(9:13 AM) Alert: This is a G rated room intended for a General Audience including minors. Offensive language is not permitted.
(9:13 AM) Alert: Hi , Welcome to TTT
(9:13 AM) tomthetrader: credit spreads at the best levels ever now !
(9:14 AM) tomthetrader: safety as VZ reports great earnings and lays off 6000 more
(9:14 AM) tomthetrader: that is a lot of people
(9:14 AM) *** PremR has joined the room ***
(9:14 AM) tomthetrader: and there is more to come unfortunately
(9:15 AM) tomthetrader: Stagflation hallmark is high unemployment
(9:15 AM) tomthetrader: these next 2 months will be our Lows in PPI CPI and then the inflation part of stag flation comes in
(9:16 AM) tomthetrader: Thanks Afuj for the bond update ...Aruj expecting some crepp up in rates
(9:16 AM) tomthetrader: creep
redliontrader: PB #'s from overnight tradinging on the ES.. 1% 974, 2% 964, 3% 954
(9:17 AM) *** chuck the jeweler has joined the room ***
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(9:17 AM) tomthetrader: Thank You red
(9:18 AM) tomthetrader: 944 seems like a ridiculous notion with the Bid underneath so solid
(9:18 AM) tomthetrader: But ....we will
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(9:19 AM) ajayvee: y
(9:19 AM) rjllanas: gm
(9:19 AM) Fulkdaddy: gm
(9:19 AM) hibuck2: gm
(9:20 AM) richardt_5: gm
(9:20 AM) rekon8: gm
(9:20 AM) bitterwind4: gm
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(9:21 AM) redTest: chuck the jeweler 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
(9:21 AM) *** chuck the jeweler has left the room ***
(9:21 AM) redTest: paltinik25 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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(9:26 AM) tomthetrader: Thank you
(9:26 AM) tomthetrader: IRA watchlists
(9:26 AM) tomthetrader: MCD
(9:26 AM) tomthetrader: NKE
(9:26 AM) tomthetrader: MO
(9:26 AM) tomthetrader: COST
(9:26 AM) tomthetrader: ALL
(9:26 AM) tomthetrader: HPQ
(9:26 AM) tomthetrader: BA
(9:26 AM) tomthetrader: CAL
(9:26 AM) tomthetrader: FWLT
(9:26 AM) tomthetrader: LLL
(9:27 AM) tomthetrader: GILD
(9:27 AM) tomthetrader: UNH
(9:27 AM) tomthetrader: NUE
(9:27 AM) tomthetrader: DBA
(9:27 AM) tomthetrader: MOO
(9:27 AM) tomthetrader: BAG
(9:27 AM) tomthetrader: KOL
(9:28 AM) tomthetrader: DAG not BAG
(9:28 AM) tomthetrader: and DYY
(9:28 AM) tomthetrader: Stagflation trades
(9:28 AM) azags: dag is in the bag
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(9:29 AM) tomthetrader: no doubt
(9:30 AM) Fulkdaddy: Tom, are you looking to cover shorts early here and start getting long today?
(9:30 AM) Fulkdaddy: I had a phone call and missed some of your update
(9:30 AM) tomthetrader: I am holding short and going to add long term longs
(9:31 AM) tomthetrader: so hedged short short term but buying IRA and Main in the above scanned positions
(9:31 AM) sttteve: stopped here on TSM hope that was the correct thing to do
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(9:31 AM) tomthetrader: 3% correction hoped for
(9:31 AM) tomthetrader: 10.33 TSM stopped
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(9:35 AM) tomthetrader: BUY MCD 55..95 IRA 10% Long IRA
(9:35 AM) bitterwind4: cien
(9:35 AM) bitterwind4: cien
(9:35 AM) tomthetrader: 55.90
(9:36 AM) tomthetrader: MCD we will fill at avg prices 9:30 - 9:45 am
(9:36 AM) tomthetrader: In IRA will send a e-mail
(9:38 AM) dhmohan1963: are we out of shorts like tza
(9:39 AM) tomthetrader: We are still short via TWM in the Main fund
(9:39 AM) tomthetrader: In the TRADERS account
(9:40 AM) *** chuck the jeweler has joined the room ***
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(9:45 AM) tomthetrader: Traders should be short 25% in TWM
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redliontrader: correct price, wrong symbol.. correct now
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(9:47 AM) bitterwind4: -GLW off lows
(9:48 AM) tomthetrader: Thanks RED ...and MCD fill price should be a bit lower if we can get it at avg prices should be 59.85 ..approx ..anyone else get MCD
(9:48 AM) tomthetrader: MCD any fills ?
(9:48 AM) sttteve: 55.86 here
(9:48 AM) tomthetrader: Thanks Steve
(9:49 AM) tomthetrader: that is about Avg fill here also
(9:51 AM) tomthetrader: we will add LLL to IRA 10 % avg prices over next 1/2 hour..e-mail will follow LLL buying at 72.50 area
(9:53 AM) tomthetrader: 72.47 filled
(9:57 AM) tomthetrader: TWM break even now
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(9:57 AM) tomthetrader: as we add positions at IRA prices
(9:59 AM) tomthetrader: In the Main Fund we will BUY DAG Limit order 8.50 20%
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(10:00 AM) tomthetrader: Limit order 8.50
(10:00 AM) PremR: new home sales must have been better than expected.
(10:00 AM) tomthetrader: Yes
(10:01 AM) tomthetrader: all news good
(10:01 AM) tomthetrader: now
(10:01 AM) hibuck2: NEW home sales up 11%
(10:01 AM) tomthetrader: very bullish
(10:02 AM) rjllanas: new homes sale at half the cost of original price he he
(10:02 AM) PremR: my house has been on the market for 4months must have had less than 10 people look at it and no one in the last 1.5months has looked at it. we did get a bid but the bid was outrageouly low.
redliontrader: TWM Stopped out
(10:03 AM) Fulkdaddy: Prem, where are you located and what is your asking price and what was the bid?
(10:04 AM) Fulkdaddy: Also, what was the value of your home at the peak?
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(10:04 AM) tomthetrader: Thanks Red
(10:06 AM) tomthetrader: SIM
(10:06 AM) tomthetrader: Traders 10% position
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(10:06 AM) tomthetrader: 6.79 filled at 10:05
(10:07 AM) tomthetrader: 6.83 is the most you should pay
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(10:09 AM) tomthetrader: 1000 at 6.79 at 9:51
(10:12 AM) tcb66: Finally some selling on good news...maybe our short-term top is finally in
(10:13 AM) tomthetrader: yes
(10:13 AM) tomthetrader: USD getting hit 2x long semis
(10:13 AM) bitterwind4: finally a winner....scalp in DXD
(10:13 AM) tomthetrader: they stopped all the little guys and took it down
(10:14 AM) bitterwind4: csco testing lod
(10:14 AM) tomthetrader: good value there ?
(10:15 AM) tomthetrader: WFC up in down market
(10:15 AM) bitterwind4: TZA may be at hod now.....bad feed in platform
(10:16 AM) tomthetrader: BGZ looking to pick up for a hedge
(10:17 AM) azags: a little profit today . I bought 5000 sds friday AH at 47.87 and just sold at 48.45
(10:17 AM) bitterwind4: sure seems those etf have to ready for a bounce DXD tza bgz
(10:18 AM) tomthetrader: Good play ...yes rally quick action on the inverse ETF's : have to lock in profits non stop
(10:18 AM) tomthetrader: they do not last long !
(10:20 AM) tomthetrader: anyone get SIM yet ?
(10:20 AM) eman11: no
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(10:21 AM) tomthetrader: it is a hard one to get ..be patient ..can live w/o
(10:21 AM) tomthetrader: we will get another
(10:21 AM) rjllanas: ok
(10:21 AM) tomthetrader: if no fills under 6.80
(10:24 AM) tomthetrader: SIM
(10:26 AM) tomthetrader: tomthetrader: In the Main Fund we will BUY DAG Limit order 8.50 20%
tomthetrader: Limit order 8.50
(10:28 AM) tomthetrader: XLF banks getting boughtup
(10:32 AM) hibuck2: Schwab has bad data and some no data
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(10:33 AM) bitterwind4: scwab v bad today
(10:33 AM) Fulkdaddy: Tom, what was the range?
(10:34 AM) tomthetrader: Range in SPX is still 977 cash upside and 960 downside short term
(10:34 AM) hibuck2: QQQ TN looking good
(10:35 AM) tcb66: nice turnaround in the bonds....good call Aruj
(10:35 AM) tomthetrader: 8888 goal to go long YM
(10:35 AM) tomthetrader: Yes Aruj hit a nice play ...
(10:35 AM) tomthetrader: refunding
(10:35 AM) tomthetrader: worries
(10:36 AM) tomthetrader: this time may be right
(10:36 AM) arujunaa: thanks guys
(10:36 AM) arujunaa: but it will still be bumpy this week
(10:37 AM) arujunaa: looking to hit singles & doubles for now
(10:37 AM) bitterwind4: edz hod
(10:39 AM) bitterwind4: spx friday lows 966
(10:39 AM) bitterwind4: rut 540 level friday
(10:44 AM) arujunaa: sold tyu long here at 116.06
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(10:48 AM) tomthetrader: TSM at 10.12
(10:48 AM) tomthetrader: TWM ...great profits in both if not stopped
(10:51 AM) bitterwind4: grt buy at lod too if you would have pulled the trigger....but all last week would have been the wrong thing to do.
(10:54 AM) azags: I bought 10000 twm Ah Friday at 35.7 and sold 5000 today at 36.1 and 5000 at 36.15
(10:54 AM) hibuck2: Tom didn't we buy QQQ TN not in any of the portfolia?
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(10:55 AM) bitterwind4: 1.41 on friday
(10:55 AM) hibuck2: yes
(10:55 AM) hibuck2: ok
(10:56 AM) tomthetrader: Red May have it open in the closed trades area
(10:56 AM) tomthetrader: 20 contracts at 1.41
(10:58 AM) bitterwind4: got to brk 545 RUT
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(11:01 AM) tomthetrader: We will buy FWLT 10 % in IRA for 23.50 Limit order
(11:01 AM) tomthetrader: we will buy CAL for 10.00 10% In IRA
(11:02 AM) azags: McHugh suggests this present up move may go to 11500 on the Dow
(11:04 AM) tomthetrader: amazing
(11:04 AM) tomthetrader: I personally do not see it going past 977 but we will see...
(11:12 AM) tomthetrader: DAG filled in Main 8.50
(11:12 AM) tomthetrader: 8.47-8.50 good work
(11:13 AM) Fulkdaddy: Tom, if you did not think we go past 977, then why are you filling so many longs????
redliontrader: QQQ TN I think was a non-tracked trade..
(11:15 AM) Fulkdaddy: I think McHugh is looking more longer term and the market could easily go down 3-5% and his market call of 11500 would still be valid
(11:15 AM) tomthetrader: TAN
(11:16 AM) tomthetrader: still in my portfolio as well as QQQTN
(11:16 AM) tomthetrader: as all of us may have different fills etc...basics are perfect
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(11:17 AM) rjllanas: i could never get in sim still looking for a trade
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(11:18 AM) tomthetrader: look at DYY or FWLT or WFC
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(11:19 AM) tomthetrader: DAG may get back to 8.50
(11:19 AM) tomthetrader: UNH
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(11:21 AM) eman11: Tom, for mmbers that didn'yt get in QQQTN the first time, should we enter today if it gets back to 1.41?
(11:22 AM) tomthetrader: Yes
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(11:32 AM) Fulkdaddy: So much for the pullback!
(11:32 AM) tomthetrader: WFC Bought 10% in IRA at 24.00 11:26 am
(11:33 AM) tomthetrader: WFC is OK
(11:33 AM) tomthetrader: and banks
(11:33 AM) tomthetrader: RGA a buy
(11:33 AM) tomthetrader: ALL
(11:33 AM) tomthetrader: a buy
(11:33 AM) tomthetrader: T and VZ a buy after their earnings
(11:33 AM) tomthetrader: great yields
(11:39 AM) tomthetrader: 17.25 limit on TZA or we can go into futures short
(11:39 AM) tomthetrader: I will add 10 futures short in ES if some one will confirm price
(11:40 AM) tomthetrader: 10:38 am filled ...if you want it tteacked you can put in the quotes
(11:40 AM) eman11: short es 974.25
(11:41 AM) eman11: now 974.50
(11:41 AM) tomthetrader: Thanks E
(11:41 AM) eman11: YW
(11:41 AM) tomthetrader: stop at 978.50
(11:42 AM) rjllanas: i am such a rookie
(11:43 AM) tomthetrader: we will get better
(11:44 AM) tomthetrader: every day just like batting practice
(11:44 AM) bitterwind4: have buy stop in TZA .20
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(11:47 AM) bitterwind4: aaah see your post above TZA
(11:48 AM) azags: would you buy vz today now that it sold off on earnings?
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(11:49 AM) tomthetrader: Yes we should be long CAL FWLT MCD DAG LLL WFC SIM
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(11:59 AM) Fulkdaddy: audio good
(12:00 PM) hibuck2: y
(12:00 PM) rjllanas: y
(12:00 PM) Fulkdaddy: yes
(12:00 PM) bitterwind4: was good
(12:00 PM) tomthetrader: stop at break even on ES futures short
(12:03 PM) tomthetrader: don't be afraid to take profits in ES as I am using all shorts for hedging purposes from now on not so much for profits
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(12:06 PM) tomthetrader: EXTREMELY SLOPPY OUT HERE
(12:06 PM) tomthetrader: very sloppy
(12:07 PM) tomthetrader: TWM was a good call after all Zags ?
(12:07 PM) tomthetrader: many of the shorts are going to get some confidence IF we can get another down day on the Dow
(12:08 PM) tomthetrader: a great RE ENTRY will be 944-955 cash SPX
(12:11 PM) *** tomthetrader has left the room ***
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(12:15 PM) tomthetrader: Paltalk doing me wrong today
(12:15 PM) tomthetrader: everyone OK ?
(12:15 PM) tomthetrader: OK
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redliontrader: no problems here
(12:17 PM) eman11: OK, but I have Paltalk Plus
(12:17 PM) tomthetrader: great
(12:18 PM) tomthetrader: I am having some local network problems with COMCAST
(12:18 PM) tomthetrader: we had a storm last night so it takes them a while to get everyone happy
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(12:20 PM) bitterwind4: smh grt range today
(12:21 PM) rjllanas: no sound
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(12:24 PM) bitterwind4: approx 2:1 put/call on the near QQQQ vol today
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(12:25 PM) s_l l_c_o: http://montada.mergab.com/showthread.php?t=46188 arab
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(12:27 PM) ajayvee: Naz A/D -186 Vol +1.3:1
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(12:28 PM) ajayvee: NYSE A/D +171 Vol +1.1:1
(12:28 PM) ajayvee: RUT A/D -359 Vol +1.8:1
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(12:30 PM) tomthetrader: KRE doing well
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(12:31 PM) tomthetrader: im Knight on Twitter " I believe the SPX goes to 1150 before bear returns " now if that isn't a classic short term sell signal ?
(12:32 PM) tomthetrader: 1st time since 1970 that 2 period RSI on SPX for 8 straight days only 5th time since 1928
(12:35 PM) csu30: Tom, what's your opinion on C in the 2.50 area for a spec play?
(12:41 PM) tomthetrader: C I think now can be bought for the 1st time in 5 years..I think Pandit is out ...and it is a good Spec
(12:42 PM) bitterwind4: CIEN 10 day bo
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(12:43 PM) bitterwind4: like to see it pb
(12:43 PM) tomthetrader: C is a spec take a shot on new management
(12:44 PM) tomthetrader: CIEN a great stock
(12:45 PM) bitterwind4: I memory says they reverse spit the stock 7/1 few yrs back, but like it now
(12:46 PM) tomthetrader: Yes...kinda misunderstood on the street
(12:47 PM) bitterwind4: DXD testing an intraday R level41.28
(12:52 PM) eman11: Is TZA at 17.25 still open?
(12:53 PM) tomthetrader: NIKE INC CL B(NYSE: NKE)
Real-Time: 52.00 0.17 (0.33%) 12:50pm EThelp and HPQ in the main find 10% HPQ fill atHEWLETT PACKARD CO(NYSE: HPQ)
Real-Time: 41.30 0.42 (1.01%) 12:51pm EThelp
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(12:54 PM) tomthetrader: NIKE INC CL B(NYSE: NKE)
Real-Time: 51.92 0.25 (0.48%) 12:54pm EThelp
(12:55 PM) tomthetrader: NKE filled at 51.92
(12:55 PM) tomthetrader: HPQ filled atHEWLETT PACKARD CO(NYSE: HPQ)
Real-Time: 41.24 0.48 (1.15%) 12:54pm EThelp
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(1:02 PM) tomthetrader: VLO ?
(1:02 PM) tomthetrader: taking off today
(1:04 PM) tomthetrader: 2.387%
(1:04 PM) tomthetrader: 2.27 bid to cover in Tips auction
(1:04 PM) tomthetrader: 235 billion this week round 1 over
(1:04 PM) tomthetrader: Ok
(1:04 PM) tomthetrader: IWM is flat
(1:05 PM) tomthetrader: ESU9 shorts stopped out /
(1:05 PM) tomthetrader: Break even ...for anyone in /
(1:06 PM) Fulkdaddy: Is this market going to close higher again Tom????
(1:06 PM) Fulkdaddy: Amazing
(1:07 PM) tomthetrader: MO PM COST ALL BA GILD UNH NUE VZ T DBA all still buys here
(1:07 PM) tomthetrader: good values
(1:07 PM) tomthetrader: HCBK and WL as well as HBAN is back
(1:08 PM) tomthetrader: B+ for Tips auction
(1:08 PM) tomthetrader: highest bid to cover ever
(1:08 PM) tomthetrader: on that tough auction
(1:08 PM) tomthetrader: Newsweek Recession is over
(1:10 PM) bitterwind4: JUST HAD A 23 YEAR OLD TENANT FILE bk THIS MORNIG....GLAD TO HEAR IT IS OVER. i'LL CALL HIM
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(1:12 PM) tomthetrader: yes....vz 6000 pink slips too
(1:12 PM) sttteve: maybe over if you count the stimulus money in the GDP. certainly cannot be over with unemployment like this. but NEWSWEEK is one of those kiss Obama in the you know where media outlets
(1:12 PM) tomthetrader: markets rally in worst of times and top in best
(1:13 PM) eman11: Stopped out of ES at break even as well. Although with Newsweek cover, we probably just hit the Short tern top
(1:13 PM) bitterwind4: our oldest tenant...23 yrs..filed Bk this am
(1:13 PM) bitterwind4: I'll phone him
(1:14 PM) sttteve: sorry tohear that for you and him Bitterwind
(1:14 PM) bitterwind4: even a gay bar we have as a tenant is having a hard time
(1:14 PM) bitterwind4: in Santa Cruz CA
(1:16 PM) tomthetrader: yes the unemployment is heartbreaking in this starting from almost 1 year ago
(1:16 PM) tomthetrader: many friends and family members turned upside down
(1:16 PM) bitterwind4: yes very hard to see
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redliontrader: sidways
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(1:30 PM) tomthetrader: Matket trying to LOD
(1:30 PM) tomthetrader: QID HOD ?
(1:30 PM) tomthetrader: 27.50 ish
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(1:40 PM) tomthetrader: we will buy in The Main FUND here at 1:56pm UNH 10%
(1:40 PM) tomthetrader: Again we will add to the Main Fund UNH at 1:56pm ...e-mail will follow
(1:40 PM) tomthetrader: 10% into UNH
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(1:43 PM) bitterwind4: CSCO lod but is 50% retrace on 2day
(1:44 PM) tomthetrader: we missed CSCO had it long and ramped up and shorted ....bad trades
(1:44 PM) tomthetrader: F Ford is sailing along
(1:44 PM) tomthetrader: 3.70 % ten year
(1:45 PM) bitterwind4: I am back to scalping long good stocks. kilked me last 2 wks.
(1:47 PM) bitterwind4: pretty pathetic down day to reload
(1:47 PM) rjllanas: auy lod
(1:47 PM) tomthetrader: RGA earnings AH ...should be very good
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(1:48 PM) Fulkdaddy: up or down close today Tom?
(1:48 PM) tomthetrader: got to be LOD
(1:49 PM) tomthetrader: we can't do this foreer ..we will be at 14,p000?
(1:49 PM) bitterwind4: lol...yes
(1:49 PM) Fulkdaddy: Ditto Bitterwind
(1:49 PM) Fulkdaddy: as the market surges higher
(1:52 PM) tomthetrader: RGA today
(1:52 PM) tomthetrader: JEC tomorrow
(1:52 PM) tomthetrader: IWA DAVE Wd
(1:52 PM) tomthetrader: CP Thursday
(1:52 PM) tomthetrader: TSM also
(1:52 PM) tomthetrader: MA NYX BUY BUY BUY weakness
(1:52 PM) tomthetrader: also NDAQ
(1:54 PM) longerorshorter: ma=mastercard?
(1:56 PM) tomthetrader: yes
redliontrader: afternoon cover rally.. here we go..
(1:57 PM) tomthetrader: LM JEF
(1:57 PM) rjllanas: AXP LOD
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(2:12 PM) tomthetrader: we have to take profits8.69 sell in DAG DB AGRI DBL LONG ETN(RT-BATS: DAG)
Last Trade: 8.67
Trade Time: 2:09pm ET
Change: 0.06 (0.70%)
Bid: 8.65 x 2900
Ask: 8.69 x 500
(2:12 PM) tomthetrader: 8.69 sell DAG out of mai8n fund for our Commodities futures trade
redliontrader: The average tick today is +168 because of the strength of the NYSE which is currently green.
(2:13 PM) tomthetrader: DAG
(2:13 PM) tomthetrader: Nice Trade
(2:13 PM) tomthetrader: 8.69 perfect day trade on commodities in a down market
(2:14 PM) tomthetrader: DAG making higher highs higher lows
(2:15 PM) tomthetrader: Sell CAL at 10.14 sold Cal at 10.14 both CAL and DAG a buy but we will lock in profits here
redliontrader: my indicators (ticks, thrust, A/D lines) show a current intraday uptrend but with resistance here
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redliontrader: NYSE is the strongest A/D today, R2K is the weakest
(2:17 PM) Fulkdaddy: In my mind they have to run it up to 1000..why wouldn't they???
(2:18 PM) Fulkdaddy: Think of all those who would become bullish then? Then they can really take it down and hurt a lot of people
(2:18 PM) tomthetrader: short term resistance here and they need some bear hope to keep bull going
(2:18 PM) Fulkdaddy: AAII says there are still a lot of bears
(2:19 PM) ajayvee: are we still picking up QQQTN at 1.41?
(2:20 PM) eman11: Filled QQQTN @1.41
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(2:21 PM) tomthetrader: should be near perfect
(2:22 PM) tomthetrader: again we locked in CAL sold CALL for profits
(2:22 PM) tomthetrader: lookignto cash in a couple more for safety
(2:23 PM) Fulkdaddy: C'mon bulls, lets get this over with...give us 1000!
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(2:24 PM) Gamblermama: YO YO!
(2:24 PM) Gamblermama: MONEY HUNTERZ!
(2:24 PM) redTest: Gamblermama 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
(2:24 PM) *** Gamblermama has left the room ***
(2:28 PM) Alert: ====SECURITY BULLETIN!=======
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(2:31 PM) tomthetrader: RGA earnings
(2:31 PM) tomthetrader: HCBK a bUy
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(2:31 PM) tomthetrader: xlf TURNING UP
(2:32 PM) tomthetrader: SELL LLL AT 73.00 sold LLL at 73.00
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redliontrader: twm scalp in 35.68/stop 35.58
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(2:41 PM) tomthetrader: SELL HPQ and FWLT we will lock in profits here Please sell HPQ and FWLT here
(2:41 PM) tomthetrader: 2:41pm
(2:41 PM) tomthetrader: sell HPQ and FWLT
(2:41 PM) sttteve: these are IRA stocks shoudnt they be hels longer?
(2:42 PM) tomthetrader: 25.68 FWLT
(2:43 PM) tomthetrader: HPQ 41.64
redliontrader: what account is SIM in?
(2:45 PM) tomthetrader: Traders ...we plan on moving once we establish 5000 shares
redliontrader: k. that is where it is.. just seemed wrong
(2:46 PM) tomthetrader: again we have to lock in profits in IRA and Main as we can't afford to let them sit for 6-9 months we can buy thenm back though at any time
(2:46 PM) tomthetrader: once we buy a IRA stock it is safer and Higher cost ...so we have to be right
(2:46 PM) sttteve: I get it. thanks
(2:47 PM) sttteve: and thank you for the good trades on them
(2:48 PM) tomthetrader: Thank you
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redliontrader: twm stopped
(2:49 PM) tomthetrader: BULL
redliontrader: solid
(2:50 PM) tomthetrader: One of these times it will go for 10% !
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(2:52 PM) sttteve: LOL
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(2:55 PM) tomthetrader: sell WFC 24.17
(2:55 PM) tomthetrader: sell WFC 24.17
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(2:56 PM) tomthetrader: sell NKE 52.35
(2:56 PM) tomthetrader: sell NKE 52.35
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(3:01 PM) tomthetrader: we will go to cash here and sell SIM UNH and MCD
(3:01 PM) tomthetrader: SIM 7.04 sold
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(3:02 PM) tomthetrader: UNH 27.78 sold
(3:02 PM) tomthetrader: MCD 56.08
(3:02 PM) tomthetrader: sold
(3:03 PM) tomthetrader: Looking to get short here
redliontrader: good timing.. possible tick trend change here
(3:04 PM) hibuck2: R U getting sell signal ?
(3:05 PM) azags: Tom you are reading my mind. I bought twm again at 35.7
(3:05 PM) bitterwind4: twm pop off lows
(3:05 PM) tomthetrader: yes
(3:05 PM) tomthetrader: we just have to get a handle on this beast
(3:06 PM) tomthetrader: if we can get a 980 ish top then a decent pullback will be 944
(3:06 PM) tomthetrader: and we can feel good about our entry prices
(3:06 PM) tomthetrader: 100% cash and lots of mud thrown on the wall locking in profits
(3:17 PM) tomthetrader: 44 minutes fraught with risk for both sides
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(3:18 PM) bitterwind4: ur cash in all portfolios??
redliontrader: i have a confirmed tick downtrend..
(3:18 PM) bitterwind4: or just traders??
redliontrader: all portfolios 100% CASH
(3:18 PM) tomthetrader: look at ZTR take off
(3:19 PM) azags: Fwlt did not trade to 25.68. Highest today was 23.95. numbers on the sell are wrong
(3:19 PM) tomthetrader: Yes should be in the chat
(3:20 PM) tomthetrader: 23.68
redliontrader: (2:42 PM) tomthetrader: 25.68 FWLT
(3:20 PM) tomthetrader: should be 23.68
(3:20 PM) tomthetrader: My mistake
redliontrader: yes. just check 23.68
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(3:21 PM) tomthetrader: wish
(3:21 PM) tomthetrader: it
(3:21 PM) tomthetrader: was 25.68
(3:21 PM) azags: Tom I prefer the 10900 profit in closed trades on fwlt
(3:24 PM) bitterwind4: TZA TWM back above fri closes
(3:24 PM) tomthetrader: doing well
(3:24 PM) tomthetrader: good job you guys
(3:24 PM) tomthetrader: very complicated market now with Dollar and bonds
redliontrader: timing on your exits tom were perfect
(3:25 PM) tomthetrader: higher risk for a normal Bull
(3:25 PM) tomthetrader: Thank you RED
(3:25 PM) tomthetrader: it ain't easy ...we have to be nimble or they will eat you up
(3:25 PM) tomthetrader: on both sides now
(3:25 PM) tomthetrader: we are fighting a capable foe
(3:26 PM) tomthetrader: and only a few win at this trading thing !
(3:26 PM) azags: My twm that I again bought at 35.7 is making a couple of dollars this afternoon
(3:27 PM) tomthetrader: good man Zags ...we like nimble traders
redliontrader: nice entry zags
(3:28 PM) tomthetrader: VLO must be expecting some better spreads
(3:28 PM) tomthetrader: Valero is a great trading stock
(3:31 PM) tomthetrader: 975 ES
(3:31 PM) tomthetrader: 8888 YM goal short
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(3:34 PM) Harrod_t: What time frame for 8888, tomorrow??
(3:34 PM) tomthetrader: By Wed
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(3:34 PM) tomthetrader: UBS suspends short ETF trades /
(3:35 PM) Harrod_t: Thanks
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(3:36 PM) tomthetrader: DGZ we will take a position 10% short gold DB GOLD SHORT ETN(NYSEArca: DGZ)
Real-Time: 23.51 0.12 (0.51%) 3:28pm EThelp
(3:36 PM) tomthetrader: Trades
(3:36 PM) tomthetrader: Traders 10% in DGZ
(3:36 PM) nimesh_: any earnigns today?
(3:36 PM) tomthetrader: RGA
(3:36 PM) tomthetrader: JEC tomorrow
(3:37 PM) tomthetrader: MA and NYX we have also this week
(3:37 PM) bitterwind4: why did UBS suspend them
(3:37 PM) bitterwind4: I can guess
(3:37 PM) tomthetrader: DGZ any fills /
(3:37 PM) hibuck2: 25.00 VIX HE 2.45 2.60
(3:38 PM) tomthetrader: Nice play
(3:38 PM) bitterwind4: dgzdgz way toooooo thin for me
(3:38 PM) tomthetrader: UA short in Main Fund here ?
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(3:38 PM) tomthetrader: AGU short ?
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(3:39 PM) ajayvee: DZZ the 2x short has better volume
(3:40 PM) Fulkdaddy: what is the close today Tom?
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(3:41 PM) tomthetrader: 9049.08
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(3:41 PM) tomthetrader: Zags ?
(3:41 PM) tomthetrader: Thomas
(3:41 PM) tomthetrader: Need to get one right
(3:42 PM) azags: I think the decimal point is off
(3:46 PM) hibuck2: could we hv one of those big sell offs in last 10 min?
(3:47 PM) tomthetrader: here we go ...all my profits would have been gone.....
(3:48 PM) tomthetrader: seen too many disappear in markets like this
(3:48 PM) tomthetrader: we are setting up for another run though
(3:49 PM) tomthetrader: as my daytrading 'feel' says to buy again ...so maybe cover shorts soon
(3:49 PM) tomthetrader: gold gld can be used
(3:49 PM) tomthetrader: gld more liquid
(3:53 PM) bitterwind4: TZA having a tough day....14 day downtrend
(3:54 PM) tomthetrader: Phenomenal ?
(3:55 PM) azags: It is now illegal for the market to close down
(3:55 PM) tomthetrader: yes....the FED and Treasury are long long long
(3:56 PM) tomthetrader: FRE FNM GM CHRY AIG
(3:56 PM) tomthetrader: etc
(3:56 PM) tomthetrader: etc
(3:56 PM) tomthetrader: etc
(3:58 PM) Fulkdaddy: This market is simply on fire...1000 here we come
(3:58 PM) tomthetrader: t
(3:58 PM) Fulkdaddy: Glad I went long last week
(3:58 PM) Fulkdaddy: It was not fricken easy
(3:58 PM) Fulkdaddy: I am adding some short hedges at the close
(3:59 PM) azags: just buy tna and bgu and we will meet in late Sept
(3:59 PM) tomthetrader: Yes
(3:59 PM) tomthetrader: Labor Day sell the day after ?
(4:01 PM) bitterwind4: QQQTN near lod?? .32/1.35
(4:04 PM) tomthetrader: AMGN big up
redliontrader: Unbelievable? But it is true.. nq and ES still after market moving up..
(4:04 PM) tomthetrader: and CYOU big down
(4:04 PM) tomthetrader: new highs of rally here ?
redliontrader: tomorrow is Day 9 since the ZB moved above the over bought line, that was the first real pullback on the March 9th launch.. let's see if that repeats (they were both tuesday also)
(4:06 PM) tomthetrader: Great data ...I have the same spot
(4:08 PM) tomthetrader: new Bull market highs
(4:08 PM) tomthetrader: Dave congrats on getting long...I am glad you took the plunge !
(4:09 PM) Fulkdaddy: It was not easy
(4:09 PM) tomthetrader: I know !!!!!!!
(4:10 PM) tomthetrader: Now look at great stocks : you had CELG
(4:10 PM) tomthetrader: great pick
(4:10 PM) tomthetrader: now some stocks are looking really good on charts
(4:11 PM) Fulkdaddy: So this little sideways chop could be the consolidation to get us from overbought so the market can leg up again?
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(4:11 PM) tomthetrader: Yes..believe it or not I am already getting short term buy signals !
(4:12 PM) tomthetrader: the market changes so much on Strength
(4:12 PM) tomthetrader: so the smallest of moves down can get you back long in Bulls
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