Thursday, December 4, 2014

Dec 04 2014

Negative day for us - has to happen once in a while.  Patterns just didn't work. Second half of the day allowed to recover some of the loss but not erase it completely.


Session Time: Thu Dec 04 00:00:00 2014

[08:55] {dino} gm 3i
01[08:55] {@Threei}  morning dino
[09:00] {dptl} good morning
01[09:00] {@Threei}  dp :)
[09:02] {RonS} gm...how's tricks?
01[09:03] {@Threei}  ron :)
01[09:04] {@Threei}  pretty good
[09:07] {RonS} hearing crude $49 in No Dakota...
01[09:07] {@Threei}  ouch
[09:09] {RonS} test...arry lighting it up....
01[09:10] {@Threei}  lol
[09:19] {JoebiWan} gm
01[09:19] {@Threei}  jw :)
[09:21] {ese} gm
01[09:22] {@Threei}  ese :)
01[09:22] {@Threei}  GDX got slammed yesterday at the close... goldbugs went livid
[09:23] {ese} why?  whats up with gold vad
01[09:23] {@Threei}  who knows
[09:23] {RonS} no more glitter?
01[09:23] {@Threei}  main thing is, it's not really needed
[09:23] {jfjf64} morning all
01[09:23] {@Threei}  what ron said :)
[09:23] {pamsv} hi all
01[09:23] {@Threei}  jf :)
01[09:23] {@Threei}  pam :)
01[09:24] {@Threei}  it used to be an insurance against world crashing down
01[09:24] {@Threei}  that fear has long gone
01[09:24] {@Threei}  but nobody told goldbugs
[09:24] {ese} the banks gonna keep cash for reserves now instead of gold
01[09:24] {@Threei}  they still wait for the world to end
01[09:25] {@Threei}  and continue that talk about "paper money being worthless"
[09:25] {ese} maybe mortgage certificates for reserves
01[09:25] {@Threei}  yet incapable of pointing out any single store where they cvould pay wioth gold and not with paper money
[09:26] {cosmo} how bout silver then?
01[09:26] {@Threei}  what about it?
[09:27] {cosmo} better for money exchange
01[09:27] {@Threei}  shrug
[09:27] {cosmo} sigh
01[09:27] {@Threei}  somple concept: world is not ending
01[09:27] {@Threei}  simple
[09:27] {nemo} bummer
01[09:27] {@Threei}  inflation is not going rampant
[09:28] {cosmo} yet
01[09:28] {@Threei}  world is not going to gold standard
[09:28] {nemo} but Vad...that's REALMONEY
01[09:28] {@Threei}  if inflation explodes, gold won't be your first worry
01[09:28] {@Threei}  or second
[09:28] {nemo} no, ammo will be
01[09:28] {@Threei}  and food
[09:29] {cosmo} I'm going with zinc
[09:29] {nemo} that's what the ammo is for..plenty of neighbors to eat
01[09:29] {@Threei}  lol
[09:29] {ese} stock certificates you fools!!!!
01[09:30] {@Threei}  lol
01[09:30] {@Threei}  are they chewy or crunchy?
[09:30] {ese} lol
01[09:31] {@Threei} Long Setup:  JPM  .20 break
01[09:31] {@Threei}  If holds  .10
01[09:31] {@Threei}  change to .10 break
01[09:31] {@Threei}  ugh, too fast
01[09:32] {@Threei}  let it be for now
[09:32] {nemo} YHOO
01[09:32] {@Threei} Long Setup:  FB  .75 break
01[09:32] {@Threei}  If holds  .65
01[09:32] {@Threei}  1:1
[09:33] {dptl} to fast
01[09:33] {@Threei}  JPM .20 again
01[09:33] {@Threei}  valid
01[09:35] {@Threei}  no go
[09:35] {dptl} out
[09:35] {dptl} jpm
[09:36] {RonS} tasr zapping shorts
[09:37] {nemo} ahhhh...the drought is over
01[09:37] {@Threei}  Upside:
01[09:37] {@Threei}  -ARRY +24% (regains worldwide rights to Binimetinib and up to $85M upfront payment from NVS)
01[09:37] {@Threei}  -HE +15% (deal with NEE; price target increase premarket)
01[09:37] {@Threei}  -ENB +13% (FY15 initial guidance)
01[09:37] {@Threei}  -PLUG +12.3% (signed $20M multi-year fuel cell contract)
01[09:37] {@Threei}  -AVGO +7.7% (earnings & positive broker commentary premarket)
01[09:37] {@Threei}  -SHLD +3% (earnings)
01[09:37] {@Threei}  Downside:
01[09:37] {@Threei}  -KIN -31% (update on AtoKin & Atopic Dermatitis program)
01[09:37] {@Threei}  -GIL -16% (earnings)
01[09:37] {@Threei}  -ARO -14% (earnings)
01[09:37] {@Threei}  -EXPR -12% (earnings)
01[09:37] {@Threei}  -UTIW -12% (confirmed talks with DSV but not in current discussions)
01[09:37] {@Threei}  -BKS -9% (earnings)
01[09:37] {@Threei}  -CBK -7.6% (earnings)
01[09:39] {@Threei} Short Setup: GDX  .50 break
01[09:39] {@Threei}  If holds  .60
[09:44] {dino} vrnt sm l .02
01[09:44] {@Threei} Long Setup:  FB  .50 break
01[09:44] {@Threei}  If holds  .40
01[09:46] {@Threei}  no go GDX
[09:46] {dptl} out gdx
[09:48] {dptl} shoot..out fb
01[09:49] {@Threei}  nor FB
01[09:49] {@Threei}  hmmm... not my morning
[09:50] {dino} out vrnt .42, +.40
[09:56] {dino} unfi sm l .95
[09:57] {ese} vrnt classic dino....nice one
[09:58] {dino} ty
[09:58] {jfjf64} what made ya get out dino
01[09:59] {@Threei} Long Setup:  TWTR  .50 break
01[09:59] {@Threei}  If holds  .40
[10:00] {dino} trade the plan
01[10:01] {@Threei}  change to .40 break
01[10:01] {@Threei}  If holds  .30
[10:03] {dptl} out
[10:04] {dptl} almost stoped out for the day
[10:05] {jfjf64} have a shot vodka dp
[10:05] {jfjf64} works
01[10:05] {@Threei} Long Setup:  FB  .35 break
01[10:05] {@Threei}  If holds  .25
01[10:08] {@Threei}  Invalidated
[10:09] {dino} stop unfi .71 -.24
[10:13] {dptl} dal
01[10:16] {@Threei}  (GR) EMU reportedly considering extending the Greece bailout program by a period of 6 months - financial press - International lenders and the government are still negotiating what Athens must do to get the remaining 1.8 billion euros and secure a back-up credit line for after the bailout ends and Greece returns to market financing.
01[10:16] {@Threei}  lol
[10:17] {dino} that bailout will never end
[10:17] {dino} unfi sm l .03
[10:21] {dino} brb
[10:25] {dino} unfi stop -.72 -.30
[10:25] {JoebiWan} -.42 here dino
[10:28] {dino} odd, beats and confirms
01[10:36] {@Threei} Long Setup:  IWM  .60 break
01[10:36] {@Threei}  If holds  .50
01[10:37] {@Threei}  Invalidated
01[10:40] {@Threei} Long Setup:  IWM  .40 break
01[10:40] {@Threei}  If holds  .30
01[10:42] {@Threei}  shrug
01[10:42] {@Threei}  I should have stayed in bed today
[10:55] {ese} have a stiff one......it'll ease the pain
[10:56] {nemo} not at your age
[10:56] {ese} L nok .164523 full one
[10:56] {ese} for those of you who like accuracy of course
[10:57] {dino} lol
[10:57] {ese} stop .00000000
[10:58] {ese} once again highlighting the accuracy part
[11:01] {ese} this would be considered an aggressive entry......the sideways channel high is .73
[11:02] {ese} or 2 ½ consolidation if you will
[11:02] {ese} month
[11:08] {ese} i'm up $21.00after commish......awesome
[11:09] {nemo} NSC
[11:10] {nemo} sheesh .35 break jumps to .43
[11:10] {nemo} should test 109
01[11:12] {@Threei} Short Setup: SLW  .45 berak
01[11:12] {@Threei}  If holds  .55
[11:14] {nemo} frickin' NSC
[11:16] {ese} hey!!!!!....it's just a stock buddy....it can't hear ya
[11:16] {nemo} really?  ur kidding?  nfw?
[11:16] {ese} ese....now cowering and looking away from screen
[11:17] {ese} expecting retribution of the highest degree
[11:17] {nemo} wait til' I get there...you might want to lube up your gong mallet
[11:18] {ese} rotflol..........!!!!1
[11:18] {ese} and......
[11:18] {ese} I do have one of those
[11:18] {nemo} yeah, I'll pick up a present from the Zildjian factory for ya'
[11:18] {nemo} they're right around the corner
[11:19] {ese} oh ya....it is out there.....are you that close nemo?
[11:19] {nemo} half hour, 45 minutes at most
[11:20] {ese} hmmmmmmm....this is good to know
[11:20] {ese} although....am playing most Sabian these days......after the brothers had there scrap and split up.....the one started Sabian in Canada
[11:21] {nemo} when I was working computer ops in Rockland, MA the UPS guy had Zildian on his route.  I'd hope in his truck periodically and see who was buying...saw lots of reconizable names on packages
[11:21] {nemo} Yeah, was it Canada or Connecticut where he started?
[11:21] {ese} Canada
[11:21] {ese} hmmmmmm now ya got me thinkin
[11:21] {ese} ya I think Canada
[11:21] {ese} out east
[11:22] {ese} L 2k more nok .165
[11:23] {ese} avg nok .1647615
[11:24] {dptl} long vlo
[11:24] {ese} for those of you who like accuracy
[11:24] {dino} unfi last try sm l .02
01[11:27] {@Threei}  51?
[11:27] {dptl} ye
[11:27] {dptl} just 100 sh...cant do more or will stop for the day
[11:28] {dptl} also grabed luv at .31 long
01[11:29] {@Threei}  ok, dp calls them today
01[11:29] {@Threei}  doing much better than I
[11:32] {dptl} out lvo here
01[11:32] {@Threei}  2 1:2ers
06[11:32] * @Threei hands dp a prize to be determined yet
[11:32] {nemo} u mean vlo you drunk?
[11:33] {dptl} cant partial just trailing them
[11:36] {dptl} ye vlo Nemo
[11:36] {nemo} NSC again
[11:44] {dino} w drop
[11:51] {dptl} thinking to add luv on .60 break
[11:52] {nemo} "thinking"?
[11:52] {dptl} lol...ok planning :)
[11:53] {dptl} trailing .49
[11:54] {dptl} yeah...:)
[11:55] {dptl} added another 100
[11:56] {dptl} same stop .49
[11:56] {nemo} could argue index shorts here, but might only be to vwap]
[12:00] {dptl} to .59
[12:01] {nemo} opening range resistance on SPY and IWM
[12:05] {ese} am outta here...still long NOK stop is in cya
[12:05] {dptl} watching dal here
[12:06] {nemo} you like to watch dp?
[12:09] {dptl} long dal
[12:09] {dptl} luv to .64
[12:11] {dino} unfi gonna bang vwap
[12:11] {dptl} out luv
[12:12] {RonS} https://www.youtube.com/watch?v=JWdZEumNRmI
01[12:13] {@Threei}  that was a good trade, well managed, dp
[12:13] {nemo} wow
01[12:13] {@Threei}  lol ron!
[12:13] {nemo} Ron
[12:13] {dptl} ye..ty
[12:13] {RonS} hehe
[12:13] {nemo} ur a coupla' sandwiches short of a pic nic
[12:14] {dptl} lol
[12:15] {dino} pam dcc
[12:17] {pamsv} oh cheers
[12:17] {dino} i replied to you
[12:18] {dino} unfi stop to .82
[12:19] {dino} out unfi ave .83, +.81
[12:19] {JoebiWan} wtg
01[12:19] {@Threei}  nice
[12:20] {dino} ty
[12:20] {dptl} added more to dal stop to under .45
[12:32] {dptl} added another 100
[12:32] {nemo} gota be news
[12:32] {nemo} ECB QE for January
01[12:32] {@Threei}  (EU) ECB said to be considering the preparation of a broad QE package for the January meeting - financial press (related EUR/USD EUECB)
01[12:33] {@Threei}  package could include all sorts of bonds including sovereigns, but not equities; no specific package designed yet
[12:34] {nemo} it'll include everything...they're liars first
[12:41] {nemo} well, that's it for index shorts ;-)
01[12:43] {@Threei}  Real Apple Store: http://s9.postimg.org/8caqupp27/aaa.jpg
[12:43] {dptl} lol
[12:44] {dino} nemo, thx, took .30 out of nsc
[12:47] {nemo} I'd say indexes short here, but Draghi might fart
[12:47] {nemo} I feel a DKTK coming on
[12:48] {dptl} stop to under .54 dal
01[13:02] {@Threei} Long Setup:  OWM  .30 break
01[13:02] {@Threei}  If holds  .20
01[13:02] {@Threei}  IWM
[13:03] {nemo} after that candle?
01[13:04] {@Threei}  it forms consolidation
01[13:04] {@Threei}  if pulls back far enough we will switch to aggressive entry
01[13:05] {@Threei}  change to .25 break
01[13:06] {@Threei}  change to .20
01[13:06] {@Threei}  If holds  .15
[13:07] {dptl} added more dal..stop under .65
01[13:07] {@Threei}  I would move to .69 here, dp
01[13:08] {@Threei}  rusty, see pm please
[13:08] {dptl} my avar. price is .63
01[13:08] {@Threei}  so what
01[13:08] {@Threei}  trailing is done per chart, not your purchasing price
01[13:09] {@Threei}  .70 is closest support now
[13:09] {dptl} ok
01[13:10] {@Threei}  .74 now
01[13:10] {@Threei}  gotta start choking it
01[13:10] {@Threei}  rusty
01[13:10] {@Threei}  answer private message please
01[13:13] {@Threei}  man... you know how I like to be ignored, right?
[13:13] {nemo} steel toe boot
[13:13] {nemo} don't let the door crush ur skull on the way out
01[13:14] {@Threei}  .79, dp
[13:14] {dptl} ok
[13:15] {nemo} yhoo looks short
[13:19] {dptl} out dal
[13:20] {nemo} now it doesn't
[13:22] {dptl} was $30 from stopping for a day....with dal luv and vlo, managed to get over $100 back playing 100sh....lol
01[13:41] {@Threei}  (CA) Canada PM Harper: Will continue to support automotive industry - It is difficult to gauge the impact from oil prices on Canada budget- Confident it will reach a budget surplus next year- Reminder: On 11/25 (CA) Canada Finance Ministry: forecasting 2015-2016 surplus of C$1.6B, and C$4B in 2016-2017
[13:50] {RonS} how quaint...talking about billions...
01[13:51] {@Threei}  that's us
[13:59] {dptl} watching dal for possible short .70 break
[14:00] {dino} out remainder unfi 77.18, +2.16
[14:00] {JoebiWan} nice job
[14:01] {dino} ty
[14:02] {nemo} CREE
[14:04] {dptl} .20 long?
[14:04] {nemo} break of
[14:04] {nemo} tight stop
[14:04] {nemo} would like market going up too
[14:05] {nemo} holds this .15 and goes, looks good
[14:06] {nemo} whaddya' think Vladymus
[14:08] {dptl} vlo breaking 52
[14:09] {JoebiWan} sdrl lod
[14:09] {nemo} gotta' be a Ronism in there somewhere
[14:09] {dptl} will try dal short wth .76 stop
01[14:10] {@Threei}  can't tell CREE
[14:10] {nemo} yeah, getting murkier losing support, but probably 34 bounce
[14:12] {nemo} IWM .10 break Vad?
01[14:13] {@Threei}  I like
[14:13] {nemo} pivot .04
[14:21] {nemo} ok I'm not so sure about this call anymore
[14:22] {nemo} not that I was sure about a call
01[14:22] {@Threei}  SPY is glued
01[14:24] {@Threei}  looks better
[14:25] {nemo} looks worse
01[14:25] {@Threei}  even worser
[14:26] {nemo} perhaps worsest
01[14:26] {@Threei}  not yet
01[14:26] {@Threei}  under 117 will be worstest
[14:26] {nemo} spy and fas look short
[14:28] {nemo} well this is bottom of iwm range
01[14:30] {@Threei}  nope
[14:30] {nemo} well this WAS the bottom of iwm range
[14:34] {dptl} half out dal
01[14:38] {@Threei}  digging out eh dp? trade by trade...
[14:38] {nemo} Sung to the Jesus Christ Superstar song "Day by Day"
[14:39] {dptl} yeah...but its tought..:)
[14:39] {nemo} or was that the other Musical that came out about the same time
[14:39] {nemo} ahhh Godspell
[14:41] {nemo} never quite sure in this market whether I'm having a internet hiccup or not
[14:50] {dino} markets dead lately
[14:51] {nemo} no catalysts to propel it higher other than talk
[14:51] {nemo} hard to buy up and stick your head out of the ground, and no real reason to sell either with the CB puts in place
[14:51] {nemo} volume has been pathetic
[14:51] {pamsv} thanks all - cu
[14:52] {dino} reminds me of summer trading, unfortunately. december used to offer a lot of action
[14:52] {nemo} was it something I said?
[14:53] {RonS} didn't shower?
01[14:53] {@Threei}  since halloween
[14:54] {nemo} I'm a musky fellow
[14:54] {nemo} algo is basically dead
[14:55] {nemo} NSC volume
[14:58] {dino} cybr drop
01[15:03] {@Threei}  (US) House of Reps passes legislation to rescind President Obama's executive order on immigration - Senate has already indicated it would not take up the bill and Obama said he would veto it if it made it to his desk- Legislation designed to 'rebuke' the President on the immigration order
01[15:16] {@Threei} Short Setup: JPM  .30 break
01[15:16] {@Threei}  If holds  .40
[15:16] {nemo} holy shitl look at that chart
[15:16] {nemo} frickin hft algo heaven
01[15:20] {@Threei}  ugh... thought of VXX .45
01[15:20] {@Threei}  would have been the best
[15:20] {dptl} dal 1:2 out a bit more
01[15:20] {@Threei}  1:1  JPM
01[15:21] {@Threei}  hey, I won one!!
[15:21] {dptl} missed jpm ..placing orders
01[15:22] {@Threei}  I don't care, I print this trade and slap ot on forhead of teddy bear which I tjke to the bed with me today
01[15:22] {@Threei}  it will console me throiugh the sleepless night filled with tears
01[15:23] {@Threei}  ugh VXX... seriously got away
[15:25] {nemo} I've got stop just above vwap, but this might have been the rinse before the 3:30 ramp
[15:28] {dptl} 1:3 dal out more
[15:29] {nemo} right up to VWAP
[15:30] {dptl} trailing last piece of dal
[15:30] {dptl} all the way to 46..:)
[15:30] {nemo} 3:30
[15:30] {nemo} and out
[15:31] {dptl} stop .47
[15:33] {dptl} out
[15:35] {dptl} done with dal
01[15:36] {@Threei}  did well with digging out, dp
01[15:36] {@Threei}  very disciplined
[15:37] {dptl} recovered half of morning losses :)
[15:37] {dptl} trade by trade :)
[15:37] {dino} gj
[15:38] {dptl} ty
[15:38] {JoebiWan} nice dp
01[15:38] {@Threei}  you know what they say
01[15:38] {@Threei}  it's not about how you make money
01[15:38] {@Threei}  it's about how you lose it
01[15:38] {@Threei}  that's what separates men from boys
01[15:39] {@Threei}  me, I am going to cry manly hugging my teddy bear
[15:40] {dptl} :)
01[15:42] {@Threei}  anyone ever cooked skate?
[15:44] {RonS} guessing everyone just let it slide....
01[15:44] {@Threei}  lol
[15:44] {nemo} mmhhhhh
[15:44] {dptl} lol
01[15:44] {@Threei}  whatever... if I get severe poisoning, you all will be sorry...
01[15:44] {@Threei}  (or not)
[15:44] {nemo} yep, was the flush before the ramp
[15:46] {dptl} gn all see you tomorrow....for a better day :)
01[15:46] {@Threei}  take care dp
01[15:53] {@Threei}  thank you all, have a good evening
01[15:54] {@Threei}  see you tomorrow