(9:11 AM) Alert: This is a G rated room intended for a General Audience including minors. Offensive language is not permitted.
(9:11 AM) Alert: Hi , Welcome to TTT
redliontrader: GM
(9:11 AM) ajayvee: nice job zags! I took half TNA also
(9:12 AM) tomthetrader: GM
(9:12 AM) PremR: gm
(9:12 AM) ajayvee: g'mornin
(9:13 AM) tomthetrader: Tremendous work ...everyone is trading well ....very patient and taking our shots when we get them
(9:13 AM) hibuck2: goooood mooorning America
(9:14 AM) eman11: gm
(9:14 AM) tomthetrader: E Man ...you are HOT ...what do we do next ???
(9:15 AM) azags: I am anticipating staying long until at least tomorrow
(9:15 AM) desertone: GM everyone !! Excellent calls Tom
(9:16 AM) tomthetrader: Thank You D1
(9:16 AM) tomthetrader: Let's enjoy this day
(9:16 AM) thomas_Poland: hopefully scenario with low on yesterdays morning and high on thursday afternoon will play out
(9:16 AM) thomas_Poland: we got the low
(9:17 AM) thomas_Poland: I am ready for another up move till Mid July
(9:17 AM) thomas_Poland: but friday should also be bearish and we can start the move up on turnaround Tuesday next week???
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(9:17 AM) thomas_Poland: any ideas TOM?
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(9:22 AM) tomthetrader: I think today may be highs until Next Tuesday
(9:22 AM) eman11: I not quite sure what to do next, yesterday's close confounded me. I am in 100% cash in Traders and only have FXI overall. Doh, I sold to early and should have have held a little overnight.
(9:22 AM) Fulkdaddy: Gm
(9:23 AM) tomthetrader: You have maintained good gains though E
(9:23 AM) tomthetrader: GM Dave
(9:23 AM) eman11: Thanks.
(9:23 AM) tomthetrader: And missing this is not something anyone should feel bad about ...we are still downtrending and this rally will be a huge test of our indicators
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(9:24 AM) tomthetrader: we have caught a few counter trend moves but now see that we will at least have a one day bounce ...can it hold above 900 to test 904 then we short ?
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(9:26 AM) tomthetrader: audio t4st
(9:26 AM) azags: y
(9:26 AM) ajayvee: y
(9:26 AM) hibuck2: gm
(9:26 AM) Fulkdaddy: gm
(9:26 AM) netherbow1: y
(9:26 AM) derr11: OK
(9:26 AM) desertone: GM
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(9:26 AM) thomas_Poland: gm
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(9:30 AM) Fulkdaddy: Tom, can you send out the chart of Smart Money and Dumb Money?
(9:30 AM) thomas_Poland: we opened above 200 sma on 5 min chart
(9:30 AM) Fulkdaddy: that is fine
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(9:30 AM) Fulkdaddy: ok...wondered if there was an edge
(9:30 AM) Fulkdaddy: no edge
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(9:32 AM) eman11: Thanks Tom you have made some tremendous calls lately
(9:32 AM) tomthetrader: Thanks E ....really happy we can work together
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(9:34 AM) redTest: Tom, what are we doing about stops in Main,, we have a nice gap up in FXI this AM.
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redliontrader: Stops B/E in traders on VIX calls, 2% Trailing on positions in Main
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(9:36 AM) tomthetrader: ES futures trail .5% or 4 points
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(9:36 AM) tomthetrader: crude I am back short 1% trail
(9:36 AM) tomthetrader: TF 1% trail
(9:36 AM) tomthetrader: Gold $5 stop from 940 short
(9:37 AM) redTest: Congrats to the FXI holders.. nice 3% pop this open.. Great call Tom
(9:38 AM) tomthetrader: Thank you Red
(9:40 AM) jaxbrown22: Tom Thx a BUNCH for the FCX call --it'll be a big payday.
(9:40 AM) jaxbrown22: Calls up 50%
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(9:41 AM) redTest: yeah jax! I am holding FCX too.. up 7+% .. wow great
(9:43 AM) redTest: Careful trailing stops on TDF.. I would only hand trail.. low volume -> wierd price movement..
(9:43 AM) tomthetrader: FCX I have calls on with POT ...remember this trade may lose steam late today so take portions off...one contract in POT is up 200% since Monday !
(9:45 AM) jaxbrown22: Tom Do we hold vix for the downturn later today or bail?
(9:45 AM) Harrod_t: 37.25
(9:45 AM) eman11: 37.25 FXI
(9:46 AM) tomthetrader: FXI stop FXI at 37.10 OK
redliontrader: Remove automatic stops on TDF and hard STOP on FXI at 37.10
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(9:48 AM) tomthetrader: 910 we will short
(9:48 AM) tomthetrader: 904 1st resistance SPX cash ..a good housing report shouldhelp us'
(9:51 AM) tomthetrader: looking for 875 spx cash by monday close
(9:51 AM) tomthetrader: but may hit 910-914 today
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(9:53 AM) hibuck2: $PCRCO .64
(9:54 AM) hibuck2: $TRIN .62 $TRIQE .27
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(9:54 AM) hibuck2: NYSE A/D +1954
(9:54 AM) thomas_Poland: I think high of the week on Thursday
(9:54 AM) hibuck2: $TNX 36.42 3.64
(9:55 AM) hibuck2: $SPX 903.51
(9:55 AM) thomas_Poland: TRIN acts a little bearish now
(9:55 AM) hibuck2: BRCD HOD 7.77
(9:56 AM) Three_Taverns3: tom - stopped in to say that was a nice call yesterday afternoon from 890 on the ES. about 9 points per contract or $450. that isn't chopped liver. so long and congrat's to those that took it.
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(9:58 AM) tomthetrader: Thanks 3 and right now membership special...you should join us ?
(9:58 AM) tomthetrader: super IM me for the deal of a lifetime for you
(9:59 AM) azags: I sold a fair amount of my longs because they were large positions with good profits
(10:00 AM) thomas_Poland: bad data
(10:00 AM) tomthetrader: FXI .10 below current bid
(10:00 AM) eman11: 37.31
(10:00 AM) thomas_Poland: should be ok for us?
(10:00 AM) tomthetrader: yes
(10:01 AM) ajayvee: oops housing not so good
(10:01 AM) tomthetrader: 904 resistance
(10:01 AM) tomthetrader: ok
(10:01 AM) tomthetrader: keeps fed eased
(10:02 AM) Fulkdaddy: New home sales disappoint
(10:02 AM) Freezinalberta: great volume on fxi over 5,000,000..Little volume on tdf 12,000?
(10:02 AM) Fulkdaddy: Builders show less confidence
(10:03 AM) tomthetrader: TDF a long term hold for us ....
(10:03 AM) tomthetrader: FXI a day trade
(10:03 AM) Fulkdaddy: Home sales did not hurt the market much
(10:04 AM) Fulkdaddy: market rallying
(10:04 AM) tomthetrader: Yep just feeds the FED dave
(10:05 AM) redTest: I see trend day qualities..
(10:08 AM) tomthetrader: 904 SPX a wall for now but we SHOULD rally in to FED data
(10:09 AM) Freezinalberta: will you be playing bgu if market goes over 904?
(10:10 AM) Freezinalberta: 905.70
redliontrader: I have 37.23 hard stop on FXI, 21.93 mental stop on TDF
(10:13 AM) tomthetrader: we will move stop to 37.35 on FXI
(10:13 AM) tomthetrader: 10:12 am
(10:15 AM) dhmohan1963: what about tdf
(10:15 AM) tomthetrader: No stops
(10:15 AM) tomthetrader: on TDF
(10:18 AM) tomthetrader: 37.40 FXI stop
(10:18 AM) tomthetrader: 37.45 sell stop
(10:18 AM) desertone: Tom GS is calling me to short, any opinion?
(10:18 AM) tomthetrader: not yet ...on the close
(10:19 AM) tomthetrader: stopped on FXI
(10:19 AM) desertone: TY Sir!!
(10:19 AM) tomthetrader: 37.40 sold
redliontrader: FXI out 37.40
(10:21 AM) tomthetrader: did get 37.45 ! as we thought ?
(10:21 AM) ajayvee: Naz A/D +1440 Vol +18:1
(10:21 AM) ajayvee: NYSE A/D +2104 Vol +10:1
(10:22 AM) ajayvee: RUT A/D +1400 Vol +9:1
(10:22 AM) Fulkdaddy: MON looks really good here...
(10:22 AM) tomthetrader: TDF stops at Break even
(10:23 AM) tomthetrader: limit sell TDF at 22.50
(10:24 AM) thomas_Poland: I am sure ATilla micromanaged on this
(10:24 AM) thomas_Poland:
(10:24 AM) thomas_Poland: I am bad person
(10:24 AM) dhmohan1963: tdf shows at 22.50 at fidelity
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(10:25 AM) tomthetrader: only 500 filled at 22.50?
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(10:26 AM) tomthetrader: OK now filled at 22.53
(10:26 AM) tomthetrader: out of TDF at 22.53
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(10:27 AM) tomthetrader: so about 900 shares in TDF got filled ..anybody get filled
(10:27 AM) berniectx: Dr. Doom on Bloomberg still a skeptic...FED tightrope today in statement
(10:27 AM) tomthetrader: I only have confirms
(10:29 AM) tomthetrader: they won't fill under 22.50
(10:29 AM) tomthetrader: so good luck on your TDF
(10:30 AM) redTest: I got 500 shares filled at 22.50.. it never showed in the Time&Sales hmmmmmmm....
(10:30 AM) Freezinalberta: long term hold to short term on TDF?
(10:30 AM) tomthetrader: very bizarre way of filling TDF
(10:30 AM) tomthetrader: I bet you got 24.49999
(10:31 AM) tomthetrader: I have 1000 there and got 300 at 24.53
(10:31 AM) tomthetrader: weird
(10:31 AM) tomthetrader: OIL declines
(10:31 AM) tomthetrader: so bigger gas supplies
(10:32 AM) Fulkdaddy: Bonds getting hammered Aruj
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(10:32 AM) redTest: if POT stays here around 94 or higher.. I am thinking about selling at close or tomorrows open.. what do you think tom?
(10:35 AM) arujunaa: given the run-up in fixed income, price action won't make sense until the fed now. also we have a 1pm auction and an auction tomorrow. so we should trade weak until 2:15
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(10:37 AM) tomthetrader: I am with you
(10:38 AM) tomthetrader: stop here just .50 back...take our lumps
(10:38 AM) tomthetrader: stop POT !
(10:38 AM) tomthetrader: cut losses
(10:38 AM) tomthetrader: positive report in barrons
(10:38 AM) tomthetrader: I had some POT calls so I am OK
(10:43 AM) PremR: password required
(10:43 AM) dhmohan1963: yes password
(10:43 AM) richardt_5: password yes
(10:44 AM) Pete45: no password yet
(10:44 AM) berniectx: yes I need password
(10:44 AM) stevefl_64: y
(10:44 AM) derr11: No
(10:44 AM) arujunaa: n
(10:44 AM) Freezinalberta: y
(10:44 AM) Pete45: do we need one?
(10:44 AM) PremR: hi....i come in but i always get kicked out so usually don't log back in after couple of tries.
(10:44 AM) Fulkdaddy: Perm, what is Lowry's buying, selling pressure saying?
(10:45 AM) Freezinalberta: log in thru chat on red's site
(10:45 AM) berniectx: I use firefox and no probs lately
(10:45 AM) Kiwi_SanDiego: works fine from a Mac using Safari
(10:45 AM) PremR: i use standalone is there a different way of doing it?
(10:46 AM) berniectx: Prem I log in thru TTT website and works pretty good
(10:48 AM) Freezinalberta: log in to ttt, open another tab, log in again into red's site, and pick chat . now you can tab back and forth without getting kicked out
(10:49 AM) PremR: Lowry thinks this is all a bear market rally....they say that demand (buying power) usually soars in a bull market and the selling pressure abates but that is not happening either. they are very cautious and they think there is a good chance we can go back to the lows of this bear market
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(10:50 AM) tomthetrader: great work Prem ...thank you
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(10:51 AM) berniectx: almost feel like shorting this 910 area...will wait though
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(10:51 AM) Alert: Congressional hearing on health care reform LIVE now News Talk Online in the Radio/TV Section [Free Video]
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(10:52 AM) PremR: hey....i am in via the internet as opposed the standalone...very neat and congrats for setting it up like this.
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(10:54 AM) Freezinalberta: faz 4.95
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(10:56 AM) Todd5566: Hi bernie
(10:59 AM) tomthetrader: stop POT 94.00 now
(11:02 AM) tomthetrader: extremely positive TREND day in force
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(11:19 AM) tomthetrader: I have been trying to hold back my elation but Trader Tim is back ? I really hope this is a official welcome for at least awhile...the most respected trader in our TTT team ....?
(11:20 AM) tomthetrader: Thank you
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(11:20 AM) tomthetrader: we welcome all of you
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(11:22 AM) Fulkdaddy: Trader Tim...could it be...my long lost buddy!!!
(11:22 AM) Fulkdaddy: His voice mail has not even been picking up...I thought you were dead?
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(11:26 AM) Fulkdaddy: Tom, with this rally, is the market setting itself up for a fall if the Fed does not say what exactly what it wants to hear?
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(11:32 AM) tomthetrader: hopefully that answers your ?
(11:32 AM) Fulkdaddy: what??
(11:32 AM) tomthetrader: it will be painful for those short now ...but if we time our shorts ...it wil pay off
(11:32 AM) hibuck2: ok here
(11:32 AM) Harrod_t: good here
(11:32 AM) pointfisher: y
(11:32 AM) PremR: ok here
(11:32 AM) richardt_5: good here
(11:32 AM) derr11: good
(11:33 AM) Fulkdaddy: Are you speaking?
(11:33 AM) eman11: Ok
(11:33 AM) jaxbrown22: AUDIO OK
(11:33 AM) dhmohan1963: ok
(11:33 AM) Fulkdaddy: I must need to log back in
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(11:33 AM) tomthetrader: yes or push to talk 'to activate audio
(11:33 AM) Fulkdaddy: I am back
redliontrader: we missed you dave
(11:33 AM) Fulkdaddy: yes!
(11:33 AM) Fulkdaddy: thanks
redliontrader:
(11:34 AM) dhmohan1963: tom alittila bought oil long why
(11:35 AM) dhmohan1963: call yes he is hedging
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(11:36 AM) dhmohan1963: good charts
(11:36 AM) tomthetrader: LOL
(11:36 AM) dhmohan1963: thx for explaing
(11:40 AM) redTest: the $ticks are slowly loosing momentum throughout the day.. if we get a little lower here I will take a BGU scalp..
(11:43 AM) tomthetrader: Yes ..very good idea..I personally have been waiting for a LULL in the action to get in a scalp long
(11:44 AM) netherbow1: TOM any opinion on GMCR ?
(11:46 AM) netherbow1: thxs, no just curious re stock , will just not chase
(11:47 AM) berniectx: EUR/JPY been drifting lower throughout the day sometimes predicts SP
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(11:49 AM) hibuck2: NYSE A/D +2134
(11:49 AM) tomthetrader: DDM we will go long 10% Traders at this pint
(11:49 AM) hibuck2: $PCRCO .76
(11:50 AM) tomthetrader: 11:50 fill DDM 10% long
(11:50 AM) netherbow1: what fill ? DDM is 28.30?
(11:50 AM) tomthetrader: 28,30 anyone else fill long
(11:51 AM) tomthetrader: '28.28-28.32
(11:51 AM) stevefl_64: 28.31 here
(11:51 AM) redTest: 28.30
(11:51 AM) eman11: 28.30
(11:51 AM) tomthetrader: stop 28.00 even hard
(11:51 AM) hibuck2: 28.30
(11:51 AM) redTest: good timing.. lined up with my autoscalper
(11:52 AM) stevefl_64: good red thanks
(11:52 AM) derr11: 28.28 fill
(11:53 AM) netherbow1: 28.29 fiill
(11:59 AM) tomthetrader: we will reenter or tak stops back to 27.75 ...don't get stopped out ...That 28.00 now should be moved down a touch 28.00 OK but reenter if hit on a selloff
(11:59 AM) Alert: Whisper sent.
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(12:19 PM) tomthetrader: we will add 10% more here at 28.25 DDM so we will be 20% long
(12:20 PM) tomthetrader: we will add BGZ on or after the close ...sell DDM 20% MOC
(12:21 PM) ajayvee: y
(12:21 PM) netherbow1: audio good
(12:21 PM) Fulkdaddy: good audio
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(12:25 PM) tomthetrader: again we are buying long daytrade and selling short on the close for a weak th fri mon
(12:26 PM) tomthetrader: add another 10% at 28.20
(12:26 PM) tomthetrader: 30% long DDM
(12:26 PM) tomthetrader: now
(12:27 PM) thomas_Poland: I have a 'feeling' that the best long opp will be after FED
(12:28 PM) tomthetrader: stops again in place 27.75 BGU
(12:28 PM) tomthetrader: will raise after we hit 50% long
(12:31 PM) tomthetrader: attempting to get 1000 sh DDM at 28.19-20
(12:31 PM) tomthetrader: we will see if we get it
redliontrader: 1000 shares = 12.4% of Traders
(12:31 PM) tomthetrader: perfect
(12:32 PM) tomthetrader: limit 28.19 -20 we will fill at 28.20 and .19 if possible
(12:33 PM) tomthetrader: Kass bailed out of longs now in cash : for the record
(12:34 PM) redTest: wwt99 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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(12:46 PM) tomthetrader: for IRA traders /embers we will start to add short positions IRA let's BUY 10% position in QID limit 33.25
(12:46 PM) tomthetrader: Again 10% in QID here at 33.24-25
(12:47 PM) tomthetrader: in IRA
(12:47 PM) tomthetrader: this again is a short QQQQ position to hedge
(12:47 PM) tomthetrader: and to get a piece of suspected weakness TH FRI and Mon
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(12:51 PM) tomthetrader: YHOO acting well last 2 days Najarians on it ...we need optionsmonster ! ...I am going to get a answer on that and DAVE ...you guys been watching the DAVE move ?
(12:53 PM) ajayvee: very low volume on DAVE
(12:54 PM) eman11: Let us know if you want us to chip in for option monster?
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(12:56 PM) hibuck2: i hv YHOO @ 14.80
(12:58 PM) hibuck2: Balmer says still open to a partnership
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(1:13 PM) tomthetrader: stops at 28.00 on DDM
(1:13 PM) tomthetrader: stops On QID 4% back
(1:14 PM) tomthetrader: Yes DAVE a long term hold Spec ...meeting with CEO tomorrow
(1:14 PM) tomthetrader: will have lots of info
(1:14 PM) tomthetrader: BUY DAVE limit 5.00-5.50
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(1:17 PM) tomthetrader: HBAN starting to ROAR
(1:18 PM) arujunaa: bonds going ballistic. shorts capitulating after a strong 5yr auction and pre-fomc. too late to buy. will look to short post fomc if bullish reaction
(1:18 PM) Fulkdaddy: bonds soaring
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(1:20 PM) 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.
(1:22 PM) Harrod_t: Did you move stop on DDM above 28??
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(1:23 PM) tomthetrader: move stops up to 28.10
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(1:24 PM) Harrod_t: Thanks
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(1:26 PM) Freezinalberta: sorry had keyboard issues
(1:26 PM) Freezinalberta: sto for qid and ddm
(1:27 PM) Freezinalberta: stop
(1:27 PM) tomthetrader: QID 4% DDM 28.10
(1:27 PM) Freezinalberta: txs
(1:27 PM) tomthetrader: YW
(1:28 PM) ajayvee: are we keeping stops thru the wild ride at announcement time?
redliontrader: 4% QID stop currently 31.85
(1:31 PM) thomas_Poland: on Nasdaq A/D vol aobve 16
(1:31 PM) thomas_Poland: 7 occurerences since 2000
(1:31 PM) thomas_Poland: NDX never closed up less than 1.76%
(1:32 PM) tomthetrader: Thanks TP
(1:32 PM) Freezinalberta: remove both?
(1:35 PM) redTest: good data tp
(1:37 PM) tomthetrader: just from DDM keep QID on
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(1:45 PM) tomthetrader: IF A/D line + 1500 at 2:00pm the hour past release was up 6/6 times +.7% 5/6 up 1.2%
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(1:59 PM) JR Roden: 2pm - what's the AD line sitting at?
(2:00 PM) ajayvee: NYSE A/D +1849 Vol +5.8:1
(2:00 PM) ajayvee: Naz A/D +1308 Vol +14:1
(2:00 PM) tomthetrader: VERY +
(2:00 PM) tomthetrader: for dow up 40
(2:01 PM) tomthetrader: all other indices up 1.5-2%
(2:01 PM) ajayvee: RUT A/D +1046 Vol +4.8:1
(2:01 PM) csu30: Is Traders looking to enter VIXHF calls? During the spike or at the close?
(2:01 PM) tomthetrader: YES'
(2:01 PM) tomthetrader: I am entering now
(2:02 PM) arak99: what are your bids for VIXHF Tom?
(2:02 PM) arak99: $4?
(2:03 PM) tomthetrader: adding 10 contracts here
(2:03 PM) stevefl_64: price please
(2:03 PM) tomthetrader: 3.90-4.20 filled 4.00
(2:04 PM) tomthetrader: 4.20ast filled
(2:04 PM) tomthetrader: Last
(2:04 PM) stevefl_64: ty
(2:05 PM) tomthetrader: filled 10 contracts at 4.20
(2:05 PM) tomthetrader: officially
(2:09 PM) tcb66: Aruj - Are you looking to short bonds on any post-Fed spike up?
(2:11 PM) redTest: I never got the orignal 10 vix contracts. I have an entryprice of the original at 4.30 did they stop out at b/e?
(2:13 PM) tomthetrader: No we took off VIX stops and added more 10 today as we spoke of yesterday...sorry ..you should be the 1st to know !
(2:14 PM) tomthetrader: Sorry
(2:15 PM) csu30: Tom, do you mean VIXHF? VIXHD is th Aug 20 calls
(2:15 PM) tomthetrader: right now we should have 20 contracts at 4.30 (10) and 4.20 10
(2:15 PM) tomthetrader: sorry again'
(2:16 PM) tomthetrader: AUGUST 30.00 Call is .VIXHF we hold 10 bought 10 more no stops
(2:17 PM) tomthetrader: 4.10 bid - 4.30 ask last 4.20
(2:17 PM) tomthetrader: again
(2:17 PM) arak99: Paltalk ads are trying install Trojans on my computer. Any experience like this for other folks here?
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(2:19 PM) ajayvee: was wave A this morning's move?
(2:20 PM) csu30: Arak, yes, that's why I only use PalTalk Express
(2:22 PM) tomthetrader: yes...many complaints...they say change your password I say kill the buggers
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(2:22 PM) redTest: ok. tom, I am still only 75% here.. 20 contracts 10@4.30 and 10@4.20.. I have added to match.. makes it easier for me
(2:23 PM) arujunaa: no chance to sell. this was a good statement for bond traders. the mkts should not get destroyed and yet with supply coming, we should get a great buy opportunity
(2:23 PM) ajayvee: do we go for HODs now? and close at HOD?
(2:23 PM) arujunaa: unless stocks crater
(2:23 PM) tomthetrader: agree
(2:23 PM) tomthetrader: stocks shouldrally into the close
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(2:24 PM) redTest: arak99 - yes the paltalk adds are obnoxious and dangerous... you should either pay for an ad-free paltalk account or use paltalk express.
(2:25 PM) arak99: thanks redtest
(2:25 PM) csu30: A/D holding up well
(2:26 PM) tomthetrader: 901 VWAP
(2:26 PM) tomthetrader: ES
(2:26 PM) desertone: Arak I had the worst experience with Paltalk and it cost me money to get rid of the bugs that attacked my puters.....
(2:26 PM) tomthetrader: needs to hold
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(2:27 PM) DE_TTT: How did you get rid of them, desert? I still have one!
(2:27 PM) tomthetrader: me too
(2:27 PM) tomthetrader: there is actually 2 trojans that can't be destroted by AMG
(2:28 PM) tomthetrader: any ideas /
(2:28 PM) Fulkdaddy: Microsoft will get rid of the virus for you for free...they did it for me
(2:28 PM) stevefl_64: still no stop on DDM? I presume no stop today
(2:28 PM) tomthetrader: windows defender says nothing there
(2:28 PM) tomthetrader: No stops until 3:00pm stefe
(2:28 PM) Fulkdaddy: go to safety.live.com and run their anti-virus software
(2:28 PM) tomthetrader: Steve
(2:28 PM) stevefl_64: ty
(2:29 PM) Fulkdaddy: if this does not work, you can call them (what I had to do) and they will use another program to get rid of the virus 866-PCSAFETY
(2:30 PM) ajayvee: Dow almost red
(2:30 PM) Fulkdaddy: Tom, they did not use Windows Defende
(2:30 PM) Fulkdaddy: defender
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(2:32 PM) ajayvee: I sure hope they are picking off stops down here
(2:32 PM) JR Roden: Dow is negative!
(2:33 PM) ajayvee: A/Ds deteriorating
(2:33 PM) desertone: I installed Norton 360 on both Laptops and RegCure by ParetoLogic and they cleaned me up.
(2:33 PM) eman11: Dow is negative, yet NYSE AD +1575
(2:34 PM) tomthetrader: will rally hard
(2:34 PM) ajayvee: music to my ears, the statement, not singing
(2:35 PM) hibuck2: NYSE A/D +1687
(2:35 PM) hibuck2: $PCRCO .85
(2:35 PM) hibuck2: $TNX 36.97 3.69
(2:36 PM) hibuck2: $TRIN .82 $TRIQE .30
(2:36 PM) hibuck2: $SPX 901.05
(2:36 PM) tomthetrader: VWAP
(2:36 PM) DE_TTT: Thanks, desert
(2:36 PM) hibuck2: YHOO HOD
(2:36 PM) tomthetrader: REG Cure free desert ?
(2:37 PM) ajayvee: y
(2:37 PM) hibuck2: y
(2:37 PM) eman11: y
redliontrader: y
(2:37 PM) PremR: ok
(2:37 PM) arak99: audio is good
(2:37 PM) jaxbrown22: audio is back
(2:38 PM) derr11: yes
(2:38 PM) billbTN: y
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(2:44 PM) desertone: Sorry Tom I was on the phone, RegCure is correct by ParetoLogic
(2:45 PM) desertone: Registry Cure in other words that's how deep the trouble was
(2:46 PM) hibuck2: YHOO another HOD
(2:49 PM) hibuck2: is Bernake toast ?
(2:50 PM) hibuck2: my vote I like the guy
(2:51 PM) eman11: SPX climbed back above 900
(2:52 PM) hibuck2: i think we r going to take off
(2:52 PM) ajayvee: usually there is a more violent up and down for a while after the announcement.
(2:52 PM) desertone: Nothing is Free Tom
(2:53 PM) hibuck2: could there be deal between Yahoo & MSFT )
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(2:55 PM) arak99: I caught my infection in time to stop ... and Norton took care of the rest
(2:55 PM) arak99: sticking with paltalk express until I get the non ad version
(2:55 PM) desertone: Am glad arak
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(2:58 PM) desertone: The funny thing is that I had no infections on my MacBook and MacMini, it was my Dell and the VMWare Fusion I run on Mac mini
(2:59 PM) tomthetrader: LM close to buyout...don't say I told you
(2:59 PM) arak99: Tom, the plan is still to short the close ?
(2:59 PM) tomthetrader: Yes
(2:59 PM) hibuck2: i remember that call
(2:59 PM) arak99: thnaks
(3:00 PM) tomthetrader: stay long til 4:00pm
(3:00 PM) arak99: even if we close at the LOD?
(3:00 PM) hibuck2: @ what price Tom
(3:00 PM) tomthetrader: let's just hope that doesn't happen...we will put in stops soon..if worried put in stops now at 1% trail
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(3:06 PM) ajayvee: smart money selling also?
(3:06 PM) tomthetrader: a little we are about the same place ...a .05% drop
(3:07 PM) tomthetrader: all indices green except dow
(3:07 PM) tomthetrader: a/d lines still good
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(3:08 PM) tomthetrader: less than 1% off from entry on dow ...we will monitor the patient
(3:09 PM) tomthetrader: 52 long long minutes left dow off 35
(3:10 PM) ajayvee: dive, dive, dive!
(3:12 PM) ajayvee: A/D volumes below 2:1
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(3:12 PM) ajayvee: die bears
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(3:15 PM) tomthetrader: sell QID hedge
(3:15 PM) tomthetrader: please give RED a quote for Fill
(3:15 PM) tomthetrader: Sell QID hedge in the IRA for profit
(3:16 PM) tomthetrader: sold QID at 3:15pm
(3:16 PM) tomthetrader: hedge off
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(3:17 PM) hibuck2: 33.73
(3:17 PM) ajayvee: 33.73
(3:17 PM) Freezinalberta: repeat
(3:17 PM) tomthetrader: sell VIX calls 20 at 33.74
(3:17 PM) tomthetrader: 33.73
(3:17 PM) tomthetrader: ok
(3:18 PM) hibuck2: tom look at ur post sell VIX
(3:18 PM) hibuck2: QID
(3:18 PM) tomthetrader: oops
(3:18 PM) ajayvee: continuing making new lows
(3:19 PM) tomthetrader: sell QID not VIX
(3:19 PM) ajayvee: sure would be happy if our VIX calls went to 33!
(3:19 PM) tomthetrader: yes
redliontrader: Sold 10% QID in IRA @ 33.74
(3:19 PM) tomthetrader: hedges are good ...but with FED day all you can do is hope sometimes
(3:20 PM) ajayvee: do we hold DDM overnite?
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(3:21 PM) tomthetrader: we may have to take our losses at the close
(3:21 PM) tomthetrader: and go short as planned ...a LOT OF TIME REMAINS
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(3:23 PM) ajayvee: breakeven would be nice now
(3:24 PM) redTest: y that QID hedge worked perfect
(3:24 PM) tomthetrader: realized a fewK is good ...just workingoff the unrealized...could save it for Christmas or sell it for a tax loss
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(3:26 PM) tomthetrader: taxes are a huge consideration as well as if you can carry a losing trade for months ...all things we don't do here
(3:26 PM) DE_TTT: Market makers must make a killing on FOMC Day
(3:26 PM) tomthetrader: yes..get everyone 2-3x normal !
(3:27 PM) ajayvee: brokers are the real winners
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(3:27 PM) PremR: fulkdaddy: i hear Paul Desmond of Lowry will be on CNBC at 3:30pm.
(3:28 PM) stevefl_64: still in DDM or QID?
(3:28 PM) tomthetrader: sold QID in DDM
(3:29 PM) stevefl_64: sold ddm and QID is that what you wrote?
(3:29 PM) stevefl_64: was disconnected for along while
(3:30 PM) jbljudy: Sold QID still in DDM
(3:30 PM) ajayvee: out of QID, still in DDM
(3:30 PM) tomthetrader: where did I write that ?
(3:30 PM) stevefl_64: looks like just QID per website
(3:30 PM) stevefl_64: see you are in DDM good still have too thanks you much
(3:31 PM) stevefl_64: had to run to Starbucks to connect
(3:31 PM) stevefl_64: Comcast is terrible
(3:31 PM) stevefl_64: LOL
(3:31 PM) tomthetrader: glad you could get a cafe latte with the DDM
(3:31 PM) stevefl_64:
(3:31 PM) eman11: LOL
(3:32 PM) stevefl_64: really needed Thomass vodka
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(3:33 PM) eman11: SPX fighting to get over 900
(3:34 PM) tomthetrader: yes VWAP 901
(3:34 PM) tomthetrader: needs to close above
(3:34 PM) tomthetrader: NYA / NYSE been up strong all day with NAZ and RUT but Rut and Dow really tailed
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(3:36 PM) eman11: Where's PPT when we need them?
(3:37 PM) PremR: i think PPT only looks at Goldman's position before acting
(3:37 PM) Freezinalberta: could not log in thru ttt had to go thr xpress
(3:38 PM) Freezinalberta: tom still here?
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(3:41 PM) Freezinalberta: Anybody here?
(3:42 PM) ajayvee: yeppers
(3:42 PM) Freezinalberta: txs aj
(3:42 PM) eman11: y
(3:42 PM) tomthetrader: Lowry's says below 660 ...yikes
(3:42 PM) ajayvee: looks like they're starting the trip today!
(3:43 PM) tomthetrader: No help on FED day ...pretty much got the rally in and the selloff after in one day
(3:43 PM) tomthetrader: still will have a + a/d and A/D volume with - Dow only usually very bullish
(3:43 PM) redTest: this is one for the books..
(3:44 PM) jaxbrown22: Looks like Fed Day was "Buy the rumor---Sell the news"
(3:45 PM) arak99: hold the VIX calls after close?
(3:45 PM) ajayvee: so tomorrow should be a correction up
(3:45 PM) Freezinalberta: hold ddm?
(3:45 PM) hibuck2: I think they might be scared about Benanke getting Axed
(3:45 PM) csu30: I'm getting positve divergences in some of my 60 minute charts
(3:47 PM) Freezinalberta: good call fxi
(3:47 PM) desertone: Ben will not get Axed, if there is someone for that honor it is Timmy boy
(3:48 PM) PremR: i think dow laggard because of boeing...i understand it is down 5%+
(3:48 PM) tcb66: Aruj - Where are you looking to get long on the bonds?
(3:48 PM) tomthetrader: sell 10% DDM at the close
(3:49 PM) tomthetrader: sell 10% now and at close
(3:49 PM) hibuck2: 27.71
(3:50 PM) tomthetrader: 27.73
(3:50 PM) tomthetrader: 27.711
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(3:50 PM) tomthetrader: sold 10%
(3:50 PM) tomthetrader: will sell another 10% MOC
redliontrader: Selling 10% DDM @ 27.73
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(3:52 PM) tomthetrader: JUST IN THE WRONG INDEX ...I WILL TAKE THE BLAME FOR THAT
(3:53 PM) tomthetrader: plain and simple ..any other index we were OK
(3:53 PM) berniectx: see everyone tomorrow be careful thanks Tom
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(3:53 PM) tomthetrader: Just theDOW Hurt us
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(3:53 PM) tomthetrader: Thank you Bern...you had the perrfect idea this a.m. short 910 spx ?
(3:54 PM) berniectx: too bad I did not, had crap day but tomorrow new day
(3:54 PM) tomthetrader: yes....we will probably be very active tomorrow
(3:54 PM) redTest: tomorrow news 8:30AM Jobless claims & GDP
(3:55 PM) tomthetrader: Big market moving data is right RED
(3:55 PM) tomthetrader: for those not wanting toREALIZE losses in DDM ...you cqan roll the dice on the eco data being strong
(3:56 PM) tomthetrader: when was the last time DOW finished Down .5% and Naz finished up2%
(3:56 PM) ajayvee: I'm breakeven between realized gains and unrealized losses, so gonna roll the dice for tomorrow
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(4:01 PM) ajayvee: and that was because of BA
(4:03 PM) ajayvee: 900 held on the SPX
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(4:04 PM) netherbow1: nite TOM and everyone - thxs for posts
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(4:04 PM) jaxbrown22: Am up on Tom's great FCX call so will stay with some DDM for a bounce???
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(4:05 PM) redTest: I printed 27.67 at the close for DDM.. anyone get any other numbers?
(4:05 PM) ajayvee: although many indexes closed green, it was a down day after the announcement, so I'm thinking at least the morning tomorrow should be up.
(4:06 PM) jaxbrown22: 27.71 @4:03
(4:06 PM) ajayvee: I'm showing 27.70 as the close
(4:08 PM) redTest: ok.. i putting in 27.70
(4:08 PM) stevefl_64: 27.70 fine
(4:08 PM) jaxbrown22: DDM most of volume from 2:15 most of it down
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(4:09 PM) tomthetrader: yes...again out of all 2x long ETF's we had the only loser
(4:09 PM) tomthetrader: That will be the last time that happens !
(4:09 PM) tomthetrader: it is bad when you are right and lose money ...makes it worse
(4:10 PM) ajayvee: 17 of 30 Dow stocks up. BA the big loser
(4:11 PM) tomthetrader: BA down 2 days in a row 20% drop ?
redliontrader: Out 10% DDM @ 22.71
(4:11 PM) tomthetrader: off highs
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(4:13 PM) arak99: Shorting the close ES 897.5
(4:14 PM) jaxbrown22: Tom Take a look a chart of SPX Dow and Nas --exactly the same trajectory--only displaced about 1% each
redliontrader: Up $1727 in portfolios today despite DDM losses and POT.. that is great trading
(4:15 PM) tomthetrader: Yes ....good point JAX ...I keep saying TOM BUY STRENGTH SELL WEAKNESS and I SCREWED UP ..plain and simple
(4:15 PM) tomthetrader: great call bad instrument
(4:16 PM) arak99: Futures would be better Tom
(4:16 PM) tomthetrader: 27.73 seems the average now
(4:16 PM) tomthetrader: Yep
(4:16 PM) tomthetrader: anything but DOW anything
(4:16 PM) arak99: Dow Transports are still +ve for the day
redliontrader: Traders: 12% Long DDM, 4% Short VIX (20 Contracts)
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(4:16 PM) tomthetrader: I fell into a DDM trapt...would have even been better off in BGU
redliontrader: Main: 100% Cash
redliontrader: IRA: 100% Cash
(4:17 PM) tomthetrader: Thanks for all your help red
redliontrader: Correction: Traders 22% Long DDM, 4% Short Vix (20 Contracts)
(4:17 PM) arak99: Tom, short the close call if off ? I may have to take this off once the futures opens again at 4:30PM if that is the case
(4:18 PM) tomthetrader: Heebner Buying GS and MS as a Large part of his portfolio
(4:19 PM) tomthetrader: SPY even up a % we could have traded that more safely and profitable
redliontrader: Gains over last 5 days = $30,749
(4:19 PM) tomthetrader: damn it guys..we will make it back ..my bad on this one . had tunnel vision
(4:20 PM) tomthetrader: Red there to comfort me !
(4:20 PM) ajayvee: I think Dow catches back up tomorrow
(4:20 PM) stevefl_64: dont worry about. dow up 300 tomorrow
(4:20 PM) tomthetrader: NKE down big
(4:21 PM) Todd5566: I am looking forward to see the market in the following days, all cash now too
