Jan 08 2014

Another very strong day generously sprinkled with 1:3ers, 1:2ers and very few small stops. FB is a great performer, as well as GLD and other usual suspects. Midday gave us a boredom pause as market was waiting for the Fed minutes release, then action resumed and brought more profits.


Session Time: Wed Jan 08 00:00:00 2014
[09:00] {thomcbell} gm and a good morning for mu
01[09:00] {&Threei}  morning tbell
[09:04] {dino} gm
01[09:04] {&Threei}  dino
[09:13] {+cc_9} Good morning everyone
01[09:13] {&Threei}  cc9
[09:17] {nemo} FED Day................yawn
01[09:18] {&Threei}  is it today?
[09:18] {+cc_9} Knuckle's list for today : TXTR - NBIX - MU - GME - FRX - QIHU - JCP
[09:18] {nemo} yeah, minutes release at 2ish
01[09:18] {&Threei}  oh minu\tes
[09:19] {nemo} yeah...old news but it seems to slow things down
01[09:19] {&Threei}  MU... nice opening
[09:23] {+cc_9} JCP trying to hold the 7.50s pre-market, should be very active on a nice pop back to 7.80ish
[09:23] {RonS} gm y'all
[09:23] {+cc_9} NBIX eyeing for some profit taking
[09:23] {+cc_9} TXTR looking for a bounce
[09:23] {+cc_9} GME possible bounce but opening flat
[09:24] {+cc_9} QIHU massive ramp on Alibaba investment
[09:24] {+cc_9} FRX upgrades
[09:24] {+cc_9} MU beat on ER
01[09:24] {&Threei}  ron
[09:25] {_thenexttick} gm
[09:25] {RonS} stz shining
01[09:25] {&Threei}  tick
[09:26] {nemo} do you suck blood?
[09:26] {_thenexttick} no smileys today?
[09:26] {RonS} guessing no, but his twin is tock...
[09:27] {_thenexttick} yes we throw short squeeze parties together
[09:27] {+cc_9} JCP setting up for nutty volume on the first minute
[09:28] {Les} gm
01[09:28] {&Threei}  I decided to try and go a day with no single smile
01[09:28] {&Threei}  les
[09:28] {Les} i didn't know u could smile vad
[09:28] {nemo} great, isn't it Vad
01[09:29] {&Threei}  I pretend Les
[09:29] {Les} hmmm will have to try it sometime
01[09:30] {&Threei} Short Setup: GDX  .60 break
01[09:30] {&Threei}  If holds  .70
[09:32] {ese} morning
01[09:32] {&Threei}  ese
[09:32] {Les} FB gap down open
[09:34] {thomcbell} sndk beast
[09:35] {Les} taking the GLD express down
[09:35] {thomcbell} mu
[09:35] {+cc_9} long TXTR here for 29.50+ bounce
[09:35] {+cc_9} holding yesterday's LOD
[09:36] {thomcbell} 24 break if holding 24.10
[09:36] {thomcbell} invalid
01[09:36] {&Threei}  stop to .66
[09:36] {thomcbell} as said
[09:37] {+cc_9} long JCP here for bounce
[09:37] {Les} two tail GLD
01[09:37] {&Threei} Long Setup:  FB  .80 break
01[09:37] {&Threei}  If holds  .70
01[09:38] {&Threei}  1:1
01[09:38] {&Threei}  1:2
01[09:39] {&Threei}  trying for 1:4
01[09:40] {&Threei}  out on a trail
[09:40] {Les} wanted short under 58 no go
[09:40] {Les} little GLD on side of GDX paying off
[09:40] {+cc_9} long GME here
01[09:40] {&Threei}  half out GDX
01[09:41] {&Threei}  stop to .61
[09:41] {Les} aaah yeh ty sir half out
01[09:41] {&Threei}  yw
[09:43] {robbers} Out FB, thanks
01[09:44] {&Threei}  welcome robbers
[09:44] {+cc_9} JCP long so far so good
[09:44] {+cc_9} target 7.80 unchanged
[09:45] {dino} tur l .68
[09:45] {+cc_9} TXTR low volume but slowly coming in, need about 28.75 to breakout over 29
[09:45] {+cc_9} staying with it
[09:45] {+cc_9} GME nice pop, staying with it, target 45.50
[09:46] {Les} squeezed 1:2 out of gld
[09:46] {thomcbell} mu
[09:47] {+cc_9} JCP needs 7.65 bids to get a nice pop and full reversal, little wall 7.70
[09:47] {dino} qunr smr s .21 gappy
[09:48] {+cc_9} SPY tanking, JCP bids holding up nicely so far
[09:48] {+cc_9} VXX new highs
[09:48] {Les} would life FB to return to 58
01[09:48] {&Threei} Short Setup: MET  .60 break
01[09:49] {&Threei}  If holds  .67
[09:49] {+cc_9} JCP getting ready for breakout, staying with it
[09:49] {+cc_9} GME downside priced in yesterday, not tanking with market for now. Staying long GME as well
01[09:53] {&Threei}  meh
01[09:53] {&Threei}  oversat this one
[09:55] {+cc_9} TXTR getting ready to go green and breakout
[09:55] {+cc_9} TXTR new session highs
[09:56] {Les} FB leavesthestation
[09:58] {+cc_9} TXTR needs more volume to get a better spread, total volume today 71k
[09:58] {+cc_9} GME / JCP so far so good, getting ready for breakout on both
[09:58] {+cc_9} JCP !!!!!!!
[10:00] {+cc_9} QCOR death
[10:00] {Les} PLUG again
[10:00] {dino} cov qunr flat
[10:00] {dino} kmx sm l .97
[10:01] {Les} LIVE showing potentialreversal day
01[10:01] {&Threei} Short Setup: MCD  .20 break
01[10:01] {&Threei}  If holds  .30
[10:01] {+cc_9} GME new highs :D
[10:02] {+cc_9} QCOR huge crash
01[10:02] {&Threei}  Invalidated
[10:03] {+cc_9} QCOR easy money knuckles trade
[10:03] {+cc_9} GME blowing up! staying with it till 45.50
[10:05] {+cc_9} QCOR massive bounce, hope some of you guys picked up the 49s :D
[10:05] {Les} small FB short
[10:06] {+cc_9} GME through $45!
[10:06] {+cc_9} anyone in GME with me ?
[10:06] {Les} .70 holding .80
[10:06] {thomcbell} wow sndk
01[10:08] {&Threei} Long Setup:  MU  .80 break
01[10:08] {&Threei}  If holds  .75
[10:09] {+cc_9} QCOR flushathon round 2
[10:11] {RonS} Questcor volatility increase attributed to change in CDF funding
[10:11] {RonS} what is that?
01[10:11] {&Threei}  Questcor Pharma Hearing weakness attributed to circulation of chatter that the Chronic Disease Fund has called for halt in new enrollments for Acthar indications
01[10:12] {&Threei}  reference: http://www.cdfund.org/Patient-Diseases.aspx
[10:12] {Les} FB potential DBI
[10:13] {+cc_9} all out GME +$0.61
01[10:13] {&Threei}  come on MU... 1 cent to 1:1?
[10:13] {+cc_9} in QCOR here for knuckles bounce
[10:15] {Les} vad did you fix floor bot?
[10:16] {Les} FB stop
01[10:16] {&Threei}  do I look like a floor bot fixer?
01[10:17] {&Threei}  there is a programmer looking into it
[10:17] {Les} k
[10:17] {dino} jcp dog
[10:17] {+cc_9} GME blowing up !!!
[10:17] {Les} reading your setups all wrong. need to follow u in floor
[10:17] {thomcbell} VAD U still there on mu long?
01[10:18] {&Threei}  yes
01[10:18] {&Threei}  .74 stop
01[10:18] {&Threei}  Les... not sure what you mean
01[10:18] {&Threei}  floor or discussion, it's the same setup
[10:19] {Les} yeh yeh just want min. text to read
01[10:19] {&Threei}  1:1
[10:19] {Les} entered .85 entry not .80 dumped it flat
[10:19] {+cc_9} TXTR needs some bids back to the .70s, getting sloppy again
[10:20] {+cc_9} SPY helluva headfake this morning, market back to highs and raping LOD shorts
[10:20] {+cc_9} GME $0.20 from target price given this morning @ 45.50
[10:20] {+cc_9} 09:46 cc_9 GME nice pop, staying with it, target 45.50
01[10:20] {&Threei}  1:2
01[10:21] {&Threei}  good girl MU
[10:21] {thomcbell} piper speculated that aapl may be a big future dram customer for mu
01[10:21] {&Threei}  specualte away piper
[10:21] {thomcbell}     Micron Large DRAM Customer Is Likely Apple: Piper Jaffray  10:14
[10:21] {thomcbell}        Micron referring in conf. call to a large customer signing a l-t DRAM supply contract with a $250m pre-payment likely refers to a deal with Apple, Piper Jaffray analyst Jagadish Iyer (overweight) says.
[10:21] {thomcbell}     • Agreement is “testament to tight supply” in DRAM market, Piper says; sees robust DRAM pricing continuing as MU has no plans for DRAM capacity additions
[10:21] {thomcbell}     • Says FY1Q results were “solid” and expects MU gross margins to rise 450bps through remainder of FY14
[10:21] {thomcbell}     • Wedbush analyst Betsy Van Hees (outperform) says MU commentary was upbeat on n-t outlook, indicating DRAM supply is likely to be tight, NAND supply/demand balanced in
01[10:21] {&Threei}  especially while we are long
[10:25] {+cc_9} out QCOR for $1.04
[10:25] {+cc_9} calling it a day
[10:25] {dino} gj
[10:25] {Les} nice one
[10:25] {+cc_9} just need TXTR to turn around, but its looking very shitty
[10:28] {+cc_9} TXTR about to lose its bid again, uh oh @ $28.00
[10:28] {+cc_9} getting no dip buyers today, volume 125k wow
[10:30] {dino} qcor sm l .65 ave
[10:31] {+cc_9} QCOR will go back all the way to 50.50
[10:31] {+cc_9} RTRX suing QCOR
[10:31] {+cc_9} QCOR " good luck with that "
01[10:33] {&Threei}  1:3
01[10:33] {&Threei}  me out
06[10:33] * &Threei gives a thought to cracking a smile
06[10:34] * &Threei rejects the thought as highly inappropriate
[10:34] {+cc_9} TXTR trying not to crash under 28
[10:34] {robbers} Out MOO, appreciate it Vaed.
01[10:34] {&Threei}  cool beans robbers
[10:35] {+cc_9} i dont quite understand the L2 on TXTR
[10:35] {+cc_9} buyers come and take the .20s
[10:35] {+cc_9} all trades go @ offer, then bid drops $0.10
[10:38] {+cc_9} TXTR slow liquidation, stock @ lows and @ yesterdays LOD range as well, no dip buyers so far on the day
[10:38] {+cc_9} just straight garbage dump
01[10:38] {&Threei}  FB... watching for long entry on pullback
[10:39] {+cc_9} 10:31 cc_9 QCOR will go back all the way to 50.50
[10:39] {+cc_9} ;)
[10:40] {Les} small GLD short
[10:40] {Les} .78 holding .90
[10:41] {+cc_9} TXTR flushed under $29
[10:44] {+cc_9} adding TXTR here 28.01
[10:44] {+cc_9} new cost 28.45
[10:44] {+cc_9} looking dogish
[10:45] {thomcbell} trla 38.67 long break
[10:45] {thomcbell} sorry didnt type fast enough
[10:45] {+cc_9} well look at that again TXTR...offers move to 28.10, bid dumps right away to 27.94
[10:45] {thomcbell} rvbd takeover chatter
[10:45] {thomcbell} might be good for you spikers
[10:46] {thomcbell} my stop on mu is now 23.98
[10:47] {+cc_9} RVBD that looks quite tasty for a short
[10:47] {+cc_9} gona play it same as CMCSA yesterday
[10:47] {+cc_9} stock should fade under $19.00 on profit taking
[10:47] {+cc_9} waiting for one more leg up to get short
[10:48] {thomcbell} 19 is proposed price from elliott
[10:48] {thomcbell} even better for your thesis cc on rvbd
01[10:51] {&Threei}  FB nears entry point
[10:51] {+cc_9} TXTR needs another defense today it seems....
01[10:51] {&Threei}  one more leg down
01[10:51] {&Threei}  around 58, desirably just under
[10:51] {+cc_9} you're looking to short FB vad ?
01[10:51] {&Threei}  no, looking for long on oullback
[10:52] {Les} gld stopped fade time
[10:52] {dino} out qcor .35, +.70
[10:53] {+cc_9} good job dino, it hit that $50.50 target and stayed there as resistance ;)
01[10:53] {&Threei} Long Setup:  FB  58 break
01[10:53] {&Threei}  If holds  .90
[10:53] {+cc_9} TXTR massive seller at 28.01
[10:54] {dino} yeah, was at 50.65, but couldn't get it
[10:54] {+cc_9} TXTR back to session lows
[10:55] {Les} NOW Vad
[10:56] {ese} L icld .08
[10:56] {ese} out ½ .20 +.12
[10:56] {ese} balance break even
[10:56] {+cc_9} massive seller showing up on TXTR now on each downtick
[10:56] {+cc_9} could setting up a crash
01[10:57] {&Threei}  a bit too heavy, FB
[10:57] {Les} sm. NOW short .88 holding 58
01[10:57] {&Threei}  let's trail to .94
[10:58] {ese} stopped balance icld .08
[10:58] {ese} close enough for jazz
01[10:59] {&Threei}  morning trades we easier and faster
01[10:59] {&Threei}  FB struggles
01[10:59] {&Threei}  we = were
[10:59] {+cc_9} TXTR put a fork in it...game over on that stock for now
01[10:59] {&Threei}  going to 4 now?
01[11:00] {&Threei}  1:1 FB
[11:00] {+cc_9} from looks of it, its headed to $0.00
[11:00] {+cc_9} nobody interested in buying it up, 250k shares traded in 1.5 hours, that cannot be good
[11:00] {+cc_9} all those defenses and still nothing
01[11:00] {&Threei}  hehe
[11:01] {+cc_9} it needs like 10 more defenses
[11:01] {+cc_9} TXTR management should be making phone calls right now to JPM / GS / Merill and everyone in the industry to issue positive statements
[11:01] {dino} qcor dropping
[11:01] {+cc_9} if Credit Suiss can't get it moving, you know its screwed
[11:02] {Les} FB printed .20 didn't get swept
01[11:02] {&Threei}  1:2 baby
[11:02] {Les} ty sir
[11:02] {+cc_9} im just surprised that it did not even get 1 single bounce since 10AM TXTR, not one lol
01[11:02] {&Threei}  yw
[11:02] {+cc_9} so the stock is down about $5.00 since yesterday and still no buyers
01[11:02] {&Threei}  one of those cases when the trade was read in advance
[11:03] {Les} all out on trail
[11:04] {RonS} Elliott Says Riverbed Offer is Based on Publicly-Disclosed Info Only, Sees Opportunity to Raise Offer with Private Info $RVBD
[11:07] {+cc_9} TXTR crashing hard 27.50, chart is totally broken at this level, 0 support on any time frame
[11:09] {dino} kmx stop .73 -.24
[11:10] {RonS} sm l tal .07
[11:10] {Les} Vad FCX .35 short?
[11:11] {Les} 50 day at 36
01[11:12] {&Threei}  a bit too narrow
[11:12] {Les}  k
01[11:12] {&Threei}  sits within 10 cents range for the most of the day so far
[11:13] {dino} apam spike
[11:13] {+cc_9} TXTR on its way to crash new lows
[11:13] {+cc_9} all red candles on 5min since 10:15
[11:13] {+cc_9} basically 1 hour of red candles
[11:14] {dino} tur stop .35 -.30
[11:16] {+cc_9} come on...someone come defend TXTR before it goes to $4.00 for fuk sake
[11:16] {Les} JPM deciding which way here not right time of day though
[11:19] {+cc_9} TXTR sinking faster than the Titanic
[11:19] {+cc_9} 27.20s
01[11:20] {&Threei}  action has probably calmed down up to Fed minutes
[11:21] {RonS} scty looking to btfo
01[11:22] {&Threei} Short Setup: MOS  .70 break hl
01[11:22] {&Threei}  actually
01[11:22] {&Threei} Short Setup: MOS  .75 break hl
01[11:22] {&Threei}  If holds  .80
[11:26] {RonS} now cc can really have a simian party...
[11:26] {munky} hello
01[11:27] {&Threei}  hi munky, welcome
[11:28] {Les} https://www.youtube.com/watch?v=OTxPlUnDQ1U
[11:28] {+cc_9} TXTR trying to form a baby base, but i would not hold my breath on it
[11:28] {Les} Yo Munky
[11:28] {+cc_9} needs like $28+ before anything at this point
[11:29] {Les} still in NOW short .89 could be two way at this point
[11:33] {+cc_9} FB getting a move here
[11:34] {thomcbell} mu 24 long break
[11:35] {thomcbell} if holding 23.94
01[11:38] {&Threei} Long Setup:  TXTR  .40 break hl
01[11:38] {&Threei}  If holds  .30
01[11:39] {&Threei}  meh MOS
[11:41] {RonS} is the paint dry?  txtr
[11:41] {Les} NOW stopped
[11:41] {RonS} ...and became THEN...
[11:42] {Les} ...and Ron will be standing in for Nemo tonight ladies and gentlemen
[11:42] {Les} :)
[11:42] {Les} NOW turned into LONG
[11:43] {nemo} inflection at 58 then vwap
[11:43] {RonS} or WRONG...
[11:43] {+cc_9} TXTR feels like its halted
[11:43] {+cc_9} volume just took a nap
[11:44] {+cc_9} QCOR might setup another crashathon, slowly dipping, keeping close eye
[11:45] {+cc_9} TXTR small buyers come in at .40s, sellers hit that right away and drop back to .30s
[11:45] {+cc_9} this is just sad, all around
[11:45] {+cc_9} oh....40s TXTR lol
[11:45] {+cc_9} it just moved $0.10! to the mooooooooooon
01[11:46] {&Threei}  someone pass cc a pacifier
06[11:46] * nemo gives cc a bottle of Grey Goose
01[11:46] {&Threei}  with pacifier
[11:46] {nemo} fine
[11:47] {Les} lol
[11:47] {nemo} was thinking beer bong myself
[11:47] {+cc_9} all im watching is TXTR level 2 for criminal activity
[11:47] {RonS} munky slaps cc with a large trout
[11:48] {+cc_9} seriously, if bored, just put TXTR on your L2/T&S and just watch the prints, its very sad
[11:49] {nemo} kinda piled up on the offers
[11:50] {Les} PLUG testing VWAP
[11:51] {+cc_9} NBIX about to lose its shit if cracks $17.00. Profit taking galore
[11:52] {+cc_9} someone just bot 7 shares of TXTR at the ask = she flies
[11:52] {+cc_9} I repeat, 7 shares were bot
[11:52] {+cc_9} aaaaaaaaand bid tanks
[11:52] {nemo} 1 4 4 1 1
[11:52] {nemo} wow
[11:52] {+cc_9} you see that too nemo right ?
[11:52] {nemo} yeah
[11:53] {Les} NOW nice shake off SOMG
[11:53] {+cc_9} if nots that ECN morse code, then idk what it is
[11:53] {+cc_9} if that's not*
[11:53] {thomcbell} mu invalid - obviously
[11:53] {nemo} not good when the bid goes donw on that shit
[11:53] {dino} tur last try l .29
[11:53] {RonS} was krill1234
[11:53] {+cc_9}  1 1 4 1 7
[11:53] {nemo} interesting point cc
[11:53] {+cc_9} those have to be messages between trading desks, or some sort of information
[11:53] {nemo} yeah
[11:53] {+cc_9} bc nobody in their right might would send 1 share
[11:53] {+cc_9} and 4 shares
[11:53] {+cc_9} and 7 shares
[11:54] {nemo} nasd
[11:54] {nemo} 1 on nyse
[11:54] {+cc_9} yes, just now again, and bid dropping
[11:55] {+cc_9} "Chaim, you need to get out right here 1 = 10k / 7 = 70k"
[11:55] {Les} cc look at NBIX
[11:55] {Les} someone got stung at 1.30 above the bid
[11:55] {Les} what is that?
[11:55] {+cc_9} "Ezra, 1, quick before goyim finds out"
[11:55] {+cc_9} Les, nah
[11:55] {+cc_9} wick disappeared, look again
[11:55] {Les} its on T and S
[11:55] {+cc_9} settlement trade or fat finger adjusted
[11:55] {+cc_9} yes, but what route ?
[11:56] {Les} 18.51 for 32
01[11:56] {&Threei}  oh well
[11:56] {+cc_9} settlement
01[11:56] {&Threei}  easy money was made in the morning
[11:56] {+cc_9} nemo, look TXTR now when those 1 1 4 1 7 went through
[11:56] {+cc_9} bid crashing hard now
[11:56] {Les} ok
[11:56] {+cc_9} and back to session lows
[11:56] {nemo} yeah
[11:56] {+cc_9} that fake bounce in the 40s was to dump on
[11:56] {nemo} everything thinning though look offers at .30
[11:58] {+cc_9} nope, they are lining up the sells at 27
[11:58] {+cc_9} while yanking the bids
[11:58] {+cc_9} 1 guy sitting at .25 = it goes below if LOd tests with no bid to support it
[11:59] {nemo} can't remember the last time I saw share transactions like that this regularly
[11:59] {+cc_9} this is what leads me to believe those prints actually have a meaning, i swear im not tinfoiling...
[12:00] {+cc_9} when i see odd lots, usually they are broken up from another order block
[12:00] {+cc_9} so if you see 30 print
[12:00] {+cc_9} then u will see a 70 to match it for round 100
[12:00] {+cc_9} but 1 1 4 1 7
[12:00] {+cc_9} that shit dont make any sense
[12:00] {nemo} you're not...buddy of mine used to tell me how desks would signal each other using share size on sequential transaction
[12:00] {+cc_9} that's correct
[12:01] {Les} GT testing yesterdays high and failure to break out
[12:02] {RonS} vjet rocketing
[12:02] {+cc_9} if TXTR does not bounce to the .40s/.50s here, its about to totally crash under 27
[12:03] {nemo} were you in advertising Ron?
[12:03] {Les} thinking English teacher
[12:03] {RonS} Playgirl centerfold only...
[12:03] {nemo} braille version
[12:03] {RonS} lol
[12:04] {Les} lol
[12:04] {Les} where does he come up with those rejoinders..
[12:04] {+cc_9} nemo, here is where you watch TXTR L2 and T&S again
[12:04] {+cc_9} see if the sellers show up on this offer push
[12:04] {+cc_9} you see him at 27.40 on EDGX ?
[12:05] {nemo} just dropped
[12:05] {nemo} unless hidden orders
[12:05] {nemo} back
[12:05] {+cc_9} not he is still there
[12:05] {+cc_9} 11
[12:05] {nemo} yeah, he dropped for a second
[12:05] {+cc_9} you see how the bid side for 27.40 does not match
[12:05] {+cc_9} with only 1 guy at 33
[12:05] {nemo} yes
[12:06] {+cc_9} fishiest L2/T&S in a while...
[12:06] {+cc_9} lets see what he does at 27.40
[12:06] {nemo} vjet apogee
[12:08] {RonS} too esoteric...
[12:08] {nemo} true
[12:08] {RonS} headline writer = 5th grade level...
[12:08] {nemo} of course, I write in philosophy so my vocabulary tends that way
[12:09] {nemo} Qcor looks weak, but did it make it on the uptick rule?
[12:10] {Les} apogwhat?
[12:10] {nemo} fishy orders again txtr
[12:10] {+cc_9} nemo, look now
[12:10] {+cc_9} order for 2
[12:10] {+cc_9} went through
[12:11] {+cc_9} and bid dropped
[12:11] {nemo} and 5 below that
[12:11] {+cc_9} yes
[12:11] {Les} so can't buy 5 shares?
[12:11] {nemo} wtf
[12:11] {+cc_9} that basically means there is a lot of orders that need to get sold
[12:11] {+cc_9} but there is not enough offers to sustain
[12:11] {+cc_9} if you see on the chart today
[12:12] {+cc_9} each time it tried to bounce, the sellers stepped in full force
[12:12] {Les} so they're taking anything they can find u mean?
[12:12] {+cc_9} not allowing it to even get a tiny bounce = they want out ASAP
[12:12] {+cc_9} Les yes
[12:12] {+cc_9} any $0.10 or $0.20 move up on the offer gets sold on
[12:12] {+cc_9} u can tell because soon as offers come in, the spread tightens, then small bounce and bid goes down big
[12:12] {+cc_9} right now .28/.29
[12:12] {nemo} and spread spreads
[12:12] {+cc_9} if offers get taken and new sellers show up, they will drop the bid lower
[12:13] {+cc_9} correct nemo
[12:13] {+cc_9} let me try something
[12:13] {+cc_9} watch the T&S
[12:13] {Les} Nemo what do you think GT .50 recross short?
[12:13] {Les} holding .55
[12:13] {nemo} not this time of day
[12:13] {+cc_9} actually, lets see if gets .30s again, im gona try something to see if it works
[12:14] {+cc_9} look now 1x4, even if all taken @ offer
[12:14] {+cc_9} keep an eye on the T&S on TXTR
[12:14] {+cc_9} im gona seee if they take funny orders, or lump them up
[12:15] {nemo} Inet has supply at .29 here
[12:16] {nemo} oh yeah, they changed the rules a couple of weeks ago on combining orders
01[12:17] {&Threei}  in what way?
[12:17] {nemo} I forgot actually the specifics, but combining and executing odd share size orders was changed
[12:17] {ese} outta here cya tomorrow....good job today cc......your always on fire buddy
[12:17] {+cc_9} nemo, watch TXTR here again
[12:17] {nemo} yep
[12:17] {+cc_9} look @ the side of the seller at .30
[12:17] {+cc_9} large 4k on NASD/Q
[12:17] {+cc_9} take care ese!
[12:18] {+cc_9} and then look @ the bid against it
[12:18] {+cc_9} moved it from NASD to ARCA
[12:18] {nemo} yep
[12:18] {+cc_9} you see some prints below for 2 shares ?
[12:18] {+cc_9} a couple of them actually
[12:19] {nemo} yeah
[12:19] {nemo} this is not the stock to be playing with right now
[12:19] {nemo} somebody is gaming it
[12:19] {nemo} and they have friends
[12:19] {+cc_9} im telling you, after watching the action on the L2 yesterday very closely, i can tell you this one is being manipulated between a bunch of desks selling to each other to get out
[12:20] {+cc_9} i have no doubt the bid is gona crash under .20 any moment now
[12:20] {+cc_9} just not enough orders to sustain this price
[12:20] {nemo} and if they let it lose .20 it goes to 27, so they're trying to get out before that happens
01[12:20] {&Threei}  selling to each other to get out?
01[12:20] {&Threei}  how's that work?
[12:21] {+cc_9} some desks have much better liquidity than others
[12:21] {+cc_9} some can use their own routes
01[12:21] {&Threei}  yes but if one bought from another, it's long
[12:21] {nemo} 4 share transaction
01[12:21] {&Threei}  it has to sell to someone else than the other desk
[12:21] {nemo} one desk could buy and sell to it's own traders to maintain bid levels and try to get transactios inside the range that gradually reduce or increase their positions
01[12:22] {&Threei}  or you mean one uses another with higher liquidity as a conduit?
[12:22] {+cc_9} what nemo just said
[12:22] {nemo} bingo
[12:22] {nemo} FADF
[12:22] {+cc_9} 12:21 cc_9 i have no doubt the bid is gona crash under .20 any moment now
[12:22] {nemo} dark pool volume
[12:22] {+cc_9} told you
[12:22] {+cc_9} yup
[12:22] {nemo} Yeah, buddy of mine was talking about that technique yesterday
01[12:23] {&Threei}  that is poassible only if desk acts as principal
01[12:23] {&Threei}  not all of them are allowed to do that
01[12:24] {&Threei}  so if one that can function as agency only sells per agreement to the one that can be a principal, I can see this working
[12:24] {+cc_9} if loses 27, they are just gona go all out gangster and pile up on the sell side with no mercy
[12:24] {Les} define those terms Vad
[12:24] {Les} agency and principal
01[12:25] {&Threei}  agency provides you with link to the market place
01[12:25] {&Threei}  think direct access,
[12:25] {nemo} Vad, I think as long as there's short shares available and you have long inventory, and a way to signal between desks, you can do it
[12:25] {dino} i think they do whatever they want and deal w/it later
[12:25] {nemo} and this isn't huge volume
01[12:25] {&Threei}  and any broker that simply sends your order to the market.
[12:25] {+cc_9} the 27 bids were like 40
01[12:25] {&Threei}  Principal can fill your order from their own inventory
01[12:26] {&Threei}  which on surface seems beneficial
01[12:26] {&Threei}  but in reality works against you in the long run
[12:26] {Les} but if they're trying to dump on you...
[12:26] {Les} yeh
[12:26] {nemo} Yes, you game a range where you want to buy or sell, somebody can show up and screw up your game
01[12:26] {&Threei}  as your broker essdentially trades against you
[12:26] {nemo} but, that's part of the risk
[12:26] {Les} you are the mark, as in a game of poker
01[12:26] {&Threei}  yup
[12:27] {nemo} hehehehe , wonder if that bid is real at .00
[12:28] {Les} DJIA the weaker dog again
[12:29] {nemo} gnite Irene
[12:30] {Les} thank u for the lesson fellas
[12:30] {nemo} wow
[12:30] {nemo} bottom falling out
[12:31] {nemo} this important level
[12:31] {+cc_9} they are taking any bids they can
[12:31] {nemo} next is 24.50 level
[12:32] {Les} GT is working stop to .50
[12:33] {+cc_9} im gona buy TXTR here now
[12:34] {Les} lol f&%ç u GT
[12:35] {Les} cheeky prick
[12:35] {nemo} nah, hou had to leave your stop above the high, look at time of day, takes nothing to move it comparatively
[12:36] {nemo} Got a question:  How do you short a stock that has broken the highs on the daily recently?
[12:37] {Les} aggressive short DT and definitely keep it light
01[12:37] {&Threei}  answer: you don't
[12:37] {Les} oh frig off Vad
[12:38] {nemo} privyet
01[12:38] {&Threei}  you short a stock that forms short setup
[12:38] {nemo} yep
[12:38] {nemo} you shorted a new high
[12:38] {nemo} whoa
[12:38] {nemo}  no weakness
[12:38] {Les} yeh right who was talking easy money all gone for the morning
[12:38] {nemo} indexes flat,
[12:38] {nemo} and this was showing relative strength
[12:38] {nemo} and, though you were right in the very short term, it bounced right at support
[12:39] {Les} nice game turning .01 from 1:1 and that's it. stopped out above trigger. can'^t play it any tighter
[12:39] {nemo} oh jeez CC SFSG
01[12:41] {&Threei}  ok, i read it three times and still don't see the connection
01[12:41] {&Threei}  12:38] {Les} yeh right who was talking easy money all gone for the morning
01[12:41] {&Threei}  what does it have to do with shorting GT?
[12:42] {+cc_9} nemo, SFSG ?
[12:42] {nemo} So Far So Good
[12:42] {nemo} sorry
[12:42] {+cc_9} yes
[12:42] {+cc_9} not holding my breath, but i think big dumpers are out
[12:48] {nemo} btw...now a drop below .50 is a setup in GT, but that stock has been so ring, I wouldn't
[12:48] {nemo} ring=strong
[12:50] {nemo} Hey CC:  http://bit.ly/1dwpMzv
[12:52] {+cc_9} i see the skid marks by the rock
[13:15] {nemo} sheesh index bid pulls
[13:18] {+cc_9} TXTR there she goes
[13:24] {+cc_9} TXTR flying
[13:27] {nemo} GDX popping up again like yesteday
[13:33] {dino} stop tur -.22
[13:33] {dino} stop jcp -.13
[13:33] {dino} '14 has been tough on me. calling it a day. need to figure out some things
01[13:34] {&Threei}  take care dino
[13:34] {RonS} take care dino...you will come back...
[13:35] {dino} thx, appreciate it. back at it tomorrow. ironically the few swings i had on in stsmart pro covered my daytrading losses, so, net/net even. but have to figure out my day trade issues
[13:35] {nemo} dcc dino
[13:53] {dino} guys, goes w/o saying, do not blindly trade off of me tomorrow, or for the next several days
01[13:54] {&Threei}  dino... my bet is, will take you till next week max
01[13:54] {&Threei}  not a first time
01[13:55] {&Threei}  poor white house mouthpiece defends against Gates accusations
01[13:55] {&Threei}  guy has the worst job in the world
[13:56] {nemo} yeah, and Gates is known universally as an honorable guy
01[13:56] {&Threei}  very much so
01[13:56] {&Threei}  politically agnostic, highly professional
[13:58] {+cc_9} VXX trade, get ready for it
[14:00] {Les} ty Nemo
01[14:02] {&Threei}  US) MINUTES OF THE DEC 17-18 FOMC MEETING: JOB MARKET EXPECTED TO CONTINUE TO IMPROVE; PARTICIPANTS HAD CONCERN ABOUT LOW INFLATION- Some officials did discuss changing unemployment thresholds'
01[14:02] {&Threei}  some felt a larger reduction in bond buying in December and a faster end to the program was warranted
[14:02] {nemo} what I do now?
01[14:02] {&Threei}  lol, each next line sends market in opposite direction
[14:02] {nemo} was I drunk?
01[14:03] {&Threei}  were you ever not?
[14:03] {+cc_9} no direction in market yet
[14:03] {+cc_9} 183.85 we roof
[14:03] {+cc_9} 183.25 we dogtank
[14:04] {Les} shorted GLD initially at .25 and stopped flat.
[14:04] {Les} shorted GLD at .14 stop above .25 and watched it like a hawk
[14:05] {Les} same L2 shit as TXTR
[14:05] {Les} trying to drive it higher on 3, 15, 8 shares etc
[14:05] {Les} very interesting to watch this happen
[14:05] {Les} thought the bastards were gonna get me
[14:05] {Les} then the trapdoor opened
[14:06] {Les} cc and your conversation was very enlightening
[14:06] {Les} all out .85
[14:06] {+cc_9} right now les, too much order flow bc of Fed, you see SPY wick up/down , no direction yet
[14:06] {+cc_9} there is always one fake move before it reverses to the actual EOD direction
[14:06] {+cc_9} at this level, its 50/50 since no side has yet been taken
[14:06] {Les} that might have been my luck
[14:06] {+cc_9} VXX and SPY are literally at the same price they were before fed
[14:06] {+cc_9} no change
[14:07] {Les} shorted at 13:44
[14:07] {nemo} or as Cooper says the market does the "cha cha cha"  take the third "cha"
01[14:07] {&Threei}  lol
01[14:07] {&Threei}  Les, aside of being a bit too close to the minutes release time, that was valid setup
[14:07] {Les} but watching L2 closely for first time... telling its own story
[14:08] {nemo} spaghetti trade
01[14:08] {&Threei}  I wouldn't take it for that reason, minutes release could have sent it either w'ay screaming
[14:08] {+cc_9} there you go, SPY now giving in
[14:08] {Les} thought I'd fucked up again, but GDX refused to budge off of .70
01[14:08] {&Threei}  but pure chart wise, it was a good trade
[14:08] {+cc_9} 14:04 cc_9 183.25 we dogtank
[14:08] {+cc_9} look @ the bottom of the wick
[14:08] {+cc_9} .25 on the nose, hence anything below = dog move
01[14:09] {&Threei}  bottom line in minutes as far as I can tell is:
[14:09] {nemo} cha=down  cha cha=up  cha cha cha=down
01[14:09] {&Threei}  they rejected the idea of adjusting threshold for QE ending
[14:12] {thomcbell} lvs very very firm here
01[14:12] {&Threei}  with Fed comprised mostly of doves, the fact that most thought reduction in buying was necessary is very telling
01[14:13] {&Threei} Short Setup: GLD  .80 break hl
01[14:14] {&Threei}  If holds  .90
01[14:16] {&Threei}  stop to .86
01[14:19] {&Threei}  1:1
01[14:19] {&Threei}  before fish_49 is back let me say this:
[14:19] {thomcbell} talk tomorrow am guys
01[14:19] {&Threei}  like fish ina barrel
01[14:19] {&Threei}  take care tbell
[14:21] {+cc_9} have a good one guys
01[14:22] {&Threei}  1:2
01[14:25] {&Threei}  done with GLD on a trail
01[14:26] {&Threei}  didn't get taken out at 1:3
[14:26] {Les} http://www.independent.co.uk/news/pictures/polar-vortex-best-photos-of-us-big-freeze-9046077.html
[14:39] {RonS} pm smoked
[14:40] {nemo} ebay
01[14:42] {&Threei} Short Setup: SLW  21 breeak
01[14:42] {&Threei}  If holds  .10
[14:43] {nemo} I knew it, I go pee, and ebay broke
[14:44] {Les} funny always figured you in an adult diaper
01[14:44] {&Threei}  he had to change that I guess
[14:44] {nemo} you see the shotgun too?
[14:45] {Les} riding shotgun with a male tatooed bikie while wearing a diaper?
[14:45] {Les} bit odd ain't it
[14:45] {nemo} pot calling kettle "black"
[14:45] {Les} blah blah blah
[14:45] {Les} :P
01[15:00] {&Threei}  oh god... http://www.youtube.com/watch?v=G5MS1GSftNY
[15:01] {Les} how do you find these things
[15:03] {nemo} ahhh, he's from Russia?
[15:04] {Les} ok, let me rephrase
[15:04] {Les} why share this with us?
[15:04] {nemo} he uses you as the lowest common denominator
[15:05] {Les} unless it is a familymember you'd like to introduce...?
[15:05] {Les} ty Nemo
[15:05] {nemo} it's almost not sporting
[15:05] {Les} so did you test your rabbit in the snow these last few days?
[15:06] {nemo} she's a house rabbit
[15:06] {Les} helps when skinning them
[15:06] {Les} C finally giving some back
[15:07] {nemo} is that what u call it
[15:07] {Les} well... intraday
[15:08] {Les} actually think its ready to head back to daily pivot support
[15:09] {nemo} that lower double top at vwap
[15:09] {Les} yeh notice the 15 min bb channel. see if it consolidates above .60
01[15:13] {&Threei}  Invalidated
[15:19] {Les} there goes c along with indexes
01[15:20] {&Threei}  ugh... hesitated about CAT short at .10
[15:21] {Les} half cover c here
[15:31] {Les} who is dennis rodman and what is he doing singing to the fat korean kid
01[15:31] {&Threei}  imbecile
01[15:34] {&Threei} Short Setup: GLD  .35 break
01[15:35] {&Threei}  If holds  .42
[15:37] {Les} C 2nd half stop
01[15:38] {&Threei}  1:1
[15:39] {Les} old boots
01[15:39] {&Threei}  fish
01[15:39] {&Threei}  in a barrel
01[15:40] {&Threei}  lol
01[15:40] {&Threei}  “A good friend will always stab you in the front.” - Oscar Wilde
[15:40] {Les} this coming from a gay fella. double entendre I think
01[15:40] {&Threei}  probably
[15:41] {Les} or an inside joke
01[15:45] {&Threei}  1:2
01[15:51] {&Threei}  stop to .21
01[15:51] {&Threei}  time's pressing
01[15:54] {&Threei}  to .16 now
01[15:56] {&Threei}  Ok, done
01[15:56] {&Threei}  thank you all, have a great evening
01[15:56] {&Threei}  see youi tomorrow
[15:56] {Les} a+

Jan 07 2014

Juicy almost 1:5 play on double top reversal, on top of quite a few of other nice trades.

Session Time: Tue Jan 07 00:00:00 2014
[09:03] {dino} gm
01[09:03] {@Threei}  dino :)
01[09:04] {@Threei}  cold?
[09:05] {dino} yes, zero w/high winds, wind chill -20
01[09:06] {@Threei}  man, just how much I don't miss all that
[09:09] {dino} yeah, i'd rather be golfing in north carolina
[09:10] {+cc_9} Good morning all.
01[09:10] {@Threei}  cc9 :)
[09:11] {RonS} gm
01[09:11] {@Threei}  ron :)
[09:12] {RonS} how do you know it's winter? when on a windless evening 27F walk it seems balmy...
[09:12] {RonS} ...and a 34F morning seems warm
[09:13] {_thenexttick} gm
01[09:13] {@Threei}  tick :)
01[09:14] {@Threei}  when we have about 3-5C here, we feel it's cold... until we turn TV on and see what happens over the rest of Canada
[09:16] {nemo} what up w/nflx
01[09:18] {@Threei}  MS downgraded
01[09:18] {@Threei}  Netflix Inc Morgan Stanley Cuts NFLX to Underweight from Equal Weight- Morgan Stanley suggests streaming competition is growing more intense and Netflix domestic subscriber growth will slow y/y.
[09:23] {ese} morning
01[09:23] {@Threei}  ese :)
[09:25] {ese} no point to having a 2 week holiday....when you go back to work....all hell for work just piles up
[09:27] {+cc_9} JPM came out with positive comments on FSLR, ain't that something...
[09:27] {nemo} that's what's funny about "vacations"  you work your ass off to get ready for it, then you work your ass off to catch up when you get back
[09:29] {ese} man....you got that right
[09:29] {robbers} No such thing as a vacation, it's merely time shifting.
[09:29] {nemo} yep
[09:29] {ese} must have answered 6 million emails and phone calls yesterday form all over the planet
[09:29] {+cc_9} long FSLR open
[09:30] {nemo} make up for yesterday
[09:31] {+cc_9} GS basically gave cheaper price for JPM
[09:31] {+cc_9} cute
[09:31] {thomcbell} looking for wft short entry
01[09:32] {@Threei} Short Setup: GLD  .40 break
01[09:32] {@Threei}  If holds  .50
[09:32] {+cc_9} FSLR pop @ open, no follow through yet
01[09:33] {@Threei}  valid still
[09:33] {+cc_9} SCTY dump
[09:33] {+cc_9} FSLR catching bids here
[09:33] {Les} what setup?
01[09:34] {@Threei}  late, triggered
01[09:34] {@Threei}  GLD .40 short
01[09:34] {@Threei}  actually, second chancre
[09:34] {+cc_9} FSLR new highs, almost 53
[09:34] {thomcbell} wft 14.51 short break if holding 14.62
[09:34] {+cc_9} rejected hard @ 53
[09:34] {+cc_9} second attempt here
01[09:35] {@Threei}  stop to .46
01[09:35] {@Threei}  two tails
[09:35] {+cc_9} FSLR target 5350
[09:36] {thomcbell} wprt firm here
[09:37] {+cc_9} FSLR could move fast once cracks 53
[09:37] {+cc_9} limit to sell 53.21
01[09:37] {@Threei}  missed part cover at .31
01[09:37] {@Threei}  out
[09:39] {+cc_9} FSLR 53
[09:39] {+cc_9} 53.10
[09:39] {+cc_9} going
[09:39] {+cc_9} come on FSLR, give me 53.20
01[09:40] {@Threei} Short Setup: FB  .10 break hl
01[09:40] {@Threei}  If holds  .20
[09:40] {+cc_9} all out FSLR, target hit +$0.89
01[09:41] {@Threei}  wtg
[09:42] {dino} sm l gpor .85
01[09:42] {@Threei}  FB tumble
[09:43] {Les} near previous daily highs
[09:43] {Les} out .77 ty
[09:44] {thomcbell} monstrous call on fb
[09:44] {dino} gpor stop
[09:44] {thomcbell} wynn already thru lvs looking long here
01[09:44] {@Threei}  yw
[09:46] {dino} gpor rinsed
[09:46] {+cc_9} holy shit NBIX
[09:47] {+cc_9} look @ chart from yesterday
01[09:47] {@Threei} Short Setup: SLW  .80 break
01[09:47] {@Threei}  If holds  .90
[09:47] {thomcbell} mu holy christmas today
[09:49] {thomcbell} wft still valid
[09:49] {+cc_9} need a trade in MU
[09:51] {Les} FB big vol. here at open
[09:51] {Les} potential dt
[09:51] {nemo} finnies weak
[09:51] {Les} piss off nemo
[09:51] {Les} FB short .10?
[09:51] {nemo} all is right with the world
[09:51] {thomcbell} setting up long it looks
[09:51] {thomcbell} fb
[09:52] {thomcbell} too wide for me but could explode here
[09:52] {Les} shit I just shorted it. talk about goldfish memory
01[09:53] {@Threei}  there is no short setup here
[09:53] {Les} yeh yeh
01[09:53] {@Threei}  don't enter trades just because, will ya?
[09:53] {thomcbell} wft invalidated
[09:53] {Les} no I mean we just shorted it with your call prior.
[09:53] {nemo} good old RFA
[09:53] {Les} already forgotten
01[09:54] {@Threei}  ok... scared me
[09:54] {thomcbell} 3 weeks tight pattern on fb with 58.68 entry
01[09:55] {@Threei} Short Setup: MU  .60 break
[09:55] {dino} gpor reload .85 sm l
01[09:55] {@Threei}  If holds  .70
01[09:57] {@Threei}  crap, wanted to call FB long around .20 and was late...
[09:59] {ese} cbc:news- US south east endure 2nd day of polar vortex........dino ...it this you.  Frozen kahunahs!
[09:59] {dino} epzm smr s .00
01[10:00] {@Threei}  canadian dollar is a thing of beauty today
[10:01] {Les} ain't making new lows yset
[10:01] {RonS} the answer to "when do you know you are loony"?
[10:01] {ese} sure is getting wacked vad
[10:01] {RonS} loonie
[10:02] {Les} GLD returning to lows
[10:02] {dino} out gpor .45, +.60
01[10:02] {@Threei}  let's trail MU to .66
[10:02] {RonS} took gpor 55.55 ave out 56.45 +.90 thanks dino
01[10:02] {@Threei}  wtg guys
[10:02] {Les} SLW close to b/d
[10:03] {Les} short .80?
01[10:03] {@Threei}  09:47] {@Threei} Short Setup: SLW .80 break
01[10:03] {@Threei}  [09:47] {@Threei} If holds .90
01[10:03] {@Threei}  that would be a yes
[10:03] {dino} gj ron
[10:04] {thomcbell} splk bananas today
[10:04] {Les} wanna follow u on floor but no text or calls
01[10:05] {@Threei}  mirror bot broke
[10:05] {Les} k
01[10:06] {@Threei}  MU 1:1
01[10:06] {@Threei}  09:49] {+cc_9} need a trade in MU
01[10:06] {@Threei}  I delivered
01[10:06] {@Threei}  if there is programmer in da house who can help with restoring floor mirror, raise your hand
[10:07] {thomcbell} short setup CAM 21.93 break if holding 58.02
[10:09] {nemo} huh?
[10:11] {dino} nbix spike
[10:12] {thomcbell} 57.93
[10:12] {thomcbell} on cam sorry
[10:13] {+cc_9} SCTY all over the map
[10:13] {nemo} siri?
[10:13] {+cc_9} what about it
[10:13] {nemo} just reminder to look at it
[10:14] {Les} JPM potential DBI
[10:16] {+cc_9} SCTY hard landing
01[10:17] {@Threei}  no go SLW
[10:17] {dino} nbix sm s .15
[10:17] {nemo} fslr too
01[10:18] {@Threei}  covered MU in full
[10:20] {+cc_9} LNKD hell of a pop
[10:21] {+cc_9} NBIX session highs
[10:22] {dino} nbix stop -.35
[10:24] {+cc_9} financialtrader $NBIX nibbled some commons 16.61 3000 shares
[10:24] {+cc_9} "nibbled some commons"
[10:24] {+cc_9} who even says that...
[10:24] {+cc_9} like you can nibble preferred ?
[10:24] {+cc_9} encule-vas
[10:24] {RonS} princes and kings?
[10:25] {Les} mais çava ou bien cc?
[10:25] {+cc_9} ca roule
01[10:25] {@Threei}  lol ron
[10:26] {RonS} hi Les...with tick here only language besides english allowed is Morse code...
[10:26] {pragmatic} .-..  --- .-..
[10:26] {Les} VAd à un certain niveau de politesse à maintenir dans cet salle
[10:27] {Les} hey Ron, cc is letting fly with the french language
01[10:28] {@Threei}  new rule: for each line in French, I switch to Russian for the next 5 lines
[10:28] {Les} heck I'm Cosmopoliton
[10:28] {Les} need to learn some Russian
[10:29] {nemo} gmcr on a mission
01[10:30] {@Threei} Long Setup:  JPM  .45 break
01[10:30] {@Threei}  If holds  .35
[10:36] {Les} GLD crash following the rinse
[10:37] {+cc_9} NBIX nutts
01[10:37] {@Threei} Short Setup: MU  .30 break
01[10:37] {@Threei}  If holds  .40
[10:39] {thomcbell} earnings tonight mu
[10:39] {dino} sap sm l .95
[10:40] {+cc_9} BEAT swing working out :D
[10:42] {+cc_9} very tempted to short NBIX
[10:42] {+cc_9} kinda over-extended here
[10:43] {thomcbell} fb 58.01 long break if holding 57.90
[10:45] {+cc_9} well, there she goes fading now
[10:46] {+cc_9} NBIX if hits .30s, will go under 17
[10:50] {+cc_9} NBIX another head fake before the real fade starts
[10:50] {+cc_9} all the .50s got eaten and bid dropped fast
[10:50] {+cc_9} needs under .35
[10:52] {dino} aegr sm l .90 gappy
[10:53] {+cc_9} TXTR citron
[10:53] {dino} meli blood
[10:58] {+cc_9} long TXTR 31.11
[10:58] {+cc_9} target 31.38
[10:58] {+cc_9} baby drop today, nothing crazy
[10:58] {+cc_9} NBIX short ;)
[10:58] {+cc_9} all out TXTR
[10:59] {Les} shorted slw .90 following the rinse. holding vwap resistance if drops here gotta potential game going
[10:59] {+cc_9} lol citron "reaffirming target price of $4.00"
[10:59] {Les} GLD the volatile beast
[10:59] {+cc_9} hilarious
[11:00] {RonS} ...starting to sound like Ackman w/ HLF...
01[11:01] {@Threei}  except they really make it drop... :)
[11:02] {+cc_9} Citron aint gona drop shit
[11:02] {+cc_9} TXTR is going back to 32 lol
[11:06] {nemo} frickin' gap and nap
[11:06] {dino} nbix serious trouble w/17.30 break
[11:09] {thomcbell} wprt looks like 22.27 long break
[11:11] {RonS} txtr blood
[11:11] {+cc_9} TXTR time for another round
[11:11] {+cc_9} bidding 29.95
01[11:11] {@Threei}  too bad TXTR spread is so wide... love the way it follows through on short setups
[11:14] {dino} cste sm s .07
[11:15] {Les} slw stopped flat
[11:17] {dino} out aegr .26, +.36
[11:19] {+cc_9} TXTR come on...one last flush then gorilla bounce
[11:21] {+cc_9} TXTR wowzaaaaaaaaaa
01[11:21] {@Threei}  (US) White House: President to make statement on 11:40ET regarding the Senate procedural vote passage to extend unemployment benefits
01[11:23] {@Threei}  (US) Senate bill proposing extension of unemployment benefits reaches 60 votes needed in procedural vote- The bill sponsored by Senators Heller (R-NV) and Reed (D-RI) would restore unemployment benefits for 1.3M people whose benefits lapsed on Dec 28th. The bill would extend benefits for an additional 3 months at a cost of $6.5B, while a longer term compromise is worked out.
[11:23] {RonS} did ya hear? ...right out of the communist playbook...the dems to run on class warfare...after creating the biggest divide in US modern history
[11:24] {+cc_9} TXTR headed to 31.20s++
[11:24] {Les} wow that's expensive. Why not just place 'em in the Army....
01[11:24] {@Threei}  let's male our peace with the fact that they will win, ron
01[11:25] {@Threei}  they created enough dependents who love to be dependent and will vote them in to continue getting stuff
01[11:26] {@Threei}  the only way this resolves itself is the same as it did in good ole USSR - via systemic collapse
[11:26] {Les} I'm happy to work for my dollar
[11:26] {Les} found my limits though
[11:26] {Les} being sent to big household retailer to fix up frikin 1st day sales mess
[11:27] {Les} learnt something important that day
[11:27] {Les} people are morons
[11:27] {Les} especially when surrounded by "sales" signs. I refuse to work such jobs now...
[11:28] {Les} where's my welfare cheque...
[11:28] {+cc_9} BOOM TXTR
[11:29] {+cc_9} TXTR about to clear $31.00 and head to the moon
[11:30] {+cc_9} here comes 31.20 target price
[11:30] {+cc_9} 19 @ the offer then its off to the races
[11:31] {+cc_9} 10 to go
[11:32] {+cc_9} here we go
[11:32] {thomcbell} wprt 1:2
[11:34] {+cc_9} TXTR 31 offer
[11:34] {+cc_9} time to GORILLAZ
[11:35] {+cc_9} furious gorilla on meth move setting up
[11:35] {RonS} apologies in advance...kmx is a carwreck...
[11:35] {+cc_9} furious gorilla on meth being chase by police with already 2 strikes on record* move setting up
[11:35] {RonS} lol
01[11:35] {@Threei}  lol
[11:36] {dino} screaming; feet don't fail me now!
[11:36] {RonS} what is funny is how would a gorilla know that he has 2 strikes?...
[11:36] {+cc_9} }implying gorillas can't read
[11:36] {+cc_9} das raciss!
[11:38] {nemo} who cares, rip your arm out of the sockets
[11:38] {nemo} hell, a chimp can do thta
[11:38] {Les} hehehe
[11:38] {Les} always thinking yer way through these things hey Nemo
[11:38] {+cc_9} TXTR furious gorilla on meth being chased by cops after car-jacking a KMX vehicle with already 2 felonies on record* ongoing
[11:38] {+cc_9} tgt unchanged 31.20
[11:38] {+cc_9} @ 31.20 all charges get dropped
[11:38] {nemo} wow
[11:39] {+cc_9} moment of suspense, 31 @ the ask
[11:40] {RonS} P gone past Q...
[11:41] {Les} whats yer entrfy cc?
[11:41] {+cc_9} TXTR } $31.00
[11:41] {+cc_9} im avg 30.38
[11:41] {+cc_9} 31.20!!!!!!!!!!!!!!!!!!!!!!!
[11:41] {Les} wow
[11:41] {+cc_9} the gorilla walks home!
[11:41] {dino} gj
[11:41] {Les} gj
[11:41] {RonS} kors finding some buds...
[11:41] {Les} oh shit the spread that^'s ugly
[11:42] {+cc_9} on TXTR ?
[11:42] {Les} ya
06[11:42] * nemo thinks Les looking in mirror
[11:42] {+cc_9} I don't really give an orangutan's turd what the spread is if there is a $1.00 potential move
06[11:42] * Les thinks Nemo thinks too much
[11:42] {+cc_9} who cares about $0.07 when looking for a full point
[11:42] {thomcbell} FB pivot is 56.17 and vwap 57.94 ish - 57.50 loss ....
[11:43] {nemo} wow, your mastery of the simian genus is outstanding
[11:43] {Les} yeh yeh just need to frame yer r/r differently
[11:43] {Les} not for me
[11:43] {Les} still looking at the 15 min bb's. outstanding snapback entry
[11:44] {+cc_9} all out TXTR 31.12 +$0.74
[11:44] {RonS} ...it's about position size is all Les...
[11:44] {+cc_9} TXTR setting up an  I_H&S, so she goes higher
[11:44] {nemo} that's what his wife tells him
[11:44] {nemo} position and size
[11:44] {RonS} ...3i taught me that...then dino watching punded into my head
[11:44] {RonS} pounded
[11:45] {thomcbell} fb hehe
[11:45] {+cc_9} TXTR 31.20 target beautiful, top of candle (not wick)
[11:47] {dino} sap stop .70 -.25, dog w/fleas, off my screen
[11:48] {+cc_9} NBIX tagging $18
[11:49] {RonS} sap has 950 mil sh outstanding...not as bad as orcl w/ 5 bil but still...takes a lot to move those bastards
[11:51] {+cc_9} ORLC has 4.5B
[11:51] {+cc_9} i know...splitting hairs...
[11:51] {+cc_9} but 500M is an entire company's outstanding for margin of error lol
[11:51] {+cc_9} SIRI has like 6B outstanding
[11:52] {ese} am outta here .....been on the phone all morning.....no trading....cya tomorow
01[11:53] {@Threei}  take care ese
[11:53] {dino} nbix hl s .95
01[11:53] {@Threei}  PM is in Victoria today
[11:53] {Les} bye ese
01[11:53] {@Threei}  I guess you were organizing his visit
01[11:54] {@Threei} Short Setup: MU  .40 break
01[11:54] {@Threei}  If holds  .50
[11:54] {+cc_9} Calling out on all troopers, we have a 480
[11:54] {+cc_9} I repeat, we have a 480, gorilla on the loose
[11:54] {+cc_9} TXTR 30.60
[11:55] {+cc_9} Obama speaking : http://www.bloomberg.com/tv/
[11:56] {+cc_9} NBIX needs some profit taking here again
[11:56] {+cc_9} TXTR would love another sell-off
[11:56] {RonS} reveling his HA golf scores?
[11:56] {RonS} revealing
[11:57] {+cc_9} Dianne Feinstein First Amendment Is A Special Privilege
[11:57] {+cc_9} http://www.youtube.com/watch?v=bywtn9RIDRw
[11:57] {+cc_9} cringe worthy
[11:57] {nemo} huh?
[11:58] {+cc_9} i post a title and a video, u ask me "huh"?
[11:58] {+cc_9} maybe click on the video so u dont need to "huh"
[11:58] {+cc_9} also, PLUG going nuts
[11:58] {nemo} no, about her comment
[11:58] {nemo} wtf
[11:58] {nemo} I agree quite cringeworthy
[11:58] {+cc_9} i would say huh about the idiots that keep voting her in
[11:59] {nemo} it's California
[12:00] {+cc_9} 1st amendment in cali is only for transgender womyn who dun need no man
[12:00] {+cc_9} also, no guns
[12:00] {nemo} the senator carries
[12:00] {Les} vad iwm .00 recross
[12:00] {Les} if holding .95?
[12:00] {dino} nbix bstop is .06
01[12:00] {@Threei}  can't tell
[12:01] {+cc_9} actually the news on PLUG is pretty damn good...
[12:01] {+cc_9} i wont short it
[12:02] {+cc_9} PLUG to develop fuel cell range extenders for FedEx  Express electric delivery trucks
[12:03] {+cc_9} TXTR getting baby slapped on a Boeing
[12:03] {+cc_9} (i hope someone gets the joke)
[12:03] {RonS} lol
[12:04] {RonS} took a minute
[12:04] {+cc_9} yes sorry, too many felony type moves today
[12:04] {+cc_9} will scale back to just misdemeanor until the bell
[12:04] {RonS} rotflol
[12:06] {+cc_9} TCTR all eyes on possible double bottom, if loses it will be another fun vol driven scalp
[12:06] {+cc_9} if holds, should hit 30.80 again
[12:07] {+cc_9} i think all the positive comments on TXTR are just the analysts trying to get out
[12:13] {+cc_9} TXTR under $30.00
[12:13] {+cc_9} big ass seller 30.05
[12:14] {Les} JPM nice reversal bar. bottom fishing time...?
[12:14] {+cc_9} you guys see on your L2 that seller on TXTR @ 30.05 ?
[12:14] {+cc_9} sitting on ARCA
[12:16] {+cc_9} wow
[12:16] {+cc_9} all taken, vol spike
[12:16] {+cc_9} u see it ?
[12:16] {+cc_9} no comment usually means yes
[12:16] {+cc_9} nice
01[12:18] {@Threei}  you are optimist, cc
01[12:18] {@Threei}  usually I take absence of comments as "no, I am not deaf, I am just ignoring you"
[12:19] {nemo} which you follow up with the "going to a monastery" comment
[12:21] {+cc_9} yea well, that's just like your opinion, man
[12:21] {Les} careful, VAd's been to 'Nam
01[12:22] {@Threei}  always a pleasure to hear The Dude quoted
[12:22] {nemo} yeah, for a massage
[12:22] {Les} lol
[12:23] {+cc_9} SLB some bids
[12:23] {+cc_9} NBIX gravity
[12:23] {+cc_9} TXTR sideways, need through .40 for pop
[12:23] {nemo} spy showing lower
[12:26] {dino} f'ng nbix just rinse after rinse
01[12:28] {@Threei}  some stock just don't cooperate
[12:28] {+cc_9} dino, NBIX is a tough one
[12:28] {+cc_9} soon as you throw the towel, it works
[12:29] {+cc_9} TXTR getting tight
[12:29] {+cc_9} .20 seller 14
[12:29] {+cc_9} then off to the races
[12:30] {dino} thats what happened
[12:30] {+cc_9} .20 seller on TXTR too big, killed the bids
[12:31] {+cc_9} need another round
[12:33] {dino} cmcsa and k spike
[12:34] {+cc_9} any news ?
01[12:34] {@Threei}  Comcast Corp Exec: Broadband business has only penetrated the market to 30%, there is room to grow - Citigroup conf comments
[12:35] {+cc_9} looks like a good short for a fade back to 52.60
[12:36] {nemo} is that because the phone companies have the other 70%?
[12:37] {+cc_9} short CMCSA here 52.86, target 52.66
[12:38] {+cc_9} so long that second leg does hit reach HOD, it will fade on profit taking
[12:38] {+cc_9} to ~ $52.40ish
[12:38] {+cc_9} TXTR losing its shit
[12:39] {nemo} yeah sphincter collapsed
[12:39] {dino} cmcsa sm s .80 break
[12:39] {+cc_9} CMCSA gets soem profit taking here, needs bids in the .70s to trigger
[12:40] {+cc_9} CMCSA short so far so good
[12:40] {dino} cov cste .67, +.40
[12:40] {+cc_9} all out CMCSA short +$0.21
[12:41] {dino} gj
[12:41] {thomcbell} fb possible fat finger
[12:41] {thomcbell} what was that
[12:41] {+cc_9} CMCSA profit taking as expected :D
[12:42] {dino} cov cmcsa .48, +.30
[12:42] {+cc_9} 12:38 cc_9 to ~ $52.40ish
[12:42] {thomcbell} thanks cc got 0.30 cents on it
[12:42] {+cc_9} on point
[12:42] {+cc_9} good job dino, finally we catch a break!
[12:43] {+cc_9} TXTR very weak bid, need back over $30.00
[12:44] {+cc_9} StockTWits : Krill123 Bought 60 shares of $TXTR @ 30$.... big bounce coming!!! all aboard for $$$$!
[12:44] {+cc_9} If i bot 60 shares, i would never tell anyone.
[12:45] {dino} lol
01[12:45] {@Threei}  what do you expect from krill?
01[12:45] {@Threei}  just wait till plankton starts trading
01[12:45] {@Threei}  you'll see 1.5 shares
[12:46] {+cc_9} LOL
01[12:46] {@Threei}  prawn will look like a whale to you
[12:47] {+cc_9} TXTR trying here
[12:47] {+cc_9} some bids coming in
[12:48] {Les} guess that 60 shares is working
[12:48] {+cc_9} not really, he is under water on them
[12:49] {+cc_9} by a $0.18
[12:49] {nemo} they're talking about how cold it is over here on German radio
[12:49] {+cc_9} He is down about 10 bucks
[12:49] {+cc_9} im sure he is sweating
[12:49] {RonS} lol
[12:49] {+cc_9} someone needs to get a stocktwits account and advise him to put a stop loss at $4.00
[12:49] {+cc_9} in case citron is right
[12:49] {RonS} lol
[12:50] {Les} FB
[12:51] {+cc_9} VLO good news out
[12:51] {Les} trying to hold on
[12:52] {+cc_9} TXTR just print $30.00 already merde...
[12:52] {Les} JPM short here?
[12:52] {Les} .19 or .18?
[12:53] {nemo} s3 @.10
01[12:53] {@Threei}  .20 break, yes
[12:54] {+cc_9} CMCSA damn i covered too early :(
[12:54] {+cc_9} i blame dino, because why not
[12:55] {dino} understood
[12:55] {+cc_9} TXTR needs a pop here or fades again
[12:55] {+cc_9} too much pressure on the bid, not enough offer hitters
[12:56] {+cc_9} its just flat lining, which means its setting up for a move
[12:56] {+cc_9} if "they" want to liquidate some more, they need to first run it to get suckers back in
[12:56] {+cc_9} therefore 29.97 is breakout to 30.40
[12:56] {+cc_9} that's what im watching for now
[12:58] {+cc_9} loses the bids, slapped back down
[13:00] {+cc_9} i just hit the offers at .83 with just 500 shares
[13:00] {+cc_9} they sent the ask to .91
[13:00] {+cc_9} lol
[13:02] {+cc_9} TXTR is allergic to $30.00
[13:02] {+cc_9} StockTwits : milnj00 Citron seems hell bent on running $TXTR into the ground. Thankfully I got out this morning around $32/share.
[13:03] {+cc_9} so basically this genius knew the hit piece was coming and was able to sell @ the open price
[13:03] {+cc_9} you guys need to follow him
[13:05] {nemo} see if he can come up with 6 numbers
[13:05] {+cc_9} TXTR 10 seller @ .87 on ARCA
[13:05] {+cc_9} then thin
[13:05] {+cc_9} why did i talk myself out of shorting 50k shares PLUG @ $4s
[13:05] {+cc_9} t-thanks dino...
[13:06] {+cc_9} TXTR .90s back on deck
[13:07] {dino} lol
[13:07] {+cc_9} looking for .97 offer to give lift-off signal
[13:07] {+cc_9} 3 cents to go
[13:08] {+cc_9} did u guys see Michael Bay choke on his presentation @ CES and just walking off stage ?
[13:08] {+cc_9} that was lol worthy
[13:08] {nemo} read about it
[13:09] {+cc_9} watch the video, its kinda funny
[13:09] {+cc_9} idk why he could not have just started talking about awesome that TV was
[13:09] {+cc_9} no need for a script to say "holy shit goyim, you need to get this curved TV now before they are all sold out!"
[13:09] {+cc_9} and just like that, they go off the shelf
[13:10] {+cc_9} instead he ran away from the stage bc teleprompter screwed up
[13:11] {dino} enta stop to .23
[13:11] {+cc_9} VRS, totally missed this short today...unforgivable.
[13:12] {+cc_9} Bloomberg talking about that TV "is big and curved better?"
[13:12] {+cc_9} oh my...
[13:13] {nemo} mmhhh, spy only 42.7 mil
[13:13] {+cc_9} TXTR no dice, back to session lows, unreal
[13:15] {+cc_9} big slller now sitting at mid .70s
[13:16] {+cc_9} what a sack of crab this stock today
[13:16] {+cc_9} cant even crack $30.00
[13:17] {+cc_9} offer moving, bid dropping
[13:17] {+cc_9} big spread now, forcing to hit either or
[13:19] {+cc_9} looks like it wants to setup for a big crash to 29 or under
[13:19] {+cc_9} no buyers now
01[13:22] {@Threei} Short Setup: NOW  .45 break
01[13:22] {@Threei}  If holds  .55
[13:26] {dino} nbix lower low/lower hi
[13:27] {+cc_9} needs under .60 badly dino
[13:28] {+cc_9} TXTR total garbage, lower lows, no breakout yet
[13:28] {dino} .65 big buyer
[13:28] {+cc_9} they're putting a $0.12 spread on it now
[13:28] {dino} maybe range trade it, .95 to .70
[13:29] {+cc_9} im just sitting here watching TXTR and growing calluses on my eyes
[13:30] {dino} just trailing enta here
[13:30] {dino} and searching...
[13:30] {+cc_9} so to recap
[13:31] {+cc_9} TXTR was defended by :
[13:31] {+cc_9} William Blair
[13:31] {+cc_9} Credit Suisse
[13:31] {+cc_9} Barrington
[13:31] {+cc_9} JMP Securities
[13:32] {+cc_9} stock was sideways around this price from 12/27/2013 to 01/03/2014
[13:32] {+cc_9} ~ $30.00 range
01[13:32] {@Threei}  1:1
[13:34] {dino} jmp sounds like a knockoff of jpm
[13:34] {+cc_9} TXTR bids crash
[13:36] {dino} nbix test .70 again
[13:36] {+cc_9} TXTR people are hitting the door slowly, more getting dumped then picked up
[13:37] {+cc_9} there was only 1 bounce on the stock today
[13:38] {Les} that the citron china stock you were speakin g of cc?
[13:40] {+cc_9} yes
[13:40] {dino} out enta .47, +.47
[13:40] {+cc_9} i thought it would bounce ofer $30.00, but instead they kept on selling it small blocks at a time with not enough buyers to hold up the bid
[13:41] {nemo} gme having a rough day
[13:42] {+cc_9} new cost TXTR 29.67
[13:42] {+cc_9} this time around wont be easy to get out, absolutely no buyers
[13:42] {dino} keyw sm s .48
[13:45] {+cc_9} TXTR punished some more
[13:45] {+cc_9} wow
[13:46] {nemo} fb back near the highs again
[13:47] {+cc_9} TXTR under $29.00
[13:47] {+cc_9} holy shit
[13:51] {Les} jpme still good vad?
[13:52] {Les} dropped a little fast here
[13:53] {+cc_9} TXTR about to crash below its 12/27 lows of 28.50 holy crap
01[13:53] {@Threei}  hard to say
01[13:53] {@Threei}  kind of "valid but not very compelling"
[13:55] {dino} mkt drop, 07 red
[13:57] {+cc_9} TXTR going to $4.00
[13:57] {+cc_9} citron was right
[13:58] {dino} stop keyw .70, -.22
[13:58] {+cc_9} TXTR some volume here, new cost  29.45, feels like will never get break even
[13:58] {Les} FB
[13:58] {thomcbell} talk tomorrow buys
[13:59] {thomcbell} guys
[13:59] {thomcbell} cam looks like a 58.54 short break
[13:59] {thomcbell} but i have to run
01[13:59] {@Threei}  1:2
[13:59] {thomcbell} 0.55 break rather
01[13:59] {@Threei}  take care tbell
[14:02] {dino} cya tbell
[14:04] {+cc_9} TXTR needs 29 for buyers to step back in, so far every small bounce gets sold on
[14:04] {nemo} index weakness might not be helping
01[14:07] {@Threei}  1:3
01[14:07] {@Threei}  will try for 1:4
[14:13] {+cc_9} F crashing here
[14:14] {dino} nbix hl s .70
[14:15] {RonS} slca blood
[14:16] {+cc_9} TXTR about to lose its last support on daily
[14:16] {+cc_9} .50 bid is all thats left
[14:16] {dino} cov .46, +.24 nbix
[14:16] {nemo} then .25
[14:18] {+cc_9} TXTR losing all support, where it goes i have no clue
01[14:18] {@Threei}  btw, NOW is doubly-satisfactory play
01[14:18] {@Threei}  profitable, for one reason,
01[14:18] {@Threei}  and to fade Cramer is always a bonus
[14:18] {+cc_9} TXTR totally pummeled.
[14:19] {nemo} like a baby seal
01[14:19] {@Threei}  changing my mind
01[14:19] {@Threei}  NOW for 1:5
[14:21] {dino} gj vd
01[14:21] {@Threei}  ty dn
[14:21] {+cc_9} TXTR total flush, 0 bounce since 11:30AM
[14:21] {+cc_9} holy shit
01[14:21] {@Threei}  1:4 baby
[14:23] {+cc_9} TXTR babby bounce, long way from home
01[14:28] {@Threei}  (US) Fed's Williams (dove, FOMC non-voter): Fed is likely to taper more and end bond buying in 2014, will ease its foot off the accelerator not hit the brakes- Housing gains do not appear to be a bubble in the making. - Sees GDP growth at 3% for 2014 and 2015 as headwinds subside. - Inflation has bottomed, but it will take time to hit the 2% level. - Monetary accomodation should continue given high unemployment and low inflation. - Tapering QE was the correct decision. - It appears that companies and households are less alarmed about politics in Washington, DC. - Some banks are overly exposed to the risk of rising interest rates.
01[14:28] {@Threei}  h"ouseholds are less alarmed about politics in Washington, DC"
01[14:29] {@Threei}  my bet is, they are tired of bs and tune it out
[14:29] {+cc_9} TXTR wow, almost $29 now
[14:29] {+cc_9} i wonder if it sees $30.00 lol
01[14:29] {@Threei}  stop for the last piece of NOW is .11 now
01[14:30] {@Threei}  was 1 cent from 1:5
[14:30] {+cc_9} TXTR come on...tag $29+ lets goooooooooooooo
[14:32] {+cc_9} big seller @ 28.90
[14:32] {+cc_9} once take him, offers thin out
[14:36] {Les} PLUG .90 if holds $4 here?
[14:36] {Les} short
[14:36] {+cc_9} NBIX gave shorts a good cover price under 17.50
[14:36] {+cc_9} its back to 18 now
[14:36] {Les} gone
01[14:36] {@Threei}  yeah, invalidated
[14:36] {Les} or perhaps a 4 recross...
[14:38] {+cc_9} TXTR .90 seller killing the momentum
[14:38] {+cc_9} each time it puts .90 he is dumping heavily
[14:38] {+cc_9} UNXL on its way to $0.00 pps
[14:39] {+cc_9} TXTR .90 not enough takers, getting whacked again
[14:41] {+cc_9} TXTR 1min 28.60 needs to hold to confirm I-H&S
[14:41] {+cc_9} NBIX going ape
[14:43] {dino} wbmd
[14:44] {+cc_9} GME defense on the stock
[14:44] {+cc_9} NBIX all over the map
[14:45] {nemo} gme breached the 200 day, but looks like it'll recover it
01[14:48] {@Threei}  closed last of NOW now
[14:51] {dino} wbmd sm s .62
[14:52] {+cc_9} GME getting bounce on positive comments
[14:52] {+cc_9} new bids .60s
[14:55] {+cc_9} GME another defense
[14:55] {+cc_9} GME .80s
[15:03] {+cc_9} Citron is real tricky...notice how they came out with the same piece only after the stock started moving higher on daily TXTR
[15:03] {+cc_9} it hit $33 then same piece came out
[15:03] {dino} cov wbmd .13, +.51
[15:03] {RonS} gj
[15:04] {+cc_9} GME headfake, slapped back early 44s
[15:04] {dino} ty
[15:04] {RonS} citron just like women?
[15:05] {RonS} re-issue the same piece?
[15:08] {dino} mycc spike
[15:11] {dino} qunr spike
[15:13] {dino} sm s .50
[15:14] {+cc_9} TXTR was coming back on daily slowly but surely, soon as it tagged $33.00 they came out with the same hit piece, same exact
[15:14] {RonS} alzheimers?
01[15:15] {@Threei}  lol
[15:15] {Les} who, citron or investors?
[15:15] {RonS} deja' vu all over again?
01[15:15] {@Threei}  repeated deja' vu all over again
01[15:15] {@Threei}  repeated deja' vu all over again reiterated
[15:16] {dino} yogi
[15:16] {Les} or deja vu already seen before
01[15:16] {@Threei}  repeatedly already seen before deja' vu all over again reiterated
[15:17] {+cc_9} TXTR badly needs a bounce before the bell
[15:17] {Les} I'm sure bacon should be in there somewhere vad
01[15:19] {@Threei}  bacon multiple reiterations are repeatedly appreciated
[15:20] {Les} bacon vu etc
[15:21] {+cc_9} ok, going in TXTR last one here for the day
[15:21] {+cc_9} needs 29 for full bounce
[15:21] {+cc_9} my target 29.35
[15:23] {+cc_9} massive shakeout TXTR, same news it bounced on a few weeks ago, it will bounce on it again
[15:24] {+cc_9} Citron got enough drop as is
[15:24] {+cc_9} EOD rally TXTR me thinks, forcing sells all day
[15:26] {+cc_9} IRM big bounce
[15:27] {+cc_9} TXTR slapped again
[15:28] {+cc_9} what a dog
[15:31] {+cc_9} come on TXTR...last 30 minutes
[15:32] {+cc_9} lowering my sell to 28.85
[15:32] {+cc_9} desperate move
[15:32] {Les} http://tinyurl.com/mlkcg7z
01[15:35] {@Threei} Long Setup:  FB  .10 break
01[15:35] {@Threei}  If holds  58
[15:36] {nemo} indexes coming in
[15:36] {+cc_9} TXTR clock running out, need a move here
[15:36] {nemo} gdx got lively all of a sudden
[15:38] {+cc_9} ok guys
[15:38] {+cc_9} gotta handle this trade and call it a day
[15:38] {+cc_9} pray for me that TXTR can get close to 29 before the bell
[15:38] {+cc_9} otherwise id have to log on from a gameboy tomorrow
[15:38] {+cc_9} a+ les mecs
[15:39] {Les} lol
01[15:51] {@Threei}  OK guys, thank you all, have a great evening
01[15:51] {@Threei}  see you tomorrow

Jan 06 2014

As volume and activity returns to the markets after the holiday season, we open new year with 1:5 Catch of the Day on FB. And that's on top of a few more, including 1:3 short on BBY. The play below is total textbook, right from the pages of 111 TRADES:

Almost perfect day, ending with 1:2 on GLD short (I mean what else to do at the end of trading session but short GLD, right?)


Session Time: Mon Jan 06 00:00:00 2014
[08:50] {dino} gm
01[08:50] {@Threei}  morning dino
[09:00] {nemo} does anybody know if there is an issue with the nasdaq feeds?
[09:01] {dino} dk nemo, seems ok here
01[09:01] {@Threei}  looks ok
[09:02] {nemo} I have no stocks coming across the NASGain or NASLost list
[09:04] {dino} i have them
01[09:04] {@Threei}  I do to... restart das?
[09:04] {nemo} yeah, did
[09:05] {nemo} ahh, just restarted again now it's fine
[09:05] {nemo} gremlins
[09:06] {+cc_9} Good morning folks
01[09:07] {@Threei}  cc9 :)
[09:07] {+cc_9} First full week in a while
[09:07] {+cc_9} Knuckles' list :  FSLR - SIRI - ARIA - MU - UNXL - BEAT
[09:07] {+cc_9} nemo, today is a day to have 200k shares of SIRI from previous session :(
[09:08] {nemo} I saw it was active this morning  I'll prep the reminder ;-)
[09:08] {nemo} Europe meandering today
[09:08] {_thenexttick} gm everyone
[09:09] {nemo} gm tick
[09:09] {nemo} oh damn, I'm out of character
01[09:09] {@Threei}  tick :)
[09:10] {nemo} mmmhhhh....spy volume conspicuously low this morning
[09:10] {nemo} mmmhhhh P active
[09:11] {+cc_9} SIRI holders feel insulted with Malone's offer nemo
[09:14] {+cc_9} RMBS
[09:14] {nemo} wow blast from the past
[09:16] {+cc_9} yes, big dump pre-market from gap up
[09:16] {+cc_9} 10.50 - 9.50
[09:19] {nemo} scty up on FSLR being down?
[09:22] {+cc_9} no
[09:22] {+cc_9} FSLR downgrade
[09:22] {+cc_9} SCTY upgrade
[09:22] {+cc_9} both from Goldman
[09:22] {nemo} so they want to get into FSLR and out of SCTY
[09:22] {+cc_9} RMBS sliding ahead of the open
[09:22] {+cc_9} yes
[09:22] {+cc_9} in a nutshell
[09:23] {+cc_9} RMBS should get a decent bounce back to $10.00 this morning imo
[09:24] {+cc_9} FSLR gets a bounce as well
[09:24] {+cc_9} 55.25+
[09:25] {+cc_9} Knuckles favorites this AM : FSLR / RMBS / ARIA / SIRI
[09:28] {nemo} ISM numbers and factory orders at 10:00
[09:29] {+cc_9} BEAT on daily still going fwiw
[09:29] {+cc_9} FSLR will move very fast
[09:30] {+cc_9} long FSLR here
[09:30] {+cc_9} target 55.25
01[09:30] {@Threei} Long Setup:  FB  .45 break
01[09:30] {@Threei}  If holds  .35
01[09:30] {@Threei}  Invalidated
[09:31] {+cc_9} RMBS, doesnt look like it has opened yet
[09:32] {dino} feye sm s .07
[09:32] {+cc_9} RMBS acting like its halted
[09:33] {+cc_9} ok RMBS finally moving, tank
[09:33] {nemo} fslr too
[09:33] {nemo} kinda'
01[09:33] {@Threei}  FB got away
[09:33] {nemo} iwm let go
[09:33] {+cc_9} FSLR going
[09:33] {dino} cov .68, +.39
[09:33] {+cc_9} needs to crack 54.75
[09:34] {+cc_9} FSLR so far so good, bids coming
[09:34] {+cc_9} @ session highs here
[09:34] {dino} chnr spike
[09:35] {+cc_9} FSLR that was a quick tick back to lows, wow
[09:36] {+cc_9} surely, they faked the pop, god damn that was fast
01[09:36] {@Threei} Long Setup:  FB  .30 break
01[09:36] {@Threei}  hl
01[09:36] {@Threei}  If holds  .20
[09:36] {+cc_9} long RMBS here
01[09:37] {@Threei}  1:1
[09:37] {+cc_9} SIRI dumpage
[09:37] {nemo} iwm dumping
01[09:37] {@Threei}  nervous market all of a sudden
[09:38] {+cc_9} FSLR new cost 53.96
[09:38] {+cc_9} needs to bounce here
[09:39] {+cc_9} FSLR damn it....
[09:39] {+cc_9} goldman is kicking my ass this morning.
01[09:40] {@Threei} Short Setup: BBY  40 break
01[09:40] {@Threei}  If holds  .10
01[09:40] {@Threei}  1:1, if you got it
[09:40] {+cc_9} I have a feeling goldman is gona set panic in FSLR to force sellers
01[09:40] {@Threei}  1:2
01[09:41] {@Threei}  1:3, be out
[09:42] {+cc_9} RMBS no bounce, still flushing
[09:42] {+cc_9} FSLR no bounce yet either
[09:42] {+cc_9} staying with it...blah
[09:42] {nemo} scty holding up
[09:42] {nemo} spready looks down
[09:43] {+cc_9} RMBS 0 volume
[09:43] {+cc_9} FSLR new lows, god damn it
[09:44] {+cc_9} Goldman is gonna force a flush on FSLR, this is what the price action is saying at this point
[09:44] {+cc_9} gona be a rough ride this AM
[09:44] {+cc_9} panic under 53
01[09:45] {@Threei} Long Setup:  BBY  .45 break hl
01[09:45] {@Threei}  If holds  .30
[09:46] {nemo} scty looks breakoutish
[09:46] {nemo} already extended though
01[09:47] {@Threei}  stop to .34
[09:47] {+cc_9} FSLR just go over 54 already....
[09:48] {+cc_9} FSLR getting some bids
[09:48] {+cc_9} needs fast and furious move to get buyers back for a bounce over 54.50
[09:49] {+cc_9} RMBS some bids
[09:49] {+cc_9} FSLR let this not be a headfake, bounce must continue north of 54
[09:50] {+cc_9} 53.74 new cost
[09:50] {+cc_9} she goes to .74 before crashing again
[09:52] {+cc_9} FSLR push, 54 magnet get
[09:52] {dino} oxbt sm s .28
[09:53] {+cc_9} FSLR needs a second leg up fast, or offers get hammered back to lows here
[09:54] {+cc_9} FSLR nervous nelly
[09:55] {+cc_9} RMBS garbage volume/price action
01[09:57] {@Threei} Long Setup:  C  .85 break
01[09:57] {@Threei}  If holds  .80
[09:58] {nemo} ism numbers
01[09:58] {@Threei}  (US) Preview: Dec ISM Non-Manufacturing expected at 10:00 ET (15:00 GMT)**Consensus expectations: 54.6e v 53.9 prior - The Nov reading was lowest since June
01[09:59] {@Threei}  C 1:1
[09:59] {+cc_9} FSLR major POS, failed to bounce over 54, smacked back to lows and break of 53 panic on the way, quelle merde...
[09:59] {+cc_9} ISM 53.0
01[09:59] {@Threei}  *(US) DEC ISM NON-MANUFACTURING COMPOSITE: 53.0 V 54.6E
[09:59] {nemo} fslr ging into the gap
01[09:59] {@Threei}  scratching BBY
01[09:59] {@Threei}  annoying
01[10:00] {@Threei}  (US) NOV FACTORY ORDERS: 1.8% V +1.7%E
[10:00] {+cc_9} you want annoying, try getting in FSLR
01[10:00] {@Threei}  Sub Indices: - Prices Paid: 55.1 v 52.2 prior - New Orders: 49.4 v 56.4 prior (first contraction since July 2009) }- Employment: 55.8 v 52.5 prior - Inventories: 48 v 54.0 prior - ISM's Nieves: eight non-manufacturing industries reported growth in December. Despite the substantial decrease in the New Orders Index, respondents' comments predominately reflect that business conditions are stable."
01[10:00] {@Threei}  I always hated FSLR
01[10:01] {@Threei}  oh I got it... BBY waited for me to exit
[10:01] {nemo} look at gap on daily
01[10:01] {@Threei}  dirty rotten scoundrel
[10:02] {+cc_9} RMBS and FSLR turning into cancerous trades for me
[10:02] {+cc_9} both slowly dragging and bleeding
[10:02] {+cc_9} FSLR at least got some liquidity, RMBS absolutely nothing.
01[10:03] {@Threei}  been years since I heard that name
01[10:03] {@Threei}  eternal court suits against whole world
[10:03] {+cc_9} FSLR about to lose 53 and im gona get hosed
[10:03] {+cc_9} RMBS slowly dying with 0 liquidity, what a effing start
[10:03] {+cc_9} there goes FSLR panic under 53
[10:05] {nemo} miners strong
[10:05] {nemo} weak side so far:  celg de ebay gild sbux tsla rax lvs lnkd fslr cvx ctxs unh slb
[10:05] {+cc_9} dumped RMBS for -$0.48 loss
[10:05] {+cc_9} working FSLR only for now
01[10:06] {@Threei} Short Setup: IWM  .30 break
01[10:06] {@Threei}  If holds  .40
[10:06] {+cc_9} I dump RMBS out of frustration, then it catches bids
[10:06] {+cc_9} this is just awesome
[10:07] {dino} yy drop
[10:08] {+cc_9} FSLR panic selling
[10:08] {+cc_9} fast dump, about to lose 52 now
01[10:08] {@Threei}  Invalidated
[10:08] {nemo} gmcr relative strength
[10:10] {+cc_9} FSLR new cost 53.04, the trade that turned into a swing that turned into an investment that turned into a suicide
[10:11] {+cc_9} Goldman is going to hammer it so it can beat on its chest
[10:11] {nemo} what's the monitor count CC?
[10:11] {+cc_9} "this little drop did not result in more selling, scare them more, dump it another point"
[10:11] {+cc_9} i emailed the neighbor to put FSLR on his screen and im using binoculars
[10:11] {nemo} ;-)
[10:12] {+cc_9} totally absurd and unwarranted...im furious
[10:12] {+cc_9} FSLR under 52
01[10:14] {@Threei} Long Setup:  FB  .40 break
01[10:15] {@Threei}  If holds  .30
[10:16] {+cc_9} GLD what the hell was that
01[10:17] {@Threei}  really
01[10:17] {@Threei}  no news
[10:17] {+cc_9} FSLR crashing
01[10:17] {@Threei}  FB 1:1
01[10:18] {@Threei}  as far as rug pulls go, this one on GLD was rather sever
01[10:19] {@Threei}  severe too
[10:19] {+cc_9} FSLR bottom is $0.00 at this rate
[10:19] {+cc_9} not a single bounce since 9:52AM
[10:21] {+cc_9} cant even cross $52 on upside...jesus christ what a dog this stock right now
[10:21] {+cc_9} maybe if I dump it here, it will fly to 54
[10:22] {+cc_9} GS gave FSLR a $45.00 target price
[10:22] {+cc_9} so i guess they want it there today
01[10:22] {@Threei}  1:2
01[10:23] {@Threei}  if hits .70, will try for 1:4
[10:23] {+cc_9} you need to get in FSLR vad, i'm tired of feeling lonely here
01[10:25] {@Threei}  nah... still hate it
[10:26] {nemo} banks holding this up
[10:26] {+cc_9} needs over 52 to put a bottom here
[10:27] {+cc_9} nope, dumping again to lows
01[10:27] {@Threei}  1:3
[10:27] {+cc_9} FSLR crashing again, absolutely disgusting
01[10:29] {@Threei}  changing my mind, will try for 1:5
01[10:29] {@Threei}  1:4 is here
01[10:30] {@Threei}  last 200 shares left, stop .69
[10:30] {nemo} algo:
[10:30] {nemo} http://imageshack.com/a/img802/9862/ywbw.jpg
[10:30] {+cc_9} will be devastating if needs to test $50.00 gap
01[10:30] {@Threei}  Brain Freeze? Illinois Spending Billions on Global Warming
[10:32] {+cc_9} FSLR about to lose 51
[10:34] {+cc_9} FSLR getting ugly, shit
[10:35] {nemo} uptick rule coming up
[10:35] {+cc_9} the scary thing, it did not really crash yet
[10:35] {+cc_9} it just faded lower and lower
[10:35] {nemo} 50.31 gap close
[10:35] {+cc_9} nuts...bid moves .43
[10:36] {+cc_9} same second goes .36
[10:36] {+cc_9} without a print
01[10:36] {@Threei}  1:5 baby
[10:36] {+cc_9} its about to tank again
01[10:36] {@Threei}  out +.51
[10:37] {nemo} fb becoming an index stock now
[10:37] {+cc_9} FSLR 15min all dump since the open
[10:37] {+cc_9} not 1 reversal yet
[10:37] {+cc_9} move up $0.20, crash $0.40
[10:38] {+cc_9} and capitulation vol aint even here yet
[10:39] {+cc_9} new lows FSLR
[10:39] {+cc_9} im surprised its not the top loser on your algo nemo
[10:39] {+cc_9} its the biggest pos so far
[10:41] {+cc_9} FSLR some volume here
[10:41] {nemo} bids .25
[10:42] {+cc_9} and rejected
[10:42] {+cc_9} see the offers moving, then bid drops $0.10-$0.15.$0.20
[10:42] {nemo} 5th currently
[10:43] {nemo} strong red too so presssure still on
[10:43] {+cc_9} it has not yet bounce all day, I would not hold my breath on a reversal until it gets through 52.25
[10:43] {+cc_9} anything under 52.25 is nothing
[10:44] {nemo} indexes coming in
[10:44] {+cc_9} market bounce : FSLR no bounce
[10:44] {+cc_9} market tank, surely, it will crash
[10:47] {+cc_9} new lows FSLR
[10:50] {+cc_9} im getting the feeling that each time they move the offers $0.20, they get short then dump the bid $0.30+
[10:50] {+cc_9} that's been the case so far watching the L2 and order flow
[10:51] {dino} scty drop
[10:52] {+cc_9} dumped half FSLR for loss here 51.14
[10:52] {+cc_9} surely, it will bounce now
[10:54] {nemo} anybody know when MA splits?
[10:55] {dino} chnr smr s .23 wide
[10:56] {+cc_9} SPY hard crash
[10:58] {RonS} ma showing 1/22
01[10:59] {@Threei}  here is why ese is not here this morning:
01[10:59] {@Threei}  https://www.facebook.com/photo.php?fbid=10152158348700309&set=a.10150943710860309.474808.110385740308&type=1&theater
[11:00] {thomcbell} mu short setup 20.81 break
[11:01] {+cc_9} FSLR god damn amazing...all it needed to bounce was for me to dump a large chunk of it near lows
[11:02] {dino} that sh*t happens to me alot too cc9
[11:02] {nemo} wow fb
01[11:03] {@Threei}  Manitoba warmed up today... -46C
[11:04] {+cc_9} dino, nothing makes me more mad
[11:04] {dino} same
[11:04] {+cc_9} sit on position, patient patient patient, finally say screw it, ill lighten up in case it dumps, right away bounces... unfreakingreal
[11:05] {+cc_9} cant even over 51.50, what a sack of sh*t FSLR today
[11:06] {+cc_9} like i said, market bounce : FSLR tank. Market tank : FSLR tank
[11:06] {+cc_9} just tank
[11:08] {+cc_9} FB nutty
[11:08] {+cc_9} why cant FSLR pull a FB :(
[11:09] {+cc_9} FSLR volume picking up, about to lose 51
[11:11] {+cc_9} clearly they want to crash it under 51, so why the damn suspense...
[11:11] {nemo} not a buy the dip day in the indexes
[11:11] {+cc_9} just crash the bid already
[11:12] {nemo} twtr against the grrain
[11:12] {nemo} grain
[11:13] {+cc_9} FB = new short ETF
[11:13] {thomcbell} mu 1:1
[11:16] {+cc_9} SPY all out crash
[11:16] {thomcbell} covered balance here at 20.66
[11:16] {thomcbell} mu
[11:16] {+cc_9} FSLR not tanking with market here...hmmm
[11:18] {dino} cov chnr .83, +.40
[11:19] {dino} gj tbell
[11:21] {thomcbell} tu
[11:24] {+cc_9} now you just need to get in FSLR and your day will be complete
[11:25] {+cc_9} bottom needs confirmation so we get some bids again, trigger imo 51.60 bid
[11:26] {+cc_9} meanwhile, market still plunging
01[11:27] {@Threei} Short Setup: GLD  .70 break
01[11:27] {@Threei}  If holds  .80
[11:27] {dino} wll sm l .50
[11:29] {dino} feye crazy again, +16 friday, +2 more today
[11:29] {dino} makes me think if fish eye wine
[11:30] {dino} speaking of that, back to miller 64s, low carb starting this week
[11:30] {dino} talking to myself
[11:31] {+cc_9} FSLR some bids here
[11:31] {thomcbell} I followed this trainer starting about 7 months ago and followed his nutrition and exercise plan and it worked like magic
[11:32] {dino} carbs kill me
01[11:32] {@Threei}  same here dino
[11:32] {+cc_9} FSLR come on...crack .50s
[11:32] {nemo} stick to hard alcohol dino
[11:32] {thomcbell} i wasnt in terrible shape but went from about 190 to low 150's
[11:33] {thomcbell} and have stayed there
[11:33] {RonS} switch to fuel injection?
[11:33] {nemo} I don't really gain weight
[11:33] {dino} \need to lose 30 lbs.
[11:33] {+cc_9} FSLR come on you dog
[11:33] {thomcbell} his name is Shaun Hadsall
[11:34] {thomcbell} getleanin12
[11:35] {nemo} finnies new lows
[11:35] {dino} got it
[11:36] {nemo} me thinks fb shortable between here and .65
[11:37] {+cc_9} i hate FSLR today
[11:37] {nemo} finnies at pivot
[11:37] {nemo} bug day
[11:37] {+cc_9} sliver of hope back to .50, then crash back down
[11:38] {thomcbell} December pivot is $181.96 on SPY
[11:38] {nemo} this month's is 182.23
[11:41] {+cc_9} is FSLR ever going to 52+ today or wtf
[11:43] {thomcbell} nemo check chat
[11:43] {+cc_9} it tried to break 51.50 then got slammed back
[11:44] {+cc_9} CELG defended @ Brean Capital
[11:44] {+cc_9} "who"
[11:46] {+cc_9} it honestly almost feels like they want to sideways FSLR then out of the blue crash it again
[11:46] {+cc_9} I seriously hope I am wrong
[11:46] {nemo} dcc thom
01[11:46] {@Threei}  Brean Capital - Providing Asylum for Those Who Can't Spell Brain
01[11:46] {@Threei}  GLD 1:1
[11:48] {nemo} iwm on 3 minute looking weak at the moment
[11:48] {nemo} finnies and spy indeterminate
[11:48] {+cc_9} FSLR .40s on deck again
[11:48] {+cc_9} need .50s
[11:49] {RonS} thinking thom's last name must be tumb...
[11:50] {+cc_9} YELP @ highs
[11:52] {RonS} wprt getting squeezy...10 mil sh short
[11:53] {+cc_9} WPRT take over chatter
[11:53] {+cc_9} should be a good short on this pop
[11:54] {+cc_9} fade under 19.85
[11:54] {thomcbell} its been a straight down affair for a long time
[11:54] {thomcbell} wprt
[11:55] {+cc_9} FSLR almost .50s
[11:56] {+cc_9} FSLR trying .60s
[11:57] {+cc_9} no dice
[11:57] {+cc_9} FSLR .60s on deck
[11:58] {+cc_9} is $53 asking for too much ?
[11:58] {+cc_9} FSLR vol picking up now
[11:59] {+cc_9} FSLR trying .70 offer
[12:01] {+cc_9} someone posted this on ST : http://charts.stocktwits.net/production/original_18699274.png?1389027016
[12:02] {+cc_9} GS has always had a buy rating on FSLR until today
[12:02] {+cc_9} That's pretty weird i'd say
[12:04] {dino} out wll .84, +.34
[12:06] {RonS} gj thy wll be done...
[12:08] {+cc_9} WPRT as expected, dropping back on M& hype after spike
[12:08] {dino} ty
[12:09] {+cc_9} FSLR big seller @ .75
[12:09] {+cc_9} anyone else see that pic of the GS ratings on FSLR sinec 2011 ?
[12:10] {RonS} yes, so?
[12:10] {+cc_9} So just sharing that its the first sell rating they gave on FSLR
[12:11] {+cc_9} come on break .75
[12:11] {dino} should've gave one when it was around 100
[12:11] {+cc_9} buy rating = they are selling
[12:11] {+cc_9} sell rating = they are buying
[12:11] {+cc_9} at least thats how I look at it
[12:12] {dino} cov oxbt .16, +.12, can't get it to drop
[12:12] {dino} thats correct cc9
[12:12] {dino} \brb
[12:12] {RonS} buy = alrady long...sell = already short
[12:13] {nemo} this infelxction area for fslr
[12:15] {+cc_9} FSLR trying to crack .80s now
[12:15] {RonS} ...follow the genuflection area...
[12:16] {+cc_9} im not sure what you're saying nemo, but i hope it means FSLR going up
[12:17] {nemo} decision point
[12:17] {nemo} coming into where the top of that gap was too
[12:18] {+cc_9} oh ok
[12:20] {+cc_9} FSLR about to try .90s
[12:20] {RonS} price smacking into vwap preparing to do a backflip over the bottom of the chaiken channel...and i ain't fibbin...
[12:21] {nemo} wow, very creative
[12:21] {+cc_9} FSLR come on...clear $52 then spike
[12:22] {thomcbell} lvs 77.02 long break
[12:23] {nemo} two way thom
[12:23] {thomcbell} agreed - acts like the wet blanket is on it
[12:24] {nemo} it's currently weak on the algo
[12:24] {nemo} plus time of day working against you
[12:24] {RonS} that liberty offer for siri is a total takeunder
[12:26] {+cc_9} FSLR knocking at $52
[12:26] {+cc_9} } $52.00 come on
[12:26] {+cc_9} lets get 53 :D
[12:26] {nemo} vwap test coming probably
[12:27] {RonS} where is it por favor...
[12:28] {+cc_9} on what FSLR ?
[12:28] {thomcbell} lvs invalid
[12:28] {thomcbell} long not doing short
[12:28] {RonS} yes...vwap
[12:28] {nemo} 52.41
[12:28] {nemo} if you include pre market 52.31
[12:30] {+cc_9} failed above $52, drop back FSLR
[12:37] {dino} ande drop
[12:38] {+cc_9} SLB under pressure.
[12:42] {RonS} serious warmup today 0 to 22 so far going to 37....
[12:43] {dino} hit 40 here, but tonight going to -10 f
[12:44] {+cc_9} what stock Ron ?
[12:44] {RonS} the weather...
[12:45] {dino} broke a 30 year record on cold temp this past week
[12:46] {+cc_9} oh
[12:48] {+cc_9} FSLR no second leg since the 52 fail
[12:48] {+cc_9} back to mid 51s
[12:48] {+cc_9} yawn
[12:51] {+cc_9} 11:54 cc_9 WPRT should be a good short on this pop
[12:51] {+cc_9} 11:54 cc_9 fade under 19.85
[12:51] {+cc_9} glad I listened to myself [/sarcasm]
[12:51] {thomcbell} fb trying for another leg here
[12:51] {thomcbell} very impressive
[12:51] {+cc_9} Need FSLR back to 52+, or else I will be crabby throughout the day
[12:58] {+cc_9} SCTY tank and bounce
[12:58] {+cc_9} FSLR still sideways and stuck under 52
[13:05] {+cc_9} FSLR starting to look like sh*t again
[13:12] {+cc_9} all out FSLR 51.32 at loss, in other words, it will now rally.
[13:15] {+cc_9} need something else to make shekels on, this FSLR was a disaster
[13:16] {+cc_9} it will hit 53 before the close and I will be sick to my stomach
[13:24] {+cc_9} nice, now it bounces.
[13:24] {+cc_9} unfuckingreal
[13:24] {+cc_9} hold it for 100 hours, no dice, dump it then bounces a few mins later with stronger bids
[13:24] {+cc_9} and then they say "stop tinfoilhating"
[13:33] {+cc_9} ULTA slight tank
[13:45] {+cc_9} VRS halted
[13:52] {+cc_9} SPY massive bounce
[13:52] {nemo} spy finnies iwm
[13:55] {+cc_9} took shorts by surprise
[13:55] {nemo} took it in the shorts, huh?
[13:56] {nemo} 12k es contracts in 5 seconds
[13:58] {+cc_9} nuts
[13:58] {+cc_9} Market popped, FSLR stayed sideways, well, I guess thats that
[14:09] {+cc_9} FSLR some bids
01[14:30] {@Threei}  cc...
01[14:31] {@Threei}  will you be horribly offended if I call FSLR short? :)
01[14:40] {@Threei} Short Setup: FLASR  .30 break hl
01[14:40] {@Threei}  FLSR
01[14:40] {@Threei}  If holds  .40
[14:41] {dino} gotta hop, thx all. gn
01[14:42] {@Threei}  take care dino
01[14:49] {@Threei}  Invalidated
[14:50] {+cc_9} FSLR catching bids again
[14:51] {+cc_9} BBY defended @ Jefferies
[14:54] {+cc_9} YELP roaring
[14:58] {+cc_9} all eyes on FSLR last hour
[14:59] {RonS} ...well...at least two...
01[15:00] {@Threei}  out of my three, about 1/2
[15:03] {RonS} lol
[15:04] {+cc_9} all eyes Ron, all eyes
[15:05] {+cc_9} TXTR huge pop
[15:06] {RonS} Canadian commentary on cc and fslr:  http://www.youtube.com/watch?v=NOBBXfWEdW0
01[15:09] {@Threei}  lol
01[15:16] {@Threei} Short Setup: GLD  .55 break
01[15:16] {@Threei}  If holds  .60
[15:19] {+cc_9} FSLR get ready for it
01[15:22] {@Threei}  it really needs to take .60
[15:26] {RonS} guess who give fslr the what's up:  http://www.youtube.com/watch?v=NOBBXfWEdW0
01[15:27] {@Threei}  1:1
01[15:27] {@Threei}  "can do no wrong" day
[15:41] {RonS} out a little early, see all in the a.m.
01[15:41] {@Threei}  take care Ron
01[15:44] {@Threei}  1:2
01[15:45] {@Threei}  beautiful finish
[15:45] {+cc_9} ok guys
[15:45] {+cc_9} outa here
[15:45] {+cc_9} a demain
01[15:56] {@Threei}  OK guys, out GLD and out for the day
01[15:56] {@Threei}  have a good evening, see you tomorrow

Market Week Wrap-up

TradeTheNews.com  Weekly Market Update: Welcome to 2014

- The year 2014 began halfway through the week, closing out a year during which by most measures, economic recovery established itself throughout the global economy. US, European and Japanese equity markets closed on Tuesday at or not far from their highs of the year, while the performance of other Asian equity markets was less impressive. On Thursday, European and US indices stumbled lower. US equities saw their first down day for the opening trading session of the year since 2008. Fixed income investors saw yields move higher, with the yield on the 10-year UST topping out on Thursday around 3.04%, its highest level since 2011. Bund and gilt futures started the year with sharp losses of their own, as investors bet on more European stabilization in 2014. For the week, the DJIA less than 0.1%, the S&P500 lost 0.5% and the Nasdaq fell 0.6%.

- By many measures, 2013 was a banner year. Equities closed out the year with outsized gains: the S&P 500 rallied 30%, its best year since 1995, to close at an all-time high of 1,848 on Dec. 31st, while the Nikkei 225 gained 57%, its best year since 1972. Natural gas finally moved out of the doldrums, gaining 26% in 2013, its best gain since 2005. Renaissance Capital reported that the US IPO market was busier than in any year since 2000, with 222 companies raising a total of $55B. Deal volume in the US was up 11% y/y to around $1 trillion, while global deal volume remained more or less flat. Meanwhile after 13 positive years, the US fixed income market had its worst year since 1994, with the Barclays US aggregate bond index declining 1.9% y/y. Gold was the other notable looser, with the yellow metal loosing 28% in 2013, ending its 12-year bull run. EUR/USD and USD/JPY closed out 2013 just off one-year highs (at 1.38 and 105, respectively). USD/CNY ended 2013 at 6.0539, up 2.9% y/y compared to the 1.2% rise seen in 2012 and the 4.7% rise in 2011.

- December manufacturing PMI data from around the globe have been under the microscope this week. The official China data came in at 51.0, barely above contraction and at a four-month low. In Europe, Germany and Italy saw readings that indicated a solid level of expansion, with both sustaining six months of growth, while France's manufacturing PMI fell to a seven-month low, with sharp declines in both output and new orders. The US Markit PMI reading hit its highest level in a year, with the output index at its best level in nearly two years.

- The October S&P/Case-Shiller Index indicated home prices continued robust gains through the fall, with the y/y gain at 13.6%, the strongest showing since February 2006. Analysts highlighted that Q3 data from CoreLogic data showed 4.1 million homeowners have escaped negative equity in 2013, helping to significantly improve household balance sheets and confidence (6.4 million remain in negative equity). The December consumer confidence survey certainly reinforced this point, with the index rising to 78.1 from 72 in November. The Conference Board said that sentiment was close to a 5-year high, with consumers attributing the improvement to more favorable economic and labor market conditions.

- Detroit's Big Three turned in their best showing since 2007, reporting 2013 industry sales up 7.6% y/y, at 15.6M units. December sales results, however, fell short of consensus expectations. Ford's US sales grew 1.7% in the month, while the company's 2013 US sales increased 10.8%. Chrysler December sales grew 6% y/y, with 9% growth in 2013 sales, its biggest improvement in six years. General Motors saw its sales during the last month of the year slipping 6.3%, saying bad weather cut into December sales, and discounts in late November pulled sales ahead from December.

- Activist investor Carl Icahn has identified a new target for his loving attention: Hertz. On Monday, the company disclosed that it had adopted a one-year shareholder rights plan after having "dialogue" with a number of shareholders. Early reports said that Corvex and Third Point were building stakes and may have talked with management. Then on Friday, CNBC reported that Icahn had accumulated 30-40 million common shares, to the surprise of nobody. Share of Hertz are up more than 12% on the week.

- Cooper Tire's $2.2 billion merger deal with India's Apollo Tyre has now officially gone flat, after months of suits and counter suits between the firms. Cooper said financing is no longer available and continues to claim, as it has for months, that Apollo breached the terms of the agreement. Fiat reached a $3.65 billion deal with the UAW that will allow it to acquire the remaining outstanding 41.5% stake in Chrysler. Network security firm FireEye has a $1.05B stock-and-cash deal in hand to acquire Mandiant, which has become known for its forensic investigations of IT security breaches. Mandiant is best known for publishing a detailed report in early 2013 about a Chinese military hacking group in Shanghai responsible for hacking hundreds of companies and organizations in the US.

- Netflix said it was testing new price plans for streaming video as it tries to lure more viewers. Among the plans being tested are a $6.99/month plan that allows only one video stream to be watched and a $9.99/month plan that allows three streams at one time. This compares to the company's standard $7.99/month offering for video on up to 2 screens at once and an $11.99/month family plan for streaming up to four shows at once.

- FX markets were roiled by low-volume trading in the year-end holiday period. EUR/USD backed off two-year highs just below 1.3900 seen last Friday. Skeleton crews manning trading desks did not react to weekend comments from ECB's Draghi that there was no urgent need for ECB action amid encouraging signs that the euro zone crisis has subsided. Dealers were watching rates in the first days of the New Year for signs the liquidity squeeze that supported the euro in mid-December was continuing to fade. During the week, ECB excess liquidity rose to around €275B (the highest level since July), compared to around €200B on Dec 27th. USD/JPY maintained the strength seen in the last days of December through the first few weeks of January, around five-year lows. Japanese markets reopen on Monday after being closed most of the week surrounding the New Year's holiday.

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