(9:28 AM) Alert: This is a G rated room intended for a General Audience including minors. Offensive language is not permitted.
(9:28 AM) Alert: Hi , Welcome to TTT
(9:31 AM) tomthetrader: Questions ?
(9:32 AM) tomthetrader: Everyone OK ?
(9:32 AM) tomthetrader: OK !
(9:32 AM) tomthetrader: I am here if you need me
(9:32 AM) tomthetrader: most should have locked in profits
(9:32 AM) tomthetrader: if you haven't we will take 20% off here at 9:35-9:40am
(9:33 AM) tomthetrader: we should have BGZ 10% and DXD 30% after sale of 20% this morning
(9:33 AM) tomthetrader: stops should be placed at 1% trailing
(9:34 AM) Harrod_t: Sold google puts held from Friday., thanks for the suggestion.
(9:44 AM) tomthetrader: sell BGZ now
(9:44 AM) tomthetrader: 30% short 9:45 am
(9:44 AM) tomthetrader: please give fills
(9:45 AM) eman11: DXD sold 45.97
(9:46 AM) ajayvee: remainder of BGZ at 33.67
(9:46 AM) eman11: BGZ sold 34.69
(9:46 AM) steve_45_4: bgz 34.68 sold
(9:46 AM) tomthetrader: go to cash now 100% cash TRADERS will reenter
(9:46 AM) tomthetrader: 9:47 am
(9:46 AM) ajayvee: sold TZA at 21.65 - sittin in cash now
(9:46 AM) tomthetrader: cash Traders all profits locked in
(9:49 AM) tomthetrader: Very Good Job
(9:49 AM) tomthetrader: How many of you have made 2K per hour before ?
(9:49 AM) tomthetrader: that BGZ trade lasted officialy 15 minutes and paid off ?
(9:50 AM) tomthetrader: compounded annually ...you are a Billionaire trader?
redliontrader: Sold 50% DXD Filled at 45.01
redliontrader: Sold 10% BGZ filled 34.68
redliontrader: Traders 100% Cash
(9:52 AM) Fulkdaddy: Trader Vic Gap rule in effect
(9:53 AM) tomthetrader: Trend down day ?
(9:54 AM) les13436: Sold TZA, $21.46, +$1.02
(9:54 AM) Fulkdaddy: Gap Rule: If there is a gap and it is going to reverse it will do so 10-15 mins after the opening 95% of the time
(9:54 AM) Fulkdaddy: It did not reverse so the market should trade in the direction of the gap
(9:54 AM) Fulkdaddy: I copied and pasted the gap rule two posts up...did it show up?
(9:55 AM) thomas_Poland: y
(9:56 AM) hibuck2: y thxs fulk
(9:56 AM) tomthetrader: thanks guys ...it is like Mr McHugh ...can't understand it ?
(9:57 AM) Fulkdaddy: Tom, it is simply, if the market gaps down...and the gap is not filled within the 1st 10-15 minutes, then the market will continue in the direction of the gap...95% of the time
(9:57 AM) hibuck2: NYSE A/D -1866
(9:57 AM) tomthetrader: I can read McHugh 50x and never ever understand what the heck I just read !
(9:57 AM) Fulkdaddy: Simce we have not filled the gap down, the market should continue down today
(9:57 AM) hibuck2: $PCRCO 1.03
(9:58 AM) tomthetrader: good work gentlemen
(9:58 AM) hibuck2: $TRIN 1.82 $TRIQE .92
(9:58 AM) hibuck2: $TNX 38.08 3.80
(9:59 AM) tomthetrader: 5-Jun Traders DXD S 2500 44.96 Closed Jun-8 45.01 S TSC 45.01 112525 0.049999999999997 0.11% 45.01 $125
(9:59 AM) tomthetrader: Is that right ?
redliontrader: Thank you Judy!
(10:00 AM) tomthetrader: We made $125 on $2500 sh ares ?
(10:00 AM) jbljudy: YW
(10:01 AM) tomthetrader: I think we have a misprint on our tracking?
redliontrader: y
redliontrader: 100% DXD sold at 46.01
redliontrader: 2625$ profit
redliontrader: $861 on BGZ
(10:06 AM) derr11: Curt, was the BGZ trade a close out of an existing position ?
(10:08 AM) tomthetrader: I saw the closed positions and was shocked at $125 for DXD
(10:09 AM) tomthetrader: Maybe I read it wrong
(10:09 AM) tomthetrader: we need to gear up for the next rally to short
(10:09 AM) Fulkdaddy: BKX leading...must be on the news that some banks will be able to pay back the TARP funds
(10:10 AM) tomthetrader: Yes ..all are in line but the US Gov't is going to make it hard to give back w/o new rules inplace
(10:10 AM) tomthetrader: double edged sword ..not so sure onn banks
(10:10 AM) tomthetrader: I would shirt them
(10:10 AM) tomthetrader: or short
(10:11 AM) Fulkdaddy: Kass agrees...he likes them in the long run but believes they have run too far, too fast
(10:13 AM) tomthetrader: agree...Doug is stealing aLL MY CALLS
(10:13 AM) tomthetrader: bALL HOG !
(10:14 AM) tomthetrader: sentiment is such the pros I follow are scared to short ...so we will go much lower !
(10:15 AM) Fulkdaddy: I love it when you two are on the same page
(10:19 AM) tomthetrader: Thank you RED for all the hard work behind the scenes
(10:19 AM) tomthetrader: Let's give RED the CLAP
(10:20 AM) Fulkdaddy: thanks Red!
(10:20 AM) tomthetrader:
(10:20 AM) desertone: !!!! Red
(10:20 AM) tomthetrader: 920.00 Spport
(10:22 AM) tomthetrader: DUG in HERE or short oil and Gas ?
(10:22 AM) tomthetrader: Long Dollar and TLT
(10:22 AM) tomthetrader: Long anyting other than 2x shorts ?
redliontrader: thanks all
(10:24 AM) berniectx: anyone lke NG in here or UNG??
(10:25 AM) tomthetrader: Odds are "high" we touched an inter term top last week as we discussed now the "waiting is the hardest part"
(10:25 AM) tomthetrader: do you take the risk and play aggressive short with the FED backstop ?
(10:25 AM) tomthetrader: or play it safe with a mountain of cash /
(10:25 AM) tomthetrader: UNG is all the talk
(10:26 AM) Fulkdaddy: yes, Tom..great question
(10:26 AM) Fulkdaddy: So many dip buyers from being underinvested longs....they may not let it go down much???
(10:26 AM) tomthetrader: Bernie...it has everything in it's favor but can't rally ...I am getting to be bearish after wanting in last week UNG NG futures
(10:27 AM) berniectx: thx
(10:27 AM) tomthetrader: Dave: This time the BEARS have capitulated and now will be wrong on the upside short term ...I see 888 By June 28
(10:28 AM) tomthetrader: EASIEST WAY TO PLAY market is ES futures short with a 4 point stop
(10:28 AM) tomthetrader: or buy qqqq puts on every rally
(10:28 AM) tomthetrader: amass 500 June 37.00 puts
(10:30 AM) hibuck2: Tom u like june insead of july because very little time value?
(10:30 AM) tomthetrader: 'yes
(10:31 AM) tomthetrader: deep in the money and just close stops ...reenter on rallies
(10:32 AM) tomthetrader: Anyone thinking DUG here ?
(10:32 AM) tomthetrader: DTO ?
(10:32 AM) tomthetrader: ERY ?
(10:32 AM) hibuck2: r we taking that trade or waiting for the rally?
(10:32 AM) Fulkdaddy: Sounds pretty good...Gartman said on CNBC today he thinks commodities are going to correct
(10:32 AM) tomthetrader: If we take the trade ...we will fill it here
(10:33 AM) hibuck2: QQQ RK 1.23 -1.24
(10:33 AM) tomthetrader: any trades we chat about ...wait for conclusive YES we are going to BUY ----- for ---- right now just enjoying our million dollar an hour paychecks
(10:34 AM) tomthetrader: YES QQQRK is the best Contract
(10:34 AM) hibuck2: ok thxs
(10:34 AM) tomthetrader: let's watch that until 11:00am then fill 50 at a crack with a stop at 1.00
(10:35 AM) Alert: ====SECURITY BULLETIN!=======
Clicking on a link to any site that offers
-To give you a blue nickname for free,
-To give you the ability to be invisible or,
-To help you manipulate the Paltalk software,
violates Paltalk's Terms of Service AND/OR is a hacking site whose intention is to steal your nickname, password and/or credit card information.
Remember, if you want Paltalk software or you want to LOG-IN to Paltalk, be safe and go to www.paltalk.com
(10:35 AM) tomthetrader: I am sending out the e-mail I worked with Jason Goefert on this weekend ..he is one hell of a bright mind !
(10:38 AM) tomthetrader: OK
(10:38 AM) tomthetrader: everyone OK ?
(10:38 AM) tomthetrader: going into 11:00am
(10:39 AM) tomthetrader: and made some tremendous profits for the very short term
(10:39 AM) tomthetrader: now we need to add the pressure on any rallies
(10:47 AM) tomthetrader: we should be looking now HARD at QQQQ Puts
(10:47 AM) tomthetrader: DIA Puts
(10:47 AM) tomthetrader: SPY puts
(10:47 AM) tomthetrader: IWM puts
(10:47 AM) JR Roden: Thx
(10:47 AM) tomthetrader: so let em rip guys
(10:48 AM) tomthetrader: we will take 50 QQQRK here at best prices
(10:48 AM) tomthetrader: QQQRK 10 minutes to get AVG fill
(10:49 AM) tomthetrader: again we will add 500 contracts of the JUNE QQQQ puts in here before 11:00am at avg prices
(10:50 AM) tomthetrader: stop 1.00
(10:51 AM) hibuck2: NYSE A/D -1537
(10:52 AM) hibuck2: $PCRCO 1.04
(10:52 AM) hibuck2: $TRIN .55 $TRIQE .87
(10:52 AM) tomthetrader: finally areading over 1.00
(10:53 AM) hibuck2: yes been hard to get up there
(10:58 AM) tomthetrader: did we register our fills on QQQQ puts ?
(10:59 AM) steve_45_4: 1.19 here
(10:59 AM) tomthetrader: everyone taking a shot or keeping powder dry?
(10:59 AM) eman11: 1.20
(10:59 AM) bloomert: 1.19
(10:59 AM) tomthetrader: Hi E
(10:59 AM) Harrod_t: 1.18
(10:59 AM) eman11: GM Tom
(11:00 AM) tomthetrader: XLF puts are another shot...if some one wants to find a cheap June ITM put
(11:00 AM) tomthetrader: safe and effective here
(11:00 AM) tomthetrader: quick stops
(11:00 AM) tomthetrader: easy $$$ if I am right
redliontrader: 50 QQQ RK Filled avg price 1.20
(11:05 AM) tcb66: Aruj - Thoughts on bonds today with the 10 and 30 yr auctions this week?
(11:14 AM) desertone: In QQQRK @ 1.19
(11:17 AM) JR Roden: I joined the party w/D1 at 1.19
(11:22 AM) tomthetrader: stop those QQQRK at 1.10 now
(11:23 AM) tomthetrader: 1.10 stops on QQQRK
(11:23 AM) tomthetrader: break even if we get up .10
(11:31 AM) jaxbrown: got knocked off paltalk---is there a way to retrieve chat I missed
(11:31 AM) tomthetrader: I will IM it to you
(11:31 AM) tomthetrader: we will move stops to break eben
(11:31 AM) tomthetrader: EVEN
(11:31 AM) tomthetrader: STEVEN
(11:31 AM) jaxbrown: sorry to bother you thanx
(11:32 AM) tomthetrader: No problem
(11:32 AM) tomthetrader: again we may take a quick profit here in QQQRK
(11:32 AM) tomthetrader: qutes on QQQRK ?
(11:33 AM) hibuck2: QQQ RK 1.25 - 1.26
(11:33 AM) azags: 1.25/1.26
redliontrader: 1.25
(11:33 AM) tomthetrader: limit sell at 1.30 stop at 1.20
(11:33 AM) tomthetrader: OK
(11:34 AM) tomthetrader: BOX it in here
(11:34 AM) tomthetrader: Limit sell 50 at 1.30 stop at 1.20 QQQRK
(11:34 AM) tomthetrader: OK everyone understand ?
(11:34 AM) hibuck2: yup
(11:34 AM) tomthetrader: OK Thanks
(11:34 AM) steve_45_4: y
(11:34 AM) eman11: Yes
(11:35 AM) tomthetrader: Anyone get the XLF Puts ?
(11:37 AM) tomthetrader: with 300 members making 3K each from Friday til now that is a lot of money going to the good team...just imagine if there was interest in our investment club ?
(11:37 AM) tomthetrader: stops up to 1.25 stop
(11:37 AM) tomthetrader: we are boxed 1.25 -1.30
(11:38 AM) tomthetrader: should get out in here with a good profit ?
(11:38 AM) tomthetrader: let me know
(11:38 AM) tomthetrader: lot of volume good contract
(11:39 AM) steve_45_4: out 1.25
(11:39 AM) jaxbrown: are we looking to go into calls when we're out?
(11:40 AM) tomthetrader: By the end of the month ....
redliontrader: Out 50 QQQRK @ 1.25 Stop
(11:40 AM) tomthetrader: I think we will continue to push the short side for several days
(11:40 AM) tomthetrader: Good work guys
redliontrader: $250/4.17% profit on QQQRK
(11:41 AM) tomthetrader: 920 ish SPX is a chance to go long 1-5 days
(11:41 AM) azags: Tom I did not take the qqqrk trade but a .05 profit on 50 option contracts is $250 minus commission which would be $45 each way
(11:42 AM) tomthetrader: Thanks Zags
(11:42 AM) tomthetrader: Much easier to do options outside of Chat and longer term
(11:42 AM) tomthetrader: QID the best play
(11:43 AM) tomthetrader: but i AM INTERESTED IN TESTING THE PUT WATER
(11:43 AM) azags: you do far better on 2x or 3x etfs
(11:43 AM) tomthetrader: BGZ TYP The 3x shorts are where the money is
(11:44 AM) azags: Are you expecting the usual pop at lunch?
(11:44 AM) tomthetrader: or you can buy 10000 contracts for 250K?
(11:44 AM) steve_45_4: put remember the difference in capital needed between the options and ETFs especially the 3x ETFs
(11:44 AM) tomthetrader: Yes we should see the bottom feeders at lunch
(11:45 AM) azags: correct you are risking a lot more dollars in etfs
(11:45 AM) tomthetrader: our indicators are neutral and we shoiuld get a buy signal by WED
(11:45 AM) arujunaa: tcb: we reached strong support o/n around 113.00 on tym9. i added 25% long at 113.09 which takes my ave on 75% long to 113.45 (currently at 113.59)
(11:45 AM) tomthetrader: YES ETF's are safer so you can stay longer Options can kill you if not handled with care and tough to do in this environemnt for me
(11:46 AM) arujunaa: after the violent p action on fri, we will need some time to consolidate. strong resistance is at 113.875/114.25
(11:46 AM) hibuck2: i think a good reenter spot between 50 % 61.8 % @ 36.43 on QQQ RK
(11:46 AM) tomthetrader: I was hoping to build up a warchest of puts but he Puts are being bought heavier than expected do we will take our $50 and eat well
(11:46 AM) arujunaa: for tlt, 111.50/112.50 on usu9 is huge support imo
(11:47 AM) tomthetrader: Aruj : Thanks ..I think M2 has been stagnate for months and this will show up soon
(11:47 AM) tomthetrader: the TLT / rates should drop over the summer ...and M2 is pumpin g now for 4th quarter Rally in stocks
(11:48 AM) tomthetrader: Ten years just missed my target and won't get back up to those highs until 2010 IMHO
(11:49 AM) tomthetrader: again very tough to safely trade options in this environment
(11:49 AM) tomthetrader: we could have easily gotten more aggressive in here as weshould drop another 1%
(11:50 AM) tomthetrader: But I can't do every individual trade perfect...need some wiggle room on stops and runs longer but market is unforgiiving
(11:50 AM) tomthetrader: to sday the least
(11:50 AM) tomthetrader: say
(11:50 AM) tomthetrader: the least
(11:52 AM) tomthetrader: TREND DAY QUALITIES STILL EXIST
(11:53 AM) tomthetrader: Shorting the market still a high odds event
(11:59 AM) tomthetrader: Market is at much like the 666 bottom ...the market has to prove it can go higher or lower..if it can't it will rally or selloff
(12:00 PM) tomthetrader: we are now at a spot whereas if it is a true BULL market it will rest down 1-3% and rally past 1500 NDX NQ and 950 ES SPX
(12:02 PM) tomthetrader: Here are my KEY support areas
(12:03 PM) tomthetrader: 37.26 QQQQ support ?
(12:03 PM) tomthetrader: 36.75 sorry
(12:03 PM) tomthetrader: 36.25
(12:03 PM) tomthetrader: 36.00
(12:04 PM) tomthetrader: 35.50
(12:04 PM) tomthetrader: 50.69 target for IWM
(12:05 PM) tomthetrader: FAZ a short term BUY for .10 ?
(12:05 PM) tomthetrader: GOOG puts rasing stops again
(12:07 PM) DE_TTT: European Markets Closing Prices: FTSE: 4405.2 -33.3 -0.8%, DAX: 5004.7 -72.3 -1.4%, CAC: 3289. -49.4 -1.5%
(12:07 PM) tomthetrader: Thanks DE
(12:07 PM) tomthetrader: New downside targets :
(12:07 PM) tomthetrader: 1410 NDX NQ
(12:07 PM) tomthetrader: 888 SPX
(12:08 PM) tomthetrader: 475.00 RUT
(12:16 PM) hibuck2: VRSN being taking out to wood shed for a beating dn 3.37
(12:17 PM) tomthetrader: tremendous overall market call....we should see 920 SPX test and the rally off
(12:21 PM) tomthetrader: Any Questions
(12:21 PM) tomthetrader: OK ?
(12:21 PM) tomthetrader: TTT Out til 1:56pm looking at some futures and options and ETF's
(12:23 PM) Harrod_t: QQQQ puts were up .1 from purchase
(12:30 PM) tomthetrader: Nice contract
(12:30 PM) tomthetrader: IWM puts still a bargain basement price
(12:30 PM) tomthetrader: as are XLF puts
(12:31 PM) tomthetrader: XLK puts also a good buy ?
(12:31 PM) tomthetrader: 927.50 ES
(12:34 PM) tomthetrader: OBAMA ( President ) Is trying to spin the economy here and Traders are going to buy it or not ?
(12:35 PM) tomthetrader: I would bet not as the FED actually wants a correction here and now to get inflation down
(12:35 PM) tomthetrader: and rates down into a massive refunding
(12:35 PM) ctmhou: Tom, are youshorting at the moment?
(12:36 PM) tomthetrader: We are 100% cash but I am messing with some FAZ and BGZ NQ and TF futures short...to find a level of interest
(12:37 PM) tomthetrader: throwing stuff on the wall to see if it sticks
(12:37 PM) desertone: Look at the QQQQs while O is talking
(12:37 PM) tomthetrader: I will be out tomorrow so can'r establish much as far as positions
(12:37 PM) desertone: grrrrr
(12:37 PM) tomthetrader: just tell you the areas most likely to rally and breakdown
(12:37 PM) ctmhou: Tom, how is Prisha doing?
(12:38 PM) tomthetrader: OK we will bring here home Wednesday
(12:38 PM) ctmhou: Yipppeee
(12:38 PM) tomthetrader: very happy to have her back home Wednesday
(12:38 PM) ctmhou: Is this from the incedent from Thanksgiving 2 years ago?
(12:38 PM) tomthetrader: 36.25 should now be resistqNCE
(12:39 PM) tomthetrader: Resistance 36.25
(12:40 PM) tomthetrader: IWM puts ....fairly soon
(12:41 PM) tomthetrader: or 3x etf
(12:41 PM) tomthetrader: tza
(12:41 PM) tomthetrader: what is you all's average cost for buying 100 contracts of a option
(12:42 PM) tomthetrader: IS IB the lowest ?
(12:42 PM) tomthetrader: 1466 NQ off from my 1507 best short
(12:42 PM) tomthetrader: 1410 would be a compelling buy
(12:43 PM) hibuck2: i pay 16.45 per trade
(12:45 PM) tomthetrader: Thanks
(12:47 PM) tomthetrader: Many may want to refer to notes we sent out many weeks agao ...as we always try to get the appropriate level of instruments to suit your needs based off of the SPX cash
(12:47 PM) tomthetrader: The equal amounts are fairly easy to calculate if we recommend being short
(12:48 PM) tomthetrader: so you can buy the 2 or 3x ETF Futures Options or general stocks
(12:52 PM) tomthetrader: 36.25 now major resistance on QQQQ ?
(12:52 PM) tomthetrader: can short again soon with IWM
(12:52 PM) tomthetrader: depending on futures options ETF's
(12:55 PM) tomthetrader: market should collapse into final hour with banks too ...we will take on a 50% hold position on FAZ at 1:00pm price 4.50 stop 4.35
(12:56 PM) tomthetrader: FAZ Limit 4.50 stop 4.35 on 50% or 100K worth
(12:56 PM) tomthetrader: 20 ,000 sh or so
(12:58 PM) tomthetrader: 12:57:49 filled FAZ
(1:01 PM) tomthetrader: 4.48
(1:02 PM) tomthetrader: 25,000 bought at 4.48 13:101:08
(1:02 PM) eman11: filled at 4.49
(1:03 PM) jaxbrown: 100 Jun5 call @.25
redliontrader: FAZ 50% 25K shares of FAZ filled average price 4.485
redliontrader: In Traders
redliontrader: Stops at 4.35
(1:06 PM) energy2x: filled 4.49
(1:15 PM) tomthetrader: Raise stops to 4.40 please
(1:15 PM) tomthetrader: FAZ stops up to 4.40
(1:18 PM) Pete45: filled FAZ @ 4.4799
(1:20 PM) thomas_Poland: I am loking to go short in some time
(1:20 PM) thomas_Poland: hopefully we can touch 932 and go down
(1:20 PM) tomthetrader: Thank you
(1:23 PM) tomthetrader: 1:56pm Hedge fund hour : will they be so eager to buy with no news to buy on just fundamentals ?
(1:23 PM) tomthetrader: Bull they would Correction they would not BEAR they would sell
(1:34 PM) tomthetrader: 4.44 stop on FAZ
(1:35 PM) tomthetrader: Again stop FAZ now 4.44
(1:37 PM) hibuck2: NYSE A/D -1686
(1:37 PM) hibuck2: $PCRCO .98
(1:37 PM) hibuck2: $TRIN .73 $TRIQE .94
(1:37 PM) hibuck2: $TNX 38.52 3.85
(1:38 PM) tomthetrader: sell FAZ at 4.55
(1:38 PM) tomthetrader: limit
(1:39 PM) tomthetrader: stop 4.44 sell limit 4.55 for Traders in the BOX
(1:39 PM) Fulkdaddy: You think we rally into the close now Tom?
(1:40 PM) tomthetrader: ]No..we should not
(1:41 PM) tomthetrader: we should sell off...but considering this pattern of buying late we have to keep close stops
(1:46 PM) hibuck2: QQQ RK 1.15 -1.16
(1:47 PM) tomthetrader: impressive shakeouts all over
(1:47 PM) tomthetrader: really nice to see a normal Market today
(1:47 PM) tomthetrader: We have FAZ in the BOX captured and which way will it escape ???
(1:51 PM) thomas_Poland: short 2:00-2:10
(1:54 PM) tomthetrader: mOVE STOPS TO 4.46 ON faz 50% OF tRADERS Traders 50% long FAZ 3x short banks
(1:55 PM) tomthetrader: again we have adjusted our stops
(1:55 PM) tomthetrader: Please be advised we are cautious in here and do not weant to give back any profits ...
(1:55 PM) tomthetrader: you are doing great
(1:57 PM) tomthetrader: we are now in a box of 4.46 -4.55 and will take either and reenter a better tradeif stopped or sell MOC
(2:01 PM) tomthetrader: buyingt at 2:00pm so far limited
(2:01 PM) tomthetrader: selloff very orderly / contained
(2:02 PM) tomthetrader: short term rates rising should hurt stocks more
(2:02 PM) tomthetrader: 30 year HOD
(2:02 PM) tomthetrader: Banks UNCH as they think it helps
(2:07 PM) tomthetrader: 4.47.00 new stop on FAZ ...4.47 new stop sell limit at 4.55
(2:07 PM) JR Roden: Q's having trouble holding their gains. Let's see them give up into EOD.
(2:08 PM) tomthetrader: so we have FAZ in a Box at 4.47-4.55
(2:10 PM) tomthetrader: QCOM holding up very well very bullish chart
(2:13 PM) hibuck2: i got new high $TNX 38.76
(2:13 PM) hibuck2: 3.87
(2:13 PM) tomthetrader: good call
(2:14 PM) hibuck2: NYSE A/D -1567
(2:15 PM) hibuck2: $PCRCO been staying up all day .97
(2:15 PM) JR Roden: Q's right at the uptrend line from 12:30 today on 5 min chart trying to hold that as support.
(2:15 PM) tomthetrader: yep...won't break
(2:15 PM) hibuck2: QQQ RK 1.19 -1.20
(2:16 PM) tomthetrader: time to buy ?
(2:17 PM) tomthetrader: 36.25 I think is all the higher QQQQ gets this week /
(2:17 PM) hibuck2: I was hoping for 36.43
(2:17 PM) tomthetrader: you may be right
(2:19 PM) hibuck2: we do have a death cross on 50mvg avg through the 100mvg avg on QQQQ
(2:20 PM) tomthetrader: Death Cross = Not good
(2:32 PM) steve_45_4: stopped here FAZ 4.47
(2:32 PM) hibuck2: QQQQ 36.33
(2:34 PM) tomthetrader: Just like we thought it will now finish at 4.75
(2:37 PM) tomthetrader: ok ...we are 100 per cent cash again as they saw all the stops on this pos etf
(2:37 PM) tomthetrader: and we are out
(2:40 PM) hibuck2: QQQ RK 1.14 - 1.15
redliontrader: Stopped Out FAZ @ 4.47
(2:46 PM) JR Roden: Trying to break that uptrend line from 12:30 on the Q's again. We haven't stayed below that line on a 5 min bar close yet.
(2:50 PM) ajayvee: Poland the hotspot for IPOs according to CNBC
(2:51 PM) hibuck2: qqqq 36.36
(2:51 PM) JR Roden: Q's tested the uptrend line hard again bounced once again.
(3:00 PM) hibuck2: QQQQ 36.43
(3:02 PM) tomthetrader: You were spot on hibuck ..now do we short QID ?
(3:02 PM) tomthetrader: do we go 100% short via QID ?
(3:02 PM) tomthetrader: 32.25 what a great entry ?
(3:03 PM) tomthetrader: anyone
(3:03 PM) tomthetrader: I am going 50% short via QID now
(3:03 PM) tomthetrader: 32.25
(3:03 PM) tomthetrader: 50% short again this time with QID
(3:03 PM) tomthetrader: 32.24-25
(3:03 PM) tomthetrader: great entry
(3:03 PM) hibuck2: iam on QQQ RK 1.08
(3:04 PM) tomthetrader: Good I would be there too
(3:05 PM) tomthetrader: No stops til tomorrow
(3:07 PM) eman11: Tom it moved up quick, I didn't get in. What price is a good entry price?
(3:07 PM) tomthetrader: 32.25
(3:07 PM) eman11: I'll wait for a pullback.
(3:07 PM) tomthetrader: it picked up nice but don't chase too much 32.34 is as far as I would go
(3:08 PM) tomthetrader: limit at 32.34 may fill today /
(3:08 PM) tomthetrader: here you go
(3:08 PM) tomthetrader: you can get it at 33 even
(3:09 PM) tomthetrader: again very bearish tape now if they can't run itup
(3:10 PM) tomthetrader: 32.25 -32.31 are good fills
(3:10 PM) steve_45_4: 32.28 here
(3:11 PM) ajayvee: missed it
(3:11 PM) eman11: filled at 32.33
(3:14 PM) ajayvee: filled QID at 33.30
(3:14 PM) ajayvee: 32.30
(3:14 PM) Sharsan: hello, please help me my paypal is sharsan_2025@hotmail.com
redliontrader: Filled 50% Traders with QID @ 32.30
(3:18 PM) eman11: I hope PPT takes the day off.
(3:18 PM) ajayvee: got another QID fill at 32.25
(3:20 PM) JR Roden: DIA wiht a monster candle to cut into it's opening gap.
(3:20 PM) ajayvee: wow, what a takeoff!
(3:20 PM) JR Roden: I hate this manipulation
(3:21 PM) Alert: White House briefing LIVE NOW News Talk Online Radio/TV Section [Free Video]
(3:22 PM) thomas_Poland: any news ? I was out for last two hours
(3:22 PM) hibuck2: High $TICK 1148.
(3:22 PM) thomas_Poland: and now I can see they try to f...k everybody??
(3:23 PM) ajayvee: WOW!
(3:25 PM) hibuck2: well I didn't wait long enough
(3:28 PM) tomthetrader: hit 31.75
(3:28 PM) tomthetrader: that was on ENOURMOUS VOLUME
(3:29 PM) tomthetrader: 32.25 whwere I picked up shares to 31.75 in seconds
(3:29 PM) ajayvee: pullback over? indexes about to go green
(3:29 PM) tomthetrader: pretty toppy we will add 50% at 31.880 to be 100% short
(3:29 PM) Kiwi_SanDiego: check out gold and the $$$$
(3:29 PM) tomthetrader: 31.80
(3:29 PM) Kiwi_SanDiego: USD
(3:30 PM) tomthetrader: 31.80 QID long to 100%
(3:31 PM) tomthetrader: I guess this maybe is a Bull market ? See that set up ....amazing
(3:31 PM) tomthetrader: this is simply astonishing !
(3:32 PM) ajayvee: AMAZING!
(3:32 PM) eman11: second fill QID 31.70
(3:32 PM) tomthetrader: Did they pass a law saying stocks cannot go down ?
(3:32 PM) hibuck2: Back over fridays close on QQQQ
(3:32 PM) tomthetrader: WOW ! acting with more spring in it's step every
(3:33 PM) tomthetrader: 250 point turnaround in the futures from Friday?
(3:33 PM) tomthetrader: Breathtaking
(3:33 PM) tomthetrader: does anyone know what happened ?
(3:33 PM) hibuck2: PPT ?
(3:34 PM) tomthetrader: was it just a asset allocation by all 5 biggies?
(3:34 PM) tomthetrader: No news I can see
(3:34 PM) tomthetrader: 31.46 LOD QID
(3:35 PM) tomthetrader: haven't see one of those since the 90's ?
(3:35 PM) tomthetrader: maybe we are heading for 1999 ?
(3:35 PM) ajayvee: I'm thinking (hoping) it will react just as violently to the downside
(3:35 PM) steve_45_4: you taking QID overnite?
(3:36 PM) tomthetrader: yes
(3:36 PM) tomthetrader: we may buy some futures short in the Main fund
(3:36 PM) steve_45_4: ty
(3:37 PM) tomthetrader: Any news yet
(3:37 PM) tomthetrader: asset allocation models with bonds up ?
(3:37 PM) hibuck2: qqq s have shooting star on the 5 min
(3:39 PM) tomthetrader: Knocked new shorts in the CROTCH
(3:40 PM) ajayvee: Yes! ( as he yells in a high-pitched voice)
(3:40 PM) tomthetrader: 944 still has to be resolved here ...we got oversold short term and was getting bearish thatit did not rally then this charade !
(3:41 PM) thomas_Poland: we hit 78.6 retr to the tick
(3:41 PM) thomas_Poland: the most important (almost) Fib in ES
(3:41 PM) csu30: Filled FAZ 4.29
(3:42 PM) csu30: Are we in QQQRK?
(3:42 PM) hibuck2: i am
(3:42 PM) hibuck2: .85
(3:42 PM) tomthetrader: ]wow
(3:43 PM) csu30: 0.84/0.85
(3:43 PM) tomthetrader: just a real good set up for those BIG BANKS
(3:52 PM) ajayvee: RUT red, Naz near even
(3:52 PM) thomas_Poland: close negative
(3:52 PM) thomas_Poland:
(3:53 PM) eman11: Last retest of 1500?
(3:54 PM) tomthetrader: maybe ..they certainly could not break 1500 NQ
(3:54 PM) tomthetrader: with all that Drama
(3:54 PM) tomthetrader: maybe a generational top ?
(3:55 PM) tomthetrader: OK ....5 min to see the [power of GEEEEEEEEEEZ
(3:56 PM) tomthetrader: we will stay QID short for 10Days and dip into Main fund to buy hedges if need be ..a/d line negati
(3:56 PM) ajayvee: c'mon bears, do some growling and ripping of flesh!
(3:57 PM) tomthetrader: do we have a TOP TOP TOPPY ?
(3:58 PM) tomthetrader: 944 still holds 1500 still holds all indices still hold
(3:58 PM) tomthetrader: Our oscillators went from nearly oversold back to nearlt overbought in 1 hour ...back to OCT ?
(3:59 PM) hibuck2: hv good day off
(3:59 PM) steve_45_4: best wishes for tomorrow
(3:59 PM) thomas_Poland: as said before .. we will close negative
(3:59 PM) hibuck2: just one !
(3:59 PM) ajayvee: good luck to you and Prisha!
(3:59 PM) JR Roden: Good luck tomorrow.
(4:00 PM) hibuck2: what do we do without you
(4:00 PM) JR Roden: We're still prayin for ya
(4:00 PM) desertone: GL Tom and thanks ! GN everyone
redliontrader: take care
(4:00 PM) eman11: Take Care I wish your family the best.
(4:01 PM) ajayvee: Dow +.76
(4:01 PM) tomthetrader: Thanks Guys and I will update with Good news
(4:01 PM) tomthetrader: .15 dow +
(4:01 PM) tomthetrader: .46 ?
(4:02 PM) azags: good luck Tom tomorrow
(4:02 PM) tomthetrader: -600 a/d on a Dow up day is pretty much a huge4 SELL signal
(4:02 PM) ajayvee: 1.44?
(4:02 PM) tomthetrader: Thank you Zags and Thank you for the Lovely flowers...Prisha is in awe of the spring colors and it lightens up here room !
(4:02 PM) tomthetrader: Thank you ZAGS ...beautiful
(4:03 PM) azags: Thomas you were way off with your negative close. It closed up a huge 1.44
(4:03 PM) azags: Thanks Tom
(4:03 PM) tomthetrader: 1.44 yes...blow off
(4:03 PM) tomthetrader: wild day ....sleeping dogs lie day ?
(4:08 PM) ajayvee: Wholesale Inventory report tomorrow, still quiet. Maybe Wed Beige book?
(4:14 PM) thomas_Poland: no zags .. spx closed negative
(4:15 PM) azags: yes you are right for the spx, rut, ndx
(4:41 PM) DE_TTT: TXN Texas Instruments raises Q2 outlook
(4:41 PM) DE_TTT: Revenue: $2.30 - $2.50 billion, First Call consensus is $2.21 bln, prior guidance was in the range of $1.95 - $2.40 billion; EPS: $0.14 - $0.22, First call consensus is $0.10, prior was in the range of $0.01 - $0.15.
(4:43 PM) ajayvee: that sure helped the Qs...and hurt QID
(4:59 PM) Alert: Find out how to get a new car cheap on News Talk Online in the Radio/TV Section NOW [Free Video]
(5:11 PM) eman11: QID down .15 AH Ouch
(5:29 PM) Alert: Support for Jihad organzations drops in wake of Obama speech to the Muslim world - that story NOW on News Talk Online in the Radio/TV Section [Free Video]
(6:22 PM) Alert: ====SECURITY BULLETIN!=======
Using utilites from third parties such as button holders, remote typers, etc ... are at risk of having their passwords stolen!
Many of these utilities contain trojans that report your nickname and password to the program's creator. We encourage everyone to change their password reguarly, and to uncheck the save password checkbox on the login screen.
If you do this, you will have to enter your password every time you log in, but it is a small price to pay to keep your account and password protected.
(10:49 PM) ajayvee: futures finally going in the right direction
(2:09 AM) Alert: ====SECURITY BULLETIN!=======
Paltalk will never send emails with attachments! NEVER open any attachemnts unless you are absolutely sure they are free of viruses and trojans! DONT BE FOOLED by fake 'support' letters or surveys that claim to be from PalTalk! PalTalk will NEVER request personal informaion in an email unless YOU contact us with a problem with your account first. Always check the header of any email that claims it is coming from PalTalk.
(8:18 AM) hibuck2: gm all
(8:19 AM) hibuck2: red ru feeding the bears up there ?
(8:21 AM) redTest: gm
(8:22 AM) desertone: GM everyone
(8:23 AM) les13436: gm DT
(8:42 AM) hibuck2: well one good thing for bears NQ did not go over 1500.00
redliontrader: My SPX watch numbers: 940.83, 947.21 on the upside, 932.34, 927.63 on the downside
redliontrader: GM - 9:15am -- our marching orders today is to manage our short position in traders.. at 10:30am we will place 4% trailing stops on the QID
redliontrader: It looks like we might open up with a gap.. I would expect the A/D lines to open in that 0 to 2:1 area on the A/D race indicator.. They should either build from there to take the bulls on the next leg up, or weaken.. we will see.. I will have the race indicator up along with QID and the trailing stops..
redliontrader: if there is anything you need let me know either here.. superim me or redliontrader@gmail.com
redliontrader: Tom is out today.. we expect him to be back tomorrow..
(9:19 AM) rekon8: gm
(9:23 AM) JR Roden: gm all
(9:24 AM) eman11: gm
(9:29 AM) ajayvee: seat belt and helmet on, ready to go again
(9:30 AM) hibuck2: ding ding ding
(9:35 AM) JR Roden: gap trying to hold
(9:36 AM) eman11: Appl down over a dollar
(9:37 AM) eman11: bas sign for bulls
(9:37 AM) eman11: "bad"
(9:39 AM) redTest: not enought momentum to get over that 944
(9:39 AM) eman11: Added a little more QID
(9:40 AM) eman11: Stop at 31.29
(9:40 AM) JR Roden: NDX went to 1500 exactly and trying to make another run at it.
(9:41 AM) eman11: I don't think it can break 1500 with appl down
(9:42 AM) JR Roden: It's giving a good try ... for now
(9:45 AM) JR Roden: 1500 and 944 got a good test there. Let's see the bulls step in and take this back down for a day or two.
(9:45 AM) JR Roden: Usually we can one big down day on the week before OpEx
(9:46 AM) hibuck2: $PCRCO .76
(9:46 AM) hibuck2: $TNX 38.56
(9:46 AM) hibuck2: 3.85
(9:47 AM) hibuck2: $TRIN .58 $TRIQE .42
(9:47 AM) hibuck2: NYSE A/D +1098
(9:48 AM) Alert: Whisper sent.
(9:52 AM) redTest: conib was bounced from the room by redTest. 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
(9:55 AM) hibuck2: NYSE A/D +804
(9:55 AM) Alert: ====SECURITY BULLETIN!=======
Please be wary of third party websites that ask you for your Paltalk password. If you access a website that does not end in 'paltalk.com' (for example, sites named paltalk.ru or paltalk.freenickname.com are not paltalk.com websites), you should never have to enter your Paltalk password. Paltalk cannot be responsible for 3rd party payments and any dispute must be between you and the person who paid for the account.
(9:56 AM) eman11: AAPL just went positive not good for QID
(9:56 AM) hibuck2: $PCRCO .80
(9:56 AM) ajayvee: Naz the strong one today
(9:56 AM) redTest: yes naz strong, but all weakening.. 10am wholesale inventory data coming oup
(9:57 AM) redTest: up
(9:58 AM) eman11: After the Apple Developers conference which was yesterday - APPL falls an average of 8% in the following week.
(9:59 AM) eman11: AD NYSE +644
(9:59 AM) eman11: SPX LOD
(10:03 AM) billbTN: 944 has been an area to short several times in the past few weeks
(10:03 AM) redTest: knocked offline at tradestation..charts are behind...
(10:04 AM) ajayvee: got knocked off and now back on here
(10:08 AM) ajayvee: Thomas, what does the clock say today?
(10:11 AM) thomas_Poland: clock said short 9:55
(10:14 AM) thomas_Poland: if indicators allow
(10:14 AM) thomas_Poland: of course
(10:16 AM) JR Roden: 1500 has only been tested on 7 different 5 minute bars today.
(10:16 AM) JR Roden: With chart showing definite negative divergence
(10:18 AM) ajayvee: GOOG AAPL and CSCO red, I like that
(10:22 AM) ajayvee: new low prints in ES
(10:23 AM) thomas_Poland: Tom likes new lows after 10:30
(10:24 AM) hibuck2: $PCRCO .85
(10:24 AM) hibuck2: $TNX 38.42 3.84
(10:24 AM) hibuck2: $TRIN 1.14 $TRIQE .65
(10:25 AM) hibuck2: NYSE A/D +252
(10:26 AM) ajayvee: Naz A/D +350 Vol +2:1
(10:26 AM) ajayvee: RUT A/D +225 Vol +1.5:1
(10:27 AM) ajayvee: NYSE A/D Vol -1.1:1
redliontrader: 4% trailing stops on QID current price = 30.39
redliontrader: i mean stop currently set to 30.39, current price 31.60
(10:33 AM) JR Roden: Thx Red
(10:45 AM) ajayvee: wow that N100 A/D line is going vertical off the charts red!
(10:47 AM) eman11: APPL LOD
(10:49 AM) JR Roden: DJI and SPX are red
(10:49 AM) ajayvee: QID new HOD
(10:49 AM) JR Roden: rut still holding it's gap
(10:50 AM) ajayvee: gee, ES new LOD after 10:30
(10:51 AM) desertone: added to QQQRK @ 0.83
(10:52 AM) eman11: Nice pick up Desert
(10:53 AM) desertone: Tnks I really don't know which way to go
(10:55 AM) arujunaa: i sold 50% long at 113.8125 tym9. still 25% long from approx 113.50
(10:57 AM) ajayvee: thnx aruj, what time are the auctions?
(10:57 AM) arujunaa: 1pm today, tomorrow & thur
(10:58 AM) ajayvee: thnx
(11:02 AM) ajayvee: Red, the Market thrust chart is off to the right
(11:03 AM) eman11: AD NYSE -43
(11:05 AM) hibuck2: $PCRCO .86
(11:05 AM) hibuck2: $TRIN 1.75 $TRIQE .60
(11:05 AM) hibuck2: $TNX 38.34 3.83
(11:05 AM) nimesh_: damn nasdaq showing strength
(11:06 AM) hibuck2: NYSE A/D -17
(11:07 AM) ajayvee: must be the small caps today with RUT and Naz strong and GOOG, MSFT, AAPL CSCO weak
(11:16 AM) JR Roden: So far NDX is honoring a downtrend line on the 5 min chart which started w/the top on the 5 min bar. that trend line is currently at about 1492.
(11:34 AM) eman11: NTSE Ad +116
(11:59 AM) redTest: jr, how is NDX doing on the trendline..
(11:59 AM) redTest: we can't go lower until we get some weakness in the NDX
redliontrader: Trailing stops on QID now at 30.58
(12:08 PM) ajayvee: NDX RUT and NYA looking bullish
(12:08 PM) Guriqbal Singh: any one dere
(12:08 PM) dhmohan1963: hammer
(12:08 PM) hibuck2: tube him
(12:09 PM) redTest: Guriqbal Singh was bounced from the room by redTest. 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
(12:09 PM) thomas_Poland: f...k you idiot
(12:09 PM) desertone: LOL
(12:09 PM) hibuck2: yur late tomas
(12:09 PM) thomas_Poland: yes
(12:10 PM) hibuck2: thats ok we get your point
(12:11 PM) redTest: we just had the high tick of the day at 800ish.. very slow market
(12:12 PM) ajayvee: $SOX just off their new highs also
(12:19 PM) mike r_3: hi traders, Tom's last email talked about following on the website, was he talking about the FINVIZ or someting else?
(12:21 PM) redTest: mike: http://pv.ttthedge.com if you don't have a login super IM me..
(12:23 PM) hibuck2: NYSE A/D keeps mvg up +543
(12:23 PM) ajayvee: new high TICKs, I show +955
(12:23 PM) ajayvee: hopefully this is just the normal lunchtime run up
(12:24 PM) redTest: just bought sds@53.58 for a scalp
(12:26 PM) redTest: stopped -.10
(12:27 PM) hibuck2: I can't get grasp on witch way its going I think the upside has more pwr
(12:28 PM) JR Roden: NDX to test 1500 again. This one worries me on low volume at lunch time.
(12:36 PM) eman11: 1500 still holding as resistance
(12:40 PM) eman11: bought more QID @31.40 tight stop
(12:55 PM) hibuck2: in BGZ @33.41
(12:59 PM) DE_TTT: European Markets Closing Prices: FTSE: 4404.8 -0.4 -0.01%, DAX: 4997.9 -6.9 -0.14%, CAC: 3296.7 +7.1 +0.21%
(1:02 PM) hibuck2: stop out
(1:04 PM) eman11: Stop out too
(1:05 PM) hibuck2: should we join the party and go long?
(1:05 PM) arujunaa: 3yr auction went well. but 10s & 30s matter more
(1:06 PM) eman11: I am still holding my main QID Traders position.
(1:08 PM) JR Roden: It is quite a battle at 1500 and 944. Just as SPX got near 944, NDX was up around 1502 and both got knocked back. But it's still a pretty tight range, we need a breakout one direction or another ... my hope is stil downward.
(1:08 PM) JR Roden: Just not sure it will happen today.
(1:27 PM) hibuck2: $TRIN .67 $TRIQE .45 droping
(1:56 PM) hibuck2: NYSE A/D +677
(1:59 PM) hibuck2: NQ month high @1513.00
(2:00 PM) hibuck2: $COMS 1865.95
(2:00 PM) hibuck2: QQQQ 37.08
(2:01 PM) hibuck2: month high
(2:03 PM) JR Roden: SPX only 943.64, can't get over that 944 level
(2:16 PM) hibuck2: QQQQ new high
(2:18 PM) JR Roden: 944 gave way to new highs.
(2:18 PM) JR Roden: Still lots of negative divergences, but that does not seem to matter much right now.
(2:20 PM) hibuck2: $COMPX new high 1866.42
(2:29 PM) hibuck2: $SPX hih of the month 951.69
(2:33 PM) hibuck2: $DJI HIGH of The Month 8839.40
(2:35 PM) eman11: The strength is incredible.
(2:36 PM) eman11: I hope we don't get stopped out of QID today
(2:37 PM) ajayvee: that would be ugly eman
(2:39 PM) ajayvee: but, Naz A/D Volume is greater than +4:1
(2:40 PM) hibuck2: NYSE A/D +1076
(2:45 PM) ajayvee: we need our own PPT - pillage and plunder team
(2:47 PM) desertone: It's more like MMT out the Market Manipulation Team.....
(2:48 PM) hibuck2: back in BGZ @ 33.10
(2:51 PM) JR Roden: NDX right back down to uptrend line that has been support all day long.
(2:54 PM) hibuck2: will thet take it down @3:10
(2:54 PM) JR Roden: 944 might not hold
(2:55 PM) JR Roden: Hibuck - sometime you have to teach me how you know those time details.
(2:56 PM) hibuck2: NYSE A/D +807
(2:56 PM) hibuck2: $PCRCO .83
(2:56 PM) hibuck2: $TRIN 1.25 $TRIQE .48
(2:57 PM) hibuck2: time dtails ?
(2:58 PM) hibuck2: u mean what time the buying or selling starts
(3:00 PM) JR Roden: yes - what time the buying and selling starts.
(3:02 PM) hibuck2: allways it seams little afte 3:00 pm
(3:03 PM) JR Roden: You're right, the crazy buying spree started yesterday at 3:10.
(3:04 PM) hibuck2: yea I hope it throw everything out the window today
(3:05 PM) JR Roden: Interesting that we broke down through that uptrend line on teh NDX 5 min chart, went back up and tested it from below and then it headed back down again.
(3:06 PM) hibuck2: if we dont sell off this is one strong market
(3:11 PM) hibuck2: 3:11
(3:12 PM) JR Roden: I am not worthy
(3:12 PM) JR Roden: Good call HB
(3:13 PM) hibuck2: we will see still in
(3:16 PM) hibuck2: movg stop to break even in BGZ
(3:19 PM) hibuck2: stop out
(3:33 PM) ajayvee: prognosis anyone? close above or below 944/1500?
(3:34 PM) redTest: we need to breakdown through this 942 area
(3:35 PM) JR Roden: It sure looks like the big boys want this to close above 944 even though the market is crying to sell off
(3:35 PM) hibuck2: pretty strong
(3:43 PM) redTest: boy a sell off in the last 15 here would be nice..
(3:44 PM) ajayvee: nice but different than the norm.
(3:45 PM) redTest: nasdaq leading is good for bulls, big difference between them dow barely up, spx + .57% and naz + 1.2%
(3:46 PM) Fulkdaddy: A/D line +829
(3:46 PM) Fulkdaddy: Lowry's buying pressure is decreasing...bearish
(3:47 PM) Fulkdaddy: Die bulls!
(3:47 PM) JR Roden: Let's see 1500 give way again.
(3:47 PM) JR Roden: And 940 while we're at it.
(3:48 PM) nimesh_: what is current stop on qd?
(3:48 PM) ajayvee: 30.58
(3:49 PM) redTest: I will be the John Madden of trading... we need to get through 942 before we can get to 940
(3:49 PM) ajayvee:
(3:49 PM) nimesh_: lol
redliontrader: QID Stop currently at 30.58
(3:50 PM) Fulkdaddy: Good..RedTest!
(3:51 PM) JR Roden: Can you go over that a little slower for me
(3:53 PM) hibuck2: any thoughts for tomorrowwww
(3:56 PM) ajayvee: another day, another dollar, I make or give back.
(3:56 PM) JR Roden: Watch this bounce up to 944 for the close
(3:56 PM) desertone: Night everyone !! This mkt is zzzzzzz
(3:57 PM) steve_45_4: well hope everything went well with Prisha today
redliontrader: 100% Short Traders in QID - Stops @ 30.58
(4:01 PM) JR Roden: Good call Steve ... that is what is truly important
(4:01 PM) redTest: we couldn't quite break that 942...
(4:02 PM) JR Roden: I was really surprised to see it sell off at all, I thought for sure they wanted to hold 944.
(4:02 PM) Fulkdaddy: 944-945 seems to be a line in the sand...but the more the bulls push on it the more likely they will bust through to the upside.
(4:02 PM) Fulkdaddy: JR, I agree
(4:03 PM) ajayvee: NDX captured 1500
(4:03 PM) eman11: NQ closed at 1500 on the nose
(4:04 PM) eman11: NAZ got sold off a lot harder then the other indicies at the EOD
(4:04 PM) JR Roden: Usually we get a big sell-off on Wed or Thursday pre OpX, it sure seems set up for that now.
(4:04 PM) eman11: That would be nice.
(4:59 PM) Alert: Your chance to talk to Jeff the Homeless Guy (and tell us if he needs a show of his own) NOW on News Talk Online in the Radio/TV Section [Free Video]
(5:16 PM) hibuck2: well well the futures are down a pinch
(5:27 PM) Alert: Your chance to talk to Jeff the Homeless Guy (and tell us if he needs a show of his own) NOW on News Talk Online in the Radio/TV Section [Free Video]
(5:42 PM) Alert: ====SECURITY BULLETIN!=======
Clicking on a link to any site that offers
-To give you a blue nickname for free,
-To give you the ability to be invisible or,
-To help you manipulate the Paltalk software,
violates Paltalk's Terms of Service AND/OR is a hacking site whose intention is to steal your nickname, password and/or credit card information.
Remember, if you want Paltalk software or you want to LOG-IN to Paltalk, be safe and go to www.paltalk.com
redliontrader: 6:50 pm @ES 938
redliontrader: 7:30 pm 937.75 @es
(8:42 PM) jwanro_nl:
(8:42 PM) jwanro_nl:
(8:42 PM) stevefl_64: die you arab dog
(8:43 PM) jwanro_nl: na3m
(8:43 PM) jwanro_nl: hi al room
(8:43 PM) jwanro_nl:
(8:45 PM) stevefl_64: where is Thomas when we need him
(8:45 PM) jwanro_nl: i dont now
(8:45 PM) jwanro_nl: going in wc
(8:45 PM) jwanro_nl:
(10:03 PM) ajayvee: anybody hear from tom how things went with prisha today? everything ok?
(1:29 AM) Alert: ====SECURITY BULLETIN!=======
Using utilites from third parties such as button holders, remote typers, etc ... are at risk of having their passwords stolen!
Many of these utilities contain trojans that report your nickname and password to the program's creator. We encourage everyone to change their password reguarly, and to uncheck the save password checkbox on the login screen.
If you do this, you will have to enter your password every time you log in, but it is a small price to pay to keep your account and password protected.
(6:28 AM) tomthetrader: 1.5 -2% Gap up ...hurts
(6:56 AM) tomthetrader: be back at 2pmest
(7:40 AM) ajayvee: oh man, is this gonna hurt...ugly, ugly
(7:40 AM) ajayvee: can't really say "good morning"
redliontrader: gm
(8:16 AM) ajayvee: g'morning red
redliontrader: I have us close to our stops on QID.. Stops at 30.58, Current price @ 30.84
(8:32 AM) ajayvee: any thoughts about a sell signal on a gap up this morning?
(8:51 AM) billbTN: paltalk check-can you hear me now?
(8:51 AM) billbTN: anyone?
(8:53 AM) les13436: GM Bill
(8:53 AM) ajayvee: yes
(8:55 AM) hibuck2: $TNX 39.06 3.90
redliontrader: (6:28 AM) tomthetrader: 1.5 -2% Gap up ...hurts
(6:56 AM) tomthetrader: be back at 2pmest
(8:57 AM) Alert: Your last text messsage was not sent because it contained line feed characters or excess spaces.
redliontrader: (6:28 AM) tomthetrader: 1.5 -2% Gap up ...hurts
(6:56 AM) tomthetrader: be back at 2pmest
(8:57 AM) Alert: Your last text messsage was not sent because it contained line feed characters or excess spaces.
redliontrader: (6:28 AM) tomthetrader: 1.5 -2% Gap up ...hurts... (6:56 AM) tomthetrader: be back at 2pmest
redliontrader: GM.. TOM will be back at 2pm today
(9:16 AM) Alert: ====SECURITY BULLETIN!=======
Paltalk will never send emails with attachments! NEVER open any attachemnts unless you are absolutely sure they are free of viruses and trojans! DONT BE FOOLED by fake 'support' letters or surveys that claim to be from PalTalk! PalTalk will NEVER request personal informaion in an email unless YOU contact us with a problem with your account first. Always check the header of any email that claims it is coming from PalTalk.
(9:16 AM) ajayvee:
redliontrader: We are close to stopping out on our Traders Short position.. Stops currently at 30.58 and price trading premarket at 30.92 here
redliontrader: we have a potential 10 point gap up here at the open on the SPX cash.. we need to watch the A/D lines.. They will open in the 45 to 90 area on the A/D race indicator
redliontrader: Y'day the N100 A/D foretold the direction.. Today we hope for weakness
redliontrader: If the Dow and the R2000 show strength and the N100 follows we could be in for a trend up day..
(9:24 AM) hibuck2: Peter on CNBC sell into this rally
(9:29 AM) tonybahu: anyone going short here?
(9:30 AM) JR Roden: gm alll
(9:36 AM) ajayvee: gee, maybe we won't be stopped out
redliontrader: 947 spx y'day high...
(9:48 AM) ajayvee: QID green
(9:49 AM) hibuck2: trader Vic Rule ?
(9:51 AM) thomas_Poland: no way
(9:52 AM) JR Roden: So TP what's your thoughts on the day?
(9:52 AM) thomas_Poland: both direction strong moves
(9:53 AM) JR Roden: Thx
(9:56 AM) hibuck2: Thomas is that no way to trader Vic
redliontrader: This is where we miss tom.. I am tightening my stops on QID to 31.32 just below y'day close
redliontrader: we need to see the dow join the weakness party..
(10:01 AM) hibuck2: $PCRCO .75
(10:01 AM) hibuck2: $TNX 38.80 3.88
(10:01 AM) hibuck2: $TRIN .50
(10:01 AM) hibuck2: $TRIQE .83
(10:02 AM) hibuck2: NYSE A/D +617
(10:02 AM) ajayvee: RUT A/D -488 Vol -1.3:1
(10:02 AM) ajayvee: Naz A/D -460 Vol -1.6:1
(10:04 AM) JR Roden: Back under 944
(10:04 AM) tcb66: Dow and S&P positive while RUT down 1%.....won't stay that way for long
redliontrader: 942.43 spx closes the gap
redliontrader: 941.83 is SPX pivot point today
(10:07 AM) tcb66: Outside reversal day if we close at the lows....could be our top if on volume
redliontrader: Offcial stops at 30.64 on QID 4% trailing
redliontrader: we are right back to where we were y'day.. Congrats to anyone who shorted that open
(10:12 AM) ajayvee: didn't have the kahoonas, but congrats those who did
(10:14 AM) ajayvee: just need the Dow and NYA to get with the downtrend and we'll have a party
(10:14 AM) thomas_Poland: I shorted 10:05
(10:14 AM) thomas_Poland:
(10:14 AM) thomas_Poland: amateur
(10:15 AM) tcb66: RUT breaking the neckline of a H&S top
(10:16 AM) JR Roden: I often take a flyer and short a big gap up like today's, but TODAY I decided to wait for a double top ... which never came. So I got short at 10:03.
(10:21 AM) thomas_Poland: nice JR
(10:25 AM) hibuck2: NYSE A/D -156
(10:25 AM) hibuck2: $PCRCO .76
(10:25 AM) hibuck2: $TRIN .58 $TRIQE 1.06
(10:26 AM) hibuck2: $TNX 38.94 3.94
(10:35 AM) billbTN: i'm short from 953
(10:37 AM) thomas_Poland: from globex ?
(10:37 AM) billbTN: y
(10:38 AM) billbTN: was at 957 this am- i got in at 953
(10:38 AM) thomas_Poland: nice
(10:39 AM) billbTN: ty
redliontrader: Our average price in traders on QID is 32.07
(10:52 AM) ajayvee: so wwtd? what would tom do?
redliontrader: I think Tom would sell 20% right in here
(10:57 AM) ajayvee: oh good, maybe I did learn something
redliontrader: an tighten stops
(11:01 AM) billbTN: i'm out of my shorts at 940. I'll go long at 942
(11:01 AM) billbTN: if this is the turnaround, that is
redliontrader: I have put a 1% trailing stop on the QID chart on Live Charts. Currently at 31.76
(11:06 AM) Freezinalberta: took 10% off qid at 32.00 Don't mind cashing in a little
(11:15 AM) ajayvee: Naz A/D -870 Vol -2.3:1
(11:15 AM) ajayvee: RUT A/D -960 Vol -2.1:1
(11:16 AM) ajayvee: NYSE A/D -537 Vol -1.2:1
redliontrader: Y freeze.. I took some too
redliontrader: 936.7x S1 pivot support
redliontrader: 940 spx held.. that is good for now
redliontrader: the market has been getting stronger since 11:20.. it is going to retest this 940
(12:08 PM) Freezinalberta: My stop hit at 31.94 anyone else? High was 32.26
redliontrader: Freeze.. official TTT stops are at 4% 30.97... I put the 1% on the charts because I think if time was here making calls that is what he would do.. but Tom did not change the stops.. Personally I am waiting to see what happens here at 940.. another failure/stop we could go south again
(12:17 PM) Freezinalberta: May re-enter if 936 is broken or if we go up to 945. Interesting to see Tom's comments also
(12:17 PM) Freezinalberta: Still making $ is better than no $
redliontrader: Y freeze.. good trading..
(12:54 PM) arujunaa: bond update: 10yr auction at 1pm. i think there will be better demand for the 30yr tomorrow. between now & then, i am hoping for a selloff towards 112.00 on tyu & 111.50 on usu. i am 25% long tym after taking profits on yesterday's rally, and will look to aggressively add around these levels.
(12:55 PM) arujunaa: i also e-mailed a chart showing the rel. cheapness of tlt vs spx
(1:02 PM) arujunaa: 4bp tail
(1:14 PM) Alert: Breaking News: D.C. Police Investigate Gunshots Outside U.S. Holocaust Museum
redliontrader: QID 4% trailing stops at 31.05
redliontrader: Still at the hospital ...should try to sell some here at 2:00pm 20%
redliontrader: message from tom..
redliontrader: if anyone is selling could you post your prices?
redliontrader: 2pm beige book is out .. could move the markets..
(2:01 PM) stevefl_64: 32.35
(2:01 PM) stevefl_64: sold some
redliontrader: 32.37
redliontrader: Traders 80% short with QID - Trailing 4% Stops
(2:12 PM) Nancy salama: Programs to Make cash Money $$ Online now >> www.dollar44.tk
(2:18 PM) Fulkdaddy: I have been out all day...
(2:19 PM) Fulkdaddy: Aruj, 10 year a good buy here or wait for tomorrow's auction?
redliontrader: you missed the anxiety part then... we sold 20% qid at 2pm 32.37
(2:20 PM) Fulkdaddy: so what % short is traders, Red?
redliontrader: redliontrader: Traders 80% short with QID - Trailing 4% Stops
(2:20 PM) Fulkdaddy: thanks
(2:22 PM) arujunaa: i'm 25% long but waiting for 112.00/112.3125 to go max long on tyu. also, watch 111.375/111.50 on usu for tlt. i believe we are going to see a good bond rally over the coming weeks. so it depends on how cute you want to be.
(2:25 PM) dhmohan1963: tyu,usu ?
(2:28 PM) arujunaa: tyu9 is the sep 10yr future; usu9 is the sep 30yr future
(2:33 PM) dhmohan1963: thx
(2:43 PM) Fulkdaddy: thanks, Aruj...
(2:44 PM) Fulkdaddy: we broke the June, 2008 lows of 88.59 on TLT....should take out most of the stops...now it appears we can go higher in TLT
(2:44 PM) Fulkdaddy: Then just keep at stop at today's lows of 87.5
(2:46 PM) arujunaa: no idea about tlt's chart. that's for you stock guys!
(2:55 PM) ajayvee: a little early for the ppt to come in
redliontrader: QID Trailng stop @ 31.17
(3:05 PM) billbTN: i'm short es for the second time at 936
redliontrader: that good.. I think we go lower on the close.. but the 3-4pm hour still bites me
(3:06 PM) ajayvee: it bites us all red
(3:07 PM) billbTN: we don't need no stinkin PPT
redliontrader: ... lol.. 928 close?
(3:33 PM) ajayvee: FYI, got this from my broker - Please note that Equity Indices products; TF, ES, NQ, EMD and YM roll on Thursday the 11th at 8:30 am Chicago time from the June 09 contract to the September 09 contract. The month code for September is 'U'.
redliontrader: From TOm.. Take off another 30% from here to close
redliontrader: got 50% short in traders a close
redliontrader: Close 50% Short in Traders
(3:45 PM) Freezinalberta: will we be all cash at close?
(3:46 PM) Fulkdaddy: Freezin, I read it as, we will be 50% short at close
(3:47 PM) stevefl_64: agree with 50% short at close
(3:47 PM) Freezinalberta: thanks guys
redliontrader: yes, sorry 50% at close
redliontrader: still in traders
(3:49 PM) Freezinalberta: thanks red you are doing an awesome job
redliontrader: thanks frz.. Tom is stuck today at the hospital waiting for the wheels to turn.. All should be back to normal tomorrow
(4:00 PM) ajayvee: I haven't seen a normal market in months
redliontrader: The day sure turned out better than I thought at premarket
redliontrader: we are 50% short in Traders, trailing 4% stops now at 31.17
(4:16 PM) ajayvee: boy, we really missed that 928 close!
redliontrader: just a little..
redliontrader: that good.. I think we go lower on the close.. but the 3-4pm hour still bites me
redliontrader: ouch..
