Friday, January 24, 2014

Jan 24 2014

Another very strong day, with 13:ers all over. Heroes of the day were FB, both long and short, and SLW on the short side. Really strong week for us, with plenty of nice juicy winners.



Session Time: Fri Jan 24 00:00:00 2014

[09:09] {thomcbell} gm all
[09:10] {RonS} forge on all
01[09:11] {Threei}  tbell, ron :)
[09:20] {nemo} spy touched the 50 day in the pre-market
01[09:23] {Threei}  fairly subdued so far
[09:28] {RonS} ksu drubbed
[09:31] {munky} c down
[09:31] {nemo} spy going for the 50
[09:31] {thomcbell} small long ebay
01[09:31] {Threei} Long Setup:  FB  .25 break
01[09:32] {Threei}  If holds  .15
01[09:32] {Threei}  valid
[09:32] {dino} stt beat, drop hard?
01[09:33] {Threei}  1:1 if you got it
[09:35] {thomcbell} out ebay
[09:35] {dino} stt smr l .56 wide/gappy
[09:36] {nemo} iwm gap close
[09:36] {nemo} spy at channel bottoim
[09:37] {nemo} finnies at 50 day
01[09:37] {Threei} Long Setup:  FB  .15 break break
01[09:37] {Threei}  If holds  .05
01[09:37] {Threei}  Invalidated
01[09:38] {Threei} Long Setup:  FB  .10 break
01[09:38] {Threei}  If holds  56
[09:38] {thomcbell} syna unreal
01[09:39] {Threei}  doesn't look right
01[09:39] {Threei}  yeah
01[09:39] {Threei}  If holds  .70  break
01[09:40] {Threei} Long Setup:  C  .70 break
01[09:40] {Threei}  If holds  .60
01[09:40] {Threei}  Invalidated
01[09:41] {Threei}  56 break was short actually... grr
01[09:46] {Threei} Long Setup:  C  .55 break
01[09:46] {Threei}  If holds  .50
01[09:46] {Threei}  meh
01[09:47] {Threei} Long Setup:  FB  .60 break
01[09:47] {Threei}  If holds  .50
[09:48] {dino} c smr l .50
01[09:48] {Threei}  1:1
01[09:49] {Threei}  1:2
01[09:52] {Threei}  1:3
01[09:52] {Threei}  out
[09:52] {nemo} well this is not an inspirational bounce
01[09:52] {Threei}  no, just profitable one
01[09:56] {Threei}  exited just a tad early
01[09:56] {Threei}  C still can't raise its head
[09:57] {ese} morning....just poping in to say hello and then and flying to Red Deer Alberta.....my mom is not doing well and we've been asked by her Doctor to get there.....been a difficult lcouple of days for the family.....cyou Monday
01[09:57] {Threei}  sorry to hear ese
[09:57] {ese} tks vad....have a good weekend
[09:57] {dino} db smr l .50
[09:59] {thomcbell} syna where was the short dino
[10:00] {thomcbell} lol
[10:02] {thomcbell} ebay looks sick here still
[10:02] {nemo} not much looks "well"
[10:02] {dino} sorry tbell, wrapped up in 3 banks
[10:02] {nemo} lvs spready so far
[10:03] {thomcbell} lvs 50 sma is near 76
01[10:05] {Threei} Short Setup: CAT  .50 break
01[10:05] {Threei}  If holds  .60
[10:06] {munky} missed
[10:06] {nemo} good luck with that
[10:06] {munky} anmd i was there too
[10:07] {nemo} bids just dropped out
01[10:07] {Threei}  ugh
01[10:07] {Threei}  1:2
[10:15] {dino} out db flat
[10:17] {dino} db re-load smr l .35
[10:17] {dino} markets whippy
01[10:18] {Threei}  24 Jan 09:52 [SBUX] Full speed ahead in China; recent local press reports of "overcharging" have had no effect on business - cnbc
01[10:19] {Threei}  so, chinese will have to drink SBUX coffee now
01[10:19] {Threei}  this is our revenge on them
01[10:19] {Threei}  cruel...
01[10:21] {Threei}  DDD Citron Research again makes cautious comments
01[10:21] {Threei}  - Citron says immediate target $56, longer term much lower.
01[10:25] {Threei} Short Setup: FB  56 break
01[10:25] {Threei}  If holds  .10
[10:26] {dino} out stt ave .76, +1.20
01[10:27] {Threei}  wtg
[10:27] {dino} thx
01[10:29] {Threei}  1:1
[10:31] {dino} mkt air pocket
01[10:31] {Threei}  1:2
01[10:31] {Threei}  jusat in time, I should say
01[10:32] {Threei}  1:3
01[10:32] {Threei}  out
01[10:33] {Threei}  FB is a day maker
01[10:36] {Threei}  DDD...
[10:42] {dino} wdc smr l .10
[10:46] {dino} dji -3% from jan highs, s/p -2.5%, typically -3 to - 5% gets bounce
01[10:48] {Threei}  DDD feels like another leg down is coming
[10:49] {munky} cat too
01[10:49] {Threei}  .30 break
01[10:49] {Threei}  CAT
01[10:50] {Threei}  worth a try, half lot
[10:50] {nemo} short or long
01[10:50] {Threei}  considering that it's above .30... :)
[10:51] {munky} short
[10:52] {munky} crap look ddd
[10:53] {munky} in cat sh
[10:54] {munky} ddd is .75 lower from vads short mention
[10:54] {munky} nice read
01[10:55] {Threei}  muich better since I've got reading glasses...
01[10:55] {Threei}  easier to tell CAT from EBAY
[10:55] {nemo} wife from mistresses
01[10:56] {Threei}  that's mostly palpation experience
01[10:57] {Threei}  wow FB
[10:57] {thomcbell} y just saw it vad
[10:57] {nemo} wish I had seen that, perfect short setup
[10:57] {munky} DDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDD
[10:58] {munky} didnt know its that wild tho
[10:59] {thomcbell} sm long NOW 59.88
[11:03] {munky} out cat .26 btw
[11:03] {munky} ty
[11:04] {munky} still like cat to lose 86
[11:04] {RonS} bmy pounded
[11:05] {munky} wow
[11:08] {dino} bmy smr l .57
[11:08] {thomcbell} out now
[11:08] {thomcbell} -0.40
01[11:10] {Threei}  1:1  CAT
01[11:10] {Threei}  1:2
01[11:10] {Threei}  done
[11:11] {dino} pru drop
01[11:16] {Threei}  FB... that's one underutilized short, even though it gave us 2 1:3ers
[11:16] {munky} yeah
[11:16] {munky} some nasty falls today
01[11:18] {Threei} Short Setup: SLW  .10 break
01[11:18] {Threei}  I like falls
01[11:19] {Threei}  would love to see another gold plunge... nothing drops better than GLD when goldbugs get disappointed once again
[11:20] {munky} mkt gonna lose 16k
[11:22] {dino} bmy .40 wall
[11:23] {dino} -500 pts dji since tuesday
[11:26] {munky} vad, dime stop slw?
01[11:27] {Threei}  .16
[11:27] {munky} k
01[11:31] {Threei}  1:1
01[11:38] {Threei}  1:2
[11:38] {dino} pru smr l .00
01[11:41] {Threei}  1:3
01[11:41] {Threei}  out
01[11:41] {Threei}  can I go home?
[11:41] {munky} nope
[11:42] {munky} wish i took 10k shares of that one, nice easy slow
01[11:43] {Threei}  1:4
01[11:43] {Threei}  GLD broke down too
[11:44] {dino} bmy drop
01[11:50] {Threei}  [BMY] Weakness attributed to unwillingness to comment on efficacy data regarding yervoy/pd-1 arm of 012 - conf call comments- Question was posed in Q&A. - Also lukewarm for prospects on broad lung program combo
[11:51] {dino} ty
[11:53] {nemo} look for a long trade on vxx this afternoon, people will be buying insurance this weekend
[12:06] {RonS} Smith & Wesson says it will stop selling some guns in California over a law requiring information on bullet casings | http://bloom.bg/1eY8LjB
[12:09] {RonS} deck springing
[12:10] {nemo} deck up from the mat  ;-)
[12:20] {dino} ty ron, out bmy .97, +.40 wild ride
[12:21] {RonS} np
[12:23] {RonS} live pulp
[12:25] {dino} yeah
[12:27] {dino} relentless selling, no bounces
[12:27] {dino} cof hangs tough
[12:32] {dino} stt smr l .72
[12:37] {thomcbell} syna very impressive
[12:44] {Les} yo
[12:45] {Les} kicking back with a drink and long tza .57
[12:45] {Les} holding .50
01[12:45] {Threei}  hey Les
[12:45] {Les} wary of higher low in indexes here
[12:46] {Les} took scenic lake road to avoid shitty highway traffic home this evening
[12:46] {Les} MY GOD the photographic opportunities that presented themselves
[12:46] {Les} awesome driving lakeside. gonna do it every trip
[12:46] {Les} IWM testing the earlier low
[12:46] {Les} die you prick
[12:49] {Les} don't do it
[12:50] {thomcbell} nice call vxx
[12:51] {Les} what was the setup?
[12:52] {Les} tza dumped flat long iwm
[12:52] {Les} db
[12:52] {nemo} it was a comment Les: [11:53] {nemo} look for a long trade on vxx this afternoon, people will be buying insurance this weekend
[12:53] {Les} ah ok
[12:53] {Les} watching it boucne of .75 resistance
[12:53] {nemo} it bounced right at R2
[12:53] {Les} yhge seen
[12:58] {dino} out stt .12, +.40
[12:58] {dino} opps, .06, +.35
06[12:59] * Les slaps RonS around a bit with a large trout
[13:02] {Les} iwm threatens inverse cup and handle
[13:03] {Les} spy showing higher low though
[13:09] {Les} goddam do I have to fight World War 3 for a scalp
[13:09] {Les} finally
[13:09] {Les} iwm 1:1
[13:10] {dino} lol
[13:11] {Les} well at least vad and auntie Ritalin have installed the discipline to trade the setup correctly
[13:11] {Les} but patience still ain't one of my virtues
[13:12] {RonS} good thing eloquence is though...
[13:13] {Les} I name Ron son of Nemo
[13:15] {RonS} :)
[13:16] {Les} http://www.youtube.com/watch?v=9LUv3kbmNfg
[13:16] {Les} Arnie baby
[13:16] {Les} 60 years old and still kickin it
[13:16] {nemo} yeah "Howard"
[13:20] {Les} no ones buyin this bs
[13:20] {Les} out
[13:20] {Les} vxx long interesting here
[13:20] {Les} vwap at .25... can wait
[13:31] {Les} merde VXX exploded off vwap while doing dinner
[13:42] {RonS} Ukraine unrest spreads From Kiev as EU warns of civil war | http://bloom.bg/LQRUqj  pic.twitter.com/ypmVYbxHf2
01[13:45] {Threei}  yeah
01[13:45] {Threei}  kind of incredible to see these sights of familiar places
[13:47] {RonS} hlf acting like it wants 60...
[13:49] {dino} stt smr l .63
01[13:49] {Threei}  Petition asking Prez Obama to deport Justin Bieber to Canada gains popularity
01[13:50] {Threei}  nah, you keep him
[13:50] {dino} jazz drop
[13:50] {RonS} ese fired?
[13:51] {Les} long iwm .52 holding the low last go
[13:52] {thomcbell} wuba short setup 36.25 break if holding 36.35
[13:52] {Les} 1:1
[13:52] {thomcbell} only doing a half lot
[13:54] {thomcbell} invalid - watching for another setup
[13:58] {Les} I£WM stop
[13:58] {Les} spy gonna let go
[14:00] {Les} outta here gonna watch Django Unchained. bon weekend
01[14:07] {Threei} Short Setup: FB  .90 break
01[14:07] {Threei}  If holds  55
01[14:14] {Threei}  1:1
[14:21] {nemo} gmail down globally
01[14:21] {Threei}  life as we know it is over
[14:21] {nemo} the company that designed the healthcare website must be in charge
[14:23] {RonS} hlf
[14:26] {RonS} hlf...ack ack ack!!!...
[14:27] {RonS} ...loved that movie...
[14:28] {RonS} bingo hlf 60 break...
[14:29] {dino} dji -600 pts since tuesdays' open (4 days)
[14:36] {RonS} sheesh trv beat...
[14:45] {dino} yeah, trv, wdc, cof, stt, bmy all beat
[14:45] {dino} on watch list for next week
[14:51] {dino} bmy smr l .31
[14:55] {RonS} mlm...they must think stands for multi-level marketing...
01[14:55] {Threei}  lol
[14:57] {RonS} txn purchase rumor then denied...mlm
[15:12] {nemo} vxx
01[15:24] {Threei} Short Setup: FB  .50 break
01[15:24] {Threei}  If holds  .60
01[15:26] {Threei}  time to crash, FB
01[15:27] {Threei}  good girl
01[15:28] {Threei}  no no, don't bounce... recrash
[15:34] {dino} meli down about 6 off that agentina devalue
[15:35] {dino} down about 16 i mean
[15:38] {dino} bmy stop -.20
[15:39] {RonS} outta here, see you guys Monday
01[15:40] {Threei}  take care ron
01[15:40] {Threei}  ok guys, thank you all
01[15:40] {Threei}  great end to the good week
01[15:41] {Threei}  have a good weekend, see you Monday
[15:43] {dino} cya 3i
[15:45] {thomcbell} wuba there again
[15:50] {dino} out stt flat. thats it for me, gn, dino afk