Threei} Long Setup:  FDX  98 break hl
[10:34] {cipher} out actg flat
[10:35] {nemo} .25 level vvus
01[10:37] {Threei}  1:1 if you got it
[10:37] {_jdetente} no entry :(
01[10:37] {Threei}  yeah, jumped
[10:38] {cipher} thx fdx +.11
01[10:39] {Threei}  :)
01[10:40] {Threei} Short Setup: FIO  21 break
01[10:40] {Threei}  If holds  .10
[10:43] {cipher} asml l.38
01[10:43] {Threei}  Invalidated
[10:47] {cipher} fosl l.11
[10:48] {thomcbell} rimm - hehe
01[10:51] {Threei}  what can I say... pigs CAN fly :)
[10:51] {cipher} out asml .49 +.11
[10:51] {thomcbell} well Roger Waters always thought so
[10:52] {cipher} out fosl .04 -.07
[10:54] {nemo} .87 rimm
[10:57] {cipher} fosl s .04
01[10:57] {Threei}  President Obama is due hold a press conference at 11:15ET, to discuss the debt ceiling. Press reports out yesterday suggest the House Republicans are willing to risk a shutdown in the debt ceiling fight.
[11:01] {cipher} cov fosl .01 +.03
[11:04] {cipher} infi l .62
[11:07] {goryl} cipher pm when u get a chance
[11:10] {cipher} lbtya l.61
[11:13] {cipher} out .74
[11:16] {dino} flo stop -.22
[11:18] {cipher} out infi .65 +.03
01[11:19] {Threei}  where is president
[11:20] {dino} always late
01[11:20] {Threei} Short Setup: GLD  .40 break
01[11:20] {Threei}  If holds  .50
01[11:21] {Threei}  my guess is, militant tone is to dominate, and market is not going to be happy about it
[11:21] {cipher} beav l .75
[11:22] {dino} 11:30 whitehouse.gov
[11:27] {cipher} out .79
01[11:29] {Threei}  GLD is not playing today
01[11:30] {Threei} Short Setup: DCX  .80 break
01[11:30] {Threei} Short Setup: FCX  .80 break
01[11:38] {Threei}  finally
[11:38] {dino} nice hl s .98 last try
01[11:39] {Threei}  frikin GLD
01[11:40] {Threei}  rinsing bastard
01[11:42] {Threei}  FCX 1:1
01[11:42] {Threei}  here we go again with Buffet secretary
01[11:42] {Threei}  man, this is going to be long 4 years
[11:50] {dino} ctxs hl l .24
[11:50] {dino} gtls hl l .22
01[11:54] {Threei}  "we are not a deadbeat nation... yet... but I am working on it"
[12:00] {dino} nice cov flat
[12:01] {nemo} .20 ceiling on rig
[12:02] {nemo} o.k seer if .20 is support now
[12:02] {dino} cab hl s .36
[12:07] {dino} cov cab .12, +.24
01[12:09] {Threei}  1:2 FCX
01[12:09] {Threei}  out
01[12:09] {Threei}  breathing a bit easier
[12:22] {dino} flo hl s .60
[12:22] {nemo} rig worth a risk here long or short, inflection area
[12:23] {nemo} drops this, good to .75ish, above 55.26ish
01[12:37] {Threei}  wow, FCX had more
01[12:49] {Threei} Short Setup: RIMM  .90 break
01[12:49] {Threei}  If holds  15
[12:52] {dino} flo stop -.16
01[12:54] {Threei}  no go
01[12:56] {Threei} Long Setup:  CAT  .60 break
01[12:56] {Threei}  If holds  .55
[13:00] {thomcbell} aig 34.82 break if holding 34.72
01[13:01] {Threei}  hte this going nowhere market
[13:01] {dino} me too
01[13:02] {Threei} Long Setup:  FB  .10 break
01[13:03] {Threei}  If holds  31
01[13:04] {Threei}  target 1:3
[13:09] {thomcbell} when is this FB event Vad?
01[13:10] {Threei}  tomorrow
[13:18] {cipher} cat l .53
01[13:19] {Threei}  1:1
[13:20] {cipher} fb +.10 thx
[13:20] {thomcbell} me too thanks
01[13:20] {Threei}  yw
01[13:20] {Threei}  chart is clean to about .45... hope no rinsing
[13:20] {cipher} out cat .59
01[13:48] {Threei}  FB is oblivious to the broad market
01[13:49] {Threei}  1:2
[13:55] {_jdetente} out FB. ty!
01[13:55] {Threei}  yw
01[13:56] {Threei}  I am the last holdout, waiting for 1:3? :)
01[14:03] {Threei} Long Setup:  CAT  .35 break
01[14:03] {Threei}  late
01[14:03] {Threei}  ok
01[14:03] {Threei}  in
01[14:03] {Threei}  stop .27
01[14:04] {Threei}  DELL Halted on volatility; said to be holding talks with at least two PE firms to take the company private
[14:09] {dino} out ctxs .48, +.24
01[14:13] {Threei}  no go CAT
01[14:13] {Threei}  like pulling teeth
01[14:18] {Threei} Long Setup:  LVS  .20 break
[14:20] {nemo} cat
01[14:20] {Threei}  finally FB!
01[14:20] {Threei}  1:3, out
[14:20] {_jdetente} patience. very nice
[14:32] {cipher} fran l .61
01[14:33] {Threei}  LVS dtop .14
01[14:35] {Threei}  sheesh
01[14:41] {Threei} Long Setup:  RIG  .50 break hl
[14:42] {cipher} out fran .80 +.19
01[14:45] {Threei}  Invalidated
01[14:58] {Threei} Long Setup:  HPQ  .05 break
01[14:58] {Threei}  If holds  17
01[15:01] {Threei}  Invalidated
01[15:05] {Threei} Short Setup: RIG  .30 break hl
[15:07] {cipher} ibm l .51
01[15:14] {Threei}  1:1
01[15:14] {Threei}  half out RIG
01[15:15] {Threei}  has potential for more
01[15:16] {Threei}  1:2
01[15:18] {Threei}  out in full .03
01[15:18] {Threei}  a bit too sharp drop into 54 support
[15:21] {cipher} rig l .04
01[15:22] {Threei}  hehe
01[15:22] {Threei}  good pouching
[15:22] {nemo} pivot and yesterday close right near the whole
[15:25] {cipher} out ibm .66 +.15
01[15:25] {Threei} Long Setup:  RIMM  .70 break
01[15:25] {Threei}  If holds  .60
01[15:26] {Threei}  need this one to 1:2 to get flat for the day
01[15:28] {Threei}  (US) White House informs agencies to begin preparation for lower spending levels and spending uncertainties as a result of the sequestion and budget impasse in Congress - press
01[15:28] {Threei}  - Sees thousands of Federal Employees furloughed assuming sequestration program is not avoided; some services to military families will be curtailed as a result assuming no action is taken
[15:29] {dino} gotta hop, gn all
01[15:30] {Threei}  take care dino
01[15:34] {Threei}  OK RIMM
01[15:34] {Threei}  this day's fate in your hands
[15:34] {cipher} out rig .14 +.10
01[15:35] {Threei}  wtg
01[15:35] {Threei}  1:1
01[15:35] {Threei}  good boy RIMM
01[15:35] {Threei}  give us 1:2
01[15:38] {Threei}  yessss
01[15:38] {Threei}  whew
01[15:38] {Threei}  whole day of digging the hole and digging out of it
01[15:38] {Threei}  lol
01[15:39] {Threei}  how about we leave it at that, not to go back in red by the last trade
01[15:40] {Threei}  thank you all, have a good evening
01[15:40] {Threei}  see youi tomorrow for a better day