Friday, August 1, 2014

Aug 1 2014

A few good ones, a few rinses - finishing somewhat in the red overall. Good positive week though.


Session Start: Fri Aug 01 00:00:00 2014

[09:01] {dino} gm
[09:04] {RonS} gm...did i crash the board yesterday w/ that jobs comment?  mea culpa...
01[09:04] {@Threei}  dino :)
01[09:04] {@Threei}  ron :)
01[09:05] {@Threei}  well, last call on DDD made just before the crash worked
01[09:05] {@Threei}  hope someone got it
[09:14] {troub} good morning you all
01[09:16] {@Threei}  troub :)
01[09:28] {@Threei}  Upside:
01[09:28] {@Threei}  -BYI +32% (acquisition by SGMS)
01[09:28] {@Threei}  -LNKD +9.2 (earnings)
01[09:28] {@Threei}  -AWI +6.2 % (ValueAct discloses stake, broker comments)
01[09:28] {@Threei}  -SYNA +4.5% (earnings)
01[09:28] {@Threei}  Downside:
01[09:28] {@Threei}  -BOTA -40% (Phase 2 Trial of Laninamivir Octanoate Did Not Meet Primary Endpoint)
01[09:28] {@Threei}  -WWWW -24% (earnings)
01[09:28] {@Threei}  -YRCW -15% (earnings)
01[09:28] {@Threei}  -PXLW -12% (earnings)
01[09:28] {@Threei}  -GPRO -11% (earnings)
01[09:28] {@Threei}  -ADNC -9.8% (earnings)
01[09:28] {@Threei}  -MT -5.9% (earnings)
01[09:28] {@Threei}  -EEP -4.2% (earnings)
01[09:28] {@Threei}  -ATHL: -4.1% (pricing of public offering at $46.25/shr)
01[09:29] {@Threei}  WHO: If the ebola situation in West Africa continues to worsen, the consequences could be catastrophic
01[09:31] {@Threei} Short Setup: TWTR  .90 break
01[09:31] {@Threei}  If holds  45
01[09:32] {@Threei}  Invalidated
[09:33] {dino} arrs sm l .14
[09:33] {ese} gm
01[09:34] {@Threei}  ese :)
01[09:36] {@Threei} Short Setup: GDX  .20 break
01[09:37] {@Threei}  actually, let's change to .25 break
01[09:37] {@Threei}  If holds  .30
01[09:39] {@Threei}  Invalidated
01[09:40] {@Threei}  both calls worked as two-sided
01[09:41] {@Threei}  gotta watch for these setups and call as such
01[09:41] {@Threei} Short Setup: FB  73 break
01[09:42] {@Threei}  If holds  .10
01[09:42] {@Threei}  nope
01[09:44] {@Threei}  rinse
01[09:47] {@Threei}  ugh... 1:3
01[09:48] {@Threei} Long Setup:  VXX  .40 break
01[09:49] {@Threei}  If holds  .30
[09:49] {dino} kors sm l .50
01[09:55] {@Threei}  *(US) JULY FINAL UNIVERSITY OF MICHIGAN CONFIDENCE: 81.8 V 81.8E
01[10:00] {@Threei}  *(US) JUN CONSTRUCTION SPENDING M/M: -1.8% V 0.5%E
01[10:00] {@Threei} Long Setup:  VXX  31 break
01[10:00] {@Threei}  If holds  .90
01[10:00] {@Threei}  Invalidated
01[10:00] {@Threei}  (US) JULY ISM MANUFACTURING: 57.1 V 56.0E; PRICES PAID: 59.5 V 58.0E
[10:02] {ese} hmmmmm
01[10:06] {@Threei} Short Setup: FB  73 break
01[10:06] {@Threei}  If holds  .10
01[10:06] {@Threei}  valid
01[10:10] {@Threei}  1:1
[10:11] {dino} kors stop -.30
01[10:13] {@Threei}  1:2
01[10:13] {@Threei}  finally hooked one
01[10:14] {@Threei}  1:3
01[10:15] {@Threei}  closed
[10:17] {goinshort} nice call V -thanks
01[10:25] {@Threei}  :)
[10:31] {nemo} VRSN
[10:43] {nemo} OXY
01[10:44] {@Threei} Long Setup:  VXX  .30 break
01[10:44] {@Threei}  ugh, late
[10:46] {nemo} OXY looks long above .20 if it holds .10
[10:47] {nemo} this tempo today though makes me think you'll get a flush after it breaks.  Might be better to see if break holds, or if it doesn't when it comes back in it stays near .10 then comes right back up
01[10:47] {@Threei}  grrr VXX
[10:49] {nemo} OXY holding in this down move
[10:58] {nemo} there's your 1:1
[10:59] {nemo} think .70ish a reasonable target
[11:00] {nemo} oh well
01[11:06] {@Threei}  can you believe we were 5 seconds late for VXX?
01[11:06] {@Threei}  1:9
[11:12] {RonS} cjes gone pulp
[11:12] {RonS} feye gone gone
[11:16] {nemo} X short
[11:32] {nemo} it's going down while spy is strengthening, should test the close and maybe lows
01[11:38] {@Threei} Short Setup: FB  .90 break
01[11:38] {@Threei}  If holds  72
[11:40] {nemo} X at yestrday's close
01[11:42] {@Threei}  nah'
01[11:50] {@Threei} Long Setup:  IWM  .10 break
01[11:50] {@Threei}  If holds  110
01[11:51] {@Threei}  Invalidated
[11:52] {RonS} -1432 tick
01[11:52] {@Threei} Long Setup:  IWM  110 break
01[11:52] {@Threei}  If holds  .90
01[11:54] {@Threei}  a lot of emotions suddenly
01[11:55] {@Threei}  *(AR) ISDA RULES THAT ARGENTINA IS IN A FAILURE TO PAY CREDIT EVENT
01[11:55] {@Threei}  how is it news
01[11:56] {@Threei}  kust an acknowledgement
01[11:56] {@Threei}  just
[11:56] {ese} it just is
[11:56] {dino} feye sm l .60
01[12:00] {@Threei}  ugh
01[12:04] {@Threei}  rinse
[12:09] {RonS} lol...Friday, markets melting but what I wanna know is what #Bacon prices are doing?
01[12:09] {@Threei} Long Setup:  FB  .80 break
01[12:09] {@Threei}  lol
[12:11] {dino} bacon is sizzling
[12:17] {ese} looks like the DJ is going to hit that 162.7 target you were talking about yesterday dino
[12:17] {ese} the gap
[12:18] {dino} markets down 4% from highs last week. 4-5% has been the buy area
[12:19] {dino} maybe so ese
[12:19] {dino} media seems to be a doom and gloom
01[13:12] {@Threei} Long Setup:  VXX  .20 break
01[13:12] {@Threei}  If holds  .15
01[13:14] {@Threei}  hate today's afternoon
[13:14] {nemo} question is, do we get short covering later
[13:15] {ese} make a great weekend all.....cya next week
[13:15] {nemo} 1.5 break now
[13:15] {nemo} .15
01[13:15] {@Threei}  take care ese
01[13:16] {@Threei}  (*&#$@*
[13:16] {nemo} there's ur 1:1  and then some
01[13:16] {@Threei}  another rinse
[13:17] {nemo} indexes in short formation
[13:17] {nemo} stop around .10ish
[13:18] {nemo} it's got to get above .25
[13:18] {nemo} gnite
[13:19] {nemo} Have fun storming the castle....
[13:30] {dino} uwm hl l .30
[13:32] {nemo} forgot about the uwm
[13:33] {nemo} not for the faint of heart
[13:36] {nemo} would think vxx long around vwap too
[13:38] {nemo} R1 there too
[13:43] {nemo} vxx long .35
[13:43] {nemo} stop under Vwap
01[13:44] {@Threei}  nice entry
[13:45] {nemo} first target .55
[13:45] {nemo} next above .70
[13:46] {nemo} interesting if vxx continues to come in today, still complacency
[13:47] {nemo} sheesh
[13:47] {nemo} support @ .17
[13:48] {nemo} another setup forming
[13:48] {nemo} this would be buy it here with stop under .17 or wait until break of .40
[13:49] {nemo} put the stop under the doji
[13:49] {nemo} having said that, don't have short setups on indexes
[13:49] {nemo} yet
[13:54] {nemo} is this the vxx higher low?
[13:55] {nemo} what's tough are the other indexes are at VWAP
01[13:55] {@Threei}  really can't tell
[13:55] {nemo} yeah, nobody knows what to do here
[13:55] {dino} markets are going up
[13:55] {nemo} I've got the scarecrow signal at the moment
[13:57] {dino} out feye .90, +.30
[13:57] {nemo} you're so frickin' lucky
[13:59] {nemo} there go the VWAP stops
[13:59] {dino} not really, too tight on trail
[13:59] {nemo} frickin' stop  hunters
[13:59] {nemo} damn short sellers
[13:59] {nemo} ffffnnnn hfters
[13:59] {nemo} commie bastids
06[13:59] * nemo thinks he's had enough coffee
[14:00] {nemo} 31.92 next support
[14:01] {nemo} and the algos bought the whole number
[14:10] {dino} out uwm .71, +.41
01[14:10] {@Threei}  wtg
[14:10] {dino} ty
[14:15] {nemo} hah, vxx low......93
[14:20] {RonS} didn't want to raise it while ese was here but wonder if he's holding wprt?...
01[14:20] {@Threei}  he did?
01[14:21] {@Threei}  I remember BLDP
[14:21] {RonS} pump and dump vancouver bastids...
01[14:22] {@Threei}  :)
[14:22] {nemo} I copyrighted that
01[14:33] {@Threei}  (US) President Obama plans statement at 1435ET - Note: A Variety of issues could be discussed, including discussions about Congress failing to accomplish certain items before their August break, Ebola, and/or recent conversation with Russia President Putin on the Ukraine issue. May also discuss the jobs figures from this morning
[14:36] {RonS} jhChrist, what could go wrong?  Pentagon says Ebola patients will arrive at Atlanta-area air base via non-military aircraft
[14:37] {dino} whatever happened to containing epidemics
[14:37] {dino} next thing that will happen is they will transort them on cruise ships
[14:38] {dino} feye hl l .60
01[14:38] {@Threei}  my only questiin is: will entire Congress go greet them? shake hands? hug?
[14:38] {dino} maybe they are planning to thin the herd
[14:39] {RonS} meet & great with the central am kids?
[14:40] {cosmo} its called airborne Ebola...
01[14:52] {@Threei}  (US) President Obama: Will veto the House Republicans' 'extreme' scaled down border legislation - notes the Republican border legislation is unworkable
[14:56] {dino} feye out .84, +.24
01[14:56] {@Threei}  wtg
[14:56] {dino} ty
[14:56] {dino} btw, will be on vacation until thursday
01[14:59] {@Threei}  difficult life
01[15:00] {@Threei}  you will have to undertake that extremely stressful golf, won't you?
[15:00] {dino} yes, legends mooreland, heathland, parkland and oyster bay
[15:01] {dino} tough job, but somebody has to do it
01[15:03] {@Threei}  we owe you a debt of gratitude
01[15:08] {@Threei} Long Setup:  VXX  .50 break
01[15:08] {@Threei}  If holds  .40
[15:09] {troub} dino, need an elderly caddy?
[15:13] {dino} prefer a hot one
[15:13] {nemo} that'll go over well with your wife
[15:13] {dino} yeah, thats probably pushing it. but you do see them on the course
[15:14] {nemo} dcc dino
[15:14] {troub} age descrimination?
[15:15] {nemo} are you a hot older one?  then no
[15:16] {troub} well I sweat a lot
[15:17] {nemo} ex-politician troub
[15:17] {nemo} ?
01[15:50] {@Threei}  OK guys, thank you all
01[15:51] {@Threei}  have a great weekend, see you Monday
01[15:51] {@Threei}  have fun dino
[15:51] {dino} ty, and gn