(7:24 AM) Alert: This is a G rated room intended for a General Audience including minors. Offensive language is not permitted.
(7:24 AM) Alert: Hi , Welcome to TTT
(7:30 AM) ajayvee: Bernanke re-nominated, markets love it.
(7:39 AM) *** tomthetrader has joined the room ***
(7:51 AM) tomthetrader: I may be in and out as my computer system is down partially
(7:51 AM) tomthetrader: will have audio at 9:15 am as usual
redliontrader: lots of drag on this market today.. China, Europe, Banks.. going to ge a interesting day to see what the bulls can do today
(7:53 AM) tomthetrader: Bernanke nomination kept the futures up ...had a decent selloff gpoing on
redliontrader: yes
redliontrader: how much gas the B'man have?
(7:54 AM) tomthetrader: look at TF ES YM NQ chart at 1:00am -2:00am
redliontrader: what did you close the TF @ ?
(7:56 AM) tomthetrader: 578.50
(7:58 AM) ajayvee: wow, the futures have a hell of a run since 2AM!
(7:58 AM) tomthetrader: Yes
(7:59 AM) tomthetrader: the selloff got 3%
(7:59 AM) tomthetrader: from top to bottom
(7:59 AM) tomthetrader: I sold off my futures 2 by 2 all night
(8:01 AM) tomthetrader: 578.40 583.70 576.40 TF over night
(8:03 AM) tomthetrader: Bernanke Leak at 2:00am by WSJ
(8:03 AM) tomthetrader: imagine that !
redliontrader: i am going to squish them all together as 1 lot
(8:03 AM) tomthetrader: Just when a mini crash was to occur
(8:03 AM) tomthetrader: whatever is easiest ...
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(8:05 AM) mayur2009: no music hear
(8:05 AM) tomthetrader: mayur2009 was bounced from the room by tomthetrader. 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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(8:09 AM) ajayvee: maybe we can just fall harder from up here
(8:10 AM) tomthetrader: It is always bad when the gov't is at every dip ?
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(8:18 AM) tomthetrader: we were up AH nicely in BGZ and stopped at Break even or we going to play this like TZA ?
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(8:18 AM) tomthetrader: this is going to be a bad day for bears again
redliontrader: gm jim, ajay, becky, les
(8:18 AM) willwin: gm all
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(8:19 AM) tomthetrader: 'as the 3% correction has Bulls clamoring to buy buy buy
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(8:19 AM) tomthetrader: GM
(8:19 AM) willwin: well i moved another 1/4 to short term funds yesterday
(8:19 AM) longerorshorter: gm
(8:19 AM) tomthetrader: GM
(8:19 AM) willwin: maybe i should have moved that from bonds to equities
(8:19 AM) tomthetrader: hard to believe we had a steep selloff overnight
(8:20 AM) willwin: i am hearing from you we will crash soon so getting ansy
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redliontrader: our NH indicator and 10day indiator will tell us early if there is real momentum behind this open.. as well as the action of the A/D line..
(8:22 AM) tomthetrader: We have to get the BGZoff at break even from this a.m.
(8:23 AM) tomthetrader: or we will get anialated
(8:23 AM) tomthetrader: hit 24.99 this a.m. and now is at 23.66
(8:24 AM) tomthetrader: 24.05 stopped out of BGZ this morning
(8:24 AM) tomthetrader: 100% cash
(8:24 AM) tomthetrader: USO puts
(8:25 AM) willwin: maybe the mkt is waiting for you to give in to the bulls, then it will dive bomb , lol
(8:25 AM) tomthetrader: TZA 14.20 this a.m. now 13.79
redliontrader: gm hibuck.. what have you been using for options lately?
(8:27 AM) hibuck2: gm red
(8:28 AM) hibuck2: for options you mean what platform ?
(8:28 AM) hibuck2: schwab street smart pro
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redliontrader: no i want to put together a list of ES equivs in options.. am wondering what you have been using
(8:30 AM) hibuck2: spy swg uy
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redliontrader: thanks hibuck .. it looks like 11 swguy contracts will yield the same return as 1 es
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(8:38 AM) tomthetrader: looking to add today in Main Fund
(8:38 AM) tomthetrader: CELG
(8:38 AM) tomthetrader: GILD
(8:38 AM) tomthetrader: JNJ
(8:38 AM) tomthetrader: MRK
(8:38 AM) tomthetrader: STJ
(8:38 AM) tomthetrader: UNH
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(8:45 AM) eman11: Is BGZ no longer in the Traders portfolio?
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redliontrader: (8:24 AM) tomthetrader: 24.05 stopped out of BGZ this morning
(8:48 AM) eman11: Okay - I didn't see it listed under today's trades - Thanks
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(8:49 AM) ajayvee: wow nice trade! the high of day I have is 23.84 for BGZ
(8:57 AM) ajayvee: I guess no ties required until markets open, BO and BB doing business casual this morning
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redliontrader: furues like the home price index..
redliontrader: -15% june to june.. isn't that great!
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(9:14 AM) tomthetrader: shows what coming from depression is like !
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(9:17 AM) azags: gm
(9:17 AM) ajayvee: y
(9:17 AM) eman11: y
redliontrader: t
(9:17 AM) csu30: gm
(9:17 AM) azags: I am
(9:17 AM) Fulkdaddy: gm
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(9:19 AM) hibuck2: gm
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(9:25 AM) tomthetrader: zf
(9:25 AM) tomthetrader: qqqx
(9:27 AM) tomthetrader: res 1033
(9:27 AM) tomthetrader: support globex es lows
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(9:27 AM) eman11: what was the Globex lows?
(9:27 AM) ajayvee: 1018.25
(9:27 AM) eman11: Thanks
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(9:28 AM) tomthetrader: NEWS driven release got the market rallying
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redliontrader: zf hasn't traded yet
(9:31 AM) hibuck2: no
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(9:32 AM) hibuck2: ZF 3.02
(9:32 AM) hibuck2: 5400
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(9:35 AM) hibuck2: $PCRCO .46
(9:36 AM) hibuck2: I say we don,t hold up
redliontrader: 32.40
redliontrader: sold on open
redliontrader: yes
redliontrader: it is an overnigt on that scenario
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(9:40 AM) tomthetrader: 10% SSO in TRADERS at 32.61
(9:40 AM) hibuck2: $TRIN .76 $TRIQE .65
(9:41 AM) Fulkdaddy: banks lagging
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(9:41 AM) ajayvee: you're right not in
(9:42 AM) tomthetrader: anyone see it filled on time and sales at 9:37-9:38 ?
(9:43 AM) Fulkdaddy: BKX
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(9:44 AM) hibuck2: $TRIN .86 $TRIQE .82
(9:44 AM) hibuck2: $PCRCO .52
(9:44 AM) hibuck2: $TNX 34.94 3.49
(9:44 AM) hibuck2: yep
redliontrader: our 15 minute new highs on all markets are ahead of the 5 day average, but a little behind y'day's bar... nasdaq is the strongest, NYSE the weakest
redliontrader: waiting to get our first calculation of 10 day his-10 day low.. got a blue screen of death..
(9:46 AM) tomthetrader: seen that today
(9:47 AM) hibuck2: even cramer last night said this market is frothy
(9:47 AM) ajayvee: I place my order when it hit, but did not fill and took off
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(9:48 AM) ajayvee: so it hit a second or two before my order placed
(9:48 AM) tomthetrader: did you see any fills at 32.61 ?
(9:48 AM) tomthetrader: 7000 cboe ?
(9:49 AM) ajayvee: yes saw the fills, just slow with my mouse finger this morning
(9:49 AM) tomthetrader: Thank you AJ
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(9:52 AM) Fulkdaddy: thanks, Tom
redliontrader: 10dhl: +308
(9:53 AM) tomthetrader: I picked up 7000 sh of SSO at 32.61 to hedge
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(9:57 AM) tomthetrader: 1033 cash SPX
(9:57 AM) tomthetrader: good news and they buy em bad news and they sell em
(9:58 AM) hibuck2: do think GS knows
(9:59 AM) bitterwind4: they anticapate good news. used to be the sold the news
(9:59 AM) Fulkdaddy: Market rallying so hard in front of the 10:00 am consumer confidence #, I wonder if it was leaked and will be better than expected???
(9:59 AM) tomthetrader: 1 min
(9:59 AM) tomthetrader: LEAKED
(9:59 AM) tomthetrader: Like the Bernanke data
(10:00 AM) tomthetrader: market was in a spiral at 1:30am and then the WSJ comes out with BB appt and Rally ensued
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(10:01 AM) ajayvee: stopped out of all shorts, oh well
redliontrader: 10:am NHS: NYSE 40 D1:-37% D5:+10%
(10:01 AM) Fulkdaddy: cover BGZ?
(10:01 AM) ajayvee: felt like a dropped the soap in prison
redliontrader: 10 am NHS: NQ 51 d1:-3% D5:+46%
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(10:03 AM) Fulkdaddy: A/D +1775
redliontrader: so to summarize, we are tracking slightly behind yesterday.. which had a very strong open, but could not hold.. and we are ahead of day-5 so most likely the NH momentum will stay +
redliontrader: 10DH-L: +453
redliontrader: ES, TF, YM, NQ all have made New Highs
(10:05 AM) eman11: Nice work Red on the New H-L work with the SSO.
(10:05 AM) Pete45: According to Elliott's wave all major indices to be on the third impulse wave –which is typically the largest
(10:06 AM) hibuck2: $PCRCO .71
(10:06 AM) hibuck2: $TNX 35.09 3.50
(10:06 AM) Fulkdaddy: What is the target Pete?
(10:06 AM) bitterwind4: The federal government faces exploding deficits and mounting debt over the next decade, White House officials predicted Tuesday in a fiscal assessment far bleaker than what the Obama administration had estimated just a few months ago....yhoo
(10:06 AM) hibuck2: $TRIN .24 $TRIQE
(10:06 AM) hibuck2: .85
(10:07 AM) bitterwind4: that shold make a difference
(10:08 AM) tomthetrader: (9:38 AM) redliontrader: it is an overnigt on that scenario
tomthetrader: 10% SSO in TRADERS at 32.61
(10:08 AM) tomthetrader: NO SSO ?
redliontrader: that machine was the one that crashed.. i just haven't entered it yet
(10:08 AM) tomthetrader: if not we will look at 10% in XLV
(10:09 AM) tomthetrader: or a Option play on the sector
(10:09 AM) hibuck2: $TRIN 1.01 $TRIQE .71
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(10:10 AM) ajayvee: Naz A/D +795 Vol +2.3:1
(10:11 AM) ajayvee: NYSE A/D +1553 Vol +3.4:1
(10:11 AM) ajayvee: RUT A/D +928 Vol +2:1
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(10:11 AM) tomthetrader: tomthetrader: COF puts I am buying
tomthetrader: 37.00 SEPT puts are cheap
(10:11 AM) Pete45: fulkdaddy -the third or all 5 impulse?
(10:12 AM) tomthetrader: trying to short COF
(10:12 AM) Fulkdaddy: Both
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(10:13 AM) Fulkdaddy: What about BGZ here Tom?
(10:14 AM) ajayvee: COFUA 2.30/2.25
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(10:14 AM) tomthetrader: YTes AJ
(10:14 AM) Fulkdaddy: +.9%
(10:14 AM) Fulkdaddy: BKX
(10:15 AM) tomthetrader: XLF up 1.4%
(10:15 AM) tomthetrader: I would dump 1/2 BGZ here and hold 1/2 for the close
(10:15 AM) Fulkdaddy: A/D down to 1385 from 1775
(10:15 AM) tomthetrader: yes a good technical selloff
(10:15 AM) Fulkdaddy: thanks
(10:15 AM) tomthetrader: banks are the key
(10:16 AM) tomthetrader: if we can get weak banks to drop
(10:16 AM) tomthetrader: we are OK
(10:16 AM) Fulkdaddy: Oil reversed hard
(10:16 AM) tomthetrader: SPX 1033 is the KEY here like yesterday
(10:16 AM) Fulkdaddy: dollar rallying
(10:16 AM) Pete45: The third usually the largest started on July 13th -it looks like it has 50% more to go before wave 4 which is a correction
(10:17 AM) Fulkdaddy: Thanks, Pete.
(10:17 AM) hibuck2: could be we r selling the news
(10:17 AM) ajayvee: I'm out of shorts, should drop pretty good. Sound like T_P now
(10:17 AM) Fulkdaddy: Can you send us an Elliot Wave report?
(10:17 AM) hibuck2: $TRIN .93 $TRIQE 1.07
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(10:18 AM) tomthetrader: SOLD DBA in MAIN FUND for a small Loss27.68
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redliontrader: 25.68
(10:20 AM) tomthetrader: sold DBA 10% Main took small loss to make room for healthcare
(10:20 AM) tomthetrader: 25.68
(10:20 AM) tomthetrader: wish 27.68
(10:21 AM) Fulkdaddy: Oil tankiing
(10:21 AM) Fulkdaddy: Dollar soaring
(10:21 AM) Pete45: Fulkdaddy -Sorry I don't subscribe I do my own chart
(10:21 AM) bitterwind4: TZA .50 off lows.....they did sell the news in that pump
(10:22 AM) tomthetrader: Yes
(10:22 AM) tomthetrader: shook out all the stops again
(10:23 AM) Fulkdaddy: Pete, even better! Please send your analysis!
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(10:24 AM) ajayvee: ERY or SCO a play today?
(10:24 AM) Pete45: what you email?
(10:26 AM) tomthetrader: SCO best value DUG I LOVE
(10:30 AM) Fulkdaddy: Kass at 10:17 am: Ludicrous Forecast: Down day today.
(10:31 AM) tomthetrader: his reasons ...plummet VIX
(10:32 AM) tomthetrader: Panic Buying
(10:32 AM) tomthetrader: climatic buying
(10:32 AM) tomthetrader: many say Bears are getting emboldened
(10:33 AM) Fulkdaddy: I sent Kass's feelings in an e mail,Tom
(10:33 AM) tomthetrader: DTO 73.20
(10:33 AM) tomthetrader: 73.08
(10:34 AM) tomthetrader: 72.99
(10:34 AM) tomthetrader: 72.50 possible Buy /
redliontrader: 10:30 NHS NYSE: 55 d1:-26% d5:+21%
(10:34 AM) tomthetrader: He just sent a note on VIX and the buying panic
(10:35 AM) tomthetrader: Kass
(10:35 AM) bitterwind4: CSCO 3 day low
(10:35 AM) tomthetrader: buying opp Bitter ?
(10:35 AM) Fulkdaddy: Yes
redliontrader: RUT has 51 nhs and is right on track of y;day and 40% ahead of d-5
(10:36 AM) tomthetrader: NOK on our Recommmended list up 2 days in aa row
redliontrader: nq is 5% behind y'day 30% ahead of day-5
redliontrader: 10dh-l:+713
(10:37 AM) tomthetrader: 1033 SPX
(10:37 AM) tomthetrader: res
redliontrader: fast money last night recommened hedging you profits will Vix Calls
(10:38 AM) tomthetrader: agree
redliontrader: supposedly all the cool kids are doing it..
(10:38 AM) tomthetrader: yes
(10:38 AM) tomthetrader: hula hoop ...
(10:41 AM) Fulkdaddy: Has anyone seen the Jeff Macke interview on CNBC when he was being interviewed by Dennis Neal?
(10:41 AM) Fulkdaddy: He is talking and making no sense
(10:41 AM) Fulkdaddy: I think it is why he was fired??
(10:42 AM) ajayvee: he was drunk or drugged
(10:42 AM) tomthetrader: 25.80 DBA
(10:42 AM) eman11: I saw it, it was hilarious.
(10:42 AM) Fulkdaddy: http://www.youtube.com/watch?v=EWFLfzbZQFI
(10:43 AM) Fulkdaddy: Macke interview...must see it...drugged could be it...or a screw is loose
(10:43 AM) tomthetrader: Great ...thanks
(10:43 AM) tomthetrader: anyone on the Dollar Here ?
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(10:50 AM) tomthetrader: 32.78 we will take our little profit on SSO ...out of SSO
(10:50 AM) tomthetrader: again out of our small 10% SSO position
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(10:55 AM) ajayvee: I can't wait for the day that I call 7000 shares a "small" position
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(10:57 AM) tomthetrader: soon
(10:57 AM) tomthetrader: your ship is coming in'
redliontrader: t
(10:58 AM) pointfisher: y
(10:58 AM) ajayvee: loud and clear
(10:58 AM) bitterwind4: ok
(10:58 AM) hibuck2: y'
(10:58 AM) Kiwi_SanDiego: y
(10:58 AM) derr11: y
(10:58 AM) eman11: y
(10:58 AM) Harrod_t: t
(10:58 AM) hibuck2: wack
(10:58 AM) Pete45: y
(10:59 AM) Fulkdaddy: Let me send you an update on the Baltic Index
redliontrader: 11:00 NHs NYSE: 63 D1:-26% D5:+22%
(11:00 AM) tomthetrader: EGLE DRYS EXM
redliontrader: 10dnh-l: +730
redliontrader: China is lying
(11:00 AM) ajayvee: you would think they would need to hire some people also
redliontrader: we have slowed down adding 10 day NHs in the last 1/2 hour
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(11:02 AM) tomthetrader: interesting TAPE
(11:02 AM) eman11: I think the US, China and other nations are trying to bluff their way out of the recession.
(11:02 AM) hibuck2: on SWG IY and SWG UY todays volume allmost equal 18,322 & 19,233 but OI lopsided 113,266 & 29,330
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(11:03 AM) tomthetrader: BAX 57.10 take a look
(11:03 AM) tomthetrader: maybe a takeover play
(11:03 AM) hibuck2: $PCRCO .79
(11:04 AM) tomthetrader: better after that jolt of selling
(11:04 AM) hibuck2: $TRIN 1.01 $TRIQE .98
(11:04 AM) hibuck2: $TNX 35.00 3.50
(11:05 AM) ajayvee: Naz A/D +482 Vol +1.4:1
(11:05 AM) ajayvee: NYSE A/D +1153 Vol +2.1:1
(11:05 AM) ajayvee: RUT A/D +612 Vol +1:1
(11:06 AM) tomthetrader: BZH puts at 4.00
(11:08 AM) hibuck2: it might not mean anything but for the past week or so the trins could not get anywere near one in fact most days were .25 .30 now they r staying over 1.0
(11:08 AM) tomthetrader: usually forecasts a change
(11:08 AM) hibuck2: i think smart money might be selling ?
(11:09 AM) tomthetrader: yes , insiders and folks who racked up big gains
(11:10 AM) hibuck2: $TRIN 1.01 $TRIQE 1.01
(11:11 AM) energy2x: y
(11:12 AM) ajayvee: Trader's Almanac - August's next to last trading day (Friday), S&P up only once in last 12 years.
(11:12 AM) tomthetrader: http://www.tickerspy.com/index/Swine-Flu-and-Bird-Flu-Stocks
redliontrader: 10dayH-L: +732 (only added 2 in 10 minutes)
(11:13 AM) energy2x: thanks
(11:14 AM) tomthetrader: you are welcome
redliontrader: zzzzzzzzzzzz
(11:17 AM) tomthetrader: LOOK AT OUR CAL
(11:18 AM) tomthetrader: RACK IN THE BIG BUCKS
(11:18 AM) tomthetrader: CALAB is a beauty
(11:18 AM) tomthetrader: option
(11:18 AM) tomthetrader: FAA XAL
(11:19 AM) tomthetrader: 13.84 was high ...remember buying at 10.00 ?
(11:20 AM) tomthetrader: DBA Faked me out
(11:20 AM) tomthetrader: gosh t
(11:21 AM) tomthetrader: DYY unch ...maybe a shot ?
(11:21 AM) tomthetrader: 1033 again ?
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(11:36 AM) tomthetrader: POT ?
(11:36 AM) tomthetrader: Calls?
(11:37 AM) tomthetrader: MEE really getting hit
(11:39 AM) tomthetrader: UUP
(11:39 AM) tomthetrader: is the KEY
(11:40 AM) tomthetrader: DUG looking at entering at 15.25
redliontrader: 11:30 NYSE Nhs: 68 d1:-28% D4:+19
redliontrader: 10dh-l:+757
(11:42 AM) tomthetrader: LIMIT 1000 Shares of DUG at 15.25 in TRADERS
(11:45 AM) tomthetrader: Losing some umphh Red ?
redliontrader: yes.. a little rest here.
(11:46 AM) tomthetrader: seems like higher vol on selling lowr on buying ?
redliontrader: Thomas give us some seiko times?
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redliontrader: something wrong with my feed for dog.. so far no fills right?
redliontrader: no not dog feed.. dug feed
(12:01 PM) tomthetrader: DUG just missed
(12:01 PM) tomthetrader: Thomas ?
(12:01 PM) tomthetrader: No read on ES ?
redliontrader: lunch.. eric if you are here fill in dug for me if it hits?
redliontrader: after lunch I will enter the healthcare batch
(12:02 PM) tomthetrader: OK
(12:09 PM) eman11: I am here now, but I am leaving for the rest of the day soon about 15min, I will enter if I am here.
(12:10 PM) tomthetrader: thanks
(12:10 PM) tomthetrader: 22.75 TOL a short now ?
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redliontrader: 12pm NHS NYSE: 70 D1:-30% D5 +16%
(12:13 PM) tomthetrader: COST one of the recom stocks up nice
(12:13 PM) tomthetrader: NKE 56.00 a buy ?
redliontrader: 10dh-l: +776
(12:14 PM) tomthetrader: TOL earnings Th A.M.
(12:20 PM) tomthetrader: 1:00pm auction results ?
(12:24 PM) bitterwind4: RUT is testing BO level again
(12:25 PM) bitterwind4: GLW up all day
(12:25 PM) bitterwind4: SP 500 still below BO level for now
(12:26 PM) tomthetrader: thanks...it seems destined to new highs weekly now until oct ....
(12:26 PM) tomthetrader: sentiment is crazy like 99 and pre 87
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(12:28 PM) tomthetrader: lunchtime buyers
(12:28 PM) tomthetrader: Aruj : any bond auction data / info ?
(12:29 PM) bitterwind4: just talked to two big RE Brokers in Bay Area......available commercial lease space is growing....ie getting worse not better.
(12:30 PM) bitterwind4: but what the heck
redliontrader: 12:30 NHS NYSE: 76 D1:-26% D5+19% gained a little
redliontrader: 10dnh-l: +793
redliontrader: high tick of the day
(12:33 PM) hibuck2: TRIN now @ $TRIN 1.10 $TRIQE .83
(12:33 PM) bitterwind4: one guy has 5 offices..Oakland, SJ, SF,Walnut CRk, Marin. More signs more space as mkt continues higher??
redliontrader: i took a swip at FAZ at 23.20
redliontrader: .10 stop
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(12:35 PM) arujunaa: hey guys. still getting my bearings after being out last week. i was short from last thursday and covered some yesterday morning on the open. trying to be patient but will be a buyer of any selloffs this week.
(12:35 PM) arujunaa: i have given up trying to call auctions. it doesn't really matter at this point.
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redliontrader: never short a dull market
(12:55 PM) hibuck2: on TZA i hv RSI @ 30.99 TZA @ 13.70
(1:01 PM) Fulkdaddy: How was the auction?
redliontrader: 1:30pm NHS NYSE: 80 d1:-22% d5:+22%
redliontrader: 10DH-L: +820
(1:02 PM) hibuck2: rick rates b-
(1:03 PM) hibuck2: $PCRCO .77
(1:03 PM) hibuck2: $TRIN 1.02 $TRIQE .92
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(1:04 PM) tomthetrader: AVG auction
(1:04 PM) tomthetrader: market back to res
(1:05 PM) hibuck2: TZA back @ 13.70
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(1:07 PM) tomthetrader: NYSE a/d line just too strong for a selloff?
redliontrader: y
redliontrader: i m still nursing this FAZ trade from 23.20.. stops @ 23.35
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(1:10 PM) bitterwind4: TZA 50% retrace on the day
(1:11 PM) tomthetrader: good
(1:11 PM) tomthetrader: good
(1:11 PM) tomthetrader: I can only hope that we clean out some call buyers at least pre Friday
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(1:16 PM) hibuck2: Toyota slash globel production by 1 million how r things getting better?
(1:16 PM) tomthetrader: how can employment / consumption improve
(1:17 PM) hibuck2: smoke and mirrors
(1:17 PM) tomthetrader: 3.00 limit to sell 20 contraCTS
(1:18 PM) tomthetrader: stop 2.40
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redliontrader: 3.00 should be gone now
redliontrader: b at 3.10
redliontrader: bid
(1:20 PM) bitterwind4: agree, hibuck. Just finaled a commercial lease this morning. An 18 year long tenant. Rolled the rent back 14 years MTM to keep him. Right in the heart of Silicon Valley.
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(1:21 PM) hibuck2: my tennets want me to drop my rent allso or they say they r moving
(1:21 PM) bitterwind4: CSCO back to 22,.. got to come back some more for me.
(1:23 PM) bitterwind4: well the choice is $0.00 or something, rolling back 14 years rent while mkt is mano is nuts. Jades my perspective.
(1:24 PM) bitterwind4: nice to see this OB/Bernake mania sell
(1:25 PM) hibuck2: big sell program ?
redliontrader: out faz 23.20 -> 23.68
(1:26 PM) hibuck2: gj red
(1:27 PM) hibuck2: TRIN 1.06 TRIQE 1.04
(1:28 PM) tomthetrader: The OIL CALL was DEAD ON
(1:29 PM) tomthetrader: NICE FAZ Trade Partner
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redliontrader: oil is plummiting
(1:30 PM) tomthetrader: 37.29 low USO
redliontrader: down 3% from the its high.. which it set today!
(1:30 PM) tomthetrader: sold 3.30 USOUH 20 contracts YIP:P:PPPPPPEEEEEEEEE
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(1:31 PM) tomthetrader: 25% Bang
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(1:32 PM) tomthetrader: 3.30 -3.50 now
redliontrader: whcih way will the hedgies drive it?
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(1:33 PM) tomthetrader: 3.40 -3.50 now
(1:34 PM) tomthetrader: a/d NYSE says back up...oil says down BIG
(1:34 PM) tomthetrader: NICE Trades
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(1:36 PM) tomthetrader: 3.50-3.70 now
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redliontrader: 1:30pm NYSE NHS: 83 d1:-21% D2:+22
redliontrader: NQ is strong and Rut nh's at this point is going to close higher than y'day
redliontrader: 10day H-L: +919
redliontrader: no sorry
redliontrader: 10dayH-L: +835
redliontrader: 919 is the number of R3000 stocks that have made new 10 day highs today
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redliontrader: 87 R3000 stocks have made 10 day lows which is already greater than y'day
(1:51 PM) Fulkdaddy: DTO is rolling
(1:52 PM) Fulkdaddy: Great call Tom
(1:52 PM) tomthetrader: Thanks Dave
(1:53 PM) Fulkdaddy: Up or down close today Tom?
(1:53 PM) ctmhou: Remember, oil and gold are your fav's, Tom. .......LOL
(1:53 PM) Fulkdaddy: A/D +954
(1:53 PM) tomthetrader: down
(1:53 PM) tomthetrader: too much bear momo now...they smell blood?
(1:54 PM) bitterwind4: Exactly Tom. Tough here. You sell for small and them maybe it goes higher. or not. I would like to add abear fund and hold it, but when??
(1:54 PM) tomthetrader: we will buy 1000 TYP at 14.63 for Traders at 1:54
(1:55 PM) tomthetrader: stop 14.49
(1:55 PM) bitterwind4: I am just juggling in and out of 4 stocks for small
(1:56 PM) tomthetrader: I think the bears are getting the scent of a possible correction
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(1:58 PM) tomthetrader: SELL UNH 29.85
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(1:58 PM) tomthetrader: 10% out in Main
(1:58 PM) tomthetrader: Sell UNH 29.85
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redliontrader: tf @ 1% PB
redliontrader: ES @ !% PB
redliontrader: Nq also
(2:02 PM) tomthetrader: (1:52 PM) Fulkdaddy: Up or down close today Tom?
(1:52 PM) ctmhou: Remember, oil and gold are your fav's, Tom. .......LOL
(1:53 PM) Fulkdaddy: A/D +954
tomthetrader: down
(2:02 PM) ctmhou: yes
(2:02 PM) ctmhou: Great
(2:02 PM) ctmhou: exACTLY
(2:02 PM) ctmhou: Buy and hold?
(2:03 PM) tomthetrader: SCO AJ ?
(2:03 PM) ctmhou: There was a time where didn't like ZTR.
(2:03 PM) tomthetrader: AJ gave us that great trade
(2:03 PM) tomthetrader: ZTR OK ?
(2:04 PM) ctmhou: ZTR is up .03 today.
(2:04 PM) tomthetrader: with dividends up 20% ?
(2:04 PM) tomthetrader: have you held it a year ?
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(2:04 PM) ctmhou: Not me. Bough too high last year.
(2:04 PM) ctmhou: yes
(2:04 PM) ctmhou: July 2008
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(2:05 PM) Alert: ====SECURITY BULLETIN!=======
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Many of these utilities contain trojans that report your nickname and password to the program's creator. We encourage everyone to change their password reguarly, and to uncheck the save password checkbox on the login screen.
If you do this, you will have to enter your password every time you log in, but it is a small price to pay to keep your account and password protected.
(2:05 PM) tomthetrader: with dividends killed the market even in it's worst!
(2:05 PM) tomthetrader: If you would have bought the dips ?
(2:05 PM) tomthetrader: millions ?
(2:05 PM) tomthetrader: in ZF ZTR
(2:06 PM) ctmhou: I'm down about 5% including div's.
(2:06 PM) tomthetrader: 4.50 entry ? No additions?
(2:06 PM) ctmhou: I should have bought the dips. Now I are one.
(2:06 PM) ctmhou: 4.45, no additions.
(2:06 PM) tomthetrader: that is the High !
(2:06 PM) tomthetrader: since
(2:07 PM) tomthetrader: can't say you didn't buy it on the highs !
(2:07 PM) tomthetrader: and still only off 5% is amazing...maybe by Friday you are een ...monthly checks are good ?
(2:08 PM) ctmhou: Didn't buy on high. Left a limit order in for a month with a, what I thought was a price that it wouldn't get to again and lo and behold, it did and then some.
(2:08 PM) tomthetrader: ZF same way...you can day trade ZF and ZTR on gap up and down days safely
(2:09 PM) ctmhou: I'm starting to notice that.
(2:09 PM) tomthetrader: today was perfect in at 3.02 out 3.05
(2:09 PM) tomthetrader: 10K sh
(2:09 PM) tomthetrader: nice days work
(2:09 PM) tomthetrader: 100sh never gets filled
(2:09 PM) tomthetrader: you have to buy in odd small lots or they kill you
(2:11 PM) ctmhou: I buy and sell limit order for everything.
(2:11 PM) tomthetrader: yes
(2:11 PM) tomthetrader: 1033 SPX cash still day trade resistance
(2:12 PM) tomthetrader: have above a few times but can it holdpoked
(2:12 PM) ctmhou: I'm changing my font so I can see it. I hope this color doesn't offend anyone?
(2:13 PM) tomthetrader:
(2:13 PM) tomthetrader: GOOD
(2:13 PM) pointfisher: tbt
(2:13 PM) hibuck2: tbt
(2:13 PM) ctmhou: TBT
(2:14 PM) tomthetrader: YRWC
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(2:18 PM) hibuck2: taking shot at TZA @ 13.78
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(2:19 PM) hibuck2: oops
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(2:22 PM) tomthetrader: 47.55 limit on TBT 25% in Traders
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redliontrader: 2pm NHS (late sorry): 87 d1:-22% D5:_22%
redliontrader: 10dnh-l: +836
(2:25 PM) tomthetrader: How are you feeling Red...think we just keep steaming or trouble ahead ?
redliontrader: tbt filled
(2:25 PM) tomthetrader: filled TBT
(2:26 PM) tomthetrader: stop 46.90
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redliontrader: price is acting weak, but these momentum indicators are pretty strong.. and really not weaking too much
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redliontrader: tomorrow's ECON data:
(2:34 PM) hibuck2: $PCRCO .79
redliontrader: 7 am Mortgage apps
redliontrader: 8:30 am Durable good
(2:34 PM) hibuck2: $TNX 34.57 3.45
redliontrader: 10:00 New Home Sales
(2:34 PM) hibuck2: $TRIN 1.04 $TRIQE 1.02
redliontrader: 10:30 am Oil Inventories
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redliontrader: 2:30 NHs NYSE: 91 D1:-19% D5:+23%
(2:36 PM) hibuck2: NYSE A/D +956
(2:36 PM) hibuck2: NAZ A/D +241
(2:37 PM) tomthetrader: TF Futures short opp
(2:38 PM) hibuck2: we need lots caballeros to shoot bulls
redliontrader: low tick of the day
(2:38 PM) tomthetrader: TYP took off
redliontrader: even lower tick of the day
(2:38 PM) hibuck2: $TICK -916
(2:38 PM) bitterwind4: see if RUT can hold lower low.....3 min
(2:39 PM) hibuck2: TRIN 1.06 TRIQE 1.06
(2:39 PM) tomthetrader: RED we peeled off UNH awhile back
(2:39 PM) bitterwind4: BGZ hod
redliontrader: 29.85 i see it
(2:40 PM) tomthetrader: wind4: I am just juggling in and out of 4 stocks for small
tomthetrader: I think the bears are getting the scent of a possible correction
tomthetrader: SELL UNH 29.85
tomthetrader: 10% out in Main
tomthetrader: Sell UNH 29.85
(2:01 PM) redliontrader: tf @ 1% PB
redliontrader: I have to read too?
(2:41 PM) tomthetrader: Unfortunately..I can't TIPE !
(2:42 PM) tomthetrader: s n p going- DAVE !
(2:43 PM) hibuck2: Stop @ break even TZA
(2:44 PM) tomthetrader: Yes HiBuck
(2:44 PM) tomthetrader: I knew someone got in at the top of this pm rally
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redliontrader: n100 a/d -
redliontrader: naz a/d -
(2:48 PM) tomthetrader: QQQQ 20 day and SMH 20 day
(2:48 PM) ajayvee: Naz A/D +74 Vol -1:1
(2:48 PM) ajayvee: NYSE A/D +657 Vol +1.3:1
(2:48 PM) ajayvee: RUT A/D +215 Vol +1:1
(2:49 PM) hibuck2: on a weekly chart 200 sma 41.52
(2:49 PM) hibuck2: on QQQQ
(2:49 PM) tomthetrader: hard to believe semis down last 20 days
(2:50 PM) tomthetrader: Q's more or less nowhere
(2:50 PM) tomthetrader: take out AAPL and GOOG ?
(2:50 PM) tomthetrader: we would be down
(2:50 PM) hibuck2: lots of 10,000 shares or bigger block trades on qqqq
(2:51 PM) tomthetrader: profits ..ringing ?
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redliontrader: all a/d to +
(2:53 PM) tomthetrader: yes
(2:53 PM) tomthetrader: if we can't get - A/D I don't think a correction is upojn us
(2:54 PM) hibuck2: NYSE A/D +844
(2:54 PM) hibuck2: NAZ A/D +197 weeking
(2:55 PM) hibuck2: weaking
(2:55 PM) tomthetrader: that NYA is just too strong
(2:55 PM) tomthetrader: seems invincable
(2:59 PM) bitterwind4: just going to watch the TL on the RUT 3min from the 12:30 lower high
(3:00 PM) hibuck2: well they got me stop out TZA
redliontrader: TYP Stopped
redliontrader: sorry .. no it didn't
(3:02 PM) bitterwind4: CSCO back to 22
(3:02 PM) hibuck2: not only did they stop me out they gave me less than my stop
(3:02 PM) bitterwind4: was hoping you took that spike in TZA Hibuck
redliontrader: 3pm nhs nyse: 93 d1:-20% d5:+22%
(3:03 PM) tomthetrader: 14.49 stop TYP 14.62
redliontrader: yes.. my fault.. No stop on TYP
(3:03 PM) bitterwind4: RUT is back to TLline already
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(3:03 PM) tomthetrader: might be close on both TYP and TBT
(3:03 PM) tomthetrader: at EOD
(3:04 PM) hibuck2: no got greedy
(3:04 PM) tomthetrader: I had BGU loaded up and missed again by 1 penny ...2 decent trades
(3:04 PM) tomthetrader: DUG we missed a monster by 1 penny
(3:05 PM) tomthetrader: BGZ 23.75 10 % into close at 23.77
(3:05 PM) tomthetrader: try to get 10% at 23.77 stop 23.65
(3:05 PM) tomthetrader: There you go
(3:05 PM) bitterwind4: you know when you take the profit they keep going and VVersa
(3:06 PM) tomthetrader: close stops on BGZ
(3:06 PM) tomthetrader: 23.65 on just 10%
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(3:26 PM) hibuck2: back in TZA @13.76
(3:26 PM) tomthetrader: thattaboy
(3:26 PM) hibuck2: thx u
(3:27 PM) tomthetrader: we need desire , passion , inspiration ....courage
(3:27 PM) tomthetrader: Team TTT
(3:27 PM) tomthetrader: throw some mud on the wall
(3:28 PM) tomthetrader: you won't make dinner plans with .0001% checking account
(3:28 PM) ajayvee: c'mon BGZ TZA show us what you got
(3:28 PM) hibuck2: we will win we will win no matter what !!!!!
(3:28 PM) tomthetrader:
(3:28 PM) hibuck2: were is john wayne when u need him !
(3:29 PM) hibuck2: wel let me tell u something ha
(3:29 PM) ajayvee: just start shooting anything that moves
(3:29 PM) dhmohan1963: my wire less is so slow
(3:29 PM) hibuck2: die bulls flood the floor with caballeros
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(3:32 PM) tomthetrader: 584.10 5 TF Futures short ...stop at highs
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(3:32 PM) hibuck2: what we need is the road runner and the coyote and acme products to take this on
(3:33 PM) hibuck2: $TRIN 1.03
(3:33 PM) hibuck2: $TRIQE 1.04
(3:33 PM) hibuck2: NYSE A/D +782
(3:33 PM) hibuck2: NAZ A/D+208
(3:34 PM) hibuck2: TZA needs to break 13.97
(3:36 PM) tomthetrader: PORTFOLIO CLEANER ! WE SHOULD HAVE BGZ and TF Futures SHORT Just so you all are aware going into 3:45pm
(3:38 PM) tomthetrader: tomthetrader: BGZ 23.75 10 % into close at 23.77
tomthetrader: try to get 10% at 23.77 stop 23.65
tomthetrader: There you go
(3:38 PM) tomthetrader: (3:29 PM) hibuck2: die bulls flood the floor with caballeros
tomthetrader: 584.10 5 TF Futures short ...stop at highs
(3:38 PM) tomthetrader: DXY acting funny today
(3:38 PM) ajayvee: still 23.65 stop? on BGZ
(3:38 PM) tomthetrader: VVersa
tomthetrader: close stops on BGZ
tomthetrader: 23.65 on just 10%
(3:39 PM) tomthetrader: 23.65
(3:39 PM) tomthetrader: stops on BGZ
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(3:47 PM) ajayvee: Naz A/D +184 Vol 1:1
(3:47 PM) ajayvee: NYSE A/D +650 Vol +1.3:1
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(3:47 PM) ajayvee: RUT A/D +313 Vol 1:1
(3:48 PM) hibuck2: they sure r trying hard to keep this market up
(3:49 PM) ajayvee: green across the board so they're doing a good job
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(3:49 PM) hibuck2: here we goooo
(3:50 PM) bitterwind4: SPX is at 61.8 retrace from todays high to yest lod, 2 day 3min cht....just broke a bit lower
(3:52 PM) ajayvee: WOW!
(3:52 PM) hibuck2: darn they got me again
(3:52 PM) hibuck2: i give up
(3:52 PM) bitterwind4: can change direction in a wink
redliontrader: yes.. whip.. whip here at the end
redliontrader: we are well hedge.. good job...
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redliontrader: NYSE NHS: 102 D1:-15.70% D2:+24%
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(4:00 PM) hibuck2: rumors r prelude to the fact
(4:00 PM) tomthetrader: hcbk
(4:00 PM) hibuck2: 12.82
redliontrader: Rut NHS: 68 D1:+4.62 D5:+45% (strength of the day.. 6 days straight of setting higher new highs)
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(4:02 PM) tomthetrader: Take Care you all
redliontrader: 10dh-l: 864 (about 120 less than y;day)
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(4:02 PM) tomthetrader: TYP +
redliontrader: so that shows some weakness.. but overall the underlying market is still very strong
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(4:03 PM) tomthetrader: No doubt..we had to get exposure long
redliontrader: are there some earning tonight?
