Jan 13 2015

Another nice day. Started with two stops, then hit the stride and proceeded with with a few nice wins including two 1:4ers.


Session Time: Tue Jan 13 00:00:01 2015

[08:19] {dino} gm 3i
01[08:47] {@Threei}  dino :)
03[08:51] * Retrieving #discussions modes...
[09:06] {JoebiWan} gm
01[09:07] {@Threei}  jw )
01[09:12] {@Threei}  oil inder 45
[09:19] {RonS} gm...ducks run over by the buckeyes
[09:19] {RonS} guessing lee
01[09:19] {@Threei}  ron :)
[09:19] {RonS} oops
[09:19] {RonS} less than 1/2% of world knows what a buckeye is...
[09:20] {dino} what exactly is a buckeye?
[09:20] {RonS} ...acorn like tree seed that has a black spot...native to my birth state Ohio
[09:21] {dino} ahh
[09:21] {dino} they played a great game, reminds me of when they crushed wisconsin
[09:22] {dino} fxe hitting 52 week mlows
[09:22] {dino} lows
[09:22] {RonS} ya, their linemen kicked butt...Woody Hayes would be proud
[09:23] {RonS} wwww lowers outlook on currency...won't be last
[09:25] {RonS} crude 45.25 from 44.20 low
01[09:26] {@Threei}  what's with this nonsense bounce... once fell, stay down
[09:27] {RonS} wow ecom
01[09:27] {@Threei}  Upside:
01[09:27] {@Threei}  -NLST +58% (Federal Court halts sales of high-speed computer chips used by SNDK, IBM & other OEMs)
01[09:27] {@Threei}  -PCYC +18% (prelim earnings, guided FY14 Imbruvica sales $492M)
01[09:27] {@Threei}  -ELX +12% (raised Q2 guidance)
01[09:27] {@Threei}  -CTIC +8.7% (guided initial FY15 Rev)
01[09:27] {@Threei}  -SNX +6% (earnings - move is on low volume)
01[09:27] {@Threei}  -KBH +4.4% (earns)
01[09:27] {@Threei}  -QLGC +3.8% (in sympathy with ELX)
01[09:27] {@Threei}  -AGIO +3.3% (CELG agrees to exercise option to license AG-120 under global strategic collaboration)
01[09:27] {@Threei}  -BBY +2.7% (positive broker commentary)
01[09:28] {@Threei}  Downside:
01[09:28] {@Threei}  -ECOM -42% (lowered Q4 guidance)
01[09:28] {@Threei}  -AIV -3% (announced offering of 8.2M shares)
01[09:28] {@Threei}  -GT -2.8% (now sees FY14 SOI slightly below +10-15 range due to challenging Europe situation)
[09:28] {ese} morning
[09:28] {dptl} gm
[09:28] {ese} ddddddddddddddpppppppppppppppppppp!!!!!!!!!!!!!!!!!
[09:28] {dptl} :)
01[09:29] {@Threei}  ese, dp :)
[09:30] {ese} morning vad
01[09:32] {@Threei} Long Setup:  VXX  .50 break
01[09:32] {@Threei}  If holds  .40
01[09:34] {@Threei}  no go
[09:34] {dino} ecom sm l .75 stop .49
[09:37] {dino} stop
01[09:37] {@Threei}  rinse
01[09:39] {@Threei} Long Setup:  FB  .40 break
01[09:39] {@Threei}  If holds  .30
01[09:45] {@Threei} Long Setup:  TWTR  40 break
01[09:45] {@Threei}  If holds  .90
[09:45] {dino} adding ecom calls, seems excessive
[09:47] {dino} wow asps
01[09:48] {@Threei}  hmmm
[09:49] {dino} ocn blood too
[09:49] {dino} cal. seeking to suspend ocn license...asps
[09:49] {RonS} something rotten in that denmark....no touch here
[09:49] {nemo} is ese there?
[09:51] {ese} yes......in body.....on the phone to memphis
[09:51] {ese} will join you all shortly
[09:51] {nemo} I mean't in Denmark: [09:49] {RonS} something rotten in that denmark....no touch here
01[09:52] {@Threei} Long Setup:  FB  .60 break
01[09:52] {@Threei}  If holds  .50
[09:53] {RonS} took ecom 9.285 ave out 9.98 +.695
[09:53] {dino} gj
01[09:53] {@Threei}  wtg
[09:53] {dino} added back .51
[09:53] {dino}  + calls
[09:53] {dino} tfm
[09:54] {RonS} tfm = the front month?
01[09:54] {@Threei}  half out
01[09:54] {@Threei}  1:1
[09:54] {dino} lol, no watching tfm. bought mar calls ecom
01[09:55] {@Threei}  1:2
01[09:58] {@Threei}  closed
[09:58] {ese} hey nemo........whats up in Denmark?
[09:58] {dino} wooden shoes
[09:58] {dino} tulips
[09:59] {nemo} that's Holland dino
[09:59] {nemo} sheesh
[09:59] {dino} opps, lol
[09:59] {nemo} bunch of geography troglydites in here
01[09:59] {@Threei}  Jorik's scull
[09:59] {nemo} you guys drive me to drink
01[09:59] {@Threei}  skull
[09:59] {RonS} lol
[09:59] {nemo} Yorick
[09:59] {nemo} frickin' Vad's spelling...this is brutal
[10:00] {dino} you were drinking long before you met us
[10:00] {nemo} Not nearly as frequently
01[10:00] {@Threei}  *(US) JAN IBD/TIPP ECONOMIC OPTIMISM: 51.5 V 48.7E
01[10:00] {@Threei}  I have an excuse
01[10:00] {@Threei}  I do double translate
[10:00] {nemo} "He didn't die of alcoholism, he died of an instant messaging trading room."
01[10:01] {@Threei}  since I haven't read Shakespeare in ancient english
01[10:01] {@Threei}  what's ese's?
[10:01] {nemo} I read it in the original Klingon
[10:02] {dino} ahh yes, klingon
[10:02] {dino} scottie, i need warp speed in 5 minutes or you're fired
[10:03] {ese} hey I represent that remark......i speak  and write my own anglash eh
01[10:03] {@Threei}  sou doo Eye
[10:03] {ese} lol
01[10:04] {@Threei} Short Setup: MCD  .20 break
01[10:04] {@Threei}  If holds  .30
01[10:06] {@Threei}  1:1
[10:08] {dino} ecom 10 area tough
[10:08] {RonS} needs 6-8 mil shares traded before goes imo ecom
[10:11] {dino} gut has it over 12 by eod
[10:11] {dino} filled that nov gap
[10:15] {dino} algt spike
[10:16] {dino} smr s .70
[10:17] {ese} spyders, S&P, Dow etc etc daily charts interesting look to them.....vad what do you make of them.....distribution going on.....what do you guys and gals make of them
01[10:17] {@Threei}  1:2
[10:17] {nemo} nothing yet...earnings season will be a guide
[10:17] {ese} looks like failed attempts to get back to highs
[10:18] {dino} no idea ese
[10:18] {JoebiWan} mcd treating us well lately
[10:18] {RonS} really don't care...
[10:18] {dino} just reacting, not thinking
[10:18] {ese} ya nemo...thats a better eay to look at this....
[10:18] {dino} tfm sm l .41
01[10:18] {@Threei}  they added some healthy options to their menu it seems
[10:18] {nemo} indexes don't tend to do alot during earnings
01[10:19] {@Threei}  in "for traders" section
01[10:19] {@Threei}  ese, look at it this way
[10:19] {ese} just asking cause i'm loosing a general sense of up or down....in no mans land here imo
[10:19] {dino} btfd ese
[10:19] {nemo} get ur meds adjusted
01[10:19] {@Threei}  until reversal formations hasn't shaped up, you don't know whether attempts at the highs are failed
[10:20] {ese} ah ya ah......sure....meds ummmm where'd they go
01[10:20] {@Threei}  there will be new attemots,
01[10:20] {@Threei}  supports are not broken,
01[10:20] {@Threei}  any next attempt may become a success
[10:20] {ese} thats true
01[10:20] {@Threei}  and what's of all those previous that failed?
[10:20] {nemo} vxx
[10:20] {nemo} .81 long
01[10:20] {@Threei}  any setup has inflection points and mid-lands
[10:21] {nemo} stop under .70
01[10:21] {@Threei}  right now it's a midland
[10:21] {ese} ;)
[10:22] {nemo} or break of .80
01[10:22] {@Threei}  SPY loses ~197-a98, we may have something on reversal side
01[10:22] {@Threei}  until then, leave it to those who make a living by talking about anything they have to talk about to make aliving
01[10:23] {@Threei}  1:3
[10:23] {ese} Must be a ton of cash still sitting out there to be invested I guess
01[10:25] {@Threei}  who knows
01[10:25] {@Threei}  all this speculation... is there an entity that somehow figured out all the cash on hands and intentions of the holders?
[10:25] {nemo} yeah, no shit
01[10:26] {@Threei}  say in year X 100B was withdrawn from all the funds
01[10:26] {@Threei}  now in a year X+2, none returned to those funds,
[10:26] {dino} algt cov 159.70, +2.00
01[10:26] {@Threei}  does it mean they are in matresses?
[10:26] {JoebiWan} gj
[10:26] {dino} ty
01[10:26] {@Threei}  or they went in real estate, in gold, in bonds, in fireign holdings?
01[10:26] {@Threei}  who on earth knows
[10:27] {dino} who cares if you are daytrading
[10:29] {dino} imo worrying over the macro picture just nuts up your daytrading
[10:29] {nemo} yep
[10:29] {dino} nbix spike
[10:34] {ese} true enough dino
[10:34] {ese} what the H was i thinkin
[10:34] {nemo} that's the problem...u were thinking
[10:34] {nemo} stand up, take the pressure off your brain
[10:35] {nemo} vxx invalidated
01[10:36] {@Threei} Short Setup: WMT  .60 break
01[10:36] {@Threei}  If holds  .70
[10:36] {ese} sheesh....ya......what the heck was i thinkin "thinkin".......i don't ever want to thinkg that again.....especially now that i think it will screww up my trading..........I think?
[10:36] {dino} ese, stop thinking or you get trout slap. when set up is there take it.
[10:37] {ese} NO!!!!!!!!! NOT THAT!!!!!!!!!!!!!!
06[10:38] * dino slaps ese around a bit with a large trout
[10:38] {ese} damn
06[10:39] * @Threei extends begging hand toward nemo's bottle
[10:39] {JoebiWan} lol
[10:39] {RonS} ese spells damn but not lose
06[10:39] * nemo extends bottle of Spiritus to Vad
06[10:40] * nemo extends Sig barrel to ese
[10:40] {RonS} big biotech getting hit gild icpt zmh alxn
[10:40] {RonS} amgn
[10:41] {nemo} oh, Joebi, btw...took apart that S&W pro series compact, very weird feed ramp and magazine lip...not sure I like it
[10:41] {ese} lol
[10:41] {JoebiWan} you bought one?
[10:41] {nemo} no
[10:43] {ese} out ½ HCT .02 +.30 1K to go stop to .90
[10:44] {ese} whaaaaaddaaaaaa ya gonnaaaa do eh....when people offer ya free money...huh?.......wha da ya gonna do
[10:44] {dino} gj
[10:44] {ese} tks
[10:45] {RonS} just like the school system eh?
[10:46] {JoebiWan} lol ron
[10:47] {ese} Who the georgeous woman Mohamad Abbas is walking with on the right.....http://www.cbc.ca/news/world/france-s-defiant-show-of-tolerance-papers-over-some-real-cracks-1.2897645
[10:49] {ese} wife?
01[10:50] {@Threei}  57-years old male russian agent, 240 lbs, hairy chest, bold head. They do know how to change their appearance when on the job
[10:50] {ese} rotflol.....
[10:50] {ese} hadn't thought a that.
[10:51] {ese} rats....there I go trying to think again
[10:53] {RonS} crude 46
[10:55] {ese} thats just a wow......who'd have thunk this a year ago
01[10:56] {@Threei}  I did... I just never thought it could happen this fast
[10:56] {cosmo} shape shifters... i knew it
[10:57] {ese} what clues were you two lookin at
[10:57] {dino} hlss??
[10:57] {cosmo} biotech breakthrus
[10:58] {ese} not gettin ya cos......how does that figure in
01[10:58] {@Threei}  don't see any news dino
01[10:59] {@Threei}  ese... for a good while there were plenty of tensions in all the oil-producing regions,
01[10:59] {@Threei}  east, russia,
[10:59] {RonS} hlss somehow associated w/ ocn...
[10:59] {nemo} watch for IMW bounce artound here
[10:59] {nemo} IWM
01[10:59] {@Threei}  all the israel/palestine and ISIS problerms,
[10:59] {dino} thats all i can figure ron
[10:59] {ese} ya
01[11:00] {@Threei}  russia/ukraine
01[11:00] {@Threei}  yet oil didn't move up, and even slid slightly
[11:00] {ese} I would have thought that would've driven the prices up
[11:00] {ese} hmmmmmm
01[11:00] {@Threei}  this is what I cann price-information duivergence
01[11:00] {@Threei}  call
[11:00] {ese} makes sense Didn't notice that
01[11:00] {@Threei}  add all the fracking production
01[11:01] {@Threei}  a few years of rising US-based oil
[11:01] {dino} mhk spike
01[11:01] {@Threei}  and picture starts shaping up
01[11:01] {@Threei}  US goes energy-independent
01[11:02] {@Threei}  largest oil buyer takes itself off market
[11:02] {ese} :/
01[11:02] {@Threei}  and becomes a seller
[11:02] {cosmo} hmm...getting coffee now
01[11:02] {@Threei}  now take all the peak oil and green energy leftist talk, and shove it where it belongs. Welcome to real world
[11:02] {ese} don't forget the hypodermic needle......coffee works better that way...quicker
[11:03] {RonS} think you just made cosmo ill...
[11:03] {cosmo} I.V. here
[11:03] {ese} lol
[11:04] {dino} cosmo kramer
[11:04] {cosmo} my gut tells me anything that kills fracking is good
[11:05] {cosmo} cosmo topper rather
01[11:05] {@Threei}  add to that saudis who learned their lesson in 80 when they tried to cut production to support prices
01[11:06] {@Threei}  This time around they know all it does is leaves them without the market share
01[11:07] {@Threei}  so, having one of the lowest production costs they prefer to keep the volume up this time
[11:07] {ese} makes sense
[11:07] {cosmo} Time to kill all the alternatives. They've saved up for it...
01[11:07] {@Threei}  but this is one of the accelerating factors
01[11:07] {@Threei}  All those before this were the reasons I thought oil was done
01[11:08] {@Threei}  plus my favorite... crowds opinion
01[11:08] {@Threei}  everywhere it was accepted notion that oil/gas prices have nowehere to go but up
[11:09] {ese} Is going to have to be a trickle-down effect people are going to have to work for less to get the stuff out of the ground though
01[11:09] {@Threei}  "buy small cars, gas will only get more epensive"
01[11:09] {@Threei}  who wouldn't believe this a year ago?
[11:09] {ese} I didn't
01[11:09] {@Threei}  really? you thought gas would drop in price?
[11:10] {ese} It's a finite non renewable resource... It's going to run out sometime
[11:10] {ese} Not in my lifetime but.....
01[11:10] {@Threei}  ummm
01[11:11] {@Threei}  you track the line of conversation? :)
[11:11] {ese} Not drop in price increase in price
01[11:11] {@Threei}  there you go
01[11:11] {@Threei}  so you did believe that
01[11:12] {@Threei}  and so did practically everyone around
[11:12] {cosmo} oil is now a war weapon ...changes the math
01[11:12] {@Threei}  it always was
[11:12] {cosmo} financial
01[11:12] {@Threei}  1:1  WMT
[11:13] {nemo} it's a political weapon
01[11:13] {@Threei}  it played same role before
[11:13] {cosmo} the 1973 war it think
[11:14] {cosmo} =1974 gas lines
01[11:14] {@Threei}  yes, and during ussr war in afghan
01[11:15] {@Threei}  sharp oil decline ended that war
01[11:15] {@Threei}  and eventually ussr itself
[11:15] {cosmo} hmm
[11:16] {RonS} ondk now below deck
[11:16] {cosmo} the afghan curse
[11:16] {RonS} heroin?
[11:17] {cosmo} maybe the resources they keep refering to after all
01[11:19] {@Threei}  1:2
01[11:25] {@Threei}  what do you know... Victoria got its own Rob Ford
01[11:25] {@Threei}  freshly elected mayor of Saanich, largest municipality in Greater Victoria
01[11:26] {@Threei}  http://www.cheknews.ca/watch-full-coverage-saanich-mayor-says-spied-upon-harassed-admits-affair/
[11:26] {ese} saw that
[11:27] {RonS} ...that town that would give its left n for an m?
01[11:28] {@Threei}  hmmmm... nemo, pass that bottle again please
01[11:28] {@Threei}  ron speaks in puzzles that require double dose
[11:29] {nemo} nah...need a "ronnetta" stone
[11:29] {RonS} left n = left nut... n to m = Saamich...
01[11:29] {@Threei}  ok... all that left is to find out what on earth is saamich :)
[11:30] {RonS} ...some kind of an American phrase for a sandwich
01[11:30] {@Threei}  really? I give up... two bottles please
01[11:30] {@Threei}  I'll never learn this language
[11:30] {RonS} originates from a US relative of ese when asked to spell sandich...
[11:31] {RonS} sanwich
[11:31] {RonS} sandwich sheesh
01[11:31] {@Threei}  DAL
01[11:31] {@Threei}  watching for short entry
01[11:31] {@Threei}  it's contagious ron... sorry
01[11:32] {@Threei}  you know you spend too much time with me when it takes you three runs at one word
[11:33] {RonS} ok...another one:  "no shit Sherlock"
01[11:35] {@Threei}  well, this one is no mystery
01[11:35] {@Threei} Short Setup: DAL  .60 break
01[11:35] {@Threei}  If holds  .70
01[11:39] {@Threei}  stop to .66
01[11:42] {@Threei}  1:1
[11:50] {RonS} 36 more hours of cold here, then 5 days of 50's...can't wait
[11:52] {dino} been single digits and teens here for last 10 days
[11:52] {RonS} brutal
[11:53] {RonS} kbh smashed
[11:55] {RonS} KBH - does not expect to hit margin goal in 2015; sees Q1 gross margin down significantly YoY, setting a low point for the year then improving sequentially through FY15
01[12:08] {@Threei} Long Setup:  VXX  .90 break
01[12:08] {@Threei}  If holds  .80
[12:12] {dino} kbh sm l .65
01[12:12] {@Threei}  nope
[12:24] {dino} pretty good drop in markets
01[12:24] {@Threei}  frikin VXX got away
[12:44] {RonS} lol...With only 38 million people, it'll be tough for California to find another senator as stupid as Barbara Boxer.
01[12:46] {@Threei}  lol
01[12:46] {@Threei}  so, what is Canada to fo, with population less than just Calidornia?
01[12:47] {@Threei}  d=f
01[12:47] {@Threei}  and f=d
01[12:47] {@Threei}  sheesh
[12:47] {RonS} Ford have kids?
01[12:47] {@Threei}  not sure
[12:59] {nemo} AAPL
[13:00] {nemo} .30 break
[13:00] {nemo} stop under .15
01[13:01] {@Threei} Long Setup:  IWM  .85 break
01[13:01] {@Threei}  If holds  .75
[13:01] {nemo} stop to .25
[13:01] {nemo} partial .45 area
[13:05] {dino} kbh stop -.32
[13:05] {nemo} stop to .30
[13:07] {nemo} partial
[13:07] {nemo} stop still .30
[13:08] {nathan} what's up gents
[13:08] {nemo} not ese's IQ
01[13:08] {@Threei}  same old
01[13:09] {@Threei}  plus eternally young and vigorous nemo
[13:09] {nemo} ?
01[13:09] {@Threei}  dunno... seemed apropriate while I typed it
01[13:10] {@Threei}  now that I read it, not so much
01[13:10] {@Threei}  stop to .79
[13:11] {nemo} stop to .40
[13:12] {dino} wow asps
[13:12] {RonS} asps bitten?
[13:13] {nemo} out
[13:14] {nemo} bummer
[13:20] {dino} msci spike
[13:22] {dino} msci sm s .72
01[13:26] {@Threei}  no news
[13:27] {nemo} on what
01[13:27] {@Threei}  for market drop
[13:27] {nemo} was overnight futures move
[13:27] {nathan} nice fall
[13:28] {dptl} see ya tomorrow all, have to leave early
[13:28] {dino} cya dp
01[13:28] {@Threei}  take care dp
[13:28] {nemo} spy gap close
[13:29] {dino} 300 pt dji range
01[13:30] {@Threei}  wow
[13:32] {nathan} bloody tuesday
[13:33] {dino} cov msci .32, +.50
01[13:34] {@Threei}  wtg
[13:34] {nathan} gj dino
[13:34] {dino} opps, +.40
[13:34] {dino} ty
01[14:00] {@Threei}  *(US) DEC MONTHLY BUDGET STATEMENT: $1.9*B V $3.0BE
01[14:06] {@Threei} Long Setup:  IWM  .35 break
01[14:06] {@Threei}  If holds  .25
01[14:07] {@Threei}  Invalidated
01[14:08] {@Threei}  change to .30
01[14:08] {@Threei}  If holds  .20
[14:09] {dino} wow 400 pt swing
01[14:09] {@Threei}  ok market, it's tume to recover some
01[14:11] {@Threei}  wow... not yet
[14:11] {nemo} SPY testing gap
01[14:16] {@Threei}  last pullbac for double bottom, and we should get our bounce
[14:16] {nemo} or 200 target
01[14:17] {@Threei} Long Setup:  IWM  116 break
01[14:17] {@Threei}  If holds  .90
01[14:17] {@Threei}  1:1
01[14:18] {@Threei}  give us 1:4
01[14:18] {@Threei}  just don't be a lousy scalp
[14:18] {nemo} .20 resistance then .40
01[14:19] {@Threei}  up
01[14:19] {@Threei}  thinking momentum should be enough to take .20 and rocket to .40
01[14:20] {@Threei}  then it's up to a chance
[14:20] {nemo} that depends on willingness to bid
01[14:24] {@Threei}  here comes SPY jump
01[14:25] {@Threei}  1:2
01[14:27] {@Threei}  1:3
01[14:27] {@Threei}  good girl
01[14:29] {@Threei}  1:4 baby
[14:29] {JoebiWan} out ty
01[14:29] {@Threei}  iut
01[14:29] {@Threei}  yw
[14:30] {dino} gj
01[14:31] {@Threei}  ty
01[14:31] {@Threei}  1:5
01[14:31] {@Threei}  momo
[14:31] {nemo} 116.80 coming
01[14:32] {@Threei}  nailed reversal with precision of nemo dividing as bottle between three glasses
01[14:32] {@Threei}  -s
01[15:08] {@Threei} Long Setup:  VXX  .20 break
01[15:08] {@Threei}  If holds  .10
01[15:09] {@Threei}  1:1
01[15:22] {@Threei} Long Setup:  IWM  .50 break
01[15:22] {@Threei}  If holds  .40
01[15:23] {@Threei}  1:1
[15:27] {pamsv} cheers guys - see you.
[15:29] {dino} cci drop
01[15:36] {@Threei} Long Setup:  IWM  .70 break
01[15:36] {@Threei}  If holds  .60
01[15:36] {@Threei}  1:1
[15:37] {JoebiWan} nice
[15:38] {JoebiWan} took tna. out ty
01[15:38] {@Threei}  1:3
01[15:38] {@Threei}  yw
01[15:39] {@Threei}  1:4
01[15:39] {@Threei}  out
01[15:40] {@Threei}  perfect end to a decent day
01[15:40] {@Threei}  thank you all, have a great evening
01[15:40] {@Threei}  see youi tomorrow
[15:40] {JoebiWan} cya
[15:40] {RonS} thanks 3i
[15:44] {dino} taking ecom off, out .87, +.36, still holding the calls
[15:45] {dino} gotta hop, gn all

Jan 12 2015

Beautiful day with 1:3ers all around. Trade after trade worked nicely, and couple stops couldn't make a dent.


Session Time: Mon Jan 12 00:00:00 2015

[08:50] {dino} gm 3i
01[08:50] {@Threei}  dino :)
[08:57] {dptl} dm
01[08:57] {@Threei}  dp :)
[09:27] {RonS} gm cowbou haters and sneaky lovers
[09:27] {nemo} and Pats fans....
01[09:27] {@Threei}  ron :)
[09:28] {nemo} my part-time archery job is right next to the stadium, what a horror show on Saturday
[09:29] {ese} gm
[09:30] {ese} sheesh..Citigroup trader bonuses are shrinking By Melanie Hicken   @melhicken January 9, 2015: 6:07 PM ET
01[09:30] {@Threei}  ese :)
[09:30] {ese} what......5mil instead of what 10mil
01[09:30] {@Threei}  Upside:
01[09:30] {@Threei}  -FMI +155% (Roche purchasing 56.3% stake at $50/shr)
01[09:30] {@Threei}  -TKMR +46% (announced $750M merger with OnCore Biopharma to creat leading global Hep C virus co.)
01[09:30] {@Threei}  -BBW +18% on low volume (Q4 Rev & SSS guidance)
01[09:30] {@Threei}  -AGEN +12% (momentum from alliance with INCY, positive broker commentary)
01[09:30] {@Threei}  -NPSP +8.4% (being acquired by SHPG for $46/shr)
01[09:30] {@Threei}  -BMY +6.5% (stopped Phase 3 study of Opdivo in NSCLC early after meeting primary endpoint)
01[09:30] {@Threei}  -LULU +5.8% (raised Q4 guidance)
01[09:30] {@Threei}  -HOLX +5.6% (prelim earnings)
01[09:30] {@Threei}  -EXPR 4.2% (raised Q4 guidance)
01[09:30] {@Threei}  -SGEN +4.1% (entering clinical collaboration with BMY to examine efficacy of combination of Adcetris and Opdivo [BMY] in hematologic malignancies)
01[09:30] {@Threei}  -NLS +3.4% (Q4 EPS & Rev guidance)
01[09:30] {@Threei}  -ACT +2% (guided Q4 EPS to exceed consensus)
01[09:31] {@Threei}  Downside:
01[09:31] {@Threei}  -ARWR -19% (update on IND for ARC-520 Phase 2b study)
01[09:31] {@Threei}  -SNDK -9% (guided Q4 lower)
01[09:31] {@Threei}  -TIF -8.4% (lowered FY15 EPS guidance)
01[09:31] {@Threei}  -ASNA -7% (guided FY15 lower)
01[09:31] {@Threei}  -SRPT -4.7% (longterm Eteplirsen walking data through 168 weeks shows decline in walking ability)
01[09:31] {@Threei}  -LORL -3.6% (talks to sell itself to Ontario Teachers pension fund broken off)
01[09:31] {@Threei}  -AAL -3.2% (Dec metrics; pliminary Q4 results)
01[09:32] {@Threei} Short Setup: FCX  .80 break
01[09:33] {@Threei}  If holds  .90
01[09:34] {@Threei}  trail to .86
[09:35] {nemo} indexes getting out of hand quickly
01[09:36] {@Threei}  1:1
[09:36] {nemo} SPY @ gap
01[09:38] {@Threei}  1:2
[09:41] {nemo} crude 46.40
01[09:42] {@Threei}  Putin: you have gotta be kidding me...
[09:42] {nemo} stop strokin' ur light saber Joebi and get here on time
[09:43] {JoebiWan} lol
01[09:43] {@Threei}  lol
[09:43] {RonS} piece of work...
01[09:47] {@Threei}  ok, time for 1:3
01[09:47] {@Threei}  trail to .66 btw
[09:55] {dino} cybr sm l .80
01[09:55] {@Threei} Long Setup:  FB  .70 break
01[09:55] {@Threei}  If holds  .60
01[09:56] {@Threei}  Invalidated
01[09:57] {@Threei}  1:3
01[09:57] {@Threei}  finally
01[09:57] {@Threei}  out
01[10:00] {@Threei}  FB
01[10:00] {@Threei} Long Setup:  FB  .60 break
01[10:00] {@Threei}  change to .50
01[10:00] {@Threei}  If holds  .40
01[10:01] {@Threei}  Invalidated
[10:03] {dino} aal sm l .00
01[10:05] {@Threei} Long Setup:  MCD  .70 break
01[10:05] {@Threei}  If holds  .60
01[10:06] {@Threei}  1:1
01[10:09] {@Threei}  wow FB
[10:09] {nemo} hey Dino, sexy Rexy went to the Bills
01[10:09] {@Threei}  [FB] CEO Zuckerberg could be interested in making an investment into Xiaomi phone maker in CHina
01[10:10] {@Threei}  so what??
01[10:10] {@Threei}  shrug
01[10:10] {@Threei}  1:2
01[10:13] {@Threei}  1:3
01[10:13] {@Threei}  out in full
[10:13] {JoebiWan} ty vad
01[10:13] {@Threei}  yw
01[10:13] {@Threei}  2 1:3ers fir the start... can I go home?
[10:16] {nemo} no...gotta' make up for last week
[10:19] {ese} who was it on this board that lives in the Memphis area?  Am gonna be there Apr 17 to 26th
[10:20] {nemo} that's a warning to move
[10:20] {RonS} wrong board
[10:20] {ese} we need to scheme and plot to drive nemo nuts on the board
[10:20] {nemo} oh...as if I'm not already there
[10:21] {RonS} he does that himself...or should i say already did?...
[10:21] {ese} indeed
[10:23] {RonS} i mean the guy has a rabbit for a pet...worse than a cat...oops
[10:23] {ese} oh ya......hmmmmmmm........
[10:23] {nemo} wow
[10:23] {nemo} vicious Ron
[10:23] {ese} lol
[10:23] {dino} out sap calls from friday, +1.10 / 42%
[10:23] {nemo} it's my nephew's
[10:24] {ese} nice dino
[10:25] {dino} ty
[10:26] {ese} am sitting on the free money gravy train as well L hct .7148 from last week
[10:27] {dino} out cybr .27, +.47
01[10:28] {@Threei} Long Setup:  WMT  .50 break
01[10:28] {@Threei}  If holds  .40
01[10:32] {@Threei}  1:1
[10:36] {RonS} crude 45.88
01[10:36] {@Threei}  oh boy
01[10:37] {@Threei}  if there is 1% of truth to the talks about conspiracy behind oil drop, this is the most effective plot I'd ever seen
[10:40] {RonS} bita thrice shy
[10:40] {RonS} (triple top)
01[10:40] {@Threei} Long Setup:  TWTR  40 break
01[10:40] {@Threei}  If holds  .90
01[10:42] {@Threei}  1:1
01[10:43] {@Threei}  1:2
[10:47] {JoebiWan} out ty
01[10:47] {@Threei}  yw
01[10:47] {@Threei} Short Setup: USO  .45 break
01[10:47] {@Threei}  If holds  .55
[10:49] {dino} out aal flat
[10:53] {dino} partial out bokf calls from last week, +.70 / 29%
[10:53] {dino} opps they were puts not calls
[10:56] {dino} afsi sm l .90
01[10:57] {@Threei}  no go
[10:59] {JoebiWan} gdx .30 break?
01[10:59] {@Threei}  doubt it
01[11:00] {@Threei}  xcompare to SPY,
01[11:00] {@Threei}  it acts as a hedge
01[11:00] {@Threei}  and SPY looks up
[11:01] {dino} out remaining cyber .70, +.90
[11:04] {dino} bokf to b/e
[11:05] {dino} opps, not bokf, afsi. get w/it dino
[11:05] {dino} remainder bokf puts out +.40/17%
01[11:08] {@Threei}  sure those were not calls?
01[11:12] {@Threei} Short Setup: JPM  59 break
01[11:12] {@Threei}  If holds  .10
[11:12] {dino} they were puts
01[11:14] {@Threei}  USD/CAD Touches fresh session highs at 1.1937
01[11:15] {@Threei}  woohooo
[11:18] {dino} out afsi flat
01[11:22] {@Threei}  stop to .06
01[11:29] {@Threei}  1:1
01[11:46] {@Threei}  Oil prices have lost 5% or so this morning, with WTI right above $46 and Brent just above $47.
01[11:46] {@Threei}  Saudi Prince Alwaleed made a big call in oil, saying $100/bbl crude a thing of the past. According to Alwaleed, if some supply comes off the market and there is growth in demand, prices may go up. "But I'm sure we're never going to see $100 anymore," he said.
[11:48] {cosmo} the new carbon tax will take it back there
[11:49] {cosmo} hmm...for gasoline, not crude...sorry
01[11:51] {@Threei}  there are idiots that are going to implement it?
01[11:51] {@Threei}  1/2
[11:51] {cosmo} Calif already has
01[11:51] {@Threei}  1:2
[11:51] {cosmo} Feds are next
01[11:51] {@Threei}  ok... hello to your idiots from ours
01[11:51] {@Threei}  BC implemented it a few years ago
[11:51] {cosmo} we are one :)
01[11:52] {@Threei}  effect on gas consumption - zero
[11:53] {cosmo} so far...
01[11:54] {@Threei}  1:3
01[11:55] {@Threei}  out
[12:00] {nemo} why SNDK so weak
[12:01] {RonS} cut guidance
[12:03] {RonS} sm l bita 72.51
[12:12] {RonS} out bita 73.05 on trail +.54
[12:13] {dino} gj
01[12:23] {@Threei} Long Setup:  IWM  .25 break
01[12:23] {@Threei}  If holds  .15
01[12:24] {@Threei}  1:1
01[12:33] {@Threei} Long Setup:  JPM  59 break
01[12:33] {@Threei}  If holds  .90
[12:38] {nemo} Even though AA is a shit company it's results and guidance could be important
[12:38] {nemo} tonight
[12:40] {nemo} IWM SPY finnies up against trend line
01[12:42] {@Threei}  nah
01[12:42] {@Threei}  easy money has been made
[12:42] {nemo} nah what?
01[12:42] {@Threei}  JPM
[12:42] {nemo} ahhh
[12:46] {RonS} tif trying to get off mat
[12:53] {dino} they only lwere by about 3%, pretty big hit
[12:55] {dino} lowered
[12:57] {RonS} guess slow today... tif punched blue...
[12:58] {RonS} feye hot (no tina)
[12:59] {RonS} jesus cybr
[13:00] {dino} yeah, sold that too soon
[13:00] {RonS} guessing O speech...
[13:01] {dino} when is that?
01[13:01] {@Threei}  [TWTR] US Central Command (Centcom) Twitter page and its YouTube page appear to have been taken over by hackers sympathetic to ISIS
[13:01] {RonS} who cares...on cyber security...guess last week free college this week free cyber security...
[13:01] {dino} vdsi not following
[13:02] {dino} who in their right mind would be sympathetic to isis?
[13:02] {nemo} muslims
[13:02] {RonS} blade sharpeners?
[13:05] {dino} stor spike
[13:10] {dino} missed that one
[13:16] {nemo} VXX
01[13:23] {@Threei}  (EU) ECB's Nowotny: Europe remains the weak spot of the global economy, there was broad consensus that oil at $100/bbl was overvalued - Oil at $50/bbl could be a new equilibrium. Low inflation data is partly due to lower oil prices- low inflation rates could be a long term phenomenon
01[13:23] {@Threei}  why on earth would they care about low inflation as long as oil prices cause it
[13:24] {nemo} they obviously haven't seen my electri rates
01[13:24] {@Threei}  deflation caused by weak demand on manufactured goods is a problem
01[13:25] {@Threei}  deflation caused by abundance of components is not
01[13:31] {@Threei} Short Setup: FB  .30 break
01[13:31] {@Threei}  If holds  .40
01[13:34] {@Threei}  Invalidated
01[13:45] {@Threei} Long Setup:  FSLR  .90 break
01[13:45] {@Threei}  If holds  .80
01[13:56] {@Threei}  stop to .84
01[13:59] {@Threei}  1:1
[14:03] {nathan} hi gents
01[14:04] {@Threei}  hey nathan
[14:05] {nathan} long vxx .60?
01[14:05] {@Threei}  I'd prefer pullback
01[14:05] {@Threei}  and get it around .55
01[14:06] {@Threei}  with stop under .45
[14:06] {nathan} ok
01[14:06] {@Threei}  https://www.facebook.com/VadymGraiferPhotography/photos/a.488848774527976.1073741828.483178015095052/779710902108427/?type=1&theater
01[14:10] {@Threei}  like so
01[14:10] {@Threei}  .55 break now is entry
01[14:10] {@Threei}  if .45 holds
01[14:15] {@Threei}  stop to .49
01[14:16] {@Threei}  1:1
[14:16] {nathan} 1:1
[14:16] {nathan} nice ahot
[14:16] {nathan} shot
01[14:17] {@Threei}  nemo, I am absolutely not interested in meeting colombian women, stop forwarding me those e-mails. Now, if you stumble onto Belize ones...
[14:17] {nathan} lol
01[14:17] {@Threei}  see how .60 entry would have been stopped nathan?
01[14:17] {@Threei}  this is DKTK time
[14:17] {nathan} right
[14:17] {nemo} ?
01[14:18] {@Threei}  actually, .50 would be ideal entry
[14:18] {nemo} it's after 2 setups will be real
[14:18] {nemo} SPY rejected vwap
01[14:18] {@Threei}  but risk of missing whole thing would be greater
01[14:18] {@Threei}  1:2
[14:19] {nathan} dont have more to sell :-(
[14:19] {nathan} :-)
01[14:19] {@Threei}  why not partial
[14:19] {nemo} or trail stop
[14:19] {nathan} gainng confident
[14:19] {nemo} confidence
[14:20] {nathan} wanted to make sure
[14:20] {nathan} thanks nemo
01[14:20] {@Threei}  had you been here in the morning, confidence would be coming out vazoo
[14:20] {nemo} de nada
[14:20] {nemo} wazoo
01[14:20] {@Threei}  that too
01[14:20] {@Threei}  both actually
[14:20] {nathan} nemo is in autocorrection mode
01[14:20] {@Threei}  lol
[14:21] {nemo} not reall, but as you are not a native speaker, I throw them out there
[14:21] {nathan} wish i could being this morning
01[14:21] {@Threei}  and auto-forwarding colombian e-mails
[14:21] {nathan} lol
[14:21] {nemo} wish I could be here
01[14:22] {@Threei}  closed FSLR on a trail
[14:22] {nathan} lol
01[14:23] {@Threei}  1:3
[14:24] {nathan} short dal break 46?
[14:26] {nathan} forget it
01[14:26] {@Threei}  forget what?
[14:26] {nathan} dal
01[14:26] {@Threei}  what dal?
[14:26] {nathan} DAL break 46
01[14:27] {@Threei}  I can't remember what it is
01[14:27] {@Threei}  you underestimate my willingness to follow orders nathan... :)
[14:28] {nathan} :-)
01[14:31] {@Threei}  1:4 baby
01[14:31] {@Threei}  out
[14:31] {nemo} o.k. bend over Vad
01[14:35] {@Threei}  ?
[14:36] {nathan} short DG .50 break?
[14:37] {nathan} nothing
01[15:03] {@Threei}  watching TWTR for entry on pullback around .50
01[15:11] {@Threei}  anyone got it?
01[15:13] {@Threei}  1:1
01[15:17] {@Threei}  1:2
01[15:20] {@Threei} Long Setup:  IWM  .20 break
01[15:21] {@Threei}  If holds  .10
01[15:23] {@Threei}  no go
01[15:27] {@Threei} Long Setup:  VXX  .90 break
01[15:27] {@Threei}  If holds  ,80
01[15:28] {@Threei}  aggressive entry, counting on 34 break... that should catapilt VXX
01[15:28] {@Threei}  i=u
01[15:29] {@Threei}  wow... jerky
01[15:29] {@Threei}  touched 1 cent from 1:1
01[15:31] {@Threei}  1:1
01[15:31] {@Threei}  let's panic SPY
01[15:31] {@Threei}  and crash
01[15:34] {@Threei}  crashier please
01[15:34] {@Threei}  1:2
01[15:35] {@Threei}  should do more
[15:36] {pamsv} thanks guys see ya..
01[15:37] {@Threei}  take care pam
01[15:40] {@Threei}  done
01[15:40] {@Threei}  OK guys, fantastic day
01[15:40] {@Threei}  thank you all, have a great evening
01[15:40] {@Threei}  see you tomorrow
[15:41] {dptl} gn all

Market Week Wrap-up

TradeTheNews.com Weekly Market Update: Topsy-Turvy
Fri, 09 Jan 2015 16:14 PM EST

Global equity markets were racked with volatility this week, as competing economic themes vied for dominance. Monday and Tuesday were dominated by concerns about the increasing risk of European deflation and the euro zone potentially unraveling over a renewed Greek crisis. The risk on tone was restored on Wednesday as Chancellor Merkel gave assurances that Germany wants Greece to stay in the euro. Mid-week sentiment was also helped by an Obama Administration announcement that the FHA would dramatically cut its mortgage insurance premiums in hopes of kick-starting the still anemic housing market. Fed policy minutes reinforced the stance of "patience," while the new slate of dovish FOMC voters flexed their wings, highlighted by Chicago Fed President Evans who proclaimed that raising rates before 2016 would be a "catastrophe." By Friday, deflation fears were setting in again, as Brent crude hit fresh 5-year lows and the US jobs data showed that last month's signs of nascent wage inflation had evaporated. The US 10-year yield retreating back below 2% signaled increased investor anxiety as the week drew to a close. The DJIA notched five straight triple digit moves and for the week fell 0.5%, while the S&P500 dipped 0.6% and the Nasdaq lost 0.5%.

The headline US jobs data showed better than expected payroll gains and another tick down in unemployment to 5.6%, but dissection of the report focused chiefly on the disheartening hourly earnings component. The very healthy November gain in wages was cut in half by revisions (to +0.2% from the preliminary +0.4%), and December hourly earnings were -0.2% m/m. The data pulled the y/y growth rate to its lowest level in more than two years (+1.7%). Note that the Fed is on record with its desire to see wage growth accelerate to +3% y/y to help it achieve its 2% inflation target.

The FOMC minutes out on Wednesday confirmed that if the labor market continues to heal, then the Fed is likely to raise rates in the middle of the year even as they remain "patient" on hikes for now. Many analysts say higher rates are likely to happen even if there is little progress on inflation. The WSJ's Hilsenrath argued that a case is to be made that lower long-term yields may even push the Fed to hike sooner, given they could be a sign of global funds flowing into the US economy and away from anemic overseas markets, potentially inflating various asset bubbles.

Downward pressure continued in the energy market, as both WTI and Brent futures dipped below the psychologically important $50/bbl level. In light of the weak Euro Zone CPI data, the selloff in Brent was particularly severe, falling 10% on the week. There was another streak of rumors that Saudi King Abdullah had died, prompting the palace to issue a statement in his name that Saudi Arabia would cope with the downturn in demand for oil and falling oil prices "with a solid will."

Press reports citing sources outlined the ECB's thinking on how it would structure a potential QE program, including three possible options. The first would be for the ECB to buy government bonds in a quantity proportionate to each euro zone member state's shareholding in the central bank. The second option would be for the ECB to buy only AAA-rated government bonds. The third option would be for national central banks to purchase their own bonds at their own risk. Later reports suggested that the ECB program would combine the first two options, with the ECB buying AAA-rated instruments (to satisfy Germany's objections to bond buying) and national central banks stepping in to buy lower-rated peripheral euro zone debt. The growing expectation that the ECB will swing into action at its January 22 meeting occurred in the midst of continued disappointing data continent-wide. German, French, and UK industrial production figures all failed to meet estimates while inflation readings underscored the hold disinflation has rooted within the EU. Euro zone headline CPI hit its lowest level since late 2009, registering a -0.2% reading in December, though the core reading was a tenth better than expected at +0.8%.

Worries about Greece nettled markets in the early part of the week. Over the weekend, German press reports said that Chancellor Merkel was prepared to let Greece leave the euro zone if it elects an anti-austerity government. Risk- off sentiment slammed equity markets early in the week until German and euro zone officials moved to clarify the reports. German government spokespeople repeatedly asserted that there is no Greek exit blueprint and that Germany wants Greece to stay in EMU even if Syriza wins the election. The latest polls out of Greece show Syriza's lead over the ruling New Democracy party has narrowed ahead of elections scheduled for January 25th.

The Obama Administration undertook another effort to aid the housing market. The FHA will lower its mortgage insurance premiums to 0.85% from 1.35%, saving the average homeowner around $900/year in mortgage payments. Back in November, the FHA said its Mutual Mortgage Insurance Fund had returned to solvency after falling into a steep deficit during the financial crisis and the housing bust, giving it latitude to cut the premium this year. Homebuilders gained in the days following this announcement, while mortgage insurance firms lost ground. Additionally, Obama reiterated his preference to see Congress wind down the GSEs (Fannie Mae and Freddie Mac).

In China, President Xi crystalized market sentiment that the economy has entered a "new normal" phase, which will feature a "medium to high" growth rate. The State Information Center (SIC) this week estimated 2015 GDP at 7% and more Wall Street analysts cut their China forecasts toward that level. The administration is not expected to set its official 2015 GDP rate until March, but reports suggest it will be around that 7% figure, compared to 2014's 7.5% target. The NDRC planning agency said the government would push seven big fiscal packages to help drive growth, although Xi's administration also downplayed the plans, saying they were not stimulus.

Japan Finance Minister Aso proclaimed that the economy was emerging from a deflation-driven slump, anticipating a rise in capex that would help return GDP to growth. Final December manufacturing PMI data somewhat confirmed his view, with the series staying in expansion for the seventh month in a row, by a slim margin. Public sentiment does not reflect this optimistic view: the BoJ's latest households opinion survey (covering the four weeks to early November) found the opinion of the current economy fell to its lowest level since December 2012.

Jan 09 2015

Slightly positive, eked out by the last trade. Quite jerky week with a lot of back and forth.


Session Start: Fri Jan 09 00:00:00 2015

[09:01] {dino} gm
[09:01] {JoebiWan} morning
01[09:02] {@Threei}  dino, jw :)
[09:04] {RonS} hi dudes
01[09:04] {@Threei}  ron :)
[09:19] {dptl} gm
01[09:19] {@Threei}  dp :)
01[09:27] {@Threei}  Upside:
01[09:27] {@Threei}  -AGEN +30% (formed alliance with INCY to develop immuno-oncology antibodies)
01[09:27] {@Threei}  -SD +13% (earnings)
01[09:27] {@Threei}  -PTLA +11% (Phase 3 ANNEXA-R study of Andexanet Alfa & Factor Xa inhibitor XARELTO met primary endpoint)
01[09:27] {@Threei}  -INFY +6.4% (earnings)
01[09:27] {@Threei}  -BITA +5.5% (announced strategic partnership with JD.com & Tencent)
01[09:27] {@Threei}  -YELP +3.5% (positive broker commentary)
01[09:27] {@Threei}  -WYNN +2.4% (positive broker commentary)
01[09:27] {@Threei}  Downside:
01[09:27] {@Threei}  -CNAT -40% (announced top-line results from ACLF & organ impairment clinical trials of Emricasan)
01[09:27] {@Threei}  -EOPN -40% (earnings)
01[09:27] {@Threei}  -ARGS -27% (Phase 2b trial of AGS-004 in HIV missed primary endpoint)
01[09:27] {@Threei}  -SBLK -19% (stock offering)
01[09:27] {@Threei}  -FIVE -15% (holiday sales, narrowed Q4 Rev guidance)
01[09:27] {@Threei}  -TCS -10% (earnings)
01[09:27] {@Threei}  -BBBY -4.4% (earnings; Q4 guidance)
01[09:27] {@Threei}  -M -2.3% (new series of initiatives to evolve business model; negative broker commentary)
01[09:27] {@Threei}  -TSLA -1.4% (report German registrations failed to meet expectations)
01[09:27] {@Threei}  -SBUX -1.2% (COO taking extended unpaid leave)
[09:29] {ese} morning
01[09:30] {@Threei}  ese :)
01[09:31] {@Threei} Long Setup:  IWM  .55 break
01[09:31] {@Threei}  If holds  .48
01[09:33] {@Threei}  meh
[09:34] {ese} use the italian "beh"....
[09:35] {ese} means "well"  or "oh well"....that a language i can understand
01[09:37] {@Threei} Long Setup:  DAL  .05 break
01[09:37] {@Threei}  If holds  48
01[09:37] {@Threei}  Invalidated
01[09:38] {@Threei} Long Setup:  IWM  .25 break
01[09:38] {@Threei}  If holds  .15
[09:38] {nemo} right
[09:41] {dino} amag, hooker, smr l .05
[09:43] {dino} eopn sm l .42
[09:43] {ese} can see why LB is up 25 bucks since august....they own Victoria's Secret......am gonna become an investor there
[09:44] {dino} eopn stop is .18
[09:44] {dino} mnk spike
01[09:44] {@Threei} Short Setup: FB  .60 break
01[09:44] {@Threei}  1:1
01[09:46] {@Threei}  1:2
01[09:47] {@Threei}  1:3
01[09:47] {@Threei}  out
01[09:47] {@Threei} Long Setup:  IWM  .30 break
01[09:48] {@Threei}  If holds  .20
[09:48] {dino} gj
01[09:48] {@Threei}  ty
01[09:49] {@Threei}  no go
01[09:49] {@Threei} Long Setup:  FB  .10 break
01[09:49] {@Threei}  If holds  78
01[09:50] {@Threei}  1:1
01[09:52] {@Threei}  1:2
01[09:52] {@Threei}  IWM rinse
01[09:53] {@Threei}  closed on a trail
[09:56] {dptl} same fb...ty
01[09:56] {@Threei}  yw
[09:57] {dino} out amag 43.35, +1.30
[09:57] {JoebiWan} gj
[09:58] {dino} ty
01[09:59] {@Threei} Long Setup:  VXX  .50 break
01[09:59] {@Threei}  If holds  .40
01[10:00] {@Threei}  (GR) Greece election polls show Syriza lead steady
01[10:01] {@Threei}  *(US) NOV WHOLESALE INVENTORIES M/M: 0.8% V 0.3%E; WHOLESALE TRADE SALES M/M: -0.3% V 0.0%E
01[10:01] {@Threei}  JOY Hearing renewed takeover chatter circulating- Komatsu and Atlas again rumored as potential acquirers
01[10:02] {@Threei}  no go
01[10:11] {@Threei} Long Setup:  TWTR  .80 break
[10:11] {nathan} morning
01[10:11] {@Threei}  If holds  .70
01[10:12] {@Threei}  nathan
01[10:12] {@Threei}  changer to .70 break
01[10:12] {@Threei}  If holds  .60
[10:12] {nemo} I gotta reboot something funky going on with my system
01[10:12] {@Threei}  even with all the vodka in it?
01[10:12] {@Threei}  must be really funky
01[10:13] {@Threei}  change to .65 break
01[10:13] {@Threei}  If holds  .58
01[10:16] {@Threei}  meh
[10:17] {dino} nclh sm l .80
[10:20] {nemo} sheesh Logix can be touchy
[10:21] {dino} nclh stop .48 -.32
[10:24] {dino} nclh reload sm l .42
01[10:24] {@Threei} Long Setup:  FB  .05 break
01[10:24] {@Threei}  Invalidated
[10:26] {nathan} waiting for DAL reversal
01[10:26] {@Threei} Long Setup:  VXX  .45 break
01[10:27] {@Threei}  If holds  .35
[10:27] {dino} pretty good drop in making
[10:27] {RonS} big blocks going off nclh...needs to stop for a reversal
01[10:28] {@Threei}  1:1
[10:28] {nathan} thx 3i
01[10:29] {@Threei}  yw
01[10:29] {@Threei}  1:2
01[10:29] {@Threei}  1:3
[10:30] {nathan} long DAL .55 break if holds .45?
[10:31] {nathan} inval
01[10:32] {@Threei}  wow... exceeded expectations
01[10:39] {@Threei} Long Setup:  FB  .85 break
01[10:39] {@Threei}  If holds  .75
01[10:40] {@Threei}  sheesh
01[10:40] {@Threei}  breutal selling pressure
01[10:40] {@Threei}  -e
[10:41] {dino} eopn stuck stop to .38
01[10:41] {@Threei}  oh boy... https://fbcdn-sphotos-c-a.akamaihd.net/hphotos-ak-xpa1/v/t1.0-9/p720x720/10898257_1151592031536915_3080397135484673761_n.jpg?oh=f8e8d2a20553f92e022b4b0f30d35d19&oe=556CCC48&__gda__=1429255309_acbb595e5d37606ccf61e39e5938191e
[10:42] {dino} out eopn -.04
[10:42] {dino} cuda sm l .15 wide
[10:44] {cosmo} That's like asking "Who was Shakespeare?"
[10:44] {dino} who is john galt
[10:45] {cosmo} hmm...who is Santa?  ...comming soon
[10:45] {nemo} that's one of the best arguments I've seen for another Diluvian epoch
01[10:45] {@Threei}  http://www.bbc.com/news/world-europe-30735673
01[10:47] {@Threei} Long Setup:  CAT  .55 break
01[10:47] {@Threei}  If holds  .45
[10:48] {dino} blcm spike
[10:48] {dino} cybr sm l .49
01[10:52] {@Threei}  stop to .49
01[10:53] {@Threei}  1:1
[11:07] {dino} nclh to .82
02[11:09] * Disconnected
Session Close: Fri Jan 09 11:09:48 2015

Session Start: Fri Jan 09 11:09:48 2015
Session Ident: #discussions
02[11:13] * Attempting to rejoin channel #discussions
03[11:13] * Rejoined channel #discussions
[11:13] {dino} out nclh ave ,05, +.63
01[11:13] {Threei}  wtg
[11:14] {dino} ty
01[11:14] {Threei}  Brent crude hits fresh 5-year lows below $49.68/bbl, down over 3% - WTI crude down 2.5% at $47.55, still above Wednesday's low of $46.83
01[11:23] {@Threei}  look at this: https://www.facebook.com/VadymGraiferPhotography/posts/778107222268795
[11:24] {dino} added sap calls
[11:24] {dino} brb
[11:28] {nemo} VXX coming in but spy not moving much
[11:33] {RonS} out nclh 45.45 from 44.63 ave +.82  first time have seen such a high % of block volume on an absolute and % of the days volume...lesson is that it is a net positive since there are big buyers as well as sellers...thanks dino wherever you are...
01[11:36] {@Threei}  good one
01[11:41] {@Threei} Short Setup: FB  .75 break
01[11:41] {@Threei}  If holds  .85
[11:46] {ese} hey all....have a great weekend eh....
01[11:46] {@Threei}  you too ese
[11:46] {dino} u2 ese
[11:46] {ese} cya vad
01[11:47] {@Threei}  grrr
[11:49] {dptl} i think i have to lower position sizes to 100sh now
01[11:56] {@Threei} Long Setup:  CAT  .50 break
01[11:56] {@Threei}  If holds  .40
[11:57] {dino} blue spike
[11:58] {RonS} bolt of lightening?
[11:58] {dino} lol
01[12:01] {@Threei}  1:1
[12:02] {nathan} fu*/&%ng internet connection
[12:02] {nemo} such a universal word
[12:02] {nathan} lol
[12:02] {nemo} crosses many linguistic boundaries
[12:02] {nathan} the first english word i learned
[12:03] {dino} cuda drop
[12:04] {dino} cuda sm l .75
[12:04] {nathan} nemo, which is  the algo website?
01[12:04] {@Threei}  1:2
[12:04] {nemo} agilemetrix.com
[12:04] {nathan} thx
[12:05] {nathan} doesnt say much on the site
[12:05] {nathan} is it for the pros?
[12:05] {nemo} yes
01[12:06] {@Threei}  out in full
01[12:06] {@Threei}  1:3 vlose enough
[12:06] {JoebiWan} gj
01[12:06] {@Threei}  v=c
01[12:06] {@Threei}  ty
01[12:07] {@Threei}  1:4
[12:07] {dptl} ty
01[12:07] {@Threei}  yw
[12:11] {RonS} dino:  https://www.youtube.com/watch?v=p0OX_8YvFxA
[12:12] {nemo} he was a great guitarist...too bad he broke up with Nancy
[12:13] {nemo} she's playing an Ovation...mmmmmhhh
[12:13] {nemo} she's an awesome acoustic player
[12:14] {dino} she was great
[12:14] {nemo} is she dead?
[12:14] {nemo} VXX
[12:14] {RonS} ya, saw her on some kind of palmer/??? Zeppelin tribute... never realized how good she is
[12:15] {nemo} .25 break
[12:15] {nemo} yeah, that was great
[12:16] {nemo} lookinf doe .50
[12:16] {nemo} for
[12:16] {nemo} stop under .15
[12:16] {nemo} might be a bit early
[12:20] {dino} everything slowed down
01[12:23] {@Threei}  Nervousness about flagging US wage growth has driven equity declines this morning, with European indices closing at their lows and the three leading US indices all down more than 1%. The 10-year yield is down nearly seven basis points, putting it back below 2%.
01[12:23] {@Threei}  Dissection of the December jobs report focused chiefly on the hourly earnings component. The very healthy November gain in earnings was cut in half by revisions (to +0.2% from the preliminary +0.4%), and December earnings were -0.2%. The data pulled the y/y growth rate to its lowest level in more than two years (+1.7%). Note that the Fed is on record with its desire to see earnings growth accelerating to +3% y/y to help it accomplish its 2% inflation target.
01[12:24] {@Threei}  Crude prices are racking up fresh five-year lows this morning as markets accentuate the negative in the US jobs data. Brent crude futures are below $49.70, down over 3%. WTI crude is down 2.5% around $47.50, but still above Wednesday's low of $46.83
[12:24] {nemo} stop under .35
[12:24] {nathan} good spot nemo! thx
[12:24] {nemo} was a DKTK but didn't quite stop me out
01[12:25] {@Threei}  bold but worked out nicely
[12:25] {nemo} why bold
[12:25] {nemo} ?
01[12:25] {@Threei}  it was typical DKTK situation
01[12:26] {@Threei}  yet you played it head on
[12:26] {nemo} yeah but was watching iwm spy fas and aapl, they were getting ready to turn...aapl was the key
[12:27] {nemo} hit .50
01[12:27] {@Threei}  guys, I need to leave for about 40 min
[12:27] {nemo} run out of Depends?
01[12:27] {@Threei}  be back asap, hopefully there is no disconnect while I am away
01[12:28] {@Threei}  nah, need to renew prescription, the only spot doctor's office had was this morning
01[12:28] {@Threei}  but I'll pick up depends on my way back
[12:28] {nemo} stop to .40
01[12:28] {@Threei}  since I mailed last batch to you, I am running low
[12:28] {nathan} ok
[12:29] {nemo} they can't call in a new prescription?  sheesh
01[12:29] {@Threei}  no, it's been too long since its start, they want to look at me
01[12:29] {@Threei}  (weird, no one else does)
[12:29] {nemo} oh oh, give the doctor a shield to look through
[12:30] {nemo} this may have been VXX bottom
[12:30] {nemo} if indexes come in and watch aapl, this could be a Nantucket sleigh ride for the rest of the day
[12:31] {JoebiWan} still in vxx nemo?
[12:31] {nemo} stop under .40
[12:31] {nemo} [12:28] {nemo} stop to .40
[12:32] {nemo} partialed @.48
[12:34] {nemo} stop to .50
[12:35] {nemo} people buying option protection
[12:41] {nemo} well, that solidifies theo .50 stop
[12:43] {nemo} breaks .65 shoud be go time
[12:43] {dino} pb drop
[12:46] {nemo} wow
[12:46] {nemo} still holding
[12:46] {nemo} SPY could still test vwap
[12:46] {nemo} doesn't look like it though
[12:47] {nemo} PRU looks short
[12:51] {nemo} MA looks short
[12:51] {nemo} go time
[12:51] {nemo} stop to .55
[12:54] {JoebiWan} spy breaks .20 we should be good
[12:55] {nemo} look for 204 bounce
[12:57] {nemo} COF looks short here
[12:58] {nemo} stop up to .60
01[12:58] {@Threei}  back... doctor didn't want to look at me for too long and honestly... who could blame him
[12:58] {JoebiWan} lol
[12:58] {nemo} is he a statue in your back yard now?
[12:58] {nemo} we'
[12:58] {nemo} re still in vxx
01[12:58] {@Threei}  why, I let him run free
[13:00] {nemo} to .70
01[13:02] {@Threei}  wow... nice riding
[13:02] {nemo} ty
[13:03] {nemo} I figured Friday, with the weakness today it had to turn, it might keep going
[13:03] {nemo} bout 204 logical bounce for spy
01[13:06] {@Threei} Long Setup:  FB  .75 break
01[13:06] {@Threei}  If holds  .70
01[13:07] {@Threei}  ugh
[13:07] {JoebiWan} .55?
[13:07] {dptl} ?
01[13:07] {@Threei}  nevermind, wrong stock
01[13:07] {@Threei} Long Setup:  TWTR  .75 break
[13:07] {nemo} oy
01[13:07] {@Threei}  If holds  .68
[13:12] {JoebiWan} nice vxx play nemo
[13:13] {nemo} ty
[13:13] {nemo} spy looks like aapl
01[13:14] {@Threei}  1:1
01[13:36] {@Threei}  need a proof that smoking weed makes you stupid?
01[13:36] {@Threei}  http://globalnews.ca/news/1765090/man-accidentally-dials-rcmp-officer-offering-to-sell-weed/
[13:49] {cosmo} Keep trying until they submit.
01[13:49] {@Threei} Long Setup:  VXX  .90 break
01[13:49] {@Threei}  If holds  .80
01[13:50] {@Threei}  Invalidated
01[13:53] {@Threei} Long Setup:  IWM  118 break
[13:53] {nemo} DAL looks short
01[13:53] {@Threei}  If holds  .95
[13:55] {nemo} DAL
01[13:57] {@Threei}  meh
[14:04] {nemo} VXX
01[14:07] {@Threei} Long Setup:  TWTR  .95 break
01[14:07] {@Threei}  If holds  .85
[14:07] {dptl} why? what is difference? same system partialingout, but just smaller shares
[14:08] {dino} commission will eat up the gains
[14:08] {dino} i have to go 1000 or more to trade vad
[14:08] {dptl} but with bigger shares it will it up even more, no?
[14:09] {dptl} comm based on share amount , not fixed
01[14:09] {@Threei}  math: every 100 shares will add $10 at 10 cents move but $2 in commissions
[14:09] {dino} but vad is going for nickles and dimes, 400 shares cannot work on niickles and dimes, imo
01[14:10] {@Threei}  how do bigger shares suffer from commissions increase then?
01[14:13] {@Threei}  1:1  TWTRT
01[14:17] {@Threei}  1:2
[14:21] {nathan} gents have a nice weekend!
[14:21] {RonS} cya
01[14:21] {@Threei}  take care nathan
01[14:21] {@Threei}  1:3
01[14:21] {@Threei}  out
[14:21] {JoebiWan} gj
01[14:22] {@Threei}  1:4
01[14:31] {@Threei}  sheesh TWTR
06[14:32] * nemo racks Wyndham arms AR-10
[14:32] {dptl} what size you trade Vad? 1000sh lots?
[14:32] {dino} at least
01[14:33] {@Threei}  unless I say hl, and often larger, especially on smaller stop trades
[14:36] {RonS} lol... Definition of irony: 64 Ivy league  students suspended for cheating in an ETHICS class  http://dailym.ai/1tSnqtF
01[14:36] {@Threei}  lol
[14:37] {RonS} breaking news:  Three days of gunshots, killings, car chases and, as of today, hostage-taking are putting Parisians on edge http://bloom.bg/17qImgU
[14:38] {dino} welcome to philadelphia
[14:42] {RonS} twtr $40
[14:42] {RonS} .06
01[14:44] {@Threei}  1:10 TWTR
[14:44] {dino} g8tjob
01[14:44] {@Threei}  well... I wish I was still in :)'
01[14:44] {@Threei}  but this was a high quality call
[14:44] {RonS} blue solid black
01[14:45] {@Threei}  you mean blue is new black?
[14:45] {dino} no, orange is the new black
01[14:45] {@Threei}  my view on skirts: short is new black
[14:45] {dino} indeed
[14:46] {dino} good show, orange is new black
[14:47] {dptl} are you positive today   Vad?
[14:47] {RonS} speaking of... saw o's older daughter the other day...has turned into a horse like her mother...she ain't eating the crap school diet that was put out...
[14:48] {dino} roflol
[14:48] {nemo} she goes to that private school...she gets lobster and prime rib.  pate de foie gras
[14:52] {nemo} huh?
[14:53] {dino} hmm.
01[14:53] {@Threei}  ?
[14:54] {RonS} @  just joining in
06[14:54] * dino slaps RonS around a bit with a large trout
[14:54] {RonS} lol
[14:55] {dino} comedian needs a trout for his act
01[14:55] {@Threei}  ok... I tried to make sense out of it but then remembered that this is asylum
[14:55] {dino} good series too asylum on amer horror story
[14:57] {nemo} aapl looks short below .10
[14:57] {nemo} has to hold .20
[14:59] {nemo} or .20 break VXX looks like it's coming in
[15:01] {dino} out cuda 37.80 +1.05
[15:01] {RonS} gj
[15:01] {dino} ty
01[15:03] {@Threei} Long Setup:  TWTR  .10 break
01[15:03] {@Threei}  If holds  40
[15:04] {dino} damn, thought vwap would send it down
[15:04] {dino} must stop thinking
[15:05] {nemo} this is all aapl in the indexes
01[15:05] {@Threei}  SPY is about to break out
01[15:06] {@Threei}  tighten to .04
01[15:07] {@Threei}  out
[15:07] {nemo} aapl weakening if it comes in the indexes do too
[15:07] {dptl} out
01[15:08] {@Threei}  SPY did break but TWTR stopped following
01[15:08] {@Threei}  which is why I tightened
01[15:10] {@Threei} Short Setup: TWTR  40 break
01[15:10] {@Threei}  If holds  .10
01[15:11] {@Threei}  Invalidated
01[15:12] {@Threei}  should have just bought SPY
[15:17] {JoebiWan} vxx .60 break?
01[15:17] {@Threei}  I wpould prefer .50
01[15:17] {@Threei}  if holds .40
[15:17] {nemo} need aapl to show weakness
01[15:27] {@Threei}  wow
[15:28] {nemo} aapl gave way
01[15:28] {@Threei}  rug pull
[15:31] {dptl} lets short twtr at .20 break?
01[15:31] {@Threei}  let's
[15:33] {dptl} .10 break is good too ..i think
01[15:34] {@Threei} Long Setup:  FB  .80 break
01[15:34] {@Threei}  If holds  .70
01[15:39] {@Threei}  The female suicide bomber who blew herself up at an Istanbul police station on Jan. 6 has been identified as a Russian citizen.
01[15:39] {@Threei}  half out FB
01[15:40] {@Threei}  1:1
01[15:42] {@Threei}  1/4 more out
01[15:42] {@Threei}  1:2
[15:43] {dino} that was a nice one
01[15:43] {@Threei}  to answer earlier question - with this trade day goes positive
01[15:43] {@Threei}  ty
[15:44] {dino} i'll crack you up, only 3/7, but at 600 goal. had 2 run over a dollar up each
01[15:44] {@Threei}  wtg
[15:44] {dino} and my biggest stop was 157
[15:44] {nemo} next week first full non holiday week
01[15:45] {@Threei}  hmm?
01[15:45] {@Threei}  wasn;'t this one too?
01[15:45] {@Threei}  closed FB last peice
[15:45] {nemo} no...3 Kings day was Tuesday, most of Europe was still on vaca and probably took the rest of this week
[15:46] {dino} volume felt better this week
[15:46] {JoebiWan} did you miss that FB 1:3 early in the day dp?
[15:46] {nemo} it was, but will be better next week
[15:47] {dptl} the very first one with 1:3 yes..i couldnt get it was 7c away when i pull it up
[15:47] {dptl} Joebi
[15:47] {dino} dp, try to keep 10 or so on screen at once. i run 20 at a time
[15:48] {dino} opps 28
[15:48] {dptl} ?level 2s you mean?
[15:48] {dptl} 20?
[15:49] {dino} level 1
[15:49] {dino} hate to do it, but don't want to f' up a decent day , out cybr .20 -.29, thats the 4th stop
[15:50] {dptl} well i have qoute board with all of them, it takes only one click to bring them up...but in the morning, that second can be long and stock is away.......
[15:50] {dino} dp, you should have 20 or so on l1, just click to get to l2/trading window. you already know pretty much what vad will be trading
[15:50] {dino} ok, i get it
[15:51] {dptl} same here, but even with that it can be to late
[15:52] {dptl} thats why its not that simple to copy trades...specialy in the morning
[15:52] {dino} yes, it happens. some teleport
[15:52] {nemo} yeah, reality can be a bitch
01[15:52] {@Threei}  jw, did you get that FB trade?
[15:52] {nemo} remember a long fcx trade years ago dropped from the penthouse to the basement in a millisecond...yeowww!
[15:52] {JoebiWan} no, that one was quick
[15:54] {dino} calling it a week, vaya con chica
[15:54] {JoebiWan} cya dino
[15:54] {RonS} hast el perro
[15:54] {dino} u2
[15:54] {RonS} hasta
01[15:54] {@Threei}  thank you all, have a great weekend
[15:54] {JoebiWan} Time to break out some tequila
01[15:54] {@Threei}  see you monday
[15:55] {dptl} gn all

Jan 08 2015

Slightly negative for the day, as gap'n'stall defines the session. Ended with nice win that alnost took the day to b/e


Session Time: Thu Jan 08 00:00:01 2015

[09:14] {nemo} sheesh it was -6f when I got up
01[09:14] {@Threei}  I need permanent F-C translator...
[09:15] {Raven} -7F here in SW Michigan
[09:16] {RonS} unreal +48 here in Denver
01[09:17] {@Threei}  OK... around 50 here
[09:17] {Raven} shaddup
01[09:17] {@Threei}  yes sir
[09:17] {Raven} like frickin' Winnipeg here
01[09:17] {@Threei}  but you can always look up Winnipeg to feel better
01[09:17] {@Threei}  lol
[09:18] {dptl} gm
01[09:18] {@Threei}  dp :)
[09:18] {cosmo} 56F :)
[09:19] {Raven} oh please cosmo
[09:19] {cosmo} =13C
[09:19] {nemo} this guy was an awesome writer:  http://goo.gl/tpLrp3
[09:24] {cosmo} Deep freeze sends market bears into hibernation
01[09:26] {@Threei}  Upside:
01[09:26] {@Threei}  -BIND +51% (updates Phase 2 BIND-014 trial & outlined '15 strategic overview)
01[09:26] {@Threei}  -NBIX +24% (Phase 3 study of Elagolix)
01[09:26] {@Threei}  -RECN +7% (earnings)
01[09:26] {@Threei}  -S +6.9% (prelim Q3 platform net adds 967K v. 827K)
01[09:26] {@Threei}  -ARO +6.2% (raised Q4 guidance)
01[09:26] {@Threei}  -MNKD +6.2% (earned $50M milestone payment from SNY)
01[09:26] {@Threei}  -URBN +6% (Dec/holiday SSS)
01[09:26] {@Threei}  -SMRT +5% (Dec SSS)
01[09:26] {@Threei}  -ISIS +3.8% (guided FY14 pro forma net operating loss in mid-high teens)
01[09:26] {@Threei}  -NVS +2.1% (FDA panel unanimously supports EP2006 for preventing infections during chemotherapy)
01[09:26] {@Threei}  -CYTR +22% (phase 2 data)
01[09:26] {@Threei}  -CONN +8% (Dec SSS)
[09:26] {nemo} yeah ISIS went up after the Paris shootings
01[09:27] {@Threei}  Downside:
01[09:27] {@Threei}  -INFI -14% (Phase 2 study of Duvelisib missed primary endpoint)
01[09:27] {@Threei}  -PODD -8 (guided Q4 lower)
01[09:27] {@Threei}  -AFSI -5% (priced 3M share offering for net proceeds at $150M - implies price of $50)
01[09:27] {@Threei}  -STML -5% (offering common stock of indeterminate amount & licensing deal of small molecule reversible inhibitor of Exportin-1 (XPO1))
01[09:27] {@Threei}  -GWPH -4.8% (first of three Sativex Phase 3 pain trials failed to meet endpoint)
01[09:27] {@Threei}  -ALXN -3.7% (Phase 2 trial of Eculizumab did not meet primary endpoints)
01[09:27] {@Threei}  -WDFC -3% (earnings)
01[09:31] {@Threei} Long Setup:  VXX  .55 break
01[09:31] {@Threei}  If holds  .50
01[09:34] {@Threei}  meh
[09:34] {nemo} going for the overnight high in the futes
01[09:36] {@Threei} Short Setup: FB  .35 break
01[09:36] {@Threei}  If holds  .45
01[09:36] {@Threei}  Invalidated
[09:38] {dptl} wll 29 break short?
[09:39] {dptl} inval
[09:39] {nemo} they're driving the futures
01[09:39] {@Threei} Long Setup:  FB  .55 break
01[09:39] {@Threei}  If holds  .45
01[09:40] {@Threei}  change to .50
[09:40] {nemo} two way
01[09:40] {@Threei}  If holds  .40
[09:42] {nemo} short .44
01[09:42] {@Threei}  Invalidated
[09:42] {nemo} stop above .50
[09:42] {nemo} 1:1
[09:42] {nemo} stop to .40
01[09:43] {@Threei} Long Setup:  TWTR  .30 break
01[09:43] {@Threei}  If holds  .20
01[09:43] {@Threei}  1:1
[09:43] {dptl} lol
01[09:45] {@Threei} Long Setup:  VXX  .60 break
01[09:45] {@Threei}  If holds  .50
[09:46] {nemo} out
[09:46] {nemo} should stop just above .50
01[09:49] {@Threei}  come on already SPY, gravity exists
[09:50] {nemo} shoulda' held my original stop
[09:50] {nemo} spy likely to test R3 @.90 which puts it in spitting distance to 205
01[09:52] {@Threei}  there is so much air under it, should let some out first
01[09:52] {@Threei}  1:1
[09:53] {dptl} twtr .10 break short?
[09:54] {dptl} no..inv
01[09:54] {@Threei}  dp, not first 30 min
[09:58] {dino} pcrx smr l .86
01[10:00] {@Threei} Long Setup:  TWTR  .35 break
01[10:00] {@Threei}  If holds  .25
01[10:01] {@Threei}  trail to .29 after .40 break
01[10:02] {@Threei}  1:1
01[10:05] {@Threei} Long Setup:  C  .80 break
01[10:06] {@Threei}  If holds  .70
01[10:10] {@Threei}  no go
[10:10] {dptl} out
[10:10] {JoebiWan} out twtr, ty
[10:10] {nemo} spy 61.8 retrace right here
01[10:10] {@Threei}  yw
01[10:11] {@Threei}  dp, have you taken VXX and TWTR?
[10:11] {dptl} no, just took c
01[10:11] {@Threei}  pray tell why
01[10:12] {@Threei}  neither was difficult to get in
01[10:13] {@Threei}  we spoke about 200 times that your picking and choosing ruins the system
01[10:13] {@Threei}  then you complain about having bad day
01[10:13] {@Threei}  and then do the same thing next day
[10:15] {nemo} spy gap close coming BTFD!!!
[10:18] {nemo} not a single red stock on the algo 44 strong/44green
01[10:18] {@Threei} Long Setup:  FB  .85 break
01[10:18] {@Threei}  If holds  .75
01[10:18] {@Threei}  1:1
[10:19] {dptl} turn up stock and its at .93
01[10:21] {@Threei}  of course
01[10:21] {@Threei}  why have you skipped those two cvalls?
01[10:21] {@Threei}  -v
01[10:21] {@Threei}  you even asked me about another stock while VXX was in play
01[10:22] {@Threei}  are you firmly determined to continue self-sabotage to the bitter end?
[10:22] {dptl} twtr i just symply missed....and vxx i just didt understand
01[10:23] {@Threei}  TWTR was slow enough for entry
01[10:23] {@Threei}  and we have made an agreement
01[10:23] {@Threei}  I don't care what you understand, you promised to take trades called
01[10:23] {@Threei}  and to ask about yor own, and take them only on confirmation
[10:26] {dptl} yes, will do that now....i just want to understand the reason for trade, and when i dont understand i just have hard time to press that button
01[10:27] {@Threei} Long Setup:  TNA  .20 break hl
01[10:27] {@Threei}  sorry, I am not launching into that discussion for upteenth time
01[10:27] {@Threei}  I thought we were done with that
01[10:28] {@Threei}  Invalidated
[10:32] {dptl} vlo .80 brak short?
[10:32] {dino} out pcrx 87.36, +1.50
[10:32] {JoebiWan} nice
01[10:32] {@Threei}  wtg
[10:32] {RonS} gj
[10:32] {dino} ty
[10:39] {dptl} dal .60 break short?
01[10:41] {@Threei}  yes
[10:45] {dptl} stopped
01[10:45] {@Threei}  of course
[10:45] {nemo} shorting today, sheesh...gap close .43 spy, then maybe
[10:48] {nemo} gap close now let's see if they're serious
[10:48] {nemo} DP, you need to look at the bigger picture...you were pissing into the wind on that short
[10:54] {nemo} CAT weak
[11:08] {JoebiWan} xom .10 break?
01[11:08] {@Threei}  nah
01[11:08] {@Threei}  50 cents run up
01[11:09] {@Threei}  with just one red bar
[11:13] {nemo} waiting on 11:30 europe close
01[11:16] {@Threei}  revresal should be close
[11:18] {dptl} yhoo?
01[11:18] {@Threei} Long Setup:  VXX  31 break
01[11:18] {@Threei}  If holds  .90
01[11:20] {@Threei}  Invalidated
01[11:20] {@Threei}  for now
01[11:21] {@Threei}  WASHINGTON - Facing tight budgets and a shrinking military, the Pentagon said on Jan. 8 it was ending operations at an air base in Britain and handing it and 14 other sites in Europe back to their home governments in a move projected to save $500 million annually.
01[11:24] {@Threei}  valid again
[11:25] {dino} just what putin wants
01[11:25] {@Threei}  remind me again, how many billions fed was pouring in every month during QE3?
01[11:26] {@Threei}  but now haklf billion a year is so important that we withdraw from Europe, right when it's under war threat first time since WW2?
01[11:39] {@Threei}  let's trail to .94
01[11:39] {@Threei}  long stall
01[11:41] {@Threei}  lose that .45 already SPY
01[11:41] {@Threei}  and crash
01[11:41] {@Threei}  1:1
[11:42] {nemo} It is inherently difficult to organize anarchists. - Will Spencer
01[11:43] {@Threei}  tell me you took it dp
[11:43] {dptl} yes out some at 1:1 ty
01[11:43] {@Threei}  wow
01[11:43] {@Threei}  I am impressed
01[11:44] {@Threei}  I disagree nemo
01[11:44] {@Threei}  it's easy - just tell them that their orders are to remain disorganized
[11:46] {dino} afsi sm l .01
[11:51] {RonS} afsi secondary today at $50
[11:52] {dino} yeah, saw that
[11:57] {RonS} ulta looks toppy
[11:59] {RonS} volume too low to do much
01[12:01] {@Threei}  http://www.cbc.ca/fifth/episodes/2014-2015/putins-long-shadow
[12:08] {dino} out afsi .25, +.24
01[12:11] {@Threei}  1:2
01[12:11] {@Threei}  wow... took its sweet time
01[12:11] {@Threei}  30 min between 1:1 and 1:2
01[12:13] {@Threei}  will try for 1:4
01[12:13] {@Threei}  1:3
[12:13] {dptl} all out ty
01[12:14] {@Threei}  yw
01[12:21] {@Threei}  The lower weekly jobless claims numbers plus hopes for another ~250K print in the December non-farm payrolls report tomorrow are helping sustain today's rally. In Europe, signs of deflation in the November PPI data and poor German factory orders may have assisted the run higher, placing even more pressure on the ECB to launch QE right away. With risk on, the 10-year yield is back above 2.0% as yield curve steepens
01[12:21] {@Threei}  WTI crude is just shy of $49, just below the level seen over the last 24 hours. Analysts continue to predict a recovery in prices in 2015. BoA said WTI would close out the year at $82 and Brent at $87, although the firm was saying just yesterday that Brent could test $40 in near term and WTI could test $35.
01[12:37] {@Threei} Long Setup:  YHOO  50 break
01[12:37] {@Threei}  If holds  .90
01[12:42] {@Threei}  1:1
[12:50] {dptl} out on trail yhoo
[12:53] {dptl} jpm .45 break short?
01[12:54] {@Threei}  not here not there
[12:54] {dptl} ok
[12:55] {dptl} what about wmt?
[12:56] {dptl} .25 break sh ?
01[12:56] {@Threei}  are you ao eager to take the trade after trade after trade when market is frozen?
01[12:56] {@Threei}  why are you in this hyperactive trade search mode at this time of the day?
01[12:57] {@Threei}  YHOO was impossible to resist C&H, clean as a whistle, one of the best chart patterns out there
01[12:58] {@Threei}  all these you list are mediocre setups at best, having beetter than average chance to work only in a very strong trend
01[12:58] {@Threei}  during lunch time on a large gap up day, during market stall?
[12:58] {dptl} ye you right...
01[12:59] {@Threei}  hell, you'd have to hit my fingers with a hummer to make me take any of these
01[13:00] {@Threei}  look how both of them do absolutely nothing
[13:00] {dptl} yes
[13:05] {RonS} kate spanked
01[13:06] {@Threei}  lol
01[13:14] {@Threei} Long Setup:  JPM  .55 break
01[13:14] {@Threei}  If holds  .45
01[13:18] {@Threei}  https://fbcdn-sphotos-g-a.akamaihd.net/hphotos-ak-xaf1/v/t1.0-9/10376739_681485841898450_9589814516565067_n.jpg?oh=000fccfc94db8d3f922bdde930b05611&oe=552957B2&__gda__=1429408237_2e5b36fecdf199d914be987a06cd5d30
[13:19] {JoebiWan} lol Ron, just saw that
[13:19] {RonS} lol 3i...perfect
01[13:19] {@Threei}  :)
[13:34] {nathan} hi gents
01[13:34] {@Threei}  hey nathan
[13:34] {nathan} how was it?
01[13:34] {@Threei}  decent
[13:34] {nathan} nice rally this morning
01[13:39] {@Threei}  got good 1:3 on VXX too when SPY pulled back
01[13:40] {@Threei}  hat, private message please
[13:40] {nathan} gj men
[13:44] {nathan} why vxx is not shortable?
01[13:46] {@Threei}  hat, asnwer private message
[13:50] {nemo} use xiv nathan
[13:51] {nathan} vxx is the ETN inverse  of xiv?
01[13:51] {@Threei}  rather XIV is inverse of VXX
[13:52] {nathan} right
[13:53] {RonS} true story...when younger knew an older guy named Hatton so went by Hat...a real character who had been a barnstormer in the '20's... one night he got up to go to the bathroom... the wife's cat had crapped on the floor and he stepped in it... hat got a gun and shot the cat...
01[13:54] {@Threei}  tell me wife got a gun and shot him
[13:55] {RonS} she told the story to me and laughed about it...
01[13:55] {@Threei}  now I want to shoot both
[13:56] {RonS} well, both have passed so you will have to wait...
01[13:56] {@Threei}  oh well
01[13:57] {@Threei}  at least I hope that cat was the first to greet them there, with a good smack on the head
[13:57] {nathan} hat didnt answer?
01[13:57] {@Threei}  did
01[13:58] {@Threei}  don't see news for this sharp selling
[13:59] {dptl} stopped jp
[13:59] {RonS} oil crashing again sub 48
[14:02] {RonS} rtrx gone pulp
[14:03] {RonS} $RTRX gets FDA Orphan Designation for Sparsentan for treatment of Focal Segmental Glomerulosclerosis http://stks.co/j1X4Y
01[14:04] {@Threei} Long Setup:  VXX  .35 break
01[14:04] {@Threei}  If holds  .25
01[14:05] {@Threei}  Invalidated
[14:08] {dptl} .20 break ?vxx
01[14:08] {@Threei}  can't tell
[14:09] {dptl} ok
[14:17] {RonS} pic.twitter.com/Q1BKUrwh6J
01[14:18] {@Threei}  lol
01[14:26] {@Threei} Long Setup:  IWM  .65 break
01[14:26] {@Threei}  .c .55
01[14:27] {@Threei}  If holds  .55
01[14:28] {@Threei}  SPY looks to me like going to day high
[14:29] {RonS} crude back to 49ish
01[14:32] {@Threei}  1:1
[14:32] {dino} feels that way 3i
[14:32] {dino} can't take it down, so up it goes
01[14:33] {@Threei}  yeah, gravoty has been canceled
01[14:33] {@Threei}  gravity
[14:35] {dptl} out trail iwm
01[14:43] {@Threei}  divergence IWM/SPY
01[14:43] {@Threei}  too bad... SPY new highs
[14:51] {nemo} so, is this a setup for NFP numbers tomorrow
[14:57] {dino} boring afternoon. 2 trades positive in am, nothing else
[14:57] {dino} no spikes, no drops
01[14:57] {@Threei} Short Setup: DAL  48 break
[14:58] {dino} zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz
01[14:58] {@Threei}  If holds  .10
01[14:58] {@Threei}  large gap day, and no news, dino...
[14:58] {dino} i understand
[14:58] {nemo} typical V bottom
[14:58] {nemo} higher low
01[14:59] {@Threei}  *(US) NOV CONSUMER CREDIT: $14.08B V $15.0BE
01[15:00] {@Threei}  no go
[15:01] {dptl} stopped dal
[15:02] {nathan} gents have a good night
[15:02] {nemo} vaya con pollo
01[15:03] {@Threei}  take care nathan
[15:03] {dino} pollo?
[15:03] {RonS} lol
[15:03] {nathan} con pollo?
[15:03] {nathan} wtf??? ;-)
[15:03] {nemo} already used diablo, first thing that came to mind
[15:03] {dino} why not chicas
[15:03] {nemo} what no se gusta pollo?
[15:03] {dptl} cop .10 break short?
01[15:04] {@Threei}  no
[15:04] {dptl} ok
01[15:04] {@Threei}  it's a long of anything
[15:05] {dino} dp, "be water"
[15:05] {nemo} oh jeez
[15:05] {nemo} don't get me started
01[15:05] {@Threei}  nemo: be vodka
[15:05] {RonS} go take a leak?
[15:05] {nemo} Bruce Lee and his pop Taoism
[15:06] {dino} c'mon, he's fighting the current
[15:06] {nemo} who is
[15:06] {dino} dp
[15:07] {dptl} you know...i just ..again... dont know what to be...killing myself slowly again...
[15:08] {dino} you remind me of magoo. always have to have a trade on.
[15:09] {dptl} i am doing about 50percent less trades now...
01[15:09] {@Threei}  day after day, same story. You follow our agreement, you do much better. You break it, it's a train wreck
[15:09] {dino} wait for your edge, cut your tading in half or more, take yuor high percentage trades
[15:09] {nemo} you also don't see the bigger picture of the market and it's implications
01[15:09] {@Threei}  why the hell do you "not know what to do," is beyond me
[15:09] {nemo} we ground up, and stayed in a relatively tight range.
01[15:09] {@Threei}  do what we discussed and agreeed you do
01[15:10] {@Threei}  why is it always "I took all losing trades, I skipped all winning ones??"
[15:10] {nemo} only index to drop to vwap today were the finnies
[15:10] {dino} no point in pushing a stuck gap up market. just relax, sit back and wait
[15:10] {RonS} ande  used to be andes...
[15:10] {nemo} so basically should be long trades only
[15:11] {nemo} on top of that grind up days tend to give fewer good setups
[15:11] {dptl} i took 7 of your trades today Vad...didt trade anything mine
01[15:11] {@Threei}  didn't you say you skipped some?
01[15:11] {@Threei}  so did yesterday
[15:11] {nemo} early ones
01[15:11] {@Threei}  "I don';t know why I didnt"
[15:12] {dptl} missed couple, but stayed with yours till the end
[15:14] {dptl} i even turned everything off, left only two charts on my screen
[15:19] {RonS} kate says:  wtf? who ever paid any attention to BMO?
01[15:19] {@Threei} Long Setup:  JPM  .60 break
01[15:20] {@Threei}  If holds  .52
01[15:21] {@Threei}  change to .55 break
01[15:21] {@Threei}  If holds  .50
[15:29] {nemo} these new bunny treats taste pretty good
01[15:30] {@Threei}  you incur from her reaction or taste them yourself?
[15:31] {nemo} myself
01[15:32] {@Threei}  well... someone took advice "be vodka" literally
[15:32] {nemo} be the bunny
[15:32] {RonS} lol
01[15:33] {@Threei}  have to disappoint you - there was no successful attempt to replace all the blood in one's body by vodka in history of a mankind
01[15:33] {@Threei}  partial successes, yes... Russian experimentators cam as close as possible
[15:33] {nemo} chop chop chop into the close
01[15:34] {@Threei}  yeah, that's why I am try for aggressive entries with tight stops only
[15:34] {nemo} I had a couple of successful vxx scalps this afternoon, that's it
01[15:34] {@Threei}  meh
01[15:45] {@Threei} Long Setup:  IWM  .55 break
01[15:45] {@Threei}  If holds  .50
01[15:47] {@Threei}  half out
01[15:47] {@Threei}  stop to .54
01[15:51] {@Threei}  thank you all, have a great evening
01[15:51] {@Threei}  see you tomorrow
[15:53] {dino} gn all
[15:53] {JoebiWan} gn
[15:53] {dptl} gn all
[15:53] {dino} gn all
[15:53] {JoebiWan} gn
[15:53] {dptl} gn all
[15:57] {dptl} out more iwm ty
[15:59] {dptl} all out .74

Jan 07 2015

Started the day in back and forth manner, with wins and rinses ahead of FOMC minutes. After the release however things became more orderly and 4 winning trades in a row fixed the day right up.



Session Start: Wed Jan 07 03:17:16 2015

[09:06] {dino} gm
01[09:07] {@Threei}  dino :)
[09:14] {dptl} gm
01[09:14] {@Threei}  dp :)
[09:17] {JoebiWan} gm
01[09:17] {@Threei}  jw :)
01[09:25] {@Threei}  Upside:
01[09:25] {@Threei}  -GALT +38% (positive Phase 1 trial results on GR-MD-02)
01[09:25] {@Threei}  -PKT +23% (Q4 guidance)
01[09:25] {@Threei}  -ARNA +14% (reports positive Phase 1b clinical trial evaluating APD334 for autoimmune disease)
01[09:25] {@Threei}  -SONC +8.2% (earnings)
01[09:25] {@Threei}  -SVU +5% (earnings)
01[09:25] {@Threei}  -PEP +2.7% (3G Capital reportedly eying targets in food & beverage sector with $5B fund; BUD & CPB also up marginally on the news)
01[09:25] {@Threei}  -HALO +2.4% (FY15 guidance)
01[09:25] {@Threei}  -GMCR +2.2% (confirmed deal with DPS to bring products to Keurig Cold System)
01[09:25] {@Threei}  -JCP +22% (strong SSS)
01[09:25] {@Threei}  Downside:
01[09:25] {@Threei}  -KBIO -68% (discontinued KN001-A in cystic fibrosis - failed to meet primary endpoint)
01[09:25] {@Threei}  -MU -2.7% (Q2 guidance)
01[09:25] {@Threei}  -MERU -2.7% (Q4 guidance)
[09:26] {ese} gm
01[09:27] {@Threei}  ese :)
[09:27] {ese} mornin vad
[09:31] {dino} out ual from yesterday 63.76 to 65.12, +1.36
[09:31] {JoebiWan} gj
[09:32] {dino} ty
01[09:32] {@Threei} Long Setup:  VXX  .80 break
01[09:32] {@Threei}  If holds  .70
01[09:33] {@Threei}  trail to .74
[09:34] {ese} eeeeeeeouuuuuuuuuuuuuzzzaaaaaaa dino nice
[09:34] {nemo} FED @2 today
01[09:34] {@Threei}  out
01[09:35] {@Threei}  minutes?
[09:35] {nemo} 2:00 PM
[09:35] {nemo} minutes
[09:36] {nemo} car explosion just went off in Paris in front of a Synagogue
01[09:41] {@Threei} Long Setup:  IWM  116 break
01[09:41] {@Threei}  If holds  .90
01[09:42] {@Threei}  1:1
[09:42] {nemo} sheesh
01[09:47] {@Threei} Long Setup:  COP  .85 break
01[09:47] {@Threei}  If holds  .75
[09:48] {ese} was a shooting in Paris.....executions of a magaine staff that lampoons Mohamid alot
[09:48] {ese} ad
01[09:49] {@Threei}  1:1
[09:49] {dino} my god better than your god nonsense
[09:49] {cosmo} omg
[09:49] {ese} really pisses me off
[09:49] {nemo} Putin has the right solution for that shit
[09:50] {dino} yes, bury them in pig skins
[09:50] {ese} I hate to say it but yes
[09:50] {dino} world would be a better place without religion
[09:51] {ese} sad to say but yes
[09:51] {nemo} no...he finds out who the perpetrators are then kills them and as many relatives of theirs as he can find.  He wants them to know their extended family will be joining them in Paradise
[09:51] {nemo} remember the Chechen attack on the Moscow theater a few years back?
[09:51] {dino} y
[09:51] {nemo} Haven't heard much about Moslem problems over there have you?
[09:52] {nemo} Sent the Speznaz into Chechnya
[09:52] {nemo} wiped out entire villages
[09:52] {dino} the west is too soft, too much of this "feelings" crap
[09:52] {nemo} rule of law crap
[09:53] {dino} "dick your neighbor" rule
[09:54] {cosmo} is there a natural law rule?
[09:54] {nemo} yeah...survival of the fittest
[09:54] {cosmo} live and let live?
01[09:54] {@Threei} Long Setup:  MCD  .50 break
01[09:54] {@Threei}  If holds  .40
[09:55] {cosmo} And that 'live and let live" answer got me sent out to the hall once
[09:55] {nemo} not really cosmo, the world is one big food chain
[09:56] {cosmo} got it
[09:56] {nemo} Antelopes tried that on the tigers...didn't go over so well
[09:56] {dino} yes, as soon as you relax somebody hits you
01[09:56] {@Threei}  I find North Dakotians a bit too chewy
[09:56] {nemo} marinade them longer
01[09:56] {@Threei}  oh
[09:57] {dino} sort of like cannibals not liking clowns....they taste funny
01[09:57] {@Threei}  I thought they spent too much time in the freezer
[09:57] {nemo} depends on what they've been eating...you want to hunt around corn country
01[09:57] {@Threei}  1:1
[09:57] {dptl} wheredid you get in mcd Vad?
[09:57] {nemo} city humans often filled with junk food and soda....taste like shit
01[09:58] {@Threei}  .52
[09:58] {dptl} i couldnt
[09:58] {nemo} best thing to do is wound them, take them home and feed them for a few days then butcher them
[09:58] {dptl} didnt even see it trade...went to .57
01[10:02] {@Threei} Short Setup: GLD  .35 break
01[10:02] {@Threei}  If holds  .45
[10:02] {nemo} no surprise after such a down run, only strong stocks on algo
[10:08] {ese} Goldman Sach Ceo Blankfein interview still bullish on the mrkt......CNBC
[10:09] {RonS} how can he be otherwise?
01[10:11] {@Threei}  no go
[10:12] {cosmo} when he's covering shorts
[10:13] {RonS} ahem, when you are covering shorts you are bullish...
[10:17] {nemo} he's talking his book so his traders can unload on the sheep
01[10:20] {@Threei} Long Setup:  WMT  .85 break
01[10:20] {@Threei}  If holds  .75
[10:23] {ese} as much as it pains to to say it......i'm in nemos court....anytime somebody says something like bullish on the mrkt....ya gotta think otherwise...don't think theres any question....at least in my mind the retail and institutional guys are gonna dump into the mrkt
01[10:24] {@Threei}  no go
[10:24] {dptl} out
[10:24] {dptl} taking break
01[10:31] {Threei}  did my VXX 33 call go through??
[10:31] {dino} vxx l .11
[10:31] {JoebiWan} no
01[10:31] {Threei}  was right about disconnect time
01[10:32] {Threei}  crrrrrap
01[10:32] {Threei}  was waiting for pullback
[10:32] {dino} out vxx .23, +.12
[10:32] {ese} sheesh......terminated
01[10:34] {Threei} Long Setup:  VXX  .10 break
01[10:34] {Threei}  If holds  33
[10:35] {dptl} wich stock? disconected
01[10:35] {Threei}  VXX
[10:36] {dptl} was it .10 break?
01[10:36] {Threei}  stop to .04
01[10:37] {Threei}  out
01[10:37] {Threei}  1 cent to 1:1
[10:38] {dptl} twtr .90 long?
[10:39] {RonS} somg
01[10:39] {Threei}  not if loses .85
01[10:40] {Threei}  no kidding
01[10:40] {Threei}  grrr
[10:40] {dptl} ok..ye was thinking with .84 stop
01[10:41] {Threei}  crap VXX, what a rinse
01[10:44] {Threei} Short Setup: JPM  .05 break
01[10:44] {Threei}  If holds  .10
01[10:45] {Threei}  Invalidated
01[10:54] {@Threei} Long Setup:  IWM  .15 break
01[10:54] {@Threei}  If holds  .05
01[10:55] {@Threei}  not getting rhythm
[10:56] {nemo} FED day
[10:56] {dptl} out
01[11:01] {@Threei}  JNPR Hearing takeover chatter circulating- IBM rumored as a potential acquirer \
02[11:01] * Disconnected

03[11:07] * Rejoined channel #discussions
01[11:07] {Threei}  what the deuce today
01[11:08] {Threei}  Ukraine separatists claim cyber attack on German sites
[11:08] {dptl} dis .65 short?
01[11:08] {Threei}  hit our server in the process or what
01[11:08] {Threei}  yes
[11:10] {nemo} JOY
01[11:11] {Threei}  we are happy for you
01[11:11] {Threei}  what exactly did you do to achieve this state?
[11:11] {nemo} see that volume spike
[11:11] {nemo} copious amounts of vodka
01[11:11] {Threei}  ah
[11:12] {nemo} Hey DP, still drinking Hangar 1?
[11:12] {dptl} ?
[11:12] {nemo} short JOY stop above .25
[11:15] {nemo} thought you did, must be somebody else
01[11:18] {Threei} Long Setup:  VXX  .50 break
01[11:18] {Threei}  If holds  .40
01[11:18] {Threei}  Invalidated
[11:19] {nemo} SPY going back to vwap
01[11:19] {Threei}  sheesh
01[11:19] {Threei}  ok, valid again
[11:19] {nemo} EBAY
[11:20] {nemo} frickin JOY is chinese water torture
[11:22] {nemo} stop to .20
01[11:22] {Threei}  1:1  DIS
[11:22] {nemo} EBAY
01[11:23] {Threei}  lose that 201 SPY
01[11:23] {Threei}  and crash
01[11:26] {Threei}  1:1  VXX
[11:26] {nemo} I'm scratching JOY
01[11:26] {Threei}  ummmm
01[11:26] {Threei}  ron... not a word
01[11:26] {Threei}  (although I know how difficult it is to refrain)
[11:27] {nemo} yeah, JOY was jerking me
01[11:31] {Threei}  1:2  DIS
[11:32] {dptl} out dis on trail
[11:35] {dptl} wll .15 break short?
[11:36] {dptl} or .20 better?
[11:37] {dptl} got away
01[11:37] {Threei}  yeah
01[11:37] {Threei}  shot through the whole range
[11:37] {dptl} oops i got .13
[11:38] {ese} mmmm terminated again
[11:38] {dptl} will keep .26 stop
01[11:38] {Threei}  you missed nemo having real JOY, ese
[11:40] {ese} Scwarzenegar has nothing on me....thats twice this morning
[11:40] {ese} lol
01[11:40] {Threei}  start covering dp
[11:40] {ese} for some reason i have a very vivid picture of that and his joy
01[11:40] {Threei}  it can jump back up quickly
[11:40] {dptl} out..small shares
[11:41] {nemo} could argue ebay short here, but FED lunchtime
[11:43] {dptl} dal .05 break long?
[11:43] {nemo} next short area for ebay would be .95ish
01[11:43] {Threei}  DAL, yes
[11:45] {dptl} .94 stop
06[11:50] * Threei kicks DAL in the turbine
[11:51] {nemo} you'll lose ur foot that way
01[11:53] {Threei}  see what sacrifice I am willing to make for dp's profits?
01[11:55] {Threei}  1:1
06[11:55] * Threei slaps dptl around a bit with a large roll of cash
[11:55] {ese} gotta go...cya tomorrow
01[11:55] {Threei}  take care ese
[12:00] {dptl} i'll trail under .10 now
01[12:01] {Threei}  1:2
[12:01] {dptl} .14 now
[12:02] {JoebiWan} gdx .20 short?
01[12:03] {Threei}  chart's right
01[12:03] {Threei}  .27 would be invalidation
01[12:03] {Threei}  nah, invalid
[12:04] {dptl} out dal
[12:05] {dptl} need two more like that one to be in black
[12:06] {dptl} but no time, have to catch a plane back home in a couple of hours
[12:08] {@dino} dks spike
[12:08] {@dino} halt
01[12:12] {Threei}  DKS Said to be holding early stage LBO talks
01[12:12] {Threei}  dino, dcc pls
01[12:14] {Threei}  Crude prices fell further during the European session, with the front-month WTI contract touching fresh 5.5 year lows around $47. Rumors made the rounds as US traders were coming into the market that Saudi King Abdullah may have died, goosing WTI up to nearly $49.50, although there was no substance to the talk.
01[12:14] {Threei}  The latest polls out of Greece show Syriza with a three-point lead over the New Democracy. Meanwhile, the Eurozone December CPI data suggested that disinflation has deepened in Europe. The euro continues to take on water, with EUR/USD at nine-year lows around 1.1820.
01[12:16] {Threei}  http://www.arrestinglight.com/blog/2015/1/christmas-lights
[12:18] {dptl} may be another dal .25 break long?
[12:19] {dptl} what do you think Vad?
01[12:19] {@Threei}  nah
01[12:19] {@Threei}  50/50
[12:19] {dptl} ok
[12:21] {dptl} vlo?
[12:23] {dptl} oh ...twtr short .90 break?
[12:27] {@dino} dks sm s .71
[12:30] {dptl} ok.. well have to leave.....see ya tomorrow all
[12:31] {RonS} cya dp
[12:31] {@dino} cov dks .11, +.60
[12:31] {JoebiWan} gj
[12:36] {dino} still btfd
01[13:26] {@Threei}  At the December meeting, the Fed made its long await language tweak, from "considerable time" to "patient", that was meant to signify the start of a new phase in which the central bank will begin contemplating the path to policy normalization. Much of the focus on today's minutes will be on how the members arrived at this choice of words and what other language might have been considered. At the December press conference Chair Yellen indicated that "patient" means no tightening for at least the next two meetings. The minutes will continue to stress that rate policy is data dependent, and thus can evolve either faster or slower depending on upcoming trends in the data.
01[13:27] {@Threei}  There were 3 dissents (2 hawkish and 1 dovish) at the meeting so there is clearly a hot debate going on about the timing and pace of scaling back accommodative policy, but it's not clear if much new will be learned about this in today's minutes. Based on comments from FOMC member speeches, the general consensus appears to be that once rate lift off occurs they will not put rate hikes on autopilot, and most members believe that rates will rise more slowly this time than they have in the past.
[13:27] {dino} juno drop
01[14:00] {@Threei}  *(US) MINUTES OF THE DEC 16-17TH FOMC MEETING: NEAR TERM INFLATION DECLINE REFLECTED FALLING ENERGY PRICES AND STRONGER USD; FALL IN ENERGY TO SHOW NET POSITIVE TO JOBS GROWTH AND ECONOMY
01[14:04] {@Threei}  hectic
01[14:07] {@Threei} Long Setup:  IWM  .20 break
01[14:07] {@Threei}  If holds  .10
01[14:08] {@Threei}  1:1
01[14:31] {@Threei}  looks like breakout is coming
01[14:32] {@Threei} Long Setup:  IWM  .30 break
01[14:32] {@Threei}  If holds  .20
01[14:33] {@Threei}  1:1
01[14:33] {@Threei}  1:2
01[14:36] {@Threei}  1:3
01[14:37] {@Threei}  good call 3i
01[14:37] {@Threei}  why thank you
01[14:37] {@Threei}  be back in 30
[14:38] {dino} aldr spike
[14:39] {RonS} aldr spikes like it's bamboo?
[14:40] {dino} damn, missed it, waiting at .15, never came back
[15:00] {dino} aldr spikes again
[15:02] {RonS} aldr laying some wood?
[15:03] {dino} 2ndary few days ago, odd
[15:03] {dino} break of .00 will trig short
[15:05] {dino} wide
01[15:05] {@Threei}  lol ron
[15:06] {dino} alks spike
[15:10] {RonS} small biotech popping like they are firecrackers...chain reaction
[15:11] {dino} just need yellen to yell about them again
[15:13] {dino} good girl aldr, covered .48, +.50
[15:13] {dino} opps, cov .38, +.60, my bad
[15:14] {dino} in any case, too soon
[15:14] {RonS} glad you cleared that up, was looking at t&s thinking wtf?  gj
[15:15] {RonS} hlf ripping
[15:15] {dino} ty, had .58, changed the buy/cov to .38, just mind f#ck on the .48
[15:15] {dino} but incredibly early, dropped another .50
[15:17] {dino} too many distractions lately, things should calm down next week for me. just had bid accepted for another foreclosure.
[15:18] {dino} awwwww aldr
01[15:19] {@Threei} Long Setup:  IWM  .40 break
01[15:19] {@Threei}  .c .30
01[15:19] {@Threei}  If holds  .30
[15:20] {RonS} ya well, better than having aldr burn you  :)
01[15:20] {@Threei}  I like poultry smoked with alrd
[15:20] {RonS} lol just thinking being in PA you have no idea what alder is...
[15:21] {RonS} grows like a weed in the northwest...
01[15:21] {@Threei}  appl, chrry and pear work well too
[15:21] {nemo} VXX anybody
01[15:21] {@Threei}  hmmm
[15:22] {dino} aldr...clueless
01[15:22] {@Threei}  feels like spike and run into eod to me...
[15:22] {RonS} http://en.wikipedia.org/wiki/Alder
01[15:22] {@Threei}  kind of tree on the west coast, dino :)
01[15:23] {@Threei}  change IWM to .35 break
[15:23] {RonS} biotech runs coming in...
[15:23] {dino} ok
01[15:25] {@Threei}  change IWM to .30 break
01[15:26] {@Threei}  If holds  .20
01[15:29] {@Threei}  1:1
[15:36] {RonS} 3i, did i ever tell you about the origina refuseniks who live around Mt. Angel Oregon?
[15:36] {RonS} +l
01[15:36] {@Threei}  no... where are they from?
[15:37] {RonS} they are the guys that Peter the great banished to Siberia
01[15:37] {@Threei}  wow... long ago
[15:37] {RonS} thrived there but moved to China in 1917 due to the commies
[15:38] {RonS} then went to Brazil when China fell
01[15:38] {@Threei}  sheesh... some like to travel
[15:38] {RonS} then to Clevelan Ohio..then to Mt. Angel
[15:39] {RonS} here i was...a young salesman calling on the town's 100 year old general store...
[15:40] {RonS} coming into the town this hot rod Camaro pulss up at a light...look over...it is a young woman driving in a full blow babooshka
[15:40] {RonS} blon
[15:40] {RonS} blown
01[15:40] {@Threei} Long Setup:  IWM  .40 break
01[15:40] {@Threei}  If holds  .30
[15:40] {RonS} talk about wtf...
01[15:40] {@Threei}  hehe
01[15:41] {@Threei}  must have been a sight to behold
[15:41] {RonS} funny thing is that the town is all German Catholics with a monastery on the mountain and everything
[15:43] {RonS} Blackie, my customer introduced me to his sister:  "this is my sister, sister... she is a nun... lol
01[15:43] {@Threei}  meanwhile on another side of the globe:
01[15:43] {@Threei}  Lithuania publishes survival manual in case of Russian invasion
01[15:43] {@Threei}  Lithuania's national defence minister Juozas Olekas unveiled a new public information book entitled 'How to act in extreme situations or instances of war' at a press conference on Jan. 6, prompted by the threat of a Russian invasion
[15:44] {RonS} illustation of how to kiss your ass goodbye?
01[15:44] {@Threei}  1:1
01[15:44] {@Threei}  lol
01[15:44] {@Threei}  pretty much
[15:46] {RonS} anyway, blacke's stor, Boschler hardware sold 10X 25 cubic foot chest freezers than anyone else in the state... i asked him why?
[15:46] {RonS} ...he said "the Russians use them for coffins"
01[15:47] {@Threei}  wow
01[15:47] {@Threei}  never heard that
[15:47] {RonS} me...really...him...no, iam just bullshitting you...
01[15:47] {@Threei}  ok... so, they just prefer to have large stock of food for rainy day?
[15:48] {RonS} many deer hunters there...
01[15:48] {@Threei}  ah, OK
01[15:48] {@Threei}  makes sense
[15:48] {RonS} thought of this whole thing because the Russians did contract with the state to thin the alder forests
01[15:48] {@Threei}  nemo eats them at the spot, carass and all, so he needs no freezer
[15:49] {RonS} lol
01[15:49] {@Threei}  these 3 concluding IWM trades pretty much righted the day
01[15:49] {@Threei}  ok guys, thank you all, have a good evening
01[15:49] {@Threei}  see yopu tomorrow