Wednesday, February 6, 2013

Feb 06 2013

Winning streak becomes a bit ridiculous, no single losing day for a good while. Today's Catch of the Day is aggressive entry into bounce:





Session Time: Wed Feb 06 00:00:00 2013

[08:54] {dino} gm
01[08:55] {Threei}  dino :)
[09:12] {jdetente} Good morning all
01[09:13] {Threei}  jd :)
[09:13] {cipher} gm
01[09:13] {Threei}  cipher :)
[09:16] {Will49} Good Morning
01[09:17] {Threei}  will :)
[09:20] {scottie} good morning
01[09:20] {Threei}  scottie :)
01[09:24] {Threei}  dp has stuck in reserve room
[09:25] {Will49} call a tow truck
01[09:27] {Threei}  I would bet then nemo will get a ride too
01[09:27] {Threei}  bet = but
[09:30] {dptl} gm
01[09:30] {Threei}  dp :)
[09:31] {cipher} chrw l .65
[09:31] {cipher} out .78
01[09:31] {Threei} Long Setup:  FB  .80 break
01[09:31] {Threei}  If holds  .70
[09:32] {cipher} BRCM L .20
01[09:33] {Threei}  still valid
[09:33] {cipher} CHRW L .40
[09:33] {dino} chrw hl l .50
01[09:34] {Threei}  target 1:2
[09:34] {cipher} out .61
[09:34] {dino} out chrw .22, +.72
01[09:34] {Threei} Short Setup: BBRY  .80 break
01[09:35] {Threei}  If holds  .90
[09:35] {cipher} CHRW S.25
[09:35] {cipher} cov .00 +.25
01[09:35] {Threei}  Invalidated
[09:36] {cipher} gpor L.75
01[09:36] {Threei}  1:1
[09:36] {scottie} +.11 tks vad
01[09:36] {Threei}  yw
[09:37] {cipher} out gpor .22 +.47
[09:37] {cipher} GPOR S .56
[09:37] {cipher} cov .39
[09:38] {cipher} gpor l .26
01[09:38] {Threei}  1:2, out
[09:38] {dino} gj cipher
[09:38] {cipher} out .37
[09:39] {Will49} good start Vad
[09:39] {jdetente} yes very nice
01[09:39] {Threei}  ty
01[09:39] {Threei} Short Setup: FCX  .80 break
01[09:39] {Threei}  If holds  .85
[09:40] {cipher} gpor l .35
[09:40] {cipher} out .44
[09:41] {dino} 07 green
[09:41] {cipher} gpor l .04
[09:41] {cipher} out .25
[09:42] {cipher} hain l .63
[09:43] {cipher} out .16 +.53
[09:43] {cipher} almost done for the day
01[09:44] {Threei}  1:1
[09:44] {scottie} +.08 tks again
01[09:44] {Threei}  yw
[09:45] {cipher} hain s .00
[09:45] {cipher} cov .85
01[09:45] {Threei}  out in full
01[09:45] {Threei}  .61
[09:45] {jdetente} great call
[09:45] {Will49} Tks Vad
01[09:46] {Threei}  yw guys
01[09:46] {Threei}  gotta keep up with cipher somehow...
[09:46] {cipher} rost l .10
[09:46] {dino} csgs hl l .72
[09:48] {dino} out csgs .00, +.28
[09:48] {dino} avb spike
[09:49] {cipher} out rost .20 +10
[09:49] {dino} sm s .18
[09:49] {cipher} nice entry
[09:49] {dino} cov avb .78, +.40
[09:50] {cipher} wtg
[09:50] {dino} ty
[09:50] {dino} jkhy spike
[09:51] {cc_8} nice trades cipher
[09:52] {cipher} ty
01[09:53] {Threei} Short Setup: FB  .20 break
01[09:54] {Threei}  If holds  .30
[09:54] {nemo} wow, vad called a trade
01[09:54] {Threei}  scuse me?
01[09:54] {Threei}  2 OF THEM, BOTH 1:2
[09:54] {cipher} EXPE L.10
[09:54] {dino} alxn drop
[09:55] {nemo} oh oh cipher's using capitals
[09:55] {Will49} yeah nemo...sheeesh
[09:55] {thomcbell} feels like one more rip on fb
06[09:55] * Threei slaps nemo around a bit with a wake-up brick
[09:56] {cipher} out expe .44 +.34
[09:57] {cipher} sheesh
[09:57] {cipher} way too soon
[09:57] {nemo} yeah, new resistance was the pivot at .96
[09:57] {cipher} nemo it's not because I'm yelling
[09:57] {nemo} Did I say you were yelling?
[09:57] {nemo} No
[09:58] {cipher} one of my hot keys is CAPS lock :)
[09:58] {nemo} I said "oh oh cipher's using capitals"
01[09:58] {Threei}  lol
[09:58] {cipher} it constantly toggles
[09:58] {nemo} toggling out of control huh?
01[10:00] {Threei}  let's trail to .26
[10:00] {dino} csgs hl l .32
01[10:01] {Threei}  Starting in August, U.S. Postal Service will stop delivering mail on Saturdays (continue to deliver packages six days a week) to save about $2 billion.
[10:02] {thomcbell} arun?
[10:03] {nemo} UPS looks short
[10:03] {nemo} FDX too
01[10:03] {Threei}  Aruba Networks Update: Lazard reiterates Buy rating, price target $24- Firm expects ARUN to report largely in-line F2Q results; however, firms conversations with resellers and distributors suggest mixed demand trends, largely due to macro, which may lead the company to take a more cautious stance with respect to its outlook
01[10:03] {Threei}  1:1
[10:03] {scottie} +.10 tks Vad
01[10:03] {Threei}  yw
01[10:04] {Threei}  that's 3 for 3, nemo
[10:04] {Will49} on a roll Vad
01[10:04] {Threei}  that'll teach you to 1.wake up earlier and 2. shut up before you even speak
[10:04] {dptl} gd .80 long?
[10:04] {jdetente} very nice Vad. thanks!
01[10:04] {Threei}  yw
01[10:04] {Threei}  GD, no
[10:05] {dptl} oh boy...
[10:05] {dptl} got in
[10:05] {nemo} no it won't
[10:05] {dino} out csgs .64 ave, +.32
[10:06] {cipher} GTLS L .47
[10:06] {dino} wxs blood
01[10:06] {Threei}  patel will cry when returns next week
[10:06] {scottie} why not GD Vad ?
01[10:07] {Threei}  just not worth the risk, a bit too thin and tries to break while market retreats... the odds of a trap are too high
[10:08] {scottie} tks
01[10:08] {Threei}  can jumpe either way
[10:08] {cipher} out gtls .70 +.23
[10:10] {cipher} LSTR L .06
[10:11] {nemo} if it drops this low, first stop .80
[10:13] {cipher} out lstr  .29 +.13
[10:14] {cipher} sorry +.23
[10:16] {KSystems} Morning!
01[10:17] {Threei}  hey KS!
[10:17] {cipher} trmb l .31
06[10:17] * KSystems jumps up and down a few times to check if room remains stable
[10:17] {nemo} Verdammten Deutscher
01[10:18] {Threei}  hmmm... I think south wall just trembled
01[10:18] {Threei} Short Setup: LVS  .50 break
01[10:18] {Threei}  If holds  .60
[10:20] {cipher} stopped trmb .28 -.03
[10:21] {cipher} trmb l .31
[10:24] {cipher} finally :)
[10:25] {nemo} mnst probably looking for 51 area soon
[10:26] {cipher} damn -.06 trmb
[10:27] {cipher} headed below 60
[10:27] {nemo} celg weak
[10:27] {cipher} trmb l .15
[10:27] {nemo} alxn too
[10:28] {nemo} if oil pops on report, look to short rcl in .60 area
[10:28] {nemo} the 50 day is .53
[10:30] {cipher} trmb may get squeezed of it hits .50
[10:34] {cipher} celg l .20
[10:36] {cipher} here we go trmb
[10:37] {cipher} next stop .70
[10:37] {dptl}  csc short?
[10:37] {nemo} your stop under .20 on celg (even though I said it was weak)
01[10:38] {Threei}  CSC, too low volume
[10:38] {cipher} out celg .25
[10:41] {nemo} watch for a bounce around .05 but I think it could drop that and go if the market weakens
[10:42] {cipher} trmb at target
[10:42] {cipher} out trmb .70 +.55
[10:43] {cipher} beuaty of short squeeze
[10:43] {dptl} unh .10 sh if stays under .20?
[10:43] {cipher} ok guys, cya tomorrow
[10:44] {scottie} cipher
[10:44] {Will49} bye
01[10:44] {Threei}  take care cipher, gj
01[10:44] {Threei}  UNH, yes
01[10:44] {Threei}  any chance you'd capitalize symbols, dp?
01[10:44] {Threei}  takes a while to decode
[10:45] {dptl} ok
01[10:45] {Threei}  among all the abbreviations, imagine someng like "sh low .10"
[10:45] {dino} cya cipher, gj
01[10:45] {Threei}  what's what? :)
[10:46] {scottie} still in GD dp ?
[10:46] {dptl} no got out flat
[10:47] {scottie} too bad
[10:48] {cipher} couldn't resist LBTYA
[10:48] {cipher} in .81 out .10
[10:48] {cipher} popped up as I was existing scanner :)
[10:48] {cipher} exiting
[10:49] {cipher} bye
[10:50] {scottie} ATI l .40 ?
01[10:51] {Threei}  small shares, very easy to get shaken out
01[10:52] {Threei}  thin trader
[10:52] {scottie} ok
[10:59] {scottie} ADM l .95 if holds .90 ?
01[11:00] {Threei}  yes, especially if SPY takes 151
01[11:05] {Threei} Long Setup:  DVN  .40 break hl
01[11:05] {Threei}  If holds  .30
01[11:06] {Threei}  nemo, for you, from e-mail I've got: It's not too late to make simple, heartfelt gifts for Valentine's Day
01[11:07] {Threei}  I think they mnistakenly sent it to me, forwarding to you
[11:07] {nemo} I'
01[11:08] {Threei}  lost your speech?
[11:08] {nemo} I've made many "heartfelt" acts in my life...it was just they were the last thing they felt
01[11:08] {Threei}  hehe... surprizingly good one
[11:09] {nemo} I do God's work...I help souls transition to their next incarnation
01[11:09] {Threei}  to any other comeback I've prepared "oh, are you the first person everyone thinks of when hears word heartfel?"
[11:09] {Will49} Buddha wouldn't approve of the process
01[11:09] {Threei}  are = aren't
01[11:10] {Threei}  disregard DVN
[11:10] {nemo} Comparing me with Buddhists is an error of epic proportions
01[11:11] {Threei}  what were you thinking Will... everyone knows nemo prefers violets to lotuses
[11:11] {Will49} I didn't say you were a Buddhist
[11:11] {nemo} I didn't say you said I was a Buddhist
[11:11] {Will49} just said he wouldn't approve
01[11:12] {Threei}  his first morning act is to take a violet out of glass, kiss it and gently put back saying "we are the same, you and O..."
[11:12] {nemo} Actually, Sudartha didn't have much to say about the "afterlife" aspect of existence
[11:12] {Will49} obviously you know what you're talking about
[11:12] {nemo} or Siddartha, whichever you prefer
[11:13] {nemo} Well, I have a level of information, whether it's fictional information or actual information is always up for debate
[11:13] {nemo} I live by Napoleon's dictum:
[11:13] {nemo} "History is merely a fantasy upon which we all agree."
[11:14] {Will49} agree
01[11:15] {Threei}  my agreement depends on number of bottles attached to a piece in question
[11:15] {nemo} I was involved in some "history"  that is not how it was reported
[11:15] {Will49} :)
01[11:16] {Threei}  with couple bottles of Glenlivet I'll agree to most interpretations... one bottle of hennessy Paradis makes me nod to most everything
01[11:17] {Threei}  oh, and speaking of history distortions,, one of the most mind-boggling examples is Katyn events
01[11:18] {Threei}  still can't believe how what actually happened is absolutely not what we were taught throughout all after WW2 period
[11:18] {nemo} And then of course, there was Damansky Island
[11:21] {Will49} and how do we know "what actually happened"?
[11:21] {scottie} ATI l .60 if holds .50 ?
[11:21] {Will49} unless you were there
[11:22] {scottie} sorry... same answer I guess
01[11:22] {Threei}  can't tell scottie
[11:22] {scottie} tks
01[11:22] {Threei}  will, http://en.wikipedia.org/wiki/Katyn_massacre
[11:22] {nemo} In regards to what Will?
[11:23] {nemo} Oh and then there was the whole Chelabynsk event
[11:23] {Will49} history gets re-written, so unless you were there, you believe what you're taught
[11:24] {nemo} yep
[11:24] {Will49} at least, I do
[11:24] {nemo} or unless you had sourced directly connected to the events whom you believe
[11:25] {Will49} right
[11:26] {scottie} in ATI .61 small
[11:27] {dptl} MJN .80 long?
[11:28] {dptl} small
01[11:29] {Threei}  I don't like this kinf
[11:29] {dptl} k
01[11:29] {Threei}  thin AND slow
01[11:29] {Threei}  at least dino/cipher thinnies are fast
[11:32] {dino} csgs hl l .50
[11:33] {dptl} PAY 35 long?
01[11:35] {Threei}  I like the chart
01[11:35] {Threei}  need SPY to hold
[11:40] {nemo} lunchtime trading
[11:45] {scottie} out ATI -.08
[11:48] {dptl} in pay
[11:49] {dptl} LVS .25 long?
[11:50] {dptl} yes lol
01[11:50] {Threei}  right
[11:59] {dptl} EL .45 sh ?
01[11:59] {Threei}  hl
[12:08] {dptl} out pay flat
01[12:09] {Threei}  11:40] {nemo} lunchtime trading
[12:09] {dptl} yeah
[12:15] {dptl} stopped el
01[12:17] {Threei}  (US) House Speaker Boehner (R-OH): President Obama and Democrats in the Senate are not addressing the debt
01[12:17] {Threei}  wow, really?
01[12:17] {Threei}  that's new
[12:18] {jdetente} Boehner's been trapped in his tanning bed for a month...he just got out
01[12:19] {Threei}  that explains it
01[12:20] {Threei}  came out, looked around - wow, they are not addressong the debt!
[12:20] {thomcbell} enhanced by booze
[12:21] {nemo} http://ibankcoin.com/news/2013/02/06/priceless-how-to-feed-the-homeless/?utm_source=wordtwit&utm_medium=social&utm_campaign=wordtwit
[12:25] {jdetente} that's pretty good
[12:38] {thomcbell} vad FB 29 break?
01[12:38] {Threei}  yes
[12:38] {thomcbell} looks pretty good to me
[12:38] {thomcbell} if holding 29 OBVIOUSLY
[12:39] {thomcbell} 29.10 RATHER
01[12:39] {Threei}  right
01[12:39] {Threei}  I like it
01[12:52] {Threei}  wow
[12:54] {dptl} missed
[12:55] {Will49} me too
[12:55] {thomcbell} fb 1:1
[13:02] {dino} 07 red
[13:03] {thomcbell} cleaning up rest of FB 28.83
01[13:03] {Threei}  wtg
[13:03] {jdetente} good job
[13:03] {dino} gj
01[13:06] {Threei} Short Setup: CAT  .90 break
01[13:06] {Threei}  If holds  98
01[13:06] {Threei}  aggressive for .80 break
01[13:06] {Threei}  target 1:3
01[13:18] {Threei}  1:1
01[13:20] {Threei}  1:2
[13:20] {scottie} +.19 tks Vad
01[13:21] {Threei}  yw but 1:3 is coming
[13:21] {scottie} Didn't partial at 1:1 so I'm pleased with the trade :)
01[13:22] {Threei}  ahhh... rules violator :)
01[13:22] {Threei}  where is my police sire sound
01[13:22] {Threei}  siren
01[13:22] {Threei}  1:3
[13:22] {scottie} sorry, won't do again
01[13:22] {Threei}  out
[13:22] {dptl} out cat ty
[13:22] {Will49} out tks vad
01[13:22] {Threei}  yw
[13:22] {jdetente} beautiful ty!
01[13:23] {Threei}  ese is missing out
[13:25] {jdetente} filled last cover at 1:3.5
[13:25] {jdetente} thanks again Vad
[13:25] {dptl}  EL .40 sh?
01[13:26] {Threei}  not sure
01[13:26] {Threei}  getting patienter jd? :)
[13:26] {jdetente} trying :)
01[13:28] {Threei}  visual: http://goo.gl/HnMjj
[13:30] {dptl} HES .50 sh?
01[13:31] {Threei}  yes, hl
[13:33] {scottie} SE l .25 ?
[13:33] {scottie} late
[13:38] {dptl}  hes valid still
[13:46] {thomcbell} arun 22.21 break if holding 22.16
[13:50] {dptl} out half hes
[13:51] {thomcbell} arun got stopped thru 22.16
[13:55] {thomcbell} bbry spike
01[13:58] {Threei}  BBRY CEO: so far sales of new BB10 models in Canada have exceeded prior launch performances by 50%, and UK sales are doing much better than prior product launches
01[13:59] {Threei}  RIMM topped around 18.30 on daily
01[14:00] {Threei}  while BBRY hasn't overtaken that high, I consider all this a marketing noise
[14:02] {dptl} ETN 59 short?
01[14:03] {Threei}  yes
[14:16] {scottie} BVN s .40 ?
01[14:16] {Threei}  yes, if SPY retturns to dpwntrend
[14:20] {nemo} http://ibankcoin.com/news/2013/02/06/u-s-to-offer-floating-rate-paper/?utm_source=wordtwit&utm_medium=social&utm_campaign=wordtwit
[14:20] {nemo} canary in the coal mine
[14:23] {Will49} who ETN
[14:23] {Will49} whoa
[14:23] {nemo} that would be opening Pandora's Box, on the other hand, gov't would have to get their shit straight damn quick
[14:29] {scottie} YELP on pullback ?
[14:33] {dino} out csgs -.11, thing won't move
01[14:33] {Threei}  hmmm
01[14:33] {Threei}  can't tell YELP
[14:33] {scottie} ok
[14:33] {dino} gotta hop early today. decent morning (4 of 5). thx all
[14:34] {Will49} be good dino
[14:34] {scottie} dino
[14:34] {dino} :)
01[14:34] {Threei}  take care dino
01[14:58] {Threei}  joke pretty much corresponding with our "patience" mantra:
01[14:58] {Threei}  Lord, give me patience... now please!
[15:01] {Will49} everybody's napping
01[15:03] {Threei}  OK, let's see if this one works:
01[15:03] {Threei}  According to doctors performing autopsy, a man's inner beauty is grossly exaggerated
[15:03] {Will49} Ok....ha ha ha
[15:03] {scottie} lol
[15:04] {jdetente} Where's the crickets sound??
[15:04] {jdetente} :)
[15:06] {dptl} wll .85 long?
[15:06] {dptl} WLL
01[15:07] {Threei}  hl, yes
[15:07] {Will49} all is well...DP wants to trade
01[15:07] {Threei}  hehe
[15:13] {dptl} got to go...see ya tomorrow all
[15:13] {scottie} dp
[15:13] {Will49} cheers dp
01[15:13] {Threei}  take care dp
[15:25] {jdetente} Going to call it a day. Another nice profitable day. :)
01[15:25] {Threei}  :)
[15:27] {scottie} ETN l .40 ?
[15:28] {scottie} late again
01[15:28] {Threei}  not sure
[15:28] {scottie} ok
01[15:31] {Threei} Short Setup: BBRY  16 break
01[15:31] {Threei}  If holds  .10
01[15:35] {Threei}  Invalidated
01[15:42] {Threei}  A strong frontal system approaching the South Coast will bring high winds beginning this afternoon to areas along the Vancouver Island side of the Strait of Georgia. Winds will rise to southeast 60 to 80 km/h this afternoon
01[15:42] {Threei}  careful out there will
[15:43] {Will49} got my rain gear ready
01[15:43] {Threei}  don't want you to land somewhere in Seattle
[15:43] {Will49} Carolyn will hold me down :)
01[15:53] {Threei}  OK guys, time has run out
[15:54] {Will49} TTFN everybody
01[15:54] {Threei}  BBRY saved by the bell
01[15:54] {Threei}  thank you all, have a great evening
01[15:54] {Threei}  see you tomorrow
[15:54] {scottie} gn see you all tomorrow