Friday, April 5, 2013

Apr 5 2013

Profitable end to profitable week. Started with two opening shorts in SLW and GDX nailing the top exactly in both, continued on a positive side with some back and forth, and ended the week with 5 winning days. Nothing to complain about going into weekend.

 Session Time: Fri Apr 05 00:00:00 2013
[08:39] {nemo} Your kinda
[08:39] {nemo} day
[08:39] {nemo} VadER
[08:42] {Les} and the trap door closes
[08:46] {Les} oh come on wake up ya yank bums I wanna trade!!!!!!
01[08:50] {Threei}  why are we screaming, yelling and generally misbehaving?
[08:51] {nemo} who's yelling?
[08:52] {Les} smell blood
[08:53] {Les} good morning
01[08:53] {Threei}  hi
[08:53] {nemo} frickin' rabbit can't make up her mind.  Up down...back and forth
[08:56] {nemo} well bad news was sold
01[08:57] {Threei}  yes... but Euro is strong
[08:57] {nemo} that can't last
01[08:57] {Threei}  so it's a pull and push so far
[09:12] {thomcbell} FB had a very strong day yest on volume - probably should be on long watch
[09:12] {nemo} FFIV
01[09:13] {Threei}  my favorite beating targets react positively
01[09:13] {Threei}  PMs and miners
01[09:14] {Threei}  that's weird actually
01[09:14] {Threei}  they used to drop with US troubles, and rise in response to European ones
[09:20] {dino} gm
[09:21] {Will49} gm
01[09:21] {Threei}  dino, will :)
[09:21] {nemo} no pomo today
[09:22] {nemo} but according to the schedule there is
[09:22] {nemo} weird
[09:25] {Alexs} good morning
01[09:25] {Threei}  alex :)
[09:25] {dino} surprised you guys can see me. have on my camo baseball hat to keep sun out of eyes
01[09:25] {Threei}  we can't... we guessed
[09:28] {Les} I have infrared sensor app built in to Mirc for such occassions Dino
[09:28] {cipher} gm
01[09:28] {Threei}  cipher :)
[09:29] {nemo} I sent a remote micro-drone to dino's office
[09:29] {Les} trading with the sun in yer eyes, that's a bitch
[09:29] {nemo} having to actually look at you Les is worse
[09:29] {Les} must be Friday
[09:30] {Les} Nemo's in premarket kill mode
[09:31] {_doublertrading} Hey all
01[09:31] {Threei}  doubler :)
[09:31] {_doublertrading} Nice comeback yest Vad
[09:31] {Les} watching BBY again
[09:31] {thomcbell} lvs
[09:32] {thomcbell} wowza
[09:32] {backman} FB 1;1
01[09:33] {Threei} Short Setup: GDX  .90 break
01[09:33] {Threei}  If holds  36
[09:36] {thomcbell} shocking that pdce gapped up like it did
01[09:39] {Threei}  1:1
01[09:39] {Threei} Short Setup: SLW  .40 break
01[09:40] {Threei}  If holds  .50  of course
01[09:40] {Threei}  GDX 1:2
[09:40] {backman} ty
01[09:40] {Threei}  yw
[09:41] {_doublertrading} Clear and concise Vad, ty
01[09:41] {Threei}  SLW 1:1
01[09:41] {Threei}  Even a blind pig gets a kernel of corn now and again
[09:41] {Les} smells it
[09:41] {Will49} Tks Vad on GDX
01[09:41] {Threei}  blood in the water? always
01[09:41] {Threei}  yw guys
[09:41] {_doublertrading} Meow
01[09:42] {Threei}  SLW 1:2
01[09:42] {Threei}  and GDX 1:3, closed both
01[09:42] {Threei}  can I go home?
[09:42] {Les} sure
[09:42] {_doublertrading} Sure catch you monday :)
[09:42] {_doublertrading} Haha
[09:43] {_doublertrading} Do you finish early on fridays Vad?
01[09:43] {Threei}  hmmm... U can't get away that easy, can I?? :)
[09:43] {Les} we'll let ya into the vodka already, but stay close to screen please
01[09:43] {Threei}  well, not THAT early :)
[09:43] {_doublertrading} We demand a couple more wins before you jet off and have some Vodka Vad
[09:43] {_doublertrading} ;)
[09:43] {dino} suppose these jobs numbers are bush's fault
01[09:43] {Threei}  GDX too soon
01[09:43] {Threei}  1:4 on radar
[09:46] {Les} missed on BBY made pennies when .90/25 was the kill zone
[09:49] {thomcbell} gnw on long watch here
[09:49] {thomcbell} mtg had a heck of a bounce
[09:51] {dino} cavm sm l .02
[09:52] {backman} BBY 1:1....vad, thanx for consult :=)
[09:53] {Les} setup was what?
[09:53] {Les} whatchya take?
01[09:53] {Threei}  hmm... did I say anything about it?? :)
01[09:53] {Threei}  I'll take credit of course :)
[09:53] {backman} no....i just closed my eyes and genuflected
01[09:53] {Threei}  ahhh!
[09:54] {Les} .45 is support area from yesterday. trying here new setup
[09:54] {dino} ffiv sm l .16
[09:55] {backman} GDX big bounce
01[09:55] {Threei}  yeah, and both jumped with no setup
01[09:55] {Threei}  I even started typing "time to look for reversal"
[09:56] {Les} was guessing for support, but not willing to take without right setup
01[09:56] {Threei}  when GDX and SLS permormed teleportation by 12-15 cents
01[09:56] {Threei}  SLW that was
[09:57] {backman} FB?
01[09:57] {Threei}  looks short to me
01[09:57] {Threei}  .80 break
[09:57] {dino} htwr sm l .84
[09:57] {dino} wide
[09:58] {dino} ffiv stop .80 -.36
[09:59] {dino} out htwr .60, +.76
01[09:59] {Threei}  nope
[10:00] {Les} gdx .84?
[10:00] {Les} holding .95?
[10:00] {Les} never mind
[10:00] {dino} out cavm .40, +.38
[10:01] {thomcbell} where is cipher - this is his tape
[10:01] {thomcbell} dino cipher
[10:01] {dino} htwr drop
[10:01] {thomcbell} two nice ones there dino
[10:02] {dino} ffiv rinsed
[10:02] {cipher} here
[10:02] {dino} ty tbell, lucky, things are pulp
[10:02] {cipher} busy trading :)
[10:02] {thomcbell} that a boy
[10:03] {dino} wtf htwr, spiked a buck
[10:04] {cipher} ADP L .40
[10:05] {dino} htwr sm l .73 ave
[10:05] {dino} out htwr .29, +.56
[10:06] {dino} that thing is definition of pulp
[10:08] {nemo} range check coming
[10:08] {dino} cavm sm l .93
[10:11] {thomcbell} FB grrr
01[10:12] {Threei} Long Setup:  C  .10 break
01[10:12] {Threei}  If holds  42
[10:14] {cipher} MELI L .11
[10:14] {nemo} jcp
[10:15] {cipher} out MELI .02 -.09
01[10:20] {Threei}  stop to .04
[10:20] {cipher} CME L .75
01[10:20] {Threei}  1:1
[10:20] {cipher} ADP stopped .44 +.03
[10:22] {nemo} gmcr
[10:23] {thomcbell} nice C - Vadim
[10:23] {dino} out cavm .29, +.36
[10:23] {thomcbell} good stuff Dino
01[10:23] {Threei}  :)
[10:23] {cipher} CME stopped +.04
[10:23] {dino} ty tbell. unfortunately have to leve for 30 minutes or so
01[10:24] {Threei}  hey guys, remember jf?
01[10:24] {Threei}  jf44
01[10:24] {Threei}  or close to that
[10:25] {thomcbell} long setup wdc - 49.10 break if holding 49
01[10:25] {Threei}  jfjf64... found exact nick :)
01[10:25] {Threei}  says hi and should be back soon, finished whatever assignments he had
[10:27] {thomcbell} wdc 1:1
[10:28] {thomcbell} that was all she had wdc 1:1
[10:29] {thomcbell} rinse and run
[10:29] {thomcbell} piece of garbage
[10:30] {thomcbell} oh come on Vad
01[10:30] {Threei}  ?
[10:30] {thomcbell} wdc
[10:31] {thomcbell} hit 1:1 - rinsed second half and then bolted
01[10:31] {Threei}  did I miss something? :)
01[10:32] {Threei}  I can't tell by that bar at 10:28... did it hit .20 and then .08?
[10:33] {Les} BBY testing VWAP resistance here
[10:33] {thomcbell} yes - fortunately i didnt use a hard stop on the entire second half - so got 0.30 cents on 1/4 of the position
[10:34] {cipher} GMCR S .96
01[10:34] {Threei}  nice
[10:34] {thomcbell} lvs looks like a 51.72 long break 1/2 lot
[10:35] {thomcbell} id rather buy a rinse though
[10:35] {cipher} NTWK L .46
[10:35] {cipher} cov GMCR .85 +.11
[10:36] {backman} l gdx .33
[10:36] {nemo} chkp
[10:37] {Les} 2 way play chkp?
[10:37] {nemo} cat
[10:39] {backman} out 1:1
01[10:39] {Threei}  no read on CHKP
[10:45] {thomcbell} wow wdc
[10:46] {thomcbell} and FB
[10:48] {Les} watching SLW as it drifts lower to 29 here
[10:49] {Les} VAd SLW 29 short holding .10?
01[10:49] {Threei}  just a min more of consolidation and yes
[10:52] {nemo} looks like they want to get spy to the weekly pivot at .62
[10:52] {cipher} GMCR L .91
01[10:53] {Threei}  SLW looks so very ready
01[10:53] {Threei}  GDX too btw
01[10:53] {Threei}  setup is obvious
[10:53] {cipher} out GMCR  .09 +.18
[10:55] {thomcbell} slw pivot 28.76 a good target
[10:55] {Les} fb
[10:56] {Les} .54? short
[10:57] {Les} stop .65{'
[10:57] {Les} ?
01[10:57] {Threei}  don't see any setup there
[10:57] {Les} k
[11:04] {nemo} BTFD!!!
[11:08] {Les} go buy it yerself douchebag
[11:08] {Les} partial SLW
01[11:08] {Threei}  1:1
[11:08] {Will49} yes, 1/2 out tks Les
01[11:10] {Threei}  GDX 1:1 as well
01[11:10] {Threei}  this is too easy... I need new profession. Training tigers?
[11:11] {Les} uh oh
[11:11] {nemo} training your wife
[11:11] {Les} ego alert
[11:11] {dino} .
[11:11] {Les} gonna put a hex on us
[11:11] {nemo} iwm might close the gap
01[11:13] {Threei}  SLW 1:2, out
[11:13] {thomcbell} well lvs got the ridiculous rinse and then pow
01[11:13] {Threei}  GDX 1:2, out
[11:13] {nemo} lost track of chkp
[11:13] {Will49} Tks again Les
06[11:14] * Les takes a bow and thanks VAd's practised eye
[11:14] {Will49} yes. assist to you Vad
06[11:15] * Threei thinks of something witty and caustic to say, can't comeup with anything, shrugs and falls asleep
[11:15] {Will49} LOL
[11:15] {backman} thnx GDX ...have a good wknd
01[11:16] {Threei}  take care backman
[11:16] {Les} hehehe
01[11:17] {Threei}  loonie is a thing of beauty today
[11:17] {Les} I'm admiring the yen
[11:17] {Les} full steam ahead titanic
[11:23] {Les} sm FB short .68
[11:23] {thomcbell} wprt - nice job - look at that pivot bounce to the penny
[11:23] {thomcbell} i mean slw
[11:23] {nemo} next leg up
[11:26] {Les} cover half fb .60
[11:28] {Les} FB covered .60
01[11:30] {Threei} Long Setup:  GDX  35 break
01[11:32] {Threei}  Invalidated
01[11:32] {Threei}  poor goldbugs... no break
01[11:35] {Threei}  - The March jobs report is very poor by any analysis. Non-farm payrolls added only 88K, its worst showing since last July. By far the ugliest component of the report was retail jobs, which plunged by 24K. Analysts say the latter component is due to the impact of the payroll tax increase.
01[11:35] {Threei}  where is ese.. I want to hear his thoughts on great recovery
[11:35] {Les} suck crap and die washington
01[11:36] {Threei}  The unemployment rate fell to lows last seen in December 2008, although most of the decline was due to labor force shrinkage. The labor force participation rate fell to 63.3%, the lowest level since 1979.
[11:42] {Will49} Xie, Xie for all the jobs USA
01[12:00] {Threei}  lol
01[12:00] {Threei}  pathologists state that human inner beauty is greatly exaggerated
[12:00] {Les} :)
01[12:07] {Threei} Long Setup:  FB  .55 break
[12:16] {cipher} SINA L .64
[12:16] {thomcbell} after some consolidation we may get a lvs short entry
[12:17] {thomcbell} on 52 break
[12:17] {cipher} out SINA .87 +.23
[12:18] {Les} BBY tryign to break resistance
[12:21] {Les} FB short vad?
[12:21] {Les} break of .45
01[12:21] {Threei}  probably
01[12:22] {Threei}  still feels like long is better odds
[12:22] {cipher} good call on BBY Les
[12:22] {Les} yeh grabbed two scalps short and left it as energy died off. can't see much now
[12:23] {Les} might reverse here BBY but has trendline support so not touching yet
[12:23] {thomcbell} now its tradeable 51.98 break if holding 52.08
[12:23] {thomcbell} lvs
[12:24] {thomcbell} it would be a c&h failure
[12:27] {thomcbell} im cancelling the idea
[12:28] {thomcbell} lvs nothing working
[12:29] {Les} 3 min bb's are strangling it tbell. New move coming soon
[12:29] {thomcbell} looks 2 sided
[12:30] {Les} FB no longer a squeeze candidate
[12:31] {nemo} your head is
[12:32] {Les} LOL
[12:32] {Les} not bad not bad
01[12:33] {Threei}  you are too kind les
01[12:33] {Threei}  I found it below par for nemo
01[12:33] {Threei}  I expect much more sophisticated insults from him
[12:34] {Les} friday, I'm tired.. and he got a chuckle out of me. works
[12:35] {nemo} It was right there Vad...besides nothing will come out anyway
[12:35] {nemo} except for air
03[12:35] * Looking up cc_8 user info...
[12:35] {nemo} cat
[12:36] {nemo} too fast above .80
[12:37] {cipher} SINA L .02
[12:42] {cipher} GMCR  L .82
[12:51] {cipher} SINA stopped .05 +.03
[12:52] {cipher} out GMCR .91 +..09
01[12:54] {Threei} Short Setup: GDX  .30 break
01[12:55] {Threei}  If holds  .40
01[12:55] {Threei}  yikes
[12:57] {cipher} conn s .00
[12:58] {cipher} stopped .97 +.03
[13:02] {Les} fb vwap here
[13:02] {Les} short .30?
01[13:02] {Threei}  nah
01[13:02] {Threei}  sharp drop into support
[13:02] {Les} k
01[13:02] {Threei}  no consolidation
01[13:05] {Threei} Short Setup: LVS  52 break
[13:05] {Les} haha
[13:05] {Les} beat me to it
01[13:05] {Threei}  tbell's idea from earlier
[13:05] {Les} true
01[13:05] {Threei}  formed setup again
06[13:12] * Threei hits LVS over the head with 2x4
01[13:17] {Threei}  Invalidated
01[13:17] {Threei}  but on watch
01[13:17] {Threei}  it's one of those on again, off again
[13:18] {nemo} iwm gonna fill gap
[13:18] {nemo} this rally far from over
01[13:21] {Threei}  I think so
01[13:21] {Threei}  everyone and their brother expect correction
[13:21] {nemo} consolidating before earnings
[13:21] {nemo} when everyone expects it, it doesn't happen
01[13:21] {Threei}  eqzaktly
[13:22] {nemo} indubitably
[13:24] {Les} damn dt's on the miners
[13:28] {Les} FB short .30?
[13:28] {Les} holding .40?
01[13:29] {Threei}  chart looks right
01[13:29] {Threei}  but so did GDX's
01[13:29] {Threei}  how about this:
01[13:29] {Threei}  yes but hl, oir of respect for Fri aftrenoon listlessness
[13:29] {Les} yeh vwap might serve as new launching platform long
01[13:29] {Threei}  out
[13:29] {_doublertrading} Bye all, have a great weekend, off to have some drinks :)
[13:30] {Les} cheers man
01[13:30] {Threei}  take care doubler
[13:30] {_doublertrading} Cheers all
[13:30] {_doublertrading} Cya
[13:30] {dino} enjoy doubler
[13:30] {Will49} bye
[13:33] {Les} watching if GDX can set up potential cup and handle with .50 trigger
[13:39] {cipher} FFIV L .00
[13:41] {cipher} out .20
[13:48] {dino} gj
[13:48] {dino} ok, back to work
[13:51] {thomcbell} kors could be a short setup here after some digestion
[13:51] {thomcbell} congestion
[13:52] {dino} ffiv sm l .81
01[13:55] {Threei} Short Setup: GLD  .50 break hl
01[13:58] {Threei}  needless to say, invalidated
[14:09] {Les} FB half covered .21
[14:09] {dino} out ffiv .24, +.43
01[14:13] {Threei}  nice one FB
[14:15] {Les} FB fully covered .22
[14:16] {dino} gj
[14:16] {Les} making dinner and my bid at .10 wasn't even close
[14:16] {Les} ty
[14:27] {dino} alk banging pivot
01[14:28] {Threei}  is it concentual?
[14:28] {Will49} lol
[14:35] {dino} lol
[14:35] {dino} damn dial-up
[14:42] {thomcbell} market is pretty impressive
[14:44] {dino} indeed
[14:44] {nemo} employment report means Bennie keeps pedal to the metal
[14:44] {nemo} market happy
[14:45] {dino} print print print
[14:46] {dino} we scewed up nemo. we should have been sorting fxy after weekend announcement by boj
[14:46] {dino} shorting
[14:46] {nemo} what etf can do that?
[14:47] {nemo} oh cool
[14:47] {dino} fxy yen/$
[14:47] {nemo} yep
[14:47] {Les} there be currency war
[14:48] {nemo} knew it, spy gonna' go for the 155 stops me thinks
[14:48] {Les} c
[14:49] {nemo} fxy doesn't do much volume
[14:49] {dino} too me its rockin' volume
[14:50] {nemo} I understand, go back under your hat
[14:50] {dino} :)
[14:50] {dino} les, regarding currency war, thats what the euro countries need. the ability to print/de-value, etc. they are f#cked w/o it
[14:51] {Les} sure dino
[14:51] {Les} but three way horse race
[14:51] {Les} DT C?
[14:51] {Les} volume spike 1 and 2
[14:51] {nemo} not really Les...you have a Euro cluster party
[14:51] {dino} dk, too thick for my edge
[14:52] {nemo} too many differing cultures, they'll all screw with their budgets
[14:52] {Les} 3 way race
[14:52] {Les} yen
[14:52] {Les} dollar
[14:52] {Les} euro
[14:52] {nemo} Euro is going to die
[14:52] {Les} and Euro bankers tied one hand behind back by politicians
[14:53] {Les} t'will be interesting regardless of outcomes
01[14:53] {Threei}  Euro is like a good zombie - yes, it's going to die but first it will kill as many as it can
[14:53] {nemo} 3:00 clock numbers
[14:54] {dino} 1st euro country to bail is best one left standing. germany should go first
[14:55] {dino} reminds me of the customs joke
[14:55] {Les} would be doing everyone a favour
[14:55] {Les} Europeans hate Germans again
[14:56] {dino} merkel arrives in greece. customs asks "occupation?" she replies, "in about two weeks."
[14:56] {Will49} lol
[14:56] {nemo} dino made a funny (faint)
[14:56] {dino} htwr vsm l .55
01[14:58] {Threei}  I know variation
01[14:58] {Threei}  custom: nationaly?
[14:58] {nemo} yeah, Reagan
01[14:58] {Threei}  merkkel: german
01[14:58] {Threei}  custom: occupation?
01[14:58] {Threei}  merkel: no, just visiting
[14:59] {Will49} :)
[14:59] {dino} this country needs reagan nemo
01[15:00] {Threei}  *(US) FEB CONSUMER CREDIT: $18.14B V +$15.0BE
[15:00] {nemo} bad news was bought after bottoming and this would be considered good news?
[15:01] {dino} we dropped
[15:04] {Les} LoL Dino funny
[15:05] {nemo} transports are funny
[15:05] {nemo} gone positive
[15:10] {thomcbell} fb long setup 27.40 break if holding 27.30
[15:11] {thomcbell} really if 27.28
[15:11] {thomcbell} very nice volume again
[15:12] {Will49} wow
01[15:21] {Threei} Short Setup: C  .70 break
01[15:21] {Threei}  If holds  .80
[15:24] {dino} out htwr .49, -.06. bus stop time
[15:31] {Les} C squeezing good today
[15:37] {thomcbell} lvs i want to start clapping
[15:37] {thomcbell} you did it kid
01[15:38] {Threei}  hehe
[15:39] {thomcbell} bowties in boston want to bring this market green
[15:42] {nemo} popped the 155 stops
[15:44] {nemo} finnies hit yesterday's pivot
01[15:48] {Threei}  quite impressive resilience
[15:48] {dino} dumb move, should've hard stopped htwr and let it trade
01[15:48] {Threei}  assumption that BTFD is still in effect is still in effect
[15:48] {dino} what is btfd
[15:48] {nemo} earnings start next
[15:48] {nemo} week
[15:48] {nemo} BUY THE FUCKING DIP
01[15:48] {Threei}  buy the f***g dip :)
[15:48] {nemo} janitor
01[15:49] {Threei}  miners are still in deep doodoo
01[15:49] {Threei}  gold at least showed some will to live
01[15:50] {Threei}  unlike silver
[15:50] {nemo} doodoo=shit
01[15:50] {Threei}  thanks for the translation
[15:50] {nemo} np and Pisdah means...
01[15:50] {Threei}  sigh... who teaches hom russian...
01[15:50] {Threei}  him
[15:51] {nemo} mon frere!
[15:54] {Will49} enjoy your weekend mes amis
01[15:54] {Threei}  thank you all
01[15:54] {Threei}  have a great weekend
[15:54] {Les} CHEERS
01[15:54] {Threei}  see you Monday
[15:57] {thomcbell} flattening fb at break even
[15:57] {thomcbell} duh
[15:59] {nemo} can iwm close positive
[15:59] {nemo} ?
[15:59] {thomcbell} aapl looks terrible
[16:00] {Alexs} have a good weekend
[16:00] {thomcbell} good weekend all