We study solutions of type IIB supergravity which are SL(2,R) x SU(2) x
U(1)^2 invariant deformations of AdS_3 x S^3 x K3 and take the form of products
of self-dual spacelike warped AdS_3 and a deformed three-sphere. One of these
backgrounds has been recently argued to be relevant for a derivation of
Kerr/CFT from string theory, whereas the remaining ones are holographic duals
of two-dimensional dipole theories and their S-duals. We show that each of
these backgrounds is holographically dual to a deformation of the DLCQ of the
D1-D5 CFT by a specific supersymmetric (1,2) operator, which we write down
explicitly in terms of twist operators at the free orbifold point. The
deforming operator is argued to be exactly marginal with respect to the
zero-dimensional nonrelativistic conformal (or Schroedinger) group - which is
simply SL(2,R)_L x U(1)_R. Moreover, in the supergravity limit of large N and
strong coupling, no other single-trace operators are turned on. We thus propose
that the field theory duals to the backgrounds of interest are nonrelativistic
CFTs defined by adding the single Schroedinger-invariant (1,2) operator
mentioned above to the original CFT action. Our analysis indicates that the
rotating extremal black holes we study are best thought of as finite
right-moving temperature (non-supersymmetric) states in the above-defined
supersymmetric nonrelativistic CFT and hints towards a more general connection
between Kerr/CFT and two-dimensional non-relativistic CFTs.Comment: 48+8 pages, 4 figures; minor corrections and references adde