Tuesday, January 29, 2013

Jan 29 2013

Active and nicely profitable morning, dead afternoon. Frequent scenario during market slow climb. I miss selloff days when activity spreads throughout the whole day much more evenly.


Session Time: Tue Jan 29 00:00:00 2013
[09:02] {dino} gm
01[09:02] {Threei}  dino :)
[09:04] {cipher} gm
01[09:06] {Threei}  cipher :)
[09:18] {nemo} Think I'll try JD Honey in my coffee
01[09:19] {Threei}  hmmm
01[09:19] {Threei}  not sure what coffee has to do with it... but hey, whatever makes you tick
[09:20] {nemo} makes coffee taste like bacon ;-)
[09:21] {nemo} Wow...no comment out of Vad
[09:21] {nemo} He must have left to go find some
[09:21] {scottie} good morning
[09:22] {nemo} your opinion
01[09:22] {Threei}  no... (looking away and covering something crispy with my hands)
01[09:22] {Threei}  scottie :)
[09:22] {nemo} bidu going for the 200 day
01[09:24] {Threei}  no clear opening play, will wait a few minutes
[09:25] {nemo} awww...throw a dart at vmw short
01[09:27] {Threei}  FB on watch
[09:27] {nemo} where's the communist teacher?
[09:29] {ese} gm
01[09:29] {Threei}  ese :)
[09:30] {nemo} wow....ask and you shall receive
01[09:30] {Threei}  lol
[09:30] {nemo} Good morning komrade teacher
01[09:31] {Threei} Long Setup:  FB  .80 break hl
01[09:31] {Threei}  If holds  .75
[09:31] {nemo} I've got vmw support between 72.50 and 73.50ish
[09:32] {ese} mornin nemo
01[09:33] {Threei}  a lot of resistance
01[09:33] {Threei}  half out
[09:33] {nemo} dcc ese
01[09:33] {Threei}  stop to .79
01[09:34] {Threei}  out
[09:36] {dptl} gm
01[09:36] {Threei} Short Setup: LVS  .60 break hl
01[09:36] {Threei}  dp :)
[09:36] {cc_8} Among the companies with shares expected to actively trade in Tuesday’s session are VMware Inc. (VMW), Valero Energy Corp. (VLO) and Yahoo Inc. (YHOO).
01[09:36] {Threei}  If holds  .70
01[09:36] {Threei}  Invalidated
[09:37] {cipher} QLIK L .20
01[09:38] {Threei} Long Setup:  FCX  .73
01[09:38] {Threei}  If holds  .65
[09:38] {cipher} out qlik .33
[09:39] {nemo} I have stink bid BIDU short in at 113.85
01[09:39] {Threei}  LVS got away
[09:39] {nemo} or offer, as the case may be
[09:39] {dino} anac hl l .04
01[09:40] {Threei}  change FCX to .70 break
01[09:40] {Threei}  aggressive
[09:40] {nemo} oh the spell of making
01[09:40] {Threei}  If holds  .60
01[09:40] {Threei}  friking LVS... 1:1
[09:42] {cipher} stx l .00
01[09:42] {Threei} Long Setup:  FB  .65 break
01[09:42] {Threei}  If holds  .55
01[09:43] {Threei}  target 1:2
[09:44] {cipher} fslr l .28
01[09:44] {Threei}  1:1
[09:44] {scottie} +.09 tks
01[09:44] {Threei}  Euro vs US Dollar Euro approaching 1.35 handle for fresh 13-month highs
01[09:44] {Threei}  we are saved
01[09:44] {Threei}  yw
[09:44] {dptl} slw?
[09:44] {dptl} long?
01[09:44] {Threei}  US) Preview: Jan Consumer Confidence expected at 10:00 ET (15:00 GMT)- Consensus expectations: 64.0e v 65.1 prior (**Note the Dec reading was the lowest since Aug)
01[09:45] {Threei}  two longs are not enough for you?
01[09:45] {Threei}  want a thrid?
[09:45] {cipher} out fslr .42
[09:45] {cipher} out stx .18 +.18
01[09:45] {Threei}  trail FCX stop to .63
[09:47] {ese} aig making a fun for it
[09:47] {ese} more people buying insurance these days
[09:47] {thomcbell} aig trying to break out
01[09:47] {Threei}  FCX 1:1
[09:47] {cipher} amzn l .04
[09:48] {scottie} +.09 again tks vad
01[09:48] {Threei}  yw
[09:48] {cipher} out amzn .65 +.61
01[09:48] {Threei}  wtg
[09:48] {cipher} thx
01[09:50] {Threei} Long Setup:  RIMM  .70 break
01[09:50] {Threei}  If holds  .60
01[09:50] {Threei}  FCX 1:2, out
[09:51] {ese} L swks avg .38
[09:51] {ese} still holding that position from yesterday
[09:52] {cipher} amzn l .06
[09:52] {cipher} out .50 +.44
[09:52] {nemo} surprised you guys aren't playing vmw cipher and dino
[09:53] {cipher} too busy nemo
01[09:53] {Threei}  they are like kids in a candy store, nemo
[09:53] {cipher} too many picks
01[09:53] {Threei}  see? :)
[09:53] {cipher} I wish I had 10 monitors
01[09:53] {Threei}  and 12 arms
01[09:54] {Threei}  you may want to spend your next vacation in Chernobyl cipher
[09:54] {cipher} :)
[09:54] {nemo} well, I'm in vmw from 78.32
01[09:54] {Threei}  just make sure you have all the kids youi wanted to have :)
01[09:55] {Threei}  RIMM, trail to .64
[09:55] {cipher} bidu l .64
[09:56] {cipher} out .84
[09:57] {cipher} CHUY  s. 50
01[09:57] {Threei} Short Setup: LVS  .60 break
[09:58] {nemo} waiting for mumber, than like bidu above .70
[09:58] {thomcbell} looks like another long setup here on fb vad
01[09:58] {Threei}  If holds  .65
01[09:59] {Threei}  .70 break tbell?
01[09:59] {Threei}  I like it
[09:59] {thomcbell} yes
01[09:59] {Threei}  if numbers don't send market down
[09:59] {nemo} right, that's why I'm waiting
01[09:59] {Threei}  which they do
01[10:00] {Threei}  58.6 vs 64E
01[10:00] {Threei}  LVS baby
[10:00] {nemo} I'm so looking forward to the apocalypse
01[10:00] {Threei}  1:1
[10:00] {cipher} cov chuy .42 +.08
01[10:01] {Threei}  *(US) JAN CONSUMER CONFIDENCE: 58.6 V 64.0E (lowest since Nov 2011)- Expectations index: 59.5 v 66.5 prior
01[10:01] {Threei}  recovery's the better and better... confidence lower and lower
01[10:01] {Threei}  RIMM stopped
[10:01] {dino} f l .25 stop blod
[10:02] {cipher} trip l.09
01[10:02] {Threei}  can it be that oublic finally realizes the real cost of this recovery?
01[10:02] {Threei}  nah
[10:03] {cipher} out trip -.04
[10:04] {cipher} RIMM L.32
[10:05] {cipher} out .39
[10:06] {cipher} pcyc l .18
[10:07] {scottie} PFE l .40 if holds .30 ?
01[10:07] {Threei}  LVS 1:2, out
01[10:07] {Threei}  not sure PFE
[10:07] {scottie} tks
[10:14] {dptl} infa .70 sh?
01[10:14] {Threei}  hl
[10:15] {cipher} out pcyc .48 +.30
[10:17] {dino} cof nov gap fill
[10:17] {dino} hl l .50
[10:17] {cipher} ilmn l .77
[10:18] {cipher} out .85
[10:19] {thomcbell} rimm getting emotional
01[10:19] {Threei}  I think let's let it lose 15, and look for long entry after that flushing sound
[10:21] {cipher} scty l.81
01[10:22] {Threei}  here comes the flush
01[10:22] {Threei} Long Setup:  RIMM  15 break
01[10:22] {Threei}  hl
[10:23] {cipher} rimm l.92
01[10:23] {Threei}  If holds  .90
[10:23] {scottie} too fast
01[10:23] {Threei}  was that good idea to ait for under 15 or what
01[10:23] {Threei}  wait
01[10:23] {Threei}  1:1
[10:24] {cipher} out rimm .10
[10:24] {thomcbell} yes indeed
01[10:24] {Threei}  cipher's aggressive was the best
01[10:24] {Threei}  look at daily
[10:24] {cipher} was watching it for a while
01[10:25] {Threei}  15 was such obvious support, it just had to be broken, to shake out those who had stops right under it
01[10:25] {Threei}  thus quick dive and immediate bounce
01[10:25] {Threei}  isn't it amazing... 100 years old principles of tape reading, still work
[10:26] {dino} f stop -.11
[10:29] {ese} sell the news.............nice rimm dive
[10:30] {scottie} YHOO s 20 ?
[10:30] {cipher} RIMM L .91
01[10:31] {Threei}  YHOO seems bounce ready
[10:31] {ese} go c go!
[10:31] {scottie} .10 l ?
[10:31] {cipher} out rimm .95
01[10:31] {Threei}  yeah
01[10:31] {Threei}  ese, news? I don't see anything on RIMM
[10:31] {ese} awesome
[10:32] {cipher} out scty .92 +.11
[10:32] {ese} blackberry release today
01[10:32] {Threei}  tomorrow...
01[10:32] {Threei}  but heck
01[10:32] {Threei}  this is so very widely expected
[10:32] {ese} ahhhhhhhh........thought it was today
01[10:32] {Threei}  and so very likely to fizzle out
01[10:33] {Threei}  RIMM is very close to no one cares anymore territory
01[10:33] {Threei}  remember Playbook?
[10:33] {ese} yes indeed
01[10:33] {Threei}  it was very nice tablet, in many regards better than competitors
[10:33] {cipher} RIMM L .69
01[10:33] {Threei}  total failure
[10:34] {ese} yes it was
01[10:34] {Threei}  not because of tablet failure... it's a company that lost its way
[10:34] {cipher} out rimm  .78
01[10:34] {Threei}  BB10 can easily meet same fate - nice tech, no one cares
01[10:34] {Threei}  best technology doesn't always win
01[10:35] {Threei}  Betamax vs VHS?
[10:35] {dptl} stz .30 l?
[10:35] {ese} think beta and vhs....beta was better tech
01[10:35] {Threei}  right
[10:35] {ese} man your fast....beat me to it
01[10:35] {Threei}  not delighted, dp...
[10:35] {cipher} NTES L.78
01[10:35] {Threei}  more recent history, blue ray vs hd dvd
[10:36] {thomcbell} decent pullback there in fb
[10:36] {thomcbell} real flush
01[10:36] {Threei}  RIMM may be better off focusing on QNX car-related tech
[10:36] {dino} f l .00
[10:37] {ese} whos the winner there.......
[10:37] {ese} hd seems to be
01[10:37] {Threei}  blue ray won, hd dvd was arguably better tech
[10:37] {cipher} ntes stopped .77 -.01
[10:38] {ese} time to replace that huge screen in your viewing room........?
01[10:38] {Threei}  why
[10:38] {ese} my kids loved it.....
[10:39] {ese} to upgrade of course
[10:39] {ese} follow the trend
01[10:39] {Threei}  50", quite enough
[10:39] {ese} be with the "IN" crowd
01[10:39] {Threei} Long Setup:  YHOO  20 break
[10:39] {cipher} f l.92
01[10:39] {Threei}  If holds  .90
[10:40] {nemo} think I'll wait until .90
[10:41] {cipher} out f .98
01[10:41] {Threei}  Invalidated
[10:42] {nemo} o.k. in stop to .85
[10:43] {nemo} wanna partial .96
[10:43] {nemo} add liquidity and all that
[10:44] {nemo} should add some "liquidity" to myself
[10:44] {nemo} stop below the low
[10:46] {nemo} might be getting higher low to set up another trade in yhoo
[10:46] {nemo} .94 important level
[10:47] {nemo} wow...volume I'm out below .90 now
[10:47] {nemo} it breaks above .95 methinks it's long
[10:47] {dptl} hal long?
[10:48] {nemo} yhoo
[10:48] {cipher} gmcr s .79
[10:48] {nemo} gap fill here cipher
[10:48] {cipher} cov .72
[10:49] {cipher} thx nemo
[10:49] {cipher} gmcr l .82
[10:49] {nemo} you were out already
01[10:49] {Threei}  can't tell HAL
[10:49] {nemo} ahhh
[10:49] {nemo} I got .81
[10:49] {cipher} I know but it helps :)
[10:49] {nemo} sure
[10:50] {cipher} whats your target gmcr?
[10:50] {nemo} I'm scalping, it's hard to say no momentum in the market, but .40ish if it can get through the whole
[10:51] {nemo} major support in the .20 area.  you have 8day ema and a big fib retrace
[10:52] {nemo} Yesterday felt different in the market, today the market feels like I do during a hangover
01[10:53] {Threei}  refreshed and invigorated?
[10:53] {nemo} eyes bleeding, head pounding, knuckles bloody
01[10:54] {Threei}  "but you should see the other guy"
[10:54] {nemo} other "guys"  plural
[10:56] {cipher} unxl l.01
[10:57] {cipher} out gmcr .94
[11:00] {dptl} stz .10 sh?
01[11:03] {Threei}  nah
[11:04] {cipher} out unxl .10 +.09
[11:06] {dptl} syx short?
[11:06] {dptl} stx
01[11:07] {Threei}  yes
01[11:07] {Threei}  nice setup
[11:07] {dptl} 34?
01[11:07] {Threei}  break
[11:08] {dptl} stop .06?
[11:09] {dino} f stop -.03
01[11:09] {Threei}  I'd orefer .10
[11:09] {dptl} ok
[11:10] {nemo} now if gmcr breaks here, should get that .40ish move
[11:11] {cipher} syna l .05
[11:11] {nemo} gona gap close pal like it short
[11:11] {nemo} 33.86
[11:14] {dptl} no way to get it stx
[11:14] {scottie} wow stx went down fast
01[11:14] {Threei}  no
01[11:14] {Threei}  got away
01[11:14] {Threei}  too bad, perfect setup
[11:14] {scottie} too many horses at the gate
[11:16] {cipher} STX L .86
[11:16] {scottie} EMC l .75 ?
[11:16] {scottie} too late
01[11:18] {Threei}  nice setup
[11:18] {scottie} yeah, too bad
[11:19] {cipher} out stx .94
01[11:20] {Threei}  cipher leaves no crumbs
01[11:20] {Threei}  swallows around you would be dying of starvation
[11:22] {cipher} out syna .09 +.04
[11:22] {cipher} feels like pulling teeth
[11:22] {nemo} flossing with barbed wire
[11:23] {cipher} finishing at higher high
[11:23] {cipher} cya
01[11:24] {Threei}  CAT
01[11:24] {Threei} Long Setup:  CAT  .50 break
01[11:24] {Threei}  If holds  .40
[11:28] {dino} ntgr hl l .05
[11:31] {scottie} YHOO l .95 ?
01[11:32] {Threei}  nah
[11:32] {scottie} ok
[11:43] {dptl} clf .40 long?
01[11:43] {Threei}  yup
[11:43] {dptl} in .41
01[11:43] {Threei}  make it hl
[11:44] {dptl} .42 actually
[11:51] {dino} ntgr stop -.14
[11:53] {ese} gotta go all........just monitoring swks...cya tomorrow
01[11:54] {Threei}  take care ese
[11:56] {dptl} sigh...stopped clf
01[11:56] {Threei}  we have Fed tomorrow, right?
[11:58] {jdetente} morning all
01[12:01] {Threei}  jd :)
[12:05] {dptl} fslr .20 sh?
01[12:05] {Threei}  yes, hl
01[12:14] {Threei} Short Setup: LVS  .50 break
01[12:14] {Threei}  If holds  .60
[12:19] {dino} e drop
[12:20] {dino} sm l .75
01[12:22] {Threei}  1:1
[12:25] {dptl} gmcr .60 short?
01[12:26] {Threei}  1/3 lot
01[12:26] {Threei}  you closed LVS in full?
[12:26] {dptl} i steped out missed it
01[12:32] {Threei}  1:2, out
[12:33] {jdetente} ty! Good way to start the day for me
01[12:34] {Threei}  too bad you missed morning... was quite good too
[12:36] {jdetente} slapping myself in the head now...
[12:36] {jdetente} :)
01[12:36] {Threei}  with trout?
[12:36] {jdetente} that's in my coffee
01[12:36] {Threei}  make sure it's not the one nemo hands to you... he tends to freeze it first
[12:37] {jdetente} why am I not surprised
01[12:37] {Threei}  cofee with trout... how european
01[12:37] {Threei}  KS drinks it daily
[12:38] {jdetente} I'll take mine with irish whiskey
[12:39] {dptl} yum long?
01[12:40] {Threei}  small shares...
[12:40] {dptl} if holds .90
[12:42] {dptl} in
[12:45] {dptl} stopped
[12:45] {thomcbell} very nice lvs by the way vad - now it looks like a 51.38 break long
[12:46] {thomcbell} LVS 1:1
01[12:46] {Threei}  good catch
[12:47] {thomcbell} standard scalping procedures
[12:49] {dptl} jcp .60 sh?
[12:53] {thomcbell} tightening lvs to 51.44 to preserve small profit
[12:54] {thomcbell} out lvs
[12:54] {thomcbell} market very reslient
[13:07] {dptl} fslr again....20 sh?
01[13:08] {Threei}  ?
01[13:10] {Threei} Long Setup:  CAT  .50 break hl
01[13:10] {Threei}  If holds  .40
[13:16] {dptl} .20 break fslr tjat was
01[13:17] {Threei}  yeah but it was at .13 as soon as I typed sumbol in
[13:17] {dptl} ye iy was fast
[13:18] {thomcbell} fio looks fulnerable here 19.61 break - half lot
01[13:19] {Threei}  yup
01[13:20] {Threei}  nice setup
[13:21] {dptl} in fio .58
[13:23] {dptl} where would be stop here?
[13:23] {dptl} .66?
01[13:23] {Threei}  yup
01[13:28] {Threei}  half out .51
[13:42] {scottie} SDRL l .50 ?
[13:44] {nemo} whoa, bids got pulled on vmw
[13:45] {nemo} wow
[13:45] {dptl} vlo DT?
01[13:46] {Threei}  SDRL, a bit too slow
01[13:46] {Threei}  most everything is though
[13:46] {nemo} August is a tough month
01[13:46] {Threei}  VLO... could be...
[13:47] {dptl} 43 short may be?
01[13:47] {Threei}  I liked .10, to keep .20 as stop
01[13:47] {Threei}  see if bounces back in there
[13:48] {scottie} sdrl gone
[13:50] {dptl} what about jcp short?
01[13:51] {Threei}  not sure
01[13:51] {Threei}  here comes VLO
01[13:51] {Threei}  .10 break short
01[13:51] {Threei}  If holds  .20
[13:52] {dptl} in .08
[13:52] {thomcbell} fio we got the 1:1 stop goes to 19.58 on balance
[13:53] {thomcbell} rimm had a lot in it i see
[13:56] {dptl} stopped vlo
[13:57] {dptl} missing winners and getting loosers today :(
01[13:58] {Threei}  morning series was mostly easy to get...
01[13:58] {Threei}  and created good buffer
[13:59] {thomcbell} lets do a 31 break and back above ala rimm trade earlier Vad
01[14:00] {Threei}  on what?
[14:00] {nemo} rimm will likely bounce around .30
01[14:00] {Threei}  FIO 1:2
01[14:00] {Threei}  me out
01[14:00] {Threei}  me happy
01[14:01] {Threei}  dop, you got this one, right?
01[14:01] {Threei}  dp
[14:01] {thomcbell} me as well
[14:01] {thomcbell} on fio im out
01[14:01] {Threei}  13:21] {dptl} in fio .58
[14:01] {dptl} was out .51
01[14:01] {Threei}  in full? why?
01[14:02] {Threei}  trend wasn't broken
[14:02] {thomcbell} i hope it goes down another 0.20 to 0.30 cents where i will look for a long entry on fio - they report tomorrow and it is really not a proper comp for VMW
01[14:02] {Threei}  new lows as SPY near high
[14:02] {dptl} was just scalping that hlaf lot so...
[14:04] {nemo} gmcr might be DBing
[14:05] {nemo} question is does it test the whole first
[14:06] {dptl} long .32 gmcr .10 stop
[14:06] {dptl} .21
[14:11] {thomcbell} FB worked Vad - but i didnt play meaningfully
01[14:12] {Threei}  oh, that's what you meant when said let's play 31 ala RIMM
01[14:12] {Threei}  you haven't named to symbol :)
[14:13] {thomcbell} yes
[14:13] {thomcbell} im sneaky like that
[14:13] {thomcbell} split tape big time
[14:16] {thomcbell} rimm 15.43 break if holding 15.54 half lot due to insanity quotient
[14:20] {dptl} stopped gmcr
[14:21] {dino} adnc drop
[14:21] {dptl} i'll stop trading for today...looks like i am lost or somthing.....see ya tomorrow all
[14:22] {thomcbell} rimm got 1:1
[14:22] {thomcbell} stop is break even
[14:23] {dino} cya dp
[14:23] {scottie} dp
[14:23] {scottie} STX s .65 ?
[14:24] {scottie} if holds .70 ?
[14:24] {nemo} vmw 78 seller
01[14:25] {Threei}  DTX, no...
01[14:25] {Threei}  STX
01[14:25] {Threei}  dpesn't feel right
[14:26] {scottie} tks
[14:27] {thomcbell} rimm scalpers win Vad
01[14:29] {Threei}  yeah
01[14:30] {Threei}  FB... short or not...
[14:31] {thomcbell} the pattern says yes
[14:37] {nemo} correction VMW HFT delight
[14:38] {nemo} sheesh
[14:39] {thomcbell} watching lvs for a long entry
[14:40] {thomcbell} no setup here
[14:43] {scottie} looks like the answer to your FB question was yes
01[14:49] {Threei}  yeah... skipped it, crying now
01[14:49] {Threei}  bitterly
01[14:49] {Threei}  thinking hard how to make it nemo's fault
[14:49] {nemo} wait until I leave, and decry my existence....
01[14:50] {Threei}  I am too impatient
01[14:50] {Threei}  here: it's nemo's fault
[14:51] {scottie} lol
01[14:51] {Threei}  how's that for shortcut?
06[14:51] * nemo unlocks footlocker
06[14:51] * nemo grabs rocket launcher
06[14:52] * nemo plots coordinates to Vad's house
06[14:52] * Threei moves around the table so ese is between him and nemo
[14:52] {nemo} Hey Vad, pull the shades, will ya
01[14:53] {Threei}  ese, pull that cord please
06[14:58] * nemo loads Vad's DNA signature
06[14:59] * Threei drinks neighbor's blood
[14:59] {nemo} whoa
[14:59] {jdetente} hahaha
01[15:00] {Threei}  crap... I knew there was a reason why I didn't reflect in mirror...
[15:00] {nemo} they break when you look in them?
[15:04] {scottie} gotta go now, see you all tomorrow
[15:04] {dino} cya
[15:04] {scottie} dino
01[15:05] {Threei}  take care scottie
01[15:16] {Threei} Long Setup:  CAT  .50 break
01[15:22] {Threei}  let's keep tight stop
01[15:22] {Threei}  .44
[15:26] {nemo} why is vlo up so much today?
[15:26] {thomcbell} earnings
[15:26] {nemo} wow
[15:37] {nemo} lvs spitting the bit
[15:42] {jdetente} CAT just flopping around
01[15:44] {Threei}  everything is
[15:45] {dino} you can say that again
[15:45] {jdetente} Note to self: Do not miss morning trades :)
01[15:47] {Threei}  durong market slow creep-up mornings usually exhaust activity for the day
01[15:48] {Threei}  it's when we finally get nice selloff that activity will be spread throughout the day more evenly
[15:49] {dino} feels like every month afternoons get progressively slower
[15:49] {nemo} As I said earlier, I hate August
[15:49] {dino} feels like august all year
[15:52] {dino} ilmn drop
[15:56] {dino} calling it a day, gn all
01[15:58] {Threei}  thank you all
01[15:58] {Threei}  have a good evening, see you tomorrow
[16:02] {_bbobr} thank you Vadim, gn all