(10:56 AM) Alert: This is a G rated room intended for a General Audience including minors. Offensive language is not permitted.
(10:56 AM) Alert: Hi , Welcome to TTT
(10:57 AM) Pete45: I see u red
redliontrader: I just restarted.. did tom do anything with the ES?
(10:58 AM) Pete45: tomthetrader: stop ES at 944 ...short 10 ES at 936 cover at 944 stops hard
redliontrader: thanks pete
(10:58 AM) Pete45: yw
(10:59 AM) rjllanas: any one get bac short
(11:02 AM) tomthetrader: I did
(11:02 AM) tomthetrader: I love it short from 13.41 22x
(11:03 AM) rjllanas: sweet
(11:04 AM) tomthetrader: E-MINI S&P 500 (ES U9) Last: 933.00 Change: -1.75 Friday July 17, 2009 10:03 CDT
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(11:05 AM) tomthetrader: we will probably reenter a fter lunch
(11:05 AM) desertone: Out of IBM 110 Aug Calls @ 5.80 +3.05
(11:06 AM) tomthetrader: E-MINI S&P 500 (ES U9) Last: 933.25 Change: -2.50 Friday July 17, 2009 10:05 CDT
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(11:06 AM) tomthetrader: D1 you ARE ON fIRE
(11:06 AM) tomthetrader: TREMENDOUS
(11:06 AM) tomthetrader:
(11:06 AM) tomthetrader:
(11:07 AM) rjllanas: 12 86 and heading south whooooooooo hoooooooooo
(11:07 AM) tomthetrader: YES
(11:07 AM) desertone: TY Tom
(11:08 AM) tomthetrader: TY
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redliontrader: we are about where we were y'day, @noon buying started and the rest was history..
(11:32 AM) tomthetrader: 944 ES will be our stops on all shorts and we will continue to target 914-910
redliontrader: this 11:30 sell progam was good
(11:32 AM) tomthetrader: yes a small mchange of character /
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(11:32 AM) bitterwind4: Tom please update your EDZ trade if you can. What index does it follow and why did you pick it. Thank you.
(11:33 AM) tomthetrader: world short 3x
(11:33 AM) arak99: I think we probably go down only for monday and recover again
(11:33 AM) arak99: but agree with your ES level though
(11:33 AM) tomthetrader: I think the world will correct 1-3% in the next 1-5 days
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(11:42 AM) Fulkdaddy: y
(11:42 AM) berniectx: y
(11:42 AM) Fulkdaddy: love it
(11:42 AM) bitterwind4: y
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(11:45 AM) tomthetrader: looking to short ESagain
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redliontrader: weakest ticks since 7/10
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(11:49 AM) tomthetrader: thank you red
(11:51 AM) jaxbrown: Paltalk acting up, back on. TTT what is target for BAC
(11:52 AM) tomthetrader: initial target hit
(11:52 AM) tomthetrader: secondary at 11.89
(11:53 AM) jaxbrown: Thx
(11:53 AM) tomthetrader: ES Quotes anyone want to enter short ?
(11:56 AM) nimesh_: es really weak compared to dow and nasdaq the last 2 days
(11:57 AM) arak99: price level for ES short?
(11:57 AM) arak99: I played it too cute and did not get a fill at 937 in the monring
(11:59 AM) tomthetrader: 930 closing target guys
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(12:00 PM) arak99: ES 930 close or SPX Tom?
(12:02 PM) arak99: I have an order to go short at 936.75 now as I think the possibility of tagging SPX 940one more time is still there
(12:03 PM) tomthetrader: NQ short 10 1516.50
(12:03 PM) tomthetrader: again we will short NQ this time 10 contracyts from 1516.50
(12:03 PM) tomthetrader: stop 1540.00
(12:04 PM) tomthetrader: 1504 target
(12:04 PM) arak99: perfect short setup accoding to ISEE http://www.ise.com/WebForm/md_ise_sentiment_index_stats_hp.aspx
(12:04 PM) nimesh_: how many percent is that?
(12:04 PM) tomthetrader: 25% -40%
(12:05 PM) tomthetrader: depending on your margin / broker
(12:05 PM) nimesh_: ok
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redliontrader: here comes that noon time buying..
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redliontrader: High tick of the day..
(12:07 PM) nimesh_: dow, ndx green, spx is red
(12:08 PM) arak99: BKX is in the deep red
(12:12 PM) tomthetrader: Added 10 more NQ at 1521 same limits
(12:13 PM) tomthetrader: now 20 contracts short in NQ and 100% short in Traders
(12:18 PM) arak99: Amazing new low for VIX 24.05
(12:26 PM) csu30: Final move up looks like an ending wedge/ending diagonal which often are the end of moves that go too far too fast
(12:27 PM) Alert: ====SECURITY BULLETIN!=======
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redliontrader: tricky little b'tards
(12:35 PM) tomthetrader: yes
(12:35 PM) tomthetrader: amazing how everyone now is "into" VIX ..CNBC obsessed with it
(12:36 PM) csu30: The ending wedge appears in the eminis
(12:36 PM) tomthetrader: agree Craig
(12:37 PM) arak99: come on bulls ... give us a rally time and better entries on Es please
(12:37 PM) csu30: Nasdaq eminis
(12:37 PM) tomthetrader: but with opex ? what can you guess /
(12:37 PM) arak99: will the real bulls stand up please
(12:37 PM) tomthetrader: I can't sit so I am stuck !
(12:37 PM) tomthetrader: Back is way to sore
(12:43 PM) csu30: In the 15 minute S&P eminis there appears to be a reverse H&S that projects to around 945 if it confirms
(12:52 PM) tomthetrader: not a pretty site for bears
(12:52 PM) tomthetrader: esp with all the damage done
(12:52 PM) tomthetrader: everyday hastaken a sim pattern ...with eod blastoffs
(12:53 PM) tomthetrader: short covering should be done but i see no real buying long term
(12:53 PM) bitterwind4: same pattern as yesterday and ended movig higher from here starting at 1pm timeframe
(12:55 PM) tomthetrader: 'OIL
(12:55 PM) tomthetrader: OIL
(12:55 PM) tomthetrader: OIL
(12:55 PM) tomthetrader: OIL
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(12:55 PM) tomthetrader: DUG DTO both looking good here
redliontrader: not quite the same b4.. ticks are weaker and not making new highs, unlike y'day
redliontrader: I agree though and I have might hand on the cover button
(12:56 PM) tomthetrader: yes we may take SDS off with a small profit here ?
redliontrader: might? for mine? what is wrong with me..
(12:57 PM) tomthetrader: any opinions since oil acting up?
(12:57 PM) arak99: Are they are sucking in the shorts at the 930 levels to suck in drive it higher next week? The previous shorts in the 920 levels have probably covered leaving no new shorts in the 930s level to drive the tape higher.
(12:59 PM) tomthetrader: I think next week will be the TELL if there are over 2 2-1 + A/d lines it is UP Up and away ...I think we may get 4 down days next week
(12:59 PM) tomthetrader: 4 down days next week
(12:59 PM) bitterwind4: DOW 1 min cht testint the dt line for the day can'tget through it yet
(1:01 PM) bitterwind4: meant DXD
(1:02 PM) tomthetrader: relentless...persistent bid ..hallmark of all Bull markets
(1:02 PM) tomthetrader: someone ALWAYS there to buy
(1:02 PM) tomthetrader: eagerly or not
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(1:03 PM) tomthetrader: a backstop on every support since 666 SPX
(1:03 PM) tomthetrader: 1 8-10 % correction 7 1-3%
redliontrader: I have a neutral "0" 120 minute average on 1 minute ticks.. just skimming the +/- line since noon
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(1:06 PM) tomthetrader: maybe they run it up dow up 50 anf rest of market unch ?
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(1:12 PM) arak99: which stock doubled today?
(1:13 PM) arak99: check CIT
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(1:21 PM) arak99: rally time pls
(1:22 PM) arak99: 666 = devil + 1/2 devil (333) = 999 pure evil. Is that the Gubbermint Sachs plan?
redliontrader: QQQQ's taking off
(1:28 PM) Alert: LIVE coverage of the docking of the space shuttle with the ISS NOW on News Talk Online in the Radio/TV Section [Free Video]
(1:29 PM) netherbow1: STEC follow thru
redliontrader: rut not a player.. hanging back -2:1 on the A/D, n100 +, NYSE close
(1:37 PM) berniectx: my indicators are confused...ES shows collapse soon SPX shows up till 2:30
(1:47 PM) bitterwind4: ES still below yest highs
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(1:51 PM) nimesh_: this market is beyond ridiculous
(1:52 PM) nimesh_: tom, any target for downside next week?
(1:53 PM) tomthetrader: fascinating divergances from the norm
(1:53 PM) tomthetrader: 914 cash SPX
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(1:56 PM) tomthetrader: Call buyer breakout in the past hour ...could be a TOP ?
(1:57 PM) tomthetrader: speculation in tech
(1:59 PM) arak99: ES 938.50 has huge orders stacked up to sell
(1:59 PM) Pete45: Tom –I had sold EDZ at 12.40 and looking to reenter shall I wait of get in now?
(1:59 PM) tomthetrader: Hedgies last chance for the week
(2:00 PM) tomthetrader: SmaRT Money at 3pm
(2:00 PM) tomthetrader: we are in til next week
(2:00 PM) Pete45: k thanks
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(2:22 PM) derr11: Another new high for BRCD
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(2:28 PM) berniectx: am done for the day have a good weekend everyone be careful
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(2:31 PM) tomthetrader: Thanks Bern
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(2:34 PM) tomthetrader: .SWGTQ - SPY AUG 2009 95 Put
3.05 -0.15 ( -4.69%) 3.3 8,586
Last Trade Today's Change Today's Open Today's Volume
(2:34 PM) tomthetrader: Buying 100 in Main fund
(2:35 PM) tomthetrader: again added 100 puts on SPY in the Main Fund 3.05 stop 2.25
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(2:35 PM) arak99: some is buying Sep 50 VIX calls big time
(2:36 PM) tomthetrader: 100 contracts of SPY Aug 95 puts added at 3.05 stop 2.25
(2:36 PM) arak99: check it out guys ... 23K OI, 35K today's volume
(2:36 PM) arak99: is someone expecting a crash?
(2:37 PM) tomthetrader: Protecting all the Billions in gains
(2:39 PM) tomthetrader: MSFT and YHOO near deal
(2:39 PM) tomthetrader: mergers would be fun now for longs
(2:40 PM) dhmohan1963: any of them for play msft,yhoo
(2:41 PM) tomthetrader: Again I want to thank each and everyone for all their support here and we will work 24/7 to get you the best data info and ecucation ..market timing ...ideas on all aspects of investing ..you guys are special
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(2:41 PM) tomthetrader: YHOO biggest upside I guess
(2:42 PM) netherbow1: We all really appreciate everything you do to help us TOM - you go above and beyond - many thxs to you!
(2:44 PM) tomthetrader: you are welcome
(2:44 PM) tomthetrader: QQQTL - QQQQ AUG 2009 38 Put
1.31 -0.17 ( -11.49%) 1.41 9,294
Last Trade Today's Change Today's Open Today's Volume
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(2:45 PM) tomthetrader: adding 100 contracts QQQTL at 1.31 to main Fund
(2:45 PM) tomthetrader: again adding 100 contracts QQQTL to Main Fund stop .99
(2:46 PM) arak99: ES new low for the year
(2:46 PM) arak99: 23.95
(2:47 PM) arak99: sorry VIX
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redliontrader: pc ratios seem low
(3:01 PM) arak99: short ES 936.25
(3:01 PM) arak99: 25% position
redliontrader: whoever "they" is "they" sure no how to pin this market
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(3:14 PM) arak99: are they trying to pin SPX 940 here?
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(3:21 PM) tomthetrader: STEC is the stock of the week ...NAZ index of the week
(3:22 PM) tomthetrader: CHIPS and our man DE Trader of the week ...those chips were the best performing sector
(3:22 PM) tomthetrader: A historic performance
(3:22 PM) tomthetrader: New records broken in dozens of areas for the bulls and the Bears need to forget !
(3:26 PM) tomthetrader: A midget would be looking down at me I am so Short !
(3:26 PM) tomthetrader: let's see if brains over braun works /
redliontrader: lol
(3:27 PM) tomthetrader: Think AAPL has priced in 3 trillion i-phones ?
(3:27 PM) tomthetrader: think IBM was 99% gov't sponsored earnings /
redliontrader: ur qqqqqqqqq put r working great
redliontrader: puts
(3:28 PM) tomthetrader: all companies using cost cutting layoffs and gov't to hold them up ..guess what happens if consumer never comes back 70% of economy
(3:29 PM) derr11: Hold the FXP , EDZ over the weekend ?
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(3:31 PM) tomthetrader: RED let's sell 50 of those OK at the market here
(3:31 PM) tomthetrader: sell 50 atm
(3:31 PM) tomthetrader: OK
(3:31 PM) arak99: Tom, you don't expect a sell off now?
redliontrader: which ones?
(3:32 PM) tomthetrader: just taking some profits
(3:32 PM) arak99: hold crap .. look at DTX
(3:33 PM) tomthetrader: QQQ.QQQTL - QQQQ AUG 2009 38 Put
1.4 -0.08 ( -5.41%) 1.41 11,681
Last Trade Today's Change Today's Open Today's Volume
(3:33 PM) tomthetrader: QQQTL sold 50 at 1.41
(3:34 PM) tomthetrader: stop 1.35
(3:34 PM) tomthetrader: the rest
(3:34 PM) ajayvee: are we holding EDZ FXP? I didn't hear
(3:35 PM) tomthetrader: Holding Everything
(3:35 PM) tomthetrader: except puts
(3:35 PM) bitterwind4: small accounts sure cannot follow that option trade.
redliontrader: we are going to close all puts?
redliontrader: $ndx still + with N100 A/D line quite neg
(3:39 PM) bitterwind4: why not hold a few QQQQ puts?? august TL's??
(3:40 PM) tomthetrader: I am not too smart ! seriously it is just a personal cash management ...I have too much Risk out there so I take profits on risky positions
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(3:41 PM) bitterwind4: ok tks tom
(3:41 PM) tomthetrader: I think it is a Fair sale ..to eliminate risk
(3:42 PM) eman11: Can anybody see me
(3:42 PM) tomthetrader: yes
(3:42 PM) tomthetrader: both of you
(3:43 PM) eman11: Thanks
(3:49 PM) arak99: look at VIX run up
(3:51 PM) arak99: SPX is getting pinned at 940 for the day
(3:51 PM) arak99: ES short woul dequate to 936.5
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redliontrader: ok, we can stop now. 4pm ding ding ding
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(3:59 PM) jaxbrown22: TTT I'm with you, limit risk, out of 30 BAC Aug puts ++++
redliontrader: It's over!
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(4:01 PM) richardt_5: Have a nice weekend all....outta here.
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(4:02 PM) netherbow1: Thxs TOM - enjoy the weekend everyone -
(4:02 PM) netherbow1: outta here too
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(4:03 PM) arak99: SPX 940 pinned
(4:04 PM) arak99: did anyone get ES 937?
