Session Start: Mon Sep 15 00:00:01 2014
[09:00] {RonS} gm...avnr...what happens w/ 16 mil sh short
01[09:00] {@Threei} morning ron
01[09:02] {@Threei} [AVNR] Reports positive phase II trial results for AVP-923 in treatment of agitation in patients with Alzheimer's Disease
[09:02] {RonS} alcohol doesn't work?
01[09:03] {@Threei} weird eh?
[09:08] {dino} gm
01[09:08] {@Threei} dino :)
[09:18] {troub} good morning
01[09:18] {@Threei} troub :)
[09:19] {dino} cool, the athm calls sold after i left friday, +.50/10%
01[09:19] {@Threei} nice
[09:26] {ese} mornin ladies and gents....just poppin quick before hitin the picket line at 7:30 here
01[09:26] {@Threei} hey ese
[09:26] {ese} poppin in
[09:26] {ese} hey vad.....
[09:26] {ese} hows the mrkt
01[09:26] {@Threei} will this crap ever end
[09:27] {ese} who knows
[09:27] {ese} it's not affecting Christy Clarks kids though......they go to private school of which the govt funds 50%
[09:30] {RonS} if it's like Denver 80% of the student body would be kids of public school teachers...
[09:32] {ese} yup pretty much.....about 500,000 kids
01[09:32] {@Threei} Long Setup: FB .90 break
[09:32] {ese} in bc
01[09:32] {@Threei} If holds .80
01[09:34] {@Threei} 1:2
01[09:34] {@Threei} beautiful explosion
01[09:38] {@Threei} Long Setup: IWM .80 break
01[09:38] {@Threei} If holds .70
01[09:39] {@Threei} no go
01[09:42] {@Threei} .l twtr .75 break
01[09:42] {@Threei} Long Setup: TWTR .75 break
01[09:42] {@Threei} If holds .65
01[09:45] {@Threei} ugh
[09:45] {dino} npsp working on the gap
[09:49] {RonS} wow...DEALS: ZF to buy TRW in $11.7B deal, creating No. 2 car-part maker with $41B annual sales: http://bloom.bg/1qQLJnJ
[09:55] {dino} sn gap fill, may
01[09:57] {@Threei} Long Setup: TWTR .85 break
01[09:58] {@Threei} If holds .75
01[09:59] {@Threei} what the deuce
[10:02] {dino} sn sm l .15
01[10:05] {@Threei} rinse
01[10:07] {@Threei} Long Setup: CAT 104 break
01[10:07] {@Threei} hl
01[10:07] {@Threei} If holds .90
01[10:09] {@Threei} sheesh... touched 1:1, didn't get fill
01[10:16] {@Threei} Short Setup: EBAY .15 break
01[10:16] {@Threei} If holds .25
01[10:23] {@Threei} stop to .21
[10:23] {dino} out sn ,45, +.30
01[10:23] {@Threei} wtg
01[10:23] {@Threei} 1:1
[10:24] {dino} hygs drop
01[10:36] {@Threei} Short Setup: FB .10 break
01[10:36] {@Threei} If holds .20
01[10:42] {@Threei} 1:1
01[10:42] {@Threei} 1:2
01[10:42] {@Threei} hmmm... is it not BTFD anymore?
01[10:43] {@Threei} look: bounces mostly didn't work today, except the very first one at the open... 2 shorts did
01[10:46] {@Threei} 1:3
[10:49] {dino} rcpt spike
01[11:02] {@Threei} Long Setup: VXX .15 break
01[11:02] {@Threei} If holds .05
01[11:05] {@Threei} if invalidates, probably time for bounce plays
01[11:06] {@Threei} Long Setup: TWTR .50 break
01[11:06] {@Threei} If holds .40
01[11:08] {@Threei} (UR) Ukraine separatist rebels now claim they are being attacked by the Ukraine military - press
01[11:08] {@Threei} right
01[11:10] {@Threei} half out
01[11:10] {@Threei} stop .44
01[11:12] {@Threei} to .49
[11:12] {nemo} strong and weak: http://goo.gl/mcNxm4
01[11:13] {@Threei} 1:1
01[11:19] {@Threei} wow
[11:19] {RonS} tick -900
[11:20] {nemo} when you took twtr long it was strongly weak, the short area was into resistance
[11:20] {nemo} negotiated that minefield nicely
01[11:21] {@Threei} shorts worked fine before, thought it was time to move to longs
01[11:27] {@Threei} VXX got away
01[11:27] {@Threei} for now
[11:34] {nemo} mmm iwm looks down
01[11:43] {@Threei} Long Setup: VXX .25 break
01[11:43] {@Threei} If holds .15
[11:44] {dino} rwlk crazy
[11:45] {nemo} frickin' ipo
[11:45] {nemo} those stocks on the list helping at all Ron?
[11:47] {RonS} yes...helping me not to go long...
[11:47] {nemo} watch the weak side, sometimes they tend to bounce back up to vwap and die, tells you the institutions not interested
[11:48] {RonS} got it
[11:48] {nemo} wow, strong side down to zero
[11:48] {nemo} except for cvs
[11:49] {nemo} now what's interesting...if the algo stays this red, and the indexes don't really drop over the next 20 minutes or so, that may indicate selling exhaustion
01[11:49] {@Threei} half out
[11:49] {nemo} Gotta' be careful this week though, Triple Hexen week
01[11:52] {@Threei} 1:1
[11:52] {RonS} plus one be yellen...
[11:52] {RonS} RIP Joe Sample...
01[11:53] {@Threei} 1/4 more out
[11:57] {nemo} weak stocks coming in but no strength on the green side
01[12:02] {@Threei} 1:2
01[12:04] {@Threei} just look how smooth things've become when we switched to short
[12:12] {_kikesan} hello
01[12:13] {@Threei} hi kikesan
[12:13] {_kikesan} thanks for approve my trial account
01[12:13] {@Threei} sure thing
[12:14] {_kikesan} are you trading right now?
01[12:14] {@Threei} just finished VXX long from .25
[12:15] {_kikesan} ok. i will keep here in order to see your comments
01[12:15] {@Threei} Long Setup: TWTR 50 break
01[12:15] {@Threei} If holds .90
01[12:16] {@Threei} Invalidated
01[12:17] {@Threei} valid again
01[12:17] {@Threei} looks like it's time
[12:17] {_kikesan} ok
[12:19] {_kikesan} in
01[12:20] {@Threei} no worky
[12:20] {_kikesan} out
[12:23] {_kikesan} INTC double top?
01[12:24] {@Threei} a bit too narrow for any meaningful gains
01[12:26] {@Threei} TWTR rinsed
[12:28] {nemo} for all the weakness this morning spy couldn't get below S1 on the daily
[12:29] {nemo} twtr might be a short in the .40 area
01[12:30] {@Threei} Long Setup: IWM .95 break
01[12:30] {@Threei} If holds .85
01[12:42] {@Threei} aimless floating
01[12:42] {@Threei} which usually means slow upward move
[12:43] {_kikesan} ok
01[12:44] {@Threei} time to break that 114 IWM
01[12:44] {@Threei} good boy
01[12:44] {@Threei} girl?
01[12:44] {@Threei} 1:1
[12:44] {_kikesan} wow
[12:44] {_kikesan} 1:1
[12:44] {_kikesan} thanks
01[12:44] {@Threei} know how to manage the trade, kikesan?
[12:44] {_kikesan} more or less
01[12:45] {@Threei} http://www.realitytrader.com/tradingroom/#instructions
[12:46] {_kikesan} thanks
[12:47] {_kikesan} IWM is a 2X or 3X etf?
[12:47] {_kikesan} spy is up
01[12:48] {@Threei} 1:2
01[12:48] {@Threei} it's small shares index
[12:48] {_kikesan} I am out. it is a pity lol
[12:49] {_kikesan} ok
[12:49] {_kikesan} what about GDX?
01[12:50] {@Threei} gold miners
01[12:50] {@Threei} way too narrow lately
[12:51] {nemo} iwm is 1x representation of Russell 2000
[12:52] {_kikesan} ok
[12:53] {_kikesan} Is MU ready to a long trade in your opinion?
01[12:54] {@Threei} .45 brea, yes, I'd take it
01[12:54] {@Threei} break
01[12:54] {@Threei} if stays above .35
01[12:55] {@Threei} come on IWM, give us 1:3
[12:55] {_kikesan} wow
[12:57] {_kikesan} look at FB
[12:58] {_kikesan} short if qqq down?
[12:59] {_kikesan} sorry, qqq is breaking up
01[12:59] {@Threei} most likely short... but we are in a kind of random time of the day
01[13:00] {@Threei} easy to get rinsed
[13:00] {_kikesan} ok
01[13:00] {@Threei} Long Setup: AAPL .35 break hl
01[13:01] {@Threei} If holds .25
[13:02] {_kikesan} FB short .94 if holds .15?
[13:02] {_kikesan} no. sorry again. I was looking at the 15min picture
01[13:03] {@Threei} Invalidated
[13:03] {nemo} ADBE
01[13:10] {@Threei} closed IWM in full
01[13:10] {@Threei} +.30
[13:12] {_kikesan} in FB short at .93
[13:13] {_kikesan} 1:1
01[13:14] {@Threei} good one
[13:14] {_kikesan} thanks to qqq
[13:14] {_kikesan} ;-)
[13:15] {_kikesan} I think is easier to trade aligned to the red day, isn't it?
01[13:16] {@Threei} there are segments within a day
01[13:16] {@Threei} some lend themselves to short, some to long
[13:16] {_kikesan} y'r right
01[13:16] {@Threei} you just saw IW{ 1:3 on a long side
01[13:16] {@Threei} IWM
[13:16] {_kikesan} yes
01[13:16] {@Threei} and before that we had VXX, which is short
[13:18] {_kikesan} aapl capitulation? and below bb?
[13:19] {_kikesan} maybe if spy break up, could be a chance?
[13:20] {_kikesan} but if reach 102.07
01[13:21] {@Threei} too random
01[13:21] {@Threei} don't push much now
[13:21] {_kikesan} invaid .93 jumped
[13:21] {_kikesan} ok
[13:22] {_kikesan} twtr capitulation?
[13:24] {_kikesan} the chance was in FB, but it is easy after happens, jejeje
[13:28] {_kikesan} twtr breakdown agresiv .54
[13:28] {_kikesan} 1:1
[13:29] {_kikesan} I like red days
01[13:31] {@Threei} so do we
[13:37] {_kikesan} What is happening whith TWTR today?
[13:37] {dino} nemo, i don't know what happened, but somehow i lost s1,2,3 and r1,2,3 on freestockcharts. what do i click to get them?
01[13:37] {@Threei} it's dropping
[13:39] {_kikesan} but do you think that is short smart money or fear?
01[13:39] {@Threei} I don't think, to tell yoo the truth
01[13:39] {@Threei} thinking traders lose
01[13:39] {@Threei} trading trader win
01[13:40] {@Threei} do you think you can figure it out and make money on that idea?
01[13:40] {@Threei} everyone else does
01[13:40] {@Threei} does everyone else make money?
[13:41] {_kikesan} I would like to understand better the type and the volumen to give an answer
[13:42] {_kikesan} it is amaizing. it is fear
[13:42] {dino} nemo, you here?
[13:45] {RonS} $BCS opening buyer 4566 BCS Sep14 15.0 Calls $0.30 ASK
[13:46] {dino} somebody knows something?
[13:46] {RonS} the vote? or the stuffer?
[13:51] {RonS} kors whip
[13:51] {nathan} hi gents
[13:51] {RonS} nate the great...
01[13:51] {@Threei} hey nathan
[13:51] {nathan} :-)
[13:51] {dino} ga nat
[13:52] {nathan} how was it?
01[13:52] {@Threei} not bad
[13:56] {_kikesan} twtr down and down
[13:58] {_kikesan} when do you see a capitulation in this kind of situations?
01[13:58] {@Threei} Short Setup: IWM .80 break
01[13:58] {@Threei} If holds .90
01[13:58] {@Threei} you see it when it comes... there is no definite answer
[13:58] {RonS} when the McClellan hits -80 to -100...nowhwere close here...
01[13:59] {@Threei} if it were possible to define in such simple terms, everyine would be nailing bottoms with precision of a sniper
[13:59] {_kikesan} but for instance, if you look at the TWTR volumen, it means that more likely is down, isn0t it?
01[13:59] {@Threei} we dopn't tarde like that kikesan
01[14:00] {@Threei} this is guessing
[14:00] {_kikesan} ok
01[14:00] {@Threei} we trade setups
[14:00] {dino} volume looks about average on twtr
01[14:00] {@Threei} there is setup, we take it
01[14:00] {@Threei} there is none - we wait
[14:00] {_kikesan} understood
01[14:06] {@Threei} half out
01[14:06] {@Threei} stop .81
[14:10] {nemo} what happened to TSLA
[14:11] {RonS} announced a new convertible that has a blowoff top...
[14:11] {nemo} where's the commie with his rim shot
[14:11] {RonS} hehe
[14:12] {RonS} couldn't believe he did not understand my comment about public school teachers sending their kids to private school...
[14:13] {RonS} re-read it three times...thinking, is thsi not clear?
01[14:13] {@Threei} musicians live in their own world, ron :)
01[14:14] {@Threei} marry a violinist, and it's: - What do we have for dinner today? - Nothing! - but we had nothing yesterday?/ - Right, I cooked for two days ahead
[14:15] {dino} lol
[14:16] {_kikesan} rolff
[14:24] {_kikesan} NTAP break up 0.1 if holds .96
[14:24] {nemo} you mean .01 or .10
[14:24] {_kikesan} .01
[14:25] {nemo} NSC
[14:25] {nemo} ahh late
01[14:28] {@Threei} quiote a bounce
[14:28] {_kikesan} in
[14:28] {nemo} spy never got to the morning higher hig we likely go green
[14:29] {dino} added ddd calls
[14:30] {_kikesan} should I put my stop at the entry point? jejeje
[14:30] {_kikesan} 1:1
01[14:36] {Threei} lost internet
[14:37] {_kikesan} vxx b.up .22 if holds .12??
[14:38] {dino} wbai sm l .08
[14:38] {_kikesan} invalid
01[14:39] {Threei} Long Setup: TWTR .75 break
01[14:40] {Threei} If holds .65
01[14:40] {Threei} nah
[14:40] {_kikesan} yes. and vxx again
[14:43] {nathan} short ORCL .70 break?
01[14:43] {Threei} TWTR rinse
01[14:43] {Threei} grrr
[14:43] {_kikesan} and why not long Nathan?
01[14:44] {Threei} can't tell nathan
[14:44] {nathan} or anybody
[14:45] {_kikesan} sorry, and why not long?
01[14:46] {Threei} I mean, I can;'t twll whether this is a valid trade :)
[14:46] {_kikesan} ah, ok
[14:47] {nathan} too slow
[14:48] {_kikesan} vxx in
01[14:52] {Threei} Long Setup: IWM .25 break
01[14:52] {Threei} If holds .15
[14:59] {_kikesan} I was two times close to 1:1, but dind't reach it by 0.01 :-(
[15:00] {_kikesan} what do you do in those situations? move the stop to the entry point?
01[15:01] {Threei} right under
[15:02] {_kikesan} ok
[15:03] {_kikesan} thanks
[15:03] {_kikesan} it is exciting!!
[15:03] {nathan} exciting what?
[15:04] {_kikesan} to have a lot of answer, after read his book
[15:06] {_kikesan} Techniques of Tape Reading
01[15:06] {Threei} where are you from kukesan?
[15:06] {_kikesan} Now, I can understand better somethings
01[15:06] {Threei} Europe it seems
[15:06] {_kikesan} yes. Spain
01[15:06] {Threei} hah!
01[15:06] {Threei} Nathan, your neighbourhood :)
[15:06] {nathan} not my cousin :-)
[15:07] {_kikesan} Thanks for your book
[15:07] {nathan} i'm making lot of publicity here
[15:08] {_kikesan} me too
[15:08] {nathan} everytime I can...
[15:08] {nathan} in the train, subway...
01[15:08] {Threei} so, if I come to visit Spain, I'll be greeted at the terminal by flying flowers and braless women?
[15:09] {_kikesan} you are the Richard Wyckoff of the XXI Century !!!
[15:09] {nathan} hehehehe more or less
01[15:09] {Threei} lol
01[15:10] {Threei} Long Setup: VXX .30 break
01[15:10] {Threei} If holds .20
[15:10] {_kikesan} I am in
01[15:10] {Threei} cool
[15:10] {_kikesan} at .22
01[15:11] {Threei} you have 1:1
[15:11] {_kikesan} from 20 minutes
[15:11] {_kikesan} nit yet
[15:11] {_kikesan} not yet
[15:12] {_kikesan} now
[15:12] {_kikesan} 1:1
[15:12] {_kikesan} ufff
[15:12] {_kikesan} thanks
[15:13] {troub} dino, going to dump WBAI before close?
[15:18] {dino} yes
[15:30] {_kikesan} FB b.up .75 if holds .65
[15:31] {_kikesan} invalid
01[15:32] {Threei} hopefully we see strong selloff now
[15:35] {_kikesan} orcl .75 if holds .70
[15:36] {_kikesan} is it fine for you?
01[15:37] {Threei} if market helps, might work for a scalp
01[15:38] {Threei} my sympathies are still on a short side
[15:39] {_kikesan} invalid orcl
[15:39] {dino} stop wbai .90, -.18
[15:41] {_kikesan} again orcl with trhe same setup
[15:42] {_kikesan} just in case SPY helps
[15:42] {_kikesan} let see
[15:42] {nemo} Dino DCC!
01[15:43] {Threei} ok SPY
01[15:43] {Threei} break down and die
[15:44] {_kikesan} yes
01[15:49] {Threei} time's pressing
01[15:50] {Threei} SPY's dropping
01[15:50] {Threei} VXX's rising
[15:50] {nemo} VWAP likely
01[15:50] {Threei} my typing's improving
01[15:50] {Threei} nemo's puking
01[15:50] {Threei} 1:1
[15:50] {nemo} puked on keyboard
01[15:50] {Threei} hehe
[15:50] {nemo} was just typing that
[15:50] {_kikesan} definitively I prefer in between hours
01[15:51] {Threei} you have 1:2, kikesan
01[15:51] {Threei} we finally got our selloff
[15:51] {_kikesan} ??
[15:51] {_kikesan} ahhh
01[15:51] {Threei} on VXX
01[15:55] {Threei} ik guys, closing the balance of VXX
01[15:55] {Threei} saved by the bell
[15:55] {_kikesan} you where right. invalid orcl. the last trade was short
01[15:55] {Threei} thank you all, have a good evening
01[15:56] {Threei} see you tomorrow
[15:56] {nathan} u too
[15:56] {_kikesan} see you tomorrow. thanks
[15:57] {_kikesan} bye
[15:58] {dino} gn all
