Friday, October 3, 2014

Oct 03 2014

Another strong day, albeit a bit on a slowish side. One stop, the rest are nice winners. Overall, October starts on the nice note.


Session Time: Fri Oct 03 00:00:00 2014
[09:05] {cosmo} Gold tests 1200 fwiw
01[09:06] {@Threei}  and you know how it's going to end, right?
[09:06] {cosmo} 600?
[09:06] {cosmo} not today though...hehe
01[09:06] {@Threei}  well... can't vouch for exact bottom, but neither 1200 nor 1000 are going to hold
[09:12] {RonS} howdy gents
01[09:13] {@Threei}  ron :)
[09:17] {jfjf64} morni
01[09:18] {@Threei}  jf :)
[09:19] {troub} good morning
01[09:19] {@Threei}  troub :)
[09:27] {ese} mornin
01[09:27] {@Threei}  ese :)
01[09:30] {@Threei}  Upside:-RSH +30% (momentum from speculation company reached financing agreement with group led by Standard General - halted premarket)-RMTI +15% (signed exclusive distribution agreement with BAX for $20M)-MYL +6% (raised Q3 guidance)-HALO +5.2% (FDA grants orphan drug designation for PEGylated recombinant human hyaluronidase PH20)lgcy-RECN +3.7% (earnings)
01[09:31] {@Threei}  Downside:-ADTN -5% (lowered Q3 guidance)-LGCY -5% (priced 10M share offering at $27.38/shr)
01[09:31] {@Threei} Short Setup: FB  .60 break
[09:31] {nemo} omg, they changed the LII layout according to my suggestions
01[09:31] {@Threei}  If holds  .70
01[09:31] {@Threei}  1:1
01[09:32] {@Threei}  what did they do?
[09:33] {jfjf64} take picture
[09:33] {nemo} put the high and low directly over each other so that instead of at opposite sides and on different lines of the LI information
[09:34] {nemo} makes it easy to get a sense of the range for the day
01[09:34] {@Threei}  I'd also like to see a change from yest close
01[09:34] {@Threei}  since they listen to you, please suggest that too
01[09:35] {@Threei} Short Setup: FB  .50 break
[09:35] {nemo} that was one thing that was great about DAS, incredible layout flexibility
01[09:35] {@Threei}  If holds  .60
01[09:37] {@Threei}  1:1
01[09:37] {@Threei}  1:2
[09:37] {dino} gm
01[09:37] {@Threei}  dino :)
[09:38] {nemo} spy gonna test 195
01[09:40] {@Threei} Short Setup: DAL  .20 BREAK
01[09:40] {@Threei}  If holds  .30
01[09:41] {@Threei}  change to .30 break
01[09:41] {@Threei}  If holds  .40
01[09:41] {@Threei}  Invalidated
01[09:49] {@Threei} Long Setup:  VXX  .15 break
[09:49] {ese} i'm definitely out of practise man...watching jdst.....saw what looked like a break at 18.80....did not pull the trigger.....wheres the vodka
01[09:49] {@Threei}  If holds  .05
01[09:50] {@Threei}  vodka at 6:50 am?
01[09:50] {@Threei}  come on ese, only after 7
01[09:50] {@Threei}  half out
01[09:51] {@Threei}  stop .09
01[09:51] {@Threei}  1:1
[09:51] {ese} all i had to do was 100 lousy stinkin no good fer nuttin shs just to get the nerves janglin ....sheesh!
01[09:51] {@Threei}  to .14
[09:51] {ese} lol
[09:51] {jfjf64} ty
01[09:51] {@Threei}  yw
[09:53] {dino} vodka ok ese. its 9:50 here
[09:53] {ese} lol
[09:54] {ese} done
[09:54] {nemo} EBAY
[09:55] {ese} nah....ya can't buy vodka on ebay
01[09:56] {@Threei}  what good is it then
[09:57] {ese} excellent question
[09:58] {ese} in jdst .36 sm
[09:59] {ese} lets see if it's got anything left
[09:59] {nemo} numbers
[10:00] {RonS} 1...2...3...chachacha
[10:00] {ese} lol
[10:00] {ese} perfect tune for the occasion
01[10:00] {@Threei}  10:00 *(US) SEPT ISM NON-MANUFACTURING COMPOSITE: 58.6 V 58.5E
01[10:00] {@Threei}  lol ron
[10:02] {ese} jdst stop to break even
[10:02] {ese} it's a classic free money play now
[10:02] {jfjf64} that's great
[10:03] {ese} indeed
[10:03] {ese} out .50
[10:03] {ese} +.14
[10:04] {ese} close enough for jazz
[10:05] {ese} aye laddies......tha geets tha nerves ahhhhh janglin
[10:05] {jfjf64} mkt marching
[10:05] {nemo} so doesn't coke
[10:06] {ese} lol.......well........ahhhhhhhhh ......yes it does
[10:12] {ese} alright alright.......it's up somemore........so sue me......i'm outta practise....
[10:12] {ese} a probelm thats easily correctable
[10:12] {dino} out kerx calls from few weeks ago, +.30/17%
[10:13] {nemo} lucky bastid
[10:13] {ese} says something about things to come maybe.......junior gold minor climbing ......people moving to some safety maybe
01[10:13] {@Threei} Long Setup:  FB  78 break
01[10:14] {@Threei}  If holds  .90
[10:14] {ese} lol
[10:15] {dino} imo don't over read gold today ese
[10:15] {ese} I see what your gettin at there nemo.....dino rubbin things in now......not only puts the profit up but the  PERCENTAGE!!!!!!!!!!! as well..........well I never!
[10:15] {ese} will heed that advice
01[10:21] {@Threei}  no worky
[10:38] {dino} hmm, just bought a 900 sq ft foreclosure house for $20,000. thats the lowest i've ever paid
[10:39] {nemo} nice dog house
[10:40] {dino} actually, not too bad, needs about $8k in work. should make a good rental (or flip)
[10:41] {RonS} true story...bot 1st house 1978, 900 sq ft for $85k, sold 2 yrs later for $135k, now worth $800k...San Bruno CA
[10:41] {jfjf64} wow
[10:42] {dino} closing on one 10/24, bought for 88k, 30k renovations, selling at 175
[10:42] {ese} that is a wow ron......
[10:43] {jfjf64} how long did reno tk dino
[10:43] {dino} 60 days
[10:43] {dino} listed for 90 days
[10:43] {dino} whole project 6 months
[10:44] {jfjf64} nice return
01[10:50] {@Threei} Long Setup:  FCX  .25 break
01[10:50] {@Threei}  If holds  .15
[10:53] {dino} out athm calls from 2 days ago, +.76/20%
01[10:55] {@Threei}  stop to .19
01[11:01] {@Threei}  1:1
[11:04] {jfjf64} common baby
01[11:05] {@Threei}  with whom?
[11:06] {nemo} BABA filed to offer more shares
01[11:06] {@Threei}  ok, got it... BABA has common baby with YHOO
[11:06] {jfjf64} lol
[11:07] {nemo} drinking too much grain alcohol there Vad?
[11:07] {jfjf64} I think
01[11:07] {@Threei}  oh come on... it would be funnier if you knew russian
01[11:07] {@Threei}  baba is russian for broad
[11:08] {jfjf64} in that case baba for all
[11:10] {jfjf64} common baba
01[11:11] {@Threei}  this is very bolsheviks
[11:11] {jfjf64} ?
01[11:13] {@Threei}  free love was one of the ideas of original communists of 1917
01[11:13] {@Threei}  Lenin called it glass of water theory
01[11:14] {@Threei}  where sex was as natural need as thirst and should have been just as easy to satisfy
01[11:17] {@Threei} Long Setup:  VXX  .90 break
01[11:17] {@Threei}  If holds  .80
01[11:25] {@Threei}  1:1
01[11:25] {@Threei}  a few min ago, lol
01[11:25] {@Threei}  thought I hit enter, turns out I didn't
[11:43] {RonS} rig pulp over icahn rumor
01[12:19] {@Threei} Long Setup:  IWM  .10 break
01[12:19] {@Threei}  If holds  110
[12:25] {nemo} SPY approaching double top, could be going for 196.60ish, or the gap above .70
01[12:31] {@Threei}  1:1
[12:38] {RonS} hearing Sarah Palin is sending heartfelt prayers to all the people in Ebola...
[12:40] {nemo} We should send Jane Fonda on a goodwill tour
01[12:44] {@Threei}  1:2
[12:45] {jfjf64} yikes
[12:46] {jfjf64} nice job
[12:46] {nemo} SPY kissed the gap and puked
[13:00] {dino} nemo, your gut feel, up pr down?
[13:00] {dino} or
[13:01] {dino} have some vxx puts from tuesday itm
[13:01] {nemo} vxx should go up this afternoon
[13:01] {nemo} ebola and weekend
[13:01] {dino} gut says same
[13:01] {nemo} spy might want to see about getting the stops through the gap and maybe 197 but looks weak currently
[13:02] {dino} taking them off
[13:04] {nemo} hope they took a flame thrower to that area where that guy was puking in Dallas
[13:04] {dino} no kiiding
[13:04] {dino} kidding too
[13:05] {nemo} but now it's in the sewerage system...Pandora's box has been opened
[13:06] {nemo} I love how no connection between the arrival of enterovirus afflicting kids and the influx of people from Central America seem to coincide
[13:07] {RonS} thing is attacking their spine and rendering them paralyzed...
[13:08] {dino} nasty
[13:08] {nemo} just killed a kid in Rhode Island
[13:08] {jfjf64} really
[13:09] {nemo} but we just have to bring them in and redistribute them all over the country as fast as possible
[13:09] {dino} think of all the usa mandatory vaccinations those kids never got
[13:09] {nemo} yeah, but the DEMS have to build that voter base as quickly as possible
[13:09] {jfjf64} vxx startin climb
[13:10] {dino} thats what its about nemo, you hit the nail on the head
[13:11] {nemo} better than my thumb
[13:17] {nemo} VXX probably long if it holds .55
[13:17] {nemo} you decide where you want to get in
[13:19] {nemo} IWM at VWAP likely bounce a bit
[13:20] {jfjf64} you have vwap on logix
[13:20] {jfjf64} didn't see it
[13:20] {nemo} freestockcharts.com
[13:20] {jfjf64} is it free
[13:20] {dino} yes
[13:21] {nemo} jf?  are you blonde?
[13:21] {jfjf64} will check it out
[13:21] {nemo} downes syndrome?
[13:21] {jfjf64} lol
[13:21] {nemo} FREEstockcharts.com
[13:21] {jfjf64} common all sites say free
[13:22] {nemo} there are definitely features for which you can pay, but it's amazing what you get from them for free
[13:22] {nemo} btw...they will be implementing VWAP in Logix
[13:22] {nemo} VXX basically held .55
[13:22] {jfjf64} good
[13:22] {nathan} hi all
[13:23] {nemo} hey hombre
[13:23] {nathan} :-)
[13:23] {nemo} .61 long
01[13:23] {@Threei}  hey nathan
[13:28] {nemo} I feel a rinse coming on
[13:31] {jfjf64} lk to see push down to .55 1 more time
[13:31] {jfjf64} then im with ya hombre
[13:31] {nemo} o.k. blondie
[13:31] {nathan} die SPY
[13:34] {nemo} eat my dust JF
[13:34] {jfjf64} I was just gonna cograt ya
[13:34] {nemo} stop to BE
[13:34] {nathan} yeeeah best trade of the week
[13:34] {nemo} at least the software works today
[13:35] {nathan} you're right
[13:35] {nemo} I'm thinking vwap
[13:39] {nemo} SPY should test that 196.50 area, if it can't get through, probably goes sout to VWAP
[13:43] {nemo} shit, that was supposed to be a 1:10er
[13:46] {nemo} stop held so far
[13:46] {nemo} you hop on jf?
[13:46] {nemo} I'll let you ride "bitch"
[13:46] {nemo} reminds me...
[13:46] {jfjf64} no
[13:47] {nemo} was driving on the highway once, guy on a Harley has a t-shirt that says on the back:  "If you can read this, the bitch fell off!"
[13:48] {nathan} lol
[13:48] {nemo} wow, u got that nathan.  Didn't know you understood American biker culture
[13:48] {nathan} of course dude
[13:49] {nemo} no puedo decirle
[13:49] {nathan} what?
[13:50] {nemo} No se, I wanted to say you left me speechless
[13:50] {nemo} sheesh
[13:50] {nathan} jejejeje
01[13:51] {@Threei}  ok, that's actually funny
01[13:53] {@Threei} Long Setup:  IWM  .90 break
01[13:53] {@Threei}  If holds  .80
01[14:03] {@Threei}  1:1
[14:04] {nemo} guess spy wants to try the gap again
[14:27] {nathan} 3i did you this digital cameras technology? https://www.lytro.com/
[14:27] {nathan} know
01[14:27] {@Threei}  yeah
01[14:28] {@Threei}  not really interested... gimmick :)
[14:28] {nathan} no?
[14:28] {nathan} too much post-porduction?
01[14:28] {@Threei}  just don't see the point
[14:29] {nathan} it's like u record all the details and then u decide
01[14:29] {@Threei}  I make about a zillion of decisions when frame a photo,
01[14:29] {@Threei}  focus plane os just one of them,
01[14:29] {@Threei}  why would I want to pick this particular one and postpone decision to postproduction phase?
[14:29] {nathan} you never know
01[14:30] {@Threei}  I decide what I want to be a focal center of the image and focus on it,
01[14:30] {@Threei}  if I feel I may want a different idea, or several ideas, or combine images for increased depth of field, I will take a few, with various focis points
01[14:31] {@Threei}  and stack them in postproduction
01[14:31] {@Threei}  I do that often
01[14:31] {@Threei}  to have this ability for all of them and sacrifice image quality to a degree these cmeras do, nah
01[14:32] {@Threei}  compare what Lytros produce with anything that real cameras do, it's not even gunny
[14:32] {nathan} hehehe, pros don't like.
01[14:32] {@Threei}  funny
01[14:32] {@Threei}  if they can introcue this technology on the on/off basis to real cameras, great, I'll gldaly use it
01[14:32] {@Threei}  introduce
01[14:33] {@Threei}  but to purchadse a camera that made it its major selling point while having other, much more needed capabilities, trimmed down, no
[14:34] {nathan} i had same conversation my one colleague a thinks exactly the same
[14:35] {nathan} If he could he'd be revealing his own photos
[14:35] {nathan} at home
[14:36] {nemo} spy gap 197.01
[14:36] {nathan} dont want to spoil the day
[14:36] {nathan} have a great weekend
01[14:36] {@Threei}  take care nathan
[14:37] {nemo} vaya con Diablo
[14:37] {nathan} you crack me up nemo
[14:37] {nemo} helps to be insane
[14:38] {nathan} lol
01[14:38] {@Threei}  nathan, here still?
[14:38] {nathan} yes
01[14:38] {@Threei}  http://www.dpreview.com/reviews/lytro/5
01[14:38] {@Threei}  says it all
[14:39] {nathan} let me see
01[14:40] {@Threei}  "Image quality is also comparable with a smartphone"
01[14:40] {@Threei}  hehe
[14:40] {nathan} definitely this is not for pros
01[14:41] {@Threei}  yeah, but the problem is: do amateurs want this heavy posproduction?
[14:41] {nathan} "...sharable on facebook" sounds like crapp
01[14:41] {@Threei}  so, who is it aimed at?
[14:42] {nathan} only for "early addopters" or techies
01[14:42] {@Threei}  yeah, novelty item
[14:42] {dino} calling it a day here. have to get take care of the house contract. gn all
01[14:42] {@Threei}  take care dino
01[14:42] {@Threei}  I don't know whether this tech can be used in conventional cameras
01[14:43] {@Threei}  if so, they'd better try to license it out
01[14:43] {@Threei}  if not, well... looks like stillborn to be
01[14:43] {@Threei}  to me
[14:43] {nathan} yeah sounds the same for me
[14:43] {nathan} unless you add it like a "new function"
01[15:00] {@Threei} Long Setup:  VXX  60 break
01[15:00] {@Threei}  If holds  .50
01[15:04] {@Threei}  Invalidated
01[15:04] {@Threei}  but wathcing
01[15:07] {@Threei}  hmmmm... should have recalibrated it to .50
[15:08] {nemo} do you have gaps in your LII depth of book in VXX Vad?
01[15:10] {@Threei}  yes
[15:12] {jfjf64} .60
[15:35] {RonS} outta here...good weekend to all
01[15:36] {@Threei}  take care ron
01[15:46] {@Threei}  OK guys, finishing good week with a good day
[15:46] {jfjf64} gnight all
01[15:46] {@Threei}  have a great relaxing weekend, see you Monday