Thursday, January 23, 2014

Jan 23 2014

When you open the day like this, you have a pleasant choice - stay for more or go back to sleep.

We elected to stay and added a few more winners, including nice 1:3 on EBAY.

Session Time: Thu Jan 23 00:00:00 2014
[09:00] {Les} yo
01[09:00] {&Threei}  Les :)
[09:01] {nemo} can the day get any worse
[09:01] {Les} sure
[09:01] {Les} you could be hit by a car
[09:01] {nemo} did that already
01[09:01] {&Threei}  car is totaled?
[09:01] {nemo} it was actually an 18 wheeler hauling gasoline
[09:01] {Les} doesn't count
[09:02] {Les} girlie man
[09:02] {nemo} excuse me?
[09:02] {nemo} an 18-wheeler hauling 12,000 gallons of gasoline doesn't count?
[09:02] {Les} course it doesn't
[09:03] {Les} :)
06[09:03] * nemo is speechless
[09:03] {Les} bout bloody time
[09:03] {nemo} I can't believe how much I overestimated your cognitive abilities
[09:03] {Les} and...?
[09:04] {nemo} that's what left me speechless
[09:04] {Les} Euro higher low looking like slow asphxiation for EU
[09:10] {Les} got home midday and saw the charts... one SPY short at 1:30 constituted the day's trading
01[09:18] {&Threei}  Justin Bieber arrested for drag racing and DUI in Miami Beach, Fla., police say
01[09:18] {&Threei}  there is still hope for humanity
[09:19] {Les} hopefully he can smash himself into a tree at 150MPH too in the not too distant future
[09:20] {nemo} I like the idea of being burn't over like 90% of his body
01[09:20] {&Threei}  I am not that bloodthirsty, I will settle for release under firm promise never to sing anymore
[09:20] {nemo} and make him have a vasectomy
[09:21] {robbers} I hope he meets someone in jail who thinks he's cute.
01[09:21] {&Threei}  lol
[09:21] {RonS} howdy doodies
[09:21] {nemo} yeah, he'll really get to work on his oral skills
01[09:21] {&Threei}  ron :)
[09:21] {cc_7} Financial data firm Markit said its preliminary U.S. Manufacturing Purchasing Managers Index dipped to 53.7 from December's reading of 55.0. Economists polled by Reuters expected no change.
[09:21] {nemo} where's Dino?
[09:22] {robbers} Squeal like a pig in C minor.
01[09:22] {&Threei}  digs out?
01[09:22] {&Threei}  cc7 :)
[09:22] {RonS} managing his real estate empire?
[09:22] {nemo} he'd be a good guy to have as a landlord
01[09:22] {&Threei}  (GR) Troika doesn't want to agree any terms with Greece before their return - press- Eurogroup to state Greece must comply with the Troika - Troika doesn't want lengthy negotiations with Greece
[09:23] {RonS} ya, you pay the rent, he says he is lucky...
01[09:23] {&Threei}  do these european imbeciles even know what "troika" refers to?
[09:26] {RonS} you would think the word troika would be an anathema to a Greek
[09:27] {dino} gm
01[09:27] {&Threei}  dino :)
[09:27] {RonS} since if they were ese it would be spelled troyka...
01[09:29] {&Threei}  lol
01[09:30] {&Threei} Short Setup: C  .50 break
01[09:30] {&Threei}  If holds  .60
01[09:30] {&Threei}  1:1
01[09:31] {&Threei}  1:2
01[09:31] {&Threei}  1:3, out
[09:32] {robbers} Nice call.
[09:35] {dino} trv sm l .90
01[09:37] {&Threei} Long Setup:  FB  56 break
01[09:37] {&Threei}  If holds  .90
01[09:38] {&Threei}  struggle
01[09:41] {&Threei}  (US) Preview: Dec Existing Home Sales expected at 10:00 ET (15:00 GMT)- Consensus expectations: 4.92Me v 4.90M prior
01[09:42] {&Threei} Short Setup: C  .20 break
01[09:42] {&Threei}  If holds  .30
01[09:42] {&Threei}  FB 1:1
01[09:42] {&Threei}  finally
01[09:43] {&Threei}  1:2
01[09:43] {&Threei}  dam's broken
[09:43] {Les} straight up scalp for .17 ty
01[09:43] {&Threei}  yw
[09:43] {Les} in spy long from .86 too
01[09:44] {&Threei}  1:3
[09:44] {munky} out .34 ty nice
01[09:44] {&Threei}  out
01[09:44] {&Threei}  :)
[09:45] {Les} quarter off spy .15
[09:46] {Les} last quarter at .95 let's see if we climb outta this hole
[09:47] {Les} damn great call on FB
01[09:49] {&Threei}  C is valid again
[09:49] {dino} cof wall/trigger .00 sm l
[09:50] {dino} trv stop .60 -.30
[09:51] {nemo} hey dino:
[09:51] {Les} nice base C 2 way?
[09:51] {Les} if support holds?
[09:52] {Les} short it is
01[09:53] {&Threei}  1:1
[09:54] {Les} half ty
01[09:54] {&Threei}  yw
[09:54] {dino} wdc sm l .00
[09:59] {Les} VXX pop on high volume
[09:59] {Les} nevermind vol. changed
01[09:59] {&Threei}  *(US) DEC EXISTING HOME SALES: 4.87M V 4.92ME
01[10:00] {&Threei}  HLF Senator Markey (D-MA) calls on US Govt regulators to investigate the company - financial press (related USNA BTH NUS )
01[10:00] {&Threei}  hey... Ackman found support in senate
[10:00] {dino} ackman buying senators
01[10:00] {&Threei}  :)
01[10:01] {&Threei}  IMF Lagarde: Need to remain vigilant about bubbles; not observing any asset bubbles on the verge of bursting at the moment
[10:01] {Les} dumb broad
01[10:01] {&Threei}  that's right, we need to wait until they are on the verge of bursting
01[10:02] {&Threei}  imbecilette
[10:02] {Les} frik my english sux
01[10:02] {&Threei}  so's my swuahili
[10:03] {nemo} MA
[10:03] {Les} VXX potential DT
[10:04] {Les} oh no, broad is spelt like that. sheesh
[10:05] {Les} too much medication
[10:05] {dino} out wdc .80, +.80
[10:05] {Les} gj
[10:05] {dino} ty
[10:06] {nemo} hey dino:
[10:10] {dino} lol
[10:10] {nemo} thought you'd get a kick out of that
[10:11] {dino} been a long time
[10:11] {nemo} what's worse, I vaguely remember watching it
[10:11] {dino} i don't
[10:11] {dino} what year was it 68?
[10:11] {RonS} 69
[10:12] {nemo} or 69 not sure, I was little, but I remember Joe Willie and my father watching it
[10:12] {dino} i was 4
01[10:21] {&Threei} Short Setup: GLD  .75 break
[10:21] {nemo} a little early, isn't it?  ;-)
01[10:21] {&Threei}  If holds  .85
01[10:21] {&Threei}  setup forms when setup forms...
[10:21] {nemo} just kidding, the afternoon short schedule
[10:22] {dino} strange 07 barely moving
[10:23] {dino} re-booting it
[10:39] {dino} rgr smr l .67 gappy
[10:58] {Les} GLD dickin around. took 2nd entry managed only  partial cover now shits itself
01[10:58] {&Threei}  GLD is being taken outside and shot
[10:59] {nemo} sloppy seconds Les, moving up in the world
[11:03] {Les} when I grow up I wanna be cynical and nasty just like you
[11:04] {nemo} just a reporter, that's all I am
[11:05] {Les} yeh unbiased and all
[11:05] {Les} took gld secondary bounce short
[11:05] {Les} yeeehaaaa
[11:06] {Les} all covered DB
01[11:08] {&Threei}  wtg
[11:09] {Les} nothing important money wise just practising my setups
[11:09] {nemo} oh
[11:10] {nemo} wearing kneepads?
[11:10] {Les} I could for you
[11:11] {Les} VXX bands tightening
[11:11] {Les} move coming
[11:12] {nemo} wow, that skeeved me wicked
[11:13] {Les} long IWM  .02 holding .94
[11:15] {Les} learning something new everyday with Nemo...
[11:15] {Les} happy to freak you out
[11:15] {Les} half out iwm
[11:19] {Les} quarter off .18
[11:19] {Les}
[11:24] {dino} trv sm l .10
[11:27] {Les} indexes weak
[11:27] {Les} still got a quarter for iwm at vwap .30
01[11:28] {&Threei}  Herbalife Ltd. Spokesperson confirms received letter from Sen Markey; look forward to addressing concerns as soon as possible
[11:32] {Les} Sen Markey shorting HLF is he?
01[11:32] {&Threei}  or invested in ackman's fund
[11:32] {Les} right
[11:34] {Les} c'mon VXX break this level
01[11:35] {&Threei} Short Setup: FB  .20 break hl
01[11:35] {&Threei}  If holds  .30
01[11:38] {&Threei}  1:1
[11:54] {Les} all out iwm +.12
[11:54] {Les} taking break
01[12:08] {&Threei} Long Setup:  MCD  .95 break
01[12:08] {&Threei}  If holds  .90
01[12:23] {&Threei}  meh
01[12:35] {&Threei}  rinse
01[12:35] {&Threei}  dirty rotten scoundrel
01[12:38] {&Threei}  1:2... ^%@*(&$
01[12:38] {&Threei}  I mean 1:3
01[12:52] {&Threei}  BlackBerry Pentagon reportedly denies any new order was placed for phones - tech blogs
01[12:52] {&Threei}  so much for resurrection
[12:53] {nemo} that should be the stake in the heart
[12:53] {nemo} support at 0
01[13:02] {&Threei}  rob ford is not the only canadian politician who can do unexpected things
01[13:02] {&Threei}
01[13:02] {&Threei}  ese would really hate this
[13:14] {thomcbell} slw looking long here vad
[13:14] {thomcbell} 22.52 long break?
[13:15] {thomcbell} nope
01[13:17] {&Threei}  kind of meandering
01[13:17] {&Threei}  missed very good morning, tbell...
[13:17] {thomcbell} sndk and mu impressive
[13:45] {thomcbell} always Vad
01[13:46] {&Threei}  look at this:
[13:48] {Les} starting to get interesting
01[13:48] {&Threei}  lookiong for bounces to short
[13:49] {Les} looking for intraday capitulation
[13:50] {Les} vol. ain't exciting though
[13:50] {Les} RIG might give way shortly
01[13:51] {&Threei}  IWM, if bounces into .85 - .90 zone, should be a short
[13:51] {nemo} indexes getting extended here careful
01[13:55] {&Threei} Short Setup: FB  .10 break
[14:01] {Les} db on the spy long .92
[14:03] {nemo} watch the trendline Les
[14:03] {Les} seen
[14:05] {Les} half off at resistance here
[14:05] {Les} not sure this market's got the minerals
01[14:05] {&Threei}  no go
[14:06] {Les} get up there you dog
[14:07] {Les} sit Nemo
[14:08] {thomcbell} upl 23.57 long break
[14:08] {thomcbell} if holding 0.50
[14:09] {Les} whadya reckon Nemo
[14:09] {Les} VWAP or bust?
[14:10] {Les} spy .50 certainly looks doable
[14:10] {RonS} sure, that's it...just ask ese:  Obama: My Poll Numbers Are Down Because I'm Black
[14:11] {Les} yeh we aussies be throwing colour like that in detention camps now
[14:12] {Les} different sorta race politics, but that be about all they got to play now...
[14:12] {RonS} prob is...he's a half-breed...
[14:13] {Les} oooph distancing myself from that one Ron...
[14:13] {Les} at least it ain't tax related. Means the NSA won't be rounding you up :P
[14:16] {Les} quarter here at .14
[14:18] {nemo} .20 an inflection level Les
[14:20] {thomcbell} flattening upl
[14:21] {Les} last quarter .24
[14:22] {Les} that'll do donkey, that'll do
[14:26] {Les} need my beauty sleep a+
01[14:32] {&Threei} Long Setup:  EBAY  .50 break hl
01[14:33] {&Threei}  If holds  .40
01[14:40] {&Threei} Long Setup:  EBAY  .35 break hl
01[14:40] {&Threei}  If holds  .25
01[14:47] {&Threei}  1:1
02[14:50] * Disconnected
Session Close: Thu Jan 23 14:50:05 2014

Session Start: Thu Jan 23 14:50:05 2014
Session Ident: #discussions
02[14:50] * Attempting to rejoin channel #discussions
03[14:50] * Rejoined channel #discussions
01[14:50] {Threei}  oops
[14:50] {RonS} connection fell asleep?
01[14:50] {Threei}  I guess
[14:50] {nemo} old like Vad
[14:55] {dino} odd drop and pretty much sit day
[15:11] {thomcbell} molto bene ebay
01[15:11] {Threei}  1:2
[15:11] {RonS} took ebay .36 to .58 +.22 thanks 3i
01[15:11] {Threei}  :)
01[15:11] {Threei}  1:3
01[15:11] {Threei}  out
[15:11] {dino} gj
01[15:11] {Threei}  full day of 1:3ers
01[15:17] {Threei} Short Setup: GLD  .70 break
01[15:17] {Threei}  If holds  .80
[15:23] {dino} conn spike
01[15:27] {Threei}  [HLF] Icahn: Have not sold any shares of Herbalife stock, stock is undervalued
01[15:27] {Threei}  hehe
01[15:27] {Threei}  duel between these two is the highest suspense of this kind I've ever seen
[15:28] {dino} conn sm s .64
[15:28] {thomcbell} two tremendous egos
01[15:32] {Threei}  yes
01[15:32] {Threei}  but only one of them is stupid enough to walk in the room full of well-heeled egos managing huge money and say "I am short this stock to the gills"
01[15:33] {Threei}  inviting gigantic short squeeze o
[15:33] {nemo} talk about being a tall tree
01[15:33] {Threei}  ekzaqtly
01[15:33] {Threei}  and screaming loufdly "look how tall I am"
[15:34] {nemo} a violation of the three treasures if ever there was one
[15:34] {dino} cov conn .34, +.30
01[15:42] {Threei}  wtg
[15:43] {dino} ty, slow day for me
01[15:44] {Threei}  no go
01[15:44] {Threei}  OK guys, thank you all
01[15:44] {Threei}  have a great evening, see you tomorrow
01[15:49] {Threei}  (US) White House senior health-care adviser Chris Jennings to leave post - financial press- Cites health, family reasons
01[15:49] {Threei}  as in: I don't want my family to beat me up