(9:19 AM) Alert: This is a G rated room intended for a General Audience including minors.  Offensive language is not permitted.
 (9:19 AM) Alert: Hi , Welcome to TTT


 (9:20 AM) desertone: GM everyone
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 (9:20 AM) eman11: GM
 (9:20 AM) desertone: BGZ nice for those who held ovnt
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 (9:22 AM) tomthetrader: Yes lots of early morning profits for us
 (9:23 AM) Fulkdaddy: Turn around today Tom for a move through resistance or just selling to re-enter shorts higher?
 (9:24 AM) tomthetrader: I was hoping we would gap down this morning...yesterday got a little hairy and I wanted to leave 10-20% in Main and Traders but we are still workingout the kinks in our sytems and we will take what we get in this CRAZY MARKET
 (9:24 AM) Fulkdaddy: yes, a market driven by government actions and not the normal forces of supply and demand are difficult to navigate
 (9:25 AM) tomthetrader: I want to LOCK IN PROFITS ....I am scared like everyone else that 1) we will miss a leg up 2) miss a leg down
 (9:25 AM) Fulkdaddy: yes
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 (9:25 AM) tomthetrader: so the Tape is the only way I kn ow to get the edge on the trade
 (9:25 AM) Fulkdaddy: Art Cashin said today and the next 5 days are going to tell us what way we are going
 (9:25 AM) Fulkdaddy: You could tell he is leaning bearish
 (9:25 AM) ajayvee: g'mornin
 (9:25 AM) Fulkdaddy: gm
 (9:26 AM) netherbow1: gm
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 (9:32 AM) Fulkdaddy: Kass at 7:35 am: "I am expanding my short book in pre-market trading."
 (9:36 AM) tomthetrader: 1.59 sold 10 Puts
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 (9:37 AM) tomthetrader: 25 at 1.59
 (9:37 AM) tomthetrader: 15 at 1.60
 (9:38 AM) tomthetrader: 1.60 a good fill out of QQQQ puts and we may get some IWM puts in a bit
 (9:38 AM) redTest: i am out at 1.60  somebody got 1.66!
 (9:39 AM) eman11: Out at 1.60-1.61
 (9:39 AM) thomas_Poland: yeah right
 (9:39 AM) Fulkdaddy: BKX is strong
 (9:39 AM) thomas_Poland: 
 (9:39 AM) Fulkdaddy: SOX weak
 (9:39 AM) thomas_Poland: what are options?
 (9:39 AM) thomas_Poland:  
redliontrader: OUT QQQ RL 1.60 - 100% Cash Traders
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 (9:43 AM) tomthetrader: BGU ....you may want to set up a long trade in BGU fro 10:30 am
 (9:44 AM) tomthetrader: as I think we go green sometime today
 (9:44 AM) thomas_Poland: I think long 10:15
 (9:45 AM) thomas_Poland: I think close negative today
 (9:45 AM) thomas_Poland: so any rally above yeseterdays close is short for me
 (9:46 AM) thomas_Poland: problem is Pit is thin and they will do what they want afternoon  
 (9:46 AM) thomas_Poland: they already drinking martini
 (9:46 AM) DE_TTT: Vodka or gin?
redliontrader: 2400$
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redliontrader: YYYYYYYYYYYYYYYYYYYYYYYY
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 (9:48 AM) tomthetrader: Thank you
 (9:48 AM) tomthetrader: many think this is a blowoff top Bull
 (9:49 AM) tomthetrader: end and the downside is near...but II still too high for Bull run too normal for down run
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 (9:50 AM) thomas_Poland: Tom it was bull marke as defined by NDR?
 (9:50 AM) thomas_Poland: market
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 (9:53 AM) Fulkdaddy: BKX down cathcing up on the downside
 (9:54 AM) tomthetrader: 'NDR ?
 (9:54 AM) thomas_Poland: Ned Davvis
 (9:54 AM) thomas_Poland: Davis
 (9:54 AM) tomthetrader: OK
 (9:54 AM) tomthetrader: Yes ..me too ...
 (9:54 AM) thomas_Poland: I am reading in free time Tim Hayes book
 (9:54 AM) thomas_Poland: very good
 (9:54 AM) tomthetrader: but the big question is ...can we now have another Mini Bear ?
 (9:54 AM) thomas_Poland: yes
 (9:55 AM) thomas_Poland: I think we can
 (9:55 AM) tomthetrader: I think we can between now and October
 (9:55 AM) thomas_Poland: but Atilla also found some trend line so I am worried  
 (9:55 AM) tomthetrader: we have all the signs of a top
 (9:57 AM) Fulkdaddy: A/D -1370
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 (9:58 AM) Fulkdaddy: Aruj, bond update? TLT doing well
 (9:58 AM) tomthetrader: Yes
 (9:58 AM) Fulkdaddy: I started a small position
 (9:58 AM) tomthetrader: double dip recession time here
 (9:59 AM) tomthetrader: BGU quotes ?
 (9:59 AM) tomthetrader: anyone wanting to try the long side ...let's see some avg prices now and at 10:30 please
 (9:59 AM) tomthetrader: BGU Thinking of a long
 (10:00 AM) Fulkdaddy: BGU 36.30
 (10:00 AM) tomthetrader: quotes now at /....
 (10:00 AM) tomthetrader: Thank you Dave
 (10:00 AM) tomthetrader: so possible Long at 36.30 area for a day trade...my views are we go lower for several days and weeks
 (10:02 AM) thomas_Poland: support here
 (10:02 AM) thomas_Poland: in ES
 (10:02 AM) thomas_Poland: I hope all trade September not June anymore
 (10:03 AM) Fulkdaddy: Yes big support here on the trend line up on the hourly chart...then 924
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 (10:06 AM) redTest: bgu 36.20
 (10:07 AM) thomas_Poland: I have 10:15 as long possibility but 10:45 as short
 (10:07 AM) stevefl_64: Red or Tom  we are not officially going long on BGu are we? and if yes what %
 (10:07 AM) thomas_Poland: so even though we can rally here it is possible we will selloff half hour later  
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 (10:08 AM) redTest: steve.. just tracking..
 (10:08 AM) redTest: bgu
 (10:09 AM) stevefl_64: ty
 (10:10 AM) tomthetrader: QQQQ puts were a pretty good call...the break in the Q's led by 5 down days in GOOG and AAPL ?
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 (10:11 AM) ajayvee: AMZN and RIMM weak also
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 (10:16 AM) arujunaa: bond update: sold 25% long usu9 at 114.375 (cost 113.375). at resistance here. we could run more but 1 point is enough...
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 (10:17 AM) Fulkdaddy: So just trading Aruj...no longer term holds here
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 (10:17 AM) arujunaa: if i were 100% long, i would have sold 75%
 (10:18 AM) Fulkdaddy: I thought we were looking for a trend change here...still waiting for 4.10%ish?
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 (10:19 AM) Fulkdaddy: Thomas your 10:15 long was perfect1`
 (10:20 AM) arujunaa: we're up against day resistance. and 10s are near 3.75%. 1 point is a huge move in less than 24 hours.
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 (10:21 AM) Fulkdaddy: Aruj, one point is considered from 3.85 to 3.75%?
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 (10:22 AM) arujunaa: no. 113.375 to 114.375 on usu9
 (10:23 AM) Fulkdaddy: ty
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 (10:29 AM) arujunaa: hearing large asset allocation trade out of equities into bonds started yest. seeing follow through today.
 (10:31 AM) Fulkdaddy: ah...good info!
 (10:31 AM) Fulkdaddy: Does this make you want to add back in some positions?
 (10:32 AM) Fulkdaddy: So many are bearish on bonds...contratrend rally time!
 (10:32 AM) tomthetrader: I think they have been flip flopping like the public as Wednesday it was out of Bonds into stocks !
 (10:32 AM) tomthetrader: Public changing daily in RYDEX mutual funds
 (10:32 AM) Fulkdaddy: Tom, I like Aruj's info...smart money
 (10:34 AM) Fulkdaddy: Junk bonds may be a tell on how severe a correction may be...IF we get one
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 (10:34 AM) tomthetrader: we will take a 10% Long in BGU here
 (10:35 AM) arujunaa: my st tgt on usu was 114.375 - hence the sale. i think we can see 11500ish on usu9 but i would want to fade a rally to 115.00/115.3125. so can tlt rally another $1-2? sure. but i don't trade that way.
 (10:35 AM) tomthetrader: 10% long BGU
 (10:35 AM) tomthetrader: 10:33am
 (10:35 AM) eman11: 36.54
 (10:36 AM) ajayvee: BGU 36.55
 (10:36 AM) tomthetrader: 36.50-36.55
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 (10:36 AM) tomthetrader: is a good fill
 (10:36 AM) tomthetrader: stop 36.35
 (10:36 AM) tomthetrader: very tight stop
 (10:38 AM) tomthetrader: stop at Break even please
 (10:38 AM) nimesh_: ym strongest
 (10:38 AM) tomthetrader: sell here at 36.65
 (10:39 AM) tomthetrader: sold 36.65
 (10:39 AM) tomthetrader: so in and OUT BGU
 (10:39 AM) tomthetrader: OK
 (10:39 AM) thomas_Poland: I have time for short at 10:45
 (10:39 AM) ajayvee: out BGU at 36.70
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 (10:39 AM) tomthetrader: be careful ..small profits add up
 (10:40 AM) tomthetrader: Nice trade AJ
 (10:40 AM) tomthetrader: good timing on upside
 (10:40 AM) tomthetrader: blowing out stops
 (10:42 AM) tomthetrader: 33.39 for a look at BGU
 (10:43 AM) tomthetrader: 33.25 Buy BGZ Long limit 10%
 (10:44 AM) tomthetrader: Darn ..going to miss it ?
 (10:45 AM) tomthetrader: filled 1000 at 33.25
 (10:45 AM) eman11: Not yet
 (10:45 AM) ajayvee: no I have low of 33.26
 (10:45 AM) stevefl_64: not filled either
 (10:46 AM) tomthetrader: OK Nothing Official
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 (10:46 AM) tomthetrader: I guess I have a good broker !  ... My Boss !
 (10:46 AM) stevefl_64: lol
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 (10:47 AM) tomthetrader: Didn't we have the exact same thing yesterday ?
 (10:47 AM) tomthetrader: .01 had to manually fill
 (10:48 AM) tomthetrader: OK everyone should be in
 (10:48 AM) ajayvee: filled 33.25
 (10:48 AM) tomthetrader: 33.15
 (10:48 AM) tomthetrader: stop
 (10:48 AM) stevefl_64: in
redliontrader: 10 % Short Traders with BGZ in at 33.25 / stops set to 33.15
 (10:52 AM) redTest: fyi - our last BGU trade was our first long trade in 34 trades, which was 5/29 in DDM
 (10:53 AM) stevefl_64: didnt even realize that. and from a perma bull too 
 (10:53 AM) tomthetrader: yes...amazing
 (10:53 AM) tomthetrader: we had some long MAIN and IRA
 (10:54 AM) tomthetrader: but not traders
 (10:54 AM) redTest: y
 (10:54 AM) redTest: initiated trades
 (10:54 AM) tomthetrader: amazing
 (10:55 AM) tomthetrader: and market if charted put has been from 888 to 955?
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 (10:56 AM) tomthetrader: stops at Break even Now
 (10:56 AM) redTest: but we are up.. which I think is masterful trading.. disciplined..
 (10:56 AM) tomthetrader: 33.25
 (10:56 AM) tomthetrader: Thank you Red
 (10:57 AM) tomthetrader: again stop our BGZ at B.E.
 (10:57 AM) tomthetrader: no sens e in giving back $$$$$$$
 (10:59 AM) tomthetrader: 33.35 STOPS
 (10:59 AM) tomthetrader: KEEP A PROFIT
 (11:00 AM) tomthetrader: 33.40 STOP NOW OR SELL
 (11:01 AM) tomthetrader: 1000 SH bgz FROM 33.25 - 33.40 out
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 (11:03 AM) Jshelton31: http://www.youtube.com/watch?v=pXFvR8VVu2k 150 $ plus in  few minutes
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 (11:05 AM) ajayvee: out BGZ at 33.50
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redliontrader: 100% Cash, Traders, Main and IRA
 (11:18 AM) thomas_Poland: sorry guys .. but I missed this ... I said 10:45 and top was 10:50
 (11:18 AM) thomas_Poland: I will try better next time  
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 (11:19 AM) berniectx: you better Thomas!!!
 (11:19 AM) tomthetrader: AGAIN WE WILL SWITCH OVER TO BGU NOW TO LOOK LONG
 (11:19 AM) tomthetrader: 36.40
 (11:20 AM) tomthetrader: WILL BE OUR NEXT LONG
 (11:20 AM) thomas_Poland: please .. at 11;55
 (11:20 AM) thomas_Poland:  
 (11:20 AM) thomas_Poland: not now .. die bulls
 (11:21 AM) tomthetrader: rIGHT ..i WILL GIVE YOU TILL noon ...EVEN 2:00PM
 (11:21 AM) thomas_Poland: good  
 (11:21 AM) thomas_Poland: thanks
 (11:21 AM) tomthetrader: bUT I AM BETTING  ON PPT TODAY 1
 (11:21 AM) thomas_Poland: yes .. I am affraid you are right
 (11:22 AM) tomthetrader: Friday close should be right on 944-45
 (11:22 AM) thomas_Poland: they will not let Atilla make any money
 (11:22 AM) tomthetrader: never unless he turns Bull then we go 10000% Bear short
 (11:22 AM) thomas_Poland: yes ..
 (11:22 AM) tomthetrader: what a year for him...dowm 4000% + unrealized?
 (11:23 AM) thomas_Poland: he knows his stuff but what he does from march bottom is just insane
 (11:23 AM) thomas_Poland: why not make money both sides?
 (11:23 AM) Freezinalberta: Attila Demorey?
 (11:23 AM) tomthetrader: Like TTT ?
 (11:23 AM) thomas_Poland: and now about 5 snipers are looking for him??  
 (11:23 AM) thomas_Poland: as very pleased readers are happy?
 (11:23 AM) thomas_Poland: yes TTT go TTT .. TTT is the best
 (11:23 AM) tomthetrader: He is very Un American for getting to traqde here and enjoy our priviledges
 (11:24 AM) thomas_Poland: TTT
 (11:24 AM) thomas_Poland: can I enjoy your privileges of paying taxes for idiots in government ? 
 (11:25 AM) thomas_Poland:   
 (11:25 AM) tomthetrader: very demeaning and does not repect the foundations of the system ...it has to be someone elses fault....I think good traders know it is Price price price....
 (11:25 AM) tomthetrader: no matter how it gets there ...PRICE is what makes the P/L
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 (11:26 AM) Freezinalberta: ATILLA BIG EGO equals BIG LOSS
 (11:26 AM) thomas_Poland: yep
 (11:28 AM) eman11:   The market eventually humbles the arrogant.
 (11:29 AM) DE_TTT: Always the case.    
 (11:29 AM) tomthetrader:   
 (11:30 AM) Freezinalberta:  
 (11:30 AM) tomthetrader: I have really only missed a trade ...maybe 2 in my career
 (11:30 AM) tomthetrader: But it was my brokers fault
 (11:30 AM) tomthetrader: I hit the wrong key on 25,000 others
 (11:31 AM) tomthetrader: Dang Computers ?
 (11:31 AM) DE_TTT: I thought I was wrong once...but later discovered I was mistaken.    
 (11:31 AM) tomthetrader: I like that
 (11:31 AM) tomthetrader: 1st really good correction in SMH SOXX in awhile DE ...double dip recession ?
 (11:31 AM) eman11: LOL
 (11:33 AM) ajayvee: Naz A/D -1023 Vol -2.4:1
 (11:33 AM) ajayvee: NYSE A/D -957 Vol -1.9:1
 (11:33 AM) ajayvee: RUT A/D -853  Vol -2:1
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 (11:34 AM) DE_TTT: Definite possibility.  Still shipping below demand but I think the stocks could pause for awhile.  Re: semis.
 (11:34 AM) tomthetrader: path of least resistance after all these false breakouts may still be UP ..but the carnage in Q's and NAZ is a TELL
 (11:35 AM) tomthetrader: But I am Liking the long side into July 4th...just depends on the lows
 (11:35 AM) tomthetrader: Biotech starting to act better with bonfds
 (11:35 AM) tomthetrader: so a slowing rate of ascent is in line
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 (11:38 AM) redTest: a/d lines have flattened out clustered around -2:1 area
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 (11:39 AM) redTest: y that is correct
 (11:39 AM) tomthetrader: anyone have the % down from the highs?
 (11:39 AM) tomthetrader: RUT NAZ  and SPX
 (11:39 AM) tomthetrader: and I think that is close to all we get in a Bull
 (11:41 AM) eman11: SPX High 956.23 to 940 = 1.7%
 (11:41 AM) redTest: i have roughly 2.49% for NYSE, 2.24% for SPX, 3.02% for ndx, 3.15% for Rut
 (11:41 AM) redTest: I am using High to low...
 (11:42 AM) eman11: I used high to current.
 (11:43 AM) tomthetrader: Thanks Guys
 (11:43 AM) tomthetrader: In this "type" of Mini Bull we don't get more than 4.6% off
 (11:44 AM) tomthetrader: so buying long on oversold areas soon will probably be the play...I still think there will be a EVENT that gets us down to 910 to buy
 (11:45 AM) tomthetrader: PLEASE CANCEL ALL ANY LIMIT ORDERS ...WEARE 100% Cash Please take off any contingent longs
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 (11:58 AM) DE_TTT: European Markets Closing Prices: FTSE: 4442.0 -19.9 -0.5%, DAX: 5069.2 -38.0 -0.7%, CAC: 3326.1 -8.8 -0.3%
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 (11:59 AM) tomthetrader: NSM called the top of the market 2007 ?
 (11:59 AM) tomthetrader: REDO ?
 (11:59 AM) tomthetrader: NSM off big from highs
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 (12:00 PM) Fulkdaddy: DBA at support..nice entry point
 (12:00 PM) tomthetrader: yes
 (12:00 PM) tomthetrader: dyy
 (12:01 PM) tomthetrader: dag
 (12:01 PM) tomthetrader: bg
 (12:01 PM) tomthetrader: pot
 (12:04 PM) thomas_Poland: 11:55 was the time
 (12:05 PM) thomas_Poland: another miss 
 (12:05 PM) thomas_Poland: I really hoped we go lower
 (12:05 PM) thomas_Poland: next time for long I have 12:20
 (12:05 PM) thomas_Poland: next times are for short
 (12:06 PM) tomthetrader: We may get some shorts in here over lunch
 (12:06 PM) tomthetrader: DUG BGZ
 (12:06 PM) thomas_Poland: yes I have 1:30 time for short
 (12:07 PM) tomthetrader: URE and BAC have ne wondering
 (12:07 PM) thomas_Poland: but lets crush here .. I will not complain  
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 (12:11 PM) tomthetrader: any questions ?
 (12:12 PM) tomthetrader: I will be at lunch til 1:56pm
 (12:12 PM) tomthetrader: Pimco says FED will not raise rates this year
 (12:12 PM) tomthetrader: he is probably right
 (12:12 PM) tomthetrader: still will market do better on low growth
 (12:13 PM) tomthetrader: Tech is hurting so the Money flies into Healthcare
 (12:14 PM) tomthetrader: LM And JEF
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 (12:24 PM) tomthetrader: ok...acting well
 (12:25 PM) tomthetrader: faz flat
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 (12:28 PM) tomthetrader: short coffee houses
 (12:29 PM) tomthetrader: gmcr
 (12:29 PM) tomthetrader: cbou
 (12:29 PM) tomthetrader: tim sykes is about to go down 400% next week ...?
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 (12:47 PM) Alert: This is a G rated room intended for a General Audience including minors.  Offensive language is not permitted.
 (12:47 PM) Alert: Hi , Welcome to TTT


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 (12:54 PM) tomthetrader: Audio OK ?
 (12:54 PM) jaxbrown22: lost audio
 (12:55 PM) tomthetrader: Looking to go long soon ...divergances +
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 (12:56 PM) tomthetrader: for those whom are not members ...please check in with Redlion or myself for membership info
 (12:56 PM) tomthetrader: again we will need to clear the room of NON MEMBERS as we will be putting on some trades here
 (12:56 PM) jaxbrown22: audio now OK
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 (12:57 PM) berniectx: Tom is almost as tough as that Thomas guy from Poland
 (12:58 PM) tomthetrader: for those who have been on trial and do not want to join ....we thank you for trying our service
 (12:58 PM) thomas_Poland: yeaahhh
 (12:58 PM) tomthetrader: Thomas is a bulldog !
 (1:00 PM) tomthetrader: http://ftalphaville.ft.com/blog/2009/06/11/56933/the-problem-with-commodity-etfs/
 (1:00 PM) tomthetrader: Good read on why we don't trade UNG much
 (1:00 PM) desertone: LOL Tom I couldn't believe anyone would dare call U a Bulldog   But it was U talking about TP!!
 (1:00 PM) tomthetrader: COMPUTER GLICHES HURTING TRADERS NO DATA
 (1:00 PM) tomthetrader: Yes D1
 (1:01 PM) desertone: BGU woke up
 (1:01 PM) tomthetrader: Thomas is the POLISH HAMMER
 (1:01 PM) stevefl_64: some kind of problem on NYSE floor per cnbc
 (1:02 PM) desertone: Let's see if it lasts BGU I have a tgt of 36.91
 (1:05 PM) tomthetrader: Thank you
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 (1:10 PM) jaxbrown22: ure...long or short?
 (1:10 PM) tomthetrader: we are looking to short
 (1:11 PM) tomthetrader: as it is acting very well today
 (1:11 PM) tomthetrader: SRS will probably be our play
 (1:11 PM) tomthetrader: I like the way SRS is acting here
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 (1:12 PM) jaxbrown22: what about the long awaited bust in commercial  does SRS cover that---thanx
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 (1:12 PM) tomthetrader: Yes
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 (1:13 PM) tomthetrader: It is the best vehicle for commercial real estate bust
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 (1:14 PM) jaxbrown22: thinking midterm to give it a chance to really develop
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 (1:17 PM) dhmohan1963: hi]
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 (1:19 PM) tomthetrader: Hi DH Mohan
 (1:20 PM) desertone: Everything is trading in such narrow channel
 (1:20 PM) jaxbrown22: SRS support @ 18.5 or try for 17.76
 (1:20 PM) tomthetrader: yes....total ..."I don;t know what to do"" market
 (1:21 PM) tomthetrader: Jax...great strategy or buy some here 100 sh and another 200 and then another 300?
 (1:21 PM) tomthetrader: if we cannot rally soon it becomes very bearish short term
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 (1:22 PM) redTest: I scalp using a 120 minute Bolinger Band.. and the bands are squeezed tighter than I have ever seen +341/-471 which is about a 800 pt range.. normal is about 2x that
 (1:23 PM) redTest: sorry bollinger bands on the $Ticks
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 (1:36 PM) tomthetrader: still needs to rally hard if this is a Bull
 (1:37 PM) tomthetrader: on oversold conditions
 (1:37 PM) tomthetrader: THOUSANDS of Traders are leaving for the day now
 (1:37 PM) tomthetrader: this will lead to some volatility
 (1:37 PM) tomthetrader: we amy be able to take advantage
 (1:37 PM) tomthetrader: let's see
 (1:46 PM) csu30: The daily NYSE McClellan oscillator has broken an uptrend line that extends back into February; if it closes below this uptrend line this may be another  "tell" that the market is heading south
 (1:46 PM) tomthetrader: Agree 100%
 (1:47 PM) tomthetrader: If we cannot rally off this TTT Buy signal area ...it is very bearish we should be in some int term shorts
 (1:47 PM) tomthetrader: but can we handle a position today ?
 (1:47 PM) redTest: Dow is goning to go green here
 (1:47 PM) tomthetrader: yes
 (1:48 PM) tomthetrader: I think we go UP into close and Have aHORRIBLE week next week
 (1:48 PM) tomthetrader: 5% drop possible
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 (1:48 PM) tomthetrader: we need one more run at 950 ish and close today 944 ish
 (1:49 PM) tomthetrader: Bio tech healthcare signal a  correction
 (1:49 PM) tomthetrader: NYA is down much more than Dow ..
 (1:50 PM) tomthetrader: those divergnaces are pretty telling
 (1:50 PM) tomthetrader: Short-Term Trend: Yesterday's late-day reversal was definitely a blow to the bulls as the all-important breakout above 950 turned into a fakeout. So with stocks still stuck in a range, we're downgrading the short-term trend to neutral for the time being.
 (1:50 PM) tomthetrader: Intermediate-Term Trend: Although stocks are stuck in a very tight range, the intermediate-term trend remains up. Thus, despite the fact that the chances for a pullback have increased, discipline dictates that we should continue to give the bulls the benefit of the doubt.
 (1:51 PM) tomthetrader: Market Internals: Yesterday's action did not produce any change in our models. Our short-term trend-breadth-confirm model remains neutral while the intermediate-term version is still positive. And while things are sloppy at the moment, the positive reading in our i.t. trend-and-breadth-confirm model carries with it an annualized gain of 20.2%.
 (1:51 PM) tomthetrader: Market Momentum: Not surprisingly, there has been no change in our momentum models. Our short-term momentum model is on a sell but is dead neutral and our intermediate-term model is moderately positive. So, we'll continue to call market momentum neutral.
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 (1:52 PM) tomthetrader: Investor Sentiment: Sentiment has reached very positive levels, which is definitely something to keep an eye on as these indicators are designed to be "early warning" signs.
Investor Sentiment: Sentiment has reached very positive levels, which is definitely something to keep an eye on as these indicators are designed to be "early warning" signs.

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 (1:53 PM) stevefl_64: Tom somebody on CNBC just reccommended ZTR . for income. didnt know that anybody but you knew of it LOL
 (1:54 PM) tomthetrader: Yes...there are some Funds that just hold ZF and ZTR ...Lazy Bums !
 (1:54 PM) stevefl_64: lol
 (1:55 PM) tomthetrader: ZF and ZTR are BUYS in IRA up 35% but still NAV discount
 (1:56 PM) tomthetrader: Inability to rally has to scare some Bulls
 (1:56 PM) tomthetrader: 5th time we have been here since May 1st in my prop indicators and everytime we have rallied STRING
 (1:56 PM) tomthetrader: STRONG