Thursday, January 29, 2015

Jan 29 2015

DKTK (Don't Kid The Kidder) setup, especially useful in jerky markets that try to rinse every entry. Let the trigger go, wait for a rinse, enter after the stops get hit.

(Chart courtesy of brokerage)



Decent day with a few more strong trades throughout the day, including JPM short for 1:3 and IWM long for 1:4

Session Time: Thu Jan 29 00:00:00 2015
[09:03] {JoebiWan} gm
01[09:03] {@Threei}  jw :)
[09:07] {dino} gm
01[09:07] {@Threei}  dino :)
01[09:08] {@Threei}  this is for you snowed-in folks:
01[09:08] {@Threei}  https://www.facebook.com/video.php?v=10152282089521489
[09:18] {Raven} lol
[09:20] {RonS} gm
01[09:21] {@Threei}  ron :)
01[09:25] {@Threei}  Upside:
01[09:25] {@Threei}  -CRMD +30% (FDA grants QIDP designation to Neutrolin)
01[09:25] {@Threei}  -SILC +25% (earnings)
01[09:25] {@Threei}  -MLNX +11% (earnings)
01[09:25] {@Threei}  -HAR +11% (earnings)
01[09:25] {@Threei}  -KATE +9% (raised FY14 adj EBITDA $145-150M vs prior $130-140M & joint venture announcement)
01[09:25] {@Threei}  -CTXS +6.5% (earnings)
01[09:25] {@Threei}  -COH +6.2% (earnings)
01[09:25] {@Threei}  -FLEX +6% (earnings)
01[09:25] {@Threei}  -PSX +5% (earnings)
01[09:25] {@Threei}  -LVS +3.5% (earnings)
01[09:25] {@Threei}  -MCD +3% (Board elects new CEO upon retirement of Don Thompson)
01[09:25] {@Threei}  Downside:
01[09:25] {@Threei}  -CLB -13% (earnings)
01[09:25] {@Threei}  -BABA -9% (earnings)
01[09:25] {@Threei}  -YHOO -7% (BABA earnings)
01[09:25] {@Threei}  -QCOM -6.8% (earnings)
01[09:25] {@Threei}  -RCL -5.8% (earnings)
01[09:25] {@Threei}  -FTNT -5.7% (earnings)
01[09:25] {@Threei}  -STLD -3.4% (earnings)
01[09:25] {@Threei}  -CCL -2.5% (RCL earnings)
[09:26] {nemo} yeah..don't let the door hit you in the ass on the way out
01[09:26] {@Threei}  who?
01[09:27] {@Threei}  nemo is drinking this early?
[09:27] {dino} rcl sinking (ron try)
[09:30] {nemo} mmmhhh...I thought it was late
01[09:33] {@Threei} Long Setup:  CCL.10  break
01[09:33] {@Threei}  If holds  44
01[09:34] {@Threei}  Invalidated
01[09:35] {@Threei} Long Setup:  CC  44 break
01[09:35] {@Threei} Long Setup:  CCL  44 break
01[09:36] {@Threei}  If holds  .90
01[09:38] {@Threei}  1:1
01[09:38] {@Threei}  1:2
01[09:38] {@Threei}  closed
01[09:40] {@Threei}  (GR) Greece PM Tsipras: Negotiating with European partners to find a solution that is mutually beneficial, but it will take time; Govt does have some radical reform plans
01[09:40] {@Threei}  scared even imagine what they'd call "radical"
01[09:41] {@Threei} Long Setup:  DAL  .40 break
01[09:41] {@Threei}  If holds  .30
01[09:43] {@Threei}  stop .33
[09:43] {nemo} spy looks like 199 test today
01[09:45] {@Threei}  come on DAL, move
[09:45] {nemo} index weight
01[09:45] {@Threei}  didn't make new low with SPY
01[09:45] {@Threei}  nah
01[09:45] {@Threei}  out
[09:46] {nemo} short baba .20
[09:46] {nemo} Voh shit
[09:46] {nemo} remind me not to do that again
[09:46] {nemo} SOB
[09:46] {nemo} SOB
[09:47] {nemo} SOB
01[09:50] {@Threei}  watching FB for pullback entey
[09:50] {dino} cybr gap filled nov, adding calls
[09:50] {RonS} beav biting it
01[09:50] {@Threei} Long Setup:  FB  .90 break
01[09:50] {@Threei}  If holds  .80
01[09:51] {@Threei}  yuck
01[09:51] {@Threei}  what's with internet names?
01[09:51] {@Threei}  YHOO, BABA, FB
[09:53] {RonS} baba sales miss...yhoo tied to baba...fb spending ramp
01[09:53] {@Threei} Long Setup:  CCL  .20 break
01[09:55] {@Threei}  1:1
[09:58] {dino} fb sm l .25
01[10:00] {@Threei}  (US) DEC PENDING HOME SALES M/M: -3.7% V 0.5%E; Y/Y: 8.5% V 10.8%E
[10:01] {dptl} gm
01[10:01] {@Threei}  dp
01[10:01] {@Threei}  closed CCL on trail
01[10:02] {@Threei}  *(DK) DANISH CENTRAL (NATIONALBANKEN) BANK CUTS DEPOSIT RATE TO -0.50% FROM -0.35%
01[10:02] {@Threei}  so, you pay to keep money in bank?
01[10:03] {@Threei}  and starting today you pay more?
[10:04] {dino} lol, wonder if they also have accont fees
[10:04] {cosmo} Insurance fees...
01[10:05] {@Threei}  unattended account fee
01[10:05] {@Threei}  transaction fee
01[10:05] {@Threei}  account statement fee
01[10:06] {@Threei}  let's open a bank
01[10:06] {@Threei}  nemo will be our desginated fee collector
[10:06] {cosmo} good man
01[10:07] {@Threei}  in a few months we will start looking fore him to ask why he never came to collect his salary
01[10:07] {@Threei}  to which he will say, "I get salary too??"
01[10:08] {@Threei} Long Setup:  JPM  .30 break
01[10:08] {@Threei}  If holds  .20
[10:08] {dino} mmyt sm l .25
01[10:08] {@Threei}  Invalidated
01[10:10] {@Threei} Long Setup:  DAL  .60 break
01[10:10] {@Threei}  If holds  .50
01[10:11] {@Threei}  change to .55
01[10:11] {@Threei}  If holds  .45
01[10:15] {@Threei}  no go
[10:17] {nemo} jerky frickin' action
[10:17] {dino} out fb .32, +1.07
[10:17] {JoebiWan} gj
[10:18] {dino} ty
01[10:20] {@Threei} Long Setup:  TWTR  .45 break
[10:20] {nemo} twtr hit it's head on vwap twice
01[10:20] {@Threei}  change to .40
01[10:20] {@Threei}  If holds  .30
01[10:21] {@Threei}  which is why I stayed away from .60 break and waited for rinse
01[10:22] {@Threei}  1:1
[10:25] {nemo} CVX
01[10:26] {@Threei}  1:2
01[10:31] {@Threei}  1:3
01[10:31] {@Threei}  1:4
01[10:31] {@Threei}  out
[10:31] {JoebiWan} nice one
01[10:31] {@Threei}  DKTK works
01[10:37] {@Threei} Short Setup: JPM  55 break
01[10:37] {@Threei}  If holds  .10
[10:39] {dino} alb drop
[10:39] {RonS} alb conference call going on right now
01[10:40] {@Threei}  1:1
01[10:42] {@Threei}  1:2
01[10:45] {@Threei}  1:3
[10:46] {dino} alb vsm .50 trig
[10:47] {JoebiWan} alb
[10:47] {JoebiWan} whoops sry
[10:47] {dino} in alb .55 stop lod brk
[10:48] {RonS} which dollar?
[10:48] {dino} 48
01[10:48] {@Threei}  lol
[10:49] {dino} pulp
[10:49] {dino} 48-49
[10:52] {dino} stop alb flat
[10:54] {dino} damn, tricked me
06[10:56] * dino slaps dino around a bit with a large trout
01[10:58] {@Threei} Long Setup:  IWM  .50 break
01[10:58] {@Threei}  If holds  .40
01[10:59] {@Threei}  to .44
01[10:59] {@Threei}  meh
01[11:08] {@Threei} Long Setup:  VXX  .80 break
01[11:08] {@Threei}  If holds  .70
01[11:09] {@Threei}  Invalidated
[11:13] {dino} spxl smr l ave .51
[11:21] {cosmo} silver turns into lead today
[11:22] {cosmo} alchemy, ey
01[11:23] {@Threei}  wrong direction?
01[11:23] {@Threei}  supposed to turn lead into gold
[11:23] {cosmo} sign of the times
01[11:23] {@Threei}  makes sense
[11:24] {cosmo} gold is next
[11:35] {dino} rdwr sm l .55
[11:44] {dino} out spxl .04, +.53
01[11:52] {@Threei}  wtg
[11:54] {dino} ty
[11:56] {nemo} VXX
[12:20] {nemo} UPS
01[12:21] {@Threei} Long Setup:  VXX  35 break
01[12:21] {@Threei}  If holds  .90
01[12:22] {@Threei}  1:1
01[12:27] {@Threei}  lol, get this... some cities are just created to be totally f*cked up. First, Winnipeg gets a city-wide water boiling advisory as control finds e-coli in tap water. Two days later, thousand households are left with no power as a pole gets hit, so now they can't even boil that water
01[12:27] {@Threei}  1:2
[12:29] {dino} gj
01[12:29] {@Threei}  ty
01[12:29] {@Threei}  closed on a trail
[12:31] {RonS} har laughing to bank...
[12:34] {RonS} Oil sinks below $44 a barrel for first time since 2009
01[12:34] {@Threei}  nothing but thunderous applause from me
01[12:45] {@Threei} Short Setup: DAL  .10 break
01[12:45] {@Threei}  If holds  .20
[12:46] {RonS} lol...Senior ECB official: Greek government’s signals are "very mixed"
01[12:48] {@Threei}  you think, lol
01[12:49] {@Threei}  mix of we want money, we don't want to return it, we want jobs, we don't want to work...
01[12:50] {@Threei}  now as new Greek govt starts protesting sanctions against Russia, they also find financial connections to Kremlin
[12:53] {RonS} rdc drilled
[12:56] {dino} took all morning, but out mmyt .11, +86
[12:56] {dino} .86
01[12:57] {@Threei}  even if that took all afternoon too, wouldn't be shabby
[12:57] {dino} indeed
[12:57] {dino} i think i will take a little break
[12:59] {RonS} freakin liberals:  Dartmouth has banned hard liquor in effort to raise campus safety
01[13:02] {@Threei}  [TRP] TRP US Senate now has enough votes to move Keystone XL pipeline legislation forward; final vote to take place later today
01[13:02] {@Threei}  meaning, vote-proof majority?
01[13:06] {@Threei}  ummm... veto-proof
01[13:06] {@Threei}  {--- dixleksik
[13:06] {RonS} doubt will know 'till over...arm twisting time
[13:06] {JoebiWan} lol
[13:07] {RonS} gpro whack
[13:17] {nemo} UAL
[13:17] {nemo} UPS
01[13:29] {@Threei}  new Terminator is coming??
01[13:29] {@Threei}  never heard they were filming it
[13:31] {dptl} gn all ...see ya tomorrow
[13:31] {RonS} probably bruce jenner after sex change...enough to scare the shit out of anybody...
01[13:31] {@Threei}  take care dp
01[13:31] {@Threei}  lol
[13:34] {RonS} headline after my own heart:  Greek Banks at Mercy of the Fates
01[13:35] {@Threei}  hehe
01[13:36] {@Threei}  ronism lives and conquers
[13:38] {RonS} tradition for newspapers since the Hearst yellow journalism days...headlines as hooks...make the reader think what the hell is that?
[13:59] {cosmo} I like it when the article's text has nothing to do with the headline.
[13:59] {dino} miss much?
[13:59] {cosmo} missing time is all
[14:00] {dino} ll
[14:00] {dino} lol, missing typing skills
[14:01] {cosmo} tweeting does that
[14:02] {cosmo} missing literacy actually
01[14:05] {@Threei}  of all social networks known to humanity, twitter has my largest dose of despise
[14:06] {cosmo} 11
[14:11] {RonS} Big Oil is hurting from low oil prices. @Shell just killed $15 billion in investment projects http://bloom.bg/1DcDaHe
01[14:13] {@Threei}  why do I not feel like crying...
[14:21] {nemo} because your an insensitive bastard
[14:23] {cosmo} because it now helps keep the stock price up?
01[14:23] {@Threei}  [14:21] {nemo} because your an insensitive bastard
01[14:24] {@Threei}  my wife just asked to tell you, you are the man she appreciates as far as correct evaluation of my values goes
[14:26] {nemo} that's why you and I get along so well
01[14:26] {@Threei}  that, and one more...
01[14:26] {@Threei}  anyone wants to see a grown man sobbing uncontrollably?
01[14:27] {@Threei}  twell nemo that he must chose between fried meat, alcohol and sex
[14:27] {nemo} and guns
[14:27] {nemo} I'm fondling my Sig as we speak
[14:27] {RonS} ...and rock & roll?
[14:27] {nemo} not so much...worked in Rock&Roll..surprised my liver survived
[14:35] {nemo} VXX
[14:36] {nemo} buying .36
[14:36] {nemo} stop under .25
[14:37] {nemo} first target .54
[14:37] {nemo} stop now .34
[14:38] {nemo} out
01[14:39] {@Threei}  can't tell if it;'s a shakeout or end
[14:39] {nemo} shakeout, given the time
[14:40] {nemo} but indexes holding high and tight
[14:41] {nemo} should have gone with the DKTK setup
01[14:41] {@Threei}  from the shore walk couple days ago: https://www.facebook.com/VadymGraiferPhotography/photos/a.488848774527976.1073741828.483178015095052/787380191341498/?type=1&theater
[14:42] {nemo} and there's the first target....not
[14:56] {dino} these afternoons are dead
01[14:57] {@Threei}  been a case for a good while
01[14:57] {@Threei}  last hour livens things up again
[14:57] {dino} i know, it sucks, because its too snowy and cold up here for afternoon golfing
01[14:59] {@Threei}  well... ese is waiting for you on our golf fields :)
[14:59] {nemo} links vad, links
01[14:59] {@Threei}  sigh... sorry
06[15:00] * dino slaps Threei around a bit with a large trout
01[15:00] {@Threei}  thank god not the put
06[15:01] * nemo slaps Threei around a bit with a large Carp
[15:01] {nemo} aapl might be getting ready to come in a bit
01[15:01] {@Threei}  for a while I thought "tee" was just a mistyped "tea"
[15:02] {dino} speaking of golf, buddy of mine just booked our golf group for round on february 9th at www.thetiltedcaddie.com should be interesting
[15:03] {nemo} I've decided aapl is an index
[15:03] {dino} its a fruit
[15:04] {nemo} it's a record label
[15:06] {nemo} what a battle in aapl
01[15:08] {@Threei}  it's a partially eaten fruit
01[15:14] {@Threei} Long Setup:  IWM  .70 break
01[15:14] {@Threei}  If holds  .60
[15:15] {nemo} aapl coming in indexes will come in
01[15:18] {@Threei}  1:1
01[15:20] {@Threei}  jeez
01[15:20] {@Threei}  [FB] Launches new feature known as "Place Tips" to recommend spots in a location specific way - tech blogs (update) - Facebook will send notifications when the individual is near a store, restaurant, or other location that it thinks you may like
01[15:20] {@Threei}  just how creepy is this
01[15:21] {@Threei}  1:2
[15:22] {cosmo} I'm just glad I was home schooled in science fiction
01[15:22] {@Threei}  got almost perfect reversal, the only thing I was struggling with and unfortunately decided not to do: change entry to .65
01[15:24] {@Threei}  1:3
01[15:25] {@Threei}  1:4
01[15:25] {@Threei}  out
[15:29] {nemo} VXX
01[15:38] {@Threei} Long Setup:  IWM  .95 break
01[15:38] {@Threei}  If holds  .85
01[15:39] {@Threei}  1:1
[15:48] {JoebiWan} ty all, im outta here
01[15:49] {@Threei}  thanl you all, fine day
01[15:49] {@Threei}  have a great evening
01[15:49] {@Threei}  see you tomorrow