Thursday, January 9, 2014

Jan 09 2014

Jab exchange with the market for the first half of the day - win one, lose one. We were running slightly in the red up to the last couple hours when we finally hooked 1:2er on P ans 1:3er on FB, and got ahead. Glad to continue with no losing days.


Session Time: Thu Jan 09 00:00:00 2014

[09:04] {RonS} gm...cc down a couple of notches...
01[09:04] {&Threei}  morning ron
01[09:04] {&Threei}  no, it's up
[09:05] {nemo} ?
01[09:05] {&Threei}  ccs are ranked from 1 to 10 where 1 is highest
[09:05] {RonS} 3i those Garden shots are absolutely magnificent...forwarded to my parents to contrast the hot summer day when we visited
01[09:05] {&Threei}  thank you
01[09:06] {&Threei}  quite pleased with them too
[09:08] {dino} gm
01[09:08] {&Threei}  dino :)
[09:09] {nemo} spy solid volume this morning
[09:16] {RonS} icpt wow
01[09:18] {&Threei}  ICPT NASH Primary Endpoint Met: FLINT Trial Stopped Early for Efficacy Based on Highly Statistically Significant Improvement in Liver Histology
[09:21] {RonS} yrcw going to be all over the map
[09:22] {nemo} is the reincarnation of CC going to introduce itself?
01[09:22] {&Threei}  it needs GRMN Ron
[09:22] {nemo} that's a good one vad
01[09:22] {&Threei}  thank you
[09:23] {Les} gm
01[09:23] {&Threei}  les :)
[09:23] {Les} oh look at that, a smile
01[09:23] {&Threei}  yeah, that was one day thing
[09:24] {Les} a fake smile perhaps
01[09:24] {&Threei}  always
01[09:24] {&Threei}  you expect real one??
[09:24] {nemo} twtr has recovered all it's losses
[09:27] {+cc_7} Hi everyone, good morning
[09:27] {+cc_7} my name is mark
[09:27] {+cc_7} and im replacing Danny
[09:27] {+cc_7} please feel free to contact me on any issue
01[09:27] {&Threei}  hey Mark, welcome
[09:27] {+cc_7} my skype is: nonko.trading
[09:28] {dino} welcome mark
[09:28] {ese} morning ladies and gents......
01[09:28] {&Threei}  ese :)
01[09:28] {&Threei}  GDX... .55 break looks like short setup
[09:28] {Les} hey Mark
[09:28] {ese} the ladies part is for les if he's hangin
[09:29] {nemo} funny, I didn't know they had defined a gender for Les yet
[09:29] {Les} one of a kind
[09:29] {Les} hey ese
[09:30] {ese} ya
[09:30] {ese} hey les
[09:30] {ese} probably gonna be out your way agin next year Les.....possibly the netherlands
[09:31] {Les} that's 2 days driving from here dude3
[09:31] {Les} but I get what u r saying
[09:31] {ese} couple of hours by high speed train doing 380 mph
01[09:31] {&Threei} Long Setup:  FB  .75 break
01[09:32] {&Threei}  If holds  .65
01[09:32] {&Threei}  1:1
01[09:33] {&Threei}  if you took GDX, stop is .61
[09:34] {thomcbell} scty wild
01[09:35] {&Threei}  stop to .56 now
01[09:35] {&Threei} Long Setup:  FB  .80 break
01[09:35] {&Threei}  If holds  .70
[09:36] {ese} in fb
01[09:36] {&Threei}  no go
[09:36] {ese} ouch
01[09:36] {&Threei}  SPY sudden drop
[09:37] {ese} didn't get stopped though
01[09:37] {&Threei}  stock itself is strong, market is nervous
[09:38] {nemo} fb likely going for 61
[09:38] {nemo} sorry twtr
01[09:38] {&Threei}  GDX 1:1
[09:38] {ese} got a .64 stop on it
[09:39] {ese} mrkt not helping it
[09:39] {ese} although it's hangin in there
01[09:39] {&Threei}  there is a lot of strength under it
01[09:39] {&Threei}  but look at SPY
[09:40] {nemo} twtr .80 then trap door
[09:40] {Les} i see how far spy gapped up. nice short entry
[09:40] {+cc_7} U.S. stocks opened modestly higher on Thursday after weekly data showed a better-than-expected drop in jobless claims, furthering optimism about Friday's December payrolls report and the economic recovery.
[09:40] {ese} damn nope filled .63 -.18
01[09:41] {&Threei}  don't fight it ese, market is grumpy today
01[09:42] {&Threei} Long Setup:  GLD  .30 break
[09:42] {nemo} queue cat
01[09:42] {&Threei}  If holds  .20
[09:42] {ese} ah ya......not a problem....minor set back
01[09:43] {&Threei}  here is how market looks this morning: https://www.facebook.com/photo.php?fbid=677210755635477&set=a.141401872549704.19305.128631877160037&type=1&theater\
[09:43] {ese} fb should still be up today......will exact revenge later
[09:44] {ese} like the look of the daily
[09:44] {Les} saw russian olympic, was waiting for image of some ballbreaking weightlifter
01[09:45] {&Threei} Long Setup:  C  ..7 break
01[09:45] {&Threei}  .07
01[09:45] {&Threei}  If holds  55
[09:45] {Les} 2 way?
01[09:45] {&Threei}  no
01[09:46] {&Threei}  different entry maybe if invalidates
[09:47] {dino} ual sm s .46
[09:48] {thomcbell} aro chatter
[09:50] {dino} ual stop .71 -.25
[09:51] {thomcbell} mu 23.50 long break if hlding 23.45
01[09:51] {&Threei}  come on C, you almost made it
[09:52] {thomcbell} long rvbd small here
[09:53] {thomcbell} if i could
[09:53] {thomcbell} no bp right now - system issue
01[09:53] {&Threei}  C half out
01[09:53] {&Threei}  stop to .04
01[09:54] {&Threei}  let's trail GLD to .24
[09:54] {dino} gpor sm l .90
[09:54] {Les} had bp issues jsut resolved missed gld and c
01[09:55] {&Threei}  out GLD
[09:56] {thomcbell} mu 1:1
[09:57] {thomcbell} if anyone did it
[10:01] {thomcbell} fb looking vulnerable here but two sided 58.40 and 58.50
[10:02] {dino} out gpor .45, +.55
[10:02] {RonS} gj
06[10:02] * Les is begrudgingly obliged to stir up Nemo as cc9 is no longer room entertainment
[10:02] {dino} ty
01[10:02] {&Threei}  wtg dino
[10:02] {dino} ty
01[10:04] {&Threei} Long Setup:  MU  .60 break
01[10:04] {&Threei}  If holds  .50
01[10:04] {&Threei}  since we missed tbell's setup...
[10:04] {nemo} twtr bounce?
[10:04] {nemo} .75 support
[10:05] {nemo} nope
01[10:05] {&Threei}  no... falling knife
01[10:05] {&Threei}  C stop to .09
01[10:05] {&Threei}  MU 1:1
[10:06] {thomcbell} mu 1:2 vad for me
[10:06] {thomcbell} lol
01[10:06] {&Threei}  yes :)
[10:06] {Les} bragging rights lol
[10:06] {dino} cnat spike
01[10:06] {&Threei}  hey... I cracked thrid smile in 36 minutes
01[10:07] {&Threei}  you know what? it hurts
01[10:07] {&Threei}  I can see why nemo opted out of smiling
[10:07] {nemo} not worth the pain
01[10:08] {&Threei}  what's with rug pulling on SPY today
[10:09] {Les} Armstrong pointed to DJIA 16500 or thereabouts as resistance
[10:12] {dino} neil?
01[10:12] {&Threei}  remember alll our jokes about analyst up- and downgrades as tool to dumop or accumulate shares?
[10:12] {RonS} jack?
01[10:12] {&Threei}  turns out, they were not jokes at all
01[10:12] {&Threei}  http://www.reuters.com/article/2014/01/09/us-blackrock-agreement-idUSBREA0808S20140109
[10:12] {nemo} Daniels?
[10:12] {Les} Lance
[10:12] {Les} does dope and market predictions
[10:14] {dino} yrcw going for gap
[10:15] {Les} god silverlights a shit
[10:15] {nemo} what browser?
[10:15] {Les} doesn't matter
[10:15] {Les} still shit
[10:15] {nemo} yeah, but more stable in IE for FSC
[10:16] {thomcbell} QIHU weak, QIHU NEGATIVE CALL: Qihoo 360 Search  market share much lower than claimed, iResearch analyst  says   Qihoo 360 Search's market share was only 14.4% in November  instead of the approximately 22% alleged by co, said Wang Yaqian, an analyst  with iResearch.
[10:16] {Les} hear google developing code that avoids apps like flash and silverlight. ab out bloody time
[10:16] {ese} whats the dow at now nemo?
[10:16] {thomcbell} i dont know who thta firm is
[10:16] {nemo} dow, or dia?
[10:16] {Les} k will try IE
[10:16] {thomcbell} mu trades great imo
[10:16] {nemo} 16421
01[10:16] {&Threei}  BBs tighten on MU
01[10:16] {&Threei}  about to break
01[10:17] {&Threei}  either way
01[10:17] {&Threei}  my read is up but SPY is ridiculously weak
[10:17] {nemo} spy and iwm coming into pivot
[10:17] {Les} Nemo any performance boosting software for this beast while its up and running?
[10:18] {nemo} what, Silverlight?
[10:18] {ese} tks
[10:18] {ese} dia
[10:19] {Les} nah 10 sec clean up of the whole system sort of stuff
[10:19] {nemo} CCleaner
[10:19] {Les} think its just silverl just dicking me here though
[10:19] {Les} got that
[10:20] {ese} any particular reason for 16500 being resistance
[10:20] {nemo} well, you hjave fsc reset?
[10:20] {Les} ?
[10:20] {ese} ?
[10:22] {Les} http://tinyurl.com/nwsd4fy
[10:22] {Les} see DJIA tapping resistance on the rising channel
[10:23] {Les} wondering now if we get pullback to suck in the "I told u so" bears
[10:23] {Les} if the public ain't in, the fat lady ain't singing
[10:24] {thomcbell} fb nearing pivot
[10:27] {dino} cnat sm s .00
01[10:33] {&Threei} Short Setup: IWM  .75 break
01[10:34] {&Threei}  If holds  .85
01[10:36] {&Threei}  Invalidated
[10:38] {ese} am watching fb today thom
[10:38] {Les} PLUG daily reversal bar
[10:38] {thomcbell} me too
[10:39] {thomcbell} if market gets footing it will go
[10:39] {nemo} iwm and spy hanging above weekly pivots...likely not do much until jobs tomorrow
[10:40] {dino} cnat stop -.35
[10:41] {Les} http://imageshack.com/a/img46/4712/qd92.gif
[10:41] {Les} here ese
[10:41] {Les} rising channel upper resistance monthly chart
[10:42] {Les} could breakout but...
01[10:42] {&Threei}  frikin IWM got away
[10:42] {thomcbell} testing pivot spy
[10:42] {ese} tks les
01[10:44] {&Threei}  grrrr
01[10:44] {&Threei}  can't believe this thing invalidated, and then dropped with no proper setup
[10:45] {nemo} what, iwm
[10:45] {nemo} double top
[10:45] {nemo} 114.90
[10:45] {thomcbell} scty tested pivot and trying to hold
01[10:46] {&Threei} Short Setup: CAT  .75 break
01[10:46] {&Threei}  If holds  .85
[10:49] {nemo} ese, and Les, contact FSC support have them give you a link to fscreset.exe
[10:50] {Les} k ty. will see how day goes in IE
[10:51] {ese} what is it though nemo.......or did you answer that and I missed it
[10:51] {nemo} it clears storage in FSC, then you log back in
01[10:52] {&Threei}  no go
[10:52] {ese} toying with fb long at .00
[10:53] {ese} sm fb .01 L
01[10:54] {&Threei}  so so day so far
[10:54] {+cc_7} Market back in the range started Jan 1st
[10:54] {Les} sm. PLUG short .80 if holding .90
[10:54] {nemo} this major support for spy this week
[10:55] {ese} out fb .00 -.01
[10:55] {ese} spy looking weak
[10:55] {nemo} algo view:  http://imageshack.com/a/img833/6237/1t1u.jpg
[10:55] {nemo} partial too, weak is huge no surprise
[10:56] {RonS} wow
[10:56] {ese} bastard ......spy.hammer
[10:56] {nemo} MPC may be coming into fade territory
[10:56] {Les} can't short PLUG
[10:56] {nemo} yeah, couldn't fit all the weak on the screen
[10:57] {ese} rats eh les....last time I had a short PLUG couldn't fill up my tub with water
[10:58] {Les} alas nailed the setup but no moneyhoney
[10:59] {Les} remember this gameplay from a rather obnoxious young reversal trader... can't remember his name... always cussing... always dissing others
[11:00] {nemo} ?
[11:00] {Les} these daily swing reversals. followed a young trader for a time, spent a month in his room with him
[11:00] {Les} PLUG
[11:01] {nemo} ahhhh
[11:01] {Les} of course he was allover them at the open
01[11:01] {&Threei}  where do you find those idiots...
[11:01] {nemo} attracts them
[11:01] {nemo} this is the exception that proves the rule
[11:02] {Les} yeh alikeness attracts
[11:02] {thomcbell} scty nice pivot buy
[11:03] {+cc_7} Federal prosecutors in New Jersey will begin a preliminary inquiry into the lane closures in Fort Lee, according to a law enforcement source.
[11:04] {RonS} and if it was a dem they would say "nothing to see here"
01[11:05] {&Threei} Long Setup:  FB  .85 break
01[11:05] {&Threei}  If holds  .75
01[11:06] {&Threei}  not yet
01[11:08] {&Threei} Long Setup:  FB  .75 break
01[11:08] {&Threei}  If holds  .65
01[11:08] {&Threei}  invalidated again
01[11:08] {&Threei}  turn is very close
01[11:09] {&Threei} Long Setup:  FB  .65 break
01[11:09] {&Threei}  If holds  .55
01[11:09] {&Threei}  ok... really should be ready now
01[11:10] {&Threei}  sheesh
01[11:10] {&Threei}  what's with teleportations
01[11:11] {&Threei} Long Setup:  IWM  .30 break
01[11:12] {&Threei}  If holds  .20
[11:13] {Les} got taken .74 fb
[11:13] {Les} and no where need frikin fast enough to stop out as was supposed to
[11:13] {Les} near not need
01[11:15] {&Threei}  IWM 1:1
[11:16] {Les} half out .39 ty
01[11:16] {&Threei}  now come on IWM, don't be a scalp
01[11:16] {&Threei}  you can make .60 -70 easy
[11:16] {Les} vwap .75 yeh
[11:16] {Les} should have more
[11:18] {Les} FB 2nd half stop +.01
[11:18] {Les} moving too fast for me
[11:19] {Les} fb might db round here
01[11:21] {&Threei}  shrug
[11:22] {Les} volumedumping here in iwm
01[11:22] {&Threei}  back and forth day, nothing even close to what we did this whole week
[11:24] {dino} yrcw sm l .34
[11:28] {Les} lunch break back 1 hr
[11:35] {dino} out yrcw .65, +.31
01[11:35] {&Threei} Short Setup: GLD  .05 break
[11:35] {RonS} gj
01[11:35] {&Threei}  If holds  .15
01[11:35] {&Threei}  wtg
[11:35] {dino} ty
[11:35] {ese} L fb .75
[11:38] {thomcbell} rvbd 19.60 long break if holding 19.50
[11:42] {ese} ½ fb .92 +.17 thats what i'm talkin about!!!!
[11:43] {ese} and then some
[11:43] {ese} stop to break even balance
[11:44] {ese} out full .98 +.23.......
[11:44] {ese} it's been a good day....gotta go cya tomorrow
01[11:44] {&Threei}  take care ese
[11:44] {ese} cya vad
01[11:45] {&Threei}  not my day obviously
[11:48] {dino} cya es
[11:48] {RonS} late and a letter short?
01[11:49] {&Threei}  lol
01[11:50] {&Threei}  (US) House Speaker Boehner (R-OH): Senate democrats are blocking the GOP's job creation legislation; extending unemployment benefits insurance needs to be paid for with an offset to get the economy moving- Expecting the trade promotion legislation to be introduced today
[11:51] {RonS} regn sm l 268.50
[11:55] {dino} data sm l .68
[12:00] {RonS} sm l? data was a robot no l at all...
01[12:02] {&Threei}  still sitting with GLD
[12:04] {nemo} dino 69 level likely limit
[12:07] {RonS} out regn +.24 ubiquitous offers scaring me out...usually thinner
[12:11] {dino} cut thru it like butterout .24, +.56
01[12:12] {&Threei}  wtg
[12:12] {dino} ty
01[12:12] {&Threei}  {GLD}: don't you get it? it's NOT your day
[12:29] {RonS} wag the big dog...
[12:31] {RonS} qihu keelhauled
[12:43] {nemo} wow IWM not even available to short anymore
[12:45] {RonS} damn dino how did we miss ioc last 3 days?
01[12:46] {&Threei} Long Setup:  P  .70 break
01[12:47] {&Threei}  If holds  .60
01[12:50] {&Threei}  Invalidated
01[12:51] {&Threei}  this is half funny, mostly true and goes along the lines of yesterday's no smile experiment: http://ht.ly/sqsx5
[12:54] {RonS} omg did Tolstoy write that?
[12:54] {dino} ron, been tough last 3 days, thats how
[13:00] {Les} god no wonder the russian guests looked at me like they wanna kill me when i was frontin a hotel
[13:01] {Les} about to return to work permanent, so useful info thansk
[13:01] {nemo} using you as confirmation on a general trend is suspect...a teddy bear would probably want to kill you
[13:01] {RonS} oof
[13:01] {Les} someone's gotta be yang
[13:02] {Les} MU fading
01[13:03] {&Threei} Long Setup:  P  .65 break
01[13:03] {&Threei}  If holds  .55
[13:03] {Les} sm iwm short .94 hilding .00
[13:12] {Les} 1:1
01[13:13] {&Threei}  stop to .59
[13:15] {Les} wow I scare myself sometimes. scratch that IWM trade
01[13:17] {&Threei}  why?
[13:17] {RonS} throw away the mirror?
[13:17] {nemo} mirror Vad
01[13:17] {&Threei}  oh
[13:17] {nemo} nice Ron
01[13:17] {&Threei}  lol
[13:17] {Les} let's just say the drugs don't work
[13:17] {nemo} try strychnine
[13:18] {Les} u sure?
[13:18] {Les} dumbass...
[13:21] {dino} yrcw drop
[13:21] {RonS} union vote results?
01[13:22] {&Threei}  don't see any news yet
01[13:23] {&Threei}  1:1
[13:25] {dino} yrcw smr l .04
[13:25] {Les} Vad does this russian approach to smiling extend to peoples next to russia?
[13:25] {Les} poland, ukraine etc?
01[13:25] {&Threei}  ukraine, certainly
01[13:26] {&Threei}  poland, don't know
[13:26] {Les} k
[13:30] {RonS} took .20 thanks 3i P
01[13:31] {&Threei}  :)
01[13:31] {&Threei}  can't believe something went to 1:2
01[13:31] {&Threei}  is this a first today?
[13:36] {Les} FB testing morning lows
[13:48] {dino} yrcw stop .84 -.20
[13:48] {Les} dino potential DT GRFS
[13:48] {Les} looks like a skinny
[13:52] {RonS} dino...wll
01[13:56] {&Threei}  why didn't we short FB at .60
01[14:05] {&Threei} Long Setup:  FB  .90 break
01[14:05] {&Threei}  If holds  .80
[14:06] {RonS} man oil crashing 91.33
01[14:07] {&Threei}  no tears here
[14:07] {RonS} tick -1000
[14:08] {RonS} cc gone no crashathon commentary...
[14:10] {Les} damn GRFS textbook DT
01[14:14] {&Threei}  so was FB, and didn't work
01[14:15] {&Threei}  whole day is jab exchange with the market
01[14:15] {&Threei}  win one, lose another
[14:28] {dino} same here
01[14:29] {&Threei}  well, we had strong last week and 3 days of this one... I guess were due to pause
01[14:35] {&Threei}  let's see if we get nice juicy double bottom
01[14:36] {&Threei} Long Setup:  FB  .75 break
01[14:36] {&Threei}  If holds  .65
01[14:37] {&Threei}  let's go FB
01[14:37] {&Threei}  give us 1:3 and I'll forgive you
01[14:38] {&Threei}  1:1
06[14:41] * &Threei kicks FB in the rear
01[14:45] {&Threei}  1:2
01[14:45] {&Threei}  2/3 of forgiveness has been earned
[14:50] {nemo} fdo interesting at .10
[14:50] {nemo} floated up with market
01[14:52] {&Threei}  1:3 baby
01[14:52] {&Threei}  out
01[14:52] {&Threei}  this trade actually took me back in black
[14:53] {nemo} was AC/DC most of the day, huh?
[14:53] {nemo} volume FDO
01[14:53] {&Threei}  and I just realized.... Ron, you must be slipping if you didn't call me on "juicy double bottom"
[14:53] {RonS} ha
01[14:55] {&Threei}  1:4
01[14:55] {&Threei}  oh well, I needed to secure that win
01[14:56] {&Threei}  had strong feel it was 1:5 bound, but wth the shaky day we had, locking it in was in order
[15:11] {RonS} sorry, passed on fb...was distracted w/ wll trade .55 to .05  +.50
01[15:12] {&Threei}  :(
01[15:18] {&Threei} Short Setup: GLD  .40 break
01[15:18] {&Threei}  If holds  .50
01[15:22] {&Threei}  Invalidated
[15:22] {nemo} even gold not behaving today
01[15:46] {&Threei}  search for the last play proved to be fruitless
[15:46] {dino} calling it a day, gn all
01[15:46] {&Threei}  take care dino
[15:46] {Les} k
[15:46] {Les} me 2 gotta work a+
01[15:46] {&Threei}  happy to eeck out slightly positive dsy
01[15:47] {&Threei}  day
01[15:47] {&Threei}  eck
01[15:47] {&Threei}  nevermind... back to typing with my knees
[15:47] {dino} nemo, what we talked about yesterday. look gwph, +9 on secondary offering at 36. wtf
01[15:47] {&Threei}  thank you all, have a great evening
[15:47] {nemo} hehehehehehe
01[15:48] {&Threei}  see you tomorrow
[15:48] {nemo} can you say "bull market"