Thursday, October 30, 2014

Oct 30 2014

Another solid day of nice gains, with this one taking the cake. 1:5, aggressive entry for the breakout on VXX.





Session Time: Thu Oct 30 00:00:00 2014
[09:04] {cosmo}  Bullion not happy without QE?
01[09:04] {@Threei}  who would have doubt that
01[09:05] {@Threei}  I said it long ago... 1000, then under
01[09:05] {@Threei}  then panic starts
[09:05] {cosmo} upward panic?
[09:07] {dino} gm
01[09:07] {@Threei}  dino :)
01[09:08] {@Threei}  downward first...
[09:08] {cosmo} k
[09:08] {RonS} hi guys
[09:08] {cosmo} I'll get the  hang of it...
01[09:08] {@Threei}  ron :)
[09:10] {Jenh} gm everyone!
[09:11] {RonS} morning lms (little miss sunshine)
01[09:11] {@Threei}  jen :)
[09:12] {Jenh} gm Ron! thanks for the nickname
[09:12] {Jenh} if only you knew me :)
[09:12] {RonS} just be glad nemo comes on late...
[09:13] {RonS} he hates morning slautations...
[09:13] {RonS} salutations
[09:13] {Jenh} oh really? didn't realize 
[09:13] {Jenh} i hate mornings too
[09:14] {Jenh} not so much salutations but just the getting out of bed part 
[09:15] {dino} lol ron, lms
01[09:15] {@Threei}  wait... you guys are getting out of bed for trading??
01[09:15] {@Threei}  man... next thing I know you have to actually wake up too
[09:15] {dino} unfortunately yes. banned to the basement office for trading
[09:16] {Jenh} you can stay in bed for trading?! my world has changed
[09:16] {cosmo} a lazy boy is a good compromise
[09:19] {Jenh} that's a good thought too 
[09:21] {RonS} lol avp  they beat for what?...first time in 10 years?
01[09:21] {@Threei}  nemo comes in, I am going to make his morning absolute nightmare
[09:21] {cosmo} and there's the recumbent bike option for the more active among us
[09:21] {Jenh} lol
[09:29] {jfjf64} morin
01[09:29] {@Threei}  jf :)
[09:30] {dino} pcrx? earnings beat
[09:30] {ese} morning
01[09:30] {@Threei}  Upside:
01[09:30] {@Threei}  -V +4.4% (earnings)
01[09:30] {@Threei}  -CRUS +1.6% (earnings)
01[09:30] {@Threei}  -JDSU +3.8% (earnings)
01[09:30] {@Threei}  -LOPE+10% (earnings)
01[09:30] {@Threei}  -ALU+14% (earnings)
01[09:30] {@Threei}  -LAKE +37% (provides bullish update on business activity re: Ebola crisis incl new gov't orders)
01[09:30] {@Threei}  -LVLT +2.9% (to enter S&P500 Index on 11/4)
01[09:30] {@Threei}  ese :)
01[09:31] {@Threei}  Downside:
01[09:31] {@Threei}  -AKAM -2.3% (earnings)
01[09:31] {@Threei}  -GLUU -16% (earnings)
01[09:31] {@Threei}  -KRFT -3.0% (earnings)
01[09:31] {@Threei}  -WTW -8.9% (earnings)
01[09:31] {@Threei}  -RGR -9.0% (earnings)
01[09:31] {@Threei}  -OCN -1.3% (earnings)
01[09:31] {@Threei}  -PRXL -13% (earnings)
01[09:31] {@Threei}  -ARAY -11% (earnings)
01[09:31] {@Threei}  -TWTR -1.6% (VP of engineering said to be in plans to leave company along w/another key engineer)
01[09:31] {@Threei}  -WES -4.5% (prices 7.5M unit offering @$70.85/unit)
01[09:32] {@Threei} Short Setup: MGM  .40 break
01[09:32] {@Threei}  If holds  .50 
01[09:34] {@Threei}  nemo!! Greetings and salutations!! Our day finally makes sense with your entry, our morning beam of joy and the very first ray of smiling sun!!
[09:34] {RonS} shots fired...
[09:34] {RonS} and i guess you hit him...
01[09:35] {@Threei}  no go
[09:37] {cosmo} gee...the man sounds like a real inspiration...
01[09:37] {@Threei} Long Setup:  FB  75 break
01[09:37] {@Threei}  If holds  .90 
01[09:39] {@Threei}  1:2  
01[09:39] {@Threei}  1:3  
01[09:39] {@Threei}  1:1 was skipped
01[09:42] {@Threei} Long Setup:  DAL  .70 break
01[09:42] {@Threei}  If holds  .60 
01[09:45] {@Threei}  no go
[09:47] {dino} \what am i missing on wtw and pcrx?
[09:47] {dino} arii too
[09:47] {RonS} crus beat and raised
[09:50] {dino} sm l crus .15
[09:52] {dino} crus stop .98 -.17
01[09:53] {@Threei} Long Setup:  FB  74 break
01[09:53] {@Threei}  If holds  .90 
01[09:54] {@Threei}  change to .90
01[09:54] {@Threei}  If holds  .80 
01[09:55] {@Threei}  1:1  
01[09:56] {@Threei}  1:2  
[09:56] {nemo} you and your counter trend trades
[09:57] {dino} .00 trig crus
[09:57] {Jenh} is that it?
01[09:57] {@Threei}  well, I prefer trend but after dollar and half drop recversal is kind of a given thing to look for
[09:57] {Jenh} i was trying to figure out how these worked so well
[10:03] {nemo} It's amazing how u whistle through the minefield
01[10:14] {@Threei} Short Setup: TWTR  .20 break
01[10:14] {@Threei}  If holds  .30 
[10:15] {dino} pcrx smr l .73
01[10:16] {@Threei}  Invalidated  
[10:19] {dino} out pcrx 92.10, +1.37
[10:21] {dino} tough crowd
01[10:21] {@Threei}  we envy in grave silence
[10:22] {nemo} you're consistency gets boring
[10:22] {nemo} need to see you bleed heavily 
01[10:22] {@Threei}  you're???
[10:22] {nemo} your
[10:22] {nemo} sorry
[10:22] {Jenh} lol gj dino
06[10:22] * @Threei slaps nemo around a bit with a grammar book
[10:22] {nemo} haven't started drinking this morning
[10:22] {dino} ;)
[10:22] {dino} pcrx dropping back, maybe re-test in works
01[10:25] {@Threei} Long Setup:  CAT  .20 break
01[10:25] {@Threei}  If holds  .10 
01[10:28] {@Threei} Short Setup: FB  .60 break
01[10:28] {@Threei}  If holds  .70 
01[10:29] {@Threei}  Invalidated  FB 
01[10:30] {@Threei}  1:1  CAT 
[10:31] {nemo} ECB to start buying bonds in November
01[10:31] {@Threei}  1:2  
01[10:32] {@Threei}  FB valid again
[10:33] {nemo} jumped
01[10:33] {@Threei}  1:1  
01[10:37] {@Threei}  1:3  CAT 
01[10:37] {@Threei}  out
[10:42] {dino} pcrx wall at .00, keeps hitting and dropping. ranging 89.60s-90
[10:42] {dino} damn, missed it typing this
01[10:42] {@Threei}  grrr FB
01[10:47] {@Threei} Short Setup: FB  .20 break
01[10:47] {@Threei}  If holds  .30 
01[10:48] {@Threei}  1:1  
01[10:49] {@Threei}  see nemo... I go with trend when setup is there :)
01[10:49] {@Threei}  1:2  
01[10:49] {@Threei}  day looks brighter
[10:54] {nemo} FB going for gap close
[11:01] {dino} arii smr l .20
[11:04] {nemo} FB
01[11:05] {@Threei} Long Setup:  VXX  .70 break
01[11:05] {@Threei}  If holds  .60 
[11:09] {dino} amazing rcpt ph2 study keeps the stock up 40 pts
[11:13] {dino} adeed crus calls/time
01[11:13] {@Threei}  no go
[11:17] {dino} out arii .80, +.60
[11:17] {jfjf64} nice
[11:17] {dino} ty
[11:29] {jfjf64} gld
[11:30] {jfjf64} thinkin lower
[11:31] {ese} I am watching........looking for the absolute right moment and then I'm going to pounce with avengence
01[11:32] {@Threei}  I am scared to ask who you are going to pounce at
[11:32] {jfjf64} never heard ya lk that ese
[11:32] {ese}  a stock man!!!!!!!! a stock!!!!!!!!!!!
01[11:32] {@Threei}  drummers can be very dangerous people, jf
[11:32] {ese} hmmmmmm could be the new es jf
[11:32] {nemo} yeah, they think they're musicians
[11:33] {jfjf64} that snare drum went to ya head
[11:33] {ese} big show tomorrow night vad at the Armories ....Fright Night with The Midnights
[11:33] {jfjf64} put a little jjimmy Darren on relax
[11:35] {ese} http://www.marymanningcentre.com/blog/revving-fright-night-midnights
[11:35] {ese} Thats me trying to get the skeleton to sing on mic
[11:37] {ese} heres the poster: http://www.marymanningcentre.com/event/fright-night-midnights
01[11:37] {@Threei}  lol, funny shot ese
[11:42] {ese} tks
[11:43] {nemo} dcc ese
[11:47] {ese} opps sorry......that is actually nemo i'm trying to get to sing on the mic
[11:48] {nemo} mesodactyl
[11:48] {nemo} fb could be a short arund here
01[11:51] {@Threei}  Quantitative easing is officially over in the US and global markets are digesting the Fed's very well-telegraphed move. Meanwhile, US GDP may be good or not so good, depending on your analysis. German October CPI data suggest that Europe is nowhere near getting uninflation under control
[11:54] {nemo} that's probably  the bottom in FB, 76.8 retrace of that swing low to the recent ATH
[11:56] {dino} lol "un"inflation, they are afraid to speak the truth....deflation
[11:59] {nemo} There's no uninflation...I watch containers in the grocery store get smaller all the time...Electricity just went up 37%.  I see clothes prices going up..so much bullshit
[12:00] {cosmo} they once said: Dis-inflation....fwiw
[12:00] {nemo} FB @ inflection point
[12:01] {nemo} spy trying to get to resistance above 199
[12:01] {RonS} down south they say datinflation...
[12:05] {cosmo} so what would be the best deflation plays?
[12:06] {dino} don't think usa has that problem cosmo
[12:07] {nemo} Yeah, it's a lie of statistics
[12:07] {nemo} THere's no deflation
[12:07] {dino} but yuo would short hard assets, or mining stocks, etc
[12:10] {nemo} IWM looks like it's gonna break higher
[12:10] {cosmo} Silver wants $15, for example...
[12:20] {nemo} FB
01[12:21] {@Threei} Short Setup: FB  .15 break
[12:23] {nemo} finnies ready to break higher
[12:23] {Jenh} finnies?
[12:23] {nemo} financials
[12:23] {nemo} XLF
[12:23] {Jenh} ah thx
[12:23] {Jenh} thank you
[12:24] {ese} take care...make a great day all...cya tomorrow
01[12:25] {@Threei}  Invalidated  
[12:44] {nathan} Hi all
01[12:44] {@Threei}  hey nathan
01[12:49] {@Threei} Short Setup: FB  .30 break
01[12:49] {@Threei}  If holds  .40 
01[12:50] {@Threei}  1:1  
01[13:11] {@Threei} Long Setup:  IWM  .10 break
01[13:11] {@Threei}  If holds  114 
[13:12] {Jenh} +.20 on FB, thanks 3!
[13:13] {Jenh} *3i!
01[13:13] {@Threei}  :)
01[13:17] {@Threei}  1:1  
01[13:18] {@Threei}  1:2  
[13:19] {nemo} think that closed the spy gap
01[13:19] {@Threei}  1:3  
01[13:19] {@Threei}  out
01[13:20] {@Threei}  that cements the day as firmly and nicely positive
01[13:20] {@Threei}  whatever you do from this moment on, make sure that prodfit preservation procedure is followed religiously
[13:36] {nemo} boy those are some frickin strange candles
[13:36] {RonS} hearing goofy things happening in the options market...some stocks eg de
[13:38] {RonS} googl moved $3 and options did not budge
[13:38] {RonS} IB says CTA and OPRA report having issues disseminating market data in US stocks and options
[13:38] {dino} arii smr l .90
[13:39] {RonS} plug
[13:40] {RonS} whoa quote data went down on Fidelity
[13:42] {RonS} never seen it happen before...seems restored
01[13:46] {@Threei}  PLUG Ticks higher on chatter of a contract award
[13:47] {nemo} freestockcharts toast
[13:48] {dino} lol, plug, all .08
[13:48] {RonS} all?
[13:49] {nemo} NYSE out
[13:49] {RonS} out of what?
[13:49] {nemo} not functioning
01[13:49] {@Threei}  out of USA?
[13:50] {RonS} russian hack?
[13:51] {Jenh} odd charts on my end. 
[13:51] {Jenh} missing data for 10 min and then starting up again now
[13:51] {Jenh} only for spy tho
[13:53] {RonS} hearing nyse back...
[13:59] {RonS} dino, got any phone numbers?
[13:59] {dino} ???
[13:59] {RonS} ned to call someone to trade arii...
[13:59] {RonS} need
01[14:00] {@Threei}  hehe
[14:00] {dino} yeah, i froze that one
01[14:00] {@Threei}  "trades by appointment"
[14:00] {RonS} moving slower than a freakin train
[14:00] {dino} lol, freight cars
[14:01] {dino} but its up .28
[14:06] {dino} out arii .50, +.60; not bad for a slow og
[14:06] {dino} dog
[14:08] {dino} huh, expected a comment from you ron
[14:08] {RonS} still in
[14:10] {dino} no wonder you were complaining, gl
[14:10] {dino} .60 vwap area
[14:11] {RonS} with this volume those people don't care about vwap...
[14:12] {dino} good point, never considered that
[14:26] {dino} arii, back to 65.60s again imo
01[14:34] {@Threei}  gs!
01[14:34] {@Threei}  man, are you a rare bird these days
[14:35] {goinshort} Been busy with the new house
01[14:35] {@Threei}  gathered as much :)
01[14:35] {@Threei}  as dino says, "real estate distractions"
[14:35] {goinshort} yes it does
01[14:36] {@Threei}  (same justification of slackiness as any hobo)
01[14:37] {@Threei} Long Setup:  VXX  .95 break
01[14:37] {@Threei}  If holds  .85 
01[14:37] {@Threei}  aggressive for 31 break
[14:38] {dino} welcome gs
[14:39] {goinshort} hey dino
[14:40] {nemo} free stock charts starting to work again
[14:41] {jfjf64} wasn't wking
[14:41] {nemo} no shit sherlock
[14:42] {nemo} sheesh
[14:42] {nemo} VWAP trashed now
[14:42] {jfjf64} you don't use vwap on logix
01[14:43] {@Threei}  Invalidated  
[14:43] {nemo} yep, but with quotes across the system fubar, nothing right
[14:43] {RonS} V WAP'd eh?
01[14:45] {@Threei}  you summed nemo's life in 5 letters
01[14:45] {@Threei}  4 of them capitalized
01[14:45] {@Threei} Long Setup:  VXX  .90 break
[14:45] {jfjf64} nemo without vwap
01[14:46] {@Threei}  vwapless
01[14:46] {@Threei}  If holds  .80 
[14:46] {jfjf64} priceless
[14:47] {jfjf64} pricele$$
[14:47] {nemo} wow what a jump in vxx
[14:47] {nemo} wasn't expecting that
01[14:47] {@Threei}  but hey... if he can live lesless, he can overcome anything life throws at him
01[14:48] {@Threei}  1:1  
01[14:48] {@Threei}  1:2  
[14:48] {nemo} that one pissed me off
[14:48] {dino} back in 30 or so
01[14:48] {@Threei}  and that, you vwapless kiddies, how it's done
[14:49] {nemo} probably good to .30ish
[14:50] {jfjf64} 31.30 vwap
01[14:50] {@Threei}  1:3  
[14:50] {nemo} .50 resistance
01[14:51] {@Threei}  this one was for you gs
[14:51] {jfjf64} no shit sherlock
[14:51] {nemo} hehehehe
01[14:51] {@Threei}  lol
[14:51] {jfjf64} lol
[14:51] {nemo} we used to say that to each other as kids
[14:51] {jfjf64} some crew we got here
[14:51] {jfjf64} pricele$$
[14:51] {nemo} Les Le$$ too
[14:52] {jfjf64} le$$ for $ure
01[14:52] {@Threei}  btw, forgot to show you my bvest catch of the last weekend: https://www.facebook.com/VadymGraiferPhotography/photos/a.488848774527976.1073741828.483178015095052/736992696380248/?type=1&theater
[14:54] {Jenh} is that a peacock???
[14:54] {goinshort} Thanks V! nailed it good! 
[14:54] {jfjf64} that a keeper vg
01[14:54] {@Threei}  yes jen
01[14:54] {@Threei}  gs :)
01[14:54] {@Threei}  1:4
[14:54] {jfjf64} yaaaaaaaaaaaaaaaaa
01[14:54] {@Threei}  1:5
01[14:54] {@Threei}  out
[14:54] {jfjf64} out
[14:55] {nemo} nah, should have put stop under .30
[14:55] {jfjf64} nice vg ty
01[14:55] {@Threei}  :)
[14:56] {jfjf64} take picture that chart vg 
01[14:56] {@Threei}  walked right toward me and sverved last second to get around
01[14:57] {@Threei}  as if played game of chicken
[14:57] {jfjf64} give peacock run for money
01[14:57] {@Threei}  lol
[14:57] {jfjf64} ya liked aggressive entry also
[14:57] {nemo} see how VX holding .30
01[14:57] {@Threei}  my favorite
[14:57] {jfjf64} once hit .30  rocket
[14:58] {nemo} ahhh...vxx
[14:58] {nemo} looks iffy now though
[14:58] {jfjf64} im sorry 31.00
[14:59] {jfjf64} 1:5 got my blood going
[14:59] {nemo} and I thought it was your dog walking around naked in front of you
[14:59] {jfjf64} lol
[15:00] {nemo} Yep, I'm a coupla' sandwiches short of a picnic
[15:00] {jfjf64} ya dow syndrome really kickin in
[15:00] {nemo} "Down" syndrome
[15:00] {jfjf64} I like dow
[15:00] {jfjf64} .30
[15:00] {jfjf64} vxx
01[15:01] {@Threei}  jf, for you: http://tradinglog.realitytrader.com/2014/10/oct-30-2014.html
[15:02] {jfjf64} nice
[15:09] {jfjf64} is that default chart logix
01[15:10] {@Threei}  no
01[15:10] {@Threei}  reconfigured it to my liking
01[15:10] {@Threei}  added BBs with my parameters
[15:10] {jfjf64} I like
01[15:11] {@Threei}  I glad
[15:11] {jfjf64} lol
01[15:11] {@Threei}  :)
01[15:11] {@Threei}  when it comes to butchering english, I best
[15:24] {jfjf64} x
[15:27] {dino} .
[15:30] {dino} ron, you get out of arii?
[15:31] {RonS} ya at b/e...
[15:32] {nemo} so Doug Kass tweets:  Douglas Kass @DougKass
[15:32] {nemo} I am long of Tim Cook and short of Apple.
[15:32] {nemo}  thestreet.com/story/12876150…
[15:32] {nemo} and
[15:32] {nemo} thestreet.com/story/12876150…
[15:32] {nemo} Boy, talk about sticking your chin out
01[15:34] {@Threei}  IWM, looking to enter on pullback unfder .40
01[15:42] {@Threei}  nah, got away
[15:43] {jfjf64} fb
01[15:44] {@Threei}  shoudl have taken .45 instead of trying to be cute
01[15:44] {@Threei}  cute is not my forte anyway, lol
01[15:45] {@Threei}  ok guys, thank you all
[15:45] {jfjf64} ty
01[15:45] {@Threei}  have a great evening, see you tomorrow
[15:45] {Jenh} ty 
[15:45] {jfjf64} enjoy
[15:45] {Jenh} good night everyone!

[15:45] {dino} gn