Wednesday, February 27, 2013

Feb 27 2013

Today's Catch of the Day JBE setup is as cookie-cutter as they get, total "Standard Operating Procedure" play, no thinking involved - follow the manual, pocket the profit.



Session Time: Wed Feb 27 00:00:00 2013
[09:07] {dino} gm
01[09:09] {Threei}  dino :)
[09:10] {nemo} what's my name?
01[09:10] {Threei}  hmmm
[09:10] {nemo} can't find my i.d.
01[09:10] {Threei}  call yourself and see who picks up phone?
[09:11] {nemo} my phone is right here
[09:12] {jdetente} good morning all
01[09:12] {Threei}  jd :)
[09:13] {thomcbell} vad - been re-reading 111 trades
01[09:13] {Threei}  I plan too
[09:13] {thomcbell} excellent job
01[09:14] {Threei}  thank you sir!
01[09:14] {Threei}  it should be called 164 trades now I guess, with latest addition...
[09:20] {dptl} gm
[09:20] {nemo} well, was wrong about the long setups going into the close.  Having said that, that, I think is the first time a long closing setup hasn't delivered in this bull run
[09:20] {cipher} gm
[09:20] {Will49} Good morning
01[09:20] {Threei}  cipher :)
01[09:20] {Threei}  will :)
01[09:20] {Threei}  dp :)
[09:26] {thomcbell} aig on watch for short setup - held multiple levels nicely but ......
[09:27] {ese} morning
01[09:27] {Threei}  ese :)
01[09:28] {Threei}  BBRY on short watch
01[09:28] {Threei}  FCX too
01[09:32] {Threei} Short Setup: BBRY  13 break
01[09:32] {Threei}  If holds  .10
01[09:33] {Threei} Short Setup: FCX  .90 break
01[09:33] {Threei}  If holds  32
01[09:35] {Threei}  ( (US) Congressional leaders to meet with President Obama on Friday
01[09:35] {Threei}  that's why sudden spike
01[09:35] {Threei}  sheesh
[09:35] {cipher} adsk l .16
01[09:36] {Threei}  Invalidated  FCX
[09:38] {thomcbell} lvs wow
[09:38] {cipher} out adsk .45 +.29
01[09:39] {Threei}  no go BBRY
[09:40] {cipher} spwr l .91
01[09:40] {Threei} Short Setup: GDX  .50 break
01[09:40] {Threei}  If holds  .60
[09:40] {nemo} ahh, so we're getting the breakout this morning
[09:41] {cipher} cost l .22
[09:42] {cipher} out spwr .03 +.12
01[09:42] {Threei}  stop to .56
[09:42] {cipher} out cost .54 +.32
[09:43] {thomcbell} coh long setup 48.71 break - half lot
[09:44] {thomcbell} coh 1:1
[09:44] {thomcbell} coh 1:2
[09:44] {cipher} wtg tbel
[09:44] {thomcbell} not a scalp for me
[09:45] {thomcbell} could get stupid
01[09:45] {Threei}  1:1
[09:47] {thomcbell} out even on coh
[09:48] {thomcbell} market too ittery
[09:49] {dino} cri sm l .51
[09:49] {thomcbell} short setup aig 37.50 break i entered - bad typing
01[09:50] {Threei}  COH starts looking interesting for 49 break
[09:50] {thomcbell} yes theres a takeover rumor on it
01[09:50] {Threei}  not for faint heart
[09:51] {cipher} +.17 cri thx dino
[09:51] {thomcbell} bbry reverse c&h vad
[09:52] {thomcbell} coh pretty tight here for a whippy stock
[09:52] {cipher} exxi l .31
[09:52] {dino} gj cipher
[09:54] {nemo} vwap bounces iwm spy fas
[09:56] {cipher} out exxi flat
[09:56] {thomcbell} aig 1:1
[09:57] {cipher} expe l .34
[09:57] {cipher} out .24 -.10
[09:59] {thomcbell} aig flat on 2nd half
[09:59] {dino} out cri .98, +.47
[09:59] {Will49} nice dino
[09:59] {cipher} wtg
[09:59] {dino} ty, but kindda sucked, thing spiked to 56.68
[10:00] {cipher} expe l .34
01[10:00] {Threei}  *(US) JAN PENDING HOME SALES M/M: 4.5% V 1.8%E; Y/Y: 10.4% V 8.2%E
[10:00] {dino} pdce sm s .01
01[10:00] {Threei}  (IT) Center-left junior coalition party from Bersani's group is said to have rejected an offer from the center-right Berlusconi group to join a governing coalition
[10:01] {nemo} long-side filling up fast on algo
[10:01] {cipher} out expe .65 +.31
[10:03] {dino} cov pdce .25, +.76
[10:03] {cipher} nice dino
[10:03] {dino} ty
[10:04] {dino} trying to find ot why its up. q4 -4.17/share
[10:04] {dino} ahh utica shale
01[10:04] {Threei} Short Setup: SLW  .25 break
01[10:04] {Threei}  If holds  .35
01[10:05] {Threei}  nope
01[10:07] {Threei} Long Setup:  LVS  .75 break
01[10:07] {Threei}  hl
[10:08] {dptl} stop?
01[10:08] {Threei}  standard
[10:08] {dptl} k
01[10:10] {Threei} Long Setup:  CAT  .75 break
01[10:10] {Threei}  hl
01[10:10] {Threei}  If holds  .65
01[10:11] {Threei}  1:1
01[10:11] {Threei}  1:2
01[10:11] {Threei}  out
01[10:12] {Threei}  LVS stop to .69
[10:13] {cipher} rprx l .70
[10:14] {dino} pdce sm s .08
01[10:15] {Threei}  1:1
[10:17] {ese} took the cookies out of my computer and it cut me off
[10:17] {dino} cov pdce .78, +.30
01[10:17] {Threei}  now I know cookie monster is real
[10:18] {jdetente} sold some AMRN $8 puts .25/share
[10:18] {thomcbell} dino - trla one more flush right down to the 50 sma
[10:18] {jdetente} oops sorry didn't mean to post that lol
[10:18] {jdetente} wrong window
[10:18] {dino} ok
01[10:19] {Threei} Long Setup:  RIG  .50 break hl
[10:19] {dino} 22.35 tbell?
[10:20] {thomcbell} yes
[10:20] {dino} alrighty then
01[10:20] {Threei}  If holds  .40
[10:21] {cipher} pdce l .00
[10:23] {dino} 07 brockin' green
[10:23] {dino} rockin'
[10:23] {thomcbell} long setup jcp 20.70 break if holding 20.60
[10:23] {thomcbell} earnings after the bell - fyi
01[10:24] {Threei}  1:1
[10:26] {cipher} out pdce .38 +.38
[10:26] {cipher} what a ride pdce
[10:27] {cipher} shorts got squeezed and longs got whacked
[10:29] {thomcbell} jcp invalid
[10:29] {cipher} bsft blood
[10:29] {cipher} bsft l .14
[10:33] {dino} jbht bspike
01[10:35] {Threei} Long Setup:  AET  .05 break
01[10:35] {Threei}  If holds  .95
[10:44] {cipher} out bsft -.16
[10:46] {dino} railroads rocking
[10:46] {cipher} bsft l .82
01[10:48] {Threei}  stop .99
01[10:51] {Threei} Short Setup: FB  .70 break
01[10:51] {Threei}  If holds  .80
[10:51] {cipher} bsft stop -.08
[10:52] {dino} thinking 31.20s
01[10:53] {Threei}  AET 1:1
[10:53] {dino} htwr sm l .38, gappy
01[10:54] {Threei}  1:2
[10:54] {cipher} panl l.05
[10:55] {Will49} tks Vad 1:2
[10:55] {dino} out htwr .88, +.50
[10:55] {dptl} out .28 ty
01[10:55] {Threei}  yw
[10:59] {cipher} czr l .68
[11:00] {patel} 9.50 high
[11:03] {cipher} out panl .26 +.21
[11:04] {cipher} too soon
[11:07] {dino} gj
[11:08] {cipher} out czr .83 +.15
01[11:08] {Threei}  1:3, out
[11:09] {dino} darn bsft never got to my target to enter
[11:09] {cipher} scty drop
[11:10] {cipher} scty l .98
[11:11] {cipher} czr l.90
01[11:15] {Threei}  http://goo.gl/wAjxS
[11:15] {cipher} out czr .03 +.13
01[11:16] {Threei}  wow AET
01[11:17] {Threei}  can I have my exit back?
[11:19] {cipher} out scty .14 +.16
[11:19] {dino} clf spike
[11:20] {ese} L htz .69 avg .96
[11:33] {dino} mstr drop
01[11:34] {Threei} Short Setup: FB  .80 break
01[11:34] {Threei}  If holds  .90
01[11:39] {Threei}  did FB trigger? looked away for a few
[11:39] {patel} yes
[11:39] {patel} in at .79
01[11:39] {Threei}  k
[11:39] {Will49} yes in at .79
[11:41] {cipher} mstr l .98
01[11:41] {Threei}  notice 26.70 on FB,
01[11:41] {Threei}  yesterday's low
01[11:42] {Threei}  got broken earlier today, then market surge helped FB stay afloat,
01[11:42] {Threei}  but if get broken again, good chance for a sizeable drop
[11:46] {dino} nice mstr entry cipher
[11:47] {cipher} thx for heads up
[11:51] {dino} np
[11:53] {cipher} out .61 +.63
[11:53] {cipher} missed the top
[11:53] {cipher} wow glad I got out
01[11:54] {Threei}  lol
[11:54] {cipher} bids just disappeared
[11:54] {cipher} not funny 3i
[11:55] {cipher} like jumping into an empty pool
[11:55] {cipher} :)
01[11:55] {Threei}  how is it not funny?? :)
[11:55] {nemo} pogo sticking in a minefield
[11:56] {cipher} weird stock now back up
[12:00] {dino} always tredes freaky
[12:00] {dino} pdce hod
[12:01] {dino} jbht too
[12:09] {dptl} stopped fb
01[12:09] {Threei}  yeah
[12:10] {nemo} don't forget, this is mark-up day
01[12:11] {Threei}  why do you think I forget that?
[12:11] {nemo} just a general service announcement
01[12:19] {Threei}  can't get rid of feeling we are going to see a lot of selling today, and FB is one of those that will come crashing down
[12:20] {thomcbell} same with aig - cant catch a bid at all
[12:21] {thomcbell} but fb better - still down 2% despite all this market strength
[12:21] {dino} traditionally march and april are not the best months for longs
[12:23] {dino} spike
[12:35] {cipher} lmca l .08
[12:37] {cipher} out .30 +.22
[12:38] {cipher} now I can go to lunch :)
01[12:38] {Threei}  just don't jump in empty pools on your way
[12:39] {cipher} lol
[12:39] {dino} gj
01[12:39] {Threei}  frikin FB
[12:40] {Will49} it's toying with us
01[12:42] {Threei} Short Setup: AIG  .70 break
01[12:42] {Threei}  If holds  .80
[12:45] {thomcbell} short setup wprt 29.90 break if holding 30
[13:02] {dino} pdce sm s .55, stop hod
[13:03] {dino} well that sucked
[13:09] {dino} rinsed
01[13:21] {Threei}  ok AIG
01[13:21] {Threei}  time to die
[13:31] {Will49} stock teaser!
[13:32] {dino} zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz
[13:32] {nemo} dino dcc
01[13:32] {Threei}  slow creep up day in a stall phase
01[13:32] {Threei}  it's either sit and wait, or pick a play that has a chance, woth as low risk as possible, and give it a go
[13:33] {nemo} consolidating at lunch, spy made WPP, question is does FAS and IMW try for theirs?
[13:35] {dino} sitting and waiting for capit or spike
[13:35] {thomcbell} anybody do wprt
[13:35] {thomcbell} if so take em in here
[13:35] {Will49} wish i had
[13:36] {dino} srpt
[13:37] {dino} can't borrow
[13:40] {thomcbell} that wprt came right out of the 111 reading i did last night
[13:40] {thomcbell} c&h failure
[13:40] {thomcbell} thanks vad
01[13:40] {Threei}  you are very welcome :)
01[13:40] {Threei}  (I really need to read it)
01[13:41] {Threei}  (and pretend that I RE-read it)
01[13:51] {Threei}  "Light travels faster than sound. That is why some people seem bright until you hear them speak."
[13:51] {Will49} lol
01[13:54] {Threei}  I thought torture was illegal? Someone needs to tell AIG
[13:54] {Will49} i'm getting screen burn-in on my retinas
01[13:59] {Threei}  good boy AIG... do more of that
01[14:05] {Threei}  and faster...
01[14:05] {Threei}  I want to get to 1:1 while we are young
[14:05] {Will49} specially me
01[14:05] {Threei}  well... I'll retract that... too late for some (slanting at nemo)
[14:07] {nemo} mesodactyl
[14:08] {dino} wes drop
01[14:11] {Threei}  stop .76 AIG
01[14:11] {Threei}  no point in risking full sized stop at this point
01[14:12] {Threei}  hmmm... thnis sentence above loooks like the name of one of resorts on our island... Point No Point
[14:13] {dino} cri sm l .60
[14:13] {thomcbell} coh ugly 10 minute pattern - reverse c and h
[14:47] {dino} out cri .75, +.15
01[14:52] {Threei}  frikin GDX
[14:56] {dino} nice morning, but this afternoon is d e a d
01[14:57] {Threei}  slow climb... those ARE dead
[14:58] {dino} yeah, not my type of market
01[14:58] {Threei}  look at the volume today
01[14:58] {Threei}  comparing to selloff days of late
[14:58] {dino} low
[15:02] {dino} bsft drop
[15:07] {thomcbell} bbry explosive
01[15:10] {Threei}  no news
01[15:12] {Threei}  Facebook Reportedly expanding advertising services to third parties - TechCrunch.com- Through new partnerships with top online and offline purchase data providers Datalogix, Epsilon, Acxiom, and BlueKai, Facebook is now allowing advertisers to target hashed lists of existing and potential customers, and categories like role playing gamers or soda drinkers. This expansion of Facebooks Custom Audiences program could rake in revenue and attract businesses by matching ads to real spenders. - The four partners already work with many of the worlds biggest brands to target email marketing, direct mail, and other online ads. Now theyll be able to use the same ones to pinpoint Facebook ads. Businesses can request their data partner upload a privacy-protected, hashed list of customer or potential customer information such as email addresses. The advertiser can then target these sets of people, but dont ever know the identity of who theyre reaching.
01[15:12] {Threei}  sounds nasty
[15:14] {jdetente} uvxy is now .80 from my original entry
[15:15] {jdetente} sorry wrong window again lol
01[15:15] {Threei}  34% Say U.S. Heading in Right Direction
01[15:15] {Threei}  I didn't know that many thought right direction was over the cliff
[15:16] {dino} they are the collectors of handouts
01[15:21] {Threei}  even they can't be this blind so they don't see the end of the road, can they?
[15:22] {dino} bsft blood
[15:24] {dino} 3i yes they are blind, socialists. all equal bs
[15:25] {Will49} lots of good people out there that just have no clue about what's going on
01[15:26] {Threei}  scary isn't it
[15:27] {Will49} oh yeah
[15:27] {dino} bsft sm l .51
01[15:27] {Threei}  when their world comes crashing down, and they'll be pointed at "guilty"
[15:28] {dino} stop -.30
01[15:29] {Threei}  last try:
01[15:29] {Threei} Short Setup: GDX  .15 break
01[15:29] {Threei}  If holds  .25
[15:37] {thomcbell} short setup qcom 66 break if holding 66.10
[15:39] {dptl} have a good night all...see ya tomorrow
[15:39] {Will49} be good dp
[15:41] {dptl} i will...no shaking more then once lol
[15:41] {Will49} lol
01[15:42] {Threei}  hmmm
01[15:42] {Threei}  I don't know what to say to that
[15:42] {dptl} lol
[15:42] {Will49} silence is golden
01[15:42] {Threei}  I'll elect that, lol
[15:44] {dino} cya dp
[15:48] {dino} calling it a day, thx all, good one
01[15:48] {Threei}  take care dino
[15:48] {dino} u2 buddy
01[15:48] {Threei}  no time for GDX to trigger and work
[15:48] {Will49} see ya dino
[15:48] {dino} cya will
01[15:48] {Threei}  let's call it a day
[15:48] {Will49} fine by me
01[15:49] {Threei}  thank you all, have a good evening, see you tomorrow
[15:49] {thomcbell} qcom 1:1
[15:51] {patel} take care
[15:54] {thomcbell} bidding for entire second half on qcom at 37.80 and moving stop to 37.88
[15:55] {thomcbell} out qcom 1:2
01[15:55] {Threei}  wtg
[15:55] {thomcbell} tu - good night
[15:55] {thomcbell} all