(8:14 AM) Alert: This is a G rated room intended for a General Audience including minors. Offensive language is not permitted.
(8:14 AM) Alert: Hi , Welcome to TTT
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(8:16 AM) Alert: Hi , Welcome to TTT
redliontrader: GM
(8:17 AM) stevefl_64: gm Red
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(8:21 AM) westy322: gm all
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(8:43 AM) redTest: you have to love it.. have my heads down in the charts deciding how to trade this gap up open..
(8:44 AM) ajayvee: nice fall from that claims number pop
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(9:12 AM) Fulkdaddy: 920-922 is proving to be pretty strong support. 950-960 resistance
(9:13 AM) Fulkdaddy: Art Cashin mentioned this morning, the end of the quarter is coming and money managers are being forced to "hold their nose" and buy at prices they think are too high
(9:13 AM) Fulkdaddy: He said if we get through 960, then 1000 and probably 1050 are a given
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redliontrader: GM.. Unfortunately another day without tom and the mike this morning.. All is well just a 1 day extended stay for caution
redliontrader: This morning we are going to add to our shorts with BGZ in case of a gap open of .15-.25%
redliontrader: I don't think we will get that.. the Live charts has an SPX chart up with the target gap highlighted
redliontrader: We are 50% short in Traders.. Tom would like to divest of the TLT today in Main
redliontrader: If all runs well Tom will back behind the screens at 2pm today
(9:20 AM) desertone: Good Morning everyone !
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(9:21 AM) thomas_Poland: you can always count on idiots
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(9:22 AM) redTest: Terminated_ 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
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(9:22 AM) desertone: Where is the music coming from
(9:22 AM) redTest: terminated terminated!
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(9:22 AM) desertone: I muted it
(9:23 AM) desertone: Tnks!
redliontrader: If there are any questions please let me know..
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(9:24 AM) desertone: Pls post the address for the new website TIA
(9:24 AM) Freezinalberta: are we just going to hang tough on our shorts or sell on the gap down and repurchase if/when market rises?
(9:24 AM) redTest: http://pv.ttthedge.com
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redliontrader: We are trailing the shorts at 4%
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(9:27 AM) Freezinalberta: 31.17?
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redliontrader: Y Freeze.. Stops on QID at 31.17
(9:31 AM) Fulkdaddy: BKX up on lots of upgrades
redliontrader: OK so it looks like we did make it to the target range.. so we should add 10% BGZ in Main and Traders on this open during the next 15 minutes.. try an get best prices
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(9:38 AM) rekon8: filled @ 33
(9:38 AM) eman11: 33.08
(9:39 AM) JR Roden: Sorry, I lost my connection. What did we get filled on?
redliontrader: OK so it looks like we did make it to the target range.. so we should add 10% BGZ in Main and Traders on this open during the next 15 minutes.. try an get best prices
redliontrader: i filled at 33.08
(9:44 AM) ajayvee: BGZ?
redliontrader: yes aj bgz 10% Main and Traders
(9:46 AM) JR Roden: tkx
(9:47 AM) stevefl_64: stopped on QID here
(9:47 AM) ajayvee: anybody see Mark Haines and Barney Franks get into a cat fight on cnbc air?
(9:48 AM) Freezinalberta: stopped out QID filled BGZ at 32.90
(9:48 AM) Fulkdaddy: no
redliontrader: QID Stopped 31.17
(9:51 AM) Fulkdaddy: Thomas, Trader Vic gap rule in effect here...the market did not reverse in the 1st 10-15 minutes to fill the gap...so we should continue higer...is this how you read it?
(9:53 AM) desertone: I enjoyed every second seeing BF be put in his place and not use his tantrums to scare others from their convictions
(9:53 AM) desertone: In BGZ @ 32.60
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(9:56 AM) erndog9: good morning
(9:56 AM) erndog9: selling into this rally?
(9:56 AM) redTest: $ndx trying to break out of this consolidation range... 1510ish
(9:57 AM) redTest: erndog.. we are going 10% short in traders and main on this gap opening
(9:57 AM) erndog9: Thanks Red. saw that in Tom's email's this morning but wanted to check to be sure the plan hadn't changed
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(10:09 AM) ajayvee: BKX continues to make new highs
(10:09 AM) Fulkdaddy: Here we are back almost to 950
(10:13 AM) Fulkdaddy: JJC, the Copper ETF also continues to surge...Dennis Gartman has said Copper has a PHD in economics
(10:16 AM) desertone: AJ what is BKX?
(10:16 AM) desertone: Do I need to place $ symbol b4
(10:16 AM) ajayvee: Bank Index
(10:17 AM) ajayvee: $BKX in tradestation
(10:17 AM) desertone: ok tnks
(10:17 AM) Fulkdaddy: $BKX is what I use at Scottrade and TOS
(10:17 AM) desertone: tnks!
redliontrader: $ndx breaking out
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(10:18 AM) thomas_Poland: amazing
(10:18 AM) thomas_Poland: till march we could not wait to see some up move ... and now we cannot correct few percent??
(10:19 AM) ajayvee: no we cannot, bull, bull, bull (sheet)
(10:24 AM) redTest: sell program
(10:24 AM) JR Roden: Interesting double top on the NDX 5 min chart this AM
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(10:35 AM) JR Roden: NDX is breaking through uptrend line since yesterday afternoon.
(10:35 AM) JR Roden: Now it's right at 13 EMA on 5 min chart
(10:39 AM) dhmohan1963: red we still have TLT or we have changed
(10:40 AM) redTest: y we still have TLT sell today...
(10:41 AM) dhmohan1963: any price or time to sell
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(10:42 AM) Fulkdaddy: Ken Lewis just basically admitted he was pressured to buy Merrill Lynch
redliontrader: TLT selling average daily price.. which right now doing a rough calc is 88.03
(10:44 AM) Fulkdaddy: Aruj, we almost hit your 112/112.31 area to buy the 30 year (TLT for us non-bond traders)...
(10:45 AM) Fulkdaddy: so should we be getting out of TLT if Aruj is about to go max long??
(10:46 AM) dhmohan1963: that is what i understood from yesterday
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(10:53 AM) arujunaa: actually, for tlt, watch usu9: 111.375/112.375. yes we have traded in there. i am waiting for the 1pm 30yr auction and will have a clearer idea post auction. i am 25% long waiting for 1 more flush down. but the market is hanging in there
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(10:57 AM) Fulkdaddy: thanks, Aruj!
(10:58 AM) Fulkdaddy: I have not added any longs yet but am ready to add after the 1:00 pm auction...what time does it end so we will know how it went? I have a 2:00 pm trading window I have to meet or wait until 11:00 am tomorrow to add TLT
(11:00 AM) arujunaa: it should be out at 1:02pm!!!
(11:01 AM) Fulkdaddy: sweet!
(11:01 AM) arujunaa: but i want to see the price action for the 15-30 mins after
(11:01 AM) Fulkdaddy: ahh...to see the markets reaction to the auction...smart!
(11:02 AM) Fulkdaddy: We at TTT are very lucky to have Aruj (Professional bond trader) in the room...
(11:03 AM) arujunaa: looking at the overnight price action, it looks as though we spiked down to 111.625 after retail sales. but not high volume. i'm not sure if that is enough to satisfy my target. that is why i am waiting. 4.07/11% on cash 10s.
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(11:07 AM) Alert: John DeVore, columnist for TheFishy.com is the guest on the Diana Falzone show in the Radio/TV Section NOW [Free Video]
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redliontrader: NYSE is at /near it's HOD, ndx still .31% down from HOD, RuT -.44% price action wise rut is the weakest, nyse ($NYA.X) attempting to take leadership
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(11:55 AM) Fulkdaddy: This market keeps bumping up against 950...if it hits it enough, it is bound to break through...
(11:57 AM) redTest: y fulk.. it is interesting that it is doing it with a weaker and weaker a/d line
(11:57 AM) redTest: NYSE at HOD
(11:58 AM) redTest: rut and ndx still more than .5% back
(11:58 AM) redTest: from HOD
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(12:00 PM) ajayvee: A/D volume across the board still better than +2:1, but weakening
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(12:09 PM) DE_TTT: European Markets Closing Prices: FTSE: 4472.1 +35.4 +0.8%, DAX: 5110.2 +59.0 +1.2%, CAC: 3334.9 +19.7 +0.6%
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(12:22 PM) redTest: added short NY to my account
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(12:46 PM) tomthetrader: 12:45pm TTT Back online Mission accomplished here
(12:46 PM) tomthetrader: Market looking pretty good ...doing nothing wrong for a Speculative Bull ?
redliontrader: yeah.............
(12:46 PM) tomthetrader: Hope you all Are well too
(12:47 PM) azags: welcome back. Did you have to pay ransom to get Prisha released?
(12:47 PM) tomthetrader: Never realized how bad hospitals really are ....
(12:47 PM) stevefl_64: bless you and Prisha. must ahve been an ordeal
(12:47 PM) stevefl_64: have
(12:47 PM) Freezinalberta: glad to see you are back
(12:47 PM) tomthetrader: Yes ...Zags you have to start a new profession..Dr.s are not on my #1 list here
(12:47 PM) Freezinalberta: thanks for the coverage red
(12:47 PM) tomthetrader: They don't like my schedule ...they like their own
(12:48 PM) tomthetrader: and they do not like me very well
(12:48 PM) JR Roden: Good to have you back
(12:48 PM) JR Roden: Even the market seems happy to have you back.
(12:48 PM) eman11: Glad to hear prisha's back home
(12:49 PM) tomthetrader: It is a welcome + as the hospital is much worse than the markets
(12:49 PM) tomthetrader: Much worse ...as crazy as they are ..I will take the Markets for 20 more years and NO HOSPITALS
(12:49 PM) azags: short hospitals go long the market
(12:49 PM) tomthetrader: slept about 2 hours in 72
(12:49 PM) tomthetrader: But with trading we do that to ...but on our terms !
(12:50 PM) tomthetrader: Yes short Hospitals
(12:50 PM) tomthetrader: OK what is this market doing here ...we are in a frothy Bull run but can't close above 950 SPX ?
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(12:51 PM) thomas_Poland: y
(12:51 PM) eman11: y
(12:51 PM) azags: good
(12:51 PM) billbTN: good
(12:51 PM) tomthetrader: Thanks
(12:51 PM) Freezinalberta: clear
(12:51 PM) redTest: y
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redliontrader: We are 10% short in Traders, 10% Short in Main BGZ
redliontrader: y
redliontrader: ndx hit 1510 then backed off
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redliontrader: 1500 now
redliontrader: NYSe at HOD
(12:54 PM) redTest: to got knocked out of the room!
(12:54 PM) redTest: tom
(12:54 PM) redTest: was it just me.. you all heard him too didn't you?.. he was here?
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(12:57 PM) Freezinalberta: still there?
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(12:57 PM) tomthetrader: Sorry ...got bumped off as a welcome back from Paltalk !
(12:57 PM) Freezinalberta: short paltalk
(12:58 PM) tomthetrader: It will probably treat me pretty bad since I have been away !
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(12:58 PM) tomthetrader: OK sorry I missed all comment s
(12:59 PM) redTest: i started to panic... thought your return might have been a mirage...
(1:00 PM) tomthetrader: I am like abad cold now
(1:00 PM) tomthetrader: you won't be able to get rid of me
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(1:03 PM) JR Roden: So what do you make of this big run up over 950?
(1:03 PM) arujunaa: strong auction. i'm not chasing it
(1:04 PM) tomthetrader: very speculative...very hard to stop ...much like 1999
(1:04 PM) JR Roden: NDX still not up to highs of day yet.
(1:04 PM) arujunaa: sold my long at 114.125. now flat
(1:04 PM) tomthetrader: but still needs a close ....a close above 944
(1:05 PM) tomthetrader: thanks aruj...we finally hit 4.00 .....
(1:05 PM) tomthetrader: thought it would take a year and it took 4 months ....
(1:05 PM) nimesh_: tnx falling
(1:06 PM) desertone: Welcome back Tom
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(1:08 PM) Pete45: oh I see Tom is back -Welcome
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(1:08 PM) redTest: tom, there was some discussion about your call to sell TLT today... if you could reivew when you are set up
(1:10 PM) Pete45: Finally...Dell is planning on significant size acquisition
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(1:12 PM) azags: Tom what is your opinion on dug which is collapsing today? Too early to jump back in
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(1:13 PM) tomthetrader: market very speculaie but breakibg out
(1:14 PM) tcb66: Aruj - Do you think this signals the intermediate term bottom for bonds?
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(1:15 PM) tomthetrader: Bubbles bursting everywhere
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(1:15 PM) thomas_Poland: die bulls
(1:15 PM) thomas_Poland: just die
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(1:15 PM) thomas_Poland: and keep your heads low
(1:16 PM) tomthetrader: Die Bulls ...wow...they have the strength here to finally close at new rally highs ...Or will they retreat at the last moments ?
(1:17 PM) arujunaa: let's see where we close tcb, but my guess is yes.
(1:17 PM) thomas_Poland: yes ...
(1:17 PM) Fulkdaddy: Tom, good to have you back
(1:17 PM) thomas_Poland: I am just trying to make them think about what they are doing
(1:17 PM) thomas_Poland:
(1:17 PM) thomas_Poland: I am like Atilla
(1:17 PM) Fulkdaddy: tcb, Aruj?
(1:17 PM) tomthetrader: Thank you so much...I really have missed it ...we need to get back in the groove
(1:18 PM) thomas_Poland: market goes higher .. and I say no no .. you are stupid bulls ... oops .. markets goes even higher and I say no you stupid bulls
(1:18 PM) tomthetrader: I don't like missing a game or two as we get OFFBALANCE
(1:18 PM) thomas_Poland: you are wrong
(1:18 PM) thomas_Poland: don't you see this life time xtrend line sticking out of my a... ???
(1:18 PM) tomthetrader: Bottom lie very speculative BULLmarket IFwe can close over Rally Highs
(1:18 PM) thomas_Poland: aRe you nuts bulls??
(1:19 PM) Fulkdaddy: Feels like a trend day
(1:19 PM) tomthetrader: We seem to love our BUBBLES
(1:19 PM) thomas_Poland: come one .. how come Carl Futia is right all this ??
(1:19 PM) thomas_Poland: come one .. have to be something wrong with this marke
(1:19 PM) thomas_Poland: market
(1:19 PM) arujunaa: we're up against resistance dave. i want to see how we close
(1:20 PM) thomas_Poland: I am going to buy few beers and feel like joe six pack todday
(1:20 PM) tomthetrader: Agree
(1:20 PM) tomthetrader: Call buyers are the CHAMPIONS
(1:20 PM) thomas_Poland: well .. let's face it .. I am six pack every day
(1:20 PM) Fulkdaddy: My Paltalk went down...looks like the auction went very well according to Santelli
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(1:20 PM) Fulkdaddy: TLT rallying
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(1:21 PM) tomthetrader: OK
(1:21 PM) tomthetrader: So we seem to be Over bougth above resistance now into 1:56 Hedge fund hour ...will they sell it ?
(1:22 PM) arujunaa: it tailed 1bp which is a win. i'm a little suspicious of this much strength on a day when the $ is so weak but who knows. i am a trader and so i am sensitive to levels, but my broad thinking now is that bonds should do well over next 2 months
(1:23 PM) tomthetrader: So all auctions have gone well which seems to give the US confidence the world is behind it's debt problems ...no matter what !
(1:24 PM) arujunaa: i think it is more a belief that stocks have priced in greenshoots and then some. time for a reversal in both markets.....as long as the ppt stops propping up stocks
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(1:27 PM) JR Roden: David Nichols is forecasting a quick run-up to 1040 or 1060 on the SPX
(1:27 PM) JR Roden: After that he says all bets are off.
(1:28 PM) tomthetrader: we talked about Asset Allocation programs which have been dumping bonds and buying stocks much like the late 90's
(1:28 PM) tomthetrader: I see this as sorta like that here
(1:28 PM) desertone: McHugh says the same SPX 1050
(1:28 PM) tomthetrader: I see NO WAY WE CLOSE much above here
(1:28 PM) tomthetrader: I can't understand McHugh ...0 for me
(1:28 PM) desertone: Not today ofc
(1:29 PM) tomthetrader: McHugh is like my Lawyer friends
(1:29 PM) desertone: U R not the only one....
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(1:29 PM) tomthetrader: They talk out of both sides of their mouth and say nothing
(1:29 PM) desertone: So R We all in cash?
(1:30 PM) desertone: Buy here QID and or BGZ?
(1:30 PM) desertone: Or sit on hands?
(1:30 PM) azags: I bought qld today at 39.15 to offset my shorts and am selling it right now at 39.95
(1:30 PM) stevefl_64: I think we are 10 % short via BGZ
(1:31 PM) desertone: OK tnks I shall add there am underwater
(1:31 PM) desertone: BGZ
(1:31 PM) stevefl_64: am underwater too by about $1
(1:32 PM) stevefl_64: no big deal small position
(1:32 PM) tomthetrader: everyone should be underwater as the markets on the highs and we are only a few hours into a trade
(1:32 PM) tomthetrader: and the QID could have all been sold at a profit
(1:32 PM) tomthetrader: But again ...had poor execution
(1:32 PM) tomthetrader: due to circumstances
(1:33 PM) tomthetrader: but no excuses
(1:33 PM) tomthetrader: this is a strong run today that will get us a SELL signal
(1:34 PM) stevefl_64: dont worry about it. it is only 10% position so actually better if we go up and you get sell signal
(1:35 PM) tomthetrader: Yes....the Entry of our next positions is Key
(1:35 PM) tomthetrader: either today or tomorrow ...we are close to a sell signal but todays close is important
(1:36 PM) tomthetrader: 11-14 indies on a sell
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(1:36 PM) tomthetrader: 944.00 seems a long way down now
(1:36 PM) tomthetrader: lot of professional put buying in TECH
(1:36 PM) tomthetrader: This reminds me of June 2007
(1:37 PM) tomthetrader: when NSM had earnings and the market did a key reversal lower and the uptick rule was dismissed
(1:37 PM) Fulkdaddy: Is professional put buying bullish, Tom or bearish?
(1:38 PM) Fulkdaddy: makes sense...smart money
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(1:43 PM) arujunaa: tom sent you e-mail on bonds
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(1:43 PM) tomthetrader: Thanks ...coming out
(1:46 PM) Fulkdaddy: /ES went right up to the downtrend line from the spike up on 6/5 at 957 to yesterday's spike to today's HOD...
(1:46 PM) Fulkdaddy: If this breaks, we will likely go to 1050
(1:46 PM) Fulkdaddy: Although, so many expect 1050...will it happen?
(1:46 PM) Fulkdaddy: So many, including Art Cashin are saying if we get through here we go to 1050
(1:47 PM) tomthetrader: I am going to add 50% BGZ here to TrADERS
(1:47 PM) tomthetrader: AGAIN WE WILL ADD 50% SHORT HERE IN tRADERS bgz TO GET A BTEER PRICE
(1:47 PM) tomthetrader: My Fill is
(1:48 PM) tomthetrader: 32.00
(1:48 PM) tomthetrader: BGZ
(1:49 PM) tomthetrader: 32.00 50% added to Traders
(1:49 PM) tomthetrader: should now be 60% long the BGZ
(1:50 PM) tomthetrader: Nice timing
(1:50 PM) stevefl_64: it is
(1:50 PM) tomthetrader: Imagine how many got 32.00 ?
(1:50 PM) Fulkdaddy: Tom, if you call another top here...your legend will only grow!
(1:51 PM) *** Market2Watch has joined the room ***
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(1:52 PM) Fulkdaddy: I was thinking trend up day...
(1:52 PM) tomthetrader: Let's s Hope we can just contain it
(1:53 PM) tomthetrader: stop BGZ at 31.75
(1:53 PM) Fulkdaddy: Kass just posted at 1:48: I repeat for emphasis: the quality of the rally is diminishing as it narrows...raise hedges!
(1:53 PM) nimesh_: tom, what percentage correction are u expecting?
(1:53 PM) Fulkdaddy: On exactly the same page as Tom
(1:53 PM) tomthetrader: 3-5%
(1:53 PM) Fulkdaddy: Down day today?
(1:54 PM) tomthetrader: I doubt it..be prepared for one more spectacular run up
(1:54 PM) tomthetrader: from 2:30-3:15pm
(1:54 PM) tomthetrader: where we can get 100% short
(1:55 PM) *** attila_balint has joined the room ***
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(1:58 PM) tomthetrader: Everyone OK ?
(1:58 PM) tomthetrader: 32.12 BGZ
(1:58 PM) tomthetrader: Stop 31.75
(2:00 PM) nimesh_: tnx spiking
(2:01 PM) tomthetrader: TF should have Peaked
(2:01 PM) tomthetrader: Some futures are easy to buy and trade TF short
redliontrader: 60% short Traders via BGZ - Stops set at 31.75
(2:04 PM) Fulkdaddy: hedgies selling here Tom?
(2:04 PM) *** infos2 has left the room ***
(2:04 PM) tomthetrader: I hope so ..they get the same data I get so I know I do not want to hold stocks right now
(2:06 PM) *** nimesh_ has left the room ***
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(2:08 PM) tomthetrader: Maybe there will be some type of blowoff here BUT I keep thinking of NSM ond 2007
(2:08 PM) tomthetrader: and the DRAMATIC reversal we had that really started the BEAR A/D line
(2:09 PM) tomthetrader: We have to take a profit = quick here sold 60% at 33.37
(2:09 PM) tomthetrader: Sold 60% at 33.37
(2:09 PM) tomthetrader: back to cash
(2:09 PM) stevefl_64: u mean 32.37?
(2:09 PM) *** infos2 has joined the room ***
(2:09 PM) tomthetrader: I Bet RED is Happy to see me !
(2:09 PM) tomthetrader: 32.37
(2:09 PM) stevefl_64: ty
(2:10 PM) tomthetrader: 32.37
(2:10 PM) *** infos2 has left the room ***
(2:10 PM) tomthetrader: Filled 32.00 and 32.37
(2:10 PM) tomthetrader: .37 cent profit
(2:10 PM) tomthetrader: we will reenter
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(2:11 PM) tomthetrader: Again we should be 100% cash
(2:11 PM) tomthetrader: in Traders
(2:11 PM) tomthetrader: and ready to reenter
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(2:11 PM) arujunaa: i just bought 25% long usu9 (not tyu9) at 113.375
(2:12 PM) tomthetrader: I am looking for a big rally in the next 29 minutes to be the END OF THIS NONSENSE
(2:12 PM) tomthetrader: Thanks Aruj
(2:12 PM) *** infos2 has joined the room ***
(2:12 PM) Fulkdaddy: thanks, Aruj
redliontrader: we are 10% short in Main BGZ
redliontrader: we are 100% Cash Traders
(2:13 PM) *** infos2 has left the room ***
(2:13 PM) tomthetrader: Bought 32.00 sold 32.37 and will keep as RED noted our 10% short in Main and reenter here
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(2:15 PM) tomthetrader: 31.75 - 32.00
(2:16 PM) tomthetrader: we will look to reenter on a spike
(2:18 PM) tomthetrader: Here we go
(2:18 PM) tomthetrader: some futures guys are shorting Hrd here
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(2:23 PM) tomthetrader: Traders Buy 10% limit 32.00
redliontrader: Limit for 10% BGZ at 32.00
(2:24 PM) tomthetrader: then we will add 50% again at 3:00pm
(2:24 PM) tomthetrader: Thanks RED
(2:25 PM) tomthetrader: QQQRL
(2:25 PM) tomthetrader: JUNE 38.00 ?
(2:25 PM) tomthetrader: anyone want to fill ?
redliontrader: Tom, sorry did I miss you TLT decision?
(2:28 PM) billbTN: I'm long es but will short when it looks like a turnaround-maybe a MOC order today
(2:28 PM) eman11: I would like to fill the June 38 QQQRL
(2:28 PM) tomthetrader: OK .E I am wirth you
(2:28 PM) *** TTTMichael has joined the room ***
(2:28 PM) tomthetrader: I am with you
(2:28 PM) jaxbrown22: filled earlier qqqrl @ 1.08 great to have your confirmation
(2:29 PM) tomthetrader: quote at 2:28pm ?
(2:29 PM) eman11: 1.12-1.14
(2:29 PM) tomthetrader: i GOT 50 HERE
(2:29 PM) tomthetrader: 50 PUTS AT 1.12
(2:30 PM) tomthetrader: 2;28 -2:30PM
(2:30 PM) eman11: bought 20 at 1.12
(2:30 PM) tomthetrader: lET'S FILL bgz MANUALLY HERE
(2:30 PM) tomthetrader: bgz BOUGHT 10% 32.01
(2:32 PM) eman11: In addition to the 10% at 32
redliontrader: Traders 10% Short via BGZ @ 32.01
(2:32 PM) tomthetrader: 32.00 NEVER FILLED DID IT ?
(2:32 PM) tomthetrader: i AM JUST 10% IN bgz MANUALLY
(2:32 PM) eman11: No - so we are keeping the 32 order open still
(2:33 PM) tomthetrader: STOP 31.70
(2:33 PM) tomthetrader: nO TAKE ALL OPEN ORDERS OFF
(2:34 PM) tomthetrader: STOPS MOVED UP TO 32.00
(2:35 PM) tomthetrader: STOPS razor close
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redliontrader: Stops place on BGZ in Traders at 32.00
(2:36 PM) tomthetrader: ADDING 10 % TO mAIN FUND bgz AT 32.15
(2:36 PM) *** Market2Watch has left the room ***
(2:37 PM) tomthetrader: LET'S SEE IF WE CAN GET THIS MARKET TO ROLL MOVE UP STOPS TO bgz 32.10
(2:38 PM) tomthetrader: sTOPS 32.25
(2:38 PM) tomthetrader: tHANK YOU
(2:38 PM) tomthetrader: 32.30
(2:38 PM) tomthetrader: 32.50 SELL
(2:39 PM) tomthetrader: 32.35 STOP
(2:40 PM) tomthetrader: STOPPED 32.40
(2:40 PM) tomthetrader: i GOT STOPPED AT 32.40
(2:40 PM) desertone: stopped @ 32.41
(2:40 PM) tomthetrader: GOOD WORK
(2:40 PM) desertone: flat
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(2:42 PM) tomthetrader: lET ME KNOW
(2:42 PM) bogdan07: bought TLT 2 days ago at $90.00 and holding ,can go only one way UP(my interpretation of daily ,weekly charts)
(2:42 PM) tomthetrader: tHANKS bOG
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redliontrader: 100% Cash Traders, 10% Short Main , 100% Cash IRA
(2:49 PM) *** convexity has joined the room ***
redliontrader: Tom do you want the QQQRL in the new TMM portfolio - TomMadMoney? or in Traders
(2:50 PM) tomthetrader: Red where are the QQQRL puts...in TRADERS OK ?
redliontrader: ok.. in Traders
(2:50 PM) tomthetrader: we have 3 me3mbers in them and we want to add to 100 contracts
(2:51 PM) eman11: 1.18-1.19
(2:52 PM) tomthetrader: good work ...thanks
(2:53 PM) JR Roden: I'm in those puts
(2:53 PM) tomthetrader: Thanks JR
(2:54 PM) JR Roden: Let's see 950 give up as suport here.
(2:55 PM) redTest: filled my QQQRL at 1.15
(2:55 PM) *** DE_TTT has joined the room ***
(2:56 PM) *** DE_TTT has left the room ***
(2:56 PM) tomthetrader: let's buy 10% BGZ at limit 32.20
(2:57 PM) tomthetrader: filled 10% at 32.20
(2:57 PM) tomthetrader: again filled at 32.20 10%
(2:57 PM) tomthetrader: right here
(2:57 PM) tomthetrader: stop 31.75
(2:58 PM) tomthetrader: 32.00 10% limit buy 10% at 32.00 traders
(2:59 PM) *** infos2 has left the room ***
(2:59 PM) tomthetrader: Good job guys....let's get htis close to go our way
(2:59 PM) tomthetrader: 32.00 BGZ we will add 10%
redliontrader: Traders 13% Short via BGZ and QQQRL.X
(3:01 PM) tomthetrader: Thanks RED
(3:01 PM) tomthetrader: if we run up BGZ we will cancel order at 32.00
(3:02 PM) tomthetrader: still stop all BGZ at 31.75 in all accounts
(3:03 PM) tomthetrader: 1.00 stop on QQQRL
(3:03 PM) *** infos2 has joined the room ***
(3:05 PM) nimesh_: goog and appl both red for 4 straight days
(3:06 PM) tomthetrader: Yes...great point and market has gone nowhere /
(3:08 PM) tomthetrader: still have alimit to buy 10% BGZ at 32.00
(3:08 PM) eman11: filled 20 more qqqrl at 1.13
(3:08 PM) tomthetrader: THANKS E
(3:09 PM) thomas_Poland: eman .. he thank you because you are the other side of his trade
(3:09 PM) thomas_Poland: kidding
(3:09 PM) tomthetrader: lol
(3:09 PM) tomthetrader: YOU SEE ALL tHOMAS!
(3:10 PM) tomthetrader: the best of things and the worst !
(3:10 PM) thomas_Poland: yep
(3:10 PM) thomas_Poland: die bulls
(3:12 PM) *** derr11 has left the room ***
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(3:12 PM) tomthetrader: a break of 32.00 BGZ now will be a big boost for Bulls ...we need to hold 32.00 BGZ Guys
(3:13 PM) tomthetrader: raise all BGZ stops to 32.00
(3:13 PM) tomthetrader: OK all BGZ stops to 32.00 EVEN
(3:13 PM) tomthetrader: ALL stops 32.00 BGZ
(3:13 PM) tomthetrader: all accounts
(3:13 PM) tomthetrader: 32.00 is the line in the sand
(3:14 PM) ajayvee: sounds like you don't like what you see?
(3:14 PM) tomthetrader: if they hold it up here AJ ...I think it is THEIR ball game
(3:16 PM) eman11: Are stops the same for -QQQrl
(3:16 PM) Freezinalberta: still 10% limit to buy at 32.00?
(3:16 PM) tomthetrader: no
(3:16 PM) tomthetrader: stops in at 32.00
(3:16 PM) Freezinalberta: txs
(3:16 PM) tomthetrader: no open orders
(3:17 PM) erndog9: mkt internals don't seem to be very strong. naz breadth particularly.
(3:18 PM) tomthetrader: hi ern.....good to see you
(3:18 PM) erndog9: thanks Tom. good to be on for a bit. AUGUST! full time!
redliontrader: Stops in for BGZ all accounts at 32.00 / cancel BGZ limit order at 32.00
(3:19 PM) tomthetrader: AXP breaking down
(3:19 PM) tomthetrader: Puts heavy buying
(3:19 PM) tomthetrader: AXP
(3:22 PM) ajayvee: c'mon breakdown!
(3:25 PM) tomthetrader: ughhhhhhh!
(3:25 PM) tomthetrader: Power...on low low low low volume
(3:25 PM) tomthetrader: but priceis key
(3:25 PM) tomthetrader: PRICE IS KEY
(3:25 PM) tomthetrader: If they can do it
(3:25 PM) tomthetrader: They are in charge
(3:26 PM) tomthetrader: SMART MONEY ..IF THEY CAN BLOWOFF HERE TO A MULTI MONTH HIGH >>>WE ARE WRONG
(3:26 PM) tomthetrader: PRICE IS TRUTH
(3:27 PM) tomthetrader: VOLUME AT A TRICKLE
(3:27 PM) tomthetrader: NO Volume?
(3:28 PM) tomthetrader: OH ..I guess if you throw a Laptop it quits working ?
(3:28 PM) tomthetrader: is everyone stuck on 32.25
(3:28 PM) erndog9:
(3:28 PM) tomthetrader: 32.25 needs to hold
(3:29 PM) tomthetrader: come on baby
(3:29 PM) tomthetrader: come on
(3:30 PM) erndog9: naz breaking down?
(3:30 PM) tomthetrader: stops at 32.25
(3:30 PM) tomthetrader: stops at 32.25
(3:31 PM) tomthetrader: stops up to 32.55
(3:31 PM) tomthetrader: 32.60
(3:31 PM) tomthetrader: 32.70
(3:32 PM) stevefl_64: out at .70 great trade
(3:32 PM) tomthetrader: out
(3:33 PM) Fulkdaddy: Down or up day tomorrow Tom?
(3:33 PM) Fulkdaddy: thanks
(3:33 PM) tomthetrader: spx 945 NEEDS TO CLOSE BELOW
(3:33 PM) tomthetrader: NEED SOME WORK
(3:34 PM) tomthetrader: tHANKS sTEVE on BGZ
(3:34 PM) tomthetrader: Thank you guys ...good work ..lots of patience here
(3:39 PM) tomthetrader: should be shorting in here now
(3:39 PM) tomthetrader: should sell off hard here
(3:39 PM) tomthetrader: 3;40pm
(3:40 PM) tomthetrader: 32.50 bgz....note to self
redliontrader: 3% short in Traders QQQRL/Stops@ 1.00 even, 100% Cash Main, 100% Cash IRA
(3:40 PM) *** DE_TTT has joined the room ***
(3:40 PM) tomthetrader: thank you
(3:40 PM) tomthetrader: again 32.50 bgz
(3:41 PM) tomthetrader: need to watch could go 50 per cent in at 32.50
(3:41 PM) tomthetrader: ok 32.50 50% in
(3:42 PM) tomthetrader: 32.35 stop
(3:43 PM) tomthetrader: filled 32.50 stop 32.50 now BREAK EVEN 50% In BGZ
(3:44 PM) tomthetrader: 32.60 stops up please
(3:45 PM) tomthetrader: keep on with the pressure
(3:45 PM) tomthetrader: stopped out
(3:45 PM) tomthetrader: 32.60
(3:47 PM) *** stevefl_64 has left the room ***
(3:47 PM) *** stevefl_64 has joined the room ***
(3:47 PM) tomthetrader: should sell off hard again
(3:47 PM) tomthetrader: still target 945 spx
(3:47 PM) tomthetrader: got to get it down
(3:48 PM) tomthetrader: again we should sell off hard here
(3:49 PM) tomthetrader: 33.00bgz 4;04pm++++++
(3:49 PM) tomthetrader: let's see ?
(3:49 PM) Fulkdaddy: Die Bulls!
(3:49 PM) eman11: y
(3:49 PM) ajayvee: hear you
(3:49 PM) erndog9: y
(3:49 PM) Fulkdaddy: y
(3:49 PM) tomthetrader: Thank you
(3:50 PM) jaxbrown22: sound ok
(3:50 PM) *** stevefl_64 has left the room ***
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(3:51 PM) tomthetrader: OK ..Let's get BGZ 33.00 ?
(3:51 PM) *** energy2x has joined the room ***
(3:51 PM) *** Freezinalberta has left the room ***
(3:52 PM) *** Freezinalberta has joined the room ***
(3:52 PM) erndog9: 7 minutes. can they push it back up?
(3:53 PM) Freezinalberta: All cash?
(3:54 PM) tomthetrader: yes ....want to reenter but not a 3x ETF
(3:54 PM) tomthetrader: would like to short the SPY with puts
(3:54 PM) tomthetrader: or add to QQQ puts
(3:54 PM) tomthetrader: YES
(3:55 PM) tomthetrader: GOING TO DO IT
(3:55 PM) tomthetrader: going RED
(3:55 PM) tomthetrader: YES
(3:55 PM) tomthetrader: YES
(3:55 PM) tomthetrader: YES
(3:55 PM) tomthetrader: High of afternoon for BGZ
(3:55 PM) tomthetrader: 946 handle
(3:55 PM) tomthetrader: 4 minutes
(3:56 PM) tomthetrader: target 944
(3:56 PM) tomthetrader: YES
(3:56 PM) tomthetrader: ]Aren't you all glad to have me back ?
(3:56 PM) tomthetrader: YES
(3:56 PM) tomthetrader: YES
(3:56 PM) eman11: Yes!!!!
(3:56 PM) tomthetrader: 33.00
redliontrader: Tom stares down the bulls
(3:56 PM) tomthetrader: there is no one in the world who can do this ?
(3:57 PM) erndog9: Dang tootin!
(3:57 PM) tomthetrader: YES
(3:57 PM) tomthetrader: YES
(3:57 PM) tomthetrader: YES
(3:57 PM) tomthetrader: YES
(3:57 PM) tomthetrader: 33.00
(3:57 PM) *** csu30 has left the room ***
(3:57 PM) tomthetrader: keep this CHAT !
(3:57 PM) ajayvee: down tomorrow?
(3:57 PM) Freezinalberta: all right Tom!!!
(3:57 PM) tomthetrader: 944
(3:57 PM) Fulkdaddy: Tom, you are frickin amazing!
(3:57 PM) tomthetrader: YES BIG COLLAPSE tomorrow
(3:57 PM) thomas_Poland: die bulls
(3:57 PM) tomthetrader: DIE BULLS
(3:58 PM) Fulkdaddy: Nobody can call the market like you
(3:58 PM) tomthetrader: 33.10
(3:58 PM) tomthetrader: Thank you Dave
(3:58 PM) Freezinalberta: Last minute buys? or wait till tomorrow?
(3:58 PM) tomthetrader: Cannot finish above 944 our target for 4 months !!!!!
(3:59 PM) Fulkdaddy: Up to 1-2 pm this looked like a trend day higher...what was your tell? Just feel?
(4:01 PM) ajayvee: 944.68?
(4:01 PM) nimesh_: haha cnbc guy said we will close at new high
(4:01 PM) nimesh_: and it failed
(4:01 PM) nimesh_: hilarious
(4:01 PM) tomthetrader: ]NOPE
(4:02 PM) nimesh_: too funny
(4:02 PM) tomthetrader: no new high of rally ...believe it or not we are still RIGHT
(4:02 PM) ajayvee: 944 help support, worrisome?
(4:02 PM) *** infos2 has left the room ***
(4:03 PM) nimesh_: 944.86 is the close?
(4:03 PM) ajayvee: held
(4:04 PM) tomthetrader: lOOK AT bgz
(4:04 PM) tomthetrader: BGZ 33.00 ?
(4:04 PM) Freezinalberta: next few trading days will be very interesting
(4:04 PM) ajayvee: 33, gee i knew that!
(4:04 PM) tomthetrader: yes TOP TOP TOPPY
(4:05 PM) erndog9: /tf tanking continues
(4:05 PM) redTest: certainly a different level of energy in the room when you are here tom!
(4:05 PM) redTest: Great Trading... Great calls..
(4:05 PM) nimesh_: stupid cnbc says multi-month highs for stocks
(4:06 PM) tomthetrader: TF Futures made a bundle today WELCOME BACK
(4:06 PM) tomthetrader: WELCOME BACK
(4:06 PM) nimesh_: luv tf tanking
(4:06 PM) ajayvee: totally different atmosphere when you are here tom!
(4:06 PM) erndog9: Tom, I wasn;t on for long today but picked up almost $200 on the bgz play in a small acct. THANKS
(4:07 PM) tomthetrader: GREAT ERN ...welcome back too
(4:07 PM) tomthetrader: Amazing
(4:07 PM) eman11: .qqqrl is at 1.46-1.47 Wow
(4:07 PM) Fulkdaddy: Tom, your energy today was very high...it seems as though you have been out training...now running a 4 minute mile
(4:07 PM) ajayvee: QID making new highs of day also
(4:07 PM) erndog9: no kidding. thnks.
(4:08 PM) Freezinalberta: Call it a day, have a cold one, get some rest Tom and thanks
