Wednesday, September 10, 2014

Sept 10 2014

Another nice day with a few strong trades in the morning and couple small stops later on.


Session Start: Tue Sep 09 16:10:26 2014
Session Ident: #discussions
02[16:10] * Attempting to rejoin channel #discussions
03[16:10] * Rejoined channel #discussions
03[16:10] * Retrieving #discussions modes...
Session Time: Wed Sep 10 00:00:00 2014
[09:03] {dino} gm 3 i
01[09:03] {@Threei}  morning dino
[09:19] {RonS} gm...strike update?
01[09:20] {@Threei}  ron :)
01[09:20] {@Threei}  no end still in sight although temperature reaches hysterics
01[09:21] {@Threei}  union demand binding arbitration... govt refuses
[09:22] {RonS} no school then?  boy, if i was in high school i would be pissed...
01[09:23] {@Threei}  grade 12 is not just pissed, they are white mad
01[09:23] {@Threei}  they risk losing a chance for colleges
01[09:23] {@Threei}  they demonstrate today under the banner "we are here, where are you?"
[09:25] {dino} what a mess, these kids will miss out on scholarships, admissions to college, and delays in their lives
01[09:25] {@Threei}  yeah
[09:27] {dino} funny thing is, i do not get a raise unless i earn it. no striking by the self-employed
01[09:27] {@Threei}  that's what they totally ignore... being on public dime, these demands look ridiculous
01[09:31] {@Threei}  Upside:
01[09:31] {@Threei}  -PIP +30% (contract announcement)
01[09:31] {@Threei}  -CAMT +15% (r'cvd new orders valued at $3M from one of the world's largest OSATs)
01[09:31] {@Threei}  -NPSP +15% (FDA staff posts briefing notes for NATPARA)
01[09:31] {@Threei}  -MNDL +13% (revised guidance)
01[09:31] {@Threei}  -DRL +16% (asset sale proceeds of approx. $423M)
01[09:31] {@Threei}  -OTIV +10% (AAPL presentation)
01[09:31] {@Threei}  Downside:
01[09:31] {@Threei}  -AU -12% (announced corp. restructuring, $1.2B rights offering)
01[09:31] {@Threei}  -GTAT -8% (post AAPL presentation)
01[09:31] {@Threei}  -WBAI -7.7% (momentum)
01[09:31] {@Threei}  -KKD -3.6% (earnings)
[09:32] {RonS} le +12% earnings squeeze
01[09:33] {@Threei} Long Setup:  IWM  .25 break
01[09:34] {@Threei}  If holds  .15
01[09:35] {@Threei}  1:1
01[09:35] {@Threei}  1:2
[09:42] {RonS} Alibaba.....Reuters report indicates that Alibaba has received enough to cover its entire IPO after just 2 days of its roadshow
01[09:44] {@Threei} Long Setup:  IWM  .05 break
01[09:44] {@Threei}  If holds  .95
01[09:45] {@Threei}  stop to .99
01[09:46] {@Threei}  1:2
01[09:46] {@Threei}  1:1
01[09:46] {@Threei}  1:2
01[09:46] {@Threei}  lol
01[09:56] {@Threei}  BCTF president Jim Iker said the teachers’ demand is “very affordable. It’s $3 a day per student, over a five-year term.”
[09:58] {RonS} why stop there?..."it's only 12.5 cents per hour per student over a 43800 hour term..."
[09:59] {dino} fire them all
01[09:59] {@Threei}  standard salesmen trick
01[09:59] {@Threei}  break donw numbers so they look smaller
[10:00] {RonS} no kidding... reduction to the ridiculous... only when you throw in the actual number of students and add on the bennies it is a whole lot of money
[10:00] {dino} mmi drop
[10:00] {dino} vad,.....i demand a raise of $3/room member/day
01[10:01] {@Threei}  and that's whewn they change the song to "this is our kids, you don't want to spend on our future"'
01[10:01] {@Threei}  hehe
[10:04] {dino} mmi smr l .27
[10:04] {dino} thinny
01[10:05] {@Threei} Short Setup: FB  .70 break
01[10:05] {@Threei}  If holds  .80
01[10:06] {@Threei}  1:1
[10:07] {dino} athm calls added
[10:10] {dino} vc spike
01[10:12] {@Threei}  VC Reportedly said to be evaluating options for its Electronics segment - finacnail press
01[10:17] {@Threei} Long Setup:  IWM  .95 break
01[10:17] {@Threei}  If holds  .90
01[10:19] {@Threei}  meh
[10:25] {RonS} DB Buyer 4895 DB Sep14 34.0 Calls $1.35
01[10:25] {@Threei} Long Setup:  EBAY  .70 break
01[10:26] {@Threei}  oops
01[10:26] {@Threei}  late
01[10:26] {@Threei}  in on pullback
01[10:26] {@Threei}  If holds  .60
01[10:28] {@Threei}  stop to .64
01[10:28] {@Threei}  half out
01[10:28] {@Threei}  close enough to 1:1
01[10:30] {@Threei}  1:1
[10:31] {dino} true drop
01[10:33] {@Threei}  1:2
01[10:40] {@Threei}  1:3
01[10:40] {@Threei}  out
[10:41] {RonS} a beaut...thanks 3i
01[10:41] {@Threei}  :)
01[10:42] {@Threei}  ugh, too soon
01[10:45] {@Threei}  Prince Edward and his wife Sophie - the Earl and Countess of Wessex - arrive in Victoria Friday
01[10:45] {@Threei}  I can hobknob with royalty?
01[10:53] {@Threei}  troub!
[10:53] {troub} good morrning
01[10:53] {@Threei}  hi
01[10:53] {@Threei}  missed two great days...
[10:54] {troub} figures.  had to take care of some volunteer work. Paid in smiles and thanks.
[10:56] {dino} pcyc spike
[10:57] {RonS} $3 bil govt contract
[10:58] {dino} vsm s pcyc .74
[11:06] {dino} cov pcyc 125.24, +1.50
[11:06] {RonS} gj
[11:06] {dino} ty
01[11:07] {@Threei}  wtg
[11:09] {dino} vnet drop
[11:10] {dino} fraud?
[11:11] {RonS} dino vnet oustanding 3 mil sh...taded +6 mil today and yesterday...imo not a good sign...
[11:11] {dino} fraud comments
01[11:13] {@Threei}  looks bad
[11:14] {dino} halt
01[11:16] {@Threei} Long Setup:  IWM  115 break
01[11:16] {@Threei}  If holds  .90
01[11:19] {@Threei}  VNET is bak to (going out of) business
01[11:23] {@Threei}  stop to .94
01[11:27] {@Threei}  snow continues to fall in Calgary
01[11:27] {@Threei}  lol... man
01[11:27] {@Threei}  they call it Snowtember now
01[11:29] {@Threei}  1:1
01[11:30] {@Threei}  if not that one 6 cents stop earlier, I'd call myself "unstoppable" today and Ron would have puked
[11:30] {dino} ]\lol
01[11:31] {@Threei}  but this is 5th win for the day, and most of them were 1:3 and 1:2
[11:38] {dino} taunting the trading god
01[11:38] {@Threei}  :)
01[11:38] {@Threei}  1:2
01[11:38] {@Threei}  they are asleep
01[11:39] {@Threei}  or they would have smacked this one
[11:40] {dino} prxl spike
[11:40] {RonS} see nothing
01[11:42] {@Threei}  nor I
[11:43] {dino} rcpt spike
01[11:56] {@Threei}  (SY) Reportedly President Obama to request authorization to arm moderate Syria rebels in fight against ISIS - press - Congressional Republicans are said to be opposed to the idea.***Note that Obama will address the nation tonight to lay out his strategy for combatting ISIS in Iraq and Syria
01[12:08] {@Threei}  lol... Victoria folks at their best. Quickly combined images of Calgary and Victoria, and posted with cheecky comment "sending some love to our dear snow-bound friends" https://scontent-a-sea.xx.fbcdn.net/hphotos-xpa1/v/t1.0-9/10653736_10152692704058442_6643759927337695357_n.jpg?oh=e9f1bc68f168d942da859881b656fc73&oe=5499CABB
[12:16] {RonS} r&r?  Poroshenko: Russia has withdrawn more than two-thirds of its troops from Ukraine: http://bloom.bg/1xGZdqX
01[12:16] {@Threei}  that's very wierd statement
01[12:17] {@Threei}  most of the sources indicated increase of troops and weapons near Mariupol
01[12:18] {@Threei}  not sure what kind of gambit is being played
[12:21] {cosmo} How does Winnipeg compare this year?
01[12:21] {@Threei}  at least no wnow yet, lol
[12:22] {cosmo} to cold for it
01[12:22] {@Threei}  this is freak snow storm in Calgary... proximity of mountains makes weather very unstable there, although this is totally overboard
[12:23] {cosmo} anomolies everywhere
[12:29] {Raven} anomalies ?
[12:31] {RonS} ya, if nemo comes back and is nice will seal the proof...
01[12:32] {@Threei}  lol
[12:43] {dino} calling it a day, tee time in 45
01[12:53] {@Threei} Short Setup: GLD  .80 break
01[12:53] {@Threei}  If holds  .90
01[13:02] {@Threei}  half out
01[13:02] {@Threei}  stop to .86
01[13:26] {@Threei}  Ukrainian President Petro Poroshenko has been invited to address a joint meeting of the U.S. Congress
01[13:26] {@Threei}  why not, before country gets dismantled
01[13:30] {@Threei}  to .81
01[13:49] {@Threei}  [VNET] Muddy Waters (Carson Block) not short the company and would be unlikely to look at the company further analysis
01[13:50] {@Threei}  be back in 30
[14:11] {nathan} whats up gents!
01[14:12] {@Threei}  hey nathan
01[14:12] {@Threei}  another great day here
[14:13] {nathan} :-)
[14:13] {nathan} how many 1:3?
01[14:13] {@Threei}  a few
01[14:13] {@Threei}  and 1:2
[14:13] {nathan} talking serious?
01[14:13] {@Threei}  and 1 budget-crashing stop of 6 cents
01[14:13] {@Threei}  yes
[14:14] {nathan} nice week so far huh
01[14:16] {@Threei}  yup
01[14:23] {@Threei} Long Setup:  IWM  .65 break
01[14:23] {@Threei}  If holds  .55
[14:30] {nathan} it takes its time...
01[14:31] {@Threei}  what's your hurry
01[14:31] {@Threei}  everything happens in good time
01[14:31] {@Threei}  let things mature and develop
[14:32] {nathan} yeah no hurries...
[14:32] {nathan} why run?
01[14:32] {@Threei}  we need SPY to break .90 and march to 200
01[14:33] {@Threei}  if it loses .80, trade is not likely to work
[14:33] {nathan} out
01[14:33] {@Threei}  yeah
01[14:34] {@Threei}  first full size stop today
[14:34] {nathan} let's look for another
01[14:55] {@Threei} Long Setup:  FB  .88 break
01[14:55] {@Threei}  If holds  .80
01[14:55] {@Threei}  Invalidated
01[15:13] {@Threei} Long Setup:  FB  .90 break
01[15:13] {@Threei}  If holds  .80
01[15:21] {@Threei}  another invalidation
01[15:24] {@Threei} Long Setup:  IWM  .75 break
01[15:24] {@Threei}  last shot
01[15:24] {@Threei}  If holds  .65
01[15:43] {@Threei}  time's pressing, let's trail to .69
01[15:44] {@Threei}  meh
[15:44] {RonS} Nathan's fault...
01[15:44] {@Threei}  totally
01[15:44] {@Threei}  and nemo
[15:44] {RonS} ..or Nemo's, can't figure which...
01[15:44] {@Threei}  both
01[15:44] {@Threei}  it's easier
01[15:45] {@Threei}  let them sort it out between themselves
01[15:46] {@Threei}  OK guys, thank you all
01[15:46] {@Threei}  have a good evening, see you tomorrow