Monday, August 11, 2014

Aug 11 2014

One 1:3 (FB), one 1:4 (VXX), a few stops and scalps. Positive overall, and mostly boring


Session Time: Mon Aug 11 00:00:01 2014
[08:55] {dino} gm 3i
01[08:56] {@Threei}  morning dino
[09:17] {troub} good morning
01[09:17] {@Threei}  troub :)
[09:18] {RonS} howdy everyone
01[09:18] {@Threei}  ron :)
01[09:22] {@Threei}  once again market's happy on misunderstood empty promises of deescalation
[09:23] {dino} perception is reality
01[09:23] {@Threei}  absolutely
01[09:27] {@Threei}  just gotta be careful, military evelopment can come any moment and send market down in a hurry
01[09:31] {@Threei} Long Setup:  FB  .40 break
01[09:31] {@Threei}  If holds  .30 
01[09:32] {@Threei}  1:1  
01[09:32] {@Threei}  1:2  
01[09:33] {@Threei}  1:3  
01[09:33] {@Threei}  out .73
[09:33] {goinshort} wow nice one V!
01[09:33] {@Threei}  :)
01[09:36] {@Threei} Long Setup:  TWTR  .50 break
01[09:36] {@Threei}  If holds  .40 
01[09:37] {@Threei}  Invalidated  
01[09:40] {@Threei}  Upside:
01[09:40] {@Threei}  -PIP +60% (court awards company lump sum expectation damages from SIGA; could be up to $350M)
01[09:40] {@Threei}  -KMI +17% (announces agreement to purchase KMP, KMR & EPB for $70B)
01[09:40] {@Threei}  -DRL +25% (in negotiations with Puerto Rico govt. ahead of trial over tax refund)
01[09:40] {@Threei}  -KMP +24% (KMI deal)
01[09:40] {@Threei}  -KMR +30% (KMI deal)
01[09:40] {@Threei}  -EPB +27% (KMI deal)
01[09:40] {@Threei}  -MNKD +20% (licensing deal with SNY regarding Afrezza worth up to $925M)
01[09:40] {@Threei}  -TKMR +13% (continued Ebola momentum)
01[09:40] {@Threei}  -HGSH +23% (signs 2 porject agreements in Hanzhong City, worth up to $1.3B)
01[09:40] {@Threei}  Downside:
01[09:40] {@Threei}  -DF -8.5% (earnings)
01[09:40] {@Threei}  -GOGO -2.9% (earnings)
01[09:40] {@Threei}  -SIX -1.5% (no news seen)
01[09:41] {@Threei} Long Setup:  TWTR  .10 break
[09:41] {RonS} six...roller coaster riders got stuck...
01[09:41] {@Threei}  If holds  43 
01[09:42] {@Threei}  SPY
01[09:42] {@Threei}  Invalidated  
01[09:43] {@Threei}  wtf
01[09:43] {@Threei}  (UR) Russia Foreign Min Lavrov: Reached agreement with Ukraine and the Red Cross on a humanitarian mission to provide aid in eastern Ukraine, mission could begin shortly
01[09:43] {@Threei}  this doesn't sound right
01[09:50] {@Threei} Long Setup:  VXX  .50 break
01[09:50] {@Threei}  If holds  .40 
[09:50] {ese} gm.....took the week off...traveled as far as vancouver.....and painted the front of my house...and almost broke myright big toe
01[09:50] {@Threei}  hey ese
[09:50] {ese} vad
[09:51] {nemo} the resident Trotskyite
01[09:51] {@Threei}  Invalidated  
[09:52] {RonS} quit biting your big toenail and break potential goes away...
[09:52] {nemo} sndk is short but spready
[09:52] {ese} its a moniker I can handle
[09:52] {ese} lol
[09:52] {nemo} what ese?  Invalidated?
[09:52] {dino} lol ese, broke my right toe next to pinky toe july 1st. tough walking for two weeks
[09:52] {nemo} you guys got nothing on me
[09:53] {ese} ya we went into the doctor ...thank goodeness it wasn't broken...dropped a full can of paint on it.....shit did that hurt.....
01[09:53] {@Threei} Long Setup:  FB  .55 break
01[09:53] {@Threei}  If holds  .45 
[09:53] {nemo} when I was 18 did some serious damage to the big toe.  It was fine until about 6 or seven years ago...Oy frickin' Weh
[09:53] {ese} still hurts
[09:53] {dino} stubbed mine on bed post late night
01[09:54] {@Threei}  ah... toe os a device for locating the furniture in low light conditions
[09:54] {ese} lol
01[09:55] {@Threei}  FB two-sided
[09:55] {nemo} it's having trouble with vwap it looks either short or choppy
[09:58] {dino} added db calls
01[10:00] {@Threei}  FB looks crashy
01[10:00] {@Threei}  wouldn't even try to break with SPY rally
01[10:02] {@Threei}  die already, will ya
01[10:03] {@Threei} Long Setup:  VXX  32 break
01[10:03] {@Threei}  If holds  .90 
01[10:04] {@Threei}  Invalidated  
[10:07] {nemo} iwm likely going to the 200 day up around .70
01[10:08] {@Threei} Long Setup:  WMT  .45 break
01[10:09] {@Threei}  change to .40 break
01[10:09] {@Threei}  If holds  .35 
01[10:11] {@Threei} Long Setup:  VXX  .70 break
01[10:11] {@Threei}  If holds  .60 
01[10:11] {@Threei}  Invalidated  WMT 
[10:12] {nemo} wag
[10:12] {nemo} WAG
[10:13] {RonS} barrons effect...wag
01[10:13] {@Threei}  1:1  VXX 
01[10:21] {@Threei} Long Setup:  CAT  .80 break
01[10:21] {@Threei}  If holds  .70 
01[10:24] {@Threei}  nah
01[10:28] {@Threei} Short Setup: FB  .36 break
01[10:28] {@Threei}  .35
01[10:28] {@Threei}  If holds  .45 
01[10:30] {@Threei}  hesitant market
[10:31] {dino} data sm l .12
01[10:31] {@Threei}  Invalidated  
[10:32] {dino} lci sm l .98
01[10:33] {@Threei} Long Setup:  SWI  .80 break
01[10:33] {@Threei}  If holds  .70 
[10:35] {RonS} mr market...can i get an appointment to trade swi?
01[10:35] {@Threei}  yeah, let's disregard it
01[10:36] {@Threei} Long Setup:  CMCSA  .03 break
01[10:36] {@Threei}  If holds  .95 
01[10:40] {@Threei}  Russian sanctions dim Greek hopes for exit from recession
01[10:40] {@Threei}  lol
01[10:41] {@Threei}  Greece is trying to exit whetever it's in, for like 5 years already
01[10:41] {@Threei}  if Russia was its last hope, I say it exits recession in 2114
[10:42] {RonS} lol
01[10:43] {@Threei}  to put it in diplomatic terms, no one living today will last long enough to see Greece exiting recession
[10:45] {RonS} Greek recession since Roman conquest?
[10:45] {flash} Best to all. Trade Green : )
01[10:45] {@Threei}  gone in a flash
06[10:46] * @Threei looks around expectantly
06[10:46] * nemo deducts point for Mr. Obvious
[10:46] {RonS} lol
06[10:46] * @Threei tips his hat
[10:46] {RonS} definition of flash trading?
01[10:47] {@Threei}  Captain Obvious is a title I'll defend to the last drop of nemo's blood
[10:47] {RonS} ...better than being Mr. Trend Chart Guy...
01[10:48] {@Threei}  that's... so gay
01[10:50] {@Threei} Long Setup:  VXX  .40 break
01[10:50] {@Threei}  wow... fast
[10:50] {nemo} IWM kisses the 200 and market drops
01[10:50] {@Threei}  If holds  .30 
01[10:51] {@Threei}  no go CMCSA
[10:51] {nemo} Nemo's senior citizen chauffer service is signing off for now
[10:52] {RonS} nemo = Mr cab driver guy...
01[10:54] {@Threei}  1 cent from 1:1
01[10:54] {@Threei}  sigh
01[11:02] {@Threei} Short Setup: JPM  .43 break
01[11:02] {@Threei}  If holds  .50 
01[11:12] {@Threei}  Invalidated  
01[11:18] {@Threei}  there has to be a top in this...
[11:25] {dino} out lci .52 +.54
01[11:25] {@Threei}  wtg
[11:25] {dino} ty
01[11:26] {@Threei}  one more bounce, double top, and hopefully we get our short
01[11:26] {@Threei}  in VXX terns, that would be a pullback under .10 and buy on recross
01[11:30] {@Threei}  "As of 11 o'clock today, about 45,000 troops of the armed forces and internal forces of the Russian Federation are concentrated in border areas," Lysenko told a briefing.
01[11:30] {@Threei}  He said they were supported by 160 tanks, 1,360 armoured vehicles, 390 artillery systems, up to 150 Grad missile launchers, 192 fighter aircraft and 137 attack helicopters.
01[11:31] {@Threei}  yup, de-escalation at its finest
01[11:38] {@Threei}  anyone caught VXX on pullback?
01[11:39] {@Threei}  11:34, exact setup I was talking about
[11:40] {RonS} yep, too fast, missed
[11:47] {ese} it'll only be 96 fighter aircraft.......rebels will shoot down half
[11:47] {RonS} wow
[11:47] {RonS} ese right on top of it...
[11:47] {ese} indeed
[11:47] {RonS} rebels are russian
[11:49] {ese} now that they've had practise shooting down civilian aircraft there ready for the faster stuff
[11:50] {RonS} Cowboy: "Give me 3 packets of condoms, please."
[11:50] {RonS}  Cashier: "Do you need a paper bag with that, sir?"
[11:50] {RonS}  Cowboy: "Nah... She's purty good lookin'....."
[11:53] {ese} rotflol
01[11:54] {@Threei}  lol
[11:54] {dino} lol
01[11:58] {@Threei} Long Setup:  VXX  .25 break
01[11:58] {@Threei}  If holds  .15 
01[12:02] {@Threei}  1:1  
[12:46] {RonS} nemo out on the town?  I was talking to a girl in the bar last night. She said, "If you lost a few
[12:46] {RonS}  pounds, had a shave and got your hair cut, you'd look all right."
[12:46] {RonS}  I said, "If I did that, I'd be talking to your friends over there instead of
[12:46] {RonS}  you."
01[12:47] {@Threei}  I can hear the slap
[12:47] {RonS} nemo's pickup line?  I was telling a girl in the pub about my ability to guess what day a woman
[12:47] {RonS}  was born just by feeling her boobs.
[12:47] {RonS}  "Really" she said, "Go on then...try."
[12:47] {RonS}  After about thirty seconds of fondling she began to lose patience and said,
[12:47] {RonS}  "Come on, what day was I born?"
[12:47] {RonS}  I said, "Yesterday."
[12:48] {RonS} after the night out?  I got caught taking a pee in the swimming pool today.
[12:48] {RonS}  The lifeguard shouted at me so loud, I nearly fell in.
01[12:48] {@Threei}  oh boy
01[12:48] {@Threei}  lol
01[13:29] {@Threei} Long Setup:  VXX  .40 break
01[13:29] {@Threei}  If holds  .30 
[13:29] {nemo} I've got support between .25-.28
[13:32] {dino} gut says markets continue up
[13:34] {nemo} I see it got real quiet
[13:35] {RonS} ese's prediction the rebels to shoot down Russian fighters?
01[13:36] {@Threei}  actually, one version floating around is that the real target was Russian plane
01[13:36] {@Threei}  to put it on Ukrainian govt forces and use as pretext for invasion
[13:51] {nemo} well, you can move your stop up
01[13:54] {@Threei}  1:2  
[13:55] {nemo} stop to .38
[13:55] {nemo} spy fas testing the gap
01[13:55] {@Threei}  .49 for me
01[13:56] {@Threei}  1:3  
[13:56] {nemo} ycan move it to .58 now below vwap
[13:56] {nemo} just to argue with you of course
[13:56] {nemo} do I hear a "Pizdah"?
01[13:56] {@Threei}  of course
01[13:56] {@Threei}  and yes
[13:57] {nemo} I think I really like razpizdiyi
[13:58] {goinshort} out vxx thanks
01[13:59] {@Threei}  :)
[13:59] {nemo} that .58 stop looking good
[14:00] {dino} gj
01[14:00] {@Threei}  1:4
[14:00] {nemo} yep...I'm sporting wood
[14:01] {RonS} out .80 +.39 full lot +.30 thanks 3i
[14:01] {RonS} .39
01[14:01] {@Threei}  yw
[14:01] {nemo} Guess I'll have to do my duty at booknight tonight
01[14:01] {@Threei}  out here too
[14:01] {RonS} you too nemo
[14:02] {nemo} what?
[14:02] {RonS} for talking stops etc...comfort level to hold et al
[14:02] {nemo} oh, your welcome
[14:02] {nemo} you're
[14:03] {nemo} finnies and spy testing the lows
[14:03] {RonS} now i feel bad about the jokes earlier...
[14:03] {RonS} :)
[14:03] {nemo} Mmmhhh...maybe I should ask UPS not to deliver the package to you Ron
[14:04] {nemo} nevermind the ticking sound
[14:04] {nemo} stop to .68
[14:06] {nemo} IWM looking possibly long
[14:06] {nemo} .40 break
[14:07] {nemo} sayonara vxx
[14:07] {nemo} IWM first target .55 ish
[14:08] {nemo} guess it depends on the width of the hair
[14:08] {nemo} touches .49 stop should be to just under entry
[14:08] {nemo} IMO
[14:08] {nemo} and we know what that's worth
[14:10] {nemo} and of course vxx holds vwap
[14:10] {nemo} stop is breakeven on IWM
[14:14] {nemo} not being able to get through .50 is pretty bearish
[14:15] {nemo} shoulda' woulda' kept my .58 stop on vxx
01[15:02] {@Threei} Long Setup:  VXX  .80 break
01[15:02] {@Threei}  If holds  .70 
01[15:08] {@Threei}  Invalidated  
[15:15] {dino} took all day, but out data .53, +.41
01[15:17] {@Threei}  nice
[15:21] {dino} ty
[15:40] {dino} calling it a day, gn all
01[15:41] {@Threei}  take care dino
01[15:41] {@Threei}  can't see a confident play for the close, everything is 50/50
01[15:46] {@Threei}  VXX was last scalp... oh well
01[15:46] {@Threei}  thank you all, jave a good evening
01[15:46] {@Threei}  see you tomorrowq