Wednesday, September 24, 2014

Sept 24 2014

Clean reversal setup on X, and that's after 1:4 on FB and 1:3 on CCL. Day worth waking up for


With a few more wins after that, ended up being one of the best days in September.


Session Time: Wed Sep 24 00:00:00 2014

[09:04] {dino} gm
01[09:04] {@Threei}  dino!
[09:04] {RonS} gm...all hail the beater of the little white ball...
01[09:04] {@Threei}  welcome back
01[09:04] {@Threei}  ron :)
[09:05] {dino} thx all
[09:13] {troub} good morning
01[09:13] {@Threei}  troub :)
[09:17] {jfjf64} morni all
01[09:17] {@Threei}  jf :)
01[09:17] {@Threei}  (FR) France PM Valls: ISIS has sights on entire Middle East
01[09:21] {@Threei}  fairly meek gap so far
01[09:21] {@Threei}  Upside: -LPCN +45% (positive top-line results for Phase 3 study of LPCN-1021)-MACK +20% (deal with BAX for MM-398, $100M upfront & $470M in milestones)-RITT +24% (no news seen/maybe IPO glow)-ICLD +15% (announced $24.6M in new business backlog)-GDOT +15% (GoBank checking account launches exclusively at WMT)-INO +13% (Ebola vaccine moving into human trials with GeneOne Life Science)-ACOR +8% (acquiring Civitas Therapeutics for $525M in cash)-STRZA +6% (financial press reports that the company hired investment bankers to explore sale of the company)-BBBY +5.4% (earnings & guided Q3 Rev +2.8-3.7% y/y; SSS +2-3%)
01[09:22] {@Threei}  Downside:-ECTE -75% (liquidity concerns; company lacks ability to fund operations past 9/30)-ATOS -50% (FDA has issued a determination that the ForeCYTE Breast Aspirator is "not substantially equivalent" to its predicate device)-GTI -20% (cuts FY14 EBITDA, improves new initiatives on cost structures to improve profitability)-KBH -6.3% (earnings)-AIR -5% (earnings)-SDLP -5.4% (offering 8M units)
01[09:25] {@Threei}  FB doesn't follow even this little gap... watching for possible short
01[09:30] {@Threei} Short Setup: FB  .30 break hl
01[09:30] {@Threei}  If holds  .40
01[09:31] {@Threei}  1:1
[09:31] {_sebab} quick scalp ty
01[09:31] {@Threei}  1:2
01[09:31] {@Threei}  yw
01[09:31] {@Threei}  nice when they make advance warning
01[09:31] {@Threei}  1:3
01[09:31] {@Threei}  1:4
01[09:32] {@Threei}  I am so out
[09:32] {dino} gj
01[09:32] {@Threei}  ty
[09:32] {nemo} sometimes I regret not trading the first 15 minutes
[09:32] {RonS} SKX industry data out.. SportsScan.. Big neg
[09:33] {nemo} we're due for a bounce or hold in a small range day
[09:34] {nathan} gm gents
01[09:34] {@Threei}  nathan :)
01[09:35] {@Threei}  man... couldn't you come in 5 min earlier?
[09:35] {nathan} i'd love too
[09:35] {nathan} you did a 1:4?
01[09:35] {@Threei}  yes
[09:35] {nathan} glad to hear
[09:35] {nathan} :-)
[09:36] {nathan} now another one
01[09:36] {@Threei}  CCL on radar for pullback entry
01[09:37] {@Threei}  IWM too
[09:37] {nemo} It's Wednesday, where's that slouch Dino
01[09:38] {@Threei}  lift your eyes a few lines
[09:38] {nemo} oh.....nevermind
01[09:38] {@Threei}  CCL, no pullback
01[09:41] {@Threei} Short Setup: CCL  41 break
01[09:41] {@Threei}  If holds  .05
01[09:41] {@Threei} Long Setup:  IWM  .30 break
01[09:41] {@Threei}  If holds  .20
[09:42] {dino} lol
01[09:43] {@Threei}  1:1  CCL
[09:43] {nathan} thx 3i!
01[09:43] {@Threei}  yw
[09:44] {dino} added some athm calls
[09:48] {jfjf64} ya still in ccl
01[09:49] {@Threei}  half
[09:49] {jfjf64} k
[09:49] {jfjf64} me too
[09:49] {jfjf64} stop?
01[09:49] {@Threei}  41.01
[09:49] {jfjf64} 41
[09:49] {jfjf64} k
01[09:50] {@Threei}  let's trail to .96
01[09:51] {@Threei}  1/4 more out .82
01[09:51] {@Threei}  to .91
[09:54] {dino} athm sm l .40
01[09:54] {@Threei}  TWTR...
01[09:55] {@Threei}  CCL baby
01[09:55] {@Threei}  give us 1:3
[09:56] {jfjf64} die ccl
01[09:56] {@Threei}  1:3
01[09:57] {@Threei}  me out
[09:57] {_sebab} gj
01[09:57] {@Threei}  me happy
[09:57] {nathan} nice great job!
[09:57] {_pamsv} nice one
01[09:57] {@Threei}  too bad TWTR exploded without us
[09:57] {nemo} X week
01[09:57] {@Threei}  as if someone inserted a fuse in its backside
[09:57] {nemo} weak
[09:58] {dino} evhc drop
[09:58] {jfjf64} gjob ccl
01[09:58] {@Threei}  ty
[09:58] {jfjf64} you've done this before
01[09:58] {@Threei}  couple times
01[09:58] {@Threei}  still learning though
[09:58] {nemo} who X really having troubles
[09:58] {jfjf64} meetoo
[09:58] {nemo} whoa
01[09:59] {@Threei}  don't see any fresh news on X
01[09:59] {@Threei}  *(US) AUG NEW HOME SALES: 504K V 430KE
[10:03] {_sebab} X going for gap fill?
[10:03] {nemo} yeah, likely
01[10:04] {@Threei}  bounce should be close
01[10:04] {@Threei}  one more leg down
[10:05] {nemo} BBBY break higher
[10:06] {nemo} gap fill 67.90ish
01[10:07] {@Threei}  ugh
[10:07] {nathan} wow TWTR
01[10:07] {@Threei}  missed TWTR double top short
[10:08] {nathan} i did it :-)
01[10:08] {@Threei}  thing just goes through trigger levels too fast, no chance to form setup
01[10:08] {@Threei}  good job
[10:08] {nathan} done for today
[10:08] {dino} gj
[10:08] {nathan} dont want to spoil the day
[10:08] {nathan} cya tomorrow
01[10:08] {@Threei}  had you come 5 min earlier, you would be done for the week
01[10:08] {@Threei}  take care :)
[10:09] {nathan} take guys
[10:09] {nathan} care
[10:09] {jfjf64} x
01[10:10] {@Threei}  one more sharp drop
01[10:10] {@Threei}  and I get interested
[10:10] {dino} me too
[10:10] {jfjf64} mee too
[10:10] {dino} 41.70s
01[10:14] {@Threei} Long Setup:  X  .45 break
01[10:14] {@Threei}  If holds  .35
[10:14] {dino} yeah, not going to get the fill
01[10:15] {@Threei}  change to .40 break
01[10:15] {@Threei}  If holds  .30
01[10:18] {@Threei}  touched 1:1, no fill
01[10:19] {@Threei}  stop to .34
01[10:20] {@Threei}  1:1
01[10:20] {@Threei}  by the book from here
01[10:22] {@Threei}  1:2
[10:22] {dino} x sm l .50
01[10:26] {@Threei}  1:3
01[10:26] {@Threei}  me out
[10:27] {jfjf64} wonderful
[10:27] {jfjf64} trade
[10:27] {dino} gj
01[10:27] {@Threei}  ty
[10:27] {jfjf64} seems like done before
[10:28] {jfjf64} gjob
[10:29] {jfjf64} what made ya think wasn't gonna get fill
[10:29] {dino} out x .80, +.30
[10:29] {jfjf64} nice
[10:37] {nemo} things getting quiet quickly
01[10:38] {@Threei}  visual: http://tradinglog.realitytrader.com/2014/09/sept-24-2014.html
[10:59] {nemo} X working to the gap
[11:24] {nemo} Roshashana effect here
01[11:28] {@Threei} Long Setup:  VXX  .65 break
01[11:28] {@Threei}  If holds  .60
01[11:29] {@Threei}  picking safe plays
01[11:30] {@Threei}  nah
[11:30] {nemo} volume gonna drop off this afternoon we'll float up
01[12:08] {@Threei}  US equity trading has been choppy this morning, after the SPY futures tested their 50-day moving average after cash close yesterday. The S&P500 briefly tumbled below key technical level 1980 this morning, and has since bounced higher
[12:24] {nemo} ADBE
01[12:56] {@Threei} Short Setup: CCL  .80 break
01[12:56] {@Threei}  If holds  .90
01[13:08] {@Threei}  nope
01[13:08] {@Threei}  profit reservation procedure is in order
01[13:09] {@Threei}  http://blog.realitytrader.com/2011/10/profit-how-do-you-handle-it.html
[13:12] {dino} mtn drop
[13:13] {RonS} ski run?
[13:13] {dino} lol
02[13:51] * Disconnected
Session Close: Wed Sep 24 13:51:42 2014

Session Start: Wed Sep 24 13:51:42 2014
Session Ident: #discussions
02[14:01] * Attempting to rejoin channel #discussions
03[14:01] * Rejoined channel #discussions
03[14:02] * Retrieving #discussions modes...
[14:09] {troub} .
01[14:09] {@Threei}  your internet is ok guys? a lot of sites went down around here
[14:10] {troub} I was off.
[14:10] {_sebab} ok here
01[14:10] {@Threei}  not just room server... news wire, skype, some websites
01[14:10] {@Threei}  like there is a large scale outage
01[14:15] {@Threei} Long Setup:  IWM  .70 break
01[14:15] {@Threei}  If holds  .60
[14:18] {RonS} lol...  Woman Worried Student Loans Could Prevent Her From One Day Owning Entirely Different Kind Of Crippling Debt http://onion.com/1quWLKl
01[14:19] {@Threei}  hmm?
01[14:20] {@Threei}  ah, theonion
01[14:21] {@Threei}  crap, I need to look at the name of the site before wondering... :)
[14:21] {RonS} lol...was gonna say would let nemo explain it to you...
01[14:26] {@Threei}  1:1
[14:27] {_sebab} used TNA ty threei
01[14:27] {@Threei}  :)
01[14:27] {@Threei}  do you find corresponding levels on TNA or just use IWM trigger as timing signal?
[14:27] {_sebab} the latter
01[14:28] {@Threei}  got it
[14:28] {nemo} spy is actuall 200.27 because of the dividend
01[14:29] {@Threei}  1:2
[14:36] {_sebab} cant get feed for CYBR. anybody?
[14:39] {nemo} seller 42 X
01[14:40] {@Threei}  fresh IPO?
01[14:41] {@Threei}  no quotes here eother
[14:41] {nemo} I do
[14:41] {nemo} lots
[14:41] {nemo} 26.60
[14:45] {nemo} wow sso not shortable today
[15:09] {_sebab} FB ascending triangle
01[15:18] {@Threei}  missed another 1:2, jf
01[15:18] {@Threei} Long Setup:  FB  .50 break
01[15:18] {@Threei}  If holds  .40
01[15:23] {@Threei}  1:1
[15:27] {_sebab} one more push above .63
06[15:27] * @Threei kicks FB in the rear
01[15:27] {@Threei}  like this?
[15:27] {_sebab} yeah :)
06[15:28] * @Threei kicks FB in the rear with heavy duty steel toe army boots
[15:33] {_sebab} almost
01[15:33] {@Threei}  did I mix up rear and front?...
[15:34] {nemo} spy hit .70, that's likely the top in the indexes
[15:34] {_sebab} that could be bad in other situations...
[15:35] {_sebab} nemo how you see CYBR quote?
[15:35] {nemo} 27.3
[15:36] {_sebab} broker i mean, sry
[15:36] {nemo} Nonko
[15:43] {jfjf64} what did I miss
[15:43] {jfjf64} after ya posted chart of x thought ya closed up shop
01[15:43] {@Threei}  [14:15] {@Threei} Long Setup: IWM .70 break
01[15:43] {@Threei}  [14:15] {@Threei} If holds .60
01[15:43] {@Threei}  1:2er
[15:44] {jfjf64} great day
[15:44] {jfjf64} ty
01[15:44] {@Threei}  i don't close shop without saying bye first :)
01[15:44] {@Threei}  because I am polite... unlile nemo
[15:45] {jfjf64} my quick bite to eat turned into liquid lunch
01[15:45] {@Threei}  ah
01[15:45] {@Threei}  lol
[15:45] {_sebab} chron's disease?
01[15:52] {@Threei}  ok guys, thank you all
01[15:53] {@Threei}  have a great evening
01[15:53] {@Threei}  see you tomorrow
[15:53] {_sebab} ty threei good day
[15:53] {jfjf64} ty
01[15:53] {@Threei}  :)