Monday, July 8, 2013

July 08 2013

Very slow, very boring but profitable day. All stops were well-controlled while winners have ranged from scalps to 1:3. Well, last one was saved by the bell so we had to take whooping 2 cents :)


Session Time: Fri Jul 05 00:00:00 2013
[09:13] {cipher} gm
[09:15] {+cc_9} Hello folks
[09:21] {Alexs} gm
[09:27] {ese} morning
[09:28] {ese} looks like everyone is taking a 4 day weekend
[09:31] {+cc_9} Scaling SSO
[09:31] {+cc_9} looking for 163+ SPY
[09:32] {ese} were you Long cc
[09:32] {ese} scaling in or out
[09:32] {+cc_9} Avg cost SSO 78.69
[09:33] {+cc_9} In
[09:33] {+cc_9} bot the SPY pullback after the NFP #s
[09:33] {+cc_9} 161.80 first support on any major pullback
[09:33] {ese} nice
[09:34] {ese} am waitin on aria am long there at .61
[09:34] {ese} uncharacteristic for me holding onto something
[09:43] {+cc_9} no direction yet
[09:43] {+cc_9} $0.20 seesaws
[09:44] {+cc_9} Would like to see a 162.45 bid break for reversal
[09:47] {+cc_9} here we go
[09:48] {+cc_9} BOOM
[09:49] {+cc_9} slight resistance 162.60 from 9:32
[09:50] {+cc_9} we break 162.60 should be good for a mean reversal
[09:53] {+cc_9} be careful guys, new data out
[09:53] {+cc_9} Jean Paul is a Saint as of today, could move markets
[09:59] {+cc_9} SPY intraday range for now : 161.12 bottom - 162.60 top
[10:02] {ese} have you totaly partialed out of spy yet cc
[10:04] {+cc_9} Yes, I scaled out my first entry, now scaling back in again
[10:04] {+cc_9} I always aim for $0.10 - $0.20 max on these trades
[10:07] {+cc_9} here we go again
[10:09] {ese} good on ya
[10:09] {ese} according to my chart it's bouncing off the 50 MA....should be up from here
[10:11] {ese} opps....no go....
[10:12] {ese} that effected my stock
[10:12] {+cc_9} slowly scaling, plenty time on the clock, not gonna crash today
[10:15] {+cc_9} adding on SPY here
[10:26] {+cc_9} full gap closed today, back to closing price on SPY from Wednesday
[10:26] {+cc_9} full sell-off since 9:50AM
[10:33] {+cc_9} lets see 162 on the tap again
[10:33] {+cc_9} i have a truck to unload
[10:34] {+cc_9} boom
[10:38] {+cc_9} 09:33 cc_9 161.80 first support on any major pullback
[10:38] {+cc_9} now working as resistance.
[10:42] {+cc_9} need VXX below 19.65
[10:44] {+cc_9} here we go, need to crack right here
[10:45] {+cc_9} still big wall...
[10:48] {+cc_9} 4th test 161.80, break already...
[10:50] {+cc_9} higher lows SPY, top still unchanged 161.80
[10:52] {+cc_9} 5th test 161.80, almost feels like algos are just set to sell that wall each time
[10:53] {+cc_9} no buyers yet
[10:57] {+cc_9} resistance broke, need a follow through
[10:58] {+cc_9} need to see some .90s
[10:58] {ese} keep up the great work here cc
[11:02] {+cc_9} unloading my massive truck
[11:02] {+cc_9} 9k SSO now 2k left
[11:02] {+cc_9} ill spam with info, for what it is worth :D
[11:06] {+cc_9} All out SSO
[11:25] {+cc_9} Although im all out, here comes the 162 break
[11:58] {+cc_9} boom boom boom
[11:58] {+cc_9} god damn i want that 9k SSO back
[12:04] {+cc_9} MAJOR bounce SPY, took some time, but got it!
[12:19] {+cc_9} Full blown reversal, im done for the day
[12:19] {+cc_9} you all have a great weekend!
Session Time: Sat Jul 06 00:00:00 2013

Session Start: Sat Jul 06 14:07:23 2013
Session Ident: #discussions
03[14:07] * Now talking in #discussions
Session Time: Sun Jul 07 00:00:00 2013
Session Time: Mon Jul 08 00:00:00 2013
[09:11] {dino} gm
[09:12] {bbobr} gm
01[09:12] {&Threei}  morning dino, bbobr
[09:18] {cipher} gm
[09:19] {Alexs} gm
01[09:19] {&Threei}  cipher, alex :)
[09:19] {ese} gm
01[09:19] {&Threei}  ese :)
[09:19] {ese} vad c alex dino
[09:19] {ese} bb
[09:20] {RonS} top 'o the day y'all
01[09:21] {&Threei}  ron :)
[09:21] {ese} ron
01[09:26] {&Threei}  long weekend didn't bring much relief to goldbugs
[09:29] {jdetente} good morning
01[09:29] {&Threei}  jd :)
01[09:29] {&Threei} Long Setup:  TZA  .60 break
01[09:30] {&Threei}  If holds  .55
[09:30] {nemo} Europe up huge we have a long way to run
01[09:30] {&Threei}  no go
[09:31] {nemo} they have to go get the stops above 164
01[09:34] {&Threei} Short Setup: FCX  .40 break
01[09:34] {&Threei}  If holds  .50
01[09:35] {&Threei}  stop to .46
01[09:36] {&Threei}  1:1
[09:37] {nemo} How much longer before FCX goes to the pink sheets?
01[09:37] {&Threei}  lol
01[09:37] {&Threei}  ugh... GDX
01[09:37] {&Threei}  thought of .60 break
[09:38] {Les} yo
01[09:38] {&Threei}  les :)
[09:38] {Les} hows this market moving today?=
01[09:38] {&Threei}  FCX, 1/4 more out
01[09:39] {&Threei}  today is 8 min old... kind of early to make judgement :)
01[09:39] {&Threei}  stop to.35
01[09:39] {&Threei}  .36 I mean
[09:39] {nemo} look who asked the question
01[09:40] {&Threei}  1:2, stop to .31
[09:41] {Les} well yous in a trade which tells me enough
[09:41] {nemo} ok, it's 11 minutes old...go ahead les
[09:41] {Les} dumbass
[09:42] {nemo} that's an accurate self-assessment
[09:42] {Les} GDX potential DB here
01[09:42] {&Threei}  no... new low
[09:42] {Les} y
[09:43] {Les} SLW too
01[09:43] {&Threei} Short Setup: GLD  119
01[09:43] {&Threei}  hl
01[09:43] {&Threei}  If holds  .10
01[09:44] {&Threei}  closed FCX last 1/4
01[09:45] {&Threei}  no go GLD
01[09:46] {&Threei} Short Setup: FB  .70 break
01[09:46] {&Threei}  If holds  .75
01[09:49] {&Threei}  meh
01[09:53] {&Threei} Short Setup: FCX  .20 break
01[09:53] {&Threei}  If holds  .25
01[10:00] {&Threei} Long Setup:  GDX  .28 break
01[10:01] {&Threei}  If holds  .18
03[10:06] * Retrieving #discussions modes...
01[10:06] {&Threei}  anyone's breathing?
[10:06] {jdetente} barely
[10:06] {jdetente} long weekend hehe
01[10:07] {&Threei}  I know
[10:12] {dino} line sm l .65
[10:13] {dino} out line .00, +.35
[10:14] {dino} heading out at 11 am, going to myrtle, golfing, back monday
01[10:16] {&Threei}  ese will be green of envy
[10:18] {dino} someday have to get him there
01[10:20] {&Threei}  out 1/2 GDX
01[10:22] {&Threei}  BBRY... too slow and narrow... otherwise, feels like can be shorted into oblivion
01[10:22] {&Threei}  non-stop slide
[10:23] {Les} no doubt some feel that the new operating system is STILL underappreciated and BBRY is a massive buy here
01[10:23] {&Threei}  of course
[10:23] {Les} doing a price check is so much easier
01[10:24] {&Threei}  eery big drop has those who operate in "i't smanipulation, it's a huge value we will prevail, stay strong" universe
01[10:24] {&Threei}  their chance of success is just a notch above attempt to staple water to the tree
01[10:26] {&Threei}  1:2, 1/4 MORE OUT
01[10:39] {&Threei}  if GDX breaks .55, will try for 1?4, with trail instead of partial
01[10:46] {&Threei}  stop .44 at this point
[10:48] {ese} am still here vad...calmly going about my business L aria .39 about 10am....just forgot to post it....have dozed off
[10:49] {ese} 10am eastern that is
01[10:49] {&Threei}  lol
01[10:49] {&Threei}  meanwhile dino came up with a plan to abduct you to Myrtile beach
01[10:50] {&Threei}  I am supposed to mic a sleeping pill in your vodka
[10:50] {RonS} ...but you missed it...
01[10:50] {&Threei}  lol
[10:50] {ese} awesome
[10:50] {ese} NOOOOOOOOOOOOOO!!!!!!!!!!!!!!!
[10:51] {Les} lol thought I saw a sleeping pill instead of viagra
[10:51] {Les} thought that was a bit harsh
[10:51] {ese} lol
01[10:52] {&Threei}  I can imagine how nemo's hands itch to write: "sleeping pill for one, viagra for another"
[10:52] {ese} do NOT!  give the man any ideas
01[11:03] {&Threei}  we have Ben s[eaking on Wed
01[11:04] {&Threei}  speaking too
[11:05] {ese} no...sleaking is probably a better word to describe him.....
[11:06] {ese} for example.........he'll be sleaking out of office very soon
[11:06] {ese} he sleaks to congress when he talks to them
01[11:06] {&Threei}  have you seen a list of his successor candidates?
[11:06] {Les} inverted cup and handle GDX?
[11:06] {ese} nah....perfect word to describe the man
01[11:07] {&Threei}  no read Les, too slow
[11:07] {ese} not sure that I want to.......but I hope is Arnold Swartzeneggar
[11:07] {Les} watching Arnie this morning as the terminator, first movie
01[11:07] {&Threei}  you wish
01[11:08] {&Threei}  train wreck
[11:08] {Les} you want him to rip someones heart out?
[11:08] {ese} yes
01[11:08] {&Threei}  Larry Summers for pete's sake
[11:08] {dino} ok, thats all for me. have a great week all. see you monday
[11:08] {Les} cheers
01[11:08] {&Threei}  have fun dino
[11:09] {ese} dahh....go ahead ...... criticize me......"make my day"
01[11:09] {&Threei}  that's Eastwood ese...
[11:09] {ese} out comes futurist weapon......and voila........no congressional finance hearing committee
01[11:10] {&Threei}  Arnold is rather "Hasta la vista baby"
[11:10] {ese} ok well....dirty Harry then.......same thing
01[11:10] {&Threei}  hehe
[11:13] {bbobr} I am not away
[11:14] {nemo} one can hope
01[11:14] {&Threei}  we didn't think so
01[11:25] {&Threei} Short Setup: GLD  .40 break hl
01[11:25] {&Threei}  .c .50
01[11:25] {&Threei}  If holds  .50
[11:35] {+cc_9} hi
01[11:36] {&Threei}  ok... I'll play
01[11:36] {&Threei}  morning
[11:36] {+cc_9} k
06[11:42] * Les slaps _dalvarado around a bit with a large trout
[11:43] {Les} someone worked out how to get in
[11:43] {Les} Nemo doing terrible job at the front door
01[11:44] {&Threei}  GLD is annoying
01[11:46] {&Threei} Long Setup:  TZA  .55 break
01[11:47] {&Threei}  If holds  .48
01[11:47] {&Threei}  (EU) ECB said to have seen some data which may indicate that inflation spike is not imminent, supporting its dovish stance - press
01[11:48] {&Threei}  die already GLD
01[11:48] {&Threei}  1:1
01[11:48] {&Threei}  half out
01[11:49] {&Threei}  took its sweet time... over 20 min
01[11:55] {&Threei}  1:1
[11:56] {ese} be back in 40....have to take stuff to the municipal yard
[11:57] {Les} yard sale?
[11:57] {nemo} he's dropping off the kids
[11:57] {Les} won't be cheap
[11:58] {Les} if only I could dump mine at cost
[12:07] {Les} little tza off here
01[12:08] {&Threei}  1:2
01[12:09] {&Threei}  huh... who would have sthought, shapes up as a decent day
[12:09] {Les} well that's what you get for thinking
[12:12] {Les} outta here thanks for the fish c u's tomorrow
[12:24] {RonS} nemo here?
[12:30] {nemo} no
[12:31] {RonS} didn't think so
[12:31] {RonS} buswk.co/1bimWQO
01[12:31] {&Threei}  that's sophisticated... I didn't think, period
[12:33] {nemo} better than sex
[12:40] {+cc_9} QCOM trying to reverse
[12:40] {+cc_9} also, good morning
01[12:40] {&Threei}  again??
01[13:07] {&Threei} Long Setup:  IWM  .30 break
01[13:07] {&Threei}  If holds  .25
01[13:07] {&Threei}  and if you are ready for a slowish one
[13:11] {nemo} http://bo.st/12dqUmU
01[14:18] {&Threei} Short Setup: CAT  83 break
01[14:18] {&Threei}  If holds  .05
[14:19] {Alexs} two-sided CAT?
01[14:20] {&Threei}  by chart yes... but long side doesn't appeal to me as much as short one
01[14:20] {&Threei}  feels like tiredness should take over
01[14:28] {&Threei}  still valid
01[14:29] {&Threei}  ideally, slight bounce now, staying under .05, then break of support
01[14:29] {&Threei}  would be a beautiful short swetup
01[14:42] {&Threei}  Invalidated
[14:49] {nemo} spy and finnies look short, but....weird day
[14:53] {jdetente} well nemo. VXX continues to slide. Still at lows of day
01[14:54] {&Threei}  yeah, shorting hasn't been fruitful really
[14:54] {nemo} yep
[14:54] {nemo} going into the 3:00 pm short squeeze
01[14:54] {&Threei}  looks like
[14:54] {nemo} was watching the pace pick up on the index etfs
01[15:12] {&Threei}  GDX breakdown... missed this one
01[15:12] {&Threei}  grrr
01[15:25] {&Threei} Short Setup: GLD  .50 break
[15:26] {Alexs} setup for tomorrow trade?
01[15:27] {&Threei}  why?
01[15:27] {&Threei}  enouhg time for today still
[15:28] {Alexs} looks like it won't trigger today to slow
01[15:28] {&Threei}  it just did :)
[15:28] {Alexs} lol
01[15:29] {&Threei}  but I understand the sentiment
01[15:29] {&Threei}  one of slowest days this year
[15:30] {Alexs} spy volume on July 3d level still
[15:34] {Alexs} stop .56?
01[15:34] {&Threei}  yeah, let's keep it tight
01[15:35] {&Threei}  don't want to give profits back
[15:46] {nemo} http://www.youtube.com/watch?v=eGimzB5QM1M
[15:49] {RonS} wow, Werner von Braun would be impressed...
[15:49] {nemo} that's very impressive
01[15:58] {&Threei}  ok... running out of time
01[15:58] {&Threei}  out + whole 2 cents
01[15:58] {&Threei}  thank you all, have a good evening
01[15:58] {&Threei}  see you tomorrow
[16:01] {bbobr} gn