Monday, November 24, 2014

Nov 24 2014

It's a rare case that opening play lasts this long, but 1:4 is 1:4. Patience is a virtue. 

(Chart courtesy of a broker)

With a few more trades here and there, polished by a final run to almost 1:3 target on IWM, decent day despite slowness of a short week.

Session Start: Mon Nov 24 02:11:11 2014

[09:08] {dino} gm
01[09:09] {@Threei}  dino :)
[09:10] {RonS} hi guys...hearing a dumperooskie heading to the northeast
01[09:10] {@Threei}  ron :)
01[09:10] {@Threei}  who's that?
[09:11] {RonS} 10" of snow
01[09:11] {@Threei}  I am not familiar with that word either
[09:13] {RonS} utx gap fill down
[09:13] {nemo} I feel like doo doo
[09:14] {cosmo} doo something then
[09:14] {RonS} cold or flu?
01[09:14] {@Threei}  lol
[09:14] {nemo} chest, throat, nose, head
[09:14] {nemo} I can't remember the last time I was sick
[09:14] {nemo} physically that is
01[09:16] {@Threei}  - Greece and Troika official set to meet in Paris on Tuesday, Nov 25th to discuss the stalled review
01[09:16] {@Threei}  lol'
[09:16] {nemo} 817k spy...gonna be slow with bias up
01[09:16] {@Threei}  see,. Greece can't remember last time when it was healthy
[09:17] {dptl} good morning all :)
01[09:17] {@Threei}  dp!
[09:18] {__chasj} gm
01[09:18] {@Threei}  chas :)
[09:18] {nemo} anybody see Pats game yesterday?
[09:19] {__chasj} saw broncos yeah!
[09:19] {nemo} methinks this might be Peyton's last year
[09:20] {Jenh} gm
[09:20] {__chasj} maybe
01[09:20] {@Threei}  jen :)
[09:21] {nemo} mmmhhh this illness seems to be affecting my sight too
[09:22] {RonS} outr 115 day pre high
[09:26] {jfjf64} morning all
01[09:26] {@Threei}  jf :)
01[09:26] {@Threei}  Upside:
01[09:26] {@Threei}  -RNA +62% (reiterated expectation of complete NDA submission for Drisapersen in Q1 '15)
01[09:26] {@Threei}  -PTP +20% (announced entry into a definitive merger agreement with RenaissanceRe Holdings at $76/shr)
01[09:26] {@Threei}  -TTPH +17% (strength attributed to recirculating chatter on financial blogs the company looking to sell itself)
01[09:26] {@Threei}  -SRPT +11% (momentum from RNA Drisapersen news)
01[09:26] {@Threei}  -STRZA +11% (acquisition talks heating up)
01[09:26] {@Threei}  -RGLS +7.8% (positive broker commentary; momentum from last week's RG-012 data)
01[09:26] {@Threei}  -GERN +5% (positive broker commentary)
[09:26] {pamsv} Hi all
01[09:26] {@Threei}  hi pam, welcome
[09:26] {pamsv} thanks :)
01[09:26] {@Threei}  Downside:
01[09:26] {@Threei}  -LGF -3.2% (Mockingjay opening weekend numbers)
01[09:26] {@Threei}  -BMRN -1.5% (RNA news of Drisapersen NDA submission)
01[09:26] {@Threei}  -UTX -1% (reiterated FY14 EPS, named CFO new CEO effective immediately)
[09:29] {dino} cbi?
[09:30] {dino} ahh gs downgrade
01[09:30] {@Threei}  yeah
01[09:30] {@Threei}  with 46 target
01[09:32] {@Threei} Long Setup:  FB  .60 break
01[09:32] {@Threei}  If holds  .50
01[09:33] {@Threei}  1:1
01[09:34] {@Threei}  1/4 more out
01[09:34] {@Threei}  stop .64
[09:35] {RonS} ocr drop
01[09:36] {@Threei} Short Setup: JPM  .25 break
01[09:37] {@Threei}  If holds  .30
[09:37] {dino} ocr drop
01[09:37] {@Threei}  a bit tight for opening play, but we better look for another entry if stopped
01[09:41] {@Threei}  die already JPM
01[09:42] {@Threei}  wow FB
01[09:42] {@Threei}  rug pull
01[09:44] {@Threei}  *(US) NOV PRELIMINARY MARKIT US SERVICES PMI: 56.3 V 57.3E
[09:45] {dino} ocr sm l .46
01[09:46] {@Threei}  TSLA Finance blog claims Tesla may have an undisclosed SEC probe
01[09:51] {@Threei} Long Setup:  TWTR  .85 break
01[09:51] {@Threei}  If holds  .75
01[09:52] {@Threei}  1:1  JPM
01[09:52] {@Threei}  took its sweet time
01[09:53] {@Threei}  Invalidated  TWTR
[09:56] {dino} ainc spike
01[09:57] {@Threei}  1/4 more out JPM
01[09:57] {@Threei}  stop .21
01[09:58] {@Threei} Long Setup:  TWTR  .80 break
01[09:58] {@Threei}  oops
01[09:58] {@Threei}  late
01[09:58] {@Threei}  ok in
01[09:58] {@Threei}  If holds  .70
01[09:58] {@Threei}  1:2  JPM
01[09:58] {@Threei}  stop to .16
01[09:59] {@Threei}  no go TWTR
01[10:01] {@Threei}  rinse
01[10:01] {@Threei}  somg
[10:02] {JoebiWan}
01[10:02] {@Threei}  there you go
[10:03] {Jenh} lol
[10:05] {nemo} freestockcharts messed up today
[10:06] {jfjf64} trading view much better imo nemo
[10:06] {nemo} much more flexibility with FSC especially Beta 2
[10:10] {dptl} dal .80 break long may be
[10:11] {RonS} dp! didn't notice you came in...
[10:11] {dino} rnr smr l .35
01[10:12] {@Threei}  he sneaked in therouhg the backdoor
[10:12] {dptl}  Ron :)...yep ...sneaky little dude lol
[10:12] {dptl} 1:1 dal
[10:16] {dino} out ocr .96,
[10:16] {dino} +.50
[10:18] {jfjf64} nice dino
[10:18] {dino} ty
[10:21] {dino} out rnr .05, +.70
[10:21] {jfjf64} nice dino
[10:21] {dino} ty
[10:21] {jfjf64} missed that one
06[10:22] * dino slaps jfjf64 around a bit with a large trout
[10:23] {jfjf64} my charts messed up logix
[10:23] {jfjf64} anyone
[10:23] {nemo} yep me too
[10:23] {nemo} spy disappeared
[10:23] {nemo} FSC having problems today
[10:23] {jfjf64} mutta f   ka
[10:23] {dptl} spy chart yes
[10:23] {nemo} vodka almost gone
[10:23] {jfjf64} cant work like this
[10:24] {jfjf64} need shot
[10:27] {jfjf64} iwm
[10:27] {jfjf64} looks lk gonna explode
[10:28] {jfjf64} yeah sure
[10:28] {jfjf64} lol
01[10:30] {@Threei}  *(US) NOV DALLAS FED MANUFACTURING ACTIVITY: 10.5 V 9.0E
01[10:31] {@Threei} Long Setup:  VXX  .65 break
01[10:31] {@Threei}  If holds  .57
01[10:46] {@Threei}  things stalled
01[10:46] {@Threei}  chas, see pm please
[10:47] {__chasj} how
01[10:48] {@Threei}  doubleclick on my nick
[10:49] {nemo} sounds a bit perverted
01[10:49] {@Threei}  that's your dirty mind
[10:49] {dptl} lol
01[10:49] {@Threei}  to you, a bench in a park is perversion... somehow
[10:50] {nemo} "Pot, meet kettle."
01[10:51] {@Threei}  you get w window with my message, chas?
[10:53] {__chasj} never have done this don't know how to find mess
01[10:54] {@Threei}  doubleclick on Threei, there will be a pop-up window
[10:54] {jfjf64} chas sounds nervouse
[10:54] {jfjf64} careful
[10:54] {jfjf64} don't where pink blouse
01[10:54] {@Threei}  type in that window
[10:55] {nemo} where=wear
[10:56] {jfjf64} lol
[10:56] {RonS} lol...Turkey's Erdogan lashes out at U.S. after meeting Vice President Biden
[10:56] {nemo} don't blame him
[10:56] {__chasj} Not nervous just ignorant haha
01[10:56] {@Threei}  who wouldn't ron
[10:56] {nemo} mmmmhhh...fresh meat
[10:57] {RonS} Biden...the real reason the O can do whatever he wants...
01[10:57] {@Threei}  if I had to meet biden, I'd lash out at anything and anyone
01[10:57] {@Threei}  yeah... who would want to impeach him if biden wad an alternative
[10:57] {RonS} but what if you needed to study hair plugs?...
[10:59] {__chasj} is vxx still valid
01[10:59] {@Threei}  yes
[11:00] {__chasj} tkx
[11:00] {__chasj} thx
01[11:00] {@Threei}  all this time I trieds to think of any possible reason I would want to study hair plugs... I come up empty
[11:00] {RonS} if you were balding?
01[11:00] {@Threei}  I am
[11:01] {RonS} sorry to hear...
01[11:01] {@Threei}  (gracefully)
01[11:01] {@Threei}  if JPM breaks down here, will try for 1:4
[11:04] {RonS} gild pressure
01[11:07] {@Threei}  1:3  JPM
01[11:07] {@Threei}  very unhurried and quite nice trade
01[11:09] {@Threei}  1:4 baby
01[11:09] {@Threei}  out
[11:09] {JoebiWan} out ty vad
01[11:09] {@Threei}  yw
01[11:09] {@Threei}  is it weird to call a monstrous bank "baby?"
06[11:10] * @Threei slants at nemo, world reknown specialist in perversions
[11:11] {RonS} ...prob in bed sniffling...
[11:13] {__chasj} VXX taking its sweet time
01[11:14] {@Threei}  slow day
01[11:14] {@Threei}  let's trail it to .69
[11:15] {nemo} wow chart data feed problems
01[11:17] {@Threei}  to .59, lol
[11:21] {RonS} cna't help it...SKUL exploding
[11:21] {RonS} or type
01[11:23] {@Threei}  wow... JPM 1:5
01[11:26] {@Threei}  lok ron
01[11:26] {@Threei}  lol too
[11:27] {RonS} was thinking...look at what?
[11:27] {RonS} fold has bills flying...
01[11:27] {@Threei}  at my skillful typing of course
01[11:28] {@Threei}  who wouldn't marvel at that
[11:30] {RonS} where's Mr. "got my jaw jacked"?
01[11:32] {@Threei}  gosh... what's that, lol
[11:32] {RonS} ese
01[11:32] {@Threei}  oh
01[11:32] {@Threei}  haven't heard from him since surgery
01[11:32] {@Threei}  visual:
[11:49] {dptl} nice one
01[11:54] {@Threei} Long Setup:  FB  .20 break
01[11:54] {@Threei}  If holds  .10
[11:56] {nemo} my spy data just disappeared again
[11:56] {dptl} yeah
[11:57] {jfjf64} me too
[12:24] {__chasj} me too
01[12:26] {@Threei}  Invalidated  FB
[12:53] {dino} .
01[13:04] {@Threei} Long Setup:  VXX  .55 break
01[13:04] {@Threei}  If holds  .50
[13:19] {jfjf64} nemo charts wking logix
[13:20] {nemo} yeah...but everything a bit squirrely today
[13:20] {jfjf64} yes
[13:20] {nemo} I'll be watching a stock on a chart, and then the chart disappears
01[13:22] {@Threei}  this is new training feature
[13:25] {jfjf64} common vxx
[13:26] {jfjf64} get off ya ass and run
01[13:26] {@Threei}  ladies, feel free to slap jf silly
[13:26] {jfjf64} me like slap
[13:33] {dino} having option chain issues trademonster
[13:33] {nemo} probably part of the data feed issues today
[13:34] {nemo} aapl
[13:34] {nemo} about to break out again
[13:49] {dino} rnr sm l .70 stop .39
01[14:01] {@Threei}  meh
[14:06] {jfjf64} dino where stop
[14:06] {dino} .89
[14:11] {dino} to .11
[14:13] {dino} to .16
[14:15] {dino} out rnr .18, +.48
[14:15] {jfjf64} +43 cents
[14:15] {jfjf64} ty
[14:15] {dino} yw, gj
01[14:16] {@Threei}  wtg
[14:17] {jfjf64} dino did ya go long gps on friday
[14:17] {jfjf64} swing
[14:17] {dino} no, fl calls
[14:18] {jfjf64} good
[14:18] {jfjf64} both good
[14:18] {dino} fl was odd friday, nice baet and raise
[14:19] {dino} beat too, sheesh
[14:26] {nemo} spy looks breakoutish
[14:57] {jfjf64} gps short.04
[15:17] {jfjf64} zzzzzzzzzzzzzzzzzz
[15:17] {dino} indeed
[15:18] {dino} full day wednesday and half day friday, right?
[15:20] {jfjf64} think so
01[15:21] {@Threei}  correct
01[15:21] {@Threei}  November 27, 2014 Thanksgiving Day - U.S. Closed
01[15:21] {@Threei}  November 28, 2014 Early Close - U.S. 1:00 p.m.
01[15:22] {@Threei}  short week explains narrow acion today
[15:23] {cosmo} a long week for others
[15:24] {dino} a tough week for turkeys
01[15:24] {@Threei}  lol
[15:24] {jfjf64} lol
[15:24] {RonS} reason nemo has cold?
[15:25] {RonS} ...tough week for turkeys...
01[15:25] {@Threei}  he tries to get as many of them as possible before president's pardin?
01[15:25] {@Threei}  i=o
01[15:25] {@Threei} Long Setup:  IWM  .75 break
01[15:25] {@Threei}  If holds  .65
[15:26] {cosmo} pardin all turkeys by e.o.
[15:27] {cosmo} hmm...too late me thinks
01[15:30] {@Threei}  .80 break and iekqsplozhieon
01[15:30] {@Threei}  man... spellcheck just dainted
01[15:30] {@Threei}  fainted too
01[15:31] {@Threei}  1:1
01[15:31] {@Threei}  iekqsplozhieon it is
[15:31] {JoebiWan} lol
01[15:33] {@Threei}  just got a call from The Butchers of English Language Club. They elected me their president, no competition
[15:34] {__chasj} what does  .80 break and iekqsplozhieon mean?
[15:34] {dino} lol
[15:34] {JoebiWan} haha
01[15:34] {@Threei}  follow-up comment to .75 setup on IWM
[15:34] {dptl} lol
[15:34] {__chasj} ho ho with xmas spirit
01[15:35] {@Threei}  iekqsplozhieon, well... I'll be darned if I can explain it :)
01[15:35] {@Threei}  my sense of humor is weird, wretched and occasionally callous
[15:36] {__chasj} well i caught it thats what matters
01[15:36] {@Threei}  then again, I have an excuse - I communicate with nemo for years
[15:36] {__chasj} now i understand
01[15:36] {@Threei}  and we did have that party on a boat...
01[15:37] {@Threei}  in Nassau
01[15:39] {@Threei}  ah, here it is
01[15:39] {@Threei}  (gently edited out)
01[15:39] {@Threei}  see those glasses in front of us?
[15:40] {dptl} where is Nemo?
01[15:40] {@Threei}  sheesh... guess
[15:40] {dptl} lol
01[15:40] {@Threei}  are there so many variants?
[15:40] {__chasj} need nick names to coordinate
01[15:41] {@Threei}  when we run low on vidka, we found out that we are practically locked behind the table, no way to go around
01[15:41] {@Threei}  so, he just climbed onto the table and stepped over everything and everyone,
01[15:41] {@Threei}  went to the bar counter,
01[15:42] {@Threei}  realized that he doesn't want to do that again,
[15:42] {nemo} I'm convalescing
01[15:42] {@Threei}  so he grabbed a few full glasses of vodka, neat
[15:42] {__chasj} come on expose yourselves lol
[15:42] {dptl} lol
01[15:42] {@Threei}  and here is the kicker:
01[15:42] {@Threei}  next day I had full frikin day seminar!
[15:42] {nemo} oh yeah, that chick's husband didn't like me
01[15:42] {@Threei}  I mean as a soeaker
01[15:42] {@Threei}  speaker
01[15:43] {@Threei}  no he didn't
[15:43] {nemo} I kept telling her to pay attention to her husband
[15:45] {nemo} this being sick shit sucks
01[15:45] {@Threei}  1:2  IWM
01[15:45] {@Threei}  while nurturing last 1/4, yesterday's portrait I made:
[15:45] {__chasj} i thought maybe the pic was of the reality crew. thats why my crazy questions.
01[15:45] {@Threei}
01[15:46] {@Threei}  just me and nemo, chas... girls are seminar attendees
[15:46] {nemo} BTFD as always, governments buying stocks  FED and all central banks expanding balance sheets
[15:47] {__chasj} is that nemo next to you?
[15:47] {dptl} lol
[15:47] {dptl} roflol
[15:47] {nemo} yeah, back when I was seeing if I could grow my gray hair long
[15:47] {nemo} it's very short now
01[15:48] {@Threei}  and when I was 30 lbs heavier than I am today
[15:48] {__chasj} i had blk hair , dyed it grey HAHA
[15:49] {Jenh} 3i, did you add the black background to the peacock pic?
[15:49] {nemo} My hair was really curly when I was younger, all I could do was grow an the gray was straighter, thought I'd see what would happen.
01[15:49] {@Threei}  it was pitch black, I darkened it just a tad
[15:49] {nemo} Got to my shoulders and said, "o.k. did that."
[15:50] {Jenh} oh, really? nice. it's a great pic.
01[15:50] {@Threei}  flash lit peacock up
01[15:50] {@Threei}  ty
[15:50] {Jenh} i was wondering how you could get such a dark background, but if it was already dark...
[15:50] {Jenh} ah ic
[15:50] {__chasj} must have been good vodka
[15:50] {nemo} Vad doesn't drink bad vodka
[15:51] {dptl} :)
01[15:51] {@Threei}  otherwise would have to isolate the bird in photoshop, and paint the rest black... doable too if needed, kust requires time
[15:51] {jfjf64} 118
[15:51] {jfjf64} explode
[15:51] {Jenh} yeah that's what i was wondering, if you had to go around each one of those feathers
01[15:51] {@Threei}  yikes
01[15:52] {@Threei}  I have just one life :)
[15:52] {Jenh} lol
[15:52] {__chasj} I couldn't handle another
01[15:53] {@Threei}  wow... someone just bought this for $80:
[15:53] {Jenh} ha, your life rough enough already chas?
01[15:53] {@Threei}  people need strangest images
01[15:53] {@Threei}  good thing I've got those
01[15:53] {@Threei}  btw, this is example of isolation in photoshop, jen
[15:53] {__chasj} good & bad times more good tho
[15:53] {Jenh} the peahen looks a little angry, but cute :)
[15:54] {Jenh} thanks, didn't know the word for it
01[15:54] {@Threei}  ok IWM
01[15:54] {@Threei}  do 1:3 and we are friends
[15:54] {nemo} Pahan?
01[15:54] {@Threei}  lol
[15:54] {dptl} lol..yep
[15:55] {jfjf64} me out ty
01[15:55] {@Threei}  I have 3 min more worth of patience
[15:55] {jfjf64} lol
[15:55] {jfjf64} see all tommorrow
[15:56] {dino} ty and gn
[15:56] {__chasj} bye all
[15:56] {Jenh} bye jf!
[15:56] {dptl} see ya tomorrow all :)
01[15:56] {@Threei}  thank you all
01[15:56] {@Threei}  have a great evening
01[15:56] {@Threei}  see you tomorrow
[15:56] {Jenh} gn everyone! ty
[15:56] {JoebiWan} ty cya all