(8:24 AM) Alert: This is a G rated room intended for a General Audience including minors. Offensive language is not permitted.
(8:24 AM) Alert: Hi , Welcome to TTT
redliontrader: gm everyone!
(8:25 AM) ajayvee: g'mornin red
redliontrader: everyone ready to find out how the consumer is feeling?
redliontrader: morning AJ
redliontrader: everything seemed in line?
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(8:51 AM) tomthetrader: LOOK at DELL the pre 4:00pm Release ...where are our friends at ...?
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(8:51 AM) tomthetrader: 3:45 pm yesterday til this a.m. 10% easy money for the boys
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(8:52 AM) tomthetrader: premium will fly out of this name by noon ...short from 16.38
redliontrader: B/E stops on TBT?
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(9:01 AM) ajayvee: why are we running now?
redliontrader: intel
redliontrader: rasies 3rd qtr revenue
redliontrader: 4csat
redliontrader: forecast
redliontrader: look at NQ go!
redliontrader: NQ New Highs
redliontrader: YM new highs
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(9:05 AM) tomthetrader: stopped out of all Traders shorts (DXD should have been hit yesterday !)
(9:06 AM) tomthetrader: QID 25.25 DXD 36.50
(9:07 AM) tomthetrader: TBT is all that is left in Traders
(9:07 AM) ajayvee: we moved DXD stops to 36.25
(9:07 AM) tomthetrader: INTC raise blows off market
redliontrader: yes dxd stopped out y'day at 36.24
redliontrader: .25
(9:07 AM) tomthetrader: OK DXD stopped to 36.25
(9:08 AM) tomthetrader: we should be TBT only Traders and 8% stops on Main fund long and short
(9:08 AM) tomthetrader: Looking at MOO options today
(9:08 AM) tomthetrader: MOO options
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(9:11 AM) tomthetrader: POT PUTS
redliontrader: i don't have a stop on dug
(9:11 AM) tomthetrader: 8%
(9:11 AM) tomthetrader: from PP
redliontrader: PP?
(9:14 AM) tomthetrader: Purchase Price
(9:14 AM) tomthetrader: sorry
(9:14 AM) tomthetrader: I have my personal trading floor lingo !
(9:15 AM) tomthetrader: SMHIE you may be able to sneak in on this one under .80 ?
(9:15 AM) tomthetrader: Options players
(9:15 AM) tomthetrader: SMHIE calls
(9:16 AM) bitterwind4: market will not stop
redliontrader: we are going to need thomas to make the trader vic call today
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(9:18 AM) tomthetrader: QCOM we will add to main fund 10% at the open
(9:19 AM) tomthetrader: .smhie we will add as you guys get fills or quotes 20 contracts
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(9:20 AM) tomthetrader: you guys need to fill QCOM and SMHIE on your quotes OK ?
(9:20 AM) *** dandc_3 has joined the room ***
(9:21 AM) tomthetrader: we will put 25% long USD in Traders at 10:00am after the Cons Con #
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(9:22 AM) tomthetrader: No audio yet...I have to reboot
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(9:22 AM) tomthetrader: Red you have the orders ?
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(9:22 AM) tomthetrader: QCOM 10% Main
redliontrader: qcom 10% Main fund at open price
redliontrader: smhie as filled
(9:23 AM) tomthetrader: .SMHIE 20 In Main
redliontrader: 25% usd in traders after 10
(9:23 AM) tomthetrader: and 25% USD 2x semis after the Cons conf
(9:23 AM) tomthetrader: Audio after reboot
(9:23 AM) tomthetrader: TTT BRB
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(9:26 AM) ajayvee: y
(9:26 AM) hibuck2: y
redliontrader: 7
(9:26 AM) bitterwind4: y
(9:27 AM) ajayvee: AIG up another 10%!
(9:29 AM) tomthetrader: ung
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redliontrader: qcom 47.73
(9:32 AM) bitterwind4: NVDA nin the gap going to 18
(9:32 AM) bitterwind4: in
(9:33 AM) tomthetrader: 1.00 stop smhie
(9:34 AM) tomthetrader: ocy 40 puts on moo
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redliontrader: you want to tighten the TBT stops?
(9:35 AM) tomthetrader: 2 per cent
(9:35 AM) hibuck2: $PCRCO .42
(9:37 AM) dhmohan1963: out of smn
(9:38 AM) desertone: GM Tom ! am still wearing my shorts and I don't look so fashionable
(9:39 AM) tomthetrader: That may change come Fall ?
(9:39 AM) desertone: LOL but I shall hold till Monday
(9:39 AM) hibuck2: $TRIN .23 $TRIQE .14
(9:40 AM) tomthetrader: yes you have to have some short exposure into Sept and Oct in these frothy days
(9:40 AM) tomthetrader: DH Mohan quick exit ?
(9:40 AM) dhmohan1963: no i am still in smh
(9:41 AM) dhmohan1963: no typing error
(9:41 AM) dhmohan1963: SMN
(9:41 AM) desertone: I am still in SMN .......
(9:41 AM) dhmohan1963: i have 2000
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(9:41 AM) energy2x: meaning of life?
redliontrader: On the russell that open 10 minutes added 35 new highs with is larger than y'day number for the close
(9:42 AM) ajayvee: why is the air?
(9:42 AM) hibuck2: could this be the blow off day?
(9:43 AM) desertone: I know U don't like McHugh but he is predicting a catastrophy after this leg up to 11500 Dow.......
(9:43 AM) desertone: Right
redliontrader: don't hold back tom
(9:43 AM) desertone: LOL
(9:43 AM) willwin: biggs on bloomberg says s&p should be at 1200
(9:43 AM) desertone: The Prophet?
(9:44 AM) willwin: said mkt is behind
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redliontrader: quite the sell off here
(9:45 AM) desertone: He calls for a Down Day today or Monday..........
(9:45 AM) desertone: yes
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(9:49 AM) hibuck2: DJI neg
(9:49 AM) ajayvee: market up only once in last 12 years on next to last trading day of August.
redliontrader: scalping IWM 58.60/stops 58.45
(9:52 AM) bitterwind4: can you imagine the money being made in AIG options
redliontrader: FYI: Tom and I will be using twitter more and more as a communications tool to our members.. if you do not have an account you should get one!
redliontrader: to follow me: http://twitter.com/redliontrader
redliontrader: to follow tom: http://twitter.com/tomandprisha
(9:53 AM) dhmohan1963: for how long they can prevent the dollor crash some of the smaller countries were able to prevent for 2-3 years by asistance of IMF
(9:54 AM) dhmohan1963: crash is not posssible in dolloar as our courrency is completly floating
(9:55 AM) ajayvee: UofM sentiment 65.7
(9:56 AM) hibuck2: continually 10,000 share block trades on 5.33 on C
(9:56 AM) ajayvee: down from 66 last month
(9:56 AM) derr11: Are we shorting Dell ?
redliontrader: stopped b/e on IWM.. another leg down
(9:57 AM) dhmohan1963: i dont see dollor coming back to glory ever but becoming very week so that exports become better and which companies will be benifited by dollor crash can some body pick up or tell me how to do it
(9:58 AM) tomthetrader: uup
(9:58 AM) dhmohan1963: exports are the only way out
(9:58 AM) tomthetrader: long dollar
(9:58 AM) tomthetrader: short dollar no play
(9:58 AM) pointfisher: udn
(9:58 AM) energy2x: UDN
(9:59 AM) tomthetrader: udn
(9:59 AM) tomthetrader: 1x short
(9:59 AM) hibuck2: $SPX 1033.64
(9:59 AM) dhmohan1963: of etf which look at companies who export based
(9:59 AM) tomthetrader: smh
redliontrader: D1.. those shorts are looking better and better
(10:00 AM) tomthetrader: desert 1 is ok in my book
(10:00 AM) desertone: IWM lod
redliontrader: trying to find this illusive top
redliontrader: u want in?
(10:02 AM) tomthetrader: if anyone
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(10:03 AM) tomthetrader: 28.91
(10:04 AM) hibuck2: NYSE A/D -237
(10:04 AM) hibuck2: Sorry even now
(10:04 AM) hibuck2: NAZ A/D -181
(10:05 AM) tomthetrader: usd hedge for our shorts in main with smhie
(10:05 AM) dhmohan1963: i got DIWVH at 3.35, QQQVR at 3.90 , 10 contract each
(10:06 AM) hibuck2: NYSE A/D -116
(10:06 AM) berniectx: any thoughts on gold miners?
(10:06 AM) tomthetrader: hl
(10:06 AM) tomthetrader: hecla
redliontrader: dug back to green
(10:07 AM) tomthetrader: abx
(10:07 AM) tomthetrader: nem
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(10:08 AM) berniectx: thx Tom think over time gold will shine
(10:09 AM) aszager: Tom did you short bac at 18 as you said on Twitter?
(10:10 AM) tomthetrader: bac short bac
(10:11 AM) tomthetrader: age risk cash
(10:11 AM) tomthetrader: arc
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redliontrader: 10am NYSE NHs: 45 d1:+114% d5+19%
redliontrader: 10dayh-l: + 875
(10:19 AM) tomthetrader: usd smh calls are our hedges with all shorts
redliontrader: flat along the bottom.. trying to scalp iwm in from 58.35..
(10:21 AM) tomthetrader: 342-585 tf rut
(10:23 AM) tomthetrader: 4.6 per cent is all we have gotten in spx
redliontrader: .25 will take me out
(10:24 AM) willwin: do u still trade commodities tom?
redliontrader: trying to catch a bounce
(10:24 AM) willwin: ok
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redliontrader: out iwm -.10
(10:30 AM) bitterwind4: all 2x 3x etfs back to pivots 3min
(10:30 AM) aszager: I have stayed with my shorts including dxd and will now have good profit from yesterday
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(10:32 AM) derr11: Fools rush in ?
(10:32 AM) tomthetrader: correct
(10:32 AM) bitterwind4: SMN still in back to beven
redliontrader: low ticks of the day
(10:33 AM) tomthetrader: dug and smn our biggest positions
redliontrader: 10:30 nhs NYSE: 50 D1: 125% d5:-11%
(10:34 AM) willwin: smhie is a lonng term hold?
(10:34 AM) willwin: k
(10:34 AM) tomthetrader: day trade
(10:34 AM) willwin: thks
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(10:34 AM) tomthetrader: usd if in stop at 8 per cent
(10:35 AM) willwin: 47.13
(10:35 AM) tomthetrader: 47.88
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(10:35 AM) aszager: I sold a portion of my dxd at 36.7 and hope to buy that portion back again at lower price
redliontrader: i have tbt stops at 46.93
(10:36 AM) tomthetrader: thank you red
(10:36 AM) bitterwind4: almost added TZA this am but did not...looked too scary. Would a wise bear have done it??
(10:36 AM) *** Troder has left the room ***
(10:37 AM) aszager: I have these shorts because I have been carrying a slew of mutual funds and wanted to hedge. For today I was short term bearish
(10:37 AM) bitterwind4: ok tks
(10:38 AM) bitterwind4: ok clear
redliontrader: hi ticks of the day
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(10:43 AM) tomthetrader: 850-329-6745
redliontrader: 617-997-0885 (might get an answering machine at 2am thou so call tom)
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(10:44 AM) tomthetrader: TTT Out of Hot air ..be back
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redliontrader: thomas?
(10:55 AM) tomthetrader: sc1s6564f6z51c 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
(10:55 AM) *** sc1s6564f6z51c has left the room ***
(10:55 AM) tomthetrader: Yes
(10:55 AM) tomthetrader: He is getting bACK
(10:55 AM) tomthetrader: at us
(10:56 AM) tomthetrader: Fridays !
(10:56 AM) Alert: Hi , Welcome to TTT
(10:56 AM) Alert: Hi , Welcome to TTT
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(10:58 AM) tomthetrader: SPX fight 1033
(10:58 AM) bitterwind4: seems very possible mkt will bounce yet again
(10:58 AM) tomthetrader: yep and then selloff hard
redliontrader: tf bounced off 2% pb number
(10:59 AM) tomthetrader: Bears want a big RED CANDLE AT DAYS END
(10:59 AM) tomthetrader: SQUISHY is the technical term right here
(10:59 AM) tomthetrader: very
(10:59 AM) tomthetrader: S
(10:59 AM) tomthetrader: Q
(10:59 AM) tomthetrader: U
(10:59 AM) tomthetrader: I
(10:59 AM) tomthetrader: S
(10:59 AM) tomthetrader: H
(10:59 AM) tomthetrader: Y
(10:59 AM) tomthetrader: Squishy
(11:00 AM) tomthetrader: My term for a market soft with no edge
(11:03 AM) tomthetrader: Zags : you pick up any of those coins with the holes in them ?
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(11:07 AM) hibuck2: NYSE A/D -65
(11:07 AM) hibuck2: NAZ A/D -530
(11:08 AM) hibuck2: PCRCO .72
(11:12 AM) tomthetrader: agg 10% QCOM 47.45 Main and add 10% GILD
(11:12 AM) tomthetrader: add QCOM another 10% at 47.45
(11:13 AM) tomthetrader: and 10% GILD 45.18
(11:13 AM) tomthetrader: added to main to get 100% invested
(11:13 AM) tomthetrader: 10% more QCOM and 10% More GILD
(11:18 AM) hibuck2: NYSE A/D -132
(11:18 AM) tomthetrader: squishy ?
(11:18 AM) hibuck2: NAZ A/D -566
redliontrader: tbt stopped 2% 46.93
(11:18 AM) tomthetrader: with Naz up the power of AAPL INTC MSFT ?
(11:18 AM) tomthetrader: Thanks RED
(11:19 AM) tomthetrader: One Hedge down
(11:22 AM) tomthetrader: (11:07 AM) hibuck2: PCRCO .72
tomthetrader: agg 10% QCOM 47.45 Main and add 10% GILD
tomthetrader: add QCOM another 10% at 47.45
tomthetrader: and 10% GILD 45.18
tomthetrader: added to main to get 100% invested
tomthetrader: 10% more QCOM and 10% More GILD
(11:34 AM) tomthetrader: May be a run on BAC ?
(11:36 AM) tomthetrader: BAC I do not like
(11:36 AM) tomthetrader: eeryone on that side
(11:36 AM) tomthetrader: crowded
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(11:44 AM) hibuck2: 17.95
redliontrader: we are at 3x bottom on iwm
(11:45 AM) *** stktrdr71 has joined the room ***
redliontrader: not yet
redliontrader: 1.06
(11:49 AM) *** stktrdr71 has left the room ***
redliontrader: np
redliontrader: 10dayh-l: +553 (down form +800ish)
redliontrader: going to be a flush right now
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(11:53 AM) desertone: IWM lower yet again
(11:57 AM) hibuck2: spng
(11:57 AM) hibuck2: sorry hit the wrong screen
(11:58 AM) hibuck2: i jump on BAC 18.02 with u
(11:58 AM) hibuck2: stop at break even
(11:58 AM) *** berniectx has left the room ***
(11:59 AM) hibuck2: i was when i first ss
(11:59 AM) hibuck2: same here
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(12:02 PM) hibuck2: Tom and all I know we are at a TOP my friend just called me says he bought 7000 shares of SPNG frickin sponge co @.21c I think i saw it on a info comercial !!!!
(12:04 PM) derr11: Is that Spong Inc ?
(12:05 PM) tomthetrader: Spongetech
(12:05 PM) tomthetrader: a pump and dump
(12:05 PM) hibuck2: yep unblievable
(12:05 PM) tomthetrader: but now in Costco
(12:05 PM) tomthetrader: is up 22000%
(12:06 PM) hibuck2: still bonches of block trades on C @ 5.17
redliontrader: nyse nhs: 56 d1:+44% d5:-33%
redliontrader: unless we have one heck of a rally into the close our NYSE's NHs will not meet the number required to turn the 5day around so the NYSE NHs are calling for a sell off
(12:09 PM) *** bloomert has left the room ***
redliontrader: we needed 100 NHs today, we ar going to get between 70 and 80 at our current pace
(12:11 PM) hibuck2: NYSE A/D -342
(12:11 PM) hibuck2: NAZ A/D -704
redliontrader: our %ofstocks over their 40 day moving average chart has crossed below the 19 day moving average which triggers a sell if it closes there.. Although in recent times it has give a profit.. historically I test last night and it is about 68%
redliontrader: 10dayh-l: +544
redliontrader: so we are sill losing momentum on that indicator also
(12:17 PM) tomthetrader: we are losing lomo in banks like AIG
(12:17 PM) tomthetrader: MOMO
(12:17 PM) tomthetrader: short C if you can
(12:17 PM) tomthetrader: over 5.00
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(12:21 PM) hibuck2: all day and yesterday block trades on C
(12:22 PM) hibuck2: as long as i hv been watching my block trade window never hv seen so many on one stock
(12:22 PM) hibuck2: of 10,000 or more
(12:23 PM) hibuck2: BAC might turn into big winner Tom
(12:23 PM) *** TraderTim has left the room ***
(12:25 PM) tomthetrader: Yes I am in the money !
(12:28 PM) *** Frank_TTT has joined the room ***
(12:29 PM) tomthetrader: XLF contracts (50) from yesterday finally getting some play
(12:30 PM) hibuck2: NYSE A/D -824
(12:30 PM) hibuck2: NAZ A/D -1072.
redliontrader: smh ie options stopped
(12:31 PM) derr11: Short C @ 5.12
(12:31 PM) ajayvee: DXD - right call, wrong stop limit
(12:31 PM) tomthetrader: yes
(12:32 PM) tomthetrader: but had ample shots at reentering but Friday is a tough day to short in a bull...hope you had some DUG or SMN both still good prices
(12:32 PM) tomthetrader: Oil target still 57.50
(12:33 PM) tomthetrader: if you look at our closed trades you will see how many were HUGE longer term trades
(12:33 PM) ajayvee: yep! in both
(12:33 PM) tomthetrader: but we have been stopped or sold for profit as we can't find a trend
(12:33 PM) ajayvee: patience is a trader's friend, I guess
redliontrader: 12:30 NYSE Nhs: 56 d1:37% d5:-40%
redliontrader: no nyses added in last 1/2 hour
(12:35 PM) ajayvee: are DUG and SMN still a good entry or add-to?
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(12:35 PM) *** Especial One has left the room ***
redliontrader: 10dayh-l: +510 (-34 from 20 minutes ago)
(12:35 PM) tomthetrader: Yes
(12:36 PM) tomthetrader: DUG and SMN have a long way to go target DUG 22.50 Target SMN $16
(12:36 PM) ajayvee: time frame?
(12:36 PM) tomthetrader: pile into those beaches
(12:36 PM) tomthetrader: 90 days maybe Feb if cheating
(12:36 PM) tomthetrader: hopefully Monday
(12:36 PM) ajayvee: yes!
(12:38 PM) desertone: Out of IWM Oct 60 puts @ 3.80 +0.50 second round!
redliontrader: good job d1
(12:41 PM) derr11: WHirpool cutting 1100 jobs in Ind and sending to Mexico.
(12:42 PM) tomthetrader:
(12:42 PM) hibuck2: der were"s the hope and change!!!
(12:43 PM) tomthetrader: for D1 not Whirlie pool
(12:43 PM) derr11: Mexico
(12:43 PM) hibuck2: ha
(12:43 PM) ajayvee: Whirpool profits up next qtr
(12:43 PM) ajayvee: public relations down though
(12:44 PM) tomthetrader: they can ship jobs to Mexico and washers to China w/ no running water or power ?
(12:45 PM) ajayvee:
(12:45 PM) hibuck2: may be they use them for dog houses
(12:45 PM) derr11: How can the Government put a positive spin on that news?
(12:46 PM) tomthetrader: impossible
(12:46 PM) tomthetrader: we stink right now
(12:46 PM) tomthetrader: embarrasssing
(12:46 PM) tomthetrader: something has to change
(12:47 PM) tomthetrader: profits are good but so is a country together
(12:47 PM) tomthetrader: class warfare
(12:47 PM) tomthetrader: and social struggles
(12:47 PM) tomthetrader: Jimmy Carter 1976 for you history buffs
(12:47 PM) tomthetrader: Stagflation
(12:51 PM) hibuck2: these guys r still bullish on fast money
(12:55 PM) tomthetrader: 1015 SPX - 1033 still in a range BUT...
redliontrader: our 10dayh-l: +507 (-3 from 20minutes ago)
(12:58 PM) Frank_TTT: hi Tom and friends
(12:59 PM) Frank_TTT: whats the call? do the buy the dippers show up later today or will we have a bunch of trapped bulls?
redliontrader: 1pm buy program..
redliontrader: enoungh to change directions?
(1:02 PM) tomthetrader: FRANK
(1:02 PM) tomthetrader: Frank is a great TTT Trader
(1:03 PM) ctmhou: Frankie.................
(1:03 PM) Frank_TTT: doin ok..loosing some $ now-a-days!!
(1:03 PM) tomthetrader: Craig !
(1:03 PM) ctmhou: I'm still living off Frank's GOOG call last year.......LOL
(1:03 PM) tomthetrader: well that is why you are here Frank...to short C BAC XLF
(1:03 PM) Frank_TTT: craig...kid almost in college now?
(1:04 PM) tomthetrader: Craig and Frank on GOOG biggest up move I have seen past 2 years !
(1:04 PM) ctmhou: Got two......and no.
(1:04 PM) ctmhou: Frank did that after hours too.
(1:04 PM) tomthetrader: Craig still practicing on the making of babies frank !
(1:04 PM) ctmhou: \Nope. I am done, hopefully.
(1:05 PM) tomthetrader: Only one or two ways I know of to stop Craig
(1:06 PM) ctmhou: Frank is a perma-bear
(1:06 PM) Frank_TTT: how do you guys think the fed will respond to the court ruling to give data to bloomberg?
(1:07 PM) ctmhou: Serious?
(1:07 PM) ctmhou: Obama wants you!
(1:08 PM) ctmhou: Ron paul?
(1:08 PM) ctmhou: Corsair
(1:08 PM) Frank_TTT: agree..so whats the tipping point for the change?
(1:08 PM) aszager: Tom it is better to pay several million dollars in taxes in the past year
(1:08 PM) ctmhou: I do'
(1:09 PM) ctmhou: Carter
(1:09 PM) *** Fulkdaddy has joined the room ***
(1:09 PM) Fulkdaddy: That is a road to ruin
(1:10 PM) Frank_TTT: fulk...been making $ for your clients in the bear market rally?
(1:10 PM) ctmhou: A hole in the ground?
(1:10 PM) Fulkdaddy: yes
(1:10 PM) ctmhou: Panama
(1:10 PM) Frank_TTT: great
(1:11 PM) aszager: but the dollar won't be worth anything by then
(1:11 PM) tomthetrader: we will takeover Costa Rica
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(1:11 PM) tomthetrader: we will create our own currency
(1:11 PM) tomthetrader: or borrow Thomas Zloty
(1:11 PM) Fulkdaddy: is the market going to rally back to end positive again today?
(1:11 PM) aszager: we will ask Thomas to buy it
(1:12 PM) tomthetrader: Yes Thomas is sick of cold weather and black sox
(1:12 PM) tomthetrader: He has cash to get south and warm
redliontrader: rally
(1:13 PM) tomthetrader: BAC C AIG FRE FNM all government MBI NLY all stink
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(1:13 PM) tomthetrader: 0 worthless and look at what they have done !
redliontrader: tick at +1k
(1:13 PM) tomthetrader: Last hour the key
(1:14 PM) tomthetrader: will the selling come off or the resume ...noone in the offices so Junior traders starting to worry
(1:14 PM) tomthetrader: what if ?
(1:14 PM) tomthetrader: can it happen
(1:14 PM) tomthetrader: not today a CRASH ?
(1:14 PM) tomthetrader: and pretty big volume on that basket ...treasury at work /
(1:15 PM) tomthetrader: a higher low gives Bulls a edge now
(1:15 PM) hibuck2: stop out BAC
(1:16 PM) tomthetrader: SQISH
(1:19 PM) tomthetrader: sugar trade a good one ?
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(1:19 PM) tomthetrader: Imperial is the only true play in stocks
(1:19 PM) ajayvee: it's sweet
(1:19 PM) tomthetrader: AHHH
(1:19 PM) tomthetrader: now
(1:19 PM) tomthetrader: AJ
(1:20 PM) tomthetrader: Practicing for open mic night tonight /
(1:20 PM) tomthetrader:
(1:20 PM) tomthetrader: did I tell you the one about the priest the nun and the rabbi ?
(1:21 PM) ajayvee: kareoke trade calling?
(1:21 PM) tomthetrader: Yeah
(1:21 PM) tomthetrader: RUT still lags
redliontrader: 10dayh-l: +508
(1:23 PM) tomthetrader: LOOK at a 6 session chart of RUT or IWM
(1:23 PM) tomthetrader: does that look like a String bull to you ?
(1:24 PM) tomthetrader: we will buy 50% SBBTraders
redliontrader: big spread
(1:25 PM) tomthetrader: 43.53
(1:25 PM) tomthetrader: was last let sfill
(1:26 PM) ajayvee: only 9000 shares traded today?
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redliontrader: ,51 was easy fill
(1:26 PM) cubanprince: hello
(1:26 PM) aszager: volume is only 8600
(1:26 PM) tomthetrader: at the SBB 43.51 and add 1000 shares at a crack
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(1:27 PM) desertone: Very low volume for me. GL to all of U !!
(1:28 PM) ctmhou: Tom, do you feel that options are getting any more efficient? are they still manipulated?
(1:28 PM) tomthetrader: Target 52.50
(1:29 PM) tomthetrader: Options are OK if you do the unexpected..earnings plays and LONg term leaps
(1:29 PM) tomthetrader: Most normal buy and hold options impossible
(1:31 PM) ctmhou: Thanks, Tom.
(1:32 PM) tomthetrader: You are welcome
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(1:33 PM) tomthetrader: 25% in QID at 25.42 in Traders
(1:35 PM) tomthetrader: 25% EDZ we will take our last 25% position in EDZ at 9.10
(1:36 PM) tomthetrader: Good Luck
(1:36 PM) tomthetrader: 100% invested
(1:43 PM) Frank_TTT: red...you are to be commended for your work on pv.tthedge...great job
redliontrader: thank you frank
redliontrader: thank you for reading and using
(1:44 PM) tomthetrader: sold GILD 10% at for a trascation fee
(1:44 PM) tomthetrader: 100% short traders 90% invested in Main
(1:44 PM) Fulkdaddy: They are going to close this market positive again today
redliontrader: y, portfolio should be uptodate
redliontrader: i want to make the cell phones ring in the hamptons..
(1:46 PM) ajayvee: Naz A/D -838 Vol +1.8:1
(1:46 PM) ajayvee: NYSE A/D -330 Vol +1.6:1
(1:46 PM) ajayvee: RUT A/D -1063 Vol +2:1
(1:46 PM) ajayvee: All U.S. A/D -1181 Vol +1.7:1
(1:48 PM) tomthetrader: we will short 10% NVDA in Main
(1:48 PM) tomthetrader: 14.60 short NVDA
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redliontrader: 2pm nhs: 62 d1:+26% d5:-40% - weaker..
redliontrader: 10dayH-L:+511 (+3)
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(2:15 PM) aszager: bought edz at 9.1 and qid at 25.4
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(2:16 PM) tomthetrader: University of Michigan Confidence Study reports that consumers' finance assessments are the worst since the survey was instituted in 1946.
(2:21 PM) tomthetrader: Zags : you hedged pretty well ?
redliontrader: SMN Stopped out 12.75>
(2:22 PM) tomthetrader: who gets the big RED or Green Bar at days end ..Bulls Or Bears ?
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(2:22 PM) ajayvee: I vote (hope) bears!
(2:22 PM) tomthetrader: 4% drop in SMN ?
redliontrader: no i am confused..
(2:23 PM) tomthetrader: NO stops on any positions
redliontrader: yes.. just setting my personal stops.. was confused by my own website..
(2:24 PM) tomthetrader: stocks 8% ETF's 4% from today
(2:24 PM) tomthetrader: reset is good for all positions
(2:24 PM) tomthetrader: if you don't reset today it will probably be tougher Monday
redliontrader: I have 12.23 stop for SMN
(2:25 PM) tomthetrader: good
(2:26 PM) aszager: hedged yes and added more short etfs after taking profits on dxd earlier.
(2:26 PM) tomthetrader: 10 ES at 1027.50 short
(2:26 PM) tomthetrader: DXD you caged it
(2:26 PM) tomthetrader: too tough for me ..made a fool out of Tom
(2:27 PM) tomthetrader: you are great at these ETF's Zags...I can barely keep up
(2:28 PM) tomthetrader: FXP 10%
(2:28 PM) tomthetrader: oops took off
(2:28 PM) tomthetrader: Big spike
(2:29 PM) tomthetrader: 1.5 hours left is this June 21st ????????????????????
(2:29 PM) tomthetrader: 10.50 if you can get FXP
(2:30 PM) aszager: I go in and out of them. I often recycle as I sold 5000 dxd earlier today when the market collapsed. I tried buying back dxd at 36.4 but it never hit but I still have another 5000 and a lot of qid and naked qld sept 46 calls
redliontrader: 2:30pm NYSE Nhs: 66 d1:+25% d5:-35%
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redliontrader: 10dayh-l: +504 (-7)
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(2:37 PM) Fulkdaddy: Dollar is roaring
redliontrader: this market is trying to climb back..
redliontrader: Rut ad very weak..
redliontrader: key?
(2:49 PM) Fulkdaddy: I hope...I am short...and if we finish down, looking to go long at the close
redliontrader: the n100, sp550 and dow are rallying.. the R200 is really not too excited
(2:56 PM) ajayvee: right now looking like a mixed market....again!
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redliontrader: NYSE Nhs: 69 D1:+11% d5:-30%
redliontrader: yesterday's NYSE NHs was 70.. one more to go for a tie 2 for a pass
redliontrader: 10dayh-l: +512 (+8)
redliontrader: N100 a/d about to go +
(3:03 PM) *** csu30 has left the room ***
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(3:06 PM) ajayvee: A/D lines all negative, A/D volumes all positive
(3:07 PM) ajayvee: C AIG FRE FNM
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(3:19 PM) desertone: Am watching FBN and one of the floor traders said: While the eod is painful for shorts, this Mkt is made our of straw and not out of bricks FWIW
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(3:24 PM) Fulkdaddy: interesting!!!!
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redliontrader: i guess they really want that dow green day number 9
(3:27 PM) Fulkdaddy: yes, they are going to close it up again
(3:28 PM) Fulkdaddy: no reason not to.
(3:28 PM) Fulkdaddy: End of month market up
redliontrader: 3:30pm NYSE NHS: 72 D1:+10.77 D5:-30%
(3:28 PM) desertone: If AAPL hist 171 and holds we r off to the races a new B/O
(3:28 PM) desertone: Hits
(3:29 PM) desertone: IF :0
(3:30 PM) desertone: oh well eod my typing says it all.............
redliontrader: 10dayH-L: +511 (-1)
redliontrader: Red bar at the end or green? Thomas?
(3:32 PM) hibuck2: I think it was AJ said u can,t go by the trins because of ETF,s I hv been wating the trins all day close they hv been very low every time they tick lower market moves up
(3:35 PM) tomthetrader: 15.78 sell 10% DUG to lock in profit in Main
(3:35 PM) hibuck2: $PCRCO .76
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(3:36 PM) hibuck2: $TRIN .38 $TRIQE .21
(3:36 PM) tomthetrader: normal
(3:36 PM) tomthetrader: low erin /
(3:36 PM) tomthetrader: TRIN low
(3:36 PM) hibuck2: NYSE A/D -138
(3:36 PM) tomthetrader: close on the a/d should be worse
(3:36 PM) hibuck2: NAZ -744
(3:37 PM) tomthetrader: RED's New highs should be worse
(3:37 PM) tomthetrader: NAZprice wise best but worst a/d ?
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(3:39 PM) tomthetrader: The S&P 500 (SPX) chart shows the tug-of-war over the past four days. The first three days of the week plotted a rare tri-star pattern, a bearish omen comprising of three daily doji.
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(3:40 PM) tomthetrader: Yesterday plotted a hanging-man. These patterns work best with low volume
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(3:40 PM) tomthetrader: weekly candle for the index looks set to print a spinning top, like the above, a bearish candle pattern.
weekly candle for the index looks set to print a spinning top, a bearish candle pattern.
(3:41 PM) tomthetrader: a buying climax up to the 1044 region would provide a great shorting opportunity
(3:41 PM) tomthetrader: But we have not seen the buying or sellling climaxes
(3:42 PM) tomthetrader: and climax in this weak volume is im[possble
(3:42 PM) tomthetrader: so on to next week
(3:42 PM) tomthetrader: again we will just hold all positions and go gold , fish or drink heavily ?
(3:43 PM) hibuck2: y
(3:43 PM) ajayvee: y
(3:43 PM) derr11: y
(3:43 PM) desertone: y
(3:43 PM) Fulkdaddy: y
redliontrader: ok.. my spreadsheet crashed..
redliontrader: 15.78 10% gone.. put back the other 10%
redliontrader: $429 profit on dug
redliontrader: i didn't put that in.. I saw that..
(3:46 PM) ajayvee: you only show 3% of NVDA. wasn't it 10%?
(3:47 PM) ajayvee: aren't we short XLF?
(3:48 PM) hibuck2: +$TICK 1005.
(3:49 PM) ajayvee: who'e ever think we'd rally near the close?
redliontrader: ES was 1027.50?
(3:50 PM) tomthetrader: red bar
(3:50 PM) tomthetrader: good for bears
(3:50 PM) tomthetrader: green bar bad for bears
(3:51 PM) Fulkdaddy: y
(3:51 PM) Fulkdaddy: yes
(3:51 PM) Fulkdaddy: auto
(3:51 PM) Fulkdaddy: system
(3:51 PM) Fulkdaddy: says long
redliontrader: what did we sell GILD for?
redliontrader: 45.20
redliontrader: .02 maybe
redliontrader: i had 41.20 in there
(3:53 PM) Fulkdaddy: Did you see Prechter sent out a bearish note to his subscribers this morning?
(3:53 PM) Fulkdaddy: As reported by Kass
(3:54 PM) Fulkdaddy: I would like to see it
redliontrader: i wish they would shut up..
(3:54 PM) hibuck2: i agree
(3:55 PM) *** jim-pr3 has left the room ***
redliontrader: we are going to get a %40DMA cross with the 19day moving average sell signal
(4:00 PM) ajayvee: 47.22 y
(4:00 PM) tomthetrader: 47.22 qcom filled for a loss
redliontrader: NYSE NHs: 76 d1:+8% D5:-28%
redliontrader: no true about nothing.. now we don't have to hear the hype about dow 8 days straight
(4:02 PM) ajayvee: 47.46
(4:02 PM) tomthetrader: 47.46?
(4:02 PM) tomthetrader: 47.29 last /
(4:03 PM) ajayvee: close 47.22
(4:03 PM) Frank_TTT: 47.29
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(4:04 PM) tomthetrader: 47.29 is what i have too frank
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(4:04 PM) desertone: Good Evening everyone! Enjoy your families and your weekend. I plan to
(4:05 PM) tomthetrader: Thank you
(4:05 PM) ajayvee: thanks tom!
redliontrader: 10dayh-l: +517 (+6)
(4:06 PM) *** desertone has left the room ***
(4:06 PM) tomthetrader: Man ...it is persistent RED ?
(4:06 PM) *** Frank_TTT has left the room ***
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redliontrader: sideways all afternoon..
(4:08 PM) tomthetrader: kept wanting to fall apart but 2 buy programs made Bears think 2x ?
(4:11 PM) ajayvee: won't next week be even less volume?
(4:12 PM) ajayvee: oh yeah, that's right. Some of the senior traders come back maybe
redliontrader: Value line up .8% for the week
redliontrader: i have .27% w-w on the SPX.x
(4:15 PM) ajayvee: thanks, have a great weekend. look forward to some reading also.
(4:15 PM) tomthetrader: Lots of goodies coming this weekend
(4:15 PM) tomthetrader: lots out today !
(4:16 PM) tomthetrader: DIWVH was up nice
redliontrader: .4% dow for the week
(4:16 PM) tomthetrader: really
(4:16 PM) tomthetrader: so we ahd a flat week
(4:16 PM) tomthetrader: Had
(4:16 PM) tomthetrader: why did I think we were up big ?
redliontrader: dow range for the week was about 2%
(4:17 PM) ajayvee: DIWVH was up big, but DXD took it away I think
redliontrader: 9505.96 last weeks close - closed today at 9544.20.. up 39 points for the week
redliontrader: rut down for the week
(4:18 PM) ajayvee: 1027.50
redliontrader: rut down about .25% on the week
(4:19 PM) tomthetrader: AJ I can't make a dime ES B.E. ?
redliontrader: wierd to have value line up so much and rut down..
redliontrader: arithmetic
(4:20 PM) tomthetrader: TTT OUT
(4:20 PM) ajayvee: time for beer #2, see everyone later
(4:20 PM) tomthetrader: Only 2 +
redliontrader: got work faster to catch up to thomas
(4:21 PM) tomthetrader: Thomas has a head start ?
(4:21 PM) ajayvee: maybe he had too much! haven;t heard from him
(4:22 PM) tomthetrader: I think he got mad at me...he does alot ...I think I traded against him..thomas I apologize !
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(4:23 PM) tomthetrader: futures close right at Break even ..only I can do that ?
(4:23 PM) tomthetrader: Barron's may have some powerful data ...released soon
(4:24 PM) tomthetrader: Last Trade: 1,027.50
Trade Time: 4:14PM ET
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