Monday, December 2, 2013

Dec 02 2013

Started the day with a few too many rinses but the second half even things out and took us in positive territory, with CAT and FB being heroes of the day.


Session Time: Mon Dec 02 00:00:00 2013
01[09:14] {&Threei}  wow... no one wants to wake up
[09:15] {Will49} gm
01[09:15] {&Threei}  will :)
01[09:22] {&Threei}  so, you may consider it good or bad news... but it seems we lost nemo to jury duty for a while
[09:22] {cc_9} Hope you all had a great holiday.
01[09:22] {&Threei}  cc9 :)
[09:23] {RonS} gm
01[09:23] {&Threei}  ron :)
[09:25] {robbers} Are you sure Nemo isn't the defendant?
01[09:25] {&Threei}  well... all I have to use is his own words :)
01[09:26] {&Threei}  oh boy GLD
01[09:27] {&Threei}  GDX too
01[09:30] {&Threei} Short Setup: GDX  .80 break
01[09:30] {&Threei}  If holds  .85 
[09:30] {cc_9} looking for a rally in NUAN today
01[09:30] {&Threei}  Invalidated  
01[09:30] {&Threei} Long Setup:  C  53 break
01[09:31] {&Threei}  If holds  .90 
01[09:31] {&Threei}  GDX is valid again
01[09:32] {&Threei}  stop .88
[09:32] {ese} morning
01[09:32] {&Threei}  ese :)
[09:32] {drewj} gm
01[09:32] {&Threei}  drew :)
[09:32] {drewj} hey ese
[09:32] {ese} D
01[09:33] {&Threei}  C 1:1 if you got it
[09:33] {Will49} haha
[09:33] {drewj} not a chance
01[09:33] {&Threei}  thought so :)
[09:34] {Will49} even my lightning fast hover missed it:)
01[09:34] {&Threei}  GDX stop to .86
01[09:34] {&Threei}  C 1:2, dirty rotten scoundrel
[09:35] {cc_9} ARIA going
[09:35] {cc_9} long NUAN 13.50
01[09:35] {&Threei}  for 1:3 I don't even have suitable vocabulary
01[09:35] {&Threei}  GDX, cover half
01[09:35] {&Threei}  stop to .81
[09:36] {cc_9} looking for .65ish support GDX for long trade
01[09:37] {&Threei} Short Setup: C  .25 break
01[09:37] {&Threei}  If holds  .32 
[09:39] {cc_9} NUAN so far so good
[09:39] {cc_9} need a 13.80 break for rally
01[09:40] {&Threei}  come on C, you are ready
01[09:40] {&Threei}  GDX top to .76
01[09:40] {&Threei}  stop
01[09:41] {&Threei}  meh
[09:43] {cc_9} NUAN catching bids, target } $14.00
[09:46] {cc_9} C tank, nice.
01[09:46] {&Threei}  ugh
[09:46] {cc_9} SPY crashish
[09:47] {cc_9} long GDX 21.71
[09:48] {cc_9} 09:36 cc_9 looking for .65ish support GDX for long trade
[09:48] {cc_9} GDX lod .66
01[09:48] {&Threei} Long Setup:  FB  .65 break
01[09:49] {&Threei}  If holds  .57 
01[09:53] {&Threei}  stop to .59
[09:53] {cc_9} NUAN working, GDX being a dog
[09:55] {cc_9} NUAN closing in on HOD
01[09:55] {&Threei}  half out
01[09:56] {&Threei}  stop to .64
01[09:56] {&Threei}  FB is nervous trader today
[09:59] {cc_9} ISM #s out
01[09:59] {&Threei}  *(US) NOV ISM MANUFACTURING: 57.3 V 55.0E; PRICES PAID: V 55.0E
01[09:59] {&Threei}  *(US) OCT CONSTRUCTION SPENDING M/M: 0.8% V 0.4%E
01[10:01] {&Threei}  sub indices look decent
01[10:01] {&Threei}  Sub Indices: - New Orders Index: 63.6 v 60.6 prior (highest since April 2011) - Production index: 62.8 v 60.8 prior - Employment Index: 56.5 v 53.2 prior - Inventories index: 50.5 v 52.5 prior
[10:02] {ese} L clf .92
[10:02] {cc_9} SLV killed
01[10:02] {&Threei}  look at GLD
[10:05] {cc_9} NUAN go go go
[10:05] {cc_9} vol spike NUAN + new session highs
[10:07] {cc_9} the dip, the dip always needs to be bot
[10:07] {cc_9} SPY spike back up
[10:09] {cc_9} NUAN run you dog run!
01[10:14] {&Threei} Long Setup:  GLD  .60 break
01[10:15] {&Threei}  If holds  .50 
[10:15] {cc_9} NUAN slow and steady :D
[10:16] {cc_9} } $13.70
[10:16] {ese} in gld
[10:16] {ese} .61
[10:17] {cc_9} NUAN you can literally see the accumulation on the 15min chart
[10:23] {cc_9} FB spooky
[10:24] {cc_9} NUAN taking a breather
01[10:26] {&Threei} Long Setup:  C  .40 break
01[10:26] {&Threei}  If holds  .30 
[10:30] {ese} gld......maddening
06[10:32] * &Threei kicks C in the rear
[10:33] {ese} how bout gld
01[10:34] {&Threei}  it rinsed me
[10:35] {ese} hmmmmm
[10:36] {ese} gold rinsed .50 -.11
01[10:36] {&Threei}  10:24? printed under .50?
[10:41] {ese} had it lower than that .45....raised it to .50
[10:41] {ese} now look at it
01[10:42] {&Threei}  gotta switch to buying pullbacks insteadf of breaks
01[10:42] {&Threei}  light holiday trading'
[10:43] {cc_9} NUAN,  ok, that was enough breather...
01[10:46] {&Threei} Long Setup:  C  .30 break
01[10:46] {&Threei}  If holds  .25 
01[10:55] {&Threei}  56% Expect HealthCare System To Get Worse Under New Law
01[10:55] {&Threei}  waking up, eh?
[10:56] {cc_9} NUAN meh...crapping the bed when it should be surging over $13.75
01[10:57] {&Threei}  Large groups of stupid people can accomplish stupid things that an individual stupid person is too stupid to even dream of.
[10:59] {ese} lol
[11:00] {RonS} really not funny to me...wife's "grandfathered" plan cost jumped 44% to $721/mo.
01[11:01] {&Threei}  happens all over the country ron
[11:01] {cc_9} FB volume spike
01[11:02] {&Threei}  meh C
[11:02] {drewj} not my day today
01[11:02] {&Threei}  not anyones thus far
[11:02] {Will49} is it anybody's day?
[11:03] {RonS} what really pisses me off are these bozos who get on tv and say "there will be some individual disruptions but everyone will be better off"
01[11:03] {&Threei} Short Setup: SLW  .05 break
[11:03] {Will49} oh wait.... it's always cc's day
01[11:03] {&Threei}  If holds  .10 
[11:03] {RonS} so, now i've gone from being a folk to being an individual disruption
01[11:04] {&Threei}  agenda-selling liars and ignorant ideologists
01[11:04] {&Threei}  make your pick
[11:07] {cc_9} long FB here on pullback 46.45
[11:08] {ese} not sure it get your point vad
01[11:08] {&Threei}  about what?
[11:08] {ese} agenda selling liars etc
[11:08] {ese} what are we refering to there
01[11:08] {&Threei}  [11:03] {RonS} what really pisses me off are these bozos who get on tv and say "there will be some individual disruptions but everyone will be better off"
01[11:08] {&Threei}  [11:04] {&Threei} agenda-selling liars and ignorant ideologists
[11:09] {cc_9} Ron, there will be some individual disruptions, but everyone will be better off.
[11:09] {ese} am missing something here whos lying about what?
01[11:09] {&Threei}  you seem to be reading selectively ese :)
01[11:09] {&Threei}  read whole exchange about healthcare law
01[11:10] {&Threei}  it will be clear
[11:10] {ese} maybe ...what did i miss
[11:10] {ese} ahhhh
01[11:10] {&Threei}  [11:00] {RonS} really not funny to me...wife's "grandfathered" plan cost jumped 44% to $721/mo.
01[11:10] {&Threei}  [11:01] {&Threei} happens all over the country ron
[11:11] {RonS} now we know how he got through war & peace...
01[11:11] {&Threei}  lol
[11:11] {ese} ha ha ....ha ha
[11:14] {cc_9} NUANA there she goes!!
[11:14] {cc_9} NUAN*
[11:15] {cc_9} NUAN big block trade, lets goooooooo
[11:17] {RonS} oh the melodrama.....ripped a whole 6 cents...its like watching a telenovela...
01[11:17] {&Threei}  lol
01[11:17] {&Threei}  cover half SLW
01[11:17] {&Threei}  stop to .06
01[11:18] {&Threei}  Amazon's faint gains have evaporated this morning as the news frenzy about CEO Bezos's drone service gives up ground to news the US Supreme Court will not hear a challenge to state sales taxes on online sales brought by Amazon and Overstock
01[11:18] {&Threei}  that drone thing is so out there
[11:19] {cc_9} Ron, it indeed is melodrama when its 5k shares :)
[11:19] {cc_9} every penny counts
[11:20] {cc_9} Ill check back when its over $14.00 ;)
[11:21] {cc_9} NUAN @ new session highs :)
01[11:28] {&Threei}  so where exactly the Amazon drone is supposed to drop the package?
01[11:29] {&Threei}  on your porch? balcone?
01[11:29] {&Threei}  balcony
01[11:29] {&Threei}  what about office building?
01[11:36] {&Threei}  let's do it, SLW
01[11:36] {&Threei}  really time to have some real mover
01[11:36] {&Threei}  these tiny scalps are annoying
[11:40] {cc_9} So I went to a gun show this weekend and picked up a few items
[11:40] {cc_9} H&K P30 and a KelTec KSG
[11:41] {RonS} guessing santa skipping your house...
01[11:42] {&Threei}  santa is scared of guns?
[11:43] {cc_9} if by Santa you meet rabid colored teens, then yes.
01[11:43] {&Threei}  SLW is at critical junction
[11:45] {cc_9} GLD vol spike
01[11:45] {&Threei}  still holding support
[11:47] {cc_9} nvm, that vol spike was error
01[11:49] {&Threei} Long Setup:  CAT  .55 break
01[11:49] {&Threei}  If holds  .45 
[11:51] {cc_9} NUAN time to break out
01[11:56] {&Threei}  half out CAT
01[11:57] {&Threei}  SLW new low
01[11:57] {&Threei}  will trail stop after .90 loww
01[11:57] {&Threei}  loss
01[12:00] {&Threei}  *(IT) ITALY NOV NEW CAR REGISTRATIONS Y/Y: -4.54% V -5.6% PRIOR
01[12:00] {&Threei}  hey, that's improvement
01[12:00] {&Threei}  we are losing slower than we used to
01[12:00] {&Threei}  CAT stop is .54 now, of course
01[12:02] {&Threei}  (GR) Fitch affirms Greece sovereign rating at B-; outlook Stable; there has been no repetition of the protracted delays in EU-IMF disbursements that marred previous years. Near term, Greece is fully funded until February 2014. Fitch acknowledges that there are programme funding shortfalls of EUR11bn in 2014-15, but believes various options should be available to address these
01[12:02] {&Threei}  oh boy
01[12:03] {&Threei}  think what they are saying
01[12:03] {&Threei}  outlook is stable because they are being given money with no protracted negotiations now; they still need a lot, but we think they will be given out anywasy
01[12:04] {&Threei}  that's great outlook eh?
01[12:04] {&Threei}  CAT 1:2
01[12:04] {&Threei}  finally something moves for more than a scalp
01[12:15] {&Threei}  SLW stop to .01
01[12:16] {&Threei}  CAT balance closed ona trail
01[12:16] {&Threei}  drew, breathing a bit easier?
[12:16] {cc_9} SLV about to crack lows
[12:16] {drewj} well
[12:17] {drewj} i'm still down a bunch so far
[12:17] {drewj} i had a problem with my order for cat and I only got filled 100 shares.
[12:18] {drewj} had I gotten my original order for 500 i would be a lot closer to breaking even
01[12:24] {&Threei} Long Setup:  FB  .60 break
01[12:24] {&Threei}  If holds  .55 
01[12:24] {&Threei}  tight stop, but this is aggressive entry for .65 break
[12:25] {cc_9} CAT seeks to cancel listing on Frankfurt Stock Exchange
[12:28] {cc_9} News out, GDX going to Zero, bitcoin to become the new Gold standard.
01[12:28] {&Threei}  lol
01[12:28] {&Threei}  first I can believe
01[12:28] {&Threei}  second, well...
[12:31] {cc_9} NUAN at last...AT FREAKING LAST, come up, pick up
01[12:33] {&Threei}  half out FB
01[12:33] {&Threei}  stop to .59
[12:36] {drewj} anyone get killed on that one?
[12:36] {drewj} holy crap that was fast
01[12:36] {&Threei}  killed?
01[12:36] {&Threei}  .58 fill on the way out
[12:37] {drewj} ok not killed
[12:37] {drewj} it just happened fast
[12:54] {Les} hey ya bums how r ay
[12:54] {Les} ya
01[12:54] {&Threei}  hey Les
01[12:54] {&Threei}  lost nemo to jury duty
[12:54] {Les} Nemo lost...
[12:54] {Les} end of stroy
[12:54] {Les} story
[12:54] {Les} think I remember a film by th e same title...
[12:55] {Les} lost will too
01[12:55] {&Threei}  nah... you sre mixing Lost and Finding Nemo
01[13:00] {&Threei} Short Setup: GDX  .30 break
01[13:01] {&Threei}  If holds  .38 
[13:01] {cc_9} ballsy trade
01[13:03] {&Threei}  stop to .36
01[13:04] {&Threei}  1/4 more out SLW
01[13:05] {&Threei}  stop to .96
01[13:06] {&Threei}  1/2 out GDX
01[13:06] {&Threei}  stop to .31
[13:08] {drewj} missed the exit
01[13:11] {&Threei}  should give you another chance now
[13:12] {cc_9} IWM punished today
[13:12] {drewj} half out at .24
[13:12] {drewj} couple of bucks
01[13:14] {&Threei}  Microsoft Corp New, unified operating system version due in Spring 2015 to be codenamed "Theshold" - tech blogs- Threshold designed to unify Xbox, Windows, and Windows Phone
[13:14] {cc_9} Looking for an entry in IWM on this SPY pullback. 
[13:17] {cc_9} CAMT positive mention @ SA
[13:22] {cc_9} SLV going to $0.00 at this rate
01[13:25] {&Threei}  until last goldbug on the god's green earth dives up or dies starving, these pm names are in downtrend
01[13:27] {&Threei}  http://www.adweek.com/adfreak/dominos-tests-delivery-pizza-remote-controlled-drone-150259
[13:27] {cc_9} Itching to short CAMT on thsis big pop for a pullback under 4.70
[13:29] {cc_9} IWM garbagish
[13:34] {cc_9} oh what the hell, short CAMT 4.92, will look to add over $5.00 if needed
[13:43] {Les} CAMT DT
[14:06] {cc_9} die CAMT die
[14:06] {cc_9} under 4.80 would be great
[14:06] {cc_9} when it dumps, it dumps fast
[14:08] {cc_9} limit to cover partial 4.86, cost 4.98, threading careful with this hype stock
[14:10] {RonS} sewing just like you momma taught ya?
[14:10] {RonS} your
01[14:10] {&Threei}  lol
[14:10] {cc_9} IWM nonstop tank
[14:10] {cc_9} CAMT damn it, fail already
01[14:15] {&Threei}  TNA, should do one more dive ans finally recover some
01[14:15] {&Threei}  prepare half lot
[14:17] {cc_9} CAMT $$$$$$$$
[14:17] {Les} quick exit cc
[14:17] {cc_9} i got out partial 4.86
[14:17] {cc_9} i got order pending 4.76 for rest
[14:18] {cc_9} here comes the crash :D
01[14:18] {&Threei}  TNA got away
01[14:18] {&Threei}  grrr
[14:18] {Les} yeh bid for .06 ignored no 2nd entry
[14:20] {cc_9} sob, skipped my last fill by a penny
[14:20] {cc_9} waiting for second flush, keeping the .76 in
[14:20] {Les} .76?
[14:20] {cc_9} read up Les
[14:20] {Les} hehe had 100 lined up here too
[14:20] {Les} yeh yeh
01[14:26] {&Threei} Short Setup: CAT  .45 break
01[14:26] {&Threei}  If holds  .55 
[14:40] {Les} FB
[14:41] {cc_9} GDX wow...
01[14:42] {&Threei}  yeah
[14:43] {cc_9} falling apart
01[14:45] {&Threei}  half out CAT
[14:47] {cc_9} holy shit NUGT
[14:47] {Les} Where's their messiah now...
01[14:47] {&Threei}  told ya... till last drop of goldbugs' blood
01[14:48] {&Threei}  gold goes under $1000
01[14:48] {&Threei}  accompanied by screams "manipulation, paper money" etc
01[14:49] {&Threei}  unless WW3 breaks out, I see no way for gold to remain hold 1000
01[14:50] {&Threei}  GDX under July low
01[14:50] {&Threei}  GLD is still above it but not for long, IMO
[14:50] {cc_9} massive pain being felt on NUGT today
[14:51] {cc_9} NUGT all time lows, gona crash to $7.00 then reverse split
[14:51] {cc_9} CAMT about go to gorilla
[14:54] {cc_9} the ape has been activated
01[14:59] {&Threei}  lol
01[14:59] {&Threei}  good kitty
01[14:59] {&Threei}  drop more
01[15:00] {&Threei}  1:2
01[15:00] {&Threei}  1/4 more out
01[15:00] {&Threei}  come on drew, tell me you are breaking even finally
01[15:00] {&Threei}  a few trades worked
[15:02] {cc_9} CAMT, come on dumpers...sell  here and take your money!
01[15:02] {&Threei}  frikin GDX, ruinsed our second half
01[15:06] {&Threei}  stop to .21
01[15:06] {&Threei}  let's chock it
01[15:06] {&Threei}  no need to sit through the bounce when we are almost at 1:3
01[15:06] {&Threei}  too bad Will left, he would be totally in love with CAT by now
[15:07] {Les} first time I remember CAT giving so much sugar
01[15:07] {&Threei}  get 1:3 earlier on long too
01[15:07] {&Threei}  or 1:2, don't remember
01[15:07] {&Threei}  told ya... real men love cats
[15:07] {nemo} Well...did my frickin' civic duty
01[15:08] {&Threei}  already??
[15:08] {nemo} Yeah
01[15:08] {&Threei}  cool
01[15:08] {&Threei}  welcome back
01[15:08] {&Threei}  we missed you
01[15:08] {&Threei}  Les cried
[15:08] {nemo} You lie
01[15:08] {&Threei}  I do
[15:08] {nemo} I need a frickin' shower
01[15:08] {&Threei}  but why not... president does
01[15:08] {&Threei}  why not I
01[15:09] {&Threei}  1:3 CAT
01[15:09] {&Threei}  my a$$ is out
[15:09] {Les} want more from kitty
[15:09] {nemo} Yeah, had insomnia last night and I'm sitting there trying to stay awake....oy
[15:09] {Les} kicking its ass
[15:09] {nemo} how's day going
[15:09] {nemo} ?
01[15:10] {&Threei}  not bad
01[15:10] {&Threei}  morning was tough
01[15:10] {&Threei}  then evened out
[15:10] {nemo} mmhhh, I see IWM bottomed at the Weekly S1 here
01[15:14] {&Threei}  CAT 1:4
01[15:14] {&Threei}  you held it Les?
[15:14] {Les} yeh that'll do
01[15:14] {&Threei}  wtg
[15:14] {Les} kicking CATS works better
01[15:15] {&Threei}  don't you dare... it's our today's saver
[15:15] {Les} outta here couple of weeks at least. got some other stuff to take care of. Back when I've got a full acount ready. a+
01[15:16] {&Threei}  another vacation junkie
[15:16] {nemo} wow, early Xmas present
01[15:16] {&Threei}  lol
01[15:16] {&Threei}  come in nemo, you'll miss him
01[15:16] {&Threei}  in = on
[15:17] {nemo} oh yeah, forgot I have to take my father to Dr. on Wednesday...that's a frickin' drive
[15:18] {goinshort} Nice call on the CAT !!!  took it all the way down ..  Nice way to end year !!!
01[15:18] {&Threei}  :)
[15:20] {goinshort} goin  goin  gone Be back in January .....
01[15:21] {&Threei}  take care gs
01[15:21] {&Threei}  have a great holiday
01[15:21] {&Threei}  in whatever flavor you have it :)
[15:21] {goinshort} straight vodka only !!!
01[15:22] {&Threei}  my favorite kind
[15:25] {drewj} i'm almost to break even...anything else on the agenda?
01[15:25] {&Threei}  looking at SLW for .70 break
01[15:25] {&Threei}  trying to make up my mind about this one
[15:26] {drewj} ok
01[15:26] {&Threei}  if you haven't missed that first CAT trade, you'd be in the black by now...
[15:26] {drewj} the kids are off school today also...makes concentration hard
01[15:27] {&Threei}  SPY comes unhindged
[15:27] {cc_9} SPY all out crash
01[15:28] {&Threei} Short Setup: SLW  .70 break
01[15:28] {&Threei}  If holds  .76 
[15:34] {cc_9} TNA tempting
[15:37] {cc_9} SPY bounce, grabbing some UPRO into EOD
[15:42] {cc_9} Banks ultraweak
[15:42] {cc_9} C @ fresh lows
01[15:51] {&Threei}  out flat
01[15:51] {&Threei}  ok guys, thatnk you all, have a good evening
01[15:51] {&Threei}  see you tomorrow
[15:51] {drewj} bye vad