Tuesday, August 20, 2013

Aug 20 2013

Nicely profitable day, not as spectacular as yesterday but hey, if your "another day in the office" is solidly green, you have no reason to complain, right? Last hour is not recorded due to room server outage but we had no trades on anyway.

Session Time: Tue Aug 20 00:00:00 2013
[08:01] {nemo} http://bit.ly/1anvabu
[09:21] {Alexs} gm
[09:22] {nemo} urbn
[09:22] {nemo} sorry
01[09:22] {&Threei}  alex :)
[09:22] {nemo} http://bit.ly/1anvabu
[09:25] {cipher} gm
01[09:25] {&Threei}  cipher :)
[09:26] {dino} gm
01[09:26] {&Threei}  dino :)
[09:29] {+cc_9} oh hey, NUGT is not cheap anymore :)
[09:29] {+cc_9} also, gm
01[09:29] {&Threei}  cc9 :)
[09:29] {nemo} 10:1 reverse split
[09:31] {dino} litb vsm l .64
[09:34] {nemo} bby looks short, but dramamine volatile
01[09:37] {&Threei} Short Setup: GDX  .50 break
01[09:37] {&Threei}  If holds  .55
01[09:38] {&Threei} Short Setup: GDX  .65 break
01[09:39] {&Threei}  change to .70 break
01[09:39] {&Threei}  If holds  .75
[09:39] {nemo} GDX giving you the old mesodactyl
01[09:40] {&Threei}  valid still
01[09:40] {&Threei}  with stop above high
01[09:43] {&Threei}  held by fingertips
01[09:44] {&Threei}  if loses .70 again should be done like a dinner after 3 hours in 400F oven
[09:44] {nemo} bitchin' about the wife's cooking again?
01[09:45] {&Threei} Short Setup: FCX  31 breeak
01[09:45] {&Threei}  If holds  .10
01[09:47] {&Threei}  stop to .76
01[09:47] {&Threei}  and FCX stop to .06
[09:49] {dino} ntls sm l .07 ave
01[09:50] {&Threei}  meh
01[09:54] {&Threei}  (*$%^)
01[09:54] {&Threei}  was watching C for short entry
01[09:55] {&Threei}  thing just died with no setup
01[09:55] {&Threei}  FCX another meh
01[09:55] {&Threei}  not delighted
01[09:58] {&Threei} Long Setup:  CAT  .80 break
01[09:58] {&Threei}  If holds  70
[09:59] {nemo} your gdx setting up short
01[10:00] {&Threei}  1:2
01[10:01] {&Threei}  CAT decided to skip 1:1, lol
[10:05] {dino} htwr sm l .82
01[10:06] {&Threei} Long Setup:  C  .10 break
01[10:06] {&Threei}  If holds  49
01[10:07] {&Threei}  1:1
[10:16] {dino} puk sm l .80
01[10:17] {&Threei} Long Setup:  BBY  .50 break hl
01[10:17] {&Threei}  If holds  .40
01[10:18] {&Threei}  lol
01[10:18] {&Threei}  1:1, and good luck getting that fill
01[10:23] {&Threei}  1:3... grrr
[10:29] {dino} puk stopp -.17
01[10:29] {&Threei}  I disliked that symbol from get-go
01[10:30] {&Threei}  what good can come out of PUK
[10:30] {nemo} I can think of some people I wouldn't mind puking on
01[10:30] {&Threei} Long Setup:  C  .85 break
01[10:30] {&Threei}  If holds  .80
[10:32] {dino} none
[10:36] {dino} rnet spike
01[10:40] {&Threei}  US Navy confirms explosion, fire in building at weapons station in NJ; injured taken to hospital
06[10:41] * &Threei kicks C in the rear
01[10:43] {&Threei}  A 21 year old Bank of America intern in London died after working 72 straight hours
01[10:43] {&Threei}  interns these days...
[10:44] {dino} rnet sm s .55 wide, pulp
[10:47] {dino} out ntls .48, +.40
01[10:48] {&Threei}  wtg
[10:49] {Alexs} C looks short now
[10:49] {dino} ty
01[10:49] {&Threei}  my latest thought on it alex... if it stops, let's try and reverse
[10:49] {nemo} short to where though, lotsa support into .75
[10:50] {nemo} spy not at the 50 day yet
01[10:52] {&Threei} Short Setup: C  .80 break
06[10:56] * &Threei inserts toothpicks under his eyelids
01[11:00] {&Threei}  if SPY takes .70, slow climb is likely to resume
01[11:00] {&Threei}  in which case original C call remains on track
01[11:01] {&Threei}  short is invalidated
[11:01] {nemo} they'll want to reclaim the 50 day and hold it, but we'll see when Europe closes
[11:08] {dino} mkto drop
01[11:08] {&Threei}  will we get 1:2?
01[11:09] {&Threei}  yes
[11:10] {dino} out litb .14, +.50
01[11:12] {&Threei}  wtg
01[11:13] {&Threei}  ok C... give us 1:3
[11:14] {dino} ty
[11:17] {dino} bhp drop
[11:18] {Alexs} still holding last piece Vad?
01[11:19] {&Threei}  yes
01[11:19] {&Threei}  going by the book
[11:19] {Alexs} ok
01[11:20] {&Threei}  it helps defend my laziness against the assault of creative impulses
[11:20] {Alexs} good for you lol
01[11:21] {&Threei}  I feel proud every time laziness wins
01[11:21] {&Threei}  one small step for humanity...
01[11:22] {&Threei}  1:3 baby
[11:23] {robbers} Out in full, thanks Vad.
01[11:23] {&Threei}  yw
[11:23] {dino} gj
01[11:24] {&Threei}  ty'
01[11:24] {&Threei}  1:4 eh
[11:32] {nemo} too funny spy right up against the 50 day
[11:32] {dino} litb hl l .55
[11:47] {nemo} well, this looks like one of those V bottoms
[11:47] {nemo} that was the pullback
[11:58] {dino} cov rnet .40, +.15, things all over the place
01[11:59] {&Threei}  German Finance Minister Schaeuble admitted that Greece would probably need another bailout package
01[11:59] {&Threei}  awww... I suggested that bet just yesterday
01[12:00] {&Threei}  [09:28] {&Threei} - German Chancellor Merkel and Fin Min Schaeuble reiterate view that there would be no additional haircut on Greek debt
01[12:00] {&Threei}  [09:28] {&Threei} I'll take the other side of that bet
01[12:00] {&Threei}  doesn't take long for herr Schaeuble to change his mind, does it
01[12:01] {&Threei}  with this kind of flexibility he might make a good pole dancer
[12:02] {dino} yuk
01[12:02] {&Threei}  well, some kind of surgery might have to take place first
[12:23] {dino} out litb .79, +.24
01[13:04] {&Threei}  can we have out C back?
01[13:05] {&Threei}  can you believe we got it full dollar lower?
01[13:06] {&Threei}  looking at the chart though, perfect entry... right at the reversal off the low
01[13:13] {&Threei} Long Setup:  WMT  .40 break
01[13:13] {&Threei}  If holds  .35
[13:15] {dino} away drop
[13:15] {dino} sm l .80
[13:19] {dino} stop to .00
[13:22] {dino} out .01, +.21
[13:24] {dino} fwm spike
[13:26] {Alexs} jcp long .10?
[13:31] {Alexs} bby long .80?
01[13:35] {&Threei}  BBY, maybe
01[13:36] {&Threei}  don't push Alex
01[13:36] {&Threei}  anxiety to trade during midday summer doldrums is not a good thing
[13:37] {Alexs} ok
[13:37] {nemo} vodka
01[13:37] {&Threei}  or very compelling setup
[13:38] {nemo} you see a compelling setup?
[13:38] {nemo} well?
01[13:38] {&Threei}  if I did I would call it
[13:38] {nemo} then.....?
01[13:38] {&Threei}  ok... vodka
[13:38] {nemo} thank you
01[13:38] {&Threei}  just trying to list the options
01[13:39] {&Threei}  see what BBY did?
[13:39] {nemo} trying to make him think?
[13:39] {nemo} wtf...
01[13:39] {&Threei}  this is typical action of these breakouts during this time of the day
01[13:39] {&Threei}  ditto JCP
[13:39] {nemo} yeah, markt bully takes your lunch money
[13:40] {nemo} one could argue spy short here
[13:43] {dino} lulu drop
01[13:44] {&Threei}  Lululemon athletica inc Hearing ITG makes cautious comments
01[13:45] {&Threei}  SRPT Hearing strength attributed to CEO buying 5K additional shares
01[13:45] {&Threei}  big spender, he is
[13:46] {dino} wtf lulu, missed at .35, hit .36 3x
[13:53] {+cc_9} wtf lulu
[13:53] {+cc_9} i just now see what dino alerted
[13:53] {+cc_9} sob
[13:53] {+cc_9} Dino, next time say it louder pls
[13:53] {+cc_9} cant keep missing these freebies
[13:55] {nemo} Fed tomorrow, so we'll have an hour of trading, 4 hours of boredom 15 minutes of cha cha cha, and then hopefully something tradeable till the close
[13:56] {dino} will do cc9
[13:59] {nemo} interesting retweet.  CLaudia Ochoa praising the "Pivot Boss'" foundation course.  His name happens to be Frank Ochoa...conflict of interest?
[14:02] {+cc_9} any news on that LULU ?
[14:09] {dino} see above cc
[14:16] {nemo} even bunny is bored...
[14:16] {nemo} all stretched out, head on ground, looking quite forlorn
[14:17] {dino} bobe spike
[14:18] {dino} partial fill s .26
01[14:37] {&Threei} Short Setup: SRPT  33 break hl
01[14:38] {&Threei}  If holds  .10
01[14:40] {&Threei}  1:1
[14:41] {robbers} Nice call.
01[14:41] {&Threei}  :)
01[14:44] {&Threei}  1:2
01[14:45] {&Threei}  I like as soon as it takes another level, bid plummets to the next one
01[14:45] {&Threei}  must be very disconcerting for the longs
01[14:46] {&Threei}  and I really like it when the trade feels disconcerting to those who are on the opposite side from me...
01[14:46] {&Threei}  must be too much time conversing with nemo
[14:47] {nemo} :-) spy can't get below the 50 day
01[14:49] {&Threei}  [14:47] {nemo} I am proud of you. All my teaching of how to inflict most pain and suffering really fell on the very fertile soil
01[14:50] {&Threei}  see how nemo doesn't deny authorship even though I faked his quote?
[14:50] {nemo} It's like I tell people when I'm fixing them.  I'm much better at taking a body apart, and enjoy it much more, than I am at putting it back together
[14:50] {dino} perhaps nemo made you write that
01[14:50] {&Threei}  :)
[14:51] {nemo} yeah, the grammar fart gave it away
01[14:51] {&Threei}  since recently I started calling this little green man appearing on my shoulder after 5th shot of vodka "nemo"
[14:52] {robbers} You must see him often.
01[14:52] {&Threei}  this room is where rammer comes to die
[14:52] {nemo} It's an affront that I pear as such an affable color
01[14:52] {&Threei}  grammar
[14:52] {nemo} and speling
01[14:54] {&Threei}  although I have to admit Twitter is a strong competitor
01[14:54] {&Threei}  and Facebook...
02[14:54] * Disconnected
Session Close: Tue Aug 20 14:54:42 2013