Session Time: Tue Jan 15 00:00:00 2013
[09:17] {dino} gm
01[09:17] {Threei} dino :)
[09:20] {cipher} gm
01[09:20] {Threei} cipher :)
[09:21] {_jdetente} good morning
01[09:21] {Threei} jd :)
[09:22] {nemo} sorry late...had to go to the liquor store
01[09:22] {Threei} successfully?
[09:22] {nemo} do those of the ursus genus defecate in arborial areas?
[09:25] {ese} mornin
01[09:25] {Threei} ese :)
01[09:31] {Threei} Short Setup: BTU .37
01[09:31] {Threei} If holds .46
[09:33] {dptl} gm
01[09:33] {Threei} dp :)
[09:35] {cipher} INFA L .00
01[09:35] {Threei} Long Setup: FB .85 break
[09:35] {dino} frx hl s .10, pulpy
01[09:36] {Threei} If holds .80
01[09:36] {Threei} must be first time we play FB with 5 cents stop
01[09:36] {Threei} 1:1
01[09:37] {Threei} BTU no go
[09:37] {thomcbell} wow that was a thing of beauty
01[09:38] {Threei} out
[09:38] {cipher} fb +.28 thx
01[09:38] {Threei} in so very fulll
01[09:38] {Threei} yw
[09:40] {dptl} fslr .90 short?
01[09:42] {Threei} hal lot
01[09:43] {Threei} Long Setup: FCX .70 break
01[09:43] {Threei} hl
[09:43] {dino} frx stop -.08
01[09:43] {Threei} If holds .65
01[09:43] {Threei} jd, welcome aboard
[09:43] {cipher} CTXS L.05
[09:43] {jdetente} Thanks! I'm official now
[09:43] {jdetente} :)
01[09:43] {Threei} it means you can slap nemo now as an equal
01[09:43] {Threei} but there is a downside
01[09:44] {Threei} he can slap you as well...
[09:44] {jdetente} haha
[09:44] {cipher} out ctxs .55 +.50
01[09:44] {Threei} wtg
[09:44] {nemo} Jack Daniels?
01[09:46] {Threei} FSLR 1:1 but I doubt you could get it
[09:46] {dptl} i am in
01[09:46] {Threei} ok... covered any?
[09:47] {dptl} not yet
01[09:47] {Threei} you guys watch LULU?
01[09:48] {Threei} dino, cipher, ese
[09:48] {cipher} yes
[09:48] {nemo} looking for lulu to test .66
[09:48] {nemo} 66
[09:48] {nemo} sorry
[09:49] {jdetente} Is the FCX stop at 34.65?
[09:49] {jdetente} or a full .10
01[09:49] {Threei} just under .65
01[09:50] {Threei} see those tails bottoming out just above? they define .65 as support
[09:50] {cipher} lulu l .40
[09:50] {dino} oii hl s .7
[09:50] {dino} .07
01[09:50] {Threei} tight stop, SPY tries to uptick, chart nicely positioned for and upward thrust
[09:50] {cipher} out lulu .71
01[09:51] {Threei} my kind of trade
01[09:51] {Threei} nice opne cipher
[09:51] {cipher} ty
[09:51] {thomcbell} splk long setup 31.30 break if holding 31.20 - HL due to banana stock
[09:52] {dino} oii stop -.28
[09:54] {thomcbell} splk 1:2
[09:55] {cipher} crus l .81
[09:55] {thomcbell} rimm short here Vad?
[09:55] {thomcbell} splk 1:3
01[09:55] {Threei} Long Setup: CAT .80 break hl
01[09:55] {Threei} If holds .70
[09:56] {thomcbell} splk 1:4 and out
01[09:56] {Threei} wtg
01[09:56] {Threei} I'd prefer either bounce or a bit longer consolidation on RIMM
[09:56] {cc_8} Among the companies with shares expected to actively trade in Tuesday’s session are Dell Inc. (DELL), Express Inc. (EXPR) and Gordmans Stores Inc. (GMAN).
[09:56] {cipher} out crus .93
01[09:57] {Threei} CAT 1:1 if you got it
[09:57] {thomcbell} looking for a long setup in lvs
01[09:57] {Threei} 1:2
01[09:57] {Threei} no go FCX
[09:58] {dino} frx hl s .60
01[09:58] {Threei} anyone caught CAT or too fast?
[09:58] {nemo} yep
[09:59] {dino} mflx partial fill l .50
01[10:00] {Threei} *(US) NOV BUSINESS INVENTORIES: 0.3% V 0.3%E
[10:00] {nemo} look daily dino, nflx could get sloppy around here for awhile
01[10:00] {Threei} GM UAW is said to be not interested in pension buyouts from GM
[10:00] {dino} mflx
[10:00] {dino} M
01[10:00] {Threei} yup, let's bankrupt it second time
[10:01] {nemo} oh, nevermind
[10:01] {dptl} aig .10 long?
[10:02] {dino} oii last try hl s .15
01[10:02] {Threei} yes AIG
[10:03] {cipher} VRTX L .51
[10:04] {cipher} out .60
[10:07] {dino} mflx stop
[10:07] {ese} L mas .49
[10:08] {ese} out mas .61
[10:08] {ese} +.12
[10:08] {cipher} amgn l .96
[10:08] {ese} talk about your instantaneous jump up
[10:08] {dptl} swks .45 long?
[10:09] {cipher} out amgn .89
01[10:09] {Threei} yes
[10:10] {cipher} scty l .55
01[10:10] {Threei} Short Setup: RIMM .50 break
01[10:10] {Threei} If holds .60
[10:10] {dino} len hl l .05
01[10:13] {Threei} 1:1
[10:13] {dptl} half out rimm ty
01[10:13] {Threei} yw
[10:13] {dino} mflx hl l .00
[10:14] {thomcbell} wow SPLK
[10:14] {dino} out len .47, +.42
01[10:16] {Threei} nice one
[10:16] {cipher} out scty .68 +.13
[10:19] {dino} cov frx .30, +.30
[10:19] {cipher} splk l.05
[10:25] {cipher} out splk .13
[10:25] {cipher} scty l .71
[10:26] {dptl} gmcr .10 short?
01[10:27] {Threei} ummm
01[10:27] {Threei} yes :)
[10:27] {dptl} yeah too fast
[10:30] {thomcbell} this splk could really squeeze - 18% short before friday
[10:30] {thomcbell} and their business is on fire and could actually get bought - i am a spectator
[10:30] {dptl} gild 78 long?
01[10:31] {Threei} hl
[10:31] {dino} don't tell obama, you evil speculator
01[10:31] {Threei} Long Setup: FB .95 break
01[10:31] {Threei} If holds .90
01[10:33] {Threei} GILD 1:1 if you got it
[10:33] {cipher} krft l .35
[10:33] {thomcbell} splk 1:16 hehe
[10:34] {nemo} cipher and dino must be twins separated at birth
01[10:34] {Threei} hehe
[10:35] {dptl} what do you see in fb Vad?
01[10:37] {Threei} pullback, bottoming out, consolidation, break
[10:38] {jdetente} looks like it didn't hold
01[10:39] {Threei} nope
[10:41] {dino} len hl l .90
[10:46] {dptl} pay .25 long?
01[10:46] {Threei} darn FB
[10:46] {jdetente} FB rinse ugh
01[10:46] {Threei} too tight stop :)
01[10:46] {Threei} PAY yes
[10:47] {dptl} a bit to narrow
[10:50] {nemo} amgn might be worth a short try here
[10:53] {cipher} out krft.50 +.15
01[10:57] {Threei} frikin FB
[10:58] {dino} sap hl l .90
[11:02] {dptl} i'll keep stop under .20 pay
01[11:03] {Threei} Short Setup: FB .15 break
01[11:05] {Threei} PAY 1:1
[11:05] {dptl} half out pay
01[11:05] {Threei} Invalidated FB
[11:07] {dptl} under .30 stop for me pay
01[11:09] {Threei} 1:2
[11:09] {dptl} out more
[11:12] {dptl} all out
[11:15] {cipher} fb s .52
[11:17] {dino} enoc hl s .35
[11:18] {cipher} out fb -.02
[11:19] {dino} enoc stop
[11:22] {dino} enoc hl s .15
[11:23] {dino} cov .75, +.40
[11:24] {dptl} that was fast...nice :)
[11:25] {dino} ty
[11:25] {cipher} wtg dino
[11:26] {dptl} pay may be .50 long ?
[11:28] {dptl} nope
[11:29] {nemo} breakouts this time of day get real iffy
01[11:29] {Threei} right
[11:30] {nemo} this market is so slow, it makes you itch to do something, anything...not good
[11:30] {nemo} drink instead
[11:30] {dptl} ") right...
[11:31] {dptl} good idea :)
[11:33] {cipher} ENOC L .80
[11:35] {cipher} out .05 +.25
[11:36] {dptl} aig .90 short?
01[11:37] {Threei} nah
[11:37] {nemo} drink dp
[11:37] {dptl} ok :)
[11:38] {nemo} indexes finny iwm spy could be short here but i would expect spy to try and get to .82 with iwm in the mid .50s first
[11:39] {nemo} Dalai Llama croaked
[11:43] {dino} out sap .34, +.44
01[11:44] {Threei} Magnitude 6.1 earthquake strikes along the Pacific antarctic ridge
[11:46] {dino} len hl l .10
[11:52] {cipher} +.09 LEN thx
[11:53] {dino} gj
01[12:05] {Threei} (US) Pres Obama said to be ready to make announcement tomorrow on gun control proposals brought to him by VP Biden - financial press- Obama is said to be considering up to 19 executive orders on guns that wont require Congressional approval. - Obama will also likely recommend stricter gun-control measures that require Congressional approval. - Some of Obamas recommendations are likely to go beyond narrow gun control, such as mental health issues.
01[12:06] {Threei} Risk Is Off As Debt Ceiling Rhetoric Continues
01[12:06] {Threei} - President Obama's forceful words on the debt ceiling fight and House Speaker Boehner's firm response yesterday morning continue to unsettle markets. With both sides seeming to entrench in their respective positions ahead of the ceiling, risk aversion is the order of the day. In his talk yesterday evening, Fed Chairman Bernanke struck a dovish tone, insisting once again that the Fed is still not out of ammunition. The DJIA is down 0.12%, the S&P500 is down 0.2% and the Nasdaq is down 0.48%.
01[12:07] {Threei} any dove will look like a hungry bald eagle next to current Fed
01[12:08] {Threei} - Most of the tech world is boiling with speculation about what Facebook is planning to talk about in its first major product event since going public. Rumors are all over the map, although several of the leading ideas are not very credible. Some say a phone or music service are in the offing, although Facebook would be very late to the game in both spheres. Search is also touted as a possibility, and Facebook executives have highlighted this as an essential area in the past. A major new e-commerce or content play are definite possibilities as well. Shares of FB are up 2% this morning.
01[12:17] {Threei} Long Setup: FB .40 break
01[12:17] {Threei} If holds .35
[12:35] {dptl} btu .75 long?
[12:36] {dptl} ahh late
01[12:36] {Threei} can't tell really
[12:40] {dptl} coh .30 long?
01[12:40] {Threei} [11:29] {nemo} breakouts this time of day get real iffy
01[12:40] {Threei} [11:29] {Threei} right
01[12:40] {Threei} [11:30] {nemo} this market is so slow, it makes you itch to do something, anything...not good
01[12:40] {Threei} [11:30] {nemo} drink instead
01[12:40] {Threei} [11:30] {dptl} ") right...
01[12:40] {Threei} [11:31] {dptl} good idea :)
[12:41] {dptl} lol...
01[12:42] {Threei} seriously... you point one breakout play after another
01[12:42] {Threei} AFTER you agreeed that they are not the best plays right now
01[12:52] {Threei} be back in 15
[13:06] {thomcbell} FB whoosh
01[13:06] {Threei} FB CEO: Announcing a new product at presentation today, should be able to 'query' the database - facebook even
01[13:06] {Threei} what an anticlimax
01[13:15] {Threei} Facebook CEO: Announcing new social search product named "Graph Search" - product event
01[13:15] {Threei} - There are three pillars to the Facebook service: newsfeed and timeline are the first two pillars, we will be discussing the third, "Graph Search"
01[13:15] {Threei} - Facebook includes friend connections, follow connections, photo tags, likes, comments. Indexing all this content so you can access it usefully is a hard problem.
01[13:15] {Threei} - The search that we wanted to build is privacy-aware. You can only search for content that has been shared with you.
01[13:15] {Threei} - Web search and graph search are really, really different. Graph search is designed to take a precise query and give you the answer.
01[13:21] {Threei} Short Setup: FB .80 break smaller shares
01[13:21] {Threei} stop above .90
01[13:21] {Threei} half out
01[13:21] {Threei} stop .85
01[13:22] {Threei} target .45
[13:22] {thomcbell} wow its bananas- lol
[13:26] {jdetente} nice scalp on FB thanks!
01[13:27] {Threei} :)
[13:27] {thomcbell} dell boom
01[13:27] {Threei} bottomed out at .46
01[13:27] {Threei} Dell Inc Buyout is said to be moving ahead, banks are said to have been tapped to provide funding - financial press- PE firm Silver Lake and partners are said to be holding advanced talks with Dell. - Advisors reportedly include Credit Suisse, Bank of America, Barclays and RBC - Reminder: Yesterday reports circulated that at least two firms were interested in taking the firm private -
01[13:29] {Threei} (US) Fed's Plosser (hawk, non-voter): Fed stimulus measures may hurt consumers who are trying to repair their finances
01[13:29] {Threei} ****Plosser repeats remarks from Jan 11th speech, Plosser stated:
01[13:29] {Threei} - Aggressive monetary policy is unlikely to accelerate improvements in job market or help rebuild household wealth
01[13:29] {Threei} - Would like the Fed to tighten monetary policy sooner than most of the rest of the FOMC
01[13:29] {Threei} - Trying to boost economic stimulus could even prolong sluggishness in US consumption.
01[13:29] {Threei} - US economy is growing at a moderate pace.
01[13:29] {Threei} - Very easy monetary policy cannot overcome business uncertainty.
[13:33] {thomcbell} dell 13 break if holding 12.90
[13:35] {thomcbell} invalidated dell
[13:36] {thomcbell} really annoying - my name is Tom Bell and i constantly get phone people say Dell
01[13:38] {Threei} you don't wasnt to know the ways people have been pronouncing my name
[13:39] {thomcbell} do it Vad
[13:43] {thomcbell} dell rats
01[13:48] {Threei} FB Announces partnership with Microsoft's Bing at Graph Search event; aims to bring web search results into the Graph Search product
01[13:48] {Threei} so frikin what??
[14:01] {thomcbell} fb looks like a 30.50 long break
[14:01] {thomcbell} half lots only
01[14:02] {Threei} hmmm
01[14:02] {Threei} I am skeptical to be honest
01[14:02] {Threei} well, it proved me wrong rather quickly :)
[14:03] {thomcbell} not worth the risk
[14:03] {thomcbell} thing can be down 1.50 or up 1.50 no problem from here
[14:04] {thomcbell} short setup fio 21.10 break if holding 21.20
[14:05] {thomcbell} stopped on balance at break even
[14:05] {thomcbell} fb
[14:09] {dptl} jcp short?
01[14:09] {Threei} Short Setup: FB .40 break
01[14:09] {Threei} If holds .50
01[14:10] {Threei} JCP is lifeless... can't tell
01[14:14] {Threei} FB is valid
01[14:23] {Threei} 1:1
01[14:24] {Threei} 1:2
[14:25] {dptl} len .10 short?
01[14:27] {Threei} hl
[14:30] {dino} ggc hl l .24
[14:34] {dino} out ggc .85, +.61
01[14:34] {Threei} FB is getting shwed up
[14:36] {nemo} http://twitpic.com/bvhcom
[14:38] {thomcbell} flattening fio
01[14:38] {Threei} that was "chewed up, and it continues
[14:57] {dptl} cog .30 short?
01[14:58] {Threei} nah... marginal setup
01[14:58] {Threei} why are you looking to short here?
01[14:58] {Threei} SPY if anything looks long
01[15:08] {Threei} Long Setup: COG .40 break
01[15:08] {Threei} If holds .30
[15:19] {jdetente} I'm guying to call it a day. Have a good one!
01[15:19] {Threei} take care jd, certainly much better day than yesterday
[15:19] {jdetente} yes. good trades!
[15:29] {dptl} pay short?
01[15:30] {Threei} I don't see setup
01[15:31] {Threei} Short Setup: RIMM .50 break
[15:39] {dptl} what about mpc .25 short?
01[15:39] {Threei} better
[15:43] {thomcbell} FB 30.21 long break
[15:43] {thomcbell} if holding 30.10
[15:44] {thomcbell} whoopie
[15:44] {thomcbell} lol
01[15:44] {Threei} wow
01[15:44] {Threei} lol
[15:45] {thomcbell} and thats that
[15:45] {thomcbell} scalpers win as sensai says
[15:49] {dptl} rimm stop .56?
01[15:49] {Threei} yeah
[15:55] {nemo} http://twitpic.com/bvj7tz
[15:56] {dino} out len .70, +.60
01[15:59] {Threei} nice finish!
01[15:59] {Threei} ok
01[15:59] {Threei} cl,osed RIMM for tiny scalp
01[15:59] {Threei} thank youy all
[15:59] {dptl} gn
01[15:59] {Threei} have a good evening, see you tomorrow
[15:59] {thomcbell} good day guys
[15:59] {dino} gn all
[15:59] {thomcbell} thanks
