(8:02 AM) Alert: This is a G rated room intended for a General Audience including minors. Offensive language is not permitted.
(8:02 AM) Alert: Hi , Welcome to TTT
(8:03 AM) ajayvee: g'morning ttt'ers. what's got the markets in a tizzy this morning?
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(8:40 AM) tomthetrader: oil growth and the h and s top
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(8:40 AM) tomthetrader: edz now
(8:41 AM) tomthetrader: need to get back in edz
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(8:47 AM) bitterwind4: showing up .86
(8:47 AM) bitterwind4: is the entry good here?
(8:47 AM) bitterwind4: 15.96
(8:48 AM) tomthetrader: 15.10 close ...i would wait for a better entry
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(8:49 AM) bitterwind4: will watch
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(8:50 AM) tomthetrader: should be able to get any 2-3 x short world etf
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(8:50 AM) tomthetrader: even brazil japan etc
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(8:51 AM) bitterwind4: maybe should have gone to bed with one
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(8:57 AM) Fulkdaddy: Helene, Dick Arms and Jason Leavitt are bearish
(8:57 AM) Fulkdaddy: Three pretty good minds who are swing traders
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(8:58 AM) tomthetrader: Are you back to a normal position dave or short more ?
(8:58 AM) Fulkdaddy: I added some shorts at 2:00 pm yesterday and at the close, started some small positions in Healthcare and Biotech
(8:59 AM) bitterwind4: is GS in trade longe on pullbacks into tuesday
(8:59 AM) tomthetrader: long health / bio ...short overall
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(8:59 AM) Fulkdaddy: yes...30% short
(9:00 AM) Fulkdaddy: net short
(9:00 AM) tomthetrader: thanks
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(9:11 AM) bitterwind4: thanks for morning up date. will sit tight and see how the day evolves
(9:11 AM) redTest: rjlIanas 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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(9:16 AM) Fulkdaddy: gm
(9:16 AM) ajayvee: g'mornin
(9:16 AM) sttteve: gm
(9:16 AM) csu30: GM
redliontrader: gm
(9:16 AM) netherbow1: gm
(9:16 AM) derr11: gm
(9:17 AM) hibuck2: gm
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(9:23 AM) ajayvee: has anyone found out when NCTY reports?
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redliontrader: esman_6 and trader_75 please respond to my SuperIM
(9:26 AM) bitterwind4: what kind of GS pb might we be looking for a refill
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(9:29 AM) bitterwind4: thanks for the sage advice....today on GS
(9:30 AM) Fulkdaddy: I agree on GS, it appears to be breaking down
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(9:31 AM) arujunaa: bond update: sold my 25% long tyu9 at 118.50 (from 117.75). 10s 3.33%
(9:31 AM) JR Roden: I missed the earlier comments, where are we expecting GS to go today?
(9:32 AM) Fulkdaddy: Jr, avoid GS
redliontrader: If you are not a member here please go to : http://www.ttthedge.com/2009/05/want-to-trade-live-with-pros.html and sign up for our free trial..
(9:32 AM) ajayvee: how's the back?
(9:32 AM) JR Roden: Thx. I made some nice $ off a GS short earlier this week.
(9:32 AM) tomthetrader: horrible
(9:32 AM) tomthetrader: have to get some shots Monday
(9:32 AM) tomthetrader: Thanks for asking ..casnnot sit
(9:33 AM) tomthetrader: have to stand or lie down
(9:33 AM) tomthetrader: so not good
(9:34 AM) ajayvee: I hate it, very uncomfortable
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(9:35 AM) hibuck2: Yhoo strong
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(9:37 AM) ajayvee: techs having a strong open, Q's and Naz
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(9:39 AM) JR Roden: TTT - here are a few ideas for the back - A) find a good chiropractor, B) my wife had some good luck strengthening her back using the Wii Fit game, C) I had a friend who had good luck strengthening his back using exercises from a book called "ProdBodX" which stands for "Proper Body Exercises".
(9:39 AM) rjllanas: the wii is the best
(9:40 AM) bitterwind4: they bought the dip which seemed v short.... Naz some strength this AM
(9:40 AM) JR Roden: oops that book was ProBodX
(9:40 AM) Fulkdaddy: I had back troubles for 10 years..then I got serious about strengthening the lower back muscles...five years later and almost no issues
(9:41 AM) Fulkdaddy: Even though the Doc's say I have "degenerative disks" and a bunch of other things that sound unrecoverable from
(9:41 AM) Fulkdaddy: Also, lots of stretching
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(9:42 AM) redTest: esman_6 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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(9:46 AM) redTest: Hi Trader75... this is redliontrader
(9:47 AM) Fulkdaddy: Hi red
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(9:48 AM) tomthetrader: the 2 herniated discs make it troublesome for p.t. so either surgery ..ughhh or rest ughhh
(9:49 AM) Fulkdaddy: My dad cured his herniated disk by leaning against the counter in our kitchen for several months...stretching out the vertebrae so the disk could slide back into place
redliontrader: This market is split in two.. Nasdaq vs. the rest of the market
(9:50 AM) tomthetrader: i did the same dave and had little problems until over work and lack of exercise set me up for this...my back injuries from car accident after 87 crash .....
(9:50 AM) Fulkdaddy: You can do it, Tom...try good ole' fashion hard work before going under the knife
(9:50 AM) jbljudy: Thanks, Dave, I was just going to email Tom about your dad.
(9:50 AM) tomthetrader: yes...will do everything...1 have to get it quiet ...right now way to painful
(9:51 AM) jbljudy: Start slow.
(9:51 AM) tomthetrader: red ...market is really flat and i see no edge here ...anything telling you different
(9:51 AM) Alert: GM Bankruptcy hearing LIVE NOW News Talk Online in the Radio/TV Section
(9:52 AM) Todd5566: I am glad I loaded INTC at the end of yesterday
(9:52 AM) tomthetrader: thanks Judy...on my back this weekend then next week slow but sure
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redliontrader: split personality
(9:52 AM) tomthetrader: yes
(9:52 AM) tomthetrader: they want to buy some value and growth
(9:53 AM) tomthetrader: don't want to sell all ....but will if bad nes comes
(9:53 AM) Todd5566: Tom, you can try Chinese acupuncture for your back
(9:53 AM) Fulkdaddy: On the hourly, we have broken to the downtrend line from the high last Wed.
(9:53 AM) tomthetrader: yes...many say it works
(9:53 AM) Fulkdaddy: Breakout or fakeout? It looks promising
(9:55 AM) tomthetrader: 870.00 key ...do not want to play the chartist ...as the golden cross and h and s top and all the others are just failed set ups ..earnings and the econ0omy
(9:56 AM) tomthetrader: will run us into a big 4th quarter ...so shorting long term ....60 days mat be ok from 900
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(9:57 AM) redTest: BGZ trading like TF today.. prices jumping all over the place.. maybe my station?
(9:57 AM) rjllanas: GMGMQ UP UP UP
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(10:02 AM) tomthetrader: lots of action
(10:03 AM) bitterwind4: My biggest complaint about charts.....they are self fulfilling....but new etc trumps
(10:03 AM) bitterwind4: news
(10:03 AM) tomthetrader: yes
(10:03 AM) tomthetrader: once in awhile the news will fulfill the charts
(10:04 AM) tomthetrader: most of the time charts are rear view not forward looking
(10:04 AM) bitterwind4: world plays S and R etc levels on chts
(10:04 AM) tomthetrader: but add in ta indicators and fundies and you keep your odds high wins
(10:05 AM) bitterwind4: and TLines etc
(10:05 AM) tomthetrader: would like a decent position in a world short for fall
(10:05 AM) tomthetrader: pick up some weekly
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(10:06 AM) tomthetrader: think we will have one more event ...probably geopolitical
(10:07 AM) tomthetrader: tape is setting up alot like 87
(10:07 AM) hibuck2: for a crash ?
(10:08 AM) tomthetrader: yes ...with a long sustained rebound...no one will want to buy for years
(10:08 AM) tomthetrader: set up a 87-99 run
(10:08 AM) tomthetrader: then i retire ....
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redliontrader: SPX max pain for july options = 900
(10:14 AM) tomthetrader: xhb
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(10:18 AM) Harrod_t: Oh Yes, There is still one in my wife's Credit Union.
(10:19 AM) bitterwind4: GLW more movement today.... was tradeable
(10:19 AM) tomthetrader: Thank you
(10:19 AM) tomthetrader: GLW a play on XMAS and Big screens
(10:20 AM) jaxbrown: Tom: Any sense of GS into the close? Tight stop or let it run?
(10:20 AM) jaxbrown: INto Tuesday?
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(10:23 AM) billbTN: Hi-been gone for a while this am. went long premarket 872-nice surprise when i got back
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(10:40 AM) bitterwind4: bears stepping it up a bit
(10:41 AM) Todd5566: maybe not a bit
(10:42 AM) tomthetrader: gs and overall market kinda dislocated like we spoke ...no major edge ...bulls and bears even with bears making move to dominance if 870 spx breaks
(10:44 AM) tomthetrader: PFN for you IRA traders
(10:45 AM) bitterwind4: GS fairly smooth today. a pullback, test and now higher. No jank
(10:46 AM) bitterwind4: dow testing lod but holding so far
(10:48 AM) tomthetrader: pretty normal pre earnings week
(10:48 AM) tomthetrader: no surprises
(10:48 AM) hibuck2: $PCRCO .93
(10:48 AM) hibuck2: $TNX 33.03 3.30
(10:48 AM) tomthetrader: DOW ...we should not even quote anymore...1st time in my life I can truly say it is 100% irrelavant
(10:49 AM) hibuck2: $TRIN 1.84 $TRIQE .76
(10:49 AM) tomthetrader: I am in favor of a ALL ISSUES TRADED AIT 2x ETF
(10:49 AM) hibuck2: $SPX 879.47
(10:49 AM) tomthetrader: anyone want to get in with me ?
(10:50 AM) hibuck2: NYSE A/D -597
(10:50 AM) tomthetrader: AIT would be equal weighted like Our ZUPI
(10:50 AM) tomthetrader: unweighted all stocks that tradeon all exchanges NO ETF's
(10:51 AM) bitterwind4: TZA BGZ mid range on day....EDZ DXD ditto
(10:53 AM) tomthetrader: Like to see a big rally once today to get at lest some hedges
(10:57 AM) tcb66: This strength in bonds is surprising...Wednesday seemed like a top near term. What's this telling us.....deflation still out there?
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(10:59 AM) arujunaa: imo this phase of the rally is telling us that the market is massively short. but the realisation that this greenshoots stuff is crap was the catalyst
(11:00 AM) hibuck2: SFO magazine had good article page 69 "History Repeats Itself" ,Obama doing same as Roosevelt do anything hope something works!!
(11:00 AM) hibuck2: july issue
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(11:05 AM) tcb66: Aruj - Do you have an upside target for this rally?
(11:06 AM) arujunaa: resistance for today is 119.0625, 119.28125, 119.65625 on tyu9
(11:07 AM) arujunaa: i got out of longs too early this morning but i have a root canal scheduled!
(11:09 AM) arujunaa: using round #s, i wouldn't short this until close to 122 handle on usu9
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(11:12 AM) arujunaa: one other thing to note: no auctions for 2 weeks.
(11:12 AM) arujunaa: tlt on fire
(11:12 AM) tcb66: Thx Aruj...I thought after the tepid 30 yr auction yesterday we wouldn't see a big move up today but I guess so did everyone else and they are feeling the pain today. Good luck with that root canal!
(11:13 AM) arujunaa: thanks!
(11:14 AM) arujunaa: we're so overbought. but it doesn't matter right now. but it will. especially if tom is right about a stock rally next week. that's when we should be aggressive on the buyside if we see a selloff in bonds
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(11:22 AM) tcb66: PPI and CPI next week Tuesday and Wednesday as well......I would expect those to confirm the view that inflation is not immiment and send rates lower
(11:22 AM) tomthetrader: stock market rally next week has 288 dimensions ...all earnings ! 900 SPX would hurt short 820 SPX hurt longs ..I said maybe we go sideways 870 spx
(11:23 AM) tomthetrader: I was short term few hours into TBT but said TLT is the way to go until this Head and shoulders ends ...which may end soon
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(11:25 AM) tomthetrader: GMGMQ ...how many think the 30% gain is real...EVERYONE SAID IT WAS WORTH 0
(11:25 AM) tomthetrader: VWAP taken out here ?
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(11:26 AM) netherbow1: Looks like POT negotiated a bad price with China ? freefall
(11:27 AM) netherbow1: not involved thankfully
(11:27 AM) tomthetrader: KASS Long 875 SPX for those whom follow him
(11:27 AM) tcb66: Aruj - Do you get your resistance levels off the charts or do you calculate pivot levels?
(11:28 AM) tomthetrader: He thinks sentiment has shifted enough to be long again
(11:28 AM) netherbow1: what do you think TOM? any buys ?
(11:28 AM) tomthetrader: POT ...correct...not a good environment
(11:28 AM) tomthetrader: only BUY is short emerginjg markets
(11:29 AM) tomthetrader: I think
(11:29 AM) tcb66: Kass is typically early on his calls
(11:30 AM) tomthetrader: GS upgrades DELL and down grades IBM ...must want to load up on IBM and dump some DELL ?
(11:31 AM) bitterwind4: Tom u had mentioned EDZ pre mkt.....did you ever buy
(11:31 AM) tomthetrader: Upgrades in Tech keeping the boat afloat
(11:31 AM) tomthetrader: could it be a setup /
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(11:32 AM) tomthetrader: No price jumped up too quick and cpould not get a good position
(11:32 AM) tomthetrader: EDZ very good but we will find something before 4pm
(11:33 AM) dhmohan1963: look at AIG it is running opposite to market could it be quick trade
(11:33 AM) tomthetrader: AIG has a parabolic downside chart
(11:33 AM) arujunaa: tcb: both. various sources and techniques.
(11:34 AM) tomthetrader: coin tosses ever Aruj ...?
(11:35 AM) tomthetrader: magic 8 ball
(11:35 AM) arujunaa: all the time tom!
(11:35 AM) billbTN: out of my long at 880, short at 879
(11:35 AM) tomthetrader: breaking overnight lows and want to retest 870 before earnings
(11:36 AM) bitterwind4: DYY 14 day lows.. continuing slide fron June 6
(11:36 AM) tomthetrader: yes...setting up another trememndous buy opp
(11:37 AM) bitterwind4: will watch
(11:37 AM) tomthetrader: DBA DAG and DYY strong dollar killing inflation / commodities
(11:37 AM) tomthetrader: ]Dollar is the key
(11:37 AM) tomthetrader: today strong killing markets
(11:38 AM) tomthetrader: except n. america domestic utitlies /
(11:41 AM) bitterwind4: dag
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(11:44 AM) azags: Hi Tom. I have been away from the computer buy I had a limit order to buy qid this am at 34.40 which was hit because I was naked july qid calls. I still think we can briefly pop either today or Monday but I needed to be hedged and let option premium decay until next Friday
(11:45 AM) azags: happy I sold dig gs qld and bgu yesterday with the runup
(11:46 AM) tomthetrader: Yes
(11:46 AM) tomthetrader: Good trading
(11:50 AM) tomthetrader: Just a note ...If I thought there was a rally coming next week I would be long in Traders ! So make sure you check the portfolios if you think I think a rally is near
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(11:51 AM) tomthetrader: we ahve TRADERS 1-5 days 100% cash ...would you say I expect a rally ?
(11:51 AM) tomthetrader: I will buy some long US and short the world soon ....but to say I expect a rally is a stretch
(11:54 AM) bitterwind4: USD held yest lows after falling below for a bit
(12:07 PM) tomthetrader: In stocks ...in Bonds and commodities I am looking at the dollar for clues
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(12:07 PM) tomthetrader: we will go into one subsection of all these areas soon
(12:08 PM) tomthetrader: Tim Knight going VERY LONG USO OIL
(12:08 PM) tomthetrader: Lots of Traders today taking STUPID positions for a FRIDAY
(12:09 PM) tomthetrader: Aruj ..smartest guy I know...took a profit and went to the beach /
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(12:12 PM) azags: Tom , Santa just delivered you an early Christmas present
(12:12 PM) bitterwind4: well someone has to keep u company.
(12:13 PM) tomthetrader: Santa is in the House ?
(12:13 PM) arujunaa: tcb: i have 118.78125 on tyu9 & 116.5625 on fvu as pivots now. may try a day short
(12:14 PM) arujunaa: tom, a root canal does not equal the beach.......
(12:14 PM) tomthetrader: Thank you Santa ...I will be good for 6 more months !!!!!
(12:15 PM) tomthetrader: Ouch...is it over Aruj or are you going /
(12:15 PM) arujunaa: going.
(12:15 PM) tomthetrader: POOP ..good luck ....don't let them ruin your weekend
(12:17 PM) arujunaa: the upside is that i get vicodin
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(12:18 PM) Alert: The US secretary of the treasury's congressional testimony is on LIVE NOW on News Talk Online in the Radio/TV Section [Free Video]
(12:19 PM) azags: It looks like you can't establish positions more the 1-2 days or your profits are reversed
(12:19 PM) tomthetrader: We are all behind you....maybe a good looking nurse and lots of pain pills will ease the pain...
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(12:20 PM) tomthetrader: Zags you are a man amongst men...Thank you !
(12:20 PM) tomthetrader: Zags...that is the key...markets will not allow any HOLDS
(12:21 PM) azags: thanks Tom. I told you I need trolley fare to Italy Dubai and then to India
(12:21 PM) tomthetrader: they will knock you out...short mhas been better than long of couse the last 3 weeks but still ...3 months of sideways in my opinion
(12:22 PM) tomthetrader: well lets get a good trade in before you leave us again...I think you must visit Poland in your Vector Vest sweats ?
(12:22 PM) netherbow1: can't you just use a transfer AZAGS - our subways give them out for free -
(12:22 PM) tomthetrader: Thomas visit ?
(12:22 PM) netherbow1: AAPL green all day
(12:24 PM) azags: I have to deliver medicine to Thomas. It is called syrup of Vector Vest
(12:24 PM) tomthetrader: yes ...he drinks everything else but !
(12:24 PM) tomthetrader: NQ futures a ROCK all day
(12:25 PM) tomthetrader: many entering long on every dip pre earnings
(12:25 PM) netherbow1: maybe you can pickup the CD of Christmas tunes for resale when you visit?
(12:25 PM) azags: I may try to trade his Seiko for my two headed coin that tells me market direction
(12:26 PM) tomthetrader: Get That Seiko ! stay away from his leotards though..too cute on his motorcycle ?
(12:26 PM) netherbow1: heads you win , tails he loses ?
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(12:27 PM) tomthetrader: yes...
(12:27 PM) bitterwind4: went to the SlopeOfHope interesting ....TKnight
(12:27 PM) thomas_Poland: my name showed up .. must be boring day
(12:28 PM) thomas_Poland: or Zags with his love ... sorry Zags .. and stop calling me .. I will never leave my wife
(12:28 PM) tomthetrader: Yes..picking on you ...any new news ..or shopping for something special for the weekend photo shoot ?
(12:28 PM) thomas_Poland: no I am starting in casting for a porn movie
(12:28 PM) tomthetrader: Web Cam weekend for TTT from Gdansk ....BRUNO / ?
(12:29 PM) thomas_Poland: Si
(12:29 PM) thomas_Poland:
(12:29 PM) tomthetrader: RUT NQ acting well ..Friday trading pre opex
(12:29 PM) thomas_Poland: and this is my photo from portfolio
(12:29 PM) tomthetrader: can you believe another options expiry /
(12:30 PM) tomthetrader: Kass says market closes Green let's join in with ES futures longhere
(12:30 PM) tomthetrader: Buy 10 contracts ES at 12:30pm
(12:31 PM) tomthetrader: stop 5 points back
(12:31 PM) tomthetrader: ES Fills
(12:31 PM) tomthetrader: SSO fills
(12:31 PM) tomthetrader: we will go 25% long SSo
(12:31 PM) tomthetrader: SSO too
(12:31 PM) tomthetrader: stops OK 2%
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(12:31 PM) tomthetrader: we will play
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(12:33 PM) tomthetrader: TNA can be used as well as BGU
(12:33 PM) billbTN: ok, I'm in for 4 es
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(12:38 PM) azags: just sold 5000 qid at 34.87 that I bought this am at 34.4
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(12:39 PM) netherbow1: long BGU 29.19
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(12:42 PM) tomthetrader: are we in
(12:42 PM) tomthetrader: lost contact
(12:42 PM) tomthetrader: put stops at 1% trailing in SSO and .5% ES
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(12:43 PM) azags: oops I didn't get a complete fill on my qid at 34.87 to sell
(12:43 PM) tomthetrader: anyone get long ESU9
(12:43 PM) eman11: y
(12:44 PM) tomthetrader: OK ...let's play with the houses money into the close OK
(12:44 PM) tomthetrader: stops break even
(12:46 PM) bitterwind4: no es, but in BGU29.21
(12:48 PM) tomthetrader: E what was your ES fill long ?
(12:48 PM) tomthetrader: no one posted and SSO was not posted so RED cannot track unless we post
(12:48 PM) eman11: 872.75
(12:49 PM) hibuck2: sso 23.66
(12:49 PM) tomthetrader: Thank you
(12:49 PM) tomthetrader: 23.63
(12:50 PM) tomthetrader: 872.00
(12:50 PM) bitterwind4: SSO was a fill same time 23.66 but did not take
(12:50 PM) bitterwind4: for me
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(12:51 PM) azags: I had to sell the rest of my qid at 34.7 that I bought this am at 34.4
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(12:54 PM) tomthetrader: sell our AMR at 4.12 to lock in Profits there
(12:55 PM) azags: you still have glw and T
(12:55 PM) Todd5566: I missed the AMR today, should buy it this AM when I thought about it
(12:56 PM) tomthetrader: Yes,, GLW and T til Xmas ..Santa
(12:56 PM) tomthetrader: will add more
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(12:59 PM) azags: Larry McMillan the options guru expects bulls will try a rally that will not be robust and then a downside breakout to occur
(12:59 PM) tomthetrader: stop at b.e.
(12:59 PM) tomthetrader: I agree Zags..he is a good guy
(1:00 PM) tomthetrader: AMR options
(1:00 PM) tomthetrader: very good surrogate to stock
(1:01 PM) tomthetrader: 11K OI
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(1:03 PM) tomthetrader: AMR earnings WED ..shorts may go through hell and back
(1:04 PM) tomthetrader: Stay long in options cut risk ..AMR to 10.00 again
(1:05 PM) azags: if ndx closes above 1423, I will reverse my longs and buy 40 million qid, dxd and sds
(1:12 PM) hibuck2: RU looking at AMR AA jan 010 5.00 @ .75 .85
(1:18 PM) tcb66: Crude trying to put in a reversal day
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redliontrader: http://politicalcalculations.blogspot.com/2009/07/noise-and-signal.html
(1:20 PM) tomthetrader: looks like a dull day just got exciting
(1:20 PM) Fulkdaddy: Zags, why will you short on a close above 1423?
(1:20 PM) redTest: if anyone has time, if they could read this entry and explain that last chart to me it would be helpful
(1:20 PM) redTest: I think we might reverse here
(1:21 PM) tomthetrader: Red reverse up or reverse down
(1:21 PM) redTest: back down
(1:22 PM) tomthetrader: I cannot get to your link...thanks on your view on reversal back down...could be a wild p.m.
(1:22 PM) redTest: SSO has D-Top at 23.85ish .. let's see
(1:23 PM) tomthetrader: Thanks ...really interesting day shaping up....many BIG decisions made into the close
(1:24 PM) tomthetrader: I thought it would be a snoozer but Traders are active
(1:24 PM) tomthetrader: Tim Knight on the OIL reversal up is Bullish ( look out !)
(1:25 PM) tomthetrader: 23.75 stop SSO OK RED
(1:25 PM) azags: Dave I think this long move will be weak. I have been long since the close of 7-7-09 with ndx at that time at 1404.78 but will close out my longs today with a little pop. I go on short term momentum
(1:26 PM) redTest: yes have it
(1:28 PM) eman11: Is the stop on ES also moved up?
(1:29 PM) redTest: that is weird that Paltalk blocks that site.. it is legit and safe.. you can cut and paste it directly into a browser..
(1:29 PM) tomthetrader: es break even e
redliontrader: SSO Stopped 23.75
(1:30 PM) tomthetrader: stpped sso
(1:30 PM) eman11: Thanks
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(1:36 PM) hibuck2: INTC under 16. @15.92
(1:36 PM) tomthetrader: Market still looks strong in RUT and Q's
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(1:37 PM) tomthetrader: very good trading p.m. as natural battle lines laid
(1:37 PM) tomthetrader: I like it
(1:37 PM) tomthetrader: AMR hit 4.17
(1:37 PM) tomthetrader: BULL
(1:38 PM) tomthetrader: in amr
(1:38 PM) tomthetrader: cal a great airline play
(1:39 PM) tomthetrader: CAL a $20 stock ...
(1:39 PM) tomthetrader: 2010
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(1:39 PM) tomthetrader: hard to see lower when these heavies are breaking out trannies
(1:40 PM) tomthetrader: WERN breaking out
(1:40 PM) tomthetrader: can we get a + 2nd Quarter GDP ? not 3rd but 2nd ?
(1:42 PM) tomthetrader: 2000 shares of UWM at 17
(1:43 PM) netherbow1: in UWM 17.03
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(1:44 PM) tomthetrader: stop 16.79
(1:44 PM) eman11: 17.04
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(1:57 PM) bitterwind4: my stop bgu is 29.50
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(2:08 PM) tomthetrader: thanks....looks like a heavyweight fight here into the close ..hedgies sold will smart money buy or sell at 3pm ....
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(2:19 PM) bitterwind4: watching dt line on EDZ 1min
(2:20 PM) Todd5566: It seems like a small rally at the end of the day
(2:20 PM) netherbow1: Did you have a buy on FAST TOM?
(2:21 PM) bitterwind4: dt line EDZ has held it all day
(2:22 PM) bitterwind4: is holding higher low so far on bounce
(2:23 PM) bitterwind4: bought ot .72
(2:23 PM) bitterwind4: it
(2:30 PM) tomthetrader: still green in q's ...will it last ....
(2:33 PM) bitterwind4: jank
(2:33 PM) hibuck2: NYSE A/D -585
(2:34 PM) hibuck2: $PCRCO .87
(2:34 PM) hibuck2: $TNX 32.95 3.29
(2:34 PM) hibuck2: $TRIN 2.10 $TRIQE .92
(2:34 PM) hibuck2: $SPX 876.81
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(2:35 PM) hibuck2: $RUT 479.01
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(2:43 PM) hibuck2: $RUT 479.29 green green
(2:43 PM) netherbow1: TOM I am in VIT higher , they finally priced a secondary at 11 and so far its holding over 11 , if it holds over secondary price is it an add ?
(2:47 PM) bitterwind4: had to buy the morning11:30 lows to make it work today
(2:48 PM) netherbow1: thxs - thinking longer than daytrade - just wondering value - need to aver down sometime
(2:49 PM) netherbow1: will wait for lower another day then
(2:49 PM) netherbow1: thxs
(2:50 PM) tomthetrader: looking hard at gs calls again
(2:50 PM) tomthetrader: july 140.00
(2:51 PM) azags: Tom give me the exact Dow finish today
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(2:52 PM) tomthetrader: may add now ....in case and maybe straddle monday late
(2:52 PM) tomthetrader: bull / bear spread
(2:52 PM) tomthetrader: Zags it will end UNCH 1st time since 2007
(2:53 PM) Todd5566: my guess 1880
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(2:53 PM) Todd5566: 8180
(2:53 PM) azags: to how many decimal points?
(2:54 PM) eman11: Do you plan on selling ES before the close or holding?
(2:54 PM) bitterwind4: had an eye all day on GS
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(2:56 PM) bitterwind4: the premium in the 140's is about 4.60
(2:56 PM) bitterwind4: how good is that for an option with 10 days left in them??
(2:56 PM) bitterwind4: 5.60
(2:58 PM) bitterwind4: actually premium is 4.00 or so as we speak
redliontrader: stalled
(2:59 PM) tomthetrader: yes take DOW out and look at RUT UNCH ?
(2:59 PM) tomthetrader: Q's unch ?
(3:00 PM) tomthetrader: and big earnings Monday /tuesd
(3:00 PM) tomthetrader: SCHW BUY
(3:00 PM) tomthetrader: FAST great short on todays rise ?
(3:00 PM) tomthetrader: NVLS surprise to lead off te h
(3:01 PM) tomthetrader: CSX surprise in Rails
(3:01 PM) tomthetrader: would be huge trannies acting better
(3:01 PM) tomthetrader: LOW LOW VOLUME
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(3:01 PM) ajayvee: traders head to the Hamptons at noon
(3:03 PM) hibuck2: for some coool ones
(3:03 PM) hibuck2: will we go greeeen ?
(3:03 PM) ajayvee: are we holding UWM over the weekend? or MOC
(3:04 PM) tomthetrader: MOC
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(3:05 PM) tomthetrader: sho4rt FAST now ?
(3:05 PM) tomthetrader: Long CSX and NVLS
(3:06 PM) netherbow1: NVLS options or stock TOM?
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(3:07 PM) tomthetrader: options July cheap in the money in and out
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(3:08 PM) netherbow1: thxs TOM
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(3:08 PM) netherbow1: 17.50s?
(3:09 PM) tomthetrader: Yes
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(3:09 PM) tomthetrader: .80
(3:09 PM) netherbow1: thxs
(3:10 PM) tomthetrader: good luck DE wants us to p;lay it so we will blame him if it stinks ?
(3:10 PM) tomthetrader: Right DE ?
(3:10 PM) hibuck2: 3:10 very little movement
(3:10 PM) DE_TTT:
(3:11 PM) bitterwind4: GS lod does a straddle make sense??
(3:11 PM) bitterwind4: is there any reason to be bullish GS
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(3:13 PM) hibuck2: NYSE A/D -553
(3:13 PM) hibuck2: $PCRCO .95
(3:13 PM) hibuck2: $RUT 479.04
(3:13 PM) tcb66: TLT testing high of day and the 10 and 30 yr futures well off their daily high.....hmmm
(3:13 PM) hibuck2: $SPX 876.94
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(3:15 PM) hibuck2: $RUT 479.43 green again
(3:16 PM) netherbow1: NVLS 17.50 not moving at .80 - any other NVLS options you like in here TOM?
(3:18 PM) DE_TTT: Tech EPS Next week....Mon-NVLS, MERX...Tue-INTC,ALTR,ADTN...Wed-ASML,XLNX...Thu-GOOG,IBM,NOK,CY,FCS
(3:19 PM) hibuck2: big block trades on T @ 23.41 and 2
(3:19 PM) eman11: Tom - Selling ES on the close?
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(3:21 PM) azags: i bought and sold bgu and it was a struggle. I bought 3000 bgu at 29.3 and sold at 29.5
(3:23 PM) ajayvee: like UWM, hasn't moved in 2 hours
(3:24 PM) hibuck2: yea AJ can't u do something to get it to pop?
(3:25 PM) ajayvee: I've been yelling at my screen, but that doesn't seem to motivate!
(3:26 PM) hibuck2: use HAMMER
(3:26 PM) hibuck2: a
(3:26 PM) tomthetrader: speaking of the polish hammer ......
(3:27 PM) tomthetrader: no seiko today
(3:27 PM) desertone: InFAST 30 Aug puts @ 1.35
(3:27 PM) hibuck2: WERE is the PPT when u need them
(3:27 PM) tomthetrader: Zags : you need to get one call out of TP today ?
(3:28 PM) tomthetrader: 3;45pm...Geithner busy but I told him we needed 100 points in a huryy
(3:28 PM) tomthetrader: D 1 good play ..best of luck ...I am short the stock and underwater
(3:28 PM) azags: Thomas is not talking to me today because I won't take him to India with me to see the pretty sacred cattle
(3:29 PM) ajayvee: GS keeps working on new LODs
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(3:29 PM) bitterwind4: GS still holding yest lows
(3:29 PM) hibuck2: u would think there would be a little short covering for the weekend
(3:30 PM) Fulkdaddy: RUT showing RS...tells me we may rally into the close a bit
(3:30 PM) bitterwind4: which was a good gap up
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(3:31 PM) bitterwind4: gap was 138.63 to open of140.89
(3:32 PM) bitterwind4: is now 141.37
(3:36 PM) tomthetrader: again I apologize for little audio etc...but can't sit down also apologize about e-mails ...will have my better half send out most tonight
(3:36 PM) tomthetrader: I can't sit !
(3:37 PM) tomthetrader: and can't sing ?
(3:37 PM) tomthetrader: market is doomed
(3:37 PM) tomthetrader: but you all are happy
(3:37 PM) DE_TTT: At least the neighborhood dog will feel safe.
(3:37 PM) tomthetrader:
(3:38 PM) DE_TTT: Meant dogs...all of them!
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(3:41 PM) redTest: good microscalping day
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redliontrader: Tom was just knocked out of the room
(3:42 PM) bitterwind4: GS off lows
redliontrader: there is a lot of people leaving and coming in.. did you get knocked out craig, todd?
(3:42 PM) Todd5566: y
redliontrader: Friday's not good for paltalk...
(3:44 PM) azags: Is Tom a member of this group? Maybe Red bounced him
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(3:46 PM) eman11: LOL
(3:46 PM) hibuck2: high TICK 956.00
redliontrader: never
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(3:47 PM) bitterwind4: out some GS calls
redliontrader: rally!???
(3:47 PM) hibuck2: maybe!!
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redliontrader: wait.. I see tom on paltalk express but not here? Do you guys see tom's post?
(3:48 PM) azags: I took another round trip on bgu. I bought it again at 29.28 and sold it at 29.45
(3:48 PM) hibuck2: TICK 1035.00
(3:48 PM) netherbow1: no , no posts in here now
redliontrader: 3:47 tom posted "DOW is an Ugly Duck" do you see that?
(3:48 PM) netherbow1: from TOM
redliontrader: tome 3:43 goint 100% cash at 4:15
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redliontrader: take ES profits now [tom @ 3:45]
(3:50 PM) eman11: I can't see any of Tom's potsing
redliontrader: I know it is wierd.. Tom relog into paltalk
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redliontrader: I am moving my stops on UWM to B/E
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(3:54 PM) Fulkdaddy: I trader on Fast Money halftime report said a close below 880 is bearish
(3:54 PM) Fulkdaddy: on cash
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(4:00 PM) Fulkdaddy: Just about right on 880...but a touch below
(4:01 PM) azags: I sold uwm at 17.15
(4:02 PM) Fulkdaddy: have a good weekend everyone
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(4:02 PM) desertone: Yes Enjoy yr we all
(4:02 PM) netherbow1: thxs for posts everyone - on to next week but the weekend first!
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(4:03 PM) DE_TTT: Have a great weekend everyone!
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(4:04 PM) ajayvee: i got out of UWM at 17.13
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(4:05 PM) arak99: anyone expecting a gap down on sunday?
(4:05 PM) arak99: chart action is undecided
(4:05 PM) hibuck2: gj aj
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(4:07 PM) ajayvee: only 2 mistakes this week DYY and NCTY, but GS made up for all of that
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(4:17 PM) redTest: tom.. only 1/2 of us can see your posts
(4:17 PM) sttteve: cant see TOM
(4:18 PM) redTest: I marked the ES exit at 876.50.. did you get a different price?
(4:18 PM) redTest: (4:14 PM) tomthetrader: DYY still a good position NCTY ? bad stock
(4:19 PM) redTest: GS may get one more shot at July 140.00 calls in the money?
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