Session Time: Tue Jul 08 00:00:00 2014
01[09:19] {@Threei} looks like total vacation
[09:19] {troub} good morning you all
01[09:20] {@Threei} morning troub
[09:20] {cosmo} I come here for vacation
[09:20] {troub} everyone on vacation today
01[09:20] {@Threei} except ese
01[09:20] {@Threei} he is in picket line
[09:21] {RonS} gm
01[09:21] {@Threei} ron :)
01[09:21] {@Threei} we know exactly where dino is... let's surprise him?
[09:22] {troub} vad, make 100% 1:3 calls today. Teach them to miss
01[09:22] {@Threei} good idea
01[09:24] {@Threei} -NURO +36.5% (FDA clears Wearable Tech for OTC use in chronic pain)
01[09:24] {@Threei} -TXMD +26.6% (follow-through on FBR Capital initiation at Outperform)
01[09:25] {@Threei} -AAV +8.2% (buying off yesterday's downward move)
01[09:25] {@Threei} -CGI +7.0% (Stifel Nicolas raise to Buy)
01[09:25] {@Threei} -ANAC +6.8% (FDA approval of KERYDIN)
01[09:25] {@Threei} - SMFG -7.7% (Japan FSA regulator to increase supervision over asset management industry)
01[09:25] {@Threei} -TFM -6.2% (GS cuts to Sell)
01[09:25] {@Threei} -DAL -1.7% (poor Air France traffic)
01[09:25] {@Threei} -AAL -1.3% (poor Air France traffic)
01[09:26] {@Threei} cheapies making big runs...
01[09:26] {@Threei} normally signals last phase of bull market
01[09:30] {@Threei} Short Setup: FB .25 break
01[09:30] {@Threei} If holds .35
01[09:31] {@Threei} no go
01[09:32] {@Threei} Long Setup: TWTR .70 break
01[09:32] {@Threei} If holds .60
01[09:34] {@Threei} grr
01[09:35] {@Threei} 2 cents from 1:1
01[09:37] {@Threei} Long Setup: FB .35 break
01[09:37] {@Threei} If holds .25
01[09:40] {@Threei} TWTR just can't find bottom
[09:40] {nemo} nothing has found the bottom yet
[09:40] {nemo} finnies trying
01[09:41] {@Threei} 1:1 FB
01[09:42] {@Threei} 1:2
01[09:47] {@Threei} Long Setup: TWTR .85 break
01[09:47] {@Threei} If holds .75
01[09:47] {@Threei} Invalidated
[09:48] {nemo} S3 is .45
01[09:48] {@Threei} should be bottoming here
01[09:48] {@Threei} Long Setup: TWTR .80 break
[09:48] {nemo} between here and .45
01[09:49] {@Threei} If holds .70
01[09:49] {@Threei} 1:1
[09:49] {troub} too fast
01[09:50] {@Threei} yeah
[09:50] {nemo} Yeah, Vad can't type for shit but boy can he hit those bids
[09:51] {troub} time for voice or is accent worse?
01[09:51] {@Threei} second day of nice selling... could we finally be in something different than relentless buying
[09:51] {nemo} yeah, german output showed 3rd month of contraction
01[09:52] {@Threei} Long Setup: WMT .35 break
01[09:52] {@Threei} If holds .25
01[09:56] {@Threei} 1:1
[10:09] {nemo} if twtr doesn'
[10:09] {nemo} t hold here teswt of 38 likely
01[10:12] {@Threei} Short Setup: TWTR .55 break
01[10:13] {@Threei} If holds .65
[10:17] {nemo} PRU looks shor below .50
[10:17] {nemo} little spready
01[10:18] {@Threei} come on TWTR
01[10:18] {@Threei} you know you want to kill bottom fishers
01[10:18] {@Threei} 1:1
01[10:19] {@Threei} 1:2
01[10:20] {@Threei} 1:3
01[10:20] {@Threei} out
[10:21] {nemo} should test near the whole
01[10:23] {@Threei} beautiful
[10:24] {nemo} what?
01[10:24] {@Threei} love this selling, gives me hope we might get sustanable bear phase
[10:24] {nemo} I'm looking for the collapse of civilization
01[10:24] {@Threei} that goes without questions
01[10:25] {@Threei} but until we get that lucky, let's settle on some nice short plays
01[10:27] {@Threei} Short Setup: DAL .90 break hl
01[10:27] {@Threei} If holds 35
01[10:28] {@Threei} Invalidated
[10:28] {nemo} market trying to bottom
01[10:29] {@Threei} Long Setup: FB .85 break
01[10:29] {@Threei} If holds .75
01[10:34] {@Threei} TWTR over a dollar drop since entry
01[10:34] {@Threei} troub, see what I meant saying that bear market is much more fun?
01[10:39] {@Threei} Long Setup: FB .45 break
01[10:39] {@Threei} If holds .35
01[10:41] {@Threei} stop to .39
01[10:41] {@Threei} touched 1:1
01[10:41] {@Threei} 1:1
01[10:51] {@Threei} Long Setup: TWTR 37 break
[10:51] {nemo} oops
01[10:51] {@Threei} 1:1
01[10:53] {@Threei} 1:2
01[10:57] {@Threei} 1:3
01[10:57] {@Threei} 1:4
01[10:58] {@Threei} out
[11:12] {nemo} FB might be bounce time
01[11:15] {@Threei} Long Setup: FB .90 break
01[11:15] {@Threei} If holds .80
01[11:16] {@Threei} 1:1
01[11:18] {@Threei} 1:2
01[11:18] {@Threei} 09:22] {troub} vad, make 100% 1:3 calls today. Teach them to miss
01[11:18] {@Threei} getting there :)
[11:19] {troub} not bad
[11:19] {troub} actually darn good
[11:21] {nemo} .53 is FB 50 day
[11:30] {nemo} .56 the low so far
[11:37] {nemo} DAX closed on the lows
01[11:38] {@Threei} Long Setup: TWTR .35 break
01[11:39] {@Threei} If holds .25
01[11:44] {@Threei} nope
[11:51] {nemo} PETM
01[11:54] {@Threei} was looking at FB for .50 break short
01[11:54] {@Threei} haven't reconditioned myself for "short at will" yet, lol
[11:54] {nemo} yeah, but with that daily it has to be close
[11:55] {nemo} it's been #1 weak on the algo all morning though
[11:55] {nemo} still full red
01[12:20] {@Threei} Short Setup: TWTR 37 break
01[12:20] {@Threei} If holds .10
[12:21] {nemo} SPY just closed a big gap, shorts might be tough for awhile
01[12:22] {@Threei} MSFT Intends to end mainstream support (free) for Windows 7 on January 13, 2015
01[12:22] {@Threei} what??
[12:23] {nemo} they usually only support back two versions, means something else must be coming
01[12:23] {@Threei} this is lunacy
01[12:23] {@Threei} the best windows ever made
01[12:24] {@Threei} huge share of users just don't need anything else, and won't for years
01[12:25] {@Threei} Air raid sirens heard in Tel Aviv, signaling possible rocket strike
01[12:30] {@Threei} Long Setup: EBAY .35 break
01[12:30] {@Threei} If holds .30
[12:32] {nemo} petm again
[12:32] {nemo} testing lows
01[12:42] {@Threei} EBAY is valid
01[12:44] {@Threei} Long Setup: FB .75 break
01[12:44] {@Threei} If holds .65
01[12:47] {@Threei} 1:1
01[12:59] {@Threei} Cosmopolitan: J.K. Rowling just wrote another story about Harry Potter
01[12:59] {@Threei} yay...
[12:59] {nemo} my life was so bereft
[13:00] {nemo} she's probably jumping the shark with this one
01[13:00] {@Threei} going to get better now
[13:40] {nemo} selling completely exhausted, no stocks on the weak side now
[13:42] {nemo} we probably close green
01[13:45] {@Threei} easy
[13:46] {nemo} SPY went down and basically closed that gap and it was up from there
[13:46] {nemo} think the gap was .74 and it got to what, .76
[13:55] {spalqui} hello
01[13:55] {@Threei} hi
[13:55] {spalqui} is there anyone there?
06[13:55] * nemo racks the slide
[13:55] {spalqui} how are you?
06[13:55] * nemo turns on laser
[13:55] {spalqui} This is the trading room chat right?
01[13:56] {@Threei} see private essage
01[14:01] {@Threei} Long Setup: YHOO 60 break
01[14:01] {@Threei} If holds .55
01[14:04] {@Threei} .50 is more reliable support
01[14:04] {@Threei} but we are in too ijactive time
01[14:04] {@Threei} inactive
[14:17] {nemo} So, did I ever tell you about my Emergency Room Doctor friend and his gerbil story?
01[14:18] {@Threei} no, but here is my new favorite photo
01[14:18] {@Threei} https://fbcdn-sphotos-b-a.akamaihd.net/hphotos-ak-xap1/t1.0-9/10437560_10150388425744982_8457862513280799874_n.jpg
[14:18] {nemo} That's kinda like "If I promise to miss you, will you go away?"
[14:23] {nemo} like appl short here below .20?
[14:24] {nemo} nope
[14:28] {nemo} frickin' tempting
01[14:34] {@Threei} gs!
01[14:34] {@Threei} missed nice day
[14:34] {nemo} just call him Lloyd
01[14:35] {@Threei} lol
[14:38] {goinshort} just got back in town
[14:42] {RonS} lol...I don't blame the GOP for going to Cleveland. It's so hot in Dallas, Bill Clinton got in bed with Hillary, just to cool off
01[14:43] {@Threei} lol
01[14:43] {@Threei} cruel
01[14:51] {@Threei} Long Setup: FB .80 break
01[14:51] {@Threei} If holds .70'
01[14:55] {@Threei} change to .60 break
01[14:55] {@Threei} If holds .50
01[15:00] {@Threei} *(US) MAY CONSUMER CREDIT: $19.6B V $20.0BE
01[15:00] {@Threei} (IL) Reportedly explosion heard in the area of Tel Aviv; said to be an intercepted rocket - press - Follow up: Air raid sirens now going off in Jerusalem, Haifa and the northern region of Israel, near Binyamina
01[15:00] {@Threei} man...
[15:01] {nemo} that might not be good, what were the credit card debt comps
01[15:01] {@Threei} (IQ) Pentagon official: US has increased suveillance flights over Iraq to about 50/day (from three dozen per day previously)
01[15:01] {@Threei} - Total consumer credit annual rate +7.4% - Revolving credit +$1.79B; +2.5% annual rate - Non Revolving credit +$17.8B; +9.3% annual rate - Prior Consumer Credit revised lower from $26.85B to $26.1B
01[15:02] {@Threei} I think Obama deserves one more Nobel prize
[15:02] {nemo} with the dynamite attached?
01[15:03] {@Threei} no go FB
01[15:15] {@Threei} Long Setup: IWM .30 break
01[15:15] {@Threei} If holds .20
[15:16] {nemo} yeah, was looking at .18 break spy
[15:16] {nemo} iwm spy and finnies all had same setup
01[15:16] {@Threei} wanted .25 initially, too bad didn't go for it
01[15:18] {@Threei} FB rinse
[15:18] {nemo} probably a short here
[15:19] {nemo} guess so
01[15:20] {@Threei} grrrr
01[15:34] {@Threei} Short Setup: FB .65 break
01[15:34] {@Threei} If holds .75
01[15:36] {@Threei} shrug...
01[15:36] {@Threei} as much as I liked first half of the day...
01[15:42] {@Threei} Long Setup: IWM .30 break
01[15:42] {@Threei} last try
01[15:48] {@Threei} stop to .23
01[15:49] {@Threei} ok
01[15:50] {@Threei} our morning, their afternoon
01[15:50] {@Threei} thank you all, have a good evening
01[15:50] {@Threei} see you tomorrow
[15:50] {goinshort} cya all tomorrow - thanks
01[15:51] {@Threei} take care gs