Monday, September 23, 2013

Sept 23 2013

Calm and solidly profitable day, with evenly paced trades slowly making their way to 1:2 targets.


Session Time: Mon Sep 23 00:00:00 2013
[08:41] {nemo} "A bikini is not a bikini unless it can be pulled through a wedding ring.
[09:07] {dino} gm
01[09:07] {&Threei}  morning dino
[09:09] {nemo} http://bit.ly/17Wh2CO
[09:10] {dino} .
01[09:11] {&Threei}  ..
[09:11] {nemo} so the drug gangs are upping the firepower in Chicago
01[09:15] {&Threei}  canons?
[09:16] {nemo} AK
[09:18] {Will49} gm
01[09:18] {&Threei}  will :)
[09:20] {dino} ironic as thats obummers town
[09:20] {jdetente} morning all
01[09:20] {&Threei}  not surprising though
01[09:20] {&Threei}  jd :)
[09:20] {nemo} gang drug wars
[09:21] {nemo} that's what they never tell you
[09:21] {nemo} they just say another shooting
[09:21] {nemo} but it's about drug turf there
[09:22] {ese} gm
[09:22] {RonS} gm
01[09:22] {&Threei}  ese, ron :)
[09:23] {drewj} gm
01[09:24] {&Threei}  drew :)
[09:24] {ese} will and I  had to shoot our into vads place last time ....he wasn't going to let us into thw shiskabob party.....serious violence oer that one
[09:25] {cipher} gm
[09:25] {ese} c
[09:25] {Will49} I'm still nursing my wounds
01[09:25] {&Threei}  cipher :)
[09:26] {Will49} oh no...that was from the vodka
[09:26] {nemo} I've got to give up that JD Honey myself
[09:26] {+cc_9} Good morning folks
[09:26] {Will49} JD=Mother's milk
01[09:26] {&Threei}  cc9 :)
[09:27] {ese} lol
[09:27] {nemo} yeah, but it goes down so damn easily...one minute there's a full bottle, next thing I know I've killed almost 2 liters
01[09:28] {&Threei}  2 deer and 1 bear
[09:28] {nemo} ?
01[09:28] {&Threei}  next thing I know I've killed almost 2 liters...
01[09:28] {&Threei}  2 deer and 1 bear
[09:28] {nemo} sorry I don't see the connection
01[09:28] {&Threei}  just finishing your sentence
[09:28] {ese} lol
[09:28] {Alexs} gm
01[09:28] {&Threei}  alex :)
01[09:31] {&Threei} Short Setup: C  50 break hl
01[09:31] {&Threei}  If holds  .10
01[09:32] {&Threei}  1:1
[09:35] {+cc_9} JPM @ lowest pps since 09/06
01[09:36] {&Threei}  1:2 close enough
[09:37] {+cc_9} GDX poking its head out, 25.80 is trigger
01[09:37] {&Threei} Short Setup: GLD  .40 break
01[09:38] {&Threei}  Invalidated
[09:39] {+cc_9} Long GDX 25.80
[09:39] {+cc_9} s/l 25.45
[09:41] {+cc_9} BBRY slow turn around
01[09:41] {&Threei}  scary to touch with 10 ft pole
01[09:41] {&Threei}  this dog won't bark again
[09:42] {+cc_9} Not if you're long @ 8.30
[09:42] {RonS} rbc came w/ $2 target
01[09:42] {&Threei}  you run a risk of halt any moment
[09:42] {jdetente} cc likes to live on the edge
01[09:42] {&Threei}  news coming fast and furious on this one, and one of them will the the last
01[09:43] {&Threei}  RBC is wrong... if it goes to $2, it goes to zero
[09:43] {+cc_9} GDX catching some bids
[09:43] {+cc_9} http://rt.com/on-air/kenya-mall-attack-police/
[09:45] {nemo} index bounce setups forming
01[09:49] {&Threei} Long Setup:  TZA  .06 break
[09:49] {nemo} .10 area spy .36 area IWM .25-.30 area FAS
01[09:49] {&Threei}  If holds  23
[09:50] {+cc_9} Keep an eye on QCOR if it takes Friday's lows
[09:51] {nemo} srpt hit resistance at Friday high
[09:51] {+cc_9} SRPT tough one to short (HTB)
01[09:51] {&Threei}  TZA valid
[09:52] {nemo} watch .36 area IWM
01[09:53] {&Threei} Short Setup: GDX  .70 break
01[09:53] {&Threei}  If holds  .80
[09:54] {nemo} gmcr very weak, at 50 day
01[09:56] {&Threei}  Invalidated  GDX
[09:56] {+cc_9} GDX so far so good, new session highs
[09:56] {+cc_9} SPY no bottom yet
[09:58] {+cc_9} GMCR should be a decent trade if ti can break 81.60
[09:58] {nemo} SPY at WS1 IWM at weekly pivot, finnies still a tad above support
[10:01] {+cc_9} GMCr catching some .30s bids
[10:02] {+cc_9} GMCR long light 81.4
[10:03] {nemo} P looks short
[10:04] {+cc_9} SPY fresh lows
[10:04] {nemo} damn close to the gap
[10:05] {+cc_9} $170 test
01[10:05] {&Threei} Short Setup: C  .70 break
01[10:05] {&Threei}  If holds  .80
[10:06] {cipher} SPY headed below 170
[10:07] {dino} target?
01[10:08] {&Threei}  oh btw
01[10:08] {&Threei}  {dptl} thanx and say hi to everyone for me.... see ya soon :)
[10:10] {+cc_9} Long SPY here 170.00
01[10:11] {&Threei}  let's scratch TZA
01[10:12] {&Threei}  not clear anymore
[10:12] {+cc_9} GMCR slight consolidation, any market reversal should give it a push back over $82
[10:12] {cipher} spy bounce around 169.70 -ish
[10:13] {cipher} short SPY here
[10:13] {+cc_9} SPY gap from 9./13 is @ about 169.50. But I doubt we visit that area
[10:14] {cipher} me neither
[10:14] {cipher} at least not in the am
01[10:15] {&Threei}  trail c to .76
[10:15] {+cc_9} GMCR failure back under 81, ugh
[10:16] {cipher} XOOM DROP
[10:17] {+cc_9} SPY tgt 170.40
01[10:19] {&Threei}  meh
[10:20] {jdetente} I got booted off my internet connection. TZA still on the table right?
[10:21] {Alexs} no jd closed at be
[10:21] {jdetente} ok thx
[10:22] {+cc_9} GMCR, the pain train is leaving the station
[10:24] {nemo} gmcr at 50 day
[10:25] {RonS} Jeff Beck playing and Rod Stewart singing "People Get Ready"?
01[10:25] {&Threei} Short Setup: GLD  .90 break
01[10:26] {&Threei}  If holds  128
01[10:26] {&Threei}  will trail to .96 after .85 break
01[10:26] {&Threei}  trail
[10:28] {cipher} SPY new low coming
[10:29] {cipher} NDLS dumping
[10:29] {jdetente} TZA blah
[10:30] {cipher} ndls l.26
[10:30] {+cc_9} GDX back to 25.80
[10:30] {+cc_9} GMCR still flushing ugh
[10:31] {+cc_9} GDX .90s, well at least something is working
[10:31] {nemo} so many stops just dripping like frickin' chinese water torture
[10:33] {+cc_9} SPY/GDX on cruise control, GMCR turning into a death trap
[10:33] {nemo} ebay may setup short between .80 and the whole
[10:33] {dino} out sds calls +.41/45%
[10:37] {+cc_9} GMCR come on doggie, get your sh* together
[10:39] {+cc_9} GMCR some bids at last
01[10:39] {&Threei}  what was that on GLD
01[10:39] {&Threei}  no news
[10:42] {+cc_9} out GDX 26.00 from 25.80
[10:43] {RonS} DATA interrupted
[10:43] {nemo} finnies holding the 50 day
[10:44] {dino} data blood
[10:44] {fish_49} Ron  who do you use as a broker?
[10:44] {nemo} ebay may be double topping at vwap here
[10:45] {nemo} .75 would be trigger
[10:45] {RonS} can't say fish...always upsets 3i...
[10:46] {nemo} E. F. Hutton
[10:46] {+cc_9} GMCR needs some .20 bids here
[10:46] {fish_49} lol
[10:46] {+cc_9} SPY doing absolutely nothing here
01[10:47] {&Threei}  lol
[10:47] {nemo} can see those shitty commercials running through my head
01[10:47] {&Threei} Long Setup:  FAZ  .80 break
[10:47] {nemo} iwm at lows
[10:47] {cipher} out ndls .09 +.83
[10:47] {RonS} health care providers under pressure again  aet wlp
[10:48] {nemo} ebay triggered
01[10:48] {&Threei}  wtg cipher
[10:48] {RonS} gj cipher
[10:48] {+cc_9} GMCR same pattern now as the one from 9:54 to 10:10
[10:48] {cipher} ty
[10:49] {nemo} ffiv may test the whole, interested Vad?
01[10:49] {&Threei}  .c .70
[10:50] {nemo} selling pressure abating on the algo
01[10:50] {&Threei}  If holds  .70
01[10:50] {&Threei}  FFIV, no... unmanageable risk
[10:51] {nemo} oh, ebay drops .65 gnite
[10:51] {cipher} SPY finally
[10:51] {cipher} akam s.47
[10:51] {nemo} SPY be a good girl
[10:52] {Will49} luck be a lady tonight
[10:52] {nemo} no, GO DOWN!
[10:52] {Will49} lol
[10:52] {jdetente} freakin tza
[10:53] {+cc_9} GMCR back to session lows, ditto SPY
[10:53] {cipher} here we go SPY
[10:54] {cipher} still short
[10:55] {dino} damn sold the sds calls too soon
[10:55] {RonS} charade:  President Obama to push UN to increase pressure on Syria to surrender chemical weapons
[10:55] {cipher} covering SPY shorts here
[10:55] {cipher} reversing soon
01[10:55] {&Threei}  1:1
01[10:56] {&Threei}  farce, Ron
[10:58] {+cc_9} whoa, i was wrong about SPY not wanting that gap close 169.50
[10:59] {dino} 167.72 next gap
[11:00] {+cc_9} GMCR 10:56 vol could mark intraday bottom. $5.50 range.
[11:00] {cipher} SPY gonna bounce here
[11:01] {cipher} REGN l.48
[11:02] {dino} partial fill bofi l .10
[11:03] {nemo} P can't bounce
[11:03] {Will49} will off a hard surface
[11:03] {nemo} bbry support at 0
[11:05] {jdetente} haha
01[11:06] {&Threei}  for some weird reason, Techniques of Tape Reading has sold 10x copies in first 6 months of 2013 vs usual
[11:06] {fish_49} why weird  it was a good book
[11:06] {nemo} makes a great door stop
[11:06] {+cc_9} GMCR, any news I'm missing here ?
01[11:07] {&Threei}  well, it was just as good book in 2012, 2011 etc :)
[11:07] {nemo} this is quarterly vwap right here on gmcr
01[11:07] {&Threei}  why 10 times increase
[11:07] {nemo} home construction is up
[11:07] {fish_49} economy bad Vad more people trying to Day trade?  lol
[11:07] {Will49} only sold 1 in 2012
06[11:08] * &Threei slaps nemo around a bit with a reminder: author equals insult of his book to insult of his children
[11:08] {nemo} your daughter is cute
[11:08] {Alexs} now more people consider this book as a fiction
06[11:08] * &Threei slants at Will
[11:09] {Will49} I bought it Vad...don't slant at me
[11:10] {Will49} is the word slant another term for waterboarding?
01[11:10] {&Threei}  it's a prelude
[11:10] {jdetente} prelude eh?
01[11:10] {&Threei}  and it keeps options open, between waterboarding, clubbing...
[11:10] {Will49} a Japanese car
[11:12] {+cc_9} SPY full gap closed....
[11:12] {nemo} this is s2 on the daily in spy s3 on finnies
[11:13] {nemo} within the proverbial hair in finnies
01[11:13] {&Threei}  1:2
[11:14] {+cc_9} SSO vol spike
[11:14] {cipher} regn L 292.75
[11:14] {nemo} not in iwm or spy or fas though
[11:14] {dino} vmw sm l .65
[11:15] {nemo} or xlf
[11:15] {nemo} gdx double top?
[11:15] {nemo} yeah, looks it
[11:16] {cipher} SSO l.20
01[11:16] {&Threei}  or C&H in the making
[11:18] {+cc_9} GMCR dipping in second scale 78.75. New cost 79.86. Married till 81
[11:19] {dino} out vmw .99, +.34
[11:19] {+cc_9} Keeping an eye on YELP
[11:19] {+cc_9} under a lot of pressure today, no reversal since the open, straight down
[11:20] {+cc_9} NFLX $20.00 range today
[11:21] {nemo} vmw got a date with  83ish
[11:21] {+cc_9} GMCR, one step forward, 10 back
[11:22] {+cc_9} bounce to $79, bid back to 78.15
[11:22] {cipher} conn s .57
[11:22] {nemo} wow is that stretched
[11:23] {+cc_9} almost feels like the same seller on GMCR is also on YELP
[11:24] {+cc_9} GMCR { $78 wow...
[11:25] {Will49} no school today?
[11:28] {+cc_9} GMCR not a single 15min green candle today, 2 hours into the open.
[11:35] {cipher} out REGN 294.92 +2.17
[11:35] {Will49} excellent
[11:36] {cipher} a bit too soon
[11:37] {cipher} conn dump
[11:38] {cipher} conn l .98
[11:38] {cipher} spy target 60-ish
[11:38] {cipher} sorry SSO
[11:39] {dino} gj cipher
[11:39] {+cc_9} SPY bounce, GMCR @ lows
[11:40] {Will49} out FAZ...tks Vad
01[11:40] {&Threei}  :)
[11:45] {+cc_9} GMCR -8% new lows every 15mins
01[11:50] {&Threei}  frikin FAZ
01[11:51] {&Threei}  how about this "kitty" I had a chance to photograph recently: http://goo.gl/1SLZqd
[11:51] {cipher} gmcr bids
[11:51] {nemo} is that your daughter's cat?
01[11:51] {&Threei}  this is African Serval, you doofoos
[11:52] {fish_49} new name in the room
[11:52] {fish_49} doooofoos
01[11:53] {&Threei}  you can add oo's at your discretion
[11:53] {RonS} request to play foosball?  doofoos?
01[11:54] {&Threei}  the name's Ramses
[11:54] {nemo} wasn't that the name of a condom?
01[11:54] {&Threei}  no idea
[11:55] {jdetente} yes
[11:55] {jdetente} the joke being of course that Ramses had hundreds of children
01[11:55] {&Threei}  there is vidfeo on youtibe of this cat being driven through Vancover in Lamborgini
[11:56] {dino} pru sm l .85
[11:56] {Will49} condom story
[11:56] {Will49} when I was 18, need some condoms, went into a drug store
[11:57] {Will49} two 18-19 year old girls behind the counter
[11:57] {+cc_9} GMCR, surprised that dip buyers are still not stepping in. Stock trading its entire avg daily volume already
01[11:57] {&Threei}  and ther he was, Ramses
[11:57] {Will49} in those days condoms were kept behind counter
[11:57] {Will49} i said..gimme a package of ramses please
[11:57] {+cc_9} GMCR 78 attempt
[11:57] {Will49} vacant look on both faces
[11:58] {Will49}  girls start looking around behind counter
[11:58] {Will49} after about 5 min one girls blurts out
[11:58] {Will49} oh, I know what he wants...throat lozenges!
[11:58] {+cc_9} GMCR some 78.20 bids now
[11:59] {Will49} I fled the store empty handed
[11:59] {cipher} scalped GMCR out .20 +.91
[11:59] {cipher} thx cc9
[11:59] {+cc_9} good job cipher
01[11:59] {&Threei}  lol
[11:59] {fish_49} scalp?
[11:59] {cipher} yes fish
[11:59] {cipher} my type of scalp
[11:59] {fish_49} sounds more like a swing trade  lol  good job Cipher
[12:00] {+cc_9} im going to baby sit until $80+
01[12:00] {&Threei} Long Setup:  WMT  .25 break hl
01[12:00] {&Threei}  If holds  .15
[12:03] {+cc_9} GMCR can't even get through 78.50 blah
[12:05] {fish_49} gotta run
[12:06] {fish_49} have a great afternoon all
[12:06] {jdetente} see ya fish
01[12:07] {&Threei}  take care fish
[12:10] {cipher} SSO target
[12:10] {cipher} out SPY longs
[12:11] {cipher} IPGP l.15
01[12:12] {&Threei}  stop .19 if you haven't taken any off the table, .24 if you have
[12:14] {cipher} IPGP stop .18 +.03
[12:14] {Alexs} you partialed WMT already?
[12:16] {dino} xoom hl l .49
01[12:16] {&Threei}  missed it at .34
01[12:16] {&Threei}  but I would if I wre awake at the moment
[12:17] {Alexs} why , it still looks good
[12:18] {cipher} SHPG l..06
01[12:18] {&Threei}  yes
01[12:18] {&Threei}  but being half cent of 1:1, why not take partial
01[12:18] {&Threei}  lunch time
[12:19] {nemo} hey dino, vmw looks ready to come in again, vwap at .60ish
[12:19] {dino} on my screen
[12:24] {nemo} http://www.videb.com/video/185/
[12:28] {+cc_9} GMCr another leg up
[12:28] {+cc_9} last time had trouble 78.40, another attempt here
[12:29] {+cc_9} GMCr, come on baby push, this is no time to slack
[12:30] {cipher} out SHPG .36 +.30
[12:30] {+cc_9} GMCR 78.50 offer
[12:31] {+cc_9} here we go, at last
[12:31] {+cc_9} 15min looking a tad better
[12:34] {cipher} conn getting ready
[12:34] {cipher} conn l .06
01[12:35] {&Threei}  hald out
[12:35] {+cc_9} GMCR come on now,
[12:38] {+cc_9} GMCR at last!
[12:38] {Alexs} wmt 1:1 finaly
[12:39] {+cc_9} GMCR closing in on $79 :D
[12:39] {+cc_9} rollercoaster trade
[12:41] {jdetente} how many diaper changes?
[12:41] {+cc_9} none, going raw on the chair
[12:43] {+cc_9} } $79.00 come on
[12:43] {+cc_9} lets get some teens here
[12:49] {+cc_9} i swear its like they can see my offer sitting at 79.15...
[12:49] {+cc_9} goes to .11 and drops back on bid
[12:49] {+cc_9} take my .15 !
[12:50] {+cc_9} ok thank you!
[12:50] {+cc_9} } $79.20, unloading
[12:50] {cipher} out CONN .34 +.28
[12:53] {+cc_9} All out GMCR, last batch 79.41
[12:54] {cipher} CONN l.40
[12:56] {+cc_9} GMCR im going to regret having made money
[12:57] {cipher} out CONN .69 +.29
[12:58] {dino} gj
[13:09] {dino} out xoom ave .87 +.39
[13:11] {dino} cste crazy
[13:11] {dino} out pru .20, +.35
[13:12] {cipher} infi s .00
[13:17] {cipher} stopped .98 +.02
[13:26] {cipher} conn s .22
[13:27] {cipher} stopped .24 -.02
[13:28] {RonS} hey, i thought you were supposed to make money on your stops...
01[13:28] {&Threei}  lol
[13:28] {cipher} lol
01[13:28] {&Threei}  drew, how are you doing?
[13:31] {Alexs} bbry halted
01[13:32] {&Threei}  BlackBerry Enters into LOI with Consortium led by Fairfax Financial (holds 10% stake) to be acquired for $9/shr in cash; total deal valued approx $4.7B
01[13:32] {&Threei}  told ya, takeunder
01[13:32] {&Threei}  majority of holders have it way way higher
[13:32] {cipher} INFI l .02
[14:14] {Alexs} looks like $9 for bbry is still a very good price
[14:14] {nemo} 0 is too expensive
[14:19] {+cc_9} ok back
[14:19] {+cc_9} GMCR $81.00 ???? nooooooooooooooooooo
[14:23] {nemo} awwww. Mr. Bill
[14:23] {nemo} gmcr bounce here
[14:25] {jdetente} oh no Mr. Bill
[14:26] {dino} afternoons are still dead
[14:29] {+cc_9} hope someone caught YELP
[14:33] {+cc_9} oh yea, i also see BBRY spiked earlier :D
[14:34] {nemo} fb bounce territory
01[14:44] {&Threei} Long Setup:  FB  .10 break
01[14:45] {&Threei}  If holds  47
[14:51] {jdetente} there was 1:1
01[14:51] {&Threei}  1:1 :)
01[14:52] {&Threei}  babies are candiless today again
[14:55] {robbers} Out half at .29
01[14:56] {&Threei}  :)
[15:21] {nemo} aapl is holding up the market today
01[15:28] {&Threei} Long Setup:  GLD  .70 break
01[15:28] {&Threei}  If holds  .60
[15:35] {dino} wcg spike
[15:37] {RonS} got nothing wcg
[15:37] {dino} sm s .54
[15:38] {dino} stop .84
[15:38] {nemo} ow
[15:40] {dino} short .00 break
[15:42] {nemo} gdx
[15:43] {dino} cov wcg .54, +.44
01[15:43] {&Threei}  drew, you here?
01[15:43] {&Threei}  wtg dino
[15:43] {dino} ty
[15:50] {Will49} Interesting day Vad...tks for the calls
[15:50] {Alexs} Vad remind me please that tech analysis book
[15:50] {nemo} Magee
[15:51] {nemo} http://amzn.to/19ukRhM
[15:52] {Alexs} ty nemo
01[15:52] {&Threei}  yup
[15:52] {nemo} don't ask me to share anymore
01[15:52] {&Threei}  thank you all
01[15:52] {&Threei}  have a great evening, see you tomorrow
[15:52] {Alexs} lol
[15:52] {jdetente} thanks Vad. See ya guys manana
[15:54] {dino} wcg again