Oct 09 2014

A few rinses but also quite a few juicy wins - two 1:4s, 2 1:3s. Not as spectacular as yesterday, but still.



Session Time: Thu Oct 09 00:00:00 2014

[08:51] gm 3i
01[08:52] <@Threei>  dino :)
[08:52] seems i missed the fun yesterday afternoon
01[08:52] <@Threei>  a lot of it
01[08:53] <@Threei>  best trading day of the year
[09:12] .
[09:12] good point
[09:13] ty
[09:24] mornin
01[09:25]  jf :)
[09:25] good morning
01[09:25]  troub :)
01[09:26]  Upside:
01[09:26]  -RT +16% (earnings)
01[09:26]  -GTIV +15% (being acquired by KND for $19.50/shr)
01[09:26]  -AUXL +12% (being acquired by ENDP for $33.25/shr)
01[09:26]  -LNN +8% (earnings)
01[09:26]  -LAKE +6% (Ebola momentum)
01[09:26]  -DGLY +4.2% (another police shooting in MO)
01[09:26]  -KND +4% (acquiring GTIV)
01[09:26]  -RVBD +3.4% (Q3 guidance)
01[09:26]  -PBR +2% (Brazilian election - runoff scheduled for 10/26)
01[09:26]  Downside:
01[09:26]  -KFX -25% (prelim Q1 adj EBITDA)
01[09:26]  -GPS -12% (earnings)
01[09:26]  -AMD -9% (appointed Dr. Lisa Su CEO, negative broker comments)
01[09:26]  -EOPN -9% (earnings)
01[09:26]  -UAL -5.2% (Sept. load factor)
[09:31] when you get lucky, take it...jesse livermore
[09:32] ahhh morning finally in
01[09:32]  ese :)
[09:32] out emes from yesterday at 85.78, out 91.11 ave, +5.33
01[09:32]  wtg
01[09:32]  wow
[09:33] NICE!
[09:33] lucky
[09:33] gjob
01[09:33] Long Setup:  KFX  .90 break
[09:33] out sn from yesterday 22.40 to 23.54, +1.14
01[09:33]  1:1  
01[09:34]  not much chance for entry though
[09:34] out sndk from yesterday 91.33 out 92.57, +1.24
01[09:35]  man
01[09:35]  someone ssop him
01[09:35]  stop
[09:35] out hclp from yesterday 42 to 43.14, +1.14
01[09:35]  nope, no stopping
[09:35] c'mon athm, want more
01[09:36] Short Setup: FB  .10 break
01[09:36]  If holds  .20 
01[09:37]  Invalidated  
01[09:38] Short Setup: FCX  .10 break
01[09:39]  If holds  .20 
01[09:41]  1:1  
[09:43] CREE       renewed talk going around that Siemens AG is in advanced discussions to acquire Cree Inc.   Price talk is $55-share.  unconfirmed
01[09:44] Long Setup:  CCL  .55 break
01[09:44]  If holds  .45 
01[09:46] Long Setup:  TWTR  .80 break
01[09:46]  If holds  .70 
01[09:48]  no go
01[09:48] Long Setup:  VXX  .10 break
01[09:48]  If holds  30 
01[09:50]  1:1  
01[09:55]  1:2  
01[09:56]  1:3
[09:56] go baby
01[09:56]  1:4, out
[09:56] nice job
[09:56] great timing
01[09:56]  ty
[09:57] whats inthat coffee
01[09:57]  there is some coffee in that vodka
[09:58] I thought that
[09:58] bears in play yard
[10:03] LAKE  crazy...didn't have the nerve
[10:06] what goes up....must come down.....
[10:11] lake sm s .99
[10:12] Algo red side expanding
[10:12] mostly oil and commodity
[10:12] CAT
[10:12] IBM
[10:14] lake stopped .25 -.26
[10:14] L rdnt .00 1/2
01[10:14] Short Setup: GLD  .95 break
01[10:15]  If holds  .05 
[10:16] red letting up on algo
[10:18] DE GMCR strong
01[10:18]  no go
[10:19] Draghi speaks at 11
[10:19] after yesterday, likely consolidation until he talks
01[10:22] Long Setup:  TWTR  .50 break
01[10:22]  If holds  .40 
[10:23] http://goo.gl/W1HTlr
01[10:29] Long Setup:  VXX  .20 break
01[10:30]  If holds  .10 
01[10:30]  1:1  
[10:30] twtr looks short
01[10:33]  1:2  
01[10:33]  bear market... how I love thee
[10:34] lol
[10:34] YELP chatter $GOOGL to buy them.
01[10:34]  1:3  
01[10:34]  1:4, out
[10:35] nice
[10:48] what the hay
01[10:48]  annoying as hell
[10:49] indeed
[10:51] server gerbil powered?
01[10:51]  looks like
[10:51] hosted at Rogers?
01[10:51]  and nemo's in charge of feeding gerbils
01[10:51]  you know what that means
01[11:02] Long Setup:  IWM  .85 break
01[11:02]  If holds  .75 
01[11:03]  Invalidated  
01[11:07]  got away
01[11:07]  argh
[11:16] L some more rdnt avg .98
[11:19] LAKE is just flippin crazy.....
01[11:21] <@Threei> Long Setup:  IWM  .15 break
01[11:21] <@Threei>  If holds  .05
[11:21] <@nemo> what's Draghi saying
[11:22] <@nemo> DAX not doing much
[11:22] blah blah blah droll droll drool...
01[11:22] <@Threei>  1:1
01[11:22] <@Threei>  lol
[11:22] ese, LAKE does the ebola hazmat suits...
01[11:22] <@Threei>  (EU) ECB's Draghi: Expecting banking credit to pick up soon; reiterates committed to additional measures by the ECB if needed - Euro area banks balance sheets have strengthened since last year- ECB measures will have a sizeable impact on the balance sheet- Europe has structural problems, not cyclical ones and without reform, recovery cannot occur
01[11:23] <@Threei>  ECB's Draghi: and ever since you called me SuperMario, I am trying to live up to expectations
[11:24] lol
01[11:24] <@Threei>  Yesterday's late equity rally has been explained away as an effect of the FOMC minutes driving short selling capitulation, but there is little sign of risk appetite this morning. European indices gave up all of their early gains and slid into negative territory as US traders began selling S&P500 futures in the premarket.
[11:26] that statement is rife with bullshit...
01[11:27] <@Threei>  which one?
01[11:28] <@Threei>  it's difficult to determine which of them makes this distinction :)
[11:28] "little sign of risk appetite"
[11:28] Excessively low inflation
[11:29] individual risk stocks are holding much better than the indices
[11:29] let's see...gas has come down, electricity just went up 37%, food is at all time highs, my toilet paper rolls are lighter.  Guiness is sold in 11.2 oz. not 12 oz. bottles...wtf!
[11:30] you Venezuelan?
[11:30] worse....Masshole
[11:39] LAKE's dam broke...
01[11:42] <@Threei>  no news... sudden breakdown
[11:43] market held up kinda' right til DAX closed
[11:51] am outta her....got the stop in on rdnt....cya tomorrow
[11:55] that's the whole FED move
01[11:55] <@Threei>  good
[12:11] crazy market again
01[12:12] <@Threei> Long Setup:  VXX  .20 break
01[12:12] <@Threei>  If holds  .10
01[12:14] <@Threei>  nah
01[12:19] <@Threei>  rinse
[12:22] tempting to re-load some of those am sales
01[12:23] <@Threei>  1:3
01[12:23] <@Threei>  grrr
[12:25] yesterday's lows in play
01[12:25] <@Threei>  1:5
01[12:25] <@Threei>  I dpn't think they'll hold
[12:25] gut says they take them out
01[12:25] <@Threei>  yup
[12:25] yeah, beginning of a rout
[12:26] Santa, give me a limit down day tomorrow on the open
[12:27] wants -400 today
[12:28] dji gap is around 16600
[12:28] as barney stintson would say, "wait for it...."
01[12:30] <@Threei>  1:8... I am crying
01[12:30] <@Threei>  whailing
[12:31] wailing
01[12:31] <@Threei>  watever
[12:31] yours requires a boat and harpoon
01[12:31] <@Threei>  I have both
[12:31] lol
01[12:32] <@Threei>  come on... "watever" was a verey clever funny response
[12:32] that should be bottom
[12:32] for now
01[12:32] <@Threei>  of my sense of humor?
[12:32] no, that's a frickin' black hole
01[12:32] <@Threei> Long Setup:  IWM  .35 break
01[12:32] <@Threei>  lol
01[12:33] <@Threei>  If holds  .25
[12:33] so much for that
01[12:33] <@Threei>  Invalidated
01[12:33] <@Threei>  change to .30 break
01[12:33] <@Threei>  If holds  .20
[12:34] emes smr l .08
01[12:36] <@Threei>  1:1
[12:39] out emes .68, +.60
01[12:40] <@Threei>  wtg
01[12:43] <@Threei>  1:2
01[12:45] <@Threei>  1:3
01[12:45] <@Threei>  close enough
01[12:45] <@Threei>  out
01[12:45] <@Threei>  was a good read, nemo
[12:46] ty
[12:52] see all tommorrow
[12:58] pcrx smr l ave26
[12:58] .26
[13:12] everything moving so fast hard to manage risk
[13:17] pcrx stopped .85, -.41
[13:23] wow lake
[13:43] slowed down
[13:43] that's a relative statement
[13:45] back in 30 or so
01[14:25] <@Threei> Long Setup:  IWM  .50 break
01[14:25] <@Threei>  If holds  .40
01[14:28] <@Threei>  nope... not this time
01[14:36] <@Threei>  rinse
[14:54] the only hope for a long is looking for short covering, but we could definitely have an ebola into the close
[14:55] Please Santa...limit down on the open
01[15:00] <@Threei>  oil is so dead
[15:00] wow
[15:01] not electric rates though
01[15:02] <@Threei> Short Setup: GLD  .65 break
01[15:02] <@Threei>  If holds  .75
[15:08] this is gonna' get ugly...who's gonna' buy now
[15:08] ?
01[15:09] <@Threei> Long Setup:  VXX  .25 break
[15:09] dji -3.6% from highs, s/p -4.1%, naz -4.8%
[15:09] -3 to -5% have been buy areas for past year
01[15:11] <@Threei>  Invalidated
[15:18] nanelexic tweeting unusual emini buying
[15:18] clears that up...
[15:20] lol
[15:20] :)
01[15:20] <@Threei>  they are idiots
01[15:20] <@Threei>  with huge agenda
01[15:21] <@Threei>  HFT-fighting ideologues
[15:27] chopping around
[15:29] frickin long setup spy
01[15:31] <@Threei> Long Setup:  IWM  .70 break
01[15:31] <@Threei>  If holds  .60
01[15:31] <@Threei>  last play
01[15:34] <@Threei>  1:1
01[15:46]  not a promising close for bulls, eh?
01[15:48]  OK guys, thank you all
01[15:48]  have a good evening, see you tomorrow