(8:52 AM) Alert: This is a G rated room intended for a General Audience including minors. Offensive language is not permitted.
(8:52 AM) Alert: Hi , Welcome to TTT
(8:52 AM) tomthetrader: 6.15 was hit on EGLE sorry I did not report that
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redliontrader: ok.. i m online now.. egle stop 5.75
(8:53 AM) tomthetrader: 5.75 stop EGLE
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redliontrader: NQ 2% PB is 1600 even or really close
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redliontrader: EX 974 for 2%
redliontrader: es
(8:55 AM) tomthetrader: profit day trade sell EGLE at 6.15
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(8:59 AM) desertone: Good Morning everyone
(8:59 AM) tomthetrader: Hi ...good morning D1
(9:00 AM) tomthetrader: EDZ 9.85
(9:01 AM) desertone: http://traderfeed.blogspot.com/2009/07/countries-and-people-reflections-on.html
(9:01 AM) tomthetrader: UNCH on the most volatile etf in the world !
(9:01 AM) desertone: If u have time ! LOLI still feel 20 !!
(9:01 AM) tomthetrader: Thanks D1 good read/. info / data
(9:02 AM) tomthetrader: FANTASTIC
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(9:02 AM) desertone: Is that EDZ a pick for today Tom?
(9:03 AM) tomthetrader: we sold it after GDP report
(9:04 AM) desertone: Good Thanks!
(9:04 AM) tomthetrader: EGLE has earnings next week we are long
(9:04 AM) tomthetrader: hit 6.15 this morning ..very volatile
(9:05 AM) desertone: I hope EGLE lights up DRYS.......
redliontrader: i just sent a email to all members using an email service.. please give me feedback on the mail format, or the content, but the format it what I am interested in.. I have consolidated the email lists and there is some duplication, if you do not want to receive email at one of the addresses just hit the "unsubscribe" button, if you do not get an email let me know
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(9:06 AM) desertone: Just got it red ty!
(9:07 AM) sttteve: received here. looks good chart clear
(9:07 AM) eman11: e-mail looks good Red
(9:08 AM) desertone: Excellent format red ! Chart bright and clear also without the avalanche of all the email addresses TY!!
(9:09 AM) *** tomthetrader has joined the room ***
redliontrader: yes, this will help keep our email addresses confidential and allow us to maintain an email list
(9:09 AM) tomthetrader: Thanks Red
(9:10 AM) hibuck2: red did u allready email it out i hv not recieved
redliontrader: y
(9:11 AM) jbljudy: Nothing here either.
redliontrader: hibuck it went to an AOL address for you..
redliontrader: AOL might be slow?
redliontrader: and a charter address for judy
(9:13 AM) jbljudy: Charter..correct.
(9:17 AM) eman11: es 979.75-980
(9:17 AM) tomthetrader: 10 short there
(9:18 AM) tomthetrader: ES 10 contracts short to hedge
(9:18 AM) tomthetrader: Thanks E
(9:18 AM) tomthetrader: stops 1000 ES
(9:18 AM) hibuck2: thxs red was in spam folder
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redliontrader: thats not good.. hibuck..
(9:18 AM) nimesh_: how low u think we go?
(9:19 AM) tomthetrader: short 10 ES contracts form 980
(9:19 AM) 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.
(9:19 AM) tomthetrader: stop now at 1000
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(9:19 AM) tomthetrader: we will adjust as the day progresses
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(9:21 AM) csu30: Tom, still looking to short BAC? 14.30 earlier in premarket
(9:21 AM) tomthetrader: Looks like we may fall a bit more off yesterdays highs
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(9:23 AM) tomthetrader: stop DDM 33.45
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(9:25 AM) eman11: DRYS-taking off
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(9:27 AM) tomthetrader: SELL DDM HERE NOW 33.52 box this in stops very close
(9:29 AM) tomthetrader: YM futures 9100 short if you like them there short
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(9:33 AM) sttteve: 9108
(9:33 AM) energy2x: 9111
(9:33 AM) sttteve: 9112 now
(9:33 AM) tomthetrader: anyone want to enter YM shorts here 10 short at 9112
(9:35 AM) eman11: y
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(9:35 AM) tomthetrader: HOD 9:35 am
(9:36 AM) tomthetrader: 9178.00 cash ..lets see if they sell this area
redliontrader: needed to be at 20 by 9:45 current 23
redliontrader: 26
(9:37 AM) tomthetrader: on schedule just like Ohare ?
(9:39 AM) bitterwind4: ERX acts v nice
(9:41 AM) tomthetrader: NQ futures short ...quotes to enter at 9:45
(9:41 AM) tomthetrader: HOD
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(9:42 AM) eman11: 1612.50
(9:43 AM) tomthetrader: lets enter 10 contracts short 1612.50
(9:43 AM) tomthetrader: thank you
(9:43 AM) tomthetrader: 30 contracts short here 10 ES 10 YM 10 NQ
(9:43 AM) tomthetrader: as we hit HOD
(9:43 AM) >>> chuck the jeweler has started their webcam <<<
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(9:49 AM) eman11: egle 6.06
(9:49 AM) eman11: up.19
(9:49 AM) tomthetrader: 6.06 we will sell EGLE
(9:50 AM) tomthetrader: selling EGLE at 6.06
(9:50 AM) >>> chuck the jeweler has stopped their webcam <<<
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(9:52 AM) tomthetrader: Stop UNH 27.75
(9:52 AM) tomthetrader: stop BA 42.90
(9:52 AM) PremR: tom have said anything? i have not heard sound in 2 days now.
(9:53 AM) tomthetrader: your audio must not be working
(9:53 AM) tomthetrader: Red can you help Prem with his audio ?
(9:53 AM) eman11: audio was breaking up
(9:53 AM) jay brown05: i am getting anything either
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redliontrader: prem if you are using paltalk express you need to reboot to get audio working again
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redliontrader: tom is booted out.. it is friday.. paltalk always bad on fridays
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(9:55 AM) eman11: y
(9:55 AM) Bert_TTT: Audio good
(9:55 AM) bitterwind4: clear
(9:55 AM) desertone: OK
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(9:56 AM) tomthetrader: Please let me know if you are getting audio
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redliontrader: yes getting audio
(9:56 AM) tomthetrader: OK
(9:56 AM) berniectx: n
(9:57 AM) energy2x: y
(9:57 AM) bloomert: y
(9:57 AM) jbljudy: ok
(9:57 AM) eman11: y
(9:57 AM) sttteve: y
(9:57 AM) mdcully: y
(9:57 AM) Cathycantrade: y
(9:57 AM) bitterwind4: y
(9:57 AM) Bert_TTT: y
(9:57 AM) thomas_Poland: ok
(9:57 AM) DE_TTT: y
(9:57 AM) dhmohan1963: no
(9:57 AM) desertone: K
(9:58 AM) chuck the jeweler: no
redliontrader: and bernie
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redliontrader: bernie, dh and chukc are you all using paltalk express?
(9:59 AM) mdcully: I was having trouble before and now logging in through pal talk scene working ok now
(9:59 AM) berniectx: going to log off again and see
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(9:59 AM) dhmohan1963: yes
(9:59 AM) berniectx: using express
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(9:59 AM) dhmohan1963: thru reds site
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redliontrader: paltalk express is beta and they upgrade without anyone knowing so they have a new bug.. Paltalk scene has become the more stable platform now
(10:00 AM) *** chuck the jeweler has joined the room ***
(10:00 AM) tomthetrader: Agreed
redliontrader: http://www.paltalk.com/download_auto.shtml
redliontrader: to download paltalk scene
redliontrader: new highs 49
(10:03 AM) tomthetrader: Thank you red
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(10:04 AM) thomas_Poland: still a lot of buyers
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redliontrader: i have a down trend in the ticks since 10am y'day showing a weakening bid for the market since y'day @ 10am.. that being said it has moves from overly bullish to extremely bullish.. still very hot..
(10:05 AM) thomas_Poland: I made the fastest trade in my career 4 points in 3 minutes or less
(10:05 AM) tomthetrader:
(10:05 AM) thomas_Poland: now they will really move when I am out
(10:05 AM) thomas_Poland: normal
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(10:06 AM) thomas_Poland: always go into my direction when I covere
(10:06 AM) thomas_Poland: cover
(10:06 AM) tomthetrader: wish my timing as good as your TP
(10:06 AM) thomas_Poland: lucky
(10:06 AM) thomas_Poland: only lucky
(10:06 AM) tomthetrader: we will cover ES at Break even
(10:06 AM) thomas_Poland: 200 sma here
(10:07 AM) thomas_Poland: on 5 min chart
(10:07 AM) tomthetrader: cut back and covered ES at Break even
(10:07 AM) tomthetrader: now just in YM and NQ shorts
redliontrader: you want stops on YM and NQ?
(10:09 AM) tomthetrader: yes thanks we will go just 1% Red on stops
(10:09 AM) tomthetrader: on futures will adjust to .5% at 3:00pm
(10:11 AM) Cathycantrade: I wont be able to trade for all of next week. should I hold the stocks I have and keep hedges? The next day I will be on is Next Friday.
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(10:12 AM) thomas_Poland: and vwap still acts as mean reversion now
(10:12 AM) tomthetrader: Cathy I would hold LONGS and keep a 10% hedge
(10:13 AM) Cathycantrade: Thank You
(10:13 AM) tomthetrader: if you are 25% long I would have a 10% hedge
(10:13 AM) tomthetrader: in a broad ETF short
(10:13 AM) tomthetrader: I think we have a few pullbacks of a few %
(10:14 AM) tomthetrader: But ....nothing big
(10:14 AM) tomthetrader: NO BIG DOWN 1-3 % is all
(10:14 AM) tomthetrader: over 3 days
(10:14 AM) tomthetrader: Just a nice hedge
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redliontrader: new highs 56
(10:23 AM) berniectx: Red FYI paltalk scene works fine today getting audio now
redliontrader: ty..
(10:24 AM) bitterwind4: smh hod test
redliontrader: predicted new highs for EOD: 90
(10:29 AM) Alert: LIVE coverage of the return of the space shuttle NOW on News Talk Online in the Radio/TV Section [Free Video]
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(10:33 AM) berniectx: Tom any thoughts on a gold play??
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(10:36 AM) tomthetrader: I am staRTING to like Gold
(10:36 AM) tomthetrader: GLD is the safest
(10:36 AM) tomthetrader: but I like GG and some of the small miners
(10:36 AM) tomthetrader: HL
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(10:36 AM) tomthetrader: has some silver and gold
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(10:37 AM) tomthetrader: but the Futures are my favorite play and the 2x etf
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(10:39 AM) tomthetrader: STJ
(10:40 AM) tomthetrader: NKE
(10:42 AM) tomthetrader: SKF
(10:51 AM) tomthetrader: we will cut IRA back and sell ZF at 2.97 limit
(10:51 AM) tomthetrader: Again Sell ZF 2.97 limit
(10:51 AM) tomthetrader: we will hold ZTR for the Dividend
(10:56 AM) tomthetrader: ZWEIG FUND INC(NYSE: ZF)
Real-Time: 2.97 0.03 (1.00%) 10:53am EThelp
(10:58 AM) tomthetrader: ZF hit 3.00 and it may be overextended
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redliontrader: spx having trouble with 991 today
(11:03 AM) tomthetrader: yes
redliontrader: new highs 66
(11:04 AM) tomthetrader: I think we are in trouble long ...again anohter 1-3 % by Friday next /
(11:04 AM) tomthetrader: change of character is creeping in here
(11:04 AM) tomthetrader: most cannot see it but there is SELLERS sitting back
(11:05 AM) tomthetrader: and doing a lot of Ambush selling at 990-1000
(11:05 AM) tomthetrader: and it should continue as the bears need to get back in
redliontrader: predicted New highs 97
(11:05 AM) tomthetrader: 3% GDP now expected for Q3
(11:05 AM) tomthetrader: 5% Q4
redliontrader: if we start to see that new 97 go down we know we are loosing momentum, but right now the predicted value keeps increasing
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(11:09 AM) bitterwind4: GLW been a nice scalper
(11:09 AM) tomthetrader: yes ...active great trade'
(11:11 AM) thomas_Poland: vwap here
redliontrader: tp .. vwap on es?
(11:13 AM) thomas_Poland: many people are affraid of doing anything before weekend ?
(11:13 AM) thomas_Poland: yes on ES
redliontrader: i have 985 what do you have
(11:14 AM) thomas_Poland: 985.10
(11:14 AM) thomas_Poland: so the same
(11:14 AM) mdcully: bac new highs for day
(11:14 AM) thomas_Poland: and when I said here we were just at the vwap
redliontrader: bounced off it
(11:14 AM) thomas_Poland: yep
(11:14 AM) tomthetrader: Just relentless buying
(11:15 AM) tomthetrader: everytime a sell program hits it is followed buy a 10x more buys ..plus little buyers on every dip
(11:15 AM) tomthetrader: two fold bull attack where bears have the one
(11:18 AM) tomthetrader: Surprise decline in personal spending was the key to GDP
(11:18 AM) tomthetrader: Government is back ..corporarions have cut back and look where the consumer is /
(11:18 AM) tomthetrader: 80% of the economy is living off what now ?
redliontrader: strongest selling of the day here
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(11:23 AM) hibuck2: lighting capitol of the world FLA
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(11:24 AM) tomthetrader: yes Ocala Florida
(11:24 AM) tomthetrader: we played baseball for 15 years in and around central florida and have seen some unreal things
(11:25 AM) sttteve: not to great here in S fl either
(11:26 AM) berniectx: Maybe TP can finance a black box and seat on the exchange for the group...we will pay you back with some interest
(11:26 AM) sttteve: nothing yet hope it keeps up
(11:26 AM) nimesh_: still short ym, nq?
(11:27 AM) tomthetrader: yes
(11:27 AM) Cathycantrade: still edz?
(11:28 AM) tomthetrader: EDZ is a good hedge Cathy
(11:28 AM) tomthetrader: we do not have as we replaced with futures short but I would hold if I were you
(11:28 AM) Cathycantrade: Ok
(11:28 AM) tomthetrader: I think it is a great hedge
(11:28 AM) tomthetrader: for the coming 5 days
(11:31 AM) berniectx: jeez Obama coming to TV again today he is on every day it seems
(11:32 AM) bitterwind4: he is getting his own channel
(11:35 AM) tomthetrader: OMBC
(11:36 AM) tomthetrader: 10 year 3.55%
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(11:40 AM) tomthetrader: 99.00 spy
(11:41 AM) tomthetrader: 988.50 spx cash
(11:41 AM) tomthetrader: 830+ a/d
(11:42 AM) tomthetrader: we will have to try to cover NQ and YM soon as we begin to break out again
redliontrader: 72 with prediction 99
(11:42 AM) tomthetrader: Thank you
(11:43 AM) tomthetrader: feels like we are going to bust up soon
(11:43 AM) tomthetrader: Oil taking off
(11:43 AM) tomthetrader: dollar stinks
(11:43 AM) tomthetrader: UNREAL
(11:44 AM) PremR: dollar going down is not good for equiteis is it....good for oil which is denominated in dollars.
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(11:49 AM) Fulkdaddy: Down dollar is good for equities
(11:49 AM) Fulkdaddy: Why is it down so hard???
(11:50 AM) bitterwind4: I wonder what side SOROs is on
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(11:51 AM) tomthetrader: 1st time ever bullish on gold due to weak dollar
(11:52 AM) tomthetrader: commodities
(11:52 AM) tomthetrader: oil
(11:52 AM) tomthetrader: gold
(11:52 AM) tomthetrader: inflation
(11:52 AM) tomthetrader: good earnings for international
(11:52 AM) tomthetrader: companies
(11:53 AM) tomthetrader: HL a good play can go to 10.00 if gold goes to $1000
(11:54 AM) tomthetrader: ABX
(11:54 AM) tomthetrader: and GG
(11:55 AM) tomthetrader: and GLD or NEM
(11:56 AM) tomthetrader: Sell ZTR at 3.68 ...cannot stand the strain
(11:56 AM) tomthetrader: 3.68 ZTR sold
(11:56 AM) nimesh_: is there a stop on the ym and nq shorts?
(11:56 AM) tomthetrader: Can't stand the market now
(11:57 AM) nimesh_: yes, very annoying
(11:57 AM) tomthetrader: (10:08 AM) redliontrader: you want stops on YM and NQ?
tomthetrader: yes thanks we will go just 1% Red on stops
tomthetrader: on futures will adjust to .5% at 3:00pm
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(12:00 PM) mdcully: if any body wants to play the dollar
(12:02 PM) tomthetrader: =800+ a/d very strong
(12:02 PM) nimesh_: ok, thanks
(12:02 PM) tomthetrader: 1615 NW
(12:02 PM) tomthetrader: NQ
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(12:03 PM) tomthetrader: mdcully : did you have a dollar recommendation you wantd to share /
(12:03 PM) mdcully: the ones I posted above are direxion funds if anybody was interested in playing dollar
(12:04 PM) tomthetrader: there is no post...or I do not see it
(12:04 PM) tomthetrader: anyone see ms's post
(12:04 PM) Harrod_t: Was not following the question
(12:05 PM) mdcully: DXDDX dollar bear and DXDBX dolar bull both 2.5 leveraged
(12:06 PM) mdcully: are direxion funds
(12:06 PM) mdcully: http://www.direxionfunds.com/products.html
(12:06 PM) tomthetrader: Thank you ...why so many letters /
(12:06 PM) tomthetrader: seems like mutual funds /
(12:07 PM) tomthetrader: UUP and DUP ?
(12:07 PM) mdcully: they are but still can be traded short term just need to check with broker may cgarge more then regular trade
(12:07 PM) *** Cathycantrade has left the room ***
(12:09 PM) mdcully: ok those will work as well anyhow just wanted to point out if anyones interested
(12:10 PM) tomthetrader: Thank you ..very good data ...will look into and hope the break in the $ will help get a correction and not a blowoff up !
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(12:13 PM) tomthetrader: 1625
redliontrader: new noon day highs 76, prediction 100
(12:13 PM) tomthetrader: stop NQ
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(12:14 PM) tomthetrader: 9160 YM stop
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(12:15 PM) mdcully: I need to point out Those direxion funds have end of day closing so to trade short term are for 2 days or longer
(12:16 PM) tomthetrader: 1618 NQ stops
(12:16 PM) eman11: y
(12:17 PM) eman11: No still holding for now
(12:17 PM) tomthetrader: OK
(12:17 PM) tomthetrader: what is your current bid ask /
(12:17 PM) tomthetrader: so we can exit in here
(12:17 PM) eman11: ym 9124-26
(12:18 PM) tomthetrader: or put a better stop in
(12:18 PM) tomthetrader: NQ ?
(12:18 PM) eman11: nq 1611-1611.25
(12:18 PM) tomthetrader: OK stops in 1615NQ YM 9150
(12:20 PM) tomthetrader: DAG DYY GLD
(12:20 PM) tomthetrader: all the dollar plays + OIL
(12:20 PM) tomthetrader: $ IS GOING TO BREAK CLOSING fRIDAY LOWS
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(12:23 PM) tomthetrader: 99% OF THETIME HERE THE MARKET WOULD FAIL AND DROP 1% ....NOT HERE ?
(12:23 PM) tomthetrader: WHY ...hft bLACKBOX TRADING
(12:24 PM) tomthetrader: sorry caps
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redliontrader: 12:30 pm new highs 79, predicition 101
(12:32 PM) tomthetrader: won't do it ?
(12:33 PM) tomthetrader: if we fade into close ?
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(12:33 PM) tomthetrader: momentum lost here
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(12:38 PM) tomthetrader: spx hit unch cash
(12:38 PM) tomthetrader: NAZ going -
(12:44 PM) tomthetrader: NQ stops Break even on futures
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(12:48 PM) tomthetrader: it really is unfair trading .....need some fishing !
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(12:49 PM) tomthetrader: RUT 560 needs to see 525 on close
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(12:52 PM) tomthetrader: Last Trade: 1,609.25 sell 10 and get out with profit on NQ
(12:53 PM) tomthetrader: 9140 YM stops now
(12:53 PM) tomthetrader: Out of NQ with hard earned profits
(12:54 PM) tomthetrader: 1609.25 sold 10 NQ stop YM at 9140 here
(12:55 PM) tomthetrader: BGZ daytrade short in close
(12:56 PM) tomthetrader: please load up and look we will enter on a rally if YM gets stopped we will enter
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redliontrader: 12:30 new highs 82, predicted 101
redliontrader: 1pm sorry
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(1:27 PM) tomthetrader: needs a pump up
(1:27 PM) tomthetrader: GENZ getting killed
(1:28 PM) tomthetrader: JAZZ collapsed
(1:28 PM) tomthetrader: GDP could increase 5% or more if Cash for clunkers continues ...the greatest "save' OF A INDUSTRY ...ever
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(1:32 PM) tomthetrader: 32 CASES closed lower with similar TRIN readings
(1:32 PM) tomthetrader: 4 higher
(1:32 PM) tomthetrader: max gain .74%
(1:33 PM) tomthetrader: so odds favor the bears into the close
(1:33 PM) tomthetrader: will it get ugly ?
(1:33 PM) tomthetrader: or we will soar into new highs
(1:34 PM) tomthetrader: Here come DA BULLS
(1:34 PM) tomthetrader: YM stopped ?
(1:34 PM) eman11: not yet
(1:35 PM) eman11: 9137 ym
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(1:35 PM) tomthetrader: is it really possible to have this many buy the dips /
(1:36 PM) tomthetrader: LARGE CAP BEAR 3X(NYSEArca: BGZ)
Real-Time: 27.45 0.29 (1.05%) 1:36pm EThelp
(1:37 PM) eman11: 25%?
(1:37 PM) tomthetrader: Yes
redliontrader: 1:52pm next buy program
(1:38 PM) tomthetrader: 25 % into BGZ 27.45 Traders stop 27.15
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redliontrader: 1:30 pm new highs 87, pred. 101
redliontrader: yes 87
(1:42 PM) eman11: NO recent high 9137
redliontrader: yes.. no stop
redliontrader: YM Stopped
(1:43 PM) tomthetrader: OK
(1:44 PM) tomthetrader: 25 % short now as expected
(1:44 PM) tomthetrader: BGZ our only trade into close
(1:44 PM) tomthetrader: program trade early ?
redliontrader: came in early
(1:45 PM) tomthetrader: yes
(1:46 PM) tomthetrader: maybe will leave early...we should have left at noon ....
(1:46 PM) tomthetrader: ASTONISHING
(1:47 PM) tomthetrader: =300+ A/D Naz
(1:47 PM) mdcully: pal new high
(1:49 PM) tomthetrader:
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(1:54 PM) berniectx: going to walk away for today, took some $$ amd will not give it back to them, everyone have a good weekend be careful
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redliontrader: by bernie enjoy the weekend
(1:55 PM) tomthetrader: Thank you bernie and have a great weekend
(1:55 PM) tomthetrader: thanks for your support
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redliontrader: i have 1:58 next
(1:58 PM) tomthetrader: Buy programs and black boxes set to ruin bears hopes /
redliontrader: now they are late.. where is thomas seiko?
(2:00 PM) tomthetrader: I think we selloff....Have I said that 30 x this month /
(2:00 PM) ajayvee: 31
(2:00 PM) tomthetrader: The most overused word is overbought in july /
(2:01 PM) thomas_Poland: I would say it is pathetic
(2:01 PM) rjllanas: yo thanks tom up big on dyy
(2:01 PM) tomthetrader: There we go
(2:01 PM) tomthetrader: CONGRATS
(2:01 PM) tomthetrader:
(2:02 PM) tomthetrader: DYY a monster week
(2:02 PM) tomthetrader: DAG
(2:02 PM) rjllanas:
redliontrader: 2PM new highs 93, prediction 103 (+2)
(2:03 PM) thomas_Poland: with NYsE TRIN still above 1.5 in 2009 the ES went down on 30 out of 37 occurrences during the final hour of the sesssion
(2:03 PM) thomas_Poland: by tradingtheodds
(2:03 PM) thomas_Poland: my indicators tells me also negative close
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(2:10 PM) tomthetrader: I just want to see some natural occurences
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(2:11 PM) tomthetrader: but the BULL is really impressive...no selling everyone has jumped ship ...very strange market conditions..many are calling for a end of the rally for years to come ?
(2:11 PM) tomthetrader: and we just keep making fools of the shorts
(2:12 PM) thomas_Poland: tradingtheodds short ES 9988.75
(2:12 PM) tomthetrader: March 9th to August
(2:12 PM) thomas_Poland: 988.75
(2:12 PM) thomas_Poland: he made yesterday 8 points
(2:12 PM) thomas_Poland: hmm
(2:12 PM) thomas_Poland: can you see me typing ? anyone ?
(2:12 PM) eman11: y
(2:12 PM) sttteve: y
(2:12 PM) DE_TTT: y
(2:12 PM) thomas_Poland: thanks
(2:12 PM) tomthetrader: 988.75
(2:12 PM) thomas_Poland: remember .. I give only info
(2:13 PM) tomthetrader: ES
(2:13 PM) sttteve: no loans?
redliontrader: spx up and over 991
(2:13 PM) thomas_Poland: I am not saying it is good or bad .. just for info from sources I like
(2:13 PM) eman11: BGZ about to be stopped out
(2:14 PM) mdcully: tna near highs
(2:14 PM) tomthetrader: horrible week close ...just a fight for your life close
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(2:14 PM) tomthetrader: NYA signalling a close up 68 dow points
redliontrader: ES through it res. NQ still lagging..
(2:15 PM) tomthetrader: EMERGING MKTS BEAR3X(NYSEArca: EDZ)
Real-Time: 9.47 0.38 (3.86%) 2:14pm EThelp
(2:16 PM) tomthetrader: we will add to shorts into close Remove stops on BGZ and add edz
(2:16 PM) tomthetrader: NO STOPS ON bgz
(2:16 PM) thomas_Poland: we may start down after bond close
(2:16 PM) tomthetrader: edz NO STOPS
(2:16 PM) thomas_Poland: 3:05 maybe
(2:17 PM) thomas_Poland: 993 or 995 ??
(2:17 PM) thomas_Poland: man .. this is painful
(2:17 PM) tomthetrader: TESTING YESTERDAYS HIGHS
(2:17 PM) csu30: Short BAC 14.43
(2:18 PM) tomthetrader: IF FAILURE IT WILL COLLAPSE
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(2:21 PM) ajayvee: Naz A/D +487 Vol +1.4:1
(2:21 PM) ajayvee: NYSE A/D +1242 Vol +1.6:1
(2:21 PM) ajayvee: RUT A/D +400 Vol +1.2:1
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(2:22 PM) mdcully: anyone in PAL 3.07 last new highs
(2:26 PM) tomthetrader: pal A REAL MOVER
(2:26 PM) tomthetrader: a/D so strong amazing
(2:26 PM) mdcully: yes
(2:26 PM) bitterwind4: only traded NVDA, GLW CSCO on bounces today... no shorts. did fine.
(2:27 PM) bitterwind4: gonna trade stocks only....seems easier in this mkt
(2:27 PM) bitterwind4: 4 me
(2:28 PM) tomthetrader: No doubt ...this is tough
(2:28 PM) tomthetrader: OIL is really great ..all the stagflation plays
(2:28 PM) tomthetrader: new highs going to click
(2:29 PM) tomthetrader: new lows ever on EDZ
(2:29 PM) bitterwind4: we should pick some of your key, best stocks and just try to nail them on bounces while this mkt is onme way.
(2:29 PM) bitterwind4: or short them too
(2:30 PM) bitterwind4: one way
(2:30 PM) Fulkdaddy: Anyone know why the dollar is getting smacked down?
(2:30 PM) thomas_Poland: yes
(2:31 PM) thomas_Poland: if you have a lot of stuff it is cheap
(2:31 PM) thomas_Poland: always
(2:31 PM) thomas_Poland: and now when Obama and team are printing like crazy ...
redliontrader: 2:30 pm New Highs 96 Pred 105 (+2)
(2:32 PM) tomthetrader: hot
(2:32 PM) tomthetrader: hot
redliontrader: qqq's are DIW (dead in the water)
(2:32 PM) tomthetrader: momomomo
redliontrader: neg tick trend showing possible downtredn
(2:37 PM) Fulkdaddy: The dollar looks like it is forming a nice double bottom at 78.32...79.32 now. If it rallies, we could get a nice market pullback
redliontrader: lowest tick of the day
(2:40 PM) tomthetrader: 990.00 spx see if no higher than today
(2:41 PM) tomthetrader: maybe rally is going to get the new highs ....
(2:41 PM) tomthetrader: but collapse under profit taking on currency fears
redliontrader: its like they left the kids in control at GSachs and said don't go below 986 and above 991 on spx, otherwise have fun..
(2:42 PM) tomthetrader: agree
redliontrader: ok, this is real selling now
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(2:42 PM) tomthetrader: 69.00 oil
(2:43 PM) tomthetrader: OIL
(2:43 PM) tomthetrader: OIL
(2:43 PM) tomthetrader: OIL
(2:43 PM) tomthetrader: so much supply
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(2:43 PM) tomthetrader: and still heading for highs
(2:43 PM) tomthetrader: Q's will go red today /
(2:44 PM) tomthetrader: QID up ?
(2:44 PM) tomthetrader: EMERGING MKTS BEAR3X(NYSEArca: EDZ)
Real-Time: 9.58 0.27 (2.74%) 2:44PM EThelp
(2:45 PM) tomthetrader: stop EDZ Break even
(2:45 PM) tomthetrader: 9.47
(2:45 PM) tomthetrader: LARGE CAP BEAR 3X(NYSEArca: BGZ)
Real-Time: 27.49 0.25 (0.90%) 2:45pm EThelp
(2:45 PM) tomthetrader: stop 27.39
redliontrader: did I mis an EDZ trade?
(2:46 PM) tomthetrader: (2:15 PM) redliontrader: ES through it res. NQ still lagging..
tomthetrader: EMERGING MKTS BEAR3X(NYSEArca: EDZ)
Real-Time: 9.47 0.38 (3.86%) 2:14pm EThelp
tomthetrader: we will add to shorts into close Remove stops on BGZ and add edz
(2:47 PM) Fulkdaddy: I put on short hedges at the close yesterday...I need a total collapse here
(2:47 PM) Fulkdaddy: C'mon!
(2:48 PM) Fulkdaddy: Thomas, give us a DIE BULLS!!!
(2:48 PM) tomthetrader: BK OF AMERICA CP(NYSE: BAC)
Real-Time: 14.44 0.47 (3.36%) 2:47pm EThelp
(2:48 PM) tomthetrader: 5000 sh
(2:48 PM) tomthetrader: stop 14.74
redliontrader: had my sould off, BAC short?
(2:50 PM) tomthetrader: yes
(2:51 PM) tomthetrader: 5000 sh at 14.44 stop cover 14.74
(2:51 PM) sttteve: red Tom posted in text can you see it
redliontrader: yes, lovely teal
(2:52 PM) tomthetrader: I will go back to RED
redliontrader: i like red
(2:52 PM) tomthetrader: My gayness nust end here
(2:52 PM) tomthetrader: Manly
(2:53 PM) mdcully: BAC seems really strong
(2:53 PM) tomthetrader: final short covering
(2:54 PM) tomthetrader: very strong
(2:54 PM) tomthetrader: need some PAL trades ....md cully has to warn uson those trades /
(2:55 PM) tomthetrader: great PAL alive
(2:55 PM) tomthetrader: 5-6 x volume on a CNBC news story ..are we getting frothy ?
(2:56 PM) tomthetrader: stop our daytrades at Break even
(2:56 PM) mdcully: AXL real strong today as well, wonder if the weak dollar has anything to do with todays moves up in these lower priced stocks
(2:57 PM) tomthetrader: PAL was up on weak dollar and news
redliontrader: 3:00pm new highs 100, pred 105 (+0)
(3:00 PM) eman11: Thanks Red for your new highs updates.
(3:00 PM) tomthetrader: sell EDZ at market 3:10pm
(3:01 PM) tomthetrader: again sell at avg prices EDZ OK
(3:01 PM) tomthetrader: 3:01 -3:10pm
(3:01 PM) tomthetrader: keep BGZ
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(3:02 PM) eman11: QQQQ just went negative
(3:03 PM) tomthetrader: yes
(3:03 PM) tomthetrader: qid was best pick on highs
(3:03 PM) tomthetrader: frank hit es on the nose
(3:03 PM) tomthetrader: tp...
(3:09 PM) tomthetrader: we will short 5000 XLF at the closing price
(3:09 PM) tomthetrader: in main fund
(3:10 PM) tomthetrader: stopped out of BGZ Break even
(3:10 PM) tomthetrader: 27.45
(3:13 PM) eman11: Do you plan on keeping BAC over the weekend?
(3:13 PM) tomthetrader: Yes
(3:14 PM) tomthetrader: only will short XLF on the close
(3:14 PM) tomthetrader: all other positions are holding
(3:14 PM) tomthetrader: looking forward now til next week as I am POSITIVE we will see a pullback
(3:14 PM) tomthetrader: very very positive !
(3:15 PM) bitterwind4: would you take EDZ into the close over the wknd if it tests lows??
(3:15 PM) tomthetrader: yes
(3:15 PM) bitterwind4: ok tks
(3:15 PM) tomthetrader: we may buy some in AH today if we end up -20-30
(3:15 PM) tomthetrader: cents
(3:16 PM) bitterwind4: ok will watch
(3:16 PM) tomthetrader: meaning the market is now free to drop
(3:16 PM) tomthetrader: currency crises and protectionism talk
(3:19 PM) tomthetrader: 14.50
(3:20 PM) tomthetrader: 13.00 xlf 5000
(3:20 PM) tomthetrader: short
(3:20 PM) tomthetrader: xlf puts
(3:21 PM) eman11: which puts?
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(3:21 PM) tomthetrader: AUG 15.00
(3:21 PM) tomthetrader: are cheap now
(3:22 PM) tomthetrader: esp if we keep rallying into close
(3:22 PM) eman11: Thanks
(3:23 PM) tomthetrader: Thank you ...very tough fighting the tape here but just can't totally give in while the bears are dying
(3:23 PM) tomthetrader: LOOK at that spike
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(3:26 PM) tomthetrader: BGZ was stopped Break even for the Main portfolio site ...looking at XLF close now...add puts
(3:28 PM) sttteve: are we officialy buying puts or shorting the stock XLF
(3:29 PM) tomthetrader: officially shorting XLF on the close ...we will buy puts on Monday to leverage in
(3:29 PM) sttteve: ty
(3:31 PM) tomthetrader: Thank you
(3:33 PM) tomthetrader: ZUPI up 107% since March 9th lows
(3:33 PM) tomthetrader: POOP
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(3:37 PM) Fulkdaddy: Negative close?
(3:37 PM) tomthetrader: yes
(3:37 PM) tomthetrader: 14.65 bac a joke
(3:40 PM) ajayvee: ok to get XLF puts on close?
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(3:41 PM) bitterwind4: edz did test lows and pop
(3:41 PM) tomthetrader: XLF Aug 2009 15.0000 put(OPR: XJZTO.X)
(3:41 PM) tomthetrader: 20 at 2.05
(3:41 PM) DE_TTT: VIX on the move...again
(3:41 PM) tomthetrader: VIX
(3:42 PM) tomthetrader: the coverstory !
(3:42 PM) hibuck2: whts been going on lost router had to go get a new one did not know they r only good 2-3 years
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(3:43 PM) tomthetrader: going to get a- close as we talked of so much
(3:43 PM) tomthetrader: XLF shorts wish we could get 13.00 as our 5000 sh short
(3:43 PM) *** chuck the jeweler has left the room ***
(3:44 PM) hibuck2: my qqq puts just went positive
(3:45 PM) tomthetrader: here comes SMART MONEY shorting Banks
(3:45 PM) Fulkdaddy: Great call on the close, Tom
(3:46 PM) tomthetrader: EDZ may be the best play out there and TZA
(3:46 PM) bitterwind4: did take edz
(3:46 PM) tomthetrader: get your shorts ...maybe geo[olitical concerns over dollar over weekend
(3:46 PM) tomthetrader: protectionism is the scare with STAGFLATION
(3:46 PM) tomthetrader: gold acting well
(3:46 PM) tomthetrader: currency crisis ?
redliontrader: New Highs still passed my prediction now @ 106, predicted 105 although range was 103 - 107
(3:48 PM) bitterwind4: go figure sold GLW and it is at hod now...
redliontrader: i don't think there will be short covering into the w/e here
(3:48 PM) bitterwind4: some days you beat it w a stick and it will not move
(3:49 PM) eman11: Should we take the stops off of BAC at 14.74?
(3:53 PM) traderh_2: Tom great call on BGZ. I bought 2000 at 27.45 out at 27.67. +440 Thanks
(3:53 PM) bitterwind4: sold edz
(3:54 PM) bitterwind4: .70
(3:54 PM) *** thomas_Poland has left the room ***
(3:54 PM) bitterwind4: will try reentry .50 edz
redliontrader: force field around that 1600 area in NQ..
redliontrader: 108 new highs
(3:58 PM) eman11: Are ve keeping the stops in BAC? 14.74
redliontrader: new highs today 108
(4:01 PM) eman11: BOO
(4:01 PM) sttteve: I kept here eric
redliontrader: Monday's magic number is 93
(4:02 PM) eman11: I did too
(4:02 PM) sttteve: Tom filled here on XLF short at 13.01 at moc order
(4:02 PM) tcb66: One heck of a waterfall in the TF into the close
(4:03 PM) tomthetrader: tza
(4:03 PM) tomthetrader: iwm
(4:03 PM) tomthetrader: puts
(4:05 PM) eman11: They just bumped up the closing price on BAC to 14.79
(4:05 PM) bitterwind4: I keep watching EDZ heading to $0.00. It is way down in short time
(4:05 PM) bitterwind4: is still under 10
(4:05 PM) DE_TTT: Tech EPS next week....Monday-ATML Tuesday-CTSH,TSRA,ERTS Wednesday-CSCO,MOLX,ONNN,TKLC Thursday-BRKS,ELX,MCHP,MXIM,NVDA
(4:06 PM) DE_TTT: CSCO is the biggie on Weds
redliontrader: I have traders 100% Cash
redliontrader: Main 30% Long Main
redliontrader: unh
redliontrader: ba
redliontrader: xlf
redliontrader: IRA 100% Cash
(4:08 PM) *** Harrod_t has left the room ***
redliontrader: I missed a DYY trade?
(4:09 PM) tomthetrader: XLF Aug 2009 15.0000 put(OPR: XJZTO.X)
(4:09 PM) eman11: 20 Aug 15 XJZTO at 2.95
(4:09 PM) eman11: oops 2.05
(4:09 PM) *** traderh_2 has left the room ***
redliontrader: 2.05
(4:09 PM) eman11: 2.05 bAD TPER
(4:10 PM) tomthetrader: 2 mee
redliontrader: in main with XLF puts?
(4:10 PM) tomthetrader: traders
redliontrader: k
(4:11 PM) *** Fulkdaddy has left the room ***
(4:12 PM) tomthetrader: bac stinks
(4:13 PM) ajayvee: thanks tom, have a great weekend!
(4:13 PM) eman11: I think Tuesday will be the day that we finally go under the daily high target.
(4:14 PM) ajayvee: maybe XLF puts
redliontrader: 11 trades today close, 5 winners , 3 dogs, 3 B/E
(4:14 PM) tomthetrader: xlk
(4:14 PM) hibuck2: ok hv great weekend
redliontrader: proft of $1301
(4:15 PM) bitterwind4: qqqtn s are 1.18x 1,21
redliontrader: have a good weekend all
(4:15 PM) *** convexity has left the room ***
(4:15 PM) eman11: Thanks REd and Tom Have a good weekend everybody
