Thursday, February 12, 2015

Feb 12 2015

Back and forth day, slightly positive but nothing to write home about

Session Time: Thu Feb 12 00:00:00 2015
[09:17] {dino} gm
01[09:18] {@Threei}  dino, welcome back
[09:18] {RonS} gm, dino axp
01[09:18] {@Threei}  navigated through the snow?
01[09:18] {@Threei}  ron :)
[09:18] {RonS} axp losing cost in 2016
[09:19] {cosmo} need a capitol one card to shop there now
[09:23] {nemo} Ron had a comment about TSLA yet?
01[09:24] {@Threei}  he is totally asleep on the job
[09:24] {RonS} musk stinks it up?
01[09:24] {@Threei}  dereliction of duty
01[09:24] {@Threei}  lol
[09:24] {nemo} Pavlov strikes again
[09:24] {RonS} cake took it in the face
[09:25] {RonS} scss springs higher
[09:25] {RonS} nemo prods ridiculousness...
[09:27] {dino} ugh, cybr calls sold while away, +2 /43%, but damn they went 4
[09:27] {nemo} stfu dino
01[09:27] {@Threei}  https://www.facebook.com/VadymGraiferPhotography/photos/a.488848774527976.1073741828.483178015095052/794425153970335/?type=1&theater
[09:27] {RonS} life's a bitch and then you golf...
[09:28] {dino} lol
01[09:28] {@Threei}  Upside:
01[09:28] {@Threei}  -OW +22% (being acquired by Expedia for $12/shr)
01[09:28] {@Threei}  -EXPE +12% (acquiring OWW for $12/shr)
01[09:28] {@Threei}  -TRIP +15% (earnings)
01[09:28] {@Threei}  -CSCO +7.8% (earnings)
01[09:28] {@Threei}  -FEYE +6.3% (earnings)
01[09:28] {@Threei}  -NVDA +5.6% (earnings)
01[09:28] {@Threei}  -JAH +4.6% (earnings)
01[09:28] {@Threei}  -SKX +3.5% (earnings)
01[09:28] {@Threei}  -WWE +3.5% (earnings)
01[09:28] {@Threei}  -WFM +2.7% (earnings)
01[09:29] {@Threei}  Downside:
01[09:29] {@Threei}  -ZU -25% (earnings)
01[09:29] {@Threei}  -CAB -9% (earnings)
01[09:29] {@Threei}  -PNRA -8.7% (earnings)
01[09:29] {@Threei}  -TSLA -8% (earnings)
01[09:29] {@Threei}  -FXCM -6.7% (Jan monthly metrics)
01[09:29] {@Threei}  -CAKE -6.6% (earnings)
01[09:29] {@Threei}  -AXP -6% (COST announcement)
01[09:29] {@Threei}  -AAP -6% (earnings)
01[09:29] {@Threei}  -BIDU -5.8% (earnings)
01[09:29] {@Threei}  -K -5% (earnings)
01[09:29] {@Threei}  -TSO -3.2% (earnings)
[09:32] {dino} smci calls sold while away +1.40/112%
01[09:32] {@Threei} Long Setup:  VXX  ,60 break
[09:32] {jfjf64} morning all
01[09:32] {@Threei}  If holds  .50
01[09:32] {@Threei}  jf :)
01[09:33] {@Threei}  1:1
01[09:36] {@Threei} Long Setup:  FB  .60 break
01[09:36] {@Threei}  If holds  .50
[09:36] {jfjf64} twtr 20 break
[09:38] {jfjf64} 10
01[09:38] {@Threei}  .10 I like
01[09:38] {@Threei}  and 1:1
01[09:42] {@Threei} Long Setup:  IWM  120 break
01[09:42] {@Threei}  If holds  .90
[09:42] {jfjf64} keep  I on twtr
01[09:43] {@Threei}  Invalidated
[09:44] {jfjf64} had to drive to Syracuse pick son up college how was last 2 days
01[09:44] {@Threei}  slow but positive
01[09:44] {@Threei}  market was really waiting for Greece and Ukraine negotiations
01[09:44] {@Threei}  IWM is on again
01[09:46] {@Threei}  1:1
01[09:50] {@Threei}  1:2
01[09:52] {@Threei} Short Setup: JPM  59 break
01[09:52] {@Threei}  If holds  .10
01[09:52] {@Threei}  1:3  IWM
01[09:53] {@Threei}  me out
01[09:55] {@Threei}  JPM is not ready
[09:56] {jfjf64} watch twtr
[09:56] {jfjf64} bib pull bk
01[09:57] {@Threei}  not liking how it behaves, jf
01[09:57] {@Threei}  mib, see pm
[10:00] {jfjf64} .20
01[10:00] {@Threei}  *(US) DEC BUSINESS INVENTORIES: 0.1% V 0.2%E
[10:01] {jfjf64} fuck twtr
[10:01] {jfjf64} excuse me
01[10:01] {@Threei}  told ya
[10:01] {nemo} kiss your mother with that mouth?
01[10:02] {@Threei} Long Setup:  MCD  .10 break
01[10:02] {@Threei}  If holds  94
[10:05] {jfjf64} dal
[10:06] {nemo} FB
01[10:06] {@Threei}  SPY goes for break
[10:06] {nemo} gap starts @.37
[10:08] {dino} lii spike
[10:10] {dino} rdus drop
01[10:13] {@Threei}  finally
06[10:13] * @Threei slaps Nesi around a bit with a large trout
[10:13] {Nesi} hi all :)
01[10:13] {@Threei}  hey nesi
[10:13] {nemo} Irish, huh?
01[10:13] {@Threei}  lost your internet skills or what, lol... took two days to connect :)
[10:13] {dino} wow nesi!
01[10:14] {@Threei}  1:1  MCD
[10:14] {Nesi} yeah, took me some time to login
[10:14] {Nesi} hi dino!
[10:14] {nemo} we'll just call you Les
[10:15] {dino} welcome back
[10:15] {Nesi} thanks )
01[10:16] {@Threei}  The agreement reached in Minsk does not guarantee a solid success in the coming days, French President Francois Hollande has said
01[10:16] {@Threei}  you think??
[10:16] {RonS} lol
01[10:16] {@Threei}  oh man, this one is even better:
01[10:16] {@Threei}  Implementation key to Minsk agreement, says EU foreign policy chief
01[10:17] {@Threei}  where do I sign for this position?
01[10:17] {@Threei}  1:2  MCD'
01[10:20] {@Threei}  1:3
[10:20] {nemo} strong and weak: http://goo.gl/ptgFZC
01[10:20] {@Threei}  good boy
01[10:20] {@Threei}  even though fat
01[10:20] {@Threei}  and laden with cholesterol
01[10:20] {@Threei}  I am out in full
01[10:25] {@Threei}  very well might continue but tough to read it here
[10:26] {Nesi} vad, what is the server if i want to use Mirc?
01[10:26] {@Threei}  just download configurator from Trading Room page, it will do everything automatically
[10:26] {Nesi} thanks
01[10:27] {@Threei}  right under mibbit instructions
[10:27] {Nesi} k
01[10:27] {@Threei} Short Setup: DAL  .40 break
01[10:27] {@Threei}  If holds  .50
01[10:29] {@Threei}  MCD exit was good
01[10:30] {@Threei}  no go DAL
01[10:33] {@Threei} Long Setup:  FB  .30 break
01[10:33] {@Threei}  If holds  .20
[10:35] {nemo} drops .25 likely a short
01[10:39] {@Threei}  I wouldn't
01[10:39] {@Threei}  will rather see if .20 recross can be used as aggressdive entry if loses it and recovers quickly
[10:44] {dino} ppc sm l .85
01[10:50] {@Threei}  1:1  FB
[10:52] {RonS} ppc fried, eh?
01[10:53] {@Threei}  lol
01[10:57] {@Threei} Long Setup:  MCD  .40 break
01[10:57] {@Threei}  If holds  .30
[10:59] {cosmo} Nesi finally comes out of the loch... thought we lost ya
01[11:01] {@Threei}  that was just 3rd of his nine lives
[11:01] {cosmo} History Channel been looking for him too
[11:02] {dino} ppc to .16
[11:03] {dino} to .29
[11:04] {dino} to .35
[11:04] {dino} out .35, +.50 ppc
01[11:04] {@Threei}  wtg
[11:04] {dino} ty
01[11:07] {@Threei}  (US) PIMCO Exec commenting on total return fund: ECB's QE is drawing US yields lower
01[11:07] {@Threei}  duh
[11:07] {RonS} works weekends as rocket scientist?
01[11:08] {@Threei}  I am sure
01[11:08] {@Threei}  he continued:
01[11:08] {@Threei}  USD is at the beginning on what would be a long term upward trend
01[11:08] {@Threei}  beginning, eh?
01[11:08] {@Threei}  3 years late and god knows how many USDs short
[11:09] {RonS} continuing more...btw i have never looked at a chart in my life...
01[11:09] {@Threei}  'USD is going to be king again" - who said that and how long ago?
01[11:09] {@Threei}  hehe
01[11:10] {@Threei}  (GR) Greece, in its discussions with the Eurogroup said to have rejected a 3-6 month extension of the bailout; all countries in the EMU rejected Greece's request for a new deal
[11:10] {cosmo} How far do stocks have to fall for that stronger dollar?
[11:10] {dino} funny, couple years ago everybody said usd dead
01[11:10] {@Threei}  why do they have to fall?
01[11:11] {@Threei}  not me dino
[11:11] {cosmo} the math says so
01[11:11] {@Threei}  that's some weird math
[11:11] {RonS} who's math?
01[11:11] {@Threei}  there were many periods when USD and stock market went up together
[11:12] {cosmo} but rising stocks make the dollar weak...right?
[11:12] {nemo} no
01[11:12] {@Threei}  huh?
[11:12] {RonS} wow
01[11:12] {@Threei}  where di that come from?
[11:12] {nemo} stand up cosmo, take the pressure off your brain
[11:12] {dino} lesson of the story, never give up currency control
[11:13] {cosmo} rising stocks costs more dollars = weaker dollars
01[11:14] {@Threei}  this is not the way it works, cosmo... not even close
[11:14] {cosmo} oh
[11:14] {RonS} dino, oh, you mean like the US did in 1913?
01[11:14] {@Threei}  3 years ago, when I dropped that "USD is about to reaffirm itself as king" goldbugs everywhere were pointing fingers at me and laughed
01[11:15] {@Threei}  too bad I am not the one to say "told ya so"
01[11:15] {@Threei}  wait... I am!
[11:15] {RonS} ...can testify to that here...
[11:15] {dino} euro lovers said euro would become reserve currency, lol
01[11:15] {@Threei}  sure... for museums
[11:15] {RonS} lol
[11:15] {cosmo} hmm
01[11:16] {@Threei}  "once in 21 century, they decided to create single currency for 27 countries in Europe, kids"
01[11:16] {@Threei}  kids: really? they were this stupid back then?
01[11:17] {@Threei}  guide: now now, kids... be polite. To stupid people
01[11:18] {@Threei} Short Setup: FB  .15 break
01[11:18] {@Threei}  If holds  .25
01[11:18] {@Threei}  SUNE Seeing call activity3K Apr 26 calls trade at $0.46
[11:19] {cosmo} Being polite has always been my biggest challenge
01[11:20] {@Threei}  why don't you ask nemo for guidance
01[11:20] {@Threei}  he is the best at failing that challenge
01[11:21] {@Threei}  every time when he tries to say "pass me salt darling" what comes out is strangely similar to "bitch, you destroyed my life"
[11:21] {cosmo} think so?  Failure is the best teacher...
[11:22] {cosmo} so he has a little edge...
01[11:22] {@Threei}  I'll say
01[11:23] {@Threei}  but that's what we value him for
[11:23] {nemo} and a backhoe, tons of lime and barrels of sulphuric acid
[11:23] {cosmo} ah...gotcha
01[11:23] {@Threei}  friend with a backhoe... can't put a price on that
01[11:23] {@Threei}  1:1  FB
[11:24] {nemo} don't worry cosmo, your only on the list in pencil............so far
[11:24] {nemo} you're
01[11:24] {@Threei}  GRRRRR
01[11:25] {@Threei}  you're-your is second only to they're-their-there are among things I can't forgive
01[11:25] {@Threei}  1:2
01[11:25] {@Threei}  then again, he has a backhoe...
[11:25] {nemo} shall we talk about your use of articles?
01[11:26] {@Threei}  and when I call and say "listen, I have this problem" he only asks when the body has to be hidden - not even "where":
01[11:26] {@Threei}  no, articles are not the sibject to discuss... I refuse to admit their existence
[11:26] {nemo} what body?
01[11:27] {@Threei}  right
01[11:27] {@Threei}  I mean, English has many strange twists and turns, but A and THE take the cake
[11:27] {nemo} as an old friend said to me a looooong time ago, as we were standing next to his home incinerator, "Doing the deed is nothing, getting rid of the body is always a problem"
01[11:27] {@Threei}  totally meaningless invention
01[11:34] {@Threei}  OSCE chief admits being unable to identify Russian soldiers among militants
01[11:35] {@Threei}  seriously? passports, military papers and interrigation resuts where they name their divisions and commanders is not enough?
01[11:39] {@Threei}  closed last piece FB on a trail
[11:57] {Nesi} vad, are you still using tradeideas as a scanner?
01[11:57] {@Threei}  intelliscan
01[11:57] {@Threei}  version of TI
[11:58] {Nesi} better?
01[11:58] {@Threei}  same engine, some of proprietary setups added
01[12:01] {@Threei}  JPM
01[12:01] {@Threei}  .40 breakout forms, but let's try for DKTK here
01[12:02] {@Threei}  let it break, reverse, drop under .30
01[12:02] {@Threei}  then buy on recross
01[12:07] {@Threei} Long Setup:  JPM  .30 break
01[12:07] {@Threei}  If holds  .25
01[12:10] {@Threei}  change to .25 break
01[12:10] {@Threei}  If holds  .20
01[12:12] {@Threei}  1:1
01[12:16] {@Threei}  ok JPM, show us what you are made off
01[12:24] {@Threei}  (UR) Ukraine President Poroshenko: Minsk negotiations were difficult, implementation of accords will be very complicated
01[12:24] {@Threei}  upon reading it in full, I'd say a snowball in 500F oven has better chance to increase in size and freeze entire kitchen than this agreement to be implemented
01[12:28] {@Threei}  meanwhile, something we are likely to read 30 years from now and nod in "yeah, still" recognition:
01[12:28] {@Threei}  (GR) Greek officials to meet with troika officials on Friday, February 13th to prepare for higher level talks next week - Troika meeting with Greek officials will seek to assess common ground between the current bailout program and the Greek govt proposal that was outlined yesterday.
06[12:42] * @Threei kicks JOM in the rear
01[12:42] {@Threei}  JPM that is
01[12:45] {@Threei}  hmmm... I must have kicked it in the wrong rear
01[12:46] {@Threei}  is there such thing as front rear?
[12:50] {Nesi} i live in miami now,  in sunny isles,
[12:50] {nemo} hate you
[12:50] {Nesi} finally no snow for me
01[12:50] {@Threei}  lol
[12:50] {RonS} lol
[12:51] {dino} wind chills tonight going to -30 f
01[12:51] {@Threei}  that's nothing, you should see what nemo writes me back when gets e-mails with my winter photos
[12:51] {Nesi} geeee
[12:51] {dino} been in deep freeze here for three weeks
[12:51] {Nesi} where is maggoo now...dino
[12:52] {dino} on the road
01[12:52] {@Threei}  I mean, this is my January: http://www.arrestinglight.com/blog/2015/2/january-blah
[12:52] {Nesi} does not trade anymore?
[12:52] {Nesi} nice pics
[12:52] {dino} no, quit about 4 years ago
01[12:56] {@Threei}  see how .40 break would have failed while agreesive entry worked?
[12:59] {dino} cramer ragging tsla big time, "mo, larry, & curly had better conference calls"
[13:01] {Nesi} CNBC is not what it was years ago
[13:01] {Nesi} no mo mojo
[13:02] {Nesi} i miss Maria
01[13:02] {@Threei}  she is fox news now
[13:02] {Nesi} yes
01[13:02] {@Threei}  not as foxy as used to be though
[13:02] {RonS} and no longer a fox...
[13:02] {Nesi} agree
01[13:03] {@Threei}  ron... this is scary
[13:05] {dino} i don't usually agree w/cramer, but i think tsla is the a huge short
[13:10] {dino} sold mei calls +.55 / 26%
[13:14] {RonS} ...weak...   :)
01[13:16] {@Threei}  trail JPM balance to .29
01[13:23] {@Threei}  (US) President Obama to soon announce executive order on cyber security and data - Will direct the US govt and corporations to share more information on cybersecurity threats.
[13:24] {RonS} am i the only one who finds that totally unsecure?
01[13:25] {@Threei}  I would say I am with you but we already did the same joke on maria/fox...
[13:26] {RonS} pucker reflex:  "we're from the government and we"re here to help"...
01[13:28] {@Threei}  [BP] Ticks higher on press speculation of possible combination with Exxon, notwithstanding regulatory hurdles - Article notes XOM is capable of acquiring any rival despite the regulatory obstacle
[13:28] {RonS} true story, had an econ prof who would grab his ass and say "ohh, ohh...that makes me pucker"...coupla years later some feminists ganged up on him and said it was sexual harrassment and got him fired...
01[13:29] {@Threei}  what was he thinking... should have grabbed someone else's ass
[13:30] {cosmo} he failed to do just that
01[13:31] {@Threei} Long Setup:  VXX  .10 break
01[13:31] {@Threei}  If holds  32
01[13:34] {@Threei}  Invalidated
[13:35] {dino} slxp spike
[13:38] {dino} vsm s .54
01[13:40] {@Threei} Long Setup:  VXX  32 break
01[13:40] {@Threei}  If holds  .90
[13:41] {dino} slxp stop
[13:42] {RonS} Sources report that Valeant $VRX is to secure funding for a USD 150/shr acquisition of Salix $SLXP
[13:49] {dino} slxp smr s .00
01[13:50] {@Threei}  stop to .94
[13:55] {jfjf64} computer probs all day
01[13:56] {@Threei}  too bad... missed a few plays
[14:00] {jfjf64} fb short here
[14:00] {jfjf64} imo
[14:45] {dino} cov slxp .43, +1.57
01[14:45] {@Threei} Long Setup:  IWM  .75 break
01[14:45] {@Threei}  If holds  .65
01[14:55] {@Threei}  TWTR goes for day high
01[14:55] {@Threei}  come on SPY, break
01[14:59] {@Threei}  time to, umm, how do you aspell it... eeqxsplozhion?
01[14:59] {@Threei}  I feel like I missed a "k" in there somewhere
01[15:00] {@Threei}  either before or after q
01[15:16] {@Threei}  oh come on already
01[15:17] {@Threei}  while some of us are young
01[15:17] {@Threei}  too late for me, but heck, nemo is about to get the right to buy beer
[15:18] {RonS} lol
01[15:24] {@Threei}  time for out eod float up
01[15:24] {@Threei}  our*
[15:24] {nemo} ATHs a pube away
01[15:24] {@Threei}  SPY?
[15:24] {nemo} yep
[15:25] {nemo} don't count that silly spike that day
[15:26] {Nesi} how was the trading so far ...
01[15:27] {@Threei}  talking about last year? week? hour?
[15:31] {dino} added some grek calls
01[15:32] {@Threei}  looks good to 15
[15:33] {dino} nesi, trades a bit slow for me, but i was away for few days, so getting the feel back
01[15:33] {@Threei}  unless something happens
[15:33] {dino} seeing the same 3i
01[15:34] {@Threei}  then again... if something positive happens, 17 is not pout of question
01[15:34] {@Threei}  frikin IWM
[15:34] {dino} added a few nbg's too, wtf
01[15:36] {@Threei} Long Setup:  TWTR  .90 break
01[15:37] {@Threei}  If holds  .80
01[15:39] {@Threei}  nah
01[15:45] {@Threei}  tough read on these closing convulsions
01[15:45] {@Threei}  was much clearer yesterday
[15:45] {nemo} spy just took out the ATH
01[15:48] {@Threei}  trying for a closing scalp
01[15:48] {@Threei} Long Setup:  VXX  .30 break
01[15:48] {@Threei}  If holds  .25
01[15:48] {@Threei}  very tight stop
[15:48] {nemo} VXX tomorrow
[15:48] {nemo} long weekend
[15:49] {nemo} 200 day @.24
01[15:49] {@Threei}  again?
[15:49] {nemo} yep
01[15:49] {@Threei}  hiwe many long weekends you guys have
01[15:49] {@Threei}  what is this one for?
[15:49] {nemo} 200 day @.21
[15:49] {nemo} Presidents Day
01[15:49] {@Threei}  oh god
[15:49] {nemo} no....Presidents
01[15:50] {@Threei}  thanks goodness not a day for each of them
01[15:50] {@Threei}  one for all
01[15:50] {@Threei}  for the whole bunch so to speak
[15:50] {nemo} Used to be Washington's Birthday and Lincoln's but they put them together so Martin Luther King could have his own day
01[15:50] {@Threei}  makes sense (almost)
01[15:51] {@Threei}  OK guys, thank you all
01[15:51] {@Threei}  have a good evening
01[15:51] {@Threei}  see you tomorrow