(9:06 AM) Alert: This is a G rated room intended for a General Audience including minors. Offensive language is not permitted.
(9:06 AM) Alert: Hi , Welcome to TTT
(9:06 AM) tomthetrader: 8:00pm ?
(9:06 AM) tomthetrader: what hours are you allowed to trade ETF's ?
(9:07 AM) sttteve: what are you going to show in portfolios on website. that is what i follow for trades
(9:07 AM) sttteve: 7 am to 8pm
(9:07 AM) tomthetrader: Me too
(9:07 AM) eman11: I can only trade ETFs from 8:00am to 8:00pm
(9:08 AM) tomthetrader: Hi E ...how is Florida ?
(9:08 AM) sttteve: I will answer for him HOT
(9:08 AM) sttteve: lol
(9:08 AM) eman11: very hot
(9:09 AM) eman11: visiting in-laws.
(9:09 AM) tomthetrader: some dry air on Monday we hear /
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(9:09 AM) sttteve: where in FL are you visiting eric?
(9:09 AM) eman11: I am in West Palm Beach.
(9:10 AM) tomthetrader: OK so is everyone stopped out of TZA ?
(9:10 AM) tomthetrader: or do we want to put stops on
(9:10 AM) sttteve: in Delray Bch here
(9:11 AM) energy2x: put stops in
(9:11 AM) tomthetrader: 14.50 ?
(9:11 AM) sttteve: sounds good Tom
(9:11 AM) eman11: I am only New Yorker who visits FL in August. Apparantly I am a Sunbird.
(9:12 AM) sttteve: I dont know how much of this gap is opex
(9:12 AM) tomthetrader: I will be shorting in the futures on a gap up in my personal account
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(9:12 AM) tomthetrader: and I am hedged in the ES futures
(9:12 AM) tomthetrader: so it is up to us to pull off a miracle here
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(9:13 AM) sttteve: well I will be coming to NY for about 4 weeks in about a week or so. I am only idiot who goes to Brooklyn for vacation
(9:13 AM) tomthetrader: Just wonder if 14.50 will do it or 14.00 /
(9:13 AM) tomthetrader: NYNY will be fun
(9:13 AM) tomthetrader: Mets Yankees ?
(9:13 AM) sttteve: the way this market is going make it $12 for stop
(9:14 AM) tomthetrader: be pretty good breakout !
(9:14 AM) tomthetrader: TF futures I will short at the highs again ...just like last week
(9:14 AM) eman11: Maybe we can wait until the market opens to make a stop?
(9:14 AM) eman11: Yankees
(9:14 AM) tomthetrader: good idea ..get some cash bids
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(9:15 AM) sttteve: Dodgers LOL. my first pets name was Duke. tells you how old I am
(9:15 AM) tomthetrader: The Duke ...good old days
(9:16 AM) sttteve: they were. there were no trades. teams stayed the same
(9:16 AM) sttteve: A Rod makes more then the whole old Yankee team
(9:17 AM) tomthetrader: yes ...
(9:17 AM) eman11: Tom where do you see the high on TF futures?
(9:17 AM) tomthetrader: kept our gloves on the field 1
(9:17 AM) tomthetrader: 574
(9:17 AM) tomthetrader: what do you Have E ?
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(9:19 AM) eman11: I have 572.90 through think or swim.
(9:19 AM) sttteve: that is correct eric
redliontrader: ES just 4 points away from a new high 1016
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(9:19 AM) sttteve: have that # thru trade station
redliontrader: 1016 set on august 7th, a failure here would be 3x
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(9:22 AM) tomthetrader: Thanks RED ...I am going to short these gap highs
redliontrader: TF and NQ still 1% away
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(9:22 AM) tomthetrader: in ES
(9:22 AM) tomthetrader: Then TF
redliontrader: YM needs 47 more points to make top
(9:23 AM) tomthetrader: I am long ES now so I will reverse on the gap up
(9:23 AM) tomthetrader: I will give the fills via Globex
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(9:24 AM) tomthetrader: we will just leave stops off til 11:00am
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(9:25 AM) eman11: great TF at highs of session
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(9:28 AM) tomthetrader: 10:00am could bring a big turnaround or the highs of the rally ?
(9:28 AM) eman11: looking to short TF as well
(9:28 AM) tomthetrader: Yes
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(9:29 AM) tomthetrader: just let me know your price I am with you
(9:29 AM) tomthetrader: B/A
(9:29 AM) bitterwind4: I may short w swguy or octobers
(9:29 AM) tomthetrader: either one should be very exciting today
(9:30 AM) eman11: right now 572.80
(9:30 AM) tomthetrader: and we are off
(9:30 AM) eman11: dropping fast from 573.80-572.50 once it opened
(9:31 AM) tomthetrader: yes
(9:31 AM) tomthetrader: not all stocks opened on NYSE
(9:31 AM) eman11: coming back toward the highs 573.50-.60
(9:31 AM) tomthetrader: LOD TZA
(9:32 AM) bitterwind4: fill 1/2 3.20
(9:32 AM) tomthetrader: OK I am short 10 TF
(9:32 AM) tomthetrader: filled TF 10 short 9:32 am
(9:32 AM) eman11: I am with you short TF at 574.30
(9:33 AM) tomthetrader: 574.30
redliontrader: NQ not able to hold
(9:33 AM) tomthetrader: almost hit 575 TF !
redliontrader: FYI - we are unable to get TF quotes live or delayed on the website..
(9:35 AM) bitterwind4: did fill all 3.25
(9:36 AM) energy2x: stopped TZA ouch
redliontrader: watch NQ..
(9:38 AM) bitterwind4: many stocks filling gaps quickly
(9:40 AM) sttteve: has there been sound this AM?
redliontrader: TF top 578.60
redliontrader: set preopen 8/13
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(9:42 AM) bitterwind4: BGU BGZ standoff since open
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(9:45 AM) tomthetrader: 2008.50 Comp still holding everything except Dow /
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(9:46 AM) bitterwind4: NAZ below 2000
redliontrader: NQ not able to stay above the 1% PB from its previous high
(9:47 AM) bitterwind4: stilll
(9:49 AM) bitterwind4: SPX no new high needs thru 1018
(9:51 AM) tomthetrader: 10:00am Existing home salesshould give the last run up to attempt and fail at new highs
(9:51 AM) bitterwind4: TZA hod is .69 so far
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(9:56 AM) tomthetrader: here comes the final rally of the summer
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(9:56 AM) ajayvee: how long should it last?
(9:57 AM) tomthetrader: intc ...the co. that started it all back to where it started ....
(9:57 AM) tomthetrader: 11;00am max and no new highs for over 1-2 hours
(9:59 AM) hibuck2: $PCRCO .56
(9:59 AM) tomthetrader: froth
(10:00 AM) hibuck2: BRCD got hit 493.30 actual .12 e trading @ 7.54
redliontrader: ES new hig
(10:00 AM) tomthetrader: here we go
redliontrader: SPX new high
(10:00 AM) tomthetrader: breakout has to hold for more than 1-2 hours
(10:01 AM) tomthetrader: existing homes are foreclosed homes
(10:01 AM) tomthetrader: and they are selling
(10:01 AM) tomthetrader: new home sales different
(10:03 AM) tomthetrader: WMT down LOD TZA
(10:04 AM) ajayvee: TF to the moon
(10:04 AM) tomthetrader: a literal rocket ship
(10:04 AM) tomthetrader: 14.13
(10:04 AM) tomthetrader: eza
(10:04 AM) tomthetrader: tza
(10:05 AM) tomthetrader: 14.02
(10:05 AM) ajayvee: are we capitulating yet?
(10:05 AM) tomthetrader: got the total package ben's speech and great home sales
(10:06 AM) ajayvee: Comp at 2014
(10:06 AM) tomthetrader: liftoff to new bull highs
(10:06 AM) tomthetrader: see where we close is the key now
(10:06 AM) ajayvee: close shorts or hang in?
(10:06 AM) tomthetrader: 6 hours of opex
(10:07 AM) tomthetrader: I am staying the course short and will add shorts
(10:07 AM) tomthetrader: In The Main Fund
(10:07 AM) tomthetrader: all the "bad news " next week
(10:08 AM) tomthetrader: 14.04 TZA from 17 + in a week
(10:11 AM) eman11: hopefully 1025 will hold
(10:12 AM) bitterwind4: word is in CA from 8-10 brokers I speak to ....Housing is not at lows no way, but that is CA...many forclosures to come, but it is perception
(10:12 AM) tomthetrader: yes
(10:12 AM) bitterwind4: I am fighting with tenant who want commercial rollbacks of 60% rents
(10:12 AM) tomthetrader: 1016 spx on close would be a big deal
(10:13 AM) bitterwind4: and they will move if they do not get it
(10:13 AM) bitterwind4: tenants
(10:13 AM) willwin: is there sound?
(10:13 AM) bitterwind4: npt here
(10:13 AM) bitterwind4: not
(10:13 AM) willwin: k
(10:13 AM) willwin: haven,t heard tom yet
(10:14 AM) willwin: k
(10:14 AM) hibuck2: y
(10:14 AM) ajayvee: y
(10:14 AM) willwin: thklu
(10:14 AM) sttteve: y
(10:14 AM) bitterwind4: gd
(10:14 AM) eman11: y
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(10:14 AM) derr11: g
(10:14 AM) Bert_TTT: y
(10:14 AM) rjllanas: y
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(10:15 AM) tomthetrader: Bull Market success
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(10:15 AM) eman11: Any stops on TZA?
(10:15 AM) willwin: am tempted to move the other 1/2 pension to short term bonds today, .....but...
(10:16 AM) tomthetrader: we will put on at 11;00am
(10:16 AM) sttteve: stop on TF or we will add?
(10:16 AM) tomthetrader: we will add 1x today and again on Sunday night
(10:16 AM) willwin: it has retraced back to that 66% level from low in march, i said when it hits that i will move it all, for awhile
redliontrader: 10 am NHS: NYSE 51 +183% Day-1 +207%
(10:17 AM) tomthetrader: amazing
(10:17 AM) bitterwind4: sold my GLW 16.10
(10:17 AM) willwin: but this mkt won't stop
(10:17 AM) bitterwind4: on your comments on GLW last night Tom
(10:17 AM) tomthetrader: seems like 1025 next stop
(10:18 AM) longerorshorter: tom u dont like anything long here?
(10:18 AM) tomthetrader: I like AG and Commodities
(10:18 AM) tomthetrader: BG POT MOO DBC DBA OXY
(10:19 AM) tomthetrader: Ben says on the verge of recovery after we have been out for months ?
(10:20 AM) tomthetrader: it is how they keep rates down
(10:20 AM) tomthetrader: and stocks up
(10:20 AM) tomthetrader: if the truth were told rates would be 6-8%
(10:20 AM) tomthetrader: GE was great buy
redliontrader: 1025 Zweig top?
(10:21 AM) tomthetrader: We have a WATCHLIST of LONGS in The Traders CORNER
(10:21 AM) tomthetrader: 1025 today ?
(10:21 AM) Bert_TTT: UNG starting to move from oversold
(10:21 AM) tomthetrader: BERT I would now buy and am buying NG futures
(10:22 AM) tomthetrader: You can go into Nat gas stocks now
(10:22 AM) tomthetrader: APA
(10:22 AM) tomthetrader: DVN
(10:22 AM) tomthetrader: EP
(10:22 AM) tomthetrader: CHK
(10:22 AM) tomthetrader: SM
(10:22 AM) willwin: long glw
(10:23 AM) tomthetrader: if economy is as strong as they say GLW will make a great comeback
(10:23 AM) tomthetrader: if no consumer ...a long wait
(10:24 AM) bitterwind4: that is what it sounded like last night re GLW...will see
(10:26 AM) tomthetrader: Amateur hour ending now
(10:26 AM) tomthetrader: time for the real money
(10:28 AM) ajayvee: Naz A/D +1309 Vol +5:1
(10:28 AM) ajayvee: NYSE A/D +2026 Vol +19:1
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(10:28 AM) ajayvee: RUT A/D +1475 Vol +6:1
(10:28 AM) tomthetrader: Climatic Buying
(10:29 AM) ajayvee: Irrational Exhuberance
(10:29 AM) tomthetrader: pretty powerful stuff
(10:30 AM) tomthetrader: we will see if we make all new rally highs on the close
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(10:30 AM) tomthetrader: the biggest close of the week for technicians is friday
(10:31 AM) tomthetrader: INTC at 18.70 ?
(10:31 AM) tomthetrader: should be at 30.00 ?
redliontrader: 10:30 am NHS: NYSE 61 +144% d-1, 163% d-5
(10:31 AM) tomthetrader: Great work Red
redliontrader: 10day Hi-Lo: +974
(10:32 AM) tomthetrader: amazin
(10:32 AM) ajayvee: red, where does 10day hi-lo come from?
(10:34 AM) tomthetrader: 50.51 I bought 1000 sh SPXU
redliontrader: i calculate it in stockfinder.. use the Rut3000 stock list and every 10 minutes scan all 3K stocks for 10 day highs and lows
(10:34 AM) ajayvee: thanks
(10:34 AM) tomthetrader: -5% on day trigger SPXU buy
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(10:43 AM) tomthetrader: SPXU can be bought in place of ES futures at 1025 SPX
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(10:53 AM) hibuck2: TRIN is mvg up on the naz but not the dow
(10:53 AM) hibuck2: $TRIN .26 $TRIQE .74
redliontrader: low ticks of the day here -560
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redliontrader: 11:00 am NHS: NYSE 64 +106% d-1, 134% d-5
(10:57 AM) tomthetrader: The bull run in the banks only similar to 1981
(10:57 AM) tomthetrader: only comparable time in US history /
(10:58 AM) tomthetrader: DIS GE No one would touch a few days ago now they are buying buy the Rail car /
redliontrader: 10 day hi-lo: +955 (-19 since 1/2 hour)
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(11:08 AM) eman11: Is there a stop on TZA? Still hoping 1025 holds
redliontrader: here comes a test
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(11:13 AM) ajayvee: is oil going up only because of the dollar? or was there other news?
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(11:19 AM) bitterwind4: eman re TZA.. I thought 4% but not sure at this point. gl No matter what tho, trade your own positions sizes and stops according to your portfolio. If I do not it bites me.
(11:20 AM) tomthetrader: OIL falling pretty hard since gap up
(11:21 AM) tomthetrader: QCOM down
(11:21 AM) tomthetrader: Our Options portfolio looking good !
(11:21 AM) tomthetrader: about the only thing
(11:24 AM) eman11: I try to follow along with the TRADERS account, Tom is a much better Trader then me. Tom mentioned earlier that he would be putting stops on at 11:00, I just wanted to see what they were.
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(11:26 AM) dhmohan1963: tom has the market direction changed due to breaking of 1018
(11:26 AM) tomthetrader: a simple 2% from the bid E
(11:27 AM) dhmohan1963: new high
(11:27 AM) eman11: I don't always follow Tom to the letter, but I like to know where he stands before putting in stops and stuff. I learned a great deal since joining TTT and learning more everyday.
(11:27 AM) eman11: Thanks Tom
(11:27 AM) tomthetrader: 2% is all we can give them on ETF and 1% Futures so we want to hold intil Monday is the key
redliontrader: oil off 2% from it's high set today
(11:27 AM) eman11: Would you use a 2% trail or a hard stop from current bid.
(11:28 AM) tomthetrader: Monday we have to survive til then
(11:28 AM) tomthetrader: Trail
redliontrader: 11:30 NHs: 69 +60% d-1, +100% d-5
redliontrader: we are slowing down here
redliontrader: 10 day hi-lo: +983 (+28 last 1/2 hour)
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(11:34 AM) tomthetrader: wowza
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(12:12 PM) willwin: long srs
(12:14 PM) bitterwind4: smh good day
redliontrader: just posted a picture from my A/D race indicator showing the divergence between the A/D lines today
redliontrader: http://twitpic.com/eq0zk/full
redliontrader: 12:00pm NYSE NHS: 73 +55% d-1, +95% d-5
redliontrader: 10day hi-lo: +1019
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redliontrader: Thomas.. do you have any times for us today?
(12:21 PM) eman11: I think Thomas is out today on vacation, he should have left bhis Seiko behind
redliontrader: we are lost without him.. I have no idea what time it is..
(12:25 PM) eman11: 580 on the RUT is holding strong. need to bust through.
(12:25 PM) longerorshorter: 12.24 eastern time
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(12:28 PM) ajayvee: Naz A/D +1234 Vol +4.6:1
(12:28 PM) ajayvee: NYSE A/D +1952 Vol +17.7:1
(12:29 PM) ajayvee: RUT A/D +1398 Vol +3.3:1
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(12:33 PM) hibuck2: &PCRCO .60
(12:33 PM) hibuck2: $TNX 35.42 3.54
(12:34 PM) hibuck2: TRIN .21 TRIQE .59
(12:38 PM) eman11: RUT has weakest Up:Down Ratio, but is up the most percentage wise.
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(12:43 PM) bitterwind4: didl add TZA 14.10 stop is brk lod or .88
redliontrader: 12:30 NHS NYSE: 75 +50% d-1, +70% d-5
redliontrader: 10 day h-l : +1033
(12:47 PM) tomthetrader: amazin new bull launch ?
(12:48 PM) tomthetrader: if we end up with these lobsided a/d lines and up down vol it will be statistacally a new Bull Launch
(12:48 PM) tomthetrader: and there will be little time to get out of this bull trap
(12:48 PM) tomthetrader: I out us in
(12:48 PM) tomthetrader: Put
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(12:51 PM) ajayvee: well, it was a good week, until today. Your butt must be getting sore from all that kicking.
(12:55 PM) Fulkdaddy: Never short a dull market...it is amazing how well this little axiom works
(12:58 PM) bitterwind4: read an article that they will remove all bad debt from FNM and FME to a new "Bad" bank enabling them to feed the housing mkt with new cheap loans ....to fuel housing again. Govt needs the money and the votes....sure sounds plausible....will see
(12:58 PM) bitterwind4: god conspiracy theory
(12:58 PM) bitterwind4: good
redliontrader: 1pm NHS NYSE: 77 +48% d-1, +88% d-5
redliontrader: 10 day h-l : +1044
redliontrader: Dow just hit 100% + A/D
redliontrader: the N100 and SP500 A/D line starting to dive
(1:08 PM) eman11: RUT testing 580 again
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(1:21 PM) tomthetrader: Hope this is the last surge....I will be in and out but there will be no changes if I get stuck at the tire store...wife had a flat ..they say she needs 4 new tires !
(1:22 PM) tomthetrader: TTT Will be back ....if not Please let me know how it goes
(1:22 PM) tomthetrader: We will hold until next week ...Or at least I will
(1:22 PM) tomthetrader: TTT Out for now
(1:25 PM) eman11: Really need RUT to go below 580 for at least 15min.
redliontrader: 1:30pm NHS NYSE: 79 +41% d-1, +82% d-5
redliontrader: 10 day h-l : +1051
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(1:34 PM) ajayvee: Naz A/D +1180 Vol +4:1
(1:35 PM) ajayvee: NYSE A/D +1881 Vol +13:1
(1:35 PM) longerorshorter: thanks ajay
(1:35 PM) ajayvee: RUT A/D +1336 Vol +3:1
(1:35 PM) ajayvee: yw
(1:37 PM) hibuck2: Eman 579.92
(1:39 PM) eman11: Yes RUT under 580 let's see if hold for at least 15min.
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(1:50 PM) ajayvee: boy if the markets would go red they would wipe out all option holders today, just what opex is supposed to do
(1:51 PM) eman11: That would be sweet.
(1:52 PM) eman11: RUT has now stayed below 580 for at least 15 min. Even thought it is a trend up day,I think we have seen the highs of the day IMHO
(1:53 PM) bitterwind4: no matter how the sugar coat it economy is in tough shape and housing in disarray
(1:53 PM) eman11: True B4, but sometimes I feel I am the only one who thinks so.
(1:55 PM) bitterwind4: I know...must just be me with RE in shambles
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(1:56 PM) bitterwind4: SPY puts got cheap, but will see if they bounce moving forward
(1:58 PM) bitterwind4: would be nice
redliontrader: hedgies buy or sell?
redliontrader: eman .. we held below 580 so now what?
redliontrader: 1:30pm NHS NYSE: 83 +34% d-1, +77% d-5
(2:01 PM) eman11: RUT has now stayed below 580 for at least 15 min. Even thought it is a trend up day,I think we have seen the highs of the day IMHO
redliontrader: 10 day h-l : +1051
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redliontrader: stalled for 30 minutes
(2:02 PM) eman11: I added a little bit more TZA at 14.18
(2:18 PM) eman11: Added a little more TZA at 14.16
(2:20 PM) eman11: Will sell newly purchased TZA shares if RUT can climb above 580 and hold for 15 min. or stop at 2% back
(2:21 PM) eman11: Now that RUT broke below 580 and stayed there for a while, it should provide strong resistance going forward.
redliontrader: buy program
(2:28 PM) longerorshorter: thanks red
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redliontrader: 2:30pm NHS Nyse: 85: +37% d-1, +78% d-5 (picked up a little strength)
redliontrader: 10 day h-l : +1061
(2:35 PM) ajayvee: Naz A/D +1070 Vol +3.6:1
(2:35 PM) ajayvee: NYSE A/D +1717 Vol +11:1
(2:35 PM) ajayvee: RUT A/D +1190 Vol +2.6:1
(2:37 PM) ajayvee: Tradestation down?
(2:37 PM) sttteve: yes ajay data problem
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(2:56 PM) tomthetrader: Back with 2 new tires not 4 !
(2:57 PM) tomthetrader: You guys did not give me any good news ...but you are working the tape for me ?
(2:57 PM) tomthetrader: seems the ungodly high a/d and up down vol is slipping a touch
(2:58 PM) tomthetrader: Thanks for covering for me RED and Company ...you guys are good
(2:58 PM) tomthetrader: TBT UUP ....vert intriguing action
(2:58 PM) tomthetrader: very
(2:59 PM) tomthetrader: The Dollar and Rates I think are in control ..not stocks
(2:59 PM) tomthetrader: we are being forced into equities by the FED / Treasury
(2:59 PM) tomthetrader: the only shot for the Bears is a currency crisis ?
(2:59 PM) tomthetrader: nobody wants that
redliontrader: 3:00pm NHS Nyse: 86: +34% d-1, +75% d-5 - lost just a little
(3:01 PM) tomthetrader: think Monday will be ugly ?
(3:01 PM) tomthetrader: or will the close give us a bright RED BAR
redliontrader: 10 day h-l : +1064
(3:12 PM) tomthetrader: M Whitney back at the banks in interview to no avail !
(3:13 PM) tomthetrader: Red : what do you have for High print in Cash SPX ? Or anyone else ...?
(3:13 PM) tomthetrader: I am having some data feed problems
(3:13 PM) tomthetrader: was breach of 1025 made ?
(3:14 PM) sttteve: here to with TF data from tradestation
(3:14 PM) eman11: 1025.94 high SPX
(3:14 PM) tomthetrader: Thank you E
(3:14 PM) hibuck2: 1025.94
redliontrader: 1025.59
redliontrader: spx
(3:14 PM) tomthetrader: a close above there would be a nail in the coffin
redliontrader: no new highs yet
(3:15 PM) tomthetrader: Thank you ....sub 14.00 TZA will STINK
(3:15 PM) dhmohan1963: i see .61
(3:15 PM) tomthetrader: Buy programs
redliontrader: spx nh
redliontrader: es nh
(3:15 PM) tomthetrader: yep
redliontrader: ym nh
(3:15 PM) tomthetrader: 45 minutes left
(3:15 PM) hibuck2: $TICK +1060.
(3:16 PM) *** Harrod_t has joined the room ***
(3:16 PM) tomthetrader: maybe too soon on the buy programs ?
(3:16 PM) tomthetrader: maybe enter now ?
(3:17 PM) tomthetrader: 13.96 Zags will buy 25 million shares of TZA BGZ and Some puts
(3:17 PM) dhmohan1963: tom do we come out of tza
(3:18 PM) *** mrstox has joined the room ***
(3:18 PM) *** mrstox has left the room ***
(3:19 PM) *** energy2x has joined the room ***
(3:20 PM) tomthetrader: no ...I have to stay put...and see what Monday brings min
(3:20 PM) eman11: Stopped out of my daytrade of TZA for a loss, still holding regular TRADERS allocation
(3:20 PM) tomthetrader: we will get back to normal on Monday after this fiasco
(3:21 PM) tomthetrader: new highs not confirmed by a/d line
(3:22 PM) eman11: Are we holding TZA in TRADERS over the weekend?
(3:22 PM) hibuck2: it doesnt seem it has umph it has had for last three days
(3:22 PM) *** Harrod_t has left the room ***
(3:24 PM) eman11: TF didn't make a new high during this recent run
(3:28 PM) tomthetrader: yes we are holding all positions into Monday
(3:30 PM) longerorshorter: looking at commodities PCU FCX moves little movement in MOS and POT
(3:30 PM) tomthetrader: POT a rough day of profit taking
(3:31 PM) tomthetrader: Like copper long and like AG overall
(3:31 PM) tomthetrader: MON ?
(3:31 PM) longerorshorter: k thanks tom
(3:31 PM) longerorshorter: which copper play u like ? PCU?
(3:31 PM) tomthetrader: FCX TCK are my 2 best
(3:31 PM) tomthetrader: PCU good
redliontrader: 3:30pm NHS Nyse: 90: +32% d-1, +74% d-5
redliontrader: 10 day h-l : +1083
(3:38 PM) tomthetrader: AMAZIN
(3:40 PM) tomthetrader: 20 minutes and not a seller in site
(3:45 PM) *** derr11 has left the room ***
(3:45 PM) tomthetrader: Have a great weekend
(3:45 PM) hibuck2: tom what do think that all indices broke up above the last months highs ?
(3:46 PM) tomthetrader: Options Expiration
(3:46 PM) tomthetrader: and world wide good news cycle = Bull run
(3:46 PM) hibuck2: does not concern u for higher highs
(3:48 PM) tomthetrader: I don't think we will be there ...for long ..just a dot on a chart by next friday ...I am pretty sure
(3:48 PM) tomthetrader: a Classic "poke thru " and then a set back as so often happens at these stages
(3:48 PM) hibuck2: ok thxs
(3:49 PM) tomthetrader: The most bullish thing is the public got scared early AAII
(3:49 PM) longerorshorter: aaii?
(3:49 PM) tomthetrader: 10 min
(3:49 PM) tomthetrader: American Association of Ind Inv poll
(3:49 PM) longerorshorter: tu
(3:49 PM) tomthetrader: showed people quickly sold Monday
(3:50 PM) tomthetrader: contrary indicator
(3:50 PM) tomthetrader: Monday has the making of a 100-150 point down day
(3:51 PM) tomthetrader: you should see some buying in SPXU here at the close
(3:52 PM) tomthetrader: ZF good week
(3:54 PM) ajayvee: good thing we didn't short COF
(3:54 PM) tomthetrader: took off
(3:54 PM) tomthetrader: all financials
(3:54 PM) tomthetrader: 1981
(3:56 PM) tomthetrader: Don't let the last trade get you down we had 60+ good ones the past few weeks ...let's get back + Monday
(3:57 PM) ajayvee: this was a "kill the put holders" opex
(3:57 PM) tomthetrader: Yes after months of call buying they got their payday
(3:57 PM) tomthetrader: so many "gurus" so wrong
(3:58 PM) tomthetrader: Only Cramer Dead right as much as I hate to say it !
(3:58 PM) *** azags has joined the room ***
(3:59 PM) tomthetrader: 3x shorts are being bought here as expected
(4:00 PM) tomthetrader: SPXU is a good one
(4:00 PM) tomthetrader: CAT Thomas was all over CAT !
(4:01 PM) tomthetrader: Have agreat weekend
(4:01 PM) tomthetrader: hopefully you have good weather ...get some tomatoes ?
(4:02 PM) ajayvee: so TF 580 holds and ES 1025 holds
redliontrader: 4pm NHS Nyse: 95: +28% d-1, +70% d-5
(4:03 PM) *** Fulkdaddy has left the room ***
redliontrader: 10dayhi-lo: +1103
(4:04 PM) nimesh_: nq underperformed today
redliontrader: 1172 of the Russell 3000 stocks made 10 day highs today, only 69 made a 10 day low
(4:07 PM) tomthetrader: still a very bullish day to hold on to gains with good opex volume and mosy ind stocks in bullish optrends now