Friday, September 26, 2014

Sept 26 2014

Mix of stops and wins, ending slightly negative. Very jerky action whole week


Session Start: Fri Sep 26 00:00:00 2014

01[09:04] {@Threei}  dino :)
[09:18] {nemo} SSO not shortable again
[09:18] {troub} good morning
01[09:18] {@Threei}  troub :)
[09:20] {RonS} jns lit up the shorts for $50-60 mil this am...gm btw
01[09:20] {@Threei}  ron :)
01[09:22] {@Threei}  Upside:
01[09:22] {@Threei}  -JNS +41% (Bill Gross joining the firm from PIMCO)
01[09:22] {@Threei}  -DGLY +18% (received order for FirstVu HD Body Camera from the US MPs)
01[09:22] {@Threei}  -NKE +10% (earnings)
01[09:22] {@Threei}  -RPRX +9.4% (reportedly granted Type B pre-NDA meeting with the FDA - expects to file NDA for Androxal by year-end)
01[09:22] {@Threei}  -AGIO +7% (presenting data from AGO-120 Phase 1 study at EORTC-NCI-AACR 2014)
01[09:22] {@Threei}  -MU +7% (earnings, guidance)
01[09:22] {@Threei}  Downside:
01[09:22] {@Threei}  -ACRX -15% (update on Zalviso, to resubmit NDA in '15 Q1)
01[09:22] {@Threei}  -FINL -10% (earnings)
01[09:22] {@Threei}  -POWL -9% (lowered guidance)
[09:23] {jfjf64} morning all
01[09:23] {@Threei}  jf :)
01[09:24] {@Threei}  MU interesting
01[09:24] {@Threei}  now and then was a nice player last months
[09:29] {RonS} freakin hclp...
01[09:31] {@Threei} Short Setup: MU  .90 break
01[09:31] {@Threei}  If holds  34
01[09:32] {@Threei}  1:1
01[09:33] {@Threei}  1:2
01[09:33] {@Threei}  1:3
01[09:33] {@Threei}  out
[09:34] {jfjf64} nice
[09:35] {dino} ron, hclp definition of pulp
01[09:35] {@Threei} Long Setup:  IWM  .55 break
01[09:35] {@Threei}  If holds  .45
01[09:36] {@Threei}  .60 break is main idea, aggressive entry
01[09:37] {@Threei}  stop to .49
[09:37] {nemo} short MU again?
01[09:37] {@Threei}  no clear setup yet
01[09:38] {@Threei}  meh
[09:41] {dino} pcrx sm l .97
01[09:41] {@Threei} Short Setup: CCL  .50 break
01[09:41] {@Threei}  If holds  .60
[09:41] {dino} out pcrx .39, +.42
01[09:42] {@Threei}  wtg
[09:42] {dino} ty
[09:43] {dino} phk l .38
01[09:44] {@Threei}  stop .56
01[09:45] {@Threei}  1 cent from 1:1
01[09:46] {@Threei} Long Setup:  MU  34 break
01[09:46] {@Threei}  If holds  .90
01[09:47] {@Threei}  valid
01[09:48] {@Threei}  meh CCL
01[09:48] {@Threei}  Invalidated  MU  but on radar
[09:48] {nemo} short
[09:48] {dino} out phk .52, +.14
01[09:48] {@Threei}  if it ever consolidates and breaks, should set real fireworks
[09:49] {nemo} I think MU is done
01[09:50] {@Threei}  now
01[09:51] {@Threei}  no
[09:51] {nemo} goodnight
[09:53] {nemo} if MU gets back to vwap, look to short
[09:55] {jfjf64} vwap?
[09:55] {nemo} 33.85
[09:56] {RonS} agio rip
[09:57] {dino} pcrx sm l .32
[09:58] {dino} out pcrx .45, +1.13
[09:59] {troub} 'great job dino
[09:59] {dino} ty
[10:00] {dino} markets saying, "giddy-up"
[10:02] {nemo} small number in universe today likely
01[10:06] {@Threei} Short Setup: GLD  .70 break
01[10:06] {@Threei}  If holds  .80
01[10:12] {@Threei}  1:1
[10:27] {nemo} MU can't get out of it's own way
01[10:35] {@Threei}  narrow day
[10:35] {nemo} not really a surprise
01[10:36] {@Threei}  see, that's the advantage of altzheimer... everything is surprize
[10:52] {dino} things died
01[10:54] {@Threei}  [CNET] Ticks higher on circulation of presentation slide suggesting a relationship with Alibaba's Taobao using its Micro-Sell 360 product [CNET had previously indicated it was in discussion with BABA about this]
[10:57] {dino} pcrx sm l ave .64
01[11:01] {@Threei} Long Setup:  MU  .65 break
01[11:01] {@Threei}  If holds  .55
[11:04] {dino} out pcrx .09, +.45
01[11:04] {@Threei}  nice
[11:04] {dino} screwed up, had .40s
[11:04] {dino} gut said it would go higher, no go
[11:05] {dino} damn, now it goes
[11:07] {jfjf64} common mu
01[11:07] {@Threei}  lol... ASUS plays off a bendgate: https://scontent-b-sea.xx.fbcdn.net/hphotos-xpa1/v/t1.0-9/10689796_777744435602290_5629448275334396310_n.jpg?oh=1dd04d50a209931965b0cfa149458181&oe=548F538B
06[11:19] * @Threei installs a pillow between his chin and a keyboard
[11:22] {RonS} kors falling into a volume gap
[11:22] {nemo} 70.80ish next support
06[11:24] * @Threei dangles a carrot at .75 for MU
[11:24] {_sebab} lol that may have worked
01[11:24] {@Threei}  it likes carrot... who knew
01[11:25] {@Threei}  half out
01[11:25] {@Threei}  1:1 close enough
01[11:25] {@Threei}  stop .64
[11:29] {RonS} 3i, from you fave automaker:  http://www.infinitiusa.com/sedan/q70l/experience/for-those-with-drive?dcp=oin.111182434.&dcc=0.284733802&dcn=1
01[11:30] {@Threei}  420-hp
01[11:31] {@Threei}  I am not a big fan of sedans though
01[11:35] {@Threei} Long Setup:  VXX  .05 break
01[11:36] {@Threei}  If holds  .95
01[11:50] {@Threei}  no go
[12:05] {nemo} VXX
[12:08] {dino} pcrx sm l .61
[12:12] {RonS} lol...The next iPhone to be made from lidquid metal ala Terminator
[12:15] {dino} out pcrx .04, +.43
[12:16] {nemo} yhoo
[12:16] {nemo} wtf
01[12:16] {@Threei}  news
[12:16] {dino} upgrade at nooon
[12:16] {dino} noon
01[12:17] {@Threei}  [YHOO] Starboard Delivers Letter to CEO and Board of Yahoo, Suggests AOL would be a good merger partner for Yahoo Starboard believes that unlocking the substantial value from Yahoo's non-core minority equity stakes in Alibaba Group and Yahoo Japan in a structure that delivers value directly to Yahoo shareholders in a tax-efficient manner.
[12:17] {dino} starboard value, says clearly undervalued
[12:17] {nemo} short it
01[12:17] {@Threei}  Starboard Value LP announced it has acquired a significant ownership stake in Yahoo
[12:18] {dino} sm s .52
[12:18] {dino} lol talking their book
[12:47] {jfjf64} hello
01[12:47] {@Threei}  hey jf
[12:47] {jfjf64} hey
[12:47] {jfjf64} my platform got locked up
[12:48] {jfjf64} not letting me sigm bk in
[12:48] {jfjf64} trying to get in touch with support
[12:48] {RonS} re-boot the computer
[12:48] {jfjf64} logix
[12:48] {jfjf64} tried
[12:48] {jfjf64} shut down
[12:48] {jfjf64} will try again
01[12:49] {@Threei}  does it show any pop-up warning?
[12:54] {jfjf64} tried re booting again no go
[12:54] {jfjf64} error
01[12:54] {@Threei}  does it show any pop-up warning?
[12:54] {jfjf64} already logged in
[12:54] {jfjf64} weird
01[12:54] {@Threei}  ghost
[12:54] {jfjf64} yeah
01[12:55] {@Threei}  gotta contact them to clear it
[12:55] {jfjf64} lol
[12:55] {jfjf64} yes
01[12:55] {@Threei}  no, that's actual term
01[12:55] {@Threei}  happens sometimes with the room as well
01[12:55] {@Threei}  you disconnect, but server doeasn't see it
[12:55] {jfjf64} ghost
01[12:55] {@Threei}  so unless I kick out ghost, you can't reconnect
[13:05] {dino} taking a little break
01[13:09] {@Threei}  frikin MU
01[13:16] {@Threei} Long Setup:  IWM  .60 break
01[13:16] {@Threei}  If holds  .50
[13:25] {RonS} Air Berlin cancels $5 billion order of Boeing 787 Dreamliners: http://bloom.bg/Zg7ZgH
[13:54] {jfjf64} anyone use tradingview
[13:55] {jfjf64} chart service
[13:56] {jfjf64} guess im talkin to ghost
[13:56] {jfjf64} let me log out
01[13:56] {@Threei}  ?
[13:57] {nemo} no
[13:58] {nemo} seen it though
[13:59] {jfjf64} hey
[13:59] {RonS} hey jf
[13:59] {jfjf64} my computer whacky today
[13:59] {jfjf64} hey ron
01[14:00] {@Threei}  {JF's computer} my owner today is... ummm, nevermind, here he is
[14:00] {dino} cov yhoo flat
[14:00] {jfjf64} maybe
[14:02] {nemo} this is serious spy volume
01[14:03] {@Threei}  crap... wanted SPY .20 break, and decided I better wait for pullback entry
[14:04] {nemo} probably want the 50 day overhead
[14:04] {nemo} .80ish
01[14:14] {@Threei} Long Setup:  VXX  .40 break
01[14:14] {@Threei}  If holds  .30
[14:16] {dino} out vxx puts from yesterday afternoon, +.31/16%
01[14:16] {@Threei}  Invalidated
[14:16] {nemo} we're above the 50 day, question is do they want to close out day above 198
[14:17] {dino} gut say yes
[14:17] {nemo} me 2
01[14:17] {@Threei}  very much so
01[14:17] {@Threei}  one more pullback, then rally into close
[14:18] {nemo} look spy volume and just going higher
[14:18] {dino} btfd
[14:19] {dino} happening about every 6 weeks, drops of 3.5-4%, buy them
[14:30] {nemo} FAS SPY bullflagging
01[14:30] {@Threei} Long Setup:  VXX  .20 break
01[14:30] {@Threei}  If holds  .10
[14:30] {nemo} bears bending over
[14:30] {nemo} grabbing ankles
[14:31] {nemo} gritting teeth
[14:31] {nemo} was that too graphic?
[14:31] {jfjf64} offended
01[14:31] {@Threei}  one was killed yesterday around here... :(
01[14:32] {@Threei}  wandered in school vicinity
[14:33] {RonS} prob there for a month all alone...
01[14:35] {@Threei}  lol
[14:35] {nemo} would have been poetic if a bear ate ese
[14:35] {nemo} the russian bear eats the communist
[14:36] {jfjf64} bears getting it
[14:36] {dino} have to leave early, thx all, have good weekend
[14:36] {jfjf64} enjoy
[14:37] {RonS} cya dino
01[14:37] {@Threei}  take care dino
[14:51] {nemo} VXX
01[14:52] {@Threei} Long Setup:  VXX  .10 break
[14:52] {nemo} .10 break probably
01[14:52] {@Threei}  If holds  29
[14:53] {nemo} hell, I was only giving it to .04
[14:54] {nemo} I think it moves on it's own now into the close
01[14:54] {@Threei}  half out
01[14:55] {@Threei}  1:1
[14:55] {nemo} frickin algo's dick with you ever .10
[14:56] {nemo} spy probably bounces 198
[14:57] {nemo} stop to .15
01[15:21] {@Threei} Long Setup:  SPY  .10 break
01[15:22] {@Threei}  If holds  198
01[15:24] {@Threei}  come on SPY, time for eod skyrocketing
[15:24] {nemo} think they just hold it above 198
[15:24] {nemo} well between here and high
01[15:26] {@Threei}  should iksploud and hit close to .50
01[15:26] {@Threei}  hmmm... I might have misspelled that "hit"
01[15:29] {@Threei}  held by fingertips
01[15:33] {@Threei}  grrr
01[15:33] {@Threei}  out
01[15:36] {@Threei} Short Setup: CAT  .35 break
01[15:36] {@Threei}  If holds  .45
01[15:36] {@Threei}  last trade
01[15:38] {@Threei}  Invalidated
01[15:41] {@Threei}  valid again
01[15:41] {@Threei}  same setup
01[15:45] {@Threei}  not an easy week, eh
01[15:45] {@Threei}  a lot of jerky moves and rinses
[15:47] {nemo} here's spy test of the 50
[15:47] {nemo} bounced right off it
01[15:47] {@Threei}  come on CAT, give us last win
01[15:48] {@Threei}  lose that .30 and die
01[15:55] {@Threei}  covering
01[15:55] {@Threei}  +1 cent
01[15:55] {@Threei}  hooray
01[15:55] {@Threei}  lol
[15:55] {nemo} nice to close out on a winning trade
01[15:55] {@Threei}  hehe
[15:55] {nemo} oops...commission, ecn fees, sec fees...nevermind
01[15:58] {@Threei}  SPY daily... double top...
01[15:58] {@Threei}  but hits lower envelope
01[15:59] {@Threei}  so... next week will be interesting
[15:59] {nemo} cya
01[15:59] {@Threei}  thank you all
01[15:59] {@Threei}  have a good weekend
01[16:00] {@Threei}  see you Monday
01[16:00] {@Threei}  for hopefully nice juicy drop