Tuesday, November 12, 2013

Nov 12 2013

Weird day that started with series of rinses, then turned into series of wins. Thanks to rinses being on a small side while winners ranging from 1:2 to 1:4, finished about flat.

Session Time: Tue Nov 12 00:00:00 2013
[08:21] {dino} gm
01[08:53] {&Threei}  morning dino
[08:54] {thomcbell} hello guys
01[08:55] {&Threei}  tbell :)
[09:04] {drewj} gm 
[09:04] {RonS} hi everyone
01[09:05] {&Threei}  drew, ron :)
[09:06] {RonS} strange that srpt has not been halted...
01[09:09] {&Threei}  I guess circut breaker work during trading hpurs only
[09:10] {RonS} ...goes to show the whole thing is entirely arbitrary and fot the benefit of the exchanges...
[09:15] {+cc_9} .Good morning folks.
[09:16] {RonS} spent years as a kid wanting to grow up to be a folk...
[09:16] {Will49} gm
01[09:16] {&Threei}  cc9, will :)
[09:19] {+cc_9} SRPT decimated pre-market
[09:19] {+cc_9} -55%
01[09:21] {&Threei}  I can't read this without tears
01[09:21] {&Threei}  http://online.wsj.com/news/articles/SB10001424052702303763804579183680751473884
[09:22] {RonS} funny how decimate has been morphed...roman army practice when pissed off general would line up troops and call out every tenth man to be executed in order to give the remaining incentive...
01[09:22] {&Threei}  Ben might do the impossible: outdo Greenspan as the most hamrful Fed chairman
[09:22] {ese} gm
01[09:22] {&Threei}  lol ron
01[09:22] {&Threei}  ese :)
[09:23] {+cc_9} FB poking its head out ahead of the index
[09:23] {+cc_9} FB should be a good long
[09:24] {mrcanada} Bonjour....
01[09:25] {&Threei}  mrc :)
[09:26] {mrcanada} not sure how long I'll be here again today....always stuff coming up....
01[09:26] {&Threei}  we will hold the fort
[09:27] {nemo} mmmhhhh....my binky isn't here
[09:27] {+cc_9} SRPT is going to be nuts today
[09:27] {+cc_9} i have a bad history with this sob
[09:28] {nemo} yeah, remember that
[09:28] {+cc_9} its dumping some more ahead of the bell
[09:28] {nemo} jeez...think it'll be on the uptick rule?
[09:29] {Alexs} gm
[09:29] {+cc_9} i think it gets 1 pop and that's it
01[09:29] {&Threei}  alex :)
[09:29] {+cc_9} { $16.00
[09:29] {+cc_9} here comes the bell, here comes the chaos
[09:30] {+cc_9} SRPT, let the fight begin
[09:30] {+cc_9} } $16.50
[09:31] {+cc_9} FB going here
[09:31] {+cc_9} market tanking, FB holding up
[09:32] {nemo} funny what we consider tanking
[09:32] {+cc_9} FB i think goes when market reverses
[09:32] {+cc_9} SRPT all out crash
[09:33] {thomcbell} not if but when
[09:33] {+cc_9} long FB here for $47+ tgt
[09:34] {+cc_9} tempted to get in some DDD for ape run
[09:35] {+cc_9} grabbed some DDD and FB long
[09:36] {+cc_9} SPY coming back, FB crapping the bed...damn i hate FB sometimes
[09:37] {Will49} did Vad go back to bed?
01[09:37] {&Threei} Long Setup:  FB  .20 break hl
01[09:37] {&Threei}  If holds  .10 
[09:38] {+cc_9} DDD needs to clear 75.75 for a clean break
01[09:38] {&Threei}  1:1
[09:40] {+cc_9} DDD some weakness, FB holding up
[09:41] {+cc_9} FB new highs
[09:41] {robbers} Nice call.
[09:41] {+cc_9} still looking for $47+ on FB
[09:41] {+cc_9} but will start unloading ~46.75
[09:42] {+cc_9} come on DDD, everyday you went ape I missed you...now I need you to do it
[09:42] {+cc_9} FB lovely, 
[09:43] {+cc_9} Selling some FB here early .70s
01[09:44] {&Threei} Long Setup:  GLD  .60 break
01[09:44] {&Threei}  If holds  .55 
[09:44] {ese} L invn .52
[09:45] {+cc_9} DDD come on...clear 75.50 before SPY shits the bed again
[09:45] {+cc_9} DDD yipee
[09:45] {+cc_9} break .75 come on!
[09:46] {thomcbell} very nice entry on FB Vad
[09:46] {+cc_9} DDD YEAAAAAAAAA BABY
[09:46] {+cc_9} } $76.00
01[09:46] {&Threei}  ty
01[09:46] {&Threei}  meh GLD
[09:46] {thomcbell} lvs setting up for higher 
[09:46] {+cc_9} DDD paydayy
[09:47] {+cc_9} all out DDD, all out FB
[09:47] {+cc_9} fucking GREAT start
[09:47] {ese} by the way vad.......Will set me straight last friday night at grimbergen beer night......got a lecture on American politics.......
01[09:47] {&Threei} Long Setup:  C  .95 break
01[09:47] {&Threei}  If holds  .85 
[09:47] {+cc_9} DDD } $76.50
[09:47] {+cc_9} } 78.75 HOLY CRAP LOL
[09:48] {+cc_9} this is new my all time fav stock
[09:48] {RonS} fb .23 to .85 +.62 thanks 3i, cc...
01[09:48] {&Threei}  wtg Ron :)
[09:48] {+cc_9} way to go fellas!
[09:48] {+cc_9} I feel very good when Vad is on the same plays as me :D
[09:48] {ese} went something like......."you idiot!!!!!!!!   do you want an invitation to the shiskabob party or not???!!!!!.....you idiot!!!!"
[09:48] {+cc_9} its like a moral boost
01[09:48] {&Threei}  even though direction might be opposite, cc?? :)
[09:49] {+cc_9} yes i dont care lol
01[09:49] {&Threei}  hehe
01[09:49] {&Threei}  so... whatcha think about those politics now?
[09:49] {+cc_9} god damn it DDD i shoulda held on!!!
[09:50] {+cc_9} DDD $77.00 
01[09:50] {&Threei}  come on C, break
01[09:51] {&Threei}  Invalidated  
[09:51] {ese} I was in tears.....nothing is worse the risk of not getting your shiskabob.....it was like ....like ....like being possibly being at Guantanmo
[09:52] {ese} reprograming of the most intense kind
[09:52] {ese} and!!!!!!!!  he didn't even buy the beer
[09:53] {Will49} :(
[09:53] {+cc_9} DDD i swear im going to commit an aggravated felony
[09:53] {RonS} 30% srpt float already traded...
[09:54] {+cc_9} I sold DDD at freaking 76.05
[09:54] {+cc_9} i need to be electrocuted with high amp low volt
[09:55] {nemo} just get a ladder and grab on the 440 line
01[09:55] {&Threei} Long Setup:  C  .80 break
01[09:55] {&Threei}  If holds  .75 
[09:56] {+cc_9} VNDA pulp fiction
01[09:56] {&Threei}  wow GDX
01[09:56] {&Threei}  and... frkin GLD
[09:56] {+cc_9} not buying GDX @ the open...I seriously hope you guys stop not doing this.
01[09:56] {&Threei}  lol
[09:57] {+cc_9} http://emotibot.net/pix/4651.jpg
[09:57] {RonS} stop not...double negative w/ a back flip?
[09:58] {+cc_9} too early for inception ?
01[09:58] {&Threei}  Ron... what else would you expect from a guy whose thinking is corrupted forever by contortions of George Costanza
[09:58] {RonS} tradeus interruptus?
[09:58] {+cc_9} think of it like a hard shell taco inside a soft shell inside a taco bell inside inside a long john silver's inside a kfc inside a YUM
[09:59] {RonS} lol
[09:59] {+cc_9} now you are ready for real life, son.
01[09:59] {&Threei}  I don't see any krispy creams thrown in in there
[10:00] {+cc_9} that's bc the donut hole was taken out
[10:00] {+cc_9} so it cannot work
01[10:00] {&Threei}  and if you don't sprinkle whole contruption with vodka, why do you even bother
[10:01] {+cc_9} GDX...dont want to chase, but sure will regret
01[10:02] {&Threei}  meh
01[10:02] {&Threei}  what is it with SPY
[10:02] {+cc_9} CLF tanking
[10:04] {RonS} clf:  http://www.businessweek.com/news/2013-11-11/china-to-take-iron-ore-pricing-control-from-miners-banga-says
[10:04] {+cc_9} bad news = good news
[10:04] {+cc_9} dont you know this
[10:05] {RonS} ...except when it isn't...
[10:05] {RonS} ...Jorge de la Costanza
01[10:06] {&Threei}  lol
01[10:07] {&Threei} Long Setup:  CAT  .03 break hl
01[10:07] {&Threei}  If holds  .95 
[10:07] {+cc_9} long CLF 26.55
[10:07] {+cc_9} looking for no more than $0.15
[10:07] {+cc_9} costanza trade
[10:08] {nemo} ddd vwap
01[10:11] {&Threei}  grrr
01[10:12] {&Threei}  come on... third rinse??
[10:12] {+cc_9} CLF .60bid
[10:12] {+cc_9} give me .75 pls
[10:13] {+cc_9} SPRT not 1 single bounce
[10:13] {+cc_9} its over
[10:14] {+cc_9} back in DDD 76.25
[10:14] {nemo} tsla may be at bounce point
[10:15] {+cc_9} }in the year 2013 of our Lord and Savior
[10:15] {+cc_9} }trading TSLA
[10:15] {+cc_9} }seriously hope, guise.
[10:15] {+cc_9} YGE pulp king
[10:15] {+cc_9} CLF .65
[10:16] {+cc_9} $0.10 more to go on this hope play
01[10:16] {&Threei} Long Setup:  SLW  .70 break
01[10:16] {&Threei}  If holds  .65 
[10:16] {nemo} mmmhhh...I'm not used to being referred to as a saviour
[10:16] {+cc_9} CLF .69 :D
[10:16] {+cc_9} +$0.15 on CLF thank you come again.
[10:17] {+cc_9} +$0.50 on DDD
[10:17] {+cc_9} out CLF, out DDD
[10:17] {+cc_9} COSTANZA!
[10:19] {+cc_9} DDD } $77.00 : new cash cow this stock
[10:19] {+cc_9} SPY through the roof!
01[10:19] {&Threei}  wtf
[10:22] {+cc_9} 10:07 cc_9 looking for no more than $0.15
01[10:22] {&Threei} Short Setup: MCD  .50 break
[10:22] {+cc_9} that's called not being greedy, it hit the target to the penny before falling back
01[10:22] {&Threei}  If holds  .57 
[10:23] {nemo} esrx
[10:26] {+cc_9} back in CLF round 2 26.50
[10:26] {+cc_9} looking for only $0.10 this time
[10:27] {dino} abtl hl s .01
[10:29] {+cc_9} offering .57 / .58 / .59
[10:30] {+cc_9} out CLF +$0.10
[10:30] {+cc_9} cash cow
01[10:30] {&Threei}  ok... what did I do to anger trading gods?
[10:30] {Will49} it's solar magnetic field Vad
[10:30] {Will49} let's blame it on that
01[10:30] {&Threei}  oh
01[10:31] {&Threei}  darn
[10:31] {Will49} magnetic field may have reversed
[10:32] {Will49} so you need to reverse your calls:)
[10:33] {nemo} Of late the indexes have been tight about 3 days a week...the other two have some range
[10:33] {Will49} knew a girl once like that
01[10:34] {&Threei}  lol
01[10:34] {&Threei} Short Setup: CAT  .90 break
[10:34] {+cc_9} it must have sucked getting her back wider than expected, Will
01[10:35] {&Threei}  If holds  84 
[10:35] {nemo} the old 2X4 technique
[10:35] {RonS} lol
[10:35] {nemo} Test for echo
[10:35] {+cc_9} test pass
[10:35] {nemo} can you clap?
[10:36] {+cc_9} let me find my black girlfriend
[10:36] {+cc_9} although, she might not use her hands
[10:37] {nemo} you can tell those tight range days by the banter in this room
[10:37] {+cc_9} Test for echo
[10:37] {nemo} Hey ese, you familiar with that?
[10:37] {RonS} rikola....
[10:37] {+cc_9} lol ron
[10:37] {nemo} what?
[10:37] {nemo} Les show up
03[10:37] * Retrieving #discussions modes...
[10:38] {+cc_9} CLF another low
[10:38] {nemo} that's number 1 on the algo weak list
[10:39] {+cc_9} long CLF tound 3 @ 26.35
[10:39] {+cc_9} getting close to intraday capitulation (volume rise)
[10:40] {Will49} welcome fellow Canuck
[10:40] {+cc_9} major tank now wow
[10:40] {Will49} cwa64
01[10:40] {&Threei}  die CAT
[10:41] {+cc_9} CLF should get a bounce to 26.40 now
[10:42] {dino} ctrp sm l .97
[10:43] {+cc_9} CLF come on get .25 bid already
[10:43] {+cc_9} i think that volume surge on selling @ 10:40AM gives some room for upside now
[10:44] {+cc_9} (easing selling pressure)
[10:44] {nemo} still, #1 weak cc
[10:44] {+cc_9} nope, recrash
[10:45] {nemo} coming into old resistance around 26
[10:45] {nemo} daily back in august
[10:46] {+cc_9} SPY catching some bids, see if helps CLF here
01[10:47] {&Threei}  FB, not ready for reversal yet but time to start watching
[10:48] {+cc_9} CLF come on you dog...get through .30
01[10:48] {&Threei}  SPY rejected at resistance
[10:48] {nemo} indexes weakening
[10:49] {nemo} X looks t way
[10:49] {nemo} two
[10:49] {+cc_9} SPY looking spooky with these seesaw moves
[10:49] {nemo} pivot .24
01[10:50] {&Threei}  FB, watching for short into bounce
01[10:50] {&Threei}  ideally, above .30
[10:51] {+cc_9} CLF looking crashish if cannot get through 26.25
[10:52] {+cc_9} uh oh CLF
[10:53] {+cc_9} SPY now coming down, CLF abou to get hurt
[10:53] {dino} luv, lcc spike
[10:53] {+cc_9} CLF did not participate on SPY bounce, will participate on the drop
[10:54] {+cc_9} AAMRQ dino
[10:54] {nemo} whoa only 20mil spy done
[10:54] {dino} lcc sm s .03
[10:55] {+cc_9} shorting dino ?
[10:55] {+cc_9} if shorting the pop nice
[10:55] {dino} cov lcc .75, +.28
01[10:55] {&Threei}  CAT's resilience is (insert derogatory term)
[10:55] {Will49} i second that
[10:56] {Will49} hate cats
[10:56] {+cc_9} AAMRQ WOWOWOW
[10:57] {dino} ugh lcc, dropped $1
[10:57] {dino} aamrq sp[ike
01[10:58] {&Threei}  grrr... missed FB entry point.
01[10:58] {&Threei}  .25 was it
[10:58] {dino} damn can't orrow aamrq
[10:58] {+cc_9} CLF come on...jesus christ
[10:59] {RonS} rev ike:  Come to Jesus!...
[10:59] {+cc_9} LCC halted
[11:00] {+cc_9} SPY drop, CLF held on slightly
[11:00] {RonS} $LCC movement on antitrust suit
01[11:00] {&Threei}  LCC LCC and AMR said to have reached settlement agreement with the US Govt over antitrust issues; deal announcement expected later today
[11:00] {+cc_9} CLF come on!
[11:00] {+cc_9} market going down, CLF going up, yes yes yes
[11:00] {+cc_9} get .25 bid you dog
[11:01] {RonS} something for nemo's sex life?:  Here are 8 remarkable things to see about Fibonacci and the golden ratio http://stks.co/err4
01[11:01] {&Threei}  lol
[11:01] {+cc_9} come CLF!
[11:02] {+cc_9} jee what a sob...hit .20 bid then .15
01[11:02] {&Threei}  can't believe FB got away
[11:02] {RonS} srpt 55% float traded...no bottom
[11:03] {nemo} Will should have a comment any second now
[11:03] {Will49} haha...same girl
01[11:03] {&Threei}  lol
[11:03] {nemo} been the same girl all his life
[11:03] {nemo} Rosy
[11:03] {Will49} if you only knew
[11:04] {nemo} frickin' chopfest
[11:04] {nemo} Ginsu market
[11:04] {+cc_9} nemo, CLF 1min, see a R H&S there
[11:05] {nemo} still #1 weak
[11:05] {+cc_9} breakout .25 bid
[11:05] {+cc_9} yes, but that's not what im talking about
[11:05] {nemo} but yes i do
[11:05] {+cc_9} im talking about the 1min chart setup
[11:05] {+cc_9} ok there
[11:05] {nemo} should get to between .40 and .50
[11:06] {+cc_9} :)
[11:06] {+cc_9} im unloading above .25
[11:07] {+cc_9} i have a big sell .31 but they saw and came back down :(
[11:09] {+cc_9} SPY falling, CLF holding up
[11:09] {+cc_9} needs through .30
[11:09] {nemo} lotsa' weak stocks today
[11:09] {+cc_9} RAX drilled
01[11:09] {&Threei}  {CAT} Will, you take that back. Only one cat hater is allowed in the room, and Les took that position
[11:10] {Will49} I'll never defer to Les
[11:10] {nemo} defecate on him, maybe
[11:10] {Will49} ok
[11:11] {Will49} defer/defecate...just go it nemo
[11:11] {Will49} got it
[11:11] {dino} cov abtl .77, +.24
[11:11] {nemo} blonde will?
[11:11] {Will49} no, i'm bald
[11:12] {+cc_9} CLF setting up for a break of .30
[11:12] {nemo} news on Rax?
[11:12] {nemo} it's amazing for all the stocks weak on the algo, the spy is holding so well
[11:13] {+cc_9} major wall CLF 26.30
[11:13] {+cc_9} needs to break this damn wall
01[11:13] {&Threei}  nothing today, RAX
[11:13] {nemo} something must be coming
[11:14] {Will49} there's always something coming
[11:14] {nemo} oh jeez
[11:14] {Will49} or somebody
[11:14] {RonS} rax had earnings last night...
[11:14] {nemo} ahhhh...Vadster slipping
[11:15] {+cc_9} ok, im raising my sells on CLF 26.35
01[11:15] {&Threei}  ?
[11:15] {+cc_9} i think she goes on this move
01[11:15] {&Threei}  I said nothing TODAY
[11:15] {Will49} sorry nemo...Les delegated me to keep on your case
01[11:16] {&Threei}  earnings was YESTERDAY
[11:16] {nemo} so
01[11:16] {&Threei}  get with the program, nemo
[11:16] {Will49} yeah nemo
[11:16] {nemo} you're taking marching orders from Les now?
[11:16] {+cc_9} CLF here we go baby
[11:16] {Will49} yup
[11:16] {nemo} oy
[11:16] {+cc_9} get that bid!
[11:16] {+cc_9} come on get it!
[11:16] {+cc_9} CLF booooyah
[11:17] {RonS} thinking that poor 3i's wife has never won an argument during entire marriage...
[11:17] {+cc_9} all out CLF
[11:17] {Will49} ron...wouldn't be so sure of that
[11:17] {Will49} Vad is really hen-pecked
[11:18] {Will49} he takes it out on we newbies in the room
[11:18] {RonS} ...then she should be a lawyer...
[11:18] {Will49} just kidding Vad :)
[11:18] {RonS} lol...nemo...newbie...pobrecito...
06[11:19] * &Threei hugs CAT and walks away, far away... to a remote mountain monastery...
[11:19] {Will49} lol
[11:19] {+cc_9} R H&S on CLF worked like a charm. I got the nemo approval on top of it.
[11:19] {+cc_9} CLF nearing 26.40
[11:20] {nemo} I wouldn't call it approval more like hallucinatory congruence
[11:20] {+cc_9} either way, i racked in cash
[11:21] {+cc_9} http://www.muddywatersresearch.com/research/nq/withholding-facts-conned-men-and-convicted-racketeer/
[11:21] {+cc_9} each time NQ opens up, Muddy submits a new report huehue
01[11:22] {&Threei}  he has a stack of them, and releases as needed
01[11:22] {&Threei}  timing is too impeccable
[11:22] {RonS} srpt 60% float traded
01[11:22] {&Threei}  can't be a coincidence
01[11:23] {&Threei}  (US) S&P: expect the current budget talks in Washington to be less acrimonous than the Oct budget fight
01[11:23] {&Threei}  really... total love-in in there
01[11:23] {&Threei}  (US) Fed's Lockhart: Employment and inflation are both far from meeting the Fed's dual mandates
01[11:24] {&Threei}  idiot
[11:24] {RonS} knife fight instead of swords...
[11:24] {nemo} Are you o.k.?
01[11:24] {&Threei}  they both are out of your reach
[11:24] {nemo} I'm far from o.k.
01[11:24] {&Threei}  lol
01[11:24] {&Threei}  Pulp Fiction is a popular source of quotes here, eh?
[11:24] {nemo} we're gonna' go medieval on his ass
[11:25] {nemo} yeah we have our own gimp
[11:25] {nemo} Frickin' Tarentino-guy has like a 180 IQ
01[11:26] {&Threei}  and you, you can't even spell his name...
[11:26] {goinshort} how about a cvs short?
[11:26] {nemo} can you spell mine?
[11:26] {RonS} m...i...n...e...
[11:26] {nemo} crickets
01[11:26] {&Threei}  rather looks long on .85 break, gs
[11:26] {nemo} nice Ron
01[11:27] {&Threei}  but too narrow for my taste
01[11:27] {&Threei}  I can, nemo... here: Mad Captain of Severely Under-Engineered Submarine
[11:28] {nemo} with one eye and fins
[11:28] {+cc_9} DDD anyone else see that nice long range entry at 76.20ish ?
[11:28] {+cc_9} 3x so far today
[11:28] {+cc_9} ATM
[11:31] {+cc_9} CLF } 26.40
[11:31] {+cc_9} no tears, only dreams now
[11:34] {+cc_9} http://i.imgur.com/dXWuM.gif
01[11:35] {&Threei}  THOO on watch for range top
01[11:35] {&Threei}  YHOO
01[11:36] {&Threei}  - Overnight, Fed hawk Fisher warned in a speech in Australia that Fed monetary accommodation was growing riskier by the day and may be approaching a tipping point. In addition, he said that recent jobs data has not been all that bad. This morning, former chief White House economist Austan Goolsbee said he believed there was a 50% chance that Fed might start to taper in December. Note that Fed Chairman designate Yellen will testify before the Senate on Thursday.
01[11:37] {&Threei}  CAT 1:1 close enough
01[11:37] {&Threei}  half out
[11:37] {Will49} cheater
01[11:37] {&Threei}  PIMCO Gross: Yellen may sound hawkish on Thursday to please the Senate, but her “optimal control” is Dovish with a capital D - twitter
06[11:38] * &Threei hugs CAT and slants at Will
[11:38] {Will49} will cowers in corner
[11:38] {dino} vsat
[11:38] {+cc_9} SRPT, im glad it crashed this much
[11:38] {+cc_9} i seriously have a grudge against this stock
06[11:39] * &Threei puts CAT behind the cover and reaches for AK-47 with "O am in deep contemplation" face expression
[11:39] {nemo} wow
[11:39] {Will49} see...patience
01[11:40] {&Threei}  CAT 1/4 more out
[11:41] {Alexs} stop to .81?
06[11:41] * &Threei regards his AK-47 with fake indifference and moves his sight at Will, kinfly inviting him to take back his negative view on cats
01[11:41] {&Threei}  .86, Alex
01[11:41] {&Threei}  to .81 after .70 loss
01[11:42] {&Threei}  HNR Trading halted; circuit breaker
01[11:43] {&Threei}  .81 now
[11:43] {+cc_9} LUV @ highs, LCC still halted
01[11:43] {&Threei}  this green/red/green/red can turn a bottom easily
01[11:44] {&Threei}  good kitty
[11:44] {RonS} luv must be getting some of their gates...
06[11:44] * &Threei looks at Will, questioningly raising his brow
[11:45] {RonS} 665 srpt float traded...
[11:45] {RonS} 66%
[11:45] {Will49} wha
[11:45] {Will49} wha?
01[11:46] {&Threei}  is it me or is this an epitome of idiocy:
[11:46] {dino} gtls sm l .82 wide
[11:46] {nemo} did Les say it?
01[11:46] {&Threei}  SRPT UPDATE: William Blair Cuts SRPT to Market Perform from Outperform
[11:46] {dino} vsat sm l .30 wide
[11:46] {nemo} that's Les' pen name
01[11:46] {&Threei}  lol
[11:47] {dino} lol, value added research
01[11:47] {&Threei}  no, really... are you serious, Blair?
[11:47] {Will49} hey...leave my friend alone
06[11:47] * &Threei shrugs, murmurs "I warned you" and opens the door of the cage, unleashing 30 hungry cats at Will and Les
[11:48] {nemo} iwm at pivot, spy less than .10 from Weekly pivot, FAS at yesterday's pivot and weekly pivot, might be an inflection coming
[11:49] {RonS} srpt interesting...show institutions holding 24.75 mil sh but only 880k worth of blocks today...
[11:49] {nemo} yep
[11:50] {dino} out vsat .00, +.70
[11:51] {Will49} nice dino
[11:51] {dino} ty willson
[11:51] {+cc_9} LCC just opened
[11:52] {+cc_9} swan dive then pop back to 24 ?
[11:54] {+cc_9} if feeling lucky, LCC is the ticket for you, high beta
[11:54] {Les} hey
[11:54] {Les} how goes it?
[11:54] {Will49} hey...welcome buddy:)
01[11:55] {&Threei}  hey Les
06[11:55] * Les slaps Will49 around a bit with a large trout
01[11:55] {&Threei}  OK... CAT is near 1:3
[11:55] {Will49} what? why me?
[11:55] {Les} Nemo is impersonating Will
[11:55] {Les} sure of it
[11:55] {+cc_9} long LCC 22.75 gamble trade
01[11:55] {&Threei}  decide whwther you want to be literal and wait for exact cent or cover it
[11:55] {+cc_9} looking for 23.40 tgt
01[11:55] {&Threei}  I am out here
[11:56] {Will49} just the way i taught you:)
[11:56] {Will49} discretion lad, discretion
01[11:56] {&Threei}  lol
[11:56] {+cc_9} LCC not for the faint of heart
[11:57] {+cc_9} LCC so far so good, need 23.20 for pop
[11:57] {Les} Had someone who wanted to smash my face in today at work
[11:57] {Will49} hey Les...nemo was bad-mouthing you earlier
[11:57] {Les} Laughing afterwards thinking Nemo will be disappointed
[11:57] {Will49} but i destryed him with my barbs
[11:57] {dino} fxa drop/aussie dollar
[11:57] {Les} GLD ready to let go
[11:57] {Will49} destroyed
[11:57] {RonS} ...that it's only one...
01[11:57] {&Threei}  lol
[11:58] {Les} well its not me personally Ron
[11:58] {Les} they want money from unemployment office
01[11:58] {&Threei} Short Setup: SLW  .20 break
[11:58] {Les} and when they don't get it...
[11:58] {+cc_9} LCC come on baby
[11:58] {+cc_9} get through 23.20!
01[11:58] {&Threei}  If holds  .27 
[11:59] {+cc_9} all out LCC +$0.42
[11:59] {RonS} gj
[11:59] {+cc_9} ty
[12:00] {dino} gj
[12:00] {+cc_9} LCC boom
[12:01] {+cc_9} no regrets...
01[12:01] {&Threei}  said cc_9 wiping tears off his cheeks
[12:01] {+cc_9} lol sob, you read me right
[12:02] {+cc_9} i cannot believe I sold so low
[12:02] {+cc_9} Its up $1.20 from my entry
01[12:03] {&Threei}  sigh
01[12:03] {&Threei}  CAT is my only friend
[12:04] {Will49} and Will
[12:04] {Will49} and I forgive you for releasing the cats on Les and I
[12:05] {dino} out gtls .41 partial, +.59
[12:05] {+cc_9} nice
[12:05] {+cc_9} LCC tanking again, worth watching
[12:06] {dino} 07 red
01[12:09] {&Threei} Long Setup:  YHOO  .05 break
[12:10] {Alexs} cc's trade :)
01[12:11] {&Threei}  change to 34 break
01[12:11] {&Threei}  If holds  .90 
[12:11] {+cc_9} SPY toilet flushing
[12:12] {+cc_9} meanwhile CLF holding up :) that bottom is in
[12:13] {Les} IWM .75 recross long for the DB?
01[12:14] {&Threei}  probably, if it gets there
01[12:14] {&Threei}  stop to .94 YHOO
01[12:17] {&Threei}  really? Elizabet Warren for president?
[12:17] {Alexs} lol who said?
01[12:17] {&Threei}  starts popping up as a candidate all over the place
[12:18] {Les} let half go at .07
01[12:18] {&Threei}  OWS favorite
01[12:18] {&Threei}  1:1
01[12:19] {&Threei}  stop to .99 and by the book from here
[12:23] {dino} gtls sm l .50
[12:30] {+cc_9} CLF duckcrash
[12:33] {+cc_9} CLF trying to double bottom here 26.10 range
[12:34] {Les} errandt print or someone just tripped all the short stops in iwm
[12:35] {Les} .75 recross works but it ignored it. took too long
[12:44] {Les} u buying clf cc?
[12:45] {Les} db for a 26 recross would be nice
[12:45] {dino} out gtls .13 ave 
[12:45] {dino} +.63
01[12:45] {&Threei}  wtg
[12:46] {dino} ty
[12:46] {dino} gappy sucker
[12:46] {+cc_9} sorry was phone
[12:46] {+cc_9} Les, if u bot close to 26 then u should be good
[12:52] {dino} taking a break
[12:52] {+cc_9} CLF nice bounce
[12:57] {+cc_9} CLF going stronKK
01[13:00] {&Threei} Short Setup: FB  .60 break
01[13:00] {&Threei}  If holds  .70 
01[13:01] {&Threei}  between 4 and 5 mil americans got dumped from their insurance plans; that's 10 times the number that managed to entroll through the website
[13:03] {Les} between 400 and 500k only got on board Obamacare?
01[13:03] {&Threei}  so far looks this way; official numbers should come today
[13:03] {Les} I'm curious how he'll spin it
01[13:04] {&Threei}  masterfully, I am sure
[13:04] {Alexs} lol
01[13:04] {&Threei}  400+K signed up fpr medicaid
01[13:05] {&Threei}  now, that's disaster in the making
[13:05] {Les} what's medicaid?
[13:05] {RonS} govt healthcare for 65+
01[13:05] {&Threei}  free care for elderly, sick
[13:06] {Les} previously covered or not covered?
[13:06] {RonS} not, due to pre-exisitng conditions...
[13:06] {Les} and not taken on by new insurance?
[13:06] {RonS} ?
[13:06] {Les} or dumped by old insurance etc?
[13:07] {Les} oh ok not...
01[13:07] {&Threei}  no one knows, it's a informational mess
[13:07] {RonS} prob couldn't afford it, now get subsidies...
01[13:07] {&Threei}  the bottom line is, people sign up for the free part and shy away from paid one
[13:07] {Les} yeh well health the next big debt bomb after govt.
[13:08] {RonS} eg...now $100/mo...
01[13:08] {&Threei}  as Tom Waits said... "we all want to know how it is going to end"
01[13:08] {&Threei}  although we do know
[13:09] {Les} managed to keep family costs round $600 per month here for a year or two now
[13:12] {Les} FDX testing the vwap here long entry potential
01[13:18] {&Threei}  half out FB
[13:22] {goinshort} les nice call on FDX thanks!
[13:22] {Les} np
[13:22] {Alexs} trail to .61?
01[13:22] {&Threei}  yes
[13:22] {goinshort} I'm out FDX
[13:23] {Les} nice bounce gj
[13:23] {+cc_9} hello
[13:24] {Les} merde
[13:24] {+cc_9} salut mec
[13:24] {Les} whaddya do when you are not raping markets cc?
[13:25] {drewj} he smokes
[13:26] {+cc_9} you know...stuff and things and such
[13:27] {+cc_9} i.e j'me branle
[13:27] {Les} branle?
[13:27] {+cc_9} anyone still eyeing RAX ?
[13:27] {Les} lol
[13:28] {Les} what a work of art is man...
[13:28] {RonS} show me her picture...
[13:42] {Les} just got swept on FB
01[13:44] {&Threei}  swept?
01[13:45] {&Threei}  1/4 is here still
01[13:45] {&Threei}  1:2
[13:45] {nemo} wfm
01[13:45] {&Threei}  life actually becomes good
01[13:45] {&Threei}  morning didn't look like that was in cards
[13:46] {nemo} what is good?
[13:46] {Alexs} it's still far from good though
[13:47] {nemo} ahhh mixing movie metaphors now
[13:47] {Alexs} lol
[13:47] {nemo} Yeah, Arnold's gonna' do another Conan
[13:47] {nemo} It's gonna' be called "
[13:47] {nemo} "Conan the Septugenarian"
01[13:47] {&Threei}  lol
[13:48] {nemo} Les would never have thought of that
[13:50] {+cc_9} hello
[13:50] {+cc_9} is it 4PM
[13:50] {nemo} I think the better question, is it late August?
[13:50] {+cc_9} need something to crash so i can wake up
[13:51] {+cc_9} SRPT should stop being a biotech and get into mining
[13:51] {+cc_9} this bi*ch is literally drilling underground on the 5min
[13:53] {nemo} was there news on that spy drop or did they just shut the robots off?
[13:54] {+cc_9} look @ how fast those drops nemo vs the bounces
[13:55] {+cc_9} i would not stay long for rest of day
[13:55] {+cc_9} my BTFD is off for now
[13:56] {nemo} chinese water torture market
[13:59] {+cc_9} SPY chart today simplified : http://img440.imageshack.us/img440/1226/adq.gif
[14:02] {barbo} walking silo  cool
[14:02] {dino} out dhi calls from yesterday +36%
[14:04] {RonS} gtls 91 day low....
[14:07] {nemo} mpc looks long like wfm did
[14:08] {+cc_9} CLF, here is hoping it tanks back to 26 for another momo trade
[14:11] {RonS} srpt lod...some stocktwits jagwad said he stuck 100k into  it and would go to 15...
[14:17] {dino} mpc sm s .00
[14:18] {dino} stop hod
[14:19] {+cc_9} im going to take a nap, hoping my forehead does not hit the hotkeys and crash the market
[14:22] {+cc_9} RAX going
[14:23] {+cc_9} 13:27 cc_9 anyone still eyeing RAX ?
[14:23] {+cc_9} I seriously hope you guys don't not do that.
[14:24] {RonS} value add:  Sarepta ($SRPT) Target Cut to $45 at Wedbush, Analyst Expects Larger Eteplirsen Trial http://stks.co/crmO
01[14:24] {&Threei}  lol
[14:24] {RonS} cc...dvn
[14:24] {+cc_9} ron, DVN is testing bottom on 60min (59.50)
[14:25] {+cc_9} RAX i like for upside
[14:25] {+cc_9} SRPT, i hope she keeps tanking and tanking
[14:26] {+cc_9} market needs to flush here
01[14:28] {&Threei}  ugh... FB 1:3 after rinsing last 1/4
01[14:30] {&Threei}  (US) Citadel Advisors' Griffin: I would break up the big banks if I could, Glass Steagall makes a tremendous amount of sense - CNBC
01[14:31] {&Threei}  uh oh... Griffin challenges me as proud carrier of the Captain Obvious title
[14:31] {Les} wowl GLD got whacked
[14:31] {+cc_9} "Mr Griffin, from Citadel has been found dead from what seems to be a heart attack earlier today in his manhattan apartment. He is survived by his wire, mistress and swiss account" 
01[14:32] {&Threei}  New reality show is launched: Watch Mr Griffin's wife and mistress fighting over hos swiss account
[14:32] {Les} wonder if SLW will finally give up here
[14:34] {+cc_9} GDX, eyeing support here till about .50 for a trade
01[14:35] {&Threei} Long Setup:  GLD  122 break
01[14:35] {&Threei}  If holds  .90 
[14:36] {+cc_9} MET is becoming my new fav "financial" to trade vs XLF
[14:37] {Alexs} Vad buying gold :)
[14:37] {+cc_9} Id recommend you folks keep it on your lists, very nice ticket
01[14:37] {&Threei}  lol... as if it were a first long play on GLD
01[14:37] {&Threei}  chnage to .90 break
01[14:38] {&Threei}  MET is one of our usual suspects
[14:38] {Alexs} no we tried today already lol
01[14:38] {&Threei}  together with AIG
[14:38] {+cc_9} ok coolio
[14:38] {+cc_9} NEM @ lows with high vol
01[14:40] {&Threei}  change to .85 break
01[14:40] {&Threei}  If holds  .75 
01[14:40] {&Threei}  1:1
[14:41] {dino} dwch drop
[14:41] {+cc_9} illiquid as hell
[14:43] {dino} stop mpc .15 -.15
[14:43] {+cc_9} NEM :)
[14:44] {+cc_9} http://images.4chan.org/pol/src/1384279762700.jpg
[14:45] {+cc_9} Obamacare new piece
[14:46] {RonS} freakin unreal...
[14:46] {RonS} ...these people have no shame...O and his minions...
01[14:46] {&Threei}  is this for real?
[14:47] {RonS} ...thought Clinton was bad, but mother theresa in comparison...
[14:48] {Les} well he is motivated, gotta give him that
01[14:48] {&Threei}  just wait till Warren gets into running, Ron... we will need the strongest puking reflex suppressor pharma came up with
[14:48] {RonS} elli running so hard might change name to forrest....gump...
01[14:50] {&Threei}  1:2
01[14:50] {&Threei}  come on Alex... agree that life is getting better
01[14:51] {&Threei}  maybe not as good as soviet childhood thanks to Stalin
01[14:51] {&Threei}  but still
[14:51] {Alexs} better but am still in red
01[14:51] {&Threei}  let GLD run to 1:4
[14:52] {Alexs} is it a prayer?
[14:52] {+cc_9} did you trade DDD Alex ?
01[14:52] {&Threei}  no, advice
[14:52] {Alexs} lol
[14:52] {Alexs} no cc I didn't
[14:58] {+cc_9} http://images.4chan.org/pol/src/1384282126480.jpg
[14:58] {+cc_9} more Obama
[14:59] {Les} gunning for mid terms... he's done double the fundraisers his predecessors have to fund this BS of his...
01[14:59] {&Threei}  1:4
01[14:59] {&Threei}  out
01[15:00] {&Threei}  better, Alex?
01[15:00] {&Threei}  I mean better yet?
[15:02] {+cc_9} he did not make the trade because he wants you to be angry today
[15:02] {Alexs} :)
01[15:02] {&Threei}  lol
[15:02] {+cc_9} Ron, did u get DVN on the support ?
01[15:02] {&Threei}  come on, how many 1:3ers and 1:3ers should I serve to deserve forgiveness?
01[15:03] {&Threei}  and 1:4ers
[15:03] {RonS} no cc...
[15:03] {+cc_9} when you hit a 1:20er, then we can think about it
01[15:03] {&Threei}  who took GLDF and rode it?
01[15:03] {&Threei}  GLD
[15:03] {+cc_9} ron, you and Alex go in the corner
[15:03] {dino} elli, what happened? get a bid?
[15:04] {+cc_9} $0.40 move on DVN, why no small piece !
[15:04] {RonS} ya eeli some kind of merger talk...
[15:04] {RonS} elli
01[15:05] {&Threei}  Ellie Mae Reportedly there are at least 3 private equity firms interested in the company - press- Silver Lake rumored to be one interested party *** Reminder: on 9/3 Said to have hired Morgan Stanley as advisor for sale process which is expected to start in the next few weeks
[15:05] {RonS} wonder how that dude that dumped 100k into srpt at 14 feels...
[15:05] {+cc_9} short the chatter
[15:05] {+cc_9} cover under $28.00
[15:06] {nemo} Ellie Mae looks horrible these days
[15:06] {RonS} 100% of srpt float traded...or 10%, ten times...
[15:07] {+cc_9} ELLI i seriously hope you guys shorted that hype
[15:07] {+cc_9} its going under 28
[15:08] {+cc_9} SRPT trading its highest volume ever for 1 day
[15:09] {+cc_9} 15:05 cc_9 short the chatter 15:05 cc_9 cover under $28.00
[15:09] {RonS} gtls 93 day low and dino made money twice going long...lol
[15:09] {+cc_9} ELLI { $28.00 :D
[15:11] {+cc_9} ok guys
[15:11] {+cc_9} calling it a day here
[15:11] {+cc_9} see you all tomorrow, enjoy your evenings!
[15:13] {+cc_9} forgot to post this before I left : http://finance.yahoo.com/q?s=SRPT131116P00030000
[15:13] {+cc_9} ok, now enjoy lol
01[15:19] {&Threei} Short Setup: GLD  .15 break
01[15:19] {&Threei}  If holds  .25 
[15:24] {Alexs} make sense change to .20 break?
01[15:25] {&Threei}  not yet
01[15:32] {&Threei} Short Setup: GLD  .25 break
01[15:33] {&Threei}  If holds  .35 
[15:37] {Alexs} valid?
01[15:39] {&Threei}  yes
01[15:41] {&Threei}  come on GLD, you need to end the day with panic
01[15:43] {&Threei}  Invalidated  
[15:43] {drewj} alright guys...have a good evening
01[15:43] {&Threei}  take care drew
[15:44] {drewj} ty
01[15:48] {&Threei}  OK guys, no more trades. Thank you all, I think we clawed our way back quite nicely
01[15:48] {&Threei}  have a good evening, see you tomorrow
[15:48] {goinshort} thanks V !!
01[15:49] {&Threei}  yw sir
[15:54] {dino} gn all