Thursday, September 25, 2014

Sept 25 2014

Back and forth day, ending slightly positive. Shaky start, but repaired it and then some in later trades.


Session Time: Thu Sep 25 00:00:00 2014
03[01:32] * Retrieving #discussions modes...
[09:01] {dino} gm 3i
01[09:01] {@Threei}  dino :)
[09:08] {RonS} hello dudes...nemo posted a good one..."it's rosh hashana and i got nothing to shofar it..."
01[09:08] {@Threei}  ron :)
01[09:09] {@Threei}  on twitter?
[09:09] {RonS} yes
01[09:09] {@Threei}  been a good while since I looked in there...
01[09:09] {@Threei}  can't stand it endlessly scrolling river
01[09:09] {@Threei}  its
[09:10] {RonS} for some reason mine doesn't scroll...have to re-load it...probably better that way...
01[09:10] {@Threei}  yes, same here
[09:16] {nathan} morning gents
01[09:16] {@Threei}  nathan :)
[09:22] {RonS} pretty funny...Samsung came with an ad: "Bend to those who are worthy" ...showing the new iphone genuflecting before an upright galaxy
[09:22] {nathan} :-D
[09:23] {troub} Good morning
01[09:23] {@Threei}  troub :)
01[09:23] {@Threei}  lol ron
01[09:26] {@Threei}  Upside:
01[09:26] {@Threei}  -LPDX +63% (being acquired by LH for $5.25/shr)
01[09:26] {@Threei}  -AIXG +13% (wins tool order from San'an Optoelectronics in China; positive broker comments)
01[09:26] {@Threei}  -MHR +12% (momentum from production numbers reported ATC 9/24)
01[09:26] {@Threei}  -CYBR 9% (IPO momentum)
01[09:26] {@Threei}  -SKX +8% (statement in response to Buckingham Research note, company says Q3 retail comps to show positive growth)
01[09:26] {@Threei}  -HAWK/HAWKB +6% (acquiring Parago Inc. for $290M cash; sees as meaningfully accretive in 2015)
01[09:26] {@Threei}  -JBL +4.7% (earnings)
01[09:26] {@Threei}  Downside:
01[09:26] {@Threei}  -FUL -16% (earnings)
01[09:26] {@Threei}  -CREG -10% (no news seen)
01[09:26] {@Threei}  -PCRX -8% (received FDA warning letter regarding promotional materials on Exparel)
01[09:31] {@Threei} Long Setup:  FB  .50 break
01[09:31] {@Threei}  If holds  .45
01[09:31] {@Threei}  no go
01[09:32] {@Threei} Long Setup:  IWM  .55 break
01[09:32] {@Threei}  1:1
01[09:35] {@Threei}  1:2
[09:42] {jfjf64} mornin
01[09:43] {@Threei}  jf :)
01[09:43] {@Threei} Long Setup:  FB  .40 break hl
01[09:43] {@Threei}  If holds  .30
01[09:44] {@Threei}  meh
01[09:45] {@Threei}  *(US) SEPT PRELIMINARY MARKIT SERVICES PMI: 58.5 V 59.2E; COMPOSITE PMI: 58.8 V 59.7 PRIOR \
[09:45] {dino} pcrx sm l .00
[09:45] {nemo} fb .35 break
[09:46] {nemo} good luck
[09:46] {dino} out pcrx .76, +.76
01[09:46] {@Threei}  wtg
[09:46] {dino} ty. pulp
[09:50] {nemo}  360-639-672
01[09:50] {@Threei} Long Setup:  CCL  .05 break
[09:51] {_sebab} call nemo for a good time
01[09:51] {@Threei}  lol
[09:52] {nemo} that ticking package at your door sebab...just ignore it
[09:52] {_sebab} :)
01[09:52] {@Threei}  If holds  41
01[09:52] {@Threei}  (RU) Russia parliament drafting law allowing govt to seize foreign assets in Russia in response to "illegal sanctions"
01[09:54] {@Threei}  meh
[09:55] {jfjf64} watchin x
[09:56] {nemo} short was .90
01[09:56] {@Threei} Long Setup:  FB  78 break
01[09:56] {@Threei}  If holds  .90
[09:56] {dino} pcrx sm l .68
01[09:56] {@Threei}  1:1
[09:57] {dino} stopped .33 -.35
01[09:58] {@Threei} Long Setup:  IWM  .90 break
01[09:59] {@Threei}  If holds  .80
01[10:00] {@Threei}  Invalidated
[10:00] {jfjf64} x one more leg down
[10:00] {nemo} x .60ish
01[10:00] {@Threei}  yeah, watching that one
[10:01] {jfjf64} our entry yest
[10:01] {jfjf64} .80
[10:03] {dino} pcrx sm l .03
[10:04] {dino} x gap fill
[10:04] {nemo} @.41 dino
[10:04] {dino} crayon
[10:05] {dino} :)
[10:05] {nemo} magic marker
01[10:06] {@Threei} Long Setup:  AIG  .55 break
01[10:06] {@Threei}  If holds  .45
[10:06] {nemo} BBBY
[10:07] {dino} out pcrx .61, +.58
01[10:14] {@Threei}  stop .49
[10:15] {dino} hclp hl l .44
[10:16] {nemo} TWTR
[10:19] {nemo} aapl dying
[10:19] {nemo} dow stocks toast
[10:20] {dino} stopped crzo .40 -.04
[10:21] {dino} not crzo, hclp
[10:21] {nemo} spy below yesterday's lows
[10:21] {dino} hclp working that june gap 51 area
[10:21] {jfjf64} short day
[10:22] {jfjf64} x getting hit
[10:22] {dino} theres nemos gap
[10:24] {nemo} .75 a level on BBBY
[10:25] {RonS} tick bouncing
[10:28] {RonS} from -sub1000 to now +330
[10:29] {RonS} back to -335  stopping now...it's all over the place...
[10:30] {nemo} see what happens when the Jews aren't trading
[10:30] {jfjf64} lol
01[10:38] {@Threei} Long Setup:  X  .50 break
01[10:38] {@Threei}  If holds  .40
01[10:43] {@Threei}  nop
[10:43] {dino} pcrx sm l .00
[10:44] {jfjf64} liquid lunch
[10:45] {dino} crzo sm l .90
01[10:46] {@Threei}  misread market this morning
01[10:46] {@Threei}  was in buy the dip mode, which is off today
[10:46] {ese} ing ladies and gents......hopfully will be back next week.....smoked under at work.....crap load of stuff to do the words Hurricane and tornado come to mind
[10:47] {ese} morning
[10:47] {nemo} least u can do for the raise you extorted
01[10:47] {@Threei}  hey ese
[10:47] {ese} hey vad
01[10:47] {@Threei}  at least it's over
[10:48] {ese} ya...all for not really kinda pisses me off......the elementary people voted yes to return...there in for a big surprise
[10:49] {ese} once they find out they are getting no extra help in there classrooms
01[10:49] {@Threei}  if you voted no you'd be lynched
[10:49] {ese} Ig I even hear one of them complain I will tell them to "FO"
[10:49] {ese} if
[10:50] {ese} I did vote no
[10:50] {ese} stupid spineless idiots here
[10:51] {nemo} PUKE DAY!
01[10:51] {@Threei}  frikin X
[10:53] {dino} added feye jan calls
[10:53] {ese} Anyway.....catch ya monday eh.....
[10:53] {RonS} what strike dino?
[10:54] {dino} 33
[10:55] {dino} out pcrx .45 ave +.45
[10:57] {RonS} the biggest criminal in the country:  Justice Department official confirms Attorney General Eric Holder will announce his resignation later today
01[10:58] {@Threei}  not a minute too soon
[10:58] {dino} out crzo .28, +.38
[10:59] {RonS} gj
[10:59] {dino} ty
[10:59] {nathan} you're on fire dino!
[10:59] {dino} lucky
[11:00] {nathan} lucky u!
[11:00] {nathan} ;-)
[11:00] {dino} damn hclp, was waiting at 51.20, never made it
01[11:00] {@Threei} Long Setup:  X  .50 break
01[11:00] {@Threei}  If holds  .40
[11:00] {RonS} no nathan...have seen dino go +4 to +$8 on the day...that's fire
[11:01] {nathan} hehehe
01[11:01] {@Threei}  Invalidated
01[11:03] {@Threei}  valid again
01[11:03] {@Threei}  wow
01[11:03] {@Threei}  RCMP are warning parents after a bear was spotted on the grounds of Dunsmuir School in Colwood.
01[11:03] {@Threei}  I guess he is unhappy about strike end too
[11:03] {RonS} don't feed the bear?
[11:05] {RonS} delayed reaction...lol
01[11:06] {@Threei}  this is delayed? if dino laughs at my jokes within 30 min, I consider myself lucky
01[11:07] {@Threei}  then again... I consider myself lucky if anyone laughs at them at all
01[11:07] {@Threei}  still valid, X
01[11:08] {@Threei}  let's do it X
01[11:08] {@Threei}  take that offer
01[11:09] {@Threei}  and iksplode
[11:09] {dino} lol
01[11:10] {@Threei}  see?
01[11:12] {@Threei}  well X... mark that spot finally
01[11:13] {@Threei}  clear potential for 1:4 - 1:5
01[11:14] {@Threei}  Participants are scrambling around to explain this morning's sharp sell-off, citing a range of the usual excuses such as September volatility, hedge funds blowing up, liquidation of big institutional positions, violation of key technical levels and various geopolitical developments
01[11:14] {@Threei}  Some have even trotted out the old saw "sell on Rosh Hashanah, buy on Yom Kippur."
01[11:14] {@Threei}  With risk assets in freefall, there is no bigger safe haven this morning than the US Dollar
01[11:15] {@Threei}  remember my refrain "USD is about to become king again?"
[11:15] {RonS} some even quoting nemo?
[11:15] {nemo} X two way
01[11:15] {@Threei}  can you imagine the depth of desperation?
[11:15] {nemo} Gold is real money
01[11:15] {@Threei}  sound too
[11:16] {RonS} so 3 way = XXX?
01[11:16] {@Threei}  rofl
[11:16] {nemo} not bad Ron,,,need ese's "RIM" shot
[11:16] {RonS} oof
01[11:16] {@Threei}  I nominate this as best line of the day
[11:16] {nemo} no, mine was if you got it
[11:17] {dino} per drop
[11:19] {nemo} alot of hidden sells in X @ .50
[11:22] {dino} athm drop
01[11:24] {@Threei}  yes
01[11:24] {@Threei}  that's why when they are finally done it should eeksplode
01[11:25] {@Threei}  like blown up by accumulated pressure lid
01[11:25] {@Threei}  or broken dam
01[11:26] {@Threei}  now?
[11:26] {nemo} it's gonna pop if it goes
[11:26] {nemo} see
01[11:26] {@Threei}  popping it is
[11:26] {nemo} missed, my order was .52
01[11:27] {@Threei}  1:1
01[11:29] {@Threei}  1:2
[11:31] {nemo} BBBY not going up in this
01[11:33] {@Threei}  closed balance on a trail
01[11:35] {@Threei}  rinsed balance
01[11:35] {@Threei}  case against discipline :)
[11:35] {nemo} short X here
[11:37] {_sebab} out x .75 full ty
[11:37] {dino} sn hl l .46
[11:43] {RonS} silly but read the comments:  http://www.theonion.com/articles/foodshaming-fork-vibrates-when-users-dont-pause-be,37011/?utm_source=Twitter&utm_medium=SocialMarketing&utm_campaign=Default:1:Default
01[11:44] {@Threei}  yw
01[12:05] {@Threei}  watching X for the last rinse and long from under .30
01[12:16] {@Threei} Long Setup:  VXX  .10 break
01[12:16] {@Threei}  If holds  30
01[12:19] {@Threei}  1:1
[12:20] {nathan} thx 3i
01[12:20] {@Threei}  yw
01[12:21] {@Threei}  Ron, my favorite is “I’ll just buy two so I can switch back and forth.”
[12:22] {nathan} SWFT
[12:25] {jfjf64} go baby
01[12:25] {@Threei}  1:2
01[12:25] {@Threei}  love the panic
[12:25] {_sebab} i like you style threei
[12:25] {jfjf64} sto[p where
[12:25] {jfjf64} ??
01[12:25] {@Threei}  market in panic mode is my favorite
01[12:26] {@Threei}  .19 jf... what's with you, forgot tha basics?? :)
01[12:26] {@Threei}  thanks sebab... (I have style?)
[12:26] {_sebab} lol. holding for more than 1:3?
01[12:27] {@Threei}  no
01[12:27] {@Threei}  1:3 will be enough
[12:27] {_sebab} k ty
[12:27] {nemo} little early for capitulation
[12:28] {nathan} die SWFT
01[12:29] {@Threei}  I met a personal stylist once, asked about my style. She fainted
01[12:29] {@Threei}  1:3
01[12:29] {@Threei}  me out
[12:29] {jfjf64} great trade
01[12:30] {@Threei}  ty
[12:30] {_sebab} yes, very nice
[12:31] {nemo} I'm trailing
01[12:34] {@Threei}  1:4
01[12:34] {@Threei}  nice nemo
[12:34] {jfjf64} go nemo
[12:34] {nemo} frickin' insulting "nice" nemo...WTF!
01[12:35] {@Threei}  ummm... did I just put "nice" and "nemo" on one line?
01[12:35] {@Threei}  sorry... so sorry...
[12:35] {nemo} go drink yer Cumis
[12:35] {_sebab} the package at my door stop ticking. can i open now, nemo?
[12:36] {nemo} out .39
[12:36] {nemo} oh well
[12:36] {nemo} watch, I had just upped it from .34, wanna' bet that holds?
[12:36] {nemo} damn...let me send you a new one
[12:40] {nathan} gotta leave your 4 today
[12:40] {nathan} have fun
[12:40] {RonS} pure douche:  Obama says Ebola response needs to be "like a marathon, but run at the pace of a sprint
01[12:40] {@Threei}  take care nathan
01[12:41] {@Threei}  yesterday you left too early as we had more good ones :)
[12:41] {nemo} ebola can be cured with nuclear warheads
[12:42] {nemo} and napalm
[12:42] {nemo} love the smell of napalm in the morning
[12:42] {nemo} if market stays weak appl likely a short at 99
[12:45] {nemo} market is aapl right now
[12:50] {nemo} WDC
[13:08] {RonS} dino wcg
[13:15] {dino} hmm
[13:16] {RonS} late now...
[13:17] {dino} 07 green scroll
[13:36] {RonS} FBI Director Comey: Agency believes it has identified militant seen in beheading videos; won't release name - @ABC http://bit.ly/1rw6Xb3
[13:44] {nemo} vxx
[13:52] {dino} lod
[13:52] {jfjf64} vxx
01[13:55] {@Threei}  .25 was VXX trigger... nemo, can you be more precise next time?
01[13:55] {@Threei}  .35, sorry
[13:59] {dino} c'mon, give us a quick drop
[14:03] {dino} the naz is down close to 4% in about 5 days, that has been the buy area for about a year now
01[14:05] {@Threei}  will be s good test whether it's still the case
01[14:05] {@Threei}  my thinking is, it is
01[14:09] {@Threei} Long Setup:  IWM  .20 break
01[14:09] {@Threei}  If holds  .10
[14:09] {dino} same here 3i, still bull market
[14:11] {dino} adding vxx puts
[14:12] {nemo} IWM two way
01[14:18] {@Threei}  1:1
[14:19] {dino} qqq gap 95.50 area
[14:22] {dino} whoa, pcrx drop
[14:31] {troub} getting to be an afternoon habit
[14:31] {dino} out pcrx .64, +.64
01[14:31] {Threei}  no kidding
[14:31] {nemo} Chinese Hackers
01[14:31] {Threei}  at least quick restoration became possible
[14:31] {dino} good to hear its not just me
01[14:32] {Threei}  no
01[14:32] {Threei}  (G7) G7 issues statement on Ebola and Ukraine; condemns violations of ceasefire in Ukraine - Syria needs political transition- Russia needs to meet its commitments under the Minsk agreement- Committed to helping Ukraine rebuild its economy- Prepared to implement more sanctions on Russia- Prepared to help Ebola stricken countries and avoid isolating them
[14:32] {RonS} great...spread it around the world...
01[14:33] {Threei}  this is equality, right?
01[14:33] {Threei}  liberal heart bleeds of thought that they will suffer alone
[14:34] {nemo} anybody notice how that virus hitting kids all over the US kinda' coincided with the South American influx
[14:35] {RonS} ...while they send others into the darkness
01[14:36] {Threei}  1:2
[14:36] {nemo} that's probably it...iwm just about touched VWAP
[14:36] {nemo} why pay up today
01[14:36] {Threei}  day that looked so grim in the morning is largely fixed
[14:37] {nemo} what? did you have a mirror in front of your monitor?
01[14:37] {Threei}  "did"?
01[14:38] {Threei}  I still do... ever since sebab indocated that I have style
01[14:38] {Threei}  I am trying to discern it
[14:38] {RonS} hilarious
[14:38] {nemo} what?
01[14:38] {Threei}  wife made at least 3 derisive comments already
[14:38] {dino} no reflection in mine
01[14:38] {Threei}  one being, T-Rex had style too
[14:39] {nemo} and u see dead people Dino
[14:39] {nemo} Tommy Bolin?
[14:39] {dino} yeah, still do
[14:39] {nemo} nice talent for ancillary income
[14:40] {nemo} I make dead people
[14:40] {dino} lol
[14:40] {nemo} I'm in the soul transition field
[14:42] {nemo} Might help my father transition today...trying to get him ready for his Doctor's appointment is like herding cats!!!
[14:42] {dino} thats a tough situation
[14:42] {nemo} the slide to childhood
01[14:46] {Threei}  1:3
01[14:46] {Threei}  will try for 1:4
[14:47] {_sebab} do you wait to sell last 1/4 or split that as well?
01[14:48] {Threei}  just trailing
01[14:48] {Threei}  to under 1:2 now
[14:48] {_sebab} ok
01[14:49] {Threei}  but if you have enough shares and want to protect more of profit, split further
01[14:58] {Threei}  closed
01[15:15] {Threei} Long Setup:  FB  .45 break
01[15:15] {Threei}  If holds  .35
01[15:25] {Threei}  nah
[15:26] {dino} sn stop -.31
01[15:33] {Threei}  which way last move...
01[15:36] {Threei} Long Setup:  IWM  .30 break
01[15:36] {Threei}  If holds  .20
01[15:39] {Threei}  half out
01[15:39] {Threei}  stop .24
01[15:39] {Threei}  .29 now
01[15:43] {Threei}  run baby, run
01[15:43] {Threei}  got last direction right
01[15:43] {Threei}  want a few more cents out of it
01[15:43] {Threei}  maybe playing SPY itself was a better idea
01[15:44] {Threei}  IWM lags a bit
01[15:44] {Threei}  overall, not entirely unhappy with the day, repaired morning performance nicely
01[15:44] {Threei}  or rather, lack of such
[15:50] {dino} calling it a day, ty all
01[15:50] {Threei}  take care dino
[15:50] {dino} u2
[15:51] {_sebab} ty threei good day all
01[15:52] {Threei}  you too
01[15:52] {Threei}  thank you all, have a good evening
01[15:52] {Threei}  see you tomorrow