(7:47 AM) Alert: This is a G rated room intended for a General Audience including minors. Offensive language is not permitted.
(7:47 AM) Alert: Hi , Welcome to TTT
(8:15 AM) ajayvee: new HOD in ES
(8:33 AM) azags: I sold my tza ah again at 26.8 and just bought 5000 in the premarket at 26.16
(8:34 AM) azags: I will keep recycling on the short side today when given the opportunity for profits.
(8:47 AM) tomthetrader: Good Morning
(8:47 AM) Fulkdaddy: gm
(8:48 AM) ajayvee: g'mornin
(8:48 AM) dhmohan1963: gm
(8:48 AM) TTTMichael: gm
(8:49 AM) westy322: gm
(8:49 AM) bogdan07: gm
(8:49 AM) DE_TTT: II Numbers....Bulls 40.7% (vs 41.0%) Bears 29.1% (vs 33.7%) Correction 30.2% (vs 25.3%)
(8:49 AM) azags: gm
(8:50 AM) Fulkdaddy: DE, what does Correction mean when it goes up? Contrary indicator, so the market should go up?
(8:59 AM) tomthetrader: Yes...very surprising that there is no jump in Bullishness...very BULLISH as all us pros are shorting the market does the most damning to our ego's and goes up
(9:01 AM) jbljudy: How is Mrs. TTT doing this am.
(9:01 AM) tomthetrader: Very good ...she was up and out the door to work !
(9:02 AM) tomthetrader: Can't keep you ladies down !
(9:02 AM) jbljudy: Great!
(9:02 AM) tomthetrader: I would have had a week off
(9:02 AM) tomthetrader: Men cannot handle pain
(9:02 AM) tomthetrader: I am a baby !
(9:02 AM) jbljudy: You seemed to do well with your knees.
(9:02 AM) tomthetrader: Good thing we don't have children ...right ?
(9:02 AM) DE_TTT: Fulk---Correction is the group calling for a correction and then continued rally but not a bear market. You could call them "ready to be bulls at lower prices".
(9:03 AM) tomthetrader: Ask my wife how much I cried like a baby !
(9:03 AM) tomthetrader: I was tough on our Traders group ...she had to hear me bellyache !
(9:03 AM) Fulkdaddy: So since correction went up 5%, do you think this is short-term bullish or bearish?
(9:06 AM) tomthetrader: Bullish as they add bears and correction together
(9:06 AM) tomthetrader: but ...it is long term Bullish still also
(9:08 AM) Fulkdaddy: thanks
(9:08 AM) Fulkdaddy: Helene has a good column today
(9:08 AM) tomthetrader: Dave do you think Helene is frustrated by missing all this or just patient
(9:09 AM) tomthetrader: or will she own up if we go to make higher highs up to 1000 SPX ?
(9:09 AM) DE_TTT: I would say S/T bullish...it will take more upside to convert Correction camp to Bull camp.
(9:10 AM) Fulkdaddy: I think she is probably frustrated as nobody likes being wrong..but I think she is a "neutral observer" so she just tells it like she sees it
(9:10 AM) tomthetrader: shes seems less Bearish meaning not willing to step out in front of the train as much
(9:11 AM) tomthetrader: New highs on GLOBEX ES futures
(9:11 AM) Fulkdaddy: yes, as she has been looking for a correction for 3-4 weeks
(9:11 AM) Harrod_t: Are the suggested stops 1% trailing from open?
(9:11 AM) tomthetrader: Yes 1% moved up from 2%
(9:11 AM) tomthetrader: so very very tight
(9:12 AM) tomthetrader: should move them now
(9:12 AM) tomthetrader: ALL STOPS ON ALL LONGS 1%
(9:12 AM) tomthetrader: ALL stops on shorts OFF
(9:15 AM) nimesh_: hi tom
(9:15 AM) nimesh_: whta percentage is traders short?
(9:16 AM) tomthetrader: 25%
(9:16 AM) tomthetrader: no stops now
(9:17 AM) dhmohan1963: no sound today haave npot heard you
(9:18 AM) Bert_TTT: gm
(9:18 AM) azags: y
(9:18 AM) ajayvee: yes
(9:18 AM) DE_TTT: y
(9:18 AM) les13436: gm
(9:18 AM) TTTMichael: gm
(9:18 AM) Pete45: gm
(9:18 AM) hibuck2: gm
(9:18 AM) eman11: gm
(9:18 AM) bogdan07: gm
(9:18 AM) steve_45_4: gm glad wife ok
(9:19 AM) nimesh_: fed minutes today
(9:20 AM) hibuck2: utopia
(9:22 AM) nimesh_: how can bac offer stock at $ and trading at 11,8510
(9:22 AM) nimesh_: sorry, offer at $10, and trading 11.85
(9:26 AM) dhmohan1963: no sound still
(9:26 AM) Fulkdaddy: Tom is talking
(9:26 AM) steve_45_4: there is sounf dh
(9:27 AM) dhmohan1963: paltalk no talk for me
(9:28 AM) tomthetrader: press push to talk DH
(9:29 AM) tomthetrader: looks like 100 + Dow on the open
(9:29 AM) tomthetrader: 915 Es up from lows of 902
(9:30 AM) tomthetrader: 13 ES points = 130 dow poinrs
(9:31 AM) les13436: Can anybodt see my posts?
(9:32 AM) tomthetrader: Yes
(9:32 AM) ajayvee: yes les
(9:32 AM) eman11: Yes I can see it
(9:34 AM) tomthetrader: Classic BULL MARKET BREAK OUT HERE
(9:36 AM) hibuck2: $TRIN .45 $TRIQE .27
(9:37 AM) hibuck2: $TNX 32.30
(9:37 AM) hibuck2: nyse AD +1849
(9:38 AM) tomthetrader: phenomenal Bull
(9:38 AM) tomthetrader: Buying is non-stop
(9:38 AM) tomthetrader: relentless
(9:40 AM) tomthetrader: 5 min on the Trader Vic rule
(9:41 AM) tomthetrader: Looks like a professional move and we should see higher highs
(9:42 AM) tomthetrader: WE WILL COVER OUR SHORTS IN TRADERS AND GO TO CASH 100%
(9:43 AM) tomthetrader: Professional gap higher ..no new lows ...we will cover our shorts and look long on a break of 1410 NQ NOW
(9:44 AM) tomthetrader: BUY QLD here
(9:44 AM) eman11: What % in QLD?
(9:44 AM) tomthetrader: 10%
redliontrader: I have a stop on NUE at 42.36
(9:44 AM) JR Roden: So are you buying QLD now or waiting that 15 min to see if it holds?
(9:45 AM) tomthetrader: buying now with a 2% STOP FILLS ?
(9:45 AM) tomthetrader: PROCES
(9:45 AM) tomthetrader: PRICES
(9:46 AM) tomthetrader: 34.84
(9:46 AM) tomthetrader: ANYONE ELSE?
(9:47 AM) eman11: 34.93
(9:47 AM) Harrod_t: 34.96
(9:48 AM) nimesh_: wow is all i can say
(9:48 AM) tomthetrader: Yep
(9:48 AM) tomthetrader: a real life 1980's Bull
(9:48 AM) tomthetrader: up 80% ZUPI
(9:52 AM) billbTN: long es at 911 from this morning
(9:53 AM) tomthetrader: Trememndous trade
(9:53 AM) tomthetrader: stop QLD at 35.00
(9:55 AM) Fulkdaddy: Tom, do you think we go up and fill the gap at 924.70 on the ES futures and then fall?
(9:55 AM) Fulkdaddy: Gap from 5/11
redliontrader: Fear is going down, nobody wants to sell, only buyers coming in
(9:57 AM) Fulkdaddy: Kass said at 9:54 am: "The rally in the early going is a bit panicky. I am selling some of my trading longs
(9:57 AM) ajayvee: VIX 26 handle
(10:00 AM) nimesh_: what is the "news" today?
(10:01 AM) ajayvee: irrational exhuberence nim
(10:01 AM) tomthetrader: No news ...panic
(10:02 AM) tomthetrader: 35.15 stop QLD
(10:03 AM) dhmohan1963: you expect a sharp turn around today
(10:03 AM) eman11: Holy smoke I got stopped out of QLD at 35 at 9:59 - I didn't see it come close? anybody else?
(10:05 AM) les13436: no
redliontrader: no
(10:05 AM) ajayvee: nope
(10:05 AM) bogdan07: y
(10:06 AM) tomthetrader: no stops on QLD 35.15 stop now ..we are still 10% long
(10:06 AM) tomthetrader: 35.25 stop now OK
(10:06 AM) eman11: I have fidelity and is was supposedly filed by Knight Capital market - I think some shenanigans is going on
(10:06 AM) tomthetrader: 35.25 stopped out 100% cash
(10:07 AM) ajayvee: I'm still looking my wounds from BGZ and TZA
(10:08 AM) Harrod_t: Took your suggestion and bought some DE calls Monday. Did really well. Thanks
(10:09 AM) tomthetrader: Trememndous
(10:09 AM) tomthetrader: market rewarding call buyers
(10:11 AM) JR Roden: Great calls this morning Tom
(10:11 AM) tomthetrader: Thanks JR ..battle ground here
(10:11 AM) tomthetrader: not a good welcome back !
(10:12 AM) billbTN: sold my 3 es at 923
(10:12 AM) tomthetrader: 925.00 cash SPX is the place to watch now ...remember all indices back in Bull channel
redliontrader: long tna 27.53 (scalp)
(10:15 AM) tomthetrader: 1-6-09 3-11-09 4-2-09 4-9-09
redliontrader: out tna +.15
(10:15 AM) tomthetrader: all times we had 30 min of 0 selling
redliontrader: For those watching live chart @ http://pv.ttthedge.com the A/D lines look like a semisgraph from Ohio(?)... straight and strong
(10:19 AM) ajayvee: well, red, we have recorded some earthquakes here
(10:19 AM) tomthetrader: navigated very well
(10:20 AM) hibuck2: PEP playing catch up HOD
redliontrader: we'll say on a typical day aj...
(10:20 AM) tomthetrader: our main and IRA really rocking
(10:20 AM) tomthetrader: but Traders about break even +
redliontrader: I got a stop on T at 24.54
(10:22 AM) ajayvee: Naz A/D +1500 Vol +6.5:1 ** NYSE A/D +2100 Vol +12:1
(10:23 AM) tomthetrader: thanks red
redliontrader: GS barely green
(10:24 AM) tomthetrader: hopefully we get em all and can get short but not til tuesday ...
(10:24 AM) tomthetrader: GS been carrying a HUGE load
(10:25 AM) hibuck2: PEP @ r-1
(10:25 AM) eman11: 1/6/09 Closed at 934.70 up 7, but marked a short term top hitting a low of 805 on 1/20, before turning around.
(10:27 AM) eman11: 3/11/09 - close at 721 up 2 marked short term low ran up to 832 on 3/26 before pulling pack
redliontrader: Ii have GS closed out y'day at higher than current price ... profit about 10% from the buy
(10:28 AM) les13436: I thought we were already s/o of GS?
(10:28 AM) les13436: Not in portfolio
(10:28 AM) TTTMichael: Went long EEM this morning.
redliontrader: stopped out on the run at the close
(10:31 AM) eman11: 4/2/09 close at 834 up 23 fluctuated up and down hitting a low of 815 over a few days until 4/9/09 which closed at 856 up 31, which remained about flat until breaking a higher on 4/29
(10:31 AM) thomas_Poland: as far as Baltic Dry Index is concerned I would read http://researchreloaded.com/content/baltic-dry-index-reliable-forward-indicator-nonsense
(10:32 AM) tomthetrader: Thanks TP
(10:32 AM) eman11: Overall I don't think there is a solid trend to be determined based on a day with 30min of no selling.
(10:33 AM) tomthetrader: Thank you Eric...I agree
(10:33 AM) tomthetrader: seems like a random event
(10:33 AM) tomthetrader: no strings attached
(10:35 AM) DE_TTT: Mr Chips likey USD and friends
(10:36 AM) jbljudy: stec
(10:36 AM) tomthetrader: BULL ...DE you are to be commended ...still on top of your game
(10:36 AM) thomas_Poland: TED spread is already at pre crisis level
(10:36 AM) DE_TTT: Thanks, Tom. Couldn't do it without you and this group, though!
redliontrader: GM.. Since we are SOH here... if you have not filled out a membership/trial form if you could please it would help in the transition to the new website.. http://spreadsheets.google.com/viewform?hl=en&formkey=cmdCakotdTZ1LUNQZDd5LS1nMVEzYnc6MA..
(10:36 AM) tomthetrader: normal and in improving economy / earnings environment gets them BUYING LONG CRAMER BULL
(10:39 AM) azags: He really has been helpful
(10:39 AM) ajayvee: thanks tom and red!
(10:39 AM) hibuck2: PEP breaking R-1
(10:40 AM) hibuck2: thankyou Tom & Red
(10:40 AM) eman11: Thanks Red - Great Job
(10:40 AM) tomthetrader: Thank you all
(10:42 AM) jbljudy: What a great contribution you have made to this fine group. Thank you Red.
(10:43 AM) hibuck2: $TRIN .70 $TRIQE .88
redliontrader: thank you.
(10:45 AM) TTTMichael: Thank you Red. I noticed you have a 617 aea code. I am 781, just north of Bos.
(10:45 AM) TTTMichael: area code
(10:45 AM) hibuck2: TRINS mvg up $TRIN .72 $TRIQE .90
redliontrader: I am actually between 978 and 207. depending on the day and the weather.. 617 is the average ...
redliontrader: skype #
(10:47 AM) ajayvee: Naz A/D +1500 Vol +4:1 ** NYSE A/D +2000 Vol +7:1
(10:49 AM) ajayvee: any thoughts on this turning into a key reversal day?
(10:49 AM) dhmohan1963: red you are in boston
redliontrader: no west.. bolton
(10:50 AM) dhmohan1963: i was there 2 days ago doing some cme in downtown near boston public lib
redliontrader: cme?
(10:51 AM) dhmohan1963: continuing med education sorry
redliontrader: i actually should have know that.. I worked in radiology for a number of years on the tech side
(10:52 AM) dhmohan1963: ok
(10:55 AM) dhmohan1963: Tom, DE what will be price to buy INFY
(10:55 AM) dhmohan1963: now at 33.18
(10:56 AM) Fulkdaddy: What do you think here Tom?
(10:56 AM) Fulkdaddy: A/D still 2015
(10:57 AM) hibuck2: $TRIN 1.00 $TRIQE .91
(10:59 AM) JR Roden: Let's see if 920 holds as support
(10:59 AM) Alert: Fleet Week is getting underway in NY City - watch the fleet enter the Hudson River LIVE EXCLUSIVELY on News Talk Online in the Radio/TV Section [Free Video]
(11:00 AM) Fulkdaddy: banks falling off a cliff here
(11:01 AM) ajayvee: any trader's ideas for today? need to still recover from BGZ whack
(11:01 AM) hibuck2: PEP on 15 min has shooting star candle
(11:02 AM) Pete45: Red -will those Google forms that we fill out will be search engine indexable?
(11:02 AM) tomthetrader: No QLD AJ ?
redliontrader: no pete.. non searchable
(11:02 AM) tomthetrader: can reenter QLD or reshort ES at 925
(11:03 AM) Pete45: oh k but it's visable to the world now though
redliontrader: only the form... not the data
(11:04 AM) ajayvee: got a peice of QLD but didn't recoup the BGZ position
(11:04 AM) tomthetrader: BGZ was a pain .
(11:05 AM) tomthetrader: into a huge gap ...I feel lucky to have been limited and made $
(11:05 AM) Pete45: http://spreadsheets.google.com/viewanalytics?formkey=cmdCakotdTZ1LUNQZDd5LS1nMVEzYnc6MA..
redliontrader: that's bad.. i'll fix now
(11:06 AM) Pete45: k thx
(11:07 AM) tomthetrader: Possible trades are buying this pause in banks or shorting them using FAZ ...or shorting Tech at the highs QID
(11:08 AM) tomthetrader: I think most short term traders are happy to be in cash or long ...
(11:12 AM) Fulkdaddy: financials just went negative
(11:13 AM) Fulkdaddy: We went right up and filled the gap down on 5/11 at 924
(11:13 AM) tomthetrader: great read Dave ..we have seen GS rollover and the banks may be a shot at profit taking
redliontrader: Pete.. thanks for the heads up.. sorry about that.. my bad.. should be all set now
(11:22 AM) tomthetrader: Dave : You think we can close lower ?
(11:22 AM) JR Roden: DIA just hitting the opening gap price. This will be important to hold for the bulls.
(11:24 AM) tomthetrader: QQQSI we will add to TRaders
(11:25 AM) tomthetrader: price options 1.63 stop 1.50
(11:25 AM) tomthetrader: July 35 Puts
(11:25 AM) tomthetrader: 100 contracts
redliontrader: Stops hit on QCOM@42.77, DBC @22.03
(11:26 AM) tomthetrader: Thank you ..everything working out perfect
(11:26 AM) tomthetrader: What were the gains there REd ?
(11:26 AM) Fulkdaddy: banks seem to still be the key...if they stabilize we probably will not close lower on the day
redliontrader: I will track.. no prob
(11:28 AM) tomthetrader: Thank you
(11:29 AM) hibuck2: $TRIN 1.30 $TRIQE .96
(11:29 AM) hibuck2: $TNX 32.34
(11:30 AM) hibuck2: NYSE AD +1857
(11:32 AM) tomthetrader: too powerful of internals for a turnaround unless there is news this just looks like a pause in the heavy heavy buying
redliontrader: QCOM Profit +7.1%, DBC +13% WTG!
(11:36 AM) tomthetrader: really nice run
(11:41 AM) csu30: Tom, did your indicators generate a sell signal earlier this morning?
(11:44 AM) tomthetrader: No
(11:44 AM) tomthetrader: we were unable to get the indicators to a full sell on the Gap up
(11:44 AM) tomthetrader: as the trend now is so powerful higher ..my smoothed ratios make it hard to get a sell
(11:52 AM) csu30: OK, thanks
(11:52 AM) tomthetrader: Dow the weakest NAZ strongest on selling
(11:55 AM) tomthetrader: MOVE stop to 1.60 on QQQQ Puts
(11:56 AM) JR Roden: TZA trying to break above that downtrend line that has held it down for the past few days.
(11:57 AM) hibuck2: $TRIN 1.20 $TRIQE .99
(11:58 AM) JR Roden: David Nichols - Fractal Market Report was big on buying a breakout over 916, but looks like we'll have trouble holding that breakout.
(11:58 AM) tomthetrader: (11:06 AM) Pete45: k thx
tomthetrader: Possible trades are buying this pause in banks or shorting them using FAZ ...or shorting Tech at the highs QID
(11:59 AM) tomthetrader: Does anyone know anyone who has been riight on the short term ?
(11:59 AM) tomthetrader: we have gone 15 days back and forth more or less every day
(12:00 PM) eman11: NYSE AD +1427
(12:00 PM) tomthetrader: MOVE up stops on QQQSI to 1.70
(12:04 PM) eman11: let's see if NQ can stay under 1410.
(12:06 PM) tomthetrader: Very important technical area
(12:07 PM) TTTMichael: Yes, low into Friday morning.
(12:07 PM) tomthetrader: 1410 POLL NQ Y or N
(12:08 PM) tomthetrader: QQQSI
(12:09 PM) pointfisher: buncha chickens
(12:09 PM) jbljudy: y
(12:09 PM) TTTMichael: I am long QQQ SK. I plan to hold.
(12:09 PM) bogdan07: refused to go long ,still holding bgz, scalping sds,see you at SPX 880 ?
(12:09 PM) hibuck2: trins mvg up $TRIN 1.23 $TRIQE 1.02
(12:09 PM) eman11: Y 1410 will hold
(12:10 PM) eman11: I still have QQQSI I put my stop limit in at 1.69
(12:10 PM) eman11: Yes short term
(12:10 PM) tomthetrader: I had just 4 filled
(12:10 PM) tomthetrader: still have 96
(12:10 PM) JR Roden: 1410 - No. Selling volume has been pretty high, I think those call buyers get spooked here.
(12:11 PM) TTTMichael: Short NAZ with July 37 puts.
(12:13 PM) TTTMichael: If we get any kind of sell off I would like to re buy XLF.
redliontrader: ticks are really struggling
(12:14 PM) TTTMichael: Thanks for the XLF call idea.
(12:14 PM) tomthetrader: cash spx 915
(12:14 PM) tomthetrader: nq 1410
(12:14 PM) tomthetrader: rut 505
(12:16 PM) pointfisher: ok, bounce this afternoon then lower into fri
(12:16 PM) hibuck2: I think we need to hold yesterday low of 905.22 SPX if we do we go higher
(12:23 PM) tomthetrader: If we go that low ...we are CRASHING
(12:25 PM) tomthetrader: 14 indicators Flat neutral
(12:26 PM) csu30: Has anyone noticed the Dollar is making multi-week lows?
(12:26 PM) netherbow1: hearing reason for sudden mkt weakness is that some boutique shop came out with sell on Banks . Unable to confirm.Hearing firm has Whitney in name and people mistook call as eing from Meredith Whitney
(12:28 PM) eman11: AD NYSE +1315 NAZ +872
(12:31 PM) tomthetrader: Thanks Guys
(12:32 PM) tomthetrader: Good info...keep it coming ..DOW trying to go red DIA
(12:39 PM) hibuck2: $TRIN 1.38 $TRIQE 1.18
(12:39 PM) eman11: AD NYSE +697 NAZ +614
(12:39 PM) hibuck2: $tnx 32.39
(12:43 PM) hibuck2: $TRIN 1.40 $TRIQE 1.24
(12:48 PM) steve_45_4: was away grankids preschool concert.
(12:48 PM) steve_45_4: it lloks like you bought Qs puts ?
(12:48 PM) steve_45_4: looks
(12:49 PM) tomthetrader: bought and sold unfortunately
redliontrader: MCD out of control!
(12:50 PM) eman11: Traders is 100% cash now?
redliontrader: DBA Stopped for a 12% Gain @ 27.05
(12:53 PM) steve_45_4: so traders is out of QQQSI?
redliontrader: MCD up 4.3% today! $4.1K gain in IRA
redliontrader: Mine are gone... anyone still holding QQQ SI?
redliontrader: mine went at 1.70 stop
redliontrader:
(12:54 PM) eman11: Yes I am still holding QQQSI
redliontrader: Good job Eman.. wow.. you are up big...
(12:56 PM) steve_45_4: ok I am looking at portfolio stiill in puts
(12:56 PM) tomthetrader: I was stopped out in puts
(12:56 PM) steve_45_4: ty
redliontrader: I have only 3 positions left from all 3 portfolios. TLT, PEP & MCD
(12:58 PM) eman11: Naz is looking is little week here - QQQQ is only .08 off the lows of the day - I waiting to see if NQ beaks 1400 and SPX breaks 910 if they break we could see a huge move down
(12:59 PM) hibuck2: Tom any thoughts on DUG
(12:59 PM) eman11: I just look at the screen - I guess they did break QQQQ at LOD
(1:01 PM) tomthetrader: I like DUG here
(1:01 PM) tomthetrader: TLT
(1:03 PM) tomthetrader: 910 SPX is acting as support now as market stabilizes
(1:05 PM) bogdan07: SPX 910 broken
(1:06 PM) tomthetrader: need 15 min
(1:06 PM) tomthetrader: to see if it holds or a set up
(1:06 PM) tomthetrader: we will go long if it breaks back above 15 min
(1:07 PM) tomthetrader: NAZ RED
(1:07 PM) tomthetrader: for 30 seconds
(1:08 PM) tomthetrader: here we go up again
(1:08 PM) tomthetrader: 15min rule and if it holds BGU
(1:08 PM) tomthetrader: 10%
(1:09 PM) tomthetrader: BGU 1:23PM
(1:09 PM) les13436: Long TNA @ $26.28
(1:10 PM) DE_TTT: Bot some NTGR
(1:11 PM) eman11: Sold QQQSI puts at 1.88
(1:11 PM) tomthetrader: nICE TRADE\
(1:11 PM) tomthetrader: Nice Trades
(1:12 PM) tomthetrader: Net gear ...good stock DE
(1:13 PM) tomthetrader: 910 holding we will add BGU if holds into 1:25pm I will give the trade long
(1:14 PM) ajayvee: Naz A/D +410 Vol +1.1:1 ** NYSE A/D +925 Vol +1.5:1
(1:16 PM) tomthetrader: Thanks AJ
(1:16 PM) tomthetrader: Any thoughts guys ?
(1:17 PM) berniectx: took a small long in ES here
(1:18 PM) tomthetrader: if we hold 910 we could end near or at HOD
(1:19 PM) tomthetrader: 1:25 we will put on a 10% long BGU if still above 910.00 SPX
(1:23 PM) pointfisher: TF gap closed
(1:24 PM) steve_45_4: where is the hammer lol
(1:24 PM) thomas_Poland: f...k you idiot
(1:25 PM) tomthetrader: Yes need TP Thomas watch ...can't buy long as we broke 910
(1:25 PM) thomas_Poland: LOL
(1:25 PM) berniectx: Thomas the hammer we need you now
(1:25 PM) steve_45_4: you the man thomas
(1:25 PM) thomas_Poland: Did you take your pills today idiot?
(1:25 PM) thomas_Poland: he he
(1:25 PM) tomthetrader: aq/d line any tells ?
(1:25 PM) steve_45_4: I am from Brooklyn and you use the words better
(1:25 PM) thomas_Poland: heeh eheheh
(1:26 PM) tomthetrader: You two must know each other
(1:26 PM) ajayvee: BGU time?
(1:27 PM) thomas_Poland: your english is perfect
(1:27 PM) thomas_Poland:
(1:27 PM) Pete45: bounce him
(1:27 PM) Pete45: lol
(1:27 PM) hibuck2: call homeland security
(1:27 PM) thomas_Poland: sambady
(1:27 PM) infos2: qid
(1:27 PM) tomthetrader: we dropped under 910 during the 15 min spell so we have to stay in cash
(1:27 PM) thomas_Poland:
(1:28 PM) thomas_Poland: LOL
(1:28 PM) infos2: sorry
(1:28 PM) nousvenons: too load
(1:28 PM) nousvenons: lousd
(1:28 PM) nousvenons: loud
(1:29 PM) thomas_Poland: wanking hand
(1:29 PM) thomas_Poland:
(1:29 PM) thomas_Poland: sambady
(1:29 PM) tomthetrader: nousvenons was bounced from the room by tomthetrader. If you want to learn more about the rules for this room, read the room rules on the groups page or contact the owner: tomthetrader
(1:29 PM) thomas_Poland: sambady
(1:29 PM) thomas_Poland: idea busines
(1:29 PM) thomas_Poland: sambady help me
(1:29 PM) steve_45_4: lol
(1:30 PM) thomas_Poland: sometimes I wish we could meet personally with those idiots
(1:38 PM) tomthetrader: 'BGU would have been great but DISCIPLINE
(1:38 PM) JR Roden: Good recovery over 910.
(1:39 PM) Fulkdaddy: knocked off of Paltalk again...still in cash?
(1:39 PM) tomthetrader: Yes
(1:39 PM) tomthetrader: tried to get in BGU but we droppe dunder 910 for a moment
(1:42 PM) ajayvee: we got a +1200 TICK
(1:43 PM) JR Roden: Will be interesting to see if 915 turns into resistance.
(1:43 PM) les13436: Amen
(1:44 PM) thomas_Poland: this is a problem with TIck reading .. all data vendors suck
(1:44 PM) thomas_Poland: and they give different values
(1:44 PM) thomas_Poland: I had 1005 at high
(1:44 PM) thomas_Poland: not 1200
(1:44 PM) eman11: Tom - Do you we will close at the highs of the day?
(1:45 PM) tomthetrader: yes
redliontrader: eman you still holding those QQQSI?
(1:46 PM) tomthetrader: too many shorts no longswill sell w/o news
(1:46 PM) eman11: No I sold it at 1.88 I posted when I sold it. When it looked like 910 would become support
(1:47 PM) thomas_Poland: Atilla praying ?
(1:50 PM) eman11: I actually bought BGU I thought SPX would hold 910 until 1:25 so I bought some because I had a meeting and couldn't watch the tape at 1:25 - Got Lucky
(1:51 PM) eman11: Now i am waiting to see if we break through 915.
(1:52 PM) tomthetrader: I should have jumped on it but discipline kills !
(1:52 PM) eman11: Discipline is what keeps you out of trouble
(1:53 PM) tomthetrader: it hurts when we can't get our Traders some profits
(1:53 PM) Fulkdaddy: Are the Fed minutes going to be released at 2:00 pm today?
(1:53 PM) tomthetrader: yes
(1:53 PM) tomthetrader: should be bUllish
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(1:56 PM) les13436: TNA has a nice bullish flag on the 1 min chart, should run up again.
(1:57 PM) tomthetrader: rally due ...to close at highs short of 925.56 ?
(1:57 PM) ajayvee: Naz A/D +650 Vol +1.6:1 ** NYSE A/D +1200 Vol +2:1
(1:59 PM) tomthetrader: just another day in the BULL ?
(1:59 PM) tomthetrader: shakes off and rides on
(1:59 PM) tomthetrader: shakes off and rides on
redliontrader: some serious selling here with the hedgehogs
(2:02 PM) ajayvee: buy dip?
(2:02 PM) Fulkdaddy: Die bulls!
(2:02 PM) les13436: S/O TZA @$26.52, +.25
(2:03 PM) eman11: testing 910 again. Was the Fed minutes negative?
(2:05 PM) Fulkdaddy: Cresenzi on CNBC
(2:05 PM) bogdan07: inverse HS 15 min SPX
(2:05 PM) JR Roden: Wow - one 5 minute bar wiped out an hour of buying. That's why I love short positions.
(2:06 PM) thomas_Poland: yes me too
(2:06 PM) les13436: Rebought TNA @$26.32
(2:06 PM) les13436: yes
(2:06 PM) DE_TTT: yes
(2:06 PM) eman11: Yes
(2:06 PM) berniectx: went long again ES 908.50
(2:07 PM) DE_TTT: Thanks, TTT !
(2:08 PM) Fulkdaddy: Cresenzi on
(2:08 PM) tomthetrader: everyone wrong
(2:08 PM) tomthetrader: except DE !
(2:08 PM) tomthetrader: 99.99% wrong DE right !
(2:09 PM) Fulkdaddy: TLT catching a bid
(2:11 PM) DE_TTT: Thanks, Tom...just too many cheap techs...I like 'em cheap. And 4G is just gravy!
(2:11 PM) tomthetrader: SPX up 3% this week with best seasonal day to go ..last weeks Correction is gone
(2:12 PM) berniectx: where do we close today Tom and DE??
(2:14 PM) eman11: AD NYSE +1103 NAZ +603
(2:14 PM) tomthetrader: I say we are now looking to close - after a bearish report ..tech and cyclicals should sell offf...banks and bonds should rebound
(2:14 PM) tomthetrader: defensives
(2:14 PM) tomthetrader: MO PMI PEP MCD
redliontrader: I am distracted today... it hurts to half trade.. I should have stayed away.. I am closing a sale on my condo tomorrow.. over 1 year on the market.. 25% loss.. could be worse.. found a cash buyer .. Yeah! .. 2 weeks from offer to closing, pretty amazing
redliontrader: running around gathering paper..
(2:14 PM) Fulkdaddy: 901 close
(2:17 PM) tomthetrader: 901 would be a eye opener
(2:17 PM) tomthetrader: 1:45 min Dave ...we are pulling for you
(2:17 PM) berniectx: got out of long Dave scared me!!
(2:18 PM) tomthetrader: nice trade though
(2:18 PM) berniectx: yes made a couple pts
(2:18 PM) tomthetrader: Bearish Fed data ...but bad news is GREAT NEWS
(2:18 PM) tomthetrader: 925.56 SPX close ?
(2:23 PM) tomthetrader: HOD again coming
(2:23 PM) tomthetrader: there is NO END to the cash
redliontrader: Look at GS.. down 3% today.. Tom.. Thanks for putting in those stops....
redliontrader: I am correct there is nothing in traders right now? Maybe a short on close?
(2:25 PM) tomthetrader: correct just cash
(2:27 PM) hibuck2: JEF doing well HOD after Najarian pointint out June 22.50 call volume 8,000
(2:28 PM) les13436: USO HOD
(2:28 PM) ajayvee: with all this pounding that resistance is gonna give
(2:29 PM) tomthetrader: yes
(2:29 PM) tomthetrader: usually 3-4 x and it goes
(2:30 PM) Harrod_t: What a day for MCD! Great Call
(2:31 PM) tomthetrader: tips to tomandprisha@msn.com
(2:32 PM) ajayvee: do we load up at 910?
(2:32 PM) Harrod_t: Thanks for the service. Really appreciated. Is that tip enough??
(2:33 PM) Harrod_t: I am so thankful I happened across this room!!
(2:34 PM) hibuck2: me too
redliontrader: long TNA @ 26.40 tight stops . scalps. 100000 shares
(2:34 PM) tomthetrader: yesssssss
redliontrader: opps not thats zaqs. 1000 shares
(2:34 PM) tomthetrader: go red ...spend that condo Dough ?
redliontrader: The housing market has officialy bottomed!
(2:35 PM) hibuck2: all I have learned was self taught now I have found a mentor Thxs Tom
(2:36 PM) tomthetrader: Thank you for the kind words
(2:38 PM) tomthetrader: 100% cash
(2:40 PM) hibuck2: Cramer pumping MCD
(2:40 PM) tomthetrader: MCD on the ride of it's life ....look at the green ...dolloar helps all these
redliontrader: out tna + .40
(2:43 PM) tomthetrader: 925.56 ? or 901 I will take either or ?
(2:43 PM) tomthetrader: nice RED
redliontrader: $400!.. wish I had the guts to trade like zags
(2:44 PM) tomthetrader: you will ....Zags will be back soon
redliontrader: $40K instead
(2:45 PM) tomthetrader: Zags has protection
(2:46 PM) tomthetrader: 1410 is going to explode
(2:46 PM) les13436: S TNA@$26.72 +$.41
(2:46 PM) thomas_Poland: protection ?? On his ba...s?
(2:46 PM) thomas_Poland:
(2:46 PM) tomthetrader: hey
(2:46 PM) tomthetrader: tp ...
(2:46 PM) tomthetrader: auxl
(2:47 PM) thomas_Poland: market kicks me in my ba..s so often that I thought he has some protector
redliontrader: yes, zags is good a laying off rish with out of money options
redliontrader: rish?
redliontrader: risk
(2:49 PM) thomas_Poland: yes true
(2:49 PM) tomthetrader: yes..plays it agressively safe
redliontrader: what do you think here.. I see a possible trend reversal to the downside
redliontrader: building in the ticks
(2:50 PM) tomthetrader: 1410 915
(2:50 PM) tomthetrader: can they hold the BULLS ?
(2:52 PM) Fulkdaddy: That 915 area has a ton of resistance...the poke through today is either a break or a false break and we go to 901
(2:53 PM) Fulkdaddy: Yen is rallying...along with Treasuries...both safe havens
(2:53 PM) tomthetrader: usually if we bang on it 3-4 times it gives in ...I hope it fails
(2:54 PM) Fulkdaddy: Yes, if you pound on the door enough it eventually gives way
(2:54 PM) tomthetrader: there it goes
(2:54 PM) tomthetrader: like a dam
(2:56 PM) ajayvee: ok, who's thumb is in the dam holding it back?
(2:56 PM) tomthetrader: It's broken
(2:56 PM) Fulkdaddy: mine!
(2:57 PM) Fulkdaddy: and its getting sore
(2:58 PM) tomthetrader: My foot was on so Dave saved us
(2:58 PM) Fulkdaddy: Mr. Thumb is getting tired but I "ain't giving up"
(2:59 PM) Fulkdaddy: I was just bumped again from Paltalk, Thomas did you answer yet?
redliontrader: i have been buying these pullbacs all day.. not this one though .. looks to me to be setting up to go lower
(3:00 PM) tomthetrader: you think it is going lower RED ?
(3:00 PM) Fulkdaddy: I like it when Redlion is on the good side
(3:00 PM) Fulkdaddy: Now, we need Tom, Thomas, DE...
redliontrader: heavy volume today
redliontrader: based on the ticks tom.... at least for the next few minutes ..
(3:03 PM) Fulkdaddy: it would be nice to have the higher volume day end down . Distribution day
(3:03 PM) Fulkdaddy: Thomas?
(3:03 PM) tomthetrader: Thanks Guys ..great stuff I think the market will do oppo of yesterday but it is a guess no analysis
(3:04 PM) ajayvee: time to push on the 910 dam
(3:04 PM) tomthetrader: wall of 1410 NQ
(3:04 PM) Fulkdaddy: I don not like it one bit when Tom's gut is opposite of my positions
(3:04 PM) Fulkdaddy: Best in town
(3:04 PM) tomthetrader: 910 needs a push AJ ?
(3:05 PM) Fulkdaddy: 1410 did hold nicely...thumbs are getting tired
(3:05 PM) tomthetrader: I am pulling for a drop but gut is saying a rally last 15 PPT
(3:05 PM) ajayvee: I'm tired of 910 - 915, like a caged animal. one way or the other please
redliontrader: 3-4 i shut off my indicators and listen to tom
(3:05 PM) berniectx: just went long have to go with TTT Tom and the invisible hand of the PPT
(3:06 PM) tomthetrader: a/dine still 2-1 Positive ?
(3:06 PM) Fulkdaddy: Since Tom is ONLY about 97% accurate...maybe this could be one of the 3% days???
(3:06 PM) tomthetrader: I hope so !!!!
(3:06 PM) ajayvee: NYSE AD vol 1.5:1
(3:07 PM) tomthetrader: I have nothing to gain long now all profits LOCKED IN
(3:07 PM) Fulkdaddy: 1070
(3:07 PM) hibuck2: 1158
(3:07 PM) Fulkdaddy: 2 to 1
(3:08 PM) ajayvee: Naz A/D +565 Vol +1.4:1 ** NYSE A/D +963 Vol +1.4:1
(3:08 PM) eman11: AD NYSE +1067 NAZ +521
(3:08 PM) Fulkdaddy: 981
(3:08 PM) Fulkdaddy: 975
(3:08 PM) ajayvee: AD trending down here
(3:09 PM) PremR: and trin at high of day
(3:09 PM) ajayvee: 910 dam still holding
(3:10 PM) tomthetrader: Prem ...giveus the answer !!! close - +
(3:10 PM) tomthetrader: Please we need help !!!!!!!!!!!!!!!!!!!!!!
(3:10 PM) ajayvee: 910 dam leaking bad
(3:10 PM) PremR: it closes negative.
(3:11 PM) Fulkdaddy: Way to go Perm!
(3:11 PM) Fulkdaddy: Thomas???
(3:11 PM) Fulkdaddy: Earth to Thomas...Come in Thomas
redliontrader: i am going long TNA @ 26.06 if it gets there
(3:11 PM) PremR: xlf is at low of day, transportation is breaking coil to downside, ticks are hitting lows
(3:11 PM) tomthetrader: He is the man Prem...thanks ...now lets turn 910 resistance ?
(3:11 PM) PremR: only thing positive is A/d but that is trending down also.
(3:11 PM) Fulkdaddy: "Ground Control to Major Thom"....as
(3:12 PM) tomthetrader: YES ..I have the best group of TRADERS IN THE WORLD
(3:12 PM) Fulkdaddy: A/D 859
(3:12 PM) tomthetrader: need 500)
(3:12 PM) Fulkdaddy: TLT Up, up, up...Aruj??
(3:13 PM) tomthetrader: or rally is coming
(3:13 PM) PremR: 907 was low of day session. so below that could see more selling.
(3:13 PM) bogdan07: spx 15 min HS broken
(3:13 PM) tomthetrader: Thanks PERFECT TIMING PREM thanks for comingin to our rescue
(3:14 PM) PremR: i would like to contribute more but this paltalk if i may say... sucks.
redliontrader: filled at 26.06
redliontrader: stop at 25.95
(3:15 PM) ajayvee: TZA and BGZ go green
redliontrader: counting on the buyers rushing in here.. where r they?
(3:16 PM) ajayvee: ticks hitting new lows
(3:17 PM) Fulkdaddy: a/d 679
(3:17 PM) tomthetrader: 925.56 is a long painful ride away if we get here today ?
(3:18 PM) Fulkdaddy: that would make for a very bad day for me
(3:18 PM) Fulkdaddy: I would love to see us break 901
(3:18 PM) bogdan07: bgu 33.03
(3:18 PM) nimesh_: failure of 1410 again!!
(3:20 PM) azags: I am back. I was away from my computer hiding in my cave from the attacks of the bulls. As I noted on the chat this am I added to my shorts today. I bought 8500 tza at 26.16 and 26.12and 26.10 and sold it at 26.6. I bought bgz 2000 at 37.47 and just sold it at 38.1. I also have 5000 more of bgz that I am about to sell. I had to hide in a cave from this morning's attack of the bulls
(3:20 PM) tomthetrader: so far we still have 40 minutes 250 pints ?
(3:20 PM) tomthetrader: FED is possible ?
(3:21 PM) Harrod_t: my 1% trailing stop on MCD was hit
(3:21 PM) tomthetrader: yes
(3:21 PM) tomthetrader: good trade
redliontrader: should have taken my $100.. stopped out
redliontrader: I got MCD stopped at 56.43?
(3:23 PM) tomthetrader: close enough
(3:24 PM) tomthetrader: PREM IS THE HERO
(3:24 PM) tomthetrader: Thanks Prem ...great call DAVE RED
(3:24 PM) tomthetrader: good work here
(3:25 PM) hibuck2: Yesterdays low SPX 905.22
redliontrader: MCD trailing stop @56.43 +5.85% ..
(3:26 PM) tomthetrader: Thanks Red
(3:26 PM) Fulkdaddy: a break of 901 ES would be big
(3:27 PM) Fulkdaddy: a/d 496
(3:27 PM) tomthetrader: NAS green and ready to rally ...who holds their pants down ?
(3:27 PM) ajayvee: A/D volume 1:1 in both Naz and NYSE
(3:28 PM) tomthetrader: flat AJ ?
(3:28 PM) tomthetrader: even steven ?
(3:28 PM) ajayvee: very flat
(3:28 PM) bogdan07: BGU 32.92
(3:29 PM) ajayvee: time for ppt to sneak in?
(3:31 PM) ajayvee: Naz A/D +0 Vol -1.3:1
(3:31 PM) ajayvee: NYSE A/D +300 Vol 1:1
(3:32 PM) tomthetrader: Thank you and Naz will end green ?
(3:32 PM) tomthetrader: weighted big stocks
(3:33 PM) JR Roden: I sure wasn't expecting to see all 3 indices in the red based on where they were at 3:00. Good from my perspective as I'm more short than long.
(3:33 PM) azags: Just sold my last 5000 bgz at 38.6 which I bought two days ago at 38.15
(3:33 PM) tomthetrader: Nice...patience and discipline Zags
(3:34 PM) tomthetrader: Very good ..we knew a top was close ...execution is the key
(3:34 PM) TTTMichael: Tom, I've been away, do you still have your QQQQ puts. I still hold July 37 puts.
(3:34 PM) ajayvee: good job zags, I could handle the pain and took my losses early in the session
(3:34 PM) ajayvee: couldn't
(3:34 PM) PremR: overnight lows of 2.25 short term support...below that we probably go to 895 area
(3:34 PM) PremR: 2.25=902.25
(3:34 PM) tomthetrader: I sold my puts too soon locked in a good profit on 100 others still hold I do Not
(3:35 PM) tomthetrader: Prem : you like the downside into tomorrow?
(3:37 PM) tomthetrader: getting to PPT time ?
(3:37 PM) azags: I have been short the close Monday and added to it yesterday morning and this morning. I did jump back and forth yesterday in tza taking profits. I was down a lot this morning only to come back with about $3500 in profits
redliontrader: i think we might pop here
(3:37 PM) tomthetrader: BE CAREFUL ...100% cash for TTT Traders too much risk for now
(3:38 PM) Fulkdaddy: a/d 365
(3:38 PM) Fulkdaddy: how about an 899 ES close?
(3:38 PM) tomthetrader: need - quickly
(3:38 PM) Fulkdaddy: Doesn't look like it will happen
(3:38 PM) tomthetrader: Prem another update ?
redliontrader: y cash
(3:38 PM) Fulkdaddy: Looks like Red is correct
(3:38 PM) ajayvee: yeah all cash. just playing with my mind...not much to lose
(3:38 PM) PremR: this market is very hard to trade so i take it one day at a time. i think this is a victory for the bears as we may have put in a lower high on the move up today.
(3:39 PM) tomthetrader: Prem our ES king
(3:39 PM) PremR: i am flat...the globex lows would have to go for me to play again.
(3:39 PM) DE_TTT: Tech Earnings today...NTES, NTAP, SMTC, INTU
(3:39 PM) tomthetrader: 903 ?
(3:39 PM) PremR: 902.25
(3:40 PM) PremR: we just touched that on the last move down and bounced off of it.
(3:40 PM) DE_TTT: Tech Earnings tomorrow...BRCD, TECD, STP, LDK, ADSK, VRGY, ARUN, CRM
(3:40 PM) ajayvee: we may get a key reversal day maybe?
(3:41 PM) azags: Aj I told you I have been short for the past two days
redliontrader: u gotta love this last hour
(3:41 PM) PremR: traded to 902.25 again and bounced.. next time down i am going to put a sell stop couple of ticks below to see if we get a contiuantion down from it.
(3:42 PM) PremR: short 901.5
(3:44 PM) ajayvee: Naz AD volume hits -2:1
(3:44 PM) tomthetrader: Thanks
redliontrader: pep .03 away from stopping out
(3:45 PM) ajayvee: Naz A/D -300 Vol -2:1 ** NYSE A/D +0 Vol -1.2:1
(3:46 PM) berniectx: Dave very nice call 901 SPX
(3:47 PM) tomthetrader: 14 minutes with PPT still could hit 925 !!!! Ben is in need of IBM ?
(3:48 PM) berniectx: sold my long ES will play again tomorrow be careful all
(3:48 PM) tomthetrader: BYE Bern thank you
(3:48 PM) DE_TTT: Ben has a Timex Sinclair
(3:48 PM) bogdan07: Tom ,any set up for tomorrow ?
(3:49 PM) tomthetrader: None Holiday up should be up to technicals
(3:49 PM) tomthetrader: should be flat to down tomorrow UP Friday ..short is good on any rally
(3:49 PM) DE_TTT: Ben buying BAC into the close...he cant get enough.
(3:49 PM) tomthetrader: yes
(3:49 PM) tomthetrader: Rally back in Banks
(3:50 PM) tomthetrader: Funny how the GOV'T does that ?
redliontrader: it won't go lower then this.. I have a big red line on my TNA chart that I drew here on 4/16 25.25 .. amazing how this resistance points work
(3:55 PM) azags: Where is Thomas? I thought he was short with me
redliontrader: Tom, you want to close out pep at the close even it it doesn't stop out? .05 above stop now...
(3:56 PM) tomthetrader: yes
(3:56 PM) tomthetrader: please
redliontrader: Hold TLT or 100% cash... TLT up big today 1%
(3:59 PM) azags: I am trying to close out some of my qid and hold out for at least 37
redliontrader: PEP close @52.01
(4:00 PM) tomthetrader: yes
(4:00 PM) tomthetrader: good stock pickign this year !
redliontrader: Pep up 2.7%
(4:01 PM) tomthetrader: NQ goes green
(4:01 PM) tomthetrader: heavy buying in tech on the close
(4:02 PM) tomthetrader: 903 holds
(4:04 PM) azags: This turned out to be a very positive green day for me from my morning paper loss equal to the national debt
(4:04 PM) DE_TTT: My pf was down 0.17% today...all long mostly tech...weird
(4:05 PM) DE_TTT: DDUP Data Domain: NetApp to Acquire Data Domain for $25 per share (17.34 -0.73)
(4:05 PM) DE_TTT: NTAP Network Appliance beats by $0.08, beats on revs; will not provide rev guidance for 1Q10 (17.34 -0.73)
(4:05 PM) DE_TTT: INTU Intuit beats by $0.07, beats on revs; guides FY09 EPS in-line, revs in-line
(4:06 PM) tomthetrader: wow Tech is rolling DE
(4:12 PM) tomthetrader: DAVE NAILED 903 Trader Of the Day with Prem and RED on the call lower
(4:13 PM) Fulkdaddy: Blind Squirel and net theory
(4:13 PM) DE_TTT: Great work...no doubt.
