Very inactive day, with listless action. Wrestled out positive balance, that's all
Session Time: Tue Aug 12 00:00:00 2014
[08:54] {nemo} Nanu Nanu
01[08:56] {@Threei} what's that?
[08:59] {nemo} That was Robin Williams catch saying from his character on Mork and Mindy
01[08:59] {@Threei} I wasn't his fan really
[09:00] {nemo} You may be the only person on earth that wasn't
01[09:02] {@Threei} no way
[09:02] {nemo} yeah way
[09:10] {dino} gm
01[09:11] {@Threei} dino :)
[09:12] {nemo} Dino, Vad didn't like Robin Williams
[09:14] {dino} what!!!! he was the greatest
[09:15] {troub} good morning
01[09:15] {@Threei} troub :)
[09:17] {RonS} hi guys
01[09:18] {@Threei} ron :)
01[09:25] {@Threei} Upside:
01[09:25] {@Threei} -ICPT +47% (earnings, clinical trial updates, positive broker mentions & price target raises)
01[09:25] {@Threei} -INSY +15% (earnings)
01[09:25] {@Threei} -CNAT +9.5% (possible momentum from ICPT, earnings report tomorrow)
01[09:25] {@Threei} -TRAK +9.4% (earnings)
01[09:25] {@Threei} -EXAS +7.3% (drug approval)
01[09:25] {@Threei} -KATE +7.3% (earnings)
01[09:25] {@Threei} Downside:
01[09:25] {@Threei} -NIHD -56% (earnings)
01[09:25] {@Threei} -DNDN -20% (earnings)
01[09:25] {@Threei} -CALL -10% (earnings)
01[09:25] {@Threei} -NUAN -8% (earnings)
01[09:25] {@Threei} -TKMR -8% (Ebola news)
01[09:25] {@Threei} -FLO -7.6% (earnings)
01[09:25] {@Threei} -HCLP -4.9% (announces secondary pricing)
01[09:25] {@Threei} -OCN -5% (restating results)
01[09:25] {@Threei} -TCAP -4% (secondary)
[09:33] {RonS} lol...FU begins trading as FABU today
01[09:33] {@Threei} finally
01[09:33] {@Threei} always said they needed to change symbol
01[09:33] {@Threei} Long Setup: FB .25 break
01[09:34] {@Threei} If holds .15
01[09:35] {@Threei} valid still
01[09:38] {@Threei} Invalidated
01[09:44] {@Threei} Long Setup: TWTR .50 break
01[09:44] {@Threei} If holds .40
01[09:44] {@Threei} Invalidated
01[09:46] {@Threei} Long Setup: FB 73 br'eak
01[09:47] {@Threei} If holds .90
01[09:50] {@Threei} no go
01[10:03] {@Threei} TWTR... watching for aggressive entry on pullback, for .70 break
01[10:03] {@Threei} Long Setup: TWTR .60 break
01[10:03] {@Threei} If holds .50
01[10:04] {@Threei} SPY helps
01[10:04] {@Threei} 1:1
01[10:06] {@Threei} that's all?
01[10:10] {@Threei} Long Setup: VXX .60 break
01[10:10] {@Threei} If holds .60
01[10:10] {@Threei} If holds .50
01[10:11] {@Threei} 1:1
01[10:17] {@Threei} quite chaotic SPY chart so far
01[10:17] {@Threei} no pattern
[10:17] {nemo} OP EX weeks, huge number of puts at 194
01[10:18] {@Threei} rorschach spots
01[10:19] {@Threei} Long Setup: VXX .45 break
01[10:19] {@Threei} If holds .35
01[10:20] {@Threei} Invalidated
01[10:24] {@Threei} Long Setup: FB .70 break
01[10:24] {@Threei} If holds .60
01[10:28] {@Threei} ok FB, we need 1:3
01[10:30] {@Threei} grrr
[10:30] {nemo} it's trading with twtr
01[10:34] {@Threei} Short Setup: MGM .60 break
01[10:35] {@Threei} If holds .70
01[10:46] {@Threei} SPY, will you ever decide which way you want to go?
01[10:46] {@Threei} (and let it be down)
01[10:53] {@Threei} Long Setup: VXX .50 brak
01[10:53] {@Threei} break too
01[10:53] {@Threei} If holds .40
01[10:54] {@Threei} starts feeling like market wants to break down and crash
01[10:55] {@Threei} Invalidated
01[10:55] {@Threei} for now
01[11:01] {@Threei} got away
01[11:01] {@Threei} right read, no entry
01[11:01] {@Threei} anyone's even breathing?
[11:01] {RonS} volatility is volatile? shocking...
01[11:02] {@Threei} well... the way it's been last year or so with VXX, it is :)
01[11:02] {@Threei} half out MGM
[11:03] {dino} kate drop
[11:03] {dino} sm l .90
01[11:06] {@Threei} stop .61 MGM
[11:10] {RonS} lol...KATE Spade turned into David pretty quick. Wow. http://stks.co/j0w08
01[11:15] {@Threei} wow... first drops of rain in 2 months
[11:18] {RonS} unbelievable...
01[11:18] {@Threei} Long Setup: WMT .25 break
01[11:18] {@Threei} If holds .15
01[11:19] {@Threei} July-August is pretty much no-rain season here
[11:24] {RonS} kate must be selling plus sizes soon... so heavy...
[11:25] {dino} odd, blew away #s
[11:32] {dino} kate re-try sm l .76
01[11:33] {@Threei} WMT stop to .19
[11:36] {dino} stoppped again, wtf
01[11:38] {@Threei} meh
[11:39] {dino} adding kate calls
[11:43] {dino} rinsed
01[11:44] {@Threei} should be ready here...
01[11:44] {@Threei} .50 break
01[11:44] {@Threei} wow, still not
01[11:49] {@Threei} how on earth do you lose a whole tank?
01[11:50] {@Threei} Checks carried out at the Kyiv Armor Repair Plant by military prosecutors for the Ukrainian central region revealed that one T-72 tank, owned by the Defense Ministry, was missing
[11:55] {dino} kate sm l .51
[11:57] {RonS} lose a tank?...the US has lost its whole southern border...
01[11:57] {@Threei} really
01[11:58] {@Threei} well, coutry of different scales...
01[11:58] {@Threei} countries
[11:59] {RonS} http://tinyurl.com/mbz8toq
01[12:01] {@Threei} guy doesn't understand who real enemy is. He should have dressed up as Romney, they'd catch him in no time
[12:01] {RonS} rotflol...or Bush
[12:05] {RonS} wow, dino, look call option volume KATE 10k $35 calls expiry fri
[12:06] {dino} see that
[12:07] {dino} went oct 33 here
01[12:32] {@Threei} Long Setup: IWM .75 break
01[12:32] {@Threei} If holds .65
01[12:35] {@Threei} half out
01[12:36] {@Threei} 1:1
01[12:42] {@Threei} 1:2
01[12:47] {@Threei} couldn't make 1:3 but heck, with today's moves I am happy with 1:2 too
[12:50] {RonS} kate highest volume day ever now 25% of outstanding
[13:05] {nemo} VXX looks short
01[13:19] {@Threei} who pulled the rug from under gold
01[13:56] {@Threei} Long Setup: WMT .20 break
01[13:56] {@Threei} If holds .15
01[14:05] {@Threei} Long Setup: VXX .75 break
01[14:05] {@Threei} If holds .65
01[14:09] {@Threei} 1:1
[14:19] {nemo} index bounces
01[14:21] {@Threei} weak...
01[14:21] {@Threei} not convinced
[14:25] {nemo} spy and fas trying iwm falling
[14:27] {nemo} spy couldn't get through that first bear level
[14:35] {goinshort} afternoon - did you have a good morning?
01[14:35] {@Threei} hey gs
01[14:36] {@Threei} boring day, just became better with couple good trades
01[14:52] {@Threei} Long Setup: VXX .90 break
01[14:53] {@Threei} If holds .80 of course
[14:56] {nemo} I love all the side affects they talk about in drug commercials
[14:57] {nemo} just saw a 31 15/16 VXX trade
01[14:57] {@Threei} those drags start taking effect?
[14:58] {nemo} o.k. vxx long or iwm which wins out
01[14:58] {@Threei} VXX
01[15:00] {@Threei} half out
01[15:00] {@Threei} stop .84
01[15:01] {@Threei} 1:1
01[15:01] {@Threei} to .89
01[15:20] {@Threei} Long Setup: VXX .83 break
01[15:20] {@Threei} If holds .75
01[15:35] {@Threei} quiet eod
[15:48] {goinshort} cya all!
01[15:49] {@Threei} thank you all
01[15:50] {@Threei} have a good evening, see you tomorrow
