Session Time: Tue Sep 23 00:00:00 2014
[09:17] {troub} good morning
01[09:18] {@Threei} troub :)
[09:19] {jfjf64} morning all
01[09:19] {@Threei} jf :)
01[09:23] {@Threei} Upside:
01[09:23] {@Threei} -RWLK +11% (announced reimbursement coverage by major German insurance company)
01[09:23] {@Threei} -TKMR +8.5% (joined int'l consortium to conduct Ebola trials)
01[09:23] {@Threei} -SLXP +6.6% (reports that AGN in advanced talks to acquire the company)
01[09:23] {@Threei} -CF +5% (confirmed merger of equals talks with Yara International)
01[09:23] {@Threei} -HLF +3.3% (Carl Icahn has not sold any of his position - from Fox's Gasparino)
01[09:23] {@Threei} Downside:
01[09:23] {@Threei} -ASNA -11% (earnings)
01[09:23] {@Threei} -KMX -6.3% (earnings)
01[09:23] {@Threei} -AZN -5.1% (new inversion rules)
01[09:23] {@Threei} -ABBV -4.9% (new inversion rules)
01[09:23] {@Threei} -XLRN -4% (no patients being enrolled in second part of dalantercept monotherapy trial for ovarian cancer)
01[09:23] {@Threei} -SHPG -4% (new inversion rules)
01[09:23] {@Threei} -MDT -3.8% (new inversion rules)
01[09:23] {@Threei} -SNN -3.3% (new inversion rules)
01[09:32] {@Threei} Short Setup: FB .20 break hl
01[09:32] {@Threei} Invalidated
01[09:32] {@Threei} Short Setup: FB .30 break hl
01[09:32] {@Threei} Invalidated
01[09:34] {@Threei} Short Setup: TWTR .50 break hl
01[09:34] {@Threei} ugh... too sat
01[09:34] {@Threei} fast
01[09:34] {@Threei} teleported
01[09:34] {@Threei} so did FB
[09:35] {nemo} ADBE
01[09:36] {@Threei} Short Setup: YHOO .30 break
01[09:36] {@Threei} If holds .40
[09:36] {nemo} this thing trading off BABA
[09:37] {RonS} baba loo'd
[09:38] {nemo} problem is underwriters will be supporting BABA for a couple of weeks
01[09:38] {@Threei} 1:1
01[09:43] {@Threei} Long Setup: TWTR .50 break
01[09:43] {@Threei} If holds .40
01[09:45] {@Threei} *(US) SEPT PRELIMINARY MARKIT MANUFACTURING PMI: 57.9 V 58.0E -
01[09:45] {@Threei} no go
01[09:46] {@Threei} Long Setup: ADBE .45 break
01[09:47] {@Threei} If holds .35
01[09:48] {@Threei} TWTR rinse
01[09:50] {@Threei} let's tighten ADBR to .39
01[09:50] {@Threei} not liking this stall
01[09:51] {@Threei} sheesh TWTR
01[09:51] {@Threei} why did you do that
01[09:52] {@Threei} (US) Preview: Sept Richmond Fed Manufacturing Index expected at 10:00 ET (14:00 GMT) - Consensus expectations: 10e v 12 prior
[09:54] {nemo} day likely to be rangebound after last couple of days of selling
01[09:56] {@Threei} 1:1 ADBE close enough
01[09:56] {@Threei} half out
01[09:59] {@Threei} *(US) SEPT RICHMOND FED MANUFACTURING INDEX: 14 V 10E
01[10:02] {@Threei} Long Setup: WMT .90 break
01[10:02] {@Threei} If holds .80
01[10:04] {@Threei} 1:2 ADBE
01[10:04] {@Threei} crawled to second target, lol
01[10:09] {@Threei} Invalidated WMT
[10:10] {jfjf64} took it
01[10:11] {@Threei} ?
01[10:11] {@Threei} took what?
[10:12] {jfjf64} wmt
01[10:12] {@Threei} it never triggered
[10:12] {_sebab} it went to .92 after you posted
01[10:13] {@Threei} what the deuce
01[10:13] {@Threei} never saw any break over .90
01[10:13] {@Threei} something wrong with my quotes?
[10:14] {jfjf64} check it
[10:14] {jfjf64} maybe dirty glasses
01[10:15] {@Threei} anyone else?
01[10:15] {@Threei} no prints above .90 on the chart either
01[10:21] {@Threei} Long Setup: RIG .60 break
01[10:21] {@Threei} If holds .50
01[10:21] {@Threei} 1:3 ADBE
01[10:22] {@Threei} out in full
[10:29] {jfjf64} spy killin us
01[10:30] {@Threei} I don't see RIG connected to SPY much
[10:31] {jfjf64} common baby
[10:38] {nemo} ADBE
[10:39] {nemo} it held this down swing
[10:39] {jfjf64} yes
01[10:39] {@Threei} might have more in it
[10:40] {nemo} need spy to stop falling
01[10:40] {@Threei} no go RIG
01[10:42] {@Threei} Short Setup: CAT .80 break
01[10:42] {@Threei} If holds .90
01[10:44] {@Threei} Invalidated
01[10:49] {@Threei} Long Setup: YHOO .70 break
01[10:50] {@Threei} If holds .60
01[10:52] {@Threei} [GLMD] Announces FDA Approval of Fast Track Designation of Aramchol for the Treatment of NASH Announced today that the U.S. Food and Drug Administration, or the FDA, approved its request for Fast Track Designation of its product candidate, aramchol, for the treatment of Non-Alcoholic Steato-Hepatitis, or NASH. -
01[10:52] {@Threei} stop to .64
01[10:53] {@Threei} meh
01[11:03] {@Threei} wtf
01[11:03] {@Threei} another rinse
[11:06] {jfjf64} cat
01[11:06] {@Threei} Long Setup: IWM .15 break
01[11:06] {@Threei} If holds .05
01[11:10] {@Threei} grrr
01[11:10] {@Threei} hate today
[11:13] {jfjf64} cat
[11:13] {jfjf64} I re entered .80
01[11:13] {@Threei} covered yet?
[11:14] {jfjf64} 1/4
[11:14] {jfjf64} left
01[11:14] {@Threei} ok
01[11:14] {@Threei} what do you mean RE-entered?? did it trigger first time??
01[11:14] {@Threei} if yes, then I do have some problem with quotes
01[11:15] {@Threei} anyone?
[11:15] {_sebab} cat no trigger here first time
01[11:15] {@Threei} ok... whew
[11:15] {jfjf64} no here either
01[11:16] {@Threei} thought of grabbing baseball bat and going to lunch with broker
[11:16] {jfjf64} lol
[11:18] {jfjf64} fb high /day
01[11:25] {@Threei} European indices were broadly weaker this morning, dragging down US futures and setting up for a third consecutive session of equity losses in New York. Indices ran back into positive territory in the first hour of trading, however they have dropped right back into the red mid morning.
01[11:25] {@Threei} With Congress unlikely to act on tax reform anytime soon, the Treasury has changed the way it interprets tax law in an attempt to unilaterally make inversions "substantially less appealing."
01[11:36] {@Threei} Long Setup: IWM .30 break
01[11:37] {@Threei} If holds .20
01[11:37] {@Threei} this just has to be trend change and market going positive
[11:37] {nemo} gonna' be a range day
01[11:37] {@Threei} doesn't feel this way to me
01[11:38] {@Threei} feels like bear slaughter coming
01[11:39] {@Threei} 1:1
[11:45] {jfjf64} fb machine
[11:55] {nemo} DDD have news?
[11:56] {RonS} piper thinks they got an unexpected 6-8 mil order from gm...
01[11:56] {@Threei} DDD Hearing strength attributed to Piper Jaffray comments indicating the company could have been awarded a contract valued at up to $8M by GM
[11:56] {RonS} ...guessing they want to speed up productivity and print defects faster...
[11:57] {nemo} AAPL looks long but not breakout time
01[12:08] {@Threei} Short Setup: FB .85 break
01[12:08] {@Threei} If holds .95
01[12:10] {@Threei} two-sided
[12:14] {_sebab} short trigger there?
[12:14] {_sebab} nevermind
01[12:16] {@Threei} yes
[12:19] {RonS} Ray Rice domestic abuse scandal sends ‘terrible message’ to youth, Education Secretary Arne Duncan...oh, you mean the demographic that conducts "the knockout game"?
[12:26] {_sebab} sad game
01[12:26] {@Threei} 1:1
01[12:26] {@Threei} no kidding... game of disgusting imbeciles
01[12:43] {@Threei} no clear plays at the moment, waiting
02[12:48] * Disconnected
Session Close: Tue Sep 23 12:48:23 2014
Session Start: Tue Sep 23 12:48:23 2014
Session Ident: #discussions
02[12:58] * Attempting to rejoin channel #discussions
03[12:58] * Rejoined channel #discussions
03[12:58] * Retrieving #discussions modes...
01[13:01] {@Threei} server hiccup
01[13:04] {@Threei} the rest of the gang is in the coma?
01[13:05] {@Threei} Long Setup: VXX 29 break
01[13:05] {@Threei} If holds .90
[13:07] {_pamsv} :)
01[13:13] {@Threei} 1:1
01[13:13] {@Threei} sheesh... guys can't connect still? server is up and running
01[13:17] {@Threei} (US) President Obama: Govt will issue new emissions target in the early part of next year - UN climate summit
[13:31] {nemo} things looking down
[13:33] {nemo} well, nope
01[13:33] {@Threei} no
01[13:33] {@Threei} something kept SPY from further crash
01[13:33] {@Threei} too bad, hoped to get more than scalp from VXX
[13:33] {nemo} spy and the finnies tested their lows
[13:38] {nemo} finnies not bouncing much nor iwm
[13:48] {nemo} finnies letting go
01[14:12] {@Threei} Long Setup: IWM .45 break
01[14:12] {@Threei} If holds .35
01[14:19] {@Threei} come on market, reversal time
[14:20] {nemo} SPY wants 198
01[14:20] {@Threei} I have this feeling it won't
01[14:21] {@Threei} this is spring coiling
[14:21] {nemo} cue Ron
02[14:23] * Disconnected
Session Close: Tue Sep 23 14:23:27 2014
Session Start: Tue Sep 23 14:23:27 2014
Session Ident: #discussions
02[14:26] * Attempting to rejoin channel #discussions
03[14:26] * Rejoined channel #discussions
01[14:27] {@Threei} frikin server
01[14:27] {@Threei} what's with this instability today
01[14:28] {@Threei} and IWM too
01[14:28] {@Threei} look at this rinse
01[14:28] {@Threei} hate this kinf of days
01[14:28] {@Threei} idea is right, entries get rinsed
03[14:29] * Retrieving #discussions modes...
01[14:40] {@Threei} Long Setup: IWM .40 break
01[14:40] {@Threei} If holds .30
01[14:40] {@Threei} this just has to be it
01[14:41] {@Threei} agree nemo?
[14:42] {_sebab} lol
[14:43] {_sebab} not yet
01[14:43] {@Threei} if triggered, would have been
01[14:43] {@Threei} now will have to form new setup
[14:43] {nemo} no algo...takes nothing to push the indexes down
01[14:43] {@Threei} see, all setups are conditional
01[14:44] {@Threei} IF this and this happens, that and that is likely to follow
[14:48] {nemo} no volume coming in anywhere, easy to push spy under 198
[14:48] {nemo} who is gonna' buy now?
01[14:52] {@Threei} see who?
[14:54] {nemo} we might just get a puke into the close
[14:54] {nemo} got spy 50 day down around .80
01[14:56] {@Threei} this 198 -.20 range will decide probably
01[14:57] {@Threei} break of 198 can trigger a crash easily
01[15:00] {@Threei} up...
01[15:00] {@Threei} ok, waiting for pullback for a good entry
[15:00] {nemo} not today
01[15:01] {@Threei} that same frikin .40 was
01[15:01] {@Threei} grr
01[15:06] {@Threei} Long Setup: IWM .45 break
01[15:06] {@Threei} If holds .35
[15:09] {_sebab} ok to use TNA?
01[15:09] {@Threei} yes, it's just a tad more volatile
01[15:09] {@Threei} so adjust shares accordingly
[15:09] {_sebab} thanks
[15:10] {nemo} yeah, 3 times
01[15:14] {@Threei} ok... let's do mountain drive, IWM
01[15:14] {@Threei} .70 - .80 easy
01[15:17] {@Threei} 1:2
[15:18] {nemo} you mean 1:1?
01[15:18] {@Threei} yes
01[15:18] {@Threei} 1:1
01[15:18] {@Threei} I am practicing :)
[15:18] {nemo} puke time
[15:18] {_sebab} practice 1:5
[15:18] {_sebab} :)
[15:19] {nemo} you Sebulba's cousin?
[15:19] {_sebab} i hope nemo wrong
[15:20] {nemo} finnies on lows, other indexes look bear flaggish
[15:23] {nemo} oh shit, forgot about the dividend in SPY Friday morning
01[15:23] {@Threei} IWM looks to me like driving toward .70, at least
[15:23] {nemo} spy is actually .90 higher
[15:24] {_sebab} the trade stopped at .45 recross?
[15:24] {_sebab} just double check
01[15:25] {@Threei} I held it'it was such a quick touch and immediate bounce, I don't sell in such cases
01[15:25] {@Threei} 1:2
[15:25] {_sebab} ok. too bad i did
01[15:26] {@Threei} it's a discretionary decision
01[15:26] {@Threei} don't get ipset much, discipline is not something to regret
[15:26] {_sebab} im ok :)
01[15:32] {@Threei} can't say I am happy with today
01[15:32] {@Threei} too many rinses
01[15:37] {@Threei} here is .705
01[15:37] {@Threei} .75
01[15:37] {@Threei} 1:3
[15:38] {_sebab} good job
01[15:38] {@Threei} ty... just wish it was cleaner
01[15:39] {@Threei} a bit too jerky, no nice smooth easy to read and utilize action
[15:39] {_sebab} maybe tomorrow
01[15:39] {@Threei} should get to 1:4
01[15:39] {@Threei} 15:14] {@Threei} .70 - .80 easy
[15:45] {_sebab} ty see you
01[15:53] {@Threei} thank you all
01[15:53] {@Threei} have a good evening, see you tomorrow
