Monday, April 21, 2014

Apr 21 2014

Back and forth day: started with a few nice wins, continued with a few stops, finished with nice 1:3er. All in all, about flat.


Session Time: Mon Apr 21 00:00:00 2014
[09:02] {dptl} good morning
01[09:02] {@Threei}  dp :)
[09:18] {thomcbell} some firm put a $50 price target on MU
[09:18] {thomcbell} Stock been grinding all morning
01[09:19] {@Threei}  Micron Technology Inc Price Target raised to $50 from $30 at Drexel Hamilton, reiterates Buy rating- Firm notes low priced mobiles and data center competition already pushing DRAM and believes this summer is looking a replay of last years firm pricing.
[09:23] {RonS} top 'o a spring week everyone
01[09:23] {@Threei}  Ron :)
[09:24] {ese} lock and load
[09:24] {ese} errrrrrrrr
[09:24] {ese} i mean good morning
01[09:24] {@Threei}  lol ese
[09:24] {ese} mornin vad
[09:27] {RonS} so, 3i, wife needed a new computer...bought first aapl product, mac all-in-one has a picture resolution that is just stunning
01[09:27] {@Threei}  yeah, artsy types usually prefer that
[09:28] {cosmo} hmmm...can't do it; i love PC's
[09:28] {RonS} lol, that's not me but spent years being a video and audio guy
[09:29] {RonS} has an intel chip...
[09:29] {cosmo} amd here
[09:31] {RonS} my pc guru says "pay the extra $100 for an intel chip, they are much more reliable than amd"...fwiw...my amd pc at the time was becoming crashish...
01[09:31] {@Threei} Long Setup:  C  .20 break
01[09:31] {@Threei}  If holds  .10
[09:32] {cosmo} oh...
01[09:32] {@Threei}  change to .10 break
01[09:32] {@Threei}  If holds  48
01[09:34] {@Threei}  trail to .04
01[09:34] {@Threei}  1:1
01[09:37] {@Threei} Long Setup:  MU  .70 break
01[09:38] {@Threei}  If holds  .60
01[09:38] {@Threei}  1:1
01[09:40] {@Threei}  1:2
01[09:41] {@Threei}  1:3
01[09:41] {@Threei}  out
[09:41] {RonS} ty mu 3i
01[09:41] {@Threei}  :)
[09:43] {dptl} out last mu ty
[09:43] {dptl} .11
01[09:43] {@Threei}  yw
01[09:43] {@Threei}  nice patience
01[09:43] {@Threei}  unless you just fell asleep midtrade
[09:44] {dptl} lol..
01[09:47] {@Threei} Long Setup:  SLW  .80 break
01[09:47] {@Threei}  If holds  .70
01[09:48] {@Threei}  Invalidated
01[09:49] {@Threei} Long Setup:  MU  .85 break
01[09:50] {@Threei}  If holds  .75
01[09:51] {@Threei}  trail to .79
[09:53] {RonS} atls buckling
01[09:54] {@Threei}  lol
01[09:54] {@Threei}  weak knees for such a load?
01[09:55] {@Threei}  why didn't we short SLW
01[09:59] {@Threei}  1:1
01[09:59] {@Threei}  *(US) MAR LEADING INDEX: 0.8% V 0.7%E
01[10:00] {@Threei}  PLUG Signs MOU with Hyundai to Form Fuel Cell Joint Venture in Asia
01[10:01] {@Threei}  - Plug Power today announced that in line with its aggressive international growth strategy it has signed a non-binding memorandum of understanding (MOU) with Hyundai Hysco Co. Ltd. (Hysco), to create a joint venture partnership to develop and sell hydrogen fuel cells in countries throughout Asia using Hysco's advanced stack and plate technology. Specifically, the proposed five-year joint venture will develop, manufacture and sell fuel cell solutions, products and stacks for applications in Asian markets. Under the terms of the MOU, the companies must finalize the details of the joint venture by July 31, 2014
01[10:01] {@Threei}  daily looks attractive on PLUG
01[10:03] {@Threei}  New York Times’ David Brooks Says Obama Has ‘A Manhood Problem In Foreign Policy"
01[10:03] {@Threei}  Ukraine: I disagree, he screwed me good
01[10:04] {@Threei}  1:2
[10:04] {ese} L plug .52
[10:04] {cosmo} well, there's always Michell
01[10:04] {@Threei}  no new news, quite a drop
01[10:05] {@Threei}  will MU give us second 1:3er this morning?
[10:07] {dptl} closed mu ty
[10:08] {ese} out plug .79 +.27
01[10:08] {@Threei}  yw
01[10:08] {@Threei}  nice morning, 3 for 3
01[10:16] {@Threei} Long Setup:  EBAY  .90 break
01[10:16] {@Threei}  If holds  .80
[10:18] {nemo} mu looks short
[10:20] {ese} daaaaaaaaa what the H is that all about.....screen goes black then i loose everything.....daaaaaaaaaa
01[10:20] {@Threei}  wow
01[10:21] {@Threei}  disconnected too
06[10:21] * nemo "it worked ;-)"
[10:21] {ese} you as well
01[10:21] {@Threei}  no
01[10:21] {@Threei}  sounds like your computer set to go to sleep after some inactivity
[10:21] {ese} L avg plug .49 on the way dn
01[10:23] {@Threei}  no go
[10:23] {dptl} stoped ebay
01[10:25] {@Threei}  Plug Power Inc Exec: Will dramatically increase sales team in 2014; will expand in Asia - business update call comments- Confirms deal with Volkswagen
[10:27] {ese} thats good....
01[10:28] {@Threei}  I don't know...
01[10:28] {@Threei}  more good-sounding news, it drops more
01[10:29] {@Threei}  it had a good run, maybe it's sell the news
[10:30] {thomcbell} now the short interest has to go up again before it works long
[10:31] {ese} ya you could be right
01[10:35] {@Threei} Short Setup: C  .80 break
01[10:35] {@Threei}  If holds  .90
01[10:36] {@Threei}  JASO Ticking higher on circulation of financial blog chatter of a potential deal with Tesla
[10:40] {ese} hmmmmmm looked back at a few charts like this......me thinks plug is gonna make it back to 8 today or there abouts.......get rid of the weak hands ...should make it back
[10:41] {ese} if not today......day or 2
[10:51] {dptl} still like c short? Vad
01[10:51] {@Threei}  yes
[10:52] {ese} L plug avg .42
[10:57] {RonS} something for ese while he is waiting:  https://www.youtube.com/watch?v=Xf2MNCu5oqM
01[10:58] {@Threei}  so Ron, a few years ago I built myself a computer, and faced that chopice between intel and amd... did some digging around,
01[10:59] {@Threei}  the conclusion I came to was, it's a religious war
[10:59] {nemo} intel systems faster, but the price/performance falls to AMD usually
01[10:59] {@Threei}  canon vs nikon among photographers
[11:00] {nemo} http://www.cpubenchmark.net/high_end_cpus.html
01[11:00] {@Threei}  decided on amd eventuallky, works flawlessly
01[11:01] {@Threei}  for extreme gamers there might be a difference
[11:02] {nemo} you got intel, yes?
01[11:02] {@Threei}  [11:00] {@Threei} decided on amd eventually
[11:02] {nemo} ahhh
[11:03] {nemo} yeah, intel at highest end better for extreme gamers...AMD was always cool for the overclockers, but Intel has become more accessible in that area also
01[11:16] {@Threei} Long Setup:  VXX  .15 break
01[11:16] {@Threei}  If holds  .05
01[11:19] {@Threei}  change to .10 break
[11:20] {dptl} in
[11:21] {dptl} stop .04 ?
01[11:21] {@Threei}  yeah
01[11:21] {@Threei}  no need for wider
[11:21] {dptl} k
01[11:21] {@Threei}  action slowed down dramatically
[11:24] {nemo} http://goo.gl/yL4WEG
[11:26] {RonS} hearing significant put buying going on in the indicies
01[11:29] {@Threei}  feels that way Ron
01[11:35] {@Threei}  SPY needs to lose .70
[11:35] {nemo} https://www.youtube.com/watch?v=ji5_MqicxSo
[11:35] {nemo} sorry
[11:38] {dptl} out half here
01[11:38] {@Threei}  good idea
[11:38] {dptl} .18
[11:39] {dptl} trailing under .10
[11:40] {thomcbell} this athn looks like it could keep going over the coming weeks
[11:47] {nemo} sheesh bid pulls in tna
[11:53] {nathan} hi gents
[11:54] {dptl} out vxx
01[11:55] {@Threei}  hey nathan
01[11:56] {@Threei} Short Setup: WMT  .50 break
01[11:57] {@Threei}  If holds  .55
01[12:04] {@Threei} Long Setup:  PLUG  .05 break
01[12:04] {@Threei}  If holds  .95
[12:10] {dptl} dal .95 break long ?
01[12:11] {@Threei}  no read
[12:12] {dptl} k
[12:13] {thomcbell} cien 18.98 long break if holding 19.89
[12:13] {thomcbell} only half lot due to big fat big figure
[12:17] {dptl} plug still valid right?
01[12:18] {@Threei}  yes
01[12:24] {@Threei}  so Ron... tell me you are using that new brilliant high-res display to view the images at www.arrestinglight.com {G}
[12:27] {RonS} not yet, need to take the old computer over to load the new one with files...
[12:27] {RonS} thanks for the link however...
01[12:28] {@Threei}  always... I am happy to share my link with my dazzling images :)
01[12:28] {@Threei}  and saying "my images" I don't mean "images of me"
01[12:28] {@Threei}  that wouldn't be as dazzling
01[12:30] {@Threei} Long Setup:  TZA  .75 break
01[12:31] {@Threei}  If holds  .70
[12:33] {dptl} in .76
[12:34] {dptl} in plug
[12:40] {dptl} can we trail tza to .74?
01[12:41] {@Threei}  hmmm
[12:43] {nemo} only 30mil spy volume..wtf
[12:43] {dptl} ok and plug stil .94 stop right?
01[12:43] {@Threei}  plus .99
01[12:43] {@Threei}  plug
[12:43] {dptl} ok
[12:48] {RonS} get this, neighbor acquired a mature male st bernard for a companion to her newfoundland...
[12:48] {RonS} ...dog begins by exploring the local area...
[12:49] {RonS} neighbpor goes away to store...leves bernard in the hous...
[12:50] {RonS} ...leaves a screened window open on 2nd floor...bernard breaks through the screen and climbs onto roof...
[12:50] {RonS} damndest thisg you have ever seen...150 pound dog on a roof
[12:53] {RonS} that was a day after witnessed a border collie jump up into a tree following its master...about a 5 foot jump...
[12:55] {ese} no i'm not.....i'm lurking
[12:57] {RonS} come natural to a teacher of teen girls?  :)
[12:57] {ese} ah no
[12:58] {nemo} teen boys?
[12:58] {RonS} lol
[12:58] {ese} like wise....no
[13:14] {dptl} stopped plug
[13:17] {dptl} stopped tza
01[13:44] {@Threei} Long Setup:  IWM  .15 break
01[13:45] {@Threei}  If holds  .115
01[13:45] {@Threei}  If holds  .05
01[13:47] {@Threei}  Invalidated
[13:50] {nathan} watching gild
[13:50] {nathan} doent look like getting exhausted
01[13:51] {@Threei}  GILD short seup with .60 break
[13:52] {nathan} i tried 2 times before and got stopped :-(
[13:52] {nathan} at earlier levels...
[13:52] {nemo} still haven't done 35 million shares of spy
01[13:52] {@Threei}  why did you short it?
[13:53] {nathan} i "thought" it was exhausted, i "saw" double top
01[13:53] {@Threei}  because you were thinking that it was too hgih and it was time for it to drop
01[13:53] {@Threei}  surefire way to get killed
[13:53] {nathan} you're right
[13:54] {nathan} i f*!*"· two times
01[13:54] {@Threei}  there was short setup forming, kangaroo tail
01[13:54] {@Threei}  now it's invalidated
[13:54] {nathan} kangaroo tail?
[13:55] {nemo} candle formation
[13:55] {nathan} ok
01[13:55] {@Threei}  one of setups from 111 Trades
[13:55] {nathan} ok
01[14:02] {@Threei} Long Setup:  IWM  .15 break
01[14:02] {@Threei}  If holds  .05
01[14:08] {@Threei}  grrr
[14:08] {dptl} out
01[14:22] {@Threei}  wow
01[14:22] {@Threei}  something killed GILD
01[14:22] {@Threei}  ah news
01[14:22] {@Threei}  GILD CVS reportedly may try to promote competition and slow the uptake of Gilead's new drug
[14:27] {nathan} i could finally short it successfully
01[14:28] {@Threei}  if you read the future and knew about news coming
[14:28] {thomcbell} gild reports tomorrow
[14:29] {thomcbell} after bell
[14:30] {nathan} if I could...
01[14:31] {@Threei}  frikin IWM
01[14:38] {@Threei}  that's what it was supposed to do last time around
01[15:00] {@Threei}  gotta wait for deeper pullbacks on it it seems
01[15:04] {@Threei}  (RU) US State Dept indicates it could consider placing sanctions on Russia President Putin as well as other Russia Govt officials - press- Would impose sanctions on many other issues before imposing sanctions on Putin himself
01[15:04] {@Threei}  that would be a badge of honor
01[15:05] {@Threei}  his popularity is at 80%, would shoot to 90
[15:05] {thomcbell} putin probably has billions stocked away
[15:05] {thomcbell} shocking amounts
01[15:06] {@Threei}  "probably??" :)
01[15:06] {@Threei}  latest estimation, 30
[15:06] {thomcbell} make arafat and mubarak look like shmos
01[15:07] {@Threei}  better yet - as long as he is in power, he doesn't need any
[15:07] {RonS} didn't he have to split it in the divorce?  :)
01[15:07] {@Threei}  lol
[15:07] {RonS} lol
01[15:09] {@Threei}  In a locker-room humor style, in this annual broadcasting marathon, fielded dozens of generally uncritical questions from citizen, Putin told viewers about the need to get his ex-wife remarried before he can think about getting himself a new wife
[15:12] {nathan} take care gents
[15:12] {nathan} see you tomorrow
01[15:12] {@Threei} Long Setup:  GILD  .45 break
01[15:13] {@Threei}  If holds  .35
01[15:13] {@Threei}  take care nathan
[15:16] {thomcbell} this WB trades pretty orderly for a new issue since about 11
[15:17] {thomcbell} makes me think it could have a decent up move into the bell
01[15:19] {@Threei}  Invalidated
01[15:24] {@Threei} Long Setup:  FB  .95 break
01[15:26] {@Threei}  If holds  .85
01[15:28] {@Threei}  1:1
01[15:33] {@Threei}  Russia claims Ukraine is ‘grossly breaching’ agreement, hints at military intervention
01[15:33] {@Threei}  hints?
01[15:33] {@Threei}  lol
01[15:34] {@Threei}  I guess anyuthing short of tanks rolling is a "hint"
01[15:34] {@Threei}  for a long time I was wondering about one thing...
01[15:35] {@Threei}  how could Germany residents greet Hitler's delusional speeches with enthusiam
01[15:36] {@Threei}  Now observing what happens in Russia, for the first time in my life I understand how it happens
01[15:37] {@Threei}  until you see it for yourself, you've no idea how horrifying mass hysteria is
01[15:38] {@Threei}  I should add, patriotic mass hysteria
01[15:40] {@Threei}  1/4 more out
01[15:41] {@Threei}  stop .99
[15:43] {RonS} ...was pulling this up for Putin but really sounds like the O:  If you tell a lie big enough and keep repeating it, people will eventually come to believe it. The lie can be maintained only for such time as the State can shield the people from the political, economic and/or military consequences of the lie. It thus becomes vitally important for the State to use all of its powers to repress
[15:43] {RonS} dissent, for the truth is the mortal enemy of the lie, and thus by extension, the truth is the greatest enemy of the State.
[15:43] {nemo} hitler
[15:43] {nemo} or Goebbels
[15:43] {RonS} Goebbles
01[15:43] {@Threei}  lastter
01[15:43] {@Threei}  latter
[15:43] {nemo} Na ja
01[15:45] {@Threei}  actually, come to think of it, Ron... I can name very few state rulers to whome this wouldn't apply :)
[15:45] {nemo} it goes back to the Greeks
01[15:46] {@Threei}  I would probably name Harper, but ese would take a severe umbrage
[15:46] {RonS} ya, I was thinking the early Popes too...
[15:46] {RonS} ...maybe all of them...
[15:47] {cosmo} i was thinking of maybe 'failed leaders'
[15:47] {cosmo} they be into truth
[15:47] {nemo} http://goo.gl/f40dEm
01[15:47] {@Threei}  maybe Honduras... because no one cares what they say
[15:47] {RonS} lol
[15:48] {cosmo} or that
01[15:48] {@Threei}  and because the name of the country sounds like something you shouldn't scratch so it doesn't itch
[15:48] {RonS} tourism campaign:  Honduras...home of the truth
01[15:48] {@Threei}  rofl
[15:49] {cosmo} Iceland?
01[15:49] {@Threei}  unless they claim the title of the warmest place on Earth, maybe
[15:50] {RonS} nah Iceland...home of hot blondes, and hotter water
01[15:50] {@Threei}  sounds true enough
[15:50] {cosmo} there's always a hitch
[15:51] {RonS} of course this:  Russia...home of hot blondes that can get you into hot water
01[15:51] {@Threei}  ok FB
01[15:51] {@Threei}  last spike please
01[15:52] {@Threei}  not just blondes... all hair colors are present
01[15:52] {@Threei}  melting pot of sorts
01[15:52] {@Threei}  out FB
01[15:52] {@Threei}  almost 1:3
01[15:53] {@Threei}  thank you all, have a great evening
01[15:53] {@Threei}  see you tomorrow
[15:53] {goinshort} cya -thanks
[15:53] {dptl} see ya tomorrow all