Tuesday, November 25, 2014

Nov 25 2014

Very quiet day, slightly positive but with a few more stops than we prefer. Short week...


Session Time: Tue Nov 25 00:00:00 2014
[08:57] {JoebiWan} gm
01[08:58] {@Threei}  jw :)
01[08:58] {@Threei}  chas, you can drop the _
01[08:58] {@Threei}  log in without it
[09:08] {dino} gm
01[09:10] {@Threei}  dino :)
[09:13] {dino} 8-10" of snow hitting me starting tomorrow
[09:13] {RonS} gm...go inside?
[09:13] {dino} lol
01[09:14] {@Threei}  lol
01[09:14] {@Threei}  ron :)
[09:16] {Jenh} gm
01[09:16] {@Threei}  jen :)
[09:17] {RonS} dino wday...they beat...
[09:18] {dino} ty on screen
[09:18] {RonS} got +1.10 wday pre already...
[09:18] {JoebiWan} gj ron
01[09:18] {@Threei}  is this legal?
[09:18] {__chasj} gm
01[09:19] {@Threei}  chas :)
01[09:19] {@Threei}  chas, go in without _
01[09:19] {@Threei}  log in
[09:19] {Jenh} gj
[09:19] {__chasj} 3i got your message
[09:20] {RonS} qihi spike
[09:20] {RonS} qihu
01[09:20] {@Threei}  just log out and log back in again as chasj
[09:20] {__chasj} ok
01[09:21] {@Threei}  much better
[09:21] {dptl} good morning all
[09:22] {dino} wtg ron
01[09:22] {@Threei}  dp :)
[09:23] {dino} vxx app 52 week low
[09:24] {chasj} 3i can u set my time in the room to eastern time rather than mountain time?
01[09:24] {@Threei}  I don't set it
[09:25] {chasj} oh ok
01[09:25] {@Threei}  it takes time from your comouter clock
01[09:25] {@Threei}  computer
[09:25] {chasj} ok thx
[09:26] {nemo} I feel like puppy poop
01[09:26] {@Threei}  so, back to normal
[09:26] {RonS} lol
[09:26] {pamsv} hi all
01[09:26] {@Threei}  pam :)
[09:26] {nemo} and by the way...vodka doesn't really work as a decongestant, but I'll keep testing
[09:26] {JoebiWan} lol
01[09:27] {@Threei}  you need to pour it through the nostrils
01[09:27] {@Threei}  Upside:
01[09:27] {@Threei}  -DSKY+11% (earnings)
01[09:27] {@Threei}  -LIVE +11% (robust increase in traffic from recent mobile ad campaign)
01[09:27] {@Threei}  -LAKE +7.9% (press story re: high Ebola suit demand)
01[09:27] {@Threei}  -VMEM +7.8% (earnings)
01[09:27] {@Threei}  -DSW +7.0% (earnings)
01[09:27] {@Threei}  -NUAN +5.3% (earnings)
01[09:27] {@Threei}  -PBR +5.3% (Citigroup upgrade)
01[09:27] {@Threei}  -QIHU +4.8% (earnings)
01[09:27] {@Threei}  -KANG +4.7% (earnings)
01[09:27] {@Threei}  -TIF +3.7% (earnings)
01[09:27] {@Threei}  -CBRL +3.1% (earnings)
[09:27] {nemo} nah, my nose has never been the same since the 70's
01[09:27] {@Threei}  Downside:
01[09:27] {@Threei}  -XCRA -9.0% (earnings)
01[09:27] {@Threei}  -WDAY -8.7% (earnings)
01[09:27] {@Threei}  -POST -7.5% (earnings)
01[09:27] {@Threei}  -P -4.8% (brokerage downgrades)
01[09:27] {@Threei}  -YGE -4.7% (earnings)
01[09:27] {@Threei}  -CYBR -4.3% (brokerage downgrades)
01[09:27] {@Threei}  -BRCD -4.2% (earnings)
01[09:27] {@Threei}  -DGLY -3.9% (potential profit taking from Ferguson)
01[09:27] {@Threei}  -DANG -2.3% (earnings)
01[09:28] {@Threei}  -MDGN -10% (secondary pricing)
[09:30] {jfjf64} morning
01[09:30] {@Threei}  jf :)
01[09:31] {@Threei} Short Setup: P  .10 break hl
01[09:31] {@Threei}  If holds  .20
01[09:33] {@Threei}  ,eh
[09:33] {RonS} sig smokin
01[09:33] {@Threei}  and DANG...?
[09:33] {RonS} shoes runnin...bws dsw
01[09:34] {@Threei}  rinse P
01[09:34] {@Threei}  grrr
01[09:35] {@Threei} Long Setup:  FB  .35 break
01[09:35] {@Threei}  If holds  .35
01[09:36] {@Threei}  change to .30
01[09:37] {@Threei}  If holds  .20
[09:37] {nemo} AAPL likely to try 120 and then pull back
01[09:38] {@Threei}  1:1
01[09:40] {@Threei}  O... another grrr
01[09:41] {@Threei}  got the idea right, but darn thing had to rinse first
[09:41] {dptl} p :)
01[09:41] {@Threei}  yeah, P
01[09:41] {@Threei}  "I am so disgusted with you, I can't even say your name"
[09:42] {dino} tif sm s .71b/s .01
01[09:42] {@Threei}  FB held SPY drop well
01[09:42] {@Threei}  must be a runner
01[09:43] {@Threei}  1:2
01[09:43] {@Threei}  let's try for 1:5
[09:43] {nemo} o.k. dino, ur good to go
01[09:44] {@Threei}  how come? 2 min more
[09:44] {nemo} I had 37 seconds
[09:44] {dino} yeah, jumped the gun again
06[09:44] * @Threei send nemo new watch
[09:45] {RonS} lake rising
[09:45] {nemo} Greg Lake?
01[09:46] {@Threei}  that's a third for ron this morning
[09:46] {RonS} is he dead?
[09:46] {nemo} don't think so
01[09:46] {@Threei}  sig smoking... shoes running... lake rising
[09:46] {jfjf64} im lost
[09:46] {nemo} as a matter of fact, he has done a lot of recording with Pete Townshend
01[09:46] {@Threei}  can't believe he omitted DANG though
01[09:48] {@Threei}  out FB on a trail
01[09:50] {@Threei} Short Setup: JPM  .40 break
01[09:50] {@Threei}  If holds  .50
[09:50] {chasj} IWM
[09:51] {dino} cov tif .71, +1.00
[09:51] {jfjf64} that a boy dino
[09:51] {JoebiWan} out tif +.55
[09:52] {JoebiWan} ty dino
[09:52] {dino} ty
01[09:52] {@Threei}  wtg
[09:52] {dino} gj joe
[09:53] {nemo} numbers at 10
[09:54] {dino} whats up w/gild last week or so, -15 or so?
[09:56] {RonS} thinking it's neg sentiment flow on high priced drugs...
01[09:56] {@Threei}  trail JPM to .46
[09:56] {dino} aeri spike
[09:57] {dino} dk ron, maybe call time on it
01[09:59] {@Threei}  *(US) NOV RICHMOND FED MANUFACTURING INDEX: 4 V 16E
[09:59] {jfjf64} die jp
01[09:59] {@Threei}  *(US) NOV CONSUMER CONFIDENCE: 88.7 V 96.0E
[10:01] {dino} numbers odd
[10:01] {RonS} how could the e be 96?
01[10:02] {@Threei}  - Expectations index: 87.0 v 93.8 prior (revised from 95.0)- Present situation index: 94.4 v 91.3 prior (revised from 93.0)- Those saying jobs are "plentiful": 16.0% v 16.5% prior- Those saying jobs are "hard to get": 29.0% v 29.2% prior (revised from 29.1% prior)- Prior consumer confidence revised lower from 94.5 to 94.1
01[10:02] {@Threei}  looks right
[10:05] {jfjf64} weird
[10:05] {jfjf64} jpm
[10:05] {jfjf64} ?
01[10:06] {@Threei}  ?
[10:06] {jfjf64} not following spy
01[10:06] {@Threei}  jf, you'll have to speak english... I barely understand that, let alone these modifications
[10:06] {jfjf64} lol
01[10:06] {@Threei}  it does
01[10:06] {@Threei}  1:1
[10:07] {jfjf64} ahh
[10:07] {jfjf64} love jpm
01[10:07] {@Threei}  1:2
01[10:07] {@Threei}  (close enough)
[10:07] {JoebiWan} brb
01[10:07] {@Threei}  it did same thing yesterday... sat for a while, then went fast
01[10:08] {@Threei}  it's a solid bank, you see... it would be unbecoming for it to jump as soon as we enter
[10:10] {RonS} dino:  Express Scripts covers 85 million patients and the list of drugs they won't buy is growing: http://bloom.bg/1vaWdiL
[10:12] {chasj} jpm, nice 1:3
[10:13] {chasj} thx 3i
01[10:13] {@Threei}  yw... but it's just 1:2 still
[10:14] {nemo} could argue jpm long .30 break here
01[10:14] {@Threei}  yeah, looks that way
01[10:14] {@Threei}  closed last 1/4
01[10:17] {@Threei}  wow FB
[10:17] {dptl} :)
[10:17] {jfjf64} going to 80.00
[10:20] {Jenh} thanks for jpm 3i!
01[10:20] {@Threei}  :)
[10:22] {dino} damn, should have stayed short tif
[10:23] {jfjf64} yep
01[10:26] {@Threei} Long Setup:  TWTR  .80 break
01[10:26] {@Threei}  If holds  .70
01[10:28] {@Threei}  what's with stubborn seller
[10:29] {dptl} heh
[10:29] {dino} fb luv
[10:29] {Jenh} darn twtr
[10:29] {Jenh} too quick
[10:29] {JoebiWan} anybody catch that?
[10:30] {dptl} only now
01[10:30] {@Threei}  in on pullback
01[10:30] {@Threei}  stop .74
[10:30] {dptl} on pull back
01[10:33] {@Threei}  meh
01[10:35] {@Threei}  hectic
01[10:36] {@Threei}  grr
[10:37] {dptl} a bit tight stop
[10:37] {chasj} double grr
[10:39] {jfjf64} vol spike tif
[10:40] {jfjf64} lod jpm
[10:41] {dino} gild gap 97
[10:42] {nemo} HD drops .30 should be good, especially if SPY tests other side of 207
01[10:44] {@Threei}  FB is unstoppable
[10:44] {dino} wday drop
[10:45] {nemo} aapl goog and fb are holding everything up
[10:45] {nemo} V
[10:45] {RonS} becn roof crashing
[10:46] {dino} too much snow on it
[10:46] {jfjf64} 107.49 s tif
[10:47] {RonS} post toastie
[10:48] {RonS} ...bet 3i doesn't get that one...
01[10:48] {@Threei}  sigh
[10:48] {jfjf64} pullbk fb
01[11:05] {@Threei} Short Setup: GDX  .85 break
01[11:05] {@Threei}  If holds  .90
[11:10] {RonS} someone bought 34k xle puts 12/5 85's for .95...3.23 mil bet
[11:12] {RonS} bet? probably the Saudi's are front running them blowing up the price of oil
01[11:13] {@Threei}  or Putin
01[11:31] {@Threei} Long Setup:  IWM  .80 break
01[11:31] {@Threei}  If holds  .70
[11:31] {dino} upld spike
01[11:39] {@Threei}  stop to .74
01[11:42] {@Threei}  half out IWM
01[11:42] {@Threei}  stop to .79
[11:43] {dino} ndrm drop
01[11:43] {@Threei}  1:1
[11:46] {nemo} wow...they had a barbecue in Ferguson last night
[11:46] {dino} yeah, no respect for rule of law
[11:46] {nemo} well, there's no respect for it at the top of the food chain either
[11:47] {nemo} problem there is all they are doing is screwing themselves
[11:47] {chasj} nemo that is true
01[11:47] {@Threei}  lesson from USSR... those who own nothing value nothing
[11:48] {nemo} old chinese saying:  "Steal a hook, hang as a crook, steal a kingdom, be made a duke."
[11:48] {dino} my point is that the mob had it planned to riot on any decision that went with police.
[11:48] {nemo} I understand dino
[11:48] {dino} mob wasn't about right or wrong
[11:49] {nemo} nope
[11:49] {nemo} http://goo.gl/SRSHQh
[11:58] {jfjf64} sad
[12:00] {jfjf64} lock +load
[12:16] {dino} wday sm l .50
01[12:18] {@Threei}  1:1  GDX
[12:18] {JoebiWan} gdx paysheints
[12:22] {jfjf64} fb .25 break
01[12:25] {@Threei}  The very good third quarter US GDP numbers gave markets a real sugar rush this morning, putting US futures in the black and sending European shares out to their highs. The rush did not last and the S&P500 is in the red at its lows and Europe has given up some or all of their gains.
01[12:25] {@Threei}  All eyes are on Vienna this morning, where oil ministers from Saudi Arabia, Russia, Mexico and Venezuela met for talks ahead of the official OPEC meeting on November 27th. The four nations reportedly agreed to meet regularly to "monitor" oil prices but did not agree to a collective production cut. Interestingly, Rosneft CEO Sechin said that even oil prices falling below $60/bbl would not force Russia to cut production.
01[12:26] {@Threei}  After running up as high as $76.60 before the meeting, WTI crude futures dropped back below $74 when it became clear the nations would not agree to cut.
[12:26] {dino} out wday .90, +.40
[12:28] {JoebiWan} gj dino
01[12:31] {@Threei}  http://postimg.org/image/klxuy04il/
[12:34] {dino} ty
[12:36] {chasj} 3i, has to be Buffalo
01[12:36] {@Threei}  I like to think of it as "anywhere but Victoria"
01[12:37] {@Threei}  at least as far as Canada is concerned
[12:37] {chasj} lol
01[13:03] {@Threei} Long Setup:  FB  .30 break
01[13:03] {@Threei}  ugh, late
01[13:03] {@Threei}  see if pyulls back
[13:04] {nemo} AAPL
[13:04] {chasj} too late
01[13:05] {@Threei}  got away
[13:06] {nemo} AAPL GOOG FB were carrying the market this morning
[13:09] {nemo} aapl .10 break
[13:10] {nemo} stop under .00
[13:10] {nemo} stop to BE
[13:10] {nemo} should get .40
[13:11] {nemo} gawd I feel like doo doo
[13:11] {jfjf64} that a boy nemo
[13:11] {jfjf64} or doo doo
[13:11] {jfjf64} what ever prefer
[13:12] {nemo} stop to .05
[13:14] {nemo} partialing @.39
[13:14] {dino} zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz
[13:14] {nemo} stop to .08
[13:16] {nemo} stop to .18
[13:16] {nemo} sorry, I'm out of it this week...I haven't been this sick in I don't know how long
[13:17] {nemo} stop to .18
[13:17] {nemo} right...said that
[13:17] {jfjf64} yes doo doo
[13:17] {jfjf64} good job
[13:17] {nemo} if it gets above .50 and holds, stop to .44
[13:17] {jfjf64} ty
[13:18] {nemo} this high right here is crucial
[13:18] {nemo} imo
[13:18] {nemo} end of the world kinda' shit
[13:18] {jfjf64} why
[13:19] {nemo} If I tell you...
[13:19] {nemo} ya' know the rest
[13:19] {nemo} one can make an argument for .34 stop
[13:20] {nemo} if you want to play the averages for a bigger gain, set stop to .18
[13:20] {nemo} you're profitable on a holiday week so...WTF!
[13:21] {jfjf64} stop .34
[13:21] {nemo} if aapl breaks this high.  .65 likely
[13:24] {nemo} stop remains, pubic hair stop to .28
[13:25] {jfjf64} what ya use fibs
[13:25] {nemo} sometimes, but not in this case
[13:25] {nemo} you can raise loose stop to .20
[13:27] {jfjf64} im starving see ya hour
[13:27] {nemo} thanks for the warning
[13:27] {jfjf64} vg no 1:4 till I ge back
[13:27] {nemo} just set stop orders
[13:27] {nemo} one cancels other
[13:27] {jfjf64} never
[13:28] {jfjf64} afraid that
[13:28] {nemo} fine, stick a carbide drill up ur  . . . .!
[13:28] {jfjf64} im out .34
[13:28] {nemo} I suggest you play with them, they work
[13:29] {jfjf64} ya sound like ya old self nemo
[13:29] {jfjf64} ya coming around
[13:29] {jfjf64} some more hot brandy
[13:29] {jfjf64} look this aapl
[13:30] {nemo} o.k. tight stop to .24, loose stil .18
[13:30] {nemo} aapl gets above these highs another .30 coming
[13:32] {nemo} stop .24
[13:32] {nemo} this is looking like a double top
[13:34] {nemo} low of .28, sheesh
[13:34] {nemo} aapl holds above .26 it goes
[13:34] {nemo} .46
[13:37] {nemo} this could be a bull flag on AAPL but you'l have to be willing to lower your stop
[13:40] {dptl} dal .30 break long may be
[13:42] {nemo} if you held aapl, stop below .15
[13:42] {nemo} needs to hold above .45ish
[13:46] {jfjf64} .55 break fb short
[13:47] {nemo} ahhh well, so much for the appl of our eye
[13:48] {jfjf64} did great job nemo
[13:49] {nemo} ty
[13:49] {nemo} one of my broken clock moments
[13:49] {nemo} FB is two way
[13:49] {jfjf64} just thinkin follow aapl
[13:49] {jfjf64} d top
[13:50] {nemo} you're short is correct, but above this high is long
[13:50] {jfjf64} looks higher
[13:50] {jfjf64} vol
[13:51] {nemo} look at 30 min
[13:51] {nemo} C&H
[13:52] {nemo} SPY IWM Looking short
[13:55] {jfjf64} .60 break
[13:55] {jfjf64} lower risk
[13:55] {jfjf64} worth shot
[13:57] {nemo} IWM weak, spy not so qqq iffy
[13:57] {nemo} tought calls
[14:00] {jfjf64} ya with me nemo
[14:00] {nemo} watching FB
[14:00] {nemo} still two way
[14:00] {jfjf64} .59 short me
[14:01] {nemo} Relative volume week, but not that week.  Today more treacherous than it looks
[14:02] {jfjf64} 1:1
[14:09] {jfjf64} thought I be hittin more stops on way down
[14:10] {nemo} see what I mean by treacherous?  Shorts favor high volume conditions
[14:11] {nemo} we've got negative 20 day relative volume...yesterday as a percentage of SPY price was one of th lowest relative range days in 5 years
[14:11] {nemo} shorts are a slog
[14:15] {dptl} see ya tomorrow all :)
[14:15] {jfjf64} enjoy dp
[14:16] {Jenh} bye dp!
[14:25] {jfjf64} see all tommorrow
01[14:25] {@Threei} Long Setup:  VXX  .15 break
01[14:25] {@Threei}  If holds  .05
01[14:25] {@Threei}  take care jf
01[14:25] {@Threei}  no crying if it does 1:3
[14:25] {jfjf64} I aint leavin yet
[14:26] {jfjf64} preesure on vg
01[14:26] {@Threei}  too late, you saud you were
01[14:26] {@Threei}  now you have to
01[14:45] {@Threei}  ok market, time to drop
[14:46] {nemo} btw...James Cromwell is one of the more underrated actors
01[14:47] {@Threei}  and scented candles have the most inpleasant smell
01[14:47] {@Threei}  (since we spew out random phrases having nothing to do with anything)
[14:48] {dino} no bones in ice cream
[14:48] {RonS} tough crowd...
01[14:48] {@Threei}  and Neanderthals were bad at drawing
01[14:49] {@Threei}  man, the educational value of this room is beyond comprehension
[14:49] {nemo} No...
[14:50] {nemo} life is about moments being indescribable...else they are mundane, and most of life is mundane...funny hearing such bullshit from a photographer/artist such as you...;-)
[14:51] {jfjf64} jf is peein his pants
[14:51] {jfjf64} lol
01[14:51] {@Threei}  nemo, you owe jf new pants
[14:52] {nemo} I'll buy him a box of Depends
[14:52] {jfjf64} oh thanks can lend to vg
[14:54] {nemo} Internet is a funny thing..impersonal, distant, disconnected...yet the paradox is....sometimes, we can connect with the core of all things.
01[14:54] {@Threei}  like, with server?
[14:54] {nemo} I have yet to be taught the proper Russian response
01[14:55] {@Threei}  nah, simple "smart a**" will do
[14:55] {jfjf64} lol
01[14:56] {@Threei}  this is not the case for heavy artillery
[14:56] {RonS} lol
[14:56] {nemo} nice cover Vad
[14:56] {jfjf64} common one hour of sellin
[14:57] {jfjf64} maybe to much to ask
[14:57] {jfjf64} 10 min
[15:01] {RonS} Canada is experiencing a shortage of cowboys.
[15:01] {RonS} $LAKE CEO Christopher Ryan said "the rush of Ebola-related orders “has led to a material improvement in our business”
01[15:02] {@Threei}  VXX stop .09
01[15:02] {@Threei}  was 1 cent from 1:1
[15:08] {RonS} lol...Louisville Coach Rick Pitino "Played Four White Guys and an Egyptian" to Try and Avoid Embarrassing a Team
[15:10] {RonS} "If I don't have any hand sanitizer with me, I'll pour a little vodka on my hands. Vodka's high alcohol content makes it a great disinfectant."
[15:14] {dino} saw that earlier ron, what a waste of vodka
[15:15] {RonS} from a flight attendant...probably stealing the booze from the airline...
[15:19] {dino} casy partial fill, l .40
[15:20] {pamsv} cheers guys - cya
[15:20] {nemo} LVS here
01[15:21] {@Threei}  take care pam
[15:23] {RonS} lol...hope that's not my wife...
[15:23] {dino} cya pam
01[15:29] {@Threei} Long Setup:  IWM  .05 break
01[15:29] {@Threei}  If holds  .95
[15:40] {chasj} IWM ouch !!!
01[15:41] {@Threei}  ?
[15:43] {chasj} got stopped out at 117.95, isn't that ere the stop was to be?
[15:43] {chasj} ere-Were
01[15:43] {@Threei}  yes... but why three exclamation marks, as if you got stopped $1 lower?
[15:44] {chasj} just a newbie, what can I say, but had a good day.
[15:44] {JoebiWan} dino 81 stop casy?
[15:45] {dino} chas lol
01[15:45] {@Threei}  stop is stop, take it and forget it
01[15:45] {@Threei}  no emotions
[15:45] {dino} joe yeah
[15:45] {chasj} gotcha
[15:48] {RonS} ...no joy in mudville...
[15:50] {dino} hsic spike
01[15:50] {@Threei}  Ok guys, boring day
01[15:50] {@Threei}  short week is short week
01[15:51] {@Threei}  thank you all, have a great evening
01[15:51] {@Threei}  see you tomorrow
[15:51] {Jenh} thanks 3i!
[15:51] {Jenh} gn everyone
[15:51] {chasj} nite all
[15:51] {dino} cut it joe
[15:51] {JoebiWan} yeah did..
[15:51] {JoebiWan} cya all ty
[15:51] {dino} out .12 -.28
[15:51] {JoebiWan} -.24
[15:52] {chasj} thx Vad
[15:55] {nemo} too bad...cat bounce here