Friday, January 16, 2015

Jan 16 2015

Nice strong day to finish the week, especially thanks to three concluding plays - 1:4, 1:1 and 1:3. Nervous market, but manageable as the result shows.

Session Time: Fri Jan 16 00:00:00 2015
[08:47] {JoebiWan} gm
[08:48] {dino} gm
01[08:51] {@Threei}  morning guys
01[09:10] {@Threei}  dino, is it long term play or just overnight, your EWG calls?
[09:17] {RonS} gm... pcp smoked
[09:18] {dino} longer
[09:18] {RonS} fxcm... customers -$225 million on swiss franc move
01[09:18] {@Threei}  ron :)
[09:18] {dino} euro decision 1/22
01[09:18] {@Threei}  ok... too many moving parts, with Greece especially
[09:25] {dino} took ewg july calls, bought time
[09:26] {dptl} gm
01[09:26] {@Threei}  dp :)
[09:29] {ese} morning
01[09:30] {@Threei}  ese :)
01[09:32] {@Threei} Long Setup:  VXX  36 break
01[09:33] {@Threei}  If holds  .90 
[09:33] {ese} L flml .30
01[09:34] {@Threei}  no go
01[09:34] {@Threei}  [EUR/USD] EUR/USD Sets fresh multi year lows; EUR/CHF back at parity
01[09:35] {@Threei}  Upside:
01[09:35] {@Threei}  -CRRC +35% (take-over offer)
01[09:35] {@Threei}  -EOPN +15% (reportedly hired advisor to find a buyer for the company)
01[09:35] {@Threei}  -DEPO +8% (acquired US rights to NUCYNTA for $1.05B)
01[09:35] {@Threei}  Downside:
01[09:35] {@Threei}  -FXCM -85% (SNB decision fallout)
01[09:35] {@Threei}  -PCP -11% (earnings)
01[09:35] {@Threei}  -TESS -11% (earnings - low volume)
01[09:35] {@Threei}  -GCAP -5% (SNB decision fallout)
01[09:35] {@Threei}  -IBKR -3.8% (SNB decision fallout)
[09:35] {ese} out flml .75 +.44
[09:35] {dino} ibkr, due to swiss franc moves yesterday, several clients suffered losses in excess of their deposits, estimated at approx $120 million in losses
01[09:35] {@Threei} Short Setup: FB  .40 break
01[09:36] {@Threei}  If holds  .50 
[09:36] {nemo} shorts had a great week, looks like they're covering
[09:36] {ese} thats was your full fledged demonstration of BS luck there with flml
01[09:37] {@Threei}  1:1  
[09:37] {dino} ese, better lucky than good, gj
[09:37] {ese} ya thats for sure.......
[09:39] {ese} one of the few times when I chuck in a limit order that it actually fills properly and the price that i wanted as well bs luck
01[09:41] {@Threei} Long Setup:  TWTR  .60 break
01[09:41] {@Threei}  too wide spread for entry
01[09:41] {@Threei}  1:1, so back off
[09:42] {ese} and now for the good news...................?
[09:42] {ese} waitin for it aren't ya.................?
01[09:42] {@Threei} Long Setup:  DAL  .40 break
01[09:42] {@Threei}  If holds  .30 
[09:42] {ese} This may be my last day on the board until july ?
[09:43] {dino} gotta hop for 20 or so
[09:43] {nemo} one can only hope
[09:43] {RonS} sorry here for me if true ese...
[09:44] {ese} ya it's looking that way....i looks as though i've been assigned to teach a band class this semester at 7:00
[09:44] {nemo} damn student molestation charges catch up with you?
[09:44] {ese} lol
[09:44] {ese} ya well ,........ya ain't done with me that easily
01[09:44] {@Threei}  no go
[09:45] {nemo} you're kinda' like never truly go away
[09:45] {ese} discussion with the principal today.......
[09:45] {ese} indeed
01[09:45] {@Threei}  German DAX touches fresh record highs above 10,093
[09:48] {ese} tks Ron......i'll be back.  the strike thing has buggared up alot of stuff including the amount of class time for my make iup the full amount of minutes we can add the extra time on in the morning 15min a day 7 to 8:30 right now the class is 65 min not enough
[09:48] {ese} 25min not 15
[09:49] {nathan} gm
01[09:50] {@Threei} Long Setup:  FB  .40 break
01[09:50] {@Threei}  late...
01[09:50] {@Threei}  nathan :)
01[09:50] {@Threei}  in on pullback
01[09:50] {@Threei}  .34 dtop
01[09:50] {@Threei}  stop
[09:51] {nemo} aapl very weak that will weigh on indexes
01[09:52] {@Threei} Long Setup:  DAL  .20 break
01[09:52] {@Threei}  If holds  .10 
01[09:53] {@Threei}  Invalidated  
01[09:59] {@Threei} Long Setup:  DAL  .10 break
01[09:59] {@Threei}  If holds  45 
01[10:00] {@Threei}  1:1  
[10:04] {RonS} who was the rocket scientist that came up w/ the symbol QADA... some guy maned Al?
01[10:04] {@Threei}  lol
01[10:05] {@Threei} Short Setup: FB  .40 break
01[10:05] {@Threei}  If holds  .50 
01[10:05] {@Threei}  1:1  
01[10:06] {@Threei} Short Setup: TWTR  .60 break
01[10:06] {@Threei}  If holds  .70 
[10:07] {ese} ya no kidding ron...........
01[10:07] {@Threei}  1:2  FB 
01[10:08] {@Threei}  trail TWTR to .66
[10:09] {dino} .
01[10:09] {@Threei}  1:1  TWTR 
01[10:15] {@Threei} Long Setup:  FB  .25 break
01[10:15] {@Threei}  If holds  .15 
01[10:16] {@Threei}  1:1  
[10:22] {dino} aavl sm l .76 ave
01[10:23] {@Threei} Long Setup:  OWM  .25 break
01[10:23] {@Threei}  ugh
01[10:23] {@Threei}  late
01[10:23] {@Threei}  jumped
01[10:24] {@Threei}  The head of LUKoil, Russia's biggest private oil company, said Friday that the price of crude could dive to $25 per barrel - half it's current value and less than a quarter of the price last summer. His prediction came amid a chorus of similar warnings.
01[10:25] {@Threei} Long Setup:  WMT  .60 break
01[10:25] {@Threei}  If holds  .50 
01[10:26] {@Threei}  frikin IWM...
01[10:29] {@Threei}  1:1  
[10:30] {dino} the big boys in oil are going to add reserves on the cheap, buying up the assets of the little guys that will fail
01[10:32] {@Threei}  and eventually will find reasonable price which is probably not $25... but I really doubt we will ever see those sky-high prices either
[10:34] {dino} ever is a long time, but nobody knows
01[10:35] {@Threei}  well... nemo measures "ever" in bottles...
01[10:36] {@Threei}  1 bottle is "never" enough... 20 - "am I ever so happy"
01[10:38] {@Threei} Long Setup:  IWM  .50 break
01[10:38] {@Threei}  If holds  .40 
01[10:41] {@Threei}  1:1  
[10:41] {dino} vdsi sm l .52
01[10:41] {@Threei}  1:2  
01[10:42] {@Threei}  closed last piece on a trail
[10:43] {dino} if they can't take them down soon, gut says up we go
01[10:43] {@Threei}  The Russian government missed the deadline on Jan. 15 for paying $50 billion to the shareholders of defunct oil company Yukos in what has been called the largest commercial lawsuit in history.
[10:46] {dino} 07 fast green
[10:49] {dino} confusal market
[10:50] {dino} asps vsm l .70
[10:52] {dino} out asps .75, +1.05
[10:52] {JoebiWan} gj
[10:52] {dino} ty, 07 kicked it out about 20x, but i remembered it dropped about 12 points last week, so went long
[10:53] {dino} 'aavl stuck, out .05, +.29
01[10:54] {@Threei}  Google is ending sales of its Google Glass eyewear.
01[10:54] {@Threei}  The company insists it is still committed to launching the smart glasses as a consumer product, but will stop producing Glass in its present form.
[10:55] {dino} out vdsi .84, +.32
01[11:04] {@Threei} Long Setup:  VXX  .10 break
01[11:04] {@Threei}  If holds  36 
01[11:06] {@Threei}  stop .04
01[11:06] {@Threei}  1 cent to 1:1
01[11:07] {@Threei}  meh
01[11:12] {@Threei}  rinse
01[11:16] {@Threei}  1:2... somg
01[11:24] {@Threei}  SPY, breakdown or bounce
01[11:25] {@Threei} Long Setup:  VXX  .30 break
01[11:25] {@Threei}  If holds  .20 
01[11:27] {@Threei}  1 cent to 1:1 again??
01[11:27] {@Threei}  come on
01[11:28] {@Threei}  1:1  
01[11:28] {@Threei}  whew
[11:30] {nemo} VXX will be easier afternoon play today
01[11:32] {@Threei}  is it long weekend?
[11:32] {nemo} yep
01[11:34] {@Threei}  The Swiss mess has claimed at least two FX trading firms as victims today. In the UK, broker Alpari Ltd went bankrupt, and in the US shares of FXCM fell 88%. The company was said to be in breach of some capital requirements after clients generated combined negative equity balances of $225M from CHF losses. There was talk that Deutsche Bank and Barclays had seen massive losses on the franc, while shares of the Swiss banks fell further today.
[11:51] {dino} wow fxcm -11 today, at 1.48
01[11:52] {@Threei}  frikin VXX
01[11:53] {@Threei} Long Setup:  VXX  .50 break
01[11:53] {@Threei}  .c .40
01[11:53] {@Threei}  aggressive for all-out .60 break
01[12:02] {@Threei}  no go
[12:03] {RonS} cvgw guacamole
01[12:22] {@Threei}  hmmm
01[12:22] {@Threei}  (DE) ECB said to have come up with a QE bond buying plan that would acceptable to Germany; would include individual national banks purchasing their own country's bonds - press - would include a ceiling of 20-25% for how much a central bank can purchase of Govt debt; Greece would not participate in scheme as its debt would not fulfill certain quality criteria
01[12:23] {@Threei}  individual national banks purchasing their own country's bonds?
01[12:23] {@Threei}  how does that make sense if they do not issue their own currency?
01[12:27] {@Threei} Short Setup: DAL  .10 break
01[12:27] {@Threei}  If holds  .20 
01[12:34] {@Threei}  1:1  
01[12:39] {@Threei} Long Setup:  VXX  .90 break
01[12:39] {@Threei}  If holds  .80 
01[12:40] {@Threei}  Invalidated  
01[12:40] {@Threei}  for now
[12:43] {dino} aal l .76
[12:46] {dino} wow/damn asps
[12:46] {dino} +11 and i only took 1
01[12:51] {@Threei}  [C] Said to peg recent foreign exchange losses at $150M
01[12:51] {@Threei}  (US) Pres Obama: US and UK agree on the need to maintain strong sanctions against Russia until it ends its aggression in Ukraine - US/UK press conf
01[12:51] {@Threei}  oh, so it will be like another Cuba
01[12:51] {@Threei}  in 50 years sanctions maybe lifted
[12:52] {dino} ala cuba
[12:52] {dino} aal out .97, +.22
01[12:53] {@Threei} Long Setup:  VXX  .30 break
01[12:53] {@Threei}  If holds  .25 
01[12:54] {@Threei}  1:1  
01[12:56] {@Threei}  1:2  
01[12:56] {@Threei}  closed
[12:58] {dino} gj
01[12:58] {@Threei}  ty
01[12:58] {@Threei}  nervous day
01[12:58] {@Threei}  swiss really shook the markets
[13:00] {dino} no kidding
01[13:06] {@Threei} Long Setup:  IWM  .90 break
01[13:06] {@Threei}  If holds  .80 
[13:17] {RonS} holy cow kite 
01[13:21] {@Threei}  wtf
01[13:22] {@Threei}  (GR) EMU said to be evaluating new bailout loans for Greece as the precautionary credit line may not be enough
01[13:22] {@Threei}  black hole
01[13:23] {@Threei}  NY Post twitter account appears to have been hacked Apparently false tweets running on NY Post twitter handle in last few minutes say: - "BREAKING: Federal Reserve head Yellen announces bail-in in emergency meeting, rumored negative rate to be set at 4pm EST today."- "BREAKING: Chinese anti-ship missile fired at USS George Washington."
01[13:24] {@Threei}  sheesh... New York Post ‏@nypost 17m17 minutes ago
01[13:24] {@Threei}  US Joint Chief of staff: USS George Washington damaged, US navy now engaged in active combat against Chinese vessels in South China sea.
01[13:27] {@Threei}  will we get real panic today, or just float into eod of day
01[13:40] {@Threei} Long Setup:  VXX  .70 break
01[13:40] {@Threei}  If holds  .60 
01[13:45] {@Threei}  1:1  
01[13:46] {@Threei}  United Press International (UPI) notes that its Twitter account has been hacked
01[13:47] {@Threei}  so basically whatever you read on Twitter is guaranteed truth only if it's boring as hell and means nothing
[13:49] {RonS} sounds like a bad attitude to me...
01[14:09] {@Threei}  feels like serious downdraft stars
01[14:09] {@Threei}  starts
01[14:11] {@Threei} Long Setup:  VXX  .60 break
01[14:11] {@Threei}  If holds  .50 
01[14:13] {@Threei}  1:1  
01[14:16] {@Threei}  1:2  
01[14:16] {@Threei}  want this one to give us 1:5
01[14:17] {@Threei}  trailing by a few cents looser than usual
01[14:17] {@Threei}  stop is .64 for now, not standard .69
[14:18] {cosmo} US navy now engaged in active combat?
[14:18] {cosmo} wha?
01[14:18] {@Threei}  hacked twotter account, cosmo
[14:18] {nemo} twitter account hacked worries
01[14:18] {@Threei}  twitter
[14:19] {nemo} yeah, was gonna' say Vad
[14:19] {cosmo} whew...just woke up
01[14:19] {@Threei}  lol
[14:19] {JoebiWan} LOL
01[14:19] {@Threei}  imagine, man wakes up from his afternoon nap to WW3
[14:20] {nemo} it's called marriage
01[14:20] {@Threei}  "boy, that was real POWER nap"
[14:20] {cosmo} our maybe never wake up if its right on target
[14:20] {cosmo} or
01[14:20] {@Threei}  good option, actually
[14:20] {cosmo} its painless they say
01[14:21] {@Threei}  and no torturing thought "maybe it's my fault, if I weren't asleep it might not have happened"
[14:22] {cosmo} a really bad dream can do it
01[14:22] {@Threei}  kind of that stupid joke (attention Ron!)
01[14:22] {@Threei}  - doctor, I ate candy with foil wrap... will die?
01[14:23] {@Threei}  - doctor, philosophically: well, everyone will die...
01[14:23] {@Threei}  - EVERYONE?? Oh my god, what have I done!
[14:24] {cosmo} and some say death is only a hoax
01[14:24] {@Threei}  and dare us to disprove it?
01[14:25] {@Threei}  ok, to .69 now
01[14:27] {@Threei}  1:3  
01[14:27] {@Threei}  looser trailing pays off
01[14:28] {@Threei}  stop to .74
01[14:31] {@Threei}  1:4
01[14:32] {@Threei}  .84 now
01[14:36] {@Threei}  The year 2014 was the hottest Earth has seen since record-keeping began in 1880.
01[14:36] {@Threei}  ??
01[14:36] {@Threei}  where do they get this data?
01[14:36] {@Threei}  sounds like total bs to me
01[14:37] {@Threei}  whole winter/spring half of the world were complaining about record cold
01[14:39] {@Threei}  stop to .89
01[14:41] {@Threei}  closed
[14:41] {JoebiWan} good one
01[14:41] {@Threei}  ty
[14:52] {pamsv} thanks guys - have a good weekend!
01[14:53] {@Threei}  you too pam
01[14:55] {@Threei}  one more leg down and another play should be ready
01[14:59] {@Threei} Long Setup:  VXX  .60 break
01[14:59] {@Threei}  If holds  .50 
01[15:00] {@Threei}  1:1  
[15:02] {dptl} good weekend all see you tue.
01[15:02] {@Threei}  take care dp
[15:04] {dino} cya dp
[15:04] {dino} zzzzzzzzzzzzzzzzzzzzzzzzzzzzz
[15:04] {dino} looking at some banks w/big shale oil/gas exposure
[15:05] {dino} blue spike
[15:21] {RonS} good weekend to sure and pay homage to the patron saint of adultery :)
01[15:21] {@Threei}  lol
[15:24] {dino} where'd that come from?
01[15:25] {@Threei}  save this for Ron for tuesday :)
01[15:33] {@Threei} Long Setup:  IWM  .25 break
01[15:34] {@Threei}  If holds  .15 
01[15:34] {@Threei}  Canada had coldest year since 1996
01[15:34] {@Threei}  shrug
[15:35] {dino} yes and my area broke 80 year old record for most consequtive days in single digits
01[15:36] {@Threei}  heh
[15:36] {dino} the world goes thru cycles, there have been 5 or so warming and cooling periods since the 1500s
01[15:37] {@Threei}  NatGeo is getting ridiculous in this ideological rave
[15:38] {dino} heck i remember my environmental geography college clas in the '80s warning us of an upcoming deep freeze and running out of oil by 2000
01[15:38] {@Threei}  1:1  
[15:39] {cosmo} they fired thoe true scientists dino
[15:39] {cosmo} the
[15:41] {cosmo} replaced them with political scientists and stand up comidians
01[15:41] {@Threei}  1:2  
01[15:41] {@Threei}  rally into long weekend
01[15:42] {@Threei}  so, who promotes global warming and peak oil, cosmo? real scientist or political ones?
[15:42] {cosmo} no peak oil though... it never runs out
[15:43] {cosmo} political ones promote warming and peak oil too
01[15:44] {@Threei}  ok... for once we agree on something :)
[15:44] {cosmo} true scientist are out of work for over 20 years now
01[15:44] {@Threei}  1:3  
01[15:45] {@Threei}  out
01[15:45] {@Threei}  happy to end the week on this note
[15:45] {JoebiWan} ty. cya all
01[15:45] {@Threei}  have a great long weekend guys
01[15:45] {@Threei}  see you tuesday
[15:45] {dino} baffles me that they can acknowledge that space deviations and sunspots can affect sattilites, but not the earth's temperature, while it hurtles millions of miles/hour through space
01[15:46] {@Threei}  here is a lot of baffling things in that debate