Friday, December 20, 2013

Dec 20 2013

Very quiet day with very few trading opportunities. Won a few in the morning, lost a few in the afternoon. Overall, we have finished a very nice week with 4 strong days -  remarkable for the FOMC week and holiday trading.


Session Time: Fri Dec 20 00:00:00 2013
[08:59] {dino} gm
[08:59] {nemo} ow
01[08:59] {Threei}  morning dino
[08:59] {nemo} http://huff.to/JagLnq
[09:01] {dino} lol, n. korea threatens s. korea by fax
[09:02] {dino} what next, facebook badmouthing?
01[09:02] {Threei}  ouch... that'll show them
[09:04] {nemo} looks like spy div. about .90
[09:05] {nemo} pivots will be off accordingly
[09:06] {barbo} GM
01[09:06] {Threei}  barbo :)
[09:07] {RonS} hi guys
01[09:08] {Threei}  ron :)
[09:08] {nemo} Mr. senseofhumor.....not!
[09:11] {RonS} have a lot of respect here for Camille Paglia...says the Duck dude's firing is a free speech and freedom of religion issue...smacks of thought control and Stalin...
01[09:15] {Threei}  - S&P cut Supranational European Union by one notch to AA+ from AAA-
[09:15] {Will49} gm
01[09:15] {Threei}  seriously? it was ytiple a up to now?
01[09:15] {Threei}  will :)
[09:22] {nemo} bfd
[09:23] {cc_9} Good morning guys.
[09:23] {cc_9} Lets end the week with a bang
01[09:23] {Threei}  cc9 :)
[09:24] {nemo} could take that a coupla ways
01[09:24] {Threei}  who... ah, never mind
[09:24] {nemo} rht ripping
[09:25] {nemo} setting up a siri trade there Knuckles?
[09:25] {RonS} aria...huge volume gap 18% float short
[09:28] {cc_9} small bio = death
[09:28] {nemo} srpt
[09:28] {cc_9} :(
[09:28] {cc_9} thanks nemo
[09:28] {nemo} think about how you can die each day
[09:30] {ese} gm
01[09:30] {Threei}  ese :)
[09:31] {nemo} rht coming in
[09:31] {nemo} S&P rebalancing today
[09:31] {nemo} gonna' be messy a bit
[09:33] {cc_9} ORMP massive ramp
01[09:33] {Threei} Long Setup:  GLD  .30 break
01[09:34] {Threei}  If holds  .24
[09:36] {nemo} RHT cc
01[09:36] {Threei}  1:1
[09:37] {cc_9} Keeping eye on ORMP for possible short on profit taking
[09:38] {cc_9} ORPM nuts
[09:39] {dino} brli sm l .50
[09:40] {cc_9} ORMP small short here, looking for under 12.50 profit taking
[09:40] {cc_9} no single pullback since the open yet
[09:41] {dino} kmx sm l .05, pulp-type
[09:41] {cc_9} ORMP SS so far so good, need a little more downside
[09:42] {cc_9} limit to cover 12.45 from 13.38 short
[09:43] {cc_9} all out ORMP short +$0.89
[09:44] {dino} gj
[09:44] {thomcbell} wow
[09:45] {cc_9} ty
[09:46] {dino} stop brli .20 -.30
[09:47] {cc_9} imo ORMP flushes under $12.00
[09:47] {nemo} 23.6 just above 12
[09:49] {cc_9} ORMP losing steam
01[09:49] {Threei} Short Setup: JPM  .48 break
01[09:49] {Threei}  If holds  .55
[09:50] {dino} ormp smr s .42
[09:50] {RonS} Canada's top court unanimously strikes down country's prostitution laws
[09:50] {nemo} or else they'd have to arrest all the politicians
[09:51] {nemo} I wonder if the knee replacement rate among politicians is higher than the general population?
[09:51] {cc_9} F coming in
01[09:52] {Threei}  1:1
[09:52] {cc_9} ARIA more pop, news just out
[09:52] {cc_9} FDA headline
01[09:54] {Threei}  Ariad Pharmaceuticals Inc Reportedly receives US approval to bring back Iclusig (Ponatinib) to the US market; sales to begin in January on narrower label terms - financial press- Reminder: earlier this month chatter circulated that FDA may lift ban on Iclusig
[09:54] {ese} anybody watching KMX......will be into this with avengence when it looks bullish....news couldn't be better and it's dn 4 bills.....dino classic for you
[09:54] {dino} stop ormp .65 -.23
[09:54] {ese} kmx dino
[09:55] {dino} in it .05
[09:55] {dino} missed by 1 cwent
[09:56] {dino} cent too
[09:56] {ese} :)
[09:56] {cc_9} ORMP can't get a second leg up, down she goes under $12.00
[09:56] {dino} ormp rinsed
[09:56] {ese} possible 5 dollar upside sits well with me
[09:57] {ese} L kmx .01
[09:57] {cc_9} ORMP come on $11s!
[09:59] {dino} cc9 think you're right, but pulp mover, all over the place
[09:59] {cc_9} yes, but upside is done, look @ volume
[09:59] {cc_9} once cracks $12.00 more flushathon
[09:59] {cc_9} i already covered, but still think she goes sub 12
[09:59] {cc_9} ARIA gorilla mode engaged
01[10:01] {Threei} Short Setup: GDX  .50 break
[10:01] {dino} ormp sm s .12
[10:01] {cc_9} ORMP officially under $12.00 niceeeeee
[10:01] {cc_9} BINGO!
[10:02] {cc_9} read like a children's book, hope yall made some bang on that short trade
[10:03] {cc_9} ARIA dump @ open
01[10:04] {Threei}  halt
01[10:04] {Threei}  New edition of Rob Ford bobble heads on sale in Toronto
[10:05] {Will49} stocking stuffers oh boy!
[10:05] {cc_9} ARIA circuit breaker, too many dumpers @ the gate post initial halt, hehe
01[10:06] {Threei}  Ron, you need canadian tv channel... endless source of entertainment
01[10:06] {Threei}  you should see the line of prostitutes coming to microphone now... one is more ugly than another
01[10:08] {Threei} Short Setup: CAT  .40 break
01[10:08] {Threei}  If holds  .50
[10:09] {cc_9} ARIA dumpathon
[10:09] {cc_9} opens for 1 second, halts again LOL
01[10:09] {Threei}  these circuit break halts are beyond idiotic
[10:10] {dino} whats news aria?
01[10:10] {Threei}  [09:54] {Threei} Ariad Pharmaceuticals Inc Reportedly receives US approval to bring back Iclusig (Ponatinib) to the US market; sales to begin in January on narrower label terms - financial press- Reminder: earlier this month chatter circulated that FDA may lift ban on Iclusig
01[10:10] {Threei}  Invalidated  GDX
[10:10] {dino} ty
[10:12] {cc_9} look @ where they are trying to price ARIA pre-halt again lol
[10:14] {cc_9} ARIA opens again
[10:14] {RonS} kmx sm l 48.15
01[10:16] {Threei}  Invalidated  CAT
[10:17] {cc_9} ARIA pegged at 6.50
[10:19] {ese} L kmx avg .55
01[10:19] {Threei} Short Setup: RIG  .20 break
01[10:19] {Threei}  If holds  .30
[10:20] {thomcbell} ormp somewhat stabiliizing here
[10:20] {thomcbell} cat still interests me here vad
[10:21] {cc_9} ARIA roid rage
01[10:21] {Threei}  kond of shapeless, CAT
[10:21] {dino} ron, nice kmx entry
[10:22] {RonS} maybe
[10:22] {dino} yeah, toughy
[10:23] {cc_9} ARIA pulled over for road rage, halted again
01[10:23] {Threei}  lol
[10:24] {ese} lol
[10:24] {RonS} qiwi green
[10:25] {cc_9} "if I had a son, he would look like ARIA"
[10:26] {Will49} egad
[10:26] {cc_9} you made me type that thinking it was a symbol
[10:26] {cc_9} Will = master ruseman 2013
[10:26] {RonS} lol
[10:26] {Will49} pleased to entertain
[10:27] {cc_9} ARIA = chimera
[10:27] {cc_9} mix between ape and goat
[10:27] {dino} cov ompl .82, +.30
[10:28] {ese} l kmx avg
[10:28] {ese} .23
[10:29] {cc_9} GDX goating
[10:29] {cc_9} ARIA slappathon
[10:33] {cc_9} fwiw, BEAT is breaking out on 60mins
[10:34] {nemo} careful around FB going into the S&P 500
[10:36] {dino} kmx sm l .00
[10:36] {ese} 48 the rallying point for kmx i wonder
[10:36] {dino} we shall see
[10:37] {cc_9} nice bids KMX
[10:37] {cc_9} watching ARIA closely if loses $6.50 for another round
[10:38] {ese} 7k at .30 offer.....
[10:38] {cc_9} dino, good job on KMX, what entry did you get ?
[10:38] {ese} gone
[10:38] {cc_9} GDX flying
[10:39] {cc_9} ARIA hit hard
[10:39] {cc_9} 6.50
[10:40] {nemo} this is yesterday's high in the iwm
[10:41] {ese} out kmx .83 +.50 on 800shs
[10:41] {Will49} nice ese
[10:41] {cc_9} out ARIA for $0.13
[10:41] {cc_9} cash cow
[10:41] {ese} tks
[10:41] {cc_9} beautiful plays on KMX guys
[10:42] {dino} have to leave for hour or so
[10:42] {ese} this thing ain't done.......i smell nice swing trade here
[10:43] {ese} gonna wait for it to settle
[10:47] {ese} ron.....you still in kmx
[10:47] {RonS} yes
[10:47] {cc_9} KMX looks really good here
[10:47] {ese} what are ya thinkin....day trade/swing trade?
[10:48] {RonS} day here
[10:48] {cc_9} all depends if can crack 49.00 could get some nice legs from there
[10:48] {ese} :)
[10:49] {RonS} think this negative reaction is due to them moving into financing...see it breaking 200 day at least...meantime all depends is right...
[10:49] {Will49} come on...shake the rig-or-mortice
[10:50] {nemo} looks short here to 47.43
01[10:51] {Threei}  1:1
01[10:51] {Threei}  that was complicated one, will
[10:51] {cc_9} ARIA is a freaking cash cow
[10:51] {cc_9} i just put $6.50 limit buys
[10:51] {cc_9} and $6.60 limit sells
[10:51] {ese} Carmax Inc Reports Q3 $0.47 v $0.48e, R$2.94B v $2.90Be- Reaffirms FY14 capex guidance at $300M, to open superstores (prior capex $300M) - Total used unit sales +10% - Total wholesale unit sales +4% - Used unit sales in comparable stores +10% - Total Gross profit per unit $3,081 v $$3,211 y/y - Used vehicle ASP $19.5K v $19.3K y/y - New vehicle ASP $27.4K v $
[10:51] {cc_9} Helicopter_CC_9
[10:54] {cc_9} ese is a KMX basher
[10:54] {cc_9} everyone, throw things at him
[10:54] {cc_9} he is working for evil MM to bring price down
[10:54] {cc_9} LOCK THE FLOAT COMRADES
01[10:54] {Threei}  to buy on a cheap?
[10:54] {ese} wha da ya mean kmx basher
[10:55] {cc_9} ese, its a joke
[10:55] {cc_9} when u posted the ER, the stock tanked
[10:55] {ese} got that
[10:55] {cc_9} 3I, egzactly
[10:55] {cc_9} oh, so you got it, bust just wanted to ask, cute :)
[10:55] {cc_9} ARIA dumpish
[10:57] {ese} L kmx sm 200 .-06
[10:57] {ese} .06
[10:58] {ese} need the 1min 50ma to start turnin up before cranking big shs into a swing
[10:59] {cc_9} ARIA abused
[11:01] {ese} cranky sharholders though...... misses by .01 eps because they spent too much money on bubble gum for sales force when they stand around doin nothin waitin to make a sale
01[11:03] {Threei}  everyone knows the market schedule for the holidays, or want me to post?
[11:03] {cc_9} post anyways Vad
[11:03] {cc_9} its good info
01[11:03] {Threei}  Christmas: The equities markets close at 1 pm EST with the extended session closing at 5pm EST on Tuesday, December 24th and will reopen on Thursday, December 26th at their normal time
01[11:04] {Threei}  New Year's: The equities markets are closed on Wednesday, January 1, 2014 and will reopen on Thursday, January 2nd at their normal time.
[11:04] {nemo} kmx looks two way here
[11:05] {cc_9} Thanks Vad.
01[11:05] {Threei}  sure thing
[11:09] {ese} tks vad
[11:10] {ese} ya that 50ma kmx needs to head up for sure nemo
[11:11] {nemo} 47.33 200SMA
[11:11] {nemo} although, could go to 48.75
[11:15] {cc_9} ARIA cash cow central
[11:18] {cc_9} KMX round 2
[11:20] {nemo} 48.70 is inflection point
[11:20] {RonS} inflection of what?
[11:20] {nemo} kmx
[11:22] {RonS} hearing aria cc in 10 min
[11:22] {dino} back
[11:23] {RonS} bmo out w/ $8 aria target
[11:23] {nemo} why the drop in kmx
[11:23] {RonS} strange since the thing was prox $16 when fda pulle the rug
01[11:24] {Threei} Short Setup: GLD  .15 break
01[11:24] {Threei}  If holds  .25
[11:24] {RonS} little light earnings, but think really is testing sub-prime lending
[11:26] {cc_9} IWM ramp
[11:27] {dino} kmx banging vwap
[11:28] {RonS} vwap moaning?
[11:28] {Will49} oh oh
01[11:28] {Threei}  rofl
01[11:29] {Threei}  lol:
01[11:29] {Threei}  The Janet Yellen dove tie from Van Eck Global is this season's must-have accessory. http://instagram.com/p/iJmbJAsDOU/
[11:30] {cc_9} ARIA dumping
[11:36] {RonS} ioc below 51 could go dumpage...omg cc language infected me...
[11:37] {nemo} cyanide Ron
[11:37] {cc_9} WOW
[11:37] {cc_9} IOC jesus
[11:37] {cc_9} watching closely now! lol
[11:45] {cc_9} FSLR getting jesus'ed
[11:46] {RonS} lol
[11:47] {nemo} no algo today.....sniff
[11:48] {cc_9} ARIA is handing out Obama phones each 5min candles
[11:48] {cc_9} grab yours while they are still free
[11:48] {nemo} do I have to aks for it?
[11:49] {RonS} kmx wap'ed through the v and banging on inflection
[11:49] {cc_9} ROUND 3 KMX
[11:50] {cc_9} IOC bids
[11:50] {mib_d0lpbb} hi
[11:50] {RonS} (whatever inflection is....)
[11:50] {nemo} look it up
[11:51] {mib_d0lpbb} hi
06[11:51] * nemo racks slide on 1911
06[11:51] * nemo aims it at {mib...}
[11:51] {cc_9} cc_9 exercising right to bear arms
[11:51] {cc_9} yes, bear
[11:52] {cc_9} IOC 52.30
[11:52] {RonS} is inflection you language for point of control?
[11:52] {nemo} decision point
[11:52] {cc_9} IOC gorilla has woken up
[11:52] {nemo} breakout breakdown, I'm not a frickin' soothsayer
[11:53] {nemo} let me get back to shooting the housebreaker, will ya'
[11:53] {nemo} iwm looking short here
01[11:53] {Threei}  mib, see private message
[11:55] {cc_9} KMX any print of 49, all out anthropoid mode engaged
01[11:56] {Threei} Long Setup:  TZA  .05 break
01[11:56] {Threei}  If holds  18
[11:56] {nemo} yeah I'm short iwm
[11:56] {cc_9} IOC me thinks she goes
[11:57] {cc_9} dino, lookit ORMP now ;)
[11:58] {dino} yeah, sold too soon
[11:58] {cc_9} you mean covered, i hope.
[11:59] {nemo} iwm not quite ready yet
[11:59] {cc_9} ARIA waking up from its slumber
[11:59] {dino} kmx .75 area wall
[12:00] {dino} yes, covered, 12.12-11.80
[12:01] {cc_9} IWM six flags ramp since the bell
[12:01] {cc_9} gorilla and gazelle chimera
[12:02] {nemo} riding R3
[12:02] {nemo} spy too if you add back in the div
[12:07] {nemo} feels like bids are gonna get pulled on the indexes
[12:16] {cc_1} test
01[12:17] {Threei}  passed
[12:19] {cc_1} ARIA blowing up
[12:22] {nemo} oh you came back
[12:26] {dino} mco?
[12:27] {nemo} 182 is adjusted R3 on spy daily
[12:27] {nemo} sheesh
[12:30] {RonS} hey cc
[12:37] {cc_1} hey Ron
[12:42] {cc_1} lucky_teddies
[12:48] {cc_1} http://stocktwits.com/CRYSTAL_BALLS
[13:06] {nemo} indicators getting sloppy looking
[13:10] {RonS} ioc pressure
01[13:11] {Threei}  https://www.facebook.com/VadymGraiferPhotography/posts/578586125554240
[13:11] {nemo} hummingbirds are amazingly vicious to one another
[13:13] {nemo} this is too much fun for one person to handle
[13:25] {cc_1} ARIA cash cow off $7.00
[13:25] {cc_1} retrace
[13:29] {nemo} I think I'll go see if I can find something to shoot, before I need stitches in my chin and a new keyboard.
01[13:30] {Threei} Long Setup:  CAT  .85 break
01[13:30] {Threei}  If holds  .80
[13:33] {dino} ocip spike, thin
[13:37] {dino} sm s .88
01[13:40] {Threei}  useless day eh
01[13:40] {Threei}  well, we had 4 strong winning days on the FOMC+holiday week
01[13:41] {Threei}  I guess 5th one was too much to expect
[13:41] {Will49} expectations are the problem, no?
[13:41] {Will49} no expectations=no disappointment
01[13:42] {Threei}  sounds vaguely familiar
01[13:44] {Threei}  I'd still think closer to eod we should get something playable
[13:45] {Will49} like GLD :)
01[13:46] {Threei}  quite possible
01[13:46] {Threei}  most often that's my go to name for the final trade
01[13:47] {Threei}  but I guess you knew that {G}
[13:47] {Will49} yesiree
[13:51] {dino} cov ocip .20, +.66
[13:57] {cc_1} ARIA dumping
[14:06] {dino} hmm, that was +.68
01[14:07] {Threei}  oh
01[14:07] {Threei}  that changes everything... wtg
[14:07] {dino} my math was off, .88-.20
[14:10] {dino} tom petty song going thru my head, "waiting is the hardest part"
[14:12] {dino} talking/typing to myself i guess
01[14:12] {Threei}  no, I am all ears
[14:12] {Will49} no, i'm watching dino :)
[14:12] {Will49} there! the Canadian Connection won't abandon you
[14:13] {Will49} Actually, I'm wrapping your Xmas present dino
[14:14] {dino} ty
[14:14] {dino} i mailed nemo that blow up doll
01[14:15] {Threei}  uh oh
01[14:15] {Threei}  that's why he left early
01[14:15] {Threei}  see what you've done?
[14:15] {dino} lol
01[14:16] {Threei}  oh sure, he will tell us it's hunting he is off for
[14:17] {dino} if i'd known how slow today would be, i would've stayed at the xmas party longer last night
[14:19] {dino} ctct spike
01[14:54] {Threei} Short Setup: GLD  .90 break
01[14:54] {Threei}  If holds  116
[14:54] {dino} orml sm s .60
[15:03] {cc_1} *yawn*
[15:04] {RonS} outta here...have a good weekend everyone
[15:04] {Will49} peace ron
01[15:04] {Threei}  you too ron
[15:05] {dino} u2 ron
[15:11] {cc_1} ARIA tanking
[15:11] {cc_1} should be good for 1 last long ride
[15:12] {Will49} will keep you awake anyway
[15:12] {dino} cov ormp .35, +.25
[15:15] {dino} txt spike
[15:18] {dino} txt sm s .02
01[15:21] {Threei}  Raven, here? look at first two at http://photography.realitytrader.com/2013/12/islands-version-of-winter.html
01[15:24] {Threei}  ok GLD... time for a quick ryg pull
01[15:24] {Threei}  rug too
[15:30] {dino} cov txt .82, +.20
01[15:30] {Threei}  by today's standards, not bad
[15:33] {Raven} Bald Eagle
01[15:33] {Threei}  yup
01[15:33] {Threei}  magnificent sample
[15:33] {Raven} yes ... a great  bird and an amazing comeback story
01[15:35] {Threei}  last summer, sitting in a backyard and reading, looked up and couldn't believe my eyes
[15:35] {cc_1} ok folks
[15:35] {cc_1} have a great weekend
[15:35] {cc_1} enjoy the blowup dolls and such
[15:35] {cc_1} see you all Monday
01[15:35] {Threei}  you too cc
01[15:36] {Threei}  there is a small pole, about 7-8 m from my chair,
01[15:36] {Threei}  bald eagle landed on it
[15:36] {dino} we have them all over my area, come off the delaware river
01[15:36] {Threei}  and say for about a minute, looking at me with this gauging look
01[15:36] {Threei}  "can I drag this one to my nest or too heavy"
01[15:37] {Threei}  and I didn't have my camera at hand...
[15:38] {Raven} sheesh
[15:38] {dino} bmi spike
[15:39] {Raven} that male Anna's Hummingbird should get his butt down south ...
01[15:39] {Threei}  they stopped migrating a few years ago
01[15:40] {Threei}  and population exploded
[15:40] {Raven} really?
01[15:40] {Threei}  yes... huge savings of energy
[15:40] {Raven} that's for sure
01[15:40] {Threei}  we have a few kinds, this one is the only one that now stays for the winter
[15:41] {Raven} that's interesting ... do a lot of folks feed them in winter?
01[15:41] {Threei}  yes, plenty of feeders around
[15:41] {Raven} that may well be a factor
01[15:42] {Threei}  I guess... food is hard to come by for them at this time
[15:42] {Raven} and you have those wussy winters
01[15:42] {Threei}  we are wusses
01[15:43] {Threei}  we no likey snow
[15:43] {Raven} you paid your dues in Winnepeg
01[15:43] {Threei}  I so did...
01[15:43] {Threei}  if I see no single snowflake for the next 20 years, I won't miss it for a second
01[15:43] {Threei}  die GLD
01[15:44] {Threei}  or as will would say, droop
[15:44] {Raven} I'll email you a few bushels
[15:44] {Will49} :)
01[15:44] {Threei}  of snow?? don't bother, I'll fdelete them without looking! :)
[15:44] {Raven} sigh
[15:48] {dino} calling it a week, thx all, gn
[15:49] {Will49} see ya dino
01[15:49] {Threei}  take care dino
[15:49] {dino} thx
01[15:56] {Threei}  time's running out
01[15:58] {Threei}  ok guys, thasnk you, very nice week, especially considering fomc and holidays
01[15:58] {Threei}  have a great weekend, see you monday
[15:58] {Will49} have a good weekend everyone