Thursday, September 25, 2014

Sept 25 2014

Back and forth day, ending slightly positive. Shaky start, but repaired it and then some in later trades.


Session Time: Thu Sep 25 00:00:00 2014
03[01:32] * Retrieving #discussions modes...
[09:01] {dino} gm 3i
01[09:01] {@Threei}  dino :)
[09:08] {RonS} hello dudes...nemo posted a good one..."it's rosh hashana and i got nothing to shofar it..."
01[09:08] {@Threei}  ron :)
01[09:09] {@Threei}  on twitter?
[09:09] {RonS} yes
01[09:09] {@Threei}  been a good while since I looked in there...
01[09:09] {@Threei}  can't stand it endlessly scrolling river
01[09:09] {@Threei}  its
[09:10] {RonS} for some reason mine doesn't scroll...have to re-load it...probably better that way...
01[09:10] {@Threei}  yes, same here
[09:16] {nathan} morning gents
01[09:16] {@Threei}  nathan :)
[09:22] {RonS} pretty funny...Samsung came with an ad: "Bend to those who are worthy" ...showing the new iphone genuflecting before an upright galaxy
[09:22] {nathan} :-D
[09:23] {troub} Good morning
01[09:23] {@Threei}  troub :)
01[09:23] {@Threei}  lol ron
01[09:26] {@Threei}  Upside:
01[09:26] {@Threei}  -LPDX +63% (being acquired by LH for $5.25/shr)
01[09:26] {@Threei}  -AIXG +13% (wins tool order from San'an Optoelectronics in China; positive broker comments)
01[09:26] {@Threei}  -MHR +12% (momentum from production numbers reported ATC 9/24)
01[09:26] {@Threei}  -CYBR 9% (IPO momentum)
01[09:26] {@Threei}  -SKX +8% (statement in response to Buckingham Research note, company says Q3 retail comps to show positive growth)
01[09:26] {@Threei}  -HAWK/HAWKB +6% (acquiring Parago Inc. for $290M cash; sees as meaningfully accretive in 2015)
01[09:26] {@Threei}  -JBL +4.7% (earnings)
01[09:26] {@Threei}  Downside:
01[09:26] {@Threei}  -FUL -16% (earnings)
01[09:26] {@Threei}  -CREG -10% (no news seen)
01[09:26] {@Threei}  -PCRX -8% (received FDA warning letter regarding promotional materials on Exparel)
01[09:31] {@Threei} Long Setup:  FB  .50 break
01[09:31] {@Threei}  If holds  .45
01[09:31] {@Threei}  no go
01[09:32] {@Threei} Long Setup:  IWM  .55 break
01[09:32] {@Threei}  1:1
01[09:35] {@Threei}  1:2
[09:42] {jfjf64} mornin
01[09:43] {@Threei}  jf :)
01[09:43] {@Threei} Long Setup:  FB  .40 break hl
01[09:43] {@Threei}  If holds  .30
01[09:44] {@Threei}  meh
01[09:45] {@Threei}  *(US) SEPT PRELIMINARY MARKIT SERVICES PMI: 58.5 V 59.2E; COMPOSITE PMI: 58.8 V 59.7 PRIOR \
[09:45] {dino} pcrx sm l .00
[09:45] {nemo} fb .35 break
[09:46] {nemo} good luck
[09:46] {dino} out pcrx .76, +.76
01[09:46] {@Threei}  wtg
[09:46] {dino} ty. pulp
[09:50] {nemo}  360-639-672
01[09:50] {@Threei} Long Setup:  CCL  .05 break
[09:51] {_sebab} call nemo for a good time
01[09:51] {@Threei}  lol
[09:52] {nemo} that ticking package at your door sebab...just ignore it
[09:52] {_sebab} :)
01[09:52] {@Threei}  If holds  41
01[09:52] {@Threei}  (RU) Russia parliament drafting law allowing govt to seize foreign assets in Russia in response to "illegal sanctions"
01[09:54] {@Threei}  meh
[09:55] {jfjf64} watchin x
[09:56] {nemo} short was .90
01[09:56] {@Threei} Long Setup:  FB  78 break
01[09:56] {@Threei}  If holds  .90
[09:56] {dino} pcrx sm l .68
01[09:56] {@Threei}  1:1
[09:57] {dino} stopped .33 -.35
01[09:58] {@Threei} Long Setup:  IWM  .90 break
01[09:59] {@Threei}  If holds  .80
01[10:00] {@Threei}  Invalidated
[10:00] {jfjf64} x one more leg down
[10:00] {nemo} x .60ish
01[10:00] {@Threei}  yeah, watching that one
[10:01] {jfjf64} our entry yest
[10:01] {jfjf64} .80
[10:03] {dino} pcrx sm l .03
[10:04] {dino} x gap fill
[10:04] {nemo} @.41 dino
[10:04] {dino} crayon
[10:05] {dino} :)
[10:05] {nemo} magic marker
01[10:06] {@Threei} Long Setup:  AIG  .55 break
01[10:06] {@Threei}  If holds  .45
[10:06] {nemo} BBBY
[10:07] {dino} out pcrx .61, +.58
01[10:14] {@Threei}  stop .49
[10:15] {dino} hclp hl l .44
[10:16] {nemo} TWTR
[10:19] {nemo} aapl dying
[10:19] {nemo} dow stocks toast
[10:20] {dino} stopped crzo .40 -.04
[10:21] {dino} not crzo, hclp
[10:21] {nemo} spy below yesterday's lows
[10:21] {dino} hclp working that june gap 51 area
[10:21] {jfjf64} short day
[10:22] {jfjf64} x getting hit
[10:22] {dino} theres nemos gap
[10:24] {nemo} .75 a level on BBBY
[10:25] {RonS} tick bouncing
[10:28] {RonS} from -sub1000 to now +330
[10:29] {RonS} back to -335  stopping now...it's all over the place...
[10:30] {nemo} see what happens when the Jews aren't trading
[10:30] {jfjf64} lol
01[10:38] {@Threei} Long Setup:  X  .50 break
01[10:38] {@Threei}  If holds  .40
01[10:43] {@Threei}  nop
[10:43] {dino} pcrx sm l .00
[10:44] {jfjf64} liquid lunch
[10:45] {dino} crzo sm l .90
01[10:46] {@Threei}  misread market this morning
01[10:46] {@Threei}  was in buy the dip mode, which is off today
[10:46] {ese} ing ladies and gents......hopfully will be back next week.....smoked under at work.....crap load of stuff to do the words Hurricane and tornado come to mind
[10:47] {ese} morning
[10:47] {nemo} least u can do for the raise you extorted
01[10:47] {@Threei}  hey ese
[10:47] {ese} hey vad
01[10:47] {@Threei}  at least it's over
[10:48] {ese} ya...all for not really kinda pisses me off......the elementary people voted yes to return...there in for a big surprise
[10:49] {ese} once they find out they are getting no extra help in there classrooms
01[10:49] {@Threei}  if you voted no you'd be lynched
[10:49] {ese} Ig I even hear one of them complain I will tell them to "FO"
[10:49] {ese} if
[10:50] {ese} I did vote no
[10:50] {ese} stupid spineless idiots here
[10:51] {nemo} PUKE DAY!
01[10:51] {@Threei}  frikin X
[10:53] {dino} added feye jan calls
[10:53] {ese} Anyway.....catch ya monday eh.....
[10:53] {RonS} what strike dino?
[10:54] {dino} 33
[10:55] {dino} out pcrx .45 ave +.45
[10:57] {RonS} the biggest criminal in the country:  Justice Department official confirms Attorney General Eric Holder will announce his resignation later today
01[10:58] {@Threei}  not a minute too soon
[10:58] {dino} out crzo .28, +.38
[10:59] {RonS} gj
[10:59] {dino} ty
[10:59] {nathan} you're on fire dino!
[10:59] {dino} lucky
[11:00] {nathan} lucky u!
[11:00] {nathan} ;-)
[11:00] {dino} damn hclp, was waiting at 51.20, never made it
01[11:00] {@Threei} Long Setup:  X  .50 break
01[11:00] {@Threei}  If holds  .40
[11:00] {RonS} no nathan...have seen dino go +4 to +$8 on the day...that's fire
[11:01] {nathan} hehehe
01[11:01] {@Threei}  Invalidated
01[11:03] {@Threei}  valid again
01[11:03] {@Threei}  wow
01[11:03] {@Threei}  RCMP are warning parents after a bear was spotted on the grounds of Dunsmuir School in Colwood.
01[11:03] {@Threei}  I guess he is unhappy about strike end too
[11:03] {RonS} don't feed the bear?
[11:05] {RonS} delayed reaction...lol
01[11:06] {@Threei}  this is delayed? if dino laughs at my jokes within 30 min, I consider myself lucky
01[11:07] {@Threei}  then again... I consider myself lucky if anyone laughs at them at all
01[11:07] {@Threei}  still valid, X
01[11:08] {@Threei}  let's do it X
01[11:08] {@Threei}  take that offer
01[11:09] {@Threei}  and iksplode
[11:09] {dino} lol
01[11:10] {@Threei}  see?
01[11:12] {@Threei}  well X... mark that spot finally
01[11:13] {@Threei}  clear potential for 1:4 - 1:5
01[11:14] {@Threei}  Participants are scrambling around to explain this morning's sharp sell-off, citing a range of the usual excuses such as September volatility, hedge funds blowing up, liquidation of big institutional positions, violation of key technical levels and various geopolitical developments
01[11:14] {@Threei}  Some have even trotted out the old saw "sell on Rosh Hashanah, buy on Yom Kippur."
01[11:14] {@Threei}  With risk assets in freefall, there is no bigger safe haven this morning than the US Dollar
01[11:15] {@Threei}  remember my refrain "USD is about to become king again?"
[11:15] {RonS} some even quoting nemo?
[11:15] {nemo} X two way
01[11:15] {@Threei}  can you imagine the depth of desperation?
[11:15] {nemo} Gold is real money
01[11:15] {@Threei}  sound too
[11:16] {RonS} so 3 way = XXX?
01[11:16] {@Threei}  rofl
[11:16] {nemo} not bad Ron,,,need ese's "RIM" shot
[11:16] {RonS} oof
01[11:16] {@Threei}  I nominate this as best line of the day
[11:16] {nemo} no, mine was if you got it
[11:17] {dino} per drop
[11:19] {nemo} alot of hidden sells in X @ .50
[11:22] {dino} athm drop
01[11:24] {@Threei}  yes
01[11:24] {@Threei}  that's why when they are finally done it should eeksplode
01[11:25] {@Threei}  like blown up by accumulated pressure lid
01[11:25] {@Threei}  or broken dam
01[11:26] {@Threei}  now?
[11:26] {nemo} it's gonna pop if it goes
[11:26] {nemo} see
01[11:26] {@Threei}  popping it is
[11:26] {nemo} missed, my order was .52
01[11:27] {@Threei}  1:1
01[11:29] {@Threei}  1:2
[11:31] {nemo} BBBY not going up in this
01[11:33] {@Threei}  closed balance on a trail
01[11:35] {@Threei}  rinsed balance
01[11:35] {@Threei}  case against discipline :)
[11:35] {nemo} short X here
[11:37] {_sebab} out x .75 full ty
[11:37] {dino} sn hl l .46
[11:43] {RonS} silly but read the comments:  http://www.theonion.com/articles/foodshaming-fork-vibrates-when-users-dont-pause-be,37011/?utm_source=Twitter&utm_medium=SocialMarketing&utm_campaign=Default:1:Default
01[11:44] {@Threei}  yw
01[12:05] {@Threei}  watching X for the last rinse and long from under .30
01[12:16] {@Threei} Long Setup:  VXX  .10 break
01[12:16] {@Threei}  If holds  30
01[12:19] {@Threei}  1:1
[12:20] {nathan} thx 3i
01[12:20] {@Threei}  yw
01[12:21] {@Threei}  Ron, my favorite is “I’ll just buy two so I can switch back and forth.”
[12:22] {nathan} SWFT
[12:25] {jfjf64} go baby
01[12:25] {@Threei}  1:2
01[12:25] {@Threei}  love the panic
[12:25] {_sebab} i like you style threei
[12:25] {jfjf64} sto[p where
[12:25] {jfjf64} ??
01[12:25] {@Threei}  market in panic mode is my favorite
01[12:26] {@Threei}  .19 jf... what's with you, forgot tha basics?? :)
01[12:26] {@Threei}  thanks sebab... (I have style?)
[12:26] {_sebab} lol. holding for more than 1:3?
01[12:27] {@Threei}  no
01[12:27] {@Threei}  1:3 will be enough
[12:27] {_sebab} k ty
[12:27] {nemo} little early for capitulation
[12:28] {nathan} die SWFT
01[12:29] {@Threei}  I met a personal stylist once, asked about my style. She fainted
01[12:29] {@Threei}  1:3
01[12:29] {@Threei}  me out
[12:29] {jfjf64} great trade
01[12:30] {@Threei}  ty
[12:30] {_sebab} yes, very nice
[12:31] {nemo} I'm trailing
01[12:34] {@Threei}  1:4
01[12:34] {@Threei}  nice nemo
[12:34] {jfjf64} go nemo
[12:34] {nemo} frickin' insulting "nice" nemo...WTF!
01[12:35] {@Threei}  ummm... did I just put "nice" and "nemo" on one line?
01[12:35] {@Threei}  sorry... so sorry...
[12:35] {nemo} go drink yer Cumis
[12:35] {_sebab} the package at my door stop ticking. can i open now, nemo?
[12:36] {nemo} out .39
[12:36] {nemo} oh well
[12:36] {nemo} watch, I had just upped it from .34, wanna' bet that holds?
[12:36] {nemo} damn...let me send you a new one
[12:40] {nathan} gotta leave your 4 today
[12:40] {nathan} have fun
[12:40] {RonS} pure douche:  Obama says Ebola response needs to be "like a marathon, but run at the pace of a sprint
01[12:40] {@Threei}  take care nathan
01[12:41] {@Threei}  yesterday you left too early as we had more good ones :)
[12:41] {nemo} ebola can be cured with nuclear warheads
[12:42] {nemo} and napalm
[12:42] {nemo} love the smell of napalm in the morning
[12:42] {nemo} if market stays weak appl likely a short at 99
[12:45] {nemo} market is aapl right now
[12:50] {nemo} WDC
[13:08] {RonS} dino wcg
[13:15] {dino} hmm
[13:16] {RonS} late now...
[13:17] {dino} 07 green scroll
[13:36] {RonS} FBI Director Comey: Agency believes it has identified militant seen in beheading videos; won't release name - @ABC http://bit.ly/1rw6Xb3
[13:44] {nemo} vxx
[13:52] {dino} lod
[13:52] {jfjf64} vxx
01[13:55] {@Threei}  .25 was VXX trigger... nemo, can you be more precise next time?
01[13:55] {@Threei}  .35, sorry
[13:59] {dino} c'mon, give us a quick drop
[14:03] {dino} the naz is down close to 4% in about 5 days, that has been the buy area for about a year now
01[14:05] {@Threei}  will be s good test whether it's still the case
01[14:05] {@Threei}  my thinking is, it is
01[14:09] {@Threei} Long Setup:  IWM  .20 break
01[14:09] {@Threei}  If holds  .10
[14:09] {dino} same here 3i, still bull market
[14:11] {dino} adding vxx puts
[14:12] {nemo} IWM two way
01[14:18] {@Threei}  1:1
[14:19] {dino} qqq gap 95.50 area
[14:22] {dino} whoa, pcrx drop
[14:31] {troub} getting to be an afternoon habit
[14:31] {dino} out pcrx .64, +.64
01[14:31] {Threei}  no kidding
[14:31] {nemo} Chinese Hackers
01[14:31] {Threei}  at least quick restoration became possible
[14:31] {dino} good to hear its not just me
01[14:32] {Threei}  no
01[14:32] {Threei}  (G7) G7 issues statement on Ebola and Ukraine; condemns violations of ceasefire in Ukraine - Syria needs political transition- Russia needs to meet its commitments under the Minsk agreement- Committed to helping Ukraine rebuild its economy- Prepared to implement more sanctions on Russia- Prepared to help Ebola stricken countries and avoid isolating them
[14:32] {RonS} great...spread it around the world...
01[14:33] {Threei}  this is equality, right?
01[14:33] {Threei}  liberal heart bleeds of thought that they will suffer alone
[14:34] {nemo} anybody notice how that virus hitting kids all over the US kinda' coincided with the South American influx
[14:35] {RonS} ...while they send others into the darkness
01[14:36] {Threei}  1:2
[14:36] {nemo} that's probably it...iwm just about touched VWAP
[14:36] {nemo} why pay up today
01[14:36] {Threei}  day that looked so grim in the morning is largely fixed
[14:37] {nemo} what? did you have a mirror in front of your monitor?
01[14:37] {Threei}  "did"?
01[14:38] {Threei}  I still do... ever since sebab indocated that I have style
01[14:38] {Threei}  I am trying to discern it
[14:38] {RonS} hilarious
[14:38] {nemo} what?
01[14:38] {Threei}  wife made at least 3 derisive comments already
[14:38] {dino} no reflection in mine
01[14:38] {Threei}  one being, T-Rex had style too
[14:39] {nemo} and u see dead people Dino
[14:39] {nemo} Tommy Bolin?
[14:39] {dino} yeah, still do
[14:39] {nemo} nice talent for ancillary income
[14:40] {nemo} I make dead people
[14:40] {dino} lol
[14:40] {nemo} I'm in the soul transition field
[14:42] {nemo} Might help my father transition today...trying to get him ready for his Doctor's appointment is like herding cats!!!
[14:42] {dino} thats a tough situation
[14:42] {nemo} the slide to childhood
01[14:46] {Threei}  1:3
01[14:46] {Threei}  will try for 1:4
[14:47] {_sebab} do you wait to sell last 1/4 or split that as well?
01[14:48] {Threei}  just trailing
01[14:48] {Threei}  to under 1:2 now
[14:48] {_sebab} ok
01[14:49] {Threei}  but if you have enough shares and want to protect more of profit, split further
01[14:58] {Threei}  closed
01[15:15] {Threei} Long Setup:  FB  .45 break
01[15:15] {Threei}  If holds  .35
01[15:25] {Threei}  nah
[15:26] {dino} sn stop -.31
01[15:33] {Threei}  which way last move...
01[15:36] {Threei} Long Setup:  IWM  .30 break
01[15:36] {Threei}  If holds  .20
01[15:39] {Threei}  half out
01[15:39] {Threei}  stop .24
01[15:39] {Threei}  .29 now
01[15:43] {Threei}  run baby, run
01[15:43] {Threei}  got last direction right
01[15:43] {Threei}  want a few more cents out of it
01[15:43] {Threei}  maybe playing SPY itself was a better idea
01[15:44] {Threei}  IWM lags a bit
01[15:44] {Threei}  overall, not entirely unhappy with the day, repaired morning performance nicely
01[15:44] {Threei}  or rather, lack of such
[15:50] {dino} calling it a day, ty all
01[15:50] {Threei}  take care dino
[15:50] {dino} u2
[15:51] {_sebab} ty threei good day all
01[15:52] {Threei}  you too
01[15:52] {Threei}  thank you all, have a good evening
01[15:52] {Threei}  see you tomorrow

Wednesday, September 24, 2014

Sept 24 2014

Clean reversal setup on X, and that's after 1:4 on FB and 1:3 on CCL. Day worth waking up for


With a few more wins after that, ended up being one of the best days in September.


Session Time: Wed Sep 24 00:00:00 2014

[09:04] {dino} gm
01[09:04] {@Threei}  dino!
[09:04] {RonS} gm...all hail the beater of the little white ball...
01[09:04] {@Threei}  welcome back
01[09:04] {@Threei}  ron :)
[09:05] {dino} thx all
[09:13] {troub} good morning
01[09:13] {@Threei}  troub :)
[09:17] {jfjf64} morni all
01[09:17] {@Threei}  jf :)
01[09:17] {@Threei}  (FR) France PM Valls: ISIS has sights on entire Middle East
01[09:21] {@Threei}  fairly meek gap so far
01[09:21] {@Threei}  Upside: -LPCN +45% (positive top-line results for Phase 3 study of LPCN-1021)-MACK +20% (deal with BAX for MM-398, $100M upfront & $470M in milestones)-RITT +24% (no news seen/maybe IPO glow)-ICLD +15% (announced $24.6M in new business backlog)-GDOT +15% (GoBank checking account launches exclusively at WMT)-INO +13% (Ebola vaccine moving into human trials with GeneOne Life Science)-ACOR +8% (acquiring Civitas Therapeutics for $525M in cash)-STRZA +6% (financial press reports that the company hired investment bankers to explore sale of the company)-BBBY +5.4% (earnings & guided Q3 Rev +2.8-3.7% y/y; SSS +2-3%)
01[09:22] {@Threei}  Downside:-ECTE -75% (liquidity concerns; company lacks ability to fund operations past 9/30)-ATOS -50% (FDA has issued a determination that the ForeCYTE Breast Aspirator is "not substantially equivalent" to its predicate device)-GTI -20% (cuts FY14 EBITDA, improves new initiatives on cost structures to improve profitability)-KBH -6.3% (earnings)-AIR -5% (earnings)-SDLP -5.4% (offering 8M units)
01[09:25] {@Threei}  FB doesn't follow even this little gap... watching for possible short
01[09:30] {@Threei} Short Setup: FB  .30 break hl
01[09:30] {@Threei}  If holds  .40
01[09:31] {@Threei}  1:1
[09:31] {_sebab} quick scalp ty
01[09:31] {@Threei}  1:2
01[09:31] {@Threei}  yw
01[09:31] {@Threei}  nice when they make advance warning
01[09:31] {@Threei}  1:3
01[09:31] {@Threei}  1:4
01[09:32] {@Threei}  I am so out
[09:32] {dino} gj
01[09:32] {@Threei}  ty
[09:32] {nemo} sometimes I regret not trading the first 15 minutes
[09:32] {RonS} SKX industry data out.. SportsScan.. Big neg
[09:33] {nemo} we're due for a bounce or hold in a small range day
[09:34] {nathan} gm gents
01[09:34] {@Threei}  nathan :)
01[09:35] {@Threei}  man... couldn't you come in 5 min earlier?
[09:35] {nathan} i'd love too
[09:35] {nathan} you did a 1:4?
01[09:35] {@Threei}  yes
[09:35] {nathan} glad to hear
[09:35] {nathan} :-)
[09:36] {nathan} now another one
01[09:36] {@Threei}  CCL on radar for pullback entry
01[09:37] {@Threei}  IWM too
[09:37] {nemo} It's Wednesday, where's that slouch Dino
01[09:38] {@Threei}  lift your eyes a few lines
[09:38] {nemo} oh.....nevermind
01[09:38] {@Threei}  CCL, no pullback
01[09:41] {@Threei} Short Setup: CCL  41 break
01[09:41] {@Threei}  If holds  .05
01[09:41] {@Threei} Long Setup:  IWM  .30 break
01[09:41] {@Threei}  If holds  .20
[09:42] {dino} lol
01[09:43] {@Threei}  1:1  CCL
[09:43] {nathan} thx 3i!
01[09:43] {@Threei}  yw
[09:44] {dino} added some athm calls
[09:48] {jfjf64} ya still in ccl
01[09:49] {@Threei}  half
[09:49] {jfjf64} k
[09:49] {jfjf64} me too
[09:49] {jfjf64} stop?
01[09:49] {@Threei}  41.01
[09:49] {jfjf64} 41
[09:49] {jfjf64} k
01[09:50] {@Threei}  let's trail to .96
01[09:51] {@Threei}  1/4 more out .82
01[09:51] {@Threei}  to .91
[09:54] {dino} athm sm l .40
01[09:54] {@Threei}  TWTR...
01[09:55] {@Threei}  CCL baby
01[09:55] {@Threei}  give us 1:3
[09:56] {jfjf64} die ccl
01[09:56] {@Threei}  1:3
01[09:57] {@Threei}  me out
[09:57] {_sebab} gj
01[09:57] {@Threei}  me happy
[09:57] {nathan} nice great job!
[09:57] {_pamsv} nice one
01[09:57] {@Threei}  too bad TWTR exploded without us
[09:57] {nemo} X week
01[09:57] {@Threei}  as if someone inserted a fuse in its backside
[09:57] {nemo} weak
[09:58] {dino} evhc drop
[09:58] {jfjf64} gjob ccl
01[09:58] {@Threei}  ty
[09:58] {jfjf64} you've done this before
01[09:58] {@Threei}  couple times
01[09:58] {@Threei}  still learning though
[09:58] {nemo} who X really having troubles
[09:58] {jfjf64} meetoo
[09:58] {nemo} whoa
01[09:59] {@Threei}  don't see any fresh news on X
01[09:59] {@Threei}  *(US) AUG NEW HOME SALES: 504K V 430KE
[10:03] {_sebab} X going for gap fill?
[10:03] {nemo} yeah, likely
01[10:04] {@Threei}  bounce should be close
01[10:04] {@Threei}  one more leg down
[10:05] {nemo} BBBY break higher
[10:06] {nemo} gap fill 67.90ish
01[10:07] {@Threei}  ugh
[10:07] {nathan} wow TWTR
01[10:07] {@Threei}  missed TWTR double top short
[10:08] {nathan} i did it :-)
01[10:08] {@Threei}  thing just goes through trigger levels too fast, no chance to form setup
01[10:08] {@Threei}  good job
[10:08] {nathan} done for today
[10:08] {dino} gj
[10:08] {nathan} dont want to spoil the day
[10:08] {nathan} cya tomorrow
01[10:08] {@Threei}  had you come 5 min earlier, you would be done for the week
01[10:08] {@Threei}  take care :)
[10:09] {nathan} take guys
[10:09] {nathan} care
[10:09] {jfjf64} x
01[10:10] {@Threei}  one more sharp drop
01[10:10] {@Threei}  and I get interested
[10:10] {dino} me too
[10:10] {jfjf64} mee too
[10:10] {dino} 41.70s
01[10:14] {@Threei} Long Setup:  X  .45 break
01[10:14] {@Threei}  If holds  .35
[10:14] {dino} yeah, not going to get the fill
01[10:15] {@Threei}  change to .40 break
01[10:15] {@Threei}  If holds  .30
01[10:18] {@Threei}  touched 1:1, no fill
01[10:19] {@Threei}  stop to .34
01[10:20] {@Threei}  1:1
01[10:20] {@Threei}  by the book from here
01[10:22] {@Threei}  1:2
[10:22] {dino} x sm l .50
01[10:26] {@Threei}  1:3
01[10:26] {@Threei}  me out
[10:27] {jfjf64} wonderful
[10:27] {jfjf64} trade
[10:27] {dino} gj
01[10:27] {@Threei}  ty
[10:27] {jfjf64} seems like done before
[10:28] {jfjf64} gjob
[10:29] {jfjf64} what made ya think wasn't gonna get fill
[10:29] {dino} out x .80, +.30
[10:29] {jfjf64} nice
[10:37] {nemo} things getting quiet quickly
01[10:38] {@Threei}  visual: http://tradinglog.realitytrader.com/2014/09/sept-24-2014.html
[10:59] {nemo} X working to the gap
[11:24] {nemo} Roshashana effect here
01[11:28] {@Threei} Long Setup:  VXX  .65 break
01[11:28] {@Threei}  If holds  .60
01[11:29] {@Threei}  picking safe plays
01[11:30] {@Threei}  nah
[11:30] {nemo} volume gonna drop off this afternoon we'll float up
01[12:08] {@Threei}  US equity trading has been choppy this morning, after the SPY futures tested their 50-day moving average after cash close yesterday. The S&P500 briefly tumbled below key technical level 1980 this morning, and has since bounced higher
[12:24] {nemo} ADBE
01[12:56] {@Threei} Short Setup: CCL  .80 break
01[12:56] {@Threei}  If holds  .90
01[13:08] {@Threei}  nope
01[13:08] {@Threei}  profit reservation procedure is in order
01[13:09] {@Threei}  http://blog.realitytrader.com/2011/10/profit-how-do-you-handle-it.html
[13:12] {dino} mtn drop
[13:13] {RonS} ski run?
[13:13] {dino} lol
02[13:51] * Disconnected
Session Close: Wed Sep 24 13:51:42 2014

Session Start: Wed Sep 24 13:51:42 2014
Session Ident: #discussions
02[14:01] * Attempting to rejoin channel #discussions
03[14:01] * Rejoined channel #discussions
03[14:02] * Retrieving #discussions modes...
[14:09] {troub} .
01[14:09] {@Threei}  your internet is ok guys? a lot of sites went down around here
[14:10] {troub} I was off.
[14:10] {_sebab} ok here
01[14:10] {@Threei}  not just room server... news wire, skype, some websites
01[14:10] {@Threei}  like there is a large scale outage
01[14:15] {@Threei} Long Setup:  IWM  .70 break
01[14:15] {@Threei}  If holds  .60
[14:18] {RonS} lol...  Woman Worried Student Loans Could Prevent Her From One Day Owning Entirely Different Kind Of Crippling Debt http://onion.com/1quWLKl
01[14:19] {@Threei}  hmm?
01[14:20] {@Threei}  ah, theonion
01[14:21] {@Threei}  crap, I need to look at the name of the site before wondering... :)
[14:21] {RonS} lol...was gonna say would let nemo explain it to you...
01[14:26] {@Threei}  1:1
[14:27] {_sebab} used TNA ty threei
01[14:27] {@Threei}  :)
01[14:27] {@Threei}  do you find corresponding levels on TNA or just use IWM trigger as timing signal?
[14:27] {_sebab} the latter
01[14:28] {@Threei}  got it
[14:28] {nemo} spy is actuall 200.27 because of the dividend
01[14:29] {@Threei}  1:2
[14:36] {_sebab} cant get feed for CYBR. anybody?
[14:39] {nemo} seller 42 X
01[14:40] {@Threei}  fresh IPO?
01[14:41] {@Threei}  no quotes here eother
[14:41] {nemo} I do
[14:41] {nemo} lots
[14:41] {nemo} 26.60
[14:45] {nemo} wow sso not shortable today
[15:09] {_sebab} FB ascending triangle
01[15:18] {@Threei}  missed another 1:2, jf
01[15:18] {@Threei} Long Setup:  FB  .50 break
01[15:18] {@Threei}  If holds  .40
01[15:23] {@Threei}  1:1
[15:27] {_sebab} one more push above .63
06[15:27] * @Threei kicks FB in the rear
01[15:27] {@Threei}  like this?
[15:27] {_sebab} yeah :)
06[15:28] * @Threei kicks FB in the rear with heavy duty steel toe army boots
[15:33] {_sebab} almost
01[15:33] {@Threei}  did I mix up rear and front?...
[15:34] {nemo} spy hit .70, that's likely the top in the indexes
[15:34] {_sebab} that could be bad in other situations...
[15:35] {_sebab} nemo how you see CYBR quote?
[15:35] {nemo} 27.3
[15:36] {_sebab} broker i mean, sry
[15:36] {nemo} Nonko
[15:43] {jfjf64} what did I miss
[15:43] {jfjf64} after ya posted chart of x thought ya closed up shop
01[15:43] {@Threei}  [14:15] {@Threei} Long Setup: IWM .70 break
01[15:43] {@Threei}  [14:15] {@Threei} If holds .60
01[15:43] {@Threei}  1:2er
[15:44] {jfjf64} great day
[15:44] {jfjf64} ty
01[15:44] {@Threei}  i don't close shop without saying bye first :)
01[15:44] {@Threei}  because I am polite... unlile nemo
[15:45] {jfjf64} my quick bite to eat turned into liquid lunch
01[15:45] {@Threei}  ah
01[15:45] {@Threei}  lol
[15:45] {_sebab} chron's disease?
01[15:52] {@Threei}  ok guys, thank you all
01[15:53] {@Threei}  have a great evening
01[15:53] {@Threei}  see you tomorrow
[15:53] {_sebab} ty threei good day
[15:53] {jfjf64} ty
01[15:53] {@Threei}  :)

Tuesday, September 23, 2014

Sept 23 2104

A few too many rinses, as right ideas were jerked around. Some good plays, but overall, finishing slightly negative



Session Time: Tue Sep 23 00:00:00 2014
[09:17] {troub} good morning
01[09:18] {@Threei}  troub :)
[09:19] {jfjf64} morning all
01[09:19] {@Threei}  jf :)
01[09:23] {@Threei}  Upside:
01[09:23] {@Threei}  -RWLK +11% (announced reimbursement coverage by major German insurance company)
01[09:23] {@Threei}  -TKMR +8.5% (joined int'l consortium to conduct Ebola trials)
01[09:23] {@Threei}  -SLXP +6.6% (reports that AGN in advanced talks to acquire the company)
01[09:23] {@Threei}  -CF +5% (confirmed merger of equals talks with Yara International)
01[09:23] {@Threei}  -HLF +3.3% (Carl Icahn has not sold any of his position - from Fox's Gasparino)
01[09:23] {@Threei}  Downside:
01[09:23] {@Threei}  -ASNA -11% (earnings)
01[09:23] {@Threei}  -KMX -6.3% (earnings)
01[09:23] {@Threei}  -AZN -5.1% (new inversion rules)
01[09:23] {@Threei}  -ABBV -4.9% (new inversion rules)
01[09:23] {@Threei}  -XLRN -4% (no patients being enrolled in second part of dalantercept monotherapy trial for ovarian cancer)
01[09:23] {@Threei}  -SHPG -4% (new inversion rules)
01[09:23] {@Threei}  -MDT -3.8% (new inversion rules)
01[09:23] {@Threei}  -SNN -3.3% (new inversion rules)
01[09:32] {@Threei} Short Setup: FB  .20 break hl
01[09:32] {@Threei}  Invalidated
01[09:32] {@Threei} Short Setup: FB  .30 break hl
01[09:32] {@Threei}  Invalidated
01[09:34] {@Threei} Short Setup: TWTR  .50 break hl
01[09:34] {@Threei}  ugh... too sat
01[09:34] {@Threei}  fast
01[09:34] {@Threei}  teleported
01[09:34] {@Threei}  so did FB
[09:35] {nemo} ADBE
01[09:36] {@Threei} Short Setup: YHOO  .30 break
01[09:36] {@Threei}  If holds  .40
[09:36] {nemo} this thing trading off BABA
[09:37] {RonS} baba loo'd
[09:38] {nemo} problem is underwriters will be supporting BABA for a couple of weeks
01[09:38] {@Threei}  1:1
01[09:43] {@Threei} Long Setup:  TWTR  .50 break
01[09:43] {@Threei}  If holds  .40
01[09:45] {@Threei}  *(US) SEPT PRELIMINARY MARKIT MANUFACTURING PMI: 57.9 V 58.0E -
01[09:45] {@Threei}  no go
01[09:46] {@Threei} Long Setup:  ADBE  .45 break
01[09:47] {@Threei}  If holds  .35
01[09:48] {@Threei}  TWTR rinse
01[09:50] {@Threei}  let's tighten ADBR to .39
01[09:50] {@Threei}  not liking this stall
01[09:51] {@Threei}  sheesh TWTR
01[09:51] {@Threei}  why did you do that
01[09:52] {@Threei}  (US) Preview: Sept Richmond Fed Manufacturing Index expected at 10:00 ET (14:00 GMT) - Consensus expectations: 10e v 12 prior
[09:54] {nemo} day likely to be rangebound after last couple of days of selling
01[09:56] {@Threei}  1:1  ADBE  close enough
01[09:56] {@Threei}  half out
01[09:59] {@Threei}  *(US) SEPT RICHMOND FED MANUFACTURING INDEX: 14 V 10E
01[10:02] {@Threei} Long Setup:  WMT  .90 break
01[10:02] {@Threei}  If holds  .80
01[10:04] {@Threei}  1:2  ADBE
01[10:04] {@Threei}  crawled to second target, lol
01[10:09] {@Threei}  Invalidated  WMT
[10:10] {jfjf64} took it
01[10:11] {@Threei}  ?
01[10:11] {@Threei}  took what?
[10:12] {jfjf64} wmt
01[10:12] {@Threei}  it never triggered
[10:12] {_sebab} it went to .92 after you posted
01[10:13] {@Threei}  what the deuce
01[10:13] {@Threei}  never saw any break over .90
01[10:13] {@Threei}  something wrong with my quotes?
[10:14] {jfjf64} check it
[10:14] {jfjf64} maybe dirty glasses
01[10:15] {@Threei}  anyone else?
01[10:15] {@Threei}  no prints above .90 on the chart either
01[10:21] {@Threei} Long Setup:  RIG  .60 break
01[10:21] {@Threei}  If holds  .50
01[10:21] {@Threei}  1:3  ADBE
01[10:22] {@Threei}  out in full
[10:29] {jfjf64} spy killin us
01[10:30] {@Threei}  I don't see RIG connected to SPY much
[10:31] {jfjf64} common baby
[10:38] {nemo} ADBE
[10:39] {nemo} it held this down swing
[10:39] {jfjf64} yes
01[10:39] {@Threei}  might have more in it
[10:40] {nemo} need spy to stop falling
01[10:40] {@Threei}  no go RIG
01[10:42] {@Threei} Short Setup: CAT  .80 break
01[10:42] {@Threei}  If holds  .90
01[10:44] {@Threei}  Invalidated
01[10:49] {@Threei} Long Setup:  YHOO  .70 break
01[10:50] {@Threei}  If holds  .60
01[10:52] {@Threei}  [GLMD] Announces FDA Approval of Fast Track Designation of Aramchol for the Treatment of NASH Announced today that the U.S. Food and Drug Administration, or the FDA, approved its request for Fast Track Designation of its product candidate, aramchol, for the treatment of Non-Alcoholic Steato-Hepatitis, or NASH. -
01[10:52] {@Threei}  stop to .64
01[10:53] {@Threei}  meh
01[11:03] {@Threei}  wtf
01[11:03] {@Threei}  another rinse
[11:06] {jfjf64} cat
01[11:06] {@Threei} Long Setup:  IWM  .15 break
01[11:06] {@Threei}  If holds  .05
01[11:10] {@Threei}  grrr
01[11:10] {@Threei}  hate today
[11:13] {jfjf64} cat
[11:13] {jfjf64} I re entered .80
01[11:13] {@Threei}  covered yet?
[11:14] {jfjf64} 1/4
[11:14] {jfjf64} left
01[11:14] {@Threei}  ok
01[11:14] {@Threei}  what do you mean RE-entered?? did it trigger first time??
01[11:14] {@Threei}  if yes, then I do have some problem with quotes
01[11:15] {@Threei}  anyone?
[11:15] {_sebab} cat no trigger here first time
01[11:15] {@Threei}  ok... whew
[11:15] {jfjf64} no here either
01[11:16] {@Threei}  thought of grabbing baseball bat and going to lunch with broker
[11:16] {jfjf64} lol
[11:18] {jfjf64} fb high /day
01[11:25] {@Threei}  European indices were broadly weaker this morning, dragging down US futures and setting up for a third consecutive session of equity losses in New York. Indices ran back into positive territory in the first hour of trading, however they have dropped right back into the red mid morning.
01[11:25] {@Threei}  With Congress unlikely to act on tax reform anytime soon, the Treasury has changed the way it interprets tax law in an attempt to unilaterally make inversions "substantially less appealing."
01[11:36] {@Threei} Long Setup:  IWM  .30 break
01[11:37] {@Threei}  If holds  .20
01[11:37] {@Threei}  this just has to be trend change and market going positive
[11:37] {nemo} gonna' be a range day
01[11:37] {@Threei}  doesn't feel this way to me
01[11:38] {@Threei}  feels like bear slaughter coming
01[11:39] {@Threei}  1:1
[11:45] {jfjf64} fb machine
[11:55] {nemo} DDD have news?
[11:56] {RonS} piper thinks they got an unexpected 6-8 mil order from gm...
01[11:56] {@Threei}  DDD Hearing strength attributed to Piper Jaffray comments indicating the company could have been awarded a contract valued at up to $8M by GM
[11:56] {RonS} ...guessing they want to speed up productivity and print defects faster...
[11:57] {nemo} AAPL looks long but not breakout time
01[12:08] {@Threei} Short Setup: FB  .85 break
01[12:08] {@Threei}  If holds  .95
01[12:10] {@Threei}  two-sided
[12:14] {_sebab} short trigger there?
[12:14] {_sebab} nevermind
01[12:16] {@Threei}  yes
[12:19] {RonS} Ray Rice domestic abuse scandal sends ‘terrible message’ to youth, Education Secretary Arne Duncan...oh, you mean the demographic that conducts "the knockout game"?
[12:26] {_sebab} sad game
01[12:26] {@Threei}  1:1
01[12:26] {@Threei}  no kidding... game of disgusting imbeciles
01[12:43] {@Threei}  no clear plays at the moment, waiting
02[12:48] * Disconnected
Session Close: Tue Sep 23 12:48:23 2014

Session Start: Tue Sep 23 12:48:23 2014
Session Ident: #discussions
02[12:58] * Attempting to rejoin channel #discussions
03[12:58] * Rejoined channel #discussions
03[12:58] * Retrieving #discussions modes...
01[13:01] {@Threei}  server hiccup
01[13:04] {@Threei}  the rest of the gang is in the coma?
01[13:05] {@Threei} Long Setup:  VXX  29 break
01[13:05] {@Threei}  If holds  .90
[13:07] {_pamsv} :)
01[13:13] {@Threei}  1:1
01[13:13] {@Threei}  sheesh... guys can't connect still? server is up and running
01[13:17] {@Threei}  (US) President Obama: Govt will issue new emissions target in the early part of next year - UN climate summit
[13:31] {nemo} things looking down
[13:33] {nemo} well, nope
01[13:33] {@Threei}  no
01[13:33] {@Threei}  something kept SPY from further crash
01[13:33] {@Threei}  too bad, hoped to get more than scalp from VXX
[13:33] {nemo} spy and the finnies tested their lows
[13:38] {nemo} finnies not bouncing much nor iwm
[13:48] {nemo} finnies letting go
01[14:12] {@Threei} Long Setup:  IWM  .45 break
01[14:12] {@Threei}  If holds  .35
01[14:19] {@Threei}  come on market, reversal time
[14:20] {nemo} SPY wants 198
01[14:20] {@Threei}  I have this feeling it won't
01[14:21] {@Threei}  this is spring coiling
[14:21] {nemo} cue Ron
02[14:23] * Disconnected
Session Close: Tue Sep 23 14:23:27 2014

Session Start: Tue Sep 23 14:23:27 2014
Session Ident: #discussions
02[14:26] * Attempting to rejoin channel #discussions
03[14:26] * Rejoined channel #discussions
01[14:27] {@Threei}  frikin server
01[14:27] {@Threei}  what's with this instability today
01[14:28] {@Threei}  and IWM too
01[14:28] {@Threei}  look at this rinse
01[14:28] {@Threei}  hate this kinf of days
01[14:28] {@Threei}  idea is right, entries get rinsed
03[14:29] * Retrieving #discussions modes...
01[14:40] {@Threei} Long Setup:  IWM  .40 break
01[14:40] {@Threei}  If holds  .30
01[14:40] {@Threei}  this just has to be it
01[14:41] {@Threei}  agree nemo?
[14:42] {_sebab} lol
[14:43] {_sebab} not yet
01[14:43] {@Threei}  if triggered, would have been
01[14:43] {@Threei}  now will have to form new setup
[14:43] {nemo} no algo...takes nothing to push the indexes down
01[14:43] {@Threei}  see, all setups are conditional
01[14:44] {@Threei}  IF this and this happens, that and that is likely to follow
[14:48] {nemo} no volume coming in anywhere, easy to push spy under 198
[14:48] {nemo} who is gonna' buy now?
01[14:52] {@Threei}  see who?
[14:54] {nemo} we might just get a puke into the close
[14:54] {nemo} got spy 50 day down around .80
01[14:56] {@Threei}  this 198 -.20 range will decide probably
01[14:57] {@Threei}  break of 198 can trigger a crash easily
01[15:00] {@Threei}  up...
01[15:00] {@Threei}  ok, waiting for pullback for a good entry
[15:00] {nemo} not today
01[15:01] {@Threei}  that same frikin .40 was
01[15:01] {@Threei}  grr
01[15:06] {@Threei} Long Setup:  IWM  .45 break
01[15:06] {@Threei}  If holds  .35
[15:09] {_sebab} ok to use TNA?
01[15:09] {@Threei}  yes, it's just a tad more volatile
01[15:09] {@Threei}  so adjust shares accordingly
[15:09] {_sebab} thanks
[15:10] {nemo} yeah, 3 times
01[15:14] {@Threei}  ok... let's do mountain drive, IWM
01[15:14] {@Threei}  .70 - .80 easy
01[15:17] {@Threei}  1:2
[15:18] {nemo} you mean 1:1?
01[15:18] {@Threei}  yes
01[15:18] {@Threei}  1:1
01[15:18] {@Threei}  I am practicing :)
[15:18] {nemo} puke time
[15:18] {_sebab} practice 1:5
[15:18] {_sebab} :)
[15:19] {nemo} you Sebulba's cousin?
[15:19] {_sebab} i hope nemo wrong
[15:20] {nemo} finnies on lows, other indexes look bear flaggish
[15:23] {nemo} oh shit, forgot about the dividend in SPY Friday morning
01[15:23] {@Threei}  IWM looks to me like driving toward .70, at least
[15:23] {nemo} spy is actually .90 higher
[15:24] {_sebab} the trade stopped at .45 recross?
[15:24] {_sebab} just double check
01[15:25] {@Threei}  I held it'it was such a quick touch and immediate bounce, I don't sell in such cases
01[15:25] {@Threei}  1:2
[15:25] {_sebab} ok. too bad i did
01[15:26] {@Threei}  it's a discretionary decision
01[15:26] {@Threei}  don't get ipset much, discipline is not something to regret
[15:26] {_sebab} im ok :)
01[15:32] {@Threei}  can't say I am happy with today
01[15:32] {@Threei}  too many rinses
01[15:37] {@Threei}  here is .705
01[15:37] {@Threei}  .75
01[15:37] {@Threei}  1:3
[15:38] {_sebab} good job
01[15:38] {@Threei}  ty... just wish it was cleaner
01[15:39] {@Threei}  a bit too jerky, no nice smooth easy to read and utilize action
[15:39] {_sebab} maybe tomorrow
01[15:39] {@Threei}  should get to 1:4
01[15:39] {@Threei}  15:14] {@Threei} .70 - .80 easy
[15:45] {_sebab} ty see you
01[15:53] {@Threei}  thank you all
01[15:53] {@Threei}  have a good evening, see you tomorrow

Monday, September 22, 2014

Sept 22 2014

Nice day with some jerky action but enough good trades to make it worthwile. Finishing with 1:3 and 1:2 back to back didn't hurt.


Session Time: Mon Sep 22 00:00:00 2014

[09:14] {RonS} good morning gents
01[09:15] {@Threei}  morning Ron
01[09:18] {@Threei}  (EU) ECB's Draghi: Recovery in the eurozone is losing momentum, unemployment is unacceptably high, risks are clearly to the downside
[09:18] {troub} good morning
01[09:19] {@Threei}  troub :)
[09:22] {jfjf64} morni
01[09:22] {@Threei}  jf :)
[09:30] {kikesan} morning
01[09:30] {@Threei}  kikesan :)
01[09:31] {@Threei}  Upside:
01[09:31] {@Threei}  -VIAS +45% (being acquired by TTMI for $368M)
01[09:31] {@Threei}  -SIAL +35% (being acquired by Merck KGaA for $140/shr)
01[09:31] {@Threei}  -CNET +14% (recognized as best Chinese internet company at the China Gateway conference)
01[09:31] {@Threei}  -TKMR +8% (established regulatory framework for Ebola drug)
01[09:31] {@Threei}  -NETE +15% (broker commentary)
01[09:31] {@Threei}  Downside:
01[09:31] {@Threei}  -CRR -8.8% (guides Qs proppant sales similar to Q1)
01[09:31] {@Threei}  -INVN -3% (broker cut from Baird)
01[09:32] {@Threei} Short Setup: FB  77 break
01[09:32] {@Threei}  If holds  .10
01[09:32] {@Threei}  1:1 in a blink of a second
01[09:34] {@Threei} Long Setup:  TWTR  .40 break
01[09:34] {@Threei}  If holds  .30
01[09:35] {@Threei}  let's do hl, a bit spready still
01[09:35] {@Threei}  nah
01[09:38] {@Threei} Long Setup:  IWM  .05 break
01[09:38] {@Threei}  If holds  .95
01[09:38] {@Threei}  Invalidated
01[09:39] {@Threei} Long Setup:  IWM  113 break
01[09:39] {@Threei}  If holds  .90
01[09:40] {@Threei}  Invalidated
01[09:41] {@Threei} Long Setup:  FB  .15 break
01[09:41] {@Threei}  1:1
01[09:41] {@Threei}  fast...
01[09:44] {@Threei} Long Setup:  FB  .95 break
01[09:44] {@Threei}  If holds  .88
01[09:45] {@Threei}  1:1
[09:45] {kikesan} guau
01[09:46] {@Threei}  1:2
01[09:50] {@Threei} Long Setup:  IWM  113 break
01[09:50] {@Threei}  If holds  .90
01[09:50] {@Threei}  nice doji
01[09:52] {@Threei}  stop to .94
01[09:52] {@Threei}  touched 1 cent from 1:1
[09:52] {kikesan} YHOO  long .01 if holds .89?
[09:53] {kikesan} invalidated
01[09:55] {@Threei}  meh
01[09:59] {@Threei} Long Setup:  TWTR  .40 break
01[09:59] {@Threei}  If holds  .30
01[10:00] {@Threei}  *(US) AUG EXISTING HOME SALES: 5.05M V 5.20ME
01[10:00] {@Threei}  *(EU) EURO ZONE SEPT ADVANCE CONSUMER CONFIDENCE: -11.4 V -10.5E
01[10:00] {@Threei}  no go
01[10:06] {@Threei} Long Setup:  INTU  .75 break hl
01[10:06] {@Threei}  If holds  .65
01[10:07] {@Threei} Long Setup:  P  26 break
01[10:07] {@Threei}  If holds  .90
01[10:08] {@Threei}  1:1  INTU
01[10:08] {@Threei}  P two-sided
[10:09] {kikesan} one question Vad
[10:10] {kikesan} INTU has very low volumen today. is it ok to scalp anyway?
01[10:10] {@Threei}  that's why hl
01[10:10] {@Threei}  and its volume today is much higher than usual
[10:11] {kikesan} sorry, what does that mean (hl)?
01[10:11] {@Threei}  half lot
01[10:12] {@Threei}  you've read isntructions at http://www.realitytrader.com/tradingroom/#instructions?
01[10:12] {@Threei}  it has room slang and abbreviations
[10:12] {kikesan} ok. understood now. that makes sense!!
[10:12] {kikesan} thanks Vad
01[10:12] {@Threei}  sure thing
[10:15] {kikesan} YHOO .49 short
01[10:16] {@Threei}  1:1  P  close enough
01[10:16] {@Threei}  half out
01[10:16] {@Threei}  or scalp if you prefer
01[10:16] {@Threei}  hard to tell if it has more
01[10:16] {@Threei}  I'll do half for now
01[10:16] {@Threei}  YHOO nice
[10:17] {nemo} CAT
[10:17] {kikesan} yes, but I dind't know where put my stop and i did'nt trade :-(
[10:18] {kikesan} I saw that could be a good short, but I didn't complete the setup, jejeje
01[10:20] {@Threei}  1/4 more out P
01[10:20] {@Threei}  stop .86 for the last part
01[10:22] {@Threei}  1:2
01[10:22] {@Threei}  stpp to .81
01[10:25] {@Threei}  1:3
01[10:25] {@Threei}  out
01[10:25] {@Threei}  finally decent one
01[10:31] {@Threei} Long Setup:  TWTR  .90 break
01[10:31] {@Threei}  If holds  .80
01[10:32] {@Threei}  Invalidated
01[10:34] {@Threei} Short Setup: GLD  .60 break
01[10:34] {@Threei}  If holds  .70
01[10:39] {@Threei}  Invalidated
[10:46] {jfjf64} fb
[10:46] {jfjf64} bounce time
[10:46] {jfjf64}  /
[10:46] {jfjf64} ?
01[10:47] {@Threei}  .80 break
01[10:47] {@Threei}  if holds .70
[10:47] {jfjf64} yea
01[10:47] {@Threei}  if loses it, same setup .70 - .60
01[10:51] {@Threei}  chsnge to .65 break
01[10:51] {@Threei}  If holds  .57
01[10:51] {@Threei}  valid still
[10:53] {jfjf64} he we go
[10:54] {jfjf64} lol
01[10:54] {@Threei}  Invalidated
[10:54] {jfjf64} yes
01[11:02] {@Threei} Long Setup:  IWM  .40 break
01[11:02] {@Threei}  If holds  .30
01[11:11] {@Threei}  kikesan, see private message please
01[11:16] {@Threei}  no go
[11:17] {jfjf64} tough mkt
01[11:20] {@Threei} Long Setup:  TWTR  .80 break
01[11:20] {@Threei}  If holds  .70
01[11:22] {@Threei}  .1
01[11:22] {@Threei}  1:1
[11:24] {kikesan} BABA moment
[11:27] {kikesan} a lot of spread
01[11:28] {@Threei}  1:2
01[11:28] {@Threei}  closed last part on a trail
[11:45] {nemo} AAPL looks short here below .25
01[11:47] {@Threei} Short Setup: TWTR  .60 break
01[11:47] {@Threei}  If holds  .70
01[12:00] {@Threei}  cover half
01[12:01] {@Threei}  stop .61
01[12:03] {@Threei}  1:1
01[12:22] {@Threei}  fish says hello
01[12:23] {@Threei}  his computer is on the way to his new korean digs, will pop up when it arrives
01[12:23] {@Threei} Long Setup:  FB  .30 break
01[12:24] {@Threei}  If holds  .20
01[12:36] {@Threei}  no go
[12:39] {nemo} YHOO oops
[12:39] {nemo} too late
[12:40] {nemo} https://www.youtube.com/watch?v=niPTEPyJk5c
01[12:43] {@Threei}  rinse
01[12:45] {@Threei}  switching to pullbacks
01[12:52] {@Threei}  IWM
01[12:52] {@Threei}  ugh... wanted it from under .40
01[12:52] {@Threei}  bounced too fast
01[12:59] {@Threei} Long Setup:  IWM  .40 break
01[12:59] {@Threei}  If holds  .30
01[13:02] {@Threei}  Invalidated
01[13:05] {@Threei}  vaidd again
01[13:11] {@Threei}  no go
01[13:11] {@Threei}  backing off, patterns stopped working
01[13:26] {@Threei} Long Setup:  FB  .30 break
01[13:26] {@Threei}  If holds  .20
01[13:27] {@Threei}  a bit too fast
01[13:28] {@Threei}  1:1
01[13:49] {@Threei} Long Setup:  IWM  .50 break
01[13:49] {@Threei}  If holds  .40
01[13:49] {@Threei}  this should be a start of a larger upward move
01[14:01] {@Threei}  come on
[14:01] {nemo} not on a trend down day
[14:01] {nemo} couldn'
[14:01] {nemo} get back to vwap on any index
01[14:02] {@Threei}  this was classing trend reversal setup
01[14:02] {@Threei}  ckassic
01[14:02] {@Threei}  classic
[14:02] {_sebab} lol
01[14:02] {@Threei}  there... I made it
01[14:02] {@Threei}  just on a third attempt
01[14:03] {@Threei}  look at all the long consolidation under .50, from about 2 hours back
01[14:08] {@Threei}  (US) President Obama plans to announce new tools to fight climate change at the summit tomorrow - White House press secretary
01[14:08] {@Threei}  hammer with ice in the handle?
[14:09] {nemo} taxes
[14:13] {RonS} get a load of this...dem guv here...tight race...says to public if he loses he will pardon a convicted killer of 6 people...
01[14:13] {@Threei}  eeck
[14:22] {RonS} 4 were teenagers as was he...Chuck E Cheese murders...they had to close the biz after...
01[14:38] {@Threei}  market is ready for a bounce, me thinks
01[14:38] {@Threei} Long Setup:  IWM  .35 break
01[14:38] {@Threei}  If holds  .25
[14:41] {nemo} two way now?
01[14:41] {@Threei}  no
01[14:41] {@Threei}  not interested in shorting so far
01[14:45] {@Threei}  1:1
01[14:50] {@Threei}  .50 break should get us to 1:2 in a hurry
[14:50] {nemo} or it comees back to test the breakout
01[14:56] {@Threei}  OK, enoug digesting done, time to break
01[14:56] {@Threei}  and run
01[14:56] {@Threei}  fly
01[14:56] {@Threei}  crawl
01[14:56] {@Threei}  whatever, just get to 1:5
01[15:02] {@Threei}  1:2
01[15:13] {@Threei}  that's all?... oh well
01[15:13] {@Threei}  waiting for another long setup
01[15:13] {@Threei}  there has to be one more today
01[15:18] {@Threei}  pamsv, look private message pls
01[15:19] {@Threei} Long Setup:  FB  .50 break
01[15:19] {@Threei}  If holds  .40
01[15:25] {@Threei}  go FB
01[15:25] {@Threei}  run
01[15:25] {@Threei}  fly
[15:25] {jfjf64} lol
01[15:25] {@Threei}  rocket
01[15:25] {@Threei}  explode
01[15:25] {@Threei}  no, wrong spelling
01[15:25] {@Threei}  iksplode
01[15:25] {@Threei}  yes, this is right one
01[15:26] {@Threei}  1:1
[15:26] {jfjf64} keep typing
01[15:26] {@Threei}  hehe
[15:26] {jfjf64} likes it
[15:26] {_pamsv} :)
01[15:26] {@Threei}  you try to type with swimming fins on your hands
01[15:27] {@Threei}  it's all nemo's fault... he was silly enough to say I couldn't type while wearing them, and I was stupid enough to sat "challenge accepted"
01[15:27] {@Threei}  say
[15:28] {jfjf64} this position blotter is great
01[15:28] {@Threei}  told you
[15:28] {jfjf64} logix
[15:28] {jfjf64} takes thinkin out
01[15:28] {@Threei}  one of those features that make you feel loved by software designers
01[15:29] {@Threei}  and don't we all love feeling loved... even nemo
[15:29] {jfjf64} blast off fb
01[15:29] {@Threei}  {FB} for this ritual to work, you need to do a rain dance in pink tutu
[15:30] {jfjf64} that's what im wearing
01[15:31] {@Threei}  hmmm
01[15:31] {@Threei}  maybe wrong shade of pink...
[15:31] {jfjf64} shade is fine
[15:32] {jfjf64} breath
01[15:33] {@Threei}  1:2
01[15:33] {@Threei}  almost
01[15:33] {@Threei}  practicing
[15:33] {jfjf64} milk this one
01[15:34] {@Threei}  pretty much all that is left
01[15:34] {@Threei}  nit enough time for one more
01[15:34] {@Threei}  not'
01[15:36] {@Threei}  1:2
[15:38] {jfjf64} sittin with 1/4 left
[15:38] {jfjf64} ty
[15:39] {jfjf64} stop .60
01[15:41] {@Threei}  :)
[15:41] {jfjf64} out
01[15:41] {@Threei}  good one to finish day with
01[15:42] {@Threei}  knew there had to be a run at the eod
[15:42] {jfjf64} I d say
[15:42] {RonS} wtf?  Wesleyan University orders fraternities to admit female members
[15:42] {RonS} ...beam me up Scotty
01[15:42] {@Threei}  lol
01[15:44] {@Threei}  1:3
01[15:47] {@Threei}  dino has one last day of vacation tomorrow, we need to get as much money from the market as we can before he returns and grabs it all
01[15:58] {@Threei}  thank you all
01[15:58] {@Threei}  have a good evening, see you tomorrow
[15:59] {_pamsv} thanks - see you
[16:03] {jfjf64} good night



Friday, September 19, 2014

Market Week Wrap-up

TradeTheNews.com  Weekly Market UpdateScotland Stays, Alibaba Goes



The DJIA and the S&P500 saw fresh all-time highs on Thursday and most global markets (with the glaring exceptions of Shanghai and the Hang Seng) closed on Friday just off their highs of the week. As equities gained ground the 10-year UST yield saw ten-week highs around 2.66% on Thursday. With risk assets on fire, many commentators speculated whether this week's monster Alibaba IPO could be a symbolic top in markets, while others looked at the ominously weak inaugural TLTRO auction as a sign of very deep dysfunction in Europe. Meanwhile, China's seemingly benign downturn has taken a turn for the worse, prompting a more direct response on the part of the PBoC, which unveiled a CNY500 billion standing liquidity facility (SLF) provision for the nation's top five banks. Scotland gave London a scare as polls showed the independence referendum was too close to call, but ultimately voted to remain in the UK. For the week, the DJIA rose 1.7%, the S&P500 gained 1.3% and the Nasdaq added 0.3%.

Heading into Wednesday's Fed decision, there were expectations that the FOMC might drop the "extended period" language in order to prepare the way for its exit strategy. Instead, Fed Chair Yellen again highlighted in her press conference that the Fed's language has always been conditional and data-dependent, and said the Fed's views about the outlook had not changed much, which meant that there was little need to adjust the wording. While the Fed statement and Yellen's press conference could hardly be called hawkish, changes to the dot chart clearly suggested a greater willingness to tighten policy in 2015 and 2016. Another surprise was the release of a general outline of principles for the process of normalizing policy, which included the statement that interest on excess reserves (IOER) would be the primary tool for moving the fed funds rate and overnight repos would be a secondary tool for moving rates.

On Thursday the ECB disclosed lenders borrowed a mere €82.6 billion in four-year loans from its new TLTRO facility, falling well short of expectations for take-up of €133 billion. Bond yields dropped and the euro slipped on speculation that the very weak showing in the centerpiece of the ECB's big June effort at policy action increased the likelihood of the central bank launching more measure next year to stave off deflation, possibly including full-fledged QE (aka sovereign bond buying). German bunds fell to fresh all-time lows around 1.04% on Friday.

Scottish voters rejected independence (45% for Yes vs 55% for No) on Thursday, choosing to remain part of the United Kingdom. Alex Salmond, one of the driving figures behind the anti-UK forces, resigned as Scotland's First Minister following the defeat. UK Chancellor Osborne had said that if Scotland voted "No," the UK government would devolve more powers to Scotland, powers which could amount to effective home rule. UK PM Cameron is expected to make an announcement soon regarding an overhaul of local governance in Britain, while the Labor Party is calling for a constitutional convention.

The Ukraine Parliament passed a new law granting rebel-controlled regions of eastern Ukraine self-rule and offering amnesty to anti-government fighters. The measures are in line with the ceasefire agreement signed by President Poroshenko in early September. Meanwhile, fighting continued all week in hotspots in the east, most notably as rebels tried to force government forces away from the Donetsk airport. There were also reports of shelling and troop movements around Mariupol. Poroshenko was in Washington this week, asking for financial and military aid for his country. "We cannot fight a war with blankets," he said in his address to a joint session of Congress.

The Alibaba IPO frenzy dominated headlines later in the week. It priced at $68 on Thursday and opened at $92.70 on Friday morning. Shares quickly jumped to $99.70 before settling back to about $92 in afternoon trading. In the IPO the company raised $21.8 billion, for the largest IPO in the history of the US stock market, and that figure could rise to $25 billion with overallotments. Alibaba's total market cap is around $228 billion, making it bigger than Amazon, Intel, or IBM. Yahoo stands to make more than $10 billion on the IPO, as it plans to sell around 5% of its 22.4% stake. Japanese wireless carrier Softbank owns more than a third of the shares, a stake worth over $70 billion.

Sales of the new Apple iPhone began on Friday, although some of the shine was taken off possible volumes by a report that the new model may not be sold in China this year. The story said Apple failed to reach an agreement with the country's Ministry of Industry and Information Technology this month, which might push the launch of the iPhone 6 in China to 2015. In addition, there were reports that Apple would unveil two new iPad models and release of OS X Yosemite on October 21st.

Steel names gained on strong guidance ahead of earnings season out of US Steel, Nucor and Steel Dynamics. US Steel said it would not proceed with a planned expansion at its iron ore pellet operations in Minnesota. As a result, US Steel said to expect Q3 results significantly higher than current consensus EPS estimates. Nucor offered very strong Q3 results and also cited good market conditions. Steel Dynamics said strength in automotive, manufacturing, energy, and construction markets continue to improve.

Oracle CEO Larry Ellison stepped out of the CEO role, naming his two top executives, President Mark Hurd and CFO Safra Catz, to co-CEO roles. The announcement called some volatility in the stock, but on the conference call Ellison indicated the promotion was essentially in name only as he will remain at the company as chairman and CTO and said the three of them "will keep doing what we have been doing." Oracle's Q1 EPS and revenue missed expectations once again, and guidance for the second quarter wasn't great.

Shares of Rite Aid tanked 17% this week after the firm cut its FY15 forecast. Ironically, Rite Aid reported a second quarter profit nearly four times higher than a year ago on decent comps. However, the company warned it would see a decline in the pharmacy margin in the second half of the fiscal year.

On the M&A front, Dutch brewer Heineken was approached by SABMiller about a potential takeover, however Heineken's controlling family, which owns just over 50%, said it wanted to keep the company independent. There were separate reports that AB InBev was discussing financing options for a bid for SABMiller, although later reports said the financing was not for an SABMiller buy. Microsoft confirmed that it will pay $2.5 billion to acquire gaming developer Mojang, the firm behind the wildly popular game Minecraft. Rackspace shares cratered after it announced it had ended a months-long strategic review process and concluded it would remain independent.

In FX, the euro was stable though the first half of the week, with EUR/USD range bound around 1.2900. The very unsatisfactory TLTRO auction slammed the single currency down to 1.2835. Heading into the last days ahead of the Scotland vote, polls tilted toward the no vote, helping to strengthen the pound. Lows of the week in GBP/USD were around 1.6160, but by close of voting on Thursday the pair had moved up to 1.6520.

China's August economic data was worrying: industrial output growth slumped to its lowest rate in nearly six years, as electricity generation fell for the first time since 2009. Retail sales also slowed to a four-month low, while fixed asset investment contracted by 14% y/y to its lowest level in 2.5 years. Later in the week, August property prices registered a fourth consecutive m/m decline in 68 out of 70 cities. The PBoC's CNY500 billion SLF liquidity was a direct response to the data, and was estimated as the equivalent of a 50bps cut in the Reserve Requirement Ratio. The following day, PBoC also lowered the offered 14-day repo yield by 20bps to 3.50% - the lowest level since early 2011 - in a bid to further boost liquidity. Analysts have differed on the implications of these actions, as some suggested these reflect a more pronounced easing bias while others saw a diminished likelihood of an across-the-board reserve requirement cut. For the week, the Shanghai Composite closed down 0.1%.

- On Friday, the Japan cabinet office cut its September monthly economic assessment for the first time in 5 months. Officials pointed to soft private consumption, which remains weighed down by the April sales tax increase with an added headwind of rough weather over the past several weeks. On Friday, Japan PM Abe promised to continue with structural reforms, while also hinting at another corporate tax rate cut in 2015. Broad-based post-FOMC US dollar strength throughout the week pushed the USD/JPY exchange rate by another 2 big figures above the ¥109 level, helping Nikkei225 to a 2.4% weekly gain.






Sept 19 2014

Started with a few stops, then corrected the day with a few 1:3ers. Choppy week, with all the large scale events.

Session Time: Fri Sep 19 00:00:00 2014
[09:14] {kikesan} Good Morning
01[09:14] {@Threei}  morning kikesan
[09:16] {RonS} howdy y'all
01[09:16] {@Threei}  ron :)
[09:16] {troub} good morning
[09:16] {kikesan} High volumen in YHOO, because BABA IPO
[09:17] {nathan} what's up gents
01[09:17] {@Threei}  troub, nathan :)
[09:17] {nemo} amigo
[09:17] {kikesan} Leading the call options volumen as well
[09:17] {nathan} amiguete
[09:17] {nemo} amiga?
[09:18] {nathan} nope, i'm not a switched :-)
[09:20] {jfjf64} morning all
01[09:20] {@Threei}  jf :)
01[09:21] {@Threei}  strike is over
01[09:21] {@Threei}  ese is saved
[09:21] {nemo} the world is lost
[09:23] {RonS} what were the terms?
01[09:24] {@Threei}  7.5% increase over 6 years
[09:24] {nemo} BABA bid supposedly 95
01[09:25] {@Threei}  when does it start?
[09:26] {RonS} hearing w/in minutes
[09:26] {kikesan} When is the moment when we can short an IPO?
[09:26] {kikesan} is it regulated?
[09:26] {RonS} think 7-10 days
01[09:27] {@Threei}  when your broker has inventory for it
[09:27] {kikesan} and nobody can?
[09:28] {RonS} nyse waffling on baba open
[09:28] {kikesan} But I imagine that broker asign a "hard to borrow", isn't it?
01[09:29] {@Threei}  Upside:
01[09:29] {@Threei}  -MCOX +10% (earnings)
01[09:29] {@Threei}  -INVN +4.2% (components used in iPhone 6)
01[09:29] {@Threei}  -CNQR +19% (to be acquired by SAP)
01[09:29] {@Threei}  -PDEX +27% (earnings)
01[09:29] {@Threei}  -DRC +12% (reports Siemens may be preparing a bid of at least $85/shr)
01[09:29] {@Threei}  -JBLU +5% (announced CEO change)
01[09:29] {@Threei}  -GLNG +4.6% (Tier 1 firm raises price target)
01[09:29] {@Threei}  Downside:
01[09:29] {@Threei}  -ORCL -2.5% (earnings/CEO change)
01[09:29] {@Threei}  -TIBX -3.8% (earnings)
01[09:29] {@Threei}  -RHT -1.9% (earnings)
01[09:29] {@Threei}  -BXMT -2.3% (Prices 8M shares of common stock for gross proceeds of $222.8M)
01[09:29] {@Threei}  -TSLA -2.9% (chatter analysts believe Tesla needs ~$6B in upcoming capital raise)
01[09:29] {@Threei}  -QRHC -40% (prices 9M share offering at $1.99)
01[09:29] {@Threei}  -SAP -3.8% (to acquire CNQR for $129/sh in $8.3B deal)
01[09:29] {@Threei}  -ESI -18% (amends credit agreement; lowered due to credit requirements from the DoE)
01[09:29] {@Threei}  -CRR -7.3% (Goldman Sachs Cuts CRR to Sell from Neutral)
01[09:32] {@Threei} Long Setup:  FB  .20 break
01[09:32] {@Threei}  If holds  .15
01[09:33] {@Threei}  meh
01[09:37] {@Threei} Short Setup: EBAY  .80 break
[09:37] {jfjf64} ya there 3i
01[09:37] {@Threei}  If holds  .90
[09:37] {jfjf64} k
01[09:37] {@Threei}  ?
01[09:38] {@Threei}  no, I went to sleep 7 min after open
01[09:41] {@Threei}  no go
01[09:47] {@Threei} Long Setup:  AIG  56 break
01[09:48] {@Threei}  If holds  .90
01[09:49] {@Threei} Long Setup:  IWM  .80 break
01[09:49] {@Threei}  If holds  .70
01[09:53] {@Threei}  grrr
[09:55] {nathan} Long ORCL .85 break
01[09:56] {@Threei}  not my morning
[09:58] {nemo} AIG
[09:58] {kikesan} neither do i
[09:59] {kikesan} I like movement and volatility but not so, jejeje
01[10:00] {@Threei}  *(US) AUG LEADING INDEX: 0.2% V 0.4%E
01[10:00] {@Threei}  BABA NYSE: first price indications will go out shortly, systems are operating normally
[10:01] {nemo} AIG looks long break of .95
01[10:11] {@Threei} Long Setup:  YHOO  .70 break
01[10:12] {@Threei}  If holds  .60
01[10:12] {@Threei}  Invalidated
01[10:12] {@Threei}  change to .65 break
01[10:12] {@Threei}  .c .55
01[10:12] {@Threei}  If holds  .55
[10:13] {nemo} should get to .45
01[10:13] {@Threei}  Invalidated
[10:13] {nemo} alright .46
01[10:16] {@Threei} Long Setup:  YHOO  .55 break
01[10:16] {@Threei}  If holds  .45
01[10:17] {@Threei}  1:1
01[10:17] {@Threei}  1:2
01[10:17] {@Threei}  finally
01[10:19] {@Threei}  1:3
01[10:19] {@Threei}  closed in full
01[10:23] {@Threei} Short Setup: PRU  94 break
01[10:23] {@Threei}  If holds  .10
[10:27] {nemo} YHOO again
[10:27] {jfjf64} little battle
01[10:27] {@Threei}  SPY dive
01[10:29] {@Threei}  nope
[10:30] {nemo} LVS
01[10:41] {@Threei}  frikin PRU
[10:43] {nemo} DDD buyer 49.10
01[10:47] {@Threei} Long Setup:  YHOO  .70 break
01[10:47] {@Threei}  If holds  .60
01[10:50] {@Threei}  I guess this is one of those days when I can't pour water out of the boot with instructions printed on the heel
[10:52] {jfjf64} ready
01[10:59] {Threei} Long Setup:  PRU  .80 break
01[10:59] {Threei}  If holds  .70
01[11:04] {Threei}  half out
[11:06] {nemo} aapl might be short in 102 area
[11:07] {kikesan} definitively, this day is a crazy day!!
[11:07] {nemo} no
01[11:07] {Threei}  1:1
[11:08] {nemo} fall of 2008 was crazy
[11:08] {kikesan} y'r right
[11:09] {cosmo} wow silver...
01[11:09] {Threei}  gold too
01[11:10] {Threei}  world is not falling apart (again)
[11:10] {cosmo} deflation coming?
[11:10] {nemo} only if you're not buying housing fuel or food
01[11:11] {Threei}  compartmentalized, I think
01[11:11] {Threei}  pure safe haven plays are doomed
[11:11] {cosmo} hmm
[11:12] {cosmo} like Si?
[11:12] {nemo} I miss those Limit Down opens
[11:14] {nemo} guess I was right about aapl
01[11:15] {Threei}  gold is dead, silver is less dead, us dollar is king once again
[11:15] {cosmo} seems odd
01[11:15] {Threei}  why?
01[11:15] {Threei}  very sensible
[11:16] {cosmo} its being counterfitted
01[11:16] {Threei}  maybe not from zerohedgers point of view
01[11:16] {Threei}  so what?
01[11:16] {Threei}  currencies are relative
01[11:16] {Threei}  EU is half dead
01[11:16] {Threei}  Euro is stillborn
01[11:17] {Threei}  gold is useless as currency, and can be used as haven play for the disaster scenarion,
01[11:17] {Threei}  but disaster is staved off
01[11:17] {Threei}  meanwhile, world trade goes on,
01[11:17] {Threei}  world currency is needed,
01[11:17] {Threei}  got any alternative to USD?
[11:18] {cosmo} so 'bad' is not the 'worst', so it goes up
01[11:18] {Threei}  it's the skinniest girl in fatty camp, yes
[11:18] {RonS} lol
[11:18] {cosmo} yea... i like skinny
[11:20] {nemo} CAT for technical bounce
01[11:20] {Threei}  hmmm
01[11:21] {Threei}  feels under .50 first
[11:22] {nemo} LVS looks short
[11:22] {nemo} hate shorting in the hole though
[11:23] {nemo} always get screwed
[11:26] {nemo} missed CAT
01[11:27] {Threei}  from under .50 was perfect
[11:27] {nemo} S3 was .49
01[11:27] {Threei} Long Setup:  YHOO  .20 break
01[11:27] {Threei}  If holds  .10
[11:28] {nemo} oy that'll trade off BABA
01[11:29] {Threei}  come on
[11:29] {RonS} wicked volume yhoo
01[11:29] {Threei}  7 cents was all it could do?
01[11:33] {Threei} Long Setup:  VXX  .10 break
01[11:33] {Threei}  If holds  27
01[11:35] {Threei}  1:1
01[11:35] {Threei}  this "sell 50%" function is too good
[11:37] {jfjf64} ??
[11:37] {nemo} Logix trade software
01[11:37] {Threei}  in Positions blotter, right click on the line with your position
[11:37] {jfjf64} im using it
01[11:37] {Threei}  pop up menu has options
01[11:37] {Threei}  sell 50%
01[11:37] {Threei}  sell 100%
01[11:38] {Threei}  just click when ready, it executes
01[11:38] {Threei}  if you do 1/2, 1/4, 1/4 routine, first two times elect 50%, last time 100
01[11:38] {Threei}  if it hits stop, hit 100%
01[11:39] {Threei}  it's a market order, so do it only on thick stocks
01[11:39] {Threei}  got it jf?
[11:40] {jfjf64} lookin now
[11:41] {jfjf64} very nice
[11:42] {kikesan} jajaja
[11:42] {jfjf64} who taught ya that
01[11:42] {Threei}  I am self-taught
01[11:42] {Threei}  no one teaches me
[11:42] {jfjf64} lol
01[11:42] {Threei}  my wife tried but she too gave up
01[11:43] {Threei}  said I was incorrigible
[11:43] {jfjf64} I still cant draw lines on charts support res
01[11:43] {Threei}  and added something about being easier to teach a bear to dance on the ball, not sure what it was about
[11:44] {jfjf64} can ya draw on ya charts
01[11:44] {Threei}  is this enabled yet?
01[11:45] {Threei}  not sure when this function comes out, this version or next
[11:45] {jfjf64} or scroll to left when on chart
01[11:45] {Threei}  I didn't really ask since I don't do that
[11:45] {jfjf64} very hard to trade on
01[11:45] {Threei}  why do you need to scroll? just zoom in and out
01[11:46] {Threei}  with mouse wheel
01[11:46] {Threei}  or +/-
[11:48] {jfjf64} nemo ya lvs grinding down
[11:49] {nemo} another one I didn't want to short in the hole
[11:52] {jfjf64} lunch for me see all later
[11:53] {jfjf64} if not Monday ty vad
01[12:02] {Threei}  1:2
[12:05] {kikesan} 1:25 in BABA
[12:05] {kikesan} it is a joke, sorry
[12:05] {nemo} kichi gai
01[12:05] {Threei}  1:3
01[12:06] {Threei}  out
[12:10] {kikesan} I imagine thata BABA is prohibited for us, as spread is huge
[12:18] {kikesan} Bye. Have a good weekend!!! Thanks.
01[12:19] {Threei}  take care kikesan
[12:23] {nemo} see yahoo trading with baba
01[12:33] {Threei} Long Setup:  YHOO  40 break
01[12:33] {Threei}  If holds  .90
01[12:34] {Threei}  1:1
[12:35] {RonS} back
01[12:36] {Threei} Long Setup:  YHOO  .80 break
01[12:36] {Threei}  If holds  .70
01[12:36] {Threei}  Invalidated
01[12:39] {Threei} Long Setup:  YHOO  .60 break
01[12:39] {Threei}  late
01[12:39] {Threei}  nevermind
01[12:40] {Threei}  ugh
01[12:40] {Threei}  this was a good one
01[12:52] {Threei} Long Setup:  VXX  .40 break
01[12:52] {Threei}  If holds  .30
01[13:10] {Threei}  1:1
01[13:17] {Threei}  1:2
01[13:36] {Threei}  lol
01[13:36] {Threei}  Overheard: "Well, if Scotland had voted for independence from the U.K., what would have kept Canada from breaking away from the U.S.?"
[14:23] {cosmo} Wha?...Scotland still not free?
[14:23] {cosmo} i was naping
01[14:23] {@Threei}  lol
[14:24] {cosmo} :)
01[14:27] {@Threei} Long Setup:  IWM  .15 break
01[14:28] {@Threei}  If holds  .05
01[14:31] {@Threei}  Invalidated
01[14:42] {@Threei}  Putin considers plan to unplug Russia from the internet 'in an emergency'
[14:42] {RonS} ...that he is going to cause?
[14:43] {nemo} wonder if RIG gonna' go to 0
[14:45] {nemo} spy down a whole .84
01[14:45] {@Threei}  who else Ron
[14:46] {nemo} SPY just about completes VWAP run
01[14:54] {@Threei}  LOL:
01[14:54] {@Threei}  nostalgia aint what it used to be
[14:56] {RonS} think Yogi Berra said the same thing about "the past"...
[14:57] {RonS} out early here...good weekend to all
01[14:58] {@Threei}  take care ron
01[14:58] {@Threei}  I'll do the same with your permission
01[14:58] {@Threei}  have a good weekend guys, see you monday


Thursday, September 18, 2014

Aug 18 2014

Decent day, even though quite narrow and choppy


Session Start: Thu Sep 18 00:00:00 2014

01[09:19] {@Threei}  Upside:
01[09:19] {@Threei}  -MLHR +3.2% (earnings)
01[09:19] {@Threei}  -OXGN +4.0% (initiates phase II study of Fosbretabulin in Gastrointestinal Neuroendocrine Tumors
01[09:19] {@Threei}  HNSN +11% (positive study re: Sensei Robotic System)
01[09:19] {@Threei}  -SODA +3.6% (strength attributed to recirculating takeover chatter)
01[09:19] {@Threei}  -VVUS +15% (FDA Approval of STENDRA sNDA)
01[09:19] {@Threei}  -XXII +17% (acquires License for Cannabinoid Biosynthesis Genes, takes 25% stake in Anandia Laboratories Inc for $1.5M in cash and stock)
01[09:20] {@Threei}  -PWE +9.4% (earnings)
[09:20] {troub} good morning
01[09:20] {@Threei}  -LIVE +17% (acquires ModernEveryday.com)
01[09:20] {@Threei}  troub :)
01[09:20] {@Threei}  Downside:
01[09:20] {@Threei}  -PIR -11% (multiple brokerage downgrades)
01[09:20] {@Threei}  -EPR -3.4% (prices 3.2M share offering at $52.25)
01[09:20] {@Threei}  -FLXN -23% (announces Clinical Hold of FX006 Phase 2b Clinical Trial in Osteoarthritis of the knee)
[09:20] {jfjf64} morning all
01[09:20] {@Threei}  jf!
01[09:20] {@Threei}  welcome back
[09:20] {jfjf64} ty
01[09:21] {@Threei}  -RAD -8.4% (earnings)
01[09:21] {@Threei}  -MCHX -29% (cuts call-driven segment Rev forecast)
[09:24] {nemo} No lockup period on Alibaba IPO
01[09:24] {@Threei}  at all?
[09:24] {nemo} wonder if it gets Facebooked
01[09:24] {@Threei}  sell whenever you want?
01[09:25] {@Threei}  that's a lot of confidence
[09:25] {RonS} gm
[09:25] {nemo} this is a very mature company relative to the IPOs of the late 90s
01[09:25] {@Threei}  ron :)
01[09:25] {@Threei}  well, so was FB
[09:26] {nemo} not like this...didn't this start around the time of Ebay?
01[09:26] {@Threei}  hmmm... I thought good while later
[09:27] {nemo} 2003
[09:27] {nemo} this company is 21 years old
[09:27] {nemo} 111
[09:27] {nemo} 11
[09:27] {nemo} sheesh
[09:27] {nemo} I'm going back to bed
[09:27] {RonS} Dec 1998
[09:28] {nemo} Had a dream about a talking mouse
[09:28] {nemo} oh...I'm looking at TaoBao
01[09:32] {@Threei} Short Setup: FB  .90 break
01[09:32] {@Threei}  a bit late alert
01[09:32] {@Threei}  1:1, so no secondary entry
[09:33] {nemo} SNDK
01[09:33] {@Threei} Long Setup:  IWM  .30 break
01[09:33] {@Threei}  change to .20
01[09:33] {@Threei}  If holds  .10
[09:34] {nemo} it's testing yesterday's high
01[09:34] {@Threei}  nah
[09:34] {nemo} IWM was
01[09:34] {@Threei}  crap, FB
01[09:34] {@Threei}  nice 1:2, got away
01[09:35] {@Threei} Long Setup:  TWTR  .25 break
01[09:36] {@Threei}  If holds  .15
01[09:36] {@Threei}  change to .20 break
01[09:38] {@Threei}  meh
01[09:39] {@Threei}  oh come on
[09:39] {nemo} X
01[09:40] {@Threei}  mother...
01[09:43] {@Threei} Long Setup:  FB  .80 break
01[09:44] {@Threei}  If holds  .70
01[09:45] {@Threei}  Invalidated
01[09:46] {@Threei}  valid again
01[09:47] {@Threei}  and again not
[09:47] {nemo} couldn't get above vwap
01[09:47] {@Threei} Long Setup:  TWTR  .40 break
01[09:50] {@Threei}  stop .34
01[09:50] {@Threei}  1:1 was very quick
[09:51] {nemo} TWTR looks short
[09:51] {nemo} probably test VWAP
01[09:52] {@Threei}  FB again
01[09:52] {@Threei}  .80 break
01[09:52] {@Threei}  this time should finally trigger
01[09:54] {@Threei}  wow, still not
[09:54] {jfjf64} lol
01[09:54] {@Threei}  TWTR vlosed balance at .34
[09:58] {nemo} frig spy ex div tomorrow
[09:58] {nemo} have to use the IVV
[10:00] {jfjf64} fb
[10:00] {jfjf64} ?
01[10:01] {@Threei}  nah
01[10:01] {@Threei}  no way to tell
[10:03] {nemo} LVS
01[10:04] {@Threei}  lol FB
01[10:04] {@Threei}  this is real teaser today
[10:07] {nemo} LVS
[10:10] {nemo} indexes testing the highs
01[10:10] {@Threei}  X, watching for pullback
[10:11] {kikesan} morning
01[10:13] {@Threei}  kikesan :)
01[10:16] {@Threei}  a tad more X, please
01[10:16] {@Threei}  from under .40 would be ideal
01[10:18] {@Threei}  sigh
[10:19] {kikesan} What is the setup proposed for X?
[10:19] {kikesan} sorry
01[10:20] {@Threei}  pullback entry'
[10:20] {kikesan} ok
[10:21] {jfjf64} fb
[10:21] {jfjf64} lol
[10:25] {nemo} bounce time SNDK?
01[10:26] {@Threei} Long Setup:  VXX  .50 break
01[10:26] {@Threei}  If holds  .40
[10:30] {nemo} SNDK
[10:31] {nemo} bounce before .80
01[10:35] {@Threei}  chop chop chop
[10:36] {nemo} watching SNDK for VWAP bounce
[10:38] {jfjf64} ??
[10:38] {jfjf64} .80
[10:38] {nemo} .84 VWAP
[10:38] {nemo} if you can get .80 great, support at ..61
01[10:41] {@Threei}  (UR) Ukraine PM Poroshenko: Russia has invaded the Ukraine, Russia is fanning the flames of war - address to US Congress - Russia is a threat to global security, could next cross European borders, asks "who is next?"- Ukraine needs assistance in the form of military supplies- Requests special security status (highest level of relationship with NATO for a non member)
[10:43] {nemo} I have to remember to go to the liquor store the night before Quad Witching
02[10:47] * Disconnected
Session Close: Thu Sep 18 10:47:02 2014

Room server shutdown during which we traded in reserve room, got 1:3 on SNDK and couple scalps

Session Start: Thu Sep 18 10:47:02 2014
Session Ident: #discussions
02[12:57] * Attempting to rejoin channel #discussions
03[12:57] * Rejoined channel #discussions
03[12:58] * Retrieving #discussions modes...
[13:05] {troub} you back here now threei?
01[13:05] {@Threei}  yes
[13:05] {troub} small select group
01[13:06] {@Threei}  those who are awaken
01[13:17] {@Threei}  1:2  P
01[13:47] {@Threei} Long Setup:  PRU  .35 break
01[13:47] {@Threei}  If holds  .30
01[13:51] {@Threei}  meh
[14:08] {nemo} rinse
01[14:08] {@Threei}  well, dipped a bit too far for a rinse
01[14:08] {@Threei}  honest stop
[14:08] {nemo} ahhh
[14:09] {nemo} Qs
01[14:09] {@Threei}  it's when they tag a stop just enough to get us out and immediately bounce back up and proceed to the target when I start switching to Russian
01[14:10] {@Threei}  because you may question Russian contribution to the world history and culture in anything but swearing department
[14:10] {nemo} I don't
01[14:11] {@Threei}  I know. Yoy are a true connosier or however you spell that
01[14:19] {@Threei} Short Setup: FB  .80 break
01[14:19] {@Threei}  If holds  .90
[14:22] {nathan} what's up gents!
[14:24] {nemo} Dino would love AOL
01[14:24] {@Threei}  hey nathan
01[14:28] {@Threei}  die FB
01[14:28] {@Threei}  die more
[14:34] {nathan} is my computer or is everything frozen?
01[14:34] {@Threei}  hmmm
01[14:34] {@Threei}  no, things move
[14:35] {nemo} el computer loco
01[14:35] {@Threei}  FB is almost at target
[14:35] {nathan} ok
01[14:37] {@Threei}  half out
01[14:37] {@Threei}  stop .81
01[14:38] {@Threei}  closed
01[14:43] {@Threei}  BC Teachers Vote Today on Whether to Approve a Tentative Deal
01[14:43] {@Threei}  The 6 year deal includes a 7.25% wage increase.
[14:43] {nemo} hope they don't, kinda' enjoy the room without the Trotskyite
01[14:43] {@Threei}  many demand to say no since "it doesn't cover inflation rate"
[14:43] {RonS} ...the whole province been on strike, not just Victoria?
01[14:44] {@Threei}  if they reject the deal, I expect them to be lynched
01[14:44] {@Threei}  yes ron
01[14:44] {@Threei}  come on nemo, he is our Trotskyite
[14:44] {nemo} gotta' get the hammer eventually
[14:45] {RonS} wow, who was the rocket scientist that allowed such a construct...
[14:45] {nemo} I have an MBA and degrees in philosophy and advanced mayhem
01[14:47] {@Threei}  "If I wanted, in two days I could have Russian troops not only in Kiev, but also in Riga, Vilnius, Tallinn, Warsaw and Bucharest," Mr Putin allegedly told President Petro Poroshenko of Ukraine, reported Süddeustche Zeitung, a German newspaper.
[14:47] {nemo} I read that a couple of weeks ago
01[14:48] {@Threei}  no, that was another remark
01[14:48] {@Threei}  "two weeks to take Kiev"
[14:48] {nemo} AOL nuts
[14:48] {cosmo} I saw some in San Diego once
01[14:48] {@Threei}  Mr Putin's alleged threat bears similarities to remarks he made to Jose Manuel Barroso, the president of the European Commission, in which he warned: "If I want to, I can take Kiev in two weeks".
[14:49] {cosmo} They were on leave...I think
[14:50] {cosmo} They were Charger fans...they said
01[14:50] {@Threei}  they knew who charger was?
[14:51] {cosmo} ONe of them had on a #55 jursey...
[14:51] {cosmo} jersey
[14:53] {RonS} $AOL spike to new Hod on chatter of $YHOO M&A #Rumors
[14:53] {nemo} why buy AOL
[14:53] {RonS} misery loves company?
[14:55] {RonS} vsi gnc spike
01[14:57] {@Threei} Short Setup: PRU  .25 break
01[14:57] {@Threei}  If holds  .32
01[14:57] {@Threei}  14:53] {RonS} misery loves company? LOL
01[15:02] {@Threei}  Invalidated
01[15:18] {@Threei}  I have bad news and good news
[15:18] {nemo} Ese coming back huh?
01[15:18] {@Threei}  bad: tech guys still can't pinpoint the reason for these recent server hiccups
[15:19] {nemo} Chinese hackers
01[15:20] {@Threei}  good: I received an acess to the server so I will be able to restore the room much faster, since bulk of time was to get them to fix it, with time difference etc
01[15:20] {@Threei}  should take minutes now instead of hours, in cases when it's a hiccup and not complete shutdown
01[15:21] {@Threei}  and majority cases were just hiccups
01[15:22] {@Threei}  but you are right about hackers... website and e-mail was down yesterday for good two hours, massive DOS attack on hosting company
01[15:23] {@Threei}  and ese never went anywhere, he just wasn't able to be in the room with these pickets
01[15:24] {@Threei}  and don't pick on him... think about it: being unionized teacher, musician and married to unionized nurse, he had no chance {G}
[15:25] {nemo} they shoot horses, don't they?
01[15:25] {@Threei}  lol
[15:27] {nathan} gents have fun!
01[15:27] {@Threei}  think ese is bad? here is approximation of a dialog I had with a guy who signed up for a trial and spent in the room about 5 minutes:
[15:27] {nathan} cya tomorrow
01[15:27] {@Threei}  take care nathan
01[15:27] {@Threei}  he: where is trading room?
01[15:27] {@Threei}  I: you were right in it
01[15:28] {@Threei}  he: no, you misunderstand. That was chat room. I am asking about trading room
01[15:28] {@Threei}  I: that was trading chat room
01[15:28] {@Threei}  he: why there was no trading then?
01[15:28] {@Threei}  I: here is quote, a call on FB
01[15:28] {@Threei}  you saw it? it wasn't trading??
01[15:29] {@Threei}  he: no, it was something like words. Where was trading?
01[15:29] {@Threei}  to make story short,
01[15:29] {@Threei}  he was looking at his brand new trading software expecting our call to materialize in it
01[15:29] {@Threei}  get it?
01[15:30] {@Threei}  he thought when he connects trading room, our calls will start getting executed in his account
[15:30] {troub} and it doesn't?
01[15:30] {@Threei}  of course it does, he just needed platinum membership :)
[15:31] {_KIKESAN} that's incredible!!
01[15:31] {@Threei}  some folks I deal with are beyond belief
01[15:31] {@Threei}  so... leave ese be, he is far from worst :)
[15:32] {_KIKESAN} MU long .45 if holds . 40?
01[15:33] {@Threei}  too narrow...
[15:33] {RonS} lol... British Empire To Be Reduced To 8 Acres Around Buckingham Palace By 2050
01[15:33] {@Threei}  unless you want 3-4 cents scalp, I don't see the point
01[15:33] {@Threei}  lol ron
[15:34] {_KIKESAN} ok
[15:37] {_KIKESAN} when you say too narrow, what does it mean?
01[15:37] {@Threei}  range in which it moves
01[15:38] {@Threei}  sits for hoirs within 10 cents
01[15:38] {@Threei}  how much of a move can you expect from it
[15:38] {_KIKESAN} without enough volatility?
01[15:38] {@Threei}  whole daily range is that early morning spike, after that it did nothing
01[15:38] {@Threei}  right
[15:39] {_KIKESAN} ok. understood.
[15:40] {_KIKESAN} ty
01[15:42] {@Threei}  sure
[15:43] {nemo} they squeeze a new ATH out this afternoon...any bets on opening above 202 tomorrow?
01[15:44] {@Threei}  well, scottish referendum may change things
01[15:46] {@Threei}  LOL:
01[15:46] {@Threei}  Note to Texans: If you buy $BABA, it means you hate America.
01[15:48] {@Threei} Long Setup:  VXX  .25 break
01[15:48] {@Threei}  If holds  .18
[15:51] {RonS} lol... Hello, I Am Jack Ma and I am Here to Take Your Money
[15:52] {_KIKESAN} see you tomorrow. Thanks.
01[15:52] {@Threei}  you too kikesan
01[15:56] {@Threei}  ok guys, thank you all
01[15:56] {@Threei}  have a good evening, see you tomorrow