Wednesday, November 6, 2013

Nov 06 2013

Annoying back-and-forth week continues with slightly down day. Some trades worked nicely, more didn't. Market change is in the air probably, takes time for us to readjust.


Session Start: Wed Nov 06 04:38:00 2013

[09:50] {thomcbell} yo
[09:50] {goinshort} gm all
[09:51] {nemo} bummer...so much for my alter ego
01[09:51] {&Threei}  mnorninggs
[09:51] {Will49} that's better
01[09:51] {&Threei}  you never got e-mail about using reserve room?
[09:51] {+cc_9} #first
01[09:52] {&Threei} Short Setup: JPM  52 break
01[09:52] {&Threei}  If holds  .10
01[09:54] {&Threei}  Invalidated
[09:54] {+cc_9} FB another drop
[09:54] {nemo} market in grind up mode
[09:54] {Alexs} triggered actually
[09:56] {+cc_9} GDX lows
01[09:57] {&Threei}  ?
01[09:57] {&Threei}  it never lost 52 bid
01[09:57] {&Threei}  there was a print below the market
[09:57] {Alexs} 9:41, 9:42 twice
01[09:57] {&Threei}  you wacvthed Level 2?
[09:58] {Alexs} yup
01[09:58] {&Threei}  52 never went away
[09:58] {dino} cbl drop
[09:59] {thomcbell} ebay - spiking icahn may announce stake
[09:59] {dino} cbl sm l .28
01[09:59] {&Threei}  I am not sure your quotes are adequate alex...
01[10:00] {&Threei}  I sat with finger on a trigger waiting for bid break, it didn't
01[10:00] {&Threei}  *(US) SEPT LEADING INDEX: 0.7% V 0.6%E
01[10:01] {&Threei}  SRPT Hearing vague takeover chatter circulating- GSK speculated as possible suitor
01[10:01] {&Threei}  dino, ron, cc9
01[10:01] {&Threei}  your client
01[10:02] {&Threei} Short Setup: MCD  .95 break
01[10:02] {&Threei}  If holds  98
[10:02] {+cc_9} FB / YHOO tanking
[10:06] {thomcbell} raising money for twtr
01[10:06] {&Threei}  meh
[10:08] {nemo} cog and cree at their 200 day averages
[10:08] {+cc_9} YHOO cash cow baby
01[10:09] {&Threei} Short Setup: FB  .80 break
01[10:09] {&Threei}  If holds  .90
01[10:10] {&Threei}  Invalidated
[10:11] {nemo} mos could be interesting today, got a big gap area with which it has been flirting (notice no dangling preposition)
[10:12] {Will49} grammar police appreciate
[10:12] {nemo} I would think, they must be exhausted dealing with Vad's spelling
[10:12] {Will49} lol
[10:12] {+cc_9} YHOO : close your eyes and buy under $33.00, set a limit for $0.10. Wash rinse repeat
[10:13] {nemo} fb near vwap, if it's gonna' be weak today it won't get above
[10:14] {+cc_9} SPY coming down a bit
[10:14] {nemo} omg...look at spy volume...nada..zip...zed...null...nunca...zilch
[10:14] {+cc_9} IWM ultra weak vs SPY today
[10:15] {Will49} diddly
01[10:15] {&Threei}  diddly squat
[10:15] {nemo} ultra?
[10:15] {Will49} of course
01[10:15] {&Threei}  SRPT down a buck
[10:15] {Will49} i'm in word conservation mode
01[10:15] {&Threei}  anyone tried?
[10:15] {+cc_9} Twitter has never made a dollar, on the contrary, its bleeding it
[10:16] {+cc_9} "Twitter is the hottest IPO this year"
[10:16] {+cc_9} lol
[10:16] {+cc_9} "I sure hope you guys don't do this" George Costanza
[10:17] {+cc_9} SPY dumping
[10:17] {nemo} not that there's anything wrong with that...
[10:17] {+cc_9} IWM approaching negative territory
[10:18] {nemo} this is yesterday's pivot
[10:18] {nemo} spy at vwap
[10:18] {nemo} finnies at yesterday's pivot and vwap
[10:18] {dino} meli sm l .87
[10:19] {dino} out meli .41, +.54
[10:20] {Will49} quick and sweet
[10:21] {dino} yy drop
01[10:22] {&Threei} Long Setup:  FB  .90 break
01[10:22] {&Threei}  If holds  .85
[10:22] {nemo} it double topped under vwap
[10:23] {nemo} two way imo
[10:23] {dino} out cbl .58, +.30
01[10:23] {&Threei}  another meh
01[10:23] {&Threei}  this whole week with low volume is more random than usual
[10:23] {dino} yy gap fill
[10:24] {dino} sm l .98
[10:24] {nemo} http://bit.ly/1aafAMS
[10:26] {dino} out yy .39, +.41
[10:26] {nemo} funny to see tsla on the uptick rule
01[10:26] {&Threei} Long Setup:  ORCL  34 break
01[10:26] {&Threei}  If holds  .95
[10:27] {nemo} strong and weak:  http://bit.ly/15602Xv
[10:28] {dino} trla gap fill
[10:28] {dino} yy drop
[10:29] {nemo} wow ctxs
[10:29] {nemo} look at that daily
[10:30] {Alexs} orcl two sided?
01[10:31] {&Threei}  with this SPY drop, probably...
[10:31] {+cc_9} SPY freefall
01[10:31] {&Threei}  but trend hasn't really broken on it yet
[10:31] {nemo} tad melodramatic there cc
[10:31] {+cc_9} SPY below intraday support
[10:31] {+cc_9} sky is falling
[10:31] {+cc_9} eat the children
[10:32] {+cc_9} i mean hide the children, eat the wives
[10:32] {nemo} cc=cl
[10:32] {nemo} nah, ain't doin' that again
[10:32] {nemo} I'm sick of seafood
[10:32] {Will49} :)
[10:33] {dino} yy sm l 82
[10:34] {+cc_9} TNA = BTFD
[10:34] {+cc_9} nemo, you need to wash your wife more
[10:35] {nemo} I'm not married.  They all sobered up before I could get them down the aisle
[10:35] {+cc_9} i was talking about your hand
[10:35] {nemo} ctxs keeps going, oh oh
[10:36] {nemo} cute
[10:36] {+cc_9} SPY first ounce here to 177.10
[10:36] {+cc_9} looking for 67.50 TNA
[10:36] {nemo} vwap .16
[10:40] {dino} adding meli dec calls
01[10:41] {&Threei} Long Setup:  TNA  .35 break
01[10:42] {&Threei}  change to .30 break
[10:42] {dino} out yy .42, +60
01[10:42] {&Threei}  If holds  .20
[10:42] {dino} .60
[10:42] {+cc_9} SNDK flushing
[10:43] {+cc_9} new lows, selloff since 10am
[10:45] {nemo} fslr is a short below .70
[10:46] {thomcbell} mcd short setup 98 brea if holding 98.10
[10:46] {thomcbell} vaddie
[10:46] {nemo} good night Irene
[10:46] {+cc_9} nope
[10:46] {+cc_9} SPY holding 176.90 intraday support for now
[10:46] {nemo} fslr cc
01[10:46] {&Threei}  could be two-sided, tbell
[10:46] {nemo} not spy
[10:47] {nemo} another hammer
[10:47] {+cc_9} oh oh OH ok
[10:47] {nemo} spy bounced r1
[10:47] {nemo} doing vwap run
[10:47] {nemo} oh jeez
[10:49] {+cc_9} YHOO new lows
01[10:50] {&Threei} Long Setup:  TZA  .65 break
01[10:50] {&Threei}  If holds  .55
[10:53] {nemo} acn holding remarkably well
[10:53] {+cc_9} FB as well
01[10:53] {&Threei}  half out
[10:53] {+cc_9} its still @ $50.00
01[10:53] {&Threei}  sheesh, finally something works
[10:54] {+cc_9} long YHOO 32.85
01[10:55] {&Threei}  MCD works, tbell
[10:58] {+cc_9} FB resilient, still $50.00
[10:59] {+cc_9} anyone saw TSLA crater to $146 ?
[11:00] {+cc_9} SPY headeefake, back to lows
[11:01] {thomcbell} mcd 1:1
01[11:01] {&Threei}  1:2
01[11:01] {&Threei}  TZA
[11:02] {+cc_9} am I still melodramatic nemo ?
[11:02] {+cc_9} full handle down on snp
[11:02] {dino} y drop
[11:02] {dino} yy
01[11:02] {&Threei}  in nemo's world, if you are not yawning you are melodramatic
[11:03] {thomcbell} mcd 1:2
01[11:03] {&Threei}  nice one tbell
[11:03] {+cc_9} YHOO resilient
01[11:04] {&Threei}  no kidding... I thought ut would be out of business 5 years ago
01[11:04] {&Threei}  yet it's still here
[11:04] {dino} gj tbell
[11:04] {thomcbell} tu
[11:05] {+cc_9} YHOO is not as weak as you think Vad
[11:05] {+cc_9} You forgetting Ali Baba
[11:05] {+cc_9} which is going ipo ~ $190B
[11:05] {dino} yhoo owns a good %
[11:05] {+cc_9} that's correct.
[11:05] {RonS} ...and in China so not 40 thieves, but billions...
01[11:06] {&Threei}  rofl
[11:07] {dino} yy sm l .00
[11:08] {+cc_9} FB now pulling back
[11:08] {dino} trla sm l .76
[11:10] {nemo} spy and finnies still green, but doesn't feel like it
[11:10] {+cc_9} GDX dump
01[11:13] {&Threei}  out last TZA
[11:22] {+cc_9} YHOO cash cow
[11:23] {dino} out trla ave .10, +.34
[11:24] {+cc_9} hit my goal for today, will only be spectator till the bell :)
[11:24] {+cc_9} once again, kudos Ron for MYGN
01[11:27] {&Threei}  anyone's thinking about the most enjoyabe torture for cc_9 right now?
01[11:28] {&Threei}  I picture Chengis Khan warriors tying their victims to 2 trees bent down to the ground... then letting trees go
[11:29] {RonS} cc...sent you a pm...(probably out blowing smoke)
[11:31] {dino} out yy .15, +1.15.
[11:31] {Alexs} bby short .40?
[11:31] {dino} over goal, going to paper trade das
01[11:31] {&Threei}  I'd rather look for bounce setup here alex
01[11:31] {&Threei} Long Setup:  BBY  .45 break
01[11:32] {&Threei}  If holds  .35
01[11:32] {&Threei}  dino, you are liking it so far?
[11:33] {dino} yeah. just took some time to configure it to way i'm used to trading
[11:34] {dino} it's faster exectutions for sure.
[11:34] {Alexs} i see it short :)
[11:34] {dino} thinking of using edge for my free scanners and options. das for daytrading
01[11:34] {&Threei}  very intuitive too
01[11:35] {&Threei}  you looked into its scanners? they don't give you the same?
[11:36] {dino} the top list is ok, the others i haven't gotten into yet
01[11:37] {&Threei}  alex... let's make it a slap bet? To keep life interesting
01[11:37] {&Threei}  my bet is long, and its triggered so I can't back off
[11:38] {Alexs} ok
01[11:40] {&Threei}  mine didn't work
[11:41] {Alexs} 1:1
01[11:41] {&Threei}  yours did
01[11:41] {&Threei}  oh well
06[11:41] * &Threei removes himself in a monastery
[11:41] {Alexs} not so fast please
06[11:42] * &Threei barricades himself in the cave
[11:42] {Les} ugh its like that is it
01[11:42] {&Threei}  lol
[11:43] {Les} the prodigal son returns
[11:43] {Alexs} 1:2
01[11:43] {&Threei} Long Setup:  GDX  .85 break
01[11:43] {&Threei}  If holds  .80
01[11:45] {&Threei}  hate low volume days
[11:46] {Will49} why trade them?
01[11:46] {&Threei}  they don't alert in advance that they are going to be low volume
[11:46] {Les} OXBT nice daily swing reversal
[11:47] {Will49} but we know by now...no?
01[11:47] {&Threei}  so we pick the safest plays with tightest stops and wait forthings to change... which they may do any moment
[11:48] {Will49} so volume can increase thru the day
[11:48] {Alexs} out bby on trail
[11:49] {Les} sm FB long .35 holding .25
[11:50] {Les} close enough half out
[11:57] {+cc_9} OXBT crashing hard
[11:57] {Les} 2nd half stop flat
[11:57] {Les} looking for new entry
[11:58] {drewj} hello everybody
01[11:58] {&Threei}  hey drew
[11:58] {drewj} how' it going?
01[11:58] {&Threei}  low volume...
01[11:59] {&Threei}  1 1:2er, the rest are mehs
[11:59] {drewj} too bad
01[12:07] {&Threei} Long Setup:  FB  .40 break
01[12:07] {&Threei}  If holds  .30
01[12:10] {&Threei}  sigh
01[12:11] {&Threei}  should I just go back to sleep?
[12:12] {goinshort} can someone recommend a trade tracking software?
[12:12] {Will49} let me think about it Vad
[12:13] {Alexs} GDX meh too
[12:16] {Les} no bounce for fb at pivot again hmmmm
[12:17] {Alexs} are you going to milk YHOO again cc?
[12:20] {Alexs} yhoo long .80 Vad?
01[12:21] {&Threei}  I don't like it so yes
[12:21] {Alexs} lol
[12:27] {+cc_9} Alex
[12:27] {+cc_9} no, im done for the day
[12:27] {+cc_9} i hit my goal, not going to push it.
[12:27] {+cc_9} Traded : MYGN / FB / YHOO / TNA
[12:28] {+cc_9} OXBT no more shares out to short for the public :(
[12:28] {Alexs} you see it short?
[12:29] {+cc_9} not now...obviously.
[12:29] {+cc_9} look @ the intraday
[12:29] {+cc_9} the break down of $10.00 yes.
[12:29] {Alexs} ah, ok
[12:37] {+cc_9} OXBT not for the weak
06[12:38] * &Threei prmoises to do 12 bench presses with a barbel equal his weight before trading OXBT
[12:38] {Alexs} rofl
[12:39] {nemo} that shouldn't be tough
01[12:39] {&Threei}  hey Alex... that theory worked on YHOO
01[12:39] {&Threei}  I guess today is a George Costanza day on my calls
[12:40] {Alexs} missed the entry on pullback :(
01[12:40] {&Threei}  .90 break looks good
01[12:40] {&Threei}  then again... I like it... so
[12:40] {Alexs} ok should I short it then?
01[12:41] {&Threei}  following the logic of today, yes... let it break and short the recross :)
01[12:41] {&Threei}  but doing that, think that I called long
01[12:41] {&Threei}  so universe thinks it needs to drop
[12:41] {Alexs} ok will do it as you said
01[12:42] {&Threei}  follow the twists and turns of that?? :)
[12:42] {Alexs} :)
[12:46] {+cc_9} "not buying YHOO drop and selling the reversal for $0.10. I seriously hope you guys do not do this" Costanza
[12:46] {Alexs} lol
[12:47] {+cc_9} "YHOO is a cash cow" cc_9
[12:47] {+cc_9} very steady stock, I trade it only for $0.10 @ a time
[12:47] {+cc_9} high liquidity, low beta
[12:48] {+cc_9} can go heavy if needed
01[12:51] {&Threei}  thing of beauty:
01[12:51] {&Threei}  http://armstrongeconomics.com/2013/11/06/socialism-brought-home/
01[12:51] {&Threei}  where is ese
01[12:51] {&Threei}  we need him to read this
[12:51] {RonS} ya, wanted him to read this:  http://www.infowars.com/obama-secret-service-agent-its-worse-than-people-know-and-im-not-trying-to-scare-you-either/
[12:52] {RonS} dvn sired...
01[12:52] {&Threei}  did he become our pet experiment "can you concince a socialist"? :)
[12:53] {+cc_9} OXBT 25% bounce from lows lol
01[12:53] {&Threei} Short Setup: FB  49 break
01[12:54] {&Threei}  If holds  .10
[12:55] {+cc_9} OXBT lol
[12:56] {dino} yy app lod again
01[12:56] {&Threei}  wooohooo
01[12:56] {&Threei}  I won another one
[12:56] {Alexs} hooray!
01[12:57] {&Threei}  Screamed women lodly Hoorraay, and threw their bras up in the air
[12:58] {nemo} acn interesting here on a breakout
[12:59] {Alexs} half out yhoo .81
01[12:59] {&Threei}  what do you know, Costanza method works again on YHOO
01[13:00] {&Threei}  1:2 FB
01[13:00] {&Threei}  bras cover the sun now
[13:01] {Alexs} out yhoo .76
[13:01] {dino} ctrp lod
[13:01] {Alexs} thanks Vad
01[13:02] {&Threei}  yw (signed: Costanza)
[13:02] {Alexs} lol
01[13:02] {&Threei}  that btw was typical dktk setup
[13:03] {+cc_9} YHOO shygddi
01[13:03] {&Threei}  ok... I'll bite... YHOO what??? :)
[13:04] {+cc_9} "Seriously Hope You Guys Don't Do It" Costanza
01[13:04] {&Threei}  lol
[13:04] {dino} dvn blood
01[13:04] {&Threei}  not back in black yet but much much better
01[13:05] {&Threei}  not even envisioning quartering cc_9 with those trees
[13:05] {Les} oxbt ready for test of lows hee
[13:05] {Les} cc
[13:05] {+cc_9} VLO tank
[13:06] {+cc_9} OXBT since no more shares to short today, I will pass.
[13:06] {+cc_9} "will the IPO change the culture of Twitter" Bloomberg
[13:07] {+cc_9} Yes, they will say "here you go sir" to every NSA request.
[13:07] {dino} dvn sm l .30
[13:08] {+cc_9} you should do good if long, DVN is a big name, she won't sink
[13:08] {+cc_9} anyone grabbed YHOO on the drop .70s ?
[13:08] {+cc_9} Guys, I seriously hope...
[13:09] {+cc_9} http://1-media-cdn.foolz.us/ffuuka/board/q/image/1344/83/1344832831551.jpg
[13:09] {Alexs} just covered it at .76
[13:09] {+cc_9} noooooooo
[13:09] {+cc_9} need to get long .70s and sell .80s
[13:09] {+cc_9} what you did is blasphemy
[13:09] {+cc_9} I seriously hope you guys repent
01[13:10] {&Threei}  we? repent?
01[13:10] {&Threei}  we just drink and go on
[13:10] {dino} out dvn .60, =.30
[13:10] {dino} +
[13:10] {+cc_9} nice one dino
[13:11] {+cc_9} YHOO cash cow, back to mid .80s
[13:11] {+cc_9} (not in this time)
[13:11] {+cc_9} and just like that, another easy $0.10 from YHOO atm
[13:12] {+cc_9} how many more faces of costanza do I need to post
[13:15] {+cc_9} YHOO range chart : http://img854.imageshack.us/img854/6849/gb83.png
[13:16] {+cc_9} what i've noticed is that each day YHOO will have a defined range. Yesterday was $33.00 - $33.10
[13:17] {+cc_9} so long that you trade within that range, should do well on it. 1) can set stop loss under the range or 2) scale in if confident
[13:17] {+cc_9} (cc_9 likes to do #2)
[13:17] {+cc_9} speaking of, brb
[13:18] {RonS} yy 40% float traded...acts like it want $46...
01[13:18] {&Threei}  tmi from cc_9
[13:19] {Les} cc been reading vad's tape reading strategy :P
[13:23] {+cc_9} DVN tank #2
[13:24] {dino} yy sm l .50
[13:26] {dino} dvn sm l .73
[13:27] {+cc_9} http://www.washingtonpost.com/blogs/capital-weather-gang/wp/2013/11/05/severe-typhoon-haiyan-exploding-in-power-on-path-towards-philippines/
01[13:28] {&Threei}  so alex, you got that mayor elected, that you mantioned yesterday?
[13:28] {Les} "severe" "exploding" "power"
[13:28] {Les} nothing selss like a disaster
[13:28] {Les} sells
[13:28] {Alexs} sure
01[13:28] {&Threei}  well... congratulations
01[13:29] {&Threei}  but do not despaor, we all are moving in that direction
[13:29] {Alexs} first looter in 20 years
01[13:29] {&Threei}  spoke to a friend in Germany,
01[13:29] {&Threei}  Stalinist party came close to forming a government
01[13:30] {&Threei}  and continue remaining popular and powerful, so next time it just might
01[13:30] {&Threei}  in coalition with left wing one
01[13:31] {&Threei}  Canada as last one electing conservative govt is not going to resist the general ternd for too long
[13:31] {Alexs} 15 biggest cities in US have democratic mayours now
01[13:32] {&Threei}  I guess we are just lucky generation... to witness not one but two major societal crashes in one lifetime
[13:32] {+cc_9} YHOO, let me say it again "cash cow"
[13:32] {dino} out dvn .13, +.40
01[13:32] {&Threei}  well, it's difficult first time only
01[13:33] {&Threei}  good call on YHOO, cc
[13:33] {Alexs} no second time even harder for me
[13:34] {Alexs} I have 4 children didn't want  them to see socialism
[13:34] {Les} was tempted by FB .00 long, made 1:1 but dropped rapidly enough.
[13:34] {dino} 2 here alexs and feel same way
[13:34] {nemo} we've actually had socialism since the income tax
[13:35] {nemo} it's just kept progressing left ever since
[13:35] {Les} it's important they see it Alex
01[13:35] {&Threei}  you really didn't nemo...
[13:35] {Les} innoculation time for my kids too
01[13:35] {&Threei}  you had elements of it
[13:35] {nemo} it's been a progression, not really a discrete demarcation
01[13:36] {&Threei}  socialism is not all or nothing proposition
01[13:36] {&Threei}  it's creeping in, adding here and there
[13:36] {thomcbell} thanks for dvn - got 0.57 cents ot of it
[13:36] {nemo} you're making my point
01[13:36] {&Threei}  wtg tbell!
01[13:36] {&Threei}  no... listen to the end
[13:36] {nemo} you forget who I talk to constantly
01[13:37] {&Threei}  there is no society with pure capitalism
01[13:37] {&Threei}  some elements of socialism are there always
01[13:37] {&Threei}  how much it weighs on society health is a matter of two things
[13:37] {dino} yw and gj tbell
01[13:37] {&Threei}  1. quantative,
01[13:38] {&Threei}  how much of a burden that re-distribution presents,
01[13:38] {&Threei}  and for the most of that path, there is a hope of turning back.
01[13:38] {&Threei}  That hope slims dopwn as more and more people get on the recieving end
01[13:39] {&Threei}  and get a taste of getting something for nothing.
01[13:39] {&Threei}  2. Qualitative,
[13:39] {+cc_9} loaded 25k shares SIRI, looking for $0.02 lol
01[13:39] {&Threei}  threshold that is crossed when means of production stop being private and get confiscated by the state.
01[13:39] {&Threei}  That's the end of it, that's full blown socialism
[13:40] {+cc_9} it will probably move 1 penny up all day
01[13:40] {&Threei}  there is no more hope when that happens
01[13:40] {&Threei}  andf it can end only by the total collapse.
[13:40] {RonS} The American Republic will endure until the day Congress discovers that it can bribe the public with the public's money.
[13:40] {RonS} Alexis de Tocqueville
01[13:40] {&Threei}  yup
01[13:41] {&Threei}  How long it takes for collapse to come depends on many factors,
01[13:41] {&Threei}  took 70 years in USSR case,
[13:41] {+cc_9} "The American Republic will endure until they realize they can trade YHOO for $0.10 over and over" George de la Coztanza
01[13:41] {&Threei}  likely would take less in any other
[13:41] {Les} it's funny though
01[13:41] {&Threei}  lol
[13:41] {RonS} lol cc
[13:42] {RonS} ...de la Costanza...classic
[13:42] {Les} happy to see my family in Oz taking a kick in the butt as the global issues begin to reach even down under
[13:42] {+cc_9} DVN beautiful play there dino
[13:42] {Les} but at same time, don't give a fu&% anymore. nothing new under the sun and gonna play out again and again and again etc
[13:43] {RonS} reach down under...wouldn't that be a gonad kick?
[13:43] {Will49} lol
[13:43] {nemo} if he had them
[13:43] {Alexs} this guy worked in Nicaragua supporting the Sandinistas now his a new mayor of NYC, can you believe it? wtf
[13:44] {RonS} must have said he is Puerto Rican...
[13:44] {+cc_9} lol @ NY new mayor had to parade his jungle fever to get votes
[13:44] {nemo} he's white
[13:44] {+cc_9} ...and won
[13:44] {RonS} Puerto Rico has no whites?
[13:46] {RonS} ctrp 19 day low
[13:47] {Les} lol Ron
[13:48] {Les} "The American Republic will endure until they realize they can trade YHOO for $0.10 over and over" George de la Coztanza
[13:48] {Les} keeping that one
[13:48] {dino} out yy .80, +.30
[13:49] {RonS} won't tell your wife here...gj
[13:50] {RonS} "dino, you musn't tempt the trading gods...when you make your money, just stop...."
[13:52] {RonS} "...but if you do make something extra, hand that over too...Alex says so..."
[13:52] {+cc_9} DVN getting some nice bids still
[13:52] {Les} FB revisiting the lows and looking inverted c&h
[13:53] {+cc_9} FB i think might get of that TWTR effect
[13:53] {+cc_9} money flow
[13:53] {Les} twtr?
[13:53] {+cc_9} FB i think wise to wait for TWTR to go IPO and see how it affects the price
[13:53] {+cc_9} twitter
[13:53] {Les} ah ok
[13:53] {+cc_9} http://finance.yahoo.com/q?s=TWTR
[13:54] {Les} IPO happened?
[13:54] {RonS} tonight, trades to the plebs tomorrow...
[13:54] {Les} k
[13:57] {+cc_9} pensions and hedge funds already got their shares
[13:57] {+cc_9} the j6p gets his tomorrow at 50% markup
[13:57] {nemo}  bmrn
[14:01] {+cc_9} if my math is right, SIRI goes up $0.01 by 2:15PM ET
[14:01] {+cc_9} the FADF 3.64 buyers tend to unload a penny up each hour
[14:03] {+cc_9} 3x1 top order size
[14:04] {+cc_9} (SIRI is good to watch to get a better understanding on order size on L2, granted, "bxa" on most tickets is a crock of shit that is useless for tape reading bc too fast to make sense of it. SIRI is slow as hell, which makes it more practical)
[14:06] {+cc_9} DVN pretty V reversal, tagging 61
[14:07] {+cc_9} OXGN, pulp play of the day
[14:08] {+cc_9} SIRI order size on both sides going ape shit
[14:09] {Les} OXGN can't short it
[14:09] {+cc_9} lol they priced 50% of the offers back on the bid by breaking the spread
[14:09] {+cc_9} Its probably a good thing Les.
[14:09] {nemo} gmcr gonna' close that big 'ol gap
[14:10] {Les} .10 risk me like short here
[14:10] {nemo} like what short, your sheep?
[14:10] {Les} your tongue
[14:10] {Les} cut out of your mouth
[14:10] {+cc_9} if you do that, then he cannot taste the fishy wife
[14:11] {Les} ugh
[14:11] {+cc_9} maybe a good punishment is leaving his tongue intact
[14:11] {nemo} who?  you and a bunch of your pajama wearing buddies?
[14:11] {Les} no just me
[14:11] {+cc_9} DVN through 61
[14:12] {+cc_9} Yasser Arafat may have been killed with a lethal dose of the highly radioactive substance Polonium
[14:12] {+cc_9} Swiss Drs. confirm the findings
[14:12] {nemo} yeah, that's about two weeks old
[14:12] {Les} nothing new
[14:12] {Les} anyone who cares
[14:12] {Les} had it coming one way or the other
[14:13] {+cc_9} "thats about two weeks old"
[14:13] {+cc_9} its actually older than that, but the headlines about the findings are from today
[14:14] {+cc_9} "we're too cool, we know all the news before they are out, anything else anyone says is stale and useless" Lesnemo
[14:14] {Les} yeh remember the suspicions couple of years ago
06[14:14] * Les slaps cc_9 around a bit with a large trout
[14:14] {Les} had that comin
[14:14] {+cc_9} I EAT TROUTS FOR LUNCH
[14:14] {Les} hmmmm need to be more creative with cc hey
[14:15] {nemo} that fishy smell again
[14:15] {+cc_9} ask vad if there are wild boars in the chat inventory
[14:15] {+cc_9} those are some nasty effing animals
[14:15] {nemo} they taste good too
[14:15] {+cc_9} i saw a video on liveleak, they shred this guy into pieces
[14:15] {nemo} whacked one with a muzzleloader
[14:15] {+cc_9} tore off his entire arm
[14:16] {+cc_9} a video nemo can enjoy : http://www.liveleak.com/view?i=e6f_1383374366
[14:17] {nemo} wow .223s that's a little bullet
[14:17] {+cc_9} gets the job done
[14:17] {thomcbell} talk tomorrow fellas
[14:17] {nemo} he must be headshooting them
01[14:17] {&Threei}  take care tbell
[14:17] {+cc_9} a+ tbell
[14:18] {nemo} fast bastards
[14:19] {+cc_9} arent you glad you did not short Les ?
[14:19] {Les} made 1:1 cc
[14:19] {+cc_9} 4.20 ?
[14:19] {Les} that's the setup I look for in Vad^'s book
[14:19] {+cc_9} oh, i see it
[14:19] {Les} tried .30 short
[14:20] {Les} but can see it ain't finished yet m e no touch
[14:21] {+cc_9} SIRI 1M block like it ain't sh*t
[14:21] {+cc_9} here comes the .66 uptcik
[14:21] {+cc_9} :D
[14:21] {+cc_9} i was off by 6 minutes
[14:23] {+cc_9} my block pending .67
[14:23] {+cc_9} plenty time for a penny
[14:23] {+cc_9} should go right about now actually
[14:23] {+cc_9} 4x1 total
[14:24] {+cc_9} if hits .67, that's an easy $500 just taking advantage of the FADF swaps
[14:26] {+cc_9} I was able to get a block off @ the offer http://img841.imageshack.us/img841/9940/g0m3.jpg
[14:26] {+cc_9} which means its liquid enough for an uptick
[14:26] {+cc_9} even if the bid .65, they took mine
[14:26] {+cc_9} so i put the full block .67 and wait for the algos to uptick
[14:27] {+cc_9} "I seriously hope you guys don't believe there is no such thing as a free lunch" cc_9
01[14:27] {&Threei}  we do
01[14:28] {&Threei}  we like taking candies from babies
[14:28] {+cc_9} lol
[14:28] {+cc_9} too bad none of my routes will accept a partial spread 3.655
01[14:28] {&Threei}  but I asm getting confused by your munltiple negatives in one line so I don';/t kn ow what don;t believe no more
[14:29] {+cc_9} hehe
[14:29] {+cc_9} "its working"
[14:30] {+cc_9} if anyone bored and wants to watch this crap, I use INET
01[14:30] {&Threei} Long Setup:  FB  ..10 break
01[14:30] {&Threei}  .c 49
01[14:31] {&Threei}  If holds  49
01[14:32] {&Threei}  1:1
01[14:32] {&Threei}  I can't see sky
01[14:33] {&Threei}  bras everywhere
[14:33] {Les} missed spy long
01[14:33] {&Threei}  got FB though?
[14:33] {Les} yeh
01[14:33] {&Threei}  :)
[14:33] {Les} didn't get offer taken though
[14:33] {Les} at .20
01[14:34] {&Threei}  if it stalls, why let it get away? take .19
01[14:34] {&Threei}  on a day like today when they don't move much especially
[14:34] {+cc_9} DVN, don't look
[14:35] {Les} yeh rally fissling out quick
[14:35] {Les} working 11pm to 8am killing brain cells quicker than usual
[14:36] {Les} then f&%çbags pile up on highway so I can't deliver keys back to base quickly
[14:37] {nemo} GMCR bounced of gap close
[14:40] {+cc_9} Les, if I may ask, how did you learn the word f****bag while being a Swiss
[14:40] {Les} huh?
[14:40] {Les} who u calling swiss?
[14:40] {Les} RIG peaking and looking toppy here
[14:41] {+cc_9} oups
[14:41] {+cc_9} HFC, keep an eye
[14:41] {nemo} he's Oz convict stock
[14:41] {Les} mais çava ou bien!
[14:41] {+cc_9} HFC looking for a DVN type move
[14:41] {Les} GLD
[14:41] {+cc_9} LOD test, if holds looking for reversal
01[14:42] {&Threei} Long Setup:  CAT  .25 break
01[14:42] {&Threei}  If holds  .15
[14:42] {+cc_9} .67 on SIRI
[14:42] {+cc_9} thank you come again
[14:42] {+cc_9} and that folks, is how you make $500 for doing absolutely nothing.
[14:43] {+cc_9} 13:39 cc_9 loaded 25k shares SIRI, looking for $0.02 lol
[14:43] {+cc_9} 1) load up
[14:43] {+cc_9} 2) watch level sizes
[14:43] {+cc_9} 3) set an offer ahead
[14:43] {+cc_9} 4) test new ask with partials/ if get fill, raise offer 1 cent
[14:43] {+cc_9} 5)???
[14:43] {+cc_9} 6)collect underwear
[14:43] {+cc_9} 7) ???
[14:43] {+cc_9} 8) profit
[14:44] {Les} lol
[14:44] {Les} classic south park
[14:44] {+cc_9} t'es trop fou mec
[14:48] {+cc_9} the beauty of it, is that ARCA pays you $2 per 1k shares when adding liquidity. So although 25k shares might sound like spending too much on commission, its really no
[14:48] {+cc_9} ECN rebate }} http://img849.imageshack.us/img849/6210/u1qz.jpg
[14:49] {Les} cc the algo trader
[14:49] {+cc_9} i wish, its all manual labor :(
[14:50] {+cc_9} i have a couple algo guys, one of them trades imbalance only. Basically sits all day to trade the last 2 minutes
[14:50] {+cc_9} and somehow, churns 50k-100k shares within those last 2 minutes
[14:52] {+cc_9} this is how I picture Les after a good trade http://images.4chan.org/pol/src/1383767501531.gif
[14:53] {+cc_9} Granted, those are Slav dance moves
[14:53] {Les} nah that's me after blowing it
[14:53] {Les} you don't wanna see me after a good trade
[14:58] {goinshort} somebody kick that CAT
[14:59] {Les} vol. so low that FSC is not showing CAT tradews anymore...
06[14:59] * &Threei kicks CAT in the rear
[15:01] {+cc_9} I think that's all today is going to offer
01[15:01] {&Threei}  SPY...
[15:02] {+cc_9} what about it
[15:04] {goinshort} spy killed the cat
01[15:05] {&Threei}  not yet... just froze it
01[15:07] {&Threei}  break of 177.10 should push both
[15:08] {Les} FXE quick jump below 50dma before bouncing back above on strong volume
[15:09] {Les} opposite for UUP... let's see if its a shot inthe arm for equities
[15:10] {Les} although SPY looks DT daily
01[15:13] {&Threei}  Google confirms it owns mystery barges; hints they will be interactive spaces for 'new technology
01[15:13] {&Threei}  those must be space barges for migrating to another planet when this one drowns in socialism
[15:13] {Les} up stop to .20?
01[15:13] {&Threei}  after .30 break
[15:14] {Les} yeh GOOG wanna facescan everyone's face for NSA camera recognition
01[15:14] {&Threei}  facepalm is the best defense from facescan
[15:16] {dino} or moon
[15:16] {+cc_9} GDP tomorrow
01[15:16] {&Threei}  moonpalm??
[15:17] {+cc_9} when unsure, i trade both TNA and TZA at the same time
[15:17] {dino} just moon
[15:18] {+cc_9} if i have a bullish bias but unsure, i get 500 TNA and 300 TZA
[15:18] {+cc_9} if trade works my favor, i dump the insurance
[15:18] {+cc_9} if goes aginst me, book gains on TZA, work around TNA for minimal loss
[15:18] {+cc_9} this is what I will be doing tomorrow if we get a high beta open
[15:18] {+cc_9} which i hope, will be about -150
01[15:19] {&Threei}  dangerous game dino... imagine if they can identify you, and from that moment on that's how you look in all IDs and govt documets {G}
[15:19] {RonS} cc: "and in the sack it's a girl and guy...schwing!..."
01[15:19] {&Threei}  lol
[15:20] {goinshort} spy trying again
01[15:23] {&Threei}  ok CAT, it's time
[15:23] {goinshort} Cat needs jumper cables
01[15:24] {&Threei}  say that again... seems to be working
[15:29] {Les} outta here back to work again a+
01[15:29] {&Threei}  take care les
[15:29] {+cc_9} guys
[15:29] {+cc_9} look @ this chart
[15:29] {+cc_9} QUAD
[15:29] {Les} let this market sort out its head from its a$$
[15:29] {Will49} be good Les
[15:30] {+cc_9} QUAD on daily looks hilarious
01[15:30] {&Threei}  this is not a chart, cc... this is eternal grief of all oppressed nations in graphic form
[15:30] {+cc_9} could be good for tomorrow though'
[15:30] {+cc_9} lol Vad
[15:30] {+cc_9} that was pretty funny
06[15:31] * &Threei takes a bow
[15:32] {+cc_9} let me check the float on QUAD for next level lols
01[15:32] {&Threei}  horrible report
01[15:32] {&Threei}  Quad/Graphics, Inc. Reports Q3 $0.64 v $0.84 y/y, R$1.21B v $1.04B y/y- Narrows FY13 Rev $4.8B. (Prior: remain on track to achieve our 2013 objectives FY13 Rev $4.8-5.0B on Aug 6th)
[15:33] {+cc_9} its not THAT bad
[15:33] {+cc_9} at least they beat on revs
[15:33] {+cc_9} ESP def is garbage
[15:33] {+cc_9} EPS*
[15:36] {dino} why don't sychics trade?
[15:36] {dino} psychics
[15:36] {+cc_9} they do
01[15:36] {&Threei}  really
[15:36] {Alexs} cat slow dying trade
[15:36] {+cc_9} thats what stocktwits is for
01[15:37] {&Threei}  cc9, he said psychics, not psychos
[15:37] {+cc_9} everyone on stocktwits is a hindsight wizard aka psychic
[15:37] {+cc_9} }implying psychics are not mentally ill
01[15:38] {&Threei}  sigh CAT
01[15:38] {&Threei}  some days should not be in the calendar
[15:43] {Alexs} TWTR has more loses than revenue, 7 years company what do people  think?
01[15:43] {&Threei}  people think?
[15:43] {Alexs} lol
01[15:43] {&Threei}  that's new
[15:44] {RonS} think later, tweet now...
01[15:44] {&Threei}  just look at the results of the elections
01[15:44] {&Threei}  lol ron
01[15:45] {&Threei}  QUAD... any cover at the eod?
01[15:45] {&Threei}  or just more panic
[15:48] {dino} i'd be covering
01[15:48] {&Threei}  my feeling too
01[15:48] {&Threei}  but it's jumpy
[15:50] {+cc_9} Alex, i brought that up yesterday
[15:51] {+cc_9} twitter bleeds money year over year
[15:51] {+cc_9} but "investing" is about "believing"
[15:52] {dino} well, just look at amzn then
01[15:55] {&Threei}  OK guys... annoying week continues
[15:55] {Will49} forgetable day...onward an upward
01[15:55] {&Threei}  hopefully we can break this tomorrow
01[15:55] {&Threei}  have a great evening
[15:57] {+cc_9} ok folks
[15:57] {+cc_9} another green day
[15:57] {+cc_9} enjoy!
[15:57] {+cc_9} a+