Monday, December 23, 2013

Dec 23 2013

Nice and easy. Some trades don't make you struggle at all.



Session Time: Mon Dec 23 00:00:00 2013

[09:05] {barbo} GM
01[09:05] {Threei}  morning barbo :)
[09:18] {Will49} gm
01[09:18] {Threei}  will :)
[09:18] {dino} gm
01[09:18] {Threei}  dino, you OK on that poor east coast?
01[09:18] {Threei}  or is it only canada that gets whipped?
[09:18] {dino} wow, 14" of snow melted away this past weekend. bummer, green xmas
01[09:19] {Threei}  ok... you are good then :)
01[09:19] {Threei}  eastern canada got some christmas gift from mother nature
[09:20] {dino} we're fine, 62 degrees f here yesterday, going down to teens tonight and tomorrow
[09:22] {RonS} buenos dias gentes
01[09:22] {Threei}  ron :)
[09:22] {nemo} sheesh raining horses and donkeys out there
[09:22] {nemo} gonna' need scuba gear to go hunting today
01[09:22] {Threei}  be thankful it's not freezing rain
[09:23] {nemo} that's coming
[09:23] {nemo} freezing rain warnings just north of here
[09:24] {Will49} ice storm in Toronto severely disrupted the crack supply chain
01[09:24] {Threei}  lol
[09:25] {Will49} Rob Ford=Cdn newsmaker of the year
[09:25] {Will49} officially :)
01[09:25] {Threei}  no doubt
[09:25] {Will49} CBC decreed it, so it's truth
[09:26] {RonS} ...we hardly knew ye...
[09:27] {Will49} he's so upset that a conservative is newsmaker of year
01[09:27] {Threei}  so are conservatives
[09:27] {RonS} lol
[09:27] {Will49} yeah LOL
[09:28] {RonS} ...probably his Rogers cable...
[09:28] {cc_9} Good morning all.
[09:28] {RonS} ...must like playing his drums with a broken stick...
01[09:28] {Threei}  cc9 :)
[09:29] {cc_9} cc list for today : KMX - IOC - TIF - MU - F
01[09:29] {Threei} Short Setup: GDX  .30 break
01[09:29] {Threei}  If holds  .40
[09:31] {cc_9} TIF booming right out the hgate
[09:32] {ese} morning....my computers jamming like crazy
01[09:32] {Threei}  ese :)
[09:32] {nemo} it worked  hehehehehe
01[09:32] {Threei}  dio you have skype?
[09:32] {RonS} going to put them in the group?
[09:32] {ese} no
[09:33] {Will49} lol Ron
01[09:33] {Threei}  ok folks, in case I forget, remind me later... found out what skype does under the good, you may want to do some correction on your comp. Made a lot of difference for me
01[09:33] {Threei}  under the hood that was
[09:33] {nemo} you mean "hood"?
[09:34] {thomcbell} cat setting up long here
01[09:34] {Threei}  nasty stuff really
[09:34] {cc_9} long KMX here, target 49.50
[09:34] {nemo} dri wow
[09:35] {thomcbell} cat nice move
[09:35] {RonS} some activist group took position dri
01[09:36] {Threei}  great spot CAT, tbell
[09:37] {thomcbell} bought small bita
[09:37] {cc_9} IOC crashish
[09:38] {dino} not using skype here
01[09:40] {Threei}  trail to .36
[09:42] {thomcbell} mu looking vulnerable
[09:42] {thomcbell} holy FB
[09:43] {thomcbell} 21.31 short break
[09:43] {RonS} kors
[09:44] {cc_9} GOGO looks intradesting
[09:45] {nemo} mmmhhh...you've been around Vad too long
[09:46] {barbo} UTHR  up 24%
[09:46] {dino} watching it
[09:46] {dino} bp drug
01[09:47] {Threei}  United Therapeutics Corporation FDA Approves Orenitram(TM) (treprostinil) Extended-Release Tablets for the Treatment of Pulmonary Arterial Hypertension- announced today that the United States Food and Drug Administration (FDA) has approved Orenitram (treprostinil) Extended-Release Tablets for the treatment of pulmonary arterial hypertension (PAH) in WHO Group I patients to improve exercise capacity.
01[09:47] {Threei}  and a few upgrades
[09:48] {RonS} prlb ape
01[09:49] {Threei} Short Setup: FB  .50 break hl
01[09:50] {Threei}  If holds  .60
01[09:50] {Threei}  meh
[09:53] {dino} uthr sm s .99
[09:53] {thomcbell} fb strong
[09:53] {thomcbell} master o fthe obvous
01[09:55] {Threei}  why do you want to compete with me for that title, tbell...
[09:55] {nemo} you like fb short below .60 vad?
01[09:56] {Threei}  if bounces above .60 again and stays under high, yes
01[09:58] {Threei}  nah... got away
[09:58] {nemo} yep
[10:00] {dino} yndx spike
[10:03] {dino} cov unthr 107.90, +1.09
[10:03] {nemo} not a surprise for this week, but nothing on the algo yet
[10:03] {RonS} gj
[10:03] {dino} thx
[10:04] {Will49} dino...applause
01[10:06] {Threei} Long Setup:  P  .85 break
01[10:07] {Threei}  If holds  .75
01[10:08] {Threei}  1:1
[10:08] {dino} will, none of that until we see how rest of day goes
[10:09] {thomcbell} pretty powerful cup pattern with a small handle on FB
[10:09] {thomcbell} on daily
[10:09] {thomcbell} looks like a 70 dollar stock
[10:10] {dino} hope so, put kids in it at 22
[10:11] {dino} uthr bounce
01[10:13] {Threei}  1:3, out
01[10:14] {Threei}  don't tell me no one played that
[10:14] {cc_9} YRCW wow
[10:14] {Will49} i did :)
[10:14] {Will49} tks
01[10:14] {Threei}  whew :)
[10:16] {cc_9} TIF what a beast
[10:17] {cc_9} IOC COMING BACK FAST
[10:21] {nemo} kmx coming into support
[10:22] {cc_9} blah...
[10:22] {cc_9} TSRO butchered
[10:22] {nemo} wonder if they're setting up the refiners for the spring trade
01[10:23] {Threei}  LOL:
01[10:23] {Threei}  Everything happens for a reason. Sometimes the reason is that you are stupid.
[10:24] {nemo} tweetofGod?
01[10:24] {Threei}  no
[10:24] {nemo} who
01[10:24] {Threei}  no idea... random e-mail
[10:24] {RonS} Phil Robertson?
01[10:25] {Threei}  rofl
01[10:26] {Threei}  just two weeks ago I had no idea who he was and never heard of the show
01[10:26] {Threei} Long Setup:  MCD  .40 break hl
01[10:27] {Threei}  If holds  .30
01[10:30] {Threei}  change to .30 break
01[10:30] {Threei}  aggressive
01[10:30] {Threei}  If holds  .25
01[10:32] {Threei}  1/2 meh
[10:36] {nemo} algo view:  http://imageshack.com/a/img842/2553/f274.jpg
[10:42] {nemo} vmw looks weak
[10:43] {nemo} mmmhhh...all the leaders on the strong side weakening
[10:47] {nemo} swn coming into the whole number and was #1 on strong side
[10:47] {nemo} which is real close to vwap
01[10:47] {Threei} Long Setup:  SLW  .65 break
01[10:47] {Threei}  If holds  .60
[10:48] {nemo} vmw testing lows
[10:49] {cc_9} next time, remind me to just buy 100k SIRI
[10:49] {cc_9} @ open, then go back to bed
[10:51] {nemo} twtr
01[10:51] {Threei}  FB non-stop
[10:52] {nemo} twtr just broke likely gonna go
[10:57] {ese} L nxpi .66
01[11:01] {Threei}  SLW valid
[11:01] {ese} stop to break even nxpi
[11:04] {ese} alllllllllllllll mmmmooooooooossssst 1 to 1
[11:04] {ese} ½ .76 +.10
[11:05] {dino} gj
[11:05] {Will49} very "liberal" use of Ls and Os there ese
01[11:06] {Threei}  not even speaking of Ms and Ss
[11:06] {Will49} more "conservative there
[11:06] {ese} tks........
[11:07] {ese} trying out new communication ideas
[11:07] {ese} stop to .75 balance nxpi
[11:08] {dino} you guys finding much?
[11:08] {dino} also, any das users have chart issues?
[11:09] {ese} out full .85 +.19
01[11:09] {Threei}  charts look OK
[11:09] {Will49} ok here dino
[11:09] {robbers} OK here.
[11:10] {Will49} by issues do you mean boring?
[11:11] {Will49} ala SLW
01[11:13] {Threei}  first world problems, will?? :)
[11:13] {Will49} ?
01[11:14] {Threei}  bored by a stock...
[11:14] {Will49} another failed attempt at humour on my part Vad
01[11:15] {Threei}  bot, do I know those
01[11:15] {Threei}  boy
[11:15] {Will49} haha
01[11:15] {Threei}  let me entertain you:
01[11:15] {Threei}  https://www.facebook.com/photo.php?fbid=579101195502733&set=a.488848774527976.1073741828.483178015095052&type=1&theater
[11:15] {Will49} WOW
[11:15] {cc_9} just to confirm, tomorrow is a half day
01[11:16] {Threei}  yes
01[11:16] {Threei}  and after tomorrow is off
[11:16] {Will49} today is half-assed
[11:16] {robbers} lol
01[11:16] {Threei}  in case someone hates christmas and doesn't knowe it's an off day for the market {G}
[11:17] {Will49} open again on Thurs?
01[11:17] {Threei}  yes
01[11:17] {Threei}  then closed Jan 1
[11:17] {Will49} tks
01[11:18] {Threei}  Christmas: The equities markets close at 1 pm EST with the extended session closing at 5pm EST on Tuesday, December 24th and will reopen on Thursday, December 26th at their normal time
01[11:18] {Threei}  New Year's: The equities markets are closed on Wednesday, January 1, 2014 and will reopen on Thursday, January 2nd at their normal time
[11:18] {nemo} Europe will be off until the 6th, so that means market doesn't get back to normal until the next week
01[11:19] {Threei}  why
[11:19] {dino} wow, they close for that many days?
01[11:19] {Threei}  what do we care about that weird continent
[11:19] {nemo} no, Europe loves holidays, 3 Kings Day is the 6th, so markets open but many off
01[11:20] {Threei}  see? weird
[11:20] {nemo} Christianity is weird too
01[11:21] {Threei}  what religion isn't
[11:21] {robbers} So is Judaism, we tried to preempt Thanksgiving this year.
01[11:21] {Threei}  including atheism
[11:21] {nemo} actually, any of them...imagine yourself a cop investigating some of these prophet's experiences
[11:21] {nemo} So, Mr. Moses, a burning bush was talking to you?
[11:22] {nemo} Ahhh, Mary, if you want state aid you'll have to identify the father.  "but there wasn't one!"
[11:22] {nemo} "I
[11:23] {RonS} Russian TV reports inventor of Kalashnikov assault rifle, Mikhail Kalashnikov, has died
[11:23] {nemo} Abraham:  "I'm telling ya' God told me to sacrifice the little bast....er....Isaac."
[11:24] {dino} roflol
[11:24] {RonS} nemo thinks he's louis black?
[11:24] {nemo} Pestilence, war, famine, disease-it's a sign of the big guy's love
[11:25] {nemo} He's a big fan of gang rape
[11:25] {RonS} never knew he was Indian...
[11:26] {Will49} last time I laughed at this kind of thing, I got hit by lightning
01[11:26] {Threei}  lol
[11:26] {Will49} so, i'm staying clear
[11:26] {dino} yndx sm s .69
06[11:26] * Threei quickly wipes the smirk off his face
[11:26] {nemo} Most of us are familiar with religion's technique of coopting a local religious custom to entice the locals....go watch the first part of Zeitgeist on You tube
01[11:27] {Threei}  ok guys, before I forget
[11:27] {dino} rebooted, charts ok
01[11:28] {Threei}  you may remember, a few weeks ago we spoke of Skype taking abnormal processor power at some periods of time
[11:28] {nemo} Eve:  Listen Adam, when he said "Be Fruitful and multiply..."  he wasn't talking about fellatio!
01[11:29] {Threei}  turns out the reason is Skype using your computer as a supernode to support the traffic for other users
[11:29] {Will49} sheeesh
01[11:29] {Threei}  you can prevent it from doing that only by editing the registry
01[11:29] {Threei}  here is simple instruction: http://community.spiceworks.com/how_to/show/47540-skype-disable-supernoding-for-windows-7
01[11:30] {Threei}  mine stopped doing that after this fix
[11:30] {nemo} what kind of decrease did you see in you cpu usage?
01[11:30] {Threei}  during activity period skype alone was taking almost 17% of CPU
01[11:31] {Threei}  largest user by far
[11:31] {nemo} I must have done that already, skype is never high in my usage
01[11:31] {Threei}  normally, if I don't run Photoshop, I stay withn 7%
01[11:33] {Threei}  HLF Pershing Square issues commentary, skeptical of recapitalization plan
01[11:33] {Threei}  lol... ackman never quits, does he
01[11:33] {Threei}  - NYSE volume 130M shares, about 8% below its three-month average; - NASDAQ volume 405M shares, about 5% below its three-month average
[11:33] {RonS} never saw "Mars Attacks"...ack, ack, ack...
[11:36] {nemo} can you screen scrape what that looks like in your registry and mail it to me Vad
01[11:40] {Threei}  done
[11:40] {dino} uthr spike
01[11:42] {Threei} Short Setup: WMT  .80 break
01[11:42] {Threei}  If holds  .85
[11:44] {nemo} cool
[11:44] {RonS} twtr almost 63
[11:45] {dino} cov yndx .49, +.20
[11:45] {dino} uthr app hod
01[11:45] {Threei}  wtg
[11:45] {dino} ty
[11:46] {dino} brb
[11:46] {cc_9} TSRO looks like its trying to base, will wait till tomorrow to see if bottom is in
[11:50] {thomcbell} mhk looks good here
[11:50] {thomcbell} not playing
[11:50] {RonS} ese here?
01[11:51] {Threei}  unless he run to butchart gardens after seeing my photo
[11:51] {Will49} LOL
01[11:51] {Threei}  which would be in vain since snow disappeared the next day after I took the shot
[11:52] {ese} ya
[11:52] {RonS} look nxpi and give us some honest to god cc whining... :)
[11:52] {ese} started my christmas drinking with a little Baileys in my coffee this morning
[11:53] {cc_9} SLB droping here
[11:53] {ese} bastard....look at that thing
01[11:54] {Threei}  ese... man, what are you doing with that girly stuff
[11:54] {RonS} lol
01[11:54] {Threei}  didn't we agree once and for all that you don't add anything but vodka in your coffee?
[11:54] {ese} GIRLY!!!!!!!!!!!!!
[11:54] {ese} I'll have you know I represent that remark!!!!!!!!!!!!!
01[11:54] {Threei}  3 parts vodka, 1 part coffee - that's your holiday morning drink
[11:55] {ese} ok will try that
[11:55] {Will49} sweet, just like a 1:3 trade
[11:55] {RonS} definition of "the dark side"?
[11:55] {ese} ya gotta start slow man.....then build up to a crescendo
01[11:55] {Threei}  just don't be surprised if your morning turns into evening unusually quickly
[11:55] {RonS} when head hits floor?
[11:55] {Will49} hahaha
[11:55] {ese} lol
01[11:56] {Threei}  as old russian saying goes, "drink in the morning - freedom for the rest of the day"
[11:57] {ese} fantastic wisdom
[11:58] {RonS} mimosas = breakfast of champions, and gluten free too...
01[11:59] {Threei}  hmmm
01[11:59] {Threei}  I don't see any hard liquor in there
[11:59] {RonS} soda slam
[11:59] {ese} as long as it's not fat free
[12:00] {cc_9} SODA fizzle lod
[12:01] {ese} ya need fat in the diet to coast dem dare nerve endings.......for proper nervous system functions
[12:01] {ese} help when your trading and feeling like your going over the deep end...........
[12:01] {ese} coat
[12:02] {RonS} is that french for cote...?
[12:02] {ese} ya
[12:03] {ese} italian
[12:04] {ese} copertura rather
[12:04] {ese} or coprire
[12:05] {RonS} had some french red wine last night "cote du kiss my ass..." wife's rich aunt bought...sure $50+...some Louis Martini cab kicked its butt...$11 and 2 yrs younger
[12:05] {ese} maybe rivestire
[12:05] {ese} lol
[12:06] {dino} lol
[12:09] {ese} a drunk staggers out of a bar and runs right into two priests.  He says"i'm Jesus Christ".  First preist says...no son your not. drunk turns to the other preist. "i'm Jesus Christ..." Second preist says...no son your not.  Drunk says look...I can prove it....
[12:10] {ese} He walks back inot the bar with the preists.  The bar tenders takes one look at the drunk and exclaims "Jesus Christ!!!!!!!!! you back here again?"
[12:10] {cc_9} TSRO defended @ RW Baird
[12:11] {RonS} frenchies running amok even in canada...look ufs
[12:12] {ese} Baby seal walks into a bar, the bartenderaks, "what will it be stranger?"  Anything but  a Canadian Club replies the seal.
[12:12] {Will49} now...that;s a good one
01[12:12] {Threei}  https://pbs.twimg.com/media/BcLztneCUAEGrPb.png
[12:12] {RonS} ...borderline soviet...
01[12:13] {Threei}  Per Rasmussen, 22% Still Have Not Started Their Holiday Shopping
[12:14] {ese} A French fry walks into a bar and says to the bartender.  "Hey, could I get a beer please?"  Bartenders looks at him shaking his head and says, "No sorry, we don't serve food here"
[12:14] {ese} ba dap bap!!!!!!
[12:14] {Will49} hohohoho
01[12:14] {Threei}  whatever you, do not go to any dtore today... it'll be like trying to navigate your way among running bisons
[12:15] {ese} What do you call a hundred Blondes stacked on top of each other?
[12:15] {ese} .........
[12:15] {nemo} insane asylum
[12:15] {ese} An Air mattress!
[12:15] {ese} yuk yuk yuk yuk
[12:15] {ese} And
[12:16] {ese} What do you cal 10 blondes standing ear to ear?
[12:16] {ese} huh?
[12:16] {ese} A wind tunnel......
01[12:17] {Threei} Long Setup:  TNA  .90 break hl
01[12:17] {Threei}  If holds  .80
[12:17] {dino} grasshopper wakls into bar. bartender says "we have a drink named after you" grasshopper replies, "you have a drink named fred?"
[12:18] {ese} What happened after the blonde ran to meet her long lost twin sister?  She got seven years of bad luck for breaking her nose on the mirror.
[12:18] {dino} horse walks into a bar, bartender asks, "why the long face?"
[12:18] {ese} lol
[12:18] {Will49} LOL
[12:18] {RonS} hey will...
[12:19] {ese} I have a tech question for you all?
[12:19] {dino} blonde gets prenancy news from doctor, she asks, "you sure its mine?"
[12:19] {ese} How do you set a laser printer to stun?
[12:19] {RonS} uthr ape
[12:19] {ese} lol
[12:20] {Will49} ron..did you address me?
[12:20] {ese} I would love to change the world..........but they won't give me the source code.
01[12:21] {Threei}  just use AK-47, ese, as everyone else does
[12:21] {RonS} ya will, make it stop or teach them what a real joke is...
[12:21] {ese} lol
[12:21] {dino} i could've played football for the ny jets, but they never asked me
01[12:21] {Threei}  Ron... I just tried
[12:21] {nemo} you couldn't do worse at qb
[12:21] {ese} rotflol
[12:21] {Will49} yeah ron
[12:22] {dino} my son asked me to make him a sandwich. i replied, "if i could do that i'd make myself a 20 year old horny billionaire"
[12:22] {RonS} nxpi again
[12:22] {ese} rotf
[12:22] {Will49} LOL
01[12:24] {Threei}  1:1
[12:25] {ese} phew..........that was a good run of jokes there.......everyone Ok...nobody get hurt?
[12:25] {nemo} just my opinion of you
[12:25] {Will49} only my stomach muscles
01[12:26] {Threei}  my sense of humor got killed badly
[12:26] {ese} lol
01[12:26] {Threei}  I'd say it got killed to death
01[12:26] {Threei}  I will never crack a smile again
01[12:26] {Threei}  and I hold you lot responsible
[12:27] {ese} christmas food for thought: I doubt, therefore I MIGHT be.    or    Do you feel your diagonally parked in a parallel universe?
[12:28] {nemo} think ese found recreational substances
[12:28] {ese} lol
01[12:28] {Threei}  or tested my theory about how right coffee is made
[12:28] {ese} it's the christmas chocolate......I inject it intervenously
01[12:29] {Threei}  now Rob Ford is not alone in his drunken stupors
[12:29] {ese} does weird things to ya
[12:29] {Will49} ese...you're a different guy when school's out
[12:29] {Will49} Dr. Jeackle
[12:29] {RonS} radio transissions to space next?  Federal judge orders Ohio officials to recognize gay marriages on death certificates
01[12:29] {Threei}  he doesn't have to a role model
01[12:30] {Threei}  and limit himself to 5 drinks a day
[12:30] {Will49} yeah...must be the Baileys
[12:30] {ese} or....it could be the shot of Baileys in my coffee this morning......i'm more in control for the rest of the day just like you said
[12:31] {Will49} sheesh...listening to nemo reminded me
[12:31] {Will49} forgot to take the turkey out of the freezer
01[12:32] {Threei}  wow
01[12:32] {Threei}  when do you intend to cook it?
[12:32] {ese} one thing is for certain though.........when i get up in the morning and look in the mirror.......i'm usually so ugly that my reflection ducks.
[12:33] {ese} ba dap bap!!!!
[12:35] {Will49} Vad..i don't intend to cook it:)
[12:35] {ese} Nemo?   Was it your family that use to watch tv on an Etch- A- Sketch when you were young?
[12:35] {nemo} where did that come from?
[12:36] {ese} lol
[12:36] {nemo} Gawd I hope you didn't breed
01[12:36] {Threei}  will... respect!
[12:36] {Will49} aha
[12:37] {ese} At one of our Grimbergen beer nights......Will said that they were so poor that they used to hang the toilet paper out to dry!
[12:37] {Will49} oh yeah
[12:37] {Will49} didn't everybody?
[12:37] {ese} rotflol
[12:38] {ese} haven't been on a roll like this for a long time
[12:38] {ese} am good for at least another year now
[12:38] {Will49} gotta get me some Baileys
[12:38] {RonS} prob is...on the wrong side of the hill...
[12:39] {ese} lol   indeed
[12:39] {Will49} lol
[12:39] {nemo} http://read.bi/1la2BPu
[12:44] {mib_yl8zih} I heard mr walker, mr daniels and mr smirnoff offer custom holidays any day of year
[12:44] {nemo} often in the morning
[12:45] {Will49} hey mib...you gonna fit in here
01[12:46] {Threei}  no kidding, lol
[12:46] {nemo} Jack just called
[12:47] {Will49} mib...wher you locate?
[12:47] {Will49} where located
[12:47] {RonS} acad march
[12:49] {Will49} guess i should know better than to ask an NSA guy where he's located
[12:50] {nemo} Ft. Meade
[12:50] {nemo} It's just off the BW parkway
[12:50] {ese} Nemo.....that was awesome.....the guys who fooled everyone was a professional bowler....too cool
[12:50] {Will49} aren't they everywhere?
[12:50] {nemo} They have satellite offices (no pun intended) all over the world
[12:57] {nemo} Is CC okay, not a peep
[12:58] {nemo} http://bit.ly/1la5HmM
[12:58] {Will49} brought a knife to a gun fight
[12:59] {cc_9} hello
[12:59] {cc_9} slow day nemo, just counting down the minutes
[13:00] {nemo} I understand, just making sure, you usually at least grunt
[13:00] {nemo} or threaten to destroy a defenseless monitor
[13:00] {cc_9} lol, im tired today
[13:01] {nemo} I understand,  I've been unable to sleep for more than an hour or two over the last week
01[13:04] {Threei}  come on cc9... just how tired you should be to be afraid of said defenseless monitor
[13:05] {cc_9} F dumping now
[13:12] {nemo} sit here bored, or go sit out in the rain and maybe kill something?
[13:13] {nemo} odds are vix short
[13:15] {nemo} TDC coming into whole and pivot at .94, could see a vwap bounce...today though, bets are off
[13:15] {cc_9} F at last support on 15min
[13:15] {cc_9} 15.20ish
[13:19] {nemo} tdc 44 buyer
01[13:20] {Threei} Short Setup: GLD  .60 break
01[13:20] {Threei}  If holds  .65
01[13:20] {Threei}  aggressive for .50
01[13:21] {Threei}  Obama administration says it will extend deadline to Dec. 24 to sign up for Jan. 1 health care coverage
01[13:21] {Threei}  aren't you guys lucky
01[13:21] {Threei}  did president sign up yet?
[13:21] {nemo} cm buyer at 138.65
[13:22] {nemo} I lied....70
01[13:23] {Threei}  http://www.realitytrader.com/vad/Watercooler.jpg
01[13:28] {Threei}  1:1
[13:30] {cc_9} F must hold this level, or gets dumped even lower than it did on the 18th
[13:35] {dino} i am clueless on how a president can barbitrarily chage parts of laws
[13:35] {dino} lol arbitrarily
[13:36] {RonS} he can't, the state insurance commisioners and health companies are ignoring him and following the law
[13:37] {RonS} his proclamations are pr bullshit to turn the polls
01[13:38] {Threei}  it's easy dino: he is above the law because he knows better what's good for you
01[13:39] {Threei}  you continue living under erroneous notion that you know what you need
[13:39] {cc_9} F dogathon
01[13:39] {Threei}  in fact, he does
01[13:40] {Threei}  you thought you had good insurance? he looked at it and decided it was crappy
01[13:40] {Threei}  so you lost it and now will get better one (more expensive, sure but it's better)
[13:40] {cc_9} The president knows right and he just wants what is good for the citizens
[13:41] {cc_9} I would totally trust his judgement, why would he try and screw people ?
01[13:41] {Threei}  and a few years down the road, you come to dealership to buy Honda Civic - they tell you it's a crappy car, here is your Cadillac
01[13:41] {Threei}  see? cc9 got with the program, and happy as a clam now
[13:42] {cc_9} Yes, I got my Obama cell phone and I love it.
01[13:42] {Threei}  wtg
[13:44] {nemo} yeah, unfortunately it's Siri speaks ubonics
[13:46] {cc_9} das raciss
[13:46] {RonS} just ax it to change languages...
[13:46] {cc_9} F new lows
[13:46] {nemo} nah, bigoted
[13:46] {nemo} can't be a racist unless you are in a position of power vis a vis a person who is part of a protected class
[13:47] {nemo} had it explained to me
[13:48] {cc_9} F majorly dumped now
[13:59] {cc_9} F cannot seem to crack the .20s to the upside, lots of selling @ .20/.21
[14:05] {cc_9} Its official, Obama signed up for the Bronze plan
01[14:06] {Threei}  - NYSE volume 290M shares, about 15% below its three-month average
[14:08] {Will49} NYSE boredom ETF at HOD
[14:12] {cc_9} F just turned into SIRI
[14:12] {cc_9} $0.01 up/down for the past 25mins
[14:17] {cc_9} and now its down another $0.02
[14:21] {dino} nothing moving. calling it a decent day and stopping. gn allo
[14:21] {dino} all
[14:22] {Will49} peace dino
[14:23] {cc_9} Take care
01[14:23] {Threei}  take care dino
[14:23] {dino} same to you. see you in am
[14:25] {cc_9} F either drops or pops $0.01
[14:25] {cc_9} some volume here
[14:27] {cc_9} welps, looks like that was a penny downtick
01[14:32] {Threei}  will, ese... hope you don't need to go to ferry
01[14:32] {Threei}  A car crash at Beacon and Pay Bay highway has taken out a traffic light. Traffic shut down at that location until further notice.
[14:32] {Will49} yeah...windy as hell down here
01[14:32] {Threei}  can you imagine rerouting 17th highway?
[14:32] {cc_9} F pop lol
[14:33] {Will49} it's a nightmare, been thru it several times
[14:34] {cc_9} F that was a pretty nice pop if you like to trade for $0.02
01[14:37] {Threei}  I am ready for GLD to die more
01[14:49] {Threei}  {GLD} but I want to live!
[14:50] {Will49} shut up and die!
[14:50] {cc_9} F nice!
01[14:51] {Threei}  who is f nice, cc9?
[14:53] {cc_9} F is
[14:53] {cc_9} huehue
[14:53] {Will49} F hue 2
[14:53] {cc_9} I made 3 cents, so that beats a kick in the nutts / digging ditches / sharp item in the eye / being friends with nemo
01[14:57] {Threei}  being electrocuted?
[15:03] {Will49} well....i guess the good news is: we're positioned short for the last hour
[15:11] {cc_9} F back @ lows
[15:11] {cc_9} gona try it again for $0.02
[15:18] {cc_9} limit to sell .17/.18
[15:18] {cc_9} F
[15:20] {cc_9} all out F for $0.02
[15:20] {cc_9} ATM
[15:21] {cc_9} (why are you wasting your time with $0.02)
[15:21] {cc_9} trading 5k/10k blocks
[15:26] {Will49} just the kind of day that makes you talk to yourself
[15:29] {ese} not really away......lurking
[15:29] {ese} spying maybe
[15:29] {ese} clandesdine
[15:30] {ese} you all better watch out
06[15:30] * Threei is picturing ese in the clock and with dagger
[15:30] {Will49} better not pout
[15:30] {ese} better not shout
[15:30] {ese} i'm tellin you why
01[15:31] {Threei}  because santa watches you as you are sleepin'?
01[15:31] {Threei}  (which btw is totally creepy)
[15:31] {Will49} you're getting a clock and dagger for Xmas
[15:31] {ese} gotta get me one of them big cloaks
[15:31] {ese} lol
[15:31] {Will49} Rob Ford was see Santa as a pedofile
[15:31] {ese} somebody will clock me a good one someday i'm sure.
[15:32] {Will49} I picture ese as the phantom of the opera
[15:32] {Will49} or the jazz band
[15:32] {ese} hmmmmmmmm ya......when i wear that stuff I make it look good
[15:33] {Will49} the mask?
[15:33] {ese} lol
[15:33] {Will49} hope GLD comes down the chimney soon
[15:34] {ese} time for some more Baileys
06[15:34] * Threei sends GLD a sock with lump of coal
[15:34] {Will49} lol
[15:35] {Will49} clock sock and coal..new rock band
01[15:35] {Threei}  better yet:
01[15:35] {Threei}  cloack sock coal and dagger
01[15:36] {Threei}  byline in the posters:
[15:36] {Will49} sounds more like a singing group
01[15:36] {Threei}  Embrace the Sock. ~N. Pelosi
[15:36] {Will49} careful now Vad
[15:37] {ese} alrighty then............am outta here for the day.....catch ya tomorrow.  How long is the mrkt open tomorrow.......noon?
01[15:37] {Threei}  half day
[15:37] {ese} tks........cya
[15:37] {RonS} "sock it to me" Dick Martin
[15:38] {Will49} artey somebody too
[15:38] {Will49} used to play a nazi in comedy sketches
[15:38] {Will49} arty Johnson?
[15:38] {cc_9} ok folks
[15:39] {cc_9} take care
[15:39] {RonS} arte johnson
[15:39] {Will49} yeah
01[15:39] {Threei}  btw... I am shuddering of the thought of publishing the log with all those incredbily bad jokes
01[15:40] {Threei}  but the idea of editing it is so inappeaking that I will publish it as is
[15:40] {Will49} i shuddered at the pop in GLD
[15:41] {Will49} so...I too am folding my tent
01[15:41] {Threei}  want to fold mine?
[15:41] {Will49} see you tm
01[15:41] {Threei}  I hate that folding thing
[15:41] {Will49} is that code for something?
01[15:41] {Threei}  no... just the process :)
01[15:41] {Threei}  spikes...
01[15:41] {Threei}  poles...
01[15:41] {Threei}  folding...
01[15:42] {Threei}  OK guys, thank you all
01[15:42] {Threei}  have a good evening
01[15:42] {Threei}  see you tomorrow

Friday, December 20, 2013

Market Week Wrap-up

TradeTheNews.com  Weekly Market UpdateThe Taper Is On



- The FOMC surprised markets and announced the taper at its December meeting on Wednesday. In the press conference after the event, Chairman Bernanke said economic growth would pick up in coming quarters but highlighted that even after the reduction in asset purchases, the Fed would still be adding to its holdings at a rapid pace. Beginning in January, the Fed will buy $75 billion in bonds each month, down from the $85 billion it had been buying since September 2012. The Fed will cut back on purchases of mortgage-backed securities and treasuries by $5 billion per month each. The Fed's assessment of the economic outlook was somewhat more upbeat and the statement was more or less in line with expectations. The VIX moved lower back toward 13 while the Dow closed the week near a new all-time high even after adjusting for inflation. On Friday, the third and final reading of Q3 US GDP came in better than the preliminary reading, rising to +4.1% from 3.6% prior, for the strongest rate of growth since the final quarter of 2011. Equities have shot higher after the taper and the GDP news, while selected decent data in Europe helped European indices gain. For the week, the DJIA rose 3.1%, the S&P500 rose 2.5% and the Nasdaq gained 2.6%.

- In the decision issued on Wednesday, the Fed said it would begin to taper QE buys in January and set qualitative conditions for the next round of tapering but left the specific details of the latter point open ended. The challenge now is managing expectations for a rate hike, and to that end the Fed strengthened its forward guidance by saying rates would remain low well after unemployment reached their 6.5% threshold. Helping matters, CPI figures released this week continued to indicate inflation levels remain below the Fed's target.

- Treasury markets were somewhat volatile as the FOMC announcement induced some recalibration. Leading up to the FOMC meeting traders were betting that at the very least tapering would be discussed extensively, even if it were not announced until next year. After the announcement traders appeared to use the news to unwind bets that the yield curve would steepen. The belly of the curve saw outsized selling which backed up yields on the 5-year and 7-year notes. Midweek offerings in those maturities were particularly disappointing, which helped the 5-year yield to reach a high of 1.72% and the 7-year to top 2.4%. Fed fund futures suggest the market believes the Fed will hike rates by the third quarter of 2015, inducing some early hand wringing that the Fed's forward guidance has not fully convinced markets yet. Spot gold hit its lowest price since June on Friday at $1,185 an ounce, closing in on a 3.5-year low touched earlier that month.

- In China, rocketing short-term rates prompted the PBoC to use short-term liquidity operations to inject emergency funding into money markets, echoing the credit crunch seen last June. In Shanghai, the seven-day repo rate rose to a six-month high of 7.6% on Friday, up from 7.06% on Thursday, while overnight interbank rates jumped to 8.2%. The PBoC injected nearly $50B into money markets to calm nerves. The Shanghai Composite fell nine straight sessions through Friday.

- Emerging-market equities plummeted this week, exacerbated by the Fed, the liquidity situation in China and a political and corruption crisis in Turkey. Turkish equities slumped after mass arrests of clients and family members of PM Tayyip Erdogan's ruling party, followed by retaliatory dismissals of police chiefs by the ruling party. The Turkish Lira fell to 2.0970 per dollar, the weakest since at least 1981. One exception was Russia, where the Micex has gained this week after President Vladimir Putin surprised everyone by pardoning Mikhail Khodorkovsky.

- The yen racked up its eighth weekly decline against the greenback after the Bank of Japan sustained its plan to add 60-70 trillion yen a year to the monetary base. The BoJ said it would maintain stimulus until annual inflation is stable at 2 percent. Most analysts anticipate the BoJ will boost stimulus after the national sales tax is raised in April. USD/JPY entered the week at 103 and rose above 104.5 on Friday.

- EUR/USD topped out last week around 1.3810, which is exactly as high as it got after the Fed announcement this week as well. Despite some decent economic reports, including the excellent ZEW and manufacturing PMI data out of Germany, EUR/USD failed to make top its 2013 highs at the 1.3830 level. Traders see more pressure on the single currency as year-end flows wind up and portfolio inflows slow down. In the UK, the ILO Unemployment Rate edged closer to BOE threshold of 7.0% while Jobless Claims declined for the 13th straight month. GBP/USD rose above 1.6350.

- There were several large M&A deals announced this week. After years of back-and-forth negotiations with various potential partners, AIG reached a deal to sell its aircraft leasing business ILFC to AerCap in a cash-and-stock deal valued at approximately $5.4B. This is the last major sale of AIG's non-core businesses in the wake of the financial crisis, which has seen the size of the firm cut in half. Semiconductor manufacturer Avago agreed to buy LSI Corporation for about $6.6B in cash, moving into the world of networking and storage chips as the computing world embraces the cloud.




TradeTheNews

Dec 20 2013

Very quiet day with very few trading opportunities. Won a few in the morning, lost a few in the afternoon. Overall, we have finished a very nice week with 4 strong days -  remarkable for the FOMC week and holiday trading.


Session Time: Fri Dec 20 00:00:00 2013
[08:59] {dino} gm
[08:59] {nemo} ow
01[08:59] {Threei}  morning dino
[08:59] {nemo} http://huff.to/JagLnq
[09:01] {dino} lol, n. korea threatens s. korea by fax
[09:02] {dino} what next, facebook badmouthing?
01[09:02] {Threei}  ouch... that'll show them
[09:04] {nemo} looks like spy div. about .90
[09:05] {nemo} pivots will be off accordingly
[09:06] {barbo} GM
01[09:06] {Threei}  barbo :)
[09:07] {RonS} hi guys
01[09:08] {Threei}  ron :)
[09:08] {nemo} Mr. senseofhumor.....not!
[09:11] {RonS} have a lot of respect here for Camille Paglia...says the Duck dude's firing is a free speech and freedom of religion issue...smacks of thought control and Stalin...
01[09:15] {Threei}  - S&P cut Supranational European Union by one notch to AA+ from AAA-
[09:15] {Will49} gm
01[09:15] {Threei}  seriously? it was ytiple a up to now?
01[09:15] {Threei}  will :)
[09:22] {nemo} bfd
[09:23] {cc_9} Good morning guys.
[09:23] {cc_9} Lets end the week with a bang
01[09:23] {Threei}  cc9 :)
[09:24] {nemo} could take that a coupla ways
01[09:24] {Threei}  who... ah, never mind
[09:24] {nemo} rht ripping
[09:25] {nemo} setting up a siri trade there Knuckles?
[09:25] {RonS} aria...huge volume gap 18% float short
[09:28] {cc_9} small bio = death
[09:28] {nemo} srpt
[09:28] {cc_9} :(
[09:28] {cc_9} thanks nemo
[09:28] {nemo} think about how you can die each day
[09:30] {ese} gm
01[09:30] {Threei}  ese :)
[09:31] {nemo} rht coming in
[09:31] {nemo} S&P rebalancing today
[09:31] {nemo} gonna' be messy a bit
[09:33] {cc_9} ORMP massive ramp
01[09:33] {Threei} Long Setup:  GLD  .30 break
01[09:34] {Threei}  If holds  .24
[09:36] {nemo} RHT cc
01[09:36] {Threei}  1:1
[09:37] {cc_9} Keeping eye on ORMP for possible short on profit taking
[09:38] {cc_9} ORPM nuts
[09:39] {dino} brli sm l .50
[09:40] {cc_9} ORMP small short here, looking for under 12.50 profit taking
[09:40] {cc_9} no single pullback since the open yet
[09:41] {dino} kmx sm l .05, pulp-type
[09:41] {cc_9} ORMP SS so far so good, need a little more downside
[09:42] {cc_9} limit to cover 12.45 from 13.38 short
[09:43] {cc_9} all out ORMP short +$0.89
[09:44] {dino} gj
[09:44] {thomcbell} wow
[09:45] {cc_9} ty
[09:46] {dino} stop brli .20 -.30
[09:47] {cc_9} imo ORMP flushes under $12.00
[09:47] {nemo} 23.6 just above 12
[09:49] {cc_9} ORMP losing steam
01[09:49] {Threei} Short Setup: JPM  .48 break
01[09:49] {Threei}  If holds  .55
[09:50] {dino} ormp smr s .42
[09:50] {RonS} Canada's top court unanimously strikes down country's prostitution laws
[09:50] {nemo} or else they'd have to arrest all the politicians
[09:51] {nemo} I wonder if the knee replacement rate among politicians is higher than the general population?
[09:51] {cc_9} F coming in
01[09:52] {Threei}  1:1
[09:52] {cc_9} ARIA more pop, news just out
[09:52] {cc_9} FDA headline
01[09:54] {Threei}  Ariad Pharmaceuticals Inc Reportedly receives US approval to bring back Iclusig (Ponatinib) to the US market; sales to begin in January on narrower label terms - financial press- Reminder: earlier this month chatter circulated that FDA may lift ban on Iclusig
[09:54] {ese} anybody watching KMX......will be into this with avengence when it looks bullish....news couldn't be better and it's dn 4 bills.....dino classic for you
[09:54] {dino} stop ormp .65 -.23
[09:54] {ese} kmx dino
[09:55] {dino} in it .05
[09:55] {dino} missed by 1 cwent
[09:56] {dino} cent too
[09:56] {ese} :)
[09:56] {cc_9} ORMP can't get a second leg up, down she goes under $12.00
[09:56] {dino} ormp rinsed
[09:56] {ese} possible 5 dollar upside sits well with me
[09:57] {ese} L kmx .01
[09:57] {cc_9} ORMP come on $11s!
[09:59] {dino} cc9 think you're right, but pulp mover, all over the place
[09:59] {cc_9} yes, but upside is done, look @ volume
[09:59] {cc_9} once cracks $12.00 more flushathon
[09:59] {cc_9} i already covered, but still think she goes sub 12
[09:59] {cc_9} ARIA gorilla mode engaged
01[10:01] {Threei} Short Setup: GDX  .50 break
[10:01] {dino} ormp sm s .12
[10:01] {cc_9} ORMP officially under $12.00 niceeeeee
[10:01] {cc_9} BINGO!
[10:02] {cc_9} read like a children's book, hope yall made some bang on that short trade
[10:03] {cc_9} ARIA dump @ open
01[10:04] {Threei}  halt
01[10:04] {Threei}  New edition of Rob Ford bobble heads on sale in Toronto
[10:05] {Will49} stocking stuffers oh boy!
[10:05] {cc_9} ARIA circuit breaker, too many dumpers @ the gate post initial halt, hehe
01[10:06] {Threei}  Ron, you need canadian tv channel... endless source of entertainment
01[10:06] {Threei}  you should see the line of prostitutes coming to microphone now... one is more ugly than another
01[10:08] {Threei} Short Setup: CAT  .40 break
01[10:08] {Threei}  If holds  .50
[10:09] {cc_9} ARIA dumpathon
[10:09] {cc_9} opens for 1 second, halts again LOL
01[10:09] {Threei}  these circuit break halts are beyond idiotic
[10:10] {dino} whats news aria?
01[10:10] {Threei}  [09:54] {Threei} Ariad Pharmaceuticals Inc Reportedly receives US approval to bring back Iclusig (Ponatinib) to the US market; sales to begin in January on narrower label terms - financial press- Reminder: earlier this month chatter circulated that FDA may lift ban on Iclusig
01[10:10] {Threei}  Invalidated  GDX
[10:10] {dino} ty
[10:12] {cc_9} look @ where they are trying to price ARIA pre-halt again lol
[10:14] {cc_9} ARIA opens again
[10:14] {RonS} kmx sm l 48.15
01[10:16] {Threei}  Invalidated  CAT
[10:17] {cc_9} ARIA pegged at 6.50
[10:19] {ese} L kmx avg .55
01[10:19] {Threei} Short Setup: RIG  .20 break
01[10:19] {Threei}  If holds  .30
[10:20] {thomcbell} ormp somewhat stabiliizing here
[10:20] {thomcbell} cat still interests me here vad
[10:21] {cc_9} ARIA roid rage
01[10:21] {Threei}  kond of shapeless, CAT
[10:21] {dino} ron, nice kmx entry
[10:22] {RonS} maybe
[10:22] {dino} yeah, toughy
[10:23] {cc_9} ARIA pulled over for road rage, halted again
01[10:23] {Threei}  lol
[10:24] {ese} lol
[10:24] {RonS} qiwi green
[10:25] {cc_9} "if I had a son, he would look like ARIA"
[10:26] {Will49} egad
[10:26] {cc_9} you made me type that thinking it was a symbol
[10:26] {cc_9} Will = master ruseman 2013
[10:26] {RonS} lol
[10:26] {Will49} pleased to entertain
[10:27] {cc_9} ARIA = chimera
[10:27] {cc_9} mix between ape and goat
[10:27] {dino} cov ompl .82, +.30
[10:28] {ese} l kmx avg
[10:28] {ese} .23
[10:29] {cc_9} GDX goating
[10:29] {cc_9} ARIA slappathon
[10:33] {cc_9} fwiw, BEAT is breaking out on 60mins
[10:34] {nemo} careful around FB going into the S&P 500
[10:36] {dino} kmx sm l .00
[10:36] {ese} 48 the rallying point for kmx i wonder
[10:36] {dino} we shall see
[10:37] {cc_9} nice bids KMX
[10:37] {cc_9} watching ARIA closely if loses $6.50 for another round
[10:38] {ese} 7k at .30 offer.....
[10:38] {cc_9} dino, good job on KMX, what entry did you get ?
[10:38] {ese} gone
[10:38] {cc_9} GDX flying
[10:39] {cc_9} ARIA hit hard
[10:39] {cc_9} 6.50
[10:40] {nemo} this is yesterday's high in the iwm
[10:41] {ese} out kmx .83 +.50 on 800shs
[10:41] {Will49} nice ese
[10:41] {cc_9} out ARIA for $0.13
[10:41] {cc_9} cash cow
[10:41] {ese} tks
[10:41] {cc_9} beautiful plays on KMX guys
[10:42] {dino} have to leave for hour or so
[10:42] {ese} this thing ain't done.......i smell nice swing trade here
[10:43] {ese} gonna wait for it to settle
[10:47] {ese} ron.....you still in kmx
[10:47] {RonS} yes
[10:47] {cc_9} KMX looks really good here
[10:47] {ese} what are ya thinkin....day trade/swing trade?
[10:48] {RonS} day here
[10:48] {cc_9} all depends if can crack 49.00 could get some nice legs from there
[10:48] {ese} :)
[10:49] {RonS} think this negative reaction is due to them moving into financing...see it breaking 200 day at least...meantime all depends is right...
[10:49] {Will49} come on...shake the rig-or-mortice
[10:50] {nemo} looks short here to 47.43
01[10:51] {Threei}  1:1
01[10:51] {Threei}  that was complicated one, will
[10:51] {cc_9} ARIA is a freaking cash cow
[10:51] {cc_9} i just put $6.50 limit buys
[10:51] {cc_9} and $6.60 limit sells
[10:51] {ese} Carmax Inc Reports Q3 $0.47 v $0.48e, R$2.94B v $2.90Be- Reaffirms FY14 capex guidance at $300M, to open superstores (prior capex $300M) - Total used unit sales +10% - Total wholesale unit sales +4% - Used unit sales in comparable stores +10% - Total Gross profit per unit $3,081 v $$3,211 y/y - Used vehicle ASP $19.5K v $19.3K y/y - New vehicle ASP $27.4K v $
[10:51] {cc_9} Helicopter_CC_9
[10:54] {cc_9} ese is a KMX basher
[10:54] {cc_9} everyone, throw things at him
[10:54] {cc_9} he is working for evil MM to bring price down
[10:54] {cc_9} LOCK THE FLOAT COMRADES
01[10:54] {Threei}  to buy on a cheap?
[10:54] {ese} wha da ya mean kmx basher
[10:55] {cc_9} ese, its a joke
[10:55] {cc_9} when u posted the ER, the stock tanked
[10:55] {ese} got that
[10:55] {cc_9} 3I, egzactly
[10:55] {cc_9} oh, so you got it, bust just wanted to ask, cute :)
[10:55] {cc_9} ARIA dumpish
[10:57] {ese} L kmx sm 200 .-06
[10:57] {ese} .06
[10:58] {ese} need the 1min 50ma to start turnin up before cranking big shs into a swing
[10:59] {cc_9} ARIA abused
[11:01] {ese} cranky sharholders though...... misses by .01 eps because they spent too much money on bubble gum for sales force when they stand around doin nothin waitin to make a sale
01[11:03] {Threei}  everyone knows the market schedule for the holidays, or want me to post?
[11:03] {cc_9} post anyways Vad
[11:03] {cc_9} its good info
01[11:03] {Threei}  Christmas: The equities markets close at 1 pm EST with the extended session closing at 5pm EST on Tuesday, December 24th and will reopen on Thursday, December 26th at their normal time
01[11:04] {Threei}  New Year's: The equities markets are closed on Wednesday, January 1, 2014 and will reopen on Thursday, January 2nd at their normal time.
[11:04] {nemo} kmx looks two way here
[11:05] {cc_9} Thanks Vad.
01[11:05] {Threei}  sure thing
[11:09] {ese} tks vad
[11:10] {ese} ya that 50ma kmx needs to head up for sure nemo
[11:11] {nemo} 47.33 200SMA
[11:11] {nemo} although, could go to 48.75
[11:15] {cc_9} ARIA cash cow central
[11:18] {cc_9} KMX round 2
[11:20] {nemo} 48.70 is inflection point
[11:20] {RonS} inflection of what?
[11:20] {nemo} kmx
[11:22] {RonS} hearing aria cc in 10 min
[11:22] {dino} back
[11:23] {RonS} bmo out w/ $8 aria target
[11:23] {nemo} why the drop in kmx
[11:23] {RonS} strange since the thing was prox $16 when fda pulle the rug
01[11:24] {Threei} Short Setup: GLD  .15 break
01[11:24] {Threei}  If holds  .25
[11:24] {RonS} little light earnings, but think really is testing sub-prime lending
[11:26] {cc_9} IWM ramp
[11:27] {dino} kmx banging vwap
[11:28] {RonS} vwap moaning?
[11:28] {Will49} oh oh
01[11:28] {Threei}  rofl
01[11:29] {Threei}  lol:
01[11:29] {Threei}  The Janet Yellen dove tie from Van Eck Global is this season's must-have accessory. http://instagram.com/p/iJmbJAsDOU/
[11:30] {cc_9} ARIA dumping
[11:36] {RonS} ioc below 51 could go dumpage...omg cc language infected me...
[11:37] {nemo} cyanide Ron
[11:37] {cc_9} WOW
[11:37] {cc_9} IOC jesus
[11:37] {cc_9} watching closely now! lol
[11:45] {cc_9} FSLR getting jesus'ed
[11:46] {RonS} lol
[11:47] {nemo} no algo today.....sniff
[11:48] {cc_9} ARIA is handing out Obama phones each 5min candles
[11:48] {cc_9} grab yours while they are still free
[11:48] {nemo} do I have to aks for it?
[11:49] {RonS} kmx wap'ed through the v and banging on inflection
[11:49] {cc_9} ROUND 3 KMX
[11:50] {cc_9} IOC bids
[11:50] {mib_d0lpbb} hi
[11:50] {RonS} (whatever inflection is....)
[11:50] {nemo} look it up
[11:51] {mib_d0lpbb} hi
06[11:51] * nemo racks slide on 1911
06[11:51] * nemo aims it at {mib...}
[11:51] {cc_9} cc_9 exercising right to bear arms
[11:51] {cc_9} yes, bear
[11:52] {cc_9} IOC 52.30
[11:52] {RonS} is inflection you language for point of control?
[11:52] {nemo} decision point
[11:52] {cc_9} IOC gorilla has woken up
[11:52] {nemo} breakout breakdown, I'm not a frickin' soothsayer
[11:53] {nemo} let me get back to shooting the housebreaker, will ya'
[11:53] {nemo} iwm looking short here
01[11:53] {Threei}  mib, see private message
[11:55] {cc_9} KMX any print of 49, all out anthropoid mode engaged
01[11:56] {Threei} Long Setup:  TZA  .05 break
01[11:56] {Threei}  If holds  18
[11:56] {nemo} yeah I'm short iwm
[11:56] {cc_9} IOC me thinks she goes
[11:57] {cc_9} dino, lookit ORMP now ;)
[11:58] {dino} yeah, sold too soon
[11:58] {cc_9} you mean covered, i hope.
[11:59] {nemo} iwm not quite ready yet
[11:59] {cc_9} ARIA waking up from its slumber
[11:59] {dino} kmx .75 area wall
[12:00] {dino} yes, covered, 12.12-11.80
[12:01] {cc_9} IWM six flags ramp since the bell
[12:01] {cc_9} gorilla and gazelle chimera
[12:02] {nemo} riding R3
[12:02] {nemo} spy too if you add back in the div
[12:07] {nemo} feels like bids are gonna get pulled on the indexes
[12:16] {cc_1} test
01[12:17] {Threei}  passed
[12:19] {cc_1} ARIA blowing up
[12:22] {nemo} oh you came back
[12:26] {dino} mco?
[12:27] {nemo} 182 is adjusted R3 on spy daily
[12:27] {nemo} sheesh
[12:30] {RonS} hey cc
[12:37] {cc_1} hey Ron
[12:42] {cc_1} lucky_teddies
[12:48] {cc_1} http://stocktwits.com/CRYSTAL_BALLS
[13:06] {nemo} indicators getting sloppy looking
[13:10] {RonS} ioc pressure
01[13:11] {Threei}  https://www.facebook.com/VadymGraiferPhotography/posts/578586125554240
[13:11] {nemo} hummingbirds are amazingly vicious to one another
[13:13] {nemo} this is too much fun for one person to handle
[13:25] {cc_1} ARIA cash cow off $7.00
[13:25] {cc_1} retrace
[13:29] {nemo} I think I'll go see if I can find something to shoot, before I need stitches in my chin and a new keyboard.
01[13:30] {Threei} Long Setup:  CAT  .85 break
01[13:30] {Threei}  If holds  .80
[13:33] {dino} ocip spike, thin
[13:37] {dino} sm s .88
01[13:40] {Threei}  useless day eh
01[13:40] {Threei}  well, we had 4 strong winning days on the FOMC+holiday week
01[13:41] {Threei}  I guess 5th one was too much to expect
[13:41] {Will49} expectations are the problem, no?
[13:41] {Will49} no expectations=no disappointment
01[13:42] {Threei}  sounds vaguely familiar
01[13:44] {Threei}  I'd still think closer to eod we should get something playable
[13:45] {Will49} like GLD :)
01[13:46] {Threei}  quite possible
01[13:46] {Threei}  most often that's my go to name for the final trade
01[13:47] {Threei}  but I guess you knew that {G}
[13:47] {Will49} yesiree
[13:51] {dino} cov ocip .20, +.66
[13:57] {cc_1} ARIA dumping
[14:06] {dino} hmm, that was +.68
01[14:07] {Threei}  oh
01[14:07] {Threei}  that changes everything... wtg
[14:07] {dino} my math was off, .88-.20
[14:10] {dino} tom petty song going thru my head, "waiting is the hardest part"
[14:12] {dino} talking/typing to myself i guess
01[14:12] {Threei}  no, I am all ears
[14:12] {Will49} no, i'm watching dino :)
[14:12] {Will49} there! the Canadian Connection won't abandon you
[14:13] {Will49} Actually, I'm wrapping your Xmas present dino
[14:14] {dino} ty
[14:14] {dino} i mailed nemo that blow up doll
01[14:15] {Threei}  uh oh
01[14:15] {Threei}  that's why he left early
01[14:15] {Threei}  see what you've done?
[14:15] {dino} lol
01[14:16] {Threei}  oh sure, he will tell us it's hunting he is off for
[14:17] {dino} if i'd known how slow today would be, i would've stayed at the xmas party longer last night
[14:19] {dino} ctct spike
01[14:54] {Threei} Short Setup: GLD  .90 break
01[14:54] {Threei}  If holds  116
[14:54] {dino} orml sm s .60
[15:03] {cc_1} *yawn*
[15:04] {RonS} outta here...have a good weekend everyone
[15:04] {Will49} peace ron
01[15:04] {Threei}  you too ron
[15:05] {dino} u2 ron
[15:11] {cc_1} ARIA tanking
[15:11] {cc_1} should be good for 1 last long ride
[15:12] {Will49} will keep you awake anyway
[15:12] {dino} cov ormp .35, +.25
[15:15] {dino} txt spike
[15:18] {dino} txt sm s .02
01[15:21] {Threei}  Raven, here? look at first two at http://photography.realitytrader.com/2013/12/islands-version-of-winter.html
01[15:24] {Threei}  ok GLD... time for a quick ryg pull
01[15:24] {Threei}  rug too
[15:30] {dino} cov txt .82, +.20
01[15:30] {Threei}  by today's standards, not bad
[15:33] {Raven} Bald Eagle
01[15:33] {Threei}  yup
01[15:33] {Threei}  magnificent sample
[15:33] {Raven} yes ... a great  bird and an amazing comeback story
01[15:35] {Threei}  last summer, sitting in a backyard and reading, looked up and couldn't believe my eyes
[15:35] {cc_1} ok folks
[15:35] {cc_1} have a great weekend
[15:35] {cc_1} enjoy the blowup dolls and such
[15:35] {cc_1} see you all Monday
01[15:35] {Threei}  you too cc
01[15:36] {Threei}  there is a small pole, about 7-8 m from my chair,
01[15:36] {Threei}  bald eagle landed on it
[15:36] {dino} we have them all over my area, come off the delaware river
01[15:36] {Threei}  and say for about a minute, looking at me with this gauging look
01[15:36] {Threei}  "can I drag this one to my nest or too heavy"
01[15:37] {Threei}  and I didn't have my camera at hand...
[15:38] {Raven} sheesh
[15:38] {dino} bmi spike
[15:39] {Raven} that male Anna's Hummingbird should get his butt down south ...
01[15:39] {Threei}  they stopped migrating a few years ago
01[15:40] {Threei}  and population exploded
[15:40] {Raven} really?
01[15:40] {Threei}  yes... huge savings of energy
[15:40] {Raven} that's for sure
01[15:40] {Threei}  we have a few kinds, this one is the only one that now stays for the winter
[15:41] {Raven} that's interesting ... do a lot of folks feed them in winter?
01[15:41] {Threei}  yes, plenty of feeders around
[15:41] {Raven} that may well be a factor
01[15:42] {Threei}  I guess... food is hard to come by for them at this time
[15:42] {Raven} and you have those wussy winters
01[15:42] {Threei}  we are wusses
01[15:43] {Threei}  we no likey snow
[15:43] {Raven} you paid your dues in Winnepeg
01[15:43] {Threei}  I so did...
01[15:43] {Threei}  if I see no single snowflake for the next 20 years, I won't miss it for a second
01[15:43] {Threei}  die GLD
01[15:44] {Threei}  or as will would say, droop
[15:44] {Raven} I'll email you a few bushels
[15:44] {Will49} :)
01[15:44] {Threei}  of snow?? don't bother, I'll fdelete them without looking! :)
[15:44] {Raven} sigh
[15:48] {dino} calling it a week, thx all, gn
[15:49] {Will49} see ya dino
01[15:49] {Threei}  take care dino
[15:49] {dino} thx
01[15:56] {Threei}  time's running out
01[15:58] {Threei}  ok guys, thasnk you, very nice week, especially considering fomc and holidays
01[15:58] {Threei}  have a great weekend, see you monday
[15:58] {Will49} have a good weekend everyone

Thursday, December 19, 2013

Dec 19 2013

Fairly boring but profitable day. It was difficult to find a play for a while as not much was happening but some scalps, 1:2 on FB and 1:3 on GLD short finally made the day.

Session Time: Thu Dec 19 00:00:00 2013
[08:33] {barbo} GM
01[08:36] {@Threei}  morning barbo
[09:09] {dino} gm
01[09:10] {@Threei}  dino :)
[09:12] {RonS} good morning gents
01[09:13] {@Threei}  ron :)
[09:15] {Will49} gm
01[09:15] {@Threei}  will :)
[09:18] {cc_9} Gooood morning good people of Mibbit
01[09:18] {@Threei}  lol
[09:19] {nemo} insomnia is a bitch
01[09:20] {@Threei}  just say thanks you are not a goldbug
01[09:21] {@Threei}  so... let's decide, we are still on btfd thingy or starting to shy away from it
[09:21] {nemo} but it's REAL MONEY!!!
01[09:21] {@Threei}  sound, too
[09:22] {nemo} That's what they tell me on the TV all the time
[09:23] {nemo} what's on ur watchlist knuckles?
[09:24] {Will49} what's in your wallet?
[09:24] {nemo} funny I heard that going through my head as I wrote it
[09:25] {nemo} time to shoot myself if I'm thinking like Will
01[09:25] {@Threei}  you are richer than you think
[09:25] {nemo} I'll use the muzzleloader
01[09:25] {@Threei}  nemo, stop
[09:25] {Will49} you and i are alike in a lot of ways except i'm nicer
01[09:25] {@Threei}  don't do it
01[09:25] {@Threei}  until you put a webcamera and let us watch
[09:26] {nemo} I like the way you think Vad, bunny can run the controls
[09:26] {Will49} and you can spell too
[09:26] {nemo} let's not get ahead of ourselves there Will
[09:27] {Will49} yeah...had too much coffee already
[09:27] {cc_9} FWIW : NUAN is at $15.00 today.
[09:28] {nemo} is that ur watchlist Knuckles?
[09:29] {cc_9}  F - GDX/NUGT - FB - VXX - NUAN - RAD
[09:29] {cc_9} That's my list for today
[09:29] {nemo} going back into the bowels of "F" huh?
[09:29] {cc_9} hehe
[09:29] {nemo} onward into the breach once again
[09:30] {Will49} pretty quiet breach
[09:30] {cc_9} GDX will try long if can get 20.60
01[09:32] {@Threei} Long Setup:  C  .60 break
01[09:32] {@Threei}  uh
01[09:32] {@Threei}  late
[09:33] {robbers} Too bad, good call.
01[09:34] {@Threei}  grrrr
[09:35] {nemo} spy ex-div today, gotta' be holding at the close today to get the .90 div
01[09:36] {@Threei} Short Setup: SLW  .60 break
01[09:36] {@Threei}  If holds  .65
[09:36] {nemo} but it's real money Vad
01[09:36] {@Threei}  sound, too
[09:36] {nemo} yeah, sounds like.........death
[09:38] {dino} das, lost connection/cannot connect
[09:38] {dino} ok back
[09:38] {nemo} yeah, contacting help desk now dino
[09:38] {nemo} probably Knuckles and his evil sense of humor
01[09:39] {@Threei}  you might be pleased to know that Pussy Riot members to be freed despite 'disgraceful behavior' that degrades image of women, Putin says
[09:39] {nemo} Putin just putting a little scare in them
01[09:39] {@Threei}  little? 2 years in jail
[09:39] {nemo} told them next time they go to male Gulag and get introduced to the shovel technique
01[09:40] {@Threei}  22% Think Federal Government Needs More Tax Money
01[09:40] {@Threei}  hah... stranely low
01[09:40] {@Threei}  strangely
[09:40] {nemo} they've collected record levels the last couple of quarters
[09:41] {Will49} the robin hood approach
[09:41] {nemo} then there's DiBlasion in NYC
[09:42] {dino} ibn sm l .48
01[09:42] {@Threei} Short Setup: FB  .75 break
01[09:42] {@Threei}  If holds  .85
[09:42] {cc_9} VXX death
[09:42] {cc_9} F catching some bids
01[09:42] {@Threei}  Invalidated
[09:44] {dino} iaci?
[09:44] {cc_9} RCL all over the map
01[09:44] {@Threei}  no news dino
[09:47] {Will49} sleepy head!
[09:47] {ese} am loosin it.......thought that I had signed in....anyway good morning
[09:48] {nemo} it's all those drugs you didn't do as a youth
[09:48] {cc_9} FB major pop
[09:48] {ese} your never too late to start
[09:48] {nemo} fb pivot .06
[09:48] {nemo} well, at your age, start with Viagra
[09:48] {ese} eyeing payx
[09:48] {ese} ccl
01[09:48] {@Threei}  ese :)
[09:48] {nemo} gild on a mission today
[09:49] {ese} and len
[09:49] {ese} lol
[09:49] {nemo} actually, up there I guess you have "Siagra"
[09:49] {ese} huh?
[09:49] {Will49} niagra
[09:49] {cc_9} ANF pop on possible M&A
[09:49] {ese} what the F is that
[09:49] {nemo} Google ese
[09:50] {cc_9} Lets focus on trades guys.
[09:50] {nemo} looking CC
[09:50] {nemo} FB retrace
01[09:51] {@Threei}  crap
01[09:51] {@Threei}  needed one more bounce to short
01[09:51] {@Threei}  even had alert prepared
[09:52] {ese} L payx .51
[09:52] {ese} looking as well cc
[09:53] {cc_9} GDX dogathon
[09:53] {cc_9} sideways, nada
[09:53] {cc_9} still looking for 20.60
[09:53] {cc_9} but maybe gold bugs are all on suicide watch
[09:53] {nemo} rig coming into serious level on daily
01[09:55] {@Threei}  in this particular case suicide watch means handing them soap to that rope
01[09:55] {@Threei}  ok FB
[09:55] {cc_9} RIG nice, i love a crash early
01[09:55] {@Threei}  a little more
[09:56] {cc_9} holding off on RIG till gets another slappathon
[09:56] {nemo} wow, 5 bil pomo today and tomorrow 3.5 bill...Bennie going out with a bang
01[09:57] {@Threei}  and the bang is... Yellen??
[09:57] {cc_9} DRI getting lobstered
01[09:57] {@Threei}  sheesh FB
[09:57] {nemo} I'll leave that one alone Vad
01[09:58] {@Threei}  again, drops with no setup
[09:58] {nemo} offers thickening on RIG
01[09:58] {@Threei}  can't blame you, nemo
01[09:59] {@Threei}  *(US) NOV EXISTING HOME SALES: 4.9M V 5.02ME
[09:59] {nemo} oops
01[09:59] {@Threei}  *(US) DEC PHILADELPHIA FED BUSINESS OUTLOOK: 7.0 V 10.0E
[09:59] {nemo} oops
01[10:00] {@Threei}  FB, this was not very nice of you
[10:00] {cc_9} F tankish once again
[10:00] {Will49} twofacebook
[10:01] {cc_9} home sales = bad news
[10:01] {nemo} they'll blame it on the weather
[10:02] {cc_9} GDX some bids
[10:02] {cc_9} off lows, but no run yet
[10:02] {nemo} vix popping
[10:02] {cc_9} F deathish
01[10:02] {@Threei}  what a fruitless morning so far
[10:04] {Will49} who wants to take that one?
01[10:05] {@Threei}  it's all you will
[10:05] {nemo} Knuckles, what about your old faithful SIRI trade?
[10:05] {Will49} ooohhh....everybody sticking to trades
[10:05] {cc_9} SIRI = buy 50k shares, set limit to sell for $0.02
[10:05] {cc_9} take a nap
[10:05] {cc_9} wake up
[10:05] {cc_9} ???
01[10:05] {@Threei} Long Setup:  FB  .60 break
[10:05] {cc_9} profit
01[10:06] {@Threei}  If holds  .50
[10:06] {nemo} SIRI on NASactive today
01[10:06] {@Threei}  1:1
01[10:06] {@Threei}  that was easy
01[10:06] {@Threei}  double bottom, clear as day
[10:06] {ese} dam....and to think I had my finger on DOW this morning and looked away
[10:07] {Will49} missed it too
01[10:07] {@Threei}  1:2
[10:07] {nemo} UA 52 week high
01[10:07] {@Threei}  why? .61 - .62 was there for taking
[10:07] {Will49} maybe for you
[10:07] {ese} come on payx........you slithering no good fer nutting....crawling lower than a snakes beely in a wagon rut piece a C ya.....get up there
[10:07] {Will49} when i looked it was up 7 cents
[10:08] {nemo} STX setting up short
[10:08] {cc_9} all i want is a trade long in GDX today
[10:08] {cc_9} that is all i ask for, Santa.
[10:09] {nemo} after the way you've behaved this year, huh?
[10:09] {cc_9} ive brought so many nice jokes
[10:09] {cc_9} that should be worth something
[10:10] {nemo} jokes don't count, because for those you make laugh you hurt your targets with your cutting words....sniff sniff
[10:10] {nemo} Zero sum kinda' thing
[10:11] {nemo} mmmhhhh....must be a heavy "flow" day
[10:11] {dino} iaci sm s .48
[10:11] {nemo} X breakout on 5 minute
[10:11] {nemo} but already at R3
[10:11] {cc_9} RIG still no bottom for the day
[10:12] {nemo} 46.70 S3
[10:12] {Will49} gdx
[10:12] {cc_9} SPY getting spanked with a hot cast iron skillet
[10:12] {Will49} as you were...just try to bring up chart
[10:13] {Will49} third coffee
[10:13] {nemo} RIG starting to chew some offers
[10:13] {RonS} cc, that hakihika dude went long rig at .97
[10:13] {nemo} ?
[10:13] {ese} everyone see the news item on Mark Slitherberg yesterday.....FB possibly being sued for the mismanagement of the IPO.....
[10:13] {cc_9} Ron, lol, I saw. Some 4250 or so shares
[10:14] {cc_9} funny that we both saw that
[10:14] {ese} couldn't happen to a nicer looser
[10:14] {RonS} loser...please
[10:14] {cc_9} Mark RuseStein also selling common
[10:14] {nemo} frickin' musicians
[10:14] {ese} lol
[10:15] {ese} don't know how people can invest in a company run by an idiot
[10:15] {nemo} you have students, yes?
01[10:15] {@Threei}  take a look, ese:
[10:15] {RonS} lol
01[10:15] {@Threei}  FB To offer 70M shares (3% of shares outstanding) including 41.35M for Chairman Zuckerberg; shares to be offered through JPMorgan - filing
[10:15] {ese} and by someone who screwed his friend to get there
01[10:15] {@Threei}  is this is a "loser", you are redefining the word
[10:16] {nemo} strong and weak at the moment:http://imageshack.com/a/img19/889/5qiq.jpg
[10:17] {cc_9} SPY double bottom from pre-Market
[10:17] {cc_9} 180.75iSH
[10:17] {ese} what is that nemo?
[10:17] {cc_9} HAL3000
[10:18] {cc_9} Its an "algo" that nemo "made" using rabbit skin and Haitian magic
[10:18] {nemo} bid/offer persistence algo
[10:18] {nemo} left are bid supported, right are offer heavy
[10:19] {ese} ahhhh....thats great
[10:19] {dino} cov iaci .60 -.12
[10:19] {dino} out ibn flat
[10:19] {cc_9} GDX long here
[10:19] {cc_9} stop loss 20.35, target : the moon
[10:20] {nemo} OK Alice
[10:21] {nemo} LVS vad
[10:21] {nemo} shit rig popped
[10:22] {cc_9} it went up like $0.13, take it easy with the word popped
[10:22] {cc_9} its still under 47
[10:22] {nemo} ok...pulse returned
[10:23] {cc_9} GDX, i feel lonely being long by myself, anyone wishes to join ?
[10:23] {cc_9} the promised land is 20.70+
[10:24] {nemo} time for a "hallelujah"
[10:25] {nemo} btw...the movie "The Watchmen" is great
[10:25] {cc_9} That move has been out before FB went IPO
[10:25] {cc_9} i.e : a long time ago
[10:25] {cc_9} movie*
[10:25] {nemo} yes...but it was great
[10:26] {nemo} happened to think of it when I wrote hallelujah
[10:26] {cc_9} Yes, Dr. Manhattan needs underwear though
[10:26] {cc_9} cant be flying to other planets bucknekked
[10:26] {nemo} doesn't seem to bother him...well when you're quantum nothingness
[10:26] {Will49} Cohen wrote hallelujah
[10:27] {nemo} he wrote several of the songs in that movie
[10:27] {cc_9} http://www.youtube.com/watch?v=HHgxOXEQaFU
[10:27] {cc_9} This is one of his songs too
[10:27] {ese} L RIG .96
[10:28] {nemo} oh the pain, oh the power, (something) people
[10:28] {nemo} don't know what "mishigene"  means other than it's a conjectural expletive
[10:29] {Will49} sounds like a veneral disease
[10:29] {nemo} green side filling out
[10:29] {cc_9} F still dying
01[10:29] {@Threei} Long Setup:  CAT  .60 break
[10:29] {cc_9} GDX sideways
01[10:29] {@Threei}  If holds  .50
[10:29] {cc_9} gonna treat RAD like I treat SIRI today
01[10:33] {@Threei}  there is something applicable to trading today in this image: https://www.facebook.com/photo.php?fbid=669514636405089&set=a.141401872549704.19305.128631877160037&type=1&theater
[10:33] {cc_9} F big volume here
[10:34] {Will49} LOL
[10:34] {dino} f#ckin' rinses!!!!!!!!!!!!!!
[10:35] {ese} have a lool at rig dino
[10:35] {ese} look
[10:36] {cc_9} Breaking News : Church spokesman says Pa. Methodist pastor who officiated son's gay wedding has been defreocked
[10:36] {cc_9} defrocked
01[10:36] {@Threei}  must be painful
[10:36] {nemo} I'm afraid to ask what his tip was for performing the ceremony
[10:36] {RonS} oh no...
[10:37] {dino} was that pastor ben dover?
[10:37] {ese} another forgiving religion
[10:37] {nemo} now what are you thinking Ron?
[10:37] {RonS} just like liberalism...
[10:38] {ese} nemo nemo nemo....tsk tsk tsk
[10:38] {nemo} what?
01[10:39] {@Threei}  no go CAT
[10:39] {cc_9} RIG doing the sitting monkey face
[10:40] {nemo} algo update:  http://imageshack.com/a/img199/6830/pmzx.jpg
[10:41] {ese} thats a cool algo
[10:41] {RonS} where do you get that nemo?
[10:42] {ese} what the heck is the sitting monkey face
[10:42] {nemo} friend of mine's at Kirshner trading...perhaps friend would offend him actually
[10:42] {RonS} go to the image 3i posted ese...
[10:42] {ese} ya saw that
02[10:45] * Disconnected
Session Close: Thu Dec 19 10:45:21 2013

Session Start: Thu Dec 19 10:45:21 2013
Session Ident: #discussions
02[10:45] * Attempting to rejoin channel #discussions
03[10:45] * Rejoined channel #discussions
[10:47] {nemo} bids moving up in rig
[10:47] {ese} rig lookin real good here
[10:48] {ese} and your algo tells you that?
[10:49] {cc_9} lol
[10:49] {cc_9} you'd have more luck getting the read from his rabbit
[10:49] {nemo} no, the chart does, but it shut off on the weak side of the algo also
[10:49] {ese} hmmmm
[10:49] {ese} are you having success with it nemo
[10:50] {nemo} it lets you know the conditions of the market and what groups are strong or weak, sometimes you can find individual setups
[10:50] {cc_9} nemo, if you want to share a beta version sometime to take a look, we might find a market for it (if its proprietary built of course)
[10:50] {nemo} yeah, not mine to share
[10:51] {cc_9} fair enough
[10:51] {cc_9} Michael Steinberg convicted of conspiracy, securities fraud.
[10:51] {ese} if rig can get by .00 i can see a dino +.40 here
[10:52] {ese} lots of resistance at 47, hopefully bigger players filling there boots
[10:52] {ese} and then off she goes
[10:52] {cc_9} Michael Steinberg fainted in court when judge found him guilty (this is true, not a ruse)
[10:53] {ese} hmmmmm stay out of the heat then
[10:53] {cc_9} he is probably gonna do a few months at a club med facility
[10:53] {ese} ya
[10:53] {cc_9} i mean Club Fed
[10:54] {ese} there was a story in time about one of those facilities.....you can come and go.....on site clubhouse with booze etc etc
[10:55] {cc_9} yes, pool tables, roasted chicken, dentists etc...
[10:55] {cc_9} i hate when they say "he is going to jail"
[10:55] {cc_9} he is not going to jail, he is going to 2 star hotel
[10:55] {ese} yup....detaining fence was 2 feet high white picket fence
[10:56] {cc_9} RIG first bid above 47
[10:56] {ese} dino +.10 so far
[10:56] {ese} rig
[10:57] {cc_9} remind me, why is the market open today ?
[10:58] {ese} it's my new nickname for this move " the dino +.40"
[10:58] {cc_9} but you have to add other things ese
[10:58] {ese} ?
[10:58] {cc_9} dino dt sl +0.41
[10:58] {ese} always looking for improvement
[10:59] {cc_9} more acronyms, more cowbell
[10:59] {cc_9} also, RIG 47.10
[10:59] {ese} ya definitely
[10:59] {ese} stop to break even .96
[10:59] {ese} rig
[10:59] {cc_9} im up $65 today, i wish i never woke up
[11:00] {ese} beats the hell out a kick in the pants
[11:00] {ese} you know how many beers that is
[11:00] {ese} sheesh
[11:01] {ese} and the lady of your choice in Thailand
[11:01] {ese} opps....outta line there
[11:02] {ese} appologies
[11:02] {cc_9} never apologize ese, if people get offended, then its something they need to work on
[11:02] {cc_9} go on with the prostitute joke, i was actually getting into it
[11:02] {RonS} oof
[11:02] {ese} lol
[11:03] {Will49} Caunucks most apologetic people in the world
[11:03] {Will49} so what do we need to work at?
[11:04] {Will49} work on
[11:04] {ese} almost the "dino dt sl +.20'
[11:05] {cc_9} GDX getting defrocked
01[11:05] {Threei}  you know what constitutes black friday shopping frenzy in Canada?
[11:05] {ese} ?
01[11:05] {Threei}  1000 shoppers trying to hold the door for each other
[11:05] {RonS} the only black guy in town show up at the store?
[11:06] {ese} ouch
[11:06] {Will49} yikes
[11:06] {cc_9} lol ron
[11:06] {Will49} sorry about that ron
[11:06] {ese} vads gonna have alot of website cleanup today before posting
[11:07] {Will49} I am the apologetic Canadian stereotype. Sorry guys
01[11:07] {Threei}  the only country where you step on someone's foot and he aplogizes
[11:07] {ese} perfect ½ way to the 'dino dt sl +.40'
[11:08] {ese} lol
[11:08] {Will49} http://theendangeredbookeater.files.wordpress.com/2013/04/tumblr_lsarmotdlw1qaqn8to1_500.jpg
[11:11] {ese} ouch
[11:11] {dino} lol
[11:11] {ese} well.......i 'll have you know.....I represent that remark
[11:12] {Will49} see item #1
[11:12] {Will49} http://ca.news.yahoo.com/blogs/dailybrew/ten-things-canada-does-better-anyone-according-patronizing-182223467.html
[11:13] {RonS} oh canada out the window...  http://www.youtube.com/watch?v=BGLR25EJtfE
[11:14] {ese} I can personally attest to the chocolate bar fact......have put alot of research into that
[11:14] {Will49} oh yeah ron :)
[11:15] {RonS} would have to through a few eh's in the lyrics though...
[11:15] {Will49} right on hoser
[11:16] {RonS} maybe when she goes oh oh oh...change to eh eh eh...
[11:16] {ese} shaaaaadap!   boat ah ya eh!
[11:16] {cc_9} watching CCL here
[11:16] {Will49} hey...don't gimme the gears eh?
[11:17] {Will49} sorry cc...we need to stick to trades
[11:18] {ese} yer buyin da next round will robinson eh!
[11:18] {Will49} hahaha
[11:19] {Will49} Maui till Feb ese
[11:19] {ese} I feel bad about that for ya.......it's too bad that has to happen to you
[11:19] {Will49} somebody has to do it
[11:20] {ese} ya.....tough thing to take on
[11:20] {Will49} have to get up at 4:30 am to trade though
[11:20] {RonS} while these shmucks frolib on a $40 mi hawaiian vacation they feed us this bs:  Kinda like reading Dickens eh? 'Make It a Christmas Treat' to Talk About Health Insurance | CNS News http://shar.es/Ow5Ah
[11:21] {Will49} LOL
[11:21] {RonS} frolick
[11:22] {Will49} actually sad
01[11:24] {Threei} Short Setup: C  .70 break
[11:26] {cc_9} gonna try a SIRI trade for 2 cents
01[11:26] {Threei}  If holds  .80
[11:26] {ese} I gotta go....anyone want to take my senior precalculus exam this morning........thought not....cya tomorrow
[11:26] {Will49} peace buddy
[11:26] {RonS} ...go whole hog and go for a nickel
[11:27] {ese} will do
[11:27] {cc_9} take care ese
[11:28] {cc_9} come back ese, so u can read that i said bye
[11:28] {cc_9} :(
[11:28] {cc_9} out
[11:28] {cc_9} SIRI for $0.02
[11:28] {cc_9} RIG is dino'ing
[11:29] {RonS} used to work w/ Jim Meyer, the siri ceo...he is wicked smart and an excellent businessman
01[11:31] {Threei}  not a loOser, I assume? {G}
[11:32] {RonS} ...think he is from Boston too
[11:32] {nemo} meso dactyl
01[11:32] {Threei}  Invalidated
[11:33] {cc_9} Carson Daily on Bloomberg TV
[11:34] {RonS} iaci the ape...
[11:35] {cc_9} WOW
[11:36] {cc_9} tempted to short
[11:42] {cc_9} took a nibble, out IACI ss for $0.47
[11:42] {cc_9} thank you Ron
[11:43] {RonS} gj yw
[11:43] {cc_9} GDX at last!
[11:44] {RonS} lea granted by f
[11:45] {nemo} vxx looking short
[11:45] {nemo} although likely to stay in this range
[11:49] {RonS} wac 'd
01[11:50] {Threei} Long Setup:  FB  .05 break hl
01[11:50] {Threei}  If holds  .95
01[11:50] {Threei}  1:1
[11:52] {cc_9} Ok
[11:52] {cc_9} those who were always curious about the SIRI trade
[11:52] {cc_9} go look @ SIRI now
[11:52] {cc_9} I basically bot 50k shares @ 3.40 and sold @ limit 3.42
[11:52] {cc_9} its not much of a move, but its a very good trade you can do when bored
[11:52] {cc_9} use free routes to get in market and use routes that pay credits for limit exit
[11:52] {cc_9} you pick up the P&L and the credit
01[11:53] {Threei}  aka rebates
[11:53] {cc_9} i should loaded 100k
[11:53] {cc_9} but that is ok
01[11:54] {Threei}  1:2
[11:57] {dino} iaci sm s .65
[12:03] {Will49} out tks Vad
[12:03] {cc_9} VXX bids
01[12:07] {Threei}  :)
[12:09] {nemo} tsla looks short here
[12:09] {nemo} oh shit....lunch time
01[12:13] {Threei} Short Setup: FB  54 break
01[12:13] {Threei}  If holds  .10
01[12:13] {Threei}  Invalidated
01[12:13] {Threei}  for now
[12:17] {cc_9} ALIM fading
01[12:28] {Threei}  49% Rate #Obama Poorly on #Deficit Reduction
01[12:28] {Threei}  lol
[12:36] {cc_9} #nap
01[12:36] {Threei}  hesitated to call GLD .40 short...
01[12:36] {Threei}  ^^&()$#&
01[12:38] {Threei}  let me reiterate:
01[12:38] {Threei}  ^^&()$#&
[12:44] {cc_9} DICK moving up
[12:44] {cc_9} DECK*
[12:44] {cc_9} Statements out of Sterne Agee
[12:44] {nemo} cute
[12:44] {Will49} fruedian slip :)
[12:44] {nemo} personal assessment?
[12:44] {cc_9} it got you guys talking
[12:45] {cc_9} so whos cute now
[12:45] {RonS} Sterne stiffie?
[12:45] {cc_9} LOL
[12:45] {nemo} oh shit
[12:45] {Will49} hahaha
[12:45] {nemo} actually Stern means stars
[12:45] {nemo} sterne
[12:46] {cc_9} ALIM about to lose $4.00 and get truckdumped
[12:54] {cc_9} $0.40 on that DECK move
[12:54] {cc_9} heh
[12:54] {cc_9} eh
[12:54] {cc_9} blah
[12:55] {cc_9} too bad, I did not grab my DECK on that news
[12:55] {Will49} hey!
[12:55] {cc_9} (the bait is working)
[12:55] {Will49} always with me
[12:56] {Will49} can't resist responding
[12:56] {Will49} i respond..therefore i am
[12:56] {cc_9} Keep GILD on watch, should be good pop when done fading
[12:58] {cc_9} F coming in
[13:04] {cc_9} tomorrow is gona be twice as fun as today
[13:16] {cc_9} someone, for the love of god, ring the bell
[13:17] {cc_9} i cant do this any longer
[13:17] {cc_9} my ass is growing crodokil skin
[13:17] {cc_9} too much sitting down
[13:19] {nemo} spy going for new all time highs?
01[13:23] {Threei}  I really really need to short something
[13:36] {nemo} I wouldn't looks like they're going to drive the finnies and spy higher
01[13:36] {Threei}  that's why I don't
01[13:37] {Threei}  but I really want to
01[13:37] {Threei}  all this sweet nice long market make me puke
[13:37] {nemo} PUT THE KEYBOARD DOWN!!!!
01[13:37] {Threei}  makes
[13:37] {nemo} tomorrow after spy ex div
[13:39] {nemo} artificial upward pressure today
01[13:41] {Threei} Short Setup: FB  .50 break hl
01[13:41] {Threei}  If holds  .60
[13:46] {cc_9} GDX its GOat time
01[13:53] {Threei}  rob ford strikes again, woth gift giving advice
01[13:54] {Threei}  "Just money. Women love money"
[13:54] {Will49} God help us!
[13:54] {dino} lol, that guy is something else
[13:56] {dino} so get this on that foreclosure.....to bid it i had to submit 48 pages of govt paperwork. now that i won it, they want additional 11 pages.
[13:57] {dino} couple months ago bought one from local bank, i bid it on a one page fax.
[13:57] {dino} and they tell me its getting worse in beginning 1/1/14, volker rules/dodd/frank.
[13:57] {Will49} gotta keep the gov workers busy
[13:57] {Will49} or excuses to hire more
[13:58] {dino} supposedly the paperwork will double
[13:59] {Will49} guess that would be keeping bank employees busy, eh?
[13:59] {dino} going to drastically increase closing costs
[14:00] {Will49} that'll help make home buying easier...not
[14:08] {cc_9} F totally buttdevastated
[14:08] {cc_9} she wants lower in the coming days
[14:09] {dino} they should sell fmn, fre to private sector and let them guarantee loans, decide deposits, etc
[14:12] {cc_9} Im gonna bid 3.40 on SIRI in the hopes i get another round
[14:14] {cc_9} TWTR the goat
[14:32] {RonS} ostk squeezing on bitcoin acceptance announcement
01[14:34] {Threei}  all kinds of wierd stuff happen
01[14:34] {Threei}  weird too
01[14:59] {Threei}  Pershing Square denies firing analyst who told Bill Ackman to short Herbalife
[14:59] {RonS} agn rip
01[14:59] {Threei}  really... he would rather suffocate him at office Christmas party
[15:02] {nemo} hey dino, notice how infrequently gap fills now
01[15:04] {Threei} Short Setup: GLD  .30 break
01[15:04] {Threei}  If holds  .40
[15:08] {nemo} fb bounce area
[15:10] {RonS} heard of goldfinger and a steel-tipped member but not a goldmember...
[15:10] {Will49} hahaha
01[15:11] {Threei}  lol
[15:11] {nemo} nah, that was kinda' poor, Goldmember was in a Mike Meyers movie
01[15:11] {Threei}  die GLD
01[15:11] {Threei}  1:1
[15:11] {Will49} droop goldmember
[15:11] {RonS} lol
01[15:12] {Threei}  lol
06[15:13] * Threei shooes away an accidenatl zoo visitor who tries to feed vuagra to GLD
[15:13] {Will49} lol
01[15:13] {Threei}  1:2
01[15:15] {Threei}  1:3
[15:19] {cc_9} CCL bol spike
[15:19] {cc_9} vol
[15:19] {cc_9} *
[15:19] {cc_9} loading up SIRI here for another penny scalp
[15:19] {nemo} ahhh
01[15:20] {Threei}  who got GLD?
[15:20] {Will49} me :)
01[15:20] {Threei}  :)
[15:21] {Will49} out on a trail but nice call Vad
[15:33] {cc_9} ok guys
[15:33] {cc_9} take care
[15:33] {cc_9} seeyou all tomorrow
[15:34] {Will49} going also...cya guys
[15:36] {RonS} ditto here...
01[15:37] {Threei}  ok... no one wants a trade on last 20 minutes I see
01[15:37] {Threei}  (not that I have one)
01[15:37] {Threei}  thank you all, have a great evening. See you tomorrow
[15:37] {nemo} thanks for the fish

Wednesday, December 18, 2013

Dec 18 2013

How about that for an after-FOMC play? On top of a few nice trades before that, makes for a verrry nice day.



Session Start: Wed Dec 18 00:00:00 2013
[09:03] {dino} gm
[09:05] {RonS} gm y'all
01[09:06] {@Threei}  dino, ron :)
[09:09] {cc_9} gm
01[09:09] {@Threei}  cc9 :)
[09:10] {cc_9} F getting slapped hard on lower guidance for full year 2014
[09:10] {Will49} gm
01[09:10] {@Threei}  will :)
[09:13] {cc_9} F should give a few opportunities today, getting hammered under $16, already pushing near 6M shares
01[09:15] {@Threei}  GM might be a companion play
01[09:15] {@Threei}  more volatility
[09:16] {barbo} GM
01[09:17] {@Threei}  Morning barbo... you haven't gotten our e-mail about reserver room yesterday?
01[09:17] {@Threei}  missed good day...
[09:19] {cc_9} Going to trade F mostly today, high vol, high liquidity, cheap and ...well, its FORD
[09:20] {RonS} 3D Systems to Acquire a Portion of Xerox's Oregon Based Solid Ink Engineering and Development Teams
[09:22] {cc_9} F coming in here, almost back to $16
[09:23] {cc_9} long F here $16.00
[09:23] {cc_9} target 16.10
[09:24] {RonS} myron in the house...
[09:24] {nemo} bummmer...wanted to be Montesquieu today
[09:25] {RonS} me too but couldn't spell it...
[09:25] {nemo} Pssssst....Ron
01[09:25] {@Threei}  lol
[09:25] {nemo} you ever hear of "Google"?
[09:25] {nemo} We should weep for men at their birth, not at their death. ~ Montesquieu
01[09:26] {@Threei}  really... think I knew how to spell Maupassant till yesterday?
[09:26] {nemo} thought
[09:27] {cc_9} F looking ripe for a bounce @ open
[09:27] {nemo} so iwm sitting right where it closed
[09:27] {cc_9} lining up my sells over 16.10 in case get fast spike @ bell
[09:28] {thomcbell} rising 200 sma at 15.66
[09:28] {thomcbell} on F
[09:30] {cc_9} adding F on this open drop
[09:31] {thomcbell} mu got nailed at the open
01[09:31] {@Threei} Long Setup:  GM  .10 break hl
01[09:31] {@Threei}  If holds  41
[09:31] {cc_9} GILD huge gap on news, buying the dips
[09:33] {thomcbell} nice little bounce off the 200 on F
01[09:33] {@Threei}  chnage to .05 break
[09:33] {cc_9} F = beautiful!
01[09:33] {@Threei}  If holds  .95
01[09:34] {@Threei}  1:1
[09:36] {cc_9} RMTI going again
[09:37] {cc_9} long GILD here
01[09:37] {@Threei} Short Setup: GDX  .30 break
[09:37] {cc_9} F buying back at this level for another round
01[09:37] {@Threei}  If holds  .35
[09:38] {thomcbell} gild might be trying to setup long here
[09:38] {thomcbell} too wide
[09:39] {cc_9} GILD so far so good, aiming for 71.50+ tgt
[09:39] {thomcbell} darn
[09:39] {cc_9} out GILD for $0.51
[09:40] {dino} gj
[09:40] {cc_9} RMTI should be good till 11.50
[09:40] {thomcbell} nice gild
[09:40] {cc_9} F giving me trouble here, needs 15.90 again
[09:41] {cc_9} F come on...lets see $16.00 again
[09:41] {thomcbell} F long setup 15.90 break if hlding 15.80 Vad
[09:42] {cc_9} GILD lovely bounce (already out)
01[09:42] {@Threei}  me likey
01[09:42] {@Threei}  actually, even .86 break qualifies
01[09:43] {@Threei}  if holds .75
[09:43] {cc_9} im already in and still looking for 16
[09:43] {cc_9} would kill for 16.10 target
[09:44] {cc_9} GILD boom, she went
[09:44] {cc_9} F having trouble :(
01[09:45] {@Threei}  GDX, stop to .32
[09:45] {cc_9} ugh F, don't fail me now...
[09:45] {thomcbell} mu short setup 22.11 break
[09:46] {cc_9} i dont want to sit through a slappathon
[09:47] {thomcbell} target on mu is 21.80
[09:47] {thomcbell} 1:1
[09:49] {cc_9} come on F, catch some bids back to .90s
[09:50] {thomcbell} mu put stop at 22.02 if anyone did it
[09:51] {cc_9} F 40M+ shares served already
[09:51] {cc_9} RMTI new highs
01[09:51] {@Threei}  1:1
01[09:51] {@Threei}  nice smackdown
[09:52] {cc_9} F needs .85 bid for a reversal
01[09:52] {@Threei}  don't you love being short when they pull a rug like this
[09:52] {thomcbell} mu 1:2
[09:52] {nemo} fB ADBE TWTR weak today
[09:52] {Will49} mm good
[09:53] {thomcbell} MU1:3
[09:53] {cc_9} F must give a fast and furious reversal to get buyers back, at this level, sideways and weak bid is all im seeing
[09:53] {thomcbell} take it if you got it
01[09:53] {@Threei}  nice one tbell
[09:53] {cc_9} Don't forget guys, today is FOMC
[09:53] {cc_9} 2:00PM ET
[09:53] {thomcbell} couldnt get my stop order figured out in time but hope someone else got it
[09:55] {cc_9} ok F make or break here
[09:55] {cc_9} bids coming back in mid .80s
[09:55] {cc_9} im long 15k shares, will dump all @ or above $16.00
[09:55] {thomcbell} cc looking for bounce off pivot on gild
[09:56] {cc_9} could be tbell, already cashed out GILD, only focused on F for now, have big position in
[09:56] {thomcbell} oh brother mu
[09:57] {nemo} I think fb drips today
[09:57] {cc_9} FB negative comments earlier in the day
[09:57] {nemo} oh
[09:57] {cc_9} here we go again, with the "taper talks"
[09:58] {cc_9} F sob...no dice, back to .80
[09:58] {thomcbell} mu
[10:00] {cc_9} wowza MU
[10:01] {cc_9} long MU here 21.00
[10:02] {dino} aapl wall .45
[10:02] {cc_9} MU bounce target 21.37
[10:03] {dino} giddy-up
[10:05] {cc_9} MU trying to hold LOD on this second drop, break of 21.25 should be good for full reversal
[10:06] {cc_9} F no love...sideways at the .80 range
[10:06] {nemo} mu earnings news?
[10:07] {thomcbell} new competitor
[10:07] {thomcbell} the rise in mu was primarily on hynix leaving the market
[10:07] {thomcbell} now someone entering
[10:07] {dino} enta going for gap fill
[10:08] {cc_9} MY, needs .20 again for pop
[10:08] {cc_9} MU*
[10:08] {cc_9} BofA defending F
[10:09] {cc_9} MU giddy up
[10:09] {cc_9} first limit to sell 21.25 next 21.35
[10:10] {cc_9} out first portion MU
[10:10] {cc_9} so far so good
[10:11] {cc_9} MU defended @ Raymond James
[10:11] {cc_9} GILD target raised to $100 from $85 @ JPM
[10:11] {cc_9} GILD catching bids on that headline
01[10:12] {@Threei}  looking for FB pullback for long entry
[10:12] {ese} morning ....slept in
[10:12] {cc_9} all out MU second partial $0.35
[10:12] {cc_9} flat MU
01[10:12] {@Threei}  ese :)
[10:12] {RonS} sm l esv .80
[10:12] {thomcbell} CC - well done
[10:13] {ese} mhr
01[10:13] {@Threei}  feels like under .10 would be just right, FB
01[10:13] {@Threei}  quick scare and ramping back up
[10:13] {cc_9} thanks bell
[10:13] {cc_9} i just want off the F ride, stock not working out as of yet, sideways only
[10:15] {cc_9} 0:03 cc_9 MU bounce target 21.37
[10:15] {cc_9} look @ the top of the candle.
[10:15] {dino} dodge would be a better symbol read, as in just stay away(dodge it)
[10:15] {nemo} it was .40 cc, you suck
[10:15] {nemo} why'd you think .37?
[10:16] {cc_9} nemo, nope, its .37 look again
[10:16] {cc_9} bc Knower_Of_All_9
[10:16] {nemo} my candle says .40 sorry
[10:16] {nemo} hehehehehehehe
[10:16] {cc_9} your candle is wrong then.
[10:16] {nemo} fine
[10:16] {cc_9} zoom in on 1 min
[10:16] {cc_9} its .37
[10:16] {nemo} must be a democrat liberal
[10:16] {nemo} I am
[10:16] {thomcbell} F looks like it needs to flush
[10:17] {nemo} this isn't the first time there have been variances between the same charts
[10:17] {nemo} my 1 min candle has a high of .40
[10:17] {cc_9} dont say that bell :(
[10:17] {cc_9} i need F to get back to 16
[10:17] {cc_9} but yes, the chart does look fluhy
[10:18] {cc_9} F tanking now :(
01[10:19] {@Threei}  quick scare occurred but bottomed out just a wee bit higher than I wanted
[10:20] {cc_9} talking about F Vad ?
[10:20] {cc_9} im really surprised it has not yet had a leg up after the open...
[10:20] {cc_9} its trading over 60M already
01[10:21] {@Threei}  no, FB
[10:21] {cc_9} F bids dying
01[10:21] {@Threei}  was hunting for pullback entry
[10:22] {cc_9} F @ 6 month lows now
[10:24] {nemo} was there news in vrtx
[10:24] {nemo} ?
01[10:24] {@Threei}  not that I see
01[10:24] {@Threei}  it's a GILD sympathy play though
[10:24] {cc_9} F tanking now
[10:24] {cc_9} fast too
[10:24] {cc_9} LOD test
[10:24] {RonS} none here vrtx
[10:26] {cc_9} F double bottom, needs 15.70s to confirm
01[10:26] {@Threei}  (US) PIMCO's Gross: Fed may taper today; but would more likely make changes on the IOER, inflation target or additional forward guidance
[10:26] {nemo} vrtx setting up long or short me thinks
[10:28] {cc_9} F no dice, she wants to flush hard before anything...
[10:28] {nemo} about time for the market to go into limbo
[10:28] {cc_9} F sellers in full control since the open
[10:28] {cc_9} not a single bounce yet
[10:29] {cc_9} F stop eater algo about to hit
[10:30] {cc_9} F full on flush. fuck
[10:32] {RonS} going back to the circus?...Orbitz Worldwide Announces Resignation of Tamer Tamar..
[10:32] {nemo} who is that?
[10:33] {RonS} dk
01[10:33] {@Threei}  he was a third floor maintenance manager
[10:34] {RonS} qiwi smashed
01[10:34] {@Threei} Long Setup:  F  .70 break
01[10:34] {@Threei}  If holds  .60
[10:35] {cc_9} now that F put in a new low, lets see if it can hold it
[10:36] {cc_9} if by some miracle it holds LOD, should start creeping back up toward .80
[10:37] {dino} enta sm l .50
[10:38] {ese} day late dollar short type of day
[10:38] {cc_9} F testing LOD again
01[10:38] {@Threei}  change to .60 break if holds .55
[10:40] {Will49} stock getting F'd
[10:40] {robbers} LOL
01[10:40] {@Threei}  Rob F'd
[10:40] {Will49} LOL
[10:41] {cc_9} im getting totally anused on F
[10:41] {cc_9} are they gonna stop making cars next year or what the F ?
[10:41] {Will49} lucky you only have 100 shares on :)
[10:41] {cc_9} not funny, but hopefully funny later
[10:42] {cc_9} race against FOMC for me to get out F
01[10:42] {@Threei}  I think news finally spread that their name is same as Toronto mayor's
01[10:42] {@Threei}  and that means majot screwup is inevitable
[10:42] {Will49} wouldn't doubt it
[10:44] {Will49} may day...may day
[10:46] {cc_9} F completely screwed
[10:46] {cc_9} not 1 bounce worth $0.20
[10:46] {cc_9} thought 15.50 would be bounce level
[10:47] {cc_9} what the hell, whats another 10k here...
[10:48] {cc_9} come on Ford...this is just utter shit, give a bounce
[10:49] {thomcbell} 15.50 long break if hldokng low
[10:49] {thomcbell} holding
[10:53] {cc_9} F all out crash...40s
[10:53] {cc_9} blah
[10:55] {cc_9} .30s...yikes
[10:55] {Will49} slow motion train wreck
[10:55] {dino} enta stop .16-.34
[10:55] {robbers} Well, a car wreck.
[10:56] {dino} not my week
[10:56] {RonS} but exercising skill?
[10:56] {cc_9} F my first max pain trade this week
[10:58] {cc_9} F seriously testing maximum pain here
[10:58] {cc_9} 100M shares traded, nothing but tank
[10:59] {dino} abtl spike
[10:59] {dino} sm s .30
[10:59] {cc_9} F fear bringing more and more fear, more and more dumping, volume through the roof
[11:00] {ese} F interesting
[11:01] {Will49} understatement of the day
[11:03] {cc_9} God damn it...here we go again
[11:03] {dino} stop/cov abtl .50 -.20
01[11:03] {@Threei} Long Setup:  GM  .40 break hl
01[11:03] {@Threei}  If holds  .90
[11:03] {cc_9} F wants to see the damn $14s ???
[11:04] {nemo} here are strong and weak today:  http://imageshack.com/a/img824/2629/5sz5.jpg
[11:04] {cc_9} F another new low, just lows all day
[11:04] {nemo} vrtx at vwap
[11:05] {cc_9} F 110M shares, how many more sellers are out there...
01[11:05] {@Threei}  valid still
01[11:06] {@Threei}  bounce time F, IMO
[11:06] {cc_9} F defended @ UBS
[11:06] {cc_9} F 5min, only 3 green candles all day
[11:07] {thomcbell} yes i just noticed that
[11:08] {cc_9} this UBS defense in the shares of F giving some bids, but unless it gets back over 15.50, it will do nothing, just like the BofA defense earlier
01[11:09] {@Threei}  1:1
[11:12] {cc_9} F needs to clear these .40s to get a turn around signal on 15min
[11:14] {cc_9} F 120M served
[11:14] {cc_9} sideways in mid .30s, needs break right about now
[11:15] {dino} reload enta .19
[11:16] {cc_9} F bottom is in
01[11:17] {@Threei}  1:2
[11:18] {robbers} Out GM, thanks vad.
01[11:18] {@Threei}  1:3
01[11:18] {@Threei}  yw
[11:18] {Will49} out ...nice Vad
[11:19] {Will49} now we can sit back and pray for cc
[11:20] {cc_9} yes please, need as much of it as possible.
[11:20] {cc_9} want a crack at 15.50
01[11:20] {@Threei}  what's your average?
[11:20] {cc_9} .79
[11:20] {cc_9} pretty bad
01[11:20] {@Threei}  yikes
[11:21] {Will49} you need the Pope behind you
01[11:21] {@Threei}  and marines
[11:21] {cc_9} ill start unloading .60s...if it ever goes back there
01[11:21] {@Threei}  and navy seals
[11:21] {cc_9} dont want to hold through FOMC
[11:21] {RonS} ...w/ both hands on shoulders?
[11:23] {cc_9} come on 15.50, get there and break
[11:23] {cc_9} clock working against me, 2.5 hours to go
[11:24] {cc_9} back to .30s
[11:26] {cc_9} F 50% fib puts it at 16 on the nose
[11:27] {cc_9} the 61.8% pegs it 15.80
[11:29] {cc_9} .40s back on deck, still needs 15.50 bid for turn around
[11:30] {dino} abtl sm s .60
[11:31] {cc_9} F trying to breakout now
[11:31] {nemo} nke
[11:31] {thomcbell} acting much differenly now
[11:31] {thomcbell} with market weakening
[11:32] {thomcbell} 15.75 breakdown level and 200
[11:32] {cc_9} F $0.03 to go for breakout
[11:33] {cc_9} massive wall high .40s, nobody wants to buy near the wall
[11:33] {cc_9} gonna need more volume
[11:34] {nemo} vxx creeping up
[11:35] {cc_9} SPY dumping, F for now holding through market downside
[11:36] {cc_9} massive wall .48 F
[11:37] {cc_9} .49 offers getting hit hard
[11:38] {cc_9} no takers .50, should test again in the next 500 hours to come
[11:40] {cc_9} SPY crashing, F bid holding for now
[11:42] {nemo} wow, unusual volatility for a Fed day
[11:44] {cc_9} F } $15.50 come on...
[11:45] {cc_9} F catching bids on SPY drop
[11:45] {cc_9} lets go .60s!
[11:47] {cc_9} ugh...
[11:49] {cc_9} VXX zooming
[11:50] {cc_9} F getting bot again, next leg up
[11:51] {cc_9} break of 15.60 should bring buyers back
[11:51] {cc_9} TIME TO SOAR F !
[11:52] {cc_9} give me .60s baby
[11:53] {cc_9} its go time, $0.15 and im back to being alive.
[11:55] {cc_9} F 15min : 4 consecutive green candles
[11:56] {cc_9} F breaking .60s
[11:56] {cc_9} pushhhhhhh
[11:57] {cc_9} im just gonna cheer solo
[11:57] {cc_9} GIDDY UP FORD
[12:01] {cc_9} F getting tired, SPY tanking
[12:09] {cc_9} F losing steam :(
[12:10] {cc_9} holding 15.50 for now
[12:12] {nemo} nap time cc
[12:12] {cc_9} no such thing, need .65 on F then i start dumping
[12:12] {cc_9} and take nap ahead of FOMC
[12:14] {cc_9} F volume surge on 5min
[12:14] {cc_9} crack .60s again plz
[12:14] {dino} abtl bstop to flat
[12:19] {nemo} oh oh F looks down here
[12:19] {cc_9} F no takers at .60s
[12:19] {cc_9} frek
01[12:20] {@Threei}  should break
[12:21] {cc_9} needs to hold .50 on this pullback
[12:21] {cc_9} last high was .64 offer, needs .65 bid to get a new leg up ahead of FOMC
[12:25] {cc_9} damn it F, just get through .60 you dog
[12:28] {cc_9} if F cant break %15.60 here, it will start lokoing bearish, critical price to hold remains 15.50
[12:29] {nemo} what's ur stop See See
[12:29] {nemo} ty
[12:29] {cc_9} im holding core position, but trading my way out blocks at a time for a few cents
[12:29] {cc_9} F volume on 1min
[12:30] {nemo} pillows in front of the keyboards, folks
[12:30] {cc_9} .60 offer back on deck, $0.06 for breakout
[12:31] {cc_9} F drop held , time to get a crack at .65
[12:31] {nemo} what's ur average cc?
[12:31] {cc_9} .79
[12:31] {cc_9} look @ level 2, all the FADF prints @ .60 even though offer on INET book shows .61
[12:32] {nemo} that a dark pool?
[12:32] {cc_9} i believe so yes
[12:32] {nemo} makret looking a bit iffy here
[12:32] {nemo} market
[12:32] {cc_9} the offer had 2 left before 61, but tons were going through at .60 but never upticked
[12:32] {nemo} vwap selling
[12:33] {nemo} must be big funds getting out of positions
[12:33] {nemo} anybody big getting in won't want to pay above vwap
[12:34] {cc_9} F hard time here under .60
[12:34] {cc_9} missed MU round 2
[12:34] {cc_9} perfect double bottom and bounce
[12:35] {nemo} that's likely why though.  Traders buying for large funds get higher commission buying under vwap
[12:36] {cc_9} vwap or not, i need F to break the damn .60s
[12:36] {nemo} Nature is Unkind, it treats the myriad creation like straw dogs
[12:38] {cc_9} 160M shares served on F
01[12:38] {@Threei}  break is coming now
[12:38] {cc_9} 15.60 offer back on deck
01[12:38] {@Threei}  to the theater near you
[12:38] {cc_9} must must must crack 15.65 while SPY is tanking
[12:39] {cc_9} if can crack 15.65, no wall till 15.80
[12:40] {cc_9} too big of a seller @ .60
[12:41] {dino} rlyp drop
[12:41] {cc_9} F about to test that 15.65
[12:43] {cc_9} F  ton of sellers over .60
[12:43] {cc_9} 30 minutes to test .60, 2 minutes to lose it
[12:45] {cc_9} oh goody....tanks now
[12:50] {cc_9} SPY tank, F taking heat, losing volume and buyers
[12:53] {dino} halo spike
[12:55] {cc_9} F trying to hold that .50 again here
[12:56] {cc_9} looking for HALO news so can short
[12:57] {RonS} $HALO just jumped on mention of option activity on CNBC
[12:57] {cc_9} should fade down to 13.60 and under
[12:57] {cc_9} SPY all out crash
[12:59] {cc_9} VXX not budging on this market tank, hmmm
[13:00] {dino} halo, sm s .87
[13:00] {cc_9} F crashing again
[13:00] {cc_9} SPY not helping
[13:01] {cc_9} F trying to hold up through SPY carnage
[13:02] {cc_9} big VOL F
[13:03] {cc_9} SPY massive slappathon on going
01[13:04] {@Threei}  (US) Preview: FOMC rate decision to be released at 14:00ET; Fed economic forecast at 14:00ET; Bernanke press conf at 14:30ETFOMC Statement A recent string of favorable data opens the door for tapering to start today; Most analysts see a better than 50% chance of some form of tapering beginning today, probably with a relatively modest amount on the order of a $5-15B reduction. Alternatively the Fed could set out the parameters for tapering without pulling the trigger today in order to give markets another six weeks to digest the process.
01[13:05] {@Threei}  If the tapering process does begin today, the Fed will likely throw a bone to the markets with forward guidance changes. It could include a more formalized timetable for reducing QE, which might involve stating that the QE program will continue to function "at least" through mid-2014, or it could even set a specific monthly phase out schedule through the fall. - Source TradeTheNews.com
[13:07] {cc_9} come on F, show them that you still matter, bring in money flow
[13:12] {cc_9} SPY turd flushing, F trying to hold its bids
[13:14] {cc_9} Tough call here : hold F through FOMC after seeing how its holding up vs SPY tank, or dump and re-evaluate after FOMC
[13:14] {cc_9} toughest call to make right now
[13:20] {nemo} buy puts?
[13:20] {cc_9} F no go, back to .40s
[13:20] {cc_9} putain
[13:20] {nemo} See See, I'm gonna' have to start wearing Depends, knock it off!
[13:22] {cc_9} very disappointed it could not break .65s at 12:40PM, the moment was ripe then
[13:23] {cc_9} SPY some bids, F tanking
[13:23] {cc_9} SPY tank = F holds
[13:23] {cc_9} SPY holds = F tanks
[13:23] {cc_9} the best kind of shit
[13:24] {nemo} you like flossing with barbed wire?
[13:27] {cc_9} F chart broken as far as reversal goes
[13:31] {cc_9} F all out crash, sellers stepping back in
[13:35] {cc_9} .30s
[13:37] {nemo} sorry about that cc
[13:38] {nemo} vxx looks weak at the moment...weird
[13:40] {Will49} hope he isn't going for the hemlock and water
[13:41] {nemo} he owns guns
[13:46] {cc_9} was it just me or lost mibbit connection
[13:46] {nemo} just u
[13:47] {nemo} Will thought you went to off yourself
[13:47] {cc_9} F trying a little bit here, could see .50 before FOMC
[13:47] {Will49} you OK buddy?
[13:47] {cc_9} but given my day, it probably wont even hit .48 before FOMC
[13:47] {cc_9} and ill just hold through it
[13:48] {Will49} live by the sword.....
[13:48] {cc_9} die by the trade
[13:48] {Will49} :)
[13:48] {cc_9} im going to ram my car today in the first F vehicle I see
[13:48] {nemo} BOHICA
[13:48] {Will49} LOL
[13:48] {cc_9} they want lower guidance, fine, ill help
[13:48] {nemo} you must have a class 3 toy...that would be fun
[13:50] {nemo} holy shit...we're down in the spy a whopping .27% feels like a recession out there
[13:50] {cc_9} VXX tanking ahead of FOMC
[13:50] {nemo} [13:39] {nemo} vxx looks weak at the moment...weird
[13:53] {cc_9} no taper, no taper ever, why the market even remotely thinks fed will slow down $85B a month cash infusion
[13:55] {nemo} interesting gg and gdx strong
[13:55] {Will49} everyone have their party hats and noise makers ready?
[13:55] {Will49} 4 minutes
[13:55] {nemo} can't wait for the ball to drop
01[13:55] {@Threei}  gold jusat took its off
[13:55] {cc_9} time to load up VXX and set a limit sell ahead of time
[13:55] {Will49} oh no, that's a couple of weeks away yet
[13:55] {nemo} as I said, algo had gold stocks getting hot
[13:56] {cc_9} F back to .50
[13:56] {nemo} was there once in the 70's what a madhouse...cops partying with you all night
[13:56] {cc_9} Gold going ape shit here
[13:56] {nemo} by about 10:30 there is no room to move
[13:57] {dino} trying your vxx trade , l .
[13:57] {dino} .65
[13:57] {nemo} take some off at .90 if it goes your way
[13:59] {cc_9} VOILA
[13:59] {cc_9} how you do VXX fomc trade
01[13:59] {@Threei}  taper begins
[13:59] {cc_9} HAHAHAHAHAHA
01[13:59] {@Threei}  10B
[13:59] {dino} very well, ty
[13:59] {cc_9} did you guys bank on the VXX idea ?
[13:59] {dino} out .36, +.71
[14:00] {Will49} beauty dino
[14:00] {dino} fl
[14:01] {cc_9} good work if you took the VXX idea, its always easy money on FOMC
[14:01] {cc_9} market now - direction
[14:02] {dino} 1st time i tried, nice idea
[14:02] {cc_9} yes, its great
[14:02] {nemo} dramamine time
01[14:03] {@Threei}  what if they announced no taper and it went the other way just as fast and far?
[14:03] {dino} then i'd be f#cked
[14:03] {cc_9} Vad
[14:03] {cc_9} on FOMC, there is always up/down reaction
[14:03] {cc_9} always
[14:04] {cc_9} it never takes 1 direction and stays there
[14:04] {cc_9} it pops/drops as people read into
[14:04] {cc_9} so u buy ahead, set limit to sell ahead
[14:04] {cc_9} and get taken on the knee jerk
[14:04] {nemo} cha cha cha
[14:04] {cc_9} ive been doing this same trade on VXX for a few months on every FOMC
[14:04] {nemo} agn taking off holy shit
01[14:04] {@Threei}  well, as you might know, this is not a first FOMC action I observe since 1996... {G}
[14:05] {cc_9} riveting tale chap
[14:05] {cc_9} all i care about is folks here banked on it
[14:05] {Will49} not your first rodeo, eh Vad?
[14:05] {cc_9} now, let me go sell this fucking FORD stock
[14:05] {cc_9} and call it a week
01[14:05] {@Threei}  I'd think, third, will :)
01[14:06] {@Threei}  (US) FOMC HOLDS FED FUNDS RATE TARGET AT 0.25% (AS EXPECTED): BEGINS TAPER OF $10B TO $75B OF PURCHASES BEGINNING IN JANUARY, FURTHER MEASURED STEPS ARE POSSIBLE WITH REGARDS TO TAPERING IF DATA SHOWS ONGOING IMPROVEMENT IN LABOR MARKET AND INFLATION TOWARDS TARGET '
[14:06] {cc_9} come on ford, push to .70
[14:06] {cc_9} PUSH
[14:06] {cc_9} MARKET IS GIVING A HELPING HAND
[14:06] {cc_9} PUSHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH
[14:07] {Will49} everybody push
[14:07] {Will49} get out the 2X4 Vad
01[14:08] {@Threei}  2x4 is for when we are short
[14:08] {Will49} oh :(
01[14:08] {@Threei}  for long, it's army boots
[14:08] {cc_9} i have entire position to sell at .67 and .68
[14:08] {cc_9} 2 more cents...get it
06[14:08] * @Threei kicks F in the its f*** rear
[14:08] {Will49} tks
[14:09] {dino} vxx hl l .60
[14:11] {dino} out vxx .94, +.34
[14:11] {cc_9} wow...I set sell for entire position on F @ .67 and .68
[14:11] {cc_9} it goes to EXACTLY .67
[14:11] {cc_9} before fade again
01[14:13] {@Threei} Short Setup: GDX  .50 break hl
01[14:13] {@Threei}  If holds  .60
[14:14] {nemo} spy goes ex-div tomorrow night...btw
[14:15] {cc_9} i think we get another SPY rally
[14:15] {nemo} yeah, why sell if you've been holding when one more day to the dividend
01[14:16] {@Threei}  ummm
01[14:16] {@Threei}  1:2
[14:16] {cc_9} god damn it F, i cannot believe it skipped me by ONE penny.
01[14:16] {@Threei}  1:3 actuaklly but that was really too brief
01[14:16] {@Threei}  anyone caught GDX?
[14:16] {Will49} no
[14:16] {nemo} I'm telling ya' they know it's you
[14:17] {nemo} GDX was long gone
[14:20] {cc_9} load up F massive position, set sell for all position, get skipped by one penny....story of my day
[14:22] {cc_9} 14:15 cc_9 i think we get another SPY rally
[14:22] {cc_9} SPY back to near $180 on the day
[14:34] {cc_9} HeliBen is making statements
[14:34] {cc_9} SPY going to goat
[14:35] {cc_9} SPY fresh highs on heliben statements
[14:38] {cc_9} all out F
[14:39] {Will49} relax now cc
[14:40] {Will49} although it was probably painful for you, it was quite a show to observe
[14:40] {Will49} you should have sold tickets
[14:42] {cc_9} i finished ok on Ford
[14:42] {cc_9} Jesus Saves
[14:42] {Will49} good for you
[14:42] {cc_9} }implying sky daddy helped me
[14:48] {cc_9} all in all, good day
[14:48] {cc_9} i want to thank Will, dino, nemo and of course Vad
[14:48] {cc_9} for the moral support
[14:49] {Will49} you're welcome cc
[14:49] {cc_9} i will donate all my proceeds to the local synagogue
[14:49] {cc_9} and by synagogue, i mean my pocket
[14:49] {nemo} calling us moral...thaaaaaaaaaaaaaaaaaats a stretch
[14:49] {Will49} hahaha
[14:50] {cc_9} u avin' a giggle m8 ?
[14:50] {cc_9} i swer on me mum i cut ye m8
01[14:55] {@Threei}  bernanke: Janet Yellen fully supports today's actions.
01[14:55] {@Threei}  - Future tapering to come in further measures steps, will be deliberate and data dependent. Topic will be taken up at each meeting, base case scenario is for the asset purchase program to late into 2014 but ultimately the size of any further tapering decisions will be dependent on data.
[15:05] {cc_9} ugh, F wants to goat now last hour
[15:05] {nemo} 5 bil pomo tomorrow
[15:07] {cc_9} F please dont rally...nooooooooooooooo
[15:07] {nemo} bug day dude
[15:13] {cc_9} F about to go full on orange o tang
[15:14] {cc_9} damn me for selling Ford, damn me for not selling Ford
[15:14] {cc_9} ill stop complaining
[15:14] {cc_9} (unless it goes to 15.75, I will cry)
[15:14] {nemo} push me pullyou
[15:15] {nemo} no stool jokes
[15:15] {nemo} r4 spy
[15:15] {cc_9} F 16.70 ask
[15:15] {cc_9} mutilation time
01[15:16] {@Threei} Short Setup: GLD  .80 break
[15:16] {cc_9} oy vey
01[15:16] {@Threei}  hl
01[15:16] {@Threei}  If holds  .90
[15:16] {nemo} hydrashock cc
01[15:18] {@Threei}  come on GLD, let's do another rug pull
01[15:19] {@Threei}  to about .40
[15:26] {cc_9} ok guys
[15:26] {cc_9} calling it a day
[15:26] {cc_9} see you all tomorrow AM
01[15:26] {@Threei}  1:2
01[15:27] {@Threei}  nice quick drop
01[15:27] {@Threei}  1:3
01[15:27] {@Threei}  1:5
01[15:27] {@Threei}  out
01[15:27] {@Threei}  how about that to finish the day with the bang?
[15:27] {Will49} Yoweeee
01[15:28] {@Threei}  rug pull in its finest
[15:31] {Will49} still goin'
[15:32] {Will49} not
01[15:32] {@Threei}  yeah but I am nikt going to stage cc_9's style hysterics {G}
[15:36] {dino} nice 3i-ster
01[15:37] {@Threei}  :)
[15:41] {Will49} gonna run...great day Vad!
[15:41] {Will49} you were nice too nemo
[15:41] {nemo} jerk
[15:42] {dino} lol, in my neighborhood i bank asking 129,900 on foreclosure. i won it for 86,000. 2300 sq ft house, good shape
[15:42] {dino} close in 30 days
01[15:42] {@Threei}  nice deal in the making
[15:42] {dino} should make 40-50k on it
[15:43] {nemo} how long you gonna' hold it?
01[15:44] {@Threei}  wow... 1:14
[15:48] {dino} 6 months max
[15:48] {dino} renovations 30-45 days, then list it. usually takes 4-6 months to flip one up here
[15:49] {nemo} should be ready for the spring selling season, perfect
[15:49] {dino} exactly, luv getting one around holidays
[15:49] {dino} banks are dropping prices for year end, so they discount much more
[15:50] {dino} typical discount is 20%, so 34% is sweet
01[15:55] {@Threei}  ok guys, thank you, have a great evening
01[15:55] {@Threei}  see you tomorrow