Monday, January 13, 2014

Jan 13 2014

Catch of the Day, GM short - 5 cents risk, 30 cents reward. This is actually second short on this name today, first resulted in 20 cents profit. 


With that, and 1:3 on FB bounce, we finished positively even though with not as much profit as we would have liked, as a few rinses made some dent.

Session Time: Mon Jan 13 00:00:00 2014
[08:51] {_thenexttick} gm
01[08:52] {&Threei}  morning tick
[08:55] {Les} gm
[08:55] {fish_49} gm tick  gm Les  Gm Vad
[08:56] {fish_49} and Robbers
[08:56] {fish_49} US and Canadian dollars on the tun this morning
[08:56] {fish_49} the Yen woke up from a long hibernation.  for once has the most volume for Currency futures
[08:58] {Les} http://www.ft.com/intl/cms/s/2/9b50c6a4-34c1-11e3-8148-00144feab7de.html#axzz2qHqjPKCU
[08:58] {Les} commentary on the US dollar worth reading
[08:59] {fish_49} thanks
01[09:00] {&Threei}  les, fish :)
[09:00] {Les} something I keep an eye on when the Swiss Franc finally gets punished for buying too many Euros
[09:02] {fish_49} the Swiss Franc and the Euro usually trade side by side.  I don't usually look at the SF because there is more volume in the Euro  usually
[09:03] {dino} gm
[09:04] {fish_49} Dino  GM
[09:04] {RonS} greetings
01[09:04] {&Threei}  dino, ron :)
[09:13] {thomcbell} gm all
01[09:14] {&Threei}  tbell :)
[09:14] {thomcbell} action was sneaky last week - very tight range but we closed high in the weeks range and the advancers beat decliners by a wide margin on friday best of week
[09:19] {nemo} Hey Dino, watch any football this weekend?
[09:20] {dino} yes, on saturday, say both games
[09:20] {nemo} I know I'm biased but given the Patriots' injuries this year, what Belichick has done is simply amazing
[09:21] {dino} yeah, who would've thought they'd turn into a running offense in the playoffs
[09:21] {thomcbell} unreal
[09:21] {nemo} They actually played that way for about the last 1/3 of the season
[09:21] {fish_49} Thanks for the help this weekend  Vad  I owe u a cup of coffee
[09:21] {ese} gm
[09:21] {nemo} punter goes down, so kicker takes over and Brady holds...wtf
01[09:21] {&Threei}  ese :)
[09:22] {dino} yeah, thats something
01[09:22] {&Threei}  np fish, let me know what you end up with
[09:22] {nemo} Brady said he hadn't done that since college
[09:22] {fish_49} http://s1332.photobucket.com/user/bkhmd/media/CoffeeMugforVad_zps5200abf1.jpg.html
[09:22] {fish_49} coffee for u
01[09:23] {&Threei}  nah... that's Canon which I dislike, and it leaks
[09:23] {ese} We up here in the north west are rooting for the seahawks.....
[09:23] {fish_49} lol
[09:24] {dino} well, brady is a cool guy under pressure, sure he could do alot of things. one of the all time best imo
[09:24] {dino} just wish he was on jets
[09:24] {nemo} that seems to be the general consensus
[09:24] {nemo} did the musician say something?
[09:25] {ese} ha ha........ha ha
[09:25] {nemo} go back and oggle your female students (lucky bastard)
[09:25] {nemo} or is it "ogle"?
[09:25] {ese} lol
[09:26] {robbers} I think the word is "appreciate."
[09:26] {ese} have 3 favorite teams down there......Packers, Cowboys and Seahawks
[09:26] {nemo} funny though, at my age, I see a beautiful woman, I appreciate it, but this neon sign flashes in my mind "Trouble!"
[09:26] {robbers} For her maybe.
[09:27] {ese} remember watching the packers in the first 3 superbowls as a kid....awesome....been a packer fan the longest
[09:27] {nemo} nah, I mind my P's and Q's   I also find myself thinking more like a parent, which scares the bejeezus out of me
[09:27] {ese} ba dap bap!!!!! nice one robbers
[09:27] {RonS} "there is no woman, however beautiful, that some guy, somewhere, thanks God he is away from her"  Dennis Rodman
[09:28] {nemo} Hah!  old line
[09:28] {RonS} only sensible thing he's ever said...
[09:28] {nemo} A Russian friend of mine told me that
[09:29] {RonS} dinasaur bowl:  Manning/Brady XV
[09:29] {nemo} good one
[09:29] {nemo} Manning may be his last year
[09:31] {RonS} Colts said that two years ago...
01[09:31] {&Threei} Long Setup:  FB  58 break hl
01[09:31] {&Threei}  If holds  .90
01[09:31] {&Threei}  1:1
01[09:32] {&Threei}  1:2
[09:32] {robbers} Good call Vad.
01[09:33] {&Threei}  was very nice of it to return and pick up late passengers
01[09:34] {&Threei}  nice rug pull
01[09:35] {&Threei}  let's see if there is another entry
[09:35] {Les} looking for iwm ressiswtance around .50 maybe dt
01[09:35] {&Threei}  somewere about .70 - .80
[09:38] {thomcbell} mu at pivot and thru
01[09:38] {&Threei}  well, .80 was an entry but happened too fast for a call
01[09:39] {&Threei} Short Setup: GLD  .25 break
01[09:39] {&Threei}  If holds  .35
01[09:39] {&Threei}  let's see if we are friends with GLD today
[09:39] {dino} bti sm l .35
[09:40] {dino} iep drop
[09:40] {Les} messy iwm entry no dice
01[09:41] {&Threei} Long Setup:  FB  .70 break
01[09:41] {&Threei}  If holds  .60
01[09:43] {&Threei}  a bit too heavy... let's trail to .64
01[09:43] {&Threei}  don't wantr to get caught into another rug pull
[09:44] {nemo} next 15 minutes is HFT party time
[09:44] {dino} 'iep smr l .09, wide/gappy
01[09:45] {&Threei}  out
01[09:45] {&Threei}  good idea to tighten
01[09:46] {&Threei}  no worky GLD
[09:47] {Les} GLD at the 50 didn't notice that
01[09:48] {&Threei} Long Setup:  C  .40 break
01[09:48] {&Threei}  If holds  .30
01[09:50] {&Threei}  SPY is indecisive
[09:50] {Les} long iwm
[09:50] {nemo} couple of the big banks report tomorrow, we may be waiting on that
[09:51] {Les} .95
[09:51] {Les} 1:1
01[09:51] {&Threei}  C stop to .34
[09:52] {Les} quarter at .13
[09:55] {Les} trail stop
[09:57] {_thenexttick} coals going WLT,ANR
01[09:58] {&Threei}  half out C
01[09:58] {&Threei}  .47
01[09:59] {&Threei}  stop .39 for the balance
[09:59] {dino} bti stop -.35
[10:01] {dino} alny crazy
01[10:02] {&Threei}  nice move IWM
[10:02] {Les} watching for c&h setup
[10:07] {Les} charts showing teleportation dogdgy data this open
[10:08] {Les} candles keep changing
[10:09] {dino} bti rinsed
01[10:10] {&Threei} Short Setup: BP  .80 break
01[10:10] {&Threei}  If holds  .85
01[10:13] {&Threei}  meh
[10:14] {nemo} freestockcharts is screwed up
[10:14] {nemo} bats exchange feed
[10:16] {Les} yeh
[10:16] {Les} short BP .83 hilding the high
01[10:23] {&Threei} Long Setup:  IWM  .40 break
01[10:23] {&Threei}  If holds  .35
01[10:23] {&Threei}  aggressive for .45
[10:24] {dino} out iep .50, +.41
01[10:24] {&Threei}  meh
01[10:25] {&Threei}  wtg dino
[10:25] {Les} BP 1:1
[10:26] {dino} added sm amt alny puts
[10:28] {dino} bti l .76
01[10:35] {&Threei}  watching GM for long entry on pullback
[10:38] {dino} vjet spike
[10:38] {dino} rcpt spike
[10:40] {thomcbell} fb looking for along setup
[10:41] {Les} BP VAD
01[10:41] {&Threei}  FB not finding footing today
[10:41] {Les} might be your short setup here
[10:42] {dino} bti stop to .99
[10:43] {thomcbell} GM migh be 40.63 long break
[10:43] {thomcbell} fb nothing
[10:46] {dino} out bti .98, +.22
01[10:48] {&Threei} Short Setup: GM  .57 break
01[10:48] {&Threei}  If holds  .64
[10:52] {RonS} took iep 112.60 out 114.45 +1.85 thanks dino and Carl...
[10:52] {Les} bitchen... gj
01[10:54] {&Threei}  cover half GM here
01[10:54] {&Threei}  sharp drop
[10:54] {nemo} c u gotta leave for awhile
01[10:54] {&Threei}  stop to .61
01[10:55] {&Threei}  to .58
[10:57] {Les} BP 2nd half stop
[10:59] {dino} vsm s alny 109.12 pulp
01[11:01] {&Threei}  give us another leg down, GM
[11:05] {dino} cov alny 107.54 +1.58
[11:05] {RonS} gj
[11:05] {dino} ty
01[11:05] {&Threei}  stop to .56
[11:06] {Les} short BP .79 last try
[11:07] {Les} holding .86
01[11:07] {&Threei}  1/4 more out
01[11:07] {&Threei}  stop to .51
[11:09] {RonS} sm l ssys 133.74 s/l lod
01[11:12] {&Threei}  closed last piece of GM
[11:16] {Les} BP 1:1
[11:16] {Les} .85 is S3, proving strong resistance at moment
[11:20] {Les} DIA inverted c&h following H&s b/d
01[11:24] {&Threei} Short Setup: MCD  .05 break
01[11:24] {&Threei}  If holds  .15
01[11:29] {&Threei}  Invalidated
[11:36] {dino} cme sm l .26
[11:52] {thomcbell} groundhog day December 26th over and over and over and over
[11:52] {thomcbell} and...........over
01[11:54] {&Threei} Short Setup: GM  .45 break
01[11:54] {&Threei}  If holds  .50
01[11:57] {&Threei}  let's lose .40 this time, GM
01[11:57] {&Threei}  and crrrrrash
01[12:00] {&Threei}  ICPT, hseesh
01[12:00] {&Threei}  insanity incorporated
[12:00] {dino} crazy one up 360 pts in 2 days
[12:01] {Les} WTF lol didn't see what the fuss was about
01[12:01] {&Threei}  weekend news on it was included in Sunday Links e-mail
01[12:01] {&Threei}  anyone reads that?
01[12:01] {&Threei}  GM 1:1
01[12:01] {&Threei}  good boy
01[12:01] {&Threei}  girl?
[12:01] {RonS} down 180 overnight...Barrons mention that the new drug causes cholesteral...the horror...
[12:01] {Les} not specific stocks, no. read the weekly market picture...
[12:03] {Les} quarter off BP at .61
[12:03] {Les} covered should say
[12:04] {Les} can we get retest of opening low???
[12:05] {dino} sure
01[12:05] {&Threei}  why not
01[12:05] {&Threei}  OGEN Halted; circuit breaker
[12:05] {Les} it was a rhetorical question given to the market messieurs...
01[12:06] {&Threei}  Textura Corp Hearing weakness attributed to Citron research tweet reiterating cautious stance- Tweet: A picture is worth 1k words. Citron proves $TXTR CEO involvement with nefarious stock promoters, and the coverup is worse.
01[12:06] {&Threei}  lol
[12:07] {dino} that was cc9 stock
[12:08] {RonS} ...thye trader formerly know as "Prince"?
[12:16] {Les} nursing last quarter of BP and getting ready for nightshift. a+
[12:19] {fish_49} good job Les
01[12:24] {&Threei}  1
[12:24] {fish_49} 2
[12:24] {fish_49} pm
01[12:24] {&Threei}  1;2 GM
01[12:27] {&Threei}  GM is our best girl today
[12:29] {dino} alny puts working nicely
[12:31] {nemo} what I miss?
[12:31] {nemo} other than the indexes letting go
[12:32] {dino} nothing
[12:32] {fish_49} gm wanting to fall further
01[12:32] {&Threei}  i hope
[12:32] {fish_49} wb Nemotoad
[12:32] {nemo} hey joe
01[12:36] {&Threei}  1
01[12:36] {&Threei}  1;3 GM
[12:37] {fish_49} 0.10 looks like a pause and perhaps bounce gm
01[12:37] {&Threei}  out in full
[12:37] {thomcbell} very nice vad
01[12:38] {&Threei}  :)
01[12:41] {&Threei}  wow
01[12:41] {&Threei}  had even more in it
[12:45] {fish_49} ya think cc9 is buying these dips?  no news  no reason for the drop in general indexes especially during lunch
01[12:45] {&Threei}  if he does, it hurts
[12:45] {fish_49} is it still fear of the end of tapering and possible rate increase?
01[12:46] {&Threei}  who knows...
[12:46] {dino} i don't think so fish
[12:48] {nemo} spy gonna' check 183
[12:48] {nemo} just the hft algo's looking for order flow
[12:48] {fish_49} whats ur opinion Dino
01[12:49] {&Threei} Long Setup:  LULU  .20 break hl
[12:49] {fish_49} getting ready to try the YM  long aoround 16296
[12:52] {dino} stc alny puts, +4 or 87%
[12:53] {RonS} wtg
[12:54] {dino} ty
[12:54] {thomcbell} mcp i have a buy stop of 5.52 in there
[12:54] {thomcbell} 5.53
[12:54] {thomcbell} thing is acting sneaky
[12:57] {thomcbell} lulu looks like 50.09 stop on long and reverse short
[12:57] {dino} mck drop
01[13:00] {&Threei}  meh
[13:04] {dino} mck smr l .12
[13:07] {dino} stop
[13:13] {dino} rinsed
01[13:20] {&Threei} Short Setup: SODA  .25 break hl
01[13:20] {&Threei}  ugh, late
01[13:22] {&Threei}  grrr... got away
[13:23] {dino} prta drop
[13:25] {thomcbell} lulu 1:2 hehe
01[13:25] {&Threei}  yeah
01[13:28] {&Threei} Long Setup:  NES  .65 break
01[13:28] {&Threei}  If holds  .60
01[13:31] {&Threei}  nope
[13:37] {goinshort} how about a BBY short?
01[13:38] {&Threei}  no clear setup yet
01[13:40] {&Threei}  frikin SODA
01[13:45] {&Threei} Short Setup: LULU  .85 break hl
01[13:45] {&Threei}  If holds  .95
01[13:50] {&Threei}  1:1
01[13:52] {&Threei}  1:2
[13:52] {fish_49} gotta swim  see ya tomorrow guys
01[13:52] {&Threei}  take care fish
[13:53] {goinshort} Nice call V - thanks
01[13:55] {&Threei}  :)
[13:56] {nemo} saw a funny tweet by @neinquarterly:  Why did the Bavarian cross the road?  He was putsched.
01[13:59] {&Threei}  (US) DEC MONTHLY BUDGET STATEMENT: $53.2B V $44.0BE
[14:05] {RonS} those Allstate daable check tv ads with aaron rogers pretty funny...george from cheers reading "ditka quarterly" and the other guy reading "bratwurst afficianado"
01[14:16] {&Threei}  I guess they don't run here
01[14:16] {&Threei}  haven't seen any
[14:16] {thomcbell} yes pretty funny
[14:17] {thomcbell} tail on C
[14:39] {thomcbell} sbux 75.50 short break if holding 75.60
[14:51] {thomcbell} sbux 1:2
01[14:52] {&Threei}  wtg
01[14:53] {&Threei} Long Setup:  LB  .95 break
01[14:53] {&Threei}  If holds  .90
01[15:00] {&Threei}  Invalidated
[15:02] {dino} viix l .91
01[15:04] {&Threei}  FB can't stop dropping
01[15:05] {&Threei}  giving serious thoughts to switching from BTFD to STFS mode
[15:05] {dino} out viix .17, +.26
[15:07] {RonS} wtg
[15:08] {thomcbell} cover rest of sbux if anyone there
[15:09] {dino} vxx s .51
[15:09] {thomcbell} fb nasty
01[15:12] {&Threei} Long Setup:  FB  .85 break
01[15:12] {&Threei}  hl
01[15:13] {&Threei}  If holds  .75
01[15:13] {&Threei}  1:1 in a hurry
01[15:15] {&Threei}  Target Corp Reportedly Democrats on House Financial Services Committee are looking to open an inquiry into events surrounding the Target data breach
01[15:16] {&Threei}  frikin busybodies
[15:16] {nemo} they oughta' look into healthcare.gov
01[15:16] {&Threei}  1:2
01[15:16] {&Threei}  as if they understand anything in that breach, or can do anything avbout it
01[15:19] {&Threei}  1:3
01[15:20] {&Threei}  out
[15:26] {thomcbell} sbux 1:6
[15:27] {thomcbell} rats
01[15:27] {&Threei}  :)
[15:27] {thomcbell} have to run guys - nice job today Vad culling some winners
01[15:27] {&Threei}  take cate tbell, ty
01[15:28] {&Threei}  culling or calling?
[15:28] {thomcbell} calling
01[15:28] {&Threei}  :)
01[15:32] {&Threei}  let's see if we get one more play off double bottom on FB
01[15:33] {&Threei} Long Setup:  FB  .95 break hl
01[15:33] {&Threei}  If holds  .85
01[15:35] {&Threei}  nope, fear closes the day
[15:52] {dino} cov vxx .42, +.09
01[15:54] {&Threei}  FB did a nice bounce
[15:55] {nemo} went with indexes
01[15:56] {&Threei}  OK guys, thank you
01[15:56] {&Threei}  have a great evening, see you tomorrow
[15:57] {goinshort} Thanks V !!
[15:59] {dino} gn all