Session Start: Thu Jul 31 00:00:00 2014
[08:46] {nemo} Brian on his way, but says he won't have time to have lunch
01[08:47] {@Threei} too bad
[08:47] {nemo} calls me "toad"
01[08:47] {@Threei} lol
[08:48] {nemo} Decided against going to Maine, going to the Cape instead. I told him you don't want to be in Cape traffic on a Friday afternoon, so they're coming up today
[08:49] {nemo} I thought it was interesting the VIX closed in the upper end of its range yesterday
[08:51] {nemo} twtr has no bids
01[08:54] {@Threei} no kidding
[08:57] {nemo} tempte to short here
[08:59] {nemo} this is the 50% retrace
01[09:03] {@Threei} from where?
[09:03] {nemo} the aftermarket high on earnings
[09:03] {nemo} touched it to the penny
[09:09] {nemo} tested 45 couldn't get through
[09:10] {nemo} 44.20 next support
[09:14] {nemo} yelp looks short here
[09:15] {nemo} what a spread though
[09:19] {troub} good morning you all
01[09:20] {@Threei} troub :)
[09:25] {RonS} gm
01[09:25] {@Threei} ron :)
01[09:27] {@Threei} Upside:
01[09:27] {@Threei} -VPRT +21% (earnings)
01[09:27] {@Threei} -OTEX +11% (earnings)
01[09:27] {@Threei} -LPSN +15% (earnings)
01[09:27] {@Threei} -ROSG +7.1% (signs agreement w/pharma company for Alzheimer's diagnostics)
01[09:28] {@Threei} -YELP -5.2% (earnings)
01[09:28] {@Threei} -AKAM -6.1% (earnings)
01[09:28] {@Threei} -WFM -5.5% (earnings)
01[09:28] {@Threei} -MOH -7.4% (earnings)
01[09:28] {@Threei} -GLUU -9.9% (earnings)
01[09:28] {@Threei} -CODE -11% (earnings)
01[09:28] {@Threei} -EHTH -27% (earnings)
01[09:28] {@Threei} -MTW -9.1% (earnings)
01[09:28] {@Threei} -QUIK -22% (earnings)
01[09:28] {@Threei} -DDD -12.9% (earnings)
01[09:28] {@Threei} -EDAP -38% (concern re: FDA Advisory Committee Meeting on Ablatherm-HIFU for prostate cancer)
01[09:29] {@Threei} a few names are down on concern over potential Argentinian bond default
[09:31] {ese} gm
01[09:31] {@Threei} ese :)
01[09:32] {@Threei} Long Setup: FB .80 break
01[09:32] {@Threei} If holds .70
01[09:32] {@Threei} changr to .70 break
01[09:32] {@Threei} If holds .60
01[09:33] {@Threei} 1:1
[09:33] {nemo} two way, look at that gap below
01[09:33] {@Threei} 1:2
01[09:33] {@Threei} 1:3
01[09:33] {@Threei} out
[09:36] {nemo} can't type for shit, but can sure whack those lightning plays
01[09:37] {@Threei} I can type perfectly fine if I have time... which is not the case with lightning plays
01[09:38] {@Threei} in fact, I can type better than anyone who tries to type with swimming fins on his hands
01[09:43] {@Threei} Long Setup: TWTR .25 break
01[09:43] {@Threei} Invalidated
[09:43] {nemo} I was just gonna short, and you called a long
01[09:44] {@Threei} you could have faded it?
01[09:44] {@Threei} mine never triggered
[09:44] {nemo} yeah, but made me think we were both rwrong
01[09:45] {@Threei} " rwrong"... I will ignore the chance for a sweet revenge...
01[09:45] {@Threei} *(US) JULY CHICAGO PURCHASING MANAGER: 52.6 V 63.0E
[09:45] {nemo} glass houses dude
01[09:49] {@Threei} dino, DDD
01[09:58] {@Threei} Long Setup: TWTR .30 break
01[09:59] {@Threei} If holds .20
01[09:59] {@Threei} Invalidated
[09:59] {nemo} same thing again
01[10:00] {@Threei} you shorted?
[10:00] {dino} any news for the market drop?
01[10:01] {@Threei} not really... agrentinian default possibility, but
[10:04] {dino} thats been going on for a month
01[10:04] {@Threei} it's in critical phase :)
01[10:06] {@Threei} YELP looks ready
01[10:07] {@Threei} spread is jumpy, not for faint hearts
01[10:09] {@Threei} Long Setup: TWTR .30 breal
01[10:09] {@Threei} If holds .20
01[10:09] {@Threei} change to .25
01[10:09] {@Threei} If holds .15
01[10:10] {@Threei} 1:1
[10:10] {dino} db l .45
01[10:10] {@Threei} 1:2
[10:11] {dino} safm sm l ave .78
[10:12] {RonS} arcb sm l 33.90
01[10:19] {@Threei} TWTR had more in it
01[10:19] {@Threei} Short Setup: FB .70 break
01[10:19] {@Threei} If holds .80
01[10:20] {@Threei} Invalidated
[10:20] {RonS} out arcb 34.80 +.90
[10:21] {ese} s small tsra .40
[10:22] {dino} gj ron
[10:22] {RonS} ty
[10:23] {ese} gutsy too ron..huge spread
[10:25] {dino} cnc hl l .14
01[10:25] {@Threei} yeah, I dunno how you guys do it without constant uninterrupted supply of fresh diapers
[10:26] {ese} lol
01[10:26] {@Threei} it's all dino's fault, he invented diaper trading
[10:26] {RonS} ya ergo small...was coming into support
01[10:26] {@Threei} ugh FB... got away
[10:28] {ese} cov tsra .20 +.20 dino sm 400shs
[10:28] {ese} crap 2 seconds later
[10:29] {dino} gj
[10:29] {ese} ya tks
01[10:29] {@Threei} GTAT Ticking higher on circulation of blog reports that a Kyocera phone will be sapphire coated and functional
[10:29] {RonS} tedu l 12.30
01[10:42] {@Threei} Short Setup: TWTR .40 break
01[10:42] {@Threei} If holds .50
01[10:47] {@Threei} no go
01[10:57] {@Threei} Long Setup: CAT .80 break
01[10:57] {@Threei} If holds .70
01[10:57] {@Threei} can't believe I missed .20 short...
[10:57] {ese} porche sales not in trouble:Reports 1H op profit €1.4B v €1.29B y/y, Rev €8.2B v €7.07B y/y - Deliveries covering the period from the beginning of January to the end of June rose by eight percent to 87,803 vehicles compared to the same period last year - Exec: "The resulting depreciation and rising labor costs put an ever increasing strain on our results. Add
[10:58] {ese} Add to this the very high expenditure for research and development, in particular in connection with reducing fleet carbon emissions," Confirms that Porsche intends to achieve at least the same level of results in fiscal year 2014 as in the previous year. - Source TradeTheNews.com
[10:58] {ese} gonna have to get me one I guess
01[10:59] {@Threei} couple more scalps and you can afford it from your intraday profits
[10:59] {ese} is today more about the possible Argentina default or the jobless claims and purchasing mgrs report
01[10:59] {@Threei} change CAT to .65 break
01[10:59] {@Threei} If holds .55
01[11:00] {@Threei} who knows
01[11:00] {@Threei} and who cares
01[11:00] {@Threei} analysts will tell us tomorrow
[11:00] {ese} time for retracement i guess
01[11:00] {@Threei} they know everything after the fact
01[11:00] {@Threei} assign explanation, and you have this illusion of order and predictability
01[11:01] {@Threei} and stroke your ego
01[11:01] {@Threei} and maintain reputation of the one who in the know
01[11:01] {@Threei} but to tell what is going to happen tomorrow - none of them can
[11:01] {ese} ya for sure
01[11:02] {@Threei} and not because they are bad, or stupid or anything like that,
01[11:02] {@Threei} but simply because it's unpredictable
01[11:02] {@Threei} the fact that they refuse to acknowledge
[11:02] {dino} slca hl l .48
[11:03] {ese} well...190 should be the next stop for the spyders
[11:03] {ese} it's clearly down after breaking though it's 50 ma
[11:04] {ese} but wha do I know
[11:04] {RonS} McClellan at -88 bottom is close
01[11:04] {@Threei} dangerous thing to ask with nemo around
01[11:05] {@Threei} Invalidated CAT
[11:05] {nemo} yeah bounce signals in idiot indicators and algo
[11:06] {ese} what can I tell ya....I'm trying to maintain my reputation of being in the know!
[11:06] {nemo} you mean, "In the NO!"
[11:06] {ese} lol
[11:07] {ese} WHERE THE HELL IS LES?? Somebodys gotta take the pressure off me!!!!!
[11:07] {nemo} bohica ese....
[11:08] {ese} where the hell is bohica? Rather.....what the hell is a bohica.....
[11:08] {nemo} google it
[11:09] {ese} am scared of what I might find
[11:10] {__hrhartman} i'm back
[11:11] {ese} BOHICA acronym, although pronounced as if it is a single word, for "Bend over! Here it comes again."
[11:12] {ese} sheesh
[11:29] {troub} .
01[11:30] {@Threei} can't get a sense, bounce or breakdown
[11:33] {__hrhartman} odd wonky mkt today. some days yah just sit on yr hands, dont take a trade
[11:35] {dino} yeah
01[11:48] {@Threei} Short Setup: CAT .50 break
01[11:48] {@Threei} that was fast
01[11:48] {@Threei} 1:1
[11:50] {dino} gut saying btfd
[11:56] {nemo} they'll take this below 194
[11:57] {dino} dji off 3% from highs few days ago
[11:58] {nemo} what's worse, looking at the SPY daily the next set of serious stops are probably below 193
[11:59] {dino} breaking s3, showing may gap 187.6 area
[11:59] {nemo} s4 193.52
[12:00] {dino} 162.38, april dji gap
[12:02] {ese} I can barely see that gap....
[12:02] {dino} need glasses
[12:02] {ese} i think so
01[12:13] {@Threei} Long Setup: TWTR .60 break
01[12:13] {@Threei} If holds .50
[12:15] {dino} buying some calls
01[12:17] {@Threei} change to .40 breeak
01[12:17] {@Threei} .50 sorry
01[12:17] {@Threei} If holds .40
[12:17] {ese} haven't had a day like this for a while
01[12:18] {@Threei} with this much selling you mean?
[12:20] {ese} I don't think the volume is up there is it......seems like just constant downward pressure...wringing out some excess i guess
[12:27] {dino} agree ese, pretty orderly fall imo
01[12:29] {@Threei} 1:1
[12:30] {dino} gj
01[12:30] {@Threei} ty
01[12:31] {@Threei} finding order in chaos
[12:31] {ese} ya seems orderly to me dino
[12:32] {ese} I still think dj is going to hit 166 before any support .50 to go
01[12:34] {@Threei} 1:2
[12:35] {ese} as soon as I make that call....look what happens
[12:35] {ese} theres goes my credibility all shot to hell
[12:35] {dino} lol
[12:36] {__hrhartman} chaos is good, shakes out the public a tad, good adj & reset
01[12:36] {@Threei} ese, you just can't stop feeding nemo, can you?
[12:37] {nemo} too easy
01[12:37] {@Threei} chaos is our most favorite trading environment, yes
[12:37] {nemo} he's starting to make Les look like a genius
[12:38] {__hrhartman} yup, panic = profit
01[12:40] {@Threei} 1:3
01[12:40] {@Threei} 1:4
01[12:40] {@Threei} over and out
[12:45] {dino} aapl hl l .70
01[12:46] {@Threei} visual: https://upload.facebook.com/RealityTrader/photos/a.237133656321317.63196.235739863127363/807903705910973/?type=1
01[12:46] {@Threei} oops, wrong link
[12:47] {dino} uwm hl l .91
01[12:47] {@Threei} or not... works?
01[12:50] {@Threei} this should be better: http://goo.gl/bCGQ4d
[13:05] {__hrhartman} chart looks great, "being there" even better.
01[13:10] {@Threei} :)
01[13:29] {@Threei} Short Setup: GLD .30 break
01[13:29] {@Threei} If holds .40
01[13:36] {@Threei} EU gives final approval to sanctions against Russia
01[13:36] {@Threei} no go GLD
[13:42] {dino} out uwm .35, +.44
01[13:43] {@Threei} wtg
[13:43] {dino} out aapl .10, +.40
[13:43] {dino} out scla calls +.25
[13:43] {dino} slca
[13:45] {dino} out vxx puts +.15
01[13:48] {@Threei} ok, now you are showing off
[13:50] {dino} wait for it.....
[13:50] {dino} out cnc .52, +.44
01[13:50] {@Threei} sigh
[13:51] {dino} opps, +.30
01[13:51] {@Threei} ahhha!
01[13:51] {@Threei} lol
[13:52] {__hrhartman} brb in 45m
[13:59] {ese} pretty interesting wild flucuations going on
[14:06] {dino} out slca .78, +.30
01[14:09] {@Threei} having pretty good day eh dino?
[14:09] {dino} now, am couple stops
[14:14] {nemo} VXX
01[14:20] {@Threei} you think?
01[14:20] {@Threei} can't decide here
[14:21] {dino} xiv hl l .25
01[14:27] {@Threei} Long Setup: DDD .20 break hl
01[14:27] {@Threei} If holds .05
[14:30] {nemo} Jobs report tomorrow
02[14:33] * Disconnected
Session Close: Thu Jul 31 14:33:19 2014
