Session Time: Wed Sep 03 00:00:00 2014
[09:00] {dino} gm
01[09:00] {@Threei} dino :)
01[09:13] {@Threei} roulette of headlines
01[09:13] {@Threei} ageed on ceasefire - didn't agree - spoke about it - didn't speak - discussed first steps
[09:18] {RonS} howdy y'all
01[09:19] {@Threei} ron :)
[09:19] {troub} good morning
[09:19] {RonS} such a putz: Obama: 'We will not accept Russia's occupation and illegal annexation of Crimea, or any part of Ukraine'
01[09:19] {@Threei} troub :)
01[09:20] {@Threei} so they won't... find me anyone in Russia who cares {G}
[09:22] {RonS} New Canada oil pipeline already turning into Keystone 2.0: http://bloom.bg/1lFyqXb
01[09:24] {@Threei} fight is relentless
01[09:25] {@Threei} Upside:
01[09:25] {@Threei} -INFI +37% (forms strategic partnership with ABBV for Duvelisib)
01[09:25] {@Threei} -ISNS +34% (momentum)
01[09:25] {@Threei} -CNQR +8.3% (reportedly considering sale of the company & has reached out to potential buyers)
01[09:25] {@Threei} -FDML +5.5% (separating powertrain & motorparts divisions into 2 separate public companies)
01[09:25] {@Threei} -MBLY +5% (positive comments from MS)
01[09:25] {@Threei} -FLEX +5% (receives approval for additional share repurchases of up to 20% outstanding)
01[09:26] {@Threei} Downside:
01[09:26] {@Threei} -END -38% (decides not to make interest payments)
01[09:26] {@Threei} -GWRE -6.2% (earnings)
01[09:26] {@Threei} -VNCE -4.5% (earnings)
01[09:26] {@Threei} -DAL -4.5% (traffic, CFO comments at Cowen conference)
01[09:26] {@Threei} -EFC -4.5% (prices 8M common shares at $23.92/shr)
01[09:26] {@Threei} -CDW -3.1% (files 15M common stock shelf for selling holders)
[09:29] {dino} dal gap fill
[09:29] {dino} same w/gwre
[09:29] {RonS} traffic report at conference...
[09:29] {dino} and russ
01[09:32] {@Threei} Long Setup: IWM .65 break
01[09:32] {@Threei} If holds .55
01[09:33] {@Threei} Invalidated
[09:33] {nemo} bottomed at yesterday's high
01[09:37] {@Threei} Short Setup: FB .40 break
01[09:37] {@Threei} too fast
01[09:37] {@Threei} 1:1
01[09:40] {@Threei} Long Setup: VXX .95 break
01[09:40] {@Threei} If holds .90
[09:42] {dino} gwre sm s .50 bs hod
01[09:44] {@Threei} FB short gave 1:3
01[09:44] {@Threei} too bad it didn't give a chance to enter
[09:46] {nemo} TWTR
01[09:48] {@Threei} meh VXX
01[09:49] {@Threei} Long Setup: TWTR .05 break
01[09:49] {@Threei} If holds .95
[09:50] {nemo} spy iwm having trouble with vwap
01[09:51] {@Threei} 1:1
[09:53] {dino} gap and sit so far
[09:53] {nemo} coming in now
[09:55] {nemo} Draghi in the morning
01[09:56] {@Threei} Long Setup: VXX 28 break
01[09:56] {@Threei} If holds .90
01[09:56] {@Threei} let's see if we can get real breakdown
[09:58] {dino} mbly
01[09:58] {@Threei} Cramer mention
01[10:00] {@Threei} (RU) European Union issues formal statement on additional sanctions on Russia, approves additional sanctions; as expected
01[10:00] {@Threei} *(US) JULY FACTORY ORDERS: 10.5% V 11.0%E
[10:02] {dino} added mbly puts
01[10:03] {@Threei} Short Setup: TWTR .80 break
01[10:03] {@Threei} If holds .90
01[10:04] {@Threei} 1:1
[10:04] {nemo} too quick
[10:05] {dino} gwre stop -.35
01[10:08] {@Threei} 1:2
01[10:10] {@Threei} 1:3
01[10:10] {@Threei} out
01[10:13] {@Threei} Long Setup: IWM .65 break
01[10:13] {@Threei} If holds .55
01[10:24] {@Threei} Short Setup: CAT .45 break
01[10:24] {@Threei} If holds .55
01[10:25] {@Threei} Invalidated
01[10:27] {@Threei} TWTR, quite a selloff
01[10:27] {@Threei} gotta start sticking with shorts longer
01[10:28] {@Threei} Long Setup: FB .30 break
01[10:28] {@Threei} If holds .20
01[10:30] {@Threei} 1:1
01[10:35] {@Threei} 1:2
[10:35] {dino} kors sm l .12
01[10:39] {@Threei} closd last part on a trail
[10:45] {RonS} the guy is dangerous: President Obama days he wants to reduce ISIS to a "manageable problem." Somewhere, David Cameron and our allies are shaking their heads.
01[10:45] {@Threei} sigh
[10:45] {nemo} mmmhhhh....I was thinking more along the lines of a grease spot
01[10:46] {@Threei} meanwhile, there is a rift within ISIS about whether USA is manageable problem
[10:46] {RonS} lol
01[10:47] {@Threei} what a disaster the whole foreign policy is
[10:47] {RonS} what truly perlexes me is how US jews can be democrats...just cannot understand it...
[10:47] {nemo} they started the NAACP
[10:47] {RonS} so what?
[10:48] {nemo} they have a history of working against their interests
[10:48] {dino} i understand you ron, makes no sense they are dmocrats
01[10:48] {@Threei} mystery to me too
[10:49] {nemo} so...they're the chosen people?
[10:49] {nemo} damn, late on sndk
[10:49] {dino} mbly holding better than expected, may have to stomp it
[10:50] {RonS} the 3i approach?
[10:50] {dino} indeed
06[10:51] * @Threei hands dino 2x4
[10:51] {dino} ty
01[10:51] {@Threei} Long Setup: TWTR 50 break
01[10:51] {@Threei} If holds .90
01[10:59] {@Threei} Invalidated
01[10:59] {@Threei} (duh)
01[11:02] {@Threei} Teachers might vote on whether to continue strike, union said
[11:03] {dino} there are plenty of new college teacher grads looking for jobs...
01[11:04] {@Threei} fire them all
01[11:04] {@Threei} (while ese can't hear me)
01[11:06] {@Threei} beaituful... their banner says: "give us what we need so every child could succeed"
[11:10] {RonS} thinkin they didn't want to be sued...so used "could" instead of "can"...or...had ese phrase it...
01[11:11] {@Threei} lol
[11:15] {dino} lol
[11:15] {dino} kors stop -.32
[11:17] {RonS} tom petty moment...
[11:23] {RonS} Most absurd comment yet- President Obama: We Must Organize the Arab World
[11:24] {RonS} wth...thought he was the community organizer...
01[11:24] {@Threei} Arab World: oh, we can't wait to be organized by you
01[11:25] {@Threei} Short Setup: SPY .80 break
01[11:25] {@Threei} If holds .90
[11:39] {dino} rprx drop
01[11:41] {@Threei} 1:2
01[11:41] {@Threei} shorts relly work nicely
[11:42] {dino} rprx smr l .00
01[11:44] {@Threei} 1:3
01[11:44] {@Threei} closed
[11:47] {RonS} good one 3i, thanks
01[11:47] {@Threei} :)
[12:18] {dino} gj
01[12:20] {@Threei} ty
[12:22] {RonS} clf
01[12:26] {@Threei} Short Setup: TWTR .20 break
01[12:26] {@Threei} If holds .30
01[12:30] {@Threei} 1:1
[12:31] {dino} out mbly calls from earlier, +.60/+17%
01[12:33] {@Threei} wtg
[12:33] {dino} ty
[12:45] {dino} may be a mistake, but leaving rprx on with 19.60 sale order. have to hop, golf match in 45 min
01[13:10] {@Threei} FRANCE SUSPENDS DELIVERY OF WARSHIP TO RUSSIA
01[13:10] {@Threei} wow
01[13:10] {@Threei} they resisted it ever since Crimea
01[13:24] {@Threei} Short Setup: IWM .90 break
01[13:30] {@Threei} If holds 117
[13:40] {nemo} i shorted .94
01[13:41] {@Threei} 1:1
01[13:42] {@Threei} I can feel it in my bones... trading becomes easier and easier by day
[13:43] {nemo} so doesn't senility
[13:43] {nemo} but yeah, things traded cleanly yesterday
01[13:53] {@Threei} 1:2
01[14:00] {@Threei} beige book
01[14:01] {@Threei} (US) FEDERAL RESERVE BEIGE BOOK: ECONOMIC ACTIVITY EXPANDED IN ALL REGIONS; WAGE PRESSURES ARE REPORTED IN SECTORS WITH SKILL SHORTAGES Reports from the twelve Federal Reserve Districts indicated that economic activity has expanded since the previous Beige Book report; however, none of the Districts pointed to a distinct shift in the overall pace of growth.
01[14:24] {@Threei} (CA) Canada Fin Min Oliver: not seeing any bubble in housing market
[14:48] {nemo} pretty low spy volume Draghi effect
01[14:56] {@Threei} Short Setup: SPY .35 break
01[14:56] {@Threei} If holds .45
01[15:02] {@Threei} 1:1
01[15:26] {@Threei} Short Setup: SPY .40 break
01[15:26] {@Threei} If holds .50
01[15:46] {@Threei} half out
01[15:47] {@Threei} stop .41
01[15:49] {@Threei} closed
01[15:49] {@Threei} thank you all, have a good evening
[15:49] {nemo} The floor on IWM and SPY are the Weekly Pivots
01[15:49] {@Threei} see you tomorrow
