Wednesday, December 4, 2013

Dec 4 2013

Slightly negative day, which would have been nicely positive if not for one trade that went against us really fast causing stop top be wider than planned. Oh well, happens sometimes. Finishing 1:2 on NUAN fixed most of the damage but not all of it.

Session Time: Wed Dec 04 00:00:00 2013
[09:03] {barbo} GM
01[09:03] {&Threei}  barbo :)'
[09:05] {dino} gm all, miss much?
01[09:05] {&Threei}  ney dino, welcome back
01[09:05] {&Threei}  not really, very slow market
01[09:06] {&Threei}  I didn't see a lot of plays of your kind
[09:06] {dino} hmmm
[09:10] {cc_9} Good morning all
01[09:10] {&Threei}  cc9 :)
[09:16] {Will49} gm
[09:17] {drewj} gm
01[09:17] {&Threei}  will, drew :)
[09:17] {drewj} welcome back dino
[09:18] {dino} thx
[09:27] {RonS} gm...swinger in the house...
01[09:27] {&Threei}  ron :)
[09:27] {Will49} ron, have you been to bed yet?
[09:29] {cc_9} GDX going already without me :(
[09:31] {cc_9} OCLS today's pulp
01[09:31] {&Threei} Long Setup:  C  .20 break
01[09:31] {&Threei}  If holds  .10
01[09:32] {&Threei}  1:1 if you got it
[09:33] {Will49} nice call...missed
[09:33] {cc_9} DAMN YOU GDX!
[09:33] {drewj} got in late but still worth it...good one vad
01[09:33] {&Threei}  1:2
[09:33] {cc_9} long XIV here
[09:34] {cc_9} OCLS holy crap!!!
[09:35] {cc_9} OCLS is shortable if anyone feeling like a hero
[09:35] {cc_9} tiny float
[09:35] {cc_9} FDA news
01[09:35] {&Threei}  Oculus Innovative Sciences Receives FDA clearance for microcyn scar management HydroGel- Received a new 510(k) clearance from the U.S. FDA for the company's new MicrocynScar Management HydroGel. The Rx product, under the supervision of a healthcare professional, is intended for the management of old and new hypertrophic and keloid scarring resulting from burns, general surgical procedures and trauma wounds.
[09:36] {cc_9} XIV so far so good
[09:37] {cc_9} OCLS wow...
01[09:37] {&Threei} Long Setup:  C  .20 break
01[09:37] {&Threei}  If holds  .10
01[09:37] {&Threei}  deja vu
[09:38] {cc_9} XIV so far so good
[09:38] {cc_9} looking for 31.35 tgt
01[09:38] {&Threei}  let's do it again, C
[09:39] {dino} pdce sm l .20
01[09:39] {&Threei}  stop to .14 btw
[09:39] {cc_9} all out XIV
[09:40] {cc_9} OCLS looking for some profit taking here, too nutty of a move
[09:41] {cc_9} needs a fade under $6.50 for a reality check
01[09:42] {&Threei}  1:1
01[09:42] {&Threei}  need to institute official Deja Vu Setup
[09:42] {cc_9} anyone here wants to short OCLS with me ? lol
01[09:43] {&Threei}  to quote will, we are behind you until your nose bleeds, cc
[09:43] {cc_9} its trying to fade but more suckers are buying
[09:43] {cc_9} a nice flush under $6.50 is much needed
[09:44] {cc_9} oh what the hell, im short small position here
[09:44] {cc_9} ill try to cover 6.25 if God wills it.
[09:44] {cc_9} otherwise, ill get my beans fried over 7.25
[09:45] {cc_9} come on suckers...stop buying and lock your profits so daddy can cover
[09:45] {cc_9} do i have to go write a hit piece on this before it goes down
[09:45] {cc_9} God save the queen!
01[09:46] {&Threei}  {Suckers} but we are told it goes to $50
01[09:46] {&Threei}  {Suckers} each downtick is manipulation
[09:47] {cc_9} i got an order to cover 6.46
[09:47] {cc_9} come take meeeeeeee
01[09:47] {&Threei}  hmmm... seems it's a strictly adult room?
[09:47] {cc_9} all out OCLS short +$0.40
[09:47] {cc_9} Thank you suckers
01[09:47] {&Threei}  wtg
01[09:48] {&Threei}  {Suckers, sobbing} you... you... you'll be sorry
[09:48] {cc_9} OCLS trade }}} http://img850.imageshack.us/img850/9109/iklo.jpg
[09:48] {cc_9} Thanks Vad for the moral support!
01[09:49] {&Threei}  always
[09:49] {cc_9} look @ the HOD OCLS vs my short @ $7.20
[09:49] {cc_9} hehehe
[09:50] {dino} acmp sm l .80
01[09:51] {&Threei}  second C trade is just a scalp
01[09:53] {&Threei}  ok... time to cnage the tune I believe
01[09:53] {&Threei} Short Setup: C  .15 break
01[09:53] {&Threei}  If holds  .25
01[09:54] {&Threei} Short Setup: CAT  .40 break
01[09:54] {&Threei}  If holds  .50
[09:55] {edgeofsanity} Since I'm a guest am I allowed to communicate and make suggestions?
[09:55] {dino} mpc .30 trig sm l
01[09:56] {&Threei}  sure, just let's let the next 15-20 min be more focused on trading
[09:56] {RonS} lol...pls communicat...suggestions will be ignored until they prove to make money  :)
[09:56] {dino} lol
[09:57] {cc_9} edge, everynow and then just say "btfd" and these guys will respect you.
01[09:57] {&Threei}  Invalidated  C
[09:57] {RonS} lol
01[09:58] {&Threei}  or slap nemo with something frozen...
[09:58] {cc_9} it worked for me, now im like a really cool internet guy
[09:58] {RonS} that's the trick...
01[09:58] {&Threei}  that earns instant points as well
[09:59] {cc_9} Housing #s out in a few seconds
[09:59] {cc_9} which ever way they come out, just get long the SPY
[09:59] {edgeofsanity} keep an eye on tsla. It was a money maker for me yesterday and today looks better. right now I'm going short.
[09:59] {cc_9} 53.9 vs 59.0 exp
01[09:59] {&Threei}  *(US) NOV ISM NON-MANUFACTURING: 53.9 V 55.0
01[09:59] {&Threei}  *(US) OCT NEW HOME SALES: 444K V 430KE
[10:00] {cc_9} 10:00 cc_9 which ever way they come out, just get long the SPY
[10:00] {cc_9} I seriously hope you guys did this
[10:02] {cc_9} SPY flying
[10:02] {cc_9} http://img163.imageshack.us/img163/7619/k47u.jpg
[10:03] {Will49} i hate CATS
[10:04] {cc_9} ok, last time i copy paste this
[10:04] {cc_9} 10:00 cc_9 which ever way they come out, just get long the SPY
[10:04] {RonS} if you were gone it would have been a 1:4...  :)
[10:05] {cc_9} edgeofsanity, this was your chance to say "btfd" to get some room cred
01[10:06] {&Threei} Long Setup:  TZA  .10 break
01[10:06] {&Threei}  If holds  .05
[10:06] {dino} janet jet, keep printing
01[10:07] {&Threei}  Invalidated
[10:07] {cc_9} im not sure if there is a chance to get short here...market is on a frenzy
[10:07] {dino} bre spike
[10:07] {cc_9} BRE M&A chatter
[10:07] {dino} pdce out .47,
[10:07] {dino} +.27
[10:07] {RonS} gj
[10:08] {cc_9} short small BRE
[10:08] {cc_9} looking for under 57.50
[10:09] {dino} ty
[10:11] {cc_9} oh boy, BRE about to fry me
01[10:11] {&Threei} Long Setup:  TZA  19 break
01[10:11] {&Threei}  If holds  .95
01[10:12] {&Threei}  valid still
01[10:14] {&Threei}  not anymore
[10:15] {edgeofsanity} btfd? back the fuck down?
[10:15] {dino} out mpc .09, +.75
[10:15] {Will49} nice
[10:15] {dino} ty
[10:15] {dino} buy the f'ng dip
[10:16] {dino} out acmp .09, +.29
[10:16] {RonS} change name to edgeofinterpretation?
[10:16] {dino} lol
[10:16] {cc_9} IWM flying
[10:17] {RonS} hey cc...can you post that link to the youtube btfd so he can get the full impact?
[10:19] {cc_9} http://www.youtube.com/watch?v=jllJ-HeErjU
[10:20] {cc_9} out BRE for -$0.85, beans got deep fried
[10:20] {RonS} fried bre?  sound cheesy...
[10:21] {cc_9} ron is today's nemo
[10:21] {cc_9} nice
01[10:21] {&Threei} Short Setup: JPM  .30 break
01[10:21] {&Threei}  If holds  .40
[10:22] {dino} lol ron
[10:22] {Will49} haha
[10:22] {pragmatic} second chance ?
[10:23] {RonS} twtr rippin
[10:23] {cc_9} the amount of dough I left on XIV is pushing me to the edgeofinsanity
[10:23] {dino} same here w/pdce
[10:24] {cc_9} DE $8B stock buyback
[10:24] {cc_9} stock pop
01[10:25] {&Threei}  1:11:1
[10:25] {cc_9} today feels like a short trap, fast spike up, then imo rest of day we slowly melt up
[10:25] {cc_9} I do hope I am wrong
[10:25] {Will49} you are never wrong
01[10:26] {&Threei}  cc... here is how you do it:
01[10:26] {&Threei}  "maybe I am wr... wrrr... wr... wroo.. no, I can't say it, it's against the fundamental laws of nature"
[10:27] {cc_9} we shall see :)
[10:29] {cc_9} energy numbers out
01[10:30] {&Threei}  *(US) DOE CRUDE: -5.59M V 0ME; GASOLINE: +1.83MM V +1.2ME; DISTILLATE: +2.65MM V -1.5ME
[10:32] {RonS} dumbass liberals:  As states raise minimum wages, officials grapple with how to make young people less costly to hire | http://bloom.bg/1bgk4V1
[10:33] {RonS} ...this is the only economic tenant that has universally been agreed upon for decades...
01[10:34] {&Threei}  idiocy reaches new heights
[10:34] {RonS} ...by ecnonomists that is...
01[10:34] {&Threei}  Large groups of stupid people can accomplish stupid things that an individual stupid person is too stupid to even dream of.
[10:34] {RonS} except for maybe that hyper dumbass Paul Krugman
01[10:35] {&Threei}  his personal stupidity is protected by Nobel prize
[10:36] {Will49} Ron....Krugman has always spoken highly of you
[10:36] {cc_9} short DE light here
[10:36] {cc_9} looking for under 85.25
[10:39] {cc_9} short BRE again, second attempt, looking for under $60.00
01[10:40] {&Threei}  People who are wrong are just as sure you are wrong as you are sure they are wrong. The only difference is, they're wrong.
[10:40] {dino} wrong is just wrong
[10:40] {drewj} now i'm confused
[10:41] {cc_9} As Will knows, it makes life much easier to always be right.
[10:41] {cc_9} ain't that right Will
[10:41] {Will49} right on pl
[10:41] {Will49} pal
[10:41] {Will49} you're my hero
[10:42] {cc_9} I wake up every day wondering "how can I be a role model to the youth today, and Will"
[10:42] {cc_9} brother, I would die for you.
[10:42] {cc_9} and by would, I mean I would not.
[10:42] {Will49} that's why I'm here...to learn from you about how to be right
[10:43] {cc_9} all the time*
[10:43] {Will49} so i can say "I know that"
[10:43] {cc_9} Yes, I will try to help with that.
[10:43] {Will49} you are a saint
[10:43] {cc_9} BRE finally fading a little, but I knew that.
[10:44] {Will49} sarcasm off
[10:45] {dino} wow, go away for few days and will cc9 get tight
[10:45] {RonS} bromance
[10:45] {Will49} miracles never cease
[10:45] {drewj} lol
[10:45] {RonS} sm s de .95
01[10:45] {&Threei}  you have no idea dino...
01[10:46] {&Threei}  yesterday cc_9 planted a tree
01[10:46] {&Threei}  I almost fainted myself
[10:46] {dino} spare the details
01[10:46] {&Threei}  especially when saw how he hugged it after
[10:46] {cc_9} lol
[10:50] {cc_9} DE come on suckers, take they money
[10:50] {cc_9} BRE slowly fading, so far so good
[10:52] {cc_9} I would love to see IWM get under this 112.20
[10:54] {cc_9} welp, looks like a slow melt up day after all :)
[10:55] {dino} de needs .65 break to die
[10:57] {nemo} I see my prediction is holding
01[10:58] {&Threei}  about comet Ison melting down?
[10:59] {nemo} yesterday being the bottom, SPY retested the low at the Monthly Pivot and has moved higher
[10:59] {nemo} Having said that, 3 days "red" in a bull market is a correction  hehehehehehe
01[10:59] {&Threei}  crap... I totally confused Monthly Pivot for Monty Pyton...
[10:59] {Will49} LOL
[11:00] {nemo} Is that an African Swallow or a European Swallow?
[11:00] {nemo} Where did you get coconuts in England?
[11:01] {nemo} I want a shrubbery!
[11:01] {nemo} Merely a flesh wound
[11:01] {nemo} We'll call it a draw
[11:01] {Will49} run away run away!
[11:01] {nemo} I'm being repressed!
[11:02] {nemo} It's got teeth!
[11:02] {nemo} Bring out the Holy Hand grenade
[11:02] {nemo} Thou shalt count to three
01[11:02] {&Threei}  did I wake up a moster?
01[11:02] {&Threei}  monster too
[11:02] {nemo} Too many stops for coffee on the road trip
[11:02] {Will49} missed his meds
[11:03] {nemo} trying to push edge over it
01[11:03] {&Threei}  lol
[11:03] {nemo} good morning so far?
[11:04] {nemo} was there news on DE?
[11:04] {nemo} wtf
[11:04] {cc_9} DE $8B buyback
[11:04] {cc_9} you can also push ctrl + F and type : DE
[11:05] {nemo} yeah, that daily looks like it took viagra
[11:05] {nemo} more buybacks, not a good economic sign
[11:06] {dino} idiots buy bak at highs, issue at lows
[11:07] {nemo} rewarding stockholders
[11:07] {dino} better to give as dividends
[11:07] {nemo} corporately, yes
[11:07] {dino} just artificially inflating earnings
01[11:09] {&Threei} Short Setup: GM  .40 break
01[11:09] {&Threei}  If holds  .45
[11:10] {cc_9} OCLS if gets under $6.00, will remortgage my dog's house to short all I can
[11:10] {nemo} wow...he could end up out on the street
[11:10] {nemo} meanie
01[11:10] {&Threei}  {cc_9s dog} PETA, where are you...
[11:11] {nemo} People For Eating Tasty Animals?
[11:11] {nemo} vxx looks weak
[11:14] {cc_9} OCLS drip drip
[11:14] {nemo} mmmhhhhh
[11:15] {cc_9} VXX coming back a little
[11:15] {cc_9} IWM under 112.20
01[11:18] {&Threei}  цожер чалф
01[11:18] {&Threei}  cover half
[11:18] {dino} de drop
01[11:18] {&Threei}  1:1
[11:18] {cc_9} OCLS here we go
01[11:18] {&Threei}  stop to .41
01[11:18] {&Threei}  let's see if we can get a real crash here
01[11:18] {&Threei}  a whole lot of air under GM
[11:19] {cc_9} BRE so far so good, still short
[11:21] {dino} nice one cc
[11:22] {nemo} 23.6 retrace right about vwap
[11:24] {cc_9} BRE will look to cover under $59 bc im a greedy pig
[11:27] {cc_9} BRE drip drip
[11:27] {cc_9} thanks dino
[11:30] {cc_9} NUAN, finally orangutan
[11:31] {cc_9} over $14.00 and its gorilla time
[11:35] {RonS} expr road to hell...
[11:37] {cc_9} EXPR, express road to hell*
[11:37] {cc_9} nemo, give Ron a hand, not literally please.
[11:38] {dino} de .25 break sm s
[11:39] {cc_9} BRE recrash on the way
[11:42] {cc_9} DE finally...
[11:42] {RonS} ye olde curse of dino...de
[11:43] {cc_9} VRTX possible M&A
[11:43] {cc_9} speculation
[11:43] {cc_9} pop
[11:44] {dino} ron, yeah, never had much luck w/de and cat
[11:49] {cc_9} NUAN closing in on $14.00 magical #
[11:49] {cc_9} expect some vol there, slow accumulation past few days
[11:51] {cc_9} BRE still short, DE still short, NUAN looking for goat
[11:52] {RonS} not what i meant...was saying de going down 'cause you went short...to be s .19  covered .85 +.34
[11:52] {cc_9} BEW tgt looking for under $59, DE tgt looking for under 58.25
[11:52] {cc_9} nice trade on DE Ron
[11:52] {cc_9} BRE crashing at last :D
[11:55] {cc_9} out BRE +$1.63, keeping 200 shares in case all out crash
[11:55] {RonS} gj
01[11:56] {&Threei}  wtg
[11:56] {cc_9} ty
[11:56] {Will49} bravo cc
[11:56] {Will49} sincerely!
[11:58] {cc_9} :) ty
[11:58] {cc_9} C flying here
01[11:59] {&Threei}  best phrase of the day:
01[11:59] {&Threei}  In a show of defiance, I wet my pants.
[11:59] {Will49} hahaha
[11:59] {RonS} tweetofgod?
01[12:00] {&Threei}  Jack Handey, The Stench of Honolulu
[12:01] {RonS} lol
01[12:01] {&Threei} Short Setup: SLW  .40 break
01[12:01] {&Threei}  If holds  .45
[12:02] {cc_9} SPY beaning
[12:03] {RonS} iff stinking it up
[12:03] {RonS} cvlt put away
[12:04] {dino} cov de .81, +.44
[12:05] {RonS} wtg
[12:05] {RonS} toughie
[12:05] {dino} ty, tough sucker
[12:05] {cc_9} DE short working
[12:05] {dino} of course, no it collapses
[12:06] {dino} no=npw
[12:06] {dino} =now
01[12:07] {&Threei}  good to see your typing skills didn't get harmed by the vacation, dino
[12:08] {dino} lol
[12:08] {nemo} oh funny, had to run an errand last night...Guess I parked my bumper too close to somebody's bumper.  The lumpen leaves a message, "Hey dump ass"
01[12:11] {&Threei}  have you come up with bitingly wtting sarcastic comeback?
[12:12] {nemo} I think it was prima facie
[12:12] {cc_9} DE tank you dog
01[12:12] {&Threei}  like, I dunno... "Please learn the correct grammar, rear end orifice"
[12:12] {cc_9} edgeofsanity, this is your moment to shine
[12:12] {nemo} I don't think he would have left the message had I been standing there.  A dark parking lot would have been very tempting
[12:12] {cc_9} say "btfd"
[12:13] {cc_9} Will is going to then become your bff
[12:13] {Will49} I'm a one man guy
[12:13] {nemo} TMI
[12:13] {drewj} lol
[12:13] {Will49} and it's you cc, it's you!
[12:14] {drewj} he had you at hello
[12:14] {nemo} anybody read recently where neutral gendered people want to be recognized?
[12:14] {nemo} What?
[12:14] {cc_9} WILLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLL
[12:14] {nemo} They want to be able to use both bathrooms?
[12:14] {Will49} OMG
[12:14] {Will49} outed
[12:15] {cc_9} lol @ --- edgeofsanity is away (Auto away)
[12:15] {cc_9} looks like dont want to shine today
[12:15] {nemo} he's trying to get the jacket off
[12:15] {Will49} lol
01[12:15] {&Threei}  lol
01[12:15] {&Threei}  nemo is recovering
01[12:15] {&Threei}  you have about two weeks to be in shape for Les return
[12:16] {nemo} I need to kill something first
[12:16] {RonS} sheesh 4 degrees and 4" of snow outside...thanks Mr Canada wherever you are...
[12:16] {nemo} GLOBAL WARMING!
[12:16] {dino} ugh! de
[12:16] {dino} got out of everything way early today
01[12:16] {&Threei}  speaking of mrcanada... another vacation junkie
[12:18] {dino} ffiv spike
01[12:23] {&Threei}  GLD...
01[12:23] {&Threei}  how the deuce have I missed .30 short\
01[12:23] {&Threei}  someone shoot me
[12:23] {nemo} doing your nails again?
[12:23] {cc_9} guys, the dip
[12:23] {dino} bang
[12:23] {cc_9} the dip is begging to be bot
[12:25] {nemo} this is arguably 4th test of this low
[12:25] {cc_9} GDX parabolic
[12:26] {dino} hammer to ice, should get weaker
[12:26] {cc_9} gonna start loading XIV here
[12:26] {nemo} can't touch this dino
[12:26] {nemo} that might be a couple too many degrees of separation
[12:27] {dino} more tests, weaker tho
[12:27] {dino} at least at the keep it simple stupid school of trading
[12:27] {nemo} the strong side on the algo basically dead
[12:28] {cc_9} its getting spooky now
[12:28] {nemo} just below MPP ons SPY is the 179 level that is begging to be tested
01[12:29] {&Threei} Short Setup: GLD  .30 break
[12:29] {nemo} the weekly S3 is at about .94
01[12:29] {&Threei}  If holds  .40
[12:29] {dino} damn, that progresso makes a pretty good bowl of turkey noodle
01[12:29] {&Threei}  nope
01[12:29] {&Threei}  wtf
[12:29] {nemo} Italian Guinea WOPS
01[12:30] {&Threei}  let me reiterate
[12:30] {cc_9} Vad, i dont think wana short metals just yet, look @ SLV flying
01[12:30] {&Threei}  wtf?
01[12:30] {&Threei}  50 cents teleportation
[12:30] {drewj} my worst loss ever
[12:30] {nemo} yeah, disemboweled
[12:31] {dino} be thankful is .50 is your worst loss ever
[12:31] {nemo} poor CC and srpt
01[12:31] {&Threei}  loss couldn't have been 50 cents
01[12:31] {&Threei}  it gave enough time to exit way lower
[12:31] {cc_9} thanks for that nemo, i needed to remember
[12:32] {cc_9} ok guys, its time BTFD
[12:32] {nemo} you never forget, who you kiddin' besides I was showing compassion...a rarity in my case
[12:32] {nemo} well, except for bunny
[12:33] {cc_9} blablabla, BTFD
01[12:34] {&Threei}  something weird is happening
[12:34] {nemo} what it is ain't exactly clear
[12:34] {dino} lol
[12:34] {cc_9} nothing weird is happening
[12:34] {cc_9} Gold been dumping for weeks, now gold is going up
01[12:35] {&Threei}  come on]'
01[12:35] {&Threei}  50 cents spikes?
[12:35] {cc_9} look at the block
[12:35] {cc_9} quarter million shares
[12:35] {cc_9} they not gona fill that within 1 penny increments
[12:35] {dino} klac drop
[12:35] {cc_9} of course they gona surge the shit out of it
[12:37] {cc_9} look @ GLD 1min
[12:37] {cc_9} 240k+ block, in order to fill that, offer has to move fast
[12:38] {cc_9} loaded XIV, time to bounce
01[12:38] {&Threei}  it's obvious that hige block like this will move price a lot
[12:38] {cc_9} SPY headed for 179.80
[12:38] {drewj} big players getting into gold as the bull market ends maybe?
01[12:38] {&Threei}  wuestion is, why on earth someone needs to get this huge block now and in whole
[12:39] {cc_9} bc its cheaper than its been for the past, idk, 5 months ?
01[12:39] {&Threei}  selling pressure is there, fill your need slowly and in parts, not rocketing the price by your own buying
[12:39] {dino} don't over-think it drew
01[12:39] {&Threei}  not alerting everyone about your big buys
01[12:39] {&Threei}  who the hell does that
[12:39] {dino} maybe its short covering
[12:39] {cc_9} someone who can buy 240k shares of GLD
01[12:39] {&Threei}  sigh
01[12:39] {&Threei}  last attempt:
01[12:40] {&Threei}  no one does that in normal trading, without pressing need to get it urgently
01[12:40] {&Threei}  thus my questuion: what's the urgency
[12:40] {cc_9} KLAC down on guidance, exp below exp
[12:41] {dino} sell side idiot perhaps
01[12:41] {&Threei}  and here is why I am interested:
[12:41] {cc_9} bc its cheap vad, does not matter if fills $0.50 over ask, its cheap vs past 5 months
[12:41] {cc_9} if they can unload a few points hier
01[12:41] {&Threei}  if there is no real urgency, some event unfolding that we don;t know about yet,
01[12:41] {&Threei}  then it's a very stupid stratagey, buying in blocks this obviously near the critical low,
[12:41] {cc_9} "the happening"
[12:42] {dino} nah, you're too focussed on this one trade
[12:42] {cc_9} SPY, wrong way, turn back up!
01[12:42] {&Threei}  and it will be punished just as Ackman's stupidity in HLF is
[12:42] {cc_9} Let it go Vad
[12:42] {cc_9} focus on next trade
[12:42] {dino} exactly cc9
01[12:42] {&Threei}  sheesh
[12:42] {Will49} remember..cc is Jesse Livermore's illigitimate son....he knows!
01[12:42] {&Threei}  I just asked one question
01[12:42] {&Threei}  I am not too focused on anything
[12:42] {cc_9} unloading my XIV
01[12:43] {&Threei}  you argue, I answer
[12:43] {RonS} Jesse's real son was an idiot...
[12:43] {Will49} well
[12:43] {cc_9} im just saying, if someone wants that big a position, they can either take it on the dark market and not show it, OR, show it as a F U to who ever is watching
[12:43] {cc_9} its tough to say
01[12:44] {&Threei}  gosh... my english must be way worse than I thought
[12:44] {cc_9} what I suggest, is to try and find that print and see if it was 1 main block or broken up
01[12:44] {&Threei}  I just can't seem to explain what I am saying
[12:44] {Will49} Vad...maybe it was Bill Cara supporting his theories
[12:44] {drewj} you are explaining it just fine vad...
[12:44] {cc_9} out half XIV @ .50 for +$0.15
01[12:44] {&Threei}  http://charts.stocktwits.net/production/original_17884619.png?1386175047
[12:44] {dino} maybe, just maybe, it was ese getting long
01[12:44] {&Threei}  how about this all democratic currency
01[12:45] {&Threei}  maybe dino... he is not here for two days, and yesterday there was a suspicious package found downtown, stopped everythikng for a few hours
[12:45] {cc_9} all out rest XIV +$0.17
[12:45] {cc_9} 12:32 cc_9 ok guys, its time BTFD
01[12:46] {&Threei}  look again at GLD
01[12:46] {&Threei}  are you telling me this is normal trading?
[12:46] {drewj} god i wish i had been long gld
[12:47] {cc_9} XIV, all out }}} http://img845.imageshack.us/img845/483/1l5m.jpg
[12:48] {cc_9} when i say BTFD, I mean it.
[12:49] {cc_9} now that GLD buyer is up
[12:51] {dino} pega drop
[12:51] {dino} bhi drop
[12:54] {cc_9} XIV still going
[12:54] {cc_9} no tears
01[12:55] {&Threei}  so drew... where have you gotten the fill on GLD?
[12:55] {drewj} -.60
01[12:55] {&Threei}  come on... really?
01[12:56] {&Threei}  it gave time to exit around .50 - .60
[12:56] {drewj} yes why?
[12:57] {drewj} i'm not arguing with you but i couldn't get out fast enough
01[12:57] {&Threei}  I am trying to understand why, to find out maybe incorrect technique that we could fix
[12:58] {drewj} it's not your fault vad...
[12:58] {drewj} no one could see that coming
01[12:58] {&Threei}  no, but I would like to understand why you got a fill way higher than you should have
[12:58] {drewj} it's rare when i get out past the stop...
[12:59] {drewj} because it was over before i could even sit up in my chair!
[12:59] {RonS} it's screwed...More than half of 18 to 29-year-olds say they disapprove of "Obamacare" | http://bloom.bg/1bg52xH
01[12:59] {&Threei}  just wait for ese to explain you why they are wrong, ron
[13:00] {RonS} have you heard of the nOcare analogy?
01[13:01] {&Threei}  no
[13:02] {dino} drew, that happens to all of us
[13:02] {drewj} i know...thanks dino
[13:02] {drewj} i'm not going to quit guys
01[13:02] {&Threei}  hah... comparing that to the three losses that made me a trader
[13:03] {drewj} didn't you know i'm independantly wealthy?
01[13:03] {&Threei}  have you read Techniwues of Tape Reading, drew?
[13:03] {drewj} yes...
01[13:03] {&Threei}  reread the parts about ESOL, TTG and KTEL
[13:03] {drewj} it's your best one
[13:04] {drewj} thanks for the concern guys...
01[13:04] {&Threei}  the three that took away 75% of my trading account
[13:04] {dino} agreed drew
[13:04] {drewj} ok...i'll just say it
[13:04] {dino} my biggest loss, idcc overnight 3,000 shares -7. can you say ouch
[13:04] {drewj} F*** IT!  I QUIT!
01[13:04] {&Threei}  and gave me all the lessons I needed never to repeat those mistakes
[13:05] {RonS} it is like 1. guy burns your house down 2. shows up at destruction survey 3.  tells you it is your fault and that it was a shitty house anyway  4.  offers to build you a new house for double the price 5.  but before construction starts you must agree to buy 3 other people's houses...
01[13:05] {&Threei}  sounds about right ron
[13:06] {dino} bingo ron
[13:09] {dino} bhi sm l .01
01[13:12] {&Threei}  http://photography.realitytrader.com/2013/12/november-summary.html
[13:12] {cc_9} market toileting
[13:12] {cc_9} eyeing XIV for another merry-go-round
[13:12] {RonS} those are some relly nice shots 3i...thanks for posting
[13:12] {dino} stop bhi .75 -.26
01[13:12] {&Threei}  ty
[13:13] {cc_9} IWM fresh lows
01[13:13] {&Threei} Long Setup:  NUAN  .90 break
01[13:13] {&Threei}  If holds  .85
[13:16] {cc_9} Market looking spooky as hell here
[13:17] {cc_9} starting slow XIV scale in long
[13:17] {nemo} that's a mirror cc
[13:17] {cc_9} SPY all out crash
[13:17] {cc_9} IWM fresh lows
[13:18] {cc_9} SPY looks like it wants that magnet 179
01[13:19] {&Threei}  nemo, we all look much better in the mirror when we remember to take off the gas mask
[13:19] {dino} bhi sm l .10
[13:23] {cc_9} here comes 179
[13:23] {cc_9} if no hold, its about to get anusy around here
[13:23] {cc_9} FLASH CRASH
[13:23] {nemo} a bit melodramatic
[13:23] {RonS} tick -1362
[13:24] {cc_9} im telling you mate, this is a flash crash
[13:24] {cc_9} look @ VXX
[13:24] {nemo}  I see pardner
[13:25] {cc_9} NUAN "what market crash"
[13:26] {cc_9} SPY no bottom
[13:26] {cc_9} Let me check if Beige Book is today
[13:28] {cc_9} Keep an eye on QIHU, its one of the few stocks not crashing here
[13:28] {cc_9} its actually upticking
[13:28] {cc_9} came up on my HAL9000
[13:28] {cc_9} NUAN same
[13:30] {cc_9} 2:00PM ET : Beige Book
[13:31] {cc_9} that GLD buyer from earlier, yea, he knew something we did not.
01[13:31] {&Threei}  we still don't
[13:31] {cc_9} adding XIV here, new cost 30.88
01[13:33] {&Threei} Short Setup: GLD  .30 break
01[13:33] {&Threei}  If holds  .40
[13:33] {cc_9} SPY baby bottom here
[13:33] {cc_9} needs through 178.80 for a head fake
[13:34] {cc_9} need VXX well under 48
[13:35] {cc_9} maybe we get a fast and furious bounce after the beige book, no pun.
[13:37] {cc_9} SPY sitting sideways here, either a push now or we crash back
[13:37] {cc_9} breakout imo 178.80 ahead of BB
01[13:38] {&Threei}  no go
[13:38] {cc_9} here comes the bounce
[13:38] {cc_9} should be fast
[13:38] {drewj} have a good evening guys
[13:39] {cc_9} aaaaaaaaaaaand fails
[13:40] {nemo} [13:36] {cc_9} maybe we get a fast and furious bounce after the beige book, no pun.
[13:40] {nemo} or a crash and burn
[13:40] {cc_9} LOL
[13:40] {cc_9} damn it
[13:40] {cc_9} nemo confirmed for master troll 2014
[13:41] {nemo} Live hard, drive fast, die young, leave a beautiful corpse
[13:41] {nemo} who said it?
[13:43] {cc_9} Harvey Weinstein ?
[13:43] {RonS} Rodney Dangerfield?
[13:43] {nemo} well it was attributed to James Dean
[13:43] {cc_9} XIV going
01[13:44] {&Threei}  I was going to go for Karl Marx
[13:44] {Will49} Bill O'Reily?
[13:44] {nemo} Sheesh, I'm thinking, "Why is CC using Roman numerals?"
[13:44] {RonS} Zeppo marx...
[13:44] {cc_9} XIV about to fly
[13:44] {cc_9} gona start setting my sells
[13:44] {cc_9} SPY turning around any minute
[13:45] {nemo} that's what Les keeps hoping about his sex life
[13:45] {cc_9} Les is not here to defend himself
[13:46] {cc_9} have some respect
[13:46] {cc_9} XIV .90
[13:46] {cc_9} giddy up doggie
01[13:46] {&Threei}  this was your best joke today, cc9
[13:46] {cc_9} killing on XIV mates
[13:47] {cc_9} BOOM BABBY
[13:48] {cc_9} unloading rest of my XIV 31.05 limit
[13:48] {nemo} just curious, why didn't u short vxx?
[13:48] {dino} acmp l .89
[13:49] {dino} was wondering same
[13:49] {cc_9} bc of the dollar per share movement
[13:49] {cc_9} i feel more comfortable with XIV I can size up
[13:49] {cc_9} VXX you get it wrong on big size you're dead
01[13:49] {&Threei}  NUAN's valid
[13:50] {cc_9} does that make sense ?
01[13:50] {&Threei}  I concur with cc9
[13:50] {dino} is xiv 2x reverse vxx?
[13:50] {nemo} comfort zone yeah...although vxx seems to move in .01 increments
[13:50] {cc_9} XIV is 1:1 opposite VXX
[13:50] {cc_9} it was prob a much better idea to short VXX, I did that yesterday
[13:51] {cc_9} but today, I felt better with XIV, as I can slowly scale 1k at a time with no worry
[13:51] {cc_9} VXX i grab 1k, my beans get fried
[13:51] {cc_9} dino
[13:52] {cc_9} the best way to calculate fast
[13:52] {cc_9} is to look @ the % on the hday
[13:52] {cc_9} day*
[13:52] {cc_9} VXX is down the same amount XIV is up
[13:52] {cc_9} % wise
[13:52] {cc_9} therefore, 1:1 ratio
[13:52] {cc_9} FB surging
[13:52] {dino} i see it, have it on configure
[13:52] {cc_9} FB rumor to be added to the S&P tonight
[13:53] {cc_9} all out XIV
[13:54] {dino} gj
[13:54] {nemo} gdx warming up
[13:55] {cc_9} thx dino
[13:56] {cc_9} XIV last trade for the day }}} http://img706.imageshack.us/img706/8838/4rt7.jpg
[13:57] {cc_9} hit my target, sitting on hands and only watching till the close.
[13:57] {Will49} keep your thumbs down
[13:57] {cc_9} I went heavy on the .68
[13:58] {cc_9} then scaled slowly every penny after it got to 31
[13:58] {cc_9} the first sells in the high 80s and .90 were in case i needed to reload if it were to re-crash
[13:58] {cc_9} fortunately, did not have to
[13:58] {cc_9} bc im a nice guy like that
[13:59] {cc_9} oh f**k, XIV going higher
[13:59] {cc_9} if XIV goes to 31.20, I will dig a ditch and poke my eye with a sharp object, at the same time
[13:59] {cc_9} Beige book out
[13:59] {cc_9} UPWARD PRESSURE ON WAGES HAS BEEN CONTAINED
[14:00] {cc_9} oh god...XIV
[14:00] {cc_9} oh God
[14:00] {dino} book good?
[14:00] {cc_9} book nice and clean
[14:00] {nemo} CC NOT THE MONITOR!!!!
[14:00] {cc_9} LOOK AT THE VOLUME ON XIV
[14:00] {cc_9} LOOK
[14:00] {cc_9} I GOT RUSED
[14:00] {cc_9} I GOT TRICKED
[14:00] {cc_9} I GOT GOYED
[14:00] {cc_9} OHVEY
[14:01] {nemo} circumcision sucks
[14:01] {cc_9} well, truth is, i cashed out bc i had no clue how market would react on the Beige Book
[14:01] {cc_9} god damn it, I left a honda civic on the table
[14:02] {Will49} hahaha
[14:02] {nemo} strong legs
[14:02] {cc_9} im just gona act like its ok bc i would have cashed out at 31.10.
[14:02] {cc_9} r-...right guys ?
[14:02] {nemo} yeah, could have had fried beans
[14:05] {cc_9} the higher XIV goes, the more I become prone to lung cancer
[14:05] {cc_9} from the looks of it, market wants me to die
[14:05] {dino} out bhi .48, +.38
[14:05] {nemo} mmmmmhhhhh
[14:05] {nemo} I'll leave that one alone
[14:06] {cc_9} a real Oy Vey story : http://matzav.com/supreme-court-takes-up-frequent-flier-rights-in-rabbi-ginsberg-vs-northwest
[14:07] {cc_9} market crashes, NUAN holds up, market bounce NUAN sits sideways
[14:09] {nemo} you definitely come up with some unique stuff
[14:10] {nemo} NSC Vad
[14:11] {dino} rally
[14:12] {cc_9} XIV 31.40, THIS IS LIKE ANOTHER SHOAH!
[14:12] {Will49} the SHOAH must go on
[14:12] {nemo} Oh Oh, CC left a Bugatti Veyron on the table
[14:13] {cc_9} edit : I left a Bugatti OyVeyron on the table
[14:13] {nemo} NICE ONE!
[14:14] {RonS} qcor gone pulp again
[14:16] {nemo} NSC no bounce with market
01[14:17] {&Threei}  I
01[14:17] {&Threei}  can't
01[14:17] {&Threei}  believe
01[14:17] {&Threei}  NUAN is up whole 6 cents
[14:19] {RonS} woof...thing is a dog
[14:20] {cc_9} GO NUAN GO
[14:20] {cc_9} need to crack $14
01[14:24] {&Threei}  40% Are Less Likely to Vote for an Obamacare Supporter, 38% More Likely
01[14:25] {&Threei}  ron... how does it feel to be in majority for a change
01[14:25] {&Threei}  even as thin one
[14:25] {dino} only took the total ruin of the individual medical insurance market
01[14:26] {&Threei}  well... to repeat,
01[14:26] {&Threei}  [10:34] {&Threei} Large groups of stupid people can accomplish stupid things that an individual stupid person is too stupid to even dream of.
[14:26] {Will49} remaining 22% didn't vote...they're out buying bullets
01[14:26] {&Threei}  LOL: Gold is screaming higher to levels not seen since last Thursday afternoon.
[14:27] {RonS} wait until 50 mil lose their company insurance...
[14:27] {dino} total chaos. dogs and cats living together
01[14:27] {&Threei}  so far by last count, 5 mil lost their coverage
[14:28] {dino} agree ron, the individual med market is toast
01[14:28] {&Threei}  may that be a lesson to really pay attention next time in voting booth
[14:29] {dino} wait until the layoffs from those companies start
[14:39] {RonS} no layoffs from the big cos...they will just exit the health biz...give a cash allotment and all will be on their own...
[14:39] {RonS} ...last to go will be the unin shops...
[14:39] {RonS} union
[14:41] {cc_9} XIV .50s
[14:41] {cc_9} thats fine
[14:41] {cc_9} i m not mad at all
[14:41] {RonS} if and when the union members turn on the dems a la the Nixon years then things can change
[14:42] {RonS} ...since the minorities refuse to get off the kool aid...
[14:44] {RonS} ...the other hope is that some courts enforce the fact that fundamental tenants of the law are unconstitutional...but w/ the courts so loaded w/ dems see nothing happening there...
[14:45] {Will49} what excitement...NUAN JUMPED 1 cent
[14:45] {cc_9} OMFG
[14:45] {cc_9} if it prints .99 again, I will...
[14:45] {cc_9} i will..
[14:45] {dino} lol
[14:45] {cc_9} well, I will just post about it
01[14:46] {&Threei}  you joke... wait till it's at 14.01, yes, I am totally serious!
[14:46] {Will49} yeah...keep me posted on chrystal ball one
[14:46] {Will49} oh chrystal Ball one
[14:47] {nemo} spy and iwm getting to vwap together
01[14:49] {&Threei}  awwww
01[14:49] {&Threei}  it's so cute
01[14:50] {&Threei}  they are getting to vwap together... I picture them hand in hand
[14:51] {cc_9} 13:29 cc_9 Keep an eye on QIHU, its one of the few stocks not crashing here
01[14:51] {&Threei}  https://lh5.googleusercontent.com/-qS7Su3NwxDc/URzUqpa6PJI/AAAAAAABBl8/k8gRQviHNno/w506-h380/Sea_otters_holding_hands.jpg
01[14:51] {&Threei}  that's spy on the left and iwm on the right
[14:51] {RonS} other than yelp sina twtr fb and most of social media...
[14:52] {RonS} p
[14:52] {RonS} bidu goog pcln amzn
[14:53] {RonS} should i go on?
[14:53] {cc_9} XIV .60
[14:53] {cc_9} im not mad at all guys, au contraire, im very cool headed about it
[14:53] {cc_9} its like not bothering me at all
[14:53] {cc_9} i mean, who would be bothered by leaving a used car dealership on the table
[14:53] {cc_9} ha, that would be silly
[14:53] {cc_9} again, im not upset at all.
[14:54] {nemo} {cc_9} ha, that would be silly (sent from Android)
[14:56] {RonS} mei reports bmo...is acting like it wants to fill its gap and is shortable...
[14:57] {cc_9} NUAN : 50 hours to go up 6 cents, loses it in 1 minute
[14:59] {RonS} tellin ya the thing is like Les in the sack...serial disappointer...(sorry Les)
[14:59] {Will49} hahaha
[15:00] {dino} out acmp flat
[15:00] {cc_9} BEAT volume
[15:01] {cc_9} Anyone remember what I said about OCLS once it loses $6.00 ?
[15:01] {cc_9} look at it now
[15:01] {cc_9} Will, tell 'em
[15:01] {Will49} he knew
[15:01] {cc_9} Thanks for standing up for justice.
[15:01] {RonS} lol...too much
[15:01] {Will49} always right
[15:01] {cc_9} preach on
[15:02] {cc_9} Will, tell 'em about BTFD earlier on XIV
[15:02] {cc_9} I dont think they heard the first time
[15:02] {Will49} they heard boss
[15:02] {cc_9} praise the lord.
[15:02] {RonS} thinking i know what Will did at his job...
[15:02] {RonS} ...lapdog...
[15:03] {Will49} janitor
[15:03] {cc_9} There is a diff between agreeing with everything, and agreeing when there is merit
[15:03] {cc_9} Will is a good man
[15:03] {cc_9} he stands up for justice
[15:03] {Will49} yeah...see?
[15:03] {Will49} boss is never wrong
[15:04] {cc_9} NUAN about to bleed here
[15:05] {Will49} hope you're wrong boss
[15:05] {cc_9} idk why, but i lol'ed loudly.
[15:05] {cc_9} off topic
[15:05] {cc_9} no joke or pun...im actually serious for once
[15:06] {cc_9} you guys should watch this movie called "Into The White"
[15:06] {RonS} subtitle "How to snort Cocaine"?
[15:06] {cc_9} German and British ww2 pilots crash each other and are stuck in the snow in Norway having to help one another to survive
[15:07] {cc_9} No, thats "into da white"
[15:07] {nemo} Saw it
[15:07] {cc_9} i said The
[15:07] {RonS} lol...perfect...
[15:07] {cc_9} nemo, ain't it good ?
[15:07] {cc_9} tell 'em
[15:07] {nemo} very
[15:07] {cc_9} see
[15:07] {cc_9} when nemo and I agree, that means its worth looking more into it
[15:08] {nemo} I  vuzed it
[15:08] {RonS} wasn't it vuzzy?
[15:10] {cc_9} Also, if anyone cares
[15:11] {cc_9} House of Cards comes back in Feb 2014
[15:11] {cc_9} yay ?
[15:11] {cc_9} yay
[15:11] {nemo} yeah, that was good
[15:11] {nemo} Justified also
01[15:11] {&Threei}  gosh, I am so behind times... I am just finishing Breaking Bad
[15:13] {Will49} i just love Dr Phil
[15:14] {Will49} (nobody knows what to say)
[15:14] {RonS} no kidding...lol
[15:16] {RonS} mhfi spike
[15:16] {RonS} mhfi 50 mil sh buyback  25% of float
[15:18] {cc_9} the higher XIV goes, the less upset I am
[15:18] {cc_9} I am serious
[15:18] {cc_9} its not bothering me at all
[15:19] {nemo} guess we can't have 4 red days in a row
01[15:19] {&Threei}  it's natural cc9... I once asked someone in US, "so after C and F converge at _40, how do you calculate it after that?"
01[15:19] {&Threei}  answer was: who the f*&k cares, it too frikin cold!"
[15:19] {edgeofsanity} spy just shot up 30 cents and will likely correct now
[15:19] {cc_9} edgeofsanity
[15:19] {cc_9} i done told you to say "bftd" so you get some room cred
[15:20] {cc_9} today was your chance to shine
[15:21] {edgeofsanity} if I had a microscope powerful enough to see the atom, I still could not see my attachment to room cred.
[15:21] {dino} too fast, mpc l .98 out .16
01[15:21] {&Threei}  start by sending it christmas card
01[15:21] {&Threei}  NUAN!
01[15:21] {&Threei}  up 9 cents!
[15:21] {cc_9} it lives
[15:21] {cc_9} VOLUME SPIKE
[15:21] {cc_9} .99
[15:21] {Will49} egads
01[15:22] {&Threei}  10!
01[15:22] {&Threei}  14.01 is here, as promised!
01[15:22] {&Threei}  ok, 1:1
01[15:22] {&Threei}  half out
[15:23] {cc_9} if it goes to 14.02, i will call pump and dump on this HUGE rally
[15:23] {cc_9} god forbid it goes another penny
01[15:29] {&Threei}  well, you know it qwill
[15:30] {cc_9} look @ NUAN offer volume
01[15:30] {&Threei}  the longer it sist here above 14, the more nervous shorts become
[15:30] {cc_9} 42x127
[15:30] {cc_9} :(
01[15:30] {&Threei}  and longs get reassured
01[15:30] {&Threei}  it will vut through that as if it wasn't even there
01[15:31] {&Threei}  cut
[15:31] {cc_9} 43x140
[15:31] {cc_9} :(
[15:31] {cc_9} i want to see the opposite
01[15:32] {&Threei}  watch how it melts
[15:33] {cc_9} ok
[15:33] {cc_9} 71x84
01[15:33] {&Threei}  there you go
[15:33] {cc_9} uptick
[15:34] {cc_9} tehre she is
[15:35] {cc_9} 14.05, there is a God after all
[15:35] {cc_9} NUAN is gona run hard tomorrow
[15:36] {cc_9} XIV 32.00, i sold 31.03 hahahahahaa oh man, im not mad at all
[15:36] {cc_9} all out NUAN
01[15:37] {&Threei}  1/4 more out
[15:38] {nemo} looks like we commence the santa claus rally now
[15:39] {cc_9} XIV session highs
[15:39] {cc_9} oh God, this is painful
[15:40] {nemo} this is forming a hammer on all the indexes
01[15:40] {&Threei}  let's do 1:3, NUAN
[15:40] {cc_9} im going to form a hammer on my skull after watching XIV go
01[15:41] {&Threei}  put to shame all these critics
[15:41] {cc_9} next time i BTFD, im going to do so then cut down my internet line
[15:41] {cc_9} drive to the farthest electronics store and buy a new cord
[15:42] {cc_9} drive back in traffic, take as long as possible
[15:42] {cc_9} then sell when i come back for real profit
[15:42] {cc_9} g_d damn it
01[15:42] {&Threei}  you know that's when they announce they found the ultimate evidence Santa is not real, and market drops 2000 points, right?
[15:42] {cc_9} $4,500 left on the table on XIV
[15:42] {cc_9} im going insane ova heya
01[15:43] {&Threei}  hey, that just means you are not there yet
01[15:43] {&Threei}  it's a good news
[15:44] {cc_9} no its not
[15:44] {cc_9} the news is that i left $4.5k on the table
[15:45] {cc_9} and even the drippiest of thai ladies cant make me feel better, nemo.
[15:47] {nemo} sorry dude
[15:51] {Will49} Don't worry boss...you'll make that up in the first hour tomorrow
[15:51] {Will49} 10-4
[15:52] {cc_9} t-..thanks guys
[15:52] {cc_9} it feels good to know there is someone out there on the internet who believes in you
01[15:52] {&Threei}  ok guys, thank you all
01[15:53] {&Threei}  have a good evening, see you tomorrow
[15:53] {cc_9} Have a good evening Vad, gents.